Aloha! TO GET ELECTED IN CALIFORNIA YOU HAVE TO BE A (D) FAILING IS WINNING AND DOWN IS UP
One example of many is this LA CD11 politician Traci Park. She was an (R) years ago but decided she better turn into a (D) if she ever wants to get elected again.
She is a (D) now even as she admits everything her party has done in California the past 20 years has been a total failure.
This is the Open Society at work, the Soros NGOs get rich off homelessness and crime and and illegal aliens and solar panels and EVs while California residents go broke. The WEF forces politicians to go marxist.
As a person who holds a lot of assets I can’t afford to live in California. I can’t afford to live in a MAX TAX state. Just on the one tax issue of inheritance I cannot be in California. If California had the same government as Texas I would move back to California in a week. I think there are some 20mil like me who live in Texas and Florida who would do the same. We all hate WOKE and WEF and everything Sacramento now represents. I made most of my fortune in Silicon Valley in the 1990s, but I cannot live under marxist policies. California in the 1990s was vastly more affordable and vastly less woke.
kaimu
June 5, 2025 8:41 am
#46980
Aloha! BIG MOVES FOR PLATINUM PALLADIUM PLAT +$37 PAL +$30
PLAT +3.27% PAL +2.85%
A few weeks ago I posted about buying more Platinum and Palladium on Kitco.
PLAT Platinum is in tight supply with a global production cut of 4%. Once again the corrupt marxist black government of South Africa is killing off white farmers and the mining industry. Without ag and mining South Africa is virtually worthless, but these corrupt energy policies of ESKOM and the cronies have driven out any sort of mining future. Without cheap power mining is DOA in South Africa. This is something KAIMU has covered here numerous times as South Africa is yet another component of the hugely marxist corrupt BRICS.
PAL Once again South Africa and Russia provide close to 80% of global supply and we have South Africa mines going down. Russia also has its own war time issues.
The US and Canada can open up more PGM mining. Add in South America and it’s …
YET ANOTHER REASON FOR NACASA
kaimu
June 4, 2025 8:21 pm
#46974
Aloha! IPERIONX(ASX) BOOOOOO M M M!!! $99MIL DOD CONTRACT OPENS +20%
Thank you Trump!
Finally seeing the potential to cut out the CCP. Only a fool would ever let up on CCP tariffs. Xi is out anyway!
IPERIONX AWARDED U.S. DEPARTMENT OF DEFENSE SBIR PHASE III CONTRACT FOR UP TO US$99M
-Low-Cost Domestic Titanium for Defense Applications: Receipt of an SBIR Phase III Indefinite Delivery, Indefinite Quantity (IDIQ) contract to achieve “Low-Cost Domestic Titanium for Defense Applications” in the U.S.
-SBIR phase III contract: Enables IperionX to receive task order funding from U.S. Department of Defense (DoD) agencies up to a total of US$99 million
-Accelerating commercial deployment: SBIR Phase III contracts are reserved for technologies ready to transition from R&D into scaled production for U.S. Government use
-Strategic initial projects: Initial task orders will focus on manufacturing high-performance titanium fasteners for U.S. DoD agencies
IPX super value is in the IP.
OUT OF ASIA South Korea just went socialist. Japan is a debt hell. That leaves Taiwan and Philippines. Dead end!
I’m afraid Americans just don’t get it. Canada is history if the US is involved.
Mexico is expected to provide its answer in a week or so, but I believe Mexico needs the US as a partner. Canada doesn’t and won’t. Every day, while Trump lies about all his trade deals, Canada is signing trade and military deals with the world. Canada will soon be fully aligned with the UK and the European Union.
It won’t be fun to watch Trump blow up the US, but we are watching it happen, day after day.
Is there any truth to the vote recount where Carney WEF INC lost two seats?
Alberta does not seem too happy either.
kaimu
June 4, 2025 1:24 pm
#46971
Aloha! IPERIONX(IPX:ASX)EXPANSION FUNDING THROUGH HALIFAX COUNTY IDA
One of the barriers to succeed in business is access to funding. Now the county IperionX operates in is stepping in to be a conduit to a bond issue to fund $150m to $400m in expansion costs.
I am more excited about the IPX IP as it applies to the Trump push to develop steel and aluminum in the USA. The HAMR and HSPT process is shown to be more economical and scalability is at an industrial level.
KAIMU has a large holding in IPX on the ASX and Nasdaq.
The last MRE was announced Jan 7 2024 over a year ago. The last assay report last month only covered drilling for 2024, none for 2025 yet. That would be 6,000m of drilling yet to report. Add in the MRE with indicated numbers instead of inferred the share price will rise. The Jan 2024 MRE showed 200mt inferred none measured and indicated. The drilling has gone from 200m spacing to 100m. That would offer more measured and indicated numbers.
MRE 01/02/24 SHARE PRICE WENT FROM $11.52 to 20.14A a 76% one month increase.
KAIMU has been accumulating shares under $15A. Mostly at $11 and $12 handles.
JAN 7, 2024 WA1 MRE WEST ARUNTA PROJECT MINERAL RESOURCE ESTIMATE FOR LUNI
Highlights Luni is the most significant niobium discovery in more than 70 years and is one of the world’s major critical minerals deposits Inferred Mineral Resource estimate (MRE) contains world-class grade and scale: 200 Mt at 1.0% Nb2O5 The MRE contains a significant high-grade subset of: 53 Mt at 2.1% Nb2O5 MRE is constrained to shallow, weathered mineralisation, starting from 30m below surface and extending to a maximum depth of 190m, with mineralisation open at depth Deposit characteristics and recent metallurgical testwork indicates Luni may be amenable to low-cost open pit mining and conventional processing The MRE is based on drilling completed up to the end of 2023 with ongoing resource activities this year aiming to better define high-grade parts and increase resource confidence in select areas
WA1 RESOURCES is only listed on the ASX under the code WA1.
Kaimu, how do I fix my income tax problem>> I was divorced, after many years I now have to file Single with no dependents. In 2024 I paid out 2700 a month in Alimony and Child Support (Alimony is no longer tax deductible). I’m retired now so no more W-2 tax is deducted during the year. I had no idea what my IRS tax bill would be until I sat down with the 1040 and the instructions last March and figured it. Came to 6800, of which I had 7% of my Social Security check deducted but that only came to about 1200 of what was owed. The rest, I pulled 4800 out of a retirement account and 800 from savings.
To add insult to injury, the IRS just send me a penalty for not withholding enough taxes during the year! I can’t. I can’t afford to surrender more of what’s left of my monthly income.
They are killing the poor, the elderly and the middle class in this country.
goldbug58 Seems like your tax situation is easy enough since you have a lot of fixed income like maybe ss and pension and whatever 401k etc. You can track trades and send in estimated tax based on profit. We are lucky they aren’t taxing losses yet.
I believe if you pay in $6800 or more for 2025 the IRS cannot penalize you. Check with H&R Block or get a Turbo Tax or Quickbooks app. I use Quickbooks PRO. They have an online course if you really want to get into taxes.
What are they charging on late file and failure to pay and interest rate now? Last I recall the interest rate they charge is 23%. Yet another BS. Between the IRS and VISA they’re all loan sharks! Trump and the Congress needs to cut it all down to 8%. That’s the magic number the insurance companies tell me they need to make a profit. ROI 8% >
I hate how these political parties during election years say NO NEW TAXES yet they go behind the scenes and cut deductions. Cutting alimony and credit card interest and a myriad of other medical deductions is the same as raising taxes. Then they do an AGI limit on medical and that cuts deductions more which is yet a greater tax increase.
I am guessing you don’t live in a state with income taxes or that would add to your tax burden. Texas Nevada and Florida are states with no income tax.
Totally agree we need tax relief. There is no taxation with representation any more. We need a flat tax 8%. If insurance companies can make a profit off 8% then the government should be able to. Cut the salaries of politicians especially the rich career corrupted ones.
Here in Texas they just passed a lower property tax bill. It should be NO PROPERTY TAX as it unfairly targets those who own property and those who rent are advantaged. Property tax also makes home ownership less affordable. Add in high insurance costs and real estate ownership is being demolished for the under 40s. Then again that’s part of the WEF goal for law abiding citizens to “own nothing and be happy”!
Not easy to fix. They expect 90% of your tax bill to be paid during the course of the year, not when you file in April.
Ok I am toying with this. I can direct Soc Sec to withhold 10% and not 7%. I can move money from taxable bond funds to tax-exempt at a lower interest rate. I can cancel my retirement distribution.
It all adds up to less monthly income in order to pay taxes. Still would not likely get to their 90% target so I expect a penalty again next year.
kaimu
June 1, 2025 6:24 am
#46909
Aloha! CONSUMERS MAKE MORE SAVE MORE AND TEND TO SPEND LESS BEA SAYS CONSUMER EARNINGS UP MOST SINCE 2021
Uncertainty makes consumers save more and spend less.
That tracks with what the PREFLECT AI marketing company execs are telling me. Is it a bad thing?
I know one thing. If energy prices are low then consumers benefit and so does business. To remotely compete with the CCP the US has to bring back more coal and nuclear and nat gas and dump solar and wind. Get rid of the WEF NET ZERO carbon con job.
U.S. consumers earned more income, saved more money, and spent less in April, new U.S. government data show.
According to the Bureau of Economic Analysis, personal income rose by 0.8 percent, or $210.1 billion, to $25.858 trillion in April. This was up from the upwardly adjusted 0.7 percent jump in March.
Last month’s reading represented the largest month-over-month increase since May 2021 and far exceeded the consensus estimate of 0.3 percent. BEA
Way back in 2021 I posted that the DNC Biden regime broke the 77 year long US consumer engine in 2021. See graphic below.
Will the Trump tariffs bring the ROI other countries are buying if US consumers are on a trend of saving more and spending less?
As of May 30, the U.S. is on pace to set a new monthly record in tariff revenue—nearly $23 billion, about three times the amount collected in May 2024. That record-breaking pace contributes to a total of $68.23 billion collected so far in 2025, a 78 percent jump from the same point last year, according to Treasury Department data analyzed by the Penn Wharton Budget Model.
Now just issue every US household a dividend check and 2028 is in the bag for the RNC!
That’s $68.23B divided by 131M = $520 dividend
Cut out more BIG GOVERNMENT spending by getting rid of 50% of government agencies and cutting social security and medicare fraud and abuse. That way productive law abiding citizens win the day not these leftist marxist cronies proliferating DC and blue states and the DNC NGOs. We need to force the WEF into bankruptcy. Their morals are already bankrupt.
kaimu
May 30, 2025 11:05 pm
#46896
Aloha! ONE CARTEL MAKES $8.48MIL USD PER WEEK OFF ONE MEXICO DRUG LAB TRUMP DESIGNATES THIS CARTEL A TERRORIST GROUP
As I have said if the cartels IPOed on the NASDAQ their market cap would rival Pfizer.
How many CCP banks push this through to European and Canadian and US banks? With minimal scrutiny at best.
Mexico does a bad job of fixing their cartel problem which if actions mean anything then Mexico likes the cartels in their country. In fact AMLO preferred to give the cartels “hugs”. He was elected on a platform of “hugs not bullets”. AMLO was a disaster.
Tepalcatepec, Mich., May 28, 2025. The operation was reportedly carried out during surveillance and reconnaissance patrols in high-crime areas, specifically in the vicinity of the town of Catarino Pérez, according to the Ministry of National Defense (Sedena).
During the operation, soldiers detected several individuals aboard a pickup truck who, upon noticing the military presence, abandoned the vehicle and fled into the undergrowth. The vehicle, which had been reported stolen, was transporting two tubs containing approximately 300 kilograms of a granulated substance with characteristics similar to methamphetamine.
