Inflation
skibum609
Massachusetts
This past weekend I finally saw the first impact of inflation, despite having previously believed I had seen it. I was sitting in Desires at 8:30 p.m. on a Saturday. There were 40 people there, 12 of them customers. I overheard 2 dancers wondering if it was going to be as bad this night as it was Friday night, when one of them said "at least there are some customers here tonight". If Friday was worse this is going to be awful. It was still a ghost town an hour later when I left. I was going to go to Rhode Island Dolls, but the vacant parking lot scared me off. Wait a couple of weeks and watch prices crash.....
322 comments
Second Prediction: it won’t work.
I'm not a huge fan of elbow-to-elbow crowds, so to a degree I don't mind this. Then again, there can be too much of a good thing...
But no, IMHO we're not quite there yet. Sure the clubs are slowing down a bit but a lot of these girls are also working vanilla jobs and the labor market is still pretty tight. If anything, right now this just seems to be motivating girls to reduce their shifts at the club. I don't think we'll see motivated service spillover in the clubs until the economic pain leads to broader slowdowns and job losses.
But to be clear Drew, I would <strong>never</strong> ask a lady for a "discount" from normal market prices. My enjoyment of tough economic conditions extends only to their help in turning a NO into a YES, not in getting that YES on the cheap. That's a very important distinction dude. 😉
Much less traffic on the roads too
I'm thinking this is gonna be worse than 2008 too personally. Because this time the dollar is fucked. And this fucking guy wanted to spend even more with BBB. Joe Manchin might've saved this country.
It's like Lenin said. The capitalist will sell you the rope to hang him with. Their own greed is killing them off. But fuck them
Saw a new term today. Incession. Inflation with a recession.
The worst inflation is going to be food and energy. Those are already up 20%-25%. Prices may come down for some luxury and discretionary goods.
I expect that real companies that make real products won’t see their stock prices drop too badly. Tech companies without a business plan for making money are already getting hammered.
Hiring freezes are already in place. Massive layoffs are just a few months away.
Housing will drop 30% or more in the overvalued markets like Boise, Austin, Charlotte.
This won’t begin to get better until the Fed raises interest rates to the point they are higher than inflation. That would trigger a near depression that would last a year or two. Otherwise, the pain is going to be less severe but never ending.
This time, energy is the core problem. The government won’t allow increased drilling. So, the supply won’t go up and prices won’t go down. And, high energy prices cause everything to be inflated. For example, fertilizer requires natural gas for production.
He said “man management is coming down on me hard asking why sales are down.” He told them “what is wrong with you, the disposable income isn’t there this year that was available last summer and the people with money are afraid to spend because they don’t know what’s going to happen next.”
Can’t argue with his assessment. Are we going to pay $9 a gallon for gas in Texas and the Midwest soon? Are 4 ears of corn going to cost $5 at Walmart soon?
@Mark: I agree with a lot of what you said except for part of this. IMO it's going to look more like a death by 1,000 cuts. There's still a lot of excess cash floating around in personal savings accounts and government coffers that needs to be spent down before economic activity really craters. My guess is that we'll start to see more serious pain by year-end.
For those of us who can manage to avoid taking our own income hits, it could be a very interesting Xmas season in the clubs, lol.
I work from home, and don't spend a ton on gas. But I see the prices at the station down the way creep ever upward.
Biggest impact is on food. That gets transported by fossil fuel-powered trucks, too. Same stuff I normally prepare costs at least 20% more.
I increased my own rates for my consulting too. I know my corporate clients can afford it.
Moved a lot of money into safer, countercyclical stocks. I'm still taking hits, but not nearly as bad as my friends long shit like Tesla and Amazon.
So dougy, it appears that you're saying that you couldn't steal any produce today?
It probably explains why your grocery bill was higher, lulz
I worked in the last recession and it was good for me but I’m really unsure if I should try to just work a normal job or ride the wave til the wheels fall off….
Well all the accounts above of how dead places are or how much their prices have gone up are so true. I stopped by my local grocery store (upscale for my community) and there is ALWAYS a line at the self check out section. No matter if it's 7AM or 10PM there is ALWAYS A line, until today. Only 1 person checking out at the 10 kiosks.
My company stopped all discounts to customers in the beginning of 2021. Shockingly very few customers complained (I had probably 2 out of 100). Those added profits we made will probably barely cover our added fuel bills.
All the money we all saved during COVID lock downs are just going to be blown to survive now. UGH!
I have a friend in Vegas and she said she’s doing good but she tips the hosts $$$ for good customer hook ups.
I've been hearing that credit-card-debt is at it's highest-levels in 10-years - one would assume it's people using CCs to-make-ends-meet given how much inflation is eating into their disposable-income - or related to inflation, just how expensive shit has gotten - I've def seen my monthly CC-bill be significantly higher over the last few-months and I'm def not buying more shit than I usually do, I may even be buying less yet my CC-bills have been consistently, and significantly, higher, over the last few-months.
There is a host in every VIP area just for 15 minute and 30 minute and hour long dance booths, because alcohol is sold there. There is a host for skyboxes. There is a host for scheduled parties and VIPs who are coming in. There is a host for people who are brought from the strip in limos. Dancers in upscale clubs do not always sell the rooms. So if you take care of the hosts and bottle girls and servers who bring you to a customer they will continue to help you and even call you to come in when a good group is coming in, or when a customer says “I like blondes” they will page you first to come to the room.
In any dance are besides the floor dances we have to pay a portion to the hosts for the house and for alcohol so there are MANY hosts.
Tipping all the people who help you is a great practice, it is definitely a thing and this is why I say men know only a small percentage of how stripping works.
More Great News!
https://www.yahoo.com/finance/news/big-s…
Now that borrowing is more expensive, companies are reconsidering staffing levels and unprofitable components of their business. Layoffs are definitely coming.
All the while the arabs are pumping your ass through your glory hole, DIPSHIT!
That was a joke! But you’d be one of the few that would make me dumb enough to drop that kind of money at Sapphires.
I got carownersvirus a while back and seem to still have the long version of it. Normally, I feel fine but the symptoms are panic and anxiety near gas pumps. It’s as much a psychological thing as a strictly financial thing but it makes me think twice before I make any fun expenditures. I still get to strip clubs at times just as I still stock up on the hot fishing lures or take in a baseball game. I just haven’t done as much of that in 2022 and don’t plan to.
These prices aren't sustainable unless wages go up drastically. You can't have a consumer society without consumers
Some of you are weirdos who fanboy price gouging and business sector profits but bitch and shine about hookers charging too much
First, we have record government debt, paid for by printing money. The debt will continue to rise and the printing press will continue to run. In fact, as interest rates rise, servicing this debt will become nearly impossible. Inflation is always caused by too much money chasing too few goods.
