POLITICS Inflation /General Finance Insanity

This is the same man that ghosted several Texas Tech recruits in the middle of dinner with no explanation when he got the Cincinati job. Classic case of dad going out to get milk and never coming back.

 

Pretty sure moron and Auburn guy is the same thing.

 

I’m not gonna jump in here and get worked up over Auburn hatred. But on Tuberville, Auburn people who aren’t the equivalent of VN types won’t claim him. Tells you all you need to know that there’s far more goodwill with Malzahn and Chizik than there is with Tuberville.

 

Maybe so. But he still got elected. Just like the tribal-idiots over here in NC kept Burr in until he cashed out.

 

Then Bammers need to be called out, he doesn’t get elected without them.

 

Over here all reason has left the house in regards to choosing responsible adults with integrity.

Very few (R or D) actually do the work to research their candidates.
And when there are warning signs they go though mental gymnastics to ignore.

 

Unfortunately it’s happening everywhere.

 

Moody just moved the probability of a breach of the debt ceiling to 10%. They have been holding strong at 5% for awhile.

 

Tuberville may be the dumbest human on the planet.

 

It is outrageous we play these games.

 

I think it may happen this time too. Neither side looks like they are budging.

 

McCarthy has to be the weakest House Speaker I can remember. The Freedom Caucus looks to be running the show I don't think a single person in that group understands what a default means. McCarthy could pass something bi-partisan but his speakership would immediately be terminated. I wouldn't be surprised if they agree to a short term deal a few times before this is all over and kick the can to the next Congress. But I wouldn't be shocked if we went in default either. Would be curious to see how the bills are prioritized in that event. Have the think the Red States will be hit the hardest as they are a net benefactor of government spending.

 

They said Florida, Ohio, Texas and Pennsylvania will be hit the hardest. I believe Michigan and Georgia are up there as well.

 

Gas shoots up 20 cents over night.

/looks at calendar

Oh.

 

I agree with the commercial assessment but residential I'm not sure about. Feels like something is coming though.

 

Retail commercial is going to crater, industrial is gaining steam

 

Commercial is going to be hammered.

the question is how long, determined, and able is the FED on keeping interest rates elevated.

because if free money is over, all assets will have a big reset.

 

A few banks around here have quit lending money to commercial projects if it isn't your primary place of business

 

I definitely would not be building any commercial buildings right now if its for leasing purposes.

 

Consumer credit care debt has hit a trillion dollars. Congrats everyone, we did it!