Climate Change 2022: Mitigation of Climate Change

Discussion in 'Science' started by Bowerbird, Apr 6, 2022.

  1. WillReadmore

    WillReadmore Well-Known Member

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    Contracting private enterprise through a bidding process is a well known method of reducing costs.

    I have no comment on specific military regulations. But, let's remember that they do operate in difficult situations. Plus, civilian contracts need to be specific so that companies know what they are bidding on.
     
  2. WillReadmore

    WillReadmore Well-Known Member

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    He has a life.

    Plus, he has other business ventures besides cars.
     
  3. Jack Hays

    Jack Hays Well-Known Member Donor

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    I'm indifferent, so I'll not be looking for evidence one way or the other.
     
  4. Mushroom

    Mushroom Well-Known Member

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    Simple.

    He has pumped up the value of his stock artificially, and doing so has increased his own net worth exponentially. However, little of his wealth is in "real money", it is almost all in the value of the stock. Not unlike the previously mentioned Elizabeth Holmes. She went from over $4 billion to broke when the value of her stock fell from over $40 a share to $0 a share.

    But there is no "assault on Tesla stock". Experts have been saying for well over a year it is grossly overvalued. The price is based on hype and speculation. And eventually there will be a correction, and a lot of people will lose their shirts. Call it a "Bubble of One", but it is no different than the dot com bubble, the solar bubble, or many others over the decades. An overvalued company can only keep the price high for a period of time, then eventually it does crash.

    And short sellers really can not make the price of a stock fall significantly by itself. However, they are the ones poised to profit when it does happen.
     
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  5. Mushroom

    Mushroom Well-Known Member

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    Selling off $4.5 billion, at the time that the stock is already wobbly?

    If he is having to pump almost $5 billion from a wobbly stock into other parts of the company, that means the company itself is cash starved and can not fund it internally. SO that is even more dangerous.

    Funny, what you said makes the company seem even more troublesome if what you said is true. Say if he is using stock sales to prop up another company, that means that even more companies are starting to fail.

    You really should think about what you say, you know that?
     
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  6. WillReadmore

    WillReadmore Well-Known Member

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    So, life's a bitch being that wealthy?

    Who says he's "propping up" anything?

    There are lots of super wealthy public figures.

    I see no justification for people being so upset about Musk and his business success.

    I don't agree with his politics, but that's true for a lot of rich people.
     
  7. Mushroom

    Mushroom Well-Known Member

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    You tell me? You are the one that brought up he needed it for his other companies.

    That very statement that he is taking over $4.5 of stock from his car company and implying he is pumping it into his "other business ventures besides cars" says that you believe he might be shifting that from one company to another.

    You really do not grasp this "cause and effect" thing, do you? You make a claim, I discuss the claim, then you scream about who made that claim in the first place.

    As is so often the case, you fail to realize you are the one that essentially made that claim. I simply made it more clear what you apparently were trying to say. Because if he is not doing that, then what in the hell were you even trying to say in the first place? If he is not pulling that money to prop up other companies, then why even bring them up in the first place?

    It is obvious that your mind is very disorganized and chaotic. As such, I find it very funny when trying to discuss such simple things with you. You do not even seem to see the illogic of your own claims.

    But please, give us a reference to what he has done with that money. Because I have seen none. Which makes me believe he was simply "cashing out" before it crashes.

    Oh, and blaming others for your own failures is another typical tactic of con artists.
     
    Last edited: May 31, 2022
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  8. WillReadmore

    WillReadmore Well-Known Member

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    No, I pointed out that he could have various reasons for selling some of his shares.

    You can't even read my posts!

    Did you bother to see how much stock in Tesla that Musk owns?

    What do you have against him???

    There must be something personal going on.
     
  9. Mushroom

    Mushroom Well-Known Member

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    Then how can I dissent them so well, as well as quote them?

    Notice, I bring up specific things, you wildly scream and speculate, as well as deflect.

    What do I have against him? Simple, I see his as another Elizabeth Holmes, Michael Milken, etc, etc, etc.
     
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  10. Jack Hays

    Jack Hays Well-Known Member Donor

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  11. Jack Hays

    Jack Hays Well-Known Member Donor

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  12. Jack Hays

    Jack Hays Well-Known Member Donor

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  13. Bowerbird

    Bowerbird Well-Known Member

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    Yep! That is what price gouging gets you!
     
  14. Jack Hays

    Jack Hays Well-Known Member Donor

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    "Price gouging" is the cry of the economically illiterate. Simple supply and demand are at work.
     
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  15. Bowerbird

    Bowerbird Well-Known Member

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    Are they? Enjoying the high gas prices are you?
     
  16. Jack Hays

    Jack Hays Well-Known Member Donor

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    Just a part of life. I've seen it before. Mrs. Hays and I are better placed than most to ride it out.
     
  17. Jack Hays

    Jack Hays Well-Known Member Donor

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  18. Mushroom

    Mushroom Well-Known Member

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    "Price gouging"?

    Since when does Saudi Arabia set the price of oil?

    Here is the first fact, they do not. That is done by the open market, not any country anywhere. They can and do announce and limit the supply, but they have nothing to do with the price.

    No more than the farmer sets the price for pig backs, wheat, or orange juice. They only control the production of that. The "free market" is what sets the price.

    And that is not even run by consumers, has not been for over a century. It is mostly run by speculation, individuals not related to the industry at all for profit. Look no farther than the Bitcoin volatility of the last few years.

    Quite literally a fictional item, that has in and of itself absolutely no value. Intended to be worth a few hundred dollars at most jumped up to over $60,000. And has risen and crashed over and over again since then. I laughed the entire time, even when many friends lost their shirts during the mania. But the price surged based purely on speculation and hype, and had not a damned thing to do with anything real.

    Not the first time that has happened. And why a smart investor puts their money into something like Disney Dollars and not Tulip Bulbs.
     
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  19. Jack Hays

    Jack Hays Well-Known Member Donor

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  20. Jack Hays

    Jack Hays Well-Known Member Donor

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  21. WillReadmore

    WillReadmore Well-Known Member

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    There is NOTHING about capitalism that says it will supply the absolute necessities of life at a price that the full population can pay.

    In the cases where capitalism doesn't work, steps can be required.

    This isn't new.
     
  22. Jack Hays

    Jack Hays Well-Known Member Donor

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    Indeed.

    upload_2022-6-16_19-41-57.jpeg
     
  23. WillReadmore

    WillReadmore Well-Known Member

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    LOL!!

    Obviously, I mean in the USA over most of the years of its existence.
     
  24. Jack Hays

    Jack Hays Well-Known Member Donor

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    We were not discussing the USA.
     
  25. WillReadmore

    WillReadmore Well-Known Member

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    So, you are comparing America to the Stalin's communism?

    I would think that his regime would be a justification for appreciating democracy.
     

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