The feds’ deficits are clearly a mistake But it will take many years for the harm to show up. The consequences, such as they are, will likely fall on our children and grandchildren, not on ourselves.
My late father-in-law said it best: "Give people some kind of roof over their heads and guaranteed access to food, and 90% of them will not get out of bed in the morning." The politicians know this and trade on it. It's called "welfare", but it's actually vote-buying, and it's why our deficits are so totally out of control. All of the social "programs" assure votes. Best always. PM
Paul-your father in law was 100% correct. The politicians ONLY concern is to be re-elected. I get 10 emails a day from people running for office or reelection asking for donations.
As my dad would say, “Son, do you know how to double your money?” The humor only works 1 time… “…fold it in half and put it back in your wallet”. I’m hard pressed to give a politician even a buck folded in half.
My BPR subscription ends soon. I will welcome a hello from you on my Random Ricochets substack under this same user name.
Mark, please tell me how to use a substack, and I will be happy to join you over there. I beg and plead with all substackers to tell me how it works, and nobody answers. Many thanks. PM
Then, from time to time, I will “convert” some paper IOU greenbacks monopoly “currency” into real (sound) “money” gold, silver or platinum (& Pt is about 1/2 the price of Au and 10X more scarce in the earths crust)…Byron King can fact check me on that, please.
I’ve been converting those worthless greenbacks into silver bullion and gold for the past 5yrs or so. The wife loves jewelry and we have a great jeweler who sells us some really great pieces before he melts them down, so that’s been fun for her!!!
Because it sells subscriptions; that's why. You have to have a hook for someone to hang a hat! There are four basic "buying" emotions: 1) desire for profit, 2) fear of loss, 3) satisfaction of ego, and 4) comfort and convenience. Mr. Bonner is a past master at combining the first two. Best always. PM
P.S. For the record, I am in most all buying situations a #4, a comfort and convenience buyer. I want what I buy to cover most, if not all, the bases. I want a turn-key, no-hassle experience. I'll pay more to get it. PM
Remember the old Buddy Holly song "Tell Me How"? Tell me how to use a substack and the rationale for it! It's taken me all of my life to understand a website and e-mail! Please help. Best always. PM
And indeed I did. That was always a real toe-tapper. Buddy Holly just always seemed to be having such a good time on his recordings. I think that innocent joy he conveyed was a big part of his draw. Thanks for sending. Best always. PM
MP has doubled since last week and tripled since May. How is that helpful to us today by even bringing it up? To rub our noses in it? Maximum Safety Fools, Full Speed Ahead!!!
How do you think that phone call went after the federal government took a fiur million dollar position. And somebody later called apple suggesting they participate. Who could have known how that stock would break out.
"President Trump Challenges the Congress to Balance the Budget
Now that the One Big Beautiful Bill has passed, Congress has set its sights on an even more ambitious long-term project. This new project will require five to seven years of creativity, thoughtfulness, and ingenuity: balancing the federal budget and beginning to pay down the national debt." -- From Gingrich 360 this morning
It looks like Bill's shtick might hit a bump in the road.
Howdy Brother, I unpaused my BPR subscription to say hello to you and some others.
As an aside, I think it regrettable (albeit expedient) that our Congress delivered to us an omnibus bill. I understand what POTUS 47 (Disruptor Donald) is up to and mostly agree.
Congress ought to stick to its business in "regular session" as mandated by the Constitution (or law).
Most of the public doesn’t realize, these (reconciliation) sessions are “special or extraordinary” sessions, which are convened to address specific issues (because our lawmaker legislator reps and senators) are a bickering henhouse outside the regular schedule do not or cannot get s#%! done for the American people due to ideology.
Best Regards
Mark
P.S. my BPR subscription ends in about a week and if you (and others) want, feel free to say hello on my Random Ricochets substack.
“Deportations will lower the supply of labor.”…ok, fine. Can we compromise and at least deport to the point where we don’t have to “Press 1 for English” anymore?
I agree that the deficit is not a good thing. We should never spend more than we make. However, you mention the removal of ‘illegal’ immigrants having an effect on our GDP. How about reducing welfare by having work for welfare from our citizens. I still believe that the Trump administration is currently cleaning the mess of previous administrations and eventually will tackle the deficit. It is not an easy task as one of our colleagues mentioned that cutting welfare will actually cause you to lose your job in our government. We are between a rock and a hard place because the welfare recipients would never vote for people that want to take it away from them. Blame Lyndon Johnson for starting the rolling ball for our country going down hill.
