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Jeepguy
Posts: 308
Incept: 2020-02-07

Ohio
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@Zappafan
Welcome, thanks for reading!
Small business, well if they take food stamps, wic, or if they're an independent doctor whom takes Government insurance, they too are on welfare!

The Government has taken over!
Aquapura
Posts: 1212
Incept: 2012-04-19

Minneapolis
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My wife's quarterly 401k statement just came today. Total balance over Q2 is up over 20%. Some of that was new contributions but the market gain alone is far above any long term average. If she went to cash when the S&P peaked in mid-Feb she'd be marginally ahead but that crystal ball would've only gained a couple thousand. What's more important is the bottom line number keeps growing. To most simpletons that's all that matters. Sure the market is a rigged casino but so long as I have that paper balance that Fidelity or Vanguard or whomever says I can someday retire with $8k/mo (or whatever) I'm feeling good. Don't discount how much that placates a lot of the middle class. I truly think the market has a big role in why we haven't seen torches and pitchforks. As Gerald Celente says when people have nothing left to loose, the loose it. While I think a lot of the BLM crap is political agenda supported by useful idiots, I do think there are actual protesters that are part of an underclass, but the power brokers know that revolution won't happen until the more educated and organized middle class gets pissed. Keeping the markets high, credit flowing, etc. is part and parcel to keeping us fat and happy. If everyone opened that statement and saw a -20, 30, 40% and had an oh-**** realization that retirement is an enigma...I bet we wouldn't be talking about mask wearing so much.
Jeepguy
Posts: 308
Incept: 2020-02-07

Ohio
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@Invisiblesun
Well I stated numerous times since February-March that the covid crap is nothing more than largely an inventory problem...

remember that China trade deal that never happened, we keep hearing about is on and off again for the past 3 years?

who's to say they didn't slow down parts so we can't even assemble ****, who's to say that they didn't straight cut us off in many things?

My father works at home Depot and he's talked about how there's an inventory problem...

My dad's been there year and 4 months when he started last April they found empty spaces on the shelf that hadn't been stocked in a year!

I myself have had businesses with my dad I have corporate retail management experience I've been in retail off and on ever since I was a kid and I can tell you I know what a an inventory deficiency looks like!

I mean it's pretty bad...

and of course yeah I also find it extremely creepy that most of these large corporations are helping to push the covid crap...

notice how everyone of these stores had all those stupid face Shields at the cash register ready to go notice how they had all the dumbass railing set up in front of the front door notice how they had all this crap that basically seemingly just came out of the back of the store ready to go plus all of the signage was printed up immediately!!

I find that to be disturbing creepy because why would they want to partake in something that would damage their current business?

See I have thought for a hell of a long time damn near ten years that the top executives in retail know something that the general public doesn't seem to know...

if you go back and you look at the retailers balance sheets especially their debt,look at it from the late 90s to 2005 then look at it from 2005 clear through to today you'll see that they have purposely driven these companies into a ditch by taking on huge sums of debt they quit giving a **** and I find that disturbing they're not even attempting to stay in business!!

Basically it's like it's the last mad dash for cash before the whole damn thing goes to crash!

But of course it's more than said that the other side of the crash, that the cash would be useless so why are they grabbing up what's going to be useless on the other side of things?

Greenacr
Posts: 105
Incept: 2016-03-15

Northern Ohio
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@ Invisiblesun "Concerning Inventory issues"

Whirlpool Manufacturing near me ran through the shut down but struggled with production due to staffing, lack of temps ($600 UE bonus) and supply chain. I hear they are similarly backordered. Has to be a short term bounce back in manufacturing.

I went to Lowes for another Upright Freezer. None in stock here in N. Ohio. An employee at Lowes says they can not keep treated lumber in stock cause everyone is trying to build/repair decks since they are trapped at home.

Whitehat
Posts: 2723
Incept: 2017-06-27

Gone West
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companies can also hold back inventory under the guise that there is a COVID shutdown related shortage. When everything is bull****, there is no limit to *******-ery.

