Space Cadet

So Congress hasn't voted on the proposed budget yet.  The raw numbers is the Government is expected to spend 7 Trillion in the next year with 5.2 Trillion in revenue.  So a 1.7 trillion budget deficit.  This is the number the the Tariffs and the Budget cuts need to make up.   Only problem is the IRS is expecting the collected revenue to be down 10% due to cut backs.  I also expect lower revenue if layoffs continue as they are.  My own company did a 10% RIF globally.  But i wont bother calculating the layoffs in the rest.  So now Revenue is 4.7 Trillion(47 how fitting) now pushing the deficit to 2.3 Trillion.  Oh shit that hill just got a lot bigger boys. So lets talk these fucking tariffs.  They have been placed on and off again over the past week.  So since the Tariff was put in place up until it was pause was 10.35 Trillion.  Double the initial estimates expected revenue.  The pause was put in place and the market r...

 I am only going to write the details of the Massachusetts DOGE savings for cancelled leases. 1600 Osgood St., North Andover Center: A lease for 5,300 square feet of office and special-purpose space used by the Drug Enforcement Administration that was set to expire in January 2026. 325 Chelmsford St., Lowell: A lease for 3,900 square feet of warehouse space used by the National Park Service that was set to expire in September 2028. 900 Chelmsford St., Lowell: A lease for 26,752 square feet of office and special-purpose space used by the Internal Revenue Service that was set to expire in September 2026. 451 West St., Amherst: A lease for 22,428 square feet of office space used by the Natural Resources Conservation Services, a part of the U.S. Department of Agriculture, that was set to expire in August 2025. 9 Main St., Sutton :  A lease for 1,273 square feet of office used by the U.S. Department of Agriculture’s Animal and Plant Health Inspection Service space that was set to e...

Your Personalized Rate of Return reflecting account balance plus deposits, withdrawals and earnings from 02/09/2008 to 10/09/2008 is -42.856800%. This is a copy and paste from my 401K statement after the days trading on Thursday with another large slide. Now personally this isn't so bad as i receive a 100% employer match for what i put into it so I'm still up about 7%. As well as that fact that i hadn't had the account for more then a month or two so the balance wasn't a significant amount . I stoped contributing to it about 4 weeks ago in anticipation of something fairly bad happening in the market . I never expected it to be as bad as it currently is and i don't think it will stop dropping soon either. This will hit the soon to retire within the next 2-3 years as if its sooner then that its a good idea to switch from a high volatility area such as stocks. And move them to a more secure though less likely to make any real gains area. Forcing some of...