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11-10-2017, 09:48 AM
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#46
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by SpeedRacerXXX
Name another success story that has had an affect on the average person on the street.
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By that standard: Obaminable didn't have any!
Now. Back to the thread topic.
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11-10-2017, 10:15 AM
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#47
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,350
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Quote:
Originally Posted by LexusLover
By that standard: Obaminable didn't have any!
Now. Back to the thread topic.
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Nice deflection. You didn't answer the question. As usual. The thread topic has to do with a success for Trump, debatable as it may be. It is hardly off topic to say, okay, he had a singular success. In 10 months. Not much of a success story in my opinion. What else you got?
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11-10-2017, 10:23 AM
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#48
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by SpeedRacerXXX
Nice deflection. You didn't answer the question. As usual. The thread topic has to do with a success for Trump, debatable as it may be. It is hardly off topic to say, okay, he had a singular success. In 10 months. Not much of a success story in my opinion. What else you got?
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This is Trump's greatest, singular accomplishment, speedy. It's one we as citizens of this Republic can savor for the rest of our lives, speedy. And in comparison, speedy, your opinion means zilch.
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11-10-2017, 10:30 AM
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#49
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,350
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Quote:
Originally Posted by LexusLover
Fortunately, there are more success stories than one. The market is doing better under Trump than Obaminable ... like 2x's plus. The problem yesterday is: concerns that Congress will not pass a tax cut plan. So the POTUS only affects the markets with announced plans, but unlike Obaminable Trump wants Congress to kiss the deals he wants unless it is wholly within his authority to do so.
Trump is a businessman. Obaminable was a government employee.
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You have a serious problem with math and charts.
On March 6, 2009, the DJIA was at 6,626. On January 15, 2010, the DJIA was 10,605. A gain of 3,979 or 60%. On Trump's inauguration day January20, 2017 the DJIA was at 19,827. Today it is at 23,422. a gain of 3,595 or 18%.
So within a 10 month period, under Obama the DJIA went up 60%. In Trump's first 10 months in office, the DJIA went up 18%. That's math even a lying, ignorant, redneck, hillbilly should be able to understand.
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11-10-2017, 10:32 AM
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#50
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,350
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Quote:
Originally Posted by I B Hankering
This is Trump's singularly greatest accomplishment, speedy. It's one we as citizens of this Republic can savor for the rest of our lives, speedy. And in comparison, speedy, your opinion means zilch.
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As does your opinion, resident idiot of ECCIE. Still have a long way to go to find out the legacy of Donald Trump.
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11-10-2017, 10:40 AM
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#51
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by SpeedRacerXXX
As does your opinion, resident idiot of ECCIE. Still have a long way to go to find out the legacy of Donald Trump.
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And for as long as hildebeest remains the alternative on record, Trump's legacy will do just fine, speedy.
Quote:
12 months later, Trump would probably still win the 2016 election
[E]ven as Trump's disapproval rating has reached a new high of 59 percent, he has still got enough of a base to win reelection if there were a rematch today ... if he wound up facing the same historically unpopular Democratic nominee that he did in 2016 ... hildebeest's numbers appear to have gotten even worse in the year since her election loss; a poll last week showed that she is viewed even more unfavorably than Trump is.
(WaPo)
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11-10-2017, 01:24 PM
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#52
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Valued Poster
Join Date: Dec 31, 2009
Location: Georgetown, Texas
Posts: 9,350
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Quote:
Originally Posted by I B Hankering
And for as long as hildebeest remains the alternative on record, Trump's legacy will do just fine, speedy.
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Very few people, Republican or Democrat, would argue that Hillary Clinton was the best nominee for the Democratic party in 2016. Sanders no better. Hard to believe that in the 8 years Obama was in office a more creditable candidate than Hillary Clinton could not be found to run for POTUS on the Democratic side. So we have Donald Trump, who in 10 months has no major legislative victories. Oh well. The U.S. will survive.
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11-10-2017, 02:04 PM
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#53
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 45,234
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Quote:
Originally Posted by SpeedRacerXXX
Very few people, Republican or Democrat, would argue that Hillary Clinton was the best nominee for the Democratic party in 2016. Sanders no better. Hard to believe that in the 8 years Obama was in office a more creditable candidate than Hillary Clinton could not be found to run for POTUS on the Democratic side. So we have Donald Trump, who in 10 months has no major legislative victories. Oh well. The U.S. will survive.
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Was it Trumps fault that there isn’t a major legislative victory? McConnell himself said things take a longtime to get done in Congress. Trumps ready to sign what Congress can get to his desk. It took Obama, Reid and Pelosi 18 months to fuckup our health care system. But GDP is up, unemployment down, border crossings down, regulations lifted, and the Califate is almost destroyed. And a new conservative judge on the Supreme Court along with 100 federal judges he’s going to appoint. And then there’s this:
http://www.independent.co.uk/news/bu...45061.html?amp
Trump Tower wasn’t built in a day.
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11-10-2017, 02:21 PM
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#54
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,272
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Originally Posted by WTF
Printing more money does not alter the size the economy; it simply reduces the value of each dollar. The seductive aspect of having the Fed pay for government expenditures is that, unlike taxes, the cost of printing money is invisible. Almost no one is even aware that they have paid for part of a drone strike.
Quote:
Originally Posted by dilbert firestorm
moron!!!
reducing/increasing the value of the dollar affects the economy. to say that it doesn't is bullshit.
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Let me try and explain it to you in simple math terms...
