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Why I’m ALL-IN On Tesla Stock

newtboy says...

No, the point of discussion to come to an understanding IMO, not to just argue.

You KNOW this, eh? I think you just believe that, but Ok, then where do we get a well functioning reserve bank? We certainly don’t have one now, we don’t even have a fully staffed reserve board capable of doing business. The gold standard isn’t constantly relying on a functioning fed….good thing because we haven’t had one for decades and don’t seem likely to have one anytime in the near future….by design.

Coin clipping went out with edge minting. Please. Nobody was using pieces of 8 of $20 coins.

vil said:

That is the point of discussion, right?

I know a true gold standard is inferior to a well functioning reserve bank issuing paper money and an international exchange standard based on mutual trade agreements.

I am not sure I can explain it well or convince you, but I like you so I try.

Unfortunately the matter seems to be complicated.

The fact that something has, as you put it, "real" value is actually a bad thing, as clipping gold coins is as old as gold coins.

So let us assume gold coins are out and we are going to use some form of symbolic money...

Nope this will not fit in this thread.

Why I’m ALL-IN On Tesla Stock

newtboy says...

A German mark had value….until it didn’t. Your opinion of “fiat money” isn’t universal by any stretch. You say it’s universally better. I wholeheartedly disagree, and point to Germany and Venezuela as proof. They aren’t outliers either, (looking at Africa).

Gold is useful and valuable. Digital footprints aren’t. Paper notes aren’t. Printed circuits, connectors, anti oxidation, actual physical money, jewelry, etc. gold has intrinsic value, a dollar bill has about 13210 joules, so its intrinsic worth is about 1 small 1 gram stick as kindling and little more….no matter if it’s a $1 or $500 bill or a check for billions. Again, see Germany, where bills were more valuable as firewood than money.

This deflation idea again. Give me 3 examples of deflation harming/ending a nation on the gold standard please, I’ve never heard of it happening. (Edit: as far as I can find, I’m no economics professor, for the most part the gold standard was abandoned worldwide in the early 1930’s and the last remnants removed in the early 70’s by Nixon)

Explain how unsecured notes guard against speculation….don’t just claim it. I don’t see it, people made a mint short selling Venezuelan (and other failed) dollars….speculating they would crash….they did. What?

GDP is the metric that imparts value to unsecured notes offered by countries.

I think you had a mini stroke, the paragraph starting USofA is a word salad with no meaning.

Name 3. I named Germany post ww1….they didn’t get to borrow or ignore their debts. What are you talking about?

So, the only ones that don’t/can’t borrow are all the ones that need to.

Pretending basing your dollar on Bitcoin is the same as basing it on gold is outrageous idiotic bullshit. Just nonsense. Utterly moronic and pure fantasy. Don’t try moving the goalposts, that’s what you said.

Yes, the fed will take gold. They don’t take Bitcoin, do they? How about shells? Pebbles?

Jesus, you just want to argue. You’re rambling, switching positions and going off on tangents.
It’s not about whether someone might accept it, it’s about whether it’s universally accepted at one value and about holding its accepted long term value. People once gladly accepted beanie babies as payment….stupid people.
Arcata Ca printed up Arcata dollars….you could get them cheap, businesses took them. Wanna put your nest egg into them? You say that’s good money, as good as dollars. I’ll sell them to you for gold, and let’s see who’s doing better in 10 years. Or I’ll sell you pebbles for gold. Any currency you want, I’ll sell you for gold. How’s that working with pebbles or shells? Can you buy currency with them?

It has everything to do with how much it’s worth. Stop jumping subjects because your point is failing to convince. An economy based on pebbles fails because their neighbors don’t value pebbles, but if their pebbles are gold, they succeed because gold is valued universally.

What are you talking about, the gold standard’s ability to keep up? Huh?! No keep up necessary, no slow down required, gold trades exactly as fast as everything else. What is this nonsense?!?

You mean you can’t overspend and go deep into debt?! And that’s bad?! In your opinion, not many economists….and what makes you think you can’t borrow against gold? Secured loans are easier and cheaper to come by. WHAT?!?

