row_33 Posted July 22, 2018 Share Posted July 22, 2018 3 hours ago, DC Tom said: It's the proper English spelling. I often do that. I also pronounce "schedule" as "shedule." It adds colour conversations. Whatever are you trying to say, Willis? Link to comment Share on other sites More sharing options...
Tiberius Posted July 24, 2018 Share Posted July 24, 2018 Farm welfare U.S. readies plan to extend billions in aid to farmers caught in Trump’s trade war The U.S. Agriculture Department plans to announce $12 billion in emergency aid, the latest sign that growing trade tensions between the United States and other countries will not end soon. By Damian Paletta and Caitlin Dewey 40 minutes ago Link to comment Share on other sites More sharing options...
3rdnlng Posted July 24, 2018 Share Posted July 24, 2018 Gator, learn to spell the word "nuance". Think you can do it? Link to comment Share on other sites More sharing options...
GG Posted July 24, 2018 Author Share Posted July 24, 2018 Somebody better blink ASAP, because this trade spat is about to turn nasty. Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted July 24, 2018 Share Posted July 24, 2018 5 minutes ago, GG said: Somebody better blink ASAP, because this trade spat is about to turn nasty. Quick, everyone sell your stock options now before you can't buy your second jet! Link to comment Share on other sites More sharing options...
GG Posted July 24, 2018 Author Share Posted July 24, 2018 11 minutes ago, joesixpack said: Quick, everyone sell your stock options now before you can't buy your second jet! It's a bit more serious than that. Are you ok paying higher prices and having your taxes prop up a stupid tariff plan? 1 Link to comment Share on other sites More sharing options...
DC Tom Posted July 24, 2018 Share Posted July 24, 2018 23 minutes ago, GG said: Somebody better blink ASAP, because this trade spat is about to turn nasty. This the aid bill, or something else? Link to comment Share on other sites More sharing options...
Tiberius Posted July 24, 2018 Share Posted July 24, 2018 1 hour ago, 3rdnlng said: Gator, learn to spell the word "nuance". Think you can do it? You are so weak Link to comment Share on other sites More sharing options...
3rdnlng Posted July 24, 2018 Share Posted July 24, 2018 3 minutes ago, Tiberius said: You are so weak I see you didn't get your period again. 2 Link to comment Share on other sites More sharing options...
Tiberius Posted July 24, 2018 Share Posted July 24, 2018 23 minutes ago, GG said: It's a bit more serious than that. Are you ok paying higher prices and having your taxes prop up a stupid tariff plan? It's literally a tax and spend con game. Taxes on imports to please his ignorant followers and spending on welfare checks to please his butt hurt farming constituency who are paying the price for his taxes, except Trump is just going to pass that cost onto us. No wonder he ran casinos into the ground. Its like we we have an idiot like third thing as president! 1 minute ago, 3rdnlng said: I see you didn't get your period again. Ha ha! Is that what you learned at Trump University? To be an Internet D-Bag? Link to comment Share on other sites More sharing options...
GG Posted July 24, 2018 Author Share Posted July 24, 2018 36 minutes ago, DC Tom said: This the aid bill, or something else? It will be the culmination of tiny things. Remember that tech is responsible for much if the equity gains, and now China is trying to inflict pain there. I hope that there's a payoff at the end if this brinksmanship 1 Link to comment Share on other sites More sharing options...
keepthefaith Posted July 24, 2018 Share Posted July 24, 2018 1 hour ago, GG said: Somebody better blink ASAP, because this trade spat is about to turn nasty. Oh I think we're still very early in the game and it will get more difficult. Link to comment Share on other sites More sharing options...
row_33 Posted July 24, 2018 Share Posted July 24, 2018 That was the 35th piece of unsolicited guesswork on the economy today, all over the place in prediction Link to comment Share on other sites More sharing options...
DC Tom Posted July 24, 2018 Share Posted July 24, 2018 27 minutes ago, GG said: It will be the culmination of tiny things. Remember that tech is responsible for much if the equity gains, and now China is trying to inflict pain there. I hope that there's a payoff at the end if this brinksmanship I know there's many things going in to it, but I'm wondering what particular story you saw that indicates it's about to turn nasty. I'm sure it will eventually (I'm still mostly in cash in expectation.) But why now? Link to comment Share on other sites More sharing options...
