Just Commodores Forum Community

It takes just a moment to join our fantastic community

Register

JC Political Thread - For all things political Part 2

Discussion in 'The Pub' started by minux, Apr 4, 2011.

  1. losh1971

    losh1971 Well-Known Member

    Messages:
    5,731
    Likes Received:
    1,401
    Trophy Points:
    113
    Joined:
    Jan 17, 2010
    Location:
    North Tas
    Members Ride:
    VR Ute V6
    But having said that some people still seem to be able to borrow $550k. I am FIIK how that can pass, because when rates go back up and people are paying $1000 a week and most of that is interest, surely everything will totally crash. I know I am really hesitant to owe the bank anything more than $200k. Because i have been there and owed $350k with repayments of $620 a week. Aussies have too much debt and if the RBA raises rates to normal levels, property prices will plumit. I would be confident in saying that the only reason they are lowering the rates still is because they know 1000s of families will be fucked if they start jacking up the rate. The news tries to tell us things are looking good, but record low rates with more cuts to come, i don't think the economy is in good shape as we are told to believe. But that's just my take on it.
     
  2. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    In the US we call them CDOs and Synthetic CDOs. (Colateral Debt Obligation). The CDO is a cluster of mortgages, a Synthetic CDO is cluster of a cluster of morgages. A bet on clusters of loans that are supposed to be serviced (payments), a cheater way to create AAA quality debt. Part of the Fractional Lending system to just create Currency from thin air.
     
  3. 1985VK

    1985VK Active Member

    Messages:
    259
    Likes Received:
    182
    Trophy Points:
    43
    Joined:
    Oct 5, 2018
    Location:
    Australia
    Members Ride:
    VK SL
    Yes Professor Werner already showed that banks create money

    Professor Werner published the first empirical test of the three theories of banking (the financial intermediation theory, the fractional reserve theory and the credit creation theory) in an internationally reputed academic journal and thus demonstrated for the first time in the likely 5000-year history of banking that a bank is not a financial intermediary, but the creator of credit-money: The three theories differ concerning their explanation of where the money comes from when a bank extends a loan. Werner proved empirically that the money for a new loan is not transferred away from any other account inside or outside the bank. Instead, each bank has the power to create money newly. When we take out a loan from a bank, the money will be newly created and added to the money supply.

    https://en.wikipedia.org/wiki/Richard_Werner
     
    Last edited: Jul 10, 2019
  4. 1985VK

    1985VK Active Member

    Messages:
    259
    Likes Received:
    182
    Trophy Points:
    43
    Joined:
    Oct 5, 2018
    Location:
    Australia
    Members Ride:
    VK SL
    Yes lending has been tightened up but those earlier loans have already taken effect.
     
    losh1971 likes this.
  5. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    And all wonder why houses increase in "value" with a currency that looses purchasing power over time.
     
  6. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    Here is some interesting, saw this coming by a long mile.... Is going to be a time when you will not be allowed to work on your cars. This is an appetizer from sh¡t to come, I know Oz will follow. The Socialist State of California.

    http://www.code-enforcement.saccounty.net/Programs/Pages/AutoRepair.aspx

    However, it is unlawful for any person to engage in, or permit others to engage in, minor vehicle repair or maintenance in any agricultural, agricultural-residential, residential, interim estate and interim residential zones under any of the following circumstances:

    Using tools not normally found in a residence;

    Conducted on vehicles registered to persons, not currently residing on the lot or parcel;

    Conducted outside a fully enclosed garage and resulting in any vehicle being inoperable for a period in excess of twenty-four hours.
    (See section 5.2.0.B of the Zoning Code)
     
  7. vs-lover

    vs-lover Well-Known Member

    Messages:
    1,024
    Likes Received:
    469
    Trophy Points:
    83
    Joined:
    Mar 9, 2013
    Location:
    Adelaide
    Members Ride:
    VS S2 Calais, VS S2 Exec Wagon, VS S2 Acclaim
    Oh my God !!!

    Honestly what is this planet coming to !

    Like I've said previously when babies are born they will be Micro-Chipped and they'll be able to keep tabs on everything they do in life and I mean absolutely everything.

    This is why my son has decided he will never have children as he feels that I was probably born in the best era, that being the late 1950's to the early 1970's. My age group has probably experienced the best life has to offer and will be glad to check out before it all goes completely pear shaped which it's now heading to.

    No Work, No Money, No House, No Sex, No Fun and "NO LIFE" as we humans are meant to participate in.
     
