Yet we subsidized any1 who owned a business (no matter the legitimacy & what kind of business) as well as handing out tax free paychecks to unemployed high paying professions while so called “heroes” were working low wages & still paying taxes on their wages during covid.
@newrepublic This isn't true.
You can get any degree they want, but you can't use a federal loan unless the degree earns (on average) more than a high school graduate with no degree.
Pay for it yourself. Don't make taxpayers pay for it.
It's absolutely fucking crazy how we're letting dilapidated old white men who won't be around in 10 years destroy the planet for profits they can't take with them. It's insane.
Y’all, I canceled over half of my streaming subscriptions yesterday. I’m honestly at the point where I’d rather buy a Blu-ray or DVD and own the thing forever than keep paying $20+ every month just to watch it with ads. We really went backwards.
“Disney+ will now have ads on every plan.”
You know what? Where the hell is my DVD player? I’m ready to go back to buying movies, owning them forever, and watching them in peace.
Tap, hold and load El Niño in 4K.
The new ECMWF seasonal outlook predicts a +4.1°C peak in December — which would easily make this the strongest El Niño on record.
A once-in-a-generation event.
Weird yr so far, kind of fascinating but scary. 1st time I’ve heard of a hurricane causing snow (Hawaii), 1st time wet bulb has been constant 70F majority of the summer, along w/ the on/off drought mixed w/ severe tstorms. El Niño about to devastate our environment & food. #vawx
Full stop guys .
The oil price is now officially being manipulated to save the US economy
Negative events are being sold as positive, it seems like a direct intervention by the government
This won’t hold for long . CAREFUL . Red Sea is now the new Hormuz
$350B in reconciliation? What is left to tax from everyone not in the 1%??? What is there to cut from spending programs??? Everything has been gutted EXCEPT taxes on the 1%. Take money from their piggy bank to pay your war. This is treason at this point.
“does load the dice for late 2026: our dashboard currently gives this yr a (28%) chance of edging out 2024 as the warmest on record, up from 13% at the start of the month.”
“Screw that! Let’s drill baby drill & start multiple forever wars instead of climate change - DJT”
“What does all this mean for global temps? Because global temps lag ENSO by around 3 to 5 months, most of this event’s warming will land in 2027, which is now shaping up to be a genuinely alarming year & the warmest on record by a sizable margin. But a strengthening El Niño does
Your 'Godzilla El Niño derangement syndrome' quote for today:
"it looks like this year’s El Niño is not only very likely to be the strongest event since reliable records began – it may end up the strongest by a truly mind-blowing margin."
https://t.co/T5Ka2DAnCY
gotta pay for our $4M dollar patriot interceptors somehow. But what you can’t monetize is the lives that will be lost to maintain this forever war. Terrorizing a terrorist only leads to extortion, but we have our own domestic terrorist extorting the world. Impeach this lunatic!
The US is about to charge $30 million per tanker to cross the Strait of Hormuz.
Trump just declared the US the "Guardian of the Hormuz Strait" and said it will take a 20% cut on all cargo passing through.
Here is what that actually means.
A fully loaded supertanker carries about 2 million barrels of oil. At $75 a barrel, that cargo is worth roughly $150 million.
A 20% fee on that is $30 million. Per ship. Per crossing.
Now compare that to what Iran was charging.
Iran's toll has been running at $1.5 million to $2 million per vessel. On a $150 million cargo, that is about 1.3%.
Trump called that toll unacceptable. His replacement is roughly 15 times more expensive.
The scale of this is what nobody is talking about.
Before the war, 20.3 million barrels of oil crossed Hormuz every single day. At $75 oil, that is $1.52 billion of crude moving through the strait daily.
A 20% cut on that comes to roughly $304 million a day.
That is about $111 billion a year.
For comparison, Iran's entire toll system was projected to earn $1 billion to $2 billion a year at best.
The US plan would collect more than 50 times that.
There is no precedent for this anywhere in global trade.
The Suez Canal charges roughly $300,000 to $700,000 per vessel. The Panama Canal is similar. Both are man-made canals that countries built and maintain.
Hormuz is a natural waterway. Under international law, ships have a right of transit passage through it. That is the exact legal argument the US used against Iran's toll.
And the cost does not land on the US.
It lands on Saudi Arabia, the UAE, Qatar, Kuwait, and Iraq, who ship the oil. And on China, India, Japan, and South Korea, who buy it.
A $30 million fee per tanker works out to $15 per barrel. That gets passed straight into the price of crude.
Oil is already up over 4% today.
The strait that was supposed to reopen and lower prices is now being turned into the most expensive stretch of water on earth.