Baron Creek

Becoming a Hoarder!

  
By:  Baron Creek  •  Nonsense and Ramblings  •  2 weeks ago  •  12 comments

Becoming a Hoarder!
The most costly of all follies is to believe passionately in the palpably not true. It is the chief occupation of mankind. - H. L. Mencken

Learning to be a hoarder is not that easy

The old freezer died, so after panic rearrangement, stuffing the refrigerator freezer and cooking, grilling etc., some stuff was thrown away. Meat, poultry, frozen vegetables, etc. 

Of course, I could have bought a new freezer real quick and saved a lot, but no... apparently people are hoarding freezers, as everyone is "out of stock". They started with toilet paper, then canned goods and are now heading for the frozen food aisle.

Mine is tentatively set to arrive April 2nd. Now I get to bulk buy a whole lot of frozen stuff or stuff to be frozen. But not before that new freezer is in place. So much for limiting my out and about activities for the next 4 months or the end of time... whichever comes first. At least I have some time to prepare my hoarding list, if there is anything left.

Who won the election?

Or which candidate is hoarding the most delegates? Aahh the good old days, when that was all we had to argue over. With the economy in a tail spin, I wonder why anyone would really want the top spot. I guess Biden is slated to be the nominee for the democrats and huge news on the republican side according to some headlines... "Trump is presumptive nominee". Dang, I knew that months ago. Makes me wonder what else the media is behind on.

Bailouts

Companies are lining up for bailout money. Boeing says they need $50B. They probably do, as mismanagement prior to any coronavirus has driven them to the edge. Those $30B in stock buybacks over the past 5 years doesn't look so smart. Let's not forget the rest of the airline industry . Golly gee, companies get hefty tax breaks, squander it on inflating share prices via buybacks and then want tax dollars to salvage those share prices. Sweet deal.

There are systemic companies/industries that should be propped up, but not without some significant strings, imo and some hard decisions as to whether these companies were merely treading water prior to covid -19. Mostly propped up by low interest rates. Considering the bond market... those days look to be over. Bailouts... companies will be quickly lining up for trillions. 

The Markets

Read some articles complaining how the FED blew it, by going to near zero and the negative impact on stocks. I'm not sure propping up the stock market was their concern. Bond market yes. It is in dire straits ( money for nothing ). Think what happened last Thursday.

So the weirdness continues. Stock futures indicate a negative start on today's market. Treasuries are slipping as well. THAT happened last Thursday and is happening again. There is a lot of stress in the financial markets. Gold is slipping and the dollar is hitting higher and higher. That they would interact in that manner is normal, but why in God's name is the dollar strengthening? The FED cuts rates to near zero and the dollar goes up... this is madness, imo. The notion there is ample liquidity in the financial sector is about to be tested. In 2008, it was the sub-prime bubble that got all the blame for unraveling the markets. The current bond bubble dwarfs the previous bubble, imo.

Oh well...

Back to preparing the hoarding list for whenever the new freezer shows up. Fortunately toilet paper doesn't go in the freezer. Can you imagine what that would be like? Hmmm... my mind is kinda weird.

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Baron Creek
1  author  Baron Creek    2 weeks ago

The disparity between treasuries and stock futures is tapering ever so slightly at this moment. Back to the online shopping list. What an adventure!!

 
 
 
Baron Creek
1.1  author  Baron Creek  replied to  Baron Creek @1    2 weeks ago

Treasuries are tanking and so are stock futures. Commercial grade paper is dropping as well. Now I understand where all the toilet paper has gone. There are folks s**ting themselves big time. That's their problem, i'm considering a test run of on line grocery shopping the next couple of days. 

 
 
 
CometRider
2  CometRider    2 weeks ago

I went grocery shopping at Walmart yesterday at 2 pm, they were out of Hamburg, chicken, and pork. There were only about 30 cartons of eggs left and just two kinds of soup, cream of mushroom and split pea.

Did the majority of the chickens, cows, pigs and hens die?

 
 
 
Sister Mary Agnes Ample Bottom
2.1  Sister Mary Agnes Ample Bottom  replied to  CometRider @2    2 weeks ago
split pea

256

 
 
 
Ozzwald
2.1.1  Ozzwald  replied to  Sister Mary Agnes Ample Bottom @2.1    2 weeks ago
split pea

Yummm, split pea!

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Sister Mary Agnes Ample Bottom
2.1.2  Sister Mary Agnes Ample Bottom  replied to  Ozzwald @2.1.1    2 weeks ago

It's possible that's the reason I hate split pea soup.  Well, that, and the fact that it smells like feet.

 
 
 
CometRider
2.1.3  CometRider  replied to  Sister Mary Agnes Ample Bottom @2.1    2 weeks ago

That's what I said, pee-hew. Wasn't too keen on the cream of mushroom either, no soup for me.

 
 
 
Kavika
3  Kavika     2 weeks ago

512

 
 
 
It Is ME
4  It Is ME    2 weeks ago

"Vienna Sausage", "Clams", "Sardines" and "Spam" in a can, along with "Prunes",  seems to still be prevalent. I like all, so I'm set. jrSmiley_13_smiley_image.gif

 
 
 
cjcold
4.1  cjcold  replied to  It Is ME @4    2 weeks ago

Always keep a couple of cases of MREs and a few barrels of freeze dried and preserved foods in my basement and storm cellar as I live out on the plains (tornado alley). Most old-timers around here do the same (we swap our preserves all the time for diversity and fun). 

Except for the public library (which was forced to) none of the local businesses around here have closed. Ate breakfast just this morning at our single local restaurant (the waitress is also the cook) and left a big tip.

The guy who owns the local liquor store gave me a fifth of Everclear (knowing me to be a retired paramedic) and said "do good with it if you can". I have yet to open it.

We have had no cases of corona or flu in my neck of the woods yet but it is nice to be a part of a small community that works together.  

 
 
 
It Is ME
4.1.1  It Is ME  replied to  cjcold @4.1    2 weeks ago

Damn..... I forgot the "Booze". jrSmiley_103_smiley_image.jpg

 
 
 
cjcold
4.1.2  cjcold  replied to  It Is ME @4.1.1    2 weeks ago

Seems only the 90% Everclear is effective. What a waste.