Merv's Politically Incorrect Audio Blog

Discussion in 'SBAF Blogs' started by purr1n, Dec 26, 2018.

Thread Status:
Not open for further replies.
  1. YMO

    YMO John Bomber

    Pyrate Contributor
    Joined:
    Apr 1, 2018
    Likes Received:
    11,555
    Trophy Points:
    113
    Location:
    Palms Of The Coasts, FL
  2. Syzygy

    Syzygy Friend

    Pyrate
    Joined:
    Jun 13, 2018
    Likes Received:
    2,192
    Trophy Points:
    93
    Location:
    DFW, Texas
  3. purr1n

    purr1n Desire for betterer is endless.

    Staff Member Pyrate BWC
    Joined:
    Sep 24, 2015
    Likes Received:
    93,923
    Trophy Points:
    113
    Location:
    Padre Island CC TX
    It's likely accurate.

    As I mentioned, there are electricity middle-men (actually retailers) who are iffy, run by the likes of Scarlett O'Hara and Rhett Butler.

    Griddy offers "wholesale" variable rate spot pricing, passes that through, with markup and a monthly fee. As such, their customers, most of the time (96%) are going to reap electrical rates about 20% less (delivery costs are an extra handled by local monopolies) than most other providers. Griddy "assures" their customers that their rates will exceed $0.30 only 0.5% and $1.00 only 0.1% of the time. Unfortunately for their current customers, that small percentage of the time just occurred for a extended period this past week when wholesale prices went up to $9 per kWh. Griddy isn't being straightforward about it when they say "Wholesale beats the TX average 96% of the time" because they omit how they charge markup (is it fixed or is it a percentage) or what happens that other 4% of the time. Griddy instead offers simple graphs on their website downplaying the risks and highlighting their savings.

    Think of signing up with Griddy like an APR loan, except with interest rates that can go between 2% and 1000%. Griddy does provide tools, smartphone apps, that inform their customers what their current rate is and their usage. It's not like they leave their customers totally in the dark.

    I opted to sign up for a fixed-rate plan with a more honorable outfit run by a Jimmy Stewart type with good customer service ratings. This plan comes with a one-year contract. This longer term plan which has a higher rate than Griddy (most of the time) allows my provider to ride out the price fluctuations so that I do not have to.

    The thing about Texas is that the state allows people to be stupid. Some people can't handle freedom. State Rep Gene Wu in that video has a good point in that the state should look into whether people are signing up for things which they do not understand.

    Now before people go off on how evil Texas is for not being the guardian of dumb people, we only need to look at Silly Con Valley's Robinhood who never really informed their customers of the risks of margin buying, playing with derivatives, possible limitations on trading during unexpected high volumes, and their salami-slicing of customer transactions Richard Pryor styles in Superman 3 (nod to @Psalmanazar). Then again, the Millennials who lost money of GameStop seem to have been satisfied that they lost it for a good cause - taking it to man (little did they know that they got played by an inner circle of ex-traders at r/wallstreetbets).
     
    Last edited: Feb 25, 2021
  4. Armaegis

    Armaegis Friend

    Pyrate BWC
    Joined:
    Sep 27, 2015
    Likes Received:
    8,661
    Trophy Points:
    113
    Location:
    Winnipeg
    Wait... are water heaters in the attic a common thing down south? Nevermind weird weather phenomena, just considering the weight of the water and risk of leaks when the tank gets old, I don't see why people would do this unless you're seriously cramped for space.

    edit: I believe our local building codes here in maple syrup land actually require the water tanks be placed near a floor drain
     
  5. Syzygy

    Syzygy Friend

    Pyrate
    Joined:
    Jun 13, 2018
    Likes Received:
    2,192
    Trophy Points:
    93
    Location:
    DFW, Texas
    After years of fretting "am I getting a decent deal on energy", and having to research and do selections every 1-2 years, my neighbors turned me on to Energy Ogre, which I first signed up for last June when my energy provider contract was about to expire. It's a service that looks at your usage pattern and selects/manages your electric plans for you, for a $10/month fee.

    And I think the top wholesale price was $9k/kWh, not $9/kWh. At least according to the WFAA story.

    Yeah, but more often they're in the garage, I think. Depends upon your floorplan. There's a drain pan beneath with a pipe running to the eave for draining. And when they're in the attic in Texas, they barely run in the summer time!

    We had 2 50-gallon tanks up there above our master (plumbed in series; we have 5 full baths), and finally after 20 years one of them gave out. Our drain pipe was on a long run and had sagged over the years, so we did have some leakage into the master. But it was very slow and not over our bed. We had a plumber out to turn it off and bypass it to the second one temporarily, and dried the carpet and replaced the sheetrock that got damaged.

    I haven't yet, but plan to replace them with a hybrid tankless system (I feel bad for those that had just tankless during this no-power episode; that meant no hot water for them).

