From CNN Business:
America may have done the impossible: Avoid a recession
For the past couple years, all the smart money was on a US recession taking place sometime before the next presidential election. To be clear: That absolutely could still happen. In the world of economics, nothing is certain. But it’s looking extremely unlikely that America’s economy will go into reverse anytime soon.
Around this time last year, some of the most closely watched economists were all predicting a recession. As the year went on, they revised their forecast, instead penciling in a mild recession. But like the Federal Reserve, many began ditching the recession narrative altogether.
Which raises the question: How in the world did America avoid a recession? The Fed spent the past 20 months doing everything in its power to slow America’s economy down to combat runaway inflation with full awareness that it could inadvertently cause millions of Americans to lose their jobs.
It hiked its key interest rate target 11 times over that span — and at a historic pace. The Fed hadn’t raised rates so much and that fast since America’s last inflation crisis 40 years ago — and in 1980, the Fed hiked rates so high that it plunged the economy into the deepest recession since the Great Depression.
The Fed also sold off trillions of dollars of bonds and other debt it had bought up over the years, sapping demand for Treasuries, which pushed yields higher. Consumer loans, mortgages, credit cards and other lending rates tied to those yields surged, devastating America’s housing market, which is on pace for its worst year since 1993.
Yet nearly two years into the Fed’s campaign to slow America’s economy, it may have done the impossible: rein in inflation without plunging us into a recession.
Democracy
How in the world did America avoid a recession?
I’ll take ‘Extreme Credit Card Debt’ for $500, Alex.
“How did we pull that off?
The answer seems fairly clear. Economists who argued that the inflation surge of 2021-22 was transitory, driven by disruptions caused by the Covid pandemic and Russia’s invasion of Ukraine, appear to have been right — but those disruptions were bigger and longer lasting than almost anyone realized, so “transitory” ended up meaning years rather than months. What happened in 2023 was that the economy finally worked out its postpandemic kinks, with, for example, supply chain issues and the mismatch between job openings and unemployed workers getting resolved.
This isn’t casual speculation. A combination of rising employment and falling inflation is exactly what you’d expect in an economy with improving supply chains. It’s also what you see when you look at the economy in detail: the fastest-growing sectors have had the biggest declines in inflation. And statistical models of inflation that include supply chain measures track inflation in recent years in a way that more conventional models don’t.”
First first
Fast: It’s all too good, we dodged a recession , the economy is strong, people are spending. Stock market booming again, rates falling so another run up in housing prices, everything is just great. Fed signaling rate cuts next year, market reacts accordingly, then Fed officials start back pedaling on Powells comments from last week, and higher for longer is still on the table. I am skeptical, House of cards.
Anyone with a job and a steady salary who already owns a home is in ok shape. Anyone who rents and has any sort of job uncertainty is not doing well. From what I read 40% of student loan borrowers missed their first payment since resumption. Not a good sign IMO.
Laughable
Therefore, to maintain the status quo pending any review by the U.S. Supreme
Court, we stay our ruling until January 4, 2024 (the day before the Secretary’s
deadline to certify the content of the presidential primary ballot). If review is
sought in the Supreme Court before the stay expires on January 4, 2024, then the
stay shall remain in place, and the Secretary will continue to be required to include
President Trump’s name on the 2024 presidential primary ballot, until the receipt
of any order or mandate from the Supreme Court.
https://www.courts.state.co.us/userfiles/file/Court_Probation/Supreme_Court/Opinions/2023/23SA300.pdf
Very Stable Genius says:
December 20, 2023 at 6:46 am
Democracy
Avoid a recession? Hell no. Always keep it simple. Housing runs the economy. It’s been dead. It will have an impact.
“How the Housing Market Slowdown Is Rippling Through the Economy
Higher interest rates from the Federal Reserve caused the housing market to seize up this year, and that is now having spillover effects for hardware stores, furniture sellers and construction firms. Existing-home sales fell to a 13-year low in October and economists estimate that a report Wednesday from the National Association of Realtors will show they fell again in November. WSJ’s Harriet Torry looks at how the recent sluggish housing market has taken a toll on workers and businesses.”
Engineering elections is common place in the third world. First you use corrupt prosecutors. Then you find sympathetic judges to back you. This was a planned Revolution perpetrated by the left. Nothing less.
I said this for years. Source of inflation was supply chain induced followed by greedflation. Anything else was lies people told themselves…
“Economists who argued that the inflation surge of 2021-22 was transitory, driven by disruptions caused by the Covid pandemic and Russia’s invasion of Ukraine, appear to have been right — but those disruptions were bigger and longer lasting than almost anyone realized, so “transitory” ended up meaning years rather than months. What happened in 2023 was that the economy finally worked out its postpandemic kinks, with, for example, supply chain issues and the mismatch between job openings and unemployed workers getting resolved.”
Global fund manager sentiment is the most upbeat since Jan. 2022: BofA survey. Investors were the most overweight stocks since before the Fed started to hike rates. Cash was cut to a 2-year low of 4.5% & investors are the most overweight bonds in 15 yrs.
BLOOMBERG
From what I read 40% of student loan borrowers missed their first payment since resumption.
It doesn’t matter, there’s no penalty for missing one or five hundred payments. And besides, O’Biden is handling it. It’s all good.
