Token Daily

The "libertarian" president they called him. The party of "fiscal responsibility". Everytime they take office the deficit EXPLODES. I have no idea how people keep believing this shit.

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windershinwishes 1 h ago

What does the deficit have to do with libertarianism? Does money take away your liberty?

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SeamlessR 2 hs ago

They don't believe it. They just believe people take them seriously when they say they believe it. And people do take them seriously. Because more people than not are too stupid to adequately protect themselves from targeted gaslighting.

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Vrenny 3 hs ago

what will be left of America once Americans get tired of the GOP destruction

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TheJedibugs :flag-ga: Georgia 3 hs ago

Hey, where all my “fiscal responsibility” republicans at??

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thegreatsquare 3 hs ago

They'll be back in January.

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ThinkOption1 3 hs ago

They don't exist any more. I no longer believe in fiscal conservatism because austerity solves nothing.

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WholeGrainMustard :flag-nj: New Jersey 3 hs ago

Don’t worry if Biden wins, the GOP will care about the deficit in November.

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goddamnzilla 4 hs ago

GOP: time to cut taxes again!

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klosnj11 4 hs ago

I would be fine with this if during better times (last three years) we underspent the budget and created a warchest for spending during things like pandemics or mass unrest. But that never happens. They go from spending more during times of trouble to spending even more when the trouble is over.

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StarWarsMonopoly 3 hs ago

That’s why Conservative fiscal policy is complete horse shit.

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Vrishkin 3 hs ago

We have too many social programs running. The US military is the largest socialized program on the planet

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ToXiC_Af_U_WeAk Somewhere between libright and libleft and authrig 13 mins ago

that's pretty ironic, considering how bad social security, insurance etc. are in the USA compared to other countries. sounds like mismanagement to me...

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newbrevity 3 hs ago

Yup everyone worried about social programs that help people and could elevate society then have no problem with the military industrial complex

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StarWarsMonopoly 3 hs ago

I agree. I believe in social safety nets because the alternatives have proved to be absolutely cruel. Plus even when you strive to have a complete free market solution to those problems, someone else always ends up picking up the slack while the wrongdoers pocket the difference. But there are too many pigs at the trough. The amount we pay for our military is inexcusable because so much of it is waste and corruption. The US military is also one of the largest polluters in the world (which has negative effects up and down the chain).

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KikkomanSauce 4 hs ago

On January 21, 2021, if, god willing, Biden wins, Fox, OAN, Newsmax, etc. will all being doing wall to wall coverage of how awful our national debt is, and blame "the left" for the problem.

And angry GOPers are going to eat that shit up, and take to the streets. Again.

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SenorBurns 4 hs ago

I'm tired of the fiscally irresponsible GOP. The Republicans are fat cats lighting their cigars with our hard earned tax dollars.

Then they send piles of our money to religious schools while our public schools languish.

Republicans start expensive overseas wars in countries that never attacked us. Why? So they can line the pockets of their defense contractor buddies. Meanwhile, our soldiers put in harms way barely scrape by, and our veterans care is underfunded.

Vote out all the fat cats.

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smagmite 4 hs ago

Republicans in 6 months: We've got to get spending back under control.

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gatechthrowaway1873 It's not enough to not be a communist, we must be 4 hs ago

Have to open he economy up and stop giving welfare to individuals and businesses.

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GreyInkling 3 hs ago

That's literally the smallest factor in this but ok. Sure.

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slfiftyfifty 4 hs ago

Clearly, this is a non-issue... until a democrat is in charge. Then we have to get this wreckless tax and spend problem under control immediately. Someone has to be the adult in the room and tell the democrats they cant spend money they don't have.

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gangbusters_dela 4 hs ago

Tea Party: New phone, who dis?

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notwithagoat 3 hs ago

The president is white so they're all good.

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vasilenko93 4 hs ago

That is insanity. Debt is future spending brought forward. We are talking so much wealth from the future it’s criminal.

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FrontAppeal0 40 mins ago

> Debt is future spending brought forward. It's all paper promises. Just numbers on ledgers being moved around to justify current consumption levels. What we're seeing with increasing clarity is that automation renders a great deal of human labor redundant. Full employment is only possible through make-work projects and excess waste production. The debt we're building up is just a way of convincing people who aren't needed in the business process to stay employed doing meaningless labors.

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windershinwishes 1 h ago

No, sovereign debt it is inventing liquidity. No one is going to come repossesses America.

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StarWarsMonopoly 4 hs ago

That ship sailed with the War on Terror, unfortunately.

