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oldtimer

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oldtimer last won the day on January 8

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  1. All pizza in America is an American concoction, someone's impression of someone else's food. You could say the same about all Italian food in America, or all Chinese food, etc., and it would be true. Americanizing is what we Americans do.
  2. I disagree. Debasement is debasement, whether centralized or not. Bit coin is "mined" which does not imply a fixed supply. Monetary ideas have formed over centuries of experience. What happened to some of Europe's economies when they became flooded with new gold and silver from the "new" world? What happened in Rome by the same mechanism? I have seen nothing to indicate a fixed supply of any commodity throughout history. A price is determined by supply and demand, not by theory.
  3. How so? If inflation is a monetary phenomenon, how does any other monetary store of value become insulating? Why wouldn't bitcoin users demand a higher and higher price for the same product as supply rises? I am going on the nobel prize winning Milton Friedman and his monetary theory for the question.
  4. Gold is a commodity. What is bitcoin? I don't really know, but I have read that it is "mined" using lots and lots of computing power. Mined from what? Computers on the web, I think. Schu has promised to explain it to us. The price of anything is related to supply and demand. Apparently demand is greater than supply so far. Mined from what? Who are the miners? Most supercomputing power is in the hands of institutions (correct me if I am wrong) so don't kid yourself if you think this leads to some kind of monetary "freedom." Now let's say you are a successful miner. How do you turn this success into reality? Only by others accepting and using the "currency," either by passing it along to others who also use it as a medium of exchange, or by converting it into another store of value/medium of exchange.
  5. Our LG is the same, maybe without the noises. However the linear compressor went out after a year or two. Luckily it was replaced at no cost by the geek squad. When it works it works well. Our other fridge is a more basic whirlpool gold top freezer older model, and has never had a problem, but does make noises. I like the whirlpool better for its simplicity (one ice maker not two). It seems the in door ice maker on the LG is always freezing jamming up. Simple is best, that's why I like the good old manual transmissions in cars. And turntables. And reliable solid state. And wooden hockey sticks, and baseball bats, and single load shot guns, and so on.
  6. The problem is quite clearly a failure to winterize power generating facilities to the degree necessary for extreme cold snaps, which do occur with enough regularity to merit it. The problem is not the source of energy. Natural gas facilities have been hit hard. The for profit aspect of most providers is part of the problem, as a simple matter of accountability. Our town has a municipal electric, accountable to the citizens. The record here is far above what others around us suffer. We are helping the rest of the state per the ERCOT regulations of the grid. ERCOT is great at mandating this, while totally failing to procure the authority to mandate winterization of power plants. As an aside, the average temperatures for January and February in north central Texas are far above Denmarks. Averages do not always tell the whole story. Furthermore, our town gets way more power from wind than the average in the state, but has enough mix of sources to provide what is necessary. It is all about planning, preparation, implementation, and accountability.
  7. oldtimer

    Big Cold

    Longer than that for me. I've seen some things like it but it's different each time.
  8. I don't get it. Do you know what the plaque would, should say?
  9. Hawaii is easier. Temps always the same, adjust for wind direction and velocity.
  10. There should be a plaque. Where is the plaque?
  11. oldtimer

    Big Cold

    In the real south we have a word for it---y'all.
  12. oldtimer

    Ozone Theatre

    It costs a buck 'o' five... (name that movie)
  13. Once upon a time you dressed so fine Threw the bums a dime in your prime, didn't you? People call, say, "Beware doll you're bound to fall" You thought they were all kiddin' you You used to laugh about everybody that was hangin' out Now you don't talk so loud Now you don't seem so proud About having to be scrounging your next meal How does it feel? How does it feel? To be without a home Like a complete unknown Like a rolling stone You've gone to the finest school, all right Miss Lonely But you know you only used to get juiced in it Nobody's ever taught you how to live out on the street And now you're gonna have to get used to it You said you'd never compromise with the mystery tramp But now you realize, he's not selling any alibis As you stare into the vacuum of his eyes And say, "Do you want to make a deal?" How does it feel? How does it feel? To be on your own With no direction home A complete unknown Like a rolling stone You never turned around to see the frowns On the jugglers and the clowns when they all did tricks for you Never understood that it ain't no good You shouldn't let other people get your kicks for you You used to ride on the chrome horse with your diplomat Who carried on his shoulder a Siamese cat Ain't it hard when you discover that he really wasn't where it's at? After he took from you everything he could steal How does it feel? How does it feel? To be on your own With no direction home Like a complete unknown Like a rolling stone Princess on the steeple and all the pretty people They're all drinkin', thinkin' that they got it made Exchanging all precious gifts But you better take your diamond ring, you better pawn it babe You used to be so amused at Napoleon in rags And the language that he used, go to him now he calls you You can't refuse, when you got nothing, you got nothing to lose You're invisible now, you got no secrets to conceal How does it feel? How does it feel? To be on your own With no direction home Like a complete unknown Like a rolling stone
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