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Posted (edited)
5 minutes ago, The Frankish Reich said:

Her office personality may grate. But she seems aware that she isn't any kind of policy wonk and likely would enjoy all the pomp and circumstance with little policy input. That's her life.

No, not at all. I think you're missing the point.

Examples?
 

That you want to give Kamala Harris credit for awareness is something that is probably very unique to you. Run with it. 
 

you’ve always shown a bit of a misogynistic streak here. Are you saying that she would be fine with being a figurehead because she’s a woman?

Edited by JDHillFan
Posted

First, for @sherpa: it's often called a "classification of officers," but perhaps more accurately is a "classification of leadership potential."

 

The idea is actually fairly sound in any organization. The Quadrant 1 folks - clever and hardworking - are the ones who make policy/strategic decisions, but often are a too studied in their decision-making to serve in the highest ranks. The clever and lazy are what von Hammerstein thought were the best suited to high leadership. They use their "laziness" to come up with shortcuts to making sound decisions, relying, of course, on the clever/industrious below them. The dumb and lazy are, well, most employees. Give them basic tasks and count on them to not have any ambitions to be some kind of chief strategist. And the dumb and industrious? Well, they're dangerous because they have no idea of their own limitations and they do what the great John Wooden warned against: "Never confuse activity with achievement."

 

So where do I put our recent presidents:

 

- Trump: dumb and hyperactive. Not classically "industrious," but will never put his trust in someone long-term who actually knows what he's doing. We see that now with the ping-ponging between being swayed by Peter Navarro vs. Scott Bessent. If any advisor threatens his absolute power, he gets fired. Has to constantly be doing something when very often doing nothing is preferable.

- Biden: dumb and lazy. 

- Obama: clever and lazy. Tried to sell himself as a policy wonk; he wasn't really one of that group. 

- Bush 43: dumb and lazy. Dumb can mean getting swept away by some clever advisor (Cheney/Rumsfeld), so obviously the Biden/Kamala/Bush types aren't ideal.

- Clinton: clever and industrious. Yeah, that can get you in trouble, which is why von Hammerstein didn't find it ideal for the top.

- Bush 41: kinda dumb, kinda industrious. I find it hard to classify him.

 

I used to think Reagan fit in the dumb/lazy category. I've changed my mind over the years. I really think he was quite clever, but generally intellectually lazy. But ultimately very successful. It was, as Von Hammerstein would say if he were around today, a feature of Reagan, not a bug.

 

- Carter: smart and industrious, probably a victim of that overthinking things quadrant 2 guy who wasn't suited for top leadership.

- Ford: dumb and lazy, refreshing in retrospect, given who he was bracketed by

 

Nixon - largely before my time - is the prime example of the dangers of the smart/industrious type. Always scheming, always trying to outmaneuver someone, ultimately his downfall.

 

 

Have we had another dumb/hyperactive president? Not that I know of. That's why in modern America Trump stands alone. The Dunning-Krueger poster boy. The von Hammerstein "avoid at all costs" guy.

Posted
26 minutes ago, JDHillFan said:

Examples?
 

That you want to give Kamala Harris credit for awareness is something that is probably very unique to you. Run with it. 
 

you’ve always shown a bit of a misogynistic streak here. Are you saying that she would be fine with being a figurehead because she’s a woman?

I'm saying she's the continuation of Biden. Career politicians whose skill is in politicking, not in managing or policy. Remember when everyone was saying that Senator Kamala never introduced any meaningful bill? Lazy, not interested. At least young Biden was all to happy to slap his name on a bill for any hot-button issue at the time.

Posted
8 minutes ago, The Frankish Reich said:

I'm saying she's the continuation of Biden. Career politicians whose skill is in politicking, not in managing or policy. Remember when everyone was saying that Senator Kamala never introduced any meaningful bill? Lazy, not interested. At least young Biden was all to happy to slap his name on a bill for any hot-button issue at the time.

She should have gotten out of the way and let someone else pick her VP. Based on the reporting that you trust, she didn’t. Kamala being self aware is a uniquely Frankish opinion. 

Posted
1 hour ago, sherpa said:

 

And the demonstrated,  economic brilliance of Kamala Harris and whomever she chose, would have led us to financial nirvana.

No way to tell but the majority of voters didn't want to find out so it's irrelevant.

Posted
4 hours ago, Doc Brown said:

Do you mean Black Monday?  There's always concerns with market corrections and it's mostly pushed by people who want the stock market to drop so they can buy low.  Also, people who make their living selling gold or other metals benefit off of people's fears of the market tanking.  You obviously can't prove our 401k's would be higher if Trump didn't implement tariffs.  However, I do think his actions made a lot of people's pockets a lot lighter than it should be right now.

Maybe I think I meant Black Friday, the day after Thanksgiving where people get up early to get in line and buy all sorts of blue chippers at a discount!  It’s crazy! 
 

Yes, I meant Black Monday.  My bad there,  but beyond that, it’s possible you’re correct and I’m wrong.  I typically deal with what’s in front of me, and try not to worry too much beyond that.  I’m not always successful, but that’s the goal. 
 

Posted
18 minutes ago, leh-nerd skin-erd said:

Maybe I think I meant Black Friday, the day after Thanksgiving where people get up early to get in line and buy all sorts of blue chippers at a discount!  It’s crazy! 
 

