The stock market is said to be worth 200% of GDP. Where did that money come from? From the feds, of course. They hoodwinked the whole system with their fake credit-dollars and low rates.
Better sell your shares quickly and get ahead of the big players like BlackRock and others because at some point it's going to be obvious the big idea is going to be holding onto those gains. Those gains from AI, quantum computing, big tech, big pharma and other concepts developed by the primary holders of those securities. You know: the guys buying out the gov, those holding that 90% of that wealth, and censoring any idea that goes against their OVERALL plans. You also know the same ones that own MSM. The plans I can't possibly enumerate here.
Is the stock market drastically overvalued and concentrated? Is the economy faltering? Gold may be a much better option as the consortium crumbles. Is it crumbling? Well gold is rising and the dow/gold ratio is falling, the percentage of wealth held by foreign entities, in US treasuries, is falling (dropping 30% since 2015), EU "leaders" are being removed from office, Ukraine has lost its war despite Western supplies. support and unlimited credit. Israel's situation isn't looking that great, Kamala has changed her positions to line up with Trump's, Zuckerberg had decided he needs to realign his position probably for his own safety, covid policy is obviously under attack, the globalists are making their last ditch efforts but the world isn't falling for it (AFD won more votes than the existing leadership) and the remaining elections in 2024 may just indicate who society has chosen as to where it wants to go. Just saying.
Great comment, Mac. Issue: At the end you assume the dimocrat communists won't be successful in their blatant and obvious plan to steal the Presidency - again...
I'm not really assuming anything. I'm just saying their globalist oligarch position is weakening and a huge percentage of society understands their plan so,...
I hope the percentage of Society that is awake includes enough men and women of Action so that we actually have a chance to save this circus.
I keep arguing with my brother this week because his attitude is "Sure, so all that stuff is true - so what and what are you gonna do about it?"
I don't have concrete answers but at least I am awake, forewarned and in the process of developing an action plan. I have reminded him that his attitude is like the attitude of most Colonists in 1775 as the British started to tax them at 2%, closed down particular newspapers, lodged English soldiers in their homes and disappeared many Patriots in the middle of the night. I tell my brother it only took 3% of the population being committed to begin securing the great Country we once had. I believe THAT is what scares the crap out of our enemies who are destroying us from within...
No one has concrete answers but it is clear our psychopathic leadership or the globalist psychopathic leadership is getting desperate with constant escalation. They might prefer their own destruction, along with everyone else's, rather than giving up power.
The events and statements coming out of Russia in the last 72 hours support your claim.
Wake up, folks. We can't do dick about it, but at least be aware that major war is just around the next bend. All for a "country" called Ukraine that we are NOT allied with and where we have ZERO strategic interest. Those facts will not stop our "leaders" from ultimately sacrificing our young people...
I don't think the idea of the institutional money selling out would be an issue, because most of their "investments" in stocks are through index funds. Unless the holders of those index fund "investments" redeem their shares, the custodian won't be able to sell them.
Fiat currency.........what an elixir. For the World it has become the drug of choice. And, the cartel wheeling the best drugs has been the U.S. for close to 80 years. The problem is fiat currency is more addictive than most hard drugs. But, it too has its limits and eventually exhausts its host - in fiat currency's world that is nations living on them. The World's problem today is all are addicts to free money. It is ending and it is going to be ugly. The "hoodwinked" are waking up and a new dawn is upon us. Don't fight it.......figure out how to deal with it if you can - most can't. The Reality of fiat currency has arrived.
You commented on one of my comments on Tom's writings. You mentioned Ichimoku cloud. I know about it. I don't know how to read it. What is the crossover from the colors indicating to happen? I asked twice for your help and I'm disappointed that you ignored my question.
Please accept my apologies Pete. I did not intentionally ignore you. An unintended oversight on my part. I will reply right here with an edit P.S. for you specifically.
Bye for now.
Mark
P.S.
Pete, my response will likely be wholly inadequate. Substack is arguably the best of the worst ways for us to communicate. It is easy to make contact, not so much for genuine communication. So here goes.
It helps to have a couple of charts of your own choosing to experiment with. I’d choose to compare a runner and a dog. The difference in the “clouds” will appear drastically different.
The (greenish & reddish) cloud elements are a key part of the indicator. When I create [stockcharts.com] my own chart(s), I display price points in the background.
Now, back to the Ichimoku cloud basics.
▫️ When the price is “below” the cloud, the trend is “down”.
