Dow (@dow.bsky.social) reposted
From Perplexity. Prompt was "What is the history of left wing and right wing political shootings over the past two decades?" 84% to 15%
Gardener, fly-fisher, Democrat, investor, old Midwestern white guy.
529 followers 121 following 568 posts
view profile on Bluesky Dow (@dow.bsky.social) reposted
From Perplexity. Prompt was "What is the history of left wing and right wing political shootings over the past two decades?" 84% to 15%
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Gee. Could it be that third world populations have exploded over that period? Huh? Is it really white replacement or some other BS theory? What is this extreme insecurity of some white people? Musk is just another extremely intelligent stupid person. Never learned critical thinking.
Ivan the K โขโ๏ธ (@ivanthek.bsky.social) reposted
Yeah, that would be terrible. Maybe instead, do something like: EPSTEIN---FILES! ๐ ๐ ๐๐๐ EPSTEIN---FILES! ๐ ๐ ๐๐๐ EPSTEIN---FILES! ๐ ๐ ๐๐๐
๐๐ฆ๐๐๐๐ ๐พ๐ฆ๐ฃ๐ (@sundaedivine.bsky.social) reposted
School shooters never act alone; they're assisted by 53 Republican Senators, 220 Republican House members, the president & the NRA.
drewburn111.bsky.social (@drewburn111.bsky.social)
I watched Saving Private Ryan with considerable emotion. I remember many gritty scenes, but I also remember Hanks appeal at the end to build the WWII memorial. Hanks is a real American, unlike Bone Spurs and the cowardly who surround him. (Wife & I gave in memory of our fathers who served.)
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
I remember watching Saving Private Ryan for the first time, and Tom's appeal at the end to build the WWII memorial. My wife and I made a gift the next week. My father and my wife's father were that generation who served and cumulatively did indeed Save the World.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Uhhh.....
Ron Filipkowski (@ronfilipkowski.bsky.social) reposted
I guess all of us who served after 1945 served in a woke military, per Cadet Bone Spurs.
Adam Kinzinger (@adamkinzinger.substack.com) reposted
The WH threatening any Republican that signs the Epstein discharge petition. Itโs 100 percent clear Trump is covering up criminal child sex trafficking
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Mostly agree, though suspect Trump accelerated this trend much more.
CNBC (@cnbc.com) reposted
South Korea said Friday that it had expressed โconcern and regretโ to the U.S. Embassy over an immigration raid on a Hyundai facility in Georgia during which it said โmanyโ South Korean nationals had been detained.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Just a "great" way to boost foreign investment in the US. ICE = idiot customs enforcement.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
But, as you said, more or less, "You don't storm the place with ICE." Idiot move.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Another "brilliant" move by ICE!
MeidasTouch (@meidastouch.com) reposted
Itโs almost like the vice president doesnโt fully understand tariffs
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Ha!!!
Erin Golsen (@erininkentucky.bsky.social) reposted
This is my happy account so I rarely post about current events, but I just saw RFK Jr say during a Senate hearing "I'm not taking vaccines away from anybody," and that is a lie. I went to Walgreens today and was told I could *not* get a COVID booster because I'm under 65. He's a liar. #RFKJr #Covid
Robert Reich (@rbreich.bsky.social) reposted
The 100 lowest-paying US corporations spent $644B on stock buybacks from 2019 to 2024. Buybacks artificially boost share prices and inflate CEO pay. The typical worker at these companies earned $35k last year. Meanwhile, the average CEO was paid $17.2M See the problem?
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Classic imo. Just like 1970s paradigm only totally self inflicted. Although 70s were too but in a different way.
Michael McKee (@mckonomy.bsky.social) reposted
Apparently, we're at the limit. From Judge Allison Burroughs opinion in tonight's Harvard case:
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Eventually, the crowd starts getting sick on the snake oil and the other stuff he's selling doesn't look so good. The crowd goes for the tar and feathers as the con attempts to escape.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Interesting. And I like the musical reference!
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
7) And sometimes, very long term.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
6) I've watched and invested in tiny financials for decades off and on. They go through very long cycles, but they offer some significant reliabilities. They often rely of very local, very simple business models. A well-run small bank can be a surprising good investment long term.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
5) There are some basic companies still out there with little or modest debt, still producing decent, if not sexy profits. I feel there is still an excellent chance of a dot.com style collapse. Seems almost inevitable. Perhaps there is one group for ordinary investors?
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
4) Seems extreme divergences in valuations with the added factor of EXTREMELY LEVERAGED BALANCE SHEETS!! Lots of large and mid caps rely on heavy leverage to product returns. The overhang of heavy debt to juice returns appears the norm. Just not good in my opinion.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
3) Per Buffett, who some are relegating to the dust bin: There is no value in large caps. Agree. Seems like a time to remind people what is large vs. medium vs. small. For one, a multi-billion $ company can still be small cap. A $1 billion company is considered micro. Really!!
