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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.
Sermokala
Profile Blog Joined November 2010
United States13964 Posts
February 06 2018 08:37 GMT
#197121
Its not that insane to say that this drop should have occurred at some point during obamas years and that he prolonged the intrest rates going up in order to continue the economies growth.

Blaming the economy on one president or another is really the inane thing that goes on regardless.
A wise man will say that he knows nothing. We're gona party like its 2752 Hail Dark Brandon
warding
Profile Joined August 2005
Portugal2394 Posts
February 06 2018 08:59 GMT
#197122
On February 06 2018 17:37 Sermokala wrote:
Its not that insane to say that this drop should have occurred at some point during obamas years and that he prolonged the intrest rates going up in order to continue the economies growth.

Blaming the economy on one president or another is really the inane thing that goes on regardless.

By he you mean Janet Yellen?
Acrofales
Profile Joined August 2010
Spain18019 Posts
Last Edited: 2018-02-06 09:56:39
February 06 2018 09:16 GMT
#197123
On February 06 2018 17:37 Sermokala wrote:
Its not that insane to say that this drop should have occurred at some point during obamas years and that he prolonged the intrest rates going up in order to continue the economies growth.

Blaming the economy on one president or another is really the inane thing that goes on regardless.

But then why was Trump talking about how well the economy was doing under his wise and best rule? If it was just propped up artificially by Obama's evil plot? Either you can (try to) take credit for the good and blame for the bad, or you can claim you haven't had time to change anything and it's all due to Obama. You don't get to do both.
Gorsameth
Profile Joined April 2010
Netherlands21731 Posts
Last Edited: 2018-02-06 12:40:40
February 06 2018 10:30 GMT
#197124
On February 06 2018 10:22 Plansix wrote:


If anyone wants a preview of what congress is going to look like when crisis hits, watch PA. This is the current GOP brand: fuck the rule of law, win by any means necessary.

Does the court need to wait for them to miss the dates listed or is this memo enough for them to be held in contempt of court and jailed?
One dumb person. I expect the local GOP leadership to know better then to try this shit.
It ignores such insignificant forces as time, entropy, and death
FueledUpAndReadyToGo
Profile Blog Joined March 2013
Netherlands30548 Posts
February 06 2018 10:32 GMT
#197125
On February 06 2018 18:16 Acrofales wrote:
Show nested quote +
On February 06 2018 17:37 Sermokala wrote:
Its not that insane to say that this drop should have occurred at some point during obamas years and that he prolonged the intrest rates going up in order to continue the economies growth.

Blaming the economy on one president or another is really the inane thing that goes on regardless.

But then why was Trump talking about how well the economy was doing under his wise and best rule? If it was just propped up artificially by Obama's evil plot? Either you can (try to) take credit for the good and blame for the bad, or you can claim you haven't had time to change anything and it's all due to Obama. You don't get to do both.

You say 'you can't do both' but Sean Hannity gave alternative facts to that
Neosteel Enthusiast
Sbrubbles
Profile Joined October 2010
Brazil5776 Posts
February 06 2018 11:48 GMT
#197126
On February 06 2018 17:37 Sermokala wrote:
Its not that insane to say that this drop should have occurred at some point during obamas years and that he prolonged the intrest rates going up in order to continue the economies growth.

Blaming the economy on one president or another is really the inane thing that goes on regardless.


The Fed is in charge of setting interest rates, and there weren't any inflation signs to justify raising interest rates during Obama's years (some might argue there still isn't, though given the strength of the labor market these arguments have become a bit weaker). Also, inflation and economic activity are the two main worries of the Fed when setting interest rates, much more so than the ups and downs of the stock market.
Bora Pain minha porra!
Biff The Understudy
Profile Blog Joined February 2008
France7890 Posts
Last Edited: 2018-02-06 12:06:51
February 06 2018 11:58 GMT
#197127

Been waiting for it, getting those popcorns.

Meanwhile Trump lawyers are so aware that Trump has a dangerously tenuous relationship to reality that they don’t want him to talk to Mueler, because he can’t have a conversation without lying and that would open up the way to legal troubles.

