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CSX CEO says it will buy no more cars or locomotives for dying coal transport Locked

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Posted by schlimm on Tuesday, August 15, 2017 8:38 AM

Perhaps they were busy over the weekend? 

Sen. Hatch, a real conservative, said it best.  

"We should call evil by its name. My brother didn't give his life fighting Hitler for Nazi ideas to go unchallenged here at home."

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Posted by CSSHEGEWISCH on Tuesday, August 15, 2017 7:20 AM

Norm48327
 
Miningman

Norm simply stated an opinion...then everyone ridiculed him and crowned him with a tin foil hat...well I and many others happen to agree with his position.

 

Miningman,

I'm used to it. My skin is Teflon.

 
And the Teflon Don (John Gotti) still died in a Federal prison. 
The daily commute is part of everyday life but I get two rides a day out of it. Paul
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Posted by Norm48327 on Tuesday, August 15, 2017 4:56 AM

Miningman

Norm simply stated an opinion...then everyone ridiculed him and crowned him with a tin foil hat...well I and many others happen to agree with his position.

Miningman,

I'm used to it. My skin is Teflon.

Norm


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Posted by Miningman on Tuesday, August 15, 2017 12:29 AM

Well it's nice to be nice.

By the way,,,what is a good cartoon on TV these days? Have not got a clue what they have these days for kids. 

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Posted by zugmann on Tuesday, August 15, 2017 12:14 AM

Miningman

Norm simply stated an opinion...then everyone ridiculed him and crowned him with a tin foil hat...well I and many others happen to agree with his position. 

 

That's nice. 

It's been fun.  But it isn't much fun anymore.   Signing off for now. 


  

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Posted by Miningman on Tuesday, August 15, 2017 12:13 AM

Norm simply stated an opinion...then everyone ridiculed him and crowned him with a tin foil hat...well I and many others happen to agree with his position. 

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Posted by Miningman on Tuesday, August 15, 2017 12:06 AM

 

 

Krauthammer Blasts U.N.: Trump Should Turn Manhattan HQ 'Into Condos'

Looks this up on google or safari. 

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Posted by jcburns on Monday, August 14, 2017 11:56 PM

Hey Miningman. "Criticizing" or "pointing out the flaws in his argument" or saying "that just doesn't make sense" is not "piling on."

Hey Norm. Don't stop listening. I'm still rooting for you to learn something and move (even just a weentsy bit) toward an attitude that is less "USA + capitalism = coal" and more "we're in this together. We want a world of healthy humans. Heck, we just want a world we can pass on to succeeding generations."

A humane attitude, in other words. You can do it.

 

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Posted by zugmann on Monday, August 14, 2017 11:41 PM

Good lord the crazies are out in force tonight.

It's been fun.  But it isn't much fun anymore.   Signing off for now. 


  

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Posted by Miningman on Monday, August 14, 2017 11:19 PM

Everyone piling on Norm. Don't listen to them Norm. 

Your President should give the UN six months notice to vacate the building because the USA is withdrawing its membership. It's nothing more than a band of anti-Semitic dictators and despots living a hypocritical hedonistic lifestyle in NYC while their people can eat cake.

They can set up shop in Belgium or some thing like that. 

I believe that they are down to 2 agencies that actually do any good for mankind and they do not need the UN to continue on. 

Then turn it into Trump condos. 

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Posted by Euclid on Monday, August 14, 2017 10:56 PM

 

The U.N. becoming world government; that’s a conspiracy theory alright.  It almost ranks up there with EHH being hired for a secret inside plot to plunder the wealth of CSX.  Now there is a real tin foil hat conspiracy theory if I have ever heard one!

 

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Posted by SD70M-2Dude on Monday, August 14, 2017 10:29 PM

tree68

If you want to see paranoid, I'll send you a link to a guy in NH who's convinced that government is corrupt (well, he might have a point there...) and that "they" are out to get him.  Never mind he's had legal problems in a number of venues...

Is he anything like this guy:

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

Greetings from Alberta

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Posted by tree68 on Monday, August 14, 2017 8:49 PM

If you want to see paranoid, I'll send you a link to a guy in NH who's convinced that government is corrupt (well, he might have a point there...) and that "they" are out to get him.  Never mind he's had legal problems in a number of venues...

LarryWhistling
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There's one thing about humility - the moment you think you've got it, you've lost it...

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Posted by Deggesty on Monday, August 14, 2017 8:49 PM

SD70M-2Dude

 

 
zugmann
Paul of Covington

   I'm just glad I'm not paranoid.   Anyway, I don't think I am.