The democrats are getting a little too greedy, they didn’t need this Colorado thing. They should just lay low, take one day at a time and simply increase the number of fake paper ballots in the cities. It’s an easy strategy; let the rural and suburban votes come in as usual and then they’ll know how many votes they need to manufacture in the cities to put O’Biden over the top. I’m not sure why they feel so panicky.
‘The End Justifies the Means’
“I’ll take the new DNC flag design for $1,000, Alex.”
There’s not single institution they haven’t attacked.
Ukraine military officials are pressing middle aged men into military service, according to a WSJ article. They are rounding up poor older men in small villages and forcing them into military service. Those who are idle class in the towns and cities are able to bribe their way out of military service. Corruption, bribed, payoffs. So send the poor and the unconnected off to die. How much of western aid is being lost to corruption? But, don’t question it, just send the check.
TraitorJoe says:
December 20, 2023 at 9:20 am
“There’s not single institution they haven’t attacked.”
One of the potential silver-linings from Colorado’s absurd ruling comes in the form of justice Carlos Samour’s scathing dissent, where he notes “There was no fair trial…I have been involved in the justice system for thirty-three years now, and what took place here doesn’t resemble anything I’ve seen in a courtroom.” . It’s essentially an admission that the Dems/progressives/leftists have abandoned the rule of law and trashed our judicial institutions. But more importantly, it’s potentially a signal that traditionally Dem-leaning latinos will start fleeing the radically leftist and utterly insane Dem party.
By Michael Gold
Reporting from Waterloo, Iowa
Dec. 19, 2023
Former President Donald J. Trump on Tuesday doubled down on his widely condemned comment that undocumented immigrants are “poisoning the blood of our country,” rebuffing criticism that the language echoed Adolf Hitler by insisting that he had never read the Nazi dictator’s autobiographical manifesto.
Mr. Trump did not repeat the exact phrase, which has drawn criticism since he first uttered it in an interview with a right-leaning website and then repeated it at a rally in New Hampshire on Saturday.
But he said on Tuesday night in a speech in Iowa that undocumented immigrants from Africa, Asia and South America were “destroying the blood of our country,” before alluding to his previous comments.
“That’s what they’re doing. They’re destroying our country,” Mr. Trump continued. “They don’t like it when I said that. And I never read ‘Mein Kampf.’ They said, ‘Oh, Hitler said that.’”
The one thing that high schools and colleges don’t teach kids is how to balance a checkbook, how to balance a household budget, or how to manage debt. Yet they have time to spend months on slavery, colonialism, race, indigenous tribes, sex education, etc. Home economics used to exist, but I get the sense that it barely does anymore. Maybe they bake some cookies or learn to use a sewing machine, but that’s not really home economics, and it’s pretty much always an elective anyway, hard to fit in for kids on college track.
Maybe they should create a new class mandatory for both kids and teachers called: “How to be a functioning, self-sufficient adult and not molest kids”
100k Americans died last year from fentanyl smuggled in and the propagandists want us to be worried about hurting the feelings of the invading. Not a top concern.
Biden and mayorkas have handed our sovereignty and security over to foreign cartels so they can advance their political advantage. This is treason.
“Poisoning the blood of our country”?
More like, doing the dirty jobs our kids don’t want to do, while hoping their kids have a better life.
I’ll bet Trump has some of those “blood poisoners” working at his golf clubs.
I thought anyone willing to work hard was welcome in what some call “Classical America”
Despite his many lies, I will always believe Trump on the subject of him not reading a book. I doubt he’s ever read one from cover to cover.
Finance.
The most valuable class you will ever take, but rarely taught.
Joe,
No one forced any of those 100K to take drugs. The sad truth is, your posts are so full of shit, they sound like they are right out of the lips of Bannon. Go pedal your bullshit on a site suckering $10 a month out of dumb Boomers and trailer park trash. You know, since it’s obvious you subscribe.
I’ll sit back and count all of the dollars I’m making off of the healthiest economy this country has witnessed since Clinton’s second term. And that’s with interest rates above 5%.
Trump is all gimmicks. Always was. Always will be. And you will always be the sucker for falling for them.
And I will say this over and over again. Yes, the DNC is corrupt. It’s a terrible party lead by people who are interested in enriching themselves. But they make sure enough of the crumbs trickle down to the people and they align their social positions with what the majority of this country want. They also are educated enough to know not to get felt up in a movie theatre. But when it comes to making money for themselves. They are the unethical experts.
Good post. It’s the truth. The hypocrisy is real.
No One says:
December 20, 2023 at 10:13 am
“Poisoning the blood of our country”?
More like, doing the dirty jobs our kids don’t want to do, while hoping their kids have a better life.
I’ll bet Trump has some of those “blood poisoners” working at his golf clubs.
I thought anyone willing to work hard was welcome in what some call “Classical America”
Despite his many lies, I will always believe Trump on the subject of him not reading a book. I doubt he’s ever read one from cover to cover.
You can’t stop this market. This economy is on fire. Pretty soon, Trump’s lies are even going to become obvious to his supporters.
