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      11-16-2019, 07:31 AM   #8559
KingOfJericho
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President pardons two soldiers and resorted one sailor to chief. Thank you Mr President for putting our servicemen first.
Except most servicemen were opposed to it. Esper was beside himself. Actually pretty much everyone in the administration and top brass in the military opposed it. It subverts the rules of law and the legal process of the military. Murder is murder and posing with a dead body is disgusting, no matter who it is. You guys are incredible.
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      11-16-2019, 08:05 AM   #8560
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Originally Posted by KingOfJericho View Post
Except most servicemen were opposed to it. Esper was beside himself. Actually pretty much everyone in the administration and top brass in the military opposed it. It subverts the rules of law and the legal process of the military. Murder is murder and posing with a dead body is disgusting, no matter who it is. You guys are incredible.
So most servicemen were opposed eh? Where did you get that nugget of info from? I was at the VA yesterday and a bunch of us were talking about it. Everyone there would call you totally misinformed to put it quite mildly.

The President has taken the gloves off our troops ROE and most Americans support our troops sending Islamic fighters to visit Allah sooner then later as opposed seeing our troops coming home in flag draped coffins. We believe our troops in these instances and might not in all but these we do. Posing with a dead enemy while not be the right thing to do but it should not be a crime, it’s been done very often since the camera was invented. We really dont care what you think. Wack em and stack em.
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      11-16-2019, 09:06 AM   #8561
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Originally Posted by KingOfJericho View Post
Except most servicemen were opposed to it. Esper was beside himself. Actually pretty much everyone in the administration and top brass in the military opposed it. It subverts the rules of law and the legal process of the military. Murder is murder and posing with a dead body is disgusting, no matter who it is. You guys are incredible.
Former Marine here. Nothing wrong with taking a pic of some POS terrorist scum bag, you tagged and bagged.

Last edited by Delta0311; 11-16-2019 at 10:17 AM..
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      11-16-2019, 09:31 AM   #8562
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Originally Posted by KingOfJericho View Post
Except most servicemen were opposed to it. Esper was beside himself. Actually pretty much everyone in the administration and top brass in the military opposed it. It subverts the rules of law and the legal process of the military. Murder is murder and posing with a dead body is disgusting, no matter who it is. You guys are incredible.
Former Marine here. Nothing wrong with taking a pic of some POS terrorist sum bag you tagged and bagged.
You just keep proving how I feel about you with every post.
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      11-16-2019, 12:44 PM   #8563
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A letter from Yahoo Andy Serwer to President Trump. He basically says although the economies are doing well, but it's disproportionately skewed toward the rich. Also he thinks Trump should at least doing something for the lower incomes such as raising minimum wage and infrastructure. Also he thinks Trump is a "divider in chief" and "commander in cheat" lols. Overall, you could say he has a point at the same time, most of the beefs are personal stuffs.

One thing I would agree is the wealth gap at this rate is not sustainable and it will have social ramification that is hard to predict and usually don't end very well. And the real problem is the "wealth bubble" that is not REAL. These asset values and come and go just like that.

Quote:
Dear President Trump,

I am writing to you on the third anniversary of your election for a number of reasons. First, this is a critical moment for your presidency—and for America. The election is a year away and at the same time you are facing impeachment.
*
On a personal note, I saw you give a speech this week at the New York Economic Club. And I was reminded by Facebook’s algorithm that I wrote you a letter upon your election three years ago. After re-reading the letter, and given these other markers, I decided it would make sense to ping you again.

Let me start by tipping my hat to you. Democrats don’t like to hear or acknowledge this, but generally speaking the economy is in good shape. Really good shape. It’s pretty irrefutable. The unemployment rate is 3.6%, the lowest it’s been in five decades. Wages are rising at the fastest rate in more than a decade (though inflation is taking a bite out of those gains) and consumer confidence is at its highest level since 2000. The stock market, at record levels, has climbed 44% since your election. True, economic growth is kind of meh—GDP only increased 1.9% in the third quarter, well below your target of 3%—but as far as developed economies around the globe, we’re at the top of the heap.

