woiyo
 
  0  
Wed 11 May, 2016 06:12 am
@Builder,
Cool Cool Cool Cool Cool Cool
0 Replies
 
engineer
 
  2  
Wed 11 May, 2016 06:19 am
@woiyo,
But to borrow the money to buy back the bonds means issuing more debt at a higher interest rate so no benefit.

Yes, Trump backpedaled and said he wasn't taking about default after he spoke about default, then he spoke about default again, then said (again) that that wasn't what he was talking about. This is who you want for President? I give Trump credit for being able to sell a terrible product to the public and make them think they are getting a deal, but you're not getting a deal here.
woiyo
 
  0  
Wed 11 May, 2016 12:30 pm
@engineer,
No, I do not want Trump for President. Yet I will never support Hillary. It is because of the lack of leadership from both parties, which Clinton is standing front and center, that created the opportunity for someone like Trump to actually be a candidate. MILLIONS of people agree with me as evidenced by his ability to knock off 16 "traditional" republican candidates.

Maybe we need someone like Trump to shack up the establishment. Electing Clinton will just continue the path this country has been going down the past 30 or so years.
engineer
 
  2  
Wed 11 May, 2016 12:54 pm
@woiyo,
OK, but what path is that? The last 30 years are not a consistent period of time. During the eight years of Clinton's presidency, we saw record job and economic growth and the country was very well regarded internationally. When Clinton left office, the US government was running a real, no kidding surplus. By the time President Obama came into office, we were on the edge of economic disaster after eight years of Bush financial mismanagement and the US was viewed as a loose cannon, starting wars and flying off the handle. Then President Obama (with very little help from Congress) has delivered seven years of economic growth and jobs. We are now back to full employment while still maintaining low inflation although we are just now starting to see wage growth. Our international reputation is somewhat repaired (although clearly just having Trump in the race is damaging the perception of our country.) Do you want more Clinton/Obama growth, jobs, prosperity or Bush on steroids which is what Trump is offering you?

I understand that the world has changed in the last 30 years and there have been winners and losers. If you are (or consider yourself) one of the losers, you might be angry or scared and Trump loves angry and scared people. He can move them with empty promises and vulgar speech, but there is nothing to Trump past the façade. He's not especially great at business, has no insights into international trade, has no plans to "make America great again." He can say it all he wants, but the emperor has no clothes.
Builder
 
  -1  
Thu 12 May, 2016 01:55 am
@parados,
Quote:
They certainly aren't giving the bond holders a lower amount than the value of the bonds which is what Trump proposed.


I think you've missed the point entirely, Parados, but the rest of the investment world hasn't. That's why the fed is playing this game with itself now. Nobody else wants in on the ponzi scheme.

Here's what Forbes' David Santschi had to say about the scam/scheme.

Quote:
Here is what happens, as I see it now. Every day, Federal Reserve traders are buying about $4 billion in long- term Treasurys and mortgage bonds from major trading houses. How does the Fed pay for those purchases? Simple. The Fed gives the seller a credit on their Federal Reserve statement. Remember, the Fed is a bank that can legally give away money. Meanwhile, the seller of bonds to the Fed can then withdraw some or all of that money, or leave it on deposit with the Fed.

In other words, the Fed doesn’t pay anyone anything. All the Fed does is in essence create new money to give the seller. So let us follow that newly created money. The major dealers who sell the bonds to the Fed can take that money and buy other bonds in the open market. The new seller then gets paid with that newly created money, which in the bank clearing system, acts just the same as money you and I work for.

Therefore, to make this really simple, the Fed creates $4 billion a day and eventually some of that money goes into equities. And that, of course, helps keep stock prices elevated. So it doesn’t matter that we are having major problems with the underlying economy and markets that normally would depress stock prices.


Article here/.

And this is why China wants solid assets, and is refusing to trade in US dollars now.
woiyo
 
  -1  
Thu 12 May, 2016 06:50 am
@engineer,
You forget that when Clinton was in office, the majority of the from was due to the tech or dot.com bubble, which is very similar to today's bubble. Bubbles burst and it sure did burst under Bush and there will likely be another bust in the next administration.

