C19 Open Discussion Week 44c

From Mansion Global:

U.S. Home Inventory Hits Historic Lows

Booming demand for U.S. homes drove the number of properties for sale to new lows in December, according to a report on Thursday. 

Nationwide, the number of homes for sale fell below 700,000 in December, the lowest in recent history, according to realtor.com. A flurry of demand that has vastly outpaced new listings to the market has steadily eroded U.S. housing inventory since the summer and caused home prices to surge. 

A housing shortage has been building for years, said Danielle Hale, realtor.com’s chief economist—especially at more affordable price points. 

But in December the combination of the holiday inventory slowdown and the pandemic buying trend caused it to dip to its lowest level in history,” Ms. Hale said in the report. She forecasted U.S. housing supply would remain low for at least a few more months as a winter surge in Covid-19 cases discourages sellers from entering the market. 

Buyers are facing an acute shortage of homes to choose from in cities like Austin, Texas; Denver; and Providence, Rhode Island. These and other areas like Dallas and Charlotte, North Carolina, had less than half the number of homes for sale as they did in December 2019. 

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270 Responses to C19 Open Discussion Week 44c

  1. grim says:

    By next Monday, New Jersey will have half a million doses of vaccine in refrigerators.

    Nice job.

  2. grim says:

    For reference, this is enough vaccine to:

    Vaccinate all teachers and school staff in NJ: 308,000
    Vaccinate all of Phase 1a high risk healthcare workers: 489,000 (all of them, not just the remaining)
    Vaccinate all of Phase 1b critical risk workers: 498,000
    Vaccinate 50% of NJ residents with significant co-morbid conditions: 794,000
    Vaccinate all NJ prisoners 10-times over: 47,000

  3. grim says:

    https://www.youtube.com/watch?v=jXM6h9elyTY

    I imagine this is what the behind-the-scenes looks like when America causes geopolitical unrest around the world.

  4. ExEssex says:

    I’ve learned a lot about the peccadillos of the regular posters this week.
    Seems like a few of you have authoritarian fetishes.

  5. OrangeTards Gets25th Before20th says:

    ExEssex,

    Where do the fetishes come from. Guarantee you that a lot of these characters come from catholic backgrounds or have ethnic roots 1-3 generations out in countries that are notoriously top-down autthorative traditions.

  6. Juice Box says:

    Where is our good ole Sommelier when you need him. He used to talk about ramparts all the time.

    Clotpoll says:
    August 31, 2009 at 2:52 pm
    Please don’t spoil my fantasy of a citizen army breaking the ramparts and rushing the Fed building.

  7. leftwing says:

    ” Stick this one on the wall beside it.
    https://tinyurl.com/y5f9hczo

    And there you go again Fabs….Taking reasoned conversation down with emotion which has the result of eliciting an opposite emotional response sucking all oxygen and intelligence out of the room.

    In other words, a classic internet troll.

    I’m not playing your game and taking the bait. This blog has been a place to come for reasonable discourse with like and diverse opinions on a number topics for over a decade. A few posters have shown up (and happily most have left) who try to drag it down to the level of a bad Twitter/Facebook page.

    Your typical postings and responses here would have you sent out of a fourth grade class. Go home, and push some Playschool trucks around your carpet. It’s your speed.

  8. ExEssex says:

    Freedoms just another word for nothin left to lose.

  9. Fast Eddie says:

    Taking reasoned conversation down with emotion

    This is basically one of the founding theories of objectivism; where emotion becomes a tool for knowledge. It’s what progressives thrive on because conscious reality is painful to their fragile egos and productive achievement takes too much time and effort.

  10. 3b says:

    Fab: I condemn the attack on the Capitol, it was shocking and disgraceful. No justification none. And the violence and destruction bought by BLM I also condemned which some here did not, or tried to justify. People’s lives and neighborhoods were destroyed. And it was infuriating to watch a bunch of white suburban people bring that destruction and then go back to their comfortable neighborhoods and leave the residence to pick up the pieces.

    As for Clinton and his BJ, we were having a discussion as to when things started to decline, I said young Bush, someone else pointed out Clinton and someone else said Nixon. I still maintain young Bush.

    My problem with you and some other posters is the selective outrage. Ok for one side outrage if the other side does it.

  11. ExEssex says:

    8:48 are you really this brainwashed?

  12. Hold my beer says:

    I just read the article libturd posted yesterday. That would explain the woeful security and cops moving barricades and holding open doors. The capitol chief who resigned joined that force in 2017 and became chief in 2019. What are the odds he is a hard core trumper and gets a pardon. I wonder if trump pardons everyone of the rioters who get identified. I bet trump pardons Giuliani and Halsey too, along with a bunch of his aides and his kids.

    I still think something else will happen. I bet trump is out of the country before the inauguration so he can’t get slapped with charges a minute after Biden is sworn in. Summers in Russia and winters in Dubai or Saudi Arabia? What do you think his legal defense fund is for?

  13. Juice Box says:

    I think Pelosi should move forward with impeachment immediately. This will tie up Congress for a few weeks so they cannot pass any additional legislation. Then they should move onto hearings for expulsions of members that AOC and the SQUAD says need to go too and appease the far-left. This again will tie up congress for a few more weeks so no legislation can be passed. Then hopefully a recess. When the dust settles they can come back and start passing all kinds of legislation we cannot pay for without running to the FED for a loan. $2000 dollar checks become $10000, Cancel A trillion in Student Loans. Force everyone to buy electric cars, cull all the cows. Ban air travel etc etc etc. Bankrupt the doctors with Medicare for all, etc.

    Sleepy Joe says the exec orders and legislation will all be done in his first term.

    Place your bets accordingly..

  14. D-FENS says:

    I swear to god I’ve been humming that song ever since you posted that Grim…thanks a lot. I keep picturing that scene in Wolf of Wall street.

    When the apocalypse hits I expect we’ll all be dancing to it.

    GET THE LUDES!!!!

    grim says:
    January 8, 2021 at 5:20 am
    https://www.youtube.com/watch?v=jXM6h9elyTY

    I imagine this is what the behind-the-scenes looks like when America causes geopolitical unrest around the world.

  15. Fast Eddie says:

    Basically, you can define a liberal as using an emotional state that results in consciousness and a conservative maintaining the opposite perspective. It’s a logical state formed by inductive reasoning, forming a concept and then executing. The liberal mind counters this thought process because they simply don’t know what they don’t know.

  16. leftwing says:

    “I’ve learned a lot about the peccadillos of the regular posters this week.
    Seems like a few of you have authoritarian fetishes.”

    Government major at an Ivy…

    ’nuff said lol?

  17. ExEssex says:

    Eddie your education did you no favors.

  18. ExEssex says:

    9:o2 you wasted your parents’ money.

  19. Juice Box says:

    Beer- Trump is immune for anything he did while President and expects our government to keep him out of Iranian and Iraqi hands and jail here in the USA. We have gone to great lengths to protect former presidents from prosecution here and overseas.

    They would break with precedent for prosecuting him for acts while in office and not providing him lifetime protection with the secret service and well as use our State Dept and influence keep him out of the hands of foreign countries who want him dead.
    Right now the Iraqis and Iranian’s want him, arrest warrants with Interpol etc. You think Barak Obama wants the Syrians or the Libyans to issue an arrest warrant for him? He killed more brown people than Trump and well almost a decade later those countries are still in chaos.

    It will all quite down in a few weeks.

  20. joyce says:

    In all seriousness, Ed. Even if I agree with everything written below, you have inserted emotion in your comments routinely.

    Fast Eddie says:
    January 8, 2021 at 9:00 am
    Basically, you can define a liberal as using an emotional state that results in consciousness and a conservative maintaining the opposite perspective. It’s a logical state formed by inductive reasoning, forming a concept and then executing. The liberal mind counters this thought process because they simply don’t know what they don’t know.

  21. AP says:

    Fast: “This is basically one of the founding theories of objectivism; where emotion becomes a tool for knowledge.”

    You couldn’t be more wrong, even if you tried again. Objectivism is based on emotions, and the most destructive emotion at that: selfishness

  22. AP says:

    Objectivism is hysteria. It’s masking some of the most destructive attitudes and emotions one can hold in a thin veneer of Aristotelian logic. Sadly it fails even at that philosophical fig-leaf.

    The founding texts of Objectivism are histerical and stimulant motivated rants.

    There’s a reason Rand’s “philosophical” grift has met with the dustbin of history. Even conservatives laugh at that claptrap.

  23. ExEssex says:

    You had a group of zealots break into the Capitol
    with zip ties, incendiary devices, and a full scale gallows with a noose outside
    The Capitol. Nothing is dying down. We need to bring each and every responsible party to justice. Including the POTUS. All of the apologists here are beyond pathetic.

  24. D-FENS says:

    All I know is I’ll be dancing to Gloria…high and drunk on Grim’s stuff for the next four years as chaos rains down around us. Grim is a visionary…he knows what products will sell in the near term…that’s for sure.

  25. Juice Box says:

    So we are at a new peak Covid deaths per day 4,000 and peak infections, NJ reported 6,247 new infections and all the MSM can do is talk about Trump.

    What will they do when he is gone in less than two weeks?

  26. Fast Eddie says:

    You couldn’t be more wrong, even if you tried again. Objectivism is based on emotions, and the most destructive emotion at that

    Nope. Emotions are the concept for ideas, not the replacement for them and are the basis of the conscious. Emotions exist but they aren’t the driver. Regardless, emotions replace logic when it comes to the liberal mind.

  27. ExEssex says:

    We lower the boom. No civilized country can accept or allow what we saw Wednesday with the violent assault on the U.S. Capitol. This was an attack on democracy itself. That is not just a phrase. Rule by the people relies on adherence to law and process. The assault and siege was an attempt to stop the work of democracy by halting the peaceful transfer of presidential power, our crowning glory for more than two centuries.

    WSJ – Peggy Noonan

  28. AP says:

    “Government major at an Ivy…”

    Argument from authority is a common fallacy.

  29. Phoenix says:

    “Rule by the people relies on adherence to law and process. ”

    Law. That stuff that only money can buy.

  30. TraitorFatEddie IsGoingKaboomsh!t says:

    FatTraitor Eddie,

    Recommend you take triple dose of MetAynRandmucil. You are really constipated my friend. I fear for your safety and sanity.

  31. AP says:

    “Emotions exist but they aren’t the driver”

    The question is which emotions? If we base our intellectual projects on understanding, valuing, fostering and encouraging positive emotions, the outcome will be positive.

    “Regardless, emotions replace logic when it comes to the liberal mind”

    This view strikes me as rank partisanship.

  32. Juice Box says:

    Essex – I mentioned this yesterday.

    The party of Loot, Riot, Murder, Attack, Stab, Shoot, and Arson has now magically turned into the party of law and order. There were over 500 Riots all over the country this year.

    We did not hear much in the way of condemnation and prosecute from the leaders of the Democratic party, although I will give Biden credit, he did denounce it during the BLM/Antifa riots in his campaign speeches.

    Perhaps Biden will follow thru makes sure his DOJ and FBI investigate and federally prosecutes all of these people on all sides of the spectrum.

    We shall see.

  33. Phoenix says:

    “The party of Loot, Riot, Murder, Attack, Stab, Shoot, and Arson has now magically turned into the party of law and order.”

    Haha. Yeah the irony. All over the WP pages. Now it’s their side that wants everyone prosecuted and arrested.

  34. Hold my beer says:

    Juice

    We’ve never had a president encourage an angry mob to attack the capitol while congress was in session. He was recorded threatening the secretary of state from Georgia with criminal charges for refusing to find another 11,800 votes. He makes Bush look smart, Clinton honest, and Nixon a choir boy.

  35. AP says:

    “You are really constipated my friend.”

    You sound worse than constipated my friend. Verbal diarrhea is more like what you’re spreading here.

  36. ExEssex says:

    Yeah I want to live in a Country where breaking into a Foot Locker is on the same level as trying to overthrow the Government through violent insurrection.

  37. Very Stable Genius says:

    Lost the House
    Lost the popular vote, twice
    Lost the Senate
    Lost the Presidency, one term president
    Impeached, twice

  38. AP says:

    “The party of Loot, Riot, Murder, Attack, Stab, Shoot, and Arson”

    This is what passes for thought these days? What party are you talking about? Who pardoned those mercenaries a couple of weeks ago?

    Give it a rest…

  39. Phoenix says:

    “He makes Bush look smart, Clinton honest, and Nixon a choir boy.”

    Just a run of the mill classic narcissist that happened to have money and that the American people voted in.

    He was just a symptom of a much larger disease. One that is going to rear its head at a later time in the future as people like Biden are not going to address it. It will fester.

  40. D-FENS says:

    Congress routinely polls extremely low. I’m sorry I have a hard time believing any average American would give a sh1t if an angry Trumper stormed the Capitol and punched Mitch McConnel or Chuck Schumer in the nose.

