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Tariffs: Good, Bad, Or Indifferent?
The hell if I know!
But the volume of nonsense coming from people who can't balance a checkbook and don't understand even the most basic economic laws is getting hard to tolerate. Of course, some of it is reflexive Trump-Hate, and some of it is typical Democrat resistance to anything a Republican does. It is important to separate the geopolitical effects of tariffs from the straight economic effects. Those economic effects are immensely complicated, and back-of-the-envelope analyses from journalism majors is of limited utility. Tariffs and market share do not have a one-to-one correspondence. For instance, if we place a 10% tariff on assless chaps from Canada, that doesn't necessarily mean a 10% reduction in domestic demand for that product. They might be the best assless chaps in the world and are highly sought after, so the reduction in demand might be much smaller than 10% (inelastic demand). Or they may be the worst assless chaps available, in which case an 10% increase in their price might destroy their market share (elastic demand). Will domestic manufacturers of assless chaps pick up that demand? Probably, but maybe Croatian assless chaps are also quite good, and they get some of the demand. The point is that economic changes are not static. There are millions of individual decisions that go into into economic activity (Adam Smith's "Invisible Hand"), and they change every day, so trying to predict outcomes is an exercise in futility. What is more important in the long term is the profound change in our trade policy. Gone (I hope) are the days of free trade for our "trading partners" and regulated trade for us. Take a look at the graphic and you will see some startling disparities, and that is even after the U.S. tariffs are increased! Obviously this chart is incomplete, and leaves lots of questions, including how "currency manipulation and trade barriers" is calculated. And...Average tariffs on all products? Highest tariffs? Are the tariffs weighted by trade value? But President Trump's strategy is already showing some success. Mexico is negotiating; Israel has cut all tariffs to zero; India and Vietnam are considering cutting tariffs.
[click for a larger version]
The goal of President Trump's tariffs is to drive manufacturing back to America, and stop the funding of foreign economies by American consumers. Increasing the cost of imports will push demand to domestic production. That's basic economics. Can it be done without economic dislocation in the world markets and the accompanying possibility of recession? Maybe... Maybe not. But if, at the end we get a revitalized American economy with more manufacturing and a more equitable trade system, the the short-term pain will be worth it. Nobody knows how this is going to progress, because no major country has shifted its trade policies so comprehensively and so quickly. And the 20-something journalism majors who confidently write about this complex economic and geopolitical issue can be ignored. They simply don't have any idea what the f*ck they are writing. Are there rational criticisms of President Trump? Absolutely. I think his communication with the American people has been lacking. I hope that in the near future he lays out his plans, explains the potential downside, and more importantly explains the tremendous upside of an all-encompassing trade policy that favors America over all other nations. That means more good jobs, more domestic product demand, more tax revenue for the Leviathan, and an American economy that is insulated from the depredations of foreign governments that absolutely do not have the best interests of America in mind. [Crossposted at CutJibNewsletter and X/Twitter] And the Apple and Spotify feeds for CJN's podcast should be working!BREAKING: Economic Council Director Kevin Hassett just announced that over 50 countries have already reached out to begin negotiations following President Trump's new tariff policies:
— Charlie Kirk (@charliekirk11) April 6, 2025
"I got a report from the USDR last night that more than 50 countries have reached out to the… pic.twitter.com/6TFPfyH3mr
Comments
(Jump to bottom of comments)1
Good afternoon everyone
Posted by: Skip at April 06, 2025 12:00 PM (ypFCm)
2
I don't know either, but the counties of the world use them often if not every day, yet we do it it's doom and gloom.
My guess is those who think they are evil, bad and ruin are cwho have money in the game and think they will lose.
My guess is those who think they are evil, bad and ruin are cwho have money in the game and think they will lose.
Posted by: Skip at April 06, 2025 12:03 PM (ypFCm)
3
Trump posted on his platform that there is currently 5 trillion dollars worth of industry commitments to manufacture in the USA. He said to hold tight for a while, it may get bumpy but the results will be so worth it.
Paraphrase from Truth Social
Paraphrase from Truth Social
Posted by: kallisto at April 06, 2025 12:03 PM (teuEU)
4
Those economic effects are immensely complicated, and back-of-the-envelope analyses from journalism majors is of limited utility.
Whaaaat? Journalism majors are soooper schmart. If you don't believe me, just ask them. In fact, they're the smartest people they know.
Whaaaat? Journalism majors are soooper schmart. If you don't believe me, just ask them. In fact, they're the smartest people they know.
Posted by: Oddbob at April 06, 2025 12:05 PM (/y8xj)
5
Do read from a few blogs, tariffs are just the first part of negotiations, not do all to end all.
Posted by: Skip at April 06, 2025 12:06 PM (ypFCm)
Posted by: kallisto at April 06, 2025 12:06 PM (teuEU)
7
Did someone say assless chaps?
Posted by: Cory Booker at April 06, 2025 12:07 PM (GhFyc)
8
“ Do not be surprised, my brothers and sisters, if the world hates you. We know that we have passed from death to life, because we love each other. Anyone who does not love remains in death.”
1 John 3:13-14
1 John 3:13-14
Posted by: Marcus T at April 06, 2025 12:07 PM (05Q08)
9
As for those tariffs on uninhabited islands-- I wouldn't be surprised that those places show up in the Treasury and Customs databases as places where items are shipped from destined to those 150 year old Social Security recipients to avoid duties or just plain ol' smuggling. (For you Democrats and Rio Linda residents -- another scam that's been going on for years.)
Posted by: Raoul Ortega at April 06, 2025 12:08 PM (TizQb)
10
Paraphrase from Truth Social
Posted by: kallisto at April 06, 2025 12:03 PM (teuEU)
I want President Trump to give a national address outlining everything I just mentioned in the last paragraph!
Truth Social doesn't cut it.
Posted by: kallisto at April 06, 2025 12:03 PM (teuEU)
I want President Trump to give a national address outlining everything I just mentioned in the last paragraph!
Truth Social doesn't cut it.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:08 PM (UUa/N)
11
I don't see Canada on that list. Supposedly, Canada imposes up to 300% on American dairy products.
Posted by: Oddbob at April 06, 2025 12:09 PM (/y8xj)
12
CBD thanks
Posted by: Doug at April 06, 2025 12:10 PM (Hy+R4)
13
I think his communication with the American people has been lacking. I hope that in the near future he lays out his plans, explains the potential downside, and more importantly explains the tremendous upside of an all-encompassing trade policy that favors America over all other nations.”
I agree with this completely, and have been saying the same thing. Not using the Oval Office to address the American People was an unnecessary flaw in his first time, and I still hope he can realize why that has to be done.
This was one of the greatest strengths of the Reagan Presidency; he understood how to talk to the people directly. FDR’s widespread popularity can be traced directly to his radio “fireside chats”, which the entire country listened to. In hard times when much is changing, the power of direct communication is one of the greatest tools a President has.
President Trump, please use it!
I agree with this completely, and have been saying the same thing. Not using the Oval Office to address the American People was an unnecessary flaw in his first time, and I still hope he can realize why that has to be done.
This was one of the greatest strengths of the Reagan Presidency; he understood how to talk to the people directly. FDR’s widespread popularity can be traced directly to his radio “fireside chats”, which the entire country listened to. In hard times when much is changing, the power of direct communication is one of the greatest tools a President has.
President Trump, please use it!
Posted by: Tom Servo at April 06, 2025 12:10 PM (ngbZu)
14
Great spectator sport will be to watch the media and other malefactors try to destroy our economy to get Trump. They will pull out all the stops.
Posted by: Anonosaurus Wrecks, Soldier of the Persistence at April 06, 2025 12:10 PM (L/fGl)
15
If the goal is trade equity, then okay. Otherwise, unless the market stabilizes quickly, this level of unknown won’t bode well in 2026.
A lot of money has been lost by J and his mom. We aren’t young anymore (well, I am in because of denial) and have retirement plans, J’s mom really isn’t young and she has truly lost an eye watering amount of money.
A lot of money has been lost by J and his mom. We aren’t young anymore (well, I am in because of denial) and have retirement plans, J’s mom really isn’t young and she has truly lost an eye watering amount of money.
Posted by: Piper at April 06, 2025 12:11 PM (QzINz)
16
We have been propping up the world crap system since WWII. Policeman to the world, the last few decades on borrowed "money". We can't keep piling up debt. No one else has been willing to face facts. Support our President as he seeks to clean up this horrible mess.
I still find it incredible that these electrons traveled all the way from Paris and got her precisely at noon. Boggles my little mind.
I still find it incredible that these electrons traveled all the way from Paris and got her precisely at noon. Boggles my little mind.
Posted by: Mega Ultra MAGA Man at April 06, 2025 12:11 PM (G5+As)
17
I don't see Canada on that list. Supposedly, Canada imposes up to 300% on American dairy products.
Posted by: Oddbob at April 06, 2025 12:09 PM (/y8xj)
It's not a comprehensive list, and the data are opaque.
Posted by: Oddbob at April 06, 2025 12:09 PM (/y8xj)
It's not a comprehensive list, and the data are opaque.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:11 PM (UUa/N)
18
Problem is communication between the Administration and public goes mostly through the Democrats Propaganda Ministry
Posted by: Skip at April 06, 2025 12:12 PM (ypFCm)
19
I'm amused that it took until 2025 for Democrats to realize taxpayers pay taxes and that taxes have a negative effect on the economy.
Of course they apparently still don't understand that income, capital gains, property and sales taxes all do the same except tariffs are partially paid by foreigners - those other taxes are paid by Americans
Of course they apparently still don't understand that income, capital gains, property and sales taxes all do the same except tariffs are partially paid by foreigners - those other taxes are paid by Americans
Posted by: 18-1 at April 06, 2025 12:13 PM (t0Rmr)
20
Imagine if Trump were able to replace out current federal tax system with tariffs...
No IRS
No filing
No withholding
and unlike our current taxes you could choose not to pay them if you wanted to by just buying American
No IRS
No filing
No withholding
and unlike our current taxes you could choose not to pay them if you wanted to by just buying American
Posted by: 18-1 at April 06, 2025 12:14 PM (t0Rmr)
21
Gone are the days of a shared goal: American prosperity and potential.
One side wants freedom. Work hard, innovate, create, save.
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
One side wants freedom. Work hard, innovate, create, save.
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
Posted by: nurse ratched at April 06, 2025 12:14 PM (mT+6a)
22
Support our President as he seeks to clean up this horrible mess.
I still find it incredible that these electrons traveled all the way from Paris and got her precisely at noon. Boggles my little mind.
Posted by: Mega Ultra MAGA Man at April 06, 2025 12:11 PM (G5+As)
Yes. Exactly.
They got there at noon because I sent them at 6:00pm!
I still find it incredible that these electrons traveled all the way from Paris and got her precisely at noon. Boggles my little mind.
Posted by: Mega Ultra MAGA Man at April 06, 2025 12:11 PM (G5+As)
Yes. Exactly.
They got there at noon because I sent them at 6:00pm!
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:14 PM (UUa/N)
23
Policeman to the world, the last few decades on borrowed "money"
We borrow money to give it out to oligarchs in other countries. Its insanity.
We borrow money to give it out to oligarchs in other countries. Its insanity.
Posted by: 18-1 at April 06, 2025 12:15 PM (t0Rmr)
24
Israel has cut all tariffs to zero
-
And yet the US imposed a 17% counter-tariff against Israel. And now I understand why:
https://tinyurl.com/7haby85v
(Ignore the Heinz Ketchup conundrum - resolved)
That means that there's hope for a much more open and free market here in Israel.
Unless the usual communists and elites (one can be both) continue to quash it to the country's detriment.
-
And yet the US imposed a 17% counter-tariff against Israel. And now I understand why:
https://tinyurl.com/7haby85v
(Ignore the Heinz Ketchup conundrum - resolved)
That means that there's hope for a much more open and free market here in Israel.
Unless the usual communists and elites (one can be both) continue to quash it to the country's detriment.
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 06, 2025 12:15 PM (n+K6/)
25
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
And they want the fruit of your labor. All of it. Don't worry though they'll give some back. If you are a good boy/girl and do what they say.
And they want the fruit of your labor. All of it. Don't worry though they'll give some back. If you are a good boy/girl and do what they say.
Posted by: 18-1 at April 06, 2025 12:16 PM (t0Rmr)
26
I wish they had put a bit more thought into to the formula. It’s just deficit divide by exports.
Posted by: Its Go Time Donald at April 06, 2025 12:16 PM (Jay38)
27
I don't see Canada on that list. Supposedly, Canada imposes up to 300% on American dairy products.
Posted by: Oddbob at April 06, 2025 12:09 PM (/y8xj)
I heard Canada also has a huge subsidy program to prop up the dairy farmers in Quebec. Similar to the one that the US has for our dairy farmers.
Posted by: Oddbob at April 06, 2025 12:09 PM (/y8xj)
I heard Canada also has a huge subsidy program to prop up the dairy farmers in Quebec. Similar to the one that the US has for our dairy farmers.
Posted by: Idaho Spudboy at April 06, 2025 12:17 PM (cnmiW)
28
What they said would happen: This will open new markets for American products with the added bonus of spreading freedom and democracy.
What happened: We offshored manufacturing while importing foreign cultures and conflicts.
What happened: We offshored manufacturing while importing foreign cultures and conflicts.
Posted by: Duke Lowell at April 06, 2025 12:18 PM (u73oe)
29
The last 30 years has been the US getting cheap shit from around the world paid for with trillions of borrowing. It worked great for a while. Consumers were happy, the elites were happy, corporations were happy.
But eventually this had to come crashing down. And it has.
But eventually this had to come crashing down. And it has.
Posted by: Its Go Time Donald at April 06, 2025 12:18 PM (Jay38)
30
Fair, wise or not. There are a lot of people depending on their 401k’s for retirement or living off them as we speak. While they’ve experienced monumental gains due to the market they’ve also been hit by inflation and high prices. Many of these people are not very sophisticated and are invested in index funds. At the moment they’re seeing their financial security take a serious hit.
I suppose you can write this off and tell people to take the long view. That’s usually wise advice. But remember many people’s timelines and situations are different. Thus far the explanations have been lacking. The president and his cabinet have spent more time answering the media and their critics, than helping to calm his supporters nerves. I would agree that’s a substantial mistake and one that needs to be addressed.
I suppose you can write this off and tell people to take the long view. That’s usually wise advice. But remember many people’s timelines and situations are different. Thus far the explanations have been lacking. The president and his cabinet have spent more time answering the media and their critics, than helping to calm his supporters nerves. I would agree that’s a substantial mistake and one that needs to be addressed.
Posted by: Marcus T at April 06, 2025 12:19 PM (05Q08)
31
What happened: We offshored manufacturing while importing foreign cultures and conflicts.
In 2000 Muslims were rare in the US and all the ones you met were "moderate".
By 2004 I was seeing women in the local big blue shitty wearing burkas and pushing baby carriages.
What happened: We offshored manufacturing while importing foreign cultures and conflicts.
In 2000 Muslims were rare in the US and all the ones you met were "moderate".
By 2004 I was seeing women in the local big blue shitty wearing burkas and pushing baby carriages.
Posted by: 18-1 at April 06, 2025 12:20 PM (t0Rmr)
32
Yes. Exactly.
They got there at noon because I sent them at 6:00pm!
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises)
That's even more mind-boggling!
They got there at noon because I sent them at 6:00pm!
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises)
That's even more mind-boggling!
Posted by: Mega Ultra MAGA Man. at April 06, 2025 12:20 PM (G5+As)
33
I'm not looking forward to this next week.
Many people including my family are losing a lot of money.
Most Americans are pretty impatient and want instantaneous results.
Many people including my family are losing a lot of money.
Most Americans are pretty impatient and want instantaneous results.
Posted by: redridinghood at April 06, 2025 12:21 PM (NpAcC)
34
As others have said, "they" have been in a trade war against USA for decades. We just assumed (partly because of Greenspan false "economic law") that it would all magically work out in the end.
So we came close to destroying our currency with infinite dollars and insane "Modern Monetary Theory" that has already yielded high inflation, but could get out of control if we don't stop all the grifters and criminals.
Not sure where we go from here, but massive cuts to all the abuse will certainly help. And massive arrests and incarcerations should follow. The real racketeering is by the DC "DeepState" mafia, as seen with USAID, but prevalent in every department.
So we came close to destroying our currency with infinite dollars and insane "Modern Monetary Theory" that has already yielded high inflation, but could get out of control if we don't stop all the grifters and criminals.
Not sure where we go from here, but massive cuts to all the abuse will certainly help. And massive arrests and incarcerations should follow. The real racketeering is by the DC "DeepState" mafia, as seen with USAID, but prevalent in every department.
Posted by: illiniwek at April 06, 2025 12:21 PM (Cus5s)
35
I don't see Canada on that list. Supposedly, Canada imposes up to 300% on American dairy products.
Posted by: Oddbob at A
It’s as they say, nuanced.
300% kicks in at a certain threshold. I don’t remember the numbers but it’s a lot of fair before that tariff is applied. And it is almost never met.
The real fuckery in Canada is domestic production incentives. The govt controls what farmers can and can’t produce. And that price manipulation is what keeps American goods out. Also domestic distributors are incentivized by the govt to buy domestic product.
It’s not technically a tariff but it’s as bad.
Posted by: Oddbob at A
It’s as they say, nuanced.
300% kicks in at a certain threshold. I don’t remember the numbers but it’s a lot of fair before that tariff is applied. And it is almost never met.
The real fuckery in Canada is domestic production incentives. The govt controls what farmers can and can’t produce. And that price manipulation is what keeps American goods out. Also domestic distributors are incentivized by the govt to buy domestic product.
It’s not technically a tariff but it’s as bad.
Posted by: Its Go Time Donald at April 06, 2025 12:21 PM (Jay38)
36
The last 30 years has been the US getting cheap shit from around the world paid for with trillions of borrowing. It worked great for a while. Consumers were happy, the elites were happy, corporations were happy.
Does Harbor Freight Tools business model still work?
Does Harbor Freight Tools business model still work?
Posted by: THE CORNER CLUB at April 06, 2025 12:22 PM (GhFyc)
37
The TEA party movement was the electorate being polite. Our political class promptly co-opted the TEA party to their own ends.
President Trump 1.0 was a bit more in your face about DC needing to change. DC managed to corrupt, water down and neuter a lot of what President Trump tried to do.
President Trump 2.0 is the wrecking ball because, after 2 chances for DC to get their act together, we're no longer interested in being nice.
The imposition of tariffs is just another aspect of "we're done asking politely for change."
President Trump 1.0 was a bit more in your face about DC needing to change. DC managed to corrupt, water down and neuter a lot of what President Trump tried to do.
President Trump 2.0 is the wrecking ball because, after 2 chances for DC to get their act together, we're no longer interested in being nice.
The imposition of tariffs is just another aspect of "we're done asking politely for change."
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:23 PM (tT6L1)
38
33 I'm not looking forward to this next week.
Many people including my family are losing a lot of money.
—
I haven’t lost a dime. Know why? Because I haven’t sold anything.
Many people including my family are losing a lot of money.
—
I haven’t lost a dime. Know why? Because I haven’t sold anything.
Posted by: Its Go Time Donald at April 06, 2025 12:23 PM (Jay38)
39
I watched in the 70's as the jobs got exported; wages were a big reason but supply chain unreliability has always been overlooked.
Unions would "wildcat" strike or workers would just not show up and promised goods could not be delivered. Maybe technology will solve that but once everybody stops tariffs there's no bouncing business back to Beijing.
The work-hard-be-frugal-and-prosper ethic doesn't work anywhere anymore.
I watched in the 70's as the jobs got exported; wages were a big reason but supply chain unreliability has always been overlooked.
Unions would "wildcat" strike or workers would just not show up and promised goods could not be delivered. Maybe technology will solve that but once everybody stops tariffs there's no bouncing business back to Beijing.
The work-hard-be-frugal-and-prosper ethic doesn't work anywhere anymore.
Posted by: Auspex at April 06, 2025 12:24 PM (j4U/Z)
40
Lucy Ricardo tried to smuggle a huge block of cheese into USA on return from Europe, disguised as a baby. (1951).
What will you smuggle, CBD, to avoid the tariffs?
Or, are you ever coming back?
What will you smuggle, CBD, to avoid the tariffs?
Or, are you ever coming back?
Posted by: On Topic, For Once at April 06, 2025 12:25 PM (G5+As)
41
Gone are the days of a shared goal: American prosperity and potential.
One side wants freedom. Work hard, innovate, create, save.
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
Posted by: nurse ratched at April 06, 2025 12:14 PM (mT+6a)
I fully agree with Nurse, even though she once called me a ***king asshole once.
A slight insult because I am known as Mister Asshole, thank you very much. 
One side wants freedom. Work hard, innovate, create, save.
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
Posted by: nurse ratched at April 06, 2025 12:14 PM (mT+6a)
I fully agree with Nurse, even though she once called me a ***king asshole once.
A slight insult because I am known as Mister Asshole, thank you very much. Posted by: thatcrazyjerseyguy at April 06, 2025 12:25 PM (dgRL6)
42
I did not expect a commentary involving assless chaps, CBD! But they’re more interesting than widgets…
I don’t know about tariffs and honestly don’t much care. But the fainting couches over the top panic are really ridiculous
My instincts tell me all the right people are squealing so Trump must be onto something good for the country
I don’t know about tariffs and honestly don’t much care. But the fainting couches over the top panic are really ridiculous
My instincts tell me all the right people are squealing so Trump must be onto something good for the country
Posted by: LinusVanPelt at April 06, 2025 12:25 PM (WnEm5)
43
Are we lighting our hair on fire yet?
Yes, President Trump needs to use his bully pulpit to ease the jitters of his voters. But folks need to quit acting like frightened little children, suck it up and put one foot in front of the other. We didn’t get to this point in three months. And we won’t get out of it in three years. It takes work. And patience.
It’s like everyone has ADD.
Yes, President Trump needs to use his bully pulpit to ease the jitters of his voters. But folks need to quit acting like frightened little children, suck it up and put one foot in front of the other. We didn’t get to this point in three months. And we won’t get out of it in three years. It takes work. And patience.
It’s like everyone has ADD.
Posted by: nurse ratched at April 06, 2025 12:26 PM (mT+6a)
44
As of last Friday, the S&P 500 had crashed all the way back to the levels of... March 2024.
Bubbles popping are never pretty, and this was a fairly minor one to pop.
Bubbles popping are never pretty, and this was a fairly minor one to pop.
Posted by: Idaho Spudboy at April 06, 2025 12:26 PM (cnmiW)
45
30 Posted by: Marcus T at April
This. Thank you. And I am not going to say the people in my personal situation aren’t wise in managing it, they have a person who manages both of their portfolios and has done well with it. Also, I am on the periphery, this isn’t my money because I don’t have any 😂. But we discount and brush it off at our own risk. Communication right now is key. It won’t reach J’s mom, but it will reach the J’s of the world.
This. Thank you. And I am not going to say the people in my personal situation aren’t wise in managing it, they have a person who manages both of their portfolios and has done well with it. Also, I am on the periphery, this isn’t my money because I don’t have any 😂. But we discount and brush it off at our own risk. Communication right now is key. It won’t reach J’s mom, but it will reach the J’s of the world.
Posted by: Piper at April 06, 2025 12:26 PM (QzINz)
46
"I want President Trump to give a national address outlining everything I just mentioned in the last paragraph! Truth Social doesn't cut it."
yeah, he should be messaging on all platforms to attain maximum reach.
yeah, he should be messaging on all platforms to attain maximum reach.
Posted by: illiniwek at April 06, 2025 12:27 PM (Cus5s)
47
I swear people’s memories last 3 years these days. Has everyone forgotten March 2020? Stocks crashed 35-40% in a couple of weeks.
And a year later not only was all that made up everyone was up another 20%.
These flash crashes happen. All. The. Time.
I don’t think there’s been a 5 year stretch going back to 1980 where there hasn't been a major crash. Like 15, 20% in a short period of time. And then it just shakes itself off and continues upwards long term.
And a year later not only was all that made up everyone was up another 20%.
These flash crashes happen. All. The. Time.
