The Briefing Room
General Category => Politics/Government => Topic started by: edpc on August 23, 2019, 03:10:58 pm
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President Trump just aired further grievances against Chairman Jerome Powell, who delivered a speech in Jackson Hole this morning.
As usual, the Fed did NOTHING! It is incredible that they can “speak†without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work “brilliantly†with both, and the U.S. will do great...
....My only question is, who is our bigger enemy, Jay Powel or Chairman Xi?
Donald J. Trump (@realDonaldTrump) August 23, 2019
https://www.cnn.com/business/live-news/economy-china-jerome-powell/index.html (https://www.cnn.com/business/live-news/economy-china-jerome-powell/index.html)
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Somebody remind me, who appointed Powell?
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Omarosa insisted he'd be the best Fed Chair ever.
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Dow down...375 and falling
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Dow down...375 and falling
‘I will be responding to China’s Tariffs this afternoon.’
https://mobile.twitter.com/realDonaldTrump/status/1164914962529247232
Yes - after the market closes.
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Fed Chair Jerome Powell says he can’t fix trade war’s damage to the economy
https://www.vox.com/2019/8/23/20829708/jerome-powell-trump-trade?fbclid=IwAR1th-9JKvPK4FrnVsHY56WSFnaaD3MWCouUi322PTmq7mIPccvPj4JkaJk (https://www.vox.com/2019/8/23/20829708/jerome-powell-trump-trade?fbclid=IwAR1th-9JKvPK4FrnVsHY56WSFnaaD3MWCouUi322PTmq7mIPccvPj4JkaJk)
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Trump vows to respond to latest tariffs, calls for US companies to 'start looking for an alternative to China'
https://thehill.com/homenews/administration/458554-trump-vows-to-respond-to-latest-tariffs-calls-for-us-companies-to
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With regard to this trade war, our bigger enemy is Trump.
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An out-of-control Trump maligns his own Fed chairman
https://www.washingtonexaminer.com/opinion/an-out-of-control-trump-maligns-his-own-fed-chairman (https://www.washingtonexaminer.com/opinion/an-out-of-control-trump-maligns-his-own-fed-chairman)
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Somebody remind me, who appointed Powell?
@edpc
:2popcorn:
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Dow down...375 and falling.
'As of now, it's down 407. But we aren't supposed to be worried about that. Even if our retirement plan goes belly up, it's a small sacrifice to make for the good of America.
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(https://pbs.twimg.com/media/ECqfH1XWkAAvp3E?format=png&name=small)
(https://pbs.twimg.com/media/ECqfUOzWwAAfiEL?format=png&name=small)
(https://pbs.twimg.com/media/ECqfhfsX4AUIHdh?format=png&name=small)
(https://pbs.twimg.com/media/ECqfr2SXkAAtt2I?format=png&name=small)
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I don't believe Trump's orders have any legal effect.
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Somebody remind me, who appointed Powell?
Trump has already set up Mr. Powell to take the fall if the economy goes south. This is standard operating procedure with Trump. If anything goes wrong, it will always be someone else's fault. Trump is never to blame.
I guess President Truman's sign, "The Buck Stops Here" has been misplaced.
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(https://pbs.twimg.com/media/ECqfH1XWkAAvp3E?format=png&name=small)
(https://pbs.twimg.com/media/ECqfUOzWwAAfiEL?format=png&name=small)
(https://pbs.twimg.com/media/ECqfhfsX4AUIHdh?format=png&name=small)
(https://pbs.twimg.com/media/ECqfr2SXkAAtt2I?format=png&name=small)
He can tweet all he wants. Bottom line is China announced a tariff hike on $75 billion of U.S. products; that is in addition to the initial tariffs implemented. They are also imposing import duties on U.S. cars and parts.
It is difficult to find things that are made in China or contain parts made in China. The cost of this trade war is being absorbed by the U.S. consumer. China isn't backing down and isn't going to back down. Europe and Japan acknowledge the unfair trade practices, but acknowledgements and resolutions are two different things.
