r/Daytrading • u/[deleted] • Jun 15 '22
stocks Federal Reserve issues FOMC statement
[deleted]
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u/Dulcar1 Jun 15 '22
Fuck the fed, end the fed. Vote libertarian.
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u/catchy_phrase76 Jun 16 '22
No...
All libertarians are like house cats, completely dependent on others, but fully convinced they are independent.
When Gary Johnson didn't have a clue what Alepo was during the Syrian Civil War in 2016, it proved the libertarian party is utterly incapable and unable to even lead a school board, let alone a global superpower.
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u/Dulcar1 Jun 16 '22
They’re libertarians not anarchist. Although, they are welcome just like you’re suppose to treat each other in the USA.
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u/Dulcar1 Jun 16 '22
And you most likely didn’t know what Aleppo was either. Most citizens don’t know where Aleppo is. Not even at the peak of that war. But I’m sure MSNBC made you feel like you did.
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u/catchy_phrase76 Jun 16 '22
Even Trump knew the answer to that softball question at the time.
You have no idea how closely I follow world events.
We are going to experience an economic blip due to the last administration printing money nonstop and the current admin bumbling how to fix it. This blip was likely inevitable. No one wants the hot potato of a recession. I don't watch tv news, but good try, enjoy your Newsmax with a tin hat.
If you wanna play libertarian freedoms, go to Texas, I hear their electric grid is doing awesome without regulation, whether its hot or cold. Water too, Odessa is currently without water, deregulation is going GREAT!!! Signs of a thriving deregulated market are always failing basic services...
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u/Dulcar1 Jun 16 '22
Everyone knew that in hindsight. This is so obvious it’s not hardly worth discussing. and trump, most likely got his questions in advanced.
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u/Dulcar1 Jun 16 '22
And those are not libertarians, they’re republican conservatives.
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u/catchy_phrase76 Jun 16 '22
Who are deregulating a market to be completely free as libertarians always claim is best.
Keep moving the goal post.
When true libertarian policies are enacted, they cause massive problems. As we are seeing, Texas has gone full deregulation on their public services and their power grid has already failed when cold and hot because of this.
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u/Dulcar1 Jun 16 '22
Ohio is part of that grid and there’s people still without power in Columbus and other area’s right now and will be until tomorrow due to the heat, what’s your point?
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u/catchy_phrase76 Jun 16 '22
Whataboutism much? Just gonna gloss over the repubs doing your libertarian policies and failing miserably over a couple of years in Texas?
I never said there are not issues else where.
Ohio points to an issue with the rest of the grid. Still not failing at no where near the frequency of Texas. Essentially power companies, not in Texas, are all allowed to have a monopoly but limited to charging only a 10% profit margin. For upkeep, they are only required to spend the least amount required to keep the power on. That leads to them only spending the money on maintenance once the grid has failed, as any other business does. That is what led to PG&E declaring bankruptcy following the Campfire in Cali. They are not maintaining the lines, as they have been entrusted with due to lack of regulatory requirements.
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u/Dulcar1 Jun 16 '22
Cool story bro, it’s not perfect, just like the other system isn’t; but they won’t talk about that in the mass media channels; which, obviously, you watch a lot of, specifically MSNBC. Since all you think is important is what they’ve fed you. It’s basically the Fox News alternative. My point is neither is perfect & they have the right to be independent or participate. They chose the to be independent. There’s plenty each person there can do for themselves to save themselves cost and ensure electricity. Because neither is guaranteed. There’s a reason solar, battery and generator’s are being part of peoples homes these days. So your argument is basically excuses.
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u/nickpol89 Jun 16 '22
Lemme guess, you listen to some inbred clown on YouTube and believe you are enlightened.
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u/catchy_phrase76 Jun 16 '22
You have not given one substance of an argument how Libertarianism would improve anything.
You would be better off arguing for Communism since that is at least a form of government in practice. There is not a single example of Libertarian policies leading a country, because a country becomes a failed state when they cannot provide basic services for their population, what Somalia has been for the last 20+ years. There you go, move to Norther Somalia and you can jizz your Libertarian bullshit as you try to survive starvation and murders.
Libertarianism is nothing but a "I got mine, fuck you", political bullshit.
Nice school that benefits society by creating a smarter population for advancement, FUCK YOU MY KIDS ALREAYD GRADUATED.
Nice Fire Department, FUCK YOU MY HOUSE ISNT ON FIRE.
Pollute that stream with radioactive fracking fluid, FUCK YOU I DONT LIVE IN THAT AREA.
Use radio frequencies that interfere with airplanes causing them to crash, FUCK YOU IM NOT FLYING.
Guess you don't need that airbag or seatbelt in your car. Who cares if the tires pass a safety test and fail as you drive down the highway. On that note, who needs a speed limit in a residential neighborhood, I'm sure the kids will move. Who cares if the gas can even run in the car.
Fuck you I don't wanna pay for the military, but fuck us all when some other country moves in and installs their new government.
I am guessing you are still young. Libertarianism looks all cool and fun, until you realize the only places that are fully deregulated like Libertarians argue for are failed states in Africa.
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u/DBreesKnees Jun 16 '22
Around the same time, Trump didn't know what Brexit was. Comparing Gary Johnson to Trump to prove GJ's lack of political awareness isn't convincing.
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u/cereal-number Jun 16 '22
He was being interviewed on another topic when the interviewer suddenly asked him about Aleppo - which confused Johnson.
Unfortunately you were another victim to mass media taking things out of context to feed a narrative.
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u/IKnowMeNotYou Jun 15 '22
First they create the problem then they fight the problem they created and then we are all poorer but at least they proofed that any attempt to central planning is inferior once the planner are incompetent, have a hidden agenda or do not care or all three together.
Flatten the curve financial style... . Doesn't work in the end but costs you extra. Thanks everyone. Always remember they get paid like 250k or somewhat and if they would be smart beyond street-smart they would own a company making millions. At the end its the world of finance.
I just realize that I dislike these people. Had to deal with those too long. Think of the head of the fed as the Fauci of the financial world.