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30101961 :flag-ny: New York 4 hs ago

Reminder: The Democrats Are the Party of Fiscal Responsibility

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SwingJay1 4 hs ago

So how long until a gallon of milk will cost $35,000.00 USD?

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AGuineapigs 4 hs ago

Big government Republicans racking up debt on the credit cards again.

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nslinkns24 "absolutely the worst person I've seen in this sub 3 hs ago

Both parties supported the CARE act.

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AGuineapigs 3 hs ago

Neat.

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nslinkns24 "absolutely the worst person I've seen in this sub 3 hs ago

So why do you give one party a pass?

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SeamlessR 2 hs ago

Because one party wants it, says they want it, and act like they want it. And the other party says they don't want it, act like they don't want it, but do it anyway. Name the parties.

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nslinkns24 "absolutely the worst person I've seen in this sub 2 hs ago

>And the other party says they don't want it, act like they don't want it, but do it anyway. The bill the democrats put forward would have been much worse. It included even more costs, even less related to the direct affects of covid, and would have increased the debt even more. If your point here was that democrats tend to be less fiscally responsible then republicans, you might have made it.

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SeamlessR 1 h ago

That is the point, yes. Democrats don't hide that's what they want. Republicans act like they want to be responsible, say we should be responsible, and then act even MORE irresponsibly than the Democrats could ever have dared approach. You don't want what democrats are selling, totally fine. You do want what republicans are selling, also totally fine. The problem is that republicans are lying to you about what they're selling. The democrats might be too but who cares? Presumably you voted republicans in to do the thing republicans said they wanted to do. But they didn't. Because they are liars. And they used you: the lied to.

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nslinkns24 "absolutely the worst person I've seen in this sub 52 mins ago

> Democrats don't hide that's what they want. Their use of the term "free" to mean "borrow" seems to suggest otherwise.

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SeamlessR 29 mins ago

You're not wrong, but you can at least figure that out by looking at the actual proposals they put forward where the actual cost is available and where it goes. Republicans literally hid where monumental emergency spending went. While also spending their whole careers railing against spending and pretending to care about transparency. Ultimately you can point towards the dems and say they're bad, but every single reason and why you could come up with also exists within the republican party. Which is a problem when republicans literal whole platform is "not that, not what the dems are doing, what they're doing? We'll do something else". Never mind that they'll just, you know, do the same thing. But with less giving a shit about anything at all.

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nslinkns24 "absolutely the worst person I've seen in this sub 26 mins ago

>You're not wrong, but you can at least figure that out by looking at the actual proposals they put forward where the actual cost is available and where it goes. Like New Green Deal, which includes zero consideration of costs? Or Bernie's plan, which counts your money as government money. Or Warren's plan, which is basically "rich will pay for everything don't worry"?

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C0MMANDERD4TA 3 hs ago

Because democrats pay down the deficit when in power? Clinton ran a surplus, bush turned it into a 1.2 trillion deficit, which obama reduced to 400 billion, and trump has been blowing it up over a trillion despite a cushy economy his firsf 3 years https://www.msnbc.com/sites/msnbc/files/styles/ratio--1_91-1--1200x630/public/9.13.19.png?itok=K8ZmorXA

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-SwashY- Georgist 1 h ago

Who was in congress at the time of surplus?

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gangbusters_dela 1 h ago

The same party when Bush was President?

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nslinkns24 "absolutely the worst person I've seen in this sub 3 hs ago

Obama nearly doubled the federal debt, borrowing far more than Bush in total.

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C0MMANDERD4TA 2 hs ago

because he inherited a massive recession and 2 wars. its like lighting the house on fire before you move out, then blaming the next guy for the fire damage i see other redditors already brought this up and you are just straight ignoring it, so you do you

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nslinkns24 "absolutely the worst person I've seen in this sub 2 hs ago

Nope. He didn't have to pass the bailout. He didn't have to stay in those wars. He didn't have to increase social spending.

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StarWarsMonopoly 2 hs ago

Because he put the Afghan and Iraq War on the budget finally. Bush went his whole administration without offially paying for a single dollar of the War on Terror. It didn’t even count against the deficit until the Congress voted to do so in 2009.

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nslinkns24 "absolutely the worst person I've seen in this sub 2 hs ago

None of this changes the fact that the federal debt nearly double under his presidency.

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windershinwishes 1 h ago

And what about the mountain of stimulus spending that occurred in the immediate months after his inauguration, which was in response to a financial crisis that built up and exploded during Bush’s administration?

