Russia and Ukraine

[fallenarch]

Saying it. Doesn't make it so. Make it expensive for American companies to do business outside the U.S.

And I'll share with you another current day frustration. I have no experienced if firsthand. I was looking to pick up a new driver. I just needed a part time few hours a week. She made it through her first day of training. Did alright. Nothing to write about but certainly trainable. 2nd day she couldn't come in. No problem. But you'll need about a week of training.

She made it the next day. We got half way through and she said this isn't too hard. I laughed and said it isn't hard but these are what you need to learn.

What does it pay?

I'll give you $20 a leg. A leg takes about 30 minutes. I needed her for 8 legs over 4 days. The easiest legs possible for the newbie.

She said she won't do it for less than $40 a leg.

I said you want $80/hr?

Yes that seems fair

Lady I don't even charge $80 an hour.

We are in a stalemate in this country. $8/hr want to be $15/hr. $40 wants to be $80.

A hamburger is going to run $32 to buy.

So these are the two sides of inflation. When workers make more, companies charge more to pay for more expensive workers. In the end, workers make more but actually have less spending power. Companies find themselves squeezed to the nickel trying to get smaller profits out of more revenue. Then the Fed steps in to try and restore balance by raising the cost of money, so interest rates go up.

Biden better be careful as this situation hasn't ended well historically.

 

[jellyrug]

It's interesting how we associate evil intentions to the Chinese who basically steal everything, But they are communist, which means they fundamentally don't believe in individual ownership rights. I think a lot of our fear of China is projecting. China and India are like 36% of the people on earth, they are going to be economic juggernauts. We're number one because we got a head start on the world. We need to stop thinking that we need to hold everyone back and get focused on outperforming our potential as a middle-sized population. That's not pro-Chinese, it's a reality check.

As for Biden's first-year performance, it's pretty good if you look at actual numbers and not right-winged propaganda: Biden’s First Year: An Economic Scorecard

This is for all of you remembering Trump so fondly. This is the factual accounting for his administration. Note that since Reagan, Democrats significantly outperform Republicans in job creation: Trump to leave office with the worst jobs record since Herbert Hoover

We have to agree that Trump is a moron, based on his behavior during and after the elections.

But blaming his administration for a poor job record after Covid which caused numerous shutdowns and quarantines' is not realistic. Before Covid hit, the job record was probably one of the best ever.

Any investor in the economy will tell you that we are going to pay the price for crazy free money, handouts and zero interest rates during 2021. The result right now is 7% inflation highest since 1982, and for those who love Biden, the gas prices and the chaos at the border asks serious questions. The markets are down close to 10% and oil is heading to $100 a barrel a first since 2014.

Biden is bought with money, the only thing that motivates him. Prime example is his latest promotion of electric vehicles with Ford, GM and Chrysler. Praising them, promising incentives, all because that is what paid lobbyists told him what to do. And here we have the absolute market leader, not only in the USA, but worldwide, Tesla who gets completely ignored. All the hard work by the employees of Tesla, the billions of revenue created for our country and their reward is basically a slap in the face.

About China and India, at the end of the day it is about survival of the fittest, not the masses. India is still a small player in the world economy. My prediction is that at some point China will suffer a revolution created by socialism and the lack of freedom, with massive internal problems. Time will tell.

 

[TallTom]

We have to agree that Trump is a moron, based on his behavior during and after the elections.

But blaming his administration for a poor job record after Covid which caused numerous shutdowns and quarantines' is not realistic. Before Covid hit, the job record was probably one of the best ever.

Any investor in the economy will tell you that we are going to pay the price for crazy free money, handouts and zero interest rates during 2021. The result right now is 7% inflation highest since 1982, and for those who love Biden, the gas prices and the chaos at the border asks serious questions. The markets are down close to 10% and oil is heading to $100 a barrel a first since 2014.

Biden is bought with money, the only thing that motivates him. Prime example is his latest promotion of electric vehicles with Ford, GM and Chrysler. Praising them, promising incentives, all because that is what paid lobbyists told him what to do. And here we have the absolute market leader, not only in the USA, but worldwide, Tesla which gets completely ignored. All the hard work by the employees of Tesla, the billions of revenue created for our country and their reward is basically a slap in the face.

