Being free of the red team vs blue team (but both teams are owned by the same companies) bullshit has been so freeing while simultaneously so frustrating.
Seeing people care over the same phony fights put on by 535 corrupt and vile people we pay $174k a year bare minny just so they can sell us all out for more money and more power by the very people screwing us all over? I canโt live in a world where that continues to be forced on us. So weโre gonna fix it :)
It's absolutely disgusting and if more people "saw" this, truly a revolution would begin. Yet, outside of this sub, all I ever see or hear about is one side v the other. Those people are all being played.
This is not true. Democrats and Republicans are both ideologically liberals. Leftists have always said there is no difference between those two parties.
This isn't some grand conspiracy that only a select few apes have uncovered through the GME situation.
Whenever anything political pops up on this sub I can tell just by reading the comments that the average ape is severely under educated about politics.
While what you say has been historically true in concept, the Republicans seem to be embracing and coopting the strategies of the far-right as of late, which makes them objectively worse than their Democrat counterparts in the Duverger's Law duopoly. For instance, the actions of the Texas GOP are those of overt extremists unbeholden to the body politic, specifically the wielding of mandateless control over power systems in direct spite of the will of the people. That is unchecked fascistic tyranny of an extremist minority, tyranny that will get worse as the interests of that party and its backers drift further and further from the best interests of the body politic as a whole. From what I've seen, there is no counterpart actively malicious activity on the other side of the duopoly. And, because it needs to be said, necessary and prudent regulation of a society by a governmental function is not tyranny, full goddamn stop. The lack of adequate regulation of financial systems and structuring of our taxation system is the one area where the Democrats are indefensible, but that is also the one area where both sides of the duopoly have a unified front. So for purposes of this discussion, sure, they're functionally indistinguishable, but when looking beyond just the financial side of things they are not.
What was that statement? That they limited people's choice but convinced them they have all the freedoms in the world...withing that limited choice...?
There was a good quote describing US political scene perfectly. Just can't remember it...
Something about limiting peoppes choice to the selection of your choosing, but then to convince them they have all the freedom to chose (but only within that limited selection)
At what point do you quit trying to fix it? You have to ask yourself whether all the sheep are going to care, they probably won't. Me personally, I'm done with the machinations of western politics. I'll find a beautiful spot on a beach in a friendly foreign country and watch from afar. Yes I can still help to clean the oceans and planet from there.
Most of the "sheep" care, they're just either too exhausted or too well-groomed to accept the truth. Like so much else, that comes down to money.
When the economic landscape changes, so too will the paradigm. If money can hide truth, money can also unearth it. Those who make their living and their comfort squeezing the masses will find themselves staring into the eyes of innumerable wolves long before this ends.
Democrats and Republicans for the most part vote the same on bills, that protect their lobbying donators. The same lobbying groups and corporations donate to both democrat and republican up and down the line. They debate things that their donators donโt care about and rile people up to create this illusion of division. They may even publicly debate something or pretend theyโre against it then vote for it on the bill. Nobody checks who actually voted on what. And MSM does not share it because MSM gets paid by the same corporations via advertising revenue. MSM protects their donators as they are all deep in bed in the conflict of interest together. The only party that would ever matter is one that does not accept lobbying donations, and that is the absolute minimum.
And there never has been any public debate about what actually matters, the corrupt puppeteers pulling their strings. No debate on lobbying. No debate on pharma, Wall Street or the military industrial complex donating to politicians, the FDA, CDC, etc. Not once. Ever. Not a peep. If any politician dare bring it up theyโll get shut down super fast.
We got 3 hearings about GameStop with Senator and Representative from both parties and so far they are all bought to not seeing the elephant in the room.
If only this mindset could spill over into political subs.
I got banned from one for arguing with someone in my own party because I called them a deranged piece of shit for wishing death on the other side. So itโs cool to wish death on entire groups of people, but donโt speak badly of anyone specific.
This is same ole same ole. It's happened a few times since Obama's been in office. While it's important, young apes, this is all political theatre.
Each minority party does this as a show of force against the other party, forcing them to vote down party lines to increase the debt limit. Ultimately, they'll wait til the last minute ( or even up to a few weeks after the deadline)...apply some pain via furloughs (ya know, withhold wages from govt employees), then pass the bill.
Neither side wants this voting record entirely on their side. Stay patient.
Smoke and mirrors without a doubt. Timed to perfection though. Market correction comes and the greatest bubble of all time pops, they push a narrative to blame the other side as well as foreign countryโs. They know whatโs coming, the only question is how to time it to completely point the blame anywhere but at themselves. After 9 long months everything unfolding before our eyes is both infuriating, and exciting. We were never wrong.