We do not have inflation. It is not possible as the cost of living produces demand destruction. Things cost more due to some devaluation, but a part of it is companies making up for lower volume. Low rates are there to encourage activity, but there is only so much debt that works like a drug. When people and businesses cannot handle more, the things do not inflate. Hell, they could try to pay people to borrow. If they and corps cannot handle more payments, activity simply stops, hence deflation.

Something that i mentioned earlier this year. Certain industries will experience about two years of high volume and profits, like real estate sales and property speculation. They will then hit the crapper when the incremental payments cannot be handled anymore plus the debt cannot be rolled. ZIRP tends to do this.

Use these years to liquidate and take profits to be in a more secure, less overhead position.

If I am wrong, apologies in advance. Just do not like seeing good people ruined.

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Keeping the underground economy keeps the peace and allows rebellious elements to protest their condition without actually protesting the government.

What were you doing over the years as your children's future was being destroyed? Do not expect them to fix your mistakes or tolerate you for them.
Burke13
Posts: 120
Incept: 2010-02-22

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Let's not forget that the Government dropped $2 Trillion on the market via the CARES act with the Federal Reserve adding another $3 Trillion to their balance sheet from 2/26/20 to 6/10/20 (they did in four months ($3T) what took them from 2008-2013 to do during the last recession). So, $5 Trillion total, plus leverage for the portion (50%+ at a 10:1 or higher ratio?) that went to the banks, then flowed into the market.

That said, the Fed's balance sheet has actually dropped by 3% since June 10th as they have finally gotten out of the REPO market (for now?). I guess all this money printing has made all that REPO collateral, which no banks wanted to hold "overnight" for the last 10 months at less than 8-10% rates, good again.



Toddmeister
Posts: 113
Incept: 2009-08-10

Bay City, MI
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Mr Business: Ya wanna MAKE me wear a mask?

Ya hear that sound? That sound is my wallet snapping shut.

I've had enough of this schitt.

Toddmeister
Posts: 113
Incept: 2009-08-10

Bay City, MI
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RE: finding deck boards---

Yeah a few weeks ago I was trying to find a deck board to repair a warped ramp board at my mom's place. Oh hell no none to be found at the big box stores.

I ended up finding some at a local-to-my mom's place small lumber supply.
Yurtfreak
Posts: 3
Incept: 2019-09-18

Phoenix, AZ
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Quote:
I guess all this money printing has made all that REPO collateral, which no banks wanted to hold "overnight" for the last 10 months at less than 8-10% rates, good again.

So... a new owner/buyer was found for all that collateral that no one wanted?

I mean, it didn't just disappear, and it didn't magically become good collateral overnight... so where did it go?

And what happened in September, anyway? Why did the repo start up like that?
Kfell
Posts: 149
Incept: 2014-09-09

New Hampshire
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Ok riddle me this ticker forum...

I finally put the check in my mail box for my 2019 taxes yesterday at 8am. The mailman came at 9am and picked up the mail. I checked the balance of my bank account today at 1:55PM and the IRS already has my money. How the hell does that happen? And yet people are still waiting for their stimulus checks. (I'm not eligible for anything by the way).
Rollformer
Posts: 943
Incept: 2013-02-13


Online
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Yurtfreak: I suspect the Fed bought that collateral outright.
Bearcubs9497
Posts: 65
Incept: 2017-02-01

Huntsville, AL
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that *****-bitch of a governer (alabama), kay ivey, went full ****tard today and has MANDATED masks for all when out in public.

i WON'T wear one. nor will i spend one ******ned penny in this state
Kfell
Posts: 149
Incept: 2014-09-09

New Hampshire
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Try buying a jet ski right now. I have been in the market for jet ski for the past 9 months scouring craiglist and having friends scour facebook marketplace (I don't have a FB account). People are asking for a schitt ton of money for 10-15-20 year machines. So i reluctantly started looking at brand new models. Finally decided to go with the Sea Doo Spark a relatively inexpensive model starting around $7k new. Started calling dealers and after 8 dealers in northeast finally stopped. Everyone has been sold out for weeks. Bombadier shut down production due to covid and once they reopened, they started to make snow mobiles and atvs and put off jet skis. I guess I have to wait for the covid squeeze to happen in the fall when the 1st payments are starting to come do.
Redjack
Posts: 405
Incept: 2018-01-29

Iowa
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Zappafan

Gm dealer here in town has very little inventory. Delivery times are 8 weeks "Maybe".

