• Krugminator2's Avatar
    Today, 03:58 PM
    Krugminator2 replied to a thread Stocks: Market Crash Looming in Economy & Markets
    I am all for owning bad predictions, but in all fairness to me, that short worked out well. I posted that November 30th. The tax bill passed in the evening Dec. 1st. See what the S&P did after that. But the bigger start to a pullback didn't materialize. That is true And even then 5% is not a crash or even a real pullback. That isn't exactly saying something very bearish. It isn't the doom and gloom in the rest of the thread.
    2860 replies | 368824 view(s)
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    Today, 08:07 AM
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    Yesterday, 10:14 PM
    Hardly (in relative terms) anything got passed under Obama when Republicans took the House and hardly anything is passing now even with both houses and the presidency. It was historic in ineffectiveness. https://www.washingtonpost.com/news/the-fix/wp/2014/04/10/president-obama-said-the-113th-congress-is-the-least-productive-ever-is-he-right/?utm_term=.061bd926aecb An ineffective Congress is an effective Congress. Right now you have beautiful dysfunction. The reason people want earmarks back is to get Congress to get more things to pass, which is the exact thing I don't want. For example, https://www.bloomberg.com/view/articles/2018-01-09/congress-needs-earmarks-even-if-they-re-overrated http://www.motherjones.com/politics/2017/09/congress-is-broken-bring-back-pork/ https://www.vox.com/2015/6/30/8864869/earmarks-pork-congress http://www.latimes.com/nation/la-oe-frost-earmark-spending-20150209-story.html
    9 replies | 447 view(s)
  • Krugminator2's Avatar
    Yesterday, 09:16 PM
    That is true but you are missing the point. Those bills get passed because earmarks are used as currency to buy votes on bills that are often unpopular.. While the cost of the earmarks is small, the cost of the bad bills that pass is large.
    9 replies | 447 view(s)
  • Krugminator2's Avatar
    Yesterday, 09:13 PM
    I am sure President Gary Johnson's carbon tax and Vice President Bill Weld's green energy subsidies would be working great- assuming you want to kill a thriving industry.
    3 replies | 166 view(s)
  • Krugminator2's Avatar
    Yesterday, 07:33 PM
    This is one area where I am not sure Ron has it right. You might need to explain it to everyone who has a sub-forum here. 953356379737284608 https://jones.house.gov/press-release/jones-slams-potential-return-pork-barrel-spending "“Nothing Will Fill the Swamp Faster Than Earmarks”
    9 replies | 447 view(s)
  • Krugminator2's Avatar
    Yesterday, 06:57 PM
    Hispanics don't vote Republican for the same reason blacks don't. They are by and large Communists. It is not partially the reason. It is THE reason. 81% percent of Hispanic immigrants want larger government vs 41% of the general population. http://www.pewresearch.org/fact-tank/2012/04/20/hispanics-favor-bigger-role-for-government/ The simple solution is allow immigration and make it almost impossible to be able to vote. People should have to purchase citizenship. That cleans up the problem people voting themselves free stuff.
    62 replies | 1209 view(s)
  • Krugminator2's Avatar
    Yesterday, 06:13 PM
    It is hard for me to imagine McConnell giving this a vote if he didn't have 60 votes but Dems vote reflexively against anything Republicans support. I cynically think Dems will magically get it to 60 votes. Either way, good on Rand for forcing 60 votes. Edit: And of course, it magically hit right at 60.
    5 replies | 880 view(s)
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    Yesterday, 04:35 PM
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  • Krugminator2's Avatar
    01-15-2018, 08:15 PM
    952929327930396672 From the CNN reporter who called socialism cool.
    22 replies | 372 view(s)
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    01-15-2018, 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 | 372 view(s)
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  • Krugminator2's Avatar
    01-15-2018, 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 | 372 view(s)
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    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 | 283 view(s)
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    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 | 220 view(s)
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    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.
    256 replies | 3845 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
    256 replies | 3845 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.
    256 replies | 3845 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 | 1445 view(s)
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    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 | 115 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 | 373 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 | 384 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 | 165 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 | 1897 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 | 1897 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 | 1897 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 | 1089 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?
    654 replies | 20227 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
    654 replies | 20227 view(s)
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