afraid_of_zombies

@afraid_of_zombies@lemmy.world

Hail the Omnissiah! Praise be to the machine-god.

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afraid_of_zombies,

I don’t think there are many people on earth whose eyes are literal black dots, no nose, and a Glasgow smile made solid black. Must suck for them.

afraid_of_zombies,

I have offered so many prayers to him over the years

afraid_of_zombies,

If you add “ing” to a noun it is the verb form. Thus using Edge is Edging

afraid_of_zombies,

One day authentication of new users will be impossible and the only way to get on will be to purchase it from someone who already has it. Entire companies will run on a single account hey bought for millions of dollars. News stories will run of a vengeful or negligent employees bricking the one corporate account, until a cartel of business owners attempts to corner the market.

afraid_of_zombies,

Sounds about right. Pieces of garbage would charge us by weight if they could.

afraid_of_zombies,

I felt that way last night with my youngest who really wanted to read with me. We did and it was worth it

afraid_of_zombies,

https://lemmy.world/pictrs/image/34c89115-f4f8-4f97-9c36-8b9dafda86a8.jpeg

At a hotel I stayed in this summer

afraid_of_zombies,

My policy is to buy Harbor freight and when the tool dies from being used to buy a good one.

afraid_of_zombies,

I want a complete DeWalt set and the time at home enough to justify using each and every tool until it does from usage

afraid_of_zombies,

That way we can communicate how we can’t afford mediation, food, or housing.

afraid_of_zombies,

Have a heypenny for a meat pie, good sir

afraid_of_zombies,

It’s fine I read Oliver Twist, I know all about your landlord.

afraid_of_zombies,

Working in coal mine to save up to be a lord.

Do you have many Dickinsian friends? Do they wear stovepot hats? Were they street urchins?

afraid_of_zombies,

My landlord inherited 17 houses and hasn’t worked a day in his life. I inherited male pattern baldness.

afraid_of_zombies,

Who cares if most of it is owned to rich Americans. If anything it is all worse because you are creating a totally non-thinking investment, an easy way for the rich to keep their money instead of them trying stuff like starting new ventures. Ever heard of the crowding out effect?

Yes the US controls its own money supply in very vague sense of the word “control”. If the fed tried printing it’s way out of debt inflation would cause collapse.

afraid_of_zombies,

I don’t think so. Seen a bunch of studies on it and pretty much no economist backs student loan amnesty while all of them backed the bank bailouts.

Even sent a few emails out to a few and they all confirmed that they did hold these two positions.

Plus you have an entire lobbying company that provides rent-economists for subcommittee hearings. You pay them, they get an economist to testify under oath that the policy you want is the best policy.

afraid_of_zombies,

They also gave GM a 45 billion dollar stock swap and GM never paid it back. They paid back the loan but not the stock swap. Every time I hear people brag about how the government saved GM I wonder what amazing things any company could do with not only 45 billion to play with but the government ensuring that no one could take them down for a year.

Give me 45 billion and the full faith and credit of uncle sam, I will create so many jobs.

afraid_of_zombies,

Bailouts are worse. Whatever you subsidize you get more of, so if you subsidize financial mismanagement you get more of the same. It is called a preverse incentive a term I am sure your economics 101 class didn’t mention for a reason. The same reason why preachers don’t mention the stuff about Jesus saying to pay taxes.

It is better to let the banks fall, FDIC the accounts, and make sure the bankruptcy courts make recommendations to the AG office for criminal prosecution.

Besides which there was really no danger of AIG or Goldman folding. They lied about their financial situation. By the time it crashes they had moved all of their toxic assets into pension funds.

afraid_of_zombies,

And there is a shit ton of people going bankrupt over medication costs, housing costs, and student loan debt. Do you care about those issue as much as you care about giving a car corporation more money to make oversized gas-guzzlers?

afraid_of_zombies,

Sure they do. With your pension they are bold.

afraid_of_zombies,

And you really like downplaying how shit things are.

Let me ask you this: if the US is so bad at managing the debt it owes to its people, how come we have functioned as an economy under that debt for the last several decades?

Let me ask you this: if smoking or being overweight is so bad for your health how come people can do it/be for several decades?

Got it? No? Alright let me break it down. Most of the debt we have was built up starting from 2001. A combination of two wars, tax cuts, defunding the IRS, and bailouts. So it isn’t several decades it’s 2.5. Now in that time period there have been 3 government shutdowns or 1 per 7 years. The current debt to collections ratio is second highest of a nation in the world and every other (ok not Japan) government hovering around that ratio owes money to the IMF which is another way of saying it is easy to erase.

The types of debt the US carries is far from simple with 10s of millions of individual creditors. And unlike Japan the high debts were accumulated in infrastructure, it was not for war or to give the wealthy a tax break. If the Japanese default they will still have their highways, if we default we still can take comfort in turning Iraq into a smouldering pile of rubble.

Our debt is huge, new, complex, and we have nothing to show for it. As long as it remains it grows faster than tax revenues grow to service it. Which means our government runs less efficiently. This is real dollars and cents. Projects don’t happen, food stamps don’t go out, roads don’t get repaired and all the while more and more money is transferred via income taxes to people who are already wealthy enough to buy our debt. Meanwhile the typical ways of getting out of debt remain out of reach. We can’t print money without inflation, we can’t get it forgiven because we don’t have one single major creditor, we can’t raise taxes because that would be unpopular, and we can’t cut anything without sending chaos out there.

But I forgot, since we aren’t immediately in risk of dying we have no risk of it. Have you considered a career in insurance?

afraid_of_zombies,

No bailouts make sense ever. If you really want to give free money to people just give it to them. You don’t need to make sure that their shitty employer is still shitty tomorrow.

afraid_of_zombies,

People like you are the reason why everyone is so broke. You care about your tribe and no one else. Did your UAW workers get a pay raise? Cool, and fuck everyone else. Give me free money

afraid_of_zombies,

That seems fair. If the powers that be where I work for offered me to invest in the comoany itself I would do that. I bet I would get a better return over an index fund the way business is going. Of course they would find some way to fuck it up and corrupt it.

afraid_of_zombies,

There is also a lobbying effort behind it. We can’t ignore that economists continue to argue for bank bailouts and against welfare programs.

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