Yes, unsecured paper money can just be printed forever, you CAN “sell the universe”. (Or sell dollars who’s overall value is based on your country’s value) over and over, then print more and sell 9/10 again, print more, sell again. Eventually that money is worth less than it costs to print, and your creditors get paid off in dollars worth a tiny fraction of what they lent you. Not if it’s backed with gold.

Miracle cure?!? Quote it. I think you misread. Secured notes being better than unsecured notes is not “miracle cure” or perfection, it’s just measurably better, safer, and more stable. No system is perfect.

vil said:

A dollar has value if you can buy shit for a dollar.

Gold likewise has no exchange value if you cant exchange it for goods and services. Its rare and chemically stable and good for memorial coins, has many technical uses and looks cute, but otherwise it hardly matters what symbol for money you choose. There is 200 years of experience with fiat money and gold and silver standards and fiat money has been better, not just usually better or better in some scenario, universally better.

Symbolic money is practical and facilitates quicker turn around prevents deflation makes speculative runs on currency harder and smoothes the economic bumps in the road in general.

GDP is just a metric. Not a bad one but not the actual goal.

USofA is teh most developed. Should have used growing. Deflation in an economy that is growing kills growth.

Restarting countries not only get to ignore their debts, they immediatelly start borrowing again.

The only countries that dont borrow are countries no-one will lend to and countries so rich in some silly resource they can float high in the international currency system without borrowing. Borrowing is good for bussiness.

What is outrageous idiotic bullshit? Believing pegging the value of your paper note to some hoarded luxury makes it a better representation of the mean value of goods and services bought and sold? I could do without gold except for the jacks on my audio cables (just kidding). It does not matter what I exchange for food and gas, if it gets me food and gas, its good money.

Money is what you can pay taxes with. Do they take gold?

If you insist your dollar has the value of some weight of gold how does that influence the willingness of someone else to sell you shit? Unless they specifically intend to buy gold at a fixed price they dont care. They are going to use your dolar to buy some other shit from someone else. So if you take the actual currency out of the equation, when you decide on buying and selling shit you are intuitively comparing that decision with all the other decisions about buying and sellin that you know of. The currency is just a good way to count the measure of usefullness of a product or service and compare among many. Pebbles, bottletops, dollars, gold, pearls, all just a number.

A dollar could be backed by gold or it could not, this has zero impact on the transactions made. What matters is how many transactions are made, at what value, and how much money is available to the entire marketplace in a given period of time. Transactions quickly pass the ability of a gold standard to keep up. If you want a gold standard you have to slow transactions down because you dont have the money for them.

This is why markets need some regulation, otherwise someone might sell the universe twice and then default on one. But a gold standard, at least the type of gold standard I believe was talked about in this thread as a miracle cure, would be too limiting.

eric3579 (Member Profile)

newtboy says...

Right? A bit too close to accomplice for my taste.

I think the same way about slim Jims. Only tow truck drivers and cops have a legitimate use for that tool, and I’m pretty certain people have been charged for having them (possibly in conjunction with getting caught in the act of breaking into cars though).

I’m pretty sure a tool specifically designed for breaking locks open and useless for anything else would satisfy the “intent” portion. A good prosecutor could successfully argue that point. A screwdriver might be carried for any number of uses, this is only for opening locked stores (the only places with those kinds of locks that I can think of). It’s certainly enough for arrest if not conviction.

eric3579 said:

He's not selling "burglary tools" anymore than Home Depot is, but i know what you're saying. It sure doesn't feel right for him to sell what he does.

By California law it's no more a burglary tool then a screwdriver is. Intent to break in must be proven for the tool to be deemed illegal to be in possession of. California Penal Code 466

New Rule: First Lady Barack Obama | Real Time (HBO)

newtboy says...

OMG! Republicans can’t argue successfully against reality, and have no platform or ideas to run on, so they’ve taken this joke of an idea and are claiming it’s true, Michelle is running for president, and SHE could win in a landslide, so send us money.
Here’s their fundraising letter….

“Yep. You are reading this right. Michelle Obama is running for president in 2024. left wing Democrats know they are going to lose their majority in Congress this November, so they want to bring out an Obama to save them in 2024. We did not believe it when we first heard, rumors are spreading like wildfire that a certain someone, someone who already spent eight years in the White House, is thinking of running for president in 2024.”

