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umbrarchist

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Everything posted by umbrarchist

  1. Supposedly the airwaves are owned by the government. Politicing over the air should be free. .
  2. I was working for IBM in 1980. A 3033 mainframe, the Top of the Line cost $3,000,000 with 8 Megabytes of RAM. If you had come back in a time machine and told me about today's smartphones I would have called you a liar. To me we are Living Science Fiction. But our educators cannot figure out what to do with the stuff. Before COVID I was at a high school working on their Wi-Fi. This White woman was talking about The Great Zimbabwe with walls 9 Kilometers tall. I was hardly paying attention until I heard that. High school kids with Chromebooks and teachers who don't know a meter from a kilometer.
  3. I soldered my first computer together in 1979. An 8 Kilobyte circuit board was $120. I soldered my first computer together in 1979. An 8 Kilobyte circuit board was $120.
  4. And you think it would last 13 years. I dropped out of Electrical Engineering and went into audio repair before I switched to computers. Advancing technology is a factor, but design and construction quality matter also. I could believe $500 not $250. But my point was Depreciation which still applies.
  5. UmbrAcounting 101 You will have to forgive the first picture. I could have made a better picture with the photo editor on my phone but it would take days to figure out the app. <Economic Unit> This is a graphic of an Economic Unit. This is not the standard terminology in accounting or economics but I tend to think of things my way. The Basic Accounting Equation is pretty standard though. I had an accounting book that sold for $100 that did not define the equation until page 48. A much cheaper book had it on page 6. I mention this because Accounting is glorified and portrayed as complicated to intimidate people and make them pay a lot of MONEY for courses in accounting. Lots of people get emotional about MONEY and that is one of the problems in the Economic Power Game. https://m.youtube.com/watch?v=YfhDbTY19AE So the equation is: Assets - Liabilities = Net Worth or: Assets - Liabilities = Equity Equity has become more commonly used over the last 20 or so years. I will be old fashioned. An Asset is something of value. An Automobile or a diamond ring qualify. They are very different things but how are their values determined? Somewhere there is a car worth $50,000 and somewhere there is a diamond ring worth $50,000. A liability is a debt that has to be paid. Like suppose you borrow $50,000 and you get to decide whether to buy the car or diamond ring. Liabilities usually means coming up with a fixed amount of money, usually every month. $50,000 at 10% interest over 7 years would mean paying $830 every month and ultimately cost $70,000. That means paying $20,000 in interest. And that is only at 10% interest. Some credit cards are 25% interest. So you see there is a certain liability to Liabilities. I guess that is why they are called that. So if the car is worth $50K and the Liability is $50K, when you subtract 50K from 50K you get a Big Fat ZERO. That is the Net Worth for this scenario, but, there is always a BUT. Cars are complicated machines and stuff happens to them over time in normal use. The Red Arrow pointing down with the "dep" is Depreciation. So by the time 7 years have gone by the car might have 105,000 miles on the odometer. Is it still worth $50,000? Let us assume that 50% of the value is gone and the machine is then worth $25,000. So you paid $20,000 in interest and lost $25,000 in depreciation to end up with a $25,000 car. But you got to drive for 7 years in a car that was originally worth $50,000. Should a buyer think about the Interest and Depreciation before making the purchase? In other words, "Do the Accounting!" Of course there is the alternative scenario. Buy a $25,000 car and a $25,000 diamond ring. The car would be worth $12,500 but how much would the ring be worth? For the sake of argument say it held its value it would be worth twice as much as the car. Of course you cannot drive to work in a diamond ring. https://m.youtube.com/watch?v=ypIx7VWNbfs Now a normal accounting course would talk about debits and credits for weeks before they got to Depreciation. It was beyond page 150 in that $100 accounting book I mentioned. The green arrows with "inc" and "exp" are of course Income and Expenses. For most people that income means a JOB. Those expenses mean, food, rent or mortgage, electric bill, gas bill, car payment, gas for the car, etc., etc. <Panasonic flat screen> But lots of stuff depreciates though. I saw this in an alley and looked up the original price on the Internet. At $2500 it depreciated at $192 per year over 13 years. If purchased with a credit card: Paying $75/MO at 18% It will take 3 years and 11 months to payoff the balance. The total interest is $991.66. Paying $200/MO at 18% It will take 1 year and 2 months to payoff the balance. The total interest is $289.24. To be continued...
