• Krugminator2's Avatar
    Yesterday, 05:11 PM
    God I hate these fucking people.
    8 replies | 97 view(s)
  • Krugminator2's Avatar
    Yesterday, 07:54 AM
    There is a pretty good case a recession is in the cards. The yield curve inverted last year. Earnings are probably going to top this quarter. But Ron keeps talking about inflation and the horrible economy. This is the lowest stretch of inflation of Ron's lifetime. This is the best economy of Ron's lifetime. He should just admit that and can still talk about long term policy problems, instead of talking about INFLATION.
    3 replies | 215 view(s)
  • Krugminator2's Avatar
    02-17-2020, 05:06 PM
    https://www.theatlantic.com/ideas/archive/2020/02/evidence-conservative-students-really-do-self-censor/606559/ Just a reminder, regressives are the real threat in the world today, not the handful of white supremacists who are a small enough group to all fit into one room. The most intolerant people on the planet have always been leftists. They don't believe in the marketplace of ideas. If you don't go along you are threat to the poor, minorities, the environment, people who just don't want to work, science, the whales, gays, transgender, gender neutral, the children, future children, and single women. And don't get them started on the patriarchy. They want to dismantle any semblance of family because Karl Marx said family furthered the patriarchy. And for those threats, they believe you need to be shunned and probably should just be killed if they are being honest.
    0 replies | 66 view(s)
  • Krugminator2's Avatar
    02-16-2020, 10:47 AM
    Umm... Actually I did. It was the only reason I even opened the thread and literally the only post I made in it was about that connection. I mean you responded to the post. I get that what you post is mostly a bunch of crazy insanity about Rothchilds and George Soros and something about banks and the new world order, but I did feel the need to correct the small point because you literally responded to the post where I mentioned Hayek and George Soros.
    26 replies | 2554 view(s)
  • Krugminator2's Avatar
    02-15-2020, 01:16 PM
    I like how you make that sound sinister saying he "admitted" it, as if Hayek was hiding some deep dark secret his whole life. He writes this in his books. Like a lot of people, he was a socialist early in life. Then he credits meeting Ludwig von Mises and convincing him of markets. Not really that sinister or conspiratorial. Actually being left wing in youth and knowing better later on is quite common. Though I will credit you with pointing out the Soros was influenced by Hayek. I have posted that before on these forums and was the first thing I thought of when I saw the poll. Soros didn't study Hayek too deeply and had a very superficial understanding of Hayek. But Soros believes economies are too complex to model and believes economics shouldn't be treated like a physical science. Nothing sinister there either.
    26 replies | 2554 view(s)
  • Krugminator2's Avatar
    02-15-2020, 01:07 PM
    A reminder, none of this counts on the phony hate crime numbers.
    37 replies | 875 view(s)
  • Krugminator2's Avatar
    02-14-2020, 10:59 AM
    Mayor Mike is the slight betting favorite to be nominee. https://electionbettingodds.com/ Leading Florida poll. https://thehill.com/homenews/campaign/483097-poll-bloomberg-overtakes-biden-in-florida
    36 replies | 864 view(s)
  • Krugminator2's Avatar
    02-14-2020, 08:20 AM
    Growth has picked up under Trump and has been slightly above Obama. Milton Friedman laid out the plucking model of recessions in the 60s that seems to be right. https://www.bloomberg.com/opinion/articles/2019-11-04/milton-friedman-s-plucking-theory-of-recessions-looks-right He said steep recessions lead to steep recoveries, like pulling on a guitar string to a very stretched point and then releasing. There wasn't a steep recovery under Obama. Some of that was probably the amount of debt homeowners had on their balance sheets. But Obama objectively made a ton of supply side errors. He kept a corporate income tax rate at the highest in the world. He increased regulation (i.e. hiked taxes) dramatically on the environment and business in a time that it made sense to deregulate. And the banking regulations Obama put into place ending up forcing monetary policy to be to tight at a time when it was impossible for the policy to be too loose. From one the most respected economists by people in the real world. https://www.forbes.com/sites/stevehanke/2017/05/31/how-bank-regulations-hinder-the-u-s-recovery/#3a106a0a2528 And if you think Hanke is some random economist to support my view here is his resume. He is Chairman Emeritus of the Friedberg Mercantile Group, Inc. in Toronto, a macro hedge fund that has blown it out of the water for decades. https://www.opalesque.com/47452/Friedberg_Global_Macro_Fund_returns_in452.html Inside the Johns Hopkins finance class that's 'guaranteed' to get you a job on Wall Streethttps://www.businessinsider.com/johns-hopkins-wall-street-guarantee-finance-course-2015-5 https://en.wikipedia.org/wiki/Steve_Hanke
    25 replies | 1229 view(s)
  • Krugminator2's Avatar
    02-13-2020, 08:27 PM
    That is a good short term solution to get Trump reelected. But the problem is the Democrats will conclude that nominating a "moderate" is the wrong thing to do after Hillary and Bloomberg and the are likely to stay hard left as a party.
