Is it hard to manage large sums of money? I ask because it seems odd to me that SVB depositors apparently kept way way more money than can be insured by FDIC in this one bank. Why? I’m glad that the contagion will probably not spread as far as it could have, but I can’t help but think that the thousands of start-ups that used the bank failed in their fiduciary duties to their organizations. And why must all of their deposits be reimbursed rather than a percentage? Not even a trim? Does this situation indicate that perhaps many of these start-ups were not worth saving?
cPlastic is considered bad for the environment but why? Until the ocean dumping saga, which does not have any connection to the US, it was mainly a mantra that plastic fills up our trash storage sites (land fills), but we have plenty of space for landfills and for most of the country that is where our trash goes, and contrary to common belief, nothing decomposes in properly constructed landfills. Like plastics, most everything we dump will stay there forever.
So my question is, since environmental dogma wants to sequester carbon to keep it out of the atmosphere, why isn't plastic waste the ideal way to do that? A pound of polyethylene or polypropylene is 86% carbon. Put it away forever in a big plastic bag, which is what modern landfills are, forever.
Is it hard to manage large sums of money? I ask because it seems odd to me that SVB depositors apparently kept way way more money than can be insured by FDIC in this one bank. Why? I’m glad that the contagion will probably not spread as far as it could have, but I can’t help but think that the thousands of start-ups that used the bank failed in their fiduciary duties to their organizations. And why must all of their deposits be reimbursed rather than a percentage? Not even a trim? Does this situation indicate that perhaps many of these start-ups were not worth saving?
cPlastic is considered bad for the environment but why? Until the ocean dumping saga, which does not have any connection to the US, it was mainly a mantra that plastic fills up our trash storage sites (land fills), but we have plenty of space for landfills and for most of the country that is where our trash goes, and contrary to common belief, nothing decomposes in properly constructed landfills. Like plastics, most everything we dump will stay there forever.
So my question is, since environmental dogma wants to sequester carbon to keep it out of the atmosphere, why isn't plastic waste the ideal way to do that? A pound of polyethylene or polypropylene is 86% carbon. Put it away forever in a big plastic bag, which is what modern landfills are, forever.