New citizens at $5 million a pop may not be the answer. Even if the feds could process 100 of those rich peoples’ applications every single day, it still wouldn’t keep up with the debt.
Mr. Trump, on this issue you must put aside your ego, read the room and 𝐝𝐨 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐫𝐢𝐠𝐡𝐭 𝐟𝐨𝐫 𝐀𝐦𝐞𝐫𝐢𝐜𝐚. Your immediate actions of the last few days do NOT do that, this is NOT what we voted for and this is NOT the way to Prosperity. We were repeatedly told last year that the battle would be in March. Well, we're here and you have the gall to tell us now the battle will be in September.
Forget that - DO WHAT YOU SAID YOU WOULD DO! I'm smelling Betrayal - by a LOT of two-faced rats. And I'm not alone.
You should be standing beside Tom Massie on the Capitol steps RIGHT NOW, insisting on immediate cuts to the existing CR or shut the whole criminal, corrupt circus down - NOT throwing idiotic threats and 𝗮𝗴𝗿𝗲𝗲𝗶𝗻𝗴 to continue 𝗳𝘂𝗻𝗱𝗶𝗻𝗴-𝗶𝗻-𝗳𝘂𝗹𝗹 all of the theft and fraud Musk and Team have uncovered.
I was told by commenters here yesterday that I needed to be patient and essentially "Trust the Plan" (where have we heard THAT before, Mr. Q?) I've been "patient" for 58 years - I call 'em like I see 'em, with Objectivity, Logic and Critical Thinking. Let others be the sycophants and "yes" men/women. From here in Realville, it sure looks like we are getting royally screwed, folks - and this morning, I think our dear departed Mayor would agree....
Ol' Starboard, you are beginning to sound like Ol' Bill or his ghost writer. Frankly, I am 100% with you. And, you are still a youngster. Good to see there are those of Gen X with their "Eyes Wide Open". Unfortunately, the federal government in the USofA is massive and there are way too many elites counting on the government for their wealth and lifestyle. Just way too many. This isn't stopping until the Credit Bubble bursts and the destructive chaos cleanse not only the U.S. but the rest of the world as well. Got Gold?
Hey brother Farmer! How are you holding up with your new bolthole? Hope all is well with you and your family 🙏 Getting ready for the coming summer of democrat mental illness and looking forward for the reply from our new Government, especially since America has 80 on our side 😊🇺🇸🇺🇸🇺🇸
Yes brother Starboard, we can all start nitpicking on the wrongs that are and will be done in these next few years, but knowing what is coming gives us an incredible advantage over the sheep and I'm pretty sure you are ahead of this game. The damage to our Republic took many decades to fester and will take many to fix. It all has to burn down in order to rebuild, and it will. In the meantime, I’m just so happy that we don’t have to live under Obama’s forth term and the communist BLM movement 💩 is now being cleaned up In DC. That alone was worth my vote for Trump🇺🇸🇺🇸🇺🇸
Hey, SE. I'm with you ideologically. I just don't think it's easy to turn this huge ship around on a dime when it's been going in the wrong direction for close to 100 years and accelerating towards disaster for the last 20 years. I'm still willing to wait a few months before passing judgement. And I understand Massie's point of view - I just don't know if it's doable with such a narrow Republican majority. If Republicans had a much larger majority in both houses, then I would agree.
I hear you, John. I'm no where near giving up and realistically have nowhere else to go - but you miss 100% of the shots you don't take. I just feel that we are at a crucial, vital point to take a stand on the spending. Like right now.
I agree that things won't happen fast due to a lot of different reasons, but we need to grab our "government" by the throat and start squeezing - NOW. Trump/Musk have the momentum in THIS moment - people are righteously outraged. Use that. On this issue, forget the murky "strategies", trading for future "favors" or trying to play "4-D Chess" (looking at YOU, Johnson & Thune.) We need to lay down the red line immediately and stick to it, come what may. Massie is the ONLY one with any Courage out of 535 "leaders" - Trump needs to join him bigly, not throw immature threats his way.
𝗥𝗘𝗗𝗨𝗖𝗘 𝗦𝗣𝗘𝗡𝗗𝗜𝗡𝗚 𝗡𝗢𝗪, 𝗢𝗡 𝗧𝗛𝗜𝗦 𝗖𝗥 - then weather the immediate fall-out, but don't budge one single inch. The upcoming Budget Reconciliation process is the next battle we MUST NOT CEDE without a fight. It's surely NOT going to be easier to cut spending next May if we puss-out at this point and let the thieves continue their corruption in light of the revelations we have seen over the last 6 weeks...
Well, I don't disagree, and I like your comment about squeezing the government by the throat. The only reason I hesitate and will give them a few more months to figure it out is because there are many Republicans who sincerely want to reduce government spending but, at the same time, are insisting they need a few months to figure out all the right actions they must take. If nothing happens in a few months' time, then I'm with you. So, we agree in principle, but not in timing.
Agree, this CR gets us to Sept. allowing time to right the budget appropriately. You all scream for a scalpel instead of a chainsaw - guess what, that takes time. Don't follow the old man BB's bullshit posts, he has a tremendous case of TDS, based on his lack of Biden attacks is a full fledge, card carrying fuck up the US Democrat. Give it time.
Oh! U mean , Ur now doing like Bill Bonner does . Acknowledging reality and speaking hard truth. Good for U .. But I still prefer to get mine from Mr. Bonner!
Bill, I suggest you do something constructive and follow the developing story from the J6 detainees that show the rot in the government that is the real cause of our debt and social decay. The shit you discuss is window dressing...
Exactly Allen, TDS and BS mostly from Bill now, or his ghost writer. Never heard such whining these past four insane years, but that is the problem with mental illness, you just don’t know when you’re infected. The leftist are planning a mass attack soon and it should be great reality TV…in the meantime, buy the dip in crypto 😊
You do realize that Crypto is tied at the hip with the DOW, right? That people bought into Crypto with their savings. Or credit cards, because Coinbase, Binanace allowed that right? Paying 18% interest on a $10,000 loan from VISA or M/C? That interestingly was NEVER tagged as a "cash advance." Good luck if it turns the wrong way.
