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Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 10:48 am
by Typical Lax Dad
a fan wrote: Fri May 08, 2020 10:20 am
Peter Brown wrote: Fri May 08, 2020 9:42 am A bull market requires hands-off from politicians. A pandemic requires hands-on.

Guess what happens to markets when politicians are hands-on?
You mean like Trump blowing $4 Trillion in borrowed money, and pumping it through the economy in his first 3 years?

Oh totally. That had ZERO effect on the US economy. :lol:
Just poorly educated.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 10:55 am
by Peter Brown
a fan wrote: Fri May 08, 2020 10:20 am
Peter Brown wrote: Fri May 08, 2020 9:42 am A bull market requires hands-off from politicians. A pandemic requires hands-on.

Guess what happens to markets when politicians are hands-on?
You mean like Trump blowing $4 Trillion in borrowed money, and pumping it through the economy in his first 3 years?

Oh totally. That had ZERO effect on the US economy. :lol:


Don't spike that football so soon, a fan. My bitcoin pricing tells me that fiat currencies were never the answer, but mass delusion is a powerful drug. Let's see in 20 years.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 11:00 am
by a fan
:lol: What are you talking about?

In what world would borrowing $4 trillion dollars and pumping it through the economy have zero effect on said economy?


If it had no effect....why would anyone borrow that money?

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 11:10 am
by Peter Brown
a fan wrote: Fri May 08, 2020 11:00 am :lol: What are you talking about?

In what world would borrowing $4 trillion dollars and pumping it through the economy have zero effect on said economy?


If it had no effect....why would anyone borrow that money?


If something cannot go on forever, it will stop.

Be careful here. Diversify.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 1:27 pm
by holmes435
Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 1:30 pm
by MDlaxfan76
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
Get'er done...in the long run, way smarter.

Ahhh well, "smarter".

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 1:46 pm
by Typical Lax Dad
a fan wrote: Fri May 08, 2020 10:20 am
Peter Brown wrote: Fri May 08, 2020 9:42 am A bull market requires hands-off from politicians. A pandemic requires hands-on.

Guess what happens to markets when politicians are hands-on?
You mean like Trump blowing $4 Trillion in borrowed money, and pumping it through the economy in his first 3 years?

Oh totally. That had ZERO effect on the US economy. :lol:

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 2:11 pm
by a fan
Peter Brown wrote: Fri May 08, 2020 11:10 am
a fan wrote: Fri May 08, 2020 11:00 am :lol: What are you talking about?

In what world would borrowing $4 trillion dollars and pumping it through the economy have zero effect on said economy?


If it had no effect....why would anyone borrow that money?


If something cannot go on forever, it will stop.
That's what they said 20 years ago. Whoops. "Deficits Don't Matter". Do you remember who said that?

And it sure as *hit wasn't a Dem.....

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 5:09 pm
by Nigel
MDlaxfan76 wrote: Fri May 08, 2020 1:30 pm
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
Get'er done...in the long run, way smarter.

Ahhh well, "smarter".
Image

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 5:17 pm
by youthathletics
MDlaxfan76 wrote: Fri May 08, 2020 1:30 pm
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
Get'er done...in the long run, way smarter.

Ahhh well, "smarter".
I thought you were a staunch conservative that was concerned about spending, budgets, and US debt? And, this has the potential to expand that lower class of earners that suck off the gov't teet...unless maybe we are truly going to try an all out socialist experiment.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 5:34 pm
by MDlaxfan76
youthathletics wrote: Fri May 08, 2020 5:17 pm
MDlaxfan76 wrote: Fri May 08, 2020 1:30 pm
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
Get'er done...in the long run, way smarter.

Ahhh well, "smarter".
I thought you were a staunch conservative that was concerned about spending, budgets, and US debt? And, this has the potential to expand that lower class of earners that suck off the gov't teet...unless maybe we are truly going to try an all out socialist experiment.
come on youth, you know better.

This would be a far more efficient (conservative!) way to keep people afloat in a short term crisis than the massive, more wasteful ways we're spending now, and will undoubtedly have to continue to spend going forward.

As an actual conservative, I'm looking for efficiency and effectiveness, not ideological class warfare.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 5:41 pm
by Typical Lax Dad
Nigel wrote: Fri May 08, 2020 5:09 pm
MDlaxfan76 wrote: Fri May 08, 2020 1:30 pm
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
Get'er done...in the long run, way smarter.

