And by “in a sense pork” you mean you don’t know what it’s for so you dismiss it as waste, not money for outrageously badly needed water infrastructure, airports, ports, bridges and tunnels, high speed internet, internet at all in rural areas, etc.
We need to spend that much every 4 years to keep our infrastructure up, we haven’t invested in infrastructure for decades.

Trump spent more on nothings….trillions on Covid because he fucked the pooch so badly by ignoring and dismissing it, billions on fences that haven’t slowed immigration one bit, it’s worse than before, trillions on stupid trade wars that didn’t get us better trade agreements, untold trillions in permanent lost production thanks to completely disastrous “leadership”, people still dying today because he fostered a conspiracy theory mindset in his people that lead them to the stupidest most dangerous and destructive conclusions possible, need I go on, I can.

Similar to his answer to the question..”do you think this (Putin invading Ukraine) is evil.”

Trump “I think in 100 years people are going to look back and they’re going to say “how did we stand back and nato stand back” which in many ways I’ve called a paper tiger don’t forget I rebuilt nato because when I became president the first thing I noticed when I went there to the first meeting was that most of the countries were not paying or were paying far less than they were supposed to. There were only 8 out of 28 countries that were paid in full the United States was not only one of them, we were making up the deficits in order to protect Europe. We were paying POSSIBLY 80% of nato to protect them and then they take advantage of us yet on trade because on trade they’re every bit as bad as Gina. They treated us very badly on trade. We changed a lot of that around but they were very tough on trade I asked, Angela Merkel how many chevrolets are you selling this month in Munich or Berlin, and she looked at me and said “well probably none” I said you’re exactly right, none and yet we had the Mercedes Benz and the Volkswagens and all of them. We had all of the German companies, and the same thing with farmers, our farmers sell virtually nothing to Europe, you take a look at what we sell and yet we take their product.
They treated us very badly in trade and we defended them and we really if you look at the real numbers I bet you it’s close to 80% and I said “you have to pay and if you don’t pay we’re not going to defend you, and it’s one way or the other I knew Putin very well…almost as well as I know you, Sean, and I will tell you, we talked about it. We talked about it a lot. He did want Ukraine but I said “you’re not going into Ukraine”. He would never ever have gone into Ukraine and President Xi of Gina would never have even thought about going into Taiwan ..not doing windmills because they’re killing eagles. They’re killing the bald eagles and other eagles and other birds and we have these windmills all over the place and the environmentalists pretend they love them, but they’re really hurting our country they’re driving down values, they’re just absolutely killing us it’s one of the most expensive forms of energy…the turbines are all made in Gina or Germany, so they get the advantage of that….it’s…uh…just ridiculous but the real problem…”

Again, the question was “Do you think this (referring to the Russian invasion) is evil?”
This is the second interview where Hannity asked him that very question and he completely ignored it to ramble nonsensically.

Just as rambling, disjointed, fact free, casting blame, flattering himself, and completely ignoring the question because he cannot say anything rational, certainly nothing remotely against Putin or the pee tape goes public….or something worse.

@bobknight33…this is you guy? This is want you want? Mr stream of consciousness word salad spewing Trump? My 97 year old grandmother could still think and talk circles around him with her teeth out … and she’s been dead for 8 years.

Already proven that Trump tampered with the official call log in the whitehouse because phone calls on record to senators from the whitehouse, on their official call logs from the WH number, we’re not on the call log Trump’s team turned over (with 7 hours of calls erased).
Proven within days to be a fraud, obstruction of justice, and creating a false government record for the purposes of court.

This is you guy. This is you pick?

Yeah yeah, I know….”BUT HUNTER” you say. Sorry buddy, Hunter isn’t in the government, doesn’t work for the president, and is a private citizen, so keep going after uninvolved children of politicians, it doesn’t tarnish Joe one bit, and so far hasn’t produced anything against him, only baseless accusations that he might have used daddy’s position for personal gain, not something the Trumps want criminalized to be sure, since we have the recordings of them doing exactly that.

Unlike the Trump crime family that absolutely took in hundreds of millions in gifts and sweetheart deals from (hostile) foreign nations while working for the administration and during trade negotiations they were involved directly in….that’s normally called bribery, and it’s not a guess or fantasy, it’s public record….and they did work for the government in as nepotistic a way as possible.

Still no answer to posting an insanely edited misrepresentation video….no surprise. You’re an infant. A dishonest racist and sexist infant propagandist.

Yes Bob.
Because she’s a black woman, you can’t accept that she’s accomplished, that she earned her position. That is racist and sexist. I know your little brain has trouble figuring that out.

