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Donald Trump 2024: Why it will be harder for him to run this time
Walker88 replied to Scott's topic in World News
There has been some work done in that regard. I will try to find it. The IQ difference is astonishing. They really are mouth breathers. The difference in wealth and productivity is almost as astonishing. I've written this before, but 45 won 85% of all Counties in the US in 2016, while Hillary won only 15%. Still the Counties Hillary won represent 62% of US GDP, while 45's are a mere 38%. Do the math and the non-45 Counties are 9.25 times more productive. if the US was just the areas 45 wins, the US economy would make Venezuela look like an economic juggernaut. This should not be surprising, as 45 has as his base the weirdest elements of US society...QAnon, Incels,Talibangicals, white nationalists....hardly the cream. -
It's so funny. Low Energy 45 thinks that if he declares himself a candidate, he cannot be prosecuted for the crimes he committed. If only Jeffrey Dahmer had thought of that!
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The bureau had every right to search his house. Given what they knew from informants, it would have been dereliction of duty had they not done it. In fact, after they realized he lied to the bureau earlier in the year, they should have search immediately He stole TS/SCI, HCS and Codeword documents. Mere possession outside of a SCIF is a felony. Not sure why some people are so slow to realize this: he STOLE the documents, and he jeopardized national security. There is no excuse for stealing them, and he compounded the crime by lying about it. I'm assuming your ignorance is a function of not being a US person and failing to understand the issue or read about it. Instead, you gain your opinion from false sources, and thus remain ignorant of reality. Also, you probably have no clue what the classification headings mean. For example, HCS is for Human Clandestine Sources, which means assets of the CIA. That is appalling. Clandestine assets put their lives and the lives of their families on the line by cooperating with US, UK, French, etc. intel. Their recruiters and handlers are expected to give up their own lives rather than betray an asset, yet 45 cavalierly kept identities of assets in his club. Not only does that endanger existing assets, but it discourages potential assets from cooperating with intel, since when an irresponsible and criminal POTUS can cause their identity to be revealed, they refrain from cooperation. No big deal, you might try to argue. We'll, perhaps an asset is a penetration of a terrorist organization, and because of the idiocy and recklessness of 45, an attack is not prevented. Even when he was still POTUS, 45 had no reason to know any asset's identity. He could be charged with 'conspiracy to commit espionage', a capital offense. If convicted, he could---and should---be executed..
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His new slogan "Make America Great and Glorious Again", or MAGAGA, is rather appropriate, as it sounds like something between baby talk and vomiting.
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Perhaps you missed it. 45 took over a growing economy and unemployment at 4.8%, with a total National Debt of $19.3 trillion He left office with a Recession, unemployment at 6.8%, and National Debt of $27.3 trillion. He had the lowest growth of any POTUS since Hoover, and jobs created under his watch (he lost jobs) were dwarfed by the creation under both Obama and Biden. History will likely judge him as the worst POTUS in history. I doubt he will even be the repub's nominee. He's a proven loser. Oh....one small thing...he tried to overthrow US democracy when he lost the 2020 election. That stands far and away the worst crime---a capital crime, by the way---ever committed by a POTUS. He will be indicted, tried, and if found guilty the crime carries capital punishment. If guilty, fry him.
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"If the GOP wins, I should get all the credit, and if GOP loses, I don't deserve any of the blame".---45, on NewsNation Such is the way 45 thinks. 45 also threatened to pull an endorsement from repub gubernatorial candidate Lombardo in NV because Lombardo did not call 45 a "great" Potus. What a <deleted> child! 45 supported lake, and she sunk. Another loser. Well, the GOP lost the Senate, will barely retake the House, the majority of 45's endorsed goobers lost...at the Gov, Senate and StateSecofSTate level. In the last 2 elections, 45 has a dismal record, losing the House once, Senate twice, and of course the White House in 45's failed reelection bid. Democracy won in 2022. Fascism and election denial lost. 45 is spent. He's a loser whose schtick only still resonates with fellow losers and the intellectually barren. Now the DoJ will do its job, indict him for Sedition for 6 Jan, indict him for Conspiracy to Commit Espionage for his theft of TS/SCI, HCS and Codeword docs, and put the loser on trial. 45 should have stayed a schlocky Game Show host. It was the only 'business' venture he ever did that succeeded.
