I feel like a passenger on the Titanic who discovers that the Captain has ordered the crew to stop bailing and instead to use dynamite to enlarge the fissures caused by the iceberg. And all the while, the band plays on.
I am so disappointed in America. First Uncle Sam drafted my ass into the Army during the U.S. invasion of Vietnam and now they elected Trump. I’m 80 years old now and I still just want peace and love.
Nothing is stopping you. You don’t have to follow any of this. Find the peace inside your self and commit to that. That can help others too. Everyone isn’t cut out to be an activist. Read “A New Earth” by Eckhart Tolle.
I hope the young and strong people are organizing to win back our democracy. And may it be a much truer democracy than before.
Thank you Susan. Your advice comes at a good time for me. Looking forward to reading the book. I realize that I deserve peace and to have this I must get over my survivor guilt and my anger over the election.
Simply choose peace every minute. Embrace every moment with love as though you chose it. Don’t dwell on good and bad. Stay with the truth of what what is at all times. Don’t worry if you forget. Just keep at it and be peace now. I wish you the best, Wundaboy.
Maybe I'm simple-minded compared to these financial wizards but how is crypto any different than the magic beans in the Jack and the Magic Beanstalk fable? And if it's such a solid investment why is the only woman touting it Melanie, the First Lady Grifter?
On my first reading of the new word, $Melania I could hardly believe my eyes that she would allow that name. It reminded me of the jacket she wore during the days of the separation of children from their parents at the border. The jacket read “I really don’t care, do you?”
Is she completely tone deaf? Or is she a captive who is being punished for not getting with the program willingly.
One thing about malignant narcissists is they MUST be with a woman, a “beautiful” woman that is used to let others know “who he is”. I wonder what she thought when Ivana was whacked, er, I mean, had a tragic accident?
The whole article (on Slate) is wonderful. I have spent ten years trying to figure out what makes crypto so attractive to own and could not ever rationalize it. You have explained perfectly, and finally, that my instincts are right and there is NO THERE, THERE. And the rich will just rape the Treasury with their made up Coins whose value is whatever the rich say it is. The value is ZERO until it is converted to dollars, which will be used to empty Ft Knox.
Not that long at all. It will hit suddenly and destroy financial markets. When it hits Trump will do a full Herbert Hoover and go to full suck mode. Nothing sucks like a Hoover. I need to read the full article.
I have no objection to idiots with more dollars than brains investing their own money in crypto. If they get scammed, tough. Where I have an objection is if banks, retirement systems, or government treasuries trade dollars for crypto. I hope that the people who manage other people's money learned their lesson in 2008.
Well…this was totally uplifting! I’ve truly entertained spending time in Europe this winter and Spring. I was there before when they were not thrilled with Americans, and I fear keeping my head down and whispering, won’t cut it this time. My “Not My President” button is in English…dead give away. If I cash out my meager IRA, I’ll suffer penalties. But if Cypto’s a comin’, I’m already in trouble. I do not and will not have anyone’s meme coin. What. Do. We. Do?????
Cold here in MD, too. Get your seeds together and make a plan. If you have friendly neighbors, you can collaborate to grow more of a variety. It works...I do this every year, and barter for game meats. Chickens are great to have...one or two will give you plenty of eggs. Two months until April!
Okay, I don't want to be preachy, but chickens are fine. You can tell if there is a problem with a bird if they seem disoriented and walk unsteadily. Also, if they are listless and won't eat. This is easy to spot, and if it occurs, the only recourse is to euthanize so it doesn't spread to other birds, wild or domestic. And use good, consistent hygiene...for you and your birds. Having a few chickens is not so much of a health hazard, it's the big farms that can cause big problems.
Let's face it, we're going to have to use common sense and become more self-reliant if we want to get through the next uncertain years.
When we've been in Europe (only a few times) we're usually taken for Canadians or British cause we don't look, act, or talk like the typical "Americans" Europeans normally encounter. I seldom bother to correct people, I'm happier in their mistaken ID and it saves a lot of grief.
PS: And in a kilt -- I often pack a set of Highland clothes for special events or places, I'm a piper and I have the right of blood and music -- it's remarkably easy to be presumed a Scot! Which is almost always a good thing, unless a Scottish football team is in town....
You are so right. We spent many years working and on holiday in northern Italy and were often presumed to be Canadian. Which was fine. Particularly as I watched Americans being loud and rowdy. Not only 20 somethings, but people who were old enough to know better. Probably the same gene pool that produces MAGA members.
I don’t have “Euro envy” but many years ago on trip to Paris my wife and I were walking to dinner on the Champs- Elysees. We were dressed up; me in a suit, tie and top coat, she in a fashionable dress and coat. From about 100 yards in front of us were three couples wearing colorful track suits talking really loudly in English and walking towards us. As they got closer I realized they were from our neighborhood in NYC. They didn’t see us and, not wanting to disrupt our romantic evening, we decided not to approach them. “Ugly Americans” came to mind and we were slightly embarrassed by them so we pretended to be Parisians for the rest of our trip.
