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    All Forums | Politics

    The Biden Presidency: Repairing America.....again

    «First Previous 148149150 ... 179180181 Next Last»
    joe pockets
    spockgato
    Zeus4par
    KellyM_1964
    fubah2
    ...
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    «First Previous 148149150 ... 179180181 Next Last»
     
    joe pockets
    joe pockets
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    Posted: Dec. 12, 2023 - 10:52 AM ET #3676

    You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!

    Reply

    You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!

     
    spockgato
    spockgato
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    Posted: Dec. 12, 2023 - 10:56 AM ET #3677

    Times are hard out there . We need a man for the people . I’m not quite sure Biden is it . Neither is Trump in my opinion . Too much stress out there for the majority of people . Too much angst , anxiety , anger , and depression . The way that things are currently set up is making people unhappier by the day . You can see that in this very forum . Too much animosity . I extend a hand in peace thirdperson . Will you take it and show me that maybe there are some good people in this world who are willing to try and work together ? Peace brother .

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    Times are hard out there . We need a man for the people . I’m not quite sure Biden is it . Neither is Trump in my opinion . Too much stress out there for the majority of people . Too much angst , anxiety , anger , and depression . The way that things are currently set up is making people unhappier by the day . You can see that in this very forum . Too much animosity . I extend a hand in peace thirdperson . Will you take it and show me that maybe there are some good people in this world who are willing to try and work together ? Peace brother .

     
    Zeus4par
    Zeus4par
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    Posted: Dec. 12, 2023 - 2:56 PM ET #3678

    Quote Originally Posted by KellyM_1964:

    add 199000 jobs last mont exceeding expectations once again !!!!  president biden and the dems

    Love the good news trending in a positive direction

    an_cheers

     

     

     

    Reply

    Quote Originally Posted by KellyM_1964:

    add 199000 jobs last mont exceeding expectations once again !!!!  president biden and the dems

    Love the good news trending in a positive direction

    an_cheers

     

     

     

     
    Zeus4par
    Zeus4par
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    Posted: Dec. 12, 2023 - 2:58 PM ET #3679

    Quote Originally Posted by KellyM_1964:

    good economic news again  today !     unemployment rate in president bidens economy  drops from 3.9 to 3.7 again

    3.7%

    an_clap

     

     

     

    Reply

    Quote Originally Posted by KellyM_1964:

    good economic news again  today !     unemployment rate in president bidens economy  drops from 3.9 to 3.7 again

    3.7%

    an_clap

     

     

     

     
    spockgato
    spockgato
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    Posted: Dec. 12, 2023 - 3:05 PM ET #3680

    Quote Originally Posted by Zeus4par:

    Quote] Love the good news trending in a positive direction

    you got it buddy . I thought I would spread some Yuletide cheer around here . What’s the sense in fighting ? Ya know ? Happy holidays and Merry Christmas . We’ll get to a common ground . Together . I can feel it buddy . peace

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    Quote Originally Posted by Zeus4par:

    Quote] Love the good news trending in a positive direction

    you got it buddy . I thought I would spread some Yuletide cheer around here . What’s the sense in fighting ? Ya know ? Happy holidays and Merry Christmas . We’ll get to a common ground . Together . I can feel it buddy . peace

     
    Zeus4par
    Zeus4par
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    Posted: Dec. 12, 2023 - 3:07 PM ET #3681

    Quote Originally Posted by thirdperson:

    Philadelphia inquirer reports on Biden administration funding for decommissioned fire fighting companies.  Last year fire killed 3 adults and 9 children.  If local company had been operational, lives might have been saved.
    Then this is another positive step forward by the Biden admin

    an_clap

     

     

     

     

    Reply

    Quote Originally Posted by thirdperson:

    Philadelphia inquirer reports on Biden administration funding for decommissioned fire fighting companies.  Last year fire killed 3 adults and 9 children.  If local company had been operational, lives might have been saved.
    Then this is another positive step forward by the Biden admin

    an_clap

     