Democrats argue this is simply a continuation of the economic expansion that began under President Obama and that certainly is the case, but to what degree, who knows. At the very least, you deserve credit for sustaining growth.

What would the economy be like if Hillary Clinton was elected? I know you like to say it would have been a disaster, though of course here too, no one really knows.

Your speech at the Economic Club of New York betrayed few doubts. “I'm proud to stand before you, as President of the United States, to report that we have delivered on our promises and exceeded our expectations by a very wide margin,” you told us. That drew some applause from the capacity crowd of 1,350. “I was waiting for that,” you responded. “I almost didn't get it. Only the smart people are clapping.”

I have to hand it to you Mr. President. You know your audience. Your tone was measured, almost as tame as when I saw you speak at Davos two years. A far cry from one of your red-meat, red-state rallies. Still, even though you had friends and acquaintances like Maria Bartiromo, Steve Schwarzman and at your left elbow, economic adviser Larry Kudlow on the dais, and the audience was mostly business people, (not New York City lefties) I didn’t feel that much love.

Why is that?

And why generally speaking, with all of the bountiful economic news do so many of us feel so badly?
Kenneth Osgood, a professor of History at the Colorado School of Mines explains part of it: “Overall economic data conveys a sense of optimism but there are still large pockets of the population experiencing economic distress because of changes facing the country and wealth disparity.”

Ah yes. The divide between the haves and have nots. Income inequality continues to climb during your administration and is at its highest level in 50 years, according to the U.S. Census Bureau. Wealth inequality too is at unprecedented levels. Life expectancy for Americans has declined for the first time since World War I. Why? Opioid overdoses, alcoholism and suicide. No wonder there is little cheer.

And there’s another reason why so many Americans are disillusioned and distraught. It’s what Osgood calls, “the politics of division” which he says “distract from economic realities.” Put simply, you want us to feel angry and scared, Mr. President. To be divided. This is your M.O. Your playbook to rally your base, as the political class says. Your roadmap to re-election.

Own up, Mr. President.

In the letter I wrote to you three years ago, (I never did hear back, but as you would say, that’s OK), I told you that bringing our country together was your most important priority. And you have not delivered. Not because you failed, but because you never tried. Yes millions of Americans love you, but millions don’t. Even some people who like you, don’t like you, if you follow, (and I know you do.)

“There is one thing I like about him.” says David R. Henderson, a research fellow at Stanford University’s Hoover Institution and a professor of economics at the Naval Postgraduate School in Monterey, California. “I like a Republican who fights back. [But] I think he’s a nasty man. I don’t think I’d want him as a friend, I don’t know if he even has friends.”

By way of example and keeping to the world of business, your treatment of Federal Reserve Chair Jay Powell is an abomination and wouldn’t be tolerated in any fourth grade classroom. Or maybe now it would...

I don’t mean to pile on, but I should mention that I had dinner with a senior Wall Street executive this week, (he didn’t want to be named), who’s a big supporter of yours, and he told me with great disgust how you cheated playing golf with him, (echoing Rick Reilly’s book on the subject—if you can imagine—“Commander in Cheat.”)

“Presidential power has always been about at least creating the illusion of consensus,” says Jeremi Suri, the Mack Brown Distinguished Chair for Leadership in Global Affairs at the University of Texas at Austin. “Donald Trump is the first president to not try to win over people who didn’t vote for him.”

It’s true that any President will have haters, even more so in today’s hyper-politicized environment. But the degree to which people feel vitriol is unprecedented. I know what you would say: ‘Of course they don’t like me. I threaten their world. I get things done.’ But I don’t buy that. You don’t have to be a Divider-in-Chief to achieve. Sometimes people called Ronald Reagan names, but usually not a jerk.

