DJTrump just canned Esper. Because, sure, who needs continuity at a time like this?
DJTrump just canned Esper. Because, sure, who needs continuity at a time like this?
Fat hurts wrote:
Trollminator wrote:
It’s really scary stuff, and that’s with FOX already having called it (not before getting behind the Trump conspiracy theories of course). The GOP is probably loving this, getting trump to weaken Biden’s position by casting doubt on his legitimacy before day 1 on the job.
Nah. The longer Trump refuses to concede more the GOP look like a bunch of clowns. They need to be able to distance themselves from this loser, but they can't.
You are going to see a battle within the GOP between those that are still aligned with Trump and those who want to move on. You could even see the party split in two.
I would love that, but have my doubts. There are very few Republicans with any spine. Being a coward seems like a prerequisite in that party. I suspect it will remain out in the alley selling cheap BJs to anyone who drives by.
Trollminator wrote:
Fat hurts wrote:
Fossil fuels are a terrible long term investment. Coal is done. Oil and gas are dying.
Just buy Tesla and you are covered.
BTW it depends what you consider long term. These timeline terms are thrown around loosely. Plus a lot of traditional energy companies have been consolidating their operations to run more efficiently and in a greener way. Some are making a sharp turn and can be very profitable. NG should be in a different bucket altogether btw as that is a transitionary energy source.
By long term, I mean ten years or more.
Name one major traditional energy company that is on a path to green energy. Just look at what they are really doing. It's a false story.
NG is already more expensive than wind and solar. It will be here a while longer until we get storage figured out. So yeah, it's transitional, but I don't expect the transition to take longer than 10 years. By that time, it will be where coal is now, which is on life support.
zephito wrote:
agip wrote:
Just to show how dead-endy the m@gas are...on Predictit you can still get Biden will win the WH for 87 cents today.
Many m@gas really think Trump and Q will pull this thing out.
If Trump decides to mobilze this giant band of nutballs this country is going to suffer.
They are complete believers. Fanatics.
Not really up to speed on these betting markets but I wonder if there are pretty extensive transaction costs involved? That you're not really going to get the full dollar on an $0.87 bet. It might be just as much that as it is emotional pro-Trump people. But not sure - it could be all delusional bettors.
Assuming it's not a deep market, that could also be a few stubborn rich guys supporting the bid. That trade will 100% collapse on them. I think $0.03 would be more adequate at this point. $0.13 sounds like a cheap bet, but on this it's a waste of money.
Fat hurts wrote:
Trollminator wrote:
BTW it depends what you consider long term. These timeline terms are thrown around loosely. Plus a lot of traditional energy companies have been consolidating their operations to run more efficiently and in a greener way. Some are making a sharp turn and can be very profitable. NG should be in a different bucket altogether btw as that is a transitionary energy source.
By long term, I mean ten years or more.
Name one major traditional energy company that is on a path to green energy. Just look at what they are really doing. It's a false story.
NG is already more expensive than wind and solar. It will be here a while longer until we get storage figured out. So yeah, it's transitional, but I don't expect the transition to take longer than 10 years. By that time, it will be where coal is now, which is on life support.
I don't disagree with the long term bearishness in the industry but lets get something straight, oil and it's byproducts will not die out. That is a myth. Sure, as a fuel for transportation and heating/electricity it will diminish, but oil-based products are an input to a massive chunk of all goods. The industry will consolidate, exploration, extraction and refining will continue to cheapen, but it will not die out. I agree we can reduce it enough for it not to continue being a major factor in climate change, but it simply cannot be totally substituted.
Trollminator wrote:
Fat hurts wrote:
By long term, I mean ten years or more.
Name one major traditional energy company that is on a path to green energy. Just look at what they are really doing. It's a false story.
NG is already more expensive than wind and solar. It will be here a while longer until we get storage figured out. So yeah, it's transitional, but I don't expect the transition to take longer than 10 years. By that time, it will be where coal is now, which is on life support.
I don't disagree with the long term bearishness in the industry but lets get something straight, oil and it's byproducts will not die out. That is a myth. Sure, as a fuel for transportation and heating/electricity it will diminish, but oil-based products are an input to a massive chunk of all goods. The industry will consolidate, exploration, extraction and refining will continue to cheapen, but it will not die out. I agree we can reduce it enough for it not to continue being a major factor in climate change, but it simply cannot be totally substituted.
Yeah, plastics and some other petro products will still be with us. Aviation and rocket fuel will still be needed a while longer. But demand for oil and gas will fall off a cliff in the next ten years. It's dead as a major energy source.
Fat hurts wrote:
Flagpole wrote:
Absolute dumf*cks. Even Dr. Carson won't wear a mask. Insanity. Worshipping Donald Trump. I WISH God were real and were vengeful. These people all belong in hell (if it were real, which it isn't).
