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Re: Trump is kickin ass and takin names [Re: Belmont] #942102
06/02/18 10:26 PM
06/02/18 10:26 PM
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Green Grove Retirement Communi...
OakAsFan Offline
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No president since Clinton has been genuinely good for the economy. If any president wants to take credit for this misleading math that is the job numbers of today, be my guest. Part time service jobs and "side hustles" like Uber are band aids, not solutions. Trump promises to bring back coal jobs but he knows he can't do that. He's taking advantage of his ill-informed base. Trump says he wants to train unskilled adults for the tech industry, but I'll believe it when I see it. Clinton proposed that in the '90s, and the Republican congress under Newt Gingrich said it wasn't government's job to train and educate adults. Now a Republican president is saying it is. I won't hold my breath.


"...the successful annihilation of organized crime's subculture in America would rock the 'legitimate' world's foundation, which would ultimately force fundamental social changes and redistributions of wealth and power in this country. Meyer Lansky's dream was to bond the two worlds together so that one could not survive without the other." - Dan E. Moldea
Re: Trump is kickin ass and takin names [Re: OakAsFan] #942146
06/03/18 09:10 AM
06/03/18 09:10 AM
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Originally Posted by OakAsFan
No president since Clinton has been genuinely good for the economy. If any president wants to take credit for this misleading math that is the job numbers of today, be my guest. Part time service jobs and "side hustles" like Uber are band aids, not solutions. Trump promises to bring back coal jobs but he knows he can't do that. He's taking advantage of his ill-informed base. Trump says he wants to train unskilled adults for the tech industry, but I'll believe it when I see it. Clinton proposed that in the '90s, and the Republican congress under Newt Gingrich said it wasn't government's job to train and educate adults. Now a Republican president is saying it is. I won't hold my breath.


I think you mean to say " No president since sexual predator Clinton has been genuinely............".

Last edited by Ciment; 06/03/18 09:12 AM.
Re: Trump is kickin ass and takin names [Re: Belmont] #942147
06/03/18 09:16 AM
06/03/18 09:16 AM
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The subject of this forum is "Trump is kickin ass and takin names" and not about "Clinton ,Obama, Bush kicken the can down the road".

Re: Trump is kickin ass and takin names [Re: Belmont] #942313
06/04/18 11:51 AM
06/04/18 11:51 AM
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https://www.whitehouse.gov/briefing...d-j-trumps-500-days-american-greatness/?

President Donald J. Trump’s 500 Days of American Greatness

Re: Trump is kickin ass and takin names [Re: Belmont] #942410
06/05/18 08:01 AM
06/05/18 08:01 AM
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http://thehill.com/homenews/adminis...linton-defense-and-was-pardoned-by-trump

Former Navy sailor pardoned by Trump plans to sue Obama

Re: Trump is kickin ass and takin names [Re: Belmont] #942520
06/06/18 08:51 AM
06/06/18 08:51 AM
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http://www.breitbart.com/news/apnewsbreak-secret-obama-era-license-let-iran-tap-dollars/?

Thank god Trump won the elections. Hillary was going to carry on the works of this incompetent president.

Re: Trump is kickin ass and takin names [Re: Belmont] #942583
06/06/18 05:19 PM
06/06/18 05:19 PM
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https://www.hannity.com/media-room/...-senator-says-he-may-back-trump-in-2020/

SCHUMER’S NIGHTMARE: Democratic Senator Says He MAY BACK TRUMP in 2020

Re: Trump is kickin ass and takin names [Re: Belmont] #942741
06/08/18 09:33 AM
06/08/18 09:33 AM
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Posts: 935
Past caring, then hang a left
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helenwheels Offline
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Past caring, then hang a left

Trump’s Justice Department is calling on the courts to throw out ACA protections for people with pre-existing conditions.

https://www.politico.com/amp/story/...e-texas-606930?__twitter_impression=true


This is huge, and will affect millions if it succeeds.


All God's children are not beautiful. Most of God's children are, in fact, barely presentable.


I never met anyone who didn't have a very smart child. What happens to these children, you wonder, when they reach adulthood?