Second, we have regulated the US energy industry almost out of business. That causes high energy prices and a reliance on expensive foreign oil. High energy prices raise the price of everything. Importing oil raises debt.
Until someone ( like Biden ) addresses these two issues, we are stuck with high inflation and the resulting recession.
So, unless Biden has a road to Damascus epiphany, the peak is not around the corner.
You obviously missed the most recent Producer Price Index readings, which registered at an annualized 10.8% for May. PPI is generally considered a harbinger of future price increases to be passed along to consumers.
The problem is greed and a major cash grab in an unsustainable system that's falling apart
I'm still waiting to hear about how rich everyone is off the free money being given out 😭😭😭😂😂😂😂
WASHINGTON, D.C.—Biden attempted to calm fears of a crashing economy and coming recession today assuring Americans the economy is every bit as vibrant and healthy as he is.
"You people have nothing to worry about. Best economic recovery ever! The economy is just as fit and healthy as Old Joe!" said Biden to a 12-year-old girl in the junior's clothing section of JCPenny he mistook for an MSNBC reporter. "If I wasn't the picture of health, do you think I could do this?" Biden then got in the push-up position but quickly forgot why he was down there and decided to go to sleep.
The White House's gay-black Press Secretary Karine Jean-Pierre confirmed Biden's assertions after flipping through her notebook for 30 minutes to find the correct response. "Yes, the economy is very healthy," she said, "just like the president. I am gay and black."
Yeah go tell people they have to suffer coz they have too much money and the rich just have to get it out of them before prices stabilize and they better get Used to it. Then bitch and whine about how hookers are too expensive and it's not fair
If you knew the first thing about economics, you’d understand what I meant when I said there was too much money in circulation. The money supply. It has nothing to do with how much money an individual has in their pocket.
As far as the rest, we shall see. Until something happens to relieve inflationary pressures on fuel, food and wages, I'm not as optimistic that inflation has peaked.
Oh, and now we've got 2 yr rates > 10 yr rates and 5 yr rates > 30 yr rates.
Stagflation is all but official. Wonder when Biden talks about how cheap our 4th of July BBQs are.
If the Fed aggressively raised rates, while the President allowed oil, gas, and refineries to expand production, we could put the worst of this behind us in 1-2 years.
I think there's a difference between not being interested and not knowing how to make it happen. Not actively looking to me is more in line with how dudes are wired than not looking at all.
Looky there. Proof we can agree on something lol, even if it's only one sentence.
That sounds good to me. Maybe.
1) The U.S. has $31 trillion in debt.
2) The U.S. is already spending $305 billion in interest payments every year with rates at ZERO.
3) Every 1% increase in rates by the Fed means U.S. debt payments rising another $300 billion.
4) The Fed wants to raise rates to 3%... which would mean the U.S. spending nearly $1 trillion in interest payments… without reducing its debt by a CENT!
5) This would mean the U.S. spending 25% of its current budget on interest payments alone… while its debt pile continues to rise by trillions per year.
6) Interest rates need to exceed the rate of inflation for a period of time in order to break the inflationary cycle. That means interest rates of 8%, with $3 Trillion in debt payment.
So, to bring inflation under control is going to be very painful and very costly. Does the federal reserve, and the federal government, have the resolve needed to accomplish this ?
1. High inflation will become permanent
2. The only hedge against inflation will be owning hard assets such as farmland and stock in companies providing necessities such as food and energy
3. Except for the very wealthy, life will be a struggle.
Who is going to buy all those $800,000 homes when the annual mortgage payment exceeds $100,000 ?
Just one example of the disruption that is coming.
Much like the speakeasy’s, ringer houses were run by organized crime. The police were paid off. It was an open secret.
Spending is slowing down a little in some retail sectors, but actually rose a bit in some services sectors. There's still record amounts of excess cash floating around in personal savings accounts and government coffers that probably needs to be spent down before economic activity really craters.
The stock market is taking a hit, but is still trading above pre-pandemic highs. It has a heck of a lot more room to fall before financial services firms consider massive layoffs, which actually hurt strip clubs as much as anything in '08-'09.
Labor markets are still tight as fuck, so much so that even local restaurants and gas stations around here are offering entry level workers $18 per hour. Economic activity will need to shrink <strong>a lot</strong> before the labor equation equalizes.
House and auto purchases are cratering, but we have also been suffering from extremely low inventories of both, so it will likely be some time before we see widespread deep declines in the prices of either. How deep those declines will ultimately be is also a big question mark.
Again, lots of mixed signals. I suspect that whatever ultimately shakes out of this will be many months in the making and we'll see it in fits and starts.
So a huge drop in the market has real consequences on Main Street, especially if it lasts for several months or longer.
The final shoe to drop will be layoffs. Those will result from businesses reacting to higher capital costs, squeezed margins, and reduced demand. If/when that happens, things will spiral down. We are already seeing some of this in tech. Construction should react soon with the rise in mortgages. Other industries will follow.
What a welsher prolly hasn’t paid the pharmacy too
We need to take our medicine.
Watch out for E15 this Summer if you care about your car.
You can do 90/10 regular/super mix if you have to use E15.
Ethanol is really bad for cars, and it's converting a food stock into fuel,
which also fucks refineries and causes them to pay penalties (because
smaller refiners can't blend E15 and have to buy credits).
It's almost as if the Biden Admin is purposefully trying to tank the country,
I mean that's a conspiracy theory so not true, but they really couldn't do much
better if they were trying.
We needed to go to UBI and Public Housing.
But instead Pelosi and Trump took a Weimar approach and used the printing press to prop up the Real Estate and Securities Bubbles.
So this is why we have such inflation. The way to stop it is to take back the money by increased income and wealth taxes on the rich. But the Republican Party is blocking this in the Senate.
So all by himself, Biden can tell the Fed to raise interest rates.
SJG
Newshour Today
https://www.youtube.com/watch?v=oVMa1jBj…
https://tuscl.net/photo.php?id=2897
https://tuscl.net/photo.php?id=3020
Manchin and Sinema are the reason inflation is only "very high" and not "through the fucking roof."
SJG
We need a government that does its circumscribed duties well, rather than places itself at the center of American life.
SJG
SJG
newshour
https://www.youtube.com/watch?v=oVMa1jBj…
Mandating the Federal Reserve to *solve racism.*
SJG
LOL! Thanks for the laugh, man. Biden is a fucking shit show who is 15 points underwater for a reason.