    ExEssex says:
    January 8, 2021 at 9:27 am
    We lower the boom. No civilized country can accept or allow what we saw Wednesday with the violent assault on the U.S. Capitol. This was an attack on democracy itself. That is not just a phrase. Rule by the people relies on adherence to law and process. The assault and siege was an attempt to stop the work of democracy by halting the peaceful transfer of presidential power, our crowning glory for more than two centuries.

    WSJ – Peggy Noonan

  41. ExEssex says:

    9:49 well, you ‘almost’ got your wish didn’t you.

  42. Phoenix says:

    Why did they stop to take photographs instead of advancing further if their goal was to actually hurt someone?

  43. Phoenix says:

    “9:49 well, you ‘almost’ got your wish didn’t you.”

    I don’t think so. I believe the few really “rogue” ones would have been assassinated by the Secret Service.

    Did they ever really get near a politician by getting past the ring of fire?

  44. Juice Box says:

    All this talk about the human condition.

    It’s pretty simple we are slaves to our emotions. Without emotion you would never be able to make a decision. Something as simple as choosing what to have for dinner such as chicken or a beef would be impossible without emotions, it’s not just a logical choice. We choose who to vote for based on emotions, we choose who to marry based upon emotion. Alcohol or marijuana tonight or both? All about how you want to “feel” which is not necessarily a good logical choice either way… that is just another emotional choice.

    At the end of the day the choices we make even with what we believe are logical decisions, the very point of choice is arguably always based on emotion.

    Some people “like” this and “like” that we hear this all the time, and social media has made the emotional choice easy, there is only one choice. Facebook has “like” buttons to go with it, but there is no dislike on Facebook. We cannot have that emotion!

  45. 3b says:

    Essex You are right it’s not the same, but it should have been condemned nonetheless.

  46. Phoenix says:

    “No civilized country”

    Define civil? Is civil a country where a racist white woman can call a cop and have someone assassinated by lying to a police officer and having him do her dirty work?

    Doesn’t sound civil to me.

  47. Juice Box says:

    Essex -I don’t need to remind you about the ultra violence in Portland do I? Even the mayor there has finally turned on them. He expected them to stop after the election. They have not and actually have increased the attacks on the system.

    The BLM marches will stop and Antifa will continue, as their objectives no longer intersect.

  48. Hold my beer says:

    How come no one is questioning Trump’s own vote? It is against the law for him to live in Mar a lago as a permanent resident, yet didn’t he list it as his permanent residence on his mail in ballot?

  49. Chicago says:

    My read on the Capitol siege is that it really doesn’t hit a visceral note with Americans.

    You have intellectuals leading the outrage, the media playing it up and politicians trying to score points. No one really in their heart gives a fcuk.

    I am sorry to say this, but To the typical person which is worse,
    Looting Footlocker or storming the Capitol?

    Most people have never set foot in the Capitol. What peoples neighborhoods and livelihoods have been impacted by the BLM protests and violence. Again it’s really fked up but there’s a lot of visceral reaction to what happened last spring and not as much now

  50. Juice Box says:

    Ap -“give it a rest” Mix and Match domestic and foreign policy? The Mercs was a bad pardon move for foreign policy. What did he gain politically by that? I don’t think much.

    Foreign Policy for our country is the same for both sides for decades now. All Presidents after Jimmy Carter have bombed the shit out of anyone that objects to our interests. There was no difference between Bush and Obama on foreign policy, they both continued our foreign policy of bombing the shit out of the Middle East, it started with Reagan. A kid I went to school with died in the Gulf needleless back in the 1980s, we went to war in the Gulf over it, and it continues to this day. Your grandkids may end up there one day too, on a ship or in a bomber or worse boots on the ground.

  51. leftwing says:

    “9:o2 you wasted your parents’ money.”

    Yeah, but the return over 20 years on Wall Street kinda made up for it ;)

  52. AP says:

    “Facebook has “like” buttons to go with it, but there is no dislike on Facebook. We cannot have that emotion!”

    “Social” media (anti-social media, really) actively promotes the most destructive emotions and conflicts.

  53. AP says:

    “Again it’s really fked up but there’s a lot of visceral reaction to what happened last spring and not as much now”

    That’s not natural and normal. Folks have been corraled into harmful media echo chambers.

  54. Fast Eddie says:

    Facebook will not let you post or say anything that counters their progressive view. Censorship is justified.

  55. Juice Box says:

    Chicago – the Associated Press put out guidance on words to use so get with the program.

    It was not a protest, riot or siege. It was an “insurrection” by “domestic terrorists”.

    Biden’s speech about healing? Out the window. It’s law and order now…

    The Democrats are going to do their best the destroy the right, the election turnout was massive. We cannot have that again, a few hundred thousand votes was all that separated a win from a loss. Make them cower in the corner for a few years now, and when the midterms come use that fear to keep them cowering.

  56. Phoenix says:

    Facebook has destroyed the lives of many children. It has no positive image to protect.

  57. AP says:

    “Facebook will not let you post or say anything that counters their progressive view. Censorship is justified.”

    That’s a mistaken view, Fast. The ‘book has been found to actively promote harmful, extreme right-wing content for “engagement” (for profit). They have a hand in the radicalization and mobilization we are witnessing so clearly these days.

  58. ExEssex says:

    10:17 touché…well played sir.

  59. AP says:

    “There was no difference between Bush and Obama on foreign policy, they both continued our foreign policy of bombing the shit out of the Middle East”

    This is basically true. That’s the main reason why I don’t get behind the Obama presidency.

  60. ExEssex says:

    “My read on the Capitol siege is that it really doesn’t hit a visceral note with Americans“

    I disagree.

  61. Juice Box says:

    Eddie – Zuck is just being a good businessman for now. His only real revenue stream is dependent on eyeballs and selling ads. You don’t get to destroy the legacy advertising business and vacuum up 70 Billion in ad revenues from advertisers by killing the golden goose.

    I thought this was great by the way, masterful trolling by Elon Musk. Enjoy…

    https://twitter.com/elonmusk/status/1347031803987599360

  62. Phoenix says:

    5 people died. Compared to Covid it’s like 10 minutes.
    2 died of natural causes.
    Some windows broken. Happens every day.

    A handful of people were actually scared for the first times in their lives. Haven’t waited 20 seconds for the silver spoon to put some Gerber’s in their tiny little mouths. Never worried about losing their jobs or their homes, or if they could afford tires for their cars.

    Hard to feel sorry for them when most are so disconnected from any of the people they are supposed to represent.

    I was terrorized by those who took an oath to protect and serve. Now there is some irony.

  63. leftwing says:

    Grim, why the grow? Any retail? Why not just retail?

    Neighbor has a supply business to hemp/MJ industries. Equivalent of picks and shovels. Deals nationwide.

    Seeds and harvest are more fragile than at least I ever thought….mold/fungus major issue (abatement of that is key to his main products).

    I understand the geographic limitations on transport would require growing here but…isn’t retail where real ROI is made?

    Why not grab a few from the ‘hood and look to set up some shops?

    Neighbor brought me in for advice and possible investment on some seed deals. Pretty large volume, I’ll see if I can pull up the docs for specifics later today. I passed on investment. He ended up brokering (not investing) in at least one transfer. My impression was that seeds were a commodity with the craft beer analogy caveat (most people drink Budweiser, some like craft and can’t tell the difference among brewers, the smallest peak of the pyramid are ‘connoisseurs’).

    I’ll see him around later today and chat. Get his views and reply if anything of value.

  64. Libturd says:

    Leftwing,

    I have the utmost respect for you and your critiques of my viewpoint. As you know, it’s never personal with me unless you are dishonest. I learned the power of loving my enemies from a girl that I dated in college, who I still keep up with and even went so far to have hired her husband for a position at my current employer. The truth is, I am still trying to reconcile the thought of you hanging a picture of those imbeciles breaking into the Capitol Building on your wall.

    Let’s be real for a moment. First, the mob that marched on DC and the small number of fools that thought it was a good a idea to risk their lives breaking into a federal building are two different animals. I argued the same thing with the fringe of extreme leftists who felt it was okay to destroy the state buildings in the Northwest cities. The looters though, I would group in an entirely different category. They were not part of the protests. More they were the result of them. They are the same dumb people who would trash their own cities after their sports teams win a championship or if there was a power outage. They were conveniently lumped in with the mostly peaceful BLM movement to make a talking point by the right. Much like the majority of peaceful protestors were connected to the imbeciles who thought it was wise to break into the Capital Building.

    Second, the behavior exhibited by these non-peaceful protesters was very different than the acts of the lawnmower dads and their wives. Sure, there were plenty of people goading the police into using force back as they wanted the photo opportunity to support their claim of the systemic misuse of force. Having watched some of the smart phone videos of the violence used by the mob to break down the barriers to entry. I can say that there is no compare with the tactics used by the fringe on the left in the progressive cities. What happened on Wednesday was so far from a group of 50 privileged white kids playing out their “save the world” fantasies throwing trash at the police and spray painting evacuated buildings. What happened on Wednesday was violent. Violence provoked by their populist (and now proven dangerous) leader. A leader so stupidly blockheaded, that he actually praised them for their actions and reiterated the election fraud which NEVER HAPPENED. This entire protest was based almost entirely on another Trump manufactured story. If you can’t trust the courts in this country who overturned the 40 or so fraud claims Trump presented. Then you are crazier than the Qanon crowd.

    Finally, this was no coup. This was more like McMurphy taking his friends from the Oregon State Mental Hospital out on a fishing trip. There would have been a hell of a lot more dead protestors if this was a real coup. This was more like us taking over the Administrative building at Montclair State to protest tuition hikes. I recall the cops coming in and telling us we could stay as long as we didn’t block any of the emergency exits. It was a symbolic gesture at best. Though, I am not celebrating the death of that Air Force vet who got shot. I offer her the same sympathy that the right shares for the black men in this country (many with mental issues) who keep getting murdered by our police unnecessarily.

    I must add, the cowardly resignation of all of Trump’s appointees, to avoid the passing of the 25th amendment is absolutely disgusting and as irreprehensible as not allowing the evidence to be presented during the impeachment trial. As much as I can’t stand the corruption within the Democratic Party. The absolute disdain I have developed for this current Republican administration pales in compare. Yeah, Obama was exactly bending over backwards to support the demands of the right. But he didn’t command the Left to act out in violence and he didn’t lie like there is no tomorrow. The refusal of the current administration to condemn Trump and his continuing damage made to OUR country is truly deplorable. Such actions would have tremendously helped the healing process. Instead, it took the president elect to force Trump himself to call his imbecile supporters down.

    In the heat and confusion of the current situation, I can see how people can let their emotions get the best of them. It’s actually the hardest part of loving your enemy. Learning how to remove your personal biases to see a situation for what it really is. This is extremely tough for humans to do and it explains how atrocities can be performed by seemingly rational people. Humans are so easily manipulated. This is why I find Trump so dangerous. I don’t fault his followers and supporters nearly as much as Trump himself. The truth is, their only downfall is believing the lies which have been manufactured (Bannon style) since before the election. The protestors are not at fault here for being anything more than a little stupid. And you can’t fix stupid when the masses are asses. But you can stop the manipulators. Of course, that is, if you don’t resign or refuse to hear the evidence.

    Mr. Leftwing, open your mind!
    Mr. Leftwing, tear that photo off this wall!

  65. leftwing says:

    “Argument from authority is a common fallacy.”

    First time I’ve ever typed that here and it was in response to a snark from one of your cohorts…..

    Getting toxic in here guys. I’m bowing out. See you in a few when this stuff moves from the news cycle.

    Good weekend all.

  66. Juice Box says:

    re: Left – why the grow?

    This looks like a Wall St play to me, just like any startup only better. The government has setup a quasi-monopoly here, once licensed and up and running there won’t be any more licenses for years. Only way into the market is M&A, and it’s growing.

    https://nypost.com/2020/12/16/aphria-tilray-merge-to-form-worlds-largest-cannabis-firm/

  67. Libturd says:

    I agree Juice. The license will be the value, though I don’t ever see it getting like liquor license stupid because of the black market.

  68. 30 year realtor says:

    Unless you have established connections for access to quality marijuana, you will be buying from a dispensary. For long time smokers with good connections, legal marijuana only serves to end the risk and hassle of getting arrested. Most people will be buying from dispensaries. Sure they will be buying less product than long time smokers but legal marijuana will still make up the lion’s share of the market.

  69. JCer says:

    I cannot believe people do not understand the anger around this election. I don’t give a sh*t about the orange buffoon but I am appalled at what is happening in this country. We are no longer a country of law and order, these rednecks in DC are just acting accordingly.

    These people do not feel heard, there was no audit of the election. There was no investigation or effort to demonstrate to these people that the election was legitimate. Then there were serious violations of the constitution under the guise of election changes necessitated by the covid emergency in many states, which made ballot harvesting and fraud much easier. There needs to be consequences for this malfeasance. The Democrats are hostile to the idea of democracy as left has highlighted, they don’t even trust their own electorate, THEY know best.

