American Politics

[EihTooms]

Warren Buffett says monkeys could do as good a job investing as Wall Street financial advisors
May 2 2022

https://www.cnbc.com/2022/05/02/warr...mple-game.html

In case the link does not work for anyone here looking for some of the best advice available for succeeding in their long term investment goals re the stock market, this is the most important passage of that report:

Buffett has long recommended that investors put their money in low-cost index funds, which hold every stock in an index, making them automatically diversified. The S&P 500, for example, includes big-name companies like Apple, Coca-Cola and Amazon.

Buffett previously told CNBC that for people looking to build their retirement savings, diversified index funds make the most sense practically all of the time.

"Consistently buy an S&P 500 low-cost index fund," Buffett said in 2017. "Keep buying it through thick and thin, and especially through thin."

[EihTooms]

Dream on, pal. I could care less what you think about the market, and I put my cards on the table and told you what I have bought. There is no way in hell you could change my mind.

I want to show everyone that you are a liar or hypocrite. If you are a big Biden supporter, you would tell me what you have invested in, but you won't which shows everyone what you are, a gutless coward. If even a dyed in the wool political hack like you won't invest in Biden, why the hell should anyone else?

When the market crashes, I will go back to this post and show everyone how gutless you are. And when the market does crash, you will point to some bullshit metric and say it was the Republicans' fault. I wish I could invest in that, your being full of shit. Hell, even Buffett would get in on that action.

I have told you numerous times what fund I am invested in at least 90% of my portfolio and even what the other 10% of my stock market holdings are in and that, although I have moved in, out and back into the market in the past (not just "buy and hold" since the beginning) to very positive results, I am now fully invested in the market with those funds and did not sell any portion of my holdings all through and well before Biden took office. Thankfully.

This harkens back to the times when either you or one of your other blithering lost and confused winger Repub nics here would start your post with the subject line, "I agree with you" and then proceed to contradict everything I said. LOL.

In those cases I just wrote it off as your lame attempt at humor. I now recognize it as a continuing pattern exhibiting your hopelessly incurable mental illness. Seek help.

[DramaFree11]

Dream on, pal. I could care less what you think about the market, and I put my cards on the table and told you what I have bought. There is no way in hell you could change my mind.

I want to show everyone that you are a liar or hypocrite. If you are a big Biden supporter, you would tell me what you have invested in, but you won't which shows everyone what you are, a gutless coward. If even a dyed in the wool political hack like you won't invest in Biden, why the hell should anyone else?

When the market crashes, I will go back to this post and show everyone how gutless you are. And when the market does crash, you will point to some bullshit metric and say it was the Republicans' fault. I wish I could invest in that, your being full of shit. Hell, even Buffett would get in on that action.

Not a question of if, It will crash, the question is when, probably sooner, than later with Biden running the show. How they have screwed things up this bad in 1 year is mind blowing, so sad, but I hope they can get there act together soon and they prove me wrong. We will see.

[Elvis 2008]

At least one blithering lost and confused soul keeps begging me for financial advice and stock market prognostications

Dream on, pal. I could care less what you think about the market, and I put my cards on the table and told you what I have bought. There is no way in hell you could change my mind.

I want to show everyone that you are a liar or hypocrite. If you are a big Biden supporter, you would tell me what you have invested in, but you won't which shows everyone what you are, a gutless coward. If even a dyed in the wool political hack like you won't invest in Biden, why the hell should anyone else?

When the market crashes, I will go back to this post and show everyone how gutless you are. And when the market does crash, you will point to some bullshit metric and say it was the Republicans' fault. I wish I could invest in that, your being full of shit. Hell, even Buffett would get in on that action.

[MarquisdeSade1]

Night after night, the host of the most watched show in prime-time cable news uses a simple narrative to instill fear in his viewers: "They" want to control and then destroy "you. ".