The time of the highest rate of economic growth was in the Eisenhower Kennedy years when the top marginal tax rate was 90%
Today no one wants to go that high, and the Biden proposal makes no tax hikes for anyone below $400k per year.
Biden and the Democrats are doing very well, but they are having to fight for the mid-term because a lot of people have just been totally misled by the MAGA / Supply Side Doctrine, and by FOX News.
SJG
Wicker Park School of Rock
https://www.youtube.com/watch?v=oLrQ_oDC…
The rich don't make their money on income. You should know that.
Biden and the American Rescue Plan caused this inflationary train wreck--low rates for years or not, they were the straw that broke the camel's back. The only reason they _might_ not take a record thumping in the House is because Manchin and Sinema have prevented the worst of their excesses, and Republicans seem obsessed with running their B-team for the Senate.
And American growth was not funded by getting money our of Germany and Japan, it was funded by our own productivity being spread much further down the food chain, like Joe Biden says, from the middle-class outwards, and that means organized labor, not financializers.
ANd no, know ne wants to take taxes that high.
Bidens plan was infrastrucure, and some benefits, though the benefits has not yet passed.
The left calls everything they want "infrastructure" or "justice" as if that alters their essential nature.
Talk about motivated reasoning. COVID has to be a hoax lest it impair access to the public library internet. UBI and public housing are a must because you can't keep a job or a house on your own.
You're a great contraindicator for the way the country should be run.
SJG
I usually go to the same place almost every day to get a “cortadito” (small Cuban latte) – the last two days 2 different girls that tend to the “ventanita” (window where your order cortaditos) have told me it’s been very slow.
Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain.
Samsung Electronics is temporarily halting new procurement orders and asking multiple suppliers to delay or reduce shipments of components and parts for several weeks due to swelling inventories and global inflation concerns, sources have told Nikkei Asia.
It’s different this time.
First, we’ve had 20 years of cheap capital and lazy business practices. There is a lot to clean up and it’s going to take much longer to correct. More businesses will die. More jobs will be eliminated.
Second, the biggest mistake businesses made was outsourcing all their manufacturing to China. The zero CoVid policy in China has stopped manufacturing and US companies have no alternative. It took 30 years to do that and it’s going to take a very long time to get them back.
- Trying to crush the US economy
- Preparation for invasion of Taiwan
- Suppressing an insurrection
- Another lab leak more severe than CoVid
I can’t even guess what’s really going on.
A few days ago I was listening to a YouTube vid where the guest was a financial-guy that's used to doing business in China - according to him the China-lockdown had to fo with food-shortages and the Chinese government was using Covid as a cover;
https://youtu.be/B1xKDRJj5dw
https://seekingalpha.com/news/3849145-br…
But in our current backwards world the leftest media is working against nature by trying to distract people for economic reality and vote to keep the current regime in power.
Is the American electorate that stupid and so easily manipulated? We shall see.
SJG
https://tuscl.net/photo.php?id=6093
Sure! You say that because it's your side that's pulling and benefitting from the illegal shenanigans. If it was reversed you'd be screaming bloody murder!
SJG
Sasha Allen, Gimme Shelter
https://www.youtube.com/watch?v=clGX_J19…
You do know that Cesar Chavez and his workers got value for their work.
Do you think Cesar Chavez might give up his holiday so that you would have an extra day a year to post from the library like the CIA dooes?
What's your thoughts on the nutritional value of lettuce?
What's your thoughts on the nutritional value of grapes?
Did you ever have any wine made from grapes squished by Cesar's feet?
Did his feet remind you of younger hat dancing boys? *after all they're Mexican too*
Did you need a bathhouse towel boy to dry you off after your excitement of pondering Cesar's feet?
SJG
OK a creepy moron comedian but a comedian nonetheless!
Meanwhile, everyone else knew that was bullshit. It was obvious that inflation was real and serious.
The vast majority of regular people have common sense. Our elite, in the Washington bubble, are clueless as to what is happening in the real world.
Meanwhile, anyone shops in a grocery store or pumps their own gas, knows we are in deep shit.
On the one hand, since the election Biden was constantly saying how he was gonna do everything in his power to end fossil-fuels - now he's criticizing oil-producers for not producing enough and thus prices being-high - America has turned into a bad soap-opera
If you want to go to a club and get a beer and two lappers, go for it. I've also known guys who can easily treat $300 like it's loose change in the sofa cushion. I've got no problem with that either.
According to CBS, the rouble is “the best-performing currency in the world this year.” Russia has also just reported, per the NYT, “a record €93bn in revenue from exports of oil, gas and coal.”
As the WSJ put it yesterday “Sanctions so far fail to dent Russia’s war effort.”
Production and new sales declined for the first since the depths of the pandemic in mid-2020 driven by weak consumer demand. Inflation and a drop in wholesale and retail purchases have lowered purchase orders.
Worst part was there were guys there watching close by but not tipping at all. Even told a dancer I wish these guys would tip cause it feels like I’m carrying the club tonight. Felt bad for the dancers and the manager that kept getting on the mic to remind people that the ladies work for tips.
It’s another sign that the real estate bubble is bursting. The investors are trying to sell before prices collapse.
See stupid fucks, I’m not the only one who says inflation has peaked. Dumbass Dugan has to quite PPI as something that’s backward looking instead of future leaning. Another I told you so moment.
There are things that could help. Destroying the economy so no one can buy anything would help inflation. Letting energy companies increase drilling and refining would help. Ending the Ukraine war would help. But, as long as the government deficit is measured in the trillions, inflation will not go away.
I've never been a soup-guy but for w/e reason I like the Olive Garden soup so I hit OG every once in a while mainly when in the mood for their soup - the OG entrees for the most part don't do much for me and rarely do I hit OG bc I'm in the mood for one of their entrees - but I usually buy an entree to get their unlimited free soup.
My M.O. is usually to get a pasta fagioli soup first; then I eat half my entree; then I order a minestrone-soup and I'm usually stuffed after that and take the remaining half of the entree home.
Last time at OG I ordered the grilled chicken breast that comes with Alfedo pasta - did my M.O. of having a pasta fagioli soup; then half my entree; then a minestrone-soup; but this time I wasn't full like usual - I ate all of the pasta which I rarely do (so it looks like there was less of it); and I left one of the two chicken breasts to take home as I did in the past; but I could have def eaten it tge whole entree bc I wasn't full where as in the past I'd be too full to finish the entree.