    As for the GA races, when you allow ballot harvesting(Hello Stacy Abrams!) the results are easy to understand. The american public is stupid but not that stupid, when you don’t require id’s to vote or any reasonable security measures it’s just to easy to game either by making ballots or collecting them. Leftwing pointed out how easy and cheap it would be to change the outcome of a state prior to the election. What does anyone think Zuckerberg bought with 400 million. The slant of the media is similarly disturbing.

    I agree with the sentiment that Trump is a symptom of the problem, not the problem itself. Had America not been sold down the river by every politician since Nixon we would not see a Trump presidency, he is the embodiment of working class anger. The scary thing is contrary to the common belief that he is hated overseas, in my travels working people like cab drivers expressed admiration and the view that they wish to have a politician stand up for their interests. The populism phenomenon is not going anywhere, the sentiment in most western countries is they are asked to pay onerous taxes and no one is protecting their interests, they are being asked to accept a lower living standard…..

  70. Fabius Maximus says:

    Left,
    I usually get that response when I have pricked the fragile ego of some Master of the Universe (Hi Chi!).
    Can you let me know where “Playschool trucks” fit into your “reasonable discourse”?
    The two photos do give us a great metaphor to discuss. You are ok with the first photo of the sea of flags knowing full well there are a lot of Stars and Bars in there, But you take exception to the second picture when its up close and highly visible.
    My conclusion is that as long as the flag is small enough and not really that noticeable in the first picture, you are OK with it. But, when its up front and visible, you are scrambling to disown it, by lashing out at me.
    That’s the bigger problem with Racism in this county . Its always there in the background, lots and lots of small little incidents , but just small enough for you to ignore. When it flares up and is in your face, the knee-jerk defense kicks in.

  71. Fabius Maximus says:

    Looks like I just missed Left. I wonder if he’s heading off to play with his Playschool Hypocrisy Bus

  72. Juice Box says:

    I hope the FBI catches them soon we cannot have them blow up the DNC and RNC headquarters, how will the politicians do their daily fundraising phone banks if it isn’t safe to go there? Remember they cannot fund raise from their government offices, that would be illegal. They head over to the DNC and RNC offices to do fundraising almost every day.

    $50,000 dollar reward so far. That can and will grown..

    https://abcnews.go.com/Politics/fbi-posts-photo-person-suspected-pipe-bombs-dnc/story?id=75126041

  73. Juice Box says:

    fab – you need to get up early to troll the productive people.

  74. Fabius Maximus says:

    3B
    I said right at the start that most of the violence in the BLM protests was coming from the right, hiding under the covers. I was laughed at derided, but ultimately proved correct. There’s a reason you don’t get the level of Portland in the North East of the county. Its because most of the hot beds of the right are in the NorthWest. Portland has a very bad White Supremist problem.

    I’m all for arrests for the destruction in Portland and Minneapolis. Why not start with Umbrella man.
    https://www.startribune.com/police-umbrella-man-was-a-white-supremacist-trying-to-incite-floyd-rioting/571932272/

  75. Hold my beer says:

    Trump announced he won’t attend the inauguration.

    He will be overseas I bet

  76. chicagofinance says:

    youtube.com

  77. Juice Box says:

    Beer- that is typical Trump fact is he is not invited.

  78. BRT says:

    I’m not understanding the police/firemen reasoning over people age 65. Healthcare makes sense because doctors are vectors for the disease and it would be best to get all of our healthcare up and fully functional.

  79. Libturd says:

    Trump, like any other manipulative narcissist, will do anything and everything necessary to continue to try to legitimize his fraud lie.

    JCER, the time to argue the changes was before the election. Not after. After, you are nothing more than a sore loser. And if there was fraud, who is to say it all came from the Left.

    Trump’s entire four years was fraught with lies. He ought to read Chicken Little some time.

    Like I’ve been saying for years. He is absolutely the worst president ever. Time will only make this more obvious.

    I only needed to see the evangelicals whooping it up in the Oval office in 2017 to see where his legacy was headed. A man who not once in his life belonged to a church. And then the stunt with the Black Caucus? Oy vey. There is no excuse for his behavior JCer. Either you are with him, or against him. (I didn’t just type that).

    It’s crazy. Most presidencies are remembered by a catch phrase, or a specific incident. Good or bad. Trump has so many whoppers that you can’t differentiate one over an other. It’s like a continues tide of imbecility.

  80. grim says:

    Why grow? Less liability. Less local hassle. Higher margin. Restrictive licensure. Scale.

  81. joyce says:

    Was anyone that you would say is associated with “the left” responsible for any violent or otherwise criminal behavior in the BLM protests?

    Fabius Maximus says:
    January 8, 2021 at 11:28 am
    3B
    I said right at the start that most of the violence in the BLM protests was coming from the right, hiding under the covers. I was laughed at derided, but ultimately proved correct. There’s a reason you don’t get the level of Portland in the North East of the county. Its because most of the hot beds of the right are in the NorthWest. Portland has a very bad White Supremist problem.

    I’m all for arrests for the destruction in Portland and Minneapolis. Why not start with Umbrella man.
    https://www.startribune.com/police-umbrella-man-was-a-white-supremacist-trying-to-incite-floyd-rioting/571932272/

  82. Juice Box says:

    Fab – The eye color of that suspect identified does not match “umbrella man”. None of the warrants executed turned up evidence including the cell phone tower records. It’s now know as a dead end tip. Perhaps a rival gang member wanted him out of the picture for their illegal activities, meth dealing etc and called in an anonymous tip?

    Was it a prankster or a an agent provocateur? We may never know.

  83. Juice Box says:

    BRT – Election Year? The old folks 65+ lean conservative and they only want their property taxes reduced, something Gov Phil cannot give them. Inoculate the firemen and cops? Sure he will need their votes in November.

    The primary is in 5 months, it will be here before you know it, only Doug Steinhardt is running against him so far. He is a nobody.

  84. Fabius Maximus says:

    Juice,

    I’ve been going since 6AM. I am not only one of the productive people, I’m “No Stimulus For You!”, productive.

  85. D-FENS says:

    Not that I’m surprised no one knows this but Jack Cittarelli announced his candidacy months ago.

    Juice Box says:
    January 8, 2021 at 12:12 pm
    BRT – Election Year? The old folks 65+ lean conservative and they only want their property taxes reduced, something Gov Phil cannot give them. Inoculate the firemen and cops? Sure he will need their votes in November.

    The primary is in 5 months, it will be here before you know it, only Doug Steinhardt is running against him so far. He is a nobody.

  86. Juice Box says:

    Eddie – Denmark’s birthrate being under the replacement rate for over 50 years now, after this show they might have to go full monty…somebody has to work to fund those pension payments.

  87. Fabius Maximus says:

    “The Mercs was a bad pardon move for foreign policy. What did he gain politically by that? ”

    Nothing political, but they were Eric Princes people. I suspect he needs Prince for personal security when he hits Dubai. Can rely on the locals or the protection detail.

  88. Juice Box says:

    Fab – 6AM? My dog wakes me up at 5 AM howling that I am not up yet. As far as being productive enough not to get stimulated, $150k a years\ means you need to clip coupons and shop at Walmart in this state. After the new Biden tax rates hit (we all know it will reach well below 400k a year) you yourself the mighty Fab will need to clip Papa John’s coupons and cut back to drinking Rheingold and smoking rag weed.

    Here is a coupon code for you. GR8PZZA. That will get you five one topping pizzas for $42.50, enough to feed your family for a week!

  89. Juice Box says:

    Musk blowing past Bezos.

    TSLA 877.93 +62.09 7.61%

    AMZN 3,166.00 +3.84 0.12%

  90. Libturd says:

    Sadly, Amazon is more green than Tesla.

  91. Juice Box says:

    Oh Boy.. I bet the password is BOTOX

    CONFIRMED: Speaker Nancy Pelosi’s laptop was stolen during the unrest at the U.S. Capitol via Reuters

  92. Libturd says:

    Juice,

    Joke about coupons and coupon codes, but my ability to find more and more savings due to oversubscribed IPOs that leave online retailers flush with money to waste on acquiring new subscribers has saved me at least ten times the amount of money I made if you add up all of my raises since 2000. I know people who make a decent living taking advantage of over generous promotions, class-action suits and buying crap with promo codes and reselling the same items on Ebay.

    One day, I am going to add it all up. Jr.’s Upromise 529K account has nearly 50K in it. Besides his birthday checks over $25 (which couldn’t have amounted to more than maybe 2 or3K) we never contrubuted a penny towards it. It’s all grown through wise elections in the fund and 5 and 10% refunds on everything we buy online or when we ate out or did take out.

    Supermarket coupons, credit card offers and checking account promotions probably saved us another $100,000 or so over the years. Actually, probably a lot more.

  93. Libturd says:

    Juice,

    Pelosi is no HRC. I would be very surprised if her laptop wasn’t encrypted. Then again, she fell for the hairdresser setup.

  94. Very Stable Genius says:

    The Associated Press
    @AP

    BREAKING:
    House Speaker Nancy Pelosi has spoken to the chairman of the Joint Chiefs of Staff about preventing President Donald Trump from initiating military actions or a nuclear strike.

  95. BRT says:

    Lib,

    there used to be blogs I would follow that had anticipated all the best deals, many of the times, free groceries if you combined them correctly. They used to deliver the circulars to Stop and Shop and leave them in a shopping cart near the entrance on Sat. night for insertion into the paper. You could just grab 20 or even 100 and they wouldn’t miss them. I used to go to the grocery store and come out with a cart of stuff for under $20. At one point, it was easy to anticipate it when people were selling coupons on ebay. They would dumpster dive or raid the circulars from a store and sell them online. I remember buying 30 pasta coupons for 2 dollars and flipping them into 30 free boxes of pasta while on sale. A lot of the guys selling any grocery at a flea market were doing these types of things and it was their full time job.

  96. Libturd says:

    I have bought many a 20% Lowes or Home Depot coupon from Ebay in my day. When you are buying 5K worth of stuff. It’s easily worth the $25 I paid to save $2K.

  97. Juice Box says:

    Lib – Simple encryption is not enough these days. They were apparently running on older tech. The CARES act was not passed in May, they did not get the $5 million in earmarked money in that legislation to update Congress and their staff’s hardware and software for Congress work remotely and securely.

    Also this.

    https://arstechnica.com/tech-policy/2021/01/pro-trump-reporter-gloats-over-access-to-fleeing-hill-staffers-computer/

    This screen shot of the email in Pelosi’s office shows one security hole already, the computer did not automatically lock, shows a lack care on their part. I would bet lots of other controls are turned off like two factor out of “convenience” for the Speaker of the House.

    If the laptop got into the wrong hands of a nation state actor we could see it’s contents on Wikileaks, they are using a laptop configuration that means Outlook is configured to store copies of everything locally. It does not take much to get into the email and local folders if you can get past the password. There are hacks too to bypass Microsoft security depending on versions etc.

    Not saying Billy Bob has the brains to do it, but who knows who was in that crowd that day, there had to be a few spies Russian, Iranian who knows maybe even a few Canadians.

  98. Juice Box says:

    Pelosi’s TDS knows no end. She has refused to speak to Trump in what over a year now? Did she call Chairman Xi and Putin already? Did she inform Nato?

    Pelosi is not in the military chain of command, or the right branch of government. They aren’t going to take orders from her and pull the football from Trump. If Trump gives any order and they disobey do to an “order” from Pelosi that is by definition Treason. Perhaps the acting Defense Secretary could do it along with Pence and the initiation the 25th amendment.

    They are playing extremely dangerous political games now, anything like this kind of talk gets our adversaries bombers fueled and out on runways and Missile silos readied.

  99. AP says:

    “They are playing extremely dangerous political games now”

    In normal circumstances yes, this would be unthinkable and extremely dangerous. But there’s a reasonable suspicion that unthinkable acts be attempted by the current administration before the inauguration. In order to prevent the inauguration or to ingratiate with foreign powers.

    With that in mind, this conversation seems entirely apropos.

  100. AP says:

    “shows a lack care on their part”

    If the infosec team for congress is as competent as it’s police, well there we are.

  101. Juice Box says:

    AP – Who exactly is going to stop the transition? Trump and what Army? It wasn’t the rednecks that showed up this week, most could barely climb the steps. You really believe the military is going to start rolling in tanks? It takes tanks for Coup, you have to crush the protestors that would show up. There would be a million people down in DC protesting before you know it, left and right side of the divide.

  102. AP says:

    Juice, I guess the worry is that the current administration may set some nukes flying and the situation gets so dire that all bets are off and he remains in power. Not making any statement about how probable that scenario is, but deserved to be considered, no?

  103. Juice Box says:

    AP – Pelosi could pick up the phone and call the President and ask for reassurances, calling the joint Chiefs and asking them to do what she did is wrong it’s not her place. It’s Pence’s job and I doubt he feels Trump is going to launch nukes or stop the transition.

