Trump Assassination Attempt(s)

#7,152
#7,152
SpaceCoastVol said:
Car loans and student loans are SLAVERY. I pay cash for my cars. Student loans are.... well... stupidity on steroids, but I guess a necessary EVIL to some extent. You have to be careful on the return on investment which many idiots don't. And mortgage loans are not the deal you think they are. You wind up paying way more for the asset than you think. At least it is theoretically an appreciating asset. Car loans are just plain stupid.
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The sad thing is you aren’t paying for cars but the unionized labor. I mean who doesn’t have $60k laying around to get a decent, basically equipped truck?
 
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#7,153
#7,153
Jxn Vol said:
I say we sell blue states to Mexico. Then when they default on the loan we take their country. I doubt too many of them will care since Joe let so many in here.

Then we can sell it or rent it. Problem solved.
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They will all just just invade the red states like they are now. They create sh*tholes then leave.
 
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#7,154
#7,154
Carl Pickens said:
He’s mentally ill
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He's a liberal.

shrug-attitude.gif
 
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#7,157
#7,157
LSU-SIU said:
They;re killing me with this inflation man. 🤪
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That isn't an attempt though, economy has been killed a decade ago, and deff final blow from covid closings.....we're still living in the bounce waiting for hyperinflation and anarchy to set in. The attempts to kill the U.S. Economy goes back to the 60's when we were literally the most powerful and indestructable industrial base on earth, with zero reason to fear competition from ANYWHERE. Had the left not been openly murdering that for the past 70 years we still would be.
 
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#7,158
#7,158
LouderVol said:
it also doesn't show a positive correlation. GDP has gone up even when the debt went down. and a large rise in debt was not matched with a large rise in GDP.

this chart makes his claim pretty spurious. that debt is somehow responsible for our growth.
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GDP has also gone down while wages, employment and quality of life increased. 1946 was one of the best years for American workers.
 
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#7,159
#7,159
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#7,161
#7,161
Carl Pickens said:
I’m surprised no one has put Soros down
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Makes one wonder who or what is behind Soros doesn't it? Who got him past all the NKVD check points when he was escaping Germany? Who got him into the LSE? Who gave a kid with nothing millions to start a fund? Soros history is sus as hell.
 
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#7,162
#7,162
LSU-SIU said:
Well sometimes people have that tone when you;re trying to get someone killed. 😂

Edit: They did get someone killed, they actually got 2 people killed that was absolutely unnecessary you sociopath.
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But how dare they hurt her feelings. We’ve got to have decorum when the leaders of organizations paid billions by taxpayers won’t answer any questions or have any accountability.
 
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#7,166
#7,166
Rasputin_Vol said:
I have disagree about wages and quality of life going up.
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Here is the US census data. Rationing also ended in the summer of 1945 (quality of life). The Keynesian’s were predicting returning vets would return home to massive unemployment due to the gdp decrease from war spending. The opposite happened although unemployment increased about 3%. Could be due to women leaving the workforce.


 
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#7,167
#7,167
DaddyChad said:
But how dare they hurt her feelings. We’ve got to have decorum when the leaders of organizations paid billions by taxpayers won’t answer any questions or have any accountability.
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She didn't know anything, just lead the lamb to the processor.

Very low risk, high reward. (TPTB just keep rinsing and repeating)
 
#7,168
#7,168
MontyPython said:
I see. So you never had a mortgage? Car loan? Student loan?
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most of what our government spends money on is not relatable to those things.

the first 36% we spend is straight loss.
the next 54% is at best an investment on something we need, but doesn't spur economic growth.
the last 11% is all that we MIGHT get a return on.

we are spending 22% to pay people not to work (SS). no return on investment. just a complete loss.
we are spending 14% on interest. no return on investment, actually this is the cost of all your investing. just a complete loss.
we are spending 13% on medical. no real return here, or at least going to a decent use (similar to a car)
we are spending 13% on national defence. same as medical, no real return, but some use out of it. (a cars worth of guns)
we are spending 13% on medicare. same as medical, yet another car.
we are spending 10% on income security. another car at best.
5% on VA, worth while, but another car we aren't using but got great usage out of.
5% on education, finally something that theoretically gives us a return.
2% on transportation, gives us a return.
1% on community development, gives us a return
3% on "other", lets just say this 100% gives us a return, even though it doesn't.

fiscaldata.treasury.gov

Fiscal Data Explains Federal Spending

Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending
fiscaldata.treasury.gov fiscaldata.treasury.gov

you are justifying 89% of our debt, on 11% maybe giving us a return. I really don't think you understand economics, or just how exactly our government uses its money. and that 11% that maybe gives us a return is vs the 14% we are spending on INTEREST ALONE. that is a net negative of 3%...

