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Biden and the June job reports

newtboy says...

Noooo….you still don’t like Biden. You still think self serving narcissistic Trump was a leader, but a lifelong frugal public servant isn’t. Nooooo! (I know there’s no breaking through your fantasy, bob. You are a lost cause, totally divorced from reality and totally uninterested in honesty).

No bob, I mean the Union…as in the United States of America. As in the Union vs the Confederacy. Trump nearly dissolved the Union, so much that Republican platforms now include secession as their goal. Derp. Another “L” for your column. Another dunce cap for your collection.
Republicans want to erase America out of infantile spite, but have no idea what to do afterwards. Better learn Chinese or Russian, red states can’t afford to defend themselves, you are all welfare queen states with the highest murder and crime rates.

Side note: But, this means you are anti union, so 100% anti worker? Really? What favors has Biden handed unions? Most unions (all you oppose) lobby for workers, blue collar employees. You would limit lobbiests to to those lobbying for billionaires and huge corporations (including religious corporations) that actively lobby against workers rights, pay, safety, ecological responsibility, hours, etc. Think about that.

You fucking moron, it went from 3.08% (higher than Trump ever reached) in 2015 under Obama to -3.5% in 2020 (the lowest ever in history). Who the fuck told you .2%? Who told you Trump left it at 2.5%? Overall Obama’s growth rate was actually 50% higher than Trump’s, and Obama inherited a deep recession, Trump inherited a boom. They outright lied to you, and you just lapped it up without ever looking. They’re feeding you poo pie bob, not chocolate. I really wish I didn’t have to spend so much time correcting your obviously fabricated statistics, especially since you only spout them to force a correction, getting you attention, not because you believe or even understand them. So you understand, printing 50% more money while your economy is in the worst contraction ever causes inflation, and that’s what Trump did in 2020 while focusing on the election he lost in a landslide and ignoring the pandemic and economy.

Jobs?!? Obama job growth was near 8% adding 12.5 million jobs, Trump was the only president ever to lose jobs, losing 3.2 million. Another 100% break from reality, buddy. I’m telling you, you need professional help.

Yes, Trump did turn us around, from a massive recovery and booming economy to massive economic losses, job losses, absolutely insane deficits and trying to double the debt, huge money printing in 2020 (magic wand waiving) that creates massive inflation (that he now blames Biden for), undreamed of losses of life, and teetering on the brink of depression and pandemic. He made us madder. For libs that means angry, for cons that means totally bat shit crazy with no ties to reality at all.

Far from it, lots of positive, but so much negative left from the previous one we are still in the red.

They have made policies that help the American pocketbook, Trump robbed it blind to hand to billionaires (and fake billionaires).

Who told you that lie. The Democrats have done everything they legally can to force oil companies to increase production and stop price gouging, Republicans all voted against doing anything, then claim “Biden’s fault”. No fossil fuel production has been cut. You’ve been lied to, and you aren’t intellectually honest enough to investigate for yourself…you don’t want to hear the truth.

Republicans are to blame for high fuel prices, Democrats are responsible for the recent lowering. Democrats are making efforts to lower them further, Republicans are 100% opposed to any actions.

Trump benefited on fuel costs thanks to the economic collapse he caused by denying and ignoring Covid for months, dropping the demand for fuel to nothing…not a good policy overall, or do you suggest killing another million and shutting down another year to lower gas prices?


Lol. You are claiming reports say the average American spends $500 more on fuel and goods per month than under Trump? What reports? Glen Beck, AON, or Rush Limbaugh’s ghost? Only if you are a trucker using hundreds of gallons of gas a month. Even in California, fuel cost has gone up less than 1/5 of what you say.

Trump cost you SO much more than $6k per year, over $60k per taxpayer on the official debt alone…and these extra expenses (probably $100-$200 per month tops) are thanks to Trump printing 1/3 of every dollar in circulation (inflation) and fuel supply and demand being out of hand intentionally because oil companies make more money by producing less, and aren’t nationalized so the government can’t force them to stop gouging.

Such nonsense bob. Your facts are all wrong, and since you won’t investigate you are just going to continue to believe the lies you were fed. The people you listen to are making money off your beliefs, bob, and they see you as a huge sucker they can convince of anything and get your money or support for their America destroying “get me richer quick” schemes.

