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Cake day: August 14th, 2023

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  • There’s been some reporting that Musk’s Super PAC has been paying its workers so well that it’s poached a bunch of the volunteers from the official campaign, and is so poorly run/audited that a lot of the workers are entering false data into the canvassing reports to qualify for bonuses. If that turns out to be true, then it will have been the case that Musk is burning his own money while hurting the Trump campaign.

    I’m not ready to call the race, but stories like this at least reassure me that for Republicans, they’re not sending their best.



  • was in charge of the prison where he died

    Technically the president delegates that to his Attorney General, who in this case was the son of the guy who first hired a totally unqualified Epstein (21 years old, no college degree) to be around high school age kids, where he was known for ogling girls and somehow showing up to student parties where there was underage drinking.

    And some blame lays with the prosecutor back in 2008 when Epstein was first charged for sex trafficking and sexual assault, who decided to let Epstein agree to a secret plea deal for only 13 months in county jail (which is really weird for a federal prosecutor to let happen), who, oh wait, was then rewarded by becoming a cabinet official for Trump.



  • One is something you choose to pay, the other you get shot if you don’t pay.

    Contract claims and property claims are ultimately enforceable by government force, as well. A “no trespassing” or “no loitering” sign, or a “Copyrighted work, all rights reserved” notice is enforceable by men with guns, too.

    If taxation is theft, the same reasoning would extend to property being theft, too.


  • Upfront costs are expensive. But operational and fuel costs are very low, per MWh.

    So take the upfront costs at the beginning and the decommissioning costs at the end, and amortize them over the expected lifespan of the plant, and add that to the per MWh cost. When you do that, the nuclear plants built this century are nowhere near competitive. Vogtle cost $35 billion to add 2 gigawatts of capacity, and obviously any plant isn’t going to run at full capacity all the time. As a result, Georgia’s ratepayers have been eating the cost with a series of price hikes ($700+ million per year in rate increases) as the new Vogtle reactors went online. Plus the plant owners had to absorb some of the costs, as did Westinghouse in bankruptcy. And that’s all with $12 billion in federal taxpayer guarantees.

    NuScale just canceled their SMR project in Idaho because their customers in Utah refused to fund the cost overruns there.

    Maybe Kairos will do better. But the track record of nuclear hasn’t been great.

    And all the while, wind and solar are much, much cheaper, so there’s less buffer for nuclear to find that sweet spot that actually works economically.



  • One of the great sins of nuclear energy programs implemented during the 50s, 60s, and 70s was that it was too cost effective.

    I don’t see how any of this has any bearing on financial feasibility of power plants.

    For what it’s worth, before the late 90’s there was no such thing as market pricing for electricity, as prices were set by tariff, approved by the Federal Energy Regulatory Commission. FERC opened the door to market pricing with its Order 888 (hugely controversial, heavily litigated). And there were growing pains there: California experienced rolling blackouts, Enron was able to hide immense accounting fraud, etc. By the end of the 2000’s decade, pretty much every major generator and distributor in the market managed to offload the risk of price volatility on willing speculators, by negotiating long term power purchase agreements that actually stabilize long term prices regardless of short term fluctuations on the spot markets.

    So now nuclear needs to survive in an environment that actually isn’t functionally all that different from the 1960’s: they need to project costs to see if they can turn a profit on the electricity market, even while paying interest on loans for their immense up front costs, through guaranteed pricing. It’s just that they have to persuade buyers to pay those guaranteed prices, rather than persuading FERC to approve the tariff.

    As a matter of business model, it’s the same result, just through a different path. A nuclear plant can’t get financing without a path to profit, and that path to profit needs to come from long term commitments.

    It can take over a decade to break even on operation, assuming you’re operating at market rates.

    Shit, it can take over a decade to start operations, and several decades after that to break even. Vogtle reactors 3 and 4 in Georgia took something like 20 years between planning and actual operational status.

    Now maybe small modular reactors will be faster and cheaper to build. But in this particular case, this is cutting edge technology that will probably have some hurdles to clear, both anticipated and unanticipated. Molten fluoride salt cooling and pebble bed design are exciting because of the novelty, but that swings both ways.


  • I still think it’s too expensive, and this contract doesn’t change my position. Google is committing to buying power from reactors, at certain prices, as those reactors are built.

