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Joined 2 years ago
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Cake day: August 24th, 2023

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  • They already tried this in LA with privatizing the public transportation system back in the 50’s. The big car companies bought it all and dismantled it in favor of selling their cars.

    Most of Amtrak loses money except for the NE corridor. So if you privatize Amtrak it means even worse service and eventually no trains where it is not profitable.

    Same with privatization of the USPS, it just means less services for a higher price until they decide to close it altogether because email will replace letters altogether. Say good by to any privacy since all email is monitored and capitalized for marketing.

    Fuck fElon Muskrat.















  • The US government is not funded by taxes. Let me repeat that: THE US GOVERNMENT IS NOT FUNDED BY TAXES.

    Since the USD is the defacto global currency and is backed by oil, the US can print as much money as it wants to pay it debts or fund government programs. Hence the reason for the US’ constant wars over oil resources. Got to feed the oil machine.

    Taxes are used as COLLATERAL for further loans and to pay the interest on the existing government debt.

    Money is created by selling bonds and again using the magic of fractional reserve banking to inflate the money supply.

    The US is the only country that can pay its debts by printing its own currency.