OT Stock Market

[banmate6]

I need to put spread sheet together to monitor CAGR on all my investment
Being in treasuries from 1980 11% (aside from my brother inlaw investing in AAPL for me) to 2002 5% there was no need for one but now there's is
Thank you for all your help

Here are some famous Benjamin Graham and Warren Buffett snippets of wisdom to heed:

1) The market is a short term voting contest but long term weighing machine.
2) Price must eventually revert to earnings.
3) Be able to stay solvent longer than the market can stay irrational.
4) Don't do anything stupid!

I average between 12% - 16% in most individual instruments. Doing the kind of analysis I laid out. It does take some time, discipline, nerves, and basic linear math.

Seriously, if you don't have the psychology...remember, Buffett says it's more traits of character not intellect...do the dollar cost averaging in low cost index funds to sleep peacefully. 9% CAGR is still great. As you might tell, I actually DEARLY enjoy this topic and DIY investing.

I make mistakes. Lost $26k in CBI/MDR. Here are the ugly details: https://seekingalpha.com/instablog/11370081-banmate6/5367291-give-me-back-cbi-mdr-investments

The blog lays out what I did wrong. It was mostly:

1) Not understanding commodity based cyclicals...as CBI was tied to energy.
2) Warren Buffet was in but got out, something I didn't heed.
3) Just bad luck, as management played a devious pump and dump, riding the grey area of the law...something I found to be generally true of the energy industry.

Again, my successes way outnumber my failures. Mostly due to disciplined value investing. 90% of my money is allocated to this. 5% quality growth chasing.

5% I leave for the latest flavor of the day, casino style. I chase momentum, might even red technicals, not because I believe in them, but because others and some AI bots do. I try to have the quicker trigger finger...not being the bag holder. Mind you, I do this sparingly, as I don't just deploy 5% fast and lose it.

Lastly, I always have a decent cash position. When markets and great stocks crash, I'm a kid in candy store. I buy...and hold forever. I'll leave this post with a play on a famous saying.

You can't even lead a horse to water. Never mind getting him to drink. Many IRL dismiss me...but I've outlasted them in this game, capitalizing with extreme discipline when they and the bots crash things. Hell, what else can a rational man do amidst the irrationality of the herd here?

 

[notredame79]

I actually went to Tesla to look look into one but the salesman couldn't tell me how many hours were on the engine/battery. So i went and bought a CLS 63 AMG
when I took it on the highway I opened it up and while I was driving a voice came over the sound system "exceeding speedometer" lol.
You see you can do that when you're in nowhere Nebraska

Nice you can afford those cars.

 

[notredame79]

Are you in the market?

Yes!!!

 

[deadirishpoet]

Nice you can afford those cars.
[/QUOTE]
I can afford them at 60 not 20 or even 30. It takes alot of discipline and budgeting to get the things you want unfortunately for most of us its in our later years

The movie Grand Torino was a perfect time example

 

[deadirishpoet]

Yes!!!

Stay Sharpe brother and key an ear open.
Are you active?

 

[mirer03]

OK, employment is high but wages are down. Why? Because inflation is thru the roof. Why? Because we printed tons and tons of money due to that stupid 2.3 TRILLION dollar so called "build back better BS" which was nothing but a bunch of "green" environmental BS that they disguised as "infrastructure" which was a small percentage of the 2.3 TRILLION dollars. Interest rates have to raise in order to keep inflation climbing higher and higher. Some of you clowns need to learn economics. Oh wait, AOC was an economics major at Boston U. That university should be shut down. The bimbo is a socialist MORON, but please keep drinking the koolaide and believing that this is Trumps fault, LMFAO

So look this is ignorant biased bs.

The economy is simple. Flood it with cash and demand and inflation skyrockets.

Yes green industries got free money.

But if you take off your partisan hat you have to say the same thing about...

Tax cuts during a good economy that wasn't necessary and more importantly were NOT OFFSET BY SPENDING REDUCTIONS. This means inflation goes up

Tarriffs. Simply put increase end user prices

Low gdp

Raising the debt cap with no spending reductions.


Doesn't matter who did it. The fact is these all smashed inflation through the roof. It was only hidden due to demand destruction during the shut down.

The stock market has been resilient but the fact is we need a period of stable spending and gdp increases without debt ceiling raises to get back to "normal" and NEITHER political party wants to do that because they are both running based on populism not fiscal common sense.

 

[mirer03]

This. Really that simple. Joe created problem, blames others, and then tries to buy our way out of it. Ain’t working.

Just like the southern border. After 6 million illegals since January 2021, now Joe is building the border wall. Amazing what happened when the blue states said they couldn’t handle the influx

Lol. The southern border is a joke. The wall is a disaster. Most of the land needed to build the walls is privately owned and they don't want a wall on their property.

You know why castles started being built on cliffs and with moats? Walls didn't work.

The great wall of china didn't keep out the mongolians who decimated the world's population

The Berlin wall didn't keep out democracy

No wall in history has done its intended goal.

Moreover as a former Texan that dealt in multiple business deals in border cities....the actual illegals that come and are bad people are backed by huge cartels that can afford a ladder, a chop saw, and even if you built a wall backed by space lasers that was 100% impenetrable they can afford boats and would just go around and the new dog whistle would be a blockade.

