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Mid-Morning Open Thread

Luks City Scene.jpg

City Scene
George Luks

Posted by: CBD at 09:30 AM




Comments

(Jump to bottom of comments)

1 Willowed:

1) That's not a million dollars
2) What bank is paying 8%

Posted by: lin-duh in keto @ werk at April 24, 2019 09:27 AM (9iLHi)

---

That's only $200 a month, which is easy to do. A million would only take $6K or so per year, which is also relatively easy to do if you start early and approach budgets sensibly. Employer matching is free money that counts, too.

Banks won't, but investments are pretty easy to average 10% on something tracking the S&P500. I used 8% as a conservative return.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:31 AM (bsfko)

2 st

Posted by: Martini Farmer at April 24, 2019 09:31 AM (DaDYr)

3 damn it

Posted by: Martini Farmer at April 24, 2019 09:31 AM (DaDYr)

4

Might as well jump. Go ahead and jump.

Posted by: Bertram Cabot, Jr. at April 24, 2019 09:31 AM (aKsyK)

5 Snipers are everywhere. There is no hope.

Posted by: Balrog of Morgoth at April 24, 2019 09:32 AM (FTPVM)

6 Too much grey and black. Although I guess that's what most cities are. Which is why I don't like them, as a rule.

Posted by: bluebell at April 24, 2019 09:33 AM (aXucN)

7 I guess hanging out on a bridge was a thing before TV.

Posted by: sniffybigtoe at April 24, 2019 09:33 AM (1ISKN)

8 Union guys hard at work.

Posted by: Vic at April 24, 2019 09:33 AM (mpXpK)

9 Want to change your child's life?

$100/month in a slightly aggressive Vanguard fund when they turn 18 that they don't touch for any (ANY) reason for 50 years.

At 10%?

$1.4M

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:33 AM (bsfko)

10 New york?

Posted by: Someguy at April 24, 2019 09:34 AM (HUFx8)

11 In 50 years, a normal car will cost $1.4M.

Posted by: sniffybigtoe at April 24, 2019 09:34 AM (1ISKN)

12 The city scene sucks.

Posted by: dantesed at April 24, 2019 09:34 AM (88xKn)

13 9 Want to change your child's life?

$100/month in a slightly aggressive Vanguard fund when they turn 18 that they don't touch for any (ANY) reason for 50 years.

At 10%?

$1.4M
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:33 AM (bsfko)

===========

That, or I could buy more avocado toast.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:35 AM (ANN96)

14 Ok, gotta run y'all! Have a great day!

*happy dance outta*

Posted by: Anon a mouse at April 24, 2019 09:36 AM (6qErC)

15 Hmm. Watercolor is unexpected for a hard urban scene.

I really like the guy reading the newspaper, his shadow appears through the translucent paper.

Posted by: Bandersnatch at April 24, 2019 09:36 AM (fuK7c)

16 Banks won't, but investments are pretty easy to average 10% on something tracking the S&P500. I used 8% as a conservative return.
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:31 AM (bsfko)

Expecting a 10% annual return over the long term is not sound thinking. The U.S. and the world have been in a consumer credit boom for the last 35 years and as soon as that ends....good luck.

Posted by: Balrog of Morgoth at April 24, 2019 09:37 AM (FTPVM)

17 Appreciate the painting, thank you CBD.

Posted by: Paolo at April 24, 2019 09:37 AM (0x00j)

18 nice read
https://www.dailywire.com/news/46308/klavan-one-sided-journalism-bad-country-andrew-klavan

Posted by: rhennigantx at April 24, 2019 09:37 AM (JFO2v)

19 Well, you woke up this morning
Got yourself a gun
Your mama always said you'd be the chosen one

Posted by: Zombie Tony S at April 24, 2019 09:38 AM (FZYNt)

20 @realDonaldTrump 3 minutes ago

Can anyone comprehend what a GREAT job Border Patrol and Law Enforcement is doing on our Southern Border. So far this year they have APPREHENDED 418,000 plus illegal immigrants, way up from last year. Mexico is doing very little for us. DEMS IN CONGRESS MUST ACT NOW!

Posted by: Tami at April 24, 2019 09:38 AM (cF8AT)

21 Yesterday a poster said that government officials are immune to criminal complaints for their actions as long as they were acting "reasonably". Would you please cite the federal statute saying that - so that I can study it.

Posted by: An Observation at April 24, 2019 09:38 AM (3nknU)

22 Oops, off with latin lover sock

Posted by: Billy Goat Gruff at April 24, 2019 09:38 AM (0x00j)

23 Where are the Red Sox fans?

Posted by: Duncanthrax at April 24, 2019 09:38 AM (SI3DS)

24 Back when we actually built things. And recognized that building things was good.

Posted by: Brother Cavil at April 24, 2019 09:39 AM (AM1GF)

25 couple in back haggling over city price of a BJer

Posted by: rhennigantx at April 24, 2019 09:39 AM (JFO2v)

26 Banks won't, but investments are pretty easy to average 10% on something tracking the S&P500. I used 8% as a conservative return.
=====

I heard yesterday that 5% is the average annual return.

Posted by: Bicentennialguy at April 24, 2019 09:39 AM (xE7+x)

27 23 Where are the Red Sox fans?
Posted by: Duncanthrax at April 24, 2019 09:38 AM (SI3DS)

===========

The A's are back to 500!

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:39 AM (ANN96)

28 Where are the Red Sox fans?
Posted by: Duncanthrax at April 24, 2019 09:38 AM (SI3DS)
--------

We're over here singing "God Bless America."

Posted by: bluebell at April 24, 2019 09:40 AM (aXucN)

29 No more skyscrapers in DeBlahblah land.

Posted by: Minnfidel at April 24, 2019 09:40 AM (xR1UF)

30 Where are the Red Sox fans?


Right here. You know the Bruins and the Celtics just won their respective first rounds of playoffs.

It is quite possible now that we will hold the World Series, Superbowl, Stanley Cup, and whatever they give basketballists at the same time.

Posted by: Bandersnatch at April 24, 2019 09:40 AM (fuK7c)

31 Buildings are soon to be illegal with the Green Deal.

Huzzah! We will all live and work in yerts.

God Bless the Horde. Live, laugh and love.

Smooches!

Posted by: Nurse ratched at April 24, 2019 09:40 AM (PkVlr)

32 16 Banks won't, but investments are pretty easy to average 10% on something tracking the S&P500. I used 8% as a conservative return.
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:31 AM (bsfko)

Expecting a 10% annual return over the long term is not sound thinking. The U.S. and the world have been in a consumer credit boom for the last 35 years and as soon as that ends....good luck.
Posted by: Balrog of Morgoth


Yeah. That sounds exactly like How municipalities and states have figured their pension funds that are sorely unfunded.

To the tune of $$$ billions.

Posted by: rickb223 at April 24, 2019 09:40 AM (DKgtk)

33 Great transportation product placement by AOC in the lower left corner.

Posted by: Duncanthrax at April 24, 2019 09:40 AM (SI3DS)

34 24 Back when we actually built things. And recognized that building things was good.
Posted by: Brother Cavil at April 24, 2019 09:39 AM (AM1GF)

you did not build that! is really build something and we will find a way to take it from you

Posted by: rhennigantx at April 24, 2019 09:41 AM (JFO2v)

35 Mutant horse-dog creatures on the lower left. Is this a post-apocalyptic scene?

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 09:41 AM (NWiLs)

36 Back when we actually built things. And recognized that building things was good.
Posted by: Brother Cavil
-----------

Buildings bad!

Posted by: de Blasio at April 24, 2019 09:41 AM (xSo9G)

37 Reading a newspaper on a train trestle is the smart choice.

Posted by: Puddin Head - CNN at April 24, 2019 09:41 AM (2LelM)

38 Very 1930s Working-man-ish. What's the name of that style? Soviet Something?

Posted by: Wolfus Aurelius at April 24, 2019 09:41 AM (elsTe)

39 My finest comments...

willowed...

like rust in the hinge...

Posted by: mindful webworker - industrially correct at April 24, 2019 09:42 AM (5UfE7)

40 I heard yesterday that 5% is the average annual return.

Posted by: Bicentennialguy at April 24, 2019 09:39 AM

---

That's probably about right. I'm guessing it accounts for and runs the gamut from 0.15% checking accounts to annuities to day traders making and losing every day.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:42 AM (bsfko)

41 I heard yesterday that 5% is the average annual return.

Posted by: Bicentennialguy at April 24, 2019 09:39 AM (xE7+x)

It's actually tough to calculate. Dividends, taxes, withdrawals, etc. make it complicated.

But planning a 10% return is unwise.


Posted by: CharlieBrown'sDildo at April 24, 2019 09:42 AM (wYseH)

42 Oh boy, more investment talk.

More reminders of how much of a failure I am.

Posted by: Hikaru at April 24, 2019 09:42 AM (0iCYP)

43 Only 1 out of 4 will jump off the bridge due to the crushingly dystopian view of the city. And those are odds we can live with!--Mayor Jungle Fever De Blasio.

Posted by: Anonymous White Male at April 24, 2019 09:43 AM (3sjI6)

44 32 16 Banks won't, but investments are pretty easy to average 10% on something tracking the S&P500. I used 8% as a conservative return.
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:31 AM (bsfko)

Expecting a 10% annual return over the long term is not sound thinking. The U.S. and the world have been in a consumer credit boom for the last 35 years and as soon as that ends....good luck.
Posted by: Balrog of Morgoth


Yeah. That sounds exactly like How municipalities and states have figured their pension funds that are sorely unfunded.

To the tune of $$$ billions.
Posted by: rickb223 at April 24, 2019 09:40 AM (DKgtk)

See e.g. CalPERS

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 09:43 AM (NWiLs)

45 McCulloughs The Great Bridge is great reading

Posted by: rhennigantx at April 24, 2019 09:43 AM (JFO2v)

46 New movie thoughts. French carnation thoughts.

Link in nic.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:43 AM (ANN96)

47 Former AG Mukasey destroys @ChrisCuomo/@CNN collusion delusion with the facts.

Video: https://tinyurl.com/y3lt6w2k

Listen at the very end....

Posted by: Tami at April 24, 2019 09:43 AM (cF8AT)

48 Don't misunderstand, btw. No one should plan on a 10% return. Your kids might just have to settle for $700K at a more reasonable 8% return.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:43 AM (bsfko)

49 24
Back when we actually built things. And recognized that building things was good.

Posted by: Brother Cavil at April 24, 2019

*
*
. . .
As opposed to now, when NYC has a mayor who wants to build new skyscrapers out of bamboo or something "renewable."

Posted by: Wolfus Aurelius at April 24, 2019 09:43 AM (elsTe)

50 Very 1930s Working-man-ish. What's the name of that style? Soviet Something?


Socialist realism. But I think this ain't that, this is much earlier.

Posted by: Bandersnatch at April 24, 2019 09:43 AM (fuK7c)

51
I heard yesterday that 5% is the average annual return.

Posted by: Bicentennialguy at April 24, 2019 09:39 AM (xE7+x)

5.5 or so +inflation has been the CAGR on the SP(cap weighted) index for the last 30 years or so. The market was odd over this period though with the tech bubble and all.

Posted by: Someguy at April 24, 2019 09:43 AM (HUFx8)

52 Too much grey and black.

Posted by: bluebell at April 24, 2019 09:33 AM (aXucN)


Some of his other stuff is quite different. He's worth a look.

Posted by: CharlieBrown'sDildo at April 24, 2019 09:43 AM (wYseH)

53 Oh boy, more investment talk.

More reminders of how much of a failure I am.
Posted by: Hikaru
----------

People generally only talk of their successes.

Posted by: Mike Hammer, etc.,etc. at April 24, 2019 09:44 AM (xSo9G)

54 15 Hmm. Watercolor is unexpected for a hard urban scene.

I really like the guy reading the newspaper, his shadow appears through the translucent paper.
Posted by: Bandersnatch at April 24, 2019 09:36 AM (fuK7c)


Look up the watercolorist Dong Kingman. He did some beautiful cityscapes.

Posted by: J.J. Sefton at April 24, 2019 09:44 AM (zBaqJ)

55 Just remember the "average return" isn't what you as investor will get as a return

Example:

Year 1 Up 10%
Year 2, Down 5%
Year 3 Up 20%

Take 20, 10 and -5, average out and you get 8.3

So invest 10K and an average of 8.3% a year = 10K *1.083 to the power of 3 = $12,714.

But that's not really how it works year to year

Year 1: 10% $10K goes to $11K
Year 2: Lose 5% $11K goes to $10,450
Year 3: Gain 20% $10,450 goes to $12,540

You notice $12,540 is lower than $12,714

This is a simple example over only 3 years. But over 30, 40, 50 years these differences get magnified.

The way that average is calculated is important. Wild swings up and down hurt your true investment average since your losses hurt more than your gains. When you lose 50%, you need 100% gain to get back to even.

Posted by: Lurking Lurker at April 24, 2019 09:44 AM (FiUMj)

56 Although I guess that's what most cities are. --Bluebell

I have a different definition of, and attitude toward, "suburbs" than is current today. You have to get off that east coast corridor and into something that has been farm country since The Year of No Summer, and there you find a patchwork out past the edge of controlled and permitted urban development. There will be some farms or the remnants of them, some just-as-they-happened shops and factories, sometimes right on the same land with the owners' houses, little clusters of housing developments, sometimes with the dotted-line streets of where the boom left off before all the boxes went up.

In urbanly-planned Moderan cities, green space is a maintained luxury. Grass and trees don't survive on their own, and often intrude into infrastructure or your roof, so the state of Nature there reflects the health of the grant-writing machine, and folkses' taste in public-provided playgrounds. Taint natural nature. It's a "civic virtue." Grey and rust cities are pretty honest. Green cities are all surface sod and planters.

Posted by: Your Brother-in-Law at April 24, 2019 09:44 AM (8ZmvG)

57 53 Oh boy, more investment talk.

More reminders of how much of a failure I am.
Posted by: Hikaru
----------

People generally only talk of their successes.
Posted by: Mike Hammer, etc.,etc. at April 24, 2019 09:44 AM (xSo9G)

============

Have I told you about my career as an astronaut?

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:44 AM (ANN96)

58 WTF is that in lower left corner? A dog?

Posted by: Mike Hammer, etc.,etc. at April 24, 2019 09:44 AM (xSo9G)

59 Morning Horde!

Hope y'all's day has started better than mine.

Also, the Drift Compatible Podcast is coming to a close. Link in nic.

Posted by: BCochran1981 at April 24, 2019 09:44 AM (9CkBG)

60 >We're over here singing "God Bless America."





Posted by: bluebell at April 24, 2019 09:40 AM (aXucN)


Oh snap.

Posted by: Muad'dib at April 24, 2019 09:45 AM (sjdRT)

61 There are REITs today paying an 8 to 10 percent dividend. Real estate is an interesting investment class.

Posted by: Someguy at April 24, 2019 09:45 AM (HUFx8)

62 24
Back when we actually built things. And recognized that building things was good.

Posted by: Brother Cavil at April 24, 2019

*
*
. . .
I think you're right. Those "realism" paintings always portrayed the working men as something akin to superheroes. These guys just seem like Average Joes.

Posted by: Wolfus Aurelius at April 24, 2019 09:45 AM (elsTe)

63 Hikaru, Vanguard is cheap cheap cheap and even just $25 or $50 a month adds up over decades.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:45 AM (bsfko)

64 American Funds

https://www.americanfunds.com/individual/investments/fund/amrmx

Posted by: rhennigantx at April 24, 2019 09:45 AM (JFO2v)

65 People generally only talk of their successes.

Posted by: Mike Hammer, etc.,etc. at April 24, 2019 09:44 AM (xSo9G)

..and they blame their broker for their loses.

Posted by: Cannibal Bob at April 24, 2019 09:46 AM (0rsWa)

66 Could use a happy little Bush or two ...

Posted by: zombie Bob Ross at April 24, 2019 09:46 AM (SI3DS)

67 Have I told you about my career as an astronaut?

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:44 AM (ANN96)

Was that before or after you lead the Knights Templar to reclaim Constantinople?

Posted by: Someguy at April 24, 2019 09:46 AM (HUFx8)

68 And don't forget about dividend reinvestment. That can add 2-3% a year. Which makes a lot of stocks a lot more attractive than they seem. The big old school boring multinationals still pay a nice dividend. Slow steady growth. It's what you want.

Posted by: Lurking Lurker at April 24, 2019 09:46 AM (FiUMj)

69 ..and they blame their broker for their loses.

---

It's right there in the name!

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:46 AM (bsfko)

70 See e.g. CalPERS
Posted by: Insomniac


*fistbump.

Exactly like them.

Posted by: rickb223 at April 24, 2019 09:46 AM (DKgtk)

71 67 Have I told you about my career as an astronaut?

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:44 AM (ANN96)

Was that before or after you lead the Knights Templar to reclaim Constantinople?
Posted by: Someguy at April 24, 2019 09:46 AM (HUFx

===========

Before, actually.

It's been a twisty-turny journey.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:46 AM (ANN96)

72 58
WTF is that in lower left corner? A dog?

Posted by: Mike Hammer, etc.,etc. at April 24, 2019

*
*
. . .
Looks to me like a horse. In the early part of the 20th, milk and other stuff was still being delivered by horse-drawn wagons, and then there were mounted cops.

Posted by: Wolfus Aurelius at April 24, 2019 09:47 AM (elsTe)

73 Want to change your child's life?

$100/month in a slightly aggressive Vanguard fund when they turn 18 that they don't touch for any (ANY) reason for 50 years.

At 10%?

$1.4M
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:33 AM (bsfko)

That reminded me of the book covers they used to give us in elementary school. They had comparisons about your expected income if you went to college vs. blue collar work (didn't call it that, though). If they gave away book covers now, I'd love to see them pitch trade school over going to college. If they still had books.

Posted by: Anonymous White Male at April 24, 2019 09:47 AM (3sjI6)

74 Oh lord, on a (suppoedly non-political) message board I post on, somebody just referred to Khashoggi as "an absolutely critical journalist".

People still buy that bullshit.

Posted by: Hikaru at April 24, 2019 09:47 AM (0iCYP)

75 The way that average is calculated is important. Wild swings up and down hurt your true investment average since your losses hurt more than your gains. When you lose 50%, you need 100% gain to get back to even.

Posted by: Lurking Lurker at April 24, 2019 09:44 AM (FiUMj)

Most averages you hear cited actually are CAGR. So this sort of issue doesn't generally come up.

Posted by: Someguy at April 24, 2019 09:48 AM (HUFx8)

76 I'm giving the guy with the paper a pass. It might be a blueprint.

Posted by: creeper at April 24, 2019 09:48 AM (NF9CI)

77 The secret to investing is not letting your wife know how much or little you have.

Posted by: Puddin Head - CNN at April 24, 2019 09:48 AM (2LelM)

78

We're over here singing "God Bless America."

That's why doggies were born.

Posted by: Bertram Cabot, Jr. at April 24, 2019 09:48 AM (aKsyK)

79 Could use a happy little Bush or two ...
Posted by: zombie Bob Ross at April 24, 2019 09:46 AM (SI3DS)

What if it's a landing strip, or completely shaved?

Posted by: Anonymous White Male at April 24, 2019 09:49 AM (3sjI6)

80 Most people aren't qualified to work on their own cars, represent themselves in court or diagnose anything beyond a common cold. Why they think they are capable of investing their own money given the complexity and speed which markets move at today is a mystery to me.

I had lunch with my financial advisor a couple weeks ago. This guy lives the worldwide financial markets on a constant basis. I pay him a commission for what he makes me. We are both quite pleased with the results.

Posted by: JackStraw at April 24, 2019 09:49 AM (/tuJf)

81 A Shitty Schene? Ah, so.

Posted by: City Wok at April 24, 2019 09:49 AM (Frf8q)

82 A drug deal going down, jumper just before he hops, and a "security monitor" working just as hard as you'd expect.

too dingy, grey, blocky, and reminds me of something I did in late middle school, high school.

plus, snipers all over and counter sniper teams as well.

Posted by: SturmToddler at April 24, 2019 09:49 AM (8D42x)

83 77 The secret to investing is not letting your wife know how much or little you have.
Posted by: Puddin Head - CNN at April 24, 2019 09:48 AM (2LelM)

___

Totally

Posted by: The Year 1957 at April 24, 2019 09:49 AM (FiUMj)

84 BRB. Gotta go make some sammiches for the builders.

Posted by: creeper at April 24, 2019 09:50 AM (NF9CI)

85 Mark Steyn wrote his 3 months after 9/11/01.If you have high blood pressure already,do not read.

https://www.steynonline.com/9319/dont-mention-the-jihad

Posted by: steevy at April 24, 2019 09:50 AM (AjVAj)

86 I had lunch with my financial advisor a couple weeks ago. This guy lives the worldwide financial markets on a constant basis. I pay him a commission for what he makes me. We are both quite pleased with the results.

Posted by: JackStraw at April 24, 2019 09:49 AM (/tuJf)

--

He's not retired and living on an island?

Huh.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:50 AM (bsfko)

87 "Bernie Sanders' Honeymoon in Moscow"

The horses are actually government minders.

Posted by: The Gipper Lives at April 24, 2019 09:50 AM (Ndje9)

88 79 Could use a happy little Bush or two ...
Posted by: zombie Bob Ross at April 24, 2019 09:46 AM (SI3DS)

What if it's a landing strip, or completely shaved?
Posted by: Anonymous White Male at April 24, 2019 09:49 AM (3sjI6)



And thus begins another round of carpet vs hardwood debate.

MORONS! State your opinions! (as offensively as possible)

Posted by: BCochran1981 at April 24, 2019 09:51 AM (9CkBG)

89 I count as one of my more significant achievements the fact that I have saved and invested for over 30 years, and have set up WeaselWoman and the UPS guy with a tidy sum after I kick the bucket.