     

     

     

     
    KellyM_1964
    KellyM_1964
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    Posted: Dec. 12, 2023 - 3:17 PM ET #3682

    Quote Originally Posted by joe pockets:

    You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!
    good point  and they will do that if  america loses its mind and elects a mob crime boss guilty of sedition and sex crimes

     

     

     

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
    Reply

    Quote Originally Posted by joe pockets:

    You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!
    good point  and they will do that if  america loses its mind and elects a mob crime boss guilty of sedition and sex crimes

     

     

     

     
    spockgato
    spockgato
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    Posted: Dec. 12, 2023 - 3:21 PM ET #3683

    Yeah we need a good candidate . But who ?

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    Yeah we need a good candidate . But who ?

     
    Zeus4par
    Zeus4par
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    Posted: Dec. 12, 2023 - 3:25 PM ET #3684

    Quote Originally Posted by thirdperson:

    Quote Originally Posted by KellyM_1964:      unemployment rate in president bidens economy  drops from 3.9 to 3.7 againadd 199000 jobs last mont exceeding expectations once again !!!!  president biden and the dems According to Bureau of labor statistics, US unemployment has been under 4% for 22 consecutive months.  The longest stretch in 54 year!  Big improvement from over 6% unemployment rate that Biden inherited in 2021.
    @thirdperson  Yep!!  Biden was handed a reeling economy teetering on collapse,  nearly 6.4% unemployment, and hundreds of thousands of Americans dying from a deadly pandemic the Trump admin failed to manage to minimize destruction

     

     

     

     

    Reply

    Quote Originally Posted by thirdperson:

    Quote Originally Posted by KellyM_1964:      unemployment rate in president bidens economy  drops from 3.9 to 3.7 againadd 199000 jobs last mont exceeding expectations once again !!!!  president biden and the dems According to Bureau of labor statistics, US unemployment has been under 4% for 22 consecutive months.  The longest stretch in 54 year!  Big improvement from over 6% unemployment rate that Biden inherited in 2021.
    @thirdperson  Yep!!  Biden was handed a reeling economy teetering on collapse,  nearly 6.4% unemployment, and hundreds of thousands of Americans dying from a deadly pandemic the Trump admin failed to manage to minimize destruction

     

     

     

     

     
    spockgato
    spockgato
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    Posted: Dec. 12, 2023 - 3:27 PM ET #3685

    I just don’t feel comfortable voting for him . Or Biden either . I’m really at a crossroads here . Who’s your second favorite candidate Zeus ?

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    I just don’t feel comfortable voting for him . Or Biden either . I’m really at a crossroads here . Who’s your second favorite candidate Zeus ?

     
    KellyM_1964
    KellyM_1964
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    Posted: Dec. 12, 2023 - 3:32 PM ET #3686

    Quote Originally Posted by Zeus4par:

    Quote Originally Posted by KellyM_1964: add 199000 jobs last mont exceeding expectations once again !!!!  president biden and the dems Love the good news trending in a positive direction
    @Zeus4par

    that represents  more than 10% over original expectations by many economists

    an_cheers

     

     

     

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
    Reply

    Quote Originally Posted by Zeus4par:

    Quote Originally Posted by KellyM_1964: add 199000 jobs last mont exceeding expectations once again !!!!  president biden and the dems Love the good news trending in a positive direction
    @Zeus4par

    that represents  more than 10% over original expectations by many economists

    an_cheers

     

     

     

     
    KellyM_1964
    KellyM_1964
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    Posted: Dec. 12, 2023 - 3:33 PM ET #3687

    Quote Originally Posted by joe pockets:

    You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!
       now that will swing to impeaching the president while at the same time searching for a reason to do it

    an_roll_laugh

     

     

     

     

     

     

    "I'm the MOST HONEST human being that GOD EVER created!" - Donald "the felon" Trump
    Reply

    Quote Originally Posted by joe pockets:

    You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!
       now that will swing to impeaching the president while at the same time searching for a reason to do it

    an_roll_laugh

     

     

     

     

     

     

     
    spockgato
    spockgato
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    Posted: Dec. 12, 2023 - 5:16 PM ET #3688

    Yeah I just wanna get passed all the finger pointing and I just want us to solve our problems the best way possible . We can do it guys . But we need to do it together in harmony . Like Boyz 2 Men . 

