American Politics

[EihTooms]

So last week, while the Dems and President Joe Biden, were hard at work advancing the lives of Americans, by saving and creating jobs for Americans, from the likes of House Speaker, Cristofacist Mike Johnson, to creating 2,300 union construction jobs, to 2,000 permanent jobs announced at an AI Microsoft Data Center, in Racine, Wisconsin (WI), clear across the political aisle, "Do Nothing", "Know Nothing" Repubs ONLY sought chaos and chance to sellout America and take the country backwards in time.

Yes, meanwhile Trump (aka. Mango Mussolini) and Moscow Marjorie (aka. Capital Hill Karen, aka. Cruella DeVil on the Hill), were either, selling out America, taking away jobs from Americans (albeit co-conspirators and election deniers) or looked to plunge America back to the dark ages with salacious pledges of porn-star pussy-grabing misogynist state wide abortion bans, followed by similar mass repudiation on automotive EV and green tech, if the oil and gas industry cronies, should pony-up $1 billion in "political contributions" (ah-hmmmm. Bribes!) to Trump's "campaign coffers".

This Week is DJT look alike Clown Week:

So this week, the short list of Repub candidates, sycophant wannabes and Trump acolytes auditioning for Veep, all lineup as "the friends of Trump" look-alike clowns. All while, making an apparent plea for donations, outside the NYC court house, like some kinda, charity case for wayward billionaire white-collar criminals...PATHETIC!

All ready to demean themselves and denounce the rule of law and the US Justice System, to appease the "gagged" one.

LOL. Yeah, those 5-6 Repub numbskulls who showed up at Trump's current criminal trial because they can't get funding for their election campaigns without that dumb sucker Repub hillbilly money Trump controls constituted the biggest crowd of Trump supporters at his trial so far. Despite Trump's plea for his supporters to show up.

Quite a difference when he doesn't stage his blithering, dementia-exposing, droning speeches in locations where a few thousand tourists and day trippers are going to show up anyway.

I say dock the taxpayer dollars pay of those typical deadbeat Repub members of Congress and Governors.

And in case anyone missed it, their secondary goal was to trash America, the American legal system, the Rule of Law, Law and Order, to intimidate, threaten and endanger the Judge, jury, court staff and all of their families. The Classic "tough on crime" Repub agenda.

But at least it was nice of them to admit there are so few problems left to solve in America today thanks to Bidenomics, Biden's border control, national security and so on that they can just fly off to New York on a whim and skip out on whatever the hell they think their jobs are rather than work for their paychecks.

[Spidy]

So last week, while the Dems and President Joe Biden, were hard at work advancing the lives of Americans, by saving and creating jobs for Americans, from the likes of House Speaker, Cristofacist Mike Johnson, to creating 2,300 union construction jobs, to 2,000 permanent jobs announced at an AI Microsoft Data Center, in Racine, Wisconsin (WI), clear across the political aisle, "Do Nothing", "Know Nothing" Repubs ONLY sought chaos and chance to sellout America and take the country backwards in time.

Yes, meanwhile Trump (aka. Mango Mussolini) and Moscow Marjorie (aka. Capital Hill Karen, aka. Cruella DeVil on the Hill), were either, selling out America, taking away jobs from Americans (albeit co-conspirators and election deniers) or looked to plunge America back to the dark ages with salacious pledges of porn-star pussy-grabing misogynist state wide abortion bans, followed by similar mass repudiation on automotive EV and green tech, if the oil and gas industry cronies, should pony-up $1 billion in "political contributions" (ah-hmmmm. Bribes!) to Trump's "campaign coffers".

This Week is DJT look alike Clown Week:

So this week, the short list of Repub candidates, sycophant wannabes and Trump acolytes auditioning for Veep, all lineup as "the friends of Trump" look-alike clowns. All while, making an apparent plea for donations, outside the NYC court house, like some kinda, charity case for wayward billionaire white-collar criminals...PATHETIC!

All ready to demean themselves and denounce the rule of law and the US Justice System, to appease the "gagged" one.

