US US Politics General 2 - Discussion of President Trump and other politicians

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Should be a wild four years.

Helpful links for those who need them:

Current members of the House of Representatives
https://www.house.gov/representatives

Current members of the Senate
https://www.senate.gov/senators/

Current members of the US Supreme Court
https://www.supremecourt.gov/about/biographies.aspx

Members of the Trump Administration
https://www.whitehouse.gov/administration/
 
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deflation in real terms means the decline in the value of services and goods. Shallow and short deflationary periods generally are not considered particularly harmful, especially if consumer confidence doesn't tank. Severe deflation means that bank holdings lose a significant amount of real value on their balance sheets, so in turn they tighten their lending, which often leads to debtor defaults, which further reduces the value of bank holdings, which reduces the real value on their balance sheets, so they tighten their lending. Meanwhile less and less money is flowing in the economy. Debtors go under, the people they employ are laid off, consumers default on their consumer debt, consumer confidence plummets. Cash becomes a valuable enough asset to horde and the weak consumer confidence leads to a run on the banks. The banks collapse.
More accurately, deflation is an increase in the value of currency, which is an important distinction imo. Goods and services have value independent of currency. In any case, all of this 'bad' stuff seems to be focused on fake and gay shit like money lending/debt creation. Personally, I'd rather the whole system not collapse all at once because it would be chaotic, but maybe a system that has to cater to banks and lenders to such an insane degree isn't worth saving.
 
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Today, I send my warmest greetings for the holy month of Ramadan—a sacred time of fasting, prayer, and communal gathering.

It is a time to draw hope, courage, and inspiration to lead lives of holiness and virtue.

As millions of Muslim Americans begin their Ramadan observances, my Administration recommits to upholding religious liberty that is such an integral part of the American way of life. Above all, we renew our resolve to building a future of peace, and to recognizing the dignity imprinted on every human soul.

This Ramadan, I offer my best wishes for a season of joyous reflection on God’s endless grace and infinite love. May God bless you and your families during this wondrous season.
 
I didnt have the heart to say it, everyone is suddenly attempting to become economic experts and I love it. I feel like every doomposter could become 30-50 IQ higher by just feeding their doompost prompt into chat gpt and using that, sad.
Economy is hard. I don't even know what the fuck that pdf is on the atlanta fed website.
One of the regulatory measures his administration could take which would immediately help would be to allow the sale of meat chicken eggs. Currently, eggs from meat chickens are required to be discarded. There's no real reason for this. I think this is an obvious measure which would help Americans immediately. We'll see if they do it.
Are you sure? I was looking into this the other day, and broilers are a very different breed, and can be slaughtered after two months whereas layers mature after five, at least in an industrial context. That's part of why the flu has hit egg prices way more than poultry. So I'm not sure we'd get many eggs from the broilers.
 
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Im 100% certain you dont know anything about the chinese economy, especially since you linked a hong kong index, but you could try zooming out and looking at some long term stats instead
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Consider that in order to combat inflation, you have to pull back the monetary supply, in this case, they've been trying to decelerate the amount of dollars entering the market, but havent gotten it to a negative rate yet. Notice that the only times we've done this is in periods like 2008 or pre-covid. We've been teetering on a recession for over a decade that we've been putting off by keeping the supply of money enter the economy ever expanding (which is also compounding). We could continue to simply print more and go till the sidewalk ends, but in reality the only way to get things back to stable is to cool off with a recession, it just has to happen.

hope this helps in your future tard sperging endeavors

+100 for ShadowStats
 
OTOH, they're naming them for low ranking guys, not generals, and part of me wishes they had the balls to just restore the Confederate names.
This is my problem. It's fucking retarded. I personally do not care what they name the bases. I could be stationed at Fort Diseased Twat for all I care. If they're going to rename them, rename them. I personally am a student of history, so I'd prefer the original names, but finding dudes with the same name just so they can say "well ackshually it's named after some obscure corporal that got a DSC! Checkmate libtard!" is the most faggot thing you can do. Nut up and say "Yes, this is named after a Confederate general. He was still an American and it's still a part of history. Cry about it."
*cough*
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the economy has been fucked far longer than anyone wants to admit, its just whether the media wants to gaslight you about its health on any given week... Id be interested to see how this will hold up in the face of deflationary measures...
Yeah it's bad. I'm genuinely curious to see if there's anything planned for the financial sector, because it's looking grim, and the standard "slash regulation and dole out subsidies" playbook is simply not going to work. There are real, genuine structural issues in the American financial sector that need to be addressed.
 
