Michael Loucks (勇祐) Profile
Michael Loucks (勇祐)

@MikhailPLoucks

Followers
301
Following
2K
Statuses
2K

Author, historian, and skeptic. 🇸🇪🇺🇸 ☦️ Navy son (WWII Chief) and father (two Petty Officers) Vox Populi, Vox Dei. Quis custodiet ipsos custodes?

ChicagoLand, IL
Joined October 2017
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@MikhailPLoucks
Michael Loucks (勇祐)
3 minutes
@Lolxoxo6517 @WayneJoubert8 @SenMullin @TulsiGabbard I agree 100%. That's why my comment on mixed emotions because the changes have backfired on the Dems.
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@MikhailPLoucks
Michael Loucks (勇祐)
5 minutes
@TrumpPatriots47 Following! Could use a follow back!
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@MikhailPLoucks
Michael Loucks (勇祐)
12 minutes
@EndWokeness By design. The 'Target inflation rate' (which they never hit, and which is manipulated data anyway) guarantees a halving every 30 years or so (at most). It's the simple Rule of 72, only in reverse.
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@MikhailPLoucks
Michael Loucks (勇祐)
23 minutes
@ColtonBlakeX I could use a boost!
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@MikhailPLoucks
Michael Loucks (勇祐)
31 minutes
He could, but it would be better to simply change the rules to shorten the time. Recess appointments would end at the next full recess (likely the next election). If Democrats were to somehow take back the chamber, they'd block any new appointments. A simple majority can change the rules. In the past, this has been a Democratic tactic and usually backfires. I'm of mixed emotions about doing it, because there are always unintended consequences.
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@MikhailPLoucks
Michael Loucks (勇祐)
34 minutes
You are completely incorrect. The program actually CAN fund itself at the moment, i.e. runs a surplus each year. That surplus is invested in special Treasury instruments, and is the cash goes into the general fund, leaving the so-called 'trust' fund with government debt obligations (IOUs). That currently totals about $3 trillion in unmarketable Treasury securities. OMB said so quite clearly in 2002: "These [Trust Fund] balances are available to finance future benefit payments and other Trust Fund expenditures – but only in a bookkeeping sense.... They do not consist of real economic assets that can be drawn down in the future to fund benefits. Instead, they are claims on the Treasury that, when redeemed, will have to be financed by raising taxes, borrowing from the public, or reducing benefits or other expenditures. The existence of large Trust Fund balances, therefore, does not, by itself, have any impact on the Government's ability to pay benefits. " — From FY 2000 Budget, Analytical Perspectives, p. 337 See also:
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@MikhailPLoucks
Michael Loucks (勇祐)
46 minutes
And they were very happy to lend you any amount of money to do so, which led to tuition rising from about $4000 a year a the private school I attended in the early 80s to $40,000/year now. My best friend, who went to medical school in 1985 paid about $5500/year in tuition. What he had saved working in college and during the first two year (before his clinical rotations) allowed him to work his way through.
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@MikhailPLoucks
Michael Loucks (勇祐)
9 hours
@OrthoComa14 'For the Life of the World' by Father Alexander Schmemann 'The Mystical Theology of the Eastern Church' by Vladimir Lossky.
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@MikhailPLoucks
Michael Loucks (勇祐)
9 hours
Cutting ties between grids for political purposes is foolish. Using DC interchange, they could connect to both and have true redundancy and competition in power costs. EU electric rates are not exactly low. Cost per killowatt-hour —  Check out the wholesale prices: RUS $20.6/MWh GER $164.85/MWh NED $133.51/MWh FRA $121.88/MWh For comparison: USA $60.26/MWh Source —  They effectively switched to a system where spot power is at least 6x as expensive.
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@MikhailPLoucks
Michael Loucks (勇祐)
9 hours
@davidhogg111 You clearly haven't! Tell me, were you in the militia, according to Florida law when you lived there?
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@MikhailPLoucks
Michael Loucks (勇祐)
10 hours
@Catrinka6Princ1 @landofthe80s True, but still a great movie.
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@MikhailPLoucks
Michael Loucks (勇祐)
10 hours
Cutting ties between grids for political purposes is foolish. Using DC interchange, they could connect to both and have true redundancy and competition in power costs. EU electric rates are not exactly low. Cost per killowatt-hour —  Check out the wholesale spot prices: RUS $20.6/MWh GER $164.85/MWh NED $133.51/MWh FRA $121.88/MWh For comparison: USA $60.26/MWh Source —  They effectively switched to a system where spot power is at least 6x as expensive.
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@MikhailPLoucks
Michael Loucks (勇祐)
10 hours
@MarioNawfal "Democracy defenders" is doing everything they can to prevent the winners of the election from governing. That's ANTI-democracy.
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@MikhailPLoucks
Michael Loucks (勇祐)
10 hours
Cutting ties between grids for political purposes is foolish. Using DC interchange, they could connect to both and have true redundancy and competition in power costs. EU electric rates are not exactly low. Cost per killowatt-hour — Check out the wholesale prices: RUS $20.6/MWh GER $164.85/MWh NED $133.51/MWh FRA $121.88/MWh For comparison: USA $60.26/MWh Source —  They effectively switched to a system where spot power is at least 6x as expensive.
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@MikhailPLoucks
Michael Loucks (勇祐)
11 hours
Completely true. All SSN taxes are used to either pay benefits or invested in special issue treasury notes. The money used to buy those notes goes into the general fund. The notes are repaid by general tax revenue. There is no 'trust fund' that contains actual money (which is how people misunderstand it, and the government encourages the fiction). All there is are are simply debt obligations from the US government. The money has been spent.
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@MikhailPLoucks
Michael Loucks (勇祐)
11 hours
@wl0lfe Trump and Musk are trying to root it out. The methods are because feckless Congress, bureaucrats, and courts will do everything to prevent fraud and corruption from being exposed.
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@MikhailPLoucks
Michael Loucks (勇祐)
15 hours
@AMG26 @realignb @Alex_Oloyede2 There is no USAID money at this point, and there is unlikely to be any in the near future. And with heightened scrutiny, most curent project will never be funded again.
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@MikhailPLoucks
Michael Loucks (勇祐)
15 hours
@realignb @Alex_Oloyede2 This is called a Pyrrhic Victory.
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@MikhailPLoucks
Michael Loucks (勇祐)
15 hours
@eisingerj It's the JUDGE who defied the constitution. His TRO is flat-out unconstitutional, violates both his Districts and SCOTUS rules for TROs, and has no actual justification in law.
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