When I was a kid watching those in RE-RUNS (just saying...) I always thought Wimpy was running a scam, but little did I know he was prepping me for the "new reality"... LMAO Best always. PM
New occasions teach new duties; time makes ancient good uncouth. -- James Russell Lowell (1845)
So let's see. Banning illegal aliens from receiving Medicaid and requiring able bodied Americans to work or show proof of attempting to obtain gainful employment to receive Medicaid is "kicking people off Medicaid"?
Don't be misled by raw numbers... At first pass, yes... Japan spends "only" about 1.8% of GDP on defense, far less than USA... And has a very credible military force under arms for the money. See: https://english.kyodonews.net/articles/-/53294
One obvious angle on this is that Japan has significant US forces located there, so US "defense" is Japan defense as well.
Meanwhile, the industrial fact is that Japan has much of its defense sector hiding in plain sight within its "non-defense" economy. Eg... Excellent shipbuilding and aerospace capabilities. Large capacity for ground vehicles. All of the necessary enabling systems such as machinery and electronics. Long & deep supply chains that go back to mines & mills... although Japan imports much of its primary energy (oil, gas, coal, uranium), as well as almost all minerals & ores....
At the boots-on-deck level, Japan boasts of superb cadre officers and senior non-comms, with the ability to raise, train & equip larger armed forces if necessary. Routinely, Japanese forces confront Chinese military assets in the air, at sea, and under the waves. It's quite an advanced and evolved military ecosystem over there.
If MP is a clear signpost to future investment action by USG and others, what other rare earth investment opportunities are available? No point repeating ourselves about MP since there was no investment recommendation on it, shall we look ahead to other opportunities instead? For example, UAMY and PPTA are stibnite / antimony plays, what do Dan and Tom think of those?
I think this has 2 parts in the equation Mike. I follow several thought leaders & read on ✖️as follows:
▫️ Gov't looking to take direct equity in critical mineral miners, and MP’s CEO is calling for some kind of deal(s) as a model & for other companies too
▫️ Apple partnered with MP Materials on a $500M deal for rare earth materials, boosting stock momentum. This partnership aligns with their effort to diversify supply chains for strategic components.
Pretty much a repeat of Denning’s Research Note today.
It is the USG involvement that concerns me. Consider the management of programs such as the F35 and 767 Tanker in the US, or the Canadian government's TMP cost.
Fair points. Here though management has to provide a standardised product with objective quality parameters and USG is a financier and price and supply terms are fixed so should derisk substantially?
Now I do not quite know how to take this that government is investing in business . Maybe I am old fashioned, but is this not contrary to free markets and capitalism. Somebody help Me out here!
It's for national defense. The Chinese have cornered the market.
When the auto makers in the u.S started building airplanes and tanks.Was that a free market capitalism? Of course not. I agree that government at any level should not be choosing winners and losers. There is a gaping wound however, it must be dressed
I agree with you, under normal circumstances. I’d say however that non-market methods and mercantilist practices deployed by one nation to drive out all competition from all nations to seize control of critical materials requires other nations to respond to revive these industries. Just my two cents
Better raise that to a nickel as pennies are not available now , Inflation!. Normal circumstances never seem to be around any where on this planet anymore. Normally caused by Our know it all politicians. So their solution is to interfere in the market place. Still does not quite sit that well with Me. I am am sure that You have heard the saying "give the government an inch and they will take a mile".
Family wealth is usually lost by the third generation unless you are very careful. Japan may be at the cusp of such a situation. My parents and our generation experienced and remember the dire conditions after losing the war. Unfortunately, our children, the third generation, were born during the economic bubble with undeserved luxury and entitlement.
The past 30 plus years have been a true blessing, though deemed otherwise. We acknowledged how lucky we were to be living in Japan and kept quiet about it so that the world would not know. The crash enabled us to buy homes in desirable areas and live a fairly comfortable life. Everything is changing I guess. The coming election will be the time for some of us to express our concerns over Japan increasing becoming a welfare state.
Bill, I'm still waiting for you to provide specifics about how you think the country's leaders should balance the budget. All you do is criticize. What programs should be slashed and over how many years? How many jobs will thus be eliminated? One million? Five million? Ten million? How long do you think this austerity situation will have to last? How would you weather the political storm that would almost certainly occur?