Too bad it’s not forbidden to lie to the whole country, every day. That’s totally ok.

the failing New York Times. Sad!
The fellow who is out to burn things up is the counterpart of the fool who thinks he can save the world. The world needs neither to be burned up nor to be saved. The world is, we are. Transients, if we buck it; here to stay if we accept it. ~H.Miller
Gorsameth
Profile Joined April 2010
Netherlands21731 Posts
Last Edited: 2018-02-06 12:23:26
February 06 2018 12:21 GMT
#197128
On February 06 2018 20:58 Biff The Understudy wrote:
https://twitter.com/MillenPolitics/status/960632655187410944
Been waiting for it, getting those popcorns.

Meanwhile Trump lawyers are so aware that Trump has a dangerously tenuous relationship to reality that they don’t want him to talk to Mueler, because he can’t have a conversation without lying and that would open up the way to legal troubles.

Too bad it’s not forbidden to lie to the whole country, every day. That’s totally ok.

the failing New York Times. Sad!

I would be utterly shocked and seriously question what Mueller is doing if he doesn't request an interview with trump (and a subpoena if denied) both with regards to Obstruction of Justice (since Trump is the main suspect there) and the Russian connection (stuff like 'did you know your son was meeting with a representative of the Russian government to obtain information on Hillary").
Whether he gets through such an interview in one piece is up in the air, tho if he was aware of what was going on I suspect he will have a severe case of dementia that day.
It ignores such insignificant forces as time, entropy, and death
TheTenthDoc
Profile Blog Joined February 2011
United States9561 Posts
Last Edited: 2018-02-06 12:35:14
February 06 2018 12:33 GMT
#197129
So apparently Nunes believes judges are too dumb to read footnotes; the political connection of the dossier was divulged in one (at least if you believe WaPo; he didn't deny it when asked but as we all know he never read the FISA). I do think it's cute that he's babbling about how the American people know when the FISA application should never have been seen by the public.
mustaju
Profile Blog Joined May 2010
Estonia4504 Posts
Last Edited: 2018-02-06 12:58:32
February 06 2018 12:40 GMT
#197130
Fortunately, that "DOW joans" tweet is fake. Unfortunately, the "not clapping for me could be called treason, why not?" one is not. The state of political discourse looks very hard to fix right now, and not a lot of people care about fixing it right now.

If I had to guess, an optimistic timeline for centrists goes like this:
8 years to fix the institutional damage Trump has done.
8 years of bipartisan government with a conscious goal to strengthen the center.
WriterBrows somewhat high. https://www.youtube.com/watch?v=ndFysO2JunE
farvacola
Profile Blog Joined January 2011
United States18831 Posts
Last Edited: 2018-02-06 12:42:29
February 06 2018 12:41 GMT
#197131
Given that we've arguably never had 8 years of bipartisan governance at the federal level, I'd say that's more than merely optimistic
"when the Dead Kennedys found out they had skinhead fans, they literally wrote a song titled 'Nazi Punks Fuck Off'"
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
Last Edited: 2018-02-06 12:57:18
February 06 2018 12:57 GMT
#197132
Don't worry I'm sure the free market will fix this in no time.

Anchored in flood-prone areas in every American state are more than 2,500 sites that handle toxic chemicals, a New York Times analysis of federal floodplain and industrial data shows. About 1,400 are located in areas at highest risk of flooding.

As flood danger grows — the consequence of a warming climate — the risk is that there will be more toxic spills like the one that struck Baytown, Tex., where Hurricane Harvey swamped a chemicals plant, releasing lye. Or like the ones at a Florida fertilizer plant that leaked phosphoric acid and an Ohio refinery that released benzene.

Flooding nationwide is likely to worsen because of climate change, an exhaustive scientific report by the federal government warned last year. Heavy rainfall is increasing in intensity and frequency.

At the same time, rising sea levels combined with more frequent and extensive flooding from coastal storms like hurricanes may increase the risk to chemical facilities near waterways.

The Times analysis looked at sites listed in the federal Toxic Release Inventory, which covers more than 21,600 facilities across the country that handle large amounts of toxic chemicals harmful to health or the environment.

Of those sites, more than 1,400 were in locations the Federal Emergency Management Agency considers to have a high risk of flooding. An additional 1,100 sites were in areas of moderate risk. Other industrial complexes lie just outside these defined flood-risk zones, obscuring their vulnerability as flood patterns shift and expand.

The presence of chemical sites in areas vulnerable to flooding is a holdover from an age where the advantages to industry of proximity to rivers and oceans — for transportation and trade, or for a ready supply of cooling water — seemingly outweighed the risks.