Obviously the 'talks' between Trump and Xi haven't gone so well.
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Trump has already set up Mr. Powell to take the fall if the economy goes south. This is standard operating procedure with Trump. If anything goes wrong, it will always be someone else's fault. Trump is never to blame.
I guess President Truman's sign, "The Buck Stops Here" has been misplaced.
It isn’t just Mr. Powell he’s looking to take the blame
This president and the former president share a lot of similar traits
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The reality is this, if Trump wants to win reelection he better stop this stupid trade war. People vote with their pocketbooks and now 401k. If they see their retirement go away or shrink they will not vote for Trump period.
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He can tweet all he wants. Bottom line is China announced a tariff hike on $75 billion of U.S. products; that is in addition to the initial tariffs implemented. They are also imposing import duties on U.S. cars and parts.
It is difficult to find things that are made in China or contain parts made in China. The cost of this trade war is being absorbed by the U.S. consumer. China isn't backing down and isn't going to back down. Europe and Japan acknowledge the unfair trade practices, but acknowledgements and resolutions are two different things.
Obviously the 'talks' between Trump and Xi haven't gone so well.
Rest assured we are watching a thing of beauty.... China's so damn used to buying our "leaders" their heads (and economy) are exploding over this. Trump's been saying for days he doesn't want a deal with China right now....so China's trying to make POTUS blink. Really. :laugh:
Civil unrest in Hong Kong, a declining economy and looming hyperinflation …. China is in trouble. The only ones who can help China out are the American media, NTers and leaders financially tied to China …. you know, the dregs.
Best. Election. EVAH. :patriot:
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our bigger enemy?
https://www.nytimes.com/2018/09/06/us/politics/25th-amendment.html (https://www.nytimes.com/2018/09/06/us/politics/25th-amendment.html)
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Rest assured we are watching a thing of beauty.... China's so damn used to buying our "leaders" their heads (and economy) are exploding over this. Trump's been saying for days he doesn't want a deal with China right now....so China's trying to make POTUS blink. Really. :laugh:
Civil unrest in Hong Kong, a declining economy and looming hyperinflation …. China is in trouble. The only ones who can help China out are the American media, NTers and leaders financially tied to China …. you know, the dregs.
Best. Election. EVAH. :patriot:
Good to know where I fit into your Blame Game @Right_in_Virginia
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Rest assured we are watching a thing of beauty.... China's so damn used to buying our "leaders" their heads (and economy) are exploding over this. Trump's been saying for days he doesn't want a deal with China right now....so China's trying to make POTUS blink. Really. :laugh:
Civil unrest in Hong Kong, a declining economy and looming hyperinflation …. China is in trouble. The only ones who can help China out are the American media, NTers and leaders financially tied to China …. you know, the dregs.
Best. Election. EVAH. :patriot:
1. I will vote for Trump in 2020
2. I'm not financially tied to China.
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1. I will vote for Trump in 2020
2. I'm not financially tied to China.
Ditto @kevindavis
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Rest assured we are watching a thing of beauty.... China's so damn used to buying our "leaders" their heads (and economy) are exploding over this. Trump's been saying for days he doesn't want a deal with China right now....so China's trying to make POTUS blink. Really. :laugh:
Civil unrest in Hong Kong, a declining economy and looming hyperinflation …. China is in trouble. The only ones who can help China out are the American media, NTers and leaders financially tied to China …. you know, the dregs.
Best. Election. EVAH. :patriot:
And things may work out in the end were China blinks and things settle down and Trump claims a major victory
Could also very easily go the other way
We will see
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Well, I won't vote for Trump in 2020 an I'm sure the companies in which I have stock have ties to China. Probably much of the "stuff" I have is made in China, or some parts are made in China.
So I guess I'm an enemy of the state.
