• Krugminator2's Avatar
    09-28-2020, 04:59 PM
    Cool. Woman in the videos from the original post promoting free stuff to blacks thinks being a billionaire is immoral because of course she does. Whitey's fault. Billionaire's fault. Rothschild's fault. All the same nonsense blaming others. Left out trickle down economics buzzword earlier.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-27-2020, 06:51 PM
    Community is very important. That has nothing to do with coming to the country with money. Ayn Rand had no money when she came here. Meeting Cecille B DeMille had little to do with Ayn Rand's ultimate success outside of planting a seed for what is possible in life. That has nothing to do with access to capital. You promoted the insane anti-Semitic Rothschild conspiracy theory and brought up money lending from hundreds of years ago as an indication of the life situation for Jews immigrating to the United States. Blacks could do the same thing in most of the United States for the last 150 years. The South is certainly the exception. But even then that hasn't been an issue for 50+ years. So why haven't blacks done what most immigrant groups have done? I don't know for sure. But I suspect the illegitimacy rate has a big influence. Culture matters. Banks and whitey haven't caused 80% of black children to be born out of wedlock. Not having a stable family and having family ties to the community are an impediment to life success. https://www.aei.org/articles/the-importance-of-family-for-entrepreneurial-success/
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-27-2020, 06:15 PM
    Jews were poor when they came to the US in waves. Jewish refugees during WWII were not rich. Soviet Jews like Ayn Rand did not have wealth accumulated in the Soviet Union. Now are the hardest highest income group. Hence using them as an example. You seem to think there is some secret Rothschild money passed out. I strongly suspect Rothbard and Friedman and Mises and Rand didn't get the secret money. It is now 2020 so using Jews as example of poor immigrants wouldn't make much sense now would it? But using immigrants from Vietnam would. Not hard. Saying 2000 years ago is a rhetorical tactic to make fun of you for thinking life in 2020 is determined by events from a long time ago. The success or failure of a group hundreds of years ago has no bearing on an individual in today's United States
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-27-2020, 05:30 PM
    Capital isn't something just given to a person. It is something either accumulated through thrift and reinvestment or lent based on creditworthiness and skills. It turns out people lend and invest if they think they can get a return. Blacks are less educated and less entrepreneurial (for whatever reasons). That is a recipe for less lending. But even then... How do Vietnamesse immigrants figure out how to go from bamboo houses to getting access to capital to start restaurants and dry cleaners in the United States?
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-27-2020, 04:31 PM
    Ummmm..... She doesn't advocate black capitalism. Her whole critique is of black capitalism. I mean... So you didn't watch her video at all. The major topic of her talks is criticizing the promotion of black capitalism as a way of salvation for black people. That is literally the topic. She thinks black capitalism is a failure because blacks can't be self-sufficient and the government should step in with all sorts of programs. Literally the topic of her talks and books. Here is her Op-Ed in the New York Times. https://www.nytimes.com/2019/03/31/opinion/nixon-capitalism-blacks.html https://www.theatlantic.com/business/archive/2017/09/black-capitalism-baradaran/540522/ And is she a neo-Marxist? Of course she is. There is a reason a Marxist-lite think tanks employ her. Her whole theory blacks can't accumulate capital because they don't have capital so free shit is the answer. Roosevelt Institute employs https://rooseveltinstitute.org/authors/mehrsa-baradaran/ Gives talks at George Soros' think tank https://www.ineteconomics.org/research/experts/MehrsaBaradaran
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-27-2020, 02:25 PM
    I watched this entire video. Same woman as your first video. I assume it is roughly the same talk as the one you linked. Lot of babble about neoliberalism, market fundamentalism, Alan Greenspan, Milton Friedman. Typical buzzwords of lazy brains. Says blacks could succeed if only someone handed them money through bank lending. Decries lack of lending to blacks then blamed banks for a drop of black wealth because of subprime lending. Lot of fixation on real estate as wealth, which as an asset class isn't even a great investment. Land is Piketty's big obsession. Never mentions equities which outpace real estate over the course of a century by 50,000%. Whitey didn't prevent people from owning stocks. It is interesting you think Thomas Sowell is an idiot and this woman has something worthwhile to say and post here. She is basically repackaging this new Marxism-lite palblum like Piketty.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 06:08 PM
    That's nice. You can make up whatever numbers you would like. U.S. ends TARP with $15.3 billion profit" https://money.cnn.com/2014/12/19/news/companies/government-bailouts-end/ Tarp was not a bailout, and the government's profit was huge "Last week, the Treasury Department announced that the final major investment in a bank from the Troubled Asset Relief Program had been repaid and that the government had made a total profit of $30.7 billion on the program." https://www.americanbanker.com/opinion/tarp-was-not-a-bailout-and-the-governments-profit-was-huge
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 05:51 PM