[SubCmdr]

SC, I agree with you. Also, when I was making fun of your currency arguments, I did not know you were talking crypto.

First off, crypto is often synonymous with bitcoin, and that is a mistake. Most crypto is bullshit but I have kicked the tires on bitcoin, and I cannot see any huge flaws with it.

The reason I was making fun of you on currencies is that JusTK was doing as he always does and bashing the USA and the dollar. Thing is if you look at all the world currencies they are worse than the dollar because the supply of said currency has been increased even more than the dollar. The biggest economy in the BRIC is China, and they have been printing money the likes of which the world has never seen. The Chinese have built so many empty apartments it is up to some crazy number. It was something like they could house everyone in Asia twice. It was something outrageous like that, and price: income ratios for housing in China are the highest in the world. Their economy is set up for an epic collapse.

The other thing the anti-dollar people are always hawking is gold. Platinum is 30 X rarer than gold yet gold has been twice the price of platinum due solely to the hype. So when people hawk gold, I ask why are you not buying platinum instead? And they are so stupid they do not have an explanation, but they think they are geniuses when gold goes up. They think they are smart when in reality they just won a completely random bet.
.

The statements you made in bold is 100% correct.

I have come to the conclusion that Bitcoin is one of the best ways to store value for me. Diversification is important. Land, Income producing Real Estate that gives you positive cash flow, a profitable business that gives you positive cash flow, Stocks both growth and dividend; Precious metals all play a part in one's portfolio. But of the items on the list IMO Bitcoin is superior to them all.

Apology accepted.

[EihTooms]

Center-Right Think Tank Discovers Consumer Buying Power is Greater Today Than in 2019.

This research only extended through 2023. With Bidenomics creating even more jobs with even higher wages along with Trump's Pandemic Inflation being tamed even further into 2024, the American Consumers' purchasing power has no doubt increased well beyond Trump's supposedly "ok" economy years even more than the data stated in this report.

Shhh. Don't anybody tell Mainstream Media about this:

Looking At Consumer Purchasing Power since 2019.
May 16, 2024

https://www.aei.org/economics/lookin...er-since-2019/#text=So%2 see%20 overall%2 see%20 the%20 data%20 might, over%20 the%20 past%20 four%20 years.

The key finding: While households purchasing power generally increased through 2023, the effects varied by income group: The share of income required to pay for the 2019 consumption bundle decreased for all income quintiles, with the highest-income households experiencing the largest decline. In other words, purchasing power increased for all groups.

[SubCmdr]

Personally, I don't give a fuck what the (Dis) United States of America does when it comes to crypto policy. Will not affect me. I have seen the hostility coming for a long time because crypto has the possibility to undermine the reserve currency. That is something the (Dis) United States of America is willing to go to war over. But how do you conduct a war against the entire world (51% attack) who sees the decline happening there and has decided they they need options? How do you conduct war in cyberspace against an unseen, decentralized enemy that exists worldwide.

The users of crypto.

It does not matter if you think I am right or not. I do not have the blinders on like some people do and look at the (Dis) United States of America from the outside. The world sees what time it is. They are taking steps to protect themselves from the drunken, stumbling giant the the (Dis) United States of America has become. Men living in the (Dis) United States of American cannot even pay for a handjob without risking being put on the news, jail and their reputation. No wonder I hear so many individuals referring to it as a "sex prison".

Why do they want to make algorithmic stable coins illegal? Why do they want to make all stable coins in USD to be backed by USD and have to be insured by a entity approved by the (Dis) United States of America? Fear is why. Fear so intense it makes causes water to drip from their knees. Imagine a world without a political class. Where the people actually go and serve and then return to day to day life as the original founders planned. A mass of individuals is more powerful than the political class. Dumb money! That is the real deal.

Fuck um! I saw this coming like a hanging curve ball where you can see the seams on the ball spinning. I have figured out every legal way to avoid being tracked monitored and otherwise having my freedom impinged upon by individuals so old they cannot even use a smart phone.

