The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane. ~ Marcus Aurelius“It's a beautiful thing, the destruction of words.”
― George Orwell, 1984
“The urge to shout filthy words at the top of his voice was as strong as ever.”
― George Orwell, 1984
http://www.usdebtclock.org/
Click the link above to see how much you owe the government.
"Well I tell you what, if you have a problem figuring out whether you're for me or Trump, then you ain't black."
-Superracist, Joe Biden
“If you don’t believe in free speech for people who you disagree with, and even hate for what they stand for, then you don’t believe in free speech.”
-My favorite liberal
http://www.usdebtclock.org/
Click the link above to see how much you owe the government.
"Well I tell you what, if you have a problem figuring out whether you're for me or Trump, then you ain't black."
-Superracist, Joe Biden
“If you don’t believe in free speech for people who you disagree with, and even hate for what they stand for, then you don’t believe in free speech.”
-My favorite liberal
I'm not about taking sides, but people keep bringing up the economy and how much Trump did to make it grow, so I feel the need to add some feedback there.
I work in the financial sector and all of the rate reductions he was pushing for to keep the economy stimulated are now having the negative impact that many predicted. Super low rates during a spending crisis like we are seeing with the Covid-19 fallout has two major impacts on banks. First, spending is way down, and with that comes a massive reduction in fee revenue, one of the main things that keep banks afloat. Second, due to the financial uncertainly that many families are facing we are seeing unprecedented amounts of people refinancing loans. What this means for banks is a huge loss in projected income, as they receive payoffs for loans that might have been on the books for another 10 years at 4%. So budgeting and projections are all askew. Many institutions are facing the problem of not being able to pay dividends to account holders because they are suddenly operating in the red, and it takes Fed approval to pay dividends when you are in the negative.
The point of this is, artificially stimulating the economy by reducing rates was something that everyone said was a bad thing. Trump ignored this and continued to harass the Fed and try to impose his will on them. His inexperience with the reality behind how the financial sector truly works and his unwillingness to listen to people has put us in a really bad spot. Stocks may be up, but the sector backing consumer lending is seeing the warning signs of seriously bad times on the very near horizon.
So while on the surface the economy still seems like its not in hot water, there are a lot of things brewing that people are not aware of that spell danger.
I do not think that this was ever Trump's intention. But unintended consequences can be real. And at this point there does not appear to be a fix for what we are headed towards.
Selling Stuff and Things
Elgrim#0001 on Discord or Elgrim on the Official GS Discord server under Nitro Boosters.
Some healthcare workers when people protest to open up the economy so they can go back to work and earn money to feed their families:
Some healthcare workers when people want to protest racism or whatever the fuck it is they are protesting:
Nothing political about either of these events!
Last edited by Tgo01; 06-04-2020 at 09:46 AM.
My wife is a healthcare worker and didn't do any of that. Nor did any of her co-workers. You are generalizing things (so am I with anecdotal evidence). You should just say stupid people, and then you are correct all the time.
http://www.usdebtclock.org/
Click the link above to see how much you owe the government.
"Well I tell you what, if you have a problem figuring out whether you're for me or Trump, then you ain't black."
-Superracist, Joe Biden
“If you don’t believe in free speech for people who you disagree with, and even hate for what they stand for, then you don’t believe in free speech.”
-My favorite liberal
Last edited by Tgo01; 06-04-2020 at 09:57 AM.