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Perhaps you've been sequestered on a tropical isle like Tom Hanks in that movie. Just in case, I'll provide one example. 45 planned and fomented an attempt to overturn the results of the 2020 election. He told his goobers to come to DC on the 6th of Jan 2021 "it will be wild", he tweeted), then incited them to move on the Capitol. It wasn't to buy souvenirs at the Capitol gift shop. He then sat idle for 187 minutes watching the insurrection by his terrorist mob on TV, doing absolutely nothing to stop it. He heard the chants of "Hang Mike Pence", yet he made no calls to get National Guard or law enforcement to stop the attempted coup. That is an example of an authoritarian move by 45. It also falls under the definition of Sedition, a capital offense. He should be indicted, tried, and if found guilty, executed according to the law. No half mast flags when he's executed, and no burial at Arlington where real patriots rest.
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I just bought $200,000 of Bitcoin
Walker88 replied to Pravda's topic in Jobs, Economy, Banking, Business, Investments
Two points...call me cynical, but I see this ramp in btc today from 15.7 to 17.1 and cannot help but think Michael Saylor or some other over-levered long is doing a Nick Leeson impersonation. Time will tell, but the trading pattern is identical to how Leeson pushed up Nikkei futures and ended up imploding Barings. There was enough selling that anyone who really wanted to load on on btc could have just stayed best bid and caught all the selling, rather than play Pacman and paint the tape. If it smells like desperation and looks like desperation..... Second point....people are equating Blockchain with btc. Blaockchain is a possible useful technology upon which btc sits. An analogy might be the internet and Pets.com. The internet or world wide web is a useful technology upon which Pets.com sat. That the internet/www has value does not mean Pets.com had value. -
I just bought $200,000 of Bitcoin
Walker88 replied to Pravda's topic in Jobs, Economy, Banking, Business, Investments
A year ago the coin Solana, once a darling of the cryptosphere, was trading at $259.96. As I write this it is trading at $12.83, a loss of 95% in a year. Solana is down 65% in one week. And some folks bark about the USD losing a similar amount of value in 100 years. Winner: Fiat. (Also because nobody gets paid in 1922 wages) But hey, Solana owners, if you bought at $.01, you're still waaaaaay ahead. Is it starting to sink in that entities based solely on confidence need confidence to be maintained? When value is 100% dependent on the Greater Fool, a large supply of Greater Fools is desperately needed. As Mr. T might have said about Solana, "Pity the Fool!" Yes, all fiat will eventually die, though there are currently 180 fairly stable versions in good working order, readily accepted in the land of the sovereign who issued them. Plus, one has to guesstimate the life horizon of the means of exchange one uses vs the expected life span of the user. If you're a Mayfly who lives but a single day, crypto might work for you (though some cryptos tumble double digit % in a single day), but if you expect to live longer, perhaps fiat is the right thing. And we can all take some Solana...solace in the fact that economic juggernaut El Salvador uses btc as its currency. If someone is going to argue that since El Salvador adopted btc its inflation is running upwards of 400% (in btc terms), well, they're just to old to understand the beauty of the crypto future. -
While there are some silly people out there, racism against whites isn't off the charts. Too many mediocre white guys liked the world better when opportunities for women or minorities were unavailable or severely limited. That made it easier for mediocre white guys to compete. A real man welcomes all competition. That's the only way one can test one's true level of skill and talent. It's also the only way---competing against everyone---where a man or any other person can take genuine satisfaction in one's accomplishment. There are some pockets of racism in the world today, but often they have as a target a non-white. Think of all the young people turned down by Harvard because---despite having great grades, test scores, activities, etc.---they're Asian. That bastion of liberalism on the West Coast---Berkeley---does the same thing: quota limits on Asians. Seems....unfair. At the other end, the time has come to accept all on merit. At my grad school (Stanford Business), the admissions staff did not know anyone's race, unless there were obvious clues (though I think they even blocked names that suggested ethnicity). Every one of us in the class knew every person in the school---no matter their color---earned admission. The only exception might have been a few students who were children of billionaires.....good for the endowment.
