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AGelbert

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Here Comes the 🦀 #TrumpRecession
« Reply #645 on: August 20, 2019, 12:42:11 pm »
 

Here Comes the 🦀 #TrumpRecession

August 20, 2019 8:00am by Barry Ritholtz 

https://ritholtz.com/2019/08/here-comes-the-trumprecession/



But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Re: Money
« Reply #646 on: August 20, 2019, 06:54:06 pm »
Agelbert NOTE: It's nice to see some Trumpers waking up to reality. 8)

Quote

IntelligenceActs
Seems to me that, more and more each day, this ASSHAT named Donald J Trump, continues to expose himself as an ELITIST pimp. Capital gains tax cut? Are you kidding me? 5% of the middle class owns stocks. I'm convinced. Trump works for the DEEP STATE. Sadly, I voted for him, but never again:).

Speculum
Capital gains tax cuts will do nothing to stimulate the economy. That money just stays back in the accounts of those who don't need the tax cut. The last tax cut given to corporations with no strings attached never got reinvested in the country, all that happened was stock buy backs. Reduce the personal income tax rate down to 15% and people will start spending, because that is the only thing that holds our economy together, along with the industrial military complex. I voted for the man. He spoke a great game. Sadly he fell through on what he said he would do.

Article the above comments are posted on:

Tue, 08/20/2019 - 15:59


The problem Trump has is that he thinks the economy is Wall Street. I am hoping that he continues to believe that baloney because it will guarantee the end of his political career in 2020. While it is true that Trump does this trial ballon stuff as a reality TV show stunt to keep people interested, anyone with two brain cells to rub together knows that Trumplethinskin is owned by American Oligarchs. So, this may be a distraction to prevent people from concentrating on all his white supremacist racist kotowing and thoroughly perverted connections to Epstein, da MOB and so on.

He could just back off from this continuous frontal attack on working and retired middle class and poor Americans just before the election and win/steal another 4 years in the White House. My wife thinks he ain't goin' away.

She may be right. Trump has too many friends in high (perverted) places. He makes average perverts among the rich look respectable. So, they may just keep him there for the hell of it. And believe you me, HELL has everything to do with Trump being where he is.

I will be pleasantly surprised if Trump loses the (s)election in 2020. But, my wife has been right on who wins the presidential election for decades. In fact, I don't recall when she was wrong.

They say there is a first time for everything. My hope is that Trump loses to Sanders. I do not think I can live another four years under the Trump Fascists. If Trump wins, I'll probably be dead long before 2024.

But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

Surly1

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Re: Money
« Reply #647 on: August 20, 2019, 09:04:22 pm »
The problem Trump has is that he thinks the economy is Wall Street. I am hoping that he continues to believe that baloney because it will guarantee the end of his political career in 2020. While it is true that Trump does this trial ballon stuff as a reality TV show stunt to keep people interested, anyone with two brain cells to rub together knows that Trumplethinskin is owned by American Oligarchs. So, this may be a distraction to prevent people from concentrating on all his white supremacist racist kotowing and thoroughly perverted connections to Epstein, da MOB and so on.

A capital gains cut and/or even a payroll tax cut are just a way of borrowing against the future to force the eventual confiscation of SSi and Medicare. As George Carlin said, "They're coming for your Social Security and Medicare, and you know what? they'll get it."


He could just back off from this continuous frontal attack on working and retired middle class and poor Americans just before the election and win/steal another 4 years in the White House. My wife thinks he ain't goin' away.

She may be right. Trump has too many friends in high (perverted) places. He makes average perverts among the rich look respectable. So, they may just keep him there for the hell of it.

He has several fallbacks. Mitch McConnell. the Supreme Court, to vitiate any conceivable electoral challenge. (You thought the fix was in for Bush v. Gore?) The Russians. And if all else fails, his phalanx of heavily armed fascist goons. Which will give the armed forces some pause. No one wants another Branch Davidian compound at the White House. ... Hmm, wait a minute...
« Last Edit: August 20, 2019, 10:27:11 pm by AGelbert »

AGelbert

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Re: Money
« Reply #648 on: August 20, 2019, 10:13:30 pm »
The problem Trump has is that he thinks the economy is Wall Street. I am hoping that he continues to believe that baloney because it will guarantee the end of his political career in 2020. While it is true that Trump does this trial ballon stuff as a reality TV show stunt to keep people interested, anyone with two brain cells to rub together knows that Trumplethinskin is owned by American Oligarchs. So, this may be a distraction to prevent people from concentrating on all his white supremacist racist kotowing and thoroughly perverted connections to Epstein, da MOB and so on.

