patrick.net

DooDahMan says

Is a College Degree the Worst Investment You Can Make — or the Best?

Depends on degree,commitment and aptitude.
Me-2 crowd with no idea of college suffers... or do they?... if govt write off their debt or they default.

There is saying in Punjabi that "You can't take away clothes from naked".. Most of these folks have nothing to lose.

I don’t know these days but I can say with certainty that I wouldn’t have the Silicon Valley job I have today without my college degree (EE)

I don't know that it's a bad investment, but it does seem more like an expensive luxury these days (that is if you get the education rather than some kind of watered down KampusKommieKrap)."

It's not an expensive luxury worth stalling your life over with debt unless there is tangible remuneration associated with the degree.

I go back and forth on the issue of a college education -- do you learn anything useful, is it worth the money, etc.. But, I cannot get away from the fact that in the society I live in (USA) having a degree says something important about you.

It just plain means something when you head out into the world.

To me, I think it demonstrates a person has a certain amount of sense and wherewithal and that person can start something significant and finish it.

Often stool doesn't tell you shit. Sure many of these feces forms "could" be the sign of underlying problems, but more often than not they aren't. Digestion, gut bacteria and mocrobiome are extremely complex topics and we're just at infancy level in terms of understanding.

Kepi says

To me, I think it demonstrates a person has a certain amount of sense and wherewithal and that person can start something significant and finish it.

Solidly disagree. Not picking a fight. But most wealthy I know, including one family member, were "morons" by most standards. I don't know of one "intellectual" rich person. I know a lot of rich people (8 figures plus). Most didn't even finish high school. Learning is different than doing. At some point you have to do the job and not think about it. Learn on the job mindset. That's how it works most times.

That and you have to learn how to sell or take other peoples ideas and make them your own. Or invent something and patent it. Both require basic reading, math and writing skills. Nothing extreme. Money and finance is the least taught skill for high schoolers or even college aged kids. Learn by failure I guess.

Even the liberal arts degrees like psychology can land a job such as a social worker for a hospital or non profit. Granted, the pay is not as good as a software engineer, a professional engineer (PE), or a registered nurse.

It depends on how you use or apply the degree. Getting intern jobs during college helps a lot as far as getting started in a career. I tell local college students to get a job working at the local military base such as in the contract administration or logistics / operations offices if they are business majors.

Another thing is even liberal arts majors can get into tech. They can earn certifications such as through Google, Microsoft, etc.

Ceffer says

I don't know that it's a bad investment, but it does seem more like an expensive luxury these days (that is if you get the education rather than some kind of watered down KampusKommieKrap)."

It's not an expensive luxury worth stalling your life over with debt unless there is tangible remuneration associated with the degree.

True, better to live at home and go to a local community college or an online university (. Arizona State online, Univ of Maryland Global Campus, Penn State Global Campus, etc.).

Then transfer and start junior year at a regular university.

Only if you plan on working for a boss.

It can be summarized as the "white collar" barrier of entry.

Only 2 decades ago, paralegals could get a GED and start work. Today, even paralegals are expected to have some BA degree, even if it's in ancient Etruscan bong making because HR & managers want to see that certificate.

I think it was the US that actually pushed the launch button.

komputodo says

Only if you plan on working for a boss.

Bingo. This. As I've said above, most wealthy people I know are of average to below average intelligence if finishing college or HS is the benchmark. I think it's a benefit for them not to finish or go. They don't know any better, don't think things through, analyze it, they just go do it. That mindset can lead to big rewards. Your college education business grad might hem and haw about ROI and all the other snarky terms. At the end of the day, if you get it done, and know a lot of people, you will be successful.

I never understood this concept of a bank creating money.

Seems to me that if:
Assume a deposit of $100.
$10 is maintained on hand as a required minimum reserve.
$90 is loaned out. That $90 is in the hands of the borrower, it is not available to be loaned out again.
The bank just hopes the depositor of that $100 does not want more than $10 withdrawal.

HunterTits says

Credit and Money are two different things.

Absolutely true. But notice how many folks think "home equity money" is cash supplied by the house, and not thought of as just collateral for a loan. That concept of "home equity" is no different than "ass pocket equity," where one considers credit cards with available cash advance money as untapped funds.

But then the borrower of the $90 buys a vintage unopened Band of Gypsies album from his little old lady neighbor, who deposits the money in her bank account. The bank retains $9, and lends out the $81 to a borrower. At this point, the original $100 deposit has created $90 + $81 = $171.

