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Rick vents and Big Al enthusiastically agrees.

Big Al
July 1, 2016

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“We only talked about our families”

Discussion
25 Comments
    CFS
    Jul 01, 2016 01:54 AM

    Rick is so right about the Fed, with an added comment that the debt will drown us, because we can’t afford to pay the interest on the debt at any reasonable rate.

    https://m.youtube.com/watch?v=SDoIbFuKgfU

    Explains the business cycle, which the morons at the Fed really don’t understand as they destroy the world economy.

      Jul 01, 2016 01:21 AM

      How is the iPad treating you? I tell you these devices are like the debt, they have a mind of their own sometimes…

      Contemplating the totality of the debt will make any thinking person’s head explode. Yet I am surrounded by liberals who insist on gargantuan increases in gooberment spending. When asked who will pay for it all they are silent or tell me the rich.

        Jul 01, 2016 01:30 AM

        What cheeses me ooff most of all about such people is that they all have well paying public sector jobs, long holidays and, worst of all, idex linked public sector pensions.

        Here in the UK you tell them thhat they will get back 3 times what they paid in – and that is unaffordable for the country – and they just look as you as if you are jealous. They have no understanding of their duplicity in the debt and the go say that we should spend, spend, spend.

          Jul 01, 2016 01:35 AM

          ‘Twas ever thus with the rich Bob. Clueless as to how the man in the street struggles from day to day. This a.m. I had the dubious pleasure of meeting one of my former parishioners. He has a fleet of exotic cars including a new McLaren and 6 liter vintage Bentley. Everyone knows him to be a crook except himself!!

            Jul 01, 2016 01:41 AM

            Is he running for leadership of the L abour or C onservatives? LOL

            Jul 01, 2016 01:47 AM

            He’s running for himself. Sod everyone else!

          Jul 01, 2016 01:39 AM

          Here is a great book that describes the public sector in the US. What amazes me is that at the local level (city and county) the voters continually vote to increase the sales tax thinking the money will go to fix roads, etc. but instead it is going for pensions and benefits for the public trough feeders. Even with all the tax increases the public pensions are massively underfunded.

          Plunder: How Public Employee Unions are Raiding Treasuries, Controlling Our Lives and Bankrupting the Nation

          https://www.amazon.com/Plunder-Employee-Treasuries-Controlling-Bankrupting/dp/0984275207

            Jul 01, 2016 01:43 AM

            Yep, it is the same thing in the UK.

            The public sector workers take offence and say “But I’ve paid into my pension!” when they only have paid about a third in. I have to pay 3 times as much to get the same pension and I have to pay taxes to pay their pensions.

            Jul 01, 2016 01:16 AM

            Thanks for the reference, Eddie!

          Jul 01, 2016 01:14 AM

          Sad but true Bob

        Jul 01, 2016 01:14 AM

        Says a lot about equality. Sure they deserve it because that is what success is all about. Afterall, they stole their success from all od us victims.

      Jul 01, 2016 01:08 PM

      CFS, exactly.

      Jul 02, 2016 02:45 AM

      Thank you, extremely helpful toward a higher level of understanding.

    Jul 01, 2016 01:17 AM

    Mr. Big Al Korelin is one of the hardest working men I know but will there be a weekend show this holiday weekend with everyone taking time off? I believe so as I can only think of one time when there was not.

      Jul 01, 2016 01:21 AM

      Of course there will. We only took part of Friday off.

      Next week even thouGH he is off with his wife Cory is still recording one hour of the Weekend Show so that Kathy and I can take four days off. Chris is also doing an hour of that Show to help.

    Jul 01, 2016 01:33 AM

    Big Al, there is another possibility with the meeting between Bill and Loretta Lynch. These people are not stupid. I believe that this was orchestrated to make it look as though they did not want anyone to know they met and got caught doing something that had the appearance of impropriety, but it does two things. First, it sends a message without words to career people in the justice dept. that if they want future promotions and such, they know which side Lynch is on and they better tread lightly on the upcoming case on Hillary. Second, if push comes to shove, Lynch could recuse herself, opening the way for a special prosecutor. This would set things back well past the election because it would take a long time for a special prosecutor to begin from the start and to get to the end of the case. Hillary could be in office already and it would e very difficult to go ahead with her as president. I do not trust the Clintons. For years they have played us all like a fiddle, continually putting the carrot in front of us as though they will step in it and then pulling that carrot further away. It has the effect of continually disappointing those who want justice until they give up trying to have the Clintons face the music. It also will have the effect to rally the democrats around Hillary as though there is a witch hunt in progress by the republicans with insufficient evidence. Washington is so corrupt with much of the media in bed with them. We are going to be pushed into more government control of our lives and lose more liberty, as those in power have become corrupted and will try to amass more and more power for themselves.

      Jul 01, 2016 01:44 AM

      There’s no way, no how Shillary gets indicted. Comey will do as he is told and make this investigation die quietly and if he does not Lynch will make it go away.

      The Demonrats have hooked their wagon to Shillary. The special interests, including foreign governments, have funneled hundreds of millions of dollars to her, Billy and their foundation. There is simply no going back now regardless of the fact that Hillary and Bill are guilty of many felonies.

      Jul 01, 2016 01:23 AM

      Interesting thought, Pardu

    CFS
    Jul 01, 2016 01:55 AM

    Ebolan, Greg Hunter would disagree with you:
    Usawatchdog.com
    Or
    https://m.youtube.com/watch?v=0qhzaaGNNE8

    Jul 01, 2016 01:23 AM

    USO has been so dead and just started moving up after 2pm.

    Jul 01, 2016 01:30 AM

    I bought some XOP near the bottom yesterday.

    Jul 01, 2016 01:43 PM

    whats going on with silver its climbing in price compared to gold the ratio is higher

    Jul 01, 2016 01:56 PM

    As I have said before, silver will make a run to the $19-$20 range and gold will go to around 1400. However, after that, we will see a global commodity bust that sends commodities plummeting. The targets for gold and silver will eventually hit $500 and five dollars, respectively. The fed has lost control.