From the Star Ledger:
96% of N.J. residents would get their full property tax break restored under this Senate plan
Efforts to restore the full federal deduction for state and local taxes have run into opposition from some Senate Democrats who want to limit the tax break to middle-class taxpayers.
One possible compromise circulating on Capitol Hill would do just that — and it would cut taxes for 96% of New Jerseyans, according to a recent study.
Under the proposal, taxpayers making up to $400,000 would be able to deduct up to $80,000 in state and local income and property taxes. The $80,000 figure is included in the House-passed 10-year, $1.75 trillion social spending bill, with no income limit.
…
In New Jersey, that proposal would give 91% of the benefits to those making $400,000 or less and the remainder to those making between $400,000 and $475,000. Under the House-passed provision, 44% of the benefits would go to those making $400,000 or less, 8% to those making between $400,000 and $475,000, and the remaining 48% to those making more than $475,000.
…
Menendez, for example, has suggested setting the income limit for increasing the deduction for state and local taxes at $550,000 rather than $400,000.
“I’m pretty much where I’m going to be,” he said. “If you’re in New Jersey and you’re making 550, you’re not rich. Those families should be taken care of.”
Rt up to 1.39, we’re a full-on covid shitshow right now. Highly likely we’re going to see a repeat of last winter.
Big fun last night! School fundraiser.
Student rock Bands played all night long.
Our co-host? Allison Steele – !!
Well i’m glad Murphy will get to keep his deduction ……
Just imagine if the pandemic didn’t happen. That’s a black swan event. Shows you how much the FED understands the economy these days. Did a hell of a job keeping the economy going and all people do is sh!t on them and complain.
JCer says:
December 9, 2021 at 11:14 pm
pumps, none of this has anything to do with economic dislocation from a once in a century pandemic, unprecedented government bailouts, lockdowns, etc. This was all your prediction, lest we forget the number of folks you probably went to high school with who aren’t doing so great. The folks in our generation who did well, generally did really well those who weren’t so successful are much worse off than the folks in earlier generations. Is it really demographics driving economic activity or the massive increase in the money supply?
Without covid, Trump is still president and CNN’s ratings are higher, and there would be no SALT deduction talk. And maybe Cathie wouldn’t have underperformed by 40%.
This is such nonsense. If you want to tax the rich, don’t tax the rich in certain states to give a tax break to the rich in other states that dont take care of the poor.
If you want to tax the rich, come up with a tax that makes all states pay it.
Could start by eliminating deferred compensation, raising the rates (and reducing the income levels) for long term capital gains.
“If you’re in New Jersey and you’re making 550, you’re not rich. Those families should be taken care of.”
Holy f.uck. I must be operating at poverty level.
Fast: Time to use your price plus card at Shoprite. Menendez is an idiot and sleaze bag. Yet he is always re elected.
Pumps So you have changed your mind on WFH. So we will have peace now on the blog regarding this subject.
See how politics works. Now all of a sudden Republicans want to tax the rich because they live in a blue state. I thought they were for any kind of tax break? What changed?
It’s comical. Politics is a joke.
Fast Eddie says:
December 10, 2021 at 8:21 am
“If you’re in New Jersey and you’re making 550, you’re not rich. Those families should be taken care of.”
Holy f.uck. I must be operating at poverty level.
If the metaverse really happens, yes. Absolutely.
3b says:
December 10, 2021 at 8:53 am
Pumps So you have changed your mind on WFH. So we will have peace now on the blog regarding this subject.
If it’s people just working from home without the metaverse….no. Companies want to be able to see what you are doing and have their workers collaborating. Metaverse offers that. Current WFH model does not.
re: deferred compensation
So everyone gets fully vested on bonus day? How does that work, companies game the bonus system today by pushing option and grant vesting years out so they can say they gave you a nice bonus that you most likely will never collect on as you left the company or the price dropped below the strike for an option, and in the case of a grant you sell at a loss.
Musk sold 10 Billion in TESLA stock in the last month, and nearly a billion yesterday he will pay his taxes, but the idea that everyone gets rich off deferred compensation is a joke only the C-Suite usually has the sweet plans with short vesting periods.
TESLA actually has a decent vesting plan. Tesla, Restricted Stock units are subject to a 4-year vesting schedule: 25% vests at the end of the 1st year (cliff), then 25% in each of the 2nd, 3rd and 4th years (6.25% every 3 months).
A P2 level TESLA employee working in their Fremont plant working a technical job gets paid like this 90k salary and 25k bonus in stock.
A Facebook employee working in NY gets $250,000 total comp
150k salary, 60k stock, 40k cash bonus. Facebook has the same vesting plan as TESLA.
I am looking forward to the Spider-Verse 3.
“Red and blue
As is often the case in our politically polarized era, the situation differs in red and blue America.
In Republican-leaning communities, the biggest Covid problem remains a widespread refusal to take the pandemic seriously. About 40 percent of Republican adults have not received a vaccine shot, according to the most recent Kaiser Family Foundation poll. As a result, the Covid death rate is far higher in heavily Republican counties than in Democratic ones.
Red America’s Covid denialism doesn’t seem to be abating, either. Fox News continues to spread disinformation, as Margaret Sullivan of The Washington Post has noted. Many Republican politicians spend more time complaining about mask and vaccine mandates than trying to persuade conservatives to get a potentially lifesaving shot.
Blue America, by contrast, has taken Covid seriously. Fewer than 10 percent of Democratic voters have not received a vaccine shot. Political liberals also tend to be comfortable wearing masks to reduce the spread of the Covid virus.”
“Political liberals also tend to be comfortable wearing masks to reduce the spread of the Covid virus.”
When on camera.
They are all the same.
Pumps: No companies know whether or not the job is getting done if deadlines are met and projects are done. Not a major difference between wfh and in the office. Do you think managers are walking up and down watching what their employees are doing? No they are not. Just like no superiors see what you are doing all day, but you say you get the job done, based on all of your years there and if you were not you would not be there.
WFH is destructive technology and it’s rapidly growing. Best you understand that , Metaverse or no Metaverse.
Pumps – Zuckerberg is all about monetizing you and your time spent today online transacting. You and your transactions are the product in his Metaverse including his push to spend 10 billion annually to make sure he is #1.
Just take a look at WhatsApp’s latest stuff, latest beta the NOVI wallet to send payments. They say no fees to send “money” but it’s not money it’s crypto backed by fake money the “Pax Dollar” founded three years ago by a holding company Paxos created by ex-bankers. Their fake money is transacted over the Ethereum blockchain bypassing the banking system entirely. They create these Pax Dollars coins on the fly and take your cash and go invest in the real markets with it, by the way there are still interchange fees. You cannot debit or transfer real money without them, but hey they will lie and say no fees for their transactions but last I checked buying a “Pax dollar” incurs fees.
But no fees my ass, more like they will operate at a loss for decades to win. The end game is moving the existing fees from the banking system to them. No different than Amazon sucking up retail business at a loss for 20 years until the competition is out of business and then become Apple’s model where they are dominant on their hardware and can extract an exorbitant 30 percent commission for any purchase on their hardware.
US inflation surges to 39-year high as consumer prices soar higher
And the FED rate is zero.
But hey, at least we don’t have mean tweets anymore.
I had 2 more direct exposures this week. Still testing negative.
re” And the FED rate is zero” AND Jerome Powell just got an attaboy.
As far as housing well we are now waiting for Spring selling season…
Zillow predict a banner next year? Do they even have an economist on that staff?
Next week the Fed may announce announce it will accelerate its taper and
perhaps even gasp a meaningful rate hike in March, May or June….
Spring selling season is over before it even starts.
Is face to face collaboration important? Not all jobs are based on being given a list of tasks and just completing them in isolation. Yes, some are, and honestly those are the best and easiest jobs. No dealing with people, just get your tasks completed, but most jobs are not like this. Maybe your job is like that, but most are not.
3b says:
December 10, 2021 at 9:35 am
Pumps: No companies know whether or not the job is getting done if deadlines are met and projects are done. Not a major difference between wfh and in the office. Do you think managers are walking up and down watching what their employees are doing? No they are not. Just like no superiors see what you are doing all day, but you say you get the job done, based on all of your years there and if you were not you would not be there.
WFH is destructive technology and it’s rapidly growing. Best you understand that , Metaverse or no Metaverse.
Juice,
I don’t know what Zuck’s intentions are, but digital world is coming. Your grandkids will never understand the world you lived in just like you will never understand the world they live in.
I honestly like the real world, but digital seems like the future. Jetsons anyone. Get ready to have your boss annoying you at home like on the Jetsons.
All right corporate-pro teacher,
List for us ten corporate jobs that require full time collaboration. I’m waiting.
“Maybe your job is like that, but most are not.”
Pumps I keep saying ignore the blue and red and read between the lines.
It makes little difference if you are a child whether you are red or blue lucky for you chances of dying from covid are less than dying from the flu.
But yet the children are the ones forced to wear masks, while those that die +65 and not so spy are allowed to run around and play to cough and sneeze and feel up the fruits of life while our children are not so free.
Pumps: Lots of collaboration even without face time, even more in some respects with Zoom vs old school conference calls, and teams being geographically dispersed.
Again, you speak as an authority on the subject with no personal experience to draw from. That’s why people don’t like you from your comment yesterday, because you claim to be an expert in everything and you lecture people, even those of us who actually work in corporate America who can speak from personal experience.
Anyhow it’s Friday and I will end it there. You are never ever going to change.
My wife for example. When the numbers are f/ed, it’s optimum to be able to collaborate in person to figure out the problem. Take away the in person option, and it slows down the overall process for the company. But what do I know, no collaboration needed….who needs that says lib.
Eventually someone will need to come clean on these Fauci shots. 80% of the state with one or more shots. The cases chart looks the same as last year. I’m sure they make up something to explain it away but the shots don’t appear to be doing anything.
I guess I’m wrong, and I will take the L. There is absolutely no reason for offices. Got it.
re: “digital world is coming”
The digital world has been here since you were still popping zits. Right now the internet giants have so much money they need to create another world inside the digital world to control you. Their own version of the matrix with their rules and tolls which you will then become the battery they drain for their survival.
I am actually glad the communists see right through it and have banned crypto and restricted children’s time wasting on the internet playing video games to only three hours a week.
Why have articles like this if I’m so wrong. Why?
