This is the reason people should encourage their retirement funds and accounts to divest from fossil fuel assets. In 30 years they could all be worthless and the drop when it comes will be so fast no one will be able to react to it.
It's comments like this that indicate how poorly informed the general public is on financial matters. 3DFX went under because they were burning through money hand over fist and ended up owing more money than they could ever make.
3DFX made a very poor decisions to purchase Diamond Graphics factory in Mexico and began sole sourcing their boards. This was a colossal mistake at the time as the cheap Chinese assembly factories were just coming online and all the OEM's out of China were willing to lose money to gain market-share. 3DFX wasn't cost competitive, their factory costs made them lose money on every product and even then they couldn't fully saturate the production line meaning they were losing money on the factory. This on top of design cost overruns and delays that murdered them. 3DFX was very poorly managed and in the end they were sold for pennies on the dollar.
3DFX was almost a text book example of how not to run a company. I think Jen (CEO of Nvidia) is a dickhead but he knows how to run a business unlike the prior 3DFX CEO's.
There no "lawsuit" involved. If it's child pornography because the model was underage it doesn't matter who lied or when. The production and all copies are then child pornography, and you don't sue them, the Attorney general shows up with the power and unlimited funding of the government behind them and throws you in jail.
And as another poster mentioned, as soon as the state says the words child pornography to the jury you are going to jail. Mere possession of child pornography is 5 years in federal jail and that's for a SINGLE image, every additional image is an additional count. Creating pornography with an underage model is up to 20 years in federal prison per image. And ignorance of the models age is not a defense. Real porn producers won't TOUCH a model they aren't positive is over the age of 18 for this very reason.
Child pornography isn't a game, if as part of this guys scam he even photographed an underage person in the nude he's going to jail. Hell, they've put kids in jail for taking photographs of themselves because it's producing child pornography. Only very foolish people would take a risk like this.
Automated excavation already exists. Google Automated machine grading. You input a design terrain model into the equipment and put someone in the seat to drive it and the equipment does all the excavating and tells the driver where to go. This has existed for about a decade. The next step is get rid of the no skill driver in the seat and add the radar and cameras so it doesn't run anyone over. Given the advancement in driver-less vehicles it's not going to be long before the only people on construction sites are the foreman and engineer.
A defense of "she lied about her age" is about as worthless as claiming the cops forced you to do it. Pornography is covered by some seriously powerful laws that require the publisher to obtain, photocopy and retain documentation of proof of age for 10 YEARS that can be requested at any time by just about anybody and if you don't produce the documents you go directly to jail.
"but she had a fake ID", good luck with that defense too. You apparently aren't aware of how strictly regulated pornography is in the US.
When the work of Democracy is done in secret you've lost the entire basis of representative democracy. The citizenry can't hold their representatives to account if they don't know what their representatives are doing. Secrecy is an anathema to democracy. As another poster has said, there should be a federal open meetings law that prevents congress from doing such things.
So now you're claiming the evil Obama mastermind is in control of what stories from the Snowden leaks are published even though Obama's government has gone to great length to prevent the publication of ANYTHING Snowden provided to the journalists?
Yea, Obama is such an evil mastermind.:roll eyes:
Just like my inlaws that blamed Obama for the $10K cash transaction limits that were put in place 30 years ago during the Regan administration. Everything is his fault and everything will be better under Trump. You're lying to yourself and you probably don't even realize it.
So a release by Snowden that was made more than 2 years ago and publicized as part of the ongoing review of those documents about a murder that occurred during the Bush administration is somehow Obama's fault?
Get over it, Trump will be president in less than a month. You have an unnatural obsession with blaming Obama for everything.
Your wrong, fake news is alive and well on the left, it just operates on different topics than the right. It is just as effective at is goal of segregating people into groups and demonizing the other side. The ultimate goal of these campaigns is the same as ever, divide and conquer.
The title is also part of the tag line. Ie fox NEWS. Its not news, but they sure pretend it is, and its not anywhere near 4 hours a day, its at best 20 minutes a session with three sessions a day or 1 out of 24.
Fox "news" is one of the most succesfull propaganda campaigns in history and the purveyours of fake news have copied the model and abandoned trying to be subtle. The fairness doctrine needs to be re-established for broadcast television and truth in advertising enforced by the FTC with severe financial penalties for fraud.
Or it could be that certain people in congress deliberately obstructed any legislation supported by the then sitting president. Its almost lke they publicly swore to oppose the President in everything he did regardless of the merits. You know like opposing a "grand bargain" that would have done more to solve long term spending problems because it would have been seen as the president winning.
And now that they think they won these same people will go back to the very tax cut and spend policies and deregulation that crashed the world economy not even a decade ago.
