• Krugminator2's Avatar
    Yesterday, 08:15 PM
    952929327930396672 From the CNN reporter who called socialism cool.
    22 replies | 340 view(s)
  • Krugminator2's Avatar
    Yesterday, 01:51 PM
    It is relevant because today is MLK day. And for some reason the world shuts down to honor a guy who wanted to make America much less free than it is even now. It is news because a major network referring to socialism as cool is more repugnant than anything Donald Trump has said in the last year.
    22 replies | 340 view(s)
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    22 replies | 340 view(s)
  • Krugminator2's Avatar
    Yesterday, 12:04 PM
    952866331061293056 I hate both CNN and Martin Luther King. http://www.cnn.com/2018/01/12/us/mlk-relevance-today/index.html?sr=twCNN011518mlk-relevance-today0630AMVODtop The US needs to scrap un-American holidays like Labor Day and MLK Day.
    22 replies | 340 view(s)
  • Krugminator2's Avatar
    01-14-2018, 07:37 PM
    I have posted about this a number of times for a long time. I am glad to see this is being covered in the news. California is a failed mess. This should be brought constantly. I think I hit all the points that author did. She must be reading my highly astute Ron Paul Forums posts.
    7 replies | 230 view(s)
  • Krugminator2's Avatar
    01-12-2018, 11:39 PM
    Soldiers are already mercenaries. Why wouldn't you want someone who is subject to competitive bidding and a partial market test? You can look up the interview Stossel did with Erik Prince of Blackwater fame (who was a Ron Paul contributor). Seems like a good idea to me.
    15 replies | 210 view(s)
  • Krugminator2's Avatar
    01-12-2018, 08:01 PM
    If they can come to the US and find a job, then great. All for it. That said, your statistic doesn't help and could hurt whatever point you are trying to make to anyone mathematically literate. You aren't taking a random sample of people immigrating here. You are taking the brightest people who have to shown a lot of initiative overcoming numerous hurdles to immigrate here. They are often the children of people of means who go to schools here. Given the incomes you posted, people on the margin who enter the US from those countries right now earn less than the 59k number you cited. If you made it much easier to come here, then those income numbers would be much lower.
    226 replies | 3375 view(s)
  • Krugminator2's Avatar
    01-11-2018, 08:30 PM
    Mother Teresa was too busy grifting all of their money. https://www.washingtonpost.com/news/worldviews/wp/2015/02/25/why-to-many-critics-mother-teresa-is-still-no-saint/?utm_term=.354729e30917
    226 replies | 3375 view(s)
  • Krugminator2's Avatar
    01-11-2018, 08:16 PM
    In all fairness, every single country in Central America is a shit hole. It isn't a debatable statement.
    226 replies | 3375 view(s)
  • Krugminator2's Avatar
    01-09-2018, 04:45 PM
    I would estimate it is 2% monetary system and 98% on the general attitudes of saving and investing. Inflation is low. The savings rate is also low. People don't invest the way they should. People want stuff and think the government is here to bail them out. For the people blaming the monetary system, how do you account that the savings rate was much higher in the late 70's when inflation was out of control? Monetary policy has been far less inflationary the last 30 years than it was during the previous 30.
    36 replies | 1437 view(s)
  • Krugminator2's Avatar
    01-09-2018, 04:33 PM
    https://www.amazon.com/Flat-Earth-Conspiracy-Eric-Dubay/dp/1312627166 I just Googled the person in the title. Seems he believes the Earth is flat. Not sure he qualifies as a very stable genius.
    1 replies | 112 view(s)
  • Krugminator2's Avatar
    01-06-2018, 05:56 PM
    On a happier note, I was short the moon marijuana stocks and hugely underwater on my biggest positions. Then a guiding hand from above killed that rally. As far as I am concerned Jeff Sessions is a god amongst men. Sometimes the heavy hand of government needs to replace the invisible hand (at least to keep me solvent).
    102 replies | 334 view(s)
  • Krugminator2's Avatar
    01-05-2018, 09:15 PM
    It is common for all blue states. https://www.nytimes.com/2016/05/01/business/one-top-taxpayer-moved-and-new-jersey-shuddered.html
    19 replies | 382 view(s)
  • Krugminator2's Avatar
    01-03-2018, 05:30 PM
    You are right. Maternity leave, equal pay laws, sexual harassment laws, etc all discourage hiring women. Those laws contribute to that worthless pay gap stat leftists cite far more than sexism.
    9 replies | 154 view(s)
  • Krugminator2's Avatar
    01-02-2018, 09:28 PM
    The history of onion trading is actually very interesting. https://www.bloomberg.com/gadfly/articles/2017-10-08/back-to-the-onion-futures-india https://www.forbes.com/sites/timworstall/2015/10/17/india-should-have-an-onion-futures-market/#720a3bab3d76
    0 replies | 93 view(s)
  • Krugminator2's Avatar
    12-30-2017, 06:36 PM
    What does that have to do with evaluating him now? I posted the same stuff in June of 2015. For example He has a one year track record. His governing record looks nothing like his rhetoric from 15 years ago. No tariffs, no socialized medicine, no assault weapons ban and no wealth tax. Maybe he should be evaluated on his actions. I don't know. Why? It was a good bill. Whatever his reason, good on him. I don't see a need to psychoanalyze if the results are good.
    95 replies | 1889 view(s)
  • Krugminator2's Avatar
    12-29-2017, 11:18 PM
    Don't agree Trump is the same as Romney but even then Romney is preferable to the median Democrat. A Hugo Chavez and Castro sympathizer, who explicitly said the American Dream is more likely to be realized in Venezuela, won 23 states. The average Democrat wants America to be France. Schiff said he didn't have to do much to get this video. These delegates are the Democratic Party.
