₦airaland Forum

elated177:
I know what love means, Budaatum.
Do you, Budaatum?

Ah, the collapse of the bankruptcies.
With free money, forbearance, and eviction bans, consumers were let off the hook in a historic manner, as the above charts have shown. As a result, the number of consumers bankruptcies in Q4 dropped to the lowest on record of 93,800.
https://wolfstreet.com/2022/02/09/it-only-took-11-trillion-in-free-money-plus-forbearance-eviction-bans-to-perform-this-miracle-on-delinquencies-foreclosures-third-party-collections-and-bankruptcies/

The US trade deficit in goods and services in 2021 exploded by 27% from the then-record-worst deficit in 2020, to $859 billion, according to data by the Commerce Department. This is the result of 30 years of rampant and government-policy-encouraged globalization by Corporate America, from Walmart, Amazon, and the vast auto industry to the pharmaceutical industry.
https://wolfstreet.com/2022/02/08/us-trade-deficit-explodes-the-price-of-30-years-of-rampant-globalization/

ono:
America never had it so bad guys! Oil price going from less than $30 to over $90 in less than a year under senile old Joe!

You can argue this is good news for Naija, but guys, this is insane for ordinary peace loving Americans!

May God help us all.

backbencher:
The solution is to remove subsidy, allow marketers to control the price, then in return for 'high prices' we get regular supply of quality and clean petrol...and more refineries,more jobs, more investment.

But no, we want cheap fuel.

Well, this is what we paid for....dirty and occasionally adulterated fuel...because we want it cheap. Not standard.

budaatum:
Electrical Tomatoes

The emboldened is about the only bit of this that got my attention but I notice it caught no one else's.

"Price controls"! It means a product is kept at a price set by government, and in Nigeria, we know it's kept low and very likely beneath the cost at which it can be sold at a profit. Like petrol really. But we can at least claim a reason for petrol with our crude oil and our ineptitude at running refineries. Electric though!?

Imagine it were tomatoes. You invest in land and fertiliser and labour and grow them, and when you get them to the market and government sets the price. I'm absolutely certain if that price is higher than the cost at which you grow your tomatoes, you wouldn't mind much. You'd likely be delighted if it's high enough for you to make a tidy profit. And if you're fortunate and the price set is so high, you'd likely invest in more land and more fertilizer and more labour and grow even more tomatoes. But this is Naija, where the price set by government is more likely to be way below your costs so that after you sell your tomatoes, you would have lost money.

Now think, you lost money on your tomatoes. Are you going to plant tomatoes next season? If you're into the charity business or you're stupid, you just might. But if you're not and have rent and school fees for your kids to pay and you want to eat and pay the interest on a loan I very much doubt you'd be stupid enough to throw your money away growing unprofitable tomatoes!

Well, that's the case with electricity in Nigeria I'm afraid. You generate it, transport it along unreliable transmission wires, lose a large chunk of it to illegal use and theft and what you do get paid for does not cover the cost of producing it. Now tell, would you plant electricity next season? I very much doubt it unless you're into the charity business or you're stupid of course, but somehow I just can't imagine you'd be either.

So, what's the solution you might wonder. Increase the price of electricity of course. But come on people, increase the price of electricity so electricity planters can earn more money and plant more and sell more? Surely you must be cursing me by now, or haven't you noticed you'd have to pay more for my electric if you want it?

Ok, perhaps you're all nice civilised folks and don't want to curse me so let's try a different way of looking at this. Imagine Buhari removes the price control so I can sell my electricity at a market determined price like I currently sell my tomatoes no doubt at a profit high enough for me to want to plant more next year. Are you cursing me yet? I'm sure you would be if it was the subsidy on petrol I were talking about removing. Hell no! You'd likely stone me if you could get your hands on me!

Well, that's what this piece is saying where it says "The private sector is given little incentive to invest.” After all, I'm in the electric planting business for the money and the profit and not because I love you all as Adam Smith would say, so why give you light if you aren't paying me for the priviledge! And you wanna complain you're in darkness?!

When you pay me enough to cover my planting of tomatoes after paying for the land and the fertilizer and the labour and the interest on a loan and cover what I lose to theft and illegal harvesting, and still make a tidy profit to reinvest, I will plant 12000megawatts of tomatoes and I will sell 12000megawatts of tomatoes and even more megawatts of tomatoes than you can eat even because you would be incentivizing me to invest what you pay me in more land and more fertiliser and more labour to plant more tomatoes so I will have more tomatoes to sell you and make more money. But if you want cheap electric, keep your price controls and don't incentivize me but don't expect me to waste my time labouring in the sun just so you can have light because, like you, I ain't that stupid nor into the charity business!

Anyone cursing me yet, because I am telling you, we are too cheap!

PastorAIO:
Some feel that Paul concocted his own sauce all by himself. A master chef indeed. How many Michelin stars should we give him though.

ono:
America never had it so bad guys! Oil price going from less than $30 to over $90 in less than a year under senile old Joe!

You can argue this is good news for Naija, but guys, this is insane for ordinary peace loving Americans!