“After Covid Closures, a New Quest to Make Offices Less Awful
To lure workers back, companies are renovating spaces, using software so staff can coordinate visits and dangling upgraded food to make offices more appealing. ‘You want to create a pull, not a push.’”
https://www.wsj.com/articles/after-covid-closures-a-new-quest-to-make-offices-less-awful-11639045809?st=fquqwpmmdkqfwbh&reflink=article_copyURL_share
You can argue with an imbecile or check with someone who has a clue. The latest Gallup poll projects return to work will be at 63% of the pre pandemic level. Why engage him over this? He’s an expert of nothing.
Pumps – don’t bother constructing a new straw man for 2022. Offices are not dead they are just not fashionable.
Once the recession hits every chair in every office building will be warm again. Lets start with the coming layoffs in the mortgage industry. Wait those started already…better.com 900 layoffs of those lazy work from home folks is just another announcement of more to come.
Once rates are raised they entire industry will contract, it will be pink slip panic.
trip down memory lane.. pink slip panic game.
https://archive.org/details/1100_pinkslip_panic
My company is still gradually implementing a return to office policy. I will say, WFH has allowed me, for better or worse, to bridge/support my London and California team. I am edging towards a 10-hour window but it doesn’t feel that way because you get up, throw on sweats, grab coffee, all nicey nice. It’s my internet, my resources, my food and my electric that is being consumed on my dollar. If, we are told that we must return to the office for at least two or more days, my company will lose two hours per day of my work because those two hours now become commuting hours. I’m parroting what a lot have said. The WFH model is making more sense to me.
Biden: And that number will increase. Plus there are those who are returning on a hybrid basis, and those who are permanently WFH.
re: “my company will lose two hours per day”
You are not paid by the hour. You are paid to deliver….and if you do not deliver regardless of hours you are worthless whether you warm a seat at home or sitting at a hot desk next to Steve, Suzy or Darnell .
No that is the all in number including hybrid etc. Ok site is projected to eventually settle back at roughly 2/3 the prior level.
Here comes a bubble in Dubai. P.S. workers are returning to offices here.
“DUBAI—This city-state of skyscrapers and Persian Gulf beaches is emerging as a pandemic boomtown, drawing in the ultrarich, entrepreneurs and tourists with open-border policies, high levels of vaccination and low Covid-19 infection rates.
This year, thousands of millionaires have relocated to the city and the wider United Arab Emirates, drawn by zero income tax and relatively relaxed pandemic restrictions. The city’s bars, restaurants and hotels are packed, real-estate prices have surged, workers are returning to offices, and the Expo 2020 world fair is reeling in foreign tourists.”
https://www.wsj.com/articles/sky-high-vaccination-rates-and-zero-taxes-make-dubai-a-pandemic-boomtown-11639126877?mod=hp_lead_pos12
Fast: Exactly. I also don’t have a problem banging out a few hours on the weekend especially if the weather is crappy, as it allows me at times to do other things in the evenings during the week.
We are completely WFH with the option of going to the office if you want, with the understanding that space will shrink over time. I recently went in to my office and its all been renovated, they did a beautiful job. Desks spaced out state of the art kitchen, hand sanitizer stations everywhere, meeting knocks.
The office is available for in person collaboration if needed and perhaps get together events. It’s no longer purposed for day to day work that has to get done. There simply is no need to be in an office. I believe more and more companies will come to the same conclusion.
Juice,
Some really good posts from you.
Thought provoking. Different angle than how I would have looked at it.
Wow, wish the patriots in America could do the same. 90% vaccination rate. Guess it helps. Meanwhile, our backwards population continues to fight it. Bring back our normal life by getting vaxxed and masking up…wtf.
“Daily Covid-19 cases have been below 100 for weeks in the U.A.E. after reaching peaks of nearly 4,000 during January, the worst stretch of the pandemic here. Health officials credit a vaccination rate of 90%, one of the highest in the world, and compliance with mandates to wear masks indoors and in some crowded outdoor settings.
The U.A.E.’s leaders have promoted the idea of having conquered the virus. In October, Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, the country’s de facto ruler, said the Emirates had “overcome this crisis.”
“Our lives must get back to normal,” Sheikh Mohammed said in a public address.”
Yup. Nice job, juice.
Phoenix says:
December 10, 2021 at 10:32 am
Juice,
Some really good posts from you.
Thought provoking. Different angle than how I would have looked at it.
Biden: Understand, just noting the number I believe will increase going forward. For instance BONY senior management was absolutely dead set against WFH everyone must come back. Long story short they will be 3 days in the office and 2 at home and that is expected to increase.
I decided to take my vax for a test drive at the Rangers/Sharks game the other week.
Started off with a full hour inside an absolutely packed midtown bar. Bouncer could care less about vax passes, just waiving people through. Shoulder to shoulder packed with spittle flying drunks pre-covid style. Not a single mask there. I was a bit nervous until the booze hit, the next thing I remember is stumbling back to the ferry.
I saw maybe three masks total at MSG? It was a bit strange to see commuters masking up on subways and on the streets, and then being around several thousand long islanders enjoying themselves as if nothing ever happened: http://is.am/4rcp
In other news Vishal is not cancelling his vacation, he will be wearing his fashionable vests on slopes if you are privileged enough to afford to join him.
https://www.dailymail.co.uk/news/article-10296635/Better-coms-CEO-taking-time-effective-immediately-firing-900-employees-Zoom.html
re : ” next thing I remember is stumbling back to the ferry”
Those were the days….
https://www.youtube.com/watch?v=y3KEhWTnWvE
Looks like this prosecutor was WFH. Yeah, it was okay. I was the one who told them to do it. Hey, I don’t like someone, let me call my attorney who happens to be the local prosecutor to find out if it’s okay to knock his teeth out.
HARRISBURG — In 2016, after eight hours of a violent standoff with a man in Beaver County, the Pennsylvania State Police consulted with the local district attorney as to whether troopers could kill the suspect. The man was subsequently shot three times by a sniper.
The same prosecutor, Beaver County District Attorney David Lozier, then reviewed the shooting investigation conducted by the State Police and found the use of force to be justified.
Interesting that you choose the Accountant Pumps. Among my growing collection of hats, I’m also in charge of pulling data and creating reports from our job management system. Yes, there’s a lot of back and forth, especially when the executives are clueless when it comes to how to request the data they are looking for in a granular enough manner so that what I create actually reflects their desires. They prefer to work with me because my common sense tends to make up for their lack of clarity.
In the golden olden days of the office, an exec might schedule time to sit behind me and massage the data to get to the exact outcome they were looking for. Say 10am. Of course, I would prepare by having set up my ODBC connection to our sequel server and would run some test queries ahead of time, so as not to waste the expensive exec’s time and so I don’t look foolish. I know an IT guy who once got fired on the spot when our entire NY office was corralled around the large screen in our subdivided conference room (could hold about 100 with the dividers open) and he could not get the connection to our CEO’s important announcement to work. I felt terrible for the kid, but, he should have both tested it and had a fall back, just in case. Well, if I was lucky, the Exec I’m working with would come by at around 10:45 and would have a hard stop at 11am. So I’ve now spent 90 minutes of my time making sure that the Execs 15 minutes went as smoothly as possible. Often, they would just skip my appointment and at 11am, send me an email with the details of what they needed.
Now turn to today, the Exec Team/Skype/WebEx/Zooms me at their will. I share my screen. We work out what the exact needs be and are all done in 30 minutes or so. Gone is the expectation of my pretesting. Gone is the expectation that I have to sit around twiddling my thumbs waiting for the precious Exec to finish his boring yachting story, which he stops to tell everyone he meets on his turtle walk to your office, which explains why he is 45 minutes late.
Every which way we turn in the Covid world, our tasks are being completed in a more automated fashion, with greater speed and precision. So much so, that I am planning on changing the roll of my team. Rather than performing Premedia, I am going to suggest we transition into a workflow management/automation team. We now have 4 or five fluent scripters on the team (all self taught) and the rest have been taught how to use the plethora of visual automation tools to design workflows to perform nearly any repetitive task that is currently performed by our customer service teams. These server based programs operate in the cloud and allow us to open direct portals to our customers and vendors where they interact with their files directly in the workflow. All of this, sped up by the onset of Covid and desire to maintain as much physical separation as is possible as well as to enable WFH.
Pumps, yes, at some point in the future, some offices, where hand in hand collaboration benefits productivity, will return to the office. Though I honestly doubt we even see a full 50% return. Not when there is absolutely no benefit to working in that environment. It’s expensive for the company and even more costly to the commuting worker.
BTW,
Is LW okay? Haven’t seen any posts. Maybe just running the front loader filling dump trucks full of fat stacks?
Lib – Had to laugh at your post.
“They prefer to work with me because my common sense tends to make up for their lack of clarity.”
Every office needs a Rainman that can adhere to a strict routine, has superb recall and shows little emotional expression.
Hey, maybe it’s working for you personally. I just can’t see the entire business world being conducted on zoom.
It’s like students, yes, some excel in a virtual learning environment (give them a task, they will complete it, and figure it out on their own, because they are highly motivated and self driven). Most don’t. They need face to face, or they will just be distracted by their phone, video game, or tv in their home environment. Most can’t control themselves to do the right thing. Hell, it’s hard enough to get them to focus in the physical classroom.
So you can’t make a blanket statement that all workers are more productive while WFH. Most are just like students…short attention span and easily distracted in a home environment.
Metaverse addresses this, but isolated WFH does not. Metaverse would be plugging into a digital virtual reality based office. BTW, the land is not cheap on this metaverse either.
“Pumps, yes, at some point in the future, some offices, where hand in hand collaboration benefits productivity, will return to the office. Though I honestly doubt we even see a full 50% return. Not when there is absolutely no benefit to working in that environment. It’s expensive for the company and even more costly to the commuting worker.”
Eventually someone will need to come clean on these Fauci shots. 80% of the state with one or more shots. The cases chart looks the same as last year. I’m sure they make up something to explain it away but the shots don’t appear to be doing anything.
They plan to come clean. They said they need 55 years before releasing that info, I mean wait…now it’s 75. They can just email it to our graves. They are lucky they locked up Assange prior to all of this because I’m sure we’d have some great leaks.