With all of the horrible things Biden is doing, with no support from the loony right, it’s simply amazing that the people have the money to keep on spending. Maybe it’s the low unemployment. Or the actual impact of spending money on improving infrastructure. Or perhaps all of those illegals are actual helping the country, like they have since the beginning of time? Perhaps spending billions building walls was not such a great economy builder. And I don’t know if you feel the same way as I do. But I take a lot of pride in seeing how well the immigrants being bussed up to our parts are being treated. What an amazing country we live in. Where our ingenuity and entrepreneurship provides enough opportunity for both current and new freedom seekers. When I see these immigrants housed in hotels, it blows my mind what a great country we live in.
Or you could take the populist position and be a selfish prick.
Roaring 20’s 2.o….imagine if the pandemic never happened. A recession is still coming…will be quick and allow for the economy to take off the rest of the decade.
“I’ll sit back and count all of the dollars I’m making off of the healthiest economy this country has witnessed since Clinton’s second term. And that’s with interest rates above 5%.”
So you can say it is due to Biden….but it is due to demographics. I called this long ago. Not bad for the village idiot. See what happens when you take contrarian takes….they call you an idiot. Now, ten years later, who is the idiot?
Please tell us sent the truth of Russia collusion and the effectiveness of covid mandates you’re so informed. And now drug smuggling is a personal responsibility issue. That’s a real valued principle of the left. Very credible.
You should know better, since you understand this well. You could teach them, but it won’t make a difference. They don’t have the patience, discipline, risk taking mindset, and ability to sacrifice to be successful.
Risk taking mindset-meaning ability to lose and then learn, and turn it into a win down the line. They will sell low, and buy high almost every single time.
Libturd says:
December 20, 2023 at 10:22 am
Finance.
The most valuable class you will ever take, but rarely taught.
Did you get your flu or covid shot this fall Joe?
Honest question?
All the sanctuary cities we’re telling the same story, until the buses showed up.
Pumps,
I used to run two investment clubs since the 90s. I am still the president of one. I have helped at least thirty people my age out tremendously. At no cost.
Heck, one guy is going through the ugliest divorce in the world. He’s not the brightest guy, but killed himself to provide for his family. His only real savings was the investment club, but he didn’t have any debt besides his mortgage. His investment club holdings saved his ass. He needed them to pay for his divorce lawyer. He’s still probably going to have extremely limited visitation rights, but that 10K he took out of his investment club earnings probably saved him a few 100K in lost assets his wife would have stolen had he not had the money for a good lawyer. He was a dumb guy, but he was crazy enough to secretly catch his wife cheating on him multiple times for multiple years. Maybe he’s not so stupid after all.
All the sanctuary cities we’re telling the same story, until the buses showed up.
Symbolism over substance. It’s akin to throwing a life preserver over the side to save a drowning victim but the rope is tied to nothing. But enough of that… let’s all go to Staples and buy some supplies to make our “Free Palestine” posters with the trickle down crumbs we’re earning from O’Bidenomics.
Lib: All true. My Father who was an immigrant always said that although illegal immigrants were breaking the law, they were just looking for an opportunity, a chance like he and my Mother also an immigrant were looking for. But, the reality and the hypocrisy on the left is that no matter how much they say they support the migrants when it comes to them living in their predominantly white neighborhoods, they don’t want them, or in their schools. They will make all kind of rationalizations/ excuses as to why they would be better off elsewhere. That is where the hypocrisy comes from on this issue by the left.
“All the sanctuary cities we’re telling the same story, until the buses showed up.”
And sure, they are not happy, especially considering how ill-prepared they were. But they are handling the influx and to this day, it his not been detrimental to more than a handful of people. But keep proliferating your hate and negativity. It’s always been easier to commiserate over the negative. It’s been the impetus of bar fights for centuries. Some of us are past that.
And quite frankly, I doubt Biden is personably responsible for much of what I attributed to him. But it’s fun to get a rise out of the suckers here. I doubt Biden can even tie his own shoes.
You are a good guy! Keep up the good work!
That’s sad how a divorce can f/k your life up. Wife cheats on him, and takes him down with her. What a pos. Be careful who you marry….better yet, do not get married.
Libturd says:
December 20, 2023 at 10:55 am
Pumps,
I used to run two investment clubs since the 90s. I am still the president of one. I have helped at least thirty people my age out tremendously. At no cost.
3b,
“They will make all kind of rationalizations/ excuses as to why they would be better off elsewhere. That is where the hypocrisy comes from on this issue by the left.”
Absolutely no argument here. Everyone has NIMBY issues. It’s why mandates can be important at times.
You all know I detest Pelosi as much as I detest Trump. How the fuck can you mandate no retail haircuts and then get caught a week later at a salon? And people thought Christie was bad for using the beach at the Governor’s shore retreat when public beaches were all closed to the public. Heck, he had every right to use the beach. But the masses are truly asses and you could never explain why. Much like trying to explain the importance of vaccines to fight pandemics. Had more people actually taken the vaccine, a lot more lives would have been saved. But LIBERTY!!! And don’t forget about my Social Security checks.
Chifi,
you are very vocal about antisemitism on college campuses but very quiet about Trump quoting Hitler. why is that?
Libturd says:
December 20, 2023 at 10:42 am
“What an amazing country we live in…you could take the populist position and be a selfish prick.”
