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General Discussion >> America >> Americans Are Waiting In Breadlines http://www.ozpolitic.com/forum/YaBB.pl?num=1659180611 Message started by Mortdooley on Jul 30th, 2022 at 9:30pm |
Title: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 30th, 2022 at 9:30pm
Americans Are Waiting In Breadlines To Feed Their Families At Food Banks Across The Country To Survive Biden’s Inflation Nightmare
Americans are struggling to afford basic necessities as the Biden administration continues to implement policies to destroy the country. The price of food has soared to a 40-year high. The food price index increased by 10.8 percent in 2022, the largest 12-month percentage increase since 1980, according to the Consumer Price Index report from the Bureau of Labor Statistics.. Cereal is 15 percent more expensive than it was a year ago. The price of chicken has risen by 17.4 percent, the largest increase ever recorded. The price of eggs has increased by 33 percent. Pork prices increased 13.3 percent; bacon, 15 percent; milk, 15.9 percent; coffee, 15.3 percent; and fruits and vegetables, 8.2 percent. Food away from home, at restaurants, increased by 7.4 percent. Food banks are suddenly overwhelmed with providing relief for impoverished families as a growing number of Americans wait in long lines outside of the food relief organizations seeking respite from the exploding costs of groceries and supplies. In Boise, Idaho, the number of meals served to families in need has doubled over the past year. Meridian Foodbank Executive Directory Dan Clark said they went from “serving about 2,800 people each month to 4,200 in one year,” KTVB7 reports. Another foodbank 15 -miles away, Care House Food Bank, has reported a similar increase. During the COVID-19 lockdowns, people were less reliant on food banks while receiving food through government programs like “Farmers to Families,” but those programs are over, Care House Food Banks spokesperson Tony Johnson told the publication. “We’re finding out with that with the rising rent costs and the rising gasoline costs, the rent eats first, the gasoline eats second,” Johnson said. “So, the family has very little to buy food to eat.” Food banks in Allentown, Pennsylvania are seeing a reported 20 percent increase in the number of people in need of free food. “Since October, we’ve tripled the number of families we’re serving every month,” Executive Director of Allentown Area Ecumenical Food Bank, Anne Egan, told WFMZ. Approximately 300 of the 1,800 families she served this month are first-timers, she added. In Phoenix, Arizona, on a daily basis hundreds of families have resorted to waiting in long lines outside of St Mary’s Food Bank to receive food. “The Phoenix food bank’s main distribution center doled out food packages to 4,271 families during the third week in June, a 78% increase over the 2,396 families served during the same week last year,” the Associated Press reports, citing St. Mary’s spokesman Jerry Brown. “More than 900 families line up at the distribution center every weekday for an emergency government food box stuffed with goods such as canned beans, peanut butter and rice, said Brown.” https://www.thegatewaypundit.com/2022/07/americans-waiting-breadlines-feed-families-food-banks-across-country-survive-bidens-inflation-nightmare/ The plan to bring America to its knees is well underway! |
Title: Re: Americans Are Waiting In Breadlines Post by AusGeoff on Jul 30th, 2022 at 9:58pm Oh dear. Mort, you've fallen victim to one of the best known hoax sites on the web. The 'Gateway Pundit' is known as a source of viral falsehoods and hoaxes. It's been described by the Harvard Journal of Law & Technology as one of the websites that "primarily propagate fake news", by Newsweek as a fake news website, and by CNN as a website "prone to peddling conspiracy theories". And of course it's ultra right and a supporter of Trump and his criminal mates. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 30th, 2022 at 10:13pm
Every word in the article is true, if you don't like the source that is your choice. Americans are suffering because of the puppet masters pulling the strings of your choice for President! It started with the end of our energy independence and has worsened since. It is a cascading tragedy caused on purpose starting with the first signed executive order on January 20, 2021!
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Title: Re: Americans Are Waiting In Breadlines Post by AusGeoff on Jul 30th, 2022 at 10:18pm Mortdooley wrote on Jul 30th, 2022 at 10:13pm:
Not so. "Meridian Foodbank Executive Directory Dan Clark said they went from “serving about 2,800 people each month to 4,200 in one year". Which means, obviously, that less people are now accessing the Foodbank. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Jul 30th, 2022 at 10:45pm AusGeoff wrote on Jul 30th, 2022 at 10:18pm:
I think you misread it: " food packages to 4,271 families during the third week in June, a 78% increase over the 2,396 families served during the same week last year,” . But what always amazes me is, even since before the GFC, around half of Americans are/have been living paycheck to pay check or worse, in the "richest" economy on the planet. Of course the other half are partying as usual, regardless of "inflation".... |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Jul 30th, 2022 at 10:58pm Mortdooley wrote on Jul 30th, 2022 at 9:30pm:
Cheers, Mort. You did, of course, defend your Dear Leader's cuts to food stamps, we remember this well. Do you support Biden restoring them? https://www.cnbc.com/2021/08/16/biden-administration-announces-biggest-increase-to-food-stamps-ever.html I'm curious. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Jul 30th, 2022 at 11:08pm Karnal wrote on Jul 30th, 2022 at 10:58pm:
I'm curious also: will you support an increase in taxes in Oz, to eliminate once and for all the disgraceful situation of elderly people laying in their own faeces for hours on end? I already know Mort's views on government spending. |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Jul 31st, 2022 at 12:11am thegreatdivide wrote on Jul 30th, 2022 at 11:08pm:
I most certainly would. I, for one, would be more than happy to pay more to keep elderly people laying in their own faeces. The old boy, in particular. You? |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 31st, 2022 at 1:31am
I can't speak for all people living "paycheck to paycheck" but I can speak for the few I know. They make choices and have their whole lives. Others with the same opportunities have done well in life due to better choices. That word "choices" is a big part of the problem. Our school system wastes a lot of hours warehousing children rather then teaching some important life skills. Real tests and exercises on how everyday financial decisions are made should be part of their preparation for adulthood. Every American should own their homes and have them paid for before they retire, they should be able to save something for their old age rather then spending every dollar as soon as they get their hands on it.
