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BigBopper

@Bopper987

Those in the right don't fear the light Here to learn and spread the truth

Illinois, USA Katılım Eylül 2020
10.3K Takip Edilen9.8K Takipçiler
BigBopper
BigBopper@Bopper987·
@HealthRanger I believe he also said that with the advancement OF AI happening so quickly there is going to be some very bad years ahead for a large part of the human population before that happens
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HealthRanger
HealthRanger@HealthRanger·
Elon promises a "Universal High Income" for everyone. Let's suppose that means $10K per month for 100 million Americans. Here's the math: 100 million people × $10,000/month × 12 months = $12 trillion per year. To put that in context, total federal spending in fiscal year 2024 was roughly $6.75 trillion, and total federal revenue was about $4.9 trillion. So this single program would cost nearly twice the entire existing federal budget and about 2.5× all federal tax revenue. It would roughly triple total government spending overnight. U.S. GDP is roughly $29 trillion. A $12 trillion UBI program would equal about 41% of total GDP -- being directed as cash transfers to a subset of the population. For comparison, all current federal transfer payments (Social Security, Medicare, Medicaid, veterans' benefits, etc.) combined run around $4–5 trillion. The M2 money supply (cash, checking deposits, savings, money market funds) sits at roughly $21–22 trillion. If the program were funded by money creation rather than taxes, injecting $12 trillion per year would expand M2 by roughly 55% in the first year alone. Even if a portion were funded through taxation (which just redistributes existing money), the sheer scale makes it nearly impossible to fund without massive monetary expansion. The inflationary pressure would be enormous, for a few reinforcing reasons: First, demand-side shock -- putting $10,000/month into 100 million hands would massively increase consumer spending, but the economy's productive capacity (factories, housing, workers, supply chains) can't scale anywhere near that fast. When far more dollars chase roughly the same quantity of goods, prices spike. Second, labor supply contraction -- $120,000/year tax-free would exceed the median U.S. household income (~$80,000). Many workers would reduce hours or exit the workforce entirely, shrinking the supply side at the exact moment demand is surging. That's a double squeeze on prices. Third, velocity effects -- lower-income recipients tend to spend transfer income quickly, so the velocity of money would increase, amplifying the inflationary effect beyond what the raw money supply numbers suggest. A rough (and conservative) estimate: mainstream quantity-theory-of-money reasoning would suggest that a 55% expansion in money supply, combined with rising velocity and falling output, could produce annual inflation well into the double digits -- plausibly 30–50%+ in the first year or two, potentially accelerating into a hyperinflationary spiral if sustained. Historical parallels (Weimar Germany, Zimbabwe, Venezuela) all involved governments printing money at scales far smaller relative to GDP, and still produced catastrophic inflation. So no, Elon doesn't understand economics. And yes, a "Universal High Income" would quickly lead to hyperinflation and currency collapsing, thrusting almost everyone into extreme poverty.
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BigBopper
BigBopper@Bopper987·
@elonmusk If you want to get an idea of how well that will work look at social security
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Elon Musk
Elon Musk@elonmusk·
Universal HIGH INCOME via checks issued by the Federal government is the best way to deal with unemployment caused by AI. AI/robotics will produce goods & services far in excess of the increase in the money supply, so there will not be inflation.
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Thrilla the Gorilla
Thrilla the Gorilla@ThrillaRilla369·
If your Muslim neighbor says you must get rid of your dog to respect Islam, what would you do?
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Victor Bigham 🇺🇸
Victor Bigham 🇺🇸@Ravious101·
THE HUNTINGTON COUNTY INDIANA NEWS · Steve Harrison · · OPINION... I’m being taxed on money I never made. Let that sink in. I bought my property outright for $138,000 in 2001. Now the county says it’s worth $246,000. Did I sell it? No. Did I make a profit? No. Did I get a check for $246,000? No. But my taxes jumped like I did. That’s the problem. This isn’t income. This isn’t cash. This is a number someone decided on paper — and now I’m being billed for it. If my stock portfolio doubles, I don’t pay taxes until I sell. If my income doesn’t increase, I don’t magically owe more income tax. So why does owning a home work differently? Why am I being taxed on unrealized gains? A house isn’t just an investment — it’s where people live. And this system means you can do everything right, pay off your home, and still get squeezed harder every year because of a number you never turned into money. You don’t truly own something if you can be taxed out of it. This isn’t about “services” or “inflation.” It’s about being charged for value you never received. And people are starting to notice.
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Kevin Sorbo
Kevin Sorbo@ksorbs·
So the 12-year-old accused of shoving rocks in the mouth of a 12-year-old girl so his friend could r*pe her was just released by a judge. This is how you make repeat offenders
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USA NEWS 🇺🇸
USA NEWS 🇺🇸@usanewshq·
This is Judge Richard Hersch! He is a tiny man with big power. Today, Richard let a black teenager go home from jail. What did the teenager do, you ask? He held down a 12-year-old girl and shoved rocks in her mouth to stop her from screaming while he and his friend raped her.
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🎹 Ames™ 🎹
🎹 Ames™ 🎹@Real_Ames·
🚨 Kicked out for her politics? The owners of a Little Rock bakery asked Governor Sarah Huckabee Sanders to leave while she was dining—claiming her views made staff feel “unsafe.” Let that sink in. Not behavior. Not disruption. Just… her political beliefs. When did disagreeing with someone become grounds to deny service in America? 👉 Would you support a business doing this—or boycott it? I think we need to boycott.
🎹 Ames™ 🎹 tweet media
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SaltyGoat
SaltyGoat@SaltyGoat17·
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DC_Draino
DC_Draino@DC_Draino·
Mamdani is now offering taxpayer funded babysitting for illegal aliens while he raises taxes on middle class American citizens, defunds the police, and refuses to condemn criminals who attack NYPD cops. Things are going to get so much worse in NYC. Strap in.
End Wokeness@EndWokeness

