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US US Politics General - Discussion of President Biden and other politicians
- Thread starter SeniorFuckFace
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- Joined
- May 18, 2014
58% approval? Jesus this is North Korean levels of shameless propaganda.
- Joined
- Jul 15, 2016
About the 1970s thing.
Its not politically popular to have a recession on your watch so heaven and earth got moved to kick the can.
Back in 2008 the fed did alot of very shady shit to stop the first domino from falling after lehman brothers.
But after 2008, The senate needed to go full ham on wall street, instead they got rid of glass seagal.
The big banks should have been broken up into smaller banks and if they do stupid shit they should be shut down.
One benifit of bankruptcy is that it cleans out the system, frees up labor and capital for something else.
Its not politically popular to have a recession on your watch so heaven and earth got moved to kick the can.
Back in 2008 the fed did alot of very shady shit to stop the first domino from falling after lehman brothers.
But after 2008, The senate needed to go full ham on wall street, instead they got rid of glass seagal.
The big banks should have been broken up into smaller banks and if they do stupid shit they should be shut down.
One benifit of bankruptcy is that it cleans out the system, frees up labor and capital for something else.
- Joined
- Feb 19, 2018
You do bring up one of the many disgusting lizard person traits that led to Clinton's self-own. She cannot stop being shady as fuck, and it seems impossible to make her cultists recognize that.
Even when she had absolutely positively no need to do anything underhanded to win the primary, she couldn't resist the temptation to cheat. Now, being a lawyer she can corkscrew her way through a line of logic wherein the DNC is not legally bound to actually hold a fair primary so technically it wasn't illegal and therefore perfectly okay, right? Except the American people aren't a group of legal scholars that will coolly nod their heads at the clever use of loopholes, but instead normal people that know a fucking rat when they see one and will respond by hating and distrusting that fucker.
Or with those speeches she gave to the big corporations and banks that she fought for months to keep secret. (Doing paid speeches when she knew she would be running for President is another matter of stupid.) Now, those speech transcripts weren't super flattering according to the documents from Wikileaks but what was infinitely more damaging was her stonewalling. It gave the appearance that she was hiding something, and let everyone spin the narrative that the transcripts would be her swearing allegiance to Satan. I mean, why else fight so hard to hide them? End result - nobody trusts your shady ass.
Then the email situation, which was an endless source of self-ownage so hard that we still are pulling apart that rat-king of a shady clusterfuck!
The lesson is: Don't act like you are a big cheating shady ratfink lizard bitch if you want to be President.
P.S. Also campaigning in the mid-west might have been a good idea.
- Joined
- May 18, 2014
There was also that infamous picture of Hillary visiting a rural voters home and she has the most pronounced look of disgust and contempt on her face.
That probably didn't help.
That probably didn't help.
- Joined
- Feb 19, 2018
Yeah, the constant seething contempt that she could not conceal at all was a big turn off. I'd say that it was a big part of Hillary's anti-charisma. It's very similar to Kamala, who also unsettles people with her inhuman behavior.
- Joined
- May 25, 2013
Everyone born after 1988 or so has only known a world where she was a living punchline about being a power hungry politician.
- Joined
- Feb 24, 2016
What's the brown version of an "Uncle Tom"?
- Joined
- May 18, 2014
A Taco according to "Dr not a real doctor Jill Biden."
- Joined
- Feb 5, 2020
Auntie Taco
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- Jan 14, 2020
Uncle Juan?
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- Nov 29, 2020
Chiquita Banana.
- Joined
- Apr 18, 2019
Anyone who has paid attention during previous recessions of the modern era knows that the economy can be manipulated in ways that don't just defy logic, they fly in the face of it. This is almost always a precursor to a huge event. A recent example being that of the housing market in 2008 when people were defaulting on their mortgages like crazy, yet somehow the value of mortgage bonds went up until banks took their hands off the scales.
We are seeing the same thing with gas prices. They are somehow going down, but there is no logical reason for that to be happening.
If they can maintain this facade until 2024, they will look at the odds of winning the next election and make a decision. If dems think they will win, they will take their hands off the scales prior to Joe's successor being elected and use Joe as the scapegoat. If they think they will lose, they will hold onto it right up until 1/20/25 so the effects start being felt during the republican president's term.
We are seeing the same thing with gas prices. They are somehow going down, but there is no logical reason for that to be happening.
If they can maintain this facade until 2024, they will look at the odds of winning the next election and make a decision. If dems think they will win, they will take their hands off the scales prior to Joe's successor being elected and use Joe as the scapegoat. If they think they will lose, they will hold onto it right up until 1/20/25 so the effects start being felt during the republican president's term.
- Joined
- Jul 25, 2019
Decreased demand because of gas costs and general living cost. Increased supply from strategic reserve sell-off
- Joined
- Apr 22, 2019
Tio Tomás
- Joined
- Feb 24, 2016
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- Joined
- Sep 10, 2021
The 9.1% inflation rate is out-of-date chuds
www.whitehouse.gov
Archive
While today’s headline inflation reading is unacceptably high, it is also out-of-date. Energy alone comprised nearly half of the monthly increase in inflation. Today’s data does not reflect the full impact of nearly 30 days of decreases in gas prices, that have reduced the price at the pump by about 40 cents since mid-June. Those savings are providing important breathing room for American families. And, other commodities like wheat have fallen sharply since this report.
