I also find it interesting how chasing that return that @MTGomer is after has effected our country.
SS is treasury based, the rest of our 401Ks, mutual funds, various pensions have huge holdings in equities. I don't think it's hyperbolic to say that if AAPL or GOOG was to have a major crash...
Yeah SS was never intended as global retirement, it’s just morphed into that.
What’s kinda interesting is that a large part of the national debt is essentially SS buying “stock” in the US government in order to get some sort of return. Every month millions of Americans contribute to SS so we...
I think they just don't see humans as prey, they have have "lost their fear of man" but I think the result is being more comfortable in suburbia and ignoring humans rather than fleeing immediately.
African lions kill more people in a year than have been killed by lions in the last 150 years or...
Remember when the state had a deficit and then didn’t pay any state employee for the last month of the fiscal year and then double payed them the first month of the next year… but then could never afford 13 months of salaries in a year so the pattern continued for a decade…
Yeah…
Read about company towns both in the US and England.
Read about Teddy Roosevelt and what the actual bull moose party was about.
Read about the roaring 20s, robber barons, and then FDRs great society.
I do think you get what I mean by guard rails, for instance pollution. History has shown that...
We are just going to have to disagree.
That’s just not how capitalism works, and that mentality is what has lead to the ballooning US gini index.
Fundamentally I believe in the American middleclass and for it to survive capitalism needs guardrails.
This is just incorrect, it actually worked really well for a long time… when it worked as intended, a safety net for children, disabled, and elderly without means.
The problem is that instead of being a tax to fund a social program it’s become a defacto retirement program in part because...
:rolleyes:
Most American's mortgages don't even get them past the SD into itemization...
Due to the moron republicans in CO, yeah I said it, who embraced TABOR, those giant second homes will yield about the same property taxes for local schools and the community as a 400k house does in Michigan.
I mean most companies just don't drill good wells, spend too much on those wells, buy their acreage for too much, etc etc.
I'm skeptical it's a business model rather than a effective of a drill baby drill attitude with poor fundamentals.
That's definitely a very cynical and inaccurate statement by the author.
Here is the real process.
When you start a company you assemble a lease position, some of this comes from knocking on doors and taking new leases, some comes from buying old leases. These leases are HBP, held by...
I know you do... was just taking the folks along for the ride. Also more my point the author doesn't understand, they aren't injecting "into" they are "drilling through the" and the author doesn't understand the difference.
See edited quote.
The injection well is waaaaaay below the water table. When you drill any well you run casing so that you specially don't have your well communicating with ground water.
Exactly, the author of that article doesn't understand the topic, clearly.
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://media.sd.gov/danr/powertech/wmb/McKaskey_Thesis.2013.05.10.pdf
Water wells are typically very shallow, I think the deepest in the US is ~7600ft. The...