Re: Trump is kickin ass and takin names [Re: Belmont] #942742
06/08/18 10:13 AM
06/08/18 10:13 AM
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Re: Trump is kickin ass and takin names [Re: Belmont] #942743
06/08/18 10:14 AM
06/08/18 10:14 AM
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http://www.breitbart.com/sports/201...ardon-late-boxing-champion-muhammad-ali/

President Trump Says He May Pardon Late Boxing Champion Muhammad Ali

Re: Trump is kickin ass and takin names [Re: Belmont] #942752
06/08/18 11:59 AM
06/08/18 11:59 AM
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Past caring, then hang a left
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helenwheels Offline
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Ali's lawyer has issued the following statement:



"We appreciate President Trump’s sentiment, but a pardon is unnecessary. The U.S Supreme Court overturned the conviction of Muhammad Ali in a unanimous decision in 1971. There is no conviction from which a pardon is needed.”


All God's children are not beautiful. Most of God's children are, in fact, barely presentable.


I never met anyone who didn't have a very smart child. What happens to these children, you wonder, when they reach adulthood?



Re: Trump is kickin ass and takin names [Re: Belmont] #942754
06/08/18 12:28 PM
06/08/18 12:28 PM
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Trump thinks all black people have criminal records.


"...the successful annihilation of organized crime's subculture in America would rock the 'legitimate' world's foundation, which would ultimately force fundamental social changes and redistributions of wealth and power in this country. Meyer Lansky's dream was to bond the two worlds together so that one could not survive without the other." - Dan E. Moldea
Re: Trump is kickin ass and takin names [Re: Belmont] #942758
06/08/18 01:17 PM
06/08/18 01:17 PM
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He also said the nfl players should suggest someone to be pardoned. Totally ignoring their whole argument, he just likes using his presidential powers to pardon people

Re: Trump is kickin ass and takin names [Re: Belmont] #942782
06/08/18 05:16 PM
06/08/18 05:16 PM
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http://www.breitbart.com/big-government/2018/06/08/federal-reserve-americans-wealth-100-trillion/?

Federal Reserve: Americans’ Wealth Now More than $100 Trillion

Re: Trump is kickin ass and takin names [Re: Belmont] #942784
06/08/18 05:39 PM
06/08/18 05:39 PM
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What are Trump's supporters out there in Appalachia going to do with their cut of the $100 Trillion?


"...the successful annihilation of organized crime's subculture in America would rock the 'legitimate' world's foundation, which would ultimately force fundamental social changes and redistributions of wealth and power in this country. Meyer Lansky's dream was to bond the two worlds together so that one could not survive without the other." - Dan E. Moldea
Re: Trump is kickin ass and takin names [Re: Belmont] #942785
06/08/18 05:40 PM
06/08/18 05:40 PM
Joined: Mar 2015
Posts: 935
Past caring, then hang a left
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helenwheels Offline
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Household Wealth Rises Above $100 Trillion For The First Time Ever... There Is Just One Catch
https://www.zerohedge.com/news/2018...ion-first-time-ever-there-just-one-catch


In the Fed's latest Flow of Funds report released at noon today, the Fed unveiled released the latest snapshot of the US "household" sector as of March 31 2018. What it revealed is that with $116.3 trillion in assets and a modest $15.6 trillion in liabilities, the net worth of US households rose above $100 trillion for the first time ever, hitting a new all time high of $100.8 trillion, increasing for 10 consecutive quarters and up $1.0 trillion as a result of an estimated $490 billion increase in real estate values, as well as a $511 billion increase in various stock-market linked financial assets like corporate equities, mutual and pension funds, and deposits as the market soared to new all time highs in the fist quarter, even if it ended Q1 on a slightly subdued note after the February VIXplosion and March rate spike.

Total household assets in Q1 rose $1.1 trillion to $116.3 trillion, while at the same time, total liabilities, i.e., household borrowings, rose by only $44 billion from $15.5 trillion to $15.6 trillion, the bulk of which was $10.1 trillion in home mortgages.

The breakdown of the total household balance sheet as of Q1 is shown below.

And while it would be great news if wealth across all of America had indeed risen as much as the chart above shows, the reality is that there is a big catch: as shown previously, virtually all of the net worth, and associated increase thereof, has only benefited a handful of the wealthiest Americans.

As the following chart from Deutsche Bank shows, the wealth inequality in the US is now as bad as it just during the Great Depression, with the top 0.1% of the US population owning as many assets as the bottom 90%.



In the CBO's latest, if somewhat dated, Trends in Family Wealth analysis published in 2016, the budget office showed a breakdown of the net worth chart by wealth group, which sadly shows how the "average" American wealth is anything but, and in reality most of that $100 trillion belongs to just 10% of the US population.