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Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Jul 31st, 2022 at 1:37am Mortdooley wrote on Jul 31st, 2022 at 1:31am:
Now you're back to blaming the poor. That's better - much more consistent. When a Republican president gets back in, you can go back to blaming the Dems, okay? |
Title: Re: Americans Are Waiting In Breadlines Post by Frank on Jul 31st, 2022 at 7:26am AusGeoff wrote on Jul 30th, 2022 at 9:58pm:
When someone says 'ultra right', 'supporter of Trump and his criminal mates', I know he's hot and bothered. And it explained the breathless Wiki denunciation that goes before it. Speaking of Wiki, here's an article on CNN. https://en.m.wikipedia.org/wiki/CNN_controversies |
Title: Re: Americans Are Waiting In Breadlines Post by Frank on Jul 31st, 2022 at 7:28am AusGeoff wrote on Jul 30th, 2022 at 10:18pm:
Not at all. It means that it went from 2800 a month to 4200 (a month) in one year. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Jul 31st, 2022 at 11:41am Karnal wrote on Jul 31st, 2022 at 12:11am:
How evil are you? You don't have to pay more taxes to keep old people laying in their own faeces in nursing homes, you can indeed pay even less tax, so that you can reduce the already inadequate staff numbers in nursing homes. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Jul 31st, 2022 at 11:52am Mortdooley wrote on Jul 31st, 2022 at 1:31am:
Well that's likely the start of your error; I'm speaking of approx. half the population, not "the people you know". Quote:
Nonsense; blind Conservative mythology, in fact. Most people do the best they can in life. Quote:
But all that requires an economic system which provides - at a minimum - above poverty employment for all. 1+1 = 2. And as a matter of fact, the current economic system based on consumption would crash into recession if people didn't spend their hard earned cash and instead saved up to buy a house...if they even had secure well paid work - which many don't. |
Title: Re: Americans Are Waiting In Breadlines Post by greggerypeccary on Jul 31st, 2022 at 12:40pm Mortdooley wrote on Jul 30th, 2022 at 10:13pm:
Nope. Not even close. You've been sucked in by TGP again. When will you learn? |
Title: Re: Americans Are Waiting In Breadlines Post by Frank on Jul 31st, 2022 at 2:22pm greggerypeccary wrote on Jul 31st, 2022 at 12:40pm:
Gweggy turd deploys his powerful intellect to argue his side with logic and facts, point by point. How does he do it??? He just says, 'Nope', and..... er...... that's it!!! Even Bbwtrian would have to strengthen such an argument with tut tutting and eyerolling - but not gweggy turd. Just 'nope' is all he needs to put his mighty mind at ease. Coz a 'nope' from a turd is as good as facts and logic from anyone else. |
Title: Re: Americans Are Waiting In Breadlines Post by greggerypeccary on Jul 31st, 2022 at 2:26pm Frank wrote on Jul 31st, 2022 at 2:22pm:
The Gateway Pundit (TGP) is an American far-right fake news website. The website is known for publishing falsehoods, hoaxes, and conspiracy theories. |
Title: Re: Americans Are Waiting In Breadlines Post by Frank on Jul 31st, 2022 at 2:41pm greggerypeccary wrote on Jul 31st, 2022 at 2:26pm:
But you could not refute ANYTHING in that article so just repeated the puffery and the Bbwianesque "nope". If it was really all fake and hoax it would be easy for you to point to the falsehoods. But you can't. Just declare it beyond debate and you never have to prove or support your own argument - a typical, tired pwoggy tactic, once noticed, it always shines through glaringly. |
Title: Re: Americans Are Waiting In Breadlines Post by greggerypeccary on Jul 31st, 2022 at 3:24pm Frank wrote on Jul 31st, 2022 at 2:41pm:
No need to. If it comes from TGP, it's bullshit. Similarly, there's no need to refute anything in a Harry Potter book - it's a work of fiction. |
Title: Re: Americans Are Waiting In Breadlines Post by wombatwoody on Jul 31st, 2022 at 3:49pm AusGeoff wrote on Jul 30th, 2022 at 9:58pm:
Typical knee-jerk reaction. If you took a second or two to peruse the article you'd see links like, https://www.wfmz.com/news/area/lehighvalley/area-food-banks-hit-with-greater-demand-now-looking-for-help/article_a937ca46-0e07-11ed-a43d-a3285eb1ce4c.html https://www.ktvb.com/article/news/local/treasure-valley-food-banks-see-increased-need/277-86f0fcac-0bf8-447c-9e36-4c83ca9e8892 So where are the 'viral falsehoods and hoaxes' ??? |
Title: Re: Americans Are Waiting In Breadlines Post by Frank on Jul 31st, 2022 at 4:06pm greggerypeccary wrote on Jul 31st, 2022 at 3:24pm:
:D :D |
Title: Re: Americans Are Waiting In Breadlines Post by greggerypeccary on Jul 31st, 2022 at 4:24pm The Gateway Pundit (TGP) is an American far-right fake news website. The website is known for publishing falsehoods, hoaxes, and conspiracy theories. /thread |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 31st, 2022 at 9:16pm greggerypeccary wrote on Jul 31st, 2022 at 12:40pm:
Yet you can't dispute a word of it. How convenient. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 31st, 2022 at 9:19pm greggerypeccary wrote on Jul 31st, 2022 at 4:24pm:
The Main Stream Media owned by only six corporations is the fake news. It takes independent news sources to read or see anything other than prepackaged propaganda! |
Title: Re: Americans Are Waiting In Breadlines Post by AusGeoff on Jul 31st, 2022 at 10:10pm thegreatdivide wrote on Jul 30th, 2022 at 10:45pm:
Oh... yes. My bad. The report should've really clarified the report by including the underlined words you added. :-[ |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 31st, 2022 at 10:13pm thegreatdivide wrote on Jul 31st, 2022 at 11:52am:
But all that requires an economic system which provides - at a minimum - above poverty employment for all. 1+1 = 2. And as a matter of fact, the current economic system based on consumption would crash into recession if people didn't spend their hard earned cash and instead saved up to buy a house...if they even had secure well paid work - which many don't. [/quote] We are all responsible for the choices we make in life, blaming "the Man" or "the System" is a copout! Most of that half of people follow the path of least resistance, they are not doing the best they can. The people I know seem relatively content with their lot in life, I leave it up to you to speak for the rest of half of the population. I bought my first home at 23 as a single man with a five percent down payment. I knew what monthly payment I could afford and didn't buy more than that. With inflation and a slow increase in my hourly wage it became easier to pay for over time. The people that spend their money on hair extensions, fake finger nails and assorted "bread and circus" make those choices everyday. They live in the "here and now" with no thought for their future and when they grow old it is the system they blame. |
Title: Re: Americans Are Waiting In Breadlines Post by greggerypeccary on Jul 31st, 2022 at 10:14pm Mortdooley wrote on Jul 31st, 2022 at 10:13pm:
I bought my first home at 23 as a single man with a five percent down payment. I knew what monthly payment I could afford and didn't buy more than that. With inflation and a slow increase in my hourly wage it became easier to pay for over time. The people that spend their money on hair extensions, fake finger nails and assorted "bread and circus" make those choices everyday. They live in the "here and now" with no thought for their future and when they grow old it is the system they blame. The Gateway Pundit (TGP) is an American far-right fake news website. The website is known for publishing falsehoods, hoaxes, and conspiracy theories. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 31st, 2022 at 10:29pm greggerypeccary wrote on Jul 31st, 2022 at 10:14pm:
