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" ... And what to do about states that allow their utilities to satisfy renewable energy standards by buying juice from windmill farms out of state? The EPA doesn't want to double-count "carbon free" electrons (ignoring, for now, the fact that wind turbines require tons of concrete in their footings, and concrete is one of the most CO2-intensive products on the planet.) So states will likely have to operate two sets of books, one to keep track of how utilities are doing for state-based renewable energy standards and another tracking how many clean electrons they generated within their borders. ... "
" ... Further evidence of the impracticality of this project is there seems to be no consideration of the massive flooding that occurs in the (Rio Grande) valley. It doesn’t rain often, but when it does come…….we often have bursts of 5 to 10 inches or more…..and the river gets high and fierce and escapes its banks. Unless the geniuses in Washington plan on digging concrete footings five, eight feet into the ground next to the riverbank, these fences will get washed away with the first big flood. The river also rages on the occasions water is released from (lake) Amistad. Add billions to whatever repair bill the senators had in mind. ... "
" ... This is but one example of where DiBartolo’s methods are different from the typical corporate (“male”) style. After she’d cleaned up that Smith Barney branch, she moved on to Citibank where she took on the job of running one of Citibank’s largest bank branches in New York, which had $886 million in footings (a bank’s balance sheet). At the time it was netting $18 million in annual gross revenues, which DiBartolo increased by 37 percent nearly 18 months later. She adopted the same learning style there with her new colleagues. DiBartolo knew that the only way she could successfully manage and get “buy in” from her team was to know each and every position in the bank. In one particularly amusing incident, she was learning the teller position while being supervised by a seasoned teller. Just after she took the cash and handed her tenth customer the receipt, her teller supervisor said, “Next time, Cynthia, count the money.” Rule Number One for the ex-compliance director: count the money. ... "
" ... What about the fall in the unemployment rate to 3.6%? Isn’t that the quintessential sign of great economy? The “other” employment report, the Household Survey (HS) done concurrently with the ES, produces the unemployment rate. That HS showed a decline of -103k jobs in April, the fourth month in a row that the two surveys have been at 180-degree odds. The fall in the unemployment rate from 3.8% to 3.6% was heralded by Wall Street as further proof that the economy remains on “solid” footings. The media failed to mention that the only reason the unemployment rate fell was because the labor force shrank by -490k (which followed a -224k drop in March and a -770k drop since last December). If not for the drop in the labor force, the unemployment rate would be somewhere north of 4%. When the labor force itself falls (rises), that generally means that job seekers have been discouraged (encouraged) by labor market conditions. ... "
" ... “Replacing a deck means replacing the structure, because there are multiple concrete footings that need to be formed in the ground to hold the framing,” Wilson explains “On top of all that is what people usually care about the most—the decking, the railings, and the stairs. The more popular composite decking and railing materials can be three times the cost of traditional wood, but they will last much longer, with little maintenance.” ... "