From the Star Ledger:
You won’t believe what N.J. is trying to tax now. Here’s the full list.
The list of taxes and fee changes in the proposed budget include:
Brand-new taxes: The state anticipates collecting $277 million by taxing go-cart racing, laser tag, bowling, interior design services, horse training, vehicle trade-ins, some comped meals, tickets, and hotel rooms, digital services and second-hand airplane sales. Murphy also wants to end a sales tax exemption and the $20,000 sales tax cap on boats.
Cigarettes, alcohol, and vapes: A tax hike of 30 cents, up from 10 cents, on vaping liquid would net the state $10 million. A 10% tax increase on alcoholic beverages would bring $18.5 million. The tax on a pack of cigarettes would climb 30 cents to $3.00, generating $41 million.
Luxury homes: Homes and other property with a pricetag between $1 million and $2 million would be assessed a 2% tax, up from 1%, and 3% percent tax on property that sells above $2 million. These increases are expected to generate $317 million in state revenue.
Internet gaming and sports betting: Casinos now pay a 13% tax on on revenues earned through sports betting and 15% on internet gaming proceeds. Murphy proposes raising both to 25%. The state expects to gain $402.4 million.
Taxes on marijuana license holders and “intoxicating” hemp products: License holders now pay $2.50 per ounce of cannabis under the Social Equity Excise Fee, but Murphy wants to raise it to $15 per ounce. A new $30 per ounce tax would also be levied on the sale of intoxicating hemp products. This would generate about $70 million.
Truck traffic: There’s a $2 truck traffic excise fee on warehouses, raising an estimated $20 million while also “mitigating the impact on new warehouse development.”
Guns and ammunition taxes and fees: Details were not released but the budget anticipates $8 million would be raised through a new excise tax on guns and ammunition, as well as higher firearm fees.
Drones: A new excise tax on unmanned aircrft systems, or drones would raise $5 million.
The proposed budget also eliminates some baby supply items from the 6.625% sales tax. They include cribs, strollers and nursing bottles.
First
According to that list, is there anything in the state of NJ that isn’t taxed? Is oxygen next? BMI ratio? Attractiveness? By name? IQ?
” Places with the highest incomes pay the most income taxes, send it to DC, and then it gets sent back out via the big welfare state.”
And your problem with Progressive Income Tax is what exactly?
Eddie,
Just keep in mind it is a privilege not accorded to many to live in such a highly taxed state. Probably a status symbol of sorts. Some people would kill to pay those types of taxes.
Chad,
For anyone just starting out, it’s virtually impossible to get traction in this state. Unless you have family backing, the number of younger folks able to buy a house and live comfortably is small. The democrats in this state love taxes!
Mary Meeker’s latest evaluation on the financial situation in the United States:
https://www.bondcapDOTcom/report/pdf/USA_Inc_Revisited.pdf
replace DOT w .
Hold my beer channeling captain cheapo.
You can buy a new Hyundai on Amazon. In my area you can get whatever trim you want in leather for about the same price as same level in cloth. You also will get $2,300 in Amazon credit. Looks like you may have to pay a higher interest rate, it was 5.88% for Tucson hybrid and I think the dealer had 3.99% but if you’re paying cash it doesn’t matter and if you’re putting 15k down on a Tucson Still coming out ahead over 5 years.
Also if you don’t want a Hyundai, when the salesman claims this is the best price he can do, just announce I can get a Hyundai and whatever Hyundai corresponds to the car you want on Amazon for less and get $2,300 in Amazon prime credit. Salesperson will go see the manager and magically another $500-1k will come off the price or get added to your trade in. I used that line over the weekend when we were buying a rav4 hybrid and got them to give us 1k on our trade in they offered $100 for that’s going right to the scrapyard.
Eddie,
Well thankfully they have you to give them Chex Mix.
White Trash Eddie says:
March 3, 2025 at 8:01 am
Chad,
For anyone just starting out, it’s virtually impossible to get traction in this state. Unless you have family backing, the number of younger folks able to buy a house and live comfortably is small.
