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Thetexashammer

Certifiably Surly
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Everything posted by Thetexashammer

  1. Consider all the various asset classes. Stocks and bonds and the largest classes of investments. In a place where the government goes into a financial crisis, which class outperforms? The Federal Reserve is engaged in financial repression, you will have a negative real return on bonds. Stocks will suffer because the economy will be crushed, growth will die. Cash, it needs little explanation. If you wish to hold cash while the Fed prints a trillion in fiat every couple months, good on you. Levered real estate is not a bad option. Debt values are fixed, rents depend mostly on nominal dollar salaries. Real estate will perform well, but you have to be levered before interest rates rise. It's a dicey proposition, but not bad at all. Gold has storage costs but it is a decent inflation hedge. But you are likely paying a 20% premium up front and you can't do much with it. Overall, I don't like it, but I understand it for purposes of diversification, it has a negative correlation with financial assets. Bitcoin, however, is fixed in supply. You can buy stuff with it. There is no significant cost to buying or selling, and no storage cost. Maybe later we can get some interest. There is limited ability to pay for retail purchases, but that will change very shortly (at the very least, there will be a "Bitcoin" credit card where you pay the bill in Bitcoin). And it is new, people are buying it for the first time every day. It is the best asset class to buy and hold for the reasons I gave above. And the best thing is, a lot of people haven't figured that out yet.
  2. I hear the British are taking over the UN High Commission for Better BBQ.
  3. You can pry those salt and vinegar chips from my cold dead hands.
  4. I did this bridge in the Dolomiti. Val di Rabbi. There are lots of bridges around Trentino on the trails.
  5. Yes, absolutely. Not sure why Vince after all his troubles with alcohol in the past is still going out to these places that are just a haven for him to get sucked back into that life. He should stay home and get drunk in his garage like a normal dude.
  6. Haidt says in this video: the world tells you "you are a balloon full of feelings and the world is full of pins". His ideas overlap 99% with Shrier, however, Shrier is much much hotter. Both are extremely evidence based. Haidt also says in the video, about a dangerous playground: "This is good, because kids can get hurt. And that's crucial. Because if you can get hurt, then you learn how not to get hurt."
  7. So in your mind, Israel has the option to engage in a war of self defense, killing all the Hamas members, without killing the human shield Hamas interposed between their fighters and Israel's. Please share these tactics that nobody else has been able to identify. You will win a Nobel Peace Prize and I will be your biggest supporter. Arrogance and ignorance go hand in hand.
  8. So no comment or disagreement on the substance of what I said. You posted a piece of Hamas propaganda and then described it in a completely inaccurate manner.
  9. We have discussed, in this thread, examples of how civilians die in war. This an ordinary and normal part of war. It is expected. In ODS, half our casualties were friendly fire. I gave many examples of how the US targeted civilians, how schools were bombed, and there was no war crime, it was just war. During war, bombs go astray. Soldiers might take a captive and decide to kill the unarmed captive because that guy killed his or her best friend. Controllers might receive incorrect coordinates. Intelligence can be wrong. There are a million reasons. However, Israel is engaged in a moral and legal war of self defense. Our killing of civilians in WW2 didn't change the moral or legal argument. There is no conceivable way to frame this as terrorism. Terrorism is the opposite of a war of self defense. We will call the PROBLEM NUMBER TWO. My question is, do you even understand what I am saying?
  10. There was discussion on earlier pages of this thread about how Hamas lies constantly. For example, the report where Israel supposedly bombed a hospital, but actually bombed a parking lot, and even then I don't think it ended being an Israeli bomb. The fake report was picked up by Reuters, NPR, NY Times, Washington Post etc. And of course it was all a lie. These are the same team of guys who save up women and chidren's bodies in the freezer, put them out of the street and then blow up a bomb and say Israel did it. Now you post a video from them and say "See - TERRORISM". Do you not understand what you did wrong? We'll call this PROBLEM NUMBER ONE.
  11. I can explain your multiple errors in drawing that conclusion. But I would like to give you a shot at figuring them out yourself.
  12. Surly's own Al Sharpton race baiter thinks mean people suck LOL. Almost every single one of your posts is an attack on other posters. I can provide examples if you prefer. I say with no hostility, you should take a break. You are out of control.
  13. Because what they have to say in a long form interview is thought provoking, unique, and a valuable contribution?
  14. Anyone making an argument that times are tougher now than they have ever been is a legitimate LUNATIC. Prior generations had WW2 and Vietnam to deal with. I grew up with double digit unemployment, the constant and very real threat of nuclear armageddon, 20% mortgages 15% inflation. Cities were wastelands, oil was embargoed, NYC was the murder capital of America. People were still watching black and white TVs, pop music meant Debbie Gibson, and I remember when my school got its first computer. Cable TV, microwaves, and VCR's were brand new and costed more then than they do now. We live in an age of massive and shared prosperity. People are obese, not starving. The existential angst has very little to do with economic privation. As a factual matter the argument is makes no sense.
  15. Are you making fun of the losers? Because that's just wrong. Pity them, sure. Mock them, that's just mean.
  16. Or, instead posting tweets, you could figure out what her actual arguments are and respond to them. She makes valid and thoughtful points. It' pretty hard to criticize an argument with which you have no familiarity.
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