The murders got the world’s attention. Hardly noticed was the economy...because, after the communist takeover, it disappeared. You could not say ‘the economy declined.’ There was no economy.
Well, there’s four new houses going up within a half-mile radius of where I live. The economy might be tanking, but you’d never guess it in my part of the Free State of Florida.
Now, it could be due to all these northeasterners fleeing the leftist crap they helped create. Just hope they don’t bring their lunacy with them. Yankees, you see, are just like hemorrhoids: if they come down, but go back up, you can live with them. But when they come down and stay, they’re a pain in the ass.
Go to the car dealers and used car lots. I'll bet they're full on unsold vehicles. Delinquencies in auto loan debt (now $1.5 trillion) exceed both credit card debt and full-sprectrum debt. This is a true canary in the coal mine. Best always. PM
But another “canary” is air travel. Excluding the impact of this government shutdown, which is not a consumer indicator, airlines are still setting record passenger levels. That was my “canary” as a 35-year pilot at a major Georgia-headquartered airline. When pax loads fell off, the bell was tolling for tough economic times ahead. Soon. Was always accurate. That hasn’t happened…yet ;-)
All the constant sky-is-falling mantra here has done is cause a miss of a huge market rally over the last 3 years. And the sky was supposed to fall this entire time. Now the goal posts have moved, again. With all of the “we’ll get ‘em next year!” assurances, adjusted each year when it didn’t pan out, why, one would think the BPR writers were Florida Gators football fans.
The Gators are down but not out. Too many resources there. I don't get what happened. The game is definitely in flux. Coaches bring in paid talent that may or may not be in sync. As for the market, I don't enjoy gains or suffer losses. I left that game in 1999. Regardless, I rejoice when someone is successful. I think, though I have nothing to substantiate my thought other than running possibilities, and this will sound laughable to some, but is America too big too fail? Is the market, therefore, permanently capitalized? I don't know. A basic answer is refer to physics where mass is King. There is a LOT of mass in the USA and secondarily in the market. Best always. PM
Just pay attention to to what Trump is saying: his whole house of cards falls if the Supremes rule against his illegal and counterproductive tariff scam.
Bill, seriously, "guess" the market hasn't priced them in. The Market doesn't have a clue and believes the past will continue into the future. It never does "see the future" it is always that old bugga-boo - "don't fight the Market, don't fight the Fed". America's hegemony including the US$ is coming to an end - no, ifs or buts about it. Just when and this ol' man's guess is - sooner than later. The reference to Pol Pot is a bit rough - you could have picked Gaza, but then again, Gaza isn't over yet. The elites would love to have all of us peasants shackled in 10 minute cities living life under their surveillance and, most importantly, total control. As Bobby Dylan lamented - the world it is a-changin'. Multi-polar is not only coming but here. America and the West are desperately clinging to keep it afloat a bit longer but it won't be long at all. And, unfortunately for us peons, they have no desire to change course to help create a better multi-polar world. Going to be ugly...........got silver........
more noise - this ole windbag can’t get enough attention with his sour outlook on everything, and I mea everything. Nothing but crocodile teams from this ole POS…oops, maybe i mixed up the letters :-)
Excellent subject matter for our times. The study of Hayek, Hume, etc. should be mandatory in our public schools. The juxtaposition of a Stalin, Pol Pot, Mao - all of them - held up as the murderous fools they were. Karl Marx as the envious dreamer of a revolution led by the takers over the makers.
Jimm: No one said anything when Sleepy Joe, or for that matter Obama, gave billions to green-new-deal companies to help them get started. In fact the wind turbine industry would not exist but for federal subsidies. When these “investments” went broke and the taxpayers lost everything, crickets from the administration and the media. Now, DJT is getting shares (equity) in these companies in return for the taxpayers’ dollars. If they go broke, we still lose. However, if they prosper the taxpayer gets a return on our investment. As far as the President “telling” these companies what to do, minority stock holders hold no more sway over Board decisions than in any other investors. Plus, I believe these specific shares may not have voting rights, depending on the terms of the agreements. Let’s give this novel idea a chance. It sure beat what we got from our $500M+ gift from Solyndra. It could also revolutionize the way all future administration’s subsidize businesses to help them get started economy. What it isn’t, IMO, is a prelude to nationalism.