Well thankfully they have you to give them Chex Mix.
They may be getting the no frills brands soon… unless bleeding heart liberals want to chip in. I doubt it though; unless it’s coming from someone else’s pockets, the dems wouldn’t spit to give a bird a drink.
Good article. Just reinforces that “Boomer, you did this.”
Nomad says:
March 3, 2025 at 8:18 am
Mary Meeker’s latest evaluation on the financial situation in the United States:
https://www.bondcapDOTcom/report/pdf/USA_Inc_Revisited.pdf
replace DOT w .
I doubt it though; unless it’s coming from someone else’s pockets, the dems wouldn’t spit to give a bird a drink.
You got a point. The dems had no problem taking my money and sending it to Ukraine, I got nothing for that except to watch an ungrateful Green T Shirt tell me I need to give him more.
Before you cry your widdle eyes out, it’s not me, but the authors of Nomad’s article that are the ones calling Medicare and Social Security “entitlements.”
Entitlement expenses amount to $16,000 $25,967 per household per year, and entitlement spending far outstrips
funding, by more than $1 trillion $1.8 trillion (or $9,000 $13,683 per household) in 2010 2023. More than 35%
Estimates ranging from 30% to 50% of the US population receives entitlement dollars or is on the government
payroll, up from ~20% in 1966. In addition, means-tested programs have grown considerably since we first
published USA Inc., as others have highlighted. Given the high correlation of rising entitlement income with declining
savings, do Americans feel less compelled to save if they depend on the government for their future savings? It is
interesting to note that in China the household savings rate is ~36% ~31%, per our estimates based on CEIC data,
in part due to a higher degree of self-reliance – and far fewer established pension plans. In the USA, the personal
savings rate (defined as savings as percent of disposable income) was 6% in 2010 5% in 2023 and only 4% from
2000 to 2008 – both of which compare poorly to the 1970s, when Americans saved, on average, 12%.
Millions of Americans have come to rely on Medicare and Medicaid – and spending has skyrocketed, to 21%
24% of USA Inc.’s total expenses (or $724B $1.46T) in F2010 F2023, up from 5% forty fifty years ago.
All that money you “sent” us didn’t make it here. Now send more.
How about you find a way to stop?
No.
HMB,
I will pass that on. Learn something new every day.
Fast Eddi
Does aldi have their own version of Chex mix?
My son won MOC for 1600 indoors.
https://milesplit.live/meets/651124/events/10/results/F/M
Boomer lady I work with bragging about her cop husband’s pension being 9k per month plus free healthcare bennies.
Yeah, boomer set themselves up well, plus kicking all of their debt to the new kids.
No morals at all. F’n turds.
But we ain’t a country of morals although most of the shitheads that reside here all go to some religious institutions claiming they love some type of God, yet they do all sorts of nasty shite to each other.
It’s all about money here folks, keep your eye on the ball. Espically if you “put the ring on it.”
He ran a tactical race if you can call a 4:09 event record tactical.
re: “Millions of Americans have come to rely on Medicare”
Peak Boomer..
Data from Sept 2024 there were 67,962,377 enrolled in Medicare.
Age 45-64 5,648,456
Age 65 – 69 17,660,004
Age 70 – 74 16,170,421
Age 75 – 79 12,442,528
Age 80 – 84 7,683,477
Age 85 – 89 4,199,279
Age 90 – 94 1,888,581
Age 94 + 719,906
Phoenix
We were looking at hybrids, either Honda CRV, Hyundai Tucson, or Toyota rav 4. We liked the rav4 the best on the test drive. It doesn’t have heated seats or all the bling the Hyundai had, and cost a few thousand more, but has better resale value. Old car was dying and not worth fixing and if tariffs get slapped on all cars are going up in price, even the ones made here.
Phoenix
If you login to Amazon and type Hyundai Tucson or Santa Fe it will give you prices and show where you can pick up the car. The dealer with the car might be 50-100 miles away (was 40 miles away for us) But to get leather interior for price of cloth and $2,300 in Amazon credit driving a few hours is worth it. There’s an option too to negotiate trade in but we don’t look into it. After test driving our top 3 choices Wife decided she wanted the rav 4 hybrid and that was end of searching.
