American Politics

[GDreams]

"I always thought the red wave was going to fade after the Supreme Court overturned Roe v. Wade." Sure you did. That's why you made multiple posts criticizing Republicans for pushing extreme anti-abortion legislation in most Repub-run states. Oh, wait! I went back to the SCOTUS are v W time frame and counted all of your posts skewering Republicans. You know how many of them there were? None. Zip. Null. Nada..

Stupid Repubs will continue down this anti-abortion path. Who knows if they'll be dumb enough to try to overturn voting rights and LBGTQ rights but given that the sum total of the IQ of all of the MAGAts in Congress is less than 100, I wouldn't put it past them. They will continue to trot out morons like Walker and DeSantis and MTG and BoBo and Gym Jordan and the rest of the dumber-than-dogshit election deniers. Repub Congresspeople are so stupid that they'll try to impeach every Democrat in Government over the next two years. That's because they don't have anything else and they don't know anything else and they're simply too fucking stupid to get out of their own way..

They need a like button on this forum.

[EihTooms]

Classic whataboutism and completely irrelevant. Both parties approved ridiculous and unnecessary money printing during Covid. If you are a dumb Dem, you do not see the effect of $11 trillion printed out of thin air and inflation. If you are a dumb Dem, you do not see the inflation because inflation is a word Republicans made up. If you print up $11 trillion, somehow if you are a dumb Dem, you think corporate profits are not going to go up. If you are a dumb Dem, you think corporate profits should go down as the stock market goes up because you all have no fucking clue what causes the market to rise.

The economy is down because the Fed is raising rates to combat government induced inflation. But if you are a Dem, raising rates is Trump's fault and the fault of Republicans, and anyone who thinks otherwise is watching Fox News. LOL.

You guys cannot even define gridlock. Dems control both the Senate and House and Biden cannot get all that it wants and no president in history had more gridlock than Biden? Since when it is that gridlock? All you guys do is make stuff up. Even words do not have objective definitions.

And when I say I want gridlock, I want it with spending money. The entire Biden agenda has been throwing money at people: Ukraine, people with student debt, Build Back Better. Biden is tone deaf when it comes to saving money or making government more efficient.

The first sentence in my previous post re Gridlock:

No president in modern history faced more potential Gridlock in his first two years in office than Sleepy Joe Brandon.

Name the previous presidents who had fewer seats from their Party in the Senate and the House in their first two years in office AND with the opposition Party openly admitting their number one priority is to thwart and obstruct almost if not everything he tries to do along with their subsequent behavior proving it.

Coolidge? Nope.

Hoover? Nope.

FDR? Nope.

Truman? Nope.

Eisenhower? Nope.

JFK? Nope.

Reagan? Nope.

LBJ? Nope.

Bush 1? Nope.

Clinton? Nope.

Bush 2? Nope.

Obama? Nope.

Trump? Nope.

Now, you ever hear of a RINO or a DINO?

How about an opposition Party whose leader and then so-called potus led a violent, cop-killing Insurrection on the premise that the incoming POTUS was not even elected and whose slavishly devoted members in his Party spent every waking hour of his first two years repeating that lie to cheers from their voting constituents?

Any of the above listed Presidents have to go up against that in their first two years in office?

Do tell us which of them spent their first two years trying to get things done in the face of ALL of those factors, not just some of them, all of them, aside from Joe Biden.

I'm sure you and Tiny can put your minds together and come up with the names of which ones and include it in the same post with that citation of a meaningful and now revered legislation proposed, fought for and passed when Repubs held the White House, the Majority in the Senate and the Majority in the House.

You make a mockery of the concept of Gridlock by suggesting any POTUS in modern times came into office and was faced with less potential of it in his first two years than Biden.

[PVMonger]

Classic whataboutism and completely irrelevant. Both parties approved ridiculous and unnecessary money printing during Covid. If you are a dumb Dem, you do not see the effect of $11 trillion printed out of thin air and inflation. If you are a dumb Dem, you do not see the inflation because inflation is a word Republicans made up. If you print up $11 trillion, somehow if you are a dumb Dem, you think corporate profits are not going to go up. If you are a dumb Dem, you think corporate profits should go down as the stock market goes up because you all have no fucking clue what causes the market to rise.

The economy is down because the Fed is raising rates to combat government induced inflation. But if you are a Dem, raising rates is Trump's fault and the fault of Republicans, and anyone who thinks otherwise is watching Fox News. LOL.

