Where is/can Donald Trump take US (sic)?

[IFocus]

So Obama and his $1.5 trillion deficit followed by 3 years of $1 trillion doesn't figure? Pump priming is ok for democrats but not republicans?

I think its fair to say markets greeted Trump warmly.

Trump has removed environment protections, reduced red tape (you know regs that stop rich people stealing) attacked working associations rights and of course thrown $1.5 trill at business so market listed company executives can do buy backs drive up stock prices and give themselves well earned bonus's.

Absolute win win unless you are working at three jobs just to eat at rates which haven't changed in 20/30 years and just happen to be what 40% or more of the population.

 

[sptrawler]

Performance of the DOW whilst in office is a near irrelevant measure, if trying to assess the success of a Government.

It doesn't take a great leader to approve a massive increase in Govn't spending (using borrowed money), or the commencement of a new QE program, or slashing company tax rates. These things can all buoy markets, but do not indicate quality leadership.

Apparently it indicates quality leadership, if it is done in Australia.
Hawke/Keating, slashed company tax rates, floated the dollar which reduced its value 50% and reduced real wages with the accord. Now they are legends, go figure, Trump does similar and is painted as a villain.

 

[Tisme]

I think its fair to say markets greeted Trump warmly.

Trump has removed environment protections, reduced red tape (you know regs that stop rich people stealing) attacked working associations rights and of course thrown $1.5 trill at business so market listed company executives can do buy backs drive up stock prices and give themselves well earned bonus's.

Absolute win win unless you are working at three jobs just to eat at rates which haven't changed in 20/30 years and just happen to be what 40% or more of the population.

You've been to the USA? The working class there work anyway and even in Manhattan many look like they are shy of a quid.

 

[luutzu]

I think its fair to say markets greeted Trump warmly.

Trump has removed environment protections, reduced red tape (you know regs that stop rich people stealing) attacked working associations rights and of course thrown $1.5 trill at business so market listed company executives can do buy backs drive up stock prices and give themselves well earned bonus's.

Absolute win win unless you are working at three jobs just to eat at rates which haven't changed in 20/30 years and just happen to be what 40% or more of the population.

Some survey last year found that about 50% of Americans cannot afford a $500 emergency. The next 15% can't afford $1000 emergency.

With no universal healthcare; contract jobs paying per hour worked... an illness, injury, or a hurricane flooding the area. Talk about living on the brink.

With Trump further cutting healthcare assistance and food program to kids and senior in poverty... wtf?

And thing is, Trump is branding himself as some sort of White race hero but according to this American reverend, most of the poor in any given poverty stricken area are White.

So Trump and his fascists are just using race as a cover to screw everyone who aren't already rich.

As to the stock market... the stats show something like the top 0.1% own about 50%, the top 10% own about 90%.

But I guess that as long as the mathematical average looks good, the average American is doing alright. 'cause in real life, just like in maths, everybody share their wealth until it goes average.

 

[sptrawler]

Some survey last year found that about 50% of Americans cannot afford a $500 emergency. The next 15% can't afford $1000 emergency.

With no universal healthcare; contract jobs paying per hour worked... an illness, injury, or a hurricane flooding the area. Talk about living on the brink.

With Trump further cutting healthcare assistance and food program to kids and senior in poverty... wtf?

And thing is, Trump is branding himself as some sort of White race hero but according to this American reverend, most of the poor in any given poverty stricken area are White.

So Trump and his fascists are just using race as a cover to screw everyone who aren't already rich.

As to the stock market... the stats show something like the top 0.1% own about 50%, the top 10% own about 90%.

But I guess that as long as the mathematical average looks good, the average American is doing alright. 'cause in real life, just like in maths, everybody share their wealth until it goes average.

I guess that's why he is telling NATO Countries and China, to start pulling their weight, and stop bludging on the U.S.

 

[luutzu]

I guess that's why he is telling NATO Countries and China, to start pulling their weight, and stop bludging on the U.S.

That's not why.

He's the one that's making it all that worst on his own (poor) people.

Assuming for a second that Trump's policies on NATO saves money. Did he passed the savings on to poor Americans? No.

In his first year, Trump raised the official military budget by some $70B. In this second year, raised it another $40B+ to some $720B a year. And if all military-related expenses, such as Veteran Affairs, the dept. of Energy nuke maintenance etc... it's about $1Trillion a year.