Much of the business world, the top guys, will still get together on corporate jets with guys like Epstein. Certain things you can’t do virtually…
Phoenix the top guys have all been back in office for months. They cannot interrupt their golf games and their executive lunches, dinners, and parties.
Lib,
You need to be Zooming both online and into the airport in Costa Rica on your Cessna Citation.
The efficacy of the existing vaccine came into question as soon as Delta was sequenced in India a year ago this month. Yet we still did not modify the formulation to include both the dominant Beta and Delta strains, which could have been done in theory been done in advance of the Delta wave. Delta was first detected here in the USA in February and then became dominant by July.
At the current pace we will still be boosting people with the Beta formulation of the vaccines while Delta and now Omicron will be the main strains. In five months it might only be Omicron and we will still be boosting with the Beta formulation.
As far as the studies they are now saying the efficacy peaks at 4 weeks and begins to wane at 12 weeks..
I am no epidemiologist but I will say what I think which is we are going to be in for a rough winter if this variant Omicron is a real killer and Breakthru infections are somewhere around 20% of those vaccinated with the Beta formulation.
re: the Top Guys..
My brother lives under the flight path of Teterboro. When sit in his backyard having a party in haughty Bergen county you will hear and see a nonstop cavalcade of the top guys and gals landing in their rented and corporate jets.
If you take a look at the chart below we are back to 2019 numbers of about 600 arrivals and departures a day.
https://flightaware.com/live/airport/KTEB
I am no epidemiologist but I will say what I think which is we are going to be in for a rough winter if this variant Omicron is a real killer.
Well, we still have this as an option. Might kill the host, however.
“I see the disinfectant that knocks it out in a minute, one minute. And is there a way we can do something like that by injection inside or almost a cleaning? As you see, it gets in the lungs, it does a tremendous number on the lungs, so it would be interesting to check that.”
Pumps re: attaboy… I would prefer LoL!…..I collect those in my scrapbook.
Here is you in another universe as a executive on the way to a meeting in NYC.
https://www.youtube.com/watch?v=TRgEeDR98X8
Juice,
Lucky for him with stage 3 and above jets they are much quieter than the older models.
Lmao….such a good series.
Juice Box says:
December 10, 2021 at 11:22 am
Pumps re: attaboy… I would prefer LoL!…..I collect those in my scrapbook.
Here is you in another universe as a executive on the way to a meeting in NYC.
https://www.youtube.com/watch?v=TRgEeDR98X8
UplNQexRmWhJtIqa
Pumps,
You are biased by your environment. I don’t tell you what works and doesn’t work in the classroom. But you are so unaware of yourself and how stupid you sound, it’s astonishing. You fit your mon1ker to the T. Linus, perhaps, the smartest of the Peanuts gang, can not give up hope for the Great Pumpkin. Every single one of his peers knows there is no Great Pumpkin, providing more and more evidence. But the more they persuade him, the more unselfaware Linus becomes. Eventually, you have to question Linus’ smarts? He knows an awful lot about everything, so he must have no common sense.
This is you Pumps. To the T. You lack self-awareness because you don’t have enough common sense to realize that none of us are out to get you. You come off as a troll because you refuse to listen.
Was your housing call correct? Absolutely. Was it correct because of changing demographics? There really is no way of knowing. Much like we don’t know the effectiveness of vaccines and masks because there are too many variables at play and not enough data collected.
Here’s my last piece of advice. When we were debating a few days ago about if the blue team would be as vaccine hesitant as the red team if the vaccine was released under Trump’s watch. Initially, and due to personal biases, I assumed that it wouldn’t have made a difference. But after being presented with evidence to the contrary, I am willing to put my biases aside and admit I could be wrong. Try to look past your biases. What you know of WFH is based on how poorly it works in the ill-equipped classroom. My three computers and high speed internet connection cost more than all of your classes chromebooks combined. I have three different methods to tunnel into our corporate cloud and can even work during a power outage. What’s really sad is that network traffic caused much more of a lag in productivity in our office than it does for all of us working from home. I guess 500 individual internet routers work better than a 1000 base T hub. Who would have thought? But you have absolutely no clue about any of this. So try listening to those who do.
I’m sure I’m wasting my time, but I can absolutely guarantee you that my portfolio will outperform yours. You are choose to look only at the great performers and ignore their potential demises. You are Madoff’s dream client. All of those krypto millionaires will end up as broke as last year’s World Series of Poker winner. The key being, that you can not measure your performance on paper gains and losses. You also can’t measure your success based only on the world’s longest ever (and it’s quite the outlier) bull market. Because when the bear comes, most are going to lose 75% of what they gained in the bull. At worst, I stand to lose 25%. Then, and only then, we’ll be able to gauge our portfolio success. Remember, batters who are ahead in the count 3 and 0 still frequently ground out into a double play.
Where is our fearless governor? Someone wake him up and get him some coffee, he hasn’t tweeted in 13 hours. He needs to get back in the game and lock down everyone.
“New York Governor Kathy Hochul announced Friday that masks will be required in all indoor public places unless the businesses or venues implement a vaccine requirement.
Businesses will be forced to either check the vaccination status of employees and customers entering the building, or force everyone to wear a mask.
The order will go into effect on Monday, December 13 and is scheduled to end on January 15, 2022.”
Juice
It’s China bringing down the Great Satan knowing the psychology of fear and the culture of individuality.
Can you acknowledge at least that maybe the game has changed due to the FED. Their experiment in 2008 worked. I don’t think we are ever going back to major busts. I really don’t. Is it a coincidence that we shutdown the economy in 2020 and came out of it without a depression? I don’t think so. I think the FED is more in control then people realize. They keep getting better and better at their job and understanding of the economy.
Of course, everyone and their mother just attacks them, but I really do think people need to stop attacking them and be grateful. The economy could have been destroyed after 2008 and made our lives miserable. Thankfully, that was not the case. Instead, the economy was able to grow, lives able to go on, and everyone in a happier place because of it.
Innovation has been able to continue to grow, had the market crashed, who knows how far back technical innovation would be right now.
True bitcoin boys hate the FED. They are obsessed with the idea of being on a fixed monetary system. Why? I don’t know. Look at the 1800’s and how many busts they had on that type of monetary system. The bust cycle was almost every couple of years, just destroying lives….building them up and then smashing it…over and over. Who needs that?
So I’m thankful for our fiat monetary system and for the FED’s understanding of the economy.
“I’m sure I’m wasting my time, but I can absolutely guarantee you that my portfolio will outperform yours. You are choose to look only at the great performers and ignore their potential demises. You are Madoff’s dream client. All of those krypto millionaires will end up as broke as last year’s World Series of Poker winner. The key being, that you can not measure your performance on paper gains and losses. You also can’t measure your success based only on the world’s longest ever (and it’s quite the outlier) bull market. Because when the bear comes, most are going to lose 75% of what they gained in the bull. At worst, I stand to lose 25%. Then, and only then, we’ll be able to gauge our portfolio success. Remember, batters who are ahead in the count 3 and 0 still frequently ground out into a double play.”
Phoenix – I would not agree, my kids used to hit me up for money all the time so they can go buy in-game currency, in Minecraft or Roblox. They cried when I say no, and now don’t even ask anymore. Same with any ipad game. No F-ing way…
I feel sorry for the parents that don’t say no. There are 161 million active users in Mincraft over a billion in revenue same for Roblox.
China wants their kids to be productive, studies say the hours kids spend and the money they spend wasting time on the internet can be put to better use, like making sneakers for Lebron or building iPhone components with their tiny little fingers.
So she is basically holding back companies from returning to the office. They don’t want to deal with this.
“New York Governor Kathy Hochul announced Friday that masks will be required in all indoor public places unless the businesses or venues implement a vaccine requirement.
Businesses will be forced to either check the vaccination status of employees and customers entering the building, or force everyone to wear a mask.
The order will go into effect on Monday, December 13 and is scheduled to end on January 15, 2022.
And Lib I appreciated that you are trying to help me. I do. Your post was understood, but understand that sometimes you have to stick to your gut, and can’t switch it because others tell you to.
All these new restrictions make sense. Babylon bee was 100% accurate again. They called it in July.
https://babylonbee.com/news/to-defeat-delta-variant-experts-recommend-doing-all-the-things-that-didnt-work-the-first-time/
U.S.—To defeat the massive, scary, definitely world-ending wave of COVID being driven by the delta variant of the deadly, frightening disease you should remain afraid of for the rest of your life, experts are recommending we try all the things that didn’t work the first time.
From wearing masks and social distancing to locking everyone down and destroying the economy, experts are all suggesting that we just try the same things we did last time that didn’t work at all.
“We are going to lock down, wear masks, and social distance, all of which didn’t work, but hey. It’s worth trying again,” said Dr. Anthony Fauci in a television interview this morning. “If at first you don’t succeed, try, try again. That’s what they taught us in science school. Look at my lab coat. It’s white. Do you like it? It has pockets.”
The television anchor then assured Dr. Fauci that his pockets were very nice.
“Thanks. I also have the heartbeat thingy. I like to breathe on it to warm it up. Makes me look official and doctory and whatnot.”
At publishing time, experts had clarified that while we’re going to be doing the same things that didn’t work over and over again, we’re going to be doing them harder this time.
The FED has changed to the game. We’ve reaped the rewards for printing money, but have not paid the price for it. When the hammer comes down, it will be this changed policy that will be to blame for the great correction, much like leverage was to blame for the Great Depression.
You can’t print your way to prosperity. If this was the case, everyone would do it. We can’t even raise interest rates without fear of wrecking the entire economy.
I know we all want to blame China, but what if the dark forces (o whatever the Qanon crowd calls that secret group of puppeteers) created Covid as a cover to get all of this excess currency out into the economy. I mean, does anyone know of anyone who suffered financially through any of this? Honestly. I don’t know of a single person. And if you think the middle class does well during a bull market. You should see how the really wealthy do!
I’m off to Vegas this afternoon. Wish me and my KN-95 luck. Time to start scouting real estate in the desert.
“You are not paid by the hour. ”
Should that be you are not paid for the commute? Even with 2-3 days a week, it wont take long to get back to be at your desk before 9am and eyebrows raised if you leave at 5pm.
I’m off to Vegas this afternoon. Wish me and my KN-95 luck. Time to start scouting real estate in the desert.
And what’s up with Costco?
The stock is really outperforming! Savings from stopping samples?