▫️ When the price is “above” the cloud, the trend is “up”.
▫️ The aforementioned [up\down] trend signals are “strengthened” if the (greenish & reddish) cloud is moving in the same direction as the price.
Good luck Pete. And as the idiom states soberingly, “…don’t invest cash you will need in 5 years…”
Once upon a time, I enrolled in a class that Investors Business Daily hosted for DIY individual investors. It was a classroom setting over many consecutive weekends. I invite you and others who are so inclined to seek out such opportunities.
And, I have spent alot of tel-con call time with Q&A with my brokers (Fidelity & Schwab) talking with personnel dedicated to helping their customers to be successful. The brokers have dedicated professionals; such as some on the bond desk, or some on the options trade desk or fixed income desk, etc.
Hi, I'm glad you will answer .I consider you as one of the more knowledge subs on PBR and look always forward to your comments. I know I'm old but as long as the brain works I can learn.
I'm very happy with what I developed myself over the years. But I always like to learn. I have used P&F charts before but I find what I'm now using more precise and easier to read. Now to VDE .The system I use showed me
the first possible reversal point. I got filled at 116 .65. Now at 120 . Just incase I had an order in a little lower. My charts like P&F chart showed the next possible buy point at 108 and the next at around 100. 100 would also be a double bottom and in my view a major buy. Those are trading shares. As soon as they hit the the upper Keltner Channel I will sell.
I use Stock chart com extra. A year ago I started to subscribe to their number 1 Public Chart list. Above the green Line..And now I'm in 7th heaven. I like to trade and they make my cash register wring constantly They have a free service but for 45$ a month you get their recommendations on the computer and the phone (buy and sell )
1. Isn't it odd (coincidental, I'm sure) that the fake gains are almost exactly equal to our National Debt? Relax - I realize that they are two very different things and not "directly" related, but still, kinda weird.
2. It could easily be argued that in the eyes of Joe/Jane America, the Debt is fake as well. After all, what did the average Citizen get for all that deficit spending? Can anyone put their hand on or point at some benefit they received as a RESULT of us going into so much Debt as a Country?
Thanks - I've kept reading comments about "where the money goes" when the market goes down, but you've finally explained the other side of the seesaw. We keep thinking that it's actual cash that sloshes around between the top 10 and the rest of the world, and forget that cash is just a means of exchange to turn one asset into another. "Value" or "worth" can be measured by how much actual cash you can get in exchange, or in relative terms against another asset that you exchange yours for. Debt is an asset to the creditor, supposedly making the balance sheet bigger if the creditor assumes it will be paid back. But it doesn't mean that creditor can exchange all its assets or even its stock, for cash. And it doesn't mean that the creditor will be able to acquire the same amount of goods and services when the debt is repaid as it could when it lent the money. Why in the hell would anyone lend the US Treasury money for even 2 years? You won't be able to exchange the repayment for anywhere near what you can do with that "money" today, much less 30 years from now. Unless as you say we magically figure out how to create a whole lot more goods and services than what's available now.
This all feels like being the boy watching the Emperor's motorcade and seeing that not only is he not wearing any clothes, he's a skeleton being propped up by Nancy Pelosi.
Hi Anne, your punchline in the last paragraph is a 💯brilliant little gem 💎 thank you.
Keep them coming here on BPR.
Best Regards,
Mark
P.S. Too, I miss your fuel for thoughts here on BPR as well. And, invite your thoughts here on BPR re: $WTIC’s bottom handle pivot point if you have one.
"One way or another, it has to go away." Yes, this truism is oft recited here. The real key is never provided: WHEN does it go away? We're 50+ years removed from Nixon's closing of the gold-redemption window. "What if this is as good as it gets?" asked the cad-who-gets-a-conscience character played by Jack Nicholson in 1997's "As Good As It Gets." What's the difference if I die before it all "goes away"? So far as its effect on me personally goes, in that case, I can legitimately argue 1) it NEVER went away, and 2) it broke the law of cause and effect. Look, we know the chicken came first and why. We know the falling tree made a sound even if we weren't there to hear it. It's the net effect in which each of us is vitally interested that generally carries the day. Just sayin'. Best always. PM
I really like reading you Paul. Your ‘78 film mention “As good as it gets” reminds me of a real life California character, Howard Jarvis; a former newspaper publisher and political activist who stirred up a movement.
