patrick.net

B.A.C.A.H. says

A weird ass inflation hedge with a negative cash flow.

(unless they are paying for themselves like driving for Uber, etc).

If it goes up in value it's not different from an owner-occupied house in this regard, lol. You pay for transportation one way or another anyway. =))

FuckCCP89 says

One of my cars is a 20 yo jalopy with 1/4 million miles on the clock. Since last March it has doubled in value if we are to believe KBB. It's not some kind if rare exotic either.

I might sell my beater open market. We didn't trade in because that's bull shit anyway. I've got a 2009 Versa. Works perfect. New brakes. Some cosmetic slight rusting due to salt, but otherwise is a perfectly fine car. Given we have gives (edit: kids. lol) and cloth seats it's not even stained (somehow).

Manual transmission is the only issue. Soy boys don't know how to do that. And the younger age bracket would be the market for it. 200k miles and the last mechanic I was at asked when I replaced the clutch. I said never. The look on his face was priceless.

And before anyone throws shit at me, I kept the car because I was working in Chicago. If you're smart, you don't roll in an expensive or nice looking car. I'm also massively frugal so I can work less. Cars are expensive and only serve one purpose. A to B. I don't need my ego stroked by others.

If prices go up, Biden will simply increase the size of the stimulus checks to make it fair (Yes politicians really think that way. That's how things like Zimbabwe & Venezuela happen).

Also, he will introduce a carbon tax. He will then increase the refundable tax credits for those below a certain earnings thresh hold. (This is how they do things in Euroland and OZ). The politicians there never wonder why their countries' CO2 emissions don't decrease.

Then more stimulus checks (this is the Bernie Sander's method of keeping Biden's campaign promise not to increase taxes on those making less than $400k per year). Just give the people more than $400k per year in "free" money from the government. If they complain about being taxed...you guessed it just send more money.

... and don't forget about those monthly reparation checks...they are sure going to be a winner.

Misc says

Also, he will introduce a carbon tax.

But only for couples making over $200,000.

Right?

Onvacation says

Misc says

Also, he will introduce a carbon tax.

But only for couples making over $200,000.

Right?

No, that's only for corporations. They would never pass on the costs to the consumers.

lol. I swear Dems have never owned a business. My costs go up, so do my customers. I ain't paying that shit to government. It's not that complicated, but has been going on for decades.

We need to cut our government worker benefits. Pay them the same or even more for all I care. But until you're required to take care of yourself, you never understand how the rest of us have it. No more pensions. No more golden health care packages. Public employees are paid MORE than most W-2 private sector workers. So that myth is shit that government workers take less.

Until that happens, we'll have a vast segment of the population that doesn't fucking understand and that is by design. Throw welfare on it and it's worse. It's impossible to change the system. I'm not biased either. My mom as a teacher. Her fucking pension is obscene. My uncle double dipped and is one of the highest paid people in IL sitting on his ass. I love them, but it's bull shit. And they both have liberal views. My uncle will live to 100 probably collecting $300k/yr. Doing nothing productive. They don't even leave the fucking house.

This is why I lean libertarian. Get government the fuck out of our lives. Sorry if it benefits you, but I'm sick of paying welfare to government workers while I get shit.

WookieMan says

Until that happens, we'll have a vast segment of the population that doesn't fucking understand and that is by design.

I wonder what percentage of people are on some form of disability or welfare. I continually find out that yet another person I run across is on disability/welfare, either from non obvious injuries (like some hearing loss) or something like financial support for raising a special needs child.

HeadSet says

I continually find out that yet another person I run across is on disability/welfare, either from non obvious injuries (like some hearing loss) or something like financial support for raising a special needs child.

You'll never find this out. The stats are fucked. My nephew is labeled as poor and his mom gets food stamps but we take care of him. Anything he wants he gets. Our systems are fucked up.

I have a logbook where I track my truck's fuel consumption, going back 15 years when I got the truck. I also record the price I paid, so we can calculate the price per gallon.

May 15, 2006: $3.31 per gallon.
April 03, 2021: $3.36 per gallon.

During those 15 years the state of California has added several tax increases. All the taxes are included in the price paid per gallon. It means that the actual fuel cost before taxes is a bit lower than 15 years ago.

No inflation here.

B.A.C.A.H. says

No inflation here.

I'd agree. Inflation lags in certain sectors though. The price of a lot of products is way up though. Shit, my beer is up at least 10-20%. Cars are up for sure. Inflation is happening, but it will burn out soon once stimulus is churned through.

WookieMan says

We need to cut our government worker benefits. Pay them the same or even more for all I care. But until you're required to take care of yourself, you never understand how the rest of us have it. No more pensions. No more golden health care packages. Public employees are paid MORE than most W-2 private sector workers. So that myth is shit that government workers take less.

The deal used to be, government workers got paid a little less, but had great benefits AND job security.

