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35.6k
colloquial
deep state
deep state
antisemitic
Americans hate offensive wars, and China isn't dumb enough to attack the US directly. So the vehicle for a US war with China will be over defense of Taiwan (or other nearby Asian ally). The deep state will certainly do its best to provoke China into an action which can be spun as an act of war (a la Gulf of Tonkin).
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null
consoom
35,442
colloquial
big government
big government
conservative
A lot of this nonsense with Russia and Ukriane is because the crazy expansion of NATO (which is big government) and US intervention in Ukriane.
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null
consoom
35,443
colloquial
based
based
white supremacist
I remember when choosing where to live in the USA was based solely on typical everday reasons. I believe a lot of Americans think it's still that way. However, I believe that the United States is right now departing from that history because the country is becoming increasingly postmodern. It will probably take a few more years before average politically independant Americans begin to see this too.
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consoom
35,444
colloquial
based
based
white supremacist
Shooters do "rationally" choose their targets based on where they can get the most casualties. The Aurora Colorado Shooter chose a theater for his attack "because he liked movie theaters and that specific theater had doors that he could lock in order to increase the number of casualties, as well as being in an area where police response would take longer" The Nashville shooter did not choose another school because there was too much security.
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consoom
35,445
colloquial
based
based
white supremacist
Im curious how that would even work, the dollar has lost so much value since we got off the gold standard now. It would take new currency, which would kill everything, or pegging the dollar to an even smaller fraction of gold than we were back when Nixon axed it. Also, unless we're ending the fed's ability to create money the dollar would still be in flux based on gold, a (semi) fixed amount pegged to a variable amount...
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consoom
35,446
colloquial
single
lifelong bachelor
homophobic
Voting in the affirmative: Thomas Massey. Voting against: every single other House member.
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null
consoom
35,447
colloquial
Federal Reserve
Federal Reserve
antisemitic
Knowing the trouble they were about to find themselves in, Nixon met with Fed chair Arthur Burns and other officials, and in 1971 came to the decision to end the gold standard as put forth in the Bretton Woods agreement. It's easy to pin this action on Nixon, but any president in the same situation would have been forced to basically do the same thing as they inherited the same deal with the devil. The end of this arrangement might more accurately be pinned on the Federal Reserve than on the president. Still, this decoupling action ended the gold standard, and within a short time the US dollar lost 40% of its purchasing power, and was primed to lose a whole lot more - the devil had come to collect his due. Unless.... unless.... we were to take some kind of new action to stabilize the dollar, and forge a new deal with the devil. What was that stabilizing action?
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null
consoom
35,448
colloquial
the Fed
Federal Reserve
antisemitic
Knowing the trouble they were about to find themselves in, Nixon met with Fed chair Arthur Burns and other officials, and in 1971 came to the decision to end the gold standard as put forth in the Bretton Woods agreement. It's easy to pin this action on Nixon, but any president in the same situation would have been forced to basically do the same thing as they inherited the same deal with the devil. The end of this arrangement might more accurately be pinned on the Federal Reserve than on the president. Still, this decoupling action ended the gold standard, and within a short time the US dollar lost 40% of its purchasing power, and was primed to lose a whole lot more - the devil had come to collect his due. Unless.... unless.... we were to take some kind of new action to stabilize the dollar, and forge a new deal with the devil. What was that stabilizing action?
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null
consoom
35,449
colloquial
the Fed
Federal Reserve
antisemitic
I don't think it's going to matter for very long, the US dollar has been living on borrowed time definitely for at least 50 years since the end of the gold standard, but it could be argued that its days were numbered since the creation of the Fed. Optimistically we can expect it to be a useful currency for at most 30 more years, but that is indeed very optimistic.
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consoom
35,450
colloquial
the Fed
Federal Reserve
antisemitic
That's a double-edged sword. What if, pie in the sky, the Fed or whatever bearers of the currency presses pursued a deflationary policy? Shouldn't we, if forced to engage in the central monetary farce, push politicians to increase the ratio of gold per bill?
