My mom paid off her house in 2003.
Thought that was it. Thought she was done. Thought it was finally hers.
Property taxes were $1,800 a year back then.
She’s retired now. Fixed income. Same house. Same neighborhood.
Property taxes are $24,000 a year.
That’s $2,000 a month.
On a house she already paid for.
She’s 71 years old and the government sends her a bill every year just to stay in her own home.
You never really own anything in America.
You just make payments to a different landlord.
Don’t worry guys.
It’s totally normal for the no-name candidate deep in 3rd place to give a tear-filled concession speech on election night and then miraculously receive almost every Democrat vote in the 2 weeks after the election to defeat the most charismatic Republican candidate in decades.
Just another “safe and secure” election in LA.
@elonmusk Those who identify with the narrative do not care about your facts.
Their beliefs are not based on evidence.
Their beliefs will not change based on the presentation of evidence.
They will only change when their leaders change or their tribe incorporates another tribe.
George Orwell’s 1984 was published today in 1949.
“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.”
@shaguncrypto $10k - S&P…
$10k - Gold
$10k - real estate
$5K - museum quality art
$5K - crypto (mixed bag of top 25)
$10k - short term treasuries(to deploy in crash)
@steve_hanke Yes…
And…
It’s a requirement for the US Military to be the most AI enabled on Earth for it to be of any utility to push back against kinetic or any other AI enabled force inside 10 years.
I think crony state corporatism is to capitalism what gulags are to communism… the inevitable consequence of the system.
The difference is the opportunity in capitalism for the talented to freely innovate science & technology for profit & a dramatic reduction in poverty.
@Trustintrump47 No one cares. Trump is a Uniparty whore. We’re at war with Iran and all the Villains of the Epstein List are still Protected by corrupt government.
Just to be clear… Uniparty Republicans are blocking this.
This… and many other policy changes are being held hostage by the Uniparty to force Trump to fight their wars for their votes.
That… is why Trump today is unrecognizable from Trump on the campaign trail.
Andrew Jackson destroyed the Second Bank of the United States in 1836, delivering the single greatest blow to financial tyranny in American history. You won't hear this story told correctly in any economics textbook, because it reveals how central banking works: as a government-sponsored cartel that redistributes wealth from productive citizens to politically connected bankers.
The Second Bank held a 20-year federal charter starting in 1816. It controlled the money supply, issued currency, and held government deposits. Sound familiar? Nicholas Biddle, the bank's president, wielded more economic power than any elected official. He could trigger financial panics at will by restricting credit. He bought newspapers and bribed congressmen. When Jackson opposed recharter in 1832, Biddle deliberately crashed the economy to punish him.
Jackson called it "a hydra of corruption" and he was right. The bank created artificial booms through credit expansion, then triggered busts when politically convenient. Biddle openly bragged about manipulating markets. Free market economists and Jackson both recognized the core insight: this was legalized counterfeiting with government backing, not free market banking.
The political establishment united against Jackson. Henry Clay, Daniel Webster, and the entire Whig Party defended the bank. Biddle spent millions buying influence. The press attacked Jackson as an economic ignoramus. Every "respectable" voice supported recharter. Jackson stood alone with the American people.
After Jackson killed the bank, the country experienced the strongest economic growth in its history. From 1837 to 1862, America operated without a central bank. Industry flourished. Wages rose. Innovation exploded. This wasn't coincidence. When you stop subsidizing financial speculation and let productive capital find its natural home, prosperity follows.
Central banks don't stabilize economies: they destabilize them for private gain.