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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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  • I, too, under sacred oath, do solemnly declare that this is true and accurate.
  • edited December 16

    Mona said:

    FD1000 said:

    I was on vacation.

    That’s where you should have stayed.
    We were better off without you.
    I can confirm that this information is 100% accurate.
    Some have to stay and complain constantly, no matter what and be blind when their party brought us the worst inflation, DEI and unaffordability in 4 decades.
  • edited December 16
    @FD1000. DEI stands for Diversity, Equity, and Inclusion.

    Diversity – Having a mix of different people and perspectives. This can include differences in race, ethnicity, gender, age, disability, sexual orientation, socioeconomic background, religion, education, and experiences.

    Equity – Ensuring fairness by recognizing that people start from different places and may need different levels of support to have equal opportunities. Equity is about outcomes, not just equal treatment.

    Inclusion – Creating an environment where all people feel respected, valued, and able to participate fully and authentically.

    So tell me @FD1000, what is so bad about DEI?
  • edited December 16
    Some people have no tolerance for Diversity, Equity, and Inclusion. Indeed, some countries have no tolerance for Diversity, Equity, and Inclusion. They prefer to displace or kill anyone who is not just like them. And under the "leadership" of our current "president" we too are headed in that direction. Perhaps that is one reason FD1000 is so enamored of him. Birds of a feather...
  • edited December 16
    We were not all hoping for some overblown reposts of WH press releases? Announcements with little substance? Political statements meant to curry favor? Desperate words to stem the bleeding?
  • I never did particularly like the flavor of curry.
  • edited December 16
    https://wolfstreet.com/2025/12/16/the-fed-should-look-at-private-sector-jobs-growth-and-not-get-distracted-by-the-massive-federal-government-job-cuts/

    Federal government slashed 172,000 jobs in 3 months, Private Sector gained 225,000, the most since May. It's a good idea to cut the overhead.
  • edited 3:55AM
    "Federal Bureau of Investigation director Kash Patel is facing criticism for announcing on social media
    that the FBI had detained a person of interest in Saturday’s mass shooting at Brown University
    in Providence, Rhode Island, that killed two and injured nine others. That individual was released hours later.
    This is not the first time Patel has rushed to make an announcement that later turned out to be incorrect."

    "When asked why the FBI is having trouble locating the suspect, Trump tried to blame the university. 'You’d really have to ask the school a little bit more about that because this was a school problem,' he said. 'They had their own guards. They had their own police.
    They had their own everything, but you’d have to ask that question really to the school, not to the FBI.
    We came in after the fact, and the FBI will do a good job, but they came in after the fact.'"

    Comments: Incompetent Trump loyalist Kash Patel screws up once again!
    Trump, predictably, shifts the blame to Brown University.
  • edited 4:22AM
    "An interview with White House Chief of Staff Susie Wiles published in Vanity Fair today
    reinforces the impression that the administration is chaotic.

    In eleven interviews with Wiles over the course of Trump’s second term so far, journalist Chris Whipple examined the administration’s handling of major issues: the destruction of USAID, deportations of immigrants,
    Trump’s tariff war, the deployment of National Guard troops in Democratic-dominated cities, Trump’s “revenge”
    against those he perceives as enemies, the destruction of Gaza, and the administration’s attack on small boats from Venezuela."

    "Wiles told Whipple that Trump 'has an alcoholic’s personality,' suggesting he cannot imagine limits
    on his behavior, and quoted him as judging people 'by their genes'; that Vice President J.D. Vance
    converted from being a Never Trumper
    to a major MAGA booster for political reasons;
    that director of the Office of Management and Budget Russell Vought, a key author of Project 2025,
    is 'a right-wing absolute zealot'; that Musk’s reposting of a tweet about public sector workers
    killing millions under Hitler, Stalin, and Mao was a reflection of his drug use;
    and that Trump is, indeed, embarked on a project to use the power of the government to hurt people he hates."

    Comments: The Trump administration creates extreme chaos but utterly fails to improve the lives of
    ordinary Americans! Their unspoken motto: Non-billionaires need not apply.
    It really doesn't help when we have low-caliber individuals like the ones noted above.
    Next year this feckless administration will finally be subject to a reckoning for some of their shenanigans!
    Impatiently, I wait...
  • "...It’s not the Fed’s job to worry about employment growth at the federal government. The Fed needs to look at private sector jobs and not get distracted by federal government job cuts and their impact on the unemployment rate..."

