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Messages - DKG

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#5896
The Flea Trap / Re: Cost of living, rising inflation
October 23, 2022, 02:11:32 PM
Quote from: Rancidmilko post_id=478079 time=1666537904 user_id=2853
Argentina has hit the 100% mark inflation in less than a year



Seems to be the "new normal" in Latin America



Vote for the left, vote for inflation



Now it's Colombia going the same way

Argentina used to be a very wealthy nation. Colombia's former conservative president had his country on the right track. I believe money from outside the  region is getting marxists elected in South America.
#5897
The Flea Trap / Re: Herman's crops didn't do very well this year.
October 22, 2022, 12:25:55 PM
Quote from: Breakfall post_id=477623 time=1666243330 user_id=3358
Quote from: "Sara Silverback" post_id=476463 time=1665425019
Too much rain. This is putting his whole retirement in jeopardy.

 :sad:

Is that yooo Edwod?

Is there any doubt it's Eddie the incel.
#5898
The Flea Trap / Re: Cost of living, rising inflation
October 22, 2022, 12:23:09 PM
Biden doubles down on stupid and releases milllions of barrels from the Strategic Petroleum Reserve(SPR). Right before ands election too. Imagine that.
#5899
The Flea Trap / Re: Money Sense
October 21, 2022, 05:57:26 PM
Earnings are coming in better than expected. But, it will be short term. Markets will not likely reach bottom until 2023. Continuing to raise interest rates will deepen the pain unnecessarily.
#5900
The Flea Trap / Re: Money Sense
October 19, 2022, 01:28:59 PM
Inflation in the UK was 10.1 percent year over year.
#5901
Politics / Re: California's Disatrous Liberal Policies
October 19, 2022, 01:25:25 PM
Quote from: Oerdin post_id=477537 time=1666192780 user_id=3374
Most of the street homeless (like 90%+) are hard core drug addicts.  All of them could go to homeless shelters if they wanted to do so but then they'd need to go to free state paid rehab and they don't want to do that.  This why they are street homeless.

If I was raised in California, I would have fled the state as soon as I graduated from university.
#5902
The Flea Trap / Re: How many days,weeks, months before a war with Russia happens?
October 18, 2022, 06:47:17 PM
Since Americans are paying for Ukraine's war efforts, American taxpayers have every right to demand a negotiated settlement.
#5903
The Flea Trap / Re: Money Sense
October 18, 2022, 06:44:54 PM
The US economy shrank 1.6 percent in the first quarter and 0.6 percent in the second. Inflation averaged 8.2 percent in the twelve months through September. The Fed has lifted interest rates by three percentage points since March.



Many top economist's like Harvard's Larry Summers are putting the chances of a deep recession at one hundred percent.
#5904
The Flea Trap / Re: Money Sense
October 13, 2022, 08:27:42 AM
The Fed is fighting inflation too hard as price pressures are fading, David Rosenberg said.

The central bank's rapid interest-rate hikes are paving the way for an economic disaster, he said.

The Rosenberg Research chief expects inflation to drop from over 8% to below 3% in the next year.
#5905
The Flea Trap / Re: Money Sense
October 07, 2022, 10:38:33 AM
The US added more jobs than epected in September. This guarantees more interest hikes are coming  pushing markets down.
#5906
The Guest Nest / Re: R.I.P. Dad 1953-2022
October 07, 2022, 10:30:35 AM
Quote from: RDL2022 post_id=476218 time=1665111981
https://www.dignitymemorial.com/fr-ca/obituaries/victoria-bc/joseph-lebrun-10945416">https://www.dignitymemorial.com/fr-ca/o ... n-10945416">https://www.dignitymemorial.com/fr-ca/obituaries/victoria-bc/joseph-lebrun-10945416

My condolences RDL.
#5907
The Flea Trap / Re: Cost of living, rising inflation
October 06, 2022, 11:25:23 AM
Quote from: Oerdin post_id=476039 time=1664957105 user_id=3374
I went out for dinner at a local BBQ restaurant chain here in San Diego.  The price was $94 with tax and tip included for a dinner for four.  2 of their pork spare rib special (just five little ribs, slaw, and fries), 1 cheeseburger, a quarter chicken special (1/4th of a small chicken with beans and a baked potato), an order of onion rings,, and four fountain drinks.  Prices are fucked here in California.  



