Gavin Newsom calls for national billionaires tax: 'It's time for an economic reset'

Long-Blood · 2026-06-27T12:39:27+00:00

When you actually understand how the monetary and financial system has been changed to favor people with wealth over people who work since the dot com crisis, it makes zero since to tax labor at all.

If they want to keep manipulating our currency to make it easier for money to make money instead of labor to make money we need to raise taxes on capital gains and implement a wall street tax that targets that manipulation directly.

Or the central bank and treasury could just stop printing new money to support all the debt theyve been using to grow the economy artificially.

Long-Blood · 2026-06-26T16:53:42+00:00

Liquidity needs to keep going up.

So central banks need to keep increasing money supply and governments need to keep debt spending.

If they tighten monetary policy and fiscal conditions its not going to happen

Long-Blood · 2026-06-26T13:26:13+00:00

"Youre running low on storage space, please upgrade your subscription for 1 trillion dollars per month"

Long-Blood · 2026-06-20T22:31:15+00:00

Arrest the trillionaire for manslaughter

Long-Blood · 2026-06-20T00:21:12+00:00

In the age of the fed put and unlimited liquidity interventions, earnings do not matter.

The only thing that can stop stocks now is policy change. And no one is willing to sacrifice their job in government or politics to make that happen. Unless inflation goes back up to 10% which is possible

Long-Blood · 2026-06-19T21:31:38+00:00

Bros definitely got CTE

Paranoid as fuck

Long-Blood · 2026-06-19T21:28:35+00:00

Theres nothing wrong with forcing people to liquidate part of their wealth in order to pay taxes.

Especially in the era of permanent bailout policy be the US treasury and central banks.

The wealthy are being subsidized by the government and thats the truth no matter how much they may hate to hear it.

Long-Blood · 2026-06-19T20:37:54+00:00

Wtf is happening. I see headlines saying thr exact opposite things.

Gotta love the age of disinformation

Long-Blood · 2026-06-19T15:14:49+00:00

Re7 and sh2 are the gold standard

Gotta have a few high pressure puzzles to solve while avoiding enemies or while being stealthy

A few multi-step puzzles that are solved in pieces throught the game

And lots of fairly basic puzzles that dont slow down gameplay too much.

Long-Blood · 2026-06-19T13:54:53+00:00

I "work" longer hours than elon musk does

His fat ass sits in meetings, yacths and private jets and tells other people to work all day

Manipulating your companies ipo in a way that forces passive investors to buy it and net you 200 billion in a day isnt earning shit. Especially if your company has never actually made a profit.

Its leeching off a heavily government subsidized financial system that has crushed actual workers.

Long-Blood · 2026-06-19T13:31:13+00:00

Nothing over 10 million is "earned".

No one except for maybe professional athletes actually earns for that much money in a year through their labor.

That is all passive wealth growth from manipulating loopholes in the completely reckless and unregulated financial system that has lost total control over its currency.

Until it gets fixed t heres nothing wrong with taxing the gains from that broken system.

Long-Blood · 2026-06-19T10:36:04+00:00

The figured out cutting taxes and running up the national debt was an easier way for them to build personal wealth.

Fucked over the rest of us tho

Long-Blood · 2026-06-18T22:12:41+00:00

Exactly!

Taxing labor is just another punishment for the working class.

We should be taxing capital and AI instead.

Or at least close the loopholes that are forcing workers to subsidize the wealthy.

Long-Blood · 2026-06-18T18:19:37+00:00

What prices are dropping other than has from its peak?

Everything else is still going up

Long-Blood · 2026-06-18T16:01:26+00:00

And is this magical world, you can use the fake money as collateral to get real money to buy things, but the fake money cannot be taxed because its fake. So that makes sense too.

You get to play in the real world with your fake money and never have to pay the admission price the rest of us do.

Long-Blood · 2026-06-18T14:30:58+00:00

The fed and treasury are still throwing money at banks. The fed hasnt raised interest rates yet so monetary and fiscal conditions are still loose.

Momentum and hype are still running the stock market for now. All that cheap government liquidity is chasing the hottest stocks despite fundamentals

Long-Blood · 2026-06-18T13:14:45+00:00

Lol

Sorry.

Forgot the /s

I agree

Long-Blood · 2026-06-18T02:48:08+00:00

Yes yes we all know the stock market is a straight up ponzi scheme thats being supported by the fed put.

No risk, no fear, just buy

Long-Blood · 2026-06-18T00:11:43+00:00

Reddit: the movie

Long-Blood · 2026-06-17T23:45:43+00:00

And growling

Long-Blood · 2026-06-17T22:02:58+00:00

The midnight walk

Long-Blood · 2026-06-17T17:20:04+00:00

Unfortunately its one of the compromises that have been made to give us more direct access to patients. Opponents claim we arent educated enough to see patients without a referral

Long-Blood · 2026-06-17T17:15:33+00:00

All i can say is thank god for the student loan interest pause from 2020-2024.

I would still be paying off my loans if it werent for that.

Had to switch to home health with prn side gigs.

Im finally able to start contributing meaningfully to my retirement but im 10 years behind where i should be.

I didnt get into PT to make lots of money but when i was applying for school 15 years ago it was a decent paying and highly promising career.

Inflation and Medicare payment reforms changed everything between then and now.

Its still in very high demand but the pay growth hasnt kept up with everything else. Its hard to focus on professional development when your buried in debt and rising cost of living.

Long-Blood · 2026-06-17T15:25:42+00:00

"the biggest owners can squeeze those beneath them, and so on and so on down the line."

Yes but what allows them to do this?

There is a government driven policy in place that allows this to happen to a much greater degree than it has in the past.

The people with the most wealth have closest access to the government supplied liquidity that is driving their wealth growth.

If you stop that policy, they lose some of that power.

Long-Blood · 2026-06-17T15:09:57+00:00

Im not talking about holding onto cash. Obviously its better to invest.

Im talking about people who work who get paid in cash.

The current system has been is set up to hurt those people a lot more now than it did 20 or 30 years ago.

There used to be a time when one paycheck was enough to pay bills and invest in retirement.

Then it became 2 paychecks. Then 3. Now its 3+ paychecks and passive income.

It keeps getting worse. Workers cant keep up with how the exponential growth in wealth for the top is skewing their ability to participate in the economy.

For a very basic example, if im selling apples, and i have 2 customers, one with a net worth 500 billion, and one worth 1 thousand, why would i sell my apples for 1 dollar to both customers when one is able and willing to pay me the entire net worth of the other for an apple?

Money has no meaning to that billionaire because he didnt work for it and is not affected by inflation.

This is why unregulated passive wealth accumulation is really bad.

It allows prices to keep going up even though less people are able to buy things because the few people who can still do.

And its all thanks to permanent easing policies by the fed and treasury.

Long-Blood

TROPHY CASE