Comments by "" (@jmitterii2) on "David Pakman Show"
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+Robert Devino Tax expenses are used to help educate a population so that new technologies and innovations are implemented that have effect of giving you better goods and services and cheaper manufacturing and delivery of such goods and services. Having educated population also tends to help them be employed in a gainful way that allows them to also purchase goods/services from your employment and labor or shares of business that provide you with an income.
Having healthier population that is collectively being cared for means that not one set of businesses have the complete burden to ensure their workforce remains healthy thereby able to maximize their productivity.
Essentially you benefit by having an educated workforce capable of both supplying and demanding (being able to purchase) your goods/services and providing goods/services to you, as well as a the population healthy enough to provide such productivity at their optimal output, and as well as creating ever better innovations that are essential for higher standards of living.
Technologies such as refrigeration, modern sewer, electrical works, water works, transportation systems including vehicle and aircraft, agricultural advancements such as nitrates being able to break the at nitrogen triple bonds of the N2 di-nitrogen that is about 76% of the atmosphere to produce fertilizer nitrates that allow for huge food production, etc.
The next technological advancements will include thorium fission, and especially deuterium-tritium fusion reactor systems that supply a huge amount of energy safely and cleanly and since its a huge supply means extremely cheap, which allows making many chemical energy when required for space advancements such as mining asteroids for other minerals even cheaper as it provides more access to such compounds and raw inputs. Electrolysis using over abundant energy from thorium fission or deuterium fusion provides any compound plastic, fuel, etc. one needs and opens up even more resources in space for various other elements and base input compounds like precious metals and energy elements required like more deuterium and lithium etc.
What's in it for you is a better standard of living.
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Candidates for various offices from Judge, Governor, congress (senate and house), president, etc. should be required to take basic knowledge battery tests, and may only run for office when they pass; they may take the test as often as needed, retakes requiring to wait 1 week.
It wouldn't be to keep the average idiot from running, just the extreme stupid who doesn't really give a fuck because they're a spoil rotten brat and is just running for their sick perverted amusement. If they don't care, they won't bother to study, nor keep retaking the test.
Basic science from chemistry, geology, physics, as well as basic mathematics including algebra and geometry would be required, and geography exam maps as current date announced on the study aid. As well as world history and basic government types.
If they were able to get through high school or college, they should be able to pass it with no problems, so long as they study.
The idea would not only be to test them on their knowledge to know if they're idiots, but to force them to be current with knowledge that may have been rusty. They're about to work for us.... okay bitches, know your shit, or no job for you. This isn't like some free loading corporate whore house where you only got your executive job because your daddy happens to be friends with the CEO nonsense. And you literally do nothing, but rubber stamp shit all day.
Successful battery test would only be good for 4 years. After which, they would have to retake the test before they can run again.
Voters are only one vote. They need not take a test to vote.
The candidates do.
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Several articles are bitching that the stock market recent declines are due to the appreciating dollar over a basket of other currencies. The dollar is actually increasing in value over the past 10 years, and recently spiking upward because interest on savings and CD's are increasing, and bond yields are increasing as our interest rates are better than most other currencies of similar purchasing power.
Wall Street is bitching about having too strong a dollar at the moment.
My personal opinion about strong or weaker dollar... I just want a currency that is stable as possible, no big dips up nor down. Flat as possible, no deflation nor inflation. That requires national debt GDP not to go too insane... we must cut our idiot military budget by more than half. And we must commit to an universal healthcare system that has direct negotiating authority with pharma, clinics, and hospitals like 173 of the 201 other nations already have.
We must fast track a massive set of programs such as our own LFTR fission program, ITER/Wendelstein 7x, high speed rail, and drinking and irrigation water systems. And we need to rethink completely our educational system so it is effective in teaching critical thinking skills, and application to various career fields.
Our spending needs to be on actually moving our nation toward real sustainable and orders of magnitude more bountiful than what our systems have for us today.
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It's why I always put unaffiliated on all government stuff.
I tend to vote democrat and independent.
I did once vote for a republican, the candidate won being in a red state, he was over the school in our state... and his term ended in corruption and scandal over his idea to issue K-12 students HP lap tops. He stood to make millions from the deal.
Why anyone would trust GOP candidates is beyond me anymore, even if they appear to have some interesting ideas. And I'm about the same thought on DNC candidates.
We're a empty republic; corrupt like so many other countries other non-corrupt countries laugh at. And we probably still today laugh at. But now all nations are laughing at us.
Time to trust bust both corporations, but also our bogus two party system. They're not two parties, they're pacifiers representing oligarchs that like gays and think abortion is legal for the woman to decide, and the other that doesn't. About the only difference.
Two decisions that have long since decided, in probably in the best logical manner.
So there's no difference. Other than who they pacify.
Right wingers: Pacify the usually utterly ignorant and superstitious religious advocating cultists, and wanna be oligarchs and mid to high level management.