Then there's the tax cuts. $1.5Trillion top line. Recently floating the redefinition of "capital gain"... taking into account inflation... that's estimated to cost the Treasury about $500B over a decade. There's another planned "tax reform" by this November.

If I remember right, he also repealed the "Death Tax". So now, all the trust fund kids whose parents estate divvied up among the lucky sperms are no longer taxable. It used to only taxed when the inheritance, after all expenses, is some $8M each sibling. But taxing it would "impede competition" and incentives to work or some bs.

Anyway, so $2Trillion in tax cuts he just gave to the top 1%.

Is he as equally generous towards the other 90%?

Fark no.

Cutting funding to public schools. Most schools in poorer cities now cannot have class when it's too cold, or too hot. Their A/C and heating system no longer work. There's mould everywhere, literally lead-poisoned tap water... teachers at public schools literally have to pack lunch for some of their students because they know the kids don't get enough to eat at home.

But Trump cut any subsidy or lunch programme to them.

I mean, who's going to pay for that right? Where's the money coming from? He just gave $2T away, bloated the military budget... so belts got to be tightened.

-----------

With NATO...

Trump's forcing the same shite on European he's forcing on his own people. Lucky the EU just quietly nod and pretend to agree with what their master tells them, else they'll have to double spending on their military.

Where will the money come from? It'll have to be cut from other (social, welfare) services. Who will suffer?

And why the increased on NATO? Russia?

Compare the military spending, GDP of Russia with those of Europe. It's like day and night.

---

China...

if the US doesn't want a trade deficit, then stop buying Chinese made crap. Most of those are owned or benefiting major American corporations anyway. i.e. Wal-Mart, Apple, Amazon etc.

So the trade war is just another attempt to tax the majority of American consumers. i.e. the poor and working class Americans who buy Chinese-made stuff. Rich ones won't be caught dead wearing anything from the Wal-Marts.

Trump is just talking bs. It is also an attempt to get the Chinese to open up their financial institution. i.e. he's taking care of Wall St... and just like other presidents... the majority of the population are paying the price.

 

[sptrawler]

That's not why.

He's the one that's making it all that worst on his own (poor) people.

Assuming for a second that Trump's policies on NATO saves money. Did he passed the savings on to poor Americans? No.

In his first year, Trump raised the official military budget by some $70B. In this second year, raised it another $40B+ to some $720B a year. And if all military-related expenses, such as Veteran Affairs, the dept. of Energy nuke maintenance etc... it's about $1Trillion a year.

Then there's the tax cuts. $1.5Trillion top line. Recently floating the redefinition of "capital gain"... taking into account inflation... that's estimated to cost the Treasury about $500B over a decade. There's another planned "tax reform" by this November.

If I remember right, he also repealed the "Death Tax". So now, all the trust fund kids whose parents estate divvied up among the lucky sperms are no longer taxable. It used to only taxed when the inheritance, after all expenses, is some $8M each sibling. But taxing it would "impede competition" and incentives to work or some bs.

Anyway, so $2Trillion in tax cuts he just gave to the top 1%.

Is he as equally generous towards the other 90%?

Fark no.

Cutting funding to public schools. Most schools in poorer cities now cannot have class when it's too cold, or too hot. Their A/C and heating system no longer work. There's mould everywhere, literally lead-poisoned tap water... teachers at public schools literally have to pack lunch for some of their students because they know the kids don't get enough to eat at home.

But Trump cut any subsidy or lunch programme to them.

I mean, who's going to pay for that right? Where's the money coming from? He just gave $2T away, bloated the military budget... so belts got to be tightened.

-----------

With NATO...

Trump's forcing the same shite on European he's forcing on his own people. Lucky the EU just quietly nod and pretend to agree with what their master tells them, else they'll have to double spending on their military.

Where will the money come from? It'll have to be cut from other (social, welfare) services. Who will suffer?

And why the increased on NATO? Russia?

Compare the military spending, GDP of Russia with those of Europe. It's like day and night.

---

China...

if the US doesn't want a trade deficit, then stop buying Chinese made crap. Most of those are owned or benefiting major American corporations anyway. i.e. Wal-Mart, Apple, Amazon etc.

So the trade war is just another attempt to tax the majority of American consumers. i.e. the poor and working class Americans who buy Chinese-made stuff. Rich ones won't be caught dead wearing anything from the Wal-Marts.

