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The Trash Obama Thread


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6 minutes ago, DinarDavo said:

 

All true........not to mention that many American patriots were preoccupied with preparing for a civil war if it should be necessary to preserve the rule of law and our constitutional republic.

 

 

 

And more than ever I think people are getting ready for the next act from the fall out from the previous adm and where the left wants to take thins country.

 

We aren't out of the woods just yet.

 

Karsten

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1 hour ago, Pitcher said:

You got that right Yota. Barry is trying to take credit where NONE is due!!!

Barry could have had the boom that President Trump is enjoying but he was to busy putting regulations on Businesses. He could have gotten the tax laws changed but he was too busy raising taxes on business and running them off to tax haven countries like Ireland.  He could have had 3% growth but he thought America would never have that kind of growth again.

 

Obamacare has done more to strap the middle class with unnecessary healthcare costs it’s a wonder anyone can afford to buy a new house if they are middle-class.  Barry’s policies were detrimental to growth. If Trump had any help from the Dems he would have Obamacare repealed and replaced with something that would have really made the economy boom. Democrats, nothing but a bunch of unlawful pack of thieves and liars that are trying to ruin the USA with Socialism, open borders, and higher taxes. Can’t stand Barry the head of the Coup people and head Spymaster. 

 

I don't see companies running back with Trump's economic policies, in fact they are leaving, plus our farmers are losing and soon the retail investors will get hit again with the deregulation we are seeing... remember what happened to your 401-Ks? If anyone thinks unregulated banks will be good, just look at history. You cannot trust banks or Wall Street...

Pitcher you know the markets are being propped up right now and the bond markets are telling us what is to come. 

 

B/A

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4 minutes ago, Karsten said:

 

And more than ever I think people are getting ready for the next act from the fall out from the previous adm and where the left wants to take thins country.

 

We aren't out of the woods just yet.

 

Karsten

 

Nope we are deeper in the woods and if we let this guy have his way, we will have no allies when we need them... his policies are tearing us down faster than a prom dress after the dance.

 

B/A

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The stock market going up because of QE 1-4 doesn’t indicate economic growth. Real spendinding power of middle class Americans went down under Barry. It’s just a fact. It’s ok because it was all Bush’s fault right. Wrong

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31 minutes ago, Pitcher said:

Barry was the absolute worst President since Carter.  If you continue to defend him or his policies you are, ignorant, a fool, or a loyal Democrat paid to agitate. 

 

:twothumbs: Astute Statements AND Observations, Pitcher, AND The Very Best Of Your Weekend To You!!! :tiphat:

 

Might add "cognition" INEXTRICABLY EMBEDDED IN THEE "safe" "space"!!!

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Bush sank America, the Fed installed their QE policies. Presidents don't control money. The stock market has gone up because of cheap money. In the last 2 years it has continued to go up because corporate welfare has enabled the multi-nationals to buy back stock and keep their stock prices bloated. Our economy is actually slowing down. Our debt is rising faster than ever. Mom and pop investors will once again take it on the chin. Remember last time? Banks cashed in, left America broke and not one bankster was held accountable. 

 

You guys think I'm crazy but this market is fake...

 

 

 

 

An economy gone ‘mad?’ The Fed is going to cut interest rates despite record stock prices, low unemployment

 

It’s a mad, mad, mad, mad world. Or so one might believe looking at the U.S. economic picture.

Consider: Stocks are hitting record highs and layoffs and unemployment are at 50-year lows. Yet the Federal Reserve is prepared to cut interest rates soon because it’s worried about the economy.

Such it is in the era of Trump. The president, who’s demanded the independently run central bank cut rates, is probably going to get his wish. And largely because his very own policies are what have the Fed worried.

The central bank frets that White House trade clashes with China and other countries have hurt farmers, manufacturers and exporters, crimped business investment and slowed the U.S. economy.

Read: Powell says economy was hit by ‘confidence shock’ — it has only partly recovered

X

See Also
Trump and Xi: What’s at Stake at Their G20 Meeting
 
 
 
 
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The global economy has fared even worse with the fate of so many countries tied to China.

 

“Global growth has slowed,” said Mark Haefele, global chief investment officer at UBS Global Wealth Management. “The various trade disputes and tariff hikes have created uncertainty that makes it more difficult for businesses to commit to investment.”

 

If that’s not enough, a divided Congress could hit another impasse this fall that leads to a government shutdown or a freeze in federal spending. Both would be bad news for the economy.