You will read today that the vast majority of cities have realized income reductions this century. Wanna blame Bush? Wanna blame Obama? Guess what, it is the system controlled by the 2 parties that is to blame and it is the fault of the people who keep voting in the same old retreads.

https://next.ft.com/content/695bfa18-1797-11e6-b197-a4af20d5575e
Quote:
The area around Denver, Colorado, has attracted more than 600,000 new people since the turn of the century and almost 40 per cent of the population now wield university degrees. But adjusted for inflation the median income for a household of three fell from almost $83,500 in 1999 to just under $76,000 in 2014.


So my point is regardless of being democrat or republican, both parties have the same agenda which is to selfishly retain power and control at the cost of the middle.

Something has to change and it is the system that has forced the people to actually look at someone like Trump to shack it up.

Clinton is just the next tired retread to keep the power where it is and take it away form the middle class majority.
0 Replies
 
parados
 
  4  
Thu 12 May, 2016 06:56 am
@Builder,
Quote:

I think you've missed the point entirely, Parados, but the rest of the investment world hasn't.

What point? That you don't know what you are talking about? I think I got that point quite well. You seemed to have missed it.

The Fed is NOT paying less than the value of any bond they buy. How they create the money is a completely different issue.
izzythepush
 
  2  
Thu 12 May, 2016 07:48 am
@woiyo,
woiyo wrote:
So the so called financial experts you may have said that are not experts, but Clinton supporters.


Leaving aside the nonsensical rambling nature of your sentence which would even put BillRM to shame, the main thrust of your argument makes no sense.

Financial experts don't exist in a vacuum, they live in the real world, they have to support someone. And seeing how it's now only a three, (realistically just two,) horse race, they're more likely to support Clinton.

The alternative is a loud mouth yahoo who only got where he is right now because he inherited a huge amount of money. And he didn't do very well with that. If he'd been born in a trailer park he'd now be living in a mega crappy trailer park.
woiyo
 
  0  
Thu 12 May, 2016 10:41 am
@izzythepush,
I too live in the real world and I am entitled to disagree with "financial experts" cited . I would expect there are financial experts who also disagree with that conclusion.

I understand you will only cite opinions that you agree with since you are not intelligent enough to understand there may be a alternative point of view.
izzythepush
 
  1  
Thu 12 May, 2016 11:35 am
@woiyo,
Whose opinion have I just cited? Not being as super intelligent as you I thought I was just giving my own opinion.

You're right, people do have different opinions. You have some pretty far out ideas about sentence construction for instance. It's not one you can take to the bank, but it's in good company with all the rest of them.
0 Replies
 
Builder
 
  1  
Thu 12 May, 2016 03:30 pm
@parados,
Quote:
How they create the money is a completely different issue.


Not to the rest of the planet. Your fed can create as much of this stuff as they like. I hope it's good to eat. They're rejecting your crops as well.

Not sure how this will pan out, but generally there's bombs and death involved.
Builder
 
  1  
Thu 12 May, 2016 04:14 pm
https://scontent-lax3-1.xx.fbcdn.net/v/t1.0-9/13177276_1096226267107655_8328297275923899869_n.jpg?oh=0d15ea472334c97f77d89fda5f9be62a&oe=579EE036
parados
 
  4  
Thu 12 May, 2016 07:54 pm
@Builder,
That damn Fed. Always bombing people. Drunk
Builder
 
  1  
Thu 12 May, 2016 10:24 pm
@parados,
http://www.coolgizmotoys.com/images/2011/06/article-1264092-081D0A9F000005DC-144_468x3392.jpg
glitterbag
 
  1  
Fri 13 May, 2016 12:03 am
@Builder,
Doctor my eyes have seen the years
And the slow parade of fears without crying
Now I want to understand
I have done all that I could
To see the evil and the good without hiding
You must help me If you can
,.

