American Politics

[QUOTE=ShooBree;3084574]Probably when a majority of black people stop voting for the dems and start voting for the Republicans. Don't you understand that the politicians normally represent their voters?

BTW, when will the democrats appoint a Latino as Secretary of State? It's only in the Republican Party a Latino can rise to become secretary of state in USA. Powell was the first Afro American to become Secretary of State in the US, Condoleezza Rice was the second. Both Republicans, and this was before Obama and Kamala.[/QUOTE]So Condoleeza "I didn't notice and did nothing about that August 2001 PDB about Osama bin Laden determined to attack in the USA, likely by aircraft" Rice, Colin "Tons of WMD hidden in Iraq!" Powell and Little Marco "War in Iran? What War in Iran?" Rubio are your high water mark standards for what turned out to he strictly Repub DEI appointments despite their utter crap contributions to their office?

Lolol. Perfect.

What's next, praise to Trump for appointing the first Indian as head of the FBI? LOLOL.

Jimmy Carter's presidency (19771981) was defined by the 19801982 recession, the deepest and longest-lasting USA Economic downturn since the Great Depression, which began during his term and extended into the early Reagan years.

[QUOTE=KeviKev68;3084663]That was quite some time ago with Condoleeza Rice and Colin Powell? Are they reflective of Trump's Republican Party of today? Of course not. I guess you know better than me but as black guy in a predominantly black family I can only find 2 who supported Trump.

It's bit more complicated with Latino's. Rubio is Cuban and they are more conservative than Puerto Rican's. Lot's of Latino Trump supporters being dumped obscure countries on the African continent. Perhaps this explains why Trump is underwater in the latest polls.[/QUOTE]So you're just going to ignore the fact that Ben Carson was picked to be the Secretary of HUD by President Donald J Trump?

A Latino is a Latino, it's ridiculous to see you trying to belittle Cubans for not being Puerto Ricans as if it was better to be from Puerto Rico.

How is it possible to get inflation in check with diesel fuel at 6.44 USD / gal?

That is a 75% increase over last year!

Diesel is used by the 3 Ts (trucks, trains and tractors).

These vehicles deliver everything!

What do you guys think about FBI defending beastiality? I thought it would have made sense during Democrat regime but MAGA regime truly leaped ahead of them.

[URL]https://www.theguardian.com/us-news/2026/sep/15/kash-patel-fbi-hiring-policy-bestiality[/URL]

[QUOTE=EihTooms;3083773]I am not all that interested in what stance political Parties take on Social issues. That's for suckers.[/QUOTE]So why are you focused on racial issues while completely ignoring economic ones?

[B]Interest Rates are as high as they were before the 2007 Global Financial Crisis[/B]

Conditions are not the same with problems of bank solvency. But the Dis United States of America has a dramatically higher Debt to GDP ratio.

[U]Price of Oil[/U]

[QUOTE=Canada;3074337]One of the main reasons is when Trump won the presidency he encouraged oil drilling and USA now is producing 13,500,000 barrels per day. Also reduced regulations for the oil companies now make it possible to make good money at $72 a barrel. Chevron said profits are good enough at $72 a barrel to drill, do exploration and to make capital improvements worldwide. I expect a glut of oil in next year and see prices in the $60-$65 range.[/QUOTE][QUOTE=AxelHeyst;3074372]Yes, oil jumped higher after the Mullas were taken out in February and the IRCG began to block oil tankers from shipping in the straits. I mentioned the price of crude in my last post because it acts as a barometer for what is going on in this war and who is wining. Will crude go back up into the 80's in the short run? I don't know. Maybe. But it ain't going up to $150 a barrel and staying there and it ain't going to do any permanent damage the US Economy. I will bet on that because [/QUOTE]The above posts did not age well.

Brent Spot: 103.37 WTI Spot: 99.53.

A rough rule of thumb from the Fed: every $10/ barrel increase raises headline inflation by 0. 2 percentage points. A permanent 10% rise in oil adds roughly 0. 4% to headline CPI over a year.

Crude oil is a key input for transportation, manufacturing, petrochemicals, and shipping. Higher costs get passed through to goods prices. The correlation between oil and the PPI is 0. 71, far stronger than the 0. 27 correlation with the CPI, meaning oil hits producer prices much more directly than consumer prices.

Might the current undeclared military action against Iran have something to do with increased Oil prices? What are democrats doing to stop this other than talk? Are they smart enough to capitalize on the economic pain me and my fellow citizens of the Dis United States are feeling for the midterms.

Key levels to watch are 105,110, 115 (max pain) before possible reversal.

[U]Crypto Regulation in the Dis United States of America[/U]

Not a single Democratic Supporter posted here has addressed the Democratic Party opposition to crypto in the Dis United States of America. Why is that? What is the reasoning behind the opposition?