Realistically though, I’m pretty sure you’re not going to change your stripes at this point, Mr. President, so let’s turn to policy instead. In my 2016 letter, I suggested that there were three specific measures you might want to implement to close the economic gaps in our country; tax reform, an infrastructure build out and raising the minimum wage.

It’s interesting to see how this has played out.

With tax reform, I’m sure you’d say, ‘you’re welcome America.’ To which I would say, well, kind of. Yes you cut corporate taxes, and taxes for some citizens, but studies show much of those cuts went to the wealthy. Real reform, real help for working people, cutting loopholes and the like? Did not happen.

As for infrastructure, nary a peep here. To be fair this isn’t completely your fault. You and the Democrats agreed on a $2 trillion plan earlier this year—but oops, no agreement on how to pay for it. (Thankfully LaGuardia Airport here in New York City, a national embarrassment, is undergoing an $8 billion renovation.) Still, you could have prioritized infrastructure and pushed the GOP, which has generally blocked projects in blue states. By the way, I firmly believe that at some point soon, we’re going to need a massive infrastructure spend to boost the economy.

Not surprisingly, raising the minimum wage, never a favorite of the Republican party, hasn’t been at the top of your list. But because of the tight labor market and actions by states, the effective minimum wage, a national average guaranteed floor for wages has climbed. You noted rising wages in your speech at the Economic Club, and even told the crowd of swells to bite the bullet: “...for the bottom income group, real wages are soaring,” you said. “That means you might make a couple of bucks less in your companies. You know what? That's OK—that's OK. This is a great thing for our country.” To that I say, bravo, Mr. President!

So, while you didn’t boost the minimum wage, pay has climbed some. Except ironically perhaps in mostly red states like Alabama, Texas, and Kansas where folks still make $7.25 an hour, unchanged from more than a decade ago, the longest amount of time the minimum wage has remained unchanged since it was first established in 1938. You said you care about the working poor in your speech President Trump, so why won’t you raise these wages of those who need help the most?

Given that you’ve made little progress with real tax reform and infrastructure and haven’t raised the federal minimum wage, I guess I shouldn’t be surprised that inequality is still a huge problem.

At this point Mr. President, you are either one year away from the end of your presidency—there’s also the impeachment route—or five years. As it stands now, your legacy would be mixed at best. Yes the economy is going great guns, but with more and more people left behind, never mind in distress. And the divisiveness and incivility that I naively thought might just be part of your campaign will leave a deep stain on our nation.

“There are a lot of measures on which he’s going to go down historically as probably not very successful president,” says Elizabeth Cobbs, Melbern G. Glasscock Chair in American History at Texas A&M University and senior fellow Stanford University’s Hoover Institution. “He was unable to fulfill campaign promises he came in with about immigration and building a wall. Since that was such a central part of his campaign, if you’re evaluating him on his ability to perform his own goals that’s not strong.”

President Trump, frankly, you need more wins. You can even look at Richard Nixon. He went to China. He created the Environmental Protection Agency and enhanced the power of the Clean Air Act and the Clean Water Act.

Mr. President you have time to change your legacy—maybe a little, maybe a lot. Again, I understand you are who you are. But why not try for one big bipartisan win? You have an example here by the way, that being the progress you and the Democrats have made in criminal justice reform. So why not do this with infrastructure? Jobs. Big real estate projects. Infrastructure has your name written all over it!

I’m really hoping, sir, but I have my doubts.

You said in your speech this week, “I think the biggest risk is the election.” You may be right. But just not the way you think.

Sincerely,
Andy Serwer

By Andy Serwer, editor-in-chief Follow him at @serwer
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      11-16-2019, 01:17 PM   #8564
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Quote:
Originally Posted by WestRace View Post
A letter from Yahoo Andy Serwer to President Trump. He basically says although the economies are doing well, but it's disproportionately skewed toward the rich. Also he thinks Trump should at least doing something for the lower incomes such as raising minimum wage and infrastructure. Also he thinks Trump is a "divider in chief" and "commander in cheat" lols. Overall, you could say he has a point at the same time, most of the beefs are personal stuffs.