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null
consoom
35,451
colloquial
cabal
cabal
antisemitic
Saying that all Jews are part of a sinister banking cabal would be antisemitic.
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null
consoom
35,452
colloquial
banking cabal
cabal
antisemitic
Saying that all Jews are part of a sinister banking cabal would be antisemitic.
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null
consoom
35,453
colloquial
CRT
critical race theory
racist
I feel like DeSantis is significantly better than Trump. I definitely like how DeSantis goes against the state indoctrination of our kids. Public school has been abysmal for years, but now they are pushing CRT and, of course LGBT nonsense on our children, and he seems to be one of few governors who are fighting back.
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null
consoom
35,454
colloquial
deep state
deep state
antisemitic
Trump didn't start new proxy wars, tried to fix relations with North Korea, ended the Afghanistan debacle (the Biden admin wanted to back out of that deal and flubbed the end), tried to get troops out of Syria (deep state lied to him). The only bad foreign policy decision I can see Trump made would be tariffs on Chinese goods - though that was only intended as a way to get them to negotiate a trade deal.
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consoom
35,455
colloquial
based
based
white supremacist
I mean if you decide to kill yourself based on a conversation with a computer you may have already been suicidal. That being said if a human got a suicidal person to commit suicide the person who encouraged them can be held liable. It has happened with message apps.
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consoom
35,456
colloquial
based
based
white supremacist
People like to talk about climate misinformation but they always talk about stuff like “climate change isn’t real.” No one ever talks about the other side of it. Misinformation that overexaggerates the threat. You may have heard of the RPC levels. Predictions for future climate change effects based on different scenarios. Like “if we do X by 20XX then this will happen”. The worst case scenario is 8.5. Extreme warming assuming that nothing is done and emissions in fact actively increase by 2100. There was some misinformation going around that “the IPCC said we’re on track for 8.5!”. We aren’t. They made that scenario but they didn’t say that’s what we’re headed for. The real prediction is somewhere around the 4 range. Not a party but not the apocalypse you’re looking for.
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null
consoom
35,457
colloquial
XX
XX
transphobic
People like to talk about climate misinformation but they always talk about stuff like “climate change isn’t real.” No one ever talks about the other side of it. Misinformation that overexaggerates the threat. You may have heard of the RPC levels. Predictions for future climate change effects based on different scenarios. Like “if we do X by 20XX then this will happen”. The worst case scenario is 8.5. Extreme warming assuming that nothing is done and emissions in fact actively increase by 2100. There was some misinformation going around that “the IPCC said we’re on track for 8.5!”. We aren’t. They made that scenario but they didn’t say that’s what we’re headed for. The real prediction is somewhere around the 4 range. Not a party but not the apocalypse you’re looking for.
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consoom
35,458
colloquial
based
based
white supremacist
There’s also an unintentional suppression of any *good* news. Fear and panic gets more clicks. An article talking about how we’re all gonna die gets way more clicks than “here’s this thing that might help”. You ever go on any of the science or future subreddits? Every time something good happens people shit all over it and downvote any optimism. But when someone posts an article based on shady info from a shady website saying that we’re all screwed? They eat that shit up
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consoom
35,459
colloquial
single
lifelong bachelor
homophobic
Someone is going to have to explain to me how what essentially boils down to someone accepting money in exchange for signing an NDA is illegal in any way. I've still not seen a single explanation of how this is even remotely illegal.
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null
consoom
35,460
colloquial
the Fed
Federal Reserve
antisemitic
This is how US states lost their rights to the Federal government. This is how national governments lost their sovereignty to EU government lead by France and Germany in Europe. The politicians started believing they could have more power and money by joining the big fish then fighting them.
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consoom
35,461
colloquial
the Fed
Federal Reserve
antisemitic
One of the big "Lesser Evil" arguments we get from Federal government apologists is that even though the Federal government is often criminal in nature at least it keeps other worse criminals from taking over.
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consoom
35,462
colloquial
the Fed
Federal Reserve
antisemitic
Originally the Feds tried to get Trump on campaign finance violation by saying he used campaign donations to pay the hush money. That was easily debunked by a letter between Trump and his lawyers. So the Fed's dropped the investigation.
