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Old 04-05-2019, 12:42 PM   #13251
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Re: The Presidency of Donald J. Trump: State of Emergency

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This "longest streak of consecutive jobs growth on record" started in October 2010, for those wondering.
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Old 04-05-2019, 12:44 PM   #13252
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Old 04-05-2019, 12:46 PM   #13253
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Old 04-05-2019, 12:59 PM   #13254
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Old 04-05-2019, 01:11 PM   #13255
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Re: The Presidency of Donald J. Trump: State of Emergency

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Maybe they should stop, you know, BUYING the drugs.
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Old 04-05-2019, 01:14 PM   #13256
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Re: The Presidency of Donald J. Trump: State of Emergency

Everyone is quoting rap songs these days, but this one is pretty funny imo.

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Old 04-05-2019, 01:28 PM   #13257
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Re: The Presidency of Donald J. Trump: State of Emergency

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How many have you stiffed directly or through contractors?
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Old 04-05-2019, 01:42 PM   #13258
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Old 04-05-2019, 01:44 PM   #13259
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Re: The Presidency of Donald J. Trump: State of Emergency

I used to wish he would just ****ing die, but the GOP would just parlay it into Pence forever. What an absolute **** hole this country is.
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Old 04-05-2019, 01:45 PM   #13260
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Re: The Presidency of Donald J. Trump: State of Emergency

lol schumer, that's actually pretty impressive
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Old 04-05-2019, 01:49 PM   #13261
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Old 04-05-2019, 01:51 PM   #13262
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Re: The Presidency of Donald J. Trump: State of Emergency

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President and chair of district banks, especially the smaller district banks like Kansas City, are almost purely political appointments.

I estimate the probability Herman Cain got significant relevant experience at approximately zero.
Can you expand on this? I don't really know much about what regional Fed banks do or the relevant experience they might provide to be appointed to the Fed.
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Old 04-05-2019, 01:56 PM   #13263
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Re: The Presidency of Donald J. Trump: State of Emergency

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Everyone is quoting rap songs these days, but this one is pretty funny imo.



That's a pro tweet right there. Chucky hire a staffer from AOC?
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Old 04-05-2019, 01:58 PM   #13264
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Re: The Presidency of Donald J. Trump: State of Emergency

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How many have you stiffed directly or through contractors?
Nothing matters
Florida paint shop owner Juan Carlos Enriquez has what you might call a complicated relationship with Donald Trump. For three years, he waged a fierce legal battle to get the real-estate mogul to make good on an unpaid bill. And then in November, he voted for the guy. "Politics and business are two different things,” Enriquez, 52, told NBC News.

[...]
In the fall of 2013, the small business got a big job. A subcontractor on the $200 million remodeling of the Trump National Doral golf resort ordered $142,000 worth of paint from Enriquez. The paint was delivered and used, court records show. Trump Endeavor, the company that operates the resort, paid the early installments of the bill, but after the subcontractor walked off the job, Enriquez never got a final payment of about $32,000. In the fall of 2014, Enriquez filed a lien, a legal tool used to recover a debt by tying up a piece of property. He said he offered to settle the matter for $26,000 but the Trump team balked — not surprising since Trump has repeatedly boasted that he never settles.

[...]

The Trump Organization decided to appeal, and the case was still pending when Enriquez had to decide who to send to the White House. A registered Republican who sometimes votes for Democrats, he admits he hesitated over his mail-in ballot. "I was pissed at that point," he said. He knew that Trump had been accused of stiffing other small businesses. And he believes the mogul — who once boasted that he never settles a lawsuit — has "got to be accountable" for decisions made by his underlings or attorneys. "People who don't pay their bills? It gives me a bad taste in my mouth," he said.

Still, he put his mark in the Trump column.

