Because Biden

[sunday]

Gentlemen, remember that the Arizona electoral system is best system in the whole Universe.

[Rick]

3 hours ago, Stuart Galbraith said:

Let me tell you a story...

There was a store owner in the Uk. Lets call him Sir Phillip Green. In the early 1960's he made his money by importing cheap West German camera's, which undercut the British market, putting many British companies out of business. On the one hand, yes thats clever business. That he was probably giving work to some of the guys that murdered his extended family only 15 years after the war, didnt seem to occur to him, or even worry him unduly.

He later went on to buy a famous chain of British stores, British Home Stores. Everyone loved it, everyone shopped at it. But it was somewhat past its best and it was hoped he could inject money into it. He iddnt. What he did was rob the pension account in a legal manner, starve it of funds, asset strip it, and then flog it off to a buddy for one pound to be shot of it. The result was, he made a lot of money, didnt face any criminal prosecution, and pissed off to the Mediterranean on a superyacht.

Thats how capitalism works in the west today. I have zero problem with capitalism that puts people first. When its some greedy bastard like Sir Phillip Green making his own personal mark up from fucking people over, then yes, I have issues. Profiteering used to be a criminal offence in Britain, and arguably still should be.

TBH, I dont get a choice. I get a choice of Chinese or Turkish built televisions, and that is it. Would I pay twice more over the odds to buy a British television because I would know it was well built? Sure. I would actually do that. And you know full well Ill never get the opportunity to do that again. Because of greedy middle men whom refuse to give a choice. Even Amazon is full of chinese tat these days, because its how they make the mark up. That its junk doesnt factor into it. Perhaps you would be willing to pay over the odds to buy an American television. Somehow I doubt you will get the opportunity either, because the market is stacked against that ever happening again.

IMHO, I think it probably is time to look at tarrifs again, at least in some select industries. Thats perhaps the one area im willing to agree with Trump and some republicans. If its that or making some Chicom bastard obscenely rich, I guess Im just going to have to hold my nose and do it.

Let's dissect the most important paragraph, the first one. 

"... early 1960's he made his money by importing cheap West German camera's, which undercut the British market, putting many British companies out of business." -- So the British consumer bought these W. German cameras from the folks who murdered their countrymen 15 years ago. Everything else you wrote is the result of the choices made by these British consumers buying W. German cameras.

[rmgill]

Now, do the socialists who ran British Leyland into the ground. 

[17thfabn]

9 hours ago, rmgill said:

 

That was very funny. It seemed like a scene from a comedy. Joe Biden playing the part of the air head lawyer who wants to sound smart. I picture Ted Knight playing his part.

[Stuart Galbraith]

3 hours ago, Rick said:

Let's dissect the most important paragraph, the first one. 

"... early 1960's he made his money by importing cheap West German camera's, which undercut the British market, putting many British companies out of business." -- So the British consumer bought these W. German cameras from the folks who murdered their countrymen 15 years ago. Everything else you wrote is the result of the choices made by these British consumers buying W. German cameras.

And the same in your own country, which undercut proud, long established American car manufacturers like Plymouth or Buick that built cars as long as a Battleship, and instead bought Hitler Bubble Car....

 

[DKTanker]

9 minutes ago, Stuart Galbraith said:

And the same in your own country, which undercut proud, long established American car manufacturers like Plymouth or Buick that built cars as long as a Battleship, and instead bought Hitler Bubble Car....

 

Wow, just...wow.  First, VW Beetles and vans were never a threat to US auto manufacturing.  Second, Buick was a division of General Motors before 1939 and remains so today.  Third, Plymouth was a redundant division of the Chrysler Corp and it was killed off by Brother Obama, not Comrade Fritz.  Fourth, the real threat to US auto manufacturing since about 1970 has been the US auto manufacturing industry and its bloated labor force.  Fifth, the result of fourth, is that foreign competition has made significant in roads because in many cases they're just better and more reliable vehicles and not necessarily cheaper.  Most times they are at the same price point as domestic equivalents, many times higher.

