Wednesday Forum: August 15, 2018

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1,859 Responses to Wednesday Forum: August 15, 2018

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  1. Mitch M.

    I have very big doubts about anyone that calls themself a genius, but I am pretty sure Trump knew exactly what he was doing when he claimed Waters had an IQ in the 60’s.

    Just let me know when he can take him literally. Or are you one of those people who thinks he is so smart the rest of us must invent interpretations to suit our confirmation bias?

  2. .

    There follows Fr Frank Brennan’s sceptical legal analysis of this phony prosecution.

    We will never see the same law enforced against public school management or administrators, let alone the police.

    (Also remember NSW plod recently made up 395 charges against a gun dealer which were prosecuted to completion [395 charges dismissed] and faced no “justice” indictments themselves. You cannot get it wrong 395/397 times during one case/investigation/prosecution without malicious dishonesty.)

    Anarcho-tyranny indeed.

  3. Roger

    Roger Ramanujan is undeniably a genius even by that extreme standard.

    He may indeed meet Kant’s criteria, dot, although one would like to know more about his education in maths. But then the singularity of his case that only goes to show that the term genius is overused.

  4. Crossie

    I have very big doubts about anyone that calls themself a genius, but I am pretty sure Trump knew exactly what he was doing when he claimed Waters had an IQ in the 60’s.

    In the case of Maxine Waters he was right. Only somebody with an IQ in double digits would think sicking mobs on their enemies is a wise move.

  5. Geriatric Mayfly

    JC, the QF A380 to London via Singapore is a much better product. The 789 service via Perth is a dog that will eventually be popular only with the tiny Perth business market.

    Now that Singapore is back in the frame, has oinker been restored to the in-flight menus?

  6. Crossie

    Infidel Tiger
    #2792083, posted on August 17, 2018 at 9:02 pm
    Spare a thought for poor Miranda Devine this weekend, who will be frothing at the mouth, screaming “Delcon” at the moon

    I am looking forward to my copy of the Sunday Telegraph.

  7. Gary

    Kris Paronto
    @KrisParonto
    · 11h

    My principles are greater than clearances too John, especially when you and the @CIA kool-aid drinkers punished us for not going along with the Benghazi cover-up story in order to protect you, @HillaryClinton ‘s & @BarackObama ‘s failures. You put your politics before us.
    https://
    twitter.com/johnbrennan/st
    atus/1029830514230865920

  8. Crossie

    Now that Singapore is back in the frame, has oinker been restored to the in-flight menus?

    I would not fly with any airline except El Al that does not serve ham.

  9. Ubique

    JC, the QF A380 to London via Singapore is a much better product. The 789 service via Perth is a dog that will eventually be popular only with the tiny Perth business market.

    The direct service from Perth is wildly popular as it bypasses Dubai and other Middle-Eastern cess-pits.

  10. Link for where you copied this nonsense from please cohenite.

    There’s nothing worse than a grub, you, who thinks he’s on a winner.

    Energy production:

    https://www.eia.gov/todayinenergy/detail.php?id=30972

    You said US energy production was 55 GW in 2003 to and 18 GW in 2016. The link you provided was to capacity, not production. There is a big difference cohenite, you arrogant fool.

    Oil reserves US:

    https://www.businessinsider.com/us-has-the-worlds-largest-oil-reserves-2016-7?IR=T

    Obuma hated fossils. I really don’t know what you guys are on about.

    As JC said, Obama oversaw the shale oil boom. Of course he can’t take credit for it, but he also didn’t stop it. You and I can chip him for many things from right and left, but the oil boom happened on his watch.

  11. max

    Hastie gave good reasons to be out of it . Apparently interviewed in Perth and got rave reviews.

    Hastie may have saved his seat.

    It is bewildering that other Libs don’t see that.

  12. JC

    Sdfc

    I realise you’re drunk on Friday nights. You really have to explain the incoherency you posted.

  13. .

    Don’t worry JC, sdfc’s heroes reckon that if you become wealthy outside of politics or academia, you’re a thief.

  14. rickw

    The punters hate it — narrow seats, cramped economy class, people lining up in the aisles to use the dunnies.

