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Funding the wall is easy

Discussion in 'Too Hot for Swamp Gas' started by The_RH_Factor, Dec 16, 2018.

  1. G8trGr8t

    G8trGr8t Premium Member

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    No growth os a win in a system that treats lack of increase as a cut
     
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  2. BLING

    BLING GC Hall of Fame

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    Population has increased by 4 million between 2016-2018 then (or 1%).

    Now due to efficiencies the rate of increase doesn't have to be 1:1, maybe if you have a major technology overhaul (i.e. short term spending boost) you can even get some efficiency over the long term (improving the ratio of employees vs. customers), but in general of course the headcount should have the same trajectory as the population.

    I'm sure you must be familiar with the concept of inflation. If you have $100,000 in your account yielding .01%, and two years later you have 100,020 in that account. Do you think you made money? Sorry, but no, you certainly lost money. You are falling behind. If an agency budget stays the same, that could and should be seen as a budget cut relative to inflation. Their costs aren't flat, just like consumer prices are not flat. Not that I think there aren't other issues with how the govt budgets. Baseline budgeting is something that is a huge issue. If a govt agency has unspent money at the end of the year, they might be motivated to just spend it all so as to not lose it in the following year's budget... that is crazy inefficiency. Really it's just a lazy way to do it. Every budget at some point should have a "reset" where it is analyzed and built from scratch based on real estimates. Baseline budgeting is basically copy+paste+inflation.
     
  3. mdgator05

    mdgator05 Premium Member

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    Government employees in November 1988 (in thousands): 3,159

    We haven't seen consistent increases in government employment in decades.
     
  4. fastsix

    fastsix Premium Member

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    Bad news wall fans. It's been 24 hours since the above post. I think assuming $1.8 million a day may have been way over the top optimistic.

    Here's the results from the last 24 hours:

    12-27-18 - $17,564,909
    12-28-18 - $17,896,281

    That's just a difference of $331,372. That $1 billion dollar goal, much less $5 billion, is starting to seem like it won't be reached.

    It going to be interesting to watch what happens to that $18 million. It's not enough to accomplish anything wall wise, but it sure is a lot of money for the "We The People Will Fund The Wall" GoFundMe creator Brian Kolfage to have to deal with.
     
  5. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    So that comes out to about 18 cents donated per American. The avalanche of support is really overwhelming...
     
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  6. fastsix

    fastsix Premium Member

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    Really bad news wall fans. The GoFundMe for the great wall of trump seems to be dead, or in at least in a coma. It's been 5 days since the above post where the GoFundMe was sitting at $17,896,281. And as you can see donations are drying up.

    12-28-18 - $17,896,281
    01-02-19 - $18,658,090

    That's $761,809 or just $152,362 a day. Let's use $150,000 a day just to make the math easier.

    $1,000,000,000 / $150,000 = 6,666.666 days (that's kind of ominous)
    6,666.666 days / 365 = 18 years

    Now we're looking at 18 years just to reach a billion, and we'll pretty much all be dead of old age before we reach $5 billion at this rate. But there's an interesting development at the guys non GoFundMe website that he touts on the page.

    WE THE PEOPLE WILL FUND THE WALL!

    THE WALL IS BEING BUILT! We are releasing full plan next week! We have full backing from people you love & trust!

    IT'S HAPPENING!

    I guess some conservative (Mexican?) billionaires must be stepping up and paying for it all. So hopefully Congress can pass a funding bill and trump can sign it, because even without Mexico or the United States paying for it...

    [​IMG]
     
  7. fastsix

    fastsix Premium Member

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    I'm beginning to wonder if this isn't some type of scam. The full plan has not been released yet, and the site has not been updated at all. Still says the exact same thing it said last week.

    WE THE PEOPLE WILL FUND THE WALL!

    THE WALL IS BEING BUILT! We are releasing full plan next week! We have full backing from people you love & trust!

    IT'S HAPPENING!

    It sure seems like the day after trump's big national "emergency" speech would be the prime time to reveal that the wall is getting built and how it's being done.

    Meanwhile in the week since the last post on this, the GoFundMe page has gone up to $19,810,588, for a total of $1,152,498 in 7 days or $164,642 a day. So that rate seems to be holding fairly steady. Assuming people don't get tired of it all, they'll reach their GoFundMe goal of $1,000,000,000 in 6073 days or 16.64 years.

    That's 83 years to reach their actual goal of $5,000,000,000, but they still have two days to come through on their promise to reveal how the wall is going to be built with this mysterious "full backing" they have claimed is lined up.
     
  8. gatorknights

    gatorknights GC Hall of Fame

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    Maybe the Bezos' can fund it with the proceeds of a divorce

    Jeff Bezos and wife Mackenzie to divorce - CNN

    "Bezos, 54, and MacKenzie, 48, met and got married while working at D.E. Shaw, a New York-based hedge fund, in the early 90s. Shortly after, they packed up and moved across the country to Seattle, where Bezos launched Amazon.
    Bezos is now the world's richest person, with an estimated net worth of $137 billion, according to the Bloomberg Billionaires Index. That means this divorce could end up being very costly."

