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Topic: [Closed] US Impeachment Hearings (Read 706 times)

legendary
Activity: 1904
Merit: 1277
February 28, 2020, 11:22:34 AM
#25
assets are being stripped away and transferred to the Central bankers. At the same time homeless people are defecating in the main streets of San Francisco.
people who have no health insurance or worthless health insurance that doesn't cover much.
Poverty - creates health issues, lowers education levels and increases crime.

Inequality is rising within western societies, and this is what leads voters to feel that they are not represented, which leads them to elect populist demagogues like Trump, who then maintains his power by playing on the base fears of the populace, and sowing division and resentment by getting the disenfranchised to fight amongst themselves whilst the rich cream off the profit. It's them Muslims and them Mexicans, right? Inequality is the underlying factor, it's the thing that enabled the election of the sort of president who would get impeached.

The health insurance thing has always perplexed me. There's a widespread phobia of socialism and socialist policies, it's heresy and it impinges on fundamental rights of freedom and self-determination... and yet... the rich people who hate socialism still have health insurance. But health insurance is socialism, isn't it? It's shared risk, for the benefit of those in need.



legendary
Activity: 1274
Merit: 1920
฿ear ride on the rainbow slide
February 28, 2020, 10:17:07 AM
#24
Wonder how it is going to go with Corona virus. With people who have no health insurance or worthless health insurance that doesn't cover much.

They won't be able to afford medical care or to remain in isolation so will probably just infect others.

Global Stock Sell-Off Intensifies Over Coronavirus Crisis

Poverty - creates health issues, lowers education levels and increases crime.




legendary
Activity: 2674
Merit: 2432
https://JetCash.com
February 25, 2020, 04:13:42 PM
#23

Trumps economy is the best its ever been.

Yep - the new British Empire that controls Washington is richer than ever, and assets are being stripped away and transferred to the Central bankers. At the same time homeless people are defecating in the main streets of San Francisco. Sounds like a 3rd world dictatorship to me. Smiley
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
February 18, 2020, 04:41:40 PM
#22
WSJ did a survey on 68 economists. They have a consensus that Trump is responsible for the economic upturn.

https://www.wsj.com/articles/economists-credit-trump-as-tailwind-for-u-s-growth-hiring-and-stocks-1515682893

Quote
The pros cite the White House’s push for lighter regulation and the recent tax bill as critical to a pro-growth environment; more than 90 percent of the group thought the tax bill would boost GDP expansion over the next two years.

A year ago in the same survey, economists awarded President Obama mixed grades. Most saw his policies as positive for financial stability, but neutral-to-negative for GDP growth and negative for long-term growth. By contrast, Trump was seen as neutral to positive for long-term gains.

Why would Trump rate higher than Obama with this group? Economists point to the upturn in business confidence that accompanied Trump’s election, and tie that to increasing business investment. Spending on capital goods accelerated sharply over the first three quarters of last year, growing at an annualized rate of 6.2 percent.

--
As I said, unemployment rates are deceptive, and economists have a consensus ^ that indeed Trump is responsible for the economic upturn and that Obama was neutral-to-negative.



Look at goverment issued jobs at the expense of the workers  vs. manufacturing jobs that benefit the workers.
Obamas term was just goverment hiring to hide the unemployment stats.

Trumps term:
Quote
   The census report ten days ago revealed workers’ earnings increasing at 3.4 percent annually, a rate not seen since the best of the Reagan years, and the poverty rate has declined to 11.8 percent, the best figure that has been recorded since the end of the Clinton administration and still resolutely proceeding in the right direction. Unemployment is at its lowest percentage since the Lyndon Johnson administration more than 50 years ago (and the numbers then were helped by having 545,000 conscripts in Vietnam). Minority groups are the principal beneficiaries of the Trump economy; this isn’t trickle-down, it’s surge-up. Average income for female-led single-parent households jumped 7.6 percent last year, well ahead of gains in higher income groups.

    The poverty rate among female-led households fell 2.7 percent for African Americans, and 4 percent for Hispanics. Industries largely populated by women (and, historically, exploited women), especially hospitality and, to a lesser extent, health care, showed strong earnings gains, even as unemployment rates for African-American and Hispanic women fell to under 4.5 percent. Another partisan Democratic falsehood that is exposed by the census is the myth that the middle class is shrinking. The percentage of total families at the lowest economic levels has fallen by over 1 whole percent and the brackets from $50,000 to $150,000 and above $200,000 have both increased by almost 1 whole percent (several million people in each case). There were sharp increases in the incomes of younger families (up to age 34).
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
February 16, 2020, 10:21:23 AM
#21
Quote
Notice the inverse correlation with wage increases and unemployment. (There are other factors involved as well)

Wage increase also are deceptive. Often it is the high earners that get the largest increases. So while the high wage earners may get big pay increases there may be no or little increase for the blue collar workers.