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And by the way, the Dow is now down 512 points.
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Civil unrest in Hong Kong, a declining economy and looming hyperinflation …. China is in trouble. The only ones who can help China out are the American media, NTers and leaders financially tied to China …. you know, the dregs.
You’re conveniently forgetting the part where they have nearly total control of the information, no voters to whom they’re accountable, and time between now and Nov 2020 on their side.
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Trump want's to change Chinese behavior of cheating, lying and stealing;
traits ingrained in their culture over some 4000 years of authoritarianism.
It's certainly a worthy mission yet a critical ingredient is missing.
A wise Roman insisted that it's far better the leader be feared rather than loved.
Trump, hardly a very smart person, has never grasped this and instead of
instilling fear in his enemies, abuses them verbally.
And then he gets angry when they laugh at him!!!
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Rest assured we are watching a thing of beauty.... China's so damn used to buying our "leaders" their heads (and economy) are exploding over this. Trump's been saying for days he doesn't want a deal with China right now....so China's trying to make POTUS blink. Really. :laugh:
Civil unrest in Hong Kong, a declining economy and looming hyperinflation …. China is in trouble. The only ones who can help China out are the American media, NTers and leaders financially tied to China …. you know, the dregs.
Best. Election. EVAH. :patriot:
??? You do realize how much are economy is dependent on China right? China has the #2 economy in the world with the U.S. at #1. Our national debt right now is appx. $22 Trillion and our GDP is appx. $19 Trillion --- so let that sink in for a few minutes.
Tanking the Chinese economy is not in our best interest; their economy tanks and so does ours. What exactly do you think the reaction is going to be when our economy follows what's happening over in China?? We will see an economic downturn and hyperinflation as well. I don't exactly see people partying in the streets and praising Trump. It's going to affect people's pocketbooks and cost jobs. Likely we will see a recession, which isn't exactly something that's going to be a feather in Trump's cap come election time. Yes, Trump has a tremendous base, but start taking money out of their pockets (and you won't be able to blame the DEMS on this one) and they're going to start singing a different tune.
The Chinese have just announced that they are imposing tariffs on $75 billion of U.S. goods. Yes, this is a trade war. Yes I agree their should be fair trade in lieu of free trade ... bottom line ... do you really think when people lose their jobs, lose their 401k's, lose their homes that they are going to be patting Trump on the back? I don't think so. They are going to think he was dead wrong.
Quite frankly, I forsee Trump eventually caving on this issue as a necessity to hold onto his re-election.
https://www.investopedia.com/insights/worlds-top-economies/ (https://www.investopedia.com/insights/worlds-top-economies/)
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The Chinese have just announced that they are imposing tariffs on $75 billion of U.S. goods. Yes, this is a trade war.
The latest tariffs are specifically targeting areas of Trump support - auto industry, oil, and farming.
https://www.msn.com/en-us/finance/markets/china-hits-us-with-higher-tariffs-on-soybeans-cars-oil/ar-AAGe2bD (https://www.msn.com/en-us/finance/markets/china-hits-us-with-higher-tariffs-on-soybeans-cars-oil/ar-AAGe2bD)
Not to worry, however, because we know that....
Donald J. Trump
✔
@realDonaldTrump
When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore - we win big. It’s easy!
5:50 AM - Mar 2, 2018
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The latest tariffs are specifically targeting areas of Trump support - auto industry, oil, and farming.
https://www.msn.com/en-us/finance/markets/china-hits-us-with-higher-tariffs-on-soybeans-cars-oil/ar-AAGe2bD (https://www.msn.com/en-us/finance/markets/china-hits-us-with-higher-tariffs-on-soybeans-cars-oil/ar-AAGe2bD)
Not to worry, however, because we know that....
Donald J. Trump
✔
@realDonaldTrump
When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t trade anymore - we win big. It’s easy!