Now the borrower of the $81 hands it over to Sally for a box of cannabis infused brownies. Sally deposits the $81 in her bank, which lends out $71.90 to a borrower. At his point the original $100 has created $90 + $81 + 71.90 = $242.90.

Etc, etc, .....

Title is completely wrong.

Bitcoin says

richwicks says

I'd say it's also about insanity..

Prices are not insane in the US but you would have to have a comparison in order to grasp it.

Let me clarify. You keep doing the same thing expecting a different result. How pathetic that you are still getting the vaccine. It's almost shameful. I am embarrassed for you. You have no spine, no self respect.

Enabling a surgical strike on the unvaccinated and sources of "disinformation":

Al_Sharpton_for_President says

I think it was the US that actually pushed the launch button.

US has the launch button to Russian cruize missiles that landed on Kyiv at 4am on 02/24/22? Wow, aren't US omnipotent!

RC2006 says

Title is completely wrong.

Yep: should be "Putin started a major shooting war in Europe and got an economic war in response"

Rin says

Only 2 decades ago, paralegals could get a GED and start work. Today, even paralegals are expected to have some BA degree, even if it's in ancient Etruscan bong making because HR & managers want to see that certificate.

Yep. 30 years ago, a HS Diploma got you working as a Bank Teller and you could work up to Loan Officer and weren't required to have a degree. You could have a modest career at banks with a HS Diploma. That was back when the forms were in triplicate carbon copy and if you or the applicant made a mistake, it took days to found out when the sheets came back from the home office, instead of computers that instantly say "Did you accidentally add another zero?" if you have a fat finger.

Much of the C64 hardware and firmware was hooked up by a one-term US Army Enlisted Guy from Pennsylvania without a college degree, just the US Army's course for Electrical Repair. And he was in his mid 20s and had only worked for Commodore for a year as a "Fetch this and Solder that" guy when an engineer quit and Jack came downstairs and just gave him the task.

AmericanKulak says

And he was in his mid 20s and had only worked for Commodore for a year as a "Fetch this and Solder that" guy when an engineer quit and Jack came downstairs and just gave him the task.

That's how it works. I was a history major. I learned accounting, websites (wordpress, not much to learn), marketing, photography, etc. all on my own to hit $20M in sales for the brokerage. I was average with tech, but all the other business aspects I had no clue and just learned it on the go. My college degree had nothing to do with it. Hated my boss, but he gave me the leeway to learn and I did on my own. Over 15 years I probably saved him $200k in costs because I could do it instead of hiring it out.

I don't get what he's doing. I don't mind it, but with $1B he could easily create a competitor. Half the users are fake. No different than any site.

WookieMan says

I don't get what he's doing. I don't mind it, but with $1B he could easily create a competitor. Half the users are fake. No different than any site.

He gets it today all the user even if they are 200-300M only.
He has money, Why wait for 5-6 years to get to same level... He is not going to live forever.

Wow that’s huge

FarmersWon says

He has money, Why wait for 5-6 years to get to same level... He is not going to live forever.

He built a car company against entrenched competitors. Competing against Twitter is a joke. He has fuck you money and is trolling people. I'm convinced of this. I don't mind it, but he doesn't care about the value one bit. This was to piss off enemies and probably trying to control the narrative to some extent.

DooDahMan says

Walking Upright - The earliest humans climbed trees and walked on the ground. This flexibility helped them get around in diverse habitats and cope with changing climates.

I don't think that's right at all.
Although humans starting walking upright before major tool use, freeing up the hands was a major benefit for tool use later on.

DooDahMan says

Bodies - As early humans spread to different environments, they evolved body shapes that helped them survive in hot and cold climates. Changing diets also led to changes in body shape.

Brains - As early humans faced new environmental challenges and evolved bigger bodies, they evolved larger and more complex brains.

What are the odds that both these statements together lead to the conclusion that different races of humans have different brain function?

If he tried to make a competitor, he would face enormous pressure from the censorious left for every move he made. Servers going down, internet connection failures, DNS lookup snafus, a barrage of harassing legal attacks from hundreds of jurisdictions around the globe, etc. The left knows that if even one platform allowed free speech, the game is up.

The thing I'm worried about is internal sabotage from the woke employees currently at Twitter.