  6. Slave Text 180 vus
  7. I certainly understand being tired of telling people things. The American Dream is a neurotic delusion for stupid White people. On another site I am trying to talk about economics and accounting and I get come backs about "racism". Black Americans are too fixated on White people! It is technology that gave White people military and economic power not their Whiteness. But I look at her and the first thing I see is The HAIR. . 113vus
  8. Trump is competent? Can't measure the floor space of a penthouse. He couldn't possibly be lying.
  9. Black men concentrate on beating each other at trivial bullshit. And why should the "smart" White guys deal with us when they can bring in more immigrants to create more competition and mutual sabotage. I listed the books because there needs to be some paradigm shifting around the country. Thomas Sowell and Glenn Loury have never suggested mandatory accounting for Black kids. That group of White folks won't be very public and will be treating the majority of White folks as just other pawns. . 97 vus
  10. https://m.youtube.com/watch?v=fdXoDwGQT78 https://m.youtube.com/watch?v=kBEzFbw_q7k RIJ: Reincarnate In Joy . 15vus
  11. To me that presents a peculiar perspective of how power works. It is half-a-century after the Moon landing and White economists cannot talk about planned obsolescence in automobiles or suggest mandatory accounting in high schools. The White people are hiding information from each other. There are: Smart White people Dumb White people & Brainy White people with various connections to and beliefs about their power structures. A lot of Black Americans seem to think on an emotional level in terms of Apocryphal Monolithic White people. The above comes across like that. And then the Supreme Being is in on it. We have: Military Power Games Economic Power Games & Political Power Games and technology affects all of them. When Africa Awakes (1920) by Hubert Harrison https://gutenberg.org/ebooks/69712 Black Man's Burden (1961) by Mack Reynolds https://gutenberg.org/ebooks/32390 Border, Breed Nor Birth by Mack Reynolds https://gutenberg.org/ebooks/30639 https://sfgospel.typepad.com/sf_gospel/2008/08/mack-reynolds-on-africa-islam-utopia-and-progress.html 2vus to 11
  12. Somebody just wrote this at me today: [Quote] Think white and get real! We know how and why the buildings collapsed—structural damage and fire. “Death of Physics” is an explanation by slow adults and 9/11 Truther flat-earthers! [/Quote] The Laws of Physics do not care about anybody. Race is irrelevant.
  13. Each and every human being has a "paradigm of reality" in their heads. I have concluded that for each person part of that paradigm is emotional and part of it is rational. So two or more people trying to communicate are testing how well their paradigms of reality synchronize. It is possible to have a total “failure to communicate". The Cool Hand Luke Syndrome. Sometimes people's egos kick in and it is not about communicating but "winning". That is why Fiziks is so Phunny! . 25vus
  14. I wish! 348vus It just lets me know something about the activity on a thread. I have to report to the FBI. . How do you know? I just haven't figured it out yet.
  15. I just voted against Trump for the THIRD TIME. Hopefully he will be ShitCanned into prison and never darken my voting booth again. 300vus
  16. Spike Lee is irrelevant: I don't comprehend people who voted for Trump eight years ago. I did not vote for Hillary Caesar because I liked her. 271vus 241vus
  17. Trump's flaws are not overlooked. Stupid assholes vote for stupid assholes. 18vus
  18. 18 views, the number of views when I made the post. 46vus
  19. Rent a McDonald's! Is that listed with AirBnB? 18vus .
  20. And everyone KNOWS that the distribution of steel down a skyscraper is irrelevant to analyzing a straight down collapse. That belongs on an IQ test. 111
  21. One of my mother's complaints about my father was how many guns he had. Dealing with a Real Enemy when a supposed ally is a frienemy is a bitch. .
  22. I started reading Science Fiction in 4th grade. My mother sent me to a Catholic grammar school where the nuns NeVeR taught science. So science fiction introduced me to information and ideas never mentioned in school. Plus it kept me from murdering a nun just to have something interesting to do. So I became accustomed to selecting my own literature and making my own judgements. So when I got to high school for my first English literature course and the teacher starts talking about First Person and Third Person, I'm like "the who what?". To me the Literary People were making a Big Deal out of trivia. I Never got an A in English literature, straight B's. Now we live in a world with smartphones everywhere and kids don't read novels in high school. Never found anything they wanted to read. I refused to read Catcher in the Rye. 763
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