Comment Re:This is about Solyndra (Score 1) 311
Solyndra was betting on higher prices for silicon and lower prices for copper, gallium, and iridium. Regardless of anything the Chinese did, they were going to get hosed big time.
Solyndra was betting on higher prices for silicon and lower prices for copper, gallium, and iridium. Regardless of anything the Chinese did, they were going to get hosed big time.
Why not? A publicly traded company's only duty is to make money for its shareholders...
Can we stop already with the incorrect summary of Ford vs. Dodge Brothers?
Most state codes permit, or even require, incorporators to
include a statement in the corporate charter that defines and limits the
purpose for which the corporation is being formed. If the corporation's
founders so desire, they can easily include in the corporate charter a recitation
of the Dodge v. Ford view that the corporation in question "is organized and
carried on primarily for the profit of the stockholders."
In reality, corporate
charters virtually never contain this sort of language. Instead, the typical
corporate charter defines the corporate purpose as anything "lawful."
What about state corporation codes? Do they perhaps limit the corporate
purpose to shareholder wealth maximization? To employ the common saying,
the answer is "not just 'no,' but 'hell no.'"
I fail to see anything innovative about this. The Palo Verde Nuclear power plant uses reclaimed water for cooling as there's no nearby river of the correct size.
From Wikipedia:
Located in the Arizona desert, Palo Verde is the only nuclear generating facility in the world that is not situated adjacent to a large body of above-ground water. The facility evaporates water from the treated sewage of several nearby municipalities to meet its cooling needs
That's a pretty stunning display of cognitive dissonance you've got going there.
The Sierra Club and other environmentalist groups can lobby against it.
doesn't jive with
But what I think we should outlaw is corporate lobbying
The Sierra Club is a corporation. The ACLU is a corporation. The NRA is a corporation.
A corporation is nothing more than one or more people pooling resources to establish a common goal.
Remember, folks, Iran's apparently nuclear weapon program, while not illegal in any sense
Iran is a signatory to the Nuclear Nonproliferation Treaty. Under that treaty, they are legally restricted from developing nuclear weapons and legally required to allow the IAEA to monitor any nuclear program that they did have.
If they're pursuing nuclear weaponry, it's clearly illegal.
Yes. The trite summary is that a blind moron with a Celsius room temperature IQ could have seen that the US federal government was going to helicopter cash out to states to pay for voting "upgrades" following the fiasco in Florida during the 2000 election.
Diebold had a (small) division in South America that did voting machines, but they felt it was better to buy a local company. That company is the fucked up one, with the Microsoft Access, and the antivirus* and the glavens.
*Yes, Randall is a smart guy, but the antivirus in question wasn't running on the voting machines, it was running on the central server. ISTR that in that particular instance, the votes had actually been cast on Scantron style paper ballots.
It is impossible to enjoy idling thoroughly unless one has plenty of work to do. -- Jerome Klapka Jerome