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2021-10-12 07:00 by Karl Denninger
in Editorial , 879 references Ignore this thread
I Am The Money God (And So Are You)
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It is often said that if you're in debt -- you have a mortgage, a car payment, credit card balances, etc. -- you're obligated to go to work and do your thing and thus can be coerced into taking The Jab because the alternative is that you live on the street.

They're wrong.

Virtually everyone has leisure and entertainment funds.  I have two tickets to a Covid-rescheduled concert in November.  It's in Illinois. I have a hotel reservation.  The State put back in place an indoor tard-rag requirement. If they don't drop it before the cancel deadline for the hotel I'm not going.  I will deprive the State of Illinois, the City of St. Charles and The Arcada Theatre my business.  If The Arcada does not drop their requirement in enough time for me to decide and refuses to refund my money in full then I will never set foot in their business again.  They changed the terms after the tickets were sold and in any sane world that makes the contract void; I don't give a crap what their excuse is.  My contract is with Ron and The Arcada, not the corpulent ******* that infests Springfield.  They might be able to rook me out of the money I spent on the tickets (that amount of money is not worth suing him over) but I used to show up there at least once, sometimes twice or more a year and sprinkle money all over the local economy; between hotel, food, booze, screwing around and of course the tickets such a trip usually resulted in somewhere around $1,000 - $2,000 being left in the local community.  THAT NOW GOES TO ZERO; IF RON ONESTI THINKS I WILL PLAY SHEEP TO SPEND MONEY WITH HIM HE'S GOT A HEAD FULL OF ROCKS AND IF HE KEEPS MY TICKET MONEY IT WILL BE THE LAST OF IT HE, OR ANY FIRM HE'S INVOLVED WITH, ALONG WITH THE ENTIRE LOCAL ECONOMY THERE, EVER SEES.

Likewise every winter prior to Covid I went out to Wolf Creek in Colorado to ski after a friend of mine told me about the place.  I especially like the little espresso shack at the top; the staff are friendly and the coffee very drinkable, never mind containing both caffeine and warmth.  Then Covid came.  Last year I refused to go because I will not wear a mask all over the place, including outdoors.  This year they've said "indoors only" and subject to change "upon the whim of whoever they decide to listen to" but again, I will not comply.  Between hotel, lift tickets, food, local craft beer and other visits to establishments, which sometimes results in my spending a few extra hundred bucks because I decide (for example) I would like new ski boots that too is a couple thousand dollars worth of money sprinkled around that local economy.  THAT NOW GOES TO ZERO AND THE ENITRE LOCAL AREA CAN BLOW ME.  I will find a place to ski that does not require same and sprinkle the money there instead.

Every year my daughter and I traveled to Northern Michigan around the Mackinaw City area -- and visited the island.  We always dropped a nice chunk of money there, sprinkling it around on various things.  The Keyhole bar and grill was one of my favorite places, in fact.  It has been an annual tradition dating back to when she was a child.  Guess what?  Last two years, nope -- I will not wear a ****ing tardrag.  If you want my money you will cut that **** out.  Until you do **** off and may you all go bankrupt.

I am a Platinum Royal Caribbean "Crown and Anchor" member.  That means I have a ****-ton of cruises I (and my daughter) have taken.  They now have a vaccine mandate**** that company and every single employee up the ass with a rusty chainsaw; I have had Covid-19, I'm recovered, I have antibodies and I will not take the ****ing shot to spend thousands of dollars on those or any other cruise ship.  Ever.

There are many other examples.  There are local establishments in the area here that permanently lost my business over this sort of bull****.  I have an extremely long memory and, when it comes business, can be very spiteful.  My usual rule is three strikes and you're out but when it comes to Covid-related bull**** the first offense where I am accosted or denied entry is a pop fly to the infield; you're done.

You and your family almost-certainly sprinkle money around in the same way.  But do not forget, folks, that it works the other way too when it comes to employment and in fact your leverage is even larger there than it is with discretionary spending.  In fact you are ten times or more as effective as The Money God, in all probability, through your employment.

You see, every employee must contribute (on an average basis, of course) more to the firm than they cost.  That is, profit is revenue minus expenses and therefore what you cause to come in as revenue, directly or indirectly, must always be greater than what you cost or the firm eventually goes under.  This is true for every single private enterprise everywhere, always.  Oh sure, there are people who are "dead weight" and in fact contribute nothing (or even have negative value!) but if you're not one of those then your contributed value is even higher than you'd otherwise think because you have to make up for the dead wood!