While the breakdown has not caught up with the latest data, it provides an indicative snapshot of who benefits. Here is how the CBO recently explained the wealth is distributed:

In 2013, families in the top 10 percent of the wealth distribution held 76 percent of all family wealth, families in the 51st to the 90th percentiles held 23 percent, and those in the bottom half of the distribution held 1 percent.

Average wealth was about $4 million for families in the top 10 percent of the wealth distribution, $316,000 for families in the 51st to 90th percentiles, and $36,000 for families in the 26th to 50th percentiles. On average, families at or below the 25th percentile were $13,000 in debt.

In other words, roughly 75% of the $1.1 trillion increase in assets went to benefit just 10% of the population, who also account for roughly 76% of America's financial net worth.

It also means that just 10% of the US population is worth roughly $90 trillion, while half of the US population was virtually no wealth, and if anything it is deeply in debt.


Even worse, when looking at how wealth distribution changed from 1989 to 2013, a clear picture emerges. Over the period from 1989 through 2013, family wealth grew at significantly different rates for different segments of the U.S. population. In 2013, for example:The wealth of families at the 90th percentile of the distribution was 54% greater than the wealth at the 90th percentile in 1989, after adjusting for changes in prices.

The wealth of those at the median was 4 percent greater than the wealth of their counterparts in 1989.

The wealth of families at the 25th percentile was 6 percent less than that of their counterparts in 1989.

As the chart below shows, nobody has experienced the same cumulative growth in after-tax income as the "Top 1%"

The above is particularly topical at a time when either party is trying to take credit for the US recovery. Here, while previously Democrats, and now Republicans tout the US "income recovery" they may have forgotten about half of America, but one entity remembers well: loan collectors. As the chart below shows, America's poor families have never been more in debt.

The share of families in debt (those whose total debt exceeded their total assets) remained almost unchanged between 1989 and 2007 and then increased by 50 percent between 2007 and 2013. In 2013, those families were more in debt than their counterparts had been either in 1989 or in 2007. For instance, 8 percent of families were in debt in 2007 and, on average, their debt exceeded their assets by $20,000. By 2013, in the aftermath of the recession of 2007 to 2009, 12 percent of families were in debt and, on average, their debt exceeded their assets by $32,000.

The increase in average indebtedness between 2007 and 2013 for families in debt was mainly the result of falling home equity and rising student loan balances. In 2007, 3 percent of families in debt had negative home equity: They owed, on average, $16,000 more than their homes were worth. In 2013, that share was 19 percent of families in debt, and they owed, on average, $45,000 more than their homes were worth. The share of families in debt that had outstanding student debt rose from 56 percent in 2007 to 64 percent in 2013, and the average amount of their loan balances increased from $29,000 to $41,000.

And there - as we say quarter after quarter- is your "recovery": the wealthy have never been wealthier, while half of America, some 50% of households, own just 1% of the country's wealth, down from 3% in 1989. And finally, America's poor have never been poorer.

Last edited by helenwheels; 06/08/18 05:41 PM.

All God's children are not beautiful. Most of God's children are, in fact, barely presentable.


I never met anyone who didn't have a very smart child. What happens to these children, you wonder, when they reach adulthood?



Re: Trump is kickin ass and takin names [Re: Belmont] #942786
06/08/18 06:00 PM
06/08/18 06:00 PM
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http://www.breitbart.com/big-govern...ker-was-busted-by-department-of-justice/

Donald Trump: ‘Terrific’ That a Leaker Was Busted by Justice Department

Re: Trump is kickin ass and takin names [Re: Belmont] #942787
06/08/18 06:01 PM
06/08/18 06:01 PM
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http://www.breitbart.com/big-govern...rs-say-economy-has-improved-under-trump/

Poll: 71% Percent of Voters Say Economy Has Improved Under Trump

Re: Trump is kickin ass and takin names [Re: Belmont] #942792
06/08/18 06:35 PM
06/08/18 06:35 PM
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The economy has been bad since 2001. If you like good economies and things like that, you should have put Bill Clinton back into the White House by electing his wife.


"...the successful annihilation of organized crime's subculture in America would rock the 'legitimate' world's foundation, which would ultimately force fundamental social changes and redistributions of wealth and power in this country. Meyer Lansky's dream was to bond the two worlds together so that one could not survive without the other." - Dan E. Moldea
Re: Trump is kickin ass and takin names [Re: Belmont] #942793
06/08/18 07:58 PM
06/08/18 07:58 PM
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^^^^^
I told everybody i know that after 8 years obama that there was no way in hell that they were going to vote for a woman president.

