| Support
Contact
Ace:
aceofspadeshq at gee mail.com CBD: cbd at cutjibnewsletter.com Buck: buck.throckmorton at protonmail.com joe mannix: mannix2024 at proton.me MisHum: petmorons at gee mail.com J.J. Sefton: sefton at cutjibnewsletter.com | Wednesday Morning Rant![]() You know, Paul, Reagan proved that deficits don't matter. We won the mid-term elections, this is our due. Per Secretary O'Neill, Vice President Cheney said that to him in the winter of 2002, after the midterms and just before George W. Bush handed him his walking papers at the end of the year. There was no room for anyone remotely hawkish in the Bush 43 administration. They were buying votes, consequences be damned. Cheney and all like him were wrong about limits. Deficits do matter. There are three unspoken words that must be tacked on to the end of Cheney's statement in order to make it accurate. He should have said, "deficits don't matter for a while." The game can go on for some time - and the US government was able to play a much longer game than most, for a number of reasons - but "for a while" eventually reaches its end. Well, we've reached the end of "for a while." Net interest costs were $659 billion in FY23. Interest is the sixth-largest spending category in the federal budget, and is an ever-increasing cost both because of rising interest rates and because we keep compounding the problem. It has become unmanageable, and nothing can be done to reduce it without driving the budget back into surplus. The bond market is not going to reduce interest rates, and the Fed can't force it to. If the Fed decides to end-run the market and just monetizes the debt directly, it can bring down interest expense but at the cost of more inflation, which demands more spending, which produces yet more inflation, etc. The Fed can't fix this. But the interest is a symptom, not the core problem. Assuming that the only things the government paid for were Social Security, Medicare/Medicaid, defense, other welfare and interest, we're still a trillion bucks in the hole. Government finances are so grossly overextended that even flat-out canceling most of it isn't enough. It is akin to a bankrupt individual cutting out the $5/day donut habit when the real problem is that he can't afford his multi-million-dollar house and fleet of exotic cars anymore - that he can't afford his lifestyle anymore and, bluntly, never could. There is no fixing this without the equivalent of getting rid of that house and those cars and digging out from under the debt. In US government finance terms, that means dealing with Medicare and Medicaid. Receipts from the dedicated tax in FY23 were just $343 billion, compared to $1,737 billion in medical spending (Medicare is about half that, the rest is Medicaid and other health services). Medical spending alone ran a deficit of $1,394 billion, or about 82% of the total budget deficit. The rest is mostly in Social Security, which has program deficits representing about 15% of the total budget deficit and it can be fairly easily fixed. It would be politically unpopular, but there are a number of ways to shore up Social Security and keep the program. The elephantine medical spending problem, however, cannot be fixed with modest changes. It is so large that without massive changes, it eliminates the possibility of controlling the deficit or even of the United States continuing as a going concern. It is, for all intents and purposes, the entire problem. There are several ways to do this, ranging from massive reforms throughout the medical industry to bring overall costs down in combination with ruthless cutting within the programs and outright cancellation of many CMS functions (likely including the elimination of Medicaid as an ongoing program), to nationalization of the entire medical industry along with new tax sources so that access can then be rationed to contain costs. But don't bet on either. Ending deficit spending is wildly unpopular politically and the system-wide balance of power, fear, dependence and corruption can't survive a multi-trillion-dollar reduction in spending. Too many rice bowls get shattered at all levels. Grinding the US federal budget back into surplus so the debt can be managed will probably cause at least a 20% hit to GDP, at least half of it in the medical industry. Nobody wants to be the guy who's legacy is "caused an economic depression." So the US government will probably just nibble at the edges. It will cut out the $5/day donut habit while trying to continue financing a lifestyle it cannot and never could afford. This will go on until the bond market enforces austerity or the whole damn thing just falls apart under the weight of failed obligations and opportunistic outsiders eager to carve off a piece of the corpse for themselves. It's tidy austerity now or messy austerity - maybe even messy up to the point of collapse - later. The US government will not under any circumstances choose austerity now.Comments(Jump to bottom of comments)1
1st?
Posted by: Bulgaroctonus at May 29, 2024 11:01 AM (v6JzV) 2
last
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:01 AM (GBKbO) 3
st!
Posted by: RedMindBlueState at May 29, 2024 11:01 AM (ZANHd) 4
*kicks rock*
Posted by: RedMindBlueState at May 29, 2024 11:01 AM (ZANHd) 5
Worst!
Posted by: XTC at May 29, 2024 11:02 AM (UnA8+) 6
Mornin' 'rons.
Posted by: Formerly Virginian at May 29, 2024 11:02 AM (JMAcK) 7
Politicians got used to massive grift. It ain't going away.
Posted by: Martini Farmer at May 29, 2024 11:02 AM (Q4IgG) 8
1 1st?
Posted by: Bulgaroctonus at May 29, 2024 11:01 AM (v6JzV) 2 last Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:01 AM (GBKbO) *** But first in the hearts of the Hordelings. Posted by: Diogenes at May 29, 2024 11:02 AM (W/lyH) 9
Sooner or later you run out of other people's money.
~M.T. Yup, they've been spending like drunken sailors as long as I've been alive and now it is going to come due. How do the people of the U.S. recover any money from all these charlatans and grifters? Posted by: AZ deplorable moron at May 29, 2024 11:03 AM (xd08e) 10
Hey! You know the rules! No math!
Posted by: Anonosaurus Wrecks, I've Been Through the Desert On a Horse With No Shame at May 29, 2024 11:03 AM (L/fGl) 11
Nobody wants to be the guy who's legacy is "caused an economic depression."
--- Nobody WANTS to be that guy, but sooner or later that guy is going to appear, as the music stops and he's the only one still without a chair... Posted by: "Perfessor" Squirrel at May 29, 2024 11:03 AM (si1C0) 12
The US government will not under any circumstances choose austerity now.
I doubt the US government can even spell austerity. Posted by: Archimedes at May 29, 2024 11:03 AM (xCA6C) 13
https://x.com/realchrisrufo/status/1795115234325061994
Posted by: SMOD at May 29, 2024 11:04 AM (RHGPo) 14
>>The US government will not under any circumstances choose austerity now.
What, and not continue to send billions to Ukraine to Save Our Democracy(tm)?! You, sir, are no patriot! Posted by: Lizzy at May 29, 2024 11:04 AM (cCVOS) 15
Off the discussion of an "Invisible Man" plastic assembly kit in the last thread, apparently you can buy one:
https://tinyurl.com/26f8v5hb Grrr. Kits like that cost .98 (that's ninety-eight *cents*) in 1962. Posted by: Wolfus Aurelius, Dreaming of Elsewhere at May 29, 2024 11:04 AM (J2vNu) 16
The US government will not under any circumstances choose austerity now.
I doubt the US government can even spell austerity. Posted by: Archimedes at May 29, 2024 11:03 AM (xCA6C) This. I do not believe it will ever get better. Inertia is a thing, and that is allwe got going for us now. Posted by: Diogenes at May 29, 2024 11:05 AM (W/lyH) 17
We need to pass a law that anyone who has voted in favor of deficit spending in excess of 2% of GDP is barred from running for office again.
I can dream. Posted by: Archimedes at May 29, 2024 11:05 AM (xCA6C) 18
Eventually, austerity chooses you.
Posted by: sniffybigtoe at May 29, 2024 11:05 AM (JTwsP) 19
I nooded, for all you non-nooding nogoodniks above me.
Posted by: Duncanthrax at May 29, 2024 11:05 AM (a3Q+t) 20
Crash the economy and monetary and its starting over tje Marxists want
Posted by: Skip at May 29, 2024 11:05 AM (W8wJD) 21
How do the people of the U.S. recover any money from all these charlatans and grifters?
Posted by: AZ deplorable moron at May 29, 2024 11:03 AM (xd08e) ++++ They don't. It's gone. What wasn't wasted was stolen. On thing that people generally assume to be possible is that there can be equitable or fair unwinding and retrenching. There can't be. The fix - whether it's done intentionally by brave men or whether it happens as the titanic axle of state grinds to a halt under the weight of its own inaction - will *not* be fair. It will be brutal, and it's likely that those least able to shoulder the burden will find it falling onto their backs. When he decides its time to be paid, the piper doesn't much care from whom he collects. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:06 AM (d04cU) 22
20 Crash the economy and monetary and its starting over tje Marxists want
Posted by: Skip at May 29, 2024 11:05 AM (W8wJD) Don't forget the Mass Die-Offs. Posted by: XTC at May 29, 2024 11:06 AM (UnA8+) 23
Yup, they've been spending like drunken sailors as long as I've been alive and now it is going to come due.
How do the people of the U.S. recover any money from all these charlatans and grifters? Posted by: AZ deplorable moron at May 29, 2024 11:03 AM (xd08e) As a drunken sailor, I have to say, I really don't think this is an appropriate analogy. Drunken sailors stop spending when their money runs out. The government NEVER stops spending. Posted by: Washington Nearsider at May 29, 2024 11:06 AM (/nCD+) Posted by: Dantes at May 29, 2024 11:07 AM (fVKtH) 25
https://x.com/realchrisrufo/status/1795115234325061994
Posted by: SMOD at May 29, 2024 11:04 AM (RHGPo) Boo hoo. Who did you vote for? Posted by: Archimedes at May 29, 2024 11:07 AM (xCA6C) 26
Milei weapons at 20 paces!
Posted by: stu-mick-o-sucks at May 29, 2024 11:07 AM (w9Wax) 27
We are a fundamentally unserious people, who have been bought by our version of bread and circuses.
If you have an empire with the surrounding colonies/provinces providing money to your central government, you can get away with buying off the populace. We don't have that. Our "empire" is a net drain on our resources. Further, we haven't had adults in charge of our government in 90+ years. The prevailing idea is that "in the long run, we're all dead!!", meaning who cares about the long-term consequences, let's get what we can now. Well, the long-term is REALLY close now. But we have EVEN WORSE leaders than we've ever had in this country. We are under God's judgement- and that judgement is to let us reap what we've sown ourselves. ONLY a miracle will save this country now. Posted by: Formerly Virginian at May 29, 2024 11:07 AM (JMAcK) 28
>https://x.com/realchrisrufo/status/1795115234325061994
Shorter David Austin Walsh: "Give some other dude's position to a DEI hire - not mine!!" Posted by: Lizzy at May 29, 2024 11:08 AM (cCVOS) 29
When he decides its time to be paid, the piper doesn't much care from whom he collects.
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:06 AM (d04cU) This is the part that sincerely worries me. We are - all of us - only four consecutive missed meals away from savagery. What happens when tens of thousands of people find themselves there at the same time? Posted by: Washington Nearsider at May 29, 2024 11:08 AM (/nCD+) 30
21 When he decides its time to be paid, the piper doesn't much care from whom he collects.
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:06 AM (d04cU) Better Dead than Red. Posted by: XTC at May 29, 2024 11:08 AM (UnA8+) 31
What, and not continue to send billions to Ukraine to Save Our Democracy(tm)?!
You, sir, are no patriot! Posted by: Lizzy at May 29, 2024 11:04 AM (cCVOS) ++++ Ukraine is just the shitty icing on a shit cake. But it is representative of how the US government operates. There's no end. The spigot is infinite. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:08 AM (d04cU) Posted by: Lizzy at May 29, 2024 11:09 AM (cCVOS) 33
It will be brutal, and it's likely that those least able to shoulder the burden will find it falling onto their backs.
I wonder. I know who is going to get hit when SS implodes. It won't be the poor - it'll be means testing all the way down, and that means me. I know why the government became hysterical when I declined Medicare Part B. It's because I'm the one paying for everyone else. Posted by: Archimedes at May 29, 2024 11:09 AM (xCA6C) 34
Everything you write makes sense Joe. Any sensible economist would agree. I, however, can’t shake the sense that reality for the past 45 years does not conform to the theory. Maybe “awhile” is 50 years (or longer)…. I’ve been hearing doomsday predictions about deficits my entire adult life… since the days of Jimmy Carter. I’ve yet to see Weimar-type inflation…. So I don’t know, maybe my head is buried in the sand but I really don’t expect collapse or apocalypse….. something like the inflation we have now or a bit worse maybe
Posted by: LinusVanPelt at May 29, 2024 11:09 AM (EJ1D2) 35
But it is representative of how the US government operates. There's no end. The spigot is infinite.
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:08 AM (d04cU) Nothing is so permanent as a temporary government program. - M. Friedman Posted by: Washington Nearsider at May 29, 2024 11:10 AM (/nCD+) 36
The US government will not under any circumstances choose austerity now.
The US gov or, in fact, the US population addicted to entitlements? Entitlements are 60% of spending. Good luck running on cutting that. The dems and Gopes have been taking turns driving the flaming cart, each hoping that when it gets out of control, he won't be the one driving at the time. One or both of these parties won't exist in 2100. Posted by: weft cut-loop at May 29, 2024 11:10 AM (IG4Id) 37
I nooded, for all you non-nooding nogoodniks above me.
Posted by: Duncanthrax We knew you were covering for us and didn't want to steal your thunder. Posted by: AZ deplorable moron at May 29, 2024 11:10 AM (xd08e) 38
Wonderful Rant!
Imagine no Ukrainian-Russian civil war to drive the US and EU economies and 2024 elections. And there must be a great Ukrainian Marshall Plan following, too. The new "in" jobs, Monitoring, Evaluation and Learning (MEL) - like DIE management - can only support so many desk sitters in the near future. Posted by: L - If they do it with you, they'll do it to you, too at May 29, 2024 11:10 AM (NFX2v) 39
I do not believe it will ever get better. Inertia is a thing, and that is allwe got going for us now.
Posted by: Diogenes at May 29, 2024 11:05 AM (W/lyH) "There's a lot of ruin in a nation"- Adam Smith We're on a mission to find out just how much ruin there is. Posted by: Formerly Virginian at May 29, 2024 11:10 AM (JMAcK) 40
The easiest way out is to do a stealth default on all debt by bringing on 100% per year inflation. Of course the country won’t survive that as a nation, and will most likely break up into several successor states.
Posted by: Tom Servo at May 29, 2024 11:11 AM (Gwz8o) 41
Sure, nationalizing an industry always reduces costs....
I'll have what you are smoking. Posted by: Dantes at May 29, 2024 11:07 AM (fVKtH) ++++ Oh, it won't work for long, but it would fix the balance sheet in the near term. Nationalize the medical system, fire about a quarter of the people working in it, get the assets of medical insurers, levy a new tax approximately equal to the median medical insurance premium, close a bunch of facilities and start rationing access. It would shore up the financial picture for a few years. It ends in disaster and doesn't take very long, but it would help in the short term from a government finance standpoint and if that's *all* you're considering (and don't care about access, waits, outcomes, availability, long-term effects, etc.), it might even look like a good idea. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:11 AM (d04cU) 42
>>What happens when tens of thousands of people find themselves there at the same time?
[insert video from Walmart when EBT funds were temporarily unavailable to shoppers due to a glitch] We know what happens. . . and the effect's been exponentially increased thanks to the open borders 'n benefits bonanza the past few years. *shudders* Posted by: Lizzy at May 29, 2024 11:11 AM (cCVOS) 43
Record levels of credit card debt, so I guess citizens are just copying their government. On a more serious note, what is the theme of this weeks Morning Rant?
Posted by: The Impossible Theme at May 29, 2024 11:12 AM (V5BDR) 44
36 The US gov or, in fact, the US population addicted to entitlements? Entitlements are 60% of spending. Good luck running on cutting that.
The dems and Gopes have been taking turns driving the flaming cart, each hoping that when it gets out of control, he won't be the one driving at the time. One or both of these parties won't exist in 2100. Posted by: weft cut-loop at May 29, 2024 11:10 AM (IG4Id) ======== Paul Ryan, fiscal hawk, in his mythical budget to balance things in 50 years, didn't seriously touch entitlements. And he wanted to push grandma off a cliff. When entitlements get cut, everyone here is going to have to take a haircut. A significant haircut. And that comment is going to get angry replies because "cut theirs, not mine" is what passes for fiscal conservatism today. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:12 AM (GBKbO) 45
Drunken sailors stop spending when their money runs out. Posted by: Washington Nearsider That's new, we used to hit up the guy that still had money until all of us were broke and then stagger back to the ship to sleep it off. Posted by: AZ deplorable moron at May 29, 2024 11:12 AM (xd08e) 46
FedGov seldom, if ever, rolls back policies it has created. Bad ones still exist even if they're not actively being implemented. Because the "next guy" might want to reverse some things and the tools are just sitting right there waiting to be used.