This is my problem. It's fucking retarded. I personally do not care what they name the bases. I could be stationed at Fort Diseased Twat for all I care. If they're going to rename them, rename them. I personally am a student of history, so I'd prefer the original names, but finding dudes with the same name just so they can say "well ackshually it's named after some obscure corporal that got a DSC! Checkmate libtard!" is the most faggot thing you can do. Nut up and say "Yes, this is named after a Confederate general. He was still an American and it's still a part of history. Cry about it."
Problem is Congress passed as part of defence spending a provision preventing exactly that.
 
*cough*
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the economy has been fucked far longer than anyone wants to admit, its just whether the media wants to gaslight you about its health on any given week... Id be interested to see how this will hold up in the face of deflationary measures...

There's no losses on held-to-maturity bonds if they're actually held till maturity though
 
'People' are psychos then. I think my head is going to explode if I have to hear about eggs one more time, and I would be fine paying ten times as much for them if in exchange the list of every subhuman 'influencer' and Hollywood elite in that black book got into the publics' hands. I want for there to be no dark corner for them to scurry away to and to lose absolutely everything. The gorillions of dollars they've made going up in smoke comes out to more than I pay for some eggs.
Too many people don’t care about children unfortunately. You have parents who only have kids for a free check. Or you have child abusers who tell you to “mind your own business” and “it’s not your kid, so why do you care?” I say this because I’ve seen this personally. These evil fucks don’t give a whit about the lives of children. They’d probably sell them off if it meant a big wad of cash. You, me, and others here actually care about these problems. Most people are drones and would rather go through their day eating their McDonald’s, buying their funko, watching their marvel, and being a general piece of human filth than actually caring about important shit.
 
... I'm genuinely curious to see if there's anything planned ...
Its been planned, its been this way since '08; the plan is to never sure up your liabilities. its like sitting at a poker table where everyone continues to raise despite having no hand, we're just kind of praying everyone keeps holding and double down without trying to resolve their debts, since this would obviously realize a ton of losses. As it stands our banking institutions are 700B in the hole, this is easily something that could trip a global recession, as nobody knows exactly how leveraged any given collateral or liability is, so the 700B on paper could be coiled a few times... so the best answer is to simply never uncoil, its a delicate situation.
 
There's no losses on held-to-maturity bonds if they're actually held till maturity though
You'd be right, but if theyre not stable enough to hold to maturity then it doesnt really matter, the recent set of bank collapses comes to mind, I dont recall the name of the bank that was known for holding assets for or working with FTX, along with some other banks, defaulted 3-4 years ago IIRC, the government stepped in to help one of them but the details are shakey... But in this case you have to pick your friends carefully, since your balance sheet may have liabilities from these weaker banks, which could topple larger ones, or even worse, an international massive bank like credit sussie deciding its insolvent... its enough to topple others just from their loss alone.
Why is every retard claiming China is going to take over while ignoring their economy is currently imploding with record unemployment? Never mind their population crisis and record low consumption.
Kola went on 4chan and saw all the chinese shill posts and thought they held water, then linked the the dow inc chart thinking its the dow jones to compare against some random chinese index as a demonstration of chinese superiority.
 
