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  # 2300235 16-Aug-2019 10:41
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This will be my last post for two weeks.
I'll be backpacking in Belgium - hopefully a Trump-free zone - with minimal internet access.
Fight the Good Fight!

 





Sideface


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  # 2300405 16-Aug-2019 13:06
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Have a good trip, and don't go via HK!!


 
 
 
 


Lock him up!
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  # 2300493 16-Aug-2019 16:11
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 Rachel Maddow having a lot of fun on MSNBC at the moment. Apparently someone has manged to plant the idea of buying Greenland in Trump's pea brain and he is actually taking it seriously and has been asking people about it and raising the subject at dinners. Maybe they will even throw in the Brooklyn Bridge!

 

 





I don't think there is ever a bad time to talk about how absurd war is, how old men make decisions and young people die. - George Clooney
 


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  # 2300526 16-Aug-2019 17:07
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Trump got schooled in trolling from this New Yorker. I wonder if Trump will ask Putin for a boatload of golden shower hookers to bring a wave of retaliation to the avenue.

More than 250,000 people sign a petition to rename Fifth Ave. in front of New York's Trump Tower ‘Obama Avenue’

Washington Post

by Katie Mettler

Elizabeth Rowin got the idea from a comedian, who joked that one way to anger President Trump would be to rename the street in front of his signature property after his Oval Office predecessor.

So Rowin wrote up a petition and posted it to MoveOn.org, the liberal landing place for political gripes and calls to action, she told Newsweek in an interview.

“We request the stretch of Fifth Avenue between 56th and 57th Streets be renamed ‘President Barack H. Obama Avenue,’ ” read her request, addressed to New York Mayor Bill de Blasio (D) and the City Council. “Any addresses on that stretch of Fifth Avenue should be changed accordingly.”

That stretch includes Trump Tower, which would make President Trump’s address there 725 President Barack H. Obama Ave.

“I honestly started it as a joke,” Rowin told Newsweek.

But, as of early Thursday morning, more than 250,000 people had signed on.

Rowin told Newsweek that several New York City Council members responded when she wrote them and that they assured her they would look into the petition, which calls on the city to follow the example California set by renaming part of the 134 Freeway after Obama, who attended Occidental College near the stretch of highway.

Rowin’s justification for echoing the move in New York was to honor Obama’s “many accomplishments.” According to her petition, they include “saving our nation from the Great Recession; serving two completely scandal-free terms in office; and taking out Osama bin Laden, the mastermind behind September 11th, which killed over 3,000 New Yorkers.”
...
https://www.washingtonpost.com/nation/2019/08/14/people-sign-petition-rename-fifth-ave-front-trump-tower-obama-avenue/

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  # 2300674 17-Aug-2019 07:20
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Stephen Colbert: This is the odd thing about Trump ...

CNN

In an interview with CNN's Anderson Cooper, late night host and comedian Stephen Colbert says that we don't really know anything about President Trump


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  # 2300729 17-Aug-2019 10:42
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Sideface:

 

This will be my last post for two weeks.
I'll be backpacking in Belgium - hopefully a Trump-free zone - with minimal internet access.
Fight the Good Fight!

 

 

Hey - you can't do that! What makes you think you can overtake my position for most posts in this thread, then just b*gger off on holiday‽‽‽

 

Cheers - and have a good time.


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  # 2300735 17-Aug-2019 10:51
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Rikkitic:

 

 Rachel Maddow having a lot of fun on MSNBC at the moment. Apparently someone has manged to plant the idea of buying Greenland in Trump's pea brain and he is actually taking it seriously and has been asking people about it and raising the subject at dinners. Maybe they will even throw in the Brooklyn Bridge!

 

 

 

 

Wow - then if he can strike a great deal with Santa Claus, he can get Canada surrounded on all 4 sides.


 
 
 
 


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  # 2300943 17-Aug-2019 18:08
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Perhaps someone should buy Trump a golden world map, so he can see that Greenland is "yuge"

It's the world's largest island (Australia and Antarctica are continents).

However I'd be willing to sell him my Greenland banana, coconut, and rubber tree plantations for a couple of million bitcoins.

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  # 2301170 18-Aug-2019 11:04
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By middle-America, bland, mainstream newspaper "USA Today"

Why this Never Trump ex-Republican will vote for almost any 2020 Democratic nominee

USA Today, Tom Nichols , Opinion columnist

I don’t care if Sen. Elizabeth Warren is a mendacious Massachusetts liberal. She could tell me that she’s going to make me wear waffles as underpants and I’ll vote for her. I don’t care if Sen. Kamala Harris is an opportunistic California prosecutor who wants to relitigate busing. She could tell me that I have to drive to work in a go-cart covered with Barbie decals and I’ll vote for her. I don’t care if Vermont Sen. Bernie Sanders is a muddle-headed socialist from a rural class-warfare state (where I once lived as one of his constituents). He could tell me he’s going to tax used kitty litter and I’ll vote for him.

I don’t care if Hawaii Rep. Tulsi Gabbard is clearly influenced by a hostile foreign government or that Marianne Williamson is a weird, anti-science guru. They could …

Wait. I do care about that. It’s the reason they won’t get my vote next year, and why the president won’t either.

Trump is getting worse

All of the policy “what about” hypotheticals from my conservative friends are diversions. They’re trying to move the argument to policy to blind us to the reality that President Donald Trump is both unstable and compromised.

As I have argued for well over two years, there is plenty of evidence that the president is compromised by our most dedicated enemy. Even before the Mueller report laid bare the degree to which the Trump campaign welcomed Russian help, it was obvious that Trump feared Russian President Vladimir Putin — not only because Putin knew how much Trump had lied to the American people during the campaign about his dealings with Russia, but also likely because Moscow holds Trump’s closest financial secrets after years of shady dealings with Russian oligarchs.

And obviously, I would care if Warren or Harris wanted me to