How to avoid TSP calamity if debt ceiling is not raised

[Boghie]

The crucible is still not hot enough yet. Any solution now will be ill-formed and flawed until the underlying financial and tax loopholes are fixed. The amount of insulation around what the corporations and financial institutions are getting away with at the expense of the people has not decreased. Until that insulation is removed, the crucible will not get hot enough to forge a strong and equitable solution.

Malya,

That insulation is what will protect your 'C Fund' assets. What kind of company will trade cash reserves for two year tax treatment extensions and the promise of ever more efficient government control of healthcare? These companies are smart enough to request waivers from The Black Swan Administration from the brilliance known as Government Whatever.

The cash holdings of the S&P 500 will make you extremely happy in this correction - or contraction - or crash. It is a hedge against The Black Swan. And, we have had one flying around for about three years.

The last depression hit the private sector because that sector was hugely leveraged and in a speculative boom. This one will hit the public sector because we are hugely leveraged and dumb politicians speculated that they could ride it out with more debt. This will be a hard time for us. And, nobody cares. I’m betting on the private sector!!!

 

[FAB1]

FAB1,

I have a mental picture of you on December 31, 1999 sitting outside the UniBomber cabin, in a wife-beater t-shirt, and a rifle across your knees. Drinking a cheap beer, banging the empty can on your head, and tossing it to the ground.

You will need lots of lead to stop the herd.

And, lots of long lasting food.

And, lots of water.


This is going to be a trading opportunity to make money on the margins. The American public is now aware of what needs to be done. We will adjust and overcome.

Cute, but you got me all wrong.

I quit Rocky mountain koolaid beverages in my teens, I only drink Imports.

 

[FAB1]

Fab1 in a wife-beater? Please say it isn't so.

A "wife-beater" tee shirt refers to whats left on my back after she lays into me with a hickory stick.:laugh:

 

[NigelSt.Hubbins]

Hmmm. Okay, FAB1 tries to run me off the website, and you complain about me pushing bit just a tiny bit with the use of the word "dim." I am curios -- what did you say to him about his attempted bullying? If the answer is "nothing at all" I am thinking you might be just another right-wing guy unwilling to do anything beyond subscribe to your right-wing orthodoxy and criticize those who you disrespect and depise -- I'm thinking of me.

If in fact you did chastise FAB1, I am surprised and humbled and will be sincerely ready to offer an apology. If not, well screw you. Seriously.

Nigel

"Dim"?

Clearly you do not understand the character and nature of this board. You are welcome to participate here, but your contemptuous attitude will isolate you. Maybe it is best if you read and learn for a while, then when you understand this is not a forum site that will long tolerate this silliness you may wish to try again.

 

[FAB1]

New posters might be well advised to heed the seasoned members of this board.

You were merely cautioned to leave your political feelings at the front door and that it wasnt a wise direction to start out here.

Stooping to insults is going to earn you unfavorable attention from Tom the Bouncer, he is the guys who owns the joint.

This transparent victimizing of yourself and heedless insults are more unwise choices on your part - its not going to work here though in this family, because thats what we are and we watch out for each other.

I hope you choose to stay and contribute but thats entirely up to you.

 

[SkyPilot]

Hmmm. Okay, FAB1 tries to run me off the website, and you complain about me pushing bit just a tiny bit with the use of the word "dim." I am curios -- what did you say to him about his attempted bullying? If the answer is "nothing at all" I am thinking you might be just another right-wing guy unwilling to do anything beyond subscribe to your right-wing orthodoxy and criticize those who you disrespect and depise -- I'm thinking of me.

If in fact you did chastise FAB1, I am surprised and humbled and will be sincerely ready to offer an apology. If not, well screw you. Seriously.

Nigel

You attempt to justify your acrimony by pointing and blaming. You do not apologize, and then you continue by fomenting your diatribe with a "Screw You" mentality. Before you ascribe titles and labels (which is a very low form of debate) you might want to spend some time in research by reading the post of those with whom you disagree.

I suspect you will not, and will be just another one of these flamers who appear on this site for a brief moment.

We already have participants that are willing to state the case that you already promote, but have the ability to function without the vitriol that you manifest.

State your case, but when you do so, observe the contract of decency and respect that is implicit in participation here (read post by James48843 and FireWeatherMet for a primer) You can agree to disagree agreeably. It may be that you lack the facility to be able to synthesize opposing and disparate views and process these divergent concepts and ideas into a cogent and reasonable thesis. So far, it is not evident that you do, and your offerings outside of that have not evidenced noteworthy contribution.

PS. FAB did not try to "run you off this site". However, your continued behavior will eventually seal your own fate. It has for dozens of others over the years, and you will be no exception.

 

[Show-me]

SNAP!