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I just bought $200,000 of Bitcoin
Walker88 replied to Pravda's topic in Jobs, Economy, Banking, Business, Investments
"It's not a Ponzi; it's the future" I would say the jury is still out. In the wake of the FTX debacle, Binance released a snapshot of its holdings. It might look perfectly reasonable to those sniffing the crypto vapors, but to people with any actual experience in finance, it makes one gasp. Of Binance's $74.7 billion BS, here's a bit of what they have: $23 billion in BUSD, a coin issued by......Binance $6.4 billion in Binancecoin, a coin issued by......Binance $7.8 billion in btc $7.3 billion in eth Seeing that, I got to thinking. I'm pretty wealthy, but sadly, not a billionaire (in USD). Then I thought, why set so low of a goal? A mere billionaire? There's thousands of billionaires in the world, so it isn't as rare as one might think. But...who wants to be a TRILLIONAIRE! So I set up a company called WKX, then I developed a fast working algorithm and mined 100,000,000,000,000 Walkcoins. Then I created a trading subsidiary I called Alimeda Research (Alameda Research, a sub of SBF's FTX, is in Chapter 11 and already taken). Alimeda Research bought one Walkcoin for $1. Redoing WKX balance sheet, I have on the asset side $99,999,999,999,999 in Walkcoins, and a similar amount in shareholder equity. In an instant I am the richest man who ever lived, making even Croesus jealous. I need a little wider distribution, so I created another subsidiary Walk Exchange, where Walkcoin and other coins can be traded. Customers may also store their crypto coins there and earn a fee, as Walk Exchange will loan coins out. Since I have spare capital, another subsidiary---WalkPro---buys some ad time in the Superbowl and World Cup. I hire a few celebs, like Matt Damon and Tom Brady to appear in the ads, and I offer them options on Walkcoins as payment for services rendered. There are 8 billion people in the world. I really only need to find one person who sees a potential rocket ship to the moon (in Walkcoin) and fears the train is leaving the station, so wants to get on board. On Walk Exchange I put an offer on the screen of a Walkcoin at $2. Am 'early adopter' lifts my offer. Walkcoin is now valued at $2, meaning my balance sheet now has $199,999,999,999,996 of assets. On Walk Exchange I now see a bid come in at $1.50. I decide to put in an offer, albeit at $3. Another of the Earth's 8 billion humans, anxious to board that potential rocketship to the moon, lifts my offer at $3. I have to revalue my balance sheet yet again. I now have a net worth higher than 5 times the GDP of the planet. I put in some more offers on Walk Exchange...some at $3.50, a few at $4 and a few at a gap price of $6. Walk Exchange then goes to a bank and borrows just a little....maybe $1000...and I pledge some btc and eth crypto holders have stored at Walk Exchange. I then loan that money to Alimeda Research, the trading arm, and it enters the market and lifts all of my offers all the way to $6. WKX places a few more offers at $10 and $12. Alimeda Research enters the market again and lifts those offers. Walkcoin last trade is now $12. It's meteoric rise captures the attention of a 'savvy' Wall Street Gurus like Cathie Woods or Kevin O'Leary. They want some of that Walkcoin. I offer a few thousand coins at $15, at $17 and at $20. The gurus snap all of them up and then issue some recommendations. O'Leary trumpets Walkcoin on CNBC. Retail takes notice. Lots of retail bids come into Walk Exchange looking for that new can't miss coin, Walkcoin. I can unload 10-20000 Walkcoins at prices up to $25. I've now got plenty of cash plus 90-something trillion Walkcoins on the WKX balance sheet. Folks want to know who is this Walker88 behind WKX. Well, he's got a BS from Harvard and an MBA from Stanford, so he's obviously a wunderkind, just like that MIT guy Sam Bankman-Fried. Heck Walker88 even turned down Harvard Biz and Wharton, choosing Stanford instead. Turbo wunderkind ! I go fallow temporarily. A couple