News: Registration requires "verification" before you are allowed to post.  Be sure to check your "spam" folder to make sure that you receive the verification link.  The e-mail should come from "Onnidan Fan Forum" with the return address ->

Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Topics - Olde Hornet

Pages: [1] 2 3 ... 150
Hey, Fed, cutting interest rates more will hurt, not help the economy

Hey Federal Reserve Board: Pay attention! Everyone fears the “inverted yield curve” – where short-term interest rates exceed long-term rates. So you contemplate cutting short-term rates. OK, but you’re ignoring bigger basics. Dump all those bonds you idiotically bought under your ill-conceived “Quantitative dis-Easing” (QE) programs. Get real.

You should worry about an inverted curve. Why? Banking’s core business has always been borrowing at short-term rates to fund long-term loans. The higher long rates are above short rates, then the more profitable future lending is.  So, then, banks become more eager to lend, they loan more – and to customers who need the loans more. No spread. Fewer loans.

So, many pundits urge cutting short rates. That’s understandable! Convention claims lower prices spur demand. If you cut the price of borrowing – shouldn’t you get more of it? 


The Republican pollster Frank Luntz told "Business Insider Today" that candidates in the 2020 presidential election were on track to spend $2 billion on trying to sway a fraction of the US population.
Luntz said the 6% of voters he described as "truly undecided" were the greatest hurdle to campaigns for 2020 hopefuls.
The slice Luntz thinks candidates will be spending big on has "never been that small," he said.
Visit Business Insider's homepage for more stories.
The Republican pollster Frank Luntz told "Business Insider Today" that candidates in the 2020 presidential election were on track to spend $2 billion on trying to sway a fraction of the US population.

Luntz said the 6% of voters he described as "truly undecided" were the greatest hurdle to campaigns for 2020 hopefuls.

"If you're that undecided now when everybody else has made up their minds, it's going to be very hard to move you," Luntz said. "All this money and all this time and all this effort is going to be spent on 6% of the country."

General Discussion Forum / The rich are getting richer under Trump
« on: September 12, 2019, 04:39:15 PM »

President Trump came into office promising to look after "the forgotten man," but who really has benefited? CNN's Jon Sarlin looks into how wages give an insight into who's winning in the Trump economy.

Israel accused of planting mysterious spy devices near the White House

But unlike most other occasions when flagrant incidents of foreign spying have been discovered on American soil, the Trump administration did not rebuke the Israeli government, and there were no consequences for Israel’s behavior, one of the former officials said.

The miniature surveillance devices, colloquially known as “StingRays,” mimic regular cell towers to fool cell phones into giving them their locations and identity information. Formally called international mobile subscriber identity-catchers or IMSI-catchers, they also can capture the contents of calls and data use.

The devices were likely intended to spy on President Donald Trump, one of the former officials said, as well as his top aides and closest associates -- though it’s not clear whether the Israeli efforts were successful.

MRBA - agent orange's new cap - Make Rivers Burn Again  :lmao:

The sad part of this move is that the poor % rural america will be impacted the most.   :crazy:  they are not smart enough to see it.

WASHINGTON — The Trump administration on Thursday is expected to complete the legal repeal of a major Obama-era clean water regulation, which had placed limits on polluting chemicals that could be used near streams, wetlands and water bodies.

The rollback of the 2015 measure, known as the Waters of the United States rule, has been widely expected since the early days of the Trump administration, when President Trump signed an executive order directing federal agencies to begin the work of repealing and replacing it.

Weakening the Obama-era water rule had been a central campaign pledge for Mr. Trump, who characterized it as a federal land-grab that impinged on the rights of farmers, rural landowners and real estate developers to use their property as they see fit.

Environmentalists say Mr. Trump’s push to loosen clean-water regulations represents an assault on the nation’s streams and wetlands at a moment when Mr. Trump has repeatedly declared his commitment to “crystal-clean water.”


Jerry Springer: President Trump 'took my show and brought it to the White House' .  :lmao:

Jerry Springer is annoyed with President Donald Trump.

The "Judge Jerry" host, 75, said the Twitter name-calling and tabloid-like news of Trump's administration were influenced by his long-running talk show, "The Jerry Springer Show."

"The thing that annoys me about Trump is that he took my show and brought it to the White House," Springer said Monday during an interview with Build Series. "I’m annoyed. I should get paid for that, shouldn’t I? Hey, get your own show!"

He continued: "We get what we voted for, or didn't vote for because we didn't show up. And that's true of the White House and it's true about entertainment shows. It's why what we call reality television is so prominent."

Springer – who dabbled in politics himself after unsuccessfully running for Congress in 1970 and serving as mayor of Cincinnati from 1977 to 1978 – added that he would "vote for a ham sandwich" over Trump. "And I don't eat pork," he joked.

Bad policy - but the feds are following agent orange's lead.   :no: :nono2: :o

Trump wants Fed to cut interest rates to zero or below. Here's what it could mean for you.

When might the Fed reduce its benchmark rate to around zero?

