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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The EU wants to nut up and pretend they're relevant too.

Trade War Best War. I remember Trade Wars 2002 on old WWIV BBSes from my youth.

... The Farms should run a WWIV BBS instance. Complete with a mini forum and all kinds of door games, like LORD. Make people learn to telnet to post, that will keep the newfags out.
Jersh may need to create a "Survived the Trade War" trophy when this is over.
 
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Reminder that the Yakima Valley, thanks to Mt. St. Helens blowing it's top, has the EXACT same climate and soil as France. There's not a single French variety of wine that the guys in Yakima aren't already making -- they're just legally enjoined from calling it champagne. That ends in a trade war. Enjoy your superior 'Merican Champagne, Frenchies.
 
For the "Buy the Dip!" crowd I'll refer back to the 1929 chart I posted yesterday. What happened to the people who bought all these dips?

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It wasn't until about 1970 that the Dow reached pre-1929 levels adjusted in real dollars.
Nobody's holding a gun to your head and forcing you to buy ownership in companies while they're discounted. Totally your decision to make. You can buy when things are going great if you'd prefer. World needs exit liquidity.
 
What if it was destroyed by Chinese separatist completely unrelated to the trade war? How about if it's hit by a stealth attack with no proof we are involved? It sounds like this damn is a ticking time bomb if there going to nuke America whenever it eventually collapses like every other Chinesium product anyway.

I suppose ending the world rather than manage the humanitarian crisis it's collapse would create is a solution. Also I agree China is so weak their basic infrastructure can only be defended with threats of ending the earth "ancient Chinese secret" lmfao
I would expect a dirty bomb to go off somewhere in the US soon after
 
Nobody's holding a gun to your head and forcing you to buy ownership in companies while they're discounted. Totally your decision to make. You can buy when things are going great if you'd prefer.
I still wouldn't even with a gun to my head. Stock market valuations have been the Land of Make-Believe for 25 years and we're nowhere near bottom, There are far better places to put my money. Lead is one.
 
Basically the banks just started handing out loans to every nog and spic who walked in the door knowing that they couldn't afford it because the banks wanted the property. Most of these people defaulted by the 2nd payment and the banks took their houses. This is how, when you look up at how much property banks own, it's staggering. It was all a plan to transfer assets to banks.
This isn't how it works.

In today's world the bank you originate your mortgage from doesn't hold onto that loan for very long. Probably not even 24 hours once they disburse the money and get you into the loan. It is sold off to other entities immediately as part of other investment packages. Loan service providers such as Mr. Cooper in the USA are corporate entities whose sole purpose is to retrieve the cashflow relative to that mortgage, If you default that loan is again sold for pennies on the dollar to collection agencies and so on. Getting the property is the last thing they want to do in most cases.

After 2008 it still works this way. They just don't give loans out to everyone with a pulse as much anymore. On the other side homebuilding in general is not as hot as it used to be. Hence the substandard housing supply driving up prices along with other factors. The USA is like ~5 million houses short of where the supply should be in regards to population growth/immigration. This has been the case since 2008 now.
 
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