In essence a (proposition) ballot referendum, officially known as the People’s Initiative to Limit Property Taxation (a.k.a. Prop 13); a grassroots mobilization which secured over 1.5 million signatures from concerned citizens who wanted relief from high property taxes. This grassroots effort was crucial in building momentum leading up to the vote.
The infamous campaign (it took about a decade without flames and riots) passed with nearly 2/3 of California voters supporting it. The proposition capped property taxes at 1% of assessed value and limited annual increases in assessed value to no more than 2%. This landmark legislation fundamentally reshaped California’s tax landscape and initiated a broader “tax revolt” across the United States.
Regards,
Mark
P.S. as you wrote Paul, “So far as it's effect on me personally goes, in that case, I can legitimately argue…” that pdoperty tax relief was a true and long lasting benefit… gone now.
My in-laws lived in East Bay area of California 1960-67 and 1970-1994, before retiring to Texas. I was right in the middle of Jarvis' "AX YOUR TAX!" movement. Ever notice how none of these anti-government freedom movements, Jarvis, TEA Party, MAGA, none of it has staying power? They're more like fads than actual movements. The fire that burst to life in 1776, and burned so powerfully and cleanly for so long, is now dwindling. The fuel has been exhausted. Best always. PM
Was the fuel exhausted or were rights / freedoms just compromised away over the years? Which is what I believe has happened and meaning that compromise is a fools game.
Oohhh yes! Definitely have noticed the burn-out factor? Fits in perfectly with Benjamin Franklin's response to Elizabeth Willing Powel's question: "Well, Doctor, what have we got, a republic or a monarchy?"
Our thread circles me right back around to your ‘78 “As good as it gets” reference. Just me, not buying any of the N.O.S. inventory being pimped by the Davos wef’ers.
Too much Scottish blood in me veins (en sum Irish eyh); as for me, not opposed to some brawlin’ ann an eagal as they’d say in Gaelic.
It always brings a tear to my eye whenever someone brings up Prop 13. My mentor at the time, (I was in my late teens) explained how critical it was for that to pass because "little old ladies would have to eat cat food in order to pay their property taxes. "
Whoops, I put the words "cat" and "food" in the same sentence. Somebody reading this will get triggered I'm sure.
It turns out that I owe a huge debt of gratitude to Jarvis because Prop 13 effectively starved local governments of their mother's milk and they had to get more creative about how they operated. I came up with an idea that worked well for them by saving a lot of money while improving service and efficiency. And, it kept a lot of little old ladies in their homes eating real food so thank God for Howard Jarvis.
My young bride encouraged me to send out a message to Trumpy Bear to let him know she needs another tax write off. This woman has a long memory…
Namely, my wife wants a repeal of the Tax Reform Act of 1986, which eliminated personal interest deductions for most types of consumer debt such as auto loans or credit card balances when filing their federal income taxes.
Of course, she wants continuation of the only remaining forms of interest that remain deductible which are those related to qualified mortgage interest and certain investment-related debts.
Good job Bill Black Rock has been doing this all over the country have seen it myself. They take these developments and make them all rentals time to hit these people with taxes so high they have to liquidate. That's a tax I would vote for. Not fair to the young people.
That's a tax we have in B.C.- the non-resident tax, disguised as a "Homeowner's Grant" if you can prove you live in the house you own (but only one per family.)
Of course any tax on landlords is passed through to the tenants, unless you have a rent control situation as we do in B.C.
What would freak out the parasitic class of tax and spender pseudo elected representatives? When a massive population of the prole taxables refuse and do not pony up.
Now that’s a not-so-subtle message humm.
Regards,
M
Footnote: why did Yanks (Americans) began drinking more coffee than tea?
As a direct result of the Tea Act of 1773, the Boston Tea Party and the American Revolution … Boston-area merchants like John Hancock were so enraged by the 3¢ per-pound tax on tea arriving in colonial ports that he (Hancock) declared that anyone who drank the ‘baneful weed’ and paid the tea tax was an ‘Enemy of America’."
But, But,... with MSM, main stream media, behind them their ideas seems invincible,... Doesn't it?
Well, MSM is falling like a rock in watchers. Seems like society is switching to other depictions of reality, like podcasts. Seems like society is thinking about how all this stuff ties together. Seems like maybe there are too many conspiracies all tied to the same basic strategy, supported by MSM and big tech. I don't know, maybe this whole 30 trillion in stock wealth and the support system behind it is now being understood and related to a credit bubble. You know, ... the one created by the 35T in US debt, i.e. the one that loaned all this interest free money to these big players. Hmmm?
