Trump Transition

[TigerGrowls]

Donald Trump: "We're going to terminate the Green New Scam."

"Why aren't we creating great energy plants, great sources of energy, instead of playing this game with wind that is ruining everything, killing all your birds, destroying the fields... It's a green scam."

"I'm all for clean energy... but you can't destroy your country over it... It's not going to fire our plants. Fire up those plants. We've got to get them going. And the only thing that can do that is fossil fuel right now... fossil fuel and nuclear."

 

[TigerGrowls]

 

[firegiver]

After the new administration shuts down the government 3-4 times over 4 years, and our credit rating plummets, and our defecit explodes. I want all yall to realize, you aren't very smart, you aren't qualified to even discern current state of affairs, much less vote on it.

Since 1977 the CEO pay in this country has gone up 1400%
since that time worker pay has gone up 18%
inflation has gone up 30%

Ya'll are absolutely missing whats actually happening in this country. You aren't even paying attention to the theft that is occurring.

 

[fatpiggy]

After the new administration shuts down the government 3-4 times over 4 years, and our credit rating plummets, and our defecit explodes. I want all yall to realize, you aren't very smart, you aren't qualified to even discern current state of affairs, much less vote on it.

Since 1977 the CEO pay in this country has gone up 1400%
since that time worker pay has gone up 18%
inflation has gone up 30%

Ya'll are absolutely missing whats actually happening in this country. You aren't even paying attention to the theft that is occurring.

The theft is inflation which averaged 5% under Biden and 1.9% under Trump.

 

[fatpiggy]

And spare me the covid caused inflation.

Democrats wanted to pass the massively inflationary BBB bill that was only thwarted by one of their own in Manchin. This was long after the covid money had already been printed.

The world was watching.

 

[firegiver]

The theft is inflation which averaged 5% under Biden and 1.9% under Trump.

and who did the theft? PPP loans were approved by whom?

Again, CEO's are making 1400% more... workers 18% more... inflation is 30%....

so you are just going to sit there and tell everyone its fine that the CEO's are getting that much more over everyone else?

 

[fatpiggy]

and who did the theft? PPP loans were approved by whom?

Again, CEO's are making 1400% more... workers 18% more... inflation is 30%....

so you are just going to sit there and tell everyone its fine that the CEO's are getting that much more over everyone else?

If the pie is ever expanding, as inflation allows and is the stated goal of the FED, how does a billionaire having more pie (assets) hurt you?

 

[fatpiggy]

We also know, that if we confiscated the wealth of all our billionaires (this would ignore the value they created in the meantime) it wouldn't make a dent in the countries finances. It would not affect how the country is run one iota. All the same problems would still be there. So, now we have confiscated their wealth, what's th plan? Find a good leader? Because we just ran all the good ones off.

The demonization of billionaires just because they are billionaires needs to stop.

I'm 100% with you though on people who have inherited their wealth. What gives them a right to have outsize influence? Im a big fan of the inheritance tax.

 

[firegiver]

If the pie is ever expanding, as inflation allows and is the stated goal of the FED, how does a billionaire having more pie (assets) hurt you?

if in 1977 a family split the pie one way and then 45 years later one person in that family gets 1400% more of that pie than they did previously, theres less pie for everyone else in that family.

stock buy backs becoming legal in this country also took up the pie. Workers have LESS PIE today than they did previously.

 

[fatpiggy]

if in 1977 a family split the pie one way and then 45 years later one person in that family gets 1400% more of that pie than they did previously, theres less pie for everyone else in that family.

stock buy backs becoming legal in this country also took up the pie. Workers have LESS PIE today than they did previously.

There is not less pie for everyone in the family. That is a false premise.

By any measure the pie is bigger than 45 years ago. The people that used to get the smallest slices, still get the smallest slices. However, what used to be a small slice, is now a great big slice. The smallest slice now is bigger than the biggest slice a family member from 45 years ago could ever dream of. We are all better off, from the smallest slice to the biggest slice.

 

[fatpiggy]

if in 1977 a family split the pie one way and then 45 years later one person in that family gets 1400% more of that pie than they did previously, theres less pie for everyone else in that family.

stock buy backs becoming legal in this country also took up the pie. Workers have LESS PIE today than they did previously.

Also, I'm ears to the stock buyback argument. But in the end, value is value. It doesn't really matter who purchases the stock.

Either the money goes back to the shareholder through stock buy backs or through dividends. I'm not 100% sure what the difference would be? Dividends get taxed more than capital gains so that could be one argument. But we see the results of that tax policy now. The SPY only pays about 1.5% dividend when it seemingly should be higher. The reasoning is because companies would rather buy back their owns stock to reward their shareholders with long term gains and long term rates as opposed to paying them dividends where they face short-term rates.

 

[scotchtiger]

View embedded media

Donald Trump: "We're going to terminate the Green New Scam."

"Why aren't we creating great energy plants, great sources of energy, instead of playing this game with wind that is ruining everything, killing all your birds, destroying the fields... It's a green scam."

"I'm all for clean energy... but you can't destroy your country over it... It's not going to fire our plants. Fire up those plants. We've got to get them going. And the only thing that can do that is fossil fuel right now... fossil fuel and nuclear."

Landman FTW:

 

[fatpiggy]

Landman FTW:

View embedded media

I 100% agree with you that wind is not the answer.

Side note: EV's will be the answer because they drive better, not because they are better for the environment.

All things equal, consumers will take an EV 9 times out of 10 once they know the difference.

 

[dpic73]

I 100% agree with you that wind is not the answer.

Side note: EV's will be the answer because they drive better, not because they are better for the environment.

All things equal, consumers will take an EV 9 times out of 10 once they know the difference.

 

[fatpiggy]

View embedded media

I guess that proves Tesla doesn't need Lidar!

And EV's and self driving are different things. You should try an EV out, they just drive better. Not even close.

 

[TigerGrowls]