After securing the vehicle, the soldiers conducted a search of the area and, a short distance away, located a clandestine complex operating as a drug laboratory. The site was equipped with industrial infrastructure and large quantities of chemical inputs.
At the site, four reactors, four condensers, three metal centrifuges, seven cylindrical containers, 53 drums containing unidentified chemicals, 32 vats, 29 drums containing various substances, six buckets containing unknown white material, 64 sacks containing probable caustic soda, more than 10 gas tanks, and three large-capacity metal pots were seized.
This discovery represents one of the most significant seizures in the region so far this year and comes just hours after the deaths of eight Army and National Guard soldiers when a mine was activated that blew up the armored truck they were traveling in, on the border between Michoacán and Jalisco. The crime is attributed to the terrorist organization (designated as such by the United States) Carteles Unidos.
Last edited 5 days ago by kaimu
kaimu
May 30, 2025 11:50 am
#46881
Aloha! IB NOW TAKES BETS ON PREDICTIONS
Like whether the little silver ball will roll into a black or red numbered slot!
Its a sign that the economy is showing more desperation. People gamble more when they can’t afford the cost of living. Ask the LOTTO!
Educated guesses without the education.
A similar betting scheme was used to predict Kamala would win in 2024!
I found it hard to believe when I first saw IBKR enabling betting on political winners.
kaimu
May 30, 2025 8:37 am
#46875
Aloha! KEYNESIAN MARXISM OUT OF SIGHT OUT OF MIND ECONOMICS
As Nixon said when he took America off the Gold Standard in 1971 and put us all on the Debt Standard … “We’re all Keynesians now!” Wow, was that ever dumb!
No matter what FDR made radical changes to the US government and how the American society evolved into this current debt laden corrupted Washington DC. I think FDR failed to consider how human nature works. The old teach a man to fish adage comes to mind. If you bother to research you find a lot of untold truths nobody cares to know now.
TRUTH #1 It was not LBJ and Martin Luther King doing any empathy laden civil rights. The very first CIVIL RIGHTS ACT was passed through a Republican Congress and signed into law by Ulysses Grant(R) in 1875 while the DNC were still wearing white hoods and burning crosses.
TRUTH #2 The first recipient of a FDR social security check was Ida May Fuller in 1940. She got paid $22.54. Prior she paid into social security $24.75 over her lifetime. She lived to be 100 and died in 1975. Her total pay out from social security was $22,882. That’s a 92,000% profit.
TRUTH #3 The phrase “it takes a village” was used by Hillary Clinton and she wrote a book about it. Her newest book based on the last four years of DNC open border policy is IT TAKES A VILLAGE AND ILLEGAL ALIENS TO RAPE AND KILL THE VILLAGE AND DESTROY THE US ECONOMIC FUTURE.
TRUTH #4 Illegals getting jobs are forced to by the cartels. Many crossed owing the cartel for their “escort service”. They end up in a blue DNC sanctuary ghetto city so they can evade laws. Every street vendor you see selling food and Home Depot goods in NYC and Chicago and LA are workers for the cartel. The rule is pay the cartel what you owe or the cartel kills your relatives and friends in Mexico.
TRUTH #5 The cartels keep US and Canadian banks alive. Who else will launder their ill gotten profits from fentanyl genocide, murder, rape, child slavery and sex slavery? Don’t discount how much money these banks hold for cartels and mafia oligarchs.
What many people who do not live in Texas, a border state, fail to understand is the direct economic impact of the DNC open border policy that let in 12mil illegals. It keeps on paying blood dividends for those who are aligned with the DNC. If you do not see these illegals crimes its all out of sight and out of mind. We are sick of it all here.
Keynes was the economic philosophy of MORE BIG GOVERNMENT DEBT and open borders is the marxism of economic and societal destruction needed for a communist dictatorship takeover. Something the DNC lovingly refers to as Democratic Socialism. None of which has ever worked to the benefit of honest, law abiding citizens who work hard and pay taxes. To the DNC those types of law abiding people are easy marks to con.
The illegal alien who allegedly killed a teen at Grapevine Lake was previously arrested and released during former President Joe Biden’s administration, as reported by The Dallas Express. However, other local news outlets have largely overlooked this fact.
After police arrested two suspects who allegedly fled after 18-year-old Ava Moore was killed on Grapevine Lake over Memorial Day weekend, officials announced they were illegal aliens who had been arrested – and released – under Biden’s administration, as The Dallas Express reported at the time.
The alleged killer, 21-year-old Daikerlyn Alejandra Gonzalez – and the man who helped her escape, 21-year-old Maikel Coello Perozo – were illegal aliens from Venezuela.
After Gonzalez allegedly killed Moore with a jet ski on May 25, Gonzalez and Perozo fled the scene. The Grapevine Police Department and Texas Game Wardens launched a multi-day manhunt and ultimately captured Gonzalez and Perozo on May 27.
Attorney General Ken Paxton announced that day that Gonzalez and Perozo were illegal aliens “who never should have been in our country in the first place.” On May 28, officials held a press conference and said the suspects were previously arrested and released when they illegally crossed the border under Biden’s administration. The Dallas Express reported both stories soon after they broke. -Dallas Express May 30, 2025
How much did it cost to raise the law abiding young woman these DNC illegal aliens killed? It cost the “village” a lot because we lost a valuable member of society.
Last edited 6 days ago by kaimu
kaimu
May 29, 2025 8:03 am
#46856
Aloha! HAWAII DNC GOVERNOR SIGNS CARBON TAX ON HOTELS TOURISM DOES NOT NEED MORE TAXES
When people read this they think of the big hotels like Hilton and Hyatt, but this also includes tiny short term rentals like AirBnB. This effects HALE KAIMU which is our very successful AirBnB on the Big Island. We pay roughly 19% in transient tax and added property tax. We are lucky we are not a condo in Waikiki as it would be worse. They do not tax ag like they tax condos. A stay at HALE KAIMU is on five lush secluded jungle acres with two houses surrounded by an orchid and exotic fruit farm one mile from a black sand beach.
This new tax the first of its kind in the US punishes tourists for the Hawaii DNC mismanagement of Maui Fires. The DNC thinks $100mil will solve climate change in Hawaii and pay for their failure in Maui. That is why this new tax will go up and up. What “new tax” stays the same as it was when it was first issued? ZERO! The US income tax started at 2% in 1913. Now look!
HONOLULU — Hawaii’s governor signed legislation Tuesday that boosts a tax imposed on hotel room and vacation rental stays in order to raise money to address eroding shorelines, wildfires and other consequences of climate change.
The signing, which comes nearly two years after a Maui wildfire killed 102 people and wiped out almost all of Lahaina town, marks the nation’s first such levy to help cope with a warming planet.
Officials estimate the tax will generate nearly $100 million annually. The money will be used for projects like replenishing sand on eroding Waikiki beaches, promoting the use of hurricane clips to secure roofs during powerful storms and clearing flammable invasive grasses like those that fueled Lahaina’s wildfire.
kaimu
May 28, 2025 10:51 pm
#46852
Aloha! MILTON SAID USE SPOONS
In 1980 when Milton Friedman, world class economist, visited China he was taken to a construction site for a dam project. The CCP minister of labor then bragged about how the CCP employed 20,000 Chinese to move earth for the dam using shovels. Milton advised the CCP official to instead use tractors since it would be faster. The CCP official calmly said the objective was to employ as many as possible. Then Milton said, “In that case you can employ 100,000 if you give them spoons instead of shovels!”
The US Court of International Trade is like the CCP. Three judges elected by nobody are like spoons.
If the Judiciary voids the Executive and Legislative bodies then why have elections? Lets all learn Mandarin and be a mafia. The DNC operates like a mafia. Trump had two assassination attempts, one almost succeeded, before the Nov 5 election. A lax and sloppy DNC owned FBI and CIA and Secret Service were “on the job”. Zero assassins gunning for Biden or Harris in four years. What does that tell you?
Trump was overwhelmingly voted into office on his RNC platform which was basically the opposite of the DNC. Both the Electoral College and Popular vote were in favor of Trump by large margins. Why is it from 2020 to 2024 the DNC and Biden were allowed to destroy America with little to no judicial objection, but in the last five months the RNC and Trump are not allowed to even make an attempt to fix what the DNC corrupted and destroyed?
Now with the latest CNN books on the Biden cognitivity we find out the DNC presidential office was run by unelected marxist bureaucrats for four years. Auto pens, a fake oval office set, non-stop video editing, tele prompters, 25/8 media cover blitz and God knows how much medication was our last US president who barely spoke and walked.
In case many here have forgotten the goal to save America was written long ago by a politician who tried to save Rome. Nothing new is it?
“The budget should be balanced, the treasury refilled, public debt reduced, the arrogance of officialdom tempered and controlled and the assistance to foreign lands curtailed lest Rome become bankrupt.” -Marcus Tullius Cicero 65BC
What’s new is the outrage from the DNC to save America. To end the abusive grift of taxpayer funds. Right or wrong Trump’s in office now, not Judge Judy. Based on what I saw happen from 2020 to 2024 nobody can say Trump is not making more of an effort than the DNC and Biden regime who made conscious decisions to open the border and raise energy costs and make wars on Jan 21, 2020. All very highly inflationary and destructive.
Last edited 7 days ago by kaimu
kaimu
May 28, 2025 8:37 pm
#46847
Aloha! PTR(ASX) AND MEU(ASX) HEAD ON
Combining the two HMS very shallow assays of PTR and MEU makes these two a whopping 14km strike. That is what I like about explorers like WA1(ASX) who hit shallow high grade assays.
Two different companies with same day assay news with properties that border each other. Both drilling in line towards each other following the same trend. Its like they are both working as a team and know each other’s management! Huh????
Here look … MEU HM Hole 25MKAC068 37m @ 45 % HM from 2m including 5m @ 56 % HM Hole 25MKAC018 34m @ 19 % HM from 4m including 1m @ 50 % HM Hole 25MKAC069 30m @ 20 % HM from 0m including 2m @ 43 % HM Hole 25MKAC021 19m @ 22 % HM from 13m including 3m @ 40 % HM Hole 25MKAC020 20m @ 22 % HM from 19m including 4m @ 38 % HM Hole 25MKAC048 30m @ 22 % HM from 6m including 1m @ 34 %
Now look at PTR HOLE25RW002 – 26m @ 17.2% HM from 7m, incl. 6m @ 36.4% HM from 27m HOLE25RW003 – 32m @ 11.1% HM from 10m, incl. 3m @ 22.7% HM from 11m HOLE25RW004 – 15m @ 11.5% HM from 6m, incl. 5m @ 20.9% HM from 7m
In case someone does not know HMS stands for Heavy Mineral Sands and HM is Heavy Minerals. Rudimental explanation.
All important for Defense, AI and all things tech.
Mineral sand deposits contain a concentrated amount of economically important minerals known as ‘heavy minerals’, which are much heavier than common sand minerals such as quartz. These heavy minerals contain high concentrations of the critical minerals titanium and zirconium with associated rare-earth elements (REE). The critical minerals are hosted within the following minerals:
zircon
rutile
leucoxene
ilmenite
monazite
xenotime
Zircon is rich in the element zirconium. Rutile, leucoxene and ilmenite contain titanium and monazite and xenotime contain rare-earth elements. Rare-earth elements, in particular neodymium, praseodymium, dysprosium and terbium, are contained within minerals such as monazite and xenotime. Other minerals such as magnetite and garnet may also be present in mineral sands.
