-
Posts
3,133 -
Joined
-
Last visited
-
Days Won
35
Everything posted by OlDawg
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Half a point is historically a significant drop. It just doesn't seem like much compared to the high of 9%. I made nothing up. You need to study history more. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Gonna be a good weekend to smoke a brisket for sure. I usually buy 2 when they go on sale around Memorial Day. Smoke one & freeze the other for later. We like smoking a brisket for Christmas if our kids/grandkids are coming down. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Can of no salt added Starkist in water, tbsp. of mayo, tbsp. of dill relish on a low carb tortilla. Add an apple I split with my better 1/2. 40 grams of protein, 20 grams of fiber, only 200 mg of sodium, and a bunch of vitamins. It’s a fancy lunch called a tuna wrap. Cost: About $2.75 😉 -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Man! Where the heck are y’all buying groceries? KROGER: Choice Boneless Beef Brisket Untrimmed Whole in Bag (Limit 1 at Sale Price) $3.99/lb. I never pay full price even before inflation. Pork Butt was $.99/lb. last week. I’m smoking it tomorrow, vacuum packing what we don’t eat for stuffed spuds, brisket enchiladas, & barbacoa tacos. We gat about 4 different meals for about $12.00 total for the main course. 😀 -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
It’s not a punishment to say you ‘might be inclined to keep someone out’ that didn’t want to invest there in the first place. Exxon has been around a lot longer than Trump. They’ll be here long after he’s gone. -
Welp...That didn't take long. NYC residents say Mamdani reneging on affordable housing promise with proposed property tax hike [Hidden Content]
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
No he didn’t. He offered incentives for investing—not punishment. Now, you’re just making stuff up to fit a narrative. Also, remember what I said about good policy vs. bad policy. The previous Administration’s policies stunk. It showed up immediately with over 9% inflation. Unreal. The current Administration has lowered that inflation number down significantly to a manageable rate. Question is, with the new policy fluctuations again, will they begin creeping up, or will they maintain a 2.4-2.6? The new Fed Chair will have a bearing since the benchmark interest rate should be around 3.5 right now at the high end. Either way, we need stability for investments. Promises are good. Actual tangible infrastructure investments are better. The deregulation will play a big part moving forward. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Need to remember: Good policy takes a while to show benefits. Bad policy shows up almost immediately. That’s why I’ve given time on the tariff situation. But, it’s to the point where businesses need more final clarity. Most of the clients I worked for had at least a 5 year plan for engineering projects. This is too much turmoil for them to make major investment decisions. It affects not only engineers, construction, equipment suppliers & other vendors, but also the support businesses like restaurants, safety equipment suppliers, even lodging, etc. Pretty sizable chunk of the economy. I’d expect a builder who also wants to expand our infrastructure, and wants to ‘drill baby drill’, would know this and enact policy accordingly. People sure aren’t going to invest in Venezuela when they don’t even know what’s going on here. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
My approach is based on policy. Nothing more. Nothing less. As @UT alum has noted, I am a fiscally conservative libertarian…the most dispassionate of the political affiliations. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Now, it will be August—at the earliest—before businesses can make longer term plans. If POTUS wants an economic boom, keeping businesses from planning isn’t the way to do it. These will be the most bogus USTR investigations in history. I’m taking bets they’ll be completed within 149 days. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
He acted like a petulant child. The same way he enacted some of the tariffs in the first place. This needs to stop. You can't continue to have a global trade policy change at the whims of a single person. That would mean trade policy could change every 2-3 years at election time. That's no way to run a business, and the U.S. is basically a very big business. SCOTUS stuck with their majority textualist's interpretation. I appreciate their consistency. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
This X infinity. POTUS will either have to work with Congress (doubtful—especially with early primaries going already), or find another way. Bad thing is, people will expect prices to come down and they won’t. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
They didn't mention anything about having to return collected funds. Curious about that issue. FYI... The link is a live update link. So, you can continue to check it for reactions if desired. -
The Supreme Court justices, in a 6-3 ruling, upheld a lower court's decision that the Republican president's use of this 1977 law exceeded his authority. [Hidden Content]
-
There are very serious accusations in the file dumps. But, the U.N. Human Rights Council is a joke. The U.N. Secretary General was going to congratulate Iran at the upcoming meeting of the U.N. until severe backlash. I have a hard time giving any credibility to an organization that was going to recognize and congratulate a known terrorist State. [Hidden Content]
-
Not too shabby on deregulation either.
-
Good interview with another of similar background. He’s obviously more recent. But, the plays are still somewhat similar. Glad you’re paying attention. This isn’t going to be pretty. Militarily speaking—and even the reasoning behind—isn’t an issue with me. But, the religious animosities in the region are the complicating factor. Moreso even than the oil situation. Prominent players in the region—along with the Iranian people—should be in the loop, and support gauged, for the power structure and people that will immediately replace the Mullahs with a clear understanding of when and how an electoral process will take place afterwards. The U.S. needs to be floating people and a structure to the Iranian people now. We HAVE TO HAVE their—and the regular military—ready to support the change proposed ahead of time. Doing this without the IRGC finding out and targeting will not be easy. The military aspect is actually the ‘easy part.’ ADDITIONAL NOTES: If you thought $40 Trillion in debt was bad, the extra incurred by this effort will not make you a happy camper. POTUS will have 60 days. That’s 60 days to change an entire regional structure, and make it stable. If Israel is found out to be half as involved in the Epstein mess as I’m getting a feeling, cooperation—or at least non interference—by other regional players just became a lot less trusting…