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Comment Re:Sure he did... (Score 1) 185

Actually, I do. There are millions. However, I'm being a bit picky about your wording because it is not always the case where an owner with 12% has a controlling interest. I speak from experience,too. A startup I was with fought off a hostile takeover with an entity that held 30% of the company by waging a proxy war to get minority shareholders on our side. We won the vote by a very slim margin. Keep that in mind in case you are ever unfortunate enough to be in that sort of situation.

Comment Re:Sure he did... (Score 1) 185

Perhaps you should. The combination of the two totals less 39%. This is less than the 50%+1 required to have controlling interest. That is not to say that the two governments don't have a strong influence. They certainly do. However, if the other shareholders are in alignment, the governments do not have a controlling vote.

Comment Re:Festung Norwegen (Score 1) 359

Yeah. Haven't you noticed how the residents of Norway resemble those of Southern California? You know, all that blondeness. The OP is warning us about how Norwegians are adopting the values of Southern California, getting tans, dye jobs and fake boobs.

Of course, causation is not correlation. Or is it the other way around?

Comment Re:Labor conditions (Score 1) 598

Actually, the West has been dominant for about five hundred years, give or take. That is hardly most of history. Prior to that, the East was dominant because of the labor advantage they held. Gunpowder and the Industrial Revolution changed all that.

As for banning child labor, you might also make the same argument for slavery, in that people will only end up in crime and prostitution otherwise. It`s not quite like that anymore. Productivity has changed dramatically since the Great Depression. We don`t live in a world where there is a shortage of goods. The problem is distribution, not production. Oddly enough, legislation can solve that problem and it has gone away in countries that took the trouble to do so. Iceland, at least before it deregulated its banking industry, was a very wealthy country. Check on what life was like there a hundred years ago.

Capitalism is great for increasing productivity but that isn`t the issue right now. The USA still remains wealthy, but only if you happen to be in the top 1% of the population. Do you really think that those 1% are so productive that they control about 38% of the wealth of the entire nation?

Comment Re:And many of the "climate" scientists... (Score 1) 536

Actually, nuclear is not a viable replacement for fossil fuel because it does not follow load. The electricity grid is complicated and relies on being able to balance supply and demand during operation. Nuclear is incapable of doing that. Only natural gas turbines and hydro can follow load. Nuclear is probably the best choice to replace coal for base load operation overall but it becomes less competitive in areas where there are geothermal resources or good supplies of biomass. No one energy source can supply all our needs. I'm not preaching, just being practical.

Comment Re:So... (Score 1) 215

Not all cases. Acidification depends on the local geology.

As for earthquakes, would you rather have cracked tiles now or the risk of a collapsed roof later? Basel was an example of increased tremor activity. This also happens with oil and gas drilling but is not as well known.

However, there are relatively few EGS systems out there that generate more than demonstration power. The most common geothermal systems are hydrothermal. These are difficult to find but generally operate for long periods with minor emissions and waste.

Comment Re:So... (Score 1) 215

Not quite. You're thinking of an enhanced geothermal system (EGS). These systems use water as a heat transfer fluid in spots where the rock is hot and dry. Pumping water into hot rock does not acidify it. These systems do increase the incidence of earth tremors but that is generally considered a feature, not a bug because the increased frequency of tremors means less magnitude.

Comment Re:Good luck. You'll need it. (Score 1) 913

I had a similar attitude when I was doing my EE undergrad. I was in it for the piece of paper that gets you a job. As it turns out, what I thought then was useless turned out to be pretty useful later on. The useless English class turned out to be quite valuable for deciphering the meaning of latin rooted words when in conversations where you can't stop to look up words. The CSC course on numerical analysis turned out to be the major tool I needed to do my graduate thesis. I shouldn't have gone to the pub before that class.

My point is that you have a long, unpredictable life ahead of you. You may want to work outside technology later. Learning new, esoteric things now may come back to help you in ways you never could have imagined. While it is true that you can learn just about anything on your own, taking classes usually (not always!) gives you broader coverage of a subject and more context. Some people can do it all on their own. For the rest of us, we get an education because we're better off with one than without one.

Comment Re:Sad, but I can see doing it too (Score 1) 950

Drug costs are a big part of health care costs. A federal government can bargain costs much more efficiently than smaller entities.

There's a moral hazard with private health insurance. Governments have a vested interest in keeping you healthy so you can pay taxes. Private insurers have a vested interest in covering you until you are no longer healthy. This means that individuals with chronic conditions face increasing difficulty in getting coverage. Obamacare failed to address this issue correctly, likely resulting in higher costs in the future.

There are no easy answers to solving the health care issues in America but it is hard to argue against some sort of nationalization when you look at life expectancies and costs in countries where there is government subsidized health care.

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