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US Politics Mega-thread - Page 2944

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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
trulojucreathrma.com
Profile Blog Joined December 2015
United States327 Posts
Last Edited: 2016-02-17 16:03:50
February 17 2016 16:02 GMT
#58861
Cameron will save us from the financial sector. We only need Brexit, then all financial institutions leave London, then they can finally be regulated as there won't be an UK blocking any attempt to save us from financial armageddon.

Please, Cameron, do it!
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
Last Edited: 2016-02-17 16:08:15
February 17 2016 16:06 GMT
#58862
http://www.bloomberg.com/news/articles/2016-02-16/china-banks-seen-hiding-losses-in-opaque-receivables-accounts

lol been saying this for years. game is finally up it seems

Now the biggest risk is the sudden dry-up in liquidity caused by capital outflow and higher leverage
the financing chains are creaking
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
Plansix
Profile Blog Joined April 2011
United States60190 Posts
February 17 2016 16:11 GMT
#58863
On February 18 2016 00:39 Sbrubbles wrote:
I'm a bit confused on the technology. Would this thing the US government is asking Apple to do apply only to situations in which they have physical access to your phone or would it also compromise data remotely as well? The first one isn't that troubling compared to the second one.

The order seems to be specific to this one phone, but expect that the FBI want to do it for future iphones they are in physical possession of. But it was reviewed and approved by a judge. They already have the phone.

If they wanted a back door to a phone that was in use, I assume the process would be similar to a wire tap, with a lot of the same evidence requirements. This isn’t like the garbage mass data collection thing that the NSA was doing.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
ticklishmusic
Profile Blog Joined August 2011
United States15977 Posts
Last Edited: 2016-02-17 16:15:00
February 17 2016 16:13 GMT
#58864
On February 18 2016 01:06 oneofthem wrote:
http://www.bloomberg.com/news/articles/2016-02-16/china-banks-seen-hiding-losses-in-opaque-receivables-accounts

lol been saying this for years. game is finally up it seems

Show nested quote +
Now the biggest risk is the sudden dry-up in liquidity caused by capital outflow and higher leverage
the financing chains are creaking


was just explaining global economics 101 to my roommate and this popped up, lol.

debt is like cocaine, it makes the good times better and the bad times worse. when its bad you try to hide the fact you're an addict.

the question is, how much are the bad loans actually distributed throughout the world financial system?
(╯°□°)╯︵ ┻━┻
Doublemint
Profile Joined July 2011
Austria8760 Posts
February 17 2016 16:47 GMT
#58865
On February 18 2016 01:13 ticklishmusic wrote:
Show nested quote +
On February 18 2016 01:06 oneofthem wrote:
http://www.bloomberg.com/news/articles/2016-02-16/china-banks-seen-hiding-losses-in-opaque-receivables-accounts

lol been saying this for years. game is finally up it seems

Now the biggest risk is the sudden dry-up in liquidity caused by capital outflow and higher leverage
the financing chains are creaking


was just explaining global economics 101 to my roommate and this popped up, lol.

debt is like cocaine, it makes the good times better and the bad times worse. when its bad you try to hide the fact you're an addict.

the question is, how much are the bad loans actually distributed throughout the world financial system?


it's almost like they had a best practice model - until 2008.


...
Pride goeth before destruction, and an haughty spirit before the fall.
ticklishmusic
Profile Blog Joined August 2011
United States15977 Posts
February 17 2016 16:55 GMT
#58866
On February 18 2016 01:47 Doublemint wrote:
Show nested quote +
On February 18 2016 01:13 ticklishmusic wrote:
On February 18 2016 01:06 oneofthem wrote:
http://www.bloomberg.com/news/articles/2016-02-16/china-banks-seen-hiding-losses-in-opaque-receivables-accounts

lol been saying this for years. game is finally up it seems

Now the biggest risk is the sudden dry-up in liquidity caused by capital outflow and higher leverage
the financing chains are creaking


was just explaining global economics 101 to my roommate and this popped up, lol.

debt is like cocaine, it makes the good times better and the bad times worse. when its bad you try to hide the fact you're an addict.

the question is, how much are the bad loans actually distributed throughout the world financial system?


it's almost like they had a best practice model - until 2008.


...


call it naive and overly optimistic, but hopefully some people learned from 2008, saw the writing on the wall and pulled out. ive been worried for awhile, and the government pushing the stock market was a huge warning that they were looking for alternative returns somewhere already
(╯°□°)╯︵ ┻━┻
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
Last Edited: 2016-02-17 16:58:43
February 17 2016 16:55 GMT
#58867
government backed securities


in other news,
https://lettertosanders.wordpress.com/
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
KwarK
Profile Blog Joined July 2006
United States44288 Posts
February 17 2016 17:01 GMT
#58868
There's nothing Sanders is promising that doesn't exist in some shape in another first world country. This idea that it's impossible is American exceptionalism at its very worst.
ModeratorThe angels have the phone box
Deathstar
Profile Blog Joined May 2010
9150 Posts
February 17 2016 17:03 GMT
#58869
It's consistent with the "Sanders is too idealistic" meme that the Hillary side is trying to spread.
rip passion
Mohdoo
Profile Joined August 2007
United States15743 Posts
February 17 2016 17:07 GMT
#58870
On February 18 2016 02:01 KwarK wrote:
There's nothing Sanders is promising that doesn't exist in some shape in another first world country. This idea that it's impossible is American exceptionalism at its very worst.