I don’t think there’s been a 5 year stretch going back to 1980 where there hasn't been a major crash. Like 15, 20% in a short period of time. And then it just shakes itself off and continues upwards long term.
Posted by: Its Go Time Donald at April 06, 2025 12:28 PM (Jay38)
48
The goal of President Trump's tariffs is to drive manufacturing back to America.
This is a strategic point. And critical to our survival as a nation.
This is a strategic point. And critical to our survival as a nation.
Posted by: Diogenes at April 06, 2025 12:28 PM (W/lyH)
49
My favorite trolls over the Insty have been the "on noes market is down my retirement has taken a hit" crap.
Sure, buddy, 40% inflation under the Biden administration didn't affect anyone's retirement, either.
Sure, buddy, 40% inflation under the Biden administration didn't affect anyone's retirement, either.
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:28 PM (tT6L1)
50
What will you smuggle, CBD, to avoid the tariffs?
Or, are you ever coming back?
Posted by: On Topic, For Once at April 06, 2025 12:25 PM (G5+As)
I am an American born and bred, and will live there forever, unless the Jew-hate becomes mainstream. And I don't think that will happen in my lifetime.
And...nothing. Well, maybe some mustard. The Dijon mustard is incredible!
Or, are you ever coming back?
Posted by: On Topic, For Once at April 06, 2025 12:25 PM (G5+As)
I am an American born and bred, and will live there forever, unless the Jew-hate becomes mainstream. And I don't think that will happen in my lifetime.
And...nothing. Well, maybe some mustard. The Dijon mustard is incredible!
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:28 PM (UUa/N)
51
None of this tariff stuff is new. Trump was talking about doing this in his first term. Everyone should have been prepared when he got reelected last November.
Posted by: Mister Scott (Formerly GWS) at April 06, 2025 12:28 PM (e5NfL)
52
fully agree with Nurse, even though she once called me a ***king asshole once. A slight insult because I am known as Mister Asshole, thank you very much.
Posted by: thatcrazyjerseyguy
Jeepers. I don’t remember that, but I can be a bit of an opinionated beach. Sorry.
Posted by: thatcrazyjerseyguy
Jeepers. I don’t remember that, but I can be a bit of an opinionated beach. Sorry.
Posted by: nurse ratched at April 06, 2025 12:29 PM (mT+6a)
53
Trump should explain it? What did he do on Wednesday ?The media is in full on attack mode and the paid instigators are out in force...I wonder what more Trump could say ?
Posted by: It's me donna at April 06, 2025 12:29 PM (VE6XX)
54
I haven’t lost a dime. Know why? Because I haven’t sold anything.
Posted by: Its Go Time Donald at April 06, 2025 12:23 PM (Jay3
Okay, but if your net worth last week was $75M and this week is millions less, you feel that, esp when you have things set up in different areas and live off interest, etc. Selling in a panic isn’t great, obviously, but pretending that isn’t a real loss also isn’t accurate.
I haven’t lost a dime. Know why? Because I haven’t sold anything.
Posted by: Its Go Time Donald at April 06, 2025 12:23 PM (Jay3
Okay, but if your net worth last week was $75M and this week is millions less, you feel that, esp when you have things set up in different areas and live off interest, etc. Selling in a panic isn’t great, obviously, but pretending that isn’t a real loss also isn’t accurate.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
55
the major problem with wishing for greater communication is "How?". The vast majority of mass media is fa-far-left and does its utmost to hide anything that Trump says or does.
We seek out such info, but does Joe six-pack and the rest of the NPC country?
We seek out such info, but does Joe six-pack and the rest of the NPC country?
Posted by: Wingnutt at April 06, 2025 12:30 PM (S0NCa)
56
Workplace regulations from the feds and states have to be addressed, too, not to mention labor law suits brought 'cause of frivolous reasons or greed.
Workplace regulations from the feds and states have to be addressed, too, not to mention labor law suits brought 'cause of frivolous reasons or greed.
Posted by: Auspex at April 06, 2025 12:30 PM (j4U/Z)
57
44 As of last Friday, the S&P 500 had crashed all the way back to the levels of... March 2024
—
But CNN said retirees will be eating dog food and forgoing medication.
—
But CNN said retirees will be eating dog food and forgoing medication.
Posted by: Its Go Time Donald at April 06, 2025 12:30 PM (Jay38)
58
43 Are we lighting our hair on fire yet?
Yes, President Trump needs to use his bully pulpit to ease the jitters of his voters. But folks need to quit acting like frightened little children, suck it up and put one foot in front of the other. We didn’t get to this point in three months. And we won’t get out of it in three years. It takes work. And patience.
It’s like everyone has ADD.
Posted by: nurse ratched at April 06, 2025 12:26 PM (mT+6a)
Amen. It's taken auite a while for us to arrive at this place and it's going to take a while to get better. But if Emannuel Macron is against it, then we're almost certainly on the right track.
Yes, President Trump needs to use his bully pulpit to ease the jitters of his voters. But folks need to quit acting like frightened little children, suck it up and put one foot in front of the other. We didn’t get to this point in three months. And we won’t get out of it in three years. It takes work. And patience.
It’s like everyone has ADD.
Posted by: nurse ratched at April 06, 2025 12:26 PM (mT+6a)
Amen. It's taken auite a while for us to arrive at this place and it's going to take a while to get better. But if Emannuel Macron is against it, then we're almost certainly on the right track.
Posted by: Erik In Texas at April 06, 2025 12:30 PM (LQqtT)
59
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
Posted by: nurse ratched at April 06, 2025 12:14 PM (mT+6a)
--------------
You left out one thing: The people you mention believe we should pay them to run our lives.
Posted by: nurse ratched at April 06, 2025 12:14 PM (mT+6a)
--------------
You left out one thing: The people you mention believe we should pay them to run our lives.
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:31 PM (tT6L1)
60
55 the major problem with wishing for greater communication is "How?". The vast majority of mass media is fa-far-left and does its utmost to hide anything that Trump says or does.
We seek out such info, but does Joe six-pack and the rest of the NPC country?
Posted by: Wingnutt at April 06, 2025 12:30 PM (S0NCa)
My point exactly... Look what they have managed to do to Musk....
We seek out such info, but does Joe six-pack and the rest of the NPC country?
Posted by: Wingnutt at April 06, 2025 12:30 PM (S0NCa)
My point exactly... Look what they have managed to do to Musk....
Posted by: It's me donna at April 06, 2025 12:31 PM (VE6XX)
61
Trump should explain it? What did he do on Wednesday ?
Posted by: It's me donna at April 06, 2025 12:29 PM (VE6XX)
Yes. National addresses every month, constant press conferences keeping America abreast of the latest developments.
He can and should do more.
Posted by: It's me donna at April 06, 2025 12:29 PM (VE6XX)
Yes. National addresses every month, constant press conferences keeping America abreast of the latest developments.
He can and should do more.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:31 PM (UUa/N)
Posted by: Francis at April 06, 2025 12:31 PM (bbuBP)
63
Does Harbor Freight Tools business model still work?
Posted by: THE CORNER CLUB
Just this week, I ordered four LED low profile light fixtures for a motor home. Dirt cheap, but only 2 of the 4 work correctly.
Posted by: THE CORNER CLUB
Just this week, I ordered four LED low profile light fixtures for a motor home. Dirt cheap, but only 2 of the 4 work correctly.
Posted by: Let There Be Light! at April 06, 2025 12:31 PM (G5+As)
64
The way I look at is this. The economy is like the Titanic. If it could turn on a dime, she wouldn't be resting on the bottom of the north Atlantic. I'll be patient and see what happens in the longer term.
Posted by: Old Blue misses Mrs Old Blue at April 06, 2025 12:32 PM (X6YhY)
65
"President Trump 2.0 is the wrecking ball because, after 2 chances for DC to get their act together, we're no longer interested in being nice."
Trump is still "being nice" to radical district court judges. imo, (upon reading what lawyers or others have said) Trump should ignore all district court demands to rehire the radicals and bring back the cartels, or crazy demands to "put back tens of billions in funding for radicals".
In the end, depending on ACB, he may need to ignore the Supremes. But he probably won't.
Trump is still "being nice" to radical district court judges. imo, (upon reading what lawyers or others have said) Trump should ignore all district court demands to rehire the radicals and bring back the cartels, or crazy demands to "put back tens of billions in funding for radicals".
In the end, depending on ACB, he may need to ignore the Supremes. But he probably won't.
Posted by: illiniwek at April 06, 2025 12:33 PM (Cus5s)
66
I'm kind of looking forward to not having crappy cars, arrogant tourists, and crappy food from Europe. Please make it so Obi-Trump Kenobi.
Posted by: Maj. Healey at April 06, 2025 12:33 PM (/U5Yz)
67
Yes. National addresses every month, constant press conferences keeping America abreast of the latest developments.
He can and should do more.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:31 PM (UUa/N)
I guess I see your point but his financial team is already doing that..
He can and should do more.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:31 PM (UUa/N)
I guess I see your point but his financial team is already doing that..
Posted by: It's me donna at April 06, 2025 12:33 PM (VE6XX)
68
CBD: "I want President Trump to give a national address outlining everything I just mentioned in the last paragraph!
Truth Social doesn't cut it."
An excellent take...worthy of this smart military blog.
CBD: "I want President Trump to give a national address outlining everything I just mentioned in the last paragraph!
Truth Social doesn't cut it."
An excellent take...worthy of this smart military blog.
Posted by: Giles Overreach at April 06, 2025 12:34 PM (MDvLA)
69
I trust Trump more than I do anyone in the media and I sure trust him more than anyone in the Donks party. The fact is this country is in bad debt and something has to be done. We can't go on like this. Seems like Trump is the only one who gives a damn.
Posted by: Case at April 06, 2025 12:34 PM (OrSPY)
70
Okay, but if your net worth last week was $75M and this week is millions less, you feel that, esp when you have things set up in different areas and live off interest, etc. Selling in a panic isn’t great, obviously, but pretending that isn’t a real loss also isn’t accurate.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
I’ve been investing since I was 22-23 right after college. That’s was 25 years ago. I have never sold a dime during a panic. And I’ve never lost money either.
I honestly don’t care what happened last week. I won’t need this money for at least another 5-7 years.m when I plan to retire. Which means in 4-5 years I’ll start restructuring my investments into less risky instruments. Until then, short term means nothing to me.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
I’ve been investing since I was 22-23 right after college. That’s was 25 years ago. I have never sold a dime during a panic. And I’ve never lost money either.
I honestly don’t care what happened last week. I won’t need this money for at least another 5-7 years.m when I plan to retire. Which means in 4-5 years I’ll start restructuring my investments into less risky instruments. Until then, short term means nothing to me.
Posted by: Its Go Time Donald at April 06, 2025 12:35 PM (Jay38)
71
anyone having problems with the page reloading?
Posted by: olddog in mo at April 06, 2025 12:36 PM (hoCmQ)
Posted by: Maj. Healey at April 06, 2025 12:36 PM (/U5Yz)
73
Teslabot household robots that look like Marilyn Monroe seem promising, too, but I harbor a suspicion that Elon might just be Harcourt Mudd in disguise.
Teslabot household robots that look like Marilyn Monroe seem promising, too, but I harbor a suspicion that Elon might just be Harcourt Mudd in disguise.
Posted by: Auspex at April 06, 2025 12:37 PM (j4U/Z)
74
johnny maga
@_johnnymaga
Lmao. Tim Walz looks like he’s going to cry as Tapper reads the United Auto Workers’ statement in support of Trump’s tariffs.
https://tinyurl.com/2s4c36ht
@_johnnymaga
Lmao. Tim Walz looks like he’s going to cry as Tapper reads the United Auto Workers’ statement in support of Trump’s tariffs.
https://tinyurl.com/2s4c36ht
Posted by: redridinghood at April 06, 2025 12:37 PM (NpAcC)
75
In the past week or so I have noticed a sea change in my socialist leftist friends that had previously been mostly reasonable. Their distaste for Pres. Trump was there but nothing over the top. But this week however, they have absolutely lost their minds. Innuendo, name-calling, and rage have come to their forefronts - no reasoned facts or discussions are put forth by them.
They honestly believe social security, medicare and the Constitution will be removed. When asked for any evidence for this position, they start screaming Nazi and the like.
Astounding and sad.
They honestly believe social security, medicare and the Constitution will be removed. When asked for any evidence for this position, they start screaming Nazi and the like.
Astounding and sad.
Posted by: Tonypete at April 06, 2025 12:38 PM (cYBz/)
76
CBD, pretty good interview with Commerce Secretary Howard Lutnick about the financial goals of the Trump administration:
https://tinyurl.com/3t9avvy5
https://tinyurl.com/3t9avvy5
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:38 PM (tT6L1)
77
Teslabot household robots that look like Marilyn Monroe seem promising, too, but I harbor a suspicion that Elon might just be Harcourt Mudd in disguise.
Don't worry we will protect you from evil cis-men making sexbots
Don't worry we will protect you from evil cis-men making sexbots
Posted by: Free, libertarian, sex positive Europe at April 06, 2025 12:38 PM (t0Rmr)
78
They honestly believe social security, medicare and the Constitution will be removed. When asked for any evidence for this position, they start screaming Nazi and the like.
Astounding and sad.
Posted by: Tonypete at April 06, 2025 12:38 PM (cYBz/)
It's getting scary.... By the way, how's your new Grandbaby doing ?
Astounding and sad.
Posted by: Tonypete at April 06, 2025 12:38 PM (cYBz/)
It's getting scary.... By the way, how's your new Grandbaby doing ?
Posted by: It's me donna at April 06, 2025 12:39 PM (VE6XX)
79
Okay, but if your net worth last week was $75M and this week is millions less, you feel that, esp when you have things set up in different areas and live off interest, etc. Selling in a panic isn’t great, obviously, but pretending that isn’t a real loss also isn’t accurate.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
Honestly I’ll lose exactly zero sleep over $75 million dollar man. So now he’s worth $70M instead of 75? Boo hoo…. The nations economic policy should cater to the broad middle and not $75M dollar man
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
Honestly I’ll lose exactly zero sleep over $75 million dollar man. So now he’s worth $70M instead of 75? Boo hoo…. The nations economic policy should cater to the broad middle and not $75M dollar man
Posted by: LinusVanPelt at April 06, 2025 12:39 PM (6RwsA)
80
I think we were headed for big trouble one way or another, economically speaking. Trump is willing, it seems, to rip some bandaids off and start stitching (pardon the poor metaphor).
If your month-to-month budget has significant stock market exposure, you are already at-risk due to an almost uncountable number of unpredictable causes of significant and immediate stock price decline.
The left would be fine with "Don't let that big, bad, old stock market mistreat you. Let the fed.gov take over your portfolio and guarantee you steady income." That is a real concern.
(To AOP's idea in the previous thread. All which I could have typed faster with a foot-pedal shift key - even my wife, who I have seen type 135 wpm likes the idea.)
If your month-to-month budget has significant stock market exposure, you are already at-risk due to an almost uncountable number of unpredictable causes of significant and immediate stock price decline.
The left would be fine with "Don't let that big, bad, old stock market mistreat you. Let the fed.gov take over your portfolio and guarantee you steady income." That is a real concern.
(To AOP's idea in the previous thread. All which I could have typed faster with a foot-pedal shift key - even my wife, who I have seen type 135 wpm likes the idea.)
Posted by: Don in SoCo at April 06, 2025 12:39 PM (vd6bO)
81
They honestly believe social security, medicare and the Constitution will be removed. When asked for any evidence for this position, they start screaming Nazi and the like.
And in a month when the only thing happened was illegals were kicked off the rolls, they'll tell you no one ever thought Trump was going to steal their SS - but taking it away from illegals is a violation of human rights.
They honestly believe social security, medicare and the Constitution will be removed. When asked for any evidence for this position, they start screaming Nazi and the like.
And in a month when the only thing happened was illegals were kicked off the rolls, they'll tell you no one ever thought Trump was going to steal their SS - but taking it away from illegals is a violation of human rights.
Posted by: 18-1 at April 06, 2025 12:40 PM (t0Rmr)
82
Tonypete that would make my heart warm to see that
Posted by: Skip at April 06, 2025 12:40 PM (ypFCm)
83
I see trade analogous to college. Up until 5ish years ago what was the conventional wisdom? Everyone has to go to college. That was just what you did. Questioning it was seen as being Anti-EduCaTiOn.
Nobody asked is college really the answer for everyone? Is it worth the money? Are there better options for people working in trades? That was not allowed.
Same with trade. The conventional wisdom has been trade is good. Period. Anyone who questions it is a crazy person.
Well turns out college isn’t for everyone after all. And trade at all costs is a stupid idea.
But there are people invested in both the college industrial complex and the free trade system that will scream the loudest to keep the old system in place.
Nobody asked is college really the answer for everyone? Is it worth the money? Are there better options for people working in trades? That was not allowed.
Same with trade. The conventional wisdom has been trade is good. Period. Anyone who questions it is a crazy person.
Well turns out college isn’t for everyone after all. And trade at all costs is a stupid idea.
But there are people invested in both the college industrial complex and the free trade system that will scream the loudest to keep the old system in place.
Posted by: Its Go Time Donald at April 06, 2025 12:40 PM (Jay38)
84
Targeted tariffs whose goal is to eliminate tariffs in other countries can make sense. The problem is that entire manufacturing sectors in the US will become dependent on them and come to expect them. Hello, auto and steel manufacturers. For that reason, once imposed, tariffs are VERY difficult to get rid of.
Trump's tariffs are long overdue when other countries abuse the privilege of trading with us, but I hope he has a plan to get rid of them once he's successful in lowering tariffs with other countries.
Trump's tariffs are long overdue when other countries abuse the privilege of trading with us, but I hope he has a plan to get rid of them once he's successful in lowering tariffs with other countries.
Posted by: Archimedes at April 06, 2025 12:40 PM (xCA6C)
85
Tonypete,
Seattle has gone full fascist as well. The TDS is off the charts. It is very entertaining, but I have to remind myself that there are more of me than there are of them.
Plus, I have guns and ammo.
Seattle has gone full fascist as well. The TDS is off the charts. It is very entertaining, but I have to remind myself that there are more of me than there are of them.
Plus, I have guns and ammo.
Posted by: nurse ratched at April 06, 2025 12:41 PM (mT+6a)
86
If your month-to-month budget has significant stock market exposure, you are already at-risk due to an almost uncountable number of unpredictable causes of significant and immediate stock price decline.
During Trump's first term the left told me that only rich people owned stock and we shouldn't be trying to help them out.
Of course over the last 4 years they became the rich by looting the treasury so I guess I can understand why their perspective changed.
During Trump's first term the left told me that only rich people owned stock and we shouldn't be trying to help them out.
Of course over the last 4 years they became the rich by looting the treasury so I guess I can understand why their perspective changed.
Posted by: 18-1 at April 06, 2025 12:41 PM (t0Rmr)
87
Jeepers. I don’t remember that, but I can be a bit of an opinionated beach. Sorry.
Posted by: nurse ratched at April 06, 2025 12:29 PM (mT+6a)
LOL!! No problem. We all have our moments. Hell, my Magyar DNA rears it's head every so often as well. Hope all is well on your end. Raining out here. Again. 
Posted by: nurse ratched at April 06, 2025 12:29 PM (mT+6a)
LOL!! No problem. We all have our moments. Hell, my Magyar DNA rears it's head every so often as well.
Hope all is well on your end. Raining out here. Again. Posted by: thatcrazyjerseyguy at April 06, 2025 12:41 PM (dgRL6)
88
Elon Musk
@elonmusk
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
@elonmusk
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
Posted by: redridinghood at April 06, 2025 12:42 PM (NpAcC)
89
Every Republican president has supposedly had devious plans to destroy SS. And weirdly those plans never materialize. It’s almost as if the left lies.
Posted by: Its Go Time Donald at April 06, 2025 12:42 PM (Jay38)
90
Seattle has gone full fascist as well. The TDS is off the charts. It is very entertaining, but I have to remind myself that there are more of me than there are of them.
Plus, I have guns and ammo.
Posted by: nurse ratched at April 06, 2025 12:41 PM (mT+6a)
It's nutty here in my little blue part of NorCal.. They managed thousands for the Insurrection, I mean protest yesterday...
Plus, I have guns and ammo.
Posted by: nurse ratched at April 06, 2025 12:41 PM (mT+6a)
It's nutty here in my little blue part of NorCal.. They managed thousands for the Insurrection, I mean protest yesterday...
Posted by: It's me donna at April 06, 2025 12:43 PM (VE6XX)
91
Harbor Freight isn't the only one. Academy sports stores are mostly M-I-C, just like Tractor Supply, Cavenders, Boot Barn, etc. etc, You want to wear cowboy-type clothing? Almost entirely made in China, from the belt buckle to the boots. Anyway, many, many of the big chains are operating on a made in China basis. I've got an extensive bunch of battery-powered tools from Home Depot, all of it made in China. If I could buy made in USA, I would. I check every single thing I buy for country of origin. Most everything I've bought over the past several years is made in China or Mexico, even my pick up. Made in USA might not mean "better...." but at least it's not directly helping the Chinese Navy. Oh well.
Posted by: Erik In Texas at April 06, 2025 12:43 PM (LQqtT)
92
Trump is still "being nice" to radical district court judges. imo, (upon reading what lawyers or others have said) Trump should ignore all district court demands to rehire the radicals and bring back the cartels, or crazy demands to "put back tens of billions in funding for radicals".
In the end, depending on ACB, he may need to ignore the Supremes. But he probably won't.
Posted by: illiniwek at April 06, 2025 12:33 PM (Cus5s)
-----------
The judiciary is trying to create a predicate to impeach and convict, I believe. Roberts is probably trying to decide if he wants to slap the courts down or, let things play out in the hopes President Trump is removed from office.
In the end, depending on ACB, he may need to ignore the Supremes. But he probably won't.
Posted by: illiniwek at April 06, 2025 12:33 PM (Cus5s)
-----------
The judiciary is trying to create a predicate to impeach and convict, I believe. Roberts is probably trying to decide if he wants to slap the courts down or, let things play out in the hopes President Trump is removed from office.
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:43 PM (tT6L1)
93
He had to read the paper he was given to understand the sign he was holding 🤦♂️
Much, if not most, of leftist protestors are paid. But there is no requirement to understand what you are paid to protest just that you stand their with a pre-printed sign.
Much, if not most, of leftist protestors are paid. But there is no requirement to understand what you are paid to protest just that you stand their with a pre-printed sign.
Posted by: 18-1 at April 06, 2025 12:44 PM (t0Rmr)
94
The judiciary is trying to create a predicate to impeach and convict, I believe. Roberts is probably trying to decide if he wants to slap the courts down or, let things play out in the hopes President Trump is removed from office.
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:43 PM (tT6L
Hello President Vance
The judiciary is trying to create a predicate to impeach and convict, I believe. Roberts is probably trying to decide if he wants to slap the courts down or, let things play out in the hopes President Trump is removed from office.
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:43 PM (tT6L
Hello President Vance
Posted by: It's me donna at April 06, 2025 12:45 PM (VE6XX)
Posted by: Carla Monoxide at April 06, 2025 12:45 PM (AW10/)
96
I only buy German made assless chaps.
Posted by: Its Go Time Donald at April 06, 2025 12:46 PM (Jay38)
97
Irrational exuberance currently seen in markets is all fake. speculators, cheats are the ones who are crying. I think no matter how many times they explained it (and they did) people are not interested, and rather go with soundbites. Casual observer does not say Hey, Let's look at 10 year bond yields! Casual observer says, OMG look at aftermarket trading! Buy gold coins!
Posted by: first time commenter at April 06, 2025 12:47 PM (9pFgx)
Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight, Concertina Czar at April 06, 2025 12:47 PM (6K6Eu)
99
/off
Posted by: runner at April 06, 2025 12:47 PM (9pFgx)
100
Do you know what non ass-less chaps are called? Pants. ALL chaps are ass-less by design. The more you know
Posted by: Stacy0311 at April 06, 2025 12:47 PM (MlJo7)
101
The world of high finance is rarified
Now the sum of globalist fears has been verified
They're shaking in their boots
"This is worse than Hawley-Smoots!"
For the first time in years they're really tariff-ied!