“Waterfronts are changing as a result of sea level rise,” said Jeanne Herb, an environmental policy expert at Rutgers University who has researched hazards posed by climate-related flooding to industries in New Jersey. “More often than not, these are facilities are on the water for a reason,” she said. “So how do we make sure that there are protections in place? That’s the big question.”

Federal law does not explicitly require sites in floodplains that handle toxic chemicals to take extra precautions against flooding. Nor do most states or local governments have such requirements.

President Barack Obama signed an executive order in 2015 requiring planners of federally funded buildings, roads and other infrastructure to account for the impact of possible flooding from rising sea levels or more extreme precipitation. President Trump rescinded those rules last year.

The Times analysis focused on facilities on the federal toxic release database, which tracks sites handling chemicals that could be harmful to health and the environment if released. The list does not include properties like Superfund sites or wastewater facilities, or chemical sites where the predominant risks are fire or explosion, as opposed to toxic pollution.

The Times also examined reports of oil and chemical spills tallied by the National Response Center, which is run by the Coast Guard. Companies are required by law to report spills to the N.R.C., although that database has been criticized as incomplete.

Still, the data does provide a glimpse into the thousands of spills that occur across the country each year.

By the time the murky flood waters had receded from the sprawling Chevron Phillips chemical plant in Baytown, 34,000 pounds of sodium hydroxide and 300 pounds of benzene — both highly toxic — had escaped through a damaged valve. The plant, a joint venture between Chevron and Phillips 66, is one of many that filled the region’s streets with a stew of chemicals, debris and waste in the days after Hurricane Harvey and its torrential rains.

Employees later pumped some of the tainted water into 80 steel tanks. But most of the product “was lost in the floodwater,” David Gray, an Environmental Protection Agency spokesman based in Dallas, said in an email.

A Chevron Phillips spokesman, Bryce Hallowell, declined to give further details of the spill. He stressed that the plant “was at the center of this incredibly powerful storm.”

The chemical site lies in a moderate-risk flood zone, defined by the government as having a 0.2 percent chance of flooding in any year. It was at least the third time in three years that the Chevron Phillips facility blamed heavy downpours for chemical leaks.

The spills underscore the vulnerability of America’s coastal industries to rising sea levels and extreme weather. This is the case along the Gulf Coast because the country’s oil, gas and petrochemicals industries are concentrated there.

At least 46 facilities reported an estimated 4.6 million pounds of airborne emissions beyond state limits between Aug. 23 and Aug. 30, 2017, the week spanning Harvey’s approach and landfall in Texas. The Chevron Phillips plant also reported one of the largest Harvey-related emissions of chemicals into the air.

But even as flooding risks increase, chemical companies continue to build in vulnerable areas. A boom in plastics manufacturing has brought billions of dollars of investment to the Gulf shoreline. The Chevron Phillips site had been in the midst of adding a new $6 billion ethane processor, one of the biggest investments in the Gulf’s fast-growing petrochemicals industry.

Despite repeated flooding, the chemicals manufacturer still considered the site, at Cedar Bayou, to be “the optimal location” for its new ethane facility, Mr. Hallowell said. He declined to detail protections that have been considered or installed, or whether they were designed to withstand future floods.


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
zlefin
Profile Blog Joined October 2012
United States7689 Posts
Last Edited: 2018-02-06 13:14:07
February 06 2018 13:08 GMT
#197133
On February 06 2018 21:40 mustaju wrote:
Fortunately, that "DOW joans" tweet is fake. Unfortunately, the "not clapping for me could be called treason, why not?" one is not. The state of political discourse looks very hard to fix right now, and not a lot of people care about fixing it right now.

If I had to guess, an optimistic timeline for centrists goes like this:
8 years to fix the institutional damage Trump has done.
8 years of bipartisan government with a conscious goal to strengthen the center.

it is indeed unfortunate that people aren't doing more to try and fix it; and that there simply isn't much will to try either.
and ofc even if some people do work on trying to fix it; the voters don't know what proposals will/won't fix it so they can't intelligently vote toward that end. smart long term fixes and preemptive maintenance also tend to not get votes and not be done much.
hard to fix anything while the republicans are going crazy, and would presumptively block many of the fixes anyways.
Great read: http://shorensteincenter.org/news-coverage-2016-general-election/ great book on democracy: http://press.princeton.edu/titles/10671.html zlefin is grumpier due to long term illness. Ignoring some users.
pmh
Profile Joined March 2016
1352 Posts
Last Edited: 2018-02-06 13:36:48
February 06 2018 13:36 GMT
#197134
Interest usa obligations nearing 3%. Up till about 1-2 years ago the fed bought trillions worth of bonds from banks and funds at 1% interest or lower. How much money did the fed lose on those bonds when compared with todays value?