Of course, there’s absolutely zero truth to this, and Michelle has consistently said she has no interest whatsoever in holding ANY public office, but it’s easy to scare idiot Republicans into being terrified by a strong intelligent black woman and out of their money.

newtboy said:

Elect Michelle president, Barak VP. Why keep an unpopular front man?

bobknight33 (Member Profile)

JiggaJonson says...

Just incase you're afraid of- you know- facing reality

========================================


IQ testing and the eugenics movement in the United States

Eugenics, a set of beliefs and practices aimed at improving the genetic quality of the human population by excluding people and groups judged to be inferior and promoting those judged to be superior,[39][40][41] played a significant role in the history and culture of the United States during the Progressive Era, from the late 19th century until US involvement in World War II.[42][43]

The American eugenics movement was rooted in the biological determinist ideas of the British Scientist Sir Francis Galton. In 1883, Galton first used the word eugenics to describe the biological improvement of human genes and the concept of being "well-born".[44][45] He believed that differences in a person's ability were acquired primarily through genetics and that eugenics could be implemented through selective breeding in order for the human race to improve in its overall quality, therefore allowing for humans to direct their own evolution.[46]

Goddard was a eugenicist. In 1908, he published his own version, The Binet and Simon Test of Intellectual Capacity, and cordially promoted the test. He quickly extended the use of the scale to the public schools (1913), to immigration (Ellis Island, 1914) and to a court of law (1914).[47]

Unlike Galton, who promoted eugenics through selective breeding for positive traits, Goddard went with the US eugenics movement to eliminate "undesirable" traits.[48] Goddard used the term "feeble-minded" to refer to people who did not perform well on the test. He argued that "feeble-mindedness" was caused by heredity, and thus feeble-minded people should be prevented from giving birth, either by institutional isolation or sterilization surgeries.[47] At first, sterilization targeted the disabled, but was later extended to poor people. Goddard's intelligence test was endorsed by the eugenicists to push for laws for forced sterilization. Different states adopted the sterilization laws at different paces. These laws, whose constitutionality was upheld by the Supreme Court in their 1927 ruling Buck v. Bell, forced over 60,000 people to go through sterilization in the United States.[49]

California's sterilization program was so effective that the Nazis turned to the government for advice on how to prevent the birth of the "unfit".[50] While the US eugenics movement lost much of its momentum in the 1940s in view of the horrors of Nazi Germany, advocates of eugenics (including Nazi geneticist Otmar Freiherr von Verschuer) continued to work and promote their ideas in the United States.[50] In later decades, some eugenic principles have made a resurgence as a voluntary means of selective reproduction, with some calling them "new eugenics".[51] As it becomes possible to test for and correlate genes with IQ (and its proxies),[52] ethicists and embryonic genetic testing companies are attempting to understand the ways in which the technology can be ethically deployed.[53]

Disagreement About Masks at Christmas 2021 in Math Class

newtboy says...

@bcglorf
Reading bible passages in class as “something we can all agree on” is the definition of proselytizing to a captive audience….and outside of private religious schools is totally inappropriate.

It’s not “fun” to be ostracized in public because you believe different mythology or are smart enough to ignore all stone aged mythology…..really only disbelieving one more myth than the believers.

Getting the season completely wrong because you don’t know it was chosen to make it easier to use religion as a political tool is a bit different from “the exact date being inaccurate”. It’s an outright, bold faced, well documented lie, created as a political ploy from the 4th century used to degrade and absorb Zoasterism/Mithraism in order to control the masses politically. That is absolutely a “credibility” issue, and if you don’t get it, that’s an education and/or ethics issue. Christianity has many major credibility issues, being “created” (codified) as a political tool is just one of them. Stealing almost every bit of the mythology from previous religions and denying it is another.

Yes, the misuse of Fauci clips out of context is another issue of truthfulness here, but those who are intentionally ignorant of the reality they just lived through are lost and not worth wasting my breath on. As anyone with two brain cells knows, the first, “you don’t need to wear a mask in public” was recommended at that time because a massive mask shortage meant health care workers had to reuse paper masks sometimes for months during a major pandemic, (and clearly they needed priority on the limited supply) not because we had information saying they weren’t useful….but that’s a minor detail of history I feel only brain dead ignoramuses consider in question, relevant, or factual, and they have discarded fact, truth, reason, and logic in favor of their cult of personality….so there’s no real point arguing with them. Just let them get Covid and hope for EIA.