Well, that’s my point. Think the FED understands that we have brought unnecessary pain to the economy for a long time when you really didn’t have to. Just fix what is broken, instead of taking down the entire machine. Stability is the target, not supporting political based economic ideology which was the case for a long time.
No, you can’t expand or decrease the monetary supply based on the needs of the economy…that’s taboo. Well, clearly it’s not. Why let debt destroy the entire economic system when you really don’t have to? The experiment has been tried and proven. Just keep the economic gears moving, and do not let them lock up.
“I mean, does anyone know of anyone who suffered financially through any of this? Honestly. I don’t know of a single person. And if you think the middle class does well during a bull market. You should see how the really wealthy do!”
Whatever happened to the prestige of working in a high rise in Manhattan. You are all worthless and weak in my opinion, you need to be back in there fighting for the corner office. Get back in there it won’t be the same I tell you without the backstabbing and water cooler talk…Think of the children….those younger Millennials and Generation Z won’t make it without it I tell ya!!!
Should that be you are not paid for the commute? Even with 2-3 days a week, it wont take long to get back to be at your desk before 9am and eyebrows raised if you leave at 5pm.
More like 7:45 – 5:00 but why would eyebrows be raised?
I mean, does anyone know of anyone who suffered financially through any of this? Honestly. I don’t know of a single person. And if you think the middle class does well during a bull market. You should see how the really wealthy do!
I know 3 people who’s businesses are in shambles. One was a limousine service. Another was a food truck. Another was a catering business. If you go through Princeton, Covid put about 30% of their st9refront businesses out of business.
Pumps – re: The fed understands? Like a kinder gentler machine gun hand?
We blew a 17 trillion dollar bubble, and that is not now it was during the housing crisis over a decade ago now. They will never admit that mistake which caused millions of families to be foreclosed on at a rate of 2 million a year, year over year over year. It’s all but forgotten now..
What makes you think this time is any different? You think the common man will be bailed out? Nope not this time either…FU pay me if you miss a few payments tough….here is your eviction notice now GTFO!
decrease the monetary supply
HAHAHAHA
Juice,
This was the site. Back in 2008, f-in comical and frightening at same time. Keep eye out. There are no bigger scum than mortgage execs. President of my old (collapased) mortgage DD firm, well he is back with toothy pic and bio as MD as another pop-up DD firm. He spent a decade bouncing around jobs because he could not play president when industry nosedived in 2009.
https://ml-implode.com/
Hearing that use of “pandemic of the unvaccinated” is no longer permitted.
This guy gets it. With so much negativity and everyone and their mother focusing on shorting….you are at the bottom. Could always go lower, but the negativity says we are very close to the bottom.
“I think the bubble already popped in ‘21 and with sentiment so negative that is not reminiscent of the top but rather closer to the bottom. Just like energy and financial stocks were hated in ‘20 and had fantastic ‘21 so will the arkk complex in ‘22 imo.”
https://twitter.com/nygrowth_invest/status/1469343763487248393?s=21
Juice,
2008 was supposed to be a massive depression. There was not, and life for most ended up not being impacted by this huge broken gear in the economy. If they had just let the engine seize up and blow up, who knows what horrors would have awaited ALL OF US instead of the few.
That’s how I feel about it. Instead of a depression, we have been on a bull run for most of that time. We had our recession and we are now ready to enjoy a decade of economic growth and innovation.
How we are not grateful for that, is beyond me. Instead, we bash the fed for avoiding a depression. We are not happy about the bull run.
Pumpkin . . .
does too much bull run ever lead to something bad? If so, what is the negative consequence for running the economy hot for too long?
Those TSLA calls still not looking good to print . . . the guy burned $420k down to $155k so far, as of today. No one can tell the future, so maybe this works out for him, but . . . so far, not so good.
https://www.reddit.com/r/wallstreetbets/comments/rcuzbs/glideoutside_tsla_129_yolo_420k_155k_retirement/
re: “pandemic of the unvaccinated” is no longer permitted.
“pandemic of the un-boosted”
Death numbers will probably show 1 in 4 deaths or 25% are vaccinated. Again speaking for the majority of deaths the 65+ baby boomers remaining Silent Generation.
Particularly in the nursing homes, Data says only 50% of those folks are boosted.
Send in the Army….
Been a while since I’ve been able to post but it seems like nothing has changed. Pukin’ Pumpkin rage posting about WFH. For some reason he seems to think hybrid work translates into to zero opportunities for face time – as if people aren’t capable of leveraging in person meetings when it makes sense to do so. His argument amounts to “all workers are lazy and won’t innovate if they can’t be physically seen.”
I’ve spent my whole life to this point in the corporate world. I am critically evaluated annually based on very objective contributions – not on the amount of time I sit at a particular desk. But even so, the annual reviews are more of a formality these days. As other posters can attest, no productive group wants dead wood on their team and bad employees are dealt with in real time. Inadequate planning and execution are documented and used as justification for termination. There is no union to protect you. I am certain that if Punkin conducted himself the way he does on this blog by wasting people’s time making disingenuous arguments, his team mates would make his working life miserable. He’d be out in a flash.
As I noted a while ago, my employer was piloting a hybrid model before Covid, with positive results. We are still 100% remote with absolutely no drop off in performance, but the plan is to have at least 2 days in the office. Our executive leadership team has been vague in terms of explaining their rationale for even that mandate; it would not surprise me if they are bowing to political pressure to help boost NYC’s economy.
And fwiw – my employer had a 100% month over month increase in positive Covid cases (with a different statistically significant sample size). Sorry to the healthcare workers. It’s going to be a rough winter.
Anon: Excellent analysis, and exactly right. But be prepared for pumps to tell you are wrong. He hates WFH for only one reason.
pumps you don’t get it, because it didn’t effect you personally or someone you know it didn’t happen. People were financially ruined by the 2008 crash, both of my properties were owned by people who got crushed, in one case lost their home and in the other an investment property. A lot of younger people are still feeling the brunt, some of us might have had a few years of career stagnation because of the crisis but others careers never started. Some one will pay for it, there are winners and losers, maybe they have optimized the scenario but once they stop expanding the money supply, then what? In the absence of real economic growth eventually they have to stop. The economy is like a junkie and QE/zirp is like heroin, they need to ween the junkie but not cause withdrawal to kill him. An economy that never crashes is like a man who never dies, we haven’t seen one yet and I doubt we ever will.
Crushed,
https://www.vice.com/en/article/bvnn3a/i-lost-dollar400000-almost-everything-i-had-on-a-single-robinhood-bet
It’ll come off as stupid, but I consider myself conservative from an investing perspective
lol, I’m super conservative, let’s bet my life savings on a call option.
Hybrid was here before the pandemic. Let’s get this straight. When 3b talks about WFH, he is not talking about hybrid. He thinks offices are going to disappear. That’s my argument. I think it’s a crazy position. So understand that.
Anon says:
December 10, 2021 at 1:20 pm
Been a while since I’ve been able to post but it seems like nothing has changed. Pukin’ Pumpkin rage posting about WFH. For some reason he seems to think hybrid work translates into to zero opportunities for face time – as if people aren’t capable of leveraging in person meetings when it makes sense to do so. His argument amounts to “all workers are lazy and won’t innovate if they can’t be physically seen.”
Yes, some pain, but for the majority of the participants in the economy…it was a win for the FED and it’s objective of stability without massive crashes.
JCer says:
December 10, 2021 at 1:30 pm
pumps you don’t get it, because it didn’t effect you personally or someone you know it didn’t happen. People were financially ruined by the 2008 crash, both of my properties were owned by people who got crushed, in one case lost their home and in the other an investment property. A lot of younger people are still feeling the brunt, some of us might have had a few years of career stagnation because of the crisis but others careers never started. Some one will pay for it, there are winners and losers, maybe they have optimized the scenario but once they stop expanding the money supply, then what? In the absence of real economic growth eventually they have to stop. The economy is like a junkie and QE/zirp is like heroin, they need to ween the junkie but not cause withdrawal to kill him. An economy that never crashes is like a man who never dies, we haven’t seen one yet and I doubt we ever will.
A boom doesn’t have to lead to a crash. This is the old school economic thought process because they did not comprehend or look at the economy in the way the fed does today. You think they could understand quantitative easing or tightening? Come on.
crushednjmillenial says:
December 10, 2021 at 1:14 pm
Pumpkin . . .
does too much bull run ever lead to something bad? If so, what is the negative consequence for running the economy hot for too long?
Think about it. When was the last big crash? Almost a hundred years ago. We will prob never see another Great Depression type event again. Just recessions.
The union does not protect anyone. The rules were changed by Christie. You are living in the past. If they want to get rid of a teacher, they will.
Also, you must not know about the game of keeping teachers for 3 years, using them, and then dumping them before they are tenured. Why isn’t the union protecting them? Why?
“I’ve spent my whole life to this point in the corporate world. I am critically evaluated annually based on very objective contributions – not on the amount of time I sit at a particular desk. But even so, the annual reviews are more of a formality these days. As other posters can attest, no productive group wants dead wood on their team and bad employees are dealt with in real time. Inadequate planning and execution are documented and used as justification for termination. There is no union to protect you. I am certain that if Punkin conducted himself the way he does on this blog by wasting people’s time making disingenuous arguments, his team mates would make his working life miserable. He’d be out in a flash.”
Storefronts are thriving in St. Armond’s Circle in Sarasota FL. They don’t have rainbow signs using mind control to tell them to wear masks outside like the fancy intellectuals prowling Princeton.
The Union is there to provide legal protection when or if it comes about. They are there to bargain as a group for better working conditions, health benefits, raises, and our pension. Stop acting like they provide you the right to not do your job.
Cathie, don’t deviate from your strategy. She has to understand the hate for her and high growth stocks right now. It will not last forever. Just like when oil went negative, couldn’t give it away, but it’s only that moment, won’t last forever.
‘I’ve never been in a market that is up — has appreciated — and our strategies are down…That has never happened before.’
— Cathie Wood, CEO and founder Ark Investments
As usual folks Pumps fails to understand.
Perhaps I will break down the dillema just one more time.
The Feds balance sheet is now almost 36% of US GDP, this includes money from the last housing crisis and massive borrowing ever since due to fiscal irresponsibility from Congress.
Assuming this Covid induced crisis is over and they actually taper and raise rates what are they going to do sell that 9 trillion in paper ? Newsflash there is no customer for 9 Trillion in US Treasuries and Agency MBS.
