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$PLTR - The Big DDD

I don't get what you guys are worried about with PLTR.
Here's my personal DD on PLTR, you're welcome to read and do whatever you want. Other helpful info or pointing out mistakes in my DD is very welcome.
Fears preventing you from buying PLTR
  1. Targeted ads on your phone from Yahoo Finance or Zacks telling you PLTR = BAD!!!1!eleven
  2. Shills spamming "pLtR tO tHe MoOn" and :rocket: on PLTR thread comments.
  3. Last quarter's seemingly bad financials/earnings.
  4. Financials Moving Forwards
  5. Soros who owns 21 million shares "threatening" to sell his shares upon DPO expiry.
  6. DPO expiry 3 days after February's earnings and possible insiders and DPO holders sale and dip.
  7. What does PLTR tldr.
  8. Other Information

#1 Targeted Ads
Ads and articles are both paid for by someone.The fact that in the past 3 weeks i've been getting multiple multiple targeted ads on my phone related to PLTR since i love PLTR so much.
Ads are telling me that PLTR is bad, doesn't provide a dividend, they're telling me PLTR's fair price is 20 instead of 25 based on some financial model and have gone as far as to provide a list of alternative stocks to buy.
To me, this all screams: SCARE TACTICS
Additionally, the last few weeks of ups and downs in PLTR's stock price is another indication of the attempts to short the stock to sh!t and drive investors out. (For what reason? I don't know.)

#2 Shilling PLTR
I myself love to shill PLTR to people whenever i can. I do this because i legitimately think this company will do great. I work as a product manager in a software development house and understand what PLTR does. PLTR is not cryptic.Regardless, i think when people shill PLTR to you, they are right to do so as you're probably missing out on a great opportunity to make money in the long run. If you're looking for big gains short term, maybe try something else.
Shillery is OK, but at least give the facts.

#3 Last Quarter's Bad Financials
If you'd done your DD not by searching reddit posts but by checking PLTR's actual quarterly report, you'd know that PLTR's "bad" last financial quarteearnings were due to the costs of listing themselves on the New York Stock Exchange.~855million were spent on listing and stock related compensations and this is the big reason.
Direct quote by PLTR here: https://investors.palantir.com/news-details/2020/Palantir-Reports-Revenue-Growth-of-52-in-the-Third-Quarter-Raises-Full-Year-2020-Guidance/default.aspx
We incurred a loss from operations of $847.8 million, which includes $847.0 million in stock-based compensation following our recent direct listing.
I would like to remind everyone that this is a 1 TIME THING. Put simply, this means that PLTR won't have as excessive losses next quarter as they did this last quarter.
Additionally, let me go into further detail on this and not just leave it to that.
ADDITIONALLY...
PLTR also had a higher R&D cost this quarter that just passed. Normally they'd pay 80 million on R&D, but somehow ended up paying ~300 million this quarter. No one knows why, but this is another thing that influenced PLTR's earnings.
https://investors.palantir.com/news-details/2020/Palantir-Reports-Revenue-Growth-of-52-in-the-Third-Quarter-Raises-Full-Year-2020-Guidance/default.aspx
On September 30, 2020, in connection with the Direct Listing, we incurred $769.5 million and $8.4 million of stock-based compensation using the accelerated attribution method related to the satisfaction of the performance-based vesting condition for RSUs and growth units, respectively, that had satisfied the service-based vesting condition as of such date.

#4 PLTR financials moving forwards
PLTR is deep in bed with the government and the Biden regime although may look like it would be against using PLTR is in fact secretly very pro-surveillance e.g pro Palantir.
Here's some of the known organizations in the US Govt that use PLTR:
  1. CDC
  2. Office of the Secretary
  3. Food and Drug Administration
  4. Immigration and Customs Enforcements / ICE
  5. Internal Revenue Service / IRS
  6. National Institute on Drug Abuse
  7. DOD/ARMY - ACC Aberdeen Proving Ground
  8. Coast Guard / DHS
  9. DOD/NAVY - Naval Information Warfare Systems Command
  10. US Attorney's Offices / DOJ
  11. US Special Operations Command / SPEC OPS
Boys. The big institutional people know these things. You just found this out. See how deep PLTR is already in bed with the Government?????? Palantir IS the next Raytheon/Lockheed of DATA aggregation and visualization.
UPCOMING EARNINGS
I've done some quick maths and it looks like PLTR is more likely to be in positive earnings this quarter and with a 0.02 cent EPS target, we can easily assume that they'll destroy this with maybe 0.04 or 0.08 EPS. In the worst case scenario, PLTR's EPS this quarter could be somewhere around MINUS -0.05 ish due to interview costs and ad/campaigning costs that were not there before the company was listed.
WHAT CAN DESTROY PALANTIR
Now, there's big possible downsides and Palantir can fail IF contracts that expire are not renewed. That's biggest REAL reason for Palantir's balance sheet getting screwed.
I've seen a disturbing pattern with PLTR's financials and that's that every year, it's R&D cost is rising by between 150 and 350 million dollars. This is quite a bit of negative revenue and if new contracts are not constantly coming in, PLTR's balance can start going into the negative.
WHAT WILL NOT DESTROY PALANTIR
Some people may have concerns over the new left leaning government dumping PLTR. An article was posted that is behind a paywall EVERYWHERE that goes something like this:
https://www.thedailybeast.com/cdc-officials-urge-biden-team-to-dump-palantirs-covid-tracker
In my opinion, i believe this is inconsequential and that a few people crying to daddy Biden to kill a multimillion contract with PLTR is a stretch. Also we know the current new Biden team has his hands full and will have them full for at least the next 1 year with what's going on.
There is no time to deal with a few crybabies and even if he did deal with it and did decide to kill the PLTR Tiberius Covid tracker contract with the CDC which he WONT, these things take months and years to deal with, and by then the contract/s will have already brought PLTR tons of money and revenue in.
HOW MUCH DOES KARP AND HIS GOONS GET PAID
Short answer is... A LOT. The amounts below are PER YEAR. That's a lot of money in the hole and contributes to annoying amount to why PLTR is always just at the edge of just barely being profitable.
https://preview.redd.it/ba58nqcurob61.png?width=2615&format=png&auto=webp&s=55d45833faad4d60ea8dc142a9601c44b4cc7395
Palantir's prospectus 311 page document's 130 last pages are almost all exclusively talking about extremely complicated options trading schemes that are made by Cohen and others to make sure they can squeeze out a LOT of money out of PLTR.
Mithril Investments has existed from before and is not a new company. Owned by Thiel/Cohen/Karp as a way to launder and exchange options for more options and more money for all 3 of them. Also Shyam Sankar to me feels corrupt which scares me a bit, he's had some very shady dealings and has brought his wife in PLTR that gets paid 200k per year.
Prospectus Document: https://www.sec.gov/Archives/edgadata/1321655/000119312520230013/d904406ds1.htm
I suggest you skim through it, it contains EVERYTHING about Palantir.
Palantir is going to need to have to be getting AT LEAST 500 million in NEW contracts per year to REMAIN BARELY profitable. It's doable in my opinion, but just barely and it's why they made the company public to try and get more people's attention and increase the inflow of contracts.

#5 Soros and his 21 million shares
First of all, i think we can all agree that Soros can suck it.
If you've read a few articles here and there, you'll know that Soros owns/owned 1% of Class A PLTR shares. No one knows whether he's sold them yet or if he's an DPO holder who'll sell 3 days after February's earnings.
Whether he sells them or buys more will be mostly inconsequential in my opinion. We see dips and pumps every day. He legally cannot sell his shares all at once, he'll have to sell certain amounts daily and over time. This will create annoying sideways motion as shares exchange hands and consolidation starts for 2-3 weeks until his and insider shares exchange hands.
Nothing special to see here, move along just a little draw down resulting in some consolidation.
PLTR is exposed to OIL more than anything, so fluctuations in the general market and general market crashes affect PLTR much less than other stocks. Also PLTR does not track ANY benchmarks. NONE.

#6 DPO expiry 3 days after earnings in February
To my limited knowledge, this is how BIG plays who are holding DPO shares usually work:
There's a total of 1.16Billion Class A PLTR shares currently (Give or take don't flog me). We are currently trading with ~250 million shares while the rest are locked away in the DPO.
When those shares are "unlocked" in February, the price of the stock won't be diluted. These shares already exist and are accounted for. They are simply locked. Also when they are unlocked, the share price won't simply multiply because all shares are now tradeable.
According to Palantir’s after-hours filing with the SEC this afternoon, the company has 1.16 billion Class A shares, 484 million Class B shares and 1 million Class F shares on its cap table outstanding today, or a total of roughly 1.64 billion. Only Class A shares will trade, and Class B and F shares are convertible to Class A shares on a one-to-one basis. On a fully diluted basis, which Palantir says represents 2.2 billion shares total according to its most recent S-1 filing, the company is valued at $16 billion. The difference between those two aggregate numbers comes from outstanding stock performance grants, warrants and other financial instruments.
What WILL affect stock price:
To note, regular employees will barely affect the price of the stock with their miniscule share holdings. Alex Karp, Peter Thiel and a handful of other high ranked executives in PLTR are the ones that will create a tiny but manageable ripple in the stock price.
What COULD affect the stock price a lot:

#7 What does PLTR do, tldr.
Imagine Facebook's database of everything about everyone & Youtube's Database of everything & Geolocation data in a database made by the US Army for known terrorist cells.
Palantir allows you to select and match varied data TYPES from several different database, combine it in any way you want and visualize it so that it's human readable by even the dumbest person in the room so that even they can see patterns and come to conclusion on a subject matter.
It's kind of like filling an excel sheet with data and then visualizing it with a bar chart, except the date you filled the sheet with can be anything and not just numbers or dates or countries and you can make various combinations using all the different rows of data to maybe come up with a pattern to something like how to best distribute the Covid vaccines in the counties in a very specific state in the US.
Literally what you see in SciFi movies where people combine random data by smashing keys on a keyboard and somehow find the murderer, the location of a terrorist or the percentage that someone will commit a murder in the future based on a lot of random data about that person or the area, country, family, history... anything.
While this all might sound super cool and amazing, it is. Maybe in 10 years time there will be a few more companies doing this, but for now, it's only Palantir, Circles, Alteryx and a few other private entities that do this type of thing. Many of them work with governments and are hush hush due to the kinds of things they use this type of software for (terrorist cells, warzones, etc) and the public backlash this could cause.
tldr: Glorified data aggregator and visualization platform/software with different access levels for different people.
PLTR is superbly positioned to offer their software to SLOW and Boomer like organizations like Governments.
Governments are stupid and don't have neither the time, nor technical knowledge to develop this software themselves for internal use. This is what PLTR capitalizes on and why Governments use them so much.
Governments could have spent the a fraction of the money they spend on PLTR contracts to make the software themselves but only for their own internal systems and use, but they can't and if they tried, they'd fail because technocracy in governments is not a thing. By the time they'd even complete a project like this, it'd likely be out of spec, unusable and would require further development and money and we know how slow and bad governments are at doing even the basics. Again PLTR wins because of this.
PLTR is likely NOT to be adopted by giants like Google or FB or other modern tech organizations of any size because they are not stupid. They have their own purpose built internal systems that they use to do everything related to data aggregation and visualization because they have the technical knowledge and resources. Buying PLTR for their use is a joke.
PLTR capitalizes on being general a general purpose tool and is set up manually by an engineer over the course of 4-10 days for each customer. The engineer customizes and configures the system for each company's custom use since the software allows you to do so. Regular aggregation and visualization software CAN do the same, but typically lacks data input types and features that PLTR has because PLTR has cultivated a special set of features over many years that were suggested by their existing clientele in battlefields and other places.