A New York Times analysis of 1,150 episodes reveals how Tucker Carlson pushes extremist ideas and conspiracy theories into millions of households, five nights a week. He's done so since the beginning, but the show has gotten darker. Carlson, 52, has one of the largest megaphones in all of cable television. When President Donald Trump left office, Carlson filled the void on the right. Here's how the show works.

When you enter Carlson's world each night, you are among his 3 million-plus viewers and part of a Fox News audience that is 92% white and overwhelmingly older, according to Nielsen data. They are the "ruling class. " They threaten everything you believe in.

The New York Times' Pathetic Hit Job on Tucker Carlson Fails Miserably.

Accuracy isn't the point at America's benighted "newspaper of record."

By Carpe Diem.

May 2, 2022.

Last weekend, New York Times "political and investigative reporter" Nicholas Confessore disgorged more than 15,000 words in an effort to smear and vilify Fox News host Tucker Carlson and his viewers. Confessore's real goal, obviously, was to terrify Carlson's advertisers to withdraw from the highest-rated cable TV talk show in America. Carlson, Confessore and the Times want readers to think, is nothing more than a televangelist for "white nationalists."

Confessore offers not just one but three absurdly long and profoundly idiotic pieces to his Carlson hit job. The first story will suffice to get the flavor. That's where Confessore uses the word "racist" no fewer than 10 times to describe Carlson as a bigot who intentionally stokes "white resentment" for his more than 3 million viewers who are also supposedly "racist," and probably smelly, and poorly educated, too.

This is the same newspaper that covered up the Holocaust, ignored Joseph Stalin's manufactured famine that killed anywhere from 7-13 million people between 1932 and 1933 in Ukraine, and relentlessly smeared Ronald Reagan.

This is the same newspaper that accused Sarah Palin of being culpable for the 2011 shooting of USA Representative Gabby Giffords in Tucson, the same newspaper that won a Pulitzer Prize after spending two years falsely accusing Donald Trump of being a Russian agent, and the same newspaper that ignores and covers up Joe Biden's family corruption, mental and physical incapacitation, and destruction of our country as he opens our border to millions of illegal aliens, undermines the energy industry, and blows up our economy with disastrous inflationary spending.

Still, wretched track record and all, the attacks against Carlson were vicious and completely unwarranted.

According to the Princeton-educated and Pulitzer Prize-winning Confessore, Carlson, "has constructed what may be the most racist show in the history of cable news—and also, by some measures, the most successful. ".

Evidently, when someone who isn't a left-winger happens to be successful and has a large following, it must be because that person is a white supremacist.

Along with "racist," Confessore uses the phase "white nationalist" no fewer than 10 times in the first piece and suggests that Carlson "has adopted the rhetorical tropes and exotic fixations of white nationalists, who have watched gleefully from the fringes of public life as he popularizes their ideas. ".

In other words, millions of people don't tune in to Carlson's program because he's handsome, intelligent, hilarious, refuses to talk down to his audience, and has the courage to speak about issues other conservatives won't touch. Oh no, it's as simple as "racism sells. " Carlson is the white supremacist version of Ibram X. Kendi.

But Confessore wasn't finished with his brilliant analysis. (With all of those words, how could he be?) Carlson's show, he writes.

Teaches loathing and fear. Night after night, hour by hour, Mr. Carlson warns his viewers that they inhabit a civilization under siege—by violent Black Lives Matter protesters in American cities, by diseased migrants from south of the border, by refugees importing alien cultures, and by tech companies and cultural elites who will silence them, or label them racist, if they complain. . . Amid nationwide outrage over George Floyd's murder by a Minneapolis police officer, Mr. Carlson dismissed those protesting the killing as 'criminal mobs. '.

So according to Confessore's crack investigatory work, all of those things he listed are just imagery grievances. There is no reason for Americans to deplore the 2020 BLM riots that left 2,000 police officers blinded or injured, more than two dozen people dead, and property damage that reached $2 billion—the most expensive in insurance history. It defies all reason that black business owners wouldn't invite "fiery but mostly peaceful" protesters to incinerate their life's work and investment. Of course they would want to defund the police! Justice demands it!