That’s why Fed Chairman Jerome Powell isn’t really focused on the economy itself — it’s doing OK, actually. He’s nervous about what economists like to call internal or external “shocks.” A trade war certainly qualifies as one.

Hence his willingness to reduce a key interest rate at the end of July.

 

Not everyone is impressed. Many economists are skeptical that a small reduction in already low interest rates will do anything to spur borrowing or help the economy. Credit is cheap and readily available, and it has been for years.

“His case for easing is focused almost exclusively on the uncertainty caused by trade negotiations and the resulting drag on business confidence and investment,” said frequent Fed critic Stephen Stanley, chief economist at Amherst Pierpont Securities. “I find the case for easing incredibly weak.”

A light load of economic data this week is unlikely to sway the argument. Retail sales in June will probably show a modest increase and reflect healthy household spending, but a handful of reports on manufacturing are expected to remain soft.

 

No matter. The Fed has become unmoored from its typical approach to setting interest rates. So the usual rules don’t apply.

Like the troupe of characters in the hit 1963 movie, It’s a “Mad Mad, Mad Mad World,” searching elusively for stolen loot, senior Fed officials are groping for ways to explain their pending reversal on interest rates. Just seven months ago,remember, the Fed was predicting it would raise rates several times this year.

Read: Robots are coming for your jobs — Oregon, Louisiana, Texas have most to lose

Not anymore. Now the question is just how many times it will cut rates. And whether it will do any good at all.

https://www.marketwatch.com/story/an-economy-gone-mad-the-fed-is-going-to-cut-interest-rates-despite-record-stock-prices-low-unemployment-2019-07-11?siteid=yhoof2&yptr=yahoo

 

 

B/A

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22 minutes ago, bostonangler said:

You guys think I'm crazy but this market is fake...

 

 

The market is whatever someone is willing to pay for it’s stocks.  It isn’t fake it is inflated and will correct at some point.  You’re not crazy and I get what you are trying to say.  

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18 hours ago, Pitcher said:

Explain any of the following charts. 

 

2D0BA768-9AF6-47FA-B8C4-8AD7789048CC.jpeg.ce6a2f87a5ac386ad6ff8611e8374920.jpeg

 

I just looked closely at these charts... The negative impacts mostly begin with the end of "W"'s terms in office. So if Ronald Reagan had come back after "W" these numbers would still exist... It's like the 10 year bull run we are seeing... It will end and the next president will take the blame... That's how this works... I know you think I'm defending Obama, but all I'm doing is saying we are in a bull market and unlike a lot of people I know it will end. I think a lot of people do not realize who controls the money and the president's get the credit/blame. 

 

I see the same thing happening right now that we have seen many times over. When the big sell off happens mom and pop investors will get killed because they can't change there investments in one day like the banksters and Wall Street can. And yes we have seen incredible employment, but these new jobs aren't giving people a living wage. I see our national debt continues to increase. I don't see anyone trying to stop it. I see consumer debt worse now than in 2008, because people are trying to live their lives at a level they used to be able to afford, but their wages and inflation are not in balance.

 

The middle class is in trouble and without  a strong middle class America is in trouble.

 

 

B/A

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6 hours ago, bostonangler said:

You guys think I'm crazy but this market is fake...

You said it not me the crazy part...Fed need to cut rates, they should of never raise them in the first place. They did that cause of the Hate of Donald J. Trump, man came in an set the economy on fire. Making DC look bad an banks thirsty for $$$. That rate change and other threats from the Fed's saying they was bumping it couple more times after raising it, cause borrowing from a short fix rate to variable due to unstable comments from the Fed's from what I see.  

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On 7/13/2019 at 1:47 PM, bostonangler said:

 

 

You just refuse to see facts for what they are... 10 years... 10 years of growth... Are you denying the markets have gone up for 10 years?

Here is a chart for your enjoyment. Note 2009 when "W" left office.

 


Image result for dow 10 year chart

B/A

You are correct, the markets have been going upwards for ten years now. I remember during the last Presidential election how you kept 

spouting off how well you did in the stock markets under Obama. But what you fail to understand is why the markets kept going up under 

Obama verses why they are going up under President Trump. 

 

 

Quantitative Easing Explained

How Central Banks Create Massive Amounts of Money

 

 

 

Updated April 09, 2019

Quantitative easing is a massive expansion of the open market operations of a central bank. It’s used to stimulate the economy by making it easier for businesses to borrow money. The bank buys securities from its member banks to add liquidity to capital markets. This has the same effect as increasing the money supply. In return, the central bank issues credit to the banks' reserves to buy the securities.