"At the end of the day, you have to be a proud American," he said, praising Trump's immigration policies and "no-nonsense" style.
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Old 04-05-2019, 02:08 PM   #13265
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Re: The Presidency of Donald J. Trump: State of Emergency

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Can you expand on this? I don't really know much about what regional Fed banks do or the relevant experience they might provide to be appointed to the Fed.
District bank boards basically divided into three groups:
Directors representing member banks
Directors chosen by member banks to represent the public (not surprisingly, a lot of business owners and ceo types)
Directors chosen by Fed Reserve board to represent the public (academics, union leaders and some big business owners here)

In smaller districts, you get a lot more nepotism partly due to dearth of qualified candidates and partly due to their relative insignificance.

In NY, by convention and desire for self preservation, the banks and business leaders have been very professional and almost invariably hired well respected career bureaucrats and economists. SF too to a lesser extent.
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Old 04-05-2019, 02:31 PM   #13266
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Re: The Presidency of Donald J. Trump: State of Emergency

Juan Carlos Enriquez sounds like a genuine idiot.
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Old 04-05-2019, 02:43 PM   #13267
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Re: The Presidency of Donald J. Trump: State of Emergency

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Stay safe. Try and fit some golf in if you can. Love to M & B. Be Best!
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Old 04-05-2019, 02:53 PM   #13268
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Re: The Presidency of Donald J. Trump: State of Emergency

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As things continue to disintegrate I can see a future where the only posts itt are the bot as posters get banned or move on. It’s an dystopian image, kind of creepy to imagine the bot posting tweets to an empty audience. Invokes the feeling of an abandoned carnival with trash blowing across the empty walkways and a robot clown barker still inviting people to step right up and see the freak show through a crackling speaker in it’s big red mouth.
Clappingaudience.gif
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Old 04-05-2019, 02:57 PM   #13269
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Re: The Presidency of Donald J. Trump: State of Emergency

Trump’s Fed Picks Have Fond Memories of the Gold Standard
John Maynard Keynes, the secular saint of left-leaning economists, called gold a “barbarous relic.” Milton Friedman, his counterpart on the right, said a gold standard for the dollar “is not feasible because the mythology and beliefs required to make it effective do not exist.” In 2012, a survey of leading economists by the University of Chicago Booth School of Management found that 34 percent disagreed with a gold standard and 66 percent disagreed strongly.

Yet both of President Donald Trump’s apparent picks for open seats on the Federal Reserve Board of Governors, Stephen Moore and Herman Cain, are interested in fixing the price of the dollar in quantities of gold—bringing back a system that President Richard Nixon abandoned in 1971.

Their stance on gold encapsulates how far the two are outside the mainstream. It doesn’t mean they’re wrong—just that most economists of the left, right, and center who have looked into restoring the gold standard have concluded that it would be a bad idea.

Then again, the person who wants them on the Fed is more open to the idea. While campaigning for president in 2016, Trump told GQ, “Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money.”

...

Cain is all-in for gold. In an op-ed for the Wall Street Journal that he wrote in 2012 after he had dropped out of the race for the Republican nomination, in part over accusations of sexual harassment, he wrote: “Gold is kryptonite to big-spending politicians. It is to the moochers and looters in government what sunlight and garlic are to vampires.” Moore, who holds a master’s degree in economics, is less of a gold bug than Cain. In a 2015 interview, he said he would prefer to peg the dollar to the value of a basket of commodities, not just gold. But he did say a gold standard would be “a lot better than what we have now.”
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Old 04-05-2019, 02:59 PM   #13270
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Re: The Presidency of Donald J. Trump: State of Emergency

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"But my norms" people got to understand you're dealing with the Terminator of shamelessness

Wouldn’t say I’m necessarily jealous but I am curious how every single Republican lives with absolutely zero shame. Guess it helps when you realize there are zero repercussions for your actions and sometimes you even get rewarded since our population is like 50% absolute pieces of ****
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Old 04-05-2019, 03:11 PM   #13271
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Old 04-05-2019, 03:13 PM   #13272
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Re: The Presidency of Donald J. Trump: State of Emergency

Quote:
Originally Posted by otatop View Post
Nothing matters
Florida paint shop owner Juan Carlos Enriquez has what you might call a complicated relationship with Donald Trump. For three years, he waged a fierce legal battle to get the real-estate mogul to make good on an unpaid bill. And then in November, he voted for the guy. "Politics and business are two different things,” Enriquez, 52, told NBC News.