The crisis at the southern USA Border must be a figment of Carlson's imagination. Have hundreds of thousands of illegal aliens from more than 100 countries poured across the border every month since Joe Biden took office? Well, sure. But let's pay no mind to the debate currently roiling the Democratic Party about the wisdom of ending Title 42, the COVID-era legislation that lets border officials immediately deport illegal aliens for health reasons. The old economic argument against unfettered immigration—an argument that certain Democrats embraced as recently as 2015—is simply "racism" now. There's no longer any reason for white, blue-collar workers to worry about illegal labor depressing wages and straining public welfare systems. And, of course, illegal aliens never, ever break the law.

At this point, you're probably wondering where Confessore's evidence is that Carlson is a racist. Well here it is: "Among the most frequent recurring characters on 'Tucker Carlson Tonight, Confessore writes, "are Black politicians like the Democratic congresswomen Maxine Waters and Ilhan Omar and Vice President Kamala Harris, whom Mr. Carlson has portrayed, against the available evidence, as a kind of shadow president. He regularly disparages Black women as stupid or undeserving of their positions."

Just so we're clear, Maxine Waters is not a corrupt and embarrassing dolt who gives special favors to her husband, who once called for violence against Trump officials, made a fool of herself in front of CEOs of America's largest banks, and who threatened more violence if jurors didn't reach the "right verdict" in the Derek Chauvin trial. No, actually, Waters is a delightful, smart, and ethically sound public servant!

The same is true of Kamala Harris. She's not a cackling, incoherent imbecile who speaks to her audience as if they have lower IQs than her own. She's actually done an impeccable job with handling the border crisis, and dealing with Ukraine, combined with her vast knowledge of foreign policy. And no, don't you dare believe for one second that she was picked for this job because of her skin color, even though that's exactly what her decrepit boss told us, or that she's advanced this far in her career because of her relationship with Willie Brown. No, according to Confessore, if you believe any of that, you're racist and sexist and that's all there is to it.

And the same is true of Ilhan Omar. She's not an ungrateful immigrant who bashes this country any chance she gets, or a raging anti-Semite. Like Watters and Harris, she is also warm and wonderful. Smear them and you're a white supremacist. Got it?

For Confessore, Carlson's greatest sin may be his refusal to accept the narrative that the events at the USA Capitol on January 6, 2021 was an "insurrection" and an assault on democracy. "Mr. Carlson has become the most visible and voluble defender of those who violently stormed the USA Capitol to keep Donald J. Trump in office, playing down the presence of white nationalists in the crowd and claiming the attack 'barely rates as a footnote' . . . Accuracy isn't the point on 'Tucker Carlson Tonight.'

As American Greatness senior contributor Julie Kelly has documented here and on her frequent appearances on Carlson's program, the only people who died on January 6 were unarmed Trump supporters—notably Ashli Babbitt, who was shot without warning at point blank range, and Rosanne Boyland, whose death the the. See. Coroner ascribed to an Adderall overdose. Carlson has rudely pointed out the federal government's double-standard in going easy on rioters who attacked and damaged federal courthouses in 2020 while keeping January 6 demonstrators charged with nonviolent offenses such as trespassing in solitary confinement ahead of their trials.

But accuracy isn't the point at America's benighted "newspaper of record."

Fortunately, Tucker Carlson is not going anywhere.

[MarquisdeSade1]

https://sputniknews.com/20220429/nat...095145039.html

Wait until a terrorist shoots down an American airliner!

[PVMonger]

{SNIP}
And you know that how? Do you think our media has talked to Putin and asked him why he invaded? Hell no. All we get this shit about Putin being a monster and wanting to restore the old USSR. {SNIP}

Who in their right mind would believe anything that Putin says anyway?

Putin told his own people that he invaded because he wanted to "de-nazify" Ukraine. That is as ludicrous as saying that the 2020 election was stolen.

