THE TKC SATURDAY NIGHT PLAYLIST!!! KANSAS CITY DEVELOPMENT AGENDA CONFRONTS UPCOMING AMERICAN ECONOMIC HARSH TIMES!!!
Remember not so long ago Kansas City borrowed a vast fortune to build the P&L District and it opened amid a historic collapse of the American housing market. There are some who say the district never really got of the ground as it CONTINUES TO LOSE AT LEAST $15 MILLION EVERY YEAR for City Hall. Now history could be repeating itself with an upcoming rate hike that might serve as a reality check for unchecked and irrationally exuberant Kansas City borrowing for development . . .
Here is an EXCEPTIONALLY INFORMED insight from a TKC Reader that should give insiders a moment of pause . . .
Kansas City Federal Reserve Bank President, Esther George, is a leader nationally in calling for higher interest rates to prevent a new asset bubble. Some would say the asset bubble is already here.
Recent stronger economic data have other Fed leaders now talking about an interest rate increase, maybe in June.
Recent headlines about Fed Chairman Janet Yellen underscore the shifting attitude about raising rates ... Led by George in Kansas City.
Just a bit more data we've found interesting . . .
The Fed Setting Up For A U.S. Dollar Collapse If No June Rate Hike
For those who think they can hide from it all . . .
Why the Fed’s Interest Rate Rise Will Crash Gold in June
There are a lot of people who write off this talk when it comes from conservative media outlets, here's the nation's paper of record forced to at least acknowledge the prospect . . .
New York Times: Listen Carefully for Hints of the Next Global Recession
And so, once again Kansas City is building up a slate of development projects only to be confronted by horrible economic news in the grand scheme of things . . . The only tragedy is that local leaders don't understand the cycle of cheap money that facilitates their borrowing and building tourist attractions when that time and money could be better spent buffing up neighborhoods and infrastructure.
Either way . . . So much happy talk and hype always ignores macroeconomic forces which predestine the financial fate of our city and our lives more than anyone would care to realize.
And all this inspires our playlist tonight . . .
As always, thanks for reading this week and have a safe and fun Saturday night.
You wanna be really scare Tk. Look at Trump's plan to save the economy that even financial forecasters are saying is foolhardy.
ReplyDeleteBy the time interest rates eat what little there is left of the KCMO city general fund, Sly will be safely in Washington working his new gig with the Hillary Clinton administration.
ReplyDeleteThanks to all the insider contributors to his campaigns and a special thanks for the gullible KCMO taxpayers for funding his endless self-promotion so lavishly.
Couldn't have done it without all you folks.
Frosty!
...I love sitting on the shore gazing at the Chinese ships bringing in a new load of technology they have stolen from us. How nice that we don't have tariffs on a bit of it. Gotta love dumb butt America.
ReplyDeleteI thought that nigger Obama said the economy was doin great what a fuckin liar Kansas City is full of obamas
ReplyDeleteYou libs are dumb why are all the states and cities that have been run by libtards goin bankrupt
ReplyDeleteThat's how dumb you are 9:16 Detroit has been run by republicans and it went bankrupt
ReplyDeleteNonsense. The stock market was up +44.93 at the close of yesterdays trading.
ReplyDeleteCoons ruined Detroit
ReplyDeleteHow many Kansas City area prosecutors are taking payoffs on the down low to look the other way while cops collect money for murdering people?
ReplyDeletea
ReplyDeleteAre you interested in data?
The preacherman on the TV is telling me that I need to be investing in 30 gallon buckets of mac and cheese.
ReplyDeleteI'm all mixed up.
He's probably diabetic and a candidate for limb removal, too. Preachers give more advice from the example of their lifestyles more than anything else. They arent smart about anything but continue to pump a nonexistent God into the mind of fools.
Deletefuck it, how bout them royals!!!!!
ReplyDeleteKC's economy hasn't been the same since Sept. 11th 2001. And those surface parking lots that everyone hates? Those were filled with people who were going to JOBS. That's the only thing that's missing from Kansas City, real work for someone besides lawyers and waiters.
ReplyDeleteWanna see real Chaos vote for that fool Clinton.
ReplyDeleteThe White House will be a Whore house with those 2 in it.
^^^^^^^^Word
ReplyDelete^Nonsense^
ReplyDeleteA whore house? Really?
Donald Pocahontas Trump is a fool. How else do you explain insulting the only female Rethuglican Hispanic Governor.
Shut the fuck up asshole. Just wait till you see what I post on Topix in your area. I will also contact Topix and show them some of your postings and tell them if they remove them I will sue them.
ReplyDeleteDidn't Trump's grandfather make his money as a pimp and opium den owner on arriving in America?
ReplyDeleteDevelopment can always be risky. But we need the city's help to move KC forward!
ReplyDeleteForward to what? You White people and your wild imaginations!
ReplyDeleteOf course Obamy thinks the economy is great. For the first time in his life he is living in a house full of coons and none of them are on food stamps.
ReplyDeleteByron is just like all the other libs he's uninformed hey Byron did you here about the debt under Obama 19.5 trillion facts are facts and when it comes down to it and your peeps lose all the welfare cause they don't want to work we ll see the character of the kc people it will be killing fields compared to a already violent dump good luck
ReplyDelete