₦airaland Forum

Welcome, Guest: Register • Login • With Google • Trending • Recent • New

Stats: 3,344,655 members, 8,513,004 topics. Date: Wednesday, 04 November 2026 at 10:53 AM

Toggle theme

Budaatum's Posts

Nairaland Forum › Budaatum's Profile › Budaatum's Posts

1 2 3 4 5 6 7 8 ... 207 208 209 210 211 212 213 214 215 (of 1626 pages)

Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 2:15pm On May 03, 2025
raumdeuter:
As an adult you are free to choose whatever you want to be, The society is just not obliged to agree with you.

Lebron James can claim tomorrow that he is Jill Biden. He has the full right, but the right stops when he wants the society to address him and give him the rights of a first lady like moving into the whitehouse with her husband.
I must agree impersonation should not be allowed, except, things get complicated in the land of the free and the home of the brave and in UK it would seem. And that's why I'm glad UK Supreme finally defined woman as an adult female for those who are confused.

Man can cut off his diq and grow boobs and be she her all he wants, but man prison and hospital please, and not in female sports.
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 1:59pm On May 03, 2025
raumdeuter:
You think its a stupid tasteless JOKE which implies you still acknowledged it as a JOKE

I will borrow some quotes from you "I don’t have control over what you do with your sense of humor, You’re free to find it UN-funny. I’m free to think it’s hilarious ." I think its completely hilarious and rolling on the floor laughing but you think its not. That is how every human action is viewed, some positively some negatively.

God Bless America the land of the free, where we are free to choose what is funny and what isn't
Funny when extended to choosing if one is a boy or a girl, don't you think?
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 1:57pm On May 03, 2025
nateevs:
Don't mind the trolls. I am willing to bet that at the end of day, over 95% of companies will pass that tariff on for the simple reason that there is no clear, long-term policy in the actual numbers...... Why should most companies publicly announce an absorption of tariff policy, when the tariff could change tomorrow?
Unlike GM that has been gouging, most companies likely will pass on tariffs, but I'll wait for evidence.

GM cannot pass on the tariffs to consumers because automakers are having to discount their models and throw incentives at the market to sell their vehicles so that they can keep their production lines going. After the massive price hikes during the pandemic, there is no more room left to hike prices. Consumers have had it.

But profit margins in the auto industry have been huge following those massive price hikes, and the companies can eat those tariffs, show up with lower profits, and still be fine.

The stated dual purpose of tariffs is to first change the math for manufacturing in the US, and second, to increase tax revenues. Tariffs were the original tax revenues in the US, predating income taxes.

https://wolfstreet.com/2025/05/02/tariffs-start-washing-into-the-government-checking-account/
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 1:29pm On May 03, 2025
basilico:
Me now thinks Trump should dropall the tariffs and allow duty free imports
If a company finds it cheaper to manufacture abroad , it should be encouraged so that the citizens can buy the same quality at cheaper prices than if it's made in USA.
That means those companies make more profits which increases the IRS revenue. Win win. More revenue and cheaper high quality products.
Wisdom will kill me
Now you think? Are tariffs no good no more?

Post a conspiracy claiming Apple hides its money in Ireland so the IRS can't get at it, please.
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 1:24pm On May 03, 2025
cococandy:
Yea Raum said it’s a joke. We’re too sensitive for seeing how tasteless it is. I’m a catholic by birth so obviously I recognize right away how disrespectful it is.

He thinks if people act so sensitive they deserve to be mocked for it. But more of the religious folks are on their side of the political divide so who exactly do they think they’re mocking by doing this? It can’t be Democrats obviously.

It’s like a humiliation ritual he’s putting his catholic followers through.

Imagine a democrat doing this and the “war on Christianity” propaganda messaging republicans would’ve been doing by now. They’re such tireless hypocrites.
He already said he was the messiah, so I'm waiting for claims he is God. And if Catholics or anyone don't like it they can dislike it with their vote.

Hubris Comes From Ancient Greece

In classical Greek tragedy, hubris was often a fatal shortcoming that brought about the fall of the tragic hero. Typically, overconfidence led the hero to attempt to overstep the boundaries of human limitations and assume a godlike status, and the gods inevitably humbled the offender with a sharp reminder of their mortality. English picked up both the concept of hubris and the term for that particular brand of cockiness from the ancient Greeks, who considered hubris a dangerous character flaw capable of provoking the wrath of the gods.
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 1:10pm On May 03, 2025
raumdeuter:
GM is one of those who have shared their strategy with us. Other companies have not.
The below is not to debunk your claim. I present it as an anecdote.

