1. #23641
    The Unstoppable Force Belize's Avatar
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    Quote Originally Posted by kaelleria View Post
    Trump is putting an additional 10% tarriff on $300 billion in goods starting September 1st.

    The market reacted predictably -
    [img]https://i.imgur.com/SKjUpyi.png[/g]
    What a shocking turn of events.

    He trying REALLY hard to tank the economy isn't he.

  2. #23642
    Herald of the Titans D Luniz's Avatar
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    Quote Originally Posted by Belize View Post
    What a shocking turn of events.

    He trying REALLY hard to tank the economy isn't he.


    Quote Originally Posted by UnifiedDivide View Post
    I'm sure it'll be the fault of the Fed. somehow.
    To many people pointing out Obama left him a booming economy.

  3. #23643
    The Undying Breccia's Avatar
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    More for the @Skroe files.

    Budget heading for Trump's desk. Passed 67-28 with multiple Senators crossing party lines. Trump is apparently "eager" to sign it.

    It will add $1.7 trillion to the deficit over what would have happened, had automatic spending cuts kicked in.

    The top-line for defense spending would be $738 billion and $740 billion for the 2020 and 2021 fiscal years, respectively. Nondefense spending would be $632 billion for fiscal 2020 and $634.5 billion for fiscal 2021.

    The figures are significantly different than Trump’s fiscal 2020 request, which had top-line defense at $750 billion and $567 billion in nondefense. Overall, the deal adds more than $100 billion in new spending compared with fiscal 2019 levels, where top-line defense spending was $716 billion and nondefense was $620 billion.

    But the higher nondefense numbers, plus lack of significant offsets for the increased spending, sparked fierce backlash from conservatives and split the Senate GOP caucus. The deal included $77 billion in cuts or revenue-raisers to help pay for the agreement.

    Sen. Rand Paul (R-Ky.) got a vote on an amendment that would implement the libertarian-leaning senator’s “penny plan” to balance the budget within five years. The amendment needed 60 votes to get added to the budget deal but was rejected in a 23-70 vote.

    "Both parties have deserted – have absolutely and utterly deserted – America and show no care and no understanding and no sympathy for the burden of debt they are leaving the taxpayers, the young, the next generation, and the future of our country," Paul said arguing that the deal "marks the death of the Tea Party movement in America.”
    Several Senators, including some running in 2020, chose not to vote. I think we all know why. They're cowards.

  4. #23644
    Quote Originally Posted by Breccia View Post
    More for the @Skroe files.

    Budget heading for Trump's desk. Passed 67-28 with multiple Senators crossing party lines. Trump is apparently "eager" to sign it.

    It will add $1.7 trillion to the deficit over what would have happened, had automatic spending cuts kicked in.



    Several Senators, including some running in 2020, chose not to vote. I think we all know why. They're cowards.
    Cya in 2021 for Two Year Deal #4 that delays a shut down and default until Spring 2023 (after the 2022 midterm), when it will be followed by Two Year Deal #5 that stretches until Spring 2025 (after the 2024 election).

    I hope everyone gets the game now. Two year deals allowed bundled voting of what otherwise could be difficult, politically toxic votes. And everyone wins because everyone's priorities get funded. And it boots the one-off "hard vote" until JUST AFTER the next election.

    In truth, this is actually a great and incredibly responsible way to govern. Really! America's annual budget cycle processes archaic. So many things the government spends money on takes several years to actually happen. And moreover mutli-year procurement gives a predictable funding horizon to the recpients of federal funds... be them State and Local governments, contractors or Federal departments. If they don't have to guess how much money they'll get in two years, they can be more efficient in how they're spending funds. Ultimately, it'll keep costs down.

    In fact, many budget experts have been arguing for four or five year budgets for various government programs for many years. This idea, that government must pass an annual budget every year, for the expenses in just that year, is very 18th century. For some parts of it sure. For other parts of it, longer term planning is needed.

