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Thank you 81 million, thank you!

luxintenebris jokingly says...

bobby, baby...check your head. slow your roll.

do you know don jr's squeeze was ca gov newsom's wife? go easy on the 'sleeping to the top' garbage. (sound like an old out-of-touch geezer)

your man-boy raw-dogged a porn star. go easy on the imprudent sexual escapades. (more fossilized thinking)

and the idea of 'selling out' shouldn't be a thing if you're truly a covfefool fan...or any of his acolytes...as that is the m.o. of the all of the russian-loving rascals. (the amount of gall would cover a forest)

honestly, try freezing your cantankerous old-coot comments. it solves nil, proves null, and offers zilch of a challenge to any other's viewpoints. (babe, you're missing more than realized)

succinctly; it's taking more away than giving. escape the trap...ya' angry badger.

https://www.verywellmind.com/what-is-a-cognitive-bias-2794963

[omitting what our patriotic grandparents had to do without during their fight against fascism - gas was only one]


bobknight33 said:

anti American,??? Think again.

blah...blah...blah...spit - hiss - cry - wail - tears of fear - confused sobbing

Trump praises Putin's invasion of Ukraine as 'genius'

surfingyt says...

my avatar was always correct and now no one can deny it: trump and his bootlickers support attacks on democracies.

if you are a republicant you gotta look yourself in the mirror and see how far youve gone and how anti-america youve become. truly incredible lol!

Trump praises Putin's invasion of Ukraine as 'genius'

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.

STUDY: $500 Per Month Life Changing For The Homeless

bobknight33 says...

I said this before.

In broad terms...

Endless welfare is wrong,
I'm also against 40+ years of Social security- Its a pyramid scheme.


Should be 1 system where all get say 15 years of benefits.
Should be able to take it a monthly amounts.

Should not be able to start collecting till at least 25. This will make you get a job, get skills and become less dependent.


If you 30 and have a kid and want to take 6 months off then deduct it from those 15 years.

if 50 and burned out. take a year off go to school or such and refresh. Deduct that from you 15 years. Now you have 14.

You get in a wreck and laid up for a year, loose you job, no problem. Use 1 of your years.


I dont want strings if you want to buy drugs, travel, or go to school does not matter.

When you 65 and only have 8 years left of benefits your should keep working. Maybe taking a lessor job. maybe take those 8 years at full rate take it at 1/2 rate as a supplement.


Its you life you know what you need not government.

Also in general, This should not apply to , mental illness patients and those who truly can not function on their own. or their care takers if family members.

Republicans aren't assholes we just don't want chronic dependence.

newtboy said:

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.

👏

Tesla’s TOTAL DOMINATION (new data)

newtboy says...

The cars compared were as I described. There are no truly comparable electric vehicles available today. Somehow you think that’s a dig at Tesla? It’s a compliment, and a lament.

Not at all. I would love one. They have made missteps however.
Not a fan of Musk.
What should be clear is I’m not a fan of bullshit.

I’m also not a fan of monopolies.
I’m also not a fan of successful companies bargaining away their tax liabilities for little in return for the public.
I’m not really a fan of space tourism for billionaires either, not while poverty exists. What a waste of resources for no return.

Chip shortages are the only real obstacle, the rest are speed bumps.

It’s a problem if you don’t want to pay $60k for a $25k car…I thought inflation was bad. Now you love it?

Tesla made deals to not pay taxes. You can pretend that’s patriotic, it’s not. I didn’t say they ignored or committed fraud to escape taxes, I said they don’t pay them. That kind of agreement shouldn’t be acceptable for any company, especially one as profitable as Tesla. Yes, it’s a “the governor and/or legislature can waive taxes for companies he likes” policy issue, I find it abhorrent no matter which party does it, they both do.

If you backroom deal with right wing governors/legislatures to avoid taxes, you are far right, at least economically. I thought he came out as a Trump guy too, but might be wrong.

Tesla’s TOTAL DOMINATION (new data)

bobknight33 says...

Competition? Seriously what competition is there?

2 things are clear
Clearly your anti Tesla.
Clearly you truly dont know much about the EV market.

Tesla is dominating the EV space.
Tesla has 8 quarters of growth.
Growing roughly 20% per quarter and about 70% YoY
2021 seen 84% growth in car sales.
Demand is a 6 month wait.
Tesla has sold 930K vehicles in 2021.
2022 Fremont and shanghai will make 1.2Mvehicles alone.
Giga TX and Berlin coming on line soon should add 500K vehicles.

Ford / GM do not have the capitol to make EV and ICE.
Layers of management and union demands will keep from a rapid necessary to EV.
Ford / GM have each have over 100 Billion in debt
Factory closing and chip shortages causing more Ford /GM losses
Ford / GM probably go under unless bailed out.
Ford/ Gm lost sales and Tesla grew sales.

Toyota also dragging their feet.
VW is the only company seems to be moving to EV in a substantial manor.


As you say high demand / low supply is some how bad. This is good place to be. Its a supply issue . Tesla is addressing that.