Lots of people are looking at the fall and wondering how bad the winter will be. I think TG said "We have seen the explosion, heard the boom, and don't know how bad the damage is yet."

My orders are WAY off. Contractors are canceling orders, or just refusing delivery.
Reformedhippy
Posts: 10
Incept: 2020-07-01

Rural, OK
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@Purplefang, @Tickergroupie, @Nickdanger, well, our state is now going full retard. Stitt's got the 'rona and OKC is probably going to go mask mandatory today. Sam's and Walmart are requiring masks in all stores as of the 20th. I won't be stepping foot in any city again in a long, long time. However, out here in the country it is still full resistance with very few exceptions. I spoke to a contractor at my house today and learned that many towns in the area are home to militia leaning folk. The problem is that they think they can use a Facebook chat group and wear matching T-Shirts and nothing will go wrong with that plan. I'm all for some kind of mass act of defiance but how to connect and congregate without being marked and squashed? Curious about your thoughts on the matter, everyone else's in the forum too for that matter.
Zappafan
Posts: 4117
Incept: 2007-11-30

Atlanta
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To anyone playing with the "markets" I will give a warning based on my understanding of psychology. The only thing really holding up the numbers is the belief that "The Fed has my back" and "nobody else is selling." The minute the herd gets a whiff of the smell that there is a big selloff coming, they will panic and run.

We don't know when, of course, it could be another few months or years even.

Or tomorrow.

But I do know that the Fed has engaged in criminal activity and their actions guarantee that the economy will rot out from within. You can forget about any kind of innovation or risk taking. It's zombies all the way down.

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"I rule on land, air and sea, pass judgment on humanity
Winds blow from the bowels of hell
Will we give warning, only time will tell
Satan rears his ugly head, to spit into the wind": Megadeth
Frat
Posts: 3017
Incept: 2009-07-15

NKY
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Regarding the inflated COVID testing numbers, riddle me this (as I have multiple acquaintances I trust, including one I sleep with): if you test positive, but need a negative test to return to work, so you get test 4 more times before you get your negative, how many positive COVID cases is that?

Well, it SHOULD be 1 case, because you're the same ****ing person. WRONG! That's FOUR positive cases, bitches. WEAR YOUR MASK OR KILL GRANNY! (****ing *******s!)


In terms of "Where's the beef?" with guns and ammo, I have no clue. The local shop (good dude, waived transfer fees, I support him when I can) has zero extended Glock mags and ABSOLUTELY no stripped lowers, despite being 3 miles from a major manufacturing plant for same. He's the first to get any extras off the line, since most of the employees go to him for guns. Nada. None. Zilch. Zippo. He cannot buy, beg or blow even stripped lowers off of them. So where does that leave us?

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We're ****ed. Where's Henry Bowman when you need him?
Nickdanger
Posts: 877
Incept: 2011-06-12

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@Reformedhippy,
Quote:
@Purplefang, @Tickergroupie, @Nickdanger, well, our state is now going full retard. Stitt's got the 'rona and OKC is probably going to go mask mandatory today. Sam's and Walmart are requiring masks in all stores as of the 20th. I won't be stepping foot in any city again in a long, long time. However, out here in the country it is still full resistance with very few exceptions. I spoke to a contractor at my house today and learned that many towns in the area are home to militia leaning folk. The problem is that they think they can use a Facebook chat group and wear matching T-Shirts and nothing will go wrong with that plan. I'm all for some kind of mass act of defiance but how to connect and congregate without being marked and squashed? Curious about your thoughts on the matter, everyone else's in the forum too for that matter.


Yeah, our wonderful mayor is supposed to come out with a mask mandate for Tulsa later this week after a vote by the city council. I'm sure this announcement by Stitt will be the push in that direction. He has been getting a lot of pushback evidently, but I'm sure the Karens are outscreaming the no-mask crowd. I was hoping it wouldn't come to this, as many businesses that had mask mandates have begun to back off lately.

