• Krugminator2's Avatar
    Today, 09:56 PM
    What is most insane is the same people who thought protests over the government lockdown were horrific because of lack of social distancing think doing decades worth of economic destruction to innocent people is just swell.
    218 replies | 2629 view(s)
  • Krugminator2's Avatar
    Today, 09:49 PM
    You spoke too soon. Baboons out in Detroit. 1266570135235592192 1266573640839180288
    218 replies | 2629 view(s)
  • Krugminator2's Avatar
    Today, 09:43 PM
    Yeah. It does. It says I respect individual rights and you don't. It is never okay to loot private businesses. Ever. Never ever. They should be shot.
    33 replies | 471 view(s)
  • Krugminator2's Avatar
    Today, 06:38 PM
    Nothing says freedom like grossly violating the rights of completely innocent people by destroying their property and preventing them from working. Looters should get pelted with tear gas and rubber bullets. If those don't work. Just now them down until the message is received. If I were Governor I wouldn't tolerate this shit for even one night. You can have those Nike's but they will be soaked in blood.
    33 replies | 471 view(s)
  • Krugminator2's Avatar
    Today, 07:14 AM
    Shopify sold off from $844 down below $700. Back to $750 but price action seems like a change in character. Put/Call ratio starting to get like the beginning of the year. Sentiment starting to become less bearish. 1266007444582432768 Conditions set for stocks to stall out and perhaps rollover in late June/July
    140 replies | 10776 view(s)
  • Krugminator2's Avatar
    Yesterday, 08:03 PM
    Reagan had the National Guard shoot people looting with rubber bullets. 120 in the hospital and two in the morgue. Problem solved instantly. Got him two terms in left wing California.
    218 replies | 2629 view(s)
  • Krugminator2's Avatar
    Yesterday, 07:58 PM
    So the cop who murdered a guy isn't arrested but a guy who owns a pawn shop that likely doesn't carry adequate insurance to cover his inventory shoots someone stealing from him and is already booked? I really don't understand. So a store owner is supposed to just let people take stuff from his store? Who does he call for help? The police aren't doing anything. They are just letting people loot. A lot of these small businesses aren't major successes. He might have almost everything he owns in that store. And now the savages completely razed his store. I really feel bad for this guy assuming this is what happened.
    218 replies | 2629 view(s)
  • Krugminator2's Avatar
    Yesterday, 03:28 PM
    Actually he wouldn't be. I am on my phone so I am not going to dig up the quote but he was pro-rioting. Needless to say, MLK was highly overrated.
    218 replies | 2629 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:51 PM
    It makes absolutely zero sense to have a country make all of its own products. Zero. None. There is literally no argument for it. You can call it fascism or socialism. I don't care. They are two sides of the same coin. It is government controlling the means of production. And the result will be a dramatically lower standard of living. Prosperity and freedom are built on trade. Not to mention this is the complete opposite of a libertarian foreign policy. From Ayn 3:16
    55 replies | 630 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:47 PM
    I am not sure where I stand on the Fed purchasing junk bonds. Seems like a bad idea and soft bailout to junk bond holders but maybe not. From a quick Google search they just bought junk bond ETFs which is what you said. Your reasoning wouldn't factor into at all whether it made sense to buy junk bonds. If you are buying a portfolio of high yield bonds, some are going to default. That's why they yield more. This isn't an untenable risk as you said. Over time the Fed will make more by owning junk bonds than regular corporate bonds whether they do any due diligence or not. That said, I can't articulate whether it makes sense to buy them or not buy them as part of monetary policy. It would seem this would be very distortionary to markets though but maybe it is necessary for liquidity.
    173 replies | 22098 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:23 PM
    Using that logic what did we get with massive tariffs like being proposed in the original post? Oh yeah, the Great Depression and FDR.
    55 replies | 630 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:16 PM
    Yes. Comrade. More socialism is the answer. We need to have a Great Leap Forward where we abandon individualism, reason, and live as one community. From each according their ability to each according to their needs. The cutthroat competition of a capitalist system where consumers ruthlessly choose the products they want needs to be replaced with love and Jesus. Who needs 20 brands of deodorant when you have starving kids? Amirite?
    55 replies | 630 view(s)
  • Krugminator2's Avatar
    05-27-2020, 05:12 PM
    How about going back to the early 1900s with fewer tariffs than exist today and basically open immigration? Was the United States more or less free at that time? Since there was significantly more freedom, I win. No tariffs. Immigration for those who are self sufficient.
    55 replies | 630 view(s)
  • Krugminator2's Avatar
    05-27-2020, 11:49 AM
    Findings from black Harvard economist who is also in the Freakonomics videos on Netflix https://www.nytimes.com/2016/07/12/upshot/surprising-new-evidence-shows-bias-in-police-use-of-force-but-not-in-shootings.html
    33 replies | 471 view(s)
  • Krugminator2's Avatar
    05-26-2020, 08:39 PM
    It is hard to understand who wouldn't happily be for massive tax increases that hurt lowest income earners the most.
    55 replies | 630 view(s)
  • Krugminator2's Avatar
    05-26-2020, 05:15 PM
    Nobody is being dug up though. They are just proposing removing Swastikas. Seems pretty non-controversial. I don't see this as any more political theater than any of the zillion things Ron Paul proposed. Thomas Massie's big thing was being able to drink raw milk. This seems about as a libertarian and about as important. I support allowing people to drink raw milk and Swastikas out of military burial sites. Neither one is all that important but may as well move things in the right direction.
