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Re: The Nation's Financial Condition

Posted: Sat Dec 19, 2020 1:30 pm
by CU77
And now the Republicans are going to the mat to prevent the Fed from making loans to small business forevermore.

While defunding the police by refusing any aid to state and local gubmint.

Re: The Nation's Financial Condition

Posted: Sat Dec 19, 2020 1:35 pm
by a fan
CU77 wrote: Sat Dec 19, 2020 1:30 pm And now the Republicans are going to the mat to prevent the Fed from making loans to small business forevermore.
Where is this mentioned? Thanks

Re: The Nation's Financial Condition

Posted: Sat Dec 19, 2020 2:34 pm
by RedFromMI
a fan wrote: Sat Dec 19, 2020 1:35 pm
CU77 wrote: Sat Dec 19, 2020 1:30 pm And now the Republicans are going to the mat to prevent the Fed from making loans to small business forevermore.
Where is this mentioned? Thanks
I think it is referring to the Pat Toomey language that the Rs are now insisting on holding firm about - that would take away the freedom from the Fed to make heroic efforts (including loans to businesses) to keep the economy afloat. Basically the Rs way of burning one more bridge on the way out of administrative power.

Would remove some of the best tools the Fed has used lately to combat the econ woes. Just showed up in the last couple of days - a clear bait and switch trying to force the Ds hand.

Personally, I think the Ds need to hold firm as well - even if it means no deal at this point (and probably a government shutdown) because Biden will need every bit of help from the Fed in trying to right the economic ship, so to speak.

Re: The Nation's Financial Condition

Posted: Sat Dec 19, 2020 2:50 pm
by ABV 8.3%
a fan wrote: Sat Dec 19, 2020 1:35 pm
CU77 wrote: Sat Dec 19, 2020 1:30 pm And now the Republicans are going to the mat to prevent the Fed from making loans to small business forevermore.
Where is this mentioned? Thanks
once again, tld's lack of response, like "hey AFAN, stop DEFENDING Trump".....is just an observation.

You decide what you choose to do with the information ;)

Re: The Nation's Financial Condition

Posted: Sat Dec 19, 2020 3:44 pm
by CU77
RedFromMI wrote: Sat Dec 19, 2020 2:34 pm
a fan wrote: Sat Dec 19, 2020 1:35 pm
CU77 wrote: Sat Dec 19, 2020 1:30 pm And now the Republicans are going to the mat to prevent the Fed from making loans to small business forevermore.
Where is this mentioned? Thanks
I think it is referring to the Pat Toomey language that the Rs are now insisting on holding firm about - that would take away the freedom from the Fed to make heroic efforts (including loans to businesses) to keep the economy afloat. Basically the Rs way of burning one more bridge on the way out of administrative power.

Would remove some of the best tools the Fed has used lately to combat the econ woes. Just showed up in the last couple of days - a clear bait and switch trying to force the Ds hand.

Personally, I think the Ds need to hold firm as well - even if it means no deal at this point (and probably a government shutdown) because Biden will need every bit of help from the Fed in trying to right the economic ship, so to speak.
Yes, that's what I meant, and I agree that the Ds need to hold firm.

If only the Ds were not so awful at messaging. The Rs are actually and literally defunding the police! Not a peep about it from the Ds.

Re: The Nation's Financial Condition

Posted: Sun Dec 20, 2020 11:29 pm
by a fan
Well, color me stunned.

And as for my comments about McConnell? I was dead wrong. I thought for SURE that he would find excuses to not sing any bill that might help Biden in his first year. Nope. I was wrong.

And this bill make a temporary excise tax break for small brewers, wineries, and distiller permanent. This prevented our taxes from jumping 400% on January 1. No, really...it would have snapped up 400%.

I'm shocked. I really am.

Details on the bill to follow, apparently.



https://www.foxnews.com/politics/mcconn ... compromise

Re: The Nation's Financial Condition

Posted: Sun Dec 20, 2020 11:49 pm
by Farfromgeneva
Anything signed this month is a win for all citizens of the country, in general. Looks like “more” of a win for the republicans at the $900bn price tag optically. I like direct checks (remember this when you go crazy in something I post in the future m, Afan) and pending execution the subsidy for rental assistance, but think PPP isn’t helpful at this stage unless they really want a backdoor way to subsidize bank credit losses with fee income. There’s a huge cliff coming in Q1 and no one is ready for it. This may or may not being enough but while we’ve got a vaccine that appears to be a long term solution that should be broadly distributed this summer, there’s some real pain to be incurred coming that can’t be avoided, at best managed and mitigated. But if a small business needs a loan at this stage having deployed a prior program loan then the odds are super high tbat the business is failing regardless of any new PPP loan now. No way it’s worth saving 3-12/100 borrowers to extend all that credit to the vast majority gaining businesses.