5:50 AM - Mar 2, 2018
I think Trump has underestimated China BIGLY.
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To: LMAO
"...This president and the former president share a lot of similar traits"
They share "the buck stops over there" sign on their desks.
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Rest assured we are watching a thing of beauty.... China's so damn used to buying our "leaders" their heads (and economy) are exploding over this. Trump's been saying for days he doesn't want a deal with China right now....so China's trying to make POTUS blink. Really. :laugh:
Civil unrest in Hong Kong, a declining economy and looming hyperinflation …. China is in trouble. The only ones who can help China out are the American media, NTers and leaders financially tied to China …. you know, the dregs.
Best. Election. EVAH. :patriot:
@Right_in_Virginia :beer:
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Obviously the 'talks' between Trump and Xi haven't gone so well.
[/quote]
Nope, you are incorrect. They are great friends. /s
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NK is gonna ramp up their BS hostility toward US, for China, too.
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‘I will be responding to China’s Tariffs this afternoon.’
https://mobile.twitter.com/realDonaldTrump/status/1164914962529247232 (https://mobile.twitter.com/realDonaldTrump/status/1164914962529247232)
Yes - after the market closes.
President Donald Trump will hike tariff rates on most imports from China in response to the latest shots in the trade war between the world’s two largest economies, he said Friday.
The White House will raise existing duties on $250 billion in Chinese products to 30% from 25% on Oct. 1, the president tweeted. The tariffs on another $300 billion in Chinese goods, which start to take effect on Sept. 1, will now be 15% instead of 10%, he added.
https://www.cnbc.com/2019/08/23/trump-will-raise-tariff-rates-on-chinese-goods-in-response-to-trade-war-retaliation.html (https://www.cnbc.com/2019/08/23/trump-will-raise-tariff-rates-on-chinese-goods-in-response-to-trade-war-retaliation.html)
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This is one tweetstorm that shouldn't have happened, IMHO.
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I used to hurry a lot, I used to worry a lot.
I used to stay out till the break of day...
Oh, that didn't get it,
It was high time I quit it!
I just couldn't carry on that way...
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@EdJames
Error 404 (Not Found)!!1 (http://youtube.com/watch?v=-JlmvtAHhnc#)
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Joe Walsh A Life of Illusion
Error 404 (Not Found)!!1 (http://www.youtube.com/watch?v=U1zLeC5Bzno#)
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This is one tweetstorm that shouldn't have happened, IMHO.
Definitely not. :amen:
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Wrong Thread but it fits appropriately here also.
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The reality is this, if Trump wants to win reelection he better stop this stupid trade war. People vote with their pocketbooks and now 401k. If they see their retirement go away or shrink they will not vote for Trump period.
For some of us employement is heavily reliant on trade with China. If China cancels orders with Boeing, Kenworth, Caterpillar, Fords and Chevy, you are all going to feel it.
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For some of us employement is heavily reliant on trade with China. If China cancels orders with Boeing, Kenworth, Caterpillar, Fords and Chevy, you are all going to feel it.
Whether one's job is reliant on trade with China or not, them slapping another tariff on $75 billion in addition to the $110 billion worth of goods is going to be felt by most of us. Meanwhile, they are lowering costs to other countries making comparable American items more expensive. ... didn't Trump say something about postponing the tariffs because of Xmas -- that was certainly short lived.
I've said it before, China isn't backing down and I think Trump underestimated them BIGLY!
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For some of us employement is heavily reliant on trade with China. If China cancels orders with Boeing, Kenworth, Caterpillar, Fords and Chevy, you are all going to feel it.
I understand the economics of the trade war, but the Chicoms have bending us over without vaseline for so long that we have two choices,,,,,,, (1) Fight back like Trump is suggesting (and I am no Trump fan)
(2) Continue to let them bleed us to death until the national debt becomes unsustainble or we nosedive into a 3rd world economy due to fianncial base resouce evaporation.