The world of high finance is rarified
Now the sum of globalist fears has been verified
They're shaking in their boots
"This is worse than Hawley-Smoots!"
For the first time in years they're really tariff-ied!
Posted by: muldoon at April 06, 2025 12:47 PM (/iMjX)
102
Elon Musk
@elonmusk
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
Posted by: redridinghood at April 06, 2025 12:42 PM (NpAcC)
-
Yup. That dumb.
Sheep are more intelligent.
@elonmusk
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
Posted by: redridinghood at April 06, 2025 12:42 PM (NpAcC)
-
Yup. That dumb.
Sheep are more intelligent.
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 06, 2025 12:48 PM (n+K6/)
103
Pull my finger.
Posted by: The Invisible Hand at April 06, 2025 12:48 PM (jc0TO)
104
But folks need to quit acting like frightened little children, suck it up and put one foot in front of the other. We didn’t get to this point in three months. And we won’t get out of it in three years. It takes work. And patience.
Hello? Have you met us?
Hello? Have you met us?
Posted by: The average American voter at April 06, 2025 12:48 PM (xCA6C)
105
Hello President Vance
Posted by: It's me donna at April 06, 2025 12:45 PM (VE6XX)
---------------
Hey, not like these people can think beyond their TDS. But, I can also see Vance getting run out of office and if the House flips, Hakeem Jeffries becoming next in line.
The people in DC are nuts. They'd rather have someone like Jeffries in the White House than anything associated with President Trump.
Posted by: It's me donna at April 06, 2025 12:45 PM (VE6XX)
---------------
Hey, not like these people can think beyond their TDS. But, I can also see Vance getting run out of office and if the House flips, Hakeem Jeffries becoming next in line.
The people in DC are nuts. They'd rather have someone like Jeffries in the White House than anything associated with President Trump.
Posted by: blake - semi lurker in marginal standing (tT6L1) at April 06, 2025 12:48 PM (tT6L1)
106
Normal people know that you don't invest for a day, or a week, or a month, unless you are a speculator. You invest for a long term horizon.
Posted by: runner at April 06, 2025 12:49 PM (9pFgx)
Posted by: Archimedes at April 06, 2025 12:50 PM (xCA6C)
108
Do you know what non ass-less chaps are called? Pants. ALL chaps are ass-less by design. The more you know
Posted by: Stacy0311 at April 06, 2025 12:47 PM
Why the modifier, one might ask? Is it because someone doesn't know what chaps are? Or is it to indicate chaps with no pants underneath? It's a meme here.
Posted by: Stacy0311 at April 06, 2025 12:47 PM
Why the modifier, one might ask? Is it because someone doesn't know what chaps are? Or is it to indicate chaps with no pants underneath? It's a meme here.
Posted by: Grump928(C) at April 06, 2025 12:50 PM (jc0TO)
109
79
Honestly I’ll lose exactly zero sleep over $75 million dollar man. So now he’s worth $70M instead of 75? Boo hoo…. The nations economic policy should cater to the broad middle and not $75M dollar man
Posted by: LinusVanPelt at April
It’s those men / women who build business and employ people here though, so I see both sides of this coin. I want everyone to earn as much as possible, and I do believe strongly bringing business back onshore really is a key part of this. We need those with money to help make it happen.
I am not saying tariffs are bad. I don’t know if they are, and the left is out there protesting things that aren’t even happening. They can’t even articulate what they are mad at, it’s dumb. But we can’t lose our majority and we have to remember people aren’t always like you and me- reading facts, getting other’s opinions from those we trust. We can’t just go ostrich while saying everyone else is an idiot.
Honestly I’ll lose exactly zero sleep over $75 million dollar man. So now he’s worth $70M instead of 75? Boo hoo…. The nations economic policy should cater to the broad middle and not $75M dollar man
Posted by: LinusVanPelt at April
It’s those men / women who build business and employ people here though, so I see both sides of this coin. I want everyone to earn as much as possible, and I do believe strongly bringing business back onshore really is a key part of this. We need those with money to help make it happen.
I am not saying tariffs are bad. I don’t know if they are, and the left is out there protesting things that aren’t even happening. They can’t even articulate what they are mad at, it’s dumb. But we can’t lose our majority and we have to remember people aren’t always like you and me- reading facts, getting other’s opinions from those we trust. We can’t just go ostrich while saying everyone else is an idiot.
Posted by: Piper at April 06, 2025 12:51 PM (pZEOD)
110
Ennui status?
[X] Filled with
[ ] Not filled with
Posted by: Archimedes at April 06, 2025 12:50 PM (xCA6C)
----------
I'm bored with ennui.
[X] Filled with
[ ] Not filled with
Posted by: Archimedes at April 06, 2025 12:50 PM (xCA6C)
----------
I'm bored with ennui.
Posted by: Captain Obvious, Laird o' the Sea, Radioactive Knight, Concertina Czar at April 06, 2025 12:52 PM (6K6Eu)
111
Assless chaps were my third guess behind diapers or a catheter for Cory Booker's historic pee-less 24 profile in courage.
Assless chaps were my third guess behind diapers or a catheter for Cory Booker's historic pee-less 24 profile in courage.
Posted by: Auspex at April 06, 2025 12:52 PM (j4U/Z)
112
Well, Portland had a huge anti-Trump demonstration yesterday.
99.9% white.
A photographer for a blog (who supported the protest) posted a bunch of pictures from the protest, and was obviously so embarrassed by this that he posted one obviously posed picture with a biracial kid.
Portland is normally obsessed with race, and normally anything 99.9% white would be denounced in the name of "equity", but not this, for some reason.
99.9% white.
A photographer for a blog (who supported the protest) posted a bunch of pictures from the protest, and was obviously so embarrassed by this that he posted one obviously posed picture with a biracial kid.
Portland is normally obsessed with race, and normally anything 99.9% white would be denounced in the name of "equity", but not this, for some reason.
Posted by: The ARC of History! at April 06, 2025 12:52 PM (xTIDn)
Posted by: Henri, le Chat Noir at April 06, 2025 12:53 PM (jc0TO)
114
I do not think that a tariff floor of 10% for any country is an issue. If nothing else it may help pay for the customs inspection which every country does and should have. Not that they don't or may not have other means to pay for the inspections. It is just that 10% is petty.
Vietnam has suggested Zero... Trump should suggest that 10% is fair for both countries as nominal to cover costs.
Setting the "reciprocal" tariffs at about half what other countries is underwhelming if intended to truly be "reciprocal". I think the effects are two-fold -
- Shock to the country that had effectively ZERO tariffs on their import here.
- Detractors get to set their hair fire due to the sudden harsh rise and the obvious counter is, "Oh, 25% no good, so you think that 50% would be more fair?" "No?" But, that is what they charge us... Anyone who objects is exposed as anti-American, stupid, or both.
Vietnam has suggested Zero... Trump should suggest that 10% is fair for both countries as nominal to cover costs.
Setting the "reciprocal" tariffs at about half what other countries is underwhelming if intended to truly be "reciprocal". I think the effects are two-fold -
- Shock to the country that had effectively ZERO tariffs on their import here.
- Detractors get to set their hair fire due to the sudden harsh rise and the obvious counter is, "Oh, 25% no good, so you think that 50% would be more fair?" "No?" But, that is what they charge us... Anyone who objects is exposed as anti-American, stupid, or both.
Posted by: Itinerant Alley Butcher at April 06, 2025 12:53 PM (/lPRQ)
115
Normal people know that you don't invest for a day, or a week, or a month, unless you are a speculator. You invest for a long term horizon.
Posted by: runner at April 06, 2025 12:49 PM (9pFgx)
But CNBC says I’m ruined!!
- average American
Posted by: runner at April 06, 2025 12:49 PM (9pFgx)
But CNBC says I’m ruined!!
- average American
Posted by: Its Go Time Donald at April 06, 2025 12:54 PM (Jay38)
116
It's a package of things. Tariffs, to normalized trade and step on the deficit, pending tax cuts for Main Street. I think those who want to understand do. those who want to complain will not be satisfied , even if things are rosy.
Posted by: runner at April 06, 2025 12:54 PM (9pFgx)
117
Once Upon A Time, there was a belief that if we imported the rest of the world's stuff, they'd import our values - like impartial contract law and individual rights.
So much for that dream
Let's try something/anything that benefits us.
So much for that dream
Let's try something/anything that benefits us.
Posted by: 2009Refugee at April 06, 2025 12:54 PM (X6AM8)
118
A public address on tariffs will further conflate them with the market, which the media is doing anyway. But the market, especially tech, has been roiled by China's AI announcement and the terrorist tanking of Tesla.
Posted by: Field Marshal Zhukov at April 06, 2025 12:56 PM (wBaIH)
119
In 2010 we lost everything.. Our home, Business and had to sell what stock we had... Thanks Obama...I see why some are panicking...I blame the Dems and the media for the hysteria... Not sure Trump can fix that...
Posted by: It's me donna at April 06, 2025 12:56 PM (VE6XX)
120
It’s those men / women who build business and employ people here though
—
Come on man!! Can we please put away the 2003 talking points about muhJobCreators?
You know who creates jobs? It’s not the guy with $75M in the market. It’s the guy who borrowed $100k from the bank to start a plumbing company.
—
Come on man!! Can we please put away the 2003 talking points about muhJobCreators?
You know who creates jobs? It’s not the guy with $75M in the market. It’s the guy who borrowed $100k from the bank to start a plumbing company.
Posted by: Its Go Time Donald at April 06, 2025 12:56 PM (Jay38)
121
there was a belief that if we imported the rest of the world's stuff, they'd import our values
==
That was the BS they were selling to the man on the street. In reality they were looking for markets to unload stuff and make crazy money. NTTIAWWT!
==
That was the BS they were selling to the man on the street. In reality they were looking for markets to unload stuff and make crazy money. NTTIAWWT!
Posted by: runner at April 06, 2025 12:56 PM (9pFgx)
122
It's nutty here in my little blue part of NorCal.. They managed thousands for the Insurrection, I mean protest yesterday...
Posted by: It's me donna
Ha! The 4 o’clock local news said there were “hundreds” protesting at the Seattle center. By the 6 o’clock report, it had magically increased to “thousands.” Seattle has a shitton of Teslas out on the roads, driven by rich, white liberals. It has been fun to watch the virtue signalers try to explain their way out of it.
Posted by: It's me donna
Ha! The 4 o’clock local news said there were “hundreds” protesting at the Seattle center. By the 6 o’clock report, it had magically increased to “thousands.” Seattle has a shitton of Teslas out on the roads, driven by rich, white liberals. It has been fun to watch the virtue signalers try to explain their way out of it.
Posted by: nurse ratched at April 06, 2025 12:57 PM (mT+6a)
123
> Normal people know that you don't invest for a day, or a week, or a month, unless you are a speculator. You invest for a long term horizon.
Posted by: runner
-------
This. I've been "in the markets" since the late 70's. My portfolio hasn't changed dramatically, other than to diversify a bit. I still have both Boeing and Disney as they're not going anywhere, despite how rabidly some wish they would. Same for pharma. Or Blackrock. Or...
Posted by: runner
-------
This. I've been "in the markets" since the late 70's. My portfolio hasn't changed dramatically, other than to diversify a bit. I still have both Boeing and Disney as they're not going anywhere, despite how rabidly some wish they would. Same for pharma. Or Blackrock. Or...
Posted by: Martini Farmer at April 06, 2025 12:57 PM (Q4IgG)
124
*just don't lie to me and tell me it's for Democracy and values
Posted by: runner at April 06, 2025 12:57 PM (9pFgx)
125
DataRepublican has some thoughts on what Open Trade promised, and what it delivered
"[O]ne-way free trade functions economically in the same way open borders do. Yes, both hollow out the domestic working class: manufacturing jobs vanish just as illegal immigration erodes wages and job availability. But in return, cheap goods and services flood in, lowering consumer prices.
"These lower prices become the mechanism by which a different kind of economy is built, one optimized for high-level abstraction. Think: professional services, finance, tech, and elite-tier automated manufacturing. The bet is that the U.S. can climb the value chain while letting lower-tier production happen elsewhere.
"Tariffs imposed by other countries aren't seen as a threat. In fact, they're framed as "shooting themselves in their foot." Because, these countries are anchoring themselves to low-margin industries, while the U.S. orients toward capital-intensive, post-industrial domains.
"This is why globalists aggressively defend the current trade regime. We keep our markets open, even when others don't, because that asymmetry accelerates the shift to a high-abstraction economy."
The cost is real[ . . . ]
"[O]ne-way free trade functions economically in the same way open borders do. Yes, both hollow out the domestic working class: manufacturing jobs vanish just as illegal immigration erodes wages and job availability. But in return, cheap goods and services flood in, lowering consumer prices.
"These lower prices become the mechanism by which a different kind of economy is built, one optimized for high-level abstraction. Think: professional services, finance, tech, and elite-tier automated manufacturing. The bet is that the U.S. can climb the value chain while letting lower-tier production happen elsewhere.
"Tariffs imposed by other countries aren't seen as a threat. In fact, they're framed as "shooting themselves in their foot." Because, these countries are anchoring themselves to low-margin industries, while the U.S. orients toward capital-intensive, post-industrial domains.
"This is why globalists aggressively defend the current trade regime. We keep our markets open, even when others don't, because that asymmetry accelerates the shift to a high-abstraction economy."
The cost is real[ . . . ]
Posted by: Kindltot at April 06, 2025 12:58 PM (D7oie)
126
Good. I want more tariffs on anybody and everybody. We are the Big Boss and the rest of the world are shitheads living in shitholes and they can pay or they can go eat a Bag O' Dicks, with the Bag O' Dicks being made right here in America.
Posted by: Fuck The World at April 06, 2025 12:58 PM (R/m4+)
127
protesting at the Seattle center. By the 6 o’clock report, it had magically increased to “thousands.”
-
Given metro Seattle has several million people, even “thousands” is not a lot.
-
Given metro Seattle has several million people, even “thousands” is not a lot.
Posted by: Its Go Time Donald at April 06, 2025 12:59 PM (Jay38)
128
Why the modifier, one might ask? Is it because someone doesn't know what chaps are? Or is it to indicate chaps with no pants underneath? It's a meme here.
Posted by: Grump928(C)
There's a certain ass-less actress who gets bad press here, along with most Asian women.
Posted by: Grump928(C)
There's a certain ass-less actress who gets bad press here, along with most Asian women.
Posted by: Bootieful Dreamer at April 06, 2025 12:59 PM (G5+As)
129
But there is no requirement to understand what you are paid to protest just that you stand their with a pre-printed sign.
Posted by: 18-1 at April 06, 2025 12:44 PM (t0Rmr)
***********
"Ignorance is Bliss," he smiled - a limerick
A guy that I know's a real nutter
He posts protest signs out by the gutter
One sign is pretty snarky
It says "I hate oligarchy!"
(He thinks it's a substitute butter)
Posted by: 18-1 at April 06, 2025 12:44 PM (t0Rmr)
***********
"Ignorance is Bliss," he smiled - a limerick
A guy that I know's a real nutter
He posts protest signs out by the gutter
One sign is pretty snarky
It says "I hate oligarchy!"
(He thinks it's a substitute butter)
Posted by: muldoon at April 06, 2025 01:01 PM (/iMjX)
130
We definitely need a change at the Supreme Court, it's to close that could easy start to become 4 -5. The Cultural Marxists won't change
Posted by: Skip at April 06, 2025 01:01 PM (ypFCm)
131
"[O]ne-way free trade functions economically in the same way open borders do. Yes, both hollow out the domestic working class: manufacturing jobs vanish just as illegal immigration erodes wages and job availability. But in return, cheap goods and services flood in, lowering consumer prices.
The simpler way to look at this is the leftists profit.
The Oligarchs make money off of arbitrage, early access to inflated capital, and cheap labor.
The governing class gets to administrate all of this, and the welfare given to the illegals coming in, and then jump to NGOs that pay them to do nothing...not even the paper pushing they did when working for the government. And they harvest the votes of the illegals and the dependent class
The dependent class then gets welfare. Sure their grandparents made more money working, but all they've know is welfare and urban squalor.
The simpler way to look at this is the leftists profit.
The Oligarchs make money off of arbitrage, early access to inflated capital, and cheap labor.
The governing class gets to administrate all of this, and the welfare given to the illegals coming in, and then jump to NGOs that pay them to do nothing...not even the paper pushing they did when working for the government. And they harvest the votes of the illegals and the dependent class
The dependent class then gets welfare. Sure their grandparents made more money working, but all they've know is welfare and urban squalor.
Posted by: 18-1 at April 06, 2025 01:02 PM (t0Rmr)
132
Tariffs are a tool.
Trump has been talking about it forever. I trust his intentions and I think he's had time to plan.
And the tears and fears of the usual suspects make me laugh.
Trump has been talking about it forever. I trust his intentions and I think he's had time to plan.
And the tears and fears of the usual suspects make me laugh.
Posted by: vmom deport deport deporte at April 06, 2025 01:03 PM (J5RCE)
133
Law and order needs to be respected again.
Animals need to be caged.
https://tinyurl.com/5c73enja
Animals need to be caged.
https://tinyurl.com/5c73enja
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 06, 2025 01:03 PM (DESnA)
134
Say yes to elastic demand! I demand elastic in my assless chaps!
Posted by: Don, the Rebel without a Blog at April 06, 2025 01:03 PM (yEjNf)
135
Pull my finger.
Posted by: The Invisible Hand
OK, that's funny right there. And kind of insightful if you think about it for a second.
Posted by: The Invisible Hand
OK, that's funny right there. And kind of insightful if you think about it for a second.
Posted by: Oddbob at April 06, 2025 01:04 PM (JqWe/)
136
Australian 'external territory' penguins and USAF/USN bases hardest hit.
Diego Garcia remains the only inhabited island of the BIOT, with its population consisting of military personnel and contractors. It is one of two critical U.S. bomber bases in the Indo-Pacific region, alongside Andersen Air Force Base in Guam.[7] It is nicknamed the "Footprint of Freedom" by the US Navy[8] due to its shape and strategic location in the Indian Ocean.[9]
[...]
US President Donald Trump announced a 10% tariff on the island on 2 April 2025.[169]
====
And, no, they're not tax havens or somehow tariff havens but if you believe that, then demand PDT add e.g. Uranus and Mars to the list too. They could be next.
Diego Garcia remains the only inhabited island of the BIOT, with its population consisting of military personnel and contractors. It is one of two critical U.S. bomber bases in the Indo-Pacific region, alongside Andersen Air Force Base in Guam.[7] It is nicknamed the "Footprint of Freedom" by the US Navy[8] due to its shape and strategic location in the Indian Ocean.[9]
[...]
US President Donald Trump announced a 10% tariff on the island on 2 April 2025.[169]
====
And, no, they're not tax havens or somehow tariff havens but if you believe that, then demand PDT add e.g. Uranus and Mars to the list too. They could be next.
Posted by: andycanuck (/tzYP) at April 06, 2025 01:04 PM (/tzYP)
137
Kindltot at April 06, 2025 12:58 PM (D7oie)
-
Good summary.
The inverse is true in EU. They keep production high but incomes are low. Europe has an industrial base still but the common European is poor relative to the average American.
However there are no rust belt towns debated by opeoids in Germany. There’s no Gary, Indiana in Europe. Theres also no Silicon Valley.
That’s the bargain the US made. Make the collective richer at the expense for a sizable minority that is destitute.
-
Good summary.
The inverse is true in EU. They keep production high but incomes are low. Europe has an industrial base still but the common European is poor relative to the average American.
However there are no rust belt towns debated by opeoids in Germany. There’s no Gary, Indiana in Europe. Theres also no Silicon Valley.
That’s the bargain the US made. Make the collective richer at the expense for a sizable minority that is destitute.
Posted by: Its Go Time Donald at April 06, 2025 01:04 PM (Jay38)
138
Well, Portland had a huge anti-Trump demonstration yesterday.
99.9% white.
[ . . . ]
Posted by: The ARC of History! at April 06, 2025 12:52 PM (xTIDn)
The Salem one was about that, and all the protesters I saw, short of the one kid with a Pali flag, had that look of "liberal state workers packing 40 extra lbs nearing retirement", with that flat-footed walk, and completely horrible. They were fortunate they had the Saturday Market to encourage them to all come out, and a nice sunny day for it.
They couldn't hold it at the capital because the grounds are all torn up by unending construction that started in 2018
99.9% white.
[ . . . ]
Posted by: The ARC of History! at April 06, 2025 12:52 PM (xTIDn)
The Salem one was about that, and all the protesters I saw, short of the one kid with a Pali flag, had that look of "liberal state workers packing 40 extra lbs nearing retirement", with that flat-footed walk, and completely horrible. They were fortunate they had the Saturday Market to encourage them to all come out, and a nice sunny day for it.
They couldn't hold it at the capital because the grounds are all torn up by unending construction that started in 2018
Posted by: Kindltot at April 06, 2025 01:04 PM (D7oie)
139
Tariffs are essentially external sales taxes. I think every state has its own sales tax, so this isn't that much different.
It's actually better than a sales tax from a consumer standpoint because you can avoid it just by buying American stuff. French wine tariff too much? Buy domestic. Same for beer, or anything else.
The fearmongers are just there to keep people scared and the elites are losing their access to foreign cash, which they hate. That's why they've all reversed themselves from what they said years ago. I hope their funders saved the receipts.
It's actually better than a sales tax from a consumer standpoint because you can avoid it just by buying American stuff. French wine tariff too much? Buy domestic. Same for beer, or anything else.
The fearmongers are just there to keep people scared and the elites are losing their access to foreign cash, which they hate. That's why they've all reversed themselves from what they said years ago. I hope their funders saved the receipts.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:04 PM (ZOv7s)
140
but the common European is poor relative to the average American.
The EU intentionally reduces competitiveness - there are laws against some kinds of overtime for example...and the VAT gives them a real tax burden more then twice ours.
The EU intentionally reduces competitiveness - there are laws against some kinds of overtime for example...and the VAT gives them a real tax burden more then twice ours.
Posted by: 18-1 at April 06, 2025 01:05 PM (t0Rmr)
141
They honestly believe social security, medicare and the Constitution will be removed. When asked for any evidence for this position, they start screaming Nazi and the like.
Astounding and sad.
Posted by: Tonypete at April 06, 2025 12:38 PM (cYBz/)
I've noted one thing:
"Trump's Tariffs" not "US Tariffs"
Trump ignores federal courts" not "DOJ objects to federal judge's ruling"
Trump immigration policies" not "US policies"
A big part of the problem is that the MSM is viscerally and viciously separating "Trump" from "US" and his administration from "national" policy. Essentially, the MSM is presenting the controversial issues as a personal attack on the world and the nation by "Donald Trump" and not as policy duly based on established law, precedent, judicial, and congressional endorsement.
That's the TRUE INSURRECTION and it must stop.
Astounding and sad.
Posted by: Tonypete at April 06, 2025 12:38 PM (cYBz/)
I've noted one thing:
"Trump's Tariffs" not "US Tariffs"
Trump ignores federal courts" not "DOJ objects to federal judge's ruling"
Trump immigration policies" not "US policies"
A big part of the problem is that the MSM is viscerally and viciously separating "Trump" from "US" and his administration from "national" policy. Essentially, the MSM is presenting the controversial issues as a personal attack on the world and the nation by "Donald Trump" and not as policy duly based on established law, precedent, judicial, and congressional endorsement.
That's the TRUE INSURRECTION and it must stop.
Posted by: mrp at April 06, 2025 01:06 PM (rj6Yv)
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 06, 2025 01:06 PM (DESnA)
143
I did two limericks. Now I'm di-verse-ified!
Posted by: muldoon at April 06, 2025 01:07 PM (/iMjX)
144
If 4 years of Biden and his gang of degenerates was not kakistocracy, then nothing is.
Posted by: Angzarr the Cromulent at April 06, 2025 01:07 PM (XMwZJ)
145
By the way, how's your new Grandbaby doing ?
Posted by: It's me donna
Donna, thanks for asking! He's putting the weight on and doing pretty well. Still has a feeding tube but is starting to try to suck on a pacifier. We are heading down to Dallas to help out with him this week sometime. The NCIU staff is allowing him to be held for some periods - we are so looking forward to that.
