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Comments by mark94 (page 30)

  • discussion comment
    2 years ago
    gammanu95
    My casual drinking is your alcohol poisoning.
    Indian Strippers
    Angela Devi used to work at HiLiter in Phoenix https://www.xvideos.com/models/angela-devi
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    The Grand Jury was unexpectedly canceled today and is not expected to meet again next week. It appears their star witness may have lied to the jury. His lawyer revealed that in testimony to the GJ. Also, exculpatory evidence has been withheld from the GJ. This case is in deep trouble. https://pjmedia.com/news-and-politics/matt-margolis/2023/03/22/soros-funded-da-alvin-bragg-may-have-hidden-exculpatory-evidence-in-trump-case-n1680419
  • discussion comment
    2 years ago
    shailynn
    They never tell you what you need to know.
    China Vs Japan / Russia Vs Ukraine
    The countries that succeed in the new era will be ones with ready access to 1.Good Farmland 2. Energy/oil 3. Consumers ( people age 20-40 ). The US has all of this ( including the consumers in Mexico ). China has none of it.
  • discussion comment
    2 years ago
    shailynn
    They never tell you what you need to know.
    China Vs Japan / Russia Vs Ukraine
    China used the Belt and Road initiative to worm its way into all sorts of under developed countries. Especially Africa. That whole thing has blown up. Countries are defaulting on their debts to China.
  • discussion comment
    2 years ago
    shailynn
    They never tell you what you need to know.
    China Vs Japan / Russia Vs Ukraine
    As globalization collapses, the world will split into regional spheres of economic influence. At first, China and the US will be the hubs of the two most powerful spheres. There will be other smaller hubs, such as Turkey. Then, within ten years, the Chinese aging and shrinking demographics will cause it to fail. Countries that align with the US will do well ( Mexico, Canada, UK, Japan, Australia, possibly India, etc ). Much of the world, especially China, will fall into economic ruin on a biblical level.
  • discussion comment
    2 years ago
    mark94
    Arizona
    If banks fail, who pays ?
    It all traces back to Bill Clinton’s embrace of Wall Street and Hollywood, abandoning the working class. That set all of this in motion. Moving jobs to China. Zero interest rates. High inflation. Trillions in stimulus. Open borders.
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    The modern left takes its marching orders from Saul Alinskys Rules for Radicals: From Wiki: “Alinsky would find an external antagonist to turn into a "common enemy" for the community within which he was operating. Often, this would be a local politician or agency that had some involvement with activity concerning the community. Once the enemy was established, the community would come together in opposition of it. This management of conflict heightened awareness within the community as to the similarities its members shared as well as what differentiated them from those outside of their organization. The use of conflict also allowed for the goal of the group to be clearly defined. With an established external antagonist, the community's goal would be to defeat that enemy” Trump is evil ! Stand with the people ! He belongs in jail !
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    From Just the news “During his first year in office in 2022, Alvin Bragg downgraded 52% of felony cases to misdemeanors, which was up from 39% in 2019 under the prior district attorney, the New York Post reported. His office won felony convictions at a rate of 51%, down from 68% in 2019. His misdemeanor conviction rate was 29%, compared to 53% in 2019. Bragg declined to prosecute 1,119 felony cases during his first 11 months in office compared to 828 declined in 2019 by his predecessor, a 35% increase.” And, yet, he is upgrading Trump’s charges from a misdemeanor to a felony.
  • discussion comment
    2 years ago
    rickdugan
    Verified and Certifiable Super-Reviewer
    Stagflation and the Fed's Catch 22
    This is how you work your way out of stagflation. You improve productivity and grow your way out of it. A US-based developer of small nuclear reactors, Last Energy, has signed a deal to sell 24 of its power plants to UK customers. The £100m modular units, which are two-thirds the size of a football pitch, can output 20MW of electricity, enough to power 40,000 homes. They will be deployed in 2026 with no government funding required. That works out to a one time cost of $3,000 per house ( plus ongoing operation cost ) for reliable, clean electricity for 30+ years. If government would just get out of the way, we could have lower cost energy independence, bringing the cost of everything down.
  • discussion comment
    2 years ago
    mark94
    Arizona
    If banks fail, who pays ?
    The modern Federal Reserve Bank was established in 1913. Up until then, it simply served as a currency clearing house. The Federal Reserve Act gave the Fed massive powers and liquidity to intervene in the market. The Act was developed at a secret meeting of five of the largest Investment bankers and passed by Congress along party lines, with Democrats supporting and Republicans opposing. Since 1913, the Fed has intervened many times to counteract market forces. I would argue it has caused as much harm as good. For example, keeping rates artificially near zero for 15 years has led to the problems we now face. The Fed often over corrects, both on the upside and downside, causing wild swings in the economy and negating natural market forces.
  • discussion comment
    2 years ago
    shailynn
    They never tell you what you need to know.
    Largest Bank Collapse Since 2008 Just Went Down
    From KQED “Nearly half of the country’s bio- and climate-technology companies, many of them headquartered in the Bay Area, banked with Silicon Valley Bank. Last year, SVB committed to investing at least $5 billion in the clean tech industry.” That’s who we ( you and I ) are bailing out. It’s the climate change, woke elite.
