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umbrarchist

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Everything posted by umbrarchist

  1. Mass vs OK war Round 2 Oklahoma has almost 7 times as much area but Massachusetts has almost 2 times the population. Massachusetts can't win because the Oklahomans have too much space to hide in. .
  2. I hear that people have been abandoning TwiX in droves since the Triumph of Trump. (X aka Twitter) Steven King announced leaving with his 17,000,000 followers. I was banned years ago. I signed up for something called Blue Sky. .
  3. The Idiot Quotient tests just measure a certain kind of smart. Fixing a broken piece of electronic equipment may correlate with the tests but it still requires knowing electronics. How well it correlates with figuring out that Trump is an Egotistical Moron may require more testing. Black Americans are still stuck with the reality of technology getting more and more complicated and reading performance going down. 20 years ago I offered to pay some nieces and nephews to read some books I selected. They refused. My mother called my science fiction books "Something Crazy!" I ignored her. .
  4. Oversimplification! There are Smart White people, Dumb White people and Brainy White people. I attended an engineering school where you did not get in unless your SAT was in the top 5%. I am not in the all White people are alike rut. I am not say that intelligent White people cannot be racist either. But it has a different style. The "acting White" phrase had not come into Vogue when I was in high school. I was sarcastically called "A scholar and a gentleman". Getting straight A's in math was easy. Was I supposed to apologize for that? .
  5. An electrical engineering drop out Black person who worked as the service manager for a Hi-Fi Retailer and watched White people buying expensive garbage to play status games with each other. The history of the last 550 has been a record of what people with technology can do to people without technology and the people without could not do anything about it. In my rarely humble opinion Black Americans spend too much energy concentrating on the stupid White people and not enough on the technology and economics manipulated by the smart and brainy White people.
  6. I thought Trump was obviously an Egotistical Moronic Asshole in 2016. He spent 4 years as president proving me right, then another 4 years as ex-president putting a cherry on top. More Americans would rather have a White male moronic asshole as president than a non-White female. I admit that I did not pay a lot of attention to Kamala since I knew that I was voting against the asshole come hell or high water. .
  7. President-elect Donald Trump stunned the Pentagon and the broader defense world by nominating Fox News host Pete Hegseth to serve as his defense secretary, tapping someone largely inexperienced and untested on the global stage to take over the world’s largest and most powerful military. If Putin cannot beat a comedian in more than two years he will be terrified by a Fox News host. ROFLMBAO .
  8. UmbrEcon101 Karl Marx used the word 'depreciation' 35 times in the first two volumes of Das Kapital. But Marx died in 1883. Many things which consumers buy today that depreciate did not exist when Marx was alive. Marx and Adam Smith never saw a planned obsolescence economy which amounts to a planned depreciation economy. In Marx's day the subject was called Political-Economy. The Depression shook the United States to the core and affected most of the world. The concept of GNP, Gross National Product, was developed in the late 1930s. What is meant by The Economy and how does one measure it? What is a Good Economy and what should be done to control it? After John Maynard Keynes paid President Roosevelt a visit some time in May or June of 1934, FDR dismissed him as "a mathematician rather than a political economist." In fact, in the Democratic Party Platform of 1936, FDR's party did not adopt Keynesian doctrine. When Roosevelt was finally convinced of the need for a deliberate fiscal stimulus in 1938, it was on the basis of empirical results derived by researchers in his own government who had no direct acquaintance with Keynes's recently published ideas. But it is the response of the economy to the deficit spending, that World War Two required, that is taken as proof of the validity Keynes' ideas up until the 1980s. The Worker/Consumers on the left provide Labor to the businesses on the right for which the businesses pay wages. Goods and Services are provided by businesses in the lower part of the loop for which consumers pay prices thereby completing the circular flow of green arrows, Money, all around the loop. Increasing the speed or quantity or both of that money through the loop is recognized as economic growth. Loops similar to this have been used to describe and explain GNP/GDP since the 1970s that I know of. It was in my Samuelson's Economics textbook that I used in college. It is missing details like taxes and corporate investments. It will not explain fluctuations in the stock market, for instance. But if there is a Gross, there should be a Net. The equation for the Net Domestic Product is: NDP = GDP - Depreciation I have never seen a graphic in any book explaining NDP. I had to create my own: When you read the textbooks on economics explaining NDP you