Oh boy. It’s stagflation time

Was travelling with some friends in Istanbul. They were pretty inexperienced abroad, so I figured out public transit there, told them what tickets to buy, and we all walked to the ticket machine. There was a big line/crowd, and a guy up front was taking cash and giving people tickets, which he got by scanning a card at the machine. I went first hoping to show my friends what to do - bought my ticket for like €5 or so and ignored the scammer. They all gave the scammer guy like €20 for him to scan his pass and buy them a €5 ticket. Their reasons were “he seemed official” and “I knew it was a scam, but I figured it was just easier to go along with it”.

I did fall for a taxi scam in Peru though and ended up staying at a hotel run by some mafia types. They were cool, though, so it turned out OK - just cost me a little extra money for an interesting story.

This isn’t quite right. Trump didn’t really modify laws. That isn’t even something he can claim to do since he is the head of the Executive branch, not the Legislative one. He issued executive orders, many of which were illegal, and he had some cronies who enacted some of them anyway - others did not enact some of these, and others were not really actionable (like when he declared that no one has a gender). He did rescind many policies, but he can’t just make laws go away on his own. There are literally hundreds of court cases currently challenging these executive orders - seeing as how the judiciary is the primary check on the executive branch, that is the system working to check presidential power.

However, I am not a liberal, I am a socialist and do not think this is working well - there are many problems here. The highest levels of the judiciary have been largely captured by far-right judges, many of whom are specifically aligned with Trump’s goals and support the unitary executive theory. Also, this method of checking presidential power is extremely slow. For every illegal action Trump’s administration takes, a court case has to be crafted, filed, heard, and adjudicated. Every one. And invariably, some will not reach the correct outcome and others will never actually be taken to court - there are just too many.

Basically, the administration is using the fact that they control every branch of government to dismantle or capture core government agencies and to provide cover for various illegal actions - forcing them through if only temporarily for various political and structural ends. A soft coup, basically. So yeah, the fact that something like this is possible is proof of the flaws inherent in this system of government.

It isn’t daft. The Republicans since Reagan have pushed a fringe legal theory called the Unitary Executive Theory. Basically, they want the president to fully control the executive branch and military such that theirs is the only voice that matters for much of the government. Not unlike a king, but partially checked by congress and the courts. They have been taking (illegal) actions to try to get sued, and also have been suing others/other branches of government, to try to get the Supreme Court to hear cases that will support this fringe legal theory so that it becomes the law of the land.

I am not a lawyer, but this is possibly something Trump can legally do since he is Commander in Chief of the armed forces. However, this seems more like an apportionment thing, which is Congress’ responsibility. Congress has allocated funds to send military aid to Ukraine. So, even if Trump as Commander in Chief could say “no more weapons to ukraine”, it seems doubtful to me that he could (legally) stop weapons shipments currently en route.

But, by the time whatever government office sues the office of the president to get a judge to enjoin them to send the agreed upon weapons that were already apportioned, it will already have hurt Ukraine somewhat. Trump often weaponizes inefficiency. And these sort of illegal acts aren’t crimes per se - they’re just procedural breaches - the legal remedy is just to reverse the action.

So, probably not legal. But Trump gets to weaponize his administration’s incompetence (or feigned incompetence) to at least delay aid. More competent people may support these actions, knowing they’re illegal, to try and strengthen the president’s role even further.

Voting is an important tool to help contain fascism in liberal democracies while building serious social movements. (Socialist - but hopefully this isn’t actually unpopular with most socialists).

That Southern US usage dates back to at least the US civil war in the 1860s.

But yankee was used to refer to at least some people in what is now the US as early as the 1660s.

https://en.m.wikipedia.org/wiki/Yankee

(https://en.m.wikipedia.org/wiki/May_you_live_in_interesting_times - not chinese)

It’s almost like communication platforms shouldn’t have profitability as their main goal… maybe they could be… distributed… like some sort of… federation. Yeah. That’s it. Then everyone would follow along like… lemmings or something

Things won’t get to that point, most likely. Things can get really bad and still recover. If it’s an apocalyptic scenario, better invest in a stock of bullets and a bunker.