  • discussion comment
    2 years ago
    twentyfive
    Living well and enjoying my retirement
    Social Security
    Government programs live on forever, even after the reason for them has died. If we were addressing the economic needs of the older population from scratch today, the system we would develop would look very different from SS. I expect it would focus on the truly needy among the older population who were physically unable to work. Essentially, a disability benefit, not a retirement plan. The idea that people in their 20s should pay so wealthy, healthy seniors can retire in comfort would never fly.
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    Hers some interesting poll data, from CNN no less. Trump has a sizable lead over Desantis as a result of support among people of color. That seems to turn the “ Trump is racist” meme on its head. https://www.cnn.com/2023/03/19/politics/trump-voters-of-color-analysis/
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    Beyond the indictment, there is a good chance this never goes to trial. Trump’s attorneys can delay the start of the trial well beyond November 2024. At that point, either he is President or he is no longer a threat to Democrats. There would be no need for them to pursue it.
  • discussion comment
    2 years ago
    twentyfive
    Living well and enjoying my retirement
    Social Security
    When SS was founded, it was a different time. People felt shame about getting government handouts. So, they designed it to appear to be an investment account where you put money in and got “your” money back at retirement. Even in the 1930s, that was a lie. It has always been a form of wealth transfer with younger people supporting older people. That works fine as long as there are 10 young people working for every retiree. It’s now close to one for one. That’s also why it will be so difficult to reform since people think there is an individual account with their name on it somewhere.
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    “Sources say they expect the top count to be falsifying business records in the first degree, a low-level felony that would allege that Trump and any other co-defendant falsified documents in order to conceal another crime, such as omitting the $130,000 from campaign financial statements.” In other words, they found a way to turn a misdemeanor into a felony.
  • discussion comment
    2 years ago
    twentyfive
    Living well and enjoying my retirement
    Social Security
    I went to a town hall held by my Republican congressman in his Republican district. Everyone agreed on two things. 1. We need to shrink government 2. We shouldn’t cut programs that benefit anyone in the audience That summarizes our situation. We’re doomed.
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    ^ It depends. Did you vote for Trump ?
  • discussion comment
    2 years ago
    rickdugan
    Verified and Certifiable Super-Reviewer
    Stagflation and the Fed's Catch 22
    From the Daily Mail “One of the progressive liberal politicians pushing for reparations in cash-strapped San Francisco also wanted to defund the police, and believes some Honduran fentanyl dealers are human trafficking victims who should be protected rather than prosecuted. “Hillary Ronen is one of the 11 supervisors who will decide on a wide-eyed reparations plan for the city’s black residents that would pay them each $5 million, promise them $97,000 salaries and wipe away personal debt.” They’re from the government. They are better than us. Thank goodness they are looking out for us.😏
  • discussion comment
    2 years ago
    mark94
    Arizona
    Trump indictment looming
    “Trump is an arrogant and vindictive person” I agree. He’s also 100 times better as President than Joe Biden. I can put up with arrogance if it keeps us out of war, lowers inflation, and secures the border.
  • discussion comment
    2 years ago
    rickdugan
    Verified and Certifiable Super-Reviewer
    Stagflation and the Fed's Catch 22
    Bill Clinton and Bob Dole balanced the budget in the late 90s Bill Clinton showed no interest in a balanced budget until Newt Gingrich took control of the House in the mid terms. Newt’s Contract with America promised a balanced budget. So, let’s not be too quick to give Bill credit for it.
  • discussion comment
    2 years ago
    rickdugan
    Verified and Certifiable Super-Reviewer
    Stagflation and the Fed's Catch 22
    Deposits are leaving community banks and going to the big 4, largely out of concerns about securing their money. When questioned this week whether she would protect deposits at, for example, a regional bank in Oklahoma whose depositors are farmers, Yellen said she wouldn’t.
  • discussion comment
    2 years ago
    rickdugan
    Verified and Certifiable Super-Reviewer
    Stagflation and the Fed's Catch 22
    Incidentally, the $100 Billion, give or take, that will be spent to secure the deposits at Silicon Valley Bank, will go to people like Gavin Newsome and Oprah, and organizations like Vox and Buzzfeed. It’s a who’s who of Democratic donors. Not to mention Chinese account holders. But, yes, Chairman Powell, we need you to fix this inflation problem.
  • discussion comment
    2 years ago
    rickdugan
    Verified and Certifiable Super-Reviewer
    Stagflation and the Fed's Catch 22
    Here’s one specific example. The $7,500 EV credit is about to kill off the automotive industry. It is forcing a transition to electric much more rapidly than it otherwise would. The only car company to survive will be Tesla, which has a cost advantage over its competitors. Tesla is building a mega factory in Mexico ( because regulations allow the credit for vehicles made in North America ) which will produce 2 million electric cars with a price of $25,000 within 2 years. At that point, consumers will have a choice between a $30,000 American-made gas car and a $17,500 ( $25,000 minus $7,500 ) Mexican made electric car. That’s happening right now. We are spending untold billions to kill the American auto industry. All, in the name of climate change. It’s insane. Our government at work.
  • discussion comment
    2 years ago
    rickdugan
    Verified and Certifiable Super-Reviewer
    Stagflation and the Fed's Catch 22
    The underlying issues are government overspending, government over regulation ( especially of energy ), and a break down if the supply chain. We are attempting to fix all this exclusively through monetary policy. That’s impossible. The way to fix all this is to go back to the spending levels we had pre-CoVid, encourage energy production ( drilling, nuclear ), and incentivize bringing manufacturing back to North America. Do all that, and our economic problems would be quickly solved.