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Current date/time is Mon May 20, 2024 9:20 am

Search found 2 matches for FogBow

Banter Thread 8.0

amugs wrote:
docstox12 wrote:
jmanley32 wrote:Did anyone else on Con Edision electric/gas see a almost doubling of their bill for Dec? I am outraged. How are we ever supposed to afford to live if jobs give no pay increases and costs skyrocket, 100k should be poverty level imo, its not livable with children in NYC area, and even my sister who makes more than that is struggling in Baldwinsville way upstate.


Total inflation up close to 20% over two years jman.Last winter Rockland Electric who provides my gas and electric raised the rates over D,J,F and March.
The consequences of the spiraling debt in this country is a dollar that is devaluing rapidly.You now need 1.84 to buy what 1.00 did in the year 2000.You hit the nail on the head about 100K in NYC area, after federal, state, city and FICA, you are left with not enough to get by on.As a result, 63% of people are living week to week.If you don't have capital to invest to stay ahead of this dollar devaluation, it is not easy.
I found this from Con Edison for you, maybe it would help:


But, but but the economy is strong and surging, yeah right on!!
66 different taxes of us and they keep growing and the gov't grows to an unsustainable level. 1T in debt payments and 40% of student debt, loans have not been paid since it started again in Nov and Dec. Who's bailing this conundrum out? You and I peeps in the hail of we need to save the economy - ala 2008 and COVID printing $ BS. Read so much and have so much it made my head spins to how corrupt they are and we are the pawns, minions that are told what and when to do it and be good citizens for the good of the people as they spend and give my and your hard-earned tax dollars away like water from fire hydrant on a hot summer day in da Bronx back in the day!!
Wait till the crash when the FED makes a bonehead move or two or three and exasperates the issues. Many are fearful of this happening and the haters are going to hate but it’s got to happen to flush out the crater we have dug in all markets with false money and the imaginary economic vehicle invented called.... credit!!
Markets are manipulated so when they start to pull money off the table its time.


Anyway this is incredible!!




Simply stated, Mugs, taking the dollar off the last vestige of the gold standard in 1971 has allowed these profligate spending politicians, of both parties, the ability to spend without a leash (gold standard) to bring them to heel.Debt in 1971 was under a trillion, now it is 34.They have adopted what is called MMT or Modern Monetary Theory, simply stated, a hare brained scheme that claims government debt is no consequence as long as it is issued in the reserve currency (the dollar).Can't wait to see how that all plays out.

That fog bow is amazing! Learned something new meteorology wise today!
by docstox12
on Thu Jan 04, 2024 12:01 pm
 
Search in: Official Weather Talk Thread
Topic: Banter Thread 8.0
Replies: 982
Views: 50916

Banter Thread 8.0

[quote="docstox12"]
jmanley32 wrote:Did anyone else on Con Edision electric/gas see a almost doubling of their bill for Dec? I am outraged. How are we ever supposed to afford to live if jobs give no pay increases and costs skyrocket, 100k should be poverty level imo, its not livable with children in NYC area, and even my sister who makes more than that is struggling in Baldwinsville way upstate.


Total inflation up close to 20% over two years jman.Last winter Rockland Electric who provides my gas and electric raised the rates over D,J,F and March.
The consequences of the spiraling debt in this country is a dollar that is devaluing rapidly.You now need 1.84 to buy what 1.00 did in the year 2000.You hit the nail on the head about 100K in NYC area, after federal, state, city and FICA, you are left with not enough to get by on.As a result, 63% of people are living week to week.If you don't have capital to invest to stay ahead of this dollar devaluation, it is not easy.
I found this from Con Edison for you, maybe it would help:


But, but but the economy is strong and surging, yeah right on!!
66 different taxes of us and they keep growing and the gov't grows to an unsustainable level. 1T in debt payments and 40% of student debt, loans have not been paid since it started again in Nov and Dec. Who's bailing this conundrum out? You and I peeps in the hail of we need to save the economy - ala 2008 and COVID printing $ BS. Read so much and have so much it made my head spins to how corrupt they are and we are the pawns, minions that are told what and when to do it and be good citizens for the good of the people as they spend and give my and your hard-earned tax dollars away like water from fire hydrant on a hot summer day in da Bronx back in the day!!
Wait till the crash when the FED makes a bonehead move or two or three and exasperates the issues. Many are fearful of this happening and the haters are going to hate but it’s got to happen to flush out the crater we have dug in all markets with false money and the imaginary economic vehicle invented called.... credit!!
Markets are manipulated so when they start to pull money off the table its time.


Anyway this is incredible!!

by amugs
on Thu Jan 04, 2024 11:11 am
 
Search in: Official Weather Talk Thread
Topic: Banter Thread 8.0
Replies: 982
Views: 50916

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