    Great, having a customer lined up makes it a lot easier to secure financing for a project. This is basically where NuScale failed last year in Idaho, being unable to line up customers who could agree to pay a sufficiently high price to be worth the development risk (even with government subsidies from the Department of Energy).

    But now Google has committed and said “if you get it working, we’ll buy power from you.” That isn’t itself a strong endorsement that the project itself will be successful, or come in under budget. The risk/uncertainty is still there.


  • Bottom line: There’s no data right now that suggests a significant shift in the electoral college advantage for 2024.

    There’s a ton of uncertainty in the data now.

    2016 and 2020 polls missed Trump popularity, and about 2/3 of pollsters have decided to use recall vote weighting (that is, making sure that their sample is representative of the vote ratios in the actual 2020 results). Historically, that method has overstated the previous losing party’s support (people are more likely to remember voting for the winner, so reweighing the results the other way ends up favoring the loser), but 2 presidential elections in a row have caused some pollsters to try to make up for past mistakes. Then again, does Trump himself being on the ballot change things?

    Throw in the significant migration patterns of the pandemic era where many voters might not be voting in the same state that they were in 2020, and increasing difficulty at actually getting statistically representative poll respondents through spam filters, and there are real concerns about poll quality this year, perhaps more than previous years. Plus ballot access being uneven also might translate to actual voting biases that aren’t captured in the polling methods, either.

    I just wouldn’t trust the polls to be accurate. Volunteer and vote.


  • I agree with your general view that it’s not actually time to relax.

    But I will point out that you can’t just assume the electoral college advantage stays the same from election to election.

    Biden won with 4.5% more of the national vote. Harris currently is polling at about half that. In the EC, Biden won by only 78,000 votes despite his large +4.5% popular vote lead.

    In 2020, Biden won by 4.5% in the popular vote, but he won the tipping point state of Wisconsin by 0.6%. In other words, the electoral college was worth roughly a R+3.8% advantage in 2020 (yes, 4.5% minus 0.6% is 3.9% but when you use unrounded numbers it’s closer to 3.8%).

    Is 2024 going to be the same? Probably not. The New York Times ran an article about this last month, and the tipping point state in the polling was Wisconsin, where Harris was polling at +1.8%, only 0.7% lower than the national average at the time of 2.6%. The article noted that national polling has Trump shrinking Harris’s lead in non-competitive blue states like California and New York, or expanding his lead in places like the deep south, while not gaining in actual swing states compared to 2020.

    Note, however, that as of today, Harris’s lead in Wisconsin has shrunk to just under 1%, so we are seeing a shift towards Trump in the actual electoral college.

    Right now, Harris is showing a lead in the national polling averages, by aggregator:

    • 538: Harris up by 2.4%
    • NYT: Harris up by 3%
    • 270towin: Harris up 2.5%
    • Nate Silver: Harris up 2.9%

    It’s a close race, according to the polls. But whether the polls are actually accurate remains a huge unknown. So everyone should vote, and those with the means should volunteer.



  • I know you’re making a joke, but it’s not funny specifically because of what a piece of shit his dad actually was.

    In Jonny Kim’s senior year in high school, his dad died in a shootout with the police after the pistol whipping his mom and repeatedly threatening to kill her (in front of their high school age son). This dude joined the Navy a few months later, in large part to get away from an traumatic home life.


  • I do volunteer office work for a non-profit childcare center, and have looked at their budget and their books. It’s basically impossible to efficiently do at the scale of a single center in a high cost of living city.

    If you’re paying teachers an average of $30/hour and maintaining a ratio of 4 kids to 1 teacher at all times, and covering 50 hours per week of operational time (for example, operational hours between 8am and 6pm 5 days per week), and you actually have enough staff to not pay overtime, that’s $1500/week in wages per teacher, or $375/week per student. Throw in taxes, healthcare, paid vacation, and staffing in redundancy so that you can handle illness and the unexpected, and each kid might be at $400-450/week in labor costs of the direct work of watching and teaching the kids.

    But in reality, childcare is in crisis now because a qualified worker could probably get a higher paying nanny job for 1 or 2 kids at a time, so there’s a severe shortage of workers even at that $30/hour average wage. And so there needs to be overtime, and that creeps up to $450-500/week for workers.

