₦airaland Forum

[quote author=davidylan* link=topic=181829.msg2926192#msg2926192 date=1223678101]If that aint racism please wake me up from sleep.[/quote]The elephant in the room that the likes of Kobojunkie keep denying is surely rearing it's trunk over the airspace of America.

doyin13:
who else can it bena me of course

lol

America needs to be careful. All this hatred could soon spill into civil unrest if left unchecked. It is time for McCain to check his party. His legacy is at stake. Do not be surprised if one of these loons try to take out Obama.

RichyBlacK:
Exposed?

We've mapped their genome since faaaaar-baaaaack.

Of course, astute guys such as we are, mapped their genome way back. I am just wondering what all our staunch Republican friends such as Tayo-D, Kobo, 4Play and Toshmann make of all this mess. I remember 4Play arguing hell for leather with me that GOP is not a redneck party. As for Negro Ntns, I don't have to ask. I expect he will be revoking his GOP membership card after the events of the last week.  

For those who have missed the news:


[center]Palin's Mob: The Modern Day Rebecca Felton [/center]

I mean that in all seriousness. Palin and McCain right now are leading a lynch mob (in the literal sense) against Obama. She has become a modern day Rebecca Latimer Felton. For those who don't know, Rebecca Latimer Felton is Georgia's only female Senator from the 1920's. She was a vigorous defender of hatred towards "the other" as a means of obtaining power. She was a populist who happily defended lynching in the name of Christianity and protecting "white womanhood." Because having audience members shout TERRORIST and KILL HIM while you approvingly smile is clearly in following the teachings of Jesus Christ.

And so we have our 21st Century Rebecca Felton: another hateful bigot who obviously mentions Obama "pallin' around with terrorists" in the hopes of associating him with Muslims. You know it. And I know it. Lets call it what it is. She doesn't say "William Ayers." She doesn't say "Domestic terrorist." She flat out says Obama is around terrorists and the only reason you'D do that is associate him with Islam.

During her hate speech down in Florida, people in the audience shouted "TERRORIST" and "TREASON" at the mere mention of Obama's name. Someone at a McCain rally shouted "KILL HIM." Palin's mob called some African-American reporter the N-word and told him to "sit down, boy." They threw things at the reporters. This is Sarah Palin's America and its rooted in the same hateful strain of populism as Rebecca Felton's 1920's America. Nothing but contempt for anyone who questions them and doesn't share their hateful view of the world and the "others." They are even playing the Hussein Card.

And yet Republicans turn to people like me in perplexed fashion and wonder why minorities won't vote for them. Now, I don't recall anyone at any Obama or Biden rally audibly shouting "KILL HIM" and if someone actually shouted that, Obama would have the dignity to shout them down. Hell I don't remember anyone even shouting KILL HIM at the mention of Bush's name. Not so with Palin or McCain. Their hate speech does nothing more than legitimize violence against Obama. If Obama is shot by one of the many people that McCain-Palin are inciting by calls of Obama being a "dangerous outsider" then Obama's blood is on the hands of John McCain and Sarah Palin.

And frankly who the mess is William Ayers? Is he going to have a seat in the White House? Is he Obama's Vice President? No? Then chill the mess out and talk about the issues will you? Where was McCain's infinite wisdom when we went to war when we shouldn't have? Where was his judgment and wisdom when he said this would be a cakewalk and we'D be greeted as liberators? Republicans don't seem to care that their Presidential candidate is 72 and their Vice Presidential candidate is a nutjob, but they care passionately about some 1960's radical. Isn't Palin the one that said we should be looking forward and not backward?

All the Republican Party has right now is hatred, bitterness, and vile towards anyone who isn't "like them." That's all they got. No ideas. No solutions, just hate. They hate Obama, they hate Hillary, they hate Bill, they hate Ted Kennedy. All they do is hate. And you damn right I got hate too. I hate George W. Bush, but George W. Bush earned that hatred. What has Obama done to this country to earn the type of unmigitated and irrational hate that comes from the Republican Party? Nothing. He's just there and standing in the way. That's all they need to feed off the hatred that runs deep and wide in the Party of "inclusion." Or some bullshit.

Palin and McCain and this Party are nothing more than a roving mob that goes from one target to the next to the next to the next. When they can't hate African-Americans, they hate gays or Hispanics or some new scapegoat. And there is Sarah Palin, in all her unqualified, ignorant, witch doctor worshipping, hateful glory leading the hate mob

Oh Emeraldbee, you have finally tracked me down.  

Well guess what? I have a crush on you too. My answer is yes if you are asking! 