RAV4 is nice, no heated seats though only the highest trim level has that.
Chicago,
Congratulations! Quite an achievement against a packed field!
Chicago
Congrats. A very fast field too.
Chicago says:
March 3, 2025 at 9:12 am
“My son won MOC for 1600 indoors.”
Congratulations; great accomplishment!
I suppose the kids that tied for 26th place have a decision to make: end their running career or ‘transition’ and dominate the gals in college.
Car Prices Are Poised for $12,000 Surge on Trump’s New Tariffs
https://www.msn.com/en-us/money/companies/car-prices-are-poised-for-12-000-surge-on-trump-s-new-tariffs/ar-AA1A8Z9N
Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent.
The cost to build a crossover utility vehicle will rise by at least $4,000, while the increase would be three times that for an electric vehicle examined in a new study from Anderson Economic Group, an automotive consultant in East Lansing, Michigan. And those costs would likely be passed on to consumers, the study found.
10;06 change the record Ghey boy
Can we pay for the new taxes in meme coins?
Grifter in chief announced adding crypto to US reserve. What a scam!
From a post elsewhere –
A US “crypto reserve” is really the final stage of the zero-sum game. Every person who comes later bails out those who came earlier, a “greater fool”. The US government is the ultimate “greater fool” possible
Grim
That’s why we bought a new car over the weekend. I thought the price would go up at least 3-4 k, maybe a lot more. The rav4 was assembled in the US but don’t know what percentage of parts came from Canada and Mexico.
We replaced a 2013 pathfinder that was on its 3rd transmission. 1st went at 29k miles. 2nd transmission went out in 2020 during Covid when cars were going for thousands over MSRP. We put in a rebuilt transmission for around 4k, but that started acting up a little a few weeks ago and it needed another $1,800 in repairs so it had to go.
Mexico will bend the knee..
“Aiming to appease President Trump, Mexico is hitting China with tariffs, handing cartel leaders over to the United States and using C.I.A. intelligence to hunt down others.”
Chi,
Congrats.
HMB, did you get the extended warranty? If not I may still have a contact at a Toyota dealership who can get you a very discounted one.
Also, watch this guy’s videos. Certified top Toyota mechanic. Not some loudmouth like Scotty. I mean, Scotty is alright, but this guy is miles ahead.
https://youtu.be/xZ7dPsE-2lw?t=342
Mexico has more balls than our regulators.
Now suing US gun manufacturers. Our gun cartel is bigger than their drug cartel though.
https://www.abajournal.com/web/article/mexico-alleges-in-supreme-court-case-that-u.s-gun-manufacturers-are-arming-violent-drug-cartels
Damn gringos!
HMB
Paid 1400 for 8yr/120k.
similar vehicle.
RL,
Yeah, I posted that the other day.
Pretty cool, eh?
Phoenix
We got the extended warranty. 7 year 100k miles. Got them to knock the price down and extend it from 75k to 100k miles.
The car is so quiet. We can’t hear it start. I have to look at the dashboard and see the ready light come on.
I never get extended warranty. There are often 3 separate sales when you buy a car. The trade in sale, the new car sale and a warranty sale. You lose some in each sale.
Rent Lord.
I lose nothing. 1400 is cheap. One repair and you break even.
My last car needed a small repair at 110k, warranty paid for it.
Years ago, when you could buy an alternator for 30 bucks, yeah. Not today with these extremely expensive cars.
Ten 419
Rentlord
We get the extended warranty. The electronics are so expensive one thing goes out and you save money.
We had a Honda odyssey with the dvd system and tv screens in the second row. It got replaced twice. Just one replacement was more than the warranty. And we had some mechanical issues too.
2012 My Civic is about to hit 300k, only thing that ever happened was leaky radiator. You wanna hear the crazy part, it’s still on the original clutch.
Had an Odyssey too.