All that aside, while I acknowledge and give you credit for acknowledging McConnell signed and did something you strongly argued wouldn’t happen it might not be enough if you really cared. In other words, for as strongly as you’ve argued on multiple threads how MCConnell wouldn’t do anything (unless I suppose he got all of his wishlist or like that) this noble meaning post may still feel like an page six bottom right paragraph correction or extraction.

(Obviously I’m fu*%ing) with you but you have to admit that when you argue with such certainty you get exposed to this sometimes - I know I expose myself all the time and only get caught occasionally)

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 12:08 am
by a fan
Farfromgeneva wrote: Sun Dec 20, 2020 11:49 pm (Obviously I’m fu*%ing) with you but you have to admit that when you argue with such certainty you get exposed to this sometimes - I know I expose myself all the time and only get caught occasionally)
Well, we don't have a page one... or a page six here......I don't know where else to admit that I was dead wrong.

And I have NO problem admitting it, unlike quite a few posters around here who think they'll melt like the Wicked Witch of the West if that admit that, shocker, sometimes we're wrong. ;)

Mea culpa. Serve up the crow, rare, if you please....

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 12:12 am
by Farfromgeneva
Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 12:21 am
by a fan
Farfromgeneva wrote: Mon Dec 21, 2020 12:12 am Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.
:lol: I'm on board with smearing the egg in my face a bit. I have it coming.

And you're nuts if you think I can dodge the incoming rounds for this missed call----people are STILL giving DocB grief over his pronouncement to yours truly about the Duke lacrosse case, and that was how long ago? :lol:

Oh no, my friend. I'm afraid I'll be hearing about this for a looooong time. And I earned it. I'm cool with that.... :lol:

I just didn't think McConnell would help Biden. Maybe Kentucky biz and people are suffering more than he can tolerate? Who knows. I was wrong...that's all I know.

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 9:44 am
by cradleandshoot
a fan wrote: Mon Dec 21, 2020 12:21 am
Farfromgeneva wrote: Mon Dec 21, 2020 12:12 am Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.
:lol: I'm on board with smearing the egg in my face a bit. I have it coming.

And you're nuts if you think I can dodge the incoming rounds for this missed call----people are STILL giving DocB grief over his pronouncement to yours truly about the Duke lacrosse case, and that was how long ago? :lol:

Oh no, my friend. I'm afraid I'll be hearing about this for a looooong time. And I earned it. I'm cool with that.... :lol:

I just didn't think McConnell would help Biden. Maybe Kentucky biz and people are suffering more than he can tolerate? Who knows. I was wrong...that's all I know.
It is okay to be wrong once every decade or so. Just don't start making a habit of it.

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 10:23 am
by RedFromMI
a fan wrote: Mon Dec 21, 2020 12:21 am
Farfromgeneva wrote: Mon Dec 21, 2020 12:12 am Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.
:lol: I'm on board with smearing the egg in my face a bit. I have it coming.

And you're nuts if you think I can dodge the incoming rounds for this missed call----people are STILL giving DocB grief over his pronouncement to yours truly about the Duke lacrosse case, and that was how long ago? :lol:

Oh no, my friend. I'm afraid I'll be hearing about this for a looooong time. And I earned it. I'm cool with that.... :lol:

I just didn't think McConnell would help Biden. Maybe Kentucky biz and people are suffering more than he can tolerate? Who knows. I was wrong...that's all I know.
I think McConnell finally gave in (and without the liability protection that kept anything from passing for months) because Loeffler and Perdue were getting killed on the campaign trail due to the lack of help. McConnell is NOW trying to spin that this is a lot like what he insisted upon all along, but he is lying through his teeth to do so.

We shall see if it keeps him as majority leader...

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 11:41 am
by a fan
cradleandshoot wrote: Mon Dec 21, 2020 9:44 am
a fan wrote: Mon Dec 21, 2020 12:21 am
Farfromgeneva wrote: Mon Dec 21, 2020 12:12 am Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.
:lol: I'm on board with smearing the egg in my face a bit. I have it coming.

And you're nuts if you think I can dodge the incoming rounds for this missed call----people are STILL giving DocB grief over his pronouncement to yours truly about the Duke lacrosse case, and that was how long ago? :lol:

Oh no, my friend. I'm afraid I'll be hearing about this for a looooong time. And I earned it. I'm cool with that.... :lol:

I just didn't think McConnell would help Biden. Maybe Kentucky biz and people are suffering more than he can tolerate? Who knows. I was wrong...that's all I know.
It is okay to be wrong once every decade or so. Just don't start making a habit of it.
:lol: You and I both know I'm wrong a lot more than that!

But thanks...

