Socialism works... (Read 46471 times)

Kuleana

Re: Socialism works...
« Reply #160 on: May 20, 2020, 11:24:02 AM »
nope, I see all this money printing as a sure sign of inflation once the fed stops pumping up the stock market...

No arguments here.

I already have shared in other threads that the US is definitely headed to some degree of hyperinflation.

The Covid-19 money printed to help the average Joe was something that could be absorbed by the domestic economy with some inflation down the road.  That act of socialism was good, but not enough to help common Americans.   :(

Unfortunately, the majority of the bailout made its way to the ultrawealthy and their Wall Street casino.  That act of socialism has become the greatest money grab in American economic history to date by the ultrawealthy that surreal as it is, no one complains enough.   :wtf:

macsak

Re: Socialism works...
« Reply #161 on: May 20, 2020, 11:25:31 AM »
No arguments here.

I already have shared in other threads that the US is definitely headed to some degree of hyperinflation.

The Covid-19 money printed to help the average Joe was something that could be absorbed by the domestic economy with some inflation down the road.  That act of socialism was good, but not enough to help common Americans.   :(

Unfortunately, the majority of the bailout made its way to the ultrawealthy and their Wall Street casino.  That act of socialism has become the greatest money grab in American economic history to date by the ultrawealthy that surreal as it is, no one complains enough.   :wtf:

do you have data on what the amount of thie "majority of the bailout" was?

Kuleana

Re: Socialism works...
« Reply #162 on: May 20, 2020, 01:13:14 PM »
do you have data on what the amount of thie "majority of the bailout" was?

The final accounting is not in; however, below is a working breakdown from all publicly available information sources in regards to the current $6 Trillion bailout (subject to change):


Cares Act 2020 (Source: https://www.npr.org/2020/03/26/821457551/whats-inside-the-senate-s-2-trillion-coronavirus-aid-package)
1. Individuals ($560 Billion)
2. Big Corporations ($500 Billion)
3. Small Businesses ($377 Billion)
4. State and Local Governments ($339.8 Billion)
5. Public Health ($153.5 Billion)
6. Education/Other ($43.7 Billion)
7. Safety Net ($26 Billion)

Subtotal: $2 Trillion


Additional Proviso
U.S. Treasury’s Exchange Stabilization Fund to the FED ($450 Billion) ~ $4 Trillion*
*  CARES Act also provides around $450 billion for the U.S. Treasury’s Exchange Stabilization Fund to use as loans, loan guarantees, and investments for the Federal Reserve to help distressed companies and industries. Leveraged up with funds from the Fed, the U.S. government is set to provide subsidized short-term credit, potentially amounting to around $4 trillion, to a wide range of business borrowers.
(Source: https://www.jpmorgan.com/country/US/en/research/cares-act)

Subtotal: $4 Trillion


Current Covid-19 Related Bailout Grand Total (As of May 20, 2020): $6 Trillion Dollars



Based on the accounting breakdown above, it is clear who benefited the most from the Covid-19 relief funds that the REAL tax paying Americans will have to pay pack to the US government and FED for the next 100 years or so.  Individual Americans, who are perhaps the most economically and financially distressed were barely earmarked 10% of the $6 Trillion Dollars printed up from thin air.   :shake:

Big Corporations (i.e., the ultrawealthy) had up to $4.5 Trillions Dollars they could borrow for themselves to protect their workers from layoffs OR prop-up their businesses' stock values on Wall Street, making themselves even more rich.  Seeing the recent performance of Wall Street, it becomes obvious what the big corporations did with the lion's share of the Covid-19 bailout money they grabbed.    :grrr:

Corporate Socialism at its best!   :wtf:

ren

Re: Socialism works...
« Reply #163 on: May 20, 2020, 01:22:19 PM »
The final accounting is not in; however, below is a working breakdown from all publicly available information sources in regards to the current $6 Trillion bailout (subject to change):


Cares Act 2020 (Source: https://www.npr.org/2020/03/26/821457551/whats-inside-the-senate-s-2-trillion-coronavirus-aid-package)
1. Individuals ($560 Billion)
2. Big Corporations ($500 Billion)
3. Small Businesses ($377 Billion)
4. State and Local Governments ($339.8 Billion)
5. Public Health ($153.5 Billion)
6. Education/Other ($43.7 Billion)
7. Safety Net ($26 Billion)

