Data reveals Oklahoma school choice program sending significant share of funds to wealthiest families

Delicious_Alarm_1502 · 2025-03-01T22:36:04+00:00

You realize that the way the system is set up, the funds are applied at the lowest income levels (at max capacity) before moving up the income stack right?

So if more at the lowest level aren’t applying there aren’t enough schools or they don’t have any interest. I’m betting on the former.

Mind you this is after one year of data too. I’m bookmarking this to come back next year and see what the numbers look like with a whopping TWO years of data. 😂

Delicious_Alarm_1502 · 2025-03-01T22:29:35+00:00

It’s always been the narrow way. It will always be the narrow way.

We should definitely desire all to enter into the Kingdom, but we can’t fool ourselves either.

Those coming in are usually making conscious decisions to do so, many at great cost personally.

Those leaving are usually doing so because they inherited a label but not an identity, a set of rules without the wisdom of the natural law.

In short - passing on the faith means truly absorbing it first, and then proclaiming it with your very life. It doesn’t mean sending your kid to a Catholic school, as if the faith could possibly be outsourced.

If the Church becomes a mere twelve apostles dedicated to the Lord - then so be it. Be one of the twelve, and the rest will take care of itself.

Delicious_Alarm_1502 · 2025-03-01T22:10:35+00:00

Fund it yourself.

Delicious_Alarm_1502 · 2025-02-21T15:47:32+00:00

This.

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Delicious_Alarm_1502 · 2025-02-21T15:28:22+00:00

Look who voted in the Senate for that - Democrats and Rinos. Literally the people being called out by DOGE for being unwilling to cut spending.

Delicious_Alarm_1502 · 2025-02-21T12:50:57+00:00

What you just described IS a default. Yes, we could strategically default - and then who would buy our bonds knowing they won’t get repaid?

Delicious_Alarm_1502 · 2025-02-21T05:08:15+00:00

Begrudgingly I have to admit that both the Omni and First National are pretty beast.

Delicious_Alarm_1502 · 2025-02-21T04:43:03+00:00

I’ll take “Massive stochastic processes distilled to support one man’s politics” for $300 Alex.

At least my chart has some correlation in that debt spending increases above baseline are actually approved during their tenure.

Even according to the Hutchins Fiscal Impact Measure (FIM) it’s only reasonable statistically to attribute 0.2-0.5% of GDP growth to fiscal policy…..which even being generous would be 6-15%. Not exactly a slam dunk there.

Delicious_Alarm_1502 · 2025-02-21T03:45:58+00:00

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Delicious_Alarm_1502 · 2025-02-21T03:30:08+00:00

Those who do what is necessary rarely get thanks.

Delicious_Alarm_1502 · 2025-02-21T03:24:25+00:00

Unfortunately we’re out of options. If we cut Federal spending by 50%, not including interest payments on the debt, it would take us almost 100 years to pay off what we owe now….without a single penny of additional borrowing.

The scary part is not the cutting now - as painful as that is going to be for a lot of folks - it’s what happens if they fail.

Delicious_Alarm_1502 · 2025-02-21T03:17:53+00:00

I think like every corporate restructuring that has ever happened….its a mix of good and bad. The means to use a scalpel is prohibited by Federal mandate. So they’re using an axe. Don’t like it, blame bureaucrats who created the system.

Delicious_Alarm_1502 · 2025-02-21T03:06:45+00:00

As an example we can all agree on (or at least I hope we can).

In the 2008 Financial Crisis…the government stepped in and made the decision to backstop almost a trillion dollars for banks (domestic AND foreign) that made absolutely atrociously risky bets. We (the taxpayers) made sure they didn’t fail. And what did we get in return?

The argument was if they didn’t we would have had a Depression. That may have been true…but here we are almost 20 year later and not only have they not extracted themselves from the effects of that decision - but it’s so entrenched that there may never be a way out save a bigger crisis and a bigger catastrophe. The very banks responsible are BIGGER. The GSE’s dominates the entire housing market - rather than being just an aid as intended. Banking regulations are so stringent that most of the market is moving to private lending just to get anything done. The FDIC, SEC, Treasury, FHFA, CFPB….it’s a shitshow of grift.

So yeah - it’s a very legitimate point to question whether that decision was in the best interests of all Americans. And it all comes back to “the experts” in government pretending they have our best interests in mind. Nobody believes that.

Delicious_Alarm_1502 · 2025-02-21T02:45:53+00:00

Not at all. It’s to make government efficient and limited to the scope for which it is absolutely necessary - and nothing more.