Yes, I meant Black Monday.  My bad there,  but beyond that, it’s possible you’re correct and I’m wrong.  I typically deal with what’s in front of me, and try not to worry too much beyond that.  I’m not always successful, but that’s the goal. 
 

I knew you meant that.  Just thought it was funny because my feelings towards Black Friday aren't that fall off from Black Monday.    Historically, a Democratic presidency with a majority Republican House and Congress led to the most gains in the stock market.  The markets hate uncertainty and they know no major legislation will pass with a divided government.  My frustration with the tariffs is the lack of Congressional involvement where they're supposed to have power of the purse.  They know it's dumb policy but will be chastised  if they criticize him unless you're popular in your state because of your libertarian principles like Rand Paul.  I laugh seeing the rest twist themselves into pretzels trying to defend it. 

 

My main criticism of Biden was forgiving student loans before the Supreme Court called it executive overreach over Congress.  I don't see how the tariffs are any different.  You'd think people who criticized Biden would also criticize Trump if they were being intellectually consistent.  Of course that would mean the politicians who supported Biden's EO's on the left shouldn't be criticizing Trump right now.  That's politicians for you though.

  • Awesome! (+1) 1
Posted

Good week for the market finally. Another month, or so, of this, I’ll be hearing the bell like that kid in Polar Express.

Posted
24 minutes ago, US Egg said:

Good week for the market finally. Another month, or so, of this, I’ll be hearing the bell like that kid in Polar Express.

do you have info on what trump will do after the 90 day pause?  please share with us all...

Posted

The MAGA Bernie bro circle is complete.

 

Again.. With people like Trump, Vance, Hawley etc as loud voices in the Republican Party, they’re reshaping it as a Fiscally Populist / Socially Conservative movement.

 

And while I don’t necessarily love this approach from Trump here.. if they can keep most old school Republicans in the fold by having Rubio, DeSantis types to offer them.. this becomes incredibly difficult for Democrats to contend with as America is increasingly hawkish on immigration, socially moderate/lean conservative and economically populist. 
 

 

Posted
2 minutes ago, Joe Ferguson forever said:

do you have info on what trump will do after the 90 day pause?  please share with us all...

My advice? I’m pessimistic, but hopefully things continue to go merrily until at least until then. Then on day 87-88 if the bell tolls, yank out all the cash you can without penalty and move it to like a high yield savings account, but they max out. Did one a few years back at about 4%, wife kept wanting to dip into it last year and move some back into the market, we didn’t, whew! The debate to open another is on going.

 

She’s trust Trump emphatically. At this point in my life, I’m not too concerned what he does beyond ***** with my money, I worked to hard to take a chance on what he’s doing now. Like I referenced, maybe that’ll change.

Posted
33 minutes ago, US Egg said:

My advice? I’m pessimistic, but hopefully things continue to go merrily until at least until then. Then on day 87-88 if the bell tolls, yank out all the cash you can without penalty and move it to like a high yield savings account, but they max out. Did one a few years back at about 4%, wife kept wanting to dip into it last year and move some back into the market, we didn’t, whew! The debate to open another is on going.

 

She’s trust Trump emphatically. At this point in my life, I’m not too concerned what he does beyond ***** with my money, I worked to hard to take a chance on what he’s doing now. Like I referenced, maybe that’ll change.

not a ringing trump endorsement the.  I'll sit tight.  But there will be many grifters who will do swimmingly.

47 minutes ago, SCBills said:

The MAGA Bernie bro circle is complete.

 

Again.. With people like Trump, Vance, Hawley etc as loud voices in the Republican Party, they’re reshaping it as a Fiscally Populist / Socially Conservative movement.

 

And while I don’t necessarily love this approach from Trump here.. if they can keep most old school Republicans in the fold by having Rubio, DeSantis types to offer them.. this becomes incredibly difficult for Democrats to contend with as America is increasingly hawkish on immigration, socially moderate/lean conservative and economically populist. 
 

 

Hawley just announce his vehement opposition to Medicatd cuts.  Missouri has a huge Medicaid population as does w virginia, Kentucky and Tenn.  All were hit with devastating tornadoes yesterday and FEMA has been drastically weakened.  Populism is great until it isn't.  The tide will turn.  Roll tide indeed.

Posted
1 hour ago, Joe Ferguson forever said:

I'll sit tight.

You’ve done nothing but go full “woe is me” and b*tch about the markets daily. 5 days ago it was your pharma stocks giving you a sad. Now you’re going to sit tight? Fascinating. 

Posted
1 minute ago, JDHillFan said:

You’ve done nothing but go full “woe is me” and b*tch about the markets daily. 5 days ago it was your pharma stocks giving you a sad. Now you’re going to sit tight? Fascinating. 

Pharma still sucks. LLY down almost 200 from its recent high. Not going to lock in losses. Also, mutual funds and bond funds are played differently from individual stocks, at least by me. 

Posted
1 hour ago, Joe Ferguson forever said:

not a ringing trump endorsement the.  I'll sit tight.  But there will be many grifters who will do swimmingly.

Not a fan of the "bull in a 'China' shop" tariff approach, but what do I know? Time will tell. Hope he's right. Grifting....if only I could.

Posted
2 minutes ago, US Egg said:

Not a fan of the "bull in a 'China' shop" tariff approach, but what do I know? Time will tell. Hope he's right. Grifting....if only I could.

I agree. But trump shouldn’t be picking winners. Clearly, he hasn’t picked you or I. 

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