So what do we do during the next recession or pandemic induced crisis? Well looks like we grow the balance sheet some more right. Next bailout has to be bigger than the last so say to what 50% or 75% of the GDP of the entire country. Again to keep things in perspective it’s just one year of GDP not ten…not that we could pay if down in 10 years either.
Boomers the engineers of this mess, many who actually understand are hoping they won’t live long enough to find out or pay the price. Bernanke is 67 Powell is is 68, Yellen is 75. Do they really believe there won’t be another massive crisis in their lifetimes and we can just keep the game going, avoid real recessions and resets? As Bystander mentioned some mortgage execs and bankers are back in the game again, these people should be ex-cons by now or banned from the business forever.
Let their grand kids and great grand kids figure it out is the only plan. If it all blows up and they need to fill a wheel barrow with cash to buy a loaf of bread they can just switch to Bitcoin right?
Same thing with Home Depot. If you are perceived as having a strong strategic moat, whether MSFT et al. Flood of liquidity will create outsized investment flows. Money is being sucked away from The Cathy Wood All-Stars types. Just don’t fcuk it up like Boeing did. Bottom line, narrowing of market leaders and overweights is a bad trend. But ultimately means nothing unless economy tanks.
Libturd says:
December 10, 2021 at 12:13 pm
And what’s up with Costco?
The stock is really outperforming! Savings from stopping samples?
Doesn’t that tell you the bubble in high growth has liquidated and gone into bank, energy, and stocks like below. That’s the bubble now. Ride it up, but it’s only a matter of time before it pops and they go chasing high growth again.
People are all scared. They all think a bust is upon us. Facebook groups. Twitter. This blog. All the same. All think the sky is falling and trying to protect themselves. How much cash is on the sidelines?
Chicago says:
December 10, 2021 at 1:59 pm
Same thing with Home Depot. If you are perceived as having a strong strategic moat, whether MSFT et al. Flood of liquidity will create outsized investment flows. Money is being sucked away from The Cathy Wood All-Stars types. Just don’t fcuk it up like Boeing did. Bottom line, narrowing of market leaders and overweights is a bad trend. But ultimately means nothing unless economy tanks.
Pumps; Wrong again as always. Hybrid was minimal before the pandemic in most corporate sectors; that is a fact.
Hybrid is a combination of WFH and in the office. It ranges from 1 Day a week or month and up. Additionally, there is completely remote which may include an occasional office visit.
Stop lying when you say I said offices will go away completely. Never said it. I did say there could come a point where they would become obsolete for the most part.
I also said that with hybrid and fully remote the need for office space would decline and for some will go away completely. Hybrid/ hoteling, there simply won’t be the need for all the office space there was in the past. That is a fact. That in turn will ultimately hurt commercial real estate and that impacts you personally, and explains your hatred of it.
Additionally, it may going forward affect the value of towns close to NYC as the need to be close to the office is no longer the issue it was. Combine hybrid/ WFH with companies filling positions that are geographically agnostic, and that adds more pressure.
That’s why you hate WFH/ hybrid because you believe it will hurt you personally.
You are constantly going on with your destructive technology, hybrid/ WFH is destructive technology, perhaps one of the biggest.
Juice,
Why can’t they add to it, what difference does it make? Are people still buying bonds? Is the economy still running? Can the banks still make loans?
You guys want it to be fundamentally perfect, and that does not exist. The object is stability. Stability of currency. Stability of the labor market. Stability of the stock market. Stability does not mean perfect, it means not massive busts.
Juice Box says:
December 10, 2021 at 1:59 pm
As usual folks Pumps fails to understand.
So then why do you always say WFH will impact me negatively? Why? You know damn well you took the position that NYC is dead and that offices are dead.
Just stop…
“Stop lying when you say I said offices will go away completely. Never said it. I did say there could come a point where they would become obsolete for the most part.”
Nah, hybrid made them even more valuable.
Why aren’t nyc prices crashing? Why aren’t north jersey prices crashing? You know why, because you are totally wrong.
“Additionally, it may going forward affect the value of towns close to NYC as the need to be close to the office is no longer the issue it was. Combine hybrid/ WFH with companies filling positions that are geographically agnostic, and that adds more pressure.”
“How much cash is on the sidelines?”
Probably not nearly enough.
Ever wonder how the government is going to pay for Omnicron care?
Lib,
https://www.cnbc.com/video/2021/10/27/howard-theres-just-too-much-cash-on-the-sidelines-right-now.html
Juice is on fire today.
A new angle to WFH. It was inevitable.
Injury on way from bed to home computer is a workplace accident, German court rules
https://twitter.com/PostWorld/status/1469346794261864463
re: “what difference does it make? and Why can’t they add to it”
I am only talking about the FED, but lets add that combined with US Debt and unfunded liabilities.
US Debt to GDP is now 122% or 29 Trillion, which is allot less than 36% which it was pre-housing crisis… Then salt in the unfunded liabilities….21 Trillion in Social Security, 34 Trillion in Medicare and the beat goes on and on…Debt under every rock approx 1/2 million per citizen alive today. That is not including the State and local debt either.
We have a responsibility. The inflation you barely feel is amplified elsewhere in the world countries have to settle trade in dollars. Dollar has hit a 16-month high up 7% DYX for example but that is only against rich country economies. The third world is already a mess but you won’t read much about that on the MSM.
But hey we can just print our way to prosperity right, what difference does it make?
Wow, this is wild. You sure you want your workers at home unsupervised? Wonder what happens if they accidently burn the house down while on the clock?
Fabius Maximus says:
December 10, 2021 at 2:55 pm
A new angle to WFH. It was inevitable.
Injury on way from bed to home computer is a workplace accident, German court rules
https://twitter.com/PostWorld/status/1469346794261864463
Juice,
It will impact us as well. The market should be moving like this when there is no Covid, no massive debt expansion, no announcements that vaccines don’t work and when the president doesn’t have the worst approval ratings nearly ever. This is all a facade paid for with debt.
When the next black swan swoops in, I would much rather we be in a mid 90s FED position than the one we are in now. The gun really is empty. They say, “don’t fight the FED.” But this FED is lying on the canvas with a leg on the ropes.
Lib,
They said the FED gun was empty all last decade. What happened in 2020?
And I understand your guys position….I get it. I’m just looking at what I see. China has been manipulating their economy for how long?
At the end of the day, all that matters is people keep producing goods and people keep buying them. That’s all that matters. That the economy keeps going. aka stability
The End Is Nigh (NJ RE Report / Libturd Edition):
https://www.youtube.com/watch?v=6XAclhSxG78
This is going to be glorious when the shorts get squeezed
“$ARKK short interest is near highs.”
https://twitter.com/mayhem4markets/status/1469367304366530561?s=21
Nonstop short attack in 2021 on her funds. Thanks for creating some cheapies.
Fast, to your point earlier about WHF.
The days I go in, I leave the house at 7am and the office at 4:30pm to beat some of the traffic. That’s with over an hour commute each way. The days I’m home, I log-in well before 8am and log off around 7pm. Which is more productive.
Below this seems to be the earliest record of Pumps’ pumping of ARKK.
On that date ARKK was at $141, and now it’s at $96, losing 32%
In contrast someone who bought the S&P500 on that date made 24% gains. See the chart here:
https://tinyurl.com/pumkintheinvestor
There’s no debating even for someone craving to own ARKK that they would have been much better off owning the index this year and selling that and rolling into ARKK now rather than all this way down.
Plenty of people on this site told the pumper that buying into this hype was a terrible idea, which predictably make the pumper argue even more blockheadedly.
ARKK’s relative performance is awful on a historical scale. Underperforming by 6% in a year is massively disappointing. Underperforming by 20% is stunningly bad, and usually gets plenty of people in a firm fired. I’ve actually never before seen a long only fund underperform by more than 50% in a year other than by fraud. It’s almost impossible to pick a portfolio of 20 or more non-penny stocks and underperform an index by 50%. Most funds and fund managers would be permanently discredited by such a lack of risk management.
It’s so typical that Pumpkin would be the one sucked into that and he’s probably claiming he still “nailed it” and that it’s just setting him up for that much more success in his 5 year dollar cost averaging plan he proposed below:
–
The Great Pumpkin says:
January 12, 2021 at 5:51 pm
Dollar cost avg every month at 3,000 a clip. Wont sell for at least 5 years, goal is to hit 10. Innovation winners will be clear as day at that point. Will then find my next investment.
Libturd says:
January 12, 2021 at 5:26 pm
The Great Pumpkin strikes again.
Let us know what price you bought ARK and what price you sold it.
Rt 1.41
Pouring gasoline on this dumpster fire.
No one,
It’s a long term investment. You don’t get victory laps in year 1. So you think innovation is dead long term?
Btw, why do you ignore the short attack? Over 13% of the shares are being shorted. Do you understand the hate for her? This will all fade with time. Almost all of wall st ganged up on her and did their damn best to shoot it down. It happens when you are a woman kicking the sh!t out of the boys. They don’t like it.
Remember, they are not only shorting ark funds, they are also shorting the hell out of the individual stocks. This won’t last…the short squeeze is going to epic.
ChiFi,
That’s the stability Pumps is talking about.
What’s crazy is I know that exact location. Caesar’s casin0s have really become complete dumps. It’s all MGM now. Just be careful at their concerts to always be standing behind someone. Especially in Vegas.
This is so dumb. Cheering on working longer hours. High five.
Trick says:
December 10, 2021 at 4:53 pm
Fast, to your point earlier about WHF.
The days I go in, I leave the house at 7am and the office at 4:30pm to beat some of the traffic. That’s with over an hour commute each way. The days I’m home, I log-in well before 8am and log off around 7pm. Which is more productive.
Pumps, you are seriously better off in Krypto. And you know what I think of it. Seriously. You are hopeless. Occasionally entertaining. But hopeless.
And no one, btw, she beat the s&p 500 every year since 2014. Why do you only focus on one year to run victory laps?
Pumps, I too work more hours now. In my fukcin’ pajamas. If I want to see my kid’s 3rd grade play? I can now go. If I need to repair the brakes on my car? I don’t have to waste my Saturday. No pain to the company. You are a lost cause.
Just remember, the market is run by greed. They knock high growth stocks even lower, eventually they are all going to jump back in. It’s inevitable.
