usrevenge

usrevenge t1_iwar4g4 wrote

Reply to comment by [deleted] in Over 50 species previously thought to be mute make sounds, according to a new study by BoundariesAreFun

That's how science works.

You make a theory and test it and if everyone tests it too and you were right it becomes considered a scientific fact.

But if someone proves that you were wrong. Even thousands of years later we get to say we learned something new and previous research was wrong.

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usrevenge t1_iw5jqx1 wrote

Reply to comment by ovationman in TIL JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later by mankls3

Banks failed because they loaned out all their money and people then demanded the money back like a Ponzi scheme.

Banks still do this but they are required to have insurance to protect customers from their failure which is what FDIC is that you see on banking commercials. This means if bank of America shits the bed every customer can get all of their money back as long as they had less than $250,000 deposited.

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usrevenge t1_iutu715 wrote

Reply to comment by Logtastic in White House announces $13.5 bln funding to help households with energy bills by Cyberdragofinale

Too bad that is unlikely.

If Democrats kept the house and won 10 seats in the Senate the country would be transformed very quickly due to no filibuster.

We would see

  1. Codified roe v Wade

  2. Enshrined into law the right to birth control

  3. More taxes on the rich

  4. Forgiven student loans

  5. Likely massive changes to medicare or even Medicare for all.

All probably in 2023 alone.

But Republicans rather vote against their own interest

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usrevenge t1_itpgmyj wrote

Reply to comment by joedev007 in Software biz accused of colluding with 'cartel' of landlords by marketrent

You are special.

Even if property tax assessments doubled and water bills doubled and every other utility doubled in price that would still be like 10% increase in rent not 100%.

Let's do the math.

You buy your rental home in 2015 for $150,000 the rent would easily be $900-1000 or probably more.

If you put 20% down which since it's a rental you kinda have to do that at a minimum your monthly payment for the house and taxes etc is $800. That's 1% property tax which is pretty standard

Now according to you. If we double the property tax. The math makes it out that rent should double.

Let's do that

If we double property tax it's $3000 a year. That means the total amount goes up about $150 per month.

Here is the kicker. Rent didn't go up $150. Rent didn't go up $200.

Rent has been going up 50% or more since that time The $1000 house you rented in 2015 is probably $1800 a month today.

So yea you deserve the down votes and everyone making fun of you.

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usrevenge t1_itnm14g wrote

Reply to comment by larsattacks94 in eli5: how long would power stay on if the power company abandoned their post? by larsattacks94

It would probably be a few hours tbh.

The grid has to be balanced. If your town starts using more power a power plant somewhere in the network has to spool up more generators or increase their speed.

If a power plant suddenly goes offline the power plant has to call the regional area offices and tell them so they can balance the load. I've been in a plant where this was happening a lot. Even if this wasn't automated it could easily fail somewhere. The electric grid is one of the most complicated pieces of infrastructure in the country.

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