Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...…a few hundred thousand (?) refugee afrikaans farmers emigrating to the u.s.a. would add a whole new dimension to race/ethnic relations in this country.
factor in that they would be fleeing a threat (imagined or real) of racial genocide at the hands of the blacks…
talk about living in interesting times!
Sounds like a good idea to me, a humanitarian gesture.
What the Hell is Trump waiting for everybody wants more immigration ! GIVE it to them…WHITEies from S.Africa .
easy to explain ..they are being political refugees and victims of Racial unjustice …Fight RACISM bring them here !
Dont let Australia have all the GOOD ones ! Be a hero save the BLANKS…
was hired as a throwaway economist and a shill for Trumps plan to get Gold up and say I hired a anti Gold guy but he failed and I fired him….so dont blame me…..hehe
Found this on the web…he seems to agree with my maths…..thoughhow anyone lived after snorting that much Blow/month is bizarre…..I think Larry even lies about his coke habit !!!!!
Trump has reportedly selected Larry Kudlow to replace Cohn as chief economic advisor. Kudlow, like Ben Stein, isn’t really an economist (he has a BA in history), but he does play one on TV. He is an unabashed Art Laffer disciple, and sucker of the supply-side teat.
Kudlow does have a stainless-steel nose with no remaining septum and a bore like a howitzer. According to Wikipedia, he once sported a $100,000/mo. cocaine habit. Let’s break that down. Street price for cocaine is around $100/gram. So, if he was scoring off a street-corner, he was doing a kilo of blow a month, or around 32 grams/day. Realistically, if you are honking at Kudlow’s rate, you buy in bulk. Cocaine by the kilogram is worth about $20,000/kilo. So, assuming that an economist would try to get the best deal, he was doing 5 kilo/month. That is 10 lb. of coke a month, which is a prodigious amount of marching powders! The dude had to be cutting out lines with a road grader and Hoovering them up with a straw the size of a sewer pipe. I bet he got a lot done, though…
Only the best people…..
I’m selling Mad Larry at 6 months, though I doubt he will last anywhere near that. Just reading yr links tells me he can’t keep his mouth shut for 5 seconds, plus his brain has to be shot on 100 K/month of Blow…..someone else calculated that as 4 or 5 kilo’s….which is a bulk price and works out at 166/grams/day, an impossible amount to snort.
If he was paying street prices then @ $ 100/Gram would more like it back then, which still means 1000 gram/month or over 30/day…I’d guess he was useing $ 100 K PA, which is @ 2 3/4 gram/day…still one hell of a lot….that was a bad habit.
So his brain is shot and he now will be acting like a dog with two dicks, no way will he not be tipping off the likes of Cramer etc, before he shoots his mouth off….The Donald will have to fire him any minute.
What does he want to create deflation? Is he trying to insinuate there is a inverse relationship between gold and dollar? Looks like it and that’s not always so when all things of value start going up. He should know that.
I think all of the drugs he consumed has warped his brain. He’s an eternal optimist who never sees the realities of fractional reserve debt ridden economies. Just my humble opinion.
Kudlow graduated from University of Rochester in Rochester, New York with a degree in history in 1969.[4] Known as “Kuddles” to friends, he was a star on the tennis team and a member of the left-wing Students for a Democratic Society at Rochester.
In 1971, Kudlow attended Princeton University‘s Woodrow Wilson School of Public and International Affairs, where he studied politics and economics. He left before completing his master’s degree.[5]
In 1987 Kudlow was hired by Bear Stearns as its chief economist and senior managing director. Kudlow also served as an economic counsel to A. B. Laffer & Associates, the San Diego, California, company owned by Arthur Laffer, a major supply-side economist and promoter of the “Laffer curve“, an economic measure of the relationship between tax levels and government revenue.
He was a member of the board of directors of Empower America, a supply-side economics organization founded in 1993 and merged in 2004 with the Citizens for a Sound Economy to form FreedomWorks. Kudlow is also a founding member of the Board of Advisors for the Independent Institute and consulting chief economist for American Skandia Life Assurance, Inc., in Connecticut, a subsidiary of insurancegiant Prudential Financial.
LOL Perhaps they should be confined in some manner … maybe held incommunicado. 🙂
“It’s not a retirement plan investment. ”
You got that right!
Man your politcos travel cheap
Yr probably right…..personally I would make ’em swim over, if they want to visit the US, but that would be banned as they’d cause too much pollution !!!!!
Plane loses its $368 million cargo of gold, platinum and diamonds on takeoff
The plane with ten tons of gold, platinum and diamonds lost part of its cargo after taking off from Yakutsk airport today.
More rained down as the aircraft gained height.
The Nimbus Airlines AN-12 cargo plane hit problems during takeoff; the treasures fell out of the hold all over the runway.
The plane then dropped some bars of gold as far as 26 kilometres from the airport.
The crew decided to land at the nearby airport of Magan, some 26 kilometres north-west of Yakutsk.
Police sealed off the runway and a vast search is underway.
Gold and platina fell out of cargo plane in Yakutia
Man your politcos travel cheap. If those were American lawmakers the bill would have been in the millions easy!
Not impressed by Krudlow at all, real lightweight…..maybe Trump wants nothing but yes men around him, as Krudlow will never rock the boat.
Taking a clown off CNBC is not impressive……the Rig remains their only economic policy.
Australia Considers Emergency Visas for White South African Farmers
https://www.nytimes.com/2018/03/15/world/australia/south-africa-white-farmers-peter-dutton.html
Weird. That is a NY Times story from Drudge and when I copied and pasted the web address it came up with this picture and no link. Anyways the story is at Drudge or the NYT.
A lot of these miners will sell shares in a downturn or worse do RS to pay their bills. They’re dangerous to hold after the top is in at that time after a bounce. Not the same when it was continuously moving up and were only talking about pullbacks. Year after year it eats at their profits. Worse are the explorers who didn’t have much in the first place. You can make money as it starts going but until then you know the rest of the story. It’s not a retirement plan investment.
A group of Members of Parliament and other parliamentary staff cost taxpayers £84,000 for a trip to the United States to investigate the phenomenon of fake news, spending a remarkable 11,506,749 per-cent more on the jolly than the total spent by the alleged Kremlin “troll farm” on Facebook adverts during the Brexit referendum campaign.
Led by MP Damian Collins, members of the Parliamentary Digital Select Committee including ten further members of parliament, the committee clerk, a senior committee specialist, and a media officer flew to the United States in February, costing the taxpayer a whopping £84,000.
Included in that spend was £37,538 for business class flights, £6,500 on minibuses, £1,250 on security, and £140 on gifts. The party stayed at £192-a-night hotels in New York and Washington D.C., and spent £14,655 to broadcast an evidence session from George Washington University, according to a Freedom of Information release acquired by POLITICO.
Mission Impossible.
U gotta be kidding…… Bolton could start a war in a phone box.
You think Kudlow is bad. Just saw a headline that McMaster will be fired and replaced with dual citizen warmonger John Bolton. Unbelievable