This is no different when I was yelling to buy real estate when no one wanted it. How that work out.
You can’t stop Innovation at this time and place. I’ll bet on it every time right now. It might go down all next year, but when the ship turns, it’s going to go off.
Lol…what a hill to stand on. Doing more work without getting paid for it. To make yourself feel better, you tell yourself you get to work in your f’in pajamas. Listen to yourself. To each and their own. Keep the pajamas, show me the money.
Libturd says:
December 10, 2021 at 5:39 pm
Pumps, I too work more hours now. In my fukcin’ pajamas. If I want to see my kid’s 3rd grade play? I can now go. If I need to repair the brakes on my car? I don’t have to waste my Saturday. No pain to the company. You are a lost cause.
People are crying about inflation. Meanwhile, a bunch of people are doing way more work for same pay in the WFH environment. How is that not deflationary?
Here’s a clue.
http://www.crossingwallstreet.com/buylist
This is how I invest, for the most part. He has outperformed the S&P 500 by 80% in the last 14 years, in safe, low risk, boring growth stocks. He does not buy or sell more than ten names a year and his trades are automatic. And if you think he’s doing well now. Just wait until the market corrects.
He also runs a small ETF that pays him commensurate to its performance if you are too lazy to make ten trades a year by yourself.
Some of us don’t measure quality of life by the material our deck is made out of. On the bright side, when you go broke, Tigerwood is a pretty dense wood. You’ll need it to burn for heat.
I talk about the last year because that’s when you became obsessed with ARKK and started pumping it on us.
Any chump can chase past returns.
Lib,
Just busting balls like you bust mine.
You have to do what works for you and only you know what is best for you.
And no one, btw, she beat the s&p 500 every year since 2014. Why do you only focus on one year to run victory laps?
She did not beat the S&P. She made a few billion the first 5, then lost 40 billion the past year
Speaking of crypto, I dumped the rest of mine this past week. I said I would let the rest ride, but I don’t have the stomach for it in this environment.
Pumps, you are lost.
As Lib said, I would take the 5 days WFH rather then the commute any day, the flexibility is the key. WFH today, have a major project that needs to go live this weekend for Monday’s files, eating dinner while I work with the family. In the past I would be in the office and not get home until after 10pm.
No one,
Do you believe massive change is upon us from a technical standpoint? Or has the Revolution already passed us up?
This is the only question that matters when it comes to investing in disruptive technology. I believe we are in a period of massive change. Covid has held it back by forcing innovative teams to WFH as opposed to in person, but I believe it’s an unstoppable wave of change coming this decade. It is only getting started, esp in healthcare.
I believe what I believe. Cathie created a tool that can be used to invest into it. I’m going to continue to invest into it because of my belief in a revolution of disruptive tech that is already happening. I don’t see how this movement just fades away.
How the hell do you focus? The distractions in this post alone is wild.
“WFH today, have a major project that needs to go live this weekend for Monday’s files, eating dinner while I work with the family. In the past I would be in the office and not get home until after 10pm.”
And guys, im not saying I’m right, just playing devils advocate with WFH.
Shows you have no clue about working outside of teaching, waiting on others to finish their work. Can do it at home instead of sitting in an office waiting.
Ahh, trick, now you are bringing up valuable points.
At the same time, how much longer does the wait become when your team member is distracted at home by his kid that just spilt milk all over the kitchen or the wife that keeps chewing his ear off while trying to work…or the roommate that brought an extra girl over and wants to do a shot.
Home has a lot of distractions.
Again your are lost, its peak season for HC and the developers are all over it.
Pumps : Then why are you so hostile about WFH? Ask yourself that question? And of course the answer is less need for offices may affect your household income. It’s as simple as that.
As for the German court case, and supervising workers, are you joking? No one is supervising their employees to make sure they don’t hurt themselves. Does someone supervise you in the school?
And as for playing devils advocate, you have no business doing it as you have no personal experience to draw on. Can we play devils advocate with teachers? No not in your world. We just don’t know we don’t understand, but you of course can comment as an expert on WFH/ hybrid.
No one,
Just please give me a response on that question. Interested to see your perspective.
I’m not pumping ark either, I think it’s clear as day that I’m the only one that believes in it on this blog. That makes me feel good about it. If everyone was supporting it instead of bashing it, I would run for the hills. The majority are never correct when it comes to something like this.
3b,
It’s a hot topic, and the answer is valuable to my investments in ark funds. Who do you think wins big if WFH takes hold like you imagine. It’s a wet dream for ark.
What do you think is part of the reason her funds got slammed. People had high expectations for WFH and have since adjusted them. You don’t want to hear it.
3b says:
December 10, 2021 at 6:28 pm
Pumps : Then why are you so hostile about WFH? Ask yourself that question? And of course the answer is less need for offices may affect your household income. It’s as simple as that.
There are cameras everywhere watching your every move. All I implied by that post was that a lot of con artists could take advantage of their employers if this case holds up.
“As for the German court case, and supervising workers, are you joking? No one is supervising their employees to make sure they don’t hurt themselves. Does someone supervise you in the school?”
Chi your video..You will never find a more wretched hive of scum and villany…
It was mortgage lenders….
https://www.inman.com/2021/12/10/when-lenders-go-wild-triple-play-realtor-convention-brawl-goes-viral/
Pumps – You take the good, you take the bad, you take them both and there you have. The facts of life, the facts of life. There’s a time you got to go and show
You’re growin’ now you know about The facts of life, the facts of life.
Some folks trust to reason some folks trust to might,
I don’t trust to nothin’ but I know it turn out right.
Weir
Look at these numbers and people are busting her balls. Unbelievable.
https://finance.yahoo.com/quote/ARKK/performance/
BRT says:
December 10, 2021 at 6:02 pm
And no one, btw, she beat the s&p 500 every year since 2014. Why do you only focus on one year to run victory laps?
She did not beat the S&P. She made a few billion the first 5, then lost 40 billion the past year
You can’t do math.
Brt,
Annualized returns over the past 5 years for arkk are over 40% compared to 17.9% for the S&P 500. Do the math.
That’s the thing with ark funds, they are not going to do good every year. They will win in the long term for the patient investor. Go look at the numbers over the years. Big years overcome the sh’t years. When they fly, they fly. That’s why this is screaming loading zone for arkg. It’s a remarkable long term price.
Pumps: A wet dream? What are you a teenager?? Forget about your Ark funds , you hate WFH because it may negatively impact your overwhelming source of job income in your household. That’s the fact period.
As for WFH taking a back street, why because you read an article that’s says so? I have pointed out numerous examples for you, but you continue to ignore them, and you ignore or deflect most on almost question.
So again can we just to play devils advocate comment on teachers?
40% of 100 billion is greater than 500% of 2 billion. She has lost tens of billions more than any gains she ever made her clients.
Pumps, I found an investment for you. It’s a former pancake company turned into a bitcoin mining operation. Here’s an article on it.
https://finance.yahoo.com/news/nates-food-co-purchases-s19j-130000331.html
HUNTINGTON BEACH, Calif., Nov. 12, 2021 /PRNewswire/ — Nate’s Food Co. (OTC: NHMD) is pleased announce that it has purchased 6 additional S19j Pro (100 TH/s) machines for its bitcoin mining operation. This new equipment is scheduled for December delivery and is expected to be installed in January 2022. The cost to host the units is expected to be approximately $220 per unit per month.
The company currently has 1,500 TH/s mining which is expected to generate revenues of approximately $18,000 per month. The added units would increase the Company’s revenue to approximately $25,000 per month which is in-line with their projected growth and build out of their mining operation.
About The Nate’s Food Co.
The Company operates a Bitcoin Mining Company. Additional information is available by visiting company’s website at http://www.natesmining.com or on twitter at https://twitter.com/natesmining.
Revenue related calculations. Please note that the Company believes that any revenue related calculations are accurate and based on factual information, there can be no assurance that the Company will be able to achieve all projections due to number of business-related factors, such as power pricing, mining equipment availability, bitcoin mining difficulty, bitcoin market pricing and other unforeseen issues in deploying its mining rigs. You can view update information on Bitcoin Mining by visiting https://novablock.com/calculator.
Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company’s business and any of its products, services or solutions. The words “believe,” “forecast,” “project,” “intend,” “expect,” “plan,” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company’s previously reported actual results, performance (finance or operating) to change or differ from future results, performance (financing and operating) or achievements, including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the SEC, copies of which may be obtained from the SEC’s website at http://www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.
For more information:
Nate’s Food Co.
Email: nate@nateshomemade.com
Phone: (949) 341-1834
Pumps, I found an investment for you. It’s a former pancake company turned into a bitcoin mining operation.
HUNTINGTON BEACH, CaIif., Nov. 12, 2021 /PRNewswire/ — Nate’s Food Co. (OTC: NHMD) is pIeased announce that it has purchased 6 additionaI S19j Pro (100 TH/s) machines for its bitcoin mining operation. This new equipment is scheduIed for December deIivery and is expected to be instaIIed in January 2022. The cost to host the units is expected to be approximateIy $220 per unit per month.
The company currentIy has 1,500 TH/s mining which is expected to generate revenues of approximateIy $18,000 per month. The added units wouId increase the Company’s revenue to approximateIy $25,000 per month which is in-Iine with their projected growth and buiId out of their mining operation.
About The Nate’s Food Co.
The Company operates a Bitcoin Mining Company. AdditionaI information is avaiIabIe by visiting company’s website at http://www.natesmining.com or on twitter at https://twitter.com/natesmining.
Revenue reIated caIcuIations. PIease note that the Company beIieves that any revenue reIated caIcuIations are accurate and based on factuaI information, there can be no assurance that the Company wiII be abIe to achieve aII projections due to number of business-reIated factors, such as power pricing, mining equipment avaiIabiIity, bitcoin mining difficuIty, bitcoin market pricing and other unforeseen issues in depIoying its mining rigs. You can view update information on Bitcoin Mining by visiting
Certain statements in this reIease constitute forward-Iooking statements. These statements incIude the capabiIities and success of the Company’s business and any of its products, services or soIutions. The words “beIieve,” “forecast,” “project,” “intend,” “expect,” “pIan,” “shouId,” “wouId,” and simiIar expressions and aII statements, which are not historicaI facts, are intended to identify forward-Iooking statements. These forward-Iooking statements invoIve and are subject to known and unknown risks, uncertainties and other factors, any of which couId cause the Company to not achieve some or aII of its goaIs or the Company’s previousIy reported actuaI resuIts, performance (finance or operating) to change or differ from future resuIts, performance (financing and operating) or achievements, incIuding those expressed or impIied by such forward-Iooking statements. More detaiIed information about the Company and the risk factors that may affect the reaIization of forward-Iooking statements is set forth in the Company’s fiIings with the SEC, copies of which may be obtained from the SEC’s website at http://www.sec.gov. The Company assumes no, and hereby discIaims any, obIigation to update the forward-Iooking statements contained in this press reIease.