    14 replies | 346 view(s)
  • Krugminator2's Avatar
    02-13-2020, 01:53 PM
    If Sanders gets nominated and loses big, the fever will break and the party will start to moderate. I think Sanders getting crushed in a general election will have the same effect on his followers as when Ron lost. I really hope he gets the nomination over Bloomberg so that this madness starts to go away. Remember when people were calling themselves libertarian? After Ron's campaign and Rand's dud campaign that kind of just went away. Now most of those people are back to just being outsiders looking for a cause. I think (hope) the same thing happens but to Bernie cultists.
    14 replies | 346 view(s)
  • Krugminator2's Avatar
    02-13-2020, 11:16 AM
    I think Bloomberg/Klobachar/Biden will get the nomination but I would like to see Bernie win. It makes Trump getting reelected far more likely and if he gets blown out it in the general election itwill cripple the hard left for a generation. It would be great to see him be like McGovern.
    36 replies | 864 view(s)
  • Krugminator2's Avatar
    02-12-2020, 04:10 PM
    Sort of. Ron did do better than Biden in Iowa and NH but never won a primary or caucus either. (Unless you count the Virgin Islands.)
    80 replies | 1506 view(s)
  • Krugminator2's Avatar
    02-12-2020, 12:06 PM
    I said I think Stone is guilty because a jury convicted him. But nine years???? You think that is even remotely reasonable? If I knew nothing about the people involved or the case, my intuition would be probation or less than a year of jail time. Nine years is so bonkers and draconian that I don't even know how meet someone halfway on this.
    73 replies | 1148 view(s)
  • Krugminator2's Avatar
    02-11-2020, 06:53 PM
    This case is a good litmus test to see who has objective views and who is Trump deranged. Stone getting seven years or nine years is beyond ridiculous. Rand Paul's neighbor originally got 30 days for something far worse. Not saying Stone didn't break some laws but this is minor stuff.
    73 replies | 1148 view(s)
  • Krugminator2's Avatar
    02-11-2020, 06:47 PM
    That judge us hardly a neutral party. She is a left wing activist Obama appointee. She doubled Paul Manafort's already insane sentence. I watched the American Greed on Paul Manafort. Instead of being disgusted at Manafort, I was disgusted at how the justice system is being used to punish people excessively for their politics. Manafort and Stone's sentences are major civil liberties violations. No right thinking person thinks tax evasion and the bank fraud associated with it deserves eight years. As far as Stone, this stuff seems like maybe a year if not just probation. Seven years is vile. It is amazing how people on the left will pay lip service for criminal justice reform- but only when it applies to their voters.
    73 replies | 1148 view(s)
  • Krugminator2's Avatar
    02-11-2020, 02:51 PM
    I read his book a few weeks back. He didn't buy anything. He got fired from his job at an investment bank and went out on his own. And had two major innovations. He provided reliable data on stock prices before the internet and online brokerages to people at home. And developed a platform to disseminate news on stocks that most people on Wall Street still use because it is the best and pay a fortune for it. A lot of people get rich from inheritance or cronyism. Donald Trump is a good example. Michael Bloomberg got no special favors.
    16 replies | 455 view(s)
  • Krugminator2's Avatar
    02-11-2020, 01:02 PM
    Who in the top 10 is a sleazeball? Looks like all 10 provide products or services that I use. https://www.forbes.com/forbes-400/#347b97c77e2f
    16 replies | 455 view(s)
  • Krugminator2's Avatar
    02-09-2020, 12:56 PM
    Favorite political movies are the Tom Clancy films; Hunt for Red October, Patriot Games, Clear and Present Danger, Favorite political television show/documentary: Free To Choose with Milton Friedman
    19 replies | 515 view(s)
  • Krugminator2's Avatar
    02-07-2020, 03:46 PM
    Actually Trump has boasted about his cheating. He did with Marla Maples. (edit I wrote this before Zippy pounced in that as well.) Trump steals from people. He makes stiffing people a business strategy where if they want to get paid they have to sue to recoup costs. Trump University was a boiler room crock if shit. Trump even compulsively cheats at golf. I won't even say what should happen to golf cheaters because he is an elected official. Trump is is the single biggest sleazeball ever to hold the presidency but Buttigieg being gay is the problem?
