Crnr2Crnr Posted December 3, 2022 Author Share Posted December 3, 2022 14 minutes ago, SayatodaU.P.eh? said: Everyone is an expert in a field they don’t actually work in. I see it nearly everyday. Not that people can’t be skilled in multiple areas but I’m a lot of times, I find these types of peoples skills fall way short of their mouths. That’s just me though. Plus, I trust very few people in this world so I’m biased. agree, see it quite often even around here with people handing out advice about vaccines and personal health care choices. personally I'd prefer to get some bad financial advice than some misguided medical advice. Quote Link to comment Share on other sites More sharing options...
SayatodaU.P.eh? Posted December 3, 2022 Share Posted December 3, 2022 6 minutes ago, Crnr2Crnr said: agree, see it quite often even around here with people handing out advice about vaccines and personal health care choices. personally I'd prefer to get some bad financial advice than some misguided medical advice. Maybe you don’t need to get advice from strangers on the internet? Or even take them seriously. 99% of it is all just opinion anyway. 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted December 3, 2022 Author Share Posted December 3, 2022 Just now, SayatodaU.P.eh? said: Maybe you don’t need to get advice from strangers on the internet? Or even take them seriously. 99% of it is all just opinion anyway. like certain 'news' networks? back to topic, the Federal Reserve needs to tread lightly for the short term imo as not to push the country into a recession and destroy the livelihood of the middle class. the rich will be fine as they've become much richer since 2009 and the poor will still get their government handouts. Wall Street has gotten enough free $ to play with and the amount of public and private debt needs to be addressed... by someone? on the political side, if I were DeSantis or anyone out there considering running in 24 I would begin a Ross Perot style campaign against debt, deficits and federal spending NOW and keep the pressure cooker on high until the election. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 3, 2022 Share Posted December 3, 2022 3 minutes ago, Crnr2Crnr said: like certain 'news' networks? back to topic, the Federal Reserve needs to tread lightly for the short term imo as not to push the country into a recession and destroy the livelihood of the middle class. the rich will be fine as they've become much richer since 2009 and the poor will still get their government handouts. Wall Street has gotten enough free $ to play with and the amount of public and private debt needs to be addressed... by someone? on the political side, if I were DeSantis or anyone out there considering running in 24 I would begin a Ross Perot style campaign against debt, deficits and federal spending NOW and keep the pressure cooker on high until the election. The fed needs to push the country into a recession imo , the alternative is far far worse. They need to significantly reduce the money supply immediately , rates need to match or outpace inflation for the short term and when things start to get bad and contract then they will have plenty of bullets in their gun to normalize and put the economy back on a semi solid foundation. Anything else is simply kicking the can. 1 Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted December 3, 2022 Author Share Posted December 3, 2022 1 minute ago, f7ben said: The fed needs to push the country into a recession imo , the alternative is far far worse. They need to significantly reduce the money supply immediately , rates need to match or outpace inflation for the short term and when things start to get bad and contract then they will have plenty of bullets in their gun to normalize and put the economy back on a semi solid foundation. Anything else is simply kicking the can. but you also know they kowtow to Wall Street... more than any POTUS or government body. Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 3, 2022 Share Posted December 3, 2022 2 minutes ago, Crnr2Crnr said: but you also know they kowtow to Wall Street... more than any POTUS or government body. Of course , and that is the entirety of why the central bank should not exist. They use our wealth to serve the donor class and nothing more. They don’t serve Wall Street. They own Wall Street 1 Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted December 3, 2022 Share Posted December 3, 2022 54 minutes ago, SayatodaU.P.eh? said: Weren’t you one of the idiots telling everyone how China was going to run us over, economically, any day now, not too long ago? No. Quite the opposite Quote Link to comment Share on other sites More sharing options...
SayatodaU.P.eh? Posted December 3, 2022 Share Posted December 3, 2022 18 minutes ago, Crnr2Crnr said: like certain 'news' networks? back to topic, the Federal Reserve needs to tread lightly for the short term imo as not to push the country into a recession and destroy the livelihood of the middle class. the rich will be fine as they've become much richer since 2009 and the poor will still get their government handouts. Wall Street has gotten enough free $ to play with and the amount of public and private debt needs to be addressed... by someone? on the political side, if I were DeSantis or anyone out there considering running in 24 I would begin a Ross Perot style campaign against debt, deficits and federal spending NOW and keep the pressure cooker on high until the election. Totally agree on the news network part. Not sure why it’s always an “I gotchu” dig in nearly every one of your posts. We agree on almost everything except I believe there will never be a third party in this country, even though I hate both current parties. Is what it is. It all needs to burn down and start over some how because the politicians are paid for by the rich which are constantly controlling how the rest of us live and how the world is run. So financials and politics will always be tied together. Until people find a way to stop it. Quote Link to comment Share on other sites More sharing options...
Mainecat Posted December 3, 2022 Share Posted December 3, 2022 19 hours ago, Crnr2Crnr said: https://www.cnbc.com/2022/12/02/jobs-report-november-2022.html Quote Link to comment Share on other sites More sharing options...