Right on, Mac. You outline the main reasons why I believe the hsit is about to hit the fan in a BIG way. They can't survive Trump getting in and they can't risk too many sheep waking up in a very rapid manner. So - buckle up. I think our current "Normalcy" goes out the window before year's end...
PS - Conspiracy Theory here: There are several documents that have come to light in the last 20 months or so that anticipate a World Population of 2 Billion people in the year 2026 (we are currently at 8 Billion+.) These sources include UN organizations, the WEF, Insurance Companies and various NGO's. I know, tin foil hat, right? The idea has been "officially debunked" but then I consider what we have seen over the last 5 years and, well. Between War, the next Real Pandemic and the Rapture - 2025 could get VERY interesting. Or not...
Oh man, Mr Bonner, good way to end the week with “One way or another” a classic song by Blondie’s front woman Deborah Harry from the Parallel Lines…or was that the Last Mercernary album.
For now, it feels good to be a treacherous ol’ man 😊
Indeed brother. And may even misspell beatenzone for beaten zone …but I do not forget the principles of overlapping intersects… now, back to my head full of Blondie lyrics in my new anti-parasite anthem ;)
Good read. I know many of the 90%, they are tired of being worker bees for the upper crust….they are getting hungry, angry and ready to hold court against mayhem of government, banking and corporate manipulations using them up.
Better sell your shares quickly and get ahead of the big players like BlackRock and others because at some point it's going to be obvious the big idea is going to be holding onto those gains. Those gains from AI, quantum computing, big tech, big pharma and other concepts developed by the primary holders of those securities. You know: the guys buying out the gov, those holding that 90% of that wealth, and censoring any idea that goes against their OVERALL plans. You also know the same ones that own MSM. The plans I can't possibly enumerate here.
Is the stock market drastically overvalued and concentrated? Is the economy faltering? Gold may be a much better option as the consortium crumbles. Is it crumbling? Well gold is rising and the dow/gold ratio is falling, the percentage of wealth held by foreign entities, in US treasuries, is falling (dropping 30% since 2015), EU "leaders" are being removed from office, Ukraine has lost its war despite Western supplies. support and unlimited credit. Israel's situation isn't looking that great, Kamala has changed her positions to line up with Trump's, Zuckerberg had decided he needs to realign his position probably for his own safety, covid policy is obviously under attack, the globalists are making their last ditch efforts but the world isn't falling for it (AFD won more votes than the existing leadership) and the remaining elections in 2024 may just indicate who society has chosen as to where it wants to go. Just saying.
Great comment, Mac. Issue: At the end you assume the dimocrat communists won't be successful in their blatant and obvious plan to steal the Presidency - again...
I'm not really assuming anything. I'm just saying their globalist oligarch position is weakening and a huge percentage of society understands their plan so,...
I hope the percentage of Society that is awake includes enough men and women of Action so that we actually have a chance to save this circus.
I keep arguing with my brother this week because his attitude is "Sure, so all that stuff is true - so what and what are you gonna do about it?"
I don't have concrete answers but at least I am awake, forewarned and in the process of developing an action plan. I have reminded him that his attitude is like the attitude of most Colonists in 1775 as the British started to tax them at 2%, closed down particular newspapers, lodged English soldiers in their homes and disappeared many Patriots in the middle of the night. I tell my brother it only took 3% of the population being committed to begin securing the great Country we once had. I believe THAT is what scares the crap out of our enemies who are destroying us from within...
No one has concrete answers but it is clear our psychopathic leadership or the globalist psychopathic leadership is getting desperate with constant escalation. They might prefer their own destruction, along with everyone else's, rather than giving up power.
The events and statements coming out of Russia in the last 72 hours support your claim.
Wake up, folks. We can't do dick about it, but at least be aware that major war is just around the next bend. All for a "country" called Ukraine that we are NOT allied with and where we have ZERO strategic interest. Those facts will not stop our "leaders" from ultimately sacrificing our young people...
