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Posted
52 minutes ago, GreenspointTexas said:

So when does the recession hit? Lotta people predicting late april, early may

Takes three consecutive months of negative growth for a technical recession I think. So depends on this month. If it starts now then in May it would be recognized.

Posted
12 minutes ago, Ted Lange said:

 

Heh. I did have this thought that ultimately we are going to rehire all the posts DOGE fired and restore all the departments they cut just much more expensive and less efficient. Because that is just how it always seems to go with these efficiency schemes.

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Posted
1 minute ago, Valmy77 said:

Heh. I did have this thought that ultimately we are going to rehire all the posts DOGE fired and restore all the departments they cut just much more expensive and less efficient. Because that is just how it always seems to go with these efficiency schemes.

They will more efficiently funnel our money into the oligarchs pocketbooks.

 

Posted
4 hours ago, The Hot Dog Buffet said:

I just have a really hard time believing that someone with the ability to spend $5 million would want to spend that to move here. I'm looking at places that offer golden visas so I can move out. This isn't a very affordable place to retire and we have other, much cheaper options if you are young and looking to move here to make money.

I looked it up.  Assuming the investment requirements remain the same (low-income areas, job production quotas), the "fee" goes from a current $1M to $5M.  Seems mostly Chinese have been applying for it, ostensibly as a hedge against a CCP crackdown (in China or TW).

Posted (edited)
15 minutes ago, Valmy77 said:

Heh. I did have this thought that ultimately we are going to rehire all the posts DOGE fired and restore all the departments they cut just much more expensive and less efficient. Because that is just how it always seems to go with these efficiency schemes.

Yeah, that's even what happened during Clinton-Gore.  Actually, the people were rehired in the private sector where government functions were outsourced.

And that was a measured, rational effort to reduce the federal workforce.  I bet it cost us, both monetarily and in quality of service.

I used to be a critic of government, but as has been pointed out relentlessly, efficiency can't be an end unto itself in government, as it can in the for-profit private sector, and the government does a pretty decent job overall given the competing stakeholders.

Edited by TwiceHorn
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Posted
25 minutes ago, TwiceHorn said:

I looked it up.  Assuming the investment requirements remain the same (low-income areas, job production quotas), the "fee" goes from a current $1M to $5M.  Seems mostly Chinese have been applying for it, ostensibly as a hedge against a CCP crackdown (in China or TW).

Trump says he's going to sell 5 million of these and pay off the national debt using the $25 trillion that raises. How many millions of them are we selling at the $1M price?

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Posted
1 hour ago, InkaUtexas said:

People are pissed off when they cannot take little Jimmy to visit the gator swamp fun land near Ocala.

Fuck that, gators creep me out.

Posted (edited)

Reports coming out of the latest memo on staffing. Two sections were interesting.

The plans should be grounded in the principles of ensuring "better service" for Americans, "increased productivity," a "reduced real property footprint" and a "reduced budget," the memo said.

That second part of the plan should include "any proposed relocations of agency bureaus and offices from Washington, D.C. and the National Capital Region to less-costly parts of the country," it said.

Few things come to mind.

1- There are going to be some pissed off developers in NCR.

2- Lot of real estate out in suburban NCR is going to take a hit.

3- Contractors are already out there. But the reduced budget is going to hit any overhead.

4- This is, nor ever was, designed to make people come into the office.

https://www.nbcnews.com/politics/white-house/trump-administration-tells-federal-agencies-make-plans-large-scale-lay-rcna193850

Edited by InkaUtexas
News link. SMH, that is twice I left that out.
Posted
55 minutes ago, troph said:

Takes three consecutive months of negative growth for a technical recession I think. So depends on this month. If it starts now then in May it would be recognized.

If there's anyone who can cram three months of utter shittiness into one month, it's Trump.  Don't doubt his abilities.

