What does a TRUMP presidency look like?

Started by FunkMonk, November 08, 2016, 11:02:57 PM

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Habbaku

I'm normally a big critic of the Federal Reserve, but Trump makes me instinctively defend it.
The medievals were only too right in taking nolo episcopari as the best reason a man could give to others for making him a bishop. Give me a king whose chief interest in life is stamps, railways, or race-horses; and who has the power to sack his Vizier (or whatever you care to call him) if he does not like the cut of his trousers.

Government is an abstract noun meaning the art and process of governing and it should be an offence to write it with a capital G or so as to refer to people.

-J. R. R. Tolkien

The Minsky Moment

#20356
Virtually everything Lewandowski says in that op ed is wrong.  It's horrifying that someone that ignorant managed a major candidate Presidential campaign.

The Fed is not an executive agency in any sense.  The only role the executive has is:
1) The President nominates the Governors of Fed Reserve system
2) The GAO prepares in audit report.

The Fed is ultimately responsible to Congress.    Congress chartered the Banks, it created the system. The Governors run it. The Presidential role is naming that personnel, that's bastically it.

The Fed pursues objectives set by Congress.  It's enshrined in statute: -maximum employment, stable prices, and moderate long-term interest rates. Not included: cheerleading the White House or pushing the President's economic policy.    In pursuing its statutory objective the Fed is required to report to Congress semiannually.  There is no requirement to report to the President.

Funny thing is he rips into Yellen, the "Obama" Fed Chair.  But Yellen was a relative dove on monetary policy.  Trump actually praised her but felt compelled to dump her because Obama initially appointed her. Had he kept Yellen, rates might be lower today.  He shot himself in the foot.  But Lewandowski follows the same idiot narrative of the "Obama" people being the villains, even when he is really more aligned with them on policy. Painfully stupid. 
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Eddie Teach

So Trump is getting criticized for calling himself a nationalist. Which is fine. But the criticism seems to mostly be about the similarity to "white nationalist". That's a different term with a different meaning.  :frusty:
To sleep, perchance to dream. But in that sleep of death, what dreams may come?

garbon

Except that for quite sometime now, nationalism has been linked to racial/ethnic exclusion.
"I've never been quite sure what the point of a eunuch is, if truth be told. It seems to me they're only men with the useful bits cut off."

I drank because I wanted to drown my sorrows, but now the damned things have learned to swim.

grumbler

Quote from: The Minsky Moment on October 23, 2018, 10:51:58 PM
Virtually everything Lewandowski says in that op ed is wrong.  It's horrifying that someone that ignorant managed a major candidate Presidential campaign.

The Fed is not an executive agency in any sense.  The only role the executive has is:
1) The President nominates the Governors of Fed Reserve system
2) The GAO prepares in audit report.

The Fed is ultimately responsible to Congress.    Congress chartered the Banks, it created the system. The Governors run it. The Presidential role is naming that personnel, that's bastically it.

The Fed pursues objectives set by Congress.  It's enshrined in statute: -maximum employment, stable prices, and moderate long-term interest rates. Not included: cheerleading the White House or pushing the President's economic policy.    In pursuing its statutory objective the Fed is required to report to Congress semiannually.  There is no requirement to report to the President.

Funny thing is he rips into Yellen, the "Obama" Fed Chair.  But Yellen was a relative dove on monetary policy.  Trump actually praised her but felt compelled to dump her because Obama initially appointed her. Had he kept Yellen, rates might be lower today.  He shot himself in the foot.  But Lewandowski follows the same idiot narrative of the "Obama" people being the villains, even when he is really more aligned with them on policy. Painfully stupid.

It's an interesting article in a number of areas.  Lewandowski talks about "the Trump economic recovery."  From what is Trump "recovering?"  Low unemployment?  The Obama economic recovery?
The future is all around us, waiting, in moments of transition, to be born in moments of revelation. No one knows the shape of that future or where it will take us. We know only that it is always born in pain.   -G'Kar

Bayraktar!

Tamas

it's a TURBO CHARGED economy, man. I don't think Obama TURBO CHARGED anything, let alone the economy.