Jimoh is right. Never trust the value of Nigerian assets, simply because Nigeria is a country with great political risk and heavy accounting fraud.

If you look at Nigerian companies' balance sheets, you will see fantastic assets worth x amount of money. The truth is these assets are usually far less than they claim it to be.

What do you guys think of all the hate-monging that has been going on at GOP rallies recently? The lunatics have finally taken over the asylum. They have turned the McCain/Palin rallies into a lynch mob. McCain has not done enough to quench the thirst for blood whilst Palin keeps stoking the fires of hatred. This is no longer a rational election, but an emotion filled hatefest. I just wonder what everyone thinks about this. Frankly, it disgusts me. Ron Paul has tried to steer the GOP to a more moderate direction, but these irrational lunatics are going to lose this and many other elections for the GOP.

I was always a fan of McCain until he chose Sarah Palin. As a conservative writer observed the other day, Sarah Palin is exactly the type of cancer that the GOP need to move away from. It is funny how certain Nairalanders are not enthused about the Republican ticket until the extremist neocons are on the ticket. I hope they can now see what these lunatics represent and that is intolerance. Hate Radio and Hate TV such as Fox News is finally coming full circle. These people are angry that the fictional viewpoints they imbibe from right-wing media are not being reinforced by mainstream media. This frustration is leading them to take their frustrations out at GOP rallies. These guys are laying the foundation for civil unrest.

Provision, obligatory, constitutional right, social issue. . . . . lets stop mincing words. . . . . . Yankee needs to catch up to the rest of the developed World. . . . simple. . . . there is no effect on productivity. . . . British companies do not pay any health insurance for their employees. . . . . Yankee companies do. . . so which is affecting productivity? . . on top of that, it is not like corporate tax is any cheaper in Yankee than Europe. . . . . maybe you would like to compare taxation rates in Europe with Yankee on a corporate level. . . . at no level does Europe pay more. . . . where are all these "stifle productivity" nonsense arguments coming from?. . . . .paying your personal money for Health Insurance is also a indirect tax. . . . that money is not going toward your personal productivity either.

If we can afford lower tax rates than you guys and still afford Universal Health, so can you. . . . Yankee system encourages redistribution of wealth from the poor to the rich. . . . there is a lot of leakage and arbitrage in free market systems that provide social goods.

No he doesn't. He needs to ignore racial politics. Everyone knows the history between Hannity and Val Turner.

This journalist better be serious.

He must mean N8trillion, not $8trillion.

At $2 a barrell royalty, are you trying to tell me that Mobil has produced $4trillion barrells since 1980?

Mobil's market cap (i.e the sum total of all their shares) is only $500 billion.

On top of that, their income is only $40 billion per year.

If I was this guy, I would take a few billion right now for past royalties and then press for the contract to be respected in the future so I can claim my future royalties.

The World's richest man has no more than $60 billion. All the companies in Dow Jones Industrial are worth less that $10trn. This is unrealistic.

N8trn is about $32billion which sounds right.

mon amie:
The figures you see there do not represent what those regions directly contribute as revenue earnings but rather, what they have been allocated to manage their adminstrative affairs because at that time (1959-1962) Nigerian wasnt even commercially exporting crude.

Olodo, what does this mean to you. Please interpret it again:

Ibime:
If you had a brain, you would note that West and East import duties from Gasoline are double that of the North, which is exactly correct since the Niger-Delta lies from the West to the East. You will also note that the West received barely any mining royalties. . . .which just goes to show that the areas where the mines were (Enugu, Jos etc) were in the East and North.

mon amie:
http://www.nigerianmuse.com/important_documents/?u=historical_revenue_allocation_outline.htm

For the rational beings, kindly copy and paste to browser.

You this idiot. You cannot even interpret your own data. If you had a brain, you would note that West and East import duties from Gasoline are double that of the North, which is exactly correct since the Niger-Delta lies from the West to the East. You will also note that the West received barely any mining royalties. . . .which just goes to show that the areas where the mines were (Enugu, Jos etc) were in the East and North.

This is the only derivation formula you need to know:

100% (1953), 50% (1960), 45% (1970), 20% (1975) 2% (1982), 1.5% (1984) to 3% (1992 to date), and a rumored 13% in Abacha's 1995 undemocratic and unimplemented Constitution.

lol @ Ibime1

So because of Nigeria1, the use of pictorial evidence for analysis has become a Nairaland faux pas?

This is erosion of our civil internet liberties!

I have much more evidence of peculiar behaviour of NSE stocks. Should I continue?

lol

Fhemmmy:
The market will be back up sooner that people think, but not till after the USA's presidential election.

I doubt it. . . . unless it's driven by more speculation.