    So two cheers for Congress doing the right thing for the wrong reason!

  5. #23645
    Quote Originally Posted by Skroe View Post
    Cya in 2021 for Two Year Deal #4 that delays a shut down and default until Spring 2023 (after the 2022 midterm), when it will be followed by Two Year Deal #5 that stretches until Spring 2025 (after the 2024 election).

    I hope everyone gets the game now. Two year deals allowed bundled voting of what otherwise could be difficult, politically toxic votes. And everyone wins because everyone's priorities get funded. And it boots the one-off "hard vote" until JUST AFTER the next election.

    In truth, this is actually a great and incredibly responsible way to govern. Really! America's annual budget cycle processes archaic. So many things the government spends money on takes several years to actually happen. And moreover mutli-year procurement gives a predictable funding horizon to the recpients of federal funds... be them State and Local governments, contractors or Federal departments. If they don't have to guess how much money they'll get in two years, they can be more efficient in how they're spending funds. Ultimately, it'll keep costs down.

    In fact, many budget experts have been arguing for four or five year budgets for various government programs for many years. This idea, that government must pass an annual budget every year, for the expenses in just that year, is very 18th century. For some parts of it sure. For other parts of it, longer term planning is needed.

    So two cheers for Congress doing the right thing for the wrong reason!
    The Budget should be done in 4 year cycles to allow accurate accounting and financial obligations to process in a more meaningful way, this 1800s style of budgeting is more expensive and does not allow " bursts " of funding for random acts by the rest of the world. People will scream about military budgeting and the like and even i will say that alot of the pork needs to be cut just to be leaner in a sense but it will be the next talking point once Healthcare is fixed. You know very well that the next 15 years are going to be Americas most important due to the growing scale and threat of China which is why we have not already had Bolton cheering in Tehran or Guido being sworn in Caracas.

    The more and more i think about the healthcare system the more i think we will land a japan based system with some Singaporean style tossed in ( These will be great for the average person and small business ). Anyone thinking that we will get a NHS styled system is stupid at best and moronic at worst. Mostly these systems can force states to abide by a national base level of state sponsered healthcare and allow them to self fund. Bring the problem up with your Nebraskan legislatures if you want dental covered etc. And by base level it will be heavily subsidized Dr visits and price controls on chronic ailment medications ( Insulin, cancer treatments etc ). This setup also allows for states to take grant money and place a sales tax to fund based on population size with measurable differences to entice people to move etc.

    The budget process needs to be reformed and refined into a more modern style that allows our nation to enforce the global order in a manner that is hard to upset if the population gets a wild hair up its ass and votes in a monster like Trump. Those that think they can reason with the likes of China are insane. Alibaba is the Amazon of the east for a reason, the belt and road states are subjects of the east for a reason. Stupid tit for tat politics is what got us in this position and will only make things far worse in the coming years.

  6. #23646
    https://www.bloomberg.com/news/artic...u-s-for-relief

    Less than a year after JSW Steel (USA) Inc. lauded U.S. metal tariffs for aiding the steel industry, the company is suing because it’s not exempted from the levies.

    The producer says the Commerce Department wrongfully denied waivers for steel-slab raw materials, forcing the steelmaker to pay tens of millions of dollars in tariffs. It relies on imports of these materials from India and Mexico because the U.S. doesn’t produce steel slab of sufficient quality or quantity, JSW said in its complaint.
    Life comes at you fast, sometimes.

    It's almost like tariffs are generally not effective and trade wars are a dumb fucking idea.

  7. #23647
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    It’s pretty funny to read the market watch articles from AM and now. Nothing, but articles of a 300 point jump in AM are now followed up by ‘Trump said something stupid’ to drop 300 points... I don’t mean break even... I mean a 600 point swing.

