tashoya
Blue & Gray (over 10,000 posts)
Posts: 12,319
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Post by tashoya on Sept 11, 2019 12:32:57 GMT -5
There are a lot of things the American public needs to know. Chairman Powell needs to be asked under oath what conversations he has with the Chinese, Japanese and European central banks, what data that is not public, the Fed is using in making its decisions, what is the strategy with the Fed balance sheet, why does the US Treasury not issue very long term bonds to take advantage of the current low interest rates (Mnuchin should be called as well) etc. With the visibility of all the these issues, Chairman Powell can no longer sit silent. I have an open mind-maybe Powell convinces us that the current FED policy is correct. But we, the American people, with this policy dispute elevated as it is, need to know. We, the American people, have a need to know the profile of President Trump's personal finances. We didn't get that. First things first.
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hoyarooter
Blue & Gray (over 10,000 posts)
Posts: 10,197
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Post by hoyarooter on Sept 11, 2019 19:26:19 GMT -5
There are a lot of things the American public needs to know. Chairman Powell needs to be asked under oath what conversations he has with the Chinese, Japanese and European central banks, what data that is not public, the Fed is using in making its decisions, what is the strategy with the Fed balance sheet, why does the US Treasury not issue very long term bonds to take advantage of the current low interest rates (Mnuchin should be called as well) etc. With the visibility of all the these issues, Chairman Powell can no longer sit silent. I have an open mind-maybe Powell convinces us that the current FED policy is correct. But we, the American people, with this policy dispute elevated as it is, need to know. We, the American people, have a need to know the profile of President Trump's personal finances. We didn't get that. First things first. I was going to click a "like" on this, but then it occurred to me that, while it would be nice to see Trump's tax returns, we already know with certainty that he violates the emoluments clause on pretty much a daily basis, that he has abjectly failed in his promise (which he clearly never intended to keep) to separate his actions as President from his personal finances, that he has an advanced degree in graft and providing "favors" in exchange for personal business advancement, and oh so much more. It boggles the mind that he can get away with all of this crap.
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tashoya
Blue & Gray (over 10,000 posts)
Posts: 12,319
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Post by tashoya on Sept 11, 2019 19:36:34 GMT -5
We, the American people, have a need to know the profile of President Trump's personal finances. We didn't get that. First things first. I was going to click a "like" on this, but then it occurred to me that, while it would be nice to see Trump's tax returns, we already know with certainty that he violates the emoluments clause on pretty much a daily basis, that he has abjectly failed in his promise (which he clearly never intended to keep) to separate his actions as President from his personal finances, that he has an advanced degree in graft and providing "favors" in exchange for personal business advancement, and oh so much more. It boggles the mind that he can get away with all of this crap. All true. Yet, we still don't know how he secured very sketchy loans and from whom.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Sept 27, 2019 16:07:45 GMT -5
Let's not forget that in addition to being wildly corrupt and lawless Trump cut taxes on the rich and raised them on the middle class..
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njhoya78
Platinum Hoya (over 5000 posts)
Posts: 7,766
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Post by njhoya78 on Sept 27, 2019 16:19:26 GMT -5
Let's not forget that in addition to being wildly corrupt and lawless Trump cut taxes on the rich and raised them on the middle class.. Hold on. You mean that in addition to Mexico not building the wall, China isn't paying the tariffs? Next thing you'll be telling me that climate change is a hoax.
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Deleted
Deleted Member
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Post by Deleted on Dec 28, 2019 15:32:18 GMT -5
President Donald Trump’s strategy to use import tariffs to protect and boost U.S. manufacturers backfired and led to job losses and higher prices, according to a Federal Reserve study released this week.
“We find that the 2018 tariffs are associated with relative reductions in manufacturing employment and relative increases in producer prices,” concluded Fed economists Aaron Flaaen and Justin Pierce, in an academic paper.
While the tariffs did reduce competition for some industries in the domestic U.S. market, this was more than offset by the effects of rising input costs and retaliatory tariffs, the study found.
“While the longer-term effects of the tariffs may differ from those that we estimate here, the results indicate that the tariffs, thus far, have not led to increased activity in the U.S. manufacturing sector,” the study said.
Tit-for-tat trade retaliation is an idea best relegated to the past, given the presence of globally interconnected supply chains, the Fed researchers found.
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Deleted
Deleted Member
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Post by Deleted on Jan 3, 2020 14:36:12 GMT -5
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