As astute as you are as an investor, you’re equally as clueless in recognizing — or admitting — the Dem/leftist-led destruction that’s going on around us. Thinking that you’re insulated from the score-settling rampage as a result of being sufficiently progressive, and that you can safely sit back and count your money while the Dems and their constituents overturn statues and pursue Republican opponents in their kangaroo courts, is the epitome of head-in-the-sand cluelessness. It may be through a wealth tax, it may be getting mugged by an illegal alien that was released from a Venezuelan jail and sent through Joe’s open border, or it may be a homeless encampment on your main street, but eventually the score-settlers will get you.
“And now drug smuggling is a personal responsibility issue.”
“100k Americans died last year from fentanyl”
I really could give two shits about illegal drug smuggling. Of those 100K Americans who died from fentanyl poisoning, all 100K of them obtained those drugs on the black market. Which means, all 100K of them were intentionally trying to get high illegally. I have no issue with my kids drinking or smoking pot, though they are aware of the risks and do so responsibly. I told my olderson, he is never to take any pill from anyone anymore. If he does, he is risking death. No experimenting. If he wants to kill himself, come see me and I’ll make it happen. I suppose parenting is no longer a personal responsibility either?
I am not completely heartless. I feel bad for those who are in so much pain that drugs are their only way forward. When my dad was dying from massive cancer spread a little over a year ago, seeing his pain was heart-wrenching. But he chose to die sober and said to hell with painkillers because he wanted to be sane. The vast majority of Fentanyl deaths are to junkies. Unfortunately, it’s taking out experimenters too since it’s so cheap and powerful. Teach your kids not to touch pills. It’s really that simple. If they choose not to listen, then you didn’t parent well enough.
“Billie Eilish can’t run for president. She is under 35.
Arnold Schwarzenegger can’t run for president. He was born in Austria.
Donald Trump can’t run for president. He engaged in and supported an insurrection.
It’s in the Constitution, folks.”
Smalls,
Though I am not a fan of the use of politicizing of the courts. It was Trump who made the grandest snafu in his appointments to the SCOTUS. It’s one thing for a president to be impeached. Your team seems to have impeached Biden without evidence and before a trial has even taken place. Hypocrites. Both teams are guilty of eroding our courts and the stability of our nation. Our forefathers would have imprisoned nearly every senator and congressperson based on their behaviors today. The Constitution is no longer our guide but has become a document to abuse in the courts in such a way to create laws that our constitution was trying to protect us from.
I firmly believe both parties have come so far in putting party over country that it is accelerating the end of our run. It is no longer what is good for the people. It’s completely what is most likely to keep me in power. It’s truly a shame.
11:33 “the score settlers”??
Mobilize the gravy seals!!!!
VSG,
The Constitution don’t mean anything anymore. That’s for sure.
I was at a comped banquet in Reno. There were 15 of us at the table. Five couples were Boomers. There was a father and son from China a lesbian couple and me. The topic turned to politics and the Boomers were all sure Trump was going to be the next president. I asked how he was going to rule from jail and they said he’s not going to jail. I asked how he was going to get out of the snafu in Georgia and they said he didn’t do anything illegal. I said it’s clear as day he did when he asked their Secretary of State to reevaluate the results based on his conspiracy theories. And of course, there was the call requesting votes be “found.” Of course, they said he could pardon himself.
So I said, you have no issue electing a Person who is above the law. They said he is not above the law.
The gay couple were simply laughing and the Chinese son was trying his best to explain the Boomer position to his dad. His dad, a Chinese citizen then utters in his broken english, and you guys think my leaders lie?
It was really funny. I only wish I could have recorded it.
With that, I have a ton of shit to do in our manufacturing plant the rest of the day. Catch ya all tonight and go market go!
Boomers are living the best life. America’s economic prosperity is unprecedented: Stocks at all time highs. Rates coming down. Gasoline below $3. Unemployment sub-4%.
So, think about it. I said yesterday, for many of them it’s all about resisting racial integration. It’s no accident at all that Trump quoted Hitler and his supporters got even more excited.
Haven’t been in the political news flow for last 24 hours. Regardless, I literally do not pay attention to him. I guess it speaks volumes that no algorithm queues up any of his stuff. From afar the only thing I notice is that he has gotten even fatter and more jowly.
To be clear, he is absolutely worthless at this point. Once he left the Oval Office and was then kicked off Twitter his demeanor changed. He lost any semblance of contact with Terra Firma
At bottom, our Universities are supposed to be the intellectual leaders, the sober, the rational , the well considered, the mature, the adults. I hold them to a much higher standard, and this standard is what they invite.
What I see is entitlement, hypocrisy and naked thought control.
Very Stable Genius says:
December 20, 2023 at 11:24 am
Chifi,
you are very vocal about antisemitism on college campuses but very quiet about Trump quoting Hitler. why is that?
Listen to Trump. Listen to Biden.
Can you hear the Boomers sing, singing the song of angry men…
What I see is entitlement,
Ain’t nothing more entitled than a boomer.
They should make a drug that eliminates Mother in Laws. Or at least silences them.
Let it snow, let it snow, let it snow.
Switzerland considers legalizing COCAINE: Politicians declare ‘the war on drugs has failed’
Fortunately for me, my mother in law can’t speak English. And is eager to clean the house, do the dishes, etc. So our relationship is smoother than hers and my wife’s.
Phoenix, maybe you need to find some humble bride from Thailand or Vietnam or something, make sure she doesn’t have some boyfriend waiting to kill you for the insurance money, and don’t let her watch Oprah or other American daytime tv. That might turn your frown upside down.