Posted by: It's me donna
Donna, thanks for asking! He's putting the weight on and doing pretty well. Still has a feeding tube but is starting to try to suck on a pacifier. We are heading down to Dallas to help out with him this week sometime. The NCIU staff is allowing him to be held for some periods - we are so looking forward to that.
Posted by: Tonypete at April 06, 2025 01:07 PM (cYBz/)
146
All this against the backdrop of England, France, and GERMANY, sending troops to fight in Ukraine...
Because Germans and French fighting Russians, will not deepen any fears Russia has.
Oh, and the MSM flat out calling Ukraine a NATO Ally... which is a flat out deception.
Because Germans and French fighting Russians, will not deepen any fears Russia has.
Oh, and the MSM flat out calling Ukraine a NATO Ally... which is a flat out deception.
Posted by: Romeo13 at April 06, 2025 01:08 PM (QAkQ3)
147
In 2000 Muslims were rare in the US and all the ones you met were "moderate".
By 2004 I was seeing women in the local big blue shitty wearing burkas and pushing baby carriages.
Posted by: 18-1
GW Bush's response to 9-11 was to bring them here while shoveling trillion$ into their economies while engaging in a few skirmishes as cover on the domestic side.
By 2004 I was seeing women in the local big blue shitty wearing burkas and pushing baby carriages.
Posted by: 18-1
GW Bush's response to 9-11 was to bring them here while shoveling trillion$ into their economies while engaging in a few skirmishes as cover on the domestic side.
Posted by: Itinerant Alley Butcher at April 06, 2025 01:08 PM (/lPRQ)
148
Donna, thanks for asking! He's putting the weight on and doing pretty well. Still has a feeding tube but is starting to try to suck on a pacifier. We are heading down to Dallas to help out with him this week sometime. The NCIU staff is allowing him to be held for some periods - we are so looking forward to that.
Posted by: Tonypete at April 06, 2025 01:07 PM (cYBz/)
So glad to hear it
Posted by: Tonypete at April 06, 2025 01:07 PM (cYBz/)
So glad to hear it
Posted by: It's me donna at April 06, 2025 01:08 PM (VE6XX)
149
It’s those men / women who build business and employ people here though, so I see both sides of this coin. I want everyone to earn as much as possible, and I do believe strongly bringing business back onshore really is a key part of this. We need those with money to help make it happen.
I am not saying tariffs are bad. I don’t know if they are, and the left is out there protesting things that aren’t even happening. They can’t even articulate what they are mad at, it’s dumb.
Posted by: Piper at April 06, 2025 12:51 PM (pZEOD)
Small businesses are not listed on the stock market, nor do those owners have much exposure to stocks either. The Treasury Secretary saying the top 10% own 88% of the market with the next 40% owning 12% with 50% owning nothing is eye opening. This is hurting the elite. The media are part of that elite. Many of us may be, too (even though we don't see ourselves that way). But it has to be done. We can't have a society 36T in debt which can't employ its people in family-supporting industry jobs. We don't have the government money to float folks anymore.
It’s those men / women who build business and employ people here though, so I see both sides of this coin. I want everyone to earn as much as possible, and I do believe strongly bringing business back onshore really is a key part of this. We need those with money to help make it happen.
I am not saying tariffs are bad. I don’t know if they are, and the left is out there protesting things that aren’t even happening. They can’t even articulate what they are mad at, it’s dumb.
Posted by: Piper at April 06, 2025 12:51 PM (pZEOD)
Small businesses are not listed on the stock market, nor do those owners have much exposure to stocks either. The Treasury Secretary saying the top 10% own 88% of the market with the next 40% owning 12% with 50% owning nothing is eye opening. This is hurting the elite. The media are part of that elite. Many of us may be, too (even though we don't see ourselves that way). But it has to be done. We can't have a society 36T in debt which can't employ its people in family-supporting industry jobs. We don't have the government money to float folks anymore.
Posted by: Nova Local at April 06, 2025 01:09 PM (tOcjL)
150
The EU intentionally reduces competitiveness - there are laws against some kinds of overtime for example...and the VAT gives them a real tax burden more then twice ours.
Posted by: 18-1 at April 06, 2025 01:05 PM (t0Rmr)
---
Europe is a highly-developed area, which is why comparisons between standards of living don't quite work. They are surrounded by ancient buildings that are still in use and so their GDP always comes across as lower simply because there isn't much homebuilding left to do. Everything is close together, to cars are less of a necessity and so less have them.
I think it's important to keep that in mind because we are in a very different place as a society.
Posted by: 18-1 at April 06, 2025 01:05 PM (t0Rmr)
---
Europe is a highly-developed area, which is why comparisons between standards of living don't quite work. They are surrounded by ancient buildings that are still in use and so their GDP always comes across as lower simply because there isn't much homebuilding left to do. Everything is close together, to cars are less of a necessity and so less have them.
I think it's important to keep that in mind because we are in a very different place as a society.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:09 PM (ZOv7s)
151
142 Way to go, Idaho!
https://tinyurl.com/4rtpdsrs
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 06, 2025 01:06 PM (DESnA)
Passed unanimously. Wow. Even Democrats voted for it. Gotta say I’m surprised. I guess explicitly voting in favor of pedos is a bridge too far even for some democrats.
https://tinyurl.com/4rtpdsrs
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 06, 2025 01:06 PM (DESnA)
Passed unanimously. Wow. Even Democrats voted for it. Gotta say I’m surprised. I guess explicitly voting in favor of pedos is a bridge too far even for some democrats.
Posted by: Its Go Time Donald at April 06, 2025 01:10 PM (Jay38)
152
Pull my finger.
Posted by: The Invisible Hand
-------
Comments like this are why I frequent this place...well, aside from the insightful posts...and commentary re French cuisine.
Posted by: The Invisible Hand
-------
Comments like this are why I frequent this place...well, aside from the insightful posts...and commentary re French cuisine.
Posted by: Mike Hammer, etc., etc. at April 06, 2025 01:10 PM (XeU6L)
153
I'm miffed that I bought silver last week when spot was 33.98. I had it on Good Authority that the absolute cellar was 30, and now I have to wait until Wednesday to buy again. Maybe. The GSR is over 100, that's nuts.
Posted by: Miley, okravangelist at April 06, 2025 01:11 PM (w6EFb)
154
"I want President Trump to give a national address outlining everything I just mentioned in the last paragraph! Truth Social doesn't cut it."
I can guarantee that if he were to do that we'd have people bitching that he's wasting time on messaging when he should be parachuting into some courtroom somewhere and taking out some terrorist judges.
The Commerce Secretary is out talking about. The Treasury Secretary is out talking about. If you're not hearing it, it's because the message is being suppressed.
I can guarantee that if he were to do that we'd have people bitching that he's wasting time on messaging when he should be parachuting into some courtroom somewhere and taking out some terrorist judges.
The Commerce Secretary is out talking about. The Treasury Secretary is out talking about. If you're not hearing it, it's because the message is being suppressed.
Posted by: I used to have a different nic at April 06, 2025 01:11 PM (ExV1e)
155
For Vietnam 2022, the most recent year I could find:
https://tinyurl.com/bdch3pe6
Tariffs imposed by Vietnam in 2022 are below [across ALL countries]
The maximum rate of tariff in percentage on any product was 135 percent. [No specific list but on e.g. 'Food' -- USA in 90% nations with Asian countries at 135% -- I suspect it's mainly over e.g. rice as an important national food security protection]
The simple average tariff across all products was 3.71 percent.
The trade weighted average tariff was 1.07 percent.
The total duty free imports in thousands of US dollars were 281,024,340.58 and duty free tariff line items share was 59.58 percent.
Top five countries to which Vietnam exported in 2022 are below, along with the percent of total exports that went to that country:
1. Vietnam exports to USA worth US$ 109,460 million, with a partner share of 29.51 percent.
2. to China worth US$ 57,678 million, with a partner share of 15.55 percent.
3. to Korea, Rep. worth US$ 24,265 million, with a partner share of 6.54 percent.
4. to Japan worth US$ 24,228 million, with a partner share of 6.53 percent.
5. to Hong Kong, China worth US$ 10,936 million, with a partner share of 2.
https://tinyurl.com/bdch3pe6
Tariffs imposed by Vietnam in 2022 are below [across ALL countries]
The maximum rate of tariff in percentage on any product was 135 percent. [No specific list but on e.g. 'Food' -- USA in 90% nations with Asian countries at 135% -- I suspect it's mainly over e.g. rice as an important national food security protection]
The simple average tariff across all products was 3.71 percent.
The trade weighted average tariff was 1.07 percent.
The total duty free imports in thousands of US dollars were 281,024,340.58 and duty free tariff line items share was 59.58 percent.
Top five countries to which Vietnam exported in 2022 are below, along with the percent of total exports that went to that country:
1. Vietnam exports to USA worth US$ 109,460 million, with a partner share of 29.51 percent.
2. to China worth US$ 57,678 million, with a partner share of 15.55 percent.
3. to Korea, Rep. worth US$ 24,265 million, with a partner share of 6.54 percent.
4. to Japan worth US$ 24,228 million, with a partner share of 6.53 percent.
5. to Hong Kong, China worth US$ 10,936 million, with a partner share of 2.
Posted by: andycanuck (/tzYP) at April 06, 2025 01:11 PM (/tzYP)
156
Top five countries from which Vietnam imported goods in 2022 are below, along with percent of total imports that came from the country :
1. Vietnam imports from China worth US$ 117,651 million, with a partner share of 32.79 percent.
2. from Korea, Rep. worth US$ 62,051 million, with a partner share of 17.29 percent.
3. from Japan worth US$ 23,312 million, with a partner share of 6.50 percent.
4. from Other Asia, worth US$ 22,615 million, with a partner share of 6.30 percent.
5. from United States worth US$ 14,477 million, with a partner share of 4.04 percent.
You can get a USA-only page but I couldn't find a breakdown of what specific goods or foods [like "Rice 90% tariff] that have any tariffs on them of any type [that apply to all other countries and not just to the USA] and not on the 60% of goods that have no tariffs at all charged to anyone.
1. Vietnam imports from China worth US$ 117,651 million, with a partner share of 32.79 percent.
2. from Korea, Rep. worth US$ 62,051 million, with a partner share of 17.29 percent.
3. from Japan worth US$ 23,312 million, with a partner share of 6.50 percent.
4. from Other Asia, worth US$ 22,615 million, with a partner share of 6.30 percent.
5. from United States worth US$ 14,477 million, with a partner share of 4.04 percent.
You can get a USA-only page but I couldn't find a breakdown of what specific goods or foods [like "Rice 90% tariff] that have any tariffs on them of any type [that apply to all other countries and not just to the USA] and not on the 60% of goods that have no tariffs at all charged to anyone.
Posted by: andycanuck (/tzYP) at April 06, 2025 01:11 PM (/tzYP)
157
If tariffs didn't work, 170 countries wouldn't have them against us.
Posted by: rickb223 at April 06, 2025 01:11 PM (FWMqC)
158
Elon Musk
@elonmusk
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
Posted by: redridinghood at April 06, 2025 12:42 PM (NpAcC)
-
Here's more of the same:
https://tinyurl.com/4nr6j9hf
All the left's astage stooge!
@elonmusk
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
Posted by: redridinghood at April 06, 2025 12:42 PM (NpAcC)
-
Here's more of the same:
https://tinyurl.com/4nr6j9hf
All the left's a
Posted by: Biden's Dog sniffs a whole lotta malarkey, at April 06, 2025 01:12 PM (DESnA)
159
> A big part of the problem is that the MSM is viscerally and viciously separating "Trump" from "US" and his administration from "national" policy. Essentially, the MSM is presenting the controversial issues as a personal attack on the world and the nation by "Donald Trump" and not as policy duly based on established law, precedent, judicial, and congressional endorsement.
----------
Alinsky's "Rules for Radicals" mentions doing just this to your enemy. Among other things the left is currently engaging in. They've declared war. We've yet to acknowledge it.
----------
Alinsky's "Rules for Radicals" mentions doing just this to your enemy. Among other things the left is currently engaging in. They've declared war. We've yet to acknowledge it.
Posted by: Martini Farmer at April 06, 2025 01:13 PM (Q4IgG)
160
The BlackRock Oligarchy and Parasite Class has been invested in America Last, where they made great profits while screwing over Middle Class America on the way to their One World Dictatorship.
We said “No!” in Jesus’ Name!
Our Father will reset our economic system which is tied up in Child Trafficking and Reset it to His Standard to the Glory of God. Fear not!
Psalm 37
A psalm of David.
1 Don’t worry about the wicked
or envy those who do wrong.
2 For like grass, they soon fade away.
Like spring flowers, they soon wither.
3 Trust in the Lord and do good.
Then you will live safely in the land and prosper.
Amen!
We said “No!” in Jesus’ Name!
Our Father will reset our economic system which is tied up in Child Trafficking and Reset it to His Standard to the Glory of God. Fear not!
Psalm 37
A psalm of David.
1 Don’t worry about the wicked
or envy those who do wrong.
2 For like grass, they soon fade away.
Like spring flowers, they soon wither.
3 Trust in the Lord and do good.
Then you will live safely in the land and prosper.
Amen!
Posted by: The Gipper Lives at April 06, 2025 01:13 PM (byKOe)
161
US President Donald Trump announced a 10% tariff on the island on 2 April 2025.[169]
====
And, no, they're not tax havens or somehow tariff havens but if you believe that, then demand PDT add e.g. Uranus and Mars to the list too. They could be next.
Posted by: andycanuck (/tzYP) at April 06, 2025 01:04 PM (/tzYP)
Its a cherry picked stat... EVERYONE will have a base 10% Tariff, UNLESS there is a specific rate put on them... its the base rate.
So, short of the Tariff being raised, OR a specific trade treaty lowering it... 10% is norm.
====
And, no, they're not tax havens or somehow tariff havens but if you believe that, then demand PDT add e.g. Uranus and Mars to the list too. They could be next.
Posted by: andycanuck (/tzYP) at April 06, 2025 01:04 PM (/tzYP)
Its a cherry picked stat... EVERYONE will have a base 10% Tariff, UNLESS there is a specific rate put on them... its the base rate.
So, short of the Tariff being raised, OR a specific trade treaty lowering it... 10% is norm.
Posted by: Romeo13 at April 06, 2025 01:13 PM (QAkQ3)
162
Just completed listening to a few of Peter Zeihan's books -- he's the former international relations guy from Stratfor. He forecasts that with demographic changes and resource availability, China is toast, and toast within this decade. With that, it will have a giant cascading effect on Asian manufacturing, which may make it a necessity to reshore.
The real reason is that the US is facing insolvency, thanks to the Biden retarded economic policy. Tariffs raise government revenues, but they also force dollarization and a reduction in Treasury rates, which is absolutely necessary for us to refinance our debt.
The real reason is that the US is facing insolvency, thanks to the Biden retarded economic policy. Tariffs raise government revenues, but they also force dollarization and a reduction in Treasury rates, which is absolutely necessary for us to refinance our debt.
Posted by: Big Fat Meanie at April 06, 2025 01:14 PM (qwx/I)
163
As of last Friday, the S&P 500 had crashed all the way back to the levels of... March 2024.
So you are saying the economy grew under the Biden Junta and has stagnated under Trump? and the price of eggs has gone up to $4 a dozen?
So you are saying the economy grew under the Biden Junta and has stagnated under Trump? and the price of eggs has gone up to $4 a dozen?
Posted by: Itinerant Alley Butcher at April 06, 2025 01:14 PM (/lPRQ)
164
But what does Tay Tay think?
Posted by: Your neighborhood AWFL at April 06, 2025 01:15 PM (dg+HA)
165
I also hate the """Conservatives""" saying tariffs are inflationary. No, they are not. They are a tax. Taxes are not inflationary, that actually constrict economic growth. Inflation is exclusively monetary.
Commodities also do not cause inflation. They can cause price rises due to materials costs rising, but that is not inflation. As prices rise, demand falls and if it's a major commodity like oil, you can get a recession.
I have to say I've learned a lot about fake conservatives thanks to Trump, and also how many economists are full of crap and don't even know who markets and money work.
Commodities also do not cause inflation. They can cause price rises due to materials costs rising, but that is not inflation. As prices rise, demand falls and if it's a major commodity like oil, you can get a recession.
I have to say I've learned a lot about fake conservatives thanks to Trump, and also how many economists are full of crap and don't even know who markets and money work.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:15 PM (ZOv7s)
166
Normal people know that you don't invest for a day, or a week, or a month, unless you are a speculator. You invest for a long term horizon.
Posted by: runner
---------------
I've talked with a few 60+ gents that are a tad nervous. I told them it's transitory. Got blank stares.
Posted by: runner
---------------
I've talked with a few 60+ gents that are a tad nervous. I told them it's transitory. Got blank stares.
Posted by: olddog in mo at April 06, 2025 01:16 PM (hoCmQ)
167
Turns out 4 of the 9 democrats abstained from voting. So almost 50% of Democrats in Idaho approve of child rape. These people are beyond redemption.
Posted by: Its Go Time Donald at April 06, 2025 01:16 PM (Jay38)
168
Okay, but if your net worth last week was $75M and this week is millions less, you feel that, esp when you have things set up in different areas and live off interest, etc. Selling in a panic isn’t great, obviously, but pretending that isn’t a real loss also isn’t accurate.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
Well, my net worth certainly isn't $75M or I'd have been retired long ago. I know that my liquid assets have declined steadily since November, which is annoying, but I also know that it'll come back and I have things set up so that I don't have to sell into a loss for a quite some time.
Everyone has different thresholds of pain. I get that. But, at the same time, the only thing that Trump could do to turn the market around would be to kill all the Republicans in government so that the forces manipulating things would stop. Then it would all be great... until it crashed in a year or so.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
Well, my net worth certainly isn't $75M or I'd have been retired long ago. I know that my liquid assets have declined steadily since November, which is annoying, but I also know that it'll come back and I have things set up so that I don't have to sell into a loss for a quite some time.
Everyone has different thresholds of pain. I get that. But, at the same time, the only thing that Trump could do to turn the market around would be to kill all the Republicans in government so that the forces manipulating things would stop. Then it would all be great... until it crashed in a year or so.
Posted by: I used to have a different nic at April 06, 2025 01:17 PM (ExV1e)
169
I also hate the """Conservatives""" saying tariffs are inflationary. No, they are not. They are a tax. Taxes are not inflationar
More so taxes are deflationary - the more taxes Uncle Sugar takes in the fewer it has to print.
Though I would prefer to reduce Bidenflation by cutting spending, you could do it by raising taxes as well.
More so taxes are deflationary - the more taxes Uncle Sugar takes in the fewer it has to print.
Though I would prefer to reduce Bidenflation by cutting spending, you could do it by raising taxes as well.
Posted by: 18-1 at April 06, 2025 01:17 PM (t0Rmr)
170
The real reason is that the US is facing insolvency, thanks to the Biden retarded economic policy. Tariffs raise government revenues, but they also force dollarization and a reduction in Treasury rates, which is absolutely necessary for us to refinance our debt.
Posted by: Big Fat Meanie at April 06, 2025 01:14 PM (qwx/I)
---
We have a lot of bonds that are going to need to be rolled over and this is going to lower the cost of that debt.
It's so weird having adults in charge again. I could get used to it.
Posted by: Big Fat Meanie at April 06, 2025 01:14 PM (qwx/I)
---
We have a lot of bonds that are going to need to be rolled over and this is going to lower the cost of that debt.
It's so weird having adults in charge again. I could get used to it.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:18 PM (ZOv7s)
171
Europe is a highly-developed area, which is why comparisons between standards of living don't quite work. They are surrounded by ancient buildings that are still in use and so their GDP always comes across as lower simply because there isn't much homebuilding left to do. Everything is close together, to cars are less of a necessity and so less have them.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:09 PM (ZOv7s)
That is mostly incorrect. There is plenty of open space in Europe. Just take a train between major cities and you will see plenty of it. They don't build big houses outside of the cities because they can't afford it.
Houses and apartments are smaller. Fewer people have AC. Fewer people have cars, and the cars are much smaller. Appliances are small, and crap. Hot water heaters have less capacity. Heating isn't as good.
Europe is poorer than America, and no amount of data massage will change that.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:09 PM (ZOv7s)
That is mostly incorrect. There is plenty of open space in Europe. Just take a train between major cities and you will see plenty of it. They don't build big houses outside of the cities because they can't afford it.
Houses and apartments are smaller. Fewer people have AC. Fewer people have cars, and the cars are much smaller. Appliances are small, and crap. Hot water heaters have less capacity. Heating isn't as good.
Europe is poorer than America, and no amount of data massage will change that.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 01:18 PM (UUa/N)
172
Small businesses are not listed on the stock market, nor do those owners have much exposure to stocks either. The Treasury Secretary saying the top 10% own 88% of the market with the next 40% owning 12% with 50% owning nothing is eye opening. This is hurting the elite. The media are part of that elite. Many of us may be, too (even though we don't see ourselves that way). But it has to be done. We can't have a society 36T in debt which can't employ its people in family-supporting industry jobs. We don't have the government money to float folks anymore.
Posted by: Nova Local at April 06, 2025 01:09 PM (tOcjL)
I wasn’t talking about the stock market with jobs, though. I was referencing discounting completely those with money as ones we shouldn’t concern ourselves with - but I might not be articulating it well, in fact I clearly am not because you normally get my point, even if you don’t agree with me. 😂
But is this to negotiate for trade equity? Or to improve revenue directly by imposing tariffs? I am hoping trade equity negotiations.
Posted by: Nova Local at April 06, 2025 01:09 PM (tOcjL)
I wasn’t talking about the stock market with jobs, though. I was referencing discounting completely those with money as ones we shouldn’t concern ourselves with - but I might not be articulating it well, in fact I clearly am not because you normally get my point, even if you don’t agree with me. 😂
But is this to negotiate for trade equity? Or to improve revenue directly by imposing tariffs? I am hoping trade equity negotiations.
Posted by: Piper at April 06, 2025 01:19 PM (QzINz)
173
Houses and apartments are smaller. Fewer people have AC. Fewer people have cars, and the cars are much smaller. Appliances are small, and crap. Hot water heaters have less capacity. Heating isn't as good.
Sounds like the progressives plans for America..
Sounds like the progressives plans for America..
Posted by: It's me donna at April 06, 2025 01:20 PM (VE6XX)
174
Though I would prefer to reduce Bidenflation by cutting spending, you could do it by raising taxes as well.
Posted by: 18-1 at April 06, 2025 01:17 PM (t0Rmr)
---
We're doing a little of both. Tariffs are taxes, and they will generate revenue. At the same time, we are cutting the federal budget deeper than I've ever seen.
Again, this level of thought is something I thought never could happen again. Certainly the GOPe was incapable of doing it.
Posted by: 18-1 at April 06, 2025 01:17 PM (t0Rmr)
---
We're doing a little of both. Tariffs are taxes, and they will generate revenue. At the same time, we are cutting the federal budget deeper than I've ever seen.
Again, this level of thought is something I thought never could happen again. Certainly the GOPe was incapable of doing it.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:20 PM (ZOv7s)
175
More so taxes are deflationary - the more taxes Uncle Sugar takes in the fewer it has to print.
-
That plus it lowers demand which is itself deflationary. Whether “conservative” or leftists most pundits have no fucking clue how the world works. They just throw out talking points.
-
That plus it lowers demand which is itself deflationary. Whether “conservative” or leftists most pundits have no fucking clue how the world works. They just throw out talking points.
Posted by: Its Go Time Donald at April 06, 2025 01:20 PM (Jay38)
176
Democrats who love taxes now h8 tariffs
Posted by: Skip at April 06, 2025 01:21 PM (ypFCm)
177
176 Democrats who love taxes now h8 tariffs
Posted by: Skip at April 06, 2025 01:21 PM (ypFCm)
They just hate Trump.. tried to have him incarcerated and then tried to kill him...
Posted by: Skip at April 06, 2025 01:21 PM (ypFCm)
They just hate Trump.. tried to have him incarcerated and then tried to kill him...
Posted by: It's me donna at April 06, 2025 01:22 PM (VE6XX)
178
GDP per capita in Mississippi is higher than GDP per capita of the EU.
