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U.S. Offshore Wind Farm Receives $2 Billion From Japanese Banks

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  • Meanwhile... (Score:5, Interesting)

    by girlintraining (1395911) on Monday April 15, 2013 @08:01PM (#43457205)

    Meanwhile, in the United States... research and development cut. NASA budget shrunk. Science and engineering degrees from new graduates at all time lows. And at least one state (Tennessee) has recently tried to pass a law to make our educational system an actual Hunger Games by witholding food assistance from poor families with students who do poorly on state-administered exams.

    Thank you, Japan, for investing in us... because we sure as hell aren't.

    • by Bartles (1198017)
      We spend 3.6 trillion dollars a year on ourselves. We are now spending more on ourselves than any time in history. Why isn't it working?
      • Re: (Score:2, Interesting)

        by Anonymous Coward

        Because we're spending it all on:

        1) Blowing other people up.
        2) Ridiculously high health care costs that would decrease immensely if the right would stop cock-blocking us on universal health care.

      • by PopeRatzo (965947)

        We spend 3.6 trillion dollars a year on ourselves.

        Not all of it is "on ourselves", unless one of us is an Afghani warlord.

      • by jopsen (885607)

        We spend 3.6 trillion dollars a year on ourselves... Why isn't it working?

        In all fairness you do spend 16% of that on free stuff for others: bombs, missiles, armies, etc...

    • You obviously are just parroting some nonsense. By every yardstick R&D is steady or has grown; regarding science and engineering degrees- yes that is not a good sign. Our problem is not R&D budgets - it creeping dependency on state; the erosion of individual rights and the rise of imperial washington.
    • Meanwhile, in the United States... research and development cut. NASA budget shrunk. Science and engineering degrees from new graduates at all time lows. And at least one state (Tennessee) has recently tried to pass a law to make our educational system an actual Hunger Games by witholding food assistance from poor families with students who do poorly on state-administered exams.

      Thank you, Japan, for investing in us... because we sure as hell aren't.

      Given that wealth in the US flows upwards, not downwards or even laterally, smart kids become lawyers, doctors, and hedge fund managers, not engineers or scientists, because smart kids know you have to go where the money is if you want to be wealthy. Certainly, wealthy people want innovative new products, but their demand for new technology and new knowledge about the universe is not nearly as constant (nor as profitable) as their demand for competent legal, medical, and financial services.

      You are being

  • by Guano_Jim (157555) on Monday April 15, 2013 @08:14PM (#43457269)

    Could someone please come up with a dirty limerick about this wind farm? It's got NANTUCKET in it, for the love of pete.

    I've been sitting here for ten minutes and I got nothin'.

    • by girlintraining (1395911) on Monday April 15, 2013 @08:18PM (#43457291)

      I've been sitting here for ten minutes and I got nothin'.

      A planned for wind farm near Nantucket
      Risked the view of a rich tourist's junket
      So a judge stepped on in
      Said, "give safety a spin"
      "To test the idea, then I'll flunk it." ... Okay, maybe it's not dirty... but better than nothing. :D

      • I've been sitting here for ten minutes and I got nothin'.

        A planned for wind farm near Nantucket
        Risked the view of a rich tourist's junket
        So a judge stepped on in
        Said, "give safety a spin"
        "To test the idea, that'll f%#k it." ...

        % == u
        # == c
        Subtlety doesn't work well at /.

        • The limerick was halfway decent because it didn't take the easy and obvious route of using an expletive that was clearly being set up from the start. It plays with the reader's expectations. Not only that, but it makes much more sense with "flunk" than what you've proposed, since the original refers to rejection, whereas yours refers to destroying it, which makes no sense in the context of this case.

          • Subtlety truly does not work well at /.
            • Are you suggesting you were trying to be sarcastic? If so, then I'll definitely agree that sarcasm doesn't work well on the Internet in general, but there was nothing subtle about your post at all. You tried to make a joke at the expense of the people here, and had it flop since it was crudely done and not as funny as the one that preceded it. Trying to suggest that we just didn't get it is the lazy way out for people who shouldn't tell jokes.

    • There was a wind farm in Nantucket
      Delivering power by the bucket
      Though the U S of A
      With it's bucks said "no way"
      There were people with yen who could ....back it
    • The Red Sun planned a farm in Nantucket.
      But not corn, it was wind that they shuck-ed.
      The rich folks they cried,
      until Congress denied.
      But when Kennedy died, they said "fuck it."

