Inflation Ticks Upwards But Comes In Under Expectations

Under President Trump, core inflation continues to come in below expectations -- with June marking the fifth consecutive month of better-than-forecast results. From vehicles to groceries, key prices are holding steady or falling, confirming that inflation is right on track.
Key Details:
Headline inflation rose just 0.1% in June, with the annual rate at 2.7% -- both numbers showing price stability as the trend continues to improve.
Core CPI, which excludes food and energy, increased 0.2% -- below the 0.3% economists predicted. Year-over-year, core inflation held steady at 2.9%, reinforcing the consistent progress made under President Trump.
New vehicle prices declined 0.3% in June, and used car prices dropped 0.7%. Apparel prices rose for the first time in months, but men's and children's clothing costs fell. Shoe prices and household furnishings saw modest increases, showing strength in domestic demand.
Diving Deeper:
For the fifth month in a row, inflation under President Donald J. Trump came in cooler than economists expected -- a clear sign that the White House's pro-growth, pro-stability agenda is working. June's Consumer Price Index showed a modest 0.1% rise from the prior month, and an annual increase of 2.7%, slightly above projections but still a sharp departure from the runaway inflation seen under Joe Biden.
The bigger story came from core inflation. Core CPI, which strips out volatile food and energy categories, rose just 0.2% in June -- under the 0.3% forecast -- and remained at 2.9% year-over-year. Since President Trump returned to office, core inflation has stayed consistently below expectations, helping drive real wage growth and boost consumer confidence.

Rapid Response 47
@RapidResponse47
.@PressSec: "Every month since @POTUS
took office, core inflation--the best measure of inflation--has beat or matched expectations. The data proves that @POTUS
is stabilizing inflation and the Panicans continue to be wrong about tariffs raising prices."

So the media did not cover inflation under Biden for four years, covered it intensely for the first few months of Trump's Restoration with snarky "I thought Trump said he'd lower prices on day one" hit pieces, then stopped covering inflation when Trump's policies reduced inflation to just above the 2% target rate, and now are back to covering it again, for at least this month, because it ticked up 0.1%.

Got it.

Regime hack Jerome Powell cut interest rates just before the election to boost Biden, and refused to raise interest rates throughout most of Biden's reign of inflation. He never cautioned Biden on his massive overspending or linked it to inflation.

But now that a president he doesn't like is in the White House, he's claiming he can't ever cut interest rates, because Trump's tariffs may, one day, possibly, cause price increases in the future.

People are now calling for "regime change" at the Fed.

Former Fed Gov. Kevin Warsh, considered to be a top contender to succeed Fed Chair Jerome Powell, said the central bank needs "regime change."
"I think what we need is regime change at the Fed," Warsh told Maria Bartiromo in an interview on Fox's Sunday Morning Futures that aired on Sunday. "And that's not just about the chairman, it's about a whole range of people, it's about changing their mindset and their models, and frankly it's about breaking some heads, because the way they've been doing business is not working."
President Trump has been openly critical of Powell and has called on the central bank to cut interest rates, with no success. Fed officials have taken a cautious approach to rates in the face of mild inflation data.

...
Asked about whether Trump has the authority to fire Powell, Kevin Hassett, a top Trump economic advisor, told ABC's This Week that right now it's an issue "that's being looked into. But certainly, if there's cause, he does."

A Republican Congressman also called for Powell's resignation.

Arizona Republican Rep. Abe Hamadeh on Monday called for the resignation of Federal Reserve Chairman Jerome Powell, citing a pattern of "gross mismanagement" and policy failures. In a public letter shared on X, Hamadeh accused Powell of dragging down the economy by refusing to cut interest rates.
Key Details:
In a letter posted to X, Rep. Hamadeh criticized Powell for what he described as "gross mismanagement" of the Federal Reserve's headquarters renovation project and a failure to act in the country's economic interest.
Hamadeh also took aim at Powell's public comments on tariffs and accused him of showing "a lack of candor" while ignoring the need for timely interest rate cuts.
The criticism follows public comments from Fannie Mae and Freddie Mac Chairman William Pulte, who said he was "encouraged" by reports of Powell's potential resignation, calling it "the right decision for America."

Trump is searching for a replacement for Powell when his term is up... or maybe before his term is up.

The Trump administration has taken its clearest step yet toward reshaping the Federal Reserve, launching a formal search for who will take over from Jerome Powell when his term ends -- or possibly before. Speaking to Bloomberg TV, Treasury Secretary Scott Bessent said, "There are a lot of great candidates and we'll see how rapidly it progresses. It's President Trump's decision and it will move at his speed."
Bessent, who is among the top contenders alongside former Fed governor Kevin Warsh and NEC Director Kevin Hassett, dismissed speculation that the administration would install a "shadow" Fed chair in advance of Powell's departure. "It would be very confusing for the market," he noted, suggesting the White House is focused on an orderly, albeit early, transition.

Posted by: Ace at 01:51 PM

Comments

(Jump to bottom of comments)

1 Sponge?

Posted by: Jb at July 15, 2025 01:52 PM (yBGaa)

2 Yes!!!!!

Posted by: Jb at July 15, 2025 01:53 PM (yBGaa)

3 Have Trump talk on live TV about restoring the gold backing to the dollar. That will get Powell's blood pressure up!

Posted by: Francis W. Porretto at July 15, 2025 01:53 PM (Nmmyc)

4 Remind me again why Congress delegated one of their handful of enumerated powers (monetary policy) to an unelected group of Wall Street Bankers who clearly have interests that are not exactly aligned with the interests of the American people?

Posted by: Harry Paratestes at July 15, 2025 01:54 PM (uCjyK)

5 Whose expectations? The Experts?

Posted by: fd at July 15, 2025 01:55 PM (vFG9F)

6 "Expectations" adjusted based on which party is in power, of course

Posted by: brak at July 15, 2025 01:55 PM (jGJov)

7 We should deports all the Panicans amirite?

Posted by: eleven at July 15, 2025 01:55 PM (fV+MH)

8 I'm a big Bessent fan, but I would hate to lose him at Treasury. Frankly, I'm too ignorant about finance issues to know whether he'd be more impactful at Treasury or as head of the Fed.

Posted by: Frasier Crane at July 15, 2025 01:56 PM (bNf8H)

9 no, leave Hassett where his is at!

Posted by: runner at July 15, 2025 01:56 PM (g47mK)

10 Remind me again why Congress delegated one of their handful of enumerated powers (monetary policy) to an unelected group of Wall Street Bankers who clearly have interests that are not exactly aligned with the interests of the American people?

Posted by: Harry Paratestes at July 15, 2025 01:54 PM (uCjyK)

Because it was easier than doing all that work themselves?

Posted by: Washington Nearsider at July 15, 2025 01:56 PM (fCgdX)

11 For the fifth month in a row, inflation under President Donald J. Trump came in cooler than economists expected -- a clear sign that the White House's pro-growth, pro-stability agenda is working

And also more proof that economists are biased / have no idea what they are talking about.

Posted by: Chuck C at July 15, 2025 01:56 PM (D0HYP)

12 But now that a president he doesn't like is in the White House, he's claiming he can't ever cut interest rates, because Trump's tariffs may, one day, possibly, cause price increases in the future.

======

But...tariffs are deflationary.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 01:57 PM (GBKbO)

13 What of Egg Prices!?

Posted by: garrett at July 15, 2025 01:57 PM (1F/ig)

14 Powell needs the Costanza treatment.

Posted by: eleven at July 15, 2025 01:57 PM (fV+MH)

15 Remind me again why Congress delegated one of their handful of enumerated powers (monetary policy) to an unelected group of Wall Street Bankers who clearly have interests that are not exactly aligned with the interests of the American people?

Posted by: Harry Paratestes at July 15, 2025 01:54 PM (uCjyK)

Because it was easier than doing all that work themselves?
Posted by: Washington Nearsider at July 15, 2025 01:56 PM (fCgdX)

I'd rather not have AOC anywhere near monetary policy.

She once chipped her tooth on a vibrator.

Posted by: WitchDoktor at July 15, 2025 01:57 PM (PzXaK)

16 I would note that one of Trump's wins, in the 15-0 run of wins at the Supreme Court since April, is the one that gave him the authority to fire "independent" department heads.

And they held back on the question of whether the Fed was "quasi" enough to actually qualify as independent or an Executive agency.
Rather, more of a "it might be, we're not sure, but the question isn't before us and we haven't examined it."

Hint: That they didn't say it 100% was, when "everybody knows the Fed is independent" tells you exactly what they really mean.

Posted by: People's Hippo Voice at July 15, 2025 01:57 PM (Jw2IK)

17 Bessent, who is among the top contenders alongside former Fed governor Kevin Warsh and NEC Director Kevin Hassett, dismissed speculation that the administration would install a "shadow" Fed chair in advance of Powell's departure. "It would be very confusing for the market," he noted, suggesting the White House is focused on an orderly, albeit early, transition.

I'm not sure how it would be confusing for the market to have a guy with no authority saying, "Look, we all know that I'm going to be nominated to replace Powell. If I were in charge now, this is what I'd do."

What I think it WOULD do is cause people to delay taking on business debt because Powell is a partisan jackass.

Posted by: I used to have a different nic at July 15, 2025 01:57 PM (ExV1e)

18 "There are a lot of great candidates and we'll see how rapidly it progresses. It's President Trump's decision and it will move at his speed."

I vote for Thomas Sowell, in a Christopher Pike chair if necessary.

Posted by: toby928 at July 15, 2025 01:58 PM (jc0TO)

19 Powell needs the Costanza treatment.
Posted by: eleven

Does he know about the cup sizes?

Posted by: Bulg at July 15, 2025 01:58 PM (77rzZ)

20 Because it was easier than doing all that work themselves?
Posted by: Washington Nearsider at July 15, 2025 01:56 PM (fCgdX)

I'd rather not have AOC anywhere near monetary policy.

She once chipped her tooth on a vibrator.
Posted by: WitchDoktor at July 15, 2025 01:57 PM (PzXaK)

Oh, okay.

Posted by: Harry Paratestes at July 15, 2025 01:58 PM (uCjyK)

21 Fun fact: Trump 1.0 appointed Powell. Terrible choice. Powell almost instantly stabbed him in the back, and continues to stab him in the back. Get rid of this loathsome toady.

Posted by: Elric The (One and Only) Blade at July 15, 2025 01:58 PM (iFTx/)

22 How do you get an inflation tick to back out?

Posted by: Count de Monet at July 15, 2025 01:58 PM (wVcYX)

23 21 Fun fact: Trump 1.0 appointed Powell. Terrible choice. Powell almost instantly stabbed him in the back, and continues to stab him in the back. Get rid of this loathsome toady.
Posted by: Elric The (One and Only) Blade at July 15, 2025 01:58 PM (iFTx/)

=======

Trump appointed him to the fed, not chair.

Biden appointed him chair.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 01:59 PM (GBKbO)

24 Remind me again why Congress delegated one of their handful of enumerated powers (monetary policy) to an unelected group of Wall Street Bankers who clearly have interests that are not exactly aligned with the interests of the American people?
Posted by: Harry Paratestes at July 15, 2025 01:54 PM (uCjyK)

Because we don't want to do our actual job. If we were to do our actual job, people might get mad at us, we might lose an election, and then how could we rob the nation blind? -- Congress

Posted by: I used to have a different nic at July 15, 2025 01:59 PM (ExV1e)

25 Remind me again why Congress delegated one of their handful of enumerated powers (monetary policy) to an unelected group of Wall Street Bankers who clearly have interests that are not exactly aligned with the interests of the American people?

Giving away their powers so that they can't be pinned down to a vote on a hot-button issue is Congress' entire MO since at least the end of WW2.

Posted by: Ian S. at July 15, 2025 01:59 PM (2ocoG)

26 "The bigger story came from core inflation. Core CPI, which strips out volatile food and energy categories, rose just 0.2% in June -- under the 0.3% forecast -- and remained at 2.9% year-over-year. Since President Trump returned to office, core inflation has stayed consistently below expectations, helping drive real wage growth and boost consumer confidence."

LOLOL. Our trading partners read that and then checked the calendar. August 1st is a freight train rolling into the yard at full speed. That should wipe the smuggery off the faces of the EUniks.

Posted by: mrp at July 15, 2025 01:59 PM (rj6Yv)

27 Yahoo Finance has 3 articles on inflation on their home page. From the headlines alone you’d think inflation was running at pre-Milei Argentina levels.

Posted by: Its Go Time Donald at July 15, 2025 02:00 PM (ImXfC)

28 love the warsh!

Posted by: cherries in season at July 15, 2025 02:00 PM (G7LMi)

29 Our "apolitical" Fed has been acting blatantly political.

That was the ONLY reason for a so-called "independent" body.

If we don't have that, why do we keep the Fed?

Posted by: Formerly Virginian at July 15, 2025 02:00 PM (N1DT3)

30 Because we don't want to do our actual job. If we were to do our actual job, people might get mad at us, we might lose an election, and then how could we rob the nation blind? -- Congress
Posted by: I used to have a different nic at July 15, 2025 01:59 PM (ExV1e)

Good point.

Posted by: Harry Paratestes at July 15, 2025 02:00 PM (uCjyK)

31 26
LOLOL. Our trading partners read that and then checked the calendar. August 1st is a freight train rolling into the yard at full speed. That should wipe the smuggery off the faces of the EUniks.
Posted by: mrp at July 15, 2025 01:59 PM (rj6Yv)

========

Theory:

EU officials actually believe that the depressed, fractured EU economy is a real and equal counterpart to the US economy and have no idea what's coming.

Discuss.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:00 PM (GBKbO)

32 26 LOLOL. Our trading partners read that and then checked the calendar. August 1st is a freight train rolling into the yard at full speed. That should wipe the smuggery off the faces of the EUniks.

smuggery > buggery

Posted by: anachronda at July 15, 2025 02:01 PM (v3pYe)

33 Were they Great Expectations?

Posted by: Count de Monet at July 15, 2025 02:01 PM (wVcYX)

34 >>Trump 1.0 appointed Powell. Terrible choice. Powell almost instantly stabbed him in the back, and continues to stab him in the back. Get rid of this loathsome toady.