Lucian, things are spiraling out of control with this clown show in charge, and it’s getting worse by the day.
With no one truly running things or thinking about the big picture, any number of issues could come back to bite them.
Just remember how mump handled COVID-19—even with some sane people still around him. If bird flu ever takes off and turns into a bona fide pandemic, there won’t be anyone reasonable left to manage the crisis.
Glad to have you back, Lucian, and I hope you are feeling better.
I don't know who said it, Warren Buffett? but it was solid gold advice: "Do not invest in what you do not understand." And this $WTF is going to be the least of our problems. But then, a dementing madman is the president. I know it's a little early for this kind of talk, but he must be impeached.
Actually, Margo, there's a way to eliminate the Felon-in-Chief permanently, but I'm not allowed to state it openly. It should happen much sooner rather than later.
First, eliminate taxes on the rich and replace the revenue with tarrif fees paid by consumers.
Then, freeze all outgoing federal spending that supports business operations, salaries and benefits for 25-50% of the economy.
Then, create a financial bubble in digital (ie non physical) currency (for lack of a better word) that’s not even printed on paper with a written obligation. That you can’t see, touch, or smell. That’s only available to you AFTER you pay exorbitant transaction costs.
Or, even better, give me your money for another shiny fake coin that you can’t even use until I say so. And even then I get to keep 8% of its value.
It should implode before another few weeks.
Or, maybe it was like all the other blowhard antics that never happened.
Quite so. For the record, substack lets you edit or delete a comment after you post it. The icon is the three dots flush right on the same line as your name. (Works for most users, not all.)
I feel like a passenger on the Titanic who discovers that the Captain has ordered the crew to stop bailing and instead to use dynamite to enlarge the fissures caused by the iceberg. And all the while, the band plays on.
And there's a whole bunch of fellow passengers chanting "Blow it up! Blow it up!"
Great description! I’m getting seasick!
How long till the next big crash?
I'd give it 3.5 years, just in time for a Democrat to win the White House in 2028 and spend their entire term fixing the mess. It's a pattern.
I am so disappointed in America. First Uncle Sam drafted my ass into the Army during the U.S. invasion of Vietnam and now they elected Trump. I’m 80 years old now and I still just want peace and love.
And you deserve it.
Peace brother
Deservingly so Wunda!!
Nothing is stopping you. You don’t have to follow any of this. Find the peace inside your self and commit to that. That can help others too. Everyone isn’t cut out to be an activist. Read “A New Earth” by Eckhart Tolle.
I hope the young and strong people are organizing to win back our democracy. And may it be a much truer democracy than before.
Thank you Susan. Your advice comes at a good time for me. Looking forward to reading the book. I realize that I deserve peace and to have this I must get over my survivor guilt and my anger over the election.
Simply choose peace every minute. Embrace every moment with love as though you chose it. Don’t dwell on good and bad. Stay with the truth of what what is at all times. Don’t worry if you forget. Just keep at it and be peace now. I wish you the best, Wundaboy.
Maybe I'm simple-minded compared to these financial wizards but how is crypto any different than the magic beans in the Jack and the Magic Beanstalk fable? And if it's such a solid investment why is the only woman touting it Melanie, the First Lady Grifter?
I like the name she chose for it, $MELANIA because when I read it hastily it looks like "SMELLANIA" to me, which seems much more appropriate.
HAHAHA!! Perfecto!
On my first reading of the new word, $Melania I could hardly believe my eyes that she would allow that name. It reminded me of the jacket she wore during the days of the separation of children from their parents at the border. The jacket read “I really don’t care, do you?”
Is she completely tone deaf? Or is she a captive who is being punished for not getting with the program willingly.
One thing about malignant narcissists is they MUST be with a woman, a “beautiful” woman that is used to let others know “who he is”. I wonder what she thought when Ivana was whacked, er, I mean, had a tragic accident?
The whole article (on Slate) is wonderful. I have spent ten years trying to figure out what makes crypto so attractive to own and could not ever rationalize it. You have explained perfectly, and finally, that my instincts are right and there is NO THERE, THERE. And the rich will just rape the Treasury with their made up Coins whose value is whatever the rich say it is. The value is ZERO until it is converted to dollars, which will be used to empty Ft Knox.
Rape is THE perfect word, Kate!
When Trump can explain what and how a blockchain works, then I might listen, until then all bets are off.
Lucian,
Not that long at all. It will hit suddenly and destroy financial markets. When it hits Trump will do a full Herbert Hoover and go to full suck mode. Nothing sucks like a Hoover. I need to read the full article.
Be safe and watch your six.
Steve Dundas
I have no objection to idiots with more dollars than brains investing their own money in crypto. If they get scammed, tough. Where I have an objection is if banks, retirement systems, or government treasuries trade dollars for crypto. I hope that the people who manage other people's money learned their lesson in 2008.
Short memories - sadly.
Well…this was totally uplifting! I’ve truly entertained spending time in Europe this winter and Spring. I was there before when they were not thrilled with Americans, and I fear keeping my head down and whispering, won’t cut it this time. My “Not My President” button is in English…dead give away. If I cash out my meager IRA, I’ll suffer penalties. But if Cypto’s a comin’, I’m already in trouble. I do not and will not have anyone’s meme coin. What. Do. We. Do?????
