Simon

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Posts by Simon

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  19

  How do JW feel about CBD?

  by Iamallcool in

  1. jw
  2. friends

  i am not so sure if i am willing to discuss cbd with my jw aunt.

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  Simon

  I've seen some people where it provides genuine medical benefits, and it is generally pretty safe especially compared to manufactured pharmaceuticals.

  I don't think anyone can have any real objection to it.
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  7

  Congratulations, Emma Raducanu!

  by LoveUniHateExams in

  1. social
  2. current

  congratulations to ms raducanu, from orpington, kent (my hometown).. she has just won the us open on saturday.

  i don't have a tv license or a tv, but i did manage to see the final in my local pub.

  and the two finalists didn't disappoint - it was a cracking match with a high level of tennis.. and raducanu triumphed 6-4, 6-3. her achievement is pretty much unprecedented.

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  Simon

  Isn't she the daughter of a wealthy banker?

  The "child of immigrants" narrative paints a different picture to what most imagine.

  Well done to her, but let's not have her as a reason to throw the doors open to illegal fighting age men arriving on the beaches.
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  10

  Bank Bail-Out / Bail-In

  by Simon in

  1. social
  2. current

  remember the last financial crisis, where there as a bail-out of the banks?.

  have you ever stopped to think what the "out" part of bail-out means?

  normally you think of bailing water out of a boat, or maybe jumping out of a plane, but in financial terms the "out" means "outside money".

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  Simon

  Wait until they bring in full-on UBI - then you'll see the value of money really plummet.

  That will tip the current house of cards, propped up with rampant money printing, into a full-on crack-up boom.

  It sounds obvious, but if the government gives everyone $2000 a month, prices will immediately rise to factor it in and also because wages will also need to rise to account for it, which makes prices rise, which will lead to demands for higher rates of UBI ... next stop Venezuela.
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  10

  Bank Bail-Out / Bail-In

  by Simon in

  1. social
  2. current

  remember the last financial crisis, where there as a bail-out of the banks?.

  have you ever stopped to think what the "out" part of bail-out means?

  normally you think of bailing water out of a boat, or maybe jumping out of a plane, but in financial terms the "out" means "outside money".

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  Simon

  And they'll wonder why people will turn to Crypto ...

  Distributed finance where you don't have to trust any central authority and you effectively become your own bank is an inevitability.

  It also destroys the political / banking cartels that keep some countries poor while enriching others.
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  10

  Bank Bail-Out / Bail-In

  by Simon in

  1. social
  2. current

  remember the last financial crisis, where there as a bail-out of the banks?.

  have you ever stopped to think what the "out" part of bail-out means?

  normally you think of bailing water out of a boat, or maybe jumping out of a plane, but in financial terms the "out" means "outside money".

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  Simon

  Accumulating that much after doesn't involve being "smart", just being a boomer.

  However much it is, it isn't their money and is owned by someone else. This is fundamentally theft and people aren't recompensed by the banks for the risk they take having them manage their money. Interest rates for savers are already criminally low, at a time of sky-high inflation, so whether people realize it or not the power-that-be are already dipping their hand into their bank account.

  This just upgrades to them using a wheelbarrow so they can carry more at once.
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  3

  Taxpayer Money Direct to Union Pockets

  by Simon in

  1. social
  2. current

  the dems are not even trying to hide what they do anymore.. the latest is a direct payoff for political support by providing a $4500 subsidy on electric vehicles ... but only if they are made by union workers.. it's not the job of government to put their hand on the scale, especially not to benefit those who support them politically through campaign contributions.. corruption - it's what they do best.. https://www.businessinsider.com/elon-musk-tesla-union-bill-tax-incentive-unionized-ev-makers-2021-9.

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  Simon

  The dems are not even trying to hide what they do anymore.

  The latest is a direct payoff for political support by providing a $4500 subsidy on Electric Vehicles ... but only if they are made by union workers.

  It's not the job of government to put their hand on the scale, especially not to benefit those who support them politically through campaign contributions.

  Corruption - it's what they do best.

  https://www.businessinsider.com/elon-musk-tesla-union-bill-tax-incentive-unionized-ev-makers-2021-9
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  19

  How do JW feel about CBD?

  by Iamallcool in

  1. jw
  2. friends

  i am not so sure if i am willing to discuss cbd with my jw aunt.

  .

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• 

  Simon

  It's just a naturally growing medicine. Not the bit that makes you go mental and write groovy music.
• 
  10

  Bank Bail-Out / Bail-In

  by Simon in

  1. social
  2. current

  remember the last financial crisis, where there as a bail-out of the banks?.

  have you ever stopped to think what the "out" part of bail-out means?

  normally you think of bailing water out of a boat, or maybe jumping out of a plane, but in financial terms the "out" means "outside money".

  1. 
  2. 
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• 

  Simon

  Remember the last financial crisis, where there as a bail-out of the banks?

  Have you ever stopped to think what the "out" part of bail-out means? Normally you think of bailing water out of a boat, or maybe jumping out of a plane, but in financial terms the "out" means "outside money". When the governments bailed out the banks, it was wth non-bank money ... taxpayers funds.

  This was unpopular, so instead they passed legislation so that in future, any bank that ran into difficulty would instead use a bail-in mechanism.

  In? "inside" money. Specifically, the banks creditors.

  Newsflash: if you have money in a bank, then you are a creditor and they are allowed to take it and convert it into IOUs to help their own liquidity.

  It's worth checking exactly which of your account types could be vulnerable to this because there is an ever-increasing chance that the financial system is going to get indigestion from the non-stop money printing and may go tits-up.

  https://www.investopedia.com/articles/markets-economy/090716/why-bank-bailins-will-be-new-bailouts.asp
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  2

  What’s your favorite recipe?

  by Iamallcool in

  1. jw
  2. friends

  any takers?

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  Simon

  Tip: don't repeatedly submit the same topic. This the 4th or 5th one.
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  14

  Biden - Inappropriate Toucher and Killer of Children

  by Simon in

  1. social
  2. current

  ny times report on the drone strike in afghanistan - they killed an aid worker and his family including 7 children.. it was done as a political stunt so biden could claim they struck back at a terrorist (although it was a suicide bomb attack).. the attack was due to his incompetence and the drone strike done to distract from it.. his inappropriate touching of young girls now seems tame compared to his murder of young children.. he should be prosecuted.

  he should be jailed.

  he won't be, because us politics.. if you voted for him you're a shit that supports an inappropriate toucher and killer of children..

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  Simon

  Pity the shits were the ones counting the votes.

  I notice you don't have much to say about Biden drone striking a house full of small children to distract from his previous mess?

  Nothing to say about it?