Had that cylinder deactivation thing. Almost 30 mpg on long trips.
12k miles, fouled it’s first plug.
Bye bye. Traded that bitch in.
re: “I never get extended warranty.”
Prepare yourself for 1000 Robocalls…..
You won’t have that kind of luck with a new one. Thanks to dumb politicians that pass laws to force car companies to get more MPG’s, etc, the complication level on a car is much higher.
For instance, that 4 cylinder RAV4 has 8 fuel injectors. 4 high pressure to run direct injection for high mileage. Then 4 port injectors, just to run occasionally to clean the valves. A good design, but expensive. HMB, when the port injectors kick in, the car will run a bit rough, weird even. It’s normal.
Oh, and has 4 thermostatically controlled valves for coolant for each cylinder to balance the temperature. High level sophistication. Do NOT forget to change the coolant at the intervals in the manual.
BRT says:
March 3, 2025 at 10:59 am
2012 My Civic is about to hit 300k, only thing that ever happened was leaky radiator. You wanna hear the crazy part, it’s still on the original clutch.
Laser tag tax?
Bend the Knee.
“MEXICO CITY (AP) — Mexico President Claudia Sheinbaum said Monday that her administration is waiting to see if U.S. President Donald Trump makes good on his threat to impose 25% tariffs on Mexican imports.
Her Cabinet secretaries for security and trade among others have been in constant communication with their U.S. counterparts and she said there was still the possibility she and Trump would speak Monday.”
“Mexican Security forces have dismantled more than 100 synthetic drug labs in Sinaloa”
https://apnews.com/article/mexico-trump-sheinbaum-sinaloa-fentanyl-cartel-fe4cd6871d3a94b6c8f49bae6ac8e16c
Phoenix, I contemplated buying my neighbors Monte Carlo. At least I could fix it myself.
If you cannot afford to pay for your car’s repairs after the manufacturer’s warranty, maybe one should buy a cheaper car. At least that’s my philosophy.
Rentlord
What car doesn’t have a ton of electronics in it today? And so many cars have cvt transmissions which most likely can’t be fixed, only replaced.
Is it by design? My HVAC guy only installs barebones units with generic thermostats. He told me, the other brands like Lennox are moving towards designing their units to force you to use them for repairs and that’s where they gut you an obscene amount. He said, he just shows up, fixes everything real quick, and books it, charges you normal amount.
I know cars have been moving that way with tools/wrenches etc… But maybe they put these computers in there purposely to just break. Wouldn’t put it past them.
It’s worth noting, Porsche said they were going the opposite route, opting for digital/analog equipment wherever possible.
This shit is exhausting.
this is how NJ subsidizes southern GOP controlled states.
this is also to pay boomers communist universal healthcare
Fabius Maximus says:
March 3, 2025 at 7:04 am
” Places with the highest incomes pay the most income taxes, send it to DC, and then it gets sent back out via the big welfare state.”
where eggs at?
Maga providing relief to the economic suffering of working class patriots
grim says:
March 3, 2025 at 10:15 am
Car Prices Are Poised for $12,000 Surge on Trump’s New Tariffs
I have a question for you smart investor types. Say someone had 200,000€ to invest, and the currency exchange rate was around 1 Euro = 1.0489 US Dollars. In the current economic and political climate would it be better to invest this money in Germany, or exchange it for US Dollars and invest in it in the US.
Chad,
I recommend Interactive Brokers first and Schwab Global Account second.
You get to access global markets, pick a default currency and change to other currencies to fit your need.
Because you are a dual resident income tax handling might be the bigger question.
If you are using your German ID and tax info make sure that it does not mention anything at all about being a US citizen/resident or otherwise FATCA rules will apply as data exchange will occur with IRS and you have to report account and earnings in your USA taxes. Or vice versa you use your USA address and citizenship info and double check that it won’t affect your German taxes.
The U.S. Social Security Administration has never missed a benefit payment.
Now the continuity of monthly checks for millions of Americans could be at risk following changes under the Trump administration, former commissioner Martin O’Malley says.
aNy qUestionS ?
