Since the election, markets have begun to price in a faux inflation — something the Fed has been desperate in doing for the past two years. This has given them the gumption to, finally, embark on an actual path towards higher rates. Gone are the days when Yellen would merely threaten to hike rates, but actually do nothing. Now the Yellen Fed is armed with FAKE inflation news — which in turn has caused yields to spike higher.
Let’s be clear: if Trump is unable to improve the US economy, he will be a failed President. He lacks the ‘coolness’ of a thin smoking Obama — lauded and adored by a sycophantic media — fully supportive and congratulatory of wanton bombing of brown people by hordes of Barry’s drones.
Bear in mind, our beloved Republican conservatards presided over Obama’s 8 years of ruinous spending — accumulating more debt than every other President COMBINED. Of course, the stock market is at record highs; Obama has spent 9 TRILLION DOLLARS more than the budget permitted — effectively doubling the national debt to $20 trillion. On top of that, the Fed’s balance sheet has increased from $800b to $4.5t under Obama.
In all, the government and the Fed have stimulated the economy with more than $13 trillion since 2008.
It would be all too coincidental if the republicans, all of a sudden, found religion on spending and stood in the way of Trump’s fiscal stimulus projects — namely the great big southern border wall. To that point, spiking yields on treasuries doesn’t help the matter — as the interest to carry new debt rises — so do the chances that Trump’s plans will be derailed.
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Republicans won’t block spending. They only believe that deficits matter when Democrats are in office. I suppose it’s possible that they might disagree with Trump on how money should be spent. And certainly if Trump doesn’t give the GOP establishment Congress, that voters so stupidly elected, everything they want, they might impeach him or otherwise de-activate him. And then they would have Pence, who is one of their own, and get 100% of what they want.
The wall is a stupid idea though. We don’t have that much illegal immigration. Lots of the people who are all scared and angry about that don’t know any immigrants. And if we did have much illegal immigration, building a big long wall would not be effective and would be a waste of money. The idea of it is just a symbol that makes people feel protected. He should do infrastructure projects that are needed instead.
Joke:
What do Mexicans think of Trump’s wall?
Answer: They’ll get over it– or around it, or under it..
The last time we had a balanced budget was because of Newt Gingrich. You’re fake news.
Absolutely correct ..Newt and the optics of a Democratic Liberal president to make the reduction of transfer payments to non-workers more palatable.
He wasn’t president. He wanted to balance the budge because a Dem was pres. Reagan said deficits didn’t matter. W acted like deficits didn’t matter. Gingrich is one of Trump’s advisers. Watch Gingrich change and say deficits didn’t matter, now that a Republican is in office.
You’re so full of shit that you should get carbon tax credits.
Frog you’re a poor student of politics.
20 trillion is lot to get a handle on but if there is one thing that Republicans always come through on it’s controlled spending.
I expect a surplus/balance in two years. The debt will be 20 trillion or less come 2020, a major accomplishment.
There are about 500,000 illegal immigrants living in my state (Illinois). It is estimated that about 75% of them were born in Mexico. In my eyes, that’s A LOT of illegal immigration.
Why won’t you give this guy a chance? I thought liberals were all about giving everyone a fair chance.
I will keep trying to give him a chance. But he’s putting crony capitalist welfare queens in his cabinet who either know nothing about the department they are to head, or else they are intent on doing the opposite of what the department is supposed to do.
So, in my trying to give him a chance, he has disappointed me multiple times already.
Our current immigration is not much. Do you think many of those illegal immigrants came in during the past year or 2? It seems unlikely.
I don’t disagree with everything you say in this particular post. Frog, you sound much less stupid when you focus on criticizing the other team. While you sound hopeless when you pull out the pom poms for neocon tools just because they sport a “D” and are focus group thenthative.
Hillary is no neocon tool, although she may be more hawkish than Obama. She has said she made a mistake in voting for the Iraq War. Which was understandable because the intelligence given to Congress was bad. She is also very responsive to the public. If the public didn’t want a way, and we got out there and demonstrated, she would be likely to change her mind about it. She is so responsive that she has been criticized for changing her mind, e.g. on trade agreements, when most of the public indicated that her original position was not what they wanted..
HRC only seems like a neocon tool, if you believe Right Wing news. She isn’t.