The new deal is, government workers get paid more, have great benefits, AND job security.

There will be no end to stimulus. 1st there were Trump checks, then an extra $600 shot in the arm check, then Biden's $1400 check with an extra $300 monthly check per child. All of this with billions and billions more of PPP free checks. As a topper the Fed gave out trillions of dollars of free printed money. With a few hundred billion dollars given to state and local governments.

The Blacks don't have to work 'cause they get more in free money from unemployment than they did by working. Added to that they don't gotta pay the rent 'cause they can't get evicted 'cause of Covid. So they've been blowing the rent money on stuff.

The richer you are in society, the more free money you get because of all the free money from capital gains from the stocks you sold.

The middle class got extra free money from the cash out re-fi they did on their houses Look at that an extra $100k and the payments went down too ! ! ! ! !

If you own a house, you get free housing because you don't have to make mortgage payments.

Somehow the banks convinced the regulators that they are doing so well because credit card delinquencies are at an all time low (with 1/3 of families not making last month's housing payment it freed up some cash flow for the credit cards) that the regulators allowed the banks to make dividend and stock buybacks again so the bankers get some extra free money too.

Somehow even with all this free money given to people, homelessness rocketed up.

With the social ills still visiting this country, you can bet your bippy that with Biden in office, more free money will pour forth because if you stop the free money, why it would just push more people into poverty. --- It's for the children.

PeopleUnited says

We need to purge politics from the cronies in both parties who are selling the American people out.

How is that going to happen? They control everything. Maybe send a strongly worded letter to your senator? LOL

MisdemeanorRebellionNoCoupForYou says

The new deal is, government workers get paid more, have great benefits, AND job security.

#VoteBuying K-12 teachers are almost universally liberal/left now and vote that way. Why? Government pays them. Gives them luxurious benefits. The left has won the game of vote buying big time. Unions are the brainwashing portion.

Shit, Chicago is still having trouble getting high school teachers back in the god damn classroom in one of the deadliest cities in America. Yeah.... those kids should be out on the streets and not in school. Because of a flu. The teachers are "scared" or whatever, but they "really, really care" for the children. BS.

komputodo says

How is that going to happen?

Primary them and replace them with a real American

Fucking ignorant assholes like Biden and Al Gore say nonsense about the global warming hoax and non-problem.

Trees, vegetables, and phytoplankton all love CO2.
The food we eat was CO2 before the plant took water and sunlight to make it into carbohydrates.
Trees made cellulose from CO2 so you can live in a wooden house.

I go nuts when I hear another ignoramus say “carbon emissions.”
There’s no such thing; there are carbon dioxide emissions.
Oxygen is a component of the H2O molecule, but you can’t breath water.

Talking about raising taxes is particularly absurd when the government just gave free money for nothing to almost everyone who is breathing to “stimulate” the economy.

clambo says

I go nuts when I hear another ignoramus say “carbon emissions.”
There’s no such thing; there are carbon dioxide emissions.
Oxygen is a component of the H2O molecule, but you can’t breath water.

Hi clambo. Methane is another gas with carbon. It is emitted by flatulence of cows, in fracking and whatnot where oil is sought instead of the methane, and volcanic activity. Methane, like carbon dioxide, has different vibrational states that can absorb the higher energy radiation (sunlight), use it to vibrate the chemical bonds, and emit the difference as lower energy radiation (heat). The "greenhouse effect". Elemental carbon is not emitted from the burning of fuels, is not a gas and so it's not in the atmosphere.

Another molecule that can absorb photons in the visible spectrum, vibrate then emit the difference as heat is the H2O molecule. Yes, water vapor is also a greenhouse gas. When we burn hydrocarbon to capture and use the heat as energy, the carbon is oxidized to CO2 and the hydrogen is oxidized to H2O. Both molecules are greenhouse gases. This is one reason I think the premise for The Hydrogen Economy is bullsh*t. I suppose CO2 molecules, with two sets of covalent double bonds and therefore many more energy levels, are worse offenders than H2O molecules. But still, water vapor is also a greenhouse gas.

In a sense, their "carbon emissions" argument is correct. But it's incomplete, so partly disingenuous.

B.A.C.A.H. says

In a sense, their "carbon emissions" argument is correct. But it's incomplete, so partly disingenuous.

Or does it really matter? There's no valid argument for green energy without considering population reduction. Population reduction reduces the printed GDP. We're too deep down the rabbit hole.

I'm no environmentalists, but we have the resources to sustain 100B people no problem. We focus on coal, cars, industry and "green" energy sources. People are the problem. Always have been. No different than there being 20 million lions on each continent. They'll eventually get ya if you're out for a walk.

Hi BACH

The huge error in the global warming story is the wrong assumption that the sun output of energy is constant.
It’s is not, therefore it is impossible to ever know if the CO2 humans produce has a significant effect on the earth temperature.

Cosmic rays in particular vary greatly from the sun.