Current panel prices are sub $0.40 a watt wholsale and install costs have begun to fall as fast as panel prices. IIRC installed pricing is now arround $2.50 a watt, this is a price I never thought we would see. 5 years ago it was nearly $5 a watt installed.
It's a common tactic of the religious conservatives to take social liberal's concerns, such as human trafficking, to use the publicity the social liberals have generated as an excuse to pass laws that have nothing to do with the social cause and that seek to impose conservative christian values on the population.
Because after all, if prostitution was illegal no one would do it. And so goes if pornography filters are mandatory, human trafficking goes away. It doesn't matter that this isn't true or even logical, its about imposing their values on the populace and using the truncheon of government as a retaliation against those that don't comply.
This is a time honored tradition of Christian social conservatives. Hell it's where prohibition and the drug war come from.
And out of state sellers with no presence in the state aren't required to comply anymore so than they would be for sales tax. Now the state could go after the buyers of the out of state computers and try to make them pay it, but that's not very good publicity to yank 80 year old grandma's into court to make them pay a $20 anti-human trafficking fee for a new computer.
This is a state money grab. None of the money collected is going to go to "anti-human trafficking". Even if the money does technically go to the police they would simply shift other funds out to a net zero impact. It's called a stealth tax increase.
It's fraud because they created shell companies, claimed to be independent lawyers when in fact they were the owners and they induced people to download it and then lied about the whole thing in court (lied on the stand or in writing around a dozen times to several federal judges). Doing that gets you two charges, Fraud and Perjury and because there were two of them, you get a conspiracy charge for each. This happens for every single case they file so the number of counts can get rather astronomical after a while. Pretty soon you are looking at 100 years in federal prison.
Lying to a federal judge is bad, m'kay. Don't do it unless you want to spend lots of time in prison.
Wind has been cheaper than coal for 2 years with Solar only about a penny per/kw more. With solar approaching winds price both a far cheaper than even the cheapsest fossil fuel produced power in 100 year old (fully paid for coal plant). 4GWs of solarpower was installed last quarter and install rate is growing at 80%+ per year while prices are falling 20% per year for the last 6 years.
Whats funny to me is the jackasses that think solar and wind power are a partisan political issue, because they aren't.
Vehicle emission testing is common throughout the US, if you think having clean air is too much of a hassle please keep all those smoking vehicles in Ohio where they belong so your kids can grow up with deficiencies from the exposure to the hazardous emissions.
Better yet, bring back leaded fuel and really show those government thugs that clean air is nothing to worry about and lead poisoning is something to be proud of!
The average commercial solar "farm" in the US in 2016 is around 500MW, not 30.
A typical "trial" install of wind turbines is 5. This is a proof of case install. The turbines are installed in one of the highest most consistent wind patterns in the US (the eastern coast winds that blow warm air north into the arctic. These winds are rated as some of the best in the world (strongest, most consistent). Turbines installed in these areas are expected to be turning 90+% of the time and considering the islands only other source of power is diesel generators that cost more than $.50 a kw/h to run this is a bargain for the island.
The wind on the ocean also almost never stops. In fact in the area these turbines are installed the wind literally never stops and it's high enough speed that it's rated as one of the best locations on the planet. These Turbines will likely be generating power 90+% of the time greatly reducing the power than needs to be pulled from diesel generators on the island. Diesel generated power is awful cost wise, it's easily the most expensive power generation in the country.
The point of the divestment campaign isn't to make money elsewhere, it's to avoid losses that will happen. See that's the thing, when stocks go down they go down fast often it's a one day move that will wipe out 50% of the stock or more. You can't time these moves and fossil fuels are on the way out long term. If you want to take the risk that when the collapse in stocks comes that you will be out before it happens go right ahead but what the divestment movement is really about is making sure your retirement account isn't dependent on those stocks when the crash comes.
See the entire value of those stocks is in the resources they have in the ground, if even 25% of those resources will never be extracted the company is worth 25% less than it is. It's not going to be very many years before many of the fossil fuel stocks get hammered by the reality that the bulk of their on book resources that are still in the ground will never be extracted. The coal collapse has already happened, the stocks crashed in a matter of days and I doubt any small time investor got out, it's just a matter of time before the oil companies experience what the coal stocks did, do you want your retirement to depend almost entirely on those stocks? Because if you have your money in any of the large mutual funds it's invested in carbon assets and your retirement could be in jeopardy.
Divestment is about making sure retirement funds and investors are protected from the crash that comes when the market realizes those in ground assets are worthless.
Slashdot Mirror
This is the reason people should encourage their retirement funds and accounts to divest from fossil fuel assets. In 30 years they could all be worthless and the drop when it comes will be so fast no one will be able to react to it.
