I read the lawsuits filed. I read the judges dissents. There is more misinformation in Trumps lawsuits than on the entire fucking Internet. We wouldn't need to revoke section 230 if he would just shut the fuck up and stop spreading vast quantities of horseshit. Him and his army of fucking cultists - its like trying to talk to Scientologists about Ron Hubbard.
Trump is making Ancient Aliens on the History Channel look somewhat plausible at this point. All this because the fact he uses diapers and has been caught literally shitting in front of a camera was revealed on twitter.
The only thick skin he has is the crusty hardened skin that gets trapped under his knees when he sits around.
If he told his followers that the moon was cheese, they'd be all over the internet to find some scientific study that suggested it was possible t thrust forward to critics.
What really pisses me off about Trump is that he actually did a decent job about 62% of the time, but the rest of his Presidency is just outrageous bullshit, and now, in about a month, we get four years of a legitimate retard running the show because Trump couldn't not say things. Say what you want about Trump. People went to work. Unemployment went down, paychecks grew like pot in Willie Nelson's backyard. Biden's just going to run around and be a jackass for 4 years, which sucks, but makes me kinda excited for the electoral anal fisting he''s sure to receive in 2024 from Lyin' Ted or whatever the fuck Trump's calling him this week. Because if you don't think Ted will run and get the nomination, you sorely underestimate the zodiac Killer.
Looking forward, I see Biden losing the House in 2022, losing the Senate (if he even has it then, we shall see.) and the Presidency in 2024. Cruz smacks him around in debates, and whoever Ted chooses as VP will probably just talk with Kamala for 3 hours in a debate no one fucking watches. If Biden doesn't make it to 2024 (the guy's a million years old) Kamala and Pelosi run a super unlikable ticket, Cruz and Insert Republican Minority Here sweep.
What legislation did he pass in 4 fucking years?
None. The only one was "Cut taxes" and deregulate. Wow. Genius. Gee why didn't I think of that?
A monkey could have done that. Obama could have done that. It isn't that hard, is it? You aren't coming up with sophisticated solutions, you are simply spending shit loads more and cutting revenues. Why not do it then? Every economist of note said do NOT do that because the USA had nothing in the tank left; we had a DANGEROUS situation with the Fed and it's toxic assets that
had to be unwound to restore balance and confidence and you'd need to build back the capital base slowly. And YOUVE GO TO TAX SOMEONE TO REDUCE THE MONEY AND ASSETS or (heaven forbid you are stupid enough) you
hyperinflate the USD to reduce it's purchasing power. But no one would be that stupid...ecept a guy who could afford to do it - Trump. So he spent like there was no tomorrow. Sorry, too fucking bad - that's the price you pay for the worlds reserve currency. You can print, but you've got to have control.
Shit, don't you think if you as a President could blow throw trillions of dollars and flood the economy with money they would not? So why the fuck didn't other Presidents not do it? They were told of the consequences. Its not a rocket scientist to go "Hey man, I'm just gonna make the treasury spend and make the Fed buy everything!" That's insanity, not genius. If tax breaks really work then have no fucking taxes. Duh.
Let me ask you - as a member of your family, if you take out a credit card and take out as many as you can to temporarily raise your "revenue to spend" in your house, it will make you a god damn hero for a year or so - lots of ice cream, goodies for the kids, nice new car...until the bank comes and takes your house.
Notice inflation? Notice the USD getting smacked on the FX? That's called payback and it was on the cards before Covid hit. Countries are reducing their debt by having their US denominated debt shrink in value of liability. Good for them. Shit for us.
The Fed tried to unwind the balance sheet late 2019 and the markets essentially signaled "Do it, and we've got nowhere to park money and you'll tank the economy for a decade". So instead they spent more essentially signaling to the world that the holder of the reserve currency was also going to become the bank and the receiver. Idiots think this is how it always has been - but it hasn't.
We spent more than anyone on Covid relief and
barely kept up appearances on GDP - which without we would have nearly had a civil war due to unrest.
So spare me the "62%" of the time. There is a massive amount of USD out there and essentially the USD Bond is a junk bond with it being traded because no one wants to hold it when they expire in 30 years. Only the USA is dumb enough to offer a yield to get peoples money because it has no damn choice anymore. If it doesn't they sell no bonds - and now they essentially told the Fed - you buy them if there aren't buyers.
Why the fuck do you think Mitch McConnell is scared shitless about spending more? He could have passed a
massive relief bill AT ANY TIME in the last few months to secure Trump a win in the election - "Look, Mr. Orange is handing out LOTS of money to you poor people!!! Give him a vote!" So why didn't he?
Because he fucking couldn't. He
couldn't do it.
As a reserve currency it can't work. And Biden can't fix it either. Biden isn't here to clean up Trumps mess, he is here to take us through the storm so we come out the other side in bad shape - rather than dead in the water. Biden will not be flooding the country with money; and you will whine about it and wonder why he isn't doing it if Trump did do it. Well go to business school and find out why a company shouldn't act like that let alone a country. If anything Biden will do what has to be done do reduce the vast amounts of USD in the world and every country will pay something, but us mostly. Possibly the Fed will buy the Student Debt which actually would be a smart move as it is an asset you can get a lower margin of interest on (reduce the burden) and get something in return (Americans with education). Hell, Biden may get medical for all too - again another asset that gives a reasonable rate of return.
Biden won't see a 2nd term because his job is going to be controlling an economy that is already on the rocks. At least he is mature enough to know what his job in history will actually be about. A one-term guy, and prevent a collapse, but endure the inevitable failure.