A basic Burger King Whopper meal (cheeseburger, medium fries, medium drink) is $14.  The youngest is whining that I am taking him out to eat less often.

That is steep.
#5908
The Flea Trap / Re: They keep dropping.
October 06, 2022, 11:22:31 AM
Quote from: "Oliver Clotheshoffe" post_id=476021 time=1664893829 user_id=3349
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NASHVILLE, Tenn. (AP) — Loretta Lynn, the Kentucky coal miner's daughter whose frank songs about life and love as a woman in Appalachia pulled her out of poverty and made her a pillar of country music, has died. She was 90.



In a statement provided to The Associated Press, Lynn's family said she died Tuesday at her home in Hurricane Mills, Tennessee.



Lynn already had four children before launching her career in the early 1960s, and her songs reflected her pride in her rural Kentucky background.



As a songwriter, she crafted a persona of a defiantly tough woman, a contrast to the stereotypical image of most female country singers. The Country Music Hall of Famer wrote fearlessly about sex and love, cheating husbands, divorce and birth control and sometimes got in trouble with radio programmers for material from which even rock performers once shied away.



Her biggest hits came in the 1960s and '70s, including "Coal Miner's Daughter," "You Ain't Woman Enough," "The Pill," "Don't Come Home a Drinkin' (With Lovin' on Your Mind)," "Rated X" and "You're Looking at Country." She was known for appearing in floor-length, wide gowns with elaborate embroidery or rhinestones, many created by her longtime personal assistant and designer Tim Cobb.



Her honesty and unique place in country music was rewarded. She was the first woman ever named entertainer of the year at the genre's two major awards shows, first by the Country Music Association in 1972 and then by the Academy of Country Music three years later.



"It was what I wanted to hear and what I knew other women wanted to hear, too," Lynn told the AP in 2016. "I didn't write for the men; I wrote for us women. And the men loved it, too."



https://www.8newsnow.com/entertainment-news/ap-loretta-lynn-coal-miners-daughter-and-country-queen-dies/">https://www.8newsnow.com/entertainment- ... ueen-dies/">https://www.8newsnow.com/entertainment-news/ap-loretta-lynn-coal-miners-daughter-and-country-queen-dies/

I didn't hear this.
#5909
The Flea Trap / Re: Money Sense
October 02, 2022, 09:50:26 AM
Buy, buy, buy. The end of tightening is at hand.



Stocks look good now as the Federal Reserve appears close to ending its tightening, according to Jim Paulsen. Inflation has already rolled over and will continue to decline, the Leuthold Group's chief investment strategist said.

"Historically, peak inflations have been very good times to buy the stock market," said Paulsen.



Wall Street strategist Jim Paulsen said the Federal Reserve's tightening campaign may be close to finished as inflation has already peaked, which historically has been a good time to buy stocks.



While Fed officials have said they are committed to bringing inflation down to their 2% target, Paulsen said their work is nearly done.



"I don't even know if the Fed has to do anything anymore," he said. "I think the war with inflation has probably been won, we just don't know it yet. Historically, peak inflations have been very good times to buy the stock market."



He noted the S&P 500's valuation is at relatively low levels, and that investor sentiment is very pessimistic, which is often seen by market contrarians as bullish for stocks.
#5910
The Flea Trap / Re: Money Sense
October 01, 2022, 10:37:37 AM
While September was a brutal month for stocks, October tends to be a "bear-market killer," associated with historically strong returns, especially in midterm election years.



Skeptics, however, are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.



U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500 recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average fell 8.8%, while the Nasdaq Composite on Friday pushed its total monthly loss to 10.5%.
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