Everythings working as intended, (in the voice of Henry Kissinger)
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Free registration at the forum removes this block.Everythings working as intended, (in the voice of Henry Kissinger)
Profit is BAD, BAD, BAAAAD. "Voluntary contributions are welcome". Bring in the world of sustainability yipeeeeeThe airlines are not allowed to fill the middle seat = It is illegal for airlines to make a profit.
So it begins.
More or less, comes down to enforcement. In San Juan there's less cops on duty during the weekends (especially Sunday) and they're not paid enough to care.Simon Black delivered yet another powerful article (@Kak you'll love this, @UnrealCreative you can relate to that living in Puerto Rico - can you confirm if it's like that?)
I don't know. Maybe now is a good time to invest...Excuse me if I am mistaken, but aren't airlines operating on thin margins, already?
International tourism seems dead for this season, and what little flights left will be operating at less than capacity?
Wouldn't want to be invested in airlines, right now.
Profit is BAD, BAD, BAAAAD. "Voluntary contributions are welcome". Bring in the world of sustainability yipeeeee
(It does piss me off when I hear folk regurgitate that particular "slogan").
I don't know. Maybe now is a good time to invest...
In gold.
I am getting great returns, it hedges me from another fall, and when the velocity of money comes back, inflation will drive it more. I bet we see gold @$3000 in the not so distant future. There are not many safer ways to nearly double your money.
If you can get returns, on gold, in a DEFLATIONARY market... I believe it is a DAMN good bet.
I use ETF's like GLD and IAU much more than I buy physical. The liquidity is so much better with an ETF. As well as the narrow bid/ask spread.
I think this is still the best article on the matter https://seekingalpha.com/article/43...&utm_campaign=nl-must-read&utm_content=link-0
The problem with the airlines is that their business model fundamentally doesn't work at the moment. Give me a glimpse of something that is working and I would toss some money on it.
I personally think this is going to revert our travel abilities back into the 1990s.
Is IAU and GLD still good points of entry now? Both are at all time peaks and I've been eyeing these two for 2 weeks now but haven't put anything in...In gold.
I am getting great returns, it hedges me from another fall, and when the velocity of money comes back, inflation will drive it more. I bet we see gold @$3000 in the not so distant future. There are not many safer ways to nearly double your money.
If you can get returns, on gold, in a DEFLATIONARY market... I believe it is a DAMN good bet.
I use ETF's like GLD and IAU much more than I buy physical. The liquidity is so much better with an ETF. As well as the narrow bid/ask spread.
I think this is still the best article on the matter https://seekingalpha.com/article/43...&utm_campaign=nl-must-read&utm_content=link-0
The problem with the airlines is that their business model fundamentally doesn't work at the moment. Give me a glimpse of something that is working and I would toss some money on it.
I personally think this is going to revert our travel abilities back into the 1990s.
Is IAU and GLD still good points of entry now? Both are at all time peaks and I've been eyeing these two for 2 weeks now but haven't put anything in...
Gold Is Heading for $3,000, Bank of America Says. ‘The Fed Can’t Print Gold.’It is safer than holding currency in my opinion. I might not beat the market if there is a big idiot rally that you can time correctly, but I am also not going to lose 30% of my net worth in what I think will come.
Yes. Even though it is high, I am bullish to $3000 within the next 12-18 months, unless some things start shaping up in this world.
Gold Is Heading for $3,000, Bank of America Says. ‘The Fed Can’t Print Gold.’
Gold Is Heading for $3,000, Bank of America Says. ‘The Fed Can’t Print Gold.’
Oh you didn't know? J Powell has alchemy powers now. Printer go brrrrr.Gold Is Heading for $3,000, Bank of America Says. ‘The Fed Can’t Print Gold.’
Gold Is Heading for $3,000, Bank of America Says. ‘The Fed Can’t Print Gold.’
