38 Comments

Proposed allocation for the $40 billion boondoggle:

80% - Military Industrial Complex.

10% - The big guy and his crime family.

9% - Zelensky's retirement fund.

1% - Ukrainian people for their pain and suffering.

Hey, the Neocon's gotta eat, right :-)

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Zelensky is one SOB, raking the common Ukrainian over the coals of famine and war. This when he'd probably one of the wealthiest men in Ukraine. I guess I can't blame him for wanting to hold on to his gravy train, even if does end with WW3 and a nuclear winter.

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Elections have consequences. Stolen elections have disastrous consequences

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Joel, the video of the current administration's Birthing Person Diversity Hire is priceless. As they say, "you can't make this shit up." :-)

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Please learn the difference between 'rein' and 'reign'. That's embarrassing....

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Bill, I have followed you faithfully over many years since your Daily Reckoning days and really appreciate your erudite wit and incomparable word skills.

Over the last few months I am afraid your writings have become progressively darker and have been steadily losing the light hearted humour and detached perspective of world affairs.

Admittedly our world is on course for the most horrendous depression with economic collapse, widespread famine and death and vast unemployment.

Unfortunately years of Central Banks' mismanagement and destruction of Western Nations economies needs to be corrected by a fundamental reset, reintroducing sound money, realistic interest rates and a national savings mentality.

Unfortunately in desperation governments will be introducing CBDCs worldwide to try to alleviate matters however despite strict cost controls, this won't solve the inflation problem as they will still be printing money regardless and hopefully will eventually result in sound money emerging as the only realistic solution. This is going to take many years.

To get back to the introduction, this in effect an appeal to you to lighten up on your diary entries. There is nothing you or anyone else can do to change our dilemma so please try to revert to your your optimistic humourous and enlightening writings.

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"NATO pledged open-ended military support for Ukraine" i.e. The financial laundromat is open 24/7, including holidays.

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Bill, I absolutely love the Wrong Think. One must never forget that in this era of Peak Stupidity; Wrong Think is Right Think. Oh, and this message is not sanctioned by the Minister of Truth; Mary Poppins.

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Want to know the real J Powell. Read about Rexnord in “lords of easy money” by Christopher Leonard.

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Bill, its very likely the bulk of the $40 Billion will be directed to USA suppliers. Hence the funds are assessable income in the USA for which these large Companies will pay tax and their employees jobs are more secure. If taxes catch part of the spend then this outlay is gross and not nett. As for the response provided by the young lady in the clip, I think she's on the money as its common in all countries the rich don't pay their full share of tax. Many openly admit this, even your Mr Buffett. A tax system which enables such outcomes is deeply flawed and screwed totally to benefit of the super rich. Such situations can be rectified only if there is an inclination to introduce tax measures that nip this irregularity in the bud. Offshore tax havens are one measure Governments should be addressing and taxing unrealized gains in some form or other is the key tax question which needs to be addressed. Its far cheaper, as the USA discovered to supply munitions to others than engage in war. This was the experience of the USA in its early role in both the first and second world wars. What is the value of a human life when in the second world war some 60 million died. If you do the numbers its not valued highly. Prolonged injustice leads to unexpected outcomes and if you trace the history of Government persuasion/choice - China, Russia,France,Germany etc the answer is anything but fair other than at least the populace has a job, enough to eat/survive and not die from starvation and the like. Be careful what you wish for because ultimately bastions of whatever are destroyed in the process

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Gentlemen, I highly value your scholarly historical perspective, current documentation, and financial acumen. I certainly share your earnest indignation. However, I suspect that venting spleen here is counterproductive to all of our Maximum Safety Mode.

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And about those crying hearts about war crimes ... have we forgotten My lai and so many other villages? Napalm? Agent Orange? Carpet bombing in Laos and Cambodia, cluster bombs? Landmines?

Rape? Well, there were only 15 cases of rape according to the VWCWG, so I guess that makes it all better.

I too am horrified by the crimes committed by the Russian troops...but have we all forgotten about war crimes in VN?

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America takes advantage of the war between Ukraine and Russia...test new weapons that we do not know about and a boost to GDP through defence spending.

The Russians benefit from the learning experience, if they choose to learn.

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Bill, how do you stop a runaway train.Blow-up the tracks in front of it.And they are doing just that.

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This article is so perfect, it puts the universe in order. It's missing older morons in its list of incompetents and evil MF'ers. Trafficant, Bill Bennett etc. But there are so many you can never mention them all. Soon Tom Cotton and AOC can take over making America hell on earth. Why not?

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deletedMay 17, 2022·edited May 17, 2022
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