Favorite team: | LSU ![]() |
Location: | I love everybody |
Biography: | |
Interests: | Victory |
Occupation: | |
Number of Posts: | 19764 |
Registered on: | 10/20/2010 |
Online Status: | Not Online |
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re: How did we get into this trade mess to start with?
Posted by a want on 4/10/25 at 11:53 am
Just because Trump says we’re getting ripped off doesn’t mean we’re getting ripped off. What he’s really talking about (on his big boy chart) is trade deficits. Trade deficits aren’t a bad thing; in fact they’re important/critical for growing economies.
For example: You have a massive trade deficit with your local liquor store. You give them money, they give you booze, but they don’t order shingles, legal consulting, insurance (or whatever you sell/do) from you. That’s a massive trade deficit!
Following Trumps logic, you should slap tariffs on the alcohol so you have to pay more for it (to stick it to the liquor store, right)
That’s literally how stupid this whole thing is. The liquor store is China or Viet Nam or Mexico and you are the fool cheering for tariffs.
For example: You have a massive trade deficit with your local liquor store. You give them money, they give you booze, but they don’t order shingles, legal consulting, insurance (or whatever you sell/do) from you. That’s a massive trade deficit!
Following Trumps logic, you should slap tariffs on the alcohol so you have to pay more for it (to stick it to the liquor store, right)
That’s literally how stupid this whole thing is. The liquor store is China or Viet Nam or Mexico and you are the fool cheering for tariffs.
re: Dow Has best day in 5 years
Posted by a want on 4/10/25 at 6:07 am
quote:
The old relationship benefitted Canada the most. They have no choice but to rely on the USA. It’s good that the old relationship ended. Some of you are so used to the USA getting fricked over that you can’t see what’s going on here.
Trade deficits are not a bad thing. Having a trade deficit is not a bad thing.
re: Dow Has best day in 5 years
Posted by a want on 4/10/25 at 5:55 am
quote:
How do you know
quote:
Canada will have to “dramatically reduce” its reliance on the United States as the two countries’ relationship darkens, Canadian Prime Minister Mark Carney warned on Thursday, adding that the old bilateral relationship was “over.
quote:
Trump is renegotiating the entire trade system with everyone. The status quo is no longer
Right. As I said. Inflation is coming. Many of you have yet to grasp that tariffs = higher prices.
re: Bond market influenced tariff reversal
Posted by a want on 4/10/25 at 5:51 am
quote:
ove how you leave out the other half of the article where he states all countries reached out to renegotiate
lol why don’t you list those countries for us.
Nobody reached out to him, because only a fool would negotiate with Trump. His word is worthless. He has a long history of ignoring deals he no longer likes.
The whole thing was based on a lie to begin with. Viet Nam has an average tariff of 1.9 % on US goods. Trump said it was 90%. He’s thinks trade deficits are the same as tariffs. He’s a moron.
re: Dow Has best day in 5 years
Posted by a want on 4/10/25 at 5:37 am
quote:
When he finally buckles on China, the markets will fully stabilize and things can get back to normal.
Not exactly. Long term damage has been done to friendly trading partners (for no reason). Also, even though Trump caved, they still have tariffs 5 - 10 higher than they had a month or 2 ago. Inflation is coming.
re: Adam Schiff just fricked Around and is about to find out
Posted by a want on 4/10/25 at 5:32 am
Had Barrack Obama or Joe Biden gone on msnbc after deliberately tanking the market and said “now is a good time to buy stock” 10 minutes before rescinding the policy that made it tank in the first place, you’d all be in DC with pitchforks and torches.
re: Bond Market: How Important?
Posted by a want on 4/10/25 at 12:04 am
quote:
The ‘safe haven’ status of U.S. Treasuries is under review in the Trump era…
…, but the potential for more tariffs remains. And the bond market freak-out demonstrates how much damage has occurred already
There are a lot of reasons investors (likely including some foreign governments) wanted to sell. Some wanted to invest elsewhere in the world; others needed to exit bonds to have more cash on hand. But, at heart, it all came down to the same belief: The United States is no longer looking rock solid. It’s impossible to make sense of what Trump is doing — and it’s not worth the risk of finding out just how much will break because of his actions.?