    And then you have the ongoing overhead: rent, utilities, furniture/equipment, toys, books, other supplies, etc. Most centers provide food, and have to contract out for that, too.

    And then there’s the cost of management. Someone needs to run the place, there might need to be something like a receptionist, and these centers often have to contract out their bookkeeping, electronic records, or even basics like running a website. Most have extra features like electronic reports and maybe even pictures/video for parents, and that costs money, too.

    So even on the non-profit side, without a profit motive or distributions to shareholders, the industry as a whole has a mismatch between the prices parents are able to pay versus the bare minimum acceptable cost of providing that service. (In fact, the nonprofit I’m thinking of has donations coming in to cover things like tuition assistance for parents who need it, or a lot of the supplies, and volunteers like me who can provide specialized labor for no cost to the center.)

    Childcare should be subsidized by the government, and there’s basically no way this industry can continue to exist based purely on revenues from parents alone. Otherwise the industry will enter a death spiral and the number of people simply unable to afford kids will grow out of control.



  • They’ve got a good, but not perfect, track record of actually uncovering illegal conduct by their targets.

    • They exposed Nikola’s fraud (including exposing the video they published pretending that their prototype rolling downhill was moving under its own electric power) and their findings led to the Nikola founder’s indictment about a year later.
    • They alleged fraudulent disclosures and financial statements by Nigerian conglomerate Tingo Group, and the government ended up indicting the founder for securities fraud.
    • They showed that Lordstown Motors was drumming up fake demand by literally paying potential customers to sign letters of intent to join the waitlist for their not-yet-created electric truck. The SEC ended up charging them with misleading investors, and brought action against their auditor who had conflicts of interest.
    • They exposed the obvious fraud of EbixCash, a gift card network, and tanked its IPO, by showing that they were lying to investors about the existence of their partners (using photoshopped buildings and fake addresses and phone numbers), lying about app downloads, and almost all of the revenue was from their own sister companies. This exposure brought down its parent company, which ended up in Chapter 11.

    They’ve had less success accusing two huge well-connected investors of fraud:

    • They published a report that billionaire Carl Icahn was manipulating the share prices of his fund by using a sophisticated ponzi scheme structure that paid old investors using new investors’ cash. The SEC ended up investigating and settling for a disclosure violation about failing to disclose their pledge of more than half the stock as collateral, but didn’t actually find facts confirming the meat of the Hindenburg accusation.
    • They’ve gone after India’s Adani Group for accounting fraud and stock manipulation, but that hasn’t led to anything actually uncovered. India’s security regulator has concluded their investigation without findings of wrongdoing, but Hindenburg has doubled down and says the regulator is compromised by corruption. Adani’s founder is close to India’s Prime Minister.
    • They alleged that Block/Square was aware of, but doing nothing to stop, widespread fraud in its Cash App and debit card transactions. That wasn’t enough to actually move the stock price, because it was kinda a weak accusation, they didn’t really show that Cash App was any different from any other similar fintech product, and Block is a much bigger company that has lots of other business units.

    The problem is that most of us on the outside looking in just see accusations, some of which are proven years later, and some of which never get proven, so we don’t have a good sense of which ones are real or not, whether anything is overstated, or whether it actually makes a difference to the underlying company.


  • Enshittification isn’t always driven by a conscious person or organization with an agenda, much less one with an agenda of short term financial gain. Sometimes the aggregation of a bunch of individual decisions causes something to get shittier. Or better. Or just different. 4chan is not at all like it was 20 years ago, but it wasn’t because of corporate influence. The culture just changes.

    So if the question is whether the fediverse might someday suck, I think the answer is probably yes. It remains to be seen how it will suck, who will have caused it to be that way, and whether there will be other nice things about it.



  • Unions are legal in all occupations.

    One caveat: the legal protections of the right to unionize apply to non-supervisors. If you have people who report to you, your power to unionize is pretty limited.

    There are also some specialized jobs that aren’t allowed to unionize by either federal or state law: actual soldiers in the Army, certain political jobs, etc.

    But for the most part, if you are employed, you’re probably allowed to unionize (and protected against retaliation even in an unsuccessful union drive).