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Thetexashammer

Certifiably Surly
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Everything posted by Thetexashammer

  1. I used to be a CPA. I use debt to the penny, not the reported "deficit". Even the reported "surplus" under Clinton was not a real surplus. The primary difference between the reported deficit and the actual one is "one time factors". It's like a company saying they made $1.00 in earnings, but they are taking a $9.00 writedown for goodwill. Well that's real money you wrote down LOL, you can't exclude it. Do you also believe the CBO projections? They claim we will never have a recession and even then we go bankrupt. Go back and look at their projections under Clinton, I shit you not the claimed the debt would be fully paid off by now. For 2024, the real deficit was $2.3 trillion. But we are at peak economic growth.
  2. You are missing the point. Pubs have been corrupt shitheads for decades. Trying to figure out who is to blame is for fools, or blaming MAGA as most of you are doing, is delusional. I support the cuts because they are a first step towards limiting the pain of the coming fiscal crisis. Only a fool would oppose these cuts, likewise only a fool would not recognize the necessity for much more massive spending cuts as soon as possible. But FUCK MAGA!!!! YEEEEAAAAAAAAAAHHHHH!!!!! The inflation we are seeing is nothing compared to what is coming. The disruption will cause massive social unrest and result in the ending a large numbers of federal programs and put our security at risk. Basic math indicates we may see 50% cuts across the board to all spending categories outside of interest. But then, nobody here has the intelligence to engage on the numbers, do they? Did you realize that the debt to GDP explodes when you cut federal spending (it reduces GDP) and we go into recession? That our pension funds will go bankrupt, and a decline in the dollar will grow inflation even more? States and cities can go bankrupt, many of them are. The FDIC is VERY thinly funded.
  3. I tried to explain, over and over again, the fiscal situation. This was a couple of years ago. I looked at debt to the penny for 1 OCT 2023, then compared in with the same number for 1 OCT 2024. Then I looked up federal spending in fiscal 2024. I calculated a deficit of 8.2%. You can replicate that calculation, some of you, but not most. 40% of every dollar of federal spending is borrowed. These aren't even RIFs. RIFs are coming. The money doesn't exist to pay those salaries. 20% is of federal spending interest expense, which cannot be cut. In order to balance the budget we have to cut around 50% of all noninterest spending. Once we hit a recession, the deficit will blow out to $5 trillion. No one will finance our deficits. The dollar will crumble. Inflation explodes. The leftists here decided they didn't love their children enough to care about all of that. The crisis was avoidable, were it not for people like you. All you had to do was balance the budget. Stop believing the lie. I wish the best to all of you. Prepare for what is coming or don't. Your track record so far isn't great.
  4. Somebody should have told Coach that Jesus is a Notre Dame fan.
  5. This is a pretty good narrative of what went on inside the White House. Atlas is a Stanford professor, and his arguments are evidence based, not based on emotion or some idiotic manichean understanding of the world.
  6. Fauci is responsible for more deaths outside of the folks who actually leaked the virus. He is a narcissistic demon who if there is any justice will burn in hell. More broadly, he and the public health establishment writ large lied about everything. They lied about masks. They lied about Ivermectin. They lied when they said the vaccine would prevent infection. They lied in order to close schools. (We had good evidence it was not necessary.) They lied about the 6ft distancing. (No evidence) They lied about taking millions from Big Pharma. (260 NIAID scientists took $690 million in royalties from Big Pharma between 2021 and 2023. That's more than $3 million per scientist.) They lied about the origin of the virus. They signed a letter saying if you protested for BLM you would be safe, but if you gathered for MAGA you would transmit the virus. They lied about natural immunity. They lied about vaccine side effects. They lied to make kids take a vaccine for a virus to which they were immune. You cannot just lie about every fucking thing you say, then turn around and say "trust us". There is documented evidence of the huge harm caused by their "advice", especially to kids. But the most damage they did was to convince people not to take the vaccine because they could not be trusted but rather are inveterate liars dispossessed of any conscience whatsoever. If there is another pandemic, there will be mass refusals to take any vaccine, despite any evidence. There is no trust, and their shouldn't be. I am vaccinated, and obviously very pro vaccine, because I read the studies. But science requires the confidence of the public, and the public health establishment could not have done a worse job.
  7. Yet another of an endless series of victimless felonies. The impeachment failed. The second impeachment failed. The Russia Hoax failed. Do you think legal warfare will succeed at destroying him? I am undecided.
