Q3 earnings call

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10-10-2025 | 09:43 AM

#51

velosnow

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Quote:

Originally Posted by GogglesPisano

I don't see how infrastructure, defense ... are "subsidies." You get something in return for your money. Subsidies prop-up otherwise unprofitable sectors. In the case of farming/green industries, it's rent-seeking.

I'm not expert on subsidies, but in a broad sense it includes stabilizing markets, housing, food supply, etc. You get returns on those, some tangible others perhaps more intangible. Kind of like US soft power that we are giving up.

Again, I'd certainly consider a reasoned approach to reductions but you can't in one sentence say 'get of them all' but then only pick the ones you favor.

10-10-2025 | 09:45 AM

#52

velosnow

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Quote:

Originally Posted by CBreezy

There is absolutely no reason we shouldn't have high speed rail between our largest metro areas. It's a no brainer

Absolutely. Along with much better bike, bus & pedestrian infrastructure.

10-10-2025 | 09:47 AM

#53

FangsF15

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Quote:

Originally Posted by CBreezy

There is absolutely no reason we shouldn't have high speed rail between our largest metro areas. It's a no brainer

$15 Billion so far in California, with nothing to show for it. Total estimate of $130B, as of now. I'd about guarantee it will skyrocket from there.

What will it take to get ROI for that investment, even if it gets finished? I don't have an answer, but it's a fair question to ask, and I'm highly skeptical it is worth it.

10-10-2025 | 09:48 AM

#54

FangsF15

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Quote:

Originally Posted by Meme In Command

You do know part of the "China is advancing in infrastructure and tech" part is also investing in renewable energy right? Idk man, energy independence sounds pretty important to me in the nationals security list.

Quote:

Originally Posted by OOfff

things i like are smart investment in national security. things i don’t like are pork legislation meant to buy votes.

is eviscerating our farming capacity and concentrating what’s left in the hands of agribusiness conglomerates a good national security move? one could argue that it leaves you dependent on food imports

I'm in agreement with you there. It's a complicated subject, and has broader implications than first glance would suggest.

10-10-2025 | 09:55 AM

#55

OOfff

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Quote:

Originally Posted by FangsF15

since you’re always all about the actual facts, you probably know that there’s a lot of on the ground work done. saying “with nothing to show for it” is quite incorrect.

10-10-2025 | 10:02 AM

#56

demon llama

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Quote:

Originally Posted by FangsF15

Agree. I'm an "all of the above" guy. Drill baby drill, but also do things smart/green where it makes sense. There is absolutely a place for electric cars. I will say I'm not a fan of wind farms, they take a looooong time to return on investment or CO2. And are ugly and noisy as heck.

I'm in agreement with you there. It's a complicated subject, and has broader implications than first glance would suggest.

I guess if you live right under a windmill they’re loud. I lived in northwest Oklahoma for a long time and the only way they affected me were on my low levels.

10-10-2025 | 10:06 AM

#57

velosnow

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Quote:

Originally Posted by FangsF15

I will say I'm not a fan of wind farms, they take a looooong time to return on investment or CO2. And are ugly and noisy as heck.

This bit here is incorrect. They pay for themselves in terms of energy cost to build within months and return positive ROI for investment dollars. Not huge, but consistent. The last part is of course subjective. Have you ever lived near a coal plant or coal mining? I did, grew up next door to it all. Not fun.

10-10-2025 | 10:24 AM

#58

beernutt

Really got furloughed

Joined: Aug 2015

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From: Gramercy Riffs

https://www.youtube.com/watch?v=EbcVF4qrTXU

10-10-2025 | 10:48 AM

#59

LumberJack

Coverage Award...

Joined: Nov 2016

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I've stood under a massive windmill as it spun, was a decently loud whoosh. Moved about 20 yeards away and it sounded about the same as the wind.

10-10-2025 | 10:54 AM

#60

FangsF15

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Quote:

Originally Posted by OOfff

since you’re always all about the actual facts, you probably know that there’s a lot of on the ground work done. saying “with nothing to show for it” is quite incorrect.

Has a single train moved? Or even a single piece of rail? Are they even close?