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Trump Screws the 99%
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Feb 19, 2017 21:34:53   #
Progressive One
 
archie bunker wrote:
You lose gracefully? No.......it has been proven that you don't.


I'm driven by self-perception...not the perception of me as expressed to me by others.....their perception means something to THEM ONLY...

Reply
Feb 19, 2017 22:43:46   #
Docadhoc Loc: Elsewhere
 
Progressive One wrote:
Obama was a super-smart non toadie. A community organizer, professor, lawyer, senator and two-time POTUS. What a resume. He is even writing scholarly articles as Barack Obama, JD outlining how repealing ObamaCare will hurt the insurance industry and individuals. That brother is way over everyone's head and not a bootlicker...you all don't like those kind of blacks. That is why I try my to work my ass off to be that same caliber of black man....a scholarly non-toadie who could never have his self-perception shaped by those with an inherent lowered view of black people. If Obama wanted to destroy America, he would have continued W's policies that would have led to a full depression and not turn things around.
Obama was a super-smart non toadie. A community o... (show quote)


Yeah, you're an Obamaphyte. We know.

That has nothing to do with you Sally. You're still a racist liar. No change in that. Be honest. Obama being a president made you feel important didn't it?

And before you go on a rant licking Obama's boots, try to remember you are talking about the intelligence of a guy who thinks America has 57 states.

Like it or not, you lost.

What will.you do if the criminal lawsuit claiming he is guilty of treason moves forward? The guy pushing it is one of the nation's most.prominent prosecutors. I can't wait for your tirades if it goes to trial.

Reply
Feb 19, 2017 22:48:51   #
Docadhoc Loc: Elsewhere
 
Progressive One wrote:
Got to love crackas like you.....I love slam dunking your asses in every facet of life I can when I get the opportunity to do so. I don't mind defeat because of a comparable or greater effort on the part of my opponent. I'm like my Spurs, we lose gracefully because we knew it took a helluva effort on the part of our opponent to defeat us. But you nasty ass racists believe in superiority as if you're supposed to always have the upper hand..by virtue of.....but when it doesn't work out like that....just call em niggers....hilarious and you still don't get trumpette...........you're getting played like a piano for a fool......because you bought into the redneck president thing.....so call me a nigger, all I say is fk you cracka..and the beat goes on....................
Got to love crackas like you.....I love slam dunki... (show quote)


The Spurs lose when they get beaten. You are a doorknob. It takes work to win. Less to lose. You should be familiar with the convert of losing by now.

Reply
 
 
Feb 19, 2017 23:32:37   #
PeterS
 
kankune wrote:
Man....step out of your bubble and find out what's actually going on!!!

How, by walking into your bubble? Did you know that the Swedish Prime Minister heard Trumps latest ramble and wanted to know what terrorist attacks happened in his country. Maybe you can tweet him and tell him where they were at...

Reply
Feb 20, 2017 08:50:03   #
eagleye13 Loc: Fl
 
StraightUp, do you wonder what the .0001% is up to?
A big battle is on. Get informed on what the .0001% is up to:
I hope more Americans get tuned in.
Food for thought. Don't get blind sided.
https://pro.agorafinancial.com/p/AWN_icenine_0117/LAWNT269/?h=true

Quote:
https://www.nytimes.com/2017/02/09/us/politics/consumer-financial-protection-bureau-republicans.html?rref=collection%2Ftimestopic%2FConsumer%20Financial%20Protection%20Bureau&action=click&contentCollection=timestopics&region=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=collection

So the latest Republican offense against the American people is the current attack on the Consumer Financial Protection Bureau (C.F.P.B.).

The C.F.P.B. is...
1. not funded by our taxes but by the private sector. (So, entirely capitalist).
2. designed to protect consumers against predatory business practices.
3. introduced as part of the Dodd-Frank Financial Reform Protection Act of 2010.

The attack...
1. is yet another executive order... this one allowing the president to replace the bureau’s director at any time. (government intrusion)
2. is also a legislative bill in the works to limit the bureau’s enforcement authority, reduce its ability to make rules AND... "repeal" its consumer complaint system.

