Official Inauguration day thread

[tsuke]

I am not sure any of it is, just find it funny how you are trying to lay the groundwork to blame Obama.

it would be funny if it was false. Point out to me why it was wrong.

 

[Darth Omar]

Putin is dependent on high energy prices. An Al Gorian like Hillbag would have been better for him than Trump.

No doubt Putin was cheering when Obama tried to regulate the fracking industry. Unfortunately, for Putin lol, it was struck down in federal court.

Maybe that's what Obama was telling Putin when he said he 'would be more flexible' in his second term.

 

[leaningright]

I'll be rabbit hunting during the inauguration. But then I haven't ever watched an inauguration so you can't call it a boycott.

 

[tsuke]

Obama was soooo bad, the FED had to keep interest rates near zero to keep the economy from collapsing.


That shouldn't be "news" to anybody.

true

 

[Darth Omar]

I'll be rabbit hunting during the inauguration. But then I haven't ever watched an inauguration so you can't call it a boycott.

Nice bass lol?

Profile pic is kind of small.

 

[Bigdog]

No doubt Putin was cheering when Obama tried to regulate the fracking industry. Unfortunately, for Putin lol, it was struck down in federal court.

Maybe that's what Obama was telling Putin when he said he 'would be more flexible' in his second term.

Yep, Hillbag would have been a much better potus for Putin. Oil price is his largest concern.

 

[canceled.2021.1]

Already making up excuses for trumps failure?

Do you deny the underlying facts if the Fed raises rates

 

[canceled.2021.1]

So its okay for Trump to do it, maybe because he is white... or is it because he has an "r" after his name?

Both

 

[canceled.2021.1]

This. What people dont realize is just by raising interest rates 0.25 percent the debt and deficit shoot up. Democrats like to shout that Obama reduced the deficit or something... when the fed kindly helped him out by keeping rates low.

They are now set to raise rates 0.25 3 more times this year so that the blame for "exploding deficit" and debt due to interest payments can go to Trump.

Well played.

I understand and agree with the financial impact of what you are saying but I am doubtful that Yellin will ever raise rates to where they really should be. Look at Japan.

Low interest rates are the easiest way to tax the citizenry without them even knowing and it robs savers.

Think about all of those low rate mortgages and auto loans out there today. The Fed has very little wiggle room or banks collapse. Banks can't stay in business when they are paying Granny 4% on her money market and only collecting 3.5% on someone's mortgage

From an economic perspective the Fed should have raised rates years ago but ALWAYS found an excuse not to.

I suspect the trend of teasing about raising them but not actually doing it will continue for the foreseeable future.

Now if you are a conspiracy theorist you might believe that the globalist elites would be happy to take it all down in an effort to take out Trump politically. There would be a tremendous amount of collateral damage. I suspect that 80% of the people on this board would be wiped out financially.

 

[tsuke]

I understand and agree with the financial impact of what you are saying but I am doubtful that Yellin will ever raise rates to where they really should be. Look at Japan.

Low interest rates are the easiest way to tax the citizenry without them even knowing and it robs savers.

Think about all of those low rate mortgages and auto loans out there today. The Fed has very little wiggle room or banks collapse. Banks can't stay in business when they are paying Granny 4% on her money market and only collecting 3.5% on someone's mortgage

From an economic perspective the Fed should have raised rates years ago but ALWAYS found an excuse not to.

I suspect the trend of teasing about raising them but not actually doing it will continue for the foreseeable future.

Now if you are a conspiracy theorist you might believe that the globalist elites would be happy to take it all down in an effort to take out Trump politically. There would be a tremendous amount of collateral damage. I suspect that 80% of the people on this board would be wiped out financially.

I think yellen has proven herself partisan enough that she would do that.

 

[Rune]

The FED banks propped up Obama. No surprise, it was the Dems that bailed out the big banks.

Untrue
Bush signed the TARP

 

[Rune]

so which part of it do you think was wrong? What happens to interest payments and debt servicing when you raise interest rates?

Funny in your first lie you claimed debt shot up.
In your second it is debt service.

 

[Cancel 2020.1]

I think we should have a daily award for "Most Creative Spin," given to the poster who is able to most persuasively present Trump's most recent disaster in a positive way.

 

[Bigdog]

Untrue
Bush signed the TARP

The majority of the republican congress voted against the Bank bailout. But democrats controlled the congress and they overwhelmingly voted to bailout the banks. Congress makes law.

Obama voted for it.

 

[canceled.2021.1]

Untrue
Bush signed the TARP

Thanks for showing your ignorance and lack of understanding about finance and economics.

 

[Jarod]

Why does Trump look so miserable today?

 

[Jarod]

Do you deny the underlying facts if the Fed raises rates

You seem scared Trump wont be able to deliver.....

 

[anatta]

I love watching this stuff..our civic secular religion on display

 

[Rune]

The Leftwingers are all facing Mecca and praying for a little help from their pet religion allies.

Another lie

 

[canceled.2021.1]

You seem scared Trump wont be able to deliver.....

Do you deny the Feds role in our economy? Or are you just not informed enough?

Which is it?

My comment wasn't about whether Trump can deliver. Truth be told not many do.

My comment was on the role of the Fed. If the topic is too complicated for you then maybe you should extricate yourself while you are behind.