Out of the Blue

We're bracing for a nor'easter in these parts that the forecasters are predicting will be pretty nasty. This may stretch 1000 miles, all the way from the Carolinas to New England. Some areas are expected to get as much as a couple of feet of snow, and it's possible New York City will get more snow in one day than it received all last winter. High winds are expected in this area, so the power company is warning that this may result in some electrical lines going down, so there's the possibility we'll end up blacked out along the way. But while weather forecasting has become far more accurate over the years, there are still a lot of variables involved, so we'll just have to wait and see how things work out when it hits this afternoon. Hopefully it will all work out well, but I'll try and post a warning if we do end up losing power. If you are in the path, please stay safe.

Stormy Round-up
Thanks Ant and Neutronbeam.

Breakfast Link

Stories

Science

Media

Follow-up

View : : :
20.
 
Re: Out of the Blue
Dec 17, 2020, 11:25
20.
Re: Out of the Blue Dec 17, 2020, 11:25
Dec 17, 2020, 11:25
 
Mr. Tact wrote on Dec 16, 2020, 13:38:
Bumpy wrote on Dec 16, 2020, 13:08:
I had to look up who MacKenzie Scott was -> Bezos' ex-wife.

That's a lot of money given away. Major props to her. She done good, lots of good.
When you get $38b in a divorce settlement giving away $4.2b is nice -- but hardly a sacrifice. She deserves credit for the donation, but let's not saint her yet...

She signed a pledge to give most of her fortune away. That's a pretty good down payment. Look at all the other billionaires who can be pretty stingy, or spend it all on pie in the sky projects (granted, at least the pie in the sky money goes into the economy and stimulates business).

She is also taking a very careful approach. As people in the Civil service and who work in charitable organizations know well, just throwing money at something doesn't always help. There's a lot of charities that have become such bloated bureaucracies, that by the time they finish paying the bills (huge salaries for the executives, offices, supplies, employees, advertising, etc) they actually wind up spending a very small portion of their donations on the actual cause.

Also keep in mind that while she may be WORTH $38 billion, that doesn't mean that's LIQUID money. Most of that will be tied up in Amazon stock and other investments. You can't just dump all that stock overnight - you'd crash markets, and destroy world economies. Also early stock sales would de value later sales. There's also some regulations to prevent just cashing out that much stock. It's all has to be planned carefully. I think her original plan was to donate a couple of billion a year, but she wanted to do something more after this disaster of a year.

I'll give the lady some major credit for what she's doing.

This comment was edited on Dec 17, 2020, 11:44.
- "The same idiots whining about cancel culture are the people who tried to cancel pretty much every video game, book genre, and RPG when I was a kid." - James S. A. Corey
Avatar 22380
Date
Subject
Author
1.
Dec 16, 12:33Dec 16 12:33
2.
Dec 16, 13:08Dec 16 13:08
3.
Dec 16, 13:38Dec 16 13:38
 20.
Dec 17, 11:25Dec 17 11:25
   Re: Out of the Blue
4.
Dec 16, 13:54Dec 16 13:54
15.
Dec 16, 16:53Dec 16 16:53
7.
Dec 16, 15:36Dec 16 15:36
8.
Dec 16, 15:40Dec 16 15:40
10.
Dec 16, 15:54Dec 16 15:54
12.
Dec 16, 16:05Dec 16 16:05
14.
Dec 16, 16:48Dec 16 16:48
5.
Dec 16, 15:10Dec 16 15:10
6.
Dec 16, 15:20Dec 16 15:20
13.
Dec 16, 16:27Dec 16 16:27
16.
Dec 16, 16:56Dec 16 16:56
17.
Dec 16, 17:57Dec 16 17:57
18.
Dec 16, 19:52Dec 16 19:52
19.
Dec 16, 21:22Dec 16 21:22
9.
Dec 16, 15:44Dec 16 15:44
11.
Dec 16, 16:04Dec 16 16:04
21.
Dec 17, 11:35Dec 17 11:35
22.
Dec 17, 12:11Dec 17 12:11
23.
Dec 17, 12:27Dec 17 12:27
24.
Dec 17, 13:02Dec 17 13:02
27.
Dec 17, 15:38Dec 17 15:38
25.
Dec 17, 13:32Dec 17 13:32
28.
Dec 17, 15:40Dec 17 15:40
29.
Dec 17, 17:52Dec 17 17:52
30.
Dec 17, 21:58Dec 17 21:58
31.
Dec 20, 18:55Dec 20 18:55
26.
Dec 17, 13:46Dec 17 13:46