And none of this would have been an issue had the S&L's been regulated in the same manner that banks are regulated. Asset quality (good loans with good collateral) is an integral part of examinations. Outfits pulling these kind of shennanigans should be placed out of business and their principals arrested.
Safety and soundness - the pillars of the financial services industry - should be the main thrust of any examinations. And anything that is trying to act like a bank should be regulated the same way. That includes Paypal, insurance companies opening "banks", brokerage houses, and credit unions (they're not as tightly regulated as banks yet either).
The power company is doing it anyway for tax credits. They're just getting you to pay extra for something that they were going to do anyway.
Alliant Energy does the same thing in Iowa. I've chosen not to sign up for it, but that's my choice. That choice has not affected the number of windmills in northern Iowa. As a matter of fact, most of the windmills in my part of the state are owned by a Florida power company looking to get those credits!
I don't have a problem with it, I was just pointing it out. If you'd like to do it, go ahead!
By my reading, they're saying that nitrogen-fixing plants do more "good" in regards to capturing carbon than normal plants on their own.
Soy beans and "Autumn Cardinal Olive" shrubs both are plants suited for temperate zones that fix nitrogen into the soil (as a matter of fact, that is why most large fields of corn are rotated every other year with soybeans).
Sure - but I'm pretty positive I was making that part up.
Cattle raised for meat are generally slautered fairly young. Cattle raised for milk are much longer lived, and their meat is tougher than that found in your average meat cow - so it's a lower grade meat. If it's used, it's used in burgers - and who makes lower grade burgers than McDonalds?
In Iowa, I can dig as deep as I'd care to, and not dig out of black topsoil. As I go north into Minnesota (into forested areas), the black topsoil occupies the top inch or two above sand and gravel. A bit farther north (in the boundary waters area), the top soil is just an inch or so above the rocks of the Canadian shield.
From that super-unscientific method of research, I'd say that large crops of plants related to grasses to a pretty good job of gathering up carbon - better than forests.
As far as sugar cane goes - that kind of goes with what I was saying - small, fast growing plants do more for removing CO2 than large trees - especially when those trees start to shade the areas under them pushing out competing plants from growing near them.
I'd agree on the ethanol bit, but up here in the land where sugar cane doesn't grow, corn is a good substitute. The worst bit about the efficiency of creating the ethanol is the amount of electricity required.
Meat cows and milk cows generally are mutually exclusive, except that when milk cows are used for meat, they go to McDonalds:)
I'm pretty sure that most cows wear a leather coat (we'll call it "cowhide"), regardless of if they're a milk cow or a meat cow. If that cow is for any reason slaughtered, the "cowhide" may as well be used.
That was my first thought. We're growing cattle for their meat anyway - if we can't or won't use the leather (a byproduct of the cow) it would just go to waste.
Not all of the soybean plant is used. Most of it is tilled back into the ground and only the beans themselves are harvested. Same with corn and wheat. The reason that the soil is actually black in the midwest (as opposed to what they call soil in other parts of the country!) is that the crop plants (and the prairie plants before them) are sinking carbon from the atmosphere and locking it back into the soil.
I never did mention Clinton - just chose a widely known S&L failure as an example - you're the one that mentioned him. As a matter of fact, I believe that he was cleared (at least a bit) of wrongdoing in that case.
The point I was trying (and apparently failing) to make, is that the FSLIC required a bailout because of insufficient government regulatory oversight of the S&L industry during the 80's that led to systemic failures in the early 90's, and that entities like Paypal that aren't regulated can add risk to the payments system.
We tried that and the first and only 3 checks we ever accepted were bad.
Check 21 may help change that. Get that to your bank and, if they're sending images and depending upon when you deposit the check - it can clear the same day
.
Of course, that doesn't deal with the latency of the postal system - but half of the equation will shortly be in place to speed up the transaction.
The interchange charged by paypal for "small" internet transactions (like those generated by ebay) is comparable or better than what you'd get from MC/Visa/Amex.
FDIC - it's there so that small balance holders won't lose their life savings if a bank is closed down.
And it does happen - even since 1929! I think that Iowa had a bank failure in 2001 or 2002. Poor management, a (very) bad loan line, or bad economic conditions can lead to it.
The FDIC is there to assure you that your account balance will be there tomorrow if the bank's doors are shut tonight.
And before you complain about it being a government program - it was and is funded by the banks themselves. In the early 90's, the FSLIC (savings and loans) were bailed out because of shennagins like Whitewater in Arkansas, and the remainder was merged into the FDIC (I think).
You, Mr. Coward, don't appear to work for a bank. If they show up with a bad attitude and a hair up their ass, they'll hassle you. There is no "judicial review" unless you get to that point (and God have mercy on your soul if you do). And that goes for the FRB, FDIC, NCUA (although they're less stringent), and OCC (national banks).
Then they shouldn't offer the services of a real bank. A paypal debit card, credit card, and money market account sure sound like they are. If they act like a bank, they should be regulated like a bank (are you listening walmart?)
