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Dave Mac @davemac@dev.brighteon.social
About
Married with Love,Industrial engineer and Factory owner operator, Fan, fiction writer, enjoying the final vacation, Jimmy Carter forced me to become conservative and I enjoy hearing what people think from all around the country
Member since Sep 2022
About
Married with Love,Industrial engineer and Factory owner operator, Fan, fiction writer, enjoying the final vacation, Jimmy Carter forced me to become conservative and I enjoy hearing what people think from all around the country
Member since Sep 2022
Recent Media
Major media getting it wrong just to fill the news cycle?
A solar flare travels at the speed of light and will hit the earth in 8 minutes, if it where to hit the earth.
A CME travel at speeds from 100 to 1000 kilometers per second and take several days to reach the Earth
A solar flare is an intense burst of radiation coming from the release of magnetic energy associated with sunspots (disruptive if on target)
Coronal Mass Ejections (CMEs) are large expulsions of plasma and magnetic field from the Sun's corona. They can eject billions of tons of coronal material. (Life changing if on target)
Now a CME released on the solar plane is scary with a 1 in 360 chance of hitting the earth directly.
So why for the last week or so the media releases headline like massive CME released from the sun and then describe a solar flare in the text? Cry wolf much?
Inflation is falling
Employment is rising
GDP is at historic highs
PPI is dropping
Helene storm damage is taken care of.
THESE ARE ALL SPHERES OF TRUTH.
Like the guy across the street who is in no danger of being laid off while you can't find employment anywhere and a gang of Haitians are cooking your cat.
The truth depends on which narrative the main stream media dwells on.
In my working career I've had to navigate a little explained event several times. You can call it currency tightening, financial slowdown but I call it a money grab.
I like to look at consumer rates vs. investment rates.
What is done is done.
You are going to hear a lot of talking heads preach doom and gloom over yesterdays half percent rate cut.
We know from history it means there will be winners and losers
Those looking to put money into treasury T bills will get a lower return on investment (ROI)
Those already holding T bills have a slight increase in value
Basically over the upcoming months you'll see a reduction in money flow until the ripple effect dissipates. This will effect money transfers (operating loans) in the short term which in itself is inflationary due to a panic corporate money grab. Look for anything you're mandated to purchase (insurances for one) increase on top of the recent increase.
Us "off the grid" folks will only escape some of it so stay safe out there.
If Joe Biden was elected/installed or whatever to be a distraction from truly importation issues in each Americans lives. I'd give him an A++++
The man setting economic policy, Jerome Powell is not an economist. He is a lawyer.
Just let that sink in.
Today's rant
I have failed as a Father.
Historically it is the Mothers and Fathers duty to teach their children how to hunt, fish, farm and basically survive in the world on their own.
I left home at 17, young and dumb. It wasn't my step dads fault, he's raising 8 kids always with a table full of bills and issues to deal with.
My first couple years wasn't too bad. A hundred buck old peoples apartment with a swimming pool. motorcycle to get around and $10 out of each weekly paycheck going into a 5.25% savings account.
Life forces you to "Tap In" and the motorcycle needed to be replaced with an actual car.
Off to the used car dealer with a thousand dollars and zero credit history.
A few days after the loan papers came in it hit me. The same bank paying me $50 a year for using my $1000 is charging me $250 a year for lending me $1500.
I want to be the bank!
Back then the poor working class was at a 5-1 disadvantage, today it's closer to an 8,000 to 1 disadvantage and you wonder why people opt out of work.
There are ways around it if you take 20 years to figure it out and build for it.
Years back I needed $200,000. in a way it didn't cost me a dime, just 4 years to recoup the loan which I granted to myself out of the difference between lending and borrowing rates.
I can't teach this to my kids, so I failed.
I got a lot to get off my mind today.
8% of our community center came down with Covid.
Well they are 80 plus folks and this morning I made the call to shut the center down until we get better information.
I can assume these were all the home tests kits,
I assume all these folks are given a regular RNA shot.
I wonder if the rna shots would show a false positive in the home test kits.
It's flu season up on the mountain.
But we also have a lot of seniors returning from trips from far away places.
Basically I have next to zero facts to work on. Call in the CDC, shit last time we had twice as many cases than people.