Options traders are bracing for a looming stock-market crash, the latest data from Cboe Global Markets show.
A dispatch from Cboe Global Markets’ Mandy Xu, shared with MarketWatch on Monday, revealed that demand for deep out-of-the-money call options tied to the Cboe Volatility Index
VIX
+9.48%
— otherwise known as the VIX, or Wall Street’s ”fear gauge” — surged last week.
aNy qUeStIons…?
BREAKING NEWS!
UPDATED MON, MAR 3 20251:44 PM EST
Dow drops nearly 400 points on first trading day of March, hurt by economic and tariff worries:
Live updates
Alex Harring
Yun Li
Trump’s latest tariff deadline comes in a context of Trump decision making on the economy that appears to be weighing down both the investing and consumer outlook in the United States.
“The economy appears to be gagging on the uncertainty created by the haphazard economic policymaking happening in DC,” Moody’s Analytics chief economist Mark Zandi said in a recent post. He listed a range of factors, including “tariff wars, DOGE cuts to jobs and government programs and agencies, and deportations [that] are sowing confusion, which puts a pall on investment, hiring and spending.”
Do you have any debt? In which currency is it denominated?
The vast majority of your ongoing expenses are in which currency?
You should match currencies for income and expenses first before you invest. Otherwise you are naturally unhedged. If you are, then you can use your investments to immunize yourself if RFK approves.
MrPowers…,
Thanks, I‘ll look into those accounts. I haven‘t heard of Interactive Brokers before. Our taxes are complicated and we do have a tax company do them for us. I‘ll ask him about the various tax implications. I‘m concerned now if Trump fully pulls support for Ukraine that Germany will be looking for additional tax revenue to re-build their very weak military. Trump apparently wants a public apology from Zelensky which I don‘t see happening.
re: “better to invest this money in Germany”
US tariffs will make quick work of the Euro.
European Union applies a 10% tariff on imported vehicles from the United States.
The United States applies a 2.5% tariff on passenger cars imported from the European Union. There is a 25% tariff on pickup trucks.
They also screw with our grains. There are variable import duties for certain grains.
They will bend the knee…
Chi,
No debt right now and the funds are in Euro. Most of our regular expenses are in Euro. We exchanged Euro to US Dollars in the past and that money is currently in CDs because we got some good rates on jumbo CDs.
Sach’s also has stated how ridiculous policies the prior 10 years from Europe/NATO have led to the conflict we have now. Do you agree with that?
Trump and his cronies look like the actual terrible people that they are in the light of day.
BRT – Jeffrey Sach’s says they need an “independent foreign policy”. It’s more like decades of reliance on the USA to set their foreign policy.
LAX says:
March 3, 2025 at 1:40 pm
“aNy qUestionS ?”
Yeah, do you have a job yet, or are you still freeloading off of your wife?
What car doesn’t have a ton of electronics in it today?
2-3 year old Toyota 4runner – 5th gen – it’s been a running joke how few changes that thing has seen. Now, I believe it’s just gone through redesign, so new probably isn’t an option anymore. That thing is hard-core old-school. I think it ran from like 2010-2022/3 with basically zero redesign. Probably entire junk yards full of spare parts for that thing.
RentL0rd says:
March 3, 2025 at 11:38 am
“If you cannot afford to pay for your car’s repairs…”
Spoken like a true leftist — like Guv Murphy: “If taxes are your issue, we’re probably not your state”. Dems to taxpayers: ‘if you don’t like high taxes, wasteful and corrupt gov spending, inconceivable gov debt, and runaway inflation — that’s your problem!’
Chips are everywhere in cars now. Remember the shortage just a few years ago?
Active Noise Cancellation, Seat Adjustment memory…Newer headlights use chips to control individual led lights..dimmer for oncoming cars etc.
2:37 Doing awesome thanks for asking.
Donald Trump ‘s recent appearance has yet again evoked speculation about his deteriorating health . The President could be seen limping in the recent video that was taken at an event at the Mar-a-lago. This comes after netizens spotted a peculiar detail during Trump’s meeting with the French President.