If shit hits the fan, crypto will be shredded. Along with the rest of the market. The only survivors "might be" the ETFs that can weather the storm. But individual investors?
All good Lucas! Keep on stocking gold and live happily ever after 😊 I feel terrible about the silly money I made in the fake crypto market, and the assets I’ve bought with the monopoly money 💵. If you listened to Bills son, they are also highly leveraged in crypto but only want you to keep 1% in Bitcoin🤔So please Don’t buy the dip and keep away from all tech and AI stocks and please just focus on gold. I’m sure you’ll survive just fine 😊
God, I love our Team. We can disagree and still be friends. Each of us is allowed to have and share their own opinions without risk of being called juvenile names, shouted at and "cancelled." It's the difference between Free People and those too ignorant to see they are living in a cult...
Also of the left decried the overheated wall street as benefits for the rich. Now that the corrections taken place donald trump is destroying the economy.
I think I've got it figured out. Costa Rica...where I'm writing my post from this morning with a cup of coffee on the balcony looking at the Pacific Ocean.. For some reason right not I don't care what happens in the US.. I know I should but I dont.. Pura Vita....
Well, CR has its issues too. But - on the bright side - there is no army and, frankly, outside of San José, little police. Good place to hang out while the world turns. Plus if there is a "Flash", good chance one might survive it. Trade winds blow from East to West and it is a long ways across the Blue Pacific.
I sorely miss the Tamarindo Beach of 40 years ago. The surfing was MIND-BLOWING, the nights spent in the open under a Tiki roof cost $.50/US (mainly paying for access to the one bathroom with indoor plumbing), the $3.00/US bottles of Ron Rico, the heaping, steaming plates of Bocas (beef strips with onions, peppers and fries), paddling around the jungle where it grew into the sea to get to a spot near a point called "Fuerte" (Strength) because of the waves there, beautiful animals & birds everywhere and not a fat chick in sight (from all the walking they did up and down the hills and mountains).
Ahhh, to be an 16-year old, fit and invincible American man-child living in that world for a short time...
Hmmm......Tamarindo, you say. Lived in El Tesoro for about 7 years. Before this crazy boom going on now. Don't even recognize it. Just crazy and Villareal - traffic nuts. Even Playa Grande is being built out without regards for the turtles. Nogui's back then only had ice on Friday. Otherwise, warm beer. And, the road to Langosta. And, for you surfers, there was Robert August pointing the way to Witch's Rock up the coast. Memories flood back.........
Yup. Great time to be alive and great place to do it...
PS - Home base was Sabanilla from about August 1981 - June 1982. There was one KFC and one Pizza Hut in the whole Country - they were building the first Holiday Inn in San Jose...
Sluggo - each to his own. Frankly, the weather suit this cold 7/24 ol' man just fine. Never much gets lower than - say 76, and not much hotter than - say 91. If you live up a hill there is always a breeze. For me- Joie de vivre.
Bill, you don't take on the Deep State without getting hit with a few punches. It is sad that you want them to win, then we all lose. It is like I am listening to CNN.
As far as the Canadiens, they don't want to get into a fight with the USA or Trump. They need us a lot more than we need them. I don't care if Canadiens vacation in the US or not. Where are they going to go.
So what You are saying Bob G. is that this all about money . Not about right and wrong. Yes Mr. T. should look after His own Country . Just as Any leader In this world should look after their Country. But In My opinion , which means squat, He is going about this in the wrong way. Control The debt and industry will come back when the playing field is leveled. No subsidies to any industry, such as tax breaks. But what Do I know , it is a complex world out there caused by politicians. Not You and I.
Spot on, Don. The only reason it’s gotten this far is because the insulated politicians don’t have the suffer the consequences of their actions. Their complexities are borne by us plebes.
Agree Bart, they overload our cruise ships every winter, keeping the cost up and are cheaper than Scots! Again, all nonsense from our corrupt media because in reality, nobody gives a 💩
Any mention of EV subsidies in the waste and fraud Elon has found? Trump was happy about his executive order for plastic straws(but how many microplastics do you swallow with them?). Couldn't he just sign an order to end all EV subsidies and Carbon Tax Credits? The Climate Change Hustle is a bigger scam and fraud than anything Welfare Queen Elon and DOGE have found in government spending.
What is startling to me in this day and age - an Executive Order for Straws. Yes - our President, the elected Big Man of the most powerful country in the World, takes time to strike down paper straws. Reminds me of the song by Pete Seeger - "Where have all the paper straws gone, The feds have picked them every one." And, there you have it folks, how clear and focused priorities are in Washington. Thank God for all of them that slave away in Public Service.
We should not be importing electricity from another country so in the end we will find another source, maybe using small modular reactors. Maybe the US should put a tariff on any vaccines we send to Canada, I remember Trudeau moaning that he could not get the COVID vaccines fast enough and Canada does not have capability to manufacture them?
We should have sent the vaccine to Trudeau and let him administer, feed the propaganda and distribute them to Canadians. So he could've made some money on them and got caught when Canadians got sick and experienced sudden deaths.
“And the blowback hits before the blow.” 🤨 “There’s a whole lotta shakin’ goin’ on,” and the savings of a lifetime may not be enough to outlast all the tomfoolery. “Stuck in the middle with you:” now there’s an apropos anthem that is somehow comforting: “clowns to the left of me, jokers to the right, here I am…”
If anyone thought that taking over from Biden’s mess was coming without extreme hardships is delusional. 40 trillion in debt, a worthless dollar and our former dominate manufacturing base sold off to asia brings with it hard times. Look at Argentina who is a year ahead of us in a smaller but similar predicament. They have turned it around and so will Pres Trump. Have just a little faith Bill.