Meh - Trump is agitating for Lower Rates. Which I am steadfastly opposed to.
The last thing we need is a return to ridiculously low rates.

What we need is austerity.

Posted by: garrett at July 15, 2025 02:01 PM (1F/ig)

35 29 Our "apolitical" Fed has been acting blatantly political.

That was the ONLY reason for a so-called "independent" body.

If we don't have that, why do we keep the Fed?
Posted by: Formerly Virginian at July 15, 2025 02:00 PM (N1DT3)

======

Expertise! Gotta keep the ruffians from having a say in how the federal government is run by appointing people who aren't qualified, my dear boy.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:01 PM (GBKbO)

36 Trump needs to pick Kevin Warsh to replace Powell.

Posted by: redridinghood at July 15, 2025 02:01 PM (NpAcC)

37 >>>Does he know about the cup sizes?

You have your A, your B, your C, and your D. D is the biggest.

Posted by: Frank Costanza at July 15, 2025 02:01 PM (KRtlO)

38 argle

bargle

Posted by: eleven at July 15, 2025 02:01 PM (fV+MH)

39 And also more proof that economists are biased / have no idea what they are talking about.
Posted by: Chuck C at July 15, 2025 01:56 PM (D0HYP)

The medical equivalent of an economist:

https://youtu.be/edIi6hYpUoQ

Posted by: I used to have a different nic at July 15, 2025 02:01 PM (ExV1e)

40 Were they Great Expectations?
Posted by: Count de Monet at July 15, 2025 02:01 PM

Pip is sad.

Posted by: toby928 at July 15, 2025 02:01 PM (jc0TO)

41 "he's claiming he can't ever cut interest rates"

If inflation is now under control, that says to me: leave interest rates alone.

Posted by: Blame It On gp's Juice at July 15, 2025 02:02 PM (TwZXH)

42 29 Our "apolitical" Fed has been acting blatantly political.

That was the ONLY reason for a so-called "independent" body.

If we don't have that, why do we keep the Fed?
Posted by: Formerly Virginian at July 15, 2025 02:00 PM (N1DT3)

They were never apolotical, and their often competing and sometimes nonsensical goals of full employment and a 2% inflation rate as their guiding beacons have rarely been achieved.

In other words, it's not like they have a great track record of "smoothing out the business cycle" so we didn't have booms and busts anymore, which was how this was first sold to the American people.

Posted by: Harry Paratestes at July 15, 2025 02:02 PM (uCjyK)

43 The market will skyrocket as soon as Powell's departure is announced.

Posted by: San Franpsycho at July 15, 2025 02:02 PM (JvZF+)

44 Remind me again why Congress delegated one of their handful of enumerated powers (monetary policy) to an unelected group of Wall Street Bankers who clearly have interests that are not exactly aligned with the interests of the American people?

"Dude, every time we have to do anything substantive or important it upsets some people and might harm fundraising and reelection chances! And besides all that work cuts in my hookers and blow time"
--Congressman Moneybags

Posted by: Christopher R Taylor at July 15, 2025 02:02 PM (dfIr7)

45 23 Trump appointed him to the fed, not chair.

Biden appointed him chair.

will no one think of the sofa?

Posted by: gonah joldberg at July 15, 2025 02:03 PM (v3pYe)

46 41 "he's claiming he can't ever cut interest rates"

If inflation is now under control, that says to me: leave interest rates alone.
Posted by: Blame It On gp's Juice at July 15, 2025 02:02 PM (TwZXH)

=======

Cutting 2-3 percent from federal interest rates will save hundreds of billions of dollars for the federal government.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:03 PM (GBKbO)

47 Tell me more about those sexy chairs......

Posted by: The Veep at July 15, 2025 02:03 PM (NdCPY)

48 36 Trump needs to pick Kevin Warsh to replace Powell.
Posted by: redridinghood at July 15, 2025 02:01 PM (NpAcC)

At first glance, I thought you wrote Kanye West, and I thought "well, that would certainly be a choice."

Posted by: Harry Paratestes at July 15, 2025 02:03 PM (uCjyK)

49 If inflation is now under control, that says to me: leave interest rates alone.

Might be a good time to lower them.

Posted by: Christopher R Taylor at July 15, 2025 02:04 PM (dfIr7)

50 Were they Great Expectations?
Posted by: Count de Monet

MAGAwitch!

Posted by: Bulg at July 15, 2025 02:04 PM (77rzZ)

51 Imagine where we would be right now if Trump didn't turn his head. To look at a chart about illegals. Trump was saved by their open border.

Posted by: ... at July 15, 2025 02:04 PM (Qr870)

52 Also, there is no room in the Constitution for "independent" or "quasi-Executive" agencies.

Either they are fully offices of the Legislative, offices of the Courts or they are Executive agencies.

Any of this crap about "panel of experts, working independently, for the people, free of political influence" is hopped-up horseshit that is flat-out unconstitutional:
Either it answers to the People, through one of the three branches directly or it is illegal.

The Constitution has no provisions for "insulating" anyone or any agency from answering to the political influence of the people.

Posted by: People's Hippo Voice at July 15, 2025 02:04 PM (Jw2IK)

53 How does ebay know when I pick up my phone to hit me with spam?

Posted by: eleven at July 15, 2025 02:04 PM (fV+MH)

54 >>Cutting 2-3 percent from federal interest rates will save hundreds of billions of dollars for the federal government.

A Fraction of what could be saved by cutting SPENDING.

Posted by: garrett at July 15, 2025 02:04 PM (1F/ig)

55 54 >>Cutting 2-3 percent from federal interest rates will save hundreds of billions of dollars for the federal government.

A Fraction of what could be saved by cutting SPENDING.
Posted by: garrett at July 15, 2025 02:04 PM (1F/ig)

========

Sure.

But that doesn't mean at least do this.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:05 PM (GBKbO)

56 August 1st is a freight train rolling into the yard at full speed. That should wipe the smuggery off the faces of the EUniks.
Posted by: mrp at July 15, 2025 01:59 PM (rj6Yv)

You've got a dead engineer and a runaway train that's going to hit Chicago in 15 minutes. Now what are you going to do about it? ... In 10 minutes you're going to have 200 tons of locomotive smashing into Central Station on its way to Marshall Field's!

Posted by: Silver Streak at July 15, 2025 02:05 PM (wVcYX)

57 56 You've got a dead engineer and a runaway train that's going to hit Chicago in 15 minutes. Now what are you going to do about it? ... In 10 minutes you're going to have 200 tons of locomotive smashing into Central Station on its way to Marshall Field's!
Posted by: Silver Streak at July 15, 2025 02:05 PM (wVcYX)

=======

It's like a missile the size of the Chrysler Building!

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:06 PM (GBKbO)

58 It said "rawr!".

I don't even do roller coasters.

Posted by: Curtis Jones at July 15, 2025 02:06 PM (ufFY8)

59 Obama appointed him to the Fed. He became chairman in 2/18 under Trump. Given second term as chairman by Biden in 2022.

Posted by: Smell the Glove at July 15, 2025 02:06 PM (volu5)

60 August 1st is a freight train rolling into the yard at full speed. That should wipe the smuggery off the faces of the EUniks.
Posted by: mrp at July 15, 2025 01:59 PM

A train of artillery shells and dynamite.

Posted by: toby928 at July 15, 2025 02:07 PM (jc0TO)

61 It's like a missile the size of the Chrysler Building!
Posted by: TheJamesMadison

How many giraffes is that?

Posted by: Bulg at July 15, 2025 02:07 PM (77rzZ)

62 People are now calling for "regime change" at the Fed.

-
We need a color revolution to green.

Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:07 PM (L/fGl)

63 "Cutting 2-3 percent from federal interest rates will save hundreds of billions of dollars for the federal government.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:03 PM (GBKbO) "

Boom. This!
the fed is just a vast welfare system for bankers anyway
Audit. Prosecute. Abolish.

Posted by: sock_rat_eez at July 15, 2025 02:07 PM (dKEEs)

64 61 It's like a missile the size of the Chrysler Building!
Posted by: TheJamesMadison

How many giraffes is that?
Posted by: Bulg at July 15, 2025 02:07 PM (77rzZ)

======

Posit:

Giraffes have short necks. They just have long shoulders.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:08 PM (GBKbO)

65 @60 and the dynamite is sweating

Posted by: Smell the Glove at July 15, 2025 02:08 PM (volu5)

66 23 Trump appointed him to the fed, not chair.

Biden appointed him chair.

will no one think of the sofa?
Posted by: gonah joldberg at July 15, 2025 02:03 PM (v3pYe)

Make Chesterfields Great Again!

Posted by: Sofa King at July 15, 2025 02:08 PM (wVcYX)

67 Is the train accelerating?

Posted by: eleven at July 15, 2025 02:08 PM (fV+MH)

68 "he's claiming he can't ever cut interest rates"

If inflation is now under control, that says to me: leave interest rates alone.
Posted by: Blame It On gp's Juice at July 15, 2025 02:02 PM (TwZXH)

=======

Cutting 2-3 percent from federal interest rates will save hundreds of billions of dollars for the federal government.
Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:03 PM (GBKbO)
______

Yea, and the link between rates and the recent inflation is over-rated and misunderstood. The runaway inflation under Biden wasn't the result of low rates. It was the result of insanely inflationary policies like ... I dunno ... just printing trillions of dollars and dumping them into the economy.

Once that stopped, inflation naturally lowered. Powell's manipulation of rates had little effect. Indeed, when he dropped rates suddenly to try to help Kamala, inflation did not rise. It went down.

I continue to believe that Powell's manipulation did more harm than good.

Posted by: Elric The (One and Only) Blade at July 15, 2025 02:08 PM (iFTx/)

69 >>Cutting 2-3 percent from federal interest rates will save hundreds of billions of dollars for the federal government.

A Fraction of what could be saved by cutting SPENDING.
Posted by: garrett

Yo!

Posted by: The Healing Power of And at July 15, 2025 02:08 PM (IChGZ)

70 At first glance, I thought you wrote Kanye West, and I thought "well, that would certainly be a choice."
Posted by: Harry Paratestes at July 15, 2025 02:03 PM (uCjyK)
******
Lol. Oh, hell No.
I need to be banned if I ever post that.

Posted by: redridinghood at July 15, 2025 02:08 PM (NpAcC)

71 Whatever happened to that Iran place?

Posted by: eleven at July 15, 2025 02:09 PM (fV+MH)

72 Trump announced support for a TX plan to redraw congressional districts, possibly providing the GOP with up to five more seats.

Hakeem Jeffries and the Dim leadership are advising Dims in the TX legislature to skip the quorum call when the legislation comes up.

AG Ken Paxton says if they do that, he'll find them and have them arrested.

https://tinyurl.com/mrxvrrwv

Posted by: Meade Lux Lewis, Domestic Terrorist at July 15, 2025 02:09 PM (paSBy)

73 A Fed Chairman with Don King hair would be amusing.

Posted by: toby928 at July 15, 2025 02:09 PM (jc0TO)

74 56 August 1st is a freight train rolling into the yard at full speed. That should wipe the smuggery off the faces of the EUniks.
Posted by: mrp at July 15, 2025 01:59 PM (rj6Yv)

You've got a dead engineer and a runaway train that's going to hit Chicago in 15 minutes. Now what are you going to do about it? ... In 10 minutes you're going to have 200 tons of locomotive smashing into Central Station on its way to Marshall Field's!

Posted by: Silver Streak at July 15, 2025 02:05 PM (wVcYX)

I always saw these and thought - let the train slam into something out of town - the train is a goner, and thus no bigger loss...so do the Math/Physics calculations, find what stops or flips the train off the tracks, put it there, and be done with it. Probably another train devoid of people, but not stuff, gets it done...

But it's never done that way in Hollywood.

Posted by: Nova Local at July 15, 2025 02:09 PM (tOcjL)

75 73 A Fed Chairman with Don King hair would be amusing.
Posted by: toby928 at July 15, 2025 02:09 PM (jc0TO)

Even better... What's Hulk Hogan up to these days? Last I saw him he was ripping his shirt at a Trump rally.

I think Hulk would be a great Fed Chair.

Posted by: Harry Paratestes at July 15, 2025 02:10 PM (uCjyK)

76 what about all the tank cars of gasoline & propane & liquid O2?

Posted by: sock_rat_eez at July 15, 2025 02:10 PM (dKEEs)

77 I can stop a train with one prybar.

Posted by: toby928 at July 15, 2025 02:10 PM (jc0TO)

78 Trump just joked that he’s going to give IQ tests to AOC and Jasmine Crockett “to see who comes out best”

-
They're flatlining!

Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:10 PM (L/fGl)

79 Doomsdayers are always going to predict anything President Trump does will cause a collapse

Posted by: Skip at July 15, 2025 02:10 PM (+qU29)

80 You've got a dead engineer and a runaway train that's going to hit Chicago in 15 minutes. Now what are you going to do about it? ... In 10 minutes you're going to have 200 tons of locomotive smashing into Central Station on its way to Marshall Field's!
---
First he was high on cocaine, now Casey Jones is dead?!

Posted by: People's Hippo Voice at July 15, 2025 02:11 PM (Jw2IK)

81 The last thing we need is a return to ridiculously low rates.

We may not need to remain at "ridiculously low rates" but we need to visit long enough to refinance all the debt that got moved into short term bonds and are costing us extra like crazy.

Posted by: I used to have a different nic at July 15, 2025 02:11 PM (ExV1e)

82 Or "The Rent is Too Damn High" guy. Or even Vermin Supreme.

There are plenty of qualified people to be put in charge over at the Fed.

Posted by: Harry Paratestes at July 15, 2025 02:11 PM (uCjyK)

83 The train metaphor led me to thinking of Tony Scott's masterpiece Unstoppable which led me to thinking of one of SNL's funniest things from the 2010s:

https://www.youtube.com/watch?v=2SsYqFDmLR8

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:11 PM (GBKbO)

84 >>I continue to believe that Powell's manipulation did more harm than good.

Rate Cuts always do more harm than good.

Why give the Market money at a discount when yields are high?

I don't want to return to a landscape where CDs only yield 2%. Fuck that.

