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The vaccine for the novel coronavirus should be

available to all Americans
- 4 (100%)
available only to Americans who can afford $3000 or whose insurance covers it
- 0 (0%)

Total Members Voted: 4

Voting closed: March 04, 2020, 12:32:27 PM


Pages: 1 ... 1850 1851 [1852] 1853 1854 ... 2084

Author Topic: Trump Administration  (Read 293135 times)

FlyingVProd

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Re: Trump Administration
« Reply #27765 on: February 21, 2020, 08:40:56 PM »

I hope that all of you make a fortune, I wish you all the best of success, we all deserve it.

One of my best buddies, he is gone now, but he cooked steak and lobster for the homeless people in the shelters that he managed.

Life does not need to be so hard.

Salute,

Tony V.
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REDSTATEWARD

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Re: Trump Administration
« Reply #27766 on: February 21, 2020, 09:19:19 PM »

Josh,  thanks for the kind words,  and especially thanks for reminding me how median and average are so divergent in America.   

Japan offers one possible path to raise median net worth,  which is that they buy fewer consumer items per capita and thus sock more of their wages into long-term savings.  As Krug Man has noted,  high rates of personal saving often indicates a healthy economy.
Uh, no.
But your Japan assessment  is what you get for reading the “ Krug Man”. LOL
The Nikkei Stock Average crashed in 1989 and today is 39% below its all-time high.

Worse. The Japan national pension fund can’t keep up with the country’s elderly population. So,
a typical couple would have to save at least $185,000—in addition to whatever they contributed to their pension over their lifetime—to sustain themselves after retiring.

This is not a sign of a healthy economy.

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barton

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Re: Trump Administration
« Reply #27767 on: February 21, 2020, 09:29:05 PM »

That was the point,  oh thickheaded one.   Things would have crunched harder were it not for the higher rate of savings.   Neither Krugman,  nor I,  say any economy is bulletproof,  just that,  whatever else goes on,  higher rates of personal saving is a buffer and also allows faster recovery.   And I said "often indicates, " not "always ensures. "

Thanks for parade wishes!   I had some hemorrhoid tissue last year that I thought would have made a great float,  if blown up to about fifty feet,  in the Macy's parade.  I can send you some pictures,  if you're interested. 
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"History doesn't repeat itself, but it often rhymes. "

LarryBnDC

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Re: Trump Administration
« Reply #27768 on: February 21, 2020, 09:37:14 PM »



Most politicians are millionaires, given that having a million dollars in assets no longer makes you wealthy (this I know from personal experience).  For many millionaires, it is just a matter of having one house,  some savings,  and an IRA.   It's not 1952, when a millionaire was generally someone who could buy a yacht and a second mansion.   

Anyway,  being affluent is not a substantial argument for or against a politician's position on worker rights and advancement.   If someone has an actual point about their policy ideas,  then there would be an actual discussion.   Otherwise,  zzzzzzzzz

Having a million dollars in assets makes you wealthy.

"The median net worth of the average U.S. household is $97,300." Under 35, it's about $73.5 k.

That you have an IRA and a house sufficient to put your wealth in that category is great - but while it is not J. Paul Getty land, you are so far above the median as to make a claim that you are not wealthy absurd.

I'll grant you that "a household in the U.S. has an average net worth of $692,100, according to the most recent data from the Federal Reserve’s Survey of Consumer Finances," but that's the arithmetic mean, Barton, which is more than a tad skewed by the folks in the top 1%.

https://www.marketwatch.com/story/whats-your-net-worth-and-how-do-you-compare-to-others-2018-09-24
Figures are from 2016

Used to be a saying a few years back about “rich and wealthy”

Shaw is rich. The guy who signs his checks is wealthy..
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“To be led by a fool is to be lead by the opportunists who control the fool." - Octavia Butler

REDSTATEWARD

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Re: Trump Administration
« Reply #27769 on: February 21, 2020, 10:00:01 PM »

That was the point,  oh thickheaded one.   Things would have crunched harder were it not for the higher rate of savings.
uh, no. Savings has done nothing for the Japanese Economy.
Quote
  Neither Krugman,  nor I,  say any economy is bulletproof,  just that,  whatever else goes on,  higher rates of personal saving is a buffer and also allows faster recovery.   And I said "often indicates, " not "always ensures. "
LOL
Savings has done nothing for the Japan Economy.

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josh

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Re: Trump Administration
« Reply #27770 on: February 21, 2020, 10:06:59 PM »


But Ward? Your attacking either of them is hilarious - the only reason that kind of duplicitous, hypocritical crap flies is that your party doesn't care if you are in bed with a racist crook and with the Russians.

Trump is no racist by any standard.
Nor is he in bed with the Russians.

https://mavenroundtable.io/theintellectualist/news/trump-says-warning-about-russian-interference-in-the-2020-election-is-a-hoax-a9G1sx61b0iufQh3WmKCOw?fbclid=IwAR2XuHGcK4aetWCeW4iixom5pRzDjmwe9e9OEdJ3U_RtOnFd7IEO8_Nv62Y

Trump remains in bed with the Russians.