    Not to mention that because of crap toilet door design, most of the time the whole aircraft smells like a sunny.

  15. mh

    Of course he can’t take credit for it, but he also didn’t stop it.

    Obama did what he was told.

  16. Mitch M.

    He may indeed meet Kant’s criteria, dot, although one would like to know more about his education in maths.

    What education? He was discovered in India, had no formal maths education, didn’t have a degree, was a maths prodigy in his teens, and persuaded to move to Britain by the mathematician Hardy so his genius could be put to best use. Prior to that he had approached mathematicians with his ideas but they ignored him. It took someone like Hardy to recognize his genius.

  17. JC

    Fatboy

    Of fucking course he tried to stop it. A series of court cases were the only thing that prevented the douchebag from closing it down.

  18. JC

    Oh I get it . The big short, mike burry.

    Yep, the shorts were all lucky. The only thing that helped them were the 200% retardation of the central banks.

  19. Roger

    What education?

    That is the question.

    His biography indicates he had an elementary and secondary education and at least one mentor.

  20. Top Ender

    Sitting in an air-conditioned tent on the Darwin Esplanade in some circus show as part of the annual Festival.

    The things you do to keep the missus happy.

  21. Just let me know when he can take him literally.

    It’s pretty obvious he is just being disparaging.

  22. Roger

    …and at least one mentor.

    Who supplied him with advanced mathematical texts, and, no doubt, instruction.

  23. Zulu Kilo Two Alpha

    The things you do to keep the missus happy.

    You’d have a hip flask, surely?

  24. Steve trickler

    I am confident the only sounds you hear are from this instrument. All the late 90’s and onward dance music sampled this stuff digitally. These type of sounds.

    This bloke puts on a acoustic masterclass.

    Excellent.



  25. cohenite

    There is a big difference cohenite, you arrogant fool.

    Yes slimebag as anyone with a modicum of sense knows when applied to renewables where capacity factor is about 20% of installed capacity. However with fossils and nuclear there is no effective difference hence my link.

    The magic negro through the epa opposed all fracking moron.

  26. JC

    Rickw

    Don’t get a seat near the dunny. That’s not hard.

    Also take Airbus. Personally if it ain’t Boeing ain’t going.

  27. Confused Old Misfit

    The oil boom happened because of Obama’s known attitude towards fossil fuels. He was clearly and simply not agile enough to stop it. It happened too fast for him or his EPA to cope.

  28. Mitch M.

    His biography indicates he had an elementary and secondary education and at least one mentor.

    The mentor was his supporter. He was not being mentored, he was being offered the opportunity to develop his gifts.

    It’s pretty obvious he is just being disparaging.

    Not to me. I saw him in the clip. Not a hint of sarcasm in his voice or expression. Should we take him literally when he described himself as a very stable genius or was that meant to be sarcasm against himself?

  29. JC

    The oil boom happened because of Obama’s known attitude towards fossil fuels. He was clearly and simply not agile enough to stop it. It happened too fast for him or his EPA to cope.

    Lol so true. They also tried finagling a ban but the courts stopped him.

  30. sdfc

    JC, your secret Keynesian is coming out, just like your hero.

    Burry saw a mispriced market and shorted it. EMH zealots hate him for it.

  31. Roger

    The mentor was his supporter. He was not being mentored, he was being offered the opportunity to develop his gifts.

    Well, I suppose one man’s mentor is another’s supporter.

    The facts appear to be that he had elemental and secondary education in maths and thereafter one or more mentors/supporters supplied him with texts which they quite evidently knew the value of, which implies further instruction from their learned selves. Exceptionally bright, no doubt, but not a genius by the Kantian/Romantic definition.

  32. JC

    Top Ender
    #2792106, posted on August 17, 2018 at 9:32 pm
    Sitting in an air-conditioned tent on the Darwin Esplanade in some circus show as part of the annual Festival.

    The things you do to keep the missus happy.

    I’m literally on a plane at Gatwick heading to Italy for a well deserved break. I took the kids as decoys as all I want to do is hang on the beach.

    The Star Treck fuck just just got on the plane. He’s got an enormous head. It’s yuge!

