Comments by "Rune of Svalbard" (@vladimirofsvalbard9477) on "LBC" channel.

  1. Could it possibly be that the internet is so VAST that it enables you to find the bias of your choice? I can't help but notice that people can actually believe whatever they want because the evidence for everything now exists to a large capacity or is at least corroborated similarly.
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  2. This is what happens when you have a central bank and endless bailouts. It just allows monopolies to grow bigger. Governments primary purpose at this point is to act as a gate-keeper for asset values. All to maintain SS, Medicare, Pensions, and home prices. Thank a Boomer :)
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  3. @Christina-g4s It's not welfare, it's the fact that the government gate-keeps asset prices via SS, Medicare, and Pensions. They are the primary reason that the debt crisis is so bad and why prices won't come down.
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  4. Something to note, people need to be careful with this internet. It is so immense at this point that it will corroborate ANY bias that you already have.
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  5. Maybe he got excited and made a weird solute gesture. People need to understand that the internet currency enables you to have ANY and ALL evidence for your bias of choice. Not only that, but whatever bias private and public institutions want you to have.
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  6. It's a mathematical issue, you CANNOT allow a central bank to expand and contract markets (giving bailouts to big partners) and management for social programs that need constant COLA adjustments to be maintained. It's a bubble and the driver is SS, Medicare, and Pensions, period! These assets have to be maintained every recession. In doing so, you inflate their value and currency loses it's value. So naturally younger people will pay MORE in taxes for benefits than their parents/grandparents, and receive less value in the end. This is why everything is so expensive and wages don't rise. People attempt to argue that SS is it's own fund, but this is a red herring. It's a fund that relies on (general fund interest); your SS taxes go straight into the general fund after payroll is taken out. On top of that, SS has to constantly be supplemented with new currency in order to provide COLA adjustments. It naturally gets larger every time the government prints money and provides bail-outs. Just imagine your current wages getting COLA adjustments for the last 45 years that maintain valuation with other assets. Now apply this concept to Social Security and Pensions.
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