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Join Date: Apr 2002
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^^^^ yep

Old 08-28-2018, 01:57 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #41 (permalink)
A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
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Quote:
Originally Posted by aschen View Post
Tax Revenue needs to go substantially up AND spending needs to be substantially reduced to have any hope of making a big dent in the debt with in a couple generations.

We are in for tough times at some point though I don't pretend to predict how and when it will materialize. We have had this same harsh reality for many years now, but if you would have change you porfolio based on it you would have screwed yourself for sure.

I am reminded of kids with credit cards making minimum payments and applying for more......
Neither do I...

I can work out the possible scenarios...

TABS time is different than either geologic or economic time...We each have our own schedules...and the twain seldom meets.

I feel we are eventually headed for a much more decentralized "Green" world*....

This science and technological world of economies of scale is going to fail. The model is flawed...Science and technology has become the new religion that is going to save you from yourself. That is the height of arrogance.....it is a reliance on the material world at the expense of mans spiritual self.

*Do you think my vision does not have hope? There ^^^ it is.
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Last edited by tabs; 08-28-2018 at 02:13 PM..
Old 08-28-2018, 02:08 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #42 (permalink)
A Man of Wealth and Taste
 
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Join Date: Dec 2002
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Quote:
Originally Posted by KC911 View Post
He's a local boy...I voted for him a few years back....more fiscally conservative than any R I've ever voted for too btw . Erskine Bowles....he was the brains amd Simpson was the face....

They spoke the truth...neither party can handle the truth though....sucks...both parties.
You still have me...
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Old 08-28-2018, 02:11 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #43 (permalink)
A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
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Yesterday 8/28 the SP500 breached 2900 on an intraday high. Closing at a fractionally higher high, right below 2900. Today 8/29 The SP is powering right past 2900 and is currently at 2912.

Last edited by tabs; 08-29-2018 at 10:49 AM..
Old 08-29-2018, 08:54 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #44 (permalink)
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Quote:
Originally Posted by tabs View Post
He11 NO!
Ok, so you're not allocated to cash.
What percentage are you invested in gold?
What about US equities? What % ?

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Old 08-29-2018, 02:11 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #45 (permalink)
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