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Comment: Re:Did I miss the breakthrough? (Score 1) 305

by sphealey (#47707837) Attached to: If Fusion Is the Answer, We Need To Do It Quickly

" If JET can reach break-even point, there’s a very good chance that the massive ITER reactor currently being built in France will be able to obtain the holy grail of everlasting green power generation: self-sustaining fusion.

Dozens and dozens of journal summaries with that miraculous word 'if'


Comment: Did I miss the breakthrough? (Score 4, Interesting) 305

by sphealey (#47707771) Attached to: If Fusion Is the Answer, We Need To Do It Quickly

Did I miss the part where the human race had a miraculous breakthrough in fusion technology? Even setting aside the expected issues with neutron radiation (sorry, no Mr. Fusion Home Energy Kit) there isn't any fusion technology today that is even close to breakeven on an experimental basis. As for commercial operations...

Comment: Re:Are they "small government" republicans ? he he (Score 1) 393

by Zancarius (#47657725) Attached to: 3 Congressmen Trying To Tie Up SpaceX

It then became co-opted by Republicans and enough right-wing extremists to drive away most moderates and all right-leaning Democrats.

Or more to the point: It became co-opted and taken over partially by Karl Rove and his cronies and then successfully painted by establishment Republicans and their Democratic peers as an extremist movement. All this because entrenched Republicans and Democrats neither want to be disrupted from their position of power or ousted by outsiders. Government by and for the government.

While third parties have historically done poorly in US elections, given how little functional difference there is between the two ruling parties, we're sorely in need of change.

Although my voter registration says "Republican," I have increasingly less and less respect for most "Republicans," including Karl Rove, Ann Coulter, many of the establishment incumbents, and dozens of others who happen to be as big (or bigger) spenders as their DNC compatriots they rail against. It's like someone else said earlier in the thread: It's not that either party is opposed to regulation, they just can't agree on what needs regulating.

Comment: Re:I think this means (Score 2) 255

by sphealey (#47626941) Attached to: TEPCO: Nearly All Nuclear Fuel Melted At Fukushima No. 3 Reactor

- - - - - but in the US most plant upgrades have been denied permits by the feds because of work done by organizations like [organization parent poster doesn't like] - - - -

Nuclear power plants in the United States with operating licenses undergo a continuous process of upgrade and modification, will continue to do so throughout their operating life, and in some cases continue to receive upgrades after retirement if in safestore mode. Over the last 20 years enormous effort has gone into simplifying and rationalizing the designs of the post-TMI era, standardizing operations, and improving backup systems. A current challenge is replacing the 1960s/70s era control and instrumentation systems which, while rugged and highly reliable, cannot be maintained as there are no longer sources of spare parts, with modern C&I systems. All while avoiding the fragility and instability of COTS electronics.

It is true that the finance world on Wall Street has made it difficult to begin new from-scratch nuclear plants in the US (although a few are currently underway) due to serious doubts about ROI during the financed lifetime, but that's another issue entirely.


Comment: Re:The Free Market has the Technology Now (Score 2) 218

by sphealey (#47589317) Attached to: The Great Taxi Upheaval

- - - - - In the absence of regulation, a customer who has been wronged has the ability only to sue with regard to his own personal case, and that prospect doesn't trouble companies: - - - -

Actually, the consumer of the non-regulated service will find that he has signed a binding agreement to settle all disputes in arbitration, using an arbitrator selected by the provider, with no recourse to the courts.


Guess what percentage of arbitrator awards are in favor of the party that selected them?...

Comment: Re:No due diligence taking place? (Score 1) 209

There exist ERP systems for small, mid-sized, and enterprise-sized companies with corresponding scope, size, and complexity. The OP's business sounds as if it is large enough (plus multinational) to justify an enterprise-grade system, but e.g. an implementation of Visual Manufacturing(tm) for a small-medium engineer-to-order or make-to-stock company is well within the ability of a 1-3 person staff to understand and manage.


Comment: Re:Gox used margin trading & fractional reserv (Score 1) 143

by sphealey (#47092895) Attached to: Sifting Mt. Gox's Logs Reveals Suspicious Trading Patterns

= = = The difference between banks and MTGox is that while banks also use fraction reserve, the full liabilities are backed by assets in the form of loans they have handed out, and security on the assets of the borrowers such as property. At the time of the financial crisis, those assets and collateral were not sufficient to cover the fractional reserve liabilities, but at least they had something, unlike MTGox which had nothing to back the fractional reserve liabilities. = = =

Spot-on. Of course the major Western money center banks and financial institutions also had the backing of the full faith and credit of major, stable governments including both the maligned US Federal Reserve and ultimately the US Treasury. While bitcoin has the full faith and backing of... Satoshi I guess.


Doubt isn't the opposite of faith; it is an element of faith. - Paul Tillich, German theologian and historian