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


To: robert b furman who wrote (9616)5/2/2020 8:03:33 PM
From: Kirk ©  Read Replies (1) | Respond to of 26512
 
True, but as you say, generals always want new tools to better do their jobs. I can't imagine anything happening in the Middle East that would have shut down our country, including having Iran nuke Saudi Arabia or Israel. Nor would that have caused the Fed to print so much money so quickly.

Those of us who have large cash positions in addition to our stock... are getting hammered as these low rates are a tax taking money from our pockets (or bank accounts) to give to people to stay home and not work. WE are paying for it, not the democrats or republicans with no savings.

Trump and Pelosi screwed the pooch and put the extra $ into the military. And it was no small amount... $57B if I recall.

They WERE RESPONSIBLE and both failed. I wish they'd "man up" and admit it then we could move forward...

Trump could have called reality star Arnold and asked him to build up the US for a pandemic threat much like he did in California before 10 years of democrats "starved it of funds" by spending on illegal aliens (Medicaid, free UC tuition for "dreamers" over kids of legal taxpayers, free education for their kids, etc.) and funding pensions. Link to story

EVERYONE should be MAD AS HELL that this happened while we spend fortunes on making war rather than getting along and protecting us from a real enemy, the COVID-19 virus and others in the pipeline.