Re: Fox News bogus headline
[Re: k snow]
#6675184
11/25/19 01:30 PM
11/25/19 01:30 PM
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Law Dog
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The problem with immagration was the way it was done importing masses that did not need to learn our ways as they had no reason to and it might not of been encouraged to learn them. Rather then individuals who would need to learn or ways. Immagration was voter tool for the big O nothing more the fallout did not matter.
Was born in a Big City Will die in the Country OK with that!
Jerry Herbst
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Re: Fox News bogus headline
[Re: Diggerman]
#6675236
11/25/19 02:34 PM
11/25/19 02:34 PM
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hippie
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If I borrow $100 and pay back $102.5 or borrow $100 and pay back $ 100.25. Seems to me the difference is $2.25. Both seem like a pretty good deal and would not deter people from borrowing.
Do you know how many Presidents have presided over this country with interest rates higher than these with better economic results?
The Fed targets 2-5% rate. When they drop it below 2 they are trying to stimulate the economy like they did under OBAMA and now during the greatest economy in the history of the U.S.
With better results? Really? That rock you are living under must be a tinfoil rock. Trust me when I tell you there is a world of difference between .025 and .25. Obama had .025 for his whole presidency, as soon as Trump got sworn in the confidence the Fed had in Trump aloud them to raise rates up to TEN TIMES what they had been for the last EIGHT years. If the jealous dems would get of their butts and ratify the mexcanada deal, China would fall right in behind and rates will go to about 4% just to slow down the economy. But no, we are mired down in jealousy and hate, politicians would rather fight each other than fight for whats right. Very well stated! The dems should be ashamed for not passing the Canada/Mexico trade deal. Treason is more like it, imo. And there are brain-dead ones that think Obama did something special for our economy.lol. All he did was spend the rest of the bail-out money Bush hadn't doled out. If anytbing , Obama did all he could to stunt it which he was pretty successful at. As soon as Trump was elected things took off.
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Re: Fox News bogus headline
[Re: Diggerman]
#6675245
11/25/19 02:43 PM
11/25/19 02:43 PM
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Joined: Nov 2008
Posts: 4,548 Cleveland IL
muddyriverdogz
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If I borrow $100 and pay back $102.5 or borrow $100 and pay back $ 100.25. Seems to me the difference is $2.25. Both seem like a pretty good deal and would not deter people from borrowing.
Do you know how many Presidents have presided over this country with interest rates higher than these with better economic results?
The Fed targets 2-5% rate. When they drop it below 2 they are trying to stimulate the economy like they did under OBAMA and now during the greatest economy in the history of the U.S.
With better results? Really? That rock you are living under must be a tinfoil rock. Trust me when I tell you there is a world of difference between .025 and .25. Obama had .025 for his whole presidency, as soon as Trump got sworn in the confidence the Fed had in Trump aloud them to raise rates up to TEN TIMES what they had been for the last EIGHT years. If the jealous dems would get of their butts and ratify the mexcanada deal, China would fall right in behind and rates will go to about 4% just to slow down the economy. But no, we are mired down in jealousy and hate, politicians would rather fight each other than fight for whats right. Interest rates were at 2.5% for 7 month's . Then the yield curve inverted and the stock market started to come down. Then the Fed began lowering rates and had to launch (Not QE) REPO . What's that tell us ?
Last edited by muddyriverdogz; 11/25/19 02:56 PM.
You only live once, so get over it!
Tactics may change but the goal remains the same.
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Re: Fox News bogus headline
[Re: Dirt]
#6675248
11/25/19 02:46 PM
11/25/19 02:46 PM
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Joined: Nov 2008
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muddyriverdogz
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In the Awful year of 2016 when Chance (Obama) was President the fed rate was .75 at the end of the year. The next year was when Donald became President. Correct. they began raising rates before trump went into office. Wasn't Trump the one criticizing the Fed for low rates in the first place ? Yes the economy was fake under Obama as it was purchased with money borrowed from the future. It is just as fake under Trump as he will do the same and that is exactly what his tax cut did without cutting spending. That wore off though and the rates had to be lowered again. You will never see rates normalized going forward. The Fed lied when they said this was temporary.
Last edited by muddyriverdogz; 11/25/19 02:52 PM.
You only live once, so get over it!
Tactics may change but the goal remains the same.
