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Author Topic: Money  (Read 23598 times)

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AGelbert

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Re: Money
« Reply #705 on: December 09, 2019, 12:27:48 pm »
Agelbert NOTE: Although the host of the video in this article and John Williams, both staunch 🐘 Republicans 👎, are doing all they can to point at anybody but their "populist" hero Trump 😇 for the dire economic situation the Federal "Reserve" is trying to paper over with "low" inflation LIES (real inflation is above 9%! >:(), GAMED unemployment numbers (real unemployment is over 20%! :o) and PANIC repo money printing (🐽 Trump and his Wrecking Crew are THE underlying CAUSE of this CRAP), they do recognize that things are BAD for the average consumer (i.e. the REAL economy).  They saw how Obama kowtowed to the banksters but are 🙈🙉🙊 blind, deaf and dumb about how Trump does it even more brazenly than Obama. Hopefully they will learn someday that the RESPONSIBILITY BUCK really does stop at the door of the POTUS.

Quote
Maybe that explains the Fed’s panic moves with $60 billion a month QE, which it says is not QE, and extreme intervention in the repo market where the Fed routinely pumps out tens of billions of dollars in liquidly a night. Williams says, “The system is not stable, and it probably is insolvent..."

Mon, 12/09/2019 - 10:40 
"I can see where the economy is based on the hard numbers even though 👹🎩 they do funny things with the numbers. We are seeing a very weak economy here. Again, the Fed tightened and 😈 they eased to help the banks, but  they did not do much to help the economy...The banks are not as healthy as they appear and as they have been promoted. The Fed may well be on the brink of the type of crisis they had back in 2007.”

Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Re: Money
« Reply #706 on: December 10, 2019, 05:51:33 pm »
Great Employment Numbers : 44% of Fully Employed Make $18,000 a Year or Less

December 10, 2019

Beneath the rosy employment report lives a reality of low-paying part-time and temporary work with no benefits or security. 💣


https://therealnews.com/stories/employment-numbers-fully-employed-low-pay-no-security
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Re: Money
« Reply #707 on: December 17, 2019, 04:24:37 pm »

Tue, 12/17/2019 - 16:00


Quote
Solosides
Another record fraud day, another record fleecing of the financially, morally, and intellectually bankrupt hopeless Ameridumb Public.

Yep.

Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Anti-Capitalist Chronicles: Global Unrest
« Reply #708 on: December 22, 2019, 01:31:59 pm »

Anti-Capitalist Chronicles: Global Unrest
7,448 views•Dec 19, 2019


Democracy At Work
143K subscribers

[S1 29] Global Unrest

To our Patreon community: thank you for supporting David Harvey's Anti-Capitalist Chronicles  on Patreon! Your support helps us compensate the staff and additional workers it takes to put an episode together. Thank you for being a part of the ACC team!

If you would like to support this project visit us at https://www.patreon.com/davidharveyacc

In the final episode of the season, Prof. Harvey starts with the protests in Chile and then talks about the unrest emerging all over the globe. Capitalism, particularly Neo-liberalism, is working for the 1% but is failing the rest of society. People are starting to notice and taking to the streets in protest.

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Category News & Politics
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

Surly1

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Major problems with China Trade Deal!
« Reply #709 on: December 23, 2019, 06:09:11 am »
Found this from a poster on the Diner FB page. About the Trump-China trade deal, which is obscured by double-talk and BS.

Major problems with China Trade Deal! China Invests Billions With Argentina and Brazil, many details obscure and will not be made public. Plus, it can never get done... still dotting "is" and crossing "ts."  The horrible fake information gets released regularly, yet people never seem to get enough. Just like life.

Something to consider is that if you know you are going to have a conflict with a particular nation in the future, why would you be reliant on buying food from them? Meanwhile, China makes infrastructure investments in countries all over there world-- something the US used to do.

https://www.youtube.com/watch?v=WyRNniMsgRQ&feature=emb_title

AGelbert

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Found this from a poster on the Diner FB page. About the Trump-China trade deal, which is obscured by double-talk and BS.

Major problems with China Trade Deal! China Invests Billions With Argentina and Brazil, many details obscure and will not be made public. Plus, it can never get done... still dotting "is" and crossing "ts."  The horrible fake information gets released regularly, yet people never seem to get enough. Just like life.

Something to consider is that if you know you are going to have a conflict with a particular nation in the future, why would you be reliant on buying food from them? Meanwhile, China makes infrastructure investments in countries all over there world-- something the US used to do.


I watched it. Great find, Surly! 

This graphic is quite revealing:


This is still more evidence that 🦀 Trump and his fascist wrecking crew are destroying the U.S. economy. 

Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Money 😈🎩💵 Printing ➡️ Wealth Gap ➡️ 💣 Societal Breakdown 😨 ➡️ Complete 💥 Collapse

26,429 views•Dec 20, 2019


The Money GPS
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Massive debt in the U.S. at this time is only further compounding every issue there already is in the economy as well as the financial system. When they print money, when they try to use QE (Quantitative Easing) as a method of supporting the financial system, it has historically, over eventually failed. They do this to funnel the money to the elite class and everything is going according to plan. This will get very interesting.

