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TexasEd

Certifiably Surly
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Everything posted by TexasEd

  1. Or inclined to invest in anything but physical silver and gold under their mattress. It's a chicken and egg problem, really.
  2. The time to have created this type of fund was when Social Security was created to take the contributions and invest them responsibly instead of a slush fund for deficit spending. Could have invested in T-bills to create the same arrangement but with a formalized debt instrument. Pessimist me is going with the grift motive to put cronies in charge and have them invest in things like golf courses and NYC real estate that is underwater at inflated prices to buy out the owners so they can pay off their foreign loans or to realize the paper "profits" of assets like Bitcoin.
  3. This is something I need to do as well. I'm pretty heavy stocks, and those are pretty heavy on the large cap names everyone is in (Amazon, Apple, NVDIA, Google, etc.) plus some big name financials. Over the last 3-6 months I've tried to diversify that some with more mining, energy, industrials and have gone to a larger cash position mixed between money markets, CD, etc but need to do more Bond but it's been a long time since I've been in the bond game. Which funds are people looking at for low fees and good returns? Are there other vehicles people are looking at? Most of these assets are in IRA or Roth accounts so I don't pay taxes on them now, just need to continue growth.
  4. So Elon is getting his tentacles into our personal identity information, federal payment and disbursement systems, assets and tax information, disability and health information, got some agencies to already adopt xitter as their official government communications channel, shut down the servers (is he trying to move where they’re hosted?) and shut down public facing web sites with policies and regulatory information. Nothing to see here.
  5. Apparently the demands on Canada were posted today, Become 51st state. Doesn’t seem reasonable.
  6. Wow lots of great information but none of the common sense conclusions proposed in the press conferences.
  7. You mean I didn't have to be nervous about getting it from a chick it back in the 80s-90s. Fuck.
  8. Good update but you meant above freezing. I would think the pressure zones around the wings would also have an impact so not just ambient temps. I'm still waiting to see if they rule out a drone.
  9. My SIL teaches at the school they went to. She is heartbroken.
  10. It caught on fire in mid air then crashed? Someone with common sense will tell us definitively what it was but maybe a drone? Doesn't look like a Boeing plane.
  11. The key part that is left out here is when you have a mix of domestic (non-taxed) and foreign (taxed) suppliers that the demand goes up on the domestic sourced goods. This puts upward price pressure on the domestic goods without the tax revenue increase. The domestic goods are going to find an equilibrium price with the imports. So your American made tires, California Avocados, US Timber are all going to go up too because those manufacturers will not be able to meet the market supply demands. Add on top of that the tariff goes into the baseline price and then you have sales tax on top of it so you end up with 25% increase in price with another 2% sales tax (.25*.08) your 25% tarrif is really a 27% increase in consumer price.
  12. Making a condition proving a negative or absence of something is often a sign of a lack of critical thinking skills. Prove to me no-one has hacked your computer system. Prove to me you didn’t intentionally put listeria in the Bluebell. Prove to me that his actions are not out of ignorance but malice.
  13. My bet is that putting a 100% tariff on a group of countries is the incentive for them to create their own currency to replace the Dollar.
  14. The answer would sound something like this.
  15. It's like the business on "The Wire". They can sell to the reliable buyers that have cash and pay up front. We're turning into the Bubbles of the world where we may try to trade you a scrap radiator for your product.
  16. Just bought a set of new tires, was planning on it but placed the order 5 minutes ago. Going grocery shopping later if HEB is open.
  17. My Free Cams Danger Girl. Bolverk had many adventures with her. My favorites were the New Orleans trips.
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