US US Politics General - Discussion of President Biden and other politicians

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I'm basing this on absolutely nothing but this dude speaks like he's been given talking points by feds and glowies.
Also "this wouldn't work if his constituents had an IQ above room temperature" just calling Americans dumb while sidestepping that he is presumably American? Also hat has an upside down flag, why is that?
"How do you look at all this and say Trump hell yeah"
Here's how faggot: Trump, hell yeah! 🇺🇸
 
We are so completely fucked it's not even funny. The future is going to be horrific unless Trump wins.
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This makes me optimistic, Gen Z is lower than both millennials and Gen X. And while it sucks male gen Z is almost 10 points higher than boomers, females are only 5. This is a more general indictment on Americans understanding of the Rights recognized in the Constitution than a downward trend.
 
All of this in short is to say, Trump cant fix it, Obama cant fix it, there no incentive to fix it, and to fix it would cause a collapse that would last a generation, if not multiple generations.
I wonder if there's a way to slowly dial down the moral hazard of "too big to fail" bullshit. It's not a free market if the big players are not allowed to lose. The vacuum that big companies that fail would leave would, ideally, be filled by companies with innovation in that sector or just by companies with better corporate governance.

As it stands these fucking morons can just put all their chips on black over and over and over again and watch infinite money go up in smoke without a single worry of bankruptcy. Things like ESG and DEI fail naturally and can only really get as far as they have when the whole system is propped up by fake money.
 
I wonder if there's a way to slowly dial down the moral hazard of "too big to fail" bullshit. It's not a free market if the big players are not allowed to lose. The vacuum that big companies that fail would leave would, ideally, be filled by companies with innovation in that sector or just by companies with better corporate governance.

As it stands these fucking morons can just put all their chips on black over and over and over again and watch infinite money go up in smoke without a single worry of bankruptcy. Things like ESG and DEI fail naturally and can only really get as far as they have when the whole system is propped up by fake money.
the problem is essentially that, if we look at the economy as a whole, youre not literally producing new dollars 1:1 with the production of your economy, the same dollar is cycling through it over and over, to be more specific, the problem is that institutions have a balance sheet of some underlying theyre holding, and liabilities that would represent investments where their money is going, with assurance that the money is covered by its underlying... So the issue is that when institutions interact with eachother and pass IOU's about some underlying (usually something like treasury notes), you have to trust that its actually there. In this case, regarding the 2008 financial crisis, people were writing properties as their underlying, and then leveraging that many many many times over, ultimately to find out that they were worthless or leverage far beyond their actual value. To uncoil this would mean to erase an underlying from a balance sheet, and in doing so would mean the liabilities have no backing and are worthless.

so if someones liabilities are someone elses underlying, under which they have liabilities, you can see how this cycles over and over again. its an inverted house of cards. to try to chip at the faulty books (which are propped up either by being funded federally to cover that shortfall by just printing more money, or by never being forced to sure up their liabilities IE: the person never attempts to collect their collateral back), would cause a catastrophic fractal of margin calls. this would ultimately trickle down to the people who cant defend themselves, the average person; the institutions that service them would simply default, cut, and run with whatever money it can recover for its most important depositors. The average person has everything to lose here.
 
All of the twitter purchase was worth it to have Elon bully a Cabinet level US government position in real time for them to call him right fucking now.

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I keep thinking how much of NC would have been hidden if Mush hadn't bought twitter.
One thing I can say for certain is I would not want Elons weaponized autism aimed at me. He's certainly the type to bite down and not let go.
 
Who is also the same man responsible for pulling the experienced Secret Service Agents off Trump's detail and replacing them with D-list Homeland Security agents who had literally no experience other than watching a training video with sound half-turned off during Trump's first assassination attempt.

Of the swamp monsters in the Deep State apparatus, he is amongst the most venomous and foul, and I hope to God he faces justice for all his crimes in this world and not the next. Also, check his early history!
 
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