Gold Member EvilBird Posted December 3, 2022 Gold Member Share Posted December 3, 2022 Just now, Mainecat said: Quote Link to comment Share on other sites More sharing options...
snoughnut Posted December 3, 2022 Share Posted December 3, 2022 24 minutes ago, Crnr2Crnr said: like certain 'news' networks? back to topic, the Federal Reserve needs to tread lightly for the short term imo as not to push the country into a recession and destroy the livelihood of the middle class. the rich will be fine as they've become much richer since 2009 and the poor will still get their government handouts. Wall Street has gotten enough free $ to play with and the amount of public and private debt needs to be addressed... by someone? on the political side, if I were DeSantis or anyone out there considering running in 24 I would begin a Ross Perot style campaign against debt, deficits and federal spending NOW and keep the pressure cooker on high until the election. That "someone" isn't going to be anybody in the industry who makes money off of it. Alot of it starts with parents, they need to pound it into their kids heads the burden of debt. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted December 3, 2022 Author Share Posted December 3, 2022 1 minute ago, SayatodaU.P.eh? said: Totally agree on the news network part. Not sure why it’s always an “I gotchu” dig in nearly every one of your posts. We agree on almost everything except I believe there will never be a third party in this country, even though I hate both current parties. Is what it is. It all needs to burn down and start over some how because the politicians are paid for by the rich which are constantly controlling how the rest of us live and how the world is run. So financials and politics will always be tied together. Until people find a way to stop it. it's a character flaw... I wasn't suggesting third party, I was saying if I was going to run as a republican I'd push my party to focus on economic matters that have gone ignored by both sides and will clearly affect future generations. Ross Perot did a great job dumbing down the fiscal issues back in 1992 with his charts and graphs to explain to people (voters) that some fundamental changes needed to take place. It resonated with me... as a twenty year old back then and I still feel similarly today about the topic and matters. there is no free lunch and the free beer tomorrow sign never gets taken down. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted December 3, 2022 Author Share Posted December 3, 2022 8 minutes ago, Mainecat said: no, nor did Trump 2 minutes ago, snoughnut said: That "someone" isn't going to be anybody in the industry who makes money off of it. Alot of it starts with parents, they need to pound it into their kids heads the burden of debt. like politicians? Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted December 3, 2022 Author Share Posted December 3, 2022 these are topics democrats and republicans still choose not want to address in a coherent manner the common man can grasp... but someone needs to. his presentations were a little corny, but Ross was so right on so many things. back then the debt was only $4T dollars... now we're at $31T Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted December 3, 2022 Share Posted December 3, 2022 11 hours ago, Deephaven said: I love idiots that cite qualifications instead of actually just having and sharing the knowledge that would show they are qualified. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted December 3, 2022 Share Posted December 3, 2022 2 hours ago, Deephaven said: If you need to cite, then you failed. That defines ignorance. Cite? I'm licensed with a series 7, 66, SIE and AAMS certifications. The CE is constant in this business to maintain your licenses, and it is far from an exact science. I am not an economist, and I am not a salesman. Neither is anyone here from what I can see, so talk is cheap. I help people invest, pay for college, plan or live in retirement, etc.. I have fiduciary responsibility and authority to give others advice and sell an array of investment and insurance products. I am not in the prediction game, and I am not interested in going back and forth with a few who are more interested in insulting me or playing gotcha. Ben does it all the time, calls me a rake, that I rip off old ladies, etc.. sorry no bueno. There are many people out there who do their own thing, manage their own investments, thats fine. There are many out there who are pretty sharp with their investments, again, fine. Most are not, and thats where I come in. My biggest pet peeve are people who know a little but think they know a lot, when its not even close. Quote Link to comment Share on other sites More sharing options...
Guest Posted December 3, 2022 Share Posted December 3, 2022 10 "I"s in one post. Racingchick may have a challenger Quote Link to comment Share on other sites More sharing options...
f7ben Posted December 3, 2022 Share Posted December 3, 2022 5 minutes ago, HSR said: 10 "I"s in one post. Racingchick may have a challenger You knew it was coming Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted December 3, 2022 Share Posted December 3, 2022 5 minutes ago, HSR said: 10 "I"s in one post. Racingchick may have a challenger Hey he asked, he/him/his answered. That better for you Clara? Weird take and from the guy who always accuses others of following him around. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted December 3, 2022 Share Posted December 3, 2022 5 minutes ago, f7ben said: You knew it was coming Lick my balls mmmmk Quote Link to comment Share on other sites More sharing options...
Mainecat Posted December 3, 2022 Share Posted December 3, 2022 Quote Link to comment Share on other sites More sharing options...
Guest Posted December 3, 2022 Share Posted December 3, 2022 25 minutes ago, f7ben said: You knew it was coming Quote Link to comment Share on other sites More sharing options...
Deephaven Posted December 3, 2022 Share Posted December 3, 2022 Lol. Proves my point. Nice work DB Quote Link to comment Share on other sites More sharing options...
ActionfigureJoe Posted December 3, 2022 Share Posted December 3, 2022 The fucking place is the land of “I”s. Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted December 3, 2022 Share Posted December 3, 2022 23 minutes ago, Deephaven said: Lol. Proves my point. Nice work DB And what do you do for a living? Lets hear it. Quote Link to comment Share on other sites More sharing options...
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