You guys cannot even define gridlock. Dems control both the Senate and House and Biden cannot get all that it wants and no president in history had more gridlock than Biden? Since when it is that gridlock? All you guys do is make stuff up. Even words do not have objective definitions.

And when I say I want gridlock, I want it with spending money. The entire Biden agenda has been throwing money at people: Ukraine, people with student debt, Build Back Better. Biden is tone deaf when it comes to saving money or making government more efficient.

I always thought the red wave was going to fade after the Supreme Court overturned Roe v. Wade. Polls said it was way down on the list of voter concerns but with every woman I know, that is the most important issue with them. Fox News has said that the abortion issue is back in the hands of state legislators but it really has not been. They are too gutless to take this on. Prohibition was not ended by legislators but by citizens and the abortion issue is and should be settled by citizens voting.

You guys have no clue what the Fed is doing. They are raising interest rates to destroy demand and hoping not to cause a recession, a so called soft landing, which has never been done before. As I said, the bond market is predicting recession, and the last time we had inverted yield curves this bad was prior to the great recession of 2008.

Still as bad as the economy will be the Republicans need to change their tune on abortion. We can say we are anti-abortion and will not vote for abortion but if abortion is put on the ballot and it is the will of the voters to allow abortion, we will respect their wishes.

The current Democratic economic position, basically finger pointing with anything bad in the economy, is the worst I have ever seen, but if the Republicans do not address the abortion issue and get some better candidates, this absolute give me will be lost again.

"I always thought the red wave was going to fade after the Supreme Court overturned Roe v. Wade." Sure you did. That's why you made multiple posts criticizing Republicans for pushing extreme anti-abortion legislation in most Repub-run states. Oh, wait! I went back to the SCOTUS are v W time frame and counted all of your posts skewering Republicans. You know how many of them there were? None. Zip. Null. Nada..

Stupid Repubs will continue down this anti-abortion path. Who knows if they'll be dumb enough to try to overturn voting rights and LBGTQ rights but given that the sum total of the IQ of all of the MAGAts in Congress is less than 100, I wouldn't put it past them. They will continue to trot out morons like Walker and DeSantis and MTG and BoBo and Gym Jordan and the rest of the dumber-than-dogshit election deniers. Repub Congresspeople are so stupid that they'll try to impeach every Democrat in Government over the next two years. That's because they don't have anything else and they don't know anything else and they're simply too fucking stupid to get out of their own way.

If you are a dumb Repub, you will see nothing wrong with this approach. Then, when you get trounced in 2024, you'll go looking for somebody to blame. Maybe the Jews. Or maybe Gen Z. Unfortunately, Repubs are too fucking stupid to simply look in the mirror.

[Tiny 12]

Sorry, that didn't make sense. I left out "of GDP. " The following should have read, "corporate profits increased by 938 billion, or 4% of GDP..."

That said, corporate profits increased by 938 billion, or 4%, during the 18 month period that started in 2Q 2020 and ended in the 4Q 2021.

[Tiny 12]

Both parties approved ridiculous and unnecessary money printing during Covid.

Absolutely. This is Tiny's hierarchy of blame for the matter at hand, who's the most responsible.

1. Democrats in the House of Representatives. Spending bills originate in the House.

2. Joe Biden.

3. Donald Trump.

4. Senate Democrats.

5. Republican representatives who will do anything Trump tells them to.

6. Senate Republicans.

I'll note the Republicans unanimously voted against the $1. 9 trillion American Rescue Plan, which fired up inflation in the USA before the rest of the world. And McConnell and Senate Republicans by December of 2020 had enough, and moderated the demands of Trump and Pelosi to keep spending like drunken sailor.

You guys cannot even define gridlock. Dems control both the Senate and House and Biden cannot get all that it wants and no president in history had more gridlock than Biden? Since when it is that gridlock? All you guys do is make stuff up. Even words do not have objective definitions.

Good point. Tooms' claim that potential for gridlock was at an all time high during the Biden administration is strange considering he NEVER criticizes the Democratic Party. Democrats controlled the House, the Senate and the Presidency. So who else could you blame, besides Democrats, if they had failed to pass some of the beloved suck ass legislation that Tooms so admires?

And when I say I want gridlock, I want it with spending money. The entire Biden agenda has been throwing money at people: Ukraine, people with student debt, Build Back Better. Biden is tone deaf when it comes to saving money or making government more efficient.