Preaching one religion in a public class room and claiming “we all agree” is a continuation of a much more pernicious, long term, continuing battle for the religious freedom our country was founded on, and I find it outrageous and anti American that you dismiss it as nothing. I can only hope your children’s teachers aren’t a vastly different, contradictory religion than you and they don’t teach your children that everyone agrees with their religion, not yours, and don’t use proveable fallacies to make their point….but if they do I’ll be here to dismiss your concerns.
🤦‍♂️

bobknight33 (Member Profile)

newtboy says...

OMG! Rand Paul actually uncovered the Democrats secret method for stealing elections….convincing likely voters to vote, and convincing them to vote Democratic….making it easy to legally vote, then actually COUNTING those perfectly legal and unaltered votes!
Holy shit. What a subversive plan to steal elections. Republicans are incensed, apoplectic at this perfectly legal and ethical ploy and vow to stop it.

The same Republican leader who recently argued…. "The idea of democracy and majority rule really is what goes against our history and what the country stands for."

Jesus
Fucking
Christ

🤦‍♂️

Uh WTF

newtboy says...

Why are you such a dishonest idiot, @bobknight33? Seriously. Why? You aren’t good at it, you never convince anyone with your lies, you just get called out for lying over and over and over and over and over and over…….

How many videos have you had discarded for negative votes? I’ve never had one I can recall, I think most here can say the same. (Edit: 59, bob. You’ve had 59 videos discarded by the community. I’m certain you hold the embarrassing record.)

If we had Facebook rules about spreading idiotic blatant lies, you would have been banned before Obama was elected.
Such mushbrained sour grapes from the resident whining baby. Nobody here has one second for your bat shit crazy, highly edited and photoshopped, as usual falsified Qanon propaganda. Take it to Trump’s “truth social” where lies are acceptable but facts about the platform or Trump are not allowed.

(Funny how you guys like to name your corporations words 100% contrary to the company mission, like truth social where no fact checking is allowed but any crazed dishonest propaganda is, or Fox News where they have no news, only opinion, and only opinion they successfully argued in court is so outrageous and insanely hyperbolic no reasonable person could possibly believe it…the same is true but worse for Newsmax, and worse agin for OAN.)

bobknight33 (Member Profile)

newtboy says...

Yes, duh Bob.
Trump polling at 36% was worse, so you just claimed fake polls. He inherited a strong robust economy, a system to protect from epidemics, far less debt and deficit, and no pandemic…no crisis. I don’t argue Biden’s popular, like you do Trump despite reality, I only argue he’s a vast improvement, the best that could be hoped for under the disastrous circumstances one Trump term put the nation in.

The people coming, largely Haitians, almost all say they’re coming because they saw American politicians say the American borders are open and accepting everyone. Those are Republicans saying that, lying to get their base riled up, but the Haitians living in South America don’t know that, they think they are being invited by the Republicans. Look into it, you’ll see that’s true if you do. Biden sent many back to Haiti, Trump liked to dump them back in Guatemala to try again.
This energy independence myth, just quit. We were not. There was a world wide oil glut in 2020 because the pandemic lowered demand so much suppliers actually gave it away at one point….that was not some genius Trump energy plan bearing fruit, it was the economy and industry collapsing thanks to an avoidable pandemic. As the economy recovers, so does demand but not production. You seem to want to blame Biden for basic economics.
My gas is the same as 2019+-$.25….you want to compare to 2020 because gas was cheap thanks to Covid. Yours might be more for some political reasons, like your unprotected pipeline got hacked by Russians, but you need to prove it, then prove Biden’s failure caused it, not just say it, and not by cutting and pasting some talking head’s opinion. My assessment is he’s improved security on infrastructure but I’m open to evidence to the contrary.

Lowering corporate tax rates didn’t lower unemployment significantly, it raised upper management compensation and corporate profits. Investing in infrastructure will.

