Well, our Poor
- Thread starter ElectricalCock89
- Start date
Not surprising, the slave party has rarely if ever accomplished anything of value………
Would much rather be sent to fight the Panamanians.
He’s got Canadian written all over him. He’s headed north for obamacare plus after that’s eliminated here.
Imagine:
+ Pushing an Experimental Vaccine They Knew Had All Kinds of Issues in Limited Human Trials
+ Demonizing and Blocking Safe Drugs that Worked
+ Hiding the Fact Many Were Being Injured and Forced MDs To Not Say a Word -- Only Push the Vaccine
+ Trying to Hide Real Data for 75 years
+ Allowing Members of Congress and Staff to Not Have to Take the Vaccine
+ Censoring Social Media Platforms in order to keep all of this information from the American people
This was The Biden Administration during COVID. High-quality folks.
All of them should be in jail for life for this alone. All of them.
+ Pushing an Experimental Vaccine They Knew Had All Kinds of Issues in Limited Human Trials
+ Demonizing and Blocking Safe Drugs that Worked
+ Hiding the Fact Many Were Being Injured and Forced MDs To Not Say a Word -- Only Push the Vaccine
+ Trying to Hide Real Data for 75 years
+ Allowing Members of Congress and Staff to Not Have to Take the Vaccine
+ Censoring Social Media Platforms in order to keep all of this information from the American people
This was The Biden Administration during COVID. High-quality folks.
All of them should be in jail for life for this alone. All of them.
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Facebook/Meta is now done with DEI programs as well.
Gomer doesn't believe DEI is a thing or an issue.
He calls it "right-winger stuff."
We love Gomer.
Gomer doesn't believe DEI is a thing or an issue.
He calls it "right-winger stuff."
We love Gomer.
Companies cutting waste. No more cooperate welfare. All fake jobs eliminated. Stockholders have spokenFacebook/Meta is now done with DEI programs as well.
Gomer doesn't believe DEI is a thing or an issue.
He calls it "right-winger stuff."
We love Gomer.
Where is @Forever Fowl and all of his deep-seated wisdom as we watch the fall of horrific Progressive Policy and begin to try to wrap our minds around all of the damage it has done across the globe?
If I remember correctly, his last comments were tying Trump to Hannibal Lector.
If I remember correctly, his last comments were tying Trump to Hannibal Lector.
The "Wild-Eyed Hayride With The Karens" has now reached its inevitable conclusion.
What a ride it was for those like DeeDave and Forever Fowl.
What a ride it was for those like DeeDave and Forever Fowl.
10 days till the fat lady sings. Then the extreme price to pay begins. Smartest of the traitors have left already. Curious to see how many stay around
I'm getting more and more confused. DeeDave told me DEI isn't an issue - but rather something spun up in "right-winger" heads?
However, on top of the countless companies who have now denounced DEI initiatives, two of the largest companies in the world have just announced they are done with it as well?
What's going on here? DeeDave is typically spot on with his analysis.
For example, last year at this time (or possibly in 2023), California was in the news for it's latest crime wave.
As luck would have it, Dave was actually in Anaheim at that exact moment for a month's training with his company and informed us all that there was nothing to worry about because everything at Disneyworld was perfect and this was just more "right wing conspiracy theory."
We were all relieved. He always seems to be in the right place at the right time.
Come to think of it, where is Dave?
However, on top of the countless companies who have now denounced DEI initiatives, two of the largest companies in the world have just announced they are done with it as well?
What's going on here? DeeDave is typically spot on with his analysis.
For example, last year at this time (or possibly in 2023), California was in the news for it's latest crime wave.
As luck would have it, Dave was actually in Anaheim at that exact moment for a month's training with his company and informed us all that there was nothing to worry about because everything at Disneyworld was perfect and this was just more "right wing conspiracy theory."
We were all relieved. He always seems to be in the right place at the right time.
Come to think of it, where is Dave?