Left Wingers: pacify the green, I'm not a hippy okay, but I think we need to take care of mother earth... usually ignorant on all subjects they're not formally trained or educated but have similar strong convictions based on cultural circumstances and random butt yank made up stuff from friends and themselves... similar to that of the general right winger.
And they only have to pacify 30% of the population when about half or 1/3 vote... the rest don't even bother.
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And one wouldn't "free markets" or better explained in definition as "let whoever do whatever with whatever to sell or buy stuff".
Because you would constantly being sold bad stuff, wrong stuff, shitty stuff. And capitalism always concentrates towards duopolies and monopolies as she's explaining in the video.
The only reason for profit motive function works is for competitiveness. Rules must be established firstly on what sectors of the economy even have natural competition or don't: utilities like roads, sewers, water, electricity, etc. are natural monopolies not competitive at all, and forcing many sewer providers to exist would only cause more redundancy forcing per customer break even cost to go up, as each sewer company would pay the same costs laying pipe and sewer treatment plants, but with sharing fewer customers to make up for the identical redundant cost.
Various sectors that seriously violate competitive market principles should never be privately owned and operated or should be highly regulated: prisons, civil and criminal courts, police force, military forces, healthcare particularly hospitals and clinics, health insurance programs, pension provisions and protection programs, etc.
And even for the most competitive sectors like grocery retail, food processing, clothing production, clothing retail, household appliance production, building construction, etc. still requires rules to ensure competition avoids inauthentic comparative advantage: cutting corners, not disclosing corners being cut: such as adding poor ingredients, not using sound construction methods, piss poor wiring, etc. And prohibiting certain corners that must not be cut ever to avoid fire, sickness, and injury using the product or services; usually requiring inspections and certifications on those inspections, education with a license demonstrating knowledge in that field, etc.
Let it be markets are a free for all, whenever attempted they seem great at first for about a year in, then suddenly they crash in gigantic bust.
Globally nations moved very far to that just in the last 60 years, and we see booms and busts, each one often more violent than the last. This oscillation shakes itself apart in war and civil war always.
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That shit was a symptom of the larger problem... inflated speculation much of debt driven and the other concentrated wealthy looking to make a return on their wealth holdings... aka it was hyped up worthless bullshit, in less than 5 years it will already be laughed about how ridiculous fad as pogs in the 90's or pyramid schemes in the early 1900's... tulips in the 1630's.
Shit's worthless.
Not easy to use (takes over an hour for a transaction).
Not protected for fraudulent unfilled transactions (tantamount of sending someone cash in the mail or a cashiers check, doesn't eliminate central assistance in assisting and making secure transactions).
Not stable (prices going up and way down, is impossible to know pricing terms)
Not secure (moment quantum computers reach quantum supremacy, the entire transaction log can be solved for all passwords to tokens in a few minutes... what took miners several decades, in just a few short minutes of QM iterations... go to spend your bit coin or others of its type, and find it's already spent... no longer valid.
No intrinsic value (requires electricity and lots of people continuously using it, as soon as just a few players leave, particularly big ones, you're left with literally passwords to an elaborate algorithm program that not only allows iterations, but requires iteration and transaction completion now takes weeks... and as more drop out months... then years... unless of course your using a QM computer... in that case solving most of the transaction log enough to identify enough passwords/coins, making the entire thing pointless).
Among the biggest scams in human history.
Anyway, yes. Crypto is down as it goes to 0. It's only reason it was up in the first place was the symptom of the overall flawed economic system we have.... everything was bubbled back up.... low interest rates on treasury bonds and bank deposits meant those left with wealth had to go find some hype and splash cash... one of those places was this goofy scheme of crypto crap.
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Capital systems have and still have labor camps to. Our prison systems in the US do labor.
But NAZI Germany very much against communists used labor camps. US pre Civil war used labor camps, and post civil war used a variety of tactics to kill unionization often at gun points from the coal wars from 1890 to 1935 and so many other insanity.
And most nations are based on money exchange for goods and leverage; hallmark of capitalism; every nation has had a revolution or deep depression. They collapse, wax and wane.
All economic systems thus far have been unsustainable.
So we need to think of better inventions of methods of production.
My opinion a co-op reserve bank to lend leverage to sectors that require huge economies of scale like mining, large farming, refining, development, utilities, etc. And instead of just wage/salary compensation, include voting rights and share collection and dividend payouts. Don't allow a few elites to corner markets as happens under authoritarian models and let it be capital robber baron mafioso markets... which become tyrannical too; and when two or more oligarchs start fighting each other, you get civil war or war against nations.
We need to come up with a better economic system.
Feudalism was abandoned for mercantilism which was a step up, then mercantilism abandoned for industrial let it be oligarchy, which was then abandoned for social-capital mixed markets, each being better than former.
So we need to come up with something even better than just social-capital mixed markets.
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