Posted by: garrett at July 15, 2025 02:12 PM (1F/ig)

85 >>>
A Fraction of what could be saved by cutting SPENDING.

Best I can do is cut projected annual spending increases by .1%

Posted by: Congress at July 15, 2025 02:12 PM (jGJov)

86 Canada, believe it or not, is even more screwed than the EU. The "Elbows Up" Canadian PM and his merry band of idiots think shifting their exports focus to the EU will solve their economic woes (inflicted by the same party that created the country's trade crisis). It's difficult to imagine a more inept, corrupt syndicate of bandits running a country than the US Democrats, but Great Scot, I think the Canuckian Liberals beat 'em by a five-finger discount.

Posted by: mrp at July 15, 2025 02:13 PM (rj6Yv)

87 A tip for gracious living.

Too hot this summer? Study says smearing yogurt on windows will cool the house down

Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:13 PM (L/fGl)

88 A Fraction of what could be saved by cutting SPENDING.
Posted by: garrett at July 15, 2025 02:04 PM (1F/ig)

May I assume that you've announced your candidacy on the "cut all the spending and raise taxes" ticket?

Posted by: I used to have a different nic at July 15, 2025 02:13 PM (ExV1e)

89 >>> The last thing we need is a return to ridiculously low rates.

Speak for yourself. I can only make up the difference by doing this OnlyFans account for so long

Posted by: Real Estate Agents at July 15, 2025 02:13 PM (jGJov)

90 I always saw these and thought - let the train slam into something out of town - the train is a goner, and thus no bigger loss...so do the Math/Physics calculations, find what stops or flips the train off the tracks, put it there, and be done with it. Probably another train devoid of people, but not stuff, gets it done...
---
LOL, there's some clips on the Toks of a guy trying to stop the train in GTA.
Putting dump trucks, tanker trucks, busses, planes etc. on the tracks.

So far, just some glitches as it can't render the physics of a bunch of dump trucks being hit inside the tunnel.
It generally resolves it by pushing them through the tunnel in front of the train.

Posted by: People's Hippo Voice at July 15, 2025 02:14 PM (Jw2IK)

91 Saw a hilarious news story out of England: Experts say the sea levels around the UK may rise over the coming decade!

I mean... just around the British Isles? How does that work?

Posted by: Christopher R Taylor at July 15, 2025 02:14 PM (dfIr7)

92 >>Posted by: Real Estate Agents at July 15, 2025 02:13 PM (jGJov)

You ate when Mortgages were above 10%.

Posted by: garrett at July 15, 2025 02:14 PM (1F/ig)

93 I don't want to return to a landscape where CDs only yield 2%. Fuck that.
Posted by: garrett at July 15, 2025 02:12 PM

Me either.

Posted by: a retired businessman living on a pension at July 15, 2025 02:14 PM (jc0TO)

94 No need to touch rates. Bondi's are already cheap enough.

Posted by: ... at July 15, 2025 02:14 PM (Qr870)

95 Powell went along with the 'inflation is transitory' nonsense just like the rest of the left.

He showed his hand then and he's showing it even more now.

The inflation that plagued the world for the past five years is easing out, mainly because the spending glut has been stopped.

It won't hurt the economy for Powell to lower interest rates now, and if inflation ticks up, raise the rates.

We're not coming off of a 70s stagflation event.
This was a massive one time inflation event caused by COVID spending and supply chains being wrecked during the pandemic.

Current Rates:
Australia - 3.85%
Canada - 2.75%
UK - 4.25%
Japan - 0.5%
South Korea - 2.5%
China - 3%
Europe - 2.15%

U.S. - 4.5%

Powell is being political in a supposed non-political role, so fire him if he wants it that way.

Posted by: SpeakingOf at July 15, 2025 02:14 PM (6ydKt)

96 It's like a missile the size of the Chrysler Building!
Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:06 PM (GBKbO)

https://youtu.be/K__vKoNtHss

Posted by: I used to have a different nic at July 15, 2025 02:15 PM (ExV1e)

97
Make Chesterfields Great Again!
Posted by: Sofa King
--------

I'd walk a mile for a camel.

Posted by: Smoker at July 15, 2025 02:15 PM (XeU6L)

98 54 >>Cutting 2-3 percent from federal interest rates will save hundreds of billions of dollars for the federal government.

A Fraction of what could be saved by cutting SPENDING.
Posted by: garrett
=====
Any cut in the deficit is good. Most of the spending cuts necessary to move the needle much are in Social Security, Medicare, and Medicaid. Health Care spending including medicare and medicaid is 1.8 Trillion, Social Security is 1.6 trillion. Interest is about 1 trillion so 4.4 trillion out of 6.9 trillion. Defense is about 1 trillion also (a lot of it personnel costs) so that makes it 5.4 trillion of spending. All the rest of the spending (somewhere around 600-700 billion for welfare--food stamps, housing, etc plus 300 billion for the VA) is about 1.5 trillion.

Try playing around with a(us dot abalancingact dot com) if you want to play OMB budget chief.

Posted by: whig at July 15, 2025 02:15 PM (ctrM5)

99 You can't spell prosperity without austerity!

Posted by: a retired businessman living on a pension at July 15, 2025 02:15 PM (jc0TO)

100 Saw a hilarious news story out of England: Experts say the sea levels around the UK may rise over the coming decade!

The UK sucks. Math checks out.

Posted by: I Drink and I Know Things at July 15, 2025 02:16 PM (7PJXf)

101 91 Saw a hilarious news story out of England: Experts say the sea levels around the UK may rise over the coming decade!

I mean... just around the British Isles? How does that work?
Posted by: Christopher R Taylor at July 15, 2025 02:14 PM (dfIr7)

just imagine how hard it will be to sail through the seawall of water around Britain!

Posted by: Tom Servo at July 15, 2025 02:16 PM (uWKK8)

102 I continue to believe that Powell's manipulation did more harm than good.

Rate Cuts always do more harm than good.

Why give the Market money at a discount when yields are high?

I don't want to return to a landscape where CDs only yield 2%. Fuck that.
Posted by: garrett at July 15, 2025 02:12 PM (1F/ig)
______

Really? So why 10% CDs? Why not increase the rates then? If high rates are better, why not make them higher?

Posted by: Elric The (One and Only) Blade at July 15, 2025 02:17 PM (iFTx/)

103 I think Whiz and Ice would make excellent additions to the Federal Reserve. They understand about gub-mint finances.

https://youtu.be/P1XCf9gEu7E

Posted by: Count de Monet at July 15, 2025 02:17 PM (wVcYX)

104 >>>You ate when Mortgages were above 10%.

There's at least 2 generations of us out there that never knew that time

Posted by: Real Estate Agents at July 15, 2025 02:17 PM (jGJov)

105 just imagine how hard it will be to sail through the seawall of water around Britain!
Posted by: Tom Servo at July 15, 2025 02:16 PM

One word: Salmon Ladders

Posted by: Scam Likely at July 15, 2025 02:17 PM (jc0TO)

106 Wow, so much math on this thread.

We need BOOBS!

Posted by: Bulg at July 15, 2025 02:17 PM (77rzZ)

107 Hakeem Jeffries and the Dim leadership are advising Dims in the TX legislature to skip the quorum call when the legislation comes up.

Not like it'd be the first time they've pulled that stunt. If memory serves, they've lost seats every time they've done it.

Posted by: I used to have a different nic at July 15, 2025 02:17 PM (ExV1e)

108 >>Really? So why 10% CDs? Why not increase the rates then? If high rates are better, why not make them higher?

I'd be happier to see 6.5% than 2.5%.

Posted by: garrett at July 15, 2025 02:18 PM (1F/ig)

109 The 18 packs of Kroger Eggs are $3.00 tomorrow.

Posted by: Boss Moss at July 15, 2025 02:19 PM (cn0nj)

110 The sea levels were supposed to be rising 30 years ago!

And yet...Venice which is ACTUALLY sinking, is still right where it was.

Posted by: eleven at July 15, 2025 02:19 PM (fV+MH)

111 Canada, believe it or not, is even more screwed than the EU. The "Elbows Up" Canadian PM and his merry band of idiots think shifting their exports focus to the EU will solve their economic woes (inflicted by the same party that created the country's trade crisis). It's difficult to imagine a more inept, corrupt syndicate of bandits running a country than the US Democrats, but Great Scot, I think the Canuckian Liberals beat 'em by a five-finger discount.
---
Reminder:
Canada has a 0.5% growth rate over the last 10 years.
Not 5%. One half of 1%.
Even Japan, Italy and Germany have better than 5%.
And Canada has the largest and richest market in history right next door.

And on top of that shit growth, they've imported over 5 million immigrants.
Hard working, cream-of-the-crop ... welfare leaches.

They are the Sick Man of the Americas.
And they'll drag us down with them if we don't cut them loose.

Posted by: People's Hippo Voice at July 15, 2025 02:19 PM (Jw2IK)

112
I don't want to return to a landscape where CDs only yield 2%. Fuck that.
Posted by: garrett

I was finally getting 5% on a CD. No more it seems.

Posted by: Bertram Cabot, Jr. at July 15, 2025 02:19 PM (63Dwl)

113 Congressman Faces Eviction Over $85k Back-Rent For Luxury DC Penthouse

Florida Republican Congressman Cory Mills is being sued over his alleged failure to pay $85,009 in rent for his Washington DC luxury penthouse apartment. Lashing out at a journalist after the news broke, Mills blamed the problem on the apartment's payment system -- but he's allegedly been late on 18 out of 24 payments since he moved in two years ago.

According to the legal complaint filed in DC Superior Court last week and first reported on X by the Daily Beast's Roger Sollenberger, Mills didn't pay $85,009 in rent covering the period between March and July, a sum that does not include late fees. His monthly rent for the posh quarters overlooking the Potomac River is $20,833, well above his base salary of $14,500 a month. However, Quiver Quantitative estimates his net worth is $24 million.

Posted by: SMOD at July 15, 2025 02:20 PM (RHGPo)

114 DOGE Announces Billions Of Dollars In Federal Contracts Terminated

DOGE says that so far, its activities have helped save an estimated $190 billion.

Posted by: SMOD at July 15, 2025 02:20 PM (RHGPo)

115 The eggs are too cheap !

--those who are never happy

Posted by: runner at July 15, 2025 02:20 PM (g47mK)

116 I can stop a train with one prybar.
Posted by: toby928 at July 15, 2025 02:10 PM (jc0TO)

The Army studied the issue.

https://youtu.be/agznZBiK_Bs

Posted by: I used to have a different nic at July 15, 2025 02:20 PM (ExV1e)

117 "We need BOOBS!
Posted by: Bulg"

I don't even care about cups. All the freakin cups!

Posted by: eleven at July 15, 2025 02:20 PM (fV+MH)

118 114 DOGE Announces Billions Of Dollars In Federal Contracts Terminated

DOGE says that so far, its activities have helped save an estimated $190 billion.
Posted by: SMOD at July 15, 2025 02:20 PM (RHGPo)

======

But the left stopped screaming about it, so it's not happening.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:21 PM (GBKbO)

119 Really? So why 10% CDs? Why not increase the rates then? If high rates are better, why not make them higher?

I'd be happier to see 6.5% than 2.5%.

Posted by: garrett at July 15, 2025 02:18 PM (1F/ig)
__

We'll have to agree to disagree then

Posted by: Elric The (One and Only) Blade at July 15, 2025 02:21 PM (iFTx/)

120 119 We'll have to agree to disagree then
Posted by: Elric The (One and Only) Blade at July 15, 2025 02:21 PM (iFTx/)

======

I don't get it.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:21 PM (GBKbO)

121 Low interest rates are good with this much debt.

Posted by: Boss Moss at July 15, 2025 02:22 PM (cn0nj)

122 Fed kept rates at 0% for all of Obama years. Then in late 2016, after the election started raising and kept raising into 2017.

Apolitical my ass.

Posted by: Its Go Time Donald at July 15, 2025 02:22 PM (ImXfC)

123 We'll have to agree to disagree then

First day on the board ?

Posted by: I Drink and I Know Things at July 15, 2025 02:22 PM (7PJXf)

124 Isn’t .1% per month well under the benchmark 2% the fed shoots for?

I do wish Trump had put off some of the tariff stuff until inflation was basically zero. Or rolled it out more slowly. Would’ve boxed in Powell until he was replaced.

Posted by: Maroon at July 15, 2025 02:22 PM (mjCXl)

125 75 73 A Fed Chairman with Don King hair would be amusing.
Posted by: toby928 at July 15, 2025 02:09 PM (jc0TO)

Even better... What's Hulk Hogan up to these days? Last I saw him he was ripping his shirt at a Trump rally.

I think Hulk would be a great Fed Chair.

He's great with a folding chair

Posted by: Shade tree expert at July 15, 2025 02:22 PM (+abK1)

126 CNBC: Inflation picks up again in June, rising at 2.7% annual rate...Prior to June, inflation had been on a generally downward slope for the year, with headline CPI at a 3% annual rate back in January and progressing gradually slower in the subsequent months despite fears that Trump’s trade war would drive prices higher.

We need to hammer Trump and his MAGA mother fuckers mercilessly! Remember when conservatives pretended to care about prices? What are they saying this AM?

Stock futures are moving higher. Maybe Wall Street expected a higher number? Lower than expected inflation coupled with gains in 401K and IRA accounts is good news.

This wasn't "lower than expected", but what was generally expected. inflation overall was going to start to go up, not down and the estimates were spot on (except the Core CPI estimate was 0.1% off. I.e., 3.0% estimate vs 2.9% actual).

Based on the market's spiking, I get a feeling that a rate cut is expected. Which will accelerate inflation. Which means more profits for corporations and higher RE prices.

any "spiking" is due to Nvidia's insane $4 trillion of capitalization. Plus, the DOW is dropping.

Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at July 15, 2025 02:23 PM (JCZqz)

127 124 Isn’t .1% per month well under the benchmark 2% the fed shoots for?

I do wish Trump had put off some of the tariff stuff until inflation was basically zero. Or rolled it out more slowly. Would’ve boxed in Powell until he was replaced.
Posted by: Maroon at July 15, 2025 02:22 PM (mjCXl)

======

Powell IS boxed in.

