US US Politics General 2: Hope Edition - Discussion of President Trump and other politicians

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Should be a wild four years.

Helpful links for those who need them:

Current members of the House of Representatives
https://www.house.gov/representatives

Current members of the Senate
https://www.senate.gov/senators/

Current members of the US Supreme Court
https://www.supremecourt.gov/about/biographies.aspx

Members of the Trump Administration
https://www.whitehouse.gov/administration/
 
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UnidentifiedFlyingOrchid dijo:
Humans must eat food. If you know your family of 4 are going to eat 100lbs of rice in a year, why would you choose to buy at randomly higher prices? No other investment will produce above 10% annual gains other than risky investments
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Not everyone has space to store a significant amount of food.
 
Aidan dijo:
Most white collar people do as far as I know. Many don't even know it.
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It's a pretty typical benefit to a full-time job. A lot of corporations offer matching funds if you invest in your 401k which is great if you expect the company to last until your retirement and you never change jobs. If you change jobs, you can roll the money over into a private 401k, but most people need the money at job-change time and eat the penalty to get the cash.

In California, they've come up with a new scheme to snatch people's money with a program called Calsavers, in which money is taken off the top of every person's check and deposited in a government administered retirement account. I'm just counting the days until the state starts using Calsavers as equity when taking out loans, or dipping into the Calsavers fund, or they lose it all on bad investments. It's only a matter of time.

A lot of the people who have Calsavers accounts are low income and don't understand how they work. They think the 10% withdrawal penalty is the only liability they have. Wait until they get the tax bill for the rest of it. Calsavers withdrawals are rolled into the person's gross income when tax time comes around. The 10% they pay at withdrawal is a penalty fee; it doesn't lower their tax liability at all, it's just gone. I know several people who have been treating Calsavers like a personal savings account who are about to get a rude awakening.
 
Betonhaus dijo:
Ver archivo adjunto 7084507Ver archivo adjunto 7084514
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Trump is trying to crash the stock market at least 20%, causing a flight into treasuries, this will cause the fed to slash interest rates so he can refinance the debt to near 0% and cause a deflationary spiral which will lower the cost of everything.

He also intends to use tariffs as an incentive for companies to build in the US to avoid having to pay them. The Tariffs and the resulting global trade war will also force American Farmers to sell more of their goods in the US (due to retaliatory trade measures by other countries) which will directly lower the price of groceries in the US.

More than 94% of all stock is owned by just 8% of the US population. Trump is literally taking money from the rich and giving it to the poor.

This is why Trump is playing a game of Hokey Pokey with Tariffs. One day he has 25% Tariffs on Mexico and the next he doesn't. This is to cause extreme volatility in the markets and a desperate need and demand to flee towards treasury bonds which are much more stable but offer much lower potential return.

This is also why eggs are cheaper now than they were under Joe Biden.
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This theory is sound, imho. But I'm on KF.
 
Conan dijo:
I work 9 hours a day, prepare hot meals everyday, and still have enough time to call you a NIGGER.
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People being unable to cook meals within at most an hour seems to me like an issue of time management. I bet they pull out their ingredients one at a time as the recipe calls for it and never use more than one burner on the stove at a time.
 
autistic dog dijo:
A proper household should have 6 months of canned/jarred and other dry food stocks. It's one of those things women have failed our country on that might never matter or might result in millions lost to fammine one day
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Okay nigger where? We tried to stash something like month worth of food plus some water in one of the storage spaces it was just rice, sauce packets , drinking water for a week, canned food for a week and the pantry was half full. We don't have that big of a pantry/ storage its like 6 sqm. Most people don't have that , they maybe cupboard or two to work with may few square meters of storage that has other crap squeezed in it. Plus you have to rotate it out we ended up throwing out 5 litter can of olive oil as a result.

HTTP Error 404 dijo:
Yeah, but does it work as well? I hear ivermectin is so potent that it will literally make homosexuals shit their gayness out. (Hence the "oh shit we can't have America taking this en mass" thing. Plus maybe that's why Africans have little love for faggotry, since Africa is mass prescribed the drug. Also, ever seen a gay horse? No, I thought not!)
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Dunno man spicy food has similar effect especially the chilly kind . It was recommended to give chickens some chillies and garlic few times a week for worm prevention. You mutts eat that shit for breakfast dinner and lunch with your Mexican shit.
 
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Justa Grata Honoria dijo:
Serious question what percentage of the people have 401k ? Sounds like upper class shit
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Your response sounds like some unemployed shit to be honest, I'm pretty sure fast food does 401k matching at this point. If you've ever worked in a private sector career of any type you'll at least be offered a 401k and likely have an IRA Roth or otherwise.
 
Dumbledore's Onlyfans dijo:
They think the 10% withdrawal penalty is the only liability they have. Wait until they get the tax bill for the rest of it. Calsavers withdrawals are rolled into the person's gross income when tax time comes around. The 10% they pay at withdrawal is a penalty fee; it doesn't lower their tax liability at all, it's just gone. I know several people who have been treating Calsavers like a personal savings account who are about to get a rude awakening.
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I had a talk with a woman I respect about this shit.

Her tax guy was saying she should get an IRA. I told her given my situation I dont really like those things. I personally think uncle sam should just take his fucking cut, up front. in all cases. Tax deferment is stupid.
 
Kornheiser dijo:
Where I work besides me only the remaining boomers have a 401k. It’s strange that the older millennials working with me don’t have them. On second thought since where I work is the post office it’s called a tsp which is similar.
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TSP is still funded by the stock market:
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tehpope dijo:

This theory is sound, imho. But I'm on KF.
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This matches this twitter post I saw earlier in the thread:

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There was also a twitter thread by an economicist who is now part of the Trump admin talking about the tarrifs and the games he's playing with them from about 50-100 pages back, which I don't have handy, and I think it talked about this too.

In short, the stock market is fake and gay and tying it to our general economy was a huge fucking mistake. The ... M2? number shows there's MASSIVE stock fraud going on (they claim to have more money than the rest of the Earth combined in the market or somesuch bullshit) and remember, the GameStop thing revealed they were literally counterfeiting stock on an industrial scale as a matter of course. It's why they had such a huge freakout as to literally prevent people from accessing the stock market and having Google/Apple disable new downloads of any stock trading apps while they slowly unwound the damage. It came within a few minutes of causing a complete crash.
 
northstar747 dijo:
Her tax guy was saying she should get an IRA. I told her given my situation I dont really like those things. I personally think uncle sam should just take his fucking cut, up front. in all cases. Tax deferment is stupid.
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That's called a ROTH IRA. ROTH means you pay taxes as it goes in, not when it comes out.
 
Justa Grata Honoria dijo:
Serious question what percentage of the people have 401k ? Sounds like upper class shit
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If you have a “career” job, you probably have a 401k. It’s not required for you to contribute to it though, but you get income tax breaks if you do.

Apparently about 50% of working adults have a 401k.
 
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