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Comment Re:Crappy IT security has consequences (Score 1) 76

What's this Ohio thing you're referring to?

FirstEnergy stole >$500 million by applying a surcharge to rate payers for smart meters, dumped the money into a general fund and spent it on other stuff, including some bribes of Ohio politicians, and colluded with the PUC to alter audit records to cover it all up. The former Ohio house speaker is in prison over it right now. Another politician died before trial; supposedly a suicide...

And no, we're not talking about different hardware. The same rampant corruption is endemic throughout the entire industry for all such procurement. The contractors, utilities, PUCs and politicians are all feeding at this trough.

Comment Re:Crappy IT security has consequences (Score 1) 76

I can tell you that's wrong.

You can provide an anecdote of your personal experience in one case. I, however, can tell you about the half billion dollar scam of FirstEnergy (Ohio), or what's gone on in Oregon, California, Michigan and others. The cases PUC scams around "smart grid" equipment are legion. Some of them are exposed. Many are entirely suppressed when the more competent criminals ensure the auditors are (willingly) prevented from noticing.

Comment Re:Crappy IT security has consequences (Score 3, Insightful) 76

they are incompetent

You are exhibiting insufficient cynicism. The people responsible are highly competent.

Their competence is discreetly handling the acquisition of COTS hardware at DOD prices from politically connected contractors. The contractors pocket the massive margins and fund the designated campaigns. These are the real priorities. Not whatever silly security concerns plebs like you have.

Any given tech nerd could do better at a fraction of the cost. But that wouldn't fund the mcmansions and range rovers and boats.

Comment Re: Took 7 years but... (Score 0) 176

including what is the largest PCB factory in the world, and what will likely be the largest solar panel factory in the world

Don't forget the Terafab in Grimes TX.

Looking at the decision, it really makes a lot of sense. The coast of Louisiana has been a nexus of transport in the US since before it became the US. Obviously, there is the Gulf of America (hehe) plus the Mississippi river. That led to a convergence of several interstate roads. Plus, there is ample barely drained low value land with sparse population, and no risk that it will see a bunch of sub/exburbs sprout up in the foreseeable future. The state government, similar to the other gulf states, isn't bat-shit crazy commie adjacent, so that's another plus.

If they can get it built before POTUS is (D) again, they can pencil whip all the federal endangered species pressure group bullshit.

Hurricanes are a thing though. Obviously that will interfere with operations from time to time.

Comment Re:Not a pop yet (Score 1) 64

Thus, the fact that suddenly we have an instance of "the system" calling out and deprotecting a bubble-protected actor

You're on the right track with this. Except one thing; they didn't pull his bubble card. His fund was rapidly recapitalized before the headline even appeared. There is a lot at stake, the music is still playing, and they can't afford to have reality asserting itself on behalf of this chucklehead. His sandbox is a good deal smaller now, but they're letting him stay in the yard.

Comment Re:What is the actual last step? (Score 1) 96

There's no such thing as a panel for SCOTUS

Correct. I used the term "pattern." SCOTUS has a number of mechanisms for temporary rulings, often made by a single justice, or by the full court. That is not officially a "panel," but it has the same outcome, and so fits the pattern. Stays, injunctions pending appeal, emergency/summary court orders, etc. SCOTUS has done this many times and whether any given matter ever subsequently appears before the full court is not a given.

So while not termed a "panel," this is a distinction without a difference.

Comment Re:Is the bubble starting to burst? (Score 2) 64

Demand for hardware isn't going away

I think that's likely wrong given a serious financial collapse: much of the hardware in play here is booked sales a year or more out. If the bottom falls out, those orders will get cancelled. Further on (speculation upon speculation...,) recovery would be more circumspect, and the demand for hardware less absurd.

Comment Re:Not a pop yet (Score 4, Insightful) 64

Bubble pops don't happen all at once. They progress, first from the weak sisters to the big, name brand to-big-to-fail "omg my pension!" deals. Media exaggeration about historical finance collapses create the misperception that it happens very rapidly, with no warning. That's never the case; there are always precursors.

I don't know if this "Situational Awareness" is such a case, and you don't either. But this is exactly how the start of a larger collapse looks: a nasty little headline about some sketchy outfit no one has heard of, goes unnoticed outside finance or other narrow media sources. Then more, a couple months later. Then something happens that rocks the world.

Comment Re:What is the actual last step? (Score 1) 96

You're either repeating what I said or getting into esoterica that isn't relevant: this isn't even on SCOTUS radar yet, and it if ever gets there, SCOTUS won't be entertaining any of the possibilities you mention: no political force in the US is going to intervene with SCOTUS on behalf of "Xinuos" et al. in our lifetimes. That's fantasy that exists exclusively in only the more demented minds of IP rent seekers.

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