A fun fact:
Native Americans had higher odds than whites, although blacks, Hispanics, and Asian Americans had lower odds of shoplifting than non-Hispanic whites. Being U.S.-born, never married, or in the youngest cohort (ages 18–29) also increased the risk for shoplifting. Shoplifting was significantly more common in individuals with at least some college education, among those with individual incomes over $35,000 and family incomes over $70,000, and among those living in the West, but less common among those with public insurance.
Very Stable Genius says:
December 20, 2023 at 12:32 pm
Boomers are living the best life. America’s economic prosperity is unprecedented: Stocks at all time highs. Rates coming down. Gasoline below $3. Unemployment sub-4%.
Plus cost of living increase to their Social Security.
They get to pay half as much in property tax than a working stiff in NJ.
Free lifetime passes to all National parks.
Discount at the gym, free Medicare including free STD treatments.
Get to drive blind as a bat, and are allowed to pin anyone they want to the front of a building when they forget the difference between forward and reverse.
All they can eat on the cruise, then free Ozempic from the goverment so they don’t even have to work at removing the blubber the hard way.
Pension so they can stay at home and feed Chex Mix to the 4th graders getting off the bus while they scream at them “Get off my lawn.”
Do it Switzerland.
I agree with Libturd on drugs. I didn’t feel particularly sorry for the brothers dying of crack back in the day, and I don’t feel particularly sorry for the white guys killing themselves with fentanyl or meth, or whatever it is that Tucker Carlson wants to blame on China and Mexicans.
Anyone with eyes and sense could see that taking those drugs was self-destructive and a ticket to the grave. It was in the news, it was happening around them. Just like I didn’t feel sorry for David Carradine after dying from hanging himself so he could enjoy whacking off more.
No One,
I have 3 cousins who died of fentanyl overdoses. TBH, we always expected an OD to happen at some point. But the reality was, none of them thought they were taking fentanyl. Each case the drugs were spiked with it. A reason to teach your kids that no drugs are worth getting involved in. My friend in the DEA said even the cartels in Mexico realize this is a problem because they are killing their customers. That’s actually why they made it look like skittles colors. They color coded the doses.
What Lib said is true.
He has a great investing club, and has helped many by teaching them what they need to know.
I wish my work schedule had allowed for me to continue in his club. But the thought of going to court to switch child custody days with Satan was too much for me.
Lib gives.
I respect that. It’s what makes a good human.
BRT,
If it weren’t for the availability of Narcan the number would be 10x higher or more.
Hard to measure. I spoke to emergency room people that had some people come in 3 or 4 times for overdoses in the same day.
Stu, I sent you an email. All good news in the clear etc.
Absolutely mind boggling that Libturd can cheer on the rise of stawk market in depreciating fiat currency while turning a blind eye to the totalitarian weaponization of the justice system towards Democrat aims, and censorship of any dissenting opinions throughout. What a greedy fool. I guess the apples dont fall far from the tree
And a blind eye to the genocidal ethnic cleansing in Gaza. “But my bank accounts getting HUUUUGE guys. Wow the moral rot is insane.
There is no ethnic cleansing going on in Gaza. It’s just run of the mill war. Have we forgotten who struck first? From the river to the sea is correct. It soon will all belong to the State of Israel that welcomes people of all religion and race. Hamas? Not so much. Go protest. See how the rest of the world has as much interest in rescuing the residents of Gaza as they did the Jews in World War Two. Maybe when the Gazan casualties get up to 6 million? Of course, it would take someone completely unrelated to the Middle East to attack an Arab country. Maybe we can convince Madagascar to attack Iran?
So blow it out your ass.
Just imagine if the Gazans were Mexicans and Israel was the United States. Nerdly would be advocating nukes be detonated over Mexico City. Am I wrong? What if your wife or daughter had her breast sliced off by a Mexican after she was raped for attending a music festival in the desert? I’m sure you would be advocating for a nuanced response. I know your type. Trust me.
Want to know how I know your type? I used to think just like you.
How about the 500K dead in the Ukraine. Not a peep. Right. They are not Jewish. I forgot.
oof, those are some nasty red candles.
BRT,
Run couldn’t go on forever. Pullbacks are good.
Interesting comment. Yeah, I remember that Giuliani et al enjoyed blaming black people for their crack epidemic.
Maga blames foreigners for whites pain killers epidemic
No One says:
December 20, 2023 at 1:28 pm
Do it Switzerland.
I agree with Libturd on drugs. I didn’t feel particularly sorry for the brothers dying of crack back in the day, and I don’t feel particularly sorry for the white guys killing themselves with fentanyl or meth, or whatever it is that Tucker Carlson wants to blame on China and Mexicans.
OUCH!
Jason Riley (FYI African-American) Op-Ed WSJ:
The truth is that Ms. Gay’s defenders don’t want to acknowledge that her administrative experience and scholarly credentials don’t begin to match those of other people in similar posts. The same can’t be said of Ms. Magill, who was dean of Stanford Law School, provost of the University of Virginia and a clerk for Justice Ruth Bader Ginsburg before being tapped to run Penn.
Ms. Gay wasn’t hired for her academic chops, and her problematic publishing record has become an additional embarrassment. Harvard has been forced to acknowledge multiple instances of “inadequate citation,” which is more commonly known as plagiarism. By some counts, close to half of Ms. Gay’s academic output contains instances of copying word-for-word from another source without using quotation marks.