Tax reductions benefit corporations, their owners and the wealthy. Reductions in Government spending eventually leads to lower circulation velocity and slows down the economy.

Unemployment rate is also deceptive because govermental hiring can also hide unemployment rates.
Anyone earning anything in your surroundings is directly benefical to you because he's going to spend that money to acquire items&services that are going to involve you or people close to you which will in turn spend that money on other items&services as well.
Complete purchasing power increases.

But I didn't need to make that assertion since the median wages have gone up significantly.

Tax reductions to corporations benefit consumers because it drives down product prices.
Reductions in goverment spending lead to less taxation and more easiness in starting a business resulting in greater production therefore decreasing the price of products and increasing it's quality because of competition (bad products make you bankrupt, good products make you wealthy ).
legendary
Activity: 2674
Merit: 2432
https://JetCash.com
February 16, 2020, 06:52:43 AM
#20
Washington seems to have become a circus with elephants, clowns, tigers and acrobats. I gather the Democrats are thinking of having another go at impeaching Trump. What a stupid waste of money and time.
legendary
Activity: 1274
Merit: 1920
฿ear ride on the rainbow slide
February 11, 2020, 07:43:08 PM
#19
Quote
$5.088 trillion extra debt

That's really bad, but the US has a continual problem with that. Neither of the previous presidents did any better.


I don't know what this is supposed to show.


"Best labor market since 1969 with low unemployment, first president to have GDP consistently higher than 3%, President Barack Obama was only the president to fail to achieve one year of 3% GDP growth."

https://content.fortune.com/wp-content/uploads/2016/12/jvff9.png





Notice the inverse correlation with wage increases and unemployment. (There are other factors involved as well)

Wage increase also are deceptive. Often it is the high earners that get the largest increases. So while the high wage earners may get big pay increases there may be no or little increase for the blue collar workers.

Tax reductions benefit corporations, their owners and the wealthy. Reductions in Government spending eventually leads to lower circulation velocity and slows down the economy.
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
February 11, 2020, 05:44:15 PM
#18
Quote
$5.088 trillion extra debt

That's really bad, but the US has a continual problem with that. Neither of the previous presidents did any better.


I don't know what this is supposed to show.


"Best labor market since 1969 with low unemployment, first president to have GDP consistently higher than 3%, President Barack Obama was only the president to fail to achieve one year of 3% GDP growth."

https://content.fortune.com/wp-content/uploads/2016/12/jvff9.png
legendary
Activity: 2478
Merit: 1696
Top Crypto Casino
February 09, 2020, 10:05:39 AM
#17
I also think if he had been removed from office it really would have descended in to chao and in to bitter animosity which would have lasted many years in US politics, he would never have gone quietly. For that reason alone a strong third political party with a wide reach base is really needed to challenge the dominance of the Republicans and the Democrats so shake up the status quo.

If family members no longer talk to each other because Trump is such a divisive figure then imagine the animosity between Republic and Democrats in the Senate. Maybe in the coming weeks a democrat will emerge that just might have what it takes to stop Trump getting re-elected. Right now it is very difficult to pick a clear winner, they all seem unsuitable to a degree but that must change as the weeks go by and some start dropping out while others get their act together and start growing in confidence.



Certainly seems to be heading that way now that the impeachment proceedings are over and he held up the "aquittal" headlines in the newspaper, he is enjoying the attention. It will take a charismatic Democrat who can articulate him/herself to the audiences around the country to make it a one term presidency for Trump.

Regarding the mayhem, it will probably be a crazy 4 years no matter who was elected but hopefully it will be mayhem on a lesser scale if Trump was not re-elected. Maybe the #metoo movement might get re-invigorated and the many women that made accusations of sexual misconduct might put Trump back in the limelight for the wrong reasons. Do you see a Democrat that stands head and shoulders above all other candidates? Right now I cannot.

One good aspect of the "acquittal" is that if he was removed it would have probably descended into civil war.  US politics is so polarized that I doubt he would have gone quietly.