I don't think the idea of the institutional money selling out would be an issue, because most of their "investments" in stocks are through index funds. Unless the holders of those index fund "investments" redeem their shares, the custodian won't be able to sell them.
maybe
Oh wow Bill! Too early in the morning. My head is spinning! Love the topic
Me too
Fiat currency.........what an elixir. For the World it has become the drug of choice. And, the cartel wheeling the best drugs has been the U.S. for close to 80 years. The problem is fiat currency is more addictive than most hard drugs. But, it too has its limits and eventually exhausts its host - in fiat currency's world that is nations living on them. The World's problem today is all are addicts to free money. It is ending and it is going to be ugly. The "hoodwinked" are waking up and a new dawn is upon us. Don't fight it.......figure out how to deal with it if you can - most can't. The Reality of fiat currency has arrived.
Nailed it 💯 LSO, as you state, “…figure out how to deal with it…”
Adapt Improvise Overcome
Right alongside ‘ya as we move forward together, got your 6.
Regards,
Mark
Hi Mark
You commented on one of my comments on Tom's writings. You mentioned Ichimoku cloud. I know about it. I don't know how to read it. What is the crossover from the colors indicating to happen? I asked twice for your help and I'm disappointed that you ignored my question.
Have a good day. Pete
Please accept my apologies Pete. I did not intentionally ignore you. An unintended oversight on my part. I will reply right here with an edit P.S. for you specifically.
Bye for now.
Mark
P.S.
Pete, my response will likely be wholly inadequate. Substack is arguably the best of the worst ways for us to communicate. It is easy to make contact, not so much for genuine communication. So here goes.
It helps to have a couple of charts of your own choosing to experiment with. I’d choose to compare a runner and a dog. The difference in the “clouds” will appear drastically different.
The (greenish & reddish) cloud elements are a key part of the indicator. When I create [stockcharts.com] my own chart(s), I display price points in the background.
Now, back to the Ichimoku cloud basics.
▫️ When the price is “below” the cloud, the trend is “down”.
▫️ When the price is “above” the cloud, the trend is “up”.
▫️ The aforementioned [up\down] trend signals are “strengthened” if the (greenish & reddish) cloud is moving in the same direction as the price.
Good luck Pete. And as the idiom states soberingly, “…don’t invest cash you will need in 5 years…”
Once upon a time, I enrolled in a class that Investors Business Daily hosted for DIY individual investors. It was a classroom setting over many consecutive weekends. I invite you and others who are so inclined to seek out such opportunities.
And, I have spent alot of tel-con call time with Q&A with my brokers (Fidelity & Schwab) talking with personnel dedicated to helping their customers to be successful. The brokers have dedicated professionals; such as some on the bond desk, or some on the options trade desk or fixed income desk, etc.
M
Hi, I'm glad you will answer .I consider you as one of the more knowledge subs on PBR and look always forward to your comments. I know I'm old but as long as the brain works I can learn.
Thank you Pete
Pete, here is a chart link you can switch from “daily” to “weekly” view to see the differences or enter different ticker symbol(s).
SharpChart snapshot from StockCharts.com to access the 'live' online version of this chart at the link here https://schrts.co/RjeuBGab
Any time my friend. Thanks for the reminder.
Cheers
Mark
Thank you
I'm very happy with what I developed myself over the years. But I always like to learn. I have used P&F charts before but I find what I'm now using more precise and easier to read. Now to VDE .The system I use showed me
the first possible reversal point. I got filled at 116 .65. Now at 120 . Just incase I had an order in a little lower. My charts like P&F chart showed the next possible buy point at 108 and the next at around 100. 100 would also be a double bottom and in my view a major buy. Those are trading shares. As soon as they hit the the upper Keltner Channel I will sell.
I use Stock chart com extra. A year ago I started to subscribe to their number 1 Public Chart list. Above the green Line..And now I'm in 7th heaven. I like to trade and they make my cash register wring constantly They have a free service but for 45$ a month you get their recommendations on the computer and the phone (buy and sell )
Thanks for your reply .Pete
"But that $30 trillion is fake wealth."
Two thoughts:
1. Isn't it odd (coincidental, I'm sure) that the fake gains are almost exactly equal to our National Debt? Relax - I realize that they are two very different things and not "directly" related, but still, kinda weird.
2. It could easily be argued that in the eyes of Joe/Jane America, the Debt is fake as well. After all, what did the average Citizen get for all that deficit spending? Can anyone put their hand on or point at some benefit they received as a RESULT of us going into so much Debt as a Country?
Harry? Dot? Would love to hear from y'all...
