• Krugminator2's Avatar
    Today, 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
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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.
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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.
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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."
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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".
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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.
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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.
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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.
    65 replies | 696 view(s)
  • Krugminator2's Avatar
    Today, 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.
    65 replies | 696 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).
    63 replies | 1234 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.
    63 replies | 1234 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.
    63 replies | 1234 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.
    82 replies | 4094 view(s)
  • Krugminator2's Avatar
    09-23-2020, 04:50 PM
    Market seems to disagree. Down 60% since the deal was announced.
    7 replies | 788 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 | 5643 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 | 307 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 | 293 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
    7 replies | 788 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.
    60 replies | 1671 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.
    60 replies | 1671 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.
    60 replies | 1671 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 | 5643 view(s)
  • Krugminator2's Avatar
    09-18-2020, 06:45 PM
    I just saw the news just this second. Are people seriously suggesting that Trump won't jam someone through? Trump had better nominate someone. I don't care if McConnell hesitated on Garland. Take the gloves and jam someone through.
    189 replies | 5643 view(s)
  • Krugminator2's Avatar
    09-16-2020, 06:00 AM
    The video didn't actually say the rich liked high taxes despite the title. It basically said exorbitant taxes on the wealthy in the the post-WWII period made it more likely Congress would pass loopholes so they didn't have to pay as much in taxes because of their loopholes. Not super relevant in 2020. More interesting would have been to examine why Warren Buffett wants more taxes. He isn't lobbying for loopholes. He genuinely wants to pay more. I spent some time the last few weeks reading about wealth inequality. Read the Equal is Unfair book by Yaron Brook. Economics Facts and Fallacies by Thomas Sowell. And working my way through a couple of Tom Woods episodes. What sparked it was watching the Piketty movie on Netflix, which I thought was absolute garbage but is like the best reviewed movie I have ever seen. I have reached the conclusion that Warren supports higher taxes purely as a self defense mechanism. He thinks the perception of inequality (even from buffoons on this site) will create class warfare so I think he sees paying higher taxes is a preemptive strike.
    5 replies | 449 view(s)
  • Krugminator2's Avatar
    09-11-2020, 06:58 PM
    Only idiots refer to him as that. He treats Trump the same as Obama and Hillary. I will vote for Trump but he is a compulsive liar who disrespects and embarrasses the country daily on Twitter.
    30 replies | 896 view(s)
  • Krugminator2's Avatar
    09-11-2020, 06:53 PM
    A lot would hinge on the testimony on the guy's lawyer who is described as Napolitano's friend. I could see this being true or having an element of truth. I posted about Judge Nap being gay five years ago (not that it matters). Not sure what the guy is mad about. Looks like he got a super light sentence and had a probation violation which would be consistent with the story. Truthfully even if he is guilty, I still think Judge Nap is great . Ron Paul has been involved in a lot of oily stuff. Mark Sanford went hiking on the Appalachian Trail on the taxpayers dime. All that matters are the issues. We will likely never know the truth. These personal things get hyped up too much.
    30 replies | 896 view(s)
  • Krugminator2's Avatar
    09-11-2020, 10:39 AM
    I posted about Nikola. It is a dog shit fraud. Worth Zero. Elaborate research from probably the best short selling research firm on the planet. https://hindenburgresearch.com/nikola/ Not surprising you think Nikola is "the biggest news of the year"
    7 replies | 788 view(s)
  • Krugminator2's Avatar
    09-07-2020, 05:42 PM
    This guy has long been a huckster. On a different topic his best friend who worked for him Epsteined himself and was the subject of the first episode of the Unsolved Mysteries reboot on Netflix. I think he probably just killed himself but Stansberry lawyered up and went silent really quick. Was very good tv www.esquire.com/entertainment/tv/amp33234561/frank-porter-stansberry-rey-rivera-netflix-unsolved-mysteries www.goodhousekeeping.com/life/entertainment/amp33273883/where-is-frank-porter-stansberry-netflix-unsolved-mysteries/
    1 replies | 1156 view(s)
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