of retail holders get antsy and try to liquidate. I ignore them. I put a bid in at $17. The market is a little thin, with a $17 bid and $25 offer. My Alimeda Research hits the bid. Some holders are spooked. Is Walkcoin over? Not so fast, oh ye of little faith. WKX, flush with cash from selling a few thousand Walkcoins, lifts the offer at $25, as well as next best offer at $27. Walkcoin has recovered. Looks like the next leg up is happening. Rinse and repeat. I look at where 'chartreaders; think key price points are. I make sure to satisfy the chart prognostications. WKX places lots of Walkcoins on offer at prices up to $50. Some of the offers get lifted. Most get lifted by Alimeda Research, but some get lifted by retail. Walkcoin last trade is $50. WKX is now worth just short of $50 quadrillion. See how this works? There is absolutely nothing behind Walkcoin but air and hype. Even GAAP allows me to value my balance sheet at around $50 quadrillion. Binance says their BS is $74.7 billion and most all of what they have is coins they created themselves and bought via subsidiaries to set a market price. Someone might argue this is no different from Elon Musk having a net worth of $200 billion, as he did at Tesla's peak, even though as a large shareholder he could not possibly realize his shares at last market price. It's not the same, however, because Tesla has actual assets. It has factories. It has inventory in raw materials, that have value even if not made into a car. Tesla has an actual product. Binance, with a large portion of its balance sheet in coins it conjured itself, is a far cry from Tesla. It is highly unlikely it could realize $30 billion for its BUSD and Binancecoin on its balance sheet, but that is the price they carry them at. My hypothetical, 'reduce to the ridiculous' example here is pretty much the case history of FTX and Sam Bankman-Fried. When reality hit, his $26 billion fortune collapsed to $0 in less than a week. Maybe he squirreled some money away, but FTX=$0. Binance may or may not be the next 'exchange' to go. Eventually more people will see how this entire crypto scheme was created. Coins were conjured, theoretically finite, but when they became 'loanable' they became part of a Daisy Chain Tautology whose value was based on a belief in its value, but with absolutely nothing behind it except flash, smoke and mirrors, marketing, hype and the proverbial Greater Fool. This is a common scenario. A company is established. It creates a coin. It sets up a trading subsidiary. It sets up an exchange. These work together to manipulate coin value. FTX has hundreds of subsidiaries, so it made it look as if it had wide appeal. Also, since it was in an unregulated industry, there was no legal requirement to segregate customer coins held in storage on its exchange. SBF was free to use customer coins as collateral for borrowing dollars, which he used to buy his own coin FTT. Binance has seemingly done the same thing. Coinbase has disclosures that say in the event of bankruptcy, customers storing assets there would not be able to get them until the bankruptcy courts are done, which would be years. What could possibly go wrong? -
I just bought $200,000 of Bitcoin
Walker88 replied to Pravda's topic in Jobs, Economy, Banking, Business, Investments
Some people fall back on the amateur excuses; One is: "You haven't lost if you haven't sold" (which is relevant ONLY to the amateur and the tax man; the market is under no obligation to ever go back to where they bought) Another is: "But I'm still ahead" (which is silly, because even if they bought at 1 penny, at current prices they have left roughly $52000 per coin on the table, or 225% more than it's now worth) Let it be. That is how amateurs salve their wounds. Any professional trader who tries to salve his ego by saying "I'm still ahead", when he's left on the table upwards of $52000, would be sent packing in an instant. That's a pure amateur rationalization. Besides, this crash is different, because it has exposed the entire fraud that was suggested (or