Total posts: 1,971
Posted in:
-->
@YouFound_Lxam
I’m not endorsing anti-racist ideology; I’m telling you how this tragedy does not contradict anti-racist ideology and its concept of white supremacy.
Created:
Posted in:
-->
@YouFound_Lxam
In anti-racist ideology, this tragedy isn’t black on black; it’s blue on black. The police uniform is but one of the manifestations of white supremacy. White people are not even required for white supremacy to function.
Created:
Posted in:
-->
@PREZ-HILTON
Ok, that makes sense. Reminds me of a time when a coworker was shaking her head over a guy working at a coffee shop with his pants below his butt, showing his boxers off. I remarked, “Ya know, if all young, pretty women found that a turnoff, he would for sure not be dressing that way!”
Created:
-->
@TWS1405_2
Sometimes, imitation is the sincerest form of flattery. And sometimes it is not:
Many people are either unable or refuse to distinguish the difference…
Created:
Posted in:
-->
@PREZ-HILTON
How do females lose power in step 1?
Created:
Posted in:
-->
@ILikePie5
Right. It’s just that MSM has an agenda to make it about race, otherwise the nation would have heard about people dying in police custody such as Tony Timpa…
Created:
Posted in:
Myth, or not?
Written in 2009, there is a book titled “The Myth of the Missing Black Father” which challenges the claim that black communities in the US suffer from a lack of a strong father figure in the family. This book doesn’t exist as an isolated one off, either. Here are just a few other places where this counterclaim is made:
In summary, the claim is that while many black parents do not cohabitate, black fathers are still much more involved in their children’s lives than is generally thought. The claim is that this allegedly pernicious myth arose out of racist inclinations to scapegoat black fathers for shortcomings in black communities. But we have also heard President Obama talk about absent black fathers. The BLM website *used to* advocate for the abolition of the western nuclear family— they have since erased that claim, curiously.
So, which is it? Black communities suffer from absentee fathers, or not? Or somewhere in between? Will the real myth please stand up?
Created:
-->
@YouFound_Lxam
White supremacy has become virtually unfalsifiable. Just about everything in society now finds itself under white supremacy’s ever expanding umbrella: capitalism, the criminal justice system, education, finance, healthcare, you name it.
Consider that even the “OK” hand signal has become a symbol of white supremacy. Some racist kids wondered if they could make the innocent OK sign into a white supremacy symbol, and they were more correct than they could have imagined. That’s a lot of power to cede to white supremacy. It makes me think that there exists a need for white supremacy to be ever present, that there is a certain power to be had in perpetual victimhood status.
Created:
-->
@Greyparrot
George Soros?
Created:
-->
@Greyparrot
KJP lacks the ability to think on one’s feet that the job requires. I think we’ll see her resignation well before Biden’s. It is eyebrow raising to see the White House press corps being sharks smelling blood as opposed to the softball pitchers they have been, with the notable exception of Peter Doocy.
Maybe the MSM is going after Biden so hard so that they can go after Trump for a similar scandal? In other words, if taking down Trump requires taking down Biden, so be it.
Created:
White supremacy? Thanks to the current wave of “anti-racism,” that concept can cover everything from white people intermarrying to being good at math…
Created:
-->
@Greyparrot
Extended unemployment bennies from the ARP have finally run out…
Created:
Posted in:
-->
@Greyparrot
That’s right. Devaluation of currency devalues a company’s future profits, so businesses which have little pricing power or have been unprofitable have been hit especially hard. I should also mention that interest rates have been so low for so long— because of Fed Reserve policies, that stocks got to be overvalued and due for a drop.
Created:
Posted in:
-->
@TheUnderdog
The stock market is doing poorly because inflation has caused the Fed chair to raise interest rates which makes stock ownership less attractive which lowers the price of stocks. Also, the threat of recession caused by rising interest rates lowers the price of stocks.
Created:
Posted in:
-->
@TWS1405_2
By definition, Oprah does lack white privilege. However, she possesses all these other types of privilege, perhaps even more:
Exorbitant wealth
Celebrity
IQ
US citizenship
Heterosexual
Cisgender
Female
Black
Able-bodied
Sentient
Alive
When put into the larger context of privilege, her investigation into white privilege in isolation appears petty and intentionally misleading.
