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Because they are getting rich while whining endlessly about the City's evils. They fail to realize they ARE the City's evils.
The large majority of banksters in this city vote Democrat. Wall St heavily supports the left. The more debt underwriting the fatter their pockets get. The more money that gets printed the more to play with.
As immigrant minorities age they will move more and more to the right. That is unless they immigrated here to benefit from social welfare.
This right here sums up the struggle we’ve been having over the last two decades regarding immigration, especially illegal immigration.
The left knows it needs a dependent class to survive, the right walked straight into it due to the lust for cheap labor which was fine for generations but now the lure of the social support system overpowers the desire to work hard to achieve lasting success for their families.
This right here sums up the struggle we’ve been having over the last two decades regarding immigration, especially illegal immigration.
The left knows it needs a dependent class to survive, the right walked straight into it due to the lust for cheap labor which was fine for generations but now the lure of the social support system overpowers the desire to work hard to achieve lasting success for their families.
That's why we need to make all immigration illegal. There should be no legal schemes to immigrate here. Just the will to work hard and lay low.
Trump and AOC actually play for the same team. One bats third, and the latter bats forth. Trump's anti-immigrant rhetoric is just about getting into scoring position for AOC to drive him home.
The fall of NYC is capable to sink the entire USA. The federal government needs to mitigate this risk by reducing economic reliance on NYC. Meaning they will need to minimize the central banking influences derived from the FRBNY. All the last financial crises did was empower it. Next time NYC will not be so lucky, particularly if they are the root cause. From the ridiculous increase in local inflation, things aren't looking so good for NYC.
Sorry, but your posts - behind a layer of superficially plausible financial jargon - strike me as absurd.
First, the idea that the government invented inflation, and has conspired to rule through inflation. In reality, debt is immesurably older than any organized form of government, and it is the only cause of inflation (a shepherd named Cain in prehistoric Middle East needs to borrow a male goat because he urgently needs to breed his goats and increase the size of his herd. Another shepherd named Abel has a male goat that he can loan to Cain, but why should he do that, why should he let go of his valuable extra male goat for a period of time? Well, Cain says he urgently needs to breed his goats and increase the size of the heard, and he'll give Abel an extra baby goat along with returning back the male goat at a later date - would that work for Abel? Abel says okay, but other shepherds are aware of the deal, and now the market value of every male goat goes up by one baby goat, ie, if you had to barter four barrels of millet for a male goat in the past, now you have to barter four barrels of millet plus a baby goat). That is how debt causes inflation, not the government. Inflation is always the result of debt, whether you do or don't have a government. The government is there to just enforce the laws and prevent social chaos (eg, to punish Cain if he decides to kill Abel rather than pay him back the debt), and the government goes into debt when it has to, like everybody else (which, like any debt, drives inflation), but government surely does not conspire to deliberately cause inflation.
Second, the fall of NYC could in no way, no how "sink the entire USA". The government needs to mitigate this risk by reducing economic reliance on NYC??? What, are we in the year 1835, and the rest of the US relies economically entirely on NYC, because only NYC has the Erie Canal? No other city in the nation relies on NYC any more. "The fall" of NYC had no influence on the rest of the US even in the 1970s, and it would have zero negative influence upon the rest of the US now - historical business functions of NYC can be (and already largely have been) transferred to other places. FRBNY warehouses large amounts of gold, but the Federal Reserve Board of Governors is in DC. Federal Reserve does not govern from NYC to start with, plus in the age of electronic communications and wide transportation connections, it is irrelevant where anything is physically located. Federal Reserve is interested in local NYC inflation only if that local inflation influences national inflation (which it doesn't) - Fed cares only if rising/falling housing prices affect 330 million people nationwide, not 8 million people in a single city.
Sorry, but your posts - behind a layer of superficially plausible financial jargon - strike me as absurd.
First, the idea that the government invented inflation, and has conspired to rule through inflation. In reality, debt is immesurably older than any organized form of government, and it is the only cause of inflation (a shepherd named Cain in prehistoric Middle East needs to borrow a male goat because he urgently needs to breed his goats and increase the size of his herd. Another shepherd named Abel has a male goat that he can loan to Cain, but why should he do that, why should he let go of his valuable extra male goat for a period of time? Well, Cain says he urgently needs to breed his goats and increase the size of the heard, and he'll give Abel an extra baby goat along with returning back the male goat at a later date - would that work for Abel? Abel says okay, but other shepherds are aware of the deal, and now the market value of every male goat goes up by one baby goat, ie, if you had to barter four barrels of millet for a male goat in the past, now you have to barter four barrels of millet plus a baby goat). That is how debt causes inflation, not the government. Inflation is always the result of debt, whether you do or don't have a government. The government is there to just enforce the laws and prevent social chaos (eg, to punish Cain if he decides to kill Abel rather than pay him back the debt), and the government goes into debt when it has to, like everybody else (which, like any debt, drives inflation), but government surely does not conspire to deliberately cause inflation.
Second, the fall of NYC could in no way, no how "sink the entire USA". The government needs to mitigate this risk by reducing economic reliance on NYC??? What, are we in the year 1835, and the rest of the US relies economically entirely on NYC, because only NYC has the Erie Canal? No other city in the nation relies on NYC any more. "The fall" of NYC had no influence on the rest of the US even in the 1970s, and it would have zero negative influence upon the rest of the US now - historical business functions of NYC can be (and already largely have been) transferred to other places. FRBNY warehouses large amounts of gold, but the Federal Reserve Board of Governors is in DC. Federal Reserve does not govern from NYC to start with, plus in the age of electronic communications and wide transportation connections, it is irrelevant where anything is physically located. Federal Reserve is interested in local NYC inflation only if that local inflation influences national inflation (which it doesn't) - Fed cares only if rising/falling housing prices affect 330 million people nationwide, not 8 million people in a single city.
Why did Cain need the goat?
And yes, the central banking activities are certainly still overly concentrated out of NYC.
And yes, the central banking activities are certainly still overly concentrated out of NYC.
Cain needed to borrow the goat because of hardship - why else would anyone have to borrow anything? The only thing Cain knew how to do was to raise goats, make goat cheese, and barter the cheese for other stuff he needed to survive. But most of his herd died of disease, he only had three female goats left and no males (as a cheese maker, he normally kept a herd of female goats who produced the milk for cheese, and only one male to maintain the herd), and he had to somehow get his goat cheese business going again, or else he and his family would starve.
Name one function of Federal Reserve that absolutely has to be physically performed in NYC. Even the gold reserves in the sub-sub-sub-basement of that big buidling near the NY Stock Exchange can be moved elsewhere if needed - it would be somewhat cumbersome in terms of security to move them, but certainly possible.
The only downside is the City is becoming DULLER. That is not a fault of Leftists but RIGHTISTS who think Walt Disney was the ultimate urban planner.
Wait, Walt Disney in NYC? And I don't know about you, but the so called rightists are out of power in NYC for a long time. Bloomberg might have ran on the GOP line but he's most certainly a moderate liberal. Guliani was the last conservative mayor.
Quote:
Originally Posted by Kefir King
Because they are getting rich while whining endlessly about the City's evils. They fail to realize they ARE the City's evils.
And people wonder why we are getting more and more polarized these days. Calling the few conservatives that are left evil... For what?
Quote:
Originally Posted by Honda718
I don't understand why some of the conservatives on this forum simply don't look into moving somewhere else, somewhere that aligns more with their political beliefs, with the exception of ABG.
I would like to move, but my family root prevent me from doing so. In about 20 years when I'm ready to retire I'll gladly move somewhere else.
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