One thing I would agree is the wealth gap at this rate is not sustainable and it will have social ramification that is hard to predict and usually don't end very well. And the real problem is the "wealth bubble" that is not REAL. These asset values and come and go just like that.

Quote:
Dear President Trump,

I am writing to you on the third anniversary of your election for a number of reasons. First, this is a critical moment for your presidency—and for America. The election is a year away and at the same time you are facing impeachment.
*
On a personal note, I saw you give a speech this week at the New York Economic Club. And I was reminded by Facebook's algorithm that I wrote you a letter upon your election three years ago. After re-reading the letter, and given these other markers, I decided it would make sense to ping you again.

Let me start by tipping my hat to you. Democrats don't like to hear or acknowledge this, but generally speaking the economy is in good shape. Really good shape. It's pretty irrefutable. The unemployment rate is 3.6%, the lowest it's been in five decades. Wages are rising at the fastest rate in more than a decade (though inflation is taking a bite out of those gains) and consumer confidence is at its highest level since 2000. The stock market, at record levels, has climbed 44% since your election. True, economic growth is kind of meh—GDP only increased 1.9% in the third quarter, well below your target of 3%—but as far as developed economies around the globe, we're at the top of the heap.

Democrats argue this is simply a continuation of the economic expansion that began under President Obama and that certainly is the case, but to what degree, who knows. At the very least, you deserve credit for sustaining growth.

What would the economy be like if Hillary Clinton was elected? I know you like to say it would have been a disaster, though of course here too, no one really knows.

Your speech at the Economic Club of New York betrayed few doubts. "I'm proud to stand before you, as President of the United States, to report that we have delivered on our promises and exceeded our expectations by a very wide margin," you told us. That drew some applause from the capacity crowd of 1,350. "I was waiting for that," you responded. "I almost didn't get it. Only the smart people are clapping."

I have to hand it to you Mr. President. You know your audience. Your tone was measured, almost as tame as when I saw you speak at Davos two years. A far cry from one of your red-meat, red-state rallies. Still, even though you had friends and acquaintances like Maria Bartiromo, Steve Schwarzman and at your left elbow, economic adviser Larry Kudlow on the dais, and the audience was mostly business people, (not New York City lefties) I didn't feel that much love.

Why is that?

And why generally speaking, with all of the bountiful economic news do so many of us feel so badly?
Kenneth Osgood, a professor of History at the Colorado School of Mines explains part of it: "Overall economic data conveys a sense of optimism but there are still large pockets of the population experiencing economic distress because of changes facing the country and wealth disparity."

Ah yes. The divide between the haves and have nots. Income inequality continues to climb during your administration and is at its highest level in 50 years, according to the U.S. Census Bureau. Wealth inequality too is at unprecedented levels. Life expectancy for Americans has declined for the first time since World War I. Why? Opioid overdoses, alcoholism and suicide. No wonder there is little cheer.

And there's another reason why so many Americans are disillusioned and distraught. It's what Osgood calls, "the politics of division" which he says "distract from economic realities." Put simply, you want us to feel angry and scared, Mr. President. To be divided. This is your M.O. Your playbook to rally your base, as the political class says. Your roadmap to re-election.

Own up, Mr. President.

In the letter I wrote to you three years ago, (I never did hear back, but as you would say, that's OK), I told you that bringing our country together was your most important priority. And you have not delivered. Not because you failed, but because you never tried. Yes millions of Americans love you, but millions don't. Even some people who like you, don't like you, if you follow, (and I know you do.)

"There is one thing I like about him." says David R. Henderson, a research fellow at Stanford University's Hoover Institution and a professor of economics at the Naval Postgraduate School in Monterey, California. "I like a Republican who fights back. [But] I think he's a nasty man. I don't think I'd want him as a friend, I don't know if he even has friends."

