Screwball

Ohio resident, lifelong Steeler fan. Mostly due to living in rabid Browns country. I'm also old, and the early 70s Steelers kicking the snot out of the Browns was really sweet. They run a good organization best I can tell, and have for a long time. Since Chuck Noll in 1969, they have only had 3 head coaches. That's pretty impressive in and of itself.

So a pol ****ed people? No, tell me it ain't so!

Quit digging.

Are you serious? I want some of what you are smoking. We are 38 trillion dollars in debt, and pay interest on said debt. From FRED, and I shouldn't even have to do this; https://fred.stlouisfed.org/series/A091RC1Q027SBEA And even on the 2 percent BS, that's a double every 36 years. Exponents are a bitch. You should know that.

We can't and won't inflate our way out of debt. That's just silly.

I've known quite a few guys over the years that were badasses. But they didn't start stuff. Good thing. One did the tough man contests. He was one of those 6'2ish type guys going about 220 who was a freak of human nature. And you couldn't hurt him if you hit him with a board. Great guy, ran his own business, but a neanderthal. Not him, but another guy I knew, was in a bar after work one night with a bunch of us. Some guy walked in, got a beer, looked around, and said; I can whip any mother(bleep)s ass in here. Guy I was sitting with says; you might be able to whip my ass but I'm not a mother(bleep) and off they went. I'd rather just drink beer and watch the entertainment.

NO, tell me it ain't so!!!!!! Jesus H Christ - anyone with two brain cells know how this works since the beginning of credit and interest. I'm glad I'm old.

Wild. Unrelated, but I wonder how many people have been in a fight. I spent years bartending as a second job, so it was kind of common to see them in that environment. Instant asshole, just add alcohol, and off they go. Most of the ones who started them, shouldn't have. They couldn't beat up their sister. Just stupid. Getting beat up hurts and is no fun. Some people like it and get a kick out of it - or they are stupid and start something they can't finish. There are bad asses and dumbasses. Don't be the dumbass. You're welcome.

Back in the day...let me think...1972/1973. We had a place called Midnight Auto Supply - the local junk yard. We would go out there around midnight with a flashlight and some tools and steal auto parts we needed for our car. They didn't have a dog. Good thing. Junk yards were a big thing back then. There was a huge yard in Crestline, Ohio, home of Gates Brown.

This is too funny. It looks like a mafia Don (no pun intended) leaning on their enemy. Mis-spent money charges if I read this right, about a renovation at the Fed? NO, that never happened in the history of the good old U S of ****ing A (not only the Fed but any .gov project). Too funny, but I digress... He wants zero interest, so do many others. Easy and free money creates more money - credit is money. Sign the paper - you just created money. The more money you create the bigger the pie. Who controls the pie, who gets it first, and who knows how it works better than (drum roll) the banksters. Then there is the whole paying it back thing, or not... The ponzi must continue - enter Bill Ackman - hedge fund billionaire, and the response from the old Reagan budget director. Michigan guy if I remember right. I always get a kick out of him. Quite a wordsmith, like him or not. He won't be a nominee for the next Fed chair, and I will bet my entire life savings on that. 🙂

OK, I'm old and stupid, but if I'm reading this right, people are stealing wiper blades off cars at the airport? I know the catalytic converter thing was a thing 🙂 but wipers? I can't imagine that many people could even change a wiper. Usually the guy at the parts store does it.

The banksters always win. Remember, even when the stock market takes a ****, they make money by shorting it, and make even more money of others doing the same. As far as the cap thing goes. Price controls are never a good thing when you go back through history. A guy who was a regular in the investment board 3 boards ago, lived in Detroit, guy named Rhino, posted a really good article about price controls and how that kind of stuff worked throughout history. I have hunted for that article since and can't find it. They don't work. Not to get political here, but both sides have advocated for it (I have proof). At the end of the day it's all about feeding the credit/ponzi financial system we are all a prisoner of (maybe not all). I don't know how they can wave a magic wand and cap rates, but if they can and do, the swine bankers also have the option of not giving credit. Some may say it ain't the banks it would be the CC companies, true, but at the end of the day we are talking about credit and balance sheets and it all goes through the banks - especially the 21 (not sure how many now) broker-dealers of Wall Street. Those who run our world. I guess it all boils down to what you think is good or bad when it comes to the issuance of credit. Interest compounds. Exponents are a bitch. ON EDIT: building on what Del said; they will just find another way to **** us, and their obedient servants in CONgress will gladly hide that in the next bill and nobody will ever know.

I'm guessing not. The banksters run the world, these ****wads are just the front men BSing the gullible population. If there is any fireworks it's all for show. Go back and watch the hearings when congress brought in the swine bankers after they blew up the financial system back in 09. It's all a show. People should have went to jail - or worse - they let them off like the worthless pukes paid off pukes they are. All on the same side. Everything else is theater. Trump is the perfect Al Czervik (Rodney Dangerfield of Caddyshack fame) for the con. No better distraction than a polarizing reality show creation like him. These people are laughing at us.

Good stuff. I've been here for 26 years, paid off long ago. Small place for the old decrepit crank that lives here since kids are on their own, so it's as cheap as possible to live in, and maintain. I have no idea what it might take to buy a house today. I can see the interest rates, but how much down, how many years, whatever the deal might be today? No clue. I'm also glad I don't have to deal with that decision.

Even here in Cornhole there is a footprint of PE (or someone like Blackrock (BLK)) buying homes and turning them into rentals. Not only here but many other places. It helps drive the price of rent up because it takes homes (and priced?) off the market. People here are paying over a grand a month for a 2 bed, one bath, and lucky if you have a garage. At the same time, I have watched homes around me sell for more money I ever dreamed possible, and it didn't take long for them to sell. I sure as hell wouldn't have paid what they did, given the house and rates at those times. One across from me has sold 4 times in the last 10-12 years. These were not big money. Not sure they were smart money.