It's comments like this that indicate how poorly informed the general public is on financial matters. 3DFX went under because they were burning through money hand over fist and ended up owing more money than they could ever make.
3DFX made a very poor decisions to purchase Diamond Graphics factory in Mexico and began sole sourcing their boards. This was a colossal mistake at the time as the cheap Chinese assembly factories were just coming online and all the OEM's out of China were willing to lose money to gain market-share. 3DFX wasn't cost competitive, their factory costs made them lose money on every product and even then they couldn't fully saturate the production line meaning they were losing money on the factory. This on top of design cost overruns and delays that murdered them. 3DFX was very poorly managed and in the end they were sold for pennies on the dollar.
3DFX was almost a text book example of how not to run a company. I think Jen (CEO of Nvidia) is a dickhead but he knows how to run a business unlike the prior 3DFX CEO's.
There no "lawsuit" involved. If it's child pornography because the model was underage it doesn't matter who lied or when. The production and all copies are then child pornography, and you don't sue them, the Attorney general shows up with the power and unlimited funding of the government behind them and throws you in jail.
And as another poster mentioned, as soon as the state says the words child pornography to the jury you are going to jail. Mere possession of child pornography is 5 years in federal jail and that's for a SINGLE image, every additional image is an additional count. Creating pornography with an underage model is up to 20 years in federal prison per image. And ignorance of the models age is not a defense. Real porn producers won't TOUCH a model they aren't positive is over the age of 18 for this very reason.
Child pornography isn't a game, if as part of this guys scam he even photographed an underage person in the nude he's going to jail. Hell, they've put kids in jail for taking photographs of themselves because it's producing child pornography. Only very foolish people would take a risk like this.
Automated excavation already exists. Google Automated machine grading. You input a design terrain model into the equipment and put someone in the seat to drive it and the equipment does all the excavating and tells the driver where to go. This has existed for about a decade. The next step is get rid of the no skill driver in the seat and add the radar and cameras so it doesn't run anyone over. Given the advancement in driver-less vehicles it's not going to be long before the only people on construction sites are the foreman and engineer.
A defense of "she lied about her age" is about as worthless as claiming the cops forced you to do it. Pornography is covered by some seriously powerful laws that require the publisher to obtain, photocopy and retain documentation of proof of age for 10 YEARS that can be requested at any time by just about anybody and if you don't produce the documents you go directly to jail.
"but she had a fake ID", good luck with that defense too. You apparently aren't aware of how strictly regulated pornography is in the US.
NOT for photographs. They might be able to fuck you but if you take a picture of them you are going down for Child Pornography (a federal charge).
When the work of Democracy is done in secret you've lost the entire basis of representative democracy. The citizenry can't hold their representatives to account if they don't know what their representatives are doing. Secrecy is an anathema to democracy. As another poster has said, there should be a federal open meetings law that prevents congress from doing such things.
So now you're claiming the evil Obama mastermind is in control of what stories from the Snowden leaks are published even though Obama's government has gone to great length to prevent the publication of ANYTHING Snowden provided to the journalists?
Yea, Obama is such an evil mastermind. :roll eyes:
Just like my inlaws that blamed Obama for the $10K cash transaction limits that were put in place 30 years ago during the Regan administration. Everything is his fault and everything will be better under Trump. You're lying to yourself and you probably don't even realize it.
So a release by Snowden that was made more than 2 years ago and publicized as part of the ongoing review of those documents about a murder that occurred during the Bush administration is somehow Obama's fault?
Get over it, Trump will be president in less than a month. You have an unnatural obsession with blaming Obama for everything.
Your wrong, fake news is alive and well on the left, it just operates on different topics than the right. It is just as effective at is goal of segregating people into groups and demonizing the other side. The ultimate goal of these campaigns is the same as ever, divide and conquer.
The title is also part of the tag line. Ie fox NEWS. Its not news, but they sure pretend it is, and its not anywhere near 4 hours a day, its at best 20 minutes a session with three sessions a day or 1 out of 24.
Fox "news" is one of the most succesfull propaganda campaigns in history and the purveyours of fake news have copied the model and abandoned trying to be subtle. The fairness doctrine needs to be re-established for broadcast television and truth in advertising enforced by the FTC with severe financial penalties for fraud.
If they run over cyclists you can be damn sure they'll run over pedestrians too.
Or it could be that certain people in congress deliberately obstructed any legislation supported by the then sitting president. Its almost lke they publicly swore to oppose the President in everything he did regardless of the merits. You know like opposing a "grand bargain" that would have done more to solve long term spending problems because it would have been seen as the president winning.
And now that they think they won these same people will go back to the very tax cut and spend policies and deregulation that crashed the world economy not even a decade ago.
