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Replies: 27
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Hall of Famer [24777]
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When is the US going to start freezing the personal assets
Mar 13, 2022, 7:03 PM
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of "our oligarchs"...? (You know, the Bankstas, Wall Street/Congressional inside traders, Govt. contractors/lobbyists with their 'cost overruns', etc.)
I forgot... That might pull back the curtain on that false holy grail of CAPITALISM.
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110%er [5677]
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Re: When is the US going to start freezing the personal assets
Mar 13, 2022, 7:06 PM
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is this how you tell yourself it's okay you are a failure? ...That everyone else has cheated to get what they have but you don't cheat so you don't have?
pathetic.
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Heisman Winner [111603]
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Re: When is the US going to start freezing the personal assets
Mar 13, 2022, 7:11 PM
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by his definition, if you do not have a yacht, you are a failure? Does this mean we are all failures, or that the finance sector has been ripping us off for the better party of 40 years? DO you like taking it in the pooper by Harvard grads that have never done a day of real work in their life, but buy 2nd and third homes by skimming off everyone else? Should we all get on our knees because we are "failures", or maybe we can stop bickeringover stupid shit and do something about it?
Now I am not talking about getting rid of capitalism, but installing some structural changes that level the playing field might be helpful?
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110%er [8984]
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Re: When is the US going to start freezing the personal assets
Mar 13, 2022, 7:18 PM
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sounds like you want to remove the incentive for working hard or taking risks
a bunch of folks will starve under your plan
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All-In [40933]
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nah we all get bread
Mar 13, 2022, 7:21 PM
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and if there is no bread we get cake
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Heisman Winner [111603]
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My plan is to reign in the finance sector
Mar 13, 2022, 7:56 PM
[ in reply to Re: When is the US going to start freezing the personal assets ] |
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we are not on the same page here. It should not be risky to start a business, although really it is not. If you have access to prime rates on a loan, these days you can make money by borrowing. You and I do not get these sweet .7% loans because we do not know the right people.
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110%er [8984]
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Re: I am not sure what plan you are tlaking about
Mar 13, 2022, 7:57 PM
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structural changes sound expensive
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Heisman Winner [111603]
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Re: I am not sure what plan you are tlaking about
Mar 13, 2022, 8:10 PM
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at least we are talking now. How about we first start by eliminating fees in our retirement accounts? It is all done by computer. Did you know that if you are paying over 2% to manage your 401k, you are taking a gigantic d!ck in the as? They are literally taking 30% of your total retirement away from you to do nothing. How does that make you feel?
Message was edited by: Tigerbalm1®
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110%er [7128]
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Re: When is USA going to freeze personal assets - - Wall St.
Mar 15, 2022, 12:48 AM
[ in reply to Re: When is the US going to start freezing the personal assets ] |
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While not often in agreement with you @Tigerbalm1®, your structural changes in the financial market are long long overdue.
This isn't a shot at capitalism, but rather a shot at crony capitalism.
Does anyone remember TBTF (Too Big To Fail)? While the big investment banks complain about it now, back from 2008 through 2011 / 2012? GE got bailed out by the US Gov't to the tune of $139B (yes, Billion).
That's a lot of tacos.
GE CEO Jeffrey Immelt, a registered Republican, quipped "We're all Democrats now."
Anyone got a guess as to why GE's NBC News business (which back before Obama became president had already slanted to the liberal side) became a full-on propaganda network for the Democrats? Because NBC News was a rounding error on GE's books compared to influx of money over which the Democrat administration had provided.
This example is meant to illustrate an example of crony capitalism, and the 'new USA' in which both the Republicans (as the original Crony Capitalists) and the Democrats (the new guard Crony Capitalists) stack the deck like never before against politically-un-connected Americans.
This needs to change, but with both Republicans and Democrats being beneficiaries, then how / who makes this change?
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Hall of Famer [24777]
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OK, Boss. No, skip that. I haven't used that word in 40 yrs
Mar 13, 2022, 7:27 PM
[ in reply to Re: When is the US going to start freezing the personal assets ] |
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Other than some medical bill I'm waiting to clear the 'insurance delay', I don't owe ANYBODY ANYTHING.
I built my own house cash. I've always bought my family's vehicles cash. I bought my Airstream and 'sporting goods' cash.
I worked for myself as a builder for over 35 years. You got the wrong MFer, MFer...