Harvard’s dilemma illustrates a broader practical problem with racial-preference policies. Once you lower standards for hiring administrators or admitting students, you are forced to lower standards for evaluating their conduct and performance. For purposes of window dressing, people who have no business running elite institutions such as Harvard have been put in charge of people who have no business teaching or matriculating there. What could go wrong?
By Nick Corasaniti
Dec. 20, 2023, 2:33 p.m. ET
This week’s decision by the Colorado Supreme Court to disqualify former President Donald J. Trump from holding office again was the first victory for a sprawling legal effort that is still unfolding across the country.
At least 16 other states currently have pending legal challenges to Mr. Trump’s eligibility for office under the 14th Amendment, according to a database maintained by Lawfare, a nonpartisan site dedicated to national security issues. The lawsuits argue that he is barred because he engaged in an insurrection with his actions surrounding the Capitol riot on Jan. 6, 2021.
Four of these lawsuits —
in Michigan,
Oregon,
New Jersey and
Wisconsin —
have been filed in state courts.
Eleven lawsuits —
in Alaska,
Arizona,
Nevada,
New York,
New Mexico,
South Carolina,
Texas,
Vermont,
Virginia,
West Virginia and
Wyoming —
have been filed in federal district courts.
VSG,
Curious, what percentage of your yearly net income do you donate to assist low income folks and/or those who are at an economic disadvantage?
On the app formerly known as twitter these days the main ads I see are drugs. Cheech and Chong must be making a ton of money because they are promoting edibles or something like crazy. Between the smoked weed, the edibles, the miscellaneous other drugs, and of course alcohol, people are destroying their minds and distorting their consciousness. I think the fundamental reason is that society has forgotten that man’s mind is his primary tool of survival, and what differentiates him from beasts. Reason, effort, education are the keys to human advancement, flourishing, and wealth, and living a successful human life. And yet they are so eager to destroy it by drugs, while in the humanities, teachers are also often squashing these values. And in churches, temples, and mosques, demanding that people believe things that directly conflict with their senses and their reason. The cultural battle to promote reason against these foes are truly a life and death battle, but people have to value it first.
When Trump can’t run it should be fun to see what happens. Another TikTok like insurrection? Hehe.
Nothing like going to prison for 10 years just to get a selfie in the Capitol.
Even Gen Z isn’t that dumb. What did they think, you were going to break in there and the federal government was going to give you a hand job and walk you out?
F’n Eejits.
They should spend time finding a real talented candidate instead of the dolts they are putting up this year. But then again, what do you really need to win against a brain dead guy like Biden?
Teacher on You Tube, this is the headline:
Why I quit teaching after 26 years.
I’ll raise my hand and answer: Cause you qualified for the pension your younger cohorts aren’t getting, and you don’t need to work cause your husband will support you.
NJ requires a semester of financial literacy to graduate high school. I see my son’s work, it’s not high finance, but it covers basic savings, checking, interest rates, investing, taxes, etc. Other districts may be different, but Freehold Regional is pretty solid.
He’s a freshman and just started his first job. Daughter worked since this summer at 15, takes the class next semester.
Whether the kids use it or not, that’s up to them, and their parents.
My daughter just direct deposits her paycheck, spends her tips. Knew she was OK when I asked her how much she had saved, and she said she didn’t know exactly, it’s just in the bank for now, probably around 5K.
The boy is apparently trying to corner the market on unusual Nikes.
2:16 it’s literally in the Constitution .
Trump is getting closer to the Find Out phase.
His was a bridge too far.
Today we saved the NJ taxpayer a bit of money.
The D was receiving free services from the state to help him with his ADLs (activities of daily living). For example, he has trouble wiping his own ass or showering by himself due to his balance issues. Of course we put in rails and bought him grippy shoes, but we’ve seen the magic if ABA work miracles on other tasks such as tooth brushing and getting himself dressed, so why the heck wouldn’t we try.
Well since the D got sick, we have been paying for private therapy, occupational, physical and speech, since what they offer at schools is simply not enough to help much. On top of this, we try to focus the D’s activities around building skills which will one day help provide him independence. The state offered ABA services with his ADL was supposed to be the icing on the cake.
Well what we have found out is that there are three or four levels of bureaucrats getting paid (and most likely quite well) to ensure these services are provided. First, there’s the group that verifies the application to determine if your own medical insurance should cover it and if not, determines options based on incomes. Then once you qualify there, an evaluator comes to your home to evaluate the person that needs services. Then you will be visited by a sort-of case worker who finds you the vendor to provide the services and becomes your go-to for questions and issues. Additionally, there is the specialist who actually comes over and provides the services as well their supervisor who is supposed to come about once every four visits. Well after the six months it took for us to set these free services up with the state, even though none of it was income-based, obviously, our first vendor never showed up. Of course, the case worker always showed up. So we tried a second company. This guy actually showed up about half of the time he was supposed to. His supervisor once, when we begged her to come so we could help them setup the program to meet D’s needs. Then one more time for about ten minutes since she was an hour late. The therapist himself, was a really nice guy. But he didn’t talk much and most of his creative ABA skills were used to figure out how to do the minimal amount of work and still be able to bill the state for all of his time. He was constantly on the phone, both talking and touching glass.
