Wednesday, November 16, 2022

When you think about it ...

 

Mark Peterson/Redux, for The New York Times

When you think about it, Agent Orange is like a honey badger, relentless, never giving up and ... hate to say it, charismatic, as the money he's made for the networks, while president, was truly epic and ... DeSantimonious is not charismatic in any way, shape or fashion.

A notion devoutly to be unwished ...

Because American politics has been so dominated by an entertainer, the most inevitable thing in the world is a sequel.

Donald Trump is expected to announce his inevitable 2024 presidential campaign on Tuesday in Florida. He is not as weak a candidate as many people might expect — or hope — him to be. I believe he is most likely to be the 2024 Republican nominee for president, and since we have only two major political parties, he could win in the general election — and that would be bad for the country.

Unless and until somebody else comes into the arena and proves otherwise, and despite disappointing Republican midterm election results that many people blamed Mr. Trump for, he remains the leader of the Republican Party. His style of personalized politics is incompatible with coalitional politics of any kind, and his agenda for personal rule in a second term is shaping up to be a nightmare.

He sets out in this pole position because the G.O.P. is a mess. What the midterms exposed again is that the party as it is currently configured doesn’t make any political sense and is a losing electoral proposition.

But that is not necessarily a problem for Mr. Trump. In fact, a Republican Party that is in disarray and divided by bitter recriminations and factional rivalries is the perfect environment for him. After all, bitterness and recriminations are his main instruments, and it is when Republicans are at their lowest political ebb — when they are feeling the most vulnerable, victimized and marginalized — that Mr. Trump is at his political best.

When you think about it ...

Getty Images

Always alert to an opportunity to position himself at center stage, former President Trump held a rally on Saturday in Latrobe, Pa.

Ostensibly a platform for the Republican candidacies of Mehmet Oz for senator and Doug Mastriano for governor, Trump turned the gathering into a promotion for his own 2024 presidential restoration. 

“We’re winning big, big, big in the Republican Party for the nomination like nobody’s ever seen before,” Trump said, referencing an unspecified poll. “There it is — Trump at 71. Ron DeSanctimonious at 10 percent.”

A honey badger indeed.

Monday, November 14, 2022

Near Real Time


 
The Blood Moon 2022 is the start point of this clip with emphasis on recording a most unusual sunrise on the morning after a total lunar eclipse seen by all on the east coast willing to get up at four and face the wind while watching as nature puts on a show for us rubes. Enjoy.

Daffy Duck anyone?

 


Question, would you trust this man to run your business or go out with your daughter as these were the same questions asked of Agent Orange when Trump was running for president.

I think not but Herschel's not the chosen one for smarts, he's the chosen one to be a rubber stamp for the repugs.






Exactly.

Sunday, November 13, 2022

Hush ... Hush, Sweet Charlotte



Hush ... Hush, Sweet Charlotte's storyline goes like this ...


Hush...Hush, Sweet Charlotte.jpg

In indirect fashion, Charlotte also applies to how many countries the US military is surreptitiously involved with in the year of our lord 2022 as the MIC has also gone mad in its endless pursuit of money.


... and we don't include Vietnam in this truly excellent adventure as this CF started over 50 years ago.

What's worse is the fact congress and DOD appear to be in the dark as well.

Sagittarius A*



In the center of the Milky Way lurks a fairly quiescent monster, a relatively small supermassive black hole named Sagittarius A*, a tiny entity compared to its much larger cousin, M87. How these engines of creation and destruction work vis a vis the galaxies that house them has perplexed researchers for years but with sophisticated tools such as the Event Horizon Telescope, these objects of fascination and dread are becoming better understood as seen by Knowledgable Magazine's in-depth article titled What the image of the Milky Way’s black hole really shows.






Read the rest of this detailed piece to see how our black hole was imaged if you dare. :)

Friday, November 11, 2022

Something's Afoot ... :)

Halloween Rocks. Nuff said. :)

600 billion ...


 In A self-inflicted CF,  yours truly complimented Musk on his engineering skills while at the same time, commenting, with vigor, on his disastrous purchase of Twitter, a truly bad investment of historical porportions as the man knows not his limitations in any way shape or fashion. Seems I'm not alone on this take as seen by Barry Gander's excellent article seen below.

Tesla’s stock has just dropped almost 50% to $193/share year-to-date.

Much of the drop comes from Musk’s purchase of Twitter…seen as a bad move. And now Musk wants to put Twitter behind a paywall.

Technical analyst John Roque of 22V Research says that Tesla’s $100/share is possible if things don’t start improving for the auto maker. If it reaches the $100 mark, Tesla’s market value will have fallen from a high of $1.2-trillion in January 2022 to $300-million. At its current price of $200/share, it is worth $600-billion. So even if it doesn’t drop to $100, it has lost $600-billion in less than a year.