Ward remains devoted to Trump's lies.
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The day Richard Nixon failed to answer that subpoena is the day he was subject to impeachment because he took the power from Congress over the impeachment process away from Congress, and he became the judge and jury." ~Lindsey Graham

barton

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Re: Trump Administration
« Reply #27771 on: February 21, 2020, 10:30:37 PM »

That was the point,  oh thickheaded one.   Things would have crunched harder were it not for the higher rate of savings.
uh, no. Savings has done nothing for the Japanese Economy.
Quote
  Neither Krugman,  nor I,  say any economy is bulletproof,  just that,  whatever else goes on,  higher rates of personal saving is a buffer and also allows faster recovery.   And I said "often indicates, " not "always ensures. "
LOL
Savings has done nothing for the Japan Economy.

For your edification....

https://www.investopedia.com/financial-edge/0310/savings-are-a-blessing-in-a-slow-recovery.aspx

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"History doesn't repeat itself, but it often rhymes. "

josh

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The day Richard Nixon failed to answer that subpoena is the day he was subject to impeachment because he took the power from Congress over the impeachment process away from Congress, and he became the judge and jury." ~Lindsey Graham

josh

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Re: Trump Administration
« Reply #27773 on: February 21, 2020, 10:48:34 PM »

https://www.axios.com/2020-election-elizabeth-warren-black-future-action-fund-babadf81-92fa-4c5d-b977-f5d5c3ad9861.html?fbclid=IwAR0L5-KGTShfsdUD_ilyBR8Gws42hS5Cns_UuwSE2wbPHJTKyMDwoyRLe9E

Quote
Black to the Future Action Fund, a think tank and political organizing group, was formed by Black Lives Matter co-founder Alicia Garza. This is their first endorsement of a presidential candidate, though they've endorsed down-ballot Democrats like Stacey Abrams and Lucy McBath.

What they're saying: Garza told Axios that the group likes Warren's "analysis of how power operates in this country" and have decided that she is the best vehicle to help shift power in the direction of our communities."
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The day Richard Nixon failed to answer that subpoena is the day he was subject to impeachment because he took the power from Congress over the impeachment process away from Congress, and he became the judge and jury." ~Lindsey Graham

REDSTATEWARD

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Re: Trump Administration
« Reply #27774 on: February 21, 2020, 11:02:55 PM »

That was the point,  oh thickheaded one.   Things would have crunched harder were it not for the higher rate of savings.
uh, no. Savings has done nothing for the Japanese Economy.
Quote
  Neither Krugman,  nor I,  say any economy is bulletproof,  just that,  whatever else goes on,  higher rates of personal saving is a buffer and also allows faster recovery.   And I said "often indicates, " not "always ensures. "
LOL
Savings has done nothing for the Japan Economy.

For your edification....

https://www.investopedia.com/financial-edge/0310/savings-are-a-blessing-in-a-slow-recovery.aspx
LOL
At least you had the good sense to abandon Japan as any role model for economic growth.
As for us. THE CBO reports the economy has grown faster than it predicted in2016 and a bonus has been lower borrowing costs for both the Government and consumers.
Makes you wonder how Krugman keeps his job. 
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facilitatorn

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Re: Trump Administration
« Reply #27775 on: February 21, 2020, 11:25:40 PM »

Usual lack of citation from the trumpophant on a skewed economic boast meant to hide the rolling disaster his favored polices have loosed on the disapproving majority in this country.
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“The President shouldn’t be worse than the disease.”

josh

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Re: Trump Administration
« Reply #27776 on: February 21, 2020, 11:41:28 PM »


But Ward? Your attacking either of them is hilarious - the only reason that kind of duplicitous, hypocritical crap flies is that your party doesn't care if you are in bed with a racist crook and with the Russians.

Trump is no racist by any standard.
Nor is he in bed with the Russians.

https://news.yahoo.com/rohrabacher-confirms-he-offered-trump-pardon-to-assange-for-proof-russia-didnt-hack-dnc-email-131438007.html

Trump remains in bed with the Russians.

Quote
“White House press secretary Stephanie Grisham immediately denounced the claim about a pardon discussion with Assange as a “complete fabrication,” adding that the president “barely knows Dana “Rohrabacher”

Just like he "barely knows" Lev Parnas.

Ward remains devoted to Trump's lies.
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The day Richard Nixon failed to answer that subpoena is the day he was subject to impeachment because he took the power from Congress over the impeachment process away from Congress, and he became the judge and jury." ~Lindsey Graham

josh

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Re: Trump Administration
« Reply #27777 on: February 22, 2020, 12:34:23 AM »

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The day Richard Nixon failed to answer that subpoena is the day he was subject to impeachment because he took the power from Congress over the impeachment process away from Congress, and he became the judge and jury." ~Lindsey Graham

facilitatorn

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FlyingVProd

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Re: Trump Administration
« Reply #27779 on: February 22, 2020, 02:39:46 PM »

I almost got rich twenty years ago...

Hugh Hefner liked my script for "Echo, A Rock and Roll Tragedy" and he was going to put up the money if someone he knew and trusted would direct it, and so we picked Oliver Stone based on his work on "The Doors" and Hef said that if Oiliver Stone would direct my movie that he would put up the money. So, I sent my script to Oliver, but unfortunately he turned me down. Then when Oliver turned me down Hef backed out. Consequently I lost the money.

If Oliver would have said "Yes," then I would be rich right now.

I still have my script though, it is like money in the bank. And I have my poetry book.

Salute,

Tony V.

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