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/

 

[Scrumption]

View attachment 7192301
View attachment 7192304
Grand Central is shut down and people are stuck inside the building, they cannot get home.

View attachment 7192312

They didn’t shut down the station, but they definitely disrupted commuters. Surely that will earn some solidarity no? I find it funny that they have these wide grins and their faces are filled with mirth while they chant about (an imaginary) genocide and ruining people’s commutes. If you see a protest in NYC, you can assume it is led by that bitch Nerdeen who gets joy from terrorizing pedestrians and gladly will line her pockets with Qatari Riyal.

 

[Not Really Here]

can be a lot of different judges

But is usually just an employee of the Executive Branch wearing a judge hat. Employees that SCOTUS said the President can fire at will last year.

https://www.reuters.com/legal/us-supreme-court-faults-secs-use-in-house-judges-latest-curbs-agency-powers-2024-06-27/

 

[The Ugly One]

That's not entirely true. There is a class of venture capitalists, angel investors, whatever the fuck they go around calling themselves, many of whom are retards gambling with their wealth.

Venture capitalists aren't investing their own money. Many of them work for retirement funds. And there aren't 33 million rich angel investors in America.

They sit on boards and tell the company how to run itself while, in many cases, not knowing a fucking thing about that company's business or industry. A lot of these people are successful in business and that's where their gambling money investment money comes from, but then they invest in different industries they don't understand.

For example: of the dozens of potential gene editing biotech companies out there, Intellia Therapeutics was the first to actually present a working product to the world. Even then, Intellia is currently in a legal battle with three or four other companies over who gets to do CRISPR gene editing - so imagine being an investor in Intellia, sitting on a board meeting where the CSO (Chief Scientific OfficeR) says they've done it, but now you have to keep dumping money into this fucking company over the equivalent of copyright claims. A lot of these investors are young, dumb, and full of cum money. An older investor would ask "so when does this turn a profit?"

The top investors of Intellia are:

ARK Investment Management (12.31%),
Vanguard Fiduciary Trust Co (10.01%)
BlackRock Advisors LLC (9.94%)
State Street Corporation (5.11%)
Eaton Vance Management (3.75%)

What these all have in common is their investment capital is predominantly composed of retirement funds. 30% of US equities are held by retirement funds, while only about 25% is held by individuals. Another 40% is held by foreign entities, primarily corporations. When somebody says "10% of individuals own 90% of equities," they're basically lying with statistics. First, because "10%" sounds like a small number, but it's actually 33 million people, and second, because individuals don't even own 90% of the stock market. In fact, American entities only own 60% of the stock market.

And since domestically, stocks are predominantly held via retirement accounts, it should be no shock that 60-year-olds hold more stock than 23-year-olds.

https://taxpolicycenter.org/taxvox/who-owns-us-stock-foreigners-and-rich-americans

 

[Mysterious Girlfriend X]

You're laughing? A serial liar who lives in his mother's house is down hundreds of thousands of dollars and you're laughing?View attachment 7191877

Once again, if anyone ever complains to you about how their stocks are doing, talk down to them about how they should've diversified more.

 

[Hey Johnny Bravo]

while only about 25% is held by individuals

25% is still quite a lot of money.

I didn't say you were wrong, I just said what you posted wasn't entirely true and proceeded to bitch about dumb venture capitalists/investors/whatever who do silly shit and expect to be taken seriously.

 

[ThisIsGonnaBeGood]

It was ACB apparently?

They take turns on who gets to be the bad guy. It's all gay theater that you're pulled into the second you adopt a child of a different race.

 

[The Ugly One]

25% is still quite a lot of money.

It's not 90%.

I didn't say you were wrong, I just said what you posted wasn't entirely true and proceeded to bitch about dumb venture capitalists/investors/whatever who do silly shit and expect to be taken seriously.

What I posted--which is that the 33 million people that are being held up for two minutes' hate are mainly retirees--is entirely true.

