• Re: Anti-ICE Protestors Face Off Against Federal Agents In Camarillo, C

    From orangeneck@21:1/5 to goatmolester on Tue Jul 15 11:40:55 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    In <9BiUN.575396$gq2.328894@fx02.ams4> goatmolester wrote:

    FOAD!

    <https://www.youtube.com/watch?v=305dtsKKEI4>

    Trumps says protesters can be shot if need be.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Petzl on Tue Jul 15 08:22:57 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 7/15/25 06:28, Petzl wrote:

    I'm in Australia, from what I read here in the short time Trump has
    been in your Nation has moved ahead in leaps and bounds
    Here's the 12 month graph of the DJIA

    https://tinyurl.com/mr42wzbm

    Yes, the DJIA has gone up by +10.5% YoY...


    But note that half of this YoY time period was under Biden, not Trump,
    so looking at performance since 1/20/2025, the DJIA's up just +1%.

    Yeah, that means that a political split breakdown for YoY is:
    Total: +10.5% YoY
    Biden: +9.5%
    Trump: +1%


    Similarly, for the SP500:
    Total: +11.3% YoY
    Biden: +7.7%
    Trump: +3.6%

    And for the NASDAQ:
    Total: +11.7% YoY
    Biden: +7.2%
    Trump: +4.5%


    Plus we're now TACO'ed back to ~1 August to see about the fiscal impact
    on the Tariff war. If April's market response was an indicator, we're
    looking at a 14%-22% drop if there's not yet another TACO.


    -hh

    --- SoupGate-Win32 v1.05
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  • From 2nd Shift@21:1/5 to All on Wed Jul 16 13:52:33 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 15 Jul 2025, Petzl <petzlx@gmail.com> posted some news:6lgd7k5dlr4fj10thqs3ng92jjsqgacuu3@4ax.com:

    On Wed, 16 Jul 2025 01:04:10 +1000, "Rod Speed"
    <rod.speed.aaa@gmail.com> wrote:

    Petzl <petzlx@gmail.com> wrote

    I'm in Australia, from what I read here in the short time Trump has
    been in your Nation has moved ahead in leaps and bounds

    Just another of your pathetic little drug crazed drunken fantasys

    Here's the 12 month graph of the DJIA
    https://tinyurl.com/mr42wzbm

    That says NOTHING about the state of the economy, fuckwit

    That's what you Gypsy lady tell you
    Yes, the DJIA has gone up by +10.5% YoY...


    But note that half of this YoY time period was under Biden, not Trump,
    so looking at performance since 1/20/2025, the DJIA's up just +1%.

    Yeah, that means that a political split breakdown for YoY is:
    Total: +10.5% YoY
    Biden: +9.5%
    Trump: +1%


    Similarly, for the SP500:
    Total: +11.3% YoY
    Biden: +7.7%
    Trump: +3.6%

    And for the NASDAQ:
    Total: +11.7% YoY
    Biden: +7.2%
    Trump: +4.5%


    Plus we're now TACO'ed back to ~1 August to see about the fiscal
    impact
    on the Tariff war. If April's market response was an indicator, we're looking at a 14%-22% drop if there's not yet another TACO.

    Some of my investments got a 12% bump last month. Quite happy with that.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Petzl on Thu Jul 17 16:48:02 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 7/16/25 23:14, Petzl wrote:
    On Thu, 17 Jul 2025 12:02:14 +1000, "Rod Speed"
    <rod.speed.aaa@gmail.com> wrote:

    On Thu, 17 Jul 2025 11:27:15 +1000, Petzl <petzlx@gmail.com> wrote:

    On Wed, 16 Jul 2025 13:52:33 +0200, 2nd Shift <2ndshift@rccabal.org>
    wrote:

    On 15 Jul 2025, Petzl <petzlx@gmail.com> posted some
    news:6lgd7k5dlr4fj10thqs3ng92jjsqgacuu3@4ax.com:

    On Wed, 16 Jul 2025 01:04:10 +1000, "Rod Speed"
    <rod.speed.aaa@gmail.com> wrote:

    Petzl <petzlx@gmail.com> wrote

    I'm in Australia, from what I read here in the short time Trump has >>>>>>> been in your Nation has moved ahead in leaps and bounds

    Just another of your pathetic little drug crazed drunken fantasys

    Here's the 12 month graph of the DJIA
    https://tinyurl.com/mr42wzbm

    That says NOTHING about the state of the economy, fuckwit

    That's what you Gypsy lady tell you
    Yes, the DJIA has gone up by +10.5% YoY...