Exorbitant wealth
Celebrity
IQ
US citizenship
Heterosexual
Cisgender
Female
Black
Able-bodied
Sentient
Alive
When put into the larger context of privilege, her investigation into white privilege in isolation appears petty and intentionally misleading.
Created:
If a person who was born male but identifies as female were to be elected president before a cisgender woman, would history acknowledge that person as the first woman president or merely the first transgender president?
Created:
Posted in:
-->
@sadolite
No, it mentions that economic ignorance is a good thing because it keeps economists such as himself employed and how unemployed economists otherwise would lead to economic downfall and *spoiler alert* finally implies that arguing how the loss of just one job type leads to economic downfall is an example of economic ignorance.
Created:
Posted in:
-->
@Public-Choice
It was the WSJ which requires a sub. Not an opinion piece, even. Too many of the comments were along these lines:
“Wages rise BECAUSE of inflation. Therefor, they cannot contribute to inflation!”
“What about all these corporate windfall profits and price gouging and the inflation they cause?”
“Wages are rising at a lower percentage than the inflation rate. Therefor, they cannot be contributing to inflation.”
“So, they complain about rising wages for workers (the article wasn’t complaining, rather stating economic fact), but not the exorbitant pay for CEOs?”
Only about 10-20% of the comments understood the article in its intended context.
Created:
Posted in:
I read an article about rising wages in this tight labor market and its contribution to this inflationary environment. It was a decent article, imo. Then… I perused the comments section. Now, I’m just a dabbler in economics, but the waves of confident, angry ignorance in many of the comments was just a facepalm assault for me. I’m talking merely basic fundamentals here, not “Keynes vs Friedman” or anything close to that. It almost caused me physical pain. Why such arrogant ignorance regarding economics??
Well, I read another article which pointed out that, unlike so many other esoteric subjects such as physics, chemistry, engineering, horse breeding, etc., people have a personal stake in the economy and their place in it. We all make and spend money and are part of the economy. That lends itself to becoming highly opinionated on the subject, even if one knows very little about it. In fact, it said, we all need to be mindful of what we don’t know. Excellent point!
Finally, I got to this article, which is simply awesome in its use of irony (I hope people in an economics forum both read it and “get” it):
Created:
Posted in:
-->
@ILikePie5
reality is an apples to oranges comparison to EMH conditions.
I don’t get what you mean here. Aren’t we talking about reality here?
While luck certainly plays into it, there comes a point where enough time has elapsed (a decade or more) that skill, temperament, instinct, and hard work come into play…
Created:
Posted in:
-->
@ILikePie5
Think of it from this perspective. If you thinking something is overinflated, there’s gonna be other people at the same time as you and even before you to have shorted the stock
When it comes to shorting, I think of this saying: “the market can stay irrational longer than you can stay solvent.”
I would definitely say that markets have been getting more efficient in the internet age with such fast access to current information, but I believe that people are emotional and panicky, especially when it comes to money. Yes, most money managers aren’t much better than a coin toss at making choices, but I would say that is because investing/trading is hard, not because markets are inherently efficient. The fact that some of the same people can regularly beat the market debunks EMH, IMO. There are probably numerous savvy retail investors who beat the market, too. Retail investors aren’t held down by the same SEC rules and aren’t beholden to the emotional whims of clients they don’t have.
Is it worth all the extra effort for a small chance of achieving alpha? For the vast majority, no.
Created:
Posted in:
-->
@ILikePie5
Thanks for your answers— I had forgotten about the various levels of efficient markets.
A correction means that new information suggests that the price is overinflated. Information leads to price changes. Maybe new research came from academia, maybe the CEO said something, etc.
Savvy market watchers can often calculate that assets are overinflated, and corrections confirm their suspicions. Corrections suggest inefficiency to me. I guess I just don’t buy EMH…
Buying and selling is how stock prices change. If you are buying, then overall, you have information that suggests the price is going to go even higher. Opposite for selling. Essentially, any new information becomes priced into the stock price in seconds
I’m not asking about supply and demand pressures. I’m asking about the stochastic indicators of overbought and oversold equities. They often preceed small dips and pops in an equity’s price, respectively. Perhaps EMH proponents don’t believe in such terms in the first place? Any buying or selling of an equity being done to excess would suggest an inefficiency to me.
