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"Alternative Facts" - Conway
In reply to doosra
Alternative facts = facts according to the alt-right
By the time this 4 years ends the USA going wonder if it had lived in an alternative universe
In reply to Commie
Obviously the forgot to enlist the aid of FBI director Comey of (we dont comment on ungoing investigation) fame since he did all he could to help Trump
In reply to Commie
So if the Feds raise interest rates and Donald has been always calling for increased interest rates, where would be the conspiracy to bring down Donald?
There is never a crisis that the Nick Giambrunos of the world never liked nor didn't profit from.
BTW, with the world about to fall apart, where are you going to park your money? Are there big enough beds in Dominica, or store-front "Banks" in the Cayman Islands to hold your loot?
'Magical realism'
In reply to ProWI
Actually the case for raising interest rates would have been to give a realistic picture of the economy. That way DT wouldnt have inherited the likelihood of the economy tanking the second interest rates rose. He was looking for his own political fortunes but he was right. So was Obama because keeping interest rates low continued the illusion of a booming economy.
Nearly all markets are practising serious quantitative easing. This is a horrible sign and I have written about it before on here.
The reason it is bad Odlaw is not because the value of money will drop. Rich people will always be rich if there are real assets behind their paper worth.
The real reason is that poor and working people have no get out clause or backup.
The offering of debt at low rates has created this massive bubble and it takes immense patience and good fortune to stay clear of that 'easy money' and just live within your means.
You dont have to be rich for that reality, but unfortunately that wont be enough as chaos spreads quickly.
In reply to doosra
Note CONway. They are crazy
In reply to Commie
I suppose that has relevance to this thread- maybe another alternative fact?
Tyranny must have its perversion of truth and broad acceptance thereof.
In reply to Commie
Let us assume that for argument sake Trump is going to make all things right.
Rebuild Infrastructure - Net deficit
Repeal Obamacare - return 18 million Americans back to where they were - without Health care.
Cancel TPP, Revamp NAFTA - net loss of Jobs
Cut Taxes Good for some but not all - That is not going to benefit the poor and Middle Class - Less Revenue coming in.
Create 25 million jobs - This is a Trump delusion. Not possible in the age of automation.
Rebuild the Military -net deficit
Build the wall- net deficit, since taxpayers will shoulder the burden and Mexico will definitely not reimburse.
Don't you think all if not most of these are going to be on the backs of tax payers?
Where do you think the money is going to come from?
I fully expect the deficit to quadruple under Mr. Donald J. Trump since Congress will try to help him into that abyss.
In reply to embsallie
You've nailed it.
And those damn stupid "Deplorables" and "poorly educated " fell for it.
Why? They wanted their "White" country back. The wanted their traditional values returned - less place and prominence for minorities of all sorts, women kept in their accustomed roles, and blacks restricted in their votes and rising power and influence.
In reply to Commie
After the financial collapse, where many of the middle class lost not only their jobs, but saw their wealth depleted or erased, low interest rates offered the opportunity to recoup some of those losses.
This was especially true for Afro-Americans who saw their wealth cut by at least half.
In reply to embsallie
I said this before, only a fool would make promises too numerous to fulfill.
In reply to ProWI
Do you even understand what you wrote ?
The bailout wasnt done to favour the middle class or African Americans. It was to bailout the bankers and Wall Street in particular. Thats who the low interest rates are for. Thats what Central Banks do.
The average American is fucked. That why the Orange one won. Disenchantment.
In fact QE around the world is causing the same thing to happen practically everywhere. Bankers are getting their pound of flesh no matter what.
Until people stop getting seduced to spend money by low interest rates and Government lets businesses backed up by air, fail, the world will continue being a very unequal place.
In reply to black
I said this before,Trump is a fool.
In reply to Commie
Commie, that is a bit disingenuous
Why is it that whenever the bailout (which by the way was absolutely necessary) is mentioned there is never the addendum that it was not for free.
Banks and the Automakers who were helped during the stimulus paid back the Government with interest
Therefore tax payers got their money back - and then some.
Why isn't that ever mentioned???
Commie is posting some peaches of analysis....it would benefit most of us to listen without prejudice.
In reply to DAVE400
all that has been hashed out before. there is nothing new there.
this thread is about alternative facts. lets not lose sight of that
In reply to sudden
... and we've seen a few of them here too!
Haven't we!
//
In reply to Ewart
as Voltaire said- Those who can make you believe absurdities, can make you commit atrocities- or versa vice
In reply to embsallie
Because the taxpayer only gets the burden and not the interest and secondly because about 50% of money paid back came from Federal Loans.
Let that sink in.
No one can budge a system that is working. Conversely....
In reply to Commie
The Europeans stole the country from the Native Americans.
Ran it to the point where it is now.
Now they want it back to its former glory.
And so the people cheered for Barabbas as their saviour.
Self-destruction is always hard to watch.
In reply to nick2020
Trump and dem has caused Merriam Dictionaries to re exam what is the definition of fact
In reply to Commie
Do you even understand what you wrote ?
99% of the time I don't think he does.
Anything anti-Trump that's the flavour of the day he gobbles down without checking the shyte he is putting in his mouth....
In reply to sudden
I do wonder where do they go from here.
The way Commie's wants them to go - self-destruction?
In reply to nick2020
it may be the best way to go but nature abhors a vacuum and until the earth can be reconstructed in a more equitable fashion another country with empire building delusions will take its place.
In reply to sudden
There is no objective reality....we all have our own version....who is to say the colour blind is incorrect?
In reply to DAVE400
those who can see in colour
In reply to sudden
99% of the facts u know of the world u have never verified yourself....this includes:
A round earth
Our orbit of the sun
Your biological parents
Your siblings.
In reply to sudden
The earth won't be equitable but people can wise up about the choices that make them poor or poorer.
In reply to DAVE400
we have had this argument here before. in my view, facts as we know them mainly are agreed opinions accepted by the community at large until such time as they are replaced by a more popular agreed opinion.
agreement here does not mean by any Tom, Vlad, Khalid, krishna or dembe. it means by those who have the wherewithal to effect change
now that is out the way. is there some point you would like to make or is that the sum of your contribution?
In reply to doosra
The people in the Republican Party can do anything and get away with it until there is a lot of pressure on them .
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