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Thread: Trump runs his mouth- Dow drops almost 500 points

  1. #71
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    alexa's Avatar Banned
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    Quote Originally Posted by MisterVeritis View Post
    The Fed lowered rates and kept them flat during all of President obama's iron-fisted rule. During the first two Trump years the Fed raised rates... SEVEN times.


    The all-time low was 0.25%. That's effectively zero. The Fed lowered it to this level on December 17, 2008. It was the 10th rate cut in a little more than a year. The Fed didn't resume raising rates until December 2015.

    Before this, the lowest fed funds rate was 1% in 2003 to combat the 2001 recession. At the time, there were fears that the economy was drifting toward deflation.

    https://www.thebalance.com/fed-funds...s-lows-3306135

    The only recession signs are in your mind.
    So you blame Obama for the rate cuts under W?

    I don't remember Obama ever ranting about the Fed chairman like your Dear Leader does on a daily basis.

    You're a strange little man, but quite amusing.

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    he Fed lowered it to this level on December 17, 2008. It was the 10th rate cut in a little more than a year. The Fed didn't resume raising rates until December 2015.

    Quote Originally Posted by alexa View Post
    So you blame Obama for the rate cuts under W?

    I don't remember Obama ever ranting about the Fed chairman like your Dear Leader does on a daily basis.

    You're a strange little man, but quite amusing.
    I laughed. The FED cut rates and kept them at essentially zero for almost the entire Obama reign. Jan 2009 to Jan 2017.

    Powell has behaved against American interests.
    Call your state legislators and insist they approve the Article V convention of States to propose amendments.


    I pledge allegiance to the Constitution as written and understood by this nation's founders, and to the Republic it created, an indivisible union of sovereign States, with liberty and justice for all.

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    Quote Originally Posted by MisterVeritis View Post
    he Fed lowered it to this level on December 17, 2008. It was the 10th rate cut in a little more than a year. The Fed didn't resume raising rates until December 2015.


    I laughed. The FED cut rates and kept them at essentially zero for almost the entire Obama reign. Jan 2009 to Jan 2017.

    Powell has behaved against American interests.
    If Powell has acted against American interests, then Trump has acted against American interests by appointing him.

    You're not the brightest bulb in the sign, are you?

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    Quote Originally Posted by alexa View Post
    If Powell has acted against American interests, then Trump has acted against American interests by appointing him.

    You're not the brightest bulb in the sign, are you?
    Powell disappoints us. I regret that President Trump cannot simply fire him and put in someone who will support Americans over the Democrat Party.
    Call your state legislators and insist they approve the Article V convention of States to propose amendments.


    I pledge allegiance to the Constitution as written and understood by this nation's founders, and to the Republic it created, an indivisible union of sovereign States, with liberty and justice for all.

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    Quote Originally Posted by Peter1469 View Post
    The stock market is not the economy.
    Shhhh...

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    Quote Originally Posted by MisterVeritis View Post
    he Fed lowered it to this level on December 17, 2008. It was the 10th rate cut in a little more than a year. The Fed didn't resume raising rates until December 2015.


    I laughed. The FED cut rates and kept them at essentially zero for almost the entire Obama reign. Jan 2009 to Jan 2017.

    Powell has behaved against American interests.
    More like they were dead slow to raise them and now dead slow to lower them.
    When Donald Trump said to protest “peacefully”, he meant violence.

    When he told protesters to “go home”, he meant stay for an insurrection.

    And when he told Brad Raffensperger to implement “whatever the correct legal remedy is”, he meant fraud.

    War is peace.

    Freedom is slavery.

    Ignorance is strength.

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    Quote Originally Posted by alexa View Post
    At this point in the Obama administration, the Dow had risen 45% since his inauguration.

    The Dow has risen 29% since the Dear Leader enjoyed the largest crowd in the history of crowds at his inauguration.

    https://www.macrotrends.net/2481/sto...e-by-president
    And all of that increase was in the first 7 months or so. Flat with some peaks and valleys since then.
    People who think a movie about plastic dolls is trying to turn their kids gay or trans are now officially known as

    Barbie Q’s

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    Quote Originally Posted by MisterVeritis View Post
    The Fed lowered rates and kept them flat during all of President obama's iron-fisted rule. During the first two Trump years the Fed raised rates... SEVEN times.


    The all-time low was 0.25%. That's effectively zero. The Fed lowered it to this level on December 17, 2008. It was the 10th rate cut in a little more than a year. The Fed didn't resume raising rates until December 2015.

    Before this, the lowest fed funds rate was 1% in 2003 to combat the 2001 recession. At the time, there were fears that the economy was drifting toward deflation.

    https://www.thebalance.com/fed-funds...s-lows-3306135

    The only recession signs are in your mind.
    Your inability to confront reality is not my job to rectify.

    Have a nice day.
    People who think a movie about plastic dolls is trying to turn their kids gay or trans are now officially known as

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  9. #79
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    Quote Originally Posted by donttread View Post
    Do you deny that it is used as MEASURE of our economy?
    By stupid people, yes.
    Last edited by Peter1469; 08-24-2019 at 02:09 PM.
    ΜOΛΩΝ ΛΑΒΕ


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    donttread (08-24-2019),Jeb! (08-24-2019)

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    Quote Originally Posted by Tahuyaman View Post
    Again if today’s economic conditions were occurring during the Obama administration you’d be licking the streets clearing a path for him.
    Quote Originally Posted by Crepitus View Post
    No. The markets increased steadily during the Obama administration. They have been flat for most of tRump's. tRump's employment numbers pale beside Obama's. The bond market is inverting, trade deficits increasing instead of narrowing, signs of recession are everywhere and it is almost 100% tRump's fault.
    My comment was correct. You can’t dispute it.

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