Coal miners seek answers after paychecks bounce, mines suddenly close

Discussion in 'Current Events' started by HumbledPi, Jul 9, 2019.

  1. Bowerbird

    Bowerbird Well-Known Member

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    But the link I gave earlier in the thread was about West Virginians WANTING windpower over mountaintop removal
     
  2. jay runner

    jay runner Banned

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    Plant switchgrass in the medians and side easements of all interstates and public highways. Harvest it to make ethanol (grass is already being cut, not a lot of new expense), make money for road infrastructure, plus, since switchgrass is a photosynthesizer, reduce CO2 in the atmosphere. Feed more beef with the corn saved. Eat red meat Iowa corn fed beef, it is the best thing for you.

    Solar should get no subsidies at all as it is plenty mature enough for the test of life or death on its own.
     
  3. fmw

    fmw Well-Known Member

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    Coal miners seek answers after paychecks bounce, mines suddenly close

    Sad. It is true for many retail store employees as well.
     
  4. Starjet

    Starjet Well-Known Member Past Donor

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    So say you.
     
  5. Kode

    Kode Well-Known Member

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  6. TomFitz

    TomFitz Well-Known Member

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    You’ve obviously never had a company fold up out from under you!
     
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  7. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    This link? https://video.nationalgeographic.com/video/magazine/00000144-e04d-db09-a5d6-e6df86bf0000. It is a Nat Geo entertainment program with little scientific evidence that wind turbines would be a viable energy source for this region of our country. Wind energy also would not create jobs to replace displaced coal miners. Now that so many mountain tops have been denuded of trees, solar power might be the best use for the land. Another type of energy that could be tapped is geo thermal.

    Now back to my previous question. Why are you so curious about the USA? Your own country has not utilized the potential of its interior to any large extent. Australia has some of the highest concentrations of urbanization in the world. Your entire population, 25 million people, live in 25% of the land mass with the exception of the remaining indigenous population. The Outback (interior regions) may not be as desirable as coastal areas but it does have some natural recourses and opportunity's for several types of energy sources.
     
  8. ronv

    ronv Well-Known Member

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    The coal miners may be uneducated, but they are not stupid. They know now that Trump conned them and so do the rest of the people in coal states. His rally's will make fine campaign ads for the Dems.
     
  9. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Nextera, who also owns Florida Light and power will build on sites where profitable opportunities exist. When Palm Beach land becomes cheap, you can bet they will be there if financing the massive amount of capital required is available.
     
  10. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Good Ron, why don't you and AOC take care of that publicity campaign. I'm sure your party is calling you.
     
  11. FreshAir

    FreshAir Well-Known Member Past Donor

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    but that is the point, I do not have a land line, have not for probably 10 years, but still get them
     
    Last edited: Jul 10, 2019
  12. Bearack

    Bearack Well-Known Member

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    Yeah, every year everyone gets a phone book. It's a saturation delivery unless you live in a state or county were you have to opt in to receive the book. When people moved and got a new address and either moved their number or got a new land line, we would send them a phone book to their new address.
     
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  13. Thedimon

    Thedimon Well-Known Member

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    I admit, I don’t really know much on the subject. I do remember reading somewhere that employee salaries are #1 priority. Mostly because you need accounting department to function past shut down to prepare final reports and to go through bankruptcy. If you stop payroll your accounting department won’t be paid, and logically, not a whole lot of them would stick around.
    After shut down, you need to keep quite a few other employees around as well - besides accounting, you also need warehouse employees, or at least some of them who would be able to find stuff that court liquidates.

    I’ve been running accounting departments in the past and I can assure you - if I see that we don’t pay some employees on purpose I would not stick around because in my eyes, there is not guarantee I’d be getting my last paycheck.

    That’s why I think those employees will be paid eventually.

    Also, I have gone through reorganization bankruptcy and we were paying our employees and critical vendors, but that bankruptcy assumes you emerge from it as a functional entity, while liquidation bankruptcy kills the entity and sells off its assets.
     