Santa's note;
The Federal Reserve began Quantitative Easing in
2008
Under President Obama
 

Where do central banks get the credit to purchase these assets? They simply create it out of thin air. Only central banks have this unique power. This is what people are referring to when they talk about the Federal Reserve “printing money.” 

 

The purpose of this type of expansionary monetary policy is to lower interest rates and spur economic growth.

Lower interest rates allow banks to make more loans. Bank loans stimulate demand by giving businesses money to expand. They give shoppers credit to purchase more goods and services.

 

By increasing the money supply, QE keeps the value of the country's currency low.

This makes the country's stocks more attractive to foreign investors.

It also makes exports cheaper.

 

Japan was the first to use QE from 2001 to 2006. It restarted in 2012, with the election of Shinzo Abe as Prime Minister. He promised reforms for Japan's economywith his three-arrow program, “Abenomics.”

 

The U.S. Federal Reserve undertook the most successful QE effort. 

It added almost $2 trillion to the money supply.

That’s the largest expansion from any economic stimulus program in history.

As a result, the debt on the Fed’s balance sheet doubled from $2.106 trillion in November 2008 to $4.486 trillion in October 2014.

That's how Obama got the stock market to go up. 

But under President Trump there in no Quantitative Easing happening.

So what is causing the market to rise now?

U.S. unemployment fell to 3.6 percent, lowest since 1969

pull quote

 

The U.S. economy added 263,000 jobs in April, notching a record 103 straight months of job gains and signaling the current economic expansion shows little sign of stalling.

The unemployment rate fell to 3.6 percent, the Labor Department said Friday, the lowest since 1969. The official unemployment rate has been at or below 4 percent for more than a year.

 

 

Gross Domestic Product, First Quarter 2019

Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the first quarter of 2019 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent.

 

3.5 Million People Have Been Lifted off Food Stamps

pull quote

The number of people receiving Supplemental Nutrition Assistance Program benefits declined by 3.6 million since Trump was elected president and 3.1 million since he assumed office.

 

 

Santa's note;

I could go on and on about the economic indicators of the day as so many others here already have 

but your hatred of Trump won't let you see what is right before your eyes. 

Suffice it to say that under Obama the markets rose solely as a result of Quantitative Easing, 

which have had sever negative effects on the economy. 

But you think that is okay because you did well in the stock markets.

Under President Trump 

the markets are going up directly as a result of current economic policies

Which will have zero negative effect on the future economy.

 

On 7/13/2019 at 2:06 PM, bostonangler said:

 

I don't see companies running back with Trump's economic policies, in fact they are leaving, plus our farmers are losing and soon the retail investors will get hit again with the deregulation we are seeing... remember what happened to your 401-Ks? If anyone thinks unregulated banks will be good, just look at history. You cannot trust banks or Wall Street...

Pitcher you know the markets are being propped up right now and the bond markets are telling us what is to come. 

 

B/A

Even the Liberal press had to reluctantly admit that under President Trump companies are coming back,

10 Companies That Are Bringing Jobs Back to America

U.S. companies are responding to Trump with a series of American job announcements

Bayer AG (ADR) (OTCMKTS:BAYRY)

 

Amazon.com, Inc. (NASDAQ:AMZN)

put out a press release on Jan. 12 announcing it will be embarking on an ambitious hiring spree.

According to Amazon, it will be creating 100,000 new jobs for American workers over the next 18 months.

 

 

Ford Motor Company (NYSE:F)

had been planning to build a $1.6 billion factory in Mexico.

Instead, the company announced it was cancelling the Mexican car factory and added that it would invest $700 million to expand its Flat Rock Michigan factory.

 

International Business Machines Corp.(NYSE:IBM)

In December, IBM CEO Ginni Rometty announced her company had plans to invest $1 billion in the U.S. over the next four years, and that it will be filling 25,000 new U.S-based positions

 

Wal-Mart Stores Inc (NYSE:WMT)

Look for Walmart to hire 10,000 new retail employees. In addition, the company estimates that the construction or remodeling of stores, distribution centers and other facilities will support a further 24,000 construction-related jobs

 

Sprint Corp (NYSE:S) 

Sprint made the initial announcement in December. It confirmed that the 5,000 new positions were in addition to 5,000 hires it had announced in April

 

Count Lockheed Martin Corporation(NYSE:LMT)

the company will hire an additional 1,800 workers at the Texas plant where the airplane is built.

