Screwball Posted October 9 Posted October 9 There is no reason to believe anything these Fed ****wads say. Quote
Screwball Posted October 9 Posted October 9 I have been tracking my home electrical bill stuff for several years. Even to the point of reading my meter everyday for a year - just to check. I buy power from the best available for usually 12 months at a time. Saves a little money, although not much as I have a small and efficient home. The actual electric I use is usually a little less than 40% of my bill. The other 60% is transmission, distribution, and customer charge (always 10 bucks). I ran across this article with tells you more than you will ever need to know about how this stuff works. Very long but very impressive and informative. What’s Happening to Wholesale Electricity Prices? 1 Quote
gehringer_2 Posted October 9 Posted October 9 1 hour ago, Screwball said: I have been tracking my home electrical bill stuff for several years. Even to the point of reading my meter everyday for a year - just to check. I buy power from the best available for usually 12 months at a time. Saves a little money, although not much as I have a small and efficient home. The actual electric I use is usually a little less than 40% of my bill. The other 60% is transmission, distribution, and customer charge (always 10 bucks). I ran across this article with tells you more than you will ever need to know about how this stuff works. Very long but very impressive and informative. What’s Happening to Wholesale Electricity Prices? interesting stuff. On the transmission congestion topic, I guess it stands to reason in any transition from one set of generating sources (steam/coal plants) to anything and everything else, all those transmission lines built to service those big coal plants that are being shut down are now in the wrong place - and building new transmission capacity in a more litigious/NIMBY society is a lot harder than it ever was. I'd love to put in solar, but not enough to cut down the trees around my house. The biggest one that shades most of the roof is not much longer for this world though. When it has to come down we'll do a little 'sun on the roof' audit. Quote
Screwball Posted October 9 Posted October 9 All these data centers, if built, will be a problem for the grid and infrastructure as well. That article is well done and very informative. It looks like future electrical costs will continue to go up. Since Jan of 22 my transmission charges are up 21% and distribution charges are up almost 29%. Quote
Screwball Posted October 9 Posted October 9 Speaking of data centers... Data center in Dundee takes a step back but developers plan to educate public - TV 13 out of Toledo Quote
gehringer_2 Posted October 9 Posted October 9 Intel announces volume production of 'PantherLake' (18A) to begin before year end. INTC sitting at about $37 right now. I'm guessing some shorts got burned. Quote
gehringer_2 Posted October 9 Posted October 9 4 hours ago, Screwball said: Speaking of data centers... Data center in Dundee takes a step back but developers plan to educate public - TV 13 out of Toledo Pretty bad when it's the business entity telling the local gov that not enough public communication was done. But the other possibility is that Cloverleaf is just being euphemistic about a realization that more of these things went to the drawing board than will actually need to get built. Quote
Screwball Posted October 10 Posted October 10 5 hours ago, gehringer_2 said: Pretty bad when it's the business entity telling the local gov that not enough public communication was done. But the other possibility is that Cloverleaf is just being euphemistic about a realization that more of these things went to the drawing board than will actually need to get built. I haven't looked into in recently, but at one time, at least 5 years ago maybe, they were suppose to build a chip plant down around New Albany, Ohio. Doesn't sound like much is happening there either. Another that needs a bunch of electric and water. Columbus isn't that far away, and they need water too. I don't know where they think/though they will get it. But I haven't followed it that close. Quote
CMRivdogs Posted October 10 Posted October 10 I’ve been following the discussions about one on the other end of the state from us. Botetourt County,Va. Still a fairly rural area but experiencing growth from next door Roanoke. Some interesting dynamics, still a lot of folks want to see the county remain rural like the 60s and 70s opposing anything that encroaches on older farms and orchards. I think the site in question is located fairly close to Roanoke City’s reservoir which takes water from a nearby river and a major creek. The Valley needs something to offset the loss of any major industry. Especially since Norfolk Western left over 50 years ago Quote
Screwball Posted October 10 Posted October 10 I can't imagine all the horse**** you would have to do to make one of these place go live. Not only the red tape, but the design, infrastructure planning, construction, to start up. Has to take years. Quote
Deleterious Posted October 10 Posted October 10 Not sure I have heard of that company. I just found it interesting they are listing AI as the reason for the layoffs. Major Grand Rapids company laying off 400 people due to AI, 200 in West Michigan Quote
Deleterious Posted October 12 Posted October 12 Not really investing related. But since most of the datacenter talk is here. Los Alamos and University of Michigan want to build a national security ‘data center’ in Ypsilanti. Residents and local officials see few benefits Quote
