Is this political? I don’t know - POLL ADDED

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ballisticexchris

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But on January 6 this time, the extremist colors and banners were extremely visible throughout the MUCH bigger crowd and almost every photo shows Proud Boys in orange hats, QAnon, Oath Keepers, Three Percenter flags, the green Kekistan flags, etc. The Proud Boys leader being arrested the day before at the airport was ALL over the news.
In other words, this was not a normal crowd, it was gasoline waiting for a match.
It was visible through the main stream media's photos and filming. All of it was biased and focused on a small crowd that was made to be much larger than it was. What happened in DC was nowhere near as bad as a much bigger problem that was being downplayed around our country for months leading up to this.

I and many others got to see first hand the destruction and death of many good citizens and law enforcement officers by animals that were allowed to run rampant on local streets around the country burning up police stations, taking over public highways and streets, looting, torching cars, etc etc.


Today is 11 days after Biden electoral confirmation. For 2 days we now have a new Commander In Chief.
I am making this post so it will show back up as a future memory on my timeline (this is as of 19 Jan 2021):

Gas before the election was $2.95per gallon (in CA)

Interest rates are 2.25 percent for a 30 year mortgage.

The stock market closed at $30.829.40 though we have been fighting COVID for 11 months.

Our GDP growth for the 3rd Qtr was 33.1 percent. We had the best economy ever until COVID and it is recovering well.

We have not had any new wars or conflicts in the last 4 years. North Korea has been under control and has not been testing any missiles. ISIS has not been heard from for over 3 years.

The housing market is the strongest it has been in years. Homes have appreciated at an unbelievable rate and sell well.

And let’s not forget that peace deals in the Middle East were signed by 4 countries—unprecedented!

Unemployment sits at 6.7% in spite of COVID

Let's see what the new president can do.......
 
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Mak10

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High of 28f low 10f. It’s supposed to snow next 7 out of 10 days. We desperately need precipitation as it has been so dry the last 6 months.
Too cold to ride the motorcycle, not enough snow for the snowmobile. Sad. :(
 

Mak10

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85 burns great at 6000’ elevation in the tundra. Are you waiting 30 minutes in line to buy gas in California? Reason #6,467,890 why California sucks.
 
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ballisticexchris

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85 burns great at 6000’ elevation in the tundra. Are you waiting 30 minutes in line to buy gas in California? Reason #6,467,890 why California sucks.
Who are you kidding? Every Costco in our country is a 30 minute gas wait and COVID infection factory at peak hours.


Idaho is worse though. It’s cold, dry wasteland. Don’t move here. It’s terrible.
I have already been there and I agree way worse than CA.
 

Mak10

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What Chris said is true. The news and media has only been focusing on Trump and his shortcomings for the last 4 years. I don’t like Trump as a person. However, “The economy”was going great, that you can’t deny. Until Covid. And how do you place the blame of the deaths of Covid on one man? Really?

Take Bill Clinton for example. I won’t ever forget him wagging his finger and saying “I did not have sex with that there woman”. Or that the people bought the lie that he smoked weed but didn’t inhale. He was just slicker. Which is worse sex with a porn star or preying on interns?

You might as well blame the Clintons with sedition for their actions. They were an unthinkable choice to put back in the White House. Hillary went along with Bill’s actions for the love of power.

The Democrats led by Pelosi have done nothing but try and come up with anything and everything to remove Trump. How many millions have they spent on his impeachment alone? I have serious doubts about the storming of the capital.
 
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ballisticexchris

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High of 28f low 10f. It’s supposed to snow next 7 out of 10 days. We desperately need precipitation as it has been so dry the last 6 months.
Too cold to ride the motorcycle, not enough snow for the snowmobile. Sad. :(
Well that is one thing on my bucket list! Snowmobile tour!! CA does no have many except in Mammoth. I always wanted to ride one of those lead by a tour guide that knows what they are doing. I cannot imagine how hard it would be to get one of them unstuck. I don't trust myself alone on a rental (having never ridden one).
 

Jlq1969

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It would be good to clarify that the USA, Canada and very few countries show the octane number as the “AKI” index .... which results from the calculation expressed .... In other countries (including those that are sunk three meters underground, such as my country) show only the RON index (the part of the calculation with the MON is missing) ...... then what they offer is misleading
B1A951C3-889A-4555-A561-254907A7688C.jpeg
here, the worst fuel have 95 octane
 

Checkswrecks

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Chris - I've seen that list posted on Facebook and the pics picked are extremely cherry-picked or meaningless. For example, when accounting for inflation that $2.95/gallon gasoline actually is close to the same price it was 50 years ago. The price of gas has actually has gone down for where Mak10 is. Cherry picking the 3rd quarter of last year for market growth misses the fact that the last Administration's market returns were pretty mediocre. etc . . .

Changing to a more usable tangent for us, below is an interesting chart showing how the market typically does for the first year of a new Prez. The election euphoria wears off about now and the market catches it's breath into February, grows a bit into summer with talk of new spending plans, then because the spending doesn't yet hit the economy the market goes down into summer before really getting back in gear when dollars start to flow.

As somebody who trades the market and listens to Bloomberg radio all day, the bottom line I'm hearing from the Fed Chair, Christine LaGuard for the EU, and others is that we ought to pretty much follow the above chart and things will continue as they are till at least mid year.

Unfortunately, the chart of debt below from BOTH of the last administrations and before is the turd in the punch bowl, especially since Trump/McConnell/Ryan cut Federal tax income so much (end of the orange) and now we have to add current broad agreement for another stimulus. We the idiots keep falling for the politician trickle-down economics myth of "cut taxes and grow the economy to have more income" and it has bitten us in the ass every time. Obviously, not being able to have a balanced budget is not sustainable and the answer back to the Bible is that the Govt will print need to print money faster, devaluing dollars and causing inflation. This totally is the fault of BOTH parties. On the upside and contrary to what most of us guess, there are plenty of charts showing that the Dems have a better statistical history for market returns, GDP, and employment, so maybe that's a glimmer of hope. The debt Biden is walking into concerns me a lot though.



Here's the usable part and why I'm posting: Most of us here are - ahem - "mature" so are more likely to have higher percentages of low risk low yield bonds and such in our retirement accounts. Inflation is murder to those, so if this sounds like your 401k then the next few months are the time to either stay on top of your investments or talk to your planner before too long. There are typical inflation hedges like gold, food staples, etc to look into and see if they fit for you.
 
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