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bostonangler

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Posts posted by bostonangler

  1. A Middle East conflict fomented by Iran, rather than the coronavirus outbreak cascading across the global economy, is the biggest risk to worldwide stability that may “doom” President Donald Trump’s reelection bid, Nouriel Roubini told Yahoo Finance.

    Famously known for his gloomy financial prognostications, the Iranian-born economist also known as “Dr. Doom” predicted that Iran’s “number one objective” is to remain in power, especially in the wake of a rising COVID-19 infections within the country that may threaten the regime’s hold on power.

    “Four more years of Donald Trump, and between sanctions and military pressure they’re going to collapse,” Roubini told “On the Move” in a wide-ranging interview on Friday. 

    “So what can they do?” he asked. “They can escalate tensions ...regionally and with the United States” as a way to reignite oil prices, trigger a worldwide recession — all of which would undermine Trump’s reelection chances, amid a market that’s in the throes of a historic sell-off.

    Tensions between Tehran and Washington have been elevated since Trump took office, but entered a more dangerous phase in January, after a U.S. drone strike killed Qasem Soleimani, a top-ranking Iranian commander. 

    Meanwhile, Iran is widely perceived to have been the driving force behind the September drone strike that briefly incapacitated Saudi Arabia’s oil production and sent crude on a tear

    As historical precedent, Roubini cited how Iran figured prominently in prior U.S. elections decades ago. The 1973 oil embargo and the Iranian revolution of 1979 were geopolitical shocks that spurred oil prices, triggered an economic downturn — and saw incumbent presidents Gerald Ford and Jimmy Carter fall to upstart challengers. 

    Roubini speculated that Iran would use  “asymmetric warfare” to destabilize the region.

    And with that, the world’s largest superpower will find itself “sucked into the conflict, and it becomes a regional and global conflict, then Trump is doomed,” Roubini noted.

    The COVID effect

    Nouriel Roubini, Chairman of Roubini Macro Associates LLC and Professor of Economics, Stern School of Business, New York University, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Lucy Nicholson
    Nouriel Roubini, Chairman of Roubini Macro Associates LLC and Professor of Economics, Stern School of Business, New York University, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Lucy Nicholson

    Iran is already implicated in cyber attacks against U.S. interests, Annie Fixler, deputy director of the Center on Cyber and Technology Innovation at the Foundation for Defense of Democracies,” noted in a recent analysis

    “State-sponsored Iranian cyber operations are likely to continue, either in direct response to Soleimani’s death, in reaction to U.S. economic pressure, or in pursuit of other regime interests,” Fixler wrote.

    “Cyber operations are a key pillar of Iran’s strategy, which relies on asymmetric capabilities to battle its more powerful adversaries,” she added.

    Roubini argued that a U.S. air campaign against Iran wouldn’t work, “unless you send one million boots on the ground,” the economist said — something the U.S. has no apparent appetite to do given its desire to exit armed conflicts in the Middle East. 

    Barring that, “the regime is going to survive,” Roubini noted.

    “It is in the interest of Iran to provoke the United States, Israel and the allies, to create chaos, spike oil prices... crush the market, create a recession and then you get rid of Donald Trump,” he added. 

    The impact of the coronavirus on Iran, where deaths from the pathogen have surged since the first reported case a week ago, is a wildcard that makes the hard-line government even more unpredictable. 

    Calling the economic and domestic risks “significant,” Eurasia Group analyst Henry Rome said last week that the country faces the prospect of a deep economic crisis.  

    “If the outbreak is contained quickly, trade should bounce back relatively quickly. If the interruptions are prolonged and Iran re-enters a deep recession, the odds of opening up negotiations with the U.S. this year in the hope of sanctions relief will likely increase from the current low level of 15%,” Rome wrote.

    With a restive population already challenging the Iranian government’s legitimacy, Roubini believes Tehran will fan more flames of instability in the turbulent region. 

    “In the case of China they have damaged the economy [and] they have to find a scapegoat,” Roubini told Yahoo Finance. “In the case of Iran, [they] have a damaged economy, a damaged regime and they have to lash out. That actually makes an attack even more likely.”

     

    https://www.yahoo.com/finance/news/roubinis-preelection-scenario-iran-sows-chaos-that-dooms-trump-in-the-fall-135433476.html

     

     

    B/A

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  2. 1 minute ago, Synopsis said:

    1984 DOW Monthly Information:

     

    January -- Dow Jones high: 1,286.64 Jan. 6; low: 1,220.58 Jan. 31; loses 38.06 in month.

