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Posts posted by Ghost of LL
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1 hour ago, Bozo_Casanova said:
So here’s my question, and I remember arguing this point with you and others back in 2001 and 2003 w/r/t the Bush tax cuts. What happened as a result was not only predictable at the time but widely demonstrated to the point of certainty.
So for people like you (and @Brisketexanand @Ghost of LL), meaning actual conservatives*, why did you fall for it? And why do Conservatives still fall for it? Was it because Republicans then and now use the word “conservative” to describe funding tax stimulus with debt and Democrats and the press let them? Is it because people just don’t have an economic vocabulary to describe what they see with their own eyes?I just don’t get it.
* to his credit, McCain opposed the cuts and made the same argument I did, for the same reasons.
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.
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40 minutes ago, Guadaloopy said:No argument there. No one has shown the political will to actually address the issue. But to be fair... we as an electorate have proven time and again that we will not keep anyone in office who actually tries to do something.
We are very likely turbo-fucked and riding this plane all the way to the crash site.
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.
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2 minutes ago, horn4life said:
So had to jump in a bit more. I don't see a damn thing that is going to really drive the markets upward. No more fake or real surprises to pretend the policy is not stupid. Again easy fucking money.
Something tells me yesterday's most excited and newly prolific poster will not be back extolling his genius. Funny how most of the folks that go full CR are not usually giving any insight into what they invest in, or what they think they should invest in.
Hope you guys sold on the bounce!
Randolph--look:
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2 minutes ago, Thomas Walsh said:
US Treasury market function and stability takes precedence over everything.
I mean, and it should.
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17 minutes ago, Captainant said:
Just checked El Presidente's shoutbox, BE COOL! It's a good time to buy
There ain't no tariff relief coming yet.
Nothing encourages people to relax quite like yelling at them "BE COOL!"
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29 minutes ago, horn4life said:
I did not know what was going to happen with the administration. But I viewed the cabinet as one of the least qualified, and the President as being surrounded by folks who will only give praise. This is a bad combination for any company, even worse for a country. So I expected huge volatility. With volatility I felt like that was going to be an easy bet. Vix was 14 when I started accumulating UVIX at $36. I bought UVIX instead of moving into futures trading.
I still think about the market rising before Trump's "reciprocal" tariff announcement... There is still a lot of hope... the fake new rally showed that.
I guess ships will start accumulating off our ports now. As US companies deal with something costing 104% more than when it left port 3 weeks ago...
Do you sell every day at market close? Or are you just letting it ride?
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The volumes today are just garbage. Looks like everyone is just sitting there waiting.
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19 minutes ago, NorthLoop said:
Don't forget the hopium it gives aggy... hopium fuels the rollercoaster
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You remember when Hooters tried to start an airline?
Yeah--that was dumb af.
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5 hours ago, Bozo_Casanova said:
- All Nikkei/Japan longs, July 1990
Goddamnit--that was exactly what my comment was going to be. For those interested, here is the Nikkei historical chart:
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So does this mean we're bringing Obama off the bench?
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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.
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1 hour ago, SuingToGetAMessageBoard? said:
This is going to be like 2016 where we won all our games by 1 run.
5-2, -7 run diff. Not bad.
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4 hours ago, Hagbard Celine said:
the jets are paper tigers - i don't want vegas on our side of the bracket so whatever results make that happen are my preference
ignoring their time in the wha before the '79 merger, and not counting any results related to atlanta or phoenix seasons......
from 79/80 to 95/96 the jets made the playoffs 11 times, missed 5, and won a total of 1 playoff series
from 11/12 through 23/24 the FA18s made the playoffs 7 times, missed 6, and have fared better winning 3 playoff series
in 29 nhl seasons in manitoba they have 1 conference final appearance - i would not bet on them to advance - they've gone out 1-4 1-4 the past 2 years after not qualifying 3 years ago
i don't know how hockey betting works but i would put some money on the 8 seed to advance
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.
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16 minutes ago, Vegas64 said:
1) Most socialization is not in person anymore so it takes the teeth out of the confrontation. All you've done is put a person on the defensive and then they will go to the place of actual socialization in modern times (the internet) and get validation and re-confirmation via their echo chamber and network. They will re-entrench that THEY were the victim, and some big male patriarchal bully was abusive to them and toxic to them in public!
Counterpoint: they go to their internet echo chamber to gain validation and avoid the HEB where they get confrontation. And so next time, they order their groceries curbside. Which is all we want.
I think we're in complete agreement: people will gravitate toward affirmation and avoid confrontation. So if you don't want people to physically be in the HEB with their dog, make their physical presence uncomfortable for them and their online interaction with the HEB more attractive.
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Perhaps I'm entering my Karen stage of life, but sitting here and bitching about this on a college-football message board is pointless.
If it annoys you so much, you ought to have the fucking balls to go up to these people and say, "your dog doesn't belong in the HEB. There's food here, and it's gross." I've done it.
Maybe you get a "fuck you." Sure. Maybe. But guess what--people don't like confrontation. I mean, I do. But most people don't. So the end result is that the person's experience of taking the dog to the HEB was, on balance, a negative. And that will weigh on their decision-making next time they're thinking about taking the goddamned dog to the HEB.
Now imagine that everyone who spent time on this thread bitching about dogs at the HEB actually said something to the dog-owners they see at the HEB. If anyone who took a dog to the HEB got at least one pointed negative comment every trip, nobody would take their fucking dog to HEB. Fucking nobody.
This is on everyone who is too fucking afraid of confrontation to call out bad behavior. We all need to get over that shit.
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Jets lost last night at Staples Center and have a game tomorrow in Vegas. That lead over Dallas is starting to get really tenuous.
So much so that the game in Dallas is looking less and less like an opportunity for Winnipeg to sew up the Central and more and more like a game Winnipeg needs to win to keep a lead.
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Don’t look. Ow, but the Jets are down 2-0 10:00 in the 1st at Staples Center.
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8 hours ago, orange dream said:
P1's biting on the Muser's April Fools joke announcements.
What happened? I missed it?
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9 hours ago, C-Man said:
Winnipeg’s final eight:
@ LAK
@ VGK
@ UTAH
vs STL
@ DAL
@ CHI
vs EDM
vs ANA
Stars’ final eight:
vs NSH
vs PIT
@ MIN
vs VAN
vs WIN
vs UTAH
@ DET
@ NSHThose last three games for both teams are pretty soft. If there's ground to be made up, it'll be made up in the next ten days.
Meanwhile, we only need seven points in our last eight games to secure home-ice over Colorado. With that schedule, that looks . . . doable.
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58 minutes ago, Gil Bang said:
There's 2000 churches in NYC.
I think it's been 1,999 after the Stay-Puft Incident in 1984.
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4 hours ago, atomheartbevo said:
My middle-schooler and his friends who play Minecraft for what seems like 15-20 hours a week all claim to hate the movie because of inaccuracies they noticed or it demeans Minecraft players or whatever.
I thought it would be a fun movie to see with my kids. But my 15-year old refuses to see it. He says it "looks like what a GenXer thinks Gen Z ought to think is cool."
Ouch, man.
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Looking at our schedule the rest of the way, it’s hard to see how Colorado could catch us.
its also hard to see how we could catch Winepeg.
Tariff wars, they have began
in Cloak Room
Posted
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?