They're like every national emergency that's ever been enacted and the various powers that FedGov suddenly arms itself with that never, ever go away. Posted by: Martini Farmer at May 29, 2024 11:12 AM (Q4IgG) 47
One or both of these parties won't exist in 2100. Either will I
Posted by: doug at May 29, 2024 11:13 AM (8/lc0) 48
Yeah I think this is the correct assessment. Unfortunately, the reality of human nature is that it will require some kind of crisis to change behavior. I personally believe that we reached our Wile E Coyote moment in 2008 and we've been zooming over the edge of the cliff, telling ourselves to not look down. But I have to admit that keeping this thing going 15 years is longer than I expected. I do believe, however, that when things cannot go on forever, at some point they won't. The danger is not really in the coming fiscal crisis - we could use some deadwood burned out - it's what the people in charge will do in the face of the next crisis. Because most of them represent the deadwood - it will be existential for them.
Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 11:13 AM (5C4od) 49
Everything you write makes sense Joe. Any sensible economist would agree. I, however, can’t shake the sense that reality for the past 45 years does not conform to the theory. Maybe “awhile” is 50 years (or longer)…. I’ve been hearing doomsday predictions about deficits my entire adult life… since the days of Jimmy Carter. I’ve yet to see Weimar-type inflation…. So I don’t know, maybe my head is buried in the sand but I really don’t expect collapse or apocalypse….. something like the inflation we have now or a bit worse maybe
Posted by: LinusVanPelt at May 29, 2024 11:09 AM (EJ1D2) "There's a lot of ruin in a nation"- Adam Smith We're on a mission to find out just how much ruin there is. Posted by: Formerly Virginian at May 29, 2024 11:10 AM (JMAcK) Posted by: Formerly Virginian at May 29, 2024 11:13 AM (JMAcK) 50
People like to say “hard choices must be made” but in fact they don’t have to be. It’s just that when they’re not made then hard things happen without anyone making a choice.
Posted by: Tom Servo at May 29, 2024 11:13 AM (Gwz8o) 51
neither
Posted by: doug at May 29, 2024 11:13 AM (8/lc0) 52
{He should have said, "deficits don't matter for a while."}
Honestly -- I've been hearing about the impending doom of deficit spending about as long as I've been hearing about the impending doom of how we treat the environment. Has either one actually broken anything?? Certainly more likely that deficit spending will eventually matter -- probably something immediate and drastic will happen (whatever the 21st century event is that can be along the lines of the 1929 stock market crash). Then the same government that put us there will be in full confiscation of wealth mode. It will likely be more severe than anything we've seen. They overreach of government during the COVID times will look tame. But the ongoing deficit spending doesn't affect ordinary people on a day to day basis. So it will continue unabated. Until it's too late. Posted by: Doof at May 29, 2024 11:14 AM (v6Olo) 53
Record levels of credit card debt, so I guess citizens are just copying their government. On a more serious note, what is the theme of this weeks Morning Rant?
Posted by: The Impossible Theme at May 29, 2024 11:12 AM (V5BDR) I view this as the one good thing to come out of me losing my federal position: I cashed out my TSP and am - with the exception of my mortgage - entirely debt free. Inflation will only make debt worse, and the only way out is through. My kids and I will have an easier time of it, though, without those crushing payments. Posted by: Washington Nearsider at May 29, 2024 11:14 AM (/nCD+) 54
Everything you write makes sense Joe. Any sensible economist would agree. I, however, can’t shake the sense that reality for the past 45 years does not conform to the theory. Maybe “awhile” is 50 years (or longer)…. I’ve been hearing doomsday predictions about deficits my entire adult life… since the days of Jimmy Carter. I’ve yet to see Weimar-type inflation…. So I don’t know, maybe my head is buried in the sand but I really don’t expect collapse or apocalypse….. something like the inflation we have now or a bit worse maybe
Posted by: LinusVanPelt at May 29, 2024 11:09 AM (EJ1D2) ++++ We haven't been doing it for 40 years, we've been doing it for about 20 in terms of a regular thing every year. We got more out of the tank than anybody could ever hope to achieve. The US, by virtue of its gigantic economy, security empire, reserve currency status, sterling credit and willingness to shift people from "productive worker" to "welfare recipient" status and treat them as equal kept the plates spinning for a long time. One after another, those dominoes fell, and the inability to sequester the excess in growing trade flows has probably ended the party. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:15 AM (d04cU) 55
That's new, we used to hit up the guy that still had money until all of us were broke and then stagger back to the ship to sleep it off.
Posted by: AZ deplorable moron at May 29, 2024 11:12 AM (xd08e) Yeah, that's fair. I guess I should revise and extend my remarks to clarify that drunken sailors only spend until the drunken sailors have no more money. There's no magical money printer blasting out more millions. Posted by: Washington Nearsider at May 29, 2024 11:15 AM (/nCD+) Posted by: Dr. Claw at May 29, 2024 11:15 AM (jbnUc) 57
Austerity? U.S. Government? Those words never work in the same sentence.
The only time I can think the U.S. Government did budget austerity was after WWI, during the Harding Administration. Posted by: Ganowicz Commie Exterminators, LTD. at May 29, 2024 11:15 AM (f87vz) 58
The only answer I can think of is the Mosaic concept of "jubilee", honestly. A full debt reset, globally, followed by a complete rework of systems, geared toward honesty and reality.
Posted by: Taq, Rickrolled by Jesus at May 29, 2024 11:16 AM (iRX3h) 59
So it will continue unabated. Until it's too late.
Posted by: Doof at May 29, 2024 11:14 AM (v6Olo) That which can't continue, won't. Posted by: Washington Nearsider at May 29, 2024 11:16 AM (/nCD+) 60
Nobody wants to be the guy who's legacy is "caused an economic depression."
--- Nobody WANTS to be that guy, but sooner or later that guy is going to appear, as the music stops and he's the only one still without a chair... Posted by: "Perfessor" Squirrel at May 29, 2024 11:03 AM (si1C0) Which is why I am convinced that if Trump 'wins' the election, it is because the powers that be want him (and by extension the GOP) to take all the blame for the economic collapse. Posted by: Mary Poppins' Practically Perfect Piercing at May 29, 2024 11:17 AM (Q0kLU) 61
... Certainly more likely that deficit spending will eventually matter -- probably something immediate and drastic will happen (whatever the 21st century event is that can be along the lines of the 1929 stock market crash). Then the same government that put us there will be in full confiscation of wealth mode. It will likely be more severe than anything we've seen. ...
Posted by: Doof at May 29, 2024 11:14 AM (v6Olo) ++++ How is that still a "deficits don't matter" conclusion? What you're describing is entirely possible, but that would be a final blow-off due to the underlying problem. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:17 AM (d04cU) 62
I’m not sure I will see the end of the United States myself - I hope I die before we get there - but I’m absolutely convinced that my grandson will live through it, and I feel sadness and a sense of guilt for having been part of the people who will make his life much harder than it could have been.
Posted by: Tom Servo at May 29, 2024 11:17 AM (Gwz8o) 63
Ya know, I had always thought Cheney was the grown up in that administration and his kids were the screwups. Apple, tree, some proximity required.
Posted by: Oddbob at May 29, 2024 11:17 AM (lK3kz) 64
It's time to pay the fiddler,
But before we pay the fiddler, Let's ask him to play us one last final tune. Bom, bom, bom.... Posted by: Zombie Conway Twitty at May 29, 2024 11:17 AM (V5BDR) 65
Money is no longer a measure of actual wealth, it's just a measure of itself.
Posted by: Warai-otoko at May 29, 2024 11:18 AM (BpZ5k) 66
There is also a very non-zero chance that should Trump get elected in November, the powers that be will use that as an opportunity to crash the system under Trump, so that they get the much needed reset, and a bonus of ensuring that "his kind will not rise again"
I also believe that explains much of the erratic behavior of institutions during Covid. Is it an existential crisis where we all have to come together and work with a common cause to overcome adversity? Or is it merely an opportunity to ding our domestic political enemies? Seems pretty obvious which road our betters chose. Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 11:18 AM (5C4od) 67
So it will continue unabated. Until it's too late.
Posted by: Doof at May 29, 2024 11:14 AM (v6Olo) That which can't continue, won't. Posted by: Washington Nearsider at May 29, 2024 11:16 AM (/nCD+) The guy falling over the cliff on that Price is Right game comes to mind Posted by: Doof at May 29, 2024 11:18 AM (v6Olo) 68
Which is why I am convinced that if Trump 'wins' the election, it is because the powers that be want him (and by extension the GOP) to take all the blame for the economic collapse.
Posted by: Mary Poppins' Practically Perfect Piercing at May 29, 2024 11:17 AM (Q0kLU) ++++ I don't think fiscal collapse is imminent, but I could well be wrong. I think it's several years out still, perhaps as long as a decade. But a major economic downturn probably is, which is one of several reasons that I think the Party might just let Trump win. Let him hold the bag. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:18 AM (d04cU) 69
The only time I can think the U.S. Government did budget austerity was after WWI, during the Harding Administration.
Posted by: Ganowicz Commie Exterminators, LTD Poor Harding. He gets a bad rap, because he had the temerity to follow Woody Effing Wilson. He actually did some decent things as President. And he gave us silent Cal, who was awesome. Posted by: Bulgaroctonus at May 29, 2024 11:19 AM (v6JzV) 70
69 Poor Harding. He gets a bad rap, because he had the temerity to follow Woody Effing Wilson. He actually did some decent things as President. And he gave us silent Cal, who was awesome.
Posted by: Bulgaroctonus at May 29, 2024 11:19 AM (v6JzV) ======== But his cabinet were crooks, so that means he's the worst. Never mind that FDR's VP was an outright communist. That probably just makes FDR better. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:19 AM (GBKbO) 71
A recent study of possible outcomes of our deficit spending all converged on a single prediction.
https://youtu.be/IDb44LaNboE Posted by: Archimedes at May 29, 2024 11:20 AM (xCA6C) 72
43 Record levels of credit card debt, so I guess citizens are just copying their government. On a more serious note, what is the theme of this weeks Morning Rant?
Posted by: The Impossible Theme ======== And that is why interest rates are well over 20 percent on credit card debt plus the onerous fees of various sorts. Argentina did have a similar borrowing interest on a lot of their government bonds. The reason of course is risk of default. By laws and regulations defining US Treasury notes and bonds as risk free, it basically underlays all our banks, insurance companies, etc. that require 'risk free' assets that are easily liquidated. Redefine those bonds as 'not risk free', then all hell breaks loose because of course, historically, there is NO risk free safe asset class. Posted by: whig at May 29, 2024 11:20 AM (PkS4e) 73
Just wait. When a loaf of bread costs 100 bucks, shit will hit the fan.
Posted by: nurse ratched at May 29, 2024 11:20 AM (5dHQx) 74
Blaming the GOP for our deficits is so Progressive of you imbeciles.
Posted by: Fisht at May 29, 2024 11:21 AM (BHEHK) 75
My inch deep understanding of MMT is that the debt is monetized and inflation is tamed by raising taxes.
Posted by: Oglebay at May 29, 2024 11:21 AM (ogTiX) 76
Money is no longer a measure of actual wealth, it's just a measure of itself.
Take the pebble from my hand, grasshopper. Posted by: Archimedes at May 29, 2024 11:21 AM (xCA6C) 77
Just wait. When a loaf of bread costs 100 bucks, shit will hit the fan.
Posted by: nurse ratched at May 29, 2024 11:20 AM Bug bread, coming to a store near you! Posted by: Mnnfidel at May 29, 2024 11:21 AM (ewjUl) 78
... The only time I can think the U.S. Government did budget austerity was after WWI, during the Harding Administration.
Posted by: Ganowicz Commie Exterminators, LTD. at May 29, 2024 11:15 AM (f87vz) ++++ WWII had it, too, It wasn't "austerity" as such because we could afford to wind down - but we *did* wind down. The Marshall Plan and the various reconversion programs were used to buy time for the wind-down, and it was paid for with Liberty Bonds. That wind-down was catastrophic in various areas and left a lot of dead companies in its wake, but it was successful on balance and was the last time I can think of that the US Government ever successfully wound down spending. It didn't wind it down all the way to pre-War levels, but it also didn't need to. We came out on top and were much, much richer than we were going in. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:21 AM (d04cU) 79
>>Record levels of credit card debt, so I guess citizens are just copying their government
Not part of this crowd, but it kinda makes sense in a twisted way? They see others walk away from poor decisions and get rescued (even rewarded?) all the time. F#ck it, might as well have fun before the roof caves in. . . the responsible ones are the ones who pay for others' folly. Here in CO there was a news story about skyrocketing home insurance. Well, duh, we had the Marshal fire wipe out over 1k homes and businesses. Thanks to the city blaming the electric company for the fire, followed by a lawsuit against Excel (despite county commissioners knowingly permitting these developments to happen on land where underground coal fires have burned for decades) all residents' electric bills have doubled, too. If the people who made the poor decisions don't pay, then we ALL end up paying for it, it doesn't just go away. . . Posted by: Lizzy at May 29, 2024 11:21 AM (cCVOS) 80
Bring back the free market in medicine. Allow private hospitals again. Boot all non citizens from free medical care, repeal EMTLA. It is used to avoid paying bills by millions who treat ERs as regular clinics but with the advantage that they never pay their bills. Medicaid needs to become solely the states job, SS and Medicare need some reform, but it catches the blame for what is in actuality a grossly mis managed budget that is bloated with incompetence and strangulation of the economy by the US government.
Then get rid of every cabinet position and regulatory agency associated with it except defense, state, treasury, veterans affairs, and attorney general. End the fed, fire 75% of the federal workforce, repeal the income tax and replace with a RETAIL not a vat tax, and end every single dollar of foreign aid, no more bailouts for pension funds or bankrupt cities and states. You might be surprised at how quickly things turned around without the paddy paws of regulation by incompetence and corruption. Posted by: 42 at May 29, 2024 11:21 AM (UeYtn) 81
16 The US government will not under any circumstances choose austerity now.
I doubt the US government can even spell austerity. Posted by: Archimedes at May 29, 2024 11:03 AM (xCA6C) This. I do not believe it will ever get better. Inertia is a thing, and that is all we got going for us now. Posted by: Diogenes Agreed. Unfortunately, I think they'll bleed us dry - we'll have no legacies at all left for our families - and they'll 'forget' about us (it's bled into many programs already) and blame us. A pattern of conduct, i.e., After Vietnam, after savings and loan failures, etc. But we have more and more people to "keep" for their greed and failures in judgement. And the majority of youth and new Americans will be no wiser in the future. But it can't go on forever. Good day, all. Posted by: L - If they do it with you, they'll do it to you, too at May 29, 2024 11:21 AM (NFX2v) 82
That which can't continue, won't.
A buddy and I were having that conversation over dinner last night and asked why more people can't or won't see that. I think the answer is that if you admit the problem, you can't avoid the obvious question of "So what do we do about it?" Posted by: Oddbob at May 29, 2024 11:22 AM (pc6nr) 83
But his cabinet were crooks, so that means he's the worst.
Never mind that FDR's VP was an outright communist. That probably just makes FDR better. Posted by: TheJamesMadison ====== Actually one Harding Cabinet guy was a crook--Albert Falls, Secretary of the Interior. Posted by: whig at May 29, 2024 11:22 AM (PkS4e) 84
There are three unspoken words that must be tacked on to the end of Cheney's statement in order to make it accurate. He should have said, "deficits don't matter for a while."
------------- Ah, the classic " incomplete sentence." Like when your boyfriend or girlfriend says "I don't want to get married right now ..." The implied words excluded at the end are TO YOU." Posted by: ShainS -- Biden's Two-State Solution is Michigan & Minnesota at May 29, 2024 11:22 AM (KdL6t) 85
Redefine those bonds as 'not risk free', then all hell breaks loose because of course, historically, there is NO risk free safe asset class.
Posted by: whig at May 29, 2024 11:20 AM (PkS4e) ++++ Yup. The entire financial system is predicated on one assumption: A US Treasury Certificate is equivalent to cash. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:22 AM (d04cU) 86
74 Blaming the GOP for our deficits is so Progressive of you imbeciles.
Posted by: Fisht at May 29, 2024 11:21 AM (BHEHK) ======== The GOP has controlled the House for how much of the last 30 years? It's controlled it about half the time the feds have been operating without a budget at all. The GOP is not conservative in any way shape or form. It is not fiscally responsible in any way shape or form. Equating the GOP with their election year messaging is like believing that John McCain really wanted to build a border fence. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:23 AM (GBKbO) 87
‘ Nobody wants to be the guy who's legacy is "caused an economic depression."