Dan, So Solynda would have been a winner had the Govt "invested" $500M+ instead of just "gifting"? If INTC can't make it in this overpriced market it sure is going to be a loser when the good times end!
Harold: the $500 billion sent to Solyndra was not an investment or a gift. It was money laundering pure and simple. The money Obama sent them was back out the door and into the hands of favored individuals and institutions before the company went bankrupt.
Harold: No, I think Solynda was a dog, due in large part to the lack of our foresight in their business viability and their misrepresentation of their business. So, success in these subsidies, or investments if you will, still depends on putting the money into sound businesses. This is no different than what Bill is supposed to be “selling” us in his subscriptions. It is what I risk in buying stocks every day. My “reward” for my risk taking is if the stocks get more valuable I make money with them. Why shouldn’t taxpayers get the same benefit when their money is given to a business that our administration believes is worthwhile to our economic interests? Duediligence yes. Reward for taking a risk, hell YES.
When you write "taxpayers," do I understand that to mean the U.S. Government? So when you ask why taxpayers shouldn't get the same benefit when their money is given to a business that the administration approves of, I had to stop for a little to think what Article of the Constitution gives the government the authority to support an individual business. Then it came to me -- of course! Article VIII: Private Economic Concerns - Taxpayer Support for. Is this what you were thinking of?
Instead of the government forcibly taking our money via the IRS and then deciding for us what private companies to "invest" it in, accompanied by the propaganda of potential ROI for ... The guvment, how about instead we keep that money and decide for ourselves what, if any, equity investments in private companies are worth making for our own individual hooed-for ROI? Who in their right mind wants Uncle Sam as their mandatory financial advisor with a mandatory managed account... Not to mention the fees! If this isn't some newly branded flavor of socialism or facism by another name, then at best it's another boondoggle and waste of our tribute.
Reading this today, I'm thinking "what rational individual can be pro-government?" And yet, AND YET, 50% of the electorate in this "country" can't wait to vote for socialism, or worse, Islamic utopia. Best always. PM
The politics of envy! When you have nothing and think you can’t get ahead, you don’t want anyone else to have anything either. All this rot started in 1971 when the US led the world off the gold standard. The West went to play and speculate with credit whilst the East went to work. Where we go from here … is anyone guess… but it’s not going to be pretty… especially for those of us who have protected ourselves and have something to lose.
Did you ever consider that your are living rent free in Trumps head? I voted for Trump, but so far I don't see any "real" results. "None of the above" is what we need.
I don’t suffer from TDS…Trump Devotion Syndrome. There are things I’m disappointed with, for sure. But, as Ronaldus Magnus opined, if we agree 80% of the time, we agree.
It would seem that Adam Smith, the Scotsman, had the same take on the creation of wealth as did Friedrich Hayek but 175 years earlier. What they both understood was how the basic nature of man responds to free economies; what a shock.
Our leader IS just as loony as Pol Pot. The main difference between the two is is that ours just doesn’t yet have the same power. He has made it crystal clear what he intends for his “enemies”—defined by him as ANYONE who opposes him. Today that’s about 57% of the nation. When the final effects of his warmongering and depression-creation become fully manifest, the opposition will climb to 77 or 87% and even his packed Supreme Court will not tolerate his manias. Pol Pot had not Supreme Court to deal with.
Ed: Really? DJT is comparable to Pol Pot? Either you believe this and I am wasting my time and ink in discussing it with you, or you were just a bit reckless in your choice of words in your response. Given I see these comment boards as opportunities to have diverse conversations without interruptions, I think the bar should be set at a level that supports dialogue without emotion. If you want to get stimulative responses, Sir, you might want to dial it back a bit. Otherwise, you might look at recording a Tic Toc video.
Well, you may be right; they’re not exactly comparable. Pol Pot slaughtered 1.5-2 million. Our 10 presidents since WWII have killed 27 million, an average of 2.7 million each, but Trump still has 80% of his term still left and in 9 months has created 200+ million USA opponents—whom he publicly despises. Not only has he talked about eliminating all of those (not entirely in jest), but he and his son-in-law have financed Israel’s ethnic cleansing, conspired with Netanyahu to put together a phony peace plan (with zero Palestinian input) and green-lit the slaughter/displacement of 7 million people from Gaza and the West Bank. And I suspect that he’s handed the WinRed (Republican) mail list over to the propaganda arm of the Israeli government. He makes Pol Pot look like Mother Theresa!