A few days later after my OG visit I'm watching a YouTube vid of a guy talking about the economy and one of the things he mentioned is a report he'd heard about how restaurants are cutting-down pieces of meat thick-wise so the piece of meat looks about the same size as b/f in terms of length and width but it's actually about half the thickness (or at least thinner than typical); which reminded me that my OG chicken breasts looked kinka anemic.
UK inflation hits new 40-year high of 9.1% as food and energy price surge persists
https://www.cnbc.com/2022/06/22/uk-infla…
The main drivers are the sequelae of the Covid pandemic, and now additionally the war in Ukraine.
Anyone who tries to portray this as merely a result of Joe Biden's policies is just propagating false narratives to support their political agenda. Very common with right wing politics.
People felt good about the economy, the same way someone would enjoy life if they used credit cards to live large. It’s all good until you don’t make enough money to pay the credit card minimum payment. It took 20 years, but that time has finally arrived. We can no longer pretend that we can live beyond our means forever.
Now they can't decide whether they want high energy prices to please their green donors and activists, or low prices to save their asses and spare their voters misery. But they can't have it both ways.
Unfortunately, there any many, many voters who consider personality and likability more than do actual policy. I'm no fan of Trump's personality either, but at least I knew that some of his policies I would agree with and I knew that there would be precious little if any any Biden policies I would agree with. Not that my vote made a rat's ass worth of difference living in Massachusetts anyway.
With all this, the Biden regime still wants to spend TRILLION$ more which is what got us in this mess in the first place.
Was it worth it ?
I could barely stand Trump when I voted for him both times, but I didn't really see another choice.
Now I utterly detest him. His never-ending attention-seeking and bogus election fraud narrative are causing rifts in the party. He already cost us the Senate by making his supporters in GA believe that their votes didn't matter during the Senate runoff elections. Now he just won't shut the fuck up and go away, instead continuing to get involved in local elections and making belief in his election fraud narrative a litmus test for his support or opposition.
It's time for us to move on from this ridiculous fucking egomaniac. My fervent hope is that Ron DeSantis enters the fray in 2024. He has most of the same strong policy goals without the crazytown personality shit.
If not for the fact that the best we could come up with to challenge him in the midterm was an absurdly uncharismatic and barely Republican Mormon, Obama would have likely been a one-term President.
Trump had tried to run b/f 2016 and he had no success at all and was seen as a joke - I think the biggest reason he got elected was bc nothing was getting done in this country - IMO Trump's election was a reflection of our current dismal and corrupt political class - and say what anyone says Trump did mostly follow through on what he ran on and went to war with the swamp in order to get things done including battling half his own party.
^ Not a huge fan of his either, but I believe he's the best chance we have of finally putting the Trump shit to bed and moving on. For that reason, I'd probably support him too.
And getting back on-topic, I stopped into a couple clubs known for solid weekend dayshifts yesterday and both were dead 🤷♂️
Budget negotiations with Republican Speaker of the House John Boehner:
Boehner: "I put $800 million in tax revenue on the table, what do I get for that?"
Obama: "Nothing, I get that for free."
That's a funny way of working together.
Or, Obama: "I have a phone and a pen" That statement of course made when making blatantly unconstitutional executive orders after previously publicly admitting on several occasions that he did not have the authority to issue such orders.
Both sides have contributed to the divisions in this country. Both sides are largely uninterested in working the with other side. Both sides are being increasingly driven by their fringes. Don't pretend that one side has a monopoly on this.
It's the same reason why Ted Cruz is not going to rise further than being a Senator from Texas. People make think he's intelligent, but they also think he's an asshole and they don't like him. And enough people will not vote for someone they don't like, regardless of other factors.
The challenge for both parties right now is to get through the primaries with someone who can win enough support among the increasingly influential fringe groups, yet still be palatable to Independents. This is why I like Ron DeSantis. He oozes competence and common sense, but he's hardly a pushover. He won't take shit from the press or anyone, but he's in control of himself and sounds eminently logical when he responds to critics.
Politics is def a people job and politicians gotta sell themselves to the masses - but not many politicians have that ability to convince as Eskimo to buy ice like Bill Clinton and Obama which IMO are def more (political) style than substance and are masters at it - Hillary is def not a natural politician and comes across that way - but I think it's rare (at least until 2020) for someone to win the presidency running mostly on not being the other person - I think Hillary had to do with Trump getting elected but at the end of the day Trump beat our a fields of close to 20 in the primary including well-funded candidates with good track records/experience, as well as in 2020 getting more votes in history than anyone "except" Biden.
Let's move forward, I too am not a giant fan of Ron DeSantis, but he has a better than even shot at getting something done, and he can win plus he's not such a polarizing person, knows when to keep his mouth shut, especially if the Democrats don't force Biden to retire, and put up a true centrist, not one of their progressive losers, that's my opinion FWIW.
Not sure if you even believe it since you're out there bitching about strip club prices and searching for the cheapest hookers.
He also in large part made possible the recent SCOTUS decisions; and obviously still has tremendous support given how well his candidates have done - his rallies in 2020 often were like rock-concerts with over 50,000 in a single rally.
If you don't like the guy you don't like the guy but I feel he's earned the right to run again; and irrespective of his personality has accomplished a lot and done more for the conservative movement since Reagan.
He's about the only prominent politician that comes to mind that likely became poorer vs richer after entering politics which IMO soeak$ volumes; and he's still willing to go thru it again.
Just like every other President in our lifetime. It’s almost part of the job description for POTUS. Some Presidents conceal their narcissism better than Trump, but it’s there.
Hard to argue w/ that – but as I posted previously, I’ll take that over what we have now – I’ll take that over an economy that looks like it’s gonna go down the shitter w/ the current regime aiding that vs doing everything they can against it – I’ll take the narcissism over record-crime in many parts of the nation – I’ll take the narcissism over Dem DAs that act more like defense-attorneys by letting free career-criminals w/ a rap-sheet almost as long as the Bible – I’ll take a narcissist over a demented socialist-wannabe taking this country in a less democratic direction day-by-day.
Yeah Trump was no choir-boy; but speaking for myself I’ll take his accomplishments given his shortcomings; over the country that we have now and the country we are becoming where freedom of speech; freedom itself; the rule-of-law; your employment; can often be contingent on what your political believes/opinions are – the 2020-election IMO has been the definition of the “remedy” being worse than the supposed disease – the Biden remedy has led to a literal pile of bodies (record violent crime); disregard for the law if one is of the “wrong” political-persuasion; and loss of freedoms if one dares to challenge the current regime; etc; etc.
I agree that he accomplished a lot, but IMHO his behavior made almost all of his accomplishments temporary and easy to reverse with the exception of the tax reforms. In the end he may have done much more harm than good.
