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Posted
On 3/14/2025 at 9:04 PM, Spekulatius said:

Anyone is willing  to bet if the federal deficit this year will be larger or smaller than last year? I think it will be larger.


I’d take the over as well

 

The CR preserves $2T deficit. Only Tom Massie and Rand Paul voted against among Repubs

Posted
1 hour ago, John Hjorth said:

Why are you bringing Iceland into this discussion?

 

Because it turns out even the most successful fisherman DOES NOT knows that there are things he should not think about.

Posted (edited)
40 minutes ago, james22 said:

Because it turns out even the most successful fisherman DOES NOT knows that there are things he should not think about.

 

James [ @james22 ],

 

You have alreday already by your posts in this topic proved that you have absolutely no clue about what you're talking about, related to Icelandinc cf. Greenlandic history here, obviously.

 

I've had enough of trying to provide informational balance to your fast *BS* posts in this topic.

 

If you from here continue your line of posting informational *BS* without any real Kjoules invested, time involved, serious sources included, etc. put in to your posts here, I'll just report you for political *BS*ing.

 

Please stay logical and reasonable, it will eventually serve you well here on CofB&F.

Edited by John Hjorth
Posted
5 hours ago, 73 Reds said:

It's not ridiculous but what is ridiculous is any notion that the population of Greenland lacks self-determination.  If they should vote to become a possession of the US so be it.  The way the issue is portrayed by the media is that somehow the US will forcibly take over Greenland.  That is ridiculous and a sign of Trump derangement.  

 

I've got to say, that you have got the attention of my senses, since you started posting in this topic, @73 Reds .

 

Thank you for that, @73 Reds.

Posted
20 minutes ago, TB said:

It looks like the current Canada PM is a citizen of multiple countries, here is a different take from a Canadian conservative.

 

 

 

 

Very enjoyable. Thanks for posting.

Posted (edited)
46 minutes ago, Ulti said:

 

The housecleaning at CISA is long, long overdue:

 

https://judiciary.house.gov/sites/evo-subsites/republicans-judiciary.house.gov/files/evo-media-document/cisa-staff-report6-26-23.pdf

 

In the years since its creation, CISA metastasized into the nerve center of the federal government’s domestic surveillance and censorship operations on social media.

 

CISA moved its censorship operation to a CISA-funded non-profit after CISA

and the Biden Administration were sued in federal court, implicitly admitting that its censorship activities are unconstitutional.

 

CISA wanted to use the same CISA-funded non-profit as its mouthpiece

to “avoid the appearance of government propaganda.”

 

Edited by cubsfan
Posted

Nothing has been confirmed so far. Some people saying there is a "grand plan" and tariffs are one part of it but I'm skeptical.

 

But it is interesting to think about the possible scenarios and learn something about how the global financial systems works along the way.

Posted
3 hours ago, TB said:

It looks like the current Canada PM is a citizen of multiple countries, here is a different take from a Canadian conservative.

 

 

 

 

Thanks for the laughs. 

Ezra Levant = Another nobody getting paid to spout fake news, another Bannon shill?

Posted

https://thehill.com/policy/national-security/3853242-weaponization-democrats-gear-up-a-response-machine-to-gop/
 

https://judiciary.house.gov/subcommittees/committee-judiciary-118th-congress/select-subcommittee-weaponization-federal

 

 Again you are right as far as need for revamping systems to make them more apolitical….1) they need to be made under the context of keeping our country safe asap paramount…2) and , no offense intended, I am not a Trumpian zealot like you… I have a very heathy distrust of both sides and this new weaponization committee seems like politics as usual.

Posted

I just can’t keep up with how quickly narratives change. Trump was a mindless idiot without a plan one day, and now all of a sudden he’s the first politician in decades to show up with a grand plan for handling the budget deficit and economy… 

 

Wouldnt hold my breathe on either. Also wouldn’t listen to people whom have always been critical/supportive of him to the extent they’re still just being critical/supportive. Broken clocks can still be correct twice a day, but if the clock is ugly id rather just throw it in the garbage.

Posted
22 minutes ago, Gregmal said:

I just can’t keep up with how quickly narratives change. Trump was a mindless idiot without a plan one day, and now all of a sudden he’s the first politician in decades to show up with a grand plan for handling the budget deficit and economy… 

 

Wouldnt hold my breathe on either. Also wouldn’t listen to people whom have always been critical/supportive of him to the extent they’re still just being critical/supportive. Broken clocks can still be correct twice a day, but if the clock is ugly id rather just throw it in the garbage.


I kinda think it’s all bs.  


Certainly hope it’s not the plan because it’s worse than no plan.

 

Reason why I think it’s bs is because it’s crazy.

Posted
44 minutes ago, Ulti said:

https://thehill.com/policy/national-security/3853242-weaponization-democrats-gear-up-a-response-machine-to-gop/
 

https://judiciary.house.gov/subcommittees/committee-judiciary-118th-congress/select-subcommittee-weaponization-federal

 

 Again you are right as far as need for revamping systems to make them more apolitical….1) they need to be made under the context of keeping our country safe asap paramount…2) and , no offense intended, I am not a Trumpian zealot like you… I have a very heathy distrust of both sides and this new weaponization committee seems like politics as usual.