#8 Other Information
\*Big known PLTR Holders*\**
https://preview.redd.it/a404oalxrob61.png?width=1631&format=png&auto=webp&s=8c2dbcfac5a7ca207127771ec4e3133f8d943359
\*PLTR's Price List (2019)*\**
https://www.esi.mil/Download.aspx?id=7186

\*Personal TA and Crayon Mania*\**
https://www.tradingview.com/chart/PLTnrjqL4dw-PLTR-Risky-April-100-200-possibility/
https://www.tradingview.com/chart/PLT5YcdCye0-PLTR-Schizzo-Technical-Analysis/
https://www.tradingview.com/chart/PLTCkCTvtqM-PLTR-PLTR-train-leaving-the-station-get-ready/

\*PLTR stock pumping events*\**

\*Similar Companies*\**

\*Known Contract Info*\**

\*Past and new US KNOWN gov contracts. Source* govtribe.com\\**
https://preview.redd.it/kbim7afrrob61.png?width=1392&format=png&auto=webp&s=9abc99d9995c4972919e275f407e1bba6382dfdd

\*Quotes from Won and LOST contracts from Federal Agencies*\**
National Institute on Drug Abuse (NIH) - WON
The National Institutes of Health (NIH) intends to award a contract without providing for full and open competition to Palantir Technologies, Inc., 100 Hamilton Ave., Suite 300, Palo Alto, CA 94301.
Veteran Health Association - WON
The pandemic-related data management and operational decision-support requirements have led the program office to determine that the Palantir data management and analytics platform is the only viable solution that would maintain the current operational capability, without a degradation in VHA COVID-19 decision-support.
AFLCMC Wright Patterson AFB (DOD - USAF - AFMC - AFLCMC) - LOST
Subject Matter Experts (SMEs) held meetings in January/February 2020 timeframe with potential vendors to determine their capabilities and their abilities to meet this mission requirement. They met with Palantir, Recorded Future, Altyrex, In-Q-tel and Semantic AI. From the information they gathered in those meetings it was determined that Semantic AI would be the only company that could fully meet the requirements of this effort without further delaying the project and incurring additional costs


Now friends, here's my position on PLTR. I'll be holding onto it for the next year. If it's not at least 300% by then, i'm selling it and moving on to the next stock. App i'm using is Revolut.
Also yes, i'm ALL-IN only on Palantir because i know my money will multiply itself in the short term. I'm not holding this till 2025 as others are supposedly doing. I'm selling in 2022 with 300% or more profit. PLTR is severely undervalued, underpriced because it's a DPO. Give it till EOY and we're going to be rich. If it was an IPO it'd be trading at 180+ already imho.
I've spent the last month and a half holding PLTR. I've gone full schizzo mode when it comes to PLTR. I lose sleep daily and i love it. I hadn't slept for 37 hours a few days ago because i spent so much time researching PLTR and scraping the internet for all possible information.
I come from an IT/Development background, so i understand what PLTR does completely.
My PT's for PLTR are:
https://preview.redd.it/4t0k1ujprob61.png?width=407&format=png&auto=webp&s=0b3a16265edafa290432e6b79f9009e3df99f495
submitted by Leenixus to wallstreetbets [link] [comments]

Trump under criminal investigation in Georgia

Welcome to… a series I don’t have a name for. Tracking Trump? Trump Watch? Do titles really matter?
Housekeeping:

Investigations

Manhattan Supreme Court Judge Arthur Engoron again ruled against the Trump Organization, ordering the company to turn over more documents to New York Attorney General Letitia James. In December, Judge Engoron required the Trump Org to produce records it had tried to argue were shielded by attorney-client privilege. The judge went further this time, ordering that the company’s communications with a law firm also had to be given to AG James.
Some communications that had been marked as privileged, he wrote, were “addressing business tasks and decisions, not exchanges soliciting or rendering legal advice.” He also said that communications related to public relations were not of a legal nature and that privilege was waived in some circumstances where third parties were involved in the discussions.
James’ office is conducting a civil investigation into whether Trump inflated his assets in financial statements to obtain bank loans and understated them elsewhere to reduce his tax bill. While the probe is wide-ranging, the rulings from Engoron focus on Trump’s Seven Springs property in Westchester County, New York. Manhattan District Attorney Cyrus Vance is also looking into the property as part of his criminal investigation of the Trump Organization.
Now that he is no longer in office, the IRS is expected to advance its review of a $72.9 million tax refund Trump claimed and received in 2010. The tax agency has not given any indication of how it may rule and it’s possible the public may never learn of the outcome either way. If the IRS determines the refund was not issued appropriately, Trump could be required to pay it back with interest - a more than $100 million debt at a time when his biggest properties are “suffering severe revenue losses”.
  • Note that the commissioner of the IRS is still Charles Rettig, appointed by Trump in 2018. His term is slated to end in November 2022. Rettig has numerous conflicts of interests, including a 50% share of two units in a Trump building that has earned him $100,000-200,000 a year since 2006.
House Ways and Means Committee Chairman Richard Neal (D-MA) told the Washington Post that he will continue to seek Trump’s tax returns. Ultimately, Treasury Secretary Janet Yellen can unilaterally surrender Trump’s tax returns to the committee. There is a court case still open on the matter, but the judge is waiting on the Biden administration to take a position before moving forward. In other words, the Biden administration can decide to no longer fight the committee’s request.
  • Trump-appointed judge Trevor McFadden ordered the new administration to give the former president’s attorneys 72 hours’ notice if it decides to give Trump’s tax returns to Neal’s committee. The Treasury and DOJ have until March 3 to submit a status report to the court; lacking a Senate-confirmed Attorney General may lead to another month-long delay in proceedings.
Prosecutors in Fulton County, Georgia, have opened a criminal investigation into Trump’s attempts to overturn the state’s election results. On Wednesday, numerous officials in state government - including Secretary of State Brad Raffensperger - received requests to preserve documents related to “an investigation into attempts to influence” the election.
Of particular note in Ms. Willis’s letter was the wider scope of the investigation. Potential violations of state law include “the solicitation of election fraud, the making of false statements to state and local governmental bodies, conspiracy, racketeering, violation of oath of office and any involvement in violence or threats related to the election’s administration,” the letter states.
While the probe reportedly focuses on Trump’s Jan. 2 call to Raffensperger pressuring him to “find” enough votes to reverse Biden’s win, unnamed officials told the New York Times that Trump’s calls to Governor Brian Kemp, AG Chris Carr, and state election officials, as well.

Money and properties

Before leaving office, former President Trump issued a directive allowing his four adult children and two of their spouses to receive Secret Service protection for six additional months, at no cost. Normally, only the president, wife, and their minor children are entitled to the security. In addition to Trump’s adult children, he ordered Secret Service protection for three former officials: Treasury secretary Steve Mnuchin, chief of staff Mark Meadows, and national security advisor Robert O’Brien.
The perk for the Trump family is expected to cost taxpayers millions of dollars and further stress the elite federal security force, which in the past four years had to staff the largest number ever of full-time security details — up to 42 at one point...
An analysis by watchdog group CREW found that the Trump family took twelve times as many trips with Secret Service protection than the Obamas did: “On average, Obama’s family took 133.3 protected trips per year, while the Trump family has taken an average of 1,625 annually.” Many of the trips taken by Trump’s adult children were to benefit their private business, costing taxpayers tens of millions of dollars in the process.
In February 2017, Eric and Don Jr. flew to Dubai to open a Trump-branded golf club, which cost the Secret Service more than $200,000. The same month, Eric flew to the Dominican Republic to potentially relaunch a failed Trump-branded resort project, which cost $20,000. Eric Trump has visited Uruguay twice for Trump Organization business, costing taxpayers $97,830 in 2017, and $80,786 in 2019. And those are just the receipts we have obtained so far.
After losing the election, Trump managed to shift over $400,000 of donor funds into his private business. The majority - $331,000 - came from his campaign’s joint committee with the RNC. The remainder was donations directly to Trump’s reelection campaign. In total, the joint committee spent $4.3 million with the Trump Organization; his reelection campaign spent $2.8 million.
Two days after the election, on November 5, the joint-fundraising committee paid $11,000 to Trump’s hotel empire. A week later—after the Associated Press, Fox News and other major media outlets had already called the race for Joe Biden—the same committee put another $294,000 into Trump’s hotel business to rent space, order catering and pay for lodging.
Room rates at Trump’s D.C. hotel have more than doubled around March 4 due to a Qanon conspiracy. According to the baseless theory, Trump will be sworn in for a second presidential term on March 4, the day presidents took office prior to 1933. It gets crazier than that, but the main takeaway is that the Trump Organization wants to profit from the Qanon movement by changing the room rates from $476 a night to $1,331 a night on March 3 and 4.
Trump seems likely to reside at his private Mar-a-Lago club despite challenges issued by neighbors after an attorney for Palm Beach sided with the former president. In his 1993 agreement with the town, Trump agreed to change the property from a residence to a private club, barring him from making it a full-time residence. However, Palm Beach attorney John “Skip” Rudolph accepted Trump’s assertion that he’s an employee of Mar-a-Lago who just happens to also live there, which is not prohibited in the town’s zoning laws. Rudolph recommended the town council allow Trump to live at his club; no decision has yet been reached.
Marion, Trump’s attorney, has tried to counter suspicions that Trump is not actually a bona fide employee of the club by telling the council that the former president now walks around the grounds acting as if he’s “the mayor of Mar-a-Lago.” He also showed the council a list of Trump’s jobs at the club, including the sort of greeter job that senior citizens take at big-box stores: “welcomes/thanks those attending” events.
Scotland’s Parliament declined to open an investigation into how Trump obtained his golf courses in the country, saying it was a matter best left to law enforcement. Some Scottish lawmakers have been calling for the government to issue an “unexplained wealth order” to probe whether any financial crimes were committed in the course of purchasing or operating his business. In the 16 years since Trump first incorporated in Scotland, none of his companies have made a profit. In fact, they’ve run up losses of $75 million and owe around $216.5 million to U.S. companies and trusts in Trump’s name.
...[Scottish Greens co-leader Patrick] Harvie said the purchase of Menie and the Turnberry golf resort were part of Mr Trump's "huge cash spending spree in the midst of a global financial crisis".
Mr Harvie said that the House of Representatives had heard testimony which stated: "We saw patterns of buying and selling that we thought were suggestive of money laundering" - with particular concern expressed about Mr Trump's golf courses in Scotland and Ireland.
Illinois Judge Sophia Hall ruled that Trump’s Chicago hotel is liable for violating environmental laws by using Chicago River water without a permit. The state attorneys general office brought the case against Trump’s hotel in 2018, stating the property uses more than 19 million gallons of river water a day to cool its air-conditioning systems. Judge Hall has not yet set a penalty, but the AG is asking for the maximum $50,000 each for two violations, plus an extra $10,000 for every day of the 3 years the violations persisted.
Jared Kushner and Ivanka Trump’s final financial disclosure reports reveal that between January 1, 2020, and January 20, 2021, the couple earned between $23 million and $120.6 million in combined outside income. $1.4 million of the total originated from Ivanka’s involvement with Donald Trump’s D.C. hotel. Furthermore, despite agreeing to divest his $25-50 million stake in Cadre, Kushner never followed through.

Miscellaneous

Far-right platform Parler was in negotiations with the Trump Organization to give Trump, then the president, an ownership stake in exchange for his membership. According to Buzzfeed News, former Trump campaign manager brought the idea to Trump last year as a way to counter Twitter and Facebook. Parler reportedly offered the president a 40% stake if Trump began posting exclusively on their app.
Four sources told BuzzFeed News that Parscale and Trump campaign lawyer Alex Cannon met with Parler CEO John Matze and shareholders Dan Bongino and Jeffrey Wernick at Trump’s Florida club Mar-a-Lago in June 2020 to discuss the idea. But the White House counsel’s office soon put a stop to the talks, one person with knowledge of the discussions said, ruling that such a deal while Trump was president would violate ethics rules.
...Discussions were revived in the weeks following the election, according to two people involved, but the deal fell apart after the Capitol invasion. Following that event, Apple and Google removed Parler from their app stores, and Amazon kicked the company off its cloud hosting service, forcing the site offline.
Trump resigned from the Screen Actors Guild (SAG) last week with an irate letter after the group voted to hold a union disciplinary hearing over his role in the insurrection. SAG accused Trump of inciting the attack on the Capitol and “sustaining a reckless campaign of misinformation aimed at discrediting and ultimately threatening the safety of journalists,” ultimately seeking his expulsion from the union.
Trump’s letter (pdf) to SAG President Gabrielle Carteris opens with: “I write to you today regarding the so-called Disciplinary Committee hearing aimed at revoking my union membership. Who cares!” He then says he is “very proud” of his work on movies “such as Home Alone 2, Zoolander and Wall Street: Money Never Sleeps…” After declaring “[y]our organization has done little for its members, and nothing for me,” Trump resigns from the union.
submitted by rusticgorilla to Keep_Track [link] [comments]

Why Index Funds are Not as Safe and Bubbles are Not as Destructive as You Might Believe