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
2) But things may evolve regardless of Trump market insanity. There is sooooooo much money chasing AI, data centers, bitcoin. All of which trade on dreams and wishes of near term profits that seem likely to disappoint. I feels like the dot.com boom to me.
drewburn111.bsky.social (@drewburn111.bsky.social)
I've held this thought for perhaps a year now. Small cap renaissance. Part of it is contrarianism. Some, reflects my deep discount bias. Whatever, I thought the solid Binden economy would lead this direction by now, if of course, Biden were still in office and Trump chaos wasn't.
Mallory McMorrow (@mallorymcmorrow.bsky.social) reposted
Labor Day - these are the men and women who build Michigan, teach our kids, take care of our loved ones, and who know that weโre more powerful together than we are alone. Whether or not youโre a part of organized labor, we all owe a debt of gratitude to those who have fought for all of us.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Yep. Domestic violence issue b/c she was giving him a bj??
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
OMG. Really????
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Interesting Mohamed. The peak in gold v. UST seems to be the early 1980s. Might that mean this trade has a long ways to go? It also may mirror the inflationary 1970s if that is when the last divergence occurred??
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Good luck China. Who would have thought dealing with the Taliban would result in this?
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Agree, but Congress in paralyzed when it comes to making meaningful decisions. The GOP are a collective of insecure and lazy minds who would never have come up with even reasonable tariffs on their own.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Would we (the US) have to rebate the tariffs if POTUS agrees??
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Seems the apogee of Congressional deferral. For decades, Congress has been giving away power to the executive to avoid responsibility. Declaring war, no, the executive can call an emergency: Korea and Viet Nam. Politics is the US is broken, but doesn't mean we need authoritarianism.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
It's funny how Nutlick & Trump seem to believe that tariffs are the way to revive the middle class boom post WWII. Suspect Nutlick doesn't really believe it's anything other than a tax on the lower and middle class, which of course it is. God forbid tax rates like we had during and post WWII.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Blah, blah...or we'll have to raise taxes on the --- gasp --- wealthy --- gasp, choke, hyperventilate....
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Maybe he should recommend heroin. He says it help him.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
New American Dream. Love it!
God (@thegodpodcast.com) reposted
THOU SHALT STOP WORSHIPPING GUNS!!!
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Amazing.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
On the one hand, anti-inflationary. On the other, raises the deficit. My guess is they would have to rebate the importers?? Net-net, typical GOP mirage. Another easy money miracle that wasn't. We muddle through. Markets, I would guess react well, though maybe less so bonds.
Mallory McMorrow (@mallorymcmorrow.bsky.social) reposted
There are folks who want to get things done for the American people, and those who go to government to blow it up. If you want to work with us, great. If not, a new generation of leaders is going to hold you accountable.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Life support with barely a heartbeat.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Storming the beaches of Normandy was just an negotiation. lol
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
This is NOT uncommon.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
A socialist?????
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Derik and the Dominos pizza.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Art of the squeal.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Maybe more just lumped into inflation issue, which is getting worse, obviously. But in states where the elec prices are rising a lot, that works in spades.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Unfortunately, as a POTUS candidate he comes off as a very aloof and arrogant JFK. Just saying. Otherwise, go buddy go.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
After all these decades, only Democrats have reduced the budget deficit (Clinton ran a surplus). Only Democrats have taken fair tax collection seriously (and fair taxes IMO.) Only Democrats have tried to control healthcare inflation. And magically, the stock market does better under Dems!!!
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Clear the Repubs are just about helping the wealthy. About spending money on their priorities, not the American peeps. And with Trump, it's about being authoritarian, controlling power and negating the Constitution.
drewburn111.bsky.social (@drewburn111.bsky.social)
I'm old enough to have voted for Clinton 2, Reagan 1&2, Bush, Dole, Bush 1. I declined to vote for GWB after he cut taxes while growing a war in the Iraq/Afghan. No sign of fiscal restraint. Thereafter, I voted all DEM.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
The are still AAA Corp bonds in US???
drewburn111.bsky.social (@drewburn111.bsky.social)
Sorry if my last posts were confusing. That said: look at little banks right now. Looks like a bull market starting. I had a 3% day. You'll be shocked at how these little value stocks run in a bull market - - a bull market that has almost zero correlation to the over stock markets.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Tariffs will slow the economy "benevolently", slow consumption, slow growth and we get some kind of low growth soft landing. Eh, no. Very low probability given the workforce is also contracting b/c the Gestapo is cutting immigration.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
So, the tariffs are just makin domestic manufactures pull back and not export? The tariffs won't be inflationary b/c the economy will go into sharp recession? Great trade-off.
drewburn111.bsky.social (@drewburn111.bsky.social)
Of course there are myriad outcomes. There usually are. Tariffs are inflationary. Only an idiot wouldnโt see this possibility. And the Trump admin has a lot of idiots. Tariffs recessionary; sure unless interest rates fall a lot in which case they are inflationary.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
I actually think that modern financial markets are much more savvy that back in the god-knows-how long ago. I'm sure the tulip mania took several years to fully unwind. The dot.com didn't take that long.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
So, what happens? I've no idea, but I'll guess that money gets so very loose that we see extreme speculation in AI, etc. One thing you can wager on with the Trump admin is looser money/credit. Smart investors IMO will gradually bet against this looseness. Eventually, such speculation collapses.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Tariffs will slow the economy "benevolently", slow consumption, slow growth and we get some kind of low growth soft landing. Eh, no. Very low probability given the workforce is also contracting b/c the Gestapo is cutting immigration.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
So, the tariffs are just makin domestic manufactures pull back and not export? The tariffs won't be inflationary b/c the economy will go into sharp recession? Great trade-off.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
So, are we back to just thinking Trump is a useful idiot versus being legit compromised?