    If it were not for Trump’s mouth, we would be at over 30k... which is actually a good thing. Trump’s mouth is indirectly keeping the bubble from bursting.
    Folly and fakery have always been with us... but it has never before been as dangerous as it is now, never in history have we been able to afford it less. - Isaac Asimov
    Every damn thing you do in this life, you pay for. - Edith Piaf
    The party told you to reject the evidence of your eyes and ears. It was their final, most essential command. - Orwell
    No amount of belief makes something a fact. - James Randi

  8. #23648
    Quote Originally Posted by Breccia View Post
    More for the @Skroe files.

    Budget heading for Trump's desk. Passed 67-28 with multiple Senators crossing party lines. Trump is apparently "eager" to sign it.

    It will add $1.7 trillion to the deficit over what would have happened, had automatic spending cuts kicked in.



    Several Senators, including some running in 2020, chose not to vote. I think we all know why. They're cowards.
    Quick read the article and 23 of the "No" votes were Republicans. Again, the Dems are doing the heavy lifting for Republicans so in 2021 the Republicans are going to do the typical and hold the budget or likely the debt ceiling hostage and claim the Dems are out of control with their spending. From the article all the Republican "No's" are claiming out of control spending when they contributed to it, but of course tax cuts don't count.

    As stated the 5 Senators are cowards and should be on the record cowardly. Funny how the the Republican "No" voters are somehow not twisted into not loving our military since of the huge military budget. Dems would definitely get raked over the coals if a big chunk voted against this. The Republicans would paint it as not loving our military.
    Democrats are the best! I will never ever question a Democrat again. I LOVE the Democrats!

  9. #23649
    Quote Originally Posted by Belize View Post
    What a shocking turn of events.

    He trying REALLY hard to tank the economy isn't he.
    Steelmaker that praised Trump tariffs now suing US for relief

    Less than a year after JSW Steel (USA) Inc. lauded U.S. metal tariffs for aiding the steel industry, the company is suing because it’s not exempted from the levies.

    The producer says the Commerce Department wrongfully denied waivers for steel-slab raw materials, forcing the steelmaker to pay tens of millions of dollars in tariffs. It relies on imports of these materials from India and Mexico because the U.S. doesn’t produce steel slab of sufficient quality or quantity, JSW said in its complaint.
    Totally not screwed up.

    He is even bad for oil.

    Oil dives most in over 4 years on Trump's latest tariff threat

    Oil plunged almost 8% for the steepest one-day drop in more than four years after U.S. President Donald Trump escalated the trade war with China with a new tariff threat, heightening concerns about an economic slowdown that would be a drag on energy demand.

    Futures closed down 7.9% in New York on Thursday. In a tweet bemoaning the lack of progress in trade talks, Trump said 10% levies will be imposed Sept. 1 on $300 billion in Chinese goods. The threat compounding fears about slumping American manufacturing activity and adding to dashed expectations the Federal Reserve would make serial interest-rate cuts to juice growth.

    “Increased tariffs on Chinese goods are adding to concerns of a slowing down economy and weakening demand,” said Kyle Cooper, director of research at IAF Advisors. “Crude is taking the news of the tariffs on the chin.”
    Last edited by Rasulis; 2019-08-01 at 10:24 PM.

  10. #23650
    Asked by
    @KarenTravers
    about Mueller's warning that Russia is continuing to interfere with U.S. elections, Pres. Trump says, "You don't really believe this. Do you believe this?"

    Trump says he did not raise the issue during call with Vladimir Putin. (link: https://abcn.ws/2K0BLjq) abcn.ws/2K0BLjq
    https://twitter.com/evanmcmurry/stat...26841170833408

    Mother Bleep! Denies that Russia is still trying to interfere with elections. He then talks about these forest fires in Russia as if they are happening in his back yard. As if these fires are the worst disaster every. Trump says "he has never seen anything like this ever. Massive fires".
    Democrats are the best! I will never ever question a Democrat again. I LOVE the Democrats!