[QUOTE=SubCmdr;3084741]Jimmy Carter's presidency (19771981) was defined by the 19801982 recession, the deepest and longest-lasting USA Economic downturn since the Great Depression, which began during his term and extended into the early Reagan years.[/QUOTE]The only Recession that occurred under Jimmy Carter started in January 1980 and was over 6 months later in July 1980, with a peak unrmployment rate of 7. 8%. It was one of the shortest and least "destructive" Recessions in history, barely qualifying as a conventional Recession of 2 consecutive quarters of negative GDP growth. In fact, it was intentionally induced by Fed Chairman Paul Volcker raising Fed Funds rates in order to cool down an overheated economy:

[B]List of recessions in the United States.[/B]

[URL]https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States[/URL]

[QUOTE]NBER considers a very short recession to have occurred in 1980, followed by a short period of growth and then a deep recession.
...........
1980 Recession.

January 1980 - July 1980.

Duration 6 months.

Peak unemployment rate 7. 8% (July 1980).

GDP decline (peak to trough) -2. 2%[/QUOTE]The deep Recession you or whoever else it was that doesn't know what they're talking about started in July 1981, under Repub Ronald Reagan, lasted 1 year and 4 months with a peak unemployment rate of 10.8%.

The National Bureau of Economic Research, NBER, the USA Government recognized arbitor for the beginning and ending dates of USA Recessions, is very clear about it.

[QUOTE=ShooBree;3084743]So you're just going to ignore the fact that Ben Carson was picked to be the Secretary of HUD by President Donald J Trump?

A Latino is a Latino, it's ridiculous to see you trying to belittle Cubans for not being Puerto Ricans as if it was better to be from Puerto Rico.[/QUOTE]That's tokenism. You only have one black guy in the Senate. Tim Scott and only 4 in the House (I know that sounds a like a lot for folks like yourself LOL) All them (House) will be gone after this year.

[QUOTE=DwayneJohnson;3084753][b]Since it's USG[/B]

What do you guys think about FBI defending beastiality? I thought it would have made sense during Democrat regime but MAGA regime truly leaped ahead of them.

[URL]https://www.theguardian.com/us-news/2026/sep/15/kash-patel-fbi-hiring-policy-bestiality[/URL][/QUOTE]Repub MAGAs rail against DEI hires while the only atrocious outcomes from diverse profile hires have been theirs.

Now they have finally broken that stubborn glass ceiling that made it so difficult for their bestiality proponents to produce atrocious results for the country.

One of ISG's most observant and skilled reading and comprehension members kindly pointed out that I "completely ignore" economic issues.

So I decided to look into it for a change and I'll be damned if I didn't discover the remarkable fact that Republicans have produced and presided over every Great Depression, Great Recession, stock market crash, housing value crash, financial crash and massive historic jobs destruction of the past 100 years and none of the great economic recoveries, great economic expansions and historic jobs gains while Democrats have produced and presided over every great economic recovery, great economic expansion and historic jobs gains and none of the Great Depressions, Great Recessions, stock market crashes, housing value crashes, financial crashes and massive historic jobs destruction of the past 100 years.

I don't think I've ever noticed that.

In addition to which it turns out this current and two previous Repub presidents produced and presided over some of the worst jobs creation and economic results in USA history while the previous three Democratic presidents produced and presided over some of the very best. With a special nod to the fourth previous Democratic president ranking right up there with the best of them as well.

I was amazed to discover such a thing. So I thought I would mention it in one of my rare if not first and only, according to that ISG member, economic issue posts.

Oh, and there is also this:

[B]Its awful: How tariffs, soaring fuel and higher rates are squeezing businesses[/B]

[URL]https://www.cnbc.com/2026/09/20/tariffs-fuel-prices-and-interest-rates-squeeze-us-companies.html?__source=androidappshare[/URL]

[QUOTE]Tariffs are raising the cost of materials and goods, higher fuel prices are increasing production and transportation costs, and higher interest rates are making inventory more expensive to finance.

Auto suppliers, chemical companies, and other industrial businesses are seeing margins squeezed as they struggle to absorb higher costs.

Companies that can pass higher costs to customers are better positioned, while businesses facing price-sensitive consumers risk losing demand if they raise prices too much.[/QUOTE]I'll try to submit more of these economy-related posts in the future.

I continue to fight the good fight against disinformation coming from registered democrats who are [B]International Tricks/Sexpats[/B] in Bangkok, Thailand.

[QUOTE]At the end of World War II, from 1945 to 1946, there was a very sharp drop in U.S. output (12.1 percent) as the war economy began its transition to a civilian economy. [u]The deepest and longest-lasting recession the United States has experienced since then began in 1980, when Jimmy Carter was president (the gross domestic product dropped 9.6 percent in the second quarter of that year) and did not end until fourth-quarter 1982, almost two years into the Reagan presidency[/u]. There were positive quarters during this almost three-year period, resulting in what is known as a double-dip recession, but GDP did not return to the 1979 level until well into 2003. Unemployment peaked at 10.6 percent in the fall of 1982.