Oh the illusions are so powerful. It took the country a couple years to figure out covid and the vaccines and then only half the country figured it out. Now whose fault is it that the stock market is collapsing? My suspicion is that greater than half the country will never figure that out, even though we've had 13-15 years to study the situation. But levered losses, I read of a lot of levered longs to the tune of $1 trillion, at a 20% drop will certainly force a few eyes to open and wake up a few Fed following "gurus." Seems to me there are plenty of chances for government to create undesirable effects. My bet is that Trump makes lots of "mistakes". But the current stock market collapse isn't one of them, in my opinion. There are two sides to every single story and hence in the end do you trust Trump or don't you? Is he trying to do what is best for America or not? America obviously believes Trump has integrity. He must decide to spend to keep the economy suspended for minuscule period of time (it wasn't ascertainable as to when the collapse would come) or cut spending to balance the budget and allow the economy to fall precipitously, which it is guaranteed to do anyway. Bill is in a no lose position: The chances are 99 to 1 that the economy will collapse, it's totally artificial while all the bets are long the economy. So by complaining about Trump he keeps us on the side of not laking the big loss. But we all just voted for Trump to remove the liars and their scams and corruption that is essential to remove if America is to survive as a working republic. It isn't a working republic now. Can we bring it back? Unfortunately we need a guy like Trump to fight the battles of right and wrong and take a beating for doing it. Trump is hard on the trail of correction but he is guaranteed to be wrong in most every step. Which is exactly why our politicians never did anything correctly in the first place. Now we have one guy, Massie, that will vote correctly on principle. Who knows what the best course of action is? Personally I'm with Massie, face the cutting process come what may. It's a lot easier to understand and moves in the right direction which we haven't done for 50 years.
Someone should have voted harder for Kamala Harris. Her team certainly would have fixed all these problems by now without angering our allies across the globe and Canada!
I'm sure that's tongue-firmly-in-cheek. [I don't insert smiley faces but here's a good place for one.] And we must remember that Kamala's team would have been Biden's team so I'm not at all going to regret what happened. I have always found it difficult to deal with Presidential changeovers in the middle of a governmental fiscal year (suck it up until the new year arrives to get back to basics?).
BREAKING: Egg prices drop by 11%— now lower than when Trump took office. Holy crap, it's working! Big Man Trump willed lower prices. What an amazing, people-loving patriot trying to cement his legacy of giving back. First eggs, then gas, then electricity and housing. What's next? Peace in Ukraine? Impossible.
SAM: Maybe the egg prices are down where you live, but not where I am. Peace in Ukraine is possible if Trump was fair in his assessments. He has already agreed with Putin that Ukraine started the war, which is a great big lie and only Trump would believe it. So much for truth and honesty. Also, Trump demeaning Zelenskyy in front of everyone was uncalled for.
Hi Dorothy. I don't know where to start. Official numbers from Trump's first month in office are in and the price of gas is down, eggs are down, overall inflation is down. Those are fresh numbers from today. Hasn't reached your market yet? Sorry to hear that. You're investor class; you'll be okay. Stop pretending.
Sam: Yes I am investor class who has been investing for many years, so I know the market very well. And have no complaint in that department. But I do worry about other people who are not as lucky as I am. Some of my neighbors and relatives are having a hard time making ends meet. I know…You probably feel the same way….maybe.
I haven’t read all 72 prior comments but I think we need to remember who’s where. Oil has come down from $75 to $66. Ontario took back its electricity hikes. (My understanding is that 95% of Canadian exports go to the U. S. And 5% of U. S. Exports go Canada.). Ukraine says they’ll take the minerals deal and will discuss a 30-day truce.
In ‘22 Nasdaq went down 32%, S&P 18% and Dow 8% (as I recall) and I don’t remember anyone bitching then. And another year later we had massive inflation. Trump has the whole Democratic Party lying about him (he NEVER said he’d cut SS, Medicare or Medicaid.). And some of his own party who think they’re standing for an inachievable vision rather than take victory bite by bite. Personally, I think there’s likely $1T in waste and fraud just in those 3 programs I mentioned above. He also has $2T of additional investments promised in 2 months!
Once again Bill, you search for Trumps flaws and disregard any good that may occur as a result of his leadership. I guess you still long for the good old days of Biden style corruption. I think with your grasp of politics, economics and history you could come up with some positives, if you’d only try.
Rich immigrants aren't going to pay off Jack Squat and everybody knows it including Trump. The US government is likely going to bankrupt out because Congress. The overvalued stock market is going to continue to bounce around all over the place. If Canucks are pissed because they tariff the crap out of our lumber and food and we're going to play the same game with them I don't care. In fact I hope they are as pissed as us for allowing them to do it all these year. If Canucks decide they don't want to vacation in America there's a huge upside to that. Maybe the Canuck couple that has scarfed our favorite beach dump on Jekyll Island for the entire winter season three years running won't come back next year and we can get our beach dump back. Winning. MAGA Baby!
And Bill, please don't hand us any of that free trade crap. There is no such thing and there never will be so how about dealing with the reality and getting on the winning team for a change?
Oh them crazy Canucks. Lee, I think You have to take some of MR. T'S words with a grain of humility. You give Canada too much credit for ripping off America . If only? Ask the border towns of how integrated the two economies are? Just My view as a Canuck stuck in this tariff tragedy. Nobody is without blame . Both sides of the border. Much depends on what color of coat You wear. You May see red or blue , that is the same on this side of the border. I think Starboard said it quite eloquently today. He calls them as He see's them, more or less.
Don, I'm sure you are not the only "Good Canuck" but that's beside the point. Our balance of trade deficit has hit $1 trillion/year all while we provide free police protection for the entire world that the world does not respect or appreciate. The free ride is over my friend. If we're not going to have free trade we're going to have fair trade. You hit us with 250% tariffs, we're going to hit you with 250% tariffs and then we'll see who wins this pissing contest. I'll bet the ranch we win. In fact, your clown in Ontario just folded his hand.