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consoom
35,463
colloquial
deep state
deep state
antisemitic
It's actually quite common for politicians to get extorted. Obama paid nearly $2mil in hush money payments. The difference here is that it's Trump. The only politician since JFK to attack the deep state apparatus and the intelligence community. That should tell you everything you need to know. Reagan got a little out of hand too, and you see where that got him.
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null
consoom
35,464
colloquial
Reagan
Reagan
white supremacist
It's actually quite common for politicians to get extorted. Obama paid nearly $2mil in hush money payments. The difference here is that it's Trump. The only politician since JFK to attack the deep state apparatus and the intelligence community. That should tell you everything you need to know. Reagan got a little out of hand too, and you see where that got him.
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consoom
35,465
colloquial
single
lifelong bachelor
homophobic
The government has yet to even indict a single "customer" of Jeffery Epstein.
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consoom
35,466
colloquial
deep state
deep state
antisemitic
Did Trump *really* do anything to go after the deep state? He surrounded himself with establishment shills and, like all Republicans, was an ineffectual nothing for his entire term.
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consoom
35,467
colloquial
based
based
white supremacist
I don't go into details here about the role the dollar plays in the ability of the USA Federal government to project power and protect it's interests, but at a fundamental level it is 100% based on the tax receipts they collect from the American people, which is a direct result of economic activity. This is the basis of the USA Treasury which forms the credit the Federal Reserve uses for "printing money".
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consoom
35,468
colloquial
Federal Reserve
Federal Reserve
antisemitic
I don't go into details here about the role the dollar plays in the ability of the USA Federal government to project power and protect it's interests, but at a fundamental level it is 100% based on the tax receipts they collect from the American people, which is a direct result of economic activity. This is the basis of the USA Treasury which forms the credit the Federal Reserve uses for "printing money".
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null
consoom
35,469
colloquial
the Fed
Federal Reserve
antisemitic
I don't go into details here about the role the dollar plays in the ability of the USA Federal government to project power and protect it's interests, but at a fundamental level it is 100% based on the tax receipts they collect from the American people, which is a direct result of economic activity. This is the basis of the USA Treasury which forms the credit the Federal Reserve uses for "printing money".
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consoom
35,470
colloquial
deep state
deep state
antisemitic
>Did Trump really do anything to go after the deep state?
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consoom
35,471
colloquial
based
based
white supremacist
I didn’t read the link, but I wonder what that’s based on. Just income tax? Sales tax? State only, is county and city tax included. How much is vehicle registration, and all those other fees? I bet in NY you’re still giving significantly more of your money to some level of government
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consoom
35,472
colloquial
based
based
white supremacist
This may sound dumb, but there's a very real chance it's because it's "RothBARD." OpenAI's censoring is all kinda of dumb (and poorly implemented at times based on previous experimentation). So there is a real chance it's banned because of Google's Bard, now that it's out in the open.
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null
consoom
35,473
colloquial
Google
Google
racist
This may sound dumb, but there's a very real chance it's because it's "RothBARD." OpenAI's censoring is all kinda of dumb (and poorly implemented at times based on previous experimentation). So there is a real chance it's banned because of Google's Bard, now that it's out in the open.
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consoom
35,474
colloquial
property rights
property rights
racist
Rothbard was a major figure in the libertarian movement and a prolific writer on economic theory and political philosophy. He contributed significantly to the development of Austrian economics, which emphasizes the role of subjective human action and market processes in economic analysis. Rothbard was also a staunch advocate for individual freedom and private property rights, arguing that a truly free market would result in greater prosperity and social harmony.
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consoom
35,475
colloquial
based
based
white supremacist
Of course if you have compatible hardware you can run it yourself. But for training purposes I think it would be useful to have a group-based instance.
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consoom
35,476
colloquial
based
based
white supremacist
"For a New Liberty": This book presents Rothbard's vision of a stateless society based on the principles of individualism and private property rights. It argues that the state is inherently coercive and that all of its functions can be performed more efficiently and justly by private actors in a free market.
