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Use Theirs First

babe

Well-Known Member
Margaret Thatcher is loved by many conservatives for a few pithy little quips, like "The Trouble with Socialism is that sooner or later you run outta other peoples' money."

Andrew Wilkow has a great line "Socialism is not for the Socialists", explaining in detail how socialists never do live like the great unwashed masses of governed peons.

In fact, "Socialism" works about like Timeshare property. If you buy one, you soon find out that you're too broke to use it. Nothing about the deal turns out to be true. The fees and maintenance go through the roof, and nothing ever works out in "trade deals" for a place where you actually want to go...

Of course, the fact that the very powerful few can live above their own laws is nothing new on planet Earth, but it still pains me to see earnest believers continually hawking the false dreams purveyed by the "intellectual elites" who sell the scheme to dupes, like JFC dreamers.

So here is the genius of John D. Rockefeller, who spent his life doing gas wars and buying out competitors who couldn't outlast the exercise. And then he would just shut down the acquired assets. The worst problem in the world was "too much" anything.l

And here is the doctrine that served so well..... "Use Theirs First".

If you want to be the last man standing in any monopoly operation, you don't want to be the one who runs outta stuff.

IN the news, this past week.... the Federal Reserve honchos met at Jackson Hole, WY. Nice place. A local outfit that used to be called "Fabian and Clendenin" did the legal work for the Rockefellers in securing the best ranch in the valley for John, and ran out the others to make the place a "National Park"..... Grand Teton....Practically, the "Park" is a permanently sealed back yard for the Rockefellers.

A lot of Honchos spoke their piece, and the course was set for another year.

I think they gave Trump the nod. The trade deals he does are sorta like the earlier deals except for being better for the US. We can just reschedule global parity downstream another decade.

The deciding factor was China's Xi. He's gotten too big for his britches, and needs to be cooled off a bit. Too much cheating, too much stealing..... too much assertive policy too soon. The brits aren't ready for the "Belt and Road". Russia and China have both stepped outta bounds.

Trump has always sought to be a player, he has always been willing to make the deals. He can be handled, while in office.

There will be no "Hillary" this election, no "Michelle". Look to 2024. There will be some upstarts with money trying to buy the election outright, but the real money is off the table.

Trump 2020. Buy stocks, folks. American Stocks.
 
It's a well known fact that there's a secret society of the five wealthiest people in the world, known as the Pentaverate, who run everything in the world, including the newspapers, and meet triannually at a secret country mansion in Colorado known as "The Meadows." This includes the Queen, the Vatican, the Gettys, the Rothschilds, and Colonel Sanders before he went **** up.
 
We own credits in Worldmark, previously Trendwest. It is a time share with multiple resorts. We love it. Wouldn't trade it for anything.
 
Margaret Thatcher is loved by many conservatives for a few pithy little quips, like "The Trouble with Socialism is that sooner or later you run outta other peoples' money."

Andrew Wilkow has a great line "Socialism is not for the Socialists", explaining in detail how socialists never do live like the great unwashed masses of governed peons.

In fact, "Socialism" works about like Timeshare property. If you buy one, you soon find out that you're too broke to use it. Nothing about the deal turns out to be true. The fees and maintenance go through the roof, and nothing ever works out in "trade deals" for a place where you actually want to go...

Of course, the fact that the very powerful few can live above their own laws is nothing new on planet Earth, but it still pains me to see earnest believers continually hawking the false dreams purveyed by the "intellectual elites" who sell the scheme to dupes, like JFC dreamers.

So here is the genius of John D. Rockefeller, who spent his life doing gas wars and buying out competitors who couldn't outlast the exercise. And then he would just shut down the acquired assets. The worst problem in the world was "too much" anything.l

And here is the doctrine that served so well..... "Use Theirs First".

If you want to be the last man standing in any monopoly operation, you don't want to be the one who runs outta stuff.

IN the news, this past week.... the Federal Reserve honchos met at Jackson Hole, WY. Nice place. A local outfit that used to be called "Fabian and Clendenin" did the legal work for the Rockefellers in securing the best ranch in the valley for John, and ran out the others to make the place a "National Park"..... Grand Teton....Practically, the "Park" is a permanently sealed back yard for the Rockefellers.

