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bobknight33 (Member Profile)

newtboy says...

PRESIDENT EPSTEIN HAS ADMITTED TO THE COURTS HE DOESN’T HAVE THE MONEY TO PAY THE JUDGMENTS AND MUST SELL PROPERTIES FIRST. HE HAS SAID HE CAN ONLY PAY $100 MILLION.

This means 1) no appeals 2) SURPRISE! Trump lied about his assets and 3) the enforcement of the judgements can be enforced now because he just conceded he cannot pay the judgement or put up a bond, so seizure can begin now unless he gets an emergency stay….which was just DENIED…as was his offer to put up just $100 million.

I encourage his creditors to do whatever the hell they want with his money and since he won’t pay the state the state won’t come to help. 😂

He is barred from getting a loan against any NY holdings.
Hide and wait, wanna bet his stake in his properties isn’t as great as he’s claimed, maybe some with no ownership percentage at all just his name on the door (Trump Tower for instance, which is actually owned by GE and the condo owners and except for the lobby bathrooms, kitchen, and parking lot is just managed by the Trump org.).

So much for being a billionaire or great negotiator. He negotiated a $5 million debt into an $88 million and growing debt…good job! Now he owes near $540 million in judgements + nearly $140000 a DAY in interest between just the NY verdicts, money he doesn’t have. He’s the best ever at being the worst ever. 😂

As a bonus- total failure McConnel is quitting. Another red seat up for grabs with Republicans being historically unpopular after voting to keep open borders and broken immigration systems and once again perching on the brink of closing the government because they cannot govern.
Edit- my mistake, he’s only retiring as the head of the senate, not as a senator.
PS- https://videosift.com/video/Bobo-8482-s-Son-Arrested-On-22-Criminal-Charges

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.

Why is that even a question?

C-note (Member Profile)

siftbot says...

Congratulations! Your video, Barèges, the steep one, has reached the #1 spot in the current Top 15 New Videos listing. This is a very difficult thing to accomplish but you managed to pull it off. For your contribution you have been awarded 2 Power Points.

This achievement has earned you your "Golden One" Level 108 Badge!

C-note (Member Profile)

siftbot says...

Your video, Barèges, the steep one, has made it into the Top 15 New Videos listing. Congratulations on your achievement. For your contribution you have been awarded 1 Power Point.

This achievement has earned you your "Pop Star" Level 84 Badge!

StukaFox (Member Profile)

bobknight33 says...

Not sure what you point is.

Media is mess largely because of GE buying NBC. Before this news was a public service paid for from other program profits. News was not a money maker. When GE bought NBC GE argued that news should also a money making show.
News slowly morphed into the mess we have today.

And to you comments. FOX is 1 right leaning VS 6+ all late night + all Hollywood left pushing media. So who did this hurt most?

StukaFox said:

Not only did he abolish it, but it was one of the highest priorities of the GOP once Reagan came in. Haynes Johnson writes extensively about this in his frighteningly-prescient book 'Sleepwalking Through History'. The GOP was already following the lead of Roger Ailes (later of Fox News) after he polished the turd named Nixon and the GOP understood if they controlled the narrative, they could stay in power. Newt Gingrich, and the shitshow that followed, was the natural extension of Ailes's methodology. Abolishing the Fairness Doctrine will be studied for centuries as one of the single greatest acts of self-destruction in world history.

eric3579 (Member Profile)

BSR says...

I like it. A lot of options. Something for everyone.

I like to find some of the places in the puzzle on Google Earth if they give a good enough location or name. It's like a before and after thing between the puzzle picture and the newer picture from street view on GE.

eric3579 said:

I got instantly sucked in.

Professor dismissed over use of a common Chinese word.

diego says...

while he is right (i know some mandarin having lived there a while back), it does seem a little unnecessary for the example he wanted to give to use that word (unless its a mandarin class obviously). a dude on a basketball forum i go to said he went to his class years ago and that he used the same example (apparently looking for the shock value) and people complained, here in the video it seems more "natural" but at the same time, if its not a mandarin class someone unfamiliar with the word could easily struggle to follow what he is talking about..

learning chinese, and basically all chinese who go to the US, everyone knows that even though nei ge doesnt even sound that similar its close enough to make people react. I recently saw a Yao ming interview where he's asked about it and he acknowledges the problem but refuses to actually say it and says I dont want the trouble, I find it hard to believe this teacher doesnt know that it sounds bad to non chinese speakers..

newtboy (Member Profile)

siftbot says...

Congratulations! Your video, GE Big boys - SNL, has reached the #1 spot in the current Top 15 New Videos listing. This is a very difficult thing to accomplish but you managed to pull it off. For your contribution you have been awarded 2 Power Points.

This achievement has earned you your "Golden One" Level 184 Badge!

newtboy (Member Profile)

Spinning Swing Challenge

oritteropo says...

The yt info is:

Le projet le plus fou de l'été !
Le premier tourniquet tracté par des bœufs en plein milieu d'un lac. Les règles du jeu sont simples sur ce drôle de manège : qui tiendra le plus longtemps !?
Grâce à un système de déclenchement fait avec 2 mousquetons de largage, dès qu'une personne lâche, la corde glisse et l'autre est automatiquement larguée. Au final, la force centrifuge était telle que personne n'a réussi à tenir au delà des 30/35 km/h !


Or, in English:
The craziest project of the summer!
The first ever roundabout (literally turnstile, means something like the rotating swings in children's playgrounds) towed by oxen in the middle of a lake. The rules are simple on this amusing ride: Who will hold on for the longest!?
Thanks to a trigger system made with 2 release carabiners, as soon as a person lets go the other is automatically released.
In the end, the centrifugal force was such that nobody managed to hold on beyond 30/35km/h (approx 20mph in U.S. measures).

moonsammy said:

Tried to watch it closely, but couldn't figure out how they had it rigged to release the 2nd person once the 1st drops off. Impressive!

Tsunami following 7.7 Earthquake in Indonesia

BSR says...

This is the exact location of the video. Shows the parking garage and also the green temple(?) behind the garage.

Street view available on Goggle Earth. The billboard must be new since GE car went through.


0°53'01.56" S 119°50'38.24" E

Tractor Hacking: Farmers Breaking Big Tech's Repair Monopoly

bobknight33 says...

GE Medical got sued years ( around y2k) ago for this withholding of service tools..
Looks like these farmers should look at that suit.

Now any 3rd party/ in house has service access to GE equipment.
There is a difference though with OEM and 3rd party access.
OEM service manuals have book marks, most 3rd party docs don't.
Diagnostics for 3rd party is an full test of all systems ( time consuming) but for OEM you can select which test you want.

Still you need to know what your are doing on this stuff.
Some jack off the street would be clueless.

Other OEM's have yet to be sued and hence are like John Deer to service.

deedub81 (Member Profile)

Versengold - Feuergeist (live @ Wacken Open Air 2017)

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