What number do you question? Most come from the internet: some from personal experience. I just spent a couple weeks in China and draw some from that visit. I think they provide perspective and are certainly better than name calling and insults. Feel free to correct my mistakes.
?? I avoid pharmaceuticals, but relish opportunities to expose myself to germs wherever I go. I think the key to good health is a strong immune system. It’s why Africa had so few Covid deaths
College, oh you mean indoctrination centers - Whats most funny is I don’t have a PHD, nor an MBA yet I managed over 350 people in my region, over 200 had both credentials. I found them pretty much worthless, as they were taught what to think, not HOW to think.
The dictator of Paraguay. “In March 1814, Francia imposed a law that no Spaniard may intermarry with another Spaniard, and that they may only marry mestizos, Amerindians, or Africans. This was done to eliminate any socioeconomic disparities along racial lines, and also to end the predominantly criollo and peninsulare influence in Paraguay.”
If Dane Wigington is right and geoengineering is happening worldwide, none of this matters. I’m trying to sort out whether or not his claims are true. The truth won’t be found in the MSM or Wikipedia. No! I don’t believe in “conspiracy theories” for their own sake. The phrase “my truth” drives me nuts. I would just like to know the truth. Maybe there really isn’t an “absolute” truth and everything is relative. Of course I’m all pumped up now after watching Tucker’s video of yesterday. So don’t call me crazy just yet. I’ll calm down after 1700 hours today. 😎
More likely, they'll be hoeing soybeans in Oklahoma. But if they want to try tomatoes, then they'll prove why such forced labor programs don't work: They try to grow the wrong produce. They might be able to grow some tomatoes, but there are other plants that would grow better.
Well, there’s four new houses going up within a half-mile radius of where I live. The economy might be tanking, but you’d never guess it in my part of the Free State of Florida.
Now, it could be due to all these northeasterners fleeing the leftist crap they helped create. Just hope they don’t bring their lunacy with them. Yankees, you see, are just like hemorrhoids: if they come down, but go back up, you can live with them. But when they come down and stay, they’re a pain in the ass.
Go to the car dealers and used car lots. I'll bet they're full on unsold vehicles. Delinquencies in auto loan debt (now $1.5 trillion) exceed both credit card debt and full-sprectrum debt. This is a true canary in the coal mine. Best always. PM
It can be.
But another “canary” is air travel. Excluding the impact of this government shutdown, which is not a consumer indicator, airlines are still setting record passenger levels. That was my “canary” as a 35-year pilot at a major Georgia-headquartered airline. When pax loads fell off, the bell was tolling for tough economic times ahead. Soon. Was always accurate. That hasn’t happened…yet ;-)
All the constant sky-is-falling mantra here has done is cause a miss of a huge market rally over the last 3 years. And the sky was supposed to fall this entire time. Now the goal posts have moved, again. With all of the “we’ll get ‘em next year!” assurances, adjusted each year when it didn’t pan out, why, one would think the BPR writers were Florida Gators football fans.
The Gators are down but not out. Too many resources there. I don't get what happened. The game is definitely in flux. Coaches bring in paid talent that may or may not be in sync. As for the market, I don't enjoy gains or suffer losses. I left that game in 1999. Regardless, I rejoice when someone is successful. I think, though I have nothing to substantiate my thought other than running possibilities, and this will sound laughable to some, but is America too big too fail? Is the market, therefore, permanently capitalized? I don't know. A basic answer is refer to physics where mass is King. There is a LOT of mass in the USA and secondarily in the market. Best always. PM
Just pay attention to to what Trump is saying: his whole house of cards falls if the Supremes rule against his illegal and counterproductive tariff scam.
Always Trump. The whole thing is failing, anyway. Whom would you choose as figurehead? Best always. PM
Same here Sluggo! Plowing under the farm fields and raising development after development. Guess there is a lag where the funding will dry up
Yessir. Several developments going up in the overall area here, and over in LA (Lower Alabama)
Bill, seriously, "guess" the market hasn't priced them in. The Market doesn't have a clue and believes the past will continue into the future. It never does "see the future" it is always that old bugga-boo - "don't fight the Market, don't fight the Fed". America's hegemony including the US$ is coming to an end - no, ifs or buts about it. Just when and this ol' man's guess is - sooner than later. The reference to Pol Pot is a bit rough - you could have picked Gaza, but then again, Gaza isn't over yet. The elites would love to have all of us peasants shackled in 10 minute cities living life under their surveillance and, most importantly, total control. As Bobby Dylan lamented - the world it is a-changin'. Multi-polar is not only coming but here. America and the West are desperately clinging to keep it afloat a bit longer but it won't be long at all. And, unfortunately for us peons, they have no desire to change course to help create a better multi-polar world. Going to be ugly...........got silver........