Its because Tesla is non union. And Ford was initially pissed off at Biden because the F-150 Lightning didn't qualify. Because NAFTA pushed the supply chain to Mexico. And too much of the truck was made there. Elon used American Workers, he makes the bulk of his parts in house.

Ford managed to get it worked out. Musk did not.

Unions.

 

[jellyrug]

Its because Tesla is non union. And Ford was initially pissed off at Biden because the F-150 Lightning didn't qualify. Because NAFTA pushed the supply chain to Mexico. And too much of the truck was made there. Elon used American Workers, he makes the bulk of his parts in house.

Ford managed to get it worked out. Musk did not.

Unions.

Good info, but it sounds as if Musk had it worked out a long time before Ford. What about Chrysler and GM? What about the media praise given to GM for their wonderful effort towards EV and how wonderful they are? What about Ford's stock prices soaring immediately after the Biden presentation?

"Biden Is A Damp Sock Puppet In Human Form": Elon Musk Reacts To Post

American billionaire Elon Musk slammed US President Joe Biden after the latter left out the name of Tesla in a post that talked about the future of electric vehicles in America.

www.ndtv.com

I smell more than Unions.

 

[fallenarch]

We have to agree that Trump is a moron, based on his behavior during and after the elections.

But blaming his administration for a poor job record after Covid which caused numerous shutdowns and quarantines' is not realistic. Before Covid hit, the job record was probably one of the best ever.

Any investor in the economy will tell you that we are going to pay the price for crazy free money, handouts and zero interest rates during 2021. The result right now is 7% inflation highest since 1982, and for those who love Biden, the gas prices and the chaos at the border asks serious questions. The markets are down close to 10% and oil is heading to $100 a barrel a first since 2014.

Biden is bought with money, the only thing that motivates him. Prime example is his latest promotion of electric vehicles with Ford, GM and Chrysler. Praising them, promising incentives, all because that is what paid lobbyists told him what to do. And here we have the absolute market leader, not only in the USA, but worldwide, Tesla which gets completely ignored. All the hard work by the employees of Tesla, the billions of revenue created for our country and their reward is basically a slap in the face.

Blaming Biden for inflation is no different than blaming Trump for the jobs dropping. Before COVID, you can say that Trump road the wave that Obama created in his second term. By the way look at the job numbers, in his best moments, Trump's numbers are not stellar (historically) and both Obama and Biden outperform him. Biden's stock market and GDP performance are stellar. If the anti-vaccine people hadn't given COVID a longer lease on life we would be putting all the brakes on the economy now to slow it down to sustainable rates of growth.

All of this and the infrastructure package hasn't even had a significant impact on the economy yet. I don't see how you can say "Biden is bought with money, the only thing that motivates him." when we just lived through the Trump experience. Far be it from me to debate you on the car industry Sir, but electric cars are about injecting new potential into a flatlining market sector.

 

[jellyrug]

Blaming Biden for inflation is no different than blaming Trump for the jobs dropping. Before COVID, you can say that Trump road the wave that Obama created in his second term. By the way look at the job numbers, in his best moments, Trump's numbers are not stellar (historically) and both Obama and Biden outperform him. Biden's stock market and GDP performance are stellar. If the anti-vaccine people hadn't given COVID a longer lease on life we would be putting all the brakes on the economy now to slow it down to sustainable rates of growth.

All of this and the infrastructure package hasn't even had a significant impact on the economy yet. I don't see how you can say "Biden is bought with money, the only thing that motivates him." when we just lived through the Trump experience. Far be it from me to debate you on the car industry Sir, but electric cars are about injecting new potential into a flatlining market sector.