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I understand the economics of the trade war, but the Chicoms have bending us over without vaseline for so long that we have two choices,,,,,,, (1) Fight back like Trump is suggesting (and I am no Trump fan)
(2) Continue to let them bleed us to death until the national debt becomes unsustainble or we nosedive into a 3rd world economy due to fianncial base resouce evaporation.
There has to be a better way to accomplish these goals without financially ruining a large number of Americans.
And the national debt is "unsustainable" because of DC's penchant for massive spending.
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There has to be a better way to accomplish these goals without financially ruining a large number of Americans.
And the national debt is "unsustainable" because of DC's penchant for massive spending.
Fully agree. The Chicoms, and they are our most dire enemy, did not spend this country in a $22T debt. Seems the ecomic war is at 2 fronts, and one of the enemies is within.
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I understand the economics of the trade war, but the Chicoms have bending us over without vaseline for so long that we have two choices,,,,,,, (1) Fight back like Trump is suggesting (and I am no Trump fan)
(2) Continue to let them bleed us to death until the national debt becomes unsustainble or we nosedive into a 3rd world economy due to fianncial base resouce evaporation.
1) The Chicoms have never bent me over. If I choose to buy their products, or not, that's my concern. When folks like trump whine about how they are cheating "us", they seem to forget it's my money, not "ours".
2) The national debt has nothing to do with China. That's how much our govt has spent vs what it has taken in. Most of what the feral govt borrows comes from the US, so if someone is bleeding us to death, it's us.
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This is one tweetstorm that shouldn't have happened, IMHO.
Trump ran on standing up to China, unlike his predescessors that gave into giving China a better deal.
But when he does, the dems, the media, and the weak Republicans get all wobbly kneed.
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so if someone is bleeding us to death, it's us.
So you don't think unfair trade practice/balances which basically shifts wealth to China doesn't constitute a blood letting?
Interesting......
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Trump ran on standing up to China, unlike his predescessors that gave into giving China a better deal.
But when he does, the dems, the media, and the weak Republicans get all wobbly kneed.
The problem is, his trade war isn't working and it's costing the average person plenty -- or it will.
Trump says he will find some way to win this war. But at what cost to the rest of us?
He said this trade war will bring back jobs to America. So far it hasn't, and I don't see any signs of that happening anytime soon. In fact, there have already been layoffs in some places. Read about another US Steel layoff in Indiana, for example. Only a hundred or so, you might say. But all these small layoffs are going to add up.
The average shlub like me looks at this trade war and sees no advantage, but a whole lot of disadvantage to it. Remember that we average joes and janes make up a large segment of the voting public. When this war affects our "bottom line," it's also going to affect how we vote. And that does not bode well for Trump and the Republicans.
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Maybe Trump shouldn't be listening to Pat Buchanan.
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There has to be a better way to accomplish these goals without financially ruining a large number of Americans.
And the national debt is "unsustainable" because of DC's penchant for massive spending.
I couldn't agree with you more. Certainly I believe the President is absolutely correct, we cannot allow China to dictate our economy. Yes we are all going to feel some pain in our wallets, but to completely destroy and wipe out people's 401k's, IRA's, retirement financial plans, is quite another. A global recession is going to be felt here in the U.S., and many could face losing their jobs, losing their homes, etc., it's going to cost everyone except the top 1% who are wealthy like Trump; he's got enough money that it will never affect him or his family. Families living paycheck to paycheck, retirees living on fixed incomes, and many others will face extreme hardship and could possibly not be forced into poverty.
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An out-of-control Trump maligns his own Fed chairman
https://www.washingtonexaminer.com/opinion/an-out-of-control-trump-maligns-his-own-fed-chairman (https://www.washingtonexaminer.com/opinion/an-out-of-control-trump-maligns-his-own-fed-chairman)
@mystery-ak
I just read Powell's entire speech given at Jackson Hole. It is very long; he knows the entire history of the Federal Reserve and compares that history to today's monetary condition. He appears to be super intelligent.