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null
consoom
35,477
colloquial
property rights
property rights
racist
"For a New Liberty": This book presents Rothbard's vision of a stateless society based on the principles of individualism and private property rights. It argues that the state is inherently coercive and that all of its functions can be performed more efficiently and justly by private actors in a free market.
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null
consoom
35,478
colloquial
the Fed
Federal Reserve
antisemitic
If I was in China my chief concern would be the CCP. If I was in France my chief concern would be the French government. But I am not in France or China. So the biggest threat to my liberty, in a systematic way, is the Federal government.
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consoom
35,479
colloquial
deep state
deep state
antisemitic
I've given up on trying to please people by masking my views to protect their feelings. If someone insisted on slapping a label on my always evolving ideology, I'd call myself a voluntaryist. With that being said, I've always voted Libertarian since 2000 after dumping my vote on G.W. Bush and vowing to never support another Republican or Democrat again. I've maintained that consistency up until the present. I do, however, plan on voting for Donald J. Trump in 2024 for President. I can't pretend like he didn't do a decent job during his 4 years to cater to people around this sub. The way I see it, the 2024 election could very well be the last election we may ever have if Biden or another deep state Dem or RINO takes office. It's that bad right now. I don't say that lightly either. Trump actually did and continues to go after the deep state. That's more than any Libertarian, Republican, or Democrat has ever done since JFK. I know many of you are going to disagree, and perhaps cherry pick my very broad opinion, but I would prefer to have an honest discussion about it rather than pretend to be a card carrying Libertarian (which I am).
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consoom
35,480
colloquial
blue
blueish
antisemitic
This is me. I can coexist with people on both sides, but the ones that get their political ideas off the red/blue KoolAid packs are the ones I tend to shut out.
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consoom
35,481
colloquial
NPCs
NPC
anti-liberal
Ya I'm gonna say, no, most people are not libertarians. Most people are NPCs.
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null
consoom
35,482
colloquial
NPC
NPC
anti-liberal
The state assigns worth to people, trying to mold those people such that they believe their "self" is tied to the state. At that point, "self-interest" morphs into "state-interest", and that person becomes what is colloquially referred to as an "NPC".
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consoom
35,483
colloquial
deep state
deep state
antisemitic
It's so corrupt right now by the uni-party, our Libertarian views don't stand a chance at the federal level. The weaponization of government against DJT has been appalling to watch. Imagine what they would do to a Libertarian with any political traction. DJT is still standing some how. I'll give him a shot in 2024 since he didn't get it in 2016 or 2020. If anything, my hope is he can destroy the deep state system and fix our rigged elections. At the rate the Democrats are going, they won't have a party anymore and maybe the Libertarians and Republicans can duke it out over policy. Wouldn't that be nice?!
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null
consoom
35,484
colloquial
rigged election
election integrity
racist
It's so corrupt right now by the uni-party, our Libertarian views don't stand a chance at the federal level. The weaponization of government against DJT has been appalling to watch. Imagine what they would do to a Libertarian with any political traction. DJT is still standing some how. I'll give him a shot in 2024 since he didn't get it in 2016 or 2020. If anything, my hope is he can destroy the deep state system and fix our rigged elections. At the rate the Democrats are going, they won't have a party anymore and maybe the Libertarians and Republicans can duke it out over policy. Wouldn't that be nice?!
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consoom
35,485
colloquial
cut taxes
cut taxes
racist
That seems reasonable. It took watching them steal the election from Trump, then orchestrating J6 to really get me to start investigating what Trump did while he was in office. I remember him saying he was going after the deep state many times, but saw him as just another opportunistic politician thanks to the "fake news". If you look through the majority of what he said he was going to do, he actually did it. He made us energy independent for the first time in nearly a century. He destroyed ISIS in less than a month. He lowered inflation, increased wages, created actual job growth, put the screws on China with his tariffs, pulled us out of the Paris Agreement, stopped the illegal immigration at the southern border, cut taxes, etc. There's quite a bit more, but you get the point.
