American Politics

**Elvis 2008** · 07-08-26 06:27

Originally Posted by Tiny12 [View Original Post]

Thanks Elvis, sincerely. You can buy Geely ADR's in a USA Brokerage account. Just looking at the numbers for 5 minutes it appears cheap. Chery, Another of the Chinese EV auto manufacturers looks dirt cheap. I may do some work on these and if the ideas pan out buy some shares. If I do, I'll post on this again.

As always, when evaluating an investment I ask myself "What would Mitt Romney do?" And I think he might buy these! Ok, not really, but this is a sure fire way to get the Marquesa riled up!

LOL. Well, you really have no rights as a shareholder in the USA really until you acquire a big stake. This reminds of the Mark Cuban classic post here, https://blogmaverick.com/2008/09/08/...ks-and-money/: In July of 1998, my partner Todd Wagner and I took our company, Broadcast.com, public with Morgan Stanley. Broadcast.com used audio and video streaming to enable companies to communicate live with customers, employees, vendors, anyone with a PC.

Part of the process of taking a new company public is something called a road show. The road show is just that. A company getting ready to sell shares visits the big mutual funds, hedge funds, pension funds – anyone who can buy millions of dollars of stock in a single order. It's a sales tour. 7 days, 63 presentations.

Prior to the road show, we put together an amazing presentation. We hired consultants to help us. We practiced and practiced. We argued about what we should and shouldn't say. We had Morgan Stanley and others ask us every possible question they could think of so we wouldn't look stupid when we sat in front of these savvy investors.

Savvy investors? I was shocked. Of the 63 companies and 400-plus participants we visited, I would be exaggerating if I said we got 10 good questions about our business and how it worked. The vast majority of people in the meetings had no clue who we were or what we did. They just knew that there were a lot of people talking about the company and they should be there.

The lack of knowledge at the meetings got to be such a joke between Todd and I that we used to purposely mess up to see if anyone noticed. Or we would have pet lines that we would make up to crack each other up. Did we ruin our chance for the IPO? Was our product so complicated that no one got it and as a result no one bought the stock? Hell no. They might not have had a clue, but that didn't stop them from buying the stock. We batted 1. 000. Every single investor we talked to placed the maximum order allowable for the stock.

On July 18,1998, Broadcast.com went public as BCST, priced at 18 dollars a share. It closed at $62.75, a gain of almost 250 percent, which at the time was the largest one day rise of a new offering in the history of the stock market. The same mutual fund managers who were completely clueless about our company placed multimillion orders for our stock. Multimillion dollar orders using your money.

Price-earnings ratios, price-sales, the present value of future cash flows, pick one. Fundamentals are merely metrics created to help stockbrokers sell stocks, and to give buyers reassurance when buying stocks. Even how profits are calculated is manipulated to give confidence to buyers.

I know that sounds crazy, but the stock market has gone from a place where investors actually own part of a company and have a say in their management, to a market designed to enrich insiders by allowing them to sell shares they buy cheaply through options. Companies continuously issue new shares to their managers without asking their existing shareholders. Those managers then leak that stock to the market a little at a time. It's unlimited dilution of existing shareholders' stakes, death by a thousand dilutive cuts. If that isn't a scam, I don't know what is. Individual shareholders have nothing but the chance to sell it to the next sucker. A mutual fund buys one million shares of a company with your and your coworkers' money. You own 1 percent of the company. Six weeks later you own less, and all that money went to insiders, not to the company. And no one asked your permission, and you didn't know you got diluted or by how much till 90 days after the fact if that soon.

End of link.

Oh, and as big of a scam as the overall American stock market is, the Chinese one is worse.

This is from a search on Chinese stock rights: Foreign investors generally have no direct ownership rights or legal recourse when buying Chinese stocks listed on USA Exchanges. Instead of owning shares in the actual Chinese operating company, investors purchase stock in an offshore Variable Interest Entity (VIE), typically a shell company registered in the Cayman Islands. This structure relies on contracts rather than equity ownership, meaning shareholders hold zero controlling interest and possess only a contractual claim to economic benefits that Chinese courts may deem unenforceable or illegal.

What cracks me up about this is that this is Geely is like Nvidia. You cannot make a case for the stock as really by law the stock is worthless, but if you gamble based on name recognition, then my bet would be Geely is the first Chinese car maker to come to market. They own Volvo and have the USA infrastructure. Trump has said he would let Chinese cars in as long as they were manufactured in the USA and the lower labor costs are not really what make Chinese cars cheaper.

If you want to look at fundamentals, you can see why the auto industry in China IS a scam: https://www.youtube.com/watch?v=tS_fJJxMjn4&t=632s.

Just like long term there is no way Nvidia can grow or deliver the numbers they are now, the car companies and China are going down. It will take awhile but they are doing much the same things as Japan did and going into massive debt.

