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These close calls are too close for comfort!

bobknight33 says...

When I was 15 riding my motorcycle on the road, I almost got ran over. My best estimate is that I miss getting ran over by 1/10 of a second. I did get banged up.

The guy was 92 and sued for damages. Went to arbitration and his layer showed but the guy had died from being old. The case was dismissed.

I still ride but this is always in my mind. It did change the way I ride.

Why I’m ALL-IN On Tesla Stock

bobknight33 says...

Duly noted.

Sift animosity aside, given and taken. I truly desire all to succeed.

Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.


I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.



You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.


I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.

Every hard crash recovers, eventually.

If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.

I do watch markets daily.


I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.

And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.

StukaFox said:

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

Watch The Tesla Plaid Go 0-160 MPH

newtboy says...

The sound of that V 12….priceless!


But Ok….NSX cheap enough? <$158k


Yes, electric is here to stay, but for performance, so are combustion engines. Electric will surpass them someday, maybe soon. Not yet. They most likely won’t completely replace them. Too much riding on and invested in fossil fuel technology and infrastructure to walk away completely, IMO.

bobarino said:

Cost of Bugatti Chiron: $3 million
Cost of Tesla Model S Plaid: $129,990

At the performance end of the car world, electric is here to stay

STUDY: $500 Per Month Life Changing For The Homeless

newtboy says...

How extremely unRepublican of you.

No strings, no hoops, no “no help until you get a job” type of nonsense!?
Who is this? You are aware all those strings and hoops are Republican additions to welfare laws, right?

Second, a set time limit for those on warfare!?! (I must assume that means companies that are part of the military industrial complex, riding high on that sweet sweet government cheese)

Holy shit, that’s pretty damn far left of you. Congratulations! I’m seriously impressed, and fully back that plan. If your business is making tools for war, it shouldn’t be a private business, it should be a department in the DOD. America doesn’t like war profiteering….or so we claim.

👏

bobknight33 said:

I'm for this.
If homeless this kind of $ is enriching. It has real meaning.

I am against all the government strings that end up keeping one dependent of government.

Just hand out to those in need.

As for people on warfare there only need to be a set time limit of benefits. Helping is great making people dependent is wrong.

Casey Juniors Coming Down The Track

newtboy says...

We have a steam train through the redwoods near us called the Skunk Train, an old logging rail that’s now for tourists. It’s a nice day trip into the woods between Ft Bragg and Willits, sometimes with costumed performances.
There’s another awesome one just inland from Santa Cruz with a redwood loop track in the mountains and a trip from the woods to the boardwalk (and back) on offer.
The Durango to Silverton (Colorado) steam train was another memorable trip, I went around 1980.

All gorgeous and fun rides. If you have the chance, ride a steam train.

bobknight33 (Member Profile)

siftbot says...

Congratulations! Your video, Holiday Ride | Chevrolet, has reached the #1 spot in the current Top 15 New Videos listing. This is a very difficult thing to accomplish but you managed to pull it off. For your contribution you have been awarded 2 Power Points.

This achievement has earned you your "Golden One" Level 30 Badge!

bobknight33 (Member Profile)

bobknight33 (Member Profile)

newtboy says...

What did I tell you!?! States rights! Suckers! Bwaaaahahahahaha!

“I am outraged by yesterday’s U.S. Supreme Court decision allowing Texas’s ban on most abortion services to remain in place,” Newsom said. “But if states can now shield their laws from review by the federal courts that compare assault weapons to Swiss Army knives, then California will use that authority to protect people’s lives, where Texas used it to put women in harm’s way.” Newsom said he will work with his staff, the Legislature and California Attorney General Rob Bonta to craft a bill that would let citizens sue anyone who “manufactures, distributes, or sells an assault weapon or ghost gun kit or parts” in California. They could seek damages of at least $10,000 per violation plus costs and attorney’s fees, Newsom said.

Read more at: https://www.sacbee.com/news/politics-government/capitol-alert/article256524466.html#storylink=cpy

I told you this would happen.

BTW, the Presidential coup Plan PowerPoint handed over by Meadows pretty much obliterated the lies that 1) it wasn’t an attempted coup 2) it wasn’t expected 3) it wasn’t planned 4) it wasn’t Trump supporters being violent and 5) the white house wasn’t directly involved.
Contemporaneous records of the planning, including texts to organizers and militias claiming that the national guard is poised to protect Trump rioters from arrest or attack….as if any non cultist needed more evidence beyond the live broadcast of the coup attempt, but now there’s publicly available physical documentation/evidence directly from the highest levels in Trump’s cabinet of their own direct involvement in the planning to overturn the certified election by fraud and force.….which I’m certain you will dismiss as fake news with no hint of evidence because your little brain can’t handle facts.

the PowerPoint laid out a plan to effectively use the military to steal the election outright, undeniably. That’s treason.

The plan was to use the military, specifically the national guard, declare a state of emergency, throw out most of the ballots from the 2020 election, and then have the national guard run by people that Trump handpicked himself count only the paper ballots that they deemed to be legitimate. essentially giving them a free ride to throw out any ballots that were for Biden. Only count the ones for Trump and boom, Donald Trump gets all the electoral votes. That's how the coup was supposed to happen. So again, these lawmakers were briefed on this two days before the capital riot. So they knew exactly what Donald Trump was trying to do, what his administration, what his friends, what his allies had suggested to him. There is no indication at all that one of these lawmakers alerted the department of justice, the FBI, local authorities, anyone, they had this information and they did nothing with it.

