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SBL: Correct. About $4T added each year. The MAGA Republican members of the House, led by Matt Gaetz, are the only thing standing between the possibility of balancing the budget and disaster. And, by the way, the Biden Administration wants to take Russian owned U.S. Treasury bonds (seize them) and use the proceeds to give to Zelenskyy to fund the endless war.
If they get away with it, no country will want to own U.S. debt, fearing the U.S. Government could seize it if it took a notion to do so. If the U.S. seizes Russia's U.S debt, expect the dollar to crash Argentina style.
The Harvard board is infested. Get a load of this:
Are we surprised? https://www.dailymail.co.uk/news/article-12922517/bill-ackman-denies-racism-claudine-gay-harvard-resignation-twitter.html
I greatly respect Bill Ackman.
lj: BOIL
So, I should sell now, I guess. The mainstream media, which I don't believe, says they are drilling like crazy in Tejas, which means they are fracking, fracking, fracking.
lj: No. We won't need to worry about the supply chain until China goes for Formosa.
Which reminds me, I am WAY behind on prepping.
lj: I filled up today and was the only car in the station. Payed $3.09 for 87 octane, which, imo, is a ripoff.
Will watch VLO closely. BOIL and XOM each had a good market day.
Only 11 months until DD and Arizona jump out of the 20th story window! LOL!
Gmenfan: I didn't see this at the Daily Mail. Thank you for sharing.
I cannot get over that big goon beating up the fast-food worker because he didn't get extra chicken.
Or those big goons kicking and beating the cognitively-impaired senior man who went to their car by mistake on the parking lot. That really turned everyone's stomachs.
All I can say is, free Derek Chauvin. We need more officers like him on the streets. He was railroaded. He was following standard operating procedure, and the Marxists pounced.
SkeBallLarry: If he had gone to California instead, Gavin would give him medical benefits and he would be a happy camper and could put away his machete. Trump is making noises about sending every illegal home. It would take a military operation and would last a decade. This country is so far down the drain it is scary.
Gmenfan: If that were to happen, civil war. Chaos. Tucker and Bannon shouldn't even put that out there. It gives nuts ideas.
researcher59: HALO
Thank you. I started a small position. If I buy shares for $35-36, I'll get a decent position.
My price target is $45.
In 2024, I plan to do fewer options (my calls have been a disaster) and more swing trades.
In November, missed out on a what would have been a very profitable trade of TGT. Hindsight is 20-20.
Happy New Year.
But will he get extra chicken in jail?
https://www.oann.com/newsroom/female-chipotle-employee-beaten-by-enraged-couple-over-extra-chicken-charge/
Gavin Newsom definitely is not a serious candidate for President:
https://www.dailymail.co.uk/news/article-12916381/California-state-offer-health-insurance-illegal-migrants-Taxpayers-forced-fork-3-1BN-medical-care-extra-700-000-people-1-1.html
Gmenfan: The best came last: "Heroically stayed alive to save America from a Kamala Harris Presidency: We salute you, Mr. Biden!"
Gmenfan: A hoot! The planet cleans itself!
Happy New Year, y'all!
lj: The outcome of tomorrow's Ravens game will determine home-team advantage in the playoffs. Baltimore can use all of the extra money they can get!
lj: That was a long game for Florida State fans!
La Cima:
Strictly comic relief!
SSKILLZ1: Thank you for the hard work. Quite a large number of unique picks!
DD: I'll consult with my leader on Rumble to see what he says! LOL! So, DD, since Biden definitely will not be the Dem candidate, who do U think it will be?
al44: Thank you for all of the wonderful postings today. A very enjoyable thread.
DD: that post could get your committed to a looney bin. It makes no sense whatsoever. Clarification, please.
al44: That is a hoot and a holler! The child with the toy was the perfect ending.
al44: We know the Pfizer vax ALLEGEDLY contained monkey protein that is the culprit.
But first I'd want to see what happens in Israel. Nearly the entire country got the Pfizer vax.
wadegarret: The U.S. Government can flood all of the liquidity it wants into the economy, but it will benefit the investor class and now too many other people, especially the working stiff on the lower end of the wage scale.
Sen. McCarthy was a great patriot! And he was 100 percent correct about the Communist rot in Hollywood and beyond.