It has had the opposite effect on me. If I wasn't married to an amazing woman right now and thus less selfish with my own well being... I would be at the nearest Ducati dealership with a $20k cashier's check... I would spend the helmet money on cigars. Not giving a shit.
What if the government has it wrong? By Judge Andrew Napolitano
What if the government has it wrong -- on the medicine and the law?
What if face masks can’t stop the C0VlD-19 virus? What if quarantining the healthy makes no medical sense? What if staying at home for months reduces immunity?
What if more people have been infected with the virus in their homes than outside them?
What if there are as many credible scientists and physicians who disagree with the government as those who agree with it? What if the government chooses to listen only to scientists and physicians who would tell it what it wanted to hear? What if the government silences scientists and physicians, and even fires one, who attempt to tell it what it didn’t want to hear?
What if the government wants to stoke fear in the populace because mass fear produces mass compliance? What if individual fear reduces individual immunity?
What if a healthy immunity gets stronger when challenged? What if a pampered immunity gets weaker when challenged? What if we all pass germs and viruses -- that we don’t even know we have -- on to others all the time, but their immune systems repel what we pass on to them?
What if the C0VlD-19 virus has run its course and run into natural immunities? What if many folks have had symptom-free episodes with many viruses and are now immune from them? What if the government refuses to understand this because it undermines the government’s power to control us?
What if government orders to nursing homes and assisted living facilities to accept the sick and contagious are insane? What if the same government that micromanages nursing homes and assisted living facilities knows that they are not hospitals and are not equipped to cure the sick or contain contagion?
What if the government makes health care decisions not on the basis of medicine or human nature but statistics? What if reliance on the government’s statistics has made many folks sick?
What if we’d all be healthier and happier if we make our own choices with our own physicians rather than the government making choices for us? What if it is un-American for the government to tell you how to care for yourself? What if it is equally un-American for you to follow the government when it intrudes into your personal choices?
What if the Supreme Court has ruled many times that your health care decisions are private, personal and to be made between you and your physician? What if the Supreme Court has also ruled many times that your private health care decisions are none of the government’s business?
What if we never elected a government to keep us free from all viruses, but we did elect it to keep us free from all tyrants? What if the government -- which can’t deliver the mail, fill potholes, stop robocalls, or spend within its income -- is the last entity on earth into whose hands we would voluntarily repose our health for safekeeping? What if the government won’t admit that its understanding of science is colored by politics?
What if the government has misunderstood its mandate? What if the government thinks it can do its job by keeping us safe but unfree? What if -- according to the Constitution and the Declaration of Independence -- government’s first duty is to safeguard our rights? What if there is no legal basis for the government to keep us at home or to close our businesses?
What if the government gave itself the power to interfere with our personal choices? What if that self-imposed power violates the basic constitutional principle that the government derives its powers from the consent of the governed? What if no one consented to a government that interferes with our personal choices? What if our personal choices to take personal chances have never needed a government permission slip?
What if the Constitution was written to restrain the government? What if all in government -- local, state and federal -- have taken an oath to uphold and comply with the Constitution?
What if the government decrees that liquor sales are essential but clothing sales are not? What if the government decrees that abortions are essential but orthopedic surgery is not? What if the government decrees that music stores are essential but the free exercise of religion is not?
What if these decisions about what is essential and inessential are for individuals -- and not for the government -- to make?
What if to the barber or short-order cook or retail salesperson a barbershop and a luncheonette and a clothing store are essential? What if to those who love God, the free exercise of religion is essential?
What if the government makes essential whatever serves its friends, enhances its wealth, maintains its stability and removes obstacles to its exercise of power? What if the Constitution -- with its protections of our rights to make free choices -- is an intentional obstacle to governmental power?
What if America’s founders and the Constitution’s framers chose liberty over safety? What if the government doesn’t like that choice? What if the government only nominally endorses it?
What if -- when the pandemic is over -- the government remains tyrannical? What if -- when the pandemic is over -- folks sue the government for its destruction of life, liberty and property only to learn that the government gave itself immunity from such lawsuits? What if -- when the pandemic is over -- the government refuses to acknowledge its end?
