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Everything posted by placeholder
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Happy Easter - News? Movies? Not very evident..
placeholder replied to ronnie50's topic in Political Soapbox
Here is a shocking and almost unprecedented Easter event that was reported by the media: Princess Beatrice and Her Husband Edo Arrive Holding Hands for Easter Sunday Services in Windsor Princess Beatrice and her husband Edoardo Mapelli Mozzi joined the British royal family for Easter Sunday services at St George’s Chapel in Windsor Castle. The princess chose a dark green belted coat dress with matching Mary Jane-style heels, topped off with a sparkling gold headband for the occasion. https://www.yahoo.com/news/princess-beatrice-her-husband-edo-103736222.html -
Dollar seen as risky currency status alert
placeholder replied to 3NUMBAS's topic in Political Soapbox
Tax Cuts Are Primarily Responsible for the Increasing Debt Ratio Without the Bush and Trump tax cuts, debt as a percentage of the economy would be declining permanently https://www.americanprogress.org/article/tax-cuts-are-primarily-responsible-for-the-increasing-debt-ratio/ -
Dollar seen as risky currency status alert
placeholder replied to 3NUMBAS's topic in Political Soapbox
Need I point out to you that George Bush inherited budgets that were in surplus and he demolished that surplus with his huge tax cuts favoring the rich? Does it also have to be pointed out to you that Bush gutted regulation of the financial sector. That the Great Recession which began during the Bush adminstration, was the fault of that financial sector? That Barack Obama inherited the worst financial crisis since the Great Depression? That Donald Trump actually increased deficits thanks to his tax cuts? And that deficits and the debt leaped during his first tenure in office? That now, not only does he want more tax cuts on top of those he already created, but he's also slashing the enforcement section of the IRS which will lead to big drops in revenue? A double whammy. -
Dollar seen as risky currency status alert
placeholder replied to 3NUMBAS's topic in Political Soapbox
So your claim is that even though inflation wasn't rampant before covid, somehow the fed printing money was responsible for it afterwards? https://www.macrotrends.net/2497/historical-inflation-rate-by-year -
Dollar seen as risky currency status alert
placeholder replied to 3NUMBAS's topic in Political Soapbox
False Ellen Seidman, formerly the director of the Office of Thrift Supervision, points out that the surge in subprime lending occurred long after the enactment of the CRA, and that in 1999 CRA Lending During the Subprime Meltdown Elizabeth Laderman and Carolina Reid* Federal Reserve Bank of San Francisco regulators specifically issued guidance to banks impos- ing restraints on the riskiest forms of subprime lending.4 In addition, researchers at the Federal Reserve Board of Governors have reported that the majority of subprime loans were made by independent mortgage lending companies, which are not covered by the CRA and receive less regulatory scrutiny overall.5 In addition to be- ing excluded from CRA obligations, independent mort- gage companies are not regularly evaluated for “safety and soundness” (a key component of the regulatory oversight of banks) nor for their compliance with con- sumer protections such as the Truth in Lending Act and the Equal Credit Opportunity Act.6 https://www.frbsf.org/wp-content/uploads/cra_lending_during_subprime_meltdown11.pdf -
Dollar seen as risky currency status alert
placeholder replied to 3NUMBAS's topic in Political Soapbox
Completely castrated, huh? You sure about that? China leads the world in manufacturing output, followed by the United States and Japan. These three countries account for a significant portion of global manufacturing output, with China leading the way. Germany and India also rank among the top manufacturing nations globally AI Overview Here's a more detailed ranking of the top manufacturing countries China: 31.6% of global manufacturing output. United States: 15.9% of global manufacturing output. Japan: 6.5% of global manufacturing output. Germany: 4.8% of global manufacturing output. India: 2.9% of global manufacturing output. South Korea: 2.7% of global manufacturing output. Russia: 1.8% of global manufacturing output. Italy: 1.8% of global manufacturing output. Mexico: 1.7% of global manufacturing output. France: 1.6% of global manufacturing output. -
Defense Secretary Pete Hegseth shared detailed information about forthcoming strikes in Yemen on March 15 in a private Signal group chat that included his wife, brother and personal lawyer, according to four people with knowledge of the chat. Some of those people said that the information Mr. Hegseth shared on the Signal chat included the flight schedules for the F/A-18 Hornets targeting the Houthis in Yemen — essentially the same attack plans that he shared on a separate Signal chat the same day that mistakenly included the editor of The Atlantic. Mr. Hegseth’s wife, Jennifer, a former Fox News producer, is not a Defense Department employee, but she has traveled with him overseas and drawn criticism for accompanying her husband to sensitive meetings with foreign leaders. https://www.nytimes.com/2025/04/20/us/politics/hegseth-yemen-attack-second-signal-chat.html So, Mike Waltz created a chat group and accidentally shares classified info with someone not cleared for and Hegseth created a chat group and shares info with uncleared people on purpose. From his own private phone.
