Bill Kristols former influence on the Republican party captures something about the previous faux intellectual establishment. Violent, grandiose, tacky, and dishonored the party once thought of as worthy of care and respect.
"This Sunday nightβs UFC spectacle on the South Lawn...captures something about this moment in our history.
It's vulgar, violent, commercial, grandiose, tacky, and it dishonors a place once thought worthy of care and respect. In other words, itβs Donald Trump."
https://t.co/YSuFldfj70
Over the last couple weeks, a hypothesis that I have come to feel more strongly about is this:
If market forces were allowed to run, the AI rally and boom will at least a couple it years the run.
The catalyst for a bust will come from a bipartisan political consensus to regulate AI in a form that smells like revenue sharing or something that has a whiff of nationalization.
The year would be 2028, when both Democrats and Republicans would try to outdo each other on who can come up with a stricter AI regulation proposal.
It took almost two decades for politicians to come to an agreement on the impact of the China shock.
The pace of convergence toward that bipartisan backlash for AI is happening much much faster.
@DA_Stockman Your takes are better when you have your TDS under control. " Monetizing the debt is what causes inflation", that's true. And the you blow up the credibility of your post with "[Trump] ignited inflation" with a way you don't like.
What is inflation to you Stockman ?
@CryptoPicard@Cernovich If you want to spend money and what you currently have is an investment, you then need to do one of two things: sell that investment or borrow against it. (You can't spend an investment)
Borrowing incurs interest expenses.
Selling incurs taxes.
Choose your poison.
@CBpublius@cryptoedge37@BowTiedBull If you want to be leveraged, be leveraged.
If you want to spend money - you're either paying taxes or interest costs and taxes are cheaper if you are not going to pay it back for a period of longer than (tax rate/interest rate).
@BowTiedBull You think paying interest expenses far in excess of taxes is smart and desirable but those worth $35M aren't trying like hell to avoid $2M in estate taxes?
@cryptoedge37@BowTiedBull But borrowing isn't free. Interest costs far exceed tax costs in a fairly short period of time. This is horrible long-term advice.
Western Civilization didn't flourish because "white males" stopped other groups from succeeding.
The West thrived because of rational thought, individual rights, and free enterprise.
"White males" that invented the steam engine, electric generation, the combustion engine, flight, and space exploration did not do so because they "stole" the ideas of minorities.
These inventions helped lift mankind out of ignorance and hardship, improving the quality of life for all of humanity.
"White males" didn't oppress the entire world, they helped make it a better place.
"White males" didn't oppress everyone's rights, they invented the idea of rights and paid in blood to liberate tens of millions of people.
"White males" didn't invent slavery, they ended it.
"White males" didn't invent tyranny, they devised a form of government to end it.
Destroying Western Civilization isn't about empowering groups that were "oppressed." It is about tearing down civilization itself so that globalist parasites can rule over all of us.