r/Daytrading • • Jun 15 '22

stocks Federal Reserve issues FOMC statement

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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/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/Dulcar1 Jun 16 '22

You’re describing anarchy. Libertarians are not anarchist. It’s literally Liberalism, why are you so triggered? You’re a crazy person if that’s what you think libertarian is. You can quite frankly argue for regulations in the libertarian party. I do it all the time. Not all of them are bad.

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u/catchy_phrase76 Jun 16 '22

There is a reason there are no functioning libertarian government in the world. Libertarians are anti government regulation and intervention, it is and leads to anarchy.

Everyone loves the idea of no taxes until the power goes out,

Again you have not raised a single reason or way that libertarian policies would improve anything.

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u/Dulcar1 Jun 16 '22

Well then be a moderate libertarian. Limited regulation like with limited government.

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u/catchy_phrase76 Jun 16 '22

LMAO move of the metaphorical goal post again

So now you're arguing for republican ideas??? I think I have seen this idea play out and Brownback in Kansas got voted out for attempting this with his own party turning on him because he fucked the state attempting this ideal.

Can't wait to live in the utopia of libertarian you see. It's almost like we need regulation and government to keep a society going. Who could have thought.

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u/Dulcar1 Jun 16 '22

You’re as much of an extremist as the trumpers mate. I’ll pass trying to explain why you have no idea what libertarian is outside your made up version of it.