Syt

He still seems to think it's not the U.S. consumers paying the tariffs ...  :hmm:

QuoteDonald J. Trump
@realDonaldTrump

Billions of dollars are, and will be, coming into United States coffers because of Tariffs. Great also for negotiations - if a country won't give us a fair Trade Deal, we will institute Tariffs on them. Used or not, jobs and businesses will be created. U.S. respected again!
I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.

Tamas

Quote from: Syt on October 24, 2018, 09:32:45 AM
He still seems to think it's not the U.S. consumers paying the tariffs ...  :hmm:

QuoteDonald J. Trump
@realDonaldTrump

Billions of dollars are, and will be, coming into United States coffers because of Tariffs. Great also for negotiations - if a country won't give us a fair Trade Deal, we will institute Tariffs on them. Used or not, jobs and businesses will be created. U.S. respected again!

TURBO.

CHARGED.

Valmy

Ok so what is going on with all the bombs being sent to the Clintons, George Soros, and CNN? I presume President Trump will be quick to put these terrorists in their place.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Eddie Teach

Eh, remember how long it took to catch Kaczynski.
To sleep, perchance to dream. But in that sleep of death, what dreams may come?

Syt

Quote from: Valmy on October 24, 2018, 09:49:13 AM
Ok so what is going on with all the bombs being sent to the Clintons, George Soros, and CNN? I presume President Trump will be quick to put these terrorists in their place.

Some user comment sections seem to think it's false flag to foster a sympathy vote.

And that's why I try to avoid user comment sections.
I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.

Valmy

Quote from: Eddie Teach on October 24, 2018, 09:52:29 AM
Eh, remember how long it took to catch Kaczynski.

Yeah but that was decades ago. We have modern technology and are much more experienced dealing with terrorism now.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Valmy

Quote from: Syt on October 24, 2018, 09:54:09 AM
Quote from: Valmy on October 24, 2018, 09:49:13 AM
Ok so what is going on with all the bombs being sent to the Clintons, George Soros, and CNN? I presume President Trump will be quick to put these terrorists in their place.

Some user comment sections seem to think it's false flag to foster a sympathy vote.

And that's why I try to avoid user comment sections.

Are there any actual examples of an American False Flag operation? I mean we have dozens, if not hundreds, theorized every year and I wonder if we have any actual proven ones.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

garbon

Quote from: Valmy on October 24, 2018, 09:55:21 AM
Quote from: Syt on October 24, 2018, 09:54:09 AM
Quote from: Valmy on October 24, 2018, 09:49:13 AM
Ok so what is going on with all the bombs being sent to the Clintons, George Soros, and CNN? I presume President Trump will be quick to put these terrorists in their place.

Some user comment sections seem to think it's false flag to foster a sympathy vote.

And that's why I try to avoid user comment sections.

Are there any actual examples of an American False Flag operation? I mean we have dozens, if not hundreds, theorized every year and I wonder if we have any actual proven ones.

Well on small scale. Wasn't there that woman who started carving something into her face alleging a hate crime?
"I've never been quite sure what the point of a eunuch is, if truth be told. It seems to me they're only men with the useful bits cut off."

I drank because I wanted to drown my sorrows, but now the damned things have learned to swim.

Syt

https://www.wsj.com/articles/trump-steps-up-attacks-on-fed-chairman-jerome-powell-1540338090

Quote[...]

Mr. Trump said he views tariffs, which have been a centerpiece of his "America First" economic and trade agenda in his first two years in office, as a negotiating tactic and vastly understated the size of the tariff regime put in place by his administration.

"We don't even have tariffs. I'm using tariffs to negotiate," the president said, describing the tariffs on steel and aluminum he imposed this year as "small."

The U.S. this year imposed tariffs on steel, aluminum, washers and solar panels, as well as tariffs on an additional $250 billion of Chinese imports. Some businesses have supported the tariffs, but many have said they hurt their profits and could lead to higher prices for customers.

"Where do we have tariffs? We don't have tariffs anywhere," Mr. Trump said when asked about the risks tariffs pose to the economy. "You know what happens? A business that's doing badly always likes to blame Trump and the tariffs, because it's a good excuse for some incompetent guy that's making $25 million a year."

[...]

WHat the flying fuck brain damage does this person have?
I am, somehow, less interested in the weight and convolutions of Einstein's brain than in the near certainty that people of equal talent have lived and died in cotton fields and sweatshops.
—Stephen Jay Gould

Proud owner of 42 Zoupa Points.