Look to the KAIMU investment in IPerionX(IPX:ASX) based in the USA.
kaimu
May 26, 2025 2:31 pm
#46799
Aloha! I ASKED BUSH TO STOP MY SOCIAL SECURITY BENEFITS IN 2006
I sent a letter then. I never got a reply back.
One of my Hawaii econ pals wrote this …
There are so many taboo topics today. You cannot make anyone aware of the slavery component in products like an Apple iPhone. Any talk of slavery is bad. Any talk of genocide in DNC cities is bad. We all think we are so damn empathetic. Its the opposite!
Boomers, Let’s Face It: The Math Doesn’t Work
Charles Hugh Smith
May 20, 2025 There are many consequential things we can’t discuss factually because the topic upsets everyone. And since getting upset shuts down any direct discussion of difficult issues, these issues metastasize into problems that end up sinking the ship. The Titanic has already struck the iceberg and is doomed, but since this upsets the passengers, we dance around the facts rather than take immediate action. Everything about the situation is upsetting, and so emotions dominate the zeitgeist: resentments, blame-game, accusations, the whole self-reinforcing dynamic leads to people shouting at others as they drown. The last word, indeed.
Federal deficit spending and the overweighting of entitlement spending on retirees is too upsetting to discuss factually, so we don’t. But the math doesn’t work, and so the ship will sink. This was obvious 20 years ago, when I posted this: Boomers, Prepare to Fall on Your Swords (June 2005), in which I suggested that well-off Boomers address the problem by gracefully making the necessary sacrifices rather than heap them on the younger generations.
It was even more obvious by 2013, when I posted this: Generation X: An Inconvenient Era (May 23, 2013), in which correspondent Eric A. explains how the math doesn’t work.
Let’s start with some necessary stipulations. When I suggest well-off Boomers accept the need to make sacrifices to save the ship from sinking, I suggest this as someone in this cohort.
I am a Boomer, drawing my Social Security benefit, which like my lifetime income, is close to the national median SSA benefit. I’m solidly in the middle of the pack. Being over the age of 65, I also have Medicare benefits. Like many others of my generation, I’ve lived frugally, saved money, worked hard, etc. Since I’m still working, I pay Social Security and Medicare taxes–15.3% of all earned income as I am self-employed. Unlike others in my generation, I attribute only a modest percentage of my net worth to frugality and working hard, as the majority of whatever “wealth” I own is the direct result of the hyper-financialization credit-asset bubble that’s been inflated since 2007.
Those who were able to buy assets such as houses and stocks decades ago saw their net worth rise to extraordinary heights in the bubble. Those who didn’t or couldn’t buy assets before the bubble did not see their net worth rise to extraordinary heights.
Let’s go over how we got here. The current federal tax system and retiree benefits evolved in the 1930s to the mid-1960s. In the 1930s, retirement meant poverty for many workers who were unable to save a nestegg large enough to fund their no-earnings years. Social Security was enacted as a way of using the SSA (Social Security Administration) taxes (FICA to employers) paid by current workers (1% of wages in those days) to fund a modest retirement income for retirees.
Social Security was always a pay as you go system. Whatever SSA tax revenues that weren’t distributed piled up in a Trust Fund. This Trust Fund was eliminated in the mid-1960s, and excess SSA taxes went into the federal general fund. The current Trust Fund is a useful fiction. When SSA runs a deficit, the Treasury funds the deficit by selling Treasury bonds, just as it does with all other deficit spending. Political realities demanded that the program be universal to attract widespread support. So millionaires collect Social Security and Medicare benefits, too. As SSA’s financial foundations erode, a modest reform was enacted: above a modest income, 50% of SSA benefits are taxed as regular income.
Back when the program was enacted, there were around 10 workers for every retiree. The demographics and economy were different then. The economy was mostly domestic, and the bubble of the 1920s had popped. Financialization and globalization were at low ebb. Everyone assumed there would always be 10 workers for every retiree.
But people started living longer, the disabled were added to Social Security, and Medicare ballooned from a modest program to an open-ended spending juggernaut. In other words, the economy changed, demographics changed, but the system has not been changed to reflect these realities. SSA and Medicare taxes have increased dramatically, but these programs are still funded by payroll taxes paid by employees and employers.
Capital (assets, income from capital gains, speculation and investments) only pays a thin slice of Medicare via the Net Investment Income Tax (NIIT) on capital gains incomes above $200,000 for single taxpayers and above $250,000 for couples filing jointly.
What we’re actually discussing isn’t just generational; it’s 1) the open-ended nature of the SSA, Medicare and Medicaid programs, 2) the impossibility of relying on two workers to pay all the benefits for each retiree as the number of retirees and beneficiaries exceeds 69 million people while the full-time workforce is 135 million, and 3) the extraordinary wealth divide in the U.S. where the majority of the wealth is held by the top few percent and the retiree generation (Boomers) for the reasons stated above.
The solutions are as obvious as plugging a hole in the ship’s hull. 1) The tax burden has to be shifted from labor to capital via financial transaction taxes and ending the multi-trillion dollar exclusions on capital gains. 2) Social Security and Medicare benefits must be means tested; those collecting $10,000 a month in other pensions and investment income don’t need Social Security benefits, which should be reserved for those with no other substantive source of steady income in their retirement years. 3) The open-ended entitlement programs must be limited in some fashion, and there is no way to do this that will not upset everyone. Hard choices–triage–must be made, as doing nothing is choosing to let the ship sink.
Last edited 9 days ago by kaimu
kaimu
May 26, 2025 9:42 am
#46791
Aloha! HONOR TO THOSE WHO SERVED THIS MEMORIAL DAY
Not to forget the bravery during this day of BBQ and beer!
At one time the US was bombing Japan and Germany. Now its tariffs.
GOD BLESS THOSE WHO DIED AND SERVED IN THE NAME OF FREEDOM
kaimu
May 26, 2025 9:37 am
#46790
Aloha! GOOD WEEK FOR KAIMU ASX HOLDINGS
WA1 +9.6% IPX +7.1%
Biggest holdings next to Augusta Gold(G:TSE AUGG). Only Vaultchain and XOM and CVX exceed WA1 and IPX as a percent $$ holding.
kaimu
May 25, 2025 11:05 am
#46785
Aloha! MODERN SLAVERY IS REAL
“Who will pick our fruit if we let Trump deport undocumented workers?” – AOC 2025 “Who will pick our cotton if we abolish Democrat state black slaves?” – Robert E Lee 1860
Its all exploiting cheap labor. What’s the difference with the DNC since 1860?
There are more slaves globally in 2025 than there were in 1860.
kaimu
May 24, 2025 8:24 am
#46773
Aloha! ESG ANTI-TRUST FINALLY HAS FINK IN THE DOJ FTC CROSSHAIRS PENSION HOLDERS NEED THE RIGHT TO VOTE NOT LARRY
I have railed about this for years as has Bill and it finally may get some major traction. I am so sick and tired of the word “stakeholder”, the term the WEF uses instead of “shareholder”. The term stakeholder is marxist as if the state and all US residents took the same risk as shareholders and founders to create Chevron and Exxon and Google and Dell.
When I put up multiple six figure capital along with Mark Cuban to fund the PREFLECT AI MARKETING start up I never saw Biden or Pelosi or Trump or anyone on this blog helping Mark and I. Nobody other than the two founders and Mark and I put up any capital. We all took the risk alone four years ago and now we literally get paid dividends quarterly. Where was Larry Fink? Was Larry calling the founders with funding and tech support like Mark and I did? Did Larry call the META COO to complain of their overreach? Then why does Larry Fink or any of the WEF cartel have any say? Why should PREFLECT comply with the WEF ESG or DEI?
THE BIGGEST MONOPOLY IN US HISTORY IS THE US FED
Top three facing FTC and DOJ investigations.
BLACKROCK VANGUARD STATE STREET
All members of the WEF and all Davos Devotees pushing for monopolistic agendas to break the West’s free market capitalism. This must be a top priority. The fraud of ESG and DEI has to end. Any one US company who has any one single CCP input directly or indirectly has no right to claim they meet ESG or DEI fake rules. All of the BRICS engage in some form of slavery, child forced labor, extreme toxic EPA violations add in zero OSHA compliance and zero EOE compliance. The BRICS are mostly dominated by mafia dictatorships who have been breaking international law and starting wars for decades now. That is why the WEF concept of ESG and DEI is absolute fraud.
Its highly laughable that the CCP brought anti-trust lawsuits against Google three months ago. Its way past time to do anti-trust and maybe even RICO against BlackRock, Vanguard and State Street for their abuse of pensioners via ESG and DEI fraud.
A number of US states have brought lawsuits against Larry and his WEF crew also. Texas is one of the leaders in attacking ESG and DEI. I have to exclude Mark Cuban as DEI seems to be his blind spot. Oddly it is hypocritical that he is not using DEI for his Mavericks basketball team which is 80% black. Where is DEI in pro sports? I would love to see DEI for football where women and gays and trans are all on ESPN on the field and in the locker room. Reimagine that! It would be the end of pro sports as we know it. ESPN would file bankruptcy in a week. We all know it.
Just like the DNC Biden vaccine mandate in 2021 that did not apply to 12mil illegal aliens crossing the DNC open border there is this DNC exemption for DEI in pro sports. There is this DNC ESG exemption for the CCP. This is why ESG and DEI is a fraud. If you buy Apple products then you buy the “G” in ESG … Genocide. You buy the “S” in ESG … Slavery. You also buy the “E” in ESG … Extinction. The CCP is a lawless mafia.
The CCP ESG is … E-EXTINCTION S-SLAVERY G-GENOCIDE
Extinction of the environment and mass slavery of Chinese people and the genocide of Chinese citizens like the Uyghurs and any other Muslim sects. You also buy global warfare.
ESG AND DEI ARE MARXIST TACTICS
END ESG AND DEI FOREVER
Last edited 12 days ago by kaimu
kaimu
May 21, 2025 10:29 pm
#46751
Aloha! GASOLINE IN TEXAS IS $1.99USD
Trump 1.0 I saw reg gas as low as $1.75. Now driving today I saw on hwy 1097 the price of $1.99. If where you live gas is $4 or $5 or $6, then you must be living in a DNC owned state. There is no reason whatsoever that gasoline in California should not be $1.99 other than everyone voted (D)! California has oil reserves and refineries like Texas does. Only problem California has is the DNC.
I’m with you that the WEF Carbon Tax is a costly con, which has caused unnecessary inflation. Here are the AAA-reported (May 15) Average Cost of gasoline by State:
DNC-controlled States $3.51
GOP-controlled States: $3.00
Divided control: $3.24.
The detail is attached.
To be fair, the GOP controls most of the States in the south, and those States should have the lowest prices due to proximity to Gulf Coast refineries.
Bill, yes, add in now California DNC Newsom is shutting down two of their refineries due to regulations so strict they can no longer afford to operate. That happens in 2026. We all know what less supply does in markets where demand stays the same or rises. Maybe Californians will finally see $8 to $10 gasoline. None of that is good for the California economy and hits the poor the most because they still need to commute to work for $15/hr jobs. That will cause huge hardships for businesses also. Huge increases in “last mile” inputs.
One of the refineries shutting down is Valero in the Bay Area where I used to live. We did some projects there in the 1990s and I saw aerial photos from 1923 showing why they placed the refinery there. It was supposed to be out of town far away from any SF residential. Yet as houses cost more and more over the decades the SF residential area spread out further and now that refinery is surrounded by residential homes. Now it takes driving 2hrs every day to commute to work for many who live out in that area. How can employers afford employees who can’t afford to commute to work?