Doc Brown Posted July 24, 2018 Share Posted July 24, 2018 https://www.nationalreview.com/corner/trump-administration-announces-aid-to-farmers-hurt-by-tariffs/ Trump Uses Emergency Powers to Fix a Problem He Created with Emergency Powers One of the most common conservative criticisms of government intervention is that it inevitably leads to more intervention down the road. The government steps in to try to fix A, and is therefore required to try also to fix B — B being the consequence of the government’s attempt to fix A. Here, in Politico, is a lovely example of this in action: The Trump administration is planning to ease fears of a trade war by announcing later Tuesday billions of dollars in aid to farmers hurt by tariffs, according to two sources familiar with the plan. COMMENTS The administration’s plan will use two commodity support programs in the farm bill, as well as the Agriculture Department’s broad authority to stabilize the agricultural economy during times of turmoil. Or, put another way: The Trump administration has intervened in the economy, and now, to mitigate the consequences of its intervening in the economy, it’s going to intervene in the economy again. In both cases, the taxpayer loses. He loses in the first instance because tariffs are taxes, and because taxes make goods more expensive. And he loses again when the government takes his money (or borrows it against his kids) and gives it to farmers who are down on their luck because the government elected to intervene. Yes, Minister had this pegged thirty years ago: Hacker: One of your officials pays farmers to produce surplus food, while on the same floor, the next office is paying them to destroy the surpluses. EEC Official: That is not true! Hacker: No? EEC: He is not in the next office, not even on the same floor! Even worse, both of these actions are being taken not by Congress, but by the executive branch. And even worse than that, they are being taken by the executive using powers that were delegated by Congress for use in emergencies. The laws that accord the president the power to impose tariffs without legislative approval are the the Trading with the Enemy Act of 1917, which requires the U.S. to be at war at least somewhere in the world; the International Emergency Economic Powers Act of 1977, which requires there to be a “national emergency”; the Trade Act of 1974, which requires either that the executive considers there to be “an adverse impact on national security from imports,” or believes a given nation’s behavior to be unfair and in need of an “appropriate and practicable” response; and the Trade Expansion Act of 1962, which allows the executive to “determine the effects on the national security of imports” and to “adjust the imports” if necessary. That President Trump is using these powers so routinely is a problem in and of itself. But that he is then “fixing” the fallout by, in part, using another set of emergency powers renders the whole affair somewhat farcical. This is decidedly not why these laws are on the books. This is not what the executive branch is for. This tendency is not limited to Trump, of course. Indeed, this is a problem that has been growing for more than eight decades, and under presidents from both parties. And until Congress grows a spine, it is a problem that will continue to grow. But it’s dismaying to watch the move being cheered on — or, at the very least, permitted — by a Republican-led House and Senate. Should Congress want to, it can easily take these powers back — over a veto if necessary. That this idea seems quaint shows how far we have strayed from the system as designed. 1 1 Link to comment Share on other sites More sharing options...
row_33 Posted July 24, 2018 Share Posted July 24, 2018 12 minutes ago, DC Tom said: I know there's many things going in to it, but I'm wondering what particular story you saw that indicates it's about to turn nasty. I'm sure it will eventually (I'm still mostly in cash in expectation.) But why now? If you predict doom every day for your whole life you will be right eventually Link to comment Share on other sites More sharing options...
GG Posted July 24, 2018 Author Share Posted July 24, 2018 43 minutes ago, DC Tom said: I know there's many things going in to it, but I'm wondering what particular story you saw that indicates it's about to turn nasty. I'm sure it will eventually (I'm still mostly in cash in expectation.) But why now? Because, I think that Chinese feel that Trump is in a corner now because he discussed releasing the strategic petroleum reserve and is now throwing in farm aid. That's not negotiating from a position of strength, and the Chinese know it. 1 Link to comment Share on other sites More sharing options...
3rdnlng Posted July 24, 2018 Share Posted July 24, 2018 1 hour ago, row_33 said: That was the 35th piece of unsolicited guesswork on the economy today, all over the place in prediction Isn't it nice to have so many choices? Link to comment Share on other sites More sharing options...
Tiberius Posted July 25, 2018 Share Posted July 25, 2018 When will the government start bailing out other businesses hurt in Trumps trade war? Link to comment Share on other sites More sharing options...
3rdnlng Posted July 25, 2018 Share Posted July 25, 2018 5 minutes ago, Tiberius said: When will the government start bailing out other businesses hurt in Trumps trade war? Have you learned to spell "nuance" yet? Link to comment Share on other sites More sharing options...
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