It's crazy. You give the Republicans the presidency and Congress and they do the same shit, but not to this extent.

The current Democratic economic position, basically finger pointing with anything bad in the economy, is the worst I have ever seen, but if the Republicans do not address the abortion issue and get some better candidates, this absolute give me will be lost again.

Agreed. As to better candidates, the Republicans need to jettison Trump and stop picking candidates who kowtow to his election fraud bull shit. And yes, abortion is the other albatross across the neck of the party

[Tiny 12]

Corporate profits from the 2Q 2021 to the 2Q 2022 were up $219 billion, or 7.8%. That was less than the 9.1% YoY CPI inflation at June 30,2022. And the $219 billion only accounted for 0.94% (less than 1% for the mathematically challenged) of GDP. Corporate greed and excess profits thus did not account for a significant part of the inflation we've seen over the last year.

Katie Porter, clearly debunks your that myth and outlines exactly why it's corporate greed, that is the problem....

As I always point out to you and other BMs, that no one is saying you can't make a profit, but price gouging / price fixing, is on another level of greed and borderline predatory. Which BTW, is the same message Biden and Katie Porter are making.

Ms. Porter sounds like Jim Jordan, that is, a partisan who doesn't necessarily know jack. She's there to supply the sanctimony and the outrage. The brains in the video is Mike Konzcal, one of the directors of the leftist Roosevelt Institute. The New York Times said Konzcal has "a cult following among progressives."

I was careful to say that excess profits did not account for a significant part of inflation over the last year. That's irrefutable. The numbers speak for themselves. Again, CPI inflation was 9.1% YoY to 2Q 2022 and during the same period, corporate profits only increased by 0.94% of GDP.

The chart that Porter's displaying goes from 2 Q2020 to the 4 Q2021, even though data was available through 2Q 2022. Again, Porter or Konzcal cherry picked data, in part by starting the chart during the depths of the pandemic induced recession, when corporate profits were at their lowest. That said, corporate profits increased by 938 billion, or 4%, during the 18 month period that started in 2Q 2020 and ended in the 4Q2 021. Total inflation over the same period was about 8%. So yes, in the mind of the Progressive shill, the increase in corporate profits accounted for a large percentage of inflation, during that cherry-picked 18 month period..

What was actually happening? Well, take out the word "Trump's" and Tooms has half of the explanation here:

Trump's Pandemic Supply-Chain Destruction was certainly the trigger and main cause of the recent hyper-inflation around the world.

(Aside: Tooms is bright. He'd be a lot brighter if he didn't insist on viewing the world through blue colored lenses.)

Problems with logistics, lockdowns, and in general a fall off in supply happened at the same time $5 trillion+ in COVID stimulus, over 25% of GDP, was pumped into the system.

What's the other half of the explanation? You had a big increase in demand, because people had lots of free money, at the same time you had a shortage of goods. In other words, demand was greater than supply. Businesses sitting on lower cost inventory jacked up their prices. When something like this happens, businesses realize outsized profits until something changes. Most often it's an increase in competition and capacity, but perhaps in this case a rejiggering of the supply chain (additional supply) will bring prices and profit margins down. At some point many businesses will lose money. The weak get knocked out of business, capacity is shuttered. Then it starts all over again. It's called the business cycle.

The Progressive shills believe the proper reaction to the business cycle is to impose price controls or windfall profits taxes on corporations, even though those have been tried and they only fuck things up worse.

There are things the Biden administration and the Democrats, who control Congress, could do to counteract this. One example is quit threatening to shut down the oil and gas producers, so that they're afraid to invest in increasing production. Another is to end the Trump tariffs. And a third is to cut out the corporate welfare. I don't know exactly what's in the Infrastructure legislation, the semiconductor bill, and the green legislation (that is, the inflation reduction act). But undoubtedly lots of pork that benefits businesses. The tariffs and the corporate welfare are crony capitalism, which will drive up corporate profits at the expense of the consumer. And don't let your prejudices get the best of you. The Democrats are just as bad or worse than the Republicans at this. Why do you think it's the Democrats now who hang out at country clubs, while the hard working men and women on the factory floors are Republicans?

And Spidy, I do not view you as a progressive shill. I'm referring to Porter and Konzcal. You are a respected board member.