    But note that half of this YoY time period was under Biden, not Trump, >>>>> so looking at performance since 1/20/2025, the DJIA's up just +1%.

    Yeah, that means that a political split breakdown for YoY is:
    Total: +10.5% YoY
    Biden: +9.5%
    Trump: +1%


    Similarly, for the SP500:
    Total: +11.3% YoY
    Biden: +7.7%
    Trump: +3.6%

    And for the NASDAQ:
    Total: +11.7% YoY
    Biden: +7.2%
    Trump: +4.5%


    Plus we're now TACO'ed back to ~1 August to see about the fiscal
    impact
    on the Tariff war. If April's market response was an indicator, we're >>>>> looking at a 14%-22% drop if there's not yet another TACO.

    Some of my investments got a 12% bump last month. Quite happy with
    that.

    Personally, I don't usually track monthly movements, but by Quarter, and
    mostly in aggregate instead of individual funds. But I do know that one
    of our ex-US funds is +18% YTD and a Gold index is +25% YTD. For these,
    its fair to say that probably ~half of these upward movements are
    because the strength of the US dollar has plummeted by -10% YTD due to
    the current Administration's fiscal policies.


    In Australia ALL superannuation's invest a lot,

    All super funds also have cash funds

    the DOW going up helps their retirement.

    Our share market follows the DOW

    Bullshit it does

    Bigcharts link to Australian version of DOW
    https://tinyurl.com/mvfjyppd

    That's not our version of the DOW

    It is believed why the DOW goes up is because it's a safe haven

    Only by fools

    because of threats from war and international markets pour investment
    into America.

    In fact they buy US federal bonds in that situation

    Seems even overseas investors believe in Donald Trump.

    Then you need to get your seems machinery seen to, as always

    For readers in Oz, its helpful for them to know that the contemporary US
    slang of "TACO" stands for 'Trump Always Chickens Out'.

    This started in reference to his tariff war, as implementation has been
    delayed yet again (now 1 Aug). Of course, the "90 deals in 90 days" has
    failed too ("outlines" are BS; there's zero finalized agreements).


    In reality they are in fact betting on what the stock markets will
    do and Trump's tariff stupiditys make it very easy to trade on
    the dramatic gyrations in the stock market that produces
    ?

    FYI, there's been some pretty compelling evidence that someone's making
    some big profits on insider trading based on Trump's announcements, more
    so than merely the power traders, because of huge calls/puts purchased
    in the minutes before said announcements were made.


    Rod Speed was a unemployable government servant
    They are generally Flameproof (can't be fired) even though they are
    bombastic and know ambrosially nothing useful

    I've encountered "Rod" before; I'm probably still in his butthurt
    killfile, which is why he didn't comment on the DJIA/SP500/NASDAQ
    metrics I posted, but did reply to where you copied & pasted them.

    Or they're still a chickenshit who's afraid of another beat-down.

    ...and of course, it could also be a "why not both?". /s


    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Petzl on Fri Jul 18 15:52:39 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 7/17/25 20:00, Petzl wrote:
    On Thu, 17 Jul 2025 16:48:02 -0400, -hh
    <recscuba_google@huntzinger.com> wrote:


    In reality they are in fact betting on what the stock markets will
    do and Trump's tariff stupiditys make it very easy to trade on
    the dramatic gyrations in the stock market that produces
    ?

    FYI, there's been some pretty compelling evidence that someone's making
    some big profits on insider trading based on Trump's announcements, more
    so than merely the power traders, because of huge calls/puts purchased
    in the minutes before said announcements were made.