    I'd drained both tanks to clean out residue 6 months after we built the house. Also I set the first one to heat up to ~90º, and the second one to heat to ~135º. I figured we'd lose ~5º on the travel between heaters and faucets, but that lower temperature meant nobody had to worry about getting scalded, ever. Dishwashers and our laundry both have built-in water heaters. Any way, I think having them staggered like that, each doing some of the heating job, and cleaning out the residue, helped contribute to their longevity. And saved energy at the same time.
     
  6. purr1n

    purr1n Desire for betterer is endless.

    Staff Member Pyrate BWC
    Joined:
    Sep 24, 2015
    Likes Received:
    93,923
    Trophy Points:
    113
    Location:
    Padre Island CC TX
    That's a brilliant idea. With the kids getting older, having their own bathrooms, and wanting to take longer showers, I'm finding myself SOL more often with respect to hot water. I dislike turning up the heat because I know I will scald myself.

    The first tank almost acts like a holding tank getting temps up to ambient. I'm sure it effectively will be in the summers.
     
  7. shredical

    shredical Friend

    Pyrate
    Joined:
    Dec 2, 2015
    Likes Received:
    261
    Trophy Points:
    63
    Home Page:
    is it just me or does everyone else see right wing media and conservative pundits, political members lead nearly every attack against democrats with the word. "radical".

    'radical' 'insert your opposition party member, agenda, platform'
     
  8. purr1n

    purr1n Desire for betterer is endless.

    Staff Member Pyrate BWC
    Joined:
    Sep 24, 2015
    Likes Received:
    93,923
    Trophy Points:
    113
    Location:
    Padre Island CC TX
    Pretty much, but it goes both ways and even in the middle - toward moderates (sellouts, rinos, gutless, etc.). Heck, even water pipes' propensity to freeze in the winter gets politicized.
     
  9. YMO

    YMO John Bomber

    Pyrate Contributor
    Joined:
    Apr 1, 2018
    Likes Received:
    11,555
    Trophy Points:
    113
    Location:
    Palms Of The Coasts, FL
    "radical" "socialist" "baby-killers" "Non-American" Yeah...petty much.

    You know what, this tacit does work. I have plenty of right-wing friends who consume a lot of right-wing media say those words in "" when any discussion about the Democrat comes up.
     
  10. haywood

    haywood Friend

    Pyrate
    Joined:
    Oct 22, 2015
    Likes Received:
    806
    Trophy Points:
    93
    It’s a common thing on both sides of the aisle to try to paint their opponents as out of touch with ordinary Americans but unfortunately the country has been so polarized by corporate and social media so they’re both kind of right.

    If you’re familiar with the Overton window it’s shifted so far left that the fringes of the Democratic Party (and if you’ve been paying attention it’s really not that fringe anymore) are starting to become almost indistinguishable from classical far right rhetoric, e.g.:

     
  11. roshambo123

    roshambo123 Friend

    Pyrate Contributor
    Joined:
    May 26, 2018
    Likes Received:
    3,702
    Trophy Points:
    93
    Location:
    Los Angeles
    I wasn't familiar with Griddy but it seems predatory. The perceived lower rates would be desirable to lower income households who are more likely to be part of the "stupid" people you mention who would be less likely to understand things like hyperbolic discounting, black swan events, and calculating expected returns over long timelines based on historical power prices and global weather models. Regulations we'd hope would be there to prevent companies not just from hurting vulnerable people but stopping the construction of the type of financial Jenga towers like we saw in the 2008 crisis. Thankfully, it doesn't seem like they were that large of a company.
     
  12. wormcycle

    wormcycle Friend

    Pyrate
    Joined:
    Aug 13, 2016
    Likes Received:
    1,674
    Trophy Points:
    113
    Location:
    Sarasota FL, Warsaw PL
    Why stop there: people buy mutual funds with 3.1% management fees, idiotically speculative stock, buy crypto currency. Why not try to stop people from doing anything they do not understand, but the state obviously does?
    Example: Blockchain general ledger is an ingenious, but a very complex thing.
    What if someone decided 5 months ago that only institutional investors can buy bitcoin because most people definitely do not understand what a currency build on blockchain is?
    If the state has regulation power over utilities and resellers, go after them, but what does it have to with supervising what people do or do not understand?
     
  13. Psalmanazar

    Psalmanazar Most improved member; A+

    Pyrate Slaytanic Cliff Clavin
    Joined:
    Sep 27, 2015
    Likes Received:
    5,477
    Trophy Points:
    113
    The Noble Peace Prize is usually ridiculous. Historically, lasting peace is usually achieved by one belligerent leveling the other’s cities and slaughtering their population of young men. How do people think the Civil War and both World Wars ended for the losers?
     
