There is NOTHING wrong with auditing the fuck out of the government - but don't put an idiot tech bro billionaire bureaucrat welfare queen who has GOVERNMENT CONTRACTS in charge of auditing it. The fuck you all thinking? lol
China’s #DeepSeek could represent the biggest threat to US equity markets as the company seems to have built a groundbreaking AI model at an extremely low price and w/o having access to cutting-edge chips, calling into question the utility of the hundreds of billions worth of capex being poured into this industry. https://t.co/vEesgELLPA (via @knowledge_vital)
Donald Judas Trump just rescinded Biden’s bill, that lowered 50 prescription drugs, including capping insulin at $35 for people on Medicare.
Tell me how this is “America first?”
This is just spiteful and petty, and he’s hurting Americans and he doesn’t give AF.
When I started talking about Oligarchy, many people didn't understand what I meant.
Well, that's changed.
When the 3 wealthiest men in America sit behind Trump at his inauguration, everyone understands that the billionaire class now controls our government.
We must fight back.
This is not a drill: Chinese people are learning that we fine homeless people.
I REPEAT, THEY HAVE LEARNED THE UNITED STATES FINES HOMELESS PEOPLE FOR BEING HOMELESS.
What changed? People are being priced out of survival. I rented my first apartment for $450 a month twenty years ago. Today the average one bedroom rents for $1800 & credit/income requirements to rent anywhere are IMPOSSIBLY high. Rent increased 80% in the last 7 years. Food prices are at record levels, healthcare is outrageously expensive, & simply existing in this country is increasingly challenging. Many people are saddled with brutal student loan debt that never decreases, working long hours for low pay, & they still can’t afford to live independently. Home ownership is a pipe dream. These conditions aren’t suitable for marriage or having a family. A lot of people have no hope, & nothing to look forward to.
The bubbles always win. The ones who are long the bubble lose it all when it bursts - or worse, get into debt. The ones who refuse to participate lose heart because it just feels like the irrational exuberance can last forever, and nobody wants to spend their life being Mike Wilson or Peter Schiff.
The gamification of investing, 0DTE options, meme stocks and coins - these are symptoms of a society addicted to gambling because normal people see no way of getting ahead other than by risking it all on a whim. The rise of OnlyFans is not moral decay - it is desperation.
The parallels between what we're witnessing today, and the early stages of Weimar Germany's hyperinflation, as captured in the book When Money Dies, is so sobering that I can't stop thinking about it.
This is the environment the Fed thinks warrants rates cuts and more QE.
God help us all.
We're the richest country on earth - we can afford universal healthcare and lifelong education for all Americans. We just choose not to because the rich have rigged the system for themselves.
This must change.
Luigi Mangione's manifesto refers to Michael Moore's Sicko documentary on the for-profit US healthcare system. In one part of it Moore takes abandoned 9/11 first responders to Cuba to get healthcare there, to show just how sick and depraved the US is by comparison:
A government of oligarchs that will exist to solely serve the interests of oligarchs while distracting working people with culture wars. Foreign corporations & persons can loot & pollute the US and bypass regs that protect the health of Americans as long as they got lots of cash.