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CurSedVoyce
California Hillbilly
And as pointed out, both parties after Regan kept pushing dereg further. Even Clinton with the dereg of wall street is given the blame for the 08 crash.
Deregualtion is necessary as government gets top heavy and spends money irresponsibly.
The painful truth, deregulation, tax cuts and dowsizing are inevitable when it comes to the debt we are in or a complete reset of government and finacial instutions. There is nothing to big to fail. Eventually.
CA is a good example. The government here keeps taking in more and on more. Government is a very expensive an inefficient.
One example of regulatory issues reflects in our housing problem. Houses are more expensive to build due to the regulations put in place since I built.
So median price, I seem to remember, is about 800k now.
More windows, stamped pads, engineered septics, fire sprinklers, solar, solar batteries, charge stations in garages, morelights, more outlets.... there is a list. Seemingly good ideas. But out of reach for the normal joe.
Homelessness is at an all time high.
Read a piece on a land lord living in his car. House was forclosed on because since his renters did not have to pay rent, and he can't evict, he cant pay the mortgage. I think he owned two rental properties.
So mini homes... ya know you can about buy a tough shed and make it livable for quite cheap. Not our government.
fortune.com
So pretty expensive per unit.
As far as Trickle Down Theory, it is a politically coined phrase. Mud to throw about.
After tax cuts during Regan and even Trump, tax revenues went up.
Trump era tax cuts were across the board. Not just the wealthy.
Everyone has to have some incentive to drive an economy. The little guy just starting a business, to a larger corporation that employs people. Industry has to be given incentive to start up. Thus making things added to our GDP and jobs.
I agree that both the top wealthy and our politicians, with our politicians help, is stripping the wealth of the nation. You can see that just in how our wages have not kept up with cost of living and inflation for more than a few decades. Hardly partisan though
Deregualtion is necessary as government gets top heavy and spends money irresponsibly.
The painful truth, deregulation, tax cuts and dowsizing are inevitable when it comes to the debt we are in or a complete reset of government and finacial instutions. There is nothing to big to fail. Eventually.
CA is a good example. The government here keeps taking in more and on more. Government is a very expensive an inefficient.
One example of regulatory issues reflects in our housing problem. Houses are more expensive to build due to the regulations put in place since I built.
So median price, I seem to remember, is about 800k now.
More windows, stamped pads, engineered septics, fire sprinklers, solar, solar batteries, charge stations in garages, morelights, more outlets.... there is a list. Seemingly good ideas. But out of reach for the normal joe.
Homelessness is at an all time high.
Read a piece on a land lord living in his car. House was forclosed on because since his renters did not have to pay rent, and he can't evict, he cant pay the mortgage. I think he owned two rental properties.
So mini homes... ya know you can about buy a tough shed and make it livable for quite cheap. Not our government.
California’s homelessness 'solution' is a $1 billion deal for 1,200 tiny homes that might not even come with a bathroom
A year later, no one’s buying.
As far as Trickle Down Theory, it is a politically coined phrase. Mud to throw about.
After tax cuts during Regan and even Trump, tax revenues went up.
Trump era tax cuts were across the board. Not just the wealthy.
Everyone has to have some incentive to drive an economy. The little guy just starting a business, to a larger corporation that employs people. Industry has to be given incentive to start up. Thus making things added to our GDP and jobs.
I agree that both the top wealthy and our politicians, with our politicians help, is stripping the wealth of the nation. You can see that just in how our wages have not kept up with cost of living and inflation for more than a few decades. Hardly partisan though
CurSedVoyce
California Hillbilly
Oh, I forgot to add, about our insurance crisis.......
Because housing went through the roof, insurance companies are denying insurance. Or making as much or more than the mortgage. Like the CA Fair Plan.
They cant afford to replace the houses should they burn etc.
Because housing went through the roof, insurance companies are denying insurance. Or making as much or more than the mortgage. Like the CA Fair Plan.
They cant afford to replace the houses should they burn etc.
BlackSmith
Uncivil
Nutball
TreeHouser
X Banned Nationwide in Brazil: The War For Free Speech Has Begun
We are in the fight of our lives for free speech and the free internet on a global scale. If we lose it, we will never get it back. This is the hill to die on. It's time to wake up and get to work. Today Brazil has banned the...
news.gab.com
Rights lost are seldom, if ever regained. Hence the importance of the Second Amendment.
Censorship is not a new thing. YouTube has been censoring for years. Seems staying cozy with the right folks supersedes conscience for some.
Censorship is not a new thing. YouTube has been censoring for years. Seems staying cozy with the right folks supersedes conscience for some.
Musk censors twitter. He can shove his "free speech" up his ass. "Free speech" means 'agrees with muskrat'. The sooner that cesspool shuts down, the better for everyone. He's got Trump's business acumen. Buys the site for $44b(L O friggin' L) and removes 72% of it's value by Jan 2024, and I'm sure it's worse now.
edit:
in sake of accurate posting, I found a brand new estimate of twitter's value. Still -72%, so yay I guess? He managed to not make it significantly worse in 9 months, but with his expertise(anyone seen that masterpiece of a truck he created?!), those numbers will be falling soon enough.
edit2:
edit:
in sake of accurate posting, I found a brand new estimate of twitter's value. Still -72%, so yay I guess? He managed to not make it significantly worse in 9 months, but with his expertise(anyone seen that masterpiece of a truck he created?!), those numbers will be falling soon enough.
edit2:
Last edited:
Nutball
TreeHouser
Scary to think what would happen if an electric or hybrid car gets flooded. Do the occupants get electrocuted?
