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Oct 31, 2024
12:59:23am
Jstak17 Political Junky
Agree. I look back at the 2008 banking crisis as the clear indicator that the
power of government is on the side of special interests and the political careers of politicians and government employees.

Those banks should have reaped what they sowed. “Too big to fail” was a sorry excuse for out of control spending and socialist control over finance. Capitalism has winners and losers. No industry should be protected from risk like banks are. They win they profit. They lose the tax payer has to pay. It’s sickening. And it’s both parties.

From that point, we collectively decided that public debt isn’t an issue. And no one since the tea party says a thing about it. Except Rand Paul. Who is the best senator we have imo.

This spending is the true, longterm cause of inflation. And it will continue. Hopefully not 7% or higher. But around 4-5%. Which over time, is pretty devastating to the living standard of the middle class. Let alone the poor.
This message has been modified
Originally posted on Oct 31, 2024 at 12:59:23am
Message modified by Jstak17 on Oct 31, 2024 at 1:02:51am
Jstak17
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Jstak17
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