    95 replies | 1889 view(s)
  • Krugminator2's Avatar
    12-29-2017, 10:31 PM
    It is a brain-dead question. Secondly, that clip doesn't address policy at all. Would ANY Democrat have put Neil Gorsuch on Supreme Court? No. Therefore Trump is different and better than every single Democratic alternative. Trump repealed net neutrality, coal regulations, the health care mandate, lowered the corporate income tax, did that health association thing Rand was pushing, approved drugs at double the rate that were approved last year, and didn't get involved in Syria like Hillary would have. Overall, I give his first year an A- and that is without grade inflation. That is a real A-. The things that he is terrible on like the wall, tariffs, and infrastructure boondoggles are never going to happen. Nobody is saying he has principles. I am only looking at results It is hard to imagine Ron Paul having a more successful first year.
    95 replies | 1889 view(s)
  • Krugminator2's Avatar
    12-28-2017, 05:40 PM
    Looks like you have a great family. Really want to see things work out for you.
    47 replies | 1083 view(s)
  • Krugminator2's Avatar
    12-24-2017, 10:15 PM
    Yeah. That is the exact comparison I have in my mind. Why would you put internet bubble in quotes? It WAS a bubble. It did pop. Amazon WAS a bubble. Bitcoin IS a bubble. There is NEVER a reason to sit through 40% correction in anything let alone a 95% correction in Amazon. Ever. You think George Soros rides out 50-80% drops in anything?
    638 replies | 19674 view(s)
  • Krugminator2's Avatar
    12-24-2017, 07:29 PM
    It is hard to know if Bitcoin is a bubble. After all "Bitcoin enthusiasts" and "Analytics geeks" tell me Bitcoin is involved with revolutionary "s-curve adoption." Maybe we are living in a new paradigm. https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da
    638 replies | 19674 view(s)
  • Krugminator2's Avatar
    12-22-2017, 08:04 AM
    Bitcoin now down 40% from the highs five days ago.
    638 replies | 19674 view(s)
  • Krugminator2's Avatar
    12-21-2017, 10:20 PM
    Has zero to do with it. There have been tons of news pieces like countries banning or regulating and it didn't affect price. The market was insanely overbought. Overbought markets pullback. From the 17th. (Only posting this because occasionally I get it right.)
    18 replies | 955 view(s)
  • Krugminator2's Avatar
    12-21-2017, 12:03 AM
    1. Order spoofing is illegal. 2. It makes me nostalgic. I've noticed no one whines about high frequency trading anymore. Zerohedge is awfully silent. You want to know why? The free market took care of it. HFT profits have been reduced to nothing through competition. Competition has forced good behavior and been amazing for the average investor.
    638 replies | 19674 view(s)
  • Krugminator2's Avatar
    12-20-2017, 10:49 PM
    I doubt anyone would say corruption is fine. Losing money IS an investor's own responsibility. Not everyone is a winner. Insider trading is a non-crime (that is actually the exact phrase I use as well). Insider trading should be legal. I've never heard of the guy but he sounds like me.
    638 replies | 19674 view(s)
  • Krugminator2's Avatar
    12-20-2017, 10:38 PM
    936015898707623936 I hate the logic both Ron and Rand use on these deductions. I will never understand the aversion to a flat tax. Taxing carried interest at a privileged rate doesn't encourage investment at all like lowering the capital gains rate might. It violates equal protection. It should be unconstitutional. It is not good policy. It is the exact same thing as the Carrier deal earlier deal. It is preferential treatment to a politically connected industry.
    21 replies | 380 view(s)
  • Krugminator2's Avatar
    12-20-2017, 03:56 PM
    I am all for cutting taxes. That said, I do not understand at all why fund managers and equity managers get a large chunk of their income taxed at the capital gains rate. If you trade, you provide a service. Great. Nothing wrong with it. Speculators are heroes in book. But i don't get how that income is taxed at the capital gains rate. It should be treated the same way the income a barber makes. The easy way around this is to tax everything at the same rate.
    21 replies | 380 view(s)
  • Krugminator2's Avatar
    12-19-2017, 05:00 PM
    I got that wrong. I owned it when the price action said I was wrong when it traded sideways. I'll be wrong a lot more in the future too. Fortunately, being right isn't very important to making money. Price probably pulls back to around the 10 week average. That's what growth stocks do after a parabolic run. We'll see if it holds for Bitcoin.
    638 replies | 19674 view(s)
  • Krugminator2's Avatar
    12-18-2017, 04:40 PM
    They didn't really cut taxes in a meaningful way. Setting that aside, Kansas is not exactly Greece It is worth noting the following stats: Unemployment Rate. 3.6% National Unemployment rate: 4.1% Poverty Rate : 11.5% (10th lowest) National poverty rate: 14% Fiscal Health: 32nd It is always strange that Kansas is a hill leftists want to die on. My response to Kansas is New York, New Jersey, Massachusetts, Illinois, and California. Kansas ranks ahead of every one of those states in the three categories I listed. Game over. I win. If only blue states could fail like Kansas.
    14 replies | 283 view(s)
  • Krugminator2's Avatar
    12-17-2017, 07:14 PM
    A lot of people just puked their positions out. Price probably rebounds at least $800. But people have a good reason to start thinking about selling. All the people waiting for 20k fell just short and will start exiting. Price took out yesterdays lows after the third push up. Prices are super overextended from key moving averages. A lot is set up from this to at least be a down week and a trek down to 16k, If price closes strong today and has an up day tomorrow, I give up.
    638 replies | 19674 view(s)
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