You know what else can cause an economic depression? The resulting inflation from runaway spending. Fortunately, I have a plan. Punish every voting democrat by enacting austerity exclusively in their states, districts and cities. They weren’t going to vote our way anyway. So fuck them. They want 2 tiers of justice anyway. They should be happy. Posted by: Dr. Claw at May 29, 2024 11:23 AM (jbnUc) 88
I view this as the one good thing to come out of me losing my federal position: I cashed out my TSP and am - with the exception of my mortgage - entirely debt free.
Inflation will only make debt worse, and the only way out is through. My kids and I will have an easier time of it, though, without those crushing payments. Posted by: Washington Nearsider at May 29, 2024 11:14 AM Good for you. We are ~18 months away from making our 30 year mortgage into a 10 year mortgage. We have been making double payments since I started getting my social security five years ago. We have had to cut back on spending and not get new vehicles every few years like we did in the past, but IMO it will be worth it. The crash is coming and there is nothing anyone can do about it at this point. I figure the best thing to do is to prepare and be as debt free as possible when the pain starts. Putting money into savings at this point is a suckers bet, it's better to pay off any debt you have and get ready for the madness. Posted by: Mister Scott (Formerly GWS) at May 29, 2024 11:23 AM (QNSds) 89
The GOP is not conservative in any way shape or form. It is not fiscally responsible in any way shape or form. Equating the GOP with their election year messaging is like believing that John McCain really wanted to build a border fence.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:23 AM It's pronounced fensh. Posted by: Mnnfidel at May 29, 2024 11:24 AM (ewjUl) 90
Guys, guys, the Gaza Pier thingie wasn't a disaster, because PVC Johnson got a vacay in the middle east~!
Pentagon Press: "But I - I have to push back on the fact that this is a failure because at the end of the day you have, you know, men and women out there separated from their families who are putting themselves first - who are putting others first - to try and be part of a lifesaving humanitarian mission that has seen over 1,000 metric tons of aid come in, and I think that is commendable." Posted by: weft cut-loop at May 29, 2024 11:24 AM (IG4Id) 91
Doom.
Posted by: davidt at May 29, 2024 11:24 AM (SYTee) 92
I don't think fiscal collapse is imminent, but I could well be wrong. I think it's several years out still, perhaps as long as a decade.
But a major economic downturn probably is, which is one of several reasons that I think the Party might just let Trump win. Let him hold the bag. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:18 AM (d04cU) As I know you know, predicting any of this right now is damn near impossible. All the things that COULD go wrong, MIGHT go wrong. Or they might not. For now. It strikes me how funny it is, we live in a world where everyone thinks we know things, and we don't. We know nothing. Just apes, wearing clothes and oiling our beards. Posted by: BurtTC at May 29, 2024 11:25 AM (dGCAG) 93
Putting money into savings at this point is a suckers bet, it's better to pay off any debt you have and get ready for the madness.
Okay, so what do we do if were debt-free and have money to invest. I mean, I can only shoot so many rounds. Posted by: Archimedes at May 29, 2024 11:25 AM (xCA6C) 94
93 Putting money into savings at this point is a suckers bet, it's better to pay off any debt you have and get ready for the madness.
Okay, so what do we do if were debt-free and have money to invest. I mean, I can only shoot so many rounds. Posted by: Archimedes at May 29, 2024 11:25 AM (xCA6C) ===== I'll hold it for you. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:25 AM (GBKbO) 95
How is that still a "deficits don't matter" conclusion? What you're describing is entirely possible, but that would be a final blow-off due to the underlying problem.
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:17 AM (d04cU) Hey man, back off -- I'm not a super fancy COB who's eloquent with words like you!!! Seriously though - the point I was trying to make is that everyday folks have been hearing for MANY years that deficits matter, but things haven't fully broken yet. Until that happens, they won't understand how much deficits matter. Then it'll be too late. Posted by: Doof at May 29, 2024 11:25 AM (v6Olo) 96
But his cabinet were crooks, so that means he's the worst.
Never mind that FDR's VP was an outright communist. That probably just makes FDR better. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:19 AM (GBKbO) Frank the Cripple and his horse of a wife, loved them some marxists. Frank the Cripple's State Dept. was overflowing with marxists. Tailgunner Joe was correct. Posted by: Ganowicz Commie Exterminators, LTD. at May 29, 2024 11:26 AM (f87vz) 97
Cheney merely pointed out deficits don’t matter electorally speaking. He’s right about that.
Leftists take things out of context, when they aren’t outright pulling shit out of their ass. Posted by: Common Tater at May 29, 2024 11:26 AM (PpROq) 98
Okay, so what do we do if were debt-free and have money to invest. I mean, I can only shoot so many rounds.
Posted by: Archimedes at May 29, 2024 11:25 AM (xCA6C) ===== I'll hold it for you. Nah, you'd use it to fund renovations in hell and an Eeyore memorial. Posted by: Archimedes at May 29, 2024 11:26 AM (xCA6C) 99
The difference between DC and drunken sailors is that one. Sailors go back to their ship when they are out of money. DC just steals more. And sailors actually perform a vital function. The swamp rats of DC? Not so much.
Posted by: Mnnfidel at May 29, 2024 11:27 AM (ewjUl) 100
I think the answer is that if you admit the problem, you can't avoid the obvious question of "So what do we do about it?"
Posted by: Oddbob at May 29, 2024 11:22 AM (pc6nr) I think there's truth to this. We are non-confrontational by nature, and there is no confrontation harder than the one you have to have with yourself when you realize you've been wrong about something significant. It's the same reason the Branch Covidians will never admit they were wrong. It's not science, it's religion, and they can't bear the emotional weight of admitting they were wrong or misled. Posted by: Washington Nearsider at May 29, 2024 11:27 AM (/nCD+) 101
Pentagon Press: "But I - I have to push back on the fact that this is a failure because at the end of the day you have, you know, men and women out there separated from their families who are putting themselves first - who are putting others first - to try and be part of a lifesaving humanitarian mission that has seen over 1,000 metric tons of aid come in, and I think that is commendable."
Posted by: weft cut-loop at May 29, 2024 11:24 AM (IG4Id) Did someone actually say that? Posted by: BurtTC at May 29, 2024 11:27 AM (dGCAG) 102
Balanced budget and deficit spending are an argument that conservatives have well and truly lost.
There is NO political constituency for living within our means. Some time ago before he went totally off the deep end, Glenn Beck wrote a book called BROKE about how at $20T in debt the US was broker than any country ever. Well here we are years and trillions later, and life as we know it has not collapsed. It is still true that that which cannot continue won't. But so far, we've been continuing. Posted by: blaster at May 29, 2024 11:27 AM (IFNME) 103
I think the answer is that if you admit the problem, you can't avoid the obvious question of "So what do we do about it?"
Posted by: Oddbob at May 29, 2024 11:22 AM (pc6nr) I think there's truth to this. *throws flag* The accepted response is "there is iron in your words of death". Posted by: Archimedes at May 29, 2024 11:28 AM (xCA6C) 104
Bring back the free market in medicine. Allow private hospitals again. Boot all non citizens from free medical care, repeal EMTLA.
--- Firmly agree. There's more to it, but that's a good start. SS and Medicare need some reform, but it catches the blame for what is in actuality a grossly mis managed budget that is bloated with incompetence and strangulation of the economy by the US government. --- Disagree. Social Security is fixable. Politically unpopular, but doable. Medicare is not. Even with zeroing Medicaid, Medicare is still running more than a half trillion in the hole. The tax for it is too low and the service it buys is too expensive. The first point helps with that, and might fix it, but Medicare is unfixable absent that or nationalization and subsequent rationing. Then get rid of every cabinet position and regulatory agency associated with it except ... ---- All that is a rounding error on the total. There are downstream benefits you went on to mention that will help economic performance, but it doesn't solve the fiscal problem. Most of the government is actually low-stakes stuff. Posted by: 42 at May 29, 2024 11:21 AM (UeYtn) Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:28 AM (d04cU) 105
Okay, so what do we do if were debt-free and have money to invest. I mean, I can only shoot so many rounds.
Posted by: Archimedes at May 29, 2024 11:25 AM (xCA6C) You never have enough ammo. Keep buying. Posted by: Ganowicz Commie Exterminators, LTD. at May 29, 2024 11:28 AM (f87vz) 106
And sailors actually perform a vital function.
Posted by: Mnnfidel at May 29, 2024 11:27 AM (ewjUl) Keep tranny hookers around the world fed? Posted by: BurtTC at May 29, 2024 11:28 AM (dGCAG) 107
Take a look at what the spending is on..
That toothpaste is never going back in the genie bottle. What we needed was to grow the economy and build wealth and I don't know, actually set a budget each year instead of the abominable "continuing resolutions" including the one-time 2 billion dollar Omnibus which I believe has repeated every year since the "one-time" in 2009. To start, you aren't getting rid of welfare, ss, medicare, medicaid, "defense" spending or debt service. And if you go look at the pie chart of all that alone, without even considering a penny more of their bullshit - of which there is a whoooole lot more than a penny each year including the entire fedgov payroll - you will see that the idea of this clown car of a country ever "cutting" spending is not just a pipe dream, it is the dream of every tobacco farm on the planet all smooshed into one giant large hadron collider of crap. Forget cuts. You will never see them until we are buying bread with a wheelbarrow. Posted by: ... at May 29, 2024 11:28 AM (cyfV/) 108
70 Never mind that FDR's VP was an outright communist. That probably just makes FDR better.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:19 AM (GBKbO) He failed to usher in The Revolution (TM), complete with Guillotines, Stasi, and Gulags. Therefore, he "Wasn't a Real Communist". Posted by: XTC at May 29, 2024 11:28 AM (UnA8+) 109
Okay, so what do we do if were debt-free and have money to invest. I mean, I can only shoot so many rounds.
Posted by: Archimedes at May 29, 2024 11:25 AM (xCA6C) Make it known that, during the Burning Times, yours is a place people with actual life skills can go to contribute. Build a Moron Compound. Posted by: Washington Nearsider at May 29, 2024 11:29 AM (/nCD+) 110
I think there's truth to this. We are non-confrontational by nature, and there is no confrontation harder than the one you have to have with yourself when you realize you've been wrong about something significant.
It's the same reason the Branch Covidians will never admit they were wrong. It's not science, it's religion, and they can't bear the emotional weight of admitting they were wrong or misled. Posted by: Washington Nearsider at May 29, 2024 11:27 AM (/nCD+) It's easier to fool someone that to convince them that they have been fooled. (Mark Twain??) Posted by: Doof at May 29, 2024 11:29 AM (v6Olo) 111
>>Pentagon Press: "But I - I have to push back on the fact that this is a failure because at the end of the day . . .a lifesaving humanitarian mission that has seen over 1,000 metric tons of aid come in, and I think that is commendable."
"that has seen over 1,000 metric tons of aid come in. . ." 0% went to Gaza civilians. You can't do worse than this, can you? OK, maybe if the pallets of food landed on families and killed them, but. . .? This is the ultimate worship of process over result. Posted by: Lizzy at May 29, 2024 11:29 AM (cCVOS) 112
I don't think fiscal collapse is imminent, but I could well be wrong. I think it's several years out still, perhaps as long as a decade.
But a major economic downturn probably is, which is one of several reasons that I think the Party might just let Trump win. Let him hold the bag. Posted by: Joe Mannix (Not a cop!) ======== There is always the Adenauer solution. Adenauer was the German chancellor that put West Germany back in business and he did that miracle by allowing Minister Ludwig Erhard to unleash the business community by waiving most of the onerous business regulations. Posted by: whig at May 29, 2024 11:29 AM (PkS4e) 113
Poor Harding. He gets a bad rap, because he had the temerity to follow Woody Effing Wilson. He actually did some decent things as President. And he gave us silent Cal, who was awesome.
Posted by: Bulgaroctonus at May 29, 2024 11:19 AM (v6JzV) John Dean is an execrable POS, but he did write a good short bio of Harding. Like Ike, Coolidge and the Adamses, he remains an underrated president. (I also happen to think the Late Unpleasantness might have been significantly delayed, if not averted, had Zachary Taylor lived longer, but that's a topic for a non-work day). Posted by: Mary Poppins' Practically Perfect Piercing at May 29, 2024 11:30 AM (Q0kLU) 114
112 There is always the Adenauer solution. Adenauer was the German chancellor that put West Germany back in business and he did that miracle by allowing Minister Ludwig Erhard to unleash the business community by waiving most of the onerous business regulations.
Posted by: whig at May 29, 2024 11:29 AM (PkS4e) ======= That seems to have been the central effort of Trump's first administration, which the business community rebelled against because Big Business is totes right wing! DU told me so. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:30 AM (GBKbO) 115
Jeepers guys. Sounds like a whole bunch of you would be happier day drinking.
Go for a walk. Smell the flowers. Listen to the birds. Call someone and tell them you appreciate them. Posted by: nurse ratched at May 29, 2024 11:30 AM (H3kqf) 116
It's all going to burn down and fall over.
I hope some future generation gets that welfare is a luxury, not a necessity. But what am I saying? Rome already provided proof of that and here we are again. Posted by: Mark Andrew Edwards, PNW MOME June 1st at May 29, 2024 11:30 AM (xcxpd) 117
men and women out there separated from their families who are putting themselves first - who are putting others first - to try and be part of a lifesaving humanitarian mission that has seen over 1,000 metric tons of aid come in, and I think that is commendable."
Do or do not. There is no try. Posted by: Archimedes at May 29, 2024 11:30 AM (xCA6C) 118
Blaming the GOP for our deficits is so Progressive of you imbeciles.
Posted by: Fisht at May 29, 2024 11:21 AM (BHEHK) ++++ LOL. It's been a team effort. The GOP is just as spendthrift as the Dems, they just have a *very* slightly different mix preference. But the era of massive, rapidly-growing, no-limit deficits without exception began under Bush 43. It at least bounced around and sometimes was pretty small prior to that. It goes nowhere but up now, and it's been that was for 20+ years. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:31 AM (d04cU) 119
116 It's all going to burn down and fall over.
I hope some future generation gets that welfare is a luxury, not a necessity. But what am I saying? Rome already provided proof of that and here we are again. Posted by: Mark Andrew Edwards, PNW MOME June 1st at May 29, 2024 11:30 AM (xcxpd) ======== We'll build it again in the swamp! Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:31 AM (GBKbO) 120
Seriously though - the point I was trying to make is that everyday folks have been hearing for MANY years that deficits matter, but things haven't fully broken yet. Until that happens, they won't understand how much deficits matter. Then it'll be too late.
Posted by: Doof at May 29, 2024 11:25 AM (v6Olo) ++++ On that, I agree. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:31 AM (d04cU) 121
This is the ultimate worship of process over result.
Posted by: Lizzy at May 29, 2024 11:29 AM (cCVOS) That's what separates Leftists from humans. The leftist believes labor itself has intrinsic value, regardless of whether or not that labor creates a good or service people are willing to buy. Posted by: Washington Nearsider at May 29, 2024 11:31 AM (/nCD+) 122
It can be lunch time
Posted by: Skip at May 29, 2024 11:31 AM (W8wJD) 123
David Atherton @DaveAtherton20
It appears the Danish police have run out of patience with Palestinian protesters, as they set the dogs on them. Extra treats tonight. https://tinyurl.com/ths52r7p 58 seconds; not great but the Palis run. Posted by: andycanuck (ZdexC) at May 29, 2024 11:32 AM (ZdexC) 124
over 1,000 metric tons of aid
Use of the Metric System alone completely invalidates this statement. Might as spell it "tonnes" while they're at it. Faggot Eurotrash wannabes. Posted by: Bulgaroctonus at May 29, 2024 11:32 AM (v6JzV) 125
Seriously though - the point I was trying to make is that everyday folks have been hearing for MANY years that deficits matter, but things haven't fully broken yet. Until that happens, they won't understand how much deficits matter. Then it'll be too late.
Posted by: Doof at May 29, 2024 11:25 AM (v6Olo) Deficits, the cholesterol of economics. Uncle Hank just dropped dead, nobody was expecting it. Sure, he was 75 lbs overweight, ate cheeseburgers and drank beer every day, but otherwise he was healthy. Posted by: BurtTC at May 29, 2024 11:32 AM (dGCAG) 126
And sailors actually perform a vital function.
Posted by: Mnnfidel at May 29, 2024 11:27 AM (ewjUl) Keep tranny hookers around the world fed? Posted by: BurtTC at May 29, 2024 11:28 AM And repopulate all corners of the globe, bang bang time! Posted by: Mnnfidel at May 29, 2024 11:33 AM (ewjUl) 127
I always yodeled while the Cliffhanger guy ascended during TPIR. Rooting for him to go over the cliff. Always wanted to protect Mark Goodson's money.