0 Replies
 
engineer
 
  1  
Fri 13 May, 2016 07:14 am
Quote:
Calling into "Fox & Friends," his final television hit of the morning, Trump was asked by co-host Brian Kilmeade about the response to his comment that his Muslim ban was "just a suggestion."

"Yeah. It was a suggestion. Look, anything I say right now, I'm not the president," Trump said. "Everything is a suggestion, no matter what you say, it's a suggestion."

No policies, just suggestions.
0 Replies
 
parados
 
  3  
Fri 13 May, 2016 07:19 am
@Builder,
What a lovely selfie you posted there, Builder.


How the Fed creates money doesn't really matter to the rest of the world. It might matter to some people but the majority could care less and it doesn't affect them at all. If you have an argument, present it. If you want to hide your head in the sand when someone shows you are wrong then keep posting those selfies.
0 Replies
 
bobsal u1553115
 
  2  
Fri 13 May, 2016 08:11 am
http://i1173.photobucket.com/albums/r589/duadmin/160512-trumps-tax-returns-explained_zpskqmk3xsz.jpg
0 Replies
 
bobsal u1553115
 
  2  
Fri 13 May, 2016 09:02 am
the Butler Did It

Last edited Fri May 13, 2016, 08:46 AM - Edit history (1)
Donald Trump's ex-butler calls for Obama to be killed
http://www.bbc.com/news/world-us-canada-36283242



Your "anti-establishment" candidate *has a butler*
Just to review: a white nationalist became a Trump delegate, his butler suggested Obama be hanged and David Duke offered to be VP this week

THE BUTLER DID IT
Trump’s Butler Hates ‘Negroes,’ Wanted to ‘Carpet Bomb’ Ferguson, Called ‘Killery’ Clinton a ‘C**t’******************


http://www.thedailybeast.com/articles/2016/05/12/trump-s-butler-hates-negroes-wanted-to-carpet-bomb-ferguson-called-killery-clinton-a-c-t.html


The former butler of stately Trump Manor is a racist, sexist nutjob who issues lurid Facebook fatwas calling for the death of President Obama for being a foreign-born “muzzy,” refers to black people as “negroes” in the manner of Cliven Bundy, suggests that American cities should be obliterated for ethnic cleansing purposes and calls future president Hillary Clinton a “****” who should be summarily lynched.

The fact that the man who used to play Alfred to Trump’s Batman is the distilled essence of the white nationalist element of every Trump rally ever held isn’t important news, apparently. It was reported, but as a sideshow item, as if it revealed nothing more about Trump except how hard it is to get good help these days. The story doesn’t appear above the fold at the moment at CNN, The New York Times or other major media outlets. (Imagine the screaming headlines and calls for congressional hearings that would result if the woman who scrubs Hillary Clinton’s toilets were revealed as a moon landing doubter.)

But let’s not pretend this has nothing to do with Trump. The butler did it, but Colonel Marmalade was seen in the conservatory with the crack pipe. So maybe some enterprising Beltway journalist could get a ******* clue and use this unfortunate butler incident as an opening to revisit the GOP nominee’s birther activities. Heretofore, when asked about birtherism by reporters, Trump says, “I don’t talk about that anymore.” What kind of lame-ass reporter lets an interview subject get away with that? (Cooper, Tapper, Blitzer, et al.)

Imagine if Hillary Clinton tried to deflect a question by airily proclaiming that she doesn’t talk about it anymore. She wouldn’t get away with it. The complaint here isn’t that there’s a double standard; of course there’s a double standard, which is why Trump can babble about Bill Clinton’s 25-year-old horn-dog behavior without having his own piggish history, which includes rape allegations, put under the media microscope. The bygones — they are gone by!




More:
https://www.balloon-juice.com/2016/05/13/it-wasnt-just-the-butler-who-did-it/
engineer
 
  3  
Fri 13 May, 2016 10:50 am
@bobsal u1553115,
Honestly, who cares that Trump's butler doesn't like the President?
 

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