By way of example and keeping to the world of business, your treatment of Federal Reserve Chair Jay Powell is an abomination and wouldn't be tolerated in any fourth grade classroom. Or maybe now it would...

I don't mean to pile on, but I should mention that I had dinner with a senior Wall Street executive this week, (he didn't want to be named), who's a big supporter of yours, and he told me with great disgust how you cheated playing golf with him, (echoing Rick Reilly's book on the subject—if you can imagine—"Commander in Cheat.")

"Presidential power has always been about at least creating the illusion of consensus," says Jeremi Suri, the Mack Brown Distinguished Chair for Leadership in Global Affairs at the University of Texas at Austin. "Donald Trump is the first president to not try to win over people who didn't vote for him."

It's true that any President will have haters, even more so in today's hyper-politicized environment. But the degree to which people feel vitriol is unprecedented. I know what you would say: 'Of course they don't like me. I threaten their world. I get things done.' But I don't buy that. You don't have to be a Divider-in-Chief to achieve. Sometimes people called Ronald Reagan names, but usually not a jerk.

Realistically though, I'm pretty sure you're not going to change your stripes at this point, Mr. President, so let's turn to policy instead. In my 2016 letter, I suggested that there were three specific measures you might want to implement to close the economic gaps in our country; tax reform, an infrastructure build out and raising the minimum wage.

It's interesting to see how this has played out.

With tax reform, I'm sure you'd say, 'you're welcome America.' To which I would say, well, kind of. Yes you cut corporate taxes, and taxes for some citizens, but studies show much of those cuts went to the wealthy. Real reform, real help for working people, cutting loopholes and the like? Did not happen.

As for infrastructure, nary a peep here. To be fair this isn't completely your fault. You and the Democrats agreed on a $2 trillion plan earlier this year—but oops, no agreement on how to pay for it. (Thankfully LaGuardia Airport here in New York City, a national embarrassment, is undergoing an $8 billion renovation.) Still, you could have prioritized infrastructure and pushed the GOP, which has generally blocked projects in blue states. By the way, I firmly believe that at some point soon, we're going to need a massive infrastructure spend to boost the economy.

Not surprisingly, raising the minimum wage, never a favorite of the Republican party, hasn't been at the top of your list. But because of the tight labor market and actions by states, the effective minimum wage, a national average guaranteed floor for wages has climbed. You noted rising wages in your speech at the Economic Club, and even told the crowd of swells to bite the bullet: "...for the bottom income group, real wages are soaring," you said. "That means you might make a couple of bucks less in your companies. You know what? That's OK—that's OK. This is a great thing for our country." To that I say, bravo, Mr. President!

So, while you didn't boost the minimum wage, pay has climbed some. Except ironically perhaps in mostly red states like Alabama, Texas, and Kansas where folks still make $7.25 an hour, unchanged from more than a decade ago, the longest amount of time the minimum wage has remained unchanged since it was first established in 1938. You said you care about the working poor in your speech President Trump, so why won't you raise these wages of those who need help the most?

Given that you've made little progress with real tax reform and infrastructure and haven't raised the federal minimum wage, I guess I shouldn't be surprised that inequality is still a huge problem.

At this point Mr. President, you are either one year away from the end of your presidency—there's also the impeachment route—or five years. As it stands now, your legacy would be mixed at best. Yes the economy is going great guns, but with more and more people left behind, never mind in distress. And the divisiveness and incivility that I naively thought might just be part of your campaign will leave a deep stain on our nation.



By Andy Serwer, editor-in-chief Follow him at @serwer
Maybe next time just a link to the article or letter?
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      11-16-2019, 01:38 PM   #8565
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Maybe you believe the bible, maybe you don't. I do. In any case, I have always found this a good lesson. The wealth gap has been around for a long time, and exists for a reason.