Sometime last year, I did some fundamental analysis on Nigerian stocks. I could not believe what I found. The fundamentals were so good, yet many of them had stopped growing at an acceptable level just three months after they launched their IPO's. That was when I concluded that the market was driven by pure speculation, somewhat like a pyramid scheme. Of all the stocks I studied last year, Naija stocks were unbelievable. Too good to be true you might say. For example, look at InterContinental bank's fundamentals last year:

https://img27.picoodle.com/img/img27/3/10/8/f_RATIOSm_72de75d.gif


This is as good as anything you would see in the West. . . . Their assets are worth more than their market cap (Book Value/Share) with gearing a little too high (56%), but at least they had the assets to back these loans. . . ,  yet the shareprices were not growing according to the fundamental's. They seemed to be driven more by pure speculation. You can see the 6 month growth of Intercontinental bank was not reflecting the fundamentals at the time:


https://img27.picoodle.com/img/img27/3/10/8/f_6mnthchartm_0e38d80.gif


Look at Access bank: No growth at all after the initial boom from the IPO launch:


https://img37.picoodle.com/img/img37/3/10/8/f_6MNTHCHARTm_c88b20a.gif



What do you notice? After the IPO the shares quickly shot up and then stayed stagnant. Again, that just shows that people buy IPO's and keep them. After that, the shareprice does not grow regardless of the fundamentals. Most of these banks had good fundamentals which seemed shady to me. I asked a friend of mine who does some work with NSE and he told me that a lot of them cook their books.


Same with union Bank:

https://img34.picoodle.com/img/img34/3/10/8/f_6MNTHCHARTm_25e02fe.gif


This despite having decent fundamentals:


https://img03.picoodle.com/img/img03/3/10/8/f_RATIOSm_a564df9.gif


This was repeated throughout every sector and almost every company. You see companies with good fundamentals whose prices are not growing as they should from 2 months after they launch their IPO. This means that the Nigerian people are buying the IPO's, but the mutual funds and Investment funds do not trust their them enough to keep investing in them after the initial period. That was when I drew my conclusion that the NSE is like a pyramid scheme. You get in and get out before the pack of cards come falling down.

@ Dayo

Actually, the radius thing was a typo.

I expect Jackal is typing a long response as we speak.

Unfortunately, this debate is already over.

If I was him, I would lay low for a while.

Don't worry, the Jackal will rise again. Go home and lick your wounds son!

This debate is over. A beaten boxer doesn't know when he has lost until he gets Alzheimers disease.


We hereby bestow upon Jackal the official title of. . . . . . . . . . . . .
[size=50pt]GUFFANTI![/size]


CASE DISMISSED!

Take his battered ego back to the Man Utd thread for rest and recuperation!

And here is the final nail in the coffin:

[quote author=~Sauron~ link=topic=163367.msg2913491#msg2913491 date=1223481876]Oh meee days. . . . . . . . What an idiot we have in the house!!!

U do not even understand the simple indices regarding mathematics and numbers.
Of course, leagues with lower number of games would have higher goal/game ratio,[/quote]This proves beyond any doubt that Jackal was making a mathematical argument.

He was corrected by lai-lai, Dayokanu and Ritchboy and still kept arguing the same nonsense. It was only when I stepped in that he changed his story to "fatigue". Now he is claiming that he only used "denominator" to help Dayokanu understand the concept. This after chiding Dayokanu for lacking basic knowledge of Mathematics.


For clarity, this is the goof that Jackal made:

Jackal believes that one ratio will always be higher than another as long as it has a lower denominator. For example, the number of oranges each child will get when shared amongst 3 children will always be greater than that when shared amongst 6 children. So what if 3 children share 10 oranges whilst 6 children share 1000 oranges? This completely shows that Jackal needs to go back and retake his Primary One mathematics.

This is the mother of all goofs!

We hereby bestow upon the Jackal the official title of. . . . . . . . . . . . .
[size=50pt]
GUFFANTI![/size]


CASE DISMISSED!

Take his battered ego back to the Man Utd thread for rest and recuperation!

Further damning evidence has been uncovered at the Arsenal fan thread:

[quote author=~Sauron~ link=topic=163367.msg2913960#msg2913960 date=1223487122]Look at this idiot exposing himself in large proportions.
He does not know the effect of a denominator in ratios.[/quote]I wonder how he is going to wriggle out of this one now. Maybe he will tell us he was referring to "fatigue" again.