A lot of Honchos spoke their piece, and the course was set for another year.

I think they gave Trump the nod. The trade deals he does are sorta like the earlier deals except for being better for the US. We can just reschedule global parity downstream another decade.

The deciding factor was China's Xi. He's gotten too big for his britches, and needs to be cooled off a bit. Too much cheating, too much stealing..... too much assertive policy too soon. The brits aren't ready for the "Belt and Road". Russia and China have both stepped outta bounds.

Trump has always sought to be a player, he has always been willing to make the deals. He can be handled, while in office.

There will be no "Hillary" this election, no "Michelle". Look to 2024. There will be some upstarts with money trying to buy the election outright, but the real money is off the table.

Trump 2020. Buy stocks, folks. American Stocks.
That’s good advice, babe. I’ve been investing in stocks since I was a paperboy in junior high school and my favorite television show was Wall Street Week. As far as your political prognostications go, you have to admit you’re not exactly objective. 2020 will likely be another close election. My best guess, as of today, is that avowed capitalist Elizabeth Warren wins the Democratic nomination and goes on to edge Trump in the general election, saving the country from socialism for at least another four to eight years.
 
The best advice is to not worry or try too hard to time the market and, instead, invest for the long-term. Warren Buffett recommends most low information investors just put whatever they can save each year into a quality low-fee S&P Fund and the miracle of compounding will earn your way to a very nice nest egg.
 
Politics aside, buying when everyone says "OMG don't buy!" is the best time to buy.

10 to 12 months out you're probably safe-ish. Fourth quarter 2020 or first quarter 2021 at the latest the **** is gonna hit the fan - it'll be 2008-like - only much more complicated. And it's not just the inverted yield curve - the red flags are all over the place. World wide manufacturing slowdown, stock buyback slowdown, corporate debt is through the roof, 70% of the country (soon to be much more) with little to no purchasing power. And with politicization of The Fed the interest rate will have nowhere to go but up.
 
10 to 12 months out you're probably safe-ish. Fourth quarter 2020 or first quarter 2021 at the latest the **** is gonna hit the fan - it'll be 2008-like - only much more complicated. And it's not just the inverted yield curve - the red flags are all over the place. World wide manufacturing slowdown, stock buyback slowdown, corporate debt is through the roof, 70% of the country (soon to be much more) with little to no purchasing power. And with politicization of The Fed the interest rate will have nowhere to go but up.
Sounds like a good time to buy.
 
10 to 12 months out you're probably safe-ish. Fourth quarter 2020 or first quarter 2021 at the latest the **** is gonna hit the fan - it'll be 2008-like - only much more complicated. And it's not just the inverted yield curve - the red flags are all over the place. World wide manufacturing slowdown, stock buyback slowdown, corporate debt is through the roof, 70% of the country (soon to be much more) with little to no purchasing power. And with politicization of The Fed the interest rate will have nowhere to go but up.

I’m stockpiling cash and gonna buy my *** off after the **** hits the fan.
 
10 to 12 months out you're probably safe-ish. Fourth quarter 2020 or first quarter 2021 at the latest the **** is gonna hit the fan - it'll be 2008-like - only much more complicated. And it's not just the inverted yield curve - the red flags are all over the place. World wide manufacturing slowdown, stock buyback slowdown, corporate debt is through the roof, 70% of the country (soon to be much more) with little to no purchasing power. And with politicization of The Fed the interest rate will have nowhere to go but up.

Why do interest rates have to go up in your scenario?
 
There is a sort of trap that central bankers with the power to declare interest rates and print lots of money generally experience. "I don't want to hold cash.... I want to own stocks". Stocks will rise with inflation, folks. Silver and Gold are partly, at least, commodities. Maybe more so than monetary stores of value. Cost of production can drop.....still lots of gold in them thar hills.

I've thought the Fed might raise rates to help dump Trump.... but what do I know.

The news this weekend all went the other way.

I'm always impressed with the financial comments in JFC.
 
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