🚨 Mayor Mamdani and AOC release ad to encourage illegal aliens to sign up for 𝙁𝙍𝙀𝙀 𝘾𝙃𝙄𝙇𝘿𝘾𝘼𝙍𝙀, in Spanish

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BigBopper
BigBopper@Bopper987·
Today it's snow tomorrow is bottles
Sergeants Benevolent Association@sbanypd

Today it is snowballs. Tomorrow it could be rocks, bottles, or worse. Statement from SBA President Vincent Vallelong regarding the attacks on NYPD Police Officers in Washington Square Park. Dear Fellow Sergeant, We cannot condemn strongly enough the recent disgraceful and dangerous attacks on NYPD Police Officers while responding to a 911 call in Washington Square Park. While some people may attempt to dismiss this incident as college hijinks or harmless kids throwing snowballs, the deliberate targeting of uniformed Police Officers by hurling objects at them while they perform their lawful duties constitutes an assault. The behavior of the people throwing the snowballs, many of whom are believed to be NYU students, was reckless and unlawful, and put the lives and safety of others at risk. Police Officers exercise extraordinary restraint every day under increasingly challenging circumstances. They are tasked with maintaining public safety in crowded public spaces, often while facing hostility simply for wearing the uniform. When individuals choose to turn a park into a launching ground for attacks on police, they cross a clear line. Today it is snowballs. Tomorrow it could be rocks, bottles, or worse. No worker in this city should be subjected to having objects thrown at them while they do their job — least of all the men and women who run toward danger to protect others. This conduct emboldens further disorder and undermines respect for the rule of law. Perhaps a bigger question is why the mayor and other elected officials were so silent after this incident occurred? Why did we hear nothing from Manhattan District Attorney Alvin Bragg or NYU officials? We call on city leadership, prosecutors, and the courts to treat these incidents with the seriousness they deserve. Those who assault Police Officers in any way must face appropriate consequences. Failing to do so sends the message that attacking an officer is acceptable behavior. It is not! The members of the NYPD will continue to serve and protect every New Yorker — even those who show them disrespect. But they deserve the full support of city officials and the public when they are so brazenly attacked. Fraternally, Vincent J. Vallelong President Sergeants Benevolent Association

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NYC PBA
NYC PBA@NYCPBA·
PBA BLASTS MAYOR'S 'FAILURE OF LEADERSHIP' RESPONDING TO ATTACK ON POLICE OFFICERS.
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Alexis McAdams
Alexis McAdams@AlexisMcAdamsTV·
NEW: NYPD asking the public to help identify these two men who threw huge pieces of snow and ice at NYPD officers – causing head, neck, and face injuries. @FoxNews @NYPDnews
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