You are a blatant racist piece of shit. Evidence: your comment above and all previous racist comments
You are a blatant sexist piece of shit. Evidence: your comment above and previous sexist comments
You are an ignorant, moronic piece of shit. Evidence: all your previous comments
You are a pro Putin, anti American, anti democratic piece of shit. Evidence: many of your previous comments.
Plenty of hammer and sickles, Russian, and nazi flags at your far right rallies…for years now. Not found at Democratic rallies, you dumb shit.

https://www.independent.co.uk/news/world/americas/donald-trump-cpac-russian-flags-speech-republicans-support-president-latest-a7598276.html

Better red than blue is a Republican slogan, you lying piece of shit.
We should be friends with Putin and let him expand is a Trump position, not Biden dumbshit.


All those are insults to shit and complimentary to you….better than you deserve. You lying worthless waste of skin. Fuck you you liar.

All delusional nonsense bullshit Bob. How many Republicans went on international tv to tell those immigrants the border is wide open, starting new waves of immigrants? Not one Democrat did that.
Energy independence is a lie, we never stopped importing oil, you liar. We produce more oil today than under Trump.
Inflation is a Trump legacy, idiot. It will get worse. That’s the problem with just printing 1/3 of every dollar over 4 years, it makes every dollar worth 1/3 less. Trump did that, not Biden. When inflation hits over 33%, we can talk….until then keep your ignorant whining to yourself.

Trump spent far more money than any two terms of any administration and for that we had a recession, 750000 dead, Russia expanding, a useless wall that hasn’t stopped a single immigrant, inflation through the roof, negative GDP, skyrocketed unemployment, an insurrection, etc. Nothing good to show for it, no investments in America, just failed trade agreements, wasteful spending like drunken sailors, huge debt, loss of international standing, loss of allies, recession, and unprecedented death.

Anti immigration = anti American. Anti democracy = anti American. Pro Russia = anti American. Pro China = anti American. Vote fraud = anti American. Insanely high deficits = anti American. Doubling the debt = anti American. Tax breaks for the rich = anti American. Removal of social safety nets = anti American. Racism = anti American. Sexism = anti American. Fraud = anti American. Insurrection = anti American. White Nationalism = anti American. Suggesting the death penalty for people not even charged with a crime = anti American. These are all Trump policies, bob.

I paid less for gas last week than I paid in 2019, dumbass. $5 a gal for super.

I know you don’t remember, because it wasn’t yesterday, but Trump policies caused all your issues…including your panicked insanity. Trump was the worst president in history by far by almost every measure. Biden is an unqualified success by comparison, and you can’t stand it so you go off on insane sexist racist rants, like accusing the accomplished professional VP of sleeping her way to the top despite not having a clue with who or how that could work in public office.

Edit: Here’s your chance, exactly who do you claim she slept with to be elected VP? 1/2 of America? The entire DNC? Who? How does that work, exactly? (Don’t worry, no one expects you to be able to answer, we know you don’t have a clue, and that you can never back up your hysterical delusional racist claims).

Biden removed the national cancer. He’s a winner no matter what else happens.
Trump will always be the biggest loser, the worst president in history by far. He made W look reasonable and competent! Deal with it.

Edit: oops…I missed the part where shipping logistics are now Biden’s fault, even though the issue began in 2020 and is purely in the private sector. I guess you are upset Biden hasn’t nationalized the ports so he can take control? Same complaint about the oil industry. If it’s Biden’s issue, you must be suggesting he take charge, and the only way possible would be by the nationalization of private industry. Who’s the socialist? ROTFLMFAHS!!!

Coming up next: Putin claims this is an Ukrainian propaganda video forcing a confession under duress/a staged act or whatever hell Putin want to say it is, and most of the old gen Russians will believe him.

Meanwhile, the Blues in America keep on gaslighting POC victims into false statements to keep as many of them in jail to the detriment of the victims, tax-payers, the justice system, and society-at-large, while criminals still walk free and private correctional services providers make a killing.

It's all the same trick of the trade.

Newt has it researched as usual, some minor points:
- Ukraine is in the UN
- Ukraine in its pre war state could not get into the EU, there are economic criteria for that to have a chance to work. What was proposed was a free trade zone and economic help. The EU was slow as fuck. The Ukrainian political situation was volatile.
- Ukraine could not be admitted into NATO after 2014 as it was already in a proxy war against Russia.

What a US president with a brain could have done in Trumps term was broker a deal with Putin that would make land concessions to Russia (russian speaking regions based on referendums maybe?) in exchange for future EU and NATO affiliation for the rest of Ukraine with vague promises of weapon and troop movement limitations. Nearly impossible but it could be tried if one stayed a step ahead of Putin.

Trump patted him on the back instead and took selfies.

