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TommyJ
Patrick Boyle
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Comments by "TommyJ" (@ImperiumLibertas) on "Patrick Boyle" channel.
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"financially handicapped" dude I seriously busted a gut laughing
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That's hilarious. Can't have the color of the party mean losses.
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@somethinglikethat2176 that's not true at all. We're litterally sending them state of the art missiles, hunter killer anti-tank drones, HIMARS MLRS systems, IAD air defense systems, and a bunch of other equipment. A lot of this stuff is bleeding edge brand new.
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@antiquehealbot6543 bond yeild is great until you take into account the massive inflation cutting into those profits. The higher the inflation the higher the bond yeild required to attract purchasers forcing the fed to print more money to cover the interest causing more inflation and the cycle continues. That or they reduce spending or increase taxes. Reducing spending is unlikely and increasing taxes is unpopular so you can look forward to more inflation and QE in the future.
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@jtgd I'm sorry to inform you (not really) that Ukraine is not our responsibility and we aren't the world police.
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Nearly the entire local government economy relies on these large developers purchasing land. If those developers go bust so do the local governments. They'll never let the developers go bust, they'd rather shift the debt to the federal government or whatever the equivalent is in China.
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Winnie the Pooh hasn't been this happy since the tiananmen square massacre
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@jtgd you're right we should cut off all aid to other countries until we get our budget fixed not just Ukraine!
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@nicholasdean3467 yeah that's the problem. Cutting spending would mean their pet projects don't get funded.
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@strauss7151 a truly free market wouldn't see monopolies since there always has to be competition to drive prices down. without competition prices go up which incentivizes competition.
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The fact you actually linked to each of the products in the description cracked me up
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Interesting enough, as much hate as the Hyperloop gets it's actually quite genius just not for the reason you probably think... To launch rockets of requires a lot of dirt. Like a lot a lot. Dirt can make up a significant portion of the cost of a rocket launch. One strategy Musk does is start companies that qualify for grants from the government. Tesla, Space X, Hyperloop all qualify for government grants. Green energy, space exploration, and infrastructure respectively. It would make sense to start a company on government grant money with the goal of "fixing traffic" (litterally that's the stated mission of the Hyperloop company) that requires digging up a lot of dirt. That way the government pays for the equipment, labor, and most other expenses. Musk then sells the dirt at dirt cheap prices to SpaceX. Litterally turning government dollars from a not for profit into cash in his pocket in a round about way. He's used similar strategies in the solar and battery industries. Like him or hate him, here is more than meets the eye when it comes to Musk. I wonder if his supposed buyout of Twitter was strategic in some way. It would seem that he suspects that Twitter has a very high percentage of bot users. Now when Twitter goes to court all of the due diligence documents provided to him will be entered during discovery. It's not clear what his intentions are and probably won't be until it's all said and done.
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@JohnH1 it's funny they continuously compare the US to the EU like it even remotely compares. Just look at the demographic differences of the US compared to the UK and EU and you'll realize why the US is so different.
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@kl9518 bro this is cope beyond belief. China's economy is nearing collapse due to their real estate market crashing. Just because China can force people to work in factories to provide "free" social services does not mean they are wealthy. They are a centralized economy with an authoritarian government. They are by no means a wealthy country. They have a serious class issue. They are not a third world but like most communist countries have extreme class disparities (ironic isn't it)
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There are a small group of republicans that are against high spending but the majority of them are just as pro big government as their democrat counterparts
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@DarranKern not a scam, a racket. It allowed companies to spend their money to get regulators off their back without having to do any additional work themselves. These companies that took the money had little to no reason to actually follow through and their impacts were almost universally unmeasurable. It was a way to launder money from one group to another. Not the first time this has happened in the name of environmentalism. Remember the whole solar crazy started by Obama who gave many millions of dollars in incentives for companies to install solar onto peoples houses? Turns out that did almost nothing to reduce CO2 and resulted in even more CO2 being released since the demand for solar panels went way up (solar panels are notoriously high carbon products only offsetting after about 10+ years of operation.) Many of these companies were owned by friends of very wealthy politicians and most don't exist today once the credits ended.
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All of the departments you listed at the end after the mandatory spending, military, etc are the exact departments that the federal government has no business creating. They almost all fall outside the framework of the constitution and serve little purpose outside of attempting to centeralize and steal power away from the states that they otherwise have no right to. This is fundamentally how America works.
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@XandateOfHeaven how much we spend is irrelevant if they should not exist at all. That's almost a trillion dollars wasted on departments that should not exist.
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