US Politics, Culture, and Society

[Budd Dwyer 6,220]

Yeah, i don't give a shit, tbh

[John Bonham 25,635]

[RedHook 7,295]

 

 

Edited January 17 by RedHook

[bran 13,545]

We are so fucked....

 

[sixes unmasked 8,902]

13 minutes ago, bran said:

We are so fucked....

 

 

But at least he's not brash

[Damn_Smooth 11,872]

Imagine believing you need cognition to be president.

Edited January 17 by Damn_Smooth

[arnold layne 11,400]

The IRS fucked us all and said you won't be getting your tax return until mid February. 

 

Because, well, even though half the country is under employed and living off $1,800 since April, fuck you. That's why. 

[Budd Dwyer 6,220]

1 hour ago, bran said:

We are so fucked....

 

If the gov officials hiding the nuke codes from Trump, but giving this severely demented and extremely exhausted nursing home (p)resident the green light, everybody is fucked, IMHO. 

[Bill Brasky 15,473]

 

[bran 13,545]

11 minutes ago, arnold layne said:

The IRS fucked us all and said you won't be getting your tax return until mid February. 

 

Because, well, even though half the country is under employed and living off $1,800 since April, fuck you. That's why. 

Shit I never got my second stimulus lol.

[arnold layne 11,400]

We are all going to be living in tents during COVID-23.

 

If you're lucky enough you'll see the Chinese parachuting out of planes to round us all up too.  

[Bill Brasky 15,473]

1 minute ago, arnold layne said:

We are all going to be living in tents during COVID-23.

 

If you're lucky enough you'll see the Chinese parachuting out of planes to round us all up too.  

Trump would've gave us classy tents.

[bran 13,545]

[Bill Brasky 15,473]

24 minutes ago, bran said:

Times you wish Trump had Twitter still 

[bran 13,545]

ban in 3...2.....1.....

[John Bonham 25,635]

Found some tweets about the inauguration I was gonna post here, but they’re all gone now

[Pappa FAT 8,369]

Biden is going to turn the u.s into the Cosby show.

Edited January 17 by Pappa FAT

[wasted 6,478]

Biden is just there to say yes to corporate interests. If he doesn’t they bring out the sniffing kids in Ukraine file. 

 

Its only going to get worse, AOC wants to put the kids of Trump supporters in reprogramming camps. 

[Budd Dwyer 6,220]

3 hours ago, Pappa FAT said:

Biden is going to turn the u.s into the Cosby show.

so he will drug the U.S. and rape the U.S. in the backstage?

[bacardimayne 23,114]

 

based kane

[bacardimayne 23,114]

 

[Sick Boy 18,877]

30,000 troops in D.C. now...wtf 

[Wilco 879]

48 minutes ago, Cigarette Smoking Man said:

30,000 troops in D.C. now...wtf 

Edited January 17 by Wilco

[Budd Dwyer 6,220]

http://www.bloomberg.com/news/articles/2021-01-17/the-rich-are-minting-money-in-the-pandemic-like-never-before

Quote

Even as a new Democratic administration plans to seek trillions of dollars of additional spending to supplement last month’s Covid-19 relief package, economists warn of dire social and political consequences from the dramatic widening in the gap between America’s haves and have-nots. With income inequality already near the highest in at least half a century, the country’s response to the financial devastation wrought by the coronavirus raises questions about who emergency measures were designed to help, and who was left behind, they say.

 

 

“There has probably not been a better time to be wealthy in America than today,” said Peter Atwater, an adjunct professor at William & Mary who popularized the notion of a ‘K-shaped’ recovery to describe the stark split in economic fortunes. “So much of what policy makers did was to enable those that were wealthiest to rebound fastest from the pandemic.”

Over the past 10 months, higher-income earners have, relatively speaking, had it pretty good.

Employment for the top quartile of workers -- those earning over $60,000 a year -- has already recovered above levels from a year ago, according to data from Opportunity Insights, a nonpartisan research institute based at Harvard University.

And as lockdowns gripped the nation, millions of people, especially those at the upper end of America’s socio-economic ladder, were able to redirect money they would have otherwise spent on things like entertainment, dining and travel toward savings or, better yet, investments.

For many, it has paid off handsomely. Thanks to the Fed’s efforts to prop up the economy, U.S. stocks have surged to record highs in the aftermath of the outbreak, while bonds last year rallied the most in over a decade.

Wealth Gap

The top 20% of earners own nearly all the stocks held by U.S. households

Source: Federal Reserve

Note: Chart displays holdings of corporate equities and mutual fund shares by income percentile

“If your wealth is captured by financial assets, you were back up and running in no time,” said Amanda Fischer, policy director at the Washington Center for Equitable Growth. “It’s the lowest income folks who don’t even have to file taxes that have the highest barrier to climb.”

 

[RedHook 7,295]

1 hour ago, Cigarette Smoking Man said:

30,000 troops in D.C. now...wtf 

 

And its being reported the right wing protestors are starting to show up in DC.

 

Right wing news sourrces are also reporting that trump put the troops in place to somehow over turn the election. 

 

Will this ever end?