[Elvis 2008]

Dude, just as soon as you stop watching FOXY News, which only serves to "dumb-down" America. Not too mention the number of lunatics, that have gone on to kill their family members and fellow Americans after watching and being radicalized by FOXY News. So Elvis, it not too late.

Classic whataboutism and completely irrelevant. Both parties approved ridiculous and unnecessary money printing during Covid. If you are a dumb Dem, you do not see the effect of $11 trillion printed out of thin air and inflation. If you are a dumb Dem, you do not see the inflation because inflation is a word Republicans made up. If you print up $11 trillion, somehow if you are a dumb Dem, you think corporate profits are not going to go up. If you are a dumb Dem, you think corporate profits should go down as the stock market goes up because you all have no fucking clue what causes the market to rise.

The economy is down because the Fed is raising rates to combat government induced inflation. But if you are a Dem, raising rates is Trump's fault and the fault of Republicans, and anyone who thinks otherwise is watching Fox News. LOL.

You guys cannot even define gridlock. Dems control both the Senate and House and Biden cannot get all that it wants and no president in history had more gridlock than Biden? Since when it is that gridlock? All you guys do is make stuff up. Even words do not have objective definitions.

And when I say I want gridlock, I want it with spending money. The entire Biden agenda has been throwing money at people: Ukraine, people with student debt, Build Back Better. Biden is tone deaf when it comes to saving money or making government more efficient.

I always thought the red wave was going to fade after the Supreme Court overturned Roe v. Wade. Polls said it was way down on the list of voter concerns but with every woman I know, that is the most important issue with them. Fox News has said that the abortion issue is back in the hands of state legislators but it really has not been. They are too gutless to take this on. Prohibition was not ended by legislators but by citizens and the abortion issue is and should be settled by citizens voting.

You guys have no clue what the Fed is doing. They are raising interest rates to destroy demand and hoping not to cause a recession, a so called soft landing, which has never been done before. As I said, the bond market is predicting recession, and the last time we had inverted yield curves this bad was prior to the great recession of 2008.

Still as bad as the economy will be the Republicans need to change their tune on abortion. We can say we are anti-abortion and will not vote for abortion but if abortion is put on the ballot and it is the will of the voters to allow abortion, we will respect their wishes.

The current Democratic economic position, basically finger pointing with anything bad in the economy, is the worst I have ever seen, but if the Republicans do not address the abortion issue and get some better candidates, this absolute give me will be lost again.

[Spidy]

I responded to some bozo on FB who asked (and I am paraphrasing) "How could it have gone so badly for Repubs?

My answer was, in effect, "Because you kept breathing your own exhaust". The Repubs wanted a "red wave". All of their pollsters predicted a "red wave". They were too stupid to know the difference between calm, measured leadership (Biden) and chaos (Donnie the Dumbass and the rest of the Republican party).

The chorus of right-wing FOXY News pundits and others with their "Red Wave / Tsunami" rhetoric and brainwashing, was another attempt to begile Americans into thinking "the polls" are these "beacons precise accuracy".

The Repubs found out, thankfully, that the majority of Americans don't want to turn the clock back to the 1850's. The Repubs found out that the majority of Americans do not believe that anything further left than shooting people of color for sport is "socialist".

Good to see Americans standing up for democracy at the ballot-box, and exercise their right to "vote-out-the-bums", be it Dems or Repubs.

[Spidy]

I am happy with the results. Gridlock has been achieved. Hunter Biden is finally going to be investigated.

It's not surprising you love gridlock, after all, it's what Repubs do best. (....kkkk). I mean, "gridlock" is right out of the "right-wing playbook". Let's just waste taxpayers money while in office and do nothing meaningful, except blame the Dems, repeal meaningful law/bills put in place by Dems, taking America backwards to the 1800's , and lower taxes for the corporate welfare and the rich cronies. Sound about right.

Which is all a ruse or an attempt to make it look like a meaningful administrative tenure. So again, not surprising you love gridlock.

... The nation of Brazil takes in hundreds of millions of votes and results are spit out in 3 hours, yet Arizona takes weeks for a fraction of that many. Gee, I wonder why. ...

No need to wonder, why....listen up and I'll tell ya. The same stupid Repub right-wing playbook at work in Arizona, wanting to count the ballots by hand, after the dumb-ass recommendations by the Repub/Trump approved "Pillow Guy (Mike Lindel) "Cyber Ninjas "forensic audit", was a tell-tail sign the Republican-controlled Arizona state Senate had gone "cockoo for cocoa-puffs".