readily apparent) to traders for a long time: Large holders both ramped, and now try to support, their own position. There's no new money helping them anymore, because the buzz is gone and retail has been burnt enough. Large holders like SBF, Three Arrows, Celsius and Saylor had had to rely on debt, and often from loans from an 'exchange' they created. They've doubled the danger by pledging their coins as collateral (to themselves or their own exchange or company or a foolish bank). As each exchange collapses, the collateral backing the loans tumbles, as it's forced liquidation. The list of zero'd out coins and bankrupt exchanges increases by the day, and there is no sign of let up. Binance, who was going to buy FTX, quickly realized FTX had done what Binance itself has done, which is loan to itself to buy coins, which they pledge as collateral for more loans. Odds are there are many more failures to come. Many more. -
I just bought $200,000 of Bitcoin
Walker88 replied to Pravda's topic in Jobs, Economy, Banking, Business, Investments
The Daisy Chain story.........BlockFi was on the verge of collapse, but was bought by.....FTX The remaining assets of dead Voyager Digital were picked up by......FTX FTX loaned money to (dead) Celsius Network, which used the funds to ramp CEL coin (after Celsius had illegally used customer assets to support its CEL token). Now FTX blows up because it loaned money (and also tapped customer assets) so that Alameda (owned by FTX) could buy FTT (a coin created by FTX) Anybody see a pattern emerging between 'exchanges' and 'coins'? Anybody still remember Terra/Luna? This is not an 'exchange' problem; it is laying bare the entire crypto bubble. Hey, but it's unregulated ! Isn't that a plus? Might be a good time to look at the underlying 'assets' of Michael Saylor's MicroStrategy, and also dig deep into his liabilities. I suspect we would find he's levered for btc purchases and pledged his btc holdings as collateral for his loans. It was copycats who conjured new coins, after seeing the 'success' of btc. It seems copycats also created 'exchanges' to be used to ramp what the exchange creators owned. Step aside, Charles Ponzi; there's a new scheme in town. Coinbase even notes in some of its disclosures that in the event of bankruptcy, any assets anyone keeps there are dead until the bankruptcy is resolved, which would be years. Ah.....But you don't use an exchange; you have your own wallet! That's great, except the coins you hold have been manipulated by levered large holders. Their rise or 'stability' wasn't a result of new money, but leverage by large holders. When they and their exchanges fall---as FTX and SBF have---so goes all the coins they manipulated. If anything truly depended on the confidence of holders, it is crypto. No coin has any underlying value save for what the Greater Fool is willing to pay. Each of these bankruptcies shakes confidence in the entire field, and confidence is all any coin ever had.. Terra/Luna, Three Arrows Capital. Voyager Digital. Celsius Networks. Now FTX. DeFi? DEAD. It seems regulation might actually have some merits, as does credit analysis. Even supposedly savvy market players did not really understand the nature of what they were buying. Most merely jumped in so as not to miss out, Their confidence is now shaken, which means the confidence needed to keep even mainstream tokens like btc and eth is being shaken. Also, one can now expect much more demand for regulation, which will additionally keep people out of the space. Funds and banks who stepped into the crypto space---just in case it became something from which they could profit---are already reassessing. Maybe, just maybe, they can let others play the crypto game. Exchange failures and coin collapses are coming now at an accelerated pace. There's no longer any excuse shareholders would accept if a major fund got caught in another FTX. Burn me once, shame on you; burn me twice, shame on me. The Daisy Chain is imploding. Stay tuned. The show is just beginning. -
Anybody loading up on BTC on this dip?