What kind of deranged lunatic would use the word "denominator" consistently when he means to say "fatigue"? The idiot is now trying to tell us that what he meant to say was that the larger the denominator, the more the fatigue suffered by players. . Only a blathering idiot would use these two in the same context. All the evidence points to a flawed Mathematical argument he was supposedly making as evidenced in the quote below:

[quote author=~Sauron~ link=topic=163367.msg2913306#msg2913306 date=1223480147]Average goals per game depends largely on the number of games as the number of games is the denominator.
A change in the value of denominator ultimately changes the ratio, doofus![/quote]By stating that a "change in the value of denominator ultimately changes the ratio", he is explicitly saying that the ratio changes when the denominator changes, completely forgetting the fact that the numerator also changes with the denominator. What a fatal blunder!

Again I ask: Who in their right mind repeatedly uses the word "denominator" to imply that a larger amount of games leads to more fatigue. This is akin to John McCain saying that what he meant by "the fundamentals of the economy are strong" is that "the American people are the fundamentals and they are strong" . This is absolutely ridiculous!

We don't believe you, you need more people!

This is the smoking gun:

[quote author=~Sauron~ link=topic=163367.msg2913306#msg2913306 date=1223480147]Now, let me explain ma theory to u sapheads. . . . . .
In 2007/8 season, Bundesliga recorded 860 goals in 306 games(2.81 goals per game)
The Premiership with 380 games a season recorded 1002 goals(2.64 goals per game)

Now the difference in the number of games is 74. . . . . .
If u multiply it by 2.81(Bundesliga ratio) and add to 860 goals, the answer is(1068) which is more than the number of goals ever recorded in the Premiership.[/quote]In trying to explain your theory, you had stuck to mathematical concepts and never mentioned the word "fatigue" until late last night: upon discovery that you had made a fatal Mathematical faux pas which threatend to make you the laughing stock of any semi-literate Nairalander. This is evidenced by your constant use of the word "denominator" until you realised the error of your ways. By late last night, you had mentioned the word "denominator" on numerous occasion without ever mentioning "tiredness" or "fatigue" Coincidence or Inextricable evidence?  

[quote author=~Sauron~ link=topic=163367.msg2913706#msg2913706 date=1223484544]How is this different to what i have been saying.?[/quote]Hence my emphasis on the word new in the statement:

Ibime:
Anyway, let me help you articulate your new point better:

It would have served me better to use the word 'revised', so that doofuses such as yourself can understand the context of my statement. It is obvious that you have revised your argument. We shall call this latest lemma your "Revised Standard Version"  

[quote author=~Sauron~ link=topic=163367.msg2913706#msg2913706 date=1223484544]Using only twice in the same sentence?? How did u pass your use of English to get into a Uni?? [/quote]A sentence broken by a colon need not follow the conventional format. Why are you being so pedantic?

[quote author=~Sauron~ link=topic=163367.msg2913706#msg2913706 date=1223484544]Denominator = Total number of games in this CONTEXT.
It means the same thing. Mathematical argument or not.[/quote]You can put lipstick on a pig but it's still a pig.  

[quote author=Tayo-D link=topic=180248.msg2913606#msg2913606 date=1223483443]Please go ahead with your cost analysis. I will be happy to look at real figures.[/quote]Such cost analysis cannot be carried out at this stage. It depends on the strength of Govt regulation to rein in overinflated drug prices. Rest assured, if health is in the hands of the Government, all these soaring costs will be reined in. We only have to look at the costs in countries that have Social HealthCare and compare to US prices to know that US Government is letting companies set their own prices on drugs. Do you remember when [i]D[/i]ick Cheney blocked the move to reduce drug prices for poor countries at the UN? Brazil threatened to break copyright law and create cheap generic versions of the drugs themselves. That just goes to show that drug prices are artificially inflated. Govt can easily find ways to reduce prices without discouraging innovation and invention of new drugs. In that respect, Govt should take the lead in drug research.

[quote author=Tayo-D link=topic=180248.msg2913606#msg2913606 date=1223483443]Scaremongering? I am telling you of what is even going on today. Employers and Insurance companies are now making your health their private business. People are receiving calls from their insurance companies telling them they either have to lose weight or lose their insurance.[/quote]That just highlights the fallacy of the system you live under. It is Insurance companies making sure you drop your weight and watch what you eat, not Government. They are just minimalising their risk. Their whole business is profit-oriented, not actually geared toward the genuine health of their customers. In economics, this is called "cream skimming" - the practice where private health providers only allow healthy and young people to take out premiums. . . . again, they are not working for the good of society. . . . from the experience of all the other developed countries in the World, Govt does not poke their nose into our eating habits, although they do encourage us to eat an apple a day.  

lol.

Monkey see, monkey do.

Somebody don chop money.

