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Tarnop
Nov 25, 2013

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I'm not sure if we achieved Peak Cat in the last thread, so here's my boy Archer being a fuzzbutt


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Tarnop
Nov 25, 2013

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I've never been to a chippy that sold rice

Tarnop
Nov 25, 2013

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That said, the chips from my local Chinese are really good, as is the curry sauce. Tomorrow's tea sorted.

Tarnop
Nov 25, 2013

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Everyone hates Boris

https://twitter.com/ashcowburn/status/1156958141063532544

Tarnop
Nov 25, 2013

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Government of country that voted in a referendum to leave a union objects to countries holding referenda to leave a union.

Tarnop
Nov 25, 2013

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Jose posted:

they're some shameful cheesy chips in that picture

The gravy also looks grim as gently caress

Tarnop
Nov 25, 2013

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I've lived in Yorkshire most of my life, and I don't know anyone barbaric enough to put milk in the teapot. Most people I know get angry if the milk goes near the tea before it's brewed.

Tarnop
Nov 25, 2013

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Bardeh posted:

I also like the people screeching about how it'll make us go bankrupt, as if taxing the ultra-wealthy is just completely impossible and unacceptable.

The standard (idiot) response to that is usually "then they'll all just leave the country"

Tarnop
Nov 25, 2013

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https://twitter.com/JTOpinions/status/1157705073088172033

"Her job was made harder by austerity"

e: catte tax

Tarnop fucked around with this message at 18:40 on Aug 3, 2019

Tarnop
Nov 25, 2013

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Ms Adequate posted:

:lol: Amazing take

Also good catte hope he is enjoying the Dreamies coma

He's happily snoring away and occasionally rolling over to cook himself evenly on all sides.

Tarnop
Nov 25, 2013

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WhatEvil posted:

So y'all are talking about dry socialist texts, and have previously been talking about podcasts.

I've been talking about a creating a youtube channel of my own for a while where I read leftist books and break them down into poo poo people can understand.

I've signed up a youtube and patreon account and everything. Haven't actually made any content yet, but still think I might get to it eventually.

Yes please! I'll even give you money once I get a job

Tarnop
Nov 25, 2013

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Pilchenstein posted:

Didn't he found RPS? He absolutely is a total loving oval office on twitter though, last time I saw him melting down he was exclusively hounding women who replied to him, like some kind of anti-glinner :v:

Did he really do the budget section in PC Gamer though? I thought that was Jon Blyth? Edit: it was Walker, my apologies to Jon Blyth lol

Jon Blyth can still be found on the fun and funny Regular Features podcast

Tarnop
Nov 25, 2013

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sebzilla posted:

Hey UKMT I've been camping in Wales all weekend and now I'm 30, did I miss anything important over the past dozen or so pages? Tia

Happy birthday!

All Tories are liars
All cops are bastards
All lib dems are Tories
This is bad for Jeremy Corbyn

Think that covers it

Tarnop
Nov 25, 2013

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Junior G-man posted:

What the gently caress are Two Child Policy and Military Covenant?

They only count up to two children when assessing benefits claims (unless the children were born before a certain date). If you have more, gently caress you, they can starve.

Tarnop
Nov 25, 2013

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I'm probably missing something, but how is "we need to be fighting the Tories, not fighting for reselection" an argument when Parliament is on recess?

e: and how is fighting the Tories not a way of getting reselected? Do they think that's going to be unpopular with the CLP?

Tarnop fucked around with this message at 23:59 on Aug 5, 2019

Tarnop
Nov 25, 2013

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Well I've just thoroughly depressed myself by reading about my MP for about 4 hours straight (Holly Lynch, Halifax)

Chicken coup supporter, Syria airstrike voter, introduced legislation to double sentences for people "struggling to get free" (police federation's own words about assaults on officers) while being arrested.

Mandatory reselection when

Tarnop
Nov 25, 2013

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Nugs seems appropriate, since legalising weed is a liberal favourite policy to differentiate themselves from the most psychopathic Tories

Tarnop
Nov 25, 2013

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sebzilla posted:

Apologies if this was posted already (it's a couple of days old) but a notably non-poo poo take from the Graun

https://www.theguardian.com/comment...mhwNVKvB9EupSjc

It prompted several suggestions that the editor had taken a day off

Tarnop
Nov 25, 2013

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mediadave posted:

The SNP are at it again

Nicola Sturgeon: ‘If we crash out with no deal, Corbyn will be almost as responsible as May or Johnson’
https://www.theguardian.com/politic...-may-or-johnson

That's the headline they go with. Over half the article is about what Johnson as PM means for Scotland, and that's their loving headline

Tarnop
Nov 25, 2013

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Jose posted:

was that before or after he decided to run because he's absolutely awful at public speaking now. its why they're mostly hiding him from meeting the public

I know that nothing should surprise me at this point, but imagine that being your strategy. They did it with Johnson too. Imagine knowing that you're working to install a person who can't interact with normal humans into one of the most powerful positions in the world. :psyduck:

Tarnop
Nov 25, 2013

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OwlFancier posted:

That is sort of the point of the positions, though, to make sure that normal humans don't get anywhere near them, or your money.