No, he lucked out, but Trump’s foreign policy was worse. He just capitulated to international thugs, cozied up to them except Iran. That’s why Ukraine was already occupied and Crimea recognized. It’s why N Korea advanced their capabilities so much. It’s why the Taliban gained so much power in 2020. He actually claimed China used biological warfare against us (utter bullshit, but his position), but made no moves against them in retaliation. No wars happen if you don’t oppose our enemies.

Biden isn’t my god, he’s far from perfect, he’s just an improvement. Being instrumental in opposing Assad gassing his own people is a bad thing? I was disappointed we didn’t depose him quickly with international support.

The Ukrainian parliament threw Yanukovych out in Feb 2014 on the grounds that he "has restrained himself from performing his constitutional duties" and effectively resigned. He had surprised everyone by abandoning an agreement made with Europe to be part of a free trade union, shocking the country, and instead intended to strengthen ties with Russia, and had been murdering protesters in the streets when he fled the country.

The people of Ukraine and Russia will suffer. Germany too. Probably all NATO nations….and all countries dependent on Russian aid.

My idea would have been to threaten Putin months ago that if one MORE Russian soldier or piece of military equipment crosses the border into Ukraine, we will fast track Ukraine into the UN immediately, permanently recognizing their actual borders, if he doesn’t send more military, we can negotiate peacefully with UN status on hold…and get solidarity with our allies on the plan. Maybe simplistic, but it’s what he fears, use it.

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.

When you cancel a project, you don’t lose the money, you just don’t spend it. Really?!

I’m guessing you think I’m “urban” (racist code in the US btw, might wanna go with “city folk”). You would have guessed wrong. The nearest town to me is Eureka, 25k people 25 miles away.

You just don’t understand money if you insist canceling a billion dollar project is the same as losing the same amount of money. Edit: that’s only true if it’s canceled after it’s completed.
I’m using the figures Auto manufacturers gave as their lost production value, not including the collateral damage temporarily closing those plants cost the communities and both up and down supply chains.

Funny, you don’t include hospitals, which the truckers also reportedly blocked.

Protests can be permitted. If you’re disrupting someone else’s or public property without a permit, expect arrest for trespassing/breaching the peace at least.

Odd, if that’s really your position, why would you defend the truckers rights to blockade a city of worksites, job sites, and trade routes…reasons be damned?!?

I’m of the opinion that protests designed to disrupt the lives of people completely uninvolved in your cause always hurt your cause and make you look selfish. I tend to not defend self centered tantrums. I do not put pipeline protests in that category, permanent contamination of watersheds effects everyone, and almost everyone buys oil.

@newtboy,

??? How exactly do you figure cancellation of a billion dollar project is no where near the economic cost of blocking a border crossing for awhile at similar cost???

I'll tell you what the difference in Canada is, the dollars lost from the pipeline were being lost in Alberta, the dollars lost from the convoy were in Ontario. In Canada we've got a pretty sad history of if it happens to western provinces, it doesn't matter. Much like the urban/rural divide in the US. The response is pretty similar as well, the urban side just laughs at the loss of the stupid backwards country folk. When the same thing hits them though it's a national emergency.

I've tried pointing out costs and your just rejecting them out of hand , while whole hog accepting the highest estimates for the convoy cost as gospel truth. Like the literally a company walking from a multi-billion dollar project and you insist that's nothing and the days the border was blockaded clearly must have cost more...


For years now I've insisted that illegal blockades of worksites, job sites or trade routes should be met with prompt arrests and re-opening of the route/site.

Until January of this year, the entirety of the Liberal minded half of my country(Ottawa centric) called that authoritarian, repressive and were against the notion. Now I find myself in a weird spot, as suddenly that same crowd DOES want that action and more to be taken promptly. And the conservative crowd that agreed with me before is now kinda walking things back.

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.

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.

All in on one stock is not smart investing. Not one bit. Never. Ask anyone who invested in the highly profitable Enron stock. You might get lucky, and you might lose everything.

S&P beat Tesla by over 10% last year. If you bought Tesla last November, you already lost 1/3 of your value.

S&P also doesn’t have the highest PE ratio of all large public companies trading today at >175. (20-25 are considered good PE ratios, over 30 is overvalued, under 15 is selling at a discount)
Bubbles burst. Just saying.

The issue is the wrong guy, a dishonest blowhard trying to cover his own failures, claimed this early on with absolutely zero evidence. It was a clear dodge, his normal MO. Refusing any responsibility for ending the international pandemic response team that would have been able to actually say when and where the outbreak started, and likely be able to keep it relegated to one small area in China. By blaming it on a Chinese lab, actually saying it was intentional, he deflects from his abject failure to protect America from a clear, obvious, incontrovertibly deadly threat on the horizon….or any time after it’s discovery.
Were the Chinese studying Covid, yes, so were we. That’s not an indication of where it came from. There’s no evidence it came from any lab, only supposition at best.

