Do you think it would be untoward for the American Taxpayer to know what their defense costs?
For instance, when we purchase a fighter jet from say Lockheed/Martin or Boeing for $100 million
1) what does it cost to produce, including R&D, returns, allowances, overhead and administration;
2) what is the profit margin on each item
3) was it obtained through a competitive bid, if not why not
I would like this information available on everything from a 5.56mm round to a B-2 Bomber and further I think defense contractors are entitled to earn a profit but a reasonable profit
Now does my request constitute a command economy or socialism, we are spending taxpayer dollars here so accountability is important
Like I've been saying for months and months the Ptresident needs to spend GOBS of money to get the economy back to sensible norms. Lowering will cause cheaper borrowing rates. At the same time he's getting rid of fraud and waste.. Let's see how it plays out.!!!
It won't work! The only way the US govt can spend gobs of money(sic)is to borrow it!
To get the economy back on track we NEED honest money and a capitalistic system. Currently we have neither. We CANNOT have a capitalistic system with NO capital in the system! The ONLY basis for the current system is DEBT!
Vike I'm 83 years old. And a strong money advocate per Gold and Silver. But at this particular time to get the country on the right path after Joe B. Caused immense damage with his asinine policies..Closing border, ousting illegals, building back our Military ETC. Lots of money needs to be spent in the near future. But I believe after his 2nd year, he'll bring back a sound monetary system with Gold and Silver as a hub to sound money. Along with certain Crpto's included. Be patience, but it could happen faster if the BRICS push the issue. Ed K
Thanks for your reply Ed. I hope you are correct re sound money system. At least your are NOT congratulating the Donald... yet. That seems to be the way as he has been excoriated for things that haven't even happened...yet.
Personally I reserve a lot of credit for longevity(83). The amount of change you have seen....from a country with a unity of purpose to a transformation of something unimaginable but to those educated to expect and glorify it!
What I think citizens should realize is Trump may be president but he can trust very few around him. If he is frank about his plans the liberals will booby trap his direction. In the end Trump will be known by his fruits!
You are correct re Biden, his policies were designed to damage this country. As an example, to keep real estate appearing trouble free Biden ordered taxpayer money used to make payments on over 550,000 FHA loans about to go delinquent. Other policies towards FHA loans has helped avoid a million or more foreclosures. That should incense American's who MAKE their FHA payments!
We the American people especially the middle class are being lead to become serfs for the upper 10% of this society. We are no longer have any say about our freedom to live our lives. Until their is some type of Renaissance in this county to take away power from the US GOVERNMENT We the people are doomed.
.... call it what you want renaissance, revolution, restoration - deceit is right in front of your face - we have come-to- our 'come-to-Jesus moment'... where the rubber meets the road. You can see the babble in the Babylon just trying to cypher the seance of Greg's 'market speak' - if that's not a great deceiver's language; 'no bullish divergence", "look for a capitulation before a bounce' , "histogram is shrinking' - read enough of it and you'll surrender and believe a man has a natural authority over another man... everyone will be grateful to get back the value of their time and labor which is all anyone really has Andy.
"...and believe a man has a natural authority over another man".
The denial of this concept is what separated America from any other, from the 1776 Declaration of Independence...."We hold these truths to be self evident that all men are created equal..."
Even these words proved to be hypocritical to its author, Thomas Jefferson. I believe it is why it is chiseled in marble in the Jefferson Memorial; "I tremble for my country when I reflect God is a just God and his justice cannot sleep forever..."
Jefferson realized that many signers of the Declaration of Independence were also slave owners!
"Law is often but the tyrant's will, and always so when it violates the right of an individual." [TJ] That's why governments disarm their citizens because they're going to do something worth shooting them for... subjugation. "Resolved that Taxation and Representation are in their nature inseperable; that the right of withholding, or of giving and granting their own money is the only effectual security to free people, against the encroachments of Despotism and Tyranny; and that whenever they yield to one they fall pray to the other." [Fairfax Resolve #6] Jefferson couldn't decide if the administrative statists 'central planners' were idiots or evil or both. You can't elliminate the option of being complete idiots, but they are definitely evil. Today the level of ignorance is at an incredibly high level. Are we supposed to believe elections are fixed - or 'fixed'?
Ignorance can be fixed but stupidity can not. What really catches my attention is sometimes arrogance to along with the ignorance, amazing. The two attributes together can meld into one smarmy character, a know it all!
I have a bone to pick with just such an individual, Michael Bordenaro.
He has a YouTube channel that centers on Florida real estate and associated economic matters. He does a good job aggregating news but can only see the obvious and offers no insight which might help his subscribers, like how does a dollar come into existence. This guy knows little if anything regarding our monetary system and country. He has no idea whats coming, if he was a doctor they would call him a quack!