Walker88 replied to In Full Agreement's topic in Cryptocurrency News
"Meet the new boss.....same as the old boss....we won't be fooled again" ----The Who But they WILL be fooled again. FTX held $16 billion in customer assets. It lent $10 billion to it's sister firm, Alameda, a trading firm. Alameda lent money and it was secured by the FTT coin, a coin conjured from thin air by......guess......FTX and Sam Bankman-Fried What could possibly go wrong? But the beauty of crypto and crypto exchanges is they're unregulated, so there's nothing to stand in the way of the character, integrity and genius of guys like Sam Bankman-Fried. /sarc Except reality. In 2008 things went bad because firms created Synthetic CDO Squareds with a CDS kicker. A decade later crytpo turns out to be a Ponzi Scheme with a Mobius Strip attached to it. Oh, but that's only one player, not the whole industry. I'm going to bet---based on watching how these things traded---that it IS the whole industry. Each crypto might theoretically be finite, but they are fiat by another name with no govt or economy of a sovereign (with taxing authority) to back it up. Crypto makes fiat look like the Rock of Gibraltar. Looking back....crypto was always a manipulated asset. It rose because large holders ramped it and brought attention to it. The 'train was leaving the station' so everybody wanted to get on board. (See Charles MacKay and "Popular Delusions and the Madness of Crowds"). Then it peaked. Then it began to crash. Several times large holders tried to ramp it again, hoping to reawaken the frenzy that, inter alia, rocketed btc to $68K. It didn't work. They kept trying. How did they do this? It seems they used 'exchanges' who loaned money (to themselves, as FTX-Alameda shows) to buy coins and then pledge the coins as loan collateral. It's kind of a tautology, or as I wrote, a Ponzi with a Mobius Strip attached. But it wasn't actually real buying power. It was people defending their position. DeFi seems to be a mechanism for maintaining your own $26 billion 'net worth'. I think banks can breathe a sigh of relief. And guess what? Binance, which was going to save FTX until it found out this: FTX did the same thing Binance has been doing......loaning funds to buy things that are the basis for Binance' supposed value. Binance saw itself in FTX, and wanted no part of it. So behind the current 'value' of many coins is....what's that thing called.......DEBT. Large holders took on debt to support their large holdings. But hey...it's self-regulated...and 'geniuses' like Sam Bankman-Fried stand solidly behind it. Small holders of crypto are bugs in search of a windshield, and all the Lambos and Ferraris of the Sam Bankman-Frieds are coming at them pedal to the metal. "Nothing from nothing leaves nothing"----Billy Preston -
Anybody loading up on BTC on this dip?
Walker88 replied to In Full Agreement's topic in Cryptocurrency News
Looking at it from the perspective of a hedge fund trader, this is what I see (perhaps incorrectly) Large holders of btc played one of the oldest trading games: they ramped the thing periodically to bring attention---and retail---into it. The media helped, as did gurus and promoters like cathie woods and Matt Damon. That worked for a few years and so enamored did retail become that they chased it to $68K. In other words, it went up because it went up. With these periodic tumbles over the last year, the process changed slightly. Large holders no longer ramped, but just supported it around the $20K level. Unfortunately, since they were already fully invested, they borrowed money to support the price, and pledged coins as collateral. Then interest rates rose. Servicing their borrowings became difficult. Collateral was sold. A vicious spiral ensued, as the value of collateral fell. The spark was an exchange, not a coin, but the result is the same. Crypto is gaining a very bad name. I suspect when the full story is known, Bankman-Fried was supporting his positions, and perhaps even doing it with supposedly segregated funds. Desperation brings out the worst in people. Back in July, Three Arrows Capital went belly up because of the same problem---borrowing to support a position, which continued to fall---and that was even before the big rate rise. Hundreds of coins have already gone to zero, which is their true underlying value absent a Greater Fool. Many more will follow. Fads die, or get replaced by a improved version of a fad. btc still has a skewed holding structure, with more than 25% of it held by .1% of its holders. Banks or funds that took a position might well decide to dump and take the loss, which is likely small relative to their overall asset allocation. As the equity market recovers, they can do this with minimal damage to their portfolio. Perhaps the next crash comes when Michael Saylor becomes the next Bankman-Fried. Some erroneously equate btc with blockchain. Blockchain is a useful technology upon which btc depends. One might make an analogy that btc is to blockchain as Pets.com was to the internet. Just because an entity uses a useful technology does not mean the entity has any real value. -
Not in Cult 45. 6 Jan 2021....It wasn't Antifa chanting "Hang Mike Pence", or the oath breaker who was recorded saying, "I'm going to find f'ing Pelosi and hang her"...or the other terrorists who spoke about executing Dems. I don't see anyone on the left praising little vladdy or "xi for life" or orban or kim jong un, but I see 45 enamored of all of them. right wing=Fascism.