    40 replies | 768 view(s)
  • Krugminator2's Avatar
    05-26-2020, 03:49 PM
    First of all this isn't a pressing issue. But what are you talking about? They are just proposing removing gravestones with Swastikas from VA cemeteries. This isn't political correctness. This is just pure evil. I mean what would be the argument for allowing these in the first place? The Nazis lost and isn't like there was anything remotely noble or redeeming about their cause. This isn't a heritage issue. There is nothing to be proud of. The cause the Nazis fought for was universally evil. I would be stunned if even one person votes against this.
    40 replies | 768 view(s)
  • Krugminator2's Avatar
    05-26-2020, 02:23 PM
    Sorry. This isn't Stormfront.
    40 replies | 768 view(s)
  • Krugminator2's Avatar
    05-25-2020, 05:51 PM
    Some random charts for to zero to one people who might be interested. "Trading stocks was among the most common uses for the government stimulus checks in nearly every income bracket, according to software and data aggregation company Envestnet Yodlee." https://www.cnbc.com/2020/05/21/many-americans-used-part-of-their-coronavirus-stimulus-check-to-trade-stocks.html?__source=twitter%7Cmain Bored Day Traders Locked at Home Are Now Obsessed With Options https://www.bloomberg.com/news/articles/2020-05-22/options-are-now-all-the-rage-for-bored-day-traders-locked-inside?sref=vuYGislZ 1263783153258414086
    140 replies | 10776 view(s)
  • Krugminator2's Avatar
    05-25-2020, 05:26 PM
    Totally agree with Wasserman-Schultz. If a private cemetery wants to allow that garbage, that is fine. Absolutely should not be allowed in a cemetery with other US troops who fought against the Nazis. Not sure how this is remotely controversial.
    40 replies | 768 view(s)
  • Krugminator2's Avatar
    05-23-2020, 04:18 PM
    Yes. Scam. Forex is impossible. Anyone says otherwise belongs in jail. The reality is almost nothing works. Here a not so secret secret. The overwhelming majority of people who make money working for themselves trading do so shorting penny stocks. There are other strategies that work but if you just make the simplifying assumption that anything other than shorting parabolic moves in junk stocks is a scam that will save you years of grief.
    5 replies | 1145 view(s)
  • Krugminator2's Avatar
    05-22-2020, 05:12 PM
    "He's (Romney) going to put y'all back in chains.
    58 replies | 1964 view(s)
  • Krugminator2's Avatar
    05-21-2020, 05:26 PM
    Must be thinking of someone else.
    27 replies | 1565 view(s)
  • Krugminator2's Avatar
    05-21-2020, 04:46 PM
    This always happens with unemployment benefits. When you pay people not to work many people will chose not to work. There was a decent argument for this to flatten to curve for few weeks but the House wants to keep this through the end of the year. And the Twitter left will scream about how heartless and stupid anyone who wants to cut these off is. Leftists are the most economically illiterate people alive. Morons all of them.
    27 replies | 1565 view(s)
  • Krugminator2's Avatar
    05-19-2020, 04:24 PM
    There should be inflation in food prices because production slowed from the virus. This is a huge supply shock like the oil crisis in the 70s. More interesting, the country faced a threat larger than the Great Depression two months ago and the Fed launched a nuclear missile at the problem. I said the Fed was far too timid in 2008. This time the Fed basically said they would do whatever it takes to prevent a drop in incomes when the country opens up. I was very high on their action two months ago. People seem to have a lot of confidence in the Fed and as of right now the Fed looks like geniuses. Home demand has barely dropped. https://www.google.com/amp/s/amp.usatoday.com/amp/111702900 I truthfully can't believe this is going go smoothly but if they hold firm this Fed action might go down as the greatest policy achievement in US history. I will eat crow if they get this wrong. I wonder if Schiff, Ron, Jim Rogers, Zerohedge will do the same if this somehow turns out to be V shaped recovery.
    11 replies | 610 view(s)
  • Krugminator2's Avatar
    05-17-2020, 10:00 PM
    You did. 100% certain Completely different. Not at all the same actually. My definition of individual rights is the standard libertarian definition. You should be able to do whatever you want as long as you don't harm other people. What is amazing is you do support violating individual rights on a mass scale in order to promote your view of general welfare. Restricting a business from purchasing goods from China is a massive rights violation. You have a willing buyer and a willing seller you are all too happy to get between.
    366 replies | 10655 view(s)
  • Krugminator2's Avatar
    05-17-2020, 09:36 PM
    You said laws against sodomy were constitutional. They aren't. They are tyrannical. And yes you are a bigot. Nope. I don't. Never have. And you will find zero instances of me making such claims. The phrase general welfare is not something I believe in. I support protecting individual rights. This is completely tyrannical nonsense. No half measure I have ever supported as a lesser evil is 1/1 millionth as anti-liberty as this paragraph.
    366 replies | 10655 view(s)
  • Krugminator2's Avatar
    05-17-2020, 07:51 PM
    I support "unlimited" government in the context of protecting individual rights within a constitutional framework. What that means can't always be defined as in the examples I gave like the environment, pandemic, instances like banking or nuclear weapons where risks are unbounded so the courts will decide the nuances You support unlimited government in order to further your national socialist views. Whether that is limiting the speech of corporations like Twitter, Google and Facebook because they have different political views. Restricting immigration to push wages up. Tariffs to favor industries. Using government to persecute gays with sodomy laws.
    366 replies | 10655 view(s)
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