It would be real easy for the DNC to just end their carbon tax and then end their complicated Sierra Club refining formulas. As you know I have business in California and I can say the smog is still there. Hawaii is one of the top 5 states for good air quality and we have an active volcano spewing out toxins every day. Way worse than any one refinery. Hawaii copies California as dumb as that sounds. Problem is Hawaii has no oil reserves. California does. I just had my farm manager from Hawaii here and he said gasoline in Hawaii is at $5. Hawaii could end its carbon tax also. The sad reality is that the DNC in Hawaii has made Hawaii so expensive that more Hawaiians live outside Hawaii than live in Hawaii. Hawaiians can’t afford Hawaii. Yet the voters send Mazie and Brian to Congress every year like robots. Hawaii gets worse and worse. One party states like the DNC California and Hawaii are corrupted beyond repair.
The only thing that saves us is in Hawaii is we are zoned ag, agriculture. We pay 70% less property tax for five acre farm than a condo owner in Honolulu. We also grow our own food. We grow our own product. MADE IN USA. We don’t need to commute every day.
The only way any of that changes is if the voters in California and Hawaii do the opposite of what they have done for decades. Stockholm Syndrome is the only explanation why someone votes for more misery from their captors.
Last edited 14 days ago by kaimu
kaimu
May 19, 2025 8:41 am
#46711
Aloha! THE WEF BOMBS PALM SPRINGS CALIFORNIA BRINGING GODLESSNESS TO AMERICA
ECONOMICS CANNOT HAPPEN IN REVOLUTION
Who is it that is fomenting radical domestic terrorism we see on display in colleges and now in Palm Springs? Who gains most from this sort of terror?
I have spent a lot of time in Palm Springs back in the day. My cousins owned a hotel there we stayed at when they were in town. One of them Tony Curtis stayed when he got tired of Hollywood. Sometimes the weather in LA could be real bad and you’d drive an hour or so and you get to nice sunny skies in Palm Springs.
RESETTING HELL Pushing the “anti-life drug” onto the youth through academia is a globalist anti-population policy. Part of Klaus and his billionaire cartel GREAT RESET. This is pure Fabian Society tactics that actually manifested itself in bombing a fertility clinic in Palm Springs. A radical ideology handed down through years of public education and colleges. This has been the Fabian goal since 1884.
This is the further destruction of California by radical DNC policy. Where would the DNC get such policies of open borders and anti-population and anti-West and America Last? Similar to the EU death diatribe coming out of Davos and Brussels seems like a possible source.
The suspect, identified as 25-year-old Guy Edward Bartkus, a resident of Twentynine Palms, was killed in the blast. According to law enforcement sources, Bartkus was a Democrat and an anti-natalist, a philosophical ideology that believes it is morally wrong to have children due to the inherent suffering in the world.
His alleged manifesto, posted online before the bombing, revealed his opposition to increasing the population and his disdain for reproductive technologies like IVF, which he described as “extremely wrong.” This ideology, combined with his political affiliation, has raised questions about the motivations behind the attack and the broader implications for political discourse in the United States.
You know our daughter Stefanie. She vacations in Palm Springs in March every year. She attends the tennis championship, BNP Paribas Open | Indian Wells, enjoys playing tennis there, and hikes long distances on the canyon trails. Every year, she sends photos and says we ought to vacation there.
kaimu
May 16, 2025 1:35 pm
#46687
Aloha! WE’RE ALL SO SICK OF THE NON-STOP TAXATION
Federal income tax is one thing but then we get nickel and dimed to death with small taxes and taxes on our own property.
I got a Live!y phone bill for a flip phone today. For one month service.
TOTAL $27.21 GOVERNMENT MANDATED CHARGES $2.59 REGULATORY FEE AND SURCHARGES $6.63
Total taxes/total cost = 34% TAXES
Now add hundred of other small taxes on everything from gasoline to phones to hotels to restaurants and taxation is out of control.
Why bother trying to make money in the markets. Capital Gains taxes. Interest income. The govt takes zero risk yet sticks its hand out for a share of the profits. It’s no different than the Soprano’s and their Mafia extortion schemes.
Amen! Can you wrap your head around the Kamala idea of taxing unrealized profits?
This apart, Harris also supports an annual 25% minimum tax on the unrealized gains of individuals with income and assets that exceed $100 million.
Harris Faces Backlash: Fund Strat Head Of Research Tom Lee, one of the bullish strategists on Street, said, “This is a very unstable tax policy.” “Would be opposite of creating incentives to be long-term oriented,” he said. Benzinga August 2024
If Kamala would have won in 2024 how would that DNC tax policy apply to the Calper’s Pension Fund at BlackRock? That is over $100mil. Then when does $100mil get progressive? Next is 2% annual unrealized gain tax on those with $1mil assets. Then 1% tax on those with $200,000 in assets. Thats how income tax got “progressive”. Progressively abusive.
NO TAX IS EVER REPEALED!
kaimu
May 16, 2025 10:10 am
#46686
Aloha! VOLCANIC ACTIVITY HEIGHTENED GLOBALLY
Living on THE BIG ISLAND for 25 years in Hawaii you get very familiar with volcanic activity. Magma like the oceans has both internal and external effects. I believe one would be pole movement as the Earth’s axis changes. Another being solar effects.
Lately there is renewed activity in Italy and the EU area as well as South America and Central America and Asia. Add Kilauea in Hawaii. Yellowstone?
BEWARE THE RING OF FIRE
Earthquakes are on the rise as well which are related to volcanic activity. Swarms start before an eruption. That has always been the case at Kilauea in Hawaii. Then inflation and then lava flows. Rinse and repeat!
kaimu
May 16, 2025 7:55 am
#46683
Aloha! WA1(ASX) HITS MAJOR NB AND TREO ASSAYS WA1 +7.4% OVER 60,000M DRILLED
TREO is Total Rare Earth Oxides which is a combo of 16 rare earth elements. Many needed for AI and defense projects. These assays outstrip the only major Nb projects in Brazil. Might I add “marxist” Brazil.
Niobium(Nb) intervals and grades are off the charts making this WA1 deposit a true once in a lifetime discovery. Prior assays showed the same high grade assays near surface so these assays extend those assays at depth, which seems to improve. There will be a major mine at the West Arunta and Luni deposit.
Look at these numbers … LUDD-0119 from 78.8m: 30.6m at 2.6% Nb2O5 LUDD-0121 from 50.0m: 36.4m at 4.9% Nb2O5 LUDD-0122 from 52.7m: 14.3m at 4.3% Nb2O5 LUDD-0123 from 41.0m: 79.6m at 2.1% Nb2O5 (to EOH) LUDD-0124 from 60.3m: 60.0m at 3.2% Nb2O5 (to EOH) including: 11.3m at 12.7% Nb2O5 LUDD-0125 from 58.0m: 26.8m at 4.9% Nb2O5 LUDD-0126 from 43.0m: 41.7m at 2.3% Nb2O5 LURC-0034 from 54m: 29m at 4.0% Nb2O5 LURC-0035 from 77m: 39m at 3.2% Nb2O5 LURC-0036 from 50m: 46m at 3.1% Nb2O5 LURC-0037 from 47m: 31m at 4.6% Nb2O5 LURC-0038 from 40m: 15m at 3.6% Nb2O5 LURC-0044 from 53m: 119m at 1.1% Nb2O5 (to EOH) including from 67m: 28m at 2.3% Nb2O5 LURC-0071 from 45m: 26m at 2.8% Nb2O5 LURC-0073 from 40m: 82m at 1.4% Nb2O5 LURC-0075 from 55m: 61m at 2.2% Nb2O5 including from 56m: 26m at 3.3% Nb2O5 LUSD-0022 from 86.0m: 60.0m at 2.4% Nb2O5 (to EOH) including from 87.0m: 15.0m at 4.2% Nb2O5 LUSD-0028 from 26.0m: 87.0m at 1.2% Nb2O5 (to EOH) including from 67.0m: 10.0m at 3.1% Nb2O5 LUAC-0005 from 56m: 23m at 2.9% Nb2O5
The above represents the last of the 2024 drilling phase that covered over 60,000m. None of the 13,000m of 2025 drilling has yet to be assayed.
From the CEO These resource definition drillholes further support the continuity of shallow, high-grade niobium mineralisation across these areas and provide increased definition of the geometry, thickness and grade. Further high-grade TREO1 mineralisation was intersected in LUDD0124 (11.3m at 3.95% TREO from 60.3m, 25% NdPr:TREO), located in the western zone of Luni. To date, drilling has delivered a number of significant rare earth element intersections, including 7m at 10% TREO from 58m (16% NdPr:TREO) in the southeast of Luni (refer to ASX announcement dated 26 April 2024). Further work is required to better understand the potential for rare earth element mineralisation to deliver meaningful value to WA1’s development ambitions. The orientation of enriched, oxide mineralisation (true width) intersected to date is generally subhorizontal and coincident with the transition between intensely and moderately weathered carbonatite. Drilling to date has focused on outlining mineralisation in the weathered zone.
KAIMU portfolio owns WA1 large holding. We first announced our WA1 buy-in here on Bill Cara at $0.57A.
WA1 is only listed on the ASX.
Do your own due diligence.
$0.02
Last edited 20 days ago by kaimu
kaimu
May 15, 2025 2:23 pm
#46675
Aloha! KAIMU CONTINUES TO BUY PM DIPS
Paying down the US Debt. Good idea, but the interest is killing us. Whether its DOGE or cutting costs or Trump signing Saudi deals the interest on the US Debt is still a gun to every American’s head. CPI may go down to 2.6% and the US Fed can lower rates to 3.5%, but the interest on the debt is still economic suicide for America. That’s why I stay in PMs. Its money insurance. You pay State Farm for home insurance I pay Kitco for PM money insurance. I buy Augusta Gold and Chevron for similar reasons. Gold does not pay dividends but Chevron has a long record of secure dividend payouts.
KAIMU adding to more Kitco platinum and palladium holdings, but still Gold and Silver at Vaultchain Kitco is our larger holding. Been buying the following recent dips.
KAIMU BUYS
PM GOLD SILVER PLATINUM PALLADIUM AUGUSTA GOLD(G:TSE)
KAIMU is boring. It seems in these trying times that dividend payouts in beaten down oil & gas and PM sector stalwarts is a good long term strategy.
Aside from private investments unlisted on any markets liquidity is more key.
KAIMU applauds the Trump foreign policy in the Middle East. Neocon policy is nothing more than blood in the street diplomacy. Nation building is a joke policy that should go the way of the historical dumpster. Pretty soon only Iran will be outside the Abraham Accords. I doubt the people of Iran can stand the “ayatollah mafia” much longer. What must Iranians think when they see Syrians prosper more? Time is not on the ayatollahs side. Its the same for the CCP.
Do your own due diligence. $0.02
kaimu
May 14, 2025 9:40 am
#46658
Aloha! NEW US CCP TRADE DEAL
Notice I did not use the word :China”. The CCP owns every square meter of China.
The news outlets have the wrong tariffs. All day I hear 30% the US has and in reality its 20% more because of the Section 301 from 2019. The 30% is made up of 20% fentanyl punitive fee and 10% from the global reciprocal tariff. That adds up to be 50% not 30%.
I find it amazing that the CCP admits the genocide of US citizens using fentanyl and pays the 20% punitive tariff. That alone is evidence to remove the CCP from the WTO and WHO and UN. Add in the CCP covid genocide from their Wuhan lab. Where and when do these CCP atrocities against the world end?
When do we get a tariff against the CCP Project 141?
Aloha!
