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OT: What Is Happening At The White House?

So NJ Gov. is up to his keyster in a sexual abuse scandal! You hear about it?
The incident actually has a credible accusor, who did not wait 36 years but went right to hospital/police, reported it to her direct reports, contacted the Gov. direct and no justice! No investigation.

But in Jersey it is a quick sound bite on the local news, the local news that did seemingly hourly updates on an a scheduled appearance of Stormy Davis.

The is the problem when news media does not practice unbiased reporting, but is reflective of the owners and/or management of the station, paper, or whatever outlet is informing the public. We actually do get fake news. Fake news is very real.
 
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The recession of 2008 was the biggest economic meltdown since the Great Depression. So it kind of makes sense that the (8 consecutive year) recovery was similarly "weak".
Actually it would be the opposite. The deeper the recession, the lower the starting point of the recovery, the most room to grow back towards a normalized economic level.
 
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Alot yes and I'll tell you why.
The recovery began in June 2009, before president Obama's “stimulus” spendathon even started. It recovered because of the actions of the Federal Reserve and because it’s what market economies do. But presidents Obama policies led to the weakest recovery since before WWII.
I'll play this game, when Obama economy (really stupid to tie to a president) hit 4.9 and 5.1 in Q3/Q4 in '14 were those regulations in place?
 
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So NJ Gov. is up to his keyster in a sexual abuse scandal! You hear about it?
The incident actually has a credible accusor, who did not wait 36 years but went right to hospital/police, reported it to her direct reports, contacted the Gov. direct and no justice! No investigation.

But in Jersey it is a quick sound bite on the local news, the local news that did seemingly hourly updates on an a scheduled appearance of Stormy Davis.

The is the problem when news media does not practice unbiased reporting, but is reflective of the owners and/or management of the station, paper, or whatever outlet is informing the public. We actually do get fake news. Fake news is very real.
cool story.
 
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Let me guess this is based on exclusively the tax cuts and getting rid of regulations?
Probably not based "exclusively" on anything in particular. Lots of things contributing to today's bustling economy, including the things you mentioned, which are certainly helping a lot, especially for small business growth.
 
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So NJ Gov. is up to his keyster in a sexual abuse scandal! You hear about it?
The incident actually has a credible accusor, who did not wait 36 years but went right to hospital/police, reported it to her direct reports, contacted the Gov. direct and no justice! No investigation.

But in Jersey it is a quick sound bite on the local news, the local news that did seemingly hourly updates on an a scheduled appearance of Stormy Davis.

The is the problem when news media does not practice unbiased reporting, but is reflective of the owners and/or management of the station, paper, or whatever outlet is informing the public. We actually do get fake news. Fake news is very real.
Are you suggesting that the "we believe victims" movement has some limitations? :)
 
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btw
Ford may have perjured herself while testifying to the congressional committee.
She testified to being a psychologist, which under Ca. law she is not.
She is NOT a licensed psychologist. Again, another lie.
 
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Actually it would be the opposite. The deeper the recession, the lower the starting point of the recovery, the most room to grow back towards a normalized economic level.

The more grave the illness, the slower the recovery.

The Great Depression didn't end until WW II broke out, the U.S. seized control of most production, and sold savings bonds out the butt.
 
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Federal tax revenue is actually UP around 4.2%, in spite of tax cuts. Expenses are growing at 4.9%, due almost solely to increasing treasury rates causing net interest expense paid by the government to rise substantially.

Lots of ways to look at the same info.

The most obvious way of looking at it is that while we are in a booming economy, out deficit is GROWING. That is TERRIBLE and should be a concern to EVERYONE.

If we can't balance our books while the economy is running at full capacity, then we are truly F-ed.
 
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The most obvious way of looking at it is that while we are in a booming economy, out deficit is GROWING. That is TERRIBLE and should be a concern to EVERYONE.

If we can't balance our books while the economy is running at full capacity, then we are truly F-ed.
That we are in agreement on.

I just want to keep it real. If you cut taxes and revenue goes up, that means that you did what was intended, you stimulated the economy to the point that people/companies are paying lower tax rates, but they are paying it on more income, and there are more people paying. Hence, you got more tax revenue, not less.