    I am not kidding about the TDS. It’s about now at the point now where it is a blood feud.

    https://www.washingtonpost.com/powerpost/trump-pelosi-coronavirus-election/2020/10/17/392fcdd2-0fe1-11eb-8a35-237ef1eb2ef7_story.html

  104. AP says:

    Juice, “ask for reassurances”.

    This is where integrity matters. There’s reasons to doubt he would be entirely forthcoming. His approach to truth-telling has been called into doubt.

  105. chicagofinance says:

    That will melt Fab’s retinas…….

    Libturd says:
    January 8, 2021 at 1:04 pm
    Chi will like this.

    https://fb.watch/2Um3kMnKLT/

  106. Libturd says:

    And fry Gary’s brain.

  107. 30 year realtor says:

    Keep calling it TDS. The implication is that being alarmed by Trump is unjustified. Clearly this is not the case. Perhaps those who are deranged are the ones who aren’t alarmed.

  108. Hold my beer says:

    Narcissistic populists prefer to burn the place down. He has throw anyone and everyone under the bus. This week he even turned the crowd on Pence and McConnell. Will he bomb another country, declare martial law, ask for true patriots to come defend him at the white house, or some other thing but this is not over. Especially if there’s a trail from him to the poor security for Wednesday’s vote.

  109. Libturd says:

    Yes, Pelosi is playing political theater. But don’t think that in the background, General Milley hasn’t already been in touch with both of them and Mitch as well. You guys act like these officials never talk with each other. It works more like a football game. When the clock is running, these guys want each other’s necks. But when the buzzer sounds, they ask how each other’s families are doing.

    I read that during the false insurrection, when members from both sides of the senate floor were warned that the barriers were breached, they all started chirping with each other about the continued lunacy of the Trump supporters. I heard some started arguing with each other too.

  110. ExEssex says:

    They’re finding feces rubbed on the walls of the Capitol.
    Tell me more about these patriots?

  111. Juice Box says:

    30 year – What we’ve got here is failure to communicate, they are just down the street from each other, just like any feud with the neighbors, the need to deescalate for the good of the country.

    Mike Pence did his job and certified the election, but that was not enough, so Trump made his speech about peaceful transition. Still not enough.

    Both sides now need to deescalate. Trump did that, and Nancy is doubling down. She wants him tossed out, and continues to pressure Pence to invoke 25th amendment, it’s a blood feud and she already won but now wants extermination of the whole blood line.

    See it for what it is. Both are wrong and are acting like children, but now signaling publicly to our enemies that we no longer have first strike capability because the President many now have fake launch codes? There was no need to broadcast that to the world in the news. Telling the world that Trump is no longer in control of the military was done to score political points, it should have been kept top secret if anything at all mentioned to anybody anywhere.

    What happens if someone attacks us? We have loads of enemies. Do the joint Chiefs need to call Pelosi for permission to defend us?

  112. 30 year realtor says:

    Juice,

    I wasn’t speaking specifically to the Pelosi/Trump feuding or who is in charge. My comment was only meant to belittle the term TDS.

  113. Juice Box says:

    On top of the 50 troopers Gov Murphy is now sending 500 guardsmen on a vacation to Washington DC instead of having them work on delivering 400,000 thousand doses of Covid-19 vaccines to the elderly.

    https://www.nj.com/politics/2021/01/nj-national-guard-preparing-for-deployment-to-dc-in-response-to-violent-insurrection.html

  114. Juice Box says:

    30 year sorry about that. Let’s discuss her, she refuses to speak to Trump since the blow up in October of 2019 over our withdrawal from Syria of all places. A good Catholic would rise and be better person. I know Trump is a dick, but please she should not be in charge either.

  115. Very Stable Genius says:

    Is the daughter-in-law still aiming for a southern Senate seat?

  116. Libturd says:

    Trump did that, and Nancy is doubling down.

    Really, the announcement of his non-attendance at the inauguration? You should praise Pelosi for making Biden call Trump to have his loonies go home. They would have been there all night otherwise.

    I agree that Pelosi shouldn’t be flaunting it and I can’t stand her as well. But Trump NEEDS TO STEP DOWN ON HIS OWN. Let Pence begin the reconciliation for the sake of the country.

  117. Very Stable Genius says:

    @CNN

    BREAKING:

    The House of Representatives will introduce articles of impeachment against President Trump as early as Monday, sources say

  118. Juice Box says:

    More zero self awareness from a Politican. How about distribute the million doses of covid vaccines sitting in cold storage, stop threatening health care providers in your state and let them do their jobs.

    Andrew Cuomo@NYGovCuom · 43m

    I call on President Trump to resign.

    If he refuses, I call for impeachment.

  119. Juice Box says:

    Lib – When did Biden invite him? So far Pence has yet to get an invite either.

    https://www.cnn.com/2021/01/07/politics/mike-pence-joe-biden-inauguration/index.html

  120. Juice Box says:

    Let’s all go home for the weekend and wait until Monday to impeach the mad king. He won’t launch nukes on a weekend right?

  121. AP says:

    “500 guardsmen on a vacation to Washington DC”

    Good. Word on the forums is that the “patriots” are planning on returning to DC for the inauguration. Bombs have been planted before. Anything is possible.

  122. AP says:

    I mean I shouldn’t put patriots in scare quotes. They are patriots, for the confederacy ;-)

  123. Libturd says:

    Come on Juice. They never receive formal invitations. Stop being so lefty/righty.

    I will say this. The damage done to the right is immeasurable. The focus should be on saving face at this point. Every knock they try to make on the left worsens their cause at this point. The left, at this point, has complete immunity. Thank to Donald.

  124. 30 year realtor says:

    My greatest trouble with Pelosi is age and years in office. I don’t always agree with her policy or strategy. I respect her.. She is an outstanding Speaker. Like her or not, she runs her caucus and agenda like a clock. She is a smart and tough old broad. I’d rather have her on my team than be forced to play against her.

    On the specifics of usurping chain of command, not sure if you are reading this accurately. Looks to me to be more of a we need to take a close look at any orders of an extraordinary nature until Trump leaves office. Part theater and part caution. Nowhere do I get the sense that she is trying to take over as commander and chief.

  125. Grim says:

    On top of the 50 troopers Gov Murphy is now sending 500 guardsmen on a vacation to Washington DC instead of having them work on delivering 400,000 thousand doses of Covid-19 vaccines to the elderly.

    I thought NJ didn’t have the budget to deploy the guard to distribute vaccines. What happened? We found budget to send them on a field trip to Washington?

  126. Very Stable Genius says:

    “Many are asking what sedition, insurrection and treason mean following the storming of the US Capitol

    After a pro-Trump mob stormed the US Capitol, politicians including President-elect Joe Biden and Senate Majority Leader Mitch McConnell referred to the incident as an insurrection or “bordering on sedition”. Sedition, insurrection and treason are all crimes under the 18 United States Code Chapter 115 and can lead to prison terms or hefty fines. Expressly, they forbid Americans from conspiring to overthrow, destroy or levy war against the US Government; or engage in a rebellion, attempt to kill the sovereign or seize US property without authority.”

  127. D-FENS says:

    Someone was posting pictures of her laptop on twitter…it was still logged in and MS Outlook was open.

    Libturd says:
    January 8, 2021 at 12:52 pm
    Juice,

    Pelosi is no HRC. I would be very surprised if her laptop wasn’t encrypted. Then again, she fell for the hairdresser setup.

  128. Juice Box says:

    Ho ho ho seems a few more State Police volunteered too count is up to 74. They will be there through the 20th.

    Word is only rooms available are at Trump International Hotel Washington, D.C @ $1200 a night x 12 nights or so that is about $600,000 in Hotel rooms alone. <—Joke here, but really there won't be a cheap room in town with all of the National Guard deployed staying to guard empty stands and the empty national mall. Nobody is supposed to show up remember Corona Virus restrictions.

    Who want to be there will be more people there than Trumps inauguration?

  129. Juice Box says:

    Lib – Genius investor that you are, did you not see the link I posted it was from CNN. It was thoroughly fact checked as in swear to god it’s the truth.

    You cannot get into the inauguration without an invite. Go Ahead and Try it, prove me wrong!

  130. AP says:

    Re national guard in DC.

    Meh, we can probably find temp workers to file out the vaccines for $20/hr. Defending the capital against organized and rabid mobs of insaniacs? Priceless.

  131. Libturd says:

    Juice, I didn’t check a link. CNN blows. Trust me on this one. The prior pres and vice don’t need an invite nor traditionally get one. This is the made up bullsh1t tit for tat crap that is killing our country.

  132. Juice Box says:

    Fun fact, the VP has a nuke football too, and military follows Pence around everywhere as well. You don’t see them but they are there, and like the President the VP has an advance team to stage things for his arrival, one of those being military grade secure, jam resistant communications to Milstar satellites and NORAD. Trump cannot go rouge like some people and politicans might think. The Defense Secretary via the two man rule must validate, how that happens is classified but there is a process.

    Just before the inauguration Biden will get his football and codes at the White House. Trump is supposed to be there for the handoff of the football, there is only one extra Football supposedly so he cannot be in Dubai, Russia or Scotland at that time he needs to be in Washington DC during transition. Biden’s codes go active and can only be authenticated right after the noon swearing in.

    Let’s hope the Military did not decide to go with Microsoft tech when upgraded…Nothing worse than a blue screen after boot…

  133. Juice Box says:

    Lib — you swear CNN blows? <—- tongue-in-cheek again.

  134. Libturd says:

    Bet the cost to send the troopers to DC will end up costing more than cop cams we couldn’t afford. What do state troopers get paid to travel? Would love to know that answer. Private sector doesn’t even get to keep the hotel points.

  135. Juice Box says:

    NJ has spent more on our failed contract tracing much more than vaccinating, there are 3,500 contact tracers, at $30 and hour that is over $4 million a week.

  136. Libturd says:

    I know that it cost a million to send 50 troopers to Puerto Rico for two weeks. Perhaps they should talk with Melendez first next time. He travels for free apparently.

  137. Libturd says:

    What’s $1,500 per day? Gotta include travel pay, no?

  138. Hold my beer says:

    A poll claims 45% of republican voters approve of the riots.
    https://www.newsweek.com/45-percent-republican-voters-support-storming-capitol-1559662

    I’m very upset with the riot. Was there a conspiracy to allow this to happen or just poor planning and arrogance? It is very sad how divisive we have become that so many people approve of what happened and laugh about it. Dozens of cops were injured. At least 5 people died. Laptops containing national security info have been stolen, and the whole world got to witness it.

    Remember after 9/11 congress members from both parties gathered on the steps and sang god bless america? And Back in the 80s and 90s senators and congressman actually had negotiations and did not always follow their party’s lead. Now virtually everything is voted along straight party lines, and those who go against their party get threatened with getting primaried or having their campaign funds cut off.

    Meanwhile little to none is done to address the systemic problems in this country. Money plays way too big a role in our elections. Healthcare costs are astronomical, our infrastructure is crumbling and is an embarrassment compared to most asian countries, and good jobs in manufacturing and services are exported. And high paying jobs in this country are moving from high cost areas to lower cost ones and eventually those will probably wind up in bangalore and manilla too.

  139. ExEssex says:

    Winners & Losers …. they lost.
    F#ck em. Stakes are too high to try to convince
    Retards that they are stupid.

  140. AP says:

    “in manufacturing and services are exported. And high paying jobs in this country are moving from high cost areas to lower cost ones and eventually those will probably wind up in bangalore and manilla too.”

    Private sector driven by unrealistic growth imperatives will suck the country dry and feel no remorse. Job creators. Makers, all of them.

  141. Hold my beer says:

    Karen of the day

    Crying because she got maced while storming the capitol for a “revolution”. That’s what she called it.

    https://nypost.com/2021/01/08/capitol-rioter-elizabeth-from-knoxville-sparks-mockery-online/

    I hope this video is Exhibit A at her trial.

  142. Very Stable Genius says:

    “Man who broke into Pelosi’s office and a West Virginia state legislator among those facing federal charges.

    Richard Barnett, the man who was photographed with his feet resting on House Speaker Nancy Pelosi’s desk after a pro-Trump mob stormed the Capitol on Wednesday, has been arrested and charged with three federal counts, including theft of property. West Virginia state legislator Derrick Evans, who live streamed himself storming in to the Capitol building, has been charged with entering a restricted area by federal prosecutors.”

  143. Hold my beer says:

    AP

    Thinking for quarter to quarter growth instead of playing the long game is terrible. Like the new tech CEO comes in and cuts R & D by 90%. On paper costs go down and profits shoot up. 2 years later with nothing in the pipeline the company is forced to grow by paying a premium for buying other businesses. But the CEO doesn’t care. Stock has gone up from his cost cutting and announced stock buybacks and his contract has bonus clauses in it for acquisitions. Meanwhile the business has to overpay for growth and after 5 years the stock price is lower than when the CEO took over and is in financial trouble. But he doesn’t care. He cashed in his stock options and grants after 3 years and leaves to suck dry another company. And the street gurus will just keep cheering him on.

