Comments on: Desal Bailout: Part 1 http://www.ocvoice.net/?p=349 Just another WordPress weblog Wed, 23 Sep 2009 23:57:53 -0600 hourly 1 http://wordpress.org/?v=3.0.1 By: Milt Dardis http://www.ocvoice.net/?p=349&cpage=1#comment-118 Milt Dardis Wed, 18 Mar 2009 06:15:53 +0000 http://ocvoice.wordpress.com/?p=349#comment-118 Great article. Now with the Poseidon Franchise coming before the City Council will it just be a rubber stamped approval without any due diligence, Who is Poseidon Resources and what is their capitalization. To me it’s a house of cards. Show me the Balance Sheet, Income Statement, and Cash Flow statement or are they insolvent. If the City knowingly signs off on the Poseidon Franchise Agreement and Poseidon Resources is an insolvent corporation, there is no legal recourse since you knew the company HAD NO MONEY. Where is dh Don Hansen who knows how to read a Financial Statement. Would he allow his company to finance Poseidon Resources Notice creditworthiness of Poseidon Resources is never discussed. Why? Milt Dardis Ethics: We have not stinking Ethics Great article. Now with the Poseidon Franchise coming before the City Council will it just be a rubber stamped approval without any due diligence,

Who is Poseidon Resources and what is their capitalization. To me it’s a house of cards. Show me the Balance Sheet, Income Statement, and Cash Flow statement or are they insolvent. If the City knowingly signs off on the Poseidon Franchise Agreement and Poseidon Resources is an insolvent corporation, there is no legal recourse since you knew the company HAD NO MONEY.

Where is dh Don Hansen who knows how to read a Financial Statement. Would he allow his company to finance Poseidon Resources Notice creditworthiness of Poseidon Resources is never discussed. Why?

Milt Dardis
Ethics: We have not stinking Ethics

]]> By: Evan Little http://www.ocvoice.net/?p=349&cpage=1#comment-117 Evan Little Tue, 17 Mar 2009 18:53:30 +0000 http://ocvoice.wordpress.com/?p=349#comment-117 Wonderful post, John. It's absolutely insane that we're exploring desal already. We're constantly relying on expensive, energy intensive technology instead of looking at how our communities could make small changes. Our award winning internationally recognized groundwater replenishment plant in Fountain Valley is not a technological achievement, it's a sure sign of our terrible water management. Approximately 70% of our water goes to landscaping. Mandates are FINALLY making there way to our cities, but the County should have acted long ago. Thanks a lot, water district and energy lobbyist for convincing our decision makers to choose the path of scarcity. We could drastically reduce our water consumption and take advantage of rainwater. YES, rainwater. Our groundwater basin is starving for more water, but we've covered our landscape with impervious concrete and designed our storm water systems to rush valuable water straight out into the ocean. Wonderful post, John.
It’s absolutely insane that we’re exploring desal already. We’re constantly relying on expensive, energy intensive technology instead of looking at how our communities could make small changes. Our award winning internationally recognized groundwater replenishment plant in Fountain Valley is not a technological achievement, it’s a sure sign of our terrible water management.
Approximately 70% of our water goes to landscaping. Mandates are FINALLY making there way to our cities, but the County should have acted long ago. Thanks a lot, water district and energy lobbyist for convincing our decision makers to choose the path of scarcity.
We could drastically reduce our water consumption and take advantage of rainwater. YES, rainwater. Our groundwater basin is starving for more water, but we’ve covered our landscape with impervious concrete and designed our storm water systems to rush valuable water straight out into the ocean.

]]>