I know, but sometimes my brain wants to put itself in the place of people with insane jobs and bask in the madness.

Like sometimes when I watch wrestling and I imagine what it would be like if my job was to catch a 6'10" racist who pretends he's dead and is flying directly at my head, and make sure we both fall over safely but also make it look like it killed us both.

Tarnop
Nov 25, 2013

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"violence and err, err, *words*"

Tarnop
Nov 25, 2013

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radmonger posted:

Dunno about FBPE’s, but the obvious objection to that policy is that literally zero voters want to spend the next 6-12 months ignoring all other political and economic issues in order to extend Brexit in an attempt to negotiate an implausible deal. Which, if somehow achieved, would then be campaigned against by the ones who negotiated it.

Except that I don’t believe Labour have actually stated they would campaign against their own deal, only against a Tory one, right? Either way, while it can be accepted that Labour’s Brexit policy is absolutely clear, unambiguous and well communicated, the question of what it actually _is_ does seem still open.

Source your quotes

Tarnop
Nov 25, 2013

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I fell asleep so this is 2 pages late, but just to be clear, I know what Labour's policy is.

Source these quotes:

radmonger posted:

Dunno about FBPE’s, but the obvious objection to that policy is that literally zero voters want to spend the next 6-12 months ignoring all other political and economic issues in order to extend Brexit in an attempt to negotiate an implausible deal.

You do know about FBPEs because all the evidence suggests that if you're not one then you're extremely adjacent.

If we crash out on no deal then Brexit will be *the* economic issue for a gently caress of a lot longer than 6-12 months. If A50 is unilaterally revoked then Brexit will be *the* political issue for a lot longer than 6-12 months. If you genuinely want to avoid no deal, then there does not exist a way of doing so that takes Brexit off the agenda for the foreseeable future, but hey I'd love to hear an alternative if you're capable of doing anything other than pissing from the sidelines.

I don't know what makes you think that a Labour negotiated deal is implausible or that it would take 6-12 months. The deal that Labour would be seeking already exists for Norway, and while it's hardly perfect it's the only thing that respects the referendum result without tipping us off the cliff.

Tarnop
Nov 25, 2013

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marktheando posted:

A Norway type deal would not be seen as respecting the result of the referendum, it would be seen as a betrayal almost as bad as revoking article 50.

No version of Brexit exists that wouldn't be seen as a betrayal by some loud faction. My point is that a Norway deal is not implausible, nor would it take a year to negotiate. Brexit is now part of the political landscape for at least a generation, so again, if you've got a better suggestion I'd love to hear it.

Tarnop
Nov 25, 2013

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marktheando posted:

The least worst option is and always has been revoking article 50.

Gee, I wonder if there's a political party that might do well on the back of an irrefutable betrayal narrative at the next GE. Least worst my arse.

Tarnop
Nov 25, 2013

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radmonger posted:

I would consider it implausible that Labour could negotiate a deal that led to satisfying 20% of leave voters while keeping the ~2024 GDP within 20% of what it would have been otherwise.

The best route to satisfying a larger percentage of Brexit voters is to spend some of the resources and effort that lost money would represent on infrastructure, health care, welfare, industrial investment and culture. While stressing that we would never have been in a position to do so without the shock to the status quo represented by the Brexit vote.

I'm just going to ignore your pile of arbitrary percentages and dates because you're pulling them out of your arse.

No one will be spending a penny on infrastructure or welfare in your scenario, because a party running on a platform of revoking article 50 isn't getting anywhere near government. Unless it's the Lib Dems in another coalition, in which case they'll flush their entire manifesto down the toilet again.

Tarnop
Nov 25, 2013

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Hahaha yeah of course he wants to ban child porn, a real pillar of the community:


quote:

“I don’t give a poo poo about what any news agency has to say about me or my website,” Brennan told me. “I only care what law-enforcement agencies have to say.”
He said he expects regular backlash, but “I don’t care about media crocodile tears for pageviews.”
With that, he dismissed the idea that a journalist might have genuine concern about a website hosting photos of what many would call sexual abuse of small children. In his caricature of the media, reporters aren’t human beings so much as they’re digital machines fueled by advertising dollars.
I asked him about a forum called /doll/, which hosts provocative photos of barely clothed little girls.
“If you want /doll/ shut down,” he countered, “you should instead focus on the studios who are producing this content. Some of them are even legally based in the USA. That’s the real story here, not some perverts posting them online after the fact.”
The photos already exist, Brennan argues. So what if he’s building a directory through which they can be shared and discussed? In other words: Someone else is in the wrong already, and he’s merely using the fruits of that labor.


https://www.dailydot.com/layer8/8chan-pedophiles-child-porn-gamergate/

Tarnop
Nov 25, 2013

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forkboy84 posted:

8chan was started because 4chan started clamping down on kiddie porn right?

