Mega-Thread: Trump Focused Discussion

[Zaydin]

Three hundred billion. You're off by an order of magnitude, there.

And at 300 billion a month, we could get five months of that with the money the Fed wasted last week on its failed attempted 1.5 trillion dollar bailout that rallied stock markets for about half an hour.

[PhaelixWW]

Looks like the DOW's going to end up juuuuust under the -3000 mark for the official close, down to 20188. For those keeping score at home, that's -13%.

It's important to keep in mind the 19827 mark, as that's the DOW closing total on the day Trump was inaugurated. Which means that after a little more than 3 years, we're only about 360 points higher now than when Trump took office.

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Trump - "I'd rate our response as a 10"

...out of 100? That's more honesty than I'd expect, given... oh, wait, nm.

[Zaydin]

...out of 100? That's more honesty than I'd expect, given... oh, wait, nm.

The hilarity of watching Trump destroy his own presidency because his ego means he is incapable of being contrite during this crisis. Today is proof that the markets no longer have confidence in his leadership and his ability to 'guide' the nation through this pandemic.

I really want to know where his approval rating is at right now because you'd have to be deranged and/or in denial to be giving him good marks.

[Zan15]

And at 300 billion a month, we could get five months of that with the money the Fed wasted last week on its failed attempted 1.5 trillion dollar bailout that rallied stock markets for about half an hour.

PLEASE STOP...PLEASE?


they did not spend 1.5 trillion.
They took assets and invested it in assets that will eventually be worth 1.5 trillion or more.

Its complicated but the value of the transaction is up to 1.5 trillion but the amount actually "spent" is way lower


The actual amount of money spent was a few million on fees and administration cost.

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The hilarity of watching Trump destroy his own presidency because his ego means he is incapable of being contrite during this crisis. Today is proof that the markets no longer have confidence in his leadership and his ability to 'guide' the nation through this pandemic.

I really want to know where his approval rating is at right now because you'd have to be deranged and/or in denial to be giving him good marks.

Probalby hasn't dropped that much because layoffs are still muted and people will still at least get another paycheck in the next two weeks....after that....it could be bad...very bad.




As far as his conference today I'd give it 8.5 out of 10.
He did a good job, muted attitude and did not attack anyone with fake shit until the very end where he made veiled attempts at Obama's response.

[Omega10]

The hilarity of watching Trump destroy his own presidency because his ego means he is incapable of being contrite during this crisis. Today is proof that the markets no longer have confidence in his leadership and his ability to 'guide' the nation through this pandemic.

I really want to know where his approval rating is at right now because you'd have to be deranged and/or in denial to be giving him good marks.

I don't find it very funny at all.

[derpkitteh]

Three hundred billion. You're off by an order of magnitude, there.

ah, my fucking eyes dammit. i read the calculator wrong.

that's perfectly doable then i think, wow. we need to do this.

[Kiri]

As far as his conference today I'd give it 8.5 out of 10.
He did a good job, muted attitude and did not attack anyone with fake shit until the very end where he made veiled attempts at Obama's response.

Idk about your scale, but to me, "not attacking others with false shit at all" would be the minimum bar to clear for a conference about a global pandemic. We really need to stop giving the President points for not being as bad as he could be in a crisis.

[Zan15]

800 billion dollar...umm..."aid" package being prepared for key industries.

i.e - what trump and party called bailouts


man, he's going to fucking hate having to do exactly what Obama did.....

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Idk about your scale, but to me, "not attacking others with false shit at all" would be the minimum bar to clear for a conference about a global pandemic. We really need to stop giving the President points for not being as bad as he could be in a crisis.

Its not just that the conference was informative, it was very helpful and accurate.

He actually admitted a lot of problems and also the possibility that this could cause a recession and bigly economic problems that might need huge economic packages to fix... i.e exactly what Obama did.


To not give him credit for pulling that all together is just giving into the hysteria on the right that no matter what trump does you would hate it in its entirety.... i.e Obama Hate Syndrome

[Belize]

Trump - "I'd rate our response as a 10"

FFS man, you're going to get people killed. Oh wait, you already did.

The scale was out of 100, he's about right.

[PhaelixWW]

He actually admitted a lot of problems and also the possibility that this could cause a recession and bigly economic problems that might need huge economic packages to fix... i.e exactly what Obama did.

In other words, he's finally, FINALLY learning some political accountability.

(No, I don't expect the lesson to last.)

[Zaydin]

In other words, he's finally, FINALLY learning some political accountability.

(No, I don't expect the lesson to last.)

*snort* If you believe that Trump is capable of learning his lesson, I have beachfront property for sale in Siberia that you will just love.