Subtotal: $2 Trillion


Additional Proviso
U.S. Treasury’s Exchange Stabilization Fund to the FED ($450 Billion) ~ $4 Trillion*
*  CARES Act also provides around $450 billion for the U.S. Treasury’s Exchange Stabilization Fund to use as loans, loan guarantees, and investments for the Federal Reserve to help distressed companies and industries. Leveraged up with funds from the Fed, the U.S. government is set to provide subsidized short-term credit, potentially amounting to around $4 trillion, to a wide range of business borrowers.
(Source: https://www.jpmorgan.com/country/US/en/research/cares-act)

Subtotal: $4 Trillion


Current Covid-19 Related Bailout Grand Total (As of May 20, 2020): $6 Trillion Dollars



Based on the accounting breakdown above, it is clear who benefited the most from the Covid-19 relief funds that the REAL tax paying Americans will have to pay pack to the US government and FED for the next 100 years or so.  Individual Americans, who are perhaps the most economically and financially distressed were barely earmarked 10% of the $6 Trillion Dollars printed up from thin air.   :shake:

Big Corporations (i.e., the ultrawealthy) had up to $4.5 Trillions Dollars they could borrow for themselves to protect their workers from layoffs OR prop-up their businesses' stock values on Wall Street, making themselves even more rich.  Seeing the recent performance of Wall Street, it becomes obvious what the big corporations did with the lion's share of the Covid-19 bailout money they grabbed.    :grrr:

Corporate Socialism at its best!   :wtf:

the details are in the body of that article and the attention getting image at the top is misleading / clickbait.

Did you receive a stimulus check too?
Deeds Not Words

Kuleana

Re: Socialism works...
« Reply #164 on: May 20, 2020, 01:30:37 PM »
the details are in the body of that article and the attention getting image at the top is misleading / clickbait.
It's not free money but loans that the Fed govt. provided. There are requirements attached to those loans which differentiated it from previous "bailouts".

Yes, they are loans; but do you really think the ultrawealthy, who did take all the money offered to them, will pay those loans back with THEIR profits.    :rofl:

I don't think you are that naïve to guess who will be stuck with that bill.




Did you receive a stimulus check?

Unfortunately, my household did not qualify for any Covid-19 related financial assistance.

No new toys for me.   :'(

Flapp_Jackson

Re: Socialism works...
« Reply #165 on: May 20, 2020, 01:48:30 PM »

Whatever...

Clever.  Got any more zingers?    :rofl:
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Flapp_Jackson

Re: Socialism works...
« Reply #166 on: May 20, 2020, 01:50:57 PM »
Yes, they are loans; but do you really think the ultrawealthy, who did take all the money offered to them, will pay those loans back with THEIR profits.    :rofl:

I don't think you are that naïve to guess who will be stuck with that bill.




Unfortunately, my household did not qualify for any Covid-19 related financial assistance.

No new toys for me.   :'(

"Unfortunately?"

You think it's unfortunate that you are not in dire financial straits and need government handouts?

I would describe that as "fortunately".

You bitch about the gov't going into debt for the stimulus money, then bitch again because you don't get any.

Character and integrity aren't part of this story ...
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Kuleana

Re: Socialism works...
« Reply #167 on: May 20, 2020, 01:54:02 PM »
"Unfortunately?"

You think it's unfortunate that you are not in dire financial straits and need government handouts?

I would describe that as "fortunately".


Relax; lighten up; don't get excited.

I was just trying tone down the seriousness of the recent posts with some humor.

Flapp_Jackson

Re: Socialism works...
« Reply #168 on: May 20, 2020, 04:14:34 PM »

Relax; lighten up; don't get excited.

I was just trying tone down the seriousness of the recent posts with some humor.

Nice try at deflection.

Maybe you should take your own advice before making your posts.  Your hyperbolic BS might be less repetitive if you took a few deep breaths first.   :geekdanc:
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

aieahound

Re: Socialism works...
« Reply #169 on: May 20, 2020, 05:00:29 PM »
Nice try at deflection.

