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Denver cops refuse mandatory Covid vaccinations

Wavepiston - Wave Powered Desalination And Electricity

cloudballoon says...

But... but... Republicans will say they look ugly under the ocean! Just like Trump said Wind mills are eyesores!

Back to the science of it. I wonder how much energy these oscillating plates can generate Wh? Their movements don't seem to be that much. Factor in the construction cost, damage/maintenance from salt water erosion, large fish bumping into it, the weather, etc. It might be feasible for small island communities/nations, but countries with a large landmass to coastal access ratio... its contribution to the overall energy sector might not be that significant. But every little bit of renewable, environmental risk-free energy helps, so, good stuff!

The Electric Vehicle Charging Problem

jimnms says...

I would love an EV, but I don't plan to buy a new car as long as my current one works. I used to drive a lot, but I don't drive as much these days, typically just around town and the occasional ~100 miles to a neighboring city that has things my little town doesn't have. An EV with 150 mile range and charging at home would suite me just fine for day to day use, and if I needed to go somewhere farther, I could rent, borrow or ride with a friend or family member if they're going too.

The two problems for me are, I don't have a garage, so I would have to install some ugly charging station in my yard next to the driveway. Then there is the cost, both the cost of the car and the cost of installing a charging station. I can't justify spending $30-35K on a new EV, when for less than half that I can buy a new gas car, and probably not even spend the difference in cost between the two in fuel over the life of the vehicle.

Mordhaus (Member Profile)

University in Norway responds to Will Ferrell

University in Norway responds to Will Ferrell

blacklotus90 (Member Profile)

Brokers MANIPULATING MARKET to save hedge fund billionaires

StukaFox says...

Sorry to be the little grey raincloud on this Hate The Hedges party, but you might want to understand the implications of what just happened

Y'know that fund that's getting all attention, Melvin Capital? Yeah, fuck them, right? Fuckin' shorters all shortin' and shit -- they played, they paid!

There's a reason they were bailed out and with all due haste.

Here's the issue: they were VERY good at the shorting game. So good that they actually had to turn away business. They made money like horses makes shit. When clients couldn't get in at Melvin, they went elsewhere. That opened the door to a lot of other firms basically mirroring exactly what MC was doing, which included shorting the fuck outta GME.

Fuck those guys too, right? It's their money, so why should I care?

Let's go back a few year, shall we, to the glorious chapter in finance and economics that was the 2008 Crash. Remember when Paulson lost his shit because he realized that in about 36 hours, the basic system called Western Capitalism was going to shit the bed; the bedroom; the whole house and pretty much every surface above the ocean within a planetary radius? This is sorta like that. Only worse.

The thing about short squeezes is that the losses can be infinite, and that's exactly why WallStreetBets did what they did. They knew if they bought and held -- diamond hands -- the stock would have to rise as the shorters had to cover their bets. Melvin Capital and a shit-ton of other, smaller firms had to do that and ran out of liquidity long before GME was even at $50. For every share of stock they shorted, they need to cough up another share at a higher value -- and they HAD to actually have the higher-priced share.

And here's where things get VERY ugly.

Shorting GME was such a sure thing that a huge number of shorts were placed. In fact, more shares of GME were shorted than actually existed. Oops. But hey, SURE THING, BABY and what's the worst that can happen?

Yeeeah, y'see where this is going now?

So these firms, not only are they broke, they don't have the shares, either. They need to come up with shares, pronto, at any price, because contractual obligations are a motherfucker in the finance world. But again, more shorts than there are shares and the people who have the shares, WSB and 4chan's /biz/, aren't letting them go. The longer they hold, the higher the price will go as short after short faces having to cough up the shares they borrowed.

A lot of people are about to lose a LOT of money -- the kinda losses that have so many zeros attached that looking at the number bores the eyes.

Back to 2008: the reason the whole world almost started Mad Max LARPing back then is that a narrow number of highly-important financial institutions were a wee bit thin on liquidity because they were having to pay it out by the boatload. That's bad. What would be better is if risk were more distributed, and how could that little plan POSSIBLY go wrong? Maybe a Black Swan event involving a huge amount of money that needs to be paid out by all of them due to this annoying bird.

That's where we are now, but no one even remotely knows what that figure is going to be. Again, (potentially) infinite losses multiplied by 150% times the number of shares actually available, multiplied by the dogshit risk factor on the loans and the leveraged payouts -- your best case scenario might be a loss of about $500 billion. Someone has to come up with that money, be it the Fed or other banks/investors, but that latter group has to come up with the money themselves, which is generally accomplished by selling profitable holdings. We all know what happens when a lot of people have to sell, right?

I always wanted to live in interesting times, thus proving what an utter fuckwit I am.

Lessons from 2,000+ Interviews with Broken People

StukaFox says...

"(...) I wonder why you believe he should he be coddled?"

- I'm not saying he should be coddled anymore than anyone else here. He did something humane and cool, and that's what everyone here has been asking him to do (each in their own way; mea culpa etc), but instead of saying "hey, that was really a cool video. Thanks.", it was time to take shots at him. I make no secret of where my feelings are on him, his politics and the world at large, but I also feel that cool things should be rewarded, especially in this case and in this place and at this time.

"Are you saying he doesn't follow the golden rule, to treat others as you would have them treat you? I thought disingenuous discussions dripping with disrespect was what he wants."

- Congratulations, then, you just gave him everything he wanted and lowered yourself in the processes. It's not for others to follow the Golden Rule, the point is you're the one who's supposed to live by it even if others don't. If you blame him for not being the bigger man, you should at least try to be that man himself.

Christ knows there'll be enough ugliness for everyone involved the other 364.

FWIW, Merry Christmas to you, BSR, all the fun and raucous people who make Sift a daily view -- and that includes Bob.

When You’re Ugly - Louis Cole

Emoji Shortcodes Now Available (Sift Talk Post)

lucky760 says...

You know what, I'll add a page that just lists all the emojis. I can't include the list on every page because it's just too massive.

It's not working because you're using the ugly old literal character codes.

Don't use those, use the human-friendly shortcode text, so not :U+1F600: but :grinning: - does that help clarify it?

ant said:

Please add a link for each post so we can click to view and use! :U+1F600: However, it's not working for me?

Emoji Shortcodes Now Available (Sift Talk Post)

lucky760 says...

I agree with you @eric3579 and @ant that they're pretty small. I'll work on making them render larger. The only problem is that'll make any line of text with an emoji push the neighboring lines so there'll be ugly spacing in blocks of text, which is the reason our old-fashioned smilies are tiny (so as to fit comfortably with text).

Columbus Police mace woman as she walks away

newtboy jokingly says...

Wait....did Glenda just imply Dorthy is ugly? If bad witches are ugly, and she's asking Dorthy if she's a bad witch....

Hmmmmm indeed.

Also, why can't she be a neutral witch? Why must Glenda be so divisive and introduce herself with what amounts to "Are you with me or against me"?

BSR said:

Hmmmmm...

Why Rolls-Royce Cars Are So Expensive | So Expensive

Why Rolls-Royce Cars Are So Expensive | So Expensive



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