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Comment Re:It's almost as if... (Score 2) 153

So I live in a hot environment, liven in one without air conditioning. Part of it is architecture. Part of it is expectations. Part of it is how hot it gets. In one place, for about 4 months a year, the weather in always above 80f. It is always hot. In another most nights it cools to 60f. There is time to cool off.

Electronics and machine are another factor. That heat needs to be removed. If you are in a dry climate, those can be placed outside.

But this article is about water. And what we have seen is conflict over how water is used. In Arizona more water is used to raise alfalfa grass, which is not really that thirst at about 75 gallons of water per pound. Almonds drink about 350 per pound. But alfalfa is the used to feed livestock who finish meat uses about 2000 gallons per pound.

Water is a limited resource and in the west it is one river that has to be shared

Flying west I see the oil jacks pumping 24 hours a day. After flying over New Mexico, I see crop circles being irritated by giant sprinklers that waste half the water, growing food for cows. I wonder which is worst.

Comment Re:I'm not sure how we are going to swing that (Score 1) 142

People are choosing to buy fancier mor expensive cars. But really there are a lot of cars that can be had for under 35,000, the inflation adjusted price of one the cheapest cars you could buy inn1980. For instance, a fully equipped Kia Forte with braking is under $30,000.

There is also insurance to think about as the total cost of ownership. I have seen lower insurance rates due to a car being very hard to steal, for example.

Comment Re:I don't like corporations, but ... (Score 1) 88

Letâ(TM)s take this further. There are 120,000 hotel rooms in New York City. About 80,000 are built for the high end market. Even though the city has a high hotel occupancy rate there are still about 25,000 empty room on average per night.

Part of the argument against short term rentals is they raise proces and reduce housing. Yet we have 25,000 empty homes because hotels wonâ(TM)t use excess stock. On the other hand, short term rentals might provide interim affordable housing for people as the market adjusts.

Blue sky thinking. Force all hotels to condos or rental units. Create squatter laws so that no can buy a apartment in NYC and not live in it, or rent it for short term use, without the risk of a person without a home occupying it.

Politicians have to protect the legacy interest who pay their kids and grand kids tuition, the vacation with their spouses, their rent in the city. But such protectionism is not going grow the economy.

Comment Re:Standard Policy (Score 1) 100

Amazon does not add a margin or directly charge for better positions in the store. My understanding is that for resellers they take a cut. This is exactly what we did when I worked for a reseller. The cut depending on the level of service we had to provide.

If Amazon is not allowing sellers to charge more, they are preventing them from adding in the cut Amazon takes. Again, this is what we did when I was a reseller. We sold at suggested retail.

This, of course, is exactly the opposite of what the article asserts. Amazon is forcing sellers to price their products at the lowest price on Amazon. That does mean consumers might pay a higher price off Amazon than they would if there was some flexibility.

But this is not a new problem. I think it is common for large manufactures to have different SKUs for essentially the same product so they are always selling eat retailer a product at the lowest price for that particular product.

Comment Not Technology (Score 3, Informative) 22

A SPAC was an experiment in extreme deregulation, both circumventing government rules and those imposed by the exchanges. An existing company that wanted to trade stock could enter the exchange through a back door by reverse merging with an existing, but defunct, stock. There would be little due process or oversight.

I suppose the technology comes in by finding these phantom stock listing. Which would be harder if they were just on paper.

This was used extensively to put Chinese firms on various markets, until about 2012. One example is a Chinese waste company going public using a U.S. glass company as a shell.

This expanded to blank check companies, like that which Truth Social wants to merge, where investors contribute funds that will later be used for some unknown investment. This is where Truth Social got trouble . The SPAC was not anonymous

A famous example involved a $100 million dollar deli in New Jersey, single location. It was used by Chinese investors. A SPAC is reminiscent of the 2000 era .com, where revenue and fundamentals donâ(TM)t matter. It is creating a ambience. Uplifted from OTC to a stock exchange.

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