Posted by: Corporate Shill at May 29, 2024 11:33 AM (V5BDR) 128
It appears the Danish police have run out of patience with Palestinian protesters, as they set the dogs on them.
Extra treats tonight. Gad, that warms the cockles of my blackened heart. Posted by: Archimedes at May 29, 2024 11:33 AM (xCA6C) 129
I mentioned this over at Instapundit, but there's no way a US politician is going to commit career suicide by causing the recession required to stop inflation at this point. They're sure not keen on doing something to tackle the US debt.
Posted by: Octochicken at May 29, 2024 11:34 AM (oCS0o) 130
Joe Mannix identifies the real issues, but I think that there is an incredible amount of outright fraud in Medicaid and Medicare. My guess is that number runs into the hundreds of billions.
It's low-hanging fruit for a serious administration. [STOP LAUGHING!] Posted by: CharlieBrown'sDildo at May 29, 2024 11:34 AM (d9fT1) 131
He failed to usher in The Revolution (TM), complete with Guillotines, Stasi, and Gulags.
Therefore, he "Wasn't a Real Communist". Posted by: XTC at May 29, 2024 11:28 AM (UnA8+) Well Frank the Cripple did manage to roundup (via the EFFBEEYE) the Japanese during WWII and put them in internment camps. That was a good marxist try. Don't forget that Frank the Cripple also confiscated citizens gold at $35/oz and made it illegal to own gold. Posted by: Ganowicz Commie Exterminators, LTD. at May 29, 2024 11:34 AM (f87vz) 132
ATX Irish Gal 🙏🏼 ❤️ @Notmyfault99
I’m DED Who did this https://tinyurl.com/5e3jbvhc 1:24 minutes; hilarious [AI??] overdubbing of De Niro's speech yesterday. Posted by: andycanuck (ZdexC) at May 29, 2024 11:34 AM (ZdexC) 133
130 Joe Mannix identifies the real issues, but I think that there is an incredible amount of outright fraud in Medicaid and Medicare. My guess is that number runs into the hundreds of billions.
It's low-hanging fruit for a serious administration. [STOP LAUGHING!] Posted by: CharlieBrown'sDildo at May 29, 2024 11:34 AM (d9fT1) ======== Cutting waste and fraud out of government is just a campaign line, not actual policy. The waste and fraud is the policy. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:34 AM (GBKbO) 134
You know I swear there's a couple well regarded regulars here who do nothing but stir shit when they are here, and I'm not sure how they get away with it. In the old days I would make them pay for it bigly, but I have grown.
Posted by: ... at May 29, 2024 11:35 AM (cyfV/) 135
75 My inch deep understanding of MMT is that the debt is monetized and inflation is tamed by raising taxes.
Posted by: Oglebay at May 29, 2024 11:21 AM (ogTiX) You (and all the socialists) forget the last piece of actual MMT - that you restrict spending as well. So good luck with that Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 11:35 AM (5C4od) Posted by: spindrift at May 29, 2024 11:35 AM (OguvZ) 137
Call someone and tell them you appreciate them.
Posted by: nurse ratched Sofia Vergara has blocked my calls. Posted by: Bulgaroctonus at May 29, 2024 11:35 AM (v6JzV) 138
>>>> I mentioned this over at Instapundit, but there's no way a US politician is going to commit career suicide by causing the recession required to stop inflation at this point.
There are no more Reagans. Posted by: Mark1971 at May 29, 2024 11:35 AM (xPl2J) 139
John Dean is an execrable POS, but ...
Posted by: Mary Poppins' Practically Perfect Piercing at May 29, 2024 11:30 AM (Q0kLU) He was CIA, and his wife was a honeypot whore, having sex with everybody so she could gather secrets. Posted by: BurtTC at May 29, 2024 11:36 AM (dGCAG) 140
CBD,
If Medicaid and food stamps were TEMPORARY, say you get one year ONCE to get your shot together, then it's cut off.... if that were the case, we could manage to still provide that safety gap. Medicaid and fiodstamps as a way of life is unsustainable. Posted by: nurse ratched at May 29, 2024 11:36 AM (arMtV) 141
Heh. FDR. I was watching a war movie, "Merrill's Marauders" a couple days ago. One of the characters was a mule handler. His pack mule was named Eleanor. Didn't get it until they kept showing the mule's teeth.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 11:36 AM (V5eKu) 142
Disagree. Social Security is fixable. Politically unpopular, but doable. Medicare is not. Even with zeroing Medicaid, Medicare is still running more than a half trillion in the hole. The tax for it is too low and the service it buys is too expensive. The first point helps with that, and might fix it, but Medicare is unfixable absent that or nationalization and subsequent rationing.
------ Social security can be fixed by raising retirement age to reflect longevity plus some modest increases in taxes such as remove the wage cap limit plus a modest increase. Medicare and Medicaid are simply not affordable but that will require basically the current medical industry to be imploded which will affect doctors, nurses, heath care professionals, hospitals, research, etc. in a massive way. Medicare and Medicaid have become essentially massive subsidy programs to the health care industry by creating price floors where it takes up 17 percent or so of the US economy. Most of the advanced countries of the West average about 11-12 percent of GDP. We spend more and get less than most other nations but the fault lies within state and federal caselaw, regulations plus the subsidies. Posted by: whig at May 29, 2024 11:37 AM (PkS4e) 143
There is always the Adenauer solution. Adenauer was the German chancellor that put West Germany back in business and he did that miracle by allowing Minister Ludwig Erhard to unleash the business community by waiving most of the onerous business regulations.
Posted by: whig at May 29, 2024 11:29 AM (PkS4e) ++++ The deficit last year of $1.7 trillion. 2023 GDP was $27.4 trillion. The deficit was 6.2% of GDP (which, by the way, is just 0.1 percentage point lower than growth in nominal GDP - in other words, the US federal government borrowed the *entire* 2023 GDP increase). To grow faster than the problem, GDP needs to grow in excess of 5% - likely closer to 7% - for the foreseeable future. That is a mighty tall order in a developed economy with heavy debt burdens throughout. I think we've crossed over the point where "grow out of the problem" is still a viable strategy. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:37 AM (d04cU) 144
A few months ago we learned that the US government was adding $1T to the debt every 60 days.
It's not news, of course. We're screwed. Posted by: Moron Robbie rejects the HQ gay hate and hopes they speak out against their abusers at May 29, 2024 11:37 AM (VrM3n) 145
Medicaid and fiodstamps as a way of life is unsustainable.
Posted by: nurse ratched *LBJ nods vociferously from hell* Posted by: BruceWayne at May 29, 2024 11:37 AM (CIS44) 146
Henry Wallace wasn’t just leftist - he was a genuine Soviet agent on the payroll. They named a state office building in Des Moines after the SOB
There must have been many more, judging by the results 70 years later. Completely FUBAR. It has not escaped the notice of many, that what’s left of the Soviet Union doesn’t subscribe to any of their prescriptions for the West. Weird, huh? Posted by: Common Tater at May 29, 2024 11:37 AM (PpROq) 147
[I've told the story before:]
As a freshman in '79 at a small, economically conservative, Liberal Arts College -- in my Intro to Econ course -- I received a C- on a paper where I argued about the dangers & consequences of an ever-increasing (and now nearly-exponential) National Debt. What I would give to have it back at 1979 levels now (even excluding the unfunded liabilities -- which are about 10x the amounts): about $825 billion. 45 years of irrational death cult behavior ... Posted by: ShainS -- Biden's Two-State Solution is Michigan & Minnesota at May 29, 2024 11:38 AM (PqQAX) 148
Cutting waste and fraud out of government is just a campaign line, not actual policy.
The waste and fraud is the policy. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:34 AM (GBKbO) The fraud of the healthcare industrial complex is mostly built into the cake. So many administrators, so much cash flowing this way and that, for no reason other than maintaining the healthcare industrial complex. Why, it's worse than the defense industry. At least the defense industry doesn't kill everybody it aims at. Posted by: BurtTC at May 29, 2024 11:39 AM (dGCAG) 149
Don't forget that Frank the Cripple also confiscated citizens gold at $35/oz and made it illegal to own gold.
----- And the IRS and, I think, the FIB confiscating hidden or lost gold hoards found nowadays that would have had to have been turned in pre-1975. Posted by: andycanuck (ZdexC) at May 29, 2024 11:39 AM (ZdexC) Posted by: the wisdom of douglas adams at May 29, 2024 11:39 AM (v3pYe) 151
Joe Mannix identifies the real issues, but I think that there is an incredible amount of outright fraud in Medicaid and Medicare. My guess is that number runs into the hundreds of billions.
It's low-hanging fruit for a serious administration. [STOP LAUGHING!] Posted by: CharlieBrown'sDildo at May 29, 2024 11:34 AM (d9fT1) ++++ Yes. It's a big problem and must be solved, along with the outrageous problem of disability fraud (which will help the Social Security situation). But those aren't enough. There is absolutely no legitimate reason *not* to do it - and lots of reasons to do it - but it's only a comparatively small part of the solution. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:39 AM (d04cU) 152
Cutting waste and fraud out of government is just a campaign line, not actual policy.
The waste and fraud is the policy. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:34 AM (GBKbO) Two words. Government Grants. Essentially, here's a shit ton of money, now make sure you spend it wisely Posted by: Mnnfidel at May 29, 2024 11:39 AM (ewjUl) 153
Record levels of credit card debt, so I guess citizens are just copying their government. On a more serious note, what is the theme of this weeks Morning Rant?
Posted by: The Impossible Theme at May 29, 2024 11:12 AM (V5BDR) A little known fact is that Joe Mannix's real name is Monty. Make of it what you will. Posted by: OneEyedJack at May 29, 2024 11:39 AM (FCbAQ) 154
Maybe it’s been given the Ace Treatment prior but
How Many Nations Allow “Mail In” Ballots? How Many Do Not? Posted by: Common Tater at May 29, 2024 11:39 AM (PpROq) 155
We spend more and get less than most other nations but the fault lies within state and federal caselaw, regulations plus the subsidies.
Posted by: whig at May 29, 2024 11:37 AM (PkS4e) American medicine is still the best in the world. The problem is that only a small % of the total spent on "healthcare" pays for care. Posted by: CharlieBrown'sDildo at May 29, 2024 11:40 AM (d9fT1) 156
A few months ago we learned that the US government was adding $1T to the debt every 60 days.
I thought it was every 100 days, but regardless, that means we assume the entire defense budget and more in new debt every X days. Posted by: Archimedes at May 29, 2024 11:40 AM (xCA6C) 157
The deficit last year of $1.7 trillion. 2023 GDP was $27.4 trillion. The deficit was 6.2% of GDP (which, by the way, is just 0.1 percentage point lower than growth in nominal GDP - in other words, the US federal government borrowed the *entire* 2023 GDP increase).
To grow faster than the problem, GDP needs to grow in excess of 5% - likely closer to 7% - for the foreseeable future. That is a mighty tall order in a developed economy with heavy debt burdens throughout. I think we've crossed over the point where "grow out of the problem" is still a viable strategy. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:37 AM (d04cU) That's what inflation is for. Posted by: Red Turban Someguy - The Republic is already dead! at May 29, 2024 11:40 AM (eYoxG) 158
Two words. Government Grants. Essentially, here's a shit ton of money, now make sure you spend it wisely
Posted by: Mnnfidel New laptops and trips for all! -Big Fat Fani Posted by: BruceWayne at May 29, 2024 11:40 AM (CIS44) 159
Australia's appointed a "Secretary for Men's Behavior Change" because rapes are skyrocketing recently.
Quick question, who's doing the raping? I'm gonna guess I know exactly the demographic and it's not the men who will have to listen to these lectures. Posted by: Ian S. at May 29, 2024 11:40 AM (2ocoG) 160
Putting money into savings at this point is a suckers bet, it's better to pay off any debt you have and get ready for the madness.
Okay, so what do we do if were debt-free and have money to invest. I mean, I can only shoot so many rounds. Posted by: Archimedes at May 29, 2024 11:25 AM In about 18 months unless everything turns to $hit we are going to be in the same boat. An extra $5,000 every month with no reasonable place to put it. We are both retired so we can't stuff it in the wife's 401k. I don't know enough about the stocks and bonds market to mess around with that stuff. Buying property around us is a no go, when they finished the new lake the real estate market went crazy here with no signs of letting up any time soon. Even if it does the next newest lake in the county is scheduled to start filling up next year and that will set off another wave of buying. Still looking for ideas in the meantime it will go into the money market account until we can come up with something. Posted by: Mister Scott (Formerly GWS) at May 29, 2024 11:41 AM (QNSds) 161
155 We spend more and get less than most other nations but the fault lies within state and federal caselaw, regulations plus the subsidies.
Posted by: whig at May 29, 2024 11:37 AM (PkS4e) American medicine is still the best in the world. The problem is that only a small % of the total spent on "healthcare" pays for care. Posted by: CharlieBrown'sDildo at May 29, 2024 11:40 AM (d9fT1) Huge administrative burden that the politicians only seem intent on making worse. Posted by: Red Turban Someguy - The Republic is already dead! at May 29, 2024 11:41 AM (eYoxG) 162
Posted by: ... at May 29, 2024 11:35 AM (cyfV/)
Either name them and challenge them, or stop whining. Posted by: CharlieBrown'sDildo at May 29, 2024 11:41 AM (d9fT1) 163
And now for a musical interlude:
https://tinyurl.com/6zemn9xf John Adams: Short Ride in a Fast Machine – BBC Proms 2014 Posted by: NaCly Dog at May 29, 2024 11:41 AM (u82oZ) 164
129 I mentioned this over at Instapundit, but there's no way a US politician is going to commit career suicide by causing the recession required to stop inflation at this point. They're sure not keen on doing something to tackle the US debt.
Posted by: Octochicken The coming Depression is baked into the cake--essentially the Fed has no tools anymore to combat inflation if the Congress keeps spending. So you get impoverished on a daily basis via inflation. At the same time, businesses retrench as cost escalate resulting in unemployment and the unvirtuous circle continues to spiral downward. Posted by: whig at May 29, 2024 11:41 AM (PkS4e) 165
That's what inflation is for.
Posted by: Red Turban Someguy - The Republic is already dead! at May 29, 2024 11:40 AM (eYoxG) ++++ LOL. Yes indeed, which doesn't work. I meant, of course, "To grow faster than the problem, non-deficit-financed GDP needs to grow in excess of 5% - likely closer to 7% - for the foreseeable future." Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:41 AM (d04cU) 166
162 Posted by: ... at May 29, 2024 11:35 AM (cyfV/)
Either name them and challenge them, or stop whining. Posted by: CharlieBrown'sDildo at May 29, 2024 11:41 AM (d9fT1) ======== I think I could take him! Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:41 AM (GBKbO) 167
Okay, so what do we do if were debt-free and have money to invest. I mean, I can only shoot so many rounds.
Posted by: Archimedes at May 29, 2024 11:25 AM (xCA6C) Converting fiat to physical, non-wasting assets is the goal. Real estate, metals, whiskey, gunpowder, etc Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 11:41 AM (5C4od) 168
I think I could take him!
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:41 AM (GBKbO) ++++ You can be my champion, TJM. I probably couldn't. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:42 AM (d04cU) 169
Still looking for ideas in the meantime it will go into the money market account until we can come up with something.
Posted by: Mister Scott (Formerly GWS) at May 29, 2024 11:41 AM Being where I hail from, it cracks me up that lakes have to be "made". Posted by: Mnnfidel at May 29, 2024 11:42 AM (ewjUl) 170
New laptops and trips for all!
-Big Fat Fani Posted by: BruceWayne at May 29, 2024 11:40 AM (CIS44) If I hear one more word dribble out of her over-used cum funnel, it'll be too many. Posted by: Washington Nearsider at May 29, 2024 11:42 AM (/nCD+) 171
168 I think I could take him!
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:41 AM (GBKbO) ++++ You can be my champion, TJM. I probably couldn't. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:42 AM (d04cU) ======= May thy knife chip and shatter. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:42 AM (GBKbO) 172
134 You know I swear there's a couple well regarded regulars here who do nothing but stir shit when they are here
ah. well, guess i'm good, then. Posted by: anachronda at May 29, 2024 11:43 AM (v3pYe) 173
Either name them and challenge them, or stop whining.