Here is what he said about trade via Trump without mentioning his name:
"We have much experience in addressing typical macroeconomic developments under this framework. But fitting trade policy uncertainty into this framework is a new challenge. Setting trade policy is the business of Congress and the Administration, not that of the Fed. Our assignment is to use monetary policy to foster our statutory goals. In principle, anything that affects the outlook for employment and inflation could also affect the appropriate stance of monetary policy, and that could include uncertainty about trade policy. There are, however, no recent precedents to guide any policy response to the current situation. Moreover, while monetary policy is a powerful tool that works to support consumer spending, business investment, and public confidence, it cannot provide a settled rulebook for international trade. We can, however, try to look through what may be passing events, focus on how trade developments are affecting the outlook, and adjust policy to promote our objectives."
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It’s a familiar formula. Trump is hoping that Powell will tire of the insults and rants, then resign, like Sessions did.
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Thanks @Victoria33 Seems to me Mr. Powell knows his stuff when it comes to the economy. Trump doesn't. And Trump supposedly graduated from the Wharton School.
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The biggest problem is Trump decided to open a trade war on multiple fronts. Whether he realizes it, or not, cooperation is required. Instead of reaching an agreement with the EU on trade first, he goes after Canada, Mexico, China, and the EU, nearly at the same time. This is why it’s difficult to secure cooperation on China and/or Iran.
Host Emmanuel Macron, France's president, and even British Prime Minister Boris Johnson also sounded the alarm about the dangers of Trump's escalating trade war with China.
"I am very concerned. The UK is at risk of being implicated in this. This is not the way to proceed," Johnson told reporters on the plane to the G7 summit in Biarritz.
"I want to see a dialling down of tensions."
-snip-
"This may be the last moment to restore our political community," he [EU Council President Donald Tusk] said. "The world needs our cooperation."
https://www.yahoo.com/news/protests-greet-g7-leaders-discuss-amazon-fires-trade-020344830.html (https://www.yahoo.com/news/protests-greet-g7-leaders-discuss-amazon-fires-trade-020344830.html)
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For some of us employement is heavily reliant on trade with China. If China cancels orders with Boeing, Kenworth, Caterpillar, Fords and Chevy, you are all going to feel it.
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The Chinese have been cheating, lying and stealing since the Shang Dynasty of 1500 BC.
That is the issue and emphatically NOT size of the wallets of assorted multi-nationals.
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This country was founded by men who loved liberty and were determined to have it regardless of the cost. Now it seems that the order of the day is "How do I get another slice of meat on MY sandwich!"
It's shameful!
Sacrifices of our founders. (http://www.keelynet.com/4th99.htm)
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This country was founded by men who loved liberty and were determined to have it regardless of the cost. Now it seems that the order of the day is "How do I get another slice of meat on MY sandwich!"
It's shameful!
Sacrifices of our founders. (http://www.keelynet.com/4th99.htm)
@Bigun I thought that @Sanguine addressed that very directly over here: http://www.gopbriefingroom.com/index.php/topic,373126.msg2040358.html#msg2040358 (http://www.gopbriefingroom.com/index.php/topic,373126.msg2040358.html#msg2040358)
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@Bigun I thought that @Sanguine addressed that very directly over here: http://www.gopbriefingroom.com/index.php/topic,373126.msg2040358.html#msg2040358 (http://www.gopbriefingroom.com/index.php/topic,373126.msg2040358.html#msg2040358)
:yowsa: She sure did and I will tell her so @EdJames!
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This country was founded by men who loved liberty and were determined to have it regardless of the cost. Now it seems that the order of the day is "How do I get another slice of meat on MY sandwich!"
It's shameful!