[/quote] Just stick your fingers in your ears and go nah nah nah nah nah! The truth is not found in the MSM. |
Title: Re: Americans Are Waiting In Breadlines Post by AusGeoff on Jul 31st, 2022 at 10:41pm wombatwoody wrote on Jul 31st, 2022 at 3:49pm:
Well, I lifted that verbatim off Wikipedia. Take it or leave it. Quote:
Before you swallow whole what the Gateway Pundit says, you might like to take a look at the PolitiFact web site. The above is just a small sample of the bullshit the Gateway Pundit propagates. ::) |
Title: Re: Americans Are Waiting In Breadlines Post by Lisa Jones on Jul 31st, 2022 at 10:56pm Mortdooley wrote on Jul 31st, 2022 at 10:13pm:
We are all responsible for the choices we make in life, blaming "the Man" or "the System" is a copout! Most of that half of people follow the path of least resistance, they are not doing the best they can. The people I know seem relatively content with their lot in life, I leave it up to you to speak for the rest of half of the population. I bought my first home at 23 as a single man with a five percent down payment. I knew what monthly payment I could afford and didn't buy more than that. With inflation and a slow increase in my hourly wage it became easier to pay for over time. The people that spend their money on hair extensions, fake finger nails and assorted "bread and circus" make those choices everyday. They live in the "here and now" with no thought for their future and when they grow old it is the system they blame.[/quote] Well said! Sensible post! 👍 |
Title: Re: Americans Are Waiting In Breadlines Post by Lisa Jones on Jul 31st, 2022 at 10:57pm Frank wrote on Jul 31st, 2022 at 2:22pm:
To be fair to Groggy we ought to give him some slack as he only has 1 brain cell these days. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Jul 31st, 2022 at 11:07pm AusGeoff wrote on Jul 31st, 2022 at 10:41pm:
And yet you can't disprove a word of the article. Wiki is more opinion than fact. I take everything I read there with a large grain of salt! Politifact is a pay site catering to liberal contributors and says what brings in the suckers! |
Title: Re: Americans Are Waiting In Breadlines Post by greggerypeccary on Aug 1st, 2022 at 1:11am Mortdooley wrote on Jul 31st, 2022 at 11:07pm:
The Gateway Pundit (TGP) is an American far-right fake news website. The website is known for publishing falsehoods, hoaxes, and conspiracy theories. |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Aug 1st, 2022 at 8:07am Mortdooley wrote on Jul 31st, 2022 at 11:07pm:
And yet, those 'lines" are there thanks to cuts by your Dear Leader, which you fully supported. So I'm curious. When you support tax cuts for the rich, cuts to the food stamps program and cuts to social security across the board, why do you wring your hands over the plight of the poor? That's a question. |
Title: Re: Americans Are Waiting In Breadlines Post by Lisa Jones on Aug 1st, 2022 at 11:45am Mortdooley wrote on Jul 31st, 2022 at 11:07pm:
Yep! It's encouraging to know there are a some alert posters on this forum Mortdooly! |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 1st, 2022 at 9:04pm Lisa Jones wrote on Jul 31st, 2022 at 10:56pm:
Thank you very much. Good to see a Conservative recognizing the evils of neoliberalism, and its bastard offspring, privatization. https://www.abc.net.au/news/2022-07-05/interest-rates-rise-expected-to-increase-unemployment/101192934 "Since 1946, the CES had been responsible for linking unemployed people with job vacancies, filling labour shortages, and producing regular statistics on the labour force. It had offices everywhere, with specialist staff that maintained relationships with employers around the country. Back then, when politicians boasted about finding work for unemployed Australians, it wasn't rhetoric. They were responsible for the government agency that did so. Here's an excerpt from a parliamentary debate in 1963 in which William McMahon, then minister for labour, bragged about his government's achievements: [.......] However, when full employment was ditched (after the 70's], the CES was white-anted. CES staff, who'd spent their careers trying to help unemployed people find work, were increasingly asked to spend more time monitoring the behaviour of the unemployed to help find budget savings by cutting people off welfare for failing numerous "activity tests". A new philosophy blew through Canberra, on winds from overseas, that saw value in attaching increasingly onerous conditions to welfare payments. Initially, there was strong resistance from CES staff to the new culture, but their resistance was worn down. And things changed fundamentally in 1998 when the "employment services" the CES provided were privatised. [note: courtesy of conservative Howard govt]. "This radical transformation of employment service delivery is without parallel in OECD countries," noted the Organisation for Economic Co-operation and Development in a special paper on Australia's new labour market experiment. "Since the introduction of Job Network in 1998, employment services are mainly offered by independent providers from the private and community sector. "The remaining government body is offering services on the same terms and conditions as the private providers, and has retained only a relatively minor share in the market." Fast forward to 2022, and that privatisation has proven very profitable for the private companies that win lucrative government contracts to deliver those "employment services" each year. But it's also given those private companies power to suspend Australians' welfare payments." Whereas in Oz under post-war Keynesian deficit spending (1946-70's), unemployment was mostly kept to below 2%, so welfare was a moot point. |
Title: Re: Americans Are Waiting In Breadlines Post by Sprintcyclist on Aug 1st, 2022 at 9:10pm greggerypeccary wrote on Aug 1st, 2022 at 1:11am:
Yes |
Title: Re: Americans Are Waiting In Breadlines Post by Frank on Aug 1st, 2022 at 9:45pm greggerypeccary wrote on Aug 1st, 2022 at 1:11am:
That's enough about The Granuiad, gweggy. |
Title: Re: Americans Are Waiting In Breadlines Post by wombatwoody on Aug 1st, 2022 at 11:12pm AusGeoff wrote on Jul 31st, 2022 at 10:41pm:
When it comes to politics and the like Wikipedia is nothing more than a propaganda machine. I'll ask again, where are the 'falsehoods and hoaxes' in that article? Quote:
There's a thing or two you need to know about PolitiFact: https://thenationalpulse.com/2022/06/06/politifcked-an-office-manger-from-florida-and-a-gates-funded-professor-are-censoring-studies-linking-mask-usage-to-increased-deaths/ |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 1st, 2022 at 11:33pm Quote:
It seems to always be beyond the liberal mind to understand over fifty percent of Americans pay no income tax but want the rich to pay their fair share. Raising taxes on the rich raises the price of goods and services because the cost is passed on. Try to understand this if nothing else. Government spends too much and spends most of it irresponsibly. This government can never live within its income so raising taxes doesn't fix anything. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 1st, 2022 at 11:45pm Mortdooley wrote on Aug 1st, 2022 at 11:33pm:
Yes well... when the 50% live paycheck to paycheck (or worse), it's reasonable for the one-percenters to pay more in tax, as Gates and Buffet have both agreed. Quote:
er ...you have that back to front: raising wages (if supply is constrained) raises the prices of goods and services because companies pass the costs on, to maintain profit margins. But wages of the working class have to be sufficient to create sufficient spending power to support the economy. Quote:
Yes please do. Quote:
So don't tax anyone.... should be an interesting show to watch... |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Aug 1st, 2022 at 11:59pm Mortdooley wrote on Aug 1st, 2022 at 11:33pm:
