economic nirvana = $1 Trillion added to the deficit every 100 days
I literally wrote 'except the debt, that's not good'
and as we've talked about, debt/gdp has gotten better, not worse, over the last 4-5 years.
And you know what should be done to make it even better? Open the doors to immigrants. Fast track them to US Citizenship and get these 11 million jobs that are unfilled filled. Americans aren't making enough new Americans to grow this country.
If you "don't need her income" why not donate it all to charity as Donald Trump did for the entirety of his presidency?
1) We donate plenty.
2) You have bought the lie that Trump donated his salary. He' didn't.
Please quit lying Flaggy. You say you never lied but you lie all the time.
"After Congress released details on Donald Trump's taxes in December 2022, Democratic activists and groups claimed on social media that the report indicated the former US president did not donate his salary as he had promised. This is misleading; while the document includes wages Trump earned while in the White House, independent tax experts say it shows he gave that money away, and public records indicate he made contributions to federal agencies."
If you "don't need her income" why not donate it all to charity as Donald Trump did for the entirety of his presidency?
1) We donate plenty.
2) You have bought the lie that Trump donated his salary. He' didn't.
And as the saying goes, you are known by the company you keep.
Elon Musk can't even live up to his required obligations, as per today's NY Times article about their failing to meet requirements for his Foundation. See the following
"Musk’s Foundation Gave Away Less Money Than Required in 2023" - NY Times wrote:
For the third year in a row, Elon Musk’s charitable foundation did not give away enough of its money.
And it did not miss the mark by a small amount.
New tax filings show that the Musk Foundation fell $421 million short of the amount it was required to give away in 2023.
2) You have bought the lie that Trump donated his salary. He' didn't.
Please quit lying Flaggy. You say you never lied but you lie all the time.
"After Congress released details on Donald Trump's taxes in December 2022, Democratic activists and groups claimed on social media that the report indicated the former US president did not donate his salary as he had promised. This is misleading; while the document includes wages Trump earned while in the White House, independent tax experts say it shows he gave that money away, and public records indicate he made contributions to federal agencies."
2) You have bought the lie that Trump donated his salary. He' didn't.
And as the saying goes, you are known by the company you keep.
Elon Musk can't even live up to his required obligations, as per today's NY Times article about their failing to meet requirements for his Foundation. See the following
"Musk’s Foundation Gave Away Less Money Than Required in 2023" - NY Times wrote:
For the third year in a row, Elon Musk’s charitable foundation did not give away enough of its money.
And it did not miss the mark by a small amount.
New tax filings show that the Musk Foundation fell $421 million short of the amount it was required to give away in 2023.
Insane. Absolutely insane. For what reason would the richest man in the world fall short of giving away the amount of money his foundation should give away? Incompetence can be the only answer. Certainly not greed. $421 million is peanuts to him.
And as the saying goes, you are known by the company you keep.
Elon Musk can't even live up to his required obligations, as per today's NY Times article about their failing to meet requirements for his Foundation. See the following
Insane. Absolutely insane. For what reason would the richest man in the world fall short of giving away the amount of money his foundation should give away? Incompetence can be the only answer. Certainly not greed. $421 million is peanuts to him.
And per the article, they are only required to give away just 5% of their assets each year. How miniscule is that, for what is purported to be a charitable foundation?!
Hey, have you heard how Tesla drivers are sporting - in large numbers - bumper stickers that distance themselves from the questionable politics of the CEO of the manunfacturer (Elon Musk)?! The bumper stickers say things like "Anti-Elon Tesla Club", "I bought This Before Elon Went Crazy", "Shut-up Elon", and more to the point - "Elon Sucks"
I would think this backlash might mitigate the investment potential of the brand, as well.
Insane. Absolutely insane. For what reason would the richest man in the world fall short of giving away the amount of money his foundation should give away? Incompetence can be the only answer. Certainly not greed. $421 million is peanuts to him.
And per the article, they are only required to give away just 5% of their assets each year. How miniscule is that, for what is purported to be a charitable foundation?!
Hey, have you heard how Tesla drivers are sporting - in large numbers - bumper stickers that distance themselves from the questionable politics of the CEO of the manunfacturer (Elon Musk)?! The bumper stickers say things like "Anti-Elon Tesla Club", "I bought This Before Elon Went Crazy", "Shut-up Elon", and more to the point - "Elon Sucks"
I would think this backlash might mitigate the investment potential of the brand, as well.
It's a bit of a pickle.
1) MAAGA morons don't want electric cars.
2) Liberals, who want electric cars, don't like Musk, and many of them will NEVER buy a Tesla.
And per the article, they are only required to give away just 5% of their assets each year. How miniscule is that, for what is purported to be a charitable foundation?!
Hey, have you heard how Tesla drivers are sporting - in large numbers - bumper stickers that distance themselves from the questionable politics of the CEO of the manunfacturer (Elon Musk)?! The bumper stickers say things like "Anti-Elon Tesla Club", "I bought This Before Elon Went Crazy", "Shut-up Elon", and more to the point - "Elon Sucks"
I would think this backlash might mitigate the investment potential of the brand, as well.
It's a bit of a pickle.