Edit:Even if the guess that it came from a Chinese lab is correct, it doesn’t excuse one second of Trump’s (lack of) response and outright denials for months-years. The origin has nothing to do with the danger level, in fact, if it WERE enhanced/created in a lab as he claimed, that’s more reason to consider it MORE dangerous, not reason to claim it’s just a cold or mild flu and will disappear like magic in a few weeks. Granted, it was fun to see him (only after his trade deal fell apart) blame this deadly virus on the Chinese as an unforgivable deliberate act of germ warfare and accuse them of minimizing the danger and hiding the size and severity of the outbreak and in the same breath claim it’s nothing to worry about, not dangerous, probably not deadly, not worth any action to protect against, and just a minimal annoyance soon to disappear….but also disappointing to see how easily so many Americans glossed over the two faced hypocritical responsibility shirking stance he took.

This guy claims most, nearly all viruses can’t both infect people and be transmitted….what utter nonsense. If that were true, there would have never been epidemics, pandemics, not even outbreaks. Credibility destroyed.

I guess he didn’t hear about swine flu, or bird flu, or flu, or colds, or any transmittable virus. 🤦‍♂️
I guess they haven’t heard new mutations are far less deadly (but more transmittable) than earlier versions, so they are getting less dangerous, contrary to his claim.

Not transmitting well outdoors means it’s not natural?! Bullshit, animals nest together. Many natural viruses require close contact to transmit.

DNA testing proved early on that this is not a man made virus. Is it possible a Chinese lab made a natural virus more dangerous, then a lab mistake released it? Yes, but there’s no evidence that’s the case, even these people who’s livelihood relies on people accepting “the lab hypothesis” (hypothesis=guess) admit it’s all conjecture, there’s no evidence, certainly no proof. It’s not the lab theory because it’s unproven.

Duh.

BTW, this couple are married, anti vaxers, Ivermectin proponents, and were thrown out of Evergreen College, and are now both now discredited and disgraced. Their main source of income is now their anti vax, pro Ivermectin, Covid isn’t dangerous podcasts loved by morons like Joe Rogan, and a source of much of his misinformation that’s getting him removed from his platform.
“Bret Weinstein is one of the foremost purveyors of COVID-19 disinformation out there,” says Dr. David Gorski, a surgical oncologist and professor at Wayne State University who also debunks quack remedies as managing editor at a website called Science-Based Medicine. “Weinstein can be ‘credited’ with playing a large role in popularizing the belief that ivermectin is a miracle cure or preventative for COVID-19, that the vaccines are dangerous, and that the disease itself is not. Why are Rogan and Maher attracted to his messages? Contrarians and conspiracy theorists tend to be attracted to each other.”
https://whyevolutionistrue.com/2021/09/16/bret-weinstein-and-heather-heying-go-unvaccinated-take-ivermectin/

Downvote discredited shills who profit from misinformation. No surprise at all, considering who posted this dishonest propaganda from discredited propagandists.

Let me remind you….you are still one of the 30% that think Trump did a good job (by what metric I can’t tell….not economic, not infrastructure, not public health, not jobs, not the state of the union, not trust in government, not international standing, not trade, not lower crime, not cooperation (government or civil), not by simplifying the tax code, not by lowering spending….so how, how did he succeed, by bankrupting the treasury to give welfare to billionaires? The only thing he actually won are titles for most corrupt administration in history hands down, first to be impeached twice, only president ever to deny certified election results, first to attempt to falsify election results, first to attempt to overthrow a valid election by force, and biggest debt by 1/3 and biggest deficit by far more than double.).

You are also one of the 30% that, after months of denying Republican involvement at all now thinks violently attacking the government with bombs, fire, guns, knives, tear gas, projectiles, and heavy clubs, killing police and trying to murder representatives is a great job, patriotic. 🤦‍♂️

You are also one of the 30% who denied Covid was ever an issue that needed to be addressed until Jan 20, 2021 when it suddenly was horrific and all the president’s responsibility….but no fucking way in hell you’re going to listen to his advice.

Bob, I couldn’t say the last time you were correct on any topic. I may be incorrect up to 5% of the time, and gladly accept true correction (but not simple obstinate contradiction without fact) and willingly admit mistakes. I actually research. You are totally wrong on every detail closer to over 95% of the time, you’ve never once even looked into the ridiculous claims you cut and paste from right wing propaganda sites…I doubt you would know how, and never once have you admitted a single of your uncountable and verified mistakes that you make in every single argument you attempt….and I’m talking about factual mistakes, not grammar.

Let me also remind you, Biden has a 42% approval rating, not 30%. Trump had 39% at this point. 🤦‍♂️