Why Index Funds are Not as Safe and Bubbles are Not as Destructive as You Might Believe
According to Morningstar research in the middle of 2019 almost half of all US stocks were part of some passive index fund. This number almost doubled since 2009. In the meantime, active management is on a steady decline, especially active managed funds. Around the same time Dr. Michael Burry compared index funds to CDOs. Let’s look into this case and try to draw something from it for our benefit.
1. How come index funds are compared to CDOs if they only track industries or sectors of economy?
What we often miss is that the index fund, instead of being a neutral observer, is an active participant in the fundamentals of the companies that compose a particular index. The fund does so by providing capital and influencing market value of a security (this also opens a window of opportunities for the company behind the ticker to raise capital via bank loans or private investments). What’s so bad about this? Well, passive funds don’t go through balance sheets, there is no fair value assessment, no analysis and no risk taking. They just buy whatever company is big enough to make it into the index. This company can then use provided capital to stay afloat or influence it’s price by share buybacks, dividends or simply pay huge bonuses to it’s management. Just like banks didn’t care about subprime mortgages that were packed into CDOs, index funds managers don’t care about what exactly goes into their ‘soup’. With the banks it was just greed and ignorance – in case of index funds it’s by design.
When there is a stable influx of new capital into passive funds, zombie companies are dragged higher and higher. WSB goddess Cathie Wood called this the greatest misallocation of funds in the history. But why is so much cash flowing into index funds? Is it a trend? Is someone incentivized to promote them? Well, yes, but the main reason is different: boomer psychology and our friend, the FED. See, boomers have massive capitals. All those pension funds, retiring firefighters, trust babies, capital heirs – they all seek safety. They don’t try to get 500% returns YOY or lose it all. They are very content with just beating inflation. Throw few percents above inflation and they will be over the moon. For a long time their favorite asset class were treasuries.
2. What is happening to the bond market?
In 2016 US bond market was almost $40 trillion in value, compared to less than $20 trillion for the domestic stock market. Now, I haven’t seen yet the data about the size of US bond market of 2020, but everything points that it’s ratio to stock market is deteriorating. The US 10-year government-bond yield fell from nearly 2.00% at the beginning of the year to an all-time low of just 0.31% in early March. That’s what Rick Rule called ‘return free risk’, since allocating capital into these treasuries almost guarantees you to lose money to inflation.
https://preview.redd.it/q6r2fhqfu6961.png?width=1372&format=png&auto=webp&s=b72fad038a47ee1a0adca587881f46bafc25cc89
Look at what is happening in Europe: “The ECB, which added 500 billion euros ($606 billion) to its pandemic bond buying program, is set to own around 43% of Germany’s sovereign bond market by the end of next year and around two-fifths of Italian notes, according to Bloomberg Intelligence. That’s up from around 30% and 25% respectively at the end of 2019... Trading volumes in bund futures have collapsed 62% since the ECB started buying bonds, according to Axa, while ranges the lifeblood of traders have nosedived across Europe. In both the safest and riskiest nations, this quarter’s spread between the highest and lowest yields is the tightest it’s been since at least the global financial crisis.”
The FED is doing quite the same. Buying bonds (including corporate) all over the place and lowering interest rates to the ground. What’s even more devastating for boomers is that there’s no hope on the horizon: the FED promises to keep interest rates low for the next few years. We are really heading towards Japan situation where the central bank is that fat ugly bully kid playing all by himself in the sandbox.
3. Where to go if the bonds are not so hot?
This all causes big money to chase the next best thing. What do people consider safe? Real Estate. And indeed it rose: according to Knight Frank Global House price index US housing prices rose 7% from Q3 2019 to Q3 2020. But that’s a lot of hustle for big money. And that is hardly a passive income, rather a career. So the next best thing is index funds. What can be better than tracking the whole US economy? Never bet against America, am I right? Even if we stumble upon a market crash sending S&P down – the economy will recover, it always does, right? The influx of cash into ETFs is basically a self fulfilling prophecy: it drives prices up and those yearly returns get even more lucrative compared to sexy 0.31% provided by treasuries.
The data shows that 2019-2020 saw again a spike in passive management allocation, but I couldn't find more up to date graph
Even worse is that actively managed funds and bank investments start to, basically, replicate index funds. That is due to the risk/reward factor: if the funds outperform the market - they get some good rep and few new customers; but when they underperform the market – they get absolutely obliterated. Only few outsiders can risk picking deep value stocks or plays, that are not common portfolio dwellers. Or it takes someone with huge authority like Warren Buffett or Howard Marks.
4. Bubbles everywhere
Now, at this point you might be on the edge of your seat, banging your fist and thinking that this is nothing but a bubble and the boomers, index funds and the FED are to blame. Well, it is. Hard truth is that fundamentals in the long run always kick-in. So-called Buffett indicator (total stocks market cap to GDP) is almost at a record high. And on top of that we have Dot.com bubble 2.0 with crazy tech enthusiasm. And a second real estate bubble too. But I urge you to notice, that bubbles are not all the same with the same outcome. Well, they all go burst, but that’s not the point. There are bubbles that I would call ‘General Market Heat’ - situations when too much money goes into the market, causing it to overheat. Then some sort of event, panic, fear, or rumor, not necessary caused by declining fundamentals, sends the market to downward spiral. As an example: panic of 1857, 1929, 1987, etc. The better the fundamentals were and the least the government gets involved – the faster it rebounds. Those bubbles do nothing but attract more speculators and their only result is the number of bankruptcies. Then there are bubbles that I would call ‘Thematic Bubbles’ - those are dedicated to some specific industry or a number of particular stocks that are expected to grow enormously. Tulip Mania in Netherlands (1637), Railway Mania in UK (1840s), Video Games Crash of 1983, Dot Com Bubble (2000). They all chased some particular novelty and all landed on their faces. But doing so they provided huge capital to developing industries. Dot Com Bubble gave us rapid growth of internet usage. Video Games chase of the late 70s and early 80s gave us the golden age of arcade gaming and huge inventions in graphics and game tech. Railway Mania left Britain with the largest system of railroads in the world. And guess who is the biggest exporter of tulips and holds 49 % of the global flower market? Yep, Netherlands, to this day, almost 400 years since the mania!
This did not in any way benefit the majority of investors who went down with the bubble. But you can view this as a sacrifice of dumb and greedy people for the benefit of the progress. I get a sense of pride in this noble cause, as a member of WSB community.
Back to boomers and index funds. By pouring money into index funds they provide capital both to disruptive industries and to zombie companies. The good thing is that the tech gets the majority of it, since it has the biggest share. Just look at the SPY top 6 holdings:
https://preview.redd.it/ien160wku6961.png?width=361&format=png&auto=webp&s=b4fb8528478110ff0f2d5f9e1a793d7b5e5a9085
It’s genuinely good that companies like Tesla will get allocation of billions and billions which they (frankly) do not quite deserve at current fundamentals. This will accelerate their growth. The bad thing is that such allocations cement big tech monopolies, damaging competition. And it also provides liquidity to zombie companies big enough to make it into indexes.
Difference is that innovative companies use this cash to reinvest into future growth. That’s exactly why their P/E ratios are so bad. Zombies spend cash on buybacks and management bonuses. Because of how all these companies are tied together in index funds and due to the nature of modern margin calls – once any segment of the stock market falls, there will be a massive dip. Tech can drown any industry stocks with them and vice versa. But the Tech will be able to cut investments, R&D and expansions and become profitable, while zombies with a big debt will go bankrupt. Either way it’s investors, who will bear the pain.
5. What shall we draw from here:

  1. There are huge inflows into the stock market. And the blame is not so much on the kids with RH as it is on the boomers and ‘smart money’ chasing index funds;
  2. If you want to short any of the bubbles as a hedge – do not short the most growing and volatile sectors and ETFs like QQQ, because they benefit from the current market in a long run. And also the premiums are huge due to IV. Rather short slow and steady industries, because they will get nuked just as much in case of a crash, but the premiums you pay now will be much lower;
  3. Passive index funds investing makes ‘price discovery’ and a search for deep value so much more challenging. But not impossible. Basically, Peter Lynch’s advise to look for companies with smaller institutional ownership still lives up today. Does this mean that prices can’t be good or go up under big index allocation? Hell no. But the chance to find a ten-bagger declines.As an anecdote: look into our champion’s GME institutional ownership: on Jan 31 2020 it was 96.6 % and declined to relatively low 66.7 by Sep 30. Exactly before it doubled in the next 3 months;
  4. Some bubbles provide needed capital to developing and hyped industries causing structural change. Unfortunately, it is paid by investors who rarely see any return;
  5. FED is to blame for everything (as always);
  6. WSBers will lose money either way (as always).

TL;DR:
The bond market is similar to boomers wives: sexy in the 80s, not so much today. Constant intrusions by their relatives (the FED) into their relationships makes things even worse. That sends boomers chasing young girls - the stocks. But their dongles aren’t so active anymore, so boomers prefer passive approach, using a dating app - index funds. Unfortunately, there are only so many hot girls among young ladies on the app. This leads to ugly ones receiving attention and money from boomers, which they otherwise wouldn’t deserve. Some of those ladies spend money wisely and will be good to go once the boomer dies out. Others immediately waste it on shopping. Now, if a young man wants to find a truly beautiful lady with reasonable expectations – he has a better chance searching outside of the boomer dating app.
Obligatory pictograph of a rocket for those of us who are not yet fully developed for an alphabet
🚀 🚀 🚀
submitted by negovany to wallstreetbets [link] [comments]

Girl defined exposed master post(sourced from the web archives since everything on the web is forever)

Girl defined exposed master post(sourced from the web archives since everything on the web is forever)

Girl Defined Exposed

post by u/firewhiskers
📷Girl DefinedMasterlist of Girl Defined's Articles
Transphobia
Homophobia
Bigotry
Anti-Abortion
Anti-Feminism
Purity Culture
Toxic "Advice" on Mental Health
Nazi Ancestor and Nazi Apologists
Girl Defined's great-grandfather Johann (Hans) Grosslercher was a member of the NSDAP since 1925 and was the Nazi mayor of Saalfelden, Austria. He was arrested multiple times in 1934 likely for participating (and possibly leading) Nazi demonstrations (which was illegal in Austria at the time). He became the mayor of Saalfelden a mere six days after the Nazi Germany annexed Austria, which should give you a good indication of his status and influence within the party.
u/softspock wrote a fantastic masterpost here with a ton more details that I encourage everyone to read, if they haven't already.
None of this would be an issue if it wasn't for the following:

Bethany poses beside her Nazi ancestor's gravesite | https://archive.is/z31eh
During her honeymoon, Bethany and her husband posed in front of the gravesite of her great-grandparents. Savvy users quickly noticed the names and looked them up, only to discover the details I listed above. Bethany began deleting comments inquiring about the Nazi connection. This post is still up. The questioning comments are not.
One of the photos contains Bethany and her husband standing in front a four-storey villa. Her caption mentions: "My Nana grew up in this house and this adorable Austrian town. I love that the house is still in the family!"
Under her great-grandfather, nine Jewish people and their families had their property and businesses taken away under "Aryanization" laws. One couple, Artur and Sara Kant, owned a department store that was seized, with Artur being sent to Dachau in November of 1938.

Bethany's tone implies her family faced persecution, not that one of them was a Nazi | https://archive.is/GYCPu
Another post has the caption: "With family that lived in Austria and were directly impacted by the war, I have a special interest in learning about what they went through."
Johann Grosslercher likely oversaw sending Saalfelden's Jewish community to the death camps. Once WWII ended, he was removed as mayor in 1945.
If Bethany is unaware of her ancestor's Nazi history and involvement, it may also be because her mother still holds him in high regard. One of Heidi's sons is nicknamed after him ("Hans"). She also made the following post below (since deleted):

Girl Defined's mother, Heidi, posts an actual picture of her Nazi grandfather, indicating that they still hold him in high regard.
This Nazi ancestor is still idolized within the Baird family to the point where Girl Defined either remains completely ignorant of his actions or they are deliberating misrepresenting their family history.
A 2012 blog article written by Bethany that takes care to mention her grandmother, but misrepresents her great-grandfather's arrest as oppression by the Nazis, rather than an arrest of a Nazi by the Austrian government.

https://archive.is/9wplv
Whether it's genuine ignorance, historical revision, or Nazi apologies, I'll let you decide.
Racism & Cultural Appropriation
On Thanksgiving Day 2020, Suzanna Baird (the youngest of Girl Defined's siblings) decided to dye her hair black and dress up as Pocahontas.

Suzanna Baird poses outside in a homemade Native American outfit with red face paint. Her caption reads \"Pocahontas vibes\"
Sue, along with her family and friends, appear completely ignorant as to why "dressing up" as a Native American woman who was kidnapped, had her Native husband murdered, was forced to give up her first child, was raped by white colonialists, forced to marry John Rolfe, forced to convert to Christianity, never saw her family again since she was most likely murdered before the age of 21.