And the tariffs just accelerated it because, again, tariffs are deflationary.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:23 PM (GBKbO)

128 The invoices for a $430,000 legal bill run up by Gov. Tim Walz’s administration to prepare him for a congressional hearing last month ranged from $70 to review a letter inviting him to the hearing to $2,880 for “searches for news or statistics for crimes committed by transgender or nonbinary persons.”

According to the documents we reviewed, 23 members of the K&L Gates firm in Washington, ranging from partners and associates to a librarian, charged from $350 to $700 per hour.

In a wide range of services, they billed $1,035 to research “anti-transgender comments” by House Oversight Committee members to $2,880 for a lawyer to spend over six hours reviewing “case law” regarding “executive orders” and “separation of powers.”

Posted by: SMOD at July 15, 2025 02:23 PM (RHGPo)

129 >>We'll have to agree to disagree then

I'd rather you had the environment to Save for a sizeable Downpayment on a House than Guarantee you a marginal rate on a Mortgage.

Americans need to get back to Saving and building wealth outside of the Market.

But, nearly EVERY decision made on our Economy is one to drive money to the Market.

Posted by: garrett at July 15, 2025 02:23 PM (1F/ig)

130 And on top of that shit growth, they've imported over 5 million immigrants.
Hard working, cream-of-the-crop ... welfare leaches.

They are the Sick Man of the Americas.
And they'll drag us down with them if we don't cut them loose.
Posted by: People's Hippo Voice at July 15, 2025 02:19 PM (Jw2IK)

As you say -- Canada, a country with a then-population of about 35 million people, thought it was wise to import (according to google) over 8 million immigrants, many of whom are Punjabi Indian.

According to google, 23% of the people living in Canada as of 2021 were not born in Canada. That number is almost certainly higher by now.

I think it's safe to say we might be arguing about a northern border wall in the coming 10-20 years.

Posted by: Harry Paratestes at July 15, 2025 02:23 PM (uCjyK)

131 Saw a hilarious news story out of England: Experts say the sea levels around the UK may rise over the coming decade!

I mean... just around the British Isles? How does that work?
Posted by: Christopher R Taylor

If it's just the UK, then they did the math backwards. Those islands must be sinking.

Posted by: mikeski at July 15, 2025 02:23 PM (IChGZ)

132 126 Based on the market's spiking, I get a feeling that a rate cut is expected. Which will accelerate inflation. Which means more profits for corporations and higher RE prices.

Posted by: Intercepted DU Transmissions brought by the Intrepid AoS Liaison at July 15, 2025 02:23 PM (JCZqz)

========

When this doesn't happen, this commenter will forget he ever said it.

For some reason.

Also, he'll remember it, and he'll still be right.

All at the same time.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:24 PM (GBKbO)

133 need BOOBS!
Posted by: Bulg"

You've probably seen it before this, but if not, go to "The Other McCain" website and click on the link for Sunday about "add more ginger if needed." Don't say I never gave you anything.

Posted by: FenelonSpoke at July 15, 2025 02:24 PM (2GCMq)

134 I'd be happier to see 6.5% than 2.5%.

Posted by: garrett at July 15, 2025 02:18 PM (1F/ig)

If you’re getting 6.5% that means holders of US debt are also getting 6.5%. Or somewhere in that ballpark. Which means a yuuuge expense for the federal government.

Posted by: Its Go Time Donald at July 15, 2025 02:24 PM (ImXfC)

135 We're not all we're cracked up to be.

Posted by: The eggs at July 15, 2025 02:24 PM (4Y9zn)

136 >>need BOOBS!

Inflation I endorse.

Posted by: garrett at July 15, 2025 02:25 PM (1F/ig)

137 Saw a hilarious news story out of England: Experts say the sea levels around the UK may rise over the coming decade!

I mean... just around the British Isles? How does that work?
Posted by: Christopher R Taylor at July 15, 2025 02:14 PM (dfIr7)

I thought the UK was still rising after the most recent ice age.

Posted by: I used to have a different nic at July 15, 2025 02:25 PM (ExV1e)

138 Canada, believe it or not, is even more screwed than the EU.

Didn't someone show some time ago that Canada, for all their claims of being in the "1st" world, are actually a 3rd world economy that exports things like timber, bauxite, tin and prostitutes like Burma or The Congo.

Posted by: I Hate Canada at July 15, 2025 02:25 PM (rfMRc)

139 Saw a hilarious news story out of England: Experts say the sea levels around the UK may rise over the coming decade!

I mean... just around the British Isles?

How does that work?
Posted by: Christopher R Taylor

One must sink.

*Atlantis has entered the chat.

Posted by: rickb223 at July 15, 2025 02:25 PM (4IClK)

140 This wasn't "lower than expected", but what was generally expected. inflation overall was going to start to go up, not down and the estimates were spot on (except the Core CPI estimate was 0.1% off. I.e., 3.0% estimate vs 2.9% actual).

How many times is this guy going to contradict himself? LOL

Posted by: Christopher R Taylor at July 15, 2025 02:25 PM (dfIr7)

141 Reminder:
Canada has a 0.5% growth rate over the last 10 years.
Not 5%. One half of 1%.
Even Japan, Italy and Germany have better than 5%.
And Canada has the largest and richest market in history right next door.

And on top of that shit growth, they've imported over 5 million immigrants.
Hard working, cream-of-the-crop ... welfare leaches.

They are the Sick Man of the Americas.
And they'll drag us down with them if we don't cut them loose.
--------------
So, the Venezuelan Plan, rite?

Posted by: pudinhead at July 15, 2025 02:25 PM (W3T6M)

142 The Obama/Biden economists and economic team were big fans of Modern Monetary Theory. Just print money, no worries. But then that damn reality intrudes

Posted by: Smell the Glove at July 15, 2025 02:25 PM (volu5)

143 >>If you’re getting 6.5% that means holders of US debt are also getting 6.5%. Or somewhere in that ballpark. Which means a yuuuge expense for the federal government.

How else are you going to force the Federal Government to reign in their spending?

You gonna wait for them to Vote for it?

Posted by: garrett at July 15, 2025 02:25 PM (1F/ig)

144
O/T

getting ready to do a phone interview at 2:30

positive waves would be appreciated

thx

Posted by: AltonJackson at July 15, 2025 02:26 PM (tljrc)

145 131 If it's just the UK, then they did the math backwards. Those islands must be sinking.

*doggerland has entered the chat*

Posted by: anachronda at July 15, 2025 02:26 PM (v3pYe)

146 Chicks dig the trains!

Posted by: Gomez Addams at July 15, 2025 02:26 PM (wVcYX)

147 I'd rather shell $3.00 for 18 eggs than $4.00.

Posted by: Boss Moss at July 15, 2025 02:26 PM (cn0nj)

148 One must sink.

*Atlantis has entered the chat.
-------------
Do Paki's know how to swim?

Posted by: pudinhead at July 15, 2025 02:26 PM (W3T6M)

149 Posted by: FenelonSpoke

I hadn't actually seen that yet, thoough I usually check that feature. Thanks! Girl there is yowza!

Posted by: Bulg at July 15, 2025 02:27 PM (77rzZ)

150 I'd rather you had the environment to Save for a sizeable Downpayment on a House than Guarantee you a marginal rate on a Mortgage.

Americans need to get back to Saving and building wealth outside of the Market.

But, nearly EVERY decision made on our Economy is one to drive money to the Market.
Posted by: garrett at July 15, 2025 02:23 PM (1F/ig)

I agree with you on this.

Money has been flowing to DC and Wall Street for decades. Maybe if didn't have Wall Street Bankers in charge of our monetary policy, and DC Deep Staters in charge of our fiscal policy, some of that money would reverse flow back to the rest of the country.

Because, as you say, saving money is almost a fools errand at this point. Which is not conductive for a healthy economy.

Posted by: Harry Paratestes at July 15, 2025 02:27 PM (uCjyK)

151 Posted by: AltonJackson at July 15, 2025 02:26 PM (tljrc)

Sure.

Posted by: FenelonSpoke at July 15, 2025 02:27 PM (2GCMq)

152 Guam gonna capsize!

Posted by: Hank Johnson at July 15, 2025 02:27 PM (4Y9zn)

153 getting ready to do a phone interview at 2:30

positive waves would be appreciated

thx
Posted by: AltonJackson at July 15, 2025 02:26 PM (tljrc)

Positive waves incoming.

Posted by: Harry Paratestes at July 15, 2025 02:27 PM (uCjyK)

154 Inflation I endorse.
Posted by: garrett at July 15, 2025 02:25 PM (1F/ig)

Does that extend to me?

Posted by: San Francisco Scrotum Guy at July 15, 2025 02:28 PM (wVcYX)

155 I question how much Canadians are upset at the US, or how many of them are, but some are certainly raving and frothy about it and its kind of cute like your short girlfriend yelling at you.

Posted by: Christopher R Taylor at July 15, 2025 02:28 PM (dfIr7)

156 Like Napoleon and Hitler before him!

Trump Reportedly Wants Zelensky to Strike Deep Into Russian Territory

Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:28 PM (L/fGl)

157 Do they always have to be Jewish?

Posted by: AN ANTISEMITE WOULD SAY at July 15, 2025 02:28 PM (RqMDa)

158 I'd be happier to see 6.5% than 2.5%.

Posted by: garrett at July 15, 2025 02:18 PM (1F/ig)

Then interest on the debt can go to $2T, then $3T, and so on...

Pretty soon we'll need 100% tax rates with no spending but interest on the debt but, dammit, we'll have held firm.

Posted by: I used to have a different nic at July 15, 2025 02:28 PM (ExV1e)

159 getting ready to do a phone interview at 2:30

positive waves would be appreciated

thx
Posted by: AltonJackson at July 15, 2025 02:26 PM (tljrc)

Positive waves incoming.
Posted by: Harry Paratestes

From here too, Harry. Knock 'em dead!

Posted by: Bulg at July 15, 2025 02:28 PM (77rzZ)

160 (Positive) WAVE OF MUTILATION

https://www.youtube.com/
watch?v=RuHeAs0rw5M

Posted by: PIXIES at July 15, 2025 02:28 PM (1F/ig)

161 what about all the tank cars of gasoline & propane & liquid O2?
Posted by: sock_rat_eez at July 15, 2025 02:10 PM (dKEEs)

Hehehehe

-------Trashcan Man

Posted by: Dr. Pork Chops & Bacons at July 15, 2025 02:29 PM (g8Ew8)

162 If you’re getting 6.5% that means holders of US debt are also getting 6.5%. Or somewhere in that ballpark. Which means a yuuuge expense for the federal government.
Posted by: Its Go Time Donald at July 15, 2025 02:24 PM (ImXfC)

Nice, cute package our betters in DC have set up for us, isn't it?

Posted by: Harry Paratestes at July 15, 2025 02:29 PM (uCjyK)

163 Have Trump talk on live TV about restoring the gold backing to the dollar.

There's probably not enough gold on the planet to back the number of dollars in circulation.

Posted by: Oddbob at July 15, 2025 02:29 PM (XWaIk)

164 The more talk the less likely it is to happen. STFU and fire the guy (fed) and get your rook in there, now. Times a wastin

Posted by: Nobody but Us at July 15, 2025 02:29 PM (WbcL6)

165 Because, as you say, saving money is almost a fools errand at this point. Which is not conductive for a healthy economy.

Yeah, economists are all crying alarms about how little money Americans have put aside in savings but they don't see to understand that everyone figured out that savings are just spending money a little slower than just buying things. You want people to save more money? Make the interest on the savings account higher than inflation.

Posted by: Christopher R Taylor at July 15, 2025 02:29 PM (dfIr7)

166 This wasn't "lower than expected", but what was generally expected. inflation overall was going to start to go up, not down and the estimates were spot on (except the Core CPI estimate was 0.1% off. I.e., 3.0% estimate vs 2.9% actual).

How many times is this guy going to contradict himself? LOL
Posted by: Christopher R Taylor at July 15, 2025 02:25 PM

Those guys "talk economics" like it was a magic spell.

You gotta Believe.

Posted by: Scam Likely at July 15, 2025 02:30 PM (jc0TO)

167 getting ready to do a phone interview at 2:30

positive waves would be appreciated

thx
Posted by: AltonJackson at July 15, 2025 02:26 PM (tljrc)

Positive waves, maaaaan!

Posted by: Sgt. Oddball at July 15, 2025 02:30 PM (TbWk/)

168 There's probably not enough gold on the planet to back the number of dollars in circulation.

And if we had that much gold in one place it wouldn't be worth that much any more.

Posted by: Christopher R Taylor at July 15, 2025 02:30 PM (dfIr7)

169 163 Have Trump talk on live TV about restoring the gold backing to the dollar.

There's probably not enough gold on the planet to back the number of dollars in circulation.
Posted by: Oddbob at July 15, 2025 02:29 PM (XWaIk)

======

Of course there is.

Each dollar would be just worth a very, very small amount of gold.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:30 PM (GBKbO)

170 The clothing prices seem to indicate women are spending. That's a confidence indicator.

Posted by: SloPitch Whiffer at July 15, 2025 02:30 PM (wzAuc)

171 Trump Reportedly Wants Zelensky to Strike Deep Into Russian Territory
Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:28 PM (L/fGl)

That's sort of like ending the war on day one of his presidency. From a certain point of view.

Posted by: Harry Paratestes at July 15, 2025 02:31 PM (uCjyK)

172 Alligator Alcatraz Model Spreads: Kristi Noem Announces Five Red States Join the Fight

-
They'll be like Starbucks, one on every corner.

Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:31 PM (L/fGl)

173 Powell IS boxed in.

And the tariffs just accelerated it because, again, tariffs are deflationary.
Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:23 PM (GBKbO)

Oh, Powell IS boxed in. The ongoing construction of the new Fed HQ building on the Mall is scandalous. Luxury items, cost overruns, etc., etc. If Mr. Powell can't keep his building costs within a budget, then he's obviously the wrong man to manage the country's financial system. I expect to hear much more about this matter from our President, who knows a thing or two about building projects.