TO GET ELECTED IN CALIFORNIA YOU HAVE TO BE A (D)
FAILING IS WINNING AND DOWN IS UP
One example of many is this LA CD11 politician Traci Park. She was an (R) years ago but decided she better turn into a (D) if she ever wants to get elected again.
She is a (D) now even as she admits everything her party has done in California the past 20 years has been a total failure.
This is the Open Society at work, the Soros NGOs get rich off homelessness and crime and and illegal aliens and solar panels and EVs while California residents go broke. The WEF forces politicians to go marxist.
ITS THE MONEY STUPID
Listen
LINK: https://www.youtube.com/watch?v=TCImwj0SKg0
As a person who holds a lot of assets I can’t afford to live in California. I can’t afford to live in a MAX TAX state. Just on the one tax issue of inheritance I cannot be in California. If California had the same government as Texas I would move back to California in a week. I think there are some 20mil like me who live in Texas and Florida who would do the same. We all hate WOKE and WEF and everything Sacramento now represents. I made most of my fortune in Silicon Valley in the 1990s, but I cannot live under marxist policies. California in the 1990s was vastly more affordable and vastly less woke.
Aloha!
BIG MOVES FOR PLATINUM PALLADIUM PLAT +$37 PAL +$30
PLAT +3.27% PAL +2.85%
A few weeks ago I posted about buying more Platinum and Palladium on Kitco.
PLAT
Platinum is in tight supply with a global production cut of 4%. Once again the corrupt marxist black government of South Africa is killing off white farmers and the mining industry. Without ag and mining South Africa is virtually worthless, but these corrupt energy policies of ESKOM and the cronies have driven out any sort of mining future. Without cheap power mining is DOA in South Africa. This is something KAIMU has covered here numerous times as South Africa is yet another component of the hugely marxist corrupt BRICS.
PAL
Once again South Africa and Russia provide close to 80% of global supply and we have South Africa mines going down. Russia also has its own war time issues.
The US and Canada can open up more PGM mining. Add in South America and it’s …
YET ANOTHER REASON FOR NACASA
Aloha!
IPERIONX(ASX) BOOOOOO M M M!!! $99MIL DOD CONTRACT
OPENS +20%
Thank you Trump!
Finally seeing the potential to cut out the CCP. Only a fool would ever let up on CCP tariffs. Xi is out anyway!
IPERIONX AWARDED U.S. DEPARTMENT OF DEFENSE SBIR PHASE III CONTRACT FOR UP TO US$99M
-Low-Cost Domestic Titanium for Defense Applications: Receipt of an SBIR Phase III Indefinite Delivery, Indefinite Quantity (IDIQ) contract to achieve “Low-Cost Domestic Titanium for Defense Applications” in the U.S.
-SBIR phase III contract: Enables IperionX to receive task order funding from U.S. Department of Defense (DoD) agencies up to a total of US$99 million
-Accelerating commercial deployment: SBIR Phase III contracts are reserved for technologies ready to transition from R&D into scaled production for U.S. Government use
-Strategic initial projects: Initial task orders will focus on manufacturing high-performance titanium fasteners for U.S. DoD agencies
IPX super value is in the IP.
OUT OF ASIA
South Korea just went socialist. Japan is a debt hell. That leaves Taiwan and Philippines. Dead end!
END THE CCP
TIME FOR NACSA
I’m afraid Americans just don’t get it. Canada is history if the US is involved.
Mexico is expected to provide its answer in a week or so, but I believe Mexico needs the US as a partner. Canada doesn’t and won’t. Every day, while Trump lies about all his trade deals, Canada is signing trade and military deals with the world. Canada will soon be fully aligned with the UK and the European Union.
It won’t be fun to watch Trump blow up the US, but we are watching it happen, day after day.
Is there any truth to the vote recount where Carney WEF INC lost two seats?
Alberta does not seem too happy either.
Aloha!
IPERIONX(IPX:ASX)EXPANSION FUNDING THROUGH HALIFAX COUNTY IDA
One of the barriers to succeed in business is access to funding. Now the county IperionX operates in is stepping in to be a conduit to a bond issue to fund $150m to $400m in expansion costs.
LINK: https://www.yourgv.com/business/local_business/iperionx-looking-to-grow-with-funding/article_477c3ef3-ba3c-46c5-90c8-311137973d0c.html
I am more excited about the IPX IP as it applies to the Trump push to develop steel and aluminum in the USA. The HAMR and HSPT process is shown to be more economical and scalability is at an industrial level.
KAIMU has a large holding in IPX on the ASX and Nasdaq.
Do your own due diligence.
Aloha!
WA1(ASX) NIOBIUM DEPOSIT AWAITING MRE +4.6%
CURRENT SHARE PRICE $13.42A
The last MRE was announced Jan 7 2024 over a year ago. The last assay report last month only covered drilling for 2024, none for 2025 yet. That would be 6,000m of drilling yet to report. Add in the MRE with indicated numbers instead of inferred the share price will rise. The Jan 2024 MRE showed 200mt inferred none measured and indicated. The drilling has gone from 200m spacing to 100m. That would offer more measured and indicated numbers.
MRE 01/02/24 SHARE PRICE WENT FROM $11.52 to 20.14A a 76% one month increase.
KAIMU has been accumulating shares under $15A. Mostly at $11 and $12 handles.
JAN 7, 2024 WA1 MRE
WEST ARUNTA PROJECT MINERAL RESOURCE ESTIMATE FOR LUNI
Highlights
Luni is the most significant niobium discovery in more than 70 years and is one of the world’s major critical minerals deposits
Inferred Mineral Resource estimate (MRE) contains world-class grade and scale: 200 Mt at 1.0% Nb2O5
The MRE contains a significant high-grade subset of: 53 Mt at 2.1% Nb2O5
MRE is constrained to shallow, weathered mineralisation, starting from 30m below surface and extending to a maximum depth of 190m, with mineralisation open at depth
Deposit characteristics and recent metallurgical testwork indicates Luni may be amenable to low-cost open pit mining and conventional processing
The MRE is based on drilling completed up to the end of 2023 with ongoing resource activities this year aiming to better define high-grade parts and increase resource confidence in select areas
WA1 RESOURCES is only listed on the ASX under the code WA1.
Do your own due diligence.
Kaimu, how do I fix my income tax problem>> I was divorced, after many years I now have to file Single with no dependents. In 2024 I paid out 2700 a month in Alimony and Child Support (Alimony is no longer tax deductible). I’m retired now so no more W-2 tax is deducted during the year. I had no idea what my IRS tax bill would be until I sat down with the 1040 and the instructions last March and figured it. Came to 6800, of which I had 7% of my Social Security check deducted but that only came to about 1200 of what was owed. The rest, I pulled 4800 out of a retirement account and 800 from savings.
To add insult to injury, the IRS just send me a penalty for not withholding enough taxes during the year! I can’t. I can’t afford to surrender more of what’s left of my monthly income.
They are killing the poor, the elderly and the middle class in this country.
goldbug58 Seems like your tax situation is easy enough since you have a lot of fixed income like maybe ss and pension and whatever 401k etc. You can track trades and send in estimated tax based on profit. We are lucky they aren’t taxing losses yet.
I believe if you pay in $6800 or more for 2025 the IRS cannot penalize you. Check with H&R Block or get a Turbo Tax or Quickbooks app. I use Quickbooks PRO. They have an online course if you really want to get into taxes.
What are they charging on late file and failure to pay and interest rate now? Last I recall the interest rate they charge is 23%. Yet another BS. Between the IRS and VISA they’re all loan sharks! Trump and the Congress needs to cut it all down to 8%. That’s the magic number the insurance companies tell me they need to make a profit. ROI 8% >
I hate how these political parties during election years say NO NEW TAXES yet they go behind the scenes and cut deductions. Cutting alimony and credit card interest and a myriad of other medical deductions is the same as raising taxes. Then they do an AGI limit on medical and that cuts deductions more which is yet a greater tax increase.
I am guessing you don’t live in a state with income taxes or that would add to your tax burden. Texas Nevada and Florida are states with no income tax.
Totally agree we need tax relief. There is no taxation with representation any more. We need a flat tax 8%. If insurance companies can make a profit off 8% then the government should be able to. Cut the salaries of politicians especially the rich career corrupted ones.
Here in Texas they just passed a lower property tax bill. It should be NO PROPERTY TAX as it unfairly targets those who own property and those who rent are advantaged. Property tax also makes home ownership less affordable. Add in high insurance costs and real estate ownership is being demolished for the under 40s. Then again that’s part of the WEF goal for law abiding citizens to “own nothing and be happy”!
OVER TAXATION IS KILLING THE AMERICAN DREAM
My $0.02
Best of luck
Not easy to fix. They expect 90% of your tax bill to be paid during the course of the year, not when you file in April.
Ok I am toying with this. I can direct Soc Sec to withhold 10% and not 7%.
I can move money from taxable bond funds to tax-exempt at a lower interest rate.
I can cancel my retirement distribution.
It all adds up to less monthly income in order to pay taxes.
Still would not likely get to their 90% target so I expect a penalty again next year.
Aloha!
CONSUMERS MAKE MORE SAVE MORE AND TEND TO SPEND LESS
BEA SAYS CONSUMER EARNINGS UP MOST SINCE 2021
Uncertainty makes consumers save more and spend less.
That tracks with what the PREFLECT AI marketing company execs are telling me. Is it a bad thing?
I know one thing. If energy prices are low then consumers benefit and so does business. To remotely compete with the CCP the US has to bring back more coal and nuclear and nat gas and dump solar and wind. Get rid of the WEF NET ZERO carbon con job.
U.S. consumers earned more income, saved more money, and spent less in April, new U.S. government data show.
According to the Bureau of Economic Analysis, personal income rose by 0.8 percent, or $210.1 billion, to $25.858 trillion in April. This was up from the upwardly adjusted 0.7 percent jump in March.
Last month’s reading represented the largest month-over-month increase since May 2021 and far exceeded the consensus estimate of 0.3 percent. BEA
Way back in 2021 I posted that the DNC Biden regime broke the 77 year long US consumer engine in 2021. See graphic below.
Will the Trump tariffs bring the ROI other countries are buying if US consumers are on a trend of saving more and spending less?
As of May 30, the U.S. is on pace to set a new monthly record in tariff revenue—nearly $23 billion, about three times the amount collected in May 2024. That record-breaking pace contributes to a total of $68.23 billion collected so far in 2025, a 78 percent jump from the same point last year, according to Treasury Department data analyzed by the Penn Wharton Budget Model.
Now just issue every US household a dividend check and 2028 is in the bag for the RNC!
That’s $68.23B divided by 131M = $520 dividend
Cut out more BIG GOVERNMENT spending by getting rid of 50% of government agencies and cutting social security and medicare fraud and abuse. That way productive law abiding citizens win the day not these leftist marxist cronies proliferating DC and blue states and the DNC NGOs. We need to force the WEF into bankruptcy. Their morals are already bankrupt.
Aloha!
ONE CARTEL MAKES $8.48MIL USD PER WEEK OFF ONE MEXICO DRUG LAB
TRUMP DESIGNATES THIS CARTEL A TERRORIST GROUP
As I have said if the cartels IPOed on the NASDAQ their market cap would rival Pfizer.
How many CCP banks push this through to European and Canadian and US banks? With minimal scrutiny at best.
Mexico does a bad job of fixing their cartel problem which if actions mean anything then Mexico likes the cartels in their country. In fact AMLO preferred to give the cartels “hugs”. He was elected on a platform of “hugs not bullets”. AMLO was a disaster.