If you refuse then you may think that hurts you more than them, but you're wrong.  It always hurts them more unless you should have been fired months or years ago as being worthless to the function of the enterprise.  Assuming you're not worthless guess what: Your refusal and them firing you hurts them more than you!  It has to because the common law of business balance prohibits getting something for nothing.

If you organize with others and all tell them to **** off then the multiplication factor gets to be bankruptcy-inducing very quickly because in most firms 10 or 20% of the people -- the smartest ones -- produce half or more of the revenue.  Sometimes much more.  If any material percentage of those people say "screw off!" -- even as few as 5 or 10% -- the company will be mortally wounded.

If you're not levered up to your nuts then its even better because in that case you are perfectly happy to see an economic dislocation and in fact if your employer blows up you might be able to profit from their demiseYou'd think that's nuts, but you'd be wrong.  In the 1990s I took advantage of a minor dislocation in the office market in downtown Chicago and got 8,300 sq/ft of office space (1/3rd of the 26th floor, more or less, in 2 Prudential) for $8/foot.  That was an utterly insane discount to what Class A space was going for at the time.  I could do it because I could write a check for $50 large and drop it on the table at the leasing office in the building as an advance payment to demonstrate that I wasn't full of crap and would be able to meet the lease's financial obligations.

In a serious economic dislocation the deals are even better than that and it is not uncommon to get things for a nickel or even a penny on the dollar.  But you have to have cash as during such an event as nobody is going to loan you anything.  The old saying "money talks, bull**** walks" is never more-true than during an economic dislocation, whether its local to one company, regional to where you live or national in scope.

No, you won't get rich quick doing that but the odds of you going bankrupt doing that are nearly zero.  Contrast this with the other alternative; you take on leverage and, if you're right you make a hell of a lot of money; maybe more or even wildly more than if you do it my way.  ButIf something goes wrong your "empire" is a smoking hole in the ground and someone like me comes in and gets the assets for a nickel on the dollar.

People think you can't do this if you're the ordinary Joe.  Of course you can; it may be at smaller scale but at a return of 20:1 or even more do you care?  No.  Turning $10 large into $200,000 isn't exactly dog****, is it?  Further, when it comes to discretionary spending you are always The Money God and unless you're worthless to your employer it's doubly true there as well.

You are, in fact, The Money God.


From experience: Watching fools and screaming, whining jackasses go bankrupt is very enjoyable and can be the most profitable thing you do in your life at the idiot's expense provided you're prepared to jump on the opportunity.

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User Info I Am The Money God (And So Are You) in forum [Market-Ticker-Nad]
Posts: 14
Incept: 2021-05-02

Coos County NH
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Thankfully, I paid my mortgage off in 1998 at the age of 37. I got married that year, so my bride has never known debt. She retired on Friday(as to not take the vax), knowing we have a portfolio with seven figures to live on the rest of our life. I thank her frugality(PA German) and my Depression era parents for drilling in living below one's needs and saving while you're young. No one knows what comes next, but we will have some hard times for sure is my gut feeling.
Posts: 45
Incept: 2013-07-02

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Yeah, some time ago now our idiot govenor her in Alabama finally lifted the state wide mask mandate. Shortly there after I went to Best Buy with questions for the computer people. They had about 6 extra people at the door refusing to allow people in without masks. Said it was a company decision regardless the state lack of mandate. I told them to hell with you; those door guards all cheered. I have not been back since. Upside: learned, with research to do most of my own computer work
Posts: 3
Incept: 2021-09-13

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As a fellow oppressed Illinoisian (worse, Chicagoan), I share your ire and have wet dreams of driving a stake through the collective hearts of the idiots who have thrust this insanity upon us.

How much longer will you remain in IL? Ive already got one foot out the door as Im headed to Costa Rica today to invest in some property. It would give me great pleasure to someday soon take all my business out of the state and make big noises to Crains on my way out. There are consequences to being a tyrannical idiot. Looking at you, Pritzker, Lightfoot, et al
Posts: 47
Incept: 2021-09-11

Seminole, AL
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Funny coincidence with today's post: We are currently visiting relatives in Jacksonville FL. I have no idea what the local rule-by-fiat is, nor do I care.