Maybe you should take your own advice before making your posts.  Your hyperbolic BS might be less repetitive if you took a few deep breaths first.   :geekdanc:

"Unfortunately?"

You think it's unfortunate that you are not in dire financial straits and need government handouts?

I would describe that as "fortunately".

You bitch about the gov't going into debt for the stimulus money, then bitch again because you don't get any.

Character and integrity aren't part of this story ...
Clever.  Got any more zingers?    :rofl:

Snowflapp/Mauidog/DarmokatSalad/Moosed
Stop with the trolling.
Not one of those posts has to do with this topic or discussion.  ( maybe the second but that’s a stretch)
We had a good discussion going until you turned it into a 6th grade insult shout out.

Yeah, I  can hear it now, “Calling me a troll, you’re the troll......”
Yeah, Whatever...(like that clever zinger?) ( OK, that was trolling :D)
Hopefully, on this forum, ideas can be discussed without insult to differing ideas.

P.S.
He has me on blocked.  ;)

 :stopjack:
« Last Edit: May 20, 2020, 05:12:36 PM by aieahound »

Flapp_Jackson

Re: Socialism works...
« Reply #170 on: May 20, 2020, 05:17:31 PM »
Snowflapp/Mauidog/DarmokatSalad/Moosed
Stop with the trolling.
Not one of those posts has to do with this topic or discussion.  ( maybe the second but that’s a stretch)
We had a good discussion going until you turned it into a 6th grade insult shout out.

Yeah, I  can hear it now, “Calling me a troll, you’re the troll......”
Yeah, Whatever...(like that clever zinger?) ( OK, that was trolling :D)
Hopefully, on this forum, ideas can be discussed without insult to differing ideas.

P.S.
He has me on blocked.  ;)

 :stopjack:

Crawl back in your hole, AssHole.  You're way out of your league.

Trying to pile on, as usual, since you can't take me on by yourself.

 :sleeping: :sleeping: :sleeping: :sleeping: :sleeping:

« Last Edit: May 20, 2020, 05:31:10 PM by Flapp_Jackson »
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

Kuleana

Re: Socialism works...
« Reply #171 on: May 20, 2020, 06:26:27 PM »
Snowflapp/Mauidog/DarmokatSalad/Moosed
Stop with the trolling.
Not one of those posts has to do with this topic or discussion.  ( maybe the second but that’s a stretch)
We had a good discussion going until you turned it into a 6th grade insult shout out.

Yeah, I  can hear it now, “Calling me a troll, you’re the troll......”
Yeah, Whatever...(like that clever zinger?) ( OK, that was trolling :D)
Hopefully, on this forum, ideas can be discussed without insult to differing ideas.

P.S.
He has me on blocked.  ;)

 :stopjack:

Aloha Hound,

As you know, my forum nemesis just loves to provide his unique insight on things.  On many occasions, I will admit that he does have a lot of interesting and insightful things to say.  On other days, he is relentless with his personal attacks and hate harangues.  I often wonder what motivates him to display such bi-polar forum behavior.

In any case, he still is a very interesting forum member that everyone loves to hate.  Moreover, similar in your case, I have often been the target of many childish and immature personal attacks, which everyone else already knows, once someone resorts to personal attacks, they lost.

Wishing you all the best.   :shaka:

Kuleana


 :stopjack:

aieahound

Re: Socialism works...
« Reply #172 on: May 20, 2020, 06:32:39 PM »
Well said Kuleana.
I think I’m more blocked than any other member.
But I also personally know/have met a ton of members.
All cool guys.  :shaka:

Crawl back in your hole, AssHole.  You're way out of your league.

Trying to pile on, as usual, since you can't take me on by yourself.

 :sleeping: :sleeping: :sleeping: :sleeping: :sleeping:

HaHaHaHa!
Exactly the response I expected.  :geekdanc:
No intellectual content whatsoever.
Snowflapp/Mauidog/DarmokatSalad/Moosed is good at google. Not sure he forms original thoughts.
(Dammit. Thought I was blocked though. Sorry folks. Won’t reply off topic again.  :thumbsup:)
« Last Edit: May 20, 2020, 06:39:59 PM by aieahound »

Flapp_Jackson

Re: Socialism works...
« Reply #173 on: May 20, 2020, 07:06:37 PM »
Aloha Hound,

As you know, my forum nemesis just loves to provide his unique insight on things.  On many occasions, I will admit that he does have a lot of interesting and insightful things to say.  On other days, he is relentless with his personal attacks and hate harangues.  I often wonder what motivates him to display such bi-polar forum behavior.