Posted
1 hour ago, GreenspointTexas said:

So when does the recession hit? Lotta people predicting late april, early may

The Trumpublican play would be to declare that we’re in a recession right now and to repeat that message over and over and over again on every media platform along with a warning that a depression is coming just around the corner 

Posted
7 minutes ago, InkaUtexas said:

Reports coming out of the latest memo on staffing. Two sections were interesting.

The plans should be grounded in the principles of ensuring "better service" for Americans, "increased productivity," a "reduced real property footprint" and a "reduced budget," the memo said.

That second part of the plan should include "any proposed relocations of agency bureaus and offices from Washington, D.C. and the National Capital Region to less-costly parts of the country," it said.

Few things come to mind.

1- There are going to be some pissed off developers in NCR.

2- Lot of real estate out in suburban NCR is going to take a hit.

3- Contractors are already out there. But the reduced budget is going to hit any overhead.

4- This is, nor ever was, designed to make people come into the office.

https://www.nbcnews.com/politics/white-house/trump-administration-tells-federal-agencies-make-plans-large-scale-lay-rcna193850

Moving feds out of NCR to red states (this is the plan) is going to be a sort of poison pill because it will turn red districts blue in a hurry. 

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Posted

he's high

hnwi: assets above domicile US$1M

vhnwi: +US$5M

neither of the above are customers

uhnwi: +$US$30M

there is no category for +$US10M which would be the beginning of the customer zone

anyone that with that much money doesn't need a us passport to buy property and hang out here as much as they want

the only customers that can afford this AND might want to do it are chinese and russian

but for shitsgiggles in 2023 here's the uhnwi

image.png.8913d4a3a1ead06267ed793a0ea21a86.png

the russians don't even make the list

let's say half of the chinese can get liquid to buy the wonkabar

5m x 50k = 250 billion

nice try shitgibbon - you ain't netting jack from this

just for grins:

image.png.06e2d9515ef7cf25920b4d47abbbd03c.png

last year we had 3800 customer at the $1m price tag

the top 5 countries had ~20k customers

you are going to raise the price by 500% and voila! customer demand will ExPlOdE bY 5000% !!!!!

abracadabra

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Posted
1 minute ago, Hagbard Celine said:

nice try shitgibbon - you ain't netting jack from this

Yes he is.  He's getting more wealthy people who are beholden to him, who will reward him with money and the keys to power.

That's all this is a play for.  It has ZERO to do with deficit reduction.  It is about Trump getting the wealthy of the world to coalesce under his flag to gorge to obesity on the common target: the United States and its people.

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Posted
11 minutes ago, 956 Worldwide said:

Moving feds out of NCR to red states (this is the plan) is going to be a sort of poison pill because it will turn red districts blue in a hurry. 

hehehe, a lot already moved. And you are correct. But if you fire the existing ones, move the office to red state, then rehire for efficiency, well double bonus points.

7D chess only Elon can understand without the help of AI.

Posted
1 minute ago, Brisketexan said:

Yes he is.  He's getting more wealthy people who are beholden to him, who will reward him with money and the keys to power.

That's all this is a play for.  It has ZERO to do with deficit reduction.  It is about Trump getting the wealthy of the world to coalesce under his flag to gorge to obesity on the common target: the United States and its people.

the rest of the planet are not maga cult - they are not falling for the banana in the tailpipe

Posted
1 minute ago, Brisketexan said:

Yes he is.  He's getting more wealthy people who are beholden to him, who will reward him with money and the keys to power.

That's all this is a play for.  It has ZERO to do with deficit reduction.  It is about Trump getting the wealthy of the world to coalesce under his flag to gorge to obesity on the common target: the United States and its people.

Yep, and this is global. Arabs who like peace in Gaza? Most. Arabs who want it to be a new Dubai? The rich arabs who are tired of Dubai.

Posted
26 minutes ago, InkaUtexas said:

Reports coming out of the latest memo on staffing. Two sections were interesting.

The plans should be grounded in the principles of ensuring "better service" for Americans, "increased productivity," a "reduced real property footprint" and a "reduced budget," the memo said.