  14. purr1n

    purr1n Desire for betterer is endless.

    Staff Member Pyrate BWC
    Joined:
    Sep 24, 2015
    Likes Received:
    93,923
    Trophy Points:
    113
    Location:
    Padre Island CC TX
    Well, I don't see things as having to be so black and white. It's the age-old argument of how much the state should be involved. Sure there is a side of me that would like to say, f**k these people, it's their fault because they are dumb. However, this isn't a very pragmatic approach. Lots of people suckered into $1600 to $16000 electric bills doesn't do a community any good. It's better to have people who can economically contribute to the community rather than people taken out of it because of monstrous bills from a predatory electric outfit. And let's face it, the Griddy website does a great marketing job while avoiding any disclosure of the real risks.

    I found out that teen drivers in Texas are required to take a Impact Teen Driver course as part of their drivers education. The Impact course is like modern equivalent of Red Asphalt for those of you old enough to remember these films. The funny thing is that the Texas course is modeled after the work from the California non-profit, but unlike California, Texas actually made it mandatory.

    The state doesn't need to prevent people from being stupid, but it can help educate people into not being stupid or require honest to goodness disclosures of the risks. Of course the state can also go too far: I'm pretty sure everything in California causes cancer per the Prop 65 warning.
     
    Last edited: Mar 1, 2021
  15. Syzygy

    Syzygy Friend

    Pyrate
    Joined:
    Jun 13, 2018
    Likes Received:
    2,192
    Trophy Points:
    93
    Location:
    DFW, Texas
    I seem to recall something about teens not being allowed to drive after dark without their legal guardian in the car either. And there are limits to the number of teens allowed in a car with a teen driver IIRC. Enacted a few years ago now.

    I have a ways to go before I'm paying much attention to it…16yo doesn't want to drive, and 11yo is 11.
     
  16. purr1n

    purr1n Desire for betterer is endless.

    Staff Member Pyrate BWC
    Joined:
    Sep 24, 2015
    Likes Received:
    93,923
    Trophy Points:
    113
    Location:
    Padre Island CC TX
    My soon to be 16yo "wants to drive" sorta - in that we have to remind her if she wants to drive.

    I guess it's different for kids these days. The smartphone is today is the driver's license of yesterday.
     
  17. Taverius

    Taverius Smells like sausages

    Pyrate
    Joined:
    Dec 27, 2017
    Likes Received:
    3,034
    Trophy Points:
    113
    Location:
    Rapallo, Italy
    I didn't get my license until 23, but then again in Europe it is perfectly practical - not to mention usually faster - to travel everywhere by public transport.

    Only now that I live in very small towns do I travel to regularly to locations that require a car.

    In a city I'd just get a big moped. In Milan its common to see an army of people in office suits in 200-500cc mopeds at stoplights in the morning (because why deal with parking a car if you don't have to).

    Which actually sounds weird now that I think about it. Swarmed by salarymen :eek:
     
  18. YMO

    YMO John Bomber

    Pyrate Contributor
    Joined:
    Apr 1, 2018
    Likes Received:
    11,555
    Trophy Points:
    113
    Location:
    Palms Of The Coasts, FL
    They will want to drive sooner or later when they are in a big state like Texas.

    My GF due to money issues and poorer family never taught her how to drive. In FL you need a car to survive unless you are in Miami. GF is very limited on jobs due to she is limited on distance.
     
    Last edited: Mar 1, 2021
  19. Senorx12562

    Senorx12562 Case of the mondays

    Pyrate
    Joined:
    Oct 26, 2015
    Likes Received:
    3,393
    Trophy Points:
    113
    Location:
    Bird-watcher's paradise
    I was amazed when my son was somewhat meh about getting his driver's license at 16. That lasted until his first girlfriend after he turned 16. I was at the dmv door 15 minutes before they opened on the day I was 15 3/4, chomping at the bit. But then I realized that a large portion of his non-school social life was virtual. Much different times.
     
  20. Lyander

    Lyander Official SBAF Equitable Empathizer

    Pyrate Contributor
    Joined:
    Feb 25, 2017
    Likes Received:
    12,595
    Trophy Points:
    113
    Location:
    Philippines, The
    Some people never really bother getting driver's licences despite knowing how to operate a vehicle (cough). It's kinda part of the territory with how public transportation and ride sharing is that much more convenient compared to before, not to mention there's that whole Eco Warrior™ guilt thing; a few of the more posh locales encourage walking around for both personal and environmental health and because these places were properly planned it's not entirely unfeasible.

    The additional ID can be useful at times but that's about it.

    Could also just be a regional thing. I've got a few friends who live in Texas now or have relatives they visit there and I hear about how you literally cannot get around to doing anything without driving a couple minutes in some places.
     
Thread Status:
Not open for further replies.

Share This Page