For the United States, the repercussions of all of this could have been substantial — and almost all negative. As investors sold bonds, the yield (the interest rate) soared. The 10-year Treasury yield hit 4.51 percent, up from 3.9 percent earlier in the week, and the 30-year Treasury yield briefly topped 5 percent. This couldn’t be worse for Main Street. It means mortgage rates may top 7 percent again, and borrowing costs for cars, businesses, etc., will surge. It also means the United States government will have to pay even higher interest costs.
“The post Liberation Day mini crisis moved to a more dangerous level overnight with a fairly huge bond sell-off,” wrote Jim Reid, a research strategist at Deutsche Bank. “It will put much more pressure on the U.S. administration than just an equity sell-off.” (Reid was correct: It did up the pressure to a level even Trump could not sustain).
The shite show isn’t over.
link
re: Now I'm even more excited for the next MEMO.
Posted by a want on 2/2/18 at 2:52 pm
On to the next conspiracy theory!
re: WSJ analysis of Strzok's texts. You're not going to like it
Posted by a want on 2/2/18 at 2:45 pm
quote:
WASHINGTON—In the summer of 2016, FBI Agent Peter Strzok had just wrapped up the investigation into Hillary Clinton’s use of a private email server and was embarking on a probe into Moscow’s interference in the presidential election. As he watched the Republican National Convention and scanned intelligence reports and news stories, he made clear how he felt about his new target: “f*ck the cheating motherf*cking Russians,” he texted in late July. “Bastards. I hate them.”
“I think they’re probably the worst,” texted Mr. Strzok, who had spent years tracking Russian spies and was familiar with their tactics. “F*cking conniving cheating savages. At statecraft, athletics, you name it. I’m glad I’m on Team USA.”
The messages were sent to FBI lawyer Lisa Page, one of thousands turned over by the Justice Department to Congress on Jan. 19 as part of an internal inquiry into how the Federal Bureau of Investigation handled its investigation into Mrs. Clinton. Mr. Strzok and Ms. Page, who were in an extramarital affair at the time, have been accused of bias against President Donald Trump after some previously released emails showed their disdain for the president.
In the new texts, provided to Congress and reviewed by The Wall Street Journal, the pair’s distaste for Mr. Trump re-emerges. After the 2016 election, Mr. Strzok wrote, “OMG I am so depressed.” Ms. Page replied, “I don’t know if I can eat. I am very nauseous.”
Republicans have said the FBI’s handling of the Clinton probe and the Russia investigation, as well as the criticism of Mr. Trump in the couple’s exchanges, indicate bias against the president and have suggested a conspiracy to undermine him.
Mr. Trump said in an interview with The Wall Street Journal last month that he interpreted Mr. Strzok’s messages to Ms. Page as “treason.” Mr. Strzok’s attorney said at the time the president’s accusation was “beyond reckless.”
Texts critical of Mr. Trump represent a fraction of the roughly 7,000 messages, which stretch across 384 pages and show no evidence of a conspiracy against Mr. Trump. Rather, a broader look shows an unvarnished and complex picture of the lives of an FBI agent and lawyer who found themselves at the center of highly charged probes.
They logged long hours and frequently worked on weekends. They seemed dedicated to their jobs but didn’t hesitate to chastise or criticize many others beyond Mr. Trump, including their colleagues and each other. In deeply personal office chatter, they come across as intense, ambitious and unsure of their standing in the bureau.
After serving as the lead agent on the investigation into Mrs. Clinton’s server while she was secretary of state, Mr. Strzok was promoted to deputy assistant director of the FBI’s counterintelligence division.
A longtime spy-hunter, he was tasked with helping supervise the Russia probe. After Robert Mueller was appointed special counsel for the probe on May 17, Mr. Strzok joined his office as its top agent.
Yet, he was ambivalent about taking the job, even if Mr. Mueller’s investigation was one that was certain to end up “in the history books.”