    You probably know this
    But always with Stocks someone knows something before anyone else
    That why I set up big charts with
    Parabolic SAR
    P/E Ratio
    MACD
    Volume+
    Good lie detectors or smell when something's going bad or good or
    Great
    Before any official company announcement
    Australian market I know and have a grasp of American market not so.


    A friend who's more engaged than I am has done some statistical analysis
    and their summary conclusion is that roughly 30% of a Stock's price in
    the USA is due to some amount of price manipulation. Therefore, the
    best strategy for the small guy is to "not play", which basically means
    to not make trade: just buy & hold.

    In any event, for the US market, its been 6 months since Trump's
    inauguration, so even the laziest/least capable investors can look to
    their favorite market tracker tool/website and hit the "6 months" button
    to see what that equity's performance has been.

    For example, DJIA's at +0.63% ... that's an annualized rate of ~1.2%

    Versus its long term average annual return of 10.46%, we see that
    Trump's market is grossly under-performing vs its historical norm.
    And FYI, its even worse so for the recent 10- and 5-year period averages
    (11.0% and 12.5%):

    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From pothead@21:1/5 to -hh on Fri Jul 18 21:32:05 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 2025-07-18, -hh <recscuba_google@huntzinger.com> wrote:
    On 7/17/25 20:00, Petzl wrote:
    On Thu, 17 Jul 2025 16:48:02 -0400, -hh
    <recscuba_google@huntzinger.com> wrote:


    In reality they are in fact betting on what the stock markets will
    do and Trump's tariff stupiditys make it very easy to trade on
    the dramatic gyrations in the stock market that produces
    ?

    FYI, there's been some pretty compelling evidence that someone's making
    some big profits on insider trading based on Trump's announcements, more >>> so than merely the power traders, because of huge calls/puts purchased
    in the minutes before said announcements were made.

    You probably know this
    But always with Stocks someone knows something before anyone else
    That why I set up big charts with
    Parabolic SAR
    P/E Ratio
    MACD
    Volume+
    Good lie detectors or smell when something's going bad or good or
    Great
    Before any official company announcement
    Australian market I know and have a grasp of American market not so.


    A friend who's more engaged than I am has done some statistical analysis
    and their summary conclusion is that roughly 30% of a Stock's price in
    the USA is due to some amount of price manipulation. Therefore, the
    best strategy for the small guy is to "not play", which basically means
    to not make trade: just buy & hold.

    You must be an absolute riot on the cocktail circuit.
    OMG!



    In any event, for the US market, its been 6 months since Trump's inauguration, so even the laziest/least capable investors can look to
    their favorite market tracker tool/website and hit the "6 months" button
    to see what that equity's performance has been.


    And the financial experts who predicted Trump's tariffs and other policies would
    sink the economy were wrong, once again.


    For example, DJIA's at +0.63% ... that's an annualized rate of ~1.2%

    Versus its long term average annual return of 10.46%, we see that
    Trump's market is grossly under-performing vs its historical norm.
    And FYI, its even worse so for the recent 10- and 5-year period averages (11.0% and 12.5%):

    -hh

    Yawn.
    If finance were such a science why are stock brokers and financial advisors still working as such?
    Answer = it's more voodo than science and while some factors can be predicted with reasonable accuracy, most cannot.

    Sit 10 financial experts in a room and ask them a finance question and you will get 12 different answers.

    My advice is to mimic what Pelosi is doing as she beat out the majority
    of the top hedge fund and finance firms, by far.

    Not bad for an alcoholic, corpse.