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Re: Fox News bogus headline
[Re: k snow]
#6675253
11/25/19 02:50 PM
11/25/19 02:50 PM
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Dirt
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"After a protracted debate, Congress and President Obama agreed at the end of 2010 to extend the Bush tax cuts for two years, 2011 and 2012. They allowed the Making Work Pay Credit to expire but replaced it with a payroll tax “holiday,” which reduced Social Security payroll taxes paid in 2011, and this was eventually extended through 2012."
Who is John Galt?
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Re: Fox News bogus headline
[Re: muddyriverdogz]
#6675255
11/25/19 02:57 PM
11/25/19 02:57 PM
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Joined: Dec 2010
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Dirt
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In the Awful year of 2016 when Chance (Obama) was President the fed rate was .75 at the end of the year. The next year was when Donald became President. Correct. they began raising rates before trump went into office. Wasn't Trump the one criticizing the Fed for low rates in the first place ?Yes the economy was fake under Obama as it was purchased with money borrowed from the future. It is just as fake under Trump as he will do the same and that is exactly what his tax cut did without cutting spending. That wore off though and the rates had to be lowered again. You will never see rates normalized going forward. The Fed lied when they said this was temporary. YES
Who is John Galt?
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Re: Fox News bogus headline
[Re: hippie]
#6675258
11/25/19 03:06 PM
11/25/19 03:06 PM
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Posts: 4,548 Cleveland IL
muddyriverdogz
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He use to like blondes too. Lol Meet the new boss same as the old boss.
Last edited by muddyriverdogz; 11/25/19 03:08 PM.
You only live once, so get over it!
Tactics may change but the goal remains the same.
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Re: Fox News bogus headline
[Re: k snow]
#6675259
11/25/19 03:15 PM
11/25/19 03:15 PM
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Joined: Feb 2010
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hippie
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Re: Fox News bogus headline
[Re: k snow]
#6675272
11/25/19 03:34 PM
11/25/19 03:34 PM
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Dirt
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"How the (This word is unacceptable on Trapperman) do you compete with that? And Obama — remember this, it’s very important — Obama had zero interest,” the president told the Journal on Tuesday.
Maybe this is where this zero interest rate news comes from?
Who is John Galt?
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Re: Fox News bogus headline
[Re: Dirt]
#6675276
11/25/19 03:45 PM
11/25/19 03:45 PM
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muddyriverdogz
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"How the (This word is unacceptable on Trapperman) do you compete with that? And Obama — remember this, it’s very important — Obama had zero interest,” the president told the Journal on Tuesday.
Maybe this is where this zero interest rate news comes from? He is pushing for the Fed to take interest rates negative hardcore.I guess those tax cut's didn't pan out the way he hoped. Helicopter money will be next. There is no free market fundamentals at work anymore. No true price discovery. Fakery and lies are the new normal.
Last edited by muddyriverdogz; 11/25/19 03:48 PM.
You only live once, so get over it!
Tactics may change but the goal remains the same.
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Re: Fox News bogus headline
[Re: k snow]
#6675351
11/25/19 05:48 PM
11/25/19 05:48 PM
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Dirt
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"Federal Reserve Chair Jerome H. Powell told Congress’s Joint Economic Committee on Wednesday that he saw “no reason” the economic expansion can’t continue and that the central bank has no imminent plans for further interest rate cuts, despite ongoing pressure from President Trump. Powell’s comments came 24 hours after Trump bashed the Fed for not slashing interest rates more. Trump suggested the Fed lower interest rates so much that they would effectively be negative, a rare phenomenon that could lead banks to pay people for taking out loans. Asked about this, Powell largely dismissed the idea and said it would “certainly not be appropriate” in the current economic environment. " Barron'sCouldn't link the other quote.
Last edited by Dirt; 11/25/19 05:58 PM.
Who is John Galt?
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Re: Fox News bogus headline
[Re: k snow]
#6675502
11/25/19 08:40 PM
11/25/19 08:40 PM
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Joined: Nov 2008
Posts: 4,548 Cleveland IL
muddyriverdogz
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Just think you could take out loans just to collect the interest. lol
We should have done this decades ago !
Last edited by muddyriverdogz; 11/25/19 08:41 PM.
You only live once, so get over it!
Tactics may change but the goal remains the same.
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Re: Fox News bogus headline
[Re: k snow]
#6675672
11/25/19 11:33 PM
11/25/19 11:33 PM
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Dirt
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Best part was when he said the few people who applauded this ridiculous idea at an economics club were the smart ones.
Who is John Galt?
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