World is crazy.
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
February 06 2018 14:10 GMT
#197135
This is why if Wall Street burned to the ground a majority of Americans would celebrate.

"Smokey, this is not 'Nam, this is bowling. There are rules."
Biff The Understudy
Profile Blog Joined February 2008
France7890 Posts
February 06 2018 14:13 GMT
#197136
On February 06 2018 21:40 mustaju wrote:
Fortunately, that "DOW joans" tweet is fake. Unfortunately, the "not clapping for me could be called treason, why not?" one is not. The state of political discourse looks very hard to fix right now, and not a lot of people care about fixing it right now.

If I had to guess, an optimistic timeline for centrists goes like this:
8 years to fix the institutional damage Trump has done.
8 years of bipartisan government with a conscious goal to strengthen the center.

Is it? Should have checked, my sincere apologies to everyone here. I get mad when people transmit fake stuff without checking, that’s a lesson in humility.
The fellow who is out to burn things up is the counterpart of the fool who thinks he can save the world. The world needs neither to be burned up nor to be saved. The world is, we are. Transients, if we buck it; here to stay if we accept it. ~H.Miller
Plansix
Profile Blog Joined April 2011
United States60190 Posts
Last Edited: 2018-02-06 14:17:53
February 06 2018 14:16 GMT
#197137
They could celebrate right up until the next pay period, when they would find out their employer couldn’t make pay roll. I’m no fan of Wall Street, but an economic implosion isn’t good for anyone.

On February 06 2018 23:13 Biff The Understudy wrote:
Show nested quote +
On February 06 2018 21:40 mustaju wrote:
Fortunately, that "DOW joans" tweet is fake. Unfortunately, the "not clapping for me could be called treason, why not?" one is not. The state of political discourse looks very hard to fix right now, and not a lot of people care about fixing it right now.

If I had to guess, an optimistic timeline for centrists goes like this:
8 years to fix the institutional damage Trump has done.
8 years of bipartisan government with a conscious goal to strengthen the center.

Is it? Should have checked, my sincere apologies to everyone here. I get mad when people transmit fake stuff without checking, that’s a lesson in humility.

To be fair, the dude who faked it said he should have known better given how stupid all of Trump’s previous tweets were and how hard it is to check tweets by date.
I have the Honor to be your Obedient Servant, P.6
TL+ Member
GreenHorizons
Profile Blog Joined April 2011
United States23261 Posts
February 06 2018 14:32 GMT
#197138
On February 06 2018 23:16 Plansix wrote:
They could celebrate right up until the next pay period, when they would find out their employer couldn’t make pay roll. I’m no fan of Wall Street, but an economic implosion isn’t good for anyone.

Show nested quote +
On February 06 2018 23:13 Biff The Understudy wrote:
On February 06 2018 21:40 mustaju wrote:
Fortunately, that "DOW joans" tweet is fake. Unfortunately, the "not clapping for me could be called treason, why not?" one is not. The state of political discourse looks very hard to fix right now, and not a lot of people care about fixing it right now.

If I had to guess, an optimistic timeline for centrists goes like this:
8 years to fix the institutional damage Trump has done.
8 years of bipartisan government with a conscious goal to strengthen the center.

Is it? Should have checked, my sincere apologies to everyone here. I get mad when people transmit fake stuff without checking, that’s a lesson in humility.

To be fair, the dude who faked it said he should have known better given how stupid all of Trump’s previous tweets were and how hard it is to check tweets by date.


Most Americans don't have employers. Economic implosions aren't fun but they have beneficiaries, particularly on a longer horizon.
"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
LegalLord
Profile Blog Joined April 2013
United Kingdom13775 Posts
February 06 2018 14:37 GMT
#197139
Markets are open and Dow Joans down 260 points. Here’s to hoping.
History will sooner or later sweep the European Union away without mercy.
Velr
Profile Blog Joined July 2008
Switzerland10738 Posts
February 06 2018 14:38 GMT
#197140
But most are employes.

Do i understand you wrong or are. Youbasically arguing for mass poverty that leads into some revolution as a long term benefit?
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