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  • #16
    Re: Johnson

    Guys, i wasn't trying to start a war............both sides love to spend, but its over............"They" can't blow any more bubbles, done TEC, Done Stock market, Dome home prices............"They" have a choice to make, return to intrest rates (4-7%) or watch the pension funds collaspe.

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    • #17
      Re: Johnson

      DC I have to disagree with you here.

      Obama's policies steered money to the rich and away from productive people.

      The banks today are stronger than ever, and they were starting to do the same things that led to the crash before the 2016 election. Why weren't some of these banks broken up? Why hasn't anyone gone to jail because of the engineering of a massive financial corruption? We taxpayers in the middle class had to have our tax dollars bail out these corrupt organizations. Now they are nickle and diming the public with nuisance fees while they get richer.

      The Clinton's and Obama's have been taking money from Wall Street and the Banksters for years. No wonder they received "Get out of jail" cards after 2008.

      As Woodsman said the Clintons didn't listen to Brooksley Born's warning on derivatives in the late 90's, which set the stage for the crash.

      https://www.pbs.org/wgbh/pages/front...iews/born.html

      Everyone needs to read Reckless Endangerment to see how both parties were led by the financial elite to almost destroying the financial system.

      https://www.amazon.com/Reckless-Enda.../dp/B0085RZF5K

      Congress led by characters such as Christopher Dodd colluding with the mortgage industry helped.

      http://latimesblogs.latimes.com/wash...hris-dodd.html

      Woodsman has a good grasp of what is really going on. Take of your blinders and at least listen with an open mind.

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      • #18
        Re: Johnson

        Thing is, vt, I don't disagree with you about Obama's policies. I do disagree about Trump's. I'm taking that, apparently rare, position that for 40-some-odd years leaders of both parties have been steering money away from the working class to the rich. All the data show it. Proof's in the pudding as far as I'm concerned. Nothing got better under Republican leadership. And not much changed under Democratic, especially under Billy Boy where we just got austerity and welfare reform.

        But here's the rub again: I think Trump's no different than Obama or the Bushes or whomever in that respect. In fact, I'm also taking that, apparently rare, position that Trump is more or less a normal politician. This is a position I see few people taking. His supporters want to think he's a totally new kind of Republican (I completely doubt it), his detractors want to think he's the most dangerous, most evil president the US has ever had (I doubt that too).

        Like I said, the single biggest Trump policy so far, by far, has been a massive multi-trillion dollar wealth transfer from workers to the wealthy and corporations.

        You and woodsman seem to think we have some new champion of the working class. But tell me Grover Norquist or Newt Gingrich or Jeb Bush wouldn't have done the same exact damned thing if they had the chance. It's just typical, day-in-day-out, boring GOP leadership, the same as it has ever been since Reagan waltzed into the oval office 40 years ago.

        With Trump, there's a lot more bluster and ostentation. But he's Trump. The man is known for that. When you look past his personality to his actions, and I always have been a firm believer that actions speak much louder than words, all he has done is redistribute upwards.

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        • #19
          Re: Johnson

          Originally posted by dcarrigg View Post
          Like I said, the single biggest Trump policy so far, by far, has been a massive multi-trillion dollar wealth transfer from workers to the wealthy and corporations.
          For a champion of the working class standing up against wall street, this administration does some funny things with regulations.

          Originally posted by Dan Hemel
          Treasury & the IRS just exempted *bankers* from the definition of "financial services" in the proposed passthru regs! I can lend via a passthrough & claim a 20% deduction, so the top rate on interest income goes from 37% to 29.6%!
          If you want to read the administration's regulation that would exempt "banking" from the definition of "financial services" in order to give bankers specifically yet another giant tax cut, you can click here and skip forward to page 61.

          Looks to me like The Swamp's filling up with gators.
          Last edited by dcarrigg; August 08, 2018, 01:32 PM.

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          • #20
            Re: Johnson

            Originally posted by dcarrigg View Post
            For a champion of the working class standing up against wall street, this administration does some funny things with regulations.
            And the peanut gallery accuses me of trolling!

            Dude, as far as I can recall, nobody here expressing sympathy or encouragement for Trump refers to him as "champion of the working class." That's your sobriquet.

            The link in my sig details my motivations and beyond that, I did say he's the best shot available to us. You believe in redemption, don't you?

            Odds are Lucy pulls the football one more time. Okay then. But if there's a small chance, I think it's worth taking. Otherwise, he's as you say, "just another Republican."

            Except when he's "literally Hitler."

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            • #21
              Re: Johnson

              Originally posted by Woodsman View Post
              And the peanut gallery accuses me of trolling!

              Dude, as far as I can recall, nobody here expressing sympathy or encouragement for Trump refers to him as "champion of the working class." That's your sobriquet.

              The link in my sig details my motivations and beyond that, I did say he's the best shot available to us. You believe in redemption, don't you?

              Odds are Lucy pulls the football one more time. Okay then. But if there's a small chance, I think it's worth taking. Otherwise, he's as you say, "just another Republican."

              Except when he's "literally Hitler."
              I don't get how anyone can think a president of the United States has much power to change the course of the country, except hurt it by engaging in foreign misadventure's.

              The course is set by the vested interests of the ruling elite, I don't see how any well meaning President would have the intelligence or luck to outmaneuver them.

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