Here's a fun infographic on how billionaires actually hold their wealth. The vast majority is in businesses they own, typiecally as individuals or partners or something like that, but not via stocks. A surprisingly small fraction, looks like less than 20%, eyeballing it, is in publicly traded stocks.

https://www.visualcapitalist.com/chart-assets-make-wealth/

 

[Hey Johnny Bravo]

It's not 90%.

I never said it was.

What I posted--which is that the 33 million people that are being held up for two minutes' hate are mainly retirees--is entirely true.

You won't get any argument from me that Boomers are retards for letting major companies play with their retirement funds.

 

[Balanced Boomer]

*spicy Szechuan takes; no mention of Chinese Bugman Market Failure*

Finding out not as fun as fucking around, is it, WANG?!

 

[The Ugly One]

You won't get any argument from me that Boomers are retards for letting major companies play with their retirement funds.

They got a better return than if they'd put cash in a shoebox, bought precious metals, or loaned it to the federal government.

 

[Betonhaus]

It's not 90%.



What I posted--which is that the 33 million people that are being held up for two minutes' hate are mainly retirees--is entirely true.

Here's a fun infographic on how billionaires actually hold their wealth. The vast majority is in businesses they own, typiecally as individuals or partners or something like that, but not via stocks. A surprisingly small fraction, looks like less than 20%, eyeballing it, is in publicly traded stocks.

View attachment 7192546

https://www.visualcapitalist.com/chart-assets-make-wealth/

And how do those businesses get valued?

 

[Candlelight Desolation]

libertarians are just the mirror reflection of socdems

Libertarianism is basically just "Republican Party if smoke weed". Libertarianism in general is the freak misfit of right wing politics.

One of these things is not like the other:

• Reactionary
• Paleoconservative / Traditionalist
• Libertarian
• Monarchism
• Fascism (pick whatever historical variant)
• Imperialism

 

[Clem Fandango]

One of the reasons I really despise the people behind Biden was that Trump was denied the permission to go to his funeral after the assassination. Abe's wife invited him, the jap government welcomed him and Jap people were grateful too see the US honoring Abe.

You know what the Biden Whitehouse did?

They denied Trump's request because he wasn't an active member of the US Fed anymore and so they sent Kamala fucking Harris, a person who Abe rightfully disliked in Trumps stead.

Friends, don't let this happen to you. Please take the proper steps, let your family know of your wishes, and update your will to tell them NOT to allow Kamala Harris to attend your funeral.

Don't put it off, be safe and do it today.

 

[Catch The Rainbow]

rumors that the United States is taking Bagram Air Base back from the Taliban at the Taliban's request.

 

[The Ugly One]

And how do those businesses get valued?

There are formulas accountants use to value your equity in a business you hold. It's typically based on assets, liabilities, revenues, growth, and contracts (shitty contracts can torch your business's value).

 

[Hey Johnny Bravo]

They got a better return than if they'd put cash in a shoebox, bought precious metals, or loaned it to the federal government.

Not gonna lie: my Greatest Generation grandmothers got me some government bonds that were nice to cash in when they matured.

 

[XYZpdq Jr.]

Libertarianism is basically just "Republican Party if smoke weed"

the pot-smoking independent contractor wing started flaking for the mainstream GOP from the Tea Party onward, increased legalization and Farm Bill bootleg weed only added to the bleeding, which then left behind the most pants-crappingly nuts weirdos and genderblobs finding a new thing to ruin

 

[Not Really Here]

the pot-smoking independent contractor wing started flaking for the mainstream GOP from the Tea Party onward, increased legalization and Farm Bill bootleg weed only added to the bleeding, which then left behind the most pants-crappingly nuts weirdos and genderblobs finding a new thing to ruin

I enjoy watching court on YouTube, it's especially funny when a nigger gets arrested for weed, because they didn't know Trump legalized getting high off weed hemp. The lolberts are so joever.

 

[John Badman]

I hope my sweet precious child son gets to work in the uranium mines.

 

[Catch The Rainbow]

I hope my sweet precious child son gets to work in the uranium mines.

minecraft proves that children yearn for the mines. i already gave my son a toy pickaxe and had him hack at a boulder at the park for an hour to train