Tepalcatepec, Mich., May 28, 2025. The operation was reportedly carried out during surveillance and reconnaissance patrols in high-crime areas, specifically in the vicinity of the town of Catarino Pérez, according to the Ministry of National Defense (Sedena).
During the operation, soldiers detected several individuals aboard a pickup truck who, upon noticing the military presence, abandoned the vehicle and fled into the undergrowth. The vehicle, which had been reported stolen, was transporting two tubs containing approximately 300 kilograms of a granulated substance with characteristics similar to methamphetamine.
After securing the vehicle, the soldiers conducted a search of the area and, a short distance away, located a clandestine complex operating as a drug laboratory. The site was equipped with industrial infrastructure and large quantities of chemical inputs.
At the site, four reactors, four condensers, three metal centrifuges, seven cylindrical containers, 53 drums containing unidentified chemicals, 32 vats, 29 drums containing various substances, six buckets containing unknown white material, 64 sacks containing probable caustic soda, more than 10 gas tanks, and three large-capacity metal pots were seized.
This discovery represents one of the most significant seizures in the region so far this year and comes just hours after the deaths of eight Army and National Guard soldiers when a mine was activated that blew up the armored truck they were traveling in, on the border between Michoacán and Jalisco. The crime is attributed to the terrorist organization (designated as such by the United States) Carteles Unidos.
Aloha!
IB NOW TAKES BETS ON PREDICTIONS
Like whether the little silver ball will roll into a black or red numbered slot!
Its a sign that the economy is showing more desperation. People gamble more when they can’t afford the cost of living. Ask the LOTTO!
Educated guesses without the education.
A similar betting scheme was used to predict Kamala would win in 2024!
I found it hard to believe when I first saw IBKR enabling betting on political winners.
Aloha!
KEYNESIAN MARXISM OUT OF SIGHT OUT OF MIND ECONOMICS
As Nixon said when he took America off the Gold Standard in 1971 and put us all on the Debt Standard … “We’re all Keynesians now!” Wow, was that ever dumb!
No matter what FDR made radical changes to the US government and how the American society evolved into this current debt laden corrupted Washington DC. I think FDR failed to consider how human nature works. The old teach a man to fish adage comes to mind. If you bother to research you find a lot of untold truths nobody cares to know now.
TRUTH #1
It was not LBJ and Martin Luther King doing any empathy laden civil rights. The very first CIVIL RIGHTS ACT was passed through a Republican Congress and signed into law by Ulysses Grant(R) in 1875 while the DNC were still wearing white hoods and burning crosses.
TRUTH #2
The first recipient of a FDR social security check was Ida May Fuller in 1940. She got paid $22.54. Prior she paid into social security $24.75 over her lifetime. She lived to be 100 and died in 1975. Her total pay out from social security was $22,882. That’s a 92,000% profit.
TRUTH #3
The phrase “it takes a village” was used by Hillary Clinton and she wrote a book about it. Her newest book based on the last four years of DNC open border policy is IT TAKES A VILLAGE AND ILLEGAL ALIENS TO RAPE AND KILL THE VILLAGE AND DESTROY THE US ECONOMIC FUTURE.
TRUTH #4
Illegals getting jobs are forced to by the cartels. Many crossed owing the cartel for their “escort service”. They end up in a blue DNC sanctuary ghetto city so they can evade laws. Every street vendor you see selling food and Home Depot goods in NYC and Chicago and LA are workers for the cartel. The rule is pay the cartel what you owe or the cartel kills your relatives and friends in Mexico.
TRUTH #5
The cartels keep US and Canadian banks alive. Who else will launder their ill gotten profits from fentanyl genocide, murder, rape, child slavery and sex slavery? Don’t discount how much money these banks hold for cartels and mafia oligarchs.
What many people who do not live in Texas, a border state, fail to understand is the direct economic impact of the DNC open border policy that let in 12mil illegals. It keeps on paying blood dividends for those who are aligned with the DNC. If you do not see these illegals crimes its all out of sight and out of mind. We are sick of it all here.
Keynes was the economic philosophy of MORE BIG GOVERNMENT DEBT and open borders is the marxism of economic and societal destruction needed for a communist dictatorship takeover. Something the DNC lovingly refers to as Democratic Socialism. None of which has ever worked to the benefit of honest, law abiding citizens who work hard and pay taxes. To the DNC those types of law abiding people are easy marks to con.
The illegal alien who allegedly killed a teen at Grapevine Lake was previously arrested and released during former President Joe Biden’s administration, as reported by The Dallas Express. However, other local news outlets have largely overlooked this fact.
After police arrested two suspects who allegedly fled after 18-year-old Ava Moore was killed on Grapevine Lake over Memorial Day weekend, officials announced they were illegal aliens who had been arrested – and released – under Biden’s administration, as The Dallas Express reported at the time.
The alleged killer, 21-year-old Daikerlyn Alejandra Gonzalez – and the man who helped her escape, 21-year-old Maikel Coello Perozo – were illegal aliens from Venezuela.
After Gonzalez allegedly killed Moore with a jet ski on May 25, Gonzalez and Perozo fled the scene. The Grapevine Police Department and Texas Game Wardens launched a multi-day manhunt and ultimately captured Gonzalez and Perozo on May 27.
Attorney General Ken Paxton announced that day that Gonzalez and Perozo were illegal aliens “who never should have been in our country in the first place.” On May 28, officials held a press conference and said the suspects were previously arrested and released when they illegally crossed the border under Biden’s administration. The Dallas Express reported both stories soon after they broke. -Dallas Express May 30, 2025
How much did it cost to raise the law abiding young woman these DNC illegal aliens killed? It cost the “village” a lot because we lost a valuable member of society.
Aloha!
HAWAII DNC GOVERNOR SIGNS CARBON TAX ON HOTELS
TOURISM DOES NOT NEED MORE TAXES
When people read this they think of the big hotels like Hilton and Hyatt, but this also includes tiny short term rentals like AirBnB. This effects HALE KAIMU which is our very successful AirBnB on the Big Island. We pay roughly 19% in transient tax and added property tax. We are lucky we are not a condo in Waikiki as it would be worse. They do not tax ag like they tax condos. A stay at HALE KAIMU is on five lush secluded jungle acres with two houses surrounded by an orchid and exotic fruit farm one mile from a black sand beach.
This new tax the first of its kind in the US punishes tourists for the Hawaii DNC mismanagement of Maui Fires. The DNC thinks $100mil will solve climate change in Hawaii and pay for their failure in Maui. That is why this new tax will go up and up. What “new tax” stays the same as it was when it was first issued? ZERO! The US income tax started at 2% in 1913. Now look!
HONOLULU — Hawaii’s governor signed legislation Tuesday that boosts a tax imposed on hotel room and vacation rental stays in order to raise money to address eroding shorelines, wildfires and other consequences of climate change.
The signing, which comes nearly two years after a Maui wildfire killed 102 people and wiped out almost all of Lahaina town, marks the nation’s first such levy to help cope with a warming planet.
Officials estimate the tax will generate nearly $100 million annually. The money will be used for projects like replenishing sand on eroding Waikiki beaches, promoting the use of hurricane clips to secure roofs during powerful storms and clearing flammable invasive grasses like those that fueled Lahaina’s wildfire.
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MILTON SAID USE SPOONS
In 1980 when Milton Friedman, world class economist, visited China he was taken to a construction site for a dam project. The CCP minister of labor then bragged about how the CCP employed 20,000 Chinese to move earth for the dam using shovels. Milton advised the CCP official to instead use tractors since it would be faster. The CCP official calmly said the objective was to employ as many as possible. Then Milton said, “In that case you can employ 100,000 if you give them spoons instead of shovels!”
The US Court of International Trade is like the CCP. Three judges elected by nobody are like spoons.
If the Judiciary voids the Executive and Legislative bodies then why have elections? Lets all learn Mandarin and be a mafia. The DNC operates like a mafia. Trump had two assassination attempts, one almost succeeded, before the Nov 5 election. A lax and sloppy DNC owned FBI and CIA and Secret Service were “on the job”. Zero assassins gunning for Biden or Harris in four years. What does that tell you?
Trump was overwhelmingly voted into office on his RNC platform which was basically the opposite of the DNC. Both the Electoral College and Popular vote were in favor of Trump by large margins. Why is it from 2020 to 2024 the DNC and Biden were allowed to destroy America with little to no judicial objection, but in the last five months the RNC and Trump are not allowed to even make an attempt to fix what the DNC corrupted and destroyed?
Now with the latest CNN books on the Biden cognitivity we find out the DNC presidential office was run by unelected marxist bureaucrats for four years. Auto pens, a fake oval office set, non-stop video editing, tele prompters, 25/8 media cover blitz and God knows how much medication was our last US president who barely spoke and walked.
In case many here have forgotten the goal to save America was written long ago by a politician who tried to save Rome. Nothing new is it?
“The budget should be balanced, the treasury refilled, public debt reduced, the arrogance of officialdom tempered and controlled and the assistance to foreign lands curtailed lest Rome become bankrupt.” -Marcus Tullius Cicero 65BC
What’s new is the outrage from the DNC to save America. To end the abusive grift of taxpayer funds. Right or wrong Trump’s in office now, not Judge Judy. Based on what I saw happen from 2020 to 2024 nobody can say Trump is not making more of an effort than the DNC and Biden regime who made conscious decisions to open the border and raise energy costs and make wars on Jan 21, 2020. All very highly inflationary and destructive.
Aloha!
PTR(ASX) AND MEU(ASX) HEAD ON
Combining the two HMS very shallow assays of PTR and MEU makes these two a whopping 14km strike. That is what I like about explorers like WA1(ASX) who hit shallow high grade assays.
Two different companies with same day assay news with properties that border each other. Both drilling in line towards each other following the same trend. Its like they are both working as a team and know each other’s management! Huh????
Here look …
MEU
HM Hole 25MKAC068 37m @ 45 % HM from 2m including 5m @ 56 %
HM Hole 25MKAC018 34m @ 19 % HM from 4m including 1m @ 50 %
HM Hole 25MKAC069 30m @ 20 % HM from 0m including 2m @ 43 %
HM Hole 25MKAC021 19m @ 22 % HM from 13m including 3m @ 40 %
HM Hole 25MKAC020 20m @ 22 % HM from 19m including 4m @ 38 %
HM Hole 25MKAC048 30m @ 22 % HM from 6m including 1m @ 34 %
Now look at PTR
HOLE25RW002 – 26m @ 17.2% HM from 7m, incl. 6m @ 36.4% HM from 27m
HOLE25RW003 – 32m @ 11.1% HM from 10m, incl. 3m @ 22.7% HM from 11m
HOLE25RW004 – 15m @ 11.5% HM from 6m, incl. 5m @ 20.9% HM from 7m
KAIMU owns PTR not MEU.
Do your own due diligence. Do the due!
In case someone does not know HMS stands for Heavy Mineral Sands and HM is Heavy Minerals. Rudimental explanation.
All important for Defense, AI and all things tech.
Mineral sand deposits contain a concentrated amount of economically important minerals known as ‘heavy minerals’, which are much heavier than common sand minerals such as quartz. These heavy minerals contain high concentrations of the critical minerals titanium and zirconium with associated rare-earth elements (REE).
The critical minerals are hosted within the following minerals:
Zircon is rich in the element zirconium. Rutile, leucoxene and ilmenite contain titanium and monazite and xenotime contain rare-earth elements. Rare-earth elements, in particular neodymium, praseodymium, dysprosium and terbium, are contained within minerals such as monazite and xenotime. Other minerals such as magnetite and garnet may also be present in mineral sands.
