RIGOLO wrote: » You have asserted far too much to my assesment of the bill. I never even went close to stating that. Its not really a good way or anyway to start a discussion.
RIGOLO wrote: » And the debt level continues on the trend also set by Obama. Numbers are my forte , and anyone can twist a number to their own agenda. Are we talking dollar debt increase or percentage debt increase. Much of the numbers people are using are coming out of the CBO , again using their numbers to set their agenda. It reminds me of how the blind who were leading the blind back in Ireland in Celtic tiger days and everyone was using the ESRI numbers to say things were grand. Do the rules allow a person to play both games , the short and the long, after all diffenrent elements of society move at different paces, some items play out short term and some play out on a longer term. And yes long term, you have your projections , I have mine. Considering Im old enough to have lived thru a number of trends and cycles , and survived most by trusting my own instinct and number crunching, im content to follow the same instinct on this one, long term. Neither of us will have a definitive answer today , tomorrow or next month, we will have some but its going to take more time for the full reveal. For now just make your pension decisions , cash, equities, us , emerging, bonds etc
RIGOLO wrote: » No , what that is , is what you have posted. That is your summary of my position. Its a free forum . But lets be clear this is your summary of my position. I think there is far too much of that in peoples responses to posts in general. Posters frequently start a response with a 'so to summarise your position' , inevitably they get the summary wrong and then it just becomes a lingusitic debate of who summarised whos post correctly or incorrectly. People would be far better off to do less summaries of other posts or attitudes. It just leads to clogging up the airwaves.
Leroy42 wrote: » Haha, this is too funny. You are the first to come congraatulating Trump on whatever the latest news you have heard. These bills are great, tax cuts are great etc. Now you want to play the long game. OK, so long game is that even based on the current growth projections the national debt, as per the links already posted, is set to reach levels not seen since the 1930's. That Trump is relying on levels of growth that would be both unheard of and unhealthy since the people simply doesn't exist to cover the jobs (unless we start letting Mexicans in again but they are all criminals) The trend so far is that corporations are using the bonus for the tax cuts to undertake massive and record setting stock buy backs. That the money is not going to large job increases (the job number continue on the trend set by Obama) and wage growth is nowhere near the levels of the tax cuts.
RIGOLO wrote: » Considering Im old enough to have lived thru a number of trends and cycles , and survived most by trusting my own instinct and number crunching, im content to follow the same instinct on this one, long term. Neither of us will have a definitive answer today , tomorrow or next month, we will have some but its going to take more time for the full reveal. For now just make your pension decisions , cash, equities, us , emerging, bonds etc
RIGOLO wrote: » And the debt level continues on the trend also set by Obama. ...
Igotadose wrote: » . In a painful way, the fact of the interest rate rising in October probably adds height and volume to the blue wave that's coming.
Danzy wrote: » The Blue Wave seems to be subsiding. There will be big gains but they'll be hard pressed to win a majority. If the trend of the last 6 months continue they might even lose a few from what they have.
kilns wrote: » When did America become such a divided country when the person an American hates the most is the America who has a different idealogy and point of view to them. There needs to be a reset of the whole country, it may take a while but a new political movement needs to be born However, to address the current lobsided balance if there is no "blue wave" at the mid terms, then America deserves everything it gets, they can complain no longer
josip wrote: » I'm not so sure the Dems will do well. At the moment they don't seem to know whether they're capitalists or socialists.https://www.bbc.com/news/world-us-canada-44625617
rossie1977 wrote: » 1990s. This is when talk radio and fox news became popular. It created a far right movement that has grown year by year. 1990s also saw for the first time hardliners voted in top positions. People like Gingrich who were obstructional and caused government shut-downs. It's no different to the tea party movement in 2009-14. Populism is in and the Democrats are only now beginning to come around to that. The 2020 election will be won in a handful of states like Pennsylvania, Michigan, Wisconsin. A populist Democratic candidate has a better chance of winning those states and appealing to blue collar voters than a corporate Democrat does.
jooksavage wrote: » "North Korea making 'rapid' upgrades to nuclear reactor despite summit pledges"https://www.theguardian.com/world/2018/jun/27/north-korea-nuclear-reactor-upgrades-summit-pledges WTF? Well, I suppose you can't expect these deals to last forever. It has been a full 2 weeks since the summit.