Putin's own government as said that the "de-nazification" thing is true because Zelenskyy is Jewish and so was Hitler. That is as ludicrous as "Yo Semites".

Putin has also said that he believes that Ukranians and Russians are "one people" and that Ukrainians wanted him to invade. The latter part is as ludicrous as saying that the US Army took over the airports in the Revolutionary War.

Putin has said that he hasn't committed any "war crimes" and that it is all staged. That makes as much sense and saying that windmills cause cancer.

In the end, what does it matter what Putin says. He has told the truth as often as his pal, the Mango Mussolini.

[EihTooms]

Aren't there a couple of self-described financial advisors and others who pay serious money for financial advice here? At least one blithering lost and confused soul keeps begging me for financial advice and stock market prognostications and it appears he doesn't even know the critical inherent difference between stock market speculation, day trading, gambling, etc and long term investing.

Well, for those interested in long term investing for a solid, comfortable, fun and pleasurable retirement and future, I hear this Buffett fellow knows quite a bit about how to accomplish that. Probably more than anyone here, even me.

However, I did manage to sprinkle in a couple of safe haven shifts out of the market at or near the top right before a meaningful Bear Market decline and bought back in at or near the bottom right before the subsequent Bull Market Run over the decades. And that isn't exactly in line with Buffett's simpler "buy and hold a broadly diversified stock market Index fund" recommendation for most. But it worked out well for me anyway.

As always, YMMV.

Warren Buffett says monkeys could do as good a job investing as Wall Street financial advisors
May 2 2022

https://www.cnbc.com/2022/05/02/warr...mple-game.html

Legendary investor Warren Buffett calls investing a simple game that financial advisors have convinced the public is harder than it really is.

Speaking at Saturdays Berkshire Hathaway annual shareholders meeting, Buffett slammed Wall Street financial advisors for catching the crumbs that fall off the table of capitalism and said that in most cases, monkeys could provide better investment returns simply by throwing money at American companies.

You can have monkeys throwing darts at the page, and, you know, take away the management fees and everything, Ill bet on the monkeys (over the advisors), he said.

Buffett pointed out how since 1941, the Dow Jones Industrial Average has increased from $100 to more than $30,000, and said that most people need only put their money into an American business and let it grow..

[PVMonger]

https://www.newsmax.com/newsfront/nb...02/id/1068157/

Guess what? NBC News discovered the issue and called it out.

As opposed to FUX "News" whose own layers argued that nobody in their right mind should believe somebody like Tucker Carlson because he is full of shit.

Tell me something. If the majority of rightwingnut voters believe every word that Carlson says, doesn't that mean that none of them are in their right mind? https://www.findlaw.com/legalblogs/g...porting-facts/.

[PVMonger]

Maybe listen to Our Lord and Savior or even Noam.

https://dailystormer.cn/noam-chomsky...n-the-ukraine/

https://dailystormer.cn/adam-kinzing...children-male/

Why would I listen to two of the dumbest people on the planet?

[MarquisdeSade1]

Night after night, the host of the most watched show in prime-time cable news uses a simple narrative to instill fear in his viewers: "They" want to control and then destroy "you."

A New York Times analysis of 1,150 episodes reveals how Tucker Carlson pushes extremist ideas and conspiracy theories into millions of households, five nights a week. He's done so since the beginning, but the show has gotten darker. Carlson, 52, has one of the largest megaphones in all of cable television. When President Donald Trump left office, Carlson filled the void on the right. Here's how the show works.

When you enter Carlson's world each night, you are among his 3 million-plus viewers and part of a Fox News audience that is 92% white and overwhelmingly older, according to Nielsen data. They are the "ruling class. " They threaten everything you believe in.

Sign up for The Morning newsletter from the New York Times.

