SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (90605)9/8/2010 2:13:12 PM
From: TimF5 Recommendations  Read Replies (1) | Respond to of 224720
 
And this isn't one of them.

Yes its a costly mistake, but a very rate one. Its costs might be measured in the low tens of billions range, the costs of not drilling for new oil would be much higher. The cost of the moratorium is lower but the chance that it would actually prevent a serious spill is close to zero (unless its continued forever, in which case the chance it would prevent a spill go to "low", and the cost goes from less than a spill to much more than a spill)



To: Kenneth E. Phillipps who wrote (90605)9/8/2010 2:43:03 PM
From: TideGlider  Respond to of 224720
 
Kenneth, I unfortunately clicked "recommend" rather than "next" ...just for the record.



To: Kenneth E. Phillipps who wrote (90605)9/8/2010 4:04:28 PM
From: tonto3 Recommendations  Respond to of 224720
 
Absolutely. Unfortunately, Obama was elected and we are paying for it...

There are some mistakes which are too costly to happen even once.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News