    Last edited: Jul 11, 2019
    Calaber and Lex like this.
  8. 1985VK

    1985VK Active Member

    Messages:
    259
    Likes Received:
    182
    Trophy Points:
    43
    Joined:
    Oct 5, 2018
    Location:
    Australia
    Members Ride:
    VK SL

    Microchipped? It has already been done. It is just non surgical.

    What do you think your smartphone is for? People carry them all the time. They are as good as chipped.
     
    Last edited: Jul 11, 2019
    losh1971 likes this.
  9. Calaber

    Calaber Nil Bastardo Carborundum

    Messages:
    4,035
    Likes Received:
    967
    Trophy Points:
    113
    Joined:
    Nov 29, 2007
    Location:
    Lower Hunter Region NSW
    Members Ride:
    CG Captiva 5 Series 2
    I've said it before. The world is turning to ****, very quickly. I agree completely that the 70's were a great time, easily the best of my life. The idea of living to a very ripe old age has absolutely no appeal to me ar all.
     
  10. losh1971

    losh1971 Well-Known Member

    Messages:
    5,731
    Likes Received:
    1,401
    Trophy Points:
    113
    Joined:
    Jan 17, 2010
    Location:
    North Tas
    Members Ride:
    VR Ute V6
    I'm enjoying my life at the moment and hope to live a while yet.

    Yes the world is turning to ****. but I will tell you a story about two blokes who were placed in a jail cell together not so long ago. The lights outside lit up the ground at night and made it hard for them to sleep as the light shined in to the cell as well. On rainy nights it was worse for one because looking out the window each night, all he saw was mud, however the other bloke looked up at night and saw stars.
     
  11. commodore665

    commodore665 expat Saffa

    Messages:
    2,656
    Likes Received:
    987
    Trophy Points:
    113
    Joined:
    Dec 30, 2011
    Location:
    New Zealand via Cape Town
    Members Ride:
    2005 SV6 & Alfa Romeo 156 V6
    I was born in 1969 in Cape Town and grew up in 1970’s South Africa through to when we left in 1999 , I’ve seen many things change , some for good and some not so much , NZ has been good to me and my family , and I’m grateful for that , just a different perspective
     
    Last edited: Jul 11, 2019
    rucxy likes this.
  12. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    Good or Bad, is based on perspective. If you grew up living on a Mud Hut, a Carboard Hut might look like a Palace. However, still a Hut.

    I get the Microchiping BS in the form of Cell Phones, Fitness Trackers, Smart Watches, etc... What started as Data Collection for the Advertisement Industry has been abused by the powers at be. We all have changed, from Consumer to Product. Have anybody noticed, the constant carpet bombing on though shaping? In the media is called "Influencing". For example, Youtube pay big advertisement money for "Influencers".

    Now days we can be standing on a crowd and be completly alone. When it was the last time you Texted someone in the house?

    Funny is...
    Took an 8 day Cruise to Mexico not long ago. I had no internet but my daughter did. Is pretty hard to play Trivia Pursuit without accessing the web. However, we won 2 games just by sheer knowledge. Tried to cheat on a question, when I asked my daughter to borrow her phone, was like a dog chewing a bone, I got "bitten".

    Anyway, is relaxing not to be attached to the phone. We only used them to take photos. What I missed... to have access to information, but got the time to sit outside with a book, drinking Martinis by the pool. Very relaxing :)
     
    commodore665 likes this.
  13. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    In Global news, do you guys get any news about this Jeffrey Epstein character? I have only 1 word to discribe this guy "Cerberus" in every sense of the word.

    A side note about Cerberus.
    "Kerberos" is how is pronounced in Greek. Microsoft network authetication protocol is called Kerberos Version 5
     
    Last edited: Jul 12, 2019 at 1:34 AM
  14. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    Makes you wonder... after Epstein arrest, why all the sudden of these drug busts? The Cargo Ship from JP Morgan with Billions in Coke, few Millions in Coke washed on a Philipines beach. Now, a Submarine? How come the sub did not went underwater is beyond me, however, watch this "Cowboy" leaping on the sub and bang on its hatch.

    There is a tweeter video on the article. I guess they did not stopped because he really needs to work on his Castellano :D

    %%%%%%%

    Coast Guard commando actually leaps onto the half submerged vessel as it travels at a high rate of speed, after it refused to stop.

