Joe Ferguson forever

when did mortgage rates double. last few years look historically ok to me https://themortgagereports.com/61853/30-year-mortgage-rates-chart#historical

for once, I fully agree with Ted Cruz https://www.wsj.com/livecoverage/stock-market-tariffs-trade-war-04-04-2025/card/ted-cruz-sees-risk-of-political-bloodbath-if-trump-s-trade-gambit-fails-0NlUK4uBrYg9KLEC3jtH

trump and his minions aint gonna fix this for you.

Who is responsible for the rise in the real estate market? pray tell. I'm surmising that you want the prices to decrease so you can move. Even if ruins the global economy. You think a market collapse alleviates the concern for an American economic meltdown? Nope. it increases the risk of a GLOBAL economic meltdown that will include the US. The economy is GLOBAL as much as you dummies want to pretend it isn't. how bout if very few have the money to buy? Demand shrinks and supply increase, prices drop. but the route there is awful. Blitz is probably OK with it. Perspective...

I'm only slightly less candid in real life. Politics aren't my thing. But thanks. Canada is a wonderful place. Respect.

Sad but true. I just wish they were honest. This isn't about freedom and covid and wokeism or transexuals. This is a class war. While I find the distribution wrong, I don't despise those with more. whether they admit it or not, most of them do. And what do they do in response? Elect a lying, crooked, cheating billionaire that wouldn't want any of them within 1000 yards of any of his golf courses while he continues grifting. Stupidity is destroying this nation. Is Canada taking new citizens?

Treasury Secretary Scott Bessent tells Tucker Carlson - The top 10% of Americans own 88% of equities, 88% of the stock market - The next 40% owns 12% of the stock market - The bottom 50% has debt -Summer of 2024 more Americans were using food banks than they ever have in history Blitz, are you a socialist? Do you think wiping wealth from the top will enrich you? Nope. It's just gone, at least for now. No winners. But it's just so ironic that MAGAs were calling liberals "socialists" and are now complaining about the distribution of wealth. you want that changed, you should have voted for Bernie like I did.

I'm going to my local edition of the nation protest march tomorrow. I'm told "respect the constitution" will get the magas driving by riled up. opinions?

the point is to make America appear greater by comparing it to poor countries and by dominating them. Sort of like comparing you or me or Frank to BillsfanNC...

uh huh. against China. An adversary. Not against Canada, the EU, Mexico and the rest of our allies. See the difference?

https://ycharts.com/indicators/10_year_treasury_rate April 2024 was the sweet spot for safe returns. and the rate went deep into the 3's under Biden. But many magas are arguing that a low T bill rate is great for the budget in that interest payments are decreased. So which do you personally prefer? high or low rates? no. The exit polling showed the majority of his voters don't care about the market. You are an outlier.

I wondered how long it would take real conservatives to become militant against these tariffs. turns out, not long. magas are not conservatives https://www.vox.com/scotus/407196/supreme-court-trump-tariffs-emily-ley-paper Similarly, the best legal argument against Trump’s tariffs is rooted in the Court’s major questions doctrine, which holds that judges should cast a skeptical eye on executive branch actions “of vast ‘economic and political significance’” According to the Budget Lab at Yale, the tariffs are expected to reduce the average American household’s real annual income by nearly $3,800. That seems like a matter of vast economic and political significance.

once prices go up (which will happen soon) and his base begin revolting, his ego may force a change. He thrives on popularity. we can hope anyway.

i would love to see the market gain all of the 10 trillion it lost and add another 10 trillion. but I have no faith in him, lutnick, besset and especially navarro. these are business people who are pretending to be global economic policy experts. they're not. even if the market recovers quickly by other countries capitulating, this was a radical, harmful plan with many serious long term consequences. any "crash" during the biden admin was spit in the ocean compared to this. btw, Jan and Feb job numbers were both revised downward. we'll see about march...

because the vast majority of his readers have little to lose monetarily. and because believing what this fool writes is stupid. reposting it even more stupid...

I watch white lotus. It’s like a car crash and I can identify some of the characters in real life. Haven’t seen the Piitt. We are watching the Good Karma Hospital which is entertaining but totally unrealistic. Best thing I’ve seen recently is “Flow” which is the Oscar winning animated film. No humans and no dialogue and yet amazing and thought provoking.

CNBC is getting very dark https://www.mediaite.com/news/cnbcs-jim-cramer-throws-around-c-word-as-trump-stock-crisis-deepens-says-slide-is-headed-for-crash/ Cramer told co-host Carl Quintanilla that “if you wanted to make the market crash, I think you would go with this game plan”: Faux news doesn’t want the few viewers with portfolios to see how bad the market is. Disgraceful for a so called balanced news company https://www.tvinsider.com/1184858/fox-news-criticized-after-stock-ticker-removed-trump-tariff/

Classically there is a protagonist in drama. It’s lacking one. Not my thing.

Catch a falling knife https://www.msn.com/en-us/money/markets/retail-traders-keep-buying-the-dip-and-they-keep-getting-burned/ar-AA1CiUY7

That show is devoid of likable characters. I think that’s where we’re headed. Vacationing with like minded friends is the best bet these days imo.

Do you believe that we have a president whose highest priority is himself. If so, then how can you believe the culture he's forging isn't based on universal self interest? Actually, that's a reasonable definition of pure capitalism. And no, not a 1% er. That's a different zip code.

The market was a mess in 2008. We did well. As I recall, the S and P was under 1000. Beach houses were 1/2 off. Lots of foreclosures. Lots of opportunities. .This isn't my first rodeo. So, no. I expect periodic drops. But not self inflicted crashes. but you criticized people with millions in their investment accounts that are more worried about their investments than the economy. They aren't the ones sabotaging the economy. Even with the tax cuts, they are the ones providing the lions share of tax revenue. The economy and the market can't be separated. your entire premise is false and ridiculous.

this place is filthy with socialists. it's every man for himself now. good luck.

the plan is to throw grass into the wind, watch it blow back, hit 2 clubs more, hope for a good bounce and pray against a shank.

So magas who voted to decrease inflation (and are getting royally screwed) were justified in their choice. But people who worked all their lives and saved aren't entitled to outrage. Sounds like a SOCIALIST attitude to me. Certainly not a true Republican view. Are you a SOCIALIST? how bout COMMUNIST? Certainly not a CAPiTALIST.