Finance-wise, have an emergency fund and well-diversified portfolio. This is not financial advice, and I’m not a professional, but this is what I’d do with retirement funds and personal stock accounts:

Emergency fund: if you already have this handled, then look at your investments. If you dont have an emergency fund, do everything you can to save up at least 3-6months of living expenses - ideally in a high-yield savings account to protect your money from inflation.

US stocks: Don’t be over-exposed to US stocks, especially riskier ones. Historically, bonds and foreign stocks have been recommended to balance your portfolio, but many people have ignored that in recent years due to the dominance of US large-cap stocks, especially the tech sector. Ensure you’re diversified in accordance with your risk tolerance/retirement time-horizon.

Non-US Stocks: It would be good to have a non-US ETF or index fund with developing and emerging markets. It may not perform as well, but can potentially hedge against US market volatility. The counterpoint here is that US stocks are globally interconnected enough that getting non-US stocks would overexpose you to that part of the market. Caveat emptor, do research.

Bonds: bond ETFs/funds, I-bonds (inflation protected securities, you can buy $10k per year), and automated bond ladders can give you steady returns. Remember buying bonds directly is fairly illiquid - your money will be stuck in the bond for the duration of the bond’s term.

Cash: Inflation isn’t crazy right now. Probably wouldn’t be bad to have more cash than normal sitting in high-yield accounts (earning around 4% APY right now) since the market is likely to dip. Maybe consider liquidating some investments that are riskier than you’d like. I wouldn’t really advocate trying to time the market, but also it doesn’t seem like a bad time to be a little heavier on cash imo.

Check out Boglehead 3 fund portfolios and their variations. Imo it is time to be safe and boring. If you have a long time until retirement, don’t panic - ride it out and consider rebalancing your portfolio to the standard, oft-recommended asset mixes. If your retirement timeline is short, make sure that you aren’t over-exposed to risky investments like stocks.

Step 1. Buy ~$500 AR15

Step 2. Sell said AR15 for $1300 to the government

Step 3. Buy 2 ~$500 PSA AR15s

Step 4. Sell them to the government for $2600

…

Step11. Buy 32 ~$500 AR15s

Step 12. Sell them to the government for $41600

…

Step 25. Buy 16,384 ~$500 AR15s

Step 26. Sell them to the government for $21.3M

…

Step 39. Buy 2,097,152 ~$500 AR15s

Step 40. Sell them to the government for $2.7B

…

Continue until Mexico has run out of money

Full text of diary entry:

"I was raised in the nurturing embrace of the Party, studying without concern for anything in the world. There is more unknown love than love that is known and accepted. I didn’t know how to react to the happiness I was surrounded by.

Defending the homeland is the sacred duty of every citizen, and the greatest duty is to protect the nation, which is where my happiness lies. I wear the military uniform of revolution to protect the Supreme Commander-in-Chief. I was honoured with the opportunity to be promoted to sergeant major in my company. However, I betrayed my beloved Party, which had placed its trust in me, and committed acts of ingratitude against the Supreme Commander-in-Chief.

The sins I’ve committed are unforgivable, but my homeland has given me a chance for redemption, a fresh start in life.

Now, I have no choice but to regain the trust I once had. I will go to the front lines in this operation and obey the orders of Supreme Commander Kim Jong Un without question, even if it costs me my life. I will show the world the invincible courage and sacrifice of the Red Special Forces (Red Commanders) of Kim Jong Un.

When we win the war and return to our homeland, I will submit a petition to the Party."

puts on little round glasses, does a bump of cocaine, and pulls out therapy notes. Says, in an Austrian accent:

Vell you see. OP vas not ze one touched by der Santa Clauz, no. In die zong, eine voman zings zeductively - offering herzelf to Herr Santa. OP’s irrational anger upon merely hearing Santa Baby surely relates to zer own zexual unfufilment. OP is angry because he vas not touched by Herr Santa… or by anyvon.

As someone on .ml I really don’t think it’s that bad. Definitely left, and generally pro-China, but not too extreme imo. Hexbear is pretty bad. I’m a socialist and I disagree with a lot of the stuff there. But .ml is very much not a true “tankie” instance, in my opinion.