 

 

Let's see what illegal acts they pull, like the last Biden regime's favorite tricks, such as constant spying on American citizens and actively surpressing the First Amendment.

 

The housecleaning of the leadership was well earned.

Posted
2 hours ago, cubsfan said:

 

The housecleaning at CISA is long, long overdue:

 

https://judiciary.house.gov/sites/evo-subsites/republicans-judiciary.house.gov/files/evo-media-document/cisa-staff-report6-26-23.pdf

 

In the years since its creation, CISA metastasized into the nerve center of the federal government’s domestic surveillance and censorship operations on social media.

 

CISA moved its censorship operation to a CISA-funded non-profit after CISA

and the Biden Administration were sued in federal court, implicitly admitting that its censorship activities are unconstitutional.

 

CISA wanted to use the same CISA-funded non-profit as its mouthpiece

to “avoid the appearance of government propaganda.”

 

Just to unpack this a little bit. CISA - the agency started by DJT during his first term - had a mission that followed the roadmap laid out in 2018, including the presence of a non-profit. So DJT hated the very thing he created and approved that Biden just allowed to happen. What irony. 

 

This report widely cites reports by an OIG investigation done in 2024 (before DJT 2.0). The very same OIG that was fired by DJT 2.0. Feels like there is an Inception-level irony here. 

 

Let us not ignore the fact that while Biden Admin got sued, SCOTUS dismissed the case. 

 

I don't like the expansion of CISA beyond the few very narrow specific things, but to lay this at the feet of dems is disingenuous. 

Posted
1 hour ago, Gregmal said:

I just can’t keep up with how quickly narratives change. Trump was a mindless idiot without a plan one day, and now all of a sudden he’s the first politician in decades to show up with a grand plan for handling the budget deficit and economy… 

 

Wouldnt hold my breathe on either. Also wouldn’t listen to people whom have always been critical/supportive of him to the extent they’re still just being critical/supportive. Broken clocks can still be correct twice a day, but if the clock is ugly id rather just throw it in the garbage.

 

1 hour ago, Sweet said:

I kinda think it’s all bs.  


Certainly hope it’s not the plan because it’s worse than no plan.

 

Reason why I think it’s bs is because it’s crazy.

 

Sound reason, consistency and stamina will carry you well into the future, no matter periodically fast changing and trying times.

Posted
16 hours ago, cubsfan said:

 

Very enjoyable. Thanks for posting.

 

Cubs, have you ever heard the expression... "Consider the source"? Do you ever fact check what you read?

 

But then again, there are those who listen to Trump and believe most (all?) of what he says. The man lies so much you have to wonder about the people who believe what he says. The sorry part of this is that he has sucked in some reasonably smart people as well as the die hard members of his cult.

 

It appears that some here will listen to any far right BS and take it as gospel.

 

Posted (edited)
On 3/16/2025 at 3:40 AM, Spekulatius said:

Well, there is an odd lots podcast about this, so it has been making the rounds in economist circles.

https://podcasts.apple.com/us/podcast/odd-lots/id1056200096?i=1000695795892

 

When listening to the podcast I heard them say that an option is to revalue the gold reserves on the balance sheet and to lend against it.

My first thought was that the US is already lending against these assets? Am I wrong? Would a revaluation change a thing? 

Edited by Kizion
Posted
37 minutes ago, Kizion said:

 

When listening to the podcast I heard them say that an option is to revalue the gold reserves on the balance sheet and to lend against it.

My first thought was that the US is already lending against these assets? Am I wrong? Would a revaluation change a thing? 

 

The USD has been off the gold standard since the 1970s when Nixon ended dollar gold convertibility.

Posted
13 hours ago, Sweet said:


I kinda think it’s all bs.  


Certainly hope it’s not the plan because it’s worse than no plan.

 

Reason why I think it’s bs is because it’s crazy.

 

This is where I've landed as well. I don't believe the plan will be implemented because the damage will be too high so putting a low probability of it materializing. 

 

14 hours ago, Gregmal said:

I just can’t keep up with how quickly narratives change. Trump was a mindless idiot without a plan one day, and now all of a sudden he’s the first politician in decades to show up with a grand plan for handling the budget deficit and economy… 

 

I agree - there are too many competing camps in the administration and no unified plan. Not to mention the execution and completion of such a plan would take many years.  

Posted
1 hour ago, rogermunibond said:

 

The USD has been off the gold standard since the 1970s when Nixon ended dollar gold convertibility.

 

Yes, I know, but I would think, even if there is no direct gold standard anymore, that credibility of USD is somewhat linked to gold reserves. 

Posted
3 hours ago, cwericb said:

 

Cubs, have you ever heard the expression... "Consider the source"? Do you ever fact check what you read?

 

But then again, there are those who listen to Trump and believe most (all?) of what he says. The man lies so much you have to wonder about the people who believe what he says. The sorry part of this is that he has sucked in some reasonably smart people as well as the die hard members of his cult.

 

It appears that some here will listen to any far right BS and take it as gospel.

 

If you haven’t heard MAGA thinks fact checking is evil.

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