The Flagpole doth protest too much, methinks
I am unclear what you mean by that. Care to elaborate?
Fat hurts wrote:
Trollminator wrote:
That’s very flawed advice. I am behind clean energy and believe the major players will get fully behind it down the road when they run out of options. However, Tesla is not the best answer, not even close IMO. I believe (and I’m not the only one) that Elon has committed all sorts of financial fraud. He’s a market manipulator and has a long history of fudging numbers. Just about every time the stock was bound to take a deep dive he sprinkled some magic and came up with some new fantastical idea that could not be implemented. Not to mention that the current battery production is a disaster for the environment. I’m not saying the technology is not headed the right way, but I would not put Tesla on a pedestal. Just take a quick look at Tesla’s stock volatility. Big fund managers have embraced it but I do not consider it a safe investment. Again, not because of the industry it’s in but really from a micro perspective. SpaceX is a different story. This is the last I’ll say on Tesla as this is not an investment/trading thread.
OK. Then I'll just tell you where you are wrong about Tesla and we can leave it at that:
* I have seen no evidence of fraud or fudging numbers. If you have some please come forward.
* Their battery production story is getting cleaner all the time. Tesla is even getting into mining to make sure that their supply chain is clean. Mining is never wonderful for the environment, but compared to oil and gas it's clean as soap.
* Tesla is now the most valuable car company on earth. That's because they are years ahead technologically and the other auto makers simply can't catch up. But it's also because they are much more than an auto company.
* Tesla is also a software company. They have a $10,000 software option for full self driving. About 25% of sales include this software, which has huge margins. Other auto makers can't offer this.
* Tesla has no dealerships and no dealership overhead. That means bigger margins (and profits)
* Tesla has no advertising budget. That's right, zero. While all the other car companies spend billions every year to make the public aware of their products, Tesla just sells every car it can make, relying only on word or mouth.
* Future demand for EV's will be huge. Governments around the world are phasing out gas cars. Most other auto makers will not be able to compete.
* Tesla is also an energy company. The order books are full for the next two years for their grid scale battery storage solution.
* Tesla's solar solutions are the cheapest in the industry. The solar roof is ramping up production.
The stock price seems high right now, but it's high for good reason. The only reason it's not higher is because people still don't get it. People still think there will be demand for gas cars in 10 years. It just won't be there.
Even without government mandates, why would you buy a gas car when for a lower price you can get an EV with a 500 mile range that drives itself?
The only thing holding Tesla back is production capacity and now they have plenty of cash to ramp up and meet demand. They are positioned to dominate both transportation and energy in the next few years. The bull case is ridiculously strong.
I don't care enough about Tesla to invest in it, and I have no knowledge of illegal stuff that Musk has done, but I wouldn't put a dime behind him simply because I think he's a bit nuts. He's a brilliant man for sure, but brilliance doesn't necessary translate into business savvy.
I wouldn't touch his company financially with a 10-foot pole. Any financial success of his company long term will be DESPITE Elon Musk.
It seems as if Trump is Hell-bent on worsening his legacy every day.
Flagpole wrote:
Fat hurts wrote:
The Flagpole doth protest too much, methinks
I am unclear what you mean by that. Care to elaborate?
I think you are more of believer than you let on.
Flagpole wrote:
Fat hurts wrote:
OK. Then I'll just tell you where you are wrong about Tesla and we can leave it at that:
* I have seen no evidence of fraud or fudging numbers. If you have some please come forward.
* Their battery production story is getting cleaner all the time. Tesla is even getting into mining to make sure that their supply chain is clean. Mining is never wonderful for the environment, but compared to oil and gas it's clean as soap.
* Tesla is now the most valuable car company on earth. That's because they are years ahead technologically and the other auto makers simply can't catch up. But it's also because they are much more than an auto company.
* Tesla is also a software company. They have a $10,000 software option for full self driving. About 25% of sales include this software, which has huge margins. Other auto makers can't offer this.
* Tesla has no dealerships and no dealership overhead. That means bigger margins (and profits)
* Tesla has no advertising budget. That's right, zero. While all the other car companies spend billions every year to make the public aware of their products, Tesla just sells every car it can make, relying only on word or mouth.
* Future demand for EV's will be huge. Governments around the world are phasing out gas cars. Most other auto makers will not be able to compete.
* Tesla is also an energy company. The order books are full for the next two years for their grid scale battery storage solution.
* Tesla's solar solutions are the cheapest in the industry. The solar roof is ramping up production.
The stock price seems high right now, but it's high for good reason. The only reason it's not higher is because people still don't get it. People still think there will be demand for gas cars in 10 years. It just won't be there.