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 11:49 am
by CU88
Give this time to make it to the end...


https://twitter.com/RexChapman/status/1 ... 5205275648

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 11:49 am
by foreverlax
a fan wrote: Mon Dec 21, 2020 11:41 am
cradleandshoot wrote: Mon Dec 21, 2020 9:44 am
a fan wrote: Mon Dec 21, 2020 12:21 am
Farfromgeneva wrote: Mon Dec 21, 2020 12:12 am Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.
:lol: I'm on board with smearing the egg in my face a bit. I have it coming.

And you're nuts if you think I can dodge the incoming rounds for this missed call----people are STILL giving DocB grief over his pronouncement to yours truly about the Duke lacrosse case, and that was how long ago? :lol:

Oh no, my friend. I'm afraid I'll be hearing about this for a looooong time. And I earned it. I'm cool with that.... :lol:

I just didn't think McConnell would help Biden. Maybe Kentucky biz and people are suffering more than he can tolerate? Who knows. I was wrong...that's all I know.
It is okay to be wrong once every decade or so. Just don't start making a habit of it.
:lol: You and I both know I'm wrong a lot more than that!

But thanks...
"I'm sorry" and "I was wrong" are easy to say and typically mean a lot.....

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 12:20 pm
by cradleandshoot
a fan wrote: Mon Dec 21, 2020 11:41 am
cradleandshoot wrote: Mon Dec 21, 2020 9:44 am
a fan wrote: Mon Dec 21, 2020 12:21 am
Farfromgeneva wrote: Mon Dec 21, 2020 12:12 am Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.
:lol: I'm on board with smearing the egg in my face a bit. I have it coming.

And you're nuts if you think I can dodge the incoming rounds for this missed call----people are STILL giving DocB grief over his pronouncement to yours truly about the Duke lacrosse case, and that was how long ago? :lol:

Oh no, my friend. I'm afraid I'll be hearing about this for a looooong time. And I earned it. I'm cool with that.... :lol:

I just didn't think McConnell would help Biden. Maybe Kentucky biz and people are suffering more than he can tolerate? Who knows. I was wrong...that's all I know.
It is okay to be wrong once every decade or so. Just don't start making a habit of it.
:lol: You and I both know I'm wrong a lot more than that!

But thanks...
You and I are both married. We are both use to our wives informing us when we are wrong. That happens on a daily basis.

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 12:34 pm
by seacoaster
Really enjoying the double prize of:

Republicans now taking credit for a relief bill that they opposed for months, allowing the situation to become astonishingly dire for millions of Americans, and

The video shots of Anti-Mask, It's All a Hoax, Back to Work Now GOP members of the House and Senate getting the vaccine as early as possible.

These people are a canker sore on society.

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 1:02 pm
by a fan
cradleandshoot wrote: Mon Dec 21, 2020 12:20 pm You and I are both married. We are both use to our wives informing us when we are wrong. That happens on a daily basis.
Hourly. And the worst part is.....she's right when she calls me out for being wrong! :lol: ;)

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 1:21 pm
by foreverlax
seacoaster wrote: Mon Dec 21, 2020 12:34 pm Really enjoying the double prize of:

Republicans now taking credit for a relief bill that they opposed for months, allowing the situation to become astonishingly dire for millions of Americans, and

The video shots of Anti-Mask, It's All a Hoax, Back to Work Now GOP members of the House and Senate getting the vaccine as early as possible.

These people are a canker sore on society.
Matt Goetz should be the last person in America in line!!

Re: The Nation's Financial Condition

Posted: Mon Dec 21, 2020 6:32 pm
by Farfromgeneva
a fan wrote: Mon Dec 21, 2020 12:21 am
Farfromgeneva wrote: Mon Dec 21, 2020 12:12 am Oh I’m just trying to front run your real “fans” here and having some fun. I usually inject and squirm at absolute comments and that’s the more you like to use often so even when I agree with you I struggle with the absolute nature of the tone and language. I figured you were honorable enough to show up when it goes against you so not at all surprised, just thinking maybe a little more pie in the face would provide resolution and closure so that the political adversaries can’t be bringing this up as evidence of how you’re often wrong 3 or 6 months from now.
:lol: I'm on board with smearing the egg in my face a bit. I have it coming.

And you're nuts if you think I can dodge the incoming rounds for this missed call----people are STILL giving DocB grief over his pronouncement to yours truly about the Duke lacrosse case, and that was how long ago? :lol:

Oh no, my friend. I'm afraid I'll be hearing about this for a looooong time. And I earned it. I'm cool with that.... :lol:

I just didn't think McConnell would help Biden. Maybe Kentucky biz and people are suffering more than he can tolerate? Who knows. I was wrong...that's all I know.
I may not ever forget the “transcendent” FR class at Hop that did nothing.