  144. Very Stable Genius says:

    NPR
    @NPR

    Brian Sicknick was a military veteran who had served in the Capitol Police for 12 years. His death brings the total number of fatalities from the insurrection to five.

    The Justice Department is opening a federal murder investigation, a source tells NPR.

  145. AP says:

    HMB, right on. I have no beef with the private sector, on the contrary. It buys me cans of beans : ) But the way we’re going, we’ll run out of planet soon.

    The financialization of everything. Free money for Big Corp, austerity for the average Joe, who might as well go bankrupt paying for her at surgery.

    The problems are pervasive and go well beyond government pork.

  146. Juice Box says:

    I am surprised that good ole boy from Arkansas who lounged in Pelosi’s office did not go out in a body bag, he said was prepared to die in one interview. Did Swat use the Helicopter this time, with a no-knock warrant?

    Cumon already DOJ and FBI, there are complaints that these domestic terrorists are not being treated worse than BLM. Step it up already.

    Somebody is also auditioning for a bigger role in the DOJ..

    “The shocking images of Mr. Barnett with his boots up on a desk in the Speaker of the House’s office on Wednesday was repulsive,” said Jeffrey A. Rosen, Acting Attorney General of the United States.

    Repulsive? Dirty Shoes on a desk? Does this Attorney General have a foot fetish? It’s not like he defiled the place…and took a dump in the desk drawer.

  147. Bystander says:

    Busy day but I agree with Ed. Most conservatives I know are cognitively comatose.

    “liberal as using an emotional state that results in consciousness and a conservative maintaining the opposite perspective”

  148. Bystander says:

    By Ed’s definition, the Orange Clown is the most liberal person that ever lived and he thought he was greatest president of his lifetime. Classic Ed. I love it.

  149. Grim says:

    Texas, California, New York, and Florida hit 2.15m doses administered

  150. AP says:

    “Repulsive?” Definitely!

  151. ExEssex says:

    I think Eddie secretly likes liberal causes.
    And ladies under garments.

  152. Bystander says:

    Wow D. That might be the most LGBTQ thing you have admitted on this blog. My gay neighbors used to do this when I lived in Weehawken..no joke. They polished off bottles of Vodka each week. No space for my stuff in recycling bin. Good guys though.

    “All I know is I’ll be dancing to Gloria…high and drunk “

  153. Walter White Financial Advisors says:

    Grim,

    About your MJ venture. One of the issues you are going to face is with employees as you will have run a cash operation, but unlike organized crime enterprises, you are going to be visible to the IRS.

    So is not just paying them in a cash envelope. Is the reality that handling them as W-2 employees will create problems for you when you can’t have a business bank account or if you do it will be under very close scrutiny.

    A solution recommended is overpaying in cash. Treating them as 1099 contractors so all you report are the 1099 from your entities. But you provide them with free assistance of professional accountants that will ensure that they are on the straight road with paying their quarterly tax payments, get individual health insurance, individual 401k or SEP-IRA, deduct all deductible stuff and incorporate themselves if needed.

    You will do this because pot aficionados are not the most reliable people. And if they are nice and clean in the eyes of the IRS it will reflect on you in your cash based business. See some Breaking Bad money management episodes.

  154. Juice Box says:

    Essex – I would argue there is no such thing as a conservative from Jersey City or some haughty train town in Bergen County, they simply are not accepted by anyone considered a real rock ribbed conservative because they simply come from this area.

    For example. I will pick on Eddie as and example. Lets see, I bet he does not even own a gun, does not go hunting for bambi and has never attended a Mega Church picnic or a State Fair in August or has ever eaten a corn dog fresh out of the fryer. I bet he does not own a pair of cowboy boots or even a t-shirt that declares he is a straight white male that he would ever wear to the local Walmart.

    Based on his posts I even bet he even cries maybe sometime more than most liberal Catholics, not that there is anything wrong with that!

  155. Juice Box says:

    The “More Act” passed the House last month to correct the Mary Jane banking issues…so expect new sweeping Federal legislation again to correct the Mary Jane banking issues Congress now that cocaine Mitch is out, nobody left to really keep it from a floor vote in the Senate.

    Federal legislation is in the pipeline and Sleepy Joe will sign anything so he can go back to nap time.

  156. Juice Box says:

    Here is the trillion dollar steal folks, recap and release Fannie and Freddie before Jan 20th..

    https://www.americanbanker.com/news/are-treasury-fhfa-running-out-of-time-to-approve-gse-capital-boost

  157. ExEssex says:

    Twitter perms-bans Trump.

  158. Fabius Maximus says:

    HMB

    “Remember after 9/11 congress members from both parties gathered on the steps and sang god bless america? ”

    How high does the bar have to be set before people start breaking with Donnie. It took until after the riot to get the likes of Lindsey Graham to UTurn. Even with the riot, we have six senators and about 100 House members still with him.

  159. aj says:

    Unintended benefit of NJ being slow to vaccinate is that we let the rest of the country do a full out live trial first.

  160. Fabius Maximus says:

    “That will melt Fab’s retinas…….”

    Why would that be?

    Still trying to pin that garbage Anti-Semitic trope on me. At this point I have to assume its pure projection. We know how you can smile and chat with you clients while you hate their entitlement on the inside.

    Shabat Shalom

  161. Fabius Maximus says:

    So the House cant meet until Monday because the GOP are blocking.

    https://twitter.com/SamanthaCorbin/status/1347664915192901632
    “YES, we all want to see impeachment articles filled ASAP. Unfortunately, House Rules require unanimous consent in order to meet sooner than Monday and McCarthy is objecting. Put another way, we have to wait because Republicans continue to obstruct the pursuit of justice.”

  162. The Great Pumpkin says:

    How will we be safe without them?

    “On top of the 50 troopers Gov Murphy is now sending 500 guardsmen on a vacation to Washington DC instead of having them work on delivering 400,000 thousand doses of Covid-19 vaccines to the elderly.”

  163. Fast Eddie says:

    Bystander.

    If you twisted those words any more, they would snap.

  164. Fast Eddie says:

    Juice Box,

    Liberal Catholic? Lol. Cowboy boots? I grew up in Jersey, not Texas, so… okay then.

  165. Libturd says:

    Oddly,

    I’m closer to one of those seditionists than Gary is, I think.

  166. Bystander says:

    Ed,

    Just messin’. I love those posts particularly when they are followed by ‘f-in die, you piece of sh*t liberal scum.’

    Juice had question of day – “Alcohol or marijuana tonight or both? ”

    Perhaps both and some Heads. This version is amazing with Belew on guitar.

    https://www.youtube.com/watch?v=nZ8GumPYT5E

  167. Marcelo says:

    Hi Grim, I was told you are looking to put a team together for cannabis licensing.

    I have over a decade of experience in this space designing growing, extracting (certified) product development and RandD.
    Past work/license includes New Jersey and Oregon.

    Contact me at your earliest convenience via this email address.
    Best,
    Marcelo

  168. Democratnomore says:

    I haven’t posted in a while so I don’t remember the name I was using.

    Anyway….I am more interested in Libturd’s financial advice then anything else. That should be your second act…forget the ribs…you need your own website to help others see how to save money.

  169. ExEssex says:

    Cowboy boots – I have an amazing simple pair made by hand that feels like butter!
    I believe they are made of horse hide. The last live act I saw before lockdown was Willie Nelson. We sat in the front row in Bakersfield.
    As for corn dogs : https://www.wienerschnitzel.com/food/hot-dogs/

  170. Bystander says:

    Ex,

    Nice. I have not seen Willie in years. He was high priority in 2020. Love Complete Atlantic Records Sessions, particularly Live At Opry shows. Great stuff. The Willie After Hours track is real cool too as completely different jazz side of him.

  171. Libturd says:

    Demo,

    Start by reading mymoneyblog.com, join an investment club that subscribes to betterinvesting.org and buy a book every year which focuses on the latest deduction changes to your income taxes. Check out the doubledeals at livingrichwithcoupons. Then learn the magic of Rakutan, Ibotta and RetailMeNot. Finally, scan dealnews.com.

    The truth is. Save early, save often and don’t gamble on the market. Buy only boring companies that have 20% growth in earnings and sales for the last five years when they are undervalued. Chart their P/E channel and only buy when stock touches the bottom of the channel. Sell when it touches the top. Rinse and repeat. Forget options and anything people are talking about. It’s already to late. At times of uncertainty, diversify more. I don’t purchase stock often. I mainly use ETFs and try to juice the returns with an occasional stock. My last pick, which I shared with NOM when he asked for a pick has nearly tripled the index it was in since April 14th. You’ve never heard of it. It’s BLD. They specialize in insulating new construction homes. Yeah, boring dependable earnings. My latest pick is an undervalued company that sells pet and landscaping products. The symbol is CENT. These are the only two stocks I have purchased this year. I also have some Amazon that I brought when the P/E dipped into the 70s back in 2018 and some long held Adobe stock also bought cheap. That’s it. Good luck.

  172. The Great Pumpkin says:

    Are you advocating for destroying the economy? If everyone was this cheap, the economy would break. He gets it below cost. There is no free lunch. If everyone behaved in this manor, goodbye economy.

    “That should be your second act…forget the ribs…you need your own website to help others see how to save money.”

  173. chicagofinance says:

    Noonan WSJ:

    Bring the Insurrectionists to Justice

    The politicians who egged them on should also be made to pay a heavy price.

    By Peggy Noonan

    How do we deal with all that has happened?

    We remember who we are. We are a great nation and a strong one; we have, since our beginning, been a miracle in the political history of man. We have brought much good. We are also in trouble, no point not admitting it.

    We regain our confidence. We’ve got through trouble before. We love this place and will keep it. We have a Constitution that’s gotten us this far and will get us further.

    We lower the boom. No civilized country can accept or allow what we saw Wednesday with the violent assault on the U.S. Capitol. This was an attack on democracy itself. That is not just a phrase. Rule by the people relies on adherence to law and process. The assault and siege was an attempt to stop the work of democracy by halting the peaceful transfer of presidential power, our crowning glory for more than two centuries.

    When something like this happens it tends to be repeated. It is our job to make sure it is not.

    And so we should come down like a hammer on all those responsible, moving with brute dispatch against members of the mob and their instigators.

    On the rioters: Find them, drag them out of their basements, and bring them to justice. Use all resources, whatever it takes, with focus and speed. We have pictures of half of them; they like to pose. They larked about taking selfies and smiling unashamed smiles as one strolled out with a House podium. They were so arrogant they were quoted by name in news reports. It is our good luck they are idiots. Capitalize on that luck.

    Throw the book at them. Make it a book of commentaries on the Constitution. Throw it hard.

    They have shamed and embarrassed their country in the eyes of the world, which is not only a painful fact but a dangerous one. The world, and the young—all of us—need to see them pay the price.

    Now to the devil and his apprentices.

    As for the chief instigator, the president of the United States, he should be removed from office by the 25th Amendment or impeachment, whichever is faster. This, with only a week and a half to go, would be a most extraordinary action, but this has been an extraordinary time. Mike Pence is a normal American political figure; he will not have to mount a new government; he appears to be sane; he will in this brief, strange interlude do fine.

    The president should be removed for reasons of justice—he urged a crowd to march on Congress, and, when it turned violent, had to be dragged into telling them, equivocally, to go home—and prudence. Mitt Romney had it exactly right: “What happened here . . . was an insurrection, incited by the president of the United States.” As for prudence, Mr. Trump is a sick, bad man and therefore, as president, a dangerous one. He has grown casually bloody-minded, nattering on about force and denouncing even his own vice president as a coward for not supporting unconstitutional measures. No one seems to be certain how Mr. Trump spends his days. He doesn’t bother to do his job. The White House is in meltdown. The only thing that captures his interest is the fact that he lost, which fills him with thoughts of vengeance.

    Removing him would go some distance to restoring our reputation, reinforcing our standards, and clarifying constitutional boundaries for future presidents who might need it.

    As for his appointees and staff, the garbage they talk to rationalize their staying is no longer acceptable to anyone. “But my career.” Your career, in the great scheme of things, is nothing. “But my future in politics.” Your future, even if your wildest schemes are fulfilled, is a footnote to a footnote. There are ways to be a footnote honorably. “But my kids.” When they are 20 they will read the history. You want them proud of your role, not petitioning the court for a name change.

    It was honorable to arrive with high hopes and idealistic commitments. It is not honorable to stay.

    As for the other instigators, a side note.

    True conservatives tend to have a particular understanding of the fragility of things. They understand that every human institution is, in its way, built on sand. It’s all so frail. They see how thin the veil is between civilization and chaos, and understand that we have to go through every day, each in our way, trying to make the veil thicker. And so we value the things in the phrase that others use to disparage us, “law and order.” Yes, always, the rule of law, and order so that the people of a great nation can move freely on the streets and do their work and pursue their lives.