Posted by: Weasel at April 24, 2019 09:51 AM (Ku980)

90 Have you city folk never seen a horse? Or a dog?

Why do you keep thinking those horses are dogs?

Posted by: Bandersnatch at April 24, 2019 09:51 AM (fuK7c)

91 Seriously, though, there is no secret. Time and what you're willing to risk are pretty much the only two variables. Anything else and you're paying for the coffee and donuts.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:51 AM (bsfko)

92 I heard yesterday that 5% is the average annual return.

Posted by: Bicentennialguy at April 24, 2019 09:39 AM (xE7+x)

It's actually tough to calculate. Dividends, taxes, withdrawals, etc. make it complicated.

But planning a 10% return is unwise.




Posted by: CharlieBrown'sDildo at April 24, 2019 09:42 AM

---

My goal is to stay ahead of inflation. And not the inflation the Federal government puts out, the real inflation numbers.

The Feds have an inherent reason for pushing low inflation numbers. It costs them less in raises for everyone that gets a check from them.

Posted by: The Great White Scotsman at April 24, 2019 09:52 AM (JUOKG)

93 80 Most people aren't qualified to work on their own cars, represent themselves in court or diagnose anything beyond a common cold. Why they think they are capable of investing their own money given the complexity and speed which markets move at today is a mystery to me.

I had lunch with my financial advisor a couple weeks ago. This guy lives the worldwide financial markets on a constant basis. I pay him a commission for what he makes me. We are both quite pleased with the results.
Posted by: JackStraw at April 24, 2019 09:49 AM (/tuJf)

___

Dude, I have an MBA and let me tell you a secret....nobody knows a fucking thing about investing that you don't have access to. Over the long run, you're throwing your money away on his commission.

I'd bet your guy's personal investments are what mine are in....boring low cost index funds. All "finance guys" invest their money in shit like that, while investing their clients' money in risky high cost/commission stuff.

Posted by: Lurking Lurker at April 24, 2019 09:52 AM (FiUMj)

94 Forgot a variable:

What you would rather spend all your money on today.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:52 AM (bsfko)

95 91>>>

I really can't afford to risk anything with my low-paying job.

Posted by: Hikaru at April 24, 2019 09:52 AM (0iCYP)

96 Ace put up the link to "Dream On" by Post Modern Jazz. So, then I listened to "All About that Bass" and I cannot get the song out of my head.

Do.Not. Listen.

Posted by: Smilin Jack at April 24, 2019 09:53 AM (yDxHh)

97 Very 1930s Working-man-ish. What's the name of that style? Soviet Something?
Posted by: Wolfus Aurelius


Soviet Realism.

A variation of this style was also popular in the 1930's in the US. A lot of New Deal art was commissioned that imitated "Soviet Realism".

I don't think this painting quite falls into that category. Usually the figures were portrayed as super attractive to support the heroic collective or something like that.

Posted by: Bozo Conservative....unfrozen caveman moron at April 24, 2019 09:53 AM (vcOmj)

98 Forgot a variable:

What you would rather spend all your money on today.
Posted by: Moron Robbie


Hookers and blow.

You DO know where you are, don't you?

Posted by: rickb223 at April 24, 2019 09:53 AM (DKgtk)

99 >>He's not retired and living on an island?

>>Huh.

Oh he lives on an island alright. But he's not the retiring type. He's the making a ton of money type.

Posted by: JackStraw at April 24, 2019 09:54 AM (/tuJf)

100 Puddinhead @ 77

And you could even spend most of it without telling her.


*kicks door shut on this particular piece of advice*

Posted by: creeper at April 24, 2019 09:54 AM (NF9CI)

101 80 Most people aren't qualified to work on their own cars, represent themselves in court or diagnose anything beyond a common cold. Why they think they are capable of investing their own money given the complexity and speed which markets move at today is a mystery to me.

I had lunch with my financial advisor a couple weeks ago. This guy lives the worldwide financial markets on a constant basis. I pay him a commission for what he makes me. We are both quite pleased with the results.

Posted by: JackStraw at April 24, 2019 09:49 AM (/tuJf)

As a guy in finance, most investment advisors are a rip off.

The two things that can make them worth their fee are
1) Persuading and unsophisticated investor not to sell during a downturn.
2) Structuring the portfolio to match your liabilities (spending needs) and minimize taxes

A lot of financial advisers are negative value added because they recommend debt instruments, they're pure salespeople. You don't need a background in finance to be a financial adviser. The licenses require a modest understanding of the products being sold.

Posted by: Someguy at April 24, 2019 09:54 AM (HUFx8)

102 Early Warner Brothers cartoon.

Posted by: Kindltot at April 24, 2019 09:54 AM (TN7xY)

103 94 Forgot a variable:

What you would rather spend all your money on today.
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:52 AM (bsfko)

___

Absolutely. One of the identifiers of succesful people vs un successful people is their ability to postpone gratification.

Posted by: Lurking Lurker at April 24, 2019 09:54 AM (FiUMj)

104 I use 4% as a LTRR in my personal financial planning hoping any surprises will be on the upside.

Posted by: Weasel at April 24, 2019 09:54 AM (Ku980)

105 All "finance guys" invest their money in shit like
that, while investing their clients' money in risky high cost/commission
stuff.

Posted by: Lurking Lurker at April 24, 2019 09:52 AM (FiUMj)

Yeah...no. I know a fair number of people in "finance," and they invest just like everyone else.

Posted by: CharlieBrown'sDildo at April 24, 2019 09:54 AM (wYseH)

106 I have an MGA, and let me tell you: put your money in casinos!

Posted by: G at April 24, 2019 09:55 AM (tGjfm)

107 Preach it Someguy!!!

Posted by: Lurking Lurker at April 24, 2019 09:55 AM (FiUMj)

108 Union guys hard at work.

Trade!! School!!!

Posted by: Your Brother-in-Law at April 24, 2019 09:55 AM (8ZmvG)

109 just talking in RL about investing now
KTY had a part time job
hubby says hey why not pick a stock and put your money in it KTY!
My idea is is she's gonna do that, she's hould put it in a Roth - her public college Fin Aid is not allowed to look at that, plus earnings are tax free, seems like a no-brainer
hubby doesn't like it coz "she won't be able to use the money until she's 65"
#smh

Posted by: vmom Superior Order of Ninjas at April 24, 2019 09:56 AM (dm05u)

110

BREAKING:

Joe Bidet is... OUT?!

Advisers reportedly scrap tomorrow's launch video.

h/t Breitbart

Posted by: J.J. Sefton at April 24, 2019 09:56 AM (zBaqJ)

111 This could have been a Steely Dan album cover, easy.

Posted by: Agent Cooper at April 24, 2019 09:56 AM (O4obU)

112 Yeah...no. I know a fair number of people in "finance," and they invest just like everyone else.
Posted by: CharlieBrown'sDildo at April 24, 2019 09:54 AM (wYseH)

___

I betcha they don't. Ask them to see a copy of their personal retirement funds.

Posted by: Lurking Lurker at April 24, 2019 09:56 AM (FiUMj)

113 GWS, I wondered when someone would raise the ugly spectre of inflation. None if these numbers mean squat if you don't/can't figure in inflation.

Posted by: creeper at April 24, 2019 09:56 AM (NF9CI)

114
Want to change your child's life?



$100/month in a slightly aggressive Vanguard fund when they turn 18 that they don't touch for any (ANY) reason for 50 years.



At 10%?



$1.4M


Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:33 AM


---

Don't forget to include an annual inflation rate of ~3% for those 50 years.

Posted by: The Great White Scotsman at April 24, 2019 09:57 AM (JUOKG)

115 110

BREAKING:

Joe Bidet is... OUT?!

Advisers reportedly scrap tomorrow's launch video.

h/t Breitbart

Posted by: J.J. Sefton at April 24, 2019 09:56 AM (zBaqJ)

===========

Holy shit...

Biden's exit is the only exit from this race that makes it more interesting.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:57 AM (ANN96)

116 >>Dude, I have an MBA and let me tell you a secret....nobody knows a fucking thing about investing that you don't have access to. Over the long run, you're throwing your money away on his commission.

>>I'd bet your guy's personal investments are what mine are in....boring low cost index funds. All "finance guys" invest their money in shit like that, while investing their clients' money in risky high cost/commission stuff.

Wow. A whole MBA?

Let's put it this way. 10% would be a disappointing return for both of us. I'm quite pleased.

And I'd rather use my free time to do things I want to do. But to each their own.

Posted by: JackStraw at April 24, 2019 09:57 AM (/tuJf)

117 That's only $200 a month, which is easy to do. A
million would only take $6K or so per year, which is also relatively
easy to do if you start early and approach budgets sensibly. Employer
matching is free money that counts, too.



Banks won't, but investments are pretty easy to average 10% on
something tracking the SP500. I used 8% as a conservative return.
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:31 AM (bsfko)



You can get about 6% currently on a whole life dividend policy. And once you get into it, you can borrow against your payoff.

Posted by: Kindltot at April 24, 2019 09:57 AM (TN7xY)

118 hubby doesn't like it coz "she won't be able to use the money until she's 65"

--

He needs to be shown that yes, that's the entire point.

I like stocks for saving up for cars and such, too, but that should be a separate account.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:57 AM (bsfko)

119 116 And I'd rather use my free time to do things I want to do. But to each their own.
Posted by: JackStraw at April 24, 2019 09:57 AM (/tuJf)

==========

Someone needs to find it fun to go through IG reports.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:58 AM (ANN96)

120 she won't be able to use the money until she's 65"


How tall is she now?

Posted by: Bandersnatch at April 24, 2019 09:58 AM (fuK7c)

121 53 Oh boy, more investment talk.

More reminders of how much of a failure I am.
Posted by: Hikaru
----------

People generally only talk of their successes.
Posted by: Mike Hammer, etc.,etc. at April 24, 2019 09:44 AM (xSo9G)

Reason 3,784 to stay away from Facebook and Instagram. And those families that send you Christmas cards with multi-page letters telling you Winston just sold his third IT company while still in 8th grade, Bradley just won her seventh Westinghouse award and is getting a free ride to MIT at the age of 17, hubby just got promoted to Senior Executive Vice President after only being with the company for six months and wifey's self-help book is a best seller. I hate those fuckers.

And by the way...my professional life is basically a smoldering crater. I'm having to essentially try to start over completely in middle age, when I'm supposed to be at peak earning production. I'm financially enslaved to an ex-wife who cleaned me right the fuck out and hoovers up the majority of what little money I manage to make. I can't afford to pay my taxes. This isn't some kind of exercise in one-upsmanship but letting you know that a) people around you have failed spectacularly, and b) things aren't always what they seem. Oh, and c) if you spend all your time and energy comparing yourself to people who appear to be better situated than you, and maybe they are, then you won't spend time and energy doing what you can to improve your situation. Trust me, I know this first-hand.

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 09:59 AM (NWiLs)

122 LMAO @ 89

Well done, Weasel.

Posted by: creeper at April 24, 2019 09:59 AM (NF9CI)

123 Hillary made him quit at the last minute for the second straight time.Wonder what threat she made this time or was it the same one?

Posted by: steevy at April 24, 2019 09:59 AM (AjVAj)

124 Let's put it this way. 10% would be a disappointing return for both of us.

--

Don't bogart that name, dude. (are we still joking about that?)

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:59 AM (bsfko)

125 BREAKING:



Joe Bidet is... OUT?!



Advisers reportedly scrap tomorrow's launch video.



h/t Breitbart





Posted by: J.J. Sefton at April 24, 2019 09:56 AM

---

They are worried about him not being able to raise enough money. He hasn't raised a dime yet.


If his launch goes bad and he doesn't rake in millions in the first 24 hours he will be DIW.

Posted by: The Great White Scotsman at April 24, 2019 09:59 AM (JUOKG)

126 106 I have an MGA, and let me tell you: put your money in casinos!
---------------------
Great looking car. Too bad it was British.

Posted by: Puddin Head - CNN at April 24, 2019 09:59 AM (2LelM)

127 Hi creeper!

Posted by: Weasel at April 24, 2019 10:00 AM (Ku980)

128 121 Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 09:59 AM (NWiLs)

===========

I've heard that bank robbery is the hot new career path.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:00 AM (ANN96)

129 Biden's exit is the only exit from this race that makes it more interesting.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:57 AM (ANN96)

He was their only middle of the road hope, who could have appealed to the average voter. The rest are far left socialist cartoon characters.The METOO movement finished him, and rightly so. Creep.The thing is, NOBODY is progressive enough to pass the litmus test that the far left, which now controls that party, will administer to each one.
None of them will be socialist enough, gay enough, lgbt enough, cop hating enough, minority enough to be president. Whomever wins will have swing SO insanely far left to win the primary it will doom them in the general.

Posted by: Agent Cooper at April 24, 2019 10:00 AM (O4obU)

130 Guy in the middle, hunched over the rail, is trying to drop a loogie on the barge passing under the bridge.

Posted by: grim grey industrial day. at April 24, 2019 10:00 AM (wNN8A)

131 Holy shit...



Biden's exit is the only exit from this race that makes it more interesting.


Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 09:57 AM

---

He isn't out, they are just delaying the launch of his campaign.

Posted by: The Great White Scotsman at April 24, 2019 10:01 AM (JUOKG)

132 Hillary knows where the bodies are buried... She put many of them there.

Posted by: Phil Hartmark F/K/A Truck Monkey at April 24, 2019 10:01 AM (flINI)

133 I have a whole MBA and I'd rather talk about the drawing than other people's money.

Posted by: Bandersnatch at April 24, 2019 10:01 AM (fuK7c)

134 The secret to investing success is knowing when to leave the table. If you get a bit hit take some profits and go do something else for awhile. Don't go all Hitler and start invading Russia.

Posted by: Puddin Head - CNN at April 24, 2019 10:01 AM (2LelM)

135 Heh.

Having a falling out with someone who was a close friend.

He says he doesn't think he can put up with an underachiever anymore.

Posted by: Hikaru at April 24, 2019 10:01 AM (0iCYP)

136
Was that before or after you lead the Knights Templar to reclaim Constantinople?


I already reclaimed it, but it was full of Greeks.

Posted by: Enrico Dandolo at April 24, 2019 10:01 AM (Clxcy)

137 Let's put it this way. 10% would be a disappointing return for both of us. I'm quite pleased.

And I'd rather use my free time to do things I want to do. But to each their own.
Posted by: JackStraw at April 24, 2019 09:57 AM (/tuJf)

___

LOL, OK man you do you.
I realize I wont' convince anyone because there is a multi billion dollar marketing campaign telling you that you NEED "expert" advice.


PS: 10% is disappointing to anyone, when s&p500 is up 50% in the past 3 years.

Posted by: Lurking Lurker at April 24, 2019 10:01 AM (FiUMj)

138 129 Hold my Metamucil
Hillary

Posted by: steevy at April 24, 2019 10:01 AM (AjVAj)

139 He needs to be shown that yes, that's the entire point.

I like stocks for saving up for cars and such, too, but that should be a separate account.
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 09:57 AM (bsfko)

exactly!
Plus she can withdraw the contributions after college if she want - switch it to something else

and she's allowed to use Roth money for her masters if she needs to someday

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:02 AM (dm05u)

140 133 I have a whole MBA and I'd rather talk about the drawing than other people's money.

Posted by: Bandersnatch at April 24, 2019 10:01 AM (fuK7c)


But then how will you brag about your prowess with finances????

Posted by: BCochran1981 at April 24, 2019 10:02 AM (9CkBG)

141 Off Fourth Crusader Sock...

I like today's art. It reminds me of /Dark City/. The water towers wait for the Archons to get arrogant.

Posted by: Thing From Snowy Mountain, who had a B-Wing, and called it Brad at April 24, 2019 10:02 AM (Clxcy)

142 This looks like an art school assignment to incorporate all the values of white to black.

Posted by: kallisto at April 24, 2019 10:03 AM (R5dBL)

143 I had lunch with my financial advisor a couple weeks ago. This guy lives the worldwide financial markets on a constant basis. I pay him a commission for what he makes me. We are both quite pleased with the results.

Posted by: JackStraw at April 24, 2019 09:49 AM (/tuJf)


Who paid for the lunch?

Posted by: dantesed at April 24, 2019 10:03 AM (88xKn)

144 The second rule of investing is that stocks and bonds were designed to be sold.

Posted by: Puddin Head - CNN at April 24, 2019 10:03 AM (2LelM)

145 but hubby is in the magic stock chasing mindset
I prefer boring index funds

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:03 AM (dm05u)

146 Reason 3,784 to stay away from Facebook and Instagram. And those families that send you Christmas cards

--

Yep. I'm well into middle age and have a relatively good life, but I've accepted that I'm often boring, very average, and am not going to change the world.

On the bright side, it frees up more time for fishing.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 10:03 AM (bsfko)

147 Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 09:59 AM (NWiLs)

------

Been there, done that... except for the ex-wife thing. There is life after failure. I am proof. I am well past middle age and I started my own business which I will sell in a decade or so for a tidy sum. I am on my way.

Posted by: Phil Hartmark F/K/A Truck Monkey at April 24, 2019 10:03 AM (flINI)

148 ...I mean seriously, look at the "economy" now! It's "financial" (gambling with other people's money and playing with numbers), "services" (get treated like crap for crap wages), "creative" (drek ephemera nobody will care about in 50 years...or likely even 5), or "bureaucrat/middle management" (politics & paper shuffling) are the big areas now. Building, manufacturing, that's all sneered at, marginalized, and taken a dump on (sometimes literally). We literally make our money from things that don't exist in the real world and have no real permanence. That is a VERY bad sign.

Posted by: Brother Cavil at April 24, 2019 10:04 AM (AM1GF)

149 The painting's okay but I like his Star Wars period more.

Posted by: all doubt removed at April 24, 2019 10:04 AM (S2eH9)

150 This kind of dick-measuring stuff is what makes people suicidal.

Posted by: Hikaru at April 24, 2019 10:04 AM (0iCYP)

151 The painting is crap. Not an elbow, sharp or otherwise, in sight.

Posted by: BCochran1981 at April 24, 2019 10:05 AM (9CkBG)

152 One of the early lessons I learned in finance (both in a classroom setting and working in the field), is that very very very few people beat the averages in the long term. Sure you can have a nice run for a year or two or three. But long term, everyone is average.

Which is why, it's dumb to pay someone an expensive commission to be average long term, when you can do it for free on your own.

Posted by: Lurking Lurker at April 24, 2019 10:05 AM (FiUMj)

153 He isn't out, they are just delaying the launch of his campaign.

Becoming more selective, as it were, in his appeal. Like all the other Dems.

Posted by: Your Brother-in-Law at April 24, 2019 10:05 AM (8ZmvG)

154 134
The secret to investing success is knowing when to leave the table. If
you get a bit hit take some profits and go do something else for awhile.
Don't go all Hitler and start invading Russia.

Posted by: Puddin Head - CNN at April 24, 2019 10:01 AM (2LelM)

Hitler would have been okay if he's just stuck with making Germany better...Heh.Seriously though, Hitler didn't listen to his generals. You gotta listen to your generals. Napoleon too.

Posted by: Agent Cooper at April 24, 2019 10:06 AM (O4obU)

155 Dark and ominous. That's generally what I think living in a city is like.

Posted by: Biergood at April 24, 2019 10:06 AM (uGKH7)

156 Reason 3,784 to stay away from Facebook and Instagram.

--

I heard there are websites now that let you post fake vacation pictures to your social media.

You send them your photos, they shop them to look like you're in some ritzy place etc

LOL

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:06 AM (dm05u)

157 I looked up George Luks and CBD is right, he did do some more colorful stuff. There are some I like better than this one and some I like worse, which I will not mention because then I'm afraid everyone will see them.

Posted by: bluebell at April 24, 2019 10:06 AM (aXucN)

158 So just to see what he would do with it(and because I'm too lazy to do the research) I let my son choose the investments on one account. He put it in pot stock. I was floored...especially when I saw the returns.

Posted by: creeper at April 24, 2019 10:06 AM (NF9CI)

159 >>Who paid for the lunch?

One way or another, me.

I never said I didn't understand finance. I said I'd prefer to pay someone else to make me money while I go fishing.

Posted by: JackStraw at April 24, 2019 10:06 AM (/tuJf)

160 Happy birthday JJ!

For gout: cherries. Tart cherries. Get a can of unsweetened pie filling, dark tart cherries, or cherry juice. Eat about a dozen or 20 cherries per day.

Posted by: grim grey industrial day. at April 24, 2019 10:06 AM (wNN8A)

161 re: Klobuchar sidebar

It seems to me that the audience was confused as to why a senator was bragging about having won "every congressional district" in MN. I know I was. It may be technically true but it scans oddly.

At any rate, the audience was lucky she didn't go Clobber-char on them for not clapping.

Posted by: Guy Smiley at April 24, 2019 10:06 AM (+/7JY)

162 But then how will you brag about your prowess with finances????

Posted by: BCochran1981 at April 24, 2019 10:02 AM (9CkBG)

--

I want to apologize if I came across that way. I'm not particularly successful, but I realized that no one was, or is, meaningfully taught something very easy in high school that would be life changing at retirement. It might get a mention in a chapter read-through three weeks before summer break starts, but not much more.

I didn't know when it mattered, but I'll admit I'm sort of an evangelical about it now.

Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 10:06 AM (bsfko)

163 148 ...I mean seriously, look at the "economy" now! It's "financial" (gambling with other people's money and playing with numbers), "services" (get treated like crap for crap wages), "creative" (drek ephemera nobody will care about in 50 years...or likely even 5), or "bureaucrat/middle management" (politics paper shuffling) are the big areas now. Building, manufacturing, that's all sneered at, marginalized, and taken a dump on (sometimes literally). We literally make our money from things that don't exist in the real world and have no real permanence. That is a VERY bad sign.