Even without government mandates, why would you buy a gas car when for a lower price you can get an EV with a 500 mile range that drives itself?
The only thing holding Tesla back is production capacity and now they have plenty of cash to ramp up and meet demand. They are positioned to dominate both transportation and energy in the next few years. The bull case is ridiculously strong.
I don't care enough about Tesla to invest in it, and I have no knowledge of illegal stuff that Musk has done, but I wouldn't put a dime behind him simply because I think he's a bit nuts. He's a brilliant man for sure, but brilliance doesn't necessary translate into business savvy.
I wouldn't touch his company financially with a 10-foot pole. Any financial success of his company long term will be DESPITE Elon Musk.
Steve Jobs was also a bit nuts. Investors did pretty well if they invested in Apple.
I don't like Musk as a person at all. And I held off investing for a long time for that reason. But it just got to the point where I couldn't deny that Musk is right about the future and his company is in the best position to profit from that future. So when coronavirus hit and stocks took a dive, I bought some shares. Now they have gone up five fold.
Fat hurts wrote:
Flagpole wrote:
I am unclear what you mean by that. Care to elaborate?
I think you are more of believer than you let on.
I would LIKE to believe, but I just do not. The idea of a higher power is very enticing for several reasons. While some people just like to "let go and let God", that would not be it for me. I DO though enjoy the thought that what we all do SHOUD have a higher purpose than just gratifying ourselves. Religion and God though are not necessary for that.
Also, while a vengeful God is something to be wishful for when I clearly see supposed Christians (the hateful ones among the religion) sinning, when it comes down to it, I would not prefer that. Any God that I would believe in would be one of Grace.
As I am not and could not be a "believer", I am equally not a "believer" on the other side either. No human can KNOW if there is an omnipotent God or not. I simply do not believe that there is, but I have no issue with those who do. I ONLY have issue with those who do who use it to hate, but I feel that way about anything. Hate is not good. This is why I don't hate. I call people stupid and racist when they are, but that is not hate...that is descriptive of their being. Do I "hate" racists? No. But, I understand those who do, and I do not want to associate with them and will call them out on THEIR hatred.
This story is getting bigger and bigger...Rs had a good election, except for president. Biden was strong enough to win, but Dems are bleeding house seats.
REmember that normally in midterms the president loses a ton of House seats...Rs coudl actually win the House in 2 years unless the Ds figure out how to win.
https://twitter.com/Redistrict/status/1325890297390374913?s=20
Fat hurts wrote:
Flagpole wrote:
I don't care enough about Tesla to invest in it, and I have no knowledge of illegal stuff that Musk has done, but I wouldn't put a dime behind him simply because I think he's a bit nuts. He's a brilliant man for sure, but brilliance doesn't necessary translate into business savvy.
I wouldn't touch his company financially with a 10-foot pole. Any financial success of his company long term will be DESPITE Elon Musk.
Steve Jobs was also a bit nuts. Investors did pretty well if they invested in Apple.
I don't like Musk as a person at all. And I held off investing for a long time for that reason. But it just got to the point where I couldn't deny that Musk is right about the future and his company is in the best position to profit from that future. So when coronavirus hit and stocks took a dive, I bought some shares. Now they have gone up five fold.
Agreed that Jobs was a little nuts. Musk is more so....tenfold more so. Again, I don't disagree that he has the right vision about where the world is headed. I'm just not confided that that translates into business savvy. Even though I am in a position to invest in individual stocks (no debt, own my home outright, already invest more than 15% of my income into mutual funds within retirement vehicles), I do not invest in individual stocks. If I did, I wouldn't pick his company.
Here's the start of the 'have R legislatures throw out the resutls of the election and put R electors in place' strategy.
R states are going to argue that if illegal voting took place in any state, it invalidates votes in all states.
Traitors.
https://www.politico.com/news/2020/11/09/gop-states-back-trump-election-challenge-435437
Well, it's not all bad news. Just two hours ago CNN projected that we flipped a seat in Georgia.
agip wrote:
This story is getting bigger and bigger...Rs had a good election, except for president. Biden was strong enough to win, but Dems are bleeding house seats.
REmember that normally in midterms the president loses a ton of House seats...Rs coudl actually win the House in 2 years unless the Ds figure out how to win.
https://twitter.com/Redistrict/status/1325890297390374913?s=20
Democrats very well could. This is all (other than for President) typical election cycle stuff...that's why I never subscribe to the "X party is done" mantra.
It takes an unusual force (like the hatred for Trump) to derail voting norms.
just imagine of the Dem party worked just as hard at tearing down American institutions. The whole thing would fall apart.
The only thing keeping this afloat is the good deeds of the Democratic Party.
Rs would burn it all down. They are trying very hard to get the structure lit right now.