  33. JC

    Sdfc

    I will deal with that nonsense this evening my time. Suffice to say. anyone can look like a genius with a short. But here’s the thing. It’s more certain to make money with longs rather than shorts.

  34. JC

    Chris Pine, that’s him. Lord, he’s got a huge head.

  35. .

    It’s more certain to make money with longs rather than shorts.

    Which he did anyway. He was a doctor who set up a fund and went from “nothing” to 600 mn USD FUM.

  36. H B Bear

    I have heard a rumour – from an MP whose sources I cannot judge – that Malcolm Turnbull, despite having an election just around the corner, will put in his own Governor-General. That’s bad enough, but surely the rumour is wrong – Julie Bishop as GG? Or Sex Discrimination Commissioner Elizabeth Broderick? Is Bishop’s vote really worth that much?

    The Lieborals will need Bishop’s seat after the election. There will be a number of unemployed WA Lieborals looking for a way to get back into the trough.

  37. JC

    Dot

    He was short. Shorting is really hard. There are crematoriums dedicated to shorts. 🙂

  38. sdfc

    It’s more certain to make money with longs rather than shorts.

    More likely over the long term maybe, bit more certain makes no sense.

  39. .

    The whole time? I thought he went long on equities on his way up and building the FUM but then shorted the CDO market and index etc before the credit crunch.

  40. Cactus

    Chance of a leadership spill? I’m going 80% within 2 weeks. Should Malotto be resurrected?

  41. JC

    It makes you more comfortable knowing capt. Kirk is on the same flight 🙂

  42. JC

    Dunno dot

    I lost track of him after his short fame.

  43. sdfc

    You need deep pockets to go short. Which is why the EMH zealot cry of “why don’t you short the market if you think it’s a bubble” is so stupid.

  44. .

    “Eat like chickens, go to the bathroom like elephants…”

  45. .

    Which is why the EMH zealot cry of “why don’t you short the market if you think it’s a bubble” is so stupid.

    I don’t think the EMH zealots go this far. They just say if you lose money; you were wrong and the hypothesis always holds.

  46. JC

    No you don’t, SDFC

    You need good money management skills.

    Trade selection is easy. Money management is really freaking hard…emotionally too.

  47. H B Bear

    See the Bombers … fall just short.

    Have I ever mentioned what a sh1t commentator Kelli Underwood is?

  48. Death Giraffe

    Steve trickler
    #2792112, posted on August 17, 2018 at 9:36 pm

    ..
    That was amazing Steve.

  49. sdfc

    Actually Dot the EMH zealots think the market is never mispriced. Hence no bubbles.

    Sorry JC, I thought you knew what it meant to short the market.

  50. JC

    Okay SDFC

    I’m a novice. Teach me.

  51. P

    C.L.
    #2792023, posted on August 17, 2018 at 8:14 pm

    Great entertainment by Tommy Emmanuel last Saturday night at The Enmore Theatre.
    He mentioned his brother Phil several times during the performance.

  52. Zatara

    Obama shot his wad taking down the US coal industry. He then attacked the rest of the US energy industry by trying everything from incredibly restrictive regulations, to a national gas tax, to banning oil drilling in known resource areas. Thankfully he came into office on the cusp of the shale oil revolution and he didn’t have the clout to overcome to complete his destruction of the industry.

    While this link only covers 2009-2013 it gives a very clear picture of his attempts to sabotage the US energy industry. American Energy Roadblocks By The Obama Administration

  53. .

    The EMH simply relates to efficiency, it does not comment on time inconsistency, which can be impossible to deal with. As a banker, you should be aware of the utter cancer that a changing inflationary environment can wreak havoc on the banking system, which most people would never see directly and probably not understand. The only solution is a larger financial market with the capacity to issue more debt & equity but also and perhaps more importantly, more risk instruments.

    If you have a dopey service station attendant fill up your petrol with diesel, you don’t say the engine is defective; but drive long enough and it will happen to us all.

  54. JC

    Actually Dot the EMH zealots think the market is never mispriced. Hence no bubbles.

    I think there is one moment in markets when there is mispricing. When the punters are panicked and head for the exit like a herd of elephants trying to get through a keyhole.

    (Kirk’s squeeze is really good looking. Wow!)