There is no line item for paying off the principal, please tell me what household is paying 14% on just interest payments, and not touching the principal? That is not a household we want to copy.
 
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#7,169
#7,169
MontyPython said:
Without a mortgage (debt), you and most Americans including me couldn't buy a house. So... As I said... Debt is a good thing. And an evil as you point out.
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the US government is not buying houses. its buying some Michael Scott level of worthless stuff that no one ever needs, and telling us the debt from those actions is a good thing.
 
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#7,170
#7,170
midnight orange said:
GDP has also gone down while wages, employment and quality of life increased. 1946 was one of the best years for American workers.
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1946 was a unicorn where the literal rest of the developed world was destroyed and HAD to buy from America.

look at the rest of the world in the late 1940s, they ALL struggled financially, except for us, just due to our unique position in WW2. it had nothing to do with actual economic choices/decisions by the government.
 
#7,172
#7,172
C-south said:
The sad thing is you aren’t paying for cars but the unionized labor. I mean who doesn’t have $60k laying around to get a decent, basically equipped truck?
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I won't condemn the workers as such, but financing a depreciating asset is just flat out stupid. One of the more horrifying things I have heard about a Trump administration is Jamie Dimon as Sec Treas. Prolly ought to load up on bank stocks as I am sure they will get every break imaginable under his tenure. (not investment advice dyodd, etc etc) But he is light years better than that Yellen fella.

Debt to the average American is slavery. If you must have something bad enough that you finance it and pay for it over a decade, you really don't need it. Big money has sold the American public that credit is a necessary thing. It is nothing more than handcuffs.

Pay cash, use real money (STOP using venmo, apple pay etc) and if you can't afford it, don't buy it.
 
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#7,173
#7,173
LouderVol said:
1946 was a unicorn where the literal rest of the developed world was destroyed and HAD to buy from America.

look at the rest of the world in the late 1940s, they ALL struggled financially, except for us, just due to our unique position in WW2. it had nothing to do with actual economic choices/decisions by the government.
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All I’m stating is that gdp decreased with a rise in wages while Keynesian’s predicted the opposite. I’m pretty sure everyone knew the condition of foreign markets in 1946.
 
#7,174
#7,174
LouderVol said:
most of what our government spends money on is not relatable to those things.

the first 36% we spend is straight loss.
the next 54% is at best an investment on something we need, but doesn't spur economic growth.
the last 11% is all that we MIGHT get a return on.

we are spending 22% to pay people not to work (SS). no return on investment. just a complete loss.
we are spending 14% on interest. no return on investment, actually this is the cost of all your investing. just a complete loss.
we are spending 13% on medical. no real return here, or at least going to a decent use (similar to a car)
we are spending 13% on national defence. same as medical, no real return, but some use out of it. (a cars worth of guns)
we are spending 13% on medicare. same as medical, yet another car.
we are spending 10% on income security. another car at best.
5% on VA, worth while, but another car we aren't using but got great usage out of.
5% on education, finally something that theoretically gives us a return.
2% on transportation, gives us a return.
1% on community development, gives us a return
3% on "other", lets just say this 100% gives us a return, even though it doesn't.

fiscaldata.treasury.gov

Fiscal Data Explains Federal Spending

Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending
fiscaldata.treasury.gov fiscaldata.treasury.gov

you are justifying 89% of our debt, on 11% maybe giving us a return. I really don't think you understand economics, or just how exactly our government uses its money. and that 11% that maybe gives us a return is vs the 14% we are spending on INTEREST ALONE. that is a net negative of 3%...

There is no line item for paying off the principal, please tell me what household is paying 14% on just interest payments, and not touching the principal? That is not a household we want to copy.
Click to expand...
Dude. Redonculous post.

I mean seriously... I couldn't make it past your 1st couple line items.

Just throw away all your thinking and start over.
 
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#7,175
#7,175
LouderVol said:
the US government is not buying houses. its buying some Michael Scott level of worthless stuff that no one ever needs, and telling us the debt from those actions is a good thing.
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Heh. Curious... You got a car? If so, take a video of you driving on the side of the road and into a river instead of over a bridge. SMH
 
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