Nov 2023 Mod notice:
There may be other, more specific, threads about some aspects of US politics, but this one tends to act as a hub for all sorts of related news and information, so it's usually one of the busiest OTC threads.
If you're new to OTC, it's worth reading the Introduction to On-Topic Conversations
and the On-Topic Conversations debate guidelines
before posting here.
Rumor-based, fear-mongering and/or inflammatory statements that damage the quality of the thread will be thumped. Off-topic posts will also be thumped. Repeat offenders may be suspended.
If time spent moderating this thread remains a distraction from moderation of the wiki itself, the thread will need to be locked. We want to avoid that, so please follow the forum rules
when posting here.
In line with the general forum rules, 'gravedancing' is prohibited here. If you're celebrating someone's death or hoping that they die, your post will get thumped. This rule applies regardless of what the person you're discussing has said or done.
Edited by Mrph1 on Nov 30th 2023 at 11:03:59 AM
...Uh...Better we don't go there, for the sake of the sanity of everyone here
Watch me destroying my countryI 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 serverIncoming 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.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.
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
"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."
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.
https://whatthefuckjusthappenedtoday.com/2019/08/14/day-937/
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)
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)
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.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)
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)
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.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
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.
x2 What
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

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