That second part of the plan should include "any proposed relocations of agency bureaus and offices from Washington, D.C. and the National Capital Region to less-costly parts of the country," it said.

Few things come to mind.

1- There are going to be some pissed off developers in NCR.

2- Lot of real estate out in suburban NCR is going to take a hit.

3- Contractors are already out there. But the reduced budget is going to hit any overhead.

4- This is, nor ever was, designed to make people come into the office.

https://www.nbcnews.com/politics/white-house/trump-administration-tells-federal-agencies-make-plans-large-scale-lay-rcna193850

They're going to end up selling government land for cheap to themselves and then leasing it back to the government. This is a classic PE bust out. 

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Posted
3 minutes ago, Hagbard Celine said:

the rest of the planet are not maga cult - they are not falling for the banana in the tailpipe

They don't have to GAF about MAGA.

Can they come here, and fleece/grift the American people, either through their own enterprises or favorable concessions from the US Government* (* a wholly owned subsidiary of TrumpCo)?  That's what matters.  They'll give DJT whatever support he wants in order to line up to drain the blood from the US into their own coffers.  "What's that?  You want me to fuck over all the people in area X that voted against you, to punish their disloyalty?  Consider it done."  A mob boss doesn't do the dirty work himself.  He creates and gathers a group of people and enterprises who are beholden to him for their continued and growing prosperity, and then they'll do whatever he wants them to do.

Again, there are no original plays here.  He's running time-honored plays that work.

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Posted
1 hour ago, troph said:

Takes three consecutive months of negative growth for a technical recession I think. So depends on this month. If it starts now then in May it would be recognized.

 

Recession: When Bad Times Prevail

Quote

Calling a recession

There is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not considered recessions. Most commentators and analysts use, as a practical definition of recession, two consecutive quarters of decline in a country’s real (inflation-adjusted) gross domestic product (GDP)—the value of all goods and services a country produces. Although this definition is a useful rule of thumb, it has drawbacks. A focus on GDP alone is narrow, and it is often better to consider a wider set of measures of economic activity to determine whether a country is indeed suffering a recession. Using other indicators can also provide a timelier gauge of the state of the economy.

In the United States, the private National Bureau of Economic Research (NBER), which maintains a chronology of the beginning and ending dates of U.S. recessions, uses a broader definition and considers a number of measures of activity to determine the dates of recessions. The NBER’s Business Cycle Dating Committee defines a recession as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators. A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough.” Consistent with this definition, the Committee focuses on a comprehensive set of measures—including not only GDP, but also employment, income, sales, and industrial production—to analyze the trends in economic activity.

 

Posted
49 minutes ago, TwiceHorn said:

Yeah, that's even what happened during Clinton-Gore.  Actually, the people were rehired in the private sector where government functions were outsourced.

And that was a measured, rational effort to reduce the federal workforce.  I bet it cost us, both monetarily and in quality of service.

I used to be a critic of government, but as has been pointed out relentlessly, efficiency can't be an end unto itself in government, as it can in the for-profit private sector, and the government does a pretty decent job overall given the competing stakeholders.

The thing is that the GOP and thus America has the soul of a car dealer. Rent-seeking, grasping, anti-competitive, dependent on stacked decks, and convinced that they were born on third because of their innate talent and competence. 
 

The car dealer is the American feudal lord or nobility.  The car dealer is given a territory which he possesses and which is inheritable, a larger lord may buy his right or marry into it but the peasantry can’t purchase an RMA.  The great houses only get bigger, the minor nobles only shrink, the bloodline only becomes more incestuous. It is inherently rent-seeking and is extractive, neither the manufacturer or client receives a benefit and the car dealer’s position is ultimately secured by the government. And yet the car dealer believes their little fiefdom and the rents they pay extract are the essence of the free market. 
 

Imagine an entire economy and government with the mentality of the grubbiest Hyundai dealer in a mid-major metropolitan area.  That’s what we have. 