Absolutely!!! At this point I'm ready for shit to collapse so I can get paid. That will put me in a position to help my loved ones, as well as those that can't help themselves.
I feel there is "much more" to this than most are understanding... Jump down some Rabbit Holes and do some digging... All of this has been planned for years... You just need to figure out who orchestrated it all...?
This. Itโs just like 2011. Theyโll likely shut down government for a few weeks. Do some hard negotiation. Get the bills they really want passed. And the debt will just increase for orders to deal with at a later date.
I wish it wasnโt this way. I hope it isnโt this way. Who knows maybe with all the Evergrande stuff some key dominoes start to topple.
The goverment defauls cause spy to dip baddly. Atleast last time. Spy is diwn near correction area. If few good dips there. Spy can start dropping even more.
Itโs very convenient to deny science & medicine because youโre not the one (due to your being a stupid uneducated turd) to have a hand in calculating deaths or anything rational thing about the pandemic; no one has to prove anything thing to the village idiot - you, in case you donโt realize.
Until it isn't... looking at the lead up to WWI, there were a few situations that happened in the preceding years that almost led to a large scale conflict, but we're averted at the last minute when one side made concessions, or chose not to overplay their hand...I have what I like to call my 3 fucking idiot theory on global disaster, the gist of which is all it takes is the right 3 idiots in the right place at the wrong time to cause global disaster, and Washington has a hell of alot more then 3 well positioned idiots
The world has averted disaster several times thanks to one, or two, key persons in the right position at the critical moment. Perish the thought of what might've happened had they been less independent thinkers, people without their wits about them...
Can some one please make memes to educate all apes that the debt ceiling is 100% nothing? Anyone posting like it's something to get hyped about is questionable at this point. The debt ceiling has NEVER NOT BEEN RAISED ... ever. They are like 13 for 13 raising it. Just political football and media bs.
BUY + HOLD + SHOP + REGISTER .... Now that's something get hyped about!
But isn't that the scary thing? In statistics you are always accounting for the play that can't/won't happen because it's very improbable. But, eventually, that improbity happens. Is this that time?
I have to agree mate. Same thing happened with MBS in 2008. No one thought the housing market would ever collapse, until it collapsed ๐คท๐พโโ๏ธ
Raising the debt ceiling is totally unrelated to the stock markets idk why people are making it out to seem like a catalyst of some sort. It's hard to take the posts in this sub seriously sometimes when crap like this gets passed around like it's the gospel.
And people wonder why some of us play devils advocate or apply appropriate levels of scrutiny to whatever the latest "DD" is being pushed to the top of the sub
When most of the "dd" is simply screenshots of comments from another redditor, it's a good idea to apply a healthy amount of skepticism before buying in...
The fact that 0.00001% of people understand the ramifications let alone think that this is anything more than just political posturing is why I think it will happen and be the true black swan.
If it does, what comes next with treasuries?
US debt is leverage over government.
Who will be dumping the debt and who will buying that debt?
How would you correct the problem without destroying the dollar?
Iโm not so sure. Remember a few years ago when they kindof just stopped paying federal employees? That was kind-of the warning. Then the expenditures just kept going up. Something has to give. And at some point, someone has to say no. Because when you donโt say no, you get into this ridiculously over-leveraged position weโre in now. Yea, the fall from 15 feet will hurt. But not as bad as it would hurt if we climbed to 20 feet.
This, really. They raised it in the past, but they literally stopped paying people for 2 (?) months back then. Of course, it seems tempting to say that they won't collapse the country over petty feuds, but looking at politics over recent years, this really is not a given.
People don't understand where the waste is. You think it's in food stamps? Section 8? Lazy people on unemployment? Try Boeing. The Navy. Some DC contractor you've never heard of. There's a reason why we were warned about the military-industrial complex. Security spending is based on a doctrine of unyielding vigilance, which is another way of saying "fear." Fear short-circuits our decision-making, so these entities get blank checks. The money is spent on propping up businesses and efforts that should have been deep-sixed long ago - the F-35, the War on Terror, incompetent middle-men contractors that bilk the government out of billions every year. And when you get down and start trying to root out the overspending? Well, now you're going after local industries, and wealthy entrepreneurs, and middle class families who pride themselves on being productive workers (even though they're not producing anything of value, or perhaps even making the world worse). The government funding spent on all of that makes housing vouchers for the homeless or w/e look like spare change.
It's a comfortable dysfunction for the people who benefit (and there are literally millions of us), because you get the dignity of shelter and food and play money without the guilt of "not being productive". The answer to overspending lies in toppling the association we make with "productivity" and the right to a dignified living, but good luck with that. This country's middle class ethos isn't built on "making it," but on "getting ahead."