Saying Tesla doesn't pay taxes. false argument. Every company pays their taxes. If you don't like the amount then that's a government tax policy issue.

FSD is still in beta form. It is not a final product. It is pretty fuckign good as is.


Elon being pro corporate anti tax is what you would expect.
Im sure Apple, Facebook, Google are all in this same camp.
Far right? I dont know about that.

newtboy said:

So, time to end the subsidies and tax breaks for Tesla then. No more government handouts for them.

They’re not going to be so dominant when actual competition is available, coming soon from every maker. (High demand, low inventory, double sticker price gas cars aren’t a fair comparison.).
They also wouldn’t be so profitable if they paid taxes.

It was not a good move to program the self driving unit to run stop signs. (Yes, they programmed it to just “rolling stop” at stop signs recently which is not just illegal it’s also dangerous.). That’s the kind of upgrade you get with Tesla, without warning. How many recalls now?

Also not a good move for Elon to admit he’s far right, pro corporate subsidy, anti tax. It alienates most of his customers.

STUDY: $500 Per Month Life Changing For The Homeless

bcglorf says...

Yeah, the crutch of it for me is the UBI moniker.

What you describe at the end of your post, minimum income, is really just a rewording of the existing social security and welfare systems across the western world. I know they look different in each, but here in Canada what you describe is more or less our already existing system's design goal. Welfare money exists for those that straight up can not work, and an employment insurance system exists to protect those inbetween jobs, meanwhile other multiple programs are aimed at distributing financial assistance to the lower income groups.

Despite all of that already existing, UBI is still being heralded up here in trials as well as a replacement. The problem being that for the needy the UBI pitches are generally a step backwards.

Eg. $500/month is the UBI pitch, and they say it'll be great because everyone gets it no matter what so it's simple and fair and nobody is left behind. The trouble though is that the reality is the truly in need people were already benefitting more than the $500/month under the existing systems, and the cost was much less because it was targeted.

I here UBI and get very worried about folks just selling snake oil 'solutions' that in the end are just a demand to adopt their own particular flavor of wealth redistribution.

newtboy said:

Did they offer that in the program, or was it only random individuals….or are you extrapolating, assuming the program became universal? I thought this plan was just for the indigent.

$500 each for 4 works out to more than my wife brought home for 40 hours a week after 15 years at her last job…..barely livable for 4 anywhere in California, a nice income in some states. Not a huge amount to provide for 6 months. How much does temporary housing, services, extra law enforcement, etc cost over that time for 4 people? I assume their close.

Yes, universal income is costly, but most on the right won’t consider giving the destitute money if they don’t get a handout too, that likely multiplies the amount by over 10 times. With a means test, it would be billions, maybe under $100 billion. We spent nearly $6 trillion on bad Covid response in 2020, including trillions to corporate welfare handouts with no strings attached and they still fired millions of workers. I think if that’s ok we can afford to invest in making people productive again instead of drains on society (of course, not everyone will benefit, but 75% success must be a win overall). If not, socialize any corporation that took a bailout, we bought em, we should own them.

…Or taking on more debt like every government project, but the increase in gdp from turning costs into profits likely pays for the program without a dime in new taxes, just a reduction in costs of handling the homeless and new taxes from their incomes….especially if you have a means test and not universal income.

Yes, they convoluted by calling it universal income but focusing on homeless. It should be UMI. Universal Minimum Income….under employed get less than unemployed up to a certain minimum livable combined income, fully employed (with living wages) get nothing….IMO. Sadly, a large portion of people can’t see what’s in that plan for them (no homeless, less crime dumbshits) so won’t consider it unless they also get $500 even though that’s not even a noticeable amount to them….one more ivory backscratcher.

STUDY: $500 Per Month Life Changing For The Homeless

bcglorf says...

I'm gonna have to be that guy. $500 a month for a family of four is $2k, which is a very good chunk of money to drop in your lap.

That works out the same as it they were on a single income, working 40 hour weeks at $10/hr, so almost equivalent to a full time job. No doubt that's gonna be a big deal and noticeable financial improvement to the recipient(s).

As always with UBI schemes, the devil is in how you pay for it. If it's truly universal, paying $500/month to ~330 million Americans would cost $1.98 Trillion dollars, meanwhile the current entire US gov budget for 2022 is estimated at $1.2 Trillion.

So, to implement $500/month universally in America would require not only increasing overall tax revenues by almost 50% it would also require the cancellation of 100% of every single other expenditure. That not includes military spending going to zero, but even cancelling the jobs of everyone that collects taxes and would presumably have been responsible for distributing the $500 checks.

If the 'fix' is to just tax the pants off anyone earning more than the $500/month, or limiting who we give it to, then it ceases to be a UBI scheme, and is instead just a mundane modification of the existing social security scheme by shuffling more money back and forth between different folks.

newtboy (Member Profile)

bobknight33 says...

My wife has a journalism degree but can't do any meaningful math.