Yes free protection according to The USA. Did I ask the USA to protect My borders? You and Your Government took it over . Now Lee, as a neighbor Would You start a tariff war With ME? We have to know all the facts . both sides accounted for. My side will always look good, just as any human would do . But be fair, now that is a hard thing to do . Trade must be a win, win situation. We in Canada did not start this tariff thing , Your Government did . I will not lie down and take Your tariff s cause You say that We take advantage of Your Country. There are answers to this and Dialogue between all involved would solve Perceived anomalies. Now as far as Ontario is concerned . I and You do not know the details as they will never be disclosed . Yes You may win the battle , but the war is not over. I do not like to see any of this as both sides , that is the consumer will suffer and That is You and I. I could go on , but it will be a contest of words with no solution. History is a great teacher , if one wants to enjoy the past teachings? I have enjoyed My conversation with Your rebuttal . Thanks , it is always good to hear and feel other views.
Don, I have no beef with Canadians, as you all flocked to our Maine beaches in summertime, even though you got fleeced with the currency exchange, and damaged our eyes with miniscule should-have-known-better bikinis and "banana hammock" mens' Speedos. I saw an article yesterday, one of a few I've seen in recent months, that may be the REAL reason for our tariffs. It seems that the Chicoms have been shipping cheap steel and aluminum into your ports, and then getting it relabeled "made in Canada." Not saying if you all were duplicitous in this enterprise, but what better way to get your attention to cut that shit out?
Probably will not happen until the current regime is kicked out of office. I can only hope . But I am seeing more and more of the wef, un, cop, dei crap growing in this country. People seem to love communism, even if it is in front of their noses, or should I say their one way vision. Duped may be the best word to describe this scene.
Don, let's not conflate who did what first. Your country is the one that asserted a 250% tariff on our lumber a long time ago. Your country has also been running a trade surplus against us for decade upon decade. Not once did your government tell our government "You know all that free defense protection y'all have been affording us all these years while we tariffed your lumber 250%? We'd like to make amends for that and pay our fair share, part of which is getting rid of our outrageous tariffs on your products."
It's our fault for letting y'all get away with it. The good news is the imposition of tariffs against your country has got y'all talking about making things right after all these years. I hope this continues. I'm a big fan of Crown Royal and Crown Royal Reserve has gotten too blue for my blood. No worries though. Thirteenth Colony bourbon distilled right here in Americus, GA has served as a fine replacement.
"US urged to sell government’s 1.4 billion lbs of cheese reserves to buy Bitcoin" I had to look this up and it exists. We should export or "dump it" on our competition .... it would pair well with Bill's Malbec I am sure.
Don't knock it till you try it, Howard. It helped keep me, my mom and three bothers alive for a short time, way back when. My mom used to pick it up from the back of a semi-truck in the Sears parking lot. We weren't on any type of Welfare, but that cheese was available to anyone. Kind of a sickly orangish-yellow 1 lb. block that you could make many different wonders with in the kitchen...
McKinley’s vision stirs once more, rising like mist in the golden sands of time. But how many grains are left? How many months, days, hours, minutes, and seconds until the clock tower completes its cycle?
Imperialism watches like a hawk, ever observant. They say the stock market knows no names, yet weren’t names the ones who built it? lol. Ask a question to get another, and let confusion chase its own tail.
Annex the ice block, rope the Canadian horse. William, your stocks climbed skyward, so let the parrot repeat, let the feed scatter.
Hold fast to the gold bar, admire its shine. You cannot eat it, cannot drink it, but in fair trade, it can buy you all you need. For as long as the heart ticks, so does the market.
And somewhere in the echoes of time, Mahmoud the Mamluke watches, silently, unwavering. A shadow in the golden bourbon hourglass .
Wonder where your incredible WIT is when it comes to the level of tariffs Canada presently has on the US? BB You are really getting boring, your constant barrage of hate, no solutions and no chances given to the new administration. Right out the gate, your putrid display of prose is unbecoming. For years you had my ear, now, it is the same boring dribble. Why not mention Canada has 300% tariffs on some American products? What about the US dairy industry also with Canadian tariffs through the roof. You have just become a boring old man. You should follow the advise of Clint Eastwood, when asked how he continues his profession at 94, his response "I don't let the old man in". Try it, return the days when what you wrote had impact - instead of the Biden supporting nonsense you continue to put out. In reality, your prose has become bullshit. Right or wrong, I still see not one solution from you. Not one.
Mr. Trump, on this issue you must put aside your ego, read the room and 𝐝𝐨 𝐰𝐡𝐚𝐭 𝐢𝐬 𝐫𝐢𝐠𝐡𝐭 𝐟𝐨𝐫 𝐀𝐦𝐞𝐫𝐢𝐜𝐚. Your immediate actions of the last few days do NOT do that, this is NOT what we voted for and this is NOT the way to Prosperity. We were repeatedly told last year that the battle would be in March. Well, we're here and you have the gall to tell us now the battle will be in September.
Forget that - DO WHAT YOU SAID YOU WOULD DO! I'm smelling Betrayal - by a LOT of two-faced rats. And I'm not alone.
You should be standing beside Tom Massie on the Capitol steps RIGHT NOW, insisting on immediate cuts to the existing CR or shut the whole criminal, corrupt circus down - NOT throwing idiotic threats and 𝗮𝗴𝗿𝗲𝗲𝗶𝗻𝗴 to continue 𝗳𝘂𝗻𝗱𝗶𝗻𝗴-𝗶𝗻-𝗳𝘂𝗹𝗹 all of the theft and fraud Musk and Team have uncovered.