    February -- Dow Jones high: 1,213.88 Feb. 2; Low: 1,134.21, Feb. 22; down 65.95 in month.

    March -- Dow Jones high: 1,184.36, March 16; Low: 1,139.76, March 9; gains 10.26 in month.

    April -- Dow Jones high: 1,175.25, April 26; Low: 1,130.55, April 5; up 5.86 in month.

    May -- Dow Jones high: 1,186.56 May 2; low: 1,101.24 May 29; loses 65.90 in month.

    June -- Dow Jones high: 1,133.84 June 6; Low: 1,086.90 June 15; gains 27.55 in month.

    July -- Dow Jones high, 1134.38, July 3; Low, 1,086.57, July 24; loses 17.12 in month.

    August -- Dow Jones high, 1239.73, Aug. 21; Low, 1134.61, Aug. 1, up 109.10 for month.

    September -- Dow Jones high, 1237.52 Sept. 14; Low, 1197.99, Sept. 11, loses 17.12 in month.

    October -- Dow Jones high, 1225.93, Oct. 19; Low, 1175.13, Oct. 9; gains 0.67 in month.

    November -- Dow Jones high, 1244.15, Nov. 6; Low, 1185.29, Nov. 19, loses 18.44 in month.

    December -- Dow Jones high, 1211.57, Dec. 18 and Dec. 31; Low, 1163.21, Dec. 7; gains 22.63 in month.

     

    https://www.upi.com/Archives/1984/12/31/A-month-by-month-chronology-of-the-1984-stock-market-using/9393473317200/

     

    image.png.9b1a504a3c83b72754e53bcb14b0540a.png

     

    https://ropercenter.cornell.edu/sites/default/files/pdf/84-87B35F01.pdf

     

    Image result for 1984 electoral college map

     

     

    Are you comparing Trump to Reagan?.... Trump can't even ride a horse.

     

    B/A

    • Haha 1
  3. Just now, Shabibilicious said:

     

    Getting harder and harder to recognize your jokes, BA.....I'm just joking.  :eyebrows:

     

    GO RV, then BV

     

    Well it's as though Trump has fallen on the sword... His lame response is coming back to haunt him... We have a government that is reactionary as opposed to being proactive. I don't know about you, but the best companies and management I've been associated with were proactive, not reactionary.

     

    B/A

    • Downvote 1
  4. Just now, Shabibilicious said:

     

    Warren has the perfect attention to detail and aggressive nature to be Sec of State, or the U.N. Ambassador.....no real power, just a talking head for the administration.  As always, just my opinion.

     

    GO RV, then BV

     

    I'm from Massachusetts and the people I know there will never vote for her... She is not well liked, and if the nominee is smart, he will send her packing...

     

    B/A

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  5. 18 hours ago, 8th ID said:

    BA, your laughable at times. Do I think it will happen overnight, no. But just as @nstoolman1said, what about those EOs. Bernie already said he was gonna throw them out left and right. What I was trying to say is, one, I am shocked at the amount of people in this country that are beginning to believe socialism is the answer. Two, given that and how the DNC has operated lately, if people chose socialism, they will find themselves as subjects real soon and not free citizens. It’s also plain and simple, as I have stated before, I will not accept anything socialist in this country. It does not belong here.

     

    Sorry 8th, but what's laughable is educated adults can be so easily conned like children... There is no boogie man, no Santa Claus, no leprechauns, or unicorns... You need to come off the media / youtube crack... All these frenzies are created for one reason... To control the sheeple... Don't be a sheeple. Use your head and think about reality. The two parties work together to control the public... They go to each others parties, weddings and other shingdigs spending our money, while they keep the people at bay...

     

    Image result for trump at clinton's wedding

     

    Image result for trump at clinton's wedding

    Image result for trump at clinton's wedding

     

    Image result for bush and clinton

     

    Image result for party mcconnell biden

     

     

    It's all fun and games to them and they think the average person is an idiot. Stop being sucked in to their charade.

     

    B/A

    • Like 1
  6. FEMA preparing for possible coronavirus emergency declaration

     

    WASHINGTON — The Federal Emergency Management Agency is planning for the possibility that President Donald Trump could make an emergency declaration to bring in extra funds and personnel to assist the administration's coronavirus response, according to internal documents obtained by NBC News.