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It has occurred to me you know precious little about the US. "Wokes" are a tiny minority. They wield no power. They make for good press and are overused by the fascist right, but as this election has shown, most people are mature enough and knowledgeable enough to ignore them and look at the bigger picture. I think there must be a Woke Derangement Syndrome from which many right wingers suffer. They are obsessed with it, when it's such a minor and meaningless thing, kind of like Flat Earthers. For well adjusted people, it's amusing, but not to be taken seriously.
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But of course you cannot refute it. The National Debt jumped $7,000,000,000,000, or 37% under profligate 45. 45 took over in 2017. Covid did not hit until March 2020, 45's last year. "It'll disappear, like magic, by Easter". Yea, 45, and Dewey beats Truman. 45 was an abject disaster. He now seems to be on his political deathbed. He lost the House, Senate and White House for repubs in 2020, and the supposed Red Wave was more the Red Tide....and the tide went out. 45's endorsement is worth as much as last week's losing lottery ticket. repubs are slow to learn, but they may well have finally accepted that 45 is not their future. Even the right wing NY Post has moved on from 45, with today's headline: DeFuture. It would be appropriate for 45 to announce his candidacy at Four Seasons Landscaping, like where Nesferatu Ghouliani held his silly presser to talk about Hugo Chavez' ghost rigging electronic voting machines or traces of bamboo from China found in mail in ballots.
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2000 years ago Rome fell to the Visigoths. In the US in these midterms, the barbarians were at the gates, but they were held off. Democracy seems to have survived. Most of the election deniers endorsed by 45 have had to run to their safespace as losers like 45, while 45's supposed upcoming announcement of his candidacy in 2024 will have all the impact of the comet Kahoutek or Y2K. Biden made the right move, noting in his pre-election speeches the threat to the future of democracy and freedom represented by fascists and election deniers. That resonated. The voters came out. As one journalist noted, perhaps the repubs will learn that picking your candidates out of the Star Wars cantina wasn't the best move.
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Covid was as bad as it was BECAUSE of 45. His..."it's 15 people now...and soon it will be zero", plus ignoring the threat, despite being told repeatedly what was coming..... Covid is still killing, but mostly the obese (78%). That should be a wake up call that 'fat shaming' is a social necessity. The budget deficit exploded before Covid hit. The repub tax cut that fed the Donor Class got it rolling, and it never stopped.....until Biden won. The facts all point in the same direction: 45's (poorly attended) Inauguration speech about "American Carnage" wasn't a history lesson, it was a prediction of what was to come, and damn if 45 didn't not make it happen.
