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Everything posted by Jerry_Atrick
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Another myth propgagated nby Skey News et al.. Amazing how if someone puts a catchy degenerative term in front of someone's name, they believe it - or take it hook line and sinker, without doing a modium of research on their own. Here is a look at it. Disable javascript to read it if you want. I daren't put an ABC report for its claimed bias: https://www.smh.com.au/politics/federal/airbus-albo-take-that-bait-and-you-ve-been-played-like-a-trout-20231101-p5egud.html
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Yeah - noticed the property prices took a dip
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That is completely nuts. Most ASX listed companies (and most large companies period) pay out between 30% and 50% of net profit as dividend. This is to allow profits to be reinvested into the business for growthand a buffer against bad times.. But you know, that investment in the case of Ausgrid would be to modernise it to, amongst other things, oh I dunno, handle electrcitity generated from other sources such as, oh, I dunno, wind and solar; or modernise distribution models for batteries, etc.. you know, stuff that allows investors a decent return, but smooths the transistion rather than the big cost that everyone is claiming it will be. At leeast only 17% of the profits is going overseas with the NSW government the main beneficiary of 40-off percent ownership. The loss of jobs is a furphy.. to maintain a renewable system will require as many if not more jobs, and hthe benefit is it will spread it more evenly across the regions as by definition, renwble generation will have to be more distributed, and it has to be maintained. I have spent quite some time in the nuclear generation industry and the amount of people needed to run a nuclear plant isn't what it used to be. Bring in SMRs - and the maintenance is a whole lot less. No one is going in every day and touchign the reactor.. it is the usual stuff like turbines, pumps, etc that are being maintained. That is the same for a coal or nuclear plant. Control systems are far better when they were, and telemetry is deployed a lot more than it was. A lot of the extrra people requied to run a nuclear plant over a coal plant are the helath and safety personnel and much higher levels of security (there is a separate nuclear power police force or something like that in the UK, and they are virtually anti-terrorist units). Yes, they are the same - EPRs. Sizewell was already running late before the first pour of concrete. Hinkley point is years and billions behind (check out the vid I posted in proud parents - daughter was in it for putting the dome pn reactor 2). Bith are subssidised and guaranteed by the govnermnet - socilaise the losses and guarantee the profits. In addition, there are minimum price guarantees per mw/h. Hinkley point was guaranteed at £92 per mw/h indexed from 2012. AI tells me the average spot for wholesale electricity was about £50 per mw/hr.. That is a f$cking big difference - so much for cheap power. Sizewell has similar guarantees.. So, the government has entered a huge contract for difference.. with the exception it fdoesn't pay out for the government. So much for efficient electricity. BTW, all this meddling is not exactly free market and in other coutries, we woudl call it communism. If you want to get jobs going in Aus, supoort a new indiustry manufacturing reneables technology and sell it (or at least use it locally),. Individually renewables is internmittent, but we are not just placing it in one spot in all of Australia, are we?
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There's a Chinese takeaway here that only does cash. No competition in the village, and while they aren't that good, they do a thriving business. However, I feel it has more to do with how much they put through the til rather than the costs of eftpos (they just call it cashless here). There is a farm shop that put in a minimum amount for eftpos transactions - £5; I think. This is illegal under EU law, but as we are no longer in the EU, they can apply it now. And there is a fish and chip shop that prefer to take cash, but will take cards willingly and don't have a minimum fee. Most banks are getting around the cash thing by contracting the post office to handle it on their behalf as well as provide customer facing services that may still be required. We are also undergoing branch closures and new e-banks are always starting up at the moment., The UK banking industry is much bigger than Australia's, but on a rate of return basis, Australian big banks are close to the top of the pack for margins and rate of proftibility - especially their retail and commercial francihses (I think thei investment or coorporate/institutional arms have taken a hit lately, but have to check). Here, there is no direct charge to the consumer for any transactions on your personal bank accounts. Most small businesses also have no charges, except if they exceed a number of times per month physically depositing or withdrawing cash at a counter (there are electronic versions of the old night night deposit boxes they can use for free - and ATMs owned by the banks are also free at use across the network, only some specialist ATM operators charge). You could, although I am not sure now, withdraw small amounts from a supermarket or other major retailer without charge and without having to purchase anything, but I think it was voluntary as they had refused me once when their cash draw was looking thin and were worried they couldn't service their customer. I have been into a branch only a few times this year - once to deposit cash given to me to buy something for my son's birthday; and once to withdraw a significant amount of cash for a scaffolder.. enough said. Mostly, bank transfers pay tradies (even when enough is said). The £30 in my wallet is about 6 weeks old, after dispensing the previous £30 in Chinese takeway.. which I don't get that often as they really aren't that great (in our opinion).
