Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@msf- Yes sir, I did, but it really was rather more in the hope that we could engage bartab in some sort of reasonable exchange of viewpoints. He is so adamant in his disapproval of everything that's been attempted so far that I though perhaps he ha…
@Anna- Not trying to be facetious on this, but facts are facts regardless of what Congress may or may not think. With respect to prosecution for treason however, your are correct: that's up to Congress. And the miserable bunch of sots comprising the…
@hank- Yes, I agree with all of you who have made this observation. It was a (probably misguided) attempt to introduce the subject without appearing to be so emphatic as to start a major political fight on MFO. Or, as Ted so eloquently put it, I was…
And this, from a current Wall Street Journal article:
Whirlpool Wanted Washer Tariffs. It Wasn’t Ready for a Trade Showdown.
After the Trump administration announced new tariffs on imported washing machines in January, Marc Bitzer, the chief execu…
1) Excerpt from above post:
"The untold story of the world economy — so far at least — is the potentially explosive interaction between the spreading trade war and the overhang of global debt"
2) Ted's recent post:
"Foreign Investment In The Unit…
Older MFO members may remember a former major contributor who went by the name of "Scott". He was very much an economic conservative, and argued strongly that the actions being taken by the Fed after 2008 would ultimately lead to financial disaster.…
@Crash- A good question. For one thing, post WW2 the president of the United States was not referring to "the European Union As A 'Foe' Of U.S.", and the largest economy in the world was attempting to enhance world trade, not destroy it. Sorry, but …
@larryB- You are absolutely right, but I'm afraid that your suggestions are falling on deliberately deaf ears. Ted imagines himself to be a major functionary of MFO, and that's just the way it is.
@MikeM- Yes, I've wondered about that myself, since I've owned NTF ETFs at Schwab on and off over the years. I always assumed (not a good thing to do, right?) that Old_Skeet had some sort of set-up which was a bit out of the ordinary.
@VirtueRunsDeep-
I very much enjoyed reading your post, especially as it really reminded me of a similar situation with respect to lack of detailed financial knowledge with respect to our families. One area of financial knowledge that they were aw…
Last Thursday, on the previous page, I made an honest and extensive attempt to engage @bartab in a non-combative exchange of viewpoints on one aspect of health care. No response, of course. Why is it that those who tend to his side of the political …
Certainly. Once our Dear Leader sits down for a private chat with his new best friend Putin that's the first thing that will happen, because the Dear Leader and Putin have a deep respect for the due process of law above all else.
@larryB- I've heard that word used, and used it myself, to describe anyone who is of dubious trustworthiness. Mountains out of anthills, never mind molehills.
@larryB: Well, evidently somebody is under a misimpression. I've heard that word used all of my life with no ethnic connotation whatsoever. If you can document your position, please do so, and I will honor it. Otherwise it's just more of the "it's t…
A quibble regarding the listing: The SF Bay Area is rather artificially divided into two groupings- SF/Oakland/Hayward and San Jose/Sunnyvale/Santa Clara. Combined, as we would generally recognize them for technology groupings, they would be #3 on t…
Various false etymologies have suggested an anti-Semitic origin, possibly associated with the character of Shylock from Shakespeare's The Merchant of Venice, but there is no clear evidence for this.
???
From Wickipedia:
The etymology of the word is not generally agreed upon. The Oxford English Dictionary describes it as "of obscure origin", possibly deriving from a historical sense of "shy" meaning disreputable, whereas the Merriam-Webster Di…
@bartab: Well, sir, that's a bit more like it. I appreciate your taking the time to present your positions in some detail, rather than the typical hit-and-run tactics that you usually employ. I'm in agreement with much of what you say, and in a non-…
@msf- Well, you're right on the sniping of course. However, once again, let's look at the provocation: this was a pretty reasonable exchange of opinion until bartab deliberately threw a little grenade into the post. If he has a different opinion on …
From above, July 6:
Let's say that-
• we apply a 10% tariff to the 500B: that's a tax of 50 B that US consumers will be paying.
• China applies a 10% tariff to the 130B: that's a tax of 13 B on Chinese consumers.
From WSJ, July 11: "China doesn’t…