The expense side, which is just as important in determining the deficit, is another story altogether. Trump is getting ready to tell every cabinet department that they have to cut budgeted expenses by 5%. I'm sure that will cause a $hitstorm and he'll be cast as unfeeling Satan incarnate, as usual. Kind of like the movie Dave. If you have a deficit in the real world, you either raise revenues or cut expenses, or a combination of both. Trump comes from the real world. Government is not the real world.
 
Really NO ANNUAL GDP GROWTH above 3% during president Obama's 8 yrs mostly due to his polices

http://fortune.com/2017/08/30/donald-trump-springfield-mo-3-gdp/
Again I'll play your game.

http://fortune.com/2017/08/30/donald-trump-springfield-mo-3-gdp/

“We just announced that we hit 3% in GDP, it just came out,” the president said.”On a yearly basis, as you know, the last administration, during an eight year period, never hit 3%. So we’re really on our way. If we achieve sustained 3% growth, that means 12 million new jobs and $10 trillion of new economic activity over the next decade. That’s some numbers.”

But the comparison that he made is somewhat misleading. President Trump compared annual GDP growth in the Obama era to quarterly GDP growth in a three month period. And quarterly GDP often isn’t a good indicator for how much an economy will produce over the year, with quarterly GDP growth often differing significantly from the year’s overall GDP growth.

Take the Obama era for example. Between 2009 and 2016, GDP growth reached at or above 3% on a quarterly basis about eight times.
 
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Some kind of special to pivot to annual when that's not what I asked. Again I'll play your game.

http://fortune.com/2017/08/30/donald-trump-springfield-mo-3-gdp/

“We just announced that we hit 3% in GDP, it just came out,” the president said.”On a yearly basis, as you know, the last administration, during an eight year period, never hit 3%. So we’re really on our way. If we achieve sustained 3% growth, that means 12 million new jobs and $10 trillion of new economic activity over the next decade. That’s some numbers.”

But the comparison that he made is somewhat misleading. President Trump compared annual GDP growth in the Obama era to quarterly GDP growth in a three month period. And quarterly GDP often isn’t a good indicator for how much an economy will produce over the year, with quarterly GDP growth often differing significantly from the year’s overall GDP growth.

Take the Obama era for example. Between 2009 and 2016, GDP growth reached at or above 3% on a quarterly basis about eight times.

He had 32 Qtrs. 8 qtrs of 3%? Also had one rate hike under Ben Bernake/ Yellen? How many rate hike under Trump? 6 or 7? BTW that Obama's policies of letting children come in from El Salvador has destroyed once sleepy area in Suffolk ( Suffering) county in NYS. Right now MS 13 accounts for about 40% of all homicides on Long Island. Don't expect the main stream to report this. 1/3 of all El Savadorians live now in USA.
 
Fake News: is real.

The usual test for a statement of fact is verifiability — that is, whether it can be demonstrated to correspond to experience. Standard reference works are often used to check facts. Scientific facts are verified by repeatable careful observation or measurement (by experiments or other means).
 
Again I'll play your game.

http://fortune.com/2017/08/30/donald-trump-springfield-mo-3-gdp/

“We just announced that we hit 3% in GDP, it just came out,” the president said.”On a yearly basis, as you know, the last administration, during an eight year period, never hit 3%. So we’re really on our way. If we achieve sustained 3% growth, that means 12 million new jobs and $10 trillion of new economic activity over the next decade. That’s some numbers.”

But the comparison that he made is somewhat misleading. President Trump compared annual GDP growth in the Obama era to quarterly GDP growth in a three month period. And quarterly GDP often isn’t a good indicator for how much an economy will produce over the year, with quarterly GDP growth often differing significantly from the year’s overall GDP growth.

Take the Obama era for example. Between 2009 and 2016, GDP growth reached at or above 3% on a quarterly basis about eight times.
And yet president Obama policies led to the weakest recovery since before WWII. The recovery began in 2009, before his stimulus spendathon because of the actions of the Federal Reserve and because market economies do this
 
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This is true but if the Obama administration was more fiscally sound, president Trump's hand would if been forced
We will see this next go around what president Trump will do, but you president Bush and president Obama for this ridiculous deficit.

Good to see Ivan prudent debt wise--------funny we didn't see that during last administration when National Debt went from 7 to 18 trillion.

Then again.......
 
Good to see Ivan prudent debt wise--------funny we didn't see that during last administration when National Debt went from 7 to 18 trillion.

Then again.......

