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| High fives all around. |
Several fishing industry groups had challenged the federal decision to end the management program in two separate lawsuits. In Friday’s opinion, Judge Gee ruled against these industry groups by declaring that the law does not require the Service to continue a failed and harmful program.
More: https://www.indybay.org/newsitems/2017/03/07/18797141.php
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The commercial fishermen hate them. They eat the best sea goodies.
26 comments:
that picture looks like an otter salad to a passing Great White..
But... but.. "cute" and with 1.4b Chinese strip mining the oceans for protein we cannot let these predators deny the children.
As someone who goes to the islands and swims the area I welcome these critters as they munch incredible numbers of sea urchins which are IMO out of control.
made a big mistake today..fired up my old, old laptop (running Windows Vista)...tried to power down..but now it's trying to get caught up on updates...arggghhhh
Unplug it?
it says.."don't power down or unplug" during updates...
but I may have to..because it seems to have stalled out on "update 9 of 15"
Last reason to ever leave the house is now gone..lol
Amazon (NASDAQ:AMZN) is ready to do to the local liquor store what it did to the local book store. It is rolling out free beer and wine 2-hour delivery and $7.99 1-hour delivery for Prime Now members, starting in Cincinnati and Columbus, Ohio.
So CD rates should zoom up anytime since the robust economy is working. LOL!
Am I the only one concerned that the spike from 0.02% to 0.04% on deposit savings is going to allow interest distributions to exceed the FDIC deposit limits?
Crickets.
it's going to take careful tax planning not to let those 2 bps bump you into the next tax bracket.. ;<)
>So CD rates should zoom up anytime since the robust economy is working.
I wouldn't hold your breath on that.
Yeah, sure.
I have great confidence in the greats theft in history is far from over. It's my understanding that the credit unions have recovered and reduced their insurance cost have been reduced. FDIC I am sure will do the same very soon. LOL!
What great theft are you referring Too?
The ban is banned again.
Might as well just toss it then
You think the banks should just go bust? I think there are a bunch of bank bosses who should go to jail. perhaps bank support should be contingent on the top layer of execs leaving and prhibiTed from being in the banking biz. The. Fact they are doing cash out refis showed they learned nothing.
Happy St. Patrick's day!
Good Morning!
Yes and include politicians in the discipline for the insane policies with no over sight or not enforced. Current theft still existing is Interest rates for savers. Figure the loss between 5% and 1% over 10 years loss on a $100K and realize the effect on responsible retirees. Young people saving for a real down payment on a properly priced home.
Oops, Happy Day before St Patrick's Day.
I think my credit union could afford to raise dividends. I told the teller to tell management I was moving a big chunk out to be invested with the help of a financial manager
Compounded. In lieu of taxes, maybe.
Suddenly banks/credit union here won't negotiate CD's and don't care if your money walks and We have started to do. Old timers retiring and the young ones are in charge have change of attitude. Same FDIC insurance everywhere, the felling of who cares seems to be the norm. Bank stocks have way bigger dividends then savings rates.
I say get guvvie out of the deposit insurance business completely. Offer low interest govt insured savings accounts (maybe up to $50K) online (or maybe thru the post office (a'la Japan) if you need a physical location)...banks can offer savings accts at higher rates if they'd like..but no govt insurance.
With no FDIC to worry about..bad banks can go bust (like any other business)...no (or little) impact to taxpayers.
Nothing wrong with the FDIC IMO it did it's job. The good was they raised the banking and savings deposit limit to $250K. What I suspect is banks don't need deposits as a source of money to lend as much as it did in the past. The FED's pumped way to much money into the banks and they just barrow from each other plus how much stock does a bank sell compared to pre bust?
without FDIC..you wouldn't need bank examiners, or capital ratios, or SOX, or any of that nonsense. Banks would have to abide by basic business laws (FTC)..but that's it. They'd be just another business you drive by every day with no taxpayer skin in the game.
FedGov already sells treasury bonds/bills online (Treasury Direct)..so it wouldn't be that hard to add cd-like products to the mix. Now that I think about it..you wouldn't even need a max limit (~~250K)...
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