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Posted
3 minutes ago, Biff Tannen said:

I happen to agree with this, but not as a way to save money. 

I married into a family that buys each other--all adults now--EXACTLY what they asked for on their Amazon wishlists. Truly the Christmas spirit that Jesus intended.

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Posted
Just now, The Dog said:

they don't really have to

That's where I disagree. Remember every single day starting in 2021 all we heard, hundreds of times a day, was "Biden Border Crisis" with the same video clips of border footage? And it forced Democrats to talk about this non-issue? And it tricked Brandon's and Kamala's inept consultants into believing they needed to be more hawkish on immigration? In the process, they looked like failures on the issue and no matter how hard they tried they were constantly underwater, and outperformed by Trump, on the issue?

That's what Dems should be doing to the republicans on this actual issue that's actually real. They should be on defense, every single day, and forced to admit (or deny, it doesn't matter) that their policies don't work and never will work. Deporting all the brown people didn't save anyone a penny, in fact the opposite happened. Force them to simmer in the consequences of their failed policies. What are they gonna do, pivot to Epstein? To pointless foreign wars? To the tax cuts for billionaires? To the fake ceasefire in Gaza? To the billions we gave to Israel and Argentina?

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Posted
7 minutes ago, Biff Tannen said:

I happen to agree with this, but not as a way to save money. 

Seriously.  Who knew that on the horseshoe, I'd end up meeting MAGA at point "contempt for all of humanity."  We got there in different ways, but here we are, singing in harmony.

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Posted
17 hours ago, 4th&Five said:

People not buying useless shit will also tank the economy and hurt Trump.

This. People always marvel at the strength of the American economy in all sorts of bad times, and the thing I always tell them is if you give an American 5 dollars he is gonna spend 6. That's what makes the American economy tick.

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Posted
17 hours ago, Fudge Nuggets said:

Ironic with the dotard pushing through no taxes on tips.

 

Can’t tax tips if there’s no tips

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Posted

I figured fake data coming out of the government would juice markets but horrible results from companies would tank them in the end.

I did not count on full fledged Enron / Worldcom levels of chicanery amped up 100x being totally ignored.  I should have, but I didn't.  Oh well, TO THE FUCKING MOON, FUCKERS!!!

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Posted (edited)
49 minutes ago, VABuckeye said:

Alleged September Job Report

The first phony job report is out.  +119000 jobs but unemployment rose?  Funny math, here.

That actually happens every so often because people are re-entering the job market looking for work.

Edited by David Dennison
Or is my sarcasm meter broken? The football board has me all messed up.
Posted
32 minutes ago, Fudge Nuggets said:

I figured fake data coming out of the government would juice markets but horrible results from companies would tank them in the end.

I did not count on full fledged Enron / Worldcom levels of chicanery amped up 100x being totally ignored.  I should have, but I didn't.  Oh well, TO THE FUCKING MOON, FUCKERS!!!

It's all just the latest iteration of fake shit shell game bullshit.  The Enron/Worldcom comparisons are perfect.  The actual tools and mechanisms used are different, but the philosophy and ethos behind them are pretty much the same.  

They've just put flow meters on the money pipes.  And so long as huge volumes of money are flowing through those money pipes, and showing up on the flow meter as big flows, then it doesn't really matter where the money is coming from or where it's going.  Look at all this money (showing up on the flow meter)!  Big things are happening!

I truly can't believe that we're going to do the same stupid shit all over again, but then, I looked at the calendar.  Enron etc. was a generation ago.  Seems that each generation needs to touch the same hot stove.  Put a pin in 2050 or so, when we'll run this same fucking drill all over again.

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Posted
2 minutes ago, David Dennison said:

That actually happens every so often because people are re-entering the job market looking for work.

I hear you.  My point really is that we cannot trust one number that comes form this administration.  They're only going to feed us numbers that promote their agenda.

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Posted

I'm pretty sure they already said this month's report would cover hirings but not include any job losses. They're only showing one side of the ledger.

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Posted
6 minutes ago, Brisketexan said:

It's all just the latest iteration of fake shit shell game bullshit.  The Enron/Worldcom comparisons are perfect.  The actual tools and mechanisms used are different, but the philosophy and ethos behind them are pretty much the same.  

They've just put flow meters on the money pipes.  And so long as huge volumes of money are flowing through those money pipes, and showing up on the flow meter as big flows, then it doesn't really matter where the money is coming from or where it's going.  Look at all this money (showing up on the flow meter)!  Big things are happening!

I truly can't believe that we're going to do the same stupid shit all over again, but then, I looked at the calendar.  Enron etc. was a generation ago.  Seems that each generation needs to touch the same hot stove.  Put a pin in 2050 or so, when we'll run this same fucking drill all over again.

I was told by someone in the industry that trading desks only hire young / inexperienced kids because they have never seen a crash and have zero aversion to risk.

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Posted
Just now, Fudge Nuggets said:

I was told by someone in the industry that trading desks only hire young / inexperienced kids because they have never seen a crash and have zero aversion to risk.

That 100% checks out.  One they get a few $500 steak dinners and $100 glasses of scotch experiences, they convince themselves that these are golden times and will never end.

Anyone with a single gray hair knows that's bullshit.  The music always stops, eventually.

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Posted
24 minutes ago, wildcat09 said:

I'm pretty sure they already said this month's report would cover hirings but not include any job losses. They're only showing one side of the ledger.

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When you count, you have a job loss. When you count, you find something is wrong with the economy. If we didn’t do any counting, we would have very few job losses.