Add to that the reason the vast majority come is because there are people in Texas and other border states hiring them illegally. If you want to slow the vast majority of people from coming you have to punish those enabling it...ie the business owners hiring them and hiding behind a fake SSN card and dl because that is all they need to see to get past an i9 verification. Many come work for 6 months living in an apartment with 20 other guys working their asses off and then leave to take the money back to their family... rinse and repeat. You know why? Because people hire them.

You know supply and demand

Start punishing the people with fines and jail time for systematically gaming the system to hire cheap labor and the jobs go away....and so will the crowds.

Why doesn't this happen you may ask? Because it's a lot easier to use a dog whistle of a wall than to address the issue and disenfranchise a large part of your voting base...who are the very ones hiring the illegals.

It's much easier to say build a wall (that won't work and won't ever be finished, but will cost trillions to build an maintain)...because people who don't understand the situation will rally for it thinking they are "protecting" the border.

 

[deadirishpoet]

Here are some famous Benjamin Graham and Warren Buffett snippets of wisdom to heed:

1) The market is a short term voting contest but long term weighing machine.
2) Price must eventually revert to earnings.
3) Be able to stay solvent longer than the market can stay irrational.
4) Don't do anything stupid!

I average between 12% - 16% in most individual instruments. Doing the kind of analysis I laid out. It does take some time, discipline, nerves, and basic linear math.

Seriously, if you don't have the psychology...remember, Buffett says it's more traits of character not intellect...do the dollar cost averaging in low cost index funds to sleep peacefully. 9% CAGR is still great. As you might tell, I actually DEARLY enjoy this topic and DIY investing.

I make mistakes. Lost $26k in CBI/MDR. Here are the ugly details: https://seekingalpha.com/instablog/11370081-banmate6/5367291-give-me-back-cbi-mdr-investments

The blog lays out what I did wrong. It was mostly:

1) Not understanding commodity based cyclicals...as CBI was tied to energy.
2) Warren Buffet was in but got out, something I didn't heed.
3) Just bad luck, as management played a devious pump and dump, riding the grey area of the law...something I found to be generally true of the energy industry.

Again, my successes way outnumber my failures. Mostly due to disciplined value investing. 90% of my money is allocated to this. 5% quality growth chasing.

5% I leave for the latest flavor of the day, casino style. I chase momentum, might even red technicals, not because I believe in them, but because others and some AI bots do. I try to have the quicker trigger finger...not being the bag holder. Mind you, I do this sparingly, as I don't just deploy 5% fast and lose it.

Lastly, I always have a decent cash position. When markets and great stocks crash, I'm a kid in candy store. I buy...and hold forever. I'll leave this post with a play on a famous saying.

You can't even lead a horse to water. Never mind getting him to drink. Many IRL dismiss me...but I've outlasted them in this game, capitalizing with extreme discipline when they and the bots crash things. Hell, what else can a rational man do amidst the irrationality of the herd here?

I like them all but this one resonates:
#3 Be able to stay solvent longer than the market can stay irrational.

I got up one morning to lift before work approx a year ago put on Fox Business and they said Buffett just put in a lage number on PSX and I was focused on energy so I was all in and got it at 80 and then I noticed a down trend but couldn't figure out what was causing the loss because but the following morning I hear Buffett dumped it. I should of let it ride, but president biden was not allowing drilling to continue at that time' and I dumped it fir the biggest lump i ever took($22 grand) but it paid for the lesson ......ugh

 

[deadirishpoet]

So look this is ignorant biased bs.

The economy is simple. Flood it with cash and demand and inflation skyrockets.

Yes green industries got free money.

But if you take off your partisan hat you have to say the same thing about...

Tax cuts during a good economy that wasn't necessary and more importantly were NOT OFFSET BY SPENDING REDUCTIONS. This means inflation goes up

Tarriffs. Simply put increase end user prices

Low gdp

Raising the debt cap with no spending reductions.


Doesn't matter who did it. The fact is these all smashed inflation through the roof. It was only hidden due to demand destruction during the shut down.

The stock market has been resilient but the fact is we need a period of stable spending and gdp increases without debt ceiling raises to get back to "normal" and NEITHER political party wants to do that because they are both running based on populism not fiscal common sense.

Very common sense post and well stated taken from the lessons of Milton Friedman

 

[deadirishpoet]

Lol. The southern border is a joke. The wall is a disaster. Most of the land needed to build the walls is privately owned and they don't want a wall on their property.

You know why castles started being built on cliffs and with moats? Walls didn't work.

The great wall of china didn't keep out the mongolians who decimated the world's population

The Berlin wall didn't keep out democracy

No wall in history has done its intended goal.

Moreover as a former Texan that dealt in multiple business deals in border cities....the actual illegals that come and are bad people are backed by huge cartels that can afford a ladder, a chop saw, and even if you built a wall backed by space lasers that was 100% impenetrable they can afford boats and would just go around and the new dog whistle would be a blockade.

Add to that the reason the vast majority come is because there are people in Texas and other border states hiring them illegally. If you want to slow the vast majority of people from coming you have to punish those enabling it...ie the business owners hiring them and hiding behind a fake SSN card and dl because that is all they need to see to get past an i9 verification. Many come work for 6 months living in an apartment with 20 other guys working their asses off and then leave to take the money back to their family... rinse and repeat. You know why? Because people hire them.

