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  1. K

    Only 16% of Californians Can Afford to Buy a Home

    We're getting close to having a dictatorship here in the US. When the folks in power do as they please without recourse nor consequence at the expense of the people while controlling the media and censoring dissent...what do we have?
  2. K

    What are ‘Big Short’ Michael Burry and Warren Buffett seeing that we aren’t?

    And there's little hope in the medium term future for things to get better. With all the fiscal spending of the last few years, we're at a point now where the annual interest to service existing debt could be in the $1T range by 2030. You can't help but think either equity prices will come off...
  3. K

    Economic success-choose hard work NOT victim hood

    You definitely would gotten a much warmer reception with the MSNBC crowd here using the handle "Afro_pride".
  4. K

    Only 16% of Californians Can Afford to Buy a Home

    And given the mass exodus from CA over the past few years, who in their right mind would want to buy a home in CA anyway? The taxes are the some of the highest in the country. Crime isn't prosecuted in many areas. Local and state gov'ts are forcing you to outfit the home with horribly...
  5. K

    UPS drivers average 170k?

    Not bad. And now the public doesn't want them to stop or arrest anyone out there, which makes it an easier gig.
  6. K

    Biden administration restricts American investments in high-tech sectors in China

    Pushing back is pretty mild from what I recall. They were hostile and openly calling him racist for even suggesting such a thing. The same happened when he offered the national guard to urban areas about 1,000 murders ago... and today they are asking for them. The running joke in DC now is the...
  7. K

    The Money Supply Has Shrunk For Eight Months In a Row

    You are talking about monetary policy. You should take a look at recent fiscal policy and give it the same level of scrutiny. While trillions of new cash pumped into the SYSTEM has consequences, so does trillions in cash GIVEN TO THE PUBLIC - perhaps even more so.
  8. K

    Does Trickle-Down Economics Actually Work?

    Basic economic knowledge has still eluded some of you. Keep watching MSNBC though... LOL
  9. K

    $10B Of Goodwill Gone

    As you probably know, goodwill is a highly subjective accounting category. It shouldn't be that way, but in practice it is. Nearly everything lumped into goodwill is speculative in terms of valuation and I saw companies years ago tinker with those numbers endlessly to make the business appear...
  10. K

    IB autoliquidation

    On the order ticket, if you click on preview it should be on the right. Sometimes on mine in the last hour of the day I get orders rejected for projected post expiry margin deficits. It's also an option on your account window if you have it selected to show (in the margin requirements window -...
  11. K

    IB autoliquidation

    What else did you have on at the time? I've had instances where I had options expiring worthless that same day but the underlying had creeped a bit closer and IB started acting like they would be assigned, which could create a post expiration margin deficit in their model. When the margin...
  12. K

    Ken Griffin’s $63 million Chicago condo selloff is not going well

    Ken left Chicago. Chicago's murder rate is more than 4 times that of the state of Florida.
  13. K

    Ken Griffin’s $63 million Chicago condo selloff is not going well

    Given why he left Chicago, the fact that crime is even worse now and the new mayor is working to increase crime - he should dump them all asap as the prices are only going to go down.
  14. K

    This is why you need bitcoin...

    All of these "problems" could have been avoided with the bank if Mercola and others had invested in art. Just 500K for an awful piece painted by a crackhead and not only will the gov't leave you alone, but you could get a cool cabinet post and maybe get to hang out with "the big guy".
  15. K

    This Big California Pension Fund Couldn’t Keep Up With a Generic Stock and Bond Portfolio

    Their "goals" no longer have anything to do with returns.
  16. K

    SCOTUS kills Biden plan to forgive student loan debt

    The irony of the muslims burning France down...imagine how that would be handled in their home countries.
  17. K

    SCOTUS kills Biden plan to forgive student loan debt

    Given how he operates today, I would expect a new debt forgiveness plan rolled out now - because he knows that SCOTUS can't take it up until the Fall and the ruling wouldn't be until next Spring. He's just going to do whatever he wants anyway. For the current administration, you don't need to...
  18. K

    SCOTUS kills Biden plan to forgive student loan debt

    Even Biden and all of his handlers knew this thing wasn't legal or even viable. They would have been shocked if it had been allowed to stand - thus Biden on TV this afternoon with his "Plan B" already rolled out. It was all political the entire time. It was Biden always saying "hey look at...
  19. K

    How about a $19,000-per-month internship this summer?

    Ken moved just about everyone to Miami last year. The cold they could tolerate, but the crime got to be too much.
  20. K

    about DRIP

    I had a friend that had me review her investment portfolio. She had a decent sized account with a top name brokerage and they had her focusing on dividends. Over the 5 year period of her latest statement the S&P was up 37% and her account was only up 4%. They were churning her account...
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