RIP Senator McCarthy. People of your ilk vilify McCarthy exactly because he was anti-Communist. Your side has been running a propaganda campaign vilifying him since the 1950's. Sorry, it is transparent where it is coming from. The old USSR!
Roy Cohn was the mentor of the greatest President since George Washington!
al44: I am sick of hearing this stuff. It is time for impeachments. Now Chicago wants to give the illegals citizenship?
They have zero authority to do that. If the Republicans don't make immigration the #1 issue next year, they deserve to lose.
lj: Enjoy the games, but don't wear out your eyes! NFL news: Ravens play on Sunday afternoon, at 1:00 EST, I believe, but it might be a half hour or so later. They were on the schedule for Sunday night football, but Maryland's Governor got the NFL to move the game time because M&T Stadium is located in the vicinity of Baltimore's Inner Harbor, where there is a big fireworks display at midnight. The dopey mayor of Baltimore wanted the game time to remain at 8:00 p.m.!
lj: My understanding is that Vietnam and Mexico are starting to eat into China's manufacturing dominance.
Wages have risen in China. The slave labor is now available in Vietnam and Mexico, I guess.
On another topic, its seems that the U.S. has cut off the money spigot that Ukraine has had access to to the tune of maybe $160B or more? Zelensky is now recruiting men up to age 64 to fight. The war is now a joke.
Negotiating a piece is going to be a mess, because some European body has declared Putin to be a war criminal.
The rumor is that negotiations are already underway behind Zelensky's back.
2024 should be an interesting year geopolitically and here.
lj: Well, the Saudis are not going to sell oil to China in U.S. Dollars. The end of the petrodollar is near.
The countries that trade oil don't trust the U.S. dollar due to the insane Federal debt. The U.S. dollar might lose half of its value in the next year or two. Mark my words.)
OT: The price of the Evian water I buy for my pooch is going to go up. It is imported from France.
Fortunately, the price of his ground sirloin is stable (96 percent fat free).
The day might come when I have to switch to Deer Park spring water for him.
I drink the cheapest bottled spring water (gallon jugs) and eat a cheaper grade of ground beef!)
lj: I was aware of the taxation issue. Southern States imported a lot of goods from England that were taxed.
But slavery was a very big issue. If slavery were eliminated, the wealth of the people who controlled Southern States would be greatly diminished. No free labor, no big profits.
I think there is a parallel situation now, between the power center of the North, New York City, and the power center of the South, Houston. I have thought for quite a while that this is behind the attack on fossil fuels. Take down fossil fuels, take down Texas. Actually, it might be as plain as the nose on your face.
lj: The cheap oil, not only from Russia, but from Iran, might be the reason that the China's economy has not gone totally in the tank! The U.S.'s economy still has a symbiotic relationship with China, so I guess the cheap oil is a silver lining for the U.S. in an odd way.
lj: Yikes! 42 points. Amazing, really.
r59: EV's are selling better in the controlled EU countries and China. Not a surprise there, Vern.
For one thing, petrol prices in Europe are ridiculous. China has a vested interest in pushing EV's because they dominate manufacturing of EV's.
Unless the U.S. starts building nuke plants right and left, EV's are not going to cut the mustard in the U.S.
Gmenfan: No meat. Fake meat only. They'd love to legislate that.
Talk about tyranny. The State can mandate stores to sell a specific type of toy?
This is unbelievable, even for California. https://www.oann.com/newsroom/new-calif-law-requires-gender-neutral-toy-sections-at-major-retail-shops/
lj: The flow of inflated money into the stock market should increase the IRS harvest in April. That will keep things running for a while. What happens in 2024 won't turbocharge the deficit until 2025. I believe the deficit will be $4T next year--$1T a quarter.
Because it is election year, RINO Republicans will thwart MAGA Republicans' efforts to make a meaningful dent in the spending. Things will be very interesting when Congress returns during the second week of January.
Only public school teachers get more time off!
DD: So, when there is no defense, Dems come up with very lame nonsense. That post is laughable.
NYBob: Very nice.
Let Desert Drifter put this in his or her pipe and smoke it!
https://www.dailymail.co.uk/news/texas/article-12901403/US-border-migrant-caravan-arrivals-march-video-photos.html I believe DD is an open-border denier. Does he or she ever have egg or his or her face, or their face.