monjas

A college economics professor stated that he had once failed an entire class. That class insisted that socialism is functional and that no one should be poor and no one rich, that everyone is equal... The teacher told them, "OK, we will do an experiment on socialism in this group. All grades will be averaged, and everyone will get the same grade, so no one will fail and no one will get a 10." After the first test, the grades were added up and divided by the number of students, and everyone got an 8. The students who studied intensively were upset, but those who studied less were overjoyed. As the second test approached, the students who had studied a little learned even less, and those who had studied more intensively told themselves that they also wanted a "handout", so they also studied less. The average of the second test was 6. When the third test was given, the average score was 4. To the great surprise of all the students, they all failed. The teacher told them that socialism will eventually fail because when half the population sees that they cannot work, because the other half will take care of them, and when the half that worked realizes that there is no point in working anymore, because others are the beneficiaries of their labor, then that is the end of any nation The story may be a fable not a fact but the moral is real Get it?

@MarsHomestead I'm very interested in the interest rate that X money offers. I currently use Ally for savings. They're somewhere in the 3-4%, which is very good. But 6% is crazy good!

@monjas99 It used to be a similar set up for my account too. I don’t know why they changed it to I need to have a loan with them. 😂 Will you switch to X Money when it rolls out to more people?

X Money just made me realize my “free” checking account may have quietly cost me almost $300. I’ve banked with the same major national bank for about 30 years. My checking account was free. At some point, apparently, it wasn’t anymore. The fee is more than $7 a month, and now that I’m looking back, I think this may have been going on for around three years. That’s almost $300. And I missed it because my other accounts show the monthly fee and then credit it back when it’s waived. So my brain was used to seeing the charge and moving on. Except apparently, on this account, the credit stopped coming. So today I finally clicked to see what I needed to do to make my 30-year-old checking account free again. Their answer? Open a credit card. Open a line of credit. Take out an auto loan. Oh. So after 30 years of banking with you, holding multiple personal and business accounts with you, and running who knows how much money through your bank… I need to go into debt with you to earn free checking? Yeah. No. Meanwhile, X Money is offering me 6% APY to keep my money there and 3% cash back when I spend it. One company is charging me to hold my money unless I borrow from them. The other is literally paying me to stay. And suddenly I’m not wondering how to get my checking fee waived anymore. I’m wondering why I still have the checking account. If X Money offered joint accounts and business accounts, I’d seriously be looking at moving the whole relationship. And that actually makes me a little sad. The people at my local bank know us. They’re sweet. We’ve been there for decades. But loyalty apparently doesn’t waive the fee. Debt does. Now I have a different question for the bank: How long have you been charging me, and can I have my money back? 👀😅

Amy Coney Barrett’s record tells a troubling story. Before Dobbs, she voted with the conservative position in 81% of non-unanimous cases. Since then, that number has dropped sharply into the 50–60% range in subsequent terms — including on major cases involving birthright citizenship, election procedures, and administrative power, where she has sided with Chief Justice Roberts and the liberals. The Dobbs leak triggered violent threats and protests aimed directly at Supreme Court justices. If the threat of violence or intimidation can move a justice’s votes on foundational issues, we have a constitutional crisis on our hands. Judicial independence is not optional — it is the foundation of the rule of law. When justices appear to bend under pressure, public trust collapses and the entire system is at risk. This cannot be allowed to stand. Threats against the Court must be met with zero tolerance, full investigations, and real consequences — no matter who makes them. Anything less is an attack on self-government itself.

@DeItaone Surges eh? Nice dramatic term. How about rises? You're almost as bad as the weather channel.

OIL SURGES AS TRUMP SAYS US WANTS 20% CHARGE FOR HORMUZ FLOW

@texasrunnerDFW Hmm, it's almost as if there were experimental rememdies that had not gone through proper safety studies that were mandated and promoted by government officials starting in 2020-2021. Weird.

