Search found 616 matches

by I Shrugged
Fri Nov 15, 2019 8:23 pm
Forum: Other Discussions
Topic: Budget Deficits
Replies: 17
Views: 277

Re: Budget Deficits

I like Trump because he's taking on the people that need to be taken on. And trying to help those who have suffered from the self dealing of the US elite ruling class. But I can't disagree with the points in this thread. Obama had a tough economy and Trump is on the other side of it. Nevertheless, t...
by I Shrugged
Fri Nov 15, 2019 8:14 pm
Forum: Stocks
Topic: OK, Boomer
Replies: 25
Views: 480

Re: OK, Boomer

I agree that it's not hard to construct scenarios where the PP doesn't hold up. But it affords more protection than many alternatives. I used to enjoy trying to invest actively. Then I realized that after taxes it really didn't beat passive investing. (I'm mostly taxable.) And the PP is the best pas...
by I Shrugged
Fri Nov 15, 2019 8:08 pm
Forum: Other Discussions
Topic: My money owns me
Replies: 21
Views: 4305

Re: My money owns me

I'm finally coming around to the realization that we can spend money without concern. Spending still rankles me sometimes. But mostly in terms of adding "stuff" into our life. We still try to avoid that.
by I Shrugged
Thu Nov 14, 2019 8:06 pm
Forum: Stocks
Topic: OK, Boomer
Replies: 25
Views: 480

Re: OK, Boomer

If you have a good bit of wealth, it's hard to think of putting it into t-bills and easing onto some kind of glide path. The PP is good for this. It's still safe, but it grows over time. Why not grow it? Eventually charities and future Shruggeds might benefit.
by I Shrugged
Sun Nov 10, 2019 7:22 pm
Forum: Other Discussions
Topic: Bill Gates Becomes Latest Billionaire To Grapple With Elizabeth Warren
Replies: 14
Views: 601

Re: Bill Gates Becomes Latest Billionaire To Grapple With Elizabeth Warren

The big assumption of taxing is that the government will spend the money to better ends than would the taxpayers. It's so accepted that it is never even questioned.
by I Shrugged
Fri Nov 08, 2019 7:19 pm
Forum: Other Discussions
Topic: Is Trump doing a good job?
Replies: 163
Views: 9945

Re: Is Trump doing a good job?

Vinny, I am sure HB thought that the debt mattered. I'm of the opinion that it will end badly. We saw a preview in 09. Supposedly protected creditors were forced by government fiat to step aside while favored groups got bailed out. Some day, sooner or later, the faith of creditors will evaporate bey...
by I Shrugged
Wed Nov 06, 2019 7:45 pm
Forum: Other Discussions
Topic: Is Trump doing a good job?
Replies: 163
Views: 9945

Re: Is Trump doing a good job?

I would say that the permanent change is the illumination of the media, the war party, the crooked intel agencies, and the rest of the swamp. Even if Trump loses next year, the things learned by the public will not be quickly unlearned. I think if you are not partaking in conservative media you are ...
by I Shrugged
Wed Nov 06, 2019 7:27 pm
Forum: Other Discussions
Topic: Is Trump doing a good job?
Replies: 163
Views: 9945

Re: Is Trump doing a good job?

The media viewpoint is "Orange Man Very Bad", and "Why can't the dumbass deplorables see it??? We'll just keep at it until they do". I never had any use for the guy. More like contempt. Until he shredded the Bush and Clinton dynasties. No matter what else he does, that alone deserves a Nobel Peace P...
by I Shrugged
Mon Nov 04, 2019 8:10 pm
Forum: Other Discussions
Topic: Agree or disagree?
Replies: 4
Views: 337

Re: Agree or disagree?

It’s not about material well being, I’ll go along with that. Beyond that it’s all about the desire to remake the culture versus the desire to maintain the culture. And below that, at the political level, it’s about power as always.
by I Shrugged
Sun Nov 03, 2019 8:19 pm
Forum: Other Discussions
Topic: My Democtratic candidate grades!
Replies: 33
Views: 1357

Re: My Democtratic candidate grades!

Apparently Technovelist and I are twins separated at birth. :)
by I Shrugged
Tue Oct 29, 2019 6:50 pm
Forum: Stocks
Topic: S&P 500
Replies: 18
Views: 1894

S&P 500

It has been brought to my attention that the 6 FANG+ stocks make up 19% of the index cap.
Yikes.
by I Shrugged
Mon Oct 28, 2019 7:25 pm
Forum: Other Discussions
Topic: Will Trump be Re-elected?
Replies: 748
Views: 88086

Re: Will Trump be Re-elected?

Another flip.
The Dems are the party of big business.
The GOP are the party of blue collar workers.