[rmgill]

And in many cases, the Hondas or Toyota's assembled in the US by NON Union workers are of higher quality than the Union cars. 

Honda and the other Japanese automakers had a vision that was adaptable to the times. The same goes for the Motorcycles. 

[rmgill]

 

[rmgill]

 

[DKTanker]

Camera direction, no zebras here.  Dana Bash noticed the active camera was on her instead of Jake Tapper.  The producer was apparently temporarily afflicted with Biden Syndrome.

Speaking of which, today I heard it opined that Biden is quite likely suffering from Parkinson's Disease Dementia. While most people understand Parkinson's disease to be on primarily of motor control, if Lewy Bodies are present, then PDD can present initially as a mental cognitive disease that then progresses to include physical problems.  Said the neurosurgeon, who for obvious reasons wishes to remain anonymous, Biden's mental deficiencies were being noticed by the public more than five years ago and have been increasing in seriousness ever since.  The physical symptoms starting presenting at least as early as when he lost balance and took a spill from his bicycle two years ago and have progressed to a worsening state ever since.
With that in mind the GOP, not just The Donald, must insist that Biden submit to a full battery of tests and make the results public.  The public has a right to know if a presidential candidate, showing obvious signs of mental impairment, will be able to effectively conduct the affairs of the Presidency.

Edited July 2, 2024 by DKTanker

[Murph]

And control the nuclear codes.

[rmgill]

Come on. We have a president. Her name is Jill Biden. 
 

We will decide our future.  

[DKTanker]

7 minutes ago, rmgill said:

Come on. We have a president. Her name is Jill Biden. 
 

We will decide our future.  

 

According to Lara Trump it is her father-in-law that is the president.  She has opined that while the Biden Crime Family syndicate is technically in charge, it is Donald Trump that is the real president leading the nation.

[JWB]

 

[Skywalkre]

21 hours ago, Detonable said:

 Uh, most of what Trump said there about the economy and developing the vaccine was spot on. And what Biden said about it was massively dishonest.

Maybe the quote below is him referencing the vaccine (can he still bring this up at rallies without getting booed by his own supporters?).

As for the economy... what did he say that was spot on?  Here's one example where he was full of it:

Quote

TAPPER:  President Trump, over the last eight years, under both of your administrations, the national debt soared to record highs. And according to a new non-partisan analysis, President Trump, your administration approved $8.4 trillion in new debt. While so far, President Biden, you’ve approved $4.3 trillion in new debt.

So former President Trump, many of the tax cuts that you signed into law are set to expire next year. You want to extend them and go even further, you say. With the U.S. facing trillion-dollar deficits and record debt, why should top earners and corporations pay even less in taxes than they do now?

TRUMP:  Because the tax cuts spurred the greatest economy that we’ve ever seen just prior to COVID, and even after COVID. It was so strong that we were able to get through COVID much better than just about any other country. But we spurred – that tax spurred.

Now, when we cut the taxes – as an example, the corporate tax was cut down to 21 percent from 39 percent, plus beyond that – we took in more revenue with much less tax and companies were bringing back trillions of dollars back into our country.

The country was going like never before. And we were ready to start paying down debt. We were ready to start using the liquid gold right under our feet, the oil and gas right under our feet. We were going to have something that nobody else has had. We got hit with COVID. We did a lot to fix it. I gave him an unbelievable situation, with all of the therapeutics and all of the things that we came up with. We – we gave him something great.

The bolded bit in particular is a joke.  First, it's easy to look up yearly deficits and see year after year under Trump they were rising (he deserves some slack for how big it was during the first year of COVID, though, as that was unavoidable).  Second, even when he was passing his tax cuts there was no serious economist out there thinking what he's talking about would actually happen.  It was always a fantasy, and the data shows that, but it's apparently reality in Trump's head.