If Trump had been less of a whack job and put down the fucking Twitter account for a while, he'd probably still be in office and we wouldn't have Biden reversing all of Trump's executive orders and otherwise resurrecting the administrative state.
If Trump had stopped spouting election fraud nonsense, which kept many GA Trump supports home during the Senate runoffs, we would probably have a Republican Senate. This would have prevented the multi-trillion dollar "American Rescue Plan" from coming to life as well as the many agency heads hostile to domestic gas production from being confirmed. Imagine how much different our inflation numbers could look today if none of that had taken place.
So fuck Trump. He wiped out almost everything good he ever did with his antics during his last year in office. I should add that he was also howling for a big blowout stimulus bill during his lame duck period, so he was behaving just as stupidly as the Dems who thought that pouring gasoline on an already recovering economy was a great idea.
There’s plenty of evidence the election may have been another hoax just like the “Russian collusion”; the 2 sham-impeachments; and everything else they’ve tried to accuse Trump over that’s all been shams and lies - the same dirty tactics pulled in the presidential-race were pulled in the GA election b/c after-all what good would it do to have Brandon as president if there is still a Republican congress; the juice would have not been worth the sham.
At the end of the day the 2020 elections in the opinion of many were def not free and fair elections; and I can probably list a dozen reasons why off the top of my head and I’m no insider.
The 2000 Bush/Gore election was hotly debated and judicially debated and the results delayed and it was allowed to be taken to court – the 2016 election to this day you have many prominent Dems calling it an illegitimate election w/ non-other than the queen-B Hillary leading that charge – the 2018 GA gubernatorial election has been called illegitimate by many since 2018 – so you have the 2000 and 2016 races along with the 2018 GA race; all criticized to this day and in the case of the 2000-election fiercely adjudicated; but somehow the 2020 election can’t be touched nor questioned nor adjudicated in any way given all the changes; some even unlawful, that were made; all at the behest of the Dems to benefit the Dems (basically what’s done is done let’s get on w/o Trump) – unlike other elections; the 2020 election is somehow sacrosanct and can’t be questioned nor investigated in any way nor even commented on (anyone trying to investigate is blocked, and/or attacked with every name in the book from election-denier to white-supremacist to Putin-sympathizer to being “anti democracy”).
“… So fuck Trump …”
That’s pretty-much what it’s about – getting rid of Trump by any means necessary – IMO an obscene version of the ends justifying the means.
Trump lost the support of a lot of people because he was unstable, erratic and too bombastic for many to stomach anymore. Biden won because he pretended to be the moderate voice of reason. But if you let me know where to send the tinfoil hats and special window shades I'll try to help you out. 😉
All he did with those wild claims was to keep some of his base home when we needed them voting for Republican Senators. Shame on him. He fucked us all.
In the words of Ronald Reagan … “there you go again”
That is the go-to puss-ass line by the Dems and never-Trumpers – call names instead of argue the points.
No doubt that those that resort to this are likely scared shitless of the truth or more specifically scared-shitless of Trump so they gotta smear and give weak-ass arguments like “he’s a narcissist”; “he’s mean’’; “tin foil hat”; and other deflecting shit.
The facts are:
1) they’ve been trying to get Trump out of office even before he was even in office – Obama and the FBI he corrupted were falsely and likely illegally investigating Trump even b/f the 2016-election as soon as he became the Republican nominee
2) the very next day after Trump got elected they started w/ the impeachment shit
3) they created a fake “Russian collusion” bullshit which they fed to both the corrupt FBI and the corrupt media – both of which knew it was bullshit but it was part of the plan to not ask questions and run w/ it as if it was sent from God himself
4) they tried to impeach him twice, including just after he was out of office; all on trumped-up (no pun intended) bullshit that everyone in-the-know knew was bullshit (not to mention the hoax Muller witchhunt)
5) they are currently attempting a 3rd pseudo impeachment via this fake January 6 hearing which is really about trying to pin-it on Trump so he can’t run again – first time in history of Congressional hearings that both parties are not allowed to appoint their own members for a hearing – Pelosi blocked the members chosen by the Republicans and instead put 2-never-Trumper republicans that had voted to impeach him – basically a trial where you are not allowed to have a defense and your “defense lawyer” is the equivalent of someone chosen by the prosecution
6) Dems pushed for every possible election maneuver that could possibly be exploited for fraud from fighting signature verification (JIM CROW 2.0); to mass mail-in voting known/considered to be the most susceptible to fraud and why it was not allowed or very-limited in most states prior to 2020 – hell even Dem supporter and big-time never-Trumper Jeff Bezos did not allow any mail-in-voting in 2021 and fought it tooth and nail when workers in one of the warehouses where trying to unionize even though the pandemic/delta-variant was going strong at the time
7) the Dems pushed hard for unsupervised dropped boxes (first time in election history AFAIK) – Zuckerberg donated, or was likely shaken-down; to give 400 MILLION DOLLARS to spread these unsupervised drop-boxes “coincidentally enough” in key democratically controlled areas like Philly and Atlanta – the 24-hour unsupervised drop-boxes were supposed to be video monitored as part of the agreement to have them – but as w/ all the “coincidences” that just so happened ALL went the Dems way and helped the Dems; the supposed video-monitored drop-boxes often “coincidentally” had issues; either the video machines failed; they “somehow were not turned on”; or they just weren’t put in place like they were supposed to – and part of the video recordings that show possible vote-mules; authorities will not release them – gee their transparency is blinding
8) the Dems have completely politicized and weaponized the FBI and Justice Department and other agencies against Trump and anyone that dares to support him and they have done countless raids on Trump’s former staff using the FBI as their personal election/party enforcers/security-force – either raiding their homes and confiscating all their electronic equipment that any professional person needs to run their lives and business (particularly all the info on them); or sending heavily armed swat teams to arrest men in their 60s at 4am in the morning with CNN camera-crew in-toe – they have even gone as far as trying to block republicans from running in races and taking them to court claiming they were part of January 6 and are “insurrectionists”
9) the Dems blocking every possible election investigation by making sure investigations are only done by DAs in the districts where the fraud was committed which are democrat districts controlled by democrat DAs that will investigate fraud as much as woke Dem DAs go after criminals; i.e these Dem DAs won’t investigate shit that much should be obvious
There’s more shit I can type but I’m running out of steam – basically they’ve been trying to get rid of Trump since b/f the 2016 election via sham investigations by Obama’s FBI and Justice Department – then once to their shock and horror that Trump got elected seemingly against all odds; there’s no way they could accept that and thus they move to remove him from office (impeach him) starting on day 1 and publicly stating that was their goal, and thus all the subsequent sham/fake accusations and sham impeachments including the current Jan-6 “hearings”.