So why did you post the OP? I'm curious. |
Title: Re: Americans Are Waiting In Breadlines Post by AusGeoff on Aug 2nd, 2022 at 12:32am Mortdooley wrote on Jul 31st, 2022 at 11:07pm:
To seriously believe that Wikipedia is merely a source of "opinion" only is erroneous. The fact that it's edited in real time by people like you and me ensures that it's not simply peoples' personal opinions—it's effectively peer reviewed, constantly, and often by highly accredited professionals in all fields of the sciences and the humanities, and politics and economics. That you take "everything" on Wikipedia with a large grain of salt only limits your own knowledge of world affairs by blinding you to 99% of its relevant content. And to describe Politifact as a "liberal" pay site is truly absurd. It's a nonprofit project operated by the Poynter Institute in St. Petersburg, Florida. It's been awarded the Pulitzer Prize for National Reporting, with TIME magazine "characteriz[ing] PolitiFact as having the "hard-earned and important position as referee in the mudslinging contest—a 'truth vigilante,' as it were", and "PolitiFact is trying to do the right thing here. And despite the efforts of partisans to work the refs by complaining about various calls they’ve made in the past, they’re generally doing a hard, important thing well. They often do it better than the rest of the political media, and the political press owes them for doing it." |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 2nd, 2022 at 12:35am Karnal wrote on Aug 1st, 2022 at 11:59pm:
To share with you what a fine job your boy brandon is doing for the American poor! |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 2nd, 2022 at 1:10am thegreatdivide wrote on Aug 1st, 2022 at 11:45pm:
er ...you have that back to front: raising wages (if supply is constrained) raises the prices of goods and services because companies pass the costs on, to maintain profit margins. But wages of the working class have to be sufficient to create sufficient spending power to support the economy. Quote:
Yes please do. Quote:
So don't tax anyone.... should be an interesting show to watch... [/quote] I can see how you are lost in the weeds on this. The majority of people who live paycheck to paycheck seem quite content to do so as long as their "house of cards" doesn't fall. To them money is like ripe fruit, use it as soon as possible. It isn't a habit of just the poor, many middleclass are just as bad. Where I worked people with identical wages some retired with nothing but a little pension and others left with more than a million dollars. All had the same opportunities, the difference was the choices they made during their working lives. Taxes are just one more cost of doing business and as expenses go up so does the price charged. There was a time when there was no income tax and the government lived on the fees and duties it charged. It even contributed to starting a war between the States when legislation required the less populated South to pay most of the expense of running the government. All of the personal income tax collected today goes to pay the interest on the national debt. |
Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 2nd, 2022 at 6:09am Mortdooley wrote on Jul 30th, 2022 at 10:13pm:
morty torty, The Gateway Pundit is not a credible source. Even with all your dumbassness and terminal ignorance you know that. Mortdooley wrote on Jul 30th, 2022 at 10:13pm:
Oooooh, "puppet masters." And we've been through this, the oil that would have going through Keystone is tar sand oil, not substantive for gasoline refining. That Alberta tar sand oil is being pumped and shipped - mainly to China for industrial manufacturing. It will never go through sacred lands for greedy oil barons. Also short circuits that Canadian oil is "American energy independence." Christ, you're a inbred retard. Stay stupid, morty tortry. |
Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 2nd, 2022 at 6:13am Mortdooley wrote on Jul 31st, 2022 at 9:16pm:
Why would anyone want to dispute an article based on no objective reality whatsoever? Stay stupid, morty torty |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Aug 2nd, 2022 at 8:22am Mortdooley wrote on Aug 2nd, 2022 at 12:35am:
Help me to get this right, Mort. You have no interest in the poor. All your posts to date have been about cutting their funding, blaming them for sapping your savings, and using them as a wedge in your relentless, neverending culture wars. What, exactly, would you have to share on the subject? You erected Dear Leader to get them back, remember? Overturn Obamacare (too hard), build a big, beautiful wall (27 new km built) and stop jobs moving to Chi-na (more moved under Trump than Obama, trade deficit grew, and tariffs handed over to big business in compensation, with consumers footing the bill). The cost of it all? The highest government debt in US history, with nothing to show for it. There he was in the end, hiding after his defeat to Sleepy Joe, demanding congress give more free money away. So I'm curious. Why would you care what Biden's doing for the poor? You celebrated the biggest American policy failure ever. Under Trump, you ended up with more debt than WWII. His response to covid saw more lives lost than the total of those killed in every war in US history put together. In every measure - health, trade, spending, governance, accountability and, of course, poverty - your boy failed. Do you really think a Russian-backed propaganda piece is going to make us forget that? |
Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 2nd, 2022 at 11:41am Mortdooley wrote on Aug 1st, 2022 at 11:33pm:
That is a myth. But do go on. Mortdooley wrote on Aug 1st, 2022 at 11:33pm:
Yap, yap, yap... Do you all hear that? Sounds like boiler plate right-wing talking points which no evidence that supports morty torty's claim whatsoever. You complain way too much to be a worker and I seriously doubt you ever held much of a job in your uneducated life. Your ridiculous Gateway Suckit of America's economic malaise is nonpareil so no wonder terminal retards like yourself turn to fraudulent sites with made up statistics while all the time the unemployment rate ignores underemployed gig workers and those who gave given up looking for work. The inflation rate ignores food and energy costs except when they can be massaged by means of hegemony adjustments. See, morty torty, the question isn’t when we’ll enter a recession; it’s whether we’re already in the first stages of a global depression. Stay stupid, morty torty. You Fox News Watching cuck. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 2nd, 2022 at 2:43pm Mortdooley wrote on Aug 2nd, 2022 at 1:10am:
Good, you might be able to teach us something, let's read on: [quote]The majority of people who live paycheck to paycheck seem quite content to do so as long as their "house of cards" doesn't fall.[/quote] Nonsense, you ever heard of the 'quiet desperation' of the many, who are experiencing chronic financial stress (which is what living paycheck to paycheck is)? Quote:
If you are living paycheck to paycheck, renting and unable to ever consider owning your own home, the little bit of money remaining each week after food, rent and essentials is likely to to be spent on some trifling offering immediate gratification. Quote:
Mere repetition of Conservative "choices" mythology doesn't make it real. You remain blind to the consequences of the current vicious neoliberal system which ordains a level of unemployment to control inflation. You should be aware the mainstream toad Larry Summers is recommending the Fed increase rates, to increase unemployment for several years, to bring inflation under control: https://www.abc.net.au/news/2022-07-05/interest-rates-rise-expected-to-increase-unemployment/101192934 "But a few weeks ago, American economist Larry Summers said if US policymakers wanted to get their inflation under control they'd have to allow unemployment to rise significantly in coming years. He said there were few options available to them. "We need five years of unemployment above 5 per cent to contain inflation — in other words, we need two years of 7.5 per cent unemployment or five years of 6 per cent unemployment or one year of 10 per cent unemployment," he said. It's not uncommon to hear an economist speak so frankly, and Mr Summers is as mainstream as it gets. But it was callous". Quote:
Taxes are a cost to profits, not to "doing business". Quote:
Yes, well a slave economy does have its own way of "doing business"... Quote:
Yes, well that's because currency-issuing governments are forced to borrow money from greedy private financiers inhabiting the central bankers' cabal. https://www.abc.net.au/news/2022-07-24/rba-review-will-it-consider-how-money-is-created-by-the-rba/101263806 It's the last taboo in central banking. So will the RBA** review look at how money is created? ** Reserve Bank of Australia; equally applicable to the Fed. |
Title: Re: Americans Are Waiting In Breadlines Post by Lisa Jones on Aug 2nd, 2022 at 3:00pm
I've not bothered to read anything posted in this topic. IF the topic title is true then I think it's a good thing! Why? Americans lead the world in obesity and obesity linked diseases. So this is going to be 1 SURE way of helping them lose weight as it will cause them to cut down on how much they gobble up each day.
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Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 2nd, 2022 at 3:15pm Lisa Jones wrote on Aug 2nd, 2022 at 3:00pm:
People with secure above poverty jobs tend to look after their health and fitness. The US minimum wage is below poverty level. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 8th, 2022 at 12:46am Quote:
Nonsense, you ever heard of the 'quiet desperation' of the many, who are experiencing chronic financial stress (which is what living paycheck to paycheck is)? Quote:
If you are living paycheck to paycheck, renting and unable to ever consider owning your own home, the little bit of money remaining each week after food, rent and essentials is likely to to be spent on some trifling offering immediate gratification. [/quote] A little critical thinking might help here. If half of Americans are living paycheck to paycheck but half of Americans are not poor where is your argument? The majority living paycheck to paycheck are doing quite well as long as the money keeps coming in. They buy the biggest, nicest homes in beautiful planned neighborhoods. They trade their vehicles regularly so they are always driving a new one. They pay for their children to be in a variety of afterschool activities and spend little time as a family. This lifestyle may go on their entire working lives or one may lose their job or there is a divorce and it all falls down. Quote:
Mere repetition of Conservative "choices" mythology doesn't make it real. You remain blind to the consequences of the current vicious neoliberal system which ordains a level of unemployment to control inflation. You should be aware the mainstream toad Larry Summers is recommending the Fed increase rates, to increase unemployment for several years, to bring inflation under control: https://www.abc.net.au/news/2022-07-05/interest-rates-rise-expected-to-increase-unemployment/101192934 "But a few weeks ago, American economist Larry Summers said if US policymakers wanted to get their inflation under control they'd have to allow unemployment to rise significantly in coming years. He said there were few options available to them. "We need five years of unemployment above 5 per cent to contain inflation — in other words, we need two years of 7.5 per cent unemployment or five years of 6 per cent unemployment or one year of 10 per cent unemployment," he said. It's not uncommon to hear an economist speak so frankly, and Mr Summers is as mainstream as it gets. But it was callous".[/quote] It is amazing how you believe people are not responsible for their lives. Cradle to grave security is for slaves, it isn't the answer. Rather then quoting a Bill Clinton appointee you should read the works of Doctor Ron Paul. In a fair and honest election he would have replaced Bill Clinton making Clinton a one term President. We don't need any level of unemployment to contain inflation except maybe lay off at least fifty percent of federal employees and have term limits for elected offices! As the Federal Reserve creates more dollars out of thin air the value of individual dollars is reduced, that is simple economics. As the dollar becomes less valuable it takes more of them to purchase the same goods and services. You should be able to grasp that but apparently not. Quote:
Taxes are a cost to profits, not to "doing business". [/quote] Inflation is a tax and taxes are another expense. The cost of doing business has to include the taxes passed on the the end user. It is a poor business that reduces its profits or even sells at a loss because government makes them less profitable. The whole purpose of any business is mutual benefit, if you make the business unprofitable it will disappear. Quote:
Yes, well a slave economy does have its own way of "doing business"... [/quote] Slavery was only a small part of the Southern economy and was on its way out. Hundreds of thousands of Southern men didn't fight a war so a few rich men could perpetuate an immoral business practice. Easy credit is the chains people make for themselves to be the new slaves. “Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.” Quote:
Yes, well that's because currency-issuing governments are forced to borrow money from greedy private financiers inhabiting the central bankers' cabal. https://www.abc.net.au/news/2022-07-24/rba-review-will-it-consider-how-money-is-created-by-the-rba/101263806 It's the last taboo in central banking. So will the RBA** review look at how money is created? ** Reserve Bank of Australia; equally applicable to the Fed. [/quote] The greedy ones are the government! |
Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 8th, 2022 at 1:10am Mortdooley wrote on Aug 8th, 2022 at 12:46am:
;D ;D "Dr" Ron Paul is severely mentally ill - as is his dipshit son. His whole lame-ass Libertardian ideology is outdated and stupid. Just.Like.You. |
Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 8th, 2022 at 1:26am Lisa Jones wrote on Aug 2nd, 2022 at 3:00pm:
That's never going to happen. America lives (and dies) on mass-produced processed food loaded with sugar and added hormones. Food production itself is cheap and cost effective as long as it stays that way. Obesity is a real problem in America to the point where it's an epidemic that is going to cost taxpayers in the billions in terms of health care related to diabetes, blindness from diabetes, heart disease, kidney disease, tooth decay, amputations. What gets me is seeing children and I mean children around the ages of 5 - 7 years old who are massively overweight and their parents are feeding them nothing but sugar and hormone-injected meats and poultry. No exercise, no nutritional education, no desire to change eating habits. American food production thrives on this. The other day I was looking through a neighbor high school yearbook from @40 years ago and not person in his entire graduation class was obese now look at a high school yearbook today and I'd say @80% of the kids in it are grossly obese. And it's only going to get worse |
Title: Re: Americans Are Waiting In Breadlines Post by AiA on Aug 8th, 2022 at 1:46am
The "Voodoo Economic" policies that began in earnest in the 1980s are being felt today. Consider that Morty.
