Comments by "coolmodelguy" (@coolmodelguy6304) on "The Hill"
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@Mark0003260 - Well now, your conventional wisdom is shining! I've been where you are, thought the way that you obviously do now. How do you think conventional thinking originates? Took me a long time to figure that one out and whoa-donkey!! What do you know! Turns out people like you and I have been duped friend! Look, I am pushing 60 years and until about 6 or 7 years ago I was as conventional a thinker that could be. However, running a small business is an eye opener and things I was observing did not fit the conventional wisdom paradigm.
What you have demonstrated with your comment about Prop-13, real estate prices and property tax is conventional thinking based on a narrative, put out by people who want you to believe that narrative. The narrative makes sense, sounds logical and honest. The problem is, it is a narrative, which is to say, it is not true or honest. People get triggered when I tell them they are the victims of propaganda, but propaganda is designed to be effective and cause the people who hear it to believe it and defend it.
When I responded to your comment, I did a Google search to find out about Compton and Lynwood. There was so little information that comprehensive. There was no mention of a housing boom associated with the production increases of World War Two. These two areas ARE sacrifice zones, just not so much in relation to capitalist heavy industry. More so as the entire United States is a capitalist sacrifice zone, having been moving towards this end since the termination of the "Bretton Woods" Agreement and the move to separate the dollar from gold.
As much as I would enjoy being a millennial, really I am a late boomer. I see what is happening in my children's world, that reality is completely divorced from conventional wisdom and thinking. I think that just like myself, you have been made into a fool for someone else's benefit. Hope you don't get triggered by that statement, but instead start really digging into some serious research because you have some catching up to do.
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@Mark0003260 - What an young and innocent pup you are, to be led astray so easily. You act like you know what you are talking about, because it has been drilled into you by master propagandists. Where do you think the inflation came from? Where do you think Prop-13 came from? Do you even know how to do basic math? Why do you think there was never legislation to address the property over taxation problem? The issue you have is one of regurgitation, not actual rational thought. The racism you spout, was engineered. The inflation, especially in housing, was engineered. Prop-13 was engineered, not because it gave tax breaks to homeowners because that could have been done through legislation but was not. Prop-13 was all about compounded interest, a useful tool when your intention is to gut the Constitution of the USA. Did you ever read The Powell Memo? I did. It laid out the roadmap for the wealthy to take over the country, which they have essentially done. Lewis Powell was on the Supreme Court and his memo showed the rot from the top, just at the moment is began in earnest.
Have you taken a look at the ratio of financial assets to the size of the economy? Taking real estate out of the equation, the size of the economy is less than one fifth the size of financial assets. Since financial assets capital gains grow faster than the economy, even an arrogant fool like you should be able to realize that something does not pass the smell test. I have given you more than enough information with just the ratio question, which you could use to launch an investigation on your own. If you have any brains at all, you will look up the size of the 2019 economy and then compare that number to the total value of financial assets owned by households and non-profit corporations. The math does not add up, our puny economy cannot support those levels of capital gains. Why do you think the bailouts in 2008-2009 were given? It was never about too big to fail, it was always about looting the infinite printing press of the U.S. Treasury and Federal Reserve. Now in 2019-2020, the looting has gone on steroids beginning with the REPO crisis that started in September and culminating in "The CARES Act" of 2020. Trillions of dollars injected into the stock market at the drop of a pin. How could the Congress do that when they always whine about the deficit and federal debt?
You are an idiot. You call me as ignorant as a millennial, yet you don't even have a grasp on simple national financial matters which are very easy to research! What you are spouting is the narrative directly out of the Oligarch's Propaganda Handbook, which you willingly swallowed whole. You think black people ruined those towns? Then you are nothing but simple tool, easy to use and very obedient. How could you be so submissive? Are you even a real American? No wonder this country is turning into such a cesspool when people like you think you have all the answers, but never actually had an original or inquisitive thought in their lives. Disgusting.
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@JB-kx9bx - Interesting, the way you phrase these important issues. "Most people have a job, most people aren't sick". True, yet you used that sentence to underscore that most people don't care about these things. Most people are part of families that have young children, who need healthcare not because they are sick, but because healthcare is required for school attendance. Most people are not secure in their jobs, so they care a great deal about unemployment. With regards to anti-oligarch candidates, it is not sad that Bernie got half the votes that Biden did. That Bernie got half the votes Biden did is an outstanding achievement showing that times are changing. We are all well aware that Biden was selected during the primaries, not elected. We are all well aware that the oligarch backed DNC pulled the rug out from under Bernie, again. I've seen your posts which are very forward thinking, you must resist despondency as we all must, you are not a socialist for thinking that some portion of GDP be spent on free advanced education, anyone who says so is under the sway of oligarch funded propaganda.
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@dustyroads834 - Dusty, for 55 years I also had that opinion. I hear you man. The problem is, when I really started looking into our economy about five years ago (60 years old now), I found out that "socialism" is the way the rich get rich. So many things I believed, well it turns out as I researched I found out they were myths. So I did more research because I wanted to find out why we had these myths in the first place. Turns out, the wealthy have paid a lot of money to fill our heads with false information.
Here is the truth in a nutshell. The economy is big ($22 trillion/year GDP), but the pile of wealth "invested" is much bigger ($104 trillion). The GDP grows about 3% annually, that pile of wealth grows at 5% to 7% annually. At this rate, all wealth will be owned by just a few people in about 35 years. Kiss the Constitution and our country goodbye.
The wealthy don't earn their money, it is given to them using "investments". The problem is, the investments are guaranteed to grow because the rules have been rigged, but they don't actually invest in anything except property (that is why housing costs so much). To protect this racket, the rich pay for "think tanks" that spin webs of stories that seep into our culture. The rich want you afraid of "socialism" because they alone actually benefit from socialism.
The Federal Reserve put out charts that show this happening, but economic numbers are a dry subject and cops killing another black man is much more sensational, so what the rich are doing basically stays a secret.
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