Ahhh well, "smarter".
Image
Many companies took PPP money because it’s free. Plenty would be fine without it but lined up at the trough because it’s free.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 6:51 pm
by a fan
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
Yep.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 6:53 pm
by a fan
A group of restaurant industry professionals and representatives have gotten together to send Mayor Michael Hancock a message: We'll need more outdoor seating in order to survive.

The group, which includes the directors of business improvement districts along Colfax Avenue and Federal Boulevard as well as many restaurant owners, has sent a letter to Mayor Hancock urging the city's newly formed Economic Relief and Recovery Committee to come up with a plan to allow restaurants and bars to expand seating and liquor licenses onto sidewalks, parking lots and, in some cases, even closed-off streets and alleys once restaurants are allowed to reopen.


https://www.westword.com/restaurants/de ... Xac2tWKDwY

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 7:48 pm
by Typical Lax Dad
a fan wrote: Fri May 08, 2020 6:51 pm
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
Yep.
Outdoor seating will be good until October.

Re: The Nation's Financial Condition

Posted: Fri May 08, 2020 8:25 pm
by ardilla secreta
holmes435 wrote: Fri May 08, 2020 1:27 pm Paging a fan

$2,000 Per Person Plus $2,000 Per Child: Monthly Economic Crisis Support Act Would Send Payments To Over 90% Of Americans

"Senators Kamala Harris (D-CA), Bernie Sanders (I-VT), and Ed Markey (D-MA) have released the Monthly Economic Crisis Support Act. This act would send a monthly $2,000 payment to individuals who make less than $100,000 a year but it provides an additional $2,000 per child for up to three children per family.

"The bill also would make these payments retroactive to March and they would continue for three months after when the Health and Human Services Department declared the public health emergency has ended."

~$300B per month cost. Magic 8 Ball says chances of passing are: "Very doubtful"
You mean like Canada has been doing with immediate results? How uncouth. And how will this crude scheme benefit Boeing?

Re: The Nation's Financial Condition

Posted: Sat May 09, 2020 6:30 am
by CU88
For a guy who has tried to erase President Obama's legacy at every possible turn, and was cheered on by the r's, Trump reached a major milestone yesterday.

All those jobs President Obama created are gone.

Re: The Nation's Financial Condition

Posted: Sat May 09, 2020 8:37 am
by youthathletics
CU88 wrote: Sat May 09, 2020 6:30 am For a guy who has tried to erase President Obama's legacy at every possible turn, and was cheered on by the r's, Trump reached a major milestone yesterday.

All those jobs President Obama created are gone.
Logical fallacy. Did you spend the night at Doc B's last night? That's the kind of silly argument he would project.

Re: The Nation's Financial Condition

Posted: Sat May 09, 2020 8:47 am
by runrussellrun
Typical Lax Dad wrote: Fri May 08, 2020 10:48 am
a fan wrote: Fri May 08, 2020 10:20 am
Peter Brown wrote: Fri May 08, 2020 9:42 am A bull market requires hands-off from politicians. A pandemic requires hands-on.

Guess what happens to markets when politicians are hands-on?
You mean like Trump blowing $4 Trillion in borrowed money, and pumping it through the economy in his first 3 years?

Oh totally. That had ZERO effect on the US economy. :lol:
Just poorly educated.
When you say "educated"....do you college degrees?

And yet.....we listen to the billionare NON college degree creep.......Billy at the Welfare VAPE machine keeping the Gates open....

oh, he's different

Re: The Nation's Financial Condition

Posted: Sat May 09, 2020 8:51 am
by runrussellrun
a fan wrote: Fri May 08, 2020 2:11 pm
Peter Brown wrote: Fri May 08, 2020 11:10 am
a fan wrote: Fri May 08, 2020 11:00 am :lol: What are you talking about?

In what world would borrowing $4 trillion dollars and pumping it through the economy have zero effect on said economy?


If it had no effect....why would anyone borrow that money?


If something cannot go on forever, it will stop.
That's what they said 20 years ago. Whoops. "Deficits Don't Matter". Do you remember who said that?

And it sure as *hit wasn't a Dem.....
It wasn't a Republican either......it was a TAATS.

And he never divested those Halliburton stocks...while funneling no bid contracts to same.

and you clowns think tRump is bad? Well, Donald is bad, like an amatuer. The shrubs (bush) and shotgun chennys of the world take the baby's lollypops right out of its hands......what are YOU going to do about it? Dick, unlike Donald, who IS one, doesn't give two figs about TV ratings, and being popular. tRump does. He needs adoration. Dick does not. He never cared about you. NEver. Nor did Reagan, Clinton....taats.