Comments by mark94 (page 35)

If the debt increases $2 Trillion a year, funded by the government printing money, how does the money supply go down ? Either the Congressional Budget Office or Mate is right.

The nonpartisan Congressional Budget Office (CBO) on Wednesday released its annual budget and economic outlook forecasting federal finances over the next 10 years, which projects that the national debt will be about $20 trillion higher a decade from now. That’s an increase from $30 Trillion to $50 Trillion. Just exactly how can inflation drop if we are adding $2 Trillion of debt every year ?

Who set the fire ? Finger pointing begins https://theohiostar.com/2023/02/15/pennsylvania-governor-blasts-norfolk-southern-for-vent-and-burn-plan-in-aftermath-of-train-derailment/

Russia won its war with Germany in WWII by throwing bodies at the Germans. During the turning point siege of Leningrad, 1.5 million died. That’s how Russia has always won its wars. By enduring unbearable losses to gain victory. We are about to see that again in Ukraine. The Russian troops are poorly trained, unmotivated, badly equipped, and incompetently lead. Yet, they will keep throwing bodies at the front line until Ukraine can longer defend itself.

The best resource for the war in Ukraine is the Institute for the Study of War at understandingwar.org

In the long run, Russia is screwed. Millions of young people have left the country. Sanctions have destroyed its economy, permanently. Their oil industry was the only thing keeping them going and, without western investment and technology, it won’t come back. In the short run, Putin will pay any price for victory in Ukraine. He tried to win with 100,000 troops in a quick victory. Now, he is committing 500,000 troops in a long term slugfest. Millions will die, on both sides. The carnage and failure in Ukraine will make our abandonment of Afghanistan look like a cake walk. Maybe NATO knew that all along. They were willing to sacrifice the Ukrainian people to weaken Putin. If so, shame on them. It’s going to get ugly.

I wouldn’t believe anything General Milley said.

However, burning it was a much faster procedure allowing the tracks to open. Reportedly, the railroad pressured DeWine for this solution.

The burn released it into the atmosphere. The correct procedure would have been to put it into another storage container, then chemically break it down at another location.

In 2022, there were 1,044 instances of trains coming off their tracks.

The decision to burn the chemicals released Phosgene gas into the atmosphere and water. Phosgene is extremely poisonous and was used as a chemical weapon during World War I, where it was responsible for 85,000 deaths. It is a highly potent pulmonary irritant and quickly filled enemy trenches due to it being a heavy gas.

Cash Patel, former Defense Department Chief of Staff, believes the spate of train derailments is linked to Chinese Cyber attacks.

Word coming out of Ukraine is that they are running out of ammunition for their tanks and artillery. These are old Soviet era weapons and the stockpile is exhausted. Ukraine is unable to make more. Meanwhile, Russia continues to restock their munitions. Russian aircraft and troops are massing on the border for the expected offensive on the eastern front.

President Biden was panned for a tweet Tuesday promising that climate investments will ensure "our kids will breathe cleaner air" as his administration’s Environmental Protection Agency (EPA) is under fire for its handling of the Ohio train derailment and health concerns over toxic chemicals are mounting.  Because of our climate investments, our kids will breathe cleaner air, drink safer water, and get to school powered by clean energy," Biden tweeted Tuesday morning. The president added, "That’s the future we’re building," tapping EPA Administrator Michael Regan, "let’s finish the job." 

My understanding is the authorities decided to release the chemicals from the tanker to prevent an explosion ( smart ), then decided to set it on fire ( incredibly stupid ). The decision was made by Governor DeWine, who doesn’t have the authority or the expertise. Anyway, that’s the word I’m hearing.

The Bidwell family has owned the Cardinals for 80 years. It doesn’t matter who the GM or Head Coach is. They will suck as long as the Bidwells own them.

Thanks for the info

It snows on top of Haleakala volcano pretty much every year. That’s why I said Honolulu.

I think I’ll start a thread predicting a blizzard in Honolulu. I’ll keep posting on it explaining why I’m right for as many months/years as it takes.

When will inflation “drop like a rock” ? When will deflation kick in ?

In other words, don’t believe those pesky inflation figures. Only Mate can be trusted to interpret their real meaning.

I also saw Black Oak Arkansas perform where the Pot smoke was so thick in the arena that I couldn’t see the stage. The music was great but I can’t confirm whether it was live or a recording. Either way, it was fun.

Dropping like a rock, leading to deflation: The Consumer Price Index (CPI) for January showed a 0.5% increase in prices over the past month, an acceleration from the prior reading, government data showed Tuesday. On an annual basis, CPI rose 6.4%, continuing a steady march down from a 9.1% peak last June.

I was also at The Beach Boys Bicentennial concert in Anaheim Stadium where they just came out and played. They had 80,000 fans literally shaking the rafters. Amazing. I saw Springsteen. I saw U2. I saw the Grateful Dead. All live music played with real instruments. No devil suits and balloon boys. No complaints.

“If you paid $200 in today’s ticket prices and the musicians just came out and played, you’d complain” If you paid $200 to see Rihanna perform, only to realize she was lip syncing while floating around on a platform, would you complain ?