Sweet Wow Drama

[Ekco]

Originally Posted by Botten [You must be logged in to view images. Log in or Register.]

I became a citizen that started with an H1B visa.

can you help me with some Python code

[shovelquest]

Originally Posted by Botten [You must be logged in to view images. Log in or Register.]

Don't get upset you fell into the group that didn't know.

Ill do you one even better, i bet you 100pp that you think Israel is taking native peoples land and making it impossible for them to succeed economically.

[Botten]

Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]

can you help me with some Python code

I just read over the rules again. I probably should not be revealing the information I did. I am not really from the information technology side. [You must be logged in to view images. Log in or Register.]

[Reiwa]

Originally Posted by shovelquest [You must be logged in to view images. Log in or Register.]

No my taxes are the only thing that I have going for me. And literally everyone loves how much they are paying taxes.

And it wasn't the taxes that gave the 1% 4 trillion, it was the American rescue plan, and the build back better plan.

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TCJA took away the state/local tax break people were getting.

SALT

[shovelquest]

Did you all know that since 2008, 25% of the US treasury bonds have been purchased by the federal reserve, through contracts?

This means that since 2008, 25% of our economy has been generated through printing money (point of purchase contracts for us treasury bonds). The Feds buy Treasury bonds by creating bank reserves, which are credited to the banks' accounts at the Fed.

This process increases the money supply because it creates additional reserve balances at the banks, which can then support more lending and economic activity.

(2008-2010): In response to the financial crisis of 2008, the Fed launched its first round of QE, purchasing about $1.75 trillion in government bonds and mortgage-backed securities.

(2010-2011): The Fed announced it would purchase an additional $600 billion in U.S. Treasury securities.

(2012-2014): This phase was open-ended and resulted in approximately $1.6 trillion in purchases by the end of 2014.

(2021-2022): The Fed's balance sheet expanded dramatically from about $4 trillion at the start of 2020 to over $8 trillion by mid-2021 due to purchases of U.S. Treasury and mortgage-backed securities.

Now before we make this a left vs right thing, lets not ignore that all of these happened during THE SAME GUY's administration. Im not blaming him.. but let's not even try to blame anyone.

Let's instead just accept the fact, that since the housing crash, we've lived in a fake economy.

Is it going to last? I don't think so.

[Botten]

I am afraid crypto will be embraced until that bubble pops.

[shovelquest]

Originally Posted by Botten [You must be logged in to view images. Log in or Register.]

crypto.

I feel like there was a previous time in history where everyone was investing everything into some kind of market that was heavily unregulated and it created a problem down the road after a handful of people got super rich...

Like, almost like around an even 100 years ago I feel like... but I just can't put my finger on it.

[NopeNopeNopeNope]

Originally Posted by Ekco [You must be logged in to view images. Log in or Register.]

our social safety net is better than any commie experiment in human history

Might be true if commie systems were just that bad (I’m not a history buff so I dunno), but here in America our safety net can be pretty shitty depending on what state you live in

Myself if I decided to stop working as a single adult man, let’s say with no friend/family supports, I’d be pretty fucked

Sure, I get free healthcare with no income which is the best part IMO. But not much beyond that. The amount of $$ I would get for food stamps would really help with dieting lol

And “welfare” or TANF simply doesn’t exist for single adults. Even SSID is damn hard to get in my state and doesn’t pay shit if you do. You have to be basically lifelong bat shit psychotic (not depressed, not anxious, not OCD, not bi-polar, none of that) to have a chance in hell of getting it for mental health reasons. Or you better be able to not move at all to get it for medical reasons. You could have a literal terminal illness with a few months left to live and you apply and you can ambulate, somewhat, denied

So I’d be left with free healthcare but still no income and no place to live. And there’s no room at shelters. So I would end up with ample opportunity to utilize that free healthcare in the form of all the infections and diseases I would pick up from living under a bridge or in a storm drain


But this is just in my state, others like CA might roll out the red carpet, I dunno

But I’m not a “whiny progressive” because of this. My takeaway is “get your shit together, no one is coming to save you” [You must be logged in to view images. Log in or Register.]

[shovelquest]

That's true we do have a good social saftey net for pretty much everyone but the lower middle class. Why does usa get such a bad rap? [You must be logged in to view images. Log in or Register.]

[Swish]

Originally Posted by shovelquest [You must be logged in to view images. Log in or Register.]

Did you all know that since 2008, 25% of the US treasury bonds have been purchased by the federal reserve, through contracts?

This means that since 2008, 25% of our economy has been generated through printing money (point of purchase contracts for us treasury bonds). The Feds buy Treasury bonds by creating bank reserves, which are credited to the banks' accounts at the Fed.

This process increases the money supply because it creates additional reserve balances at the banks, which can then support more lending and economic activity.



Now before we make this a left vs right thing, lets not ignore that all of these happened during THE SAME GUY's administration. Im not blaming him.. but let's not even try to blame anyone.

Let's instead just accept the fact, that since the housing crash, we've lived in a fake economy.

Is it going to last? I don't think so.

It all went very quiet but wasn't there a thing on America's credit rating dropping in the eyes of some economists/banking establishments? Money machine go brrrrr memes etc.