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Where's the KABOOM? There's supposed to be an earth shattering KABOOM!
Safety and soundness - the pillars of the financial services industry - should be the main thrust of any examinations. And anything that is trying to act like a bank should be regulated the same way. That includes Paypal, insurance companies opening "banks", brokerage houses, and credit unions (they're not as tightly regulated as banks yet either).
Niether am I, but I think that the age of the cow at slaughter has a bit to do with the quality of the meat as well.
General Mortors or Genetically Modified vehicles?
Actually, this is a concern not only for GM crops, but for regular corn and soybean hybrids that are based upon a narrow genetic diversity.
Alliant Energy does the same thing in Iowa. I've chosen not to sign up for it, but that's my choice. That choice has not affected the number of windmills in northern Iowa. As a matter of fact, most of the windmills in my part of the state are owned by a Florida power company looking to get those credits!
I don't have a problem with it, I was just pointing it out. If you'd like to do it, go ahead!
That's no where near as funny as what I said :)
Soy beans and "Autumn Cardinal Olive" shrubs both are plants suited for temperate zones that fix nitrogen into the soil (as a matter of fact, that is why most large fields of corn are rotated every other year with soybeans).
Still haven't received that bonus yet - better check again. Maybe I can withdraw it in an untraceable way - like via ATM.
Cattle raised for meat are generally slautered fairly young. Cattle raised for milk are much longer lived, and their meat is tougher than that found in your average meat cow - so it's a lower grade meat. If it's used, it's used in burgers - and who makes lower grade burgers than McDonalds?
Absolutely not - I meant small in comparison to an 80' tree!
From that super-unscientific method of research, I'd say that large crops of plants related to grasses to a pretty good job of gathering up carbon - better than forests.
As far as sugar cane goes - that kind of goes with what I was saying - small, fast growing plants do more for removing CO2 than large trees - especially when those trees start to shade the areas under them pushing out competing plants from growing near them.
I'd agree on the ethanol bit, but up here in the land where sugar cane doesn't grow, corn is a good substitute. The worst bit about the efficiency of creating the ethanol is the amount of electricity required.
I'm pretty sure that most cows wear a leather coat (we'll call it "cowhide"), regardless of if they're a milk cow or a meat cow. If that cow is for any reason slaughtered, the "cowhide" may as well be used.
That was my first thought. We're growing cattle for their meat anyway - if we can't or won't use the leather (a byproduct of the cow) it would just go to waste.
Not all of the soybean plant is used. Most of it is tilled back into the ground and only the beans themselves are harvested. Same with corn and wheat. The reason that the soil is actually black in the midwest (as opposed to what they call soil in other parts of the country!) is that the crop plants (and the prairie plants before them) are sinking carbon from the atmosphere and locking it back into the soil.
If good looking vegetarians want to run around naked, that's fine by me.
I never did mention Clinton - just chose a widely known S&L failure as an example - you're the one that mentioned him. As a matter of fact, I believe that he was cleared (at least a bit) of wrongdoing in that case.
The point I was trying (and apparently failing) to make, is that the FSLIC required a bailout because of insufficient government regulatory oversight of the S&L industry during the 80's that led to systemic failures in the early 90's, and that entities like Paypal that aren't regulated can add risk to the payments system.
Check 21 may help change that. Get that to your bank and, if they're sending images and depending upon when you deposit the check - it can clear the same day
. Of course, that doesn't deal with the latency of the postal system - but half of the equation will shortly be in place to speed up the transaction.
The interchange charged by paypal for "small" internet transactions (like those generated by ebay) is comparable or better than what you'd get from MC/Visa/Amex.
class action settlement == pittance for you && windfall for lawyers.
Yeah - God knows that the only way anyone can find out the price of a commodity is when it is "reported"
FDIC - it's there so that small balance holders won't lose their life savings if a bank is closed down.
And it does happen - even since 1929! I think that Iowa had a bank failure in 2001 or 2002. Poor management, a (very) bad loan line, or bad economic conditions can lead to it.
The FDIC is there to assure you that your account balance will be there tomorrow if the bank's doors are shut tonight.
And before you complain about it being a government program - it was and is funded by the banks themselves. In the early 90's, the FSLIC (savings and loans) were bailed out because of shennagins like Whitewater in Arkansas, and the remainder was merged into the FDIC (I think).
Send me your password and I'll investigate it for you :)
You, Mr. Coward, don't appear to work for a bank. If they show up with a bad attitude and a hair up their ass, they'll hassle you. There is no "judicial review" unless you get to that point (and God have mercy on your soul if you do). And that goes for the FRB, FDIC, NCUA (although they're less stringent), and OCC (national banks).
Then they shouldn't offer the services of a real bank. A paypal debit card, credit card, and money market account sure sound like they are. If they act like a bank, they should be regulated like a bank (are you listening walmart?)