Posted
13 minutes ago, 956 Worldwide said:

Imagine an entire economy and government with the mentality of the grubbiest Hyundai dealer in a mid-major metropolitan area.  That’s what we have. 

You just managed to besmirch mid-major area car dealers.  Because I assure you, our American character is much, much worse.

Posted
13 minutes ago, 956 Worldwide said:

The car dealer is the American feudal lord or nobility.  

Can a car dealer claim prima nocte?  Asking for a friend considering a career change.

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Posted
16 minutes ago, softlynow said:

thank you I was thinking it was 3 quarters but that seems excessive then I thought well if it's 3 it must be months. shoulda looked. 2 consecutive quarters ... well, either way I won't be surprised if the pain goes up and people say it's our duty to endure.

Posted
9 minutes ago, Horn Under a Bad Sign said:

Percentage of each state's federal vs. state Medicaid funding.  Alabama, Louisiana, Mississippi etc ... are about to be in a world of hurt.

https://www.kff.org/medicaid/state-indicator/federalstate-share-of-spending/?currentTimeframe=0&sortModel={"colId":"Location","sort":"asc"}

Rural hospitals are going to close in every state. They are very hard to keep open, even with Medicaid funding.

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Posted

I am glad to see Jeff Bezos is going all in on personal liberties. I am sure he is going to start attacking extra-judicial abuses of authority by the police and state surveillance and voter suppression and freedom of speech and the right to privacy.

I look forward to him Facebook and other big tech entities for abusing those rights. Should happen any day now.

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Posted
11 minutes ago, Michael Knight said:

 

"You can and should absolutely discuss 'free markets' and 'personal liberties,' but anything that has even a whiff of 'but also maybe have reasonable restraints on those things in the public interest' is grounds for immediate termination."

Liberty to grab women by the pussy, and rape them?  Write me that editorial!  An opinion that maybe, just maybe, it's wrong to grab women by the pussy and rape them, and we should have and enforce laws against those things?  You're fired.

Bezos is evil, film at 11:00.

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Posted
18 minutes ago, Valmy77 said:

I am glad to see Jeff Bezos is going all in on personal liberties. I am sure he is going to start attacking extra-judicial abuses of authority by the police and state surveillance and voter suppression and freedom of speech and the right to privacy.

I look forward to him Facebook and other big tech entities for abusing those rights. Should happen any day now.

I wonder what he thinks about the personal liberties of employees who want to unionize.

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Posted
Just now, Francisco 2.0 said:

 

 

"If you're able-bodied and you want to milk the taxpayer, those days are over."

Why does he hate members of Congress so much?

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Posted
6 minutes ago, Francisco 2.0 said:

 

 

I can just hear all the Fox News crowd picturing black people and clapping not realizing that rural America is about to become a war zone. One thing is for sure. Pressure bursts pipes, and people in rural America will turn to what they always do when money is tight. It's about to be land of the zombies out there.

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Posted
11 minutes ago, GreenspointTexas said:

Dear god is this real ?

 

Can't speak for the superintendent of Alice public schools, but yeah, this has happened:

 

https://www.ktsm.com/news/vasquez-border-patrol-boards-bus-harasses-las-cruces-hs-students/amp/

 

Quote

U.S. Rep. Gabe Vasquez, D-New Mexico, says he wants answers after his office received reports that U.S. Border Patrol agents boarded a bus of Las Cruces High School students and “harassed” them Friday, Feb. 21 when they were on their way to a swim meet in Albuquerque.

Vasquez’s office says they were told that students and coaches were aboard a charter bus on Friday when they were stopped at a Border Patrol checkpoint.

 

Spoiler

“The situation escalated after agents questioned the driver, who was unable to respond in English. Rather than de-escalating, an agent proceeded to board the bus, ignored attempts by coaches to explain the situation, and demanded information from the students, leaving them rattled and shaken,” Vasquez’s office said.

“Harassing and frightening children does not make New Mexico safer,” Vasquez said in the news release. “No student should have to fear law enforcement while traveling to a school event.”

