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So who had Chosen people Flambeau?

So ice grabbed his wife and 5 yes 5 kids. All here illegally, the question seems to be will they be deported to Egypt where he's originally from or Kuwait where he lived for 17 years. I say send them to Gaza so they can support the "Palestinians". While he rots in prison.

i mean, what a change in the last 6 months. he's illegal, commits big crime, of course his wife and family are illegal too, go ahead and grab them as well.

i guess every little bit helps.

Ukraine war Bullshit.

Can you imagine sitting on a couch pounding a keyboard if a foreign country was marching through the southern border or the northern border? One of these shit bags has claimed that he doesn't need to because he already did his tour. When your country is being invaded by a foreign army is there a "tour" ? Or is it stay till the job is done or your dead.
I think these clowns have to believe the bullshit that they are shoveling to ease their conscious.

It's incredibly cowardly and pathetic.

For able bodied individuals to spend so much time spreading their proclamations across the Internet about how noble and worthy of a war this is, from the comfort of their own homes shielded from the consequences of what they advocate for, is the most cowardly thing an individual can do.

Trump/DOGE works!

I just got a Form 1 (SBR )approved in 1 1/2 weeks! I know some others have had a similar result, but in the last two years it has taken up to a year and involvement of my Congressman to get multiple form 1's (SBR's) approved. Also, the ATF actually e-mailed me today and asked for some more photo's of the receiver (it confused them a little because I built the receiver myself, and didn't just cut the barrel on a commercial firearm). I e-mailed with the ATF back and forth today, and just got the form approved. A year ago I would have waited 6 months and just got a "disapproved" asking for more pics. Look in the vintage forum for my latest build of an Erma EMP "sub-machine gun" (NFA registered semi-auto SBR).
erma emp.jpg

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erma l.jpg


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Ukraine war Bullshit.

@kalashnikev and @SNB

Again, why aren't you guys actually over there fighting, doing everything you can to make a difference?

This is a gun forum, we are here to talk about guns. We don't give a fuck about Ukraine, Russia or the 194 countries that aren't the USA.

You guys clearly care very much about this war it's weird that you are coming here to fight with American randos on the internet over it.

Fight and make a difference, lest be a coward.

Can you imagine sitting on a couch pounding a keyboard if a foreign country was marching through the southern border or the northern border? One of these shit bags has claimed that he doesn't need to because he already did his tour. When your country is being invaded by a foreign army is there a "tour" ? Or is it stay till the job is done or your dead.
I think these clowns have to believe the bullshit that they are shoveling to ease their conscious.

PortaJohn

Good discussion on Debt and Interest Rates from WolfStreet. Most of the debt (esp that $150T) just isn't going to be paid or at least not with any form of currency that has any purchasing power.

TLDR - current average cost of funds for the US is @ 3.4%. We have 6T of re-fi slated this year alone. (Using a 10yr Note as an example) on the roll, that debt is to be refi'd @ 200+ basis points more, driving the weighted average cost of funds. Some say we can go to 5% before it hits the fan. Regardless - this is the story of gradually, and then all at once.

Couple of other factoids:

For every $1.00 of stimulus (public money spent into the economy to generate more public wealth) the return is currently @ $0.15.
@ 19% of all income in America is transfer payments
@ 70% of the US Econ is Consumer Spending (*consider these last 2 together)
Current Debt to GDP is @ 130%. That rocket ship took off in 1981, and on a graph (regardless of games played under Clinton in the 1990s) it is has been a virtual straight line on the graph, @ 20 yrs we'll be at 200%.......unless of course the World tires of Modern Monetary Theory and WRC / Treasuries which can be confiscated via sanctions prior to that - kinda bet it does.
150 trillion is low. If you include government debt, unfunded liabilities, various financial obligations (private debt and shadow banking) and DERIVATIVES it gets MUCH higher. Like in the quadrillion range according to some. It's an important distinction because it speaks directly to the debt market. There isn't enough dollars running around to cover all of the existing obligations. If/when it goes south there WILL be defaults. It doesn't even have to be in the quadrillion range to do that. Just the lowish trillions. It's important because the blowback onto the GDP should a significant black swan show up will be huge, which will in turn affect all manner of money flows to the governments of the world, not just the US.

We saw some of this unwinding in the aftermath of the GFC with the dark pools - it couldn't be fully determined who owned homes that were being repo'd. A few took it to the courts and won. If that were to happen at scale it will be catastrophic.

Your analysis of the declining return on stimulus is spot on. The only way out of this is either a financial reset or government default.

PortaJohn

Keeping the HUGE part quiet. 'unfunded liablilites'

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Good discussion on Debt and Interest Rates from WolfStreet. Most of the debt (esp that $150T) just isn't going to be paid or at least not with any form of currency that has any purchasing power.

TLDR - current average cost of funds for the US is @ 3.4%. We have 6T of re-fi slated this year alone. (Using a 10yr Note as an example) on the roll, that debt is to be refi'd @ 200+ basis points more, driving the weighted average cost of funds. Some say we can go to 5% before it hits the fan. Regardless - this is the story of gradually, and then all at once.

Couple of other factoids:

For every $1.00 of stimulus (public money spent into the economy to generate more public wealth) the return is currently @ $0.15.
@ 19% of all income in America is transfer payments
@ 70% of the US Econ is Consumer Spending (*consider these last 2 together)
Current Debt to GDP is @ 130%. That rocket ship took off in 1981, and on a graph (regardless of games played under Clinton in the 1990s) it is has been a virtual straight line on the graph, @ 20 yrs we'll be at 200%.......unless of course the World tires of Modern Monetary Theory and WRC / Treasuries which can be confiscated via sanctions prior to that - kinda bet it does.

ps - Jamie Dimon tells you the truth (if you want the Dollar to be worth something, someone needs to be willing to die for it, b/c nothing backs it but force):

He also mentioned the US dollar's potentially waning status as the leading world reserve currency, which has been an axiom since the end of World War II.

'I always get asked this question: Are we going to be the reserve currency? No. You know, if we are not the preeminent military and the preeminent economy in 40 years, we will not be the reserve currency. That’s a fact. Just read history,' he said.