• Krugminator2's Avatar
    Today, 06:18 PM
    So? What does have to do with government or producing good products?
    29 replies | 424 view(s)
  • Krugminator2's Avatar
    Today, 06:11 PM
    No. What corrupt relationship do the Koch's have? They get no special favors from government. Bill Gates became the wealthiest in the world without government. His distance from government is what lead the government to go after him in an antitrust case. What did government do for Sam Walton when he was building his business? What did the government do for Jeff Bezos? My life is much better off from the people I listed either because I use their products or in the case of the Koch's because they funded people like Murray Rothbard and FA Hayek.
    29 replies | 424 view(s)
  • Krugminator2's Avatar
    Today, 06:04 PM
    Let's take a look at at the top .1% Who is Bill Gates robbing? I am very happy with Windows 10 as I type this. The employees at Microsoft (as far as a I know) make outstanding livings. Who is Charles Koch robbing? Koch Industries makes great products and employs 70,000 people in the US at high paying jobs. They employ a number people at some of the best jobs in the small town I grew up in. Jeff Bezos is the wealthiest person in the world. I have purchased a dozen books or so in the last couple of weeks from Amazon many of which I will read on a Amazon Kindle. I just went to Wal-Mart today. I bought some delicious Snapple that my more expensive local grocer doesn't carry. The Walton family isn't stealing from me. I thank them.
    29 replies | 424 view(s)
  • Krugminator2's Avatar
    Today, 05:18 PM
    Nothing about that entire paragraph is correct. Wealth is a product of the mind. Wealth comes from people who develop ways to make products better, cheaper, and faster. People 10000 years ago worked hard physically but had primitive standards of living. Most of the population farmed 200 years ago and the country was very poor. Now very few people farm because of technological innovation. A relatively small minority of people have created almost all of the wealth that we enjoy today. Or to put it more bluntly, here is what Ludwig von Mises wrote to Ayn Rand "You have the courage to tell the masses what no politician told them: you are inferior and all the improvements in your conditions which you simply take for granted you owe to the effort of men who are better than you."
    29 replies | 424 view(s)
  • Krugminator2's Avatar
    Today, 03:42 PM
    What wealth is flowing away from the bottom? The bottom doesn't produce wealth. A better statement would be wealth flows from the middle to the bottom and to the politically connected top.
    29 replies | 424 view(s)
  • Krugminator2's Avatar
    Yesterday, 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 | 368878 view(s)
  • Krugminator2's Avatar
    Yesterday, 08:07 AM
    656 replies | 20458 view(s)
  • Krugminator2's Avatar
    01-16-2018, 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 | 495 view(s)
  • Krugminator2's Avatar
    01-16-2018, 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 | 495 view(s)
  • Krugminator2's Avatar
    01-16-2018, 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 | 205 view(s)
  • Krugminator2's Avatar
    01-16-2018, 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 | 495 view(s)
  • Krugminator2's Avatar
    01-16-2018, 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 | 1286 view(s)
  • Krugminator2's Avatar
    01-16-2018, 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 | 943 view(s)
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    01-16-2018, 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 | 391 view(s)
  • Krugminator2's Avatar
    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 | 391 view(s)
  • Krugminator2's Avatar
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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 | 391 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.
    29 replies | 424 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 | 224 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.
    257 replies | 3913 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
    257 replies | 3913 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.
    257 replies | 3913 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 | 1449 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 | 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 | 377 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 | 385 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 | 94 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 | 1902 view(s)
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