Political Posts

[Libs]

 

[Gregmal]

19 minutes ago, dwy000 said:

Far from breaking. But it is moaning.  And the stock market has responded accordingly. 

Or just doing what markets do after a 20% rally….which followed a 20% pullback. Which essentially has us flat….Rah rah 

[Parsad]

1 hour ago, changegonnacome said:

2 - a personal memecoin for El Presidente - https://gettrumpmemes.com/ - with access to the Prez for sale right now if you buy enough of $TRUMP

 

 

 

Who is designing these ads...the man looks like he has a body like Chris Hemsworth!  This is the real Trump body:

 

 

Maybe he has a funhouse mirror in his dressing room!  Cheers!

[Parsad]

1 hour ago, DooDiligence said:

 

I bet it smells like ass.

 

People whose name begins with "Doo" shouldn't throw stones!    I kid Doo, I kid! 

 

Probably smells more like urine...pee-pee tape and all.  I'm pretty sure Putin has it...both the tape and the cologne!  Cheers!

[Blake Hampton]

56 minutes ago, Blake Hampton said:

A jump in interest rates for the U.S. 10-year Treasury was one reason Mr. Trump paused his reciprocal tariff plan. And they continue to have the administration’s attention. Treasury Secretary Scott Bessent told lawmakers this month that “the debt numbers are indeed scary,” and a crisis would involve “a sudden stop in the economy as credit would disappear.”

 

America’s Debt Is Officially Tarnished. Here’s What Must Happen Next. - NYT

 

 

@ 4:54

 

Edited May 21, 2025 by Blake Hampton

[Parsad]

49 minutes ago, Blake Hampton said:

A jump in interest rates for the U.S. 10-year Treasury was one reason Mr. Trump paused his reciprocal tariff plan. And they continue to have the administration’s attention. Treasury Secretary Scott Bessent told lawmakers this month that “the debt numbers are indeed scary,” and a crisis would involve “a sudden stop in the economy as credit would disappear.”

 

America’s Debt Is Officially Tarnished. Here’s What Must Happen Next. - NYT

 

I used to worry about this stuff, until Japan hit over 200% debt to GDP and nothing happened. 

 

Even with the drop in ratings, increased debt and recent drop in the USD, it is still the reserve currency of the world by far.  More in demand than gold, crypto or any other currency.

 

Now that may not be the case if they don't start being more fiscally responsible or spur GDP growth over the next decade...so it is something to worry about, but probably not as threatening as many make it seem presently.

 

Cheers!

[Parsad]

44 minutes ago, Blake Hampton said:

 

 

The whole Arab/birther movement thing were lies started by Trump.  Lies become fact, and then remnants of those lies remain in voter's heads. 

 

It's like a defense lawyer bringing up something completely disallowed by the judge, withdraws the reference, but it is too late when stricken from the records, because the jurors have already heard it and are thinking about it.

 

Trump thrives on lies becoming fact, then those remnants stay in people's heads long after they've been debunked.  Cheers! 

[Hektor]

1 hour ago, DooDiligence said:

Maybe he'll only run for one day and be satisfied with the take.

[cwericb]

2 hours ago, DooDiligence said:

 

I bet it smells like ass.

More likely smells like bullshit.

[DooDiligence]

“I wish I had a plane to give you,” a seemingly exasperated Ramaphosa said at one point. 

 

“I wish you did. I would take it,” Trump responded. “If your country offered the United States Air Force a plane, I would take it.” 

 

https://www.rollingstone.com/politics/politics-news/trump-ramaphosa-south-africa-white-farmer-genocide-1235345116/

[Parsad]

24 minutes ago, Haryana said:

People whose ..., I kid! 

 

Have you seen me put any ads or pictures up looking like Chris Hemsworth?

[DooDiligence]

40 minutes ago, Haryana said:

 

$5.1 trillion?

"they also gave $5.1 trillion worth of investment in addition to the jet"

 

 

That's figure's inflated to include the Soviet gangster money he launders.

[changegonnacome]

8 hours ago, Parsad said:

 

I used to worry about this stuff, until Japan hit over 200% debt to GDP and nothing happened. 