Posted by: mrp at July 15, 2025 02:31 PM (rj6Yv)

174 Such arrogance from Powell not to step down if the elected POTUS doesn't want him

Trump should fire him to test the issue in court.

Posted by: Bitcoin Fixes Everything at July 15, 2025 02:32 PM (V6W16)

175 According to the World Gold Council, the total amount of gold ever mined is estimated to be around 212,582 tonnes.
Another source suggests that approximately 244,000 tonnes of gold have ever been discovered, including historical production and current known discoveries.
The total amount of gold above ground is estimated to be around 190,040 tonnes, while global gold reserves amount to 60,370 tons.
The amount of gold in known underground reserves is estimated to be around 54,000 tonnes.
The exact amount of gold in the world is difficult to determine due to the various estimates and the fact that gold has been mined for thousands of years.

Posted by: AI at July 15, 2025 02:32 PM (jc0TO)

176 If I understand correctly inflation is going to skyrocket because all the "Immigrant" "Newcomeers" who do literally all the productive work in Amercia have fled out of fear of being put in death camps*...

That is what I just heard on the radio. Crops rotting in fields. Construction projects abandoned...

*I might have added to part about the death camps, but it was given in a different recent article.

Posted by: Itinerant Alley Butcher at July 15, 2025 02:32 PM (/lPRQ)

177 The clothing prices seem to indicate women are spending. That's a confidence indicator.
Posted by: SloPitch Whiffer

My wife and I were walking around the local mall on Sunday. A lot of stores there are gone, but there are still a lot of jewelry stores in business there.

Also, barber shops and salons.

Posted by: Bulg at July 15, 2025 02:32 PM (77rzZ)

178 173 Oh, Powell IS boxed in. The ongoing construction of the new Fed HQ building on the Mall is scandalous. Luxury items, cost overruns, etc., etc. If Mr. Powell can't keep his building costs within a budget, then he's obviously the wrong man to manage the country's financial system. I expect to hear much more about this matter from our President, who knows a thing or two about building projects.
Posted by: mrp at July 15, 2025 02:31 PM (rj6Yv)

======

If he'd cut rates a month or two in, when it was obvious that inflation was slowing, Trump would be largely ignoring the dude.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:32 PM (GBKbO)

179 Trump Reportedly Wants Zelensky to Strike Deep Into Russian Territory

I can't believe people are falling for that story. Remember how the Russian Election Interference story started? "I heard Trump say something on the phone!"

That is exactly what this story is, some dude saying "Trump said this on a phone call that I overheard!

This is what the left is really good at, and Trump walked right into it like stomping on a rake. Don't give them the opportunity. Don't give them the momentum. Sending weapons to Ukraine, downplaying Epstein, all that does is arm your enemies, he's usually smarter than that.

Posted by: Christopher R Taylor at July 15, 2025 02:33 PM (dfIr7)

180 155 I question how much Canadians are upset at the US, or how many of them are, but some are certainly raving and frothy about it and its kind of cute like your short girlfriend yelling at you.
Posted by: Christopher R Taylor at July 15, 2025 02:28 PM (dfIr7)

Also keep in mind that when they say "Canadian" they really mean "Indian".

As in, what, 30-40% of Canada is either a recent Indian immigrant or the children of a less recent Indian immigrant?

And, no, the Indians don't think very highly of us.

Posted by: Harry Paratestes at July 15, 2025 02:33 PM (uCjyK)

181 Whatever happened to that Iran place?

Large chunks of it were exploding the last few days and nobody's taking responsibility.

Posted by: Ian S. at July 15, 2025 02:33 PM (2ocoG)

182 I'd be happier to see 6.5% than 2.5%.

That's what she said!

Posted by: Girl, You Know It's True at July 15, 2025 02:33 PM (wVcYX)

183 The Ladies charging clothing to their CCs at roughly 30% interest rates is not an indicator of fiscal health.

Posted by: garrett at July 15, 2025 02:34 PM (1F/ig)

184 How else are you going to force the Federal Government to reign in their spending?

They're not going to cut spending. Ever.

They're going to continue spending all that they can until the entire system collapses and then your 6.5% CDs are worth nothing.

Posted by: I used to have a different nic at July 15, 2025 02:34 PM (ExV1e)

185 Powell IS boxed in.

And the tariffs just accelerated it because, again, tariffs are deflationary.
Posted by: TheJamesMadison
-----
Yep. Powell is being disingenous. Tariffs on non essential goods like many excise taxes are essentially deflationary as people consume a bit less of those products.

But indirect taxes generally do not distort the economy as much as taxes on investment and production.

There is a reason why Euro nations and Canada like VAT taxes--easy to collect, diminishes inflation by curbing demand for consumption, and makes domestic industries aim at exports rather than domestic market production.

So people in Euro land and Canada suffer lower living standards as their purchases decrease ceterus paribus while elites in those societies gain via investments and exports. The argument for a VAT is similar to excise/tariffs, they distort investment and production less by curbing consumption voluntarily rather than broad based income taxes. The problem with Euroland is that they have both the VAT AND high corporate/income taxes.

Posted by: whig at July 15, 2025 02:34 PM (ctrM5)

186 170 The clothing prices seem to indicate women are spending. That's a confidence indicator.
Posted by: SloPitch Whiffer at July 15, 2025 02:30 PM (wzAuc)

Women are always spending.

Posted by: I can't be broke, the credit card still works! at July 15, 2025 02:34 PM (TbWk/)

187 And, no, the Indians don't think very highly of us.

Well, fair is fair. It would awkward if they really liked me and I didn't reciprocate.

Posted by: I Drink and I Know Things at July 15, 2025 02:34 PM (7PJXf)

188 >>>The Ladies charging clothing to their CCs at roughly 30% interest rates is not an indicator of fiscal health.

it was 25% off!! -- you can't afford not to buy it at these prices

Posted by: women shopping at July 15, 2025 02:35 PM (jGJov)

189 apparently the shit pebble in diahre soup i had earlier didnt agree with my tummy

Posted by: Aliassmithsmith at July 15, 2025 02:35 PM (665yf)

190 Shut up, Dunce.

Posted by: toby928 at July 15, 2025 02:35 PM (jc0TO)

191 They'll be like Starbucks, one on every corner.
Posted by: Anonosaurus Wrecks, A Walmart 6

But can we get our coffee there on the way to work?

Posted by: Itinerant Alley Butcher at July 15, 2025 02:35 PM (/lPRQ)

192 >>>Trump's fav pollster, Rasmussen, just announced terrible polling numbers for Trump.

that's going to really hurt his reelection chances

Posted by: Polls are for single mothers at July 15, 2025 02:36 PM (jGJov)

193 There's probably not enough gold on the planet to back the number of dollars in circulation.
Posted by: Oddbob at July 15, 2025 02:29 PM (XWaIk)

Sure there is. No one says that a dollar has to be worth an ounce. Peg the value of a dollar to a deleted .png of a bar of gold. Done.

Posted by: I used to have a different nic at July 15, 2025 02:36 PM (ExV1e)

194 the fifth consecutive month of better-than-forecast results.

And the fifth consecutive month of worse-than-results forecasts.

Posted by: t-bird at July 15, 2025 02:36 PM (JUV6P)

195 I always read it as allassmunch at first.

Posted by: toby928 at July 15, 2025 02:37 PM (jc0TO)

196 Damn! I don't read the news ONE DAY and this happens!

Bette Midler Flips Out - Says Trump “Mentally Unfit to Serve,” Ordering Troops “To Gas Citizens and Drag Them to Gulags”

Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:37 PM (L/fGl)

197 >>> 174 Such arrogance from Powell not to step down if the elected POTUS doesn't want him

Trump should fire him to test the issue in court.
Posted by: Bitcoin Fixes Everything at July 15, 2025 02:32 PM (V6W16)

OVERRULED!!!

Posted by: District Judge StarWarsName #952 at July 15, 2025 02:37 PM (ULPxl)

198 195 I always read it as allassmunch at first.
Posted by: toby928 at July 15, 2025 02:37 PM (jc0TO)

=======

I think his obsession with his own poop is a sign of mental illness, though.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:37 PM (GBKbO)

199 There is a precedent for that.

Posted by: Boss Moss at July 15, 2025 02:38 PM (cn0nj)

200 apropos, I have an idea, those who quote trolls are to be banned with the trolls . how's that for an idea ??

Posted by: runner at July 15, 2025 02:38 PM (g47mK)

201 It's a long way from Milan to Minsk...

Posted by: Rochelle, Rochelle! at July 15, 2025 02:38 PM (4Y9zn)

202 "Regime hack Jerome Powell cut interest rates just before the election to boost Biden, and refused to raise interest rates throughout most of Biden's reign of inflation. He never cautioned Biden on his massive overspending or linked it to inflation."

Powell is not a good guy, but the probability is that Powell cut the rates just before the election (and if you remember the screaming that it was FAR TO SMALL HE HATES KAMALA) because Yellen was shovelling short term T Bills to the EU Central bank and the Germans and the Fed was forced to monetize them.

Posted by: Kindltot at July 15, 2025 02:38 PM (D7oie)

203 165 Because, as you say, saving money is almost a fools errand at this point. Which is not conductive for a healthy economy.

Yeah, economists are all crying alarms about how little money Americans have put aside in savings but they don't see to understand that everyone figured out that savings are just spending money a little slower than just buying things. You want people to save more money? Make the interest on the savings account higher than inflation.
Posted by: Christopher R Taylor
=======
Traditional saving rate is rather a stupid measure. People have a lot of savings in the form of retirement plans, real estate and houses in some areas, and so on. Savings in a bank is for idiots as banks often pay as little as .1 percent interest when current rates are around 4 percent plus.

The economy has changed but old measures like savings rates remain the same so as to maintain compatibility with old measures.

Same problem with many surveys started in the 50-70's. They keep asking questions of dubious current validity so as to maintain some sort of statistical continuity with past surveys for time series analysis.

Posted by: whig at July 15, 2025 02:38 PM (ctrM5)

204 nope never mind
the shit pebble diahrea soup was just fine
it was the bleach i drank that was giving me the tummy troubles

Posted by: Aliassmithsmith at July 15, 2025 02:38 PM (665yf)

205 Bette Midler Flips Out - Says Trump “Mentally Unfit to Serve,” Ordering Troops “To Gas Citizens and Drag Them to Gulags”

If Trump really did ? I'd let the Epstein stuff slide.

Posted by: I Drink and I Know Things at July 15, 2025 02:38 PM (7PJXf)

206 That is exactly what this story is, some dude saying "Trump said this on a phone call that I overheard!

This is what the left is really good at, and Trump walked right into it like stomping on a rake. Don't give them the opportunity. Don't give them the momentum. Sending weapons to Ukraine, downplaying Epstein, all that does is arm your enemies, he's usually smarter than that.
Posted by: Christopher R Taylor
===

Some Other Dude is saying the exact opposite.
They'll go with whatever peaks people's interest. No matter how fabricated and meaningless, they will gasp out 'scandel of the century'.

Posted by: Itinerant Alley Butcher at July 15, 2025 02:39 PM (/lPRQ)

207 Bette Midler Flips Out - Says Trump “Mentally Unfit to Serve,” Ordering Troops “To Gas Citizens and Drag Them to Gulags”
Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:37 PM

The Bovine Miss M.

Posted by: toby928 at July 15, 2025 02:39 PM (jc0TO)

208 Trump walked right into it like stomping on a rake.

Or... it's all a lie. A lie meant to make people get upset about Trump betraying MAGA for the 10th time this month by starting a forever war in eastern Europe.

Posted by: I used to have a different nic at July 15, 2025 02:40 PM (ExV1e)

209 If I understand correctly inflation is going to skyrocket because all the "Immigrant" "Newcomeers" who do literally all the productive work in Amercia have fled out of fear of being put in death camps*...

Tired of this. "ALLIGATOR ALCATRAZ IS A CONCENTRATION CAMP!!!" No, it's a short-term detention center for illegals. There are no death marches or slave labor or deliberate starvation or gas chambers or ovens. To call it a concentration camp, a deliberate choice of words designed to evoke the horrors of Auschwitz, Buchenwald, Bergen-Belsin and dozens of others is an insult and a cheapening of those who actually suffered the Holocaust. There is no comparison to be drawn, at all, whatsoever. What the fuck is wrong with people?

Posted by: All amygdala all the time at July 15, 2025 02:40 PM (TbWk/)

210 Bette Midler Flips Out - Says Trump “Mentally Unfit to Serve,” Ordering Troops “To Gas Citizens and Drag Them to Gulags”
----------------
Hey, I had tickets to the Frog and Nightgown to see the new singing talent Bette Midler perform on my 18th Birthday which also coincided with the end of the draft and the bitch cancelled. Fuck her.

Posted by: pudinhead at July 15, 2025 02:40 PM (W3T6M)

211 Check Jerome Powell 's crawlspace for dead children.

Posted by: Maj. Healey at July 15, 2025 02:40 PM (/U5Yz)

212 And, no, the Indians don't think very highly of us.
Posted by: Harry Paratestes

Hindian?

I hear they prefer to be called Hindian.

Posted by: Itinerant Alley Butcher at July 15, 2025 02:40 PM (/lPRQ)

213 Israel reportedly says it will end the Jolani regime in Syria "within hours" if Jolani doesn't withdraw the troops currently attacking the Druze.

https://tinyurl.com/4dfff2v8

Posted by: Meade Lux Lewis, Domestic Terrorist at July 15, 2025 02:41 PM (paSBy)

214 How else are you going to force the Federal Government to reign in their spending?
-------
Parapraxis, or intentional?

Posted by: Mike Hammer, waxing pedantic at July 15, 2025 02:41 PM (XeU6L)

215 209 If I understand correctly inflation is going to skyrocket because all the "Immigrant" "Newcomeers" who do literally all the productive work in Amercia have fled out of fear of being put in death camps*...

Posted by: All amygdala all the time at July 15, 2025 02:40 PM (TbWk/)

======

We will lose their labor, their welfare payments will stop, and they'll...stop buying groceries and renting apartments.

Holy shit is mass deportation going to be deflationary.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:41 PM (GBKbO)

216 Traditional saving rate is rather a stupid measure. People have a lot of savings in the form of retirement plans, real estate and houses in some areas, and so on.