Posted by: CharlieBrown'sDildo at May 29, 2024 11:41 AM (d9fT1) ======== I think I could take him! To Walmart loading dock supervisor: I'd like two pallets of Jello mix, please. Posted by: Archimedes at May 29, 2024 11:43 AM (xCA6C) 174
Two words. Government Grants. Essentially, here's a shit ton of money, now make sure you spend it wisely
Posted by: Mnnfidel at May 29, 2024 11:39 AM (ewjUl) But don't solve anything. Identify a "problem" that can only be addressed (not fixed) by sending more grant money to you forever. Climate "scientists": We accept your terms!! Posted by: Doof at May 29, 2024 11:43 AM (v6Olo) 175
Putting money into savings at this point is a suckers bet, it's better to pay off any debt you have and get ready for the madness.
Posted by: Mister Scott (Formerly GWS) at May 29, 2024 11:23 AM (QNSds) That is awful advice. I have a low interest, fixed-rate mortgage. Should I pay it off? No. In fact, if I could refinance at the same rate I would jump at it. Sadly, my house is almost paid off. Posted by: CharlieBrown'sDildo at May 29, 2024 11:43 AM (d9fT1) 176
173 To Walmart loading dock supervisor: I'd like two pallets of Jello mix, please.
Posted by: Archimedes at May 29, 2024 11:43 AM (xCA6C) ===== I'm not ready for that yet...Still can't see my abs. Soon...ish. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 11:43 AM (GBKbO) 177
-Big Fat Fani
Posted by: BruceWayne at May 29, 2024 11:40 AM (CIS44) ++++ :: borrows Sponge's shtick :: You asked for it: https://youtu.be/VMnjF1O4eH0 Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:44 AM (d04cU) 178
Just got off a Zoom meeting with one of our vendors.
Looks like our contract renewal with them is going to increase the price per student using their services by around 28% Way to go, Bidenflation! Posted by: "Perfessor" Squirrel at May 29, 2024 11:44 AM (si1C0) 179
Silver dimes.
Posted by: davidt at May 29, 2024 11:44 AM (SYTee) 180
few months ago we learned that the US government was adding $1T to the debt every 60 days.
I thought it was every 100 days, but regardless, that means we assume the entire defense budget and more in new debt every X days. - Ha, I meant to type 90 days. Thanks. The funny part? By now it probably *is* 60 days. Posted by: Moron Robbie rejects the HQ gay hate and hopes they speak out against their abusers at May 29, 2024 11:44 AM (VrM3n) 181
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:41 AM (d04cU)
GDP - inflation rate. That's the real growth. Posted by: CharlieBrown'sDildo at May 29, 2024 11:45 AM (d9fT1) 182
Either name them and challenge them, or stop whining.
Posted by: CharlieBrown'sDildo at May 29, 2024 11:41 AM (d9fT1) One comment does not a whine make. It was an observation, I'm not looking to turn the place upside down. Posted by: ... at May 29, 2024 11:45 AM (cyfV/) Posted by: Mary Poppins' Practically Perfect Piercing at May 29, 2024 11:45 AM (Q0kLU) 184
American medicine is still the best in the world. The problem is that only a small % of the total spent on "healthcare" pays for care.
Posted by: CharlieBrown'sDildo at May 29, 2024 11:40 AM (d9fT1) Huge administrative burden that the politicians only seem intent on making worse. Posted by: Red Turban Someguy Not necessarily the 'best' actually in terms of averages. We spend a lot of money on drugs, etc. but those are not necessarily 'better' as far as gross aggregated life spans of citizens. Right now, we have some of the better specialists and surgeons in medicine due to compensation schemes but that is probably going to change going forward as hospital systems become the primary employers in a cartel with the medical insurance and government. We also have some of the worst hospitals and doctors in the Western world as well so it is best to say that we have much more divergence in medical care quality in the US than other nations. Posted by: whig at May 29, 2024 11:46 AM (PkS4e) 185
Credit cards. I have two. One is used only for stuff like car repairs or the like, and if not used for anything else I'll charge, say, a carton of smokes. Pay it off as soon as the statement hits. The other is my "utility" card for auto pay on car insurance, auto club and a couple others. Also Walmart grocery delivery. That one I've been getting in the habit of paying it off anytime all charges have posted. If you can manage it, the little cash back, sometimes 5% mounts up. I usually have enough of that to pay the phone bill. Once they do away with that, I go straight debit.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 11:46 AM (V5eKu) 186
One comment does not a whine make. It was an observation, I'm not looking to turn the place upside down.
Posted by: ... Oh come on, release the Demogorgan! Posted by: BruceWayne at May 29, 2024 11:46 AM (CIS44) 187
As nurse was speaking of appreciation. . .
https://tinyurl.com/2ydfspx5 Posted by: Mary Poppins' Practically Perfect Piercing at May 29, 2024 11:45 AM (Q0kLU) "One person has this in their cart." Posted by: Washington Nearsider at May 29, 2024 11:46 AM (/nCD+) 188
I think I could take him!
------ Tribbed was a pimp. He never could've outfought Montic. But I didn't know until this day that it was Average Joe all along. Posted by: The Don at May 29, 2024 11:46 AM (ZdexC) 189
Putting money into savings at this point is a suckers bet, it's better to pay off any debt you have and get ready for the madness.
Posted by: Mister Scott (Formerly GWS) at May 29, 2024 11:23 AM (QNSds) ++++ Depends. If your debt is fixed-rate and low, you're probably going to do worse by paying it off into a higher-rate environment - there are probably other investments that would pay a better spread. High-rate stuff (cars, usually) and variable-rate stuff (HELOCs) and stuff that's both (credit cards) is a different story. It might make sense to get rid of it and free up the capital. Otherwise, maintain your buffer for negative events (job loss, etc.) so you don't lose your fixed low-rate leveraged assets and go hunting for investments. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:46 AM (d04cU) 190
Tribbed was a pimp. He never could've outfought Montic. But I didn't know until this day that it was Average Joe all along.
Posted by: The Don at May 29, 2024 11:46 AM (ZdexC) LOL Posted by: ... at May 29, 2024 11:47 AM (cyfV/) 191
So the former mayor/LE officer (Jay Ostrem) that shot three people allegedly did it over a sexual assault claim.
His wife said she was drinking with a neighbor when said neighbor exposed his genitals and then tried to kiss her. When she told him he went on a shooting rampage where the accused neighbor lived. The Daily Beast is claiming that per his X profile he was likely a right winger. (He shared Conservative material and supported Trump) Posted by: Erebus- ex-killer whale at May 29, 2024 11:48 AM (14DrZ) 192
Here's a crazy idea for investing for those who aren't sure where to put extra money. (I don't have any or I'd do it) Buy ICE cars/trucks. And store them. Hang on to them for a while. Prices are only going up on them and one day when our betters won't let us make them anymore, voila.
Posted by: Mnnfidel at May 29, 2024 11:48 AM (ewjUl) 193
There are no more Reagans.
Posted by: Mark1971 ======= In terms of reining in government spending, Reagan himself was no "reagan" nor has any president since Harding. We have no idea of austerity here post WWII and it shows. Posted by: whig at May 29, 2024 11:48 AM (PkS4e) Posted by: NaCly Dog at May 29, 2024 11:49 AM (u82oZ) 195
The White House on Wednesday plans to announce new measures to support the development of new U.S. nuclear power plants, a large potential source of carbon-free electricity the government says is needed to combat climate change. The suite of actions, which weren't previously reported, are aimed at helping the nuclear power industry combat rising security costs and competition from cheaper plants powered by natural gas, wind and solar.
Posted by: SMOD at May 29, 2024 11:49 AM (RHGPo) 196
"One person has this in their cart."
Posted by: Washington Nearsider at May 29, 2024 11:46 AM (/nCD+) Talk about FWP, I noticed recently some merchants do that for EVERYTHING they sell. I guess it's supposed to make us more likely to complete the purchase. Posted by: BurtTC at May 29, 2024 11:49 AM (dGCAG) 197
It's the Bureaucracy raping and pillaging the tax money, giving it out as fast as they can, pocketing what they can grab, opening g programs they know the scammers will have a field day. Billions given to other governments which get stolen. Even the $300 million peir to the enemy is washed away and didn't do a fkng thing.
Posted by: Skip at May 29, 2024 11:49 AM (W8wJD) 198
GDP - inflation rate. That's the real growth.
Posted by: CharlieBrown'sDildo at May 29, 2024 11:45 AM (d9fT1) ++++ Yes, but it's still fake. Government spending is a positive in the GDP equation, and is inclusive of deficits. Deficit should be subtracted from the GDP number, since it is fake. Then the remainder can be deflated accordingly. Things get very, very ugly if you do that. We're in a recession if you subtract the deficit spending that's driving inflation. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:49 AM (d04cU) 199
The globalists have associated austerity with some form of nazism, as if to make the path even harder.
Posted by: ... at May 29, 2024 11:50 AM (cyfV/) 200
Since her husband is the Deputy Assistant Undersecretary of Indigenous Culture Programs, this chilly blonde is firmly opposed to any budget cuts:
http://tiny.cc/1x6ayz Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:51 AM (d04cU) 201
Otherwise, maintain your buffer for negative events (job loss, etc.) so you don't lose your fixed low-rate leveraged assets and go hunting for investments.
Posted by: Joe Mannix (Not a cop!) Common strategy in uncertain places in the world is to concentrate on job skills that can transfer almost anywhere plus keeping wealth stores close by (gold, silver, jewelry, etc.). Investing in a high inflation atmosphere is a high wire act as you have to be able to price 'risk' properly for any investments. Difficult to do especially as government starts blundering like a dying whale trying to prevent the inevitable. Posted by: whig at May 29, 2024 11:51 AM (PkS4e) 202
I don't care for bullet bras. They're not natural. The boobs should hang and sway like nature intended.
Posted by: Bulgaroctonus at May 29, 2024 11:51 AM (v6JzV) 203
Things get very, very ugly if you do that. We're in a recession if you subtract the deficit spending that's driving inflation.
Posted by: Joe Mannix (Not a cop!) ====== Yes it is. Posted by: whig at May 29, 2024 11:52 AM (PkS4e) 204
Voters cannot be bribed with money spent on reducing the national debt. This is a problem.
Posted by: Oglebay at May 29, 2024 11:52 AM (ogTiX) 205
If Medicaid and food stamps were TEMPORARY, say you get one year ONCE to get your shot together, then it's cut off.... if that were the case, we could manage to still provide that safety gap.
Medicaid and fiodstamps as a way of life is unsustainable. Posted by: nurse ratched at May 29, 2024 11:36 AM (arMtV) ++++ Firmly agree. If we're to have these kinds of programs, they should be time-limited - a year, maybe - and on a "once only, so long as you live" basis. If you're married, you can double-dip (you claim in Year 1, your spouse claims the second year, whenever it is) but so be it. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:53 AM (d04cU) 206
Come to think of it the Nazis probably spent a lot. Look at the snazzy uniforms alone.
Posted by: ... at May 29, 2024 11:53 AM (cyfV/) 207
Foreign currencies? Which one(s)?
But you can’t invest in money. By definition, investing is buying something other than money, in the hopes or expectation of garnering a return. Rental income. Stocks. Gold coins and yes, silver dimes, should be a part of your assets. For a number of reasons. They are portable, safe, and can’t be made “unvaluable”. Years ago, the advice was approx 2.5% net worth in physical gold, not counting real estate. Harry Browne used to suggest 25% each - gold, stocks, bonds, real estate, and maintenance of this ratio. I’ve heard worse advice, that’s for sure. Posted by: Common Tater at May 29, 2024 11:53 AM (PpROq) 208
The boobs should hang and sway like nature intended.
Posted by: Bulgaroctonus at May 29, 2024 11:51 AM Within consensual touching range. Posted by: Washington Nearsider at May 29, 2024 11:53 AM (/nCD+) 209
We're in a recession if you subtract the deficit spending that's driving inflation.
Posted by: Joe Mannix (Not a cop!) Not if you change the definition of recession we aren't! Posted by: blaster at May 29, 2024 11:53 AM (IFNME) 210
To grow faster than the problem, GDP needs to grow in excess of 5% - likely closer to 7% - for the foreseeable future. That is a mighty tall order in a developed economy with heavy debt burdens throughout. I think we've crossed over the point where "grow out of the problem" is still a viable strategy.
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:37 AM (d04cU) Yes, without some deus ex machina technological innovation, this ain't happening. Like - we'd need to lasso an asteroid or some shit at this point Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 11:53 AM (5C4od) 211
“A democracy ... can only exist until the voters discover that they can vote themselves largesse from the public treasury. "
Posted by: Henry O at May 29, 2024 11:53 AM (X5Mi4) 212
202 I don't care for bullet bras. They're not natural. The boobs should hang and sway like nature intended.
Posted by: Bulgaroctonus You should try to find out who is investigating such matters. Researchers are trying to find out whether boobs need bras or are better free range over time. I'd imagine they need evaluators. Course nowadays you might get trans in the data sample. Posted by: whig at May 29, 2024 11:53 AM (PkS4e) 213
Investing in a high inflation atmosphere is a high wire act as you have to be able to price 'risk' properly for any investments. Difficult to do especially as government starts blundering like a dying whale trying to prevent the inevitable.
Posted by: whig at May 29, 2024 11:51 AM (PkS4e) ++++ Oh yes. There are no guaranteed hits or easy paths. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:53 AM (d04cU) 214
Here's a crazy idea for investing for those who aren't sure where to put extra money. (I don't have any or I'd do it) Buy ICE cars/trucks. And store them. Hang on to them for a while. Prices are only going up on them and one day when our betters won't let us make them anymore, voila.
Posted by: Mnnfidel at May 29, 2024 11:48 AM (ewjUl) Letting cars sit is a good way to watch money rot. Professionals know how to store cars and it's not free. Everyone else has their "investment" rot Posted by: OneEyedJack at May 29, 2024 11:54 AM (FCbAQ) 215
We will confiscate all the old fart's wealth and retirement vehicles and tax whatever they have remaining to pay off the national debt. Then they can all unretire and come work for me at Arby's for minimum wage and a shift meal of curly fries and jamocha shakes.
The young folks will cheer and applaud. Hahahaha! Posted by: Dick Cheney, Mastermind On Viagra at May 29, 2024 11:54 AM (od9zZ) 216
Yes, without some deus ex machina technological innovation, this ain't happening. Like - we'd need to lasso an asteroid or some shit at this point
Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 11:53 AM (5C4od) ++++ Yup. Essentially, it's a bet on a new industrial revolution. Last time we made that bet, it worked and we got the Tech Revolution. Is there a new industrial revolution just around that bend up ahead? I don't know, of course, though I doubt it. A lot of folks are betting on AI being that next industrial revolution. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:55 AM (d04cU) 217
More of Ruddy's projects not mentioned in the chyron I quoted in the Art Thread.
Al Ruddy, Oscar-Winning Producer of ‘The Godfather’ and ‘Million Dollar Baby,’ Dies at 94. He also co-created TV’s ‘Hogan’s Heroes’ and teamed with Burt Reynolds on ‘The Longest Yard’ and the ‘Cannonball Run’ movies. Posted by: andycanuck (ZdexC) at May 29, 2024 11:55 AM (ZdexC) 218
The intent of the Medicare/Medicaid deficits are to force rationing via a NHS. I don't think the Communists have tried to hide this.
Posted by: G'rump928(c) at May 29, 2024 11:55 AM (aD39U) 219
Get rid of computerized medical records. It could be done in a useful way but it's given us doctors paying more attention to screens than the patient.
Posted by: Notsothoreau at May 29, 2024 11:56 AM (yeEu9) 220
206 Come to think of it the Nazis probably spent a lot. Look at the snazzy uniforms alone.
----- Hugo Boss at that! Although ripping off the Italians. Blackshirts much more fashionable than Brown. Posted by: andycanuck (ZdexC) at May 29, 2024 11:56 AM (ZdexC) 221
I don't have anything to build an investment portfolio with, so I suppose I'm the "Person with nothing to lose" who should be on the frontlines.
But I'm not the killer badass the country needs. Posted by: XTC at May 29, 2024 11:56 AM (UnA8+) 222
I believe we are overlooking the economic miracle going on in Argentina. Melie has basically done most of the above suggestions with more to come.
