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The clown show in the Eccles Building in D.C. continues. This is their math calculus. In Year ONE, if you spend 4 Trillion more than you collect you have a 4 Trillion deficit and a 4 Trillion Debt.
With me so far, those of you in Lodge Grass, Twin Buttes, Kyle, White Clay, White Shield, Wounded Knee, those bastions of intellectual curiosity, socialist thought and co-parenting with the United States Government? I lived in Indian country growing up, on or adjacent to 6 reservations. My father worked for the Bureau of Indian Affairs in law enforcement. The big war they're fighting on those reservations is internal - rape, elder and child abuse, gang violence, alcoholism, obesity, opioids, lack of parental oversight and the biggest joke of them all, getting "rich" at the casino with a something for nothing mentality.
I miss anything? Good, lets get back to FED math and roll.
So, if in Year TWO, you spend 3 Trillion more than you collected you have cut the deficit by 1 Trillion (25% right?) but you have exploded the debt to 7 Trillion and on and on it goes......Here, watch this for a couple of minutes if you want to see some numbers in action........
This is the government math that is eroding the buying power of every dollar you have today and all the tomorrows ahead.
Scary if you think about it but then most don't think, they are sheep waiting for reparations, a per cap check, welfare, EBT, you name it.
Like I have said many times before, the pervasive mentality that somehow the United States Government will do something for Indian Country that will cure the ills of Indian Country is a joke. A complete farce. People who are brought up to believe that work is for suckers and that they are entitled to food and shelter will never move up. This culture is huge in reservation settings. Exposure to the culture of dependence will stunt a child's work ethic for life.
Clinton, Bush, Obama, Trump and Biden have not and will not cure the massive diabetes issue, the rampant suicides, the gang violence, the vast numbers of illegitimate children out of wedlock, the lack of a work ethic, and surely won't break the cycle of poverty, addiction, moral courage and the suffocating absence of opportunity in Native communities.
The American Dream does not sneak up on you and hit you over the head with a baseball bat. If not here? Where? If not now? When? If not you? Who? Success is where opportunity and hard work meet. At 14 I was hauling bales working in a hot hay field in North Dakota. At 15 I hired out to a ranch in Montana while my parents lived on the Pine Ridge Indian Reservation. My summer job all through High school was working on that ranch in Montana. Pay was $200 per month working 6 days a week. My last year it increased to $300 per month. Wow. Trapped fox, coon, mink, muskrat, beaver, badger and coyotes in college. Try that on before class. Thankfully I own a ranch in Montana and enjoy that kind of work these days but there is NO money in it. Only the satisfaction of doing the work.As many of my friends know, I've been a big fan of gold. Gold and mining ETF's, PHYS and GDX specifically.
1. You say masks work
2. You wear a mask
3. If you are correct about #1, and you are doing #2, you have zero to complain about.The crew at Themis again knocks it out of the park! Sal and Joe and their book, BROKEN MARKETS was simply one of the best out there and on what is going on in the regulatory front. Here is their blog entry from 3/22!
Today is the day that market structure hits the streaming services. Two new shows will be airing that we think are both a must see.
1)The first is an HBO Max two-part documentary titled Gaming Wall Street featuring a good friend of Themis Trading, Dennis Kelleher, the CEO of Better Markets. Here is how Better Markets describes the documentary:
“This film has a fantastic, easy-to-understand explanation of the players and issues related to the 2021 GameStop trading frenzy. It also illustrates and understandably explains short selling, payment for order flow, the short squeeze, naked shorts, and phantom shares. Importantly, it ties these issues to the banking industry, the 2008 crash, regulatory issues, and the involvement of Reddit communities. Bottom line, it shows how the GameStop trading frenzy “pulled the curtain back” on what really happens on Wall Street, as Dennis says in the show.”
You can stream both episodes starting today on HBO Max today.
2)The second show The Problem with Jon Stewart will be airing on Apple TV+ starting today and will feature a segment which covers similar issues including zero-commissions, Reddit and payment for order flow. Here’s the one-minute trailer.
The piece will feature another friend of Themis, Danny Moses, as well as David Lauer and SEC Chair Gary Gensler. Considering that Jon Stewart was the originator of the famous HFT Cash Cow segment, we expect that this segment will have some comedic value in addition to its in-depth commentary.
Both these pieces prove our point that we made earlier in the week that the public still cares about issues like payment for order flow. As much as the big market makers and zero-commission online retail brokers want to sweep this issue under the rug, the fact is that it remains an open item that the SEC must and will address soon.
Hope you get a chance to watch these shows. We’re streaming Part 1 of “Gaming Wall Street” right now.
I, along with many other Americans used to fly DELTA.
Often. Knew many of you by name. You had a tough job for sure.
Your DELTA management team is pathetic. You know it.
Probably one of the worst management teams in the country.
A huge shout out to all of you for your recent attitudes in keeping mouths shut to guys (like me) who didn't wear a mask inflight. There were many of us.
We all knew where we stood and stood there.
The happiness exhibited on the second leg of my flight yesterday was great. From the guys upfront to all of you in the cabin, congratulations.
Of course, there was one kill-joy in your ranks, the punk kid sitting next to me and a pilot (Captain) hitching a ride to Nashville that simply love masking.
Good for them.
It's over.
The bullshit pseudo science experiment hoisted on the backs of America is toast.
TruthFreedomPeace Platform:
Imagine there was someone running for President and Congress in your state that supported the following policy platform: 1)Adopting an accurate,fair and transparent voting system, one where any citizen can verify their vote was counted accurately. 2)Replacing the income tax with Fair Tax or National Sales Tax or nothing 3)Securing the border,(Land,Air,Sea) 4)Ending the phony war on drugs, which causes more crime,death,murder,gang violence,incarcerations and enriches criminals while millions of people still use illegal drugs anyway. 5)Support IMMEDIATE pardons for Julian Assange,Edward Snowden and non-violent Vaccine mandate protesters and election fraud protesters & other truthtellers. 6)Making generic drugs like Ivermectin and Hydroxychloroquine available over the counter without prescription. 7)NO vaccine mandates 8)Sound money 9) Request that all states hold a vote regarding the issue of abortion. Remind everyone that many people object to abortion because a fetus is a human being and they object to them being killed in the womb for the same reason they object to that same human being being killed after they are delivered from their mother's womb. Ask everyone to please stop killing innocent human beings in the womb. 10)A new foreign policy where rather than military occupation in foreign lands, We The People worldwide unite behind and promote the principles of truth/freedom..
So, if you want a great breakfast experience in Nashville, TN I have a solid recommendation for you.
DO NOT GO to this restaurant. Don't even think about it.
We (party of 4) had made a reservation for the 10 a.m. opening on April 10th. Two of us ordered the Steak Medallion Breakfast. Both of us did NOT get a single egg! I know there is an egg shortage but whoever they drug in to cook their breakfast food didn't have a clue that eggs were part of this entre'!
We arrived early and were seated immediately. It was very cool to cold in the restaurant and fans were blowing cold air down on our table. We politely asked the staff to turn off the fans and they said they could not but would turn on the heat. Yeah, sure, right.
There was no salt or pepper shakers on the table nor was any ketchup offered or brought with the 4 entree's.
The food was half cold and tasteless at best.
This eatery is the single most overpriced restaurant I have had the displeasure to dine in over my short 67 years. What a disaster in taste, pricing and value.
I would urge you to save your dollars and never enter this rip-off joint unless you just want to drink and enjoy the live music.
The food prices are simply outrageous but the quality of the food was worse.