Hillary has cankles
I have for the longest time believed that Hillary emerged from the intestines of John Hurt from that original Aliens movie.
Frog, please take the trouble to learn what actually happened re Iraq. The information has been out there for 15 years for all who care to see. It is inexcusable that so many Americans blithely send 19 year olds to die and don’t even bother to go beyond MSM propaganda. It is especially annoying when someone like yourself spouts that propaganda 24/7.
We did not overthrow the government of Iraq because of WMD …we, the IAEA, our own weapons inspector, and everyone with an IQ north of 70 knew there was no WMD in Iraq. Hillary’s IQ is north of 70, but she took the path of least resistance …as did most of our congress. Attacking Iraq was part of a plan concocted in the late 1990s by the traitors who have been running Bush, Clinton and Obama. The only get away with it because label-focused fools like yourself are manipulated and distracted.
There have been many from both the left and the right that have talked about the script that was being followed in the mid-east and north Africa. Google it. Bernie has hinted at it, Wesley Clark has spoken of it …myriad others who are not Republican. Please, get a fucking clue!
The offical number is 11 million illegals. The true number is 30 to 50 million. We need the wall and we need to stop putting our people second.
Has anyone played golf in the rain?
I have but what is worse is carrying a 50+ pound bag in 95 degree heat at Pinehurst carrying an open umbrella.
And I loved it!!
Has anyone had tacos on a Tuesday while watching dog racing ?
Regards
Chuck Bennett
No, but I have eaten a Philly cheese steak while watching Jai Lai on a Saturday.
No, but I’ve eaten a delicious sub sandwich at a sub shop in Miami with a Buddha statute out front, a large friendly Italian proprietor, and smiling red-haired “punk rock” guy making the subs.
I just love real cheesesteaks and subs. But we call subs by their real name. Hoagies.
No wings, especially the right ones.
Regards
Chuck Bennett
Tomorrow is the LAST CHANCE to make money on stocks.
The method: “SELL EVERYTHING on Inauguration Day of a
REPUBLICAN. BUY everything if a Dem is being inaugurated.”
This is a time-tested (over 100 years) foolproof way to make
money off stocks. Sell tomorrow and go to 100% cash until
a Democrat is elected President.
up 6.7% annually under repubs …worse than dems, but cash ain’t yielding 6.7%
Trump is not a fucking Republican. Wake the fuck up.
LOL, look at his cabinet. Full of crony capitalist welfare queens who either Of course he’s a Republican know nothing about the department they are to head, or else they are intent on doing the opposite of what that department is supposed to do.
As Republican as the day is long.
And voters elected in both Houses, a Republican Congress too. The GOP establishment has total control now. Or if it doesn’t, it will, if Trump doesn’t bow to their wishes, because if that happens they will impeach him or de-activate him somehow. Then Pence, an establishment Republican through and through will be 100% in charge.
frog. Sucking on a vampire cock will kill you. The Soros diatribe was the last straw. Burn in hell.
frog is a democratic unintelligent intelligence services disinformation agent
carry on, toad
Not a republican at all.
True that
Regards
Chuck Bennett
I see no reason to think that the market will fall immediately upon Trump’s inauguration. Rome wasn’t burnt in a day. But if one shorts and holds, maybe that would work.
> if one shorts and holds
2007/2008 was a black swan a very black swan.
Only you could think up the idea of “short and hold”
One of the dumbest ideas and easiest ways to lose money in the market is to equate political disagreement with selloffs.
The commie Fed will intentionally crash the market by hiking rates to discredit and incapacitate Trump. No more limit down.
Probably.
I like the part of “bombing brown people”, like all brown people are absolute angels. Right?! Give me a fucking break!
Wait, but we love bombing them.
Angels or not, we are great at it.
Regards
Chuck Bennett
True but when you spray your garden to get rid of pests you end up killing the good insects too. One hopes one gets rid of more of the bad ones so your good plants grow.
Melania is hot. Glad to get rid of low class shaved wookie.
Yeah. But I his taking the piss about killing brown people.
It’s wrong. All wrong. And now we send them to Sweden to fuck it up. That’s just evil.
Regards
Chuck Bennett
Think about it.
They do brown genocide, it becomes white genocide
Regards
Chuck Bennett