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#money #debt #economy
Category People & Blogs
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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The lack of an inflation adjustment is often 😈 intentional, says Len Burman, a tax economist who is a professor at Syracuse University and co-founder of the Tax Policy Center.

Social Security: The income thresholds for including Social Security payments in taxable income haven’t changed since they were enacted in the ‘80s and ‘90s.  >:( The income thresholds requiring filers to report 85% of payments on their tax return have been $44,000 for married couples and $34,000 for singles since 1994. They would be about $77,000 for couples and $60,000 for singles in 2020. :o  >:(

In many cases, the IRS is punishing people who saved for retirement. That isn’t fair, and it isn’t smart.

So we should demand Congress index Social Security taxation to inflation. Based on the 1983 threshold numbers, that would ensure that only singles making over about $64,000 year, and couples making over $82,000 a year, would have to pay taxes on their Social Security income.

 
« Last Edit: December 30, 2019, 05:38:20 pm by AGelbert »
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Fri, 01/03/2020 - 12:55

Quote
Shown below, 2019 was the fourth-highest year for job cut announcements since the financial crisis.


Read more:


Quote
A MAGA sign now sits in the farthest corner of my home collecting dust. What will one day be known as a relic of history, known as the day America made a grave mistake including myself. As the saying goes fool me once shame on you. I’m not going to let Trump fool me again.
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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The End of Cheap Money and Cheap Loans (w/ Richard Wolff)
6,461 views•Jan 2, 2020


Thom Hartmann Program
201K subscribers

The Federal Reserve is pouring money into the markets and it is swinging the markets. There are $4.16 trillion of funds in the Fed and the GDP is only $20 trillion.

Flooding the economy is a stimulus for the economy, but it has meant that we have become to expect and rely on low interest loans and money. It has become too dangerous to take the country off its intravenous drip of cheap money.

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How can this be resolved – and – can it be resolved?

Professor Dr. Richard Wolff explains how it all works.

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Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Poverty Keeps Millenials From Middle Class
« Reply #716 on: January 15, 2020, 04:30:20 pm »
Poverty Keeps Millenials From Middle Class
2,778 views•Jan 14, 2020


Thom Hartmann Program
203K subscribers

Millenials are being held back by extreme poverty and having trouble getting into the middle class, what will this do to our country?
 
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A whole generation is being pushed out of the middle class and it could have devasting effects on our country, years of reaganomics have added so much debt that Millenials no longer feel like they can get to the middle class.

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Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Poverty Is the New Draft
« Reply #717 on: January 15, 2020, 04:40:14 pm »
Agelbert NOTE: War, like every other fascist facet of the CAPITALIST modus operandi, is ALL ABOUT SOCIALIZING THE COSTS AND PRIVATIZING THE PROFITS.


Poverty Is the New Draft 
10,811 views•Jan 14, 2020


The Real News Network
377K subscribers

The draft might be gone, but not everyone volunteers for the same reasons. Inconsistent access to education, healthcare, or housing means marginalized communities are systemically pushed into military service to gain those benefits--especially poor students.

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Category News & Politics

🦍 Military Gets Billions For Wars Americans Don't Want To Fight!
1,734 views•Jan 13, 2020


Thom Hartmann Program
203K subscribers

Why is the military budget growing so fast they are already preparing the next war.
 
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What can we do to stop the military industrial complex from expanding to obscene proportions?

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Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Has Reaganomics Turned America Into a "Sh*thole" Country?
14,339 views•Jan 13, 2020


Thom Hartmann Program
203K subscribers

Poverty in the United States is so widespread & severe, over 40 million Americans are living below the poverty level and many without basic sanitation or enough food. Does this make America a sh*thole country?
 
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Will malnutrition, poverty, destitution become commonplace in America?

Newsweek is reporting that the United Nations investigation of developed countries around the world finds that poverty in the United States is now so widespread and severe, with over 40 million Americans below the poverty level and many of them living without basic sanitation or enough food and without any access to healthcare, that large parts of America are functionally as bad as or worse than many Third World countries.

Republican policies and 40 years of Reaganomics have turned America into a “sh*thole country.” Americans know this, and the vast majority of them think that wages should be increased, healthcare should be expanded, education should be free, and the federal government should undo Reagan and Clinton’s destruction of LBJ‘s safety net.

But the media continues to support Republican candidates and highlight Republican issues like increasing military spending and cheerleading for more tax cuts and wars.

Can the United States get become a first world country again or will we be stuck here... at least as long as Republican policies are entrenched in our laws, courts, and media?


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Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

AGelbert

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Where Does the 💵🎩🍌 Federal Reserve’s Money Come From? (w/ Richard Wolff)
2,454 views•Jan 16, 2020


Thom Hartmann Program
203K subscribers

The Federal Reserve pours money into banks to support the economy, but where does that cash come from? And, more importantly, is that money ever repaid?

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Dr. Richard Wolff explains to Thom how it all works and what effect it has for everyone.

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Category News & Politics
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

 

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