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US Politics the 2025 trump presidency thread

Quasimoto said:
Trump's official portrait on the left vs his mugshot

trumps-official-portrait-is-he-just-a-caricature-of-himself-v0-e8rwasvmiede1.jpeg


also Vance:

president-donald-j-trump-vice-president-elect-jd-vance-official-portraits.jpg




they look like comic book villains
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Vance reminds me of the film Constantine where devils had gleaming eyes.

Trump looks like they is trying to act mysterious, wise and determined.
 
Today marks the day of four more years of an ions led nation. I will do my best to continue to lead this country.
 
ions said:
Sleepy Joe can’t hurt you anymore.
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I'm just glad I got loan forgiveness during the thread of a window it was available under Biden. Spent the last 12 years working with homeless people struggling with opioid addiction and trauma, all while paying half a month's rent for the privilege to do so. Worked through CoVID at a health center inundated with sick people while most people were working comfortably from home. Now, I can actually explore private practice and making an income that's almost sustainable in the Boston area (where my family is and where I grew up).

Joe wasn't an ideal president, but he'll always have my gratitude for following through on this and giving me a chance to help people without drowning in a quarter million dollars in debt.
 
yeah, where the the federal reserve simply prints money with no backing like a blank check to pay off debts. Dollars and cents wise it covers the bill on the short term. On the long term you see inflation and a weak dollar, devaluing the currency. Which is on the verge of collapse.
The federal reserve is the biggest threat here. When you the COVID stimulus, 5% of those spending bills go to americans. the rest go to the military industrial complex and support big government. And the result we see with those stimuli are runaway inflation.
 
If you want sound economics (i.e. Austrian economics) you audit and end the federal reserve. return to the gold standard which nixon took us off in '71 I believe. No great country was ever successful after leaving a gold standard.
 
ions said:
If you want sound economics (i.e. Austrian economics) you audit and end the federal reserve. return to the gold standard which nixon took us off in '71 I believe. No great country was ever successful after leaving a gold standard.
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What happens to all of the crypto if this were to happen? Not defending crypto, more just pointing to one example of how far out of port this ship seems to have sailed.

The documentary 'Can't Get You Out of My Head' by Adam Curtis explores the sale of the economy to Banking in the 70s and how that has impacted things ever since (benefited wealth while leading to increasing wealth inequality). It's how New York pulled out of the 70s financial woes, but contributed to the rise of Trump and speculative real estate which influenced city policy and police enforcement. It's likely what lead to my graduate student debt being the value of a mortgage (in 2010/2012, it's now much less comparatively).

To me, the alternative was to leave a generation on the hook for an unpayable amount of money (despite monthly on-time payments, my total owed amount never budged below the principal), vs. letting some of us who have done thankless work off the hook. I don't know what the right answer was en masse, but the only way I could have afforded to go to school and help other addicts was to take out absurd levels of debt. Working my way through a degree wasn't feasible, especially since you have to work 20 hours a week unpaid during your social work training. On top of a full time courseload, that left very little time to actually work (which I did).

I don't know how you shift from the system we have now, to the type of system you're referencing without violence. At this point, the incoming feudal lords have more value than many nation states. Strange times.
 
Right, when you adjust, or return to a gold standard, you see that there are trillions of dollars not reflected by the gold markets. Gold and crypto being stores of values outside the dollar. They should reflect in terms of an increase to return to gold. But it's not like gold holds anymore value than it ever did. For instance, an ounce of gold in biblical times would buy you about 400 loaves of bread, and that pretty much still holds. Or also, 10kilo of gold would buy you an average sized house throughout history. It's just that reflected in dollars, growth, or inflation has always been taking place. So it looks like it's worth more. But it's buying power gold is about the same.
Crypto is new tho, so that's still increasing in value, but will ultimately hit a cap where demand and the amount in circulation peaks. Which I expect with our current economy a bitcoin will settle between 1 and 10 million US$.
 
The federal reserve exists to keep stock prices high and gold prices low.

However, it's never been as easy as ending a central bank or government agency.
Kennedy wanted to dissolve the CIA, and he was assassinated by the CIA.
Regan wanted to end the Federal Reserve and had an attempt on his life.
It's never mentioned because presidents know the deep state will end you if you abolish these agencies and the Fed.
This is what we call the deep state. And the deep state is running the country.
It's no coincidence the century of perpetual war coincides with the century of the central bank.

There may be an end when the deep state prints dollars that have little to no value, like worth less than the paper they are printed on, and they can no longer fund their warmongering.
 
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ions said:
The federal reserve exists to keep stock prices high and gold prices low.

However, it's never been as easy as ending a central bank or government agency.
Kennedy wanted to dissolve the CIA, and he was assassinated by the CIA.
Regan wanted to end the Federal Reserve and had an attempt on his life.
It's never mentioned because presidents know the deep state will end you if you abolish these agencies and the Fed.
This is what we call the deep state. And the deep state is running the country.
It's no coincidence the century of perpetual war coincides with the century of the central bank.

There may be an end when the deep state prints dollars that have little to no value, like worth less than the paper they are printed on, and they can no longer fund their warmongering.
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I don't disagree with any of this. The US has become the Lanisters of GoT - in exorbitant debt to the Iron Bank, while weilding exorbitant influence. I am not one to default to making these types of comparisons - it does feel pretty on-the-nose in this instance.

As far as the printing of worthless currency - makes me think of the MEFO bonds issued under Nazi Germany which concealed government debt and enabled clandestine activities on behalf of the Reich. Are memecoins the new MEFO - cryptocurrency can certainly be used for illicit/clandestine activity outside the auspices of the central bank. Only time will tell.
 
When he said we are going to export American energy like never before.
He meant to say, we are going to export American ecstasy like never before.
 
alasdairm said:
so the war in ukraine must be over?

alasdair
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Hmmm, one thing he didn't talk about was Ukraine. Well now.
PS: Just for one lie. We didn't lose 38,000 Americans building the canal (5,600)

See how he "saved Tik-Tok" after pushing for the ban for years. And, Tik Tok went right along with it since they know which side their bread is buttered on.
Inflation was partially caused by record corporate profits under a President who wanted to raise taxes on corporations.
Naaa. That's unlikely. Now, 5,000 people faking the moon landing. Now, that's possible.

Anyway. Well played @alasdairm
 
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