The USA Political Thread

[lennco]

Here you can spout your USA political views.

Rules:
1. Keep it clean
2. No fighting
3. Respect the views of others.
4. US Political views, No Religious views
5. Have fun

:wave:

 

[rh2000]

https://twitter.com/x/status/1354918883547873284

 

[.X.]

What is happening here? Everyone on the same page??? Great! Don't let the pricks pit us against each other.



The one thing to be careful of is this: The ultra-rich are not the worst parties in this equation. They took an opportunity and ran with it. The worst of the lot are the politicians and regulators - the scum who are paid by the people to work for the people, and instead used their position to screw the people. They should all be in prison.

And this is why I don't trust any administration that says they are going to solve this problem, much less by higher taxes that will simply fatten their wallets. Those taxes aimed at the ultra-wealthy will most likely miss them and hit the successful middle class between the eyes. The rats have to be cleaned out of DC, and laws have to be made fair again.

the elite are the lobbyist that feed the politicians ... if the politicians don’t do as they are told .. they starve ... the billionaire pays the millionaire .. the millionaire pays the middle class ... the middle class pays the poor .... no more trickle down corruption ... everyone is equal

 

[Tryjake]

Remind me to use that line the next time I'm caught cheating at cards.

I will try my best @GoDaddy @NamePros @Bob Hawkes @BobParsons.com @Joe Styler Amy help is much appreciated

 

[bmugford]

Also, regardless of what the Robinhood TOS says hidden deep in their contract, they are going to potentially face this legal issue -


https://www.law.cornell.edu/wex/unconscionability

Unconscionability

A defense against the enforcement of a contract or portion of a contract. If a contract is unfair or oppressive to one party in a way that suggests abuses during its formation, a court may find it unconscionable and refuse to enforce it. A contract is most likely to be found unconscionable if both unfair bargaining and unfair substantive terms are shown. An absence of meaningful choice by the disadvantaged party is often used to prove unfair bargaining.


I would think that the forced selling for shares, at a much lower price, is likely to fall under that.

Brad

 

[.X.]

Why will the banks charge a lady or person of color with the same credit score a higher interest rate ... why are people treated differently because of income ... it’s class warfare ... Exposed!! We are equal!

 

[rh2000]

https://twitter.com/x/status/1354788631689441285

 

[.X.]

https://twitter.com/x/status/1354788631689441285

Insulin must go down 99% in price ... diabetics are dying because they can’t afford insulin

 

[bmugford]

https://twitter.com/x/status/1354788631689441285

This is a gross misrepresentation -

He basically put back the restrictions on having to be trained and licensed to prescribe a potentially dangerous drug used to fight the addiction.

https://www.addictioncenter.com/news/2021/01/biden-canceling-trumps-opioid-treatment-prescriptions/

 

[bmugford]

Insulin must go down 99% in price ... diabetics are dying because they can’t afford insulin

I agree. The amount of wealth we have in the US and lack of access to quality affordable healthcare and medicine is disgusting.

They found that overall, the average US manufacturer price per standard unit across all insulins was $98.70, compared to $6.94 in Australia, $12.00 in Canada, and $7.52 in the UK. Specifically, for rapid-acting insulins, the US reported an average price of $111.39 per standard unit versus $8.19 in non-US countries

https://pharmanewsintel.com/news/insulin-prices-8x-higher-in-the-us-compared-to-similar-nations

The greed has gotten out of hand.

Brad

 

[rh2000]

https://twitter.com/x/status/1354831599284711425

 

[Samer]

https://www.foxbusiness.com/markets/robinhood-lawsuits-gamestop-amc-restrictions

 

[rh2000]

https://twitter.com/x/status/1354882756766031882

 

[bmugford]

https://twitter.com/x/status/1354831599284711425

This issue is with all members of Congress. They should just not be allowed to trade individual stocks or options.

You have so many cases of using insider information to make profits from everyone. There are too many conflicts of interest to trade individual stocks.

Their assets either need to be in some type of blind trust or index funds.

https://www.politico.com/news/2020/12/18/elizabeth-warren-stock-trading-ban-448390

Brad

 

[.X.]

I agree. The amount of wealth we have in the US the lack of access to quality affordable healthcare and medicine is disgusting.

They found that overall, the average US manufacturer price per standard unit across all insulins was $98.70, compared to $6.94 in Australia, $12.00 in Canada, and $7.52 in the UK. Specifically, for rapid-acting insulins, the US reported an average price of $111.39 per standard unit versus $8.19 in non-US countries

https://pharmanewsintel.com/news/insulin-prices-8x-higher-in-the-us-compared-to-similar-nations

The greed has gotten out of hand.

