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@LesseJivermore
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."
Katılım Eylül 2019
167 Takip Edilen83 Takipçiler
@tvmpoy @sharghzadeh If you get a refund if you don’t use it you will pay there will be no insurance you can get. If you then kill someone with your car, you will pay every single dollar you will ever earn to cover the damages. Still sounds good to you?
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@sharghzadeh Dumb fuck communist. The forced insurance should be refunded to you if tou dont crash or use it. The extra stuff like coverage and theft should not be. It isnt even an insurance it’s a fucking annual membership to be able to drive on the road with a car you fucking own.
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Forget the breakfast question, my IQ test is whether people understand insurance
SC Coast@ScCoast
Car insurance is a fucking scam. Lifetime I’ve paid over 100k in car insurance. Maybe used it 3 times for 5k tops. What a joke
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I need some new fiction books. Over the last few months, I’ve read Solaris, Blindsight, Silence, Permutation City, and Project Hail Mary.
I have the Dungeon Crawler Carl series, The Sparrow, and Children of Time. It doesn’t have to be sci-fi, but that is obviously my fav
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😂🤣 This the type of mental illness we are dealing with...
Climate Warrior🐬 #ClimateJustice🇵🇸🏳️⚧️🏳️🌈@ClimateWarrior7
Climate change deniers: we have hail the size of golf balls here in Tuscany. The hail will get bigger and bigger unless we stop using oil and cycle to work more. How do you explain this? Yet again climate deniers have no explanation.
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@dampedspring @AahanPrometheus Man what little sense this sentence would make to a person outside of finance haha
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@AahanPrometheus lol. I'm flat too! But looking to buy the puke
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LOL
This signal just went flat (was short)
It's my @dampedspring replication
@aahan_prometheus@AahanPrometheus
GM Give me a good reason to own US Treasuries over the next 6-months? (Excluding Recession)
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I really hope they weren’t storing my $SBER dividends there…🤭
Visegrád 24@visegrad24
Today in Russia
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@Karl_Lauterbach zusätlich zu den 18,6 prozent fließen doch noch 25% des bundeshaushalts also praktisch bis zu weitere 10,5% des einkommens direkt in die renten, und dazu fließen dann bald fast 30% des haushalts oder praktisch bis zu 12,5% des einkommens in die militarisierung. Das macht 40%.
Deutsch
@luckystrike_44 @PeterSchiff @xxyllinn So the banks deliberately created a global financial crisis to get less profitable and a lot more regulated than they were pre 2008, checks out
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@LesseJivermore @PeterSchiff @xxyllinn The banks sit on the board of the federal reserve. They are one.
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@luckystrike_44 @PeterSchiff @xxyllinn Sure they make money writing loans, but they also lose money when the loan defaults. Now if you make money to cheap, like the fed did, and backstop the system by bailouts, you will get more risky lending behavior by banks. That should be critiqued, not the banks themselves
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@LesseJivermore @PeterSchiff @xxyllinn They are doing it again right now with sub prime auto loans. They know exactly what they are doing. They make money by writing loans, they have no incentive to not write loans.
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@luckystrike_44 @PeterSchiff @xxyllinn It’s just that moral hazard was created by the fed to take excessive risk, which the banks took on. I don’t think many people were aware on how faulty the loans were. If that would have been the case, the whole crisis wouldn’t have happened
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@luckystrike_44 @PeterSchiff @xxyllinn Banks create money with very little with no need for reserves, I agree with you there.
The banking executives certainly didn’t want to lose money on bad loans in 2008.
Or do you truly think that they all knew how it would go and went for it anyway. Certainly not.
1/2
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@luckystrike_44 @PeterSchiff @xxyllinn So banks don’t care if you pay back your loan? If a business goes under and a bank has it on its books, it won’t be shown as a drag on their pnl? That’s the basis of your world view? Come on
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@LesseJivermore @PeterSchiff @xxyllinn Banks get the money they lend from the federal reserve. They operate on low to no reserves. The federal reserve prints money from thin air, nobody lent it to them. When a business goes under it just adds to the pool of inflation. Nobody takes a loss and the Banks do not care.
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@luckystrike_44 @grok @PeterSchiff @xxyllinn No bank will give you even close to 40k credit card volume on an LLC credit card, so if you don’t want to end up in personal bankruptcy, this isn’t possible.
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@grok @LesseJivermore @PeterSchiff @xxyllinn So if a business owner uses $40000 of credit card debit to start a business and that business fails a year later the credit card debit can be wiped away in a chapter 7?
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@luckystrike_44 @PeterSchiff @xxyllinn Go ahead and try to get money from a bank for an idea that’s destined to fail. Won’t happen.
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@PeterSchiff @xxyllinn It's not really risk when employers can borrow money printed from thin air and then just file bankruptcy if the business goes under and walk away.
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@AxelFlasbarth @HubertAiwanger Der Steuerzahler mag Tod sein, sein Recht vor dem Tod über den Verbleib seines Vermögens eigenständig zu entscheiden jedoch nicht.
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@HubertAiwanger Nein, das Eigentum fleissiger Bürger wird bei der Erbschaftssteuer nicht abkassiert. Diese fleissigen Bürger sind zum Zeitpunkt der Steuerpflicht idR schon tot.
Besteuert wird das Einkommen der Erben, das im Vergleich zu Arbeitseinkommen eher leistungslos erworben wurde.
Deutsch
„Gerechtigkeitslücke bei der Erbschaftssteuer schließen“ heißt im Grünensprech: das Eigentum von fleißigen Bürgern, die sich über Generationen ein Haus, eine Firma und Eigentum erarbeitet und erspart haben, soll noch mehr abkassiert werden um die verfehlte Sozial- und Zuwanderungspolitik und das ganze NGO-Geflecht drumherum, wo man die im realen Leben gescheiterten linken Genossen unterbringt, zu finanzieren. Bei der #ERBSCHAFTSSTEUER gibt’s nur eine Gerechtigkeit: #ABSCHAFFEN!
phoenix@phoenix_de
Die Bundesregierung saniere ihren Haushalt auf dem Rücken von Familien und Alleinerziehenden, anstatt "die Gerechtigkeitslücken bei der Erbschaftssteuer zu schließen", kritisiert die Parteivorsitzende der Grünen, Franziska Brantner.
Deutsch
@NoerholtDK @AndreasSteno Well, that kind of makes my point irrelevant. Should have checked that. Thanks for the patience lol
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@LesseJivermore @AndreasSteno Drug spending is less than 10% of US healthcare expenditure.
And the drug manufacturers only get around 50% of that revenue.
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I hate high taxes, but why anyone would die on the hill defending the U.S. healthcare system is beyond my understanding.
You can't find a system anywhere on Earth that delivers worse value for money.
Incredibly expensive. Mediocre outcome.
Michael A. Arouet@MichaelAArouet
It always makes me laugh when naive US leftists talk about "free healthcare" in Denmark. You pay a 60% top income tax rate and then 25% VAT when you want to buy anything. You can barely afford anything and then wait four months for a specialist appointment. Nothing is free.
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@NoerholtDK @AndreasSteno Or, if Americans wouldn’t overpay, marginal drugs wouldn’t be developed at all. That’s not to say that the American system isn’t inefficient, there is just more to it than this graph
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@NoerholtDK @AndreasSteno Obviously it’s not directly included. What I’m saying is, if Americans wouldn’t overspend for their drugs, the rest of the world wouldn’t have to ability to underspend on them
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@NoerholtDK @AndreasSteno How so? America subsidizes R&D because biotech can charges way higher prices in America for new drugs.
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