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Thread: Donald F. Trump: President of the USA Part II Covfefe

  1. #2926

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    To be fair, the process of withdrawal started under Obama; you can't pin this particular stupidity on the demented orangutan.

  2. #2927

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    Quote Originally Posted by scudsucker View Post
    To be fair, the process of withdrawal started under Obama; you can't pin this particular stupidity on the demented orangutan.
    Obama ended US funding of it. However US still worked with UNESCO after that period.

    Israel are still members.

  3. #2928
    Ulysses Everett McGill OrbitalDawn's Avatar
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    Quote Originally Posted by konfab View Post
    Actually according to the Keynesian economics you lot are so hopelessly addicted to, he is correct. The stock market growing is indicative that people are putting money into the stock market, not taking it out. Which means that the businesses that the stock market represents are doing well and are worth investing in. This is indicative that the economy is growing. It also provides a convenient place for money to accumulate without it causing too much inflation. What this means in relation to the debt is that the GDP is growing faster than the money they are printing to make it grow, which has the effect of reducing the debt.

    To use it in a simple example, if you take out a R100000 loan to inject capital into your business worth R2 million and your business grows 50% as a result, the ratio of debt you have to the "worth" of the business decreases.
    The hoops Trumpets will jump through to defend him.

    I'm sure you would have strained to make this nonsense explanation when Obama was there.
    "Poets have been mysteriously silent on the subject of cheese."

  4. #2929
    Ulysses Everett McGill OrbitalDawn's Avatar
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    Internal Emails Show ICE Agents Struggling to Substantiate Trump’s Lies About Immigrants

    As hundreds of undocumented immigrants were rounded up across the country last February in the first mass raids of the Trump administration, Immigration and Customs Enforcement officials went out of their way to portray the people they detained as hardened criminals, instructing field offices to highlight the worst cases for the media and attempting to distract attention from the dozens of individuals who were apprehended despite having no criminal background at all.

    A heavily redacted cache of emails, obtained through a Freedom of Information Act request by students at Vanderbilt University Law School and published exclusively by The Intercept, reveals how in the early days of Donald Trump’s presidency, ICE agents in Austin scrambled — and largely failed — to engineer a narrative that would substantiate the administration’s claims that the raids were motivated by public safety concerns. Instead, the emails detail the evolution of ICE’s public statements once it became obvious that the Trump administration’s narrative was not true.

    Bob Libal, executive director of Grassroots Leadership, an Austin-based civil rights group, said the emails show just “how aggressive and desperate and duplicitous ICE was during these raids.”

    “Essentially this is ICE trying to gin up a case for its actions, when really this isn’t at all about public safety,” he told The Intercept after reviewing the correspondence. “We can thoroughly expect that’s what they’re going to try to do again.”
    "Poets have been mysteriously silent on the subject of cheese."

  5. #2930

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    Trump kills key payments to health insurers

    The Trump administration will immediately stop making critically important payments to insurers who sell Obamacare health plans, a bombshell move that is expected to spike premium prices and potentially lead many insurers to exit the marketplace.

    The decision to end the billions of dollars worth of so-called cost-sharing reduction (CSR) payments came after months of threats by President Donald Trump to do just that.
    https://www.cnbc.com/2017/10/12/obam...-insurers.html
    "Measure what is measurable, and make measurable what is not so." -Galileo

  6. #2931

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    Quote Originally Posted by Unhappy438 View Post
    Trump kills key payments to health insurers



    https://www.cnbc.com/2017/10/12/obam...-insurers.html
    In the absence of being able to compete, just pee on their bed instead.

    The best negotiator is more than a bit crap tbh
    “Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."

    - Benjamin Franklin

  7. #2932

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    Quote Originally Posted by Hamish McPanji View Post
    In the absence of being able to compete, just pee on their bed instead.

    The best negotiator is more than a bit crap tbh
    You didn't realise the art of the deal was all about stabbing yourself in the eye? 44D bigly chess man.
    "Measure what is measurable, and make measurable what is not so." -Galileo

  8. #2933
    Ulysses Everett McGill OrbitalDawn's Avatar
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    Quote Originally Posted by Hamish McPanji View Post
    In the absence of being able to compete, just pee on their bed instead.

    The best negotiator is more than a bit crap tbh
    The government ends up paying more to cover less people! Mr. business deals strikes again!

    Also, not that it's a surprise, but Trump is lying some more about his tax plan.

    Trump has been lying a lot about his 'small business' tax cut
    "Poets have been mysteriously silent on the subject of cheese."