In the corporate world where I worked for decades, when you criticized the way another department ran something, your boss would always want you to provide alternative solutions with details before he or she ran with that criticism. You were the CEO of your company(ies), and I don't know how many departments you had, but you were okay with one department head blasting another department head over a problem without him/her providing alternative solutions to solve the problem?
If it is ADMITTED to be 30%, you KNOW it's 50% more at least. "A billion here, and a billion there, and pretty soon you're talking real money." (attributed to Everett Dirksen (1896-1969) former Senate Minority Leader from Illinois. Dirksen was a Republican! How long ago must that have been? Best always. PM
More leftist BS by Bills ghost writer, but as far as truth and common sense goes, Dan is spot on! Hopefully some of our sweet dear readers heard my METC recommendations a few weeks ago. You are happy, happy camper’s today🤑
He definitely did! Just doing what his readers pay him for, unlike the mostly BS Bills writers spew. I think Dan spoke about MP and METC many months ago also. Still enjoy BPR when Bill and Dan write, and always enjoy most of our fellow readers.
Hey brother, wishing you a comeback here, as we need more intelligent views in a quickly changing environment here on BPR. Seems more and more leftist are finding Bills ghost writer on par with their demented views. Losing more and more good Americans monthly here, and I think brother Starboard has finally had enough. I’ll stick around for Dan and the few times a month Bill hits his keyboard. Still enjoy our fellow Americans that continue to find it all entertaining. Hope all is well with you and yours and doing some fishing while we still can 🎣🎣
Indeed Steve, changes are coming at us all at scale, momentum and tempo which are a few of my reason for self publishing some actionable and some OSInt on my Random Ricochets substack.
You obviously don't understand our Welfare system. If you have a job and subsidized housing a hundred dollar raise will abruptly end the subsidy. Likewise, if you give people a job and don't watch them, many will do NOTHING. It doesn't matter whether they are on Welfare or not. Laziness is one of our cultural traits. I once took over for a well thought of manager and I discovered every employees performance plan had identical wording. It didn't matter that you were a new hire or had 10 years experience. I've seen this again and again in middle to upper management.
It is fair to say that some recipients have been institutionalized by the Welfare system. The issue is those on Medicaid will go to the Emergency room for none life threatening treatment. When uninsured or underinsured patients cannot pay, hospitals absorbs these costs. The Federal government has privatized Medicaid. I fully expect many hospitals to close.
Having been a bean-counter, in accounting jargon, an error is an honest mistake; on the other hand (probably the sinister left one) an irregularity is a dishonest one, indicating intent to sidestep internal controls to purloin company assets, almost always cash.
An old Ziggy cartoon. Ziggy sees the sign in the window that says "All you can eat." Upon receiving his bill, his shocked eyes turn to the sign in the window from behind. "FOR ALL YOU CAN PAY."
Mr Bonner is right about this in his closing remark, “The poor lawmakers had to decide. Which error, which sin, which mistake to make. Being fair about it, they make them all.”
“We all know what to do, but we don’t know how to get re-elected once we have done it.”
― Jean-Claude Juncker
And btw, it was a California (D) Assemblyman who coined the phrase, “…money is the mother’s milk of politics…”.
Nothing new about the aforementioned constructs.
The debt and deficit spending of countries all around the globe are unsustainable. A fact. Period
Governments everywhere are spendthrifts, right. And, the elected will NOT change until there is pain. That’s telegraphed in lots of different ways. I suppose, the examples are like a.) the French Revolution or b.) the American Revolution style. There are indeed others.
And oddly enough “leftists” in France sat on the left side of the room in France’s pre-revolution government. Those who desired more change, including supporters of the revolution and advocates for limiting the King's power, sat on the left side. This positioning of their seats became the origin of the terms "left" and "right" in political discourse.
If any of our fellow BPR readers are so inclined, take a detour to tuning into these which I (more or less) randomly post up to Random Ricochets substack under this same user name.
