Thread In Which We Discuss Trump Admin Policy & Give Trump Props

[1moretimeagain]

Hell yeah. Enough with woke shit like changing the name of an American military installation so as to not honor a traitor loser who took up arms against the United States Army and got summarily humiliated. Ain’t nobody got time for this radical left woke bullshit like “Liberty.”

I can hear the price of eggs plummeting already!

Not so fast. This time the base will be named after Private First Class Bragg from WW2, rather than the Confederate general.

 

[CFordUNC]

Not so fast. This time the base will be named after Private First Class Bragg from WW2, rather than the Confederate general.

In that case, my sincerest pleasant surprise and props to President Trump in this instance. Roland Bragg won a Purple Heart at the Battle of the Bulge. In other words, he’s the exact kind of person after whom a military installation should be named.

 

[1moretimeagain]

In that case, my sincerest pleasant surprise and props to President Trump in this instance. Roland Bragg won a Purple Heart at the Battle of the Bulge. In other words, he’s the exact kind of person after whom a military installation should be named.

Search the database. There has to be another Bragg in there somewhere.

 

[UNCatTech]

This isn't a new idea. We should have done it year's ago when first discussed.

 

[Geisterfahrer]

Not so fast. This time the base will be named after Private First Class Bragg from WW2, rather than the Confederate general.

Yeah I was like who the eff is Roland Bragg.

 

[nycfan]

Key detail of you don’t click through to read the rest of the text:

“… The name Fort Bragg is coming back, but with a twist.

It will not be named after the former Confederate general. Instead, the new name pays tribute to Pfc. Roland L. Bragg, a World War II hero who earned the Silver Star and Purple Heart for his exceptional courage during the Battle of the Bulge.”

 

[grimes70]

Props to Trump for recognizing what a fraudulent cuckster Vance is. Bet 47 hasn't forgotten that JD called him Hitler!

He expects a) himself or b) Jr.

 

[Warthog4Ever]

I'm all for getting rid of pennies, but how is this going to work? Are retailers going to be required to round all payments down to the nearest nickel?

Rounding up and down is exactly what the Army/Air Force Exchange stores did overseas when I was stationed in Europe. I didn't use pennies for 16 years over there and can get on board with this based on my experience. Though, I'm not sure about any 2nd and 3rd order effects if implemented on a nationwide scale.

 

[ChileG]

Not so fast. This time the base will be named after Private First Class Bragg from WW2, rather than the Confederate general.

When MAGAs are complaining about a $27k expenditure, I’m sure they will all be up in arms over this unnecessary cash outlay.

 

[superrific]

Rounding up and down is exactly what the Army/Air Force Exchange stores did overseas when I was stationed in Europe. I didn't use pennies for 16 years over there and can get on board with this based on my experience. Though, I'm not sure about any 2nd and 3rd order effects if implemented on a nationwide scale.

Yeah, the 2nd and 3rd order effects are my concern. Don't get me wrong: I very much doubt this would have any significant effect under any circumstance, either way. It's just bad policy to create scarcity instead of addressing the real issue.

An example on a much larger and consequential scale: after the financial crisis of 2008, there were many people who wanted to sue the credit ratings agencies (CRAs) into oblivion. IIRC, the CRAs have some legal protections that are sort of bullshit (including, preposterously in my mind, free speech), so they wanted to get rid of those. The problem was that the CRAs are deeply embedded in American law. States have laws that prevent fiduciaries from investing money in any security not rated AAA (or the equivalent) by a CRA, for instance. If we sued the CRAs out of existence (or legislated them out of existence), then what? The problem would arguably get worse.

Fortunately, these were serious people having the discussion, and they soon realized that you can't get rid of the CRAs unless you first expunge legal requirements related to them. And so began a move to decouple our fiduciary laws from CRAs. I don't know just how successful that was.

The CRAs are abominations, and it still boggles the mind that we have a system in which debtors pay for their own debt ratings. But you can't get rid of them without surgery. And that would be my concern about not minting pennies while they are still legal tender. Again, a small concern. Even if this plan went sideways in the maximum possible way, it would be a rounding error on the federal budget and the economy. Still, on principle, the best way to stop printing pennies is to eliminate them from legal tender.

 

[farce©]

Rounding up and down is exactly what the Army/Air Force Exchange stores did overseas when I was stationed in Europe. I didn't use pennies for 16 years over there and can get on board with this based on my experience. Though, I'm not sure about any 2nd and 3rd order effects if implemented on a nationwide scale.

Rounding up and down will require an increase in production of nickels, which cost 14 cents to produce, so a good chunk of savings from eliminating the penny will be spent on more 14 cent nickels. But I’m sure Trump has done the math, he’s not one to go off half cocked (unless you believe Stormy Daniels.)