Created:
Posted in:
I’ve heard of EMH, but I’m no expert! I understand that it is taught in college economics and is the dominant explanation for market prices. So, for those more familiar, I have a few questions:
1. How does EMH account for “corrections”? Doesn’t a correction mean things were overpriced?
2. How does EMH account for equities which are overbought or oversold? When a trend is overdone, doesn’t that imply an inefficiency in pricing?
Created:
Let’s go, Brandon!
Created:
-->
@Greyparrot
From your quoted column:
“Here’s the thing: People who are not Black don’t get to make decisions about what we feel is best for us...
So, yes, I do believe that a wealthy white man will do less damage to Black Californians than Elder, a Black man who rose from poverty. On Tuesday afternoon, several Black elected officials, led by Rep. Barbara Lee (D-Oakland) held a rally via Zoom to say they believe the same.
The reason is simple. Newsom is at least trying to do what most of us want by addressing the root causes of our problems by dismantling white supremacy, not by embracing as supporters some of the very people who embody it.“
Something isn’t adding up in her line of thought…
Created:
Posted in:
-->
@Public-Choice
Heh, I see what you’re doing here, and it worked like a charm! Well done…
Created:
Posted in:
-->
@thett3
Yeah, it’s hard to change inertia but if losing one of the most easy to win elections ever isn’t a wake up call I don’t know what is. Wherever the GOP nominated competent candidates like Brian Kemp or Ron DeSantis or Lee Zeldin they overperformed but even 8.5% inflation couldn’t convince the voters to go with semi lucid celebrities over actual candidates. I can’t say I honestly blame them. There’s an insane demand right now for competent governance more than there is for ideology so whichever party can ditch its crazies faster, or at least lessen their power, will win big next time around
Probably true, with a couple of exceptions: Lee Zeldin has lost to Hochul; Pennsylvania went with ideology over competence.
While I predicted a red wave, I worried that Reps would fail to legislate effectively once given the majority. As it stands now, the Dems get yet more time to own our nation’s situation. It should make for a ripe 2024!
Created:
Posted in:
-->
@PREZ-HILTON
Fetrerman is suffering from extreme mental deficiencies and he shouldn't be made fun of.
True.
This, from CNN:
“Fetterman, the state’s lieutenant governor since 2019, and Oz, who was endorsed by former President Donald Trump, ran one of the most contentious and expensive Senate contests in the country – all of it while Fetterman continued his recovery from a pre-primary stroke that often limited his ability to speak on the trail.”
See what they did there? Stephen effing Hawking could have been described similarly…
Created:
-->
@bmdrocks21
It’s pretty easy to figure out why even black people are split over AA. Half are pro for pretty obvious reasons. I figure that the con half believes AA has a devaluing effect in whatever involves it. There are your Yale graduates… and then there are your minority Yale graduates. It is inevitable that people will rate accomplishment according to skin color… which feeds into the very problem AA is attempting to solve.
Created:
-->
@thett3
I agree, everything good starts at home and the home life for a lot of people is really really bad. That’s one reason I get really annoyed at these hamfisted policies. It’s probably hard to change a half century long decline in the family but we haven’t really tried either!!
Yet recently I became aware of the missing black father allegedly being a myth:
So, what’s the explanation for academic underperformance, then? I have heard from multiple sources that one of the big problems is de facto segregation. Ok… then why don’t white and Asian students underperform when segregated? Then you look at the “white privilege” checklist mentioning that white students are more likely to have a white instructor. So… black teachers should teach black students? Isn’t that segregation? And there’s Obama’s controversial former minister, Rev. Wright, explaining how black kids learn differently from white kids and need black teachers who understand this. Isn’t that segregation?
