Follow Slashdot stories on Twitter

 



Forgot your password?
typodupeerror
×

Comment Abiotic Oil (Score 2) 93

That brings into play the hotly debated Abiotic Oil theory. Conspiracy rumors have been the Deep Horizon disaster was based on BP hitting Abiotic oil and the pressure was too great for the faulty design and faulty materials used. Rumors also have been the Russians tapped into Abiotic oil during their deep drilling experiments. If this paper is correct that complex carbon chains are common in the universe, I'm wondering if the oil companies have known about it on Earth and didn't want to tell us about it till they got the price of crude high enough? That might explain the Liberty Rig that was erected about this time last year off the North Slope on a gravel island that was also known as Gull Island. Liberty Rig can drill 8 miles for slant drilling, that might be deep enough to hit Abiotic oil locked just at or just below the Earth's crust.

Comment It won't be an Amiga (Score 1) 258

It won't be an netbook "Amiga" as Hyperion does not have a license for the "Amiga" name for hardware. Hyperion can only use "AmigaOne" as it's official name for it's hardware series. The only company that has an official license to call their hardware Commodore Amiga is http://www.commodore.net/ who are using a customized Mint OS distro.

Comment Open Source Text Books? (Score 0) 478

My initial reaction was the kids were going to be sucked into the iPads and never pay attention to the teacher. However, if Maine is also planning to role out open source text books that will be used on the iPads, then I'm all for it. If the State no longer has to buy text books on a regular basis, the cost of the iPads, replacement and admin should be fairly reasonable to Maine's tax payers. That way the kids who want to learn can and those who don't, have a iPad pacifier for the day.

Comment Economics and Aviation History (Score 0) 96

I wonder if the write thought this through before he went to bemoan the idea that the rich will be the ones who can afford it. I'm all for the rich to spend their money on this and more so. If you look back in aviation history, those first long distance commercial flights were not cheap comparative to that era. Only the very rich could afford to go fly down to the Keys or from NYC to LA, the average person had to take a train, bus or if it was overseas travels, passenger ship. Aviation travels caught on with the rich because it saved them time, and time is either money (business trips) or pleasure while the airlines grew from providing this service. Jet airplane travel was not cheap, again, only the rich could afford it. It was a status symbol to be a "Jet Setter", so more and more paid the high ticket costs which grew the commercial travel industry on the backs of the rich. Today, it's often far cheaper to buy a ticket in advance on Spirit Airlines then it is travel by car, that is only happening because it's a mature market that was funded by the thrill seeking rich some 80 years ago.

This is the same way it has to happen for space travel so that the average person can afford to go for a sub-orbital and hopefully one day, a orbital trip. Rich have to be there to financially fund development and refinement of space travel, government will just FUBAR it up like they did the human space program over the past three decades. Toast the rich as they begin this phase of human space travel, they are funding it, and they are literally putting their lives on the line to make the system more economical and safer for us common folk in the future.

Comment Is that inflation that I smell? (Score 0) 1040

The entire debt ceiling is a giant failure. Most of the so called "cuts" are not due until at the end of the ten year period where it's unlikely that future congress will abide by it. Second issue is the National Debt. Only in Washington D.C. will spending increase by $7T in borrowing, a "cut." Yes, US Government would have borrowed another $9T but now they are going to "cut" and only borrow $7T. So we are now looking, after those "cuts" of only owing $22T, what a deal! But what if interest rates go up? US is only paying what, ~1.5% now, but if it went to 5.5%-6% like it was in the 90s? Remember 1/3 of the nation debt is in short term debt that rolls over in under 12 months. So $22T paying out 6% is $1.32T in INTEREST PAYMENTS. Greece recently had it's interest rate at 13.5% and there is no one big enough to bail out the US.

Now add in unfunded mandates worth about $60T+ and the trillions of dollars that the Fed threw around from quantum easing I and II, inflation will add into the perfect storm scenario perfectly. Who would be crazy enough to hold US treasury debt?

Slashdot Top Deals

Today is a good day for information-gathering. Read someone else's mail file.

Working...