Trump's first 100 days

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Married A Horn
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The_barBEARian said:

cowboycwr said:

The_barBEARian said:

TinFoilHatPreacherBear said:

The_barBEARian said:

TinFoilHatPreacherBear said:

The_barBEARian said:

https://www.coindesk.com/policy/2025/03/02/trump-to-establish-u-s-crypto-reserve

Is anyone here on board with adding to our debt to buy crypto coins?

Who the hell voted for this?
Well, I didn't vote for this specifically, it wasn't a secret that he wanted to do something like it.

Crypto is an asset. Clearly there is a strategic reason for him to do this, or there is a self-serving reason, or perhaps a combination of both. I don't know. But I'm not sure why it's such a big issue for you personally. Crypto is a multi-trillioin $ market, and it will only get bigger.


Crypto is a direct competitor to the USD.

It would be like Wal-Mart dumping their profit into Target stock

So you're a fan of the fed now?

Crazy some antisemite like you isn't cheering this move. It's a direct competitor to the banksters, run by the very people you constantly hate on. I thought you'd see it for what it is, an opportunity for people to have a currency not under the thumbs of banks ... at least for now.


Why would being an antisemite make me a fan of crypto?

Wasnt Sam Bankman-Fried conning millions of people out of their hard earned savings?

Bitcoin doesnt get to $100k without Blackrock and big banks buying it up.

Can I go to the corner store and buy my groceries with bitcoin?

If that ever happened the USD would disintegrate, most Americans would lose their life savings, and we'd most likely enter a great depression that would trigger a civil war.

I will say this, as of right now, Bitcoin is a great way for criminals to launder tax payer money from Ukraine back to the US or Israel.

There should be sanctions places on banks that transfer USD with these Crypto exchanges.


Wait are you an anti semite??? Sounds to me like you just admitted to that???

I'm not a Jewish Supremacist.

Which is enough to trigger many on this board.




I'm not either. But at least I can type the words:

Oct 7th was evil.

You cant.
The_barBEARian
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Married A Horn said:

The_barBEARian said:

cowboycwr said:

The_barBEARian said:

TinFoilHatPreacherBear said:

The_barBEARian said:

TinFoilHatPreacherBear said:

The_barBEARian said:

https://www.coindesk.com/policy/2025/03/02/trump-to-establish-u-s-crypto-reserve

Is anyone here on board with adding to our debt to buy crypto coins?

Who the hell voted for this?
Well, I didn't vote for this specifically, it wasn't a secret that he wanted to do something like it.

Crypto is an asset. Clearly there is a strategic reason for him to do this, or there is a self-serving reason, or perhaps a combination of both. I don't know. But I'm not sure why it's such a big issue for you personally. Crypto is a multi-trillioin $ market, and it will only get bigger.


Crypto is a direct competitor to the USD.

It would be like Wal-Mart dumping their profit into Target stock

So you're a fan of the fed now?

Crazy some antisemite like you isn't cheering this move. It's a direct competitor to the banksters, run by the very people you constantly hate on. I thought you'd see it for what it is, an opportunity for people to have a currency not under the thumbs of banks ... at least for now.


Why would being an antisemite make me a fan of crypto?

Wasnt Sam Bankman-Fried conning millions of people out of their hard earned savings?

Bitcoin doesnt get to $100k without Blackrock and big banks buying it up.

Can I go to the corner store and buy my groceries with bitcoin?

If that ever happened the USD would disintegrate, most Americans would lose their life savings, and we'd most likely enter a great depression that would trigger a civil war.

I will say this, as of right now, Bitcoin is a great way for criminals to launder tax payer money from Ukraine back to the US or Israel.

There should be sanctions places on banks that transfer USD with these Crypto exchanges.


Wait are you an anti semite??? Sounds to me like you just admitted to that???

I'm not a Jewish Supremacist.

Which is enough to trigger many on this board.




I'm not either. But at least I can type the words:

Oct 7th was evil.

You cant.

Cool.

I'm not playing your stupid little games.

I gave my nuanced opinion.

This isnt 1984, big brother.

I dont need to repeat words just because you tell me to.

nein51
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The_barBEARian said:

nein51 said:

The_barBEARian said:

https://www.coindesk.com/policy/2025/03/02/trump-to-establish-u-s-crypto-reserve

Is anyone here on board with adding to our debt to buy crypto coins?

