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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Another good week for the country.

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Comments

  • FD1000 said:

    I’m really happy with my new forum — there are more active posters,
    a lot more about investments, and far less political noise.
    I’m mainly here because every now and then, I come across something genuinely helpful.
    There is really only one poster I care about, and he hardly posts.
    Unfortunately, the rest of the old site has become dominated by nonstop political negativity,
    which clouds sound judgment.

    Don't let the door hit you on the way out!
    But, didn't you hear that he comes here to "help". And avoids politics, on his "other site".

    I was recently watching a show about cults. Their amazing ability to form their own alternative reality, and live in it, is fully demonstrated by these people. From Hitler to Jim Jones to Kim Un Jung to trump, nothing good has ever come of any of it. But, the supporters truly believe their leaders can make the Sun rise each day.

  • FD1000 said:

    JD_co said:

    The only reason BS1000 posts here is that he has been kicked out of all other message board sites. Keep that in mind.

    He has no where else to troll.

    I’m really happy with my new forum — there are more active posters, a lot more about investments, and far less political noise.
    I’m mainly here because every now and then, I come across something genuinely helpful.
    There is really only one poster I care about, and he hardly posts.
    Unfortunately, the rest of the old site has become dominated by nonstop political negativity, which clouds sound judgment.
    I just check your forum. You are a one man show. keep dreaming.

  • edited October 5
    He may be referring to BB forum, where they are always suspending him and telling him to stop with the drivel. If it is a new forum he is using, it will only be a short interval until they get tired of his schtick.

    And many red states have refused to implement Medicaid expansion, including TN. That would have caused certain people's premiums to go up when ACA was implemented. Of course, he fails to mention that, when discussing the plight of certain demographic segments, when their beloved states refused that Federal funding. That falls on those states for not looking out for their citizenry.

    For instance, I know someone who lost their job during Covid and was in a blue state. They were able to get coverage at $0 when severance/insurance ran out. The next year they were residing in a red state, for educational purposes, and their premiums went way up. Certain red states limit ACA coverage subsidies under a certain income level. Thus, students and others, who only have part time income do not qualify.

    Telling only part of a story, is a standard attempt to mislead. Or simply a failure to comprehend. Why the motto says, "A little knowledge is a dangerous thing". And it can be infectious. There is no vaccine for stupid.
  • Boom. You said it.
  • edited October 5
    Another thing that many do not comprehend is that when they have health coverage through what appears to be only their state's coffers, they are actually accepting re-branded Federal Medicaid dollars. Or what they often refer to as Federal "welfare".

    Badgercare (WI), MediCal (CA), CHIPs(TN), HealthChoice (IL) are all examples of such rebranding. However, the ten red states that have refused Medicaid expansion dollars have chosen to leave many of their constituents with lesser coverage and higher premiums.

    Then their citizens blame the ACA, when it is the state they reside in and the people that they voted for, who have made the choice to refuse federal dollars. Forty other states are not having this problem, they have far better/cheaper coverage/availability.

    It is notable that more red states opt-in to Medicaid expansion (for low-income citizens) every year. Because their residents vote to do so. Their choice, not a fault of the ACA.
  • HI has some kind of reserve fund. Not sure if it resides within official gummint offices and auspices. They are planning ahead for '26 when a lot of annual federal money just won't show up because the country is in the hands of doink-heads in Wash DC. Food banks, health clinics, school lunches are among the destinations for that other "reserve" money....

    On a sideways note: I still do think that it's parents' responsibility to feed their own kids. Bring a lunch, or buy a hot lunch at school. That's the way we did it. Parents can't afford it? Why The F*** did you have a child? Maybe you ought to go without something else in order for your kid to be able to eat. Duh.
  • You are not wrong @Crash. It is a sad state of affairs. People have a habit of abusing well-intentioned generosity.
  • "On a sideways note: I still do think that it's parents' responsibility to feed their own kids. Bring a lunch, or buy a hot lunch at school. That's the way we did it. Parents can't afford it? Why The F*** did you have a child? Maybe you ought to go without something else in order for your kid to be able to eat. Duh"

    Caught me a little bit surprised there @Crash.

    You seem to be suggesting that all the parents that run short of money are using it for other purposes (things they don't need perhaps) or didn't think this having kids gig through from the get-go. Might I remind you that there are plenty of well meaning parents out there that are only ONE disaster or calamity or job loss away from bankruptcy, homelessness, hunger or life-saving medical care. Be it wildfires, volcanic eruptions, floods, hurricanes, typhoons, draught etc., etc., it's a reality and always there.
    The current administration has just fired or otherwise laid off how many hundreds of thousands of workers in the first 8 months of the year? I'm betting that most of them are not inclined to be bank robbers or similar so should we just stick it to them as being lousy parents?

    I know all too well how some folks just can't manage their money but I don't think they entered parenthood intending to let their kids go hungry or maybe even without in general. Sometimes in day-to-day life shit happens.
  • Agreed. Minus disasters, firings, lay-offs. On a day to day basis, it should not be presumed that someone ELSE is responsible for feeding my kids. Ork?
  • The Embarrassing Pete Hegseth
    The Pentagon needs sober, judicious leadership, not a drama queen who makes things jarring and fevered.

    https://www.wsj.com/opinion/the-embarrassing-pete-hegseth-e8e1e910?st=3jqZDV&reflink=desktopwebshare_permalink
  • https://www.cnbc.com/2025/10/06/paul-tudor-jones-says-ingredients-are-in-place-for-massive-rally-before-a-blow-off-top-to-bull-market.html

    -Paul Tudor Jones said today’s market is reminiscent of the setup leading up to the burst of the dot-com bubble in late 1999.

    -The difference between now and 1999 is the U.S. fiscal and monetary policy, Jones noted.

    -He believes the bull market still has room to run before it reaches its final phase.

    “You have to get on and off the train pretty quick. If you just think about bull markets, the greatest price appreciations always [occurs] the 12 months preceding the top,” Jones said. “It kind of doubles whatever the annual averages, and before then, if you don’t play it, you’re missing out on the juice; if you do play it, you have to have really happy feet, because there will be a really, really bad end to it.”

    To be sure, Jones isn’t predicting an immediate downturn. He believes the bull market still has room to run before it reaches its final phase.

    “It will take a speculative frenzy for us to elevate those prices. It will take more retail buying. It’ll take more recruitment from a variety of others from long short hedge funds, from real money, etc.,” he said.

    He said he would own a combination of gold, cryptocurrencies and Nasdaq tech stocks between now and the end of the year to take advantage of the rally fueled by the fear of missing out.
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