Plant a garden, learn to preserve what you can, and barter to stay afloat.
Garden must wait…it’s January in the northeast.
Cold here in MD, too. Get your seeds together and make a plan. If you have friendly neighbors, you can collaborate to grow more of a variety. It works...I do this every year, and barter for game meats. Chickens are great to have...one or two will give you plenty of eggs. Two months until April!
Chickens aren't so safe this year ... and there will be no agency to update us on the spread of avian flu! Seriously awful!
We're screwed at every turn!
Okay, I don't want to be preachy, but chickens are fine. You can tell if there is a problem with a bird if they seem disoriented and walk unsteadily. Also, if they are listless and won't eat. This is easy to spot, and if it occurs, the only recourse is to euthanize so it doesn't spread to other birds, wild or domestic. And use good, consistent hygiene...for you and your birds. Having a few chickens is not so much of a health hazard, it's the big farms that can cause big problems.
Let's face it, we're going to have to use common sense and become more self-reliant if we want to get through the next uncertain years.
I live in a townhouse where even dogs are verboten. I don’t think i can have chickens!
Keep cash on hand, enough to get you through a tsunami or an economic meltdown, whichever comes first.
Could there ever be enough cash on hand to get through the terrible toddler regime?
Keep a booze cellar that you can trade from!
The problem always being thieves or roaming gangs will come and steal your supplies anyway, if things break down that badly.
It could happen!!
When we've been in Europe (only a few times) we're usually taken for Canadians or British cause we don't look, act, or talk like the typical "Americans" Europeans normally encounter. I seldom bother to correct people, I'm happier in their mistaken ID and it saves a lot of grief.
PS: And in a kilt -- I often pack a set of Highland clothes for special events or places, I'm a piper and I have the right of blood and music -- it's remarkably easy to be presumed a Scot! Which is almost always a good thing, unless a Scottish football team is in town....
You are so right. We spent many years working and on holiday in northern Italy and were often presumed to be Canadian. Which was fine. Particularly as I watched Americans being loud and rowdy. Not only 20 somethings, but people who were old enough to know better. Probably the same gene pool that produces MAGA members.
I don’t have “Euro envy” but many years ago on trip to Paris my wife and I were walking to dinner on the Champs- Elysees. We were dressed up; me in a suit, tie and top coat, she in a fashionable dress and coat. From about 100 yards in front of us were three couples wearing colorful track suits talking really loudly in English and walking towards us. As they got closer I realized they were from our neighborhood in NYC. They didn’t see us and, not wanting to disrupt our romantic evening, we decided not to approach them. “Ugly Americans” came to mind and we were slightly embarrassed by them so we pretended to be Parisians for the rest of our trip.
Bend over and kiss your ‘bottom’ (I’m keeping it clean) goodbye!
You can say “arselington” It’s very effective.
Lucian, things are spiraling out of control with this clown show in charge, and it’s getting worse by the day.
With no one truly running things or thinking about the big picture, any number of issues could come back to bite them.
Just remember how mump handled COVID-19—even with some sane people still around him. If bird flu ever takes off and turns into a bona fide pandemic, there won’t be anyone reasonable left to manage the crisis.
Glad to have you back, Lucian, and I hope you are feeling better.
Hear, hear!!!
I don't know who said it, Warren Buffett? but it was solid gold advice: "Do not invest in what you do not understand." And this $WTF is going to be the least of our problems. But then, a dementing madman is the president. I know it's a little early for this kind of talk, but he must be impeached.
Actually, Margo, there's a way to eliminate the Felon-in-Chief permanently, but I'm not allowed to state it openly. It should happen much sooner rather than later.
One can hope for, and say, openly, "cholesterol."
We’re pretty much fucked.
Crypto? Is he nuts? Oh wait never mind…answered my question.
If Drumpf is all in on something, you can bet it's nuts and/or illegal.
Crypto is nothing but Dutch tulip bulbs.
https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp
Our version will be worse as Trump is at the helm, ranting.
Let’s see, hmmm
First, eliminate taxes on the rich and replace the revenue with tarrif fees paid by consumers.
Then, freeze all outgoing federal spending that supports business operations, salaries and benefits for 25-50% of the economy.
Then, create a financial bubble in digital (ie non physical) currency (for lack of a better word) that’s not even printed on paper with a written obligation. That you can’t see, touch, or smell. That’s only available to you AFTER you pay exorbitant transaction costs.
Or, even better, give me your money for another shiny fake coin that you can’t even use until I say so. And even then I get to keep 8% of its value.
It should implode before another few weeks.
Or, maybe it was like all the other blowhard antics that never happened.
Except to the people who can’t afford the dues.
Should have been 80%, but you get the idea
Quite so. For the record, substack lets you edit or delete a comment after you post it. The icon is the three dots flush right on the same line as your name. (Works for most users, not all.)
Thx
Smoke and mirrors, that's what.