I was told by commenters here yesterday that I needed to be patient and essentially "Trust the Plan" (where have we heard THAT before, Mr. Q?) I've been "patient" for 58 years - I call 'em like I see 'em, with Objectivity, Logic and Critical Thinking. Let others be the sycophants and "yes" men/women. From here in Realville, it sure looks like we are getting royally screwed, folks - and this morning, I think our dear departed Mayor would agree....
https://www.thegatewaypundit.com/2025/03/trump-declares-war-thomas-massie-vows-lead-primary/
Ol' Starboard, you are beginning to sound like Ol' Bill or his ghost writer. Frankly, I am 100% with you. And, you are still a youngster. Good to see there are those of Gen X with their "Eyes Wide Open". Unfortunately, the federal government in the USofA is massive and there are way too many elites counting on the government for their wealth and lifestyle. Just way too many. This isn't stopping until the Credit Bubble bursts and the destructive chaos cleanse not only the U.S. but the rest of the world as well. Got Gold?
Yup. And Lead, Silver, Seeds, Water Purifiers, Long-term Food, Green Electrical Generation...
I have been saying this for years. They will only way it stops is when we go crashing into the brick wall. Let’s get it over with.
Hey brother Farmer! How are you holding up with your new bolthole? Hope all is well with you and your family 🙏 Getting ready for the coming summer of democrat mental illness and looking forward for the reply from our new Government, especially since America has 80 on our side 😊🇺🇸🇺🇸🇺🇸
Yes brother Starboard, we can all start nitpicking on the wrongs that are and will be done in these next few years, but knowing what is coming gives us an incredible advantage over the sheep and I'm pretty sure you are ahead of this game. The damage to our Republic took many decades to fester and will take many to fix. It all has to burn down in order to rebuild, and it will. In the meantime, I’m just so happy that we don’t have to live under Obama’s forth term and the communist BLM movement 💩 is now being cleaned up In DC. That alone was worth my vote for Trump🇺🇸🇺🇸🇺🇸
Amen brother.
Yessir!
Hey, SE. I'm with you ideologically. I just don't think it's easy to turn this huge ship around on a dime when it's been going in the wrong direction for close to 100 years and accelerating towards disaster for the last 20 years. I'm still willing to wait a few months before passing judgement. And I understand Massie's point of view - I just don't know if it's doable with such a narrow Republican majority. If Republicans had a much larger majority in both houses, then I would agree.
I hear you, John. I'm no where near giving up and realistically have nowhere else to go - but you miss 100% of the shots you don't take. I just feel that we are at a crucial, vital point to take a stand on the spending. Like right now.
I agree that things won't happen fast due to a lot of different reasons, but we need to grab our "government" by the throat and start squeezing - NOW. Trump/Musk have the momentum in THIS moment - people are righteously outraged. Use that. On this issue, forget the murky "strategies", trading for future "favors" or trying to play "4-D Chess" (looking at YOU, Johnson & Thune.) We need to lay down the red line immediately and stick to it, come what may. Massie is the ONLY one with any Courage out of 535 "leaders" - Trump needs to join him bigly, not throw immature threats his way.
𝗥𝗘𝗗𝗨𝗖𝗘 𝗦𝗣𝗘𝗡𝗗𝗜𝗡𝗚 𝗡𝗢𝗪, 𝗢𝗡 𝗧𝗛𝗜𝗦 𝗖𝗥 - then weather the immediate fall-out, but don't budge one single inch. The upcoming Budget Reconciliation process is the next battle we MUST NOT CEDE without a fight. It's surely NOT going to be easier to cut spending next May if we puss-out at this point and let the thieves continue their corruption in light of the revelations we have seen over the last 6 weeks...
Well, I don't disagree, and I like your comment about squeezing the government by the throat. The only reason I hesitate and will give them a few more months to figure it out is because there are many Republicans who sincerely want to reduce government spending but, at the same time, are insisting they need a few months to figure out all the right actions they must take. If nothing happens in a few months' time, then I'm with you. So, we agree in principle, but not in timing.
I agree we need to reduce spending now. The left is already building walls and anticipating what's next
Rip the bandaid off.
Agree, this CR gets us to Sept. allowing time to right the budget appropriately. You all scream for a scalpel instead of a chainsaw - guess what, that takes time. Don't follow the old man BB's bullshit posts, he has a tremendous case of TDS, based on his lack of Biden attacks is a full fledge, card carrying fuck up the US Democrat. Give it time.
Stary , Funny how, now, U have suddenly changed Ur toon after badmouthing Mr. Bonner for the last 3 Mo. on these same subjects.
Not changing my tune at all, Pat. I'm doing something you have zero familiarity with - acknowledging Reality and speaking hard Truth...
PS - On this side of the aisle, we are allowed to call out our leaders when they deserve it - because we're not a Cult...
Oh! U mean , Ur now doing like Bill Bonner does . Acknowledging reality and speaking hard truth. Good for U .. But I still prefer to get mine from Mr. Bonner!
SE, take solace in the fact that you are not the only one that has been lied to. We've all been lied to.
Also take solace in the fact that we all hold in our hands, the final resolution in dealing with liars and power mongers that run our governments.
Something to do with one of the metals you and I hold dearly.
Bill, I suggest you do something constructive and follow the developing story from the J6 detainees that show the rot in the government that is the real cause of our debt and social decay. The shit you discuss is window dressing...
Exactly Allen, TDS and BS mostly from Bill now, or his ghost writer. Never heard such whining these past four insane years, but that is the problem with mental illness, you just don’t know when you’re infected. The leftist are planning a mass attack soon and it should be great reality TV…in the meantime, buy the dip in crypto 😊
That made me laugh, "buy the dip in crypto". Wow! Thank you. Needed some humor this AM.
You do realize that Crypto is tied at the hip with the DOW, right? That people bought into Crypto with their savings. Or credit cards, because Coinbase, Binanace allowed that right? Paying 18% interest on a $10,000 loan from VISA or M/C? That interestingly was NEVER tagged as a "cash advance." Good luck if it turns the wrong way.