The USA as Trump showed is still an economic powerhouse held back by DC and all its stifling regulatory BS. If DC is removed as the impediment the economy would take off. We need to have mass deportations, I know a green card holder who has had not one but two kidney transplants here, meanwhile I have a friend dying of kidney disease who can’t get one. We need tariffs to return good jobs, etc etc etc, there is an endless list of stuff to fix, but no room to list it here. It would take time but a few more percent of growth with all those cuts would over time haul us out of debt as long as DC is kept from spending another dime. Yes Medicare needs reform, but the free market has never been allowed to have its say, Make folks shop for their care with a budget and it too will be fixed. It won’t get fixed overnight, but it will get fixed if we persist. Paying the fed interest is one of the biggest boondoggles of all time when we have a perfectly good treasury that can print money with out this giant squid sucking the life out of everything. Posted by: 42 at May 29, 2024 11:56 AM (UeYtn) 223
SS was explicitly not intended to pay all of retirement income. It's a foundation, on which personal savings were always intended to build.
Medicare was foolishly more ambitious. It was designed to be the entire health payer for (essentially) every single person over the age of 65. If Medicare became a supplement or a portion of private insurance (analogous to SS), that might improve the situation. But probably not, because the real problem is that politicians decide coverage details and extant, and have zero incentive to limit it in any way. Posted by: Huck Follywood at May 29, 2024 11:57 AM (2SuyT) 224
As far as American medicine goes...
I was in the ER with acute abdominal pain at 9am. Had lab work and a CT within 90 minutes. On the surgery schedule 45 minutes after that. Walked out of the hospital AFTER surgery at just after 3pm. Where else on the planet could that happen? Posted by: nurse ratched at May 29, 2024 11:57 AM (2p8pT) 225
216 Yes, without some deus ex machina technological innovation, this ain't happening. Like - we'd need to lasso an asteroid or some shit at this point
Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 11:53 AM (5C4od) ++++ Yup. Essentially, it's a bet on a new industrial revolution. Last time we made that bet, it worked and we got the Tech Revolution. Is there a new industrial revolution just around that bend up ahead? I don't know, of course, though I doubt it. A lot of folks are betting on AI being that next industrial revolution. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:55 AM (d04cU) Well the rate of fake/wasted labor in developed economies is often incredibly high. Theoretically there's a lot of slack that can be picked up by redeploying that. Posted by: Red Turban Someguy - The Republic is already dead! at May 29, 2024 11:57 AM (eYoxG) 226
Since her husband is the Deputy Assistant Undersecretary of Indigenous Culture Programs, this chilly blonde is firmly opposed to any budget cuts:
http://tiny.cc/1x6ayz Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:51 AM (d04cU) TJM will find something. He's very resourceful. Younger me would find some reason to stroll over and say hi Posted by: OneEyedJack at May 29, 2024 11:57 AM (FCbAQ) 227
SpaceX going to the asteroid belt looking for rhenium, rhodium, platinum, and palladium is the way.
But the Biden Junta is blocking that path. Posted by: NaCly Dog at May 29, 2024 11:58 AM (u82oZ) 228
123
‘ 58 seconds; not great but the Palis run.’ Highly recommend this video. It’s funny but I wish the police had unleashed the dogs. Posted by: Dr. Claw at May 29, 2024 11:58 AM (jbnUc) 229
The longer you wait, the worse the problem and the more painful the solution. Of course, Gov't needs a purpose for its bloated existence, even if that means buying votes and then having a problem it created to "solve".
Posted by: jim (in Kalifornia) at May 29, 2024 11:58 AM (ynpvh) 230
The boobs should hang and sway like nature intended.
Posted by: Bulgaroctonus at May 29, 2024 11:51 AM Within consensual touching range. Posted by: Washington Nearsider at May 29, 2024 11:53 AM (/nCD+) Concur. I want to be able to rub cocoa butter on the translucent and veiny skin. Saggy Boobs Rule! Posted by: Hairyback Guy at May 29, 2024 11:58 AM (od9zZ) 231
Yes, but it's still fake. Government spending is a positive in the GDP equation, and is inclusive of deficits.
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 11:49 AM (d04cU) Baby steps. At least introduce America to a form of reality. Posted by: CharlieBrown'sDildo at May 29, 2024 11:59 AM (d9fT1) 232
Maybe it’s been given the Ace Treatment prior but
How Many Nations Allow “Mail In” Ballots? How Many Do Not? Posted by: Common Tater at May 29, 2024 11:39 AM And of the ones that used to and don't any longer, why? Posted by: RedMindBlueState at May 29, 2024 11:59 AM (ZANHd) 233
As far as American medicine goes...
I was in the ER with acute abdominal pain at 9am. Had lab work and a CT within 90 minutes. On the surgery schedule 45 minutes after that. Walked out of the hospital AFTER surgery at just after 3pm. Where else on the planet could that happen? Posted by: nurse ratched at May 29, 2024 11:57 AM I have had similar experiences. Had a heart scan done on Thursday and was in the hospital for a heart cath the next Tuesday. Roto rootered out with my leaky valve patched up and home in time for dinner that day. Posted by: Mister Scott (Formerly GWS) at May 29, 2024 11:59 AM (QNSds) 234
Austerity now!
Posted by: Frank Costanza at May 29, 2024 12:00 PM (ofGij) 235
Where else on the planet could that happen?
Posted by: nurse ratched at May 29, 2024 11:57 AM (2p8pT) I had a similar experience when I got something stuck in my..that’s not important. Posted by: sniffybigtoe at May 29, 2024 12:00 PM (JTwsP) 236
There must have been many more, judging by the results 70 years later. Completely FUBAR. It has not escaped the notice of many, that what’s left of the Soviet Union doesn’t subscribe to any of their prescriptions for the West. Weird, huh?
Posted by: Common Tater ======= The Russian state economy relies on sales of natural assets such as oil, gold, diamonds, etc. Does not have a good record as far as developing indigenous industries apart from software. That particular industry has imploded due to the invasion of Ukraine and a lot of their skilled programmers have left for the West. Not particularly a good model to follow and China is even worse. Both rely on copious bribes and the kindness of authorities to exist for businesses. That kindness goes and comes in an undependable fashion. Posted by: whig at May 29, 2024 12:00 PM (PkS4e) 237
230 The boobs should hang and sway like nature intended.
Posted by: Bulgaroctonus at May 29, 2024 11:51 AM Within consensual touching range. Posted by: Washington Nearsider at May 29, 2024 11:53 AM (/nCD+) Concur. I want to be able to rub cocoa butter on the translucent and veiny skin. Saggy Boobs Rule! Posted by: Hairyback Guy at May 29, 2024 11:58 AM (od9zZ) "Swing low, sweet chariots." - Creed from The Office Posted by: The Central Scrutinizer at May 29, 2024 12:00 PM (KbCG3) 238
I was in the ER with acute abdominal pain at 9am. Had lab work and a CT within 90 minutes. On the surgery schedule 45 minutes after that. Walked out of the hospital AFTER surgery at just after 3pm.
Where else on the planet could that happen? Posted by: nurse ratched Was this at the hospital where you work? Did they give you special attention because they knew you? Posted by: Bulgaroctonus at May 29, 2024 12:00 PM (v6JzV) 239
I have had similar experiences. Had a heart scan done on Thursday and was in the hospital for a heart cath the next Tuesday. Roto rootered out with my leaky valve patched up and home in time for dinner that day.
Posted by: Mister Scott (Formerly GWS) at May 29, 2024 11:59 AM Plate of bacon? Posted by: Mnnfidel at May 29, 2024 12:00 PM (ewjUl) 240
214 Not wishing to start a gun thread, but firearms are the easiest stored items that have value never going down, even cheapos. Oil them up, make sure no springs are in a compressed position and you're good to go. Times I have seen something dirt cheap like a Taurus or a Heritage I have picked them up, knowing something like that will be useful for somebody on a budget. Imagine if things go real sideways how many loaves of bread that old Mossberg .22 and a box of ammo will get you.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:00 PM (V5eKu) 241
‘ 58 seconds; not great but the Palis run.’
Highly recommend this video. It’s funny but I wish the police had unleashed the dogs. Posted by: Dr. Claw at May 29, 2024 11:58 AM Fur missiles authorized. Weapons free. Posted by: RedMindBlueState at May 29, 2024 12:01 PM (ZANHd) 242
Baby steps. At least introduce America to a form of reality.
Posted by: CharlieBrown'sDildo at May 29, 2024 11:59 AM (d9fT1) ++++ Real GDP is already inflation-adjusted. Not by enough, probably, but that's the norm. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:01 PM (d04cU) 243
Was this at the hospital where you work? Did they give you special attention because they knew you?
Posted by: Bulgaroctonus No. Posted by: nurse ratched at May 29, 2024 12:01 PM (zKsIc) 244
Where else on the planet could that happen?
Posted by: nurse ratched at May 29, 2024 11:57 AM (2p8pT) I had a similar experience when I got something stuck in my..that’s not important. You're an adult, and you got a penny stuck in your nose? Posted by: Archimedes at May 29, 2024 12:01 PM (xCA6C) 245
eepers guys. Sounds like a whole bunch of you would be happier day drinking.
Go for a walk. Smell the flowers. Listen to the birds. Call someone and tell them you appreciate them. Posted by: nurse ratched at May 29, 2024 11:30 AM (H3kqf) Have you noticed that when something even nominally good happens it just leads to something even worse than before? Hey everybody, the horse is dead, let's kick it!!! Posted by: Outside of Life at May 29, 2024 12:01 PM (89Sog) 246
Huck Follywood
Killing people over 65 is a Democrat / WEF answer. It is a cultureal disaster, and civilization ending. But so? COVID-19 Wuhan and now bird flu are governmental answers to debt. Next? Government hit squads on high pension receivers from IL, CA, NY, MN, NJ, and KS. Posted by: NaCly Dog at May 29, 2024 12:02 PM (u82oZ) Posted by: Obligatory Seinfeld reference at May 29, 2024 12:02 PM (ofGij) 248
245 eepers guys. Sounds like a whole bunch of you would be happier day drinking.
Go for a walk. Smell the flowers. Listen to the birds. Call someone and tell them you appreciate them. Posted by: nurse ratched at May 29, 2024 11:30 AM (H3kqf) Have you noticed that when something even nominally good happens it just leads to something even worse than before? Hey everybody, the horse is dead, let's kick it!!! Posted by: Outside of Life at May 29, 2024 12:01 PM (89Sog) Has anyone ever wondered why we're okay kicking live horses? Or better yet, why not kick a horse when the damn thing can't kick you back? Posted by: The Central Scrutinizer at May 29, 2024 12:02 PM (KbCG3) 249
223 SS was explicitly not intended to pay all of retirement income. It's a foundation, on which personal savings were always intended to build.
++++ We also had private pensions at a time when such plans were valued by c-suite denizens. Then we decided that the state should prohibit reasonable benefits for high earners from tax qualified plans so the high earners who sponsored the plans had them killed. Posted by: Oglebay at May 29, 2024 12:02 PM (ogTiX) 250
Concur. I want to be able to rub cocoa butter on the translucent and veiny skin.
Saggy Boobs Rule! Posted by: Hairyback Guy at May 29, 2024 11:58 AM Over here, sailor... Posted by: Nazi Peolsi at May 29, 2024 12:02 PM (ZANHd) 251
Letting cars sit is a good way to watch money rot.
Professionals know how to store cars and it's not free. Everyone else has their "investment" rot Posted by: OneEyedJack at May 29, 2024 11:54 AM (FCbAQ) At the very least, the vehicles have to be stored indoors in a sealed, rodent-proof building, placed on jack stand so the tires don't get flat-spotted. The building will cost as much as the cars stored in it. Posted by: Alberta Oil Peon at May 29, 2024 12:02 PM (05iS8) 252
251 At the very least, the vehicles have to be stored indoors in a sealed, rodent-proof building, placed on jack stand so the tires don't get flat-spotted. The building will cost as much as the cars stored in it.
Posted by: Alberta Oil Peon at May 29, 2024 12:02 PM (05iS ========= We could just store them upside down! Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:03 PM (GBKbO) 253
ironically, ending medicare/medicaid and going back to no government involvement would bring down prices and make the health system better. That would fix a lot of the federal deficits, but that should just be where we start
Posted by: TheITGuy at May 29, 2024 12:03 PM (YnEmW) 254
Over the years, do my full mags age faster than my empty ones? I don't think they do.
Posted by: BourbonChicken at May 29, 2024 12:03 PM (cf/0E) 255
253 ironically, ending medicare/medicaid and going back to no government involvement would bring down prices and make the health system better. That would fix a lot of the federal deficits, but that should just be where we start
Posted by: TheITGuy at May 29, 2024 12:03 PM (YnEmW) ======= But then you want poor people to die because doctors would price gouge them in times of need. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:04 PM (GBKbO) 256
As far as American medicine goes...
I was in the ER with acute abdominal pain at 9am. Had lab work and a CT within 90 minutes. On the surgery schedule 45 minutes after that. Walked out of the hospital AFTER surgery at just after 3pm. Where else on the planet could that happen? Posted by: nurse ratched at May 29, 2024 11:57 AM I have had similar experiences. Had a heart scan done on Thursday and was in the hospital for a heart cath the next Tuesday. Roto rootered out with my leaky valve patched up and home in time for dinner that day. Posted by: Mister Scott (Formerly GWS) at May 29, 2 Yes , just like our form government, our medical system is the best of the worst. I would include the USPS in that category too. Posted by: polynikes at May 29, 2024 12:04 PM (SHMXB) 257
204 Voters cannot be bribed with money spent on reducing the national debt. This is a problem.
Posted by: Oglebay ------- That is why people are not going to be able to vote is my guess. It will be presented as fait accompli. For what is coming, the large number of IMF rescue of countries give a pretty fair reading. Roughly one decade or so of societal misery. That can be lengthened if the government refuses to do what has to be done. Posted by: whig at May 29, 2024 12:04 PM (PkS4e) 258
Real GDP is already inflation-adjusted. Not by enough, probably, but that's the norm.
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:01 PM (d04cU) Oops. I should have said "real inflation rate." Not the fake Potemkin rate the government bullsh*ts us with. Posted by: CharlieBrown'sDildo at May 29, 2024 12:04 PM (d9fT1) 259
Today South Africa is voting. They are tired of 30 years of the ANC, African National Congress - all graft and no progress. However let's hope that Julius Malema's party, EFF. This is the "Kill The Boer" party. Also the one which wants to open its borders to the rest of Africa.
https://tinyurl.com/48jrmx8h Posted by: Ciampino - 1994-2024 Hmm at May 29, 2024 12:04 PM (qfLjt) 260
251 Or the Jay Leno method. He takes them out and drives them. On a regular basis.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:04 PM (V5eKu) 261
As far as American medicine goes...
I was in the ER with acute abdominal pain at 9am. Had lab work and a CT within 90 minutes. On the surgery schedule 45 minutes after that. Walked out of the hospital AFTER surgery at just after 3pm. Where else on the planet could that happen? Posted by: nurse ratched at May 29, 2024 11:57 AM (2p8pT) Concur. Back in October 2023 went in for new hip at 0700, walked out with my walker at 14:30. Home by 15:30. Never been treated better in my life either. The nurse who shaved me down looked like Danny DeVito but she was very skilled and gentle. Posted by: Hairyback Guy at May 29, 2024 12:04 PM (od9zZ) 262
Or better yet, why not kick a horse when the damn thing can't kick you back?
You better watch your ass, pal. Posted by: Mr Ed at May 29, 2024 12:04 PM (Q0kLU) Posted by: MAGA_Ken at May 29, 2024 12:05 PM (2fIO4) Posted by: From Eric The Car Guy at May 29, 2024 12:05 PM (ofGij) 265
Or better yet, why not kick a horse when the damn thing can't kick you back?
======== "If I don't keep kicking, he might get back up and fight back some day." -Ender Wiggin Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:05 PM (GBKbO) 266
259 Today South Africa is voting. They are tired of 30 years of the ANC, African National Congress - all graft and no progress. However let's hope that Julius Malema's party, EFF. This is the "Kill The Boer" party. Also the one which wants to open its borders to the rest of Africa.
https://tinyurl.com/48jrmx8h Posted by: Ciampino - 1994-2024 Hmm at May 29, 2024 12:04 PM (qfLjt) So they can vote to EFF the ANC? Posted by: jim (in Kalifornia) at May 29, 2024 12:06 PM (ynpvh) 267
she was very skilled and gentle.
Posted by: Hairyback Guy at May 29, 2024 12:04 PM (od9zZ) Those hospital hand jobs are great! Posted by: CharlieBrown'sDildo...typical perverted Moron at May 29, 2024 12:07 PM (d9fT1) 268
So they can vote to EFF the ANC?
Posted by: jim (in Kalifornia) at May 29, 2024 12:06 PM (ynpvh) ++++ ANC or "ANC but even bigger, more corrupt and more racist!" The Western Cape will probably not vote for either. The rest will pick one. My bet is that the ANC holds on. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:07 PM (d04cU) 269
Well the rate of fake/wasted labor in developed economies is often incredibly high. Theoretically there's a lot of slack that can be picked up by redeploying that.