Trump is just talking bs. It is also an attempt to get the Chinese to open up their financial institution. i.e. he's taking care of Wall St... and just like other presidents... the majority of the population are paying the price.

Obviously you hate him with a passion, I really don't care much one way or another, just see that he seems to be moving things on from the stagnation.
It won't won't matter on a global scale, what I think, maybe you have better contacts.
Time will tell how it plays out.
Oh by the way, does India's space programme help the poor?

 

[luutzu]

Obviously you hate him with a passion, I really don't care much one way or another, just see that he seems to be moving things on from the stagnation.
It won't won't matter on a global scale, what I think, maybe you have better contacts.
Time will tell how it plays out.
Oh by the way, does India's space programme help the poor?

I don't hate Trump. I just find him to be a complete azzwipe.

Obama moved things along fine. Trump just kicked it into high gear. Only difference is, just for fun, Trump takes all the crumbs and pills from the kids and the sick to show them he really hate poor people.

I don't know anything about India or their space programme.

 

[sptrawler]

I don't hate Trump. I just find him to be a complete azzwipe.

Obama moved things along fine. Trump just kicked it into high gear. Only difference is, just for fun, Trump takes all the crumbs and pills from the kids and the sick to show them he really hate poor people.

So has Obama gone back to what he did before he became President, or has he joined the ex President junket?
I don't think Trump will have to do anything different, he was a mega rich azzwipe before he took on all this crap, and he will probably go back to a mega rich azzwipe after.
What will define his Presidency, will be how people report on him after he has left, not while he is in.
Which is the opposite of Obama, he was a walking banner of the U.S of A, showing the World how it can be done.
I'm just amazed how much attention the U.S politics get, it probably attracts more attention than Australian politics, yet we live here. Well some do.
I guess I see it a bit like W.A politics, Barnett was blown to bits and was creamed. Now a lot of the things he did are being applauded, yet they were derided when he implemented them, that is twelve months later.

 

[Darc Knight]

That's not why.

He's the one that's making it all that worst on his own (poor) people.

Assuming for a second that Trump's policies on NATO saves money. Did he passed the savings on to poor Americans? No.

In his first year, Trump raised the official military budget by some $70B. In this second year, raised it another $40B+ to some $720B a year. And if all military-related expenses, such as Veteran Affairs, the dept. of Energy nuke maintenance etc... it's about $1Trillion a year.

Then there's the tax cuts. $1.5Trillion top line. Recently floating the redefinition of "capital gain"... taking into account inflation... that's estimated to cost the Treasury about $500B over a decade. There's another planned "tax reform" by this November.

If I remember right, he also repealed the "Death Tax". So now, all the trust fund kids whose parents estate divvied up among the lucky sperms are no longer taxable. It used to only taxed when the inheritance, after all expenses, is some $8M each sibling. But taxing it would "impede competition" and incentives to work or some bs.

Anyway, so $2Trillion in tax cuts he just gave to the top 1%.

Is he as equally generous towards the other 90%?

Fark no.

Cutting funding to public schools. Most schools in poorer cities now cannot have class when it's too cold, or too hot. Their A/C and heating system no longer work. There's mould everywhere, literally lead-poisoned tap water... teachers at public schools literally have to pack lunch for some of their students because they know the kids don't get enough to eat at home.

But Trump cut any subsidy or lunch programme to them.

I mean, who's going to pay for that right? Where's the money coming from? He just gave $2T away, bloated the military budget... so belts got to be tightened.

-----------

With NATO...

Trump's forcing the same shite on European he's forcing on his own people. Lucky the EU just quietly nod and pretend to agree with what their master tells them, else they'll have to double spending on their military.

Where will the money come from? It'll have to be cut from other (social, welfare) services. Who will suffer?

And why the increased on NATO? Russia?

Compare the military spending, GDP of Russia with those of Europe. It's like day and night.

---

China...

if the US doesn't want a trade deficit, then stop buying Chinese made crap. Most of those are owned or benefiting major American corporations anyway. i.e. Wal-Mart, Apple, Amazon etc.

So the trade war is just another attempt to tax the majority of American consumers. i.e. the poor and working class Americans who buy Chinese-made stuff. Rich ones won't be caught dead wearing anything from the Wal-Marts.

