Money & Economics
- Thread starter bigredfish
- Start date
"Biden claims the economy is booming but noted that "much of it comes from government spending and employment," adding that the government share of GDP is 42%—including federal, state, and local spending."
"This outrageous share is similar to what it was in the Soviet Union in the late 1980s—before the collapse."
www.zerohedge.com
"This outrageous share is similar to what it was in the Soviet Union in the late 1980s—before the collapse."
Watch: Col. Douglas Macgregor (Ret) Provides Nation With Alternative View Of The State Of The Union | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
mat200
IPCT Contributor
- Jan 17, 2017
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Zeihan is a Keynesian
Keynesian economics is the scourge of my profession. Peter Zeihan, someone I respect, is doing economic analyses through the lens of Lord John Maynard Keynes. I hope to bring awareness to his economic comments and perhaps send him on a course correction.
update: also worth checking him out on marx ..
Keynesian economics is the scourge of my profession. Peter Zeihan, someone I respect, is doing economic analyses through the lens of Lord John Maynard Keynes. I hope to bring awareness to his economic comments and perhaps send him on a course correction.
update: also worth checking him out on marx ..
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This is amazing... Apparently the FDIC is a seriously messed up organization....
Another one--- big banks colluding with government agencies and handing over information about bank clients and what they buy, who they donate money to, etc. etc. etc.... as the government builds criminal cases against people they simply don't like. How in the Fuck is this not on every damn news channel and media outlet everywhere in this country? (Probably because the feds told the media not to run the goddam story-- and they're more than happy to oblige).
It really feels like We are fucked.
It really feels like We are fucked.
We are our own biggest customer...wow"Biden claims the economy is booming but noted that "much of it comes from government spending and employment," adding that the government share of GDP is 42%—including federal, state, and local spending."
"This outrageous share is similar to what it was in the Soviet Union in the late 1980s—before the collapse."
Watch: Col. Douglas Macgregor (Ret) Provides Nation With Alternative View Of The State Of The Union | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
mat200
IPCT Contributor
- Jan 17, 2017
- 15,380
- 25,930
ah the old Visa Master Card game ..
Make the flow .. get a % of it ..
intermediation between the tax payer and the "service" ..
you get a check, you get a check, .. everyone gets a check .. ( and I get a % of it all )
Newest tax data....
There are two big things to learn here.
1. The RICH actually DO "pay their fair share", as the 1% pay almost 46% of ALL INCOME TAXES PAID.
2. The Trump Tax Break for the Rich" apparently Failed Bigly.... as the share of all taxes paid by the 1% has gone UP from 2017 when they paid
Here is the 2021 data (Trump budget/tax code in place:
Here is the 2017 data (Obama budget in place):
Bottom line:
TRUMP TAXED THE WEALTHY MORE THAN OBAMA.
There are two big things to learn here.
1. The RICH actually DO "pay their fair share", as the 1% pay almost 46% of ALL INCOME TAXES PAID.
2. The Trump Tax Break for the Rich" apparently Failed Bigly.... as the share of all taxes paid by the 1% has gone UP from 2017 when they paid
Here is the 2021 data (Trump budget/tax code in place:
Here is the 2017 data (Obama budget in place):
Bottom line:
TRUMP TAXED THE WEALTHY MORE THAN OBAMA.
mat200
IPCT Contributor
- Jan 17, 2017
- 15,380
- 25,930
View attachment 190393
"...It's very difficult to detain someone because we don't want to have an altercation..."
THIS ATTITUDE is what is wrong with retail in that kind of environment. They should be going out of their way to broadcast that they WILL use all force needed to detain shoplifters, then let the idiots play FAFO. Guess what will happen-- the idiot THIEVES will quit going there, and honest customers will flock to the place because it represents Safety.
"...It's very difficult to detain someone because we don't want to have an altercation..."
THIS ATTITUDE is what is wrong with retail in that kind of environment. They should be going out of their way to broadcast that they WILL use all force needed to detain shoplifters, then let the idiots play FAFO. Guess what will happen-- the idiot THIEVES will quit going there, and honest customers will flock to the place because it represents Safety.
Something tells me it is a bottom line thing. We see the crimes and think it is cutting into their profit. They just raise the prices to make up for the losses. Don't know the percentage of loss but the risk of them being sued or bad publicity I think out weighs the loss. Plus they are Insured up to a certain point.
Reminds me of the passenger United Airlines dealt with that refused to give up his seat and the airport police drug him off the plane. The Truth that never made MSM was the guy had already exited the plane and excepted to be paid to give up his seat. He ran back on the plane and that is when the chaos ensued. Ask anyone who worked for United, they all know the Truth, but it was better for United to admit fault. Their shares fell, flights were being canceled.
What makes me mad about these laxed laws is they are teaching our youth that is it ok to steal up to $900, I think in California right? Notice how companies are firing anyone who tries to stop a thief.
It's kinda weird how bars still have bouncers... Retail needs to take that mindset if they are doing business in these kinds of locations-- big goddam bouncers at the doors. I do agree with what you stated-- but I think it is a horribly misguided policy and that they have a net LOSS due to theft that they ultimately encourage via shitty fearful policy. Closing stores cannot be a good profit enhancing move.
Yep agree. Though Bouncers are used to keep customers from beating up on each other
instead of theft.My Mother worked at Walmart for almost 3 decades, she was in HR most of that time. What surprised me is most of their theft was from employees, not customers. This was at 3 Super Centers that she was HR for.
These would stop the economic beating that thieves inflict on the business and every other customer.Yep agree. Though Bouncers are used to keep customers from beating up on each other
Speaking of Bouncers, funny but we just watched the new "Road House" movie...These would stop the economic beating that thieves inflict on the business and every other customer.
It’s already had a test drive in Canada. You forgot the freezing of bank accounts based off a government supplied list of names.
Ruled illegal after fact, but damage done.
Really, really, really, REALLY wishing I had bought 20 Gold Eagles when I was considering it back in October...
America's Minsky Moment Approaches
America's Minsky Moment Approaches | ZeroHedge
America's Minsky Moment Approaches
America's Minsky Moment Approaches | ZeroHedge
Yeah me too, my Son-in-Law bought coins about az month ago.