At CERN in Switzerland, they could experimentally produce clouds with cosmic rays.

Clouds have a vast effect on temperature as you learned as a child playing in the sun, and the clouds moved in.

WookieMan says

There's no valid argument for green energy without considering population reduction.

That's your opinion. It's fun to Snark-on and get in the last word, isn't it?

B.A.C.A.H. says

WookieMan says

There's no valid argument for green energy without considering population reduction.

That's your opinion. It's fun to Snark-on and get in the last word, isn't it?

Not sure what you're getting at. Sure I quoted you. You didn't address anything I said though. So it must be right. This is a forum. A place to discuss and speak opinions and hopefully facts. I'm confused by your recent push back towards me. It's okay to have disagreement. I have it with regular users here frequently. Yours seems strange I guess.

There's also no "last word" as you say. I'll always respond to a conversation about opinions. Technically it's impossible to have the last word about opinions. Or maybe I'm just crazy?

WookieMan says

You didn't address anything I said though. So it must be right

Snark On.

B.A.C.A.H. says

WookieMan says

You didn't address anything I said though. So it must be right

Snark On.

I'm open to having a conversation. What is the issue? I asked a question and your response is I'm snarky.

WookieMan says

B.A.C.A.H. says

In a sense, their "carbon emissions" argument is correct. But it's incomplete, so partly disingenuous.

Or does it really matter? There's no valid argument for green energy without considering population reduction. Population reduction reduces the printed GDP. We're too deep down the rabbit hole.

I brought forth a question and opinion and you just call me snarky. Renewables are fine. Population is the problem. If you don't want to have a conversation, there's no need to call someone snarky. Just move on or hit ignore.

Price of gas is now about $2.25 Per gallon higher than before the election. At this point I hope Americans are thinking “ orange man Was good, corpse with crackhead son bad!”

PeopleUnited says

Price of gas is now about $2.25 Per gallon higher than before the election. At this point I hope Americans are thinking “ orange man Was good, corpse with crackhead son bad!”

some still tune into cnn to tell them what to think

Biden Tapping Strategic Petroleum Reserve as the elections are approaching for the party short term gains and putting the country in big trouble.

Fortwaynemobile says

some still tune into cnn to tell them what to think

Yeah, and they deserve what’s coming to them. It’s too bad they have to drag the whole country down with them.

Blue says

Biden Tapping Strategic Petroleum Reserve

The strategic petroleum reserve is just a drop in the bucket compared to current oil demands.


https://www.energy.gov/fecm/strategic-petroleum-reserve-9?source=patrick.net
Current authorized storage capacity - 714 million barrels

https://www.handlebar-online.com/writing-tips/what-is-the-us-consumption-of-oil-per-day/?source=patrick.net
“In 2019, the United States consumed approximately 20.47 million barrels of oil daily.

Many may not realize that the United States is such a large oil producer. The United States produces about 9.6 million barrels per day.”


So “we” only have about a 25 day supply of oil in store in the SPR. It is a joke to even consider it more than than political grandstanding and it won’t move the price down enough to even notice a blip on the radar.

B.A.C.A.H. says

Hi clambo. Methane is another gas with carbon. It is emitted by flatulence of cows, in fracking and whatnot where oil is sought instead of the methane, and volcanic activity. Methane, like carbon dioxide, has different vibrational states that can absorb the higher energy radiation (sunlight), use it to vibrate the chemical bonds, and emit the difference as lower energy radiation (heat). The "greenhouse effect". Elemental carbon is not emitted from the burning of fuels, is not a gas and so it's not in the atmosphere.

You do realize that "Greenhouse Gasses, and any perceived ill effect, the media likes to conjure up, is all a huge plate of Bullocks and Rice don't you?

The day we realize $25 a gallon gas, will be the day Humanity fails. Modern civilization simply can't sustain without Oil production, for all of the other products, that make modern life and our low mortality rate on every demographic, compared to pre Oil consumption. We simply depend on every drop we drill for today, and only demand more, that Gasoline business is only an after thought, AFTER we get the other uses out of Oil refinement. You do realize, that the turn of the last century, they drilled Oil and refined it for solvents, lubes and oils for the industrial boom at the time. Gasoline was an unfortunate by--product of the Oil refinement, Rockefeller went to Henry Ford, and asked him make a motor that will burn petrol, rather than the steam engines and electric cars, that were being made at the time. And the rest is History.

When we run out of room to store the Gasoline then all refinement and production will seize and shutdown. Then the TV's, Phones, and Electric cars will quit rolling off the assembly lines and most everything else. This is why Biden keeps "releasing the gas reserves". When we all know Biden and his administration are not releasing the gas reserves to lower the price, but only to make room for new Oil.

Let's see Brandon is releasing 1 million barrels per day for 6 months.

What is in 6 months? --- Why the elections silly.

After that it's prices back up to the moon baby.