The other good aspect is that the Republicans that voted for acquittal now are tainted by every murky decision he makes and anything that gets exposed afterwards (they chose not to allow more testimony). I'm sure Trump will have done more dodgy stuff that we don't yet know about.

It is sad that someone so tainted has divided the country so much. I heard of family members that no longer talk to each other because of Trump.

I agree with your point that there is no charismatic Democrat that is likely to prevent a second term. The trail of destruction he will leave behind will last decades.

Fortunately I'm unlikely to be affected by it much.
legendary
Activity: 1274
Merit: 1920
฿ear ride on the rainbow slide
February 09, 2020, 07:19:25 AM
#16
Certainly seems to be heading that way now that the impeachment proceedings are over and he held up the "aquittal" headlines in the newspaper, he is enjoying the attention. It will take a charismatic Democrat who can articulate him/herself to the audiences around the country to make it a one term presidency for Trump.

Regarding the mayhem, it will probably be a crazy 4 years no matter who was elected but hopefully it will be mayhem on a lesser scale if Trump was not re-elected. Maybe the #metoo movement might get re-invigorated and the many women that made accusations of sexual misconduct might put Trump back in the limelight for the wrong reasons. Do you see a Democrat that stands head and shoulders above all other candidates? Right now I cannot.

He will probably be re-elected. Another four years of mayhem. At least he will still be in office when the economic consequences of his actions hit.  Kiss

One good aspect of the "acquittal" is that if he was removed it would have probably descended into civil war.  US politics is so polarized that I doubt he would have gone quietly.

The other good aspect is that the Republicans that voted for acquittal now are tainted by every murky decision he makes and anything that gets exposed afterwards (they chose not to allow more testimony). I'm sure Trump will have done more dodgy stuff that we don't yet know about.

It is sad that someone so tainted has divided the country so much. I heard of family members that no longer talk to each other because of Trump.

I agree with your point that there is no charismatic Democrat that is likely to prevent a second term. The trail of destruction he will leave behind will last decades.

Fortunately I'm unlikely to be affected by it much.

legendary
Activity: 2478
Merit: 1696
Top Crypto Casino
February 08, 2020, 09:49:44 AM
#15
Certainly seems to be heading that way now that the impeachment proceedings are over and he held up the "aquittal" headlines in the newspaper, he is enjoying the attention. It will take a charismatic Democrat who can articulate him/herself to the audiences around the country to make it a one term presidency for Trump.

Regarding the mayhem, it will probably be a crazy 4 years no matter who was elected but hopefully it will be mayhem on a lesser scale if Trump was not re-elected. Maybe the #metoo movement might get re-invigorated and the many women that made accusations of sexual misconduct might put Trump back in the limelight for the wrong reasons. Do you see a Democrat that stands head and shoulders above all other candidates? Right now I cannot.

He will probably be re-elected. Another four years of mayhem. At least he will still be in office when the economic consequences of his actions hit.  Kiss
legendary
Activity: 1274
Merit: 1920
฿ear ride on the rainbow slide
February 05, 2020, 11:22:00 PM
#14
He will probably be re-elected. Another four years of mayhem. At least he will still be in office when the economic consequences of his actions hit.  Kiss

Which economic consequences are you talking about? The trade deal with China?

Quote
The pact is intended to open Chinese markets to more American companies, increase farm and energy exports and provide greater protection for American technology and trade secrets. China has committed to buying an additional $200 billion worth of American goods and services by 2021 and is expected to ease some of the tariffs it has placed on American products.

But the agreement preserves the bulk of the tariffs that Mr. Trump has placed on $360 billion worth of Chinese goods, and it maintains the threat of additional punishment if Beijing does not live up to the terms of the deal.

Trumps economy is the best its ever been. Lowest unemployment and highest GDP!

$5.088 trillion extra debt

Foreign trade balance that starts looking like a Bush presidency.

Just about every chart shows how Obama improved on the poor economy he inherited from Bush. Trump inherited an economy that was on the way up. But some of the decisions he has made will cause problems in the long term. I will archive this so I can say "I told you so" in five years time.
https://www.businessinsider.com.au/9-charts-comparing-trump-economy-to-obama-bush-administrations-2019-9?r=US&IR=T














Xi and Putin are more trusted than Trump.  Grin

https://thehill.com/blogs/blog-briefing-room/news/477462-putin-xi-more-trusted-than-trump-worldwide-poll

China has a habit of stock piling. They will purchase materials just to meet the quota. It will cause raw materials to increase in price. That added value will mean they can charge more for the value added products that they sell later.