Yeah when I got an inheritance I saw three options: Savings, investment, or real estate. Savings was just slowly burning the money up, Investment I knew nothing about and didn't trust, so I sank it all into renovating the old house. Now, I don't expect to get all that back necessarily but I now have lower energy bills, central air, functioning electricity, a new bathroom and back yard, and lower insurance rates.

My savings is what I live in. I doubt they count that in the savings surveys.

Posted by: Christopher R Taylor at July 15, 2025 02:41 PM (dfIr7)

217 Tired of this. "ALLIGATOR ALCATRAZ IS A CONCENTRATION CAMP!!!" No, it's a short-term detention center for illegals. There are no death marches or slave labor or deliberate starvation or gas chambers or ovens.

My hopes are crushed by your facts and shit.

Posted by: toby928 at July 15, 2025 02:42 PM (jc0TO)

218 ... But Comes In Under Expectations

--------

Unexpectedly!

Posted by: ShainS at July 15, 2025 02:42 PM (H4k+z)

219 Powell is not a good guy, but the probability is that Powell cut the rates just before the election (and if you remember the screaming that it was FAR TO SMALL HE HATES KAMALA) because Yellen was shovelling short term T Bills to the EU Central bank and the Germans and the Fed was forced to monetize them.

Posted by: Kindltot
======
Powell said nothing from 2021-2025 about inflation caused by fiscal policies from the Green Nude Eel and other such idiotic Biden junta policies.

He has run the Fed at a loss for most of his tenure because he failed to raise interest rates at the appropriate time and then cut them to help Yellen and possibly Kamala close to the finish of the 2024 race.

Weak, poor administrator (rebuilding fiasco as example), and he did too little and too late on everything he did in office including raising rates and cutting them.

Posted by: whig at July 15, 2025 02:42 PM (ctrM5)

220 Alligator Alcatraz is a Transit Camp.

Posted by: Boss Moss at July 15, 2025 02:42 PM (cn0nj)

221 Posted by: All amygdala all the time at July 15, 2025 02:40 PM (TbWk/)

Fun fact of the day - I believe the term "concentration camp" has it's origins in Cuba during the Ten Year War, when the Spanish had to lock up the locals so they'd get their heads right and not support the, ahem, "insurrection against Spanish rule."

But yes, it has nothing to do with immigration processing centers.

Posted by: Harry Paratestes at July 15, 2025 02:43 PM (uCjyK)

222 Damn! I don't read the news ONE DAY and this happens!

Bette Midler Flips Out - Says Trump “Mentally Unfit to Serve,” Ordering Troops “To Gas Citizens and Drag Them to Gulags”
Posted by: Anonosaurus Wrecks, A Walmart 6
===

When did Better Midler become a District Court Judge ?

Posted by: Itinerant Alley Butcher at July 15, 2025 02:43 PM (/lPRQ)

223 If you’re getting 6.5% that means holders of US debt are also getting 6.5%. Or somewhere in that ballpark. Which means a yuuuge expense for the federal government.
Posted by: Its Go Time Donald at July 15, 2025 02:24 PM (ImXfC)

Oh, and for Blackrock who likes to buy majority shares of companies, then gut them and force them to pay off the debt until they fold. See also, Why Is Cold Stone Creamery Failing.
If Private Equity can make money taking out loans to buy companies to gut them and sell them off in pieces, then the interest rates are too low.

Posted by: Kindltot at July 15, 2025 02:43 PM (D7oie)

224 My savings is what I live in. I doubt they count that in the savings surveys.
Posted by: Christopher R Taylor
=======
Nope. They don't. Same thing on quality measures of goods.

Posted by: whig at July 15, 2025 02:43 PM (ctrM5)

225 Alligator Alcatraz is a Transit Camp.
Posted by: Boss Moss at July 15, 2025 02:42 PM (cn0nj)

The genderqueer ideologues take over and it'll be a transition camp.

Posted by: Dick chopping for everybody! at July 15, 2025 02:44 PM (TbWk/)

226 And, no, the Indians don't think very highly of us.

I think that's largely caste-dependent. Brahmins don't like the USA. The rest seem fine with us. I hope that Trump nukes the H1B program, which is Elon's main reason for turning on him.

Posted by: Christopher R Taylor at July 15, 2025 02:44 PM (dfIr7)

227 You know who else had a lot of inflation?

Posted by: Lena Dunham at July 15, 2025 02:44 PM (Qr870)

228 Hindian? I hear they prefer to be called Hindian.

Dot Not Feathers.

Posted by: I Drink and I Know Things at July 15, 2025 02:44 PM (7PJXf)

229 Hindian?

I hear they prefer to be called Hindian.
Posted by: Itinerant Alley Butcher at July 15, 2025 02:40 PM (/lPRQ)

Er, whatever they want to be called. I know it's confusing since we now have more Indians than Indians in the US and Canada.

Call center, not casino.

Posted by: Harry Paratestes at July 15, 2025 02:44 PM (uCjyK)

230 205 Bette Midler Flips Out - Says Trump “Mentally Unfit to Serve,” Ordering Troops “To Gas Citizens and Drag Them to Gulags”

If Trump really did ? I'd let the Epstein stuff slide.
Posted by: I Drink and I Know Things
===

I thought Midler ordered troops “To Gas Citizens and Drag Them to Gulags”

Posted by: Itinerant Alley Butcher at July 15, 2025 02:45 PM (/lPRQ)

231 220 Alligator Alcatraz is a Transit Camp.
----------------
So will pesticides be used in the showers?

Posted by: pudinhead at July 15, 2025 02:45 PM (W3T6M)

232 >>> 217 Tired of this. "ALLIGATOR ALCATRAZ IS A CONCENTRATION CAMP!!!" No, it's a short-term detention center for illegals. There are no death marches or slave labor or deliberate starvation or gas chambers or ovens.
==

My hopes are crushed by your facts and shit.
Posted by: toby928 at July 15, 2025 02:42 PM (jc0TO)

This.

I shall be disappointed in Trump unless and until I see work begin on the Dignity Canal.

Posted by: Helena Handbasket at July 15, 2025 02:45 PM (ULPxl)

233 217 Not ovens, furnaces. My Dad was a baker.

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at July 15, 2025 02:45 PM (gm9Sb)

234 NFL Great John Elway Won’t Be Charged in Business Partner’s Death

-
Good to know.

Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:45 PM (L/fGl)

235 Yeah, economists are all crying alarms about how little money Americans have put aside in savings but they don't see to understand that everyone figured out that savings are just spending money a little slower than just buying things. You want people to save more money? Make the interest on the savings account higher than inflation.
Posted by: Christopher R Taylor

Yeah I gave up on the Bank dream when I was in college and bank told me the little savings account I had since I was 6 or something was going to be confiscated from me because it was too much trouble.

Posted by: Oldcat at July 15, 2025 02:46 PM (8avO+)

236 Call center, not casino.
Posted by: Harry Paratestes

Curry, not pemmican.

Posted by: Bulg at July 15, 2025 02:46 PM (77rzZ)

237 Bette Midler is 79 (probably 85+ because she's a liar)I suspect she won't be with us much longer.

Posted by: Maj. Healey at July 15, 2025 02:46 PM (/U5Yz)

238 NFL Great John Elway Won’t Be Charged in Business Partner’s Death

-
Good to know.
Posted by: Anonosaurus Wrecks, A Walmart 6 at July 15, 2025 02:45 PM

Saved by the Just Needed Killin' clause.

Posted by: toby928 at July 15, 2025 02:46 PM (jc0TO)

239 He has run the Fed at a loss for most of his tenure because he failed to raise interest rates at the appropriate time and then cut them to help Yellen and possibly Kamala close to the finish of the 2024 race.

Weak, poor administrator (rebuilding fiasco as example), and he did too little and too late on everything he did in office including raising rates and cutting them.
Posted by: whig at July 15, 2025 02:42 PM (ctrM5)

I think there was also something to do with the change from LIBOR to SOFR, which changed the weight of who decided the interest for the Overnight Rate from the Bank of England and ECB (who held the Treasuries in a secondary market) to the New York Fed, if BOE decided to keep the LIBOR rate low, there was not much the Fed could do about it besides lose money.

Posted by: Kindltot at July 15, 2025 02:46 PM (D7oie)

240 I think that's largely caste-dependent. Brahmins don't like the USA. The rest seem fine with us. I hope that Trump nukes the H1B program, which is Elon's main reason for turning on him.
Posted by: Christopher R Taylor at July 15, 2025 02:44 PM (dfIr7)

In Canada, they've largely imported Punjabis. Which is kind of a twofer, because a lot of Punjabis are also Muslim, depending on which side of the Indian / Paki border they come from. AND, the Muslims, Sikhs and Hindu Punjabis all have a long sordid unfriendly history, which is great.

So it's double the diversity! Buy one get one free on the diversity card.

Posted by: Harry Paratestes at July 15, 2025 02:47 PM (uCjyK)

241 They'll go with whatever peaks people's interest. No matter how fabricated and meaningless, they will gasp out 'scandel of the century'.

Yes, but it doesn't resonate as long as Trump is doing stuff that the people vibe with and are consistent with his campaign rhetoric, his promises. They can scream "concentration camps" all they want about deportations and people still cheer.

Posted by: Christopher R Taylor at July 15, 2025 02:47 PM (dfIr7)

242 I could be wrong about this, but I do know the ECB is having conniptions over having to borrow US Dollars at the current rate, and the Bank of England and the Brits having yet another Gilt problem, which is what put paid to PM Liz Truss and her economic plans

Posted by: Kindltot at July 15, 2025 02:48 PM (D7oie)

243 Sending weapons to Ukraine
Posted by: Christopher R Taylor

Trump is being clever on that one by requiring Europe to fund it. and Putin should call it quits on the war unless he wants the whole Ukraine enchilada.

By sending Patriots which are not offensive weapons btw and having Europe aka NATO pay for them, does little more than help keep some civilians from dying from missile and drone strikes.

Putin shows little desire for peace and Z Man certainly doesn't give a shit for how many deaths are happening so Trump is trying to lessen the death toll in Ukraine of the souless battle of drones and missiles.

Posted by: whig at July 15, 2025 02:48 PM (ctrM5)

244 Yeah I gave up on the Bank dream when I was in college and bank told me the little savings account I had since I was 6 or something was going to be confiscated from me because it was too much trouble.
Posted by: Oldcat

Man, talk about destroying their customer base...

Posted by: FeatherBlade at July 15, 2025 02:48 PM (a+4eV)

245 237 Bette Midler is 79 (probably 85+ because she's a liar)I suspect she won't be with us much longer.
---------------
She had a great voice but so did Streisand. Its when they talked that the illusion ends.

Posted by: pudinhead at July 15, 2025 02:48 PM (W3T6M)

246 But, nearly EVERY decision made on our Economy is one to drive money to the Market.
--
The Wolf of Wall Street.
Everyone sees the flash and money. Laugh, amused.

I see an endless supply of men willing to do anything and everything to take your money.
And they're damned good at it too.
Scary good.
All the rules are written by them, for them.
And they have a whole federal agency to protect them from you, that pretends the opposite; the SEC.

As I've seen it said, everyone want a Lambo like them. And you could take every dime they have, put them on your level.
And in a few years, they'll be back in the Lambo.
Because, they'll do what it takes to get the money; 100-hour coke-fueled weeks, lie, cheat, steal.
You won't.

Posted by: People's Hippo Voice at July 15, 2025 02:48 PM (Jw2IK)

247 Curry, not pemmican.
Posted by: Bulg at July 15, 2025 02:46 PM (77rzZ)

Don't Dream it, Be It!

Posted by: Kindltot at July 15, 2025 02:48 PM (D7oie)

248 Dot Not Feathers.
Posted by: I Drink and I Know Things

229 Hindian?

I hear they prefer to be called Hindian.
Posted by: Itinerant Alley Butcher

Call center, not casino.
Posted by: Harry Paratestes

Pushstart vs Pullstart

Posted by: Christopher R Taylor at July 15, 2025 02:49 PM (dfIr7)

249 Tired of this. "ALLIGATOR ALCATRAZ IS A CONCENTRATION CAMP!!!"
====

No. That is being done at the old OJ plant where they make the frozen OJ concentrate - One can frozen OJ concentrate, four cans water.

Except it will be 'alien concentrate'.

Sounds good in theory, but I don't think Reconstituted Maria will be cleaning your toilet.

Posted by: Itinerant Alley Butcher at July 15, 2025 02:49 PM (/lPRQ)

250 Those guys "talk economics" like it was a magic spell.

You gotta ~~Believe.~~ raise taxes on the rich and redistribute wealth to the poor and working classes!!!!
Posted by: Scam Likely

Posted by: Rabid Marxist Economists at July 15, 2025 02:49 PM (JCZqz)

251 Israel reportedly says it will end the Jolani regime in Syria "within hours" if Jolani doesn't withdraw the troops currently attacking the Druze.

https://tinyurl.com/4dfff2v8
Posted by: Meade Lux Lewis

Weren't there some Druze villages that wanted to become part of Israel when the Assad regime fell?

Funny how those terrible Joooooos are all for freedom of religion.

Posted by: Bulg at July 15, 2025 02:49 PM (77rzZ)

252 Show me a market where tariffs are deflationary.

In markets where they put high tariffs on American agriculture for example, , food is way more expensive. Japan is a good example.

Posted by: Maroon at July 15, 2025 02:49 PM (mjCXl)

253 First he was high on cocaine, now Casey Jones is dead?!

----

It happens.

Posted by: Len Bias at July 15, 2025 02:50 PM (NdCPY)

254 Trump is being clever on that one by requiring Europe to fund it. and Putin should call it quits on the war unless he wants the whole Ukraine enchilada.

That is not widely understood but it doesn't even matter. Trump promised peace, not more weapons. This is a mistake, a poor decision I am certain is the result of deals made to get his bill passed.