Cyberspace is space. A US space force member wrote a thesis that Bitcoin is a weapon. That the (Dis) United States of America risks falling behind in the weapons race in cyberspace if they do not change the direction of current crypto policy. This is not just politics. This is big boy stuff. National Defense. The average person does not understand non-kinetic warfare. It may not be able to kill you directly. But if you are deprived of basic infrastructure see what happens to the society to live in. There is a bridge down in Baltimore. Was it a cyber attack?

No, this is not high minded discussion of policy that the individuals usually engage in. This is real world stuff that most ignore. But that is ok. For one of the first times in my life I have a court side seat at an event of historic change. Crypto has made me a sovereign individual. Opened my eyes. Furthermore it has allowed the great unbanked population to bypass the system. Using crypto I no longer need to ask permission to do anything with my money from anyone. That is a powerful thing. Over look that power at your own peril.

But it does not stop there. Growing interest in gold and silver. People see the fiat money system is on it's last legs. I still need it. Because it is still a fiat world, ATM. But for how much longer? That is an interesting question. Adoption is slow, until it isn't anymore.

[Spidy]

Spoken by a person that has never met a payroll in his life.

The businessman does not do it all alone. But the fact is the government does not produce anything productive. FULL STOP!.

Government only has the ability to reallocate capital confiscated from the hard working businesses and workers. PERIOD.

If by "reallocate capital confiscated" you mean TAXES, then OK!

When governments issue money, to stimulate work/productivity, it is understood, that TAXES are a necessary mechanism to keep labor and resources engaged/employed in projects and decrease the amount of money in circulation to keep elevated levels of spending and inflation in check.

You are presenting a chicken and egg scenario: Which came first the productive business or the government to tax the productive business?

Basic questions for you: Where does government get the money to do the projects that provide for greater productivity? Why do they do the projects in the first place? Does the government know how to deploy capital better than the average business person? Why is the Social Security System in the (Dis) United States of America not funded with a sovereign wealth fund?

I will rest at this point and allow you to respond.

After just watching, "Finding the Money (2024)", a documentary on the Modern Monetary Theory (MMT) of economics, I have to wonder, if it would seem, MMT might explain many of your questions?

• MMT Point #1: The Federal Government is the issuer of the currency.
• MMT Point #2: For a currency issuer,...finding the money is NEVER the problem...finding the resources and managing INFLATION is.
• MMT Point #3: Currency issuers DON'T TAX first...they SPEND first.

And YES...MMT is often pooh-poohed as "voodoo economics", by the those on the right, economists like Larry H. Summers and ISG winger economists, but it's gaining traction and is one of the best explanations of how the economy/taxes REALLY functions/works, IMHO!

[Elvis 2008]

Spoken by a person that has never met a payroll in his life.

The businessman does not do it all alone. But the fact is the government does not produce anything productive. FULL STOP!.

Government only has the ability to reallocate capital confiscated from the hard working businesses and workers. PERIOD.

You are presenting a chicken and egg scenario: Which came first the productive business or the government to tax the productive business?

Basic questions for you: Where does government get the money to do the projects that provide for greater productivity? Why do they do the projects in the first place? Does the government know how to deploy capital better than the average business person? Why is the Social Security System in the (Dis) United States of America not funded with a sovereign wealth fund?

I will rest at this point and allow you to respond.

SC, I agree with you. Also, when I was making fun of your currency arguments, I did not know you were talking crypto.

First off, crypto is often synonymous with bitcoin, and that is a mistake. Most crypto is bullshit but I have kicked the tires on bitcoin, and I cannot see any huge flaws with it.

The reason I was making fun of you on currencies is that JusTK was doing as he always does and bashing the USA and the dollar. Thing is if you look at all the world currencies they are worse than the dollar because the supply of said currency has been increased even more than the dollar. The biggest economy in the BRIC is China, and they have been printing money the likes of which the world has never seen. The Chinese have built so many empty apartments it is up to some crazy number. It was something like they could house everyone in Asia twice. It was something outrageous like that, and price: income ratios for housing in China are the highest in the world. Their economy is set up for an epic collapse.