    Says who? Public sector jobs are indeed jobs. The FED's dual mandate is to balance jobs and inflation.
    https://wolfstreet.com/2025/12/16/the-fed-should-look-at-private-sector-jobs-growth-and-not-get-distracted-by-the-massive-federal-government-job-cuts/
  • edited 4:06AM
    "On a most basic level, Mr. Trump’s mental and physical state has noticeably deteriorated.
    He now openly sleeps through cabinet meetings and public gatherings.
    He posts on social media at a hysterical pace, in increasingly agitated tones,
    on ever more lunatic themes. He boasts of having “aced” a cognitive test that is only administered
    when there are real doubts about a patient’s acuity, and cannot explain why he was given an MRI —
    or even what body part was screened."

    "All of which might be cause for sympathy, even pity — as, in a way, does his vast insecurity,
    his desperate need for praise and affirmation, symptoms of a childhood deprived,
    it seems, of everything but money — were it not for the consequences.
    His multiple emotional and psychological issues — the malignant narcissism,
    the pathological lying, the utter, sociopathic absence of empathy,
    and yet also an almost childlike manipulability — would be disturbing enough in an unemployed drifter.
    Manifested by the most powerful man on Earth, they amount to a global emergency."

    Comments: The Republican party (including House Speaker Mike Johnson, Marjorie Taylor Greene, R-Ga.,
    and Sen. Rick Scott, R-Fla.) called for Biden's removal under Section 4 of the 25th Amendment.
    Donald J. Trump exhibits "poor memory" and "diminished capacities" to a greater extent than Biden ever did.
    For the good of the country, Section 4 of the 25th Amendment should be invoked and executed
    against Donald J. Trump.

    Thank you for your attention to this matter!
  • edited 4:21AM
    "Corruption? The Trump administration is operating at a level of corruption, from the President on down,
    that the journalist David Frum says can only be compared to post-Soviet Russia or post-colonial
    Africa
    — failed or broken states, not the world’s richest and most powerful democracy.
    The New Yorker reported in August that the Trump family’s net worth had increased by more than US$3-billion
    since his return to office, notably through the sale of crypto coins in his name — unregistered and untraceable
    “donations” to his personal cause — but also through a kind of open auction of state favours to the highest corporate or personal bidders."

    "The corruption has not only been pecuniary.
    The Justice Department has been turned upside down and inside out, no longer pursuing 'justice for all'
    but complementary injustices, dropping all proceedings against those accused of having broken the law,
    if they are among Mr. Trump’s friends, and firing or even prosecuting those who tried to defend it if they
    are on his enemies list. Mr. Trump himself has personally pardoned more than 1,700 people
    in the 10 months since he took office, a rogue’s gallery of fraud artists, drug pushers and Jan. 6 rioters.
    "
  • edited 4:14AM
    "Policy illiteracy? Economists are famously supposed to disagree, but in fact agree on most of the basics.
    The only point they would disagree on is which of the policies the Trump administration has pursued
    most deserves the title 'worst possible.' Is it setting off a trade war with the whole world, via a series of exorbitant tariffs whose justification is as uncertain as their duration?
    Is it driving the deficit to peacetime highs — 6 per cent of GDP, even today, on the brink of a recession,
    with no relief in sight? Is it threatening the independence of the Federal Reserve, with the obvious aim
    of forcing it to monetize the debt? Or is it the subsidies, nationalizations and other heavy-handed
    interventions
    in which it has engaged, reminiscent more of 1970s France than Republican conservatism?"
  • FD1000 said:

    https://wolfstreet.com/2025/12/16/the-fed-should-look-at-private-sector-jobs-growth-and-not-get-distracted-by-the-massive-federal-government-job-cuts/

    Federal government slashed 172,000 jobs in 3 months, Private Sector gained 225,000, the most since May. It's a good idea to cut the overhead.

    @FD1000, we know exactly what you’re thinking. I got mine. Screw them.

    Now I will tell you exactly what I am thinking. As an immigrant, it would nice if trump deported you. After all, you most likely entered my country illegally.
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