    --
    pothead

    36- George Graves: "Jason. You have started an argument with
    the *Snit (AKA Michael Glasser)*, this should not be done. He
    will drive you crazy with his twisted logic, his deep-rooted
    need to be ALWAYS right at any cost. He will move goalposts,
    set up strawmen, and bore you into submission with his endless
    pedanticism. The only way to engage him is to hit and run. NEVER
    engage him, it's a futile, empty procedure that will only anger
    you and feed him. Take my advice and STAY AWAY!" 27 Oct 2004 <https://web.archive.org/web/20190529043314/http://cosmicpenguin.com/snitlist.html>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to pothead on Fri Jul 18 18:27:59 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 7/18/25 17:32, pothead wrote:
    On 2025-07-18, -hh <recscuba_google@huntzinger.com> wrote:
    On 7/17/25 20:00, Petzl wrote:
    On Thu, 17 Jul 2025 16:48:02 -0400, -hh
    <recscuba_google@huntzinger.com> wrote:


    In reality they are in fact betting on what the stock markets will >>>>>> do and Trump's tariff stupiditys make it very easy to trade on
    the dramatic gyrations in the stock market that produces
    ?

    FYI, there's been some pretty compelling evidence that someone's making >>>> some big profits on insider trading based on Trump's announcements, more >>>> so than merely the power traders, because of huge calls/puts purchased >>>> in the minutes before said announcements were made.

    You probably know this
    But always with Stocks someone knows something before anyone else
    That why I set up big charts with
    Parabolic SAR
    P/E Ratio
    MACD
    Volume+
    Good lie detectors or smell when something's going bad or good or
    Great
    Before any official company announcement
    Australian market I know and have a grasp of American market not so.


    A friend who's more engaged than I am has done some statistical analysis
    and their summary conclusion is that roughly 30% of a Stock's price in
    the USA is due to some amount of price manipulation. Therefore, the
    best strategy for the small guy is to "not play", which basically means
    to not make trade: just buy & hold.

    You must be an absolute riot on the cocktail circuit.
    OMG!

    You're who crushes a beer can on their forehead for entertainment. /s


    In any event, for the US market, its been 6 months since Trump's
    inauguration, so even the laziest/least capable investors can look to
    their favorite market tracker tool/website and hit the "6 months" button
    to see what that equity's performance has been.

    And the financial experts who predicted Trump's tariffs and other policies would sink the economy were wrong, once again.

    Tariffs that keep on getting TACO'ed down the road haven't had their
    impact yet.

    Nevertheless, news out this week on the BBB is that our healthcare
    insurance premiums are likely to rise by ~15% this coming January:

    <https://www.vox.com/health/420049/health-insurance-premiums-rising-budget-bill-trump>

    Now where's that sockpuppet whose diet consists of Ramen noodles? /s


    For example, DJIA's at +0.63% ... that's an annualized rate of ~1.2%

    Versus its long term average annual return of 10.46%, we see that
    Trump's market is grossly under-performing vs its historical norm.
    And FYI, its even worse so for the recent 10- and 5-year period averages
    (11.0% and 12.5%):

    -hh

    Yawn.
    If finance were such a science why are stock brokers and financial advisors still working as such?

    Except I didn't say its a science. I merely observed that Trump's DJIA
    Market returns are woefully bad compared to the historical averages:

    "So how's your 401(k) doing?" /s

    <https://fortune.com/2020/02/11/trump-fact-check-retirement-401k/>

    <https://www.msn.com/en-us/money/markets/meet-the-trump-voters-downplaying-hits-to-their-401-k-s/ar-AA1AJ3eS>

    Answer = it's more voodo than science and while some factors can be predicted with reasonable accuracy, most cannot.

    Sit 10 financial experts in a room and ask them a finance question and you will
    get 12 different answers.

    Merely because you're unreasonably trying to demand said 'accuracy'.


    My advice is to mimic what Pelosi is doing as she beat out the majority
    of the top hedge fund and finance firms, by far.

    Not bad for an alcoholic, corpse.

    My advice would be to not, because for us insider trading is illegal.


    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Petzl on Sat Jul 19 14:49:54 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 7/18/25 20:28, Petzl wrote:
    On Fri, 18 Jul 2025 15:52:39 -0400, -hh
    <recscuba_google@huntzinger.com> wrote:

    On 7/17/25 20:00, Petzl wrote:
    On Thu, 17 Jul 2025 16:48:02 -0400, -hh
    <recscuba_google@huntzinger.com> wrote:


    In reality they are in fact betting on what the stock markets will >>>>>> do and Trump's tariff stupiditys make it very easy to trade on
    the dramatic gyrations in the stock market that produces
    ?