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consoom
35,486
colloquial
deep state
deep state
antisemitic
That seems reasonable. It took watching them steal the election from Trump, then orchestrating J6 to really get me to start investigating what Trump did while he was in office. I remember him saying he was going after the deep state many times, but saw him as just another opportunistic politician thanks to the "fake news". If you look through the majority of what he said he was going to do, he actually did it. He made us energy independent for the first time in nearly a century. He destroyed ISIS in less than a month. He lowered inflation, increased wages, created actual job growth, put the screws on China with his tariffs, pulled us out of the Paris Agreement, stopped the illegal immigration at the southern border, cut taxes, etc. There's quite a bit more, but you get the point.
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consoom
35,487
colloquial
Chicago
references to cities with large racial minority populations being overrun by crime, drugs, rodents
racist
It's gotten to the point that I actively try to minimize my time in any major city. There was a time when a business trip to San Francisco, Seattle, or Chicago would be seen as a pleasant change of pace but for me now it feels like getting sent to Haiti. The cities are overflowing with morons and it just ruins the experience. I won't even consider vacations in Europe at this point. I only care to travel where humans aren't these days.
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consoom
35,488
colloquial
based
based
white supremacist
I listened to Nick Gillespie’s interview with this guy on Reason. Everyone should check it out. He’s insanely based.
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consoom
35,489
colloquial
public school
public school
racist
My dad’s HS diploma says class of 1975, which can’t be right because people tell me if we abolish the DOE public school would cease to exist
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consoom
35,490
colloquial
single
lifelong bachelor
homophobic
> The hard-line corporate response to anti-discrimination policies during this period are understandable. The penalties for violating new legislation are often severe, and the novelty of the laws meant companies often took a better-safe-than-sorry approach to enforcement of new rules. However, the perceived single-minded focus of HR departments on overzealous and draconian enforcement caused a major setback for worker perceptions of the HR function that continue in many ways to this day.
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consoom
35,491
colloquial
based
based
white supremacist
Stato on the other hand is largely beyond redemption. They have been molded by the swamp. The rise of Overton window-shifting populism has demonstrated how utterly useless their decades of policy papers about occupational licensing and rules-based monetary policy have been. The kind of person who pursues a career at a DC think tank (aka smug and careerist douchebag) is not really a “gold and black” sort of person.
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consoom
35,492
colloquial
based
based
white supremacist
A early example of this was some Libertarians coming out in favor of the total regulation and control of nuclear power by the government, were the principal Libertarian approach is to advocate for private ownership of nuclear power plants. This was done to appeal to Leftists (who were vehemently anti-nuclear generally at that time) in a effort to gain a broad-based coalition.
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consoom
35,493
colloquial
politically correct
political correctness
racist
The reason being that since the beginning of the internet it turns out that radicals types messages have a much wider appeal and impact then the moderates. That is they have become a lot more well known and have far more influence then the moderate "pragmatic politically correct" approach.
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consoom
35,494
colloquial
property rights
property rights
racist
There is never going to be a situation were the "academic leftists" are going to accept any amount of individualism or property rights. And for the average American they can see through the PC-langauge and milquetoast rhetoric and dismiss it as not providing any real alternative to the status quo.
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consoom
35,495
colloquial
big government
big government
conservative
Agreed. I'd always had issues with Reason long before Government's tyrannical response to Covid. When I first stumbled upon them, many moons ago, the type of arguments they were making on a number of issues looked to government as the solution, not the problem. I thought they were just another liberal rag, promoting the balkanization of America through cultural equity, and problems that promoted big government solutions, like the so-called "green movement" (Malthusians in disguise).
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consoom
35,496
colloquial
echo
triple parentheses
antisemitic
I think you've made a pretty good case here and I appreciate hearing a dissenting opinion on this. Sometimes, we can get comfortable in our echo chambers and forget that being a pragmatist doesn't necessarily mean one's not a "true libertarian". Rather, it's sometimes necessary to be pragmatic and to make compromises in order to move the needle. "Don't make the perfect the enemy of the good", as it were.