Microsoft has announced a global price increase for its Xbox Series X console, citing rising production costs and economic pressures. In the UK, the 1TB Xbox Series X now retails at £499.99, up £20 from its previous price. The more premium 2TB Galaxy Black edition has seen a £40 increase, bringing its price to £589.99.

Xbox Series X and S Price Now UK and US
The Xbox Series S has also experienced a price hike, with the 512GB model now priced at £299.99, a £50 increase. These adjustments are part of a broader global trend, with similar increases observed in Europe, the US, and Australia. In the US, for instance, the Series X has risen by $100 to $599.99. https://www.nationalworld.com/culture/gaming/xbox-series-x-price-increase-cost-5110411
Lets keep eyes out so we can update. It would be nice to see companies debunk Smith and be benevolent for once, though I wouldn't believe they are if I were employed by them.

I'll reask about the tax if stars align more.

Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 12:37pm On May 03, 2025
raumdeuter:
or companies like GM absorbing the tariffs
Are most companies absorbing tariffs like GM or passing it on to consumers?

And if companies are passing it on, isn't it a tax on consumers?
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 12:28pm On May 03, 2025
GloriousGbola:
a trolls life has no meaning if it is not fed

that things sole purpose is to get a rise out of posters
Stupid idiots getting a rise out of one shows how weak one is, which is why I'd advise not feeding trolls (too much of) one's time by use of the very powerful ignore button.

Politics › Re: Nigeria Immigration Should Include Tribe In Our Passports by budaatum: 12:00pm On May 02, 2025
helinues:
The way some people have been given Nigeria bad name anywhere they go is really alarming.

The foreigners treated Nigerians as same as they couldn't differentiate the tribe always responsible for criminal activities in foreign land.

With the introduction of tribe in the passport, innocent people won't be lumped along those who are not ashamed of commiting crime anywhere they go
Problem is, many in Nigeria will see this as an excuse to discriminate against tribes. And the truth is, crime and giving Nigeria a bad name, is not limited to any one tribe.

If a Nigerian commits a crime in UK, they are more likely to be of my own Yoruba tribe just by the mere fact there's more Yorubas in UK than any other Nigerian tribe. Yorubas in UK are also more likely to be in highly regarded positions in UK for the same reason.
Politics › Re: Nigeria Immigration Should Include Tribe In Our Passports by budaatum: 11:55am On May 02, 2025
Usefulsense:
I think a better approach will be to allow those who hate Nigeria and who has been giving Nigeria bad names to have their own country.
So long as they move themselves off current Nigerian land and go form their country elsewhere, I do agree.

They might find very cheap land to purchase in the Sahara desert.
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 2:07am On May 02, 2025
basilico:
They were telling us Joe Biden was as fit as a fiddle when that article was updated
Be more creative next time.
Dump is president now. Has he not updated it because he's incompetent?
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 6:56pm On May 01, 2025
basilico:
Straight to my vault.
Ivermectin as part of oncology treatment. Peer reviewed journal.
I wonder when dump will take charge of the United States Food and Drug Administration and write his own recommendations.

https://www.fda.gov/consumers/consumer-updates/ivermectin-and-covid-19

Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 4:44pm On Apr 30, 2025
feedthenation:
---Felon 47's post---FLOTUS--- cheesy cheesy
Loved that he's nicknamed himself grin grin
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 12:08pm On Apr 30, 2025
cococandy:
And be nice is the predator’s code word for “play ball and you’ll be fine”.
He’s used to saying that people when he wants to manipulate them into doing what he wants
Basically, he was shamelessly threatening the journalist who refused to play ball.
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 10:51am On Apr 29, 2025
nateevs:
A bargain? This is a misinterpretation of how bonds work sir. You have completely missed out the fundamentals of risk and default.

In June 2025, the US has to refinance about $8Trn worth of Treasuries. Those bills were issued in about 2015 with a coupon date of about 2.1% if i am right. Then it would cost the Treasury $170bn a year.

At the current 4.25% yield rate, it will cost $340bn to finance the same debt.