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All-TigerNet [13115]
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Re: When is the US going to start freezing the personal assets
Mar 13, 2022, 7:43 PM
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Apparently in America “oligarchs” are:
Tea party members
Truckers
People with more than one American flag
Non-vaxxers
Moms that attend school board meetings
Trump paraders
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Hall of Famer [24777]
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No, those are today's radicals.***
Mar 13, 2022, 7:47 PM
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All-In [34592]
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Worst two things our Govt ever did was pass the Fed Reserve
Mar 13, 2022, 8:16 PM
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Act and bail out the banks 14 yrs ago.
Effing criminal.
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Hall of Famer [24777]
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And that's after 'feeding them' daily for decades... Take a
Mar 13, 2022, 8:25 PM
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more nuanced look and you'll see what's been going on... Like you posted, it started on Jekyll Island in 1913.
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All-In [34592]
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It sure did***
Mar 13, 2022, 8:45 PM
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All-TigerNet [10887]
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Fed Reserve means govt owns all property
Mar 13, 2022, 9:19 PM
[ in reply to Worst two things our Govt ever did was pass the Fed Reserve ] |
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and therefore we don't have a free market. You can argue about the definition of capitalism and what it really means, but I just care about freedom, and the Federal Reserve is the single biggest economic embargo on freedom
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Hall of Famer [24777]
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And the single biggest "in" for those who do control it all.***
Mar 13, 2022, 10:10 PM
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Hall of Famer [24067]
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Re: Fed Reserve means govt owns all property
Mar 13, 2022, 10:40 PM
[ in reply to Fed Reserve means govt owns all property ] |
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Did you know that the Federal Reserve invented gravity? They did it to keep people from flying. They're also controlling the sun. They make the temperature change throughout the year. They also control how tall people are. Yup, set by the Federal Reserve. The Chairman and the board of governors, that are picked by the President and confirmed by the Senate, aren't really the one's making the decisions. There are really other people making the decisions. It's not the one percent either. Yep, you guessed it. It's the people that live in the center of the Earth that are really in control.
Message was edited by: p6fuller®
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Hall of Famer [24777]
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It's a conspiracy !!! Get a grip, simpleton.***
Mar 13, 2022, 11:09 PM
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Hall of Famer [24067]
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Re: It's a conspiracy !!! Get a grip, simpleton.***
Mar 13, 2022, 11:15 PM
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Exactly - if you don't know that Earth Core Lizard people are really in control, you're probably crazy.
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All-TigerNet [10887]
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If you can invent money to pay for anything, and everyone is
Mar 14, 2022, 4:51 PM
[ in reply to Re: Fed Reserve means govt owns all property ] |
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forced to use your currency to transact, then you own everything.
“GIVE me control of a nation's money supply, and I care not who makes its laws.”
This isn't a conspiracy or some crazy story like you so cleverly alluded to. It's just a reality most people don't want to acknowledge because they are more comfortable being asleep.
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Hall of Famer [24067]
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Re: If you can invent money to pay for anything, and everyone is
Mar 14, 2022, 5:01 PM
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No. Just because a country has a currency, doesn't mean they have ownership of everything.
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Hall of Famer [24067]
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Re: If you can invent money to pay for anything, and everyone is
Mar 14, 2022, 5:09 PM
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Now, that doesn't mean that I don't think the Fed Reserve has enormous power through what they can do (Fed funds rate and FOMC). They certainly do, but they get credited with a lot more than they actually control. One of my favorites is when congressional members, during oversight hearings, ask the Fed Chairman what the FR is doing about fiscal policy.
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110%er [7128]
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Re: Fed Reserve means govt owns all property
Mar 15, 2022, 3:13 PM
[ in reply to Fed Reserve means govt owns all property ] |
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(Trying this again) ...
What me worry CharlestonTom®?
The Federal Reserve is supporting all of those freshly printed virtual US Dollars which are backed by "the full faith and credit" of the United States Government.
We can all breathe easily now.
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Hall of Famer [24067]
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Re: When is the US going to start freezing the personal assets
Mar 13, 2022, 10:02 PM
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Oh yeah - we definitely need to freeze the assets of the hybrid alien/lizard people.
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Hall of Famer [24777]
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Cute.***
Mar 13, 2022, 10:11 PM
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Hall of Famer [24067]
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Re: Cute.***
Mar 13, 2022, 10:22 PM
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It's about right for this board
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Hall of Famer [24777]
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Study a little history. (Hint: It's as cyclical as seasons.)***
Mar 13, 2022, 11:16 PM
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50
