patrick.net

APOCALYPSEFUCK_is_ADORABLE says

Thanks Obama!

😂 you voted for him not once, but twice, from California, no less

It will be the Republican's FAULT.
The buck stops there.
They wanted the job. They get the consequences.
Democrats can say:Remember 8 years of Republican partisanship.
Let's see how you like taking on all the responsibility.

This is my main fear, actually.

Not early next year of course, that's just typical rightwing paranoiac bullshit.

Just the slow drip-drip-drip accumulation of social spending cuts by Congress, more police state brutality and domestic militarization, anti-worker and anti-minority decisions by conservative judges and administration apparatchiks -- all this over the next 4 to 8 years is going to push more and more "lower quintile" people into an angry zone of being, especially as the top 5 - 10% of the population continues to get richer and richer, leaving the rest of us behind (as of 2013 you needed ~$130,000/year household income to be in the top 10%).

This is the happy place for conservatives of course, more crime, more unhappiness, more poverty, more guns, more social strife -- mean the mass of white middle class will want to join the "alt-right" worldview and start kicking down more, more than the punching up it did during the New Deal age.

Get your shit in order.

Next economic collapse has already begun in China, Brazil & EU, will spread to Japan, Australia, South Korea, the Asian Tigers and then the U.S.

Trump will be blamed in the U.S. There will be Republicans in the House & Senate who will stab Trump in the back and scapegoat him, even though 2008 recession/depression never ended, and was delayed and made worse by 740% increase in Federal Reserve's balance sheet (800 billion in 2007 to just under 5 trillion today) and doubling of Federal Government's debt from 11.7 trillion in 2008 to nearly 2w trillion now.

freespeechforever says

and was delayed and made worse by 740% increase in Federal Reserve's balance sheet (800 billion in 2007 to just under 5 trillion today)

$4.2T actually.

https://fred.stlouisfed.org/graph/?g=cdU3

Question: if the Fed had $2T or $12T on its balance sheet, what difference would it make?

Stronger dollar or weaker dollar?

Which would most people here in the US benefit more from?

Trump accuses others of running too weak a currency, but his supporters accuse the Fed of weakening ours.

Just a little Cognitive Dissonance fer ya.

freespeechforever says

and doubling of Federal Government's debt from 11.7 trillion in 2008 to nearly 2w trillion now.

and yet, thanks to the collapse in interest rates, our interest burden hasn't been lower since Ike.

https://fred.stlouisfed.org/graph/?g=cdUI

Do you speak Japanese? I speak Japanese.

10 year T up ~ 67% in less than three months

Where do rates go next?

Question: if the Fed had $2T or $12T on its balance sheet, what difference would it make?

--------------

Good question, I don't know the answer

What difference would it make?

Would it matter how it got there?

Ask Hillary. She knows that one...

Bellingham Bill says

Question: if the Fed had $2T or $12T on its balance sheet, what difference would it make?

Bellingham Bill says

anti-minority decisions by conservative judges and administration apparatchiks

Really? What the hell kind of "anti-minority" decisions have been made by conservative judges?? White guilty much?

The last several years have been moreso racist against Whites.

Yes it's terrible what they've done to the whites lol

errc says

Yes it's terrible what they've done to the whites lol

Affirmative Action. Media and societal demonization of Whites. Try that with Blacks and see what happens.

It's beyond time Blacks checked all those privileges at the door

It's not fair to whites

errc says

It's beyond time Blacks checked all those privileges at the door

Dare I say "Black Privilege"?

We missed our chance at a really nasty recession when Hillary lost the election.
I know how sad that makes our local Leftists who secretly pray to Cthulhu for world destruction.
Stock yams if you want, but we got eight years of good times coming down the pipe.

We shall see. You're no soothsayer. And I'm just making an educated guess.

Almost everyone things that this was it for interest rates. Hahaha! I learned long time ago that conventional visdom is always wrong.

Also forgotten is Clinton's war on teachers in Arkansas (who probably have the shittiest deal in the entire country). Hillary used to be booed as Arkansas' first lady.

https://www.washingtonpost.com/news/powerpost/wp/2015/11/20/the-daily-202-why-teacher-unions-hated-hillary-clinton-when-she-was-arkansas-first-lady/?utm_term=.bf079e15ef3b

And of course she worked for the premier anti-union law firm in the Midwest, Rose Law. And was a board member at Walmart, pushing recycling cardboard when Walmart began slashing wages and was at peak "don't promote women into management" phase.

The choice was between a wildcard and a proven Blairtard Establishment Shill.

Bellingham Bill says

Do you speak Japanese? I speak Japanese.

You think our economy will be like Japan's? Doesn't sound so bad. I've been to Japan and the place seemed to be doing pretty well. And we don't quite have their demographic problem.

freespeechforever,
I don't disagree.
There's a Black Swan in the shadows that will bring the house of cards down.
What makes you think that SHTF in 90 days?
The PTB have been able to keep the FUBAR continuing since 2008.
How can a collapse not happen when they are out of ammo?
I can see everything being done to maintain the misdirection,smoke & mirrors
and CAPITALIST PROPAGANDA.

Print more VIRTUAL FIAT CURRENCY!

Earth to Thunderlips: Hillary is ancient history, so time to move beyond comparing what Trump may be with what Hillary may have been.

Everyone knows Hillary sucks. It is of no consequence. What we're about to find out, is how Trump is in action.

Yam soup, Yam jelly, fried Yams, Yams on toast, Yams with twirly scraps of shaved face, creamed Yams, napalm fried Yams, barbed wire whipped Yams. That Cannibal Anarchy Yam cook book is going to come in handy now.

Any regrets yet?

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Nope, I voted for Bernie. I sleep like a baby at night

So Thunder--

I'll ask you the same question. Looking at the voting results above, which party is the party of free trade?

Hint: One party voted 60% against NAFTA. One party voted overwhelmingly 75% in favor of NAFTA./p>