Screwball
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Everything posted by Screwball
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I really don't understand the point of that article, but it doesn't matter. Coming from someone who has spent the last 5 1/2 years teaching for a state college, and being whored out to a vocational setting (STEM class) which I eventually refused to enter, I can tell you this; our educational system, at least where I am, and I don't really think that matters, is a massive cluster **** of ineptitude.
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Musk buying Twitter changed many things, but many have no idea because they live in their own created information bubble oblivious to what goes on outside that bubble. It's like the digital equivalent of parking your head up your ass, but they like it that way.
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Speaking of engineering mistakes; ask one of those geniuses who thought it was a good idea to put fuel pumps inside gas tanks? Only one example of stupid designs by so-called smart people.
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Exponents are a bitch
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On the Sanders/Trump thing on interest rates. So much to pick over in that article, but I'll go with this one. FTA: They have been saying that **** since these very banks blew up our financial system back in 2008, which ruined lives of millions, while the bankers got richer. They must think we are still that stupid. Maybe they have a point. If they wanted to fix it, they would have done it a long time ago. I wonder if Bernie thought he was being clever by using the word usury.
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Jerome Powell's term as Fed Chair expires May 2026. Board post ends Jan 2028. He will not be fired because the president cannot fire him. He will be the Fed chair until May 2026 unless he resigns, or congress ends the Fed itself. Powell isn't going anywhere, nor any of the rest of them, regardless of what the idiots in these echo chambers try to feed the gullible.
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Still two different issues, that's my point. This isn't difficult.
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Adding; your cherry picking what you think are structural design issues to build a strawman about corrosion that IS preventable by using a different grade of stainless.
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That proves nothing. I'm glad your not a car designer.
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I don't think it's stainless. Mixture of steel and aluminum. Either way, welds easy and sound. If there is any stainless, using a different grade solves the corrosion problem.
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At this point where I live a horse would be faster. I wonder why he decided to make some of his cars so ugly? Jokes about they look like a pinewood derby car in 1950. From a manufacturing standpoint, it makes a bunch of sense. Deming might be proud. ON EDIT: Marketing department, not so much.
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They have thrown money at the system for years, but they don't spend it wisely. They have turned education into an assembly line instead of a job shop. Too many kids are shoved into a position to fail, not succeed. If you see it up close and personal it is heartbreaking. That's the system they have built and it's shameful.
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I didn't know the DOE started in 1980. Jimmy Carter was part of it, but it looks like there was some standards before. Graduated in 1974. Spent 35 years in corporate America living in the belly of the beast (engineering). Large multinational companies. The movie Office Space comes to mind. Retired 6 years ago, now teach school at a local college, part of which included high school/trade school students. Our educational system is a mess from top to bottom. It should be called acadummiea. If nothing else comes out of this debate, I hope some adults sit down at the table and have a much needed and honest conversation.
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That wasn't what I was talking about, but thats interesting anyway. A good start to see how the whores operate can be found here; Open Secrets dot org - shows the above board contributions to DC creatures. They also cash in on insider trading, which is illegal, but quite profitable. https://x.com/unusual_whales/status/1742207287966777673
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The billionaires are the party The rest is bread and circuses for those falling down drunk on blue and red bull****
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I hate to break this to you, but those are the people pulling the strings of the democratic party.
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You need to be foot nimble at times. What really kills your time is getting stuck behind two trucks that take 5 miles to pass each other. Then you run into packs, and it gets worse. Out in the West is, or used to be, pretty wild. I know some lifelong truck drivers who ran coast to coast. They let it rip when possible. I saw it once. I worked for a transmission company and drove a test truck (just the cab) from Toledo, Ohio to Midland Texas. It had a special transmission with a really long gear. Somewhere in Oklahoma the road was as flat and straight as the eye could see, and nobody around. Let's see what this prick will do. I got it up to about 95. I looked in my rear view mirror and saw another truck. What? I kept it peeled and the next thing I knew this guy went by me like I just left a stoplight - with a trailer. Impressive. My buddies tell me some could get it up to 120 mph. Be a hell of a crash. Depends on where you are obviously.
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He was probably too young to ever watch Smokey and the Bandit. You follow the fastest car, but allow distance if you want to make time on the interstates. If you were in the way he didn't know what he was doing, or he wanted to screw with you. The magnet thing is also true, and it works the other way as well. Tailgators. No matter how slow, they won't pass. I had to stop one time before they would go around. Then there is road construction and the Mad Max world.
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They've been doing this for years. Move companies in and out of indexes. Pumps up the "headline" numbers for the index and Bubblevision, and tons of money for Wall Street via legal fees and arbitrage on market prices. The primary market us suckers don't get to play in. It's a big club and you ain't in it.
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Yes we do, they buy the debt in whatever form is issued. The FOMC meets every two months and reports what they will do and how. Wall Street loves this because they can frontrun the Fed. No money easier than that, other than what interest they make on reserves (which is our debt). Great gig if you can get it. On the other hand, believing in the Fed people is another story. They should have little to no credibility. Ben "the bernak" Bernanke of "the subprime market is contained" turned out to be one of the worse statements ever - just before the market crashed in 2008. This Day In Market History: Ben Bernanke Tells Congress Housing Crisis Is Likely 'Contained' Thanks asshole, and many have never recovered.
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Looks to me like non of them are worth a **** at fixing it. But they don't want to, never have. More money, more profit, more kickbacks. A self-licking ice cream cone for the money whores and bribe takers. What's not to like?
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Incorrect. Monetization of debt starts with spending. Spending starts in congress. The Fed couldn't monetize debt unless debt is issued (government bonds of some type). Wall Street benefits no matter what as they are the exchange that handles the transactions (bond auctions) and get the money first. All these inept assholes that's inhabited congress for the last X amount of years are at fault, including the two dip****s we have today.
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@Hongbit has been correct on the BLS stuff. The numbers have been messed up for a long time, but have gotten worse over time. They know the numbers, but who is "they?" Wall Street does, and an entire industry of of independent analysts who drill into the numbers to find what they might - and it's not pretty. Given to us by the BLS. But we get the headline numbers from Bubblevision who's job is to pump up the market. 10,000 people get laid off and the stock goes up - HEY! Ain't this great? No president tells the Fed what to do. Bankers run the world, and the Fed. As so accurately said years ago by a guy not popular here, but one of the best quotes ever; The rest is bread and circuses