French President Emmanuel Macron recently visited the White House to meet with Donald Trump. People were quick to notice Trump’s “bruised” hand in the photos taken during the official meeting.
The pictures immediately raised alarm amongst the netizens as speculation on the matter started. A user took to X (formerly known as Twitter) to note that the marks on Donald Trump’s hand resemble an IV bruise.
I was just reading that over 200,000 federal workers have now been laid off or fired in the past six weeks. I do think there are too many federal employees, but to get rid of so many people so quickly is a bit much. I hope no critical services are effected. Some of those employees on probation were long term workers who took a promotion and were in a probation period for their new pay grade. Yikes!
Why TF does cheeto legitimize crypto?
I mean really why?
If the currency does not say “In God we trust” then it shouldn’t be currency.
Hope you guys listened to me about your 401ks.
Did you paid a little more for your Cheerios during Covid. Don’t look at any of your investments because that little extra that you paid in inflation is nothing compared to how much you just lost.
Are we great yet?
Chi, congrats on the kid. That shit can only be accomplished through super hard training. I know, I ran cross country in high school.
Also, again, I must thank you for the little tidbits of financial info that you share here. If there was anything that prompted me to sell off most of my holdings, it was your warning a couple weeks ago that we may be looking at Trump causing the market correction.
To be fair lib you were calling for this top selloff months ago. We’re we great then? It’s been long overdue. AI hype propelled the market sky high on fantasy.
The office is completely on your way due to Trump’s uncertainty about everything.
This sell off, I’m not sure what the hell that was.
Hope you guys listened to me about your 401ks.
I actually looked this morning, it’s up. I have a passive portfolio set to reinvest and it’s an all-time high. I had to expand the time line to make sure I wasn’t reading the performance incorrectly.
“What the hell that was?”
Stands to reason that if we are going to deglobalize, then investment money is going to do the same. Right now globally except the USA, economies are not doing well.
So if you are in Italy and you are managing money for your hereditary aristocratic family or for some mobster, you see local opportunities that are risky, but still relatively safer than the unknown unknown of deglobalization and the effects of the USA abandoning liberal democracy and pursuing some techno/theocratic authoritarian kleptocracy under King Krasnov The OrangeTurd and the High Council of Billionaires Tech Lords.
Money follows safety and opportunities. The USA is looking bad in both and the dark fog of the unknown has set in. Everything is relative, so everything being the same – there is a marked decrease in quality in post 1/20/25 USA vs 1/19/25 USA.
BREAKING NEWS!
UPDATED MON, MAR 3 2025
3:55 PM EST
Dow tumbles 800 points as sell-off intensifies following Trump’s confirmation of tariffs on Mexico and Canada:
Live updates
Alex Harring
Yun
is Trumps mkt crash good or bad for price of eggs?
Hahaha…remember your lie about selling disney stock?
Fast Eddie says:
March 3, 2025 at 3:46 pm
Hope you guys listened to me about your 401ks.
I actually looked this morning, it’s up. I have a passive portfolio set to reinvest and it’s an all-time high. I had to expand the time line to make sure I wasn’t reading the performance incorrectly.
stock mkt collapsing but your 401k up?
bro you regarded
My understanding is that Chad is a dual citizen. If this is true, then he files US taxes in some shape or form. One of the questions on the US tax return is about FACTA. There’s no way to avoid this without lying on one’s taxes. There’s no more showing up at a foreign bank with your EU passport as a dual citizen and opening an account. Unless, again, you are comfortable stating on your foreign return, that you do not have any foreign accounts.
My cousin passed last year at 36, I took the money I had in a vacation slush fund account and gave it to his window. I’m actually glad to be rid of the reporting requirements.
Eddie, the only thing at an all time high is your scale.
Eddie gets a boner every time he Cheeto does something stupid. That’s what was up.