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nslinkns24 "absolutely the worst person I've seen in this sub 50 mins ago

Like I said, both parties are responsible for driving up the US debt. Jesus. Do you people read?

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StarWarsMonopoly 2 hs ago

Apparently you don’t agree adding two wars to the national debt would increase it?

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nullsignature Neoliberal 2 hs ago

Or a recession...

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nslinkns24 "absolutely the worst person I've seen in this sub 2 hs ago

That doesn't follow, no.

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StarWarsMonopoly 3 hs ago

Because one party claims to hate socialism yet ends up solving all their major problems with socialism? Being idealistic but misguided is one sin, but being complete hypocrites for decades is inexcusable.

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nslinkns24 "absolutely the worst person I've seen in this sub 3 hs ago

I'm less concerned with purity of their intentions than the soundness of their policies

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StarWarsMonopoly 3 hs ago

Which means you don’t really stand for anything. If you’re willing to support and cuddle up to unethical people to get what you want (say a measly $2000 in a tax cut), I don’t know what else to tell you other than your integrity is able to be put on hold for a cheap price.

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nslinkns24 "absolutely the worst person I've seen in this sub 3 hs ago

>Which means you don’t really stand for anything. I stand for plenty of things. But I'm not going to buy that the democrats are taking some high minded stance here or on much of anything else. Both parties need to stop putting future generations in debt. Period.

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StarWarsMonopoly 3 hs ago

You still implied that the GOP policies are more sound, which belies the reality that their policies do not work and lead to tax payers taking the hit while the private sector continues on unscathed. Unless you’d like to stand against printing trillions while we have the President in office who’s supposed to be running this like a business?

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nslinkns24 "absolutely the worst person I've seen in this sub 2 hs ago

> You still implied that the GOP policies are more sound I did no such thing. I simply said that both parties are advocating for the same policy here, and both are wrong to do so and deserve criticism. Then the democratic apologists come along.

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Mr_Hassel 3 hs ago

Because one party is in charge and they were gonna pass it anyway with or without the other one.

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nslinkns24 "absolutely the worst person I've seen in this sub 3 hs ago

The fact is that dems voted for it, meaning they would have supported it even if they were in charge.

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JoesPartyDepot 4 hs ago

Meanwhile, the Dow Jones is up 500 points today because pharmaceutical corporations are gouging people and making a killing.

Disgusting.

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MarshallGibsonLP :flag-tx: Texas 4 hs ago

At this point the DJIA is completely detached from the health of the economy. It's nothing more than an off-track betting site. And if we're being honest, we should stop referring to it when discussing how the economy is doing. The reason it is so popular is that the media, and American people by extension need a simple number they can reduce everything down to.

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Karrde2100 4 hs ago

11% unemployment seems pretty simple As does $850 billion/month deficit... :(

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GirlGroupUnderground 4 hs ago

That job rejection I got from Gilead a few months back is really stinging right now.

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Mayor_Minderbinder 4 hs ago

Where my Tea Party fiscal patreets at?

trump has added $6,500,000,000,000 to the national debt since 1/20/17 and not a fucking peep about it from Fox News.

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mikelisse :flag-ny: New York 2 hs ago

> “Nobody is a fiscal conservative anymore,” Limbaugh shot back. “All this talk about concern for the deficit and the budget has been bogus for as long as it’s been around.” This is Rush Limbaugh’s response to a caller who was concerned about Trump not being a true fiscal conservative because the deficit was going to reach $1 trillion.

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latouchefinale 4 hs ago

The ICU?

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StupendousMan1995 :flag-ny: New York 4 hs ago

Hiding behind their racism over in another sub, I guess...

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TheVenetianMask 4 hs ago

Patting each other on the back for eating fast food is their latest theme.

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YgramulTheMany 4 hs ago

Thank you small government fiscal conservatives.

“And the frog said to the snake, ‘why did you bite me? Now we shall both die!”

And the snake said “because I’m a fucking snake.”

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EHorstmann :flag-ct: Connecticut 4 hs ago

Party of fiscal conservatives my ass.

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StupendousMan1995 :flag-ny: New York 4 hs ago

Federal spending rose to more than $1.1 trillion in June, more than twice what the U.S. government spends in a typical month. The amount of tax revenue collected by the federal government remained largely flat, at about $240 billion, in part because the Treasury Department delayed the tax filing deadline until July. The huge surge in June pushed the budget deficit for the first nine months of the fiscal year to $2.7 trillion.