Posted by: Red Turban Someguy - The Republic is already dead! at May 29, 2024 11:57 AM (eYoxG) I believe this - I just don't know how you get people to major in STEM as opposed to critical studies. With regards to Argentina - this proves my point upthread - an actual crisis - like what happened in Argentina - is required to make the drastic changes necessary. That's just the reality of the human condition. Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 12:07 PM (5C4od) 270
Yeah a lot of the discussions get bogged down by people suggesting things like food, water, supplies, guns or ammo, medicine etc.
The question is, “where do I put my money after I have the bases covered?” What I noticed, people are weird. Nobody wanted silver bullion when it was $4 and I bought all I could. Any asset, or investment has to be “hot” before any interest gets involved. I sold a shitload when it hit $48 on general principles in 2011. Everybody wanted it then. You make money on the buy. Try to find undervalued assets. But paper currencies from any government are probably not the place to hold. But if you choose to Treasury Direct accounts are free. No reason to hold T- bills or notes through a third party. No advantage, some risk. Can buy any duration from 1 day to 30 years, everything in between. Posted by: Common Tater at May 29, 2024 12:08 PM (PpROq) 271
Disagree. Social Security is fixable. Politically unpopular, but doable. Medicare is not. Even with zeroing Medicaid, Medicare is still running more than a half trillion in the hole. The tax for it is too low and the service it buys is too expensive. The first point helps with that, and might fix it, but Medicare is unfixable absent that or nationalization and subsequent rationing.
------------- Rep Schweikert looked at the info and said diabetes accounts for a significant amount of federal health care spending, something like 30% to 40%. He proposed a program to reduce diabetes in the population which will pay for itself and then some to reduce Medicaid/Medicare spending. Posted by: MAGA_Ken at May 29, 2024 12:08 PM (2fIO4) 272
254 A year or two ago I found, in a storage tub, a gun I had forgot about, a Taurus Slim. This thing had been in deep storage for a couple years. A few months ago, at the bottom of the tote, I found a loaded mag for said pistol, loaded for at least three and a half years. Worked fine, did a mag dump.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:08 PM (V5eKu) 273
271 Rep Schweikert looked at the info and said diabetes accounts for a significant amount of federal health care spending, something like 30% to 40%. He proposed a program to reduce diabetes in the population which will pay for itself and then some to reduce Medicaid/Medicare spending.
Posted by: MAGA_Ken at May 29, 2024 12:08 PM (2fIO4) ======= The prescription for covid told the world that those in government don't want healthy people. They want us fat and unhealthy. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:09 PM (GBKbO) 274
259 Today South Africa is voting. They are tired of 30 years of the ANC, African National Congress - all graft and no progress. However let's hope that Julius Malema's party, EFF. This is the "Kill The Boer" party. Also the one which wants to open its borders to the rest of Africa.
https://tinyurl.com/48jrmx8h Posted by: Ciampino - 1994-2024 Hmm at May 29, 2024 12:04 PM (qfLjt) +++++ Salvage what's worth saving and free the Cape. Posted by: Oglebay at May 29, 2024 12:10 PM (ogTiX) 275
Governmental austerity ain't happening unless it benefits the oligarchs who control the governments.
Posted by: davidt at May 29, 2024 12:10 PM (SYTee) 276
Rep Schweikert looked at the info and said diabetes accounts for a significant amount of federal health care spending, something like 30% to 40%. He proposed a program to reduce diabetes in the population which will pay for itself and then some to reduce Medicaid/Medicare spending.
Posted by: MAGA_Ken at May 29, 2024 12:08 PM (2fIO4) ++++ Also a good idea. There's no single fix - even that one, if it can be made to work - but it will require a *lot* of fixes. Dialysis is another big problem, and a lot of the need for dialysis is caused by deferring problems with pharmaceuticals (a lot of them are hell on the kidneys). Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:10 PM (d04cU) 277
The prescription for covid told the world that those in government don't want healthy people.
They want us fat and unhealthy. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:09 They want us quiet and compliant. Fat and healthy just helps them keep us there. Posted by: Washington Nearsider at May 29, 2024 12:10 PM (/nCD+) 278
272 254 A year or two ago I found, in a storage tub, a gun I had forgot about, a Taurus Slim. This thing had been in deep storage for a couple years. A few months ago, at the bottom of the tote, I found a loaded mag for said pistol, loaded for at least three and a half years. Worked fine, did a mag dump.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:08 PM (V5eKu Was it yours? Posted by: Eromero at May 29, 2024 12:10 PM (o2ZRX) 279
OK, so my car idea has some holes in it.
Posted by: Mnnfidel at May 29, 2024 12:10 PM (ewjUl) 280
115 Jeepers guys. Sounds like a whole bunch of you would be happier day drinking.
Go for a walk. Smell the flowers. Listen to the birds. Call someone and tell them you appreciate them. Posted by: nurse ratched at May 29, 2024 11:30 AM (H3kqf) That doesn't seem very "Smart Military Blog", though. Posted by: XTC at May 29, 2024 12:10 PM (UnA8+) 281
279 OK, so my car idea has some holes in it.
Posted by: Mnnfidel at May 29, 2024 12:10 PM (ewjUl) ====== Those are speed holes. They make the car go faster. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:11 PM (GBKbO) 282
Those are speed holes. They make the car go faster.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:11 PM (GBKbO) ++++ They work really well. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:11 PM (d04cU) 283
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:08 PM (V5eKu)
The debate continues on whether a loaded mag will weaken the spring over time. I think science says it does not. Posted by: polynikes at May 29, 2024 12:11 PM (SHMXB) 284
282 Those are speed holes. They make the car go faster.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:11 PM (GBKbO) ++++ They work really well. Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:11 PM (d04cU) ====== You want my advice? I think you should buy this car. Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:11 PM (GBKbO) Posted by: Common Tater at May 29, 2024 12:12 PM (PpROq) 286
04 Voters cannot be bribed with money spent on reducing the national debt. This is a problem.
Posted by: Oglebay Exactly. Signed. Douchenozzle who has a degree in womenz culture and just had us pay for his worthless degree. Posted by: Mnnfidel at May 29, 2024 12:12 PM (ewjUl) 287
Apropos of nothing, Mrs928 made her usual fruit and nut breakfast bread today, but substituted jalapenos and cheese for the fruit and nuts. It is ... interesting. Certainly waking up by mouth and digestive tract.
Posted by: G'rump928(c) at May 29, 2024 12:13 PM (aD39U) 288
285 “Talk is Cheap”.
Well no. Not really. Talk is really really expensive, get right down to it. Posted by: Common Tater at May 29, 2024 12:12 PM (PpROq) If You're Trump you get sued for it Posted by: It's me donna at May 29, 2024 12:13 PM (Akjoo) 289
283 Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:08 PM (V5eKu)
The debate continues on whether a loaded mag will weaken the spring over time. I think science says it does not. Posted by: polynikes IF YALL PAID ATTENTION TO THE GUN THREAD, you would know the answer to this question. Posted by: nurse ratched at May 29, 2024 12:13 PM (Fvr4I) 290
The debate continues on whether a loaded mag will weaken the spring over time. I think science says it does not.
Posted by: polynikes at May 29, 2024 12:11 PM But what does The Science (TM) say? Posted by: RedMindBlueState at May 29, 2024 12:13 PM (ZANHd) 291
I found a loaded mag for said pistol, loaded for at least three and a half years. Worked fine, did a mag dump.
------ I think Weasel posted it and I didn't find it on my own but there was a video with a guy using rifle magazines that he'd forgotten about for years. I think at least five years and they shot fine as well even having had the magazine springs under compression for all of that time. I've forgotten the ammo maker that might have played a role as well. Posted by: andycanuck (ZdexC) at May 29, 2024 12:13 PM (ZdexC) 292
I believe this - I just don't know how you get people to major in STEM as opposed to critical studies.
That's not really the question. We only need so many people in STEM, and most people simply aren't capable of making a real contribution there. We've got to return to a place where working in a factory, making THINGS, is an acceptable career again. Posted by: Archimedes at May 29, 2024 12:13 PM (xCA6C) 293
283 Jeff Cooper locked a couple 1911 mags, fully loaded, in a safe and came back after a couple years and they worked as advertised.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:13 PM (V5eKu) 294
Dialysis is another big problem, and a lot of the need for dialysis is caused by deferring problems with pharmaceuticals (a lot of them are hell on the kidneys).
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:10 PM (d04c I think diabetes is also a cause for kidney disease. Posted by: polynikes at May 29, 2024 12:13 PM (SHMXB) 295
“Just Die Quietly. Don’t Ask Too Many Questions” has been the operational conditioning for much of my life. They pretty much say this out loud now, depending.
Posted by: Common Tater at May 29, 2024 12:14 PM (PpROq) 296
IF YALL PAID ATTENTION TO THE GUN THREAD, you would know the answer to this question.
Posted by: nurse ratched at May 29, 2024 12:13 PM There is much spring steel in nurse's words. Posted by: RedMindBlueState at May 29, 2024 12:14 PM (ZANHd) Posted by: NaCly Dog at May 29, 2024 12:14 PM (u82oZ) 298
Those are speed holes. They make the car go faster.
Posted by: TheJamesMadison, fighting kaiju with Ishiro Honda at May 29, 2024 12:11 PM (GBKbO) ++++ They work really well. Posted by: Joe Mannix (Not a cop!) Just a way to improvise a ram air hood. Posted by: BruceWayne at May 29, 2024 12:14 PM (CIS44) 299
240 214 Not wishing to start a gun thread, but firearms are the easiest stored items that have value never going down, even cheapos. Oil them up, make sure no springs are in a compressed position and you're good to go. Times I have seen something dirt cheap like a Taurus or a Heritage I have picked them up, knowing something like that will be useful for somebody on a budget. Imagine if things go real sideways how many loaves of bread that old Mossberg .22 and a box of ammo will get you.
Posted by: bill in arkansas ------ Store of value like gold or silver but also at risk for theft or appropriation via government fiat like FDR's seizure of gold in the Depression and the damn close failure to do so in the original NFA legislation draft. During really bad downturns where civil society still exist, food and medicine become the ultimate goods perhaps along with booze/drugs for killing the emo pain from the societal depression. Posted by: whig at May 29, 2024 12:15 PM (PkS4e) 300
280 115 Jeepers guys. Sounds like a whole bunch of you would be happier day drinking.
Go for a walk. Smell the flowers. Listen to the birds. Call someone and tell them you appreciate them. Posted by: nurse ratched at May 29, 2024 11:30 AM (H3kqf) That doesn't seem very "Smart Military Blog", though. Posted by: XTC at May 29, 2024 12:10 PM (UnA8+) Gunpowder scented candles can do the job? Posted by: Outside of Life at May 29, 2024 12:15 PM (89Sog) 301
Black powder firearms will shoot reliably for years and years after being loaded, too.
Lotsa old Husband’s Tales out there. Posted by: Common Tater at May 29, 2024 12:15 PM (PpROq) 302
The science says a spring gives up after x-thousand compressions and decompressions, and time is not a noticeable factor.
Posted by: BourbonChicken at May 29, 2024 12:16 PM (cf/0E) 303
294 Dialysis is another big problem, and a lot of the need for dialysis is caused by deferring problems with pharmaceuticals (a lot of them are hell on the kidneys).
Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:10 PM (d04c I think diabetes is also a cause for kidney disease. Posted by: polynikes at May 29, 2024 12:13 PM (SHMXB) Not the only causes. Ask me. And yes, I was on Medicare when I was on dialysis and was off after my transplant. Posted by: jim (in Kalifornia) at May 29, 2024 12:16 PM (ynpvh) 304
odka shooters.
That is my investment plan. And Woodford Reserve shooters for the high end items. Posted by: NaCly Dog at May 29, 2024 12:16 PM (u82oZ) Posted by: Outside of Life at May 29, 2024 12:16 PM (89Sog) 306
We only need so many people in STEM, and most people simply aren't capable of making a real contribution there.
Posted by: Archimedes This. I get so tired of people babbling about STEM, STEM, STEM all the time. Many people, perhaps most, just aren't cut out for that sort of thing. If you let people into those fields who aren't qualified, the standards are inevitably going to fall, and they will be dumbed down. Leave that stuff to the people who can do it competently. Posted by: Bulgaroctonus at May 29, 2024 12:16 PM (v6JzV) 307
If I keep my RG23 loaded at all times, will it weaken the cylinder spring?
Question asked on Quora Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:17 PM (V5eKu) 308
I’ve had a dozen 30 round Magpulmagazines loaded for at least a decade. I take the HPBT’s out of a couple of them whenever I do any target practice and have never had a problem.
Of course, I have plenty of fresh, still sealed magazines should any problems arise. YMMV. Posted by: Nigel West Dickens at May 29, 2024 12:17 PM (Y8lzz) 309
https://tinyurl.com/mr2m8dav
gunpowder candle. Posted by: Outside of Life at May 29, 2024 12:16 PM (89Sog) Unfortunate spelling mistake on the candle, though. Posted by: spindrift at May 29, 2024 12:17 PM (OguvZ) 310
Then: Deficits don't matter. Modern Monetary Theory rules!
Now: All these price increases have nothing to do with all the spending we are doing. All the companies just got greedy at the same time and at about the same amount Posted by: 18-1 at May 29, 2024 12:17 PM (ibTVg) 311
I know!!! How about a war? It fixed the Depression. It'll fix this too. War - the new superfood.
Posted by: Dick-liz Cheney at May 29, 2024 12:17 PM (z5JUV) 312
Watched The Road a few nights ago. Only thing I didn't like is the premise ALL the animals supposedly died.
Posted by: polynikes at May 29, 2024 12:18 PM (SHMXB) 313
Recently reconditioned a bunch of 1940's STEN gun magazines. Original mag springs were supposed to be 12.5 inches or thereabouts, old springs some measured 10.5 inches some 11 and some were broke in half. New mag springs measured 14.0 inches.
Use and time was the killer of the mag springs is what I surmise. All 32 mags work just fine now with the new mag springs installed. Posted by: Hairyback Guy at May 29, 2024 12:18 PM (od9zZ) 314
Nobody is going to listen to a corrupt, perverted clown show outlawing self defense (guns) at this point.
It would only serve to highlight their incompetence and malevolence and “scare the rubes”. They have screwed the pooch with the YOLO stuff already. “Tune In, Turn On, Drop Out” is a thing, without the government supplied acid, mostly. Posted by: Common Tater at May 29, 2024 12:18 PM (PpROq) 315
Watched The Road a few nights ago. Only thing I didn't like is the premise ALL the animals supposedly died.
Posted by: polynikes I like that movie, but the book is one of my all time favs Posted by: BruceWayne at May 29, 2024 12:18 PM (CIS44) 316
If I keep my RG23 loaded at all times, will it weaken the cylinder spring?
Question asked on Quora Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:17 PM -_- Posted by: RedMindBlueState at May 29, 2024 12:19 PM (ZANHd) 317
That's not really the question. We only need so many people in STEM, and most people simply aren't capable of making a real contribution there. We've got to return to a place where working in a factory, making THINGS, is an acceptable career again.
Posted by: Archimedes at May 29, 2024 12:13 PM (xCA6C) Yeah I get it - not everyone is STEM-worthy - it was a throwaway line - same issue though - you've got to incentivize people to work in factories again instead of going to school for 12 years to end up with a PhD in Tranny Studies, who then gets a job with a well funded Soros organization full of blue hairs that want to dismantle the American system in an attempt to satisfy an insatiable desire deep within their Godless soul. More accurate? Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 12:19 PM (5C4od) Posted by: The Grounded Unvaxxed and Unmasked Ranger at May 29, 2024 12:19 PM (VTu1l) 319
301 Black powder firearms will shoot reliably for years and years after being loaded, too.
Lotsa old Husband’s Tales out there. Posted by: Common Tater at May 29, 2024 12:15 PM (PpROq) Dad told me story about a security guard that had to use his gun against an assailant back in the 40s or 50s; the ammo was too old. As the guard was shooting, he could see the bullets dropping in the air... So yes, some things DO get too old. Until my asshole brother had my grandpa's .45s destroyed, those wouldn't have worked either, most likely; they were, after all, about 100 years old when he destroyed them. Posted by: jim (in Kalifornia) at May 29, 2024 12:19 PM (ynpvh) 320
306 This. I get so tired of people babbling about STEM, STEM, STEM all the time. Many people, perhaps most, just aren't cut out for that sort of thing. If you let people into those fields who aren't qualified, the standards are inevitably going to fall, and they will be dumbed down. Leave that stuff to the people who can do it competently.