    Um, MacKenzie, I'm available if you need someone! :D:D
     
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  9. fastsix

    fastsix Premium Member

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    I wonder how much they'll fight over the divorce. With $137 billion, you could just give someone $10 billion and you'd both have more money than you could possibly spend in a lifetime. But you know, $10 billion isn't half of $137 billion.
     
  10. gatorknights

    gatorknights GC Hall of Fame

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    Yeah and $10B just doesn't go as far as it used to, somebody's gotta put food on the table.
     
  11. fastsix

    fastsix Premium Member

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    This is getting interesting now. The guy who set up the GoFundMe site was kicked off of Facebook for posting fake news, and, allegedly, he has a history of pocketing the money from previous GoFundMe campaigns.

    Hopefully someone at GoFundMe is keeping track of the $20 million the Wall campaign has raised to date.

    Veteran behind GoFundMe for Trump's wall allegedly pocketed money meant for wounded veterans

    Brian Kolfage, a triple amputee and Purple Heart recipient, reportedly previously spearheaded a crowdfunding campaign that raised thousands of dollars for an effort to mentor veterans at military hospitals

    Representatives at the military hospitals told Buzzfeed News that they did not have a record of Kolfage donating the money or working at their facilities.

    GoFundMe spokesman Bobby Whithorne confirmed to Buzzfeed News that Kolfage in 2015 launched a GoFundMe that raised $16,246 under the premise that the money would go to a veteran mentorship program. Whitorne said the money went directly to Kolfage.

    Kolfage in Facebook posts that have been deleted said that he was working with Walter Reed, Brooke Army Medical Center, and Landstuhl Regional Medical Center. Representatives for the centers told Buzzfeed News that they don't have record of Kolfage working with veterans at their facilities.

     
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  12. VAg8r1

    VAg8r1 GC Hall of Fame

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    If Trump declares a national emergency to build the wall his new chant should be "We will build a wall and disaster victims in California, Texas, Florida and Puerto Rico will pay for it". Mexico will definitely not be paying for it under any circumstances although that's what Trump has been telling his mindless followers at dozens of pep rallies going back to the announcement of his candidacy in June 2015.

    Trump could take billions from disaster areas to fund wall
     
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  13. fastsix

    fastsix Premium Member

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    Just finished the Buzzfeed article referenced above. This guy, Brian Kolfage, is not the type of man I would trust with $20 million. GoFundMe needs a better method of holding the money for the purpose it's claimed to be raised for. I'm sure after this article they've been notified by more than a few concerned people though. The problem is all the people who donated anonymously, there's no way to return there money if it turns out you can't build a wall across our border for $20 million.

    "I Felt Dirty": Former Employees Of The Veteran Crowdfunding Trump's Wall Say He Pushed Fake News To Get Rich

    Brian Kolfage, the decorated Iraq War veteran spearheading the massive, viral fundraising campaign to build President Trump’s border wall, who has a history of peddling right-wing misinformation on Facebook, pushed the limits of misleading content in pursuit of online traffic and profits until he was ultimately banned from the platform, according to multiple former employees and a review of internal communications.

    BuzzFeed News reviewed a cache of internal emails and text messages from several of Kolfage’s former employees and acquaintances that show how he pushed to sensationalize and fabricate right-wing content on Facebook to amass clicks, manipulate users, and in the process, make hundreds of thousands of dollars a month in advertising revenue. In one text, he claimed to run a “multi-million business.”

    BuzzFeed News reviewed a cache of internal emails and text messages from several of Kolfage’s former employees and acquaintances that show how he pushed to sensationalize and fabricate right-wing content on Facebook to amass clicks, manipulate users, and in the process, make hundreds of thousands of dollars a month in advertising revenue. In one text, he claimed to run a “multi-million business.”

    Before Facebook yanked his accounts, Kolfage created and oversaw a host of right-wing pages and profiles that shared incendiary stories generated by the Freedom Daily website. Starting in 2016, he hired about a half dozen people to post and spread content across at least 10 accounts, pushing them to sensationalize and fabricate content to gain more followers and reap thousands in advertising dollars, according to text messages, email exchanges, and interviews.

     
  14. fastsix

    fastsix Premium Member

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    Annnnnnnd...it's done.

    This guy is a scam artist. Hope none of you sent in any money.

    GoFundMe is refunding all donations made to the 'Fund the Wall' campaign

    A GoFundMe spokesman, Bobby Whithorne, told INSIDER that the campaign's founder, Brian Kolfage, initially promised donors that all donations would be used to pay for a wall along the US-Mexico border, like the one President Donald Trump has proposed, if it met its $1 billion goal.

    "However, that did not happen," Whithorne said. "This means all donors will receive a refund."
     
  15. BigCypressGator1981

    BigCypressGator1981 Premium Member

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    Stevie Wonder saw this coming.
     
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