A capital gains cut and/or even a payroll tax cut are just a way of borrowing against the future to force the eventual confiscation of SSi and Medicare. As George Carlin said, "They're coming for your Social Security and Medicare, and you know what? they'll get it."


He could just back off from this continuous frontal attack on working and retired middle class and poor Americans just before the election and win/steal another 4 years in the White House. My wife thinks he ain't goin' away.

She may be right. Trump has too many friends in high (perverted) places. He makes average perverts among the rich look respectable. So, they may just keep him there for the hell of it.

He has several fallbacks. Mitch McConnell. the Supreme Court, to vitiate any conceivable electoral challenge. (You thought the fix was in for Bush v. Gore?) The Russians. And if all else fails, his phalanx of heavily armed fascist goons. Which will give the armed forces some pause. No one wants another Branch Davidian compound at the White House. ... Hmm, wait a minute...

I guess that means you too believe Trump ain't goin' away in 2020. I hope you and my wife are wrong. But really, it does not matter what any of us think. We are all just doing our time in the valley of tears.
But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

Surly1

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Re: Money
« Reply #649 on: August 21, 2019, 06:57:43 am »
The problem Trump has is that he thinks the economy is Wall Street. I am hoping that he continues to believe that baloney because it will guarantee the end of his political career in 2020. While it is true that Trump does this trial ballon stuff as a reality TV show stunt to keep people interested, anyone with two brain cells to rub together knows that Trumplethinskin is owned by American Oligarchs. So, this may be a distraction to prevent people from concentrating on all his white supremacist racist kotowing and thoroughly perverted connections to Epstein, da MOB and so on.

A capital gains cut and/or even a payroll tax cut are just a way of borrowing against the future to force the eventual confiscation of SSi and Medicare. As George Carlin said, "They're coming for your Social Security and Medicare, and you know what? they'll get it."


He could just back off from this continuous frontal attack on working and retired middle class and poor Americans just before the election and win/steal another 4 years in the White House. My wife thinks he ain't goin' away.

She may be right. Trump has too many friends in high (perverted) places. He makes average perverts among the rich look respectable. So, they may just keep him there for the hell of it.

He has several fallbacks. Mitch McConnell. the Supreme Court, to vitiate any conceivable electoral challenge. (You thought the fix was in for Bush v. Gore?) The Russians. And if all else fails, his phalanx of heavily armed fascist goons. Which will give the armed forces some pause. No one wants another Branch Davidian compound at the White House. ... Hmm, wait a minute...

I guess that means you too believe Trump ain't goin' away in 2020. I hope you and my wife are wrong. But really, it does not matter what any of us think. We are all just doing our time in the valley of tears.

I worry about it, because of the way he "jokes" about making his office permanent. As the old Slavic proverb has it, "Many a truth is told in jest."

I too hope I am wrong, but when it comes to outrages to both past practice and common decency, this administration rarely disappoints.

AGelbert

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Re: Money
« Reply #650 on: August 21, 2019, 01:22:24 pm »
I guess that means you too believe Trump ain't goin' away in 2020. I hope you and my wife are wrong. But really, it does not matter what any of us think. We are all just doing our time in the valley of tears.

Quote
I worry about it, because of the way he "jokes" about making his office permanent. As the old Slavic proverb has it, "Many a truth is told in jest."

I too hope I am wrong, but when it comes to outrages to both past practice and common decency, this    administration rarely disappoints.

True.
But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Re: Money
« Reply #651 on: August 21, 2019, 03:44:45 pm »
No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon. - Matthew 6:24 King James Version (KJV)

Pope Francis Confronts the “Idolatry of Money” – RAI with Matthew Fox (7/8)
August 20, 2019

With his criticism of excessive capitalism and of climate change, Pope Francis has become the target of the far-right, and especially of the secretive Opus Dei sect within the Catholic Church, explains former priest Matthew Fox


https://therealnews.com/stories/pope-francis-confronts-the-idolatry-of-money-rai-with-matthew-fox-7-8

But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Re: Money
« Reply #652 on: August 22, 2019, 12:35:28 pm »
Agelbert NOTE: This program, Published on November 26, 2018, is every bit as pertinent today as it was last Novenmer, if not more so.

