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Edited by Mrph1 on Nov 30th 2023 at 11:03:59 AM

nombretomado (Season 1) Relationship Status: [TOP SECRET]
#287626: Aug 14th 2019 at 2:29:09 PM

I'm going to echo what Septimus said, with a mod hat on:

I also think that once we begin to compare embryos to cancers, abortion discussions need to be dialed back.

RainingMetal (Handed A Sword) Relationship Status: THIS CONCEPT OF 'WUV' CONFUSES AND INFURIATES US!
#287627: Aug 14th 2019 at 2:35:11 PM
Thumped: This post has been thumped with the mod stick. This means knock it off.
ASAB: All Sponsors Are Bad.
KazuyaProta Shin Megami Tensei IV from A Industrial Farm Since: Jan, 2015 Relationship Status: [TOP SECRET]
Shin Megami Tensei IV
#287628: Aug 14th 2019 at 2:43:41 PM

...Uh...Better we don't go there, for the sake of the sanity of everyone here

Watch me destroying my country
Ultimatum Disasturbator from the Amiga Forest (Old as dirt) Relationship Status: Who needs love when you have waffles?
Disasturbator
#287629: Aug 14th 2019 at 2:46:04 PM

Yeah,so,the stock market

Another global recession incoming from as a result of a Republican President,it's like a wave and I don't forward to the crash its going to make

have a listen and have a link to my discord server
nombretomado (Season 1) Relationship Status: [TOP SECRET]
#287630: Aug 14th 2019 at 2:52:26 PM

[up][up][up]If we ask to move on, it means move on.

Ultimatum Disasturbator from the Amiga Forest (Old as dirt) Relationship Status: Who needs love when you have waffles?
Disasturbator
#287631: Aug 14th 2019 at 2:59:05 PM

I suppose the big difference THIS president and the last one is that Bush was'nt so deliberately antagonistic towards the markets,the current one does everything out of reckless spite,fully aware of the damage they're doing,Bush came across careless and bumbling I found

have a listen and have a link to my discord server
RainingMetal (Handed A Sword) Relationship Status: THIS CONCEPT OF 'WUV' CONFUSES AND INFURIATES US!
#287632: Aug 14th 2019 at 3:00:59 PM

More or less the standard protocol for Trump vs Bush comparisons.

ASAB: All Sponsors Are Bad.
Kaiseror Since: Jul, 2016
#287633: Aug 14th 2019 at 3:05:23 PM

I was only away from the thread for a few hours, did another recession happen when I was gone?

Ultimatum Disasturbator from the Amiga Forest (Old as dirt) Relationship Status: Who needs love when you have waffles?
Disasturbator
#287634: Aug 14th 2019 at 3:07:34 PM

No but one is possibly incoming

have a listen and have a link to my discord server
Rationalinsanity from Halifax, Canada Since: Aug, 2010 Relationship Status: It's complicated
#287635: Aug 14th 2019 at 3:16:57 PM

Incoming could means years, of course.

Two major differences between Trump and Bush was that A), Bush was already a lame duck when the economy started faltering and had little motivation for impulsive fixes, and B) Bush didn't start a multifront trade war out of sheer ego.

Politics is the skilled use of blunt objects.
Parable Since: Aug, 2009
#287636: Aug 14th 2019 at 3:17:20 PM

Stock markets had their second worst day of the year.

RainingMetal (Handed A Sword) Relationship Status: THIS CONCEPT OF 'WUV' CONFUSES AND INFURIATES US!
#287637: Aug 14th 2019 at 3:21:06 PM

So how much has the US Dollar fallen? Does the Canadian Dollar look better?

(I'm longing for the times when it wasn't a 1:2 exchange rate)

ASAB: All Sponsors Are Bad.
LeGarcon Blowout soon fellow Stalker from Skadovsk Since: Aug, 2013 Relationship Status: Gay for Big Boss
Blowout soon fellow Stalker
#287638: Aug 14th 2019 at 3:26:53 PM

The dollar is the world reserve currency, it's not going to be moving much.

Oh really when?
Ultimatum Disasturbator from the Amiga Forest (Old as dirt) Relationship Status: Who needs love when you have waffles?
Disasturbator
#287639: Aug 14th 2019 at 3:44:32 PM

Oh?What makes you think that?

have a listen and have a link to my discord server
singularityshot Since: Dec, 2012
#287640: Aug 14th 2019 at 3:51:44 PM

The dollar being the number one reserve currency pretty much means that it's easier to think of it as a constant and every other currency moving around it. So the dollar falling should really be read as every other currency rising.