    • Re: (Score:2, Funny)

      by Anne_Nonymous (313852)

      There once was a wind farm in Nantucket
      That the US told to suck it
      The Japs prefer a blow
      To Fukushima glow
      So they bought a share for their socket

    • by wierd_w (1375923) on Monday April 15, 2013 @09:24PM (#43457635)

      On a windfarm down in Nantucket,
      Some rich bastards there tried to fuck it.
      But the press badges stopped by,
      And they invoked the public's eye,
      Who then told all the fuckers to shove it.

      In Japan they feel it's a must,
      To rid themelves of nuclear dust,
      So they dropped a fat cheque
      On said windfarm's deck
      To help them win the public's trust.

      Due to the fortunes that they hold dear,
      Of these bastards, it is abundantly clear:
      All projects they will attempt to defraud,
      To keep construction out of Cape Cod
      Using rhetoric both truthful and smear.

    • by femtobyte (710429)

      Shell shills' oil spills by the sea shore
      darken not Nantucket's back door;
      “green pow'r” of Jap bankers' billions
      melts the hearts of Hell's dark minions:
      Windfarms no longer pose an eyesore.

      Burma Shave.

    • They once had turbines for Nantucket
      that aroused the rich (where they stuck it)
      for the juice didn't flow
      when the wind didn't blow
      so instead they contented to suck it.
  • red tape ? (Score:2, Insightful)

    I suppose if you owned a house or motel or resturant with a nice view of the ocean, you would consider regulatory reivew so much red tape ?
    A lot of fishermen and boaters use that area - alot; i don't think it is unreasonable to have a public hearing or two on safety

    You may not know this, but I, a homeowner in the boston area (newton to be exact) will pay higher electric rates cause of shady deals blessed by state politicians; why should i be forced to pay for this ??
    why wasnt' there more red tape so i could

    • by Hadlock (143607)

      The good news is that there's no red tape in Texas, and despite Massachusetts marketing campaign, Texas will likely be first in the water.... with a much larger installation. Texas' office of natural resources has an open door policy and are a lot further long...without the need for federal funding.

      • They have a smaller shoreline than Texas so the wealthy owners are worried, in Texas they probably have plenty of places to choose from. In addition, shipping lanes and commerce ports are also closer together because of the smaller area. Any changes will be met with FEAR, if you've ever known a small to mid sized business owner they fear everything that could impact them.

        There is a documentary on the fishing limits; hinted at how their senator worked.... he knew it was stupid but didn't want to go into a

        • Texas is a big welfare state that wouldn't best Mexico if it wasn't supported by the productive states.

          But that's wrong! Do you even research things before you decide to post them? http://en.wikipedia.org/wiki/Federal_taxation_and_spending_by_state [wikipedia.org] -- Net contribution per capita: $2,243

          Please work harder and try to be less wrong.

          • by dywolf (2673597)

            Hell, Texas even contributes nearly twice as much as California does, whiles running a very similar set of social programs

        • by dywolf (2673597)

          Texas is a big welfare state that wouldn't best Mexico if it wasn't supported by the productive states. The lack of regulations doesn't make the state a net earner... Now if they owned that oil instead of let a small group claim it... and dodge taxes maybe texas would contribute some $ for a change. Meanwhile most of New England pays far more to the feds than they get in return, so they should feel entitled to FREE wind farms because they've more than payed for it. Also, Texas schools suck and well, a whole lot more. Disclaimer, I've never been in either region.

          Ignorant moron. Not even close to true. Texas is one of the bigger contributors to the federal coffers (9th in nation). Contribution per capita: ~9500$. Funding recieved in turn per capita: ~7200$. That's a net plus to the fed of ~2300$ per person living in the state of texas. $2300 per person, leaving the state. Texas is a net contributor, not a taker. Not a welfare state. For every dollar contributed to the fed, they recieved back only 0.75; phrased another way, they contribute 1.32 for every dollar they

          • by cellocgw (617879)

            Also, you're claim that most of New England is a net contributor? Wrong also. New Hampshire, Pennsylvania, Vermont, Maryland, and Maine, are all net takers from the Fed. That's 5 out of 11 states, or nearly half.

            You have a very interesting take on what constitutes "New England."

  • by fullback (968784) on Monday April 15, 2013 @09:34PM (#43457683)

    The bank name is Bank of Tokyo-Mitsubishi UFJ...

    Ironically, Mitsubishi will probably be building and selling wind turbines as part of this deal.

    There's nothing wrong with, though.

    • by JanneM (7445)

      Mitsubishi isn't a major shareholder in the bank from what it seems. It's a merger of several banks, one of which (Tokyo-Mitsubishi) was owned in part by the Mitsubishi group.

    • OMG, it's not altruistic? And here I was thinking that Japanese investors threw money around for the good of the planet.

      Phew! Thanks a bunch for clearing that up. I'm going to rip up my loan application immediately.

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