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Old 06-16-2022, 12:39 PM
 
27,668 posts, read 16,160,831 times
Reputation: 19097

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Quote:
Originally Posted by RowingFiend View Post
Link: https://hotair.com/ed-morrissey/2022...ockets-n476711

wOw!

Don't worry, though. The Democrats and the Biden regime are focused like lasers on the problems facing the country. After they finish with the January 6th show trial anyway...
No doubt the "jan 6th 'made for tv' debacle" is bad optics ...For Dems!
Things gone to crap since biden, and America gets the 'orange man bad' show now in primetime. Doesnt look good at all lefty
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Old 06-16-2022, 12:47 PM
 
Location: Metro Detroit, Michigan
29,837 posts, read 24,937,877 times
Reputation: 28540
Quote:
Originally Posted by moneill View Post
So you all don't think the Feds should raise rates?

He should have raised rates to 10% at least and crushed inflation. The recession would be short lived because people will not accept living their homes, cooking their own meals, spending more time with their families and loves ones... They would be clawing each others eye balls out begging for the economy to recover, and it would in about 6 months, because the alternative would be unbearable.


And then American life would go on as it always does.


But democrats don't want to feel any economic pain at all, and will weasel their way out of it, until they can't. That's when you get the big one, that you may or may not recover from.


Until we get real interest rate hikes, we are just kicking the can down the road and allowing parasites to become even further entrenched.
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Old 06-16-2022, 12:53 PM
 
Location: The Garden State
1,334 posts, read 2,995,649 times
Reputation: 1392
You have two choices.

1) Cry like a wussy and play the victim

2) Man up

You are wasting time blaming Mr Magoo for this or that. Go out there and do your best.
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Old 06-16-2022, 12:57 PM
 
45,676 posts, read 24,044,199 times
Reputation: 15559
Quote:
Originally Posted by andywire View Post
He should have raised rates to 10% at least and crushed inflation. The recession would be short lived because people will not accept living their homes, cooking their own meals, spending more time with their families and loves ones... They would be clawing each others eye balls out begging for the economy to recover, and it would in about 6 months, because the alternative would be unbearable.


And then American life would go on as it always does.


But democrats don't want to feel any economic pain at all, and will weasel their way out of it, until they can't. That's when you get the big one, that you may or may not recover from.


Until we get real interest rate hikes, we are just kicking the can down the road and allowing parasites to become even further entrenched.
But so it that why the stock market crashed because the rate wasn't high enough?

I'd be okay with higher rates but we are debt free...
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Old 06-16-2022, 01:05 PM
 
Location: Austin
15,650 posts, read 10,405,925 times
Reputation: 19557
based on the precipitous drop in the stock market, it appears the market is signaling the country is headed for recession.
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Old 06-16-2022, 01:08 PM
 
Location: Cali
14,234 posts, read 4,604,386 times
Reputation: 8321
Quote:
Originally Posted by Stone28 View Post
You have two choices.

1) Cry like a wussy and play the victim

2) Man up

You are wasting time blaming Mr Magoo for this or that. Go out there and do your best.
Did you say this when Trump was President?
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Old 06-16-2022, 01:10 PM
 
25,461 posts, read 9,828,112 times
Reputation: 15358
Quote:
Originally Posted by andywire View Post
He should have raised rates to 10% at least and crushed inflation. The recession would be short lived because people will not accept living their homes, cooking their own meals, spending more time with their families and loves ones... They would be clawing each others eye balls out begging for the economy to recover, and it would in about 6 months, because the alternative would be unbearable.


And then American life would go on as it always does.


But democrats don't want to feel any economic pain at all, and will weasel their way out of it, until they can't. That's when you get the big one, that you may or may not recover from.


Until we get real interest rate hikes, we are just kicking the can down the road and allowing parasites to become even further entrenched.
The democrats have nothing to do with raising rates. It's all on Powell.
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Old 06-16-2022, 01:25 PM
 
Location: West Palm Beach, FL
17,674 posts, read 6,940,386 times
Reputation: 16598
Quote:
Originally Posted by trobesmom View Post
The democrats have nothing to do with raising rates. It's all on Powell.
Obama appointed Powell to the Fed.
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Old 06-16-2022, 01:25 PM
 
Location: Metro Detroit, Michigan
29,837 posts, read 24,937,877 times
Reputation: 28540
Quote:
Originally Posted by trobesmom View Post
The democrats have nothing to do with raising rates. It's all on Powell.

Have you heard the rhetoric from Janet Yellen??? All this stuff, our alphabet agencies, our judicial system, all of our basic pillars of civilization... It's all been politicized. I don't care if someone is a democrat or a republican. They should have a problem with that, if they truly understand the scope of the problem and the ramifications. The people deserve better. I would never want to see these institutions weaponized and used against democrats.



I think it's wrong that Trump tried to get the federal reserve to cave to his demands and wants for low interest rates. He basically stood in the way of something that should have been done. All that stuff is supposed to be kept far away from the control and manipulation of the executive branch.



Biden will be the guy that absorbs a lot of the ramifications of potentially rapidly rising interest rates. That's basically what he signed up for. It's baked into the cake. I applaud him for his willingness. I certainly wouldn't be signing up for that.
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Old 06-16-2022, 01:31 PM
 
25,461 posts, read 9,828,112 times
Reputation: 15358
Quote:
Originally Posted by RowingFiend View Post
Obama appointed Powell to the Fed.
Oh for heaven's sake, lol. Well, then, why didn't Trump get rid of him?
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