Repeal it's consumer complaint system?
Really?
So now we can't even complain? We can't be heared? Is that how this this thing is supposed to work?
I'm asking the Trump supporters... 'cause no one else can figure out why you voted for him.
https://www.nytimes.com/2017/02/09/us/politics/con... (show quote)

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Feb 20, 2017 09:01:32   #
eagleye13 Loc: Fl
 
good post LJ; but one point;
I think you put the cart before the horse here;
"The Federal Reserve has become nothing more than another arm of the executive branch, responding to the beck-and-calls of the president."

The borrower is servant to the lender.
It has been a partnership though; both the FED and the government have been fleecing the working class.

"Let’s hope that President Trump, who has promised to “drain the swamp,” sees through the light of Mnuchin’s talking points and prioritizes the passage of this bill. The economy can’t be made “great again” without doing so." - amen

lindajoy wrote:
Nailed it again, Eagle, unfortunately too much info and facts just confuse and obtrude in their make believe minds...
"
Over the years, Sen. Rand Paul (R-Ky.) and Rep. Thomas Massie’s (R-Ky.) Federal Reserve Transparency Act has received growing bipartisan support, even from polar opposite ideologues like Sens. Bernie Sanders (I-Vt.) and Mike Lee (R-Utah), who recognize the dangers of allowing Fed officials to manipulate the economy for political gain.

In 2014, the bill passed the House with a 333-92 vote. Although it failed the Senate by a mere 7 votes, many speculate that the “Trump bump” will allow it to hop over the legislative hurdle once and for all -- that is, unless Mnuchin distances the president away from it.



Although Trump recognizes that “Auditing the Fed is so important,” so much so that he publicly called out Sen. Ted Cruz (R-Texas) for missing a vote on the bill last year, Mnuchin is quietly working to stop the legislation from advancing. When questioned last week by Sen. Bill Nelson (R-Fla.), Mnuchin said, “As you know, the Federal Reserve is organized with sufficient independence to conduct monetary policy.”

Mnuchin is merely echoing his former Wall Street cohort’s talking points, and it’s important that we debunk them now before further damage is done to this important cause.

The Fed does not operate 'independently'


The Federal Reserve has become nothing more than another arm of the executive branch, responding to the beck-and-calls of the president.

As economics scholar Robert Weintraub detailed, Fed policies almost always change to reflect the monetary views of the president. For example, when he was head of the Fed, William McChesney Martin complied with President Eisenhower’s request for very slow growth in the money supply. Years later, however, Martin then agreed to reverse course by cranking up money growth to 5 percent for President Lyndon Johnson, who depended on massive Fed inflation to finance his “Great Society.”

The same held true under Fed Chairman Arthur Burns. A former vice president of the Dallas Fed said that, “The diary [Burns] kept during the Nixon years confirms that Fed policy became subservient to administration goals and the president’s re-election campaign.”

Things have not improved in recent years. In fact, this past election cycle, the “apolitical” employees of the Federal Reserve doled out over four times more in campaign donations to Hillary Clinton, who was widely speculated to win the presidency, than any of the other candidates combined.

So no, the Fed does not act independently -- its members only do what is politically and personally convenient. Only a thorough Congressional audit can stop this cozy relationship between the president and the central bank.

The Fed is not thoroughly audited

Critics such as Mnuchin and Sen. Bob Corker (R-Tenn.) often argue that this bill is useless because the Fed is already thoroughly audited. This claim is far from the truth.

Currently, the Government Accountability Office, the independent, apolitical government agency tasked with auditing the Fed, is not allowed to touch the central bank’s monetary policy deliberations, FOMC transactions, and agreements with foreign central banks.

In a testimony to Congress, the GAO expressed how the audit in its current form is virtually futile because it does not allow them to adequately determine where our money is going. The Office stated, “We do not see how we can satisfactorily audit the Federal Reserve System without authority to examine the largest single category of financial transactions and assets that it has.”

In 2011, Congress ordered a limited, one-time GAO audit of Fed actions during the subprime crisis, and the results were far from pretty. That audit uncovered that the Fed lent out a whopping $16 trillion to domestic and foreign banks during the financial crisis without congressional approval.

What is the Fed doing today?

What assets has the Fed bought since then and who is it doling out money to now? The answer to these questions will remain unanswered unless Congress passes Paul and Massie’s Audit the Fed bill this session.