▫️ Jeff Deist: How the Big Beautiful Bill Fuels the Gold Trade...(July 14, 2025)
My late father-in-law said it best: "Give people some kind of roof over their heads and guaranteed access to food, and 90% of them will not get out of bed in the morning." The politicians know this and trade on it. It's called "welfare", but it's actually vote-buying, and it's why our deficits are so totally out of control. All of the social "programs" assure votes. Best always. PM
Paul-your father in law was 100% correct. The politicians ONLY concern is to be re-elected. I get 10 emails a day from people running for office or reelection asking for donations.
Only 10?
Hi Abe,
As my dad would say, “Son, do you know how to double your money?” The humor only works 1 time… “…fold it in half and put it back in your wallet”. I’m hard pressed to give a politician even a buck folded in half.
My BPR subscription ends soon. I will welcome a hello from you on my Random Ricochets substack under this same user name.
Cheers,
Mark
Mark, please tell me how to use a substack, and I will be happy to join you over there. I beg and plead with all substackers to tell me how it works, and nobody answers. Many thanks. PM
Hi Paul, You could start by clicking on the name Gone Fishin' on any of Mark's posts. That will take you to Mark's substack page.
Hi Paul,
Just dropped you a (DM) direct message with introductory information.
Don't blame you!
If a politician promised to make it illegal to campaign or beg money on my phone I would vote for him - even if his name was Karl Marx.
Yes and as far as gutting medicaid; Able bodyied people, screwing the medicaid system with fake disabilities, rather rich or poor, tend not to vote.
Making them work contribute to the GDP. The resulting savings should go to those who are truly in need.
....savings should go to paying down the deficit. Those "truly in need" should rely on charity, not theft from productive people. ....just saying.
If this is all going to fall on children, grandchildren or beyond, why the hell are we in Maximum Safety Mode? Sounds kind of ridiculous.
Why have such a huge cash position if the dollar bill is going to be worthless?!?
I ask myself the same question Mike.
Then, from time to time, I will “convert” some paper IOU greenbacks monopoly “currency” into real (sound) “money” gold, silver or platinum (& Pt is about 1/2 the price of Au and 10X more scarce in the earths crust)…Byron King can fact check me on that, please.
Regards,
M
I’ve been converting those worthless greenbacks into silver bullion and gold for the past 5yrs or so. The wife loves jewelry and we have a great jeweler who sells us some really great pieces before he melts them down, so that’s been fun for her!!!
What's your address?
Just kidding. Stay safe.
😂 instead of jewelry they’ll be collecting lead!
I excel there. Do I get points? Best always. PM
Because it sells subscriptions; that's why. You have to have a hook for someone to hang a hat! There are four basic "buying" emotions: 1) desire for profit, 2) fear of loss, 3) satisfaction of ego, and 4) comfort and convenience. Mr. Bonner is a past master at combining the first two. Best always. PM
P.S. For the record, I am in most all buying situations a #4, a comfort and convenience buyer. I want what I buy to cover most, if not all, the bases. I want a turn-key, no-hassle experience. I'll pay more to get it. PM
Hi Paul, Mark here. I unpaused my BPR subscription to say hello. You always have a good comments and an eye for the rational explanation.
My BPR subscription ends soon. If you want to stay in touch, say hello on my Random Ricochets substack on this same user name.
Cheers,
Mark
Remember the old Buddy Holly song "Tell Me How"? Tell me how to use a substack and the rationale for it! It's taken me all of my life to understand a website and e-mail! Please help. Best always. PM
https://m.youtube.com/watch?v=kDgwLi2b2o8
Enjoy!
And indeed I did. That was always a real toe-tapper. Buddy Holly just always seemed to be having such a good time on his recordings. I think that innocent joy he conveyed was a big part of his draw. Thanks for sending. Best always. PM
My thoughts exactly, Mike…feeling like a fool now for being in that “mode”
😂 and our shipping stocks can’t even take advantage of it because those precious metals aren’t going anywhere, other than the USA 🇺🇸
I guess that once the tarrifs kick in and manufacturing returns to the USA there will be much less shipping?
I'm only being half sarcastic...
Yup….
MP has doubled since last week and tripled since May. How is that helpful to us today by even bringing it up? To rub our noses in it? Maximum Safety Fools, Full Speed Ahead!!!
Exactly. I just went and looked at. Lovely…Another missed ship that has sailed…siggghhhh
Hey Sluggo, we should start a newsletter. Even a dummy like me can tout stocks that have already tripled!!!
LOLOL
How do you think that phone call went after the federal government took a fiur million dollar position. And somebody later called apple suggesting they participate. Who could have known how that stock would break out.