Posted by: Brother Cavil at April 24, 2019 10:04 AM (AM1GF)
I like to say you can't run an economy on jacking each other off(services, financial or otherwise). But a lot of our economy isn't that.

Posted by: Someguy at April 24, 2019 10:07 AM (HUFx8)

164 My mother never made over 10 hr as a Pharmacy tech but was able to retire at 55 from Walgreens after 30 years. She contributed the max to all of their savings and stock programs.

It's nice that I don't have a financial burden with my parents (parent. Mom became a widow at 49) like unfortunately many people have.


Living within your means and saving early and anyone can become financially secure.

Posted by: Alexandria Ocasio Cortez at April 24, 2019 10:07 AM (Srnuc)

165 For the record, I hate the painting. Except maybe for the horse's head, which is probably destined for some poor schmuck's bed

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:07 AM (dm05u)

166 Stupid sock. I mean really stupid.

Posted by: Can't resist temptation at April 24, 2019 10:08 AM (Srnuc)

167 My portfolio management skills come from shooting craps and using a sports coat. My buy in cash is in my left pocket. My working capital is one third of my buy in and is what I bet with. Any gains above that third made on the table goes into my right pocket. Once I have either a my full buy in in my right pocket I start upping the bets. If the left pocket is empty its probably time to go home. I never shoot craps before midnight and I always look for a noisy table.

Posted by: Puddin Head - CNN at April 24, 2019 10:08 AM (2LelM)

168 166 Stupid sock. I mean really stupid.
Posted by: Can't resist temptation at April 24, 2019 10:08 AM (Srnuc)

it was funny, given the post

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:09 AM (dm05u)

169 $100/month in a slightly aggressive Vanguard fund when they turn 18 that they don't touch for any (ANY) reason for 50 years.
...


Slightly aggressive for a child?

No. All chips to center table.

Posted by: HA at April 24, 2019 10:09 AM (MAstk)

170 But then how will you brag about your prowess with finances????
Posted by: BCochran1981 at April 24, 2019 10:02 AM


I find that, from a how you say, marketing perspective, that it is better to let others brag about one's prowess.

Posted by: Paolo at April 24, 2019 10:09 AM (SI3DS)

171 166 Stupid sock. I mean really stupid.

Posted by: Can't resist temptation at April 24, 2019 10:08 AM (Srnuc)


That sock was awesome with your comment.

Posted by: BCochran1981 at April 24, 2019 10:09 AM (9CkBG)

172
I heard there are websites now that let you post fake vacation pictures to your social media.

....

Hmm.

*contemplates a business writing Facebook posts for people to make them appear more interesting...or strange anyway*

Posted by: Bitter Clinger at April 24, 2019 10:09 AM (Qk8vt)

173 92 My goal is to stay ahead of inflation. And not the inflation the Federal government puts out, the real inflation numbers.

The
Feds have an inherent reason for pushing low inflation numbers. It
costs them less in raises for everyone that gets a check from them.


Posted by: The Great White Scotsman at April 24, 2019 09:52 AM (JUOKG)

Not possible with any kind of savings or investment. Real economists were saying inflation ran be5tween 15 and 20 percent during the Obama years when the gov was putting ouy 0 to .2 percent. I was screaMING LOUD AND CLEAR THAT THOSE NUMBERS WERE bs. aLL YOU HAD TO DO WAS WALK THROUGH A GROCERY STORE.

Posted by: Vic at April 24, 2019 10:09 AM (mpXpK)

174 Living within your means and saving early and anyone can become financially secure.
Posted by: Alexandria Ocasio Cortez at April 24, 2019 10:07 AM (Srnuc)

Ironic. And not always true, but sound advice regardless.

Here's another thing - make sure that if you get hitched it's to someone who is in line with living within your means and saving early. A spendthrift spouse can easily torpedo your financial security. AMHIK.

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 10:09 AM (NWiLs)

175 The "service economy" was where Reagan lost me.

Posted by: creeper at April 24, 2019 10:10 AM (NF9CI)

176 Posted by: Paolo at April 24, 2019 10:09 AM (SI3DS)


Hey hey hey. Who let you out of Bill Kristol's wife?

Posted by: BCochran1981 at April 24, 2019 10:10 AM (9CkBG)

177 Slightly aggressive for a child?

No. All chips to center table.
Posted by: HA at April 24, 2019 10:09 AM (MAstk)

Vanguard has targeted funds - aiming to retire on this year and they auto-adjust the strategy for you going from aggressive to cautious as the payout year approaches

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:10 AM (dm05u)

178 Looks to be pre-zoning era.

Posted by: BignJames at April 24, 2019 10:11 AM (ykq7q)

179 172
I heard there are websites now that let you post fake vacation pictures to your social media.

....

Hmm.

*contemplates a business writing Facebook posts for people to make them appear more interesting...or strange anyway*
Posted by: Bitter Clinger at April 24, 2019 10:09 AM (Qk8vt)

===========

In the movie "Her", Joaquin Phoenix plays a man in the future who writes personal notes made to look handwritten to lonely people who pay for the service. He's an employee of a company purely dedicated to it.

Spike Jonze was a visionary.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:11 AM (ANN96)

180 I hate the fucking caps lock key. They should move it to where the top row of keys are.

Posted by: Vic at April 24, 2019 10:11 AM (mpXpK)

181 I ride the waves of the chart kind of like sailing choppy waters. Up 40% this year, but that is certainly not sustainable. However, with patience, due diligence, and the ability to handle risk, one may navigate the waters and stay more or less dry until it is hookers and blow time

Posted by: Balrog of Morgoth at April 24, 2019 10:11 AM (FTPVM)

182 Luks is not Socialist Realism, he's one of the big-daddies of The Ashcan School. And those guys are all over the place, politically. Quite a bit of WPA muralism, sure, but it all looks like real people doing stuff. I like that.

Posted by: Your Brother-in-Law at April 24, 2019 10:11 AM (8ZmvG)

183 The second rule of investing is that stocks and bonds were designed to be sold.
Posted by: Puddin Head - CNN at April 24, 2019 10:03 AM (2LelM)

Unless you like the dividend yield.

Posted by: Can't resist temptation at April 24, 2019 10:11 AM (Srnuc)

184 182 Luks is not Socialist Realism, he's one of the big-daddies of The Ashcan School. And those guys are all over the place, politically. Quite a bit of WPA muralism, sure, but it all looks like real people doing stuff. I like that.
Posted by: Your Brother-in-Law at April 24, 2019 10:11 AM (8ZmvG)

============

I watched a movie the other day partially funded by Italian Communists made right after World War II.

All about the class struggle. Also really good.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:12 AM (ANN96)

185 Wakes up
Scratches
Looks around
Aww shucks. A Luks!
Goes looking for coffee.

Posted by: Diogenes at April 24, 2019 10:12 AM (0tfLf)

186 Here is the post I'm asking about:
Who would we make a criminal complaint to about this?



Posted by: Cato, Media Delenda Est at April 23, 2019 01:03 PM (J+mig)



no one.



without going into a lot of technical legal details, there's a huge
exemption that covers all public officials unless they act
"unreasonably". Basically that provision is a dead letter, as far as
govm't officials are concerned.

Posted by: Tom Servo at April 23, 2019 01:11 PM (Kpl3J)

Please go into the legal details.Cite the statute at least so I can study it.

Posted by: An Observation at April 24, 2019 10:12 AM (3nknU)

187 Anyway, prayers to all the horde, that they may be free of financial suffering.

Including please myself, Lord

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:12 AM (dm05u)

188
183 The second rule of investing is that stocks and bonds were designed to be sold.
Posted by: Puddin Head - CNN at April 24, 2019 10:03 AM (2LelM)

Unless you like the dividend yield.
-----------------
We need to talk about GE.

Posted by: Puddin Head - CNN at April 24, 2019 10:13 AM (2LelM)

189 Well, I have cleared out my old receiver in preparation for my new one coming today or tomorrow.

Posted by: Vic at April 24, 2019 10:13 AM (mpXpK)

190 Spike Jonze was a visionary.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:11 AM (ANN96)
----------

His "Weapon of Choice" video is a masterpiece.

Posted by: bluebell at April 24, 2019 10:13 AM (aXucN)

191 Who stops to read the paper while crossing a bridge? Yer holdin' up traffic, buddy.

Posted by: Guy Smiley at April 24, 2019 10:13 AM (+/7JY)

192 Here's another thing - make sure that if you get hitched it's to someone who is in line with living within your means and saving early. A spendthrift spouse can easily torpedo your financial security. AMHIK.
Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 10:09 AM (NWiLs)

Yes there are variables that screw up that plan.

Posted by: Can't resist temptation at April 24, 2019 10:13 AM (Srnuc)

193 I owe my investment knowledge to Bob Brinker who retired late Sept 2018. And of course, the great Jack Bogle.

They taught me how to invest my own portfolio and as a result, will save tens of thousands over my investment years.

*Educate yourself and manage your own funds.

Posted by: HA at April 24, 2019 10:14 AM (MAstk)

194 190 Spike Jonze was a visionary.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:11 AM (ANN96)
----------

His "Weapon of Choice" video is a masterpiece.
Posted by: bluebell at April 24, 2019 10:13 AM (aXucN)

==========

Really, simply hiring Christopher Walken takes you halfway there.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:14 AM (ANN96)

195 Good day for RBG to die. Again.

Posted by: Puddin Head - CNN at April 24, 2019 10:14 AM (2LelM)

196 Didn't Spike Jonez do the Weezer/Happy Days video? That was brilliant. Easily one of the best music vids ever.

Posted by: Guy Smiley at April 24, 2019 10:14 AM (+/7JY)

197 Want to change your child's life?

$100/month in a slightly aggressive Vanguard fund when they turn 18 that they don't touch for any (ANY) reason for 50 years.

.....

Do you have an annuity, but you need cash for opiates now?

Call me.

Posted by: J. G. Wentworth at April 24, 2019 10:14 AM (Qk8vt)

198 Investing - problem is ceos and boards looking to ravage rather than to grow, and worse yet, using companies as political arms at the expense of profit.

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:15 AM (dm05u)

199 Really, simply hiring Christopher Walken takes you halfway there.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:14 AM (ANN96)
---------

True. But how many other people would have had the vision to hire Christopher Walken for that?

Posted by: bluebell at April 24, 2019 10:15 AM (aXucN)

200 I hate the fucking caps lock key. They should move it to where the top row of keys are.
Posted by: Vic at April 24, 2019 10:11 AM (mpXpK)

There are lots of options to disable it, if you search.

I loved my old Sun keyboard on my SparcStation. It had the locations of the caps lock and ctrl keys swapped.

Posted by: hogmartin invites you to the summer MIMoMe (link: nick) at April 24, 2019 10:15 AM (IqOTP)

201 189 Well, I have cleared out my old receiver in preparation for my new one coming today or tomorrow.
Posted by: Vic at April 24, 2019 10:13 AM (mpXpK)

Blow up doll?

Posted by: monkey at April 24, 2019 10:15 AM (FTPVM)

202 Ashcan School.

http://www.visual-arts-cork.com/
history-of-art/ashcan-school.htm#eight

Posted by: grim grey industrial day. at April 24, 2019 10:15 AM (wNN8A)

203 Stocks are pretty resilient to inflation because they're ownership shares in a firm(and nominal profits increase with inflation).

Even in hyperinflation the real loss on the Venezuelan stock market was only 20% in one year, plenty of time to rotate out of a collapsing country.

Posted by: Someguy at April 24, 2019 10:15 AM (HUFx8)

204 199 Really, simply hiring Christopher Walken takes you halfway there.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:14 AM (ANN96)
---------

True. But how many other people would have had the vision to hire Christopher Walken for that?
Posted by: bluebell at April 24, 2019 10:15 AM (aXucN)

============

I'd hire Chris Walken, Harry Dean Stanton, or Peter Lorre (using my time machine) in anything I'd make, to be honest.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:16 AM (ANN96)

205 Gotham.

Posted by: Grump928(C) at April 24, 2019 10:16 AM (2yfcr)

206 Blow up doll?

Posted by: monkey at April 24, 2019 10:15 AM (FTPVM)


Foot fetish fleshlight.

Posted by: BCochran1981 at April 24, 2019 10:16 AM (9CkBG)

207
Even in hyperinflation the real loss on the Venezuelan stock market was only 20% in one year, plenty of time to rotate out of a collapsing country.
-----------------------
What currency are you trading Venezuela with? You could get crushed on currency exchange while doing okay in the stocks.

Posted by: Puddin Head - CNN at April 24, 2019 10:17 AM (2LelM)

208 183 The second rule of investing is that stocks and bonds were designed to be sold.
..

1. I would avoid individual stocks, unless it's a very small amount of your overall portfolio.

2. Was that "rule" made up by a money manager who nets a commission every time you sell?

Buy and hold long-term. It's far more fruitful and efficient.

I take what the market gives me I don't try to beat it.

Posted by: HA at April 24, 2019 10:17 AM (MAstk)

209 I see this hanging on Mrs. Luks's refrigerator, not in a gallery.

Posted by: red speck at April 24, 2019 10:17 AM (6Krd7)

210 200
I hate the fucking caps lock key. They should move it to where the top row of keys are.

Posted by: Vic at April 24, 2019 10:11 AM (mpXpK)



There are lots of options to disable it, if you search.



I loved my old Sun keyboard on my SparcStation. It had the locations of the caps lock and ctrl keys swapped.

Posted by: hogmartin invites you to the summer MIMoMe (link: nick) at April 24, 2019 10:15 AM (IqOTP)

I used to have a program that allowed you to change key assignments. But good luck finding one for Windows 10.

Posted by: Vic at April 24, 2019 10:17 AM (mpXpK)

211 that joe biden out rumor looks way premature.

Posted by: Tom Servo at April 24, 2019 10:17 AM (Kpl3J)

212 My retirement plan is to reverse mortgage my mom's house and sell my annuity for 50 cent on the dollar and use the money for sex change therapy.

Posted by: Average Middle Class Scion at April 24, 2019 10:17 AM (FTPVM)

213 I'd hire Chris Walken, Harry Dean Stanton, or Peter Lorre (using my time machine) in anything I'd make, to be honest.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:16 AM (ANN96)

You'd need a time machine for Harry Dean Stanton too.

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 10:18 AM (NWiLs)

214 Best Peter Lorre line evah - 'I like to stab people in the front so I get to see them die.'

Posted by: Puddin Head - CNN at April 24, 2019 10:18 AM (2LelM)

215 213 I'd hire Chris Walken, Harry Dean Stanton, or Peter Lorre (using my time machine) in anything I'd make, to be honest.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:16 AM (ANN96)

You'd need a time machine for Harry Dean Stanton too.
Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 10:18 AM (NWiLs)

==========

His skeleton elevates any material.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:18 AM (ANN96)

216 Just cancelled my long awaited trip to the Keys. A cousin/good friend passed away, far too quickly, and far too young.

Posted by: IrishEi at April 24, 2019 10:19 AM (NtglE)

217 Hopperish.

Posted by: Jim H at April 24, 2019 10:19 AM (Hb/ve)

218 203 Stocks are pretty resilient to inflation because they're ownership shares in a firm(and nominal profits increase with inflation).
..


Yep.

But again I would never recommend holding too many individual stocks.

Posted by: HA at April 24, 2019 10:19 AM (MAstk)

219 I suggest Lil' Brian Stelter's nickname be changed from "Butterball Powerbottom" to "Butterball Pillowbottom", because there is absolutely nothing powerful about that bloated weeble.

Posted by: SSBN 656 (G) at April 24, 2019 10:19 AM (jjaLl)

220 Yep. I'm well into middle age and have a relatively good life, but I've accepted that I'm often boring, very average, and am not going to change the world.

On the bright side, it frees up more time for fishing.
Posted by: Moron Robbie - Clemson's SOS makes the case for an expanded playoff at April 24, 2019 10:03 AM (bsfko)

I'm not quite middle age yet, but have discovered that boring is good. It means nothing new and interesting has gone wrong.

Posted by: Cato, Media Delenda Est at April 24, 2019 10:20 AM (J+mig)

221 216 Just cancelled my long awaited trip to the Keys. A cousin/good friend passed away, far too quickly, and far too young.
Posted by: IrishEi at April 24, 2019 10:19 AM (NtglE)

Damn. Sorry for your loss.

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 10:20 AM (NWiLs)

222 Just cancelled my long awaited trip to the Keys. A cousin/good friend passed away, far too quickly, and far too young.
Posted by: IrishEi at April 24, 2019 10:19 AM (NtglE)
---------

I'm so sorry to hear this, IrishEi. May your cousin rest in peace.

Posted by: bluebell at April 24, 2019 10:20 AM (aXucN)

223 People need to get off social media.

Otherwise they will wake up one day and want to do something in real life and realize they have no real friends to go do things with.

Social media robs you of all the real conversations you would ordinarily be having with people. People that you develop relationships with through your conversations. People that live near you and do the same things as you that you have real connections with.

It's a piss-poor substitute for our natural need for human companionship.

Posted by: Bitter Clinger at April 24, 2019 10:20 AM (Qk8vt)

224 Tom Servo please see post 186

Posted by: An Observation at April 24, 2019 10:20 AM (3nknU)

225 Yes individual stock purchases can be a roller coaster. I took a huge hit this past month on my main holding. Lucky it's just on paper right now.

Posted by: Can't resist temptation at April 24, 2019 10:21 AM (Srnuc)

226 I remember someone(s) selling Iraqi dinars back in the mid aughts....almost bought some.

Posted by: BignJames at April 24, 2019 10:21 AM (ykq7q)

227 His skeleton elevates any material.
Posted by: TheJamesMadison

I was dating a girl in the 80s who made me go see Pretty in Pink. His presence was the only thing that got me through it.

Posted by: Biergood at April 24, 2019 10:21 AM (uGKH7)

228
207
Even in hyperinflation the real loss on the Venezuelan stock market was only 20% in one year, plenty of time to rotate out of a collapsing country.
-----------------------
What currency are you trading Venezuela with? You could get crushed on currency exchange while doing okay in the stocks.

Posted by: Puddin Head - CNN at April 24, 2019 10:17 AM (2LelM)


The estimated loss was based on black market Venezuelan to usd exchange rates. Official exchange rates would misrepresent the Venezuelan stock market as one of the best investments ever.

Equity=ownership of productive assets and usually some leverage

So it is not surprising it demonstrates some resilience to hyperinflation, and is very resilient to regular inflation. A factory is still a factory as the currency is collapsing.

Posted by: Someguy at April 24, 2019 10:21 AM (HUFx8)

229 BTW I wouldn't recommend tying up $$ in a CD for 3% when you could get a money market acct thru Vanguard or Fidelity (Schwaab) for about 2.25% and retain access to your $$.

Posted by: HA at April 24, 2019 10:21 AM (MAstk)

230 223>>>

I was talking more about how I'm a failure because I'm in no position to have an investment portfolio. Not because other people post fancy pictures on social media.

Posted by: Hikaru at April 24, 2019 10:22 AM (0iCYP)

231 >>Just cancelled my long awaited trip to the Keys. A cousin/good friend passed away, far too quickly, and far too young.

Sorry to hear that.

Posted by: JackStraw at April 24, 2019 10:22 AM (/tuJf)

232 219 I suggest Lil' Brian Stelter's nickname be changed from "Butterball Powerbottom" to "Butterball Pillowbottom", because there is absolutely nothing powerful about that bloated weeble.
Posted by: SSBN 656 (G) at April 24, 2019 10:19 AM (jjaLl)

Wrong context. Think of "bottom" in terms of catcher rather than pitcher. A "powerbottom" is someone that would enjoy and seek out that role.

Posted by: Cato, Media Delenda Est at April 24, 2019 10:22 AM (J+mig)

233 227 His skeleton elevates any material.
Posted by: TheJamesMadison

I was dating a girl in the 80s who made me go see Pretty in Pink. His presence was the only thing that got me through it.
Posted by: Biergood at April 24, 2019 10:21 AM (uGKH7)

===========

He'll always be Brett from Alien to me.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:22 AM (ANN96)

234 Ashcan School.


a) That link needs stuff stripped out of it, bit.ly is your friend.

ii) Ashcan school is 1900-1915, which means I was right when I said this was considerably earlier than the Socialist Realism / WPA stuff. I like being right.

Posted by: Bandersnatch at April 24, 2019 10:22 AM (fuK7c)

235 216
Just cancelled my long awaited trip to the Keys. A cousin/good friend passed away, far too quickly, and far too young.

Posted by: IrishEi at April 24, 2019 10:19 AM (NtglE)\
Wifey and I went on a long awaited trip to the keys. BIG waste of time. Nothing there. Hell not even Hemingway's cats anymore. The beached are shit and the only night life is waling down to the pier and watching the sun set. Go to Daytona Beach, best beach in the US and plenty of nightlife.

Posted by: Vic at April 24, 2019 10:22 AM (mpXpK)

236 234 I like being right.
Posted by: Bandersnatch at April 24, 2019 10:22 AM (fuK7c)

===========

"Trust us, it's way overrated."
-The Left

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:23 AM (ANN96)

237 That painting certainly makes me want to get up in the morning.

Posted by: Caliban at April 24, 2019 10:23 AM (qEujL)

238 Hikaru at April 24, 2019 10:22 AM (0iCYP)

....

Wasn't directed at you, per se.

Just my thoughts in general on the topic. My apologies.

Posted by: Bitter Clinger at April 24, 2019 10:23 AM (Qk8vt)

239 208 183 The second rule of investing is that stocks and bonds were designed to be sold.
..

1. I would avoid individual stocks, unless it's a very small amount of your overall portfolio.

2. Was that "rule" made up by a money manager who nets a commission every time you sell?

Buy and hold long-term. It's far more fruitful and efficient.

I take what the market gives me I don't try to beat it.
------------------
Just the reverse.

