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President Biden: The NEW one and only politics thread

Discussion in 'Sports and News' started by Moderator1, Jan 20, 2021.

  1. garrow

    garrow Well-Known Member

    Welcome to the January 6th Planning Committee

    [​IMG]
     
    heyabbott likes this.
  2. DanOregon

    DanOregon Well-Known Member

    When's the last time you heard Republicans argue amongst themselves about how big their tax cuts should be like the Dems continually slashing their own bill before the GOP even gets a sniff of it? Reminds me a lot of what they did with ObamaCare.
     
    cyclingwriter2 and bigpern23 like this.
  3. Fred siegle

    Fred siegle Well-Known Member

    The democrats seem like they just don’t have the guts (I was going to say balls, but thinking about it that phrasing is kind of sexist since it implies women by design don’t have what it takes, ‘“balls’’, to do tough things) to take on these people right now. The insurrectionists aren’t going to stop unless we stop them. If we let it go now, they will go on to the next step. Each step is going to be worse and worse.
    It kind of parallels the way the north didn’t step up in the years leading up to the civil war, thinking appeasing the south states over slavery with compromises would end the problem.
    The fight is going to come. They should have it now before insurrectionists gain strength. These people aren't going to stop until we stop then. They don’t ever intend to let it go.
    I’d even go back to Obama not taking the fight to the republicans over garland (which handed the Supreme Court to republicans) and the democrats giving in on the florida election in 2000. We’ve let it go every time. And they are going to take advantage of every time we give an inch or two.
    This is going to have to be ugly at some point. I think we will win in the long run, but we’d be so much better off if we cut them off at the knees now. As others have noted, the Republicans know they can’t win if we leave it up to majority rule. They don’t want democracy. They want the power, and will continue taking steps to gain power they can’t get through our current system.
     
  4. garrow

    garrow Well-Known Member

    McAuliffe: Youngkin is like Trump.
    Youngkin: No, I'm not. Now, let's ban this Pulitzer Prize-winning novel by a Black female author from our schools.
     
    OscarMadison and Smallpotatoes like this.
  5. TigerVols

    TigerVols Well-Known Member

    Well put. In my mind, the destruction of America’s civic institutions began when Gore didn’t fight, and started steamrolling when Obama didn’t fight for Garland.
    The Democrats are complicit in the coming QOP take over of our country.
     
    OscarMadison and Fred siegle like this.
  6. Neutral Corner

    Neutral Corner Well-Known Member



     
    Last edited: Oct 27, 2021
  7. swingline

    swingline Well-Known Member

    I’m glad Kander is doing better these days. I hope he gets back into politics because Missouri and the nation could use more like him.
     
    garrow and lakefront like this.
  8. TigerVols

    TigerVols Well-Known Member

    I'm willing to move back to CoMo just so I can vote for a dude who uses "bonkersly" in a tweet.
     
    OscarMadison and garrow like this.
  9. The Big Ragu

    The Big Ragu Moderator Staff Member

    The "system" that Musk has benefited from was created by people like Janet Yellen, who now turns around and criticizes someone reaping what she sowed.

    Musk has virtually no income. If the IRS was going to get money out of him, it would be via taxing capital gains. But he has never had to sell any of his stock to generate money to live on, which is what would trigger a taxable event. Instead. ... he can borrow against the value of the stock and live luxuriously off the borrowed money.

    The reason Tesla is valued so high, though, has been a speculative bubble brought on by what Janet Yellen (and Ben Bernanke and now Jay Powell) did as chairman of the Federal Reserve. They insisted on creating a phony prosperity by using more and more elaborate schemes to price fix our debt markets to steal growth from the future in the form of exponentially more and more debt. ... and their actions really only benefited people like Elon Musk. Their price fixing of the debt markets punished savers, forcing anyone who normally would have relied on safe yield (such as a pension fund or a retiree) into riskier and riskier behavior to get the yield that was being stolen from them. That led to runaway speculative behavior, which has made the value of Tesla stock (as well as lots of other things) completely divorced from anything fundamental about Tesla as a business. All that matters is how much bond buying the Fed is doing to keep the debt flowing, and how much it is expanding its balance sheet, and it has just kept growing its balance sheet blowing the bubble they created bigger and bigger to try to hold off a debt crisis. And as a result, on paper Elon Musk is fabulously wealthy beyond what he would be if Janet Yellen hadn't manipulated our credit markets to benefit him, while screwing 80 percent of people.

    At the same time, those suppressed interest rates have distorted our lending markets -- so that anyone with assets can borrow unlimited amounts of money at virtually no interest in nominal terms, and in real terms. ... they are being paid to borrow. For a lot of wealthy people, that has meant leveraging themselves up and speculating with their borrowed money, thus driving up things like Tesla stock even higher, and making those people even wealthier on paper. ... For Elon Musk? It has enabled him to borrow between half a billion and a billion dollars on the bubbled up value of his Tesla stock and live a fabulously wealthy lifetsyle without ever having to sell any of his stock. None of it is a taxable event, and even more ridiculous, he is effectively paid to borrow the money rather than having to pay interest.

    If people don't like that system, I am totally in agreement with him. Thank Janet Yellen, who was the arsonist who made it possible. ... and now goes on CNN over the weekend touting a wealth tax without acknowledging that she was the arsonist and now wants to be the firefighter.
     
    OscarMadison likes this.
  10. BTExpress

    BTExpress Well-Known Member

    Had Gore prevailed in his fight, "Stop the Steal" insurrections would have started 20 years ago.
     
    OscarMadison and Smallpotatoes like this.
  11. Brooklyn Bridge

    Brooklyn Bridge Well-Known Member

  12. Smallpotatoes

    Smallpotatoes Well-Known Member

    What more could Obama have done with Garland??
     
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