Boomer Remover,
I am currently a US citizen and have German residency. I file both US taxes and German taxes. Yes, everything has to be reported. No way around it nowadays. I applied for German citizenship and should get it this summer according to the lady who is processing my application. Even once I have dual citizenship my tax situation will be the same, except I believe the inheritance tax situation when I die.
Sheinbaum did not fly to Mar A Lago to kiss the ring and offer up some tribute like large-scale extraction of lithium. We all know lame duck Trudeau wasn’t coming to town… Why hasn’t Canada found a new leader yet anyway, he resigned two months ago.
As Jeffrey Sachs who rightfully thinks that the Russia – Ukraine war is over, what’s happening to the US economy is good for no one. Everybody loses. The US, Americans, Europeans, Asians. Except, maybe Russia.
Chad – Better learn some Russian too, just incase they come back to town….Buy rubles….they are super cheap.. 11 cents per dollar.
BTW – A carton of eggs in Russia costs 78 cents..
I should probably hurry up and buy the lumber for when I have to redo my deck this spring. Also have to buy the soon to be 17 year old daughter a used car in the next few months, I imagine they will shoot up to.
Trump tax.
Here come the 25% tarries. Starting at midnight.
Remember, if you don’t buy there’s no tariff
Rentlord
Are you going to stop eating, driving, using utilities, medical supplies, and wearing clothes?
Juice,
This Ukrainian war is a worry as we aren’t all that far away. Not so concerned about a regular war as I am that some rouge officer decides to fire a nuke our way. Supposedly there are some missing Russian suitcase nukes missing from the breakup of the Soviet Union.
5:27 “No” but if the GDP falls as is expected (thanks Donnie) and car sales dry up, layoffs occur, stagflation kicks in and the economy takes a dump…..all under the watchful eye of the imbecile in Chief. We all suffer.
Very Stable Genius,
Remember the time you asked how to do an internet search?
hahahha.
LAX
Yes. We’re all going to have to suffer. The companies that make everything in the US or import from countries that aren’t hit with tariffs most likely will raise their prices cause they can.
Did I just hear Trump threaten the auto manufacturers to move their plants back to the US?
Lech Wałęsa bringing the heat to Donnie.
https://x.com/rshereme/status/1896628953600995407
The Oval Office atmosphere during your conversation reminded us of interrogations by the Security Services and Communist courts. Back then, prosecutors told us they held all the power while we had none. They stripped us of our freedoms for refusing to cooperate or express gratitude for our oppression. We are shocked that President Zelensky was treated in a similar manner. History shows that when the U.S. distanced itself from democratic values and its European allies, it ultimately endangered itself.
Well good thing Tesla will not be impacted by tariffs.
^^^Fanboy^^^
This just in:
The Trump administration plans to put the former leader of an anti-union advocacy group in charge of the Labor Department’s office that oversees financial disclosures by unions and “union-busting” consultants, HuffPost has learned.
Elisabeth Messenger, who served as the CEO of the Oklahoma-based Americans for Fair Treatment, or AFFT, is expected to be the new director of the federal government’s Office of Labor-Management Standards, according to two sources with knowledge of the situation.
Just saying we are beginning to approach peak stupid.
Dont try to predict the next move.
Chances are that there will be something to cause a face ripping off rally. Be careful.
Europe buys it’s oil and gas from Russia and Europe has embraced Zelensky with open arms. So… they’re funding Russia’s war machines and will… fund the Ukraine?
https://qr.ae/pYljrj
VAL BALTASAR
Chef at Zsichuan (2017–present)Feb 11
Mexican President Claudia Sheinbaum addresses Trump:
“So, you voted to build a wall.
Well, dear Americans, even if you don’t understand much about geography, since for you America is your country and not a continent, it is important for you to know, before the first brick is laid, that there are 7 billion people beyond that wall.
But since you don’t really know the term “people,” we will call them “consumers.” There are 7 billion consumers ready to replace their iPhones with Samsung or Huawei devices in less than 42 hours.
They can also replace Levi’s with Zara or Massimo Duti.