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That "divisive teleprompter reader" has achieved quite a bit, if one can be objective instead of a Cult 45er. Biden inherited 6.8% unemployment from 45. UE is now 3.5%. Biden inherited a Recession (the usual repub gift to Dems, who always have to clean up the mess left by repubs); economy is growing now Biden inherited a pandemic out of control; it's over now Biden inherited a runaway budget deficit, as 45 added $7,000,000,000,000 to the National Debt, or 37% of the total debt since 1776, but cut the yearly deficit by $350 billion in FY 2021 and $1.4 TRILLION in FY2022. Biden inherited a broken NATO; he re-energized NATO, and now NATO has helped kick russia's slimy butt in Ukraine. Rather than announce yet another "Infrastructure Week" but getting absolutely nothing done, Biden got a bipartisan infrastructure Bill passed that will benefit every American. desantis, who actually was married in Disney World, has spent his time as Gov attacking Disney and manufacturing other ghosts to divert attention away from FL's real problems.
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I just bought $200,000 of Bitcoin
Walker88 replied to Pravda's topic in Jobs, Economy, Banking, Business, Investments
btc went up because it went up. When it became more boring than a Savings Bond or the game called soccer, it lost its draw to the taxi drivers and Starbucks' baristas who had begun piling in when it was a rocket ship to the moon on the way to a gazillion. The only people still buying it were the disciples and cult members, or the people who were already wildly long. It turns out big holders and fanboys were defending their position by borrowing money to buy it and pledging their various coins as collateral. Uh oh! As the QAnon-ers say, "Where we go one we all go". As one Ponzicoin began to fall, collateral was worth less, so other coins had to be sold. A vicious spiral began (again---like from $40K and $30K), and it now seems likely that there was dipping into customer accounts at the various 'safekeeping' exchanges. Thus, $21K last week has become $15.8 this week. Expect to now hear two sad refrains from diehard fanboys: 1) "You haven't lost if you haven't sold" 2) "I bought at $xxx, so I'm still way ahead" HINT: If we get a deceased feline counter reaction, and then we hear recommendations from the likes of cathie woods or michael saylor, it means next stop <$10K. If they 'pound the table' with their recommendation, it's Pets.com 2.0 In Ponzistan, it's Plus ça change -
Do you believe in natural selection
Walker88 replied to georgegeorgia's topic in ASEAN NOW Community Pub
Yes. The Universe is---today, at least---selecting away from a number of people... musk, zuckerberg, bitcoin fanboys and 45 Just not sure if it's Darwinism or karma calling the shots -
This will sound arrogant, and likely is. I spent my entire education through grad school, and my entire working life around the intellectually gifted. I sometimes forget there is an entire left side of the IQ Bell Curve. I am reminded of its existence when I listen to 45 supporters or watch his rallies. All of those who support him lost the Birth Lottery. Brains were not distributed equally. The Universe isn't fair. The QAnon idiocy speaks for itself. How dumb must a person be to embrace that nonsense? 45 owns that demographic. In the trial of one of the 6 Jan terrorists, the defendant actually said he thought the Electoral College was where people go to learn to be politicians. That level of ignorance makes my teeth hurt. It's 45's bread and butter. Go a std dev or two left of the mean on the IQ Bell Curve, and you've arrived at 45's base. His schtick is wearing really thin, however, and the more astute repubs are looking for someone new. 45 will probably announce, but he will fade, with his major news play being about his indictments, which are sure to come. Conspiracy to Commit Espionage is a slam dunk (the stolen TS/SCI and HCS files recovered by the FBI are prima facie evidence of guilt), but DoJ seems also to be building a case for Sedition re 6 Jan, too. I seriously doubt 45's life will end as a free man. It's ironic. The biggest mistake the US ever made was electing him, but the biggest mistake he ever made was running for POTUS, as it brought lots of attention to his life of crime, and gave him ample opportunity to add to the list of offenses. He should have remained a Game Show host for the Drooling Goobers.
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She's infinitely tougher than bloated 45, and I suspect mentally tougher than you, too. Like her or not, she's a fighter. At 81 she still wields power. As for negative, that isn't her. 45, OTOH, only has negative. It's his calling card. Oh, and whining like a sorry <deleted> b!tch. He's really good at whining.