 

Government debt should be understood primarily as a flow issue rather than a stock issue. Instead of focusing on debt-to-GDP ratios, one should emphasize net annual interest payments as a percentage of the fiscal's annual budget to asses the constraint it places on the cash flows and budgets of the sovereign authority.

 

Japan's debt to GDP ratio is actually approaching 250%!!!! but its interest costs on that debt stack have represented relatively low amounts annually and only consumes about ~9% of its annual budgetary costs for fiscal 2025. God bless a decade of yield curve control!

 

It might concern one to realize then that the USA is already in a WORSE net annual interest payment position than Japan with debt to GDP sitting at 'only' 124% of GDP...in 2025 interest payments on the debt will consume ~14% of the annual federal budget exceeding defense and indeed Medicaid as a line item.

 

The reason Bessent and Trump get yippy thinking about the bond market is the maturity profile of the US debt stack is very short in tenure meaning annual interest payments on the stock of debt are hugely interest rate sensitive as so much of it rolls into spot rates on an annual basis...if that weren't bad enough the stock of debt continues to rise meaningfully annually at a sizeable ~7% of GDP clip which again exposes a lot of incremental debt interest rate payments to spot interest rates....put simply its matters a heck of alot what happens in the bond market to this WH and subsequent White Houses.

 

The USA standouts amongst developed large nations for how onerous interest payments are now becoming to the fiscal authorities....I can't find any nation Greece, Italy etc in a worse position....nearest I can find are Costa Rica and Turkey- put simply interest costs are consuming a greater and greater proportion of the budget space forcing ever higher borrowings to maintain other programs.....the classic debt spiral.

 

When you see this I think one can conclude that the next Fed chair is going to be asked to try to get the FOMC to engage in some kind of yield curve control ala Japan to create a re-financing window to allow the US fiscal to get its debt stack into lower yielding paper and ease this interest payment budget problem. Perhaps you can get away with something like this like the 1972 Nixon reset....Dollar is likely to get absolutely killed in such a move and inflation would spike meaningfully...guess the plan would be for fiscal dominance to exist briefly to allow a reset in debt dynamics.

 

Forget Mar-A-Lago accords - this requires multilateral action...that is not Trump's style......yield curve control would be a unilateral act....our dollar, your problem....as the bottom falls out of dollar reserves and treasury holdings overseas......an aggressive one time transfer from creditors to the debtor Uncle Sam to help reset the fiscal position.

 

 

Edited May 22, 2025 by changegonnacome

[John Hjorth]

On 5/3/2025 at 6:06 PM, John Hjorth said:

This weeks KAL cartoon at the Economist [1^st May 2025]:

 

 

 

This weeks KAL cartoon at the Economist [15^th May 2025]:

 

 

 

[Spekulatius]

8 hours ago, Haryana said:

 

$5.1 trillion?

"they also gave $5.1 trillion worth of investment in addition to the jet"

 

Don’t forget the crypto deal with Trumps crypto venture:

https://qz.com/abu-dhabi-cryptocurrency-trump-stablecoin-mgx-binance-1851778879#:~:text=MGX will invest $2 billion in the cryptocurrency exchange Binance Holdings&text=We may earn a commission from links on this page.&text=MGX%2C a fund backed by,by a Trump family firm.
 

A free jet for Trumps library and a deal worth a few hundred million for his family crypto business is not a bad tally.

[Blake Hampton]

House Passes Trump Tax Bill After Last-Minute Changes - WSJ

[Blake Hampton]

Insanity.

[John Hjorth]

16 minutes ago, Blake Hampton said:

House Passes Trump Tax Bill After Last-Minute Changes - WSJ

 

7 minutes ago, Blake Hampton said:

Insanity.

 

Blake [ @Blake Hampton ] and other US CofB&F members,

 

Where to read about the factual content of this proposal and the expected consequences of it? Thank you in advance.

[Blake Hampton]

1 minute ago, John Hjorth said:

Blake [ @Blake Hampton ] and other US CofB&F members,

 

Where to read about the factual content of this proposal and the expected consequences of it? Thank you in advance.

