United States Biden administration policies and actions - megathread
- Thread starter Tyzuris
- Start date
With our money no doubt....
AnimalNoodles
Well-known member
With unlimited oceans of billionaire financed NGO money.
Terthna
Professional Lurker
With money, I assume. As for where they're going to get said money; they can always print more. Well, until they suddenly can't anymore; but that's a problem for the future.
bintananth
behind a desk
The "they can always print more" is similar to what a college Econ professor who also worked for the Federal Reserve once said during a lecture in response to a question. "It's only money, we can always print more". He made it a point to emphasize the word "always".
Chaos Marine
Well-known member
*Coughs*
The infuriating thing about the "domestic extremism" crap is how paper thin the pretense is, and how quickly it would collapse if it was faced with any rel scrutiny.
The left is correct when they claim that the vast majority of violent extremists that reach the level of murder and other severe crimes are racist white dudes, far more so than any other group. What they are lying about is the actual scale of the problem, or at the most honest, briefly acknowledge the scale before breathless speculating about how it could totally get worse.
Per the ADL, hardly a bastion of right wing thought, right wing extremists killed 17 people last year. No, I did not mistype that. Seventeen. In the past 10 years, exteremists of all stripes killed a mere 429 people.
The level of resources and attention being given to this issue, vs the level of threat that those resources are being marshaled to oppose, is almost disgusting. There's talk of spending hundreds of millions of dollars to fight "domestic extremism", and that level of waste is criminal. The government could probably save more people if it just dumped the money in a big pile and set it on fire, since we probably have at least few dozen homeless people freeze to death each winter.
The left is correct when they claim that the vast majority of violent extremists that reach the level of murder and other severe crimes are racist white dudes, far more so than any other group. What they are lying about is the actual scale of the problem, or at the most honest, briefly acknowledge the scale before breathless speculating about how it could totally get worse.
Per the ADL, hardly a bastion of right wing thought, right wing extremists killed 17 people last year. No, I did not mistype that. Seventeen. In the past 10 years, exteremists of all stripes killed a mere 429 people.
The level of resources and attention being given to this issue, vs the level of threat that those resources are being marshaled to oppose, is almost disgusting. There's talk of spending hundreds of millions of dollars to fight "domestic extremism", and that level of waste is criminal. The government could probably save more people if it just dumped the money in a big pile and set it on fire, since we probably have at least few dozen homeless people freeze to death each winter.
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Because they know that they are in the wrong and know that the right wing people will stop thier rioters. So arrest and punish those that would and let your terror group run free to keep you in power
Navarro
Well-known member
I would not trust this statistic further than i could throw its authors, no one except them knows how much advanced statistical wizardry was involved in creating it, like counting everything that even remotely fits the category that they want inflated, and discounting possible competition as another category. Sometimes on several different organizational levels.
So, for example, if some crazy guy who got into religion too much (see the massage parlor shooting) kills people because he's a nutjob, that probably is going to end up in many right wing terrorism and hate crime statistics, while media call him a racist white dude.
Meanwhile, consider a this specific situation:
2016 shooting of Dallas police officers - Wikipedia
en.wikipedia.org
He's a racist black dude who hates whites, cops, and especially white cops.
Not left wing in conventional sense. Not really Islamist though he may be Muslim. If the activists feel cheeky they may even put him under subcategory of "racial separatism" and that, in turn, under "racist murders", and if they are feeling particularly cheeky, they may even put "racist murders" under "right wing extremism" in general, voila, now they cannot fail to get the result they want. Screw it, they care about getting a big number for "right wing extremism", so that's what they do.
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Ok, but even with all that fudging and playing games with motives and who counts and who doesn’t, they can only scrounge up 30 or so incidents a year. It doesn't matter how they slice it, because even an exaggerated and distorted incident count results in a pathetically small threat.
Yeah, that's similar to the number of deaths by lightning strikes.
To put that in a more relevant context, US had about 20k homicides in 2020.
US murder rate jumps in 2020 to highest seen since 1990s
Murder rates in nearly every city across much of the United States jumped last year to the highest rates since the 1990s, data from a new crime reporting system from the FBI shows.
Terthna
Professional Lurker
You ever lean backwards in a chair? It feels like a safe enough thing to do at first, but if you lean back far enough (and it's difficult to tell what's too far until you get to that point), the angle becomes so extreme that you start to fall. That's basically the situation with out government printing money; you can do it to a point without causing much issue, but it's hard to know what that point is (since it involves people's confidence in the currency), and they've convinced themselves it will never be a problem.
That doesn't sounds like what someone who worked in either the fed or econ would say, unless he's being obnoxiously pedantic and pointing out that it's always going to be physically possible to run the printers and churn out more money.
You absolutely cannot just keep increasing the money supply indefinitely, or else you will start to have problems with inflation undermining the entire economy.
Chaos Marine
Well-known member
bintananth
behind a desk
He was making a point. When he needed a substitute teacher for the night class he taught here's who we got: William Poole.
Bill Poole was the President of the Federal Reserve Bank of St. Louis at the time.
Airedale260
Well-known member
Don’t worry, surely you saw how in current federal spending our illustrious president, who prides himself on being on the beat about waste, said there is no waste anymore? It’s fiiiine.
On a serious note, though, I saw a news report about how as much as half of all the money that was spent on PPP and unemployment benefits from the feds is believed to have been siphoned off and stolen by either criminal organizations (ranging from the Mafia to the Bloods, and yes, street gangs are into financial crime these days too), or by hostile state actors.
Yeah I read that as being tongue in cheek. Especially if the guy was buddies with Poole. That is seriously impressive.
Modern monetary theory claims you can shrink the deficit...somehow...without causing massive hyperinflation. The details, as with most such progressive pronouncements, are kind of fuzzy on the math and details.
bintananth
behind a desk
The guy was a bank regulator. He introduced himself by setting his briefcase down and saying, "I could have you lead away in handcuffs. Don't fuck with me."
The best and most memorable college professor I ever had. One of my sisters and one of our distant cousins also had him for several classes.