  55. P

    BTW, if you’re in the area The Golden Barley at Enmore is a great pub to enjoy some time with friends.

  56. mh

    Khan’s London: Six Arrests After Teen ‘Disembowelled’ in Quadruple Stabbing

    A teenager is fighting for his life after allegedly being disembowelled during a quadruple stabbing in London’s so-called ‘murder mile’.
    Describing the incident on the Elmington Estate in Camberwell, a witness said they saw “four or five black boys running, [then] all of a sudden I could hear, ‘Help, help’.”

    Another resident said they saw one of the four stab victims grievously wounded with his “intestines falling on the ground”, according to MailOnline.

    https://www.breitbart.com/london/2018/08/17/khans-london-six-arrests-teen-disembowelled-quadruple-stabbing/

  57. Mater

    It makes you more comfortable knowing capt. Kirk is on the same flight 🙂

    If you get hijacked, his Jack Ryan persona would be more useful.

  58. JCu

    Oh yea, he’s also Jack Ryan as well as cap Kirk

  59. Nob

    Steve trickler
    #2792112, posted on August 17, 2018 at 9:36 pm
    I am confident the only sounds you hear are from this instrument. All the late 90’s and onward dance music sampled this stuff digitally. These type of sounds.

    This bloke puts on a acoustic masterclass.

    Excellent.

    Highly processed sound with big delay. Nothing wrong with that but can’t be done without plugging in.

  60. Yes slimebag as anyone with a modicum of sense knows when applied to renewables where capacity factor is about 20% of installed capacity. However with fossils and nuclear there is no effective difference hence my link.

    The magic negro through the epa opposed all fracking moron.

    You are talking about base load power centred around coal, which is old-style thinking and not that relevant to the US as only 30% of production comes from coal. Again, you are pulling numbers out of your ort and getting it badly wrong. Just quit while you’re way behind.

  61. sdfc

    The EMH simply relates to efficiency,

    Dot EMH not only assumes perfect information, but perfect interpretation of that information.

    Bubbles are fuelled by loose monetary policy. The GFC was caused by loose monetary policy rather than tight monetary policy as JC posits.

  62. .

    How do you deal with time inconsistency even with perfect information sdfc?

  63. Snoopy

    How much US electricity is generated from that new-style wind and solar, Monty?

  64. cohenite

    While this link only covers 2009-2013 it gives a very clear picture of his attempts to sabotage the US energy industry. American Energy Roadblocks By The Obama Administration

    Would you engage the troll, if you can bothered. I can’t. I took an interest in the EPA’s pursuit of having CO2 declared a pollutant subject to regulation. This was entirely due to the obuma administration’s efforts to regulate greenhouse gas emissions from sources like power plants. It followed a tortuous path through the courts and is one of the reasons the magic negro assiduously stacked the courts with midget minded activists. Still it was finally upheld by the SC in 2013. The decision is here.

    Trump has effectively reversed this through a cascade of regulation removal which the decision depended on for implementation.

    Now piss off troll. Or talk to the head prefect about shorting.

  65. How much US electricity is generated from that new-style wind and solar, Monty?

    6% and 1% respectively. But almost all new capacity is renewables.

  66. Death Giraffe

    Donald J. Trump
    @realDonaldTrump
    ·
    1h
    How does a politician, Cuomo, known for pushing people and businesses out of his state, not to mention having the highest taxes in the U.S., survive making the statement, WE’RE NOT GOING TO MAKE AMERICA GREAT AGAIN, IT WAS NEVER THAT GREAT? Which section of the sentence is worse?

  67. sdfc

    The forgotten “genius” Gene Clark, sort of.

  68. Snoopy

    6% and 1% respectively. But almost all new capacity is renewables.

    I’ll bet there’s FA renewables in the pipeline, so to speak.

  69. Death Giraffe

    Thank Christ Clinton was never going to be president.
    Can you imagine it?
    Billy getting sucked off by interns again.
    Hilliary, enraged and destroying regimes around the world, more refugee crises, China rampant, pay for play. Supreme court locked in with lefty fuckwits the next 50 years. List goes on and on and on.

  70. mh

    PJ O’Rourke voted for Hillary.