No, it was because Gamergaters were using 4chan to organise death threat campaigns and it was escalating to planning actual violence. The owner got cold feet and banned the fuckers

e: actually you might be right, it was just the Gamergater influx that made it popular

Tarnop fucked around with this message at 00:29 on Aug 7, 2019

Tarnop
Nov 25, 2013

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GordonTheDeadFish posted:

Thanks for all the kind words about my brother everyone, it's really appreciated.

I also missed your first post; so sorry about your brother.

I've got to agree with Ms A. It's pretty great that your first instinct is to offer your time to help other people. As far as the religious thing goes, might be worth speaking to them still, see if they have other volunteers from outside their group. I'd be surprised if they're so well off for help that they turn down willing folk.

Tarnop
Nov 25, 2013

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Barry Foster posted:

Forums slow.

No es bueno.

Do we need to sacrifice a poster to Lowtax?

Re-indexing for search according to the Awful app thread

Tarnop
Nov 25, 2013

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If we expand our empire to include every country we depend upon

Tarnop
Nov 25, 2013

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CGI Stardust posted:

afternoon all, here's some caterpillars again, they're getting pretty big now

They're cute! What's the brown stuff in the jar/bowl?

Tarnop
Nov 25, 2013

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Gonzo McFee posted:

So they're refusing to go into a coalition with labour to avoid no deal which would cause economic collapse because Corbyn is a danger to the economy.

Great. Love the piss diamonds.

Half of them have convinced themselves Corbyn would be worse. The other half are terrified of a left wing leader of any party, and just want more pressure applied to him.

Tarnop
Nov 25, 2013

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quote:

Synthetic products get far more complex than synthetic convertibles or positions. Synthetic CDOs, for example, invest in credit default swaps. The synthetic CDO itself is further split into tranches that offer different risk profiles to large investors. These products can offer significant returns, but the nature of the structure can also leave high-risk, high-return tranche holders facing contractual liabilities that are not fully valued at the time of purchase. 

guillotines for bankers

Tarnop
Nov 25, 2013

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baka kaba posted:

Like the big drive at first was to loan as much as possible to as many people as possible, just to generate that raw debt to package up into bonds and CDOs you could sell - that's why there was so much predatory lending. But what if... you just packaged up bets on existing debt? In-play betting on a global financial scale, on credit, just literally trillions of dollars why not

So it's an amplification of the behaviour of the underlying debt. I sure hope no economic shocks occur. Do the no-deal forecasts take these into account, or is it just one of these financial instruments that are going to give wildly different valuations depending on who you ask?

e: and that's not even considering the additional risk of adding another financial institution to the chain, which can also fail

Tarnop fucked around with this message at 02:43 on Aug 9, 2019

Tarnop
Nov 25, 2013

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Can I bet that I won't pay off my own debt

Tarnop
Nov 25, 2013

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baka kaba posted:

This is all about the 2008 crash though, I have no idea what they're up to now, probably keeping their noses clean I'm sure!!

Well, an hour or so of searching and the one thing everyone seems to be worried about is volatility trading, specifically that it's starting to feed back into the underlying market whose volatility is being tracked, which sounds... bad

Even if the feedback isn't happening, volatility trends down when market performance is up, and everyone is almost certainly neck deep in it because it's been free money while central bank intervention has kept volatility nice and low. So if the markets improve too quickly then everyone loses a poo poo load of money.

I'm just trying to take that in for a moment. We bailed out the banks, and their response was to place bets that we'd keep doing it.

The quote at the end of this article from last year could be straight from The Big Short:

https://www.ft.com/content/24a421fe-0d5c-11e8-8eb7-42f857ea9f09

Also, thanks for doing a big finance effort post, this stuff is slippery and easy to forget which I guess means working as intended

Tarnop
Nov 25, 2013

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Guavanaut posted:

They will continue to push and push and push until either one of two things happens; there's the death of a photogenic blonde baby at police hands and a following public outrage, or people fight back and continue fighting back past the point of "oh these violent thugs" until change happens.

So, hypothetically, what would have happened if the government had just told the banks that they shouldn't play stupid loving games and let them fail, protected individual and small business savings up to £50k or whatever is recommended, and piled that £1t into snapping up assets during the resulting market confusion and making them public owned entities?

The government had a massive stake in HBOS but it all got sold off at a discount once the bank recovered. That absolutely should have been nationalised.

As far as the rest of it goes, I'm not smart enough to know what would happen under those circumstances. For me, the absolute worst part of it is that so many people have gone back to thinking our economy works like a household budget, despite the fact that we conjured a colossal amount of money out of thin air for bail outs and fiscal stimulus. I guess people can make the connection of "the bank is where my money is" -> "can't let everyone's money disappear or the economy dies", but then when it's the NHS or welfare, paying for services that allow people to participate in the economy is equivalent to blowing a month's salary on a big telly.

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Tarnop
Nov 25, 2013

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ronya posted:

emergency liquidity and structural commitments are not the same thing...

Yeah, with structural commitment you're less likely to see your money siphoned off into private wealth as soon as the crisis is over

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