The Brazilians, on the other hand, weren't buying into the right-wing playbook of, "...it's election fraud, if we don't win, horse-pucky. Thereby categorically, refuting any such claims Pres. Bozo (Bolsonaro), had cooked up, from the "Trump playbook", about hacked/compromised election machines.

[Spidy]

The censorship troll blocked my last post. Thanks for listing your source of that bird brained notion that corporate profits are going up. When Dems want to say 200 is greater than 250 or Republicans made up the word inflation, 2024 is more of a Republcan lock..

That must look something like that so called the Repubs 2022 Mid-term "Red Wave" (....kkkk!)

No, no, wait, ....I stand corrected, "Red Tsunami" (...kkkk)

OMG. Spidy. Turn off the MSNBC and move to to CNBC. Learn something. Half of what they talk about is what the Fed is doing and why. Then let me know when the subject of the Fed screwing Biden over comes up because it has not come up. Not once.

Dude, just as soon as you stop watching FOXY News, which only serves to "dumb-down" America. Not too mention the number of lunatics, that have gone on to kill their family members and fellow Americans after watching and being radicalized by FOXY News. So Elvis, it not too late.

[Spidy]

... Corporate profits from the 2Q 2021 to the 2Q 2022 were up $219 billion, or 7.8%. That was less than the 9.1% YoY CPI inflation at June 30,2022. And the $219 billion only accounted for 0.94% (less than 1% for the mathematically challenged) of GDP. Corporate greed and excess profits thus did not account for a significant part of the inflation we've seen over the last year.

Katie Porter, clearly debunks your that myth and outlines exactly why it's corporate greed, that is the problem.

YoY CPI inflation increased from 1. 7% in February, 2021, before the the government started sending out stimulus checks as required by the Democrats' $1.9 trillion American Rescue Plan (ARP), to 5.4% in June, 2021. Now what do you think the reaction of the Democratic Party politicians would have been if the Fed had aggressively used monetary policy to counteract the excessive fiscal stimulus from the ARP? Maybe by raising interest rates in lockstep with inflation, to 5. 5%? There would be hell to pay. None of the governors would have been reappointed when their terms were up, if a Democrat were in the White House.

As far as I understand it, the stimulus package help to bolster the economy, where most of the stimulus was expeditiously spent in earnest to keep the money-flowing in the economy and did not contribute significantly to inflation. Where as greedy corporations rising prices, above and beyond reasonable price increases, does put a drain on the economy and has significantly more to with increases in inflation.

BTW, Repubs were only to happy to spend millions in media exposure, billboard ads, TV / radio ads, and shamelessly take credit for the $1.9 trillion American Rescue Plan, they ALL voted against.

FWIW, polling shows a majority of Republican voters have said they somewhat or completely support it.

As to Katie Porter, please note that she's highlighting an increase in corporate profits, from the 2Q 2020, the depths of the pandemic induced recession. Yes, of course corporate profits went up a lot. As a result, the stock market went up a lot too. Democratic politicians, you and some other board members are only too happy to give Biden and the Democrats 100% of the credit for higher stock prices, increased employment, and a higher GDP, that resulted from the rebound from the recession.

Biden's following in Porter's footsteps, by blaming the evil oil companies for the run up in gasoline prices, and putting an albatross around their neck so they'd pump less oil and gas, and then taking credit for the decline in gasoline prices, which had nothing to do with his policies.

As I always point out to you and other BMs, that no one is saying you can't make a profit, but price gouging / price fixing, is on another level of greed and borderline predatory. Which BTW, is the same message Biden and Katie Porter are making.

[EihTooms]

And you just said your head is in the sand with regards to your investment, and I agree with that. You would have to have your head in the sand to ignore all the corporate projections that directly contradict your rosy belief. So yeah, you ignore corporate earnings calls and the bond market.

No, I didn't say my head is in the sand with regards to my investments. I said I haven't bothered to check the performance of my stock market portfolio in months to explain why I would not be turning Cartwheels (your assumption) over the gains in the S&P 500 Index lately. That would be because I don't need that money, am not worried about it, have no reason to check it monthly, weekly, daily or hourly the way some other poor souls do.

What would that have to do with "knowing" what is in my portfolio anyway? Do you think if we don't check our portfolios for a while some gremlins will get in there and change our stock market choices without us knowing about it? LOL.