We went popping in and out of stores yesterday with nearly all of them presenting signs stating mandatory masks for all. About 25% of the shoppers wore masks along with about 90% of the staff. Also saw several masked-solo-in-the-car types...texting while driving, but that's a different thread.

We'll be cruising up through GA, SC & TN next. Thanx for the reminder to hold true to the FU.


Posts: 32
Incept: 2016-09-28

Central Oklahoma
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Tickerguy wrote..

People think you can't do this if you're the ordinary Joe. Of course you can

I am living proof of this. No debt of any kind. Had a small business, developed a great reputation with all repeat and referral customers. Paid off my primary residence accelerating the mortgage, bought a vacation pad with big down payment and accelerated that mortgage too and paid off in just a few years. Saved for a rainy day for the business as there were some recession years but I was prepared to ride them out. Started a family in all of it with my wife staying home to tend to the kids and their schooling, the home and not go to work. We just adjusted our lifestyle to accommodate and it was no big deal. Drove good used vehicles that were paid for. Bought toys (quads, jet skis, camper) outright when having saved for them. Finally got fed up with all that was the California business, politics and bs. Sold near the top, closed my business and moved to Oklahoma in late 2019 (talk about timing with all the extra Covid crap I would have had to deal with in Cali). Been saving and patiently waiting for the pennies on the dollar whenever it finally comes. I just want to encourage the fine readers here that it can all be done and I am living proof.
Posts: 4
Incept: 2021-09-12

NW Louisiana
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From the Louisiana For Medical Freedom site:

We are targeting our representative Patrick Paige Cortezs businesses, Stoma Furniture and La-Z-Boy. He is the Republican Leader of the LA Legislature.
**Peaceful rally** Thursday, October 14, 2021 from 4-7

Corner of Crescent Ranch Blvd and Ambassador Caffery (Costco red light across from Womens and Childrens Hospital).

Stay on message with your signs: Medical Freedom, Pro-Choice, Stop the Mandates, etc.

Everyone who supports medical freedom is welcome!

Click here to send Page Cortez a personal message, it takes 1 minute

Reason: added link
Posts: 299
Incept: 2021-04-13

Akron Ohio FEMA region 5
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Spot ****ing on Karl!! **** these bitches!!

The whole world is one big ****ing scam
Why are you giving a vulgarity warning here? Our genial host is an advocate of both skull****ing and sodomy via rusty chainsaw. Credit to Rollformer
Posts: 2285
Incept: 2012-04-19

45th parallel
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Yep. Over on the bar I mentioned a friend whose employer dropped a jab mandate on him. He's pissed but said he can't tell them to pound sand because he "needs" the income. I suppose he needs it just like he needed that new truck and the boat and all the other bull**** that his house is full of. Meanwhile our state lifted the mask mandate but many businesses still "require" you wear one. Same guy has a diaper hanging from his rear view mirror - just in case. I speak from experience most places won't say anything if you walk in sans mask. Hell, even the medical clinic didn't really protest that much when I went in maskless.

I used to question how the Holocaust could happen without an outright revolt. After the past 18+ months I don't question that anymore.

Posts: 28
Incept: 2021-09-15

western slope colorado
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Hopefully folks are paying attention, because otherwise they are paying for a lot of crap.

When is the last time our population did something together as a group?

We don't say the pledge of allegiance together, we don't stand for the anthem together, heck we don't even pray to the same god.

We're a nation of supposedly freedom loving humans, yet the yoke of debt weighs heavily on the majority of the population. You are not free if you owe the man. At least it's hard to feel free when you have a six figure debt holding you down.

Intelligent people have seen too many collective actions become **** shows for the smart ones to join a group. January 6 is just one example.

We are going to need to change something in our collective beliefs before we have a culture willing (and mentally able) to fight those in power who have used and abused their positions.

Too many need a herd to feel safe to ever do anything radical. And too many are looking-out for number one to even consider helping neighbors who they probably don't even know.

Karl has laid out (again and again) how we are being screwed by political, corporate and even our religious leaders.
And those of us who have migrated to his website are aware of this. Unfortunately we are still a minority.

Unless the herd splits, we're going to be driven towards the cliff as a group. And even though we might individually see this cliff, the rest of the herd keeps pushing us forward.