Who the hell voted for this?

Crypto is a scam. The blockchain technology is not.

I wont pretend to be a computer scientist with extensive knowledge of blockchain technology, but my understanding is it is still hackable.

Everything is hackable but large blockchains are near impossible. The externalities (Bitcoin wallets, for example), while hard to hack, can be done.

Larger chains (Ethereum or Bitcoin) could be broken in the future but as it stands right now I'm not sure there is enough man or computer power to do so.
whiterock
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FLBear5630 said:

whiterock said:

Married A Horn said:

FLBear5630 said:

Married A Horn said:

Ive said it before, but when you are 36T in debt and run a deficit of 2T... stuff has to be cut or eventually its all cut.

2T is a lot of cuts man. I need to see you start making suggestings to get us in the black before I take you serious.
We are in this mess because they gave away trillions of dollars not to work. You are not getting in the black anytime soon being 33T in the hole. Cutting real capabilities is not a responsible way to do it. Obama, Trump and Biden really put us in a hole over the last 20 years. You are looking at 50 years to climb out of this mess, not having weather or aviation safety capabilities is not where cuts should be made.


I dont disagree. But when I mean in the black, I just mean the budget. I have yet to see you propose how we might do that... You just fight against every single cut they announce.

That could be done in one year.
"cutting real capabilities is not a responsible way to go it...."

utterly wrong. That is exactly what we have to do.

USG will raise about $5T this year in revenues, and spend about $2T. The deficit is 40% the size of revenue. You cannot economize your way out of that kind of imbalance. You have to economize + do less of some things + none of other things + grow revenues by growing the economy +(some tariffs). One can debate the steps, but not the pathway. There is no other path to a balanced budget that will not include doing less, divesting of functions, operations, assets, and finding ways to raise revenues, etc.....

Not everything Govt does is essential, ya know.

I asked a doctor friend back when Obamacare was a hot issue - "how do we spend less on healthcare?"
His answer was immediate - "we have to do practice less medicine."
You cannot significantly cut spending without significantly cutting activity levels.

You do this. I am talking public safety in real physical terms, infrastructure, travel, weather for maritime/ag, food safety, and product safety standards. You come back with health care and other "programs".

No ****, health care has waste that needs to go. Just go to the doctor and try to figure out insurance. No ****, USAID is misused.

There are government services that the private sector do not want to do because it is not profitable. Weather is a perfect example, there is more to weather than WAZE and Weather Channel. My son works in maritime, they constantly are working with the NWS, USGS, Coast Guard and Private Sector. NWS, NOAA and USGS provide information that the private sector calibrate off. The Govt is not all waste. Just because Trump doesn't like it doesn't mean it needs to go.
Look at what you said there in bold. Clearly, there is demand for information on weather. Has it ever occurred to you that if the USG got out of the weather business, the private sector would step up to meet that demand? It happened in space travel (SpaceX). Why would it not happen in weather? That is a polemic, of course, not a recommendation for outright and immediate divestiture. But could we slash our spending on weather stuff by 50% and have little or no loss in capability? Probably.

The USG does not maintain an enormous fleet of troops ships and passenger aircraft, either. If we need to move an army to some distant land, we contract with cruise ship lines and commercial air carriers to do the job for us.

For that matter, other than law enforcement and military functions, what else is the government doing that the private sector could do? Post Office? (yep). PBS? (Yep). And what things is the federal government doing which could be done by states? Education? (Yep). There are private companies looking at those kinds of questions and offering their services all day, every day. Had lunch with a young man several months ago at Terry Blacks who works for a company which has built the capability to track every cargo ship in the world, real time. For commercial customers. It is superior to anything the USG has. So it can be done.

And on and on and on.