Trump is just talking bs. It is also an attempt to get the Chinese to open up their financial institution. i.e. he's taking care of Wall St... and just like other presidents... the majority of the population are paying the price.

That's such an inditement. We don't hear about that sort of thing here. You worry about that sort of thing happening everytime a Republican is elected. Go to hell Trump.

 

[luutzu]

So has Obama gone back to what he did before he became President, or has he joined the ex President junket?
I don't think Trump will have to do anything different, he was a mega rich azzwipe before he took on all this crap, and he will probably go back to a mega rich azzwipe after.
What will define his Presidency, will be how people report on him after he has left, not while he is in.
Which is the opposite of Obama, he was a walking banner of the U.S of A, showing the World how it can be done.
I'm just amazed how much attention the U.S politics get, it probably attracts more attention than Australian politics, yet we live here. Well some do.
I guess I see it a bit like W.A politics, Barnett was blown to bits and was creamed. Now a lot of the things he did are being applauded, yet they were derided when he implemented them, that is twelve months later.

Obama is busy putting the final touches on a masterplan to his $500M "presidential centre".

Why take the trouble, and the political risk, of doing actual good when you can get donations from the friends you've helped and air-brushed your version of history. Am I right?

That and jetting around his rich pals' private islands and ski resorts. And still he manages a few pro-bono speeches where he lecture about how business is great, but can be a bit cruel, but it's great [stupid big grin] and we should all love each other.

Trump weren't rich. I mean, by our standard he was rich, but no richer than any douche can be rich if the equivalent of a couple billions were inherited.

I thought Trump's "running for president" in 2016 was just a publicity gimmick to promote his The Apprentice show. Remember the $50 per fan wearing Trump t-shirts and banners at Trump Tower on the day he announced he's running?

According to Michael More, it's actually worst than that.

Trump was being paid lower than another female TV star. Seems NBC or CBS weren't too happy with his show's ratings so they don't pay him as much as they used to.

So the Donald decided to take the presidential season as an opportunity to show those media executives how much the plebs still love him. By getting on TV and doing political stuff around the country to get noticed again.

Hence the dozen or two paid actors cheering him on as he announced his run.

Turns out his racist rant put the media executives off so they decided to cancel his show altogether.

But damn it, the Donald already booked a couple more venues. What to do? Can't waste it right?

So he turn up to them, give more stupid, racist rants... and it resonnated with the struggling, mostly White, Americans who have had it with the establishment.

Remember watching a few exclusive report on how the Trump campaign have practically zero political organisation beside booking a few venues? No website to raise money, no political operatives etc. etc.?

That's because he didn't plan on it ever getting off the ground.

----------

 

[sptrawler]

Obama is busy putting the final touches on a masterplan to his $500M "presidential centre".

Why take the trouble, and the political risk, of doing actual good when you can get donations from the friends you've helped and air-brushed your version of history. Am I right?

That and jetting around his rich pals' private islands and ski resorts. And still he manages a few pro-bono speeches where he lecture about how business is great, but can be a bit cruel, but it's great [stupid big grin] and we should all love each other.

Trump weren't rich. I mean, by our standard he was rich, but no richer than any douche can be rich if the equivalent of a couple billions were inherited.

I thought Trump's "running for president" in 2016 was just a publicity gimmick to promote his The Apprentice show. Remember the $50 per fan wearing Trump t-shirts and banners at Trump Tower on the day he announced he's running?

According to Michael More, it's actually worst than that.

Trump was being paid lower than another female TV star. Seems NBC or CBS weren't too happy with his show's ratings so they don't pay him as much as they used to.

So the Donald decided to take the presidential season as an opportunity to show those media executives how much the plebs still love him. By getting on TV and doing political stuff around the country to get noticed again.

Hence the dozen or two paid actors cheering him on as he announced his run.

Turns out his racist rant put the media executives off so they decided to cancel his show altogether.

But damn it, the Donald already booked a couple more venues. What to do? Can't waste it right?

So he turn up to them, give more stupid, racist rants... and it resonnated with the struggling, mostly White, Americans who have had it with the establishment.

Remember watching a few exclusive report on how the Trump campaign have practically zero political organisation beside booking a few venues? No website to raise money, no political operatives etc. etc.?

That's because he didn't plan on it ever getting off the ground.