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    Yeah I just wanna get passed all the finger pointing and I just want us to solve our problems the best way possible . We can do it guys . But we need to do it together in harmony . Like Boyz 2 Men . 

     
    fubah2
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    Posted: Dec. 12, 2023 - 11:01 PM ET #3689

    Quote Originally Posted by KellyM_1964:

    Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it

    Well that's the plan.  Impeach first, and look for a reason second.

    thejester

    Reply

    Quote Originally Posted by KellyM_1964:

    Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it

    Well that's the plan.  Impeach first, and look for a reason second.

    thejester

     
    spockgato
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    Posted: Dec. 13, 2023 - 12:06 AM ET #3690

    we need this kind of beautiful harmony in here and if we can get “ all the Philly cheesesteaks you can eat “ ….. even better .

    now that’s harmony guys . That’s what we need in here !

    philly cheesesteaks an_cheers

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    we need this kind of beautiful harmony in here and if we can get “ all the Philly cheesesteaks you can eat “ ….. even better .

    now that’s harmony guys . That’s what we need in here !

    philly cheesesteaks an_cheers

     
    fubah2
    fubah2
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    Posted: Dec. 13, 2023 - 12:10 AM ET #3691

    Quote Originally Posted by fubah2:

    Quote Originally Posted by KellyM_1964: Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it Well that's the plan.  Impeach first, and look for a reason second.

    They want a reason....they've searched for a reason but haven't found one.......so they will launch an impeachment inquiry anyway and hope to dig up something

     

     

    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by KellyM_1964: Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it Well that's the plan.  Impeach first, and look for a reason second.

    They want a reason....they've searched for a reason but haven't found one.......so they will launch an impeachment inquiry anyway and hope to dig up something

     

     

     
    Zeus4par
    Zeus4par
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    Posted: Dec. 13, 2023 - 3:02 PM ET #3692

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it Well that's the plan.  Impeach first, and look for a reason second. They want a reason....they've searched for a reason but haven't found one.......so they will launch an impeachment inquiry anyway and hope to dig up something

    @fubah2

     It would be the first time in history that a US president is impeached without any just reason other than retribution for their guy being impeached on multiple serious offenses including sedition.

    And if the democrat controlled senate confirms, then Kamala Harris would become our new, much younger president an_cheers

    an_clap

    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it Well that's the plan.  Impeach first, and look for a reason second. They want a reason....they've searched for a reason but haven't found one.......so they will launch an impeachment inquiry anyway and hope to dig up something

    @fubah2

     It would be the first time in history that a US president is impeached without any just reason other than retribution for their guy being impeached on multiple serious offenses including sedition.

    And if the democrat controlled senate confirms, then Kamala Harris would become our new, much younger president an_cheers

    an_clap

     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 54122
    Posted: Dec. 13, 2023 - 3:47 PM ET #3693

    an_police HEADLINES today . . .

     

                  NEW Fed projections:
    Inflation should cool faster than previously thought!

     

                 Federal Reserve officials believe inflation could slow
               more than previously thought, according to the central
              bank’s latest economic projections released Wednesday.

                 an_2drinks

    Reply

    an_police HEADLINES today . . .

     

                  NEW Fed projections:
    Inflation should cool faster than previously thought!

