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I saw someone shit on the sidewalk within 3 hrs of arriving in SF earlier this year. I was in LA for an overnight stay 2 years ago and saw more homeless people in 24 hours than I have seen cumulatively in the rest of my entire life including many years living in other major cities. There are very nice parts of California. But those places are either very far from the cities, or near the cities and prohibitively expensive

Because every wild left fringe idea right now will be a mainstream democrat view in 5 years, and probably policy soon thereafter. The constant crusade to be ever more progressive dictates that they always have to out-do their past selves to continue to attain virtue. AOC is the foreshadowing of where the left is going to try to drag the Overton window. So maybe it's worth debating the garbage ideas now, before they take hold and cause real damage. Maybe right now we can chalk up The green new deal and other AOC proposed crap as some pie in the sky nonsense from a juvenile queens bartender/tik tok star. But come find me in five years when we've tanked the economy (further) in the quest for a racially equitable climate justice utopia. Then it will be very apparent exactly which of her policy prescriptions negatively affect you personally.

Awkward FO- “Parking checklist complete. Good flying with ya, maybe I’ll see you on another trip soon!” CA - “Yeah, about that. Here’s my employee number. Do me a favor would ya…”

You’re smarter than this. Has she built multi-million dollar businesses? Did she expose actual corruption within our government? Has the media aligned against her to blow every comment out of proportion and take each glib remark out of context? Has anyone won a Pulitzer for spreading lies about her? AOC is a radical revolutionary with niche appeal intent on tearing down this country. Say what you will about Trump and his off-putting mannerisms, but the man has statistically significant voter appeal and leads a political movement based on prioritizing American security, energy independence, and economic growth, all while facing historically unprecedented resistance from a media-government inner circle. I see zero equivalence between him and AOC other than a bent towards showmanship.

dear all, anyone selling a Breitling limited edition? VR M

She's a US Congresswoman. Policies she puts forward affect me as a US citizen. I'm in the community she has influence over - the US.

This is laughable. He’s a washed up mail order steak salesman who cares about nothing aside from his own self interest. Any argument that he gave two shits about our country has been blatantly dispelled over the last few weeks. The man wipes his ass with our constitution & the Republican Party needs to ditch him faster than a cheap prostitute. I’m not an AOC fan either, but say what you will about the Dems, I don’t see them nominating her for president any time soon. Rs now have the unfortunate reputation of really and truly letting their loons run the party.

So… what do you think the stock portfolios of certain in the know members gets of Congress looked like say 4 days ago… Sent from my iPad using Tapatalk

They don’t affect me personally, but I love this country, its foundations and the constitution - and I don’t want the dumpster fire that is her district to become mainstream American.

From the Army side, we could not have maintained the constant deployed footing we did without the C-17…. Unless we had some sort of doubling of the 5’s we would never have been able to meet the movement requirement of width of cargo with the 141 or other platforms. The entire maintenance model for ARSOA is built around the fact we have a wide body stratair platform that can support a theatre requirement to move airframes back for major maintenance. Not arguing that everything is a trade off… but we would have been solidly F’d on numerous occasions without something fat wide and capable in between the 5 and 130. Sent from my iPad using Tapatalk

If enough people bother the FSDOs about a mil equivalent for the 767-2C then the FAA will establish one. The LDS (not the Mormons, sorry) is already in use on the 787/737MAX and being installed on the FedEx/UPS 75/76. File a complaint with your FSDO (OK, KS, NJ, NH, NC) that the FAA hasn’t evaluated the 767-2C for inclusion under the pilot type provisions of the existing 767 type.

People like this are allowed to vote…

Shocking because all I’ve heard over the last several years is pilot shortage and sending a FAIP outside of pilot production is surprising. Not outside the dudes skills or anything, just a production standpoint.

The arguably less capable aircraft? On brand.

That bent towards bloviating showmanship is exactly what I was talking about. Their presence on the political stage, not what they have or haven't accomplished in their lives. He vomited out stupid shit constantly. The most comical was the sharpie modification of the hurricane thing, at least that was my favorite. 90% of of the stupid bullshit, people on the right just ignored. "Trump's just bullshitting" sort of response. At least that's my response. I have to think there is a similar thing going on, on the left. She opens her mouth and I get pissed off. But that's the same response on the left when Trump opens his mouth.

Reading the Air Force Amn/NCO/SNCO Facebook page about finance is comedy gold! Highly recommend!!

With regards to AOC, anything that comes out of her pipe hole? But if you want specifics: -Green New Deal, running Amazon out of NYC costing her constituents 25k jobs, comparing combating climate change to fighting the nazis, not understanding how unemployment works (thinking unemployment is so low due to people working two jobs), accusing Ted Cruz of trying to murder her for the Jan 6 spectacle which didn’t even occur in her building, claiming Billionaires shouldn’t exist/her radical tax ideology, comparing southern border detention centers to nazi concentration camps (those “cages” still exist but Democrats are in power now so, nothing to see here), wants to eliminate Border Patrol, supports open borders, supports defunding the police, anti second amendment, claims it is okay to spread misinformation as long as she is “morally right”. Want us to go on? The fact she got re-elected (over a Jamaican Republican businesswoman as her republican contender) tells me everything I need to know about the people in Queens and why it’s the armpit of America. She sucks, and so does the rest of the “squad”. Zero sympathy for her.

When you’re not doing well with the current definition, just change it. “White House says a second consecutive quarter of negative GDP 'unlikely' to be indicative of recession” https://www.foxbusiness.com/politics/white-house-says-second-consecutive-quarter-negative-gdp-unlikely-indicative-recession

A few that stuck around for 20 did get fighters as the Recce sqds were closing down. That one low level ride we received in the -38 turned me on to the RF-4C and made a career killing move taking it over the F-4. Only regret was not having a chance to fly the F-5E. LL is still in my blood as I flew a 1.5 hr "sortie" this morning and never got above 1000' agl.

Biden's new Ministry of Truth Czar says "Verified" people like her should be able to edit other users tweets. She gets to decided what the truth is... I know I know...trust the government, chew your cud citizen, all is well. UFB Lunatic.mp4

I can break it into two parts to help you read it. Neoclassical econ asserts that money is exogenous, like a lump of gold that produces X coins (we won't get into medieval coinage), or the gov creating Y bank notes (we won't get into the creation of the BoE). Given some constant exogenous lump of money, the set of available projects at a given time determines where that money will flow as investment. The individuals who hold it (savers) always want to maximize their return (individuals are utility maximizers with insatiable wants, and have all available info on all projects at any moment all the time). There is a natural rate of interest, like a natural law, according to the available technology (which defines labour productivity). So, in this fantasy world money flows towards projects according to these natural features, the money can't go anywhere else. Its powerless. Exogenous money is critical to this vision. People save money (collect it) then invest it, investment determines capital, which determines total amount produced. In this interpretation, there is one good (like corn), which is consumed, invested, and used as money. The problem is if money isn't exogenous, what changes?

The deferred asset the Fed is creating as we type demonstrates that money is not an exogenous commodity, like gold. The Fed can write a liability to its ledger and is only constrained by the political rules we define for it. The Fed doesn't have to purchase private assets, like bank loans, in order to create reserve deposits. This money is not preexisting, and someone makes the determination of who will receive that money, in this case banks. And money is what allocates all resources--which means that there is a strict hierarchy created at the moment money is created.

Just saw your edit ViperMan, and I'm replying in this thread given the subject. So I can clear up this confusion, if you'll bear with me. Even if it sounds crazy, gyro tumbling crazy. When you object to money being printed, is it clear in your mind what exactly money is in that scenario? In other words, when money isn't printed, where does it come from, where is it kept, what is it? In the second quote (Lord Ratners'), we must ask ourselves: when money does exist for the gov to spend, where and what is it? Because we can imagine the Treasury General Account (TGA) at the Federal Reserve as having a positive balance (this is the checking account of the Treasury, just like our checking account at a bank). If that account is empty, so to speak, 'money doesn't exist' for the gov to spend. But the Fed can always mark up the TGA, like it did during Covid or right now. So if the account can be set to whatever value we choose, what does it mean for 'money to exist' or 'not exist'?

All money is 'printed'. Whether its the Bureau for Engraving and Printing (which creates cash, a Fed liability), the Mint (coins, a Fed liability), the Fed's ledger (digital reserve deposits, a Fed liability), or the Treasury (US Treasuries aka money market collateral, a Treasury liability). We think that this stuff is money, but 97% of money is private. Created by private banks. And there is no other money. So what's different between the Fed (a bank) creating a loan to buy a financial asset, and Wells Fargo creating a loan via a credit card for you to buy a financial asset? We can replace what we're buying, rather than a financial asset, we could buy an airplane (F-35 vs a Boeing commercial aircraft), pay employees (gov payroll, firm payroll financed via commercial paper), etc. The action is identical, the purchase equivalent--but your belief is that one is printing money, but the other is not. When in fact they are the same. All money is 'printed' by banks.