Any official who knew and didn’t report to the FBI or DOJ should be removed immediately, get the firing squad, and their entire estate (and their spouses estate, and minor children’s estates) seized. That’s a lot of Republicans.

Also, Fox hosts, the same ones who now claim Jan 6 was a peaceful picnic, families calmly touring congress, and it was BLM and ANTIFA and the FBI that perpetrated the violence that didn’t happen, were all frantically trying to reach the president to stop the attack on January 6, outraged he wouldn’t tell his supporters to stop attacking America, explaining how not acting to stop the coup was destroying his legacy and theirs.

ant (Member Profile)

Car Hauler Vs Amtrak train

surfingyt says...

top comment:

"To those who wonder why all crossings aren't rebuilt so that auto haul trucks specifically can clear them... first, this would cost an ungodly amount of money - for one specific type of truck. Professional drivers wouldn't let themselves get caught in this situation. Carhaulers ride very low and their drivers know this. They know this as a fact. I'm a 30-year veteran truck driver, and that includes auto haul, and there is no way a professional auto hauler would have even attempted to get over that sharp crest.

Trailers only bottom out if the drivers puts it there. Trailers only hit low bridges if the driver puts it there. In short, trucks only go wherever the driver puts them - and a low-slung trailer is a hazard the driver is responsible for knowing how to negotiate. Period.

Absolutely no sympathy for this idiot who could very well have killed any number of people. My thoughts are with the locomotive crew, seeing that truck looming ahead and knowing this could very well be the end of their lives and there's nothing they can do about it."

William Shatner's trip to space aboard Blue Origin's Rocket

Viral How Much Did Your Divorce Cost

newtboy says...

Lol.
She got out of a marriage she obviously didn't want to be in with you. I think she came out on top, no matter what it cost her financially (likely not very much).

If she had a lawyer and you didn't, but you kept more than half the marital assets, she obviously was willing to just leave with nothing just to get out, because she could have fought for more, but that would extend the marriage. That story doesn't make you the winner you think it does.

Really, it sounds like you got a house worth under $6000 and a dog, she got cash, her ride, and her freedom.

TangledThorns said:

I divorced my cheating wife without paying for a lawyer. She paid for one and I got to keep house and the dog, she got to keep her car and got $6, 000. I think she didn't want to push it as I had recording of her cheating, lol. Yeah, I think I came out on top.

When you are finally comfortable in a relationship

StukaFox says...

I WANT MY MONEY BACK!

If there's going to be a fart in a video, I want a pavement-cracking ripper louder than a ship's horn. I want a blast radius. I want weeping men and shrieking women. I want people 200 miles downwind to think Bhopal fucked Chernobyl and the offspring came blasting out of that woman's ass like The Four Horsemen riding out of Hell. I want sermons written about it. I want it commemorated in legends as epic as a Viking saga and as long-lived as The Canterbury Tales. I want it spoke of only in whispers. I want the Alpha Centuri LIGO to peg so hard that the aliens look at it and mutter, "Ohhhhhh, fuck..."

This was none of those.

This wasn't a full-on fart, it was an asterisks on a turd. This was a "tee-hee" fart, not a "OH JESUS FUCK -- EVACUATE THE WEST COAST AND CALL THE ARMY!" butt-blast. I'd be ashamed to call this one of my own; I'd wrap it in a blanket and dump it in front of the SPD station down the street so our Boys in Blue could take one look at it, sadly shake their heads, and forswear their sacred duty by tossing it in a dumpster.

Mordhaus, you promised me a fart video and you gave me two monochromatic outcomes of butter and corn syrup consumption babbling on; waddling parentheses around a feeble "pbt".

SIR, I DEMAND BETTER OF MY FART VIDEOS AND I -WILL- SEE YOU IN COURT!!

(I farted)

Cathie Wood 1700% Tesla & EV Growth WRECKS Legacy Auto

JiggaJonson says...

Don't get me wrong, I want all electric vehicles on our roads; but your lord and savior made it harder to buy Teslas https://fueleconomy.gov/feg/taxevb.shtml by allowing the tax credit to expire during his term

"Tesla vehicles purchased after 12/31/2019 are not eligible for these tax credits."

Hmmm who was president in 2019? Dunno. Dems are working on a plan to restore the credit to Tesla and GM, but I assume it'll be killed by McConnel and Manchin


Even WITH the tax credit, it's a hard buy for most of us. I just finished paying off my first new car @ about $25k, but I DO make trips longer than 250 miles in a day somewhat regularly. So even the $40k model wouldn't do for me. $52,000 is simply out of my price range. Shit, even 40k is too much for me. SHIT even 35k is too much for a person without a car payment as of a few months ago. No thanks.

I'm gonna ride this car until the wheels fall off, I get 43mpg and I'm satisfied with that.


Tesla stock meanwhile seems to vary wildly. Go get some boring mutual funds brother. Easy come easy go, they say.

How Polaroid Went From Celebrity Favorite To Bankruptcy

WmGn says...

Given the title, I wanted to see the "how" addressed: why did they ride one horse into the ground rather than innovating? Why did Land make such a complete departure?



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