Mega-Thread: Trump Focused Discussion

[Breccia]

Didn't Trump say he wasn't going to listen to that provision?

He's trying to hide the decision-making process, yes, but giving his own companies the money is illegal. And the GOP signed off on it, too. Trump's going to have a hard time draining the swamp while directly taking taxpayer money and taking it for himself.

And even if he doesn't use it to enrich himself (he will) what's to stop him from giving that bailout money to corporations who will turn around and donate large amounts of money to his 2020 campaign anyways?

Valid. And he's likely to aim the money at his friends anyhow. Which is why he's blocking oversight.

[PhaelixWW]

-- Chuck Schumer

I'm not sure you read the post to which you were replying. It wasn't talking about bailout loans, it was talking about massive tax write-offs credit for real estate developers.

The Trump-can't-benefit clause doesn't affect that.

[unfilteredJW]

You know I have seen this on Twitter with the "pass it on" message. Maybe its me the cynic but I wonder how much social media helps the Dems/Left? I know the herd of Trumpsters are addicted to Facebook and such, mainly FB. Maybe my perception but the bubble seems much more stronger on the conservative side and on social media the news or political ads just have more of influence.

It was sorta strange how Facebook was this young person's social media and then was taking over by moms and dads and old people. Now it seems to be an echo chamber fro right wing news.

Pretty much.

Rubbing their nose in the giant shit they've left on the carpet.

[timberx]

Didn't Trump say he wasn't going to listen to that provision?

https://www.politico.com/news/2020/0...ersight-152560

And even if he doesn't use it to enrich himself (he will) what's to stop him from giving that bailout money to corporations who will turn around and donate large amounts of money to his 2020 campaign anyways?

That's a lotta big words. Does Trump himself even know what 'aggrandizement' means?

[Blur4stuff]

Facebook is for old people at this point. At least in western cultures. All of the 60+ people I know still use it. Everyone between kid and middle aged does not. My teenage nieces spend most of their time on tik tok and instagram as far as I can tell. They have FB profiles but only because they were made to and they don't actually use them.

[Captain N]

That's a lotta big words. Does Trump himself even know what 'aggrandizement' means?

Maybe he has one of those "Word of the Day" calendars....and tried to use it in a sentence?

[unfilteredJW]

Maybe he has one of those "Word of the Day" calendars....and tried to use it in a sentence?

Or, like with most things, he didn't do the work himself.

[Kontinuum]

you can't make this shit up

[Breccia]

The Trump-can't-benefit clause doesn't affect that.

Hmm, true. But the tax loophole being created for the top 1% only applies if your capital gains were capped -- which Trump probably didn't do. I certainly don't remember him making any big sales. And while Kushner got a massive bailout from his Middle East friends, they didn't buy the building or anything. So barring time travel, I don't know how much this actually helps Team Trump anyhow.

- - - Updated - - -

you can't make this shit up

Yes, Trump is using the address in which he explained how the federal government was handling a lethal emergency to brag about his ratings.

[Paranoid Android]

you can't make this shit up

This person is a narcasistic, sociopath. Again I can't believe any President saying this crap would retain any type of approval.

A little more than 40% are part of the cult. Just have to wish the other 10% who will decide the election are somewhat rational.

This is what you are to him, Americans.

An audience.

Not his constituents. Not the people who hired him. Not even humans.

You're boxes in a spreadsheet of his Neilsen ratings.

https://twitter.com/TheRickWilson/st...482410498?s=19

Good tweet by Rick Wilson. Yet as stated, I hope we have enough voters who get this.

[Breccia]

Fauci himself says the coronavirus could kill 100,000 Americans, making Trump's earlier comments about the flu and Biden (yes, lying comments are still comments) completely neutered.

Sorry, but if Team Trump wants to attack Biden for the 2009 outbreak and claim it's Biden's fault, then they get to own these number and accept that they're their fault. Anything else would be hypocrisy.

100,000 haven't died yet, of course, it's 2381 at time of writing. The H1N1 outbreak of 2009, or to put it in Trump's terms "TEXAS FLU TEXAS FLU TEXAS FLU", killed 12,469 people. The second the coronavirus kills more Americans than that, expect to see a massive goalpost moving by the rabid fanbase.

- - - Updated - - -

Oh right, I forgot to mention, Graham was on FOX News where he decried Pelosi's statement that Trump's delay was dangerous.