  8. "So I just hate the patriarchy, so oppressive. What's that, you're a feminist too? So am I! That's just amazing, we should totally hang out!"
  9. You are very actively pro-Hamas. Thier entire strategy is to defeat Israel by generating international pressure to make Israel stop fighting. They do this by killing as much of their own population as they can, blaming it on Israel. It is their dead baby strategy, it has always been their strategy. This is not new news. You have to willfully ignorant to ignore reality. So whether you are supporting them intentionally or not, you and your ilk are absolutely doing the bidding of terrorists. I mean, imagine that Hamas says "we are engaged in war crimes", you see the war crimes, and then you insist that it's Israel should be brought to justice LOL. 0
  10. I can't answer the question. I just know that I use the AmEx platinum and don't worry about it. I've given back several cars with dents. I think I had one at Frankfurt and I just walked away like LOL don't care. But that's not the story I wanted to tell. I was driving in England and Scotland for a couple weeks. Went to the Macallan distillery. Ran into a guy from, I think, San Marcos, so we start chatting. I finally get around to the big question. "So, did you wreck the car yet?". He said he dented it a bit. I survived without damage but it was blind luck. The point is, those fucking roads are insane, and I think I've driven in all the most insane places, at least in Europe. The drivers aren't insane, just the roads. The hedgerows will be brushing against the side mirror more than once while passing. Scotland is so damn beautiful. If I go back I need to hit Islay for the distilleries there, I freaking love peated whiskey.
  11. I just wanted to applaud the use of the word anodyne. I also would have accepted quotidian.
  12. 3.4 percent today. Yes, they will go to zirp and abandon the 2% target because high rates don't impact fiscal irresponsibility.
  13. They call themselves the Challenger 17 squadron. Was the Bonfire 99 name already taken? Were Chernobyl and Hindenberg also under consideration? Why do none of those cocksuckers have the correct belt?
  14. It will be dark, and I will be on my couch.
  15. During fiscal year 2023, the US government borrowed $2.7 trillion. This was about ten percent of GDP. (It is worth noting this is not the reported deficit. Some of you sadly still believe the lies.) This year will see an acceleration, resulting from a number of things but notably a significant steepening of the first derivative of interest expense. When we hit a recession, let's say we see deficits north of $4 trillion, but probably higher or about 20% of gdp. We will hit your 250% number pretty quickly at that rate. The federal government borrowed 43 cents of every dollar it spent LAST YEAR. That will only go up moving forward. If the federal government starts to cut trillions on its spending (it has to), it will induce a recession from which we will require decades to recover. At some point, these facts will receive mainstream attention and it will be like Enron. Everybody LOVED Enron, until they didn't. I don't think "collapse" is the scenario, nobody wants that, and the plunge protection team will prevent it. However, all that money we borrowed (accelerating future spending into the present) has to be paid, and the public will pay it through massive and unrelenting (but "transitory" LOL) inflation and lower standards of living. I think an "accident" is more likely than collapse. Banks going down one after another. Major companies going bankrupt. Major government programs getting eliminated. I mean, how do you think we get to balance when we need to cut half of federal spending? Devaluation of the currency. Finance becomes musical chairs. After the supply chain problems resolved, we did not see a reversion to lower prices. Most likely that was due to the massive increase in money supply, and that supply is only getting blown up even more at an accelerating rate. We are now in the steep part of the exponential interest expense, the one that human minds don't readily comprehend. I've never made a prediction of when, but I will now. It will start within five years. Gird your fucking loins, because we haven't seen anything like this before. Take the existing social chaos and multiply it by massive unemployment and rampant stagflation and let's see what we get. We fucked around, now we will find out.
  16. I am thinking I might place a big bet against them vs. Notre Dame.
  17. Approximately $16 billion is actually going to the Ukranians. Most of it is DIB spending. It's a normal bill, loaded up with pork. House Approves Long-Stalled Ukraine Aid Over Angry GOP Objections - WSJ
  18. Season GP Passing Rushing Cmp Att Pct Yds TD Int QBR Att Yds Avg TD 2020 10 194 322 60 2566 26 5 150.7 113 377 3.3 8 Passer rating his senior year was 150. Michael Penix's rating this year was 157. Quinn was 159. He was pure ass as a freshman. He threw a completely fucked up INT to cost us a game late in the year. CTJ took to calling him I Am Sam and other nicknames. We argued a lot about whether he would be good, I said he would be. After the Gilbert/Case/Tyrone era, he was our first decent QB in maybe a decade and it was glorious.
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