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April 20, 2024 at 9:55 pm in reply to: CA’s PUC and PGE. A great Op Ed from the Chronicle, of all places. . . . #8322
LegendKeymasterIt’s easier to do politics if you are really bad at math. The grid issue is math.
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Sic transit gloria mundi (so shut up and get back to work)April 17, 2024 at 9:10 pm in reply to: Reasons Why California’s Wealthy (and not so wealthy) are… #8313
LegendKeymasterHawaii seems like frying pan to fire. It’s possibly the only state more wacko than California.
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Sic transit gloria mundi (so shut up and get back to work)April 3, 2024 at 11:31 am in reply to: Spendthrift Newsom cautions Californians on using too much water… #8282
LegendKeymasterIt’s definitely ironic.
I have to think the market runup is helping California’s situation. The bulk of fluctuation is very high net worth individuals paying income tax rates on capital gains as I understand it. 2022 and 2023 markets weren’t great (until late in 2023) and now it’s gangbusters.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterI don’t know the technical definition of a street gang, which probably has some sort of organized crime element to it. Antifa is more of a clown show intended to intimidate. I don’t know if that qualifies.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterOh just wait. At some point we will realize these interest rates were low.
The long bond in particular is being kept artificially low via supply. The treasury is issuing tons of short term debt and limited long term debt. They will be proven to be the most short sighted treasury leaders in history.
If I had more money I’d be short long duration treasuries from here to 2027. Rates have to go up. Once they go up, they will stay up because of the volume of treasury issues required to simply fund the debt.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterWSJ did a nice job of covering him.
I agree we need more like him.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterWho needs winning when you have beer and prop bets?
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Sic transit gloria mundi (so shut up and get back to work)March 27, 2024 at 4:10 pm in reply to: Stanford alum Kate Starbird won’t give it a rest…on our nickel #8263
LegendKeymasterOne has to wonder if Kate would be funded if she were non-partisan.
Methinks no.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterOne thing is for sure, Doc: They both got more NIL money than you or I ever did.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterI walked into a local smoothie bar and bought a smoothie last week. I didn’t even ask about price. I figured 10 bucks was par.
13 bucks. For a smoothie.
The smoothie was good but I won’t be back.
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Sic transit gloria mundi (so shut up and get back to work)March 18, 2024 at 1:00 pm in reply to: Gallup reports that Biden has the worst Y3 polling results since Carter #8243
LegendKeymasterAmazing to see that Trump was at 48% approval at this point in 2020. Then, the pandemic took off, Dems encouraged riots in the streets, and Trump was turned into evil incarnate by the press.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterHistory shows that vice presidents play a bit role. They range from useful displays of competence (think Dick Cheney) to mere insurance policies (Kamala) to actively dismissed but politically necessary (Truman hardly ever met with Roosevelt).
I think Joe Biden is a relatively small man who views his VP position with Obama as somehow a favor he did Barack. These reports on his needs to compare to his former commander in chief are instructive: the man knows that Barack was right in his assessment.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterWe have a better court thanks to the Trump administration. That was my rationale for voting for Trump, and to this day it stands true. A court with three more liberal justices like sotomayor, who seems not to even have a judicial philosophy outside of her politics, would be a disaster for regular Americans.
There is political hay to be made on the overturn of Roe, but the reality is that the court only sent the issue back to the states. This was the correct move, and the one that should constitutionally be done more often.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterOh he took a bump or a hit of something. He was yelling like a madman out there.
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Sic transit gloria mundi (so shut up and get back to work)
LegendKeymasterAlso, he kept saying he has reduced the deficit. It’s a fascinating thing, how the Dems treat the pandemic and the spending within it as business as usual.
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Sic transit gloria mundi (so shut up and get back to work) -
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