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Everything posted by Joe Ferguson forever
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WSJ has a nice piece on consumer sentiment. It's paywalled. basically says low and middle earners are maxed out on credit cards and will likely be forced to slow buying. Higher earners are concerned about a coming recession and falling stock market...and will likely decrease spending. Not a good combo.
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Random Political Thoughts Inc.
Joe Ferguson forever replied to T&C's topic in Politics, Polls, and Pundits
Looks to me like Rubio was set up for a fall. What a scary operative the guy who was tasked with taking him down is. Or maybe he just personally sees Rubio sa far too moderate. Either way, not good https://www.mediaite.com/news/top-state-department-official-spread-false-rumor-marco-rubio-is-gay-what-happens-in-the-cabana-stays-in-the-cabana/ -
There has been no where near 2 trillion in government spending cuts. Nor will there be. but there will be tax breaks for the wealthy! Meanwhile trariffs and a president who said the economy would improve on day one shares no blame. pi$$ing off every ally and trade partner , cozying up to authoritarians, blaming the stupid tariffs on fentanyl and conceding the real chance of an impending recession on national tv had nothing to do with the downturn in the market. Either you're really stupid or you're pretending to be. I go with the former.
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Those most invested in the market are most likely to complain about the last couple of weeks and vice versa. Interesting to see who on board is concerned. markets climb and fall, but these were unforced errors. on the bright side, you only lose money when you cash out. A D majority in congress could go a long way towards improving things.
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what part do you disagree with? Be specific. Perhaps JD Hill can help you. “Through its siege over Gaza, obstruction of humanitarian aid, alongside targeted attacks and killing of civilians and aid workers, despite repeated UN appeals, binding orders from the International Court of Justice and resolutions of the Security Council, Israel is intentionally causing death, starvation and serious injury, using starvation as a method of war and inflicting collective punishment on the Palestinian population,” the Committee said.
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perhaps you meant to say hamas there's an argument for that. but that isn't material to the question of Israel... https://www.ohchr.org/en/press-releases/2024/11/un-special-committee-finds-israels-warfare-methods-gaza-consistent-genocide
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if you need a more detailed description of the term, have at it. you're welcome. https://www.middleeasteye.net/explainers/meaning-definition-what-genocide-israel-gaza
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Trump ❤️ Tariffs
Joe Ferguson forever replied to The Frankish Reich's topic in Politics, Polls, and Pundits
Not if this guy has anything to do with it. I'll take his Economic chops over trump's any day. I'll bet he's never bankrupted a casino. I'm cheering for Canada here. Maybe he'll spank the old pig so hard that it precipitates some angina... https://www.msn.com/en-us/news/world/new-canadian-prime-minister-s-five-word-warning-to-trump-amid-trade-war/ar-AA1AA6oe -
Couple of problems here: many maga voters don’t meet your threshold. Remember when trump said “ I love the uneducated “? Why do you suppose he loves them? Second, he’s done nothing to help inflation. Put forth no deflationary ideas and has instituted inflationary tariffs. How you fools can defend this is beyond the pale. He idolizes and parrots McKinley’s economic ideas. The gilded age was fantastic for the mega rich. It sucked for the working class. Just keep eating his shyte…
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Israel is a country with a recent history of war crimes and genocide. Judaism is a religion comprised of a group of people that share religious beliefs, not necessarily political ones. I was at an event this weekend with 2 Jews who don’t support many of Israels recent actions, for example.
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I guess it depends on where you started. I was pretty happy with the Biden economy. The market did well. The supposedly "woke"issues had zero effect on my life. People living paycheck to paycheck feel inflation and the price of eggs now and presumably will for the foreseeable future. So, perhaps we're not even...
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yes, they confuse anti Israel with anti Semitic. It almost seems purposeful but I don't believe most maga's are that smart.
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it's almost like they enjoy playing the antagonist. I'm blaming mommy issues like JD Vance has....
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hmmmm, I don't remember him saying any of this on the campaign trail. Do you have any examples similar to the ones I posted about unicorns and free ice cream for the working class? Seems like the markets weren't forewarned either. Geez, you're an economic savant! Just yesterday his tool of a commerce secretary said there wasn't going to be a recession on "Meet the Press". I guess word of the planned recession hasn't reached him....