Sacrifices of our founders. (http://www.keelynet.com/4th99.htm)
Don't try to guilt me because I'm concerned about what I'm going to have to live on in my old age. I made more than my share of sacrifices for others. I worked long hours, gave up many an evening and weekend (and more than a few holidays) to get what I have. Now that I'm old and have some health issues, it's time I worry about me.
If you have so much money that you can afford to lose most of it to Trump's foolish trade war -- then fine by me. But don't you dare try to lay a guilt trip on me for wanting to keep what little I have worked so hard for.
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:yowsa: She sure did and I will tell her so @EdJames!
888high58888
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888high58888
Awww shucks.
***blushing***
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Don't try to guilt me because I'm concerned about what I'm going to have to live on in my old age. I made more than my share of sacrifices for others. I worked long hours, gave up many an evening and weekend (and more than a few holidays) to get what I have. Now that I'm old and have some health issues, it's time I worry about me.
If you have so much money that you can afford to lose most of it to Trump's foolish trade war -- then fine by me. But don't you dare try to lay a guilt trip on me for wanting to keep what little I have worked so hard for.
Yeah, I'm there too, I worked very hard to get where I am. And, I'm willing to give some to get a better outcome for my kids and grandkids. Even for your kids and grandkids.
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Yeah, I'm there too, I worked very hard to get where I am. And, I'm willing to give some to get a better outcome for my kids and grandkids. Even for your kids and grandkids.
Well, I don't have kids or grandkids, but if I did, I'd want them to work for what they have and be able to keep what they have in their old age. Trump's trade war and other government shenanigans make that difficult, if not impossible.
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Don't try to guilt me because I'm concerned about what I'm going to have to live on in my old age. I made more than my share of sacrifices for others. I worked long hours, gave up many an evening and weekend (and more than a few holidays) to get what I have. Now that I'm old and have some health issues, it's time I worry about me.
If you have so much money that you can afford to lose most of it to Trump's foolish trade war -- then fine by me. But don't you dare try to lay a guilt trip on me for wanting to keep what little I have worked so hard for.
@Applewood
Just the facts Mam! Nothing but the facts. Any guilt you may feel is self-imposed.
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Well, I don't have kids or grandkids, but if I did, I'd want them to work for what they have and be able to keep what they have in their old age. Trump's trade war and other government shenanigans make that difficult, if not impossible.
"Work for what they want"? First, they have to finish paying for us! They're not the ones who have run up this enormous tab.
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"Work for what they want"? First, they have to finish paying for us! They're not the ones who have run up this enormous tab.
:yowsa: pointing-up
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@Applewood
Just the facts Mam! Nothing but the facts. Any guilt you may feel is self-imposed.
I don't feel any guilt at all.
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Don't try to guilt me because I'm concerned about what I'm going to have to live on in my old age. I made more than my share of sacrifices for others. I worked long hours, gave up many an evening and weekend (and more than a few holidays) to get what I have. Now that I'm old and have some health issues, it's time I worry about me.
If you have so much money that you can afford to lose most of it to Trump's foolish trade war -- then fine by me. But don't you dare try to lay a guilt trip on me for wanting to keep what little I have worked so hard for.
You've got a poor attitude about this, @Applewood
During the Great War, nylon stockings took a back seat to parachutes, etc..
Our aunts put on coveralls while the men were fighting.
Not asking and not expecting that you should give any of your hard-earned money/wealth to others.
China has been stealing our intellectual property and through trade, has both hands on the scale.
President Trump is making an effort to bring wealth back to the United States either with a fairer trade policy, or tariffs up the Ying-Yang!
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"Work for what they want"? First, they have to finish paying for us! They're not the ones who have run up this enormous tab.
'Whose fault is that? Not mine or yours. The fault lies in our government which spends like drunken sailors.
(Apologies to all drunken sailors everywhere.)
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'Whose fault is that? Not mine or yours. The fault lies in our government which spends like drunken sailors.
(Apologies to all drunken sailors everywhere.)