Screwball Posted October 12 Posted October 12 46 minutes ago, Deleterious said: Not really investing related. But since most of the datacenter talk is here. Los Alamos and University of Michigan want to build a national security ‘data center’ in Ypsilanti. Residents and local officials see few benefits Interesting. A couple of things stuck out to me in that article... Quote The Huron River winds through parks and wooded areas in eastern Ypsilanti Township where thousands of residents fish, canoe and swim. Now the University of Michigan and Los Alamos National Laboratory want to add a 300,000-square-foot taxpayer-subsidized data center with a 20-acre electric substation to the landscape. Bold mine. I don't live in Michigan, but **** that. Let them pay for their own profit motive, not my taxes. Quote As data centers’ financial and environmental tolls have become clearer, there has been growing public concern about their impact and costs on nearby communities. In many communities, the centers, which require massive electricity and water consumption, have increased residential utility bills. No ****, Sherlock. Quote The U-M center would use about 200,000 gallons of water daily, local utility officials said, while state documents show it would consume about 100 MW of power–as much as the rest of the township, by some estimates. Quote Township officials said the university has been deceptive about its plans since they were first made public in 2024, and accused U-M of ramming through the project over the local government’s and residents’ objections. They say the situation is especially galling because the university does not pay taxes and has refused to help cover infrastructure costs local taxpayers must foot related to public safety, roads and utilities, Ypsilanti Township Attorney Doug Winters told Inside Climate News. NO, tell us it ain't so! Quote The university also told officials the center would create 200 high paying jobs. Stumbo said the township later learned only 30 would be local. Houdini would be proud. What a cluster ****. 2 Quote
Hongbit Posted October 13 Posted October 13 (edited) 11 minutes ago, Deleterious said: I'm such a loser for not having an AI deal. I know a guy that was an early staff level engineer at Broadcom. He hasn’t worked in 25 years and just keeps getting richer. Edited October 13 by Hongbit Quote
gehringer_2 Posted October 13 Posted October 13 (edited) 8 minutes ago, Hongbit said: I know a guy that was an early staff level engineer at Broadcom. He hasn’t worked in 25 years and just keeps getting richer. That's the dirty little secret about capitalism - the more money you have, the easier it is to make more. You actually have to be aggressively foolish to lose a fortune under any conditions less than an general economic collapse like 1929. That's why long term successful capitalist societies must have a lot of progressive taxation and spending on public goods and social capital (health and education etc) - otherwise the trend into oligarchy/banana republicism is a built in inevitability. Edited October 13 by gehringer_2 2 1 Quote
1984Echoes Posted October 13 Posted October 13 1 hour ago, gehringer_2 said: That's the dirty little secret about capitalism - the more money you have, the easier it is to make more. You actually have to be aggressively foolish to lose a fortune under any conditions less than an general economic collapse like 1929. That's why long term successful capitalist societies must have a lot of progressive taxation and spending on public goods and social capital (health and education etc) - otherwise the trend into oligarchy/banana republicism is a built in inevitability. We almost already did. Until Teddy Roosevelt became president. 1 Quote
gehringer_2 Posted October 13 Posted October 13 27 minutes ago, 1984Echoes said: We almost already did. Until Teddy Roosevelt became president. right Quote
Screwball Posted October 13 Posted October 13 2 hours ago, gehringer_2 said: That's the dirty little secret about capitalism - the more money you have, the easier it is to make more. You actually have to be aggressively foolish to lose a fortune under any conditions less than an general economic collapse like 1929. That's why long term successful capitalist societies must have a lot of progressive taxation and spending on public goods and social capital (health and education etc) - otherwise the trend into oligarchy/banana republicism is a built in inevitability. I would argue a capitalist system doesn't bail out swine ****ing bankers to the tune of trillions (or anyone else for that matter). But that's what the whores in DC get paid to do. The financial blowup of 2008/2009 was one of the greatest wealth transfers to the .01% in history. Quote Capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich. - James Grant 1 Quote
gehringer_2 Posted October 13 Posted October 13 28 minutes ago, Screwball said: I would argue a capitalist system doesn't bail out swine ****ing bankers to the tune of trillions (or anyone else for that matter). But that's what the whores in DC get paid to do. The financial blowup of 2008/2009 was one of the greatest wealth transfers to the .01% in history. Yup. "Privatization of profit, socialization of losses" should have become a much more powerful political driver than it ever has. I guess the public is too dumb, too asleep, too parked in front of their favorite Netflix, too busy worrying about who competing in the women's shot put? IDK. Quote
Screwball Posted October 14 Posted October 14 The public can't do jack **** about it (or because) the political dip****s are nothing but paid off whores who spend all their time fundraising and lying to the masses of sheep who still believe in their **** and get away with it instead of stringing them up by their nuts. (I'll probably have the goons banging on my door tomorrow for that) I can't wait for the next chapter of how we bail out the bankers when this massive cluster **** of a bubble blows up. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.