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Topic: In other news ...

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Cincydawg

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Re: In other news ...
« Reply #30128 on: April 01, 2024, 01:44:27 PM »
We;re getting hit with an assessment here.  It's not too bad, but the previous "board" spent money on optics and the lobby updating, and apparently our mechanical stuff needs replacing.  I see so many opinions on it, I decided not to vote yay or nay.  Our monthly fees are high, but I feel like I do "get stuff" for it.  

The previous board president moved out, down the street to another condo, because he was taking so much verbal abuse over it.  I got along with him fine.

We probably should spend the money, but some folks are saying there is a better way to do it.  And some folks claim without evidence that the previous board used "friends" to do the work.  I keep my head down.

I was musing yesterday I don't even remember how the lobby looked before the update, I guess it looks OK now, but the infrastructure would have been a better priority,
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utee94

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Re: In other news ...
« Reply #30129 on: April 01, 2024, 01:50:35 PM »
Quote from: 847badgerfan on April 01, 2024, 01:12:27 PM
401K's generally don't work for self-employed people. It didn't for me, hence the investment account.

I think about liquidating it from time to time to buy rental property(s).
I'll almost certainly liquidate my 401K and put it into more real estate when I can do so without penalty.
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GopherRock

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Re: In other news ...
« Reply #30130 on: April 01, 2024, 02:07:14 PM »
Quote from: 847badgerfan on April 01, 2024, 12:14:47 PM
This is a major undertaking. Unreal to think about.

Auxiliary channel to Baltimore port expected to open Monday (msn.com)
I read somewhere that the piece of bridge that is currently sitting on the ship weigh approximately 9 million pounds. That is insane.

I've seen attempts to compare this with the 35W bridge here in Minneapolis. While both ended with the truss bridge in a twisted heap on the ground, that's where the comparison ends.

The remnants of 35W were recovered mostly onshore with the Corps of Engineers drawing down the level of the Mississippi River and bringing the flow down as low as possible. Badge may know more about the nature of the channel here than I do due to his USCG captaincy, but this salvage operation is hauling considerably more steel out of a lot of salt water unprotected from the elements. 
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847badgerfan

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Re: In other news ...
« Reply #30131 on: April 01, 2024, 02:16:39 PM »
Those waters are a little salty. Maybe 5 percent, if that, so nothing like the Sunshine Bridge that went down in 100 percent salt water.

695 is pretty far from the South end of the Bay and there are a ton of tributaries dumping fresh water into it. Virginia Beach is 100 percent and the farther you go up the Bay, the salt content rapidly goes down. Tide can also play a big part.
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847badgerfan

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Re: In other news ...
« Reply #30132 on: April 01, 2024, 02:18:46 PM »
What is the most surprising to be is the lack of fortification around such an important bridge. 

It had to be about money. The people who made that decision have some explaining to do here, in my opinion.
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GopherRock

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Re: In other news ...
« Reply #30133 on: April 01, 2024, 02:57:31 PM »
Quote from: 847badgerfan on April 01, 2024, 02:18:46 PM
What is the most surprising to be is the lack of fortification around such an important bridge.

It had to be about money. The people who made that decision have some explaining to do here, in my opinion.
That is indeed a question to be asked. However, they are almost certainly dead.

On top of that, assuming the ship was loaded to around 92,000 deadweight tons, would a tight spread of dolphins have worked? I certainly hope that it would, but...


Quote
Still, others feel that the force of the ship, given its size and weight, would overcome even the type of protection systems being built in Delaware with a direct hit.
When asked whether dolphin barriers that size would have averted a collapse in Baltimore, Khalid M. Mosalam, a structural engineer and professor of civil engineering at the University of California, Berkeley, said “probably not.”
Mosalam said he and a colleague ran calculations based on estimating the ship’s speed and weight that resulted in an impact force that would have overwhelmed those barriers.
“I’m not sure if any practical system (or even retrofit of the bridge) would have been efficient or even practical to prevent this disaster,” he said.

https://www.thebaltimorebanner.com/key-bridge-dolphins-fender-protection-3LZVAL7HDVHBXAEF4G5LBFWZHE/
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847badgerfan

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Re: In other news ...
« Reply #30134 on: April 01, 2024, 03:04:23 PM »
I don't know if they are dead. Maybe? It opened in 1977. 

Surely there are meeting minutes from the design meetings.

I'd like to know more.

Would dolphins have helped? I've read opinions that say yes, and also ones that say no. 

But could it hurt? That answer is a hard no.
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FearlessF

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Re: In other news ...
« Reply #30135 on: April 01, 2024, 03:12:01 PM »
could have been added later, right?
wouldn't have to be part of the original design

I'd guess there has been a couple major maintenance events since 77
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Gigem

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Re: In other news ...
« Reply #30136 on: April 01, 2024, 03:38:02 PM »
My question is...for the ultra rich who just borrow against their stock or whatever....they do eventually have to pay the bill.  You can't just keep rolling loans over forever.  So when and how do they eventually pay back the loans?  Buffet is like 85 years old...no way he's just been rolling loans for 60 years.  

Elon Musk had to pay a tax bill either last year or year before in the billions.  

Either way, those bellyaching about the rich not paying their fair share sometimes miss the point that the federal gov't really doesn't need their money anyways, because all they will do is waste it and run up more debt.  What the Feds need is some kind of check/balance system for keeping the gov't in some semblance of financial responsibility. 

Not keep running up the tab on "American People Express".  
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Cincydawg

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Re: In other news ...
« Reply #30137 on: April 01, 2024, 03:40:54 PM »
They can borrow forever if the stock appreciates enough or is just huge.  
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Gigem

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Re: In other news ...
« Reply #30138 on: April 01, 2024, 03:42:19 PM »
Quote from: Cincydawg on April 01, 2024, 03:40:54 PM
They can borrow forever if the stock appreciates enough or is just huge. 
And the bank gets paid when?  When they croak?  
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FearlessF

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Re: In other news ...
« Reply #30139 on: April 01, 2024, 03:48:17 PM »
the bank gets an origination fee on the loan and any interest accrued 
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FearlessF

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Re: In other news ...
« Reply #30140 on: April 01, 2024, 03:49:17 PM »
Bankers get paid better than the Fed government

because the banker doesn't allow stupid loopholes
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GopherRock

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Re: In other news ...
« Reply #30141 on: April 01, 2024, 04:32:59 PM »
Opened 1977, 3 years of construction, which puts design from ~1970-72. Junior staff on the design would be in their mid-70s nowadays.

As for the effectiveness of the dolphins, they would have taken some of the kinetic energy out of the ship. But in this case, inertia is a cruel mistress. With that much tonnage aboard, the ship would almost have to be completely at rest at contact in order to not knock the bridge down.
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