politics

and our yearly deficit is still growing

and this year there's also massive pay raises for congress

why do they love debt so much

it keeps the plebians poor

Leg, that part is easily defensible imo it just sets them at the max locality pay for gov workers in DC

it should be tiered, but for w/e reason they all need to make the same

committee chairs or tenured roles should pay extra

but in general, they're raising it to low 200s

which is fine in this area

there should be no tenured roles in a good congress

I meant appointed roles, like whip or speaker or w/e

but yeah, i ngernal I wish their was tiering, so they would start as an executive I on the pay scale

and could eventually become Executive III or w/e

if they improved the economy for low and middle class people and worked on reducing the debt, wouldn't they make more tax money for themselves? idk if saying they want people to be poor is right, unless i just dont have the right mindset

flat rates for 600+ people seems dumb

in my mind it just makes no sense to keep people down when you can make more and not risk being despised by actually improving things over lining your pockets in short term

Dialga, imo there's very little the federal government (in this case congress) can do to foster economic growth

most of that comes from the state government

federal government is choosing what to spend federal tax dollars on, most of which is not going to spur on economic growth

The government can try incentivize it though

dialga the federal reserve actively causes inflation, which makes people poorer

military spending technically encourages buying from weapons manufacturers etc.

and I guess I should be somewhat charitable, there is money going to people in ways that increases their purchasing power, food stamps etc.

but very little is long term growth stuff

most of that is state-level

the government actually does do a lot, but it's state/local programs that spur growth

the regulatory agencies can tone down the regulations to let private companies prosper

the biggest thing the federal government has done recently is the Chips act, building that one TSMC fab near you ironically Dialga

the microchip thing right?

yeah

i knew about that

and i like stuff like that, where we bring businesses and manufacturing onto american soil and outsource things less

and i wish we could do that more

that's what trump is trying to do

If tariffs go into place, a lot of states will have to begin working harder to do just that

also less things like what england is doing with taxing farmland so they can steal farmers private land and make it government land that will never be used

dont do that

I think fucking with farmers is the most generous game you can play

like how blackrock has obtained all of the ukrainian farmland through the money laundering scheme?

the food supply is not infallible

oh right blackrock

unless you go full USSR

man i wish those guys would go away

They won't, they hold all the US investment money

there's a point where a company has too much control over everything

something like 1/5th or 1/4th of all of peoples' retirement savings, are controlled by Blackrock

yep 1/4th

just looked it up

so yeah, they have infinite money

and their only goal is to create mechanisms which make them more money

was DEI supposed to make them money

cuz i dont think it is

unless its a stock shorting scheme

isn't that that a comapany that split from them?

The purpose of DEI is advertising, and Dialga it ended up not working which is why it's falling out of favor

but yes, it was supposed to make the companies they had invested in worth more

that was the theory

that was a pretty bad theory

in general, the idea of Blackrock isn't bad, it's the scale at which they have to be successful that's bad

i just dont like how a single investment company has so much sway

they can't just buy 10 investment properties and collect rent

they have to buy 10 million

like i feel there should be some regulatory issue with a company having shares in literally everything

so everything they do needs to be done en masse, and be as shoddy as possible because otherwise you can't operate at the necessary scale

almost like a monopoly but its not technically a monopoly because they dont actually make anything

I actually think banks and investment banks could be reasonably broken up, issue is they'll just consolidate again

because the most profitable thing to do as a company trying to make 10% profit per year

Okay, but what if you kill one bank CEO a year

is to buy another established company that is smaller than you, trying to make 10% profit per year

they grow back two ceos

hey pika when does your next discord ban happen

When Polu gets a call back drom discord who reached out trying to hire him

he will snitch on us

I forgive him

lol, Polu having to put pronouns in his bio

would be so funny

he could just delete that code and quit

also, unless Discord is going to pay Polu in lucrative stock options, no way it's worth it

I would bet on Discord getting acquired though

so if his shares vested in <2 years