Raising the national debt can be justified during times of war or financial calamity. We are going through neither now.
 
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Raising the national debt can be justified during times of war or financial calamity. We are going through neither now.
Agree regarding war. Raising the debt didn't work in the Great Depression and it didn't work during the last recession.

Besides, 2007 was not the 'financial calamity' DC elite portray it as. They conned the public into believing financial ruin was around to corner in order to justify handing my money to banks and then allowing banks to foreclose on peoples homes. Talk about the ultimate sting; I paid banks to compensate them for a home somebody defaulted on then the banks gets the home too... talk about double dipping.

But hey, at least the big donors to; Obama, Biden, Ryan, McConnell, etc came out on the good end.
 
Agree regarding war. Raising the debt didn't work in the Great Depression and it didn't work during the last recession.

Besides, 2007 was not the 'financial calamity' DC elite portray it as. They conned the public into believing financial ruin was around to corner in order to justify handing my money to banks and then allowing banks to foreclose on peoples homes. Talk about the ultimate sting; I paid banks to compensate them for a home somebody defaulted on then the banks gets the home too... talk about double dipping.

But hey, at least the big donors to; Obama, Biden, Ryan, McConnell, etc came out on the good end.

Raising the debt through deficit spending on WW II is what ended the Great Depression.

And bailing out the banks (even though unpopular) had wide support from BOTH sides of the aisle in 2008. It what kept the recession from getting totally out of control.

Great%20Depression%20Collage.jpg
 
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Raising the debt through deficit spending on WW II is what ended the Great Depression.

And bailing out the banks (even though unpopular) had wide support from BOTH sides of the aisle in 2008. It what kept the recession from getting totally out of control.

Great%20Depression%20Collage.jpg
The Democrats controlled both houses in 2008...is there any wonder there was a recession. Barney Franks fingerprints are all over that mess
What stopped the recession from getting out of hand was the federal reserve, and a market economy
 
The Democrats controlled both houses in 2008...is there any wonder there was a recession. Barney Franks fingerprints are all over that mess
What stopped the recession from getting out of hand was the federal reserve, and a market economy

Deregulation of the banks (Reagan) was the other set of fingerprints on that mess.

You should read Too Big To Fail. It is frightening how close we came to a total melt down.
 
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Hillary still does not believe her predator hubby should have resigned!!!!!!

How is that for double double^10 standards! Ah Dems, no moral compass...so lost!
 
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Hillary still does not believe her predator hubby should have resigned!!!!!!

How is that for double double standards! Ah Dems, no moral compass...so lost!

Resigned from what purse?
Don't forget about the predator in the oval office now before whining about double standards. #clueless hypocrite
Religious fanatics talking moral compass. Hilarious.
 
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Quote of the Day from the Los Angeles Times:
"Frankly, I don't know what it is about California, but we seem to have a strange urge to elect really obnoxious women to high office. I'm not bragging, you understand, but no other state, including Maine, even comes close. When it comes to sending left-wing dingbats to Washington, we're Number One. There's no getting around the fact that the last time anyone saw the likes of Barbara Boxer, Dianne Feinstein, Maxine Waters, Kamala Harris, and Nancy Pelosi, they were stirring a cauldron when the curtain went up on ' Macbeth '. The five of them are like jackasses who happen to possess the gift of blab You don't know if you should condemn them for their stupidity or simply marvel at their ability to form words."
Columnist Burt Prelutsky,
Los Angeles Times
 
Quote of the Day from the Los Angeles Times:
"Frankly, I don't know what it is about California, but we seem to have a strange urge to elect really obnoxious women to high office. I'm not bragging, you understand, but no other state, including Maine, even comes close. When it comes to sending left-wing dingbats to Washington, we're Number One. There's no getting around the fact that the last time anyone saw the likes of Barbara Boxer, Dianne Feinstein, Maxine Waters, Kamala Harris, and Nancy Pelosi, they were stirring a cauldron when the curtain went up on ' Macbeth '. The five of them are like jackasses who happen to possess the gift of blab You don't know if you should condemn them for their stupidity or simply marvel at their ability to form words."
Columnist Burt Prelutsky,
Los Angeles Times
 
Great article ! The author hit the main right on the head ! Those five make the witches in Macbeth look l
Normal by comparison !
To think that such a bunch like that could ever be elected to public office says a lot about the mentality
Of the people electing them !
 
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