Current panel prices are sub $0.40 a watt wholsale and install costs have begun to fall as fast as panel prices. IIRC installed pricing is now arround $2.50 a watt, this is a price I never thought we would see. 5 years ago it was nearly $5 a watt installed.
It's a common tactic of the religious conservatives to take social liberal's concerns, such as human trafficking, to use the publicity the social liberals have generated as an excuse to pass laws that have nothing to do with the social cause and that seek to impose conservative christian values on the population.
Because after all, if prostitution was illegal no one would do it. And so goes if pornography filters are mandatory, human trafficking goes away. It doesn't matter that this isn't true or even logical, its about imposing their values on the populace and using the truncheon of government as a retaliation against those that don't comply.
This is a time honored tradition of Christian social conservatives. Hell it's where prohibition and the drug war come from.
And out of state sellers with no presence in the state aren't required to comply anymore so than they would be for sales tax. Now the state could go after the buyers of the out of state computers and try to make them pay it, but that's not very good publicity to yank 80 year old grandma's into court to make them pay a $20 anti-human trafficking fee for a new computer.
This is a state money grab. None of the money collected is going to go to "anti-human trafficking". Even if the money does technically go to the police they would simply shift other funds out to a net zero impact. It's called a stealth tax increase.
It's fraud because they created shell companies, claimed to be independent lawyers when in fact they were the owners and they induced people to download it and then lied about the whole thing in court (lied on the stand or in writing around a dozen times to several federal judges). Doing that gets you two charges, Fraud and Perjury and because there were two of them, you get a conspiracy charge for each. This happens for every single case they file so the number of counts can get rather astronomical after a while. Pretty soon you are looking at 100 years in federal prison.
Lying to a federal judge is bad, m'kay. Don't do it unless you want to spend lots of time in prison.
Hansmeier had is law license taken away about a year ago. He's not suing anyone anymore.
Wind has been cheaper than coal for 2 years with Solar only about a penny per/kw more. With solar approaching winds price both a far cheaper than even the cheapsest fossil fuel produced power in 100 year old (fully paid for coal plant). 4GWs of solarpower was installed last quarter and install rate is growing at 80%+ per year while prices are falling 20% per year for the last 6 years.
Whats funny to me is the jackasses that think solar and wind power are a partisan political issue, because they aren't.
Your comparison was to the "failure" of vehicle emission testing as a government over-reach. You deserve to be ridiculed for such nonsense.
Vehicle emission testing is common throughout the US, if you think having clean air is too much of a hassle please keep all those smoking vehicles in Ohio where they belong so your kids can grow up with deficiencies from the exposure to the hazardous emissions.
Better yet, bring back leaded fuel and really show those government thugs that clean air is nothing to worry about and lead poisoning is something to be proud of!
The average commercial solar "farm" in the US in 2016 is around 500MW, not 30.
A typical "trial" install of wind turbines is 5. This is a proof of case install. The turbines are installed in one of the highest most consistent wind patterns in the US (the eastern coast winds that blow warm air north into the arctic. These winds are rated as some of the best in the world (strongest, most consistent). Turbines installed in these areas are expected to be turning 90+% of the time and considering the islands only other source of power is diesel generators that cost more than $.50 a kw/h to run this is a bargain for the island.
The wind on the ocean also almost never stops. In fact in the area these turbines are installed the wind literally never stops and it's high enough speed that it's rated as one of the best locations on the planet. These Turbines will likely be generating power 90+% of the time greatly reducing the power than needs to be pulled from diesel generators on the island. Diesel generated power is awful cost wise, it's easily the most expensive power generation in the country.
The point of the divestment campaign isn't to make money elsewhere, it's to avoid losses that will happen. See that's the thing, when stocks go down they go down fast often it's a one day move that will wipe out 50% of the stock or more. You can't time these moves and fossil fuels are on the way out long term. If you want to take the risk that when the collapse in stocks comes that you will be out before it happens go right ahead but what the divestment movement is really about is making sure your retirement account isn't dependent on those stocks when the crash comes.
See the entire value of those stocks is in the resources they have in the ground, if even 25% of those resources will never be extracted the company is worth 25% less than it is. It's not going to be very many years before many of the fossil fuel stocks get hammered by the reality that the bulk of their on book resources that are still in the ground will never be extracted. The coal collapse has already happened, the stocks crashed in a matter of days and I doubt any small time investor got out, it's just a matter of time before the oil companies experience what the coal stocks did, do you want your retirement to depend almost entirely on those stocks? Because if you have your money in any of the large mutual funds it's invested in carbon assets and your retirement could be in jeopardy.
Divestment is about making sure retirement funds and investors are protected from the crash that comes when the market realizes those in ground assets are worthless.
Gotta love autocorrect. :( Was rather funny though.