Posted by: Its Go Time Donald at April 06, 2025 01:22 PM (Jay38)
179
Everyone has different thresholds of pain. I get that. But, at the same time, the only thing that Trump could do to turn the market around would be to kill all the Republicans in government so that the forces manipulating things would stop. Then it would all be great... until it crashed in a year or so.
Posted by: I used to have a different nic at April 06, 2025 01:17 PM (ExV1e)
Neither is mine, but it would be nice!
Posted by: I used to have a different nic at April 06, 2025 01:17 PM (ExV1e)
Neither is mine, but it would be nice!
Posted by: Piper at April 06, 2025 01:22 PM (QzINz)
180
The nations economic policy should cater to the broad middle and not $75M dollar man
Posted by: LinusVanPelt
Hey, that's an arm and a leg!
The nations economic policy should cater to the broad middle and not $75M dollar man
Posted by: LinusVanPelt
Hey, that's an arm and a leg!
Posted by: Col. Steve Austin at April 06, 2025 01:22 PM (63Dwl)
181
Man, I love you Morons! Great discussion and not just an echo chamber here. Gotta go fix the road. Rutted-up from the last snow storm. Y'all have a great day!
Posted by: Don in SoCo at April 06, 2025 01:22 PM (vd6bO)
182
I got online and checked my 401K balance. It declined a whopping 5% last week. Guess I'll need to start doing my grocery shopping in the pet food section. /s
Posted by: Idaho Spudboy at April 06, 2025 01:22 PM (cpkwQ)
183
And...nothing. Well, maybe some mustard. The Dijon mustard is incredible!
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:28 PM
Nice.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 12:28 PM
Nice.
Posted by: RedMindBlueState at April 06, 2025 01:22 PM (QESVl)
184
176 Democrats who love taxes now h8 tariffs
Posted by: Skip at April 06, 2025 01:21 PM (ypFCm)
They can't figure out how to grift them...
Posted by: Skip at April 06, 2025 01:21 PM (ypFCm)
They can't figure out how to grift them...
Posted by: Nova Local at April 06, 2025 01:23 PM (tOcjL)
185
Weren’t we told forever that stock markets don’t matter because only evil rich people own stocks?
Posted by: Its Go Time Donald at April 06, 2025 01:25 PM (Jay38)
186
176 Democrats who love taxes now h8 tariffs
If Trump discovered a cure for cancer, Dems would write articles about "Why Cancer Is a Good Thing."
If Trump discovered a cure for cancer, Dems would write articles about "Why Cancer Is a Good Thing."
Posted by: Oddbob at April 06, 2025 01:25 PM (4n14w)
187
I'm going to have to stand up for Canada here.
We probably have the BEST assless chaps in the WORLD! Look at our 'leaders.'
Sadly, this isn't rocket science. If Canada doesn't want to be hit with tariffs, freaking remove the ones we have. And if our dairy farmers can't compete, eliminate all carbon taxes going into whatever Liberal slushfund black hole they go to, kill the government bureaucrats and dump all the regulations.
But our leaders would sooner put the gun into our economy's mouth and pull the trigger. I don't care. Fuck these people if they are that stupid.
We probably have the BEST assless chaps in the WORLD! Look at our 'leaders.'
Sadly, this isn't rocket science. If Canada doesn't want to be hit with tariffs, freaking remove the ones we have. And if our dairy farmers can't compete, eliminate all carbon taxes going into whatever Liberal slushfund black hole they go to, kill the government bureaucrats and dump all the regulations.
But our leaders would sooner put the gun into our economy's mouth and pull the trigger. I don't care. Fuck these people if they are that stupid.
Posted by: Stateless...89% - mental state clawing up from 10% at April 06, 2025 01:25 PM (jvJvP)
188
Jaguar Land Rover just halted or "paused" all deliveries in the US in response to the tariffs.
Can't say that I'm happy about this.
Also I still don't know if I'm going to be paying a 17% tariff on my fireplace thats on a boat right now from Israel. That'll be about a $5k charge on top of what I've already paid.
Can't say that I'm happy about this.
Also I still don't know if I'm going to be paying a 17% tariff on my fireplace thats on a boat right now from Israel. That'll be about a $5k charge on top of what I've already paid.
Posted by: Defenestratus at April 06, 2025 01:25 PM (WYStd)
189
Alinsky's "Rules for Radicals" mentions doing just this to your enemy. Among other things the left is currently engaging in. They've declared war. We've yet to acknowledge it.
Posted by: Martini Farmer at April 06, 2025 01:13 PM (Q4IgG)
>>
Absolutely right. And by attacking "Donald Trump"'s policies, the MSM is, de facto, delegitimizing the authority of the US Government to create and implement policies assigned to the Executive Branch.
A good start would be for administration spokesmen/spokeswomen to answer any MSM question or inquiry that includes a reference to "Trump" or "the president"'s policies or programs with "United States" or "US" or "national" or "US Government". As "it is now US policy to ...", NOT "the president requires ..."
Strangely, the MSM almost always stated Dem president's policies as "US" or "United States" as opposed to a personalization of the chief executive's action. Unless it included a halo around the president's head, then he was adored.
Posted by: Martini Farmer at April 06, 2025 01:13 PM (Q4IgG)
>>
Absolutely right. And by attacking "Donald Trump"'s policies, the MSM is, de facto, delegitimizing the authority of the US Government to create and implement policies assigned to the Executive Branch.
A good start would be for administration spokesmen/spokeswomen to answer any MSM question or inquiry that includes a reference to "Trump" or "the president"'s policies or programs with "United States" or "US" or "national" or "US Government". As "it is now US policy to ...", NOT "the president requires ..."
Strangely, the MSM almost always stated Dem president's policies as "US" or "United States" as opposed to a personalization of the chief executive's action. Unless it included a halo around the president's head, then he was adored.
Posted by: mrp at April 06, 2025 01:26 PM (rj6Yv)
190
By the way, if chaps had a seat, they would be pants. And then more tariffs on them!
Posted by: Piper at April 06, 2025 01:26 PM (QzINz)
191
That is mostly incorrect. There is plenty of open space in Europe. Just take a train between major cities and you will see plenty of it. They don't build big houses outside of the cities because they can't afford it.
Houses and apartments are smaller. Fewer people have AC. Fewer people have cars, and the cars are much smaller. Appliances are small, and crap. Hot water heaters have less capacity. Heating isn't as good.
Europe is poorer than America, and no amount of data massage will change that.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 01:18 PM (UUa/N)
---
Bigger does not necessarily mean wealthier. You're making my point. They don't typically have AC because they don't need it. They don't use vast amounts of hot water because they haven't grown up with unlimited amounts of fresh water. Their climate is simply milder than ours and they are not as obsessed with things.
It's a different way of living with different priorities which makes economic comparisons somewhat flawed, especially when you try to quantify it in GDP, which is increasingly bogus as a measure.
Houses and apartments are smaller. Fewer people have AC. Fewer people have cars, and the cars are much smaller. Appliances are small, and crap. Hot water heaters have less capacity. Heating isn't as good.
Europe is poorer than America, and no amount of data massage will change that.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 01:18 PM (UUa/N)
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Bigger does not necessarily mean wealthier. You're making my point. They don't typically have AC because they don't need it. They don't use vast amounts of hot water because they haven't grown up with unlimited amounts of fresh water. Their climate is simply milder than ours and they are not as obsessed with things.
It's a different way of living with different priorities which makes economic comparisons somewhat flawed, especially when you try to quantify it in GDP, which is increasingly bogus as a measure.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:27 PM (ZOv7s)
192
Irrational exuberance currently seen in markets is all fake. speculators, cheats are the ones who are crying.
That's not true. Lots of ordinary people invest. Not a lot but they invest. Since it's something they do at the margins of their personal economy they may not fully understand things. They thought they were in something uber-safe and it's down.
I was pretty successful with lunatic investing when I was young. Made a pretty good bit, the money wasn't real to me so I made risky - but profitable - investments. Then 1987 happened. All of a sudden the money was really fucking real. I started trying to protect it. Lost most of it. Fortunately, I was young, single, and employed which is the best time to learn that lesson.
That's not true. Lots of ordinary people invest. Not a lot but they invest. Since it's something they do at the margins of their personal economy they may not fully understand things. They thought they were in something uber-safe and it's down.
I was pretty successful with lunatic investing when I was young. Made a pretty good bit, the money wasn't real to me so I made risky - but profitable - investments. Then 1987 happened. All of a sudden the money was really fucking real. I started trying to protect it. Lost most of it. Fortunately, I was young, single, and employed which is the best time to learn that lesson.
Posted by: I used to have a different nic at April 06, 2025 01:27 PM (ExV1e)
193
Also I still don't know if I'm going to be paying a 17% tariff on my fireplace thats on a boat right now from Israel. That'll be about a $5k charge on top of what I've already paid.
Posted by: Defenestratus at April 06, 2025 01:25 PM (WYStd)
Remember it’s not 17% on the retail price.
Posted by: Defenestratus at April 06, 2025 01:25 PM (WYStd)
Remember it’s not 17% on the retail price.
Posted by: Its Go Time Donald at April 06, 2025 01:27 PM (Jay38)
194
Unless the usual communists and elites (one can be both)
I would posit that in 2025 most communists *are* elites, full stop. Communism is a luxury belief - most of us can't afford to pretend it can work.
I would posit that in 2025 most communists *are* elites, full stop. Communism is a luxury belief - most of us can't afford to pretend it can work.
Posted by: Ian S. at April 06, 2025 01:28 PM (QZThv)
195
188 Jaguar Land Rover just halted or "paused" all deliveries in the US in response to the tariffs.
Can't say that I'm happy about this.
Also I still don't know if I'm going to be paying a 17% tariff on my fireplace thats on a boat right now from Israel. That'll be about a $5k charge on top of what I've already paid.
Posted by: Defenestratus at April 06
Well the new Jaguar is ugly, so there is that good news?
Can't say that I'm happy about this.
Also I still don't know if I'm going to be paying a 17% tariff on my fireplace thats on a boat right now from Israel. That'll be about a $5k charge on top of what I've already paid.
Posted by: Defenestratus at April 06
Well the new Jaguar is ugly, so there is that good news?
Posted by: Piper at April 06, 2025 01:28 PM (QzINz)
196
I want to know why Libertarians aren't masturbating to this Tariff-Pr0n because this is their wet dream of a Consumption Tax that has the extra added benefit of having a tax loop-hold that can be exploited.
Instead, we get their whining because every plan is terrible, awful, "unconstitutional" unless its their hypothetical plan that they put zero effort into seeing implemented.
Instead, we get their whining because every plan is terrible, awful, "unconstitutional" unless its their hypothetical plan that they put zero effort into seeing implemented.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:28 PM (a4flb)
197
Hey, if this all comes out well, all countries will benefit.
Nobel economics prize to President Trump!
Nobel economics prize to President Trump!
Posted by: KungPow at April 06, 2025 01:28 PM (Rw2Dy)
198
I've talked with a few 60+ gents that are a tad nervous. I told them it's transitory. Got blank stares.
Posted by: olddog in mo at April 06, 2025 01:16 PM (hoCmQ)
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Transitory, just like inflation!
Posted by: olddog in mo at April 06, 2025 01:16 PM (hoCmQ)
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Transitory, just like inflation!
Posted by: Joey B. at April 06, 2025 01:29 PM (QSxJt)
199
Ace-Endorsed;
Look at gdp per capita in Germany or France. It’s waaaaaay lower than the US. Europe is poor relatively speaking. No spin around it.
Look at gdp per capita in Germany or France. It’s waaaaaay lower than the US. Europe is poor relatively speaking. No spin around it.
Posted by: Its Go Time Donald at April 06, 2025 01:30 PM (Jay38)
200
Bigger does not necessarily mean wealthier. You're making my point. They don't typically have AC because they don't need it. They don't use vast amounts of hot water because they haven't grown up with unlimited amounts of fresh water. Their climate is simply milder than ours and they are not as obsessed with things.
Europe has the same weather we do. I can prove it because every summer there are Euro headlines about people dying in 85 degree heat. They don't have AC or nice houses because they're peasants and don't aspire to anything beyond meekly bending over for the government / EU.
Europe has the same weather we do. I can prove it because every summer there are Euro headlines about people dying in 85 degree heat. They don't have AC or nice houses because they're peasants and don't aspire to anything beyond meekly bending over for the government / EU.
Posted by: Ian S. at April 06, 2025 01:30 PM (QZThv)
201
Its a cherry picked stat... EVERYONE will have a base 10% Tariff, UNLESS there is a specific rate put on them... its the base rate.
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Yes, that show the W.H. and Trump staff didn't check their automatic list for uninhabited territories but that have a State Dept. 'country code' [or whatever] and that does not inspire confidence.
BTW, none of the Trump 'reciprocal' tariffs are based on actual tariffs e.g. Vietnam does not charge 96% tariffs on every US-made/produced good imported there.
It's not even based fully on the trade deficits as countries with surpluses are being hit with the 10% too.
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Yes, that show the W.H. and Trump staff didn't check their automatic list for uninhabited territories but that have a State Dept. 'country code' [or whatever] and that does not inspire confidence.
BTW, none of the Trump 'reciprocal' tariffs are based on actual tariffs e.g. Vietnam does not charge 96% tariffs on every US-made/produced good imported there.
It's not even based fully on the trade deficits as countries with surpluses are being hit with the 10% too.
Posted by: andycanuck (/tzYP) at April 06, 2025 01:30 PM (/tzYP)
202
Are there rational criticisms of President Trump? Absolutely.
Lots fewer after you subtract styles, timing, priorities, just shit he says, and the just plain wrong.
Lots fewer after you subtract styles, timing, priorities, just shit he says, and the just plain wrong.
Posted by: DaveA at April 06, 2025 01:30 PM (FhXTo)
203
GDP per capita in Mississippi is higher than GDP per capita of the EU.
Posted by: Its Go Time Donald at April 06, 2025 01:22 PM (Jay3
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As I said, that does not necessarily translate into quality of life. Mississippi is still being built, while much of Europe is using infrastructure the Romans built.
Posted by: Its Go Time Donald at April 06, 2025 01:22 PM (Jay3
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As I said, that does not necessarily translate into quality of life. Mississippi is still being built, while much of Europe is using infrastructure the Romans built.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:30 PM (ZOv7s)
204
Well the new Jaguar is ugly, so there is that good news?
Posted by: Piper at April 06, 2025 01:28 PM (QzINz)
Yes but the new Defender Octa is a gorgeous twin turbo V8. Something I had my eye on.
We love our current Defender - but I'm not sure if this "pause" includes parts.
Posted by: Piper at April 06, 2025 01:28 PM (QzINz)
Yes but the new Defender Octa is a gorgeous twin turbo V8. Something I had my eye on.
We love our current Defender - but I'm not sure if this "pause" includes parts.
Posted by: Defenestratus at April 06, 2025 01:31 PM (WYStd)
205
Speaking of which Donna. Those would be assassins kind of disappeared
Posted by: Skip at April 06, 2025 01:31 PM (ypFCm)
206
Jaguar Land Rover quit being a status symbol here years ago. Jaguar used make pretty cars. They're all in on teh ghey now.
Land Rover basically sells their trucks to Hollywood to use in movies. That's about the only place I see them anyway.
If they think they'll make ends meet selling them in the Middle East and China... go for it.*
*they won't make ends meet.
Land Rover basically sells their trucks to Hollywood to use in movies. That's about the only place I see them anyway.
If they think they'll make ends meet selling them in the Middle East and China... go for it.*
*they won't make ends meet.
Posted by: Martini Farmer at April 06, 2025 01:33 PM (Q4IgG)
207
We're stocked up with chaps down here, so no issue (if you know what I mean).
Posted by: Big Easy at April 06, 2025 01:33 PM (8I4hW)
208
I want to know why Libertarians aren't masturbating to this Tariff-Pr0n because this is their wet dream of a Consumption Tax that has the extra added benefit of having a tax loop-hold that can be exploited.
Instead, we get their whining because every plan is terrible, awful, "unconstitutional" unless its their hypothetical plan that they put zero effort into seeing implemented.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:28 PM (a4flb)
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Libertarians have been completely, irrevocably exposed as idiots with nothing meaningful to say.
This is the epitome of limited government, a tax that only applies to imports, allowing easy avoidance.
Instead, we get their whining because every plan is terrible, awful, "unconstitutional" unless its their hypothetical plan that they put zero effort into seeing implemented.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:28 PM (a4flb)
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Libertarians have been completely, irrevocably exposed as idiots with nothing meaningful to say.
This is the epitome of limited government, a tax that only applies to imports, allowing easy avoidance.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:33 PM (ZOv7s)
209
Gone are the days of a shared goal: American prosperity and potential.
One side wants freedom. Work hard, innovate, create, save.
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
That's a pretty good summation of the divide, at least on the rank-and-file side. Many GOP leaders aren't totally keen on the whole freedom thing, they just want to be the managers.
One side wants freedom. Work hard, innovate, create, save.
The other wants control over every aspect of your life from the car you drive, the food you eat and where you are allowed to live.
That's a pretty good summation of the divide, at least on the rank-and-file side. Many GOP leaders aren't totally keen on the whole freedom thing, they just want to be the managers.
Posted by: Freedom v authoritarianism at April 06, 2025 01:33 PM (TbWk/)
210
Yes, that show the W.H. and Trump staff didn't check their automatic list for uninhabited territories but that have a State Dept. 'country code' [or whatever] and that does not inspire confidence.
Alternatively, fraud dollars are being forged in the system as going through those uninhabited territories.
Alternatively, fraud dollars are being forged in the system as going through those uninhabited territories.
Posted by: Ian S. at April 06, 2025 01:33 PM (QZThv)
211
Alinsky's "Rules for Radicals" mentions doing just this to your enemy. Among other things the left is currently engaging in. They've declared war. We've yet to acknowledge it.
Posted by: Martini Farmer
Because when we do, we start stacking bodies.
Posted by: Martini Farmer
Because when we do, we start stacking bodies.
Posted by: rickb223 at April 06, 2025 01:33 PM (FWMqC)
212
A “luxury” apartment in Paris is basically a Class A rental in the US.
People don’t realize how backwater Europe really is. Yeah they have nice freeways and airports and high speed trains and shit. But at the household level, they’re really not that well off. The average European’s lifestyle is nowhere near what ours is.
People don’t realize how backwater Europe really is. Yeah they have nice freeways and airports and high speed trains and shit. But at the household level, they’re really not that well off. The average European’s lifestyle is nowhere near what ours is.
Posted by: Its Go Time Donald at April 06, 2025 01:33 PM (Jay38)
213
Amazingly the DUmbass DUches at Democart Underground that survive on SSDI, Section 8, welfare, and food banks are all losing their retirement nest eggs in the last 3 days.
Posted by: Jukin the Deplorable a Clear and Present Danger at April 06, 2025 01:34 PM (17s+e)
214
I've noted one thing:
"Trump's Tariffs" not "US Tariffs"
Trump ignores federal courts" not "DOJ objects to federal judge's ruling"
Trump immigration policies" not "US policies"
It's to condition people on the left that if only someone could finally kill Trump all these issues would go away. He's the one poking you. He's the source of your pain.
It's all part and parcel of the efforts to destroy America.
"Trump's Tariffs" not "US Tariffs"
Trump ignores federal courts" not "DOJ objects to federal judge's ruling"
Trump immigration policies" not "US policies"
It's to condition people on the left that if only someone could finally kill Trump all these issues would go away. He's the one poking you. He's the source of your pain.
It's all part and parcel of the efforts to destroy America.
Posted by: I used to have a different nic at April 06, 2025 01:34 PM (ExV1e)
215
Well the new Jaguar is ugly, so there is that good news?
Posted by: Piper at April 06, 2025 01:28 PM
I miss the Jaguar sedans of the 80s...style-wise, that is.
Posted by: Piper at April 06, 2025 01:28 PM
I miss the Jaguar sedans of the 80s...style-wise, that is.
Posted by: RedMindBlueState at April 06, 2025 01:34 PM (QESVl)
216
Remember it’s not 17% on the retail price.
Posted by: Its Go Time Donald at April 06, 2025 01:27 PM (Jay3
In either case, its something my wife and I had to save up our quatloos for. We couldn't stomach the cost of it during the renovation we did 2 years ago so we're just now getting around to it now.
We've got this free-standing monolith surround structure built for it in the middle of the living room that we're using to display my grandmother's metal bird sculptures in the hole that the fireplace is supposed to go.
Posted by: Its Go Time Donald at April 06, 2025 01:27 PM (Jay3
In either case, its something my wife and I had to save up our quatloos for. We couldn't stomach the cost of it during the renovation we did 2 years ago so we're just now getting around to it now.
We've got this free-standing monolith surround structure built for it in the middle of the living room that we're using to display my grandmother's metal bird sculptures in the hole that the fireplace is supposed to go.
Posted by: Defenestratus at April 06, 2025 01:34 PM (WYStd)
217
97 Irrational exuberance currently seen in markets is all fake. speculators, cheats are the ones who are crying. I think no matter how many times they explained it (and they did) people are not interested, and rather go with soundbites. Casual observer does not say Hey, Let's look at 10 year bond yields! Casual observer says, OMG look at aftermarket trading! Buy gold coins!
Posted by: first time commenter at April 06, 2025 12:47 PM (9pFgx)
I saw this on Insty recently. Says the short-term goal is to reduce yield on 10-year Treasury bonds. Right? Wrong? I dunno. Once upon a time, for several hours, I understood bond price vs yield stuff.
https://tinyurl.com/3w4p7cse
Posted by: first time commenter at April 06, 2025 12:47 PM (9pFgx)
I saw this on Insty recently. Says the short-term goal is to reduce yield on 10-year Treasury bonds. Right? Wrong? I dunno. Once upon a time, for several hours, I understood bond price vs yield stuff.
https://tinyurl.com/3w4p7cse
Posted by: Gref at April 06, 2025 01:35 PM (aBgBM)
218
Jaguar Land Rover quit being a status symbol here years ago. Jaguar used make pretty cars. They're all in on teh ghey now.
Land Rover basically sells their trucks to Hollywood to use in movies. That's about the only place I see them anyway.
Land Rover is super popular with upper middle class wine moms. Here in some of the ritzier Baltimore suburbs I've been stopped at a light literally surrounded by Karens driving the things.
Land Rover basically sells their trucks to Hollywood to use in movies. That's about the only place I see them anyway.
Land Rover is super popular with upper middle class wine moms. Here in some of the ritzier Baltimore suburbs I've been stopped at a light literally surrounded by Karens driving the things.
Posted by: Ian S. at April 06, 2025 01:35 PM (QZThv)
219
As I said, that does not necessarily translate into quality of life. Mississippi is still being built, while much of Europe is using infrastructure the Romans built.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:30 PM (ZOv7s)
Lower Manhattan is 400 years old.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:30 PM (ZOv7s)
Lower Manhattan is 400 years old.
Posted by: Its Go Time Donald at April 06, 2025 01:35 PM (Jay38)
220
16
I still find it incredible that these electrons traveled all the way from Paris and got her precisely at noon. Boggles my little mind.
Posted by: Mega Ultra MAGA Man at April 06, 2025 12:11 PM (G5+As)
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Supposedly electrons don't actually move down wires .... I've read that story.
I still find it incredible that these electrons traveled all the way from Paris and got her precisely at noon. Boggles my little mind.
Posted by: Mega Ultra MAGA Man at April 06, 2025 12:11 PM (G5+As)
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Supposedly electrons don't actually move down wires .... I've read that story.
Posted by: Ciampino - A mystery? at April 06, 2025 01:36 PM (sPQoU)
221
Only drive range rovers while in warranty. The second it’s out, SELL SELL SELL.
It’s why they depreciate like a rock.
It’s why they depreciate like a rock.
Posted by: Its Go Time Donald at April 06, 2025 01:36 PM (Jay38)
222
Europe has the same weather we do. I can prove it because every summer there are Euro headlines about people dying in 85 degree heat. They don't have AC or nice houses because they're peasants and don't aspire to anything beyond meekly bending over for the government / EU.