After they couldn’t stop Trump from getting elected in 2016; nor able to remove him from office during his term; no way in hell were they gonna leave it to something as risky as a fair-election and let Trump beat them again in 2020 as he did in 2016 and thus be in power for 4-more-years – I think they would have actually assassinated him if the political-hit they performed didn’t work.
And thus you have the sham 2020-election with massive mail-in-voting (considered/known to be the most susceptible to fraud); unsupervised drop-boxes likely illegal but somehow made legal where anyone could drop anything in w/o anyone supervising this as it’s normally done at a polling place (and w/ the required video-monitoring often times “coincidentally not working” or not even installed as required; thus no evidence) – Zuckerberg donating (likely extorted) to the tune of 400-million-dollars (to help Trump? Yea right) – and unlike the 2000-election over mere hanging-chads were it was litigated to death; the 2020 election; w/ illegal actions such as the PA liberal court changing election-law when it’s only the state legislature that is allowed to do it (by law); yet it was allowed to be done; and it was not allowed to be challenged in court – plus all the documented cases of poll-observers not allowed to observe the vote-count as required and allowed by law and being threatened with arrest if they didn’t stay away from the vote-counting-tables – and that’s just the tip of the iceberg.
The more that is looked into the 2020 “election”, the more shit that comes out – and that’s why the powers-to-be can’t allow any discussion let alone any looking-into all that went-on – if the Republicans pulled 5% of what the Dems pulled; we’d still be in court and the election would still be being challenged by the Dems just like the challenged 2000 and just like they called the 2016 and 2018 elections illegitimate.
But I know the rebuttal – “hey man that tinfoil hat” – hey man you’re just an election denier”; etc etc – if this election was looked into like it should be it would be clear who the deniers are.
https://www.youtube.com/watch?v=vlMmj2nh…
https://apnews.com/article/inflation-rus…
https://ussanews.com/2022/06/13/flashbac…
https://en.wikipedia.org/wiki/Anthony_Sh…
https://www.youtube.com/watch?v=0TO61yo9…
And below is a trailer of the Dinesh Dsouza documentary movie "2000 mules" that explain how the vote-trafficking occurred - but of course it's been "debunked" by the non-partisan New York times and Washington Post:
https://2000mules.com/
But of course this is all tinfoil-hat just like the Russia Collusion hoax which took like 2 years to be able to investigated by a special counsel.
I haven’t called you any names and I reserve tinfoil hats for those folks that really need them, but the defense of Trump is carrying this too far, they have Trump on tape admitting he was well aware they lost the election, but just doesn’t want to give up the absurd amounts of money he’s been raising from the people that are being conned by his act.
Look, I get the logical suspicion given the lengths that Dems were willing to go to damage Trump. But in order to keep this shit going forever, including justifying expensive cliff hanger investigations, you need some <strong>concrete evidence</strong> and Trump had none. He also lost several court cases challenging results for, again, lack of evidence. At some point enough is enough. If we let him grind the transfer of power to a halt based upon phantom accusations and unsupported theories, every losing candidate will trot out the same playbook during every single election cycle.
Another thought: Do you know just how many people would have had to collude, and stay quiet about it to this very day, for there to have been as much fraud as Trump contends? It's absurdly improbable to say the least.
Impeaching a sitting-president (TWICE) that was duly-elected by the voters; and doing so on PURPOSE and on made-up charges made-up specifically to impeach him and remove him from office; and going after all his associates and even his voters; that is what is too-far - like I said; if the Republicans had done 5% of what the Dems have done; there would have been a fucking civil-war - but i guess we're just gonna have to agree to disagree
Well - there was plenty of collusion w.r.t two impeachments - including the FBI and CIA whom one would assume/expect to never collude to unseat a president - as well as canning of the Hunter Biden story with 50 former FBI agents colluding to all say "yeah this is Russian disinformation" - once the main-stream media had to finally come clean a year after the election and say yeah the laptop story is real; all of a sudden the 50 former FBI agents had no comment except for one that doubled-down and said if it meant Trump wasn't reelected then it was worth it.
There has been FBI/CIA and media collusion to abound - if the Russian collusion hoax w/ the FBI being involved would have not been investigated by appointing a special counsel b/f Trump left office; it would have never been investigated and that too would have been a "do you really think the FBI would get involved to unseat a president blah blah blah".
At the end of the day there is plenty to investigate and there's been documented collusion to stop any and all investigations including arresting FBI raids of former Trump officials all in an attempt to keep hi from running again.
Collusion has already been shown via the Russian hoax; I bet you if there was a special counsel to investigate the election, they would also find collusion.
The FBI has a personal workstation in the Washington office of Perkins Coie, a law firm with deep ties to the Democratic Party and the debunked Steele dossier and Alfa bank conspiracies.
Perkins Coie serves as Hillary Clinton’s handmaidens. The law firm handled funds from Hillary’s DNC and her campaign to FusionGPS. They were trying to destroy the Trump presidency. The firm is also involved in trying to overturn smaller elections such as District 22 in New York. They’re very dirty players.
This adds to the perception of the FBI as a politicized and weaponized force of the Radical-Left Democrat Party.
These fears about a politicized FBI began with the exposure of Crossfire Hurricane as a bogus operation launched in 2016 to pursue conspiracy theories about Trump-Russia collusion ...
THE REPORT
“The workstation at Perkins Coie is one of several secure sites the FBI has scattered throughout Washington at private law firms, cybersecurity businesses and third-party vendors. The stations, known as Sensitive Compartmented Information Facilities, are designed for FBI officials and third parties to discuss and view sensitive materials without fear of spying or surveillance,” according to The Washington Times.
This arrangement and the details were and are secret.
https://www.independentsentinel.com/poli…
At the end of the I'm not trying to convince anyone on-here b/c no-one will be convinced that doesn't wanna be convinced - the more examples one shows of all the shit that has gone on; it's the same ole "oh yeah you really think that could happen"; i.e the more evidence/examples the more "oh that can't be" - all my posts are just the things I've come across w/o even looking for it; just listening to different outlets here and there that o/w one would never know - meanwhile all the rebuttals are tinfoil-hat and "you really think that would happen" when it has been shown how much has already happened that should have never happened and it's been swept under the rug.
I’m just disappointed that a known con man , and grifter has gotten so many reasonable folks who are getting conned, by a guy who’s done this his whole life.
We knew all about him back in NYC and tried to warn you but it is what it is.