    FYI, there's been some pretty compelling evidence that someone's making >>>> some big profits on insider trading based on Trump's announcements, more >>>> so than merely the power traders, because of huge calls/puts purchased >>>> in the minutes before said announcements were made.

    You probably know this
    But always with Stocks someone knows something before anyone else
    That why I set up big charts with
    Parabolic SAR
    P/E Ratio
    MACD
    Volume+
    Good lie detectors or smell when something's going bad or good or
    Great
    Before any official company announcement
    Australian market I know and have a grasp of American market not so.


    A friend who's more engaged than I am has done some statistical analysis
    and their summary conclusion is that roughly 30% of a Stock's price in
    the USA is due to some amount of price manipulation. Therefore, the
    best strategy for the small guy is to "not play", which basically means
    to not make trade: just buy & hold.

    In any event, for the US market, its been 6 months since Trump's
    inauguration, so even the laziest/least capable investors can look to
    their favorite market tracker tool/website and hit the "6 months" button
    to see what that equity's performance has been.

    For example, DJIA's at +0.63% ... that's an annualized rate of ~1.2%

    Versus its long term average annual return of 10.46%, we see that
    Trump's market is grossly under-performing vs its historical norm.
    And FYI, its even worse so for the recent 10- and 5-year period averages
    (11.0% and 12.5%):

    -hh

    good advice I'm retired getting a it doddery don't invest any more but
    did well on the Australian market.
    After Covid all western economies have been impacted and in recovery
    mode.
    My reckoning on
    Trumps "Big Beautiful Bill" is needed to try and stop the USA from
    Going into a sovereign default
    (when sovereign state fails or refuses to repay its debt in full when
    it is due)

    The BBB cuts revenue, so the risk of sovereign default is made higher,
    not lower.


    Hopefully Trump's bill is a success, but it is risky, and can turn
    from "think big" to sink big

    From a fundamentals standpoint, its best argument attempt is merely
    another rerun of "trickle-down" economics which has never delivered.

    Australian government is full of multi-$billion losing sink big
    schemes, like Solar, Wind generators, Snowy 2, now hydrogen, are all
    showing that they are nothing but financial sink big schemes.

    It depends on what the accounting books really show. The power industry cross-compares technological solutions with what's known as the LCOE - Levelized Costs of Energy. For their commercial power generation, this captures not only the cost of building the infrastructure, but also the lifetime costs of operation and fuel.

    This paper is now dated (2019) but it shows that for the US power
    market, solar/wind's LCOE's are literally half that of coal. Similarly, they're even 25% cheaper than combined cycle natural gas:

    <https://www.noahpinion.blog/p/repost-why-im-so-excited-about-solar>

    ...and while one can say "but what about batteries?", they've had a
    similarly steep cost curve, such that with the above report's LCOE costs
    now being five years old, there can be some battery capacity added to solar/wind at effectively these same cost savings ratios.

    TL;DR: green has a compelling life cycle cost advantage; its why China
    has been going gangbusters on installing it for themselves...anyone in
    the West who's not seeing these savings is probably being grifted.



    Then we also have politicians making fraud scams and milking our tax
    dollars.
    This is just one the two politicians Barnaby Joyce
    (Coalition/Republican) Angus Taylor (Coalition/Republican)
    No charges made all $80 million tax payers money went to Angus
    Taylor's Cayman Islands account, no money recovered? <https://michaelwest.com.au/barnaby-joyce-80m-valuation-discrepancy/>
    https://tinyurl.com/7ahnwzkb
    Barnaby Joyce signed off $80m for Angus Taylor’s old company after
    zero was paid for same sort of water nearby

    Yup, political corruption has been becoming quite bad ... but with these instances being under AU$100M, in comparison to the Trump scams ongoing, they're mere peanuts.