    To the devil’s apprentices, Sens. Josh Hawley and Ted Cruz. They are clever men, highly educated, well-credentialed, endlessly articulate. They see themselves as leading conservative lights, but in this drama they have proved themselves punks practicing punk politics. They are like people who know the value of nothing, who see no frailty around them, who inherited a great deal—an estate built by the work and wealth of others—and feel no responsibility for maintaining the foundation because pop gave them a strong house, right? They are careless inheritors of a nation, an institution, a party that previous generations built at some cost.

    They backed a lie and held out the chimera of some possible Trump victory that couldn’t happen, and hid behind the pretense that they were just trying to be fair to all parties and investigate any suspicions of vote fraud, when what they were really doing was playing—coolly, with lawyerly sophistication—not to the base but to the sickness within the base. They should have stood up and told the truth, that democracy moves forward, that the election was imperfect as all elections are, and more so because of the pandemic rules, which need to be changed, but the fact is the voters of America chose Biden-Harris, not Trump-Pence.

    Here’s to you, boys. Did you see the broken glass, the crowd roaming the halls like vandals in late Rome, the staff cowering in locked closets and barricading offices? Look on your mighty works and despair.

    The price they will pay is up to their states. But the reputational cost should be harsh and high.

    Again, on the president: There have been leaders before who, facing imminent downfall, decide to tear everything down with them. They want to go out surrounded by flames. Hitler, at the end, wanted to blow up Germany, its buildings and bridges. His people had let him down. Now he hated them. They must suffer.

    I have resisted Nazi comparisons for five years, for the most part easily. But that is like what is happening here, the same kind of spirit, as the president departs, as he angrily channel-surfs in his bunker.

    He is a bad man and not a stable one and he is dangerous. America is not safe in his hands.

    It is not too late. Removal of the president would be the prudent move, not the wild one. Get rid of him. Now.

  174. Democratnomore says:

    Libturd …. thank you, it was generous of you to share
    Well….if I was cheaper then maybe I would be on our way to 3 million instead of 1/6 th of that in retirement accounts and very close to retirement for SO. We just received an inheritance and I want to be smart with it.
    I admire what Libturd has accomplished, truly the millionaire next door.

  175. Grim says:

    We need to open to 1b now.

    Healthcare workers had their opportunity, they declined, move on.

  176. AP says:

    Chi, great post. Some highlights:

    1. “Now to the devil and his apprentices.”
    2. “When they are 20 they will read the history. You want them proud of your role, not petitioning the court for a name change.”
    3. “Hitler, at the end, wanted to blow up Germany, its buildings and bridges. His people had let him down. Now he hated them. They must suffer.”

    She often writes like life is an endless Reagan stump speech (not a compliment) but …wow.

    The cynic in me wants to say that she must have sensed existential danger to the party, but I’ll take it. She’ll get through to some people that matter.

  177. AP says:

    Noonan on the eve of the Iraq Invasion, when it mattered greatly:

    “Yes. Ultimately it’s all a big gut call. We probably have as much information and data as we’re going to get, and after more than a year of thought and argument and pondering and judging, it’s decision time, and a lot of us will go with our guts. Because I do not trust Saddam, because I believe he is keeping and developing weapons of mass destruction for a reason, because I feel they will ultimately be used in a way that expresses Saddam’s nihilism and sadism, I have come to the conclusion that we must move. I do not imagine an invasion will be swift and produce minimal losses. But I believe not stepping in is, at this point, more dangerous than stepping in.”

    Later when the war turned unpopular in 2005 she backtracked, although I’m not sure she ever apologized.

  178. The Great Pumpkin says:

    This clown. Who do you think is moving there? If they are rich, they are old. If they are young, they are total trash. Every single loser I knew growing up, is now in Florida or arizona. Trust me, dude, you can have them.

    “Go ahead and laugh. But if we’re such a joke state, why are all of your neighbors moving here?”

    https://www.wsj.com/articles/a-message-to-the-haters-from-florida-man-11610147402?st=bp0rz69jleawbnb&reflink=article_copyURL_share

  179. The Great Pumpkin says:

    Admirable, but understand that if everyone behaved like this, businesses would go out of business. He costs businesses money because he takes their freebies they use to market and doesn’t hang around. So he is getting the cost subsidized by everyone else. Yea, the guy complaining about govt workers is being subsidized by other customers paying a higher a price so he can go from company to company figuring out how to shake them down without giving them a dollar of profit.

    Remember, there is no free lunch. If you are getting it so cheap and below cost, someone else is paying for it.

    Democratnomore says:
    January 9, 2021 at 1:04 am
    Libturd …. thank you, it was generous of you to share
    Well….if I was cheaper then maybe I would be on our way to 3 million instead of 1/6 th of that in retirement accounts and very close to retirement for SO. We just received an inheritance and I want to be smart with it.
    I admire what Libturd has accomplished, truly the millionaire next door.

  180. The Great Pumpkin says:

    I’m a believer in helping businesses I value. I have no problem paying full price and helping that business to survive in the long term if I value what they provide.

  181. Hold my beer says:

    Pumps

    I guess Musk couldn’t make it in California. /off sarcasm

    Charles Schwab is moving its headquarters to DFW area too this year.

    When’s the last time a billionaire or huge company decided to relocate to New Jersey?

  182. Phoenix says:

    Bring the Insurrectionists to Justice
    The president should be removed for reasons of justice
    Find them, drag them out of their basements, and bring them to justice.
    The president should be removed for reasons of justice.

    What is justice? I haven’t experienced justice in America, I was born here and paid taxes here. Worked my whole life.

    This “justice” thing is very curious to me. Seems like only a select few ever seem to get it. I’d like to know how I can get my share.

  183. The Great Pumpkin says:

    Hold,

    What does it matter? If all the companies and good jobs move to Texas, then your state becomes NJ and California. Places you seem to hate. So why are you bragging about your state becoming the next high cost blue state?

  184. The Great Pumpkin says:

    Hold, by the way, tepper moved back to NJ from Florida. Guess he didn’t enjoy it too much. For how small nj is, we have enough billionaires and millionaires.

  185. Hold my beer says:

    Pumps

    If my area turns into California, I can sell my place and move next to libturd in Costa Rica.

  186. The Great Pumpkin says:

    Yea, so you aspire to be like the state you bash.

    You see, I don’t it get it twisted. I know high cost places like Cali are the optimum places to live in this country. That’s why they cost so much. It’s desirable. No one is coming because it’s cheap, they are coming because it’s desirable.

  187. AP says:

    “What is justice?”

    Let’s start with what it isn’t.

    It isn’t Law, which can be utterly unjust at times. (Slavery, Jim Crow, etc)

    It isn’t order, which can be predatory and murderous.

    It isn’t Karma, which has been misunderstood to be a type of cosmic justice. It’s not that simple.

    Justice, to me, is above all a positive moral sentiment, deeply embedded in our brains, which transcends party and politics.

    It is also a blessing.

    This quote by the philosopher John Rawls bears attention:

    “Justice is the first virtue of social institutions, as truth is of systems of thought. A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust.”

    When Rep. John Lewis crossed that bridge in Selma, that’s Justice in action.

  188. Phoenix says:

    Just to be clear, is this what Peggy Noonan is advocating? Cause I don’t think so…

    “Justice, to me, is above all a positive moral sentiment, deeply embedded in our brains, which transcends party and politics.

    It is also a blessing.

    “This quote by the philosopher John Rawls bears attention:

    “Justice is the first virtue of social institutions, as truth is of systems of thought. A theory however elegant and economical must be rejected or revised if it is untrue; likewise laws and institutions no matter how efficient and well-arranged must be reformed or abolished if they are unjust.”

    When Rep. John Lewis crossed that bridge in Selma, that’s Justice in action.”

  189. 3b says:

    I have a great pair of lizard and amardillo cowboy boots bought them in Mexico years ago.

  190. Phoenix says:

    “If my area turns into California, I can sell my place and move next to libturd in Costa Rica.”

    NJ is a place to make money, leave debt, then find a place like Costa Rica where you can ride off into the sunset on their social support system.

  191. Phoenix says:

    3b,

    But can you do the 2 step?

  192. Juice Box says:

    Vaccine Spin…..

    “Gov Murphy says we still don’t have enough doses 4 weeks after vaccination rollout

    Federal distribution could change after President-elect Joe Biden is inaugurated. He said on Friday that he would release all vaccine doses rather than hold back half of the supply to make sure second doses are available in a reversal of current policy, CNN reported Friday.

    As of Friday, the state has received 572,250 doses and it has administered 156,021 first doses, according to the Centers for Disease Control and Prevention (CDC). And earlier this week, the state started to administer second doses to frontline healthcare workers who already received their first dose.

    Murphy said that while the data makes it look like there are vaccines sitting on the shelf, that’s incorrect. Part of the problem, he said, is there are lags in reporting in some cases. In other cases, he said, vaccines are earmarked for administration but it just hasn’t happened yet.

    For instance, CVS and Walgreens are dealing with long-term care facilities that they’re going to be going through in January and February, so it looks like (vaccines) are not being used but there’s a plan explicitly for them to get that out,” he said. “CVS, Walgreens, know what they’re going to do over the next four to eight weeks. It may look like they’re sitting on a shelf but in fact they are dedicated to a particular game plan that’s been laid out.”

    https://www.nj.com/coronavirus/2021/01/nj-covid-vaccine-murphy-says-we-still-dont-have-enough-doses-4-weeks-after-vaccination-rollout.html

  193. AP says:

    Phoenix: “is this what Peggy Noonan is advocating?”

    Doesn’t read that way to me. I give her credit for seeing the writing on the wall this time though. Maybe she can change and come off the partisan stuff before retirement. Her voice could still do a lot of good.

  194. Fabius Maximus says:

    Noonan is a hack. Her order of greatness is God, Jesus, the Pope and Saint Ronnie. GOP are all good and misguided when they are wrong. Dems are all bad. Clinton (Bill and/or HRC) are just above the devil.

    Donnie is the outlier. She doesnt like him. I wonder why? They are around the same age and would have crossed paths in NY many times. So I wonder if its a case that h “Grabbed her by the …. ” or didn’t.

  195. Libturd says:

    Murphy is so full of sh1t.

    This is a convenient excuse. Any planned delay equals more unnecessary sickness and death.

  196. libturd says:

    Pumps,

    Did you get a Covid Check? Did you accept it? Fcuk off. What kind of car are you driving? Fcuk off. Grandma didn’t give ME no check. As to your Ark Funds idea. You really are a complete fool besides a compulsive liar.

    Demo,

    Make believe you never got that inheritance. Seriously. Put it into some no or low cost etfs in horizontal and vertically diversified ETFs and contribute the max amount into a ROTH IRA in both your partner and your name. You can still open one for 2020 and can contribute for 2021 too. That’s $24,000 out of site, out of mind. Nine out of ten people will run out and buy a 40K car when receiving an inheritance. In thirty years, you’ll be able to buy four of them. I should be getting one soon too, but I never give it much thought, nor do I social security. Best to not consider them part of your retirement. Much like I tell public workers to save outside of their pension since a pension can go boom. Good luck. Open them IRAs.

  197. Chicago says:

    One can critique Noonan in a lot of ways, but “hack” would be one of the least relevant.

    If anyone is a hack, it is you Mr. Camp Auschwitz.

    Fabius Maximus says:
    January 9, 2021 at 10:28 am
    Noonan is a hack. Her order of greatness is God, Jesus, the Pope and Saint Ronnie. GOP are all good and misguided when they are wrong. Dems are all bad. Clinton (Bill and/or HRC) are just above the devil.

    Donnie is the outlier. She doesnt like him. I wonder why? They are around the same age and would have crossed paths in NY many times. So I wonder if its a case that h “Grabbed her by the …. ” or didn’t

  198. Juice Box says:

    Across the country there are 12 million doses sitting in cold storage right now. To reach her immunity of 70% by the spring, we need to start injecting 1.8 million doses every single day between now an May.

    The plan to do multiple phases and sub-phases needs to be simplified. It should be administered to whoever will take them first come first serve age 65 + and up and move on down from there. This will ease the pressure on Hospitals as we should see an immediate drop-off in patients in the ICU and deaths.

    This cannot be just an effort done by the pharmacies. They need to mobilize an army of vaccinators in every city and town now with the logistics handled by the military and the shippers like Fedex and UPS. Volunteers with no medical experience should also be trained to give out jab ASAP.

  199. 3b says:

    Phoenix: Nah, but What a great pair of boots. They get better as they get older.

  200. 3b says:

    Fab: so if I am interpreting your comment correctly, are you implying that because he is from south Jersey, he is an uneducated redneck, as opposed to a well bred sophisticated person from north Jersey?

  201. Fast Eddie says:

    Justice, to me, is above all a positive moral sentiment, deeply embedded in our brains, which transcends party and politics.

    I’ll take Objectivism for $1000, Ken.

  202. Libturd says:

    Juice.

    Absolutely. I would bet there’s a lot of dirty money moving around to get the contracts to distribute. As usual, it’s not about helping us plebes. It’s about helping themselves. Always is.