If shit hits the fan, crypto will be shredded. Along with the rest of the market. The only survivors "might be" the ETFs that can weather the storm. But individual investors?
Say bye-bye.
All good Lucas! Keep on stocking gold and live happily ever after 😊 I feel terrible about the silly money I made in the fake crypto market, and the assets I’ve bought with the monopoly money 💵. If you listened to Bills son, they are also highly leveraged in crypto but only want you to keep 1% in Bitcoin🤔So please Don’t buy the dip and keep away from all tech and AI stocks and please just focus on gold. I’m sure you’ll survive just fine 😊
God. And me being all Mr. Serious there. Getting hard to tell sarcasm from real live legitimate advice.
Have a great day Steve!
God, I love our Team. We can disagree and still be friends. Each of us is allowed to have and share their own opinions without risk of being called juvenile names, shouted at and "cancelled." It's the difference between Free People and those too ignorant to see they are living in a cult...
Bitcoin (not talking about crypto) is tied at the hip to M2. Nothing else. And they're going to print, so...
Also of the left decried the overheated wall street as benefits for the rich. Now that the corrections taken place donald trump is destroying the economy.
I think I've got it figured out. Costa Rica...where I'm writing my post from this morning with a cup of coffee on the balcony looking at the Pacific Ocean.. For some reason right not I don't care what happens in the US.. I know I should but I dont.. Pura Vita....
Dibs on Mark's couch...
Well, CR has its issues too. But - on the bright side - there is no army and, frankly, outside of San José, little police. Good place to hang out while the world turns. Plus if there is a "Flash", good chance one might survive it. Trade winds blow from East to West and it is a long ways across the Blue Pacific.
I sorely miss the Tamarindo Beach of 40 years ago. The surfing was MIND-BLOWING, the nights spent in the open under a Tiki roof cost $.50/US (mainly paying for access to the one bathroom with indoor plumbing), the $3.00/US bottles of Ron Rico, the heaping, steaming plates of Bocas (beef strips with onions, peppers and fries), paddling around the jungle where it grew into the sea to get to a spot near a point called "Fuerte" (Strength) because of the waves there, beautiful animals & birds everywhere and not a fat chick in sight (from all the walking they did up and down the hills and mountains).
Ahhh, to be an 16-year old, fit and invincible American man-child living in that world for a short time...
Hmmm......Tamarindo, you say. Lived in El Tesoro for about 7 years. Before this crazy boom going on now. Don't even recognize it. Just crazy and Villareal - traffic nuts. Even Playa Grande is being built out without regards for the turtles. Nogui's back then only had ice on Friday. Otherwise, warm beer. And, the road to Langosta. And, for you surfers, there was Robert August pointing the way to Witch's Rock up the coast. Memories flood back.........
Yup. Great time to be alive and great place to do it...
PS - Home base was Sabanilla from about August 1981 - June 1982. There was one KFC and one Pizza Hut in the whole Country - they were building the first Holiday Inn in San Jose...
I’ve got a couple of buds who’ve moved to Costa Rica. They love it. But I’m not sure about the expat lifestyle.
Sluggo - each to his own. Frankly, the weather suit this cold 7/24 ol' man just fine. Never much gets lower than - say 76, and not much hotter than - say 91. If you live up a hill there is always a breeze. For me- Joie de vivre.
Too damn hot and huuumid.
It’s pura vida. You should know better.
Bill, you don't take on the Deep State without getting hit with a few punches. It is sad that you want them to win, then we all lose. It is like I am listening to CNN.
As far as the Canadiens, they don't want to get into a fight with the USA or Trump. They need us a lot more than we need them. I don't care if Canadiens vacation in the US or not. Where are they going to go.
Ontario relies on US tourism, boycott them. California, New York, Texas, and Florida all have higher GDPs than Canada. Put things into perspective.
So what You are saying Bob G. is that this all about money . Not about right and wrong. Yes Mr. T. should look after His own Country . Just as Any leader In this world should look after their Country. But In My opinion , which means squat, He is going about this in the wrong way. Control The debt and industry will come back when the playing field is leveled. No subsidies to any industry, such as tax breaks. But what Do I know , it is a complex world out there caused by politicians. Not You and I.
Spot on, Don. The only reason it’s gotten this far is because the insulated politicians don’t have the suffer the consequences of their actions. Their complexities are borne by us plebes.
Excellent point Aaron. political's need to suffer consequences.
And short ropes for Treason, where appropriate....
Oh for the good old days!
Agree Bart, they overload our cruise ships every winter, keeping the cost up and are cheaper than Scots! Again, all nonsense from our corrupt media because in reality, nobody gives a 💩
Any mention of EV subsidies in the waste and fraud Elon has found? Trump was happy about his executive order for plastic straws(but how many microplastics do you swallow with them?). Couldn't he just sign an order to end all EV subsidies and Carbon Tax Credits? The Climate Change Hustle is a bigger scam and fraud than anything Welfare Queen Elon and DOGE have found in government spending.
What is startling to me in this day and age - an Executive Order for Straws. Yes - our President, the elected Big Man of the most powerful country in the World, takes time to strike down paper straws. Reminds me of the song by Pete Seeger - "Where have all the paper straws gone, The feds have picked them every one." And, there you have it folks, how clear and focused priorities are in Washington. Thank God for all of them that slave away in Public Service.
All smoke and mirrors old man 😊
We should not be importing electricity from another country so in the end we will find another source, maybe using small modular reactors. Maybe the US should put a tariff on any vaccines we send to Canada, I remember Trudeau moaning that he could not get the COVID vaccines fast enough and Canada does not have capability to manufacture them?
We should have sent the vaccine to Trudeau and let him administer, feed the propaganda and distribute them to Canadians. So he could've made some money on them and got caught when Canadians got sick and experienced sudden deaths.
Would rather manufacture illicit drugs. . Easier to kill off the population. It is a wef thing ya know.