Unsure the investigation would lead anywhere, Mr. Strzok worried that leaving the bureau might harm his chances of advancement, and was concerned he wouldn’t play a key role.
“I don’t know what I want, Lisa,” Mr. Strzok, 47 years old, wrote in a text message to Ms. Page, 38, on May 24. “I don’t want to be anything but the lead agent. And I think even that is going to be a far cry from the inner sanctum of what Bob decides.”
He served in the special counsel’s office about two months before Mr. Mueller learned in July about the disparaging texts and dismissed him. He has since been assigned to human resources at the FBI.
Ms. Page and Mr. Strzok couldn't be reached for comment
re: WSJ analysis of Strzok's texts. You're not going to like it
Posted by a want on 2/2/18 at 2:38 pm
quote:
a want has a need for a ban
Oh, come on. You guys call out the "liberals" all the time.
I've been telling you for days this was a dud. If the shoe were on the other foot, you guys would be relentless.
re: WSJ analysis of Strzok's texts. You're not going to like it
Posted by a want on 2/2/18 at 2:30 pm
Oh yeah. The Dow is down 550 points today. Markets are on pace for their worst week since 2016....but that probably doesn't impact most of you.
WSJ analysis of Strzok's texts. You're not going to like it
Posted by a want on 2/2/18 at 2:28 pm
WSJ
That's gotta sting. How much worse can today get?
quote:
Texts critical of Mr. Trump represent a fraction of the roughly 7,000 messages, which stretch across 384 pages and show no evidence of a conspiracy against Mr. Trump. Rather, a broader look shows an unvarnished and complex picture of the lives of an FBI agent and lawyer who found themselves at the center of highly charged probes.
That's gotta sting. How much worse can today get?
re: We have to have a Special Prosecutor to win here
Posted by a want on 2/2/18 at 2:17 pm
This is what you wanted. You knew Trump was a clown going in. That was the point, remember?
And spare us the "the dems are screwing us" routine. Republicans head the FBI, the DOJ, the House, the Senate and the presidency.
And spare us the "the dems are screwing us" routine. Republicans head the FBI, the DOJ, the House, the Senate and the presidency.
re: Is the dossier the only evidence that Mueller is using in the DT investigation?
Posted by a want on 2/2/18 at 1:52 pm
No
re: What is Trump's best move ahead regarding firings and such?
Posted by a want on 2/2/18 at 1:51 pm
quote:
My first action as president elect would have been to demand the resignation of every executive branch Obama appointee by noon on the first day of work, with the understanding that anyone who didn't comply would be fired by 5pm the same day.
This is why people like you and Trump shouldn't be in executive positions.
You guys tend to go with the Chuck Norris/"These colors don't run" approach to everything.....because it sounds cool.
re: Here is schiffs play, guarantee it.
Posted by a want on 2/2/18 at 1:32 pm
He already drafted it. HIC already voted (along partisan lines) not to release it.
re: AG Sessions: "Rosenstein is the leadership we want."
Posted by a want on 2/2/18 at 1:14 pm
Also: I think it's hilarious that you guys blindly trust Trump over Sessions, the FBI (led by an appointment of his), and the DOJ (also led by his appointment) and many prominent republicans.
Maybe it's time for you all to accept the fact that Trump really is a douche bag.
Maybe it's time for you all to accept the fact that Trump really is a douche bag.
re: AG Sessions: "Rosenstein is the leadership we want."
Posted by a want on 2/2/18 at 1:11 pm
Trump had the firing all set-up, too. He's going to have a conniption. :lol:
re: Best summary of the memo so far. A little bit for everyone
Posted by a want on 2/2/18 at 1:09 pm
quote:
there seems to be little or no revelation about sources and methods in it
And Ed Morrissey, and you and I have no idea whether or not this is true.
re: Can we all agree nothing in that memo "threatened national security"?
Posted by a want on 2/2/18 at 12:56 pm
quote:
When Isikoff was at NBC he had a researcher named Taylor Sears. Guess where Sears was working during this time period.
Fusion F'ing GPS
Hmmm
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