Review where the market is. Determine who the leaders are. Buy the leaders and pay attention to obvious sell signals. Industries rotate in the cycle be aware of this and watch for signs of life or death. Figure you got 3 good years followed by at least two bad years. Understand what top and bottom formations look like and pay some attention to moving averages. The Big One - never buy the sizzle - sell it.

Posted by: Puddin Head - CNN at April 24, 2019 10:23 AM (2LelM)

240 He'll always be Brett from Alien to me.
Posted by: TheJamesMadison

God, that was a great movie. I still remember walking out of the theater after seeing it for the first, feeling gobsmacked.

Posted by: Biergood at April 24, 2019 10:23 AM (uGKH7)

241 1. I would avoid individual stocks, unless it's a very small amount of your overall portfolio.

--

If you do your research, individual stocks can be very lucrative, not buying and selling, but holding. I have a portion of after tax in stocks, yielding five percent and taxed at capital gains rates, unlike 401Ks. When I die, they step up in basis so CG on the appreciation will not be taxed at all unless some fools in DC change the law.

Posted by: Vashta Nerada at April 24, 2019 10:23 AM (YslsA)

242 disable caps lock

https://mywindowshub.com/enable-disable-caps-lock-key-windows-10/

Posted by: rhennigantx at April 24, 2019 10:23 AM (JFO2v)

243 People need to get off social media.

Otherwise they will wake up one day and want to do something in real life and realize they have no real friends to go do things with.


Have you seen the idiots in meatspace?

The older I get, the less in common I have with meat sacks.

Posted by: rickb223 at April 24, 2019 10:24 AM (Yzubb)

244 225 Yes individual stock purchases can be a roller coaster. I took a huge hit this past month on my main holding. Lucky it's just on paper right now.
....

Every stock or fund in the market could be a roller coaster.

The problem with individual stocks is you are tied into one company.

If there is a major scandal or technology advances make the company less relevant you're in big trouble.


That's why diversification is pushed.

Posted by: HA at April 24, 2019 10:24 AM (MAstk)

245 I remember my dad buy a shit ton of a penny stock of a start up pharmaceutical company that possibly was on the verge of a vaccine or cure for herpes. Barry Switzer was a part owner. The only thing he got out of it were stock certificates with Barry Switzer's signature.

Posted by: Can't resist temptation at April 24, 2019 10:25 AM (Srnuc)

246 People need to get off social media.

Otherwise they will wake up one day and want to do something in real life and realize they have no real friends to go do things with.

Social media robs you of all the real conversations you would ordinarily be having with people. People that you develop relationships with through your conversations




This here HQ comments section is social media. We come here to have interesting conversations with a bunch of pixels we become familiar with.

I find it a hoot that people use social media to tell people to get off social media.

Posted by: Bandersnatch at April 24, 2019 10:26 AM (fuK7c)

247 FIRST!!!!!

Posted by: Sponge at April 24, 2019 10:26 AM (IXZGh)

248 240 He'll always be Brett from Alien to me.
Posted by: TheJamesMadison

God, that was a great movie. I still remember walking out of the theater after seeing it for the first, feeling gobsmacked.
Posted by: Biergood at April 24, 2019 10:23 AM (uGKH7)

=============

It's kind of a perfect movie.

The use and build up of tension over the entire movie, ending with that cacophony of lights and sounds as Ripley tries to reverse the auto-destruct and Muthr is just a bitch, all while the xenomorph is crawling around...

I'm a Ridley Scott fanboi for a reason.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:26 AM (ANN96)

249 lollygaggers

Posted by: musical jolly chimp at April 24, 2019 10:27 AM (Pg+x7)

250 So it is not surprising it demonstrates some resilience to hyperinflation, and is very resilient to regular inflation. A factory is still a factory as the currency is collapsing.
---------------------------
Never try to catch a falling safe. Let it bounce a few times before getting under it. (I learned this the hard way). Minimize risk, don't magnify. Trading a foreign country's stocks is twice the risk because of currency risk and market risk. Then there is political risk.

Posted by: Puddin Head - CNN at April 24, 2019 10:27 AM (2LelM)

251 Just the reverse.
.....

We live in completely different investment worlds.

I'm with Bogle and Buffet and Brinker.

Most market timers do not do well in the long term.

Posted by: HA at April 24, 2019 10:27 AM (MAstk)

252 I just took some money -- big money for the way I spend, enough for a car -- out of long term retirement savings to buy a couple of houses in the neighborhood . I've been retired for 15 years, so I'm not planning on that money to just get by on. I enjoy my property more than I enjoy exotic travel.


Financial "strategies" are generally academic-level bullshit. In a real world, you will get opportunities at odd times, that run against theory, and some safe bets will go sour, too. This is what makes it Life, and, interesting. This should not be the best time to "acquire these properties," but this is when they were offered to me, at giveaway prices too.


I will probably demolish both these cottages, mainly because wife does not want me sending more money after less to improve them. I have no interest in flipping. Ideally I'd like to choose my neighbors, but that is not how the housing market works now, and one poor move can give you decades of regret. So, at least we will have some nice green space that could be farmed if comes to that, and, longer fields of fire. A copse here, little stand of woods over there, informal hedge line, foxhole.

I own some gold. I never sell any. There was a gold-price scare the other day, but it was so WSJ phony that it stunk to high heaven. There is almost never any fundamental information behind a fast gold grab.

Posted by: Your Brother-in-Law at April 24, 2019 10:28 AM (8ZmvG)

253 This here HQ comments section is social media.

Yep. It's the only social media I participate in. I don't even talk much, but I love this place.

Posted by: Biergood at April 24, 2019 10:28 AM (uGKH7)

254 Look at all the global warming created in that painting. It should be banned.

Posted by: Sponge at April 24, 2019 10:28 AM (IXZGh)

255 ... not you, the guys in the painting. loafers & lollygaggers.

Posted by: musical jolly chimp at April 24, 2019 10:28 AM (Pg+x7)

256 Trying not to be a pest but I mentioned it on the ONT and now here in case anyone missed it. New items in my shop and free shipping until May 6. Any custom orders.. I need now as I will be out of town next weekend. Thanks ya'll! Link in my nic.

Posted by: Jewells45 at April 24, 2019 10:28 AM (kG5hP)

257 Buy low, sell high.

*touches nose*

Posted by: Grump928(C) knows the secret at April 24, 2019 10:28 AM (2yfcr)

258 Never try to catch a falling safe. Let it bounce a few times before getting under it. (I learned this the hard way). Minimize risk, don't magnify. Trading a foreign country's stocks is twice the risk because of currency risk and market risk. Then there is political risk.

Posted by: Puddin Head - CNN at April 24, 2019 10:27 AM (2LelM)

The point was that in hyperinflation stocks don't lose too much value. I stated it was about a 20% real loss for investors in Venezuela. Bond holders will be wiped out though.

Posted by: Someguy at April 24, 2019 10:29 AM (HUFx8)

259 Never try to catch a falling safe. Let it bounce a few times before getting under it.

..

That's market timing.

You never know where the bottom is. Just dollar cost average your investments and forget it.


You'll likely do well in the long-term.

Posted by: HA at April 24, 2019 10:29 AM (MAstk)

260 anyway, if I'm lucky I'll die before retirement age anyway

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:29 AM (dm05u)

261 I remember my dad buy a shit ton of a penny stock of a start up pharmaceutical company that possibly was on the verge of a vaccine or cure for herpes. Barry Switzer was a part owner. The only thing he got out of it were stock certificates with Barry Switzer's signature.
Posted by: Can't resist temptation


My one and only foray into the individual stocks of the market was 100 shares of The Big Red Bird With The Brass Ass. Yeah. Braniff.

Right after they hit bottom. Was hoping to be in on the ground floor when they rebuilt.

Only they didn't.

Posted by: rickb223 at April 24, 2019 10:29 AM (Yzubb)

262 Buy low, sell high.

*touches nose*
Posted by: Grump928(C) knows the secret at April 24, 2019 10:28 AM (2yfcr)


Where's Beeks!!!????

Posted by: It was the Dukes! at April 24, 2019 10:30 AM (IXZGh)

263 All of my investments were tied up in utility stocks and Sonoco Products. I got about a 5% rate of return on dividends. I sound utility like Duke Power will not vary much over time but will slowly increase in value. I am currently living off of the dividend checks.

Posted by: Vic at April 24, 2019 10:30 AM (mpXpK)

264 >>Buy low, sell high.

>>*touches nose*

Blue Horseshoe loves Anacott Steel.

Also, plastics.

Posted by: JackStraw at April 24, 2019 10:31 AM (/tuJf)

265 My one and only foray into the individual stocks of the market was 100 shares of The Big Red Bird With The Brass Ass. Yeah. Braniff.

Right after they hit bottom. Was hoping to be in on the ground floor when they rebuilt.

Only they didn't.



I still have an unopened deck of Braniff playing cards.

It's gonna be worth a fortune one day!

Posted by: Grump928(C) knows the secret at April 24, 2019 10:31 AM (2yfcr)

266 261
My one and only foray into the individual stocks of the market was 100 shares of The Big Red Bird With The Brass Ass. Yeah. Braniff.

Right after they hit bottom. Was hoping to be in on the ground floor when they rebuilt.

Only they didn't.
Posted by: rickb223 at April 24, 2019 10:29 AM (Yzubb)

============

About 12 years ago I had a few thousand dollars and a choice.

I could invest in Netflix or Sony.

I chose Sony because I figured that the licensing from the HD format war where blu-ray won over Toshiba's solution would mean a windfall.

Netflix was trading at about $20 back then.

I chose...poorly.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:31 AM (ANN96)

267 also, even experts get scammed all the time - like all those investors in that revolutionary blood testing company that turned out to be fake tech?

Posted by: vmom Superior Order of Ninjas at April 24, 2019 10:31 AM (dm05u)

268 I remember someone(s) selling Iraqi dinars back in the mid aughts....almost bought some.

Pretty sure that was whoever married web hubbell's daughter.

Posted by: Roland THTG at April 24, 2019 10:31 AM (88+cf)

269 257 Buy low, sell high.
...


Ha. Such an easy and popular concept or approach.

Yet, so many do the opposite. They buy when the market is at an all-time high and sell in a panic when there is a correction.

Posted by: HA at April 24, 2019 10:31 AM (MAstk)

270 I find it a hoot that people use social media to tell people to get off social media.

Posted by: Bandersnatch at April 24, 2019 10:26 AM (fuK7c)

....

Fair point.

AoS is definitely a dopamine feedback loop in many ways.

I suppose I should heed my own advice and f*ck right off. I believe I shall!

Posted by: Bitter Clinger at April 24, 2019 10:31 AM (Qk8vt)

271 would never recommend holding too many individual stocks.
Posted by: HA at April 24, 2019 10:19 AM

SPX Dynamic Iron Condors.

Posted by: grim grey industrial day. at April 24, 2019 10:31 AM (wNN8A)

272 254 "look at all the global warming in the painting..."

yeah, the smokestacks and horse farts.

there were a lot of horses back in the day. the city must have stunk.

Posted by: musical jolly chimp at April 24, 2019 10:31 AM (Pg+x7)

273 251 Just the reverse.
.....

We live in completely different investment worlds.

I'm with Bogle and Buffet and Brinker.

Most market timers do not do well in the long term.
--------------------
Selling Funds is like selling Insurance. You the customer are always at risk. The salesman is never at risk. Funds are marketed to you to fit your risk level. If you want, take the Fund you like most and determine which couple of stocks are doing all the lifting and focus on them. That is what the fund manager is doing. The other stocks are largely placeholders.

Posted by: Puddin Head - CNN at April 24, 2019 10:31 AM (2LelM)

274 True. But how many other people would have had the vision to hire Christopher Walken for that?
Posted by: bluebell at April 24, 2019 10:15 AM


I can think of at least two groups:

1) Those who need more cowbell.

2) Those who want to smuggle a watch through Customs.

Posted by: Duncanthrax at April 24, 2019 10:32 AM (SI3DS)

275 Down south in VEN
Rodriguez said the government was close to permanently stabilizing electricity service.

happened right before 3 week blackout!

Posted by: rhennigantx at April 24, 2019 10:32 AM (JFO2v)

276 Never try to catch a falling safe.

I will chuckle over that one all day. Before he was drafted, my dad worked for the Meilink Steel Safe Company.


Even though they held the contract, before the war, for the captain's-quarters big safes for Navy cruisers, once production planning took over, the government converted the company to production of cooking stoves.

Posted by: Your Brother-in-Law at April 24, 2019 10:32 AM (8ZmvG)

277
My one and only foray into the individual stocks of the market was 100 shares of The Big Red Bird With The Brass Ass. Yeah. Braniff.

Right after they hit bottom. Was hoping to be in on the ground floor when they rebuilt.

Only they didn't.

Posted by: rickb223 at April 24, 2019 10:29 AM (Yzubb)

A diversified portfolio of such investments might yield 10 to 15%, with most of the firms failing and a few hitting it big. This isn't for everyone though and I certainly wouldn't recommend it to your average investor.

Posted by: Someguy at April 24, 2019 10:32 AM (HUFx8)

278 I don't know about you, but I'd go long on Zepplin's.

Posted by: Hitler at April 24, 2019 10:33 AM (IXZGh)

279 The only thing he got out of it were stock certificates with Barry Switzer's signature.
Posted by: Can't resist temptation at April 24, 2019 10:25 AM (Srnuc)
~~~~~

I tried that about 20 years ago with nanotechnology and a similar result. My financial fu is minimal so like Mr. Straw, I'm happy to pay people to make money for me.

Thanks to everyone for the condolences. This was one of the (many) cousins I grew up with, as we all lived within a block or two of each other, sometimes in the same apartment building.

Posted by: IrishEi at April 24, 2019 10:33 AM (NtglE)

280 IT'S FUNNY BECAUSE AS SOON AS I HIT THE CAPSLOCK, I BECAME THIS FUCKING IDIOT.

Posted by: BEN ROETHLEESBARGER at April 24, 2019 10:33 AM (FTPVM)

281 Peter Lorre in "Arsensic and Old Lace" was hilarious. Well, that whole movie is hilarious.

Posted by: dantesed at April 24, 2019 10:33 AM (88xKn)

282 Irish-

Where were you going in the Keys?

Posted by: JackStraw at April 24, 2019 10:34 AM (/tuJf)

283 Hikaru, if nothing else, scrape together a good $20 each paycheck and go buy 4 pre-64 quarters at melt value (if possible) or an ounce of silver.

You have lots of investments really soon, and if you want you can sell it back and buy stock.

I also suggest getting a thousand in 50s and securing it some way that requires a pry bar to get it back out, and have that for the transmission job or the surprise dental surgery so you don't have to dip into your investments or rack up the credit card.

Posted by: Kindltot at April 24, 2019 10:34 AM (TN7xY)

284 Well, my broker is E. F. Hutton......and E. F. Hutton says...........

Posted by: Sponge at April 24, 2019 10:35 AM (IXZGh)

285 yeah, the smokestacks and horse farts.

there were a lot of horses back in the day. the city must have stunk.
Posted by: musical jolly chimp at April 24, 2019 10:31 AM (Pg+x7)

Here. Hold my Chardonnay.--Nancy Pelnazi's district.

Posted by: Anonymous White Male at April 24, 2019 10:35 AM (3sjI6)

286 I find it a hoot that people use social media to tell people to get off social media.

Posted by: Bandersnatch at April 24, 2019 10:26 AM (fuK7c)


Always this.

Posted by: BCochran1981 at April 24, 2019 10:35 AM (9CkBG)

287 Peter Lorre in "Arsensic and Old Lace" was hilarious. Well, that whole movie is hilarious.
Posted by: dantesed

I agree. I love that movie. Lorre is perfect and hilarious the way he handles things.

Posted by: Biergood at April 24, 2019 10:35 AM (uGKH7)

288 Peter Lorre in "Arsensic and Old Lace" was hilarious. Well, that whole movie is hilarious.
Posted by: dantesed at April 24, 2019 10:33 AM (88xKn)


I played the dead body in that in High School.

Posted by: Sponge at April 24, 2019 10:35 AM (IXZGh)

289 I also bought 20 shares of the Boston Celtics when they went public. They eventually converted all the shares to a bond but I still have the stock certificate which is worth more as sports memorabilia than the stock was.

Posted by: Can't resist temptation at April 24, 2019 10:35 AM (Srnuc)

290 288 Peter Lorre in "Arsensic and Old Lace" was hilarious. Well, that whole movie is hilarious.
Posted by: dantesed at April 24, 2019 10:33 AM (88xKn)

I played the dead body in that in High School.
Posted by: Sponge at April 24, 2019 10:35 AM (IXZGh)

===========

https://www.youtube.com/watch?v=ijZsbTbzPWY

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:36 AM (ANN96)

291 "Arsensic and Old Lace" was hilarious. Well, that whole movie is hilarious.
Posted by: dantesed

--

Watch it around Halloween every year.

Posted by: Vashta Nerada at April 24, 2019 10:36 AM (YslsA)

292 without going into a lot of technical legal details, there's a huge exemption that covers all public officials unless they act "unreasonably". Basically that provision is a dead letter, as far as govm't officials are concerned.

Posted by: Tom Servo at April 23, 2019 01:11 PM (Kpl3J)
Please go into the legal details.Cite the statute at least so I can study it."

That was from yesterday! The Legal Doctrine, as set forth by the Supreme Court in Harlow vs Fitzgerald (1982) is known as "Qualified Immunity". The Rule is:

"Government Officials performing discretionary functions generally are shielded from liability for civil damages insofar as their conduct does not violate clearly established statutory or constitutional rights of which a reasonable person would have known."

This is a pretty broad exemption - if any Judge can say that a hypothetical "Reasonable Person" would have thought that the action in question was allowed, then the official in question has blanket immunity. And while the definition above refers to civil violations, a criminal complaint would be even harder. To make that stick, one would have to Prove *beyond any reasonable doubt* that the Official involved first, KNEW that the action he was taking was clearly illegal, and also that he deliberately intended to violate that law. Almost impossible to prove, and no prosecutor would take that case.

also, applying only to Congressmen, they have automatic blanket immunity for anything they say or do while they're carrying out House or Senate business.

To put it another, blunter way - they don't have to play by the same rules we do. They just don't.

Posted by: Tom Servo at April 24, 2019 10:36 AM (Kpl3J)

293

This here HQ comments section is social media.



Yep. It's the only social media I participate in. I don't even talk much, but I love this place.


Same here. We have time to explore subjects in a depth that socialist media doesn't really allow for because of their character limits.

Meeting Morons is meatspace is a lot of fun. I got to meet Insomniac and Jim SND Texas live and in living, loving color. Great guys, both. Typical Morons. There's no other comments section like this one that I've found.

Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 10:37 AM (HaL55)

294 FTSB - The Final Drift-Compatible Podcast



Oh noes!

Posted by: Grump928(C) at April 24, 2019 10:37 AM (2yfcr)

295 Hikaru, if nothing else, scrape together a good $20 each paycheck and go buy 4 pre-64 quarters at melt value (if possible) or an ounce of silver.


Now's the time to buy silver. $15.02/ounce
Of course, I was buying at $16 & $17 during Barky's Reign of Error.

Posted by: rickb223 at April 24, 2019 10:38 AM (Yzubb)

296 Wifey and I went on a long awaited trip to the keys. BIG waste of time. Nothing there. Hell not even Hemingway's cats anymore. The beached are shit and the only night life is waling down to the pier and watching the sun set. Go to Daytona Beach, best beach in the US and plenty of nightlife.
Posted by: Vic at April 24, 2019 10:22 AM (mpXpK)
-----------
It has improved since they built the highway.

Posted by: BunkerInTheBurbs, still needs a new Nic! at April 24, 2019 10:38 AM (KveBw)

297 The stock market is based on bull$hit. Top to bottom.
Listen to the news about the dow every day. One day, stocks will tank on fears of a china trade agreement not being done. The next day they are to the moon because people pre ordered more iphones or something.

Ask yourself: What happened to the trade agreement fears yesterday? That didn't go away in 24 hours.

Tomorrow the dow will lose a billion points because China and Taiwan talk about going to war again. Then it will skyrocket the next day because Walmart says they are positive they're going to make a billion dollars this quarter ....or something.

Every day millions are gained or lost on knee jerk reactions to imaginary whims that may or may not happen.
It's all bull$hit.

Posted by: Agent Cooper at April 24, 2019 10:38 AM (O4obU)

298 That is what the fund manager is doing. The other stocks are largely placeholders.

....

I understand what they are doing.

I also understand they charge exorbitant fees/expenses for their services.

Also, long-term index funds beat nearly 90% of money managers.

It's far more efficient and cost effective.

Posted by: HA at April 24, 2019 10:38 AM (MAstk)

299 283 I also suggest getting a thousand in 50s and securing it some way that requires a pry bar to get it back out, and have that for the transmission job or the surprise dental surgery so you don't have to dip into your investments or rack up the credit card.
Posted by: Kindltot at April 24, 2019 10:34 AM (TN7xY)

I actually don't have a credit card.

Trying to get through my life without ever having one.

Posted by: Hikaru at April 24, 2019 10:38 AM (UnA8+)

300 This here HQ comments section is social media.



Yep. It's the only social media I participate in. I don't even talk much, but I love this place.

Same here. We have time to explore subjects in a depth that socialist media doesn't really allow for because of their character limits.

Meeting Morons is meatspace is a lot of fun. I got to meet Insomniac and Jim SND Texas live and in living, loving color. Great guys, both. Typical Morons. There's no other comments section like this one that I've found.
Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 10:37 AM (HaL55)

******

And nobody else has a barrel.

Posted by: Diogenes at April 24, 2019 10:39 AM (0tfLf)

301 So Cher criticized Bernie for wanting to let child molesters and terrorists vote but then the SS thugs got to her.

HEARTBREAK: Cher apologizes after slamming Bernie Sanders, says she'd 'Rather Be DEAD Than RED' (As in a Republican)

Posted by: Anonosaurus Wrecks, Tyrannosaur Wrangler at April 24, 2019 10:39 AM (+y/Ru)

302 Every day millions are gained or lost on knee jerk reactions to imaginary whims that may or may not happen.
It's all bull$hit.



It doesn't mean the money I'm making isn't real though.

Posted by: Grump928(C) at April 24, 2019 10:39 AM (2yfcr)

303 301 So Cher criticized Bernie for wanting to let child molesters and terrorists vote but then the SS thugs got to her.

HEARTBREAK: Cher apologizes after slamming Bernie Sanders, says she'd 'Rather Be DEAD Than RED' (As in a Republican)
Posted by: Anonosaurus Wrecks, Tyrannosaur Wrangler at April 24, 2019 10:39 AM (+y/Ru)

===========

Democrats are going to be really surprised with they find out that their Twitter mob has virtually no power outside of Twitter.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:40 AM (ANN96)

304 There's no other comments section like this one that I've found.
Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 10:37 AM (HaL55)
---------

We HAVE to be the only ones with a cookbook.

Posted by: bluebell at April 24, 2019 10:40 AM (aXucN)

305 I've been thinking about the Dem candidate Klown Kar situation, after getting up late and reading JJ's Morning Report.

The Dems are in disarray for POTUS in '20 because Hillary! was supposed to win in '16, and provide an 8-year period to groom a successor. The Dems and the Clinton Cabal would have been able to leisurely test-out pliable candidates, and find one with a poll-topping combo of skin color/gender/ethnicity/prior public policy statements, to lock-in 8 more years of Dem White House rule.

Sanders, Biden, O'Rourke, Buttplug, Klobuchar, Gillibrand, Warren, and several others would have never been considered as possibilities. Hill's initial VP, Kaine, is a cypher who would have been discarded sooner or later, and would never have been allowed to run in '24. (Why isn't HE running for POTUS??? This says a lot about his future if Hillary had won.)



Posted by: Gref at April 24, 2019 10:40 AM (AMIL/)

306 290 288 Peter Lorre in "Arsensic and Old Lace" was hilarious. Well, that whole movie is hilarious.
Posted by: dantesed at April 24, 2019 10:33 AM (88xKn)

I played the dead body in that in High School.
Posted by: Sponge at April 24, 2019 10:35 AM (IXZGh)

In the Cary Grant version, they have a running joke about how the Evil Brother looks like Boris Karloff. The inside joke was that in the original Broadway production of that play, the part WAS played by Boris Karloff.

Posted by: Tom Servo at April 24, 2019 10:41 AM (Kpl3J)

307 305 The Dems are in disarray for POTUS in '20 because Hillary! was supposed to win in '16, and provide an 8-year period to groom a successor. The Dems and the Clinton Cabal would have been able to leisurely test-out pliable candidates, and find one with a poll-topping combo of skin color/gender/ethnicity/prior public policy statements, to lock-in 8 more years of Dem White House rule.

Sanders, Biden, O'Rourke, Buttplug, Klobuchar, Gillibrand, Warren, and several others would have never been considered as possibilities. Hill's initial VP, Kaine, is a cypher who would have been discarded sooner or later, and would never have been allowed to run in '24. (Why isn't HE running for POTUS??? This says a lot about his future if Hillary had won.)



Posted by: Gref at April 24, 2019 10:40 AM (AMIL/)

============

Retort:

They had 8 years under Obama to do just that.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:41 AM (ANN96)

308
I actually don't have a credit card.

Trying to get through my life without ever having one.

Posted by: Hikaru at April 24, 2019 10:38 AM (UnA8+)

A decent credit card is like a discount card. Plus it builds credit score. Pay it off every month, no interest.

Posted by: Someguy at April 24, 2019 10:41 AM (HUFx8)

309 todays WTF

https://www.campusreform.org/?ID=12142

Posted by: rhennigantx at April 24, 2019 10:41 AM (JFO2v)

310 305 I've been thinking about the Dem candidate Klown Kar situation, after getting up late and reading JJ's Morning Report.

The Dems are in disarray for POTUS in '20 because Hillary! was supposed to win in '16, and provide an 8-year period to groom a successor. The Dems and the Clinton Cabal would have been able to leisurely test-out pliable candidates, and find one with a poll-topping combo of skin color/gender/ethnicity/prior public policy statements, to lock-in 8 more years of Dem White House rule.

Sanders, Biden, O'Rourke, Buttplug, Klobuchar, Gillibrand, Warren, and several others would have never been considered as possibilities. Hill's initial VP, Kaine, is a cypher who would have been discarded sooner or later, and would never have been allowed to run in '24. (Why isn't HE running for POTUS??? This says a lot about his future if Hillary had won.)



Posted by: Gref at April 24, 2019 10:40 AM (AMIL/)

If nobody gains traction, maybe they'll play the old "We DARE you to take us to court over her being too young!" AOC card.

Posted by: Hikaru at April 24, 2019 10:41 AM (UnA8+)

311 The first thing to understand about the stock market is that there is NO money in the market. All of the money is in somebody's pocket, either yours or the pocket of whoever you gave your money to when you bought their stock. The paper value of a stock is what you would get if you sold your stock right now.
Unless you are buying stocks to live on the dividends the stock returns, you are not 'investing' when you buy stocks. You are speculating that when you sell the stock it will bring you more than when you bought it.

Posted by: An Observation at April 24, 2019 10:42 AM (3nknU)

312 Hill's initial VP, Kaine, is a cypher who would have been discarded sooner or later, and would never have been allowed to run in '24. (Why isn't HE running for POTUS???

Posted by: Gref at April 24, 2019 10:40 AM (AMIL/)
----------

He's an erstwhile governor of my fair state. There are probably pictures of him in blackface and/or a Klan robe somewhere.

Posted by: bluebell at April 24, 2019 10:42 AM (aXucN)

313 310 If nobody gains traction, maybe they'll play the old "We DARE you to take us to court over her being too young!" AOC card.
Posted by: Hikaru at April 24, 2019 10:41 AM (UnA8+)

==========

They would never do that.

They know she plays terribly outside of her district (and not that great in her own district). They're not going to attempt to undermine a clear constitutional condition just to throw up a sacrificial lamb.

They have Bernie for that.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:42 AM (ANN96)

314 It doesn't mean the money I'm making isn't real though.
..


No way dude.

Put that money under your mattress and let inflation handle it.

Posted by: HA at April 24, 2019 10:42 AM (MAstk)

315 It doesn't mean the money I'm making isn't real though.
Posted by: Grump928(C) at April 24, 2019 10:39 AM (2yfcr)

Fiat money by definition isn't real. If people lose their faith in it, it's worthless.

Posted by: Cato, Media Delenda Est at April 24, 2019 10:43 AM (J+mig)

316 >>It doesn't mean the money I'm making isn't real though.

I was working in the tech industry both pre and post ,com meltdown. The amount of real money made on whims and bullshit was astonishing.

Posted by: JackStraw at April 24, 2019 10:43 AM (/tuJf)

317 I actually don't have a credit card.

Trying to get through my life without ever having one.



Credit cards are great. I have one that pays 1.5% back. I run everything through it that I can. Utilities, groceries, travel expenses, phone, restaurants, everything.

The discipline required is to pay it in full every month. I have not paid a finance charge in almost 20 years.

Posted by: Grump928(C) at April 24, 2019 10:43 AM (2yfcr)

318
Meeting Morons is meatspace is a lot of fun. I got to meet Insomniac and Jim SND Texas live and in living, loving color. Great guys, both. Typical Morons. There's no other comments section like this one that I've found.

I'm a relative newbie. 2016. I was following the race closely and one of Ace's rants was linked. I loved his rant, then I checked the comments. It was a Saturday morning so my wife and I were on the couch watching TV, checking sites. I read the comments, laughing my ass off, finally turned to my wife and said, "I've found my new favorige site. THESE ARE MY PEOPLE!"

Posted by: Biergood at April 24, 2019 10:43 AM (uGKH7)

319 >>> Where were you going in the Keys?