That’s good you don’t want to debate more Covid deaths, because there’s more than enough blame for both sides even if you don’t look at 2020 that was all Republican stoked (anti mask, anti social distance, anti contact tracing). Keep in mind, since Jan, >90% of all cases are in the intentionally unvaccinated population, almost 100% of deaths, and remember who they are and who they follow…not Biden. Covid deaths this year are nearly 100% caused by political division and misinformation created and spread by one political side. Guess which. That’s not to say Biden’s perfect, he should have implemented vaccine mandates Jan 21, no exemptions without permanent quarantine, what was needed to stop more deaths by stupidity, but he doesn’t have the balls for dictating. You should be so grateful for that.

Blaming the Chinese without proof, or even evidence they are to blame, just supposition, is outrageously dangerous and provocative. Accusing them of creating and releasing it on purpose….against themselves….is simply asinine and proof you aren’t thinking for yourself or at all.

Mid terms always go to those not in power, so yes, 2022 will likely return congress to partial Republican control, which you will call a massive mandate against Biden unlike when it happened in 2018 and you just whined that it’s unfair.

>26% of Americans are Republicans. The rest are what you call socialist communists because you don’t know what those words mean. Your party does not represent your (alleged) country….and is shrinking. Democrats aren’t even my party, they are just the only achievable adversaries to the madness of the right at this point in time. Given a better option, I would jump….you can’t say the same. You’re deep in the death cult of personality the Right has become…a true believer.

Biden got money no president in my lifetime has to invest in America. Bridges, Roads, Airports, New water systems, Digital communication improvements, Overall improvements and long deferred maintenance of rail, New funding to fight increasing wildfires (Brandon)…all the things absolutely necessary for the nation to function as a first world nation. He’s already a big winner, and if we aren’t speaking Mandarin in 3 years he still will be. The fruits of his legacy will be enjoyed for decades to come, Trump’s legacy is economic failure, failure to protect from a preventable epidemic, massive unemployment, an administration so corrupt that the convictions of people in his administration or campaign almost certainly outnumber the prosecutions of members of all previous administrations combined while the severity of their crimes outweighs the combined national injury caused by all previous political crimes, and a division so strong one party actually tried to destroy democracy and install a dictator.

History is the judge of any administration, not the midterm, and history will look kindly on Biden, no so for Trump, mired in constant criminal scandal and failures to this day. The only president in our history to not peacefully transfer power, to be impeached twice, who clearly put his own interests above those of the nation at every opportunity. Death and division are his legacy.

Merry Mithra’s season.

bobknight33 said:

Biden’s poll numbers are better than Trump’s despite the disaster he inherited from Trump. Duh.???????????

Polling at 39% is terrible. Yep 60% of Americans think Biden is not good.
disaster inherited ?> Things are worse today then the day Biden took office.

Border crossing was under better control.
American finally had energy independence.
Gas was at least a buck less.
Really spending extra 20$ a tank is "better"
Inflation running between 4 and 6 %.


These are all bad for Americans. Biden policies created these failures.


4.2% unemployment is awesome. This will still great until Democrats mess with cooperate tax rates then the ship will slow back down.

I'm not even going to blame Biden Admin for more covid deaths under his watch ( even with vaccine) than Trumps. Its a loose cannon with ebbs and flows.

Not blaming the Chineese for this death cannon is his and the UN fault. Just goes to show how paid off people are on a global scale.

2022 will be the judgement of this administration.

bobknight33 (Member Profile)

newtboy says...

You always have to omit the important bits….and skew the rest. “ kid falls , His gun faces the guy” not “kid flees a crime scene, falls, and AIMS and shoots his rifle at multiple people, hitting two more and killing one of them”.

Kid chases, threatens, and murders man. Kid flees the scene of his crime, pointing his gun at anyone he sees. Kid falls. Man approaches. Kid’s gun faces dozens of people as he’s aiming at anyone near him. Kid shoots randomly at multiple people including some running away from him. Kid takes aim at the closest one, gun misfires, kid inspects and reracks gun while continuing to aim at the man who is reaching to detain him not trying to hit him or shoot him, and shoots him at point blank range even though no gun is EVER aimed at him….at one instant the victim’s gun is held in such a way that it’s within 45 degrees of being pointed in the direction of the thug/armed child whose gun is constantly aimed at him, but the victim’s gun is never aimed nor pointed AT him.

