ScotSHO Posted April 26 Posted April 26 6 minutes ago, Tommy Callahan said: Explains so much. From the lawfare against his opposition,immigration, to feeding the fire of war all over the globe. “If my calculations are correct, when this baby hits 88 miles per hour, you're gonna see some serious sh*t” So many polls for Obama. 1 1
The Frankish Reich Posted April 26 Posted April 26 2 hours ago, Tiberius said: Hidden behind all the silly "it's TDS" comments is the actual policy changes being cooked up by people and groups waiting to pounce in a new Trump presidency. And so far, this is one of the scariest - Trump with a say in monetary policy. Say what you want about the Fed, but having an independent central bank has been one of the most critical factors in sustained economic growth, and as a preventative against political manipulation of the currency. It is an awful, stupid, dangerous idea. And it's in play if Trump wins. 1 1 1 1
ScotSHO Posted April 26 Posted April 26 40 minutes ago, The Frankish Reich said: Hidden behind all the silly "it's TDS" comments is the actual policy changes being cooked up by people and groups waiting to pounce in a new Trump presidency. And so far, this is one of the scariest - Trump with a say in monetary policy. Say what you want about the Fed, but having an independent central bank has been one of the most critical factors in sustained economic growth, and as a preventative against political manipulation of the currency. It is an awful, stupid, dangerous idea. And it's in play if Trump wins. The Fed doesn't talk with the current regime today before it makes monetary policy decisions? I find that very hard to believe. 2
The Frankish Reich Posted April 26 Posted April 26 2 minutes ago, ScotSHO said: The Fed doesn't talk with the current regime today before it makes monetary policy decisions? I find that very hard to believe. Here's a good interview with Paul Volcker about presidents and the Fed: https://www.nytimes.com/2018/10/23/business/dealbook/paul-volcker-federal-reserve.html while President Trump has complained in recent months about the Fed’s plan to raise interest rates, he isn’t the first to try to influence the independent Federal Reserve. Mr. Volcker recounts being summoned to meet with President Ronald Reagan and his chief of staff, James Baker, in the president’s library next to the Oval Office in 1984. Reagan “didn’t say a word,” Mr. Volcker wrote. “Instead Baker delivered a message: ‘The president is ordering you not to raise interest rates before the election.’” Mr. Volcker wasn’t planning to raise rates at the time. “I was stunned,” he wrote. “I later surmised that the library location had been chosen because, unlike the Oval Office, it probably lacked a taping system.” So it happens, and I don't know if anything forbids it. But making some kind of consultation mandatory nevertheless impacts the independence of the Fed in a way that isn't good for stability. 2 1
Tommy Callahan Posted April 26 Posted April 26 If the fed was independent and not political the inflation/unemployment metrics mandate would require them to raise rates. B
Big Blitz Posted April 30 Posted April 30 Just now, BillStime said: Sick fks You turn 7 year old boys into girls. And vice versa. When you call that out I’ll do the same with this *checks notes* um idk wtf that is.
BillStime Posted April 30 Posted April 30 1 minute ago, Big Blitz said: You turn 7 year old boys into girls. And vice versa. When you call that out I’ll do the same with this *checks notes* um idk wtf that is. YOU NEVER FKN THINK 1
BillStime Posted April 30 Posted April 30 11 minutes ago, Big Blitz said: In a sane society, this would have ended his career. 1
BillStime Posted April 30 Posted April 30 Always fighting against the little guy, right @All_Pro_Bills? 1
ChiGoose Posted May 7 Posted May 7 Apparently the right is pro-cancer now? Congress kills cancer moonshot funding Eliminating the cancer cure moonshot to save 0.027% of the budget. Maybe not the best ROI… Meanwhile: Biden Proposal Would Eliminate Tax-Free Treatment for Much of Wealthiest Households’ Annual Income How the ultra rich avoid paying taxes.
L Ron Burgundy Posted May 8 Posted May 8 11 minutes ago, ChiGoose said: Don’t forget curing cancer. The Republican Party is in shambles. I never even hear them talk policy anymore. Broken by the village idiot. How sad. The left is weaker because of this. Would everything be better if the 2 old bastards were gone? I think when Orange Syphilis dies things will change but who knows? They don't have anyone right now that's worth a damn.
ChiGoose Posted May 8 Posted May 8 38 minutes ago, L Ron Burgundy said: The Republican Party is in shambles. I never even hear them talk policy anymore. Broken by the village idiot. How sad. The left is weaker because of this. Would everything be better if the 2 old bastards were gone? I think when Orange Syphilis dies things will change but who knows? They don't have anyone right now that's worth a damn. Trump wasn’t a cause, he was a symptom. The GOP has been sick for a very long time. Many of us just didn’t realize it until he made it clear. Things would be better if we destroyed the two-party system and stopped forcing people to choose from the lesser of two evils. 1
Big Blitz Posted May 8 Posted May 8 I’ll leave it to Jimmy Carter to explain one plank of the Right Wing Platform: “Do all we can to prevent abuse of the electoral process.” Democrats: ”Let’s make it voting season and mail everyone ballots.”
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