It's only if the Fed engages in currency manipulation does that perspective falter.

sgamer82 Since: Jan, 2001
#287641: Aug 14th 2019 at 3:56:25 PM

Got some "Shots Fired" news maybe:

Pelosi refers to Mc Connell as 'Moscow Mitch' – Speaker Nancy Pelosi (D-Calif.) on Wednesday called Senate Majority Leader Mitch Mc Connell (R-Ky.) "Moscow Mitch" while attacking him for blocking House Democrats' legislation, including election security measures.

https://thehill.com/homenews/house/457419-pelosi-refers-to-mcconnell-as-moscow-mitch

Pelosi invoked the "Moscow Mitch" moniker while referring to Mc Connell's embrace of his portrayal as the "Grim Reaper" blocking House Democrats' progressive policies from moving forward in the Senate.

"We all want to invest in building our democracy and saving it from any enemies, foreign and domestic," Pelosi said in remarks before the Illinois Democratic County Chairs' Association in Springfield, Ill., as she discussed House Democrats' overall agenda.

“We’ve sent our legislation to the Senate. Moscow Mitch says that he is the Grim Reaper. Imagine describing yourself as the Grim Reaper, that he’s going to bury all this legislation," Pelosi said. "Well, we have news for him. All this legislation is alive and well in the general public."

AceofSpades Since: Apr, 2009 Relationship Status: Showing feelings of an almost human nature
#287642: Aug 14th 2019 at 5:34:57 PM

Man, that nickname is proving to have some legs. I really hope that sticks around and manages to ding his reputation enough to get him voted out.

Also it's very appropriate that I'm currently watching a news bit on the Russians apparently investing lots of money in Kentucky and it's suspected that Mc Connell had something to do with that.

sgamer82 Since: Jan, 2001
#287643: Aug 14th 2019 at 7:33:46 PM

https://whatthefuckjusthappenedtoday.com/2019/08/14/day-937/

    Day 937: Clueless. 

1/ The Trump administration formally proposed regulation allowing some businesses to discriminate against workers on the basis of race, ethnicity, national origin, sex, and LGBTQ status by citing religious objections. The rule would apply to any organizations with federal contracts, including corporations, schools, and societies, provided they claim a "religious purpose," but that "this need not be the contractor's only purpose." (BuzzFeed News)

https://www.buzzfeednews.com/article/dominicholden/trumps-latest-proposal-would-let-businesses-discriminate

2/ Planned Parenthood will withdraw from the nation's family planning program because of new Trump administration rules that block Title X funds for organizations that provide or refer patients for abortion. Federal funding for abortion is already prohibited in most cases. The new rules, however, target any group involved in providing or counseling patients about abortions, blocking them from receiving Title X funding to pay for other services, such as contraception and health screenings. Planned Parenthood asked for a stay against the new rules. (NPR)

https://www.npr.org/2019/08/14/751062602/planned-parenthood-to-withdraw-from-title-x-unless-court-intervenes

A Congressional Republican defended banning all abortion with no exceptions for rape or incest. Steve King also argued that if it were not for rape or incest, there wouldn't "be any population of the world left." [Editor's note: Go fuck yourself Steve King.] (Des Moines Register / New York Times / Washington Post / Axios)

https://www.desmoinesregister.com/story/news/politics/2019/08/14/steve-king-abortion-rape-incest-westside-conservative-iowa-representative-birth-iowa-civilization/2007230001/

3/ Trump claimed – without evidence – that being president will personally cost him $5 billion dollars due to the lawyers defending him in various lawsuits. (NBC News)

https://www.nbcnews.com/politics/donald-trump/trump-being-president-it-s-probably-costing-me-3-5-n1042016

The Secret Service stayed at a Trump hotel in Vancouver while protecting Trump Jr. on a hunting trip to Canada in August 2017. They spent $5,700. The Secret Service also spent $20,000 at the same hotel in February 2017 when Trump Jr., Eric Trump and Tiffany Trump attended the hotel's grand opening. Congress hasn't launched a formal investigation into federal spending at Trump properties, but the House Oversight Committee has focused on the emoluments clause of the Constitution, which forbids presidents from accepting gifts from foreign officials. (Politico)

https://www.politico.com/story/2019/08/14/secret-service-donald-trump-jr-canada-hotel-1459051l

4/ The Trump administration will shield funding for Ivanka Trump and Pence's programs as the White House looks to cancel billions of dollars in unspent funding already approved by Congress. The White House is expected to propose returning billions of dollars of unspent foreign aid funds to the Treasury in a process known as rescission. The Office of Management and Budget, however, has already ruled out canceling funds for Ivanka's Women's Global Development and Prosperity Initiative, Pence's programs for Christians, Yazidis and other religious minorities in the Middle East, and some global health programs. Republicans and Democrats say the review undermines Congress's authority to appropriate funds. (Washington Post)

https://www.washingtonpost.com/world/national-security/us-officials-shield-ivanka-trump-and-mike-pence-projects-in-review-of-foreign-aid/2019/08/14/82db2847-2bf2-4ffe-b944-2aee7cba8c01_story.html