Posted by: Christopher R Taylor at July 15, 2025 02:50 PM (dfIr7)

255
In Canada, they've largely imported Punjabis. Which is kind of a twofer, because a lot of Punjabis are also Muslim, depending on which side of the Indian / Paki border they come from. AND, the Muslims, Sikhs and Hindu Punjabis all have a long sordid unfriendly history, which is great.

So it's double the diversity! Buy one get one free on the diversity card.
Posted by: Harry Paratestes at July 15, 2025 02:47 PM (uCjyK)

They've trained long and hard to defend themselves against the murderous violence of Muslims, and to launch stealthy counterattacks after long-range covert reconnaissance. Hence the saying "Sikh, and ye shall find."

Posted by: Feeling punny at July 15, 2025 02:50 PM (TbWk/)

256 Yes, but it doesn't resonate as long as Trump is doing stuff that the people vibe with and are consistent with his campaign rhetoric, his promises. They can scream "concentration camps" all they want about deportations and people still cheer.
Posted by: Christopher R Taylor at July 15, 2025 02:47 PM (dfIr7)

Yes, I want Trump to build as many deportation camps as feasible, and I don't care if the left calls them concentration camps or whatever term they think up.

But I also want Trump to not be a cuck to the Deep State and to release the Epstein files. Oh, and to stop with the fucking wars all over the world.

So I hold contradictory thoughts about Trump in my mind, which seems to me to be pretty normal when it comes to politicians.

Posted by: Harry Paratestes at July 15, 2025 02:50 PM (uCjyK)

257 The clothing prices seem to indicate women are spending. That's a confidence indicator.
Posted by: SloPitch Whiffer at July 15, 2025 02:30 PM (wzAuc)

Many more long dresses and skirts. Part of that is the heat, but there are more out there now than there were in 2016

Posted by: Kindltot at July 15, 2025 02:51 PM (D7oie)

258 Trump “Mentally Unfit to Serve,” Ordering Troops “To Gas Citizens and Drag Them to Gulags”
Posted by: Anonosaurus Wrecks

To be fair, the company does cook when he blows reveille.

Posted by: Jinx the Cat at July 15, 2025 02:51 PM (MLHNM)

259 Tired of this. "ALLIGATOR ALCATRAZ IS A CONCENTRATION CAMP!!!"

"They have to brush their teeth the same place where their toilet is!!!"
--Debbie Washerman-Sharkmouth, who apparently has separate rooms for her toilet and sink

Posted by: Christopher R Taylor at July 15, 2025 02:51 PM (dfIr7)

260 252 Show me a market where tariffs are deflationary.

In markets where they put high tariffs on American agriculture for example, , food is way more expensive. Japan is a good example.

Posted by: Maroon at July 15, 2025 02:49 PM (mjCXl)

======

Inflation and deflation isn't just prices on individual goods.

That's like saying killing hens is inflationary because it raises egg prices.

Tariffs are deflationary because they decrease the flow of dollars in an economy. They do not raise the amount of dollars in an economy. They act as a disincentive towards purchasing.

So, tariffs, like other government taxes and fees, have slight deflationary effects in the aggregate.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:51 PM (GBKbO)

261 I really don't have a problem with the Sikhs. They're pretty friendly people and like to run liquor stores.

The Hindus and Muzzies can jump in a lake, though.

Posted by: Bulg at July 15, 2025 02:51 PM (77rzZ)

262
You gotta Believe. raise taxes on the rich and redistribute wealth to the poor and working classes!!!!
--------
Tax the rich
Feed the poor
Till there are no
Rich no more

Posted by: Ten Years After at July 15, 2025 02:52 PM (XeU6L)

263 > Because it was easier than doing all that work themselves?
Posted by: Washington Nearsider at July 15, 2025 01:56 PM (fCgdX)

For the amount of money the Fed rakes in, I'm pretty sure that Congress could hire sufficient staff to take care of it.

Posted by: Friedrich Wilhelm Nietzsche at July 15, 2025 02:52 PM (qpyNK)

264 242 I could be wrong about this, but I do know the ECB is having conniptions over having to borrow US Dollars at the current rate, and the Bank of England and the Brits having yet another Gilt problem, which is what put paid to PM Liz Truss and her economic plans
Posted by: Kindltot
========
You aren't. BoE has wrung similar independence from government as the Fed has and has been keeping rates there high due to Labor overspending. So Labor keeps raising taxes that kill economic growth so they can keep on social spending but still borrowing more too.

Now the question is becoming old pensioners support for heating bills over council flats for illegals and immigrants. A minority of population voted for such a government and despite its large majority, Labor is politically as adrift as Tories are. Reform, remains to be seen.

Posted by: whig at July 15, 2025 02:52 PM (ctrM5)

265 Because, as you say, saving money is almost a fools errand at this point. Which is not conductive for a healthy economy.

Yeah, economists are all crying alarms about how little money Americans have put aside in savings but they don't see to understand that everyone figured out that savings are just spending money a little slower than just buying things. You want people to save more money? Make the interest on the savings account higher than inflation.
Posted by: Christopher R Taylor
=======
Traditional saving rate is rather a stupid measure. People have a lot of savings in the form of retirement plans, real estate and houses in some areas, and so on. Savings in a bank is for idiots as banks often pay as little as .1 percent interest when current rates are around 4 percent plus.

The economy has changed but old measures like savings rates remain the same so as to maintain compatibility with old measures.

Posted by: whig at July 15, 2025 02:38 PM (ctrM5)
__
Savings is idiotic and only benefits banks. No rich people have any "savings." They keep their liquid money in higher-yield investments. The rich know how to make their money work for them, not for the banks.

Posted by: Elric The (One and Only) Blade at July 15, 2025 02:52 PM (iFTx/)

266 The big inflation dog that didn't bark is the fact that the Ds have never thrown Powell under the bus when it would be so easy to just blame inflation on him. The timing for that would have been perfect going into the 2024 election but it could have helped at 2022 election time too.

Almost like they're saying 'Powell is on our team' without saying anything the MSM needs to fix.

Posted by: JAMES at July 15, 2025 02:52 PM (DePyg)

267 But I also want Trump to not be a cuck to the Deep State and to release the Epstein files. Oh, and to stop with the fucking wars all over the world.

Exactly, see how it works? This stupid crap he's doing pisses off the base and independent voters, and makes the left's attacks effective, it makes them bite.

Even people here are probably upset that the Republicans in congress shot down a bill proposal to release the Epstein files. Sounds awful, doesn't it? Sounds like Trump is in trouble?

Except the bill would have required ALL files released, publicly online -- even the videos of underaged girls being molested by fat ugly elites. Which obviously cannot be done.

But the attack resonates, because its something Trump screwed us on, and is the reverse of what he campaigned on.

Posted by: Christopher R Taylor at July 15, 2025 02:54 PM (dfIr7)

268 > Debbie Washerman-Sharkmouth, who apparently has separate rooms for her toilet and sink
Posted by: Christopher R Taylor at July 15, 2025 02:51 PM (dfIr7)

She has a separate room just for applying mayonnaise to her hair -- like the "newspaper ironing rooms" you used to find on old English estates.

Posted by: Friedrich Wilhelm Nietzsche at July 15, 2025 02:54 PM (qpyNK)

269 Tariffs are deflationary because they decrease the flow of dollars in an economy. They do not raise the amount of dollars in an economy. They act as a disincentive towards purchasing.

So, tariffs, like other government taxes and fees, have slight deflationary effects in the aggregate.
Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:51 PM (GBKbO)

Are you speaking of the velocity of money? Where V = GDP/M where M is the M1 or M2 money supply.

Posted by: mrp at July 15, 2025 02:54 PM (rj6Yv)

270 Till there are no
Rich no more"

But nothing about poor no more.

Hmmm.

Posted by: man at July 15, 2025 02:55 PM (tubbA)

271 They keep their liquid money in higher-yield investments. The rich know how to make their money work for them, not for the banks.

I agree, but if you aren't rich, only have a little money, having your money in savings is marginally better than having it sitting in a drawer under your socks. Both are being degraded by inflation but one gains a sliver of interest.

Posted by: Christopher R Taylor at July 15, 2025 02:55 PM (dfIr7)

272 Are you speaking of the velocity of money? Where V = GDP/M where M is the M1 or M2 money supply.
Posted by: mrp at July 15, 2025 02:54 PM

Burn the witch!

Posted by: toby928 at July 15, 2025 02:55 PM (jc0TO)

273 Are you speaking of the velocity of money? Where V = GDP/M where M is the M1 or M2 money supply.
Posted by: mrp at July 15, 2025 02:54 PM (rj6Yv)

Look at the fancy guy with his letters and numbers.

I'm going to steal your lunch money, you nerd.

Posted by: Harry Paratestes at July 15, 2025 02:55 PM (uCjyK)

274 Inflation and deflation isn't just prices on individual goods.

That's like saying killing hens is inflationary because it raises egg prices.

Tariffs are deflationary because they decrease the flow of dollars in an economy. They do not raise the amount of dollars in an economy. They act as a disincentive towards purchasing.
---
The double-digit inflation of the Biden years caused the price of food and gas to go up.
Not the price of shit from China.
And, as you've pointed out, we grow our own food and drill our own oil:
So, how can tariffs cause inflation?

Posted by: People's Hippo Voice at July 15, 2025 02:55 PM (Jw2IK)

275 Show me a market where tariffs are deflationary.

Posted by: Maroon at July 15, 2025 02:49 PM (mjCXl)

The United States of America.

Deflation accelerated after Smoot-Hawley was enacted in June of 1930. It (the Smoot-Hawley tariff) interacted with U.S. monetary policy to reduce aggregate demand, more than offsetting any inflationary impact of the reduced aggregate supply.

The response of asset markets to news about Smoot-Hawley also supports that view.

Posted by: Washington Nearsider at July 15, 2025 02:56 PM (fCgdX)

276 Show me a market where tariffs are deflationary.

In markets where they put high tariffs on American agriculture for example, , food is way more expensive. Japan is a good example.

Posted by: Maroon at July 15, 2025 02:49 PM (mjCXl)

It's still better than the seaweed and rotten fish the Japanese usually eat.

Posted by: Dr. Pork Chops & Bacons at July 15, 2025 02:56 PM (g8Ew8)

277 +Higher borrowing rates for the Federal Government is part of an acceleration doom loop.

Can tariffs and DOGE cuts bring us back?

Posted by: NaCly Dog at July 15, 2025 02:56 PM (u82oZ)

278 She has a separate room just for applying mayonnaise to her hair -- like the "newspaper ironing rooms" you used to find on old English estates.

Posted by: Friedrich Wilhelm Nietzsche

I saw a picture of her recently, and she's even uglier that I remember. That hair. Yech.

Posted by: Bulg at July 15, 2025 02:56 PM (77rzZ)

279 274 And, as you've pointed out, we grow our own food and drill our own oil:
So, how can tariffs cause inflation?
Posted by: People's Hippo Voice at July 15, 2025 02:55 PM (Jw2IK)

=======

We grow about 90% of our own food, but we do import a shocking amount of our refined gasoline.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:56 PM (GBKbO)

280 There's probably not enough gold on the planet to back the number of dollars in circulation.
Posted by: Oddbob at July 15, 2025 02:29 PM (XWaIk)

There is, actually. Just not at the stated spot price.

Posted by: Kindltot at July 15, 2025 02:57 PM (D7oie)

281 Tired of this. "ALLIGATOR ALCATRAZ IS A CONCENTRATION CAMP!!!"

"They have to brush their teeth the same place where their toilet is!!!"
--Debbie Washerman-Sharkmouth, who apparently has separate rooms for her toilet and sink
Posted by: Christopher R Taylor

I had that in the last house. Master Bath was open to the Master BR. The toilet was in a little room off to the side (no direct line of sight to the Master BR). Very classy. Had its own light and exhaust fan.
Wanted to put in a crystal chandelier but moved before I found the right one.

Posted by: Itinerant Alley Butcher at July 15, 2025 02:57 PM (/lPRQ)

282 That is not widely understood but it doesn't even matter. Trump promised peace, not more weapons. This is a mistake, a poor decision I am certain is the result of deals made to get his bill passed.
Posted by: Christopher R Taylor

He proposed a negotiated peace. Neither Z Man nor Putin (and in this case, Putin is winning and sees no need to negotiate right now). The blame is more on those guys than Trump. You still haven't mentioned that those weapons were designed to kill missiles and drones though.

That is generally a good and consistent US policy that we have supported in a lot of wars--We don't sell offensive arms but defensive arms are ok.

Posted by: whig at July 15, 2025 02:57 PM (ctrM5)

283 The Hindus and Muzzies can jump in a lake, though.
Posted by: Bulg at July 15, 2025 02:51 PM (77rzZ)

Actually they can't because it's Haram.

Posted by: Lena Dunham at July 15, 2025 02:57 PM (Qr870)

284 If I understand correctly inflation is going to skyrocket because all the "Immigrant" "Newcomeers" who do literally all the productive work in Amercia have fled out of fear of being put in death camps*...

On the other hand, Central American economies are going to skyrocket now that they have these valuable people back.

Posted by: t-bird at July 15, 2025 02:57 PM (hvkfA)

285 Concentration Camps ? I'm sorry - but I see nothing awful about a place where you sit around all day flipping two tiles, trying to match the animals or toys. Boring ? Sure. But hardly torture.

Trumps pimp hand has become weak. I did not vote for this.

Posted by: I Drink and I Know Things at July 15, 2025 02:58 PM (7PJXf)

286 Can tariffs and DOGE cuts bring us back?
Posted by: NaCly Dog at July 15, 2025 02:56 PM (u82oZ)

No, they're drops in the bucket compared to the astronomical mind blowing amount of debt our government has and the annual costs to service that debt.

Posted by: Harry Paratestes at July 15, 2025 02:58 PM (uCjyK)

287 Inflation up 0.1 % means within a week we will be in a deep recession...

We need Joe Biden to stop this now !!!!!

Posted by: Allotta Fagina at July 15, 2025 02:58 PM (BltCC)

288 They keep their liquid money in higher-yield investments. The rich know how to make their money work for them, not for the banks.