How quickly did these changes happen, though? Is single payer possible in America? Yes. Could we get it done in Bernie's first year? First term? 2nd term? Who knows.
Nyxisto
Profile Joined August 2010
Germany6287 Posts
February 17 2016 17:13 GMT
#58871
I think if trumps polling numbers are any indicator you better make it happen fast
Plansix
Profile Blog Joined April 2011
United States60190 Posts
February 17 2016 17:15 GMT
#58872
On February 18 2016 02:07 Mohdoo wrote:
Show nested quote +
On February 18 2016 02:01 KwarK wrote:
There's nothing Sanders is promising that doesn't exist in some shape in another first world country. This idea that it's impossible is American exceptionalism at its very worst.


How quickly did these changes happen, though? Is single payer possible in America? Yes. Could we get it done in Bernie's first year? First term? 2nd term? Who knows.

If we are going to limit our attempts at progress to what can be done during a single presidential term, we might as well just accept that every nation in the world will surpass us. That is the opposite of exceptionalism.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
Gorsameth
Profile Joined April 2010
Netherlands22578 Posts
February 17 2016 17:18 GMT
#58873
On February 18 2016 02:07 Mohdoo wrote:
Show nested quote +
On February 18 2016 02:01 KwarK wrote:
There's nothing Sanders is promising that doesn't exist in some shape in another first world country. This idea that it's impossible is American exceptionalism at its very worst.


How quickly did these changes happen, though? Is single payer possible in America? Yes. Could we get it done in Bernie's first year? First term? 2nd term? Who knows.

I don't know.
I do know that it will never happen if you don't start.
It ignores such insignificant forces as time, entropy, and death
LegalLord
Profile Blog Joined April 2013
United States13779 Posts
February 17 2016 17:21 GMT
#58874
On February 18 2016 01:55 oneofthem wrote:
government backed securities


in other news,
https://lettertosanders.wordpress.com/

Do they have any more in depth analysis of their thoughts on this plan, or just a quick "ur wrong" and a few name/title drops? I'd be curious to see what their thoughts are on this matter.
History will sooner or later sweep the European Union away without mercy.
Simberto
Profile Blog Joined July 2010
Germany11988 Posts
February 17 2016 17:22 GMT
#58875
On February 18 2016 02:15 Plansix wrote:
Show nested quote +
On February 18 2016 02:07 Mohdoo wrote:
On February 18 2016 02:01 KwarK wrote:
There's nothing Sanders is promising that doesn't exist in some shape in another first world country. This idea that it's impossible is American exceptionalism at its very worst.


How quickly did these changes happen, though? Is single payer possible in America? Yes. Could we get it done in Bernie's first year? First term? 2nd term? Who knows.

If we are going to limit our attempts at progress to what can be done during a single presidential term, we might as well just accept that every nation in the world will surpass us. That is the opposite of exceptionalism.


If everyone is better than you, you are exceptional too

But agreed, politics should definitively look more at the long-term than it currently does.
Acrofales
Profile Joined August 2010
Spain18440 Posts
February 17 2016 17:22 GMT
#58876
I don't think those economists are trying to say it's impossible to have single payer health care, or free tuition. Just that the effects of Sanders' policy on the economy will be very different, and a lot more disappointing, than Sanders is portraying it.
oneofthem
Profile Blog Joined November 2005
Cayman Islands24199 Posts
February 17 2016 17:22 GMT
#58877
to be more specific, that response was to this projection of sanders' plan's economic impact. these impacts were not found in other scenarios hence lack of evidence etc.

http://money.cnn.com/2016/02/08/news/economy/sanders-income-jobs/
We have fed the heart on fantasies, the heart's grown brutal from the fare, more substance in our enmities than in our love
Deathstar
Profile Blog Joined May 2010
9150 Posts
February 17 2016 17:27 GMT
#58878
On February 18 2016 02:07 Mohdoo wrote:
Show nested quote +
On February 18 2016 02:01 KwarK wrote:
There's nothing Sanders is promising that doesn't exist in some shape in another first world country. This idea that it's impossible is American exceptionalism at its very worst.


How quickly did these changes happen, though? Is single payer possible in America? Yes. Could we get it done in Bernie's first year? First term? 2nd term? Who knows.


You're right why bother.
rip passion
Plansix
Profile Blog Joined April 2011
United States60190 Posts
February 17 2016 17:29 GMT
#58879
The key part of the program that I like is his plan to improve infrastructure and increase job training. The country as a whole seem allergic to the idea that the government should be involve with training the work force, which we used to do more of when we didn’t falsely believe we were the best at everything.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
kwizach
Profile Joined June 2011
3658 Posts
Last Edited: 2016-02-17 17:36:19
February 17 2016 17:30 GMT
#58880
On February 18 2016 02:22 Acrofales wrote:
I don't think those economists are trying to say it's impossible to have single payer health care, or free tuition. Just that the effects of Sanders' policy on the economy will be very different, and a lot more disappointing, than Sanders is portraying it.

Exactly. It's disappointing to me to see so many Sanders supporters in this thread completely dismiss the criticism levied at Sanders' claims and plans by plenty of left-wing economists purely as "Clinton propaganda", even when these economists are not affiliated in the slightest with Clinton's campaign (and suggesting that they are somehow unaware of the social programs that exist in Europe is just as stupid -- the point is that they're very skeptical of the details of Sanders' plans to achieve those social reforms). It's the classic Republican "facts don't matter, we believe it will happen" approach to policy, except in this case the blind faith is directed towards Bernie's plans. I very much support his goals, but supporting his ultimate objectives doesn't mean that we can't look critically at what he's actually put on the table.
"Oedipus ruined a great sex life by asking too many questions." -- Stephen Colbert
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