  11. #23651
    The Undying Breccia's Avatar
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    Quote Originally Posted by Edge- View Post
    Life comes at you fast, sometimes.
    Maybe. But this wasn't it.

    Add JSW Steel to the list of people saying "I never thought Trump would turn on me"

    - - - Updated - - -

    So, in light of recent ev--

    North Korea launches third missile in a week

    Nevermind. Yet another Trump objective failure.

  12. #23652
    Quote Originally Posted by Breccia View Post
    Maybe. But this wasn't it.

    Add JSW Steel to the list of people saying "I never thought Trump would turn on me"
    I think the line of thinking is that if they go against him at the start, he'll go after them immediately. If they play ball, maybe they'll benefit...but at worst they'll be back where they started.

    They're in a Gom Jabbar test, with the only potential for them to win being to put their hand in the box and hope the dice roll in their favor.

  13. #23653
    The Undying Breccia's Avatar
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    Quote Originally Posted by Edge- View Post
    I think the line of thinking is that if they go against him at the start, he'll go after them immediately. If they play ball, maybe they'll benefit...but at worst they'll be back where they started.
    Sorry, but the line of thinking is immaterial.

    Trump has a long history of refusing to pay people to whom he is contractually required; he pockets cash and walks away from bankruptcies; and he cheated on all of his wives.

    Anyone thinking Trump would be loyal to them, for any reason at all, is just flat-out wrong. There is no strategy. There is no logic. There is no game theory. There's just you looking up the definition of insanity, then being stabbed by Vaas.

  14. #23654
    Quote Originally Posted by Shon237 View Post
    https://twitter.com/evanmcmurry/stat...26841170833408

    Mother Bleep! Denies that Russia is still trying to interfere with elections. He then talks about these forest fires in Russia as if they are happening in his back yard. As if these fires are the worst disaster every. Trump says "he has never seen anything like this ever. Massive fires".
    To be fair, it is bad. It is the worst Siberian fires in 10,000 years and have consumed 7 million acres. Correction, 7.9 million acres and growing.

    Also, Russia does not have the resources to contain the fires. In the past, they only fight fires in remote or inaccessible areas if the estimated damage exceeds the cost of the operation. Otherwise they just monitor the fires. So they lack the fire fighting infrastructure that you see with the US Western States.
    Last edited by Rasulis; 2019-08-01 at 10:54 PM.

  15. #23655
    The Undying Breccia's Avatar
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    WaPo reports that Esther Schneider, Sean Maloney and Timothy Knight have all left the NRA's board. Basically, they dared to criticize Wayne LaPierre, had their committee memberships removed, and quit in disgust.

    While our belief in the NRA’s mission remains as strong today as ever, our confidence in the NRA’s leadership has been shattered.

    We had expected – or at least hoped— that the executive leadership team would recognize the seriousness of these allegations and work with us in a constructive and transparent manner to address our concerns and minimize any further harm to the Association. Instead, we have been stonewalled, accused of disloyalty, stripped of committee assignments and denied effective counsel necessary to properly discharge our responsibilities as Board members
    -- all three of them

    They are not the first. They are not even the first to leave under those circumstances. Remember Oliver North? He left in April.

    Oddly enough, they did not cite the ongoing investigations.

    - - - Updated - - -

    So serial child sex slave rapist and friend of Trump Epstein makes the headlines again.

    Apparently, he has a private island -- yeah, actual people do that, who knew? -- and filed a permit for a music room. Then, built something that looks nothing at all like the permit.

    "Why is this such a big deal?"

    Well, for one, it's possible he was designing a prison for child sex slaves to rape.

    But more likely, it's an excuse for the Virgin Islands to kick him out. Epstein and his lawyers were trying to expand his USVI real estate while also trying to fight the sentence (cough cough pardon cough), strongly suggesting he was going to hide out there, meaning that country would forever be the country that allowed a serial child sex slave rapist to reside there with minimal oversight.

    The Virgin Islands could be having second thoughts.

