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Old 08-19-2019, 06:33 PM
 
11,524 posts, read 7,435,906 times
Reputation: 4682

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Trump wants the fed to bail out his floundering economic agenda.
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Old 08-19-2019, 08:24 PM
 
16,283 posts, read 4,282,927 times
Reputation: 11474
Soon it will be more valuable to put money under the mattress then to invest it - at negative interest rates.

Negative mortgages are on the horizon. He wants massive rate cuts and even to rob more SS and Medicare...which means more debt and deficit. Anything to save the sinking ship!

Hey, you can take out a 300K mortgage and over 20 years only pay $270K (if negative rates take hold). That should work out well for capital.

Next thing he will reward businesses for losing more money. Come to think of it, that's the story his life. How to get 5 cents on the dollar for your and your investors (and taxpayers) money.

I hope he gets booted out before he can do too much more damage but sometimes events take on their own momentum. Ask GWB about that.....he was scared stiff when they told him the truth and rightfully so. Obviously he has zero idea that his policies sunk the ship...even when it was underwater!

And there is virtually no one alive who thinks the Trump Admin "team" is better than the GWB administration...who at least had some sane individuals on board and most all positions filled. GWB was bad...really bad. But a new definition of bad is being formed right before our eyes.
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Old 08-19-2019, 09:34 PM
 
23,824 posts, read 12,554,249 times
Reputation: 7607
Yup no matter how folks want to paint it, Trump demanding immediate interference in our free markets to stave off a recession proves that indicators -- not the media --- are showing signs of a possible recession.

Which directly contradicts the claims Trump and his fans are making.
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Old 08-19-2019, 09:35 PM
 
7,605 posts, read 2,722,687 times
Reputation: 2988
Seems somebody is getting nervous that his economic plan is going awry.
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Old 08-19-2019, 09:44 PM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
25,456 posts, read 14,183,817 times
Reputation: 6571
Quote:
Originally Posted by trobesmom View Post
So, Trump's policies are biting the average Joe in the ass, so he wants the Fed to come in and rescue him from himself. How convenient.

https://www.cnbc.com/2019/08/19/trum...ve-easing.html
so trump wants to pull an Obama...
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Old 08-20-2019, 03:56 AM
 
Location: Texas
27,116 posts, read 11,384,053 times
Reputation: 6245
Quote:
Originally Posted by Hoonose View Post
Quit QE's fall of 2014.
Quote:
Originally Posted by trobesmom View Post
The Fed ended it in 2014.
The interest rate is still artificially low. Because someone said they quit QE doesn't mean it's true.
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Old 08-20-2019, 03:58 AM
 
Location: Texas
27,116 posts, read 11,384,053 times
Reputation: 6245
Quote:
Originally Posted by hooligan View Post
LOL No, it hasn't. LOL
LOL Yes it has. LOL
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Old 08-20-2019, 04:24 AM
 
Location: the Sticks
9,159 posts, read 2,598,217 times
Reputation: 4816
I would like to see Trump lower interest rates and offer Tax breaks to any manufacturing company that opens shop in the states and the breaks are good for 10 years. On top of this I would like to see tax increases for any company that moves business out of the United States. In other words make rewards for Made in America.
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Old 08-20-2019, 05:41 AM
 
19,779 posts, read 12,441,479 times
Reputation: 10940
Quote:
Originally Posted by trobesmom View Post
I don't remember Obama demanding the fed raise rates. BTW, I hated that Obama bailed out everybody, so no I didn't like it when Obama did it. The difference here is Obama didn't cause the last recession. He wasn't even in office. I personally think we should have taken our lumps in 2008. This time it's Trump's policies that are turning this economy on its ear. And now he wants somebody, anybody to rescue his dumb ass.
Trump is asking that the Fed LOWER RATES. THAT IS EXACTLY WHAT OBAMA DID.

Obama spent $10 trillion to pump up the economy, cut interest rates to zero, and bailed out the banks.

Is that what you want Trump to do????

Libs have a very short memory and simply don't like Trump, but appear to love his policies, as they loved the same actions when Obama did them.
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Old 08-20-2019, 05:52 AM
 
2,101 posts, read 2,273,788 times
Reputation: 1573
Russia - hoax failed


Racism - hoax failed


Hmm, lets try Recession




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