Today, our caseworker came back and said, not only do we have to reapply for services every year, but there’s not much they can do with D’s bathrooming and shower skills since it’s a liability.
We ended the services and will pay out-of-pocket or use what BCBS will provide for professional therapists only, going forward.
I can only imagine how tens of thousands of dollars are wasted a year on this garbage.
I have to nudge my kid to dump all the tiny paychecks into Roth IRA (16 yo) by bribing with a matching deposit into the bank account. Not sure whether the lesson learnt will be the value of compounding or that there will be free lunch forever.
Client called asking to take care of a bunch of loose ends. Credit to the guy for always being glued to his phone, whether he’s in the office, or flying to St. Bart’s as he’s doing tonight.
Bergen Co Lieutenant prosecutor accuse for stealing fentanyl and other drugs from the prosecutors evidence room. Then apparently tried to rerun them, but not in their original form, but they had been tampered with, not in their original form. These drugs were all evidence for upcoming drug dealer trials. All of these cases will now apparently have to be dismissed as the evidence is tainted. All captured on camera.
Is anyone here familiar with this JFK satellite parking https://ibb.co/BBb5tnh
It’s called JFK Park AC. I am considering parking there for 20 days.. and the price is not shabby.
RentLord,
I’ve had horrible experiences at LGA and JFK with satellite parking. One car was almost completely destroyed by them and they refused to pay for it. It’s so bad, I tend to take NJ Transit to Penn and the LIRR to Airtrain in Jamaica instead of driving unless it’s a very short trip and the drive times are far from the morning or afternoon peak. Of course, with the congestion pricing coming up. I’ll probably try to stick to flying out of Newark or Westchester. Twenty days is an expensive park!
For what’s it worth. I used to have better luck at the Sutphen Blvd. lots past JFK rather than the ones located North or West of JFK. So many of them were truly fly-by-night operations. I would check the history and reviews of the place you linked.
Ubercopter from Wall Street heliport. Only way to travel.
https://thepointsguy.com/news/we-tried-ubers-helicopter-service-new-york-jfk/
Thanks Lib. I guess its not worth risking my 2023 honda odyssey. The train doesn’t sound reasonable since it will be 5 of us (we don’t know travel light!). I am gonna bite the bullet and take the $300 taxi
Pussy spring for the copter.
Juice,
I have a few friends that have used BLADE and loved it. I might take a trip into the city to try it next time I fly to Europe. Bus to Port Authority, cab to the west side and chopper to JFK would be quicker than having someone drive me.
I tend to get to airports very early so I could take the A train if I’m stuck.
When you have 5 travelers, it’s tough. You really need to find a friend with an Expedition or the like.
You know, you could have a few Uber with the bags and the rest go public transit. Now, that would be a fun argument to watch.
Fab – any bites or do we need to sign you up to drive uber?
re: “find a friend?”
Lol last time I drove or picked up any family, friend or otherwise at JFK was more than 20 years ago. NFW……..It’s a half day journey at a minimum.
The comparisons to hitler are laughable at this point. I feel sorry for anyone who reads this garbage and subjects themselves to this obvious brainwashing
Very Stable Genius says:
December 20, 2023 at 9:58 am
By Michael Gold
Reporting from Waterloo, Iowa
Dec. 19, 2023
Former President Donald J. Trump on Tuesday doubled down on his widely condemned comment that undocumented immigrants
Between the smoked weed, the edibles, the miscellaneous other drugs, and of course alcohol, people are destroying their minds and distorting their consciousness.
Society also did themselves a disservice with changing the definition of sober. Matthew Perry was supposedly sober while getting his regular injections of ketamine. My daughters health class covered drugs last week. They covered everything, coke, her0in, cigarettes, alcohol. What didn’t they mention at all? Weed. I told my coworker about it and his response was “that’s not really a drug anymore”…and this is from a guy who’s never done any drugs. There’s an expression out there “California Sober” meaning your clean, except for weed. Although now they are extending it to psychadelics. My sister smoked a little too much and then experimented with mushrooms since they opened a mushroom store in Oregon. She’s completely fried now and pretty much lost grip with reality. It’s sad.
I compare my ex wife to Hitler and Satan.
Too f’n bad if anyone wants to complain.
To serve and protect. Pony up, taxpayers.
Hehe
3b says:
December 20, 2023 at 5:56 pm
Bergen Co Lieutenant prosecutor accuse for stealing fentanyl and other drugs from the prosecutors evidence room. Then apparently tried to rerun them, but not in their original form, but they had been tampered with, not in their original form. These drugs were all evidence for upcoming drug dealer trials. All of these cases will now apparently have to be dismissed as the evidence is tainted. All captured on camera.
Juice,
I have an interview tomorrow that looks promising, Team is in the UK and need boots on the ground in the US to service a big client.
The market at the moment is brutal. I’ve had friends on the inside of a few firms reaching out for me. Anything that is there is either old or a H1B posting.
As for me, no Uber at this point. I’m not opposed to it, but don’t need it just yet. I am actually searching for commercial office space at the moment. I was trying to get my kid booked in for an SAT and noticed the lack of testing space in this area. So I think I’ll look into a small business loan and set up a testing site. Tie in some Kumon and HS tutoring and it might be a nice little business to tide me over. I can code while I proctor. It would also give me more time to post in here.