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Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 8th, 2022 at 1:50am
morty torty cannot think or himself. morty torty is incapable of any independent thought.
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Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 8th, 2022 at 12:09pm Mortdooley wrote on Aug 8th, 2022 at 12:46am:
Quick google: "What is the current US homeownership rate? 65.5%" ...and.... Is home ownership in the US declining? "The homeownership rate has consistently declined with each generation since the boomers. The homeownership rate for each age group younger than 75 will decline dramatically over the next two decades... 21 Jan 2021" Quote:
But given only 2/3rds (and decreasing) of Americans own their home, the majority living paycheck to pay check (or worse) don't own their own home, which was your stated yardstick for prosperity. Quote:
Refuted above. Most are renting, with no chance to save a deposit. Quote:
Simple macroeconomic realities in a neoliberal economy with permanent involuntary un/underemployment plus those who have given up looking. People can only be responsible when above-poverty participation is guaranteed; and certainly, as Marla has pointed out, when the huge profit-driven junk food industry supported by ubiquitous junk advertising (inc. gambling of all kinds) is phased out. Quote:
Guaranteed above poverty participation in the nation's economic life is not "slavery". Quote:
Well at least we both agree Larry Summers is a neoliberal catastrophe...and another poster has characterized Dr Ron Paul.... Quote:
"In proposing a plan to cut the deficit, Clinton submitted a budget and corresponding tax legislation (the final, signed version was known as the Omnibus Budget Reconciliation Act of 1993) that would cut the deficit by $500 billion over five years by reducing $255 billion of spending and raising taxes on the wealthiest". The poorest of course suffered the spending cuts. Quote:
"According to the Office of Personnel Management (OPM), the federal workforce is composed of an estimated 2.1 million civilian workers.28 June 2022" So you want to sack a million workers; that will certainly reduce demand and inflation... Quote:
1. Increased dollars causes inflation ONLY if the economy cannot absorb the extra spending. 2. All dollars are created out of thin air, but those created by the Fed are issued as debt owing to private financiers, an evil convention. (See MMT). Quote:
Addressed and refuted above; resources available for purchase by the government are the crux of the matter, not government debt. https://www.youtube.com/watch?v=v14iP_qnlgU Alternatively, you can raise taxes to fund needed social programs. Quote:
Taxes are the cost of a civilized society, wages are a cost to business. Quote:
Yes, well Mosler (video above) explains why currency-issuing governments don't need to tax in order to spend; but you are proposing a fantasy world in which government can't fund itself at all since taxes have to be avoided as far as possible, according to you. As for inflation, it rises when demand exceeds supply, but it is not a direct tax; indeed taxes might be required to reduce demand-inflation. Quote:
Examined and refuted above. Taxes reduce retained income of workers and businesses; whether business is profitable or not is subject to many other factors. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 11th, 2022 at 10:37pm Quote:
There is a quote I refer to from time to time. Statistics don't lie but you can lie with statistics. If two thirds of Americans own their own home does that include children or just adults? Not everyone who can afford a mortgage wants one. I knew a career Navy Veteran and a Hospital Administrator who never owned their homes by choice. Both were financially successful. In this culture of easy credit many have ruined their chances with unsecured debt from credit cards. Many want more house than they can afford and prudent lenders will not take the chance the loans will be defaulted on. Quote:
Not my yardstick, I would judge a persons prosperity on net worth. The largest asset most people own is their home which is why it is used as a major indicator. You can have a high net worth and not own the roof over your head. Some people are in "debt up to their eyeballs" as the saying goes. Some live in poverty and others live on the edge of financial disaster while looking successful. In reality you can't really judge people on appearance. I really shouldn't be so hard on our less advantaged. They are too busy to clean up around their area. Dirty dishes and dirty clothes should be able to wash themselves. People just don't have time to further their education when they need to hang with their peeps, watch reality TV and consume large quantities of drugs and alcohol. Always remember and never forget " The _____ man hasn't got a chance, the ______man is always going to keep you down"! It isn't your fault that you wasted all that time sitting in classrooms for twelve or more years refusing to get an education. Now back to the original point. People are suffering the results of the democrat attacks on the economy. Those living a modest lifestyle on a limited budget are being severely hurt by the increase in the cost of living. In the last nineteen months prices have gone up in over 100% for fuels. In most cases at last 10% for goods and services. We choose to dine out almost every day and the same meals at the same restaurants are 30% to 50% more then on January 20, 2020. Quote:
How do you think those "stimulus checks" helped? Sixteen hundred dollars followed by crushing inflation! A guaranteed minimum free income will not help either, the economy will adjust prices upward. Quote:
I would go farther than that, the numbers are around 9.1 million employees, about 22.4 percent of which are full-time feds and the rest coming from contractors. Most are just the minions of little kingdoms set up inside the government. They produce nothing but income for themselves. Now pedo-peter is going to add 87,000 more IRS Agents to harass and imprison political enemies. Quote:
Taxes are just one more cost buried within every good and service we purchase. It is just one more line on balance sheets. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 12th, 2022 at 1:02pm Mortdooley wrote on Aug 11th, 2022 at 10:37pm:
Good, but what you are about to say will just show the inadequacy of your conservative "personal responsibility" mantra alone as a determinant of individuals' prosperity; and your acceptance of the current evil monetary system which forces currency issuing governments to borrow (at interest) from private financiers, which is why government cannot properly fund wages of age care workers and teachers. Quote:
See...your first mistake. Dem, or Repub; if the national government is forced to borrow from private financiers, then public sector workers will always be underpaid. And you cannot privatize education and health/age- care, if you want a decent society not wracked by extreme inequality and disadvantage. Quote:
Correct. Quote:
And the main cause of cost of living increase is supply-side constraints due to covid. Quote:
Indeed the Fed (and Treasury) should simply have paid the essential bills of locked-down workers, by using the governement's own currency-issuing capacity. The last thing a pandemic locked-down economy needs is "stimulation". Only people with no economic understanding could say "stimulation" was needed at the time when most (non-essential) workers were required to stay home, in order to avoid spreading, catching and dying of the plague. So the government could have avoided BOTH pumping up people bank accounts, AND pumping up its own public debt "which must be repaid'. But a guaranteed minimum wage is a different matter in a fully functioning economy without supply blockages. Quote:
So you want to privatize the economy? The US is already the most privatized economy in the world - which explains the Jan. 6th riots, and fierce political hyper-partisanship in the US, which is bringing democracy itself into disrepute all around the world. Quote:
True....so you need to wake up to the egregious effects of orthodox monetary practice. http://bilbo.economicoutlook.net/blog/ Radical change is needed and mainstream economics will not be part of the solution. Thursday, August 11, 2022 |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 12th, 2022 at 9:26pm
So once again you circle back to the communist manifesto.