more noise - this ole windbag can’t get enough attention with his sour outlook on everything, and I mea everything. Nothing but crocodile teams from this ole POS…oops, maybe i mixed up the letters :-)
Excellent subject matter for our times. The study of Hayek, Hume, etc. should be mandatory in our public schools. The juxtaposition of a Stalin, Pol Pot, Mao - all of them - held up as the murderous fools they were. Karl Marx as the envious dreamer of a revolution led by the takers over the makers.
Donald Trump is using taxpayer money to buy parts of US corporations. Soon he will be telling these firms what to do.
Although his commerce secretary declared Trump's purchases do not constitute socialism, Trump is intending to prove his form of socialism works.
Jimm: No one said anything when Sleepy Joe, or for that matter Obama, gave billions to green-new-deal companies to help them get started. In fact the wind turbine industry would not exist but for federal subsidies. When these “investments” went broke and the taxpayers lost everything, crickets from the administration and the media. Now, DJT is getting shares (equity) in these companies in return for the taxpayers’ dollars. If they go broke, we still lose. However, if they prosper the taxpayer gets a return on our investment. As far as the President “telling” these companies what to do, minority stock holders hold no more sway over Board decisions than in any other investors. Plus, I believe these specific shares may not have voting rights, depending on the terms of the agreements. Let’s give this novel idea a chance. It sure beat what we got from our $500M+ gift from Solyndra. It could also revolutionize the way all future administration’s subsidize businesses to help them get started economy. What it isn’t, IMO, is a prelude to nationalism.
Dan, So Solynda would have been a winner had the Govt "invested" $500M+ instead of just "gifting"? If INTC can't make it in this overpriced market it sure is going to be a loser when the good times end!
Harold: the $500 billion sent to Solyndra was not an investment or a gift. It was money laundering pure and simple. The money Obama sent them was back out the door and into the hands of favored individuals and institutions before the company went bankrupt.
Flier, I agree with your statement, money laundering pure and simple.
Harold: No, I think Solynda was a dog, due in large part to the lack of our foresight in their business viability and their misrepresentation of their business. So, success in these subsidies, or investments if you will, still depends on putting the money into sound businesses. This is no different than what Bill is supposed to be “selling” us in his subscriptions. It is what I risk in buying stocks every day. My “reward” for my risk taking is if the stocks get more valuable I make money with them. Why shouldn’t taxpayers get the same benefit when their money is given to a business that our administration believes is worthwhile to our economic interests? Duediligence yes. Reward for taking a risk, hell YES.
When you write "taxpayers," do I understand that to mean the U.S. Government? So when you ask why taxpayers shouldn't get the same benefit when their money is given to a business that the administration approves of, I had to stop for a little to think what Article of the Constitution gives the government the authority to support an individual business. Then it came to me -- of course! Article VIII: Private Economic Concerns - Taxpayer Support for. Is this what you were thinking of?
Instead of the government forcibly taking our money via the IRS and then deciding for us what private companies to "invest" it in, accompanied by the propaganda of potential ROI for ... The guvment, how about instead we keep that money and decide for ourselves what, if any, equity investments in private companies are worth making for our own individual hooed-for ROI? Who in their right mind wants Uncle Sam as their mandatory financial advisor with a mandatory managed account... Not to mention the fees! If this isn't some newly branded flavor of socialism or facism by another name, then at best it's another boondoggle and waste of our tribute.
Dan -Two wrongs don’t make a right
Reading this today, I'm thinking "what rational individual can be pro-government?" And yet, AND YET, 50% of the electorate in this "country" can't wait to vote for socialism, or worse, Islamic utopia. Best always. PM
The politics of envy! When you have nothing and think you can’t get ahead, you don’t want anyone else to have anything either. All this rot started in 1971 when the US led the world off the gold standard. The West went to play and speculate with credit whilst the East went to work. Where we go from here … is anyone guess… but it’s not going to be pretty… especially for those of us who have protected ourselves and have something to lose.