     

                 Federal Reserve officials believe inflation could slow
               more than previously thought, according to the central
              bank’s latest economic projections released Wednesday.

                 an_2drinks

     
    wallstreetcappers
    wallstreetcappers
    Covers Linesmen
    Participation Meter
    Joined: Feb, 2003
    Posts: 58436
    Posted: Dec. 13, 2023 - 3:55 PM ET #3694

    The FED is never right, they look at measures which are not centered in the economy and they have little control over inflation with their dull tools. The market today loves the move away from rate increases to neutral or rate cuts and that is why the SPX is higher but with lower rate expectations there will be two issues- first is oil will go higher as you see today and that has nothing to do with Biden rather if the USD rate relative to other currencies is LOWER then the currency is weaker and oil relative to other currencies is more expensive. The second issue is if the FED thinks that the economy is slowing and the fact they are never right it could mean a recession possibility is coming and that also could be why oil dropped so much this last month, that there is potential for a reduction in demand.

     

    Reply

    The FED is never right, they look at measures which are not centered in the economy and they have little control over inflation with their dull tools. The market today loves the move away from rate increases to neutral or rate cuts and that is why the SPX is higher but with lower rate expectations there will be two issues- first is oil will go higher as you see today and that has nothing to do with Biden rather if the USD rate relative to other currencies is LOWER then the currency is weaker and oil relative to other currencies is more expensive. The second issue is if the FED thinks that the economy is slowing and the fact they are never right it could mean a recession possibility is coming and that also could be why oil dropped so much this last month, that there is potential for a reduction in demand.

     

     
    fubah2
    fubah2
    Legend
    Participation Meter
    Joined: Aug, 2012
    Posts: 54122
    Posted: Dec. 13, 2023 - 4:20 PM ET #3695

    Quote Originally Posted by fubah2:


    an_police HEADLINES today . . .

     

                  NEW Fed projections:
    Inflation should cool faster than previously thought!

     

                 Federal Reserve officials believe inflation could slow
               more than previously thought, according to the central
              bank’s latest economic projections released Wednesday.

                 an_2drinks

    CNN article continues with positive news ...

    The Fed projects that the core Personal Consumption
    Expenditures index, its preferred inflation gauge,
    will end the year at 3.2%, down 0.5 percentage points
    from projections released in September.

    Fed members now see it cooling to 2.4% in 2024   an_2drinks
    (previously estimated 2.6%) 

     

    ...more positive news to come... (not GREAT, but certainly positive)

     

    Reply

    Quote Originally Posted by fubah2:


    an_police HEADLINES today . . .

     

                  NEW Fed projections:
    Inflation should cool faster than previously thought!

     

                 Federal Reserve officials believe inflation could slow
               more than previously thought, according to the central
              bank’s latest economic projections released Wednesday.

                 an_2drinks

    CNN article continues with positive news ...

    The Fed projects that the core Personal Consumption
    Expenditures index, its preferred inflation gauge,
    will end the year at 3.2%, down 0.5 percentage points
    from projections released in September.

    Fed members now see it cooling to 2.4% in 2024   an_2drinks
    (previously estimated 2.6%) 

     

    ...more positive news to come... (not GREAT, but certainly positive)

     

     
    thirdperson
    thirdperson
    Captain
    Participation Meter
    Joined: Feb, 2005
    Posts: 9497
    Posted: Dec. 15, 2023 - 2:29 AM ET #3696

    Los Angeles times reveal Biden administration plan to require drug companies to lower prices for drugs with patents partially owned by government.  These are drugs that wouldn't exist if not for government funding of research and development.  New drugs won't do much good if they are priced so high that insurers won't cover them.  Americans should have access to drugs that their taxes paid for.