    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From jedempti bogorucu dupe@21:1/5 to All on Sun Jul 20 01:02:07 2025
    XPost: alt.fan.rush-limbaugh, talk.politics.guns

    gop_smacked_loon wrote:

    snout and trotters in trough

    Hey brain dead Oztard MAGA troll, why don't you just fuck off back to your
    cave Down Under?
    Do us a favour and just die in the process

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From pothead@21:1/5 to Governor Swill on Sun Jul 20 15:42:52 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 2025-07-19, Governor Swill <governor.swill@gmail.com> wrote:
    On Fri, 18 Jul 2025 21:32:05 -0000 (UTC), pothead
    <pothead@snakebite.com> wrote:



    And the financial experts who predicted Trump's tariffs and other policies would
    sink the economy were wrong, once again.

    The tariffs have't been implemented yet but the economy has already
    suffered a slowdown on the threat of them.

    <https://www.foxbusiness.com/politics/trumps-tariff-revenue-hit-another-monthly-record-june>

    Looks to me like tariffs are generating income.



    --
    pothead
    "I have a lot of friends who are Democrats, and they’re idiots.
    I always say they have big hearts and little brains.
    Almost every single policy rolled out failed.”

    -- Jamie Dimon CEO JPMorgan Chase.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From -hh@21:1/5 to Petzl on Sun Jul 20 16:40:30 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 7/19/25 20:50, Petzl wrote:
    On Sat, 19 Jul 2025 14:49:54 -0400, -hh
    <recscuba_google@huntzinger.com> wrote:
    reset back to aus.politics,alt.politics.republicans,alt.fan.rush-limbaugh,alt.politics.trump,sac.politics,talk.politics.guns
    I'm in aus.politics

    No problem to retain aus.politics; I'm in AFRL, so I'm going to trim the
    rest as irrelevant (& rude) crossposting if you don't mind.



    [various snips]


    The BBB cuts revenue, so the risk of sovereign default is made higher,
    not lower.

    This is a different man at the wheel though?

    Different man, but same cookbook:
    less revenue is less revenue is less revenue = increased default risk.


    Hopefully Trump's bill is a success, but it is risky, and can turn
    from "think big" to sink big

    From a fundamentals standpoint, its best argument attempt is merely
    another rerun of "trickle-down" economics which has never delivered.

    History shows you are right on "trickle-down" economics Trump's has
    variants though?

    The variations are minor and still rhyme: they're all still cuts for
    the top not bottom, so it doesn't make any real difference.

    This is because additional wealth for the rich simply doesn't "trickle
    down" to the degree that its proponents try to claim. From a fiscal
    principles standpoint, the reason why is because enabling greater wealth concentration *slows* the velocity of money in an economy, because the
    top 5% have greater surpluses, so they spend a smaller percentage of
    their income, which slows the velocity of money & slows GDP growth.

    FYI, the trickle proponents' classical (but dishonest) argument has been
    to point out how tax revenues increased YoY. This is invalid because it invariably fails to normalize by GDP growth. Running the normalization calculation (that of Revenues/GDP) on a before-vs-after basis, the
    typical response is that revenues per unit of GDP decreases.

    To put this another way, the increase in revenues is less than the
    increase in GDP; that revenues would have been higher if no tax rates
    were changed.

    Now the tricklers' compensating counter to this observation is to try to
    claim that the GDP wouldn't have grown as much without the tax cut, but
    as we've already seen, because their policy serves to slow the velocity
    of money, it is fundamentally regressive to economic activity.


    Australian government is full of multi-$billion losing sink big
    schemes, like Solar, Wind generators, Snowy 2, now hydrogen, are all
    showing that they are nothing but financial sink big schemes.

    It depends on what the accounting books really show. The power industry
    cross-compares technological solutions with what's known as the LCOE -
    Levelized Costs of Energy. For their commercial power generation, this
    captures not only the cost of building the infrastructure, but also the
    lifetime costs of operation and fuel.