I agree, but if you aren't rich, only have a little money, having your money in savings is marginally better than having it sitting in a drawer under your socks. Both are being degraded by inflation but one gains a sliver of interest.
Posted by: Christopher R Taylor at July 15, 2025 02:55 PM (dfIr7)
___

No offense, but that is old thinking. Anyone can open up a discount brokerage account for free from companies like etrade. Make broker-free trades in safe, higher-yield investments and cash out when necessary. No requirement to hold 90 days or whatever. If stocks are too risky, then get bonds or other instruments. It's better than savings and better than keeping money in a sock drawer.

Posted by: Elric The (One and Only) Blade at July 15, 2025 02:58 PM (iFTx/)

289 The Hindus and Muzzies can jump in a lake, though.
-----------
In a related note, catfish is not "seafood".

Posted by: Crusader at July 15, 2025 02:59 PM (TN0g+)

290 Nood. Cali being Cali.

Posted by: I used to have a different nic at July 15, 2025 02:59 PM (ExV1e)

291 288 No offense, but that is old thinking. Anyone can open up a discount brokerage account for free from companies like etrade. Make broker-free trades in safe, higher-yield investments and cash out when necessary. No requirement to hold 90 days or whatever. If stocks are too risky, then get bonds or other instruments. It's better than savings and better than keeping money in a sock drawer.
Posted by: Elric The (One and Only) Blade at July 15, 2025 02:58 PM (iFTx/)

=======

90% in the QQQs. The final 10% in a put option hedge of the QQQs.

Done.

There's the investment advice.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 02:59 PM (GBKbO)

292 Debbie, Debbie, Debbie, mayonnaise (or probably Miracle Whip) is not a hair product. You should know more than anybody the cooties breed there.

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at July 15, 2025 02:59 PM (gm9Sb)

293 He proposed a negotiated peace. Neither Z Man nor Putin (and in this case, Putin is winning and sees no need to negotiate right now). The blame is more on those guys than Trump. You still haven't mentioned that those weapons were designed to kill missiles and drones though.

You're not getting the point. I'm not arguing "Trump shouldn't do this." I am arguing "this looks really bad to normal people and that makes them vulnerable to the left's attacks"

By doing this, it makes stuff that would slide off Trump like water off a Swan's back land more effectively. He has empowered his enemies by appearing to be like every other politician that gets into office and does the opposite of what he campaigned on.

Posted by: Christopher R Taylor at July 15, 2025 03:00 PM (dfIr7)

294 > Brahmins don't like the USA.

Everything about their religion tells them that they are divinely ordained to be at the top of the dung heap, born to boss around anyone at a lower level.

Then they come here and learn that, not only do we not respect their God(s)-given status, but that we don't recognize their stupid and evil caste system in the first place.

Not surprising they don't like it. Think "Post-Civil War former plantation owner who finds himself sitting in the same train car with a Negro".

You know what? They can go fuck themselves.

Posted by: Friedrich Wilhelm Nietzsche at July 15, 2025 03:00 PM (qpyNK)

295 He proposed a negotiated peace. Neither Z Man nor Putin (and in this case, Putin is winning and sees no need to negotiate right now). The blame is more on those guys than Trump. You still haven't mentioned that those weapons were designed to kill missiles and drones though.

That is generally a good and consistent US policy that we have supported in a lot of wars--We don't sell offensive arms but defensive arms are ok.
Posted by: whig at July 15, 2025 02:57 PM (ctrM5)

I'd rather just nuke both of them.

Posted by: Dr. Pork Chops & Bacons at July 15, 2025 03:00 PM (g8Ew8)

296 She has a separate room just for applying mayonnaise to her hair -- like the "newspaper ironing rooms" you used to find on old English estates.

Posted by: Friedrich Wilhelm Nietzsche

I saw a picture of her recently, and she's even uglier that I remember. That hair. Yech.
Posted by: Bulg

I don't get the Mayo-Hair. Seen it in quite a few others too (usually from PR)
Does anybody think that looks good?

Posted by: Itinerant Alley Butcher at July 15, 2025 03:01 PM (/lPRQ)

297 No offense, but that is old thinking. Anyone can open up a discount brokerage account for free from companies like etrade. Make broker-free trades in safe, higher-yield investments and cash out when necessary.

What's the minimum to start an account? Can Sally Withers with 5 extra bucks at the end of the month to put into savings get in on this action? See what I mean by poor people?

Posted by: Christopher R Taylor at July 15, 2025 03:01 PM (dfIr7)

298 297 What's the minimum to start an account? Can Sally Withers with 5 extra bucks at the end of the month to put into savings get in on this action? See what I mean by poor people?
Posted by: Christopher R Taylor at July 15, 2025 03:01 PM (dfIr7)

=======

Yes.

Acorns is such an app.

Posted by: TheJamesMadison, searching for thrills with John Frankenheimer at July 15, 2025 03:02 PM (GBKbO)

299 He has empowered his enemies by appearing to be like every other politician that gets into office and does the opposite of what he campaigned on.

Posted by: Christopher R Taylor at July 15, 2025 03:00 PM (dfIr7)

You're right.

I'm livid that Trump's increasing illegal immigration while expanding Education and USAID and letting Iran work towards a nuke.

Posted by: Washington Nearsider at July 15, 2025 03:02 PM (fCgdX)

300 277 +Higher borrowing rates for the Federal Government is part of an acceleration doom loop.

Can tariffs and DOGE cuts bring us back?
Posted by: NaCly Dog

It gets a little weird when general economic theory does little to differentiate reserve currencies versus normal ones.

Essentially default when debt is too high (we are right at 100 debt to GDP) occurs via inflation and/or formal default.

Japan is currently at something well over 300 percent debt to GDP ratio but yet relatively tame inflation which according to current theory should be impossible. At the same time, Japan is aging, slow to zero population increase and a strong possibility to enter a declining population.

So tipping points are hard to decipher. Some countries default formally over and over again--Argentina for example. Places like Zimbabwe, Venezuela, or Turkey just keep the presses printing. Two of those are basket cases yet Turkey is relatively still productive despite persistent very high inflation.

I think a country's internal cohesion in the end matters more than percentages,etc and that economists fail consistently to measure. People and societies are not potatoes. They have volition.

Posted by: whig at July 15, 2025 03:04 PM (ctrM5)

301 Except the bill would have required ALL files released, publicly online --

even the videos of underaged girls being molested by fat ugly elites. Which obviously cannot be done.

Posted by: Christopher R Taylor

Why not? Says who? If you don't have your dick in a little girl, you don't have anything to worry about.

Posted by: rickb223 at July 15, 2025 03:04 PM (4IClK)

302 Can Sally Withers with 5 extra bucks at the end of the month to put into savings get in on this action? See what I mean by poor people?

Posted by: Christopher R Taylor at July 15, 2025 03:01 PM (dfIr7)

I started mine with $100.

Posted by: Washington Nearsider at July 15, 2025 03:04 PM (fCgdX)

303 even the videos of underaged girls being molested by fat ugly elites. Which obviously cannot be done.

Posted by: Christopher R Taylor

Why not? Says who? If you don't have your dick in a little girl, you don't have anything to worry about.

Posted by: rickb223 at July 15, 2025 03:04 PM (4IClK)

Because posting videos of children engaged in sex acts is a felony.

Posted by: Washington Nearsider at July 15, 2025 03:05 PM (fCgdX)

304 Because posting videos of children engaged in sex acts is a felony.
Posted by: Washington Nearsider

So they can't pixelate their faces? The news does it all the time for every crime involving a minor.

Posted by: rickb223 at July 15, 2025 03:07 PM (4IClK)

305
I saw a picture of her recently, and she's even uglier that I remember. That hair. Yech.
Posted by: Bulg
---------

The makeovers that Vogue did were like miracle transformations.
http://tiny.cc/ehgp001

But, apparently they were like Cinderella.

Posted by: Mike Hammer, etc., etc. at July 15, 2025 03:07 PM (XeU6L)

306 I'd rather just nuke both of them.
Posted by: Dr. Pork Chops & Bacons

Easier to just drone their leaders but that creates other problems as in their substitutes might even be worse.

Neither country is what we consider a democracy. Zman is now a dictator and Putin an elected autocrat.

So they want to keep fighting, they will until either one of those assholes feels the effects personally. I doubt either of them give one solid shit for their countrymen despite all their flowery language claiming the opposite. Putin won but wants to continue to pursue the Ukrainians for vengeance and thereby sowing the seeds of future problems. Zelinksy refuse to admit he lost because he is likely to lose everything if he does that.

So the pointless war continues much like Iran-Iraq in the 80's.

Posted by: whig at July 15, 2025 03:08 PM (ctrM5)

307 Now the question is becoming old pensioners support for heating bills over council flats for illegals and immigrants. A minority of population voted for such a government and despite its large majority, Labor is politically as adrift as Tories are. Reform, remains to be seen.
Posted by: whig at July 15, 2025 02:52 PM (ctrM5)

They apparently are planning to solve both problems by putting all the pensions into government bonds, that will unfortunately get a devaluation in value along with the poor results of the economy in general. which makes it suck to be a pensioner.

Europe is instituting capital controls to keep Euros from converting to Dollars and fleeing the country. Spain was talking about a fine of 3,000 euros for failing to report cash withdrawals exceeding 150 euros within 24 hours.

Posted by: Kindltot at July 15, 2025 03:08 PM (D7oie)

308 So they can't pixelate their faces? The news does it all the time for every crime involving a minor.
Posted by: rickb223
=======
Not their bodies. You would have to pixellate the whole damn thing for children.

Posted by: whig at July 15, 2025 03:09 PM (ctrM5)

309 If Private Equity can make money taking out loans to buy companies to gut them and sell them off in pieces, then the interest rates are too low.
Posted by: Kindltot

Or the market values them too low

Posted by: MkY at July 15, 2025 03:09 PM (+Pp+Q)

310 They apparently are planning to solve both problems by putting all the pensions into government bonds, that will unfortunately get a devaluation in value along with the poor results of the economy in general. which makes it suck to be a pensioner.

Europe is instituting capital controls to keep Euros from converting to Dollars and fleeing the country. Spain was talking about a fine of 3,000 euros for failing to report cash withdrawals exceeding 150 euros within 24 hours.
Posted by: Kindltot
=======
Ah yes. Return to the postwar Euro strategy of currency controls. Nails the little guy while the elites glide past such measures. But, it might make Guernsey and Jersey lively again.

Posted by: whig at July 15, 2025 03:11 PM (ctrM5)

311 Are you speaking of the velocity of money? Where V = GDP/M where M is the M1 or M2 money supply.
Posted by: mrp at July 15, 2025 02:54 PM (rj6Yv)

Velocity of money is essentially "kiting checks"
it is "just in time" banking.

Posted by: Kindltot at July 15, 2025 03:11 PM (D7oie)

312 Japan is currently at something well over 300 percent debt to GDP ratio but yet relatively tame inflation which according to current theory should be impossible. At the same time, Japan is aging, slow to zero population increase and a strong possibility to enter a declining population.

I think a country's internal cohesion in the end matters more than percentages,etc and that economists fail consistently to measure. People and societies are not potatoes. They have volition.
Posted by: whig at July 15, 2025 03:04 PM (ctrM5)
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Japan's Fed was/is? actively purchasing government debt and equities. If still occurring, I'd hate to think what their markets would do if their Fed stopped their support.

Posted by: WisRich at July 15, 2025 03:11 PM (G0vdT)

313 309 If Private Equity can make money taking out loans to buy companies to gut them and sell them off in pieces, then the interest rates are too low.
Posted by: Kindltot

Private equity (and public corporations) are effectively subsidized by allowing those corporations to deduct interest payments on those loans.

Personally, I think we should favor issuing preferred stock for such ventures rather than financing via borrowing fueld by interest deductions.

Less problem with instability caused by debt leverage.

Posted by: whig at July 15, 2025 03:14 PM (ctrM5)

314 Japan's Fed was/is? actively purchasing government debt and equities. If still occurring, I'd hate to think what their markets would do if their Fed stopped their support.
Posted by: WisRich
======
It won't because Japan is a cohesive society. Eventually holders of those bonds will take a haircut is my guess but the entire society will have a rough couple of years when formal default occurs someday. The cost of what they are doing is a perpetual frozen economy which has driven a lot of Japanese companies to invest abroad in production facilities rather than at home.

Posted by: whig at July 15, 2025 03:16 PM (ctrM5)

315 Not their bodies. You would have to pixellate the whole damn thing for children.
Posted by: whig

I'm fine with that. I only want the world to see the fat ugly pigs.

Posted by: rickb223 at July 15, 2025 03:17 PM (4IClK)

316 By doing this, it makes stuff that would slide off Trump like water off a Swan's back land more effectively. He has empowered his enemies by appearing to be like every other politician that gets into office and does the opposite of what he campaigned on.
Posted by: Christopher R Taylor

Not really. He has made repeated moves to try to get Russia and Ukraine to the bargaining table. If Trump had done or said nothing, you might have had a point. But I doubt sending Patriot missiles to Ukraine with NATO paying for them will move the needle one damn bit.

Americans care if we pay for it or are involved in it, not so much that we sell arms to other countries.

Posted by: whig at July 15, 2025 03:19 PM (ctrM5)

317 315 Not their bodies. You would have to pixellate the whole damn thing for children.
Posted by: whig

I'm fine with that. I only want the world to see the fat ugly pigs.
Posted by: rickb223
=======
Well, you have somewhere over 20 lawsuits against Maxwell and/or Epstein's estate involving victims. But judges are loathe to require plaintiffs to sign off on releasing morbid details. Same with autopsy photos in crimes.

Posted by: whig at July 15, 2025 03:21 PM (ctrM5)

318
I'm fine with that. I only want the world to see the fat ugly pigs.
Posted by: rickb223 at July 15, 2025 03:17 PM

I don't want to see or hear that. A compromise that would work would be to release still photos of the perps with everything else blurred and cropped.

Posted by: CaliGirl at July 15, 2025 03:22 PM (hs4ik)

319 I don't want to see or hear that. A compromise that would work would be to release still photos of the perps with everything else blurred and cropped.
Posted by: CaliGirl

That's fine too. But if they are allowed to hide, they'll never be brought to justice.

Posted by: rickb223 at July 15, 2025 03:29 PM (4IClK)

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