Allowing the Fed to rapidly inflate the money supply and secretly give out loans to foreign entities without congressional oversight is stupid policy. It has destroyed 95 percent of the dollar’s purchasing power, all for the purpose of helping the president and his favored Fed officials retain political power.

Let’s hope that President Trump, who has promised to “drain the swamp,” sees through the light of Mnuchin’s talking points and prioritizes the passage of this bill. The economy can’t be made “great again” without doing so.

Tommy Behnke (@Tommy_Behnke) is a former communications staffer for Sen. Rand Paul. His commentary on fiscal and monetary policy has been highlighted in Zero Hedge, Business Insider, the Mises Institute, Washington Examiner, Conservative Review, and the Daily Caller.
Nailed it again, Eagle, unfortunately too much inf... (show quote)

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Feb 20, 2017 10:07:26   #
Bevos
 
straightUp wrote:
Oh, I see... So when I ask a right-wing retard for an explanation the most I can hope for is one exclamatory sentence in upper case. So, why did we fight WW2? Answer: "JAPS!!! How does a phone work? Answer: "TECHNOLOGY for ONE!!!"

... got it ;)


I didn't figure you could HANDLE more than one subject at a time!!

Reply
 
 
Feb 20, 2017 10:26:47   #
eagleye13 Loc: Fl
 
eagleye13 wrote:
good post LJ; but one point;
I think you put the cart before the horse here;
"The Federal Reserve has become nothing more than another arm of the executive branch, responding to the beck-and-calls of the president."

The borrower is servant to the lender.
It has been a partnership though; both the FED and the government have been fleecing the working class.

"Let’s hope that President Trump, who has promised to “drain the swamp,” sees through the light of Mnuchin’s talking points and prioritizes the passage of this bill. The economy can’t be made “great again” without doing so." - amen
good post LJ; but one point; br I think you put th... (show quote)


BTW; Trump does know the power of the Banksters. They could use their wealth/stock positions to collapse the economy, and using the MSM to blame him.

The sheeple need to know who and what Trump is going up against.

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Feb 20, 2017 10:36:47   #
Big Bass
 
Docadhoc wrote:
Next he will outlaw racist liars.

Sucks to be you Sally.




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Feb 20, 2017 10:58:15   #
eagleye13 Loc: Fl
 
straightUp wrote:
Well, I never said that bureau is in control of the Fed - I said it was set up to be funded by the Fed. And yes, many of the key players in the Fed *do* make more money than the lawmakers in Congress. (I always thought it was the communists that have a problem with the money people make.)

In case you didn't know, this isn't a clear-cut issue for me. I have always been suspicious of watch dogs assigned to watch their own kind. So I'm not entirely against the idea of pulling the bureau into the fold of government control, but what concerns me is that the Republicans are currently in control of the government... They already have a well-known history of helping the 1% at the expense of the 99% and with respect to this particular issue, the language very clearly enforces that reputation.

Why not just take it over? What's the point of reducing it's power, if not to allow predatory business practices again? What's the point in "repealing" the complaint system if not to silence the American consumers?

Honestly... I'm listening Archie... Please tell me how taking away our protection from predatory business practices helps us. Please explain to me how we will be better off without the ability to even complain when we get screwed.

Please don't just call me a libturd, or a dickhead like some of the other's here - that doesn't serve any purpose (I don't even get offended). Think about what I'm asking and if you have a real answer... I really would like you to share it.
Well, I never said that bureau is in control of th... (show quote)


"Honestly... I'm listening Archie... Please tell me how taking away our protection from predatory business practices helps us. Please explain to me how we will be better off without the ability to even complain when we get screwed." - straightUp

If you are really concerned about "predatory business practices"; Then you should be concerned with what the private Federal Reserve banking System has been doing since 1913.
Quits a con job.