Matthew 25:14-30 English Standard Version (ESV)
The Parable of the Talents
14 “For it will be like a man going on a journey, who called his servants[a] and entrusted to them his property. 15 To one he gave five talents,[b] to another two, to another one, to each according to his ability. Then he went away. 16 He who had received the five talents went at once and traded with them, and he made five talents more. 17 So also he who had the two talents made two talents more. 18 But he who had received the one talent went and dug in the ground and hid his master's money. 19 Now after a long time the master of those servants came and settled accounts with them. 20 And he who had received the five talents came forward, bringing five talents more, saying, ‘Master, you delivered to me five talents; here, I have made five talents more.’ 21 His master said to him, ‘Well done, good and faithful servant.[c] You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ 22 And he also who had the two talents came forward, saying, ‘Master, you delivered to me two talents; here, I have made two talents more.’ 23 His master said to him, ‘Well done, good and faithful servant. You have been faithful over a little; I will set you over much. Enter into the joy of your master.’ 24 He also who had received the one talent came forward, saying, ‘Master, I knew you to be a hard man, reaping where you did not sow, and gathering where you scattered no seed, 25 so I was afraid, and I went and hid your talent in the ground. Here, you have what is yours.’ 26 But his master answered him, ‘You wicked and slothful servant! You knew that I reap where I have not sown and gather where I scattered no seed? 27 Then you ought to have invested my money with the bankers, and at my coming I should have received what was my own with interest. 28 So take the talent from him and give it to him who has the ten talents. 29 For to everyone who has will more be given, and he will have an abundance. But from the one who has not, even what he has will be taken away. 30 And cast the worthless servant into the outer darkness. In that place there will be weeping and gnashing of teeth.’
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      11-16-2019, 02:18 PM   #8566
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Originally Posted by hubbahubba View Post
Maybe you believe the bible, maybe you don't. I do. In any case, I have always found this a good lesson. The wealth gap has been around for a long time, and exists for a reason.
Sure, there will be a wealth gap in any time, any country, any economies. I don't have a problem with that. It's the unsustainable "gap" that is the problem.
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      11-16-2019, 02:19 PM   #8567
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Originally Posted by Captain Blood View Post
Maybe next time just a link to the article or letter?
It's a subscribed thing. It is mailed to each individual without link.
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      11-16-2019, 02:25 PM   #8568
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Originally Posted by WestRace View Post
Sure, there will be a wealth gap in any time, any country, any economies. I don't have a problem with that. It's the unsustainable "gap" that is the problem.
What defines unsustainable?
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      11-16-2019, 02:53 PM   #8569
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I would counter the wealth gap is as small as it's ever been. There was no middle class until western society. But like a liberal or a woman give them an inch they want a mile. Solution is dont give them shit.
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      11-16-2019, 03:37 PM   #8570
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Originally Posted by hubbahubba View Post
What defines unsustainable?
That's a billion-dollar question and beyond my pay grade. The fact that you asked, you probably have your own answer to your question. Each generation has to answer that question for themselves.

Although I don't know the answer, I do know the root cause of the excessive wealth gap but that's not what you're asking.

Here is one version to your answer lols.
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Originally Posted by 1MOREMOD View Post
I would counter the wealth gap is as small as it's ever been. There was no middle class until western society. But like a liberal or a woman give them an inch they want a mile. Solution is dont give them shit.
Basically he was saying, for example, during the middle ages, you had the feudalism system in which the poor probably had close to zero so if you divide anything by zero you got infinity. According to him, the middle class today at least you have something so dividing by something at least you get something less than infinity.

His words not mine.