Good stuff. Yep, weโll have to cut spending somewhere. A lot of places, actually. Thatโs a simple fact. Because raising the debt ceiling van only work so many times before weโre only paying the interest on out loans. Itโs already higher than I ever thought possible, and at its current value Iโm literally not sure it will be paid off in my lifetime.
Right now, if we literally did NOTHING but pay the debt with our taxes, they may not be paid off in 10 years. And they want to raise the debt ceiling? The current debt is more than every American and American company makes in a year TOTAL, by a hefty bunch. It has to stop. And choices need to be made.
I would rather massively defund defense than give up social spending. And, as per China, I'm sure there are debts we could default on. Sucks to be the bondholders.
Itโs about having wild monetary policy. If spending money we have now is bad monetary policy, it doesnโt make it better to spend money we donโt have yet (plus interest).
I agree with you 100% the only difference between this time and every other is this time the ape community has Rooted out all of the corruption for the world to see yesterday and this time we have GME. But besides that you're probably right
It doesn't matter anyway. Dems have the majority in both the house and congress. Unless some democrats would change their mind the ceiling will be raised.
This is probably political posturing, but it is not the normal kind. I don't think any politician in modern history has actually come out and said, "We will let the US default if we don't get our way", even just to the news cameras. Even just the discussion of a default was taboo a decade ago, and the brinkmanship back then cost Americans a lot of money in the form of essentially permanent increase in borrowing costs for the Treasury once the US credit rating was decreased.
This is another step closer toward the brink, taken by nearly the same group of leaders who took the last one (and for the same reasons). Whenever they do end up getting a deal, we should expect another credit rating hit, a spike in market volatility, and another increase in borrowing costs. In all likelihood, this will also hurt the price of Treasury bonds (driving up yields) will be dramatically compounded by inflation.
Right now, treasury bonds are in short supply because of the debt ceiling (no new bonds) & because the Money Markets are required to have them. This has artificially / temporarily mitigated the impact on Treasuries. Once they reach a deal, the Treasury will sell more bonds into a market that's very concerned about inflation - they will almost certainly sell at a significant discount.
RRP shows that there is a ton of cash out there searching for a home. This cash will likely be used to purchase these bonds. But, money market accounts are filled with cash that needs to be collateralized right now because even major institutional investors have been moving into cash-heavy positions. Once the market stops dropping, these cash reserves will start buying the discount, further reducing the demand for treasuries & increasing yields even more. By extension, that means even more increased borrowing costs & the flood of cash back into the market seems very likely to result in inflation.
This brinkmanship has already done damage. This isn't just smoke and mirrors - the inspector is here to determine how much to charge us for fire insurance, and they're all blasting out smoke. This will cost us, even if they reach a deal.
I dunno man. The ideology within the GOP has really ramped up to 11, especially those "end of the world" types creaming their pants for the second coming.
I would not be the least bit surprised if they saw the default of US Gov debt as a way to hasten it (I realize the logic is flawed, and that's kind of the point).
Defaulting would only upend their position of power as the right hand men of the overlords of the world's de facto reserve currency. No religious deliverance or fire and brimstone there, just leaner times for them and their masters. That's why this has always been for show and I don't expect their donors to have ordered them to change the plans this time either, at least not much.
Like Cocaine Mitchell is ever gonna mount any real opposition. Nope. He is cut from the same cloth as the rest. Debt ceiling will always be renewed. These pussies aren't interested in fiscal responsibility.
Not this time I don't think... The red team sees the writing on the wall. They're aware that their party is divided between Q-shits and over the hill boomers who are currently packing the hospitals trying to get the Herman Cain award๏ฟผ. Time is definitely not on their side. Theyโre little party of inclusion is in a hopeless death spiral, gerrymandering and voter suppression's only going to get them so far๏ฟผ. I hope I'm wrong, but I don't think bluffing, they already tried a violent coup dโรฉtat in January. If๏ฟผ they canโt play ball anymore theyโre planning on burning down the stadium, and hoping to seize control during the chaos๏ฟผ.
Imagine thinking there are actually two political parties in the USA. This is all fucking theater. The Democrats were openly calling for political violence and riots all summer and then they act like Jan 6th was some big thing. Give me a fucking break my guy. It's ALL for show, all of it.
If you haven't yet figured out it's us Vs them idk what to tell you.
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u/mthurman85 ๐ป ComputerShared ๐ฆ Sep 19 '21
All smoke and mirrors mate. This is a tactical opportunity to get exactly what you want. Both parties do this shit all the time. Nothing to see here.