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Thread: Rants and Raves

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  1. #6864

    Politics. Really?

    Dudes who spend a bunch of time on p—-y forums and blogs moaning and groaning about politics and politicians. Weird.

    So much more to life. Like getting p—-y. Maybe that explains it though. My two cents.

  2. #6863

    Lies, Damn Lies, and Statistics.

    Quote Originally Posted by Bullett64  [View Original Post]
    For a broader perspective, and not just pushing isolated facts, please look at: https://graphics.reuters.com/world-c...ories/denmark/.

    Yes, cases in Denmark are at an all-time high. For Denmark they currently stand at 5,800 a day which puts the country near the very bottom of the infection rate. There have been fewer than 3,000 deaths in the entire country since the pandemic began, but you won't hear the COVID fear monger mention that either. Before you believe his bullshit, please do your own research to see what is really going on in the world. Don't just listen to me and for God's sake, never listen to him. Do your own research and do what is right for you, even if you can't bring yourself to do what is right for society.
    Yes, please do your own research, and as Bullett said, don't just listen to him. Please also use your own brain, as what Bullett posted above is ignorance on display at best (giving the benefit of the doubt of honesty), and outright disingenuous and misleading at worst (giving the benefit of the doubt of some modicum of intelligence). What was being discussed was the Covid case rate in relation to the vaccination rate, or the demonstrated ability of the vaccines to control the transmissibility of Covid. Of course if you look at Denmark, a tiny country with a tiny population, in terms of absolute numbers, they will rank near the bottom. Not to mention the other factors that Denmark has working in its favor as well (population density, etc.). But let's take a look at Denmark on a normalized scale per 100 k and compare it to some other countries:

    http://91-divoc.com/pages/covid-visu...tates%2CSweden#countries-normalized.

    Denmark vaccination rate 88%.

    Norway vaccination rate 72%.

    Sweden vaccination rate 71%.

    US vaccination rate 61%.

    India vaccination rate 38%.

    Denmark has by far the highest case rate per capita, currently nearly 3 x that of the US, and more than 10 x that of India, the horse paste using country that has, at least until now, seemingly squashed Covid (for the time being). So yes, please do your own research and do what is right for you, and don't let other sanctimonious, ill-informed, misguided, or self-serving individuals (for the record, I don't think Bullett is the latter, but I definitely think he's all of the former) convince you it's your societal duty to submit to the vaccines. There is little to no scientific data to show the vaccines are effective in any manner at stopping the spread of Covid, and a plethora of data available to demonstrate otherwise.

  3. #6862

    Booster Shots

    Anyone else notice that huge push to get the booster, millions got it and now here we are with another wave of the virus? Another variant? It's almost like they injected the variant into everyone so we can all enjoy another wave of it spreading to everyone. Hmm.

  4. #6861

    Biden and his lies

    Didn't that liar claim to "forgive," "excuse," or "reduce" student loan depth?

    That was the main reason millennials voted for him, besides the hatred for trump of course.

  5. #6860

    Old man Joe

    Quote Originally Posted by SgtLurker  [View Original Post]
    Ignore the huge increase in gas prices (yes, they are starting to come down a bit).

    Ignore the increased COVID deaths.

    I am waiting for some positives about Oldman Joe. What positive thing has he accomplished?

    As for my investment strategy? I can afford to be aggressive and expect big returns to draw out but it looks like not this year in December. He has this country in utter turmoil and Putin laughing his a $$ off at us.
    In all his time on the public dole he has nothing to show for it EXCEPT the millions he has made for himself.

  6. #6859

    What I noticed

    Ignore the huge increase in gas prices (yes, they are starting to come down a bit).

    Ignore the increased COVID deaths.

    I am waiting for some positives about Oldman Joe. What positive thing has he accomplished?

    As for my investment strategy? I can afford to be aggressive and expect big returns to draw out but it looks like not this year in December. He has this country in utter turmoil and Putin laughing his a $$ off at us.

    Quote Originally Posted by Bullett64  [View Original Post]
    Mine went down by 1.5% in November but also increased by 5% (4. 98% to be exact) in October. YTD I am at +13.9% which isn't anything to sneeze at and pretty much covers the Biden administration. A couple of thoughts: 1) Are only the bad things that happen be attributed to the current administration or do they get get credit for the positive ones as well? 2) Have you considered that your investment strategy may be a bit on the aggressive side? Maybe consider some down-market protection. 3) Or, like another prominent fear-monger here, are you only interested in those data points that support your preconceived notions, ignoring those that do not?

  7. #6858

    Same

    Quote Originally Posted by Gatka  [View Original Post]
    I honestly can't believe why 'all are still going at it with each other.
    LOL I can't either- this truly is the rants and raves section!

  8. #6857

    Redneck Stud

    Quote Originally Posted by RedneckStud  [View Original Post]
    Trump spent as much as Obama in half the time.
    O mama and Trump. Stop changing the subject.

  9. #6856
    Quote Originally Posted by AaronHamlet  [View Original Post]
    Monetary policy hasn't changed in 12 years. What is this lag you tell others to read up on?

    It did take years but Volker killed inflation by raising the Fed rate which led to the 15% mortgages. Latest CPI numbers came in highest in 30+ years when mort rates were only at 10%. PPI out today showed largest yoy increase in history. Imagine what 15% mortgage rate is going to do to this country.

    Inflation is global because all central banks in developed countries are keeping rates artificially low and monetizing debt. Biden's fiscal policy is making it worse and it's going to get worse. $2.5 trillion to Build Back Better? PPI highest on record? But Orangeman sent mean tweets
    Trump spent as much as Obama in half the time.