Re: Trump is kickin ass and takin names [Re: Belmont] #942797
06/08/18 08:27 PM
06/08/18 08:27 PM
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Yeah, the response to Obama's victory was really bizarre. You suddenly had Republicans spreading an anti-war message. The Tea Party movement to end government. These same people were carrying the torch for American imperialism just a day beforehand. It was almost as if white Christian males were saying that if they don't get the house, no one does.


"...the successful annihilation of organized crime's subculture in America would rock the 'legitimate' world's foundation, which would ultimately force fundamental social changes and redistributions of wealth and power in this country. Meyer Lansky's dream was to bond the two worlds together so that one could not survive without the other." - Dan E. Moldea
Re: Trump is kickin ass and takin names [Re: Belmont] #942799
06/08/18 08:55 PM
06/08/18 08:55 PM
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Amherst
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Amherst
Trump is a Don


Dont worry about what Im doing
Re: Trump is kickin ass and takin names [Re: OakAsFan] #942801
06/08/18 09:21 PM
06/08/18 09:21 PM
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Originally Posted by OakAsFan
The economy has been bad since 2001. If you like good economies and things like that, you should have put Bill Clinton back into the White House by electing his wife.


Clinton left office with pretty impressive numbers. He ran as a Democrat, but he was a capitalist at heart and isn't even considered a liberal by today's standards. The progressives despise that guy. He's considered a hypocrite by both sides.

Hillary's reputation is even worse.

Re: Trump is kickin ass and takin names [Re: Belmont] #942802
06/08/18 09:25 PM
06/08/18 09:25 PM
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Amherst
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Exactly


Dont worry about what Im doing
Re: Trump is kickin ass and takin names [Re: ralphie_cifaretto] #942803
06/08/18 09:46 PM
06/08/18 09:46 PM
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Originally Posted by ralphie_cifaretto
He ran as a Democrat, but he was a capitalist at heart and isn't even considered a liberal by today's standards


Progressive tax code.

Embraced tech revolution (which was a liberal stance then).

Pushed for universal health care.

Pushed for government funded tech training for adults (something Trump is now pushing, yet Republicans rejected it when Clinton wanted it).


"...the successful annihilation of organized crime's subculture in America would rock the 'legitimate' world's foundation, which would ultimately force fundamental social changes and redistributions of wealth and power in this country. Meyer Lansky's dream was to bond the two worlds together so that one could not survive without the other." - Dan E. Moldea
Re: Trump is kickin ass and takin names [Re: Belmont] #942806
06/08/18 10:07 PM
06/08/18 10:07 PM
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Amherst
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Amherst
Incorrect on all statements Oak, do your research.

No universal healthcare.

Weak reform for taxes.

And had no idea what tech was when he was in office.

Youre learning though.


Dont worry about what Im doing
Re: Trump is kickin ass and takin names [Re: OakAsFan] #942807
06/08/18 10:11 PM
06/08/18 10:11 PM
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Originally Posted by OakAsFan
Originally Posted by ralphie_cifaretto
He ran as a Democrat, but he was a capitalist at heart and isn't even considered a liberal by today's standards


Progressive tax code.

Embraced tech revolution (which was a liberal stance then).

Pushed for universal health care.

Pushed for government funded tech training for adults (something Trump is now pushing, yet Republicans rejected it when Clinton wanted it).


The so called "progressive" tax code is hardly worth mentioning. His main goal was to cut the deficit and he succeeded in doing so! What you are forgetting are his financial deregulation bills, something he championed while he was the president. When the crash occurred, he tried to blame the Republicans. He never took responsibility for anything he ever did in his life. Then again, neither did Trump.

Re: Trump is kickin ass and takin names [Re: Belmont] #942808
06/08/18 10:12 PM
06/08/18 10:12 PM
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Amherst
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Amherst
Clinton is Oaks hero because of Lewinsky


Dont worry about what Im doing
Re: Trump is kickin ass and takin names [Re: Belmont] #942810
06/08/18 10:21 PM
06/08/18 10:21 PM
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Amherst
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Amherst
I dont blame ya though Oak, Clinton was a Don too. Just like your man Trump


Dont worry about what Im doing
Re: Trump is kickin ass and takin names [Re: Belmont] #942811
06/08/18 10:27 PM
06/08/18 10:27 PM
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I agree with Rooster. Trump and Clinton are both alpha males who put their faith in the power of their own mind. They both have their flaws, but they also have impressive strengths. In many ways, I am proud of them both.

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