since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
@blogdiva It’s the ‘fiscally conservative’ thing to do!
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
@blogdiva *taxing* billionaires out of existence is the moderate position...
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@blogdiva *taxing* billionaires out of existence is the moderate position...
@punissuer @blogdiva
i still remember this phrase."as voluntary as spanish inquisition."
yeah, it should apply for super rich.
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
I hate this article. The government straight up *can not* pay off the debt. Because the money supply is to first order equal to the debt. If they paid off the debt they'd have to tax all money out of existence. Then the whole country would collapse into a depression worse than the great depression. The govt debt is truly a meaningless number.
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
@blogdiva So, we have a Government accountability office AND a Department of Govenment Efficiency?
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
The federal government, as a sovereign country, cannot really go bankrupt; the real issue is that our fiscal policy is gravitated towards private exploitation and accumulation of profits by fewer and fewer people. Redistribution from the wealthiest to the masses and socialization of the economy towards public/social needs rather than private grift and exploitation is the only real solution.
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The federal government, as a sovereign country, cannot really go bankrupt; the real issue is that our fiscal policy is gravitated towards private exploitation and accumulation of profits by fewer and fewer people. Redistribution from the wealthiest to the masses and socialization of the economy towards public/social needs rather than private grift and exploitation is the only real solution.
i agree, but i dont think the government will solve the problem. The government is the problem, especially since 2008. Its the means by which the wealthy get socialism for the rich
Voting is begging them to change - it wont work. We have to do it ourselves and while organizing is and must be an ongoing effort, supply chains at anonymous scale need some form of currency to organize and we must adopt something they cant print to prevent becoming socialism for the rich again
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RE: https://newsie.social/@ZhiZhu/116286455854932217
since Trump has bankrupted the USA, the new moderate position should be to seize all the assets of the billionaires and millionaires who scammed the country into bankruptcy, no?
This Fortune article places he numbers of the Treasure into perspective:
'The federal finances look like a household budget in freefall.
That household earns $52,446 and spends $73,378 — running a $20,932 annual deficit.
Its total liabilities and unfunded promises amount to $1,361,788 against just $60,554 in assets, leaving it $1.3 million in the hole.
Uncle Sam, by any accounting standard, is insolvent.'
(but let's spend a billion a day on Iran)
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