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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: kimberley who wrote (9422)	4/23/2020 11:47:10 AM
From: FormerLurker	1 Recommendation Recommended By Winfastorlose Read Replies (1) \| Respond to of 26439

This type of stupidity, unintended consequences of & well-intentioned results of the government attempting to assist those in need will help delay any chance for meaningful recovery if & when it does take place! The sad sad & unpleasant fact is that MANY people are lazy and do not want to earn their keep by the sweat of their brow! ANY excuse to feed off of the public trough that other hard workers have provided will be welcomed. The infamous AOC ( credentialed by being a former bartender) Is stating 'Why should people go back to work' and is indeed recommending that they not do so!

To: kimberley who wrote (9422)	4/23/2020 12:06:56 PM
From: Kirk ©	3 Recommendations Recommended By kimberley Lee Lichterman III Sun Tzu Read Replies (2) \| Respond to of 26439

I'm not really upset these low wage workers get more money being unemployed if it keeps them safe at home and helps get us through this downturn quicker. What would make me upset is if the government spends a TON of MY MONEY on this program then caves to pressure that would make it worse and cost me even more. How is it MY money? Consider I was getting about 2% on my fixed income before this and now it is about half a percent.... Lets say you were retired with $1.5M in stocks and 1.0M in fixed income perhaps safely in money market funds at your broker making about 2% (it was as high as 2.5% before the latest round of Fed rate cuts.) So for every $1M earning 2% that now gets 0.5%, that is 1.5%x$1M=$15,000 a year. Consider your dividend stocks took a hit AND your index funds are down too... the cost for our country to not have been prepared for this like Taiwan was (or CA was when Arnold was our Governator) is huge. BTW, the 10-year US Treasury was paying a good return and now pays about 0.6%! Talk about screwing savers to raise funds! The very wealthy with a lot in low yield muni bonds and US Treasuries get even less interest. Don't kid yourself, savers are paying for this and the value of our saved dollars are being hugely diluted with low rates and massive QE to pay people not to work. Again, if it saves lives and makes it so these people have the same jobs to come back to, I'm OK with it as you can't get the bum outside of Sprouts this AM with a cat face mask on asking for money to "buy a mask" to pay for it. I know as soon as he got some he'd go inside and buy beer or fortified win as I avoided him while he was still "sleeping" by some shopping carts on one side of the store when I went in. 31 years sober so I know better to offer him the suggestion of a meeting or the food pantry I donate to... so I shake my head no and pass on... maybe I'll write another check to charity today instead. Anyway, that is water/money under the bridge but I sure hate for it to be pissed away by people listening to that silly mayor from Vegas who looked like she needed a smoke and vodka as soon as she was done with her Anderson Cooper interview!

To: kimberley who wrote (9422)	4/23/2020 12:09:13 PM
From: Winfastorlose	1 Recommendation Recommended By IC720 Respond to of 26439

Gonna have to face the facts, Kimberly. They are putting in a new system and it is world wide. The old system is breaking down and it now looks as though that is what they want. The corona virus "plague" is being used as the reason for all of this. .The bankers are buying up the assets with their money printing capabilities and there will be a group of oligarchs who control what the bankers do not. That doesn't leave a lot of room for the common man to advance much, but I guess most of them will be happy to live a minimalist life as long as they are fed and sheltered. If they get out of line, the new surveillance systems they are putting into place to "protect the people from the virus" will notify the authorities and those people can be rounded up. THEY ARE CUTTING BACK ON THE FREEDOM TO ASSEMBLE, THE FREEDOM OF SPEECH, THE FREEDOM TO TRAVEL, AND TELLING US WHO CAN OPERATE A BUSINESS AND WHO CAN NOT, AND THEY ARE DOING THE EXACT SAME THINGS THAT TYRANTS LIKE HITLER AND STALIN USED TO DO AND THEY ARE TELLING US IT IS FOR OUR OWN GOOD. ANYONE WHO TRIES TO EVEN SPECULATE THERE MIGHT BE SOME OTHER TRUTH THAN THE OFFICIAL LINE IS GETTING BANNED FROM SOCIAL MEDIA OUTLETS LIKE YOUTUBE, TWITTER AND FACEBOOK. Sorry for the "yelling" in the text, but this should be shouted from the rooftops before it is too late. I doubt if anything they are doing can be stopped, but at the very least, those who care to know the truth should have the information to make informed judgments about the actions that are taking place. It is obvious that Trump can not stop this even if he wanted to. He has to walk back everything he says now. He is not in control. Maybe something will change going forward, but right now, it doesn't look good. Call me crazy and a lunatic if you wish, but I have been warning that what you see now would occur from the beginning of this and so far, I have been right. Step by step, it is all happening according to the plans I was taught in school almost 50 years ago.

To: kimberley who wrote (9422)	4/23/2020 12:47:50 PM
From: Winfastorlose	1 Recommendation Recommended By IC720 Read Replies (1) \| Respond to of 26439

If you never saw this (I posted it in a few places) watch it. If you do not agree with this guy, that is OK, but listen to what he says about the dangers of a totalitarian system being put into place in Europe. He is Sweden's top expert on the virus planning but he went off into the political. That was for a reason, in my opinion. He was trying to tell everyone without saying it exactly that this is what we are facing if something doesn't change muy pronto