In any case, he still is a very interesting forum member that everyone loves to hate.  Moreover, similar in your case, I have often been the target of many childish and immature personal attacks, which everyone else already knows, once someone resorts to personal attacks, they lost.

Wishing you all the best.   :shaka:

Kuleana


 :stopjack:

More often than not, it's reading the same hyperbolic BS nonsense day after day in thread after thread.

Imperialistic
war-mongering
military funding
illegal annexation
Hawaiian Kingdom (which doesn't exist, I might add -- unless there's an underground gov't here -- and I don't think it's possible given the ainokea attitudes)

When every thread you participate in devolves into another regurgitation of the same opinions, I do have to respond, often in ways that are meant to do one thing:

counteract the stress I feel from seeing a never-ending disparagement of anything US-related based solely on hated and vitriolic insanity.

You accuse me and others of hatred and attacks.  Please, go find a mirror and do some introspective reflection on what your words would be characterized as.
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

ren

Re: Socialism works...
« Reply #174 on: May 20, 2020, 07:37:33 PM »
mods plz lock my thread.
Deeds Not Words

Flapp_Jackson

Re: Socialism works...
« Reply #175 on: May 20, 2020, 07:42:11 PM »
mods plz lock my thread.

Seems like SOP whenever AH trolls me.

I hope he's proud of himself.
« Last Edit: May 20, 2020, 07:50:09 PM by Flapp_Jackson »
The reasonable man adapts himself to the world;
the unreasonable one persists in trying to adapt the world to himself.
Therefore, all progress depends on the unreasonable man.
-- George Bernard Shaw

ren

Re: Socialism works...
« Reply #176 on: May 20, 2020, 08:08:03 PM »
I've met some people in person. Some are nice some aren't. Let's just say I'm not looking forward to meeting anyone else on 2A unless buying or selling. I'll stick to my little eco system of shooting.
Deeds Not Words

Kuleana

Re: Socialism works...
« Reply #177 on: May 20, 2020, 08:15:36 PM »
More often than not, it's reading the same hyperbolic BS nonsense day after day in thread after thread.

Imperialistic
war-mongering

Those are adjectives that accurately represent the American empire.




military funding

That is something many Americans are starting to recognize how over bloated and cost ineffective it is since the start of the Covid-19 pandemic.




illegal annexation
Hawaiian Kingdom (which doesn't exist, I might add -- unless there's an underground gov't here -- and I don't think it's possible given the ainokea attitudes)

The illegal annexation and continued existence of the Hawaiian Kingdom is something I have provided numerous amounts of evidence in many different threads.  If you choose to still deny the facts, that is your opinion to do so.

aieahound

Re: Socialism works...
« Reply #178 on: May 20, 2020, 08:21:35 PM »
I've met some people in person. Some are nice some aren't. Let's just say I'm not looking forward to meeting anyone else on 2A unless buying or selling. I'll stick to my little eco system of shooting.

Was nice meeting you.
Hope I was nice.
Even though my grill had some assembly required.  :oops:
At least I brought tools.  :D

I’ve met a lot of members through buying and selling.
And through past days get togethers.
« Last Edit: May 20, 2020, 08:53:12 PM by aieahound »

Kuleana

Re: Socialism works...
« Reply #179 on: May 20, 2020, 08:23:20 PM »
When every thread you participate in devolves into another regurgitation of the same opinions, I do have to respond, often in ways that are meant to do one thing:

counteract the stress I feel from seeing a never-ending disparagement of anything US-related based solely on hated and vitriolic insanity.

Very wrong.

I have always been an admirer of the American Republic that was created by the US Constitution and Bill of Rights back in the late 18th century.

I make no apologies of my disdain for the ongoing foreign aggression and slow repealing of domestic personal liberties of the long since dead American Republic, now the current American empire.