  71. Bruce in WA

    The WAPOL chopper (“Pigs in Spa-a-a-a-ce”) doing loop-de-loops over our house. FGS, I’m trying to sleep! 😀

  72. DrBeauGan

    PJ O’Rourke voted for Hillary.

    All those drugs in his early years rotted his brain.

  73. cohenite

    Just watching Witness. I must say Harrison and Kelly make a damned attractive couple:

  74. miltonf

    Too right DG- not just destroying regimes around the world- destroying the US too. Very telling how upset Trumble and Fraudenberg were when the bitch didn’t win. She hasn’t gone away yet either.

  75. Snoopy

    Things not looking good for Mueller.

  76. mh

    There will be a new thread at midnight, and zyconoclast is locked and loaded.

  77. Zulu Kilo Two Alpha

    The WAPOL chopper (“Pigs in Spa-a-a-a-ce”) doing loop-de-loops over our house. FGS, I’m trying to sleep! 😀

    Seems that the bloke who was shot by Perth coppers a couple of days ago, was a member of a certain infamous Aboriginal family, who has kept Western Australian police so busy since the early 1970’s, that they should have their own dedicated squad to deal with them. Hint – they weren’t the Ugles.

  78. Top Ender

    Well, survived Limbo – excellent acrobatic and musical ensemble. Featuring a lady fire and sword swallower that made a lot of the male audience rather pensive. Don’t miss ’em! Yes Zulu a hip flask kept the cold at bay…

  79. sdfc

    Dot

    How do you deal with time inconsistency even with perfect information sdfc?

    You can’t. Time inconsistency suggests uncertainty.

  80. I’ll bet there’s FA renewables in the pipeline, so to speak.

    Wrong again.

  81. Also LOL, Trump gave up on his military parade. Another massively embarrassing failure.

  82. Bruce in WA

    Seems that the bloke who was shot by Perth coppers a couple of days ago, was a member of a certain infamous Aboriginal family, who has kept Western Australian police so busy since the early 1970’s, that they should have their own dedicated squad to deal with them. Hint – they weren’t the Ugles.

    Yep, heard the wailing and screaming before he was even admitted to hospital.

    Common question: “Why wasn’t he tasered?”

    Answer: “Through the windscreen?”

    Comment: “He was shot in front of his children! They will never recover!”

    Answer: “Yes, while he was repeatedly ramming a police car — and copper — in a stolen vehicle!”

  83. Bruce in WA

    Also LOL, Trump gave up on his military parade. Another massively embarrassing failure.

    Ummmm, no. Their armour doesn’t use rubber blocks in the treads like ours do. They would have destroyed hundreds of thousands (if not millions) of dollars of DC roads. Common sense to scale it back or quit it.

    “Oh, do be quiet, Bruce. You can be such a bore.”)

    Yeah, facts are soooooooo boring.

  84. Nob

    m0nty
    #2792182, posted on August 17, 2018 at 11:10 pm
    I’ll bet there’s FA renewables in the pipeline, so to speak.

    Wrong again.

    That is a dog’s breakfast which switches between actual Gw, actual Mw , notional capacity and actual delivered, and percentages with zero consistency, and includes hydro when it suits (when counting all renewables) and not when it doesn’t (when expressing wind & solar as a percentage of new renewables, since dams are effectively banned).
    Impossible to make sense of without time on one’s hands and further research.

  85. Bruce in WA

    Hmmmm, parenthesis fail 🙁

  86. Bruce in WA

    OK, looks like everyone’s gone for the night. Feeling quite chuffed, just planned and booked a four-day drive through WA’s wildflower district in a couple of weeks, with good friends. Bring it on!

    Will wait 5 and see if anyone’s alive; otherwise, good night.

    PS: Fecking WAPOL chopper still doing figure-8s over head!

  87. mh

    Bruce, only the sound of squirrels, so I’m going too.

    See you all on the new thread.

  88. Oh come on

    Also LOL, Trump gave up on his military parade. Another massively embarrassing failure.

    m0nty 2015: LOL Trump is a GOP candidate

    m0nty 2016: LOL Trump is GOP nominee and will lose to Hillary

    m0nty Nov 8 2016: (radio silence for several months)

    m0nty Apr-May 2017: LOL SC Mueller is going bring Trump down any day now!

    m0nty Oct 2017: LOL Muellerween!