That's how you have to think to slash federal spending by a third. You have to ask tough questions and be willing to step on toes. Every dollar of government spending has a constituency which will squeal bloody murder if their budget gets cut so much as a penny (like you're doing). That's why its so hard to cut government spending. You never realize how many sacred cows your feeding until you start talking about cutting back on the feed. But when your back is against the wall, and ours most certainly is, you cannot sweat the nicks & bruises & braying that occur from transformative cuts.
boognish_bear
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boognish_bear
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Peace deal?

boognish_bear
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Jacques Strap
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  • British Ambassador to the U.S....Zelenskyy needs to give "his unequivocal backing to the initiative that President Trump is taking to END the war
  • NATO CHIEF TO ZELENSKY: "RESTORE YOUR RELATIONSHIP WITH TRUMP"
  • the British army only has 25 main battle tanks working at best, and troops are "not set up" for a deployment to Ukraine.
  • The virtue displayed by their leader's tweets are not shared by their masses and would be unlikely to tolerate actual sacrifice.





boognish_bear
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boognish_bear
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nein51
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The problem isn't traditional banking. It's a user acceptance problem.
The_barBEARian
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boognish_bear said:



To the victor go the spoils...
The_barBEARian
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nein51 said:

The problem isn't traditional banking. It's a user acceptance problem.

They should pass a law that banks cant touch user deposits and are required to have enough capital on hand to match 100% of deposits

But to say Crypto is the future of banking is utter madness.

Only someone with a vested interest in the price of bitcoin going up would make such a claim.
TinFoilHatPreacherBear
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The_barBEARian said:

boognish_bear said:



To the victor go the spoils...


That whole debacle had to be about the many billion dollar contracts that are sure to follow for defense contractors to replace lost vehicles/equipment.
The_barBEARian
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TinFoilHatPreacherBear said:

The_barBEARian said:

boognish_bear said:



To the victor go the spoils...


That whole debacle had to be about the many billion dollar contracts that are sure to follow for defense contractors to replace lost vehicles/equipment.

Absolutely!
boognish_bear
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boognish_bear
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nein51
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This is the stupid **** that the never trumpers and the left are always hammering republicans about.
FLBear5630
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The_barBEARian said:

nein51 said:

The problem isn't traditional banking. It's a user acceptance problem.

They should pass a law that banks cant touch user deposits and are required to have enough capital on hand to match 100% of deposits

But to say Crypto is the future of banking is utter madness.

Only someone with a vested interest in the price of bitcoin going up would make such a claim.



Be careful, you are wandering into dangerous territory.
Not agreeing with everything Donald and Musk do will have you labeled Big Govt, Liberal, NeoCon, or worse not thankful for Trump. They can't have that...
Married A Horn
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nein51 said:

This is the stupid **** that the never trumpers and the left are always hammering republicans about.


Takes their eye off the ball. A trick Trump undoubtedly learned from them over the past forty years.
boognish_bear
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boognish_bear
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boognish_bear
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Assassin
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Trump Approval at All Time high

https://x.com/i/broadcasts/1YpJkBrQkMmGj
Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
boognish_bear
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That's a win.

Now...will the price stay close to the same?

Assassin
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Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
EatMoreSalmon
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boognish_bear said:




Now, when will the B1G follow suit?

/s
EatMoreSalmon
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boognish_bear said:




No. Put his picture on the One Big Beautiful Bill.
The_barBEARian
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EatMoreSalmon said:

boognish_bear said:




No. Put his picture on the One Big Beautiful Bill.


They should bring back the $1000 bills.

I'd put Teddy Roosevelt on it.... or Ron Paul.
4th and Inches
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boognish_bear said:


no..
“The Internet is just a world passing around notes in a classroom.”

Jon Stewart
TinFoilHatPreacherBear
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4th and Inches said:

boognish_bear said:


no..


Maybe ... If the Trump Repubs win the midterms, and the economy is winning, and foreign affairs is strong then YES!

Liberal tears would be so much fun.
Married A Horn
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Not the 100. Make a new one or something. A much bigger one.
TinFoilHatPreacherBear
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Married A Horn said:

Not the 100. Make a new one or something. A much bigger one.


500 or 1000 would be the best, legal tender and could be useful for many transactions. If it's a limited run, most would end up in collections. I'd buy.
Assassin
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now this is amazing! Maybe there is some hope in Cali

Facebook Groups at; Memories of: Dallas, Texas, Football in Texas, Texas Music, Through a Texas Lens and also Dallas History Guild. Come visit!
Jacques Strap
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CNN Polls are moving against Ukraine

 
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