Sue poses with other friends and family donning pilgrim hats. Sue's caption reads: \"TURKEY TROT to try to get rid fo the 5 cinnamon rolls I've eaten already\"
The systematic genocide, oppression, and cultural destruction of Native Americans has a long and shameful history from European colonization, Native American slavery, Indian Removal Act, Trail of Tears, forced cultural assimilation, forced religious conversions, the residential school system, and so much more. Even today, Native American communities still face high risks for mental health issues, suicides, alcoholism, substance abuse, diabetes, tuberculosis, and other health conditions stemming from past and current trauma. There is a disturbing amount of missing and murdered Indigenous women (MMIW) and Native American women are twice as likely to face violence than any other demographic.

https://preview.redd.it/et8px1vetzd61.png?width=457&format=png&auto=webp&s=afcb4e2365c312834de3f0ba95bcf8b72cb2f263
Suzanna Baird poses with a friend. She has painted red streaks on her cheeks.
Ellissa and Fiance's Homophobia
Ellissa has recently posted that she wishes to "clarify false info" regarding accusations of homophobic remarks made by her fiance. In case she herself is unaware, here is what he has posted regarding the LGBT community on his own social media (translated from Russian):

https://archive.vn/t01j2
u/slavic_at_the_disco has a great post where she translated this and other comments he's made. If you're still doubtful about what the rasterized image says, here is the text to copy and paste:
Nike разорвал контракт с Мэнни за его слова: «Женщины были созданы для мужчин, а мужчины — ‘для женщин. Видели ли вы когда-нибудь, чтобы у животных самцы были с самцами, а самки - с ‘самками? Если мы разрешим однополые браки, тогда человек хуже животного». Поделись этим постом в поддержку Мэнни со словами: Не покупайте одежду Nike.
Which roughly translates to:
Nike broke the contract with Manny for his words: “Women were made for men, and men were for women. Have you ever seen with animals, males were with males, and females were with females? If we allow gay marriage, then a man is worse than an animal. " Share this post in support of Manny with words: Don't buy Nike clothes.
And some more bigotry since this was not a one-time thing:
And those are just the posts that were made public.
Gatekeeping Christianity
During the 2019 Girl Defined Conference, Bethany and Kristen publicly tore down another fellow Christian YouTuber, God is Grey, in front of their own young audience simply for having a different interpretation than them. They are hostile to her progressive, LGBT-friendly, and sex-positive messages. On stage, Bethany infamously says: "Like, why even call yourself a Christian?"

Bethany has the audacity to call into question another Christian's faith.

This was especially egregious considering that Brenda (God Is Grey) previously reached out to them a whole month earlier via email, kindly asking if they'd be down to discuss and explore their differing views on purity and modesty. They responded that they'd be delighted to talk via Skype, but that they were swamped with conference prep so would have to schedule when it was less busy.
Days go by with no further correspondence. Until Brenda's own fans discover that Girl Defined has publicly questioned her faith and ripped her apart at their own conference. Brenda did an entire videoabout how Girl Defined played sweet to her face, but essentially stabbed her in the back.
Grifting for Fun & Profit
Girl Defined has been shady about their business operations and expenses at best. As a non-profit, they are required to file an annual 990 Tax Return. Here is their report for 2017 and here is the report for 2018. They haven't released the 2019 form, but when pressed, they offered a budget & expense report, not the actual amount of money they take in. They had a net asset of about $92,625 by the end of year 2018, but continue to ask for donations about $30,000 at the end of each year. They once asked for $20,000 when Cody Ko's video on them went viral. One of their biggest yearly expenses appears to be ~$6000+ on "Meals & Entertainment".

https://preview.redd.it/lq5wm0q8tzd61.png?width=499&format=png&auto=webp&s=4faa2c08976dfaa344080b49699b1613cc49c19b
In Dec 2019, they claimed they needed nearly $15k for a new website and rebranding | https://archive.is/9UkeL
Despite exceeding their year end donation goal of $30,000, there is still no new website as of November 2020 and no one knows where that money went.
During COVID-19 shutdowns and economic trouble for hundreds of millions in the country, Girl Defined did not seem to take it very seriously. Instead of helping their local community, donating to people in need, supporting those infected either financially or emotionally, it was business at usual at Girl Defined HQ. They've travelled on domestically multiple times, travelled internationally at least twice, held a summer wedding for their brother, planned to hold their annual conference in-person before the city stepped in, held numerous unnecessary parties and gatherings, and have questioned whether masks stop the spread of the disease.
Bethany made an out-of-state trip (with her unvaccinated young baby) to buy up 38 entire dresses from Charleston thrift stores, thereby removing potentially the only affordable clothing for low-income families in the area. She later marked up the prices for 6x what she likely bought them for and is currently attempting to sell them online.

https://preview.redd.it/oqm8spf7tzd61.png?width=639&format=png&auto=webp&s=fe2c020c5a0c201772622031ccde2873f8ab12b0
"Like, why even call yourself a Christian" indeed.
In conclusion...
Girl Defined is not the nice, wholesome, polished Christian brand they make themselves out to be. They are a sinister sexual prosperity gospel cult that preys on insecure and vulnerable young women looking for direction and answers in their lives, if they are not already being raised in fundamentalist households to begin with. Their teachings on purity culture and intolerance of LGBT do real harm. And no, saying "hate the sin, love the sinner" is NOT a loving response. Neither is endorsing "ex-gay" spokespeople like Jackie Hill Perry when your audience comes looking for answers on what to do if they're gay. Neither is assuming that just because they say it with a gentle smile or claim to do it "out of love" that it's actually love.
It's not. It's manipulation and it's disgusting.
Thank you for coming to my TED Talk. ( u/firewhiskers )


Thank you, u/notableusername , for bringing up the link below:
This was previously posted in this sub (as well as FS) by u/firewhiskers(https://www.reddit.com/FundieSnarkUncensored/comments/jq5zag/girl_defined_exposed/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
submitted by Direct-Winter4358 to FundieSnarkUncensored [link] [comments]

Fundamental analysis of GME and an argument for why the speculation is perfectly reasonable

Hello to all you special, fabulous, and unsophisticated retail traders. I believe people should view GME how they view startups and tech companies, with a focus on their future potential and how their fundamentals will enable or hinder growth, instead of focusing on their current price to earnings and short term volatility. I'm long on Gamestop because of changes in leadership, their new business strategy, and because their fundamentals are ACTUALLY PERFECT for company beginning to restructure and transform.
BUSINESS STRATEGY
In May of 2019, we announced our multi-year transformation initiative, which we refer to as GameStop Reboot to position GameStop on the correct strategic path and fully leverage our unique position and brand in the video game industry. Our strategic plan is anchored on the following tenets.
Optimize the core business. Improve the efficiency and effectiveness of operations across the organization, including cost restructuring, inventory management optimization, adding and growing high margin product categories, and rationalizing the global store base. Prioritizing efforts to optimize the store base and improve the fundamental operations of the business yielded the net closure of 321 stores in fiscal 2019, 461 stores year-to-date in fiscal 2020, and included both the divestiture of the Simply Mac business and wind down of underperforming operations in Denmark, Finland, Norway and Sweden. Improved inventory management drove a significant increase in inventory turns and as a result, in working capital, while an intense focus on organization structure and expense reductions yielded a $315.9 reduction in reported Selling, General and Administrative costs year-to-date in fiscal 2020.
Build a frictionless digital ecosystem. Develop and deploy a frictionless consumer facing digital first omni-channel environment, including the recent relaunch and customer experience enhancements within GameStop.com, the launch of a completely new GameStop App, as well as the optimization of our retail store footprint to maximize our customer reach more broadly across all channels and provide them the full spectrum of content and access to products they desire, however, wherever and whenever they want to shop. Enhancements to the user shopping experience and improved omni-channel capabilities, including expanded delivery and payment options, yielded an increase in e-commerce sales of over 430% through the third fiscal quarter of 2020.
Become the social / cultural hub for gaming. Create the social and cultural hub for games and entertainment and expand GameStop’s addressable market through category and product expansion to offer the most comprehensive product offering across the GameStop omni-channel platform. Our customers are increasing their engagement across the spectrum of games, entertainment and technology and our focus remains to meet those expanding needs.
Transform vendor partnerships. Transform our vendor and partner relationships to unlock additional high-margin revenue streams through an expanded suite of product and service offerings to optimize the lifetime value of every customer.
Connected to our transformation efforts, we have incurred and continue to incur severance, store closure costs and expenses for consultants and advisors. See "Consolidated Results from Operations—Selling, General and Administrative Expenses" for further information.
We continually review and prioritize our capital needs and are committed to making investments in our infrastructure to drive our business plans and realize on our transformation initiatives. Key areas of investment include improving the presentation and content as well as the functionality, general search and navigation across our customer facing digital channels; improving customer data integration and customer relations management capabilities; continuing to enhance service offerings to our customers; continuing to strengthen and deepen our information technology, analytics, marketing and e-commerce groups; and creating more flexible fulfillment options designed to improve our delivery capabilities and reduce our shipping costs. These and other investments are expected to, among other things, provide a seamless and compelling customer experience across our omni-channel retail platform.
\*I AM IN NO WAY SHAPE OR FORM RECOMMENDING THAT YOU BUY, HOLD, OR SELL ANY SECURITY. I'M UNDER THE INFLUENCE OF SEVERAL LEGAL SUBSTANCES, DON'T ANY OF THIS SERIOUSLY. I AM USING PUBLICLY AVAILABLE INFORMATION TO EXPLAIN MY UNDERSTANDING OF A CORPORATIONS FINANCIAL PERFORMANCE AND OPENING A DISCUSSION FOR FUNDAMENTAL VS SPECULATIVE STONK PRICING.\*\
submitted by Ben_Burndanke to wallstreetbets [link] [comments]

Flatten the Curve. Part 84. Who are the What If Men. What is the People Machine? They Have Been Manipulating Society Using Simulations for a Long Time. The Worst is Yet to Come.

Previous Post Here
Rock the vote! Power to the people! Get out and vote. Every vote counts. And the beat goes on. And on. And on. And on. And we buy it. Hook. Line. And sinker. Don't we? But, we live in a democracy! Yep. Sure do. We vote and then they do whatever they have planned. Seriously. Guantanamo Bay? Still there. Rich getting richer? Still happening. Gain of function testing on viruses? Still happening. Nafta? Who actually voted? No. One. Big bank bailouts? No choice. Get it? The illusion of choice is all it takes to pacify the masses. That's it. Our votes are the placebo effect.
Do some of us notice? Yes. A few. For all the good that does us. So why are they able to get away with it? Surely at some point we would have noticed. Well we did notice, and they adjusted, and we're still living with the consequences. When did we notice?
The Vietnam War.
All the pictures of body bags and all the reports of the horrors of war were too much. We questioned why? The answer wasn't good enough. An economic system. Sure they tried to convince us back then that it was because human rights and liberty. Ok. Then we fast forward to present day and we trade with Vietnam. But nobody says, HEY! AREN'T THEY EVIL COMMUNISTS! No. One. Why? Because those in charge learned. All the images of war changed. Now we only see video game targets on screen. Now we only hear of all the amazing technology making war so advanced! War has become a Walt Disney production. Sanitized for the masses.
How did they do it? How? Simple. They know in advance what stimulus will have the greatest effect on us, and what effect that stimulus will be. How? Simulations. And it's been going on for a very long time.

Simulations and Scenarios

In this scenario, we don’t want to marginalize the more extreme candidates, but make them more ‘Pied Piper’ candidates who actually represent the mainstream of the Republican Party,” read the memo. “Pied Piper candidates include, but aren’t limited to: • Ted Cruz. • Donald Trump. • Ben Carson. We need to be elevating the Pied Piper candidates so that they are leaders of the pack and tell the press to [take] them seriously."
Oh. Ok. So Crooked Hillary's team wanted to pump up Trump. Let me say that again, Pump Up Trump (sounds like a new sex toy, doesn't it? I'll get my people to call your people and lets make this happen. It'll be huge and people will love getting screwed by it!). And then it gets worse.
“Just like everybody, I thought this was a Bush against a Clinton, that’s all it was going to be,” said former Wisconsin Governor Jim Doyle. “When I saw the first set of debates, I would turn them on in an entertainment mode to see what Donald’s going to say today. It was funny." Source Here
Trump is funny. Ha. Ha. Ha. Let's get in some of that new Reality TV show called The Political Apprentice. Right.
So is Trump a part of something nefarious? Or is he fighting the Deep State? But what if the answer is more complicated than that? What if all the peices are moved, including President's, on purpose, and with a plan?
Crazy? Surely that's just plain nonsense and there's no way that could happen, right?
Well, let me show you some additional things before the Internet of Things is in everything and we can't do anything.

They Pick, You Vote, Don't Matter. They Already Know.