    (…)

    m0nty [insert date here]: LOL [insert Dem talking point here]

    Getting sad, m0nts. It really is. Tragic. Get help because you’re heading for a breakdown.

  89. Snoopy

    Projections for 2018 are hardly ‘in the pipeline’, but even so I note the proportion of planned renewables is the lowest since 2010.

    So no. Not wrong.

  90. struth

    On Obama’s inauguration he promised to end global warming and sea level rise.
    De he give up or did he win?

  91. Zulu Kilo Two Alpha

    OK, looks like everyone’s gone for the night. Feeling quite chuffed, just planned and booked a four-day drive through WA’s wildflower district in a couple of weeks, with good friends. Bring it on!

    Do it, Bruce. I’m having a final Scotch, then I’m of to bed with a good book. I hadn’t followed the latest deeds of the Br##### family, but it doesn’t seem that they’ve learned much, in fifty years.

  92. Snoopy

    Don’t get too cocky, OCO. If Mueller crashes and burns Monty still has Omarosa as a fail-safe backup.

  93. Bruce in WA

    Do it, Bruce. I’m having a final Scotch, then I’m of to bed with a good book.

    Before we were married, my wife once said she could read me like a book … and it wasn’t a book she was about to curl up in bed with. 🙁

  94. Zulu Kilo Two Alpha

    Closing down now – a very good book by the last serving Bletcley Park code breaker beckons. It seems that these guys were breaking the “Lorenz” code – the one that the Nazis used for all major operational decisions, including those signed by Adolf Hitler, himself – and the British were assured , after the German surrender, that their codes had never been broken..

  95. Death Giraffe

    Bloody pikers.
    Go on.
    Go back to your beds, your books, your wives.
    I’ll wrangle Monty while you sleep.

  96. Death Giraffe

    On second thoughts, fuggit.
    Goodnight.

  97. areff

    Getting sad, m0nts. It really is. Tragic. Get help because you’re heading for a breakdown.

    Why set your hopes so low when suicide is also an option.

  98. Mitch M.

    How this schoolgirl teaches herself the science behind these genius inventions

    There is no explanation for these cases other than an innate talent that emerges without training. Another striking example of that is those cases of brain injury where the individual becomes brilliant in maths or music, or some art form, but the former two seem prominent. Many years ago Alan Synder tried to probe this by using TMS to suppress certain areas of the brain. Haven’t heard about it for years so it is another fail in understanding. I am left with the view that within some brains lie certain extraordinary untapped gifts. If only we could find out how to get at that.

  99. IT;

    A drover’s dog could win the next election with two policies.

    Scrap the RET and limit immigration to 50,000 p.a skilled immigrants.

    Stop immigration and train up our young people who are unable to find jobs because we’ve stolen third world experts who are desperately needed in their own countries.
    This theft of valuable intellectual labour by the West of Third World Doctors/Nurses/Engineers, and Teachers is a post colonial disgrace.

  100. This theft of valuable intellectual labour by the West of Third World Doctors/Nurses/Engineers, and Teachers is a post colonial disgrace.

    May not be such a problem were it not for Australian doctors et al pretty much all refusing to move to where the patients are.

  101. HBBear:

    Disaffected Lieborals don’t have the numbers to bring down Waffleworth. Might as well bring down the government instead.

    And if Gina Rinehart was to chuck a lazy 50 Million at the Libs, in return for control of future direction/policy/parliamentary postings and ministerial positions, how long would Malcolm last?

  102. Tel

    Dot EMH not only assumes perfect information, but perfect interpretation of that information.

    That’s rubbish, it does not presume perfection by any means, it merely states that there’s nothing better available. The market does not need to work particularly well in order to operate better than a government department.

  103. struth

    A drover’s dog could win the next election with two policies.

    Scrap the RET and limit immigration to 50,000 p.a skilled immigrants.

    Don’t you think they know that?
    Seriously?
    Of course they do.
    Now, if they aren’t doing it, the question must be why?

    It is not for nothing they are ignoring the will of the electorate.

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