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    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #461

    Mar 22, 2020, 09:00 PM
    Now, however, things have changed for the worse.
    How perceptive of you to notice, obviously Trump cannot reverse the trend by using rhetoric, so now he uses stimulus all the time wondering whether his businesses will benefit
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #462

    Mar 23, 2020, 02:37 AM
    Quote Originally Posted by jlisenbe View Post
    I don't necessarily agree or disagree with your analysis. I don't think there is a lot of proof for it, but even if I agreed, it was your sainted dem pres Roosevelt that allowed all of that to go on. To suggest that we played a major role in the development of Hitler's Germany would be a gross exaggeration. To say that we played THE major role in defeating it would be just about right.

    It's really OK to be proud of your country. We have done a lot of things well, and we have corrected many of our mistakes. Now, however, things have changed for the worse.
    From what I can tell, there were tariffs and trade wars even then by our government, because of the German military action, though big biz found ways around them, so a disconnect between the two entities is quite evident, which gives us a more accurate picture of that period in time. Sure it's okay to be proud of ones country and celebrate the good things accomplished, but let's not play dufus and take all the credit since we were but one force, the largest, but certainly not the ONLY force against Hitler. It was a collective sustained effort that brought Hitler down.

    I think we have to temper our bragging about WW2 as now, we have hardly been the conquering heroes in other military endeavors. Haven't you noticed the challenges get bigger and more complex? Of course things have gotten worse. Or have we ourselves that have gotten worse?
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #463

    Mar 23, 2020, 03:15 AM
    How perceptive of you to notice, obviously Trump cannot reverse the trend by using rhetoric, so now he uses stimulus all the time wondering whether his businesses will benefit
    We have to stop that stupid perception . The man has cost himself a fortune by becoming President . His brand has been destroyed . The buildings that used to feature his name here in NY ;his base of operations ,have all changed their name to disassociate with him .

    I disagree with most of the stimulus being proposed . But in this case there is a difference . Government decree has in large part been responsible for the financial peril many companies and individuals find themselves in today . I don't disagree with the policies of containing the spread of the virus per se because we just don't know how bad it can get . But ,unfortunately ,it is the responsibility of the government to provide some relief and to help getting the economy going again.

    The good news is that this is different than 2008 . The financial institutions are in good shape . When this is over ;the pent up demand of the consumer will help the economy quickly rebound .
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #464

    Mar 23, 2020, 03:30 AM
    I'm not sure if a 2 trillion dollar bailout is the way to go right now at this early stage but making sure people can eat and stay warm during a health induced shutdown is a good priority. Not having a paycheck and not knowing when you will see one is a working mans nightmare. For how long is a corporate nightmare.

    I don't think concerns over what big biz will do is a stupid perception nor conditional help is out of the question rather than just throwing a bunch of money we ain't got out the window and hoping people do the right thing. Corporations are people too, and have proved to be as flawed as the rest of us. How many times must I quote the great King Reagan "Trust but verify" before conservatives and capitalists listen?
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #465

    Mar 23, 2020, 03:53 AM
    We have Sandinista Bill running around like chicken little saying that martial law should be declared and that Trump should use his Presidential powers to do a fascist taker over of American businesses. So far Trump has resisted such impulses and it appears corporate America is stepping up to the plate and retooling where possible to provide the goods demanded .

    Really I am amused listening to the Dems calling for Trump to take extraordinary powers. Just a couple months ago their biggest fear was presidential dictatorial over reach .

    And while I am on the subject ;the latest garbage being spewed is that assessments were available in January that this virus would be a problem . Of course now the critique is that Trump did not act fast enough ... a completely bogus charge .

    Let's review . What was happening in this country in November ,December ,January, early February ? It was impeach and convict 24-7 . While Trump was placing travel bans from China and creating the task force , Pelosi was handing out impeachment pens . Can you imagine if Trump had proposed in January any of the restrictions we are subject to today ? At a very minimum he would've been accused of wagging the dog during the impeachment hearings . I know that as a fact because the blond hair blue eyed native American ,and the compliant press accused him of wagging the dog when he had General Salami wacked.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #466

    Mar 23, 2020, 04:11 AM
    Naw you don't get to make excuses for the dufus being more concerned about his job to actually be doing his job. Nothing stopped him from bringing this to the American public from the bully pulpit rather than blasting the dems for coming after him.

    Just my 2 cents while recognizing the health crisis is a huge event leaving it to states and their limited resources is an abrogation of responsibility at this point in the process, and waiting for big biz to volunteer is dropping the ball. I know the dufus is damned if he do, and damned if he don't, just like every other president!
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #467

    Mar 23, 2020, 04:11 AM
    btw , this morning the futures fell 5% on the news that the Dems are stalling the bill in the Senate .
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #468

    Mar 23, 2020, 04:27 AM
    Who cares what the markets do? It's been reported that the Repub bill favors big biz 2 to one over the citizen who may well have to face the first of the month with no rent money while corporations are flush, or should be.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #469

    Mar 23, 2020, 04:37 AM
    Who cares what the markets do?
    Good grief. What a comment.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #470

    Mar 23, 2020, 04:53 AM
    Quote Originally Posted by jlisenbe View Post
    Good grief. What a comment.
    How so?
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #471

    Mar 23, 2020, 05:16 AM
    Who cares what the markets do? Anyone with investments, or who is on a retirement income, or who cares about the economy, or who remembers the Great Depression. You know, people like them who know enough to care about important matters.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #472

    Mar 23, 2020, 06:31 AM
    Quote Originally Posted by jlisenbe View Post
    Who cares what the markets do? Anyone with investments, or who is on a retirement income, or who cares about the economy, or who remembers the Great Depression. You know, people like them who know enough to care about important matters.
    When I want to gamble I go to a casino, and like any casino the HOUSE always wins even while some hit for the big bucks. Why is the market even falling do you know? Seems you should.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #473

    Mar 23, 2020, 06:57 AM
    Why is the market even falling do you know? Seems you should.
    The market is falling for the same reason it always falls. Pessimism about the future. Investing is not gambling. It is the only way I know of to see your money grow faster than the rate of inflation. Put your money in the bank...watch it shrink in relative value every day.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #474

    Mar 23, 2020, 07:35 AM
    Markets will rebound when the crisis is over.
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #475

    Mar 23, 2020, 08:39 AM
    "Who cares what the markets do?"
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #476

    Mar 23, 2020, 09:10 AM
    Just saying
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #477

    Mar 23, 2020, 09:30 AM
    Have a great day. Are you guys pretty much staying in the house?
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #478

    Mar 23, 2020, 10:22 AM
    Of course, but keeping supplies stocked is an issue.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #479

    Mar 23, 2020, 10:45 AM
    I am in an essential business
    jlisenbe's Avatar
    jlisenbe Posts: 5,020, Reputation: 157
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    #480

    Mar 23, 2020, 11:55 AM
    Being bored is an issue.

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