What if -- as Thomas Jefferson said -- the blood of patriots should be spilled on the tree of revolution at least once in every generation? What if we nullify the government that has nullified our rights?
Apparently the bill was introduced on an unrelated matter, later scrapped in whole and replaced with the CARES Act.I’m not a conspiracy nut...but, that’s suspicious AF. The CARES act was introduced 14 months before it was passed. @Kak maybe this is the smoking gun for your scam theory.
View attachment 33100
Yes, it's a terrible investment, but...... here's the thing: the market is completely dislocated from the actual economy at the moment. Any conventional wisdom or technical analysis (in my opinion) can be thrown out the window in the short term. I have a few grand in DAL at the moment and another few in Carnival because I expect people to FOMO into these stocks as the FED prints money.Excuse me if I am mistaken, but aren't airlines operating on thin margins, already?
International tourism seems dead for this season, and what little flights left will be operating at less than capacity?
Wouldn't want to be invested in airlines, right now.
Same with Shopify.Facebook plans to make working from home permanent for certain roles.
Facebook's Mark Zuckerberg says employees will be able to work from home permanently
Over the next five to 10 years, about half of Facebook's workers could be remote, Zuckerberg said in a livestreamed townhall.www.cbsnews.com
Obviously tech isn't every industry, but this could have interesting changes long term. Less traffic, less need to move to cities to get a job (global outsourcing risk?), less need for big corporate headquarters.
“The Coronavirus Aid, Relief, and Economic Security (CARES) Act” was formerly the bill was the Middle Class Health Benefits Tax Repeal Act of 2019Apparently the bill was introduced on an unrelated matter, later scrapped in whole and replaced with the CARES Act.
I’m not sure if this is a regular thing, but to the layman it certainly raises an eyebrow.
H.R. 748: Coronavirus Aid, Relief, and Economic Security Act (2020 - H.R. 748)
To amend the Internal Revenue Code of 1986 to repeal the excise tax on high cost employer-sponsored health coverage.www.govtrack.us
Do you know if they do this regularly?“The Coronavirus Aid, Relief, and Economic Security (CARES) Act” was formerly the bill was the Middle Class Health Benefits Tax Repeal Act of 2019
I’m not a conspiracy nut...but, that’s suspicious AF. The CARES act was introduced 14 months before it was passed. @Kak maybe this is the smoking gun for your scam theory.
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I'm really impressed with this reply.Apparently the bill was introduced on an unrelated matter, later scrapped in whole and replaced with the CARES Act.
I’m not sure if this is a regular thing, but to the layman it certainly raises an eyebrow.
H.R. 748: Coronavirus Aid, Relief, and Economic Security Act (2020 - H.R. 748)
To amend the Internal Revenue Code of 1986 to repeal the excise tax on high cost employer-sponsored health coverage.www.govtrack.us
It is kind of getting annoying. Now they want to crack down on masks. Like this entire time I've been rigorous about wearing masks and gloves. From the beginning, even when the CDC was saying they 'weren't effective.' But now as things are settling down, I'm a little more lax about it. But I had to buy something from the auto-parts store and I parked really ar away. I went into the store and they were like "Sir, you need a mask." I'm like "you literally want me to walk 1/3rd of a mile just to get my mask?" and she said "sorry sir, my manager could come in at any minute." I was pretty annoyed. Like nobody was bitching about the mask when it was actually dangerous, but now that things have settled down all of a sudden it's policy. It shows how much lag there is within bureaucracies.When this first started I was 100% on board with being safe myself. I wore gloves while shopping, I kept my distance, I used a ton of hand sanitizer, I made paper shopping lists and would not touch my phone or my face. That was when the government said it was no big deal and there is nothing wrong, go about your business. I did that because the science said there might be a 4% death rate and this could be bad. The government said "do nothing because we don't want to offend China" (true story).
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