will find that the Depreciation is for Capital Goods. Machinery owned by businesses, like Industrial Robots purchased by General Motors, 18-wheel trucks purchased by shipping companies. They get added to GDP when they are purchased and are then used to earn money for years which is the purpose of Capital Goods. This Depreciation can be filed with the Internal Revenue Service to reduce the taxes paid by a business. This makes it possible for economists to collect the data necessary to compute the Net Domestic Product. So my diagram has a red downward pointing arrow to represent that depreciation. Consequently depreciation actually means two different but related things, the Physical Wear and Tear which reduces a machine's long term usefulness, and the money that the government allows businesses to file in compensation for that reduced value as a cost of doing business. What if an accountant "forgets" to file the Depreciation for a shipping company one year. Does that keep the physical Depreciation from happening to the trucks? Absolutely Not! The Laws of Physics Do Not Care!!! They do not care about the Money! They do not care about the Economy! They do not care about the PEOPLE! When have you heard any economist talk about the NDP? It got half of a page in Samuelson's Economics textbook which was more than 600 pages if memory serves. Of course having an arrow on the right side of the graphic ruins the symmetry of the picture. What has been happening on the Left side of the picture since World War Two? The first home refrigerators began appearing in the United States in 1927. Through the 1930s having a refrigerator was a big deal. By the end of the 30s 45% of American households had refrigerators. It took until 1951 to reach 80%. Less than 1% of households had televisions in 1948. Refrigerators did not require broadcasting stations to make sense to buy. But by 1962 90% of American homes had televisions. Of course automobiles beat other devices historically. 60% of families had cars by 1929 in the United States. In fact the US had more cars than the rest of the world until the 1960s. But machines wear out and break down and must be repaired or replaced or done without regardless of who owns the machines. The Laws of Physics do Not CARE! So what happened to the depreciation on the Left side of the graphic? If depreciation is incorporated into the graphic on the Left what does that imply about the NDP Equation? There are now Two Depreciations. Depreciation of Capital Goods which though acknowledged to exist, is not mentioned to us peons by the glorious economics profession. And the Depreciation of Durable Consumer Goods which must exist and consumers experience but has not been part of the equation for decades. We have been living in a world run on defective algebra. Dcap == Depreciation of Capital Goods Dcon == Depreciation of Durable Consumer Goods NDP = GDP - Dcap (official economic delusion) NDP = GDP - (Dcap + Dcon) (reality) Since consumers make purchases to replace their worn out durable consumer goods they are added to the Gross Domestic Product. This is called Economic Growth though the consumer does not experience any growth since he is spending money just to stay in the same place. GDP ain't what they say it is. GDP == Grossly Distorted Propaganda There were 200,000,000 motor vehicles on the road in the United States in 1995. How many were Capital Goods like 18-wheel trucks doing long haul drives from Seattle to Chicago? How many were sedate sedans for Granny's Sunday go to Meetin'? The Laws of Physics do not care! Machines wear out with use. They even deteriorate if sitting and doing nothing which can be significant if left for too long. So what is the logic behind economists saying nothing about the Depreciation of Durable Consumer Goods over the half-a-century since the Moon landing? Consumers must work to compensate for that Depreciation. Is this just a high technology form of share cropping that is good for GDP? .
  9. Capitalism began being phased out in the 1920s. Corporate Consumerism is the order of the day. PO will kill us all https://m.youtube.com/watch?v=Fz68ILyuWtA
  10. A Trump voter has to be a retard. 'nuff said! .
  11. What is STEM without Physics? The way the ions create an electric field across the depletion zone is physics. The way the read write head in a hard disk drive works is the same physics as in a reel to reel tape recorder. Physics is a continuum schools create these Intellectual barriers that are supposed to exist in people's thinking. Where does atomic and electron physics stop and chemistry begin?
  12. Supposedly the airwaves are owned by the government. Politicing over the air should be free. .
  13. 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. 🤦
  14. 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.
  15. 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.
  16. 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...
  17. 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
  18. Trump is competent? Can't measure the floor space of a penthouse. He couldn't possibly be lying.
  19. 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
  20. https://m.youtube.com/watch?v=fdXoDwGQT78 https://m.youtube.com/watch?v=kBEzFbw_q7k RIJ: Reincarnate In Joy . 15vus
  21. 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

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