This government isn't borrowing from private institutions, it is creating dollars out of thin air and using the future generations as collateral. As the dollar buys less and less it is the people who live on fixed incomes who suffer the most. Why is it not clear to you that the government creates the problem. The economy was going well until pedo-peter assumed the big desk and started undoing our prosperity. Apparently the wrong people prospered while Trump was President, that would be the Middle Class. Quote:
The whole cause is run away government spending with an unlimited creation of dollars. Quote:
This so called plague was about a lot of things but public health wasn't one of them. I understand that many if not most people live in the "here and now" with no clue or concern about the future. I've never known a person who was down and out that couldn't decide to pull themselves up if they would just make the effort. Quote:
There should never have been any lock-downs. It didn't save lives and in many cases it cost lives. People afraid to go out to continue medical treatment for existing conditions was one big example. Quote:
The January 6th PROTESTS were a direct result of an election that defied reality and had no effect on the economy. The pervert in the White House on January 20th did that. The battle in America is between the people who want less government in their lives but provides basic services and those who want a one world government. I have found some western cultures population want firm rules to spare them from the annoyance of other peoples freedoms rather than restricting government in their lives. Quote:
I doubt your Author is doing to sell many books. People don't know how much control they have over their own lives until they take it! |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 13th, 2022 at 3:42pm Mortdooley wrote on Aug 12th, 2022 at 9:26pm:
Nonsense, though I am stating the necessity to manage neoliberal free markets, to save the global economy from imminent collapse. http://bilbo.economicoutlook.net/blog/?m=20220811 "Radical change is needed and mainstream economics will not be part of the solution." Thursday, August 11, 2022 Quote:
That's just plain wrong. Currency-issuing governments couldbe authorized to fund the public sector without taxing or borrowing from the private sector, but they aren't. They have to buy or sell bonds to private financiers. https://www.ozpolitic.com/forum/YaBB.pl?num=1645944963/225 (#236) Questions 1,2 and 3, show so-called "money printing" is always conducted via private financiers, regardless of whether the government is buying or selling bonds. Quote:
The unemployed or those on below poverty wages always suffer the most. Those on low fixed incomes are the next in line for pain.... Quote:
It IS clear to me that neoliberal governments with their central bank monetary orthodoxy ..."borrowing money which must be repaid".... are causing the problem. Quote:
Workers' wages have stagnated for 3 decades....and poverty remains entrenched, while inequality is soaring. Quote:
Decent wages for teachers and nurses etc is not "run-away spending". Quote:
The plague was real and killed over a million in the US. Fact is the government could have supported locked-down workers..... for free, without issuing "debt which must be repaid". There should never have been any lock-downs. It didn't save lives and in many cases it cost lives. People afraid to go out to continue medical treatment for existing conditions was one big example. Quote:
US political hyperpartisanship caused the riots (er...protests, certainly not 'peaceful'..). Any desire for "one world government " is not the cause; lack of "an economy that works for all" (Bernie Sanders) IS the problem. Quote:
A like-minded economist was a best-selling author on the NYT list: prof. Stephanie Kelton: 'The Deficit Myth'. Quote:
People were dying like flies at the start of covid; external circumstance often intrude into personal actions. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 14th, 2022 at 11:04pm
5 Statistics Showing How Capitalism Solves Poverty
1. The number of people living in extreme poverty worldwide declined by 80 percent from 1970 to 2006. 2. Poverty worldwide included 94 percent of the world’s population in 1820. In 2011, it was only 17 percent. 3. Globally, those in the lower and middle income brackets saw increases in pay of 40 percent from 1988 to 2008. 4. The world is 120 times better off today than in 1800 as a result of capitalism. 5. Mortality rates for children under the age of five declined by 49 percent from 1990 to 2013. https://www.dailywire.com/news/5-statistics-showing-how-capitalism-solves-poverty-aaron-bandler This "you will own nothing and be happy" is pure lunacy. Government stands in the way of success because they want the wrong people to benefit. The largest parts of government is nothing more than a parasite. The "poor" choose to be poor, they don't accept it, they don't believe it but they do. If you believe you can be a success in life you have a chance but if you believe you can never get ahead you are right. The progressive democrats and their pretend leader pedo-peter are anti-capitalism. They inflate the money supply by trillions of dollars making every dollar less valuable. Goods and services have become much more expensive while wages and other income has remained about the same. A one world government will never solve the worlds problems but it will put more power in fewer hands. As far as the so called pandemic is represented, statistically while hundreds of thousands of deaths were blamed on it the overall mortality rate wasn't much different then before it started. The majority of deaths were people in the last few months of life and may or may not have been infected. I personally only knew two people who actually died of covid, both were true believers in the "vaccines" and were up to date on them, following all the social distancing and mask precautions. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 14th, 2022 at 11:31pm Mortdooley wrote on Aug 14th, 2022 at 11:04pm:
The problem isn't capitalism per se, but 'small government' neoliberalism developed by Friedman and introduced by Thatcher and Reagan. Quote:
Interestingly, China accounted for 60% of global poverty reduction after 1978, when China adopted capitalist markets within state management. Nevertheless, much Chinese production remained state-owned. Quote:
House ownership is not as important as security of tenure. Public housing is usually a necessary antidote to private housing markets. Quote:
In fact telecoms and energy should be state owned. Quote:
That's conservative mythology, regardless of what anyone "accepts". Quote:
No they aren't; they are anti-neoliberal free markets. Bernie Sanders isn't proposing to eliminate capitalism. Quote:
Those trillions certainly haven't trickled down to the bottom half of the population. Quote:
An effective international rules based system would solve a lot of problems, but that's separate to functional national economies serving the needs of all citizens. Quote:
Well the million deaths were excess deaths, and though many were near the end of life, many were not. |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 15th, 2022 at 10:13pm |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Aug 16th, 2022 at 8:06am Mortdooley wrote on Aug 15th, 2022 at 10:13pm: And here you were starting a thread to blame politicians. Cunning, no? |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Aug 16th, 2022 at 8:14am Mortdooley wrote on Aug 14th, 2022 at 11:04pm:
Strange. How much free cash did your Dear Leader try to get Congress to send out to people for doing nothing? Let's do this as a multiple choice. Per person, was it? A. $600 B. $1000 C. $2000 |
Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 16th, 2022 at 8:46am Mortdooley wrote on Aug 14th, 2022 at 11:04pm:
;D ;D ;D morty torty spewing 100% Kremlin propaganda |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 16th, 2022 at 1:49pm Karnal wrote on Aug 16th, 2022 at 8:14am:
Note on "free cash": The issue is a nation's productive capacity. Of course in a pandemic-enforced lockdown, government MUST pay the essential bills of locked down workers. The smart way for a currency-issuing government to do this is to simply change the digits in the banks accounts of locked-down workers (="free money"). The dumb way is for the govt. to borrow the money from private financiers which is the current convention (whether QE or not; the money creation process is still insanely preserved for private sector agents, when governments buy or sell bonds). |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Aug 16th, 2022 at 3:19pm thegreatdivide wrote on Aug 16th, 2022 at 1:49pm:
True, true. Or there's Mort's Dear Leader's way: start a trade war, spend the tariffs paying off the manufacturers and agribusinesses, watch business pass the tax onto consumers, blame Chi-na, then blame the current prez when the public vote you out and do it all again in 2024. We'll win so much we'll grow tired of winning, no? |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 16th, 2022 at 10:03pm
Since the two of you seem to be the same person "geat" must be the sock.