  203. Juice Box says:

    Since the twitter ban, the Trump supporters are now moving to Parler. Google just banned the Parler app from their Store and Apple may do the same this week.

    Trumpnet?

    https://www.latimes.com/business/technology/story/2021-01-08/trump-without-twitter-will-he-move-to-the-trumpnet

  204. Juice Box says:

    Lib – IF you read the plan for NJ it’s too complex and makes no mention the use of primary care Physicians offices. Those doctors and nurses are the ones that administer most vaccines in this state, they all have their patients history, insurance already and ways to contact them via txt messages etc to schedule vaccines.

    Not using them is beyond stupid.

  205. Juice Box says:

    Again this could have been avoided, the paperwork and politicians are the problem. They are tossing vaccine in the garbage, because of the required phase 1a classification. It’s criminal.

    “As of Friday, only about 17% of the more than 4 million vaccine doses distributed to long-term care facilities had been injected, according to the Centers for Disease Control and Prevention.”

    “It took 7½ hours for the team to vaccinate everyone, a task that could have been completed by a single nurse in the same time without all the paperwork, Sprinkle said.

    And because the vaccines come in batches, there were about eight doses left over after everyone who qualified for the first round of shots had been vaccinated.

    “I contemplated having my family vaccinated, giving it to my wife, but I imagined that hitting the news, it would make us reviled,” Sprinkle said. Instead, the doses went to waste.”

    https://www.latimes.com/california/story/2021-01-09/covid-19-vaccine-rollout-nursing-homes-long-term-care-facilities

  206. 3b says:

    Murphy and Cuomo as Democrats will get a pass, if they were Republicans there would be outrage. Hypocrisy indeed!

  207. Juice Box says:

    Wow -Chamath Palihapitiya really went after Facebook again, blames them for the storming of the Capitol..

    12. “It amplifies echo chambers on purpose and by design. If you’re somebody who for whatever reason feels disenfranchised, you can find a corner of the internet where you can amplify your worst fears, and unfortunately 90% of that activity now happens inside of Facebook.”

    13. “We optimize for short-term profitability at the sake of our democracy. What we left in tatters was any sense that there was any sort of moral or ethical imperative that would govern decision making at that company. And so that saddens me for the people that work there.” – sharing his feelings as an ex-Facebook employee on the social network’s role in spreading the disinformation that led to protesters storming the Capital.

    14. “There are people inside of that company who are building these things that are amplifying the lobotomization, the intellectual cornering of people so that they cannot learn what’s truly happening, so that their worst fears and their worst concerns are amplified. We need to do a better job of understanding that that diet is unhealthy. Now that you sell cigarettes that cause cancer, there need to be labels, they need to be put behind the counter, they need to be far away from the children’s reach.” – arguing that Facebook should be legally treated as a publisher and face tougher regulations.
    15. “We just have to have a real ‘come to Jesus’ in this country about what’s truly important.”

  208. Juice Box says:

    3b – Cuomo and Murphy both have the same talking points. Blame Trump.

    NY is sitting on a million doses in cold storage and NJ about 400,000. The Federal government does not make the vaccine. They just gave out a plan which the states do not have to follow and the money about $38 Billion and counting for the vaccine production. The vaccine orders come from the states and are shipped to the states directly.

    Andrew Cuomo @NYGovCuomo 20h
    We are working with the incoming Biden administration and hope that the supply from the federal government dramatically increases.

    The supply MUST increase and we are expanding our distribution network to be ready.

  209. Juice Box says:

    So in 11 days when Trump is no longer President and flys off into the sunset who are they going to blame when there are still millions of doses still sitting around in cold storage?

  210. AP says:

    “I’ll take Objectivism for $1000, Ken.”

    : )

    Separate note: Just got done with a fence project and want to recommend these folks and hopefully help a small business.

    All Custom Fence Designs from West Orange. Exceed my expectations in every way. All hand made, tight crew that’s been working together for years and not a bunch of random workers like other companies try to pull off, great craftsmanship.

    They must need the business right now, as they gave me the lowest quote.

  211. Juice Box says:

    He jus thought if this now? They should have trained thousands of people to administer the vaccine months ago.

    Andrew Cuomo @NYGovCuomo

    I signed an Executive Order expanding the eligible pool of trainees who can administer COVID vaccines at distribution sites to include:

    -Licensed practical nurses
    -Pharmacists
    -Midwives
    -Dentists
    -Podiatrists
    -EMTs
    -Certain eligible students

    https://covid19vaccine.health.ny.gov/vaccination-training

  212. The Great Pumpkin says:

    Compulsive liar? Wtf. Keep running with that.

    ARK funds are a play on major innovation. You are telling me that you don’t see century old industries being replaced in the next 10 years? I do, and I’m not going to miss that train. This is a golden opportunity where we are fortunate enough to be in the right place at the right time. I’m taking it, and running with it.

    I’m not missing that boat because some haters who didn’t get in on ARK are now going to bash it. She has a winning formula for picking winners in innovation. She is the best until proven otherwise.

    “As to your Ark Funds idea. You really are a complete fool besides a compulsive liar.”

  213. 3b says:

    Juice: I agree. It’s disgusting. And the Democrats portray themselves as the party of the every man and woman. The party of compassion and do the right thing. And yet they are engaging in brutal politicking at the expense of getting as many people vaccinated as quickly as possible. The Israelis are to be commended for their vaccination efforts.

    As you note Trump will be gone shortly, will it still be Trumps fault??
    Meanwhile Murphy and Cuomo are screaming about needing state aid , when they should be going all out to vaccinate quickly in an effort to get the economy open. They want billions in aid to piss away like they always do. Between the Biden tax increases and the increases coming in both NY and NJ, it’s going to be insane. No companies will want to relocate here, or increase their footprint. And those that are here will continue to look to cut costs, which will include expanding and making permanent WFH, and dump their commercial office space. Of course this will all be Trumps fault as well.

  214. The Great Pumpkin says:

    3b,

    This is still a desirable place to do business. The companies that leave for “cheap” areas no longer needs the skilled labor. You are not moving to a cheap location if you need high skilled workers and lots of them.

    Finance that leaves clearly is not worried about getting the best workers anymore. They just want cheap, hence, why they leave. I’m convinced that’s the early sign of a company’s demise, when they go to an area with a weaker workforce based on cost. When they were shipping jobs to China, it’s not because they were skilled jobs. They were low skilled jobs, hence, why they would seek out such a cheap labor pool.

    You pay for what you get. If your company can’t hack it in NYC and is now seeking to move into cincy or some other second tier city, it’s not a good sign.

    “No companies will want to relocate here,”

  215. BRT says:

    Wow -Chamath Palihapitiya really went after Facebook again, blames them for the storming of the Capitol..

    These algorithms in facebook just keep feeding people the same nonsense and it fosters group think. It’s not a coincidence that everyone on the left on facebook was like “OH MY GOD THIS WAS SO TRAUMATIZING” and everyone on the right “the damage is only a fraction of what BLM/Antifa did”. There are varying degrees of extremism, with the hard left claiming this was a coup attempt where we would have become the United States of Proud Boys had they gotten a few doors further. And the loony right is claiming it was antifa actors dressed as MAGA people.

    Either way, facebook, as a platform has devolved into utter garbage for information. I yearn for the days when the argument on the internet was who’s better, Brady or Manning?

  216. Juice Box says:

    BRT – It’s all of the Above. We will find out later after the FBI arrests them all, many have been speaking to the press, without lawyers too kind of foolish.

    “There were kids, there were women, there were old, old men,” he said, “and they were all participating in this insurrection at the … Capitol.

    There was also BLM.

    https://www.deseret.com/utah/2021/1/7/22219733/utah-activist-inside-u-s-capitol-says-woman-killed-was-first-to-try-and-enter-house-chamber-sullivan

  217. Chicago says:

    Pumps: don’t you comprehend that when active managers such as ARK have such well publicized success that everyone piles in and it is a self-defeating prophecy?

  218. The Great Pumpkin says:

    Chi,

    What does it matter if I’m dollar cost avg and playing it 10 years. I’m not going to overthink this. I’m already in. So it can drop 2 years from now 50%, I don’t care, I’ll keep buying. I’m betting long term, and IMO, I can’t see this not being more valuable 10
    Years from now. Hope I’m not wrong.

    Keeping this very simple. Dollar cost avg (no timing) into something you think will be more valuable in 10 years. I feel safer in her fund, than anywhere else. I know disruption is coming, and I’m not going to fight it, esp when you get someone with a winning formula like Cathy.

  219. Very Stable Genius says:

    Pumps is far better investor than his critics.

    Pumps names names and provides investment rationale. Others have never mentioned a single winning security.

    Chicago says:
    January 9, 2021 at 1:36 pm
    Pumps: don’t you comprehend that when active managers such as ARK have such well publicized success that everyone piles in and it is a self-defeating prophecy?

    The Great Pumpkin says:
    January 9, 2021 at 1:53 pm
    Chi,

    What does it matter if I’m dollar cost avg and playing it 10 years. I’m not going to overthink this. I’m already in. So it can drop 2 years from now 50%, I don’t care, I’ll keep buying. I’m betting long term, and IMO, I can’t see this not being more valuable 10
    Years from now. Hope I’m not wrong.

    Keeping this very simple. Dollar cost avg (no timing) into something you think will be more valuable in 10 years. I feel safer in her fund, than anywhere else. I know disruption is coming, and I’m not going to fight it, esp when you get someone with a winning formula like Cathy.

  220. Phoenix says:

    Examples of Objectivism in Everyday Life

    A person who works hard on a farm his entire life to be completely self-sustaining.
    A person who rejects the rules of religion and ultimate happiness with God and instead focuses on his own ultimate happiness.
    A woman who carves out a plan for the rest of her life that includes the principles of reason, purpose and self-esteem.
    A corporation that, while using ethical business practices, still has the main goal of being the absolute best in the field.
    Engaging in actions that will lead to long term happiness as opposed to short term pleasure.
    Making decisions that are based on reason as opposed to emotions and that which cannot be seen.
    If a person is attacked they should use any force or weapons available to stop the attacker.
    A person who is opposed to slavery and the practice of owning another human being.
    A person who tells a lie in order to protect his or her family, friends, or other people.
    Believing in the concept that all knowledge is reached through reasoning.
    Developing concepts of reality through language and abstract thoughts.
    Believing in the idea that there are no contradictions in the real world.

  221. Libturd says:

    Pumps,

    If Cathy or Buffet or Lynch are so smart…why do they need other people’s money to invest?

    Here is a serious question. What, to you, is good annual rate of return on the stock market?

  222. AP says:

    Phoenix, doh… Not sure if that’s missing a sarcasm tag.

  223. Libturd says:

    .75% Expense Ratio? What is this? A mutual fund? 10% of holdings in TSLA? I wonder if they know about Nate’s?

    When the market crashes, how much further down do you think an ARK ETF will drop compared to the major index? Two, three, or four times more?

    Is there a company they hold that has positive earnings?

    You couldn’t pay me a 15% guarantee to invest in those. And why spend .75% a year to invest in those names. You can easily do the same thing. Just make your own index of Robin Hood, millenial funded, momentum plays with zero earnings in the same 5 sectors.

    When the market corrects, these funds are not going to go down, they are going to implode.

  224. ExEssex says:

    3:32 I love this.

  225. AP says:

    Oh man, just to be very clear that list is almost a point by point opposite of everything that Rand’s Objectivism stood for.

    I can go point by post my refutation if anyone is at risk of buying this non-sense. Keep in mind that I actually spend more hour at the library actually studying Objectivism literature, history and biographies than I care to admit.

    To show that I’m serious, let me just take the most egregious example:

    “A woman who carves out a plan for the rest of her life that includes the principles of reason, purpose and self-esteem.”

    Let it be known that Rand was an active proponent and advocate of r@p3. Yes it sounds absurd and evil but it’s entirely true. She believed that women should only respect a man who would take them by force.

    In fact she berated and expelled her closest acolyte (Nathaniel Branden), a married man, because he refused to take her by force, which in her twisted “philosophy” betrayed her principles.

    The rest of the list is equally lopsided and deceitful.

  226. Fast Eddie says:

    The rest of the list is equally lopsided and deceitful.

    Take that whole list, apply the wording to read the exact opposite and post it.

  227. AP says:

    Fast, not sure what that means. Are you asking me to refute it point by point? I can. It want the way I was planning to spend my Saturday but if it’s to spare people from falling into this mental hole, I could chill it up as community service, I guess.

  228. Fast Eddie says:

    …but if it’s to spare people from falling into this mental hole, I could chill it up as community service, I guess.

    LOL. We’ll spare you the agony while some of us wallow about in our mental holes. Enjoy the rest of your Saturday.

  229. AP says:

    Fast, I’d be happy to. But to make things fair, why don’t you take a stab at addressing this lovely example I posted already…

    Here’s a couple more, just to put some more skin in the game:

    “Believing in the concept that all knowledge is reached through reasoning.”