Thanks - I've kept reading comments about "where the money goes" when the market goes down, but you've finally explained the other side of the seesaw. We keep thinking that it's actual cash that sloshes around between the top 10 and the rest of the world, and forget that cash is just a means of exchange to turn one asset into another. "Value" or "worth" can be measured by how much actual cash you can get in exchange, or in relative terms against another asset that you exchange yours for. Debt is an asset to the creditor, supposedly making the balance sheet bigger if the creditor assumes it will be paid back. But it doesn't mean that creditor can exchange all its assets or even its stock, for cash. And it doesn't mean that the creditor will be able to acquire the same amount of goods and services when the debt is repaid as it could when it lent the money. Why in the hell would anyone lend the US Treasury money for even 2 years? You won't be able to exchange the repayment for anywhere near what you can do with that "money" today, much less 30 years from now. Unless as you say we magically figure out how to create a whole lot more goods and services than what's available now.
This all feels like being the boy watching the Emperor's motorcade and seeing that not only is he not wearing any clothes, he's a skeleton being propped up by Nancy Pelosi.
Hi Anne, your punchline in the last paragraph is a 💯brilliant little gem 💎 thank you.
Keep them coming here on BPR.
Best Regards,
Mark
P.S. Too, I miss your fuel for thoughts here on BPR as well. And, invite your thoughts here on BPR re: $WTIC’s bottom handle pivot point if you have one.
"One way or another, it has to go away." Yes, this truism is oft recited here. The real key is never provided: WHEN does it go away? We're 50+ years removed from Nixon's closing of the gold-redemption window. "What if this is as good as it gets?" asked the cad-who-gets-a-conscience character played by Jack Nicholson in 1997's "As Good As It Gets." What's the difference if I die before it all "goes away"? So far as its effect on me personally goes, in that case, I can legitimately argue 1) it NEVER went away, and 2) it broke the law of cause and effect. Look, we know the chicken came first and why. We know the falling tree made a sound even if we weren't there to hear it. It's the net effect in which each of us is vitally interested that generally carries the day. Just sayin'. Best always. PM
I really like reading you Paul. Your ‘78 film mention “As good as it gets” reminds me of a real life California character, Howard Jarvis; a former newspaper publisher and political activist who stirred up a movement.
In essence a (proposition) ballot referendum, officially known as the People’s Initiative to Limit Property Taxation (a.k.a. Prop 13); a grassroots mobilization which secured over 1.5 million signatures from concerned citizens who wanted relief from high property taxes. This grassroots effort was crucial in building momentum leading up to the vote.
The infamous campaign (it took about a decade without flames and riots) passed with nearly 2/3 of California voters supporting it. The proposition capped property taxes at 1% of assessed value and limited annual increases in assessed value to no more than 2%. This landmark legislation fundamentally reshaped California’s tax landscape and initiated a broader “tax revolt” across the United States.
Regards,
Mark
P.S. as you wrote Paul, “So far as it's effect on me personally goes, in that case, I can legitimately argue…” that pdoperty tax relief was a true and long lasting benefit… gone now.
My in-laws lived in East Bay area of California 1960-67 and 1970-1994, before retiring to Texas. I was right in the middle of Jarvis' "AX YOUR TAX!" movement. Ever notice how none of these anti-government freedom movements, Jarvis, TEA Party, MAGA, none of it has staying power? They're more like fads than actual movements. The fire that burst to life in 1776, and burned so powerfully and cleanly for so long, is now dwindling. The fuel has been exhausted. Best always. PM
Was the fuel exhausted or were rights / freedoms just compromised away over the years? Which is what I believe has happened and meaning that compromise is a fools game.
Oohhh yes! Definitely have noticed the burn-out factor? Fits in perfectly with Benjamin Franklin's response to Elizabeth Willing Powel's question: "Well, Doctor, what have we got, a republic or a monarchy?"
Our thread circles me right back around to your ‘78 “As good as it gets” reference. Just me, not buying any of the N.O.S. inventory being pimped by the Davos wef’ers.
Too much Scottish blood in me veins (en sum Irish eyh); as for me, not opposed to some brawlin’ ann an eagal as they’d say in Gaelic.
Have a great weekend Paul
Cheers,
Mark
It always brings a tear to my eye whenever someone brings up Prop 13. My mentor at the time, (I was in my late teens) explained how critical it was for that to pass because "little old ladies would have to eat cat food in order to pay their property taxes. "
Whoops, I put the words "cat" and "food" in the same sentence. Somebody reading this will get triggered I'm sure.