You know supply and demand

Start punishing the people with fines and jail time for systematically gaming the system to hire cheap labor and the jobs go away....and so will the crowds.

Why doesn't this happen you may ask? Because it's a lot easier to use a dog whistle of a wall than to address the issue and disenfranchise a large part of your voting base...who are the very ones hiring the illegals.

It's much easier to say build a wall (that won't work and won't ever be finished, but will cost trillions to build an maintain)...because people who don't understand the situation will rally for it thinking they are "protecting" the border.

That’s partly true, but walls do slow down the influx and is not a dog whistle. You are 100 percent correct about the situation with private land owners.
The US already provides work visas for seasonal workers from Mexico, but the majority of people are not from Mexico.
We pay South American countries millions to help slow the migrationbut these are large amount of people from all over the world. It makes you wonder if there are NGOs putting these movements together
Definitely fine the employers especially when they can hire those with work visas from Mexico.
Those braking our laws definitely need to be punished and not rewarded AND PLEASE STOP CALLING THE MIGRANTS (that wasn't directed at you mirer)
But let's be honest this is a flood and president biden literally told them to come.
His recklessness has burden every social structure that the tax payer will have to pay You wonder why hospital's charge $8 for an aspirin

 

[banmate6]

Nice you can afford those cars.

I can afford them at 60 not 20 or even 30. It takes alot of discipline and budgeting to get the things you want unfortunately for most of us its in our later years

The movie Grand Torino was a perfect time example
[/QUOTE]



Me too! I'm 57 and brought myself a Tesla Model Y this year. It's the 4th car I purchased in my life. My 1st car was a Dodge Neon I drove for around 12-13 years.

Stick shift. 150 horsepower. It was indeed Green in color! Cost $8k. So many great memories, including meeting my wife. I actually cried when it finally died...but I did get a Mercedes then BMW!



A lot of folks, as we keep discussing, want the bling up front. God bless those who really can afford it when young. But like you, I had to wait it out...building up investments for various purposes: house, kids, college tuition, etc.

One of my main purposes in life is to blow away ICEs off the line at stoplights with my immediate torque, single gear Tesla!



To complete my life, I need ND to win a NC. Or Croatia to win a soccer World Cup. After that...I don't know what I will do with myself.

 

[deadirishpoet]

I can afford them at 60 not 20 or even 30. It takes alot of discipline and budgeting to get the things you want unfortunately for most of us its in our later years

The movie Grand Torino was a perfect time example

Me too! I'm 57 and brought myself a Tesla Model Y this year. It's the 4th car I purchased in my life. My 1st car was a Dodge Neon I drove for around 12-13 years.

Stick shift. 150 horsepower. It was indeed Green in color! Cost $8k. So many great memories, including meeting my wife. I actually cried when it finally died...but I did get a Mercedes then BMW!



A lot of folks, as we keep discussing, want the bling up front. God bless those who really can afford it when young. But like you, I had to wait it out...building up investments for various purposes: house, kids, college tuition, etc.

One of my main purposes in life is to blow away ICEs off the line at stoplights with my immediate torque, single gear Tesla!



To complete my life, I need ND to win a NC. Or Croatia to win a soccer World Cup. After that...I don't know what I will do with myself.
[/QUOTE]
Great post
How do you like that Y series.
I keep pondering

 

[mirer03]

That’s partly true, but walls do slow down the influx and is not a dog whistle. You are 100 percent correct about the situation with private land owners.
The US already provides work visas for seasonal workers from Mexico, but the majority of people are not from Mexico.
We pay South American countries millions to help slow the migrationbut these are large amount of people from all over the world. It makes you wonder if there are NGOs putting these movements together
Definitely fine the employers especially when they can hire those with work visas from Mexico.
Those braking our laws definitely need to be punished and not rewarded AND PLEASE STOP CALLING THE MIGRANTS (that wasn't directed at you mirer)
But let's be honest this is a flood and president biden literally told them to come.
His recklessness has burden every social structure that the tax payer will have to pay You wonder why hospital's charge $8 for an aspirin

The same thing has happened for twenty years. It's only a crisis because people figured out it galvanized voting populations nationally. This is a known thing all over Texas.

You can get a SSN card fraudulently for 100 bucks if your in the know. That's all that's needed for a dl. If you have those two things anyone in Texas will hire you, because it's all that's required by an employer to absolve them of wrong doing. What hilarious is when they are caught the same Joe smith disappears for a week and a suspiciously looking john smith with new credentials is hired. It's EVERYWHERE and systemic and not once during this "border crisis" will it be mentioned, and it is THE ONLY way to address it with any hope of success.

This is the ugly truth. It's why they come. No wall is stopping a man from better providing for his family if so motivated. And no one in the @gop will bring this forward because it would negatively impact a huge block of Republican business owners and the @democratic party won't because they be seen as anti business.


It is what it is, but the wall is nothing but a construct to galvanized votes. It has zero ability to do it's intended purpose and is a collosal waste of money.

The other dirty secret is that all these illegals pay into social security with zero chance of collecting it....

 

[notredame79]

Stay Sharpe brother and key an ear open.
Are you active?