Last edited by WestRace; 11-16-2019 at 03:43 PM..
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      11-16-2019, 05:36 PM   #8571
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Its sustainable, when are we gonna run out of stupid lazy people. Each according to his abilities. World needs ditch diggers too.
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      11-16-2019, 05:40 PM   #8572
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Its sustainable, when are we gonna run out of stupid lazy people. Each according to his abilities. World needs ditch diggers too.
Damn! Damn good! Damn good timing!
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      11-16-2019, 06:50 PM   #8573
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Originally Posted by Delta0311 View Post
Former Marine here. Nothing wrong with taking a pic of some POS terrorist scum bag, you tagged and bagged.
Not a vet but I know a few and have seen those pics. I get it.

But the story I heard on at least one of the pardoned guys goes well beyond that. He was an LT leading a group and ordered them to open fire on unarmed civilians. Several of the guys intentionally missed. Nine (nine!) of them testified against him at his trial. He was convicted and sentenced. Trump pardoned him.

https://www.armytimes.com/news/your-...-lorance-case/
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      11-16-2019, 08:16 PM   #8574
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That's a billion-dollar question and beyond my pay grade. The fact that you asked, you probably have your own answer to your question. Each generation has to answer that question for themselves.

Although I don't know the answer, I do know the root cause of the excessive wealth gap but that's not what you're asking.

Here is one version to your answer lols.


Basically he was saying, for example, during the middle ages, you had the feudalism system in which the poor probably had close to zero so if you divide anything by zero you got infinity. According to him, the middle class today at least you have something so dividing by something at least you get something less than infinity.

His words not mine.
Thanks, West. Actually, I have no clue what my answer would be to that as I do not think that is an objective thing, but subjective. If you are on the top of the scale, it probably looks just fine. If you are on the bottom, not so much. This is the problem. If we can not define it, how are we supposed to fix it? Further, I agree that there is a problem, but there is also a problem in the absolute fact that while some genuinely need help, others do not but will take it anyway to game the system. I really do not want my taxes upped for people such as those, ya know? I am interested to hear what you believe root cause is. If indeed you have it figured out we may be able to come up with a solution!
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      11-17-2019, 12:39 PM   #8575
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Strange

Trump's health 'very good' after unscheduled physical exam https://www.bbc.co.uk/news/world-us-canada-50450349

In a statement, White House Press Secretary Stephanie Grisham said the latest tests were prompted by a "free weekend" in the president's diary, and that Mr Trump remained healthy and energetic without complaints.

"Further speculation beyond the extensive and honest info I put out is wholly irresponsible and dangerous for the country," she added in a tweet.
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      11-17-2019, 12:55 PM   #8576
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Trump's health 'very good' after unscheduled physical exam [/url]
Time for a few more burgers :-)
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      11-17-2019, 12:58 PM   #8577
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I am interested to hear what you believe root cause is. If indeed you have it figured out we may be able to come up with a solution!
Well actually I may have to take it back. One may pretend to know the truth but in reality, one can only know part of the truth. To think about it, knowing only part of it is probably almost the same as not knowing at all.
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      11-17-2019, 01:08 PM   #8578
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What defines unsustainable?
At some point, the Gini Coefficient will reach a level where the people on the lower rungs of the ladder will no longer accept the inequality. They'll use whatever means available to even things out. Might be peaceful, might be violent. If the poor are so desperate that they're fighting for their very survival and have nothing to lose, it'll get ugly.

So some inequality is inevitable, and desirable for optimal output. A lot of inequality introduces volatility. That's why big corporations like liberal income redistribution policies. They're a way of keeping the masses placated and preventing the sort of turmoil that would interfere with the economic and political "hacks" they've put so much time and money into.
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      11-17-2019, 09:47 PM   #8579
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Where are the Trump tweets supporting the Chinese students in Honk Kong??!!??
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      11-17-2019, 11:17 PM   #8580
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Hopefully it won't turn into another 1989 Tiananmen Square.

Quote:
Police warned they were ready to use live bullets if “rioters” continued to used lethal weapons, amid a dramatic escalation of the unrest that has plunged the Asian financial hub into chaos for almost six months.
https://www.reuters.com/article/us-h...-idUSKBN1XR0O2
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