So much your stupid argument.

Everyone is different, grammar is not my strong suit.

You know so much that just ain't so. You in a bubble. Are you 1 of the 30% that think Biden is doing a great job?

You sit here thinking up on you high horse but you are so often wrong is it laughable


Trying to put the failed OBAMA on some grand master of a POTUS truly shows how much shit for brains you have.

Truly I bet you think Bidens 2 hour press conference today was pretty fucking all right.


80% failure where you most likely 80% success. This is how shit you are.


You, like Obama, Biden Clinton are good at speaking BS. Just keep giving your failed ideas of what makes America better.

newtboy said:

You claim to be an engineer that couldn’t pass 6th grade English. Knowing many engineers, actually being raised by one (dad was a chemical engineer by trade, creating new molecules for specific purposes) I do understand that language is sometimes not a strong suit, but I’ve never known one with half your struggles in that area, including the maintenance and disposal engineers at the company lab.

Passing basic English is a requirement for a degree, even an engineering degree, at every reputable university in America.

You’ve shown not only a severe deficiency in language skills, but also in math. For instance, recently deriding Obama, lamenting the nation returning to what you were told was an appallingly low GDP of near 2% but you are unable to realize it was near double the often negative GDP under Trump, who finished his single term with a GDP of 1% per year….basic and simple math. (So you know, if Biden’s first year has a GDP of 2%, that’s an increase of 5.5% from last year, and double Trump’s 4 year average).
It’s impossible to be an engineer without good math skills, and you have not demonstrated any over the years.

It begs the question, did you get your degree from a Trump (or similar) school? (You know, the ones closed for being diploma mills with no accreditation, the ones Trump had to pay students back from and admit they were cons, fraudulent schools).
Something doesn’t add up.

Peacemaker | Opening Credits | HBO Max

Olivia Colman -- Every Actor's Nightmare Come True

bareboards2 says...

I only watch the first 11 seconds repeatedly. Honesty is truly one of the best things on the planet.

cloudballoon said:

Not feeling for need to repeat viewings more thn a few times TBH. But both the burn & recovery are indeed golden. Got my vote!


But "accidental"? Is it? Honesty is not accidental, just undesirable *sometimes* LOL.

Chili's Kitchen Staff Sing the Baby Back Ribs Song

The Incomprehensible Scale of 52!

spawnflagger says...

This was an excellent treatise on visualization of large numbers.

That said, I disagree with the statement "the sequence of cards in a properly shuffled deck has never existed in the history of time". It would be true if the act of shuffling was truly random, but it's not.
This article says you'd need at least 7 riffle shuffles to get "random", but in practice "properly" shuffling is 3 or 4 riffle shuffles...
https://phys.org/news/2017-02-shuffle-cards-maths.html

Hence thus therefore, my unprovable bet is that there has been at least 1 occurrence of identical-sequence decks in the history of 52 playing card decks.

(this is not counting magicians & card mechanics like Ricky Jay)

DOPESICK Official Trailer (2021)

luxintenebris jokingly says...

maybe, the idea is to meet logic with insanity. wear down the resistance and install the weirdness until all are weary, worn down, and helpless to resist.

none of the DC GOP, red-hand media can seem to undo their doings. the black-hearted voo-doo of foo has set into the rigid minds of their prey.

FL & TX are leading the nation in new hospitalizations (40% together). yet 'new sheriff in town' Abbott is trying to lock up folks for trying to keep masks on children's faces. and DeSastre calls summer, "covid season", when it was previously a winter thing. both are anti-mask.

none of it makes sense.

one would think people's kids would be their most treasured gift...but their song of 'no mask mandates' could be their swansong. with masks, the last flu season was unusually low and some areas a rarity. the real fear was flu and covid, but w/all the covid cautions it was largely avoided.

but maybe not this time. mix a regular flu season and new strains of covid in the vastness of unvaccinated, unventilated rooms of children?

if fear sells, let's hope this 'terror' becomes the top seller. save all of us.


BTW: am totally sold on masks. even if covid disappear today, they stop transmissions and truly could be an answer to flu season of the future. not a republican. hate being miserable.

newtboy said:

How long before Hulu makes a movie about insane anti vax cultists who don’t believe COVID is dangerous but when they get COVID are over running the medical systems in red states where vaccinations are falling behind to the point that no other illnesses or emergencies can be dealt with and even responsible vaccinated people are dying from lack of medical care, dying from non life threatening injuries and illnesses that minimal care would have prevented, but hospitals are full and clinics closed because their personnel were needed at local hospitals?

Can we please create a policy that, without a vaccine “passport”, no patient is allowed in any hospital that takes a dime in public funding? Let the right wing denier cultists die from the disease they deny exists, they said they gladly would, but in the quarantine cages set up in parking lots, not at home, not in hospital beds, but under freeway overpasses and lower level subterranean parking lots. No responsible vaccinated citizen should be turned away to serve the deniers like is happening in red states today, but they can’t be allowed back in public for weeks at a minimum.



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