US US Politics General 2 - Discussion of President Trump and other politicians

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Should be a wild four years.

Helpful links for those who need them:

Current members of the House of Representatives
https://www.house.gov/representatives

Current members of the Senate
https://www.senate.gov/senators/

Current members of the US Supreme Court
https://www.supremecourt.gov/about/biographies.aspx

Members of the Trump Administration
https://www.whitehouse.gov/administration/
 
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Serious question what percentage of the people have 401k ? Sounds like upper class shit
Its not upper class shit to plan for retirement and your twilight years. You should start putting money in asap. If you're a parent, do it as soon as a kid is born. The earlier you start, the better and the less you have to put in. You don't have to invest that much earlier on. Its harder when you're 40-50s.
 
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Serious question what percentage of the people have 401k ? Sounds like upper class shit
It's fairly common even in working class jobs. I have a family member who drives forklift who has one, for example. IBM has recently lead the charge to get companies to move from 401ks to some "Retirement Benefits Account" bullshit instead, which gives something fucking absurdly low like 2% annual but is FDIC insured, which means IBM doesn't even have to fund the retirement fund and can just let the government pay for it when shit hits the fan and IBM would normally have to pay out. "Lol sorry no money, talk to the feds."

IBM was, if you remember, the company that pushed for moving from Pensions to 401ks in the first place, which fucked over the middle class (but made the line go up for the boomers, so it was an unambiguous moral good in the boomercractic worldview). Them trying to push from 401ks to RBAs is just a new way to fuck over the poors and keep that line moving up. It must always go up. Until the boomers are all dead then we can all enjoy holding that bag, suckers, lol.
 
Great, you mongoloids stopped having discussions about Captain Planet and now you discuss how much goyslop do you eat.
Instead of Captain Planet, have some Planet Cook.
Learn how to make some yeti foot burgers from this BBC children's show (make sure you paid your TV license first).
Nobody has a 6 months of food supplies stockpiled
I could survive for 6 months on just my stockpile of maple syrup—alone.
Many people have stockpiles of food, and not just "preppers" hoarding MREs. Many, many rural families have a cellar and "chest freezer" full of food (where else will you store half-a-cow). Traditional religious communities almost all do this (Mormons, Amish, etc). Here is a typical Amish cellar:
Amish Cellar.jpg
You are aware food is seasonal right? You either store it yourself or pay somebody else to store it. Food doesn't originated from grocery stores.
Senzeni Zokwana white farmers quote.png
Iz Dis U?


The US average annual inflation rate for food from 1968-2024 was 4%. But, there are random years with large spikes. 2% food price inflation is a "good year"; only Trump managed to consistently stay below that. This doesn't take into account food quality and "inflation" calculations are always somewhat bullshit.
US food inflation 1968-2024.png
It is odd to think about, but longterm stored food is an "investment" that matures at 2-10% annually.

The biggest monetary benefit is buying at the cheapest prices. This results in anywhere from a 20-90% discount.

The quality of food is also much higher. There are also efficiencies from not needing to shop as frequently, and having ingredients readily available. It also allows prioritizing shopping trips to locations with the best fresh food offerings (which are generally not big box stores).

Humans must eat food. If you know your family of 4 are going to eat 100lbs of rice in a year, why would you choose to buy at randomly higher prices? No other investment will produce above 10% annual gains other than risky investments.
 
Humans must eat food. If you know your family of 4 are going to eat 100lbs of rice in a year, why would you choose to buy at randomly higher prices? No other investment will produce above 10% annual gains other than risky investments
Not everyone has space to store a significant amount of food.
 
Most white collar people do as far as I know. Many don't even know it.
It's a pretty typical benefit to a full-time job. A lot of corporations offer matching funds if you invest in your 401k which is great if you expect the company to last until your retirement and you never change jobs. If you change jobs, you can roll the money over into a private 401k, but most people need the money at job-change time and eat the penalty to get the cash.