Can't save for sure.But he might be an orange man
"President Trump Challenges the Congress to Balance the Budget
Now that the One Big Beautiful Bill has passed, Congress has set its sights on an even more ambitious long-term project. This new project will require five to seven years of creativity, thoughtfulness, and ingenuity: balancing the federal budget and beginning to pay down the national debt." -- From Gingrich 360 this morning
It looks like Bill's shtick might hit a bump in the road.
Howdy Brother, I unpaused my BPR subscription to say hello to you and some others.
As an aside, I think it regrettable (albeit expedient) that our Congress delivered to us an omnibus bill. I understand what POTUS 47 (Disruptor Donald) is up to and mostly agree.
Congress ought to stick to its business in "regular session" as mandated by the Constitution (or law).
Most of the public doesn’t realize, these (reconciliation) sessions are “special or extraordinary” sessions, which are convened to address specific issues (because our lawmaker legislator reps and senators) are a bickering henhouse outside the regular schedule do not or cannot get s#%! done for the American people due to ideology.
Best Regards
Mark
P.S. my BPR subscription ends in about a week and if you (and others) want, feel free to say hello on my Random Ricochets substack.
Thanks Mark, will do. I think my BPR ends in August or September. Be nice to keep in touch
Sounds like a party getting ready to blow over at Random Ricochets. I think we've got enough for a dice game already. Best always. PM
Yup, for those dice rollers (who are lucky enough), can sell back GI rations of cigarettes and pogey bait with a small [60%] bump 😳😅🤣🙄
Maybe that's why the japanese aren't having children. No problem!
Thanks for my laugh of the day! Somebody ALWAYS comes through. Best always. PM
“Deportations will lower the supply of labor.”…ok, fine. Can we compromise and at least deport to the point where we don’t have to “Press 1 for English” anymore?
I agree that the deficit is not a good thing. We should never spend more than we make. However, you mention the removal of ‘illegal’ immigrants having an effect on our GDP. How about reducing welfare by having work for welfare from our citizens. I still believe that the Trump administration is currently cleaning the mess of previous administrations and eventually will tackle the deficit. It is not an easy task as one of our colleagues mentioned that cutting welfare will actually cause you to lose your job in our government. We are between a rock and a hard place because the welfare recipients would never vote for people that want to take it away from them. Blame Lyndon Johnson for starting the rolling ball for our country going down hill.
For those old enough to have enjoyed the Popeye cartoon, I quote the philosopher Wimpy. “I would gladly pay you Tuesday for a hamburger today!”
When I was a kid watching those in RE-RUNS (just saying...) I always thought Wimpy was running a scam, but little did I know he was prepping me for the "new reality"... LMAO Best always. PM
New occasions teach new duties; time makes ancient good uncouth. -- James Russell Lowell (1845)
So let's see. Banning illegal aliens from receiving Medicaid and requiring able bodied Americans to work or show proof of attempting to obtain gainful employment to receive Medicaid is "kicking people off Medicaid"?
Winning. Sign me up. More please. MAGA baby.
It would be interesting to know what the Japanese spent their deficits on. They don’t have a big ludicrous defense budget.
Don't be misled by raw numbers... At first pass, yes... Japan spends "only" about 1.8% of GDP on defense, far less than USA... And has a very credible military force under arms for the money. See: https://english.kyodonews.net/articles/-/53294
One obvious angle on this is that Japan has significant US forces located there, so US "defense" is Japan defense as well.
Meanwhile, the industrial fact is that Japan has much of its defense sector hiding in plain sight within its "non-defense" economy. Eg... Excellent shipbuilding and aerospace capabilities. Large capacity for ground vehicles. All of the necessary enabling systems such as machinery and electronics. Long & deep supply chains that go back to mines & mills... although Japan imports much of its primary energy (oil, gas, coal, uranium), as well as almost all minerals & ores....
At the boots-on-deck level, Japan boasts of superb cadre officers and senior non-comms, with the ability to raise, train & equip larger armed forces if necessary. Routinely, Japanese forces confront Chinese military assets in the air, at sea, and under the waves. It's quite an advanced and evolved military ecosystem over there.
It seems to be the best defense, like America before WW2.
Hello Byron, I unpaused my BPR subscription to say hello.
I’ve always enjoyed your perspectives.
