Once upon a time, not so long ago, before our emancipation at age eighteen was certified by the right to vote, all sorts of adult groups presumed themselves entitled to issue orders and make demands as if they were the parents of all juveniles. That is, they claimed to be acting “in loco parentis,” in place of parents, whose intentions were presumably good and the same. It was not, as I recall, widely questioned that parents are well-intentioned. Perhaps because, in the grand scheme of things, paternalistic adults were actually an improvement over the real thing.
About a quarter century ago, when Hercules Specialty Resins was still spewing its sulfurous emissions across the marshes of Glynn to be dissipated by mingling with the off-shore breezes, local wags dubbed the odiferous environment “the smell of money.” They may have been more right than they thought. For, within a decade, all profits had apparently gone up the chimney, even as every rain storm deposited more toxins to poison the marsh. That profitable enterprise depends to a large extent on avoiding waste is a lesson the new owners of Pinova seem to appreciate. On the other side of town, the tradition of spewing tons of sulphur up the chimney continues.
People who play with money, like children who play with their food, deserve to lose.
Why is it when the stock markets redistribute dollars it’s a “correction,” but when Washington redistributes revenues it’s a catastrophe?
Is this a recognizable business pattern?
1) Acquire well-established “household” enterprises, whose investments have lagged to satisfy investor’s expectations, on the cheap.
2) Capitalize the enterprise with new loans predicated on capital improvements and the value of the “brand.”
3) Use those new funds to finance the “nut” on prior loans.
Actually, it was just one thought — the right to free speech can only be guaranteed by making sure that each and every dollar is returned to sender. This thought comes in response to the realization that tax-exemption for individuals and organizations is conditioned on being banned from political participation. It’s sort of like Essau selling his birthright for a bowl of porridge. Tax exemption is a snare.
“Return to Sender” = “Give unto Caesar that which is Caesar’s“
How else to explain that the successors to the Sea Island Company, whose bankruptcy left many an independent contractor and innumerable employees in the lurch while the principals retired to enjoy what they had secreted ahead of time, are following a similar deceptive path, proposing to strip and sell off the island’s tip before it vanishes in the waves? Deception. Is it catching? James Holland reports there’s a road to nowhere abuilding.
the Brunswick Cellulose, LLC Permit to Pollute the air
August 8, 2015
The draft of the permit for Brunswick Cellulose, LLC to pollute the air, which the Air Protection Branch of the Stationary Source Permitting Program of the Georgia Department of Natural Resources is proposing to renew in 2015 is a compendium of questionable and inaccurate information and significant omissions. What much of it boils down to is that it is not timely. For example, processes and facilities that were supposedly installed or removed in 2006 are dealt with as if current. Some facilities and equipment (stacker, reclaimer, four digesters, washing and screening system, lime kiln, slacker) have been permitted, but not installed. Since technological innovation is rather rapid, a decade of inaction is likely to be very significant. The “use it or lose it” principle ought to apply.
A Dailykos poster has compiled a compendium of dark omens.
Seems like a history of Wall Street ought to be entitled “Throwing Good Money after Bad.”
The City of Brunswick in Glynn County, Georgia, rather than admit it is wrong to butcher the vegetation along the side of the road, has doubled down. “See, it wasn’t wrong. And to prove it, we’re going to do it again. Besides, the Coastal Resources Division of the Department of Natural Resources has given us permission.”
So, predictably, our environmental advocate, James R. Holland, takes pictures, spreads the evidence around and registers complaints with the Mayor and the DNR: