Snappy Answers to Stupid Journalists

While morons like John Foley from Reuters write hit pieces like the one linked below, he failed to mention the good news, but accentuated everything that sounds scary. He claims crypto is batting 0 for 3 on its advantages, but that's not true...



#1) Is it a form of payment that can still be used anywhere in the world?



Yes, yes it can John. We just aren't going to run off and tell the Chinese government were doing it. That's why it's called "Crypto", dude.



#2) Is the supply limited making it inflation proof? Many are like Bitcoin, others are inflationary. It depends on the designed purpose of the particular 2,000 plus coins there are to choose from.



#3) Can it be manipulated by central bankers or governments?

No, it can't. There are simply too many of them and new issues arrive every day. However, just like every other currency, commodity, or laborer on the planet cryptos are subject to the immutable Laws of Supply and Demand.



As an alternative to crypto, Mr. Foley and every filthy rich central banker on Earth offers you an ever eroding fiat currency which has not only lost lost 99% of it's purchasing power over the last century, but has been manipulated to cause depressions, recessions, and credit crises the world over.



Like carnival hawkers crying "Come try your luck with me, suckers!" They offer their fiat carrot on a stick. You won't get the carrot, but you will definitely get the rest of it. It's okay, John. You've done your duty for thieves and country.



PS- In a matter of hours Bitcoin recovered 98.5% of it's losses with no master manipulator involved.



https://www.reuters.com/breakingviews/bitcoin-is-now-worst-all-financial-worlds-2021-05-19/

Another Non-Solution

YET ANOTHER NON-SOLUTION TO HOMELESSNESS BY

 

MY RESPONSE TO YET ANOTHER NON-SOLUTION TO HOMELESSNESS

That's a cost of $200,000.00 per person. Only an unhinged government bureaucrat would be proud of that kind of financial performance. Unless every one of them is walking away with a bachelor's degree, a new car, and one hell of a down payment on their house... The Price is Wrong, Dow.

 Instead, what I see is about 70% of those funds going to social services cronies and their apparatchiks, and 420 homeless people right back where they are today 36 months from now.

 Let's face it. This homeless problem is not something new. If government could fix it they have had 30 years to do so, but it has only grown worse. Millions upon millions have been spent. Shelters built, funds, allocated, programs launched, and the results have been at best meager. There is a reason why your "visionary" plans have failed in the past, and it's precisely this very same reason why this "visionary" plan will invariably fail.

 Pay attention now…

1.  Homelessness has nothing to do with inadequate funding.

2. Homelessness has nothing to do with building support networks and shelters.

3. Homelessness has nothing to do with drug treatment, or mental health funding.

 These are all "Windmills" you have gone out to joust Dow Quixote because that is the mantra Liberals have maintained for 30 years. An endless choir of, "We need more money! We need more shelters! We need more drug treatment! We need more mental health funding!" We need. We need. We need.

 Still, you don't comprehend... It's not about you. It's not about what you need at all. It's about what they need, and that Dow Quixote is housing costs that are not increasing at up 10.6% to 14.2% per year every #@%$ing year.

 You see, Dow Quixote, while you have been doing your level best to ensure these kinds of astronomical property returns with your green spaces and habitats, tree plantings, and dense high tax yielding golden zones you have been creating the very condition that produces homelessness.

 Congratulations. You're a $100,000,000 failure!

 Lather. Rinse. Repeat.

 

The Left: Reversing Logic and Common Sense through political power