Tariffs are paid for by the consumer. Congratulations - your cost of living is going up while the extra debt makes up for the tax cuts given to the wealthy.  Grin
legendary
Activity: 2198
Merit: 1150
Freedom&Honor
February 05, 2020, 09:58:19 PM
#13
He will probably be re-elected. Another four years of mayhem. At least he will still be in office when the economic consequences of his actions hit.  Kiss

Which economic consequences are you talking about? The trade deal with China?

Quote
The pact is intended to open Chinese markets to more American companies, increase farm and energy exports and provide greater protection for American technology and trade secrets. China has committed to buying an additional $200 billion worth of American goods and services by 2021 and is expected to ease some of the tariffs it has placed on American products.

But the agreement preserves the bulk of the tariffs that Mr. Trump has placed on $360 billion worth of Chinese goods, and it maintains the threat of additional punishment if Beijing does not live up to the terms of the deal.

Trumps economy is the best its ever been. Lowest unemployment and highest GDP!
legendary
Activity: 1274
Merit: 1920
฿ear ride on the rainbow slide
February 05, 2020, 09:49:29 PM
#12
He will probably be re-elected. Another four years of mayhem. At least he will still be in office when the economic consequences of his actions hit.  Kiss
legendary
Activity: 1862
Merit: 1505
February 05, 2020, 05:57:05 PM
#10
...and:

Senate Acquits Trump, Ending Historic Trial

https://www.nytimes.com/2020/02/05/us/politics/impeachment-vote.html
legendary
Activity: 1274
Merit: 1920
฿ear ride on the rainbow slide
February 05, 2020, 09:00:55 AM
#9
Some people don't know, but if Trump is impeached, his term is invalidated... meaning he can theoretically be voted for 2 more terms as the 1st term is void.

Just food for thought

Are you sure about this? Can you link some legislation to support this affirmative?

In Brazil it is the exactly opposite: After impeachment the former president loses all his political rights, not being able even to vote for some years. This makes much more sense than what you are suggesting.

Not just Brazil, that rule exists pretty much in every country. I've read a little bit about laws around the globe and can tell you that even some of the African countries do not allow the president/prime-ministers to contest again if they are disqualified from the current term. TBH, some of the laws of US are very weird.


And US is a much more serious country than brazil.

Are you sure about that?

Politically, the US should be a much more serious country than Brazil, but in reality, as of today, it's a much more hilarious country than most.

Judgment in Cases of Impeachment shall not extend further than to removal from Office, and disqualification to hold and enjoy any Office of honor, Trust or Profit under the United States: but the Party convicted shall nevertheless be liable and subject to Indictment, Trial, Judgment and Punishment, according to Law.

https://constitutioncenter.org/interactive-constitution/article/article-i
legendary
Activity: 1862
Merit: 1505
January 22, 2020, 05:52:57 PM
#8
Some people don't know, but if Trump is impeached, his term is invalidated... meaning he can theoretically be voted for 2 more terms as the 1st term is void.

Just food for thought

Are you sure about this? Can you link some legislation to support this affirmative?

In Brazil it is the exactly opposite: After impeachment the former president loses all his political rights, not being able even to vote for some years. This makes much more sense than what you are suggesting.

Not just Brazil, that rule exists pretty much in every country. I've read a little bit about laws around the globe and can tell you that even some of the African countries do not allow the president/prime-ministers to contest again if they are disqualified from the current term. TBH, some of the laws of US are very weird.


And US is a much more serious country than brazil.

Are you sure about that?

Politically, the US should be a much more serious country than Brazil, but in reality, as of today, it's a much more hilarious country than most.
legendary
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
December 12, 2019, 02:35:52 PM
#7
Some people don't know, but if Trump is impeached, his term is invalidated... meaning he can theoretically be voted for 2 more terms as the 1st term is void.

Just food for thought

Are you sure about this? Can you link some legislation to support this affirmative?

In Brazil it is the exactly opposite: After impeachment the former president loses all his political rights, not being able even to vote for some years. This makes much more sense than what you are suggesting.

And US is a much more serious country than brazil.

Looks like it's true, I've found a quite interesting article on the subject right here: https://qz.com/1720279/could-trump-be-impeached-convicted-and-then-re-elected/
legendary
Activity: 2674
Merit: 2432
https://JetCash.com
December 12, 2019, 04:09:36 AM
#6

And US is a much more serious country than brazil.

Are you sure about that?
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