-
Posts
2,946 -
Joined
-
Last visited
-
Days Won
33
OlDawg last won the day on February 17
OlDawg had the most liked content!
Profile Information
-
Gender
Male
-
Location
La Porte
-
Interests
Grandkids, Fishing, Football, Baseball.
Recent Profile Visitors
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
I may think abortion on demand is wrong. But, it's not my place to interject in someone else's very personal matter. If the government wasn't so deeply involved in healthcare, your moral dilemma wouldn't be an issue. The answer isn't to fight the moral question. The answer is to minimize/eliminate government involvement in healthcare. Property taxes in Texas is an interesting question. I am more of a flat tax person vs. a consumption tax person. To me, a consumption tax stymies growth more than a flat tax. That being said, I'd prefer a flat tax (Federal) with property taxes. But, I would maintain a maximum level of property tax increase/year--with no loopholes--and have the tax rate of property be set by the insurable value after yearly appraisals. Not the other way around. The value of one's property should only be worth what it can be insured for in case of total loss. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
The government shouldn't be involved in the marriage business. The government shouldn't be involved in the abortion or not business. If what someone does in their own home--or daily activities--does no harm to others, it's none of my business. The government wouldn't be involved if we hadn't invited them in. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
I'm a fiscally conservative libertarian. There's actually a pretty big difference in that and typical conservatism. Typical conservatives still believe in some market manipulation to help achieve their social goals. Liberals and Progressives are at the total opposite end of the spectrum from me from a fiscal and personal liberty stance. -
TheMissingBand reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
DCT reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
I don't like government interference in private lending markets. Protecting against predatory lending practices? Sure. Setting rates? No. This Administration has already interfered way too much in the free enterprise markets in my book. This is not what I expected from a supposedly conservative, free market Administration. We've got free trade manipulation, government purchasing majority stakes in private corporations and basically nationalizing them, and desires to limit the credit lender's ability to minimize risk in their own practices. While I don't think limiting some people's access to 'easy credit' is a bad thing, it's not government's job. The only thing government manipulation has ever done is interfere with the free market, and they have a horrible track record of picking winners and losers. -
OlDawg reacted to a post in a topic:
America Is Back!
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Good summary article on the current state of personal finances. The actual numbers may surprise many. (Hint: Personal debt to income is at its lowest level since the 90’s.) [Hidden Content] Well done to those who are finally becoming more financially responsible. This is the real key to personal freedom. -
Separation Scientist reacted to a post in a topic:
Out of Coverage Area: La Porte vs Austin Anderson, Round 3
-
thetragichippy reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
thetragichippy reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
OlDawg reacted to a post in a topic:
Barbers Hill vs. Pflugerville Weiss 3rd round
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Cuomo has no clue yet. He’s judging based on the wrong criteria & way too soon. The goal of tariffs was to bring manufacturing back to the U.S. That won’t happen overnight. While I may not be a fan, it’s too soon to know if they’re successful at the core goal yet. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
I believe tariffs have only brought in about 1% of the national debt. That’s before some will probably be refunded. It would have been much better to cut spending from a fiscal standpoint. Of course, we know that’ll never happen. Neither Party will cut. I am still hopeful some needed items can be re-onshored. That—to me—was the actual goal. It’s still up in the air, and possibly won’t be known for a few years. It’s critical to bring back some pharma & semiconductors. (Even though I dislike the government buying stakes in private firms like they have done under this administration.) I am against the nationalization of industries from a competition aspect, and a socialistic approach in private enterprise. This shouldn’t be a government function other than to provide incentives—not ownership. GM still owes us around $14 billion. I’m not sure who is really running the fiscal show from the Administration. But, I’ve always questioned some of the moves as a private enterprise/free trader. Yes, there have been some successes. There’s also been a lot of turmoil. -
LumRaiderFan reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
I wouldn’t disagree with your take. I’d debate you on your second sentence is all. I think the lockdowns did affect not only the manufacturing of goods, but also the logistics of supply. We both agree the $1.9 Trillion wasn’t needed & actually hurt. It actually accomplished nothing of note. When the Feds kept raising rates, and the extra money people received ran out, they had to pull back some. That helped cool inflation as well. -
AggiesAreWe reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
DCT reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
No. You don’t appear to see. The 9% was artificially inflated. The Feds raising the interest rates lowered the inflation rate more than anything the Biden Administration did. Somewhat similar to Trump. This Administration has hurt inflation coming down more due to tariff policy. The Feds maintaining a higher interest rate than needed are also affecting the slower pace of disinflation. The Fed is slowing down the drop on purpose. They want to ease into 2%. Not crash. It doesn’t take a rocket scientist to know that if the Fed target is 2%, that 1/2% is a major change one way or other when not artificially inflated. If core inflation were to hit 3%, the Fed would immediately raise 50 basis points. That’s how big a 1/2% change is when the rate is close to target. -
TheMissingBand reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
That’s actually what he sounded like to me. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Not a fan. As I said, this needs to stop. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
We could quibble all day and never come to a definite conclusion. Adding $1.9 Trillion free cash flow caused the Fed to have to raise interest rates significantly. This helped fuel inflation. Yes, the other factors you mention played a role as well. Numbers I've seen credit the IRA with raising inflation by 30-40%, with the other factors contributing the rest. So, the so-called Inflation Reduction Act actually increased inflation by around 3-3.5% in the short term. -
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Half a point is historically a significant drop. It just doesn't seem like much compared to the high of 9%. I made nothing up. You need to study history more. -
LumRaiderFan reacted to a post in a topic:
SCOTUS Rules Against Trump Administration IEEPA Tariffs
-
SCOTUS Rules Against Trump Administration IEEPA Tariffs
OlDawg replied to OlDawg's topic in Political Forum
Gonna be a good weekend to smoke a brisket for sure. I usually buy 2 when they go on sale around Memorial Day. Smoke one & freeze the other for later. We like smoking a brisket for Christmas if our kids/grandkids are coming down.