What? Preposterous you say? Let's travel back to JFK and the People Machine.
Consider the strange trajectory of the Simulmatics Corporation, founded in New York City in 1959. (Simulmatics, a mash-up of ‘simulation’ and ‘automatic’, meant then what ‘artificial intelligence (AI)’ means now.) Its controversial work included simulating elections — just like that allegedly ‘pioneered’ by the now-defunct UK firm Cambridge Analytica on behalf of UK Brexit campaigners in 2015 and during Donald Trump’s US presidential election campaign in 2016. Journalists accused Trump’s fixers of using a “weaponized AI propaganda machine” capable of “nearly impenetrable voter manipulation”. New? Hardly. Simulmatics invented that in 1959. They called it the People Machine. As an American historian with an interest in politics, law and technology, I came across the story of the Simulmatics Corporation five years ago when researching an article about the polling industry. Polling was, and remains, in disarray. Now, it’s being supplanted by data science: why bother telephoning someone to ask her opinion when you can find out by tracking her online? Wondering where this began took me to the Massachusetts Institute of Technology (MIT) in Cambridge, to the unpublished papers of political scientist Ithiel de Sola Pool. Simulmatics, hired first by the US Democratic Party’s National Committee in 1959 and then by the John F. Kennedy campaign in 1960, pioneered the use of computer simulation, pattern detection and prediction in American political campaigning. The company gathered opinion-poll data from the archives of pollsters George Gallup and Elmo Roper to create a model of the US electorate.
Lasswell, whose research on communication purported to explain how ideas get into people’s heads: in short, who says what, in which channel, to whom, with what effect? During the Second World War, Lasswell studied the Nazis’ use of propaganda and psychological warfare. When those terms became unpalatable after the war ended, the field got a new name — mass-communications research. Same wine, new bottle. Like Silicon Valley itself, Simulmatics was an artefact of the cold war. It was an age obsessed with prediction, as historian Jenny Andersson showed in her brilliant 2018 book, The Future of the World. At MIT, Pool also proposed and headed Project ComCom (short for Communist Communications), funded by the US Department of Defense’s Advanced Research Projects Agency (ARPA). Its aim, in modern terms, was to try to detect Russian hacking — “to know how leaks, rumors, and intentional disclosures spread” as Pool described it.
Isn't that odd? Computers making predictions back in 1960. Computers analyzing human behavior in order to predict human behaviours and control the election outcome. And the scientist who it all started with came from MIT. And we wonder how all that Jeffrey Epstein money was spent.
The press called Simulmatics scientists the “What-If Men”, because their work — programming an IBM 704 — was based on endless what-if simulations. The IBM 704 was billed as the first mass-produced computer capable of doing complex mathematics. Today, this kind of work is much vaunted and lavishly funded. The 2018 Encyclopedia of Database Systems describes ‘what-if analysis’ as “a data-intensive simulation”. It refers to it as “a relatively recent discipline”. Not so. Buoyed by the buzz of Kennedy’s election, Simulmatics began an advertising blitz. Its 1961 initial stock offering set out how the company would turn prediction into profit — by gathering massive data, constructing mathematical models of behavioural processes, and using them to simulate “probable group behaviour”.
Do you really think these What-If Men are done and gone, set out to pasture like the cattle they manipulate? Really? Seriously. No. Obviously not. Or there wouldn't be such a fuss about Facebook and Cambridge Analytica. Same Crap. Different Flies. Only know there are more flies and the crap pile is bigger.
In 1963, on behalf of the Kennedy administration, Simulmatics simulated the entire economy of Venezuela, with an eye to halting the advance of socialism and communism. A larger project to undertake such work throughout Latin America, mostly designed by Pool and known as Project Camelot (Project Camelot, where have I heard that before?), became so controversial that the next president, Lyndon B. Johnson, dismantled it (sure he did). After 1965, Simulmatics conducted psychological research in Vietnam as part of a bigger project to use computers to predict revolutions. Much of this work built on earlier research by Lasswell and Pool, identifying and counting keywords, such as ‘nationalism’, in foreign-language newspapers that might indicate the likelihood of coups. Such topic-spotting is the precursor to Google Trends. Before his early death in 1984, Pool was also a key force behind the founding of the most direct descendant of Simulmatics, the MIT Media Lab. Pool’s work underlies the rules — or lack of them — that prevail on the Internet. Pool also founded the study of “social networks” (a term he coined); without it, there would be no Facebook. Pool’s experiences with student unrest at MIT — and especially with the protests against Simulmatics — informed his views on technological change and ethics. Look forward. Never look back. Source Here
Unrest and protest at MIT against Simulmatics. I guess you could call it Rage Against the Machine. Maybe we should ask Jeffery Epstein if that's a good name? He did invest a lot of money into the MIT Media lab, after all. Surely he has an opinion on it. Too bad he killed himself. Snicker.
Look forward. Never back. That sounds suspiciously like a No Regrets policy, doesn't it? The ends justify the means. Let's hurry up and get those vaccines out. We can test for them along the way. It's all good.
Decades before Facebook and Google and Cambridge Analytica and every app on your phone, Simulmatics’ founders thought of it all: they had the idea that, if they could collect enough data about enough people and write enough good code, everything, one day, might be predicted—every human mind simulated and then directed by targeted messages as unerring as missiles. For its first mission, Simulmatics aimed to win the White House back for the Democratic Party. The University of California political theorist Eugene Burdick had worked for Greenfield in 1956, but decided not to join Simulmatics. Instead, he wrote a novel about it. In “The 480,” a political thriller published in 1964, a barely disguised “Simulations Enterprises” meddles with a U.S. Presidential election. “This may or may not result in evil,” Burdick warned. “Certainly it will result in the end of politics as Americans have known it.” That same year, in “Simulacron-3,” a science-fiction novel set in the year 2034, specialists in the field of “simulectronics” build a People Machine—“a total environment simulator”—only to discover that they themselves don’t exist and are, instead, merely the ethereal, Escherian inventions of yet another People Machine. After that, Simulmatics lived on in fiction and film, an anonymous avatar. In 1973, the German filmmaker Rainer Werner Fassbinder adapted “Simulacron-3” into “World on a Wire,” a forerunner of the 1999 film “The Matrix,” in which all of humanity lives in a simulation, trapped, deluded, and dehumanized.
The Matrix? A people machine. A Total Environment Simulator. Yikes. That sounds extremely far fetched, doesn't it. Trapped. Deluded. And. Drumroll please. Dehumanized.
In 1967 and 1968, at home, Simulmatics attempted to build a race-riot-prediction machine. In 1969, after antiwar demonstrators called Pool a war criminal, the People Machine crashed; in 1970, the company filed for bankruptcy. (Most of its records were destroyed; I stumbled across what remains, in Pool’s papers, at M.I.T.) Source Here
A race riot machine that apparently failed? And look what happened nine months ago? Coincidence? Foreign power information warfare? AI training wheels? Kinda scary, ain't it? And guess what? We're not done yet.

Ithiel de Sola Pool

So the Simulmatics Corporation was responsible for this;
Sept 17, 2020 • In 1960, media reports of dark forces behind John F Kennedy’s winning presidential campaign caused what Jill Lepore calls a “national hullabaloo”. America’s new leader, it was widely reported, had clinched the victory with the help of a “secret weapon”: a super computer that crunched troves of data to profile voters, allowing Kennedy to better target his political messaging before the polls opened.
And now let's look deeper at somebody who worked at the Simulmatics Corporation, Ithiel de Sola Pool.
For all of Simulmatics’ efforts at automating prediction, it is company executive Ithiel de Sola Pool, an MIT academic with a focus on social networks, who in Lepore’s telling proves to be the most accurate prediction machine — foreseeing the “data-mad and near-totalitarian twenty-first century” that he was instrumental in helping to create. “In the coming atomised society, the information the citizen gets will arise from his own specific concerns,” he wrote in 1968, predicting a communications revolution, “customised news feeds” and the dismantling of party politics for a “politics of self, every citizen a party of one”. Source Here
That's extremely prescient. Did he predict the future or make it? What came first, the chicken or the egg? Don't matter. Don't care. Not at all. Because the end result is the same,
So what more can we find out about de Sola Pool? How about the fact that he studied Nazis and Communists? Heck, he studied totalitarianist speeches to figure out how words could carry power and influence. Over us. Overload us.
But how unethical was Pool? Well, the guy who risked everything to bring us the Pentagon Papers (the papers that proved the Gulf of Tomkins incident was a false flag) thought this: Daniel Ellsberg would later say of Pool, “I thought of him as the most corrupt social scientist I had ever met, without question.”
Not cool. Definitely. Not. Cool. Because if you naively believe that Pool’s research isn't being used by the Technocrats today, then more power to you. Believe what you want. Or should I say, believe what they want.
And who are "they"? They are the Rockefeller's and Rothschilds, the Technocrats, the World Economic Forum, the Bilderberg Group, CIA, NSA, and the Council on Foreign Relations.
Speaking of which.
At that point in his (Pool’s) career, he was a member of the Council on Foreign Relations, advising several countries around the world. Pool felt that the world was underestimating the importance of communications and technical change. Source Here
Oops. Pool was a member of the CFR advising several countries around the world. Ok. Next step.
2004 • The transformation of the United States into a power able and willing to take a leading role in world affairs was not achieved solely through policy changes in Washington, DC, let alone simply by changes in the structure of world power. This chapter examines the vital role of the CFR in transforming American public opinion from ‘isolationist’ to ‘globalist’ as an important aspect of America’s rise to globalism. In this regard, the Council focused its energies to undermine and marginalise isolationism while promoting its own internationalist views as the best means to achieve the American national interest. Source Here
So if a bunch of unelected officials are officially changing policy, why do you vote? Rock the vote? Don't make me laugh. More like Don't Rock the Boat.
They started running simulations back in the sixties. Remember, Nixon was the odds on favorite to win. Kennedy was a long shot. And then, Kennedy was the President. Nixon probably wasn't happy. After all, he was part of the power structure. He went to Bohemian Grove. And then he had the rug pulled out from underneath him. And what did he end of calling Bohemian Grove attendees? A bunch of fags. Oops. Who pissed in his cornflakes?
They run simulations. Then they have different scenarios that dictate policy. Then they use the CFR, the WEF, the Rockefeller Group, and other NGO'S to adapt and shape future policy decisions to steer society. Heck. They probably even use the Mickey Mouse Club at this point.
November 21, 1971 • Of the first 82 names on a list prepared to help President Kennedy staff his State Department, 63 were Council members. Kennedy once com plained, “I'd like to have some new faces here, but all I get is the same old names.” Source Here
So a "People Machine" helped get JFK "elected" and his State Department list was mostly comprised of Council members. It's starting to look more and more like our heads of state are manipulated just like us, doesn't it? Let's jump back into the Pool one more time.
In 1965, he wrote "The Kaiser, the Tsar, and the Computer," an essay about a computer-simulated international crisis. Later, his interest in quantitative analysis and communications would contribute to computer models to study human behavior.

Computer Models aren't Playboy Centerfolds

It doesn't matter who gets voted in. They may think they're in charge. They may go along. Or they may think they're making changes. But, I guarantee you the changes they make are the changes those behind the scenes want. Even if our leaders know it or not.
No way! Thats crazy! Insane! Ok. Sure. But remember this, in a world of insanity, a sane man is always perceived as being insane. So let's dive into the DEEP END OF THE POOL and see what we can find.
October 2, 2019 • With AI, the models suddenly become more realistic. “One of the things that has changed is an acceptance that you really can model humans,” says F. LeRon Shults, director of the Center for Modeling Social Systems at the University of Agder in Norway. “Our agents are cognitively complex. They are simulated people with genders, ages and personalities. They can get married, have children, get divorced. They can get a job or get fired, they can join groups, they can die. They can have religious beliefs. They’re social in the way humans are. They interact with each other in social networks. They learn from each other, react to each other and to the environment as a whole.”
Hold on. Agent's are cognitively complex? That's scary, isn't it? And this is a very strange situation we find ourselves in, isn't it? Agents. Simulations. Viruses. Sentinels. Didn't they try and block out the sun? Ahem. Bill Gates. And I've read that originally the script didn't have humanity as batteries, but instead used humans as their RAM. In other words, we we're used for our brains ability to think. More on this in an upcoming post. Just think about it for now.

Final Thoughts

The what if men and the people machine. They model society and we see what they want us to see. Kind of like the model in the Matrix wearing the red dress. We're too busy looking for danger everywhere but where we should look. And that's a mistake. This is why we can't dismiss anything. We have to question everything.
In the previous post I said that it was called the Sentinel World Simulation. I found the article. I made a mistake. It's called the Sentient World Simulation. Words matter. Always. But I still don't think my mistake alters what's going on. We are being steered by an unseen group. And this is why China + Russia + USA are heading towards a cliff. He who controls AI controls humanity. But who controls who?
More soon.
submitted by biggreekgeek to conspiracy [link] [comments]

Maintaining a Savings Rate of 70% and Achieving a Net Worth of $864k - 2020 in Review

Maintaining a Savings Rate of 70% and Achieving a Net Worth of $864k - 2020 in Review
Two years ago, I discovered fiaustralia and the concept of FIRE, and my views on finance were significantly changed. At the end of 2019, I decided to do a summary write-up for the year which I found to be a useful tool for reflection and planning. I have decided to do this again, and so this post will summarise my end financial position for 2020, the results of my attempt to maintain a savings rate of 70%, and outline my ongoing strategy for 2021.