Both President Reagan and President Obama inherited an economy suffering from a year of no growth, along with rising unemployment. (The numbers are almost identical.) But Mr. Reagan faced a far direr situation in that inflation was in the double digits and the prime interest rate was at 20 percent. In contrast, Mr. Obama inherited an economy in which inflation was falling (in fact, inflation has been close to zero for this year) and interest rates were very low.[/QUOTE][URL]https://www.cato.org/commentary/worst-recession[/URL]

[QUOTE=EihTooms;3084816]The deep Recession you or whoever else it was that doesn't know what they're talking about[/QUOTE]It has been stated I don't know what I am talking about. I guess whoever said that about me can take it up with the [U]Cato Institute[/U].

Here is a FACT no Democrat or Republican supporter here has disputed: [B]Correlation does not imply causation[/B] is a fundamental statistical principle stating that a observed association between two variables does not prove that one variable causes the other to change. There has been a poster that acknowledged that. Stating that the recession that started during the Presidency of Jimmy Carter and lasted into the Reagan Presidency was not caused by either of them.

[QUOTE=EihTooms;3084816]In fact, it was intentionally induced by Fed Chairman Paul Volcker raising Fed Funds rates in order to cool down an overheated economy[/QUOTE]Now since we are talking economic policy, care to explain why Democrats are almost universally opposed to improving market conditions for crypto in the Dis United States of America that affect over [B]70 million[/B] of my fellow citizens.

Nope, asked the question multiple times. All I hear is crickets.

ROTFLMAO!

[QUOTE=SubCmdr;3084751]How is it possible to get inflation in check with diesel fuel at 6.44 USD / gal?

That is a 75% increase over last year!

Diesel is used by the 3 Ts (trucks, trains and tractors).

These vehicles deliver everything![/QUOTE]Because of Trump war, when he is so stupid ignorant, putting fire in middle East, with now Yemen attacking Saudi with already a pipeline destroyed. Get rid of your stupid senile.

Yes, every USA Republican president over the last 100 years has had a recession occur during their tenure, though the specific causes and the party in power when the downturn began vary. However, 10 of the 11 recessions since 1953 began under Republican administrations, with the notable exception being the 1980 recession, which started under Democrat Jimmy Carter.

Irrelevant to the discussion. Sample size is statistically insignificant.

[U]Correlation does not prove causation[/U]

Why? Because a statistical association between two variables merely indicates they change together, not that one directly causes the other.

Check Ball!

[QUOTE=SubCmdr;3084876]I continue to fight the good fight against disinformation coming from registered democrats who are [B]International Tricks/Sexpats[/B] in Bangkok, Thailand.

[URL]https://www.cato.org/commentary/worst-recession[/URL]

[B]It has been stated I don't know what I am talking about. I guess whoever said that about me can take it up with the [U]Cato Institute[/U].[/b]

Here is a FACT no Democrat or Republican supporter here has disputed: [B]Correlation does not imply causation[/B] is a fundamental statistical principle stating that a observed association between two variables does not prove that one variable causes the other to change. There has been a poster that acknowledged that. Stating that the recession that started during the Presidency of Jimmy Carter and lasted into the Reagan Presidency was not caused by either of them.

Now since we are talking economic policy, care to explain why Democrats are almost universally opposed to improving market conditions for crypto in the Dis United States of America that affect over [B]70 million[/B] of my fellow citizens.[/QUOTE]Yep. On that issue, neither you nor that Cato commentator knows what he's talking about.

NBER does though.

Interesting that the commentator knows there is such a thing as the NBER. Yet he totally misstates its officially stated timeline for those TWO DIFFERENT Recessions.

From your link:

[QUOTE]The private National Bureau of Economic Research (NBER) has served as an authority for defining recessions in the United States.[/QUOTE]Which strongly suggests he is flat out lying about it rather than just making a lazy mistake. Also, he gets too many other things that are just plain wrong in that commentary, too, such as the direction the rate of inflation was going when Reagan took office. He is flat out, provably wrong about it.

Here's how it went:

July 1980. The one and only mini recession under Carter ended after 6 months.

August 1980. No recession.

September 1980. No recession.

October 1980. No recession.

November 1980. No recession.

December 1980. No recession.

January 1981. Carter leaves office and Reagan takes office.

January 1981. No recession.

February 1981. No recession.

March 1981. No recession.

April 1981. No recession.

May 1981. No recession.

June 1981. No recession.

July 1981. A year after Carter's mini recession ended, Reagan's Great Repub Recession begins and continues for 1 year and 4 months.

I hope that helps. Please send this to that Cato commentator with the link I provided previously for the NBER Recession timelines.

Thanks.

Democrats oppose crypto because it can make you financially independent. Since Democrats are the party of big government, the last thing the want is for me and my fellow citizens to become financially independent. No, Democrats want you to continue to sucking on the government teat so you will be consistently dependent upon the government.

Question: [I]What Democrat in the Senate has a 12 million USD net worth but opposes crypto for my fellow citizens in the the Dis United States of America[/I]?

[B]Elizabeth Warren[/B]