Posted on 04/12/2020 11:17:20 AM PDT by fightin kentuckian
bkmk
This. It's coming out of money that was stolen from us over generations. Watch.
“me too but its a better barometer than here”
LOL!
though it’s pretty easy here to see who the absolute fools are, plus there’s a couple of posters here who claim that they’ve worked in the investment industry for decades, and their advice is pretty darn good, though almost completely generic, more akin to the basics of investing ...
You get it!
Americans were played in a slow motion ripoff scam taking place over decades.
Then Donald Trump happened.
Guess how many assassination attempts have been made on him?
I lost count. By 2018, there were more than a dozen discussed. I stopped counting as I figured it was a never ending process of attempted assassination.
Remember in February-March how the fake news thugs were clamoring about showing pathological desire to report Trump had the Coronavirus? They were writing often how Trump was in contact with Pence who was rumored to have the virus, they wrote a lie that Trump had contact with Brazil’s President who had the virus (he didn’t). And on and on.
Why?
Because Trump is reversing the great ripoff scheme that’s been going on for decades.
There was coverage at the time of passage ... part of the CARES Act provided that the treasury create & sell financial vehicles to the federal reserve though, ordinarily, it’s the other way around (whereby USA gave over sovereignty to the fed). In essence, it appears POTUS has swung a deal whereby the Federal Reserve relinquishes up to $4 trillion back to the US Treasury Dept. and is thus seemingly a wash for now and, in the future, reigns in the federal reserve with that newly established leverage over the fed now held indefinitely. TBD ;)
That movie was disturbingly prescient, from the trans-KOrman character and his kid, to a too cool John Ritter as president, to Vietnam becoming a vacation spot.
it really isn’t rocket science, big fan of the 3 fund portfolio here. Done it for 20 and still above H2O
Guess how many assassination attempts have been made on him?
I lost count. By 2018, there were more than a dozen discussed.
Discussed where,missed a few dozen on this end ?
No risk no reward..boring
Havent made any gains either, does the word INFLATION ring a bell ?
Land, water, animals, guns, ammo...
And SKILLS that would be of value to others out of necessity.
*
I have come to the conclusion it’s all relative. If all your neighbors borrow a billion dollars and you borrow 800 million and the lady down the street borrows 1.5 billion. Then who is screwed. I say the financial system is screwed. That’s where we are at. I thought Japan would bury us in the 1980s. I was so wrong. I screamed it. I knew it. I felt it. I was so wrong. I don’t know the answer. Everyone is bankrupt or dependent on the bankrupt.
Honestly we could tell the world to FOAD and they can’t do shit about it.
Steven W, loved your reply and I’d like to understand it better. I really don’t fully understand the purpose of the FED and how it operates and who’s in charge. I hear contradictory statements that no one bothers to explain in part because I think they don’t understand themselves. But you seem to have a grasp on this veiled agency. Could you help me to better understand the FED and suggest some reading material.
Not a person who takes risk. If you find that boring, feel free to move on.
I guess their is some truth to that with regard to property tax, but much more solid than stocks. I’ve had at least 3 big companies file for bankruptcy, and watched my investment fly away.
Understand. The Bible teaches clearly that wealth “takes up wings and flies away”.
exnavy wrote:
“I cashed out of 401k and IRA after 2008 crash. never again.”
How much did you get taxed on the withdrawals?
i really do not recall, i had less than 15,000 in the account. i think we walked away with half.
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