Look at The JabFather. He's a 'real' estate 'guy' (commercial mostly - unlike flipper Bordenaro) brokers aren't 'business men' - they live off the skim - 7-10-Yr boom/bust business cycles - usually in a three-way circle-jerk-shuffle with their leveraged 'banker' friends. Carnival barkers are a dime a dozen... programs, get yer programs! Florida is where circus acts winter-over - might tell you something - there really is a sucker born every minute... and monetary-policy decisions/accords are penned - currencies pirated right at the king's castle. Perfect place to keep the bewildered bewildered... among the Greatest Show Offs on Earth. Noam Chomsky said, "Sectors of the doctrinal system serve to divert the unwashed masses and reinforce the basic social values: passivity, submissiveness to authority, the overriding virtue of greed and personal gain, lack of concern for others, fear of real or imagined enemies, etc. the goal is to keep the bewildered herd bewildered." I'd say they've done a fine job. Flip a house or flip a country - make it UP!
Thanks Doug for your usual eloquent and erudite commentary. Your philosophical retort rings true to me but I still see those like Bordenaro as a threat to MY freedom! Then disrespecting me in his smug manner because I wouldn't subscribe to his YouTube channel provided motivation. My motivation is to grind up smug people!
The real problem I am encountering is any truth I post on his channel is DELETED by YouTube. The thing I have found is what I posted on Peter Schiffs YouTube channel re the US 1933 bankruptcy was OK but deleted on Bordenaro's!
The only conclusion I come to is YouTube(Google=Satan*) knows Bordenaro is perhaps the most ignorant YouTuber and they wish to maintain that along with keeping his subscribers in the same condition!
*Anyone doubting that need only look to the logo for Google's Chrome and notice it is a stylized 3-SIXES which is reference to the Anti-Christ.
Greg, I know they will keep creating debt money and inflating to infinity. As long as they keep their power. Therefore I am not freaking out about equity market corrections. Yes, done if my positions are down 20 percent or more. But all of them pay me monthly mostly, quarterly since to own them. I dint buy anything to try and get short term capital gains.
I saw that the M2 money should be moving up by end of month for about 6 weeks. Could this create the blowout top? Here's a link to a video and analysis is at 5 minutes into video.
It's already occurred! Have you ever heard of Joe Namath? He was the QB of the New Jets and they agreed to pay him the absolutely princely sum of $400K a year in 1968 to play for the Jets.
After last season ended the Dallas Cowbillys agreed to pay Dak Prescott $60M a season! Plus there are over 5 other NFL QB's making more than $41M a season.
In the same vein, State Farm Stadium here in Arizona, was built as the Cardinals home at a cost of over $1B. The Cardinals old home was Sun Devil Stadium on the grounds of Arizona State University. The university built the 72,000 seat Sun Devil Stadium in the late 1960s for less than $1M! The GB Packer's Lambeau Field also cost less than a $1M to build.
There was a news piece during the construction of State Farm Stadium detailing how the cost of the main scoreboard was above $30M!
Very true...I'm always amazed at the costs for new infrastructure, be it roads, bridges or other forms of collective transport. They always surpass the initial estimates, sometimes by 4 times the original cost. They got people accustomed to Million$ & then they went for Billion$ per project. And now, as if they didn't know beforehand, governments across the globe, seeing what DOGE is unveiling in the US, are starting to mimic the outrage at all the waste...THEY were the ones that got us in this situation in the first place...The hypocrisy is mind numbing!
The PPT was hard at work yesterday after returning to the office following an early lunch.
It couldn’t be more obvious than it was yesterday that the FED is illegally buying ETFs to arrest the downturn.
It’s no wonder that all forces are aligned to resist an audit. Because a true forensic audit would reveal the years of creating ‘cash’ on the screen and injecting it into the market.
The "cash" does not exist, though. Those numbers on the screen are all just a promise for actual cash. Hence why this crash is going to be deflationary.
I told my wife this morning "I'm going to be me!", and cracked a beer at 7:45 am. I just about got beat with a frying pan. Thx Greg!
I have a question for all the Lions here:
Do you think it would be untoward for the American Taxpayer to know what their defense costs?
For instance, when we purchase a fighter jet from say Lockheed/Martin or Boeing for $100 million
1) what does it cost to produce, including R&D, returns, allowances, overhead and administration;
2) what is the profit margin on each item
3) was it obtained through a competitive bid, if not why not
I would like this information available on everything from a 5.56mm round to a B-2 Bomber and further I think defense contractors are entitled to earn a profit but a reasonable profit
Now does my request constitute a command economy or socialism, we are spending taxpayer dollars here so accountability is important
Your thoughts please
JP at the FED said that they are being patient and that there is no need to cut rates.