Posted by: Ian S. at April 06, 2025 01:30 PM (QZThv)
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No, it very much doesn't. For one thing, Europe's weather is much more fragmented by mountains, coast lines and such. We have far greater temperature variation than most of Europe, which is why A/C isn't bothered with. You really don't need it for that one hot week of the year, which is when they typically go on holiday.
The old people were dying because their selfish kids left them behind when they went to the beach to cool off.
Posted by: Ian S. at April 06, 2025 01:30 PM (QZThv)
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No, it very much doesn't. For one thing, Europe's weather is much more fragmented by mountains, coast lines and such. We have far greater temperature variation than most of Europe, which is why A/C isn't bothered with. You really don't need it for that one hot week of the year, which is when they typically go on holiday.
The old people were dying because their selfish kids left them behind when they went to the beach to cool off.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:37 PM (ZOv7s)
223
Land Rover is super popular with upper middle class wine moms. Here in some of the ritzier Baltimore suburbs I've been stopped at a light literally surrounded by Karens driving the things.
Posted by: Ian S. at April 06, 2025 01:35 PM
Big up here with the same demographic.
Posted by: Ian S. at April 06, 2025 01:35 PM
Big up here with the same demographic.
Posted by: RedMindBlueState at April 06, 2025 01:37 PM (QESVl)
224
People don’t realize how backwater Europe really is. Yeah they have nice freeways and airports and high speed trains and shit. But at the household level, they’re really not that well off. The average European’s lifestyle is nowhere near what ours is.
Posted by: Its Go Time Donald at April 06, 2025 01:33 PM (Jay3
Go watch some episodes of House Hunters International.
In almost every single episode where an American couple is relocating to Europe, its always like "this is really small"... "why doesn't the kitchen have an oven (nevermind a dishwasher)"... "there's no yard".
Not to say that there aren't amazing places either (I still want to buy a bungalow on the Croatian or Italian coast) but for the most part, a $1500 budget in almost any European city is barebones - and anything outside the city is rundown.
Posted by: Its Go Time Donald at April 06, 2025 01:33 PM (Jay3
Go watch some episodes of House Hunters International.
In almost every single episode where an American couple is relocating to Europe, its always like "this is really small"... "why doesn't the kitchen have an oven (nevermind a dishwasher)"... "there's no yard".
Not to say that there aren't amazing places either (I still want to buy a bungalow on the Croatian or Italian coast) but for the most part, a $1500 budget in almost any European city is barebones - and anything outside the city is rundown.
Posted by: Defenestratus at April 06, 2025 01:37 PM (WYStd)
225
204
Yes but the new Defender Octa is a gorgeous twin turbo V8. Something I had my eye on.
We love our current Defender - but I'm not sure if this "pause" includes parts.
Posted by: Defenestratus at April 06, 2025 01:31 PM (WYStd)
I traded my LR in for my mini cooper clown car. I LOVED my LR and drove it forever. I was between getting the mini and getting a Defender. I went with cute and fun, but have a feeling when J gets ready for a new car (he has a 2017 Mercedes E class old man boat. I hate that car!), it will be a Defender, though he is still threatening the cyber truck. I don’t buy new cars often, so it has to be on him.
Yes but the new Defender Octa is a gorgeous twin turbo V8. Something I had my eye on.
We love our current Defender - but I'm not sure if this "pause" includes parts.
Posted by: Defenestratus at April 06, 2025 01:31 PM (WYStd)
I traded my LR in for my mini cooper clown car. I LOVED my LR and drove it forever. I was between getting the mini and getting a Defender. I went with cute and fun, but have a feeling when J gets ready for a new car (he has a 2017 Mercedes E class old man boat. I hate that car!), it will be a Defender, though he is still threatening the cyber truck. I don’t buy new cars often, so it has to be on him.
Posted by: Piper at April 06, 2025 01:38 PM (QzINz)
226
oh, I definitely think Trump SHOULD NOT come out and try to explain the tariffs to the American people...... he should definitely leave it to his economic experts....who know how to talk in soothing, smart vocabulary to both Wall Street and Main Street........ Trump has proven time and time again that he cannot do that.
Posted by: Monica at April 06, 2025 01:38 PM (kfQcw)
227
Only drive range rovers while in warranty. The second it’s out, SELL SELL SELL.
Pretty much all luxury cars are that way now. It's why the original owner is almost always leasing. But yeah, JLR's stuff has more of a reputation for that than even ze Germans.
Pretty much all luxury cars are that way now. It's why the original owner is almost always leasing. But yeah, JLR's stuff has more of a reputation for that than even ze Germans.
Posted by: Ian S. at April 06, 2025 01:38 PM (QZThv)
228
Land Rover basically sells their trucks to Hollywood to use in movies. That's about the only place I see them anyway.
If they think they'll make ends meet selling them in the Middle East and China... go for it.*
*they won't make ends meet.
Posted by: Martini Farmer
Go back to making the African Land Rovers that were in every documentary and never broke down.
Unless they start building Land Rovers with hard points, they aren't beating out Toyota's HiLux.
If they think they'll make ends meet selling them in the Middle East and China... go for it.*
*they won't make ends meet.
Posted by: Martini Farmer
Go back to making the African Land Rovers that were in every documentary and never broke down.
Unless they start building Land Rovers with hard points, they aren't beating out Toyota's HiLux.
Posted by: rickb223 at April 06, 2025 01:38 PM (FWMqC)
229
I cannot tell you how many times I have had to remind my jumpy brother, who was a Never-Trumper who voted for Trump in 2025...... not to listen to what Trump says, but watch what he does!
Posted by: Monica at April 06, 2025 01:39 PM (kfQcw)
230
I think his communication with the American people has been lacking.
Concur.
It's time for a nation wide tour describing his efforts, showing how he is standing firm, and showing the success so far...all with stops in key locations that will benefit from the tariffs.
Concur.
It's time for a nation wide tour describing his efforts, showing how he is standing firm, and showing the success so far...all with stops in key locations that will benefit from the tariffs.
Posted by: Diogenes at April 06, 2025 01:40 PM (W/lyH)
231
Unless they start building Land Rovers with hard points, they aren't beating out Toyota's HiLux.
Yeah, the Toyota Land Cruiser (and the Lexus GX and LX versions) own the Middle East and Africa now.
Yeah, the Toyota Land Cruiser (and the Lexus GX and LX versions) own the Middle East and Africa now.
Posted by: Ian S. at April 06, 2025 01:41 PM (QZThv)
232
We've got this free-standing monolith surround structure built for it in the middle of the living room that we're using to display my grandmother's metal bird sculptures in the hole that the fireplace is supposed to go.
Posted by: Defenestratus
Put a brass pole there.
Posted by: Defenestratus
Put a brass pole there.
Posted by: Itinerant Alley Butcher at April 06, 2025 01:41 PM (/lPRQ)
233
I cannot tell you how many times I have had to remind my jumpy brother, who was a Never-Trumper who voted for Trump in 2025...... not to listen to what Trump says, but watch what he does!
Posted by: Monica
Half the time, his talk is just a head fake to get the chattering class to chatter so he can go do what he wants to do uninterrupted.
Posted by: Monica
Half the time, his talk is just a head fake to get the chattering class to chatter so he can go do what he wants to do uninterrupted.
Posted by: rickb223 at April 06, 2025 01:41 PM (FWMqC)
234
In almost every single episode where an American couple is relocating to Europe, its always like "this is really small"... "why doesn't the kitchen have an oven (nevermind a dishwasher)"... "there's no yard".
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Heh. I saw one of those of a single AWFL from NYC who wanted to experience Paris. She was looking at one place that had no bathroom. It was. a room with a Murphy bed and kitchenette. 130 sq ft IIRC. Shared toilet down the hall. All for the low low price of 500k Euros.
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Heh. I saw one of those of a single AWFL from NYC who wanted to experience Paris. She was looking at one place that had no bathroom. It was. a room with a Murphy bed and kitchenette. 130 sq ft IIRC. Shared toilet down the hall. All for the low low price of 500k Euros.
Posted by: Its Go Time Donald at April 06, 2025 01:41 PM (Jay38)
235
The real test of the administration will come when the tariff revenue reports are released. The US Congress will start pulling out the pig troughs, right and left.
Posted by: mrp at April 06, 2025 01:42 PM (rj6Yv)
236
They don't typically have AC because they don't need it. They don't use vast amounts of hot water because they haven't grown up with unlimited amounts of fresh water. Their climate is simply milder than ours and they are not as obsessed with things.
It's a different way of living with different priorities which makes economic comparisons somewhat flawed, especially when you try to quantify it in GDP, which is increasingly bogus as a measure.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:27 PM (ZOv7s)
Did you read what you wrote?
Every year there is a run of very hot days in Europe, and lots of people die. Sure, they don't need AC until their grandparents start to die!
And they are used to not having lots of water?
Sounds like a poor society to me.
It's a different way of living with different priorities which makes economic comparisons somewhat flawed, especially when you try to quantify it in GDP, which is increasingly bogus as a measure.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:27 PM (ZOv7s)
Did you read what you wrote?
Every year there is a run of very hot days in Europe, and lots of people die. Sure, they don't need AC until their grandparents start to die!
And they are used to not having lots of water?
Sounds like a poor society to me.
Posted by: CharlieBrown'sDildo at April 06, 2025 01:42 PM (L5An7)
237
Not to say that there aren't amazing places either (I still want to buy a bungalow on the Croatian or Italian coast) but for the most part, a $1500 budget in almost any European city is barebones - and anything outside the city is rundown.
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Not the Dalmatian coast?? I guess housing there can be pretty spotty though.
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Not the Dalmatian coast?? I guess housing there can be pretty spotty though.
Posted by: andycanuck (/tzYP) at April 06, 2025 01:42 PM (/tzYP)
238
Land Rover is super popular with upper middle class wine moms. Here in some of the ritzier Baltimore suburbs I've been stopped at a light literally surrounded by Karens driving the things.
Posted by: Ian S. at April 06, 2025 01:35 PM (QZThv)
My wife had to say goodbye to her 2005 Honda Accord because the catalytic converter on it died and Maine is a stupid state with stupid laws written by stupid people that indicate that we have to follow the same stupid rules that the stupid people of California stupidly passed and so now I had to pay $1800 to buy a new catalytic converter for it. For a car worth about $1000.
She liked the Land Rovers that we've rented throughout the years and so I bought her a Defender last July - and she absolutely loves it. Problem is, I really like it too. I mean, REALLY like it. I try to steal it when she's not looking. It'll never replace the love I have for my H1, but its solid, dependable, capable and comfortable.
Posted by: Ian S. at April 06, 2025 01:35 PM (QZThv)
My wife had to say goodbye to her 2005 Honda Accord because the catalytic converter on it died and Maine is a stupid state with stupid laws written by stupid people that indicate that we have to follow the same stupid rules that the stupid people of California stupidly passed and so now I had to pay $1800 to buy a new catalytic converter for it. For a car worth about $1000.
She liked the Land Rovers that we've rented throughout the years and so I bought her a Defender last July - and she absolutely loves it. Problem is, I really like it too. I mean, REALLY like it. I try to steal it when she's not looking. It'll never replace the love I have for my H1, but its solid, dependable, capable and comfortable.
Posted by: Defenestratus at April 06, 2025 01:43 PM (WYStd)
239
The old people were dying because their selfish kids left them behind when they went to the beach to cool off.
Posted by: Ace-Endorsed Author A.H. Lloyd
The hundreds of years of paint made the windows inoperable.
Posted by: Ace-Endorsed Author A.H. Lloyd
The hundreds of years of paint made the windows inoperable.
Posted by: Itinerant Alley Butcher at April 06, 2025 01:43 PM (/lPRQ)
240
A “luxury” apartment in Paris is basically a Class A rental in the US.
People don’t realize how backwater Europe really is. Yeah they have nice freeways and airports and high speed trains and shit. But at the household level, they’re really not that well off. The average European’s lifestyle is nowhere near what ours is.
Posted by: Its Go Time Donald at April 06, 2025 01:33 PM (Jay3
---
Right, but location location location. Every spot in Europe is next to a cathedral or something, and that is part of the standard of living that does not show up on a stat sheet.
I think it is important when looking at other societies to understand that our values are not theirs and they simply do not place the same premium on space and stuff that we do.
I've spent a lot of time on various gaming boards and Americans typically want their own gaming table in their house. We do this because we can. Europeans, on the other hand, often wonder why go to all that expense when there's a club just down the road and you can meet all sorts of people. It's a different perspective.
People don’t realize how backwater Europe really is. Yeah they have nice freeways and airports and high speed trains and shit. But at the household level, they’re really not that well off. The average European’s lifestyle is nowhere near what ours is.
Posted by: Its Go Time Donald at April 06, 2025 01:33 PM (Jay3
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Right, but location location location. Every spot in Europe is next to a cathedral or something, and that is part of the standard of living that does not show up on a stat sheet.
I think it is important when looking at other societies to understand that our values are not theirs and they simply do not place the same premium on space and stuff that we do.
I've spent a lot of time on various gaming boards and Americans typically want their own gaming table in their house. We do this because we can. Europeans, on the other hand, often wonder why go to all that expense when there's a club just down the road and you can meet all sorts of people. It's a different perspective.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:43 PM (ZOv7s)
241
Idaho will never convict anyone of pedophilia again.
Posted by: Accomack at April 06, 2025 01:44 PM (JY+81)
242
That chart is just so dishonest. I can’t defend it.
I support the broad strokes of what Trump is doing, globalization has hurt the Midwest, but this is being bungled and the markets are responding appropriately. People are going to care about factory jobs when their retirement gets wiped out.
Tariffs are taxes and it’s similar to when liberals promise some giant corporate tax increase will only be paid but the companies and not individuals.
Consumers will pay for all of these increases and they’ll be pissed off it they pay an extra $10k because they bought a Honda.
I support the broad strokes of what Trump is doing, globalization has hurt the Midwest, but this is being bungled and the markets are responding appropriately. People are going to care about factory jobs when their retirement gets wiped out.
Tariffs are taxes and it’s similar to when liberals promise some giant corporate tax increase will only be paid but the companies and not individuals.
Consumers will pay for all of these increases and they’ll be pissed off it they pay an extra $10k because they bought a Honda.
Posted by: Maroon at April 06, 2025 01:44 PM (ha7KS)
243
Honestly I’ll lose exactly zero sleep over $75 million dollar man. So now he’s worth $70M instead of 75? Boo hoo…. The nations economic policy should cater to the broad middle and not $75M dollar man
Posted by: LinusVanPelt at April 06, 2025 12:39 PM (6RwsA)
Think about cell phones. You have your phone that you use the most with, maybe, two old but functional phones for emergency backup.
Millions are like cell phones. If you have three, do you really need 72 more?
I don't.
Posted by: LinusVanPelt at April 06, 2025 12:39 PM (6RwsA)
Think about cell phones. You have your phone that you use the most with, maybe, two old but functional phones for emergency backup.
Millions are like cell phones. If you have three, do you really need 72 more?
I don't.
Posted by: Madame Mayhem (uppity wench) at April 06, 2025 01:45 PM (4XwPj)
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 01:46 PM (5LCqK)
245
But yeah, JLR's stuff has more of a reputation for that than even ze Germans.
Posted by: Ian S. at April 06, 2025 01:38 PM (QZThv)
I lease all my cars. Always in warranty, never worry about depreciation. After 2 years hand in the keys, move on. Long term rental basically. So I also don’t care about it. Not gonna worry about protecting the paint by not keeping it outside or washing it religiously or whatever. It’s a rental.
I know people like Dave Ramsay say don’t lease. And for a lot of people that’s good advice. But if you know how leases work and know how to find deals it’s great. Takes some effort though and most people are lazy. So they get fucked.
Posted by: Ian S. at April 06, 2025 01:38 PM (QZThv)
I lease all my cars. Always in warranty, never worry about depreciation. After 2 years hand in the keys, move on. Long term rental basically. So I also don’t care about it. Not gonna worry about protecting the paint by not keeping it outside or washing it religiously or whatever. It’s a rental.
I know people like Dave Ramsay say don’t lease. And for a lot of people that’s good advice. But if you know how leases work and know how to find deals it’s great. Takes some effort though and most people are lazy. So they get fucked.
Posted by: Its Go Time Donald at April 06, 2025 01:46 PM (Jay38)
246
I strongly recommend hunting down and watching Thomas Sowell's take on Trump's tariffs. It's a solid evaluation.
Posted by: Orson at April 06, 2025 01:46 PM (dIske)
247
My wife had to say goodbye to her 2005 Honda Accord because the catalytic converter on it died and Maine is a stupid state with stupid laws written by stupid people that indicate that we have to follow the same stupid rules that the stupid people of California stupidly passed and so now I had to pay $1800 to buy a new catalytic converter for it. For a car worth about $1000.
Honestly, there's value beyond the Kelley Blue Book. A rust-free late-90s/early-2000s Japanese car will outlast human civilization, and not report your position to the DNC as a bonus.
Honestly, there's value beyond the Kelley Blue Book. A rust-free late-90s/early-2000s Japanese car will outlast human civilization, and not report your position to the DNC as a bonus.
Posted by: Ian S. at April 06, 2025 01:46 PM (QZThv)
248
Every year there is a run of very hot days in Europe, and lots of people die. Sure, they don't need AC until their grandparents start to die!
And they are used to not having lots of water?
Sounds like a poor society to me.
Posted by: CharlieBrown'sDildo at April 06, 2025 01:42 PM (L5An7)
---
Given that Europe is pushing ahead with euthanasia, maybe it's part of their plan.
As for water use, that's a very cultural thing. You're assuming that everyone wants what we want. They don't.
And they are used to not having lots of water?
Sounds like a poor society to me.
Posted by: CharlieBrown'sDildo at April 06, 2025 01:42 PM (L5An7)
---
Given that Europe is pushing ahead with euthanasia, maybe it's part of their plan.
As for water use, that's a very cultural thing. You're assuming that everyone wants what we want. They don't.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:47 PM (ZOv7s)
249
I was always under the impression that conservatives were the strong silent types, solid as a rock.
Turns out when you rock their boat a bit, they start channeling their inner Nervous Nellies.
Turns out when you rock their boat a bit, they start channeling their inner Nervous Nellies.
Posted by: kallisto at April 06, 2025 01:47 PM (teuEU)
250
The Commerce Secretary is out talking about. The Treasury Secretary is out talking about.
This is the way it should be. It undermines the Enemedia's propaganda campaign to divide the US and the Donald Trump as two warring camps when in reality, the Enemedia and the Left are the avowed enemy of Free and Decent People everywhere.
By having the very competent secretaries engaged in public relations, it reminds us that this is a unified front and we get around Trump's circumlocutious "weave" by hearing from accomplished and articulate people who speak "sentient human being".
This is the way it should be. It undermines the Enemedia's propaganda campaign to divide the US and the Donald Trump as two warring camps when in reality, the Enemedia and the Left are the avowed enemy of Free and Decent People everywhere.
By having the very competent secretaries engaged in public relations, it reminds us that this is a unified front and we get around Trump's circumlocutious "weave" by hearing from accomplished and articulate people who speak "sentient human being".
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:48 PM (a4flb)
251
Millions are like cell phones. If you have three, do you really need 72 more?
I don't.
Posted by: Madame Mayhem
---
Right. Does one really need that new cell phone or does one simply want a new phone. ~but it's got such cute new emojis~
I don't.
Posted by: Madame Mayhem
---
Right. Does one really need that new cell phone or does one simply want a new phone. ~but it's got such cute new emojis~
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 01:49 PM (5LCqK)
252
But yeah, JLR's stuff has more of a reputation for that than even ze Germans.
Posted by: Ian S. at April 06, 2025 01:38 PM (QZThv)
The reputation was well earned with earlier models - but people forget about the dependable LR3 models in the late 2000's early 2010's that would go 200k no problem.
The new Defender (2020+) is built almost completely via automation in Slovakia. It has been remarkably reliable over the course of its production run. From what I can determine anecdotally on the forums - if you get a lemon from the factory, it will continue to be a lemon for its whole life - but those are typically bought back by JLR within warranty. The Inline 6 supercharged/turbo'd engine in particular has proven remarkably robust. Gotta stay on top of the maintenance though.
We bought ours with 25k on the odometer and have put 15k on it since July. We're warranty'd out very soon and I'm not really concerned about it having a major failure.
Posted by: Ian S. at April 06, 2025 01:38 PM (QZThv)
The reputation was well earned with earlier models - but people forget about the dependable LR3 models in the late 2000's early 2010's that would go 200k no problem.
The new Defender (2020+) is built almost completely via automation in Slovakia. It has been remarkably reliable over the course of its production run. From what I can determine anecdotally on the forums - if you get a lemon from the factory, it will continue to be a lemon for its whole life - but those are typically bought back by JLR within warranty. The Inline 6 supercharged/turbo'd engine in particular has proven remarkably robust. Gotta stay on top of the maintenance though.
We bought ours with 25k on the odometer and have put 15k on it since July. We're warranty'd out very soon and I'm not really concerned about it having a major failure.
Posted by: Defenestratus at April 06, 2025 01:49 PM (WYStd)
253
I saw this on Insty recently. Says the short-term goal is to reduce yield on 10-year Treasury bonds. Right? Wrong? I dunno. Once upon a time, for several hours, I understood bond price vs yield stuff.
https://tinyurl.com/3w4p7cse
Posted by: Gref at April 06, 2025 01:35 PM (aBgBM)
There's a video to that effect. Trump re-tweeted it so there may be some truth to it.
https://tinyurl.com/4sx6bdkc+
https://tinyurl.com/3w4p7cse
Posted by: Gref at April 06, 2025 01:35 PM (aBgBM)
There's a video to that effect. Trump re-tweeted it so there may be some truth to it.
https://tinyurl.com/4sx6bdkc+
Posted by: I used to have a different nic at April 06, 2025 01:50 PM (ExV1e)
254
Land Rover is super popular with upper middle class wine moms. Here in some of the ritzier Baltimore suburbs I've been stopped at a light literally surrounded by Karens driving the things.
Posted by: Ian S. at April 06, 2025 01:35 PM (QZThv)
There are a goodly number of them in my Austin suburb.
Posted by: Ian S. at April 06, 2025 01:35 PM (QZThv)
There are a goodly number of them in my Austin suburb.
Posted by: I used to have a different nic at April 06, 2025 01:51 PM (ExV1e)
255
And they are used to not having lots of water?
Yep. And when there is enough water and energy, Europe then in desperation, starts bringing in millions upon millions of people in to the various semi-healthy countries to maintain their homeostasis of misery, rationing and shortages.
Yep. And when there is enough water and energy, Europe then in desperation, starts bringing in millions upon millions of people in to the various semi-healthy countries to maintain their homeostasis of misery, rationing and shortages.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:51 PM (a4flb)
256
I think it is important when looking at other societies to understand that our values are not theirs and they simply do not place the same premium on space and stuff that we do.
-
I’m not saying a 4000 sq ft home is better than a 1000 sq ft home. You’re right bigger house doesn’t mean better life.
But it’s small stuff. Like does your home have a dishwasher? Virtually every American does. In Europe? Kind of a luxury.
The big one is cars. Owning a car in the US is basically a birthright. In Europe it’s also kind of a luxury. Left is always going on and on about how Europeans love public transportation. No they don’t. They’d much rather have a car. It’s just they can’t afford it.
-
I’m not saying a 4000 sq ft home is better than a 1000 sq ft home. You’re right bigger house doesn’t mean better life.
But it’s small stuff. Like does your home have a dishwasher? Virtually every American does. In Europe? Kind of a luxury.
The big one is cars. Owning a car in the US is basically a birthright. In Europe it’s also kind of a luxury. Left is always going on and on about how Europeans love public transportation. No they don’t. They’d much rather have a car. It’s just they can’t afford it.
Posted by: Its Go Time Donald at April 06, 2025 01:51 PM (Jay38)
257
Tariffs are taxes and it’s similar to when liberals promise some giant corporate tax increase will only be paid but the companies and not individuals.
Consumers will pay for all of these increases and they’ll be pissed off it they pay an extra $10k because they bought a Honda.
Posted by: Maroon at April 06, 2025 01:44 PM (ha7KS)
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They make Hondas in America now, so no tariff.
Consumers will pay for all of these increases and they’ll be pissed off it they pay an extra $10k because they bought a Honda.