Economic Update: Why Capitalism Demonizes Government
56,536 views


But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Re: Money
« Reply #653 on: August 24, 2019, 08:44:59 pm »
But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Zeronetwork is correct. 👀
« Reply #654 on: August 27, 2019, 04:12:10 pm »

Zeronetwork 40 minutes ago: America is fighting wars since 93 to save $. Sadam’s crime was trying to sell oil in euro. Qaddafi tried to sell in gold and so on. But ameis out of ammo now.

 


Tue, 08/27/2019 - 14:48

But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Working Class History and the 2020 Election
« Reply #655 on: August 27, 2019, 06:00:46 pm »
Economic Update: Working Class History and the 2020 Election
61,307 views


Democracy At Work
Published on Aug 19, 2019

[S9 E32]  Working Class History and the 2020 Election

**We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: https://www.patreon.com/economicupdate

THIS WEEK'S TOPICS

This week on Economic Update, Professor Wolff explores the historic parallels of the U.S. working class and politics in the U.S. He begins by exploring how and why the Great Depression of the 30’s married the U.S. working class to FDR's Democratic Party and then explains how that led to both the Democratic and Republican parties becoming pro-capitalist - which has led to both parties presiding over the exponential growth of income and wealth inequalities along with the political power the richest 10% have, and exploit, over the working class in the U.S. today. Professor Wolff goes on to show that because of this, Trump landing in the White House was a result of the working class’ disgust with both parties. Professor Wolff ends with a discussion about the implications of this history for the upcoming 2020 election.
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Category News & Politics
But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Why Right-to-Work is WRONG!
« Reply #656 on: September 05, 2019, 01:36:10 pm »
Robert Reich: Why Right-to-Work is Wrong
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Robert Reich
Published on Aug 8, 2018

Robert Reich explains how right-to-work laws hurt workers and unions.

Watch More: How to Prevent Future🦀 Trumps ►►



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Category News & Politics
But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Economic Update: Corporate Capitalism in Decline [FULL EPISODE]
94,966 views


Democracy At Work
Published on Sep 2, 2019

We are off this week due to the federal holiday, but we hope you enjoy this older episode with guest Chris Hedges!

**We make it a point to provide the show free of ads. Please consider supporting our work. Become an EU patron on Patreon: https://www.patreon.com/economicupdate

---
THIS WEEK'S TOPICS (w/timestamps):
00:54 - Capitalism and hurricanes;
10:36 - the business of drug addiction and overdose;
18:13 - how poverty has caused hookworm to resurface in North America;
20:34 - announcements;
22:16 - and the economics of elite universities' tax avoidance.
28:10 - SPECIAL GUEST: Chris Hedges joins Wolff to talk about a declining, decaying capitalism. 
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Chris Hedges is a columnist for TruthDig; he teaches at Princeton University in a program for incarcerated prisoners; he's a Pulitzer Prize winning journalist and a New York Times best selling author. His most recent work is called "America the Farewell."
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Category News & Politics

But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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Trump to Return Fannie Mae and Freddie Mac to the 💵🎩😈 Private Sector: "Be Very Afraid"
5,792 views


The Real News Network
Published on Sep 8, 2019

Prof. Richard Wolff explains that Trump's plan to re-privatize the mortgage loan companies Freddie Mac and Fannie Mae opens the door to the factors that caused the 2008 financial crisis

Subscribe to our page and support our work at https://therealnews.com/donate.

Category News & Politics
But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

AGelbert

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The Last Time Banks Did This... They Caused A Financial Crash w/Richard Wolff
35,436 views•Published on Sep 12, 2019


Thom Hartmann Program
171K subscribers

Banks make their money from depositors by lending to others.

Banks lend out almost all the money they have on deposit and this means that there could be a bank panic if a lender can’t retrieve their deposits.

The banks are supposed to hold a percentage of every dollar in reserves, which means they have a large pile of money.

What happens if the government wants to stimulate the economy, by telling the banks they can lend out part of their held deposits or all of it?

The last time the banks were able to lend out their reserves... we found ourselves in a global financial crash!

Dr. Richard Wolff explains to Thom how all this works.

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But Peter said unto him, Thy money perish with thee, because thou
hast thought that the gift of God may be purchased with money. Acts 8:20

 

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