~~~~~

Islamorada, Marathon and Key West. Two days in each, with fishing days in Islamorada and Marathon. They're flying into Miami Friday and driving from there (visiting someone on the way.)

Posted by: IrishEi at April 24, 2019 10:43 AM (NtglE)

320 Also, long-term index funds beat nearly 90% of money managers.

It's far more efficient and cost effective.

Posted by: HA at April 24, 2019 10:38 AM (MAstk)

I've had a Vanguard 401k for 30+ years...mostly mutual funds...It's averaged 8%...and been pretty painless making contributions.

Posted by: BignJames at April 24, 2019 10:43 AM (ykq7q)

321 I played the dead body in that in High School.
Posted by: Sponge at April 24, 2019 10:35 AM (IXZGh)
----------

The auditions must have been . . . interesting.

Posted by: bluebell at April 24, 2019 10:43 AM (aXucN)

322 Fiat money by definition isn't real. If people lose their faith in it, it's worthless.


If that happens, none of it matters anyway so complaining about the market is mooted.

Posted by: Grump928(C) at April 24, 2019 10:44 AM (2yfcr)

323 Real value is in good guitars and firm feeling women.

Posted by: Puddin Head - CNN at April 24, 2019 10:44 AM (2LelM)

324 We HAVE to be the only ones with a cookbook.
Posted by: bluebell at April 24, 2019 10:40 AM


Which, according to unnamed sources, will soon be cookbooks.

Posted by: MSM at April 24, 2019 10:44 AM (SI3DS)

325 I use a credit card for everything and pay it off every month. I get a nice regional vacation out of it every year.

Posted by: Balrog of Morgoth at April 24, 2019 10:44 AM (FTPVM)

326 My financial escape plan includes gold and a U-boat to Argentina.

Posted by: Puddin Head - CNN at April 24, 2019 10:44 AM (2LelM)

327 325 I use a credit card for everything and pay it off every month. I get a nice regional vacation out of it every year.
Posted by: Balrog of Morgoth at April 24, 2019 10:44 AM (FTPVM)

==========

Dolley and I are going to pay for our plane tickets and hotel (for three) to England in 2020 with the points we've been accumulating through our credit cards over the last few years.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:45 AM (ANN96)

328 Posted by: BignJames at April 24, 2019 10:43 AM (ykq7q)

Applaud yourself.

Very wise.

Posted by: HA at April 24, 2019 10:45 AM (MAstk)

329 Since we seem to be on a "soullessness" kick around here, I give you Morons "La Grande Odalisque," by Jean Auguste Dominique Ingres:

https://tinyurl.com/y4fvnguq

Posted by: Yudhishthira's Dice at April 24, 2019 10:45 AM (5aX2M)

330 Meeting Morons is meatspace is a lot of fun. I got to meet Insomniac and Jim SND Texas live and in living, loving color. Great guys, both. Typical Morons. There's no other comments section like this one that I've found.
Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 10:37 AM (HaL55)

It was great fun. Jim and BackwardsBoy are solid Morons and just plain good dudes.

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 10:45 AM (NWiLs)

331 Holy shit. When did the Daily Caller start paywalling? Have they ever read their own writing? David Hookstead barely writes at a sixth grade level, and they think people will pay for it? Everyone in that office needs a drug-test, stat!

Posted by: Rusty Nail at April 24, 2019 10:45 AM (arFzD)

332 https://www.youtube.com/watch?v=ijZsbTbzPWY
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:36 AM (ANN96)


I was better than that.

Posted by: Sponge at April 24, 2019 10:45 AM (IXZGh)

333
I was working in the tech industry both pre and post ,com meltdown. The amount of real money made on whims and bullshit was astonishing.

Posted by: JackStraw at April 24, 2019 10:43 AM (/tuJf)

The money isn't made or lost until you sell. Until then, it's partial ownership of the firm. And tech company valuations are frequently based on future prospects.

By contrast an established utility company is pretty straightforward, you've got a pretty good idea of what they'll earn.

Posted by: Someguy at April 24, 2019 10:45 AM (HUFx8)

334 Truly astonishing.

Posted by: Balrog of Morgoth at April 24, 2019 10:46 AM (FTPVM)

335 > Plus it builds credit score.

That's for sure. Just having a handful of 10-year-old cards that you rarely use is a big bump to your score.

Posted by: Geronimo Stilton at April 24, 2019 10:46 AM (sGnvY)

336 332 https://www.youtube.com/watch?v=ijZsbTbzPWY
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:36 AM (ANN96)

I was better than that.
Posted by: Sponge at April 24, 2019 10:45 AM (IXZGh)

==========

Bender made me cry.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:46 AM (ANN96)

337 I just realized, we are not pushing the far left far enough:

We need to get the question out there about arresting CEO's for economic sabotage (like their hero in Venezuela)

We need to ask them why they aren't proposing arresting health care CEOs for driving up the cost of health care
Drug company CEOs for the cost of drugs

Frame it as, if you're saying we need to change the laws, it's only because they were cheating the perfectly written Obamacare-- they should be arrested for that!

Yes, the idiot supporters will cheer
But all the other corporate stooges will all get the real message: you're next

They want to keep their little circle jerk with their buddies at the Chamber?
Cool.
Well, we're going to stand back and let the socialist toss your ass in jail

Posted by: RoyalOil, Vicroy Canadian Territories at April 24, 2019 10:46 AM (bs4Dv)

338 305
I've been thinking about the Dem candidate Klown Kar situation, after getting up late and reading JJ's Morning Report.



The party has been pulled too far left. That's the problem. In order to win the primary as a dem, you must go full goose insane commie progressive. Which will never play in the general. Whoever wins will never be able to walk back from that far left to get middle of the road voters back.

And nobody is insane commie progressive ENOUGH for the far left whackos that control the party now.
Another problem: The DNC will annoint and nominate who they want regardless of votes. So all the fierce young new commie lefties will vote for whatever candidate is farthest whacko left, and then be cheated when the DNC just nominates their candidate with some superdelegate votes and back room coin flips. (See 2016) Which will piss off the far left (which is more than half the dem party now), who will then walk away from the general election in disgust.

Posted by: Agent Cooper at April 24, 2019 10:46 AM (O4obU)

339 This here HQ comments section is social media.

-
I'm pretty sure we're anti-social media.

Posted by: Anonosaurus Wrecks, Tyrannosaur Wrangler at April 24, 2019 10:46 AM (+y/Ru)

340
320 Also, long-term index funds beat nearly 90% of money managers.

It's far more efficient and cost effective.

Posted by: HA at April 24, 2019 10:38 AM (MAstk)

I've had a Vanguard 401k for 30+ years...mostly mutual funds...It's averaged 8%...and been pretty painless making contributions.
-------------------
I agree index funds are the only ones worth looking at. Why pay a premium for a fund manager that can't deliver? Use them as parking lots.

Posted by: Puddin Head - CNN at April 24, 2019 10:46 AM (2LelM)

341 316 >>It doesn't mean the money I'm making isn't real though.

I was working in the tech industry both pre and post ,com meltdown. The amount of real money made on whims and bullshit was astonishing.
Posted by: JackStraw at April 24, 2019 10:43 AM (/tuJf)

Truly thou sayest.

Posted by: Balrog of Morgoth at April 24, 2019 10:46 AM (FTPVM)

342 You know, if anybody wants to make some guaranteed money, and has a trustworthy person that lives overseas, there may be some game show related prop bets that relate to already taped episodes and, well, lots of little birdies out there is all I'm saying.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 10:47 AM (oZ6kz)

343 >>Islamorada, Marathon and Key West. Two days in each, with fishing days in Islamorada and Marathon. They're flying into Miami Friday and driving from there (visiting someone on the way.)

I hope you get to reschedule. I was just down in Marathon, Little Torch and Islamorada fishing a couple weeks ago and it was great.

The mangroves took a beating in the hurricane and are pretty barren down around Big Pine. It will be years before they come back but the fish have returned in a big way.

Posted by: JackStraw at April 24, 2019 10:47 AM (/tuJf)

344 I actually don't have a credit card.



Trying to get through my life without ever having one.
Posted by: Hikaru at April 24, 2019 10:38 AM (UnA8+)


Well, I have nothing left to teach you.

However, like me, when you try to finance a house you will probably need to expect to put 20% down.

Posted by: Kindltot at April 24, 2019 10:47 AM (TN7xY)

345 Real value is in good guitars rifles and firm feeling women.

*fistbump*

Firearms are a good investment. I've never lost money on a gun.

Posted by: Grump928(C) at April 24, 2019 10:47 AM (2yfcr)

346 309 todays WTF

https://www.campusreform.org/?ID=12142

Posted by: rhennigantx at April 24, 2019 10:41 AM (JFO2v)

Well she does look like the kind of person you'd expect to see at a place named "St. Olaf".

Posted by: Tom Servo at April 24, 2019 10:47 AM (Kpl3J)

347 for hollyweirdos, twitter does have power
the number of followers can impact if they get cast or blacklisted

Posted by: vmom, anti-vahzist at April 24, 2019 10:47 AM (dm05u)

348
Heh, we have Teh Barrel and a cookbook. And a lot of people who have solid experience in very diverse subjects. Like finance, f'rintsance.

Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 10:47 AM (HaL55)

349 Kind of like this one. Sort of reminds me of Vancouver in the '50's.

Posted by: Alberta Oil Peon at April 24, 2019 10:48 AM (TfwlC)

350 Dolley and I are going to pay for our plane tickets and hotel (for three) to England in 2020 with the points we've been accumulating through our credit cards over the last few years.

Looking to travel to Ireland in 2020, with a little help from Groupon. We have an account set up just for travel. It paid for Alaska in 2017.

Posted by: Victor Tango Kilo at April 24, 2019 10:48 AM (O7MnT)

351 aos is social media? Is ace selling my fake name information?

Posted by: Can't resist temptation at April 24, 2019 10:49 AM (Srnuc)

352 And tech company valuations are frequently based on future prospects.


Good god, I've been trying to stay out of this. The value of anything financial (i.e. not works of art of puppies) is the discounted value of future earnings.

Stocks, bonds, tech, utilities, everything is worth the expectations mitigated by the risk. The price of anything is the consensus of both.

Posted by: Bandersnatch at April 24, 2019 10:49 AM (fuK7c)

353 331
Holy shit. When did the Daily Caller start paywalling? Have they ever
read their own writing? David Hookstead barely writes at a sixth grade
level, and they think people will pay for it? Everyone in that office
needs a drug-test, stat!

Posted by: Rusty Nail at April 24, 2019 10:45 AM (arFzD)


I go there every day, and as of this morning there was no pay wall.

Posted by: Vic at April 24, 2019 10:49 AM (mpXpK)

354 By contrast an established utility company is pretty straightforward, you've got a pretty good idea of what they'll earn.
Posted by: Someguy at April 24, 2019 10:45 AM (HUFx

PG& E?

Posted by: Tom Servo at April 24, 2019 10:49 AM (Kpl3J)

355 "aos is social media? Is ace selling my fake name information?
Posted by: Can't resist temptation at April 24, 2019 10:49 AM (Srnuc)"

Companies pay big money to be able to target people like Masturbatin' Pete with some choice ads.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 10:50 AM (oZ6kz)

356 This is AOC's Chief of staff....

@saikatc

What's the reason NOT to let incarcerated people vote? Shouldn't the people most affected by unjust laws have some say in electing people to change them?

Posted by: Tami at April 24, 2019 10:50 AM (cF8AT)

357 351 aos is social media? Is ace selling my fake name information?
---------------------
Ace is preoccupied with arranging the corpses in his crawlspace. He likes the young ones up front.

Posted by: Puddin Head - CNN at April 24, 2019 10:50 AM (2LelM)

358 What's the reason NOT to let incarcerated people vote? Shouldn't the people most affected by unjust laws have some say in electing people to change them?


Rape is just a social construct. Property is theft.

Posted by: Grump928(C) at April 24, 2019 10:51 AM (2yfcr)

359 356 This is AOC's Chief of staff....

@saikatc

What's the reason NOT to let incarcerated people vote? Shouldn't the people most affected by unjust laws have some say in electing people to change them?
Posted by: Tami at April 24, 2019 10:50 AM (cF8AT)

Yeah, those laws against murder, rape, robbery...so unjust!

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 10:51 AM (NWiLs)

360 I avoid credit cards on general principle (when you're out of cash you stop buying), but where credit cards come in handy is extended warranties. Many offer an extra year on purchases.

Posted by: Moron Robbie - black slaves invented cooking at April 24, 2019 10:52 AM (Lhv0p)

361 >>The money isn't made or lost until you sell. Until then, it's partial ownership of the firm. And tech company valuations are frequently based on future prospects.

Yea, I'm pretty familiar with equity lock ups and the rules governing selling of founders stock. Some people gamble on the stock market, some gamble on startups.

Best way to make money with startups is often selling long before any thoughts of going public and that is almost pure speculation.

Posted by: JackStraw at April 24, 2019 10:52 AM (/tuJf)

362 Heh, we have Teh Barrel and a cookbook. And a lot of people who have solid experience in very diverse subjects. Like finance, f'rintsance.


Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 10:47 AM

******

And tinfoil memberships! I just upgraded last year from cardboard.

Ahem...still waiting for my steak knife.

Posted by: Diogenes at April 24, 2019 10:52 AM (0tfLf)

363
PG E?

Posted by: Tom Servo at April 24, 2019 10:49 AM (Kpl3J)

No firms are riskless. Something that may one day make money is a lot riskier than an established business with a customer base that has little other choice though.

Posted by: Someguy at April 24, 2019 10:52 AM (HUFx8)

364 By contrast an established utility company is pretty straightforward, you've got a pretty good idea of what they'll earn.

This.

Posted by: Pacific Gas & Electric at April 24, 2019 10:52 AM (SI3DS)

365 how exactly does one buy silver
and how does one sell it?

Posted by: vmom, anti-vahzist at April 24, 2019 10:52 AM (dm05u)

366 Posted by: Agent Cooper at April 24, 2019 10:46 AM (O4obU)

The only thing worse than our political situation is theirs. There's no magic candidate who can unite the extremists and moderates. They don't have any more Obamas.

