28 Comments
User's avatar
Ed Koller's avatar

Greg, please stop apologizing to these left wing idiots you don't need to defend yourself. All your regulars know your no racist. you don't need these people to be nice to and tell them to take a hike. There s no pure racism like the after 1950's an back. Hell most of your mayors, prosecutors police chiefs, congress men and women are black ,brown . We got to stop calling people racists.

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Melvin Hoffman's avatar

As soon as you got the words out of your mouth I knew you would have the race card played against you. The Fed is a monster openly violating its STATUTORY MANDATE to maintain a stable value currency. Have you ever wondered why the so called mainstream financial media has not attacked them for announcing a policy promoting inflation? With leverage inflation increases the profits the wealthy “earn” by buying up assets of real intrinsic value, using manipulated derivatives to further enrich themselves. Meanwhile those who do earn a living and attempt to save dollars have that “money” constantly devalued. They are true monsters of whatever color.

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Dave Wood's avatar

To all Greg’s listeners. All banks and credit unions are required to report their financial condition quarterly and due by the 10th. This, October 10th all reports will be submitted. More deterioration will be noted and more bank downgrades by rating agencies. I suspect several banks will be seized by the FDIC. I further believe we may see our first of many bank bail in’s authorized in 2010 under the Dodd Frank legislation. A bail in is simply any account or accounts that exceed FDIC $250,000 insurance will not be protected and those sums exceeding insurance will be an unsecured creditor of the bank. Meaning you just lost your money to a poorly managed bank. My strongest recommendation is for you to go to the FDIC website to determine your level of FDIC coverage. Any amount deemed not covered move immediately to another institution for FDIC coverage. An alternative…as an example…is to open a brokerage account…say Van Guard where you can purchase a 3 month treasury at 5.46%. For myself I tend to buy 30 day treasuries and keep rolling the interest forward. Compounding effect. Protect yourself. Be aggressive in managing your risk tolerance and FDIC coverage. Do not get caught as an unsecured creditor. Your money will be confiscated.

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Straw Man's avatar

In other words get off your lazy ass and help yourself

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Dave Wood's avatar

Absolutely.

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Brewer Bob's avatar

Hi Dave, gonna take your advice. Do you buy auctions or just buy direct?

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Dave Wood's avatar

If I understand your question I have an account with Van Guard. Then purchase short term treasuries thru their treasuries link. The link provides you the rate and maturity. While you are making that decision you are paid… I believe 3.60% on funds in your account.

When matures, I take the earnings and roll forward to benefit from compounding of interest.

Van Guard also offers brokered CD’s at various banks. I stay away from these CD’s and stay with treasuries.

Does this help?

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PAT Conte's avatar

THERE ARE MANY PEOPLE WHO BECAUSE OF THEIR JOBS OR EXPERIENCE FIND ANY DEVIATION FROM NORMAL IMAGING THAT MAY REPRESENT A COMICAL DESCRIPTON OF SOMETHING OR OTHER AS A SUBSTANCE OF RACISM. THEY EXIST AND ALWAYS HAVE THE FINGER ON THE TRIGGER.

I WAS EXAMING A TAX EXEMEPT ORGANIZATION AND I WAS DEALING WITH A WHITE REPRESENTATIVE FOR THE CO. I HAD JUST SEEN A PHOTO OF AN ERNIE KOVACS' TV REPRESENTATION OF A FEW DRESSED GORILLAS PLAYING CARDS AT A ROUND TABLE. I THOUGHT IT WAS CUTE AND IMAGINATIVE. AND SHOWED IT TO HIM. HE GOT ALL EXCITED AND CALLED IT RACIST. HE WAS READY TO SEE WHAT HE SAW. HE SAW WHAT HE SAW AND THAT WAS THAT.

I REALLY COULDN'T ARGUE WITH HIM, NOT BECAUSE HE WAS RIGHT, BUT BECAUSE IT WOULDN'T MAKE ANY DIFFERENCE. HE SAW WHAT HE SAW. AND THE SAME APPLIES TO YOUR SITUATION.

YOU CAN EXPLAIN AND USE LOGIC BUT IT WILL BE TO NO AVAIL. EXPLAIN YOURSELF BRIEFLY AND CARRYON. THE PROPBLEM IS THEIRS. THEY SEE WHAT THEY SEE AND HEAR WHAT THEY HEAR AND THIER FINGER WILL CONTINUE ON THE TRIGGER. YOU KNOW YOU ARE NOT A RACIST AND DON'T MAKE ANY MORE OF IT THAN YOU HAVE. REGARDS, P CONTE

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trumpHELL666's avatar

America is under THE JUDGEMENT OF GOD! 👍

This September 2023 is going to be "A SEPTEMBER TO REMEMBER"!!! 💥🌀💦💢🌊🔥⚡⛈️

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ChrisCoonsToupee's avatar

The rayciss card has been played too much.

NGAF nor should they.

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Quietly Crushing's avatar

I'm a racist...I believe in the supremacy of the human race. Who's with me? Stop the A.I.

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BooBoo's avatar

Greg! You are not racist you only speak the truth and the facts but these ass holes are racist and they don't want to hear the truth.

The true facts are that 80% of the blacks in the USA are lazy, uneducated don't work and cause 80% of the crime in the USA.....Fact

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Straw Man's avatar

Racist booboo 🤣

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nik's avatar

The FDIC is bankrupt! Get a Trezor and put ur Bitcoin on it very safe that way! Ur a Paisano not racists!

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A. Webber's avatar

Duh!

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Brandon Vanderwe's avatar

Biden just canceled the leases on 7 major oil fields in Alaska the held 77 billion barrels of oil do essentially guaranteeing $100 a barrel by year end.

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Straw Man's avatar

Yeah I’m buying oil stocks Let’s go Brandon

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Dave Wood's avatar

One clarification. My funds with VG are in a self directed IRA. Thus have to use their platform. Otherwise would go direct to the US Treasury to purchase.

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Mark Boldeia's avatar

MMR HIGH

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Just Me's avatar

Love what you had to say- You nailed it , no excuses needed If people can't see the humor in reality of the circumstances - then let them seek out info elsewhere. Well explained and great analogies. Learning a lot from you.*****

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robert stiles's avatar

The last three times I tried to get money out of a Wells Fargo ATM no cash was available. This morning I went into our branch and drew out much more than I had originally intended. I wonder if there is a silent run on banks happening now. People intuitively know something is wrong with the economy and are surreptitiously lighting up their risk.

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