They include Democratic and Republican officials, members of the media, Big Tech executives, academics, sports and Hollywood stars, and others...

https://www.newsmax.com/newsfront/nb...02/id/1068157/

[MarquisdeSade1]

https://www.newsmax.com/newsfront/ru...02/id/1068092/

[MarquisdeSade1]

So, what would you do? Give Ukraine to Putin just like Donnie would have done? Then give Putin Lithuania, Estonia, Latvia and Moldova too? And after that? Since the Soviet Union once occupied Poland, the Balkans, Hungary, Romania and half of Germany, give Putin those countries too? Geez, what an idiot! And a very typical rightwingnut idiot with enough IQ points to decorate a domino.

Or, would you have just bombed the Russian troops before they even invaded?

Typical Republican response. Complain, complain and complain some more without offering any concrete proposals. That the QOP playbook.

Maybe listen to Our Lord and Savior or even Noam.

https://dailystormer.cn/noam-chomsky...n-the-ukraine/

https://dailystormer.cn/adam-kinzing...children-male/

[Elvis 2008]

No, dummy! It's Chamberlain all over again. You are risking nuclear war by trying to appease a nuclear blackmailer. Give in and he's not going to stop at Ukraine. When are you morons going to learn?

Uh, Hitler zoomed through France in no time and in three months after declaring war on the USSR was on the outskirts of Moscow. Putin cannot even beat the poorest country in Europe. Does Putin have some super secret army to take over the rest of Europe no one knows about?

And yeah, I think it is a good idea to appease someone with nukes. Call me crazy.

Oh yes, we do have a higher ground after all these wars compared to the unspeakable monstrosities he's committed in Ukraine, the country that has done absolutely nothing to deserve this shit.

We have no moral high ground with Vietnam and invading Iraq for WMDs and associating them with 9-11.

the country that has done absolutely nothing to deserve this shit.

And you know that how? Do you think our media has talked to Putin and asked him why he invaded? Hell no. All we get this shit about Putin being a monster and wanting to restore the old USSR.

I told you from day one in office that Biden was buying and sending huge amounts of military supplies overseas. And then there is that weird story about biolabs. WTF is going on there? What I do know is that the Democrats have been fucking around with Russia and Ukraine since 2014 and all of a sudden there is a war there, and it is 100% all on Putin. Whenever I see a conflict, it rarely is 100% on just on one side.

Not impossible, but unlikely. The next guy will likely be Patrushev, the FSB tsar, and while he is 100% evil, he's not a psycho. I like our chances.

LOL. Matt Taibbi wrote a piece on how the media was slobbering all over Putin when he came to power after Yeltsin. Taibbi said it was more of the same. Now Taibbi is getting slammed because he is not going with the "Putin is a monster and we need to get him out" schtick. The guy lived in Russia, and his take on things is that the Russians in power are like members of a mafia family. So you are going to be betting that a member of the Corleone family is going to be more well behaved than this one after being given power? Yeah, okay.

[Elvis 2008]

Your passionate, knee-jerk defense of the Nasdaq was triggered by my wondering aloud why you continue to avoid referencing the Wall Street "standard" measure for how the broad market is doing, the S&P 500 Index, after you had been using the Dow and then switched to the Nasdaq in order to suggest "the USA stock market" was in a Bear Market simply because the Nasdaq closed below 20% from its all time record high.

So the discussion, your knee-jerk reaction, was absolutely about you defending why you tried to use the Nasdaq as that measure.

Then for some unknown winger lunatic reason you spun off into an argument only you imagined I made that an index fund tracking the Nasdaq would not be worth investing in or some such irrelevant nonsense.

Then along the way I told you exactly what I owned in the stock market, that I did not just "buy and hold" it for decades but instead accurately identified a couple of meaningful market tops and bottoms, bought low and sold high accordingly and that worked out even better for me than the simple "buy and hold" Index fund bet that Warren Buffett made and that resulted in professional active portfolio managers getting their "ass kicked" over a 10 year period.

And there you go again with more mental masturbation. For the fourth time, what are you invested in right now?

It is pretty obvious why you do not want to say. For all your bullshit praising of Biden and his economic prowess, you are not putting your money where you mouth is. You are not betting on Biden and a higher stock market.