A Customs and Border Protection spokesman said the charter bus was unmarked without any school markings and that Border Patrol routinely inspects charter buses that go through checkpoints.

The CBP spokesperson said checkpoint inspections in the El Paso sector “play a vital role in maintaining the integrity of our nation’s borders.”

“They are instrumental in deterring illegal immigration and ensuring that those traveling away from the border comply with immigration laws. By conducting these inspections, Border Patrol agents help safeguard the security and well-being of communities throughout the United States,” the CBP spokesperson said.

According to CBP, Border Patrol agents from the Las Cruces station conducted “a routine immigration inspection” on Friday, Feb. 21 at a checkpoint on Interstate 25.

During the inspection, agents boarded an unmarked charter bus carrying personnel from the Las Cruces Independent School District, CBP said.

The bus had no school decals and as such was treated as a standard charter vehicle. The agents’ primary objective was to verify the legal status of the passengers, CBP said.

After completing the verification process, all individuals were confirmed to be legally present in the country and the agents left without incident, CBP said. 

Vasquez’s office, meanwhile, says reports of harassment by federal agents extend beyond this incident, Vasquez’s office said.

Vasquez’s office said that tribal members and U.S. citizens have “been targeted simply because they speak Spanish or their appearance.”

“Additionally, recent policy rollbacks have removed protections against enforcement actions in sensitive locations, including schools, churches, childcare centers, and hospitals — further jeopardizing public safety, particularly in our schools,” Vasquez’s office said.

Vasquez’s office said the congressman, who represents Southern New Mexico, is “demanding answers from the Department of Homeland Security (DHS) and calling for transparency regarding enforcement actions involving children, particularly on school buses and in other sensitive locations.”

“Incidents like this, along with reports of harassment of Tribal members and other American citizens simply because they speak Spanish or have brown skin, are unacceptable,” Vasquez said in the news release.

Las Cruces Public Schools said the district is “aware” of the incident and hopes “this was an isolated event, as all students, regardless of immigration status, are entitled to a free public education” per a 1982 U.S. Supreme Court ruling. Here is the full statement from LCPS:

“LCPS administration is aware of this incident that reportedly happened Friday morning. Our students were traveling to a state competition in a chartered bus that was not visibly marked as Las Cruces Public Schools. Our students and coaches complied with instructions from Border Patrol agents and were on their way shortly. 

“We hope this was an isolated event, as all students, regardless of immigration status, are entitled to a free public education according to the U.S. Supreme Court ruling in Plyler v Doe, 457 U.S. 202 (1982). The activity our students were attending is an extension of our educational program and were under the supervision of school district officials.”

 

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Posted (edited)
3 hours ago, The Hot Dog Buffet said:

Trump says he's going to sell 5 million of these and pay off the national debt using the $25 trillion that raises. How many millions of them are we selling at the $1M price?

80k since inception in 1990.  So, yeah, no.

And, as the program is currently operated, most of the payment goes to funding a business or governmental operation.  That's the whole point.  It's not revenue.

Edited by TwiceHorn
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Posted
42 minutes ago, Brisketexan said:

"You can and should absolutely discuss 'free markets' and 'personal liberties,' but anything that has even a whiff of 'but also maybe have reasonable restraints on those things in the public interest' is grounds for immediate termination."

Liberty to grab women by the pussy, and rape them?  Write me that editorial!  An opinion that maybe, just maybe, it's wrong to grab women by the pussy and rape them, and we should have and enforce laws against those things?  You're fired.

Bezos is evil, film at 11:00.

Understood, but they breathelessly greedy and as such, are forgetting the part where the poor whites still need some cookie.  Maybe just a  few crumb to survive.  They are just taking more and more.

Posted
1 minute ago, immamac said:

What the fuck are they doing? 

 

Whatever they want.   There are no guardrails any longer.  Team GOP has bitched for years about having smaller, less invasive government.  They finally got their wish.

 

 



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