    FEMA officials are preparing for an "infectious disease emergency declaration" by the president that would allow the agency to provide disaster relief funding to state and local governments, as well as federal assistance to support the coronavirus response, according to agency planning documents reviewed by NBC News.

    The Trump administration would have to use the 1988 Stafford Act to enable FEMA to provide such disaster assistance. Emergency declarations are most often used in the event of natural disasters but can be used to help manage disease outbreaks.

    Full coverage of the coronavirus outbreak

    "To me this is another indication that the president and the White House are finally aware of the gravity of the situation," said Michael Coen, who was FEMA chief of staff during the Obama administration. "They need to consider all tools available to them and have contingencies for action."

    "I actually find this reassuring," said Tim Manning, who was a FEMA deputy administrator under President Barack Obama. “I hope this discussion has been happening continuously over the last couple of months."

    Health

    An emergency declaration would allow FEMA to provide disaster medical assistance teams, mobile hospitals and military transport, among other kinds of federal support, Manning said.

    FEMA's disaster relief fund has a current balance of $34 billion, according to the latest agency update. "It's money that’s sitting there and ready," said another former FEMA official, who declined to be identified.

    FEMA spokesperson Lizzie Litzow said the agency is currently focused on supporting the Department of Health and Human Services (HHS), which separately declared a "public health emergency" on Jan. 31, allowing HHS to access funds and other resources to aid the government's virus response. "At this time, there isn't anything additional to the HHS public health emergency," Litzow said.

     

    The White House did not respond to a request for comment.

    Download the NBC News app for full coverage of the coronavirus outbreak

    It would not be the first time the federal government has used FEMA's resources to assist in a medical event.

    In 2000, President Bill Clinton used a Stafford Act emergency declaration for outbreaks of the West Nile virus in New York and New Jersey, ordering up to $5 million in federal aid to supplement state efforts to combat the mosquito-borne virus.

    Emergency declarations are distinct from "major disaster" declarations, which are more far-reaching and are typically used for hurricanes, floods and other natural disasters.

     

    https://www.yahoo.com/news/fema-prepping-possible-coronavirus-emergency-161744651.html

     

    B/A

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  7. 2 minutes ago, coorslite21 said:

    Pete may have left too early....think about the average age of the front runners....they could all die of old age before the convention....

     

    As many here know I'm  Gabbard supporter.......her plan at this time is to keep going as she has several platforms that need to be heard.....ending the useless, endless wars.....revamping the election process...(length and dollars).......term limits....and a restructured DNC.....I doubt the DNC will give her a voice in July at the convention....but common sense usually rises to the top when things get b.c ad enough!    CL

     

    I agree, Gabbard will not be heard from very much if at all... Pete is 39... He will be back I'm sure. I'm not saying he is the guy, but you right that the elderly need to go home and spend time with their great grand kids... America needs to let go of the old regimes....

     

    B/A

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  8. 15 hours ago, alreis said:

    There are eight levels of control:
    1) Healthcare - Control healthcare and you control the people
    2) Poverty - Increase the poverty level as high as possible, poor people are easier to control and will not fight back if you are providing everything for them.
    3) Debt - Increase the debt to an unsustainable level. That way you are able to increase taxes, and this will produce more poverty.
    4) Gun Control - Remove the ability to defend themselves from the government . That way you are able to create a police state.
    5) Welfare - Take control of every aspect (food, housing, income) of their lives because that will make them fully dependent on the government.
    6) Education - Take control of what people read, listen to and take control of what children learn in school.
    7) Religion - Remove the belief in God from the government and schools because the people need to believe in ONLY the government knowing what is best for the people.
    😎 Class Warfare - Divide the people into the wealthy and the poor. Eliminate the middle class. This will cause more discontent and it will be easier to tax the rich with the support system">support of the poor.

     

     

    1) Yup Democrats certainly want to control healthcare.

     

    2) This one falls under the Republicans. They have crushed the middle class.

     

    3) Another Republican favorite... Debt and plenty of it.

     

    4) Back to Democrats... They are against guns.

     

    5) Another Democrat favorite, help the poor, but do nothing when their well intention program gets abused.

     

    6) Oh you Republicans... Education is not a priority and letting business handle it for profit is not good. Thousand Points of Light anyone?

     

    7) Religion... It's a split. If you are Muslium, or anything else the Republicans are against. If are any religion Dems are for. If you are American you realize our founding Fathers never wanted religion in government...

