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Author Topic: Money  (Read 29735 times)

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Surly1

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Major problems with China Trade Deal!
« Reply #705 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. 

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

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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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

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 »
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

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.
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

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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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Poverty Keeps Millenials From Middle Class
« Reply #712 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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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Poverty Is the New Draft
« Reply #713 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.

Director/Video Editor: Bababtunde Ogunfolaju
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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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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

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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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

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
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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When you hear “customary international law,” be afraid

January 22, 2020

CLAIMS THAT THE ‘NAFTA 2’ AGREEMENT IS BETTER IS A MACABRE JOKE

By Peter Dolack, Systemic Disorder.

Democratic Party House representatives have voted by a wide margin to approve version 2 of the North American Free Trade Agreement, known as the United States-Mexico-Canada Agreement.

Even Rose DeLauro of Connecticut, in the past a strong leader within Congress in the fight against so-called “free trade” agreements, is on board with this one. Representative DeLauro and other congressional Democrats claim they forced the Trump administration to strengthen the agreement by compelling the insertion of language that allegedly creates “effective and meaningful labor standards... -more-

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Global Poll Finds Majority Believe Capitalism More Harmful Than Good

January 22, 2020

By Andrea Germanos, Commondreams.

 A global survey out Monday ahead of the World Economic Forum summit in Davos shows that over half of respondents believe capitalism in its current form does "more harm than good." "Welp, glad that's settled then," mused one Twitter user.

The findings are from the 2019 Edelman Trust Barometer, which polled over 34,000 respondents in 28 markets to measure trust in government, business, NGOs, and media. Fifty-six percent of respondents said they agree with statement, "Capitalism as it exists today does more harm than good in the world." That belief was expressed by a majority across age group...Full article
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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January 24, 2020

SNIPPET:

As discussed earlier this week, 90% of the population gets little, or no, direct benefit from the rise in stock market prices.


Another way to view this issue is by looking at household net worth growth between the 🎩 top 10% and everyone else 😟.

Since 2007, the ONLY group that has seen an increase in net worth is the top 10% of the population. This is not economic prosperity. This is simply a distortion of economics.

As shown in the chart below, since 2014, the S&P 500 index has soared to record heights, yet corporate profits for the entire universe of U.S. corporations have failed to rise at all. This is the clearest evidence of the disconnect between the markets and the real economy.

Note: It is worth mentioning the last time we saw a period where corporate profits were flat, while stock market prices surged higher was from 1995-1999. Unfortunately, as is repeatedly the case throughout history, prices “catch down” with profits and not the other way around.

Full article:




He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Prof. Richard Wolff on Journalism, 🏴‍ Globalism, 😈 Capitalism, 👹 Brexit
6,274 views•Jan 20, 2020


The Zero Hour with RJ Eskow
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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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