    The green energy promotion is leaving out the BIG transmission lines
    cost on small power generation <https://www.perplexity.ai/search/the-green-energy-promotion-is-DCB3s82.StmXHyTECTfiRA>
    https://tinyurl.com/yzayjnb5

    "Promoting green energy—especially wind and solar—often emphasizes the low costs of generation but tends to downplay or omit the significant
    expense of building large transmission lines required to deliver this
    energy to where it’s needed. This is particularly relevant for small
    or distributed power generation projects, where the costs may be disproportionately high compared to the scale of generation"

    LCOE takes infrastructure into account in its lifecycle operation costs,
    plus these costs can be managed often better than from centralized power stations because green is often more conducive to decentralization and localization: one doesn't need new/larger powerlines in the street for
    moving power from solar panels on one's own roof into one's own house.

    Plus there's also been innovations demonstrated here, such as in
    Switzerland, where the green power was co-located with existing
    hydropower generation sources ... in effect, the green power reduced the
    net demand for hydro power, saving the potential energy of the water in
    the reservoir...ie, a water based "battery" for energy storage.

    This paper is now dated (2019) but it shows that for the US power
    market, solar/wind's LCOE's are literally half that of coal. Similarly,
    they're even 25% cheaper than combined cycle natural gas:

    <https://www.noahpinion.blog/p/repost-why-im-so-excited-about-solar>

    ...and while one can say "but what about batteries?", they've had a
    similarly steep cost curve, such that with the above report's LCOE costs
    now being five years old, there can be some battery capacity added to
    solar/wind at effectively these same cost savings ratios.

    TL;DR: green has a compelling life cycle cost advantage; its why China
    has been going gangbusters on installing it for themselves...anyone in
    the West who's not seeing these savings is probably being grifted.

    Everything China and or Russia needs confirming, ..

    China's power sector growth is reasonably well enough confirmed to know
    that they're in the lead over the West in solar EV panels.

    Most Chinese don't have fridges yet the are being made there!

    Xi has gone on a huge campaign for increasing China's electrical supply, because he sees it as necessary to maintain his political power &
    control by not having shortages create unrest as the Chinese middle
    class grows (many more are buying refrigerators), so his strategy is to
    push all technical solutions (solar+coal+nuclear) as much as possible.


    ...

    "Our" Media and Major parties are run by lobbyists.

    Lobbyists write the laws, parliament sells the laws,
    paid lucrative commissions for passing their laws.
    That’s the modern legislative business of parliament.

    When we talk about paying-off politicians in third-world
    countries we call it bribery.
    However, when we undertake the same process in parliament.
    we call it lobbying?

    Yup, same here.


    -hh

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From pothead@21:1/5 to Governor Swill on Mon Jul 21 21:13:33 2025
    XPost: aus.politics, alt.politics.republicans, alt.fan.rush-limbaugh
    XPost: sac.politics, talk.politics.guns

    On 2025-07-21, Governor Swill <governor.swill@gmail.com> wrote:
    On Sun, 20 Jul 2025 15:42:52 -0000 (UTC), pothead
    <pothead@snakebite.com> wrote:

    On 2025-07-19, Governor Swill <governor.swill@gmail.com> wrote:
    On Fri, 18 Jul 2025 21:32:05 -0000 (UTC), pothead >>><pothead@snakebite.com> wrote:



    And the financial experts who predicted Trump's tariffs and other policies would
    sink the economy were wrong, once again.

    The tariffs have't been implemented yet but the economy has already
    suffered a slowdown on the threat of them.
    <https://www.foxbusiness.com/politics/trumps-tariff-revenue-hit-another-monthly-record-june>

    Looks to me like tariffs are generating income.

    Tax increases are expected to generate revenue. Pity it's a tax on
    the middle and working classes while the affluent and rich classes
    skate.

    You need to stop watching MSNBC.



    --
    pothead
    "I have a lot of friends who are Democrats, and they’re idiots.
    I always say they have big hearts and little brains.
    Almost every single policy rolled out failed.”

    -- Jamie Dimon CEO JPMorgan Chase.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)