I’m looking almost every day.

 

[burmafrd1943]

The same thing has happened for twenty years. It's only a crisis because people figured out it galvanized voting populations nationally. This is a known thing all over Texas.

You can get a SSN card fraudulently for 100 bucks if your in the know. That's all that's needed for a dl. If you have those two things anyone in Texas will hire you, because it's all that's required by an employer to absolve them of wrong doing. What hilarious is when they are caught the same Joe smith disappears for a week and a suspiciously looking john smith with new credentials is hired. It's EVERYWHERE and systemic and not once during this "border crisis" will it be mentioned, and it is THE ONLY way to address it with any hope of success.

This is the ugly truth. It's why they come. No wall is stopping a man from better providing for his family if so motivated. And no one in the @gop will bring this forward because it would negatively impact a huge block of Republican business owners and the @democratic party won't because they be seen as anti business.


It is what it is, but the wall is nothing but a construct to galvanized votes. It has zero ability to do it's intended purpose and is a collosal waste of money.

The other dirty secret is that all these illegals pay into social security with zero chance of collecting it....

Your illusion jokes about how impossible a wall is typical of those who really want nothing to change

Fact is a wall will work if there is will to make it work.
Combine that with cracking down on those that hire illegals and it will work even better
and go after all those that PROFIT from illegals; business and politicians.

A wall can work if you are tough enough about it. You go on about chop saws and all that.
Guess what?
Shoot a few hundred trying that and it will stop real fast
Deadly force is what is needed to stop what is an INVASION no matter how much you want to deny it

 

[deadirishpoet]

The same thing has happened for twenty years. It's only a crisis because people figured out it galvanized voting populations nationally. This is a known thing all over Texas.

You can get a SSN card fraudulently for 100 bucks if your in the know. That's all that's needed for a dl. If you have those two things anyone in Texas will hire you, because it's all that's required by an employer to absolve them of wrong doing. What hilarious is when they are caught the same Joe smith disappears for a week and a suspiciously looking john smith with new credentials is hired. It's EVERYWHERE and systemic and not once during this "border crisis" will it be mentioned, and it is THE ONLY way to address it with any hope of success.

This is the ugly truth. It's why they come. No wall is stopping a man from better providing for his family if so motivated. And no one in the @gop will bring this forward because it would negatively impact a huge block of Republican business owners and the @democratic party won't because they be seen as anti business.


It is what it is, but the wall is nothing but a construct to galvanized votes. It has zero ability to do it's intended purpose and is a collosal waste of money.

The other dirty secret is that all these illegals pay into social security with zero chance of collecting it....

You want me to cry for the person that enter my country illegally, over loads our social structure, getting ever tax credit on their income tax return (that's if they don't work for cash) then send three quarters of that money back to where they come from. Not benefitting this country with the money they stole
They don't learn our language, they don't learn the history of our country like the people coming to this country legally needs to, they don't know or even want assimilate. They are an net negative.
BTW how is the social security office not catching a person using some one else's number?
A wall alone might not stop them, but a wall with some legal consequences will. There are laws on the book they biden administration refuses to use yet crying the system is broken.
Democrats and Republicans both structured these law together.
The immigration system is not broken.....it's not being used
And if you think Republicans benefit for illegal aliens you are stoned

 

[mirer03]

Your illusion jokes about how impossible a wall is typical of those who really want nothing to change

Fact is a wall will work if there is will to make it work.
Combine that with cracking down on those that hire illegals and it will work even better
and go after all those that PROFIT from illegals; business and politicians.

A wall can work if you are tough enough about it. You go on about chop saws and all that.
Guess what?
Shoot a few hundred trying that and it will stop real fast
Deadly force is what is needed to stop what is an INVASION no matter how much you want to deny it

Can't fix ignorance

You want me to cry for the person that enter my country illegally, over loads our social structure, getting ever tax credit on their income tax return (that's if they don't work for cash) then send three quarters of that money back to where they come from. Not benefitting this country with the money they stole
They don't learn our language, they don't learn the history of our country like the people coming to this country legally needs to, they don't know or even want assimilate. They are an net negative.
BTW how is the social security office not catching a person using some one else's number?
A wall alone might not stop them, but a wall with some legal consequences will. There are laws on the book they biden administration refuses to use yet crying the system is broken.
Democrats and Republicans both structured these law together.
The immigration system is not broken.....it's not being used
And if you think Republicans benefit for illegal aliens you are stoned

See how passionate you are? And unfortunately terribly uninformed.
Yes without a doubt republicans and democrats in Texas benefit from the systematic hiring of illegals with false credentials. Roofing companies, landscapers, factories, and oil rigs are littered with them and they are absolutely in the knowledge that they are illegal. No jobs they stop coming. Period.

I lived in a master planned community way up in Katy, tx that had over 4000 homes in it most starting over 400k and going into the millions and there were four major landscaping companies that ALL used these systematic illegals. You also had the guys working straight for cash that would randomly just stop showing up when they made enough to go home. After the slightest hail roofing companies would spring up trying to get you to get a new roof through your insurance and fully staffed with illegals. It's all over the neighborhood forums everyone knew and no one cared. I bet 90% of homes in the area are republican leaning.