[EihTooms]

Tiny12 -

Elvis2008 -
I am happy with the results. Gridlock has been achieved.

Me too, assuming Republicans control the House.

Elvis2008 -
2022 showed Republicans how to win in 2024, and that way is not with Trump. The path to victory in 2024 was muddied but today it could not be more clear.

Agreed.

No president in modern history faced more potential Gridlock in his first two years in office than Sleepy Joe Brandon.

Sure, Moscow Mitch got a vow from his Senate Repubs and the ones in the House to obstruct, slow walk or thwart every effort by incoming Barack Obama and his Dems to pull us out of another horrific Great Repub Crash and Recession and accomplish a Great Dem Recovery and more. Which Obama overcame in historic fashion. But in case you hadn't noticed neither Moscow Mitch nor his counterparts in the House have rescinded and abandoned that near unanimous unified Repub mission. With the added feature of Biden being handed an actual, bloody, violent, cop-killing insurrection against the whole damn country, not just the Dems, led by the still current leader of the Repub Party!

Biden had a mere 5 Dem seat advantage in the House. The rest were America-hating, Dem-hating QAnon Repub loons. He had 47 Dems and 1 Independent on his side in the Senate. The rest were Sinema, Manchin and 50 America-hating, Dem-hating QAnon Repub loons.

Yet he still managed to accomplish more positive legislation, many bipartisan, and positive results for America in these first two years than ANY POTUS of the past 80 years minimum including this current historic first midterm election result.

Biden is a razor sharp, calm, reasoned and seasoned professional who knows WTF he is doing and how to do it. Not a deeply in debt, failed former reality game show host.

So if it turns out to be House Speaker McCarthy, House Speaker Gohmert, House Speaker Marjorie Taylor Greene or whatever other Do Nothing, Know Nothing, QAnon Repub Loon they decide should be the face and voice of a Repub House Majority, it is doubtful they will get any more done than Gingrich did when he took that job. Which was virtually NOTHING other than trying (but failing) to prevent Clinton from enacting the Welfare Reform Plan he ran on in 1992 and trying (but failing) to destroy the USA economy that was already recovering from the previous Repub Recession months and months before Gingrich took over in January 1995.

Instead, the only thing Gingrich accomplished before getting his ass handed to him on the way out so the screen door wouldn't smack it, was sniff around Clinton's dick and balls to find out where they've been. So I guess that is where Hunter Biden's dick and balls will come in handy for a potential new Repub House Majority. They do love younger and juicer dicks and balls to sniff around for years and might not be so interested in Biden's. But you never know with those wide-stance, foot tapping in the Mens Room stalls Repubs.

And I hate to break it to you, but Trump didn't invent the current Repub Party. The classic Repub Party of the past 100 years or more invented Trump. Eisenhower, Nixon, Ford, Reagan and both Bushes ALL would have voted for and made the exact same disastrous decisions Trump did if they had been faced with them. MittWitt Romney and, yes, even Liz Cheney would vote for the exact same disastrous economic policies as Trump did and as Herschel Walker would!

The point of that being the half century Repub mission to overturn Roe v Wade and outlaw Sex For Pleasure was not a one-off. Oh no. We will see two years of House Speaker Louie Gohmert rapping his gavel, probably on his own empty noggin, trying to overturn Social Security, Medicare, Medicaid, Unemployment Insurance, The Affordable Care Act, The Chips Act, The Infrastructure Act, etc, etc, etc. Along the way they will try to "Covid Closure" the entire USA government if they don't get their way.

They don't need Trump for that.

And if you think Repubs behaving that way for the next two years will tee-up a wonderful advantage for Trump or Trump Without the Flash DeSantis to sweep the same states who rejected Repubs so historically this time around, good luck with that.

Yeah, I know Gingrich's Party candidate did squeak out a Repub Supreme Court award to become a so-called potus despite losing the American Electorate Vote by more than a half million in a subsequent Presidential Election. But we're not dealing with the greatest political scandal of the day being some guy getting a rather crappy blowjob from a consenting adult and trying to keep the lady's privacy intact by not blabbing about it in a public deposition for which that was an utterly immaterial and irrelevant issue anyway. Now we're talking about massive top to bottom traitorous, anti-American, anti-democracy criminality combined with a constant effort to repeal the 20th Century and what has been accomplished so far in the 21st Century.

Was that what you were planning to gloat about after your grandly announced absence for a long, long uh. For uh. For uh. Oh. Nevermind about that.

