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Registered on:9/30/2006
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re: Biden calls for middle-class tax hike

Posted by stout on 4/25/24 at 1:13 pm
[quote]bullshite. You want to tax the rich because you aren’t where you thought you would be at this point in your life. You’re an elite hating populist poor.[/quote] [embed]https://youtu.be/X9wOQdrPkv4[/embed]...
At this rate I think FL would try to secede before Texas would...
[link=(https://www.yahoo.com/news/us-supreme-court-weighs-trumps-050959680.html)]US Supreme Court justices in Trump case lean toward some level of immunity[/link] [quote]Conservative U.S. Supreme Court justices signaled sympathy on Thursday to the argument that presidents have some immunity a...

re: Are we about to hit stagflation?

Posted by stout on 4/25/24 at 1:00 pm
[quote]Big Scrub TX[/quote] Here come some really bad takes...

re: Are we about to hit stagflation?

Posted by stout on 4/25/24 at 11:19 am
[quote]Only cutting into those 3-5 big costs are going to stop anything[/quote] It's more than 3 or 5. Ukraine is the tip of the wasteful iceberg from this admin. Illegals, Infrastructure BS bill, etc Ukraine only gets brought up because it's the most obvious of what this admin has printe...

re: Are we about to hit stagflation?

Posted by stout on 4/25/24 at 11:16 am
[quote] Where is this coming from? PCE doesn't get released until tomorrow.[/quote] A lot of places reporting it [link=(https://www.marketwatch.com/livecoverage/gdp-report-first-quarter-numbers-expected-to-show-strong-u-s-growth-continuing/card/core-pce-prices-were-hot-in-first-quarter-l06...

re: Are we about to hit stagflation?

Posted by stout on 4/25/24 at 11:13 am
[quote]It's like being $1M in debt and worrying about a $10 lunch[/quote] I guess you and I are different because if I am $1 mil in debt I cut back everywhere including $10 lunches if they aren't necessary ...

Are we about to hit stagflation?

Posted by stout on 4/25/24 at 11:04 am
[quote]For those who do not understand what just happened: First, Q1 2024 GDP growth slowed to just 1.6% which is less than HALF of the 3.4% Q4 2023 number. This reading is roughly 50% BELOW Goldman Sach's expectations. But it gets even worse. At the same time, the US Core PCE Price Inde...
[embed]https://youtu.be/2z3wUD3AZg4[/embed]...
Updated: They want to also tax unrealized gains by 25% [embed]https://twitter.com/KobeissiLetter/status/1783215429546082787[/embed]...
Weird that FRED and NAR have such a difference in data. ...
[quote]In April 2019 there were 1.137 million homes for sale, in March 2024 there were 694,000. [/quote] Link? Because NAR says otherwise [quote]Total housing inventory registered at the end of March was 1.11 million units, up 4.7% from February and 14.4% from one year ago (970,000). Unso...
[quote] Homes for sale is still below pre covid levels. [/quote] That is starting to change as the market cools [link=(https://www.realtor.com/news/trends/4-cities-where-housing-inventory-fully-recovered-from-pandemic/)]Realtor.com[/link]...
[quote]They are slightly but not as much as they should be IMO. High rates, high inventory, they should be plummeting.[/quote] Variety of factors for this We don't have a lot of people that have to sell yet. Selling is optional so many are not as motivated to lower prices. A lot of peopl...
[quote] Hmmmm, trying to figure out what 2024 has in common with 2008.[/quote] :confused: 2008 was decades in the making. Not like it happened overnight. Two completely different scenarios/markets...
[img]https://pbs.twimg.com/media/GL8dDU5bUAAzT2G?format=jpg&name=4096x4096 width = 800[/img] There is an overall surge of inventory. [img]https://pbs.twimg.com/media/GL37jgXW8AAuin8?format=png&name=900x900 width = 800[/img] Seems like the inventory issue is working itself out but...
[quote]If the First Amendment can be disregarded, the Second Amendment can be too. And where are we then? If the students want to say stupid stuff, they have a right to do it without being attacked by government goons.[/quote] Who is stopping them from saying anything? Free speech does n...
[quote]They don’t care about Gaza. They hate Jews.[/quote] Well then I will rephrase. I wish they hated illegal immigrants as much as they hate Jews...
[quote]OzonaOkapi[/quote] Looks like the admin finally woke up and realized you were a shitty alter. Goodbye ...
I wish these idiot protestors cared enough about our own border and country as they do about Gaza ...