Brad

there is absolutely no reason for healthcare and medications to be as they are ...it is only because of greed that we pay such high rates for medical insurance ... we still have a co-pay and out of pocket schedule on top of all of it ... the poor and homeless do not get healthcare ... yet the elite drool over their investment returns on medical and big Pharma ... immediate change is necessary

 

[.X.]

Show attachment 180874
https://www.foxbusiness.com/markets/robinhood-lawsuits-gamestop-amc-restrictions

Hell Yes!

 

[Domainace]

Since the end is nigh, this should be required reading:

When Money Dies: The Nightmare of Deficit Spending, Devaluation and Hyperinflation in Weimar Germany, by Adam Fergusson

Though it describes events in Germany of almost a century ago (and was written almost 50 years ago), it sounds hauntingly like it could have been written today about the USA. The events, the policies, public opinion....

Hope for the best, but prepare for the worst.

 

[bmugford]

there is absolutely no reason for healthcare and medications to be as they are ...it is only because of greed that we pay such high rates for medical insurance ... we still have a co-pay and out of pocket schedule on top of all of it ... the poor and homeless do not get healthcare ... yet the elite drool over their investment returns on medical and big Pharma ... immediate change is necessary

I have multiple family members with diabetes and this is a serious issue.

The US healthcare system is a joke.

It really is the only country where one random event can wipe out a lifetime of savings.

Even by objective standards, like life expectancy and infant mortality rate, the US is awful compared to the rest of the developed world.

The US is 47th in infant mortality rate behind countries like Latvia, Slovakia, Cuba, Malta, Serbia,
etc.

It is 36th in life expectancy.

Brad

 

[.X.]

I have multiple family members with diabetes and this is a serious issue.

The US healthcare system is a joke.

It really is the only country where one random event can wipe out a lifetime of savings.

Every by objective standards, like life expectancy and infant mortality rate, the US is awful compared to the rest of the developed world.

Brad

these issues are no joke ..... people work a lifetime to relax a bit ... a major medical event occurs ... they are now broke and hopeless ... they have to sell their home ... the 99% can’t be wrong ... it’s not possible ... let’s get it done !

 

[rh2000]

https://twitter.com/x/status/1354935076723642379

 

[bmugford]

these issues are no joke ..... people work a lifetime to relax a bit ... a major medical event occurs ... they are now broke and hopeless ... they have to sell their home ... the 99% can’t be wrong ... it’s not possible ... let’s get it done !

You gotta save the people so they can be a slave to medical debt for the rest of their life.

Think of how hard it is to save $5k/year for a family. You save that for 30 years, that money is gone instantly if something goes bad.

Another issue is healthcare should be tied to the person, not the job. It is completely unreasonable to be stuck in a job because of that.

That is at least one thing Obamacare tried to do, untie the insurance from your job.

Brad

 

[rh2000]

https://twitter.com/x/status/1354919963623043072

 

[sonatime]

https://twitter.com/x/status/1354685417019289601

 

[rh2000]

https://twitter.com/x/status/1354935144893853706

 

[bmugford]

https://twitter.com/x/status/1354935144893853706

Some guy heard something...seems totally legit.

These allegations have not been independently confirmed by Breaking911.


Robinhood CEO Vlad Tenev explained what he called the platform's "very difficult decision" to restrict buying of GameStop (GME) and about a dozen other securities during a Thursday evening interview on CNBC.

He said the decision was made in response to requirements Robinhood must adhere to as a brokerage firm.

"We have lots of financial requirements, including SEC net capital requirements and clearinghouse deposits — that’s money that we have to deposit at various clearinghouses," Tenev said. He added that such requirements can fluctuate based on market volatility and can be "substantial in the current environment where there’s ... a lot of concentrated activity in these names that have been going viral on social media."

Tenev also shot down speculation spread on social media Thursday that Robinhood restricted regular trading of the volatile stocks at the request of large Wall Street firms. One Robinhood user alleged in a class action lawsuit filed against the trading platform Thursday that the move was made "knowingly to manipulate the market for the benefit of people and financial institutions who were not Robinhood’s customers."

We absolutely did not do this at the direction of any market maker or hedge fund or anyone we route to or other market participants," Tenev said on CNBC.

 

[Domainace]

https://twitter.com/x/status/1354685417019289601

I remember driving by the Presidential Palace in Jakarta some years back. The grounds were completely encircled by rolls of barbed wire. And I remember thinking, "Now there's a failing government. They have to hide from their people behind that."

And here we are.