Net Worth Update:
  • I am delighted that I have now reached $864k net worth. Below is a table which summarises my net worth journey over the past 13 years.
https://preview.redd.it/s1uuytd1mn861.png?width=1490&format=png&auto=webp&s=6dc6567546add547edb7f0244a9a4f4814c07ddf
Notes about the table:
  • The net worth calculation is the sum of cash savings, shares, PPOR, mortgage, and superannuation.
  • Base salary is presented as gross values and excludes 9.5% superannuation and overtime. I worked extensive overtime during the first few years of my career whilst living with my parents which explains the very high savings rate during this time.
  • Base salary also excludes a salary packaging arrangement which allows $9,095 of salary to be tax-free (as general living expenses) and a further $2,500 of salary to be tax-free (as meal entertainment expenses).
  • Dividend income is presented as gross values (amount paid out + franking credit).
  • Cash savings were kept in a HISA pre-mortgage, and are now in an offset account with the mortgage.
  • The share portfolio has the respective Dividend Reinvestment Plans (DRPs) switched on for all holdings.
  • PPOR values are approximated using CommBank's property app.
  • The 'L' values in Work History refer to position grades. The higher the 'L' value, the more senior the role.
  • All values are recorded at the close of business on the last business day of the year.

About me:
  • I'm 33, single, and don't have any dependents.
  • I live in Perth, Western Australia.
  • I work in a metro tertiary public hospital in a senior position.
  • I enjoy my work. For me, FIRE is about having the means to go to work purely because I enjoy work, and not because I need an income.
  • Since moving out, I have only lived by myself as I'm not interested in share housing.
  • For recreation, I go to the gym, swim, and read extensively through the local public library and the work library.
  • I regularly meal prep and almost always take my own lunch/snacks to work.
  • I don’t do coffee/alcohol/cigarettes/chocolate/softdrink/etc.

My approach to finance in general:
  • Homeownership has historically been an important goal for me, and so my primary focus has been to own my own home, with a secondary focus of investing in shares to create passive income.
  • I am a strong believer in automation. I like everything to operate automatically without needing me to directly intervene, and so I have set up automatic transfers and payments wherever possible.
  • I currently operate on the model shown in the diagram below. I have always used some variation of this basic model over the past 13 years, with the only major changes being the introduction of the mortgage in 2013, and a fluctuating savings rate over time.
https://preview.redd.it/rbh6m7knmn861.png?width=902&format=png&auto=webp&s=2c5d9b650629686308c427e06d18ea4fa4b22007
  • I have no HECS or any other debt other than the mortgage and credit card.
  • I use my credit card as much as possible to pay for things, and then fully pay it off each month automatically.
  • I churn credit cards to take advantage of point bonuses to exchange for cheap flights for holidays, and for shopping vouchers for groceries. Although there isn’t an opportunity to travel internationally for leisure at the moment, and the airline service offerings/reward programs are likely to change in response to altered travel patterns, I still believe that card churning is likely to continue to be a worthwhile activity.
  • Prior to getting a mortgage, I would also churn HISAs.
  • I review and manually categorise my spending once a week.

My approach to FIRE:
  1. Accumulate cash savings in the mortgage offset account until the balance equates the outstanding mortgage amount (on track for Q1, 2021). I like the fact that this approach yields a guaranteed, tax-free return, and achieves my primary goal of homeownership. I have been happy to let my existing share portfolio remain as-is with the DRPs operational while simultaneously paying the mortgage as the disposal of those shares, while yielding sufficient funds to allow the offset account to immediately achieve parity with the mortgage, would attract significant capital gains tax as they have a low cost base.
  2. Once Point 1 is achieved, redirect all further savings to purchasing ETFs while continuing to let the associated DRPs operate. I will keep the mortgage open so that the mortgage offset account can act as an emergency fund should I need quick access to money.
  3. I don't intend to make additional voluntary contributions to superannuation until the share portfolio is sufficient to pay for my ongoing general living expenses. I expect that my approach to building a sufficient portfolio will be achieved before I reach the preservation age, and I am also wary of legislative risk. Once this goal is reached, I will divert future income into superannuation up to the concessional limit.

Maintaining a Savings Rate of 70%:
At the beginning of 2019, I set myself the challenge of achieving a yearly savings rate of 70%. Ultimately, I managed to achieve a savings rate of 72% by undertaking a detailed line-by-line examination of my budget and expenses and optimising wherever possible. Given this success, and the fact that living on 30% of my income did not materially impact on my happiness or sense of contentment in life, I decided to try and achieve a minimum 70% savings rate again for 2020. You can read about my approach to expense optimisation in more detail in my post from last year (as not much has changed), but to summarise the major components:
  • A significant expansion of my personal cooking repertoire, in conjunction with meal prep and planning my meals a week in advance, by only ‘cooking the specials’ i.e. buying food and making meals out of only what is on special in the supermarket.
  • Buying Woolworths gift cards at 5% discount (RAC) and using them to pay for groceries, thus giving me a discount on my food costs;
  • Exclusive use of public transport for all travel to and from work. Having relinquished my work car parking space in 2019, I qualified for a workplace 18.75% rebate towards my public transport fares which has been a nice subsidy. This has also helped me increase my physical activity which is a good outcome.
  • Haggling for car, home/contents insurance and mortgage rates discounts.
Some minor additional actions taken in 2020:
  • My vacuum cleaner stopped working properly earlier this year. Although the motor ran fine, suction decreased dramatically which indicated some sort of airflow blockage. As the motor was working, I felt it rather wasteful to throw it away, and so a quick Youtube search led me to a rather comprehensive video on fixing common problems with my particular model of vacuum cleaner. Armed with a screwdriver, a pair of scissors and a free afternoon, I disassembled the device and attempted to repair it; to my delight, it worked again! This experience has opened my mind to considering the possibility of repair, rather than immediate replacement, when possessions of mine break. While certainly not wishing for any of my other possessions to break, I will certainly have the mindset to actively consider options for repair as an initial step rather than immediately seeking replacement when this inevitably occurs in the future.
  • I started cutting my own hair. I had always wanted to try this, but never got around to it by virtue of not having any tools to do so. Early in the year, I came across a pair of electric hair clippers being discarded on a verge collection whose blades had been badly bent due to being impacted with a significant force (probably dropped on the ground). With my newfound vision for repair, I got a pair of replacement blades, self-installed them by following a Youtube video, and voila, a fully functional set of clippers! This became incredibly useful during the COVID-19 shutdown, and even though barbers are now open again, I’ve continued cutting my own hair as it’s pretty easy. The first cut I gave myself took about four hours to get right, but now after having had quite a bit of practice I can do it in under 30 minutes.
I continued with my policy of not giving up an annual trip overseas for a holiday (which I managed to squeeze in during January [this had been long-planned and so was incredible timing given the events of the subsequent months]), my gym membership, a fully maintained car or various insurances.
I am thrilled to have made it again with a bit of margin to spare.
Yearly Salary for 2020 (net) $104,593.81
30% of Yearly Salary (net) $31,378.14
Actual Expenditure $30,331.74
My total expenditures for 2020, recorded using a cash account method, were $30,331.74, delivering a savings rate of 71%. A breakdown of raw values per month in 2020 is shown in the image below.
https://preview.redd.it/2rc6nn9rnn861.png?width=1331&format=png&auto=webp&s=d951ed72df598229e5e9039ae85822ff46ccaab5
For completeness, I have included the amount of interest paid on the mortgage as a line separate from the main budget, and it is not included within the expenditure calculation. I do not count either mortgage payments or associated interest charges to be an expense. I consider paying off the mortgage as a form of investment. Account 2 (refer to the cashflow model above) offsets the mortgage and the only withdrawal from that account is the fortnightly minimum mortgage payments. As the fortnightly 70% transfer amount directly increases my equity in the property, I treat this transfer from Account 1 to Account 2 as a savings/investment transfer, and not an expense. This dovetails into the next phase of my strategy where once Account 2 equals the outstanding mortgage, I will switch all further fortnightly 70% transfers into ETFs purchases.
I don't view buying ETFs to be an expense but as an investment, and on this principle, I see paying down the mortgage to be the same. Both investments will generate a benefit to me - dividend income/capital growth from the ETFs, and secure shelter from the property. A suggestion I received after I articulated this viewpoint last year was that fees associated with homeownership (strata/council/water) are like brokerage fees and therefore should also be excluded when calculating my savings rate. While I understand the logic behind this concept, I have been reluctant to take this step as those costs of homeownership are also very much living expenses – I couldn’t live without a water supply or a place to sleep, and so I have retained their classification as expenses from a savings rate calculation perspective. However, I’m open to having my mind changed.

Goal Review
At the end of 2019, I set myself three primary and one secondary financial goal.
My three primary goals were as follows:
No Goal Status
1 Maintain roughly the same expenditure rate as 2019 Met – Savings rate for 2020 was 71%, which compares well with 72% from 2019, on the background of a static income.
2 Maintain the existing trajectory for accumulation of cash savings in the mortgage offset account until the balance equates the outstanding mortgage amount Met – Cash savings in offset account at target level to enable the target of Q1, 2021 to be met.
3 Research and formulate a strategy to implement post Q1, 2021 for further investment Met – Research is advanced and determination of an initial approach is close to finalisation.

My secondary financial goal for 2020 was:
  • Increase my income by either hopping across into a new position or renegotiating the terms of my current position by attempting a position reclassification to reflect the increase in work value being delivered.
The events of 2020 resulted in all new major capital and operational initiatives at my workplace being frozen which in turn has negatively impacted on my ability to achieve this goal. There was no opportunity to undergo a position reclassification or hop across to a new position. The yearly indexation of my base salary has also been limited to $1,000 by virtue of the WA Government’s Wages Policy. Therefore this goal has not been met, and so I will try again in 2021.

Commentary
2020 has been a tumultuous year for all, and it is notable for the heightened level of uncertainty that we have felt in our daily life. The COVID-19 pandemic has exacted a large cost on the global community, with significant impacts to daily life and the economic environment. The rollercoaster trajectory of share markets this year has also made for some uncomfortable moments, particularly during March and April. In responding to the challenging circumstances, I have taken the view that the events of 2020 are not necessarily unexpected in the sense that history is littered with significant events that were difficult to predict and have had a dramatic impact on the global economy. The Iraqi invasion of Kuwait in 1990, the Asian financial crisis in 1997, the US terror attacks in September 2001, the US sub-prime crisis of 2007, the list goes on. In each of these scenarios, there has been eventual recovery over time through the operation of the machinery of global life that is supported by the ongoing development of new technologies, scientific discoveries and human endeavour. I see no difference in the current situation.
This is a chart which will be familiar to many: https://intl.assets.vgdynamic.info/intl/australia/documents/resources/Vanguard_2020_Index_Chart_poster_A1.pdf
I have this chart pinned up on my wall as a reminder to myself to take a long term view of investing, and not to worry about the daily/weekly/monthly market ups and downs. While we will still continue to be impacted by the pandemic for quite some time yet, geo-political tensions are probably going to going to continue to influence international trade patterns, and there remain broader unsolved challenges like climate change, I remain resolutely optimistic about the future. In the face of adversity, I believe the best thing we can do is to keep calm and carry on.
I am fortunate to have been able to maintain uninterrupted employment, income and health throughout the year. This is the second year that I have achieved a savings rate of at least 70%. A few readers of my 2019 summary post messaged me to ask how happy I am, and what sort of thought process I go through when it comes to spending money. Broadly, I view money as a highly flexible tool that may be wielded to deliver many different outcomes and returns. As there isn’t an infinite personal supply of money, it therefore makes sense to use money in the most efficient manner possible to deliver the greatest return. In reviewing expenditure and considering how best to optimise for highest returns, my guiding principle has been one of rational consumption. In my opinion, the best return is personal happiness, opportunity, fulfilment and quality of life. What constitutes a decent quality of life naturally differs from person to person. For me, secure shelter in a good suburb, access to quality and varied food, education, appropriate clothing and on-demand access to comprehensive healthcare and transport form the foundation of quality life. Travel, exercise in the form of going to the gym and swimming, shared experiences, and spending time building and maintaining relationships with my friends and family are also critically important to me too. As such, I have been careful to ensure that the drive to seek efficiency gains does not lead to compromise in these areas.
In January, I had an arguably expensive holiday overseas. I think it is arguable because I visited a high cost of living country, travelled in peak season, stayed in higher-end accommodation, ate at many nice restaurants, and just generally focused on doing whatever appealed to me without huge regard for the price tag. While costly, in the view of rational consumption I think the trip was extremely worthwhile. I visited all the places I had been longing to visit alongside a close friend, ate all the foods which I had been keen to try out, and experienced exceptional hospitality. I had a thoroughly enjoyable experience with many pleasant memories which will stay with me long after I have forgotten how much I spent. In my opinion, that is the definition of good value.
I acknowledge that achieving such a savings rate without experiencing hardship is a function of my high income, secure employment, having a supportive environment and good health. If any of these personal factors were different, then saving 70% would have likely had a detrimental impact to my wellbeing and happiness, and I would have had to reduce the savings rate. I would have gladly done this to maintain my personal happiness.
There is no specific approach to life that can be universally considered better or worse. Our values, histories, capabilities, interests, responsibilities, timeframes and goals all differ, and each attribute does not exist in isolation to each other either. I encourage anyone considering the options for their next financial step to firstly consider and act based on what you want in your life. You only have one finite life, and life is what you make of it. The person who is best placed to look after your own interests is you, and so you owe it to yourself to chase and fulfil your own happiness. This will be different for each person, and so there is no single approach that fits all.