I get it. If youre not in Texas you don't know. These are truths and it's the reason that the so called border crisis will never be solved.

Especially with a wall.

 

[mirer03]

You want me to cry for the person that enter my country illegally, over loads our social structure, getting ever tax credit on their income tax return (that's if they don't work for cash) then send three quarters of that money back to where they come from. Not benefitting this country with the money they stole
They don't learn our language, they don't learn the history of our country like the people coming to this country legally needs to, they don't know or even want assimilate. They are an net negative.
BTW how is the social security office not catching a person using some one else's number?
A wall alone might not stop them, but a wall with some legal consequences will. There are laws on the book they biden administration refuses to use yet crying the system is broken.
Democrats and Republicans both structured these law together.
The immigration system is not broken.....it's not being used
And if you think Republicans benefit for illegal aliens you are stoned

Personally I don't give a shit what you think. Just facts man.

Nothing I said is not factual and first hand witnessed.

The wall isn't meant to work to stop illegals. It's meant to rally people in non border states to vote republican. It's has zero hope of succeeding. There are private ranches where they put the wall up via imminent domain but they legally cannot split a person's land so they have to leave a gap or an open door so the owner can access the other side of the wall, because they have a tiny swatch of land on the other side of the wall. It's absolutely insane.

 

[NDgreatestofalltime!]

The CPI is NOT up 39% since January 2021. It is up roughly 18%.

261.582 in January 2021. 307.789 in September 2023 (most recent figure). Here is the chart:

chart

Much of the huge up tick in inflation was due to Covid messing up world-wide supply chains. And as others have noted, inflation infecting almost every country was not caused by actions of the United States.

Your argument might be stronger if you didn't resort to making up numbers.

Utter nonsense, you apologists will blame supply chain forever.

In spring of 2023 here in central Ohio eggs were $6 to $8 a dozen. The price of food is still up significantly. Republican or democrat, everyone close to me complains about food, fuel, and energy prices.

Since January 21, real disposable income is down 8.3%. Homeownership affordability is down 35%. Consumer credit card debt is up 35.5%, and monthly savings is down 81.7%!!

Food Costs since Jan ‘21 - flour 33%, baby food 25%, poultry 25%, fruit/vegetables 24%, dairy 24%, ground beef 22%. Recent polling shows 72% of Americans are VERY concerned over food prices, the highest in 41 years.

Fuel costs since ‘21 - Diesel 65%, HHO 63%, Gasoline 54%, propane 25%, natural gas 25%, electricity 21%.

The average cost of a $500K home is now $1000 more per month based on current interest rates vs January ‘21 rates. That is $12K more per year. Auto repossession is at its highest rate in decades. Americans personal wealth continues to decline, $9.3 Trillion in American public wealth lost since Biden took office.

Public sentiment on the economy is abysmal as well, just 18% of Americans think the economy is good, 43% only fair, and 39% say it’s poor. Opinions on Americas economic future have worsened too with 49% say they expect conditions to worsen in ‘24, 34% the same, and 17% improved.

79% of Republicans very concerned about the economy, 68% of democrats very concerned.

Lastly, 8 in 10 Americans are dissatisfied with the direction of the country, The lowest percentage of Americans since 1977 think Americas better days are ahead. 2/3rds of American adults age 35 and over think we will leave our children with a less prosperous nation as well as be greatly diminished in global positioning by 2050.

 

[NDgreatestofalltime!]

Personally I don't give a shit what you think. Just facts man.

Nothing I said is not factual and first hand witnessed.

The wall isn't meant to work to stop illegals. It's meant to rally people in non border states to vote republican. It's has zero hope of succeeding. There are private ranches where they put the wall up via imminent domain but they legally cannot split a person's land so they have to leave a gap or an open door so the owner can access the other side of the wall, because they have a tiny swatch of land on the other side of the wall. It's absolutely insane.

What?

I was assigned to SAC San Antonio when they completed the El Paso border wall expansion under Obama. The USBP saw illegal immigration decrease by 96% in the sector.

Marijuana seizures fell by nearly 70% as the majority seized was through the POEs, particularly the commercial trade bridges but mules (backpackers) & “cannonballers” (vehicles driven across desert) were drastically reduced, nearly eradicated on the east expansion.

 

[NDgreatestofalltime!]

Additionally, the fact is Democrat Politicians see illegals as “voters”, and Republican Politicians as cheap labor.

I worked Human Smuggling operations for 3 1/2 years in South Texas before moving to Narcotics/Bulk Cash/Weapons Smuggling Ops my last 3, and what occurs there is third world IMO.

Most Americans have no idea what goes on in The valley (Brownsville/McAllen), Laredo, Eagle Pass, El Paso, etc.

Example, Laredo TX has a documented population of around 200K, but double that when including undocumented. These areas are massively under funded because they get US and TX tax dollars based on the “documented” population. I’ve witnessed it firsthand, many LAPRs and Naturalized Mexican Americans are extremely unhappy with the illegal immigration problems that disproportionately affect their communities along the US border. Laredo is 95% Hispanic.

In fact it is quite telling when Democrat Rep Henry Cuellar is demanding that Biden act immediately to stop illegal immigration and drugs flowing into the US. He see’s the burden it’s having in his community in South TX as do many other border Representatives. Some of those areas have Republican Mayors, Sheriff’s, State and Federal Reps for the first time in a 100 years or more.