1) MAAGA morons don't want electric cars.
2) Liberals, who want electric cars, don't like Musk, and many of them will NEVER buy a Tesla.
3) Teslas suck and always have.
Reading up on this now and the anti-Musk bumer stickers are wildly popular. One maker of one of them said he sold 18,000 across 30 countries!
But to your point, the article points out that at least a few conservatives have been spurred to buy a Tesla and sport pro-Musk bumper stickers.
Some consider running up $1 Trillion deficit every 100 days and whistling past the graveyard dystopian.
You could (and I'm sure you did) say that every day with different numbers since 1980 or even before (but no, that's not dystopian). I haven't said it shouldn't be fixed. Just saying it matters not to me in my financial life. I have way too much for it to matter.
That’s fine, Ebenezer Scrooge did the same thing, worked for him. Oh, that’s right, not.
anyone remember why the VIX rocketed to 65 in early august?
I didn't. It was something to do with the end of the yen carry trade.
totally forgotten by now, just 4 months later. Forgot the highest vix spike since covid.
Anyway, here was siegel requesting 150 bps emergency relief from the fed for something that was a passing fret. DO NOT FREAK OUT LIKE THIS.
1.6 million views. Bad media! Bad!
Squawk Box @SquawkCNBC "I'm calling for a 75 basis point emergency cut in the Fed funds rate, with another 75 basis point cut indicated for next month at the September meeting - and that's minimum," says Wharton's Jeremy Siegel: 7:22 AM · Aug 5, 2024 · 1.6M Views
This post was edited 1 minute after it was posted.
Michael Sheetz Updated December 17, 2018 In This Article: ^GSPC -0.54% DoubleLine Capital CEO Jeffrey Gundlach said Monday that he "absolutely" believes the S&P 500 will go below the lows that the index hit early in 2018. "I'm pretty sure this is a bear market," Gundlach told Scott Wapner on CNBC's " Halftime Report ." "We've had pretty much all of the variables which characterize a bear market," Gundlach added.
fred hickey @htsfhickey Based upon J. Powell's rather hawkish stance today, we can conclude the Fed will be slow to move from rate hikes to rate cuts and even slower to halt QT and then restart QE in sufficient amounts required to resuscitate stock mkt. Ought to lead to a doozy of a bear market in 2019 7:04 PM · Dec 19, 2018
Post See new posts Conversation John P. Hussman, Ph.D. @hussmanjp Examine early bear markets and you’ll see a similar pattern of breakdowns and clearing rallies. My *guess is we may get a last scorching clearing rally on “one and done” next week, but keep safety nets tight - I still expect SPX to approach 1000 by the completion of this cycle.
10:46 AM · Dec 15, 2018
This post was edited 5 minutes after it was posted.
Bank of America sees market decline next year:‘There is now an alternative to stocks’ Published Fri, Nov 23 201812:26 PM ESTUpdated Mon, Nov 26 20189:46 AM EST
This post was edited 3 minutes after it was posted.
I could keep posting for you, fvck, but I think you get the point. There's always a ton of pessimism out there. Not more today than other times.
Enjoy the market calm for now.Morgan Stanley thinks another storm is coming. The S&P 500 will soon suffer a retest of the lows from Christmas Eve because of shrinking earnings estimates and mounting economic concerns, the investment bank warned in a Monday report titled “Don’t fear a potential recession; Embrace it.” “Should the hard data deteriorate further, as we expect, we think the market will quickly return to pricing in a recession and rate cuts,” wrote Michael Wilson, Morgan Stanley’s chief US equity strategist.
Tue January 15, 2019
This post was edited 1 minute after it was posted.
Post See new posts Conversation John P. Hussman, Ph.D. @hussmanjp Examine early bear markets and you’ll see a similar pattern of breakdowns and clearing rallies. My *guess is we may get a last scorching clearing rally on “one and done” next week, but keep safety nets tight - I still expect SPX to approach 1000 by the completion of this cycle.
10:46 AM · Dec 15, 2018
So Hussman saw the S & P diving to 1000 while instead it is up to around 6,100? And his Strategic Growth fund is down YTD negative 8% while even Flagpole's portfolio is up around 20%? Note to self - ignore anything Hussman says.
But to your point, the article points out that at least a few conservatives have been spurred to buy a Tesla and sport pro-Musk bumper stickers.
would actually be wicked cool if musk's hard right politics bring right wingers to buy electric cars.
lefties will do it anyway because it's the right thing to do, but we need a hook to bring in the crotchety old conservatives. Maybe this will help.
Elon is not "hard right."
In 2018, he stated that he was "not a conservative. I'm registered independent [and] politically moderate." [ 104 ] He stated in 2022 that he had "voted overwhelmingly for Democrats, historically" but intended to vote Republican in an upcoming election.
You could (and I'm sure you did) say that every day with different numbers since 1980 or even before (but no, that's not dystopian). I haven't said it shouldn't be fixed. Just saying it matters not to me in my financial life. I have way too much for it to matter.
That’s fine, Ebenezer Scrooge did the same thing, worked for him. Oh, that’s right, not.
That reference doesn't apply here at all even with the greatest stretch of the imagination.
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