Since 2020, 17 active members of Congress have died while still in office, with 15/17 being 65 or older In just 6 years, this is more than we lost from 2010 to 2020 and almost as many as we lost from 2000 to 2010 We need to have a serious conversation about term limits

Those Terms are Acceptable

@WatcherGuru They have those already. They're called databases.

JUST IN: $4.7 trillion JPMorgan says the biggest risk to Bitcoin isn't Strategy, but traditional finance creating private blockchains.

DR. DAVID E. MARTIN: "They called Hydroxychloroquine dangerous and ineffective during COVID. They banned it. They censored doctors who prescribed it. They let people die…" WHY? So the experimental mRNA shots could be the ONLY option. Here’s the jaw-dropping truth: The CDC didn’t start as the “Centers for Disease Control and Prevention.” It was literally the U.S. Malaria Suppression Program based in Atlanta, Georgia. For decades, the same institutions (and the Rockefeller-funded networks behind them) promoted and distributed Hydroxychloroquine as the frontline treatment for malaria. Then in 2020… they flipped the script overnight. They turned a safe, decades-old drug into public enemy #1. They knew effective treatments existed. They suppressed them on purpose. Because without real alternatives, they could justify rushing out the mRNA shots under emergency use — the biggest medical experiment in human history. This isn’t incompetence. This is calculated and criminal. Profitable and deadly. Millions suffered. Families were destroyed. All to protect a narrative and push a product. They must be held accountable.

If the $3,000 capital loss limit hasn’t been meaningfully updated since 1986, is the tax code punishing modern investors with ancient math?

If capital gains tax is really a tax on inflation, why should investors owe money just because the dollar lost value?

Platner drops out. Now Maine is going to let 600 Democrat party insiders pick the new candidate, replacing the guy that 156,000 people voted for. Just like the party kicked Biden to the curb and replaced him with Kamala. Tell me again which party is a threat to democracy.

@rechnen @GotItFromEbay @MarsHomestead Not if done right.

@monjas99 @GotItFromEbay @MarsHomestead Converted by *paying tax on it*

Trump Accounts are all over my timeline today, and for the first time I’m actually sitting here doing the math as a mom. Pearl is 12. So my questions aren’t political. They’re practical. I know the $1,000 seed is for qualifying newborns, but I’m curious whether opening one for an older child still makes sense. If I only have a modest amount to invest each month, is a Trump Account through the Invest America Act the smartest place for it? Or would I be better off putting those dollars somewhere else? I like the idea of tax-advantaged investing, an S&P 500 index fund, and helping kids get started toward a home, education, or even a business. I’m just trying to figure out what actually makes the most sense for an ordinary family. Parents, have any of you already done the homework on this?

@ZeroHedge_ Do you know why millions of kids in the US play soccer? So they don't have to watch it.

Hey remember that one time the entire US got into soccer until we lost? Yeah me neither.

Pfizer whistleblower, Peter Rost: "Big Pharma doesn't want cures... they want customers for life."

@JekPorkinsTrthr @GotItFromEbay @MarsHomestead Do more research.

@monjas99 @GotItFromEbay @MarsHomestead It's not going to be tax free for most people. At 18-22 when kids are making nothing, kiddie tax is implicated. If you wait to post grad, they likely have a job and make money.

@rechnen @GotItFromEbay @MarsHomestead Yes, it's post tax money that is given to the kid in an investment account that can be converted to a Roth and grow to be an enormous amount of money by the time they retire and withdrawn tax free. The point of it isn't for the benefit of the parent (or whoever contributes).

@GotItFromEbay @monjas99 @MarsHomestead Except the money you put into it was taxed, the whole point of a traditional IRA is that it's pre tax dollars.

@GotItFromEbay @MarsHomestead That can be converted to a Roth, tax free (if done correctly).

@monjas99 @MarsHomestead It converts to a traditional IRA.

@EJUnderTheRadar Some sprains take longer to heal than breaks.

Sounds like might be a sprain, not a break, but Oh my word...