[EihTooms]

HA HA HA HA HA HA HA HA HA! You are killing me Tooms. Please tell me you are serious.

Inverted yield curves signal recession, and it is the market not the Fed doing that. When the 2 year treasury bill or bond pays more interest than the 10 year, that means the bond market is betting on a recession in the next 2 years. That you think you are smarter than the whole bond market is not a shocker to me at all.

What does set price are earnings and the ratio of earnings to the price. What you still do not get is the logic behind the rule of 21. That rules says that when interest rates are 8%, a fair PE is 13, and eight and thirteen added are 21. I do not agree with that. I think a fair PE for 8% interest rates is 10 not 13 but I digress.

I also do not agree with a PE of 17 for the S&P 500 in this market even though that is its historical average. Some are saying that is the right number with current interest rates as it equals close to 21. But even if you use that ratio, you have to get to $333 in earnings to get to $5000.

And you just said your head is in the sand with regards to your investment, and I agree with that. You would have to have your head in the sand to ignore all the corporate projections that directly contradict your rosy belief. So yeah, you ignore corporate earnings calls and the bond market..

What recession?

[EihTooms]

Nope, nope, nope and, well, probably nope but who knows and who cares.

Nope, Trump was an egoist gunning for personal popularity that he did many things that we approved of: lowering taxes, securing the border, questioning defense spending, bringing attention to and trying to curb the deep state. Let's call the Russiagate fiasco what it was: treason. And to all you Democratic douches crying about how 1-6 happened? I have one word for you, Russiagate. No Russiagate, no 1-6. Furthermore, he was wealthy enough to not fall for the siren song of lobbyists unlike so many other pols who will do anything for a buck.

It is not Trump's politics we are abandoning but his management style. Desantis is just as tough as Trump but not as abrasive. Desantis stood up to authoritarianism dressed up like health care and Trump did not. In the end, all the governors followed his lead. If you think your boy Newsome lifted Covid restrictions because of health purposes, I have a bridge to sell you. Time after time, studies showed open Florida did not have significantly more disease than closed California.

"Lowering taxes."

It's what you keep that matters, right?

And this was before his disastrous economic decisions wiped out millions upon millions of USA jobs and triggered global supply-chain destruction hyper-inflation:

Trump's claims on income growth challenged by data, 'wage trap'
Nov. 12, 2019

https://finance.yahoo.com/news/trump...225058764.html

Yet as several observers pointed out, official government data does not back up Trumps claims. According to Census Bureau figures, median household income rose $1,601 from 2017 to 2018. That gain lagged gains seen during the tenures of both Obama and Bush.

"securing the border".

Fact Check: Is the U.S.-Mexico Border More Secure Than Ever, as Trump Says?
1/13/21

https://www.newsweek.com/fact-check-...p-says-1561303

When determining the safety of the Southern border, most reports look at apprehensions and encounters at the entry points by Border Patrol agents as well as crime data.

The number of Border Patrol apprehensions at the Southwest border has fluctuated over Trump's term. The 2017 fiscal year number was 303,916, the lowest since the fiscal year 1971, according to Customs and Border Patrol CBP. This led the Department of Homeland Security to boast that "the southwest land border is more difficult to illegally cross today than ever before."

However, in the 2018 and 2019 fiscal years, there were large increases in apprehensions to 396,579 and 851,508, respectively.

According to CBP, the number of total enforcement actions from Border Patrol and the Office of Field Operations, including the deportation of people deemed inadmissible under asylum laws, surpassed 1.1 million in 2019. This number decreased by nearly 500,000 in the following fiscal year..

"questioning defense spending".

Trumps Gargantuan Military Budget Is Full of It
This $740.5 billion proposal is wildly irresponsible and misleading.
Feb. 12, 2020

https://slate.com/news-and-politics/...-analysis.html

President Donald Trumps $740.5 billion military budget, which he submitted to Congress on Monday, is only a hair larger than the current years budget, but it is still the largest since World War II (even adjusting for inflation), and its even more notable for what it emphasizes: building more nuclear weapons, preparing for exotic flavors of warfare, and expanding Americas global military presence.

Apparently, his only question was whether to increase that spending to the largest since WWII or "of all time."

"curb the deep state".

Whatever that means. As near as anyone can tell, Trumpsters love it when Trump refers to USA law enforcement agencies civil servants as "losers" and "scum."