Like I've been saying for months and months the Ptresident needs to spend GOBS of money to get the economy back to sensible norms. Lowering will cause cheaper borrowing rates. At the same time he's getting rid of fraud and waste.. Let's see how it plays out.!!!
Ed
It won't work! The only way the US govt can spend gobs of money(sic)is to borrow it!
To get the economy back on track we NEED honest money and a capitalistic system. Currently we have neither. We CANNOT have a capitalistic system with NO capital in the system! The ONLY basis for the current system is DEBT!
Vike I'm 83 years old. And a strong money advocate per Gold and Silver. But at this particular time to get the country on the right path after Joe B. Caused immense damage with his asinine policies..Closing border, ousting illegals, building back our Military ETC. Lots of money needs to be spent in the near future. But I believe after his 2nd year, he'll bring back a sound monetary system with Gold and Silver as a hub to sound money. Along with certain Crpto's included. Be patience, but it could happen faster if the BRICS push the issue. Ed K
Thanks for your reply Ed. I hope you are correct re sound money system. At least your are NOT congratulating the Donald... yet. That seems to be the way as he has been excoriated for things that haven't even happened...yet.
Personally I reserve a lot of credit for longevity(83). The amount of change you have seen....from a country with a unity of purpose to a transformation of something unimaginable but to those educated to expect and glorify it!
What I think citizens should realize is Trump may be president but he can trust very few around him. If he is frank about his plans the liberals will booby trap his direction. In the end Trump will be known by his fruits!
You are correct re Biden, his policies were designed to damage this country. As an example, to keep real estate appearing trouble free Biden ordered taxpayer money used to make payments on over 550,000 FHA loans about to go delinquent. Other policies towards FHA loans has helped avoid a million or more foreclosures. That should incense American's who MAKE their FHA payments!
Audit the FED then end the FED!
War is imminent.
Thanks Greg. That's awesome
We the American people especially the middle class are being lead to become serfs for the upper 10% of this society. We are no longer have any say about our freedom to live our lives. Until their is some type of Renaissance in this county to take away power from the US GOVERNMENT We the people are doomed.
.... call it what you want renaissance, revolution, restoration - deceit is right in front of your face - we have come-to- our 'come-to-Jesus moment'... where the rubber meets the road. You can see the babble in the Babylon just trying to cypher the seance of Greg's 'market speak' - if that's not a great deceiver's language; 'no bullish divergence", "look for a capitulation before a bounce' , "histogram is shrinking' - read enough of it and you'll surrender and believe a man has a natural authority over another man... everyone will be grateful to get back the value of their time and labor which is all anyone really has Andy.
"...and believe a man has a natural authority over another man".
The denial of this concept is what separated America from any other, from the 1776 Declaration of Independence...."We hold these truths to be self evident that all men are created equal..."
Even these words proved to be hypocritical to its author, Thomas Jefferson. I believe it is why it is chiseled in marble in the Jefferson Memorial; "I tremble for my country when I reflect God is a just God and his justice cannot sleep forever..."
Jefferson realized that many signers of the Declaration of Independence were also slave owners!
"Law is often but the tyrant's will, and always so when it violates the right of an individual." [TJ] That's why governments disarm their citizens because they're going to do something worth shooting them for... subjugation. "Resolved that Taxation and Representation are in their nature inseperable; that the right of withholding, or of giving and granting their own money is the only effectual security to free people, against the encroachments of Despotism and Tyranny; and that whenever they yield to one they fall pray to the other." [Fairfax Resolve #6] Jefferson couldn't decide if the administrative statists 'central planners' were idiots or evil or both. You can't elliminate the option of being complete idiots, but they are definitely evil. Today the level of ignorance is at an incredibly high level. Are we supposed to believe elections are fixed - or 'fixed'?
Ignorance can be fixed but stupidity can not. What really catches my attention is sometimes arrogance to along with the ignorance, amazing. The two attributes together can meld into one smarmy character, a know it all!
I have a bone to pick with just such an individual, Michael Bordenaro.
He has a YouTube channel that centers on Florida real estate and associated economic matters. He does a good job aggregating news but can only see the obvious and offers no insight which might help his subscribers, like how does a dollar come into existence. This guy knows little if anything regarding our monetary system and country. He has no idea whats coming, if he was a doctor they would call him a quack!
