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.
Don't you find it interesting that the 'Teds' and the 'Maurices' don't have a lot to say when faced with overwhelming evidence of the corruption of this administration?
"The current projections for the 'trust' is it will go broke."
@BrianW: I'm afraid that I have to question the accuracy of your assertion. I'll go with info from MFO contributor msf, who has a long and proven track record for balance, accuracy, and…
@BrianW- I've really no issue with your suggestions as to what the nature of the 'social contract' should be. You make some interesting suggestions, and your format might very well be superior. The problem though is that you are really not making mu…
"Of course around the time of the Vietnam war, some a-hole politician pondered, 'hey, look at all that money over there'!!!!"
Unmentioned is the fact that around the time of the Iraq war, some a-hole politician pondered, "let's just do this... who …
@hank- I knew that you were kidding... you had to be. But you do validate a point that I tried to make a while ago in the midst of an unusually acerbic exchange with Maurice: if you don't challenge these attacks, than by default they become so commo…
@Catch22: Hello there. Not to critique your post, but you probably could have condensed it down to "I have not found an intellectual statement from the POTUS" and left it at that. I'll refer your question "what is the "game plan" with this tariff" t…
Indeed. I thought that it would be interesting to see them denounce the CATO Institute and the Wall Street Journal as Marxist-Leninists bent upon the demise of the American culture.
@Maurice- Your commentary has degenerated to the point that it is a pathetic caricature of logic or reason. No response could be more damaging than the absurdity of your own posting. QED.
@Ted- Thanks for clarifying your personal rule set, which you continually attempt to impose on MFO. It's a shame that "The Closing Bell" is so obviously in violation of this particular rule, and that you will no longer be posting it because of that.
Murphy's Law being what it is, 07-11 hit us soon after we retired. Damned good thing that we were prepared to ride it out. Others in our age bracket weren't, and never fully recovered.
I stand by my opinion that financial literacy isn't taught.
@BrianW- I absolutely agree with you on that, and it is something that I have groused about for many years. The thing is though, that as far as I'm aware it was never taught in the school …
"You can't argue with a sick mind."
@larryB- well, you can, but I'll have to tell you that it surely makes my head hurt...
Seriously, the only reason that I waste my time and energy on crap like theirs is because if no one challenges them, they wi…
@Hank- Oh yes, I didn't mean to play down the importance of the immigration problem. It's just that even without that Italy is in a very precarious position right now. You are absolutely correct that immigration is a major issue in much of the EU, a…
@VintageFreak- This is not the first time that I have noticed a distinct lack of confidence in and admiration for the American economic system on your part. I must caution you that in the event of further such conduct I shall have no option other th…
@LarryB-
Evidently you fail to understand the commenting rule set as evoked here by Ted and Maurice. Perhaps I can summarize.
Either you believe in and accept their definition and perspective on America, or you are:
1) a left-wing hate America w…
"The worst thing in the world for you folks would be if all boats rose."
You might just be right on that one, Maurice. Unfortunately, not too promising. The track record is much better at "piss on" as opposed to "trickle down".
"power and privileges to a small elite"
Exactly: as in the 1%. Keep shilling for them, Maurice. Someday they might reward you with an honorary membership.
(Honorary membership offer may be discontinued at any time and may not be combined with any …
"what does patriotism mean to them?"
It means seeing themselves as a movie actor portraying a WW2 general. It means waving a flag and wearing a flag pin, because that's a lot easier and cheaper than dealing with reality.
@Hank
The immigration problem is surely exacerbating the underlying political morass, but it really isn't the driving force behind Italy's current disintegration. We are seeing what may be the death throes of a political and social system which has…