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consoom
35,497
colloquial
based
based
white supremacist
Reason seems to be more of the left leaning libertarian type- they support things like open borders, are pro choice, and they have a serious case of TDS which is turning into DDS (DeSantis Derangement Syndrome). They pretty much supported all of the progressive talking points in regards to Trump: he's a fascist, he's a sexist, he's a racist, etc., meanwhile you have well respected economists like Thomas Sowell who have stated that they have seen no hard evidence of Trump being a racist. Let me make it clear that I am no Trump supporter, but why would Reason push progressive nonsense? During the Mises Caucus takeover last year, Reason seemed to be critical of the take over and they posted articles like "what does the Mises Caucus really want" and their interviews with Dave Smith, Michael Heise, and Angela McArlde, didn't seem very friendly and they were borderline calling the Mises Caucus racist. It's no surprise that Reason seems to be much more left leaning especially since they are based in Los Angeles and in D.C. which are both progressive strongholds.
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consoom
35,498
colloquial
based
based
white supremacist
It's clear that Reason leans heavily on the left: they support open boarders, are vocally pro choice, they have a terrible case of TDS and pushed all of the progressive talking points in regards to Trump (he's racist, he's sexist, he's a fascist, etc.) which doesn't surprise me because they are literally based in D.C. and in Los Angeles which are two progressive strongholds. Reason also didn't think Big Tech was censoring Republicans / Libertarians and said it was a bunch of fearmongering.
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consoom
35,499
colloquial
personal responsibility
personal responsibility
racist
I think a free society requires a level of morality and stability to maintain itself, and that you can't build a free society on a foundation of degeneracy and short-sightedness because it requires personal responsibility.
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null
consoom
35,500
colloquial
public school
public school
racist
There has definitely been ideology animating political parties and the views of people voting for them: progressive assumptions on regulation, public schools, and welfare are powerful influences.
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null
consoom
35,501
colloquial
public schools
public school
racist
There has definitely been ideology animating political parties and the views of people voting for them: progressive assumptions on regulation, public schools, and welfare are powerful influences.
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null
consoom
35,502
colloquial
welfare
welfare
racist
There has definitely been ideology animating political parties and the views of people voting for them: progressive assumptions on regulation, public schools, and welfare are powerful influences.
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null
consoom
35,503
colloquial
Federal Reserve
Federal Reserve
antisemitic
The crisis is from the Federal Reserve and the government going bankrupt. The attack on crypto is a effort to block the off-ramps so they can default without the dollar collapsing. Crypto exchanges are now having trouble supporting ACH transfers. It's like how gold was banded for the dollar revaluation in 1933 to prevent flight from the dollar.
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null
consoom
35,504
colloquial
the Fed
Federal Reserve
antisemitic
The crisis is from the Federal Reserve and the government going bankrupt. The attack on crypto is a effort to block the off-ramps so they can default without the dollar collapsing. Crypto exchanges are now having trouble supporting ACH transfers. It's like how gold was banded for the dollar revaluation in 1933 to prevent flight from the dollar.
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null
consoom
35,505
colloquial
pulling the strings
pulling strings
antisemitic
Not the peons that are the public face of the government. They’re the distractions. The world central banks and the people behind the scenes that have most of the actual power are the one’s pulling the strings.
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null
consoom
35,506
colloquial
Soros
George Soros
antisemitic
Then there are people like Soros who does make long term plans and acts upon them.
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null
consoom
35,507
colloquial
Federal Reserve
Federal Reserve
antisemitic
The Federal Reserve cannot go bankrupt, what the heck would that even mean?
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consoom
35,508
colloquial
Federal Reserve
Federal Reserve
antisemitic
I think there is a missing comma in the comment you're responding to. I think they meant "The crisis is because of the Federal Reserve's actions, and because of the government going bankrupt." Governments absolutely can go bankrupt in a real, global sense.
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consoom
35,509
colloquial
the Fed
Federal Reserve
antisemitic
I think there is a missing comma in the comment you're responding to. I think they meant "The crisis is because of the Federal Reserve's actions, and because of the government going bankrupt." Governments absolutely can go bankrupt in a real, global sense.