For more information:
Pumps, I found an investment for you. It’s a former pancake company turned into a bitcoin mining operation. Here’s an article on it.
https://finance.yahoo.com/news/nates-food-co-purchases-s19j-130000331.html
HUNTINGTON BEACH, Calif., Nov. 12, 2021 /PRNewswire/ — Nate’s Food Co. (OTC: NHMD) is pleased announce that it has purchased 6 additional S19j Pro (100 TH/s) machines for its bitcoin mining operation.
Wake up, if my wife left, she would make more money. She stays out of comfort and loyalty. My wife has been with the same company for 15 years because she is talented as f’k and straight up beautiful. Blue eyes European perfection with the smarts and work ethic. Lmao that her compensation is tied to her company and not her own attributes.
3b says:
December 10, 2021 at 8:23 pm
Pumps: A wet dream? What are you a teenager?? Forget about your Ark funds , you hate WFH because it may negatively impact your overwhelming source of job income in your household. That’s the fact period.
That’s on them for selling. Don’t invest in what you can’t stomach. I don’t care if i lose every dollar, why? I don’t need this money to live. This is just pure gravy. Hence, the higher risk strategy etf, but still not as risky as picking individual stocks. That’s why I have no problem holding during storms, I don’t need this money. Will it hurt, sure, but I won’t be losing my house if it fails.
BRT says:
December 10, 2021 at 8:25 pm
40% of 100 billion is greater than 500% of 2 billion. She has lost tens of billions more than any gains she ever made her clients
I’m still young, so I’m still going to take on risk, just not as much as the pancake in can days. Lol.
But you have to take on more risk when young. If you didn’t try to hit a hr, you have no balls. Never risk 100% of portfolio, but if you are not risking some …doing it wrong. Older you get, more risk you take off the table.
At the end of the day, the best long term move you can do for yourself is be in the market long term in anything tied to the U.S or Chinese economy.
And it’s pretty amazing that pancake in a can is alive after all these years now mining bitcoin. At least they have a better idea this time around. Hope it gets a huge pump so i can cash out of this pig.
re: “I’m still young”
https://www.youtube.com/watch?v=-s7YJb9j7Tc
BRT – re: ” former pancake company turned into a bitcoin mining operation”
I have a gold coin for you my Bergenfield boy…..
lol, wtf, you didn’t cash out on the fake pump and dump?
Nate’s Mining (OTC:NHMD)
@natesmining
For November 2021, we received 0.24789 #BTC from our #bitcoin mining operation.
#NHMD
Wow, they had .1 BTC more than I did in November. I’m jealous.
Lol…it’s sad they couldn’t mass produce pancakes in a can, because if you liked fluffy pancakes, these were so good. So easy to make. So convenient. Still think someone eventually comes along and learns how mass produce it so you can compete with cheaper alternatives.
Come on, making pancakes was as easy as pouring cheese whiz on a cracker. An idea too early for its time.
Nah, waiting for a bigger pump. Seen how this game is played and patiently waiting for the real pump.
I remember there was this great company that was going to change the world. Dad’s in my neighborhood were all investing in it and getting rich. Iomega. It was going to disrupt the storage space.
That rangers and pats bet has dropped significantly since i placed it. It’s cool that draftkings offers a cash out feature. Gambling is for fools, but smart bets are smart bets.
Rangers are 8-1 since i put that bet in, and pats still haven’t lost. Rangers are 2200 (bet made at +3000) and pats are now +700 (were +1400.)
Had that pumpkin feeling. Hope i take them for a 75k ride for two different bets at 100 a piece. Felt wild bill was angry last year with people saying it was all brady. Rangers have all the ingredients of a team that wins the cup over and over. They have sick goalie and d, top 6 that is gritty and finesse. Lots of pure goal scorers. Their top two draft picks are growing into better players by the day. Ingredients for a cup.
Let’s see what happens, only 200 dollars. Again, this is not a gamble, but an investment from my standpoint.
Sucks for them that a cathie wood wasnt around.
That’s the beauty of an actively managed etf that invests in disruptive tech. No longer have to do the work of finding a winner in such a tough field. Just play the eff as opposed to the individual stocks picks. Individual stock picks are way more lucrative, but I’m not 25 or 30 anymore. Pay the fee to play.
BRT says:
December 10, 2021 at 9:04 pm
I remember there was this great company that was going to change the world. Dad’s in my neighborhood were all investing in it and getting rich. Iomega. It was going to disrupt the storage space.
humor me, name 4 stocks of hers that have gone up this year. I mean she owns over 100.
And remember human nature… cathie wood is competitive. If you don’t think she is going to adjust and come swinging back…you are crazy. This is her baby, and mama instincts are nothing to mess with.
That’s why it’s screaming buy. The short attacks are real.
BRT says:
December 10, 2021 at 9:22 pm
humor me, name 4 stocks of hers that have gone up this year. I mean she owns over 100.
ok, fine, just 2 stocks, name 2
The sector has been in a bear market for close to a year. Might go lower, but all that matters is right now is cheap. The only people holding these ark funds and their individual stocks at this point are long. Maybe you get lucky and get 10% -20-% more off, No one knows. But more than likely can’t lose buying right now.
It’s way oversold. That doesn’t mean it can’t go lower. Just as high as it overshoots, just as low as it undershoots. The market isn’t rational. That’s why you can make money off the market. Right now, it’s rewarding the wrong sectors, and beating up the right sectors. All out of fear of 70’s inflation that is never going to happen.
Remember, I don’t have the smarts or expertise overall of a chi. Sometimes you don’t need it. All that matters is if you can somehow read the market and economy. I somehow have done that even with a black swan event like covid pandemic that almost destroyed my calls. That’s because the signals (demographics) were so strong. The fed righted the ship and the demographics went right to work in the middle of a pandemic on buying housing like a rabid dog. Just like I predicted.
And lib, I appreciate that you acknowledged my housing call. I looked up to you for a long time and learned a lot from you on this blog. Just because i go against you doesn’t mean I don’t respect you. I swear, i wish I was older and you were younger. I would start a company and hire you to be one of, or the decision maker. I believe in your risk management that much. I also know you are a good honest manager. So don’t take it personal when i stick to my guy on certain issues like WFH. Nothing personal, not trying to insult you. Also, don’t take it personal with the FED, just what i see.
Last clue from me Pumps. She invested in the right sector at the right time. Why did so much money flow into all of these non-profitable names? Because there was no place else to put your money in the zero rate environment for outsized gains. Like you selling your lucky housing call on changing demographics. She’s attributing her lucky guess to disruptive technology. At the end of the day, you both made the right call. Only she has to keep selling her lie to stay afloat. What’s your excuse?
Holy clueless.
Finally, you need to wait for the fat lady for a change. You must be a terrible gambler. You are fascinated by risk. And completely lack discipline.
BRT. Boy did increased internet speeds and the CD ROM crush Iomega.
I just totally buy in to the idea of a revolution in healthcare, which is why i love arkg. I see big things on the horizon with the companies she is invested in.
As for housing, millennials growing appetite is the reason for the hot housing market, and why houses will be much higher in price by this summer.
The guy who changed the world and got no credit for it was Marc Andreeson. Of course, he was not interested in money. More sold on open source and making sure the internet was free. Shame those types of pioneers aren’t around any more. A visual web browser. How novel.
I miss the Mosaic days. Talking about REAL disruptive technology. There will not be another time like the mid to late 90s anytime soon.
A pandemic can’t create demand like this in housing and rentals. There’s not enough to go around. Supply and demand.
It’s here and best invest into this rapid change for the time being. I have zero clue about the economy after this decade due to declining population growth projections. Will immigrants make it up? Think Housing peaks 2025-26. 2024 is the manic stage. Take off to unbelievable heights. Sell by 2025 to cut all risk. Its going to drop and won’t see returns like this ever again because the demographics don’t support another boom.
You are like a Poor Man’s Marvin Gaye.
The Great Pumpkin says:
December 10, 2021 at 9:10 pm
Had that pumpkin feeling
Analytical tools for trading binary options – https://jimboblog.xyz
[url=https://jimboblog.xyz]binary signals[/url]
It is very interesting to read about binary options, analytical tools for trading binary options, binary signals.
https://squareblogs.net/78wiyb35k3
Yup.
“While nobody can promise returns, many Funds put it on page 1A of their website. ARK has had an awful year but have had an equally spectacular last 5 years even while including 2021. The thing that’s been odd, is the level of PERSONAL attacks on ARK’s Chief Investment Officer.
As an economist, she has knocked it out of the park for calling tops in almost all commodities this year. With Lumber, within (literally) 5 minutes of the top. With Oil, it ran another $8 higher but then again how many people said it would be $120-200 this year?
The best ATM machine on Wall Street has been the ARK complex. Perhaps the greatest ATM in 2022 will be $QQQ and $SPY. Look at their top holdings and then look at their PE ratios. They are getting a bit too ripe. I’m set for a less spectacular year in QQQ SPY & a great year w/ ARK
Economists, if correct, usually call Macro Events and then 3-6 months later their Thesis takes hold for winners and loser. We are just about there with ARKK. The most critical people of ARK, are FAR MORE self-promotional on TV,Twitter,etc. you might want to look at their returns!”
Earlier this year, she said oil wouldn’t even touch 70. It did, and it’s still above the level she said it wouldn’t hit.
Strahan in space in about 1/2 hour….
https://www.youtube.com/watch?v=MpaiuDg_DN4
“Elon Musk says ‘civilization is going to crumble’ if people don’t have more children”
https://apple.news/AwLYWu4zVR8SSBmZ-pJTWKQ
The progressive left’s belief that the United States is a country rampant with white supremacy and misogyny has gained a lot of cultural traction. However, newly released statistics from the US Department of Labor repudiate this narrative.