    Trump wasnt President for most of those things which was what your post was about. You said no uproar about pandering on those things. Only race issues. Hundreds (thousands?) Of thread on posts about costs of war. This is Ron Paul Forums. Farm subsidies have cost nowhere near 500 billion since the 1930s As far as TARP, I have a dissenting opinion here on it because I believe in economics. TARP made money for the taxpayers. Didn't cost anything outside of moral hazard. Those bank "bailouts" were the most successful thing the US government has ever done. Saved the country from a Great Depression.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 04:54 PM
    Of course this is pandering. It is the most pure pandering possible. He is trying to buy votes a month before an election. I see threads about virtually every issue you listed on here. I have seen probably 30 threads about military spending. Farm subsidies are ridiculous. I just called farmers welfare queens three posts up. That said farmers got an additional 10 billion from Trump as a bailout. This package is 500 billion and far more awful than anything you listed.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 12:26 PM
    So like an inverse Atlas Shrugged where welfare queen farmers go on strike because???? I am not even sure why. For some reason, I think people will still be happy to taking money for a little while longer. "Daddy, why do I have to wear a Bulls World Champions shirt from 1997 like some kid in Somalia?" "Well, we're sticking it to the city folk. It is too big of an inconvenience to produce corn and sell it for dollars. We are no longer going to use dollars because dollars are worthless. Here is a documentary called Little House on the Prairie to show you what your new life will be like." "But Billy's dad down the street just walked into a car dealership with dollars and bought a Porsche. The electric company just turned off the heat. And the bank is wondering where their mortgage payment is" "They'll soon realize those dollars are worthless. Time for you to go churn some butter. If you are good I'll let you play with this homemade basketball that is just a sack filled with old rags."
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 11:38 AM
    Then prices would rise and attract entrepreneurs to take their place? But I suspect there won't be a mass wave of people who would cut their incomes to zero "to own the city folk".
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 11:24 AM
    Randomly clicked on a spot and watched 1 minute and want to gouge my eyes out. Find a source that isn't from Jesse Jackson's Rainbow Push Coalition (who by the way, Thomas Sowell singles out and ridicules using facts about the lending issue in the book I linked.) If a free market economist talks about lending discrimination, I will be happy to give consideration.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 11:12 AM
    What does any of that have to do with Jews coming to the US in the 1900s? I guess Ludwig Von Mises and Ayn Rand (who had nothing) would be happy to know how secretly privileged they were because Jews could lend money 2000 years ago. But maybe you are right, all that wealth sewed into their jackets and in their teeth was a real source of privilege.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 11:07 AM
    Who should people believe you or Thomas Sowell? https://www.amazon.com/Economic-Facts-Fallacies-Thomas-Sowell-ebook/dp/B004THDT8A/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr= He lays out a devastating case. The reality is blacks have lower incomes and worse credit (much worse) so banks are less likely to lend. Case closed. Asians have much more credit available to them than whites. Maybe whites have been systematically been discriminated against by racist banks. "Moreover, for neither black nor white applicants is approval a question of doing someone a favor. It is a question of making money from them. Even in the worst years of racism in the Jim Crow South, very few white people refused to accept money in the mail from blacks." Thomas Sowell
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 10:58 AM
    "You show me a capitalist, and I'll show you a bloodsucker." Malcolm X Malcolm X was an economically illiterate dolt. He says land is the basis for all economic security. When? In the year 700? He wants to set up an agrarian society? That is how the US was in 1800. The US was poor. Now we are rich. Only 1% of the population is needed to feed the other 99% because of efficiency. Here is what blacks need. Nothing. We have a great system now that needs some tweeks to be more free. Getting rid of drug laws solves 95% of the policing problems for blacks. You want to know where blacks aren't making it? Africa. The main exports in Africa are malaria and AIDS. Handing blacks free stuff is so fucking racist because it assumes that can't do the basics that make a person have a productive life.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-26-2020, 09:09 AM
    Jews had nothing. Came here after blacks and were shut out of Wall Street. Now the highest income group. There is always this assumption wealth comes about from government policies handing people money. Perhaps it is even a hindrance. These debates always emphasize inherited wealth and discrimination. There are always some random policy from the 30s and 40s mentioned like GI bill or some home lending bill. Never mentioned is the more likely problem of the amount of illegitimate children and broken families that have made social cohesion tougher. As far as credit, tons of data to show blacks have much worse. Banks can't at the same time be both greedy and not refuse to lend to credit worthy borrowers. Blacks perform much worse academically and are concentrated in the lowest paying college majors. Lack of human capital is probably more likely than access to bank lending.