Reply
Feb 20, 2017 15:25:12   #
Progressive One
 
Tribes look to Trump to save their coal plant
The free market, and not regulations, has doomed the Navajo Generating Station.
By Evan Halper
WASHINGTON — On Navajo Nation territory near Page, Ariz., news about plans to shutter a hulking coal plant that has been the workhorse of the struggling local economy for decades came like a punch to the gut.
Now tribes and plant workers are demanding relief from the person who vowed to end these kinds of devastating announcements — Donald Trump.
The plight of this community in northern Arizona will put Trump’s vision for a coal industry resurgence to its first major test, and lay bare the extent to which the new administration will go to preserve coal country jobs.
The impending closure, announced last week, also highlights the limitations of Trump’s blueprint for saving coal, as none of the easy solutions, such as cutting environmental regulations, will be enough to rescue the Navajo Generating Station, which is failing because of free-market competition from cheaper natural gas.
It is the largest — and most environmentally disruptive — coal plant in the West. If the switch is turned off as planned in 2019, the Navajo Nation will lose more than a third of its yearly revenue. The sovereign Hopi tribe located on land inside the Navajo borders is threatened with even greater financial peril: It gets 80% of its money from royalties related to the coal operation. Hundreds of prized mining and plant jobs would evaporate in a community where decent employment is scarce.
The sting would ripple out to Page, Flagstaff and even Phoenix, where the coal plant’s supply chain and the power it generates have been a bedrock for the arid Southwest’s growth since the Nixon administration, powering the delivery of trillions of gallons of water to cities and farms. The plant’s interconnectedness to the Western power grid is moving some conservatives to argue the threatened closure gives the administration an opening to target some of the green-power mandates reviled by conservatives in nearby California, which affect the market for the entire region.
This closure wasn’t supposed to happen. Even the coal-wary Obama White House had signed off on a plan to enable the plant to keep running until 2044. Now the only thing local leaders have to hang on to are the coal-related campaign promises of Trump, who recently invited television cameras and some hard-hat-wearing miners into the Oval Office to tout all he is doing for the industry.
“This administration said that it will be 100% behind the coal industry,” said Navajo Nation President Russell Begaye. “This is the first opportunity to live up to that statement President Trump made to the American public.”
But like so many other troubled coal plants, the Navajo Generating Station presents a conundrum for the new administration. Trump’s plans to come to the rescue of the coal industry have done nothing to pause the Arizona operation’s march to mothballs by the utilities that own it. The environmental rules that Trump denounces as the culprit for the rapid decline of coal are not the problem in Arizona — even at this plant that releases more greenhouse gases than almost any other in the country. The problem is old-fashioned competition.
“The bottom line is there is not much Trump can do here,” said Kevin Book, an analyst at ClearView Energy Partners. “There is no obvious lever for him to pull.” The Arizona and Nevada utilities that own the plant say they have done the math every which way and reach the same conclusion each time: Replacing the coal energy with mostly natural gas would lower their costs by millions of dollars each year. The Los Angeles Department of Water and Power had also been a part owner of the plant, but sold its stake last year in connection with city and state efforts to reduce greenhouse gas emissions.
“The utility owners do not take this decision lightly,” said a statement from Mike Hummel at the Salt River Project, operator of the plant, which since the 1970s has powered the delivery of 1.5 million acre-feet of water from the Colorado River essential to sustaining a large swath of Arizona. He nodded to the coal plant’s historical role in the growth of the Southwest, but said his utility and the others can’t afford to keep it going in this era of cheap and plentiful natural gas.
It all puts the Trump administration in an uncomfortable place. The political fallout from the closure of the plant would be magnified by the fact that the federal government is among its owners. The Bureau of Reclamation was a driving force behind pushing for the construction of the plant in the 1960s, when it was essential to the architecture of Arizona’s massive water project. The bureau still owns its 24% share of the Navajo Generating Station.
To keep it running into the future, the Trump administration would need to do something radical. Scrapping environmental rules alone won’t cut it. Tribal leaders suggest a de facto bailout in the form of subsidies and tax exemptions — or even the Bureau of Reclamation taking full control of the plant and having the government run the whole operation. They are the kind of solutions that make conservatives bristle, even those crusading for the coal industry.
The bureau is committing only to a meeting in Washington next month, where the plant owners, the tribes and federal officials can mull over options. “We need to see what the economics of this situation are and find a pathway forward that works,” said Dan DuBray, a spokesman for the bureau. “Everything potentially would be on the table.”
Few in the energy industry are betting on the plant staying open. It wasn’t long ago that coal power accounted for more than half the nation’s electricity. Now it is a third. The decline is no longer driven by strict environmental rules but a market in which natural gas is often cheaper, and many utilities are swapping their coal power for renewables to meet state mandates requiring solar and wind be in their mix.
Even those big players in coal who celebrated the Oval Office event Thursday, where Trump infuriated environmentalists by eliminating clean water protections the coal industry warned threatened thousands of mining jobs, are skeptical of how much Trump can do to save plants like the one in Arizona.
“We built an infrastructure to serve a much bigger market share than we have now,” said Luke Popovich, spokesman for the National Mining Assn. “It means the less efficient capacity is going to be downsized.”
As is often the case with such electricity struggles in the West, some allies of traditional energy sources lay blame on California. They point to state law that restricts importing coal energy and suggest it has skewed the entire market of the West, which is intertwined with the state through the region’s massive power grid. “California ends up mandating energy policy for about 85 million people in 14 states and three countries,” said former California Assemblyman Chuck DeVore, now a vice president at the conservative Texas Public Policy Foundation.
He envisions the Trump administration trying to save the Navajo Generating Station by challenging the California mandates in federal court as an affront to interstate commerce, and in regulatory proceedings as a burden on the interstate power grid. But other energy analysts don’t see that happening. It would be too heavy a policy lift, too disruptive to a broader electricity industry that has already adapted to meet California’s rules, and too likely to get slapped down by the courts, they say.
Back in Arizona, Navajo leaders are desperate. They talk about the plant’s fate not as a matter of market forces and the evolution of energy sources, but as a betrayal by the utilities that are walking away after making a windfall off tribal coal and tribal labor for decades. They warn that if Trump, after all his promises to bring back coal, does not fix this, he will have betrayed them too.
evan.halper@latimes.com
Twitter: @evanhalper