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consoom
35,510
colloquial
the Fed
Federal Reserve
antisemitic
[How the Fed “Went Broke”](
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consoom
35,511
colloquial
Federal Reserve
Federal Reserve
antisemitic
The nature of the beast of the US Treasury and Federal Reserve system is a bad thing in my opinion, but the doomsayers are way off in their assessment. The Fed is an all powerful conspiracy when it fits their narrative, and completely powerless to avert catastrophe when it fits their narrative. The truth is obviously between those two extremes.
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consoom
35,512
colloquial
the Fed
Federal Reserve
antisemitic
That still doesn't explain anything other than the US Treasury losing $100b in revenue from the Fed, which is significant, but isn't really an effect of the Fed "Going bankrupt".
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consoom
35,513
colloquial
the Fed
Federal Reserve
antisemitic
Granted net money flowing out of the Fed is inflationary, and net money flowing in is deflationary, but that's the core point underpinning open market operations / QE, this isn't some hidden idea that only anti-Fed people have secretly discovered.
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consoom
35,514
colloquial
middle class
middle class
racist
Inflation, indeed, is a work around the Laffer Curve. This is exactly how the rich get richer and the poor/middle class get poorer.
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consoom
35,515
colloquial
middle class
middle class
racist
It's funny watching Krystal Ball of Breaking Points hem and haw about how terrible it is for poor people that that interest rates are rising. She completely ignores the fact that the savings of middle class people have been crushed by both inflation and the fact that they have to put money in the stock market to get anything resembling a return on their assets. This is the first time close to 15 years that you can get a CD with anything resembling a decent rate.
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consoom
35,516
colloquial
big government
big government
conservative
This is why big business loves big government. The government steps in a imposes rules that make it possible to collude on a massive scale. Essentially short circuiting the functioning of the markets to favor specific parties. Stuff like banning secret pricing agreements, regulatory capture, or creating intellectual property.
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consoom
35,517
colloquial
based
based
white supremacist
The treasury department (whose credit is based in taxation) sells bonds to the Federal reserve. The Federal Reserve is the USA Central bank. It is owned by the national banks. Banks like Bank of America, Wells Fargo, Morgan Stanley, etc. Those bonds then forms the basis for the fractional reserve system.
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consoom
35,518
colloquial
Federal Reserve
Federal Reserve
antisemitic
The treasury department (whose credit is based in taxation) sells bonds to the Federal reserve. The Federal Reserve is the USA Central bank. It is owned by the national banks. Banks like Bank of America, Wells Fargo, Morgan Stanley, etc. Those bonds then forms the basis for the fractional reserve system.
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consoom
35,519
colloquial
the Fed
Federal Reserve
antisemitic
The treasury department (whose credit is based in taxation) sells bonds to the Federal reserve. The Federal Reserve is the USA Central bank. It is owned by the national banks. Banks like Bank of America, Wells Fargo, Morgan Stanley, etc. Those bonds then forms the basis for the fractional reserve system.
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consoom
35,520
colloquial
Federal Reserve
Federal Reserve
antisemitic
Because of this the Fed is then allowed to "print money" and send that money to the banks that own it. Since Congress delegated the Federal Reserve the right to do so. And since it is a bank owned by other banks it gives the money it makes to those banks.
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consoom
35,521
colloquial
the Fed
Federal Reserve
antisemitic
Because of this the Fed is then allowed to "print money" and send that money to the banks that own it. Since Congress delegated the Federal Reserve the right to do so. And since it is a bank owned by other banks it gives the money it makes to those banks.
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consoom
35,522
colloquial
middle class
middle class
racist
Then it goes to the workers and middle class that work in and own those small/medium businesses.
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consoom
35,523
colloquial
the Fed
Federal Reserve
antisemitic
Those taxes are then paid to the government, which then is used to back those bonds to the Federal reserve and national banks.
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consoom
35,524
colloquial
the Fed
Federal Reserve
antisemitic
If people hate monopolies then they should hate the Fed and the Federal government. They are literally the biggest monopolies that have ever existed. They milk trillions out of the American people.
