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 Schumer Says The Unspoken
Whitehat 11k posts, incept 2017-06-27
2022-11-22 17:06:08

@Radiosity -- yep.

It requires a society which consumes it too.

smiley Je souhaite

Quod tu es, ego fui, quod ego sum, tu eris
Tickerguy 190k posts, incept 2007-06-26
2022-11-22 17:07:09

@Cyben that's not true at least not in the 1970 timeframe. But - a 20% down payment and an actual 10% reserve ratio at banks and S&Ls were both real and enforced.

The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Rokwell 68 posts, incept 2008-10-23
2022-11-22 17:41:25

$87,864 median income sounds high, where did this come from? $78k maybe, census bureau says $70k

Things are probably worse than your describing, stop sugar coating stuff!!
Tickerguy 190k posts, incept 2007-06-26
2022-11-22 17:42:01

ACS which is more detailed. Same source though (Census)

The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Ee4fire 755 posts, incept 2011-03-24
2022-11-22 18:30:39

I posted this in another thread, but it deserves repeating. Rep. Schweikert of AZ made this speech on the floor of the House November 16, 2022. It is about 8 1/2 minutes long, but worth the time.

He hits on much of what Karl has talked out with the health spending of the federal budget along with the interest on the national debt and how it is unsustainable. He uses numbers and charts to show the problem. The problem is most of the House, Senate, and Administration will ignore his presentation. It won't buy them votes.

(Politicians), 536 commoditized temple monkeys pawing through the ruins of America in search of bribes. (The District of Corruption) works like a vending machine. You put coins in the slot, select yo
Eleua 21k posts, incept 2007-07-05
2022-11-22 18:31:03

a 20% down payment and an actual 10% reserve ratio at banks and S&Ls were both real and enforced.

Given the savings rate most 'Murhicanz have, what would be the price of homes if that paradigm made a comeback?

Catastrophic loss across the board.

Diversity + proximity = WAR

-They wanted camps; I want ropes.
Tickerguy 190k posts, incept 2007-06-26
2022-11-22 18:31:14


The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Eleua 21k posts, incept 2007-07-05
2022-11-22 18:47:10


The price needs to drop precipitously for the next generation to have a chance of family formation and capital accrual.

Also, college costs need to drop. Simple. Make students loans originate with the university that accepts them, and dischargeable in BK.

Colleges would drop their prices like a stone, and would likely seek out students that can actually master the material, rather than fill a DiE quota (that totally isnt a quota, but really is).

Diversity + proximity = WAR

-They wanted camps; I want ropes.
Tickerguy 190k posts, incept 2007-06-26
2022-11-22 18:47:27


The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Lastquagga 20 posts, incept 2022-04-30
2022-11-22 19:07:00

@Cyben "Yes, there are going to be literal heads on spikes."

If only there were somewhere close at hand with lots of spikes all in a row. Bonus points for somewhere symbolic.

@TG, agreed that a collapse of house prices via that mechanism would be wonderful news. Yeah, I'm free and clear, so I'd be worse off, but it would make things so much better for my kids and grandkids.

It would be great to continue that concept, too. Student loans screwed up tuition prices the exact same way. Medical insurance, medical costs. Car loans, car prices. Etc.
Cyben 55 posts, incept 2022-10-21
2022-11-22 20:52:12


What fractional reserve once meant and means by commonsense is that a bank can only lend out a certain fraction of its holdings, with the rest the "reserved" fraction. Lend 90% reserve 10%.

Now, to my understanding, it means is that their reserve only has to represent a certain fraction of what they can lend out. Lend 900% because 100% is a tenth of that.

I'm not a fan of new professional definitions that mean the opposite of the commonsense interpretation. They are not a sign of nice things happening in the future.

While the system can still have the same downsides with an original fractional reserve, it's exponentially more restrained. It can be represented as a parasitic load function, and typically say a 5% load is probably bearable where a 50% load probably isn't.
Whitehat 11k posts, incept 2017-06-27
2022-11-22 21:48:02

Great points TG and Eleua and Lastquagga.

My children would probably consider family formation here in the States if these things happened.

Said in jest, what is done for the parents and students who ate the obscene education costs up front before the New Reformation. Would be nice if some clawback was created. Can't happen, i know. Just fun to think about it.

smiley Je souhaite

Quod tu es, ego fui, quod ego sum, tu eris
Tickerguy 190k posts, incept 2007-06-26
2022-11-22 21:48:20

Oh yes it can @Whitehat.... people just have to be willing to use their claws.

The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Evergreen 212 posts, incept 2021-12-26
2022-11-23 06:25:51


How many colleges 80-100 years ago vs. today? How many professors vs. today? How many administrators vs. today?

Don't have the stats, but a fair guess would be fewer then than now. Ironic that with the expansion of relatively free access to the world's libraries of knowledge, demand for spoon-fed, intellectually void, refined carbs and the accompanying tuition has skyrocketed. Amazing. Not really, not if one studies human nature and history.

Ditto medicine.

Whitehat 11k posts, incept 2017-06-27
2022-11-23 06:26:00

Fun to think about, but not really justified. Price was accepted at the time upfront. Yes, it was overall a form of extortion.

It is rather interesting that those who chose debt can argue for forgiveness of some or all of the principal.

Weird when it comes to equal protection under the law.

Filed under things which will never happen.

smiley Je souhaite

Quod tu es, ego fui, quod ego sum, tu eris
Doladin 77 posts, incept 2022-01-15
2022-11-23 06:26:09

It makes me incredibly angry that the Government is always talking about an ageing population, the need for more workers and taxpayers, and that the solution is always more immigrants. Not just Westerners, but Indians and Chinese with a good sprinkling of criminal refugees.
We bring them in, put them on welfare, and then allow their whole extended family to come in, also straight onto welfare. Yes, that includes retired Granny that goes straight into the healthcare system.
Not once is there any payments or even tax incentives for citizens to have children. Couples aren't even taxed as a unit, it's still the individual. Mind you, we have a >40% tax rate, and pay minimum 10% sales tax on EVERYTHING.

Honestly, the issues of the Western World could be fixed quite quickly if there wasn't a concerted effort against it. The issue is much more insidious than socialism vs capitalism
Coromandel 8 posts, incept 2021-06-24
2022-11-23 06:26:30

Race isn't a social construct - society is a racial construct. A nation is fundamentally its people, so if/when you elect a new people, the original nation ceases to exist.

I mostly agree with Joancrawford, except...

Things will go belly up long before the demographic balance tilts decisively to the advantage of duh-ver-****ty. Those who want to use S.A. as a model need to remember that people of pallor were never much more than a fifth of the population (plus Anglos and Boers weren't really united).

Two caveats: the numbers are even worse when you look at the younger cohorts of fighting/breeding-age population; if the rumors are correct, the majority has a higher uptake of the clotshots than the vibrancy, so a lot of palefaces will be dead or crippled when things go hot.

Two counter-caveats: multiculti ****holes are a war of all against all, and the moment the bottom falls out, all the vibrancy will be at each other's throats too; YT has always punched way above his weight, which explains why a small share of the global population basically created the modern world while ruling it for half a millennium. Plus, nearly all the people who took the clotshot are commies or cucks (commies in drag). Being rid of these worthless backstabbers will actually make it easier for the moral minority to do whatever needs to be done when the time comes.
Tm22721 1k posts, incept 2008-01-09
2022-11-23 06:26:56

Another problem is the government meddling in the price of money which you have been pointing out for years beginning with Leverage. Technology drives the cost of all prices down so the government must offset that with inflation to preserve the bezzle in the finance and health care sectors. That problem has been coming to a boil ever since ZIRP hit bottom. But unlike Japan or Europe we have not accepted negative rates. Yet.

The cheeze in the mouse trap is always free.
Neal 236 posts, incept 2014-01-09
2022-11-23 07:41:22

@lastquagga, how would you be worse off if house prices dived? You have a house free and clear either way and if you wanted to cash it in then yes you would get less cash for it, but unless you plan on being homeless then that smaller amount of sale cash will buy another house of similar quality. The losers will be those underwater on mortgages, plus the banks getting jingle mail. Whats not to like?
Cyben 55 posts, incept 2022-10-21
2022-11-23 10:55:47


The bank bezzle could actually increase without that, just in direct proportion to general population growth. People who can get X cheaper than before now have incentive to add Y to the cart as well. Things being cheaper doesn't meam less money flowing, it means more items moving via the same money flow.

The only case where the bezzle needs extra help to "maintain" is when the bezzler population is growing faster than the gen pop.
Lastquagga 20 posts, incept 2022-04-30
2022-11-23 12:50:49

@Neal, "how would you be worse off if house prices dived?"

For the same reason I'd be worse off if they hyperinflated the currency, or crashed some stock I own, or if someone were to figure out a cheap way to change lead to gold. Whatever form my current assets are in, if the price for that form drops relative to other goods and services, what I have trades for less.

Ideally, an estate has no real estate, consisting purely of liquid and divisible assets. As my end draws near, I intend to be renting.
Whitehat 11k posts, incept 2017-06-27
2022-11-23 12:51:16

I was thinking about this thread and something came to mind.

One cannot really blame Schumer for anything. Surely he is a Narcissist and a left-wing *******, no doubt. Very few of us who even lived with him and might have benefited from his BS actually like him.

It does show something for which i will give him credit. As warped and self-centered as his personality truly is, he still has the human ability to perceive serious threats to the culture or at least aspects of it.

The real debate we need to have is what we need to do to address these serious problems. The interesting thing about these problems is that they participate in existing and also create mechanisms as they progress. In essence they propose their own solutions. Schumer is actually hoping to prevent some of these from falling into place. Focus on the prevent.

A drowning man will hold so hard as to drown others.

Schumer is not trying to destroy society by such import if one could see into his mind. Merely his profession has internal mechanisms, limitations and accepted routines loosely associated with their usual agenda which are being naturally applied. When the only tool you have is a hammer; everything looks like a nail.

This population issue is not new, neither are the economic or societal ones. Some argue that ***** was merely an existential reminder which was why it scared many people, perhaps it and its poorly thought out mitigations merely accelerated the processing of these issues while adding a few twists of their own. Perhaps *****-BS messes are what people do when society is already in a sustained decline as the situation speaks to many emotions already in the collective experience. They are simply magnified.

The hard decisions are going to be made, not in the cliche, "for us," by the situations themselves, but by us and those of us who take action and have access from the major to the mundane. It will merely happen. If the fire bell goes off, it usually summons someone who is already a fireman. There are people in place and mechanisms which will act as our societal path continues.

Our choice as citizens is to either take an active role or allow others to do so automatically.

smiley Je souhaite

Quod tu es, ego fui, quod ego sum, tu eris
Eleua 21k posts, incept 2007-07-05
2022-11-23 18:07:37

Nothing unites the Right. No matter what, you will have significant portions of the Right who will boycott elections and erode support for, otherwise very good, politicians based upon a purity spiral.

The Left is, by far, more diffuse in their issues and voter blocs. However, they are all, and I mean 100%, united by the concept of White replacement.


That's why the Left can openly whistle about it, and it is also why the Left defends it by all means. If anyone on the Right brings it up, the Left, IN UNISON, shouts them down, cancels them, and brings about violence to suppress it.

They must keep the Right concentrating on purity spiraling, and not unifying against the unifying issue to the Left.

The Left calls the response to their White replacement agenda "White Nationalism," which is taboo #1 on their list.

Go ahead. Try "White Lives Matter" or "It's OK to be White," or "End Racism Against Whites." Say a certain 14 words in order, and you will be forever branded a modern NAZI.

Nobody, and I mean NOBODY, campaigns as a White nationalist. Nobody says Europe is for White people, when Whites are the aboriginals of Europe. Europe is to be "diverse," but nobody says that about Mexico, Japan, China, India, etc.

Schumer is just ushering in the new Americans. The Heritage Americans are a problem to those he feels closest to. whomever they may be.

Diversity + proximity = WAR

-They wanted camps; I want ropes.
Abelardlindsey 1k posts, incept 2021-03-26
2022-11-29 12:26:13

I just read an article on Asia Times about how South Korea faces demographic decline because no one is having kids. One thing the article does NOT mention is that Korean companies are notorious for a mandatory retirement policy at 50 years old. As a result, lots of older ex-employees end up opening small restaurants or driving taxi cabs in order to make ends meet. Kids growing up see this happen to their fathers and decide "I don't want to experience this myself". So, they decide to live a "minimalist" life style while making as much money as they can, but enjoying life along the way, so that they have enough money at age 50 to, say, go retire on the beaches of South East Asia. Of course a part of the minimalist life style is the avoidance of marriage and kids. If the South Koreans collectively are serious about addressing the demographic issue, one of the first things they need to do is to end this mandatory retirement policy.

There is a somewhat different dynamic in play in Japan. The Japanese domestic economy is structured around extracting money out of you every time you do something or even turn around. The effect is especially pronounced in everything involved in the having and raising of kids. On the other hand, Tokyo is actually a fun place to live if you stay single and don't have kids, again saving money every step of the way in order to retire to those beaches of South East Asia, along with the aforementioned Koreans.

As Glenn Reynolds says from time to time on Instapundit, incentives matter.

Its all in the mitochondria
Bakerv 1k posts, incept 2021-04-21
2022-11-29 15:30:34

I think Vlad is paying families to have kids.
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