I'm not on FB and would not trust it for any organizational plans at all. The only way I can figure out to deal with it at this time is to vote with my dollars and shop elsewhere, even if it involves a little more time. I've also been making a mental note of the virtue signaling companies and won't do business with them or buy any of their products. I guess that doesn't leave me with many ways to spend money, does it? Not sure what else to do at this point.

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Grammar: the difference between knowing your **** and knowing you're ****.
Tickerguy
Posts: 166299
Incept: 2007-06-26
A True American Patriot!
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Yeah it's supposed to be one, but you know ******ned well it's not.

Quote:
He cannot buy, beg or blow even stripped lowers off of them. So where does that leave us?

Right where we were when Obama was President. You either own 'em or you don't, and if you don't and need or really want one, well, your only option is to kill someone who has one when they're not suspecting your aggression (otherwise they just shoot you) and TAKE THEIRS.

Needless to say that's not going to be a good thing if it happens.

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If you will not force justice to be done by any means necessary when over 50,000 are murdered by political hacks from both parties do not complain or expect my help when you or someone you love dies at their hand. -- Me
Supertruckertom
Posts: 3840
Incept: 2010-11-07

USA
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Reformedhippy, ignore the Larpers plans on Facebook but use them to gather Intel and use social Media for IFF, Identification Friend or Foe.

Rule #1 All cops will take the paycheck and your life if they have to.
Rule #2 Even cops that are Family will choose the paycheck over your life.
Rule #3 Family will turn you in to the cops before strangers, especially if they are "Good Christians" that worship government.
Treat government employees as if they are cops.
Trust me, I am married to one and moderate my opinions to preserve her sanity and stress levels.
She doesn't like hearing that she works for the enemy and that the paycheck will eventually be used as leverage against her and it cannot be counted on since she isn't a cop and her agency is near the bottom of the pecking order and not well thought of right now.

Rural OK is probably a safer place to be than rural GA within an hour drive of Atlanta.

I am throwing the mask absurdity right back at them by wearing the most absurd mask I could get and telling them that the cloth masks aren't worth a damn.
Make em choke on their own rules and feel even more inadequate.

Get some range time or don't even bother with guns if you can't get skilled.
I am basically a CC grandpa that looks a bit eccentric.
If people dismiss me in passing, good.

I am going to hate going back to work tomorrow.
Came up for air for a couple of days.






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Preparing to go Hunting.
Reformedhippy
Posts: 10
Incept: 2020-07-01

Rural, OK
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@Horseyhefler, we were also looking for months for a second bigger freezer for some meat insurance (we raise pigs and outsource the rest). By good fortune a local appliance store in a small nearby town had a surprise delivery of some of their back ordered freezers. They posted on Facebook Friday night, I saw it Saturday at noon, and by Saturday at one I was in their store purchasing the largest one they had left. By the end of the day they were sold out. Moral, keep your eyes peeled for those Kamikaze deliveries and you may get lucky.
Jeepguy
Posts: 308
Incept: 2020-02-07

Ohio
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@Reformedhippy
Yeah most the same **** seems to be happening here in Ohio, our elf Governor is supposed to speak this afternoon at 5:30, news organizations have dropped the hint everything from mask mandate to a possible shutdown we really don't know what the hell he's going to say....

as far as people getting organized while I was bitching about that a couple of days ago here...

I understand that there's some resistance groups here in Ohio that are plotting to go to the state capitol I believe it's on the 18th however Columbus has went completely full retard on the masks and God only knows what the governor will impose today...

so I'm not quite sure if that rally is still on after today or not...

I have gotten no word from my county sheriff's office as to whether or not they plot to back these retards up on some sort of enforcement...

in fact licking county has been extremely quiet when it comes to any of this stuff...