The central bank almost certainly would not take such a step in the short term. Fed Chairman Jerome Powell has said the U.S. economy is performing well and the Fed’s key rate is well above zero at a range of 2% to 2.25%. But Powell and other Fed officials are worried about risks that could derail the record 10-year-old economic expansion, such as Trump’s trade war with China and a slowdown in global growth.

As a result, the Fed is expected to continue to gradually trim the rate to spur more borrowing and economic activity, with markets expecting five more quarter-point cuts by early 2021, according to Bank of America Merrill Lynch. That would leave just three more decreases to get to zero, suggesting it could happen in 2021.

Politics / House Republicans escaped disaster in North Carolina, but...
« on: September 11, 2019, 12:18:29 PM »
House Republicans escaped disaster in North Carolina, but...

(CNN)On Tuesday night, Republicans escaped a cataclysm.

Republican Dan Bishop beat Democrat Dan McCready in a special election in North Carolina's 9th District, an outcome that, given the clear Republican lean of the suburban Charlotte district, should have been a lay-up for the GOP. Bishop won by 2 points after both national parties spent more than $10 million in the district.

That Bishop won -- whether by two votes, 2 points or 20 points -- averts what would have been an absolute panic within the GOP conference had he come up short. Politics is, at its essence, about winning and losing -- and when you have a party coming off as sweeping a defeat as House Republicans suffered in 2018, it's always a good thing to wind up on the victorious side of the ledger.
But it is also true that Bishop's victory -- and the way in which it was achieved -- should still be read as a warning sign for a party that is dealing with a very unpopular President and a decidedly unsettled political environment. Consider:
1) President Donald Trump won this seat by 12 points in 2016. Mitt Romney won it by 10. A Democrat hasn't represented this area in Congress since the 1960s.
2) There are 34 seats currently held by Republican incumbents where Trump won by less in 2016 than he did in North Carolina's 9th.
3) National Republicans will not be able to spend multiple millions next November to save every seat with the political profile of the North Carolina seat.
"To be clear: a ~2% Bishop (R) victory in #NC09, a district that voted for Trump by 12%, is still bad news for the House GOP overall," tweeted David Wasserman, the House editor for the non-partisan political handicapping site the Cook Report. "It won't do anything to convince House Rs undecided about seeking reelection in 2020 that they're in position to win back the majority."

Now you know why he loves agent orange

'Hypocrite' Jerry Falwell Jr. Slammed As New Miami Party Pics Surface

Evangelical leader Jerry Falwell Jr., the head of Liberty University and a prominent supporter of President Donald Trump, denied the explosive allegations made in a Politico story that dropped this week. He also claimed to be the victim of an “attempted coup” at the university.

But at least one of Falwell’s denials is already falling apart. He denied being on the Miami party scene at the Wall club in 2014.

“There was no picture snapped of me at Wall nightclub or any other nightclub,” Falwell said, and claimed any image showing as much was “photo-shopped.”

Politico posted the images on its website. Then, after Falwell’s “photo-shop” accusation, the agency that provided the pics stepped in.

“For 21 years, I have maintained an impeccable reputation for documenting Miami Beach’s storied social scene,” wrote Seth Browarnik, founder of the World Red Eye photo agency.

Browarnik said he initially didn’t know why Politico was interested in buying one of his 2014 images. When Browarnik learned that it was because Falwell was one of the partiers ― and that the evangelical leader had claimed it was a fake ― he searched his archives and located more pictures of Falwell and his son, Trey Falwell, then posted the images on his website.

President revives claim he was at ground zero after 9/11 despite fire chief saying he was 'never' there

Trump news - live: President revives claim he was at ground zero after 9/11 despite fire chief saying he was 'never' there

Donald Trump followed a tweet paying respects to those killed in 9/11 on the 18th anniversary of the terror attack mere moments later with a fresh assault on Jerome Powell of the Federal Reserve, calling the economist a “bonehead” and raising questions about the sincerity of his memorial message.

The president's decision to appoint Charles Kupperman as his acting national security adviser, replacing the outgoing John Bolton, has come under fire after it emerged he has long-running ties to the Centre for Security Policy, an anti-Muslim think tank.

AOC: 'I want to see every Republican go on the record and knowingly vote against impeachment'

With Congress returning to work after the August recess, some House Democrats are renewing their call to begin impeachment proceedings — even if just to get Republicans on the record voting in support of President Trump.

“We have to do our job,” said Rep. Alexandria Ocasio-Cortez, D-N.Y., on Tuesday. “Once the House impeaches, the House has impeached the president and then that hearing goes to the Senate. If they want to fail it, then I want to see every Republican go on the record and knowingly vote against impeachment of this president, knowing his corruption, having it on the record so that they can have that stain on their careers for the rest of their lives because this is outrageous to protect the amount of lawlessness and corruption coming out of this presidency.

“This president will not last,” added Ocasio-Cortez, “whether he’s voted out next year or whether he serves another term, this president will not last, but those members in the Senate need to carry that legacy and they need to go to bat for what they’re doing. The corruption of this president knows no bounds, and in order to protect our democracy we have to impeach him.”