Oh yeah - great source - the same people that impeached him on false-charges and refuse to provide a fair-hearing w/ evidence on both sides instead of just one side - is there anything else other than people that have always lied about Trump said such and such - is there a voice recording; anything other than the people who impeached him say it happened
But I have to add Papi that you're hardly alone in the contingent of people who feel loyalty to Trump and simply assume that they must have found a way to screw him, which is disheartening as it is causing an ongoing rift in the party. I just hope we can finally move past it before we end up losing what should be our time to take back the reigns of government.
Yeah that series of events Papi mentions is what has me doubting that it was a legit election.
And once again I will say what I've said on tuscl more than once. I DID NOT vote for Trump, I couldn't support any of the presidential candidates so I did not vote for president in the past 2 elections.
But I'm not blind, I saw the concentrated effort to destroy Trump by any means that started when he won the nomination and continues to this day. As a student of history I've never seen or heard of anything like the combined full of lies media and political vendetta that was against him, ever.
Even though he's an ass at times, crude and an egotist, I believe he did more to help this country than anyone since at least Reagan, but yes his personality is gruffer than Reagan's. His policies had us energy self sufficient, the economy was going good. minority unemployment was the lowest in years, he didn't start any wars, our enemies talked big but were scared of him. Yet all we heard from the media was bad man, Trump bad.
That tells me how corrupt and off kilter things really are in the USA and because of that I somewhat root for him and wish he was still running the show. No matter how anyone wants to spin it it's very obvious how we've fallen since he left office and NO it's not Russia's fault, it started a year before Russia attacked Ukraine which is something that would not have happened if Trump was still in office.
Then, it came out
- The witness didn’t see this happen. Someone told her about it.
- Trump wasn’t in the limo that day. He used the SUV.
- The SUV and limo have a permanent barrier between the front and back seat. Trump couldn’t have reached the front
- The Secret Service was interviewed on video about this incident. None of the video was played and no agent was called as a witness.
Well, that was a waste of time.
Trump and his people look ridiculous.
SJG
Governor Newsome has decided to shower this on the California people shortly before the November election. Individuals making up to $75,000 will get $350 each, plus another $350 per dependent, for a maximum of $1,050 per family,” the Journal reports. “Checks shrink to $250 for individuals making up to $125,000 and $200 for those with incomes up to $250,000. Families earning up to $500,000 will not get a payoff.
That, people, is how you keep inflation at record highs.
Moron is always trying to show off how stupid he is, go pick a fight with someone who gives a shit.
The proposal, dubbed the “Transgender Bill of Rights,” would codify the Supreme Court’s 2020 Bostock v. Clayton County decision that protects employees against discrimination for being gay or transgender.
1. Too much money in circulation
2. Too few goods to meet demand
The Fed and Biden, by crashing home prices, raising interest rates, causing layoffs, destroying 401ks, have done their bit to cause demand destruction.
But, there are still too few goods, especially energy and ( soon ) food. The good news is rents are coming down fast. Still, demand exceeds supply for a lot of essentials.
And, the government printing press is still working overtime. Too much money in circulation.
Inflation will continue to be a problem.
“Neither rain, not sleet, not snow will keep the United States Postal Service from its appointed rounds”. Not anymore. A few weeks ago my office building only got our mail once in a week. That was really nice, especially being an attorney and regularly getting time sensitive mail. Or not getting it in this case..
I was proud to have that job and my family and peers thought it was a great job.
Now, among a lot of twenty somethings, they look down their nose at that kind of work. I blame social media.
The level of shortages of farm-essential chemicals (e.g., fertilizer, weed-killer) is being described as “off the charts.”
By the end of the year, housing cost, including rent and home value, will drop. That’s because, as prices have increased, so has supply. The high cost is forcing consolidation of households ( taking roommates, moving in with parents, selling vacation homes, selling AirBnB ). More supply means lower prices.
On the other hand, food will be more expensive. As the old saying goes, you can’t build more farmland. Plus, supply chain problems with fertilizer, and high energy cost, means the food supply will go down, causing shortages and higher prices.
As far as energy, higher prices have historically meant more drilling, bringing prices down. Not this time, with Biden’s war of fossil fuel. To bring prices down, we need to drill more, build refineries and pipelines, and reopen coal generation plants. Biden is blocking all of that.
So, by year end, rent and home prices will plunge, gas will still be around $6, and groceries will see shortages and high prices. Unemployment will be much higher than current levels, the price for non-essentials ( like furniture and appliances ) will drop, and a great deal of wealth will disappear for the average person in their home equity and 401k.
Supply chain issues are about to go into overdrive.
https://hotair.com/jazz-shaw/2022/07/02/…
A good time to stay the course with your long term investments, but that’s elementary. I hope you all for ibonds when I told you to months ago. My $40k invested in this will pay me about $3500 interest when I cash out early next year, and I will need it for a well earned vacation!
It doesn’t mean that $5 gas is going back to $3. It means that gas will only be $6 next year, not $7.
Just because someone made $1,000 from investments last month doesn’t mean they can project a $12,000 gain in the next year.
I believe I was the person that told everyone to but I Bonds
I’m not trying to split hairs but I’m entitled to credit for that.
https://tuscl.net/discussion.php?id=7922…
Capitalism has not worked since the 1870's and COVID was the final straw.
Best thing now is to pass Biden's complete build back better, with the upper income tax hikes, and then the Green New Deal.
SJG
https://tuscl.net/photo.php?id=11283
Jane - School of Rock
https://www.youtube.com/watch?v=BdWq4w8D…
I don’t know when I brought them up in a thread, but I remember you noting
that you were using them same as me for a vacation slush fund. I know I bought them in March this year when my financial guy and I sat down to figure how much cash we were going to pull out for the next 18-24 months expecting a rocky market environment coming up.
BTW pay off your gambling debts to nice spice you welcher. Only deadbeats stiff little girls
Headlines are reading inflation projections have dramatically decreased in the last month. Scrub is right that the reading are hindsight and yoy, so the increase will continue but much lower. They’re projecting 3% annually over the next 5 years from an article I just read. That means Scrub’s otc adventures will cost him $550 an outing instead of $500. That’s ok, he can afford it.
SJG
The Pretenders - My City Was Gone - Chicago School of Rock
https://www.youtube.com/watch?v=RpT0IKNN…
https://www.youtube.com/watch?v=3OYhcVzz…
https://www.democracynow.org/2022/7/27/h…
SJG
Jeff Healey [CD] (Full Album)
https://www.youtube.com/watch?v=WEJrXwRC…
Newshour
https://www.youtube.com/watch?v=2xJb4921…
People are feeling squeezed.
