October 5, 20223 yr 8 minutes ago, VanHammersly said: I wouldn't worry about it. I think we're looking at a Braves repeat. You'd like that, wouldn't you, Mr. Carolina?
October 7, 20223 yr Saw this graph on some tweet which I now can’t find. The trend line going back to the 1970’s has us at $200 Trillion in debt by the end of the decade. That’s not including unfunded liabilities… Exponential growth of debt is a hell of a drug.
October 8, 20223 yr 12 hours ago, ToastJenkins said: Does that account for everything the fed is holding? This is the on balance sheet debt of the federal government — basically the official national debt. It does not include entitlements. The Fed holds ~$5.6 trillion of the total ~$30 trillion in federal debt.
October 13, 20222 yr CPI number came in hot again today and that's with gasoline falling in Sept. Now fuel costs are on the rise again and may break through previous highs by year end. Buckle up.
October 13, 20222 yr 53 minutes ago, The Norseman said: CPI number came in hot again today and that's with gasoline falling in Sept. Now fuel costs are on the rise again and may break through previous highs by year end. Buckle up. Sucks. But regarding fuel breaking through previous highs….doubtful.
October 13, 20222 yr 16 minutes ago, Bacarty2 said: cant wait to see the faces and comments when people start filling up there oil/propane heaters in the next couple weeks $11/gal, here we come!
October 13, 20222 yr Not surprisingly, rising inflation has now increased the Cost of Living Adjustment within Social Security by 8.7% (largest hike since 1981)...thus advancing the program's anticipated insolvency to 2034. On top of that, rising interest rates will raise the federal government's borrowing cost and make it significantly more expensive for the government to make payments on the immense debt load already associated to Social Security. https://www.wsj.com/articles/social-security-cola-increase-what-it-means-for-your-benefits-11665573391 What a mess
October 13, 20222 yr 4 hours ago, The Norseman said: CPI number came in hot again today and that's with gasoline falling in Sept. Now fuel costs are on the rise again and may break through previous highs by year end. Buckle up. All is well. All is fine!
October 13, 20222 yr 3 hours ago, DaEagles4Life said: lol… This is what the WH has resorted to. Good luck with that.
October 13, 20222 yr Careful, the board Libertarians might be forced to counter with completely irrelevant memes.
October 13, 20222 yr 50 minutes ago, DaEagles4Life said: Dimon's been saying this consistently for a while, and he's 100% right. Smacked one of the idiots in Congress over it.
October 13, 20222 yr 9 hours ago, The Norseman said: CPI number came in hot again today and that's with gasoline falling in Sept. Now fuel costs are on the rise again and may break through previous highs by year end. Buckle up. The good news is that retailers are overstocked for the holiday season, so expect lower prices on gift items like electronics and clothing. The bad news is they all massively cut orders, so there will probably be shortages down the line.
October 13, 20222 yr If you can't sell them, collect the insurance. Brownstown Police Lt. Andrew Starzec told Fox News Digital that it was too early to tell whether the thefts on Wednesday evening were part of a larger car theft ring that has targeted that same assembly plant and others in the Detroit area. Four Mustangs were stolen out of the same assembly plant on Tuesday evening, and a dozen Mustangs were stolen there last month, according to Fox 2 Detroit.
October 14, 20222 yr 17 hours ago, The_Omega said: Careful, the board Libertarians might be forced to counter with completely irrelevant memes.
October 14, 20222 yr On 10/13/2022 at 9:45 AM, Bacarty2 said: cant wait to see the faces and comments when people start filling up there oil/propane heaters in the next couple weeks They really shouldn't have waited. I filled up last month and timed it perfectly, got it at $3.879. My buddy who is a hopeless conspiracy theorist kept telling me about how he thought prices would keep dropping until Election Day and then mysteriously start rising again after the midterms. I basically said that it was the time of year when heating oil typically spikes in response to demand as the weather changes, but also that the situation in Europe was likely to exacerbate this. I had to check back with a couple of weeks ago, after oil had gone up over a full dollar per gallon since I bought it in mid-September. He again spouted off some nonsense about the prices were "gonna go up right after midterms like I said." I was like, "ummm, dude, they've been going up for the last three weeks, and midterms are still a month away, so I think that theory failed." Then he just deflected "At least they have something to blame it on," referring to OPEC. Some people just can't help themselves. I just was trying to save this guy money by telling him it was time to buy, but he just kept digging in on conspiratorial nonsense. I told him that it'll probably reach $6 a gallon this winter, and we're already close. This guy will pay probably close to $600 more to fill up his tank now, but even though I tried helping him strategize, I'm sure he'll blame it on the government. Word of advice is to try to always buy your oil between May and September, if you can. I've found that heating oil prices are highly seasonal, but global affairs are making that much worse right now.
October 16, 20222 yr ‘America is going to shut down if we shut down’: The Mississippi River’s water levels are near record lows, and it’s wreaking havoc on one of the U.S.’s most critical supply chains Fri, October 14, 2022 at 4:43 PM Traffic jams and stuck barges are clogging up a critical artery of the U.S. economy, as a prolonged drought pushes the Mississippi River’s water levels to near-record lows. Around 500 million tons of supplies are ferried along the Mississippi River every year with trade value worth $130 billion, according to the Port of New Orleans, mainly agricultural products, like corn and soybeans, along with fuel products. The Mississippi River Basin produces more than 90% of U.S. agricultural exports, according to the National Park Service, and nearly 80% of the world’s grain exports. But all that is coming to a standstill amid historic drought conditions that are making the river untraversable for most shipping barges. River levels are now at their lowest level in a decade after historically low rainfall in recent months, becoming the latest supply-chain snag to hit the U.S. "America is going to shut down if we shut down,” Mike Ellis, CEO of American Commercial Barge Line in Indiana, told the Wall Street Journal this week.
October 18, 20222 yr 9 hours ago, The_Omega said: If Biden is the inflation king, then he is also the job creation king. I don’t believe he is either but if you believe one you have to believe the other. Notice too that inflation started its upward trend during the Trump admin
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