I feel like every doomposter could become 30-50 IQ higher by just feeding their doompost prompt into chat gpt and using that, sad.
I did this to argue with someone about communism the other day, weirdly they said that I was rather intelligent and can make a solid argument. Lucky for me they gave up as my free data plan ran out. Glad I am not the only one who tried to leverage this for...arguing on the internet L O L
 
Also in other news, Von der Leyen wants to increase defense spending even if it causes massive amounts of debts, meaning that Trump got what he wanted.

tl;dr in total 800 billion more in defense spending (EU wide), countries allowed to have bigger budget deficits without penalty and Von der Leyen (unelected) consulted nobody about it except her inner clique of (unelected) bureaucrats. Also lmao: "that the loans will be covered by the EU budget, but exactly how that will work remains unclear." Money printer go brrrrrrr. (First translated article from Dutch to English, so sorry if I am sloppy).
"Von der Leyen comes with a astronomical amounts for European defense: ‘Rearm Europe’" (article & archive)

Brussels – EU chief Ursula von der Leyen wants to mobilize hundreds of billions for defense investments. She calls her plan ‘Rearm Europe.’

The President of the European Commission proposes making an exception in the European budget rules for defense expenditures. Member states would then not be penalized if their budget deficit and national debt rise too much. “If member states were to increase their defense spending by an average of 1.5% of GDP, this would create nearly 650 billion euros over a period of four years,” said Von der Leyen.

Additionally, Brussels wants to make 150 billion euros in loans available for joint investments in, among other things, air defense, ammunition, drones, and cybersecurity. Furthermore, she wants to make it possible in the short term for the existing cohesion fund, a multi-billion pot for strengthening poorer regions, to be used for defense-related expenditures.

Von der Leyen is also focusing on stimulating more private money for defense and a greater role for the European Investment Bank. “All together, we arrive at a total of 800 billion euros,” said Von der Leyen on Tuesday morning during a press moment. “Europe is ready to take its responsibility. We will continue to work closely with our partners in NATO. This is Europe’s moment. And we are ready to take a step further.”

Her plan raises many questions about the details, but the unelected top bureaucrat did not want to answer any questions from the press. In a letter to heads of state and government leaders, the Commission President writes that the loans will be covered by the EU budget, but exactly how that will work remains unclear.

EU Summit

Von der Leyen is launching her ideas in the run-up to an extra EU summit this coming Thursday. It is likely too short notice for heads of state and government leaders to make decisions already. However, on March 20 and 21, there will be another EU summit, where decisions could potentially be made.

Behind the scenes, it is said that Von der Leyen and her team worked on defense plans on their own, without involving the new European Commissioner for Defense. She also did not include all member states in her thinking process.

It is certain that a heated political discussion will follow. Some EU countries, for example, do not want an exception to the budget rules for frugal member states that still do not meet NATO’s 2 percent standard.
 
That is insane. One of the things I do remember about my history classes is joking about which 'Treaty of Versailles' (of which there are a comical amount) we were talking about on a given day. Ridiculous how dumbed down and shaven down it sounds like it became. How they don't bother to contextualize the German everyman's desire to Make the Rhine Great Again after getting assraped by concessions in WWI seems like a very big thing to just skim over.
The issue is that the politics around WWI is such a complex issue and there's really only two ways to teach it, the one week way and the one semester way. I understand how high school teachers have to teach it because there's simply no time, but it is an absolute disservice to anyone genuinely curious about history.

If it makes you feel any better, the vast majority of historians don't really separate the two wars. In modern history circles it's understood as a single conflict with two hot phases.

There's a lot of other really interesting stuff about the world wars that never gets mentioned, either, like how Hitler inherited most of his secret rearmament programs from Hindenburg. Contrary to popular belief, Hindenburg was not a based peace dove centrist. He was a war hawk, and even if Hitler died in prison, Germany was absolutely going to go to war.
Problem is Congress passed as part of defence spending a provision preventing exactly that.
Yeah so just, like, bully Congress into repealing it. This comes off as
Are you sure? I was looking into this the other day, and broilers are a very different breed, and can be slaughtered after two months whereas layers mature after five, at least in an industrial context. That's part of why the flu has hit egg prices way more than poultry. So I'm not sure we'd get many eggs from the broilers.
All you said is correct, but it is also true that their eggs are required to be discarded instead of sold. I don't think it's ideal. The eggs will be sub par, but they will be eggs, and considering the circumstances I don't think many people will be upset.
 
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