So if the UK were to dump $700bn of US bonds and yields went up to say, I don't know.... your median figure of 8% now; this means the US has to refinance same debt in June 2025, at a stagerring coupon rate of $650bn per year!!!!

To put things in perspective, this is more than the annual budget of the Navy, Army, Airforce and Marines combined. This will means that effectively, the US is bankrupt.

The secondary effects of crash of the US dollar, the Fed having to raise interest rates to 8% will make sure that GDP goes to sleep forever.

And this is why Nobody, I mean Nobody, will touch it.
First, UK nor hardly any country would dump their US bonds, and if they do, buyers would be found on the open market at a price that would make the yield seem good. Just think. If UK dumps at say 70% of face value, the yield earned would seem more. There's even scalpers who'd be glad to buy it just as they bought Argentina's debt for cents on the dollar when they went bankrupt. 2.1% on a coupon bought for 20 cents is like 100% interest a month.

If USA can't pay the interest on its loans and your default scenario were to occur, USA would just need to pay higher interest to sell bonds to finance their budget, and there's always buyers at a price (of say 20-30% or above, I exaggerate). The consequences would of course bankrupt America and Americans, who would be caught in the crossfire of high interest payments and currency devaluation and deflation, not just in food and services as is current, but in assets (bonds, stock, property etc), too. But that's the price of owing debt you can't pay.


Higher yields create demand.

Yields of US Treasury securities have remained relatively high compared to the securities of other countries. The 10-year Treasury yield is currently at 4.28%, compared to the German 10-year yield of 2.51%, the Japanese 10-year yield of 1.20%, or the Canadian 10-year yield of 3.08%. One of the exceptions is the UK 10-year yield, at 4.61%.

These higher yields for Treasury securities make them very attractive to foreign buyers. We saw that this buying continued at the 10-year and 30-year Treasury auctions last week, and at the 20-year Treasury auction today: There was blistering demand from “indirect bidders,” a category that includes foreign bidders.
https://wolfstreet.com/2025/04/16/foreign-investors-massively-bought-us-treasury-securities-in-february-china-japan-canada-euro-area-uk-financial-centers-taiwan-india-even-brazil/
Christianity Etc › Re: What Is Wisdom? by budaatum(op): 10:03pm On Apr 28, 2025
Doctordan:
The fear of God is the beginning of wisdom
How is the fear of God the beginning of wisdom?
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum:
IjeBos:
Ummm.. yeah, hmm... won't say anything.
I too ummmed and yeahed and hmmed.

Blocking someone seems to just mean you wouldn't be able to see and read what is posted, and doesn't exactly stop it being posted. And while I ignore stupid idiots, I wouldn't not want to know what lies they are likely spreading.

Not for me, I delight.
Nairaland General › Re: You Can Now Block People On Nairaland (for A Time) by budaatum: 12:59pm On Apr 28, 2025
ednut1:
Perfect example to use was helineus hahahha
That's not fair. Seun has made him famous!
Nairaland General › Re: You Can Now Block People On Nairaland (for A Time) by budaatum: 12:57pm On Apr 28, 2025
Seun:
Dear Nairalanders,

We have just activated a feature that allows you to block people who harass you for a period of time (currently a week).

When you block someone, you will be automatically blocked back by that person, so you won't be able to see each others' posts.

When the fixed period is over, you will both be released automatically, giving you another chance to treat each other better.

The admin, super-moderators, and moderators cannot block people or be blocked.

To block someone, visit the person's profile and click on the [ Block ] button shown below:

Enjoy your new power. But remember that you're also blocking yourself. wink
Why for a week? Can we set block time ourselves, or unblock when we want?

budaatum:
Where is this block button?

Oh golly, I found the block button! It completely blocks so you see no posts by blocked person unless quoted by others.

Unfortunately, I tested it on AmazonTopaz, as I planned to ask if she's informed I blocked her. And now she's blocked so I can't read any posts by AmazonTopaz unless quoted by others. And its currently permanent as there is no option yet to unblock AmazonTopaz.

Seun! Temporary blocks please so I can unblock AmazonTopaz!
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum:
AmazonTopaz:
I am here to announce that I just came on Nairaland today and saw that there is a block button. I have proceeded to block. Basil idiot let me look for the other two idiots and block them. Even if it's only temporary I will keep exercising my new found powers.

God bless Nairaland. grin grin
Where is this block button?