Looking Ahead for 2021
My primary financial goals for 2021 will be similar to 2020.
  1. Maintain roughly the same expenditure, with an ongoing focus on personal happiness.
  2. Maintain the existing trajectory for accumulation of cash savings in the mortgage offset account until the balance equates the outstanding mortgage amount (on track for Q1, 2021).
  3. Continue with my research and formulation of a strategy to implement after the mortgage has been fully offset for further investment in the share market.
  4. Implement the strategy.
My secondary financial goal is unchanged:
  1. Increase my income by either hopping across into a new position or renegotiating the terms of my current position by attempting a position reclassification to reflect the increase in work value being delivered.
This is the second yearly write-up that I have completed. I would be grateful if you could let me know if you found this write-up useful or interesting. Constructive criticism is always appreciated.
I wish you a happy, healthy, prosperous, and financially optimised 2021!
submitted by m_Apothecarius to fiaustralia [link] [comments]

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Granny DoOver and the Beginning of the End

Don’t steal! Bad!
We saw the kids in 2018, and then not again until we were able to take them Christmas shopping in 2019. They were always “too busy” or “just having a chill weekend”. We finally got to see them again when we volunteered to take them back to school shopping in August 2020. I think I’ve written about this before, so I won’t rehash it. We saw how bad things were, and realized that the fastest way to get the kids safe was to bypass the in-laws and go for their dad.
We offered their dad a place to stay, along with the kids, as long as he didn’t bring weapons, drugs, or his sketchy friends to our home.
We decided, with their dad, that they would come stay with us after the extended family Thanksgiving trip, a two-week trial.
We suspected that BIL (the kids’ father) wasn’t being honest with Granny about The Plan. The older kid knew about staying with us for two weeks after Thanksgiving. The younger one had no idea. And neither did Granny. BIL swore he’d told both of them, but we have text messages where he makes it clear that he told Granny something very different. He was always playing both sides.
Granny tries to come collect the younger kid after two days. Kiddo2 wanted to go home. When asked why, Kiddo explained that they didn’t want Granny “to be alone with her husband”.
We called the non-emergency police line. They sent two officers. Since it was dispute between two parties with joint custody, the officers left the decision to Kiddo2, who opted to stay with us.
During this dispute, Granny was hurling all kinds of accusations at us. We were “evil and toxic”. “Not part of the family”. “Tearing the family apart”. All while DH was trying to comfort Kiddo and help them decide what to do. In the end Kiddo stayed for the rest of the two weeks.
I’ll get into the insanity that was BIL during this two weeks in another post, because it’s complicated. At the end, he opts to take Kiddo2 back to Granny’s for no more than 5 days. Then we would file for custody. He thought we would help him get Granny off the custody paperwork. Nope. It would still be joint, but with us instead of her. There is no way a (sic) former drug user with no home, no job and no vehicle would get sole custody of two kids. He wasn’t happy. He also tried to take the older one back too. We repeatedly asked if Kiddo1 needed to go back if they didn’t want to. With a lot of poking holes in his arguments, he eventually agreed that they didn’t. But they did need to stop by for a visit. If they wanted to stay, they could. If not, I could pick them up again.
Kiddo1 was petrified of the visit. They were crying before I even left the driveway after dropping them off. Granny cornered Kiddo and did a First Class Guilt Trip. “I’m sorry I was such a bad mother to you that you needed to leave.” Kiddo was a champ and just didn’t respond. Because, really, what can a child say back to that? Granny offered them lots of candy bars if they would stay. And promised to allow friends over. Kiddo is embarrassed about how gross the house is and doesn’t want friends over anyway. But, sure. Kiddo also has a binge eating issue, specifically candy bars. And Granny knows this. Kiddo eventually started crying from all the pressure Granny was putting on them. After Granny left, BIL came right in. And did the same thing. Kiddo just kept saying that they didn’t feel safe in the house and wanted to leave. They eventually had dinner and I was allowed to pick them up. Kiddo was silent the whole drive back and slept for the next day and half. They were at the home for a little less than 2 hours.
We continue on with our lives, with Kiddo1 and our kids. We start asking BIL about Christmas. He’s trying to demand that Kiddo come spend the night Christmas Eve and then come back. Kiddo doesn’t feel safe doing that. We all agree on Christmas morning. I ask BIL if we are allowed in the house. He says that Granny isn’t happy but won’t kick us out.
We spent a nice Christmas Eve with another grandparent. Kiddo slept most of the day, They tend to shut down as a reaction to stress. Christmas morning, we are on our way and send a text letting Granny’s family know our ETA. They weren’t aware we were all coming. We are not welcome. We were supposed to drop Kiddo off and leave. Nope, Kiddo doesn’t feel safe. We will stay with them.
After a few very awkward hours, we get presents opened. BIL takes Kiddo back into Kiddo’s old room and talks with (at) them for more than an hour. Kiddo later recounted it was mostly him trying to convince them to make us leave, that he wanted to bring Kiddo back to our house. Kiddo noped out and told BIL they wanted to leave with us. BIL had promised he’d be back to our house permanently more than a week before. No call/no show. Kiddo knew from long experience not to trust him to do what he promised.
I helped Kiddo pick a few things from their room and get them out into our vehicle. It was all stuff we had bought so not “stealing”.
We tried to say goodbye but Granny stormed off into her room and refused to come out. Kiddo was about to collapse from stress, so they helped me load their presents and our kids into our vehicle and we waited for DH. And waited. And waited some more.
DH got a double-barrel of angry people screaming at him. BIL and Granny had teamed up to let loose on him. We were gatekeeping (hey, I taught them a new word!) and BIL was “livid”. We left.
Later, during the CPS hearing, FIL was raging that Kiddo didn’t even say goodbye. Well, it’s hard when Granny refuses to come out. We were accused of hovering over Kiddo, even following them to the bathroom. Hard when BIL has them sequestered in a back bedroom for a good chunk of the visit. Also, no. I was parked on the couch with my kids because I didn’t want to be accused of snooping. Also, it’s full of people who hate me and that’s hard.
We got invited to a meeting with BIL, Granny and FIL to discuss everything. We clarified that the purpose would be to discuss what’s best for the kids. Granny confirmed. BIL never responded to the group text, but did respond to DH saying he was angry that Granny agreed to that.
We get a call the morning of, from Good BIL and his wife asking what this meeting was all about. Um…what? Granny decided to include them. This is starting to look like an ambush attempt. We filled them in on the insanity that they had been largely unaware of. When we walked in, we spotted the oldest sibling who lives 4000 miles away and is Queen Flying Monkey. We specifically asked that she not be included because she escalates tension and belittles everyone. Also, she only gets her info from Granny, who only gets her info from BIL who is …not a great communicator even when sober, which isn’t often.
We eventually get called to the table. The meeting is being filmed. Fine, whatever. I’ve got a voice recorder going anyway. Everyone is asked to take a piece of paper and a pencil. BIL stands up and announces that everyone is going to write down the names of everyone in attendance. We’re all going to write down questions and roll an 8-sided die to see who goes next. At this point, DH stops and asks what the point of this discussion is. BIL starts yelling at him about how he’s trying to tell us. He starts screaming about how we’re all interrupting him and if we don’t want to do it his way, we can leave. I messed up a bit and said something about this being a bad baby shower game and how we just want to know what the purpose is, so it doesn’t get sidetracked.
BIL starts legit screaming about how I said his meeting idea was f’ing stupid, he was f’ing stupid, how I kidnapped his child, how I brainwashed his child, blah blah blah. It was loud. It was a bit scary. Granny and her FM daughter just sat there with smug looks on their faces, like this was a totally normal way to behave during a family meeting, like we were getting what we deserved. BIL starts yelling about we need to get the f’ out of his house or he’s going to call the police. We didn’t get up. He stormed out and then stormed back in, like he was expecting the threat of police to have scared us off. Dude, we’re middle-class, middle-aged adults. We’re not afraid of the police coming to a meeting we were invited to.
BIL is spitting mad now. Good BIL got up and stormed off. He almost left. His wife was sitting next to me, looking shocked. Same. Good BIL came back a minute later and tried to calm things down.
DH and I decided that we were leaving. Granny demanded that we drive Kiddo back right now. Nope. They were welcome to go get them, but we would not being delivery drivers. DH and I walked out to our vehicle and got in. We’d seen BIL use a different phone from the one we lent him in October. DH decides he wants the phone back. He walks back inside and calls the number. It rings in the back room where BIL is living. DH grabs it and walks back out. BIL starts screaming about that being a gift. Nope, definitely not. Then he starts screaming about how we need to wipe the phone; he doesn’t want us having his banking info. Lol. He’s homeless and unemployed. I don’t need your $4.67.
On the drive home, I start looking through his text messages. Wooo boy. Paydirt. He’s still in contact with the kids’ mother. Like, constant contact. Like, they are still a couple after 15 years. And using drugs. A lot of drugs. Constantly. And she’s been to my house. He’s still using drugs. And he did it at my house. Holy fuck.
We call Good BIL and talk with him. He stayed long enough to tell Granny and her FMs how insane that all was. They are convinced that the video is evidence of …something? Good BIL points out it’s great evidence for US! What comes out is that Good BIL has agreed to play mediator. He will listen to everyone and decide where the best place for the girls would be. We don’t promise to abide by his decision, but he’s someone everyone respects.
He stops by our house. After a long airing of all the issues over the last few months, he offers to take Kiddo to his house. They’re too scared to go back to Granny’s and Granny won’t let them stay with us. He’s got kids their age, so that’s all fine. She agrees. Good BIL says he’s going to take the next two weeks off work and talk to everyone before deciding.
The next day is Monday. I paid for an app that would export his texts into pdf, so I could search them. 370 pages of texts with the kids’ mom. I also went through the texts with Granny, confirming that she was giving him hundreds of dollars a month and a car. 100% enabling him. Lying to her about planning to move everyone to live with us.
Then I started searching the texts between him and SIL (for brevity). SIL has had a pronounced heroin problem since I met her 15 years ago. She’s lost all of her teeth to meth. Lots of arrests for drugs, prostitution, and traffic issues. BIL is constantly sending her money to buy pills and other stuff. I found a conversation at the end from late December where she arranged for him to buy some drugs from a guy in a city about 90 minutes away from where Granny lives. Complete with all the stereotypes from cop shows. It’s near the creepy pond where we met that guy that time. Call this number and tell them you’re “Jen’s ppl” so they’ll know you’re cool. You may have to wait a bit.
BIL is pissed about having to wait because….drum roll…HIS MOM DROVE HIM! Granny drove him to buy drugs. A 3 hour round trip to buy drugs in a sketchy part of a sketchy city where he’s been up to no good throughout his life. I keep reading. BIL mentions Kiddo2. THEY BROUGHT KIDDO2! Even SIL is a bit shocked. She says something like “you brought my daughter with you?!”
deep breath
We know we have to intervene officially. We have a meeting with a custody lawyer on Wednesday, in two days. We called Good BIL and asked him to come by for dinner. He spent the day interviewing Granny, FIL and BIL. We let him read that last conversation to make sure we weren’t influencing how he interpreted it. He read it the same way we did.
At that point, Good BIL just stopped. He still loves Granny and wants to think the best of her. But he’s been living with Kiddo for a few days and listening to her stories. And seeing how she reacts when someone says something about hitting a kid as a joke, for example. Her fear and stress is palpable. A lot of that is on Granny.
Cutting out a fair bit, we met with a lawyer, who had us call CPS from her office. I talked to the CPS person would took the case and let her know that BIL was using drugs in the house, about the drug buy and that BIL and SIL discussing taking the kids and running twice in their conversations, especially if CPS got involved. And that Granny was a key part of the problem.
On the following Monday, CPS met with Granny and FMs, minus BIL who was kicked out of the house. She told them that the kids were being removed from the home for global issues, not just the drugs. They would be placed with us. Granny asked for a placement meeting to discuss other options. At the meeting on Tuesday, Good BIL made the decision that the kids should be placed together with him. Granny agreed and the petition for custody was signed. BIL didn’t show up and didn’t realize this was the meeting where he would lose his children.
So. We are helping Good BIL get his home ready for additional children with a lot of special issues. He and his wife feel called by God to take these kids in. We felt the same way; we just spell God as “good”, as we are atheists.
I feel conflicted. The kids are safe. I think Good BIL is well-equipped to deal with Teen Things as his kids are teens. Ours are much younger. They are both well-educated and will encourage that for the kiddos. I’m a bit concerned with their bible thumping, but we can work on that.
So, why do I keep breaking down in tears? DH is starting to worry. The best way I’ve found to explain it is, it feels like a miscarriage. We’ve been talking about making them a part of our family since they were babies. We came so close. On Monday, they were being placed with us, no question. On Tuesday, nothing. We prepped our whole house and family to add these kids. We’ve been getting ready for months. For years. We held back a lot because the disappointment would be so painful. But it looked like an absolutely certainty. We were planning, expecting, hoping and preparing. And now, nothing. And we have to help the people who did get them to prepare all over again. I’m happy to help them get settled. I’m glad we’re still being asked to be a part of the kids’ lives. I’m glad I don’t have to have Granny and FMs all over us for the next forever. But I wanted them to be my kids. And we came so close.
Next up: Granny DoOver and Enabling Her Own Destruction
submitted by PlagueratsFTW to JUSTNOMIL [link] [comments]

Flatten the Curve. Part 89. Sentient World Simulation. They Can Use AI to Manipulate Us. MKULTRA and Fort Detrick. Putin and Klaus Schwab met in St. Petersburg November 2019 to Talk About AI.