Messy job reports and unreliable labor forecasts take a toll on Biden's first year

In 2021, the Labor Department's initial monthly jobs report and Wall Street's estimates were less reliable — and President Biden paid a political price for it.

www.cnbc.com

United States Unemployment Rates by President, 1948-2020

A summary of U.S. unemployment rates by presidency, from Harry S. Truman to Donald J. Trump (1948-2020).

historyinpieces.com

 

[michael parris heuberger]

Messy job reports and unreliable labor forecasts take a toll on Biden's first year

In 2021, the Labor Department's initial monthly jobs report and Wall Street's estimates were less reliable — and President Biden paid a political price for it.

www.cnbc.com

United States Unemployment Rates by President, 1948-2020

A summary of U.S. unemployment rates by presidency, from Harry S. Truman to Donald J. Trump (1948-2020).

historyinpieces.com

Hi. When I started working coffee was $ .05 a cup gas was less than $.25 a gal. I was working with my dad at night in a mill at night. I was making $2.64 an hr and going to school. I had a 1955 Chevy convertable with a bad motor. I put a 327 350 HP long block and a 4 speed. I could buy 10+ gal of gas an hr of work and buy 52.8 cups an hr. I now make $ 17.58 an hr. I can buy 3.3 gal of gas an hr of work. I can buy 6.8 cup an hr. So was I better off then or now? So if we pay some on $20.00 an hr to make some things and China pays then less than $1.00 an hr how can we compete. What do we have to do? What can we do? We have to do something or the USA will fall.

 

[TallTom]

Good info, but it sounds as if Musk had it worked out a long time before Ford. What about Chrysler and GM? What about the media praise given to GM for their wonderful effort towards EV and how wonderful they are? What about Ford's stock prices soaring immediately after the Biden presentation?

"Biden Is A Damp Sock Puppet In Human Form": Elon Musk Reacts To Post

American billionaire Elon Musk slammed US President Joe Biden after the latter left out the name of Tesla in a post that talked about the future of electric vehicles in America.

www.ndtv.com

I smell more than Unions.

Honestly Tesla as an automobile isn't all that great for quality. But the EV and other vehicle technology is a decade ahead. Ford actually did a good job at refocusing into EVs. But the Biden help certainly isn't hurting their stock price. As much as I hated Ford, when it was @ 7 it was a bargain. Even if it went bankrupt it's assets were worth that

 

[jellyrug]

Honestly Tesla as an automobile isn't all that great for quality. But the EV and other vehicle technology is a decade ahead. Ford actually did a good job at refocusing into EVs. But the Biden help certainly isn't hurting their stock price. As much as I hated Ford, when it was @ 7 it was a bargain. Even if it went bankrupt it's assets were worth that

Yep, Ford took a dip after posting results though.
Right now I am not optimistic about the market, I hope I am wrong. I don’t think the Fed has a formula for short term rescue. I think we have way to go before hitting the bottom. I also don’t think Biden will come well out of where we will end.

 

[fallenarch]

Biden sets first-year record with 6.6 million jobs added

Employers added a record 6.6 million jobs during Joe Biden's first 12 months in office, by far the strongest record of any president's first year in office.

www.cnn.com

 

[TallTom]

Yep, Ford took a dip after posting results though.
Right now I am not optimistic about the market, I hope I am wrong. I don’t think the Fed has a formula for short term rescue. I think we have way to go before hitting the bottom. I also don’t think Biden will come well out of where we will end.

Yeah I'm out from all but 4 positions. We are getting ready for some hurt. Economy is a dumpster fire. Inflation even by CNNs reporting is the worst in decades. And they are trying to make it look as rosey as they can.

Biden has had a year of Covid now. It hasn't been kind to him either.

I don't want to say we will avoid a recession, but it will be a feather in Bidens hat if he can figure out how. And by all accounts he seems clueless.

I think the DOJ is about to drop the hammer on about a dozen brokerages for market manipulation. That won't help when they start having to liquidate.

And I just spent 78.00 to fill up what used to cost $50.

 

[jellyrug]

Yeah I'm out from all but 4 positions. We are getting ready for some hurt. Economy is a dumpster fire. Inflation even by CNNs reporting is the worst in decades. And they are trying to make it look as rosey as they can.

Biden has had a year of Covid now. It hasn't been kind to him either.

I don't want to say we will avoid a recession, but it will be a feather in Bidens hat if he can figure out how. And by all accounts he seems clueless.