However, in the short and medium term, yeah, the Chinese cars will blow the roof of foreign competitors like they have done in Chile and are doing in Mexico. As for why, it is the engineering talent is much cheaper and that so many of the supply chains are based in China. In this video, the youtuber describes why what takes 3 months for Europe to model takes 3 days in China because one part of China produces 90% of all consumer electronics. https://www.youtube.com/watch?v=talyf00Cl24

When Ford looked at changing things in the cars, it took way longer and was way more expensive. The legacy auto companies really cannot compete with the Chinese.

Yeah, the Cherys are nice vehicles, but if you look at the top rated ones in Mexico, Geely cars are usually rated higher and because of the infrastructure with owning Volvo, I bet that Geely will be the first to market. I think that the Chinese companies have decided to dabble in Mexico first and then step up to the big leagues in the USA. Apparently, a lot of the Volvo engineers have been giving styling input on the Geelys and like I said, they do look really cool especially on the inside.

So yeah, Geely is a gamble but it is probably a good one.

**Sirioja** · 07-08-26 05:40

Originally Posted by Canada [View Original Post]

Obviously you are not living in the same USA as the rest of us. The Trump tax cuts were more than the inflation and everyone retired has seen their retirement funds and savings go up dramatically. Wages are up significantly. I guess you never saved or put money into retirement so you did not benefit. But unemployment is at an all time low and everyone working is benefiting from their tax savings. Inflation is so much lower than the Biden years that few people really care about it. None of the fake news networks ever cared about inflation in Biden presidency so obviously that is where you get your fake information. Every person I know is doing better under the Trump presidency so stop your fake posts.

You don't seem to live in same USA than 60% Americans who disagree with Trump, but don't you know 60% is majority. And US artists, when many should be richer than you, but against Trump, refusing to sing for him, real facts, do you know Bruce Springsteen, or Taylor Swift, so rich communists? Listen also to Clint Eastwood and so many others. I would say Trump is really lucky many no brained not able to understand money is useless when you are dead, this not only in USA, unfortunately for our world. But, our planet will kill many people, from heat, tornados, hurricanes, ground sliding, water. What Trump is not clever enough to understand, when he made much richer since he returned.

**Tiny 12** · 07-08-26 04:35

Originally Posted by Elvis2008 [View Original Post]

So take Ford versus Geely. If Ford sells something for $35,000, they have to make a profit, so labor costs and components have to be under $35,000. The reason I was so psyched about the Chinese car is China is putting in way over $35,000 worth of stuff in their cars that cost that amount. They are putting in top of the line seats with massagers in them, state of the art stereos, plush carpeting, expensive LED lighting ETC. You can do everything by voice control and if it were legal to command the car to give you a BJ, I bet it would do that too. There are cars in China right now that sell for $50,000 that have components in them that you only see in cars costing 4 X that amount.

Wbat made me go Tesla over Geely is right now is in Mexico the Chinese cars have not rolled out the full service driving (FSD) like Tesla has. The Chinese have it and are using it in China but they have not rolled it out in Mexico yet.

Thanks Elvis, sincerely. You can buy Geely ADR's in a USA Brokerage account. Just looking at the numbers for 5 minutes it appears cheap. Chery, Another of the Chinese EV auto manufacturers looks dirt cheap. I may do some work on these and if the ideas pan out buy some shares. If I do, I'll post on this again.

As always, when evaluating an investment I ask myself "What would Mitt Romney do?" And I think he might buy these! Ok, not really, but this is a sure fire way to get the Marquesa riled up!

**Tiny 12** · 07-08-26 04:26

Originally Posted by Canada [View Original Post]

Happy July 4th. Celebrations are massive nationwide for the patriotic Republicans. 70% of democrats / communists say they are not patriotic and will not celebrate the 4th.

I was ready to call bull shit on this. But I decided to check with ChatGPT. And Dagnabit, the polls support it:

Gallup & YouGov Polling Data.

"Extremely Proud" to be American (Gallup).
Democrats: 14%.
Republicans: 70%.

View themselves as "Very Patriotic" (YouGov).
Democrats: 14%.
Republicans: 74%.

Plan to display an American flag this July 4th (Reuters / Ipsos).
Democrats: 27%.
Republicans: 64%.

I do however honestly believe the Democrats and Communists who post in this thread are among the 30% who are patriotic.

**Tiny 12** · 07-08-26 04:16

Originally Posted by MarquisdeSade1 [View Original Post]

https://www.breitbart.com/politics/2...is-brain-dead/

https://nypost.com/2026/04/09/health...cbo=v2-gRtakkd

https://www.nytimes.com/2026/04/09/o...ic-cancer.html

Karma is real.

Two true American heroes. They're not long for this world. May God bless their immortal souls.

**Canada** · 07-08-26 01:48