     

    8 This one is surely Republican. Big business overrules the rest of us by billions.

     

    JMHO

    B.A

     

     

     

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  9. 18 hours ago, Sage449 said:

    BA, dont you think the hysteria within the Democrats party is laughable too? To go to the suggested extreme or alternatives suggested in the article to prevent Bernie Sanders as the candidate seems border-line hysteria too. I agree with CL, let the people speak and if he or Biden or one of the other wins the nomination let them run. 

     

    I do... The party is in a shambles with no real leadership. But this crazy concept that if Bernie wins in November, we will suddenly become a new system is just pure conspiracy... No president has the power to change everything, not even with Executive Orders. If that was true, Trump would be doing it daily to serve his whims. People believe things to easily. Just like the left media makes their pitch about climate change, or healthcare, the right media is constantly pitching that we will all lose our guns or the stock market will instantly crash... And people believe it to be true. The ability to strike fear in the American public seems to be achieved all to easy.

     

    The reality is, not much really ever changes and when it does it takes a long time. I'm just tired of hearing people say that any one person is going to destroy America... JMHO

     

    B/A

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  10. 1 minute ago, 8th ID said:

    I agree CL. People should wake up....even the left. If the small controlling group of the DNC would do those things to remain in power with their party, what do you think they would try to do with the country now that they have been so emboldened. Right out of the ole communist manifesto.

     

    Do you seriously believe Sanders or anyone else is going to turn America into a Communist country? One person as president really doesn't have a lot of power... Even with the Senate look how little Trump has been able to do... So a Democrat president without the Senate will do even less... This hysteria from the right is laughable...

     

    B/A

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  11. 2 minutes ago, md11fr8dawg said:

    Here is a short comment sent to me by my financial advisor. See if you agree.

     

    I can tell you are concerned the Chinese might be lying to us. However, we have seen no proof of this, only speculation (although I can see how the thought of the Chinese lying about this can be very easy to believe). However, given how global this disease is, everything regarding the Coronavirus is being watched under a microscope and keep in mind that the World Health Organization has been very involved since early on as well. The other point I will add is that the World Health Organization has recently indicated that the global rate of cases has slowed and they have made progress in treating the disease. This is positive news you won’t find in most media outlets.  Also, many of the deaths related to the virus have come from people who are older, previously had other illnesses, or generally did not take very good care of themselves for various reasons. With that said and without trying to be morbid, their combined economic output would be extremely low, especially on a global scale.

     

    I think that is all true and obviously a letter to calm his clients... My guy sent out one that has the same message more or less... What else can they do? My guy is great and honest and told me by Wednesday he phone was ringing off the hook...

     

    B/A

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  12. 21 minutes ago, Pitcher said:

    Take a look at Airline, Hotel, and Cruise stocks.  They are getting hammered

     

    No doubt... Right now I wouldn't get on a bus , never mind planes, trains and cruise ships... They are all about to get slammed. So will hotels, restaurants and retail...

     

    B/A

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  13. SHOWS: GREENSBORO, NORTH CAROLINA, UNITED STATES (FEBRUARY 22, 2020)(NCHSAA - MUST COURTESY 'NCHSAA')

    1. HEAVEN FITCH WINNING MATCH TO CLINCH NORTH CAROLINA STATE HIGH SCHOOL WRESTLING CHAMPIONSHIP IN 106 POUND (48 KILOGRAM) CLASS

    2. FITCH BEING DECLARED WINNER AND CELEBRATING

    3. STILL PHOTO OF FITCH ON TOP STEP OF 106-POUND CLASS PODIUM WITH THREE BOYS

    4. STILL PHOTO OF FITCH ALONE ON PODIUM

    STORY: 16-year-old Heaven Fitch became the first female to win a North Carolina state high school wrestling championship earlier this week in Greensboro after defeating a field of mostly boys.

    Without enough female wrestlers to form a division of their own in North Carolina, the few girls who wrestle do so in the boys divisions.

    Fitch won her championship February 22 in the 106-pound (48 kilogram) weight class after finishing the season with a 54-4 record and winning the award for Most Outstanding Wrestler.

     

     

    https://www.yahoo.com/news/teenage-girl-wins-state-wrestling-020052440.html

     

     

     

    Let the Pizza Gate type conspiracies begin... LOL

     

    B/A

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