I think the DOJ is about to drop the hammer on about a dozen brokerages for market manipulation. That won't help when they start having to liquidate.

And I just spent 78.00 to fill up what used to cost $50.

Will be interesting to see how the markets respond if Ukraine gets invaded.

My long positions are all long gone, 100% options trading at the moment, using very simple strategies.

 

[Bumblebee]

Will be interesting to see how the markets respond if Ukraine gets invaded.

My long positions are all long gone, 100% options trading at the moment, using very simple strategies.

With Russia having the backing of the big dog (China), it might embolden Putin to forge ahead with an invasion...


...and here's the world kissing China's butt at the Olympics....

 

[moko]

If you know biden is fake, real white hoyse is closed, biden only speaks from fake white house.... And Trump was already inaugurated president last year...biden/chyna/globalist/cabal setup Ukraine as human trafficking money laundering front.... The Ukraine people did not choose their leaders

Mel K & Acclaimed Journalist Benjamin Fulford On Geopolitical Moves & Countermoves 2-4-22

 

[sixpack577]

There are/were quite a few videos of Biden on youtube filming from a fake White House set. Really, no conspiracy.
Probably because he's a bumbling idiot, and they need multiple takes to get his speeches tv worthy.
As many gaffes as he has live that should be no shocker to anyone, and the guy is a puppet anyway, that shouldn't even be a discussion.
But, let's say for sake of argument, Trump is the real president, the curtain will be pulled back, and all the these crooked democrats(and several republican) sellouts to China are all arrested, and Trump is president again...the country would come unglued!
All hell would break loose.
Every major city in this country would be on fire.
People would revolt and go mad.
Even though I'm a conservative/republican, who wishes we didn't have the current administration that we do...I think that hypothetical situation would be catostrophic on so many levels.
I can't see it ever happen.

 

[Bumblebee]

Forget the tinfoil hats, you guys need full tinfoil body suits....

 

[fallenarch]

@sixpack577 I just realized that's exactly what happened in the Wizard of Oz! haha. Stop playing the scarecrow and go get you a Gen 3...

 

[Zerks]

You might think this is a humorous thing but Biden has at his disposal a large fighting force which could easily find itself embroiled in a war with Russia if he isn't really careful...

Putin has given the west an ultimatum and is playing chicken to see who will flinch first...it had better be the west.

Meanwhile... the crazy Neocons are waiting with their order pads to restock spent weapons of war. Yeah, Putin wants the USSR restored to its former glory... what else would a former KGB agent want anyway?

Joe doesn't know anything about being careful... his words and his actions remind me of a pay to play puppet that hasn't figured out that radicals will never be satisfied.

 

[TallTom]

With Russia having the backing of the big dog (China), it might embolden Putin to forge ahead with an invasion...


...and here's the world kissing China's butt at the Olympics....

The other leverage Putin has is if the invasion happens it how it will send oil prices hugely higher. Putin has a lot he can sell to China. They could both could care less if it will piss off the U.S. Not like Biden can stop them from doing it. China will be able to buy cheap oil while pay the newly minted prices. And $4 gas will start to look cheap.

And spiking oil will be nobody's fault but Biden's (ie, Not Trump, not supply and demand). When it spikes at say $130ish a barrel, our economy will tank worse.

Putin is smart enough to know who has to blink. He has little to lose. Biden has a LOT more to lose. Let's see what Unca Joe is made of. I suspect the Fed will start sweating massive bullets trying to figure out if they raise interest or restart the money printing machine for the new economic tsunami this will cause.

Poor Unca Joe. His boy on the Ukrainian payroll is gonna get costly.

 

[Zerks]

Biden sets first-year record with 6.6 million jobs added

Employers added a record 6.6 million jobs during Joe Biden's first 12 months in office, by far the strongest record of any president's first year in office.

www.cnn.com

The MSM has been in the tank with the leftist marxist democrats for years... We already know the GDP numbers are skewed as part of the smoke and mirrors charade going on in the DC Beltway... Biden is a joke as a president... everything he touches goes to poop.
Keep those blinders on...