Earlier quoted context omitted.
Why do people think that running the country like how Elon has tired to run Twitter is a good idea?
Show us on the doll where Elon hurt you.
The debt problem is enormous, and the system for fixing it is broken
81–90 of 109 posts
Re: The debt problem is enormous, and the system for fixing it is broken
#82Earlier quoted context omitted.
It's unfair to compare the single event on January 6th with every BLM protest, or every state's implementation of lockdown and the resulting clashes, etc. I'm appalled by January 6th because the representative for my district accepted his win in the November elections, went to D.C., and then voted to throw out all votes for my state as being dubious. The riot, building-storming, and literal lynch mob were the natural…
What state are you from? January 6 didn’t register for me at all, and I grew up in the area and work in DC. I grew up in Virginia, with a very Jefferson heavy curriculum. “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants,” and whatnot. I wonder if that has something to do with it.
YGBSM
Re: The debt problem is enormous, and the system for fixing it is broken
#83Earlier quoted context omitted.
Mobs of people storming the Capitol is a violation of norms. Are you sure you are okay?
This is America. This shit happens. A mob just tried to storm the White House last month: https://www.jpost.com/international/article-771751 . The Capitol just happens to have no real security (it never had—my wife used to sneak into the Congressional subway system all the time). It’s been bombed at least twice.
JFC.
Re: The debt problem is enormous, and the system for fixing it is broken
#84Re: The debt problem is enormous, and the system for fixing it is broken
#85It's easy to solve the debt crisis. Just cancel the debts. The issue these countries have is they lost their sovereignty by getting into debt in a currency they don't control. Going into debt in a foreign currency means you lose sovereignty. Better issue more money in your own currency and risk inflation instead of lose sovereignty. Because the most important thing for a state is to make sure it does what it promises…
You understand that's not a magic fix right? If I loan you $20 and a day later you let me know it won't be paid back what will I do? Retrospectively nothing. The money's gone and I'm not getting it back. Prospectively? I'm either not lending you $20 again or I'm changing the terms of any future loan to better take care of myself. Read David Graeber’s book - it's a great chance to think through the possibilities and n…
Re: The debt problem is enormous, and the system for fixing it is broken
#86It's easy to solve the debt crisis. Just cancel the debts. The issue these countries have is they lost their sovereignty by getting into debt in a currency they don't control. Going into debt in a foreign currency means you lose sovereignty. Better issue more money in your own currency and risk inflation instead of lose sovereignty. Because the most important thing for a state is to make sure it does what it promises…
Issue with cancelling debt is that after you do that you won't get more debt. And if your system of spending is setup on what is essentially revolving credit it will very quickly mean you have no money to spend on anything.
Re: The debt problem is enormous, and the system for fixing it is broken
#87It's easy to solve the debt crisis. Just cancel the debts. The issue these countries have is they lost their sovereignty by getting into debt in a currency they don't control. Going into debt in a foreign currency means you lose sovereignty. Better issue more money in your own currency and risk inflation instead of lose sovereignty. Because the most important thing for a state is to make sure it does what it promises…
Just tell everyone who bought treasury bills they wont be getting their money back? Not so sure that's a great idea
Re: The debt problem is enormous, and the system for fixing it is broken
#88Earlier quoted context omitted.
>Timing was pretty bang on if you consider Jan 6th as a turning point of all the things happening around that same time-frame, the Jan 6th events seem to have been some of the least impactful, aside from just being a huge talking point in these type of "world is decaying" conversations the media decided to report on that event in such a way as to draw more outrage than the other stuff -- but looking back the other st…
> now, Jan 6th stuff drew a lot of public outrage -- the sanctity of the office and so on and so fourth -- but real social and physical trauma that has lasted into today? There were more important events during that time-frame in that regard, personal opinion. You should listen to some Constitutional law folks talk about this stuff. We are crashing headlong into a legitimate constitutional crisis because of January 6…
Re: The debt problem is enormous, and the system for fixing it is broken
#89Earlier quoted context omitted.
It's unfair to compare the single event on January 6th with every BLM protest, or every state's implementation of lockdown and the resulting clashes, etc. I'm appalled by January 6th because the representative for my district accepted his win in the November elections, went to D.C., and then voted to throw out all votes for my state as being dubious. The riot, building-storming, and literal lynch mob were the natural…
What state are you from? January 6 didn’t register for me at all, and I grew up in the area and work in DC. I grew up in Virginia, with a very Jefferson heavy curriculum. “The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants,” and whatnot. I wonder if that has something to do with it.
Also maybe let’s break that toxic cycle instead of continuing it
Re: The debt problem is enormous, and the system for fixing it is broken
#90Earlier quoted context omitted.
This is America. This shit happens. A mob just tried to storm the White House last month: https://www.jpost.com/international/article-771751 . The Capitol just happens to have no real security (it never had—my wife used to sneak into the Congressional subway system all the time). It’s been bombed at least twice.
So you're equating a few outliers trying to get attention, with an armed mob of thousands — summoned, dispatched, and then egged on by the sitting POTUS. JFC.