I beg to differ @Applewood, who was it that elected those people?
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I beg to differ @Applewood, who was it that elected those people?
I didn't vote for Trump who signed all those spending spree bills.
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I didn't vote for Trump who signed all those spending spree bills.
You think Trump is responsible for us having spent a large portion of our children's money before they were even born?
The president does not get to appropriate so much as a penny. Surely you know that.
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You think Trump is responsible for us having spent a large portion of our children's money before they were even born?
The president does not get to appropriate so much as a penny. Surely you know that.
But Trump signed off on those spending spree bills. If he was so concerned about runaway spending, he would have vetoed those bills.
I used Trump as an example because despite Trump supporters' assurances that he would be different from the rest of those spendthrifts in DC -- he isn't.
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But Trump signed off on those spending spree bills. If he was so concerned about runaway spending, he would have vetoed those bills.
I used Trump as an example because despite Trump supporters' assurances that he would be different from the rest of those spendthrifts in DC -- he isn't.
And if he had would you be leading the parade of folks yelling about Trump shutting the government down?
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And if he had would you be leading the parade of folks yelling about Trump shutting the government down?
Nope.
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Nope.
Good! I believe you.
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Thanks @Victoria33 Seems to me Mr. Powell knows his stuff when it comes to the economy. Trump doesn't. And Trump supposedly graduated from the Wharton School.
@Applewood
He went there but we don't know if he graduated; his lawyers have made Wharton seal his grades.
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(http://static5.businessinsider.com/image/5510713869beddd750a1aaa0-2125-1594/ted-cruz.jpg?maxX=600)
I actually voted against 6 of them, until Trump promised me a 'bigly' Rally in Houston, I barely won, 2.4%.
I'm on hold with Amash, Haley and Walsh right now.
$hit happens.
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@Applewood
He went there but we don't know if he graduated; his lawyers have made Wharton seal his grades.
@Victoria33
And some people complained that Obama's records were sealed. But I guess it's ok because it's Trump.
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This country was founded by men who loved liberty and were determined to have it regardless of the cost. Now it seems that the order of the day is "How do I get another slice of meat on MY sandwich!"
It's shameful!
Sacrifices of our founders. (http://www.keelynet.com/4th99.htm)
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Bigun, intuitive and on the mark.
Capitalism emerged simultaneously w/the French Enlightenment.
Adam Smith saw that its catalyst was self-interest which he labeled morally neutral; then
continuing he concluded the driver of self-interest was greed, which was morally negative.
The only interest of the cronies, frauds and hustlers who control our politics is in fattening
their wallets and is the core reason for the chronic malaise that engulfs us.
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You think Trump is responsible for us having spent a large portion of our children's money before they were even born?
The president does not get to appropriate so much as a penny. Surely you know that.
There is an aspect of the spending bills that Trump has signed while in office that is often overlooked.
Most people do not comprehend the significant degradation of the US military that 8 years of Zero left.
Behind the scenes horsetrading has been necessary for him to get the funding to begin to address that degradation.
Simple fact of the matter: they weren't willing to give him what he wanted for the military budgets without larding on virtually everything else.
And he had virtually no support within the GOP leadership to make a stand on it.... reality.
Not optimal..... not pretty..... not sustainable..... but sometimes drastic measures are necessary.....
Life in the real world.
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There is an aspect of the spending bills that Trump has signed while in office that is often overlooked.
Most people do not comprehend the significant degradation of the US military that 8 years of Zero left.
Behind the scenes horsetrading has been necessary for him to get the funding to begin to address that degradation.
Simple fact of the matter: they weren't willing to give him what he wanted for the military budgets without larding on virtually everything else.
And he had virtually no support within the GOP leadership to make a stand on it.... reality.
Not optimal..... not pretty..... not sustainable..... but sometimes drastic measures are necessary.....
Life in the real world.
Yep! Something many here fail to comprehend apparently.