Posted by: Bulgaroctonus at May 29, 2024 12:16 PM (v6JzV) But an Engineering degree is the official mark of the Horde! Posted by: XTC at May 29, 2024 12:19 PM (UnA8+) 321
Now: All these price increases have nothing to do with all the spending we are doing. All the companies just got greedy at the same time and at about the same amount
Posted by: 18-1 at May 29, 2024 12:17 PM (ibTVg) ++++ Also, it's because those greedy companies are doing their boy Trump a solid! Posted by: Joe Mannix (Not a cop!) at May 29, 2024 12:19 PM (d04cU) 322
Oh, how many 70-somethings I know with knee and shoulder replacements.
Old people are getting surgeries that previous generations could never afford. Posted by: No one of any consequence. at May 29, 2024 12:20 PM (VuZH8) 323
This situation and its inevitable end point have been obvious since it was first instituted. I expect those with magical thinking to cheer it on, but the frustrating thing is the number of other, supposedly rugged individualists, who have a hand out and a greedy eye on the gibzmedats they see as their birthright.
This is a yuge part of what I call the 100 year cultural lie that Americans have told their children since Progressive Pedocrat Woodrow Wilson got the ball rolling with the 16th amendment back in 1913. Federal income taxes are the spigot from which all the goodies flow. Americans are the hydrostatic pressure that causes the goodies to gush forth, both as a consequence of the desires of those with a hand out and those whose hands perform the work. If you fail to understand that every person who eats due to cashing a federal check is your mortal enemy, you cannot grasp the concept Morpheus tried to teach to Neo - all of these people are so inert, so hopelessly dependent on the system that they will fight you to protect it. Posted by: insurgens ad opus at May 29, 2024 12:20 PM (rJmGW) 324
Not the only causes. Ask me. And yes, I was on Medicare when I was on dialysis and was off after my transplant.
Posted by: jim (in Kalifornia) at May 29, 2024 12:16 PM (ynpvh) Of course it's not the only cause. And diabetes is also not only a life style disease. Posted by: polynikes at May 29, 2024 12:20 PM (SHMXB) 325
Oh, how many 70-somethings I know with knee and shoulder replacements.
Old people are getting surgeries that previous generations could never afford. Posted by: No one of any consequence. Don't forget about us! -Replacement hips Posted by: BruceWayne at May 29, 2024 12:20 PM (CIS44) 326
Guessing the Head Ewok is waiting for the Kangaroo Kourt to deliver its bogus Guilty verdict before waking up?
Posted by: XTC at May 29, 2024 12:21 PM (UnA8+) 327
Unfortunate spelling mistake on the candle, though.
Posted by: spindrift at May 29, 2024 12:17 PM (OguvZ) Look, it has the correct aroma. You's looking's for's some's perfection's or what there mein herr grammar führer? Posted by: Outside of Life at May 29, 2024 12:21 PM (89Sog) 328
311 I know!!! How about a war? It fixed the Depression. It'll fix this too. War - the new superfood.
Posted by: Dick-liz Cheney at May 29, 2024 12:17 PM (z5JUV) Unless you end up like Eastern Europe for 50 years... Posted by: jim (in Kalifornia) at May 29, 2024 12:21 PM (ynpvh) 329
Shelf life of ammo is at least 100 years if properly stored. Same for black powder.
Posted by: Xipe Totec at May 29, 2024 12:21 PM (pohLc) 330
Recently reconditioned a bunch of 1940's STEN gun magazines. [etc.]
------ I think the Weasel video guy measured the springs too and didn't find appreciable differences although not using WW2 surplus magazines. Posted by: andycanuck (ZdexC) at May 29, 2024 12:21 PM (ZdexC) 331
.
NOOD Cuckold Review: Republicans Have a Sacred Duty to Rewrite Ohio State Law to Put Joe Biden on the Ballot Posted by: Grumpy and Recalcitrant at May 29, 2024 12:22 PM (O7YUW) 332
deficits do matter because the action of writing those deficits demands that the Fed cover them, and that creates money in they system.
Since that makes the money everyone is already holding worth less, (inflation you know) , the only way to defend your value of what you have is to put it into something that keeps it value, from commodities, to stocks to properties, and that just forces the cost up (which is the other side of inflation) this is Cantillon and Mises and backed by reality, but those with the printing press like Keynes and Samuelson instead since they advise writing bad checks and squaring them later Posted by: Kindltot at May 29, 2024 12:22 PM (D7oie) 333
Why don't we stop pimping for Big Pharma and do some serious investigation into repurposing drugs? There are cheap drugs that might be effective against cancer but you won't see any serious trials for them.
Posted by: Notsothoreau at May 29, 2024 12:22 PM (yeEu9) 334
320 306 This. I get so tired of people babbling about STEM, STEM, STEM all the time. Many people, perhaps most, just aren't cut out for that sort of thing. If you let people into those fields who aren't qualified, the standards are inevitably going to fall, and they will be dumbed down. Leave that stuff to the people who can do it competently.
Posted by: Bulgaroctonus at May 29, 2024 12:16 PM (v6JzV) But an Engineering degree is the official mark of the Horde! Posted by: XTC at May 29, 2024 12:19 PM (UnA8+) Unless it's Social Engineering. That Stuff is communist. Posted by: jim (in Kalifornia) at May 29, 2024 12:22 PM (ynpvh) 335
NOOD
Posted by: jim (in Kalifornia) at May 29, 2024 12:22 PM (ynpvh) 336
Imagine being a life-long Republican voter with Conservative values who longs for the day he's finally able to qualify for total government dependency.
Now explain what #conservativevalues even mean. Posted by: insurgens ad opus at May 29, 2024 12:22 PM (rJmGW) Posted by: Anna Puma at May 29, 2024 12:23 PM (r9WNo) 338
Greetings from the train from Salisbury to Basingstoke. Had the most amazing day today at Salisbury Cathedral. Took the tower tour. Didn't fall down any of the 330 steps, or off the balcony. Truly incredible experience!!
Posted by: screaming in digital at May 29, 2024 12:23 PM (LhnPJ) 339
Walking around base in Vietnam our standard load was one mag in the M16, two on our belt. Being poor Marines we had the twenty round variety and were told 15 to a mag. Unless we had to go on the wire and it was as much as you can carry baby.
Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at May 29, 2024 12:23 PM (V5eKu) 340
Nood cucks.
Posted by: Washington Nearsider at May 29, 2024 12:23 PM (/nCD+) 341
Country's been dead a while now. Like a corpse, the hair, fingernails keep growing for a while.
When it hits, and the food runs out. It'll be: The Road. Posted by: So you got that to look forward to at May 29, 2024 12:23 PM (asezS) 342
Watched The Road a few nights ago. Only thing I didn't like is the premise ALL the animals supposedly died.
Posted by: polynikes I like that movie, but the book is one of my all time favs Posted by: BruceWayne at May 29, 2024 12:18 PM (CIS People say it's depressing and dark but I saw the movie as a message never to give up and never abandon you morals. I don't know if the book was different. Posted by: polynikes at May 29, 2024 12:23 PM (SHMXB) 343
We've got to return to a place where working in a factory, making THINGS, is an acceptable career again.
Posted by: Archimedes THIS -- we need to reindustrialize the country. The COVID supply chain problems should have scared everyone, China will kick our ass if we go to war because they freaking make everything we used to make. Wait until they take Taiwan and the computer chip fabs we are all totally dependent on. Money is just a symbol used to represent productivity, if the productivity isn't there it is worthless. The BRICs alliance is dead set on killing the US dollar off as the reserve currency, which is far as I can tell is the thing keeping us going, and BRICs countries are led by ruthless, brilliant leaders/dictators as opposed to the feckless, dementia and DEI raddled retards we have leading us. Posted by: MaureenTheTemp at May 29, 2024 12:24 PM (1KCcl) 344
314 Nobody is going to listen to a corrupt, perverted clown show outlawing self defense (guns) at this point.
It would only serve to highlight their incompetence and malevolence and “scare the rubes”. They have screwed the pooch with the YOLO stuff already. Posted by: Common Tater ======= Govt prohibition introduces disruption in the industry as it destroys domestic producers of arms (Britain, for example, used to have a very healthy small arms industry), makes deals go black market with randomized results, and enables government to hike possession of forbidden guns as a means to imprison regime enemies. That scares off people being able to practice, buy replacement ammo, and so on. NY City is an example where the criminals are armed and unless you are wealthy, most law abiding people are not. The purpose for government is always control for them and less freedom for the politically unconnected. When discussing investments, it is best to have a cold cold heart because risk assessment is necessary. In the developing world, personal knowledge is the most portable source of wealth and hardest to seize. Posted by: whig at May 29, 2024 12:25 PM (PkS4e) 345
We've got to return to a place where working in a factory, making THINGS, is an acceptable career again. Posted by: Archimedes at May 29, 2024 12:13 PM So true. I had a manufacturing plant and visited a lot of others in the same field. You walk in, it looked like America. Some smart people, some not so smart people, some people with disabilities, people of all colors working together. Happy people. Jobs that lasted for decades and bought homes, and cabins in the woods, and boats, and all sorts of toys that made the drudgery of life in a factory worthwhile. A lot of Chinese now have those jobs and the word is they hate them. Posted by: Divide by Zero at May 29, 2024 12:27 PM (RKVpM) 346
If you fail to understand that every person who eats due to cashing a federal check is your mortal enemy, you cannot grasp the concept Morpheus tried to teach to Neo - all of these people are so inert, so hopelessly dependent on the system that they will fight you to protect it.
Posted by: insurgens ad opus at May 29, 2024 12:20 PM (rJmGW) This is the real truth right here. Might be true of all those cashing a state check as well, depending on your state. Posted by: Milquetoast Mortgage-Paying Neighbor in Flyover Country at May 29, 2024 12:27 PM (5C4od) 347
333 Why don't we stop pimping for Big Pharma and do some serious investigation into repurposing drugs? There are cheap drugs that might be effective against cancer but you won't see any serious trials for them.
Posted by: Notsothoreau ------ Yes there are. But our system is skewed by reliance on expensive patented drugs while quite ironically, at the low end, generic manufacturers are literally going broke due to competition worldwide. Including those in India. The temptation then is to degrade quality. Sigh. Tis a dilemma in truly free markets of buyers and sellers because once the regulation starts--the capture of regulators becomes the game for sellers. Posted by: whig at May 29, 2024 12:28 PM (PkS4e) 348
259 Today South Africa is voting. They are tired of 30 years of the ANC, African National Congress - all graft and no progress. However let's hope that Julius Malema's party, EFF. This is the "Kill The Boer" party. Also the one which wants to open its borders to the rest of Africa.
---- I left out a crucial phrase: However let's hope that Julius Malema's party, EFF, doesn't win anything consequential! Posted by: Ciampino - 1994-2024 Hmm! at May 29, 2024 12:31 PM (qfLjt) 349
Call someone and tell them you appreciate them.
Posted by: nurse ratched Sofia Vergara has blocked my calls. Posted by: Bulgaroctonus at May 29, 2024 11:35 AM (v6JzV) Ann-Margret still has a restraining order...... Posted by: thatcrazyjerseyguy now with twice the crazy at May 29, 2024 12:43 PM (iODuv) 350
No replacements, although one knee is bone on bone
Posted by: Notsothoreau at May 29, 2024 12:47 PM (yeEu9) Posted by: thatcrazyjerseyguy now with twice the crazy at May 29, 2024 12:55 PM (iODuv) 352
I have to admit: I am part of the problem. I am an expensive dialysis patient. I see the bills every month and thank Great Ghu himself that when I chose a supplement, I chose the biggest, ugliest plan the Blues offered. If it wasn't for the combination of Medicare and the Blues, Himself would be out on the street and I'd be dead.
Posted by: Livia Drusilla at May 29, 2024 01:11 PM (zbGp6) 353
It needs to be said that the gummint has become the Mafia - in fact and in deed. This is a simple Loan Shark operation where the loaner wants the juice to never end. Never pay off the nut and it is a steady income every month. What makes it delicious is that the loaner and the loanee are the same. The gummint/loanee loans itself increasing amounts, never intends to repay the nut and the gummint/loaner agrees that the future is perfect. That’s why the bankruptcy of the USA is guaranteed. It’s a game of chicken where the opponents are the same person.
Posted by: JackWayne at May 29, 2024 01:38 PM (Wo7DG) 354
Yeah but the Dims have a fix for the Ohio problem. They will hold a virtual convention to nominate Slow Joe a month or so before the actual convention--but before the Ohio cutoff date. So Joe will be on the ballot.
And frankly it might not be a bad idea for the Dims to hold the entire convention in a virtual fashion. The delegates will miss the hookers in Chicago, along with a couple of nights of getting blind drunk. That's the bad side. The good side is that there won't be pitched battles between police and protesters outside the convention center. Posted by: Comanche Voter at May 29, 2024 03:57 PM (cB7nX) 355
One of the biggest costs to Medicare is dialysis. Which is necessary because transplant surgeons don’t like to use “imperfect” transplants. An imperfect organ really impacts their success rate.
A transplant costs $50k. Once. Dialysis costs almost $90k/year, and doctors, the biggest investors in dialysis centers, make out like bandits. This is an issue of medical ethics and greed. And it’s killing us. Posted by: Justin Pinochet Castreau at May 29, 2024 06:56 PM (JK9/K) Processing 0.03, elapsed 0.0401 seconds. |
MuNuvians
MeeNuvians
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Primary Document: The Audio
Paul Anka Haiku Contest Announcement Integrity SAT's: Entrance Exam for Paul Anka's Band AllahPundit's Paul Anka 45's Collection AnkaPundit: Paul Anka Takes Over the Site for a Weekend (Continues through to Monday's postings) George Bush Slices Don Rumsfeld Like an F*ckin' Hammer Top Top Tens
Democratic Forays into Erotica New Shows On Gore's DNC/MTV Network Nicknames for Potatoes, By People Who Really Hate Potatoes Star Wars Euphemisms for Self-Abuse Signs You're at an Iraqi "Wedding Party" Signs Your Clown Has Gone Bad Signs That You, Geroge Michael, Should Probably Just Give It Up Signs of Hip-Hop Influence on John Kerry NYT Headlines Spinning Bush's Jobs Boom Things People Are More Likely to Say Than "Did You Hear What Al Franken Said Yesterday?" Signs that Paul Krugman Has Lost His Frickin' Mind All-Time Best NBA Players, According to Senator Robert Byrd Other Bad Things About the Jews, According to the Koran Signs That David Letterman Just Doesn't Care Anymore Examples of Bob Kerrey's Insufferable Racial Jackassery Signs Andy Rooney Is Going Senile Other Judgments Dick Clarke Made About Condi Rice Based on Her Appearance Collective Names for Groups of People John Kerry's Other Vietnam Super-Pets Cool Things About the XM8 Assault Rifle Media-Approved Facts About the Democrat Spy Changes to Make Christianity More "Inclusive" Secret John Kerry Senatorial Accomplishments John Edwards Campaign Excuses John Kerry Pick-Up Lines Changes Liberal Senator George Michell Will Make at Disney Torments in Dog-Hell Greatest Hitjobs
The Ace of Spades HQ Sex-for-Money Skankathon A D&D Guide to the Democratic Candidates Margaret Cho: Just Not Funny More Margaret Cho Abuse Margaret Cho: Still Not Funny Iraqi Prisoner Claims He Was Raped... By Woman Wonkette Announces "Morning Zoo" Format John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia World Muslim Leaders Apologize for Nick Berg's Beheading Michael Moore Goes on Lunchtime Manhattan Death-Spree Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears Liberal Economists Rue a "New Decade of Greed" Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility Intelligence Officials Eye Blogs for Tips They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq Leather-Clad Biker Freaks Terrorize Australian Town When Clinton Was President, Torture Was Cool What Wonkette Means When She Explains What Tina Brown Means Wonkette's Stand-Up Act Wankette HQ Gay-Rumors Du Jour Here's What's Bugging Me: Goose and Slider My Own Micah Wright Style Confession of Dishonesty Outraged "Conservatives" React to the FMA An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear The Story the Rightwing Media Refuses to Report! Our Lunch with David "Glengarry Glen Ross" Mamet The House of Love: Paul Krugman A Michael Moore Mystery (TM) The Dowd-O-Matic! Liberal Consistency and Other Myths Kepler's Laws of Liberal Media Bias John Kerry-- The Splunge! Candidate "Divisive" Politics & "Attacks on Patriotism" (very long) The Donkey ("The Raven" parody) News/Chat
|