SDC adoption will likely include external developments as well. Such as transponders/reflectors on road edges, signs, and curbs. Plus info transponders like speed limit and location markers, with sensors to measure traffic density. May even have people required to have a wearable transponder, so the SDC has you in sight with know motion vectors regardless of being hidden from view.

richwicks says

How pathetic that you are still getting the vaccine

Sorry to offend you by getting a booster, lol.
First, this is a RE thread and second its my body my choice.
I actually cant wait to get the next shot! I like the convenience of travelling to Europe without testing every so often. I travel a lot for work. Next one will be pfizer again, probably. Unless you know a better one available in the US :)

At 17, I worked at a Dairy Queen and used the money to rent Cessnas. Planes were cheap to rent back then, and I buzzed a few friends houses flying really low. Never got caught, even though i was low enough to see people looking up at me. I took a buddy or two up as well as the girl next door.

Al_Sharpton_for_President says

But then the borrower of the $90 buys a vintage unopened Band of Gypsies album from his little old lady neighbor, who deposits the money in her bank account. The bank retains $9, and lends out the $81 to a borrower. At this point, the original $100 deposit has created $90 + $81 = $171.

I still do not follow. The borrower buys that Album, but now he does not have the money. When the old lady deposits (loans to the bank) the money, she no longer has the money. If the bank loans out $81 dollars while retaining $9, the bank will not have the money to pay the little old lady if she decides to with draw her $90. What you are describing is like a colonist using a tobacco leaf to barter for corn. Then the corn guy barters that leaf for butter. Then the butter guy uses the leaf for a fish. There is still only one tobacco leaf, all the leaf did was facilitate barter, it did not multiply itself.

Onvacation says

Rin says

And it was beaten up to a pulp

How do you know that there are not long term effects?

In the environment I'd created, at best, 2-9% of the adenovirus would have any chance of surviving. The rest can't survive in either the blood or within the cell structure.

They have a 'payload', the gene vector. Now, if you read through that article, the vault DNA (the intermediary staging 'tables' for the virus to perfuse into one's DNA) is highly limited, then at best, you're looking at perhaps 1-3% of the total injection having any shot of generating Spiked protein intracellularly.

Any person, with 4000+ mg of Quercetin in one's blood real-time, can handle that paucity of viral glycoprotein by-products. Realize, Que mops up loose Spiked protein rather well.

The minimal effects are very short term; in the long term, the gunk is gone.

Yes, if all of the depositors simultaneously wanted to withdraw their money, it would be a bank run. You must have seen It's a Wonderful Life, when there was a run on Bailey's Building and Loan. Now while the bank credits the little old lady with having $90 in her account, it really isn't there, just $9 in this 10% fractional reserve scenario. The bank is legally allowed to regard 10% of the tobacco leaf as being a whole leaf, and so it can lend out the other 90% of the leaf, while showing the colonist that the entire leaf is there in his account.

I'm curious how they calculate 97%, that's a very odd number.

Most of what's listed in OP is bogged down in the needfully complex jargon of the steal.. err central banking system. But if we simply look to that same system for an explanation, it is given:

"Modern monetary systems have a fiat base -- literally money by decree -- with depository institutions, acting as fiduciaries, creating obligations against themselves with the fiat base acting in part as reserves. The decree appears on the currency notes: "This note is legal tender for all debts, public and private." "

(St Louis Federal Reserve, courtesy of Griffin).

Also, in the past few years, even the slightest pretense of restraint is been removed. Banks are free to leverage their federal reserve debt notes at much higher rates than 90%. For every dollar they take in today, banks are loaning at 99% minimum. Also, lest we forget, each of those loans is then loaned out itself, meaning for every debt not in existence cannot cover even 1% of existing debt. But don't take my word for it. Griffin has 600 pages, with foot-notes consisting mainly of primary sources, like the above quote.

HeadSet says

Seems to me that if:
Assume a deposit of $100.
$10 is maintained on hand as a required minimum reserve.
$90 is loaned out. That $90 is in the hands of the borrower, it is not available to be loaned out again.
The bank just hopes the depositor of that $100 does not want more than $10 withdrawal.

This type of restraint went out the window in the late 1800's when silver backing was removed. It is many, many multiples greater than what you describe. I am not exaggerating in the slightest.

Al_Sharpton_for_President says

Yes, if all of the depositors simultaneously wanted to withdraw their money, it would be a bank run.

No. If 1% of depositors wanted their debt notes, it would be a bank run. A cool summer breeze would topple this Creature.

HunterTits says

Credit and Money are two different things.

Not really, operationally they are the same.

Somebody that has $100,000 credit versus somebody that has $100,000 in cash, they can buy the same thing, the only difference is that the person buying on credit is depending on inflation to alleviate their burden of debt.

I have a deep distrust of the system, I suspect the people on credit are soon to be bankrupted, and those that actually have the money won't be. This will hurt the largest group of people possible, and I suspect that our government aims to do as much harm as possible.

We'll see.