New Developments III
- Sonic Youth
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Re: New Developments III
Heksagon, you'll be happy to know that both of Trump's Federal Reserve board nominees withdrew themselves from consideration - one happened just yesterday - when it was clear they would not be approved. To be sure, there will be other nominees and no doubt they'll be terrible, but at least they might have some actual qualifications other than being a personal acquaintance.
"What the hell?"
Win Butler
Win Butler
Re: New Developments III
You only need two things for printing money (or whatever you want to call it) to become a real policy - an incompetent President and an incompetent Board of Governors of the Federal Reserve. So I'd say with Donald Trump we're about halfway getting there. And Trump is certainly working his way to getting the other pre-condition a reality as well, as he's been trying to stack the Board of Governors with political hacks lacking any formal qualifications.
Trump would certainly want to see Federal Reserve adopt a more inflationary policy. Now that Democrats control the House, he can't "stimulate" the economy via tax cuts, so inflation is the one other thing he could try to give the economy a short-term boost before the next elections.
Trump would certainly want to see Federal Reserve adopt a more inflationary policy. Now that Democrats control the House, he can't "stimulate" the economy via tax cuts, so inflation is the one other thing he could try to give the economy a short-term boost before the next elections.
Re: New Developments III
Ray Dalio says MMT, the controversial theory endorsed by Alexandria Ocasio-Cortez, is a lot closer to happening than you might think:
https://markets.businessinsider.com/new ... 1028162987
https://markets.businessinsider.com/new ... 1028162987
Re: New Developments III
Sabin wrote:Bill Weld officially announces he is challenging Trump for GOP nomination in 2020
https://www.cnn.com/2019/04/15/politics ... index.html
That's a key.
We'll see how many Bill Weld Republicans there actually are out there.
I voted for the Gary Johnson/Bill Weld ticket in 2016, mostly as a protest vote but both were genuinely more likable than either of the two major ticket candidates. I don't see Weld alone making huge inroads against Trump for the nomination, but if former 2-term Ohio Governor John Kasich, former Tennessee Senator Bob Corker and current Maryland Governor Larry Hogan -- now in his second term -- all run, it could shake up Trump's re-election bid. Those are the three major party members who have expressed some interest or hinted at a 2020 run. It would be a signal that the party's future is not a foregone conclusion, though it might not completely stave off a Trump re-nomination. He would be forced to use resources to ward off those challenges, since they are not all lightweights (particularly Kasich).
"Because here’s the thing about life: There’s no accounting for what fate will deal you. Some days when you need a hand. There are other days when we’re called to lend a hand." -- President Joe Biden, 01/20/2021
Re: New Developments III
Bill Weld officially announces he is challenging Trump for GOP nomination in 2020
https://www.cnn.com/2019/04/15/politics ... index.html
That's a key.
We'll see how many Bill Weld Republicans there actually are out there.
https://www.cnn.com/2019/04/15/politics ... index.html
That's a key.
We'll see how many Bill Weld Republicans there actually are out there.
"How's the despair?"
Re: New Developments III
I haven't felt as sad about something in a long while.Mister Tee wrote:Posted on Twitter as the Notre Dame horror unfolds:
"Watching helplessly as something beautiful burns is 2019 in a nutshell"
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Re: New Developments III
Posted on Twitter as the Notre Dame horror unfolds:
"Watching helplessly as something beautiful burns is 2019 in a nutshell"
"Watching helplessly as something beautiful burns is 2019 in a nutshell"
Re: New Developments III
Dow falls 460 points as US recession indicator flashes red:
https://www.cnn.com/2019/03/22/investin ... index.html
https://www.cnn.com/2019/03/22/investin ... index.html
Re: New Developments III
Okay, let's now marvel at my extremely poor predicting powers. Ivey actually came out of the special election looking pretty good after she insisted that Jones' victory be certified on time when Moore kept trying to throw out legal challenges. And the primaries never made much of an issue out of what she could (or couldn't) have done to "save" the Senate seat. She coasted through the primary with no trouble at all, didn't even show up to the debates, managed to easily avoid a runoff, and with one of the highest approval ratings of any governor in the country, she'll probably be elected to a full term with no trouble.dws1982 wrote: - A loss for Moore tonight would be, on a state level, a big loss for Governor Ivey. She was the only person who could've changed the date of today's election (which would've been irregular, but she still could have) and decided not to. She said she believed the allegations about Moore, and then supported him in the election. Outside of the candidates themselves, no one has more to lose based on the outcome tonight. If Moore loses, this absolutely will be used in the primaries against her next year.
I'm much better with movies and math.
Re: New Developments III
Study: Puerto Rico hurricane death toll near 5,000:
https://www.youtube.com/watch?v=qcUwqYohC_0
This is more than the number of people who died in 9-11 and more than twice the number of people who died from Hurricane Katrina.
https://www.youtube.com/watch?v=qcUwqYohC_0
This is more than the number of people who died in 9-11 and more than twice the number of people who died from Hurricane Katrina.
Re: New Developments III
It was bound to happen sooner or later, considering the stock market was ridiculously overvalued thanks to the Fed's trickle-down policies - I mean, the QA policy.
Re: New Developments III
If anyone here regularly checks the Stock Market, you might want to take a deep breath before checking this time.
Re: New Developments III
Crypto market now worth over $500 billion:
https://betanews.com/2017/12/13/cryptoc ... cember-13/
For me, the most stunning sentence in the article is, "More than $100 billion were added to the crypto market's capitalization in the past week."
An increase of $100 billion per week would lead to an increase of over $5 trillion per year. I remember reading that $5 trillion was lost when the dot-com bubble burst, and, $8 trillion was lost when the housing bubble burst.
https://betanews.com/2017/12/13/cryptoc ... cember-13/
For me, the most stunning sentence in the article is, "More than $100 billion were added to the crypto market's capitalization in the past week."
An increase of $100 billion per week would lead to an increase of over $5 trillion per year. I remember reading that $5 trillion was lost when the dot-com bubble burst, and, $8 trillion was lost when the housing bubble burst.
Re: New Developments III
I can't wait for the movie that will chronicle this crazy election.
Maybe they should cast Kevin Spacey as Roy Moore. I'm sure he will be VERY convincing.
Maybe they should cast Kevin Spacey as Roy Moore. I'm sure he will be VERY convincing.
That's what happens always when you make a pact with the devil. He takes your soul and gives you nothing in return.Sabin wrote:And just like that, the GOP found themselves condoning pedophilia for absolutely nothing.
Re: New Developments III
And just like that, the GOP found themselves condoning pedophilia for absolutely nothing.
"How's the despair?"