Lawrence Fuller is a money manager in the Carolinas whom I have lots of respect for. The only negative about him is that he is an insufferable Tar Heel fan. I used to subscribe to his service. But now, I manage my portfolio on my own. He recently wrote: "Trump inherits a very strong economy, record-high market and housing wealth, low unemployment, rising wages at a rate not seen since the 1990s. Inflation has significantly decreased. from 9.1% to 2.7% over the past 2 years. Since early 2023, wage growth has exceeded the rate of inflation. The economy has expanded better than 2.5% for the 6th quarter in a row, which has not happened in 2 decades. "
"The elephant in the room", Lawrence writes, " is our federal government debt and ongoing deficits which are growing at an unsustainable rate. The market will likely be the arbiter on this subject."
I have been saying the above about our debt and deficits for awhile. In fact, I have written here that we will have a debt crisis during the Trump term, probably within 2 years. To be clear, neither Trump nor Harris talked about this unsustainable debt and deficits during the campaign. BOTH Trump and Harris made proposals that would worsen the situation. Now Musk is admitting that a $2 trillion cut in federal spending is unlikely (something I wrote on this site many weeks ago). Extending the Trump tax cuts will add $5 trillion to our nation's debt. BOTH Republicans and Democrats are responsible for what I expect to have a DEBT Crisis in the VERY near term. While BOTH parties are responsible, the Republican party will be blamed predominantly and hugely since they will have control of the White House and Congress. The only impact on me will be on investments because I am a retiree. I don't have to worry about my job and supporting a family. Investment portfolios will take a huge hit in a debt crisis. I hope I'm smart enough to shelter mine in the right places.
I know this is a political thread. But politics and investments intertwine. So, I will just add this: I suspect that the next decade has the potential to be the most challenging investment landscape in a generation to navigate. I hope I'm around to navigate it, rather than 6 feet under. Good luck to us all.
"The elephant in the room", Lawrence writes, " is our federal government debt and ongoing deficits which are growing at an unsustainable rate. The market will likely be the arbiter on this subject."
I have been saying the above about our debt and deficits for awhile. In fact, I have written here that we will have a debt crisis during the Trump term, probably within 2 years. To be clear, neither Trump nor Harris talked about this unsustainable debt and deficits during the campaign. BOTH Trump and Harris made proposals that would worsen the situation. Now Musk is admitting that a $2 trillion cut in federal spending is unlikely (something I wrote on this site many weeks ago). Extending the Trump tax cuts will add $5 trillion to our nation's debt. BOTH Republicans and Democrats are responsible for what I expect to have a DEBT Crisis in the VERY near term. While BOTH parties are responsible, the Republican party will be blamed predominantly and hugely since they will have control of the White House and Congress. The only impact on me will be on investments because I am a retiree. I don't have to worry about my job and supporting a family. Investment portfolios will take a huge hit in a debt crisis. I hope I'm smart enough to shelter mine in the right places.
I know this is a political thread. But politics and investments intertwine. So, I will just add this: I suspect that the next decade has the potential to be the most challenging investment landscape in a generation to navigate. I hope I'm around to navigate it, rather than 6 feet under. Good luck to us all.
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Stock - I'm sorry but Fuller is lost. It's very obvious that the Biden Administration has been cooking the books. I've posted many articles about this over the past couple of years. They lie about absolutely everything and were manipulating the figures especially at the end in their bid for re-election. Here's an ex-CEO from Blackrock from last month: https://www.zerohedge.com/political...nheriting-turd-economy?utm_source=chatgpt.com
Secondly, the stock market and actual positive portions of the economy have been artificially inflated by all of the money printing since 2008. This was the exact reason Bitcoin was launching - because of this slight-of-hand fraud. I've been posting that FRED debt service chart since I started this account back in 2021 - but it's been relevant since Obama's ridiculous bank bubby bailouts in 2009.
Even though they are receiving a terrible setup, we have what appears to be a very smart administration coming in with many innovative ideas on both offense (tariffs, exports, oil, crypto, oil, etc.) and defense (New Department of Government Efficiency, Bitcoin Reserve, etc.). AI and Crypto are getting ready to explode over the next 5-10 years and Trump is prepared to have us at the forefront of this new gold rush. In direct contrast, the Biden Administration did everything in their power to kill Bitcoin and censor AI.
Ward, the books are always "cooked" when the numbers say what we don't want.