Below is an opinion piece trying to explain the gap (which is narrowing, last I heard). It says that even when black and brown students are afforded all the advantages of affluence and good schools, they still underperform overall. The final conclusion? Racism. The “soft bigotry of low expectations”:
One thing I will agree with— the US system of funding schools via property taxes basically ensures that richer neighborhoods will have better funded schools and teachers, but that is not specifically addressed in this particular article…
Created:
Posted in:
-->
@IwantRooseveltagain
The first page addresses the situation. The other 60 odd pages detail the platform:
Created:
Posted in:
-->
@IwantRooseveltagain
There is no official GOP PLATFORM right now.
You mean that its 2016 platform was not revised in 2020.
Created:
I’m going to have to go with runaway inflation.
Created:
Posted in:
-->
@Greyparrot
“White people” is the one race which “enlightened people” feel they can discuss in a pejorative sense— along with identities such as male, straight, and cisgender. But, thankfully, even these “acceptable” prejudices appear to have some limits…
Created:
-->
@thett3
Academically inclined Asians gotta check their privilege!
I can see the potential benefits of higher education being diverse, but I think our understanding of the word “diversity” needs to be more diverse as well. Why must it mean chiefly black and brown people who relatively underperform?
By the time students who need AA get to college age, our education system— or their parents, or their life circumstances, etc.— have already failed them. These shortcomings don’t get magically fixed in college. Too often, AA students drop out and with a hefty college debt— a worst case scenario, imo. They often major in soft studies such as African American Studies, Rhetoric and Communications, International Relations, etc. These pursuits don’t help a kid get ahead in life…
Created:
Posted in:
-->
@IwantRooseveltagain
What do you believe are some of the lies which helped Trump win the presidency?
Created:
Posted in:
Biden’s central premise as a candidate was that he would preside as a centrist. It was effective…
Created:
Posted in:
-->
@Greyparrot
“For their part, the DNC and Wasserman Schultz have characterized the DNC charter’s promise of ‘impartiality and evenhandedness’ as a mere political promise—political rhetoric that is not enforceable in federal courts.”
Created:
-->
@Greyparrot
You’re certainly entitled to your opinion. The difference is that my opinions are based in logic and reason, whereas yours are based in an emotional need to “own the libs.”
Created:
-->
@Double_R
I don't wonder at all, I'm discussing issues with people like yourself who are intellectually lazy and very defensive of protecting the sense of self identity politics gives you. So you throw your jabs wherever you see an opening and then retreat when a thorough and thoughtful response is given that you can't handle. And to protect from your own inability to handle it you pretend I'm the problem and dismiss everything I said with no further thought by going with the generic "you're not worth my time" response.
You are… you’re way off, man… ya hear me? Way off!! *tears begin welling up and storms off*
Created:
-->
@Double_R
No, I'm not. If you actually read the conversation you decided to chime in on, this is about the false equivalence between Clinton and her supporters claiming Trump was an illegitimate president vs Trump and the MAGA right claiming the 2020 election was stolen. I'm not defending the "illegitimate president" position, just pointing out that it's not absurd the way the stolen election claims are.
I merely supplied analysis from a source I thought you might respect, without daring to supply any analysis of my own. Silly me— you are clinically unable to take in opposing facts and analysis no matter what the source. Honestly, because your outright dismissals and weaselly rationalizations are to be expected, I “decided to chime in” for the benefit of others who might be reading, so it isn’t a complete waste.
Yet you wonder why your posts garner mainly low effort, troll responses. Perhaps the results of the midterm elections will snap you out of it, but I’m not holding my breath. Again, hope springs eternal…
It came from the Mueller report genius;
As suspected, no sense of humor. Even worse, no sarcasm detector…
Yes, they are. Just a few days ago it was revealed in the Bob Woodward recordings that Trump claimed to have a plan to fight the pandemic but decided he wouldn't tell anyone yet because it was too far out from the election and no one would remember what he did if it came out too soon.In other words, he decided that it was ok for hundreds of thousands of Americans to die so he could improve his chances of winning reelection.So did this make headlines across the country or command Congressional investigations? No. It was barely reported on, because no one cares. This isn't news, this is Trump being Trump. Everyone knows this is the kind of president and person Trump was and is.If Biden was caught on tape saying anything remotely like this it would be played on Fox news every day for the next 5 years and you know it. Hell, they still talk about Benghazi where the same thing was alleged of Clinton and Obama despite having no evidence of it and it resulting in four american deaths (not hundreds of thousands).You cannot sit here with a straight face and pretend these two men remotely reassemble each other when it comes to concern for their country vs concern for themselves.
