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President Trump: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Nov 12, 2016.

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  1. 2muchcoffeeman

    2muchcoffeeman Well-Known Member

    He didn’t have to quit to do that.
     
    2muchcoffeeman, Oct 19, 2018
    #112489
  2. typefitter

    typefitter Well-Known Member

    I've never celebrated a death, but when Trump dies, I will hold a party at my house that will be big enough to make the papers. It will be called The World is a Much Better Place Party.
     
    typefitter, Oct 19, 2018
    #112490
    Driftwood, lakefront, HanSenSE and 3 others like this.
  3. Azrael

    Azrael Well-Known Member

    ACA is thorny. I'm not sure it can be fixed.

    Hamstrung from the start, then systematically undermined, the only real solutions are to undo it entirely, reset prices and start from scratch - or to push on through to a single payer-style Medicare-for-all.

    Eventually maybe we'll wind up with a tiered system like Germany's.
     
    Azrael, Oct 19, 2018
    #112491
  4. John B. Foster

    John B. Foster Well-Known Member

     
    John B. Foster, Oct 19, 2018
    #112492
  5. typefitter

    typefitter Well-Known Member

    Bankrupting others while enriching himself? What a shocker. Couldn't have seen that coming.

    Hey, Trump supporters: He doesn't give a shit about you or your family or your country. You're voting, and owning that stain on your life's record, for someone who would sell you out for a nickel.
     
    typefitter, Oct 19, 2018
    #112493
    John B. Foster likes this.
  6. The Big Ragu

    The Big Ragu Moderator Staff Member

    The increasing debt means that the US Treasury needs to sell more bonds -- which it has been and demand has been tepid, for a variety of reasons, not just because we are taking on too much debt. At the same time, the Federal Reserve, which spent close to a decade BUYING much of the debt we issued (with money created out of thin air, in a scheme worthy of Charles Ponzi), has not only stopped buying, it is letting a small amount of expiring treasury debt roll off its balance sheet. Combine the two things, then add in the fact that foreigners have scaled back on how much of our debt they have been willing to buy (with some actual selling possibly going on), and that is why longer-term interest rates have made such a big move recently. Our Federal government, our economy, and our overleveraged businesses and consumers can't afford higher interest rates. If a market were determining the rate of interest, it would be hundreds of basis points higher. Instead, we price fix it, and by keeping it suppressed so far, for so long, it has encouraged more and more debt -- including what our Federal government is doing. We needed to be become fiscally responsible. Even if we had, we were already so far gone into debt before they ratcheted it up, higher interest rates were going to be a problem. Instead, we did the opposite. We are making the coming deleveraging even worse -- that much more bad debt is going to have to clear, across the economy.

    BTW, Trump's going to every government area and telling them to cut 5 percent of their budget is fine. We need to be doing that. But it's peanuts in the context of our Federal budget. We are getting eaten up by entitlements (Social Security, Medicare, Medicaid) and defense spending. We just increased defense spending instead of reigning it in. Exactly the opposite of what we can afford. And they won't touch the entitlements -- instead they make unrealistic promises and have watched them create bigger and bigger debt loads. They are not likely to deal with those things until there is a crisis. We are getting closer with each day.
     
    Last edited: Oct 19, 2018
    The Big Ragu, Oct 19, 2018
    #112494
  7. Tarheel316

    Tarheel316 Well-Known Member

    I know.lol Should have used the blue font.
     
    Tarheel316, Oct 19, 2018
    #112495
  8. franticscribe

    franticscribe Well-Known Member

    My sister had her house renovated on one of those shows. I wouldn't have done it that way, but the workmanship seemed to be pretty decent. They sold the place about a year after the renovation, which I think was smart.
     
    franticscribe, Oct 19, 2018
    #112496
  9. Azrael

    Azrael Well-Known Member

    Good for them.

    I'd sign up for a "This Old House" renovation in a heartbeat. But that's a different premise.

    The others over the years seem hit or miss.
     
    Azrael, Oct 19, 2018
    #112497
    franticscribe likes this.
  10. Corky Ramirez up on 94th St.

    Corky Ramirez up on 94th St. Well-Known Member

    I used to think that too about TOH. I was a loyal watcher of that and Ask This Old House (still do the latter). But then I realized they were taking a historic home and adding these touches that were so far removed from being period correct (I am a big proponent of keeping things as close to original as possible). And these giant kitchens. I forget where I read it, but the renovations they do can cost $500K or more ... well out of the realm of most people, and I think, they've gotten away from the Bob Vila/Norm Abrams beginnings.
     
    Corky Ramirez up on 94th St., Oct 19, 2018
    #112498
  11. Tarheel316

    Tarheel316 Well-Known Member

    What about Fixer Upper with Chip and Joanna Gaines on HGTV? They seem legit.
     
    Tarheel316, Oct 19, 2018
    #112499
  12. Azrael

    Azrael Well-Known Member

    I haven't seen it.

    Are they pretty good about showing process and teaching technique? That's sort of my gauge for these shows, that they be instructional, not just aspirational.

    One of the main reasons I liked the original "This Old House."

    The best carpentry shows I've ever seen in this format are on German TV. Incredibly instructive in craft.
     
    Azrael, Oct 19, 2018
    #112500
    Hermes likes this.
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