CurSedVoyce
California Hillbilly
Catches 🔥
CurSedVoyce
California Hillbilly
In case you missed it, in early August, there was a NPD data breach that included millions of SS numbers, addresses, birthdates and phone numbers.
spycloud.com
I was made aware of it by my nefew who is in the tech world. I did a search here...
npd.pentester.com
Sure enough. Got hit.
Received a call today about someone trying to get an additional card on a Chase account I have. Search shows they are using a recently dead womans name and such.
I did a credit freeze through Experian, TransUnion and Equifax. Only cost was the Transunion subscription. Unless you want ID theft protection.
A search through TransUnion revealed a dark web presence of my info.
Might be prudent to check yall.
I was in the process of doing so before I fell. But since I have nothing but time these days. ...
What to Know About the National Public Data Breach – Is it Worthy of the Hype?
The National Public Data (NPD) breach includes nearly 2.7 billion leaked records – including social security numbers. Here’s what to know.
spycloud.com
I was made aware of it by my nefew who is in the tech world. I did a search here...
NPD Breach Check - Pentester.com
npd.pentester.com
Sure enough. Got hit.
Received a call today about someone trying to get an additional card on a Chase account I have. Search shows they are using a recently dead womans name and such.
I did a credit freeze through Experian, TransUnion and Equifax. Only cost was the Transunion subscription. Unless you want ID theft protection.
A search through TransUnion revealed a dark web presence of my info.
Might be prudent to check yall.
I was in the process of doing so before I fell. But since I have nothing but time these days. ...
BlackSmith
Uncivil
pigwot
M's, Juniper's, Lowen’s, and Inge’s Grandpa
The "across-the-board tax cuts" ala Trump that you mentioned - you do realize that the cut for the ever-dwindling middle class in that bill only initially went down and then back up, while he has sworn if he is re-elected he will push for permanent tax breaks for the wealthy... not us schmucks.
pigwot
M's, Juniper's, Lowen’s, and Inge’s Grandpa
BlackSmith
Uncivil
pigwot
M's, Juniper's, Lowen’s, and Inge’s Grandpa
Let’s be clear: The fact that the Fed is likely to cut interest rates is good news overall, in that it is the clearest sign yet that inflation is coming under control.
Price increases have been slowing for years. Overall Consumer Price Index inflation stood at 2.5 percent in the year through August, down from a peak of 9.1 percent in the summer of 2022.
As inflation approaches a normal pace, it has allowed the Fed to focus more intently on its other goal: maintaining a strong job market. By lowering interest rates gradually, the Fed is hoping to cool inflation without grinding the job market to a halt.
So far, consumer spending is holding up and hiring is continuing, albeit at a slower pace than in 2022 and 2023. But the unemployment rate has been creeping up over the past year, a warning that the Fed could overdo its efforts to cool the economy.
Christopher Waller, a Fed governor, acknowledged in a recent speech that figuring out the perfect speed to cut interest rates in order to nail the so-called soft landing could be a challenge.
A slower pace of cuts would come at “the risk of moving too slowly and putting the labor market at risk,” he said. But, he added, “cutting the policy rate at a faster pace means a greater likelihood of achieving a soft landing but at the risk of overshooting on rate cuts.”
Price increases have been slowing for years. Overall Consumer Price Index inflation stood at 2.5 percent in the year through August, down from a peak of 9.1 percent in the summer of 2022.
As inflation approaches a normal pace, it has allowed the Fed to focus more intently on its other goal: maintaining a strong job market. By lowering interest rates gradually, the Fed is hoping to cool inflation without grinding the job market to a halt.
So far, consumer spending is holding up and hiring is continuing, albeit at a slower pace than in 2022 and 2023. But the unemployment rate has been creeping up over the past year, a warning that the Fed could overdo its efforts to cool the economy.
Christopher Waller, a Fed governor, acknowledged in a recent speech that figuring out the perfect speed to cut interest rates in order to nail the so-called soft landing could be a challenge.
A slower pace of cuts would come at “the risk of moving too slowly and putting the labor market at risk,” he said. But, he added, “cutting the policy rate at a faster pace means a greater likelihood of achieving a soft landing but at the risk of overshooting on rate cuts.”
Nutball
TreeHouser
It's been averaging 10% per year for the past 5 years. Just my observation.
Hahahahahahahahahahaha no shit you pay less money on a loan when the interest rates are lower, but why were they raised again? Oh yeah that's right, covid crashed everything while trump called it a hoax, the fed (a republican btw) not Biden raised the rates to try to control inflation and republicans refused to work with the dems to windfall tax companies that were raping customers because they are there to serve the investor class. So basically the republican plan was to punish the working class to ensure the rich keep getting richer, easy to do when you control the fed and the house, fed acts while the house makes sure that no other action is taken. No wonder he loves the poorly educated...
Nutball
TreeHouser
Competition in many cases leads to everyone suffering, or some winners and some losers. In the winners and losers scenario, the winners end up having less and less competition until they become one of very few options. To bring back competition would mean destroying big business every time it turns into big business. Just my opinion after only having spent 2 minutes thinking about it.
CurSedVoyce
California Hillbilly
Big business that's destroyed by the smallest form of competition should die, that's called a monopoly. I'm all for destroying monopolies, and so should anyone who thinks they like capitalism, because a monopoly isn't a true market. They should have a law where no one should control more than 20% of a market or so, that way it forces competition.
Lol that's some awesome karma there!
Mick!
TreeHouser
Karma has nothing to do with it, Mossad proving themselves to be unsurpassed in this sort of stuff.
CurSedVoyce
California Hillbilly
Fresh delivery of pagers here for ya boys....