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As the Trump administration escalates its campaign against international students and Palestinian activists, Jewish New Yorkers are increasingly refuting the idea that the president’s efforts are actually about fighting antisemitism. After Columbia student Mohsen Mahdawi was arrested at his U.S. citizenship test in Vermont, a group of his Israeli classmates penned a letter against his detainment, which they called immoral. A day later, a wide-ranging coalition of Jewish organizations issued a statement rejecting what they call a “false choice” between Jewish safety and protecting democratic principles. https://archive.ph/Iz55X
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The overall population dropped by 550,000 from the previous year to 123.8 million in 2024, extending the streak of declines to 14 years, according to data as of October 2024 released Monday by the Ministry of Internal Affairs and Communications. The number of Japanese nationals alone declined by 898,000, the steepest fall since comparable records began in 1950... The number of people aged 15 to 64 — the core of the labor force — fell by 224,000 to 73.7 million, intensifying the fiscal strain on a nation already carrying the highest debt-to-GDP ratio among developed economies. https://archive.ph/dJWMn#selection-1755.181-1759.27 In other words, it was thanks to immigration that the population didn't fall further. For a population in developed nations to remain stable, ,the fertility rate needs to be 2.1. In the United States the fertility rate was 1.62 in 2023, the last year that rates are available for. https://crr.bc.edu/the-u-s-fertility-rates-is-falling-is-there-anything-we-can-do/ Without lots of immigration who is going to fill all those promised new manufacturing jobs?
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Behind the fatal Trump flaw MAGA can't even defend
placeholder replied to simple1's topic in Political Soapbox
More mind reading. You've got nothing.- 102 replies
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Behind the fatal Trump flaw MAGA can't even defend
placeholder replied to simple1's topic in Political Soapbox
You really think that an explicit comment on this piece of news is necessary? How obvious does something have to be for you before you accept that no editorializing is called for?- 102 replies
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Dollar seen as risky currency status alert
placeholder replied to 3NUMBAS's topic in Political Soapbox
Well, the USA runs a big surplus in services. -
What is biased? That Musk made repeated false claims?
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"On April 9, financial markets were going haywire. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick wanted President Trump to put a pause on his aggressive global tariff plan. But there was a big obstacle: Peter Navarro, Trump’s tariff-loving trade adviser, who was constantly hovering around the Oval Office." https://archive.ph/NCKRc The article goes on to detail how they managed to get to Trump when Navarro was elsewhere in the building and persuade him to put the "reciprocal" tariffs on hold for 90 days. So much for the belief that this was all planned. Further evidence of that is the fact that Bessent subsequently denied the 90 days moraturium was due to the situation with bonds only to have Trump say shortly afterwards that the bond market was the reason. This isn't even at the level of 2 dimensional tic-tac-toe. And by the way, this article comes from a Marxist-Leninist news source: Rupert Murdoch's Wall Street Journal.
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I don't see how your comment is relevant to the current situation. The guy who is really in charge of DOGE is an ignoramus who has made massively false claims. Why does the dust need to settle?
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But we've already seen proof that Musk is an ignoramus when it comes to the workings of government.
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Because Elon Musk cares? Given that they started the massive cuts right away, and that Elon Musk has consistently made claims that turned out to be false, we don't need the dust to settle before we know. We know already that these cuts were executed in ignorance. Remember that Musk started out by claiming he could cuit 2 trillion dollars from the budget. Then it fell to 1 trillion. His last claim had declined to 150 billion. And that claim is turning out to be false. He also claimed millions of dead people were receiving social security payments. That turned out to be false. What more proof is needed of the ignorance behind DOGE?.
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As for social security...he's slashing staff and making it harder to seek redress. Which should come back to bite him.
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"Among the most cited offenses: Trump has revoked federal contracts and security clearances from law firms that engaged in politically motivated harassment suits against him. These same groups tried to block him from the ballot in the last election. They even pursued legal maneuvers aimed at incarcerating him before voters had a chance to cast their ballots. Now, those who sought to deny voters a choice are outraged that Trump is pushing back. Several firms have reached multi-million dollar settlements and offered pro-bono services to the Trump administration, hoping to avoid further scrutiny." So dishonest apart from the dubious characterizations of the prosecutions against Trump. Trump is going after law firms for offering counsel to people he is angry at. The right to counsel is guaranteed by a document the author of this piece is clearly unfamiliar with. It's called the Constitution of the United States. And to punish law firms for providing counsel is to vitiate the right. In addition he is also going after other firms simply because they have hired people he doesn't like. Like Christopher Krebs who testified that there was virtually no voter fraud during the 2020 election. Trump has instigated a criminal investigation against him. A fishing expedition.
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Is "Cutting out false payments and firing unnecessary workers what the Trump administration has been doing? Virtually no evidence of fraud has been released. And are those workers unnecessary? Bill Clinton also made big cuts in Federal Govt staff levels. But he first organized an investigation to see where and how cuts should be made. He didn't set loose an ignoramus on day one who has posed with a chainsaw.