Posted by: Maroon at April 06, 2025 01:44 PM (ha7KS)
---
They make Hondas in America now, so no tariff.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:51 PM (ZOv7s)
258
Speaking of the economy . . .
"World's wealthiest televangelist" [Bishop Edir Macedo of Brazil] puts his beachfront Florida condo for sale for $14.6 million
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Talk about your prosperity gospel!
P.S. Note this isn't for an estate, mansion, or even a house. It's a condo.
"World's wealthiest televangelist" [Bishop Edir Macedo of Brazil] puts his beachfront Florida condo for sale for $14.6 million
-
Talk about your prosperity gospel!
P.S. Note this isn't for an estate, mansion, or even a house. It's a condo.
Posted by: Anonosaurus Wrecks, Soldier of the Persistence at April 06, 2025 01:51 PM (L/fGl)
259
POTUS Trump is correct in resetting trade to equity. Unequal tariffs by foreign countries creates an inbalance of revenue favoring those foreign countries.
That said, there are some foreign tariffs that are imposed to nurture domestic development to ensure national sovereignty necessary for national survival.
The U.S. has ignored economic national security long enough! It is time for a reset.
This is unchartered territory, which is why the WSJ and the financial markets in their incredible ignorance are anxious.
The U.S. financial superiority has been abused enough. The pendulum is now swinging the other way.
That said, there are some foreign tariffs that are imposed to nurture domestic development to ensure national sovereignty necessary for national survival.
The U.S. has ignored economic national security long enough! It is time for a reset.
This is unchartered territory, which is why the WSJ and the financial markets in their incredible ignorance are anxious.
The U.S. financial superiority has been abused enough. The pendulum is now swinging the other way.
Posted by: john at April 06, 2025 01:52 PM (nEWxZ)
260
As for water use, that's a very cultural thing. You're assuming that everyone wants what we want. They don't.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:47 PM (ZOv7s)
Yeah... abundant fresh water is a cultural thing.
So is dental hygiene and care, and access to medical care that isn't rationed?
You are speaking nonsense.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:47 PM (ZOv7s)
Yeah... abundant fresh water is a cultural thing.
So is dental hygiene and care, and access to medical care that isn't rationed?
You are speaking nonsense.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 01:52 PM (UUa/N)
261
There are a goodly number of them in my Austin suburb.
The Land Rover is a fairly great vehicle for maybe the entire duration of it's lease, then it is a money pit because the whole thing descends into rapid, comprehensive and profoundly expensive entropy.
The Land Rover is a fairly great vehicle for maybe the entire duration of it's lease, then it is a money pit because the whole thing descends into rapid, comprehensive and profoundly expensive entropy.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:53 PM (a4flb)
262
Millions are like cell phones. If you have three, do you really need 72 more?
I don't.
Posted by: Madame Mayhem
---
Right. Does one really need that new cell phone or does one simply want a new phone. ~but it's got such cute new emojis~
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 01:49 PM (5LCqK)
I only have one cell phone and no millions of dollars. Just saying. I hate getting a new phone. Having to learn new phone is up there on the hate list right behind dealing with my sister in law's bat shit insane leftwing mother. Right at the fucking top!
I don't.
Posted by: Madame Mayhem
---
Right. Does one really need that new cell phone or does one simply want a new phone. ~but it's got such cute new emojis~
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 01:49 PM (5LCqK)
I only have one cell phone and no millions of dollars. Just saying. I hate getting a new phone. Having to learn new phone is up there on the hate list right behind dealing with my sister in law's bat shit insane leftwing mother. Right at the fucking top!
Posted by: Madame Mayhem (uppity wench) at April 06, 2025 01:53 PM (4XwPj)
263
They make Hondas in America now, so no tariff.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01
F10s too.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01
F10s too.
Posted by: Eromero at April 06, 2025 01:53 PM (LHPAg)
264
Honestly, there's value beyond the Kelley Blue Book. A rust-free late-90s/early-2000s Japanese car will outlast human civilization, and not report your position to the DNC as a bonus.
Posted by: Ian S. at April 06, 2025 01:46 PM (QZThv)
I ended up trading it to my mechanic for $750 in shop credit to work on the H1. Wife cried when it left.
The New England winters are not kind on any vehicle made before 2015 or so.
As for the Defender "phoning home"... the cell modem in it is disabled. It's behind the rear seats in the cargo area behind the plastic interior panel. One little unplug and poof. We do get a warning on startup about "connected services" not being available. Oh well.
Posted by: Ian S. at April 06, 2025 01:46 PM (QZThv)
I ended up trading it to my mechanic for $750 in shop credit to work on the H1. Wife cried when it left.
The New England winters are not kind on any vehicle made before 2015 or so.
As for the Defender "phoning home"... the cell modem in it is disabled. It's behind the rear seats in the cargo area behind the plastic interior panel. One little unplug and poof. We do get a warning on startup about "connected services" not being available. Oh well.
Posted by: Defenestratus at April 06, 2025 01:54 PM (WYStd)
265
People are going to care about factory jobs when their retirement gets wiped out.
Their retirements get wiped out?
The big money men are not in the business of zeroing out Americans’ investment accounts. That would kind of cut into their very lucrative livelihoods.
Their retirements get wiped out?
The big money men are not in the business of zeroing out Americans’ investment accounts. That would kind of cut into their very lucrative livelihoods.
Posted by: kallisto at April 06, 2025 01:54 PM (teuEU)
266
Also I still don't know if I'm going to be paying a 17% tariff on my fireplace thats on a boat right now from Israel. That'll be about a $5k charge on top of what I've already paid.
Posted by: Defenestratus at April 06
=============
I'm hearing about businessmen in the same boat so to speak. One guy has a shipment of wines on its way from France, and the tariff has added $200,000. He already has a financial commitment to the seller and he ain't got the $200k. Heard another story about a guy in the same situation.
Small businesses, how are they going to manage? One of my relatives is starting her aesthetician business and (I'll have to ask), but if things like eyelash extensions and cosmetics double in price, she's doomed.
Do we need to manufacture this low-level stuff in the US?
Don't go down my throat; I'm just asking.
Also I still don't know if I'm going to be paying a 17% tariff on my fireplace thats on a boat right now from Israel. That'll be about a $5k charge on top of what I've already paid.
Posted by: Defenestratus at April 06
=============
I'm hearing about businessmen in the same boat so to speak. One guy has a shipment of wines on its way from France, and the tariff has added $200,000. He already has a financial commitment to the seller and he ain't got the $200k. Heard another story about a guy in the same situation.
Small businesses, how are they going to manage? One of my relatives is starting her aesthetician business and (I'll have to ask), but if things like eyelash extensions and cosmetics double in price, she's doomed.
Do we need to manufacture this low-level stuff in the US?
Don't go down my throat; I'm just asking.
Posted by: Blonde Morticia at April 06, 2025 01:54 PM (3izae)
267
The big one is cars. Owning a car in the US is basically a birthright. In Europe it’s also kind of a luxury. Left is always going on and on about how Europeans love public transportation. No they don’t. They’d much rather have a car. It’s just they can’t afford it.
Yup. And as Europe becomes "more diverse", public transportation's going to lose its shine in a hurry.
Yup. And as Europe becomes "more diverse", public transportation's going to lose its shine in a hurry.
Posted by: Ian S. at April 06, 2025 01:54 PM (QZThv)
268
The conservative position on trade has been less tariffs and taxes. It was labor unions that wanted extreme protectionism. Go watch some Thomas Sowell videos on tariffs
I’m for tariffs on a country like China because of geopolitical concerns. But not wholesale across the board.
People are being dismissive of the stock market drop so far, but if we really do have a long term trade war where nobody blinks, it will spark a global depression.
Already the market has lost something like 8 trillion in value, there’s not $8 trillion in factory jobs coming back to the US.
I’m for tariffs on a country like China because of geopolitical concerns. But not wholesale across the board.
People are being dismissive of the stock market drop so far, but if we really do have a long term trade war where nobody blinks, it will spark a global depression.
Already the market has lost something like 8 trillion in value, there’s not $8 trillion in factory jobs coming back to the US.
Posted by: Maroon at April 06, 2025 01:54 PM (ha7KS)
269
As for water use, that's a very cultural thing. You're assuming that everyone wants what we want. They don't.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:47 PM (ZOv7s)
We love ze water! It's ze soap we don't care for! We love smelling like ass!
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:47 PM (ZOv7s)
We love ze water! It's ze soap we don't care for! We love smelling like ass!
Posted by: Dirty Euros And Their Potent BO at April 06, 2025 01:56 PM (R/m4+)
270
LOL!! No problem. We all have our moments. Hell, my Magyar DNA rears it's head every so often as well. Hope all is well on your end. Raining out here. Again.
Posted by: thatcrazyjerseyguy at April 06, 2025 12:41 PM (dgRL6)
I could never get my best friend to properly pronounce Magyar so he finally gave up and now calls me a MudYard. Heh.
Posted by: thatcrazyjerseyguy at April 06, 2025 12:41 PM (dgRL6)
I could never get my best friend to properly pronounce Magyar so he finally gave up and now calls me a MudYard. Heh.
Posted by: Chairborne!...Desk From Above! at April 06, 2025 01:56 PM (ClxgD)
271
Do we need to manufacture this low-level stuff in the US?
Ideally, yes. If for no other reason than relying entirely on a single country to make everything is a horrifically stupid idea. "Don't put all your eggs in one basket" is a saying with a hard-won history behind it.
Ideally, yes. If for no other reason than relying entirely on a single country to make everything is a horrifically stupid idea. "Don't put all your eggs in one basket" is a saying with a hard-won history behind it.
Posted by: Ian S. at April 06, 2025 01:56 PM (QZThv)
272
They’d much rather have a car. It’s just they can’t afford it.
Posted by: Its Go Time Donald at April 06, 2025 01:51 PM (Jay3
---
No, they also can't store them. Driving in Germany was quite interesting. The city centers (which are pretty damn cool" can't really fit cars through them, and if you live that lifestyle, a car is not for you.
Our cities are built around them, so the marginal cost of buying one is a lot less. Their cities are also the opposite of ours - downtown is the safest swank place and the crime zones are in the suburbs.
It's just a much smaller place. I spent a day in Trier and was amazed at how tiny the joint was. The housing is more compact, but you're literally in the shadow of the Dom and can go watch a play in the Roman arena. That's not going to show up on a GDP chart.
Posted by: Its Go Time Donald at April 06, 2025 01:51 PM (Jay3
---
No, they also can't store them. Driving in Germany was quite interesting. The city centers (which are pretty damn cool" can't really fit cars through them, and if you live that lifestyle, a car is not for you.
Our cities are built around them, so the marginal cost of buying one is a lot less. Their cities are also the opposite of ours - downtown is the safest swank place and the crime zones are in the suburbs.
It's just a much smaller place. I spent a day in Trier and was amazed at how tiny the joint was. The housing is more compact, but you're literally in the shadow of the Dom and can go watch a play in the Roman arena. That's not going to show up on a GDP chart.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:56 PM (ZOv7s)
273
That chart is just so dishonest. I can’t defend it.
I support the broad strokes of what Trump is doing, globalization has hurt the Midwest, but this is being bungled and the markets are responding appropriately. People are going to care about factory jobs when their retirement gets wiped out.
Tariffs are taxes and it’s similar to when liberals promise some giant corporate tax increase will only be paid but the companies and not individuals.
Consumers will pay for all of these increases and they’ll be pissed off it they pay an extra $10k because they bought a Honda.
Posted by: Maroon at April 06, 2025 01:44 PM (ha7KS)
So, should we mark this down as a huge Trump mistake which will doom his Presidency? He seems to make a huge mistake which will doom him at least every three months.
I support the broad strokes of what Trump is doing, globalization has hurt the Midwest, but this is being bungled and the markets are responding appropriately. People are going to care about factory jobs when their retirement gets wiped out.
Tariffs are taxes and it’s similar to when liberals promise some giant corporate tax increase will only be paid but the companies and not individuals.
Consumers will pay for all of these increases and they’ll be pissed off it they pay an extra $10k because they bought a Honda.
Posted by: Maroon at April 06, 2025 01:44 PM (ha7KS)
So, should we mark this down as a huge Trump mistake which will doom his Presidency? He seems to make a huge mistake which will doom him at least every three months.
Posted by: I used to have a different nic at April 06, 2025 01:57 PM (ExV1e)
274
They make Hondas in America now, so no tariff.
I was getting concerned because I really like the Genesis brand, particularly the GV80. Unfortunately, only the GV70 is manufactured in the US (Montgomery AL).
Which is weird because I thought the land whale, which doesn't have much of a market outside Australia and the US would be one that is assembled here.
Maybe the GV80 will soon be on shored too. In the meantime, I keep telling myself to be patient, cars are almost always a depreciating asset.
I was getting concerned because I really like the Genesis brand, particularly the GV80. Unfortunately, only the GV70 is manufactured in the US (Montgomery AL).
Which is weird because I thought the land whale, which doesn't have much of a market outside Australia and the US would be one that is assembled here.
Maybe the GV80 will soon be on shored too. In the meantime, I keep telling myself to be patient, cars are almost always a depreciating asset.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:58 PM (a4flb)
275
Many of the cars assembled in the us will still have tariffs.
Mercedes for example manufactures some models in Alabama, but enough components come from Germany that it still gets hit.
Also, there is an arbitrage that means the Americans cars that escape tariffs will still see price increases. If your competition is forced to raise, their price 25%, you can now comfortably raise the price of your models another worry about the competition.
Vehicles across the board are going to see price increases. It will take years for global supply chains to change.
Mercedes for example manufactures some models in Alabama, but enough components come from Germany that it still gets hit.
Also, there is an arbitrage that means the Americans cars that escape tariffs will still see price increases. If your competition is forced to raise, their price 25%, you can now comfortably raise the price of your models another worry about the competition.
Vehicles across the board are going to see price increases. It will take years for global supply chains to change.
Posted by: Maroon at April 06, 2025 01:58 PM (ha7KS)
276
"Tariffs and market share do not have a one-to-one correspondence. For instance, if we place a 10% tariff on assless chaps from Canada, that doesn't necessarily mean a 10% reduction in domestic demand for that product."
"Assess chaps". That is...oddly specific, CBD.
"Assess chaps". That is...oddly specific, CBD.
Posted by: Darrell Harris at April 06, 2025 01:59 PM (21WYU)
277
That chart is just so dishonest. I can’t defend it.
Posted by: Maroon
=============
I don't know if it's dishonest; Trump is pretty transparently using deficits as proxies for tariffs. What I truly don't know is if it's good policy. Right now I'm crossing my fingers and trusting in guys like Bessent, Bill Ackman, others who say it'll shake out okay.
That chart is just so dishonest. I can’t defend it.
Posted by: Maroon
=============
I don't know if it's dishonest; Trump is pretty transparently using deficits as proxies for tariffs. What I truly don't know is if it's good policy. Right now I'm crossing my fingers and trusting in guys like Bessent, Bill Ackman, others who say it'll shake out okay.
Posted by: Blonde Morticia at April 06, 2025 01:59 PM (3izae)
278
They make Hondas in America now, so no tariff.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:51 PM (ZOv7s)
Honda's US assembly plants use parts that are produced in the US and in foreign countries. It will be interesting to see if the US applies a tariff revenue scheme on imported parts installed on vehicles built domestically.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 01:51 PM (ZOv7s)
Honda's US assembly plants use parts that are produced in the US and in foreign countries. It will be interesting to see if the US applies a tariff revenue scheme on imported parts installed on vehicles built domestically.
Posted by: mrp at April 06, 2025 01:59 PM (rj6Yv)
279
iAlready the market has lost something like 8 trillion in value, there’s not $8 trillion in factory jobs coming back to the US.
Yeah the big players on The Street are already postioning themselves to take advantage of this buying opportunity.
Once the get done profiting from all their puts and their hedge positions, they’ll go right back to the candy store to buy the securities they pumped and dumped.
Yeah the big players on The Street are already postioning themselves to take advantage of this buying opportunity.
Once the get done profiting from all their puts and their hedge positions, they’ll go right back to the candy store to buy the securities they pumped and dumped.
Posted by: kallisto at April 06, 2025 02:00 PM (teuEU)
280
The Land Rover is a fairly great vehicle for maybe the entire duration of it's lease, then it is a money pit because the whole thing descends into rapid, comprehensive and profoundly expensive entropy.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:53 PM (a4flb)
Again, some models justly earned that reputation - others have proven to be remarkably reliable.
The group of people who usually like to harp on Land Rover "unreliability" are Toyota owners (of which I am one). Probably because to the average Toyota fan, reliability is the only priority to them when it comes to car selection.
Posted by: Unknown Drip Under Pressure at April 06, 2025 01:53 PM (a4flb)
Again, some models justly earned that reputation - others have proven to be remarkably reliable.
The group of people who usually like to harp on Land Rover "unreliability" are Toyota owners (of which I am one). Probably because to the average Toyota fan, reliability is the only priority to them when it comes to car selection.
Posted by: Defenestratus at April 06, 2025 02:00 PM (WYStd)
281
So, should we mark this down as a huge Trump mistake which will doom his Presidency?
I want to know why the Biden junta (aka Obama's Third Term) doesn't get any blame for its real and easily measured inflationary and economically destructive policies.
Biden was pissing away hundred of billions on totally Leftist wants and needs the last couple months before slipping off into obscurity.
I want to know why the Biden junta (aka Obama's Third Term) doesn't get any blame for its real and easily measured inflationary and economically destructive policies.
Biden was pissing away hundred of billions on totally Leftist wants and needs the last couple months before slipping off into obscurity.
Posted by: Unknown Drip Under Pressure at April 06, 2025 02:00 PM (a4flb)
282
If you don't want to pay taxes on a class of products, don't buy those products! It's easy!
Posted by: Joey B. at April 06, 2025 02:00 PM (QSxJt)
283
Be very careful with the “if you have 3-4 million, why do you need 72 more” train of thought.
If I want it and work for it and bust my ass, it’s my right to “need” whatever my heart desires.
If I want it and work for it and bust my ass, it’s my right to “need” whatever my heart desires.
Posted by: nurse ratched at April 06, 2025 02:00 PM (mT+6a)
284
The Land Rover is a fairly great vehicle for maybe the entire duration of it's lease...
I don't lease (lazy, I guess). Buy a Toyota. Pay cash. Keep for 12 years, minimum.
I don't lease (lazy, I guess). Buy a Toyota. Pay cash. Keep for 12 years, minimum.
Posted by: I used to have a different nic at April 06, 2025 02:01 PM (ExV1e)
285
38 33 I'm not looking forward to this next week.
Many people including my family are losing a lot of money.
—
I haven’t lost a dime. Know why? Because I haven’t sold anything.
Posted by: Its Go Time Donald at April 06, 2025 12:23 PM (Jay3
This is important. My wife is going crazy over the tariffs, and asking me to look at our 401k (so I'll freak out too). I said I don't look at it when things are bad, only to get a happiness bump when things are good. Until we need it it's all just virtual money.
That said, there is real and legitimate fear for people using those 401k and wondering how long it will take before the market comes back. I agree with the folks wishing the admin would do a better job explaining their thinking. And I'm not (I don't think so anyway) falling on the dem's "messaging is our only problem". I think they do a fine job of messaging their positions, their positions are just shite.
Many people including my family are losing a lot of money.
—
I haven’t lost a dime. Know why? Because I haven’t sold anything.
Posted by: Its Go Time Donald at April 06, 2025 12:23 PM (Jay3
This is important. My wife is going crazy over the tariffs, and asking me to look at our 401k (so I'll freak out too). I said I don't look at it when things are bad, only to get a happiness bump when things are good. Until we need it it's all just virtual money.
That said, there is real and legitimate fear for people using those 401k and wondering how long it will take before the market comes back. I agree with the folks wishing the admin would do a better job explaining their thinking. And I'm not (I don't think so anyway) falling on the dem's "messaging is our only problem". I think they do a fine job of messaging their positions, their positions are just shite.
Posted by: Dr. Fausti - I WAS The Science at April 06, 2025 02:01 PM (lg881)
286
71 anyone having problems with the page reloading?
Posted by: olddog in mo at April 06, 2025 12:36 PM (hoCmQ)
----
It's because of cocktail hour in France.
Posted by: olddog in mo at April 06, 2025 12:36 PM (hoCmQ)
----
It's because of cocktail hour in France.
Posted by: Ciampino - Hentail hour? at April 06, 2025 02:01 PM (sPQoU)
287
Jaguar Land Rover quit being a status symbol here years ago. Jaguar used make pretty cars. They're all in on teh ghey now.
Land Rover basically sells their trucks to Hollywood to use in movies. That's about the only place I see them anyway.
If they think they'll make ends meet selling them in the Middle East and China... go for it.*
*they won't make ends meet.
Posted by: Martini Farmer at April 06, 2025 01:33 PM (Q4IgG)
Cadillac's done the same IMO. I used to love their angular, aggressive look. Now you can't tell them apart from any of the bog standard Lexus/Mercedes etc/etc.
Land Rover basically sells their trucks to Hollywood to use in movies. That's about the only place I see them anyway.
If they think they'll make ends meet selling them in the Middle East and China... go for it.*
*they won't make ends meet.
Posted by: Martini Farmer at April 06, 2025 01:33 PM (Q4IgG)
Cadillac's done the same IMO. I used to love their angular, aggressive look. Now you can't tell them apart from any of the bog standard Lexus/Mercedes etc/etc.
Posted by: Chairborne!...Desk From Above! at April 06, 2025 02:01 PM (ClxgD)
288
>>>Do we need to manufacture this low-level stuff in the US?
Don't go down my throat; I'm just asking.
Posted by: Blonde Morticia
---
Did you see the 1996 Pelosi clip? If you haven't I'll drag it up for you.
In it she states that China is building Boeing's complete tail section. Also that Boeing had to give up all tech specs and and tooling so they could replicate that and incorporate it into their own.
Solid, but different than before, jobs are going to come back.
Also national security.
Don't go down my throat; I'm just asking.
Posted by: Blonde Morticia
---
Did you see the 1996 Pelosi clip? If you haven't I'll drag it up for you.
In it she states that China is building Boeing's complete tail section. Also that Boeing had to give up all tech specs and and tooling so they could replicate that and incorporate it into their own.
Solid, but different than before, jobs are going to come back.
Also national security.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 02:01 PM (5LCqK)
289
I really like the Genesis brand, particularly the GV80.
Heh, I just looked up the GV80, and there was this:
2025 Genesis GV80 Coupe
From $79,950
MPG: Up to 18 city / 22 highway
What does that even mean? When you're going downhill?
Heh, I just looked up the GV80, and there was this:
2025 Genesis GV80 Coupe
From $79,950
MPG: Up to 18 city / 22 highway
What does that even mean? When you're going downhill?
Posted by: Archimedes at April 06, 2025 02:02 PM (xCA6C)
290
277
That chart is just so dishonest. I can’t defend it.
Posted by: Maroon
=============
I don't know if it's dishonest; Trump is pretty transparently using deficits as proxies for tariffs. What I truly don't know is if it's good policy. Right now I'm crossing my fingers and trusting in guys like Bessent, Bill Ackman, others who say it'll shake out okay.
Posted by: Blonde Morticia at April 06, 2025 01:59 PM (3izae)
Crude prices dropped last week. Even some Leftists will love the gas price reduction coming in a week or two.
That chart is just so dishonest. I can’t defend it.
Posted by: Maroon
=============
I don't know if it's dishonest; Trump is pretty transparently using deficits as proxies for tariffs. What I truly don't know is if it's good policy. Right now I'm crossing my fingers and trusting in guys like Bessent, Bill Ackman, others who say it'll shake out okay.
Posted by: Blonde Morticia at April 06, 2025 01:59 PM (3izae)
Crude prices dropped last week. Even some Leftists will love the gas price reduction coming in a week or two.
Posted by: Gref at April 06, 2025 02:02 PM (aBgBM)
291
Foreign competition is not always a bad thing.
Had the UAW had its way, they would have taxed Japanese imports out of business. And we’d be stuck big Big 3 crap that falls apart.