I am following and look forward to reading from you on “The Daily FWD”.
Best Regards
Mark
P.S. my BPR subscription ends in about a week. If you are so inclined, say hello on my Random Ricochets substack.
Thanks!
If MP is a clear signpost to future investment action by USG and others, what other rare earth investment opportunities are available? No point repeating ourselves about MP since there was no investment recommendation on it, shall we look ahead to other opportunities instead? For example, UAMY and PPTA are stibnite / antimony plays, what do Dan and Tom think of those?
Exactly, MP materials would have been a fantastic if it had been recommended back in May. Why bring it up now?
I think this has 2 parts in the equation Mike. I follow several thought leaders & read on ✖️as follows:
▫️ Gov't looking to take direct equity in critical mineral miners, and MP’s CEO is calling for some kind of deal(s) as a model & for other companies too
▫️ Apple partnered with MP Materials on a $500M deal for rare earth materials, boosting stock momentum. This partnership aligns with their effort to diversify supply chains for strategic components.
Pretty much a repeat of Denning’s Research Note today.
Regards,
Mark
PPTA has been very good for me! You didn’t ever see it recommended here, as they’ve been in Maximum Safety Mode for years!
Hindsight is always 20-20 LOL.
It is the USG involvement that concerns me. Consider the management of programs such as the F35 and 767 Tanker in the US, or the Canadian government's TMP cost.
Fair points. Here though management has to provide a standardised product with objective quality parameters and USG is a financier and price and supply terms are fixed so should derisk substantially?
Now I do not quite know how to take this that government is investing in business . Maybe I am old fashioned, but is this not contrary to free markets and capitalism. Somebody help Me out here!
It's for national defense. The Chinese have cornered the market.
When the auto makers in the u.S started building airplanes and tanks.Was that a free market capitalism? Of course not. I agree that government at any level should not be choosing winners and losers. There is a gaping wound however, it must be dressed
I agree with you, under normal circumstances. I’d say however that non-market methods and mercantilist practices deployed by one nation to drive out all competition from all nations to seize control of critical materials requires other nations to respond to revive these industries. Just my two cents
Better raise that to a nickel as pennies are not available now , Inflation!. Normal circumstances never seem to be around any where on this planet anymore. Normally caused by Our know it all politicians. So their solution is to interfere in the market place. Still does not quite sit that well with Me. I am am sure that You have heard the saying "give the government an inch and they will take a mile".
"Don't look, Ethel!" (Ray Stevens, "The Streak") Best always. PM
Family wealth is usually lost by the third generation unless you are very careful. Japan may be at the cusp of such a situation. My parents and our generation experienced and remember the dire conditions after losing the war. Unfortunately, our children, the third generation, were born during the economic bubble with undeserved luxury and entitlement.
The past 30 plus years have been a true blessing, though deemed otherwise. We acknowledged how lucky we were to be living in Japan and kept quiet about it so that the world would not know. The crash enabled us to buy homes in desirable areas and live a fairly comfortable life. Everything is changing I guess. The coming election will be the time for some of us to express our concerns over Japan increasing becoming a welfare state.
Bill, I'm still waiting for you to provide specifics about how you think the country's leaders should balance the budget. All you do is criticize. What programs should be slashed and over how many years? How many jobs will thus be eliminated? One million? Five million? Ten million? How long do you think this austerity situation will have to last? How would you weather the political storm that would almost certainly occur?
In the corporate world where I worked for decades, when you criticized the way another department ran something, your boss would always want you to provide alternative solutions with details before he or she ran with that criticism. You were the CEO of your company(ies), and I don't know how many departments you had, but you were okay with one department head blasting another department head over a problem without him/her providing alternative solutions to solve the problem?
Closing 60/70 military bases around the world might be a good place to start, Frank
Besides your sources are in dire question, Bill. Who cares about main stream media's ideas which are primarily to take your money and freedoms.
P.S. if I read correctly 30% of our country is on some kind of welfare. That is more than 100 million people.
If it is ADMITTED to be 30%, you KNOW it's 50% more at least. "A billion here, and a billion there, and pretty soon you're talking real money." (attributed to Everett Dirksen (1896-1969) former Senate Minority Leader from Illinois. Dirksen was a Republican! How long ago must that have been? Best always. PM
More leftist BS by Bills ghost writer, but as far as truth and common sense goes, Dan is spot on! Hopefully some of our sweet dear readers heard my METC recommendations a few weeks ago. You are happy, happy camper’s today🤑
MP materials would have been a fantastic recommendation, BACK IN MAY!!! For the record, I believe Doug Casey DID recommend it!!!