    Last edited: Jul 10, 2019
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  14. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    And your point is what? 20,00 people is nothing. There are 5 times as many illegals in CA the governor say he's going to provide FREE healthcare for.
     
  15. ronv

    ronv Well-Known Member

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  16. ronv

    ronv Well-Known Member

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    Working on it now. Previews next summer. :)

    [​IMG]
     
    Last edited: Jul 10, 2019
  17. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Great. We need more low info democrats in politics.
     
  18. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Depends on the type of bankrupcy. Chapter 7 is where a company goes belly up,the company is shuttered and it liquidates everything. Chapter 13 is a court supervised reorganization. Some key employees such as accountants will be retained to help reconcile the books. They get paid so they have an incentive to work. Taxes and government liens are paid first. Next secured creditors are paid (banks and other sources that provide loans) since they are the companies only hope for obtaining funds to stay somewhat operational while reorganizing. Unsecured creditors including non essential employees, stock and bond holders get paid last.
     
    Last edited: Jul 10, 2019
  19. ronv

    ronv Well-Known Member

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    Yeah, we are going after the uneducated that Trump loves so much.
     
  20. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    You will be perfect Ron. Which of the 20 or so do you want to share your strategies with?
     
  21. Kode

    Kode Well-Known Member

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    Sorry. Twenty MILLION more.
     
  22. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    Yeah man, I love fuzzy math.

    As for how many are covered under ObamaCare here in 2019?
    “20 million plus” is a rough estimate of how many are currently covered between all coverage provisions under the Affordable Care Act.

    Here is the logic:

    2019 data shows that about 8.4 million were enrolled in the marketplace during open enrollment 2018, that is down from 11.8 million during open enrollment 2017.

    Meanwhile those who are were eligible for Medicaid coverage due to Medicaid expansion and are covered is estimated at 12.6 million as of 2017 (up from 11.9 million as of 2016). NOTE: I don’t have the 2018 – 2019 data yet.

    Lastly, about 2.6 million is from young adults staying on their parents plan and there are many newly covered via the employer mandate (I don’t have a recent estimate, however in 2015 RAND estimated 9.6 million).

    All together, those covered due to a result of the ACA is currently over 20 million (8.4 + 12.6 + 2.4 + x = over 20 million; likely substantially more since I can’t give an accurate current count for total covered by the employer mandate).

    This is pure horseshit logic. You know it and I know it.
     
  23. ronv

    ronv Well-Known Member

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    I thought we could start with these from the OP.

    West Virginia-based Blackjewel LLC and its affiliate Revelation Energy filed for Chapter 11 bankruptcy last Monday. Court records show Blackjewel has about 1,700 employees in Wyoming, West Virginia, Kentucky, and Virginia. According to the Virginia Department of Mines, Minerals, and Energy, the company had around 480 workers in Virginia in 2018.

    They can then spread the joy in their communities. :)
     
  24. Mrlucky

    Mrlucky Well-Known Member Past Donor

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    No Ron, I meant which of the 20 and counting democrat/socialist candidates do you wish to support.
     
  25. FreshAir

    FreshAir Well-Known Member Past Donor

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    yep, that is a state issue, I don't live in that state so they can do whatever they want

    healthcare costs are rising due to the excessive amount of sugar Americans are consuming - so in the future even covering just Americans is gonna be tough

    the guidelines for the USA are finally starting to change though... it's a start, long ways to go yet, but headed in the right direction

    "Controversial New U.S. Dietary Guidelines Suggest Not All Fats are Bad, But Sugar is Evil"

    https://www.newsweek.com/controvers...nes-suggest-not-all-fats-are-bad-sugar-412860

    "This change is good news for the egg industry—eggs are another example of a food containing these "good" monounsaturated and polyunsaturated fats, which actually have protective benefits when it comes to heart health."

    lol, the sugar industry not happy

    "Other U.S. food industry associations also responded to finalized guidelines. The Sugar Association said the advice to avoid "added sugar" is based on weak science."
     
    Last edited: Jul 10, 2019

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