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Feb 20, 2017 15:26:19   #
Progressive One
 
Even the coal-wary Obama White House had signed off on a plan to enable the plant to keep running until 2044. Now the only thing local leaders have to hang on to are the coal-related campaign promises of Trump, who recently invited television cameras and some hard-hat-wearing miners into the Oval Office to tout all he is doing for the industry.
“This administration said that it will be 100% behind the coal industry,” said Navajo Nation President Russell Begaye. “This is the first opportunity to live up to that statement President Trump made to the American public.”

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Feb 20, 2017 20:08:07   #
eagleye13 Loc: Fl
 
This is a public service announcement:
Made possible by Prog1;
Whining Crying Rioting - Hillary Millennial Theme Song
https://youtu.be/aVlHZh5dvbA

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Feb 20, 2017 21:40:50   #
straightUp Loc: California
 
eagleye13 wrote:
straight Up; be cognizant of who you align with.

Berkley rioters Screaming - “No Nazis!”
Will liberals allow the Left to ruin their party, using communist tactics?

Assuming "their party" means, the Democratic Party, no. The liberals in the Democratic Party are overwhelmingly progressive. You would have to take a really big step over the crowd of progressive liberals to get to the communists over in the corner.

And, what are you calling communist tactics, anyway?

eagleye13 wrote:

Why do liberals align with the likes of a Billionaire elitist like George "Giorgi" Soros?

We never talk about him. The only time I ever hear about Soros is when you guys are fuming about him. Am I "aligned" with him? Shit, I don't know enough about him to say.

eagleye13 wrote:

The Left has no room for Free Speech, or debate.
They can’t stand up to it.

hate, hate, hate... zzz

eagleye13 wrote:

Useful idiots being paid and used by Nazi collaborator, George Soros.
This is an expose and denouncement of George Soros.
10 Things You Didn't Know about George Soros
https://youtu.be/tfBHYxEojZk
SOROS ROTHSCHILD RACE WAR PROPAGANDA EXPOSED
https://youtu.be/lhqqz3QFQKE
George Soros: Evil Puppet Master Exposed
https://youtu.be/1eRFTHD2CTg
Anyone who cares to have organized rioting and Soros exposed, should copy and share this.

bread and circuses.
they got you real good.

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Feb 20, 2017 22:06:57   #
Progressive One
 
I'm with you....I don't really relate to the Soros thing and what has their panties in a bunch...especially eagle...the Soros disciple.............

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