For the first three quarters of 2021, Asian women’s median weekly earnings surpassed those of white men, a trend that only began last year. In the most recent quarter (July to September), Asian women earned close to 10 percent more than white men. The highest-earning Asian female groups are Taiwanese, Indian and Chinese.
Pumps: Sticking to your guns on WFH because you can speak to it personally. Can I stick to my guns on teachers even though I can’t speak to the profession personally?
You hate WFH because your spouse is in commercial real estate. If as you say she can leave at any time and get an equal or better paying position, then you should not care.
You have spent the last 1,5 years insulting hundreds of thousands of people who have WFH during the pandemic and will continue to. You have called them dirty I showered broken people who live in isolation doing low level check the box jobs. While you spend every day on this blog telling us how hard you work, but are still able to post throughout the day here.
I don’t care about your calls, but I do think you are mistaken if you think there won’t be any fallout from the Feds madness you are mistaken. And your fawning over the Fed is nauseating.
You claimed people don’t like you because of your “epic” calls. I don’t like you because of your arrogance and ignorance and the way you conduct yourself on this blog. Your comment about your spouse being beautiful and having European perfection , who talks like that? It’s difficult to have a rational conversation on this board with back and forth discussions as you constantly interrupt and tell us we are all wrong, regardless of the topic.
You myopic clown. There is nothing wrong with Cathy Wood. If it is not clear to you, the setup, timing and results of ARKK 2021 style situations has occurred year after year, decade after decade. The pattern is so prevalent that almost everyone on this board was openly and reflexively stating it in January and February. You could read short essays in Morningstar, Vanguard, Fidelity, Money Magazine, Businessweek, NYT, WSJ from the 1980’s to date. The fact that Covid created all these new market participants flush with cash made it all that more easy to assume that the uninitiated we’re going to be meted out punishment.
The Great Pumpkin says:
December 11, 2021 at 8:08 am
Yup.
“While nobody can promise returns, many Funds put it on page 1A of their website. ARK has had an awful year but have had an equally spectacular last 5 years even while including 2021. The thing that’s been odd, is the level of PERSONAL attacks on ARK’s Chief Investment Officer.
As an economist, she has knocked it out of the park for calling tops in almost all commodities this year. With Lumber, within (literally) 5 minutes of the top. With Oil, it ran another $8 higher but then again how many people said it would be $120-200 this year?
The best ATM machine on Wall Street has been the ARK complex. Perhaps the greatest ATM in 2022 will be $QQQ and $SPY. Look at their top holdings and then look at their PE ratios. They are getting a bit too ripe. I’m set for a less spectacular year in QQQ SPY & a great year w/ ARK
Economists, if correct, usually call Macro Events and then 3-6 months later their Thesis takes hold for winners and loser. We are just about there with ARKK. The most critical people of ARK, are FAR MORE self-promotional on TV,Twitter,etc. you might want to look at their returns!”
Someone that loves their wife. 👍🏻
“Your comment about your spouse being beautiful and having European perfection , who talks like that?”
And what about the blow job comment?
Chi,
Fair enough. Just a lot of hate out there for her. She is going to perform long term and that’s all that matters, right?
We are human beings. Sorry, not sorry. Sexuality is a part of life.
PumpkinFace says:
December 11, 2021 at 10:13 am
And what about the blow job comment?
PumpkinFace wtf Seriously
Get a fuuuuuuuckin life.
Who the hell has an alt just for trolling one pumpkin?
Sure he’s verbose, slightly askew, and possibly a bit narcissistic but these are
all qualities that most New Jersians admire tbh
Someone who loves their wife should also respect her and not talk like that but whatever you’re a lost cause.
Thank you, EX.
Chi,
Can we agree that all those people that jumped in and drove it up were short term traders. Cathie had no control over that and it actually hurt her funds by inviting a year long short attack. These prices are great right now. The funds are at much more manageable levels for her instead of dealing with all these massive inflows. Thinks are looking up. Might take another year or so, but her funds will make a run.
Chi, marrying an Asian woman was one of my best life decisions. Having merely average household income was not an option.
Other dummies, like Dalio and now Bob Prince at Bridgewater who got killed in 2020. Mass layoffs in early 2021. Here is their take:
“We expect that these new policies (fiscal and monetary) will last beyond the virus and how these policies are used will drive markets and economies going forward in a way that is different from past cycles,” Bridgewater added.
It stressed two new policy paradigms are needed to deal with these challenges — a more proactive fiscal policy and central banks lagging inflation and pushing as hard as they can to stimulate economies.
This is an environment of zero interest rates, which is destroying wealth through negative real yields, stated co-chief investment officers Bob Prince, Greg Jensen, and Dalio in a January 2021 global outlook. “And the printing of money to fund government debt — to augment lost income, not to make productive investments — is reducing the value of those currencies at a time when the nominal return from holding the bonds is near zero,” they added.
The pressure to borrow, print, and raise taxes will be with us until the monetary system breaks, they warned.
Vietnam city capital of China [url=https://www.datanumen.com/pdf-repair/] city 6 [/url]
More wealth for ultra rich and big wage increases for working poor..and the rest of us can tighten belts further. Getting education, certs really doing wonders for white collar middle, outside tech:
“We have just very, very strong labor demand in this economy and particularly strong for low-wage workers,” said Bernstein. “That is at the heart of Bidenomics.”
“We have just very, very strong labor demand in this economy and particularly strong for low-wage workers,” said Bernstein. “That is at the heart of Bidenomics.”
Radical Capitalism. American’s love of money at all costs.
Dozens of U.S. universities maintain ties to Chinese universities that conduct defense research in support of Beijing’s military buildup, including work related to the country’s nuclear weapons program, according to a new report released Thursday.
The partnerships are part of a broader effort by China to leverage its access to U.S. research institutions to acquire technology and knowledge that could benefit its expanding military, according to the report by the Foundation for Defense of Democracies think tank.
But the relationships are entirely legal and American universities often tout their ties to “sister” Chinese universities as an academic strength, providing students and scholars with an educational opportunity to collaborate and learn about Chinese language and culture.
Chi 9:54
But when you can keep playing the victim…..
download article
[url=”https://esseybetopics.blogspot.com/2021/09/write-essay-for-me.html”]Essay online[/url]
“However, newly released statistics from the US Department of Labor repudiate this narrative.”
Lets leave aside the False Equivalence of the Racism and Misogyny and focus on the actual data. What changed in 2020 to show the start of the trend? Would the Census have any impact to that?
Lets dig into the numbers. White is approx. 60% of the population to Asian 6% so sample size is a bit skewed. Yet, both have similar poverty rates, but Medium Income is 25% more for the Asian community. Why would that be? High levels of Immigration? Lots of first generation coming here with desirable skill sets? Second generation who are told by their parents they need education. The group therefore has a proportional lead in Degree educated and therefore will skew higher into the white collar roles. So while White will dominate in all sectors, high and low paying, Asian will me more selective in Representation and even in areas such as manufacturing will skew into Medical, Technology and other higher paying areas.
But why would you let Objective Data Analysis get in the way of your partisan outlook.
Stunningly laughable in light of your own analysis. Not that you are wrong at all, but the urge to post an unneeded last sentence, tosses your otherwise reasonable analysis into a dubious calculation with questionable motivations.
Fabius Maximus says:
December 11, 2021 at 3:22 pm
But why would you let Objective Data Analysis get in the way of your partisan outlook.
That new Jane Campion film. Whoa!
1/2 time army navy game my BILs commercial he wrote should be on soon for Chevrolet
..and so it starts. It is transitory..the great Oz told us
“Google tells employees it won’t raise everyone’s wages to keep up with inflation.
It posted its fifth quarter of record profits in October”
“dubious calculation with questionable motivations.” defines your whole first paragraph and the premise for your post.
At least you concede that the analysis is relevant.
Why don’t non-Asian parents tell their kids they need education? Any barely conscious parent knows that.
Jews like a good education and a good rye bread.
Noone, perhaps they are focused more on just surviving and feeding their kids. Number 11 hits home.
https://scoop.upworthy.com/15-things-that-cost-more-for-poor-people-than-the-rich
11. Domino effect
Well. Here’s a good example of something that happens all the time. Daily. Single mom hasn’t gotten her child support check on time. A water* utility bill hits her account that was supposed to be covered by that support. Bank account goes -$135.00 due to the utility bill. The overdraft then incurs a $45 overdraft fee. So. The mom is now -$180 and the electric company sends a letter saying her power will be shut off if payment is not rendered by x date. She knows she won’t be paid until two days after the cutoff. So. Waiting for support and her check she’s now scouring her floorboard for change to put in her tank to get herself to work and the kids to school. The electric cutoff day comes and goes and the support check doesn’t show up. Because she’s being paid a shit wage she has nothing left over for this emergency. The electricity gets cut off and now her $135.00 bill has incurred a $50 service restart fee. Now, her electric bill is $185.00 and she still owes $175 to the bank for the water* overdraft. She is still waiting on the support check. But now because she had to pay the extras for the overdraft, and the electricity, she can’t afford lunch for the kids this week. So she again scours change to get a loaf of bread and peanut butter. Her kids are still hungry so they get lunch from the school. If the school isn’t a$$holes they’ll have an account for her kids that will now also be negative. This actually happened in my friend’s household. It was the most heartbreaking bullsh*t thing you’d ever hear. And it happens every.single.minute.
Fab. My parents divorced and my mom was a secretary. My dad didn’t pay child support. My brother was admitted early decision to Princeton in 1984. They asked my dad for $1,000 to cover expenses related to my brother’s freshman year. My dad told my brother in front of me “get a job and go to night school at Queens College like I did. “
This comment is my long winded way of saying go fcuk yourself.
“Single mom hasn’t gotten her child support check on time.”
“My dad didn’t pay child support.”
I paid over 3x worth of legal fees than my entire custody support bill would have been.
This is my short winded way of saying go fcuk yourself to the family court system.
And if, when I get older, can’t afford to pay my kids college, fcuk anyone including my own kid if she opens her mouth about it.
LUOOV Black Plus size Portable Multifunction [url=https://www.campergearx.com/products/multifunction-sex-chair?variant=36786952274080]Sex Chair[/url] Sex Stool Furniture weight up to 300 pounds For Couple.