For reference, Ford’s stock price only dropped 6% — so the problem is not in the auto market.

It gets better ...

I have nothing against Elon Musk and hope he succeeds, but let’s get real. Very few of his operations make business sense. If it weren’t for the fantasies of the stock market, he would still be a South African rich guy with pockets full of emeralds. Not a bad gig, but not the razzle-dazzle the markets are agog over.

Here’s how unhinged the investment mind-set is: Consider the business logic of the Tesla operation. The stock market puts Tesla’s value at $700-billion (down from $900-billion a month ago). This means that investors need a return of $70-billion a year for the next ten years. At a current profit margin of 15% — not sustainable, BTW, now that the other companies are in the EV game — Tesla requires sales of $480-billion. To get that, Tesla has to sell 10 million cars a year. The entire global passenger vehicle market sold under 75 million units in 2021. The largest firm, Toyota, has about a 10% market share (7.5-million vehicles). Tesla needs to sell more cars than Toyota to be worth the stock market value. BTW, currently it produces less than 1-million cars/year.

What were investors thinking, that they could get a return ten times higher than reality could deliver?

Factoids ...

Tesla in fact would not have got off the ground at all without help from the government: a $465 million Energy Department loan issued in 2010. The funds were double the amount that Tesla raised when it went public that year. This drew criticism from Republican 1.0 politicians like Mitt Romney, who called the company a “loser”. Investor Jim Chanos called Tesla a “walking insolvency”.

In the book Ludicrous — The Unvarnished Story of Tesla Motors, by Edward Niedermeyer, he notes that:

- Tesla can’t make affordable cars;

- Telsa’s ‘Full Self Drive’ function does not work;

- Tesla is not an automotive story, it’s a celebrity story

He sums it up pretty harshly, concluding that Tesla is a confidence game.

In closing, a question to ask the rich ...

Socialism, BTW, obviously does not apply to businesses. However…If you are a taxpayer making (say) $50,000 a year, then $36 of your taxes goes to support food stamps, and $4,000 goes to corporate subsidies. Which group is the socialist group? Which is really living on “economic rent”?

But you would be comforted, no doubt, by the knowledge that you were at least paying taxes and doing your part. In 2007, Jeff Bezos, then a multibillionaire and now among the world’s richest men, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Elon Musk, the second-richest person in the world, also paid no federal income taxes. Michael Bloomberg managed to do the same in recent years. Billionaire investor Carl Icahn did it twice. George Soros paid no federal income tax three years in a row.

These guys could end global hunger, eradicate homelessness, and end malaria, and still have $20-Trillion to take home and split among themselves. You know, in case the polo ponies needed polishing. They could give away $139-Trillion and still be worth as much as they were in 2000.

But Musk is a Republican, so it’s OK.

But it's not ok and, as stated before ...

The purchase of Twitter is one reason for the decline of Tesla’s value.

Friday, November 04, 2022

ST yet again ...

 a clock almost at 6 a.m., overlaid onto a hazy sunrise

Getty; The Atlantic

ST, you know, the return to Standard Time at 2am, Sunday, November 6, is the time yours truly gets an hour of extra sleep, a totally opposite effect when DST goes into effect whereby the loss of said hour vis a vis sleep truly sucks in this rube's opinion. Back in 1974, a "permanent" DST was implemented and people hated it. Being an NYC denizen at the time, waking up in the dark was a total disaster so ... with congress thinking of going DST on a permanent basis, one has to think, will it be any different this time? 

Permanent Daylight Saving Time

A January 8, 1974, article in the Washington Post.

The sun rose at 8:27 AM on January 7, 1974. Children in the Washington area had left for school in the dark that morning, thanks to a new national experiment during a wrenching energy crisis: most of the US went to year-round daylight saving time beginning on January 6. “It was jet black” outside when her daughter was supposed to leave for school, Florence Bauer of Springfield told the Washington Post. “Some of the children took flashlights with them.”

Exactly.

So the question to ask is. why are we doing the clock dance as it messes with our circadian rhythms along with the joy of resetting clocks twice a year?


Have to admit, going back an hour has its benefits.

This weekend, I’ll be waking up to one of my favorite days of the year: a government-sanctioned 25-hour Sunday. Forget birthdays, forget my anniversary; heck, forget the magic of Christmas. On Sunday, I’ll get to do a bit of time traveling as most of the United States transitions out of daylight saving time back into glorious, glorious standard time.

But if we all put aside our differences for just a moment, we can celebrate the fact that this weekend, nearly all Americans—regardless of where they sit on the DST love-hate spectrum—will be blessed with a 25-hour day, and that freaking rocks. If we must live in a dumb world where the dumb clocks shift twice a dumb year, let’s at least come together on the objective greatness of falling back.

I'll drink to that and ... I'm a fan of ST as it works in concert with how life functions in the real world.