    Reasoning is the opposite of blind allegiance to a set of immutable beliefs. Objectivism neither admits, or has ever admitted correction or debate. The practice at the time was to create list of “talking points” (an innovation at the time!) to be memorized by the adherents to be regurgitated uncritically at their “enemies”.

    This is fact. Read Alan Greenspan’s jolly recollections of those times, among others. Rand was building an ideological factory.

    “Believing in the concept that all knowledge is reached through reasoning.”

    That’s the opposite of what happened with Objectivism. The entire edifice was constructed to retroactively justify an attachment to one of the most destructive emotions: selfishness. That was the starting point and the heartbeat of the philosophy, all the other pseudo-Aristolelian, anti-Kant, anti-Plato stuff came much later. This is historical fact.

    Anyways, I don’t expect to convince the true believers, but I hope people who become interested in this stuff based on a list like that be more careful to study what they are getting themselves into.

  230. Phoenix says:

    Blame Google. I just looked it up as I was curious, this is what came up first. But yeah that rape thing is a bomb. Try it and see how well that works out for you. She sounds like a feminist who wants to get men put in jail.

    https://examples.yourdictionary.com/examples-of-objectivism.html

  231. The Great Pumpkin says:

    “The premise behind these ETFs was to identify companies that are overlooked by traditional sector-based strategies. Innovation, per se, is not a sector. But Catherine D. Wood, founder and CIO at ARK Invest, wanted to build portfolios that are focused on disruptive innovation.

    Cathie Wood has been one of the most vocal Tesla (TSLA) bulls in the recent past. In April 2019, as TSLA shares were still trading below $200, she was giving TV interviews explaining why the stock could run to $4,000 and possibly higher. As the stock recently crossed $2,000 only 16 months later, this price target seems a lot less out of reach. Yet, the market had been persistently wrong with TSLA going nowhere for more than five years.

    The logic behind this is simple. Disruptive innovation is by definition hard to predict with accuracy. The market can struggle to estimate the total addressable market of a new technology or for how long a company can sustain its growth and market share gains.

    In this context, ARK’s funds have been specifically focused on companies that are pushing boundaries in their respective fields and have a ton of optionality. This selection process has an important impact on time horizon, with holding periods of several years required to see a bullish thesis materialize. Are they all winners? Certainly not. But the companies that deliver on their premise are driving a portfolio performance above and beyond what any investor could dream of.

    Given the extended holding period of its positions, ARK Invest funds can be a treasure trove of ideas and an amazing source to research the disruptors of our time. To be fair, several of my favorite and best performing investments in the past five years are still missing from ARK’s portfolios. But that’s besides the point. ARK’s focus on long-term opportunities is offering a unique view into the disruptors of our time that you might have missed.”

    https://seekingalpha.com/article/4370415-3-important-things-learned-reviewing-arks-etfs

  232. AP says:

    Phoenix, all good. For anyone who needs a palate cleanser after that, I recommend the new Fran Lebowitz documentary on Netflix. So good!

  233. Fabius Maximus says:

    3b

    I used to live on the border of Sussex County. The necks get redder the further south and west of 287 you get.

  234. Fabius Maximus says:

    Heres one for the Hockey Parents. My buddy says that one of the parents at the Ice Vault has the Hockeytv subscription and a projector in their truck. They are projecting their game onto the side of the building for all the other parents to watch.

    That could catch on!

  235. Phoenix says:

    Yup, one hell of a wake-up call isn’t it. When those who are to protect and serve you pick and choose a side that is not the side you are on. Exactly what Central Park Amy Cooper had planned for her “victim.” Of course that guy was 100 percent in the right but you can bet for sure had he been dumb enough to stick around, or had that been his ex and he was in his own house the results would be the same.

    “You should be on our side,” a woman in a Trump 2020 sweatshirt called at them. “ ‘We the people’ means police, too!”

    “Is this honoring your oath? Pushing patriots around?” another man yelled as an officer shoved him backward with a baton.

    “In general, the public has this mistaken assumption that the police are there to serve and protect them,” Maria Haberfeld, a professor of police science at John Jay College, said. “The police do what the politicians and other officials tell them to do or not to do.”

    “I think, for them, seeing the police standing against them probably came as a surprise,”

    “These police are protecting the villains inside that building.”

  236. Juice Box says:

    Good Stuff, scientists say we have to cull the cows, get your steak while it lasts.

    A Third of Global Greenhouse Gas Emissions Tied to Food

    “Thought for food
    To have any hope of meeting the central goal of the Paris Agreement, which is to limit global warming to 2°C or less, our carbon emissions must be reduced considerably, including those coming from agriculture. Clark et al. show that even if fossil fuel emissions were eliminated immediately, emissions from the global food system alone would make it impossible to limit warming to 1.5°C and difficult even to realize the 2°C target. Thus, major changes in how food is produced are needed if we want to meet the goals of the Paris Agreement.”

    https://science.sciencemag.org/content/370/6517/705

  237. Fabius Maximus says:

    Pumps,

    What they are trying to tell you is that a lot of us where around for the dot com bust. I had a good friend dollar cost average one of the B2Bs all the way from $129 down to bankruptcy.

  238. Phoenix says:

    “I used to live on the border of Sussex County. The necks get redder the further south and west of 287 you get.”

    And all human beings are 99.9 percent identical in their genetic makeup.

  239. 3b says:

    Fab: I am familiar with the area, but I don’t paint with a broad brush.

  240. Phoenix says:

    “Good Stuff, scientists say we have to cull the cows, get your steak while it lasts.

    A Third of Global Greenhouse Gas Emissions Tied to Food”

    Or just stop vaccinating humans.

  241. Phoenix says:

    3b,

    Broad brush or not, the way you are wielding that paintbrush is unsettling to me.

    Signed, Karen.

  242. Fabius Maximus says:

    There was also that time where Clot got stuck in an 3x ETF that suspended redemptions for a few weeks. He was extra grumpy as his A$s cheeks were clenched so tight.

  243. Fabius Maximus says:

    Life is a little different outside of 287.
    https://www.youtube.com/watch?v=5uOBF6r040U

  244. The Great Pumpkin says:

    Fab,

    I was 19, but I remember that dot com bust. It’s been the last real bust over 20 years. I understand what chi and lib are trying to point out to me.

    First, you know I have been calling for the roaring 20’s 2.0 since 2012. We are on the cusp of major innovation at a rapid pace. Exactly what this fund feeds on. I have to listen to my gut and do what I think is right. Hopefully, I don’t learn the hard way.

    Fabius Maximus says:
    January 9, 2021 at 7:06 pm
    Pumps,

    What they are trying to tell you is that a lot of us where around for the dot com bust. I had a good friend dollar cost average one of the B2Bs all the way from $129 down to bankruptcy.

  245. The Great Pumpkin says:

    And remember, a lot of hate out there for Ark. People don’t like being outsmarted by a woman, but she is good at what she does. Has absolutely knocked it out of the park despite all the haters mocking her Tesla move.

    Time to accept that she is really good at what she does.

  246. The Great Pumpkin says:

    And I’m not here chasing past performance. She has a sounds approach to investing in disruptive innovation.

  247. The Great Pumpkin says:

    I know you are not supposed to time the market, but felt it. A month ago switched my wife’s 401k fund that doubled in a year to a small cap vanguard fund. 30k difference in the month, not counting the losses as that one went red for the past month.

    Time to ride the small cap…

  248. The Great Pumpkin says:

    The big boys had their time in the cycle. Now it’s time to ride the small cap. This coming from a guy who rode the large cap techs from 2015 till last month. Cashed out, and moved it into small cap vanguard index as stated previous post.

  249. D-FENS says:

    I’m the bad guy?

  250. D-FENS says:

    I didn’t like clot when I first interacted with him here on Grim’s blog. Now I feel like I might not mind having a glass of wine with the guy. Maybe shoot a few bottles off the deck…

    Man..,I get it bruh

  251. chicagofinance says:

    That is not what I was saying.

    My point is more along the lines of Wood being able to be nimble running $1B, but when she needs to run $100B, there simply isn’t enough depth. She needs to compromise in one of two ways: (1) she needs to overpay for her highest conviction ideas; or (2) she needs to go further down the list of candidates. That is why I used the term “self-defeating”. She also is going to be copied too.

    I abhor how pumps dispenses advice as if these decisions are obvious.

    Fabius Maximus says:
    January 9, 2021 at 7:06 pm
    Pumps,

    What they are trying to tell you is that a lot of us where around for the dot com bust. I had a good friend dollar cost average one of the B2Bs all the way from $129 down to bankruptcy.

  252. njtownhomer says:

    I really appreciate Pump sharing his ARK idea. Actually I am planning on implementing it for 5 years too. The intent is good and I was not brave it to implement as he described. Who knows she might find another genetic/biotech miracle too. Even a typical 3D printer company they buy regularly, shoots up all the time.

    Myself rotated to SmallCap Value last month and saw the benefits. The rotation has been going on for a few months now, the money printing with recovering economy will really beneficial for small caps. Large tech had already made its run. On the other hand emergent markets vs SPY broke a multi-year trend line. With cheaper dollar, EEM looks very promising. My 401K holds about 40% exposure.

  253. Fabius Maximus says:

    Now this is big.
    https://twitter.com/BuzzFeedNews/status/1348089793213837319

    AWS has always tried to stay neutral when people call on them to boot a client off their platform.

  254. The Great Pumpkin says:

    “Cathie Wood has a taste for shaking things up. In 2014, after a 12-year career at AllianceBernstein, she decided to break away and build her own firm focusing on innovative companies disrupting the status quo. The move was not received warmly by her entourage.

    ‘Many of my friends thought I was going to fail, and they told me that because they wanted to protect me,’ Wood recalls. ‘But I never thought I was going to fail. There was a huge unmet need, and that’s the best way to start a business,’ she says.

    Today, her firm – New York-based Ark Investment Management – runs $7.4 billion in assets and has become a disruptor itself, thanks to its vehicles, holdings and leadership.”

  255. The Great Pumpkin says:

    Entire century old industries are being replaced. That’s the 10 year bet. There is more than enough fuel for the fire. Don’t overthink this. She can’t be copied…she has been groomed her entire life for this. We are fortunately in the right place at the right time for this. New generation Warren Buffett in the mold of a woman.

    chicagofinance says:
    January 9, 2021 at 9:36 pm
    That is not what I was saying.

    My point is more along the lines of Wood being able to be nimble running $1B, but when she needs to run $100B, there simply isn’t enough depth. She needs to compromise in one of two ways: (1) she needs to overpay for her highest conviction ideas; or (2) she needs to go further down the list of candidates. That is why I used the term “self-defeating”. She also is going to be copied too.

    I abhor how pumps dispenses advice as if these decisions are obvious.

  256. The Great Pumpkin says:

    I guess we don’t think much differently. My thinking is exactly the same for the small caps. I understand cycles can change at any given moment, but you have to pay attention to them. Nothing is the same, yet they really are the same…

    njtownhomer says:
    January 9, 2021 at 10:00 pm
    I really appreciate Pump sharing his ARK idea. Actually I am planning on implementing it for 5 years too. The intent is good and I was not brave it to implement as he described. Who knows she might find another genetic/biotech miracle too. Even a typical 3D printer company they buy regularly, shoots up all the time.

    Myself rotated to SmallCap Value last month and saw the benefits. The rotation has been going on for a few months now, the money printing with recovering economy will really beneficial for small caps. Large tech had already made its run. On the other hand emergent markets vs SPY broke a multi-year trend line. With cheaper dollar, EEM looks very promising. My 401K holds about 40% exposure.

  257. The Great Pumpkin says:

    And we must acknowledge that the fed has never been in more control of the economy than they are now. Could it all end badly? Sure, but it sure as hell does t look that way. It seems to me that they understand the game. No matter what, don’t let the gears of the economy grind to a halt.

    You will never get the super discounts, but you will never experience the complete busts. New game, new rules.

  258. njtownhomer says:

    What do you guys think the non-functional role of bonds in the market? Trillions of dollars sitting on bonds doing nothing and losing real value by second. And yet it is not clear that there will be a demand for them in short-term thanks to Fed. How could that end? How bad could that be? I don’t think, such scenario didn’t happen before.

  259. chicagofinance says:

    Just remember that with Small Caps you are implicitly making a bet on banks and financial services.

    njtownhomer says:
    January 9, 2021 at 10:00 pm
    I really appreciate Pump sharing his ARK idea. Actually I am planning on implementing it for 5 years too. The intent is good and I was not brave it to implement as he described. Who knows she might find another genetic/biotech miracle too. Even a typical 3D printer company they buy regularly, shoots up all the time.

    Myself rotated to SmallCap Value last month and saw the benefits. The rotation has been going on for a few months now, the money printing with recovering economy will really beneficial for small caps. Large tech had already made its run. On the other hand emergent markets vs SPY broke a multi-year trend line. With cheaper dollar, EEM looks very promising. My 401K holds about 40% exposure.

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