5/ The Dow posted its largest decline of the year. The Dow dropped 800 points, or about 3.05%, while the S&P 500 fell 85.72 points, or 2.93%. For the first time since the the Great Recession, the yields on 2-year U.S. bonds eclipsed those of 10-year bonds. The yield curve inversion is considered one of the most reliable leading indicators of a recession in the U.S. It has preceded every economic decline in the past 60 years with a recession occurring, on average, 22 months following an inversion. (Bloomberg / Wall Street Journal / CNBC / New York Times / Washington Post / NPR)

https://www.npr.org/2019/08/14/751129610/dow-tumbles-over-600-points-as-bond-markets-signal-recession

Recession watch: What is an "inverted yield curve" and why does it matter? (Washington Post)

https://www.washingtonpost.com/business/2019/08/14/recession-watch-what-is-an-inverted-yield-curve-why-does-it-matter/

6/ Trump, meanwhile, called Federal Reserve Chairman Jerome Powell "clueless" and blamed him for the "CRAZY INVERTED YIELD CURVE!" Trump, deflecting criticism that his trade war with China is hurting the economic outlook, claimed that "China is not our problem" and that "we are winning, big time." Yesterday, Trump delayed imposing tariffs on some Chinese imports until December "just in case" there would be a negative impact on shoppers during the holidays. (CNBC / Bloomberg)

https://www.cnbc.com/2019/08/14/trump-hammers-clueless-jay-powell-rails-against-crazy-inverted-yield-curve.html

A recession next year could hurt Trump's attempt to win a second term and raises the potential for the 2020 election to look more like 2008 when a cratering economy dominated the political debate. (Politico)

https://www.politico.com/story/2019/08/14/donald-trump-wall-street-recession-risk-1661317

Edited by sgamer82 on Aug 14th 2019 at 8:34:27 AM

CharlesPhipps Since: Jan, 2001
#287644: Aug 14th 2019 at 7:44:51 PM

I'm extra pissed that they're Hiding Behind Religion as a religious person.

Author of The Rules of Supervillainy, Cthulhu Armageddon, and United States of Monsters.
Imca (Veteran)
#287645: Aug 14th 2019 at 8:02:25 PM

[up][up]22 months, in other words he is going to get away from it looking squeeky clean, and every one is going to blame the next person to take office. :/

TheRoguePenguin Since: Jul, 2009
#287646: Aug 14th 2019 at 8:17:48 PM

Unless Trump accelerates it through stupidity, which Trump is almost certain to do.

DingoWalley1 Asgore Adopts Noelle Since: Feb, 2014 Relationship Status: Can't buy me love
Asgore Adopts Noelle
#287647: Aug 14th 2019 at 8:22:58 PM

[up]x2 What [up] said; if Trump kicks in the new Chinese Tariffs right before or after Christmas, we could see a Recession right as the Debates between Trump and the Democratic Candidate (most likely Biden or Sanders) begin, which would really screw Trump (and Trump being Trump, he will either deny there is a Recession going on, like McCain did in '08 at first before accepting reality, or just keep blaming others without any way to actually solve it, which isn't going to win him any fans).

Still, this Recession might get real bad, and as much as it'll help the Democrats next year, it will also hurt a lot of people, and probably rile even more WASP Terrorism.

Edited by DingoWalley1 on Aug 14th 2019 at 11:23:27 AM

M84 Oh, bother. from Our little blue planet Since: Jun, 2010 Relationship Status: Chocolate!
Oh, bother.
#287648: Aug 14th 2019 at 8:27:47 PM

Well, it's not like any of us were surprised this would happen. I think we all knew that President Trump would not be good for the global economy. Shit, that's one of the (many) reasons I had for voting for Hillary Clinton.

Disgusted, but not surprised
akanesarumara Since: Mar, 2012 Relationship Status: Abstaining
#287649: Aug 14th 2019 at 9:49:27 PM

Ok so... they're legalizing discrimination, they're driving the country and possibly the world into another recession, and at least with the latter they may even get away with pinning it on the next guy depending on timing?

Wow.

TheRoguePenguin Since: Jul, 2009
#287650: Aug 14th 2019 at 9:56:44 PM

[up]Sadly, this isn't new, it's just dumber under Trump.


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