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Chuckox50 4 hs ago

Holy shit

You’d think a businessman like Trump would have been able to avoid this near bankrupt situation

Because he has such a strong history of avoiding bankruptcy

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aZamaryk 1 h ago

Yup, what’s new. Capitalism at its best.

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mikeyouse 3 hs ago

And the head of some oil & gas lobbying group sent the reporter a racist message when she published this article.. delightful group of people defending this.

https://twitter.com/HirokoTabuchi/status/1282702008148000769

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stefeyboy 3 hs ago

What the fuck

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vectorama 5 hs ago

Tbh, I don’t care what the cost is if it means the end of fossil fuels and the government subsidized fossil fuel industry. I’d gladly give $5k today out of my own pocket to move forward from this BS!

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AmberMolly 5 hs ago

they should all be legally and personally liable to pay for cleanup from their personal funds and/or do hard time for environmental terrorism and other crimes. asset forfeiture if necessary. this is serious

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very_green_jay 5 hs ago

It should be possible to go after the millionaires filing for bankruptcy and getting the restoration costs out of their deep pockets.theh should be sued and considered directly responsible of the damage they caused

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silence7 5 hs ago

The millionaires aren't filing for bankruptcy; it's the companies. An inherent feature of corporations is limited liability - you can't go after the personal assets of the investors for the sins of the company. It *might* be possible to target management, but that requires that there be political support. If you want that, you're going to need to create it.

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CAulds Sainte-Marie-de-Kent 5 hs ago

Aren't we glad, now, that we rejected fracking (by a Texas-based company) in our own province?

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outline_link_bot 6 hs ago

Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Decluttered version of this New York Times's article archived on July 13, 2020 can be viewed on https://outline.com/wVA2wL

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Miserygut 7 hs ago

As long as pollution is treated as an externality rather than an integral part of doing business, this is going to keep happening.

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runnriver 7 hs ago

Consider EPA regulations on site-remediation.

While the companies may hurtle toward bankruptcy, their assets remain below the ground.

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SlitScan 7 hs ago

its the Alberta Way

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machine_yearning 7 hs ago

Are we great yet?

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outline_link_bot 8 hs ago

Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Decluttered version of this New York Times's article archived on July 13, 2020 can be viewed on https://outline.com/wVA2wL

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Phroneo 7 hs ago

Shocking. And the foolish humans figures over which words to change in Linux to avoid offending anyone. Not going to be anyone left to offend.

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pimpwagen 8 hs ago

It’s true. This is how anything in the environmental industry works, unfortunately. A facility might run out of compliance for years and then when it’s time for the law to strike down they close up and abandon because they suddenly “can’t afford it.” That’s why the energy and chemical sectors have $1.6 billion in taxes, because the government cleans up their messes.

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Schwachsinn 7 hs ago

you can leave out the "environmental" part there. It's how capitalism works, at least nowadays. Almost none of the jobs in the western world actually *produce something* and result in profit. Profit almost always was created because the costs for environment and society resulting from natural exploitation don't need to be paid, because Gaia can't sue.

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cotisol_politics 8 hs ago

give their subsidies to clean energy, please.

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outline_link_bot 9 hs ago

Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Decluttered version of this New York Times's article archived on July 13, 2020 can be viewed on https://outline.com/wVA2wL

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outline_link_bot 12 hs ago

Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Decluttered version of this New York Times's article archived on July 13, 2020 can be viewed on https://outline.com/wVA2wL

3

stefeyboy 12 hs ago

Full Text: http://archive.is/UxeZt

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eyewhycue2 15 hs ago

How is those allowed? Why is no one taking them to account?

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GrandDukePosthumous 14 hs ago

It's the corporation which did the crime, the poor innocent executives who had total control over the corporation are helpless victims in all of this. They ask that you not judge them in this difficult time for them, and offer campaign contributions to any member of congress who sympathises with their plight.

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outline_link_bot Yesterday

Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Decluttered version of this New York Times's article archived on July 13, 2020 can be viewed on https://outline.com/wVA2wL

2

outline_link_bot Yesterday

Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Decluttered version of this New York Times's article archived on July 13, 2020 can be viewed on https://outline.com/wVA2wL

1

outline_link_bot Yesterday

Fracking Firms Fail, Rewarding Executives and Raising Climate Fears

Decluttered version of this New York Times's article archived on July 13, 2020 can be viewed on https://outline.com/wVA2wL

1

RandomCollection Yesterday

https://archive.is/UxeZt for those who do not wish to visit the NYT

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CTownerIsGarbage 1 h ago

More selfish anarchist nonsense. Get over yourself.