[DKTanker]

1 hour ago, JWB said:

 

He'd been back from Italy for 13 days eight of which were holed up at Camp David where he could take all the uninterrupted naps that he wanted.

[Skywalkre]

21 hours ago, rmgill said:

Skywalkre, so what was inflation at for Trump and then for Biden? Before covid what was Inflation? what is it now? Was Biden's answer there accurate?

Biden just whiffed on a lot of the questions.  I'm not seeing anyone here on TN argue that he did good (honestly from my own notes I gave him credit ONCE for a cut on Trump late in the debate... despite there being plenty of opportunities).

But... to imply and believe that inflation is all Biden's fault is comical.  I haven't seen or heard any serious economist or reports from the Fed claim as much.  There's a lot of blame to go around, and both Biden and Trump deserve some of it, but not all of it.

[Ivanhoe]

Inevitable;

 

[rmgill]

9 hours ago, Skywalkre said:

But... to imply and believe that inflation is all Biden's fault is comical. 

Its a direct result of the dumping cash into the economy. Its the M1 money supply. 
 

 

What do you think directly affects the value of something? If a company offers a pile of stock, the stock value will drop. If the US government just prints a bunch of Benjamin's and dumps them into the economy, then the value of the dollar will drop. ie inflation rises. 
 

Did you not pay attention to the effects in Germany in the interwar years or Zimbabwe under Mugabe? 

[17thfabn]

9 hours ago, Skywalkre said:

Biden just whiffed on a lot of the questions.  I'm not seeing anyone here on TN argue that he did good (honestly from my own notes I gave him credit ONCE for a cut on Trump late in the debate... despite there being plenty of opportunities).

But... to imply and believe that inflation is all Biden's fault is comical.  I haven't seen or heard any serious economist or reports from the Fed claim as much.  There's a lot of blame to go around, and both Biden and Trump deserve some of it, but not all of it.

I heard Biden try and deliver a shot that 150 historians said Trump was the worst president in U.S. history. He delivered the line horribly. Then Trump used typical 8 year old debating tactics basically saying I'm rubber your glue, what you say bounces off me and sticks to you, you Biden are the worst. 

Trump does deserve his SHARE of blame for inflation. It can be argued that some of it was due to COVID spending. On the other hand Biden want to continue to pour more money into the economy fueling inflation.

In the same vein it is silly for Biden to talk about how bad the economy was at the end of Trump's administration. Not taking into account a once in a hundred years pandemic and its effect on the world wide and U.S. economies. 

[sunday]

39 minutes ago, rmgill said:

Its a direct result of the dumping cash into the economy. Its the M1 money supply. 
(...)

Not in Arizona!

[rmgill]

Biden wanted to pour money into the economy to pay off donors and special interests. We had Janet Yellin saying Inflation would be transitory. Then they had to re-appraise. 

The gall of calling one of the cash dumps the Inflation Reduction act was absurd. But par for the course. 

https://reason.com/2022/11/29/bidens-spending-spree-is-unprecedented/

[lucklucky]

Journalism

 

[Stargrunt6]

22 hours ago, Ivanhoe said:

Inevitable;

 

Just like Hillary in 2016

[Detonable]

On 7/2/2024 at 10:53 PM, Skywalkre said:

Maybe the quote below is him referencing the vaccine (can he still bring this up at rallies without getting booed by his own supporters?).

As for the economy... what did he say that was spot on?  Here's one example where he was full of it:

The bolded bit in particular is a joke.  First, it's easy to look up yearly deficits and see year after year under Trump they were rising (he deserves some slack for how big it was during the first year of COVID, though, as that was unavoidable).  Second, even when he was passing his tax cuts there was no serious economist out there thinking what he's talking about would actually happen.  It was always a fantasy, and the data shows that, but it's apparently reality in Trump's head.

  The fantasy is in your head...

 

National Deficit | U.S. Treasury Fiscal Data

 

Deficit.docx