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Response to NoOneMan (Reply #22)

Mon Jan 28, 2013, 10:39 PM

27. Yes, the nation as a whole is still mired in yesterday's energy. 26% of Texas electrical

generation is wind, and that includes nearly 1/4 of the generators shut down waiting on enough transmission lines to be completed to carry their load. These lines will be complete by March, and then we will cross the line on about 35% of our generated electricity. This is the future.

Your debt definition is simply nonsense.

Here: you borrow money to build a house. The house is built, in fact, millions of houses are built. Then, all the debtors simply refuse to pay. Houses are still there, and they will be distributed to somebody at a huge discount after they are repossessed. Banks never follow real ways to maximize their sales, because they are going to simply write it off their taxes anyway.

This is how I bought a small apartment complex years ago. People defaulted on a $500,000 debt. The bank auctioned it - there were two bidders, and I got it for $50,000 cash I had saved. Spent another $10,000 bringing it up to standard. Rents on these 8 units over the last 19 years are more than $1.5 million dollars. Now where did that debt go? Up into accounting smoke. Where did the apartments go? They're right there, earning rent every month. See? The debt was irrelevant. The real property is what matters.

And your action call will not happen because people are not going to consume less energy - instead, generate energy with no emissions - wind and solar. My bill is 70% lower than it used to be because I switched to a company that uses wind instead of coal and nuclear. Emit less, don't generate less.

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Arrow 31 replies Author Time Post
OmahaBlueDog Jan 2013 OP
no_hypocrisy Jan 2013 #1
rightsideout Jan 2013 #8
elleng Jan 2013 #2
OmahaBlueDog Jan 2013 #25
elleng Jan 2013 #26
NoOneMan Jan 2013 #3
mbperrin Jan 2013 #6
NoOneMan Jan 2013 #9
mbperrin Jan 2013 #21
NoOneMan Jan 2013 #22
LineLineLineLineLineLineNew Reply Yes, the nation as a whole is still mired in yesterday's energy. 26% of Texas electrical
mbperrin Jan 2013 #27
NoOneMan Jan 2013 #29
cali196lib99 Jan 2013 #31
OmahaBlueDog Jan 2013 #18
mbperrin Jan 2013 #4
quakerboy Jan 2013 #13
mbperrin Jan 2013 #20
teenagebambam Jan 2013 #5
OmahaBlueDog Jan 2013 #16
Still Sensible Jan 2013 #7
quakerboy Jan 2013 #14
knitter4democracy Jan 2013 #15
quakerboy Jan 2013 #30
Hangingon Jan 2013 #19
TlalocW Jan 2013 #10
TheBlackAdder Jan 2013 #11
peace13 Jan 2013 #12
LWolf Jan 2013 #17
teenagebambam Jan 2013 #23
OmahaBlueDog Jan 2013 #24
Fresh_Start Jan 2013 #28
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