May God help us all.

feedthenation:
Senate GOP Leader Mitch McConnell breaks with RNC over Jan. 6: “It was a violent insurrection for the purpose of trying to prevent the peaceful transfer of power after a legitimately certified election.” https://www.foxnews.com/politics/mcconnell-rnc-censure-resolution

https://twitter.com/i/status/1491135618910670851

Romney: Anything that my party does that comes across as being stupid is not going to help us

Romney: Anything that my party does that comes across as being stupid is not going to help us pic.twitter.com/FNLKcwTnEF

— Acyn (@Acyn) February 8, 2022

musicwriter:
That's not the type of song people want to hear at this time. However, some good brothers have already put it in songs, one way or the other.

Bob Marley- Give thanks and praises
Tarrus Riley- Love created
Israel vibration- Fallen angels
Nasio Fontaine- Babylon
Burning Spear- Christopher Columbus
Lucky Dube- Shembe is the way, not Jesus
Etc...

raumdeuter:
None of us have govt issued photo ID since Democrats have deemed it discriminatory to have govt issued ID

So its only a bunch of Utility bills and credit cards which doesnt show your face nor mine and doesnt prove anything

raumdeuter:
And what evidence do you have to show since you have rejected govt issued photo ID

Kokobilo87:
.

raumdeuter:
No security agency will allow or accept all these Bus pass or costco card. They need govt issued IDs to identify you

Sonn:
there is a saying that goes like this' an object tied around the wrist' does not need mirror to be seen clearly,
Since you don't believe there was election malpractice and rigging at KANO and IMO, what then are we talking about? our discussion is of no use because as it stands now' I do not expect you to believe anything anymore,
So therefore' you win,
No election malpractice and rigging in Nigeria,
All election held were free, fair and credible,
Settled.

Sonn:
am almost getting tired if voting for nothing since 2015, How do we vote for Mr A and ends up with Mr B? those things PDP use to do under OBJ,
Too painful.

DeepSight:
I hope you are not conflating "materialist" as used in these discussions with "materialist" as used to refer to a person who is focused on worldly wealth.

materialist
/məˈtɪərɪəlɪst/
Learn to pronounce
noun
noun: materialist; plural noun: materialists

1.
a person who considers material possessions and physical comfort as more important than spiritual values.
"greedy materialists lusting for consumer baubles"
2.
Philosophy
a person who supports the theory that nothing exists except matter and its movements and modifications.
"an atheist and philosophical materialist"

DeepSight:
I often find myself wondering if those people who call themselves materialists have taken time to stare deeply at their own reflection in a mirror and truly absorb themselves in it:......

DeepSight:
As Pastor AIO has rightly said, remember that this may be just one version of infinite possibilities.

DeepSight:
LordReed. Just a passing thought I thought to drop. I have told you before about my thoughts about the root of reality being something I call an infinite field of potentialities. The mind is like a minuscule droptlet of that infinite field of potentialities. This is why a mind is a terrible thing to trifle with: because a mind can do almost anything.

The brain is only the physical tool for the expression and manifestation of the activity of the mind.

raumdeuter:
The first thing cop will ask is Show your ID but both of us will insist we are Democrats and we do not believe in govt issued IDs.

raumdeuter:
So how would the cop know who is who? The first thing cop will ask is Show your ID but both of us will insist we are Democrats and we do not believe in govt issued IDs. We only want them to believe in our words and utility bills.

raumdeuter:
Your Credit card does not have your picture either and it doesnt prove you are the owner of the identity

raumdeuter:
With these plenty paragraphs you haven't shown us how we will know the real buda when both show utility bills and both refuse to show govt issued ID.

raumdeuter:
In your scenario, What if both fake Buda and original buda do not have or refuse to present any form of govt photo ID asides the utility bill which bears no picture

Raud shows Utility bill in buda name, Buda shows utility bill in buda name, Both refuse to show Photo ID, so who gets to vote?

raumdeuter:
You quoted this and you claim I dont understand? This is why I say you project yourself into others a lot

raumdeuter:
So will the vote of the fake Buda be taken out of the total while they are still verifying who is real and who is fake?

What if the original Buda does not present a photo ID, claims he doesn't have or cannot show it and want to use another version of utility bill that fake Buda already used then what happens

If you want to resort to suitable and appropriate ID after the fact why not use it for the whole process so that only people with suitable and appropriate ID get to vote

raumdeuter:
Govt coordinate voting so it's govt stuff.
Govt give timelines and where to vote.
You cannot start voting if govt does not give its okay

Can buda decide without govt to vote for president or governor today without waiting for govt guidelines

The people give authority to their elected officials(govt) to coordinate elections. No one can just say he wants to vote on February 9 without govt giving the go ahead

musicwriter:
If someone read the bible without Christendom's preconception of what their church denominations believe the book to be saying, the true message would be clearer.

The bible would make people smart when the Genesis creation story interpreted correctly.

raumdeuter:
Use your work ID for work related stuff, Use govt ID for govt related stuff..

Democracy (Greek: δημοκρατία, dēmokratiā, from dēmos 'people' and kratos 'rule') is a form of government in which the people have the authority to deliberate and decide legislation ("direct democracy", or to choose governing officials to do so ("representative democracy".

raumdeuter:
That is IF budaatum turns up to vote.
Even if the original budaatum turns up to vote he won't be allowed because someone has already claimed to be him...