In addition to the direct hires, Lockheed Martin pointed out the ripple effect that it expects will create “thousands and thousands” of supply chain jobs across the U.S.

 

Hyundai Motor Co (OTCMKTS:HYMLF).

The South Korean auto maker announced it will boost its spending in the U.S. by 50% over planned levels, spending $3.1 billion over the next five years.

 

General Motors Company (NYSE:GM)

GM says the $1 billion will be spent on “multiple new vehicle, advanced technology and component projects” and will result in 1,500 new or retained jobs.

450 of those will move from Mexico to Michigan

when GM “insures” pickup and SUV axle production

 

 

 Carrier.

A division of United Technologies Corporation (NYSE:UTX)

Trump announced he had reached a deal with Carrier to keep 1,000 of those jobs in Indianapolis.

That’s not quite the same as hiring, but the deal did bring 1,000 jobs back to America 

 

plus our farmers are losing

Lies.

You seem to forget I live in a farming community.

Our farmers are not only getting a higher price for their wheat,

but the production is up to all time highs.

here is some pricing

 

CBOT September SRW ended at

$5.up 20 cents

 

KCBT September HRW closed at

$4.6up 35 cents

 

MGEX September HRS traded at

$5up 6 cents

All wheat futures prices rose week-over-week

after USDA reduced its global wheat production and ending stocks estimates in its monthly supply and demand report (see below). Soft red winter (SRW) September futures gained 20 cents to close at $5.23/bu and hard red winter (HRW) September futures jumped 35 cents to end at $4.67/bu. Hard red spring (HRS) September futures rose 6 cents to close at $5.43/bu. CBOT September corn futures gained 35 cents to end at $4.54/bu. CBOT August soybean futures gained 33 cents to close at $9.19/bu.

 

 

 

 

On 7/13/2019 at 2:08 PM, bostonangler said:

 

Nope we are deeper in the woods and if we let this guy have his way, we will have no allies when we need them... his policies are tearing us down faster than a prom dress after the dance.

 

B/A

What you, and the rest of the world, repeatedly fail to understand is that as the most powerful nation on the face of the earth

WE DON'T NEED ANYONE. 

They need us, and they are upset because they want to keep stealing from us with their unfair trade deals. We're not worried 

about them because in the end we hold the largest nuclear arsenal in the world. WHAT DA PROBLEM IS:butt-kicking:

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Trump Says Ilhan Omar Should Go Back to Africa: ‘You Can’t Leave Fast Enough’

Trump Literally Tells Ilhan Omar to Go Back to Africa

President Donald Trump referenced Rep. Ilhan Omar(D-MN) in a series of posts that literally urged the freshman congresswoman to go back to Africa.

On Sunday morning, Trump referenced the recent tension between Speaker of the House Nancy Pelosi and the four freshman Democrats who voted against the House version of a border bill — Omar, Rep. Rashida Tlaib (D-MI), Rep. Alexandria Ocasio-Cortez (D-NY), and Rep. Ayanna Pressley (D-MA).

“So interesting to see ‘Progressive’ Democrat Congresswomen, who originally came from countries whose governments are a complete and total catastrophe, the worst, most corrupt and inept anywhere in the world (if they even have a functioning government at all), now loudly……….and viciously telling the people of the United States, the greatest and most powerful Nation on earth, how our government is to be run,” Trump wrote.

Only Omar was born outside the United States, and all four were elected to the House of Representatives, where their job is literally to govern this country.

“Why don’t they go back and help fix the totally broken and crime infested places from which they came. Then come back and show us how……..it is done. These places need your help badly, you can’t leave fast enough. I’m sure that Nancy Pelosi would be very happy to quickly work out free travel arrangements!” Trump wrote.

Rep. Omar was born in Mogadishu, Somalia on October 4, 1982.

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15 minutes ago, Pitcher said:

Thank you for your post on Obama Yota.  That vid was in Nov 2016.  That should have been all over the National and internet news.  I never saw it.  

 

Pitcher....The Above Video was from 2008 and as I recall Larry Sinclair was found dead some time later. The Full Video is close to an hour long. They made him out to be a Criminal, liar and pretty much destroy all his crediblity much the same as they have done over the years with everyone that comes forward against them.

 

 

Karsten

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