Importantly, today’s report shows that what economists call annual “core inflation” came down for the third month in a row, and is the first month since last year where the annual “core” inflation rate is below six percent.
Inflation is our most pressing economic challenge. It is hitting almost every country in the world. It is little comfort to Americans to know that inflation is also high in Europe, and higher in many countries there than in America. But it is a reminder that all major economies are battling this COVID-related challenge, made worse by Putin’s unconscionable aggression.
Tackling inflation is my top priority – we need to make more progress, more quickly, in getting price increases under control. Here is what I will do:
First, I will continue to do everything I can to bring down the price of gas. I will continue my historic release of oil from our strategic petroleum reserve. I will continue working with our European allies to put a price cap on Russian oil – sapping Putin of oil revenue. And, I will continue to work with the U.S. oil and gas industry to increase production responsibly — already, the U.S. is producing 12.1 million barrels of oil per day and is on track to break records.
But I will also continue to insist – as I have with urgency recently – that reductions in the price of oil must produce lower gas prices for consumers at the pump. The price of oil is down about 20% since mid-June, but the price of gas has so far only fallen half as much. Oil and gas companies must not use this moment as an excuse for profiting by not passing along savings at the pump.
Second, I will urge Congress to act, this month, on legislation to reduce the cost of everyday expenses that are hitting American families, from prescription drugs to utility bills to health insurance premiums and to make more in America.
Third, I will continue to oppose any efforts by Republicans – as they have proposed during this campaign year — to make things worse by raising taxes on working people, or putting Social Security and Medicare on the chopping block every five years.
Finally, I will continue to give the Federal Reserve the room it needs to help it combat inflation.
Importantly, today’s report shows that what economists call annual “core inflation” came down for the third month in a row, and is the first month since last year where the annual “core” inflation rate is below six percent.
Inflation is our most pressing economic challenge. It is hitting almost every country in the world. It is little comfort to Americans to know that inflation is also high in Europe, and higher in many countries there than in America. But it is a reminder that all major economies are battling this COVID-related challenge, made worse by Putin’s unconscionable aggression.
Tackling inflation is my top priority – we need to make more progress, more quickly, in getting price increases under control. Here is what I will do:
First, I will continue to do everything I can to bring down the price of gas. I will continue my historic release of oil from our strategic petroleum reserve. I will continue working with our European allies to put a price cap on Russian oil – sapping Putin of oil revenue. And, I will continue to work with the U.S. oil and gas industry to increase production responsibly — already, the U.S. is producing 12.1 million barrels of oil per day and is on track to break records.
But I will also continue to insist – as I have with urgency recently – that reductions in the price of oil must produce lower gas prices for consumers at the pump. The price of oil is down about 20% since mid-June, but the price of gas has so far only fallen half as much. Oil and gas companies must not use this moment as an excuse for profiting by not passing along savings at the pump.
Second, I will urge Congress to act, this month, on legislation to reduce the cost of everyday expenses that are hitting American families, from prescription drugs to utility bills to health insurance premiums and to make more in America.
Third, I will continue to oppose any efforts by Republicans – as they have proposed during this campaign year — to make things worse by raising taxes on working people, or putting Social Security and Medicare on the chopping block every five years.
Finally, I will continue to give the Federal Reserve the room it needs to help it combat inflation.
President Biden Statement on CPI Inflation in June - The White House
While today’s headline inflation reading is unacceptably high, it is also out-of-date. Energy alone comprised nearly half of the monthly increase in inflation. Today’s data does not reflect the full impact of nearly 30 days of decreases in gas prices, that have reduced the price at the pump by...
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- Joined
- Apr 30, 2016
lmao I wish she'd gone to an actual rural home, that shit was her being flabbergasted at your average East Harlem apartment.
EDIT: I had to go to bing to even find the picture in question, Google's definitely aware of how bad that whole saga made her look
- Joined
- Feb 28, 2019
- Prevented the CDC from enforcing an eviction moratorium due to COVID.
- Prevented OSHA from enforcing a vaccine mandate in workplaces.
- Prevented the EPA from carrying out some of its most aggressive proposed limits on greenhouse gasses.
- Joined
- Jul 25, 2019
@HTTP Error 404 the recent EPA decision is a major blow to Chevron deference. Didn't strike it down, but pretty much took out one of the main pillars to it.
Edit: why is the reply bug on such a short post?
Edit: why is the reply bug on such a short post?
- Joined
- Apr 18, 2019
He's been releasing reserves for the past eight months, and most recently as I'm sure everyone knows, started selling some of it to China. The reserves were slowing the rise of prices, that's all. And if/when we run out, the problem increases exponentially.
As for demand, I understand the logic, but I don't believe the current climate would result in this big of a price decrease.
If the rate of reserves being released starts to dwindle, as it should since it is supposed to supplement demand when normal supply is hampered, I will be more accepting of what you're saying.
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