 

WSJ, NYT, and common sense.

[John Hjorth]

1 minute ago, Blake Hampton said:

WSJ, NYT, and common sense.

 

Isen't there a a non-secondary 'executive summary' like elaboration on a government or administration webpage  somewhere? I personally consider both WSJ and NYT secondary and biased as well on exactly this stuff, although and while I visit them both every morning.

 

[cubsfan]

So hilarious - of course the racist Democratic Party opposes immigration when the immigrants are white. You can't make this stuff up.

 

https://www.theguardian.com/us-news/2025/may/20/marco-rubio-tim-kaine-south-africa

[changegonnacome]

21 minutes ago, cubsfan said:

So hilarious - of course the racist Democratic Party opposes immigration when the immigrants are white. You can't make this stuff up.

 

https://www.theguardian.com/us-news/2025/may/20/marco-rubio-tim-kaine-south-africa

 

your own link gives the correct context

 

 “Trump has falsely asserted that white farmers in South Africa are undergoing a “genocide” and deserving of special status. By contrast, he suspended the US’s refugee resettlement programme on his first day in office in January, in effect stranding 100,000 people previously approved for resettlement.

Kaine asked why Afrikaners were more important than the Uyghurs or Rohingyas, who have faced intense persecution in China and Myanmar respectively, and also cited the cases of political dissidents in Cuba, Venezuela and Nicaragua, as well as Afghans under the Taliban.”

 

The Trump admin is doing the classic over reactionary move……dems overly coddling to non-white folks…. Trump admin will literally invent persecution of foreign white folks as a way to I dunno ‘own the libs’.
 

Inverse culture wars…..can we just have like no culture wars for a change?

[TwoCitiesCapital]

13 minutes ago, changegonnacome said:

 

your own link gives the correct context

 

 “Trump has falsely asserted that white farmers in South Africa are undergoing a “genocide” and deserving of special status. By contrast, he suspended the US’s refugee resettlement programme on his first day in office in January, in effect stranding 100,000 people previously approved for resettlement.

Kaine asked why Afrikaners were more important than the Uyghurs or Rohingyas, who have faced intense persecution in China and Myanmar respectively, and also cited the cases of political dissidents in Cuba, Venezuela and Nicaragua, as well as Afghans under the Taliban.”

 

The Trump admin is doing the classic over reactionary move……dems overly coddling to non-white folks…. Trump admin will literally invent persecution of foreign white folks as a way to I dunno ‘own the libs’.
 

Inverse culture wars…..can we just have like no culture wars for a change?

 

No.

 

Poor folks need someone to blame their poorness on. 

 

 

[cubsfan]

51 minutes ago, changegonnacome said:

 

your own link gives the correct context

 

 “Trump has falsely asserted that white farmers in South Africa are undergoing a “genocide” and deserving of special status. By contrast, he suspended the US’s refugee resettlement programme on his first day in office in January, in effect stranding 100,000 people previously approved for resettlement.

Kaine asked why Afrikaners were more important than the Uyghurs or Rohingyas, who have faced intense persecution in China and Myanmar respectively, and also cited the cases of political dissidents in Cuba, Venezuela and Nicaragua, as well as Afghans under the Taliban.”

 

The Trump admin is doing the classic over reactionary move……dems overly coddling to non-white folks…. Trump admin will literally invent persecution of foreign white folks as a way to I dunno ‘own the libs’.
 

Inverse culture wars…..can we just have like no culture wars for a change?

 

I didn't realize that killing thousands of South African white farmers was not genocide?

 

But they're white, so don't let them in!

 

Meanwhile, good old democrats have no problem with 500,000 criminal immigrants.

[Sweet]

Another Covid conspiracy theory and ‘fake’ claims that turned out to have some truth to it:

 

”The CDC last month told its independent vaccine advisers that research showed Covid-19 vaccinations from 2020 through 2022 showed a statistically significant increased risk of myocarditis. The incidents were rare, however, and “there is no increased risk observed with the doses administered in subsequent years,” the agency said.”

https://amp.cnn.com/cnn/2025/05/21/health/fda-covid-vaccine-warning-heart-inflammation