The other thing the anti-dollar people are always hawking is gold. Platinum is 30 X rarer than gold yet gold has been twice the price of platinum due solely to the hype. So when people hawk gold, I ask why are you not buying platinum instead? And they are so stupid they do not have an explanation, but they think they are geniuses when gold goes up. They think they are smart when in reality they just won a completely random bet.

Thing about bitcoin though is unlike currencies the number of bitcoin are fixed. I think anyone trading in bitcoin is fucking nuts. That is gambling pure and simple. However, if you hold bitcoin as a store of value in case the American economy blows up and as an alternative to the ever increasing number of dollars, that makes sense to me. And if that is what you are doing SC, I apologize for dismissing your notion that you were seeking a viable alternative to the dollar. I thought you were on the team of nuts pushing the Chinese Yuan / BRIC currency thing.

[Elvis 2008]

I'll take that as another, "I can't explain it. It is only BS, really. But I have nothing else to gripe over Biden about" response from you.

I'll take that over anything Trump has done even if it accidentally and most certainly unintentionally benefitted someone other than him, his family and America's enemies and adversaries.

You keep wanting to win arguments Tooms. You do not live here. You are thinking the press is against Democrats, and that is why you are a loon Tooms. For those of us in the real world, here was an interview with the executive editor of the NYTimes.

https://www.youtube.com/watch?v=ibRnawBs7J8

When Ben Smith at Semafor asked Kahn about former Obama official Dan Pfeiffer's complaint that the Times does not "see their job as saving democracy or stopping an authoritarian from taking power," Kahn went ballistic.

"I don't even know how it's supposed to work in the view of Dan Pfeiffer or the White House," Kahn snapped. "We become an instrument of the Biden campaign? We turn ourselves into Xinhua News Agency or Pravda, and put out a stream of stuff that's very, very favorable to them and only write negative stories about the other side? And that would accomplish what?

"There are people out there in the world who may decide, based on their democratic rights, to elect Donald Trump as president," Kahn told Smith. "It is not the job of the news media to prevent that from happening. It's the job of Biden and the people around Biden to prevent that from happening. ".

End of link.

So this whole notion that the reason Biden is not winning on the economy issue because of the press is sheer bullshit. In fact, the press is pushing back. The Biden administration has been bullying the press and they are fucking sick of it.

Biden is no longer a breath of fresh air, a rational alternative to Trump but a senile old guy who is losing his marbles and is a lying, power hungry bully. And you can post all the numbers you want about how great things are, but no one living here believes them.

I don't have to make any case. You do because you are losing on the issue.

[EihTooms]

Dwight D. Eisenhower

He was left off the list of Republican Presidents. I know why. Does not fit the narrative.

I know Biden is hostile to crypto. Trump does not need to be pro crypto. Only needs to rein in the current attack dog at the SEC. Congress has already started to put them in check. A President Trump will have the ability to appoint a head of the SEC or have crypto regulated by another agency. CTFC would be better. They know what they are doing. Crypto is not monolithic. The SEC is currently playing dirty with crypto to support political agendas of the current administration.

The defense rests!

What list of Republican presidents was that?

Of course, Eisenhower would be on the list of presidents who presided over notable Recessions. Only in his case his economic policies and stewardship did not produce one Great Recession, which is extremely rare for a Repub president. Instead, there were 3 Recessions during his eight year presidency, any two of which combined were greater than the middling one under Truman and the one that barely qualified as a recession under Carter.

Still, he accomplished his economic requirement to garner respect as a Repub president; he ranks dead last on Job Creation among all two term presidents since 1933:

https://www.statista.com/chart/21137...the-most-jobs/

Imagine how atrocious his job creating record would have been if he hadn't been convinced to continue with the FDR New Deal plan to build the Interstate Highway system that was put on hold during WWII. Members of Congress first had to convince him it was a "Defense Department" project and not really a project to create jobs on construction and even more jobs and better USA infrastcture for the future. Otherwise it is doubtful he would have been pulled away from solidifying our full military commitment in word, deed and treaty to waging war in Vietnam to give it much thought.

[SubCmdr]

Dwight D. Eisenhower

He was left off the list of Republican Presidents. I know why. Does not fit the narrative.

I know Biden is hostile to crypto. Trump does not need to be pro crypto. Only needs to rein in the current attack dog at the SEC. Congress has already started to put them in check. A President Trump will have the ability to appoint a head of the SEC or have crypto regulated by another agency. CTFC would be better. They know what they are doing. Crypto is not monolithic. The SEC is currently playing dirty with crypto to support political agendas of the current administration.

The defense rests!

[SubCmdr]

Are not "a national highway system or a dam that creates infrastructure that allows for greater productivity" something valuable that the government is producing? Should you be paying for it through taxes? Please stop with this crazy mythos that the individual business owner can do it all alone. He benefits from the law and order that governments underwrite; an educated workforce that the governments have a hand in producing; a transport network; etc. ,.

Spoken by a person that has never met a payroll in his life.

The businessman does not do it all alone. But the fact is the government does not produce anything productive. FULL STOP!.

Government only has the ability to reallocate capital confiscated from the hard working businesses and workers. PERIOD.

You are presenting a chicken and egg scenario: Which came first the productive business or the government to tax the productive business?

Basic questions for you: Where does government get the money to do the projects that provide for greater productivity? Why do they do the projects in the first place? Does the government know how to deploy capital better than the average business person? Why is the Social Security System in the (Dis) United States of America not funded with a sovereign wealth fund?

I will rest at this point and allow you to respond.

[EihTooms]

Oh stop. You Democratic douches with your "master scientist: Fauci shut down the economy to get Trump out of office, started the economy back up again when cases were at an all time high, created enormous debt, and are like, "Look it how great our economy is. Look at how many jobs we created. ".

You throw people out of work with Trump. They get rehired when Putin ends the pandemic and you all are like, "Look at how awesome we are. ".

No one is buying your bullshit on this or these stupid fucking court cases.

https://www.youtube.com/watch?v=JbiFFbxw9e4

You think this many people would show off if Biden's economy were with a shit?

Where is Biden's rally like this?

I'll take that as another, "I can't explain it. It is only BS, really. But I have nothing else to gripe over Biden about" response from you.

Biden's rally? 7 million more people voted for Biden than Trump.

That is more people than showed up in or near (for other reasons) all of Trump's rallies combined since he started having rallies almost a decade ago.

That is also more than the net gain in jobs created by Repub potus' economic policies since the day Lincoln was elected.

I'll take that over anything Trump has done even if it accidentally and most certainly unintentionally benefitted someone other than him, his family and America's enemies and adversaries.

[Elvis 2008]

Still waiting for your explanation for how Biden's historic and stronger than any other country's economic recovery from Trump's Pandemic.

Oh stop. You Democratic douches with your "master scientist: Fauci shut down the economy to get Trump out of office, started the economy back up again when cases were at an all time high, created enormous debt, and are like, "Look it how great our economy is. Look at how many jobs we created. ".

You throw people out of work with Trump. They get rehired when Putin ends the pandemic and you all are like, "Look at how awesome we are. ".

No one is buying your bullshit on this or these stupid fucking court cases.

https://www.youtube.com/watch?v=JbiFFbxw9e4

You think this many people would show off if Biden's economy were with a shit?

Where is Biden's rally like this?

[EihTooms]

Sorry to Trigger some dumbAsses here-- DJT shall Be Your Next President-- Get Used to THat. If this post causes you to break down-- Please try do not hurt anyone or yourself--Call 9-1-1.

Red Tsunami, right?

[SubCmdr]

Crypto has become a wedge issue Those politicians on the wrong side of the issue better recognize.

https://www.forbes.com/sites/digital...h=7f7dc894548b