He definitely did! Just doing what his readers pay him for, unlike the mostly BS Bills writers spew. I think Dan spoke about MP and METC many months ago also. Still enjoy BPR when Bill and Dan write, and always enjoy most of our fellow readers.
Dan mentioned DLTR and PLTR and they exploded. He also likes and uses RSI for trading.
Howdy Brother, I unpaused my BPR subscription to say hello & to wish you well.
Best Regards
Mark
P.S. my BPR subscription ends in about a week and if you (and others) want, feel free to say hello on my Random Ricochets substack.
Hey brother, wishing you a comeback here, as we need more intelligent views in a quickly changing environment here on BPR. Seems more and more leftist are finding Bills ghost writer on par with their demented views. Losing more and more good Americans monthly here, and I think brother Starboard has finally had enough. I’ll stick around for Dan and the few times a month Bill hits his keyboard. Still enjoy our fellow Americans that continue to find it all entertaining. Hope all is well with you and yours and doing some fishing while we still can 🎣🎣
I’m with you re: Dinning & Dyson.
Indeed Steve, changes are coming at us all at scale, momentum and tempo which are a few of my reason for self publishing some actionable and some OSInt on my Random Ricochets substack.
You obviously don't understand our Welfare system. If you have a job and subsidized housing a hundred dollar raise will abruptly end the subsidy. Likewise, if you give people a job and don't watch them, many will do NOTHING. It doesn't matter whether they are on Welfare or not. Laziness is one of our cultural traits. I once took over for a well thought of manager and I discovered every employees performance plan had identical wording. It didn't matter that you were a new hire or had 10 years experience. I've seen this again and again in middle to upper management.
It is fair to say that some recipients have been institutionalized by the Welfare system. The issue is those on Medicaid will go to the Emergency room for none life threatening treatment. When uninsured or underinsured patients cannot pay, hospitals absorbs these costs. The Federal government has privatized Medicaid. I fully expect many hospitals to close.
Having been a bean-counter, in accounting jargon, an error is an honest mistake; on the other hand (probably the sinister left one) an irregularity is a dishonest one, indicating intent to sidestep internal controls to purloin company assets, almost always cash.
To extend your thought,
An old Ziggy cartoon. Ziggy sees the sign in the window that says "All you can eat." Upon receiving his bill, his shocked eyes turn to the sign in the window from behind. "FOR ALL YOU CAN PAY."
Mr Bonner is right about this in his closing remark, “The poor lawmakers had to decide. Which error, which sin, which mistake to make. Being fair about it, they make them all.”
“We all know what to do, but we don’t know how to get re-elected once we have done it.”
― Jean-Claude Juncker
And btw, it was a California (D) Assemblyman who coined the phrase, “…money is the mother’s milk of politics…”.
Nothing new about the aforementioned constructs.
The debt and deficit spending of countries all around the globe are unsustainable. A fact. Period
Governments everywhere are spendthrifts, right. And, the elected will NOT change until there is pain. That’s telegraphed in lots of different ways. I suppose, the examples are like a.) the French Revolution or b.) the American Revolution style. There are indeed others.
And oddly enough “leftists” in France sat on the left side of the room in France’s pre-revolution government. Those who desired more change, including supporters of the revolution and advocates for limiting the King's power, sat on the left side. This positioning of their seats became the origin of the terms "left" and "right" in political discourse.
If any of our fellow BPR readers are so inclined, take a detour to tuning into these which I (more or less) randomly post up to Random Ricochets substack under this same user name.
▫️ Jeff Deist: How the Big Beautiful Bill Fuels the Gold Trade...(July 14, 2025)
Monetary Metals...
https://youtu.be/AVeb4V_ZCmE
▫️ Ray Dalio on X re: USA debt @ 7-7.5 times government revenue…in 10 years. https://x.com/RayDalio/status/1945154546134659178
▫️ This Dollar Setup Has Only Happened Twice in 20 Years on Brent Johnson Milkshakes Podcast - https://youtu.be/hf5kF-wBx8Q
Sayonara, for now.
Mark