Previous Post Here
June 7th, 2007

Sentient world: war games on the grandest scale

Perhaps your real life is so rich you don't have time for another. Even so, the US Department of Defense (DOD) may already be creating a copy of you in an alternate reality to see how long you can go without food or water, or how you will respond to televised propaganda.
The DoD may have a copy of you. "May". Uh. Ok. Perfectly fine, old chap. Hopefully my avatar is being well taken care of. Right? Because subjecting him to televised propoganda THE NEW NORMAL • THE GREAT RESET might be unsettling for him, and therefore his real world equivalents. Us.

Keep Calm and Carry On?

The DOD is developing a parallel to Planet Earth, with billions of individual "nodes" to reflect every man, woman, and child this side of the dividing line between reality and AR.

Called the Sentient World Simulation (SWS), it will be a "synthetic mirror of the real world with automated continuous calibration with respect to current real-world information", according to a concept paper for the project. "SWS provides an environment for testing Psychological Operations (PSYOP)," the paper reads, so that military leaders can "develop and test multiple courses of action to anticipate and shape behaviors of adversaries, neutrals, and partners". SWS also replicates financial institutions, utilities, media outlets, and street corner shops. By applying theories of economics and human psychology, its developers believe they can predict how individuals and mobs will respond to various stressors.
OK. Let's get this straight and lay all the cards onto the table. The DoD has a simulation that they use to test Psy Ops and how they affect the populations. The NSA is military. The NSA has been data collecting for years. The CIA are working with the corporate military media establishment. And we have reports about media manipulation through social media. And people just accept this crap because, derp, they would never do that to their own citizens. Ok. I guess the psy op is working. Thanks for proving my point. Sigh.

Privacy is a Threat to Democracy

Chaturvedi is now pitching SWS to DARPA and discussing it with officials at the US Department of Homeland Security, where he said the idea has been well received, despite the thorny privacy issues for US citizens.

Privacy issues? Issues? Come on. These aren't issues. Privacy is a core freedom upon which our entire civilization rests. Why? Because privacy is dangerous, that's why. To whom? Those in power. Because if they don't know what we're thinking, they can't prepare for it. Case in point, the sources that led to the security situation at Capitol Hill. Something serious is happening, I would lay money on it. But they couldn't have just increased security without a reason, could they have? Nope. So the riots have them a reason. Because if they didn't have a reason a lot of people may have started wondering where this information was coming from. Me? I believe it came from simulations. As always, time will tell.

In fact, Homeland Security and the Defense Department are already using SEAS to simulate crises on the US mainland.

The Joint Innovation and Experimentation Directorate of the US Joint Forces Command (JFCOM-J9) in April began working with Homeland Security and multinational forces over "Noble Resolve 07", a homeland defense experiment.
Nah. They aren't using simulations over here. Not at all. So. Stop. Worrying. Theh only want what's best for us.

Feeding a whole-Earth simulation will be a colossal challenge.Alok Chaturvedi wants SWS to match every person on the planet, one-to-oneOne organisation has achieved a one-to-one level of granularity for its simulations, according to Chaturvedi: the US Army, which is using SEAS to identify potential recruits.

Chaturvedi insists his goal for SWS is to have a depersonalised likeness for each individual, rather than an immediately identifiable duplicate. If your town census records your birthdate, job title, and whether you own a dog, SWS will generate what Chaturvedi calls a "like someone" with the same stats, but not the same name. SEAS bases its AI "thinking" on the theories of cognitive psychologists and the work of Princeton University professor Daniel Kahneman, one of the fathers of behavioural economics.
Don't you love how the writer put quotation marks around AI thinking. There are no quotation marks about this. Not at all. AI is thinking. It's about time we start actually thinking about what AI thinking actually means.

Chaturvedi, as do many AR developers, also cites the work of positive psychology guru Martin Seligman (known, too, for his concept of "learned hopelessness") as an influence on SEAS human behaviour models. The Simulex website says, if a bit vaguely, SEAS similarly incorporates predictive models based upon production, marketing, finance and other fields.

The psychology guru behind the concept of learned hopelessness. Two Weeks to Flatten the Curve. Ahem. Ok. So the SEAS human behaviour models can explore the way our avatars will react to psychological operations. And we have a pandemic happening. So is there any kind of biological warfare programs associated with psychological warfare?

The Secret History of Fort Detrick, the CIA’s Base for Mind Control Experiments

Today, it’s a cutting-edge lab. In the 1950s and 1960s, it was the center of the U.S. government’s darkest experiments. Source Here

So how many times do they have to tell us about taking the opportunity of the crisis of Covid-19 to implement the, GREAT RESET. Is it a stretch to suggest all the stops are being pulled out for this moment? Cause I don't think it is. And if this is true, crap is about to get a whole lot worse in the next couple of months. Remember the Brazil variant strain that was written about at the start of the pandemic? Reddit Source Here

Brazil’s New COVID Strain Raises Big — and Scary — Questions

Source Here
Isn't that just freaking peachy. Really. Come on. A post written more than a year ago and now we see headlines about it? Not buying it. Nope. Not at all. Because all of this crap is starting to stink worse than rotten eggs.
And do you know who is strangely silent all of a sudden? Mr Klaus Schwab. Why? Shouldn't Mr Fourth Industrial Revolution still be foaming at the mouth while the "elected" officials scramble to speak at his forum? Because something is definitely off about all of this. Seriously off. He wouldn't shut up, world leaders suddenly started following suit, and then, nothing? Really?
So my question is, did the simulation get it wrong? Did it tell them there was a small window to take advantage that could possibly work? They rolled the dice and crapped out? And now they have to up the game to institute more learned hopelessness?
Learned hopelessness. AI manipulating human behaviour and shaping society? It all sounds like something put of a dark mirror episode doesn't it? But we would know if we're being manipulated, wouldn't we?

AI can now learn to manipulate human behaviour

The first experiment involved participants clicking on red or blue coloured boxes to win a fake currency, with the AI learning the participant’s choice patterns and guiding them towards a specific choice. The AI was successful about 70% of the time. In the second experiment, participants were required to watch a screen and press a button when they are shown a particular symbol (such as an orange triangle) and not press it when they are shown another (say a blue circle). Here, the AI set out to arrange the sequence of symbols so the participants made more mistakes, and achieved an increase of almost 25%. The third experiment consisted of several rounds in which a participant would pretend to be an investor giving money to a trustee (the AI). The AI would then return an amount of money to the participant, who would then decide how much to invest in the next round. This game was played in two different modes: in one the AI was out to maximise how much money it ended up with, and in the other the AI aimed for a fair distribution of money between itself and the human investor. The AI was highly successful in each mode. In each experiment, the machine learned from participants’ responses and identified and targeted vulnerabilities in people’s decision-making. The end result was the machine learned to steer participants towards particular actions. Source Here
There is nothing normal about our New Normal Great Reset. Nothing at all. It looks like an AI is a big part of all this. A really big part. Remember when Putin said that he who controls AI will control the planet? Extremely ominous and strange. And do you know what's even more ominous and stranger?
This:

Meeting with World Economic Forum Executive Chairman Klaus Martin Schwab

During his visit to St Petersburg, Vladimir Putin met with Executive Chairman of the World Economic Forum Klaus Martin Schwab.
November 27, 2019
Read the article. Source Here
Now you tell me that isn't the strangest thing that you have ever read. Why is an ex university professor meeting with Putin in Russia? And why does the Schwab sound like he's talking to an equal, or even worse, sound like he's talking to someone lower on the totem pole?
And the strangest part is the last two paragraphs:

Some people call me the father of the fourth industrial revolution. I wrote a book about it and would like to give it to you.

The father of the fourth industrial revolution? Ok. Someone thinks pretty highly of himself. Excuse me Mr Slchob, but I'm pretty sure Philip K. Dick was writing this crap before you learned to wipe your butt. And secondly, who the heck are you? Really.

I also heard, including from Minister Oreshkin, that Russia has managed to make significant advancements, especially in striving to develop artificial intelligence. We are asking ourselves how to cope with these challenges including via global cooperation. We think that specific problems will arise in building global cooperation in the area of new technologies. We will need new global standards, new ethical norms, including in AI technology development. This is the reason why we set up a network of centres where we analyse technologies of the fourth industrial revolution.

Come on! I heard from a minister that you've made significant advances in AI? And now I'm going to talk to you as if I'm running the planet? And all of this just happened before a world shifting pandemic and then the Great Reset goes into overdrive? Not. Buying. It. And before I wrap this up, go loom at the pictures. Doesn't Putin look like he's ready to attack? Trust me, that isn't good. Because if history has taught us anything, you don't want to try and dictate to Russia. They wrote the book on dictatorships. Seriously. They've only experienced "democracy" for, oh, about two years in total. If that. And remember Mr Schlob, the last time a German started dictating to Russia didn't end so well. Just saying.
Ok. That's all she wrote today. More coming on why we should be worried about where all of this is leading us.
Talk soon.
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best apps for influencers to make money 2019 video

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If you want 2019 to be the year you finally make some headway with your finances, YouTube is one of the best resources available.. A variety of money and business entrepreneurs take to YouTube to Learning about the best gig economy apps of 2019 is a way to free yourself from the monotony of working full-time in an environment that is less than thriving or inspiring. With the right gig economy app , generate a passive or full-time income as you hone in on your prospective audience and jobs that are currently available near you. 7 Best Influencer Sites – Making money as an influencer I get asked a lot about working as influencer/blogger and how I make an income being an instagrammer . I started working as an influencer on Vine, Instagram, and Snapchat in early 2013 and from there I’ve grown my audience and have moved to blogging and YouTube. Best Passive Income Ideas for 2021. How To Make Money Fast. 14 Best Survey Sites To Make Money. 31 Best Side Hustle Ideas to Make an Extra $2,000/month Let's stop the grind, together. Get free access to Grant's best tips along with exclusive videos, never-released podcast episodes, wealth-building how-to's, time-saving calculators, mind-blowing 2. Best investment app for minimizing fees: Robinhood For investors who want to do it themselves and pay as few fees as possible, Robinhood is one of the best investment apps. A brand looking to work with influencers for their campaigns can use an influencer marketing platform to find the most appropriate influencers and work with them at scale. From nano to micro to macro-influencers, influencer marketing platforms allow brands to quickly and easily identify and work with tens or even hundreds of influencers seamlessly. You can even make money (though only as a gift card for either Sephora or Amazon) for referring brands or new Influencers! Join here! 2. AspireIQ This is a new platform I am using and it has been amazing! Amazing brands to work with - if you are an Instagram Influencer as well as if you are a YouTube content creator. How To Make Money Fast Best Money Making Apps Best Survey Sites Make $100 Fast In A Day. and are usually embraced by bloggers and social media influencers with a large readership and follower counts. 101 Awesome Affiliate Programs To Make Money In 2019 […] Reply. In This Article. Popular Reads What's Trending. Apps to Make Money Selling Stuff. Clean out your closet or become a wholesale reseller. Many folks earn quick extra cash selling part-time on Ebay and Amazon. Listed below are competing apps that are very popular to make quick cash. Let’s discover the best apps for side hustle opportunities selling stuff online besides Ebay and Amazon. These apps are a mix of platforms, ways to find influencers, ways to track your social media. Tools to enhance social media posts, and ways to automate your social media accounts. Note. Many of these apps are also available for Android devices.

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5 BEST Apps To Make Money From Your Phone (2020) - YouTube

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best apps for influencers to make money 2019

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