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Posted
19 minutes ago, Brisketexan said:

That 100% checks out.  One they get a few $500 steak dinners and $100 glasses of scotch experiences, they convince themselves that these are golden times and will never end.

Anyone with a single gray hair knows that's bullshit.  The music always stops, eventually.

Basically any office environment is older guys with the money who have all the fun, younger people with the energy who do all the work, and they avoid hiring anyone who isn't a yes-man, and fire the folks who don't "fit the culture" (gargle the balls).

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Posted
8 minutes ago, chainsaw said:

Basically any office environment is older guys with the money who have all the fun, younger people with the energy who do all the work, and they avoid hiring anyone who isn't a yes-man, and fire the folks who don't "fit the culture" (gargle the balls).

I'm going to assume you've never worked at any places I've worked.  I know plenty of boomer/gen-x types who are working 60 hour weeks.  I ain't one of them because I fully recognize the company will take all that the company can.  

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Posted
13 minutes ago, Zonahorn said:

Yikes 

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Weird way to present that data.  Assuming a good/bad only choice, economy would have dropped from 52.5 good to 40% good.   Which is still 40% good, on the economy. 

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Posted
3 minutes ago, Pato del Muerto said:

Weird way to present that data.  Assuming a good/bad only choice, economy would have dropped from 52.5 good to 40% good.   Which is still 40% good, on the economy. 

That is from the crypto and COVID fried brain of Nate Silver. This is from Longhorn Elliot Morris
 

IMG_0342.png

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Posted

Saw that Walmart reported stronger sales and upped their forecast… which can be viewed as + or - for overall economy. But then they mentioned the sales bump is partly due to higher income shoppers which is a canary in the coal mine. 

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Posted
12 minutes ago, bluto said:

Saw that Walmart reported stronger sales and upped their forecast… which can be viewed as + or - for overall economy. But then they mentioned the sales bump is partly due to higher income shoppers which is a canary in the coal mine. 

They've been doing well with +100K households for a while now.  What's really going on is they're taking a lot of share from most everyone except Amazon and Costco.  Target is a compete fucking mess, the dollar channel is struggling, drug stores (why do they even exist?), and the Krogers of the world are basically flat.

Walmart's sales were up 5% but that's a huge amount of actual money.

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Posted
36 minutes ago, Aqua Buddha said:

Target is a compete fucking mess

It really is amazing how hard Target has stepped on its own dick in recent years.  Took a pretty beloved brand with real customer loyalty (sample size: my wife and all of her peers, holy fucking shit could they drop money at Target), and have fucked it up a dozen different ways, including taking a completely unnecessary harsh political position re DEI (an unforced error).  My family alone is responsible for a lost couple thousand dollars a year in sales for our local Target.  I know we're far from alone.  

They need to do some real turnaround shit, or they are in real existential jeopardy.

And soaring sales at Wal-Mart by increased spending by upper tier shoppers is not a good economic sign, the way I read it.  When people with money stop buying steak and start buying hamburger, that's a yellow flag for overall spending.

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Posted

Target forgot who their customers were. Maybe they thought new Targets were going to pop up all over the rural south if they just opposed DEI?

Posted
4 minutes ago, VABuckeye said:

Same here.  My wife and daughter refuse to shop at Target.

They're managed to piss off both sides, which is almost impossible.  They were too woke and now they're not woke enough or whatever.  More importantly, though, their stores are a mess and their inventory system is borderline broken so they don't know what they have and what they don't.

They're also highly exposed to Trump's tariffs being that they're mostly general merchandise.  

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Posted

I’ve been to Target several times this year and the employees were still majority minorities as they always have been. Clearly their anti-DEI policies aren’t apparent. They seem to have appeased Trump with nothing but lip service and shed maybe 20% of its customers in the process. 

Good job, idiots.

 

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Posted
48 minutes ago, Brisketexan said:

When people with money stop buying steak and start buying hamburger, that's a yellow flag for overall spending.

and even more so now that the price of beef is so high. we've been eating more chicken and pork instead of beef of any type.

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Posted
8 minutes ago, The Dog said:

and even more so now that the price of beef is so high. we've been eating more chicken and pork instead of beef of any type.

It's hard to justify $19.99/lb store price for NY Strips... let alone approaching $30/lb for a good Ribeye.

Posted

well, if their goal was for us to eat less beef and move to healthier options, they picked a sure-fire method. just make it so no one can afford it anymore. problem solved! obesity crisis over!

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Posted
Just now, Longhorn_Fan68 said:

well, if their goal was for us to eat less beef and move to healthier options, they picked a sure-fire method. just make it so no one can afford it anymore. problem solved! obesity crisis over!

Dude, we're about a year out from RFK decreeing "the only healthy protein is Soylent Trump*, which will be the only protein allowed on grocery shelves, for the good of the American people."

 

*

itspeople.jpg

"It's literal SHIT!  Priced at $10 a pound!  Of which $9 is pure profit funneled to the Trump family!"

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Posted
34 minutes ago, Longhorn_Fan68 said:

well, if their goal was for us to eat less beef and move to healthier options, they picked a sure-fire method. just make it so no one can afford it anymore. problem solved! obesity crisis over!

Some of the crazy that I have yet to express on this board is that I do think there should be a yuge tax on domestically raised beef for the sake the climate.

However, people should be able to shoot deer in Hollywood Park for their red meat fix.

5faf69ae-11a1-44eb-9022-36dbc84756b2_tex



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