BTW bitcoin doesn't protect shit any more than gold does.

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AKeveryday 53 mins ago

It actually does. The government can come and physically take your gold pile if they wanted. They cannot take bitcoin.

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Mark_Bear 5 hs ago

Please keep in mind, we don't get our rights from the government. Rather, the government's only legitimate powers are given to it, by the people, that is, the consent of the governed.

The Constitution does not give rights to the people -- read it, you'll see. The Constitution enumerates the few legitimate powers the government has (along with describing the executive, legislative, and judicial branches).

The Bill of Rights does not give us our rights. Rather, it expressly prohibits the government from violating our rights and from seizing powers not specifically granted to it.

So, where do our rights come from? We are born with them. If/when the government becomes abusive enough, we have the right, the duty to replace it.

Keep that in mind.

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VampireVlad 5 hs ago

I wholeheartedly agree, but at the same time our forefathers have consented to institutionalize everything under the protection of this government that we're having. They made sure we wouldn't think about replacing it for rational and practical reasons, but instead constantly appeal to said institutions, cast our vote every electoral cycle and then hope for the best. My grandparents have seen it happen when they were children, when you get a communist and atheist government: when communists take over, there are no God-given rights. You're basically at the mercy of their ideology and rely on your ability to make friends within the higher-ranked officials. Hope you're going to do better in America, it would be a shame to let it all go to waste and have it replaced by a tyranny of communists.

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Mark_Bear 4 hs ago

Just because somebody is breaking the speed limit it does not mean there is no speed limit. Similarly, people in Hong Kong have rights. When some Chinese dickhead is VIOLATING their rights, they still have those rights - they cannot be taken from us, but they can be violated. I hope we do better, too, but most people are intellectually lazy, weak-minded, and brainwashed. They probably won't bother to make a stand until it's way beyond too late... unless there are food shortages, for example. So, it's important to know about our rights and to stick up for people who are having their rights violated.

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rojotri 2 days ago

Wow

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Snake_eyes_12 3 days ago

There are reasons why you can't sue a brokerage for losing money because of piss poor decisions. But still doesn't stop stupid people from doing certain un welcoming things.

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roofbeamcarpenters 3 days ago

I work behind bulletproof glass....it’s nice glass.

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babyletssail 3 days ago

LoL

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AvocadosAreMeh 3 days ago

I’ve delivered to their building. Unless they built a gate, hired security, and put it up at all 3 entrances it’s kind of a PR leak to start putting its users in a negative predatory light rather than themselves

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HoopRocketeer 3 days ago

Predatory? Who is predatory?

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penningfly 3 days ago

Every time I see this fucking guy's face, I want to punch it. And I don't even have a RH account..

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favouregb 3 days ago

😂😂

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DEATHROW_ELITE Newbie 4 days ago

Just read an article on this, it's not different than a casino, cant tell you how many times I've had to fix slot machines from people breaking then because they lost their money. This is no different, people lose money on stonks and they need someone to blame besides themselves.

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jonsparks 4 days ago

Trading stocks is not anything like gambling in a casino. It’s all the options trades that people are getting into because RH makes it too easy for them to get approved.

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CardinalNumber Former moderator 4 days ago

It's all gambling when you don't know wtf you're doing.

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DEATHROW_ELITE Newbie 3 days ago

Thank you haha

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ShaJune97 4 days ago

Exactly!!! Have a plan of some sort. Stock market doesn't take no prisoners.

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DEATHROW_ELITE Newbie 4 days ago

Trading stocks does have some gambling tendencies, doesnt exactly reflect a casino but they're there.

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TheWackyIraqi 4 days ago

It's like 60% luck.

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AutoModerator :automod: 4 days ago

Please resubmit with a shorter title.

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DimesOnHisEyes 4 days ago

Crazy people do crazy things.

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LilC00kieMonstar 4 days ago

Like invest in bitcoin :P

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luminiram 3 days ago

Or speculate on stocks…crazy!

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DimesOnHisEyes 4 days ago

That's definitely one thing.

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smungung 4 days ago

If they used that money to fix the damn app they wouldn’t need to do that

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CardinalNumber Former moderator 4 days ago

You underestimate how deranged people are. People show up in modmail upset about advice they read here and lost money on. I don't even read PMs or that Reddit chat mess (besides the fact that Relay doesn't support it) because it's all crazy upset people.

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DEATHROW_ELITE Newbie 4 days ago

I work in a casino, it's not because the app, it's because they're losing money.

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