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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. The Big Ragu

    The Big Ragu Moderator Staff Member

    He's a tool.

    Stephen Moore's views on monetary policy (I hate the term; they are price fixers) are that a central planning authority like the Fed should not be targeting interest rates. Because by subverting market forces, they continually price fix the cost of money too low, and that creates all kinds of pecuniary effects -- artificial booms as you pull growth forward, and then trying to hold off devastating busts and debt crises, meanwhile putting the broad economy into a comatose malaise where the rich get richer on the asset price inflation you stoke with your manipulation, and the poor struggle, because they don't have the means to take advantage of your free money.

    Sounds great. I totally agree.

    But for a hack like Stephen Moore, that only holds true when Barack Obama is the president. When Donald Trump is president. ... for Stephen Moore, it's a completely different story. Donald Trump has "pro growth" policies, according to Moore, and therefore we need a central planning authority to price fix the cost of money so it is artificially low, because we need to help those "pro growth" policies work.

    In another words, when one political party is in office, deficits are bad and rising debt is bad. And central banks monetizing all of that debt are REALLY bad. But when his guy is in office, huge deficits and rising debt are no big deal. ... that is "pro growth." And you need someone like Stephen Moore strategically placed, controlling the debt markets, in order to monetize all of the good "pro growth" debt.

    For me, the fact that he's that dishonest and tries to do it with a straight face is what makes him a disgrace.
     
    Last edited: May 3, 2019
    The Big Ragu, May 3, 2019
    #135613
  2. Slacker

    Slacker Well-Known Member

    "Laws? What are laws?"

    Kellyanne Conway broke the law attacking Joe Biden in the White House driveway and should be fired: Bush ethics chief

    A chief ethics lawyer under President George W. Bush accused Counselor to the President Kellyanne Conway of breaking federal law yet again for bashing former Vice President and 2020 Democratic presidential candidate Joe Biden on the White House driveway the past two days.

    Conway, while speaking to reporters on Tuesday and Wednesday, talked down Biden. Former ethics chief Richard Painter flagged these actions as violations of the Hatch Act, which prohibits government employees other than elected officials from using their official positions to influence the result of an election.

    Oh we must be worried about Biden,” Conway said on Wednesday. “Look at what Kellyanne said today, so thanks for the free commercial on all the things Joe Biden didn’t get done for the eight years he was vice president.”

    Painter told Newsweek on Thursday that Conway is “obviously attacking Joe Biden,” and, “this is a slam dunk Hatch Act violation.”

    “She did it before, she got away with it when she trashed Doug Jones, and goes to the exact same spot trashing Joe Biden,” Painter said, referring to late 2017 when Conway slammed then-Senate candidate Democrat Doug Jones in front of the White House.
     
    Slacker, May 3, 2019
    #135614
  3. garrow

    garrow Well-Known Member

    garrow, May 3, 2019
    #135615
  4. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member

    DanielSimpsonDay, May 3, 2019
    #135616
    Fred siegle, Donny in his element, Baron Scicluna and 2 others like this.
  5. Alma

    Alma Well-Known Member

    I don’t doubt any of this. It’s just incredibly sad.
     
    Alma, May 3, 2019
    #135617
  6. garrow

    garrow Well-Known Member

     
    garrow, May 3, 2019
    #135618
  7. Alma

    Alma Well-Known Member

    Alma, May 3, 2019
    #135619
  8. Regan MacNeil

    Regan MacNeil Well-Known Member

    What makes you think they have copy editors anymore?
     
    Regan MacNeil, May 3, 2019
    #135620
  9. Slacker

    Slacker Well-Known Member

    That irked me, too.
     
    Slacker, May 3, 2019
    #135621
  10. DanielSimpsonDay

    DanielSimpsonDay Well-Known Member



    /free marketz rule
    //muh marketplace of ideaz
    ///market speaks
    ///muh deplatforming
     
    DanielSimpsonDay, May 3, 2019
    #135622
    Baron Scicluna likes this.
  11. John B. Foster

    John B. Foster Well-Known Member



    What say you?
     
    John B. Foster, May 3, 2019
    #135623
  12. Regan MacNeil

    Regan MacNeil Well-Known Member

    Warren, Harris, Massive Chasm, Biden, Getting Hit By A Bus, Bernie.

    Mayor Pete for VP.
     
    Regan MacNeil, May 3, 2019
    #135624
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