Look to the KAIMU investment in IPerionX(IPX:ASX) based in the USA.
Aloha!
I ASKED BUSH TO STOP MY SOCIAL SECURITY BENEFITS IN 2006
I sent a letter then. I never got a reply back.
One of my Hawaii econ pals wrote this …
There are so many taboo topics today. You cannot make anyone aware of the slavery component in products like an Apple iPhone. Any talk of slavery is bad. Any talk of genocide in DNC cities is bad. We all think we are so damn empathetic. Its the opposite!
Boomers, Let’s Face It: The Math Doesn’t Work
Charles Hugh Smith
May 20, 2025
There are many consequential things we can’t discuss factually because the topic upsets everyone. And since getting upset shuts down any direct discussion of difficult issues, these issues metastasize into problems that end up sinking the ship.
The Titanic has already struck the iceberg and is doomed, but since this upsets the passengers, we dance around the facts rather than take immediate action. Everything about the situation is upsetting, and so emotions dominate the zeitgeist: resentments, blame-game, accusations, the whole self-reinforcing dynamic leads to people shouting at others as they drown. The last word, indeed.
Federal deficit spending and the overweighting of entitlement spending on retirees is too upsetting to discuss factually, so we don’t. But the math doesn’t work, and so the ship will sink. This was obvious 20 years ago, when I posted this: Boomers, Prepare to Fall on Your Swords (June 2005), in which I suggested that well-off Boomers address the problem by gracefully making the necessary sacrifices rather than heap them on the younger generations.
It was even more obvious by 2013, when I posted this: Generation X: An Inconvenient Era (May 23, 2013), in which correspondent Eric A. explains how the math doesn’t work.
Let’s start with some necessary stipulations. When I suggest well-off Boomers accept the need to make sacrifices to save the ship from sinking, I suggest this as someone in this cohort.
I am a Boomer, drawing my Social Security benefit, which like my lifetime income, is close to the national median SSA benefit. I’m solidly in the middle of the pack. Being over the age of 65, I also have Medicare benefits. Like many others of my generation, I’ve lived frugally, saved money, worked hard, etc. Since I’m still working, I pay Social Security and Medicare taxes–15.3% of all earned income as I am self-employed.
Unlike others in my generation, I attribute only a modest percentage of my net worth to frugality and working hard, as the majority of whatever “wealth” I own is the direct result of the hyper-financialization credit-asset bubble that’s been inflated since 2007.
Those who were able to buy assets such as houses and stocks decades ago saw their net worth rise to extraordinary heights in the bubble. Those who didn’t or couldn’t buy assets before the bubble did not see their net worth rise to extraordinary heights.
Let’s go over how we got here. The current federal tax system and retiree benefits evolved in the 1930s to the mid-1960s. In the 1930s, retirement meant poverty for many workers who were unable to save a nestegg large enough to fund their no-earnings years. Social Security was enacted as a way of using the SSA (Social Security Administration) taxes (FICA to employers) paid by current workers (1% of wages in those days) to fund a modest retirement income for retirees.
Social Security was always a pay as you go system. Whatever SSA tax revenues that weren’t distributed piled up in a Trust Fund. This Trust Fund was eliminated in the mid-1960s, and excess SSA taxes went into the federal general fund. The current Trust Fund is a useful fiction. When SSA runs a deficit, the Treasury funds the deficit by selling Treasury bonds, just as it does with all other deficit spending.
Political realities demanded that the program be universal to attract widespread support. So millionaires collect Social Security and Medicare benefits, too. As SSA’s financial foundations erode, a modest reform was enacted: above a modest income, 50% of SSA benefits are taxed as regular income.
Back when the program was enacted, there were around 10 workers for every retiree. The demographics and economy were different then. The economy was mostly domestic, and the bubble of the 1920s had popped. Financialization and globalization were at low ebb. Everyone assumed there would always be 10 workers for every retiree.
But people started living longer, the disabled were added to Social Security, and Medicare ballooned from a modest program to an open-ended spending juggernaut. In other words, the economy changed, demographics changed, but the system has not been changed to reflect these realities. SSA and Medicare taxes have increased dramatically, but these programs are still funded by payroll taxes paid by employees and employers.
Capital (assets, income from capital gains, speculation and investments) only pays a thin slice of Medicare via the Net Investment Income Tax (NIIT) on capital gains incomes above $200,000 for single taxpayers and above $250,000 for couples filing jointly.
What we’re actually discussing isn’t just generational; it’s 1) the open-ended nature of the SSA, Medicare and Medicaid programs, 2) the impossibility of relying on two workers to pay all the benefits for each retiree as the number of retirees and beneficiaries exceeds 69 million people while the full-time workforce is 135 million, and 3) the extraordinary wealth divide in the U.S. where the majority of the wealth is held by the top few percent and the retiree generation (Boomers) for the reasons stated above.
The solutions are as obvious as plugging a hole in the ship’s hull.
1) The tax burden has to be shifted from labor to capital via financial transaction taxes and ending the multi-trillion dollar exclusions on capital gains.
2) Social Security and Medicare benefits must be means tested; those collecting $10,000 a month in other pensions and investment income don’t need Social Security benefits, which should be reserved for those with no other substantive source of steady income in their retirement years.
3) The open-ended entitlement programs must be limited in some fashion, and there is no way to do this that will not upset everyone. Hard choices–triage–must be made, as doing nothing is choosing to let the ship sink.
Aloha!
HONOR TO THOSE WHO SERVED THIS MEMORIAL DAY
Not to forget the bravery during this day of BBQ and beer!
At one time the US was bombing Japan and Germany. Now its tariffs.
GOD BLESS THOSE WHO DIED AND SERVED IN THE NAME OF FREEDOM
Aloha!
GOOD WEEK FOR KAIMU ASX HOLDINGS
WA1 +9.6%
IPX +7.1%
Biggest holdings next to Augusta Gold(G:TSE AUGG). Only Vaultchain and XOM and CVX exceed WA1 and IPX as a percent $$ holding.
Aloha!
MODERN SLAVERY IS REAL
“Who will pick our fruit if we let Trump deport undocumented workers?” – AOC 2025
“Who will pick our cotton if we abolish Democrat state black slaves?” – Robert E Lee 1860
Its all exploiting cheap labor. What’s the difference with the DNC since 1860?
There are more slaves globally in 2025 than there were in 1860.
Aloha!
ESG ANTI-TRUST FINALLY HAS FINK IN THE DOJ FTC CROSSHAIRS
PENSION HOLDERS NEED THE RIGHT TO VOTE NOT LARRY
I have railed about this for years as has Bill and it finally may get some major traction. I am so sick and tired of the word “stakeholder”, the term the WEF uses instead of “shareholder”. The term stakeholder is marxist as if the state and all US residents took the same risk as shareholders and founders to create Chevron and Exxon and Google and Dell.
When I put up multiple six figure capital along with Mark Cuban to fund the PREFLECT AI MARKETING start up I never saw Biden or Pelosi or Trump or anyone on this blog helping Mark and I. Nobody other than the two founders and Mark and I put up any capital. We all took the risk alone four years ago and now we literally get paid dividends quarterly. Where was Larry Fink? Was Larry calling the founders with funding and tech support like Mark and I did? Did Larry call the META COO to complain of their overreach? Then why does Larry Fink or any of the WEF cartel have any say? Why should PREFLECT comply with the WEF ESG or DEI?
THE BIGGEST MONOPOLY IN US HISTORY IS THE US FED
Top three facing FTC and DOJ investigations.
BLACKROCK
VANGUARD
STATE STREET
All members of the WEF and all Davos Devotees pushing for monopolistic agendas to break the West’s free market capitalism. This must be a top priority. The fraud of ESG and DEI has to end. Any one US company who has any one single CCP input directly or indirectly has no right to claim they meet ESG or DEI fake rules. All of the BRICS engage in some form of slavery, child forced labor, extreme toxic EPA violations add in zero OSHA compliance and zero EOE compliance. The BRICS are mostly dominated by mafia dictatorships who have been breaking international law and starting wars for decades now. That is why the WEF concept of ESG and DEI is absolute fraud.
LINK: https://www.youtube.com/watch?v=Gef7szsJ3Q0
Its highly laughable that the CCP brought anti-trust lawsuits against Google three months ago. Its way past time to do anti-trust and maybe even RICO against BlackRock, Vanguard and State Street for their abuse of pensioners via ESG and DEI fraud.
A number of US states have brought lawsuits against Larry and his WEF crew also. Texas is one of the leaders in attacking ESG and DEI. I have to exclude Mark Cuban as DEI seems to be his blind spot. Oddly it is hypocritical that he is not using DEI for his Mavericks basketball team which is 80% black. Where is DEI in pro sports? I would love to see DEI for football where women and gays and trans are all on ESPN on the field and in the locker room. Reimagine that! It would be the end of pro sports as we know it. ESPN would file bankruptcy in a week. We all know it.
Just like the DNC Biden vaccine mandate in 2021 that did not apply to 12mil illegal aliens crossing the DNC open border there is this DNC exemption for DEI in pro sports. There is this DNC ESG exemption for the CCP. This is why ESG and DEI is a fraud. If you buy Apple products then you buy the “G” in ESG … Genocide. You buy the “S” in ESG … Slavery. You also buy the “E” in ESG … Extinction. The CCP is a lawless mafia.
The CCP ESG is …
E-EXTINCTION
S-SLAVERY
G-GENOCIDE
Extinction of the environment and mass slavery of Chinese people and the genocide of Chinese citizens like the Uyghurs and any other Muslim sects. You also buy global warfare.
ESG AND DEI ARE MARXIST TACTICS
END ESG AND DEI FOREVER
Aloha!
GASOLINE IN TEXAS IS $1.99USD
Trump 1.0 I saw reg gas as low as $1.75. Now driving today I saw on hwy 1097 the price of $1.99. If where you live gas is $4 or $5 or $6, then you must be living in a DNC owned state. There is no reason whatsoever that gasoline in California should not be $1.99 other than everyone voted (D)! California has oil reserves and refineries like Texas does. Only problem California has is the DNC.
THE BIGGEST CON JOB ON THE PLANET IS CARBON TAX
I’m with you that the WEF Carbon Tax is a costly con, which has caused unnecessary inflation. Here are the AAA-reported (May 15) Average Cost of gasoline by State:
The detail is attached.
To be fair, the GOP controls most of the States in the south, and those States should have the lowest prices due to proximity to Gulf Coast refineries.
But your point is well made.
Bill, yes, add in now California DNC Newsom is shutting down two of their refineries due to regulations so strict they can no longer afford to operate. That happens in 2026. We all know what less supply does in markets where demand stays the same or rises. Maybe Californians will finally see $8 to $10 gasoline. None of that is good for the California economy and hits the poor the most because they still need to commute to work for $15/hr jobs. That will cause huge hardships for businesses also. Huge increases in “last mile” inputs.
One of the refineries shutting down is Valero in the Bay Area where I used to live. We did some projects there in the 1990s and I saw aerial photos from 1923 showing why they placed the refinery there. It was supposed to be out of town far away from any SF residential. Yet as houses cost more and more over the decades the SF residential area spread out further and now that refinery is surrounded by residential homes. Now it takes driving 2hrs every day to commute to work for many who live out in that area. How can employers afford employees who can’t afford to commute to work?