  10. #6855
    Quote Originally Posted by SgtLurker  [View Original Post]
    My IRA grew -5% in the past month (yes, negative 5%.
    Mine went down by 1.5% in November but also increased by 5% (4. 98% to be exact) in October. YTD I am at +13.9% which isn't anything to sneeze at and pretty much covers the Biden administration. A couple of thoughts: 1) Are only the bad things that happen be attributed to the current administration or do they get get credit for the positive ones as well? 2) Have you considered that your investment strategy may be a bit on the aggressive side? Maybe consider some down-market protection. 3) Or, like another prominent fear-monger here, are you only interested in those data points that support your preconceived notions, ignoring those that do not?

  11. #6854
    Quote Originally Posted by RedneckStud  [View Original Post]
    You're smoking something really good. Care to share? You need to read up on monetary policy and lag time.

    I was selling real estate in 1988 and remember mortgages going for abot 17%. No. , interest rates did not drop almost overnight.
    Monetary policy hasn't changed in 12 years. What is this lag you tell others to read up on?

    It did take years but Volker killed inflation by raising the Fed rate which led to the 15% mortgages. Latest CPI numbers came in highest in 30+ years when mort rates were only at 10%. PPI out today showed largest yoy increase in history. Imagine what 15% mortgage rate is going to do to this country.

    Inflation is global because all central banks in developed countries are keeping rates artificially low and monetizing debt. Biden's fiscal policy is making it worse and it's going to get worse. $2.5 trillion to Build Back Better? PPI highest on record? But Orangeman sent mean tweets

  12. #6853

    Read on why friend

    Quote Originally Posted by RedneckStud  [View Original Post]
    Ffs.
    We WERE oil independent before Mighty Joe took over.

    Quote Originally Posted by RedneckStud  [View Original Post]
    2. Are you retiring next week? Funny how you don't mention how your IRA grew over the past 10 months.
    I have been semi-retired for 4 years and now must start earning more $$.

    Quote Originally Posted by RedneckStud  [View Original Post]
    3. Inflation is a global problem. Please read up on the lag between monetary policy and inflation.
    Weren't you the one who said the growth in the market under President Trump showed no bearing on his leadership? I have also divested into more international funds which have shown great growth.

    Quote Originally Posted by RedneckStud  [View Original Post]
    4. Blame the stupid fucks for not getting vaccinated.
    Clot shot has nothing to do with it! It has a lot to do with stupid government overreach preaching a new form of discrimination and segregation! You have no less risk catching it from a person with the shots as you do those without the shots.

    Quote Originally Posted by RedneckStud  [View Original Post]
    Please feel free to continue.
    My many years of service does entitle me to the 1st Amendment of speaking my mind.

    Quote Originally Posted by SgtLurker  [View Original Post]
    Here are some accomplishments:

    1. Gas prices up over 30%.

    2. My IRA grew -5% in the past month (yes, negative 5%.

    3. I am getting a 5. 9% pay raise due to inflation instead of growth.

    4. More COVID deaths in 2021 than in 2020.

    Shall I continue?

  13. #6852
    Quote Originally Posted by SgtLurker  [View Original Post]
    Here are some accomplishments:

    1. Gas prices up over 30%.

    2. My IRA grew -5% in the past month (yes, negative 5%.

    3. I am getting a 5. 9% pay raise due to inflation instead of growth.

    4. More COVID deaths in 2021 than in 2020.

    Shall I continue?
    Ffs.

    1. https://www.reuters.com/business/ene...ty-2021-12-06/.

    2. Are you retiring next week? Funny how you don't mention how your IRA grew over the past 10 months.

    3. Inflation is a global problem. Please read up on the lag between monetary policy and inflation.

    4. Blame the stupid fucks for not getting vaccinated.

    Please feel free to continue.

  14. #6851

    I really didn't want to go down this hole, but.

    Quote Originally Posted by SgtLurker  [View Original Post]
    Here are some accomplishments:

    1. Gas prices up over 30%.

    2. My IRA grew -5% in the past month (yes, negative 5%.

    3. I am getting a 5. 9% pay raise due to inflation instead of growth.

    4. More COVID deaths in 2021 than in 2020.

    Shall I continue?
    I'm not a political person at all, I have no party.

    But let me offer just some harmless opinions.

    Gas prices are OPEC / supply and demand, not old Joe.

    Your IRA is a whole lot of factors in the market, many independent companies, in several countries sometimes and even your fund manager, not Joe.

    Your pay raise is an affair between your employer and you, in regards to your particular industry only, not Joe.

    COVID deaths are higher but analysts say this is caused mainly due to the politicization of the pandemic. Not Joe.

    Back when Donald was president I didn't blame everything on him and I don't blame everything on Joe either.

    That would be a cop out. Its easy to blame the current mandatary for everything.

    All leaders do good and bad things but they do not control everything.

    It is also very easy and dangerous to fall into cognitive bias when you're purposely trying to find info to support your preexisting beliefs.

    And before anyone snaps back at me please please please read the last statement carefully.

    "It is also very easy and dangerous to fall into cognitive bias when you're purposely trying to find info to support your preexisting beliefs."

  15. #6850

    Hurray for Might Joe

    Here are some accomplishments:

    1. Gas prices up over 30%.

    2. My IRA grew -5% in the past month (yes, negative 5%.

    3. I am getting a 5. 9% pay raise due to inflation instead of growth.

    4. More COVID deaths in 2021 than in 2020.

    Shall I continue?

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