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- Past hour
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So who is a trash talking skip tracer?
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I was just Yank bashing.
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1893, the year the banks went broke, that’s how it happened.
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I confess to being completely illiterate when it comes to economics. Are you likening the world economy to a pyramid scam - which, like all pyramid scams, is destined to implode after a few get ridicularly wealthy from it?
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I know that, you know that, and other members here know that. I was comparing Reagan's attitude to Trump. You would have to be a Facebook member, but when you view one of those reels then scroll down, you get a whole lot more, many on the same topic. There have been so many reels blasting Trump's totalitarian actions from many commentators, it would not be surprising if, at some time soon, he doesn't attract another bullet. There was also a clip of him with closed eyes and mouth drooping on one side like he was having a stroke. Could we be so lucky?
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Reagan says in that speeech that the USA is unique in the world in that it accepts people from all over the world. Another example of the effects of American parochialism. At the very time he was saying this, in 1989, Australia accepted refugees from eastern bloc countries, Vietnam, Chile, Lebanon, Afghanistan, the Balkans, Somalia and Rwanda as well as Europe and North America.
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Getting back to the original theme of this thread, we are facing a total collapse of our global civilisation simply due to the imminent collapse of the financial system. At the moment the global financial system is backed by a sort of promisory note called a Derivative. Jerry will correct me if I am misunderstanding what a derivative is used for. Basically money is loaned on a promise to repay it. The lender holds the record of the promise, but can use it to borrow money from a third party. The third party can then use the second party's promise to borrow from a fourth party. The problem arises if the first borrower fails to pay back the original loan. Then the original lender, who has become a borrower, cannot pay back what was borrowed from the third party, who can't pay back the fourth. The arrangement collapses. It has been estimated that currently the amount of money involved in these promises amounts to 600 trillion dollars - more money than actually exists in the global economy. And who thought up this wonderful financial scheme? Pretty sure you would fing the brilliant minds if you walked along Wall Street.
- Today
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They ai't trash. They are good words of English heritage. Ain't: Originally a contraction of am not, and considered proper as such until in early 19c. it began to be also a generic contraction of are not, is not, has not, etc. This was popularized in representations of London cockney dialect in Dickens, etc., which led to the word being banished entirely from correct English. Trash: c. 1400, "fallen leaves, brush, and twigs used as kindling;" also "things of little use or value" collectively; "waste, refuse, dross; something broken or torn to bits, tattered garment;"
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I think Australia fits that bill somewhat
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They all have a loo in 'em I am a bit buggered today. Problem with long office hours and age is the old body ain't (sooory @old man emu about the Amahericaaamism) what it used to be. and I have used muscles a) I haven't used for years; and b) didn't realise I still had. The skip is alomst full.. One pile is gone to the chagrin of worms and spiders, though the robins loved the pile going. The big pile of trash (sorry again, OME) is about 1/2 way done. I will fill the skip tomorrow - and yes, if there was more than one person, we may have got a little more in than I have.. though there isn't too much air in the skip). Tomorrow morning, walk the dog for his weekly 6 miler; finish filling the skip, then off to Cheltenham to look at a Honda CBF1000 which is on for next to nix to replace the car for the commute to London (which will mean no more missing the trains and waiting 1/2 hour). Yeah, I know the stator is an issue with them, but I have a cunning plan to make it last a little longer. Proper servicing! Photos on Monday (your time) to show the difference. Oh forgot.. need to do the gutters, too.. F! that is a pain of a job.. 11 or so metres of carbon fibre tubing to suck the leaves from the gutters and blast the downpipes.. I think my next house will be in Cooper Pedy... no gutters to clean!
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Ashton Morris joined the community
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Google doesn't need you to select it. They are quietly scraping your every click, or view. Thats how they can target you with information that entertains your interests. Or target you with echo chamber reinforcement.
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Contrast Trump with this final speech by Ronald Reagan as president. https://www.facebook.com/reel/1745797756810381
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Don't you mean 'Aloominum'?