Look at The JabFather. He's a 'real' estate 'guy' (commercial mostly - unlike flipper Bordenaro) brokers aren't 'business men' - they live off the skim - 7-10-Yr boom/bust business cycles - usually in a three-way circle-jerk-shuffle with their leveraged 'banker' friends. Carnival barkers are a dime a dozen... programs, get yer programs! Florida is where circus acts winter-over - might tell you something - there really is a sucker born every minute... and monetary-policy decisions/accords are penned - currencies pirated right at the king's castle. Perfect place to keep the bewildered bewildered... among the Greatest Show Offs on Earth. Noam Chomsky said, "Sectors of the doctrinal system serve to divert the unwashed masses and reinforce the basic social values: passivity, submissiveness to authority, the overriding virtue of greed and personal gain, lack of concern for others, fear of real or imagined enemies, etc. the goal is to keep the bewildered herd bewildered." I'd say they've done a fine job. Flip a house or flip a country - make it UP!
Thanks Doug for your usual eloquent and erudite commentary. Your philosophical retort rings true to me but I still see those like Bordenaro as a threat to MY freedom! Then disrespecting me in his smug manner because I wouldn't subscribe to his YouTube channel provided motivation. My motivation is to grind up smug people!
The real problem I am encountering is any truth I post on his channel is DELETED by YouTube. The thing I have found is what I posted on Peter Schiffs YouTube channel re the US 1933 bankruptcy was OK but deleted on Bordenaro's!
The only conclusion I come to is YouTube(Google=Satan*) knows Bordenaro is perhaps the most ignorant YouTuber and they wish to maintain that along with keeping his subscribers in the same condition!
*Anyone doubting that need only look to the logo for Google's Chrome and notice it is a stylized 3-SIXES which is reference to the Anti-Christ.
Timing?
Trump says he owns the economy from six months to a year after taking office.
Once this mark is met, whatever is is, the plug is pulled.
I question the Feds ability to contain this shit show for year.
The Joker is still the wild card.
JOKER... JOKER - AND A TRIPLE! https://m.youtube.com/watch?v=6XQq4miCEI0
and we thought 1978-1986 were 'tough times'.
GOP Lawmakers Unveil Bill To ‘End The Fed’ - Another try:
https://dailycallernewsfoundation.org/2025/03/05/exclusive-end-the-fed-gop-lawmakers-unveil-bill-to-give-trump-authority-over-central-bank/
Greg, I know they will keep creating debt money and inflating to infinity. As long as they keep their power. Therefore I am not freaking out about equity market corrections. Yes, done if my positions are down 20 percent or more. But all of them pay me monthly mostly, quarterly since to own them. I dint buy anything to try and get short term capital gains.
Your right Greg, the sellers are in control. Bollinger Band, MACD/RSI confirm that.
This is a chart of Technology vs Gold which has now broken down and is in a bear market. Time to go 100% gold portfolio? https://x.com/NorthstarCharts/status/1898344281837899846/photo/1
I saw that the M2 money should be moving up by end of month for about 6 weeks. Could this create the blowout top? Here's a link to a video and analysis is at 5 minutes into video.
https://youtu.be/owBmGSfB80I?si=MCeXyYYDWAAAO_Jb
A quick look at history and you will deduce that we are on the precipice of hyper-inflation...slow at first, then all of a sudden!
In silver we trust...
It's already occurred! Have you ever heard of Joe Namath? He was the QB of the New Jets and they agreed to pay him the absolutely princely sum of $400K a year in 1968 to play for the Jets.
After last season ended the Dallas Cowbillys agreed to pay Dak Prescott $60M a season! Plus there are over 5 other NFL QB's making more than $41M a season.
In the same vein, State Farm Stadium here in Arizona, was built as the Cardinals home at a cost of over $1B. The Cardinals old home was Sun Devil Stadium on the grounds of Arizona State University. The university built the 72,000 seat Sun Devil Stadium in the late 1960s for less than $1M! The GB Packer's Lambeau Field also cost less than a $1M to build.
There was a news piece during the construction of State Farm Stadium detailing how the cost of the main scoreboard was above $30M!
Very true...I'm always amazed at the costs for new infrastructure, be it roads, bridges or other forms of collective transport. They always surpass the initial estimates, sometimes by 4 times the original cost. They got people accustomed to Million$ & then they went for Billion$ per project. And now, as if they didn't know beforehand, governments across the globe, seeing what DOGE is unveiling in the US, are starting to mimic the outrage at all the waste...THEY were the ones that got us in this situation in the first place...The hypocrisy is mind numbing!
Good morning. Thx for the update.
The PPT was hard at work yesterday after returning to the office following an early lunch.
It couldn’t be more obvious than it was yesterday that the FED is illegally buying ETFs to arrest the downturn.
It’s no wonder that all forces are aligned to resist an audit. Because a true forensic audit would reveal the years of creating ‘cash’ on the screen and injecting it into the market.
It’s totally disgusting.
They can not afford to print the currency. It would cost trillions.
The "cash" does not exist, though. Those numbers on the screen are all just a promise for actual cash. Hence why this crash is going to be deflationary.
$700-Trillion in global derivatives makes a long day for short/margin/options traders.