mary childs (@marychilds.bsky.social) reposted
On this @planetmoney.bsky.social, we visit two countries that have some experience with data manipulation -- Argentina and Greece. To see what happens when governments get tempted to cook the books, and how hard it is to UN-cook them. www.npr.org/2025/08/08/1...
Governor JB Pritzker (@govpritzker.illinois.gov) reposted
Remember, tyranny requires your fear and your silence and your compliance. Democracy requires your courage.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Hasn't shown up in the Heartland, but things always start on the coasts.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
What if there is little productivity enhancement from large language modesl? That the only real โjazzโ is in general AI, which is how many years away?? I suspect there is another strong chance for an enormous loss of capital eclipsing the dot.com loses.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
What if it only helps people goof off more? What if it doesnโt boost productivity much? Again, there is a long-term case for AI, as there was for dot.com, but what if the payoff is rescheduled out 10, 15, or even 20 years (or God forbid, forever?)
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Actually, from what Iโm reading, the willingness of investors to finance data centers right now is beyond the dot.com extreme. What if all this money is sunk into data centers and AI, at least the large language models become ubiquitous (and free), and the return on capital is teeny?
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
AI is becoming the new dot.com. In terms of capital sunk into โhopeโ, we arenโt that different, and in terms of the companies that are profitable, their P/Es and other value measures are sky high.
drewburn111.bsky.social (@drewburn111.bsky.social)
Is there a comparison between today and the late 1990s and early 2000s financially speaking? Yes, I think so. There were many more unprofitable companies in the late 90s. But this seems to be true today, even in the current โmainโ player are profitable.
drewburn111.bsky.social (@drewburn111.bsky.social)
The Republicans have for decades complained about big government. It was crap. They only wanted their version of big government, which is even bigger than what they complained about. Much bigger and totalitarian.
Rick Wilson (@therickwilson.bsky.social) reposted
No, really? You don't SAY. www.nytimes.com/2025/08/08/u...
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
I think Apple just did. It's never enough. He's desperate to one up Obama.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Lord Chamberlain would approve. Give him Czechoslovakia, he'll stop there.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Not a chance. They'd put them around Ecuador and Paraguay.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Phylum is a term that applies to plants, and subdivisions of plants, not to bacteria or virus. What an Idi@t.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Wouldn't that be a hoot!
Matt Gabriele (@profgabriele.com) reposted
this is simply extortion and theft of state monies
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Unbelievable!!
Catherine Rampell (@crampell.bsky.social) reposted reply parent
He's a moron & a pathological liar who masquerades as an economist. At best he cherry-picks data. At worst he makes it up entirely. (See one example, below) No one should report whatever garbage he's turned into visual aids as bearing any resemblance to reality www.washingtonpost.com/opinions/201...
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
How the hell is old Phil?
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
That said, Bluesky seems to do a nice job of eventually blocking them completely.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
And anyone who's had contact with Mohamed knows he's laid back and simply a nice guy.
drewburn111.bsky.social (@drewburn111.bsky.social)
I'm been approached here by several fake accounts pretending to be "celebrity" investors, Josh Brown most recently, but a few others. Want to talk about my "trading", I'm a long term investor: boring. The only celeb I've had contact with, is Mohamed El Arian. He wasn't trying to sell anything!
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
I think you're being too conservative. LOL.
Ivan the K โขโ๏ธ (@ivanthek.bsky.social) reposted
WE'RE CRUSHING LABOR SUPPLY WITH MY IMMIGRATION AGENDA, AND WE'RE RAISING THE COST OF ALMOST ALL THE STUFF WE IMPORT WITH MY TARIFF POLICY. OH, AND I'M OVERHAULING HOW OUR ECONOMIC DATA IS REPORTED. THAT'S GOOD, RIGHT?
Joe Walsh (@walshfreedom.bsky.social) reposted
My thoughts this morning on the anemic jobs report.๐
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Thatโs not a good sign, right? Contra-mom.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
No. At some point the value declines, like any technology. Again with the automobile comparisons. Although, yeah, I think there is a limit to Moore's law.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
Get a job to anyone who thinks this.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
I could come up with other car examples. Automatic transmissions huge. Cruise control, nice but not as revolutionary. Heated steering wheels, nice but much less utility per hour driven.
drewburn111.bsky.social (@drewburn111.bsky.social) reply parent
You're killing me Ivan! I think most of the advancement in cellphone tech is in the past. I don't see how AI (or other magic) improve their utility much. So, I'll say 20% in the next ten years. It's like cars: heated seats were a huge advancement in comfort, heated steering wheels less so.