🤦‍♂️

Summary, since I don’t think you can read that much.
Union = United States Union, not unions
Gdp- Obama 1.59% rising consistently during his presidency Trump 1% falling precipitously to the worst ever in history. Also never beat Obama’s high.
Jobs- Obama added 12.5 million, Trump lost 3.2 million
Debt- Obama added $9 trillion, ending a recession and creating a boom over 8 years. Trump added $8 trillion on the books (and trillions more off the books) in 4 years ending a boom and creating a recession
Deficit- 2020 was the biggest budget deficit ever by >200% at $3.13 trillion and added well over $4.2 trillion to the debt that year, way more than 2021 at a still horrific $2.7 budget deficit but ending adding only $1.5 to the debt.

https://www.thebalance.com/us-deficit-by-year-3306306

Oil/gas price - all cost cutting measures opposed by Cons.

bobknight33 said:

I applaud the jobs #

But when you say *quality leadership, -- You are Sadly mistaken .

Putting Union back together -- you mean political payback for all the $ spent buying Biden / Democrats that Biden is now paying back the unions in favors?

So you are saying that You are in favor of big business buying our politicians and getting special breaks using American tax dollars.

What Trump damage. Went from a 0.2% GDP growth /yr to 2.5 + Growth. Obama touted that this0.2% was the new norm and Trump claimed BS. Trump said he wold crate jobs and Obama dumbly said how by waving a magic wand.


Trump, for all his BS turned America around and mad all of us better.

A strong work force is the only positive news of this Admin.

Biden and Democrat policies can make policies that help the American pocketbook but wont.


This biggest is the party stance on oil. Americans are getting poorer mostly from this fact alone. The party decided to cut out fossil fuels and go green. This decision is costing families hundreds of dollars extra, that they don't have every month.

Not just from the extra at the pump but also the extra cost to deliver goods and services .



Current media reports that this extra cost is running about 500$/month 6K$/year.

This is you man Joe, and his party's policies?

I just assume to keep Trump , mean tweets and all, and keep the $6 grand / year in my pocket.

The origins of oil falsely defined in 1892

newtboy says...

When your grasp on reality is broken, you can be convinced of any nonsense.

I wonder how this man profits from spreading this misinformation.

So you know, bob. Oil isn’t made out of dinosaurs, it’s made up mostly of decomposed diatoms, algae, zooplankton, and other microorganisms, transformed under heat and pressure.
It is a finite resource.
If we burn it all, it’s CO2 emissions alone would cause an estimated approximately 200 ft of sea level rise (and likely near total planetary extinction).

PS- shouldn’t it be “The oranges of oil falsely defined in 1892”?

Whatever Happened to the Bee Apocalypse?

newtboy says...

Um, I notice their data ends in 2012 - 2015, while CCD was just becoming a serious issue. My last 3 hives had CCD.
Can bees be repopulated, yes, by splitting remaining hives and ramping up distribution channels, but that’s not sustainable and lowers the hive production to dangerously low levels. Hives can produce honey or new bees, but not both in large quantities.
Also, it’s an expensive proposition, rehiving. A nuc costs $200, a new clean hive another $250+- with a near 50% chance it won’t survive each year, it’s an expensive hobby and a real loss when they go down. Eventually people will give up trying in large quantities, then what?
And, as mentioned, wild bees pollinate most plants, and no one is working hard and making money producing large quantities of wild bee hives.

Over the last decade, the numbers have changed. There has been a severe decline in domestic bee population while demand has risen. Also, the commercial hives left often have been split many times, meaning 20000 is a far more normal population of a hive than 80000, and clearly does less pollinating, less honey production, and less new bee production.

It doesn’t have to be an either or choice, I’ve had beehives and fostered wild bee habitat at the same time. I have 30 fruit trees, I need all the bees I can get to visit.

I think the real answer to why you don’t hear about it as much lately is 1) War in Europe and 2) Coup in America, both of which dominate any news reports.

California is Running Out of Water

newtboy says...

What do they mean “running out”? We’ve been out of water for decades.

As bad as this sounds, I think he’s under selling the problem big time.

Federal officials announced in February that California farmers will get no federal water this year, zero (that’s the Central Valley Project), while the state has allocated agriculture only 15% of normal from its distribution systems.
Meanwhile the state has also demanded agricultural water districts and cities stop diverting water from rivers and streams along the San Joaquin River. This includes 200 cities in and around the Bay Area, like San Francisco which gets up to 85% of its water from those rivers and streams.
Some rivers and streams in California have stopped flowing, all have reduced flow. The Mad River, just blocks from me, is usually 6-8’ deep bank to bank (75-100’) for at least 6 months out of each year, the last 3 years it never reached its banks and remained a shallow stream all winter, becoming a creek in summer. It is abnormal, most rivers are worse off.
Aquifers have already been depleted so much that the entire Central Valley is sinking rapidly. Reservoirs are WELL below 50%, despite what this clip said (Shasta is reporting at 40% today, but driving over it it looks like maybe 10-20% full with no inflow).
So far this year along, over 1000 residential wells have gone dry. This includes many entire communities losing their drinking water supplies completely. The number of agriculture wells that can no longer function is uncountable. It’s estimated we will lose 2700 drinking water wells this year state wide.