Prepare for the worst and hope for the best.
I should know more in the next few days
Simple things are being lost.
Do you know what "sign" means?
Google thinks it and it's all about the zodiac.
What sign are you?
Chicken?
So to an nineteen hundreds Tracker you're Chicken poop.
Why is it important to know your poop?
Again ask google and get the wrong answer.
Thanks, I had to get that off my chest.
BTW
My neighbor wrote his first book on hunting.
The Hunt For Light.
Talk about getting back to basics!
Where is our leader? Shouldn't Biden address the nation and tell us how good everything is? How this is all Trumps fault?
Bidenomices is working and Old Joe will
Make
America
Ghetto
Again!
Not to go all Conspiracy thingy but this morning all 5 of my investment and banking accounts were not updating correctly Friday morning.
The CEO of crowd Strike explained the largest internet outage in history was caused by a few lines of updated code. "Don't worry everything will be back to normal by Monday.
Maybe we were told the truth, maybe not but what if by Monday only half the systems are back up to 100%? Should we allow them more time before panicking?
Remember, "Give us a few weeks to flatten the curve?"
So it was an "Honest Mistake" Just look at all the systems it effected and ask, "Have we become to depended on cyber systems?"
Honest or not, today was a test and just look how quickly we can be cast back to the 1950's.
Time to shore up all of your back up systems.
What's in your banks terms of service
Who will replace Biden?
Trump's running mate?
Stranger things have happened
You break it, you buy it. Only reason I can think of to vote for crazy old Joe.
I wouldn't mind another 4 years of Trump but the Democrats have learned a new and very special skill. They become dead weight, a skill they learned from Jim Jones who would start a riot at a Republican event and then get the media to blame the Republican when his army for hire was arrested.
Social issues are a horrible way to lead a country yet that's all CNN wanted to debate about.
A leader maintains and shores up the foundation of the country period. If a leader secedes, social issues resolve themself at local levels or simply never happen.
The Media loves social issues because there is no single solution which would satisfy the entire nation, any leader goat'd into pursuing a solution will only fail in the eyes of most of the population and the media then declares the high ground over the leader.
Biden wants to make this election about Abortions.
The right for some dude to force himself on a girl and latter drop her off at a planed parenthood clinic and escape taking responsibility for his actions.
I never used to think about abortion until I asked my young bride "Why so sad?" She blurted out about this son of a real estate developer paid attention to her and latter forced her to have sex.
Months latter his father dropped her off at a clinic where she was placed on a table, sedated and the baby sucked out of her before she knew what was happening.
Five years latter I moved her out of the state because you couldn't go anywhere without seeing his name on a development. 20 years latter our marriage was over but she will never be happy and there is no room for me in her personal Hell.
What a rotten way to begin a young girl's life.
Abortion should be between the mother, father, doctor, supporting parents (if any) and God. Get the government out of it.
Things are so bad, the Clinton foundation donated $ 000,01to help fight dyslexia.
Another meaningless National holiday proposal.
Happy Retirees Day!
Fourth Monday of each June millions of retirees across the nation don't have to get their butts out of bed and go to work.
"I know not with what weapons World War III will be fought"
Well Mr Einstein, with all due respect I believe WW 3 will be fought with Morons and Idiots.
I blew this off as a click bait scare "get your money out" story a couple days ago. Another reason is I refuse to add banking apps to my "Dumb Phone"
It seems 3 of these start up apps have locked some 85 thousand people out of their accounts with a possibility of another 10 million might be upcoming.
I'm not into the whole phone banking thing but here is the story
https://www.cnbc.com/2024/06/01/synapse-bankruptcy-yotta-accounts-locked.html
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.
www.cnbc.comI was in a discussion with an account manager who was curious why I've been moving hundreds of thousands of dollars around this year.
You never speak your true intent to a Jr. Manager of a large bank but I asked him what the difference between money and currency was.
Okay the currency denomination theory works when you hold world dominance in international trade but it isn't the answer.
The answer is Money is created by private citizens as a result of extracting natural resources and converting those resources into accepted monetary units. (goes far beyond gold rounds)
Currency can only be created by government proxy.
Once you grasp that concept, you'll understand where the lines have been drawn between patriot and sellouts.
And that's my rant for the week.