The traditional big 3 companies, ford GM and Chrysler are crap products l
Had the UAW had its way, they would have taxed Japanese imports out of business. And we’d be stuck big Big 3 crap that falls apart.
The traditional big 3 companies, ford GM and Chrysler are crap products l
Posted by: Maroon at April 06, 2025 02:03 PM (ha7KS)
292
You are speaking nonsense.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 01:52 PM (UUa/N)
---
Explain to me how Europe increases the amount of available water? Do they boost water production?
American bathing habits are not the global norm and it's a silly point to make when talking about economic measures.
A better apples-to-apples comparison is steel production, or public debt. The UK just closed its last steel mills (which are Chinese-owned, of course). That's a real issue.
Arguing that a redneck in a double-wide with a 40 gallon water heater, a window A/C and a pickup truck is objectively more affluent than someone living in a historic city center with less floor space but a stunning view of the cathedral is a bit of a stretch.
Posted by: CharlieBrown'sDildo (with a beret and a Gauloises) at April 06, 2025 01:52 PM (UUa/N)
---
Explain to me how Europe increases the amount of available water? Do they boost water production?
American bathing habits are not the global norm and it's a silly point to make when talking about economic measures.
A better apples-to-apples comparison is steel production, or public debt. The UK just closed its last steel mills (which are Chinese-owned, of course). That's a real issue.
Arguing that a redneck in a double-wide with a 40 gallon water heater, a window A/C and a pickup truck is objectively more affluent than someone living in a historic city center with less floor space but a stunning view of the cathedral is a bit of a stretch.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 02:03 PM (ZOv7s)
293
Vehicles across the board are going to see price increases. It will take years for global supply chains to change.
Posted by: Maroon at April 06, 2025 01:58 PM (ha7KS)
I keep being told that I am a moron (not in the endearing AoSHQ way) for saying this.
If you take a look at the WSJ (hold your nose) video where they broke down the components in a F150 that is made in America - it has parts that are made and assembled in several countries... mostly Canada. A single half-shaft crosses the US/Canada border something like 7 times during its manufacturing process before it can be installed into the vehicle.
There's no way to move that kind of process within months. Maybe even years.
Posted by: Maroon at April 06, 2025 01:58 PM (ha7KS)
I keep being told that I am a moron (not in the endearing AoSHQ way) for saying this.
If you take a look at the WSJ (hold your nose) video where they broke down the components in a F150 that is made in America - it has parts that are made and assembled in several countries... mostly Canada. A single half-shaft crosses the US/Canada border something like 7 times during its manufacturing process before it can be installed into the vehicle.
There's no way to move that kind of process within months. Maybe even years.
Posted by: Defenestratus at April 06, 2025 02:04 PM (WYStd)
294
Frog FWP is up
Posted by: Martini Farmer at April 06, 2025 02:04 PM (Q4IgG)
295
Crude prices dropped last week. Even some Leftists will love the gas price reduction coming in a week or two.
Posted by: Gref at April 06, 2025 02:02 PM (aBgBM)
Gas here in NorCal went up last week to $5 .09...
Crude prices dropped last week. Even some Leftists will love the gas price reduction coming in a week or two.
Posted by: Gref at April 06, 2025 02:02 PM (aBgBM)
Gas here in NorCal went up last week to $5 .09...
Posted by: It's me donna at April 06, 2025 02:04 PM (VE6XX)
296
When I worked in a machine shop the floor was covered with oil & shavings, it was a tin building with a bay door at each end for ventilation. Each machine had a light so that one may see his work.
Today machine shops more closely resemble an operating room than a sweat shop.
Today machine shops more closely resemble an operating room than a sweat shop.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 02:04 PM (5LCqK)
297
nood about French wall switches or something
Posted by: Gref at April 06, 2025 02:05 PM (aBgBM)
Posted by: Grump928(C) at April 06, 2025 02:05 PM (jc0TO)
299
Do we need to manufacture this low-level stuff in the US?
The US has recently added tens of millions of semi-functional retards to complement the retards that our domestic education cartels have produced.
Low-level stuff is their forté. I don't some mouth breather assembling anything more complicated than a broom handle to a brush.
The US has recently added tens of millions of semi-functional retards to complement the retards that our domestic education cartels have produced.
Low-level stuff is their forté. I don't some mouth breather assembling anything more complicated than a broom handle to a brush.
Posted by: Unknown Drip Under Pressure at April 06, 2025 02:05 PM (a4flb)
300
A lot of these countries have already been approaching Trump and are willing to drop tariffs because they'll be economically destroyed without the US market.
There was a guy on one network who commented that historically, tariffs hurt the people who were on the plus side of trade deficits.
The US isn't on the plus side to probably any nation. It's all the other countries that have to worry. Party time is over. As it should be.
There was a guy on one network who commented that historically, tariffs hurt the people who were on the plus side of trade deficits.
The US isn't on the plus side to probably any nation. It's all the other countries that have to worry. Party time is over. As it should be.
Posted by: Stateless...89% - mental state clawing up from 10% at April 06, 2025 02:05 PM (jvJvP)
301
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
Posted by: redridinghood
---
Best part was Karen telling the guy, "Where's your handout?"
https://tinyurl.com/msewendw
Posted by: redridinghood
---
Best part was Karen telling the guy, "Where's your handout?"
Posted by: screaming in digital at April 06, 2025 02:05 PM (Szews)
302
Be very careful with the “if you have 3-4 million, why do you need 72 more” train of thought.
If I want it and work for it and bust my ass, it’s my right to “need” whatever my heart desires.
Posted by: nurse ratched
==============
Very true, nurse. I'm reading "You don't NEED Nikes, you know; we make athletic shoes in America." I don't like the idea that you can't buy this or that product in America anymore because of these restrictions. Go to Canada or Mexico, maybe. Fewer brands on the shelves. People at this very blog have talked about foreigners coming in and being gobsmacked at the variety of things they can buy in a supermarket. That's the way it should be.
Be very careful with the “if you have 3-4 million, why do you need 72 more” train of thought.
If I want it and work for it and bust my ass, it’s my right to “need” whatever my heart desires.
Posted by: nurse ratched
==============
Very true, nurse. I'm reading "You don't NEED Nikes, you know; we make athletic shoes in America." I don't like the idea that you can't buy this or that product in America anymore because of these restrictions. Go to Canada or Mexico, maybe. Fewer brands on the shelves. People at this very blog have talked about foreigners coming in and being gobsmacked at the variety of things they can buy in a supermarket. That's the way it should be.
Posted by: Blonde Morticia at April 06, 2025 02:06 PM (3izae)
303
If I want it and work for it and bust my ass, it’s my right to “need” whatever my heart desires.
Posted by: nurse ratched at April 06, 2025 02:00 PM (mT+6a)
Correct. The stupidest phrase in history was "From each according to his abilities, to each according to his needs."
Posted by: nurse ratched at April 06, 2025 02:00 PM (mT+6a)
Correct. The stupidest phrase in history was "From each according to his abilities, to each according to his needs."
Posted by: The Truth at April 06, 2025 02:06 PM (R/m4+)
304
I want to know why the Biden junta (aka Obama's Third Term) doesn't get any blame for its real and easily measured inflationary and economically destructive policies.
I used to wonder how my retirement acct kept gaining value when the economy was in the sh!ter.
I figured it was funny money, and that in fact did turn out to be the case.
I used to wonder how my retirement acct kept gaining value when the economy was in the sh!ter.
I figured it was funny money, and that in fact did turn out to be the case.
Posted by: kallisto at April 06, 2025 02:06 PM (teuEU)
305
assless chaps >> widgets in explaining economics and business!
Posted by: Jukin the Deplorable a Clear and Present Danger at April 06, 2025 02:06 PM (17s+e)
Posted by: DaveA at April 06, 2025 02:07 PM (FhXTo)
307
>>>Arguing that a redneck in a double-wide with a 40 gallon water heater, a window A/C and a pickup truck is objectively more affluent than someone living in a historic city center with less floor space but a stunning view of the cathedral is a bit of a stretch.
Posted by: Ace-Endorsed Author A.H. Lloyd
---
That' awkward.
Posted by: Ace-Endorsed Author A.H. Lloyd
---
That' awkward.
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 02:07 PM (5LCqK)
308
Here’s What Trump Said to Kamala During Her Concession Call
"You're a tough cookie," Trump told her. “You were really great. And that Doug — what a character! I love that guy.”
-
I'd've preferred, "Kamala, you ignorant slut!" But whatever, dude.
Team Kamala's response: One aide, displaying the paranoia typical of the Democratic establishment, complained, "Honestly, I felt like, what is this? It's so manipulative. He's a sociopath.”
"You're a tough cookie," Trump told her. “You were really great. And that Doug — what a character! I love that guy.”
-
I'd've preferred, "Kamala, you ignorant slut!" But whatever, dude.
Team Kamala's response: One aide, displaying the paranoia typical of the Democratic establishment, complained, "Honestly, I felt like, what is this? It's so manipulative. He's a sociopath.”
Posted by: Anonosaurus Wrecks, Soldier of the Persistence at April 06, 2025 02:08 PM (L/fGl)
309
I don't know if it's dishonest; Trump is pretty transparently using deficits as proxies for tariffs. What I truly don't know is if it's good policy. Right now I'm crossing my fingers and trusting in guys like Bessent, Bill Ackman, others who say it'll shake out okay.
Posted by: Blonde Morticia at April 06, 2025 01:59 PM (3izae)
---
I read your essay. Interesting and harrowing. You touched on faith near the end and I think that's really the decisive point. In a world where religion is mocked and marginalized, we lose a vital source of comfort but also reality that can keep us grounded.
Accepting the greatness, the vastness of God is hugely humbling, and acts as a check upon a lot of those impulses, as well as providing a firm moral compass.
Posted by: Blonde Morticia at April 06, 2025 01:59 PM (3izae)
---
I read your essay. Interesting and harrowing. You touched on faith near the end and I think that's really the decisive point. In a world where religion is mocked and marginalized, we lose a vital source of comfort but also reality that can keep us grounded.
Accepting the greatness, the vastness of God is hugely humbling, and acts as a check upon a lot of those impulses, as well as providing a firm moral compass.
Posted by: Ace-Endorsed Author A.H. Lloyd at April 06, 2025 02:09 PM (ZOv7s)
310
When the barriers to building a new generation of nuclear plants were relaxed (both licensing and economic) under the Obama administration, a “nuclear renaissance” was widely declared. It cratered almost immediately. One problem was the financial incentives were heavily weighted towards the first project or two that was approved, and fell off rapidly afterwards. Another problem was that the First of a Kind engineering problems that were assumed to have been solved by the Chinese construction of AP1000s did not translate to US construction.
By far the biggest problem in building new nuclear plants (and is still with us today) was the lack of steel mills and foundries that could make and machine the necessary forgings for pressure vessels and steam generators. Japan could provide them, but with lead times of years. The bottleneck in production of critical components put huge economic pressure on the construction schedules, and all but one or possibly two projects were indefinitely postponed.
Critical industries, and the lack thereof, echo throughout the economy. It’s not *just* steel, it’s what we can’t build without it. It really is national security.
By far the biggest problem in building new nuclear plants (and is still with us today) was the lack of steel mills and foundries that could make and machine the necessary forgings for pressure vessels and steam generators. Japan could provide them, but with lead times of years. The bottleneck in production of critical components put huge economic pressure on the construction schedules, and all but one or possibly two projects were indefinitely postponed.
Critical industries, and the lack thereof, echo throughout the economy. It’s not *just* steel, it’s what we can’t build without it. It really is national security.
Posted by: Advo at April 06, 2025 02:10 PM (jO4mz)
311
Be very careful with the “if you have 3-4 million, why do you need 72 more” train of thought.
If I want it and work for it and bust my ass, it’s my right to “need” whatever my heart desires.
Posted by: nurse ratched
I don't really care, Margaret.
If I want it and work for it and bust my ass, it’s my right to “need” whatever my heart desires.
Posted by: nurse ratched
I don't really care, Margaret.
Posted by: Madame Mayhem (uppity wench) at April 06, 2025 02:10 PM (4XwPj)
312
Save up and buy a Jet Jaguar.
Posted by: Bertram Cabot, Jr. at April 06, 2025 02:11 PM (63Dwl)
313
reciprocal tariffs are not the repeat of Smoot-Hawley Tariff Act.
Posted by: AZ deplorable moron at April 06, 2025 02:12 PM (ZLe6e)
Posted by: Notsothoreau at April 06, 2025 02:13 PM (cvWHI)
315
I am down about 1% overall, will see what next week brings.
Hopefully I can wait until after Easter to set my hair on fire.
Hopefully I can wait until after Easter to set my hair on fire.
Posted by: Grump928(C) at April 06, 2025 02:14 PM (jc0TO)
316
It wasn't Smoot-Hawley it was all the tariffs that followed.
~Smoot-Hawley was great let's do more~
~Smoot-Hawley was great let's do more~
Posted by: Braenyard - some Absent Friends are more equal than others _ at April 06, 2025 02:14 PM (5LCqK)
317
By far the biggest problem in building new nuclear plants (and is still with us today) was the lack of steel mills and foundries that could make and machine the necessary forgings for pressure vessels and steam generators. Japan could provide them, but with lead times of years. The bottleneck in production of critical components put huge economic pressure on the construction schedules, and all but one or possibly two projects were indefinitely postponed.
Critical industries, and the lack thereof, echo throughout the economy. It’s not *just* steel, it’s what we can’t build without it. It really is national security.
Posted by: Advo
===
We go to a lake in the high Sierras every summer. It supplies hydro electric power and the pipes feeding the generators have a SWASTIKA stamp because only they could provide the high quality steel for the high pressures at the time in the early mid 30s. 80+ years and they are still working.
Critical industries, and the lack thereof, echo throughout the economy. It’s not *just* steel, it’s what we can’t build without it. It really is national security.
Posted by: Advo
===
We go to a lake in the high Sierras every summer. It supplies hydro electric power and the pipes feeding the generators have a SWASTIKA stamp because only they could provide the high quality steel for the high pressures at the time in the early mid 30s. 80+ years and they are still working.
Posted by: Jukin the Deplorable a Clear and Present Danger at April 06, 2025 02:16 PM (17s+e)
318
He had to read the paper he was given to understand the sign he was holding 🤦♂️
https://tinyurl.com/msewendw
Posted by: redridinghood
---
Best part was Karen telling the guy, "Where's your handout?"
Posted by: screaming in digital
==
A real Tampon Timmy kind of manly man.
https://tinyurl.com/msewendw
Posted by: redridinghood
---
Best part was Karen telling the guy, "Where's your handout?"
Posted by: screaming in digital
==
A real Tampon Timmy kind of manly man.
Posted by: Jukin the Deplorable a Clear and Present Danger at April 06, 2025 02:18 PM (17s+e)
319
The greedheads amaze me.
"I'm losing a lot of money... wah, wah...".
People complain that everything is going to shit but don't touch my virtual wallet.
That's not real money folks. Not based on value anyway.
If you are that freaked out about your invisible pile of cash taking a hit you should consider using it to obtain things of real value. It's up to you you detriment what they are but relying on a 401K to be your only investment is leaving you to just blow in the wind.
"I'm losing a lot of money... wah, wah...".
People complain that everything is going to shit but don't touch my virtual wallet.
That's not real money folks. Not based on value anyway.
If you are that freaked out about your invisible pile of cash taking a hit you should consider using it to obtain things of real value. It's up to you you detriment what they are but relying on a 401K to be your only investment is leaving you to just blow in the wind.
Posted by: pawn at April 06, 2025 02:19 PM (QB+5g)
320
reciprocal tariffs are not the repeat of Smoot-Hawley Tariff Act.
Posted by: AZ deplorable moron at April 06, 2025 02:12 PM (ZLe6e)
**************************************
These tariffs aren't reciprocal, even aside from the 10% minimum rate. They appear to have been created by people operating under the logic that every pair of countries should have zero net exports with each other. Countries that have a trade deficit with the United States still have a 10% tariff imposed on them. Countries with no tariffs on imports from the United States and that happen to have a trade surplus with the United States have higher than 10% tariffs imposed on them.
Posted by: AZ deplorable moron at April 06, 2025 02:12 PM (ZLe6e)
**************************************
These tariffs aren't reciprocal, even aside from the 10% minimum rate. They appear to have been created by people operating under the logic that every pair of countries should have zero net exports with each other. Countries that have a trade deficit with the United States still have a 10% tariff imposed on them. Countries with no tariffs on imports from the United States and that happen to have a trade surplus with the United States have higher than 10% tariffs imposed on them.
Posted by: Joey B. at April 06, 2025 02:19 PM (QSxJt)
321
162
' but they also force dollarization and a reduction in Treasury rates, which is absolutely necessary for us to refinance our debt.'
Doesn't that depend on the Fed Chairman who might decide that he doesn't want to lower rates?
' but they also force dollarization and a reduction in Treasury rates, which is absolutely necessary for us to refinance our debt.'
Doesn't that depend on the Fed Chairman who might decide that he doesn't want to lower rates?
Posted by: Dr. Claw at April 06, 2025 02:21 PM (3wi/L)
322
Hopefully I can wait until after Easter to set my hair on fire.
It’s in our human nature to be reactionary, especially when we perceive our survival is threatened.
But let’s try to un-enslave ourselves from our limbic systems and fire up the more advanced areas of our brain.
A good start would be to remember that Trump and his financial advisors have wargamed all of this. They are Very Stable Geniuses in the world of finance, so you know, maybe we should all calm our tits for a moment.
This comment is not directed to you specifically, I’m just contemplating the angst of the moment.
It’s in our human nature to be reactionary, especially when we perceive our survival is threatened.
But let’s try to un-enslave ourselves from our limbic systems and fire up the more advanced areas of our brain.
A good start would be to remember that Trump and his financial advisors have wargamed all of this. They are Very Stable Geniuses in the world of finance, so you know, maybe we should all calm our tits for a moment.
This comment is not directed to you specifically, I’m just contemplating the angst of the moment.
Posted by: kallisto at April 06, 2025 02:22 PM (teuEU)
323
The European appliances and toilet fixtures are crap. They do have good flushing volumes as a rule, so that's a good thing.
Posted by: javems at April 06, 2025 02:25 PM (8I4hW)
324
I don’t think I really deserved a “fuck off,”
But, whatever.
But, whatever.
Posted by: nurse ratched at April 06, 2025 02:28 PM (xZri3)
325
Had the UAW had its way, they would have taxed Japanese imports out of business. And we’d be stuck big Big 3 crap that falls apart.
The traditional big 3 companies, ford GM and Chrysler are crap products l
Posted by: Maroon
The Big 3 had significant ownership of the Jap big three since end of WWII. Spoils and all that. The were going to make either way.
The traditional big 3 companies, ford GM and Chrysler are crap products l
Posted by: Maroon
The Big 3 had significant ownership of the Jap big three since end of WWII. Spoils and all that. The were going to make either way.
Posted by: Itinerant Alley Butcher at April 06, 2025 02:47 PM (/lPRQ)
326
This all reminds me of an excellent series I have watched on YouTube. It's called War Factories. The premise is wars (think WWII) aren't won just because of bullets, bombs, hand grenades, etc. Wars are won because the USA out produced the Axis powers. Factories!
Posted by: Guillermo at April 06, 2025 03:46 PM (558mO)
327
I think his communication with the American people has been lacking. I hope that in the near future he lays out his plans, explains the potential downside, and more importantly explains the tremendous upside of an all-encompassing trade policy that favors America over all other nations.
- CBD
Agreed.
Trump explained a little in his Congressional speech, he warned the farmers to start growing for the American market for a reason, but it's not the real detail needed.
He likes to break out charts and graphs, a lot.
Do an oval office Ross Perot type infomercial to explain to the American people what the overall plan is, explain why this is so important not just to the economy but also to the financial health of the U.S. government.
It's fine to send out subordinates to do the news rounds but that is nowhere near the audience a presidential speech gets.
- CBD
Agreed.
Trump explained a little in his Congressional speech, he warned the farmers to start growing for the American market for a reason, but it's not the real detail needed.
He likes to break out charts and graphs, a lot.
Do an oval office Ross Perot type infomercial to explain to the American people what the overall plan is, explain why this is so important not just to the economy but also to the financial health of the U.S. government.
It's fine to send out subordinates to do the news rounds but that is nowhere near the audience a presidential speech gets.
Posted by: SpeakingOf at April 06, 2025 03:52 PM (6ydKt)
328
I haven’t lost a dime. Know why? Because I haven’t sold anything.
Posted by: Its Go Time Donald at April 06, 2025 12:23 PM (Jay3
Okay, but if your net worth last week was $75M and this week is millions less, you feel that, esp when you have things set up in different areas and live off interest, etc. Selling in a panic isn’t great, obviously, but pretending that isn’t a real loss also isn’t accurate.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
==
It isn't a real loss. To suggest it is, is to feelz. Feelz is not a proper attitude in investments. Professionals have been doing targeted investing buying at a discount thanks to people who consider the losses real.
We've been in a low grade recession since the middle of 22 and perhaps earlier. We just had the first real good jobs report in two years - we will see if the revisions hold up.
Hang on Piper. This is a time to buy. Smart money is doing that - dumb money is worrying.
Posted by: Its Go Time Donald at April 06, 2025 12:23 PM (Jay3
Okay, but if your net worth last week was $75M and this week is millions less, you feel that, esp when you have things set up in different areas and live off interest, etc. Selling in a panic isn’t great, obviously, but pretending that isn’t a real loss also isn’t accurate.
Posted by: Piper at April 06, 2025 12:30 PM (QzINz)
==
It isn't a real loss. To suggest it is, is to feelz. Feelz is not a proper attitude in investments. Professionals have been doing targeted investing buying at a discount thanks to people who consider the losses real.
We've been in a low grade recession since the middle of 22 and perhaps earlier. We just had the first real good jobs report in two years - we will see if the revisions hold up.
Hang on Piper. This is a time to buy. Smart money is doing that - dumb money is worrying.
Posted by: Black JEM at April 06, 2025 04:12 PM (uLt48)
329
Feelz is not a proper attitude in investments. Professionals have been doing targeted investing buying at a discount thanks to people who consider the losses real.
We've been in a low grade recession since the middle of 22 and perhaps earlier. We just had the first real good jobs report in two years - we will see if the revisions hold up.
Hang on Piper. This is a time to buy. Smart money is doing that - dumb money is worrying.
Posted by: Black JEM at April 06, 2025 04:12 PM
--------------
Well stated. Stock markets fluctuate and the current fluctuations are nothing unusual. If you can't deal with this emotionally stick with fixed income investments. Money you need to live on within the next 5 years shouldn't be in stocks anyway.
We've been in a low grade recession since the middle of 22 and perhaps earlier. We just had the first real good jobs report in two years - we will see if the revisions hold up.
Hang on Piper. This is a time to buy. Smart money is doing that - dumb money is worrying.
Posted by: Black JEM at April 06, 2025 04:12 PM
--------------
Well stated. Stock markets fluctuate and the current fluctuations are nothing unusual. If you can't deal with this emotionally stick with fixed income investments. Money you need to live on within the next 5 years shouldn't be in stocks anyway.
Posted by: Bigsmith at April 06, 2025 05:00 PM (1Au9i)
330
Professionals have been doing targeted investing buying at a discount thanks to people who consider the losses real.
ding ding ding!
ding ding ding!
Posted by: kallisto at April 06, 2025 06:25 PM (teuEU)
331
Had to check in on you freaks.
Trump is crashing American markets and retirements while golfing with the 9/11 people and blowing off dead soldiers.
All for his dumb af leftist bs economic theory.
And the maga f;ing morons don't care.
Well guess what- normal people who aren't shut-ins in a cult will be caring.
Y'all gave the party and country to a malignant idiot, and now you'll get to whine about Democrats in power for years and years- some, like Ace, for profit.
Trump is crashing American markets and retirements while golfing with the 9/11 people and blowing off dead soldiers.
All for his dumb af leftist bs economic theory.
And the maga f;ing morons don't care.
Well guess what- normal people who aren't shut-ins in a cult will be caring.
Y'all gave the party and country to a malignant idiot, and now you'll get to whine about Democrats in power for years and years- some, like Ace, for profit.
Posted by: scotta at April 06, 2025 11:37 PM (tXmZo)
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