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I don't feel sorry for the farmers. Often, they are quite cunning operators, especially on the commodities markets. They knew what they were voting for and what was promised. They also knew he didn't have the leash of another potential term, so he was likely to let rip. They must have thought they were going to somehow be exempted from his shenanigans, but I can't see how. Also, how exactly were the purported problems disaffecting farmers (and I will admit, true illegal immigration is one, of which refugees are not illegal until their case has been resolved)? The illegal immigration meant they could get willing workers and a fraction of the cost of unwilling workers. The so called repatriation of industries would take an eon, so tariffs as a stick, without a carrot approach could only go one way and increase their input prices. The removal of whatever health care the poorer workers could access to keep them healthy was taken away and precluding those getting sick from working; making people go without food because they don't earn enough doesn't exactly lead to either a healthy or motivated work force. I am not even sure he was used his tariff windfall to really support the farmers because, unless he is able to override the constitution absolutely, he cannot be elected a third time (although there is spealk the constitution means no more than 2 consecutive terms) and his dismantling of the democratic institutions, of which I have to admit, seem to be falling easier than they should, may help him not need the support. So, if anything, the farmers got exactly what they voted for.. and they would have known it was coming unless they thought somehow they could be separated out. Don't feel for them at all - except those that voted Democrats or someone else.. even abstaining was a nod that they would rather see Chump in than elect a democrat and wait for someone better in the Republican party to come along. And I normally defend one's right not to vote.. but when things were getting extreme, they really had to stand up to defend their interests.. which they didn't. On another note, Jimmy Kimmel is back on the air after a massive consumer backlash on Disney businesses. Here is the Youtube clip. It is a very sobering clip, with even a nod to Ted Cruz: Hopefully there will be a sense in Republicans that Chump is losing it and they revert to some sense of normality.
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When they pick up the phone and greet you with, "Melbourne Morgue - Spare Parts - Can I lend you a hand?", get very worried.
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Sadly, with technology, there are just fewer people coming through the door. In theory, there is nothing you can do in th branch that you can't do online anymore - providing you have the tech. Want to deposit a cheque - your phone or webcam photographs it and it is deposited. Want to open a new account at a new bank - online identity verification technology is very good these days; want to take out a loan, or open a business account, transfer money, etc etc.. Your bank knows everything about you that they need to, and can do it.. and because of standardisation through the open banking standards, the bank will check your online transfer to make sure the account numbers and names and BSB codes all match.. Probably less mistakes than made in the branch.. Although I understand Aussie banks are behind the fraud detection curve mainly because they don't have to cough up like they do in other countries if they could have reasonably prevented it. If something is out of the ordinary, internet chat (first a bot and then a real person), or phone can sort it out. Everything is presented to the bot and person in real time. The only thing you can't do online is bank in cash. But, I guess there isn't the demand for it that there was. When I moved back to Aus in about 2003 after living here for 6 years, I got my first banking job. I laughed aloud at two anachronisms; first they were still issuing passbook accounts... Second, they were charging feed to retail clients..
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who bluddy well said once the kids are out you don't cop the lurgy from the school yard. Daughter came home this weekend all flued up.. and now we all have it! Buggah!
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Whereabouts is the church (I am assuming she told you where it was)?
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I think Chump lite is a little harsh... One of the issues Labor has is that the press is generally hostile towards it.. If he takes policies against the interests of those that pay the media for their advertising, those whose interests are being challenged will instruct their media fellas that no play, no pay. And, people still believe everythign they read, or allow it to feed their confirmation bias, and votes are lost. The other issue is the electorate will likely punish any sitting party that makes it more expensive in the short term, even if prices will eventuall drop and the economy becomes competitive again. Of course, that is assuming prices will lower.. Leaving markets to private enterprise where there is a monopoly or concentration of large players often means the market doesn't enter price wars because of this thing called collective pretoction of interests.. in this case to preserve margins.
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no worries! Live 4 today
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Lighten up (had it already)
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[Edit] I hadn't watched the whole vid before postig - the purported leaked vid is a clickbait... The vid is a composition of different vids.. but instead of deleting, thought it was worth pursuing until the voicerover form the Indian looking fella. The message from that was OK, it was just bad editing. [/edit] Back to the 1930s
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Three blind mice
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Head in the sand
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I was lost 4 words
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Chump's state visit was marred - nay, enhanced - with protests of sorts. An activists group called led by donkeys projected a 9 minute mural I suppose ofvChump and Epstien. Channel 4 apparently aired a marathon of Chump v the Truth. Interesting vid on the former : l whole heartedly agree with the conclusion
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That is music to my eyes
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Ha Ha.. When I told my son, as I was going to bring him over as well, his response was, "Great, dad! Can I have the £800 you were going to spend on me?"
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My next car is a BEV... Many people I know are getting them.. Petrol and Diesel cars are on their way out - at least in China and Europe. Range anxiety is a less of a concern now and it will keep decreasing. It was never my concern. My concern is the time and money I invest in this house.
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If you buy Apple for anytjing other than aethetics these days, you're being ripped off. They were great innovators and disrupters, but the pack has caught up iand in some cases overtaken Apple and much lower prices. So, yeah, I would complain, too.. 😉
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Yes.. In the old days, I had my way of getting to the front. Sadly 9/11 closed that off. Thanksfully I don't get hangovers.. Am usually fully rested by the time the plane lands in Melbourne.
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Yes.... Keen for an excuse to take a few days off (my manager is married to a Melbournian and knows it is a solemn religious festival, and not merely sport). Keen for an excuse to get to Aus, even if for a few days Keen to catch up with a few people I haven't for quite some time. And enjoy a game of footy at the same time
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I was not suggesting being belligerent by any stretch of the imagination. Diplomacy is an art as well as a learned skill. What everyone seems to be doing is slurping up Chumps arse and not, via diplomacy, setting a a standard. All these "red lines" are breached by Chump, yet everyone persists? Why? Can you answer that? Because they will be voted out, sacked (execs), etc. That is on you and me.. and eveyone else. That is my point. But if you think it is just getting it off my chest.. well.. you can take it any way you like.. You got any better ideas? Becauise so far, nothing else is working.