Liar.

You just can’t be honest…. your fault because your hyper biased and totally dishonest (to the point they’ve all successfully argued in court that no reasonable person could believe their obviously made up hyperbole, but you still do) “sources” never tell you the truth and you continue to act as if only they tell the truth.

Such a blatant racist race baiter. I know why your kids don’t like you. If Rittenhouse was black and/or a Democrat, you would be screaming bloody murder and calling for his immediate execution by firing squad, and prison for any who stand with him.

Federal prosecutors won’t file charges citing insufficient evidence that the officer willfully violated federal civil rights statutes (because the police stonewalled and didn’t give them evidence), NOT because shooting a man 7 times in the back because he had a knife but police approached within arms length anyway, intentionally putting themselves in harms way to create a position where they could claim they were in danger is a good shoot, but because they couldn’t prove it was a civil rights case with the police hiding their evidence and stonewalling federal investigators.

bobknight33 said:

Man chased kid, kid falls , His gun faces the guy, he puts his hands up, kid does not fire.

Guy then steps forward and points gun at kid, kid fires.
Kid showed great restraint and defends himself.

Just like Jacob Blake they all received just reactions.

Even Federal prosecutors announced that they won't file charges against a the police officer who shot Jacob Blake in Wisconsin last year

bobknight33 (Member Profile)

newtboy says...

Bob, it’s on video. Unedited video (unlike the kind your sources produce to create faux outrage), so not the kind you would believe. Facts aren’t for the right anyway, no wonder you can never identify them.

The defense attorney (not the prosecutor) argued in court on video that allowing another calm, silent, black pastor to sit with the family was equivalent to having the courtroom packed with white Colonel Sanders masked men.


Here’s news coverage..Starts around :24

Again, you dismiss fact because it’s not far right propaganda, but you believe Italian space lasers can change paper ballots through multiple layers of buildings and containers, that vaccines have mind control nanobots that are going to make you vote Democrat, but still want to congratulate Trump for getting them produced (even though he had nothing to do with producing them), you believe covid was an attack by China (that Trump failed to respond to even though it’s killed 3/4 of a million Americans), you probably believe eating babies grants eternal youth, I know for certain you don’t contradict those who do, you even believe Trump won an election!

Again, as usual, you just deny the truth any time it’s unpleasant for you. So sad, little man.

bobknight33 said:

Haven't been following it.
That being said The prosecutor job is to paint the defendant in negative light.

These are not facts.
Again you push false truth.

Kyle Rittenhouse Trial Week 1 Summary

StukaFox says...

I know for a fact -- through painful personal experience -- that at least in California, you can't go "looking for trouble". If this law extends to other states, the "self defense" argument is like arguing Kosher ham.

I can tell the story of how I know about the California law, otherwise I'll stop Face Booking here.

'Dead as a doornail' expression explained

BSR says...

I've heard the expression but never knew the origin.

But after watching this video I argue that if the nail is still doing its job it's not dead yet.

eric3579 said:

Did any of you old timers know this? I had no clue, but have used the saying all my life. It just rolls off the tongue so well.

Taiwan: Last Week Tonight with John Oliver (HBO)

newtboy says...

Such sad delusion.
You really have no idea what you're talking about and can only regurgitate Newsmax nonsense. Pretty certain you've been listening to the people that argued successfully in court that no reasonable person would ever listen to them.

bobknight33 said:

Biden isn't being bribed He is already bought.

Build back better is a nod to the Chinese CCP leaders to fully take back HK and Taiwan,

Bidens Build back better policies have only made America worse.

Inflation,
backed up ports,
loss of energy independence ,
the extra 15$ to fill up the car
Higher food prices ,
Empty shelfs.

Trump caused it?
Lets Go Brendon.

Republicans want everyone to succeed. Democrats want everyone to be a victim. And Biden and his party is making this true.

Mom Reads Sexually Explicit School Library Book to Board

BSR says...

So now you're an expert on deviants? You make it sound like a bad thing.

"Structural functionalism argues that deviant behavior plays an active, constructive role in society by ultimately helping cohere different populations within a society."

Perhaps "perverts" would serve you better.

bobknight33 said:

You know it Everyone knows it except deviants.



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