[alexw]

The hilarity of watching Trump destroy his own presidency because his ego means he is incapable of being contrite during this crisis. Today is proof that the markets no longer have confidence in his leadership and his ability to 'guide' the nation through this pandemic.

I really want to know where his approval rating is at right now because you'd have to be deranged and/or in denial to be giving him good marks.

Its like the pilot of the Titanic not steering away from the iceberg because the day before he'd boasted to his crew that his ship was unsinkable and didn't want to embarass himself.

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I don't find it very funny at all.

...when you realize you are one of the crew he boasted to.

[PhaelixWW]

Oh, fuck.

I hadn't even considered this aspect before, but...

The current justices of our Supreme Court are, to be blunt, old. Justice Ruth Bader Ginsburg just turned turned 87. Justice Stephen Breyer is 81, Justice Clarence Thomas is 71 and the other six justices range from the 69-year-old Justice Samuel Alito down to the youngster of the group, Justice Neil Gorsuch, who is 52.

Most of the justices fall within or near the demographic group -- people older than 60 -- that is at higher risk of becoming seriously ill from the coronavirus.

I now have to wonder what increased likelihood we have of one or more of the current SCJ spots needing to be filled before any kind of change could be possibly effected in the current administration and/or Senate leadership.

I mean, with the two oldest SCJ's leaning the opposite direction of the current administration, the situation is even more tenuous than before.

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I don't find it very funny at all.

Meh, gallows humor is a coping mechanism, especially related to things outside your direct control.

[Draco-Onis]

Oh, fuck.

I hadn't even considered this aspect before, but...

I now have to wonder what increased likelihood we have of one or more of the current SCJ spots needing to be filled before any kind of change could be possibly effected in the current administration and/or Senate leadership.

I mean, with the two oldest SCJ's leaning the opposite direction of the current administration, the situation is even more tenuous than before.

Most of congress and the two candidates for president are over the age of 60 forget supreme court justices we will need a new government.

[kaid]

Oh, fuck.

I hadn't even considered this aspect before, but...

I now have to wonder what increased likelihood we have of one or more of the current SCJ spots needing to be filled before any kind of change could be possibly effected in the current administration and/or Senate leadership.

I mean, with the two oldest SCJ's leaning the opposite direction of the current administration, the situation is even more tenuous than before.

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Meh, gallows humor is a coping mechanism, especially related to things outside your direct control.

This is why it is utterly important that trump is not reelected and if possible the senate taken too.

[PhaelixWW]

This is why it is utterly important that trump is not reelected and if possible the senate taken too.

I'm more worried about a theoretical lame duck situation where he and the Senate know they're in for a shitstorm of an election cycle and have a few "suddenly open" SCOTUS spots. Are there any regulations to how long those confirmation hearings run? Or could they just, in theory, rubber stamp some relatively young person into a SCOTUS position just to have an edge for a generation?

[Blur4stuff]

UBI wouldn't be that hard to swing if you tapered it off according to income. You could then make it neutral with a few modest cuts to defense and taxes on the wealthy. We wouldn't be any less safe seeing as how we waste billions in defense for things we don't even need. And the wealthy wouldn't have their quality of life altered even one tiny bit.

[DarkTZeratul]

Are there any regulations to how long those confirmation hearings run? Or could they just, in theory, rubber stamp some relatively young person into a SCOTUS position just to have an edge for a generation?

Mitch McConnell has systematically dismantled all of the rules for confirmation hearings. They could meet for twenty minutes and then rubber stamp them.

[Skroe]

You could then make it neutral with a few modest cuts to defense and taxes on the wealthy. We wouldn't be any less safe seeing as how we waste billions in defense for things we don't even need.

Ah this old chestnut. Factually wrong. The answer is no, and don't ask again.

[Zan15]

Well at least the presidents party and senate has things in priority.....


https://www.dailymail.co.uk/news/art...e-package.html

Senate will not pass emergency coronavirus bailout for DAYS and some Republicans are believed to oppose package which includes sick pay guarantees for sufferers
The Senate will remain in session this week, despite the coronavirus outbreak

Senate Majority Leader Mitch McConnell is expected to bring the emergency coronavirus stimulus package for a vote – but not until later in the week
Instead, the Senate is first voting on renewing intelligence surveillance laws

Democratic Senator Dick Durbin asserted the Senate should bring the bill up for a vote by unanimous consent instead of focusing on renewing FISA
'Given this pandemic, time is of the essence and we should not delay,' he said in a statement Sunday

The Senate is heading to the Capitol as the House recesses as the coronavirus outbreak continues to spread across the nation

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Ah this old chestnut. Factually wrong. The answer is no, and don't ask again.

Yup no waste whatsoever in the military....!!! and we need every last thing they spend the money on!!!!!

I guess we could bomb people who are infected!!