We checked.  You aren't.

 

 

Well, you're not paranoid if they're really trying to get you.

 

Laugh

Johnny

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Posted by SD70M-2Dude on Monday, August 14, 2017 8:11 PM

zugmann
Paul of Covington

   I'm just glad I'm not paranoid.   Anyway, I don't think I am.

We checked.  You aren't.

Well, you're not paranoid if they're really trying to get you.

Greetings from Alberta

-an Articulate Malcontent

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Posted by zugmann on Monday, August 14, 2017 2:53 PM

Paul of Covington

   I'm just glad I'm not paranoid.   Anyway, I don't think I am.

 

We checked.  You aren't.

It's been fun.  But it isn't much fun anymore.   Signing off for now. 


  

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Posted by schlimm on Monday, August 14, 2017 2:51 PM

Murphy Siding

I think futures prices in the aluminum foil market just went up.

 

Image result for tin foil hat emoji

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Posted by Paul of Covington on Monday, August 14, 2017 10:24 AM

   I'm just glad I'm not paranoid.   Anyway, I don't think I am.

_____________ 

  "A stranger's just a friend you ain't met yet." --- Dave Gardner

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Posted by SD70M-2Dude on Monday, August 14, 2017 2:30 AM

Wow.  Someone's been watching too much Alex Jones...

Greetings from Alberta

-an Articulate Malcontent

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Posted by MidlandMike on Sunday, August 13, 2017 8:36 PM

Some people want to single out the environmental movement as the cause of coal's low ebb, however, that gives the environmental groups too much credit.  The real reason is actually the other big bain of environmentalist-- fracking.  If power companies had no other choice besides coal, they would be fighting and winning that battle.  With cheap gas they have an alternative source that's easier to work with.

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Posted by zugmann on Sunday, August 13, 2017 5:32 PM

selector

......good lord........

 

I don't think even he can help some people in this thread.

It's been fun.  But it isn't much fun anymore.   Signing off for now. 


  

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Posted by Murphy Siding on Sunday, August 13, 2017 5:28 PM

I think futures prices in the aluminum foil market just went up.

Thanks to Chris / CopCarSS for my avatar.

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Posted by selector on Sunday, August 13, 2017 3:32 PM

......good lord........

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Posted by Norm48327 on Sunday, August 13, 2017 2:18 PM

VOLKER LANDWEHR
You are right, they look ahead.

Volker,

If I should be so audacious as to suggest they not only look ahead but take a look at history. Those who deny history are condemned to make the same mistakes.

Sure, we should look to the future and plan for it but in a reasonable manner and not by the BS fed to us by the doomsayers. The UN has a plan for global governance and those who fall for their propaganda are being sucked in to their lies.

Norm


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Posted by Euclid on Sunday, August 13, 2017 11:59 AM

VOLKER LANDWEHR
 
RME
In my humble opinion, I think the situation is quite different. Any utility or component supplier concerned with coal combustion looks well ahead of pending legislation to determine how to allocate capital.

 

You are right, they look ahead. On the other hand they'll stay with what they have until forces by regulation to do something. They might plan for the upcoming interim steps and the final goal but they haven't changed yet.

The demise of coal until today has nothing to do with the Clean Power Plan in my opinion. Forthcoming losses may well be caused by CPP if it ever gets implemented.

We had a similar situation when the Schroeder (SPD) administration planned to exit nuklear power generation. The utility companies even entered a contract with the government about the timeline of the phaseout till 2022 in June 2000. But they didn't prepare, they gambled that a new CDU-lead government would revise the contract. That happened and the utility relaxed. But then came Fukushima and the government decided they wanted to get out of nuklear power generation within the limits of the old contract. The utilities were caught by surprise being prepared for nothing.

The utilities lost more than 50% of the shareholder value if I recall correctly.
Regards, Volker

 

I am not sure I understand what point you are making.  You are right that the Clean Power Act has not yet been put into action.  But I think the important point is the intended effect of the act, and the fact that it will be put into action if it cannot be stopped on legal grounds. 

And also, while the provisions of that act have not yet had the effects that would flow from it being put into action; the mere existence of the proposed act is having effects right now in discouraging new coal plants with the risk that the act might be put into action in the future. 

So given the intent of the act and the fact that has an effect without being put into action, I don’t think it can be entirely dismissed just because it has not been put into action. 

