| Favorite team: | LSU  |
| Location: | Definitely NOT an admin |
| Biography: | I'm 5'2 and 300lbs of sexytime |
| Interests: | Poodles and Jello (but not always together) |
| Occupation: | Being THAT guy... |
| Number of Posts: | 55633 |
| Registered on: | 10/25/2008 |
| Online Status: | Not Online |
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re: Inflation.... 2.1%. Always late Powell is an idiot. Lol at the tariffs will raise inf
Posted by Bard on 5/30/25 at 8:20 am
quote:
The problem is this will also crash us because most of the country is now dependent on what is funded.
Yep. It's like an addict who doesn't want to quit because they are scared shitless of how bad detox will be. They either keep using and eventually die of an OD or they go through the shite and suck of detox. Where we are in this analogy is that Congress (and many voters) want to deny there's any chance of OD at all so they just keep merrily shooting up while bitching about how everyone else and everything else is the problem.
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re: Inflation.... 2.1%. Always late Powell is an idiot. Lol at the tariffs will raise inf
Posted by Bard on 5/30/25 at 8:14 am
quote:
I know most people will not like this but if I were in charge of monetary policy my inflation goal would be 0%, not 2%.
0% would still require printing new dollars as the economy grows but at much lower rate than the current 2% target and this approach would remove the hidden inflation tax on the people.
For decades Congress has been using inflation to offset debt expenses by trading the value of the USD for just counting numbers. If inflation were to be held to 0% for too long, there would have to be more and/or larger auctions as the numbers game would turn on Congress due to value being held steady (or increasing).
I don't disagree with your stance, just expanding a little on cause/effect.
re: Inflation.... 2.1%. Always late Powell is an idiot. Lol at the tariffs will raise inf
Posted by Bard on 5/30/25 at 8:06 am
quote:
Trump has identified the debt.
Trump enacted doge
Congress hasn’t and won’t make cuts
What is your proposal other than raising taxes to get rid of the debt since Congress isn’t serious about it?
There's only one other option, and it's not raising taxes (because to raise enough taxes just to balance the budget would wreck the economy, and then Congress would just spend more the next FY). Either we make the hard cuts now or the economy crashes under the weight of its own debt within the next 15-20 years. So if those are our only two options, let's go ahead and get the party started because the sooner it comes crashing down, the sooner we can rebuild (hopefully with lessons learned).
re: Inflation.... 2.1%. Always late Powell is an idiot. Lol at the tariffs will raise inf
Posted by Bard on 5/30/25 at 7:56 am
Any impacts on inflation from the tariffs were always going to be late and over-inflated because OMB. IF Biden had done this (stop laughing, I prefaced with a big "if"), the rhetoric would have been how savvy an idea it was and how it would have minimal (if any) impact on inflation.
JPow is a political beast, but he's also fricked no matter what he does.
Inflation is a function of too much money chasing too few goods. Both Congress and the consumer are still creating assloads of new money by creating assloads of new debt. If Jerry cuts rates, inflation comes back within 3-4 months because of the excess liquidity.
If he leaves rates alone, inflation continues to fall but it stifles business growth while we're likely in a recession already.
The problem isn't rates, it's over-liquidity caused by consumers refusing to alter their lifestyles (by trying to offload inflation onto their credit cards) and Congress completely abandoning any sort of fiscal rationality (much less responsibility).
JPow is a political beast, but he's also fricked no matter what he does.
Inflation is a function of too much money chasing too few goods. Both Congress and the consumer are still creating assloads of new money by creating assloads of new debt. If Jerry cuts rates, inflation comes back within 3-4 months because of the excess liquidity.
If he leaves rates alone, inflation continues to fall but it stifles business growth while we're likely in a recession already.
The problem isn't rates, it's over-liquidity caused by consumers refusing to alter their lifestyles (by trying to offload inflation onto their credit cards) and Congress completely abandoning any sort of fiscal rationality (much less responsibility).
re: Is the series finale of Handmaids Tale the worst in television history?
Posted by Bard on 5/30/25 at 7:22 am
quote:
I've always thought that for 90% of the biddies bitching about the Handmaid's Tale, it is actually their secret sub or rape fantasy.
I've always referred to it as "feminist fear porn". It gives them a false reality to self-righteously rage against without their having to risk anything like they would if they were to rage against legitimate attacks on women in actual reality (like trannies in womens' sports or radical Islam).
re: When Bawcomville goes to the big city
Posted by Bard on 5/30/25 at 7:03 am
I can almost smell the paper mill coming off him.
re: What is great about this picture?
Posted by Bard on 5/29/25 at 3:17 pm
quote:
No Chalmette of Ascension Parish fatties?
You're half-right. No fatties, no tatties.
re: Georgia Parents Sue Homeowner After He Fatally Shoots 3 Armed and Masked Teens
Posted by Bard on 5/29/25 at 1:44 pm
The homeowner should countersue.
2024 CODE OF GEORGIA
Title 51 - TORTS (§§ 51-1-1 — 51-16-5)
Chapter 2 - IMPUTABLE NEGLIGENCE (§§ 51-2-1 — 51-2-7)
Section 51-2-3 - Liability for malicious acts of minor child
2024 CODE OF GEORGIA
Title 51 - TORTS (§§ 51-1-1 — 51-16-5)
Chapter 2 - IMPUTABLE NEGLIGENCE (§§ 51-2-1 — 51-2-7)
Section 51-2-3 - Liability for malicious acts of minor child
quote:
(a) Every parent or guardian having the custody and control over a minor child or children under the age of 18 shall be liable in an amount not to exceed $10,000.00 plus court costs for the willful or malicious acts of the minor child or children resulting in reasonable medical expenses to another, damage to the property of another, or both reasonable medical expenses and damage to property.