Zero Hedge is rated as an "extreme right-biased conspiracy website based on the promotion of false/ misleading/debunked information that routinely denigrates the left."
--- Media Bias/Fact Check ---
We will see what the stock market and economy does from now on forward. As I have said before, I'm pulling for the stock market and economy to do well. But, I obviously have my doubts, as stated previously.
And regarding bitcoin, I have 2 portfolios: one a long-term and the second, a swing portfolio. I'm short bitcoin in my long-term portfolio. In my swing portfolio, I will be looking for a short entry on a bounce. As I said awhile back, looking into later 2025 and 2026, I fully expect a minimum 50% pullback from ATHs. I know you disagree. But, that's what makes a market.
I agree with you generally with the except regarding the claim that the tax cuts will add to the deficits. That is simply not true. After the tax cuts (with the exception of the 2020 Covid year) our revenues have been in an upward trajectory. in 2022 while still under the Trumps tax act we had the highest revenues this country has ever had at $5.2 Trillion. In 2024 we had $4.92 Trillion which is still much higher than before the tax act. When revenues are ever increasing it is impossible for them to cause a deficit. Deficits are caused by one thing and one thing only - irresponsible spending. While revenues have been increasing spending has been increasing at even a greater rate under the Biden Administration. That is where the problem lies. Even after Covid in 2021 the government spent $7.84 Trillion while bring in $4.65 Trillion ( which was the most revenue ever rec'd in history to that point). In 2024 they spent $6.75 Trillion while bringing in $4.92 trillion. It is crystal clear where the problem is.
I am going by what the Congressional Budget Office analyses finds regarding blowing a hole in the deficit. And do we know how much of the previous increase in revenue was due to checks going out for covid relief, which circulated money throughout the economy in a "multiplier effect"? To be clear, as I stated the other day: I'm fully on board with cutting taxes. Just cut spending (which I think you agree) with it at a 1x1 rate.
The CBO could be wrong. But do we really want to take that chance? If we have a debt crises, unemployment could skyrocket. I don't want that. No one should. I don't have a job at stake. But I have family and friends that do. That worries me. By all means, I want spending cut. Let's go slow on tax cuts. Let's get spending under control first.
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GCF2021, I agree with you 100%.Consequently I am all for cutting spending. I want DOGE to succeed. I may be the oldest person on this site. I remember the Grace Commission under President Reagan, who, by the way, I VOTED FOR that was supposed to whack wasteful government spending. President Reagan was way to the "right" back in the day. The more things change, the more they stay the same, it seems to me. Maybe that's why I am skeptical.
Stock - They've publicly been forced to edit their initial figures heavily over the course of the last four years. These aren't small edits either. We've never seen anything like it. I've documented some of this on the Bitcoin Thread if you're interested.
Please stop with the silly fact checks. We all know now they mean exactly the opposite of what they say.
Zero Hedge has an excellent reputation throughout the industry.
Ward, we will just have to agree to disagree.Stock - They've publicly been forced to edit their initial figures heavily over the course of the last four years. These aren't small edits either. We've never seen anything like it. I've documented some of this on the Bitcoin Thread if you're interested.
Please stop with the silly fact checks. We all know now they mean exactly the opposite of what they say.
Zero Hedge has an excellent reputation throughout the industry.
I hope Trump succeeds. But I am doubtful.
Break it down for us Humanities. How is inflation not a symptom of overspending/money printing?
She would have never been my top choice. I'm more in the Beshear/Shapiro camp, maybe....maybe Chris Murphy or even Pete Buttigieg. But over Trump....I would still go for her. Just did not have good choices this year.
Money flowing through the economy whether by government spending or tax cuts, is going to cause inflation. To me, that's not debatable.
I ain’t got time to teach you that. I’m still trying to help you understand that just because I have more dollars today doesn’t mean it’s worth more money than 5 years ago.
I wish I could find it. But there was an article I read on MarketWatch in 2018 or so by some economics professor who said and showed that inflation goes in 30-35 year cycles and that we were about to enter it. What happened? Inflation in 2021. Of course, it has slowed in the past couple of years. Will it pick up? Stay tuned.
Could you please explain how inflation is only one sided? How does it affect expenditures and not revenues? Speaking of not understanding......