Today I lit the first fire of the season in our stove.
I wish it was as easy to light a fire in the bellies of the Karens.

The problem is most people want to point a finger rather than their thumb when dealing with challenges.
Posts: 894
Incept: 2009-06-16

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People of Illinois follow the health advice of a 400+lbs governor. Fat chance the mask mandate will be lifted.
Posts: 518
Incept: 2010-03-28

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Some businesses put up a mask sign to make the city happy, but told the employees not to enforce it. I did shift spending. Home Depot lost thousands to Amazon and other online stores. I now buy all food at the local Crest store that never even put up a mask sign.
Posts: 216
Incept: 2020-07-25

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Bravo Karl. I have no debt and enough savings, so I'll wait out the insanity. Perhaps we will return to normal, though I doubt it. Meanwhile, I won't be flying, or working where masks and vexes are required. It's simple.

It's obvious where the country is headed. People have had a decade or more warning to get out of debt and build savings. Some have, others have not, and they are debt slaves to a corrupt system.

"The rich rules over the poor, and the borrower becomes the lender's slave."

Posts: 4
Incept: 2021-09-16

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Great Ticker Karl!!

Looks Like I may be unemployed in the not too distant future. Still about 4 years until I wanted to retire, but F'it, I don't think I will even look for another job. Wife still works at a place that does not agree with the Jab, so her job is safe. So the Gov will lose my Tax revenue as well.

Posts: 15
Incept: 2021-03-26

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All of my local venues/theaters/expo centers, many tax payer supported, are pulling this crap. They were largely closed last year and are looking forward to the current season starting now. I look forward to their implosion.

I have tickets for one rescheduled concert, bought pre-covid. I still have to confront them about it. Website now says if you can't go, consider donating your tickets back (this is a nonprofit theater). Yeah right. If they won't let me in because my daughter and I are not vaxxed, no one gets those seats. Right in the front row too.

The problem is that the city and venues boxed themselves into a corner. Vax mandates exclude people like me. Many vaxxed people are still too scared to go anywhere in public where people are gathered. They are screwed now no matter what they do.
Posts: 45
Incept: 2021-09-12

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Am here in Jax. Just walk right past the signs. Not been confronted once. Even the employees don't want to do it.
If they insist, I'll just walk the **** out. Everybody's covering their ass. We have to wake up from this tard dream...

@Cmoledor - Morning! Here's what we're living in now... smiley

The power-mad freaks who are ruling the earth
Will show how little they think you're worth
With animal lust they'll devour your life
And slice your world to bits like a knife
One last day burning hell fire
You're blown away
If the man with the power can't keep it under control...
...Some heads are gonna roll...

- Judas Priest

"Threats are illogical. And payment is usually expensive." - Sarek of Vulcan
Posts: 19
Incept: 2021-09-12

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Yes, this is excellent!! This is exactly why my husband and I left the city we used to live in. We saw the way things were turning there and wanted no part of it. They want to impose jab passports, we will never spend another penny there for the rest of our lives.

My husband has been getting some dental work done and the interactions he has had with the office have been amusing. They still want you to call ahead from your car before you go in. He never does that, he just walks right in. The first time he went they informed him patients have to wear a mask in the waiting room. The receptionist handed him a mask and he threw it in the trash. He told them he is not a patient, he is a customer and if they force him to wear a mask he will leave and take his business elsewhere. They reacted as if they just saw a ghost and never bothered him again after that.

I do not think they will be able to coerce many more people with the jabs at this point. Despite the leverage out there, I still think there are a good number of us who hold to our beliefs and value health over money. There will always be ways to make more money.
Posts: 299
Incept: 2021-04-13

Akron Ohio FEMA region 5
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@Bzelbob. **** yes!!! Rock that priest!!!

The whole world is one big ****ing scam
Why are you giving a vulgarity warning here? Our genial host is an advocate of both skull****ing and sodomy via rusty chainsaw. Credit to Rollformer
Posts: 10
Incept: 2021-08-31

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All our local businesses here had the mask signs and the print under them "if you're not wearing a mask we'll assume you have a health condition".
Posts: 6
Incept: 2020-04-19

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We own and operate a small lodging business in a tourist town in the Ozark mountains of Arkansas. I refuse to wear the face diaper, there are some loud libs in town and the mayor being such they had a declaration encouraging masks in all business of course the libtards said it was law.