(b) This Code section shall be cumulative and shall not be restrictive of any remedies now available to any person, firm, or corporation for injuries or damages arising out of the acts, torts, or negligence of a minor child under the "family-purpose car doctrine," any statute, or common law in force and effect in this state.
(c) The intent of the General Assembly in passing this Code section is to provide for the public welfare and aid in the control of juvenile delinquency, not to provide restorative compensation to victims of injurious or tortious conduct by children.
re: South African president says kill the boar doesn’t instruct people to kill
Posted by Bard on 5/29/25 at 1:36 pm
The word "kill" in South African really means "snuggle". Common mistake.
/sarcasm
/sarcasm
re: Iberville Landing - anybody know anything about this?
Posted by Bard on 5/29/25 at 12:25 pm
quote:
I guess you can book a murder while camping experience.
I laughed because I thought that was a rando pic of some shack. Then I clicked the link and saw it really is their promotional picture for "Book a Cabin, Camp site or Glamp Site". :lol:
re: What in the BBB increases the deficit?
Posted by Bard on 5/29/25 at 11:32 am
The point is that it doesn't decrease the deficit enough, it cuts only (modestly) the growth of spending (~$160B per year, vs the ~$1.8T projected yearly deficits).
To put this into a more understandable context: you're adding $18,000 of debt to your credit cards every year because you can't stay away from the race track. Now you're losing "only" $16,400 and you consider that to be a huge win? :dunno:
To put this into a more understandable context: you're adding $18,000 of debt to your credit cards every year because you can't stay away from the race track. Now you're losing "only" $16,400 and you consider that to be a huge win? :dunno:
re: River tubing in the south.
Posted by Bard on 5/29/25 at 11:10 am
quote:
What’s the best river these days to float down?
The lazy river at Blue Ba... oh, wait.
re: U.S. GDP has tripled the last 20 years, do you think the country is 3x better than it was?
Posted by Bard on 5/29/25 at 11:09 am
Inflation has grown ~64% in that 20 years, that cuts down the perceived growth a bit.
re: Another Florida Sheriff in action: confronts and arrests man who threatened his life
Posted by Bard on 5/29/25 at 10:43 am
quote:
Looks like the sheriff got his feelings hurt and is using the power of the State to get revenge on someone he dislikes.
You sound overly defensive.
re: Elon Musk Criticizes Big Beautiful Bill, Joins Thomas Massie & Rand Paul As Commie Stooges
Posted by Bard on 5/29/25 at 10:15 am
You forgot to include something about "Big Mike" in there.
re: Before & after Blatten Switzerland was destroyed by a glacier collapse yesterday
Posted by Bard on 5/29/25 at 9:54 am
Nature can be scary. :speechless:
re: Ghosts, Bigfoot, Aliens
Posted by Bard on 5/29/25 at 9:48 am
quote:
Which one of these three supposed entities do you believe has the highest probability of actually being real?
Aliens and I base it on sheer probability. There are an estimated 40 billion habitable-zone planets in the Milky Way galaxy alone and current estimates are that there are 2 trillion galaxies in the observable universe (that number includes many dwarf and low-mass galaxies). The Milky Way seems to be on the larger side with that many habitable-zone planets, so let's scale that back a bit to 10k habitable-zone planets per galaxy.
Even at that low number, that would be the possibility of 10k * 2T, or 20 quadrillion (20 and then 15 zeroes) hospitable-zone planets. The odds are that there is some form of life on at least some of those planets.
The question then is what are you qualifying as "aliens"? Any life on another planet is definitively "alien", so is it just microbial life? Primitive fauna and flora? Some low-tech beings? High-tech beings who are so far away we may never come into contact before both species die out? High-tech beings who have visited? Currently visiting?
It's not so much if alien life is out there, but rather if it's at a level of development to facilitate contact with us.
re: Blazing Saddles
Posted by Bard on 5/29/25 at 8:45 am
quote:
About five years ago, when my son was 17, I made him sit down and watch Blazing Saddles with me.
I did that with my nephews about 10 years ago when they were in their early teens. I don't think I've ever heard them laugh so deeply and hard, especially at the camp-fart scene. :lol:
re: Ukraine is now using suicide bombers to kill Russians generals
Posted by Bard on 5/29/25 at 8:40 am
War people doing war things.
re: Welp... Landry actually signed some tort litigation reform bills
Posted by Bard on 5/29/25 at 8:24 am
quote:
Expanded No Pay/No Play:
Uninsured drivers are barred from collecting unless damages exceed $100,000 (bodily injury or property). This pushes more people to carry insurance and improves the overall risk pool.
Knowing human behavior, I can't see how this doesn't just set the new floor at $100,001. I'm not a lawyer nor in the insurance business so I have no idea what hurdles are needed to even have reasonable grounds for that high of a claim by an uninsured motorist (outside of bodily injury, but I would think many of those claims would be sub-$100k).
quote:
End of Housley Presumption:
No more automatic assumption that a medical condition shortly after an accident was caused by it. Makes injury claims harder to prove — reduces inflated payouts.
Dr. Plantz already cashed out.
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