    125 replies | 2646 view(s)
  • Krugminator2's Avatar
    02-07-2020, 03:01 PM
    Saying Trump has flaws is an understatement. I will vote for Trump but Trump is a bad person. His whole life is one long lie. The list of Trump being awful is endless whether it is personal life, the way he conducts himself in business dealings, the compulsive lying, etc. Trump is would be an evil villain in an Ayn Rand novel. A large segment of Christians are immoral bigots.
    125 replies | 2646 view(s)
  • Krugminator2's Avatar
    02-06-2020, 06:29 PM
    Rush isn't some great thinker but it is important to realize what the media climate was pre-Rush. Rush pretty much single handedly got the first House Republican win in 40 years in 1994. That brought in a golden era of spending restraint and deregulation for six years. https://www.google.com/amp/s/www.latimes.com/archives/la-xpm-1994-12-11-mn-7794-story.html%3f_amp=true
    76 replies | 1460 view(s)
  • Krugminator2's Avatar
    02-06-2020, 10:33 AM
    Well. I only said cigars and you responded to me.
    76 replies | 1460 view(s)
  • Krugminator2's Avatar
    02-04-2020, 10:07 PM
    No one gets lung cancer from cigars. Maybe if you smoke 5 a day. Here is the largest study done from the Kaiser foundation. https://www.rstreet.org/2012/08/01/the-health-risks-of-cigar-smoking/ "Those smoking fewer than 5 cigars daily had no significantly increased risks for stroke, emphysema, oral/pharynx cancer or lung cancer." "Cigars, the data show, have few health effects when used in moderation. " Here is the actual FDA data not opinions. https://www.rstreet.org/2016/08/24/fda-study-cancer-risks-nearly-nil-for-1-2-cigars-per-day/ "However, the data indicates that consumption of up to two cigars per day, while not completely safe, is neither associated with significantly increased risks for death from all causes, nor smoking-related cancers."
    76 replies | 1460 view(s)
  • Krugminator2's Avatar
    02-04-2020, 01:01 PM
    Well I got this one wrong. Thought Biden doing poorly in the caucus would have a negative effect. I shorted the market last Wednesday. Covered some on Friday and cut the rest today on the spike up.
    31 replies | 1997 view(s)
  • Krugminator2's Avatar
    02-03-2020, 08:43 PM
    Big night for mayor Pete. Could pull this out because he is the second choice of more people than comrade. Biden is a dumpster fire. Sounds horrible on the stump. I truthfully have a hard time seeing any of these people beating Trump.
    241 replies | 5064 view(s)
  • Krugminator2's Avatar
    02-03-2020, 06:46 PM
    I find cigars to be one of life's great enjoyments. I am smoking one as. I type. I am not saying they are good for you but Rush is the first I have ever heard of getting lung cancer from them. Winston Churchill smoked 250,000 during his lifetime and lived to be like 90. Castro lived forever smoking cigars. I watched some thing on National Geographic with oldest living man and he smoked 10 a day. Michael Jordan smoke six a day a day. Hope the smoke Nazi's don't latch onto this.
    76 replies | 1460 view(s)
  • Krugminator2's Avatar
    02-02-2020, 06:48 PM
    That is just idiotic. This whole idea that Republicans and Democrats are the same is the single dumbest thing Ron Paul used to spout. Here is a sampler of what Sanders has believes: Sanders has said he doesn't believe in competition. Literally. Said he believes in cooperation not competition. Said he would nationalize drug companies, energy companies, banks, factories, and health care. (Probably missing some. Just going on memory.) Supported a 100% tax rate on people earning over a million dollars. Said Venezuela and Argentina ( 58% interest rates in Argentina as of today btw) were the new places to find the America Dream.
    47 replies | 1006 view(s)
  • Krugminator2's Avatar
    01-31-2020, 09:33 PM
    Bloomberg is fourth in national polls. And his whole strategy is predicated on missing the first few states. This is exactly the kind of situation where they should change the rules for him. Castro and Booker are not real candidates at this point. Bloomberg still is. Voters should be able to him debate.
    23 replies | 428 view(s)
  • Krugminator2's Avatar
    01-29-2020, 08:18 PM
    Not sure who he is cheating. By all accounts Tesla owners LOVE their cars. Some of the highest owner satisfaction I have seen. Even Thomas Massie drives one.
    106 replies | 3081 view(s)
  • Krugminator2's Avatar
    01-29-2020, 08:11 PM
    Tesla at $650 right now. I wonder how many people Zerohedge lead off a cliff with constant Elon Musk bashing. Probably a good short now that all of the Tesla naysayers are bankrupt.
    106 replies | 3081 view(s)
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