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11
AmericanKulak
2022 Jun 14, 6:10am
AmericanKulak
2022 Jun 14, 6:10am
One great way to prevent the Cali Exodus is to campaign WITH Wokies to make 6 month residency a requirement to collect the pension, or pay a 30% tax.
"Show Solidarity - Teachers, Clerks, etc. - You Must Stay in California"
Government Employees lean left, let them stay in California and help maintain the system that maintains their pension. NY, IL, etc. too.
"Show Solidarity - Teachers, Clerks, etc. - You Must Stay in California"
Government Employees lean left, let them stay in California and help maintain the system that maintains their pension. NY, IL, etc. too.
12
Goran_K
2022 Jun 14, 6:13am
Goran_K
2022 Jun 14, 6:13am
AmericanKulak says
I like that idea. Very creative and logical. Blue types would love it as well. Win win.
One great way to prevent the Cali Exodus is to campaign WITH Wokies to make 6 month residency a requirement to collect the pension, or pay a 30% tax.
"Show Solidarity - Teachers, Clerks, etc. - You Must Stay in California"
Government Employees lean left, let them stay in California and help maintain the system that maintains their pension. NY, IL, etc. too.
I like that idea. Very creative and logical. Blue types would love it as well. Win win.
13
B.A.C.A.H.
2022 Jun 14, 7:40am
B.A.C.A.H.
2022 Jun 14, 7:40am
AmericanKulak says
I know several who stampeded out of California with their public employee pensions, to low-tax or no-tax states, leaving us Tax Donkeys behind to pay for it.
Government Employees lean left, let them stay in California
I know several who stampeded out of California with their public employee pensions, to low-tax or no-tax states, leaving us Tax Donkeys behind to pay for it.
14
richwicks
2022 Jun 14, 7:55am
richwicks
2022 Jun 14, 7:55am
Misc says
They will just borrow it. We're in the end game. Interest rates will continue to go up, otherwise people are going to start starving and that will lead to real unrest.
Misc says
Haha - the Fed will just create more money. They will loan to banks $ at near 0% and allow the banks to buy Treasury Bonds. This is Quantitative Easing.
I have had this conversation a few times with a friend - inflation or deflation? I'm of the mindset that they will try to hurt as many people as possible, so we're going to see (paradoxically) DEFLATION. But I could be wrong. I think a significant number of people have ARM mortgages. Raise interest rates to around 10%, and they are screwed, bank gets their home for literally free.
People have to be made to feel it's "their fault" that they cannot afford to eat. Inflation makes people think that interest rates MUST go up. That will bankrupt a lot of people, but "what choice did the government have? I shouldn't have taken on so much debt, especially a non fixed interest rate. I'm stupid. This is my fault..."
If not one or the other or a combo of both, that leads to an extra $900 billion of debt that needs to be financed.
They will just borrow it. We're in the end game. Interest rates will continue to go up, otherwise people are going to start starving and that will lead to real unrest.
Misc says
The math just doesn't pencil out. The banking cabal hopes that the economy grenades so that it can go back to zero or negative interest rate policy.
Haha - the Fed will just create more money. They will loan to banks $ at near 0% and allow the banks to buy Treasury Bonds. This is Quantitative Easing.
I have had this conversation a few times with a friend - inflation or deflation? I'm of the mindset that they will try to hurt as many people as possible, so we're going to see (paradoxically) DEFLATION. But I could be wrong. I think a significant number of people have ARM mortgages. Raise interest rates to around 10%, and they are screwed, bank gets their home for literally free.
People have to be made to feel it's "their fault" that they cannot afford to eat. Inflation makes people think that interest rates MUST go up. That will bankrupt a lot of people, but "what choice did the government have? I shouldn't have taken on so much debt, especially a non fixed interest rate. I'm stupid. This is my fault..."
It was never normal having 0% interest (free money) or 0.01% interest rates on savings accounts. Welcome to the end of the "Everything bubble". Call me an optimist, but I think we'll be better in the long run. Everyone's predicting stagflation, but I expect we'll see this bear market be swift and decisive. Thoes that can survive will have buying opportunities end of this year and next, foloowed by slow and steady growth from 2024 to about 2030.