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Posted by Anonymous on Sunday, August 13, 2017 11:00 AM

RME
In my humble opinion, I think the situation is quite different. Any utility or component supplier concerned with coal combustion looks well ahead of pending legislation to determine how to allocate capital.

You are right, they look ahead. On the other hand they'll stay with what they have until forces by regulation to do something. They might plan for the upcoming interim steps and the final goal but they haven't changed yet.

The demise of coal until today has nothing to do with the Clean Power Plan in my opinion. Forthcoming losses may well be caused by CPP if it ever gets implemented.

We had a similar situation when the Schroeder (SPD) administration planned to exit nuklear power generation. The utility companies even entered a contract with the government about the timeline of the phaseout till 2022 in June 2000. But they didn't prepare, they gambled that a new CDU-lead government would revise the contract. That happened and the utility relaxed. But then came Fukushima and the government decided they wanted to get out of nuklear power generation within the limits of the old contract. The utilities were caught by surprise being prepared for nothing.

The utilities lost more than 50% of the shareholder value if I recall correctly.
Regards, Volker

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Posted by Norm48327 on Sunday, August 13, 2017 9:45 AM

CMStPnP
Graduates of Liberal Arts Journalism degrees have become increasingly idealogical and take the BS courses in college instead of the more challenging courses that would make them a good journalist. Hence most graduate with less and less intellect or skill on news reporting and some even have basic issues with grammar and spelling.......pretty confident that is what is happening. Need to fix this at the college level in the area of required courses AND remove the idealogical BS courses. It will go a long way towards addressing the media problem in this country.

It goes much deeper than that. The problem begins in grade school when kids are passed on to the next grade even though they, in reality failed, and, in times of yore, should have/would have been held back. The same happens in high school and at the universities. Educators at all levels have failed to teach students. Can you fault the students for taking the easy courses? It gets them a sheepskin.  There was a day when a four year degree counted for something. Now it is the equivalent of a high school college prep diploma.

The fourth estate has failed the trust put in them by the populace. Instead of news without bias we get, from both sides, only the narrative they wish us to hear. Truth in media began disappearing when Harry Truman was still president. I can understand them posting 'editorial opinion' as such but most reporting is now tainted due to the author/editor offering their opinion as news rather than their personal beliefs.

Another contributing factor is youth who don't care whether they get an education or not.  They can make a tidy living selling drugs on the street, but as one friend who is a DEA agent said, longevity in that business is not to be expected even though the pay is good. If the feds don't 'getcha' the cartels are likely to.

Norm


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Posted by RME on Sunday, August 13, 2017 9:32 AM

VOLKER LANDWEHR
I just stated that the Clean Power Act had no influence on the demise of coal as it isn't implemented yet and perhaps won't under the current President.

In my humble opinion, I think the situation is quite different.  Any utility or component supplier concerned with coal combustion looks well ahead of pending legislation to determine how to allocate capital.  They will consider 'likely legislation' along with other types of risk -- in fact, weight it more strongly since few things are as sure as application of Federal sanctions by acquiescing Federal agencies.  Ask yourself whether Hillary Clinton's administration ... seen as so likely very late in the timeline of planning for new baseline powerplants ... would have continued to implementation of the Clean Power Plan, in ways with significant 'downside' for any utility foolish enough to make plans involving any major reliance on coal-fired generation.

(As a personal preference: I tend to discredit any claim made by a largely polemical organization (as CEI certainly seems to be, judging by the Web pages they put up) until I independently confirm the claim from more neutral or objective sources.  I think H.Landwehr has said much the same thing in more diplomatic language.)  

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Posted by CMStPnP on Sunday, August 13, 2017 8:43 AM

Norm48327
I read a variety of news sites and wonder which is posting facts or feeding the mushrooms their natural diet. In my opinion the 'Forth Estate' has sold their readers down the river, disregarding the duties they were charged with in the beginning. Their purpose under the constitution was to challenge government and expose truth. I firmly believe they have forsaken thier mission and have become political in their endeavor to support candidates of their choice. I no longer trust any media to be truthful and I'm willing to research everything I can find to determine which sites are lying to the public.

Graduates of Liberal Arts Journalism degrees have become increasingly idealogical and take the BS courses in college instead of the more challenging courses that would make them a good journalist.    Hence most graduate with less and less intellect or skill on news reporting and some even have basic issues with grammar and spelling.......pretty confident that is what is happening.    Need to fix this at the college level in the area of required courses AND remove the idealogical BS courses.     It will go a long way towards addressing the media problem in this country.

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