Posted by: Cato, Media Delenda Est at April 24, 2019 10:52 AM (J+mig)

367 344 However, like me, when you try to finance a house you will probably need to expect to put 20% down.
Posted by: Kindltot at April 24, 2019 10:47 AM (TN7xY)

With how little I make, I'm never going to have the money to buy a house.

Posted by: Hikaru at April 24, 2019 10:52 AM (UnA8+)

368 Heh, we have Teh Barrel and a cookbook. And a lot of people who have solid experience in very diverse subjects. Like finance, f'rintsance.

Not to mention sound dating advice!

Posted by: Jewells45 at April 24, 2019 10:52 AM (kG5hP)

369 Posted by: Vic at April 24, 2019 10:49 AM

One of the links in the post below threw up a "This article is only available to premium members" pop-up on me.

Posted by: Rusty Nail at April 24, 2019 10:52 AM (arFzD)

370 356 This is AOC's Chief of staff....

@saikatc

What's the reason NOT to let incarcerated people vote? Shouldn't the people most affected by unjust laws have some say in electing people to change them?
Posted by: Tami at April 24, 2019 10:50 AM (cF8AT)

==========

Because...ugh...We really need to wipe the floor with these people in 2020.

Theory (that is 99.9% likely to be untrue):

Pelosi hates the new crop of members of the House like AOC. She thinks they're bad politically, electorally, and ideologically, but she can't do too much on the surface. She knows that the party as a whole is in a fever for this, so she's going to work with the establishment to break the party as a whole of it.

She's going to help throw the 2020 election in glorious fashion, putting the far left's fingerprints on everything, just to get rid of them and re-solidify her grasp on power within the party.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:52 AM (ANN96)

371
Stocks, bonds, tech, utilities, everything is worth the expectations mitigated by the risk. The price of anything is the consensus of both.
--------------------------
Bandersnatch - seven is the most likely number to roll on a come out. Six and Eight will make you money. All else is a waste of money.

Posted by: Puddin Head - CNN at April 24, 2019 10:52 AM (2LelM)

372 To put it another, blunter way - they don't have to play by the same rules we do. They just don't.

Thank you for your answer. As I suspected, you were talking about civil liability to lawsuit, not criminal liability exemptions for officials.


The correct answer for the original criminal complaint question is file a complaint with the FBI. Cite the statute that you believe is being violated, and how, when it was violated, and who violated it.

Posted by: An Observation at April 24, 2019 10:53 AM (3nknU)

373 356 This is AOC's Chief of staff....

@saikatc

What's the reason NOT to let incarcerated people vote? Shouldn't the people most affected by unjust laws have some say in electing people to change them?
Posted by: Tami at April 24, 2019 10:50 AM (cF8AT)
---------

Evidently full socialist wasn't "woke" enough. Next step...anarchist.

Posted by: WisRich at April 24, 2019 10:53 AM (G0vdT)

374 Posted by: Hikaru at April 24, 2019 10:52 AM (UnA8+)

You're in CA right? You need to relocate.

Posted by: Can't resist temptation at April 24, 2019 10:53 AM (Srnuc)

375 Ethan van Sciver gets a hold of spoilers for Avengers: Endgame. Plot synopsis here:

https://www.hooktube.com/watch?v=ong5U94gVq0

Again, spoilers, but if you've already decided not to watch it and want to know to what extent Brie Larson is inflicted on the movie, this is the video for you.

Posted by: Steve and Cold Bear at April 24, 2019 10:53 AM (/qEW2)

376 361 Best way to make money with startups is often selling long before any thoughts of going public and that is almost pure speculation.
Posted by: JackStraw at April 24, 2019 10:52 AM (/tuJf)

===========

I think there's decent money to be made on IPOs. Find the sexy ones, invest as early as possible on opening day. Trade away at some point within the first week.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:54 AM (ANN96)

377 todays WTF

https://www.campusreform.org/?ID=12142

-
She's abusing the very people she pretends to support just as transsexualist promoters are abusing the mentally ill people they are pretending to support.

Posted by: Anonosaurus Wrecks, Tyrannosaur Wrangler at April 24, 2019 10:54 AM (+y/Ru)

378 375 You're in CA right? You need to relocate.
Posted by: Can't resist temptation at April 24, 2019 10:53 AM (Srnuc)

No, PA.

I just have a very, very low-paying, dead-end job.

Posted by: Hikaru at April 24, 2019 10:54 AM (UnA8+)

379 235 The beached are shit and the only night life is waling down to the pier and watching the sun set.

not sure whether typo for "whaling", "walking", or "waddling".

Posted by: Anachronda at April 24, 2019 10:54 AM (sGtp+)

380 The scary thing about how crazy the left is getting is that sure, it probably helps Trump win in 2020. But how about 2024? No party keeps the White House forever. And do the Dems seem like they'd learn a lesson in 2020 and stop being insane? Fuck no. They'll go EVEN FURTHER left. And eventually, just because of the political pendulum that is the Presidency, one of these fuck nuggets is going to be President.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 10:54 AM (oZ6kz)

381 380 I WOULD NEVER LET OUR BRAVE TROOPS SUFFER HARASSMENT BY MEXICAN MILITARY AT OUR BORDER. SEE YOU IN 2020. GOD BLESS.
Posted by: MIRROR UNIVERSE MITT ROMNEY at April 24, 2019 10:54 AM (r9UYA

Jump into the comments section and immediately I am transported to a fantasy world.

Posted by: Draki at April 24, 2019 10:55 AM (gykJN)

382 374 Evidently full socialist wasn't "woke" enough. Next step...anarchist.
Posted by: WisRich at April 24, 2019 10:53 AM (G0vdT)

===========

True socialism is more akin to anarchism than practical communism. It's a stateless and classless society. There's no governing structure.

Anarchism isn't that far off from what socialist true believers actually believe.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:55 AM (ANN96)

383
I think there's decent money to be made on IPOs. Find the sexy ones, invest as early as possible on opening day. Trade away at some point within the first week.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:54 AM (ANN96)

Please, regular investors can't even get in on semi-sexy IPOs
That's where the expensive broker actually earns his keep - getting in on that action

Posted by: vmom, anti-vahzist at April 24, 2019 10:55 AM (dm05u)

384 383 The scary thing about how crazy the left is getting is that sure, it probably helps Trump win in 2020. But how about 2024? No party keeps the White House forever. And do the Dems seem like they'd learn a lesson in 2020 and stop being insane? Fuck no. They'll go EVEN FURTHER left. And eventually, just because of the political pendulum that is the Presidency, one of these fuck nuggets is going to be President.
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 10:54 AM (oZ6kz)

==========

That depends on internal politics to the Democratic Party.

I'm hoping that the establishment cedes control of the party for 2020, knowing that they're in for a total beatdown in the general election. They then go through the purge that Bill Kristol was promising the Republican Party after Trump lost.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:56 AM (ANN96)

385 Yeah, those laws against murder, rape, robbery...so unjust!
Posted by: Insomniac - Founder, Farmer Liberation Fron


now you're just being all judgy, preachy.....

Hi Insom!

big smooches!

Posted by: nurse ratched at April 24, 2019 10:56 AM (d7Ww2)

386 385 True socialism is more akin to anarchism than practical communism. It's a stateless and classless society. There's no governing structure.

Anarchism isn't that far off from what socialist true believers actually believe.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:55 AM (ANN96)

Which is how I can tell that the few Commies I've known are actual Communists and not Socialists.

Because the part that appeals to them is who they might hurt/kill in the process.

Posted by: Hikaru at April 24, 2019 10:57 AM (UnA8+)

387 372
Stocks, bonds, tech, utilities, everything is worth the expectations mitigated by the risk. The price of anything is the consensus of both.
--------------------------
Bandersnatch - seven is the most likely number to roll on a come out. Six and Eight will make you money. All else is a waste of money.
Posted by: Puddin Head - CNN at April 24, 2019 10:52 AM (2LelM)

Horn high Yo!!!!! Let's do this shooter!!

Posted by: Balrog of Morgoth at April 24, 2019 10:57 AM (FTPVM)

388 386 Please, regular investors can't even get in on semi-sexy IPOs
That's where the expensive broker actually earns his keep - getting in on that action
Posted by: vmom, anti-vahzist at April 24, 2019 10:55 AM (dm05u)

==========

I watched an IPO quadruple in value in a day,...after it opened to regular investors. I could have gotten it, but I was just in the watch and see phase of trading.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:57 AM (ANN96)

389 Evidently full socialist wasn't "woke" enough. Next step...anarchist.
Posted by: WisRich at April 24, 2019 10:53 AM (G0vdT)


Anarchy. No law.

Might makes right.

That and a .338 Lapua.

Posted by: rickb223 at April 24, 2019 10:57 AM (Yzubb)

390 Hikaru, don't worry about it. I'd bore you with the list of all the bad decisions I've made over the past fifteen years, but I don't have time, I have to struggle with my job now.

The phrase "Unemployed, in Greenland!" keeps going through my head.

Posted by: Thing From Snowy Mountain, who had a B-Wing, and called it Brad at April 24, 2019 10:57 AM (Clxcy)

391 I was working in the tech industry both pre and post ,com meltdown.
Posted by: JackStraw at April 24, 2019 10:43 AM (/tuJf) 

Are you sure? Excess pot use is terrible for long term memory.

Posted by: Kate Winslet's boobs at April 24, 2019 10:57 AM (I4S4k)

392 Please, regular investors can't even get in on semi-sexy IPOs
That's where the expensive broker actually earns his keep - getting in on that action
Posted by: vmom, anti-vahzist at April 24, 2019 10:55 AM (dm05u)

That's my impression. I think IPOs are offered to a specific brokerage house and then they resell it to the public.

Posted by: Can't resist temptation at April 24, 2019 10:58 AM (Srnuc)

393 Stocks, bonds, tech, utilities, everything is worth the expectations mitigated by the risk. The price of anything is the consensus of both

--------

Yes. But most stock plays are based on a record of past profits.

Tech VC investments are based on nothing but hope. And if you're lucky, the guy selling you that hope is simply an unrealistic dreamer, and not an outright confidence man.

Every once in a blue moon, you might even make some money.

Tech is a cash furnace.

Posted by: Yudhishthira's Dice at April 24, 2019 10:58 AM (5aX2M)

394 What's the reason we let white males vote? Those privileged bastards made their money exploiting POCs and feminists. Now it's time for us to rise and take their money!

Posted by: Chiquita Khrushchev at April 24, 2019 10:58 AM (+y/Ru)

395
Please, regular investors can't even get in on semi-sexy IPOs
That's where the expensive broker actually earns his keep - getting in on that action

Posted by: vmom, anti-vahzist at April 24, 2019 10:55 AM (dm05u)

This is the case. Investment bankers try to price IPOs to give substantial benefits to those who have access to the IPO(it's how they build up a group of investors to make the launch successful).

Posted by: Someguy at April 24, 2019 10:58 AM (HUFx8)

396 So, the drawing has your basic NYC rooftop water tanks at #1 and #2, but #3 is weird. It has two pipes and they don't go up and down they go at an angle.

I think the artist is commenting on the general chaos of an urban landscape.

Posted by: Bandersnatch at April 24, 2019 10:58 AM (fuK7c)

397 When I play craps, I like all the hard ways tee hee

Posted by: Bill Kristol at April 24, 2019 10:58 AM (FTPVM)

398 >>I think there's decent money to be made on IPOs. Find the sexy ones, invest as early as possible on opening day. Trade away at some point within the first week.

Much like Hillary's favorite garment, depends. Going public is an enormous pain in the ass and requires filings and financial reporting that is not required of private companies. And it often requires a management team that is fundamentally different from the startup team.

And then there is market timing and the type of market you are entering. And then you have to figure in the risk that the founders stock will retain it's value after the lockup period which is doubly at risk because savvy investors know it's coming and founders will be dumping stock to cash out.

Sometimes a guaranteed $1 million bird in hand is worth far more than a theoretical $5 million bush that take off and is shot down by a hunter.

Posted by: JackStraw at April 24, 2019 10:59 AM (/tuJf)

399
Not to mention sound dating advice!

Plus sound medical practices. Which may or may not include the use of leeches or bleeding to restore balance to bodily humours.

Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 10:59 AM (HaL55)

400 398
Please, regular investors can't even get in on semi-sexy IPOs
That's where the expensive broker actually earns his keep - getting in on that action
---------------------
This is true. Hot IPOs are gifts to a firm's big dogs.

Posted by: Puddin Head - CNN at April 24, 2019 10:59 AM (2LelM)

401 TJM, I don't see the Dems having the kind of top-down control of the process they used to have. It happened to the GOP too - the party bigwigs wanted literally anybody but Trump (except maybe Cruz) and they ended up with Trump.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 10:59 AM (oZ6kz)

402 True socialism is more akin to anarchism than practical communism. It's a stateless and classless society. There's no governing structure.

Anarchism isn't that far off from what socialist true believers actually believe.
Posted by: TheJamesMadison


Purge Night every night.

I'm their huckleberry.

Posted by: rickb223 at April 24, 2019 10:59 AM (Yzubb)

403 The auditions must have been . . . interesting.
Posted by: bluebell at April 24, 2019 10:43 AM (aXucN)


Well, there really wasn't one. There was a scene where they hid a body in the window seat, but we couldn't come up with anything that resembled a body to make it look real enough. I was already on the stage crew and was small and light enough where they could fling me around a bit without too much issue.

The audience didn't know I was actually a person and not a prop, so I'd say I did pretty good.

Posted by: Sponge at April 24, 2019 10:59 AM (IXZGh)

404 398 This is the case. Investment bankers try to price IPOs to give substantial benefits to those who have access to the IPO(it's how they build up a group of investors to make the launch successful).
Posted by: Someguy at April 24, 2019 10:58 AM (HUFx

=========

But here's the market behavior. Yes, the best price goes to institutional investors, but regular investors are still chomping at the bit to get a piece. Sexy IPOs shoot up in price, sometimes dramatically so, which creates an opening to get in and out as a regular investor. Riding the wave for a short time, taking a profit, and moving on.

It is highly risky, though.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:00 AM (ANN96)

405 324 We HAVE to be the only ones with a cookbook.
Posted by: bluebell at April 24, 2019 10:40 AM

Which, according to unnamed sources, will soon be cookbooks.


pretty sure the plural is "cooksbook", just like "mothers-in-law", "attorneys general", and "roots beer".

Posted by: Anachronda at April 24, 2019 11:00 AM (sGtp+)

406 "CEO" is a racket.

Posted by: Burger Chef at April 24, 2019 11:00 AM (RuIsu)

407 Ilhan Omar, who referred to the U.S. as "Satan" and took the side of the Somalis who attacked and killed (and dragged through the streets) the U.S. soldiers who were there trying to feed starving Somalis, won her congressional district in MN by getting over 267,000 votes, or 78% of the total votes cast.

Omar's district, which is 67% white, has about 27,000 Somali residents, per the last census.

It was not Somalis, but white liberal Dims, who put Omar in office.

Just something to think about.

Posted by: TrivialPursuer at April 24, 2019 11:00 AM (k4dH2)

408 The first, last, and only IPO I ever could get was when I worked at the goddamned company that was going public.

Posted by: WitchDoktor, as if anyone gives a shit at April 24, 2019 11:01 AM (eytER)

409 Because the part that appeals to them is who they might hurt/kill in the process.
Posted by: Hikaru at April 24, 2019 10:57 AM (UnA8+)

I think the same thing every time I hear Liawatha or Bernie talk about millionaires and billionaires and taxing wealth. I just hear them scheming on way to hurt people they do not like.

Posted by: rhennigantx at April 24, 2019 11:01 AM (JFO2v)

410 The audience didn't know I was actually a person and not a prop, so I'd say I did pretty good.
-----------------------
I was Sneezy in Sleeping Beauty and Seven Dwarfs. My big line was sneezing on cue.

Posted by: Puddin Head - CNN at April 24, 2019 11:01 AM (2LelM)

411 404 TJM, I don't see the Dems having the kind of top-down control of the process they used to have. It happened to the GOP too - the party bigwigs wanted literally anybody but Trump (except maybe Cruz) and they ended up with Trump.
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 10:59 AM (oZ6kz)

============

Oh, they've lost the power, that's for sure.

The Establishment has little to no control anymore.

Doesn't mean they'll give up, and they may be willing to throw a general election if it means their primo spot at the feed trough gets returned to them.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:01 AM (ANN96)

412 Which is how I can tell that the few Commies I've known are actual Communists and not Socialists.

Because the part that appeals to them is who they might hurt/kill in the process.
Posted by: Hikaru at April 24, 2019 10:57 AM (UnA8+)

The "true" form of communism is unachievable by any means. Material equality is the goal, and redistribution is the only means of getting there. Redistribution requires a state authority that's not supposed to exist in the final version.

Once such an authority is created, it as final say over all wealth in the economy. "A small group that controls all the wealth" is an aristocracy. In the name of equality, they create an aristocracy. Nothing more contrary and self-defeating than this is possible in any human endeavor.

Posted by: Cato, Media Delenda Est at April 24, 2019 11:01 AM (J+mig)

413 But most stock plays are based on a record of past profits.


No. Past profits are only an indication of what the future holds. You can only buy the future.

Posted by: Bandersnatch at April 24, 2019 11:02 AM (fuK7c)

414 Helloooooo nurse!

Mmmm...smooches...

Posted by: Insomniac - Founder, Farmer Liberation Front at April 24, 2019 11:02 AM (NWiLs)

415 >>Yes. But most stock plays are based on a record of past profits. Posted by: Yudhishthira's Dice at April 24, 2019 10:58 AM (5aX2M)

Staggers Act. Railroad deregulation, Class 1 mergers, steel-on-steel as cheap logistics, barrier to entry, two players on each coast.

Zod's portfolio intends to keep creating wealth. Beautifully mutated.

Posted by: Zod at April 24, 2019 11:02 AM (Bdeb0)

416 Hi. I'm prepared to drop and comment and run because I know many will disagree. I LIKE the idea of quantifying care costs based on quality of life. Could it be misused? Of course. At the same time, there is no bottomless well of money to be used to extend the death of those who are not getting better, who are not returning to joyful life due to age or illness.

You can't constantly moan about government waste and the lack of cost cutting, and then say spend whatever it takes to keep me creaking along well past the time my grandparents would have shuffled off the mortal coil That's my opinion, and it's as good as anyone's.

Posted by: BarcelonaCarmen at April 24, 2019 11:02 AM (+CiEK)

417 I like volatility I cannot lie

Posted by: Balrog of Morgoth at April 24, 2019 11:02 AM (FTPVM)

418 We HAVE to be the only ones with a cookbook.

Posted by: bluebell at April 24, 2019 10:40 AM



Which, according to unnamed sources, will soon be cookbooks.



pretty sure the plural is "cooksbook", just like "mothers-in-law", "attorneys general", and "roots beer".

Posted by: Anachronda at April 24, 2019 11:00 AM (sGtp+)


And hotscakes. Want some?

Posted by: Mrs. Lisa Douglas at April 24, 2019 11:02 AM (q1Pj5)

419 Tech VC investments are based on nothing but hope. And if you're lucky, the guy selling you that hope is simply an unrealistic dreamer, and not an outright confidence man.

Every once in a blue moon, you might even make some money.

Tech is a cash furnace.

Posted by: Yudhishthira's Dice at April 24, 2019 10:58 AM (5aX2M)
---------------------------------

It sure seems like the VC money in tech companies goes to fancy offices and cutsey trends like free snack foods and games in the lunchroom. At some point the investors stop the funding and the tech company closes up shop. It really looks like a scam not anything approaching a viable business.

Posted by: Boots at April 24, 2019 11:02 AM (e9omi)

420 Posted by: TrivialPursuer at April 24, 2019 11:00 AM (k4dH2)

(Jump to top of page)

Need to get the word out that Omar would kill everyone of their unclean Pomeranians If she could.

Posted by: Can't resist temptation at April 24, 2019 11:02 AM (Srnuc)

421 415 Once such an authority is created, it as final say over all wealth in the economy. "A small group that controls all the wealth" is an aristocracy. In the name of equality, they create an aristocracy. Nothing more contrary and self-defeating than this is possible in any human endeavor.
Posted by: Cato, Media Delenda Est at April 24, 2019 11:01 AM (J+mig)

============

A middle school teacher of mine tried to defend socialist thought by saying the traditional line that Soviet Russia turned to a fascist dictatorship so quickly, that it ceased to be communist.

She was kind of right, but for all the wrong reasons.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:03 AM (ANN96)

422 I think the artist is commenting on the general chaos of an urban landscape.

Posted by: Bandersnatch at April 24, 2019 10:58 AM (fuK7c)

I have seen those tanks, and I have no idea why they are designed that way.

Weird...and fun.

Posted by: CharlieBrown'sDildo at April 24, 2019 11:03 AM (wYseH)

423 The really bizarre thing these days about Mirror Universe Mitt Romney is, who knew the actual Mitt Romney was going to drop is mask and expose himself as such a passive aggressive piece of detritus?

Posted by: Thing From Snowy Mountain, who had a B-Wing, and called it Brad at April 24, 2019 11:03 AM (Clxcy)

424 415 The "true" form of communism is unachievable by any means. Material equality is the goal, and redistribution is the only means of getting there. Redistribution requires a state authority that's not supposed to exist in the final version.

Once such an authority is created, it as final say over all wealth in the economy. "A small group that controls all the wealth" is an aristocracy. In the name of equality, they create an aristocracy. Nothing more contrary and self-defeating than this is possible in any human endeavor.
Posted by: Cato, Media Delenda Est at April 24, 2019 11:01 AM (J+mig)

Like I said, for the ones I know, it's about destroying the lives of people they hate or consider "unworthy" of life.