    141 replies | 2683 view(s)
  • Krugminator2's Avatar
    09-24-2020, 12:22 PM
    The homeowner did have a right to self defense (which is why he wasn't charged) and so did the police in this situation (which is why they aren't charged with the actual killing).
    70 replies | 1418 view(s)
  • Krugminator2's Avatar
    09-24-2020, 06:12 AM
    In this situation both had the right to self defense. That is why the the guy who fired first wasn't arrested. Search warrants are legal. The cops aren't robbers or rapists.
    70 replies | 1418 view(s)
  • Krugminator2's Avatar
    09-23-2020, 09:18 PM
    I watched the New York Times thing on this. They interviewed a witness who was in the hall when it started. They said the police announced. These raids are asking for problems and why drugs should be legal. That said, what should the cops do if they are fired on? It was a bad situation. Taylor wasn't innocent in this. The police witnessed her picking up packages and money from her drug dealer ex boyfriend. They had probable cause to execute a warrant. She made a lot of bad life choices to get to this point.
    70 replies | 1418 view(s)
  • Krugminator2's Avatar
    09-23-2020, 05:22 PM
    That video is really good. Surprised no one commented on it. Worth watching. There is a lot of footage I hadn't seen. This was self defense. Case closed. The third person he shot and who lived should be charged with something for being an aggressor.
    84 replies | 4266 view(s)
  • Krugminator2's Avatar
    09-23-2020, 04:50 PM
    Market seems to disagree. Down 60% since the deal was announced.
    8 replies | 842 view(s)
  • Krugminator2's Avatar
    09-22-2020, 07:01 PM
    I am not going to watch the video but I have seen a few outlets say they are more right leaning on some issues than millennials. That said, millennials are far more left wing at this age than any previous generation. That is likely because Trump and Bush are very unpopular combined with the financial crisis and student loans turning people from free enterprise. And Obama was relatively popular. A big reason boomers are more conservative are the failures of the 70s and Reagan was the most popular modern president.
    189 replies | 5880 view(s)
  • Krugminator2's Avatar
    09-21-2020, 06:32 PM
    I have no shame in admitting that I would much rather hear Taylor Swift or Katy Perry that almost anything made before 1980. Bob Dylan sounds like a mush mouthed retired boxer.
    14 replies | 323 view(s)
  • Krugminator2's Avatar
    09-21-2020, 06:15 PM
    No such concept as usury in a moral society. What theocrats and mystics call usury is just free people voluntarily transacting at a market rate of interest. The good things about markets is they are inherently moral. A transaction only takes place if two parties agree. Trade is a series of win win transactions otherwise the transaction wouldn't take place. If one party commits fraud, a court system settles the issue. Works very well.
    2 replies | 301 view(s)
  • Krugminator2's Avatar
    09-21-2020, 06:26 AM
    GM spent $2 billion on a bag of magic beans. There's a reason they needed a bailout. Head of Nikola, a G.M. Electric Truck Partner, Quits Amid Fraud Claims https://www.nytimes.com/2020/09/21/business/nikola-trevor-milton-resigns.html
    8 replies | 842 view(s)
  • Krugminator2's Avatar
    09-19-2020, 05:07 PM
    Yeah. Every Democrat also is. No shortage of Democrat quotes talking about what a miscarriage it is to not confirm Garland. Same people don't want an appointment for Ginsberg. Elections have consequences. Not confirming a Ginsberg replacement is probably more ridiculous than not confirming Garland. Ginsberg had no business being on the Supreme Court the last few years because of her declining physical and mental health. She shouldn't be rewarded for her bad behavior in not retiring. She thought Hillary was a lock to win. She made a bad bet and lost. Time for Trump to confirm someone.
    62 replies | 1916 view(s)
  • Krugminator2's Avatar
    09-19-2020, 12:27 PM
    I wrote that when I thought he would wait until after election and not have to worry about voters. I see the news he is going to something soon. Even though a pro-choice nominee would be smartest, hard to see him nominating one now.
    62 replies | 1916 view(s)
  • Krugminator2's Avatar
    09-19-2020, 07:37 AM
    Hopefully he nominates someone pro-choice. Would be good politics to get someone confirmed. Good for the party to get away from the theocratic influence.
    62 replies | 1916 view(s)
  • Krugminator2's Avatar
    09-18-2020, 07:31 PM
    Maybe. It would seem voting on this in the lame duck session after the election would take a lot of heat off of this vote. What would Murkowski's excuse be. Trump should probably nominate someone pro-choice as a compromise to Murkowski to get her vote.
    189 replies | 5880 view(s)
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