It would be real easy for the DNC to just end their carbon tax and then end their complicated Sierra Club refining formulas. As you know I have business in California and I can say the smog is still there. Hawaii is one of the top 5 states for good air quality and we have an active volcano spewing out toxins every day. Way worse than any one refinery. Hawaii copies California as dumb as that sounds. Problem is Hawaii has no oil reserves. California does. I just had my farm manager from Hawaii here and he said gasoline in Hawaii is at $5. Hawaii could end its carbon tax also. The sad reality is that the DNC in Hawaii has made Hawaii so expensive that more Hawaiians live outside Hawaii than live in Hawaii. Hawaiians can’t afford Hawaii. Yet the voters send Mazie and Brian to Congress every year like robots. Hawaii gets worse and worse. One party states like the DNC California and Hawaii are corrupted beyond repair.
The only thing that saves us is in Hawaii is we are zoned ag, agriculture. We pay 70% less property tax for five acre farm than a condo owner in Honolulu. We also grow our own food. We grow our own product. MADE IN USA. We don’t need to commute every day.
The only way any of that changes is if the voters in California and Hawaii do the opposite of what they have done for decades. Stockholm Syndrome is the only explanation why someone votes for more misery from their captors.
Aloha!
THE WEF BOMBS PALM SPRINGS CALIFORNIA
BRINGING GODLESSNESS TO AMERICA
ECONOMICS CANNOT HAPPEN IN REVOLUTION
Who is it that is fomenting radical domestic terrorism we see on display in colleges and now in Palm Springs? Who gains most from this sort of terror?
I have spent a lot of time in Palm Springs back in the day. My cousins owned a hotel there we stayed at when they were in town. One of them Tony Curtis stayed when he got tired of Hollywood. Sometimes the weather in LA could be real bad and you’d drive an hour or so and you get to nice sunny skies in Palm Springs.
RESETTING HELL
Pushing the “anti-life drug” onto the youth through academia is a globalist anti-population policy. Part of Klaus and his billionaire cartel GREAT RESET. This is pure Fabian Society tactics that actually manifested itself in bombing a fertility clinic in Palm Springs. A radical ideology handed down through years of public education and colleges. This has been the Fabian goal since 1884.
This is the further destruction of California by radical DNC policy. Where would the DNC get such policies of open borders and anti-population and anti-West and America Last? Similar to the EU death diatribe coming out of Davos and Brussels seems like a possible source.
Here is the manifesto for the WEF Palm Springs DNC bomber. A total globalist vision of (d)eath and (d)estruction.
LINK: https://x.com/amuse/status/1924154950424400001
From THE DALLAS EXPRESS
The suspect, identified as 25-year-old Guy Edward Bartkus, a resident of Twentynine Palms, was killed in the blast. According to law enforcement sources, Bartkus was a Democrat and an anti-natalist, a philosophical ideology that believes it is morally wrong to have children due to the inherent suffering in the world.
His alleged manifesto, posted online before the bombing, revealed his opposition to increasing the population and his disdain for reproductive technologies like IVF, which he described as “extremely wrong.”
This ideology, combined with his political affiliation, has raised questions about the motivations behind the attack and the broader implications for political discourse in the United States.
You know our daughter Stefanie. She vacations in Palm Springs in March every year. She attends the tennis championship, BNP Paribas Open | Indian Wells, enjoys playing tennis there, and hikes long distances on the canyon trails. Every year, she sends photos and says we ought to vacation there.
Aloha!
WE’RE ALL SO SICK OF THE NON-STOP TAXATION
Federal income tax is one thing but then we get nickel and dimed to death with small taxes and taxes on our own property.
I got a Live!y phone bill for a flip phone today. For one month service.
TOTAL $27.21
GOVERNMENT MANDATED CHARGES $2.59
REGULATORY FEE AND SURCHARGES $6.63
Total taxes/total cost = 34% TAXES
Now add hundred of other small taxes on everything from gasoline to phones to hotels to restaurants and taxation is out of control.
FLAT TAX NOW
END PROPERTY TAXES
END SERVICE TAXES
END FOOD TAXES
Why bother trying to make money in the markets. Capital Gains taxes. Interest income. The govt takes zero risk yet sticks its hand out for a share of the profits. It’s no different than the Soprano’s and their Mafia extortion schemes.
Amen! Can you wrap your head around the Kamala idea of taxing unrealized profits?
This apart, Harris also supports an annual 25% minimum tax on the unrealized gains of individuals with income and assets that exceed $100 million.
Harris Faces Backlash: Fund Strat Head Of Research Tom Lee, one of the bullish strategists on Street, said, “This is a very unstable tax policy.” “Would be opposite of creating incentives to be long-term oriented,” he said. Benzinga August 2024
If Kamala would have won in 2024 how would that DNC tax policy apply to the Calper’s Pension Fund at BlackRock? That is over $100mil. Then when does $100mil get progressive? Next is 2% annual unrealized gain tax on those with $1mil assets. Then 1% tax on those with $200,000 in assets. Thats how income tax got “progressive”. Progressively abusive.
NO TAX IS EVER REPEALED!
Aloha!
VOLCANIC ACTIVITY HEIGHTENED GLOBALLY
Living on THE BIG ISLAND for 25 years in Hawaii you get very familiar with volcanic activity. Magma like the oceans has both internal and external effects. I believe one would be pole movement as the Earth’s axis changes. Another being solar effects.
Lately there is renewed activity in Italy and the EU area as well as South America and Central America and Asia. Add Kilauea in Hawaii. Yellowstone?
BEWARE THE RING OF FIRE
Earthquakes are on the rise as well which are related to volcanic activity. Swarms start before an eruption. That has always been the case at Kilauea in Hawaii. Then inflation and then lava flows. Rinse and repeat!
Aloha!
WA1(ASX) HITS MAJOR NB AND TREO ASSAYS WA1 +7.4%
OVER 60,000M DRILLED
TREO is Total Rare Earth Oxides which is a combo of 16 rare earth elements. Many needed for AI and defense projects. These assays outstrip the only major Nb projects in Brazil. Might I add “marxist” Brazil.
Niobium(Nb) intervals and grades are off the charts making this WA1 deposit a true once in a lifetime discovery. Prior assays showed the same high grade assays near surface so these assays extend those assays at depth, which seems to improve. There will be a major mine at the West Arunta and Luni deposit.
Look at these numbers …
LUDD-0119 from 78.8m: 30.6m at 2.6% Nb2O5
LUDD-0121 from 50.0m: 36.4m at 4.9% Nb2O5
LUDD-0122 from 52.7m: 14.3m at 4.3% Nb2O5
LUDD-0123 from 41.0m: 79.6m at 2.1% Nb2O5 (to EOH)
LUDD-0124 from 60.3m: 60.0m at 3.2% Nb2O5 (to EOH)
including: 11.3m at 12.7% Nb2O5
LUDD-0125 from 58.0m: 26.8m at 4.9% Nb2O5
LUDD-0126 from 43.0m: 41.7m at 2.3% Nb2O5
LURC-0034 from 54m: 29m at 4.0% Nb2O5
LURC-0035 from 77m: 39m at 3.2% Nb2O5
LURC-0036 from 50m: 46m at 3.1% Nb2O5
LURC-0037 from 47m: 31m at 4.6% Nb2O5
LURC-0038 from 40m: 15m at 3.6% Nb2O5
LURC-0044 from 53m: 119m at 1.1% Nb2O5 (to EOH)
including from 67m: 28m at 2.3% Nb2O5
LURC-0071 from 45m: 26m at 2.8% Nb2O5
LURC-0073 from 40m: 82m at 1.4% Nb2O5
LURC-0075 from 55m: 61m at 2.2% Nb2O5
including from 56m: 26m at 3.3% Nb2O5
LUSD-0022 from 86.0m: 60.0m at 2.4% Nb2O5 (to EOH)
including from 87.0m: 15.0m at 4.2% Nb2O5
LUSD-0028 from 26.0m: 87.0m at 1.2% Nb2O5 (to EOH)
including from 67.0m: 10.0m at 3.1% Nb2O5
LUAC-0005 from 56m: 23m at 2.9% Nb2O5
The above represents the last of the 2024 drilling phase that covered over 60,000m. None of the 13,000m of 2025 drilling has yet to be assayed.
From the CEO
These resource definition drillholes further support the continuity of shallow, high-grade niobium mineralisation across these areas and provide increased definition of the geometry, thickness and grade. Further high-grade TREO1 mineralisation was intersected in LUDD0124 (11.3m at 3.95% TREO from 60.3m, 25% NdPr:TREO), located in the western zone of Luni. To date, drilling has delivered a number of significant rare earth element intersections, including 7m at 10% TREO from 58m (16% NdPr:TREO) in the southeast of Luni (refer to ASX announcement dated 26 April 2024). Further work is required to better understand the potential for rare earth element mineralisation to deliver meaningful value to WA1’s development ambitions. The orientation of enriched, oxide mineralisation (true width) intersected to date is generally subhorizontal and coincident with the transition between intensely and moderately weathered carbonatite. Drilling to date has focused on outlining mineralisation in the weathered zone.
KAIMU portfolio owns WA1 large holding. We first announced our WA1 buy-in here on Bill Cara at $0.57A.
WA1 is only listed on the ASX.
Do your own due diligence.
$0.02
Aloha!
KAIMU CONTINUES TO BUY PM DIPS
Paying down the US Debt. Good idea, but the interest is killing us. Whether its DOGE or cutting costs or Trump signing Saudi deals the interest on the US Debt is still a gun to every American’s head. CPI may go down to 2.6% and the US Fed can lower rates to 3.5%, but the interest on the debt is still economic suicide for America. That’s why I stay in PMs. Its money insurance. You pay State Farm for home insurance I pay Kitco for PM money insurance. I buy Augusta Gold and Chevron for similar reasons. Gold does not pay dividends but Chevron has a long record of secure dividend payouts.
KAIMU adding to more Kitco platinum and palladium holdings, but still Gold and Silver at Vaultchain Kitco is our larger holding. Been buying the following recent dips.
KAIMU BUYS
PM
GOLD
SILVER
PLATINUM
PALLADIUM
AUGUSTA GOLD(G:TSE)
CRITICAL METALS
NIOBIUM(WA1:ASX)
TITANIUM(IPX:ASX)
Continue to hold oil & gas as largest holdings.
KAIMU OIL & GAS
EXXON(XOM:NYSE)
CHEVRON(CVX:NYSE)
ENTERPRISE PRODUCTS (EPD:NYSE)
SUNOCO(SUN:NYSE)
DRLL(ETF)
KAIMU is boring. It seems in these trying times that dividend payouts in beaten down oil & gas and PM sector stalwarts is a good long term strategy.
Aside from private investments unlisted on any markets liquidity is more key.
KAIMU applauds the Trump foreign policy in the Middle East. Neocon policy is nothing more than blood in the street diplomacy. Nation building is a joke policy that should go the way of the historical dumpster. Pretty soon only Iran will be outside the Abraham Accords. I doubt the people of Iran can stand the “ayatollah mafia” much longer. What must Iranians think when they see Syrians prosper more? Time is not on the ayatollahs side. Its the same for the CCP.
Do your own due diligence.
$0.02
Aloha!
NEW US CCP TRADE DEAL
Notice I did not use the word :China”. The CCP owns every square meter of China.
The news outlets have the wrong tariffs. All day I hear 30% the US has and in reality its 20% more because of the Section 301 from 2019. The 30% is made up of 20% fentanyl punitive fee and 10% from the global reciprocal tariff. That adds up to be 50% not 30%.
I find it amazing that the CCP admits the genocide of US citizens using fentanyl and pays the 20% punitive tariff. That alone is evidence to remove the CCP from the WTO and WHO and UN. Add in the CCP covid genocide from their Wuhan lab. Where and when do these CCP atrocities against the world end?
When do we get a tariff against the CCP Project 141?