Stagflation like not seen since the 1970s.
SJG
Barbara Dennerlein (1984) - The lady is a tramp
https://www.youtube.com/watch?v=6bCO4jIA…
Friedrich Gulda & Barbara Dennerlein: Stormy Weather Blues
https://www.youtube.com/watch?v=xY0scPa7…
Barbara Dennerlein "Swing the Blondes" on Hammond B3
https://www.youtube.com/watch?v=vf4tbCRu…
K -- EXTRA HOT STUFF -- Barbara Dennerlein, Dennis Chambers, Andy Sheppard, Mitch Watkins
https://www.youtube.com/watch?v=zCK7CynC…
Barbara Dennerlein in Glarus 2020
https://www.youtube.com/watch?v=zV-xPVwg…
Tony Monaco
https://www.youtube.com/watch?v=hcEPOdVx…
https://www.youtube.com/watch?v=ucUFxVA1…
Told you so! TLDR? Inflation readings are rear view facing, meaning it has peaked a couple months ago, just like I stated then despite the sky is falling rhetoric we read from posters in this thread. Stimulus payments stopped, and although it hasn’t receded, there’s a nice plateau forming with current headline numbers. Bottom line, your strippers won’t be raising their prices to monger going forward and an equilibrium is coming to balance. Enjoy your budgeting and negotiations going forward!
So yes, headline inflation has peaked but energy is still outrageously expensive, most people will lose all the equity they had in their homes, and food prices will inflate bigly.
FYI: I despise the so called progressives, but they have no credible contribution to this topic of inflation. Progressives don’t control the markets that are controlled by the billions of people on earth. What a fools errand to place blame on any political party. FYI: I’ve been saying inflation has peaked for 2 months now, and current headlines state I was correct. Next year we will be saying I was correct again! Rate cuts due to folllowing economic conditions deteriorating, that’s all!
Glorious Inflation News, Comrades! You're Getting Poorer Slightly Less Quickly
We might have seen the worst of it, but no one really knows.
More of Biden's package has been passed now. But we want the whole thing, with the Green New Deal and with the upper income tax hikes. We need to use this to cut back the amount of currency on the table.
And Biden's plan is actual economic activity, paying jobs and business opportunities, so this will make a big difference.
Printing vast amounts of money for the COVID bail out was iditic, but we can get it back by upper income and large portfolio taxes.
SJG
Jane - School of Rock
https://www.youtube.com/watch?v=BdWq4w8D…
The Pretty Reckless - Take Me Down (Official Music Video)
https://www.youtube.com/watch?v=BQpZv2r8…
https://sanjosetheaters.org/cpa-gallery/
SJG
Jane - School of Rock
https://www.youtube.com/watch?v=BdWq4w8D…
The Pretty Reckless - Take Me Down (Official Music Video)
https://www.youtube.com/watch?v=BQpZv2r8…
Down on Me - School of Rock
https://www.youtube.com/watch?v=CRjYeoGi…
Aquarius - School of Rock
https://www.youtube.com/watch?v=hp_E4a4p…
Assuming the Republicans take over the House or Senate, just refuse to pass a spending bill and stop paying the bureaucrats. That alone might put an end to inflation.
Very different from the COVID bailout payments. That was just money printing. And we need to get that money back via taxes on high incomes and large portfolios.
The COVID shut down was very stupid.
SJG
From the start of the Covid hysteria until today, the Federal Reserve has printed more money than it has for the entire existence of the US.
For example, from the founding of the US, it took over 227 years to print its first $6 trillion. But in just a matter of months recently, the US government printed more than $6 trillion.
During that period, the US money supply increased by a whopping 41%.
In short, the Fed’s actions amounted to the biggest monetary explosion that has ever occurred in the US.
“It’s going to get worse” inflation comment by the OP.
“It’s begun. Many businesses are starting to lay off”. By Mark..
Both statements were incorrect. The one statement that was spot on correct from the summer of ‘22. “Inflation rate has peaked!” By yours truly. Today’s print came in at 2.2% year over year from the BLS. What did turn out rong was the timing of rate cuts came one year after I thought they would, however the stock market has climbed to record highs.
You’re welcome!
“I work with poor people”, a statement written by SkiDumb, aka the Rage Typer Against the Machine!
Meanwhile, resident loudmouth and low information voter skibum posted the following in mid-2022:
>Anyone who thinks that inflation has peaked and is going down from here on in is so fucking stupid they must be a progressive.
LMAO
^Well said Gam. Liberals look at the poor the same way Hamas looks at Gazans: they are there to be used, abused and thrown away.
We're in a widespread pricing bubble. People are starting to draw back on spending and working 2-3 jobs to make ends meet. This is unsustainable. The haves are hoarding (I know I am) while the have nots are dangeroualy overextended.
The government needs to address this and seek a means to control a decrease correction in prices before the bubble bursts. That would cause real widespread societal and financial damage!
I probably forgot more than you’re capable of understanding but you are such a simpleton, you heard a word salad somewhere
Quoting that idiot over there>>>
“Means to control a decrease correction in prices before the bubble bursts “
Wow this shit is fucking funny translate that mess, just fucking hilarious. Holy fuck, CJKunt couldn’t even come up with that gobbledygook
But all sugar highs have to come to an end. The government simply cannot continue spending like this and consumers are finally getting tapped out. Credit card and auto loan delinquency rates continue to march upward. Lower income consumers have already been tapped out for months now, which is why companies serving that demographic are getting beat up in the market. Now it finally seems to be extending up the income ladder, as evidenced by sharp fall offs in recent weeks in the prices of travel-related stocks.
The bad times are on the horizon now. They were just staved off for a while by unsustainable government spending.
“I work with poor people”, written by our resident loud mouth SkiDumb confirmed by the link to one of his comments on a discussion thread.
They say if you hang around 5 millionaires, you’ll become the 6th Z
Hang around 5 smart people and you’ll become the 6th….
According to skidumbs choices, he’s well on his way to having zero credibility and knowing absolutely nothing about how to be economically sound, in both mind and spirit. Now I know why he rage types all day, hanging around angry broke divorcees. Lmfao!!
Oops! Better place the correct discussion thread where SkiDumb writes “I also work with poor people”! What a dumb ass……seriously. He knows how broke people who don’t have their shit together thinks, and then he’s gonna come in this site and project wisdom? Doesn’t happen that way, sorry. He is successful at projecting ignorance however.
BLAH - we had cable here until August 1. Sucked getting 212 channels for $65.00 a month when streaming is twice as much and half as good.