It's only really been in the past couple of days the health department has made outrageous claims of spikes and cases blah blah blah...

the overall consensus amongst the population throughout the state is they're definitely planning something and they're definitely pushing us towards something, there's much speculation as to what that something is personally I don't really feel that there's any real wrong answer at this point because above all it's also concluded that regardless it's just more control!!

it's definitely being publicly floated that the health departments are going to issue fines and punishments to businesses the other customers behavior, as NF customer show up with no masks then the health department is going to punish the business and possibly that person as well...

there are resistance movements there has been lots of talk whispers and all kinds of things in the background but it's kind of pretty low-key stuff, there are technically some networks but most of them reside on Facebook that is a huge problem...

Any of the underground networks well good luck detecting them even if you want in it seems as if you're going to have to get a hold of a contact in order to get there and they're not exactly forthcoming and just recruiting anybody which is totally understandable!!

the problem is is many believe that we are in the 11th hour or so technically most of this group's really do need to start coming forward and getting people involved otherwise we're going to have is a bunch of freelancers that are completely unorganized and they're just ultimately going to get hit the hardest!

It's quickly turning into a situation where people are scrambling to try and get in with people they'd figure are safe as in people are just totally looking for safety and numbers at this point however both sides of the issue are doing that everyone has become completely polarized those of us that are trying to rise above that there again we're finding it hard to make connections!

I know that I'm plotting to go to the grocery store and stock up as much as I can before the 20th soon as I can avoid their stupid ass rules for as long as possible... I'm certain that other people have the same idea however as of yet I haven't really heard if they do!

So the only thing I can advise at this point is stay active on the form go ahead and take a look at social media and at least see what people are saying coupled with the idiotic news stories that come out to see what their narrative is,

above all try to network with those around you the at your neighbor's your friends your family!

Right now it's about all any of us can really do if you don't already belong to a group if you don't already have decent connections if you live in the country what you stated that you do then I would say you're already pretty much 3/4 the way there on the success of rising above this!!

I mean at least you have a grocery store just outside the door!!
Thelazer
Posts: 399
Incept: 2009-05-11

Davenport, Fl
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I took a lot of money off the table just as the down draft was getting started.
(Thanks to the 401k cares act changes)

Now, granted I dumping that into a house that was mid construction and we are RUSHING to the finish line to get this thing done (and yes I can attest to supply chain issues on construction)

All that being said. Do I think I missed the boat by not being in stocks on this upswing.. NOPE. Even though everyone else around here is like "OMG MY STOCKS!!!"

I AM waiting for the 2nd crash. If I have any powder left (stupid house) I'll BUY BUY BUY at that point.

Greenacr
Posts: 105
Incept: 2016-03-15

Northern Ohio
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Ammo is also in short supply but still available. I keep my eye out at a few stores that sell guns and will pick up anything in the calibers that I care about if it is available. .223/.556/12 gauge/.45. Getting harder to find but shipments do arrive.

Ammunition availability is how you control guns. Nothing but a club if you don't have ammo.
Jeepguy
Posts: 308
Incept: 2020-02-07

Ohio
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@Reformedhippy
No actually you want to avoid stalking up a freezer...
What you need to do is learn to can meat and vegetables...

If you don't raise vegetables to can then yes you can buy them and can them...
Or you can just buy already canned vegetables and yes you can get canned meals with meat in it such as beef stew etcetera etcetera you know the drill...

but the freezer is technically useless especially in the times of extreme uncertainty because if they get pissed off and start shutting off power you're done instantly!

see that was the ****ary they pulled back in 1998 through 99 about the whole y2k ****...

all the stores ran Y2K sales and all of the morons went out and bought freezers generators basically everything that's going to get them killed!

Yes a generator will get you killed and you know why because the chatter of that engine somebody knows you have something to protect you're more likely have something to eat...

furthermore dog nutters pet lovers like you better bong come over the ****ing skull and I'll tell you why because sparky's big mouth is going to get you killed someone figures that if that dog looks like it's been eating well chances are you have food!!

I know it's an extreme tough pill for many people to swallow I'm not saying that you got to go do that tonight I'm not saying that anything's going to bust loose tonight but I'll take flat once you get to word that the **** done hit the fan you better get rid of that mutt!

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