I went in my favorite hardware store one day (closest to us in town that hadnt required the rag) and a screaming Karen behind the counter had a fit because I wouldnt wear a mask. She asked me to leave with the owner standing behind her with her thumb up his butt. I of course said Ill take my money elsewhere.

When I got home I called the owner up and told him he lost a customer, and explained we bought this property in disrepair and are putting a lot of money into it , I anticipate at least $50k this year spent in remodeling and maintenance plus we plan to add more cabins and he was my go to but now Ill drive 20 minutes further to the next hardware store or 40 minutes more to Home Depot.

Yesterday I happened to drive by that hardware store and smiled really big thinking about the $70k Ive already spent this year and he didnt get a nickel. Im thinking of writing him a letter to update him.

We obviously only spent money out and only recommended restaurants and stores that didnt mandate the coof rag and thats who we spend our money at now. During peak crazy for fun I would call restaurants in town and ask if they had a mask policy and then tell them oh Ill go somewhere else if they did.
Posts: 18
Incept: 2021-09-12

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Pennies on the dollar! I hope it never happens but if these jabs do cause problems down the road, there is going to be a myriad of estate sales and auctions for assets up and down the line. The bad part, it may cave the
housing market, who cares I bought my house to live in, the good part
cars and trucks will be in abundance along with any other toys you may
want. On an off topic note, anyone noticing the plane crashes lately?!
Posts: 414
Incept: 2008-11-29

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A delightful thread. Myself, debt free and cash flush, retired from a start up share I made go, married to a no nonsense, low maintenance, hard scrabble gal.

This time of year normally I am planning a holiday month on both coast mooching on friends, which means paying all expenses for the privilege. I have written to both the CEO and mileage membership of the airline where I am a 1m miler to express my displeasure with their mandates. They will not be receiving my business, indeed, I have restricted myself to an inland port serviced by a non-US carrier.

But now, the prospect of exposure to the even greater unfolding pandemic of the vaccinated plays havoc with the obligation I have to the wife, that is, to ensure my health so she has someone to whom she may complain.

This may be the second year I do not make mom's recipe for Sicilian Rum Balls for the family. I damn those who despoil that tradition.

The evil ones and the fools shall be deprived of my spending until I am at liberty to poke among their bones.

Posts: 177794
Incept: 2007-06-26
A True American Patriot!
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@Kf7psm - Oh I hope it DOES happen. Again.

It's why I was successful, in no small part. It's why I don't have to work today. It's why I created a crap-ton of jobs, gave people the means to support themselves and funneled a ****-load of taxes into state and federal governments.

Indeed without that I might not have succeeded at all. Sure, I might have, but I would have been less successful, I would have hired fewer people, etc.

So no, don't hope it never happens.

Pray for and in fact egg on the actions that WILL MAKE IT HAPPEN because there is utterly NOTHING wrong with capitalizing on the stupidity of others. You didn't make them stupid and you should NEVER show the slightest bit of remorse when someone does a stupid thing and allows you to make a ****-ton of money at their expense. When they are in the street, bankrupt as a result of their own stupidity you laugh at them and acquire all their stuff for a penny on the dollar. You cheated them of nothing; the reason for their demise is their own idiocy.

That's called "creative destruction" and it is a good thing, not a bad one.

Stupid is supposed to hurt; indeed that it hurts is the only reason people change from being stupid to not-stupid.

How many times do you******on an electric fence?


I don't give a flying **** if you're offended.

Posts: 21
Incept: 2021-09-20

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Any place I move to or visit, they are damn lucky to have me there! I am law abiding, quiet, a good tipper, and not afraid to drop a chunk on something I or my family wants to buy.

We summer at our camp in Maine. This past summer, nobody was wearing masks anywhere up there. We had a helluva good time! It was good to get out of CT and all its woke policies - altho we do live in a rural area where we see little of that.
Posts: 45
Incept: 2021-09-12

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@Clifffyc - Excellent! That's the kind of action they can't ignore.

Used to shop and spend lots of $$$ at Dick's Sporting Goods here in town.
Then in 2018 they went full retard virtue signalling after the Parkland shooting and stopped selling semi-auto guns.

Have not spent ONE dime in there since!

Let them crash and burn.

"Threats are illogical. And payment is usually expensive." - Sarek of Vulcan
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