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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 03-27-2020, 09:00 PM   #1
WTF
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Default The Fed and Treasury are nationalizing markets...

https://www.bloomberg.com/amp/opinio...rom%20%251%24s


And you Tea Party little government numbnuts are cheering it on!
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Old 03-27-2020, 09:55 PM   #2
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Originally Posted by WTF View Post
https://www.bloomberg.com/amp/opinio...rom%20%251%24s


And you Tea Party little government numbnuts are cheering it on!

tea party has nothing to do with it
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Old 03-27-2020, 09:59 PM   #3
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Quote:
Originally Posted by WTF View Post
https://www.bloomberg.com/amp/opinio...rom%20%251%24s


And you Tea Party little government numbnuts are cheering it on!
Look, the whole situation sucks, but WTF else can we do?

Fuckers are going to steal as much as they can so that is why it is good to give as much money to the serfs as possible, directly, and loan out the other money and buy assets THAT CAN LATER BE SOLD, and the market "unnationalized".

The losses would be even greater without all the new funny money.

If Trump had been around we could have avoided the Great Depression back in the 30's!!
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Old 03-27-2020, 10:13 PM   #4
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tea party has nothing to do with it
I remember when those fuckers wet their diapers over 800 billion stimulus!
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Old 03-27-2020, 10:42 PM   #5
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Quote:
Originally Posted by WTF View Post
https://www.bloomberg.com/amp/opinio...rom%20%251%24s


And you Tea Party little government numbnuts are cheering it on!
It's Socialism Bullshit. Welcome to the "New world Order". If trump isn't part of it all, he's being held politically hostage. If this bullshit continues he might be forced to call Martial Law and he'll remain in office and there won't be an election.
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Old 03-27-2020, 10:42 PM   #6
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I remember when those fuckers wet their diapers over 800 billion stimulus!
What was your plan? We'll wait.

The problem about TARP, among other things, was the "shovel ready jobs" that never came.
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Old 03-27-2020, 10:48 PM   #7
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I remember when those fuckers wet their diapers over 800 billion stimulus!

different circumstances.
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Old 03-28-2020, 08:10 AM   #8
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Originally Posted by dilbert firestorm View Post
different circumstances.
quite true dilbert

the circumstances are different

the previous bailout was due to government and greed

this time, there's only china to blame

I say freeze all the assets owned by china we can, including their holdings of treasury notes, then sue the crap out of them in a new york city courtroom

according to investopedia, as of early 2020, the Chinese held 1.1 trillion of our debt

yeah the Chinese will respond , but they have already stolen the know-how of everything we manufacture or sell over there
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Old 03-28-2020, 08:12 AM   #9
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What was your plan? We'll wait.

The problem about TARP, among other things, was the "shovel ready jobs" that never came.
And you think giving the Fed and Treasury (which is the President basically) more power to print money and hand it out to whom ever he sees fit is the answer?

Remember, Trump will not be President forever....hell he may be gone in 8 months. You want Biden with this power?
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Old 03-28-2020, 08:19 AM   #10
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And you think giving the Fed and Treasury (which is the President basically) more power to print money and hand it out to whom ever he sees fit is the answer?

Remember, Trump will not be President forever....hell he may be gone in 8 months. You want Biden with this power?
wtf, it just seems we have escaped the bounds of normal supply and demand rules when it comes to us printing money

maybe its just for a time or maybe its because of our power otherwise, so our currency accepted

maybe its that every other country or amalgamation of countries are issuing their own stimulus packages and that makes us still ok on a relative basis

I don't know, my feelings are still being developed in this area, but it is weird how we can continue and continue to pile on the debt, with little consequence so far

but like the famous old fire and brimstone sermon, 'pay day, some day" says, we might be heading for a comeuppance
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Old 03-28-2020, 08:25 AM   #11
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Old 03-28-2020, 09:09 AM   #12
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Quote:
Originally Posted by WTF View Post
https://www.bloomberg.com/amp/opinio...rom%20%251%24s


And you Tea Party little government numbnuts are cheering it on!
Another thread to gin up faux outrage based on a bloomy published opinion piece that's full of the usual "might", "could", "in-effect", "if it continues for a year", etc. etc.

So more bloviating speculation of someone that the OP locks onto and pretends it actually has relevance or might even represent something in fact.
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Old 03-28-2020, 10:00 AM   #13
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Originally Posted by eccielover View Post
Another thread to gin up faux outrage based on a bloomy published opinion piece that's full of the usual "might", "could", "in-effect", "if it continues for a year", etc. etc.

So more bloviating speculation of someone that the OP locks onto and pretends it actually has relevance or might even represent something in fact.
Sounds like a page out of the Trump playbook.



Why yous Trumpholians don’t get the hypocrisy is bafflings.
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Old 03-28-2020, 10:53 AM   #14
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EL- +1
Just DPST propaganda.



Ftw does indeed want Biden to have the power.

Biden is so far gone he has no idea of the consequences of the Presidential "football" - he'll activate it to see a "Game"!
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Old 03-28-2020, 09:22 PM   #15
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the Republicans rail against Socialism, but when it comes to big handouts, they are at the front of the line.
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