Oh golly, I found the block button! It completely blocks so you see no posts by blocked person unless quoted by others.

Unfortunately, I tested it on AmazonTopaz, as I planned to ask if she's informed I blocked her. And now she's blocked so I can't read any posts by AmazonTopaz unless quoted by others. And its currently permanent as there is no option yet to unblock AmazonTopaz.

Seun! Temporary blocks please so I can unblock AmazonTopaz!
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 12:32pm On Apr 28, 2025
basilico:
Well put. I'll respond later.
It is in the interest of globalists that the US govt debts keep growing for the next decade or so for their own benefit not mine
Yes it is in the interest of globalists, who watch in glee as that debt rises and guarantees a future payout.

They will reap their benefit when USA can no more afford the interest on the debt (not to talk of the principal), and the currency devalues and the interest rockets moonwise a la Argentina.

Think what China might have planned the last 25 years and you might see spending more than earned is not sustainable.

Beijing is going on a spending spree that will encourage Chinese people to crack open their wallets.

Simply put, they are not spending enough.
https://www.bbc.com/news/articles/cx2gk8j06r0o
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 12:09pm On Apr 28, 2025
Nateevs2:
Now you are engaging facts. I don't mind people being on the other side of the debate, as long as you engage facts. Good question, who will buy $800bn worth of bonds if the UK dumps it? Nobody!!! And this is why I said in my response "for argument sake"
Your "nobody" is incorrect. The yield will simply rise to a point where bonds become a bargain and buyers will rush in for the dips.

Imagine the current ~4% becoming 8, 12, 15%, and think what inflation would do.
Foreign Affairs › Re: American Politics Thread: 2026 Midterm Elections Live! by budaatum: 12:03pm On Apr 28, 2025
basilico:
Why would UK dump the debt, was my question. It doesn't have good returns or to punish Trump?
If it's about bad returns who will buy a massive $800B of debt knowing the dollar will crash any time.
In other words ,you hold America debt. You are stuck with it, you not selling it to noone.
The UK earns around 4.42% yield from the 10 year US Treasury Bonds . That works out to $36B annually.
The UK will just dump this golden goose to spite Trump.
No basilico, they will definitely not just dump this golden goose to spite dump, especially if it seems likely the yield on those eggs might rise.

The below is not gospel, and is posted for consideration only. #tbngpco


https://www.youtube.com/watch?v=KTAHyCaxuYo?si=ii4FC57adrBpjNYj
Crime › Re: A Warning To Yahoo Boys, Drugs Peddlers & Those Who Flaunt Illegal Money Online by budaatum: 10:29am On Apr 28, 2025
Meedon:
Yes
What version Bible?
Crime › Re: A Warning To Yahoo Boys, Drugs Peddlers & Those Who Flaunt Illegal Money Online by budaatum: 4:08pm On Apr 27, 2025
Meedon:
I'm His messenger, sent to bring the good news to men and women alike.
I can do with some good news.

Bring me some lets see. Though, I wonder why a messenger would be sent to me.
Christianity Etc › Re: What Is Wisdom? by budaatum(op): 4:05pm On Apr 27, 2025
Freeze007:
How are you, been away since 2023,lost my phone, was only able to get a new one this February 19...Sure you are doing fantastically well,by the way, I am searching for a job if you have any useful connection I would be glad to follow....Happy New Year!!!!
Happy three quarters in. Glad you're back.

What type job looking?
Crime › Re: A Warning To Yahoo Boys, Drugs Peddlers & Those Who Flaunt Illegal Money Online by budaatum: 2:16pm On Apr 27, 2025
Meedon:
I'm His messenger, sent to bring the good news to men and women alike.
What good news?

Are you giving Bibles to men and women?
Crime › Re: A Warning To Yahoo Boys, Drugs Peddlers & Those Who Flaunt Illegal Money Online by budaatum: 11:18am On Apr 27, 2025
Meedon:
I don't have ticket to sell.
Are you Christ's agent?
Crime › Re: A Warning To Yahoo Boys, Drugs Peddlers & Those Who Flaunt Illegal Money Online by budaatum: 6:21am On Apr 27, 2025
Meedon:
Do you want to give your life to Christ?
Why do you ask? Have you got tickets to sell?

1 2 3 4 5 6 7 8 ... 207 208 209 210 211 212 213 214 215 (of 1626 pages)