The California water problem isn’t a pressing future issue, it’s an ongoing unmitigated disaster we’ve ignored for far too long. At this point, it’s likely insurmountable, and a collapse of California agriculture will make today’s inflation seem like the good old days when average workers could afford to eat. Start a garden, it’s going to get weird.

newtboy (Member Profile)

bobknight33 says...

I respectively disagree.

This is the buy of the year. 40% off from its high. Not from anything Tesla has done ( or not done) but from the economic state America is going through.

I don't think this will turn around till our leadership changes in 2024


Since last qtr 2021 Tesla opened 2 Giga Factories Texas and in Germany. They are ramping up and will get full speed in 2 years. This year expect 200 thousand from these as they ramp.

Giga Shanghai was shut down and lost 50, 000 vehicles of production. They reopened fully 2 weeks ago . China economy is taking a big hit. But what isn't sold will be ship and sold elsewhere.


2022 yearly estimate production is still about 1.5 M vehicles for the year.

Wait time from order to delivery is average 7 months. Tesla increase their prices 8 times last year to keep this 7 months from getting worse.

Demand out strips supply.


Gas at 5$/gal isn't helping the ICE vehicles at all and will push EV demand even higher.


Like I said

This is the buy of the year. 40% off from its high.
Also looks like a stock split of 3 to 1 is coming. This does nothing but make it cheaper for those who would like to enter this. One can do so at a lower, affordable price point.



Buy and hold



Buy 10 shares and hold for 5 o 10 years.





FYI.
My dad passed away last month on the 28th. I've been out of work tending to him and now settling the estate.

newtboy said:

Ouch. From $1222 to $702 and projected below $600. Gotta sting for anyone who took @bobknight33 ‘s advice, especially anyone “all in”.

The idea that it might bounce back like it once rose is naïve too…with serious production and labor issues and no longer being the only game in town, not even the best anymore by multiple different measurements, Tesla is looking like it’s bubble might be bursting.

Ouch.

bobknight33 (Member Profile)

newtboy says...

Such a dumb ass. That’s exactly what you said when it was at $1200. With Elon as the only leader, there’s no good time to buy, because tomorrow he might decide it’s a great time to put every dime in bitcoin (because it also lost half its value).
Biden had nothing to do with the stock tanking. Musk being an idiot has everything to do with it.

Um…what? A bit late to look at the company now, don’t you think? He might have done that before making a $45 billion offer that he’s locked into. Now he’s wasted between $1 billion and $20 billion, which comes out of Tesla.

Tesla is no longer a monopoly, Elon no longer looks like a business genius. That means the likelihood of Tesla stock going back to a PE ratio near 200 is pretty low, but further decline is highly likely. It’s still over 90 PE…anything over 25 is a horrible deal.

bobknight33 said:

It’s a fantastic time to buy Tesla stock. Truly this is a “thank Joe Biden”

WRT to twitter musk trying to get a true sense of fake accounts and bots

bobknight33 (Member Profile)

bobknight33 (Member Profile)

newtboy says...

So, mr “wrong is wrong”… does that extend to Boebert, who was just notified by the FEC that she’s violated (more) campaign finance laws over 20 times this year by accepting personal donations over $2900? Just 15 years ago that would not only end a political career, but might end up sending the representative to prison…today it gets a stern letter and barely a mention by the media, but is no less illegal.
Let’s remember that she was with her husband when he exposed himself to two 14-15 year old girls, and tried to help him cover it up.
Let’s also remember she admitted she abused her travel funds massively, paying herself well over $20000 pretending (in writing) that she drove herself almost 40000 miles in 6 months for government business while serving in Washington, then changing her story and claiming a bunch of that reimbursement was for hotel stays she hadn’t reported (but any hotel over $200 is required to be listed, not doing so is also a crime).

So, the question is, should Boebert be barred from holding office for accepting these 20+ “bribes” and embezzlement? Let’s see if you can answer without deflection or projection..$5 says no.

Insane $3000 Steam Punk Puzzle Box! - Solved!

cloudballoon says...

Maybe it's the model builder in me, but for that money, I'd go for any DeAgostini model kits. The construction is super intricate that'll take more than a few hours, the finished models are like museum-level art pieces.

Hmm... maybe sell me this puzzle box in pieces that I can build myself in 70+ hours for $200 and I might bite. The process of building it must be more enjoyable.

Three-Minute Video Explaining the Common Core State Standard

newtboy says...

