Jump to content

Ghost of LL

Certifiably Surly
  • Posts

    6644
  • Joined

  • Days Won

    1

Everything posted by Ghost of LL

  1. There's also a potential finding of a violation of the 5th and 14th Amendments, which could be used in a subsequent Section 1983 lawsuit against Noem and Trump personally.
  2. Honestly--I don't know. It's driving me fucking insane.
  3. Guess what, my meth-addled, cum-guzzling-for-remuneration Iranian friend @Macklemore--they're coming for you. Seriously, dude--they're coming for you.
  4. One day, the Longhorns will lose a series in SEC play.
  5. The hardest hit was Asheville, which is the only blue county in the region.
  6. https://www.tiktok.com/@gonest_lily
  7. It’s not just that. They’re threatening to crater the entire American retail sector. Were are doing some home renovations right. Ow, and we’re going to need some new living room furniture. So one that was pertinent to me was a gal at a furniture factory. She says “you like something from the Restoration Hardware catalogue? Send us the SKU. We make all that shit here in this factory and we will send you that sofa door-to-door for 10% the price you would pay at Restoration Hardware in Austin.” Even after you pay the 125% tariff, it’s 80% off retail. If people do that in any kind of numbers, yikes.
  8. China is going hard on TikTok exposing how cheaply it makes luxury goods and openly inviting Americans to come in a 9-day visa-free tour to buy shit straight from the factory. That’s some next level “peasants with pitchforks” shit right there, eh, JD?
  9. Because it's something that intuitively makes sense. If you put capital back in the hands of the investing classes, it will be invested in such a way as to generate economic activity and all that comes with it (e.g., jobs). And let's just be real honest about this--it's a theory that did work at earlier points in our history. Kennedy's tax cuts in the early 1960s are widely credits with spurring economic growth. Reagan's are more controversial, but they also are credited with causing an economic expansion. The difference is that by the 2000s, there are two many other investment options and strategies such that the capital didn't necessarily go to economic expansion in the United States. And unlike in the 1960s and 1980s, taxes on the top brackets were already so low that reducing them further didn't really have much impact.
  10. I don't think that's true at all. Clinton raised taxes, and he was reelected comfortably in 1996. The key is that Clinton only raised taxes on the highest brackets. So the vast majority of Americans saw no tax increase at all. Combined with a growing economy, the increased revenue from those taxes allowed the federal government to run a budget surplus during the late 1990s. And we can talk about the Election of 2000. Let it suffice it to say that Gore won the popular vote. It was hardly an electoral repudiation of Clinton's fiscal policy. The reality is that if you confine tax increases to the top brackets, you can definitely ride a budget-saving fiscal policy to electoral victory. The real problem for Democrats in the 21st Century has been that every time they take over the White House, they do so in the middle of an economic catastrophe that greatly restricts what fiscal policies they can enact. It's really hard to raise taxes on anyone when you're just trying to recover from Republican-caused economic meltdowns.
  11. Nothing encourages people to relax quite like yelling at them "BE COOL!"
  12. Do you sell every day at market close? Or are you just letting it ride?
  13. The volumes today are just garbage. Looks like everyone is just sitting there waiting.
  14. You remember when Hooters tried to start an airline? Yeah--that was dumb af.
  15. Goddamnit--that was exactly what my comment was going to be. For those interested, here is the Nikkei historical chart:
  16. So does this mean we're bringing Obama off the bench?
  17. You know--I was a little pissed that I sold off all my SPY around 10:00 this morning and missed the whole run-up. But you know what--you never go broke making a profit.
  18. This is very strongly my feeling. I'm not looking back to what happened in 19 Diggity 5. I just know that it's really tough to go wire-to-wire as the best team in the league. And when you do that, it takes something out of you. Just look at Boston last year (or was it two years ago?). When you do that, it just feels like you're delaying the inevitable cold stretch to the playoffs. Everyone has that run of ten games or so where they play shitty hockey. Everyone. Best to get that out of the way in December or January. But time after time, we see Winnipeg hit that stretch in May.
×
×
  • Create New...