In less than six months, we can easily stop buying Ford or Chevrolet cars and replace them with Toyota, KIA, Mazda, Honda, Hyundai, Volvo, Subaru, Renault or BMW, which are technically better than the cars they produce. These 7 billion people can also stop subscribing to Direct TV, and we don’t want to do that, but we can stop watching Hollywood movies and start watching more Latin American or European productions that have better quality, message, cinematic techniques and content.
Although it may sound incredible, we can skip Disney and go to the Xcaret resort in Cancun, Mexico, Canada or Europe: there are other great destinations in South America, East America and Europe.
And even if you don’t believe it, even in Mexico there are better hamburgers than McDonald’s and they have better nutritional content.
Has anyone seen pyramids in the United States? In Egypt, Mexico, Peru, Guatemala, Sudan and other countries there are pyramids with incredible civilizations.
Find out where to find the wonders of the ancient and modern world. None of them in the US. Shame on Trump, he would have bought them and sold them!
We know that Adidas exists, not just Nike, and we can start wearing Mexican sneakers like Panam. We know more than you think.
We know, for example, that if these 7 billion consumers don’t buy their products, there will be unemployment and their economy will collapse (within the racist wall) to such an extent that they will beg us to tear down this ugly wall.
We didn’t want to, but….
You want a wall, you get a wall. Sincerely yours.”
Reality:? https://www.instagram.com/reel/DGtBMO2xHwj/?igsh=NTc4MTIwNjQ2YQ==
Trump brought COVID the last time.
and now he brings Measles.
If you haven’t had the shot, good luck. Even RFK said we need shots after a kid died – but assh0le won’t mandate them.
https://www.dailymail.co.uk/health/article-14455647/Second-major-US-airport-red-alert-measles-jfk.html
https://x.com/ksorbs/status/1896738375140602348
unusual_whales
@unusual_whales
BREAKING: Ontario, Canada to stop nickel shipments to the US, per Premier Ford.
Have you all had enough of the MAGA show yet?
Remember a few weeks ago when you all thought I was crazy? I suppose the whole world is suffering from TDS now and we should trust the c-students because?
Gary, look again at your passive portfolio. There is no possible way it’s up this year or since November, unless it’s shorting, which no passive portfolio does.
Chi, I’ll see your Fake AI, this one is awesome.
https://x.com/NatalkaKyiv/status/1896609795848954179
1/1/2025 to 2/28/2025:
Vanguard: Index funds and 2 ETFs —> +2%
I just looked again.
There is no index in the world that is up in the last three months. What are the ETFs? Gary, what I’m guessing is that they have not updated the data to include February.
Lib, IRA was still a green day today. Altria, Phillip Morris, BRK.B, lots of VYM & VYMI ETF held it up.
I suppose this means that when the tariffs kick in tomorrow, the eggs will be going up
https://www.canada.ca/en/department-finance/news/2025/02/list-of-products-from-the-united-states-subject-to-25-per-cent-tariffs-effective-february-4-2025.html
Tariff Item
Harmonized System (HS) Heading
Indicative Description
0105.11.22
Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls.
Weighing not more than 185 g: Fowls of the species Gallus domesticus
Broilers for domestic production: Over access commitment
0105.94.92
Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls.
Other: Fowls of the species Gallus domesticus
Other: Over access commitment
0105.99.12
Live poultry, that is to say, fowls of the species Gallus domesticus, ducks, geese, turkeys and guinea fowls.
Other: Other
Turkeys: Over access commitment
0207.11.91
Meat and edible offal, of the poultry of heading 01.05, fresh, chilled or frozen.
Of fowls of the species Gallus domesticus: Not cut in pieces, fresh or chilled
Other: Within access commitment
YTD -1.78% here. The commission I pay is worth it. I would have lost more if I managed it myself.
More concerned about where we go from here.
BRT 11:05, if Gary had just those indexes he would have lost a lot last year.
He either doesn’t know how to look at his portfolio or looking down at the small thing raise up.
Canada is willing to cut off its nose to spite its face? They have no other customers that can handle the tar sands crude, and nowhere else to ship electricity.