It turns out that I owe a huge debt of gratitude to Jarvis because Prop 13 effectively starved local governments of their mother's milk and they had to get more creative about how they operated. I came up with an idea that worked well for them by saving a lot of money while improving service and efficiency. And, it kept a lot of little old ladies in their homes eating real food so thank God for Howard Jarvis.
Sorry in advance for another tear Dave.
My young bride encouraged me to send out a message to Trumpy Bear to let him know she needs another tax write off. This woman has a long memory…
Namely, my wife wants a repeal of the Tax Reform Act of 1986, which eliminated personal interest deductions for most types of consumer debt such as auto loans or credit card balances when filing their federal income taxes.
Of course, she wants continuation of the only remaining forms of interest that remain deductible which are those related to qualified mortgage interest and certain investment-related debts.
🥲Cheers😢
Mark
DJ: Jarvis died in 1986 but his crusade still goes on. I still get mail to donate and vote for different candidates.
I still do too (in California). That's great that you donate and vote for Jarvis backed candidates. I no longer vote in California or I would too.
Good job Bill Black Rock has been doing this all over the country have seen it myself. They take these developments and make them all rentals time to hit these people with taxes so high they have to liquidate. That's a tax I would vote for. Not fair to the young people.
That's a tax we have in B.C.- the non-resident tax, disguised as a "Homeowner's Grant" if you can prove you live in the house you own (but only one per family.)
Of course any tax on landlords is passed through to the tenants, unless you have a rent control situation as we do in B.C.
What would freak out the parasitic class of tax and spender pseudo elected representatives? When a massive population of the prole taxables refuse and do not pony up.
Now that’s a not-so-subtle message humm.
Regards,
M
Footnote: why did Yanks (Americans) began drinking more coffee than tea?
As a direct result of the Tea Act of 1773, the Boston Tea Party and the American Revolution … Boston-area merchants like John Hancock were so enraged by the 3¢ per-pound tax on tea arriving in colonial ports that he (Hancock) declared that anyone who drank the ‘baneful weed’ and paid the tea tax was an ‘Enemy of America’."
But, But,... with MSM, main stream media, behind them their ideas seems invincible,... Doesn't it?
Well, MSM is falling like a rock in watchers. Seems like society is switching to other depictions of reality, like podcasts. Seems like society is thinking about how all this stuff ties together. Seems like maybe there are too many conspiracies all tied to the same basic strategy, supported by MSM and big tech. I don't know, maybe this whole 30 trillion in stock wealth and the support system behind it is now being understood and related to a credit bubble. You know, ... the one created by the 35T in US debt, i.e. the one that loaned all this interest free money to these big players. Hmmm?
Right on, Mac. You outline the main reasons why I believe the hsit is about to hit the fan in a BIG way. They can't survive Trump getting in and they can't risk too many sheep waking up in a very rapid manner. So - buckle up. I think our current "Normalcy" goes out the window before year's end...
PS - Conspiracy Theory here: There are several documents that have come to light in the last 20 months or so that anticipate a World Population of 2 Billion people in the year 2026 (we are currently at 8 Billion+.) These sources include UN organizations, the WEF, Insurance Companies and various NGO's. I know, tin foil hat, right? The idea has been "officially debunked" but then I consider what we have seen over the last 5 years and, well. Between War, the next Real Pandemic and the Rapture - 2025 could get VERY interesting. Or not...
https://www.instagram.com/reel/C_EXS5URRjK/
6 billion dead would be a nuclear winter, not sure many of the 2 billion left could survive?
How many people does it take to make a pencil?
More than it takes to catch, butcher and eat a house cat apparently...
LOL!!!!
Oh man, Mr Bonner, good way to end the week with “One way or another” a classic song by Blondie’s front woman Deborah Harry from the Parallel Lines…or was that the Last Mercernary album.
For now, it feels good to be a treacherous ol’ man 😊
Thanks
Mark
P.S. A little chart to warm our hearts - https://tinyurl.com/37ymmtbp - for when divergents converge.
Brother, you are one of the best treacherous old men that I know...
PS - Are you sure you didn't misspell Lecherous? ;)
Indeed brother. And may even misspell beatenzone for beaten zone …but I do not forget the principles of overlapping intersects… now, back to my head full of Blondie lyrics in my new anti-parasite anthem ;)
Good read. I know many of the 90%, they are tired of being worker bees for the upper crust….they are getting hungry, angry and ready to hold court against mayhem of government, banking and corporate manipulations using them up.