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Here is a very powerful video which emphasises all the worst features of what we know about Trump. I'm sorry it's a link to a Facebook reel and not an upload of the video, but I think it should be seen. Don't be put off by the use of a Muppet at the beginning. https://www.facebook.com/reel/24555158754076020
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I see you've picked the eyes out of it.
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As the lady with her I continence pants on " you just smile " as others cross their legs . spacesailor
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Aluminum?
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If you have a continence problem, public transport is an added risk.
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Today's weather prediction is 32° plus then a storm . It didn't happen , A tiny bit of rain, then the sun came out again & still 32° . spacesailoor PS. : 2050hrs, 30.5° ( call it 9pm )
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I find the public transport is a long & tedious route. and not anywhere comfortable. The end of a plus , forty minute trip, will leave you with a twenty minute walk , to your destination. But that car trip can " drop-off " outside your destination, only leaving a half hour finding A vacant parking space . LoL spacesailor
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Well, it was back to winter today. Hardly stopped raining all day. I think the forecast was for a top of 24 or more today. According to the news, the temps at Watsonia, where Ian lives, were Min - 11, Max - 11. Other areas only increased a degree or two. Tomorrow it's supposed to get to 16 there and at my place. More rain expected. Monday is supposed to get to 29, then back to 15 on Tuesday.
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Thanks, @red750 Let me assure you, it was a momentarily lapse 😉 Not too much aluminum in that pile, thankfully.
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The sad fact is, investors will pay for people who make them money. And the more money they make the investors, the more the will pay the people that make them the money. The only exception are those that will preserve their life a bit more. And, capitalism's major flaw is that there is no such thing as a perfect - or fully competitive market. Left to its down devices, the market will become skewed to those who own more assets than others. So, if you control some of the larger amoutns skewed amount of resources, you will pay big for those who preserve and increase it more than would otherwise happen. Why do you think lawyers and accountants are some of the best paid professionals in the western world? The other sad fact about life is most of will work for money, regardless of what that industry does. Why do I work in banking? Not that I have a love for finance and financial services; it pays a hell of a lot more for much the same cerebral work as I was doing in power station. Banking is full of really clever people (sometimes I am genuinely embarressed interviewing some people given what they have achieved outside banking). And we get them doing very mundane things. And they do it because we pay them 100% plus miore than they get doing what they love. Banking can do this because they have traditionally been money making machines. When I joined banking from nuclear, I was excited because it was so hard to get into as an experienced candidate, but not experienced in banking. I thought the technoloigy and methodology must be out of this world. The reality was they were so very far behind at the time, because if there were porblems, they could just chuck more money and people at it, and preserve the chaos rather than take the cerebral time to think about the most optimal way of doing things. The reason - imagine you're a fast moving consumer goods company where volumes are high and margins are low; or a power generator where it is much the same thing (except for their trading arms, of course). Every penny you can add to the bottom line is massive as they work on net margins often less than 10%. When I entered banking, their net risk adjusted margins (i.e. taking a charge to cover risks that may or may not materialise) was over 60%! No incentive to be really innovative. Since the crash, things have changed. Actually, as banking now realises how climate change is affecting the world, and more importantly, the risk posed to its business model, I am now beginning to feel some pride in working in banking - or at aleast who I am working for - as we are starting to aggressively move away from some of our exposures to high polluting and high-emitting industries and fund climate and earth improving industries.
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Actually, it is atypical of major politicians from the major parties; it is typical of the ones who make the news, and sadly for a a few that reach the top. There is no popular interest in those that work tirelessly with high ethics and morals - people don't get excited by that; so there's not much news on it - if any. We all like to complain about something and the press to their darndest to feed our wants. I don't see too many ALP high flyers (at least in federal politics) embroiled in contraversy... Much to my surprise, Albo seems to be doing a good job of balancing the needs of the coutnry against powerful corporate and foreign political interests... with ethics and morality. And he is the top pollie in the coutnry.
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