Fab – Good luck! Seems like some kind of trend we just hired one from the UK, a
governance bloke…I am thinking the EU is punishing them for leaving and all..
“My sister smoked a little too much”
As part of my degree I was sent to do a year working in Industry. They sent me to a job with another student and we were roommates. He was a heavy Hashish smoker, mushrooms and Ecstasy user. After a few months he had a really bad mental breakdown. He walked into the firms corporate medical center and told them he needed help. He was very paranoid, hearing voices and hallucinating. Fair play to the nurse, while she was used to dispensing Ibuprofen and Flu shots, she handled it well and got him treatment. For me it just reinforced that its all just not worth it,
Even now with all the legalization, I have no interest,
And Fab no jumping ship for me the kids here are eating up my stories about dot com 1.0. They are all great and well take lots of breaks aka days off. I am adjusted I will stop working around midnight….
Juice,
Thats funny, I’m actually doing a deep dive into the EU AI regs. I looking to do a comparison and gap analysis from the Biden Admins proposals. This is going to be a very interesting fight in that space.
Yes Fab it’s sexy, but elections in the EU mean it will drag on.
Need advice for the interviews? I already said it go hard, and mention you are patient. As in your best quality besides gift of the gab. It will separate you from the rest.
I hope you hear me Fab, you made it this far. Now close it be a force but wise, and use
the Dale Carnegie method. Thinker, Relator, Socializor or Thinker. Be sure to mirror them. You got this…
America now has a new export other than entertainment and weapons
Workers at a recycling plant in Thailand got a nasty shock when they opened up a shipment of cardboard from the US to find a pair of human legs inside.
Thai police are now liaising with US authorities amid fears the owner may have been murdered before being hidden in the container and crated across the Pacific.
Last one was director…
Juice,
Guess there is a fifth after director, it’s called Enforcer.
“Louisville Metro Government has agreed to pay $118,000 to settle a lawsuit over a former Louisville police officer who used police data-combing technology to help hack a local teacher and then sexually extort her, a settlement agreement obtained by The Courier Journal shows. The settlement comes after an unnamed woman sued ex-LMPD officer Bryan Wilson in June, along with two past Louisville Metro Police chiefs and his former supervisor. She accused Wilson of stealing private, sexually explicit images from her, extorting her to gain more images and harassing her to the point she contemplated suicide. Wilson is currently in federal prison in Ohio serving a 30-month sentence for his role in hacking and sexually extorting a number of women, as well as his participation in ‘Slushygate,’ the scandal in which LMPD officers in unmarked police cars targeted pedestrians with drinks while filming their exploits. Wilson, 37, pleaded guilty to those federal charges related to the violation of civil rights of Louisville pedestrians and cyberstalking last year.
The sales helped China overtake Japan this year as the world’s largest car exporter. German manufacturers like Mercedes-Benz and BMW used to be strong sellers in Russia, but they have pulled out in response to sanctions on the country by Europe, the United States and their allies.
What do you expect? Germans are like Americans, they can’t afford the cars produced in their own country- now even Europeans are buying Chinese cars.
You side with America, it will find a way to make you pay for it’s “protection,” just like the Mob used to. But not just protection, but now you can pay them top price for fuel since you effed over the Russians who were more your friends than the Americans were.
Threats from a bully:
The United States has strongly warned China against sending armaments to Russia, and has not yet uncovered evidence that it is doing so. But some civilian equipment that China is selling to Russia, like drones and trucks, also has military uses.
Legalized Loan Sharking. Your government not working hard for you.
The game has changed, but the players are the same.
“The more I dig into it, the more concerned I am,” said Tim Quinlan, a Wells Fargo economist who recently published a report that described pay-later loans as “phantom debt.”
Traditional measures of consumer credit indicate that U.S. household finances overall are relatively healthy. But, Mr. Quinlan said, “if those are missing the fastest-growing piece of the market, then those reassurances aren’t worth a darn.”
Estimates of the size of this market vary widely. Mr. Quinlan thinks that spending through pay-later options was about $46 billion this year. That is small when compared with the more than $3 trillion that Americans put on their credit cards last year.
But such loans — offered by companies like Klarna, Affirm, Afterpay and PayPal — have climbed fast at a moment when the finances of some Americans are showing early signs of strain.
Credit card borrowing is at a record high in dollar terms — though not as a share of income — and delinquencies, though low by historical standards, are rising. That stress is especially evident among younger adults.
re: “pay-later loans” You mean a Biden loan?
Looks like a Biden family loan, you do however have to file a lawsuit to get back some of the $600,000 loaned to James Biden to then pay back a loan to Joe Biden for $200,000. All perfectly above board.
“Credit card borrowing is at a record high in dollar terms — though not as a share of income — and delinquencies, though low by historical standards, are rising. That stress is especially evident among younger adults.”
That’s the “pain” that Powell was talking about. Was expected.
On my flight back from Poland last month my flight to Munich was cancelled due to a snowstorm. Lufthansa rebooked me on another airline via Warsaw but headed to JFK and not EWR. I too thought it would be a multi hour $300 cab ride but it was anything but. $130 Uber to JFK from Fort Lee, took 47 minutes at 7PM in the evening. I think $30 of that was for tools too.
Rent, your best bet is to ask a close friend to drive your Honda there and back.