Dollar x Dollar Valuation (Buying Power) = Economy
10 x 10 = 100
Say you added/print 10 dollars to the equation and the dollar buying power went down in ratio
So you double the dollars and thus reduce the dollars value by half.
10 + 10 x 10/2 = 100
or
20 x 5 = 100
What part of that do you not understand?
.
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11-10-2017, 05:37 PM
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#55
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BANNED
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 19,475
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WTF is a Milton Friedman Acolyte!
Quote:
Originally Posted by WTF
Let me try and explain it to you in simple math terms...
Dollar x Dollar Valuation (Buying Power) = Economy
10 x 10 = 100
Say you added/print 10 dollars to the equation and the dollar buying power went down in ratio
So you double the dollars and thus reduce the dollars value by half.
10 + 10 x 10/2 = 100
or
20 x 5 = 100
What part of that do you not understand?
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Hahahaha! Look at that, folks! Never thought I would see the day when Professor Simple-Minded Simpleton struggled to explain Milton Friedman's Quantity Theory of Money (QTM)!
Of course, like everything else he claims to understand, he gets it wrong.
The actual relationship is (crudely) expressed as M x V = P x Q.
where M = money supply
V = velocity of money (turnover)
P = price level
Q = economic output
I won't bore everyone with a full exposition, but the bottom line is - yes, you can increase the money supply (M) without necessarily or unduly pushing up prices (P) if the monetary expansion is offset by a decline in velocity (V). This is precisely what happened in recent years. Many economists expected the Fed's actions to result in a burst of inflation. They were wrong because the rate at which money turns over in the economy fell to 60-year lows.
Now go ask your friend Captain Midnight for a quick tutorial in monetarism!
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11-10-2017, 06:31 PM
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#56
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BANNED
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 19,475
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Quote:
Originally Posted by WTF
So your Defense Stocks are booming because the government is pouring our tax dollars in them.
That is like waging (sic) on the death of our soldiers. The more war and dead soldiers, the more money you will make on your Defense Stocks.
I hope you are proud of yourself.
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Quote:
Originally Posted by gnadfly
You're such a dumb fuck it is hilarious. Your reading comprehension problem is ALMOST as bad as your ability to draw logical conclusions.
The Defense Industry SAVES lives by building the best weapons systems to protect our soldiers and deter enemies from attacking us. Additionally it provides jobs to many people.
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+1
Way to bitch-slap WTFagboy with his latest copy of War Resisters League magazine! He is still stuck in the '60s, protesting the Vietnam War. His heroes are Jane Fonda and John Kerry. Now, on Veterans Day, he advocates not spending the money needed to equip our soldiers properly and keep them protected if and when they are sent into harm's way. He is doing exactly what he obscenely accuses you of - praying for "more Dead American soldiers" and "wagering" with their lives.
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11-10-2017, 06:44 PM
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#57
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Valued Poster
Join Date: Jan 3, 2010
Location: South of Chicago
Posts: 31,214
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Quote:
Originally Posted by SpeedRacerXXX
Very few people, Republican or Democrat, would argue that Hillary Clinton was the best nominee for the Democratic party in 2016. Sanders no better. Hard to believe that in the 8 years Obama was in office a more creditable candidate than Hillary Clinton could not be found to run for POTUS on the Democratic side. So we have Donald Trump, who in 10 months has no major legislative victories. Oh well. The U.S. will survive.
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You're deluded, speedy. Odumbo was in on the hildebeest "fix". Odumbo sold his soul to hildebeest for Slick Willie's support in 2008, speedy, and Odumbo promised hildebeest that it would be "her turn" in 2016. And Odumbo did his level best -- at public expense -- by using Air Force One to fly hildebeest's sorry ass everywhere ... everywhere but Wisconsin and Michigan because the pretender to the throne, hildebeest, negligently took Wisconsin and Michigan for granted, speedy.
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11-10-2017, 07:00 PM
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#58
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BANNED
Join Date: Jan 8, 2010
Location: Steeler Nation
Posts: 19,475
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Quote:
Originally Posted by WTF
Of course. It makes perfect sense that the biggest looming worry for the market is the reversal of what got us here in the first place.
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Why are you SHOUTING when YOU are the one not making sense? Worried markets don't generally climb by 28.5% as the DJIA has done since Trump's election.
https://www.marketwatch.com/story/th...945-2017-11-08
And as I already told you in another thread, the Federal Reserve ended quantitative easing 3 years ago. Since then, this policy that you call "printing more money" has been partially reversed as the Fed's $4 trillion bond portfolio matures and/or is sold off. So what you deem "the biggest looming worry for the (stock) market" is in fact already occurring - and it hasn't put the slightest damper on the party!
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11-10-2017, 10:51 PM
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#59
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,272
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Quote:
Originally Posted by dilbert firestorm
moron!!!
reducing/increasing the value of the dollar affects the economy. to say that it doesn't is bullshit.
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Quote:
Originally Posted by WTF
Originally Posted by WTF
Let me try and explain it to you in simple math terms...
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Quote:
Originally Posted by lustylad
Hahahaha! Look at that, folks! Never thought I would see the day when Professor Simple-Minded Simpleton struggled to explain Milton Friedman's Quantity Theory of Money (QTM)!
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I was explaining to poor dilbert...
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11-10-2017, 10:53 PM
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#60
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,272
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Quote:
Originally Posted by lustylad
. So what you deem "the biggest looming worry for the (stock) market" is in fact already occurring - and it hasn't put the slightest damper on the party!
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What goes up will come down unless you no longer believe in the business cycle or bubbles via government intervention. But so far it has been a good bet.
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