Trump isn’t accepting the possibility gracefully. “To me it’s a dirty word, the word ‘impeach,’” he said in May. “A dirty, filthy, disgusting word.”

Meghan McCain Lashes Trump: You’re OK With Inviting the Taliban but Not Hurricane Refugees .  :clap:

The women of The View on Tuesday tore into President Donald Trump for rejecting over a hundred Bahamian survivors of Hurricane Dorian, with conservative co-host Meghan McCain taking the president to task for inviting the Taliban to Camp David but refusing entry into the United States for refugees of a natural disaster.

After more than one-hundred evacuees were forced off a ferry heading to Florida because they didn’t have visas, acting Customs and Border Protection chief Mark Morgan reassured hurricane survivors that they would be allowed to enter the United States, claiming there was just “some confusion” in the aftermath of the devastating storm that nearly wiped out the islands.

Trump, however, saw things differently, claiming America needed to be extra careful with who it allows in from the Bahamas.

“I don’t want to allow people that weren’t supposed to be in the Bahamas to come into the United States including some very bad people and some very bad gang members and some very, very bad drug dealers,” he said to reporters on Monday.

“You know, this is a guy who has the Taliban—he’s going to have a big meeting with the Taliban,” liberal co-host Joy Behar exclaimed. “He loves Kim Jong-Un and Putin, and yet these people who are fleeing a hurricane are suddenly criminals. He’s so despicable. He makes my head stand up—my hair. I can’t stand him!”

Politics / Order! John Bercow bows out of Brexit drama
« on: September 10, 2019, 01:05:42 PM »
I will miss him!   :clap: :nod:   :popcorn:

MPs’ ‘bastion’ or ‘objectionable’ showoff. The larger-than-life Commons speaker divides opinion.

LONDON — It was when Emmanuel Macron asked Boris Johnson to pipe down at the G7 summit that it became apparent John Bercow has become an international celebrity.

"Order!" Macron said in a Gallic impersonation of the speaker of the House of Commons. "Order, Boris!"

Having enjoyed — for a speaker — hitherto unheard of levels of recognition thanks to his loud, long-winded, but occasionally game-changing chairing of the Commons' widely watched Brexit debates, Bercow announced on Monday he would be standing down on October 31.

To some MPs he is a hero of parliamentary democracy, to others a pompous self-promoter who has ridden roughshod over parliament's rules and allowed MPs to override the vote of the British people in the 2016 referendum.

But on his own terms, Bercow leaves on a high. As speaker — the (by convention) impartial chair of Commons proceedings — his personal mission since taking office in 2009 has been to put parliament at the center of British political decision-making after a period when, under Margaret Thatcher and then Tony Blair, it was often sidelined by powerful governments.

‘I Read the Article!’: Laura Ingraham’s Interview With Black NFL Star Ben Watson Backfires .  :snicker

Things didn’t go as planned for Fox News host Laura Ingraham at the end of a Monday night interview with New England Patriots tight end Ben Watson, causing the conservative primetime star to stumble when she realized her guest didn’t have the opinion she seemed to want of him.

Watson, who had just spent the majority of the segment defending New Orleans quarterback Drew Brees’ involvement with anti-LGBTQ group Focus on the Family, was then asked to react to Atlantic writer Jemele Hill’s call for elite black athletes to stop attending white-majority colleges—an article that has predictably sparked outrage on the right.

“When I saw the uproar over it, I read the article,” Watson told the Ingraham Angle host. “I agreed with her. She had some great points in that article there.”

The pro athlete went on to note Hill’s article argued that historically black colleges and universities have struggled to compete financially with majority-white institutions since integration, possibly contributing to the large wealth gap between white and black families.

“What she was saying was simply we are trying to pump money and revenue into some of these communities that are still big disparities,” Watson added. “This may be a way to do it. Obviously, that’s in a vacuum for other factors to figure into that but when you read her argument, she lays it out very cleanly and it’s actually something that I agree with.”

Ingraham, meanwhile, was caught by surprise, likely figuring Watson would be on the same page as her and react in disgust to Hill’s argument.

'We have to be very careful,' Trump warns of gangs entering US from Bahamas

The acting commissioner of U.S. Customs and Border Protection denied on Monday that people fleeing the devastation in the Bahamas in the aftermath of Hurricane Dorian have been turned away from the United States by his agency because they did not have proper documentation.   :no:

But soon after Morgan's news conference, his boss, President Donald Trump, seemed to contradict him by saying that anyone coming to the United States from the Bahamas will not be allowed into the country without proper documentation.

"We have to be very careful. Everybody needs totally proper documentation because, look, the Bahamas had some tremendous problems with people going to the Bahamas that weren't supposed to be there," Trump told reporters on the South Lawn of the White House before embarking on a trip to North Carolina, where he planned to tour areas hard hit by Dorian.   :nono2: :nono2: :nono2:

Pages: [1] 2 3 ... 150


Powered by EzPortal