“Murderous”?! YGBSM, Bonner. You’ve gone mad with TDS.
The way Trump is living in your head rent-free, it’s like that must be the place where he’s building his big, beautiful ballroom.
Did you ever consider that your are living rent free in Trumps head? I voted for Trump, but so far I don't see any "real" results. "None of the above" is what we need.
I don’t suffer from TDS…Trump Devotion Syndrome. There are things I’m disappointed with, for sure. But, as Ronaldus Magnus opined, if we agree 80% of the time, we agree.
Nice try, though.
It would seem that Adam Smith, the Scotsman, had the same take on the creation of wealth as did Friedrich Hayek but 175 years earlier. What they both understood was how the basic nature of man responds to free economies; what a shock.
Our leader IS just as loony as Pol Pot. The main difference between the two is is that ours just doesn’t yet have the same power. He has made it crystal clear what he intends for his “enemies”—defined by him as ANYONE who opposes him. Today that’s about 57% of the nation. When the final effects of his warmongering and depression-creation become fully manifest, the opposition will climb to 77 or 87% and even his packed Supreme Court will not tolerate his manias. Pol Pot had not Supreme Court to deal with.
Ed: Really? DJT is comparable to Pol Pot? Either you believe this and I am wasting my time and ink in discussing it with you, or you were just a bit reckless in your choice of words in your response. Given I see these comment boards as opportunities to have diverse conversations without interruptions, I think the bar should be set at a level that supports dialogue without emotion. If you want to get stimulative responses, Sir, you might want to dial it back a bit. Otherwise, you might look at recording a Tic Toc video.
Well, you may be right; they’re not exactly comparable. Pol Pot slaughtered 1.5-2 million. Our 10 presidents since WWII have killed 27 million, an average of 2.7 million each, but Trump still has 80% of his term still left and in 9 months has created 200+ million USA opponents—whom he publicly despises. Not only has he talked about eliminating all of those (not entirely in jest), but he and his son-in-law have financed Israel’s ethnic cleansing, conspired with Netanyahu to put together a phony peace plan (with zero Palestinian input) and green-lit the slaughter/displacement of 7 million people from Gaza and the West Bank. And I suspect that he’s handed the WinRed (Republican) mail list over to the propaganda arm of the Israeli government. He makes Pol Pot look like Mother Theresa!
hmm, wondering where you are getting your numbers from.
What number do you question? Most come from the internet: some from personal experience. I just spent a couple weeks in China and draw some from that visit. I think they provide perspective and are certainly better than name calling and insults. Feel free to correct my mistakes.
See above.
Yea, that just tells us your numbers
...looney is believing the PRC (CCP) has your well-being in mind next time you want medicines or PPE.
?? I avoid pharmaceuticals, but relish opportunities to expose myself to germs wherever I go. I think the key to good health is a strong immune system. It’s why Africa had so few Covid deaths
"Nor have US stocks ‘priced in’ the danger of a murderous regime that will wipe out millions of college graduates".
WTF Billy....
College, oh you mean indoctrination centers - Whats most funny is I don’t have a PHD, nor an MBA yet I managed over 350 people in my region, over 200 had both credentials. I found them pretty much worthless, as they were taught what to think, not HOW to think.
The dictator of Paraguay. “In March 1814, Francia imposed a law that no Spaniard may intermarry with another Spaniard, and that they may only marry mestizos, Amerindians, or Africans. This was done to eliminate any socioeconomic disparities along racial lines, and also to end the predominantly criollo and peninsulare influence in Paraguay.”
If Dane Wigington is right and geoengineering is happening worldwide, none of this matters. I’m trying to sort out whether or not his claims are true. The truth won’t be found in the MSM or Wikipedia. No! I don’t believe in “conspiracy theories” for their own sake. The phrase “my truth” drives me nuts. I would just like to know the truth. Maybe there really isn’t an “absolute” truth and everything is relative. Of course I’m all pumped up now after watching Tucker’s video of yesterday. So don’t call me crazy just yet. I’ll calm down after 1700 hours today. 😎
Ah, just as I expected 🤨.
...be sure to line your hat with aluminum foil.
More likely, they'll be hoeing soybeans in Oklahoma. But if they want to try tomatoes, then they'll prove why such forced labor programs don't work: They try to grow the wrong produce. They might be able to grow some tomatoes, but there are other plants that would grow better.