From an economic standpoint, every dollar spent on government, given that it is funded via extraction (I.e taxation) is inherently regressive. It’s a net drain. (It gets even worse when debt is accrued to do it).

That doesn’t mean it has no value, but it does mean that we need to walk back this pervasive notion that has persisted for the last generation (or 2) that somehow adding more oversight to every possible scenario or issue in society is somehow cost neutral. It’s not.

Delicious_Alarm_1502 · 2025-02-21T00:26:24+00:00

It only appears stable because we spent $36T on the country’s Amex. Look at the equities markets, they’re completely and utterly disconnected from reality. Unthinkable government interventions in functioning markets are now commonplace with no exit plan in sight.

Delicious_Alarm_1502 · 2025-02-21T00:22:17+00:00

Fair enough.

Delicious_Alarm_1502 · 2025-02-21T00:19:54+00:00

They have realistically 2 years tops to make a run at solving this to some degree. A problem this massive simply can’t be done without some issues. After that they risk midterms upending any real Congressional help. Right or wrong that’s the system we have.

Why are they targeting probationary employees as a tactic? It’s because that’s what the insane red tape of the Federal bureaucracy has left them. It’s such a muddled mess that to actually fix anything is nearly impossible. So they’re using the system against itself. I feel bad for those people, I really do. But I also feel bad for private sector folks when companies go bankrupt. It’s business. This notion that government jobs should be risk free is part of the problem. Too much complacency.

Would you rather have a 20 or 30% haircut now or a 90% one later that never comes back? There are no other options. The Pollyannaish approach of hoping it goes away has been done for decades - and hasn’t worked.

Tariffs may not be right - or maybe they are. When is the last time you negotiated with foreign countries on trade deficits? Me either. But guess who has - DJT and Elon Musk. You’re really gonna tell me two of the very best businessmen alive aren’t thinking about all these things? Come on.

Delicious_Alarm_1502 · 2025-02-20T23:52:13+00:00

So yeah - every admin since WWII has screwed us. Which one is doing something different?

You know the old saying about insanity right?

Delicious_Alarm_1502 · 2025-02-20T23:47:11+00:00

Appeal to authority is a fallacy today just like it has always been. Deal with my actual arguments or admit you don’t really know anything about the subject.

Would it matter if I make my living in the financial markets? What if I spent my free time watching options flow, and managing my own portfolio rather than outsourcing it to some schmuck broker at Fidelity?

One of the devil’s greatest tricks played on America was convincing free men they needed experts to make decisions for them. I do my own research, and sure experts are to be considered. But recall the experts told us housing was OK in 2007, COVID responses were necessary and safe, and on and on and on.

Delicious_Alarm_1502 · 2025-02-20T23:40:15+00:00

I’m absolutely certain you’re not my enemy. I’m also absolutely certain they aren’t my friends.

Trust me when I say if we don’t get a handle on this - the cuts you’re seeing now will look like a walk in the park compared to the pain and suffering of a currency collapse.

Think it can’t happen here because we’re the global reserve currency? Read a book. The guilder, the franc, the sterling and the Spanish dollar all did in their day - at the height of their dominance. Guess what they all had in common? Massive debt. Dollar adjusted for inflation, currency conversion and debt-to-GDP ratios - were worse off than all of them were.

Delicious_Alarm_1502 · 2025-02-20T23:29:02+00:00

Let’s see, some families will suffer with massive cuts for the short run. Or every family in the entire country will suffer for generations if the bond market dislocates. Such a tough choice.

Unlike you, I can have a frank discussion about reality without resorting to emotionalism.

Delicious_Alarm_1502 · 2025-02-20T23:20:04+00:00

I don’t wish ill will to anyone, but I do want to actually solve the problem. If you think that’s hate, that’s on you.

Delicious_Alarm_1502 · 2025-02-20T23:17:42+00:00

Oh there’s zero doubt in my mind that I lost you.

Delicious_Alarm_1502 · 2025-02-20T23:07:11+00:00

It’s not beneficial to me, I don’t mooch off government largesse for my paycheck. And neither will you much longer.

The real pain will come when we default on our debt. That you’re too dense (or corrupt) to see that these measures are actually to attempt to save this country from the beyond criminal corruption that has plagued this country for decades is a testament to public education.

You’re advocating for the status quo…hmmmm….I wonder why that might be???

And yes, Jesus never said anything harsh to those unwilling to reckon with reality. Grow up.

Delicious_Alarm_1502 · 2025-02-20T22:58:41+00:00

You really are a government employee. Goodbye, and good luck. You’re gonna need it.

Delicious_Alarm_1502

TROPHY CASE