  9. #2934

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    Quote Originally Posted by OrbitalDawn View Post
    The government ends up paying more to cover less people! Mr. business deals strikes again!

    Also, not that it's a surprise, but Trump is lying some more about his tax plan.

    Trump has been lying a lot about his 'small business' tax cut
    Please show us that math that indicates that government will now pay more.

    He cut a payment sharing program, meaning the government pay less. Everything else and all the doom is pure speculation.
    People can still be on insurance and that insurance can still pay for their healthcare that's already a group funded scheme why add another group funded scheme in the form of government on top of that. Does socialism only work if you layer it in complexity.

    As for the tax article you linked. There's so much spin and BS in there its hard to figure out exactly what the journalist is complaining about. Tax cuts is always a good thing, the more the better, but no amount of tax cuts can be seen as bad.
    Last edited by rietrot; 13-10-2017 at 12:28 PM.

  10. #2935
    Super Grandmaster konfab's Avatar
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    Quote Originally Posted by OrbitalDawn View Post
    The hoops Trumpets will jump through to defend him.

    I'm sure you would have strained to make this nonsense explanation when Obama was there.
    Just because I understand the thinking behind it doesn't mean I agree with it. I think Trump and 90% of the elected officials are kidding themselves if they think the current economy isn't in a bubble.

  11. #2936
    Super Grandmaster NarrowBandFtw's Avatar
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    Quote Originally Posted by konfab View Post
    Trump and 90% of the elected officials are kidding themselves if they think the current economy isn't in a bubble.
    Too true, they're foolishly setting themselves up to be the scapegoats for someone else's crash.
    none so blind as those who refuse to see

    http://lucidramble.com

  12. #2937
    Super Grandmaster konfab's Avatar
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    Quote Originally Posted by rietrot View Post
    Please show us that math that indicates that government will now pay more.
    The figure is from the congressional budget office.
    https://www.cbo.gov/system/files/115...reductions.pdf
    „ The fraction of people living in areas with no insurers offering nongroup plans would be greater during the next two years and about the same starting in 2020;
    „ Gross premiums for silver plans offered through the marketplaces would be 20*percent higher in 2018 and 25 percent higher by 2020—boosting the amount of premium tax credits according to the statutory formula;
    „ Most people would pay net premiums (after accounting for premium tax credits) for nongroup insurance throughout the next decade that were similar to or less than what they would pay otherwise—although the share of people facing slight increases would be higher during the next two years;
    „ Federal deficits would increase by $6*billion in 2018, $21 billion in 2020, and $26*billion in 2026; and
    „ The number of people uninsured would be slightly higher in 2018 but slightly lower starting in 2020.
    This is what I can get from the logic: since there is no longer a subsidy, some plans will end up costing more, meaning that the tax credits that are already in existence will be increases, thus causing a loss to the fiscus.

    This has some holes in it IMO. I think people would be more likely to drop their plans than pay more, which would render the tax credit argument null.

    The whole system looks like it needs a substantial market correction.

  13. #2938

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    Quote Originally Posted by NarrowBandFtw View Post
    Too true, they're foolishly setting themselves up to be the scapegoats for someone else's crash.
    Yup. At least Trump ought to make it arrive sooner rather than later since he's proven incapable of recognising (and thus reacting to) the real danger.
    Quote Originally Posted by Randhir View Post
    Blah blah blah. Usual waffle.

  14. #2939
    Super Grandmaster konfab's Avatar
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    Quote Originally Posted by NarrowBandFtw View Post
    Too true, they're foolishly setting themselves up to be the scapegoats for someone else's crash.
    Healthcare and education are two things that desperately need the shock because the government has been shoving too much money into them for too long. From what I can see, Trump is speeding things up so he will be in the hotseat when the cards come tumbling down because no one else will risk becoming a more hated person in the US. That will eventually make things cheaper for everyone. He's the hero the US deserves, but not the one it needs right now. So they'll hunt him. Because he can take it. Because he's not our hero. He's a silent guardian, a watchful protector. An orange knight.

  15. #2940
    Super Grandmaster NarrowBandFtw's Avatar
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    Quote Originally Posted by konfab View Post
    He's a silent guardian, a watchful protector. An orange knight.
    ... Trump is many things, but silent ain't one of them.

    If he purposely causes the crash he would indeed be a hero, if he keeps claiming the economy is great under his leadership and believes his own bullshyte he's merely a fool.
    none so blind as those who refuse to see

    http://lucidramble.com

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