“And the blowback hits before the blow.” 🤨 “There’s a whole lotta shakin’ goin’ on,” and the savings of a lifetime may not be enough to outlast all the tomfoolery. “Stuck in the middle with you:” now there’s an apropos anthem that is somehow comforting: “clowns to the left of me, jokers to the right, here I am…”
If anyone thought that taking over from Biden’s mess was coming without extreme hardships is delusional. 40 trillion in debt, a worthless dollar and our former dominate manufacturing base sold off to asia brings with it hard times. Look at Argentina who is a year ahead of us in a smaller but similar predicament. They have turned it around and so will Pres Trump. Have just a little faith Bill.
Oh the illusions are so powerful. It took the country a couple years to figure out covid and the vaccines and then only half the country figured it out. Now whose fault is it that the stock market is collapsing? My suspicion is that greater than half the country will never figure that out, even though we've had 13-15 years to study the situation. But levered losses, I read of a lot of levered longs to the tune of $1 trillion, at a 20% drop will certainly force a few eyes to open and wake up a few Fed following "gurus." Seems to me there are plenty of chances for government to create undesirable effects. My bet is that Trump makes lots of "mistakes". But the current stock market collapse isn't one of them, in my opinion. There are two sides to every single story and hence in the end do you trust Trump or don't you? Is he trying to do what is best for America or not? America obviously believes Trump has integrity. He must decide to spend to keep the economy suspended for minuscule period of time (it wasn't ascertainable as to when the collapse would come) or cut spending to balance the budget and allow the economy to fall precipitously, which it is guaranteed to do anyway. Bill is in a no lose position: The chances are 99 to 1 that the economy will collapse, it's totally artificial while all the bets are long the economy. So by complaining about Trump he keeps us on the side of not laking the big loss. But we all just voted for Trump to remove the liars and their scams and corruption that is essential to remove if America is to survive as a working republic. It isn't a working republic now. Can we bring it back? Unfortunately we need a guy like Trump to fight the battles of right and wrong and take a beating for doing it. Trump is hard on the trail of correction but he is guaranteed to be wrong in most every step. Which is exactly why our politicians never did anything correctly in the first place. Now we have one guy, Massie, that will vote correctly on principle. Who knows what the best course of action is? Personally I'm with Massie, face the cutting process come what may. It's a lot easier to understand and moves in the right direction which we haven't done for 50 years.
Someone should have voted harder for Kamala Harris. Her team certainly would have fixed all these problems by now without angering our allies across the globe and Canada!
I'm sure that's tongue-firmly-in-cheek. [I don't insert smiley faces but here's a good place for one.] And we must remember that Kamala's team would have been Biden's team so I'm not at all going to regret what happened. I have always found it difficult to deal with Presidential changeovers in the middle of a governmental fiscal year (suck it up until the new year arrives to get back to basics?).
And it's becoming abundantly clear that "Biden's Team" is actually the Obama/Rice/Nuland/Jarrett/Blinken Team."
Autopen, anyone?
BREAKING: Egg prices drop by 11%— now lower than when Trump took office. Holy crap, it's working! Big Man Trump willed lower prices. What an amazing, people-loving patriot trying to cement his legacy of giving back. First eggs, then gas, then electricity and housing. What's next? Peace in Ukraine? Impossible.
SAM: Maybe the egg prices are down where you live, but not where I am. Peace in Ukraine is possible if Trump was fair in his assessments. He has already agreed with Putin that Ukraine started the war, which is a great big lie and only Trump would believe it. So much for truth and honesty. Also, Trump demeaning Zelenskyy in front of everyone was uncalled for.
Hi Dorothy. I don't know where to start. Official numbers from Trump's first month in office are in and the price of gas is down, eggs are down, overall inflation is down. Those are fresh numbers from today. Hasn't reached your market yet? Sorry to hear that. You're investor class; you'll be okay. Stop pretending.
Sam: Yes I am investor class who has been investing for many years, so I know the market very well. And have no complaint in that department. But I do worry about other people who are not as lucky as I am. Some of my neighbors and relatives are having a hard time making ends meet. I know…You probably feel the same way….maybe.
You mean we should have had greater election fraud?
I haven’t read all 72 prior comments but I think we need to remember who’s where. Oil has come down from $75 to $66. Ontario took back its electricity hikes. (My understanding is that 95% of Canadian exports go to the U. S. And 5% of U. S. Exports go Canada.). Ukraine says they’ll take the minerals deal and will discuss a 30-day truce.
In ‘22 Nasdaq went down 32%, S&P 18% and Dow 8% (as I recall) and I don’t remember anyone bitching then. And another year later we had massive inflation. Trump has the whole Democratic Party lying about him (he NEVER said he’d cut SS, Medicare or Medicaid.). And some of his own party who think they’re standing for an inachievable vision rather than take victory bite by bite. Personally, I think there’s likely $1T in waste and fraud just in those 3 programs I mentioned above. He also has $2T of additional investments promised in 2 months!
Let’s not get excited yet.
Have a great day and don’t worry. Yet.
Once again Bill, you search for Trumps flaws and disregard any good that may occur as a result of his leadership. I guess you still long for the good old days of Biden style corruption. I think with your grasp of politics, economics and history you could come up with some positives, if you’d only try.
Rich immigrants aren't going to pay off Jack Squat and everybody knows it including Trump. The US government is likely going to bankrupt out because Congress. The overvalued stock market is going to continue to bounce around all over the place. If Canucks are pissed because they tariff the crap out of our lumber and food and we're going to play the same game with them I don't care. In fact I hope they are as pissed as us for allowing them to do it all these year. If Canucks decide they don't want to vacation in America there's a huge upside to that. Maybe the Canuck couple that has scarfed our favorite beach dump on Jekyll Island for the entire winter season three years running won't come back next year and we can get our beach dump back. Winning. MAGA Baby!
And Bill, please don't hand us any of that free trade crap. There is no such thing and there never will be so how about dealing with the reality and getting on the winning team for a change?