----------

Well I hope you get a following, I've really got enough problems happening in my little World of a disabled daughter, two grandkids, two ffing chickens and a blind/deaf jack russell, to really give a $hit about Trump.
I know I can sort some of the above problems out, one isn't Trump, so I put it at the bottom of my have to worry about issues.
I wish you well in your endeavor's, to get Trump chucked out, but hope it doesn't stuff up my shares too much. It looks as though the rest of the loonies will stuff up my dividends enough, without you stuffing up my capital.lol

 

[luutzu]

Well I hope you get a following, I've really got enough problems happening in my little World of a disabled daughter, two grandkids, two ffing chickens and a blind/deaf jack russell, to really give a $hit about Trump.
I know I can sort some of the above problems out, one isn't Trump, so I put it at the bottom of my have to worry about issues.
I wish you well in your endeavor's, to get Trump chucked out, but hope it doesn't stuff up my shares too much. It looks as though the rest of the loonies will stuff up my dividends enough, without you stuffing up my capital.lol

Don't worry about Trump. Worry about what's behind him getting elected. That and the crap he'd been signing into law.

My endeavour is not to save the world. Just have enough to house and feed the family. Just that my line of work mean I get to read the news and try to understand what's going on.

I'm also a capitalist pig. A skinny one but that's not out of my own choosing

So I'm not trying to stuff up your capital and investment. If anything, not having people like Trump is what will safeguard both capital investment and a civil society. And you'd want both.

I mean most of us aren't going to invest in a third world economy right? Too many poor people and few (but way too many) rich a-holes singing their own praises, stealing from the poor to fatten themselves as they pretend it's really good for the country.

Economies like that won't last. The only investment opportunity would be the militarised everything... and they already own those.
--------------

With your situation and sentiment, why are you right-leaning Homer? Just old age or what?

 

[sptrawler]

With your situation and sentiment, why are you right-leaning Homer? Just old age or what?

Because I have worked my whole life as a grunt, and I have found when the Libs are in the unions and Labor and the press, hold them to account.
When Labor are in they run amok, they take the pizz out of the worker, and no one says fluck all.
But the workers,work it out pretty soon, and they get ar$holed out pretty quick.
Then the circle starts again.
As Murdoch apparently said, one term of Shorten is acceptable.
Why because everything he is talking about screwing over, affects the little man trying to get ahead, unfortunatelly the little man is Shortens voter base. lol
They are such a lost bunch of souls. Lawyers trying to represent something they have never been, the Labor Party has been hijacked by interllectuals.

 

[luutzu]

Because I have worked my whole life as a grunt, and I have found when the Libs are in the unions and Labor and the press, hold them to account.
When Labor are in they run amok, they take the pizz out of the worker, and no one says fluck all.
But the workers,work it out pretty soon, and they get ar$holed out pretty quick.
Then the circle starts again.

Alright, fair enough. Too true I reckon.

 

[sptrawler]

Alright, fair enough. Too true I reckon.

I'll put it into a current context for you, in W.A the Alcoa workers have been on strike for six weeks, they don't want more money or conditions just job security.
Shorten was there last week giving his support, Alcoa has requested it go to the Fair Work Commission, a Labor organised body with union representation.
Let's see the outcome.

 

[Darc Knight]

Interesting topic. Are there any other reasons people would be supporters of Trump other than the general belief that "right wingers" are better for creating prosperity?
I guess there are those like Mo who feel the Dems are corrupt so "defend" Trump.

 

[luutzu]

I'll put it into a current context for you, in W.A the Alcoa workers have been on strike for six weeks, they don't want more money or conditions just job security.
Shorten was there last week giving his support, Alcoa has requested it go to the Fair Work Commission, a Labor organised body with union representation.
Let's see the outcome.

Outcome will be that... in order to secure jobs, all jobs must be insecure

That's not really a joke either.

 

[Tink]

 

[basilio]

Thanks Tink for the tip off on Donald Trumps speech at the World Drug Forum.

Certainly confirmed the calibre of the man.

Remarks by President Trump at “Global Call to Action on the World Drug Problem” Event
Healthcare

Issued on: September 24, 2018

• Share:

All News
United Nations Headquarters
New York, New York

8:35 A.M. EDT

THE PRESIDENT: Thank you all for being here this morning. It is a great honor to address you on an issue that affects every nation across the globe: the world drug problem. And a big problem it is.

https://www.whitehouse.gov/briefing...-global-call-action-world-drug-problem-event/