  16. #23656
    The Undying
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    Quote Originally Posted by Rasulis View Post
    To be fair, it is bad. It is the worst Siberian fires in 10,000 years and have consumed 7 million acres. Correction, 7.9 million acres and growing.

    Also, Russia does not have the resources to contain the fires. In the past, they only fight fires in remote or inaccessible areas if the estimated damage exceeds the cost of the operation. Otherwise they just monitor the fires. So they lack the fire fighting infrastructure that you see with the US Western States.
    I'm unfamiliar with the forest fire tracking methodology from 10,000 years ago, but that sounds like Moscow propaganda. No doubt the fire in YUGE, and I'm sure with Putin and his cronies looting the country there isn't any money for proper fire fighting equipment/training/personnel/thinking.

    But the issue is Trump commenting on it like CA didn't just have a horrific disaster last year. Just one more blip on the insanity radar.

  17. #23657
    Quote Originally Posted by cubby View Post
    I'm unfamiliar with the forest fire tracking methodology from 10,000 years ago, but that sounds like Moscow propaganda. No doubt the fire in YUGE, and I'm sure with Putin and his cronies looting the country there isn't any money for proper fire fighting equipment/training/personnel/thinking.

    But the issue is Trump commenting on it like CA didn't just have a horrific disaster last year. Just one more blip on the insanity radar.
    California fires are bad. However, they pale in comparison to the Siberian fires. Those are on a completely different scale. The smoke and CO2 from those fires have major global ramifications. Unfortunately, unlike the US Western states, Russia never developed a global firefighting network. During the Cedar fires, there were firefighters, not only from other US states, but from all over the world (Australia, New Zealand, Japan, Indonesia, and even China) helping fight the fires in San Diego.

    Oops forgot Canada. They sent over 500 firefighters. Sorry.
    Last edited by Rasulis; 2019-08-01 at 11:33 PM.

  18. #23658
    Quote Originally Posted by Rasulis View Post
    California fires are bad. However, they pale in comparison to the Siberian fires. Those are on a completely different scale. The smoke and CO2 from those fires have major global ramifications. Unfortunately, unlike the US Western states, Russia never developed a global firefighting network. During the Cedar fires, there were firefighters, not only from other US states, but from all over the world (Australia, New Zealand, Japan, Indonesia, and even China) helping fight the fires in San Diego.
    Listen I love your reasoning. I myself understand the global impact of CO2 and other harmful being released in our atmosphere.

    This President is a science denier, a moron. At most Putin informed him that these fires prevent him (Putin) from now exploiting those natural resources.

    Oh yes, already answered. Trump jumped at the chance of helping these forrest fires and bitch and moaned about California.

    The oh btw part of my post was Trump dismissing Russia wants to interfere in our elections.

    - - - Updated - - -

    Texas Rep. Hurd, lone black Republican in House, won’t seek reelection - The Washington Post https://t.co/zCssojN7KD
    https://twitter.com/maggieNYT/status...890417158?s=19

    The lone black Republican in the House. The frikin House of Representatives. The branch that is supposed to represent the people, yet one African American.

    Hurd is former CIA and possibly had enough of not preventing Russian interference.
    Last edited by Paranoid Android; 2019-08-01 at 11:39 PM.
    Democrats are the best! I will never ever question a Democrat again. I LOVE the Democrats!

  19. #23659
    The Undying Breccia's Avatar
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    Quote Originally Posted by Shon237 View Post
    The lone black Republican in the House.
    Uh...oh man, I might regret this...but...



    I mean...what is it saying when the only African American Republican in the House (for now) is that guy? I mean, is that really as brown as they get? I mean...damn.

    P.S. If you don't know which one is Rep. Hurd, I've made my point, haven't I?

  20. #23660
    Quote Originally Posted by Breccia View Post
    NRA stuff
    Always love hearing the fallout of the NRA lately. That organization is a fucking mockery of what it once represented.

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