https://canadafreepress.com/article/open-letter-to-my-and-every-congressional-representative Open letter to my (and every) congressional representative August 11, 2022 I attended a town hall in Wallowa County, Oregon conducted by Representative Cliff Bentz and there were a few things that came up that need discussion and solutions. First, it was evident that too many folks have been hoodwinked into believing that the federal seat of power, Washington, D.C., is where they need to go for answers regarding decisions that affect their daily lives. It doesn’t matter what issue was raised whether it was healthcare, which one attendee insisted on adding abortion to that “benefit,” drug costs, veteran support, access to grazing leases, energy availability or the millions coming across the southern border, their questions came down to one thing – how will the government manage it and, more importantly, pay for it? The whole problem with this notion is that the federal government has no business overseeing the majority of these issues. Constitutionally, the only reasons for the federal government to exist is to protect interstate trade and foreign commerce (the Marines were formed to counter piracy on the high seas) and provide national security. For these reasons were roads built and maintained; armories, forts and customs houses established; and immigration supervised. All other areas of administration from health insurance and education to forest management were never intended to be controlled by a federal apparatus… never. Representative Bentz said something crucial that was glossed over by the attendees when he noted that every one in the room ought to go to Congress. Going back to the inception of the House of Representatives, it was originally devised to be an assembly composed of citizens who would take one or two terms to serve in the capital, representing their home districts when considering issues of national security and commerce. Nowhere in the Constitution was there mention that Congress, the President or the Judiciary was apportioned control over citizens’ health maintenance, education, land usage, natural resources, wildlife or, believe it or not, individual taxation. These rights of management were left to the states and individuals under Article 1, Section 8. From Toddy Littman, our legal researcher, in an article written in 2012, Founding principles never included progressive tax: [Go b]ack to the beginning of this country and the Framers’ intent, the change of former servants to become masters, and realize that now the reverse has occurred where the elected servants have usurped the role of master. Note that it was the government that amended the Constitution to gather income tax, not the People. The purpose of the 1913 beginning of this boondoggle was to collect money to fund projects and entitlements that were never designated under the Constitution. Article 1, Section 8: Congress having the power to tax, etc. “to pay the Debts and provide for the common Defence and general Welfare of the United States.” This is the definition of “welfare” used within the context of the United States Constitution (note the designation specific to states): Welfare: Noah Webster’s 1828 Dictionary: 2. Exemption from any unusual evil or calamity; the enjoyment of peace and prosperity, or the ordinary blessings of society and civil government; applied to states. Thus were (and are) taxes never to be collected for the purposes of providing education, promoting arts or even providing for the poor, the “welfare” programs, i.e. entitlement programs. Read Jefferson’s second inaugural address (fifth paragraph). |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 17th, 2022 at 12:00am Mortdooley wrote on Aug 16th, 2022 at 10:03pm:
The perils of a 200 year-old Constitution. "The 1913 Federal Reserve Act is legislation in the United States that created the Federal Reserve System. Congress passed the Federal Reserve Act to establish economic stability in the U.S. by introducing a central bank to oversee monetary policy". ..after a series of 19th century economic booms and busts, post the US civil war. The next stage of national reform is to eliminate borrowing by the Fed, on behalf of national government which has the capacity to issue its own currency (up to the limit of the resources available for the government to purchase). |
Title: Re: Americans Are Waiting In Breadlines Post by Mortdooley on Aug 17th, 2022 at 12:33am
Clearly the Federal Reserve Act is unconstitutional. An once of gold will still buy about the same goods as it would 100 years ago, A modern dollar is worth about 2 cents in 1922 dollars thanks to the federal reserve letting our money be debased.
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Title: Re: Americans Are Waiting In Breadlines Post by Marla on Aug 17th, 2022 at 1:44am Mortdooley wrote on Aug 17th, 2022 at 12:33am:
Libertardian red pill fodder. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 17th, 2022 at 1:29pm Mortdooley wrote on Aug 17th, 2022 at 12:33am:
Yes well that is covered in the new reforms I mentioned, (zero interest rate policy and zero inflation; there are other ways to deal with excess demand, than by debasing the currency, but that is another story). |
Title: Re: Americans Are Waiting In Breadlines Post by Mustapha_Khunt on Aug 17th, 2022 at 5:15pm Mortdooley wrote on Aug 17th, 2022 at 12:33am:
What was Mr Trump's policy on this issue, Mort? Oh, I remember now. Quote:
https://www.vox.com/2016/5/9/11639292/donald-trump-default-print-money |
Title: Re: Americans Are Waiting In Breadlines Post by Frank on Aug 17th, 2022 at 6:13pm Karnal wrote on Aug 17th, 2022 at 5:15pm:
He must have been reading thegreatdivide's mantra on this. MMT, innit. |
Title: Re: Americans Are Waiting In Breadlines Post by thegreatdivide on Aug 18th, 2022 at 3:39pm Frank wrote on Aug 17th, 2022 at 6:13pm:
Good to see you learning, Frank. Meanwhile the Fed is racking up $trillions in debt - to keep capitalism alive (through various calamities like the GFC and the pandemic) - debt which has to be repaid by taxpayers to private financiers....madness. |
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