What’s happening along the border is a disgrace, no, it’s an abomination. I’m angry and disappointed that for all the great work I was a part of from 2011 to 2018 down there to see it for naught as the Los Zetas, Sinaloa, and Gulf Cartels are all stronger now after domestic ops greatly diminished their power by 2018/19. Billions of dollars in LE man hours along with the lives of USBP, CBP, DEA and HSI Special Agents wasted.

I’m not a Democrat nor a Republican though I do vote Republican, I never “disliked” Obama, my boss. I didn’t always agree with his policies but in 2013 he began surging assets to stymie the Cartels and the flow of people and drugs, and we did some great work and that continued under Trump to even a greater extent but my current boss (Biden) has been an abject failure.

If there is anything he (Biden) should be impeached on it is the Southern Border, IMO. He has knowingly and wantonly allowed the collapse of our SWB border security apparatus for intentional political gain.

More illegals, & drugs are crossing now than any point in history and for that to happen in 2023 with our current technologies is criminal.

 

[deadirishpoet]

Can't fix ignorance

See how passionate you are? And unfortunately terribly uninformed.
Yes without a doubt republicans and democrats in Texas benefit from the systematic hiring of illegals with false credentials. Roofing companies, landscapers, factories, and oil rigs are littered with them and they are absolutely in the knowledge that they are illegal. No jobs they stop coming. Period.

I lived in a master planned community way up in Katy, tx that had over 4000 homes in it most starting over 400k and going into the millions and there were four major landscaping companies that ALL used these systematic illegals. You also had the guys working straight for cash that would randomly just stop showing up when they made enough to go home. After the slightest hail roofing companies would spring up trying to get you to get a new roof through your insurance and fully staffed with illegals. It's all over the neighborhood forums everyone knew and no one cared. I bet 90% of homes in the area are republican leaning.

I get it. If youre not in Texas you don't know. These are truths and it's the reason that the so called border crisis will never be solved.

Especially with a wall.

Misinformed?
You don't have to be in Texas to see the problem BUT I lived in Sugarland for 10 years.
I am very familiar with Katy (excellent football program). My wife was a manager at the Katy Mills Mall for the time we were there (BTW Katy is not way up it's not even central Texas) My 2 Grandchildren go to TAMU...... hope to see you there next August
Katy has blown up much like Cinco Ranch, the Woodlands. ect.
My stepson owns a land scaping company(15 yrs. he has zero illegals working for him. If you want to check him out let me know
These companies you speak of need to be cracked down on and not allowed to squeeze Americans out of their jobs

 

[deadirishpoet]

Additionally, the fact is Democrat Politicians see illegals as “voters”, and Republican Politicians as cheap labor.

I worked Human Smuggling operations for 3 1/2 years in South Texas before moving to Narcotics/Bulk Cash/Weapons Smuggling Ops my last 3, and what occurs there is third world IMO.

Most Americans have no idea what goes on in The valley (Brownsville/McAllen), Laredo, Eagle Pass, El Paso, etc.

Example, Laredo TX has a documented population of around 200K, but double that when including undocumented. These areas are massively under funded because they get US and TX tax dollars based on the “documented” population. I’ve witnessed it firsthand, many LAPRs and Naturalized Mexican Americans are extremely unhappy with the illegal immigration problems that disproportionately affect their communities along the US border. Laredo is 95% Hispanic.

In fact it is quite telling when Democrat Rep Henry Cuellar is demanding that Biden act immediately to stop illegal immigration and drugs flowing into the US. He see’s the burden it’s having in his community in South TX as do many other border Representatives. Some of those areas have Republican Mayors, Sheriff’s, State and Federal Reps for the first time in a 100 years or more.

What’s happening along the border is a disgrace, no, it’s an abomination. I’m angry and disappointed that for all the great work I was a part of from 2011 to 2018 down there to see it for naught as the Los Zetas, Sinaloa, and Gulf Cartels are all stronger now after domestic ops greatly diminished their power by 2018/19. Billions of dollars in LE man hours along with the lives of USBP, CBP, DEA and HSI Special Agents wasted.

I’m not a Democrat nor a Republican though I do vote Republican, I never “disliked” Obama, my boss. I didn’t always agree with his policies but in 2013 he began surging assets to stymie the Cartels and the flow of people and drugs, and we did some great work and that continued under Trump to even a greater extent but my current boss (Biden) has been an abject failure.

If there is anything he (Biden) should be impeached on it is the Southern Border, IMO. He has knowingly and wantonly allowed the collapse of our SWB border security apparatus for intentional political gain.

More illegals, & drugs are crossing now than any point in history and for that to happen in 2023 with our current technologies is criminal.

Thank you for your service

I seen the film Sounds of Freedom, and it left a lasting impact on me and my family.
I don't need to know details but if you have rescued children from smugglers'and if so how do their stories not haunt you?

 

[deadirishpoet]

Tesla Model Y to purchase is down 25% from last yr.

 

[HarlemIrish]

Lol. The southern border is a joke. The wall is a disaster. Most of the land needed to build the walls is privately owned and they don't want a wall on their property.