OM FUCKING G!! IT GETS BETTER!!
Desantis and Florida Republicans are so stupid they didn’t bother to read Florida law which makes it impossible for the legislature to pull Disney’s special status until every penny of bond debt in the district is paid off….and there’s over $1 BILLION in bond debt there…so to pay it off from the district alone they have to RAISE taxes permanently by over $200% (and then wait over 6 years to try again)….or raise taxes on all Florida to pay for this “punishment” for not backing anti gay legislation.

Doing a fair job? He tried to waste $1 billion and incur over $160 million yearly….forever….over his feelings being hurt….fortunately for Florida past politicians saw this possibility and made stupidity like his impossible to follow through on.

LMFAHS!!

bobknight33 said:

My kids cam up though common core and it is a mess.

DeSantis is doing a fair job. Don't need CRT or other BS slanted course work.

Get back to basics

Three-Minute Video Explaining the Common Core State Standard

BSR says...

Florida officials continued their war on education this week after rejecting more than 50 proposed math textbooks that allegedly “included references to Critical Race Theory.”

The Florida Department of Education announced Friday it would not include 54 of the 132 ― or 41% ― of math textbooks on the state’s adopted list, citing “CRT” as one of the main reasons.

“Reasons for rejecting textbooks included references to Critical Race Theory (CRT), inclusions of Common Core, and the unsolicited addition of Social Emotional Learning (SEL) in mathematics,” the statement said. “The highest number of books rejected were for grade levels K-5, where an alarming 71 percent were not appropriately aligned with Florida standards or included prohibited topics and unsolicited strategies.”

The state’s Republican Gov. Ron DeSantis said without evidence that the math textbooks “included indoctrinating concepts like race essentialism, especially, bizarrely, for elementary school students.”

DeSantis has been an outspoken critic of CRT, which has become a catchall term ― stripped of its original academic meaning ― for having discussions about racism in the classroom. Since last July, there have been more than 200 instances of public school districts in Florida banning books, the third highest number of incidents of any state in the U.S.

Democratic state Rep. Carlos Guillermo Smith said in a tweet that the governor “has turned our classrooms into political battlefields and this is just the beginning.” - https://www.huffpost.com/

Why I’m ALL-IN On Tesla Stock

vil says...

Yes but to converge the two sides have to acknowledge the arguments of the other side, unfortunately I am probably not arguing well enough and Im perfectly willing to just give up.

Anyway you seem to be able to research complicated topics well, you can read up about the history and end of the gold standard and about deflation for your own sake in your own time :-)

Fighting against fiat money, reserve banks, inflation and national debt is like fighting against democracy or free speech.
Sometimes democracy gives you Trump, sometimes free speech gives you porn (or worse, Fox news), sometimes the economy gets out of hand, but mostly these things work better than their alternatives and prevent or minimize crashes, based on the experience of the last 200 years. Every time someone thought better, they made things worse.

newtboy said:

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

bobknight33 (Member Profile)

newtboy says...

Elon is dumping Tesla to pay some enormous capital gains and income taxes he’s avoided for the last decade by taking out loans against his stocks instead of selling any. He likes to say he’s paying the most taxes anyone ver has, and right wing propaganda is trying to back that up, but he didn’t pay any taxes for over 10 years while becoming the richest man ever…so divide by 10 and try again, liar, and his stock gains are also from his companies making artificially high profits by not paying taxes.
If reports are to be believed, he’s worth $200 billion now, so really that amounts to 5.25% total taxes (fed and state)….hardly his fair share…because he’s really a socialist welfare queen!
Be prepared for a massive slump in its value. He’s planning on selling off 10%, but prices will drop far more.

Why I’m ALL-IN On Tesla Stock

vil says...

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.

Watch The Tesla Plaid Go 0-160 MPH

newtboy says...

That was not that quick compared to equivalent combustion engines….>11 seconds? I expected much better acceleration, but not top speed. Turns out it has neither compared to some similarly powerful combustion engines.



Keep in mind, the Bugatti is made for top speeds, not acceleration, but wins on both counts.

The Chiron will accelerate from 0–97 km/h) in under 2.5 seconds, 0–200 km/h (120 mph) in under 6.5 seconds and 0–300 km/h (190 mph) in under 13.6 seconds. The Chiron's top speed is electronically limited to 420 km/h (260 mph) for safety reasons. The anticipated full top speed of the Bugatti Chiron is believed to be around 463 km/h (288 mph

Also, this is a Chiron, not the Chiron super sport version, not the top of the line. Weight is similar.

Electric is great…it’s not better at performance yet. Don’t oversell it.

bobknight33 said:

Sure plaid is overkill. But will also change the minds of all who see what EV can do and will push the decade of EV forward/


Like the horse and buggy, the I.C.E age is ending.



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