Posted by: Hikaru at April 24, 2019 11:03 AM (UnA8+)

425 how exactly does one buy silver

and how does one sell it?
Posted by: vmom, anti-vahzist at April 24, 2019 10:52 AM (dm05u)


At the lowest level, coin shops and pawn shops ( I was on a kick of buying rings for a while, too)
You can get old US coins, silver ounces and varying gold coins. You know the kid with his nose at the glass counter for the pocket knife or the candy bar he can't afford? That is how I am for British sovereigns and $2.5 US Indian head coins)
Also, coin shows and some flea markets, but they have a mark up

for larger sales, there are companies that sell and ship to you, their mark up is lower

You can also buy metal backed stocks, but that has its own risks

Holding gold and silver in your house is also a risk. It gets stolen, no way to show it is yours. Also some risk in a safety deposit box too.

Sales are harder, some places have a limit to what you can sell, and some municipalities make the shop get SSN and proof if ID when they purchase.
You can't use it for large official purchases since the banks freak out if you suddenly put down large gobs of cash, they have to report it.

But, buy in small lots and expect to sell it in small lots.

Posted by: Kindltot at April 24, 2019 11:03 AM (TN7xY)

426 387 383 The scary thing about how crazy the left is getting is that sure, it probably helps Trump win in 2020. But how about 2024? No party keeps the White House forever. And do the Dems seem like they'd learn a lesson in 2020 and stop being insane? Fuck no. They'll go EVEN FURTHER left. And eventually, just because of the political pendulum that is the Presidency, one of these fuck nuggets is going to be President.
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 10:54 AM (oZ6kz)

==========

That depends on internal politics to the Democratic Party.

I'm hoping that the establishment cedes control of the party for 2020, knowing that they're in for a total beatdown in the general election. They then go through the purge that Bill Kristol was promising the Republican Party after Trump lost.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:56 AM


******

The Dems lost their way with McGovern but shifted back to the center. They will likely do the same thing here...consider 2020 a loss and let the hard lefties do their screech thing. Starting in 2021 they shift back to the center, telling America we have heard you and see how reasonable we can be. Their goal is 2022 to keep the House and then 2024.

Posted by: Diogenes at April 24, 2019 11:03 AM (0tfLf)

427 Retort:

They had 8 years under Obama to do just that.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 10:41 AM (ANN96)


That's a pretty good retort! In response, all I have is that the Hillary attempt was some combination of Dem sloppiness due to overconfidence, the Clintons having finally dug-up some bad, bad stuff about Obummer, but too late to use it in the '08 Dem campaign, and God looking out for the USA.

Posted by: Gref at April 24, 2019 11:03 AM (AMIL/)

428 TJM, it sounds like you're predicting a scenario like the South park baseball episode where both teams are trying to lose.

The Vichy GOP wants to tank an election to punish Trump voters and get their grubby little paws back in control of the process.

And the establishment Dems might want to tank an election to put a black mark on the AOC's of the world who are currently getting all the attention and donations.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:03 AM (oZ6kz)

429 Wouldn't the Mirror Universe Mitt Romney have to actually be good, or at least on the level?

Posted by: Thing From Snowy Mountain, who had a B-Wing, and called it Brad at April 24, 2019 11:03 AM (Clxcy)

430 Paiting is still too impressionistic for my taste but I find the subject matter interesting

Posted by: Mark Andrew Edwards, Angry, Radical, Anti-Liberal, and Dangerous: buy ammo at April 24, 2019 11:04 AM (bcbK8)

431 psst... wanna invest in a hot cookbook IPO?

Posted by: vmom, anti-vahzist at April 24, 2019 11:04 AM (dm05u)

432 429 The Dems lost their way with McGovern but shifted back to the center. They will likely do the same thing here...consider 2020 a loss and let the hard lefties do their screech thing. Starting in 2021 they shift back to the center, telling America we have heard you and see how reasonable we can be. Their goal is 2022 to keep the House and then 2024.
Posted by: Diogenes at April 24, 2019 11:03 AM (0tfLf)

=============

It's a reasonable historical parallel, and one that I hope comes to pass.

Nightmare scenario: America is hit with a recession in August of 2020. Bernie Sanders becomes president with a Democratic House and Senate.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:05 AM (ANN96)

433 This is AOC's Chief of staff....

@saikatc

What's the reason NOT to let incarcerated people vote? Shouldn't the people most affected by unjust laws have some say in electing people to change them?
Posted by: Tami at April 24, 2019 10:50 AM (cF8AT)

Yeah, those laws against murder, rape, robbery...so unjust!

Serial rapists are unfairly affected by restraining orders. They should vote to prevent them. And laws against them holding weapons.

Watch the gin control freaks begin to stir.

Posted by: Papist Bograt at April 24, 2019 11:05 AM (nEOLy)

434 422 It sure seems like the VC money in tech companies goes to fancy offices and cutsey trends like free snack foods and games in the lunchroom. At some point the investors stop the funding and the tech company closes up shop. It really looks like a scam not anything approaching a viable business.

Posted by: Boots at April 24, 2019 11:02 AM (e9omi)

Or you could be like the Fyre Festival guy, and somehow score a fancy office making fake credit cards out of nothing.

Posted by: Hikaru at April 24, 2019 11:05 AM (UnA8+)

435 The Dems lost their way with McGovern but shifted back to the center. They will likely do the same thing here...consider 2020 a loss and let the hard lefties do their screech thing. Starting in 2021 they shift back to the center, telling America we have heard you and see how reasonable we can be. Their goal is 2022 to keep the House and then 2024.
-----------------------
Tailor made for the next Billy and Hills.

Posted by: Puddin Head - CNN at April 24, 2019 11:05 AM (2LelM)

436 Posted by: BarcelonaCarmen at April 24, 2019 11:02 AM (+CiEK)

You are not incorrect in theory but once you go down that road there is no coming back. You have acknowledged what the reality is and what it will turn into.

Posted by: Can't resist temptation at April 24, 2019 11:05 AM (Srnuc)

437 The "true" form of communism is unachievable by any means. Material equality is the goal, and redistribution is the only means of getting there. Redistribution requires a state authority that's not supposed to exist in the final version.

Once such an authority is created, it as final say over all wealth in the economy. "A small group that controls all the wealth" is an aristocracy. In the name of equality, they create an aristocracy.



Picky, picky, picky.

Posted by: pep at April 24, 2019 11:06 AM (wW03z)

438 429 The Dems lost their way with McGovern but shifted back to the center. They will likely do the same thing here...consider 2020 a loss and let the hard lefties do their screech thing. Starting in 2021 they shift back to the center, telling America we have heard you and see how reasonable we can be. Their goal is 2022 to keep the House and then 2024.
Posted by: Diogenes at April 24, 2019 11:03 AM (0tfLf)

"Center", while keeping in mind they've had 6 years to shift the Overton window further left.

Posted by: Hikaru at April 24, 2019 11:06 AM (UnA8+)

439 431 TJM, it sounds like you're predicting a scenario like the South park baseball episode where both teams are trying to lose.

The Vichy GOP wants to tank an election to punish Trump voters and get their grubby little paws back in control of the process.

And the establishment Dems might want to tank an election to put a black mark on the AOC's of the world who are currently getting all the attention and donations.
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:03 AM (oZ6kz)

===========

I put less emphasis on the idea that the GOPe has the inclination or power within the party to make an effective try at throwing the election. Trump will be the standardbearer, he'll be at the top of the ticket, and only small holdouts don't give at least tacit support to the man who's going to be jetting around the country for at least 18 months asking for votes.

But yeah, it has the ring of truth.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:06 AM (ANN96)

440 The Vichy GOP wants to tank an election to punish Trump voters and get their grubby little paws back in control of the process.
----------------------
They may indeed want that. But they have absolutely no way to make it happen. To win in politics you have to have something resembling a personality.

Posted by: Puddin Head - CNN at April 24, 2019 11:07 AM (2LelM)

441 Here is an example of an FBI felony complaint:

"I now enter the following complaint in compliance with my 18 U.S. Code 4
obligation to report federal felonies to appropriate federal personnel.




Senator Kamala Harris of California and her congressional staff have
publicly announced their conspiracy to oppress 2nd Amendment
Constitutional rights. The Senator and her staff have announced their
intent to use Executive Orders to oppress Constitutional rights in the
event she is elected President. Such conspiracy violates 18 U.S. Code
241 - whether or not it is ever actively put into effect; the act of
conspiracy standing alone, is a violation of law. Additionally, the
enforcement of such an executive order would be a violation of 18 U.S.
Code 242."

Posted by: An Observation at April 24, 2019 11:07 AM (3nknU)

442 No. Past profits are only an indication of what the future holds. You can only buy the future.

------

Of course. But it provides a basis for believing that you will profit in the future.

Tech startups have no such basis. Unless you sell to other credulous investors before it IPOs, you are almost certain to lose.

Again: Tech is a cash furnace. I wouldn't touch a tech investment with a gun to my head until the air comes out of this bubble, and the market rationalizes. I strive to avoid even established tech stocks until then.

Posted by: Yudhishthira's Dice at April 24, 2019 11:07 AM (5aX2M)

443 how exactly does one buy silver

and how does one sell it?
Posted by: vmom


Apmex dot com.

Sell it back to them, or to one of those strip shopping centers that say "We buy gold & silver".

You will be buying at a point over spot and selling at a point under spot.

So the silver market has to rise enough to make selling it worthwhile.

Posted by: rickb223 at April 24, 2019 11:07 AM (Yzubb)

444 It's a reasonable historical parallel, and one that I hope comes to pass.

Nightmare scenario: America is hit with a recession in August of 2020. Bernie Sanders becomes president with a Democratic House and Senate.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:05 AM


******

This is when buying all that ammo suddenly pays off.

Posted by: Diogenes at April 24, 2019 11:07 AM (0tfLf)

445 I'm not sure, if their internal polls showed more moderate positions polling well among traditional Dem voting blocs, wouldn't they have tried messaging on some of those positions, I dunno, at any single point in the last 2 1/2 years?

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:08 AM (oZ6kz)

446 Maryland Gov. Hogan says he's seriously mulling presidential run, criticizes Trump's 'very disturbing' behavior

-
Winning is very disturbing behaviour to the GOPe.

Posted by: Chiquita Khrushchev at April 24, 2019 11:08 AM (+y/Ru)

447 how exactly does one buy silver

and how does one sell it?
Posted by: vmom


You could ask Soros.

Posted by: Can't resist temptation at April 24, 2019 11:08 AM (Srnuc)

448 You will be buying at a point over spot and selling at a point under spot.

So the silver market has to rise enough to make selling it worthwhile.
Posted by: rickb223 at April 24, 2019 11:07 AM (Yzubb)

ok, that makes sense
thanks

Posted by: vmom, anti-vahzist at April 24, 2019 11:08 AM (dm05u)

449 The correct answer for the original criminal complaint question is file a complaint with the FBI. Cite the statute that you believe is being violated, and how, when it was violated, and who violated it.

Posted by: An Observation at April 24, 2019 10:53 AM (3nknU)

and how many of these prosecutions have taken place since Rodney King? You send that in to the FBI and everybody in the office has a good laugh, then it goes into the trash can. I listed Civil because that's actually far easier; at least you can get a Court to listen to it before they throw it out. A criminal complaint is a joke.

Posted by: Tom Servo at April 24, 2019 11:08 AM (Kpl3J)

450 275 Down south in VEN
Rodriguez said the government was close to permanently stabilizing electricity service.

happened right before 3 week blackout!


did he say stabilizing with it *on*?

Posted by: Anachronda at April 24, 2019 11:08 AM (sGtp+)

451 >>433 Paiting is still too impressionistic for my taste but I find the subject matter interesting
Posted by: Mark Andrew Edwards, Angry, Radical, Anti-Liberal, and Dangerous: buy ammo at April 24, 2019 11:04 AM (bcbK

Hmm.

Alternate title: "Hopeful Butterfly-Man Among The Lumpen-Orcs Of Dongopolis."

Posted by: Zod at April 24, 2019 11:09 AM (Bdeb0)

452 Rodriguez said the government was close to permanently stabilizing electricity service.

happened right before 3 week blackout!

did he say stabilizing with it *on*?
Posted by: Anachronda


"Dead" is stable.

Posted by: Brother Cavil at April 24, 2019 11:09 AM (AM1GF)

453 448 I'm not sure, if their internal polls showed more moderate positions polling well among traditional Dem voting blocs, wouldn't they have tried messaging on some of those positions, I dunno, at any single point in the last 2 1/2 years?
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:08 AM (oZ6kz)

=========

They are. The establishment wants to talk about healthcare, their primary voters' #1 priority.

But the media is stupid and chases after shiny objects like Trump and AOC.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:09 AM (ANN96)

454 Precious metals is where it's at!
Brass, Lead and Copper

Posted by: Roland THTG at April 24, 2019 11:09 AM (88+cf)

455
448 I'm not sure, if their internal polls showed more moderate positions polling well among traditional Dem voting blocs, wouldn't they have tried messaging on some of those positions, I dunno, at any single point in the last 2 1/2 years?
------------------------
There biggest problem is they have quite vocally told a majority of Americans that they are too white and nasty to build a real majority.

Posted by: Puddin Head - CNN at April 24, 2019 11:09 AM (2LelM)

456
Wait, I know those movie! It's A Wonderful Life (Short Version)

Clarence, to George, while reading the newspaper: "Go ahead and jump already, you pathetic whining loser."

Two thumbs up!

Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at April 24, 2019 11:10 AM (pNxlR)

457 From a man's POV, Mitt Romney is a c**t. He has a c**t face, speaks with a c**t mouth, and thinks c**t thoughts. He is not a real cunni that looks and tastes delicious, he is a c**t.

Posted by: Invisible Pimp Hand at April 24, 2019 11:10 AM (FTPVM)

458 448 I'm not sure, if their internal polls showed more moderate positions polling well among traditional Dem voting blocs, wouldn't they have tried messaging on some of those positions, I dunno, at any single point in the last 2 1/2 years?
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:08 AM (oZ6kz)

Because they're chasing youth.

Always, always chasing youth.

Posted by: Hikaru at April 24, 2019 11:10 AM (UnA8+)

459 I hate the fucking caps lock key. They should move it to where the top row of keys are.
Posted by: Vic at April 24, 2019 10:11 AM (mpXpK)

Somebody should make a keyboard with very strong springs under the caps lock key, and under the three that flank the space bar on each side. Such a board would sure save me a lot of error-correcting time.

Posted by: Alberta Oil Peon at April 24, 2019 11:10 AM (TfwlC)

460 Tanned, rested, and ready!

Posted by: Charles Ponzi at April 24, 2019 11:10 AM (q1Pj5)

461 "They are. The establishment wants to talk about healthcare, their primary voters' #1 priority.

But the media is stupid and chases after shiny objects like Trump and AOC.
Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:09 AM (ANN96)"

I suppose we'll see how many among the Dems will start vocally supporting Medicare for All.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:11 AM (oZ6kz)

462 NKorea 'executes four officials by firing squad after failed US summit'...

-
I'm guessing that the NorK official most responsible for the failure escaped execution.

Posted by: Chiquita Khrushchev at April 24, 2019 11:11 AM (+y/Ru)

463 465 NKorea 'executes four officials by firing squad after failed US summit'...

-
I'm guessing that the NorK official most responsible for the failure escaped execution.
Posted by: Chiquita Khrushchev at April 24, 2019 11:11 AM (+y/Ru)

===========

Larry? That dude's an asshole.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:11 AM (ANN96)

464 Posted by: BarcelonaCarmen at April 24, 2019 11:02 AM (+CiEK)

So....needle, pill or gas chamber.

Posted by: BignJames at April 24, 2019 11:11 AM (ykq7q)

465 >>Clarence, to George, while reading the newspaper: "Go ahead and jump already, you pathetic whining loser." Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM) at April 24, 2019 11:10 AM (pNxlR)

"It's poison, Mr. Gower!"
"Nonsense, George. I only put the poison label on the bottle to keep ankle-biters like you from getting into it. It's candy!"
"....?...."
"Go ahead, George. (Softer). I'm sorry, George, I shoulda been kinder to you. It's okay, have some."

Posted by: Zod at April 24, 2019 11:11 AM (Bdeb0)

466 456 448 I'm not sure, if their internal polls showed more moderate positions polling well among traditional Dem voting blocs, wouldn't they have tried messaging on some of those positions, I dunno, at any single point in the last 2 1/2 years?
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:08 AM (oZ6kz)

=========

They are. The establishment wants to talk about healthcare, their primary voters' #1 priority.

But the media is stupid and chases after shiny objects like Trump and AOC.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:09 AM


******

Of course the hiccup in this is there is a whole new generation of voters in 2022/24 and lets face it, just how bright are they going to be? And...how much more propagandistic will the media be?

Posted by: Diogenes at April 24, 2019 11:12 AM (0tfLf)

467 457 Precious metals is where it's at!
Brass, Lead and Copper
Posted by: Roland THTG at April 24, 2019 11:09 AM (88+cf)

With just a daub of mercury fulminate

Posted by: Mark Andrew Edwards, Angry, Radical, Anti-Liberal, and Dangerous: buy ammo at April 24, 2019 11:12 AM (bcbK8)

468 how exactly does one buy silver

and how does one sell it?
Posted by: vmom


There are tons of places that will sell it, somewhat less will buy it.

I used Gainesville Coins.

Posted by: blaster at April 24, 2019 11:12 AM (9VeU0)

469 >>Again: Tech is a cash furnace. I wouldn't touch a tech investment with a gun to my head until the air comes out of this bubble, and the market rationalizes. I strive to avoid even established tech stocks until then.

I agree to a certain extent but there is real money to be made in tech startups. They key is knowledge, to a much greater extent than is available to the average investor.

Again, the reporting requirements of private companies is much different from public companies so average investors are greatly hamstrung from the get go. And frankly most people don't have the in-depth knowledge of the industry the startups exist within. What looks like a trend might be just a blip and the other way around.

You can make serious coin in that market but it is not for the casual investor.

Posted by: JackStraw at April 24, 2019 11:12 AM (/tuJf)

470 how exactly does one buy silver



and how does one sell it?

Posted by: vmom





You could ask Soros.

Posted by: Can't resist temptation at April 24, 2019 11:08 AM (Srnuc)

Ahem.

Posted by: Hunt Brothers at April 24, 2019 11:12 AM (q1Pj5)

471 Republicans who don't like Trump's character but agree with most policies had better hold their noses and ignore any primary-the-president horseshit.

Posted by: Invisible Pimp Hand at April 24, 2019 11:12 AM (FTPVM)

472 465 NKorea 'executes four officials by firing squad after failed US summit'...

-
I'm guessing that the NorK official most responsible for the failure escaped execution.
Posted by: Chiquita Khrushchev at April 24, 2019 11:11 AM (+y/Ru)

China might be just as responsible.

Posted by: Hikaru at April 24, 2019 11:12 AM (UnA8+)

473 >>465 NKorea 'executes four officials by firing squad after failed US summit'...

I'm guessing that the NorK official most responsible for the failure escaped execution. Posted by: Chiquita Khrushchev at April 24, 2019 11:11 AM (+y/Ru)

I'm guessing President Trump lacks the courage to follow a sterling example.

Posted by: Zod at April 24, 2019 11:12 AM (Bdeb0)

474 "It's poison, Mr. Gower!"
"Nonsense, George. I only put the poison label on the bottle to keep ankle-biters like you from getting into it. It's candy!"
"....?...."
"Go ahead, George. (Softer). I'm sorry, George, I shoulda been kinder to you. It's okay, have some."
Posted by: Zod at April 24, 2019 11:11 AM (Bdeb0)

Would watch.

But I wouldn't fap

Posted by: Mark Andrew Edwards, Angry, Radical, Anti-Liberal, and Dangerous: buy ammo at April 24, 2019 11:13 AM (bcbK8)

475 Wait, I know those movie! It's A Wonderful Life (Short Version)

Clarence, to George, while reading the newspaper: "Go ahead and jump already, you pathetic whining loser."

Two thumbs up!
Posted by: Krebs v Carnot: Epic Battle of the Cycling Stars (TM)


This, from a freak of nature with a grannie voice, named Clarence!!

Posted by: George is pissed! at April 24, 2019 11:13 AM (rFmwm)

476 NKorea 'executes four officials by firing squad after failed US summit'...



-

I'm guessing that the NorK official most responsible for the failure escaped execution.

Posted by: Chiquita Khrushchev at April 24, 2019 11:11 AM (+y/Ru)

Fuckin' Todd ruins everything.

Posted by: Count de Monet at April 24, 2019 11:14 AM (q1Pj5)

477 I like volatility I cannot lie

Posted by: Balrog of Morgoth at April 24, 2019 11:02 AM (FTPVM)



You should be a happy man.

Posted by: Grump928(C) at April 24, 2019 11:14 AM (2yfcr)

478
Posted by: An Observation at April 24, 2019 11:07 AM (3nknU)

Hopefully, you politely demanded that this law be vigorously enforced to its fullest extent.

Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 11:14 AM (HaL55)

479 I've noticed a new silence coming over Manhattan Media. I suspect they've got nothing to make their cash registers ring. Its gives me a sadz.

Posted by: Puddin Head - CNN at April 24, 2019 11:15 AM (2LelM)

480 JM Bullion is the site I use for silver/gold. Free shipping.

Posted by: sniffybigtoe at April 24, 2019 11:15 AM (1ISKN)

481 so just a quick glance at trends

I'm gonna guess that silver will be a bit lower midway through Trump's second term, then as Dems restart their shenanigans, start rising

someone remind me to start buy___ in a couple of years...

Posted by: vmom, anti-vahzist at April 24, 2019 11:16 AM (dm05u)

482 Islamorada, Marathon and Key West. Two days in each, with fishing days in Islamorada and Marathon. They're flying into Miami Friday and driving from there (visiting someone on the way.)

I hope you get to reschedule. I was just down in Marathon, Little Torch and Islamorada fishing a couple weeks ago and it was great.