In California, they've come up with a new scheme to snatch people's money with a program called Calsavers, in which money is taken off the top of every person's check and deposited in a government administered retirement account. I'm just counting the days until the state starts using Calsavers as equity when taking out loans, or dipping into the Calsavers fund, or they lose it all on bad investments. It's only a matter of time.

A lot of the people who have Calsavers accounts are low income and don't understand how they work. They think the 10% withdrawal penalty is the only liability they have. Wait until they get the tax bill for the rest of it. Calsavers withdrawals are rolled into the person's gross income when tax time comes around. The 10% they pay at withdrawal is a penalty fee; it doesn't lower their tax liability at all, it's just gone. I know several people who have been treating Calsavers like a personal savings account who are about to get a rude awakening.
 
Trump is trying to crash the stock market at least 20%, causing a flight into treasuries, this will cause the fed to slash interest rates so he can refinance the debt to near 0% and cause a deflationary spiral which will lower the cost of everything.

He also intends to use tariffs as an incentive for companies to build in the US to avoid having to pay them. The Tariffs and the resulting global trade war will also force American Farmers to sell more of their goods in the US (due to retaliatory trade measures by other countries) which will directly lower the price of groceries in the US.

More than 94% of all stock is owned by just 8% of the US population. Trump is literally taking money from the rich and giving it to the poor.

This is why Trump is playing a game of Hokey Pokey with Tariffs. One day he has 25% Tariffs on Mexico and the next he doesn't. This is to cause extreme volatility in the markets and a desperate need and demand to flee towards treasury bonds which are much more stable but offer much lower potential return.

This is also why eggs are cheaper now than they were under Joe Biden.
This theory is sound, imho. But I'm on KF.
 
I work 9 hours a day, prepare hot meals everyday, and still have enough time to call you a NIGGER.
People being unable to cook meals within at most an hour seems to me like an issue of time management. I bet they pull out their ingredients one at a time as the recipe calls for it and never use more than one burner on the stove at a time.
 
A proper household should have 6 months of canned/jarred and other dry food stocks. It's one of those things women have failed our country on that might never matter or might result in millions lost to fammine one day
Okay nigger where? We tried to stash something like month worth of food plus some water in one of the storage spaces it was just rice, sauce packets , drinking water for a week, canned food for a week and the pantry was half full. We don't have that big of a pantry/ storage its like 6 sqm. Most people don't have that , they maybe cupboard or two to work with may few square meters of storage that has other crap squeezed in it. Plus you have to rotate it out we ended up throwing out 5 litter can of olive oil as a result.

Yeah, but does it work as well? I hear ivermectin is so potent that it will literally make homosexuals shit their gayness out. (Hence the "oh shit we can't have America taking this en mass" thing. Plus maybe that's why Africans have little love for faggotry, since Africa is mass prescribed the drug. Also, ever seen a gay horse? No, I thought not!)
Dunno man spicy food has similar effect especially the chilly kind . It was recommended to give chickens some chillies and garlic few times a week for worm prevention. You mutts eat that shit for breakfast dinner and lunch with your Mexican shit.
 
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Serious question what percentage of the people have 401k ? Sounds like upper class shit
Your response sounds like some unemployed shit to be honest, I'm pretty sure fast food does 401k matching at this point. If you've ever worked in a private sector career of any type you'll at least be offered a 401k and likely have an IRA Roth or otherwise.
 
They think the 10% withdrawal penalty is the only liability they have. Wait until they get the tax bill for the rest of it. Calsavers withdrawals are rolled into the person's gross income when tax time comes around. The 10% they pay at withdrawal is a penalty fee; it doesn't lower their tax liability at all, it's just gone. I know several people who have been treating Calsavers like a personal savings account who are about to get a rude awakening.

I had a talk with a woman I respect about this shit.

Her tax guy was saying she should get an IRA. I told her given my situation I dont really like those things. I personally think uncle sam should just take his fucking cut, up front. in all cases. Tax deferment is stupid.
 
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