[...]
In the fall of 2013, the small business got a big job. A subcontractor on the $200 million remodeling of the Trump National Doral golf resort ordered $142,000 worth of paint from Enriquez. The paint was delivered and used, court records show. Trump Endeavor, the company that operates the resort, paid the early installments of the bill, but after the subcontractor walked off the job, Enriquez never got a final payment of about $32,000. In the fall of 2014, Enriquez filed a lien, a legal tool used to recover a debt by tying up a piece of property. He said he offered to settle the matter for $26,000 but the Trump team balked — not surprising since Trump has repeatedly boasted that he never settles.

[...]

The Trump Organization decided to appeal, and the case was still pending when Enriquez had to decide who to send to the White House. A registered Republican who sometimes votes for Democrats, he admits he hesitated over his mail-in ballot. "I was pissed at that point," he said. He knew that Trump had been accused of stiffing other small businesses. And he believes the mogul — who once boasted that he never settles a lawsuit — has "got to be accountable" for decisions made by his underlings or attorneys. "People who don't pay their bills? It gives me a bad taste in my mouth," he said.

Still, he put his mark in the Trump column.

"At the end of the day, you have to be a proud American," he said, praising Trump's immigration policies and "no-nonsense" style.
That dude is self hating on so many levels.
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Old 04-05-2019, 03:15 PM   #13273
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Re: The Presidency of Donald J. Trump: State of Emergency

Quote:
Originally Posted by ScreaminAsian View Post
Trump’s Fed Picks Have Fond Memories of the Gold Standard
John Maynard Keynes, the secular saint of left-leaning economists, called gold a “barbarous relic.” Milton Friedman, his counterpart on the right, said a gold standard for the dollar “is not feasible because the mythology and beliefs required to make it effective do not exist.” In 2012, a survey of leading economists by the University of Chicago Booth School of Management found that 34 percent disagreed with a gold standard and 66 percent disagreed strongly.

Yet both of President Donald Trump’s apparent picks for open seats on the Federal Reserve Board of Governors, Stephen Moore and Herman Cain, are interested in fixing the price of the dollar in quantities of gold—bringing back a system that President Richard Nixon abandoned in 1971.

Their stance on gold encapsulates how far the two are outside the mainstream. It doesn’t mean they’re wrong—just that most economists of the left, right, and center who have looked into restoring the gold standard have concluded that it would be a bad idea.

Then again, the person who wants them on the Fed is more open to the idea. While campaigning for president in 2016, Trump told GQ, “Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money.”

...

Cain is all-in for gold. In an op-ed for the Wall Street Journal that he wrote in 2012 after he had dropped out of the race for the Republican nomination, in part over accusations of sexual harassment, he wrote: “Gold is kryptonite to big-spending politicians. It is to the moochers and looters in government what sunlight and garlic are to vampires.” Moore, who holds a master’s degree in economics, is less of a gold bug than Cain. In a 2015 interview, he said he would prefer to peg the dollar to the value of a basket of commodities, not just gold. But he did say a gold standard would be “a lot better than what we have now.”
Actually it does mean they are wrong. Going back to a gold standard is absurd.
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Old 04-05-2019, 03:37 PM   #13274
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Re: The Presidency of Donald J. Trump: State of Emergency

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Originally Posted by dlk9s View Post
Juan Carlos Enriquez sounds like a genuine idiot.
Legitimately the only person on earth in consideration for dumber than trump.
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Old 04-05-2019, 04:33 PM   #13275
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