    Reply

    Los Angeles times reveal Biden administration plan to require drug companies to lower prices for drugs with patents partially owned by government.  These are drugs that wouldn't exist if not for government funding of research and development.  New drugs won't do much good if they are priced so high that insurers won't cover them.  Americans should have access to drugs that their taxes paid for.

     
    spockgato
    spockgato
    Banned
    Participation Meter
    Joined: Apr, 2005
    Posts: 15326
    Posted: Dec. 15, 2023 - 6:27 AM ET #3697

    Quote Originally Posted by Zeus4par:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it Well that's the plan.  Impeach first, and look for a reason second. They want a reason....they've searched for a reason but haven't found one.......so they will launch an impeachment inquiry anyway and hope to dig up something @fubah2  It would be the first time in history that a US president is impeached without any just reason other than retribution for their guy being impeached on multiple serious offenses including sedition. And if the democrat controlled senate confirms, then Kamala Harris would become our new, much younger president

    don’t you go doing that RickyBobby . Don’t you go touting Kamala as some kind of winner for the American people . I can’t back that . That’s scary . She speaks sideways . And upside down . And repeats simple phrases over and over again . She just says them in different ways .

    We need someone that already has thoughts that are concrete and ready to fire in their brains . We don’t need teleprompter puppets . Come on . Don’t cheer that idea .

    You see her speak ? She is not a leader .

    And yes I do believe that we are all created equal so it has nothing to do with her being a woman but it has everything to do with her never reaching her true potential because she has sold out to the machine and won’t let her mind fight through any of the discomfort or angst that is associated with someone that must speak truthfully in order to get things done , whether some people’s feelings get hurt in the process or not .

    real people that don’t fold under the pressure of scrutiny from those that are “with them “ or “ against them “  an_cheers

    wallstreetcappers craps in his draws and pees fuckin backwards from his vaj with a squirt.
    Reply

    Quote Originally Posted by Zeus4par:

    Quote Originally Posted by fubah2: Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964: Quote Originally Posted by joe pockets: You would think Speaker Johnson would praise this great run ! Unfortunately Hunters laptop and 1.4 million of possible unpaid taxes muddies the Houses work for the better part of 2 years! Maybe they could find time to have another Tax cut for the Trumps or Musks of the world!   now that will swing to impeaching the president while at the same time searching for a reason to do it Well that's the plan.  Impeach first, and look for a reason second. They want a reason....they've searched for a reason but haven't found one.......so they will launch an impeachment inquiry anyway and hope to dig up something @fubah2  It would be the first time in history that a US president is impeached without any just reason other than retribution for their guy being impeached on multiple serious offenses including sedition. And if the democrat controlled senate confirms, then Kamala Harris would become our new, much younger president

    don’t you go doing that RickyBobby . Don’t you go touting Kamala as some kind of winner for the American people . I can’t back that . That’s scary . She speaks sideways . And upside down . And repeats simple phrases over and over again . She just says them in different ways .

    We need someone that already has thoughts that are concrete and ready to fire in their brains . We don’t need teleprompter puppets . Come on . Don’t cheer that idea .

    You see her speak ? She is not a leader .

    And yes I do believe that we are all created equal so it has nothing to do with her being a woman but it has everything to do with her never reaching her true potential because she has sold out to the machine and won’t let her mind fight through any of the discomfort or angst that is associated with someone that must speak truthfully in order to get things done , whether some people’s feelings get hurt in the process or not .

    real people that don’t fold under the pressure of scrutiny from those that are “with them “ or “ against them “  an_cheers

     
    Zeus4par
    Zeus4par
    Captain
    Participation Meter
    Joined: Jul, 2021
    Posts: 6070
    Posted: Dec. 15, 2023 - 6:33 AM ET #3698

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: HEADLINES today . . .                

    NEW Fed projections:

    Inflation should cool faster than previously thought!   

             

    CNN article continues with positive news ...

    The Fed projects that the core Personal Consumption
    Expenditures index, its preferred inflation gauge,
    will end the year at 3.2%, down 0.5 percentage points
    from projections released in September.