You know why castles started being built on cliffs and with moats? Walls didn't work.

The great wall of china didn't keep out the mongolians who decimated the world's population

The Berlin wall didn't keep out democracy

No wall in history has done its intended goal.

Moreover as a former Texan that dealt in multiple business deals in border cities....the actual illegals that come and are bad people are backed by huge cartels that can afford a ladder, a chop saw, and even if you built a wall backed by space lasers that was 100% impenetrable they can afford boats and would just go around and the new dog whistle would be a blockade.

Add to that the reason the vast majority come is because there are people in Texas and other border states hiring them illegally. If you want to slow the vast majority of people from coming you have to punish those enabling it...ie the business owners hiring them and hiding behind a fake SSN card and dl because that is all they need to see to get past an i9 verification. Many come work for 6 months living in an apartment with 20 other guys working their asses off and then leave to take the money back to their family... rinse and repeat. You know why? Because people hire them.

You know supply and demand

Start punishing the people with fines and jail time for systematically gaming the system to hire cheap labor and the jobs go away....and so will the crowds.

Why doesn't this happen you may ask? Because it's a lot easier to use a dog whistle of a wall than to address the issue and disenfranchise a large part of your voting base...who are the very ones hiring the illegals.

It's much easier to say build a wall (that won't work and won't ever be finished, but will cost trillions to build an maintain)...because people who don't understand the situation will rally for it thinking they are "protecting" the border.

Make the southern border a giant safari. Face it all in. If you can outrun cheetahs then you can stay. Better yet MF should sign you.

 

[deadirishpoet]

Jerome Powell is going to be speaking at noon (Est). The market will move one way or another

 

[burmafrd1943]

Powell marches in step with all the ostriches.

As expected

 

[deadirishpoet]

Powell marches in step with all the ostriches.

As expected

The fact he didn't hint that the new goal would be 3 to 4 percent after the market did the FEDs job just leases uncertainty
Now I found it very interesting 58 percent of households are involved in the market even with all the uncertainty which could explain why the market is showing so much resistance

 

[burmafrd1943]

The fact he didn't hint that the new goal would be 3 to 4 percent after the market did the FEDs job just leases uncertainty
Now I found it very interesting 58 percent of households are involved in the market even with all the uncertainty which could explain why the market is showing so much resistance

True about how many are in but it is still the major players such as the retirement funds and investment funds that have the influence. I always wonder how much computer trading programs increase the swings.

 

[deadirishpoet]

True about how many are in but it is still the major players such as the retirement funds and investment funds that have the influence. I always wonder how much computer trading programs increase the swings.

Oh I agree there are pepple who have an influence and even a way to manipulate the market which it was important for Powell to be clear

 

[BGI User 756]

It started in 2019, you know Covid-19, remember that, or your probably with Kelly Ann saying there were 19 of them. Maybe it's you who should keep up. Sucks being an uninformed cult following sheep, doesn't it?

Lol, is that another sound bite from the CNN handbook?

Yes it started in China in 2019, didn’t hit US until January 2020.

Love your soundbites. The irony of you calling anyone sheep is precious.

 

[BGI User 756]

IYHO ... plenty of well educated scientists and environmentalist disagree

Start naming them. And then show the evidence they provided. Because it is absolutely an unsolved problem.

 

[BGI User 756]

And those people would be right, because masks do work, as one simple layer of some protection, along with other mitigations. There is literally no disputing that.

Quick …what is the effectiveness rate of masks. Please list them.

Will hang up and listen

 

[BGI User 756]

Stupidity is not contained in one party, there seems to be enough to go around

No doubt. Would be good if the left admits their own idiots (let’s start with Fetterman) instead of always deflecting.

 

[BGI User 756]

You won't be ab;e to change the minds of these selfish, greedy people.

Still doesn’t make any argument comparing inflation to other countries… any more feasible that this country is in a better place than before Sleepy Joe. The rest of the world is suffering inflation issues because the main driver of that is the US economy

Can’t fix stupid

 

[BGI User 756]

Lol. The southern border is a joke. The wall is a disaster. Most of the land needed to build the walls is privately owned and they don't want a wall on their property.

You know why castles started being built on cliffs and with moats? Walls didn't work.

The great wall of china didn't keep out the mongolians who decimated the world's population

The Berlin wall didn't keep out democracy

No wall in history has done its intended goal.

Moreover as a former Texan that dealt in multiple business deals in border cities....the actual illegals that come and are bad people are backed by huge cartels that can afford a ladder, a chop saw, and even if you built a wall backed by space lasers that was 100% impenetrable they can afford boats and would just go around and the new dog whistle would be a blockade.

Add to that the reason the vast majority come is because there are people in Texas and other border states hiring them illegally. If you want to slow the vast majority of people from coming you have to punish those enabling it...ie the business owners hiring them and hiding behind a fake SSN card and dl because that is all they need to see to get past an i9 verification. Many come work for 6 months living in an apartment with 20 other guys working their asses off and then leave to take the money back to their family... rinse and repeat. You know why? Because people hire them.

You know supply and demand

Start punishing the people with fines and jail time for systematically gaming the system to hire cheap labor and the jobs go away....and so will the crowds.