    [​IMG]

    https://www.zerohedge.com/news/2019...uard-commando-leaping-narco-submarine-pacific
     
  15. Calaber

    Calaber Nil Bastardo Carborundum

    Messages:
    4,035
    Likes Received:
    967
    Trophy Points:
    113
    Joined:
    Nov 29, 2007
    Location:
    Lower Hunter Region NSW
    Members Ride:
    CG Captiva 5 Series 2
    We got that film clip over here Skydrol. Watching it, you can see that the hatch was only a light-weight affair and it didn't seem to have much of a water proof seal or locking mechanism to dog it down tight for submerged use. It would have been faster running surfaced than submerged. I reckon the design is not intended to submerge to any great depth because it would require either a snorkel for the engine to breathe, or separate electric propulsion system. The U shaped fixture on the deck would have included a stop valve to prevent water ingestion on the surface. I think it is a design intended for surface running only, but offering a very low profile, making it difficult to detect, particularly at night. It was painted in a dark, dull grey or black which also fits in for low viz.
     
  16. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    Sure, I am aware of the technical part of it (propulsion / compartement water sealing). I guess the term submarine / sub is a loose term for some that is mostly submerged. Perhaps is for very shallow waters and perhaps short range. Seem that was based on the design of the Ironclad USS Monitor and CSS Virginia. A hybrid between a ship and a sub.

    Also, not sure what he is wearing but does not look like flotation devices to me (perhaps the "backpack is one). Kind of risky if he falls in the water with all that weight.

    This gizmo gives me the impression that have been used for quiet some time, now, they caught it.

    I wonder what will be next, an Airplane? What about Rail.

    Nevertheless, I find interesting all this happening almost at once.
     
    Last edited: Jul 13, 2019 at 6:37 AM
  17. Calaber

    Calaber Nil Bastardo Carborundum

    Messages:
    4,035
    Likes Received:
    967
    Trophy Points:
    113
    Joined:
    Nov 29, 2007
    Location:
    Lower Hunter Region NSW
    Members Ride:
    CG Captiva 5 Series 2
    Skydrol. Yes, it demonstrates just how determined the drug cartels are to get their product onto the streets over there. That sub was an ingenious device and would have cost a fair bit to build. Quite possibly its not the only one. The reports also said that it was carrying a pretty large cargo, some thousands of kilos in weight. I gather it was a Mexican owned vessel, apprehended in international waters? Do the drug runners come under US law?
     
  18. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    How drugs get in the USA is easy. According to several sources that I know and knew (Mexicans, Central Americans and Military), is a Gov run operation, plain and simple. The whole thing about the War on Drugs is a farce. Is a money grab enterprise to buy Equipment and Employment. There are tunnels that runs from underneath the border big enough to get a Semi through it. A very corrupted Mexican company that is bed with the Drug Cartel and the US Gov is Cemex. They get awarded contracts all over the US. Do you remeber the Fast and Furious fiasco? It was a Gun Run operation to arm the Mexican Drug Cartel to get rid of the competition. What about the Iran - Contra deal? Another Drug, Weapons and Money laundering operation.

    I rember long time ago, getting orders to mobilize to Yuma Arizona. We got back then AH1, AH64, OH58C and D, all sorts of night vision and listening devices to protect the border from drug trafficking. It was called off, one of those "we do not need the Armed Forces guarding the border."

    During Viet Nam, drugs were shipped along with deseased soldiers inside their coffins and that is a fact. Ramstein and Aviano Air Force Base, Afghanistan Opium cargo is sent there as an staging area. There is a movie on that matter called "American Gangster".

    Why you think Duterte had a fight with Obama calling him a SOB and declared a "War on Drugs"?

    We do have tech to stop the trafficking dead on its track. Why you think we never succed?

    What I think that is going on is, defunding the so called "Deep State".
     
  19. 1985VK

    1985VK Active Member

    Messages:
    259
    Likes Received:
    182
    Trophy Points:
    43
    Joined:
    Oct 5, 2018
    Location:
    Australia
    Members Ride:
    VK SL


     
  20. Skydrol

    Skydrol Well-Known Member

    Messages:
    324
    Likes Received:
    1,553
    Trophy Points:
    93
    Joined:
    Dec 4, 2013
    Location:
    USA
    Members Ride:
    Pontiac G8 GT
    Still cracks me up, yelling like they can hear him. What makes it even funnier, he said "Alto su barco" that is the polite way to ask (stop your boat), some like saying, screaming, "Would you Stop your Boat". However, he should said "Alto" or "Alto el Barco" (stop or stop the boat).

    I bet they got the universal message of... "Banging on the Hatch" :D
     

Share This Page