The mangroves took a beating in the hurricane and are pretty barren down around Big Pine. It will be years before they come back but the fish have returned in a big way.

Used to spend two weeks every February on Big Torch, right on Niles channel. Great grouper fishing in the channel itself. 15 to 25 lb gag grouper in 20 feet of water. When the Feds closed grouper to May 1st, I quit going.

Posted by: Agitator at April 24, 2019 11:16 AM (m9DnX)

483 And eventually, just because of the political pendulum that is the
Presidency, one of these fuck nuggets is going to be President.


Yes, and that will be the end of the Republic.

Posted by: An Observation at April 24, 2019 11:16 AM (3nknU)

484 With just a daub of mercury fulminate
Posted by: Mark Andrew Edwards, Angry, Radical, Anti-Liberal, and Dangerous: buy ammo at April 24, 2019 11:12 AM (bcbK


Lead Styphnate now, but yes, exactly.

Posted by: Kindltot at April 24, 2019 11:16 AM (TN7xY)

485 474 Republicans who don't like Trump's character but agree with most policies had better hold their noses and ignore any primary-the-president horseshit.

Posted by: Invisible Pimp Hand at April 24, 2019 11:12 AM (FTPVM)

Let John Kasich go ahead and run! He'll get the same 1% he did last time. And Hogan? Nobody outside of Maryland and the DC beltway has ever even heard of that guy.

Posted by: Tom Servo at April 24, 2019 11:17 AM (Kpl3J)

486 I can probably afford like two ounces.LOL

Posted by: vmom, anti-vahzist at April 24, 2019 11:17 AM (dm05u)

487 You really want to make money?

Invest in guillotine futures.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:17 AM (oZ6kz)

488 You can make serious coin in that market but it is not for the casual investor.
Posted by: JackStraw at April 24, 2019 11:12 AM (/tuJf

-------

Absolutely. The best way is to personally know the people running the company, TBH. And having worked for one of these firms, I know that even the *honest* ones with *good* ideas are pretty risky.

Go ask any hotshot programmer in charge of a development team at one of these firms how many others they've been at that folded up.

Posted by: Yudhishthira's Dice at April 24, 2019 11:17 AM (5aX2M)

489 489 I can probably afford like two ounces.LOL

Posted by: vmom, anti-vahzist at April 24, 2019 11:17 AM (dm05u)

Silver is pretty cheap. Gold and platinum on the other hand...

Posted by: Someguy at April 24, 2019 11:18 AM (HUFx8)

490 "Let's let felons and inmates vote!"

"Let's not prosecute people stealing less than $700 worth of merchandise!"

Why the fuck do we even have laws anymore.

Just turn it into a damn free for all and see what happens.

I REALLY hate the left. With a passion.

Posted by: Sponge at April 24, 2019 11:18 AM (IXZGh)

491 488 Let John Kasich go ahead and run! He'll get the same 1% he did last time. And Hogan? Nobody outside of Maryland and the DC beltway has ever even heard of that guy.
Posted by: Tom Servo at April 24, 2019 11:17 AM (Kpl3J)

===========

I suspect they imagine it'll be like the 1968 Democratic Primary where the sitting president gets embarrassed by loses and declines to run.

Except...Trump didn't get us into a highly unpopular foreign war to drag his numbers down within the party.

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:18 AM (ANN96)

492 someone remind me to start buy___ in a couple of years...
Posted by: vmom, anti-vahzist at April 24, 2019 11:16 AM (dm05u)


As always, the best time to start is now, unless you have something else to do with the money

Posted by: Kindltot at April 24, 2019 11:18 AM (TN7xY)

493 Yeah, the current crop of losers the GOP could run to sabotage Trump would struggle to get 1% between all of them. Weld? Hogan? Fuck outta here.

But there are people out there who could siphon some votes if they ran.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:19 AM (oZ6kz)

494 495 someone remind me to start buy___ in a couple of years...
Posted by: vmom, anti-vahzist at April 24, 2019 11:16 AM (dm05u)

As always, the best time to start is now, unless you have something else to do with the money
Posted by: Kindltot at April 24, 2019 11:18 AM (TN7xY)

==========

What else am I gonna sleep on?

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:19 AM (ANN96)

495 "Let's not prosecute people stealing less than $700 worth of merchandise!"

Felon: What's in your wallet?

Posted by: pep at April 24, 2019 11:19 AM (wW03z)

496 And Hogan? Nobody outside of Maryland and the DC beltway has ever even heard of that guy.

Posted by: Tom Servo at April 24, 2019 11:17 AM (Kpl3J)


HO-GAN!!

Posted by: Col. Klink at April 24, 2019 11:19 AM (q1Pj5)

497 I worked for Pets.com in 1999 and 2000. The shit I saw was outrageous. Julie Wainwright is a criminal whose only "success" was in getting investments, then she'd let her completely unsustainable company inevitably collapse, then she and her executive team would just golden-parachute to the next scam.

Posted by: Rusty Nailby at April 24, 2019 11:19 AM (arFzD)

498 This here HQ comments section is social media. We come here to have interesting conversations with a bunch of pixels we become familiar with.

I find it a hoot that people use social media to tell people to get off social media.
Posted by: Bandersnatch at April 24, 2019 10:26 AM (fuK7c)

But it's intelligent social media. That right there distinguishes it from all the rest.

Posted by: Alberta Oil Peon at April 24, 2019 11:20 AM (TfwlC)

499 As always, the best time to start is now, unless you have something else to do with the money


Yep. Like planting a tree. When is the best time? Thirty years ago. When is the 2nd best time? Now.

Posted by: Grump928(C) at April 24, 2019 11:20 AM (2yfcr)

500 '"Let's not prosecute people stealing less than $700 worth of merchandise!"

Posted by: Sponge at April 24, 2019 11:18 AM (IXZGh)"

Does that include stuff taken from their own houses?

I pet you Nancy Pelosi has some nice scotch that's under $700 a bottle.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:20 AM (oZ6kz)

501 471 how exactly does one buy silver

and how does one sell it?
Posted by: vmom

There are tons of places that will sell it, somewhat less will buy it.

I used Gainesville Coins.
Posted by: blaster at April 24, 2019 11:12 AM (9VeU0)
----------

I've used Gainesville for both sides, buy and sell, and so far no issues.

Posted by: WisRich at April 24, 2019 11:20 AM (G0vdT)

502 Silver spot price is $15.04/oz, but they charge a little more to make a profit.

It's not something I sink all my money into, but it's good SMOD insurance.

Posted by: sniffybigtoe at April 24, 2019 11:20 AM (1ISKN)

503 wealth is an illusion
my cock is real

Posted by: Invisible Pimp Hand at April 24, 2019 11:21 AM (FTPVM)

504 What else am I gonna sleep on?

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:19 AM (ANN96)

Precious metals, like all real dragons. Commodity investment is speculation as it is not in a productive asset.

Posted by: Someguy at April 24, 2019 11:21 AM (HUFx8)

505 488 474 Republicans who don't like Trump's character but agree with most policies had better hold their noses and ignore any primary-the-president horseshit.

Posted by: Invisible Pimp Hand at April 24, 2019 11:12 AM (FTPVM)

I just can't believe these people. There's abundant evidence, and plenty of convictions that show that the GOP-e's appeals to morality were nothing but rank hypocrisy...

And yet, they'd rather have another of those hypocrites, to continue faking virtue while selling the country down the river, rather than a man who doesn't pretend to be Mr. Morals and instead focuses on policy.

Posted by: Cato, Media Delenda Est at April 24, 2019 11:21 AM (J+mig)

506 489 I can probably afford like two ounces.LOL
Posted by: vmom, anti-vahzist



That's what I try to do. One or two ounces a paycheck.

A one ounce silver round from APMEX, for example is $15.86 plus shipping.
A one ounce silver eagle from the US Mint is $17.45 plus shipping.

Posted by: rickb223 at April 24, 2019 11:21 AM (Yzubb)

507 Posted by: Invisible Pimp Hand at April 24, 2019 11:21 AM (FTPVM)

---------

OK, that got me. LOLOLOL.

Posted by: Yudhishthira's Dice at April 24, 2019 11:21 AM (5aX2M)

508 No love for JG Wentworth?

Posted by: Count de Monet at April 24, 2019 11:21 AM (q1Pj5)

509 wealth is an illusion
my cock is real
=====

I like your reality.

Posted by: Mayor Buttplug at April 24, 2019 11:21 AM (xE7+x)

510
Why the fuck do we even have laws anymore.



Just turn it into a damn free for all and see what happens.



I REALLY hate the left. With a passion.


If they refuse to enforce the law, why isn't there a big effort to recall them? And secondly, are they breaking any laws by refusing to enforce the law (which sounds sorta Catch-22-like, but it'd still be nice to have an answer to that)?

Posted by: BackwardsBoy says #PurgeProgressivismBAMN at April 24, 2019 11:22 AM (HaL55)

511 "Let's let felons and inmates vote!"

"Let's not prosecute people stealing less than $700 worth of merchandise!"

Why the fuck do we even have laws anymore.

Just turn it into a damn free for all and see what happens.

I REALLY hate the left. With a passion.
Posted by: Sponge

'Purge Night' was a piece of shitty fiction!! And these idiots are making it their platform!!

Posted by: George is pissed! at April 24, 2019 11:22 AM (rFmwm)

512 I mean sure in some way anybody talking to another flesh and blood person online is "social media" but it's silly to compare Facebook to bulletin boards in the 80's and early 90's or message boards from the late 90's and early 00's.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:22 AM (oZ6kz)

513 Does that include stuff taken from their own houses?

I pet you Nancy Pelosi has some nice scotch that's under $700 a bottle.
Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:20 AM (oZ6kz)


You'll have to ask the new DA of Dallas because he thinks he can just circumvent whatever state laws he wants.

Because laws are about "DON'T BE POOR!!!!"

Posted by: Sponge at April 24, 2019 11:22 AM (IXZGh)

514 I suppose we'll see how many among the Dems will start vocally supporting Medicare for All.

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:11 AM (oZ6kz)
-------------------------

Right now, with Medicare and Social Security only covering (for the most part) those over 65, it takes 45% of the federal budget to pay for these programs. And it still isn't enough.

Covering all 300million plus real Americans, and the 30 million illegals, will Venezuela the USA in no time at all.

Posted by: Boots at April 24, 2019 11:22 AM (e9omi)

515 448 I'm not sure, if their internal polls showed more moderate positions polling well among traditional Dem voting blocs, wouldn't they have tried messaging on some of those positions, I dunno, at any single point in the last 2 1/2 years?

Posted by: Broseidon - New Work Computer, Same Work Ethic at April 24, 2019 11:08 AM (oZ6kz)


But they are running now for the Dem nomination, not for POTUS. Each of them will kill their children, parents, spouse, pets, etc., to get the nomination. One step at a time.

They are so close to the gold ring (compared to 99.99999 percent of all other politicians in the country) that rational thinking is impossible for them. Also, Trump could die of a heart attack or something between now and Nov. 2020. Each of the Dems believes he/she would wipe out Pence no matter what policies they proclaim. Better some chance than no chance, for a career politician.

Posted by: Gref at April 24, 2019 11:22 AM (AMIL/)

516 517
Right now, with Medicare and Social Security only covering (for the most part) those over 65, it takes 45% of the federal budget to pay for these programs. And it still isn't enough.

Covering all 300million plus real Americans, and the 30 million illegals, will Venezuela the USA in no time at all.
Posted by: Boots at April 24, 2019 11:22 AM (e9omi)

=============

"But it's the right thing to do! Why do you hate sick people!"
-Actual winning political argument

Posted by: TheJamesMadison, Read Some Movie Thoughts at April 24, 2019 11:23 AM (ANN96)

517 I can probably afford like two ounces.LOL

Posted by: vmom, anti-vahzist at April 24, 2019 11:17 AM (dm05u)

Silver is pretty cheap. Gold and platinum on the other hand...
Posted by: Someguy


Platinum is cheap compared to gold or palladium.

Posted by: rickb223 at April 24, 2019 11:23 AM (Yzubb)

518 Primate Prime

Posted by: Grump928(C) at April 24, 2019 11:24 AM (2yfcr)

519 Like I said, for the ones I know, it's about destroying the lives of people they hate or consider "unworthy" of life.

As Solzhenitsyn said: The gulags were not an unfortunate side effect of Communism, they were the whole point of Communism.

Posted by: An Observation at April 24, 2019 11:24 AM (3nknU)

520 The Chicago way.

Illinois Gov. Pritzker under investigation for ~checks notes~ uninstalling all the toilets from his mansion-annex for a tax break

-
No toilets = unhabitable = much lower property tax.

-
BREAKING: 101 days into office, @JBPritzker is under FEDERAL CRIMINAL INVESTIGATION for his toilet removal "scheme to defraud" taxpayers, which lowered the property tax bill on Pritzker's Chicago mansion by $331,000.

Posted by: Anonosaurus Wrecks, Tyrannosaur Wrangler at April 24, 2019 11:24 AM (+y/Ru)

521 "Hunt Brothers" is a leading brand of convenience-store pizza.

A market, I'll bet, nobody thought you could "corner."


Posted by: Your Brother-in-Law at April 24, 2019 11:24 AM (8ZmvG)

522 Right now, I'd desperately like to invest of in a plate of linguine or goulash with dumplings.

#FourDays

Posted by: Yudhishthira's Dice at April 24, 2019 11:24 AM (5aX2M)

523 Right now, with Medicare and Social Security only covering (for the most part) those over 65, it takes 45% of the federal budget to pay for these programs. And it still isn't enough.

Covering all 300million plus real Americans, and the 30 million illegals, will Venezuela the USA in no time at all.
Posted by: Boots


Nah. Not expensive at all.
Not when you routinely deny 328 million people care.

Posted by: rickb223 at April 24, 2019 11:25 AM (Yzubb)

524 525 Right now, I'd desperately like to invest of in a plate of linguine or goulash with dumplings.

#FourDays

Posted by: Yudhishthira's Dice at April 24, 2019 11:24 AM (5aX2M)

Are you fasting?

Posted by: Someguy at April 24, 2019 11:26 AM (HUFx8)

525 08 183 The second rule of investing is that stocks and bonds were designed to be sold.
..

1. I would avoid individual stocks, unless it's a very small amount of your overall portfolio.

2. Was that "rule" made up by a money manager who nets a commission every time you sell?

Buy and hold long-term. It's far more fruitful and efficient.

I take what the market gives me I don't try to beat it.
Posted by: HA at April 24, 2019 10:17 AM (MAstk


Yup. Invest for the long term. Set up an ongoing investment in Class A stocks and moderate growth stocks and then forget about it.

I haven't been disappointed yet, even in the down times.

Posted by: Sooner at April 24, 2019 11:26 AM (Fs5vw)

526 Are you fasting?
Posted by: Someguy at April 24, 2019 11:26 AM (HUFx

---------

*sigh*

Yes. From wonderful, life affirming leaven.

Posted by: Yudhishthira's Dice at April 24, 2019 11:27 AM (5aX2M)

527 so when I look at something like

https://www.kitco.com/market/

it shows Bid Price and Ask.Price
what or where is Spot price? (which I assume is between those two)

Posted by: vmom, anti-vahzist at April 24, 2019 11:27 AM (dm05u)

528 >>521 Primate Prime Posted by: Grump928(C) at April 24, 2019 11:24 AM (2yfcr)

That's Charlie Sheen's nickname in the bathsalt gorilla cavalry. He's the boss.

Posted by: Zod at April 24, 2019 11:27 AM (Bdeb0)

529 Nah. Not expensive at all.
Not when you routinely deny 328 million people care.
Posted by: rickb223 at April 24, 2019 11:25 AM (Yzubb)

And if you deny everybody care, you can spend the program budget on 6 figure bureaucrat salaries and bonuses.

Posted by: Cato, Media Delenda Est at April 24, 2019 11:28 AM (J+mig)

530 530 so when I look at something like

https://www.kitco.com/market/

it shows Bid Price and Ask.Price
what or where is Spot price? (which I assume is between those two)

Posted by: vmom, anti-vahzist at April 24, 2019 11:27 AM (dm05u)

Spot price is the average of bid and ask. You pay the ask and sell at the bid.

Posted by: Someguy at April 24, 2019 11:29 AM (HUFx8)

531 And secondly, are they breaking any laws by refusing to enforce the law
(which sounds sorta Catch-22-like, but it'd still be nice to have an
answer to that)?


What they are doing is violating their oaths of office. Like it is prosecutorial discretion to have NEVER used 18 U.S. Code 241 to protect ANY of the bill of rights in that law's 149 year history. (By the way, that fact is the basis for my DOJ IG complaint - which is being investigated.)

Posted by: An Observation at April 24, 2019 11:29 AM (3nknU)

532 The size of the spread(difference between ask and bid) varies over time so people cite the spot.

Posted by: Someguy at April 24, 2019 11:30 AM (HUFx8)

533 523 The Chicago way.

Illinois Gov. Pritzker under investigation for ~checks notes~ uninstalling all the toilets from his mansion-annex for a tax break

-
No toilets = unhabitable = much lower property tax.

-
BREAKING: 101 days into office, @JBPritzker is under FEDERAL CRIMINAL INVESTIGATION for his toilet removal "scheme to defraud" taxpayers, which lowered the property tax bill on Pritzker's Chicago mansion by $331,000.

Posted by: Anonosaurus Wrecks, Tyrannosaur Wrangler at April 24, 2019 11:24 AM (+y/Ru)
----------


Yup. This little factoid was discovered by former Governer Rauner (R-IL) and used in his failed re-election campaign.

I couldn't figure out how JB Pritzker got away with such blatant behavior, but he's an Illinois Dem so of course he did.

But he used the U.S. mail to receive his refund from Cook County, and that gets the feds involved. Let's see if anything comes of it.

Posted by: Boots at April 24, 2019 11:32 AM (e9omi)

534 Right now, with Medicare and Social Security only covering (for the most
part) those over 65, it takes 45% of the federal budget to pay for
these programs. And it still isn't enough.


Most Social Security payments are not to the elderly. Most of that money is going to people under 65 with 'disabilities'.

Posted by: An Observation at April 24, 2019 11:33 AM (3nknU)

535 Posted by: An Observation at April 24, 2019 11:29 AM (3nknU)

--------

I hate that. We have these unenforced laws on the books, and people always say "we never use them because they're unenforceable."

WTF? Then use them, or get them off the books for chrissakes.

In the case of 18 USC 241, it's not unenforceable. It's not unconstitutional. It's that government doesn't WANT to enforce it, because it could be used against their own precious little selves.

Posted by: Yudhishthira's Dice at April 24, 2019 11:36 AM (5aX2M)

536
I couldn't figure out how JB Pritzker got away with such blatant behavior, but he's an Illinois Dem so of course he did.

----------

My favorite is "Man of the People" Bruce Springsteen. He bought an adjacent vacant lot to his mansion, and planted something-or-other on it, then used his pull in NJ to get the place re-zoned as a farm, to cut his taxes down to "jack shit."

Posted by: Yudhishthira's Dice at April 24, 2019 11:39 AM (5aX2M)

537 517 I can probably afford like two ounces.LOL

Posted by: vmom, anti-vahzist at April 24, 2019 11:17 AM (dm05u)

Silver is pretty cheap. Gold and platinum on the other hand...
Posted by: Someguy


Platinum is cheap compared to gold or palladium.
Posted by: rickb223 at April 24, 2019 11:23 AM (Yzubb)

In that click-bait titled book 'Secrets of SHTF Survival' there is actually a ton of useful thoughts from real life.

One is that having precious metals in ring form make it easier to trade or bribe. As having a 'wedding ring' to bribe with is less likely to get you tracked and robbed than bullion or coins. So he suggested putting your previous metal collection into rings.

Food for thought, dark thoughts.

Posted by: Mark Andrew Edwards, Angry, Radical, Anti-Liberal, and Dangerous: buy ammo at April 24, 2019 11:40 AM (bcbK8)

538 >>Used to spend two weeks every February on Big Torch, right on Niles channel. Great grouper fishing in the channel itself. 15 to 25 lb gag grouper in 20 feet of water. When the Feds closed grouper to May 1st, I quit going.

We launched at a little ramp down on Little Torch on Saturday a couple weeks ago with the plan to target tarpon. Literally 10 feet off the dock a juvenile was rolling and we took this as a good omen. It was not.

We got plenty of other stuff but got skunked on the tarpon. Headed back to the ramp in the afternoon and what did we see? The same damn juvenile tarpon rolling right off the dock. We should have just stayed and fishing the canal.

Posted by: JackStraw at April 24, 2019 11:42 AM (/tuJf)

539 oh and nood, if you're lame like me and didn't check earlier

Posted by: Mark Andrew Edwards, Angry, Radical, Anti-Liberal, and Dangerous: buy ammo at April 24, 2019 11:45 AM (bcbK8)

540 In the case of 18 USC 241, it's not unenforceable. It's not
unconstitutional. It's that government doesn't WANT to enforce it,
because it could be used against their own precious little selves.


Yep.

Posted by: An Observation at April 24, 2019 11:51 AM (3nknU)

541 So....needle, pill or gas chamber.

Posted by: BignJames at April 24, 2019 11:11 AM (ykq7q)
There is the lucid comment I was expecting from someone, and you didn't disappoint. Not supplying a very expensive medication that is not going to save someone or even improve their quality of life by much is KILLING. Give me my free shit.

Posted by: BarcelonaCarmen at April 24, 2019 11:52 AM (+CiEK)

542 Notre Dame rebuilding crew,one reading Figaro the other preparing horsies for sammiches,bitches bringing the bordeaux...NO WORKERS NEED APPLY.

Posted by: saf at April 24, 2019 03:55 PM (5IHGB)

543 And now for a few rounds of Five Oclock World and Taking Care of Buisness

Posted by: Tamaa the Drongo Bird at April 24, 2019 04:31 PM (wGqjj)

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