“That was four days ago, five days ago.”
Created:
-->
@IwantRooseveltagain
And you left out an answer to an honest question.
Created:
-->
@IwantRooseveltagain
Which is the greater threat to the integrity of our elections:
A. Foreign interference
B. Alex Jones et al
C. Both A&B are essentially equal threats
Created:
-->
@Greyparrot
If he were that concerned about foreign influence, he wouldn’t have such a narrow definition for it— “Russia helping a specific candidate.”
Created:
-->
@IwantRooseveltagain
Name anther election in which Russia tried to help a specific candidate.
Can’t say for sure if it’s intentional or not, but you are shifting the goalposts. I’m talking about the sowing of chaos in the US and foreign interference in US elections. You turn that into further examples of Russia actively trying to help a specific candidate, as opposed to a nation meddling in US elections.
To detail where I’m coming from, take US intervention in foreign elections as a starting point. Simply put, the US does it. Opposing Mossedegh in Iran is the first example which comes to mind. Add in Snowden’s leak where the extent of nations interfering in the business of other nations is put out in the open. Add in the Mueller Report findings. From there, it is not a big stretch that foreign election interference happens, and that 2016 was not an isolated incident.
I must thank Lemming for doing a lot of legwork already and for enduring your responses. Here’s the first thing I found via a quick search:
Created:
-->
@Double_R
The media, academia, and corporations are not foreign advasaries. Do you seriously think there is no difference?
Even after I pointed it out, you still speak as if foreign interference began and concluded in 2016. You also speak as if foreign influence is limited to Russia. The news for you is that it isn’t limited to 2016 nor limited to Russia. I expect foreign powers to wish chaos on the US. It is that much more alarming when our own institutions sow chaos, whether intentional or not. Self destruction is still destruction. That said, none of these entities actually cast any of the votes.
There is a thread on here where a poster endorses radical leftist movements precisely because they will allegedly lead to low birth rates and the eventual weakening of the West and its global influence.
This really is an absurd conversation to have, it used to be beyond obvious to everyone. And you can have your own opinions about it all you want, but you cannot pretend that all of the same people on TV pretending there's nothing wrong with it now didn't recognize this as an issue before Trump.
I don’t really know what “it” is in this entire paragraph. If “it” is Russian influence in our elections, I have never denied it, so this paragraph makes no sense.
As far as me personally, I am not so much bothered by the fact that Trump won in part because of the help he got from the Russians, and I'm not actually one claiming that makes Trump an illegitimate president even though I do push back against the idiots who pretend that there is an equivalence between that and and Trump running around claiming he actually won. My issue is the fact that Trump made the help he got from them central to his campaign. He's the one who called for them to hack our institutions, and then when they did he coordinated his message around everything they were releasing. He wasn't trying to hide it.
Well dang, the DOJ really should launch an investigation into such an unwholesome relationship.
FYI, I’m not actually one claiming that the votes were miscounted in 2020, and that seems to be the only substantive difference between the election concerns of 2016 and 2020, as my first post here pointed out.
US presidents are supposed to protect the country against foreign threats. Trump has made clear from day one that the only thing he cares about protecting is his own self interest, and he will burn this country down if he thinks that is what's best for him.
Right; things are muuuch better now…
Created:
-->
@Double_R
Clearly, even when a third party analysis illustrates the oversimplification in your opinions, you are unable to yield even an inch. Not that I’m surprised. Hope springs eternal, I guess…
Many can see how institutions such as the media, academia, and multinational corporations all assisted in putting a decrepit person in power in 2020. You and your ilk speak as though Russian influence in our elections originated in 2016 and ended shortly thereafter. It’s a joke…
Created:
-->
@Greyparrot
@Double_R
do you actually believe there is an equivalence between Clinton's position on Trump's victory vs what Trump still peddles to this day?
Politifact rates a claim of equivalence as “half true”:
“PolitiFact VA: Democrats questioned validity of 2016 election, but not how votes were counted”
Created: