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Thread: American Politics

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  1. #17990
    Quote Originally Posted by EihTooms  [View Original Post]
    Moving to Thailand does not exempt anyone from paying USA Federal taxes, State Property Taxes or any number of other taxes even if you are not gainfully employed there, including FICA if you are still employed by a USA based enterprise.
    Yes, you are getting a $4000 check from the government and your paying back $500 of that $4000 is what you consider paying taxes.

    As for paying taxes when abroad, you are lying about that too. https://www.irs.gov/individuals/inte...come-exclusion.

    For tax year 2023, the maximum foreign earned income exclusion is the lesser of the foreign income earned or $120,000 per qualifying person. For 2023, the housing amount limitation is $36,000; for 2024, it is $37,950. So you can make $158,000 or so abroad and not pay taxes and if you made that in Thailand, you would be living like a king.

    Quote Originally Posted by EihTooms  [View Original Post]
    I have paid Thousands in USA Federal taxes and California State People taxes every year I have lived in Thailand, 13 so far, and therefore have been paying USA Federal and State taxes annually for 58 consecutive years. In part, to keep your ass out of poverty.
    Typical Democratic douche. I have not taken a dime in government money my whole life. As for paying taxes, I bet you are getting more money back from the government than you are putting in.

    Quote Originally Posted by EihTooms  [View Original Post]
    IAnd on the issue of why you or anyone else should pay the FICA tax that funds Social Security, here are a couple of links for how life was shit even for younger Americans pre Social Security and a recent Wisconsin study that could easily be extrapolated to every state.
    OMG, you have a study where my giving you money is a good thing? I am shocked, shocked by such a study.

  2. #17989
    And Tesla and tourism in USA keeping on falling, when USA have so bad image with Trump and his gang: Vance, Musk. Failure, not MAGA.

  3. #17988
    Quote Originally Posted by Spidy  [View Original Post]
    Dude, when your logic is flawed, there is no amount of math or FOXY Muse, right-wing propaganda that's gonna make it right.

    I still haven't seen the links where gov't spends 2/3 of tax dollars "...to lazy asses like yourself" as you claimed. Last I checked Social Security, Medicare and the national debt/interest, were all part of gov't services.
    And who do you think pays for those "services" oatmeal for brains? And unlike roads, defense, and museums, please tell me as a taxpaying citizen how paying for my own health insurance and that of another person benefits me? How does paying your social security so you can bang hookers helps me? You are so stupid that you think government does the paying when it takes that money from people like me and Elon Musk.

    Quote Originally Posted by Spidy  [View Original Post]
    But let's be REAL! The president Musk, DOGE fiasco, isn't really about finding "gov't inefficiencies", but rather to gut those American governmental institutions, as if they were kind of corporate business in a "private equity" takeover whereby "move fast and break things", is the order of the day.
    https://abc7.com/does-elon-musk-pay-...esla/11402993/

    With a top tax rate of 40.8%, he faces of a federal tax bill of about $10.7 billion from the exercise of these shares.

    This is the most in taxes any American has paid in history, and you Democratic douches are protesting he does not have the right to see where it goes? Oh, no, Elon, you are going to pay hundreds of millions for Democratic douche causes like DEI and LGBTQ in Cambodia and Zimbabwe, and you are going to like it.

    Taxpayers have no right to say where their tax dollars go should be the Democratic douche slogan of the year.

    And the people protesting Musk are being paid, and the funny part is after the US AID scandal we have been seeing that a lot of that money that has been paid to protesters has come from the government taxing Elon. Oh, the government pays these NGOs and they do the end runs around the Constitution and the censorship and pay the protestors. Working people are too fucking busy working to protest oatmeal for brains. I guess your dream scenario is all the people working at Tesla lose their jobs.

    As for interest payments on the debt, that goes to some of the richest people in the world. It also goes to countries holding the bonds like Japan and China. And please enlighten me on how my paying interest on the national debt to the CCP is a "government service" that benefits me.

    And half of that 39 cents in interest payments was accumulated during Covid oatmeal for brains. And you do not want to talk about that? Yeah, that is because you are not the one paying taxes.

    It is funny we hear ad nauseam that women are underpaid compared to men. Why does no one bring up that men are paying a shitload more in taxes?

    The USA is mum about this but the UK has been honest, In the last tax year men paid 92 billion in income tax whereas women paid 36.8 billion, which is 60% less. https://fullfact.org/economy/are-wom...-tax-men/There are more women in the workforce than ever before, and yet they still contribute 60% less in income tax than men.

    And when you demonize tax paying men, they leave. https://hannity.com/media-room/come-...ou-dinner/This was governor of New York Andrew Cuomo during the pandemic "I literally talk to people all day long who are now in their Hamptons house who also lived here, or in their Hudson Valley house, or in their Connecticut weekend house, and I say, 'You got to come back! We'll go to dinner! I'll buy you a drink! Come over, I'll cook! The Democratic governor said Monday.

    Why in the fuck would Elon want to invest in the USA after this stupid shit? People can not only move from New York to Florida, they can move from the USA to Thailand and work there and not pay any USA taxes. That is the same douche move you and Tooms did. Hell, Elon has already moved from California to Texas, and California lost out on billions in taxes.

    What really cracks me up is the guy who mentioned the two out of every three tax dollars goes to someone else was Aaron Clarey. He wrote a book called a world without men and it was an eye opener but what really should scared Democratic douches like you is he advocates for a minimalist life style. He thinks as I do the reason men work hard is to get women, and given how ungrateful American women are, you buy used, do your own repairs, and try to get by with generating as little income as possible because when you make money, the government steals so much. He estimates that a man living the minimalist lifestyle can get by on $20,000 per year and if that happens, you can kiss your social security goodbye.

  4. #17987

    Trump just stole Billions and Billions and Billions from us!

    Why oh why oh why did Trump suddenly "soften his stance" on the people of the United States of America being given Billions and Billions and Billions of dollars from other countries to pay for everything we want from Childcare, we need Childcare because Childcare is Childcare and groceries, damn I'm glad Trump invented that word, without it costing the people of the USA anything?

    How dare he!

    Especially since all those other countries have been ripping us off bigly and taking us for a ride on the Trade Deals previous presidential administrations stupidly negotiated to allow them to rip us off and take us for a ride!

    Such as the Trade Deals the previous Donald J. Trump administration, well, Donald J. Trump himself, spent years stupidly negotiating with China, Mexico, Canada, etc allowing them to do that to us just a few years ago.

    And now, just as the American people were finally going to be given Billions and Billions and Billions of dollars those stupid previous presidential administrations, well, stupid previous presidents like Donald J. Trump ripped off from us up until now he has decided to let those other countries keep all that money they ripped us off for, leaving the American people high, dry and still medium sized ripped off!

    Dow rallies 1,000 points after Trump softens stance on Powell, China tariffs.

    https://www.cnbc.com/2025/04/22/stoc...ndroidappshare

    And, BTW, don't even think this sudden "softening stance" for Trump has anything to do with the stock market, which Trump barely pays any attention to, or his meeting with these elite corporate CEOs or those "Democrat Party Hoax" protests or that his number one political donor's wealth is plunging by the hour! Just DON'T! Because Trump is so smart and so wealthy and he doesn't need anybody else's money and his main mission is never ever ever to CAVE on these things while really teaching that Xi guy a lessen he will never forget!

    Trump hosts Walmart, Target and Home Depot CEOs for tariff meeting.

    https://www.cnbc.com/2025/04/21/trum...ndroidappshare

    President Donald Trump met with Walmart CEO Doug McMillon, Target CEO Brian Cornell and Home Depot CEO Ted Decker to discuss tariffs.

    Walmart is in a better position to weather Trumps protectionist trade agenda than many of its competitors.

    Trumps aggressive tariff policies have caused uncertainty both for investors and business leaders, many of whom rely heavily on imported goods.
    Really.

    Swear to god.

    It's true.

    Really.

    Well. He might flip on this decision and change his mind about it.

    But, either way, it will make all of us rich.

    Really.

    Swear to god.

  5. #17986

    LOL. President MuskTrump did get that memo.

    Quote Originally Posted by Spidy  [View Original Post]
    (...kkkk!) Tell me again, why record number of Americans from Alaska to Alabama are protesting Musk-Tesla and the Fuhrer and billionaire robber barons, in nationwide demonstrations, dubbed "Hands Off!" and "Tesla Takedown"? So much for your "all for show", workman and working class empathy, you love to sling about, when it's convenient and especially when the Dems are in office.

    Leave it to Elvis 2008, to think Repub gov't ineptitude, trampling on the rights and civil liberties of Americans, bad governance, an even worst stewardship and the worst stock market performance in April, for a starting presidents in their first 100 days, is somehow...a win? (...kkkk!)

    What don't you get about, millions of Americans protesting on "50 State Hills" all around the country, in the streets, wanting to oust your "tone-deaf" president. Pay attention to the American people and what they're telling you, about your inept governing Repub party and Fuhrer.

    So Yeah, when protestor plaques say "Trump do the world a favor and S T F U!" tells you, American's have lost confidence in your Fuhrer! Is it any wonder Buffett, went to mostly cash!
    President MuskTrump might not have gotten, read, comprehended or believed the Everything Trump Touches Turns To Shit And Dies memo.

    But he sure got that Our Glaring Repub MAGA Failures Are Just A Democrat Party Hoax memo, read it, comprehended it and perhaps blitheringly believed it, although that last part has nothing to do with him and all the other MAGAs repeating it.

    Here is a hilarious 7 minute video showing the millions of anti-President MuskTrump protestors all around the country, in every state really, that Musk's MAGA Mental Misalignment has concluded is a "hoax", they actually love him but are either paid "wasteful, fraudulent and abusive" money to protest against him or are all so addicted to the "wasteful, fraudulent and abusive" money, NONE of which he and his Dogies have yet to discover, uncover and indict for, that they come out en masse merely "pretending" to oppose him and his methods so the "wasteful, fraudulent and abusive" money keeps flowing in making everyone as rich as he is. Er was.

    LOL. It is a MUST SEE video:

    https://youtu.be/wU23jm417-k?si=Hplv3iO8H3g9ruUQ
    Attached Thumbnails Attached Thumbnails Screenshot_20250423_004602_Facebook.jpg‎   Screenshot_20250422_110606_Facebook.jpg‎   Screenshot_20250422_181053_Facebook.jpg‎  

  6. #17985

    QAnon/MAGA/Repub ineptitude for the WIN...kkkk!

    Quote Originally Posted by Elvis 2008  [View Original Post]
    LOL. Given how much Tesla and Truth Social have fallen, you will have to tell me how Trump and Musk are getting rich off Trump's administrative scheme. For those of us who can do math, they have been hurt a lot. They just have the reserves to withstand it.

    LOL again. Musk did more for global warming than anyone, and for a dyed in the wool EV loving Democratic douche like yourself, it is amazing to see you all pull the rug out from under him because he got tired of the insane Democratic antics.

    Musk looked at the insane trade and budget deficits and he knows as I do that unless those are gotten under control, the USA is done. Sure, I would have preferred a gradual rollout versus the Trump shock and awe tariff campaign but the USA HAS been getting screwed on a lot.
    (...kkkk!) Tell me again, why record number of Americans from Alaska to Alabama are protesting Musk-Tesla and the Fuhrer and billionaire robber barons, in nationwide demonstrations, dubbed "Hands Off!" and "Tesla Takedown"? So much for your "all for show", workman and working class empathy, you love to sling about, when it's convenient and especially when the Dems are in office.

    Quote Originally Posted by Elvis 2008  [View Original Post]
    Again, LOL. The guy has been in office for 3 months. I am going to judge him based on whether he can tame the federal deficits, trade deficits, get us out of Ukraine, pull us out of NATO, and tame the beast that was the ever ravenous deep state.

    On that last point, Trump has hit a home run. Say what you will about DOGE and how it did not achieve the cost savings desired. The deep state is reeling and the the government reports on censorship and Covid have been what we all expected from this administration. As for Colombia University, it folded like a cheap suit, and Harvard is so damned stupid, they risk losing their tax exempt status, and Matt Taibbi did a piece on Harvard that was an amazing takedown. If you just read or listen to the lame stream media, you missed it.

    And yes, why is Harvard, a place where people working for their hedge / endowment fund and are making millions, tax exempt Spidy? When you talk about the robber barons and evil venture capitalists, people working the Harvard hedge fund does not come to the top of your list, does it?
    Leave it to Elvis 2008, to think Repub gov't ineptitude, trampling on the rights and civil liberties of Americans, bad governance, an even worst stewardship and the worst stock market performance in April, for a starting presidents in their first 100 days, is somehow...a win? (...kkkk!)

    Quote Originally Posted by Elvis 2008  [View Original Post]
    So your party is what you condemn, Spidy. You condemn Musk not when he is sucking off the government but when he goes Republican. You blast hedge fund and greedy capitalists but not YOUR greedy capitalists.

    If the Democrats had a plan to do all that I said, I would consider jumping ship. The most laughable part is the Democratic party is so bought and paid for, they had to roll out Bernie Sanders as he was the one voice that was at all anti-establishment. Thing is it would be hard to underestimate what a complete ass Bernie made of himself during the RFK Jr. Senate hearings and his onesy comments. Again, you probably did not hear about it.

    So yeah, I do wish Trump would tone it down a bit as opposed to his brash take no prisoners attitude, but he is who we have. Any other pol once he got where Trump is would have flipped. He would have played ball. He would have taken the money the lobbyists had given him and changed positions. Why the fuck did Bernie turn on RFK Jr? Why the fuck is Bernie caring about big pharma? It is comical, and Bernie is the best you all have.

    You all keep going on about how great Dems are, but none of you have a plan to balance the budget or lower trade deficits. All you have is griping at Trump and demanding human trafficking illegals get due process. Unfucking real. THAT is the hill you all want to die on?
    What don't you get about, millions of Americans protesting on "50 State Hills" all around the country, in the streets, wanting to oust your "tone-deaf" president. Pay attention to the American people and what they're telling you, about your inept governing Repub party and Fuhrer.

    So Yeah, when protestor plaques say "Trump do the world a favor and S T F U!" tells you, American's have lost confidence in your Fuhrer! Is it any wonder Buffett, went to mostly cash!

  7. #17984

    QAnon/MAGA/Repub Clowns, good stewardship, not in their vocabulary...

    Quote Originally Posted by Elvis 2008  [View Original Post]
    LOL. If you paid attention to jack shit, this would be easy. Let us go with three items: Social security is taxed at approximately 13%, Medicare at 3%, and the last one is payment on the national debt. 39% of all tax revenues go to pay interest on the debt. https://www.fox29.com/news/how-much-...-national-debt.

    That is 55% and does not include Medicaid, Welfare, grants, federal pensions ETC. Given how much interest rates have gone up, two out of every three dollars is probably conservative.

    That is powerful? LOL. If you say so. If government was not such a drain, such an explanation would not be necessary. Yes, govenment that sucks up 20% of GDP does do some good. Does it do enough good to justify that much money? Hell no!
    (...kkkk!) Dude, when your logic is flawed, there is no amount of math or FOXY Muse, right-wing propaganda that's gonna make it right.

    Where are the links, Carnac the Magnificent?
    Quote Originally Posted by Elvis 2008
    Two out of every three paid tax dollars does not go to any government service whatsoever. It is redistributed to lazy asses like yourself. Got that? Two in three tax dollars goes to someone else.
    I still haven't seen the links where gov't spends 2/3 of tax dollars "...to lazy asses like yourself" as you claimed. Last I checked Social Security, Medicare and the national debt/interest, were all part of gov't services. How your tax dollars are spent: https://www.ramseysolutions.com/taxe...r-tax-money-go

    Just because you, your Fuhrer and FOXY Muse, want to oversimplify federal spending and misrepresent the purpose of tax dollars, and call Social Services, Medicare, Medicad, ...etc "nothing", like president Musk and DOGE are doing, then by all means, have fun down that rabbit-hole, it doesn't mean I'm gonna follow.
    • The U.S. government collects taxes from taxpayers to finance a range of public services and the institutions that provide those services. In 2023, the IRS collected $4.7 trillion in federal taxes.
      The five largest budget items in the federal budget usually include: Health, Social Security, national defense, interest on the national debt, and income security programs.

      In most years, the federal government operates in a budget deficit—meaning it spends more than it makes. As a result, the government ends up borrowing money to make up the difference and increases the national debt in the process.

      While you may have little control over how the government spends your taxes, you can prepare yourself for tax season and take advantage of ways to lower your tax bill.

      Even right-wing business mogul, Dave Ramsey recognizes the importance of gov't taxation and the good of the public services they provide: https://www.ramseysolutions.com/taxe...r-tax-money-go

    The question isn’t "why should I pay my fair share of taxes?" but "what kind of society do YOU want to live in? And so far these so called "gov't inefficiencies" claimed by DOGE haven't yet materialized.

    But let's be REAL! The president Musk, DOGE fiasco, isn't really about finding "gov't inefficiencies", but rather to gut those American governmental institutions, as if they were kind of corporate business in a "private equity" takeover whereby "move fast and break things", is the order of the day.

    What YOU MAGA morons, often forget, is the balance! While good governments can't and should run operations totally like a business, they can neither operate totally as a charity.

    Ultimately, this is were "good governance and good stewardship", comes into play.

    Your Fuhrer and the QAnon/MAGA/Repub clowns, have neither!

    Quote Originally Posted by Elvis 2008  [View Original Post]
    I did not say it would happen with Biden. In fact, I have said when I predict things it is not based on the when but the how. Yes, if the amount of tax dollars going to interest payments keeps going higher and higher, and the only other person I have seen talking about this is Elon Musk, there will be a recession or worse. Historically, when the percent of tax revenues going to interest payments exceeds 30%, default is thought to be inevitable, and we are past that.
    (...kkkk!) Backpedaling again! Do what you do best, Carnac the Magnificent!

  8. #17983

    How to balance the Federal Budget

    Eliminate Corporate / Ag Welfare. Eliminate the pay as you go Social Security System and have it funded in the same way that pensions used to be funded. Cut Defense Spending. Pay down the debt. Make a balanced budget a requirement. Government Borrowing can be authorized only for spending on long term capital projects.

    In Additional

    Flat Across the board 100% Tariffs on all goods (no exceptions).

    Fire the Fed Chairman.

    Allow POTUS to be the Chairman of the Fed.

    Lower Rates.

    ROTFLMAO!

  9. #17982
    Quote Originally Posted by Spidy  [View Original Post]
    Agreed! The Repubs are great at picking the pockets of their gullible MAGA masses and redistributing it to their own billionaire robber baron pockets.
    LOL. Given how much Tesla and Truth Social have fallen, you will have to tell me how Trump and Musk are getting rich off Trump's administrative scheme. For those of us who can do math, they have been hurt a lot. They just have the reserves to withstand it.

    Quote Originally Posted by Spidy  [View Original Post]
    Yeah, the irony of what president Musk is doing with DOGE, lies in the fact that Musk, who has built his fortune largely through government aid, subsidies, and contracts, is now leading an aggressive campaign to slash federal spending and dismantle agencies, that helped fledgling individuals and organizations, like his own, back-in-the-day.
    LOL again. Musk did more for global warming than anyone, and for a dyed in the wool EV loving Democratic douche like yourself, it is amazing to see you all pull the rug out from under him because he got tired of the insane Democratic antics.

    Musk looked at the insane trade and budget deficits and he knows as I do that unless those are gotten under control, the USA is done. Sure, I would have preferred a gradual rollout versus the Trump shock and awe tariff campaign but the USA HAS been getting screwed on a lot.

    It was funny when Zelensky mouthed off to Trump and Vance and then ran back to his European supporters. Europe had a meeting about what they were going to do. The European leaders declared they were not going to stand by and let Russia take over the continent and they were going to step up in the wake of the USA and its declining leadership. There were big words, and in the end, after declaring the Ukraine war was this major emergency, they gave Ukraine no money and all they agreed to do was meet again several months later.

    Quote Originally Posted by Spidy  [View Original Post]
    Whether RIGHT or WRONG or whether they DID or DID NOT meet their targeted goals, it was still a tangible plan of action and a document for all to see, to hold gov't ACCOUNTABLE, to their own praise or bullshit, to what they said would work, actually worked, the way they said.
    Again, LOL. The guy has been in office for 3 months. I am going to judge him based on whether he can tame the federal deficits, trade deficits, get us out of Ukraine, pull us out of NATO, and tame the beast that was the ever ravenous deep state.

    On that last point, Trump has hit a home run. Say what you will about DOGE and how it did not achieve the cost savings desired. The deep state is reeling and the the government reports on censorship and Covid have been what we all expected from this administration. As for Colombia University, it folded like a cheap suit, and Harvard is so damned stupid, they risk losing their tax exempt status, and Matt Taibbi did a piece on Harvard that was an amazing takedown. If you just read or listen to the lame stream media, you missed it.

    And yes, why is Harvard, a place where people working for their hedge / endowment fund and are making millions, tax exempt Spidy? When you talk about the robber barons and evil venture capitalists, people working the Harvard hedge fund does not come to the top of your list, does it?

    So your party is what you condemn, Spidy. You condemn Musk not when he is sucking off the government but when he goes Republican. You blast hedge fund and greedy capitalists but not YOUR greedy capitalists.

    If the Democrats had a plan to do all that I said, I would consider jumping ship. The most laughable part is the Democratic party is so bought and paid for, they had to roll out Bernie Sanders as he was the one voice that was at all anti-establishment. Thing is it would be hard to underestimate what a complete ass Bernie made of himself during the RFK Jr. Senate hearings and his onesy comments. Again, you probably did not hear about it.

    So yeah, I do wish Trump would tone it down a bit as opposed to his brash take no prisoners attitude, but he is who we have. Any other pol once he got where Trump is would have flipped. He would have played ball. He would have taken the money the lobbyists had given him and changed positions. Why the fuck did Bernie turn on RFK Jr? Why the fuck is Bernie caring about big pharma? It is comical, and Bernie is the best you all have.

    You all keep going on about how great Dems are, but none of you have a plan to balance the budget or lower trade deficits. All you have is griping at Trump and demanding human trafficking illegals get due process. Unfucking real. THAT is the hill you all want to die on?

  10. #17981
    Quote Originally Posted by Spidy  [View Original Post]
    Great Article and spot on, w/r to the tremendous amount of gov't cheese, that help him build his business, when other investors were cutting bait!

    Yeah, the irony of what president Musk is doing with DOGE, lies in the fact that Musk, who has built his fortune largely through government aid, subsidies, and contracts, is now leading an aggressive campaign to slash federal spending and dismantle agencies, that helped fledgling individuals and organizations, like his own, back-in-the-day.

    The contradiction and hypocrisy, underscores how Musk's rhetoric of "efficiency" clashes with his history of heavily subsidized and leveraged government assistance and resources, to build his empire, by the very system he now seeks to dismantle.
    I've pointed out before. Only in the Dis-United States of America could we have the richest man in the world posing with a chainsaw as he angles to dismantle and eliminate that benefits that the poorest of the world get. Sociopathic if you ask me.

    It is the way of the Republican Racists!

  11. #17980
    Quote Originally Posted by Nyezhov  [View Original Post]
    Tell us why you split Richmond Va for the DR?
    Tell us why you split Richmond, VA? Confederate son living in a Cambodian Slum. How Ironic?

  12. #17979

    Fuhrer, President Musk and Repubs Gov't Assistance Hypocrisy...

    Quote Originally Posted by SubCmdr  [View Original Post]
    That is what the Republican Racists are best at.

    Those who cannot think for themselves are destined to have others think for themselves. People are looking to be rescued. The Republican racists are giving the hope by blaming others in order to distraction from the greatest income / wealth distribution inequality in the entire world.
    Agreed! The Repubs are great at picking the pockets of their gullible MAGA masses and redistributing it to their own billionaire robber baron pockets.

    Quote Originally Posted by SubCmdr  [View Original Post]
    Our Republican Racists make the statements, tell the lies, but then do not back anything up with facts.

    https://www.cbpp.org/research/federa...tax-dollars-go

    Here is one for you Spidy. Let's see if the Republican Racists among us address it.

    FACTS, nah the Republican Racist don't want no facts.
    Remember how past administrations (that knew how to govern), had always provided reams of documents, binders and pages of synopsis, detailing how something "like tariffs", would be implemented, or how they were going to work, and what or how the expected results and metrics would be measured? And these were available to the public, as a documented economic strategic plan of action.

    Whether RIGHT or WRONG or whether they DID or DID NOT meet their targeted goals, it was still a tangible plan of action and a document for all to see, to hold gov't ACCOUNTABLE, to their own praise or bullshit, to what they said would work, actually worked, the way they said.

    Today, it's just the American Fuhrer's Jedi Mind Trick, as he loves to say "Just TRUST ME!", and has all his sycophants parroting, "...just trust the president. Trust the process on tariffs..."

    Yeah NO FACTS, do documentation and therefore NO ACCOUNTABILITY! Just a clown show on continual, rinse, recycle and repeat!

    Quote Originally Posted by SubCmdr  [View Original Post]
    Let us not forget that Musk has built not one but to billion dollar business directly on the back of decades of government research and then received DIRECT support for his businesses.

    OH SHIT! Here is another link:

    https://www.washingtonpost.com/techn...racts-funding/

    How you like me now?
    Great Article and spot on, w/r to the tremendous amount of gov't cheese, that help him build his business, when other investors were cutting bait!

    Yeah, the irony of what president Musk is doing with DOGE, lies in the fact that Musk, who has built his fortune largely through government aid, subsidies, and contracts, is now leading an aggressive campaign to slash federal spending and dismantle agencies, that helped fledgling individuals and organizations, like his own, back-in-the-day.

    The contradiction and hypocrisy, underscores how Musk's rhetoric of "efficiency" clashes with his history of heavily subsidized and leveraged government assistance and resources, to build his empire, by the very system he now seeks to dismantle.

  13. #17978
    Quote Originally Posted by EihTooms  [View Original Post]
    Because some of us banked the historic stock market gains earned under previous Dem administrations in order to mitigate the pain of the inevitable dramatic downturn under Repub administrations.

    The same as Buffett just did at the end of Biden's presidency.

    https://www.cnbc.com/2025/04/08/warr...ndroidappshare
    Eih Tooms just hit a drop the bat and walk off grand-slam.

    I wrote this in the Thailand Lounge and Chat. Please note it is a quote that you can review in it's entirety word for word by hitting the view original post link.

    Quote Originally Posted by SubCmdr  [View Original Post]
    Money is not a problem for me and my crew. We have multiple income sources. The stock market going down is an unfortunate but cyclical action over time. Unless your are funding you day to day expenses using dividends paying stocks, those dividends being cut is the only way the current decline in the economy of the DisUnited States of America can effect ANY individual holding stocks. The real effect is purely psychological. It is call the WEALTH effect. You see you have less wealth so you feel like you need to spend less money. Personally I have never let the up and downs of the stock market affect my day to day expenses. Me and my crew have lost some money. But we all have war chests of cash in reserve and are currently hunting for bargains.
    The members of my crew who followed my lead and took profits in December of 2024 and January of 2025 are sitting pretty like me. I just looked at some reports about my portfolio and the numbers are EYE POPPING!
    When you are a true trader you make money in both up and down. markets. My money that remains in the stock market is house money. I have long before removed my original investment and a substantial portion of my profits. Holla!.
    Ballin like Stock Market Pro!
    I took money out of the stock market and put it into income producing real estate.
    Get right wit ya!

  14. #17977
    Quote Originally Posted by NewtonYork  [View Original Post]
    How are you guys not affected by all this?
    The amount I'm down in my brokerage account is something akin to a years worth of expenses and cost of living shit. If I had the smarts to sell my mag 7 positions before all this happened, I coulda quit my job and lived off of it for a year at least. Kinda ride this out. Maybe even have a trip or 2 to Thailand. Fuck, this is sad. I'm so so sad.

    I don't get how you guys can be so happy in the midst of all this. Do we not all live on the same planet? Aren't we all buying the same groceries? Paying taxes? How are all of you so carefree about all this? We're literally dying here. Going homeless soon for a lot of us. Come on guys. Have some sympathy dudes.
    Because some of us banked the historic stock market gains earned under previous Dem administrations in order to mitigate the pain of the inevitable dramatic downturn under Repub administrations.

    The same as Buffett just did at the end of Biden's presidency.

    https://www.cnbc.com/2025/04/08/warr...ndroidappshare

    Buffett is defying that downward trend with a cautious approach: The "Oracle of Omaha" compiled a record $334 billion in cash at the end of 2024, according to SEC filings.

  15. #17976

    The Supreme Court rule 7-2 in favor of due process and the rule of law!

    https://vm.tiktok.com/ZNdYu2eGq/

    This is old news. The Professor does not know. Since he doesn't he better ask somebody. That somebody is me.

    Quote Originally Posted by SubCmdr  [View Original Post]
    The Republican Racists taking a beating when it comes to the RULE of LAW!

    US Supreme Court orders temporary halt to deportations under antique law

    Block on removal of migrants without due process sets up the possibility of another challenge by the Trump administration to the power of the courts.

    Like a NBA Highlight reel. Got blocked.

    Oh, that was nasty!
    Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett all appointed by our current POTUS. All voted that DUE PROCESS AND RULE OF LAW remains the law of the land.

    To all the chicken littles screaming democracy is ending that don't know how the constitution of the United States work: you don't know what you are talking about!

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