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consoom
35,525
colloquial
the Fed
Federal Reserve
antisemitic
> If people hate monopolies then they should hate the Fed and the Federal government. They are literally the biggest monopolies that have ever existed. They milk trillions out of the American people.
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consoom
35,526
colloquial
war on terror
war on terror
Islamophobic
My instinctive reaction as a 43 year old was to say YES but then I saw the comments here and realized that in my momentary remembrance of the war on terrors hey day, I had forgotten about Covid which is not in the same ballpark or even sport for that matter.
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consoom
35,527
colloquial
property rights
property rights
racist
You can argue property rights, but both groups can make legitimate claims to property. In many cases, those claims go back hundreds or thousands of years. It's a dead end.
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consoom
35,528
colloquial
terrorist
Islamic terrorists
Islamophobic
I feel like there aren't really great arguments for the Palestinians. When given the chance between the radical PLO and the literal terrorist group Hamas they chose Hamas. That was after Israel's unilateral withdrawal from Gaza.
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consoom
35,529
colloquial
terrorists
Islamic terrorists
Islamophobic
Also, another plus for the Israelis is that from the very beginning they filled their government with guys from the Irgun, Stern gang and Haganah. A totally different sort from the terrorists that the Palestinians follow.
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consoom
35,530
colloquial
the Fed
Federal Reserve
antisemitic
What do they mean "Turns out"? This has been a known thing since the Fed started. Any bank that has a run will end up with massive losses and likely go under.
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consoom
35,531
colloquial
the Fed
Federal Reserve
antisemitic
And bank runs happened well before the Fed; there were several "panics" in the 19th century. The Fed's impact is that market crashes no longer fully crash; the Fed props it up, which causes bad debt to be carried forward, rather than be purged from the system - resulting in a new, larger bubble.
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consoom
35,532
colloquial
single
lifelong bachelor
homophobic
The funny thing is they never reduced the money supply by rising rates. Now, the central banks are establishing a credit line to inflate the currency more. Clowns every single one of them.
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35,533
colloquial
the Fed
Federal Reserve
antisemitic
>And bank runs happened well before the Fed; there were several "panics" in the 19th century. The Fed's impact is that market crashes no longer fully crash; the Fed props it up, which causes bad debt to be carried forward, rather than be purged from the system - resulting in a new, larger bubble.
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consoom
35,534
colloquial
the Fed
Federal Reserve
antisemitic
While bank runs happened prior to the Fed, the Fed's role is not in propping them up after a run, but the unlimited spigot of money that allows for fractional reserve banking, which is why you see banks fail during a run. The ability to lend out money nearly infinitely because they can just get loans nearly indefinitely is the problem.
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consoom
35,535
colloquial
single
lifelong bachelor
homophobic
Another thing that I not seen a single person talk about is a major reason the banks have no cash reserves is they are no longer required to hold any. Since the start of the pandemic they have been allowed to just lend out money without having any deposits. The fractional reserve requirement is literally 0%
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consoom
35,536
colloquial
Federal Reserve
Federal Reserve
antisemitic
Have I suddenly woken up in 1913? The Federal Reserve act nationalized banking over a century ago.
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consoom
35,537
colloquial
Federal Reserve
Federal Reserve
antisemitic
been that way since the Federal Reserve Act was signed back in 1913
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consoom
35,538
colloquial
the Fed
Federal Reserve
antisemitic
been that way since the Federal Reserve Act was signed back in 1913
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consoom
35,539
colloquial
the Fed
Federal Reserve
antisemitic
Why bother when a single call to the Fed will result in a literal train load of dollars being delivered to you within 24 hours, not to mention banks lending other banks money when they get into trouble to avoid bank runs coming back on them too.
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consoom
35,540
colloquial
single
lifelong bachelor
homophobic
Why bother when a single call to the Fed will result in a literal train load of dollars being delivered to you within 24 hours, not to mention banks lending other banks money when they get into trouble to avoid bank runs coming back on them too.
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consoom
35,541