    Fed members now see it cooling to 2.4% in 2024   an_2drinks
    (previously estimated 2.6%) 

    ...more positive news to come... (not GREAT, but certainly positive)

    @fubah2  peace_5 Keep the positive leaning news rolling please    Far too much negativity going on 

     

     

     

     

     

     

    Reply

    Quote Originally Posted by fubah2:

    Quote Originally Posted by fubah2: HEADLINES today . . .                

    NEW Fed projections:

    Inflation should cool faster than previously thought!   

             

    CNN article continues with positive news ...

    The Fed projects that the core Personal Consumption
    Expenditures index, its preferred inflation gauge,
    will end the year at 3.2%, down 0.5 percentage points
    from projections released in September.

    Fed members now see it cooling to 2.4% in 2024   an_2drinks
    (previously estimated 2.6%) 

    ...more positive news to come... (not GREAT, but certainly positive)

    @fubah2  peace_5 Keep the positive leaning news rolling please    Far too much negativity going on 

     

     

     

     

     

     

     
    kcblitzkrieg
    kcblitzkrieg
    Captain
    Participation Meter
    Joined: Jan, 2008
    Posts: 8009
    Posted: Dec. 15, 2023 - 2:28 PM ET #3699

    @wallstreetcappers

     

    Quote Originally Posted by wallstreetcappers:

    The FED is never right, they look at measures which are not centered in the economy and they have little control over inflation with their dull tools. The market today loves the move away from rate increases to neutral or rate cuts and that is why the SPX is higher but with lower rate expectations there will be two issues- first is oil will go higher as you see today and that has nothing to do with Biden rather if the USD rate relative to other currencies is LOWER then the currency is weaker and oil relative to other currencies is more expensive. The second issue is if the FED thinks that the economy is slowing and the fact they are never right it could mean a recession possibility is coming and that also could be why oil dropped so much this last month, that there is potential for a reduction in demand.

    Well said Wally, well said peace_5

    I had a tiny hope in my heart that JPOW would do Volcker things.  I realize now how wrong I was.  Yellen is completely undermining the underwhelming efforts regardless.  

    JPOW not Volcker. 

    He is Burns.  God help us all.  

    Time is a flat circle....
    Reply

    @wallstreetcappers

     

    Quote Originally Posted by wallstreetcappers:

    The FED is never right, they look at measures which are not centered in the economy and they have little control over inflation with their dull tools. The market today loves the move away from rate increases to neutral or rate cuts and that is why the SPX is higher but with lower rate expectations there will be two issues- first is oil will go higher as you see today and that has nothing to do with Biden rather if the USD rate relative to other currencies is LOWER then the currency is weaker and oil relative to other currencies is more expensive. The second issue is if the FED thinks that the economy is slowing and the fact they are never right it could mean a recession possibility is coming and that also could be why oil dropped so much this last month, that there is potential for a reduction in demand.

    Well said Wally, well said peace_5

    I had a tiny hope in my heart that JPOW would do Volcker things.  I realize now how wrong I was.  Yellen is completely undermining the underwhelming efforts regardless.  

    JPOW not Volcker. 

    He is Burns.  God help us all.  

     
     
    Zeus4par
    Zeus4par
    Captain
    Participation Meter
    Joined: Jul, 2021
    Posts: 6070
    Posted: Dec. 15, 2023 - 4:32 PM ET #3700

    Quote Originally Posted by thirdperson:

    Los Angeles times reveal Biden administration plan to require drug companies to lower prices for drugs with patents partially owned by government.  These are drugs that wouldn't exist if not for government funding of research and development.  New drugs won't do much good if they are priced so high that insurers won't cover them.  Americans should have access to drugs that their taxes paid for.
    More good news for Americans

    Reply

    Quote Originally Posted by thirdperson:

    Los Angeles times reveal Biden administration plan to require drug companies to lower prices for drugs with patents partially owned by government.  These are drugs that wouldn't exist if not for government funding of research and development.  New drugs won't do much good if they are priced so high that insurers won't cover them.  Americans should have access to drugs that their taxes paid for.
    More good news for Americans

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