Oh them crazy Canucks. Lee, I think You have to take some of MR. T'S words with a grain of humility. You give Canada too much credit for ripping off America . If only? Ask the border towns of how integrated the two economies are? Just My view as a Canuck stuck in this tariff tragedy. Nobody is without blame . Both sides of the border. Much depends on what color of coat You wear. You May see red or blue , that is the same on this side of the border. I think Starboard said it quite eloquently today. He calls them as He see's them, more or less.
Don, I'm sure you are not the only "Good Canuck" but that's beside the point. Our balance of trade deficit has hit $1 trillion/year all while we provide free police protection for the entire world that the world does not respect or appreciate. The free ride is over my friend. If we're not going to have free trade we're going to have fair trade. You hit us with 250% tariffs, we're going to hit you with 250% tariffs and then we'll see who wins this pissing contest. I'll bet the ranch we win. In fact, your clown in Ontario just folded his hand.
Yes free protection according to The USA. Did I ask the USA to protect My borders? You and Your Government took it over . Now Lee, as a neighbor Would You start a tariff war With ME? We have to know all the facts . both sides accounted for. My side will always look good, just as any human would do . But be fair, now that is a hard thing to do . Trade must be a win, win situation. We in Canada did not start this tariff thing , Your Government did . I will not lie down and take Your tariff s cause You say that We take advantage of Your Country. There are answers to this and Dialogue between all involved would solve Perceived anomalies. Now as far as Ontario is concerned . I and You do not know the details as they will never be disclosed . Yes You may win the battle , but the war is not over. I do not like to see any of this as both sides , that is the consumer will suffer and That is You and I. I could go on , but it will be a contest of words with no solution. History is a great teacher , if one wants to enjoy the past teachings? I have enjoyed My conversation with Your rebuttal . Thanks , it is always good to hear and feel other views.
Don, I have no beef with Canadians, as you all flocked to our Maine beaches in summertime, even though you got fleeced with the currency exchange, and damaged our eyes with miniscule should-have-known-better bikinis and "banana hammock" mens' Speedos. I saw an article yesterday, one of a few I've seen in recent months, that may be the REAL reason for our tariffs. It seems that the Chicoms have been shipping cheap steel and aluminum into your ports, and then getting it relabeled "made in Canada." Not saying if you all were duplicitous in this enterprise, but what better way to get your attention to cut that shit out?
Probably will not happen until the current regime is kicked out of office. I can only hope . But I am seeing more and more of the wef, un, cop, dei crap growing in this country. People seem to love communism, even if it is in front of their noses, or should I say their one way vision. Duped may be the best word to describe this scene.
Agreed--terrible societal situation all around! Apologies for the cheap shots I took.
Don, let's not conflate who did what first. Your country is the one that asserted a 250% tariff on our lumber a long time ago. Your country has also been running a trade surplus against us for decade upon decade. Not once did your government tell our government "You know all that free defense protection y'all have been affording us all these years while we tariffed your lumber 250%? We'd like to make amends for that and pay our fair share, part of which is getting rid of our outrageous tariffs on your products."
It's our fault for letting y'all get away with it. The good news is the imposition of tariffs against your country has got y'all talking about making things right after all these years. I hope this continues. I'm a big fan of Crown Royal and Crown Royal Reserve has gotten too blue for my blood. No worries though. Thirteenth Colony bourbon distilled right here in Americus, GA has served as a fine replacement.
You will have to enlighten Me on the 250 percent tariffs. Now on defense , have You heard of NORAD., the DEW LINE?
I'm very familiar with NORAD and the DEW line.
See the graph here at the bottom here:
https://joelbowman.substack.com/p/war-in-pieces
I'll make it easy for you. - US NATO spending - $860 billion Canada NATO spending $29 billion. See the imbalance?
"US urged to sell government’s 1.4 billion lbs of cheese reserves to buy Bitcoin" I had to look this up and it exists. We should export or "dump it" on our competition .... it would pair well with Bill's Malbec I am sure.
Don't knock it till you try it, Howard. It helped keep me, my mom and three bothers alive for a short time, way back when. My mom used to pick it up from the back of a semi-truck in the Sears parking lot. We weren't on any type of Welfare, but that cheese was available to anyone. Kind of a sickly orangish-yellow 1 lb. block that you could make many different wonders with in the kitchen...
Is GREAT just a word, or is it a feeling?
A perspective? lol.
McKinley’s vision stirs once more, rising like mist in the golden sands of time. But how many grains are left? How many months, days, hours, minutes, and seconds until the clock tower completes its cycle?
Imperialism watches like a hawk, ever observant. They say the stock market knows no names, yet weren’t names the ones who built it? lol. Ask a question to get another, and let confusion chase its own tail.
Annex the ice block, rope the Canadian horse. William, your stocks climbed skyward, so let the parrot repeat, let the feed scatter.
Hold fast to the gold bar, admire its shine. You cannot eat it, cannot drink it, but in fair trade, it can buy you all you need. For as long as the heart ticks, so does the market.
And somewhere in the echoes of time, Mahmoud the Mamluke watches, silently, unwavering. A shadow in the golden bourbon hourglass .
Wonder where your incredible WIT is when it comes to the level of tariffs Canada presently has on the US? BB You are really getting boring, your constant barrage of hate, no solutions and no chances given to the new administration. Right out the gate, your putrid display of prose is unbecoming. For years you had my ear, now, it is the same boring dribble. Why not mention Canada has 300% tariffs on some American products? What about the US dairy industry also with Canadian tariffs through the roof. You have just become a boring old man. You should follow the advise of Clint Eastwood, when asked how he continues his profession at 94, his response "I don't let the old man in". Try it, return the days when what you wrote had impact - instead of the Biden supporting nonsense you continue to put out. In reality, your prose has become bullshit. Right or wrong, I still see not one solution from you. Not one.