The problem in NSE is fraudulent accounting practices. No amount of credit thaw will propel the market forward whilst transparency lies buried in an unmarked grave.

[quote author=~Sauron~ link=topic=163367.msg2913491#msg2913491 date=1223481876]This is where u are getting it wrong. How can u hold numerator constant? Are u this daft?
Of course, numerator and denominator would change but the higher denominator(as far as football is concerned) means more stress n fatigue.
The more games a team continues to play in a season without break, the less goals they would score.
That was ma argument and the average goals/game in Bundesliga SUPPORTS it.[/quote]Funny how it took you more than 24 hours to bring up the fatigue argument. You are still trying to convince us it was your idea like McCain tries to convince voters that "CHANGE" is his idea. 

Anyway, let me help you articulate your new point better: The law of diminishing returns kicks in as the season gets longer. In other words, rate of return is negatively correlated to incremental increases in the no of games played. In layman terms, the more games you play, the less and less goal return you see as the season goes on due to fatigue.   

This is not necessarily true, but is an acceptable argument. . . .

Only one question: Only a shroom smoker would even bring the word "denominator" into the conversation whilst comparing goal output to no of games played. . . . . unless he was making a strictly mathematical argument.

[quote author=Tayo-D link=topic=180248.msg2913412#msg2913412 date=1223481067]Do you understand the implications of your statement? That means the govt has the right to deprive me from buying a home so long as they can prove the money should be used to meet someone else's health needs.[/quote]If we do a cost analysis, you would find that you would be able to pay tax toward healthcare and still have full private insurance without spending an extra penny. . . . like I showed you, your private healthcare cost will go down.

[quote author=Tayo-D link=topic=180248.msg2913412#msg2913412 date=1223481067]Let me give you another scenario. Claiming health as a right will make the govt determine what you put in your fridge at home and what you eat udner the pretext of sustaining your right to good health. You are talking about something bigger and greater than you can ever imagine.[/quote]Come on man. . . . we have had social healthcare for ages here. . . no one has ever told us what we can and can't eat. . . . you are scaremongering again. . . . too much Fox News skews your World view. . . . you need ask your neighbours the Canadians whether Govt places any restrictions on their way of life instead of giving us scaremongering propaganda. . . sometimes, I wonder what world you live in. . . . the constitution does not provide for free education either but we have it now. . . constitutions are amended all the time. . . the constitution was simply written for its day and age, just like the Bible. . . . we live in a different world now. . . .

[quote author=~Sauron~ link=topic=163367.msg2913306#msg2913306 date=1223480147]Average goals per game depends largely on the number of games as the number of games is the denominator.[/quote]Can we have a lawyer dissect this statement? What exactly was Guffanti referring to here?



Completely ignoring the fact that the numerator and denominator are mutually dependent sets, he believes that one should hold the numerator as constant whilst varying the value of the denominator.

lol. You cannot spin your way out of this one mate. The verdict is sealed.

Toshmann, well said. . . .I thought you were a staunch Republican. . . . this is simple: America must catch up to the rest of the developed world.


[quote author=plus_Queen link=topic=180248.msg2912858#msg2912858 date=1223476330]My brother it's not how much you pay but how much you get to keep afterwards.
The average professional in America is better paid than his counterpart in Britain.
The same NHS where people pafuka like chicken while waiting to be seen by a doctor or waiting in line for their surgeries.
Carry una Europe go.
why are people running from there to here including professionals when they win visa lotteries?
I lived in Europe,I now live in the USA
let me pay for my health care and know that I call my doctor now and go in to see him in an hour's time
You can't pay me to move to England for anything.
Nothing free is that good.
we have community health centers and "general hospitals" here too[/quote]My sister, you can have private healthcare here as well, nothing is stopping you. . . my girlfriend has a plan and I would get one too, except that I never fall ill. . . . like I said, the price here is cheaper. . . . from £30 - £50 for gold cover. . . . this is because we have not allowed the market to run away with itself. . . . like Obama said yesterday, having Universal Healthcare will actually reduce the price of Private healthcare. . . . that is witnessed in Europe. . . . on top of that, everyone is covered, so you never hear horror stories like you do in Yankee. . . . .this is a country that cares for it's citizens.

[quote author=Tayo-D link=topic=180248.msg2912847#msg2912847 date=1223476247]@Ibime,

You didn't addrress the issue I raised. Is healthcare a constitutional right? We know of the right to life, liberty and the pursuit of happiness. Through the first ammendment, we talk about the right to free speech. So under what constituion is health care regarded as a constitutional right?[/quote]Who cares what the constitution says? At the time of the constitution, people were still keeping slaves. The world has moved on from 19 kporodimkpom.