SVM-MED, a Miami birth-tourism company that also boasts outposts in Moscow and Kiev, offers three tiers of packages to its clients, with the top two advertising lodging in Trump Towers. The most expensive package costs $84,700 for a Trump Tower II apartment with a gold-tiled bathtub and chauffeured Cadillac Escalade or Mercedes Benz.
rossie1977 wrote: » kilns wrote: » When did America become such a divided country when the person an American hates the most is the America who has a different idealogy and point of view to them. There needs to be a reset of the whole country, it may take a while but a new political movement needs to be born However, to address the current lobsided balance if there is no "blue wave" at the mid terms, then America deserves everything it gets, they can complain no longer 1990s. This is when talk radio and fox news became popular. It created a far right movement that has grown year by year. 1990s also saw for the first time hardliners voted in top positions. People like Gingrich who were obstructional and caused government shut-downs. josip wrote: » I'm not so sure the Dems will do well. At the moment they don't seem to know whether they're capitalists or socialists.https://www.bbc.com/news/world-us-canada-44625617 It's no different to the tea party movement in 2009-14. Populism is in and the Democrats are only now beginning to come around to that. The 2020 election will be won in a handful of states like Pennsylvania, Michigan, Wisconsin. A populist Democratic candidate has a better chance of winning those states and appealing to blue collar voters than a corporate Democrat does.
RIGOLO wrote: » If you believe markets only go up and they never go down. , then I guess you can see no positive If you follow trends then you can take a long view. I dont think you read my posts fully, I said the US can absorb the shocks better than other nations. I never said the trade rebalancing would be without some US hits and impacts. Again why are people assuming one day and one play makes the whole picture . US market went down, and suddenly people think its proof Trumps economic policy is not working and will not work long term. Im still open for anyone wanting to take up my offer on discussing the Shanghai Index collapse and what this means for US - China relations in Trumps first term as well as potentially into his second term... anyone ...
First blood to Trump in the trade rebalacing, it may be a mortal blow
kilns wrote: » Forgot he has to pay for his space force too, which will add a couple of billion to the debt
Manic Moran wrote: » I'm not sure it'll add that much. I strongly suspect there will be some administrative costs involved, but it's likely merely detaching the current Joint Force Space Component Command and the US Air Force Space Command (combined force well exceeding 30,000 personnel) into its own independent purpose-oriented organisation. I'm enjoying the memes as much as anyone, but I'm not sure it's not a bad idea, much as the US Air Force was detached from the Army after some four decades of being the US Army Air Corps/Air Force. Paying more attention to space has become more and more important, note how Obama in his last defense bill started to emphasise space operations. http://www.latimes.com/nation/la-na-missile-defense-signing-20161223-story.htmlhttps://www.cnn.com/2018/06/19/opinions/trump-space-force-air-force-divide-kirby/index.html
weisses wrote: » RIGOLO wrote: » If you believe markets only go up and they never go down. , then I guess you can see no positive If you follow trends then you can take a long view. I dont think you read my posts fully, I said the US can absorb the shocks better than other nations. I never said the trade rebalancing would be without some US hits and impacts. Again why are people assuming one day and one play makes the whole picture . US market went down, and suddenly people think its proof Trumps economic policy is not working and will not work long term. Im still open for anyone wanting to take up my offer on discussing the Shanghai Index collapse and what this means for US - China relations in Trumps first term as well as potentially into his second term... anyone ... thats a bit rich coming from someone who is stating First blood to Trump in the trade rebalacing, it may be a mortal blow And you do realize the Trump trade wars are only partially to blame for the SSE downwards correction right ? The US cannot absorb retaliation measures coming from the EU, Canada, and China Heck he's going ape**** about Harley Davidson already ... He hasn't got a feckin clue what is coming
Leroy42 wrote: » It is a nothing idea, a thought bubble by a man who has not one clue what he is talking about.
Manic Moran wrote: » Leroy42 wrote: » It is a nothing idea, a thought bubble by a man who has not one clue what he is talking about. If you would avoid letting your opposition of the man blind you to the backstory, you might want to look into the history of the proposal, it's been bandied about since at least 2000 when it was recommended by a commission. https://fas.org/spp/military/commission/report.htm Of course, other distractions came up shortly thereafter and the idea was tabled for a while. It kicked up again last year after a House Armed Services Committee again made the recommendation.Reorganizes the national security space enterprise to ensure prioritization of the space domain by creating a U.S. Space Corps as a separate military service within the Department of the Air Force and under the civilian leadership of the Secretary of the Air Force; https://armedservices.house.gov/news/press-releases/mark-release-subcommittee-strategic-forces The White House actually objected to it last year when it was being considered by Congress. https://www.defensenews.com/congress/2017/07/12/white-house-against-space-corps-and-other-house-plans-fueling-policy-bill-debate/ However, when the House Armed Services Committee passed with an overwhelming 60-1 bi-partisan vote the idea in the middle of last year, ("GAO has done three studies on this, all of which tell us that you cannot maintain the current organizational construct of the Air Force and solve the acquisition problems and the operational problems that we have.") and put the direction to create the Space Force (Or Corps, terminology keeps changing) in the 2018 Defense Authoristion Act, that bill also passed with bipartisan support about 380-80. https://www.cnn.com/2017/07/14/politics/house-passes-defense-bill-space-corps/index.html. An attempt to amend the bill by removing the Space Force recommendation was defeated. So what seems to have happened is that Trump has changed position to match what Congress has been looking to for the past year.