She's blaming the president of the United States for people dying because of the way he's led the country, That's the most shameful, disgusting statement by any politician in modern history

Now I want every Trump supporter to think about this one. Trump personally attacked Biden with a tweet, blaming Biden for the H1N1 deaths. I won't link it because I don't have to, y'all already read it. So which is it? Is attacking someone in charge, when death happen because of their presumed failures, fair game or not? Because either you have to condemn Trump for attacking Biden, or, you have to admit Pelosi's statement was fair game.

Pick one, Neither trait is redeeming.

[Stormspellz]

Fauci himself says the coronavirus could kill 100,000 Americans, making Trump's earlier comments about the flu and Biden (yes, lying comments are still comments) completely neutered.

Sorry, but if Team Trump wants to attack Biden for the 2009 outbreak and claim it's Biden's fault, then they get to own these number and accept that they're their fault. Anything else would be hypocrisy.

100,000 haven't died yet, of course, it's 2381 at time of writing. The H1N1 outbreak of 2009, or to put it in Trump's terms "TEXAS FLU TEXAS FLU TEXAS FLU", killed 12,469 people. The second the coronavirus kills more Americans than that, expect to see a massive goalpost moving by the rabid fanbase.

when has hypocrisy ever stopped republicans? or their cult?

[PhaelixWW]

Hmm, true. But the tax loophole being created for the top 1% only applies if your capital gains were capped -- which Trump probably didn't do. I certainly don't remember him making any big sales. And while Kushner got a massive bailout from his Middle East friends, they didn't buy the building or anything. So barring time travel, I don't know how much this actually helps Team Trump anyhow.

Take this with whatever size grain of salt you want, but this guy is reporting that the Trumpspawn have sold off more than $100 million of his property in the last few years, the same timeframe covered by the tax-shelter extension.

[Acidbaron]

Fauci himself says the coronavirus could kill 100,000 Americans, making Trump's earlier comments about the flu and Biden (yes, lying comments are still comments) completely neutered.

Sorry, but if Team Trump wants to attack Biden for the 2009 outbreak and claim it's Biden's fault, then they get to own these number and accept that they're their fault. Anything else would be hypocrisy.

100,000 haven't died yet, of course, it's 2381 at time of writing. The H1N1 outbreak of 2009, or to put it in Trump's terms "TEXAS FLU TEXAS FLU TEXAS FLU", killed 12,469 people. The second the coronavirus kills more Americans than that, expect to see a massive goalpost moving by the rabid fanbase.

- - - Updated - - -

Oh right, I forgot to mention, Graham was on FOX News where he decried Pelosi's statement that Trump's delay was dangerous.



Now I want every Trump supporter to think about this one. Trump personally attacked Biden with a tweet, blaming Biden for the H1N1 deaths. I won't link it because I don't have to, y'all already read it. So which is it? Is attacking someone in charge, when death happen because of their presumed failures, fair game or not? Because either you have to condemn Trump for attacking Biden, or, you have to admit Pelosi's statement was fair game.

Pick one, Neither trait is redeeming.

What some American's especially those favourable of Donny Dumbo don't know or understand is the exponential growth factor of this virus, in short it means every two days the number of infected doubles.

But that's alright because most of them are minor right and most of them aren't feeling anything people are still walking around when infected very few are in hospitals!?
That's correct - but what is forgotten and why European nations are locking their country down for a period of 3 to 4 weeks or slightly longer is that the virus can take up to 3 weeks to kick in. You can suffer in some cases a bit of a dry cough, a sour throat, some even get flu like symptoms and get better, only to be hit incredibly hart two days later.

This three week lock down is not an arbitrary number being used, this means that 3 weeks from the start of infection you have a good view on how many people actually need help and you want to minimize that number so that you actually a month later know what you're dealing with. This is not happening in the US and this is what people who understand this fear.

And the final point is, a hospital is there to threat all sorts of trauma and diseases by locking the country down you limit the first category quite significantly by allowing people to go about their life this number will stay the same, so this is another reason why people fear the USA will get hit hard and while the healthcare system will not last. But to round up, this means that the lives going to be lost in the USA are going to be a sum of regular illnesses, trauma and corona virus sufferers on top of that.

I hope i am wrong but i think by the end of the second week in April shit will have really hit the fan in the USA.

[Grimbold21]

In the EU banks are going to be footing the bill as they got bailed out last time by us. In the US tax payers are going to be footing the bill, while they bailed out companies the last time around and are now facing bankruptcy themselves.

And people still believe this is the correct way to go about things, seems the US never really got past slavery it just took a different form.

What's your source for the EU part?

[Breccia]

Take this with whatever size grain of salt you want, but this guy is reporting that the Trumpspawn have sold off more than $100 million of his property in the last few years, the same timeframe covered by the tax-shelter extension.

Well, that slipped past me. $100 million is a pretty big capital gain.

- - - Updated - - -

I hope i am wrong but i think by the end of the second week in April shit will have really hit the fan in the USA.

Every study I've found and linked agrees with you.

It was 2,191 1:30 or so last night. It's 2,409 now. If nobody else dies today, and even if "second week" means April 8, if that trend continues, your lowest even remotely realistic result is 6,220 dead by then.

I...don't think it will be that low. But the rosiest possible number I can find is "only" another four thousand dead.

[PhaelixWW]

It was 2,191 1:30 or so last night. It's 2,409 now. If nobody else dies today, and even if "second week" means April 8, if that trend continues, your lowest even remotely realistic result is 6,220 dead by then.

I...don't think it will be that low. But the rosiest possible number I can find is "only" another four thousand dead.

Total deaths has been more than doubling every 3 days for a long time now. At that rate, it'll be more like 20-30k by April 8th.

Let's hope for some kind of slow-down.

[Breccia]

Technically he doesn't control the business.

He handed it off to his children, who are also barred from taking the money.

[lockybalboa]

It pains me to see Donald getting thinner and thinner everyday from working day and night to rectify the pandemic situation. And look at those eyebags. Yet heartless people here still condemn him for not caring enough. What's the world coming to?

[Acidbaron]

What's your source for the EU part?

Worded it a wrong reading back, the banks are not going to end up paying for it but the reserves that they were ordered by the EU to create and maintain after the US housing bubble crash is there to maintain a stable economy with enough cash flow. As for actual source, it was mentioned by a few politicians here with ties to the EU.

So that money is going to be used to inject into the economy through several ways, being it loans or extension to delays on payments. How concrete this all will be is something we will learn more off in the coming weeks when talks about all of this start on an EU level. Right now we are just seeing the typical measures of the ECB.

If you want to learn more about that it is easier for me to just link this https://www.ecb.europa.eu/press/pr/d...7d8643.en.html

Bolded part is what i spoke of before.

"The European Central Bank (ECB) today announced a number of measures to ensure that its directly supervised banks can continue to fulfil their role in funding the real economy as the economic effects of the coronavirus (COVID-19) become apparent.

“The coronavirus is proving to be a significant shock to our economies. Banks need to be in a position to continue financing households and corporates experiencing temporary difficulties. The supervisory measures agreed today aim to support banks in serving the economy and addressing operational challenges, including the pressure on their staff,” said Andrea Enria, Chair of the ECB Supervisory Board.

Capital and liquidity buffers have been designed with a view to allowing banks to withstand stressed situations like the current one. The European banking sector has built up a significant amount of these buffers. The ECB will allow banks to operate temporarily below the level of capital defined by the Pillar 2 Guidance (P2G), the capital conservation buffer (CCB) and the liquidity coverage ratio (LCR). The ECB considers that these temporary measures will be enhanced by the appropriate relaxation of the countercyclical capital buffer (CCyB) by the national macroprudential authorities.

Banks will also be allowed to partially use capital instruments that do not qualify as Common Equity Tier 1 (CET1) capital, for example Additional Tier 1 or Tier 2 instruments, to meet the Pillar 2 Requirements (P2R). This brings forward a measure that was initially scheduled to come into effect in January 2021, as part of the latest revision of the Capital Requirements Directive (CRD V).

The above measures provide significant capital relief to banks in support of the economy. Banks are expected to use the positive effects coming from these measures to support the economy and not to increase dividend distributions or variable remuneration. "


There's more to the article than this but that's the meat of it.


In addition to that the term "corona bond" has been proposed and picked up as an idea, how much traction that will get is to be seen as some nations rightfully so are concerned about EU wide debt relief as for example Italy was already in bad shape before this. Especially considering the political landscape in Italy, nobody wants to further empower a populist party for example, as they won't make the hard choices.