Why doesn't this happen you may ask? Because it's a lot easier to use a dog whistle of a wall than to address the issue and disenfranchise a large part of your voting base...who are the very ones hiring the illegals.

It's much easier to say build a wall (that won't work and won't ever be finished, but will cost trillions to build an maintain)...because people who don't understand the situation will rally for it thinking they are "protecting" the border.

Can’t argue with some of this. Can argue with some of it. Some of it is false like the claim that landowners don’t want fences though. That is not at all a consensus. I had businesses in Austin and Houston and San Antonio. I have a good understanding of the dynamic.

My cousin is a border patrol agent. Same for a previous coworker of mine. Corruption is rampant. Agree on jailing them. But when you have feds taking down obstructions that the state constructed, you have a problem.

Joe got what he campaigned on. He said OPEN BORDER and they can running from the equator. Now his lefty pals in NY and Cali and other states are turning because they can’t harbor the illegals. FUNNY HOW THERE IS NO WORRY ABOUT DISEASE IN THE 6M that made it into the US.

My problem is the claim that Joe and Kamela saying there is no problem. During Covid shutdown, we didn’t stop millions of illegals front entering the US (mind you they weren’t vaccinated…hmm). How does that make sense. Shutdown the economy allow illegals to enter the US at the tune of 5k per day. Then the taxpayers have to underwrite them to the tune of about $100k per.

Totally nonsensical. Not sure walls wouldn’t work, your example of Berlin Wall did physically keep out people. The democracy you speak of came from the inside of those countries when the people realized that capitalism is better. Period. and capitalism begets democracy first.

Clearly drug use is up due to the cartel influence and extortion you mentioned. Fentanyl spikes ignored by press. Crime spikes ignored by press .

Anyway you want to measure it, it’s worse under Joe like most things. Just a poorly planned policy, and why he authorized hiring more agents and building walls this year . Guess you should call him and tell him walls don’t work

 

[BGI User 756]

The same thing has happened for twenty years. It's only a crisis because people figured out it galvanized voting populations nationally. This is a known thing all over Texas.

You can get a SSN card fraudulently for 100 bucks if your in the know. That's all that's needed for a dl. If you have those two things anyone in Texas will hire you, because it's all that's required by an employer to absolve them of wrong doing. What hilarious is when they are caught the same Joe smith disappears for a week and a suspiciously looking john smith with new credentials is hired. It's EVERYWHERE and systemic and not once during this "border crisis" will it be mentioned, and it is THE ONLY way to address it with any hope of success.

This is the ugly truth. It's why they come. No wall is stopping a man from better providing for his family if so motivated. And no one in the @gop will bring this forward because it would negatively impact a huge block of Republican business owners and the @democratic party won't because they be seen as anti business.


It is what it is, but the wall is nothing but a construct to galvanized votes. It has zero ability to do it's intended purpose and is a collosal waste of money.

The other dirty secret is that all these illegals pay into social security with zero chance of collecting it....

The large majority of these illegals get paid on cash

 

[NDgreatestofalltime!]

Thank you for your service

I seen the film Sounds of Freedom, and it left a lasting impact on me and my family.
I don't need to know details but if you have rescued children from smugglers'and if so how do their stories not haunt you?

I haven’t been able to watch it yet, when you work these types of cases you simply don’t want to think about them.

I’ve worked human smuggling, narcotics, weapons & bulk cash, and now I’m working child exploitation investigations. It’s rewarding but also depressing. You just have to compartmentalize. Most agents only work 3-4 years in the area before transferring out otherwise you just flame out. Some guys work it for a decade but that’s not the norm.

 

[deadirishpoet]

I haven’t been able to watch it yet, when you work these types of cases you simply don’t want to think about them.

I’ve worked human smuggling, narcotics, weapons & bulk cash, and now I’m working child exploitation investigations. It’s rewarding but also depressing. You just have to compartmentalize. Most agents only work 3-4 years in the area before transferring out otherwise you just flame out. Some guys work it for a decade but that’s not the norm.

I can only imagine it's being its own kind of PTSD.

 

[NDgreatestofalltime!]

I can only imagine it's being its own kind of PTSD.

Certainly, it made my insomnia worse, I need more alone time in the garage or tooling around the yard to decompress as I’m not much of a work talker as my spouse is. I workout a lot, I find that reading scripture, ND/Bills football, my family and all their sports/activities are what keep me sane.

Most of all, I have an awesome spouse who gets me, who is able to tell when I need a hug or some space without even talking.

This kind of work has probably made me too cautious with my children in some regards. Like their friends parents. My daughters aren’t allowed to sleepover at anyone’s home, and I don’t let them hangout at a friends without both parents being home either.

I keep track of their phone (covertly) until they turn 18, though I will do random inspections in front of them as well.

Children are very tech savy, they don’t understand the long term harm they can do to themselves, their reputations, their future relationships, etc. They will share such Intimate details of their lives with strangers, strangers that aren’t even the strangers they think they are talking to.

Everyone, know where your kids are, make apps like 360 mandatory if they want a phone, they follow your rules. I don’t want anyone to ever receive a call that their child has been abducted, is missing, or even worse..dead. I deal with those cases and it’s life changing.

Oh, and thanks DIP for asking the questions. It actually feels good to tell someone with complete anonymity what this job is like, kind of therapeutic.