BobTheCoward
Banned
- Joined
- Nov 12, 2010
- Messages
- 22,789
UNBELIEVABLE!!! Just when you think that it can't get any worse...
Why is this worse?
UNBELIEVABLE!!! Just when you think that it can't get any worse...
Jilmar Ramos-Gomez was carrying his passport and a REAL ID-compliant driver's license, yet ICE kept him detained for three days.
I wonder how the people advocating for voter ID laws will react to obvious evidence that such ID doesn't even work so well when a single individual is dealing with a bureaucracy who job involves checking IDs all the time.
Sounds like Downfall!Trump Tweets
Maria, Dagan, Steve, Stuart V - When you are the big “piggy bank” that other countries have been ripping off for years (to a level that is not to be believed), Tariffs are a great negotiating tool, a great revenue producers and, most importantly, a powerful way to get......
...Companies to come to the U.S.A and to get companies that have left us for other lands to come back home. We stupidly lost 30% of our auto business to Mexico. If the Tariffs went on at the higher level, they would all come back, and pass. But very happy with the deal I made,...
....If Mexico produces (which I think they will). Biggest part of deal with Mexico has not yet been revealed! China is similar, except they devalue currency and subsidize companies to lessen effect of 25% Tariff. So far, little effect to consumer. Companies will relocate to U.S.
Why is this worse?
I suppose that it's the sheer volume of corruption that is making every new item seem worse.
Trump Tweets
This is because the Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. The Fed Interest rate way too high, added to ridiculous quantitative tightening! They don’t have a clue!
Posted this in the "America will be like Venezuela" thread but it's applicable here as well.
Back to Venezuela and how countries end up in that type of currency mess. Again it’s almost always because politicians playing with the money supply as a way to help their popularity.
What’s going on in the US:
Before the 2016 election Trump pressures the Fed to increase interest rates to create an artificial economic downturn which he feels will help his election chances.
Now, he’s pressuring the Fed to lower interest rates to create an artificial economic boost to help his chances in the upcoming election.
This type of interfering with the money supply is economic death for a nation. It what undermined faith in currency in Venezuela, and if allowed to happen would have the same effect in the US. Fortunately the Fed has largely ignored Trump so far, but he’s been using appointments to undermine their decision making ability.
Mismanaging the Fed like this is something that will kill the US economy.
Trump Tweets
Maria, Dagan, Steve, Stuart V - When you are the big “piggy bank” that other countries have been ripping off for years (to a level that is not to be believed), Tariffs are a great negotiating tool, a great revenue producers and, most importantly, a powerful way to get......
...Companies to come to the U.S.A and to get companies that have left us for other lands to come back home. We stupidly lost 30% of our auto business to Mexico. If the Tariffs went on at the higher level, they would all come back, and pass. But very happy with the deal I made,...
....If Mexico produces (which I think they will). Biggest part of deal with Mexico has not yet been revealed! China is similar, except they devalue currency and subsidize companies to lessen effect of 25% Tariff. So far, little effect to consumer. Companies will relocate to U.S.
Ignoring of course that the democratically controlled house has passed dozens of pieces of legislation, but that most of their work (even stuff that was bipartisan) either never reaches the floor of the senate (thanks in large part to Mitch McConnell) or gets vetoed.Trump Tweets
“Why did the Democrats run if they didn’t want to do things?”
@SenRickScott
Trump Tweets
Maria, Dagan, Steve, Stuart V - When you are the big “piggy bank” that other countries have been ripping off for years (to a level that is not to be believed), Tariffs are a great negotiating tool, a great revenue producers and, most importantly, a powerful way to get......
...Companies to come to the U.S.A and to get companies that have left us for other lands to come back home. We stupidly lost 30% of our auto business to Mexico. If the Tariffs went on at the higher level, they would all come back, and pass. But very happy with the deal I made,...
....If Mexico produces (which I think they will). Biggest part of deal with Mexico has not yet been revealed! China is similar, except they devalue currency and subsidize companies to lessen effect of 25% Tariff. So far, little effect to consumer. Companies will relocate to U.S.
(Anyway I thought all the US piggy bank was full of was IOU notes!)
Trump Tweets
This is because the Euro and other currencies are devalued against the dollar, putting the U.S. at a big disadvantage. The Fed Interest rate way too high, added to ridiculous quantitative tightening! They don’t have a clue!
Quote
Bloomberg Opinion
European landmarks have a question they desperately need answering: How do you stop the tourists from coming? (link: https://bloom.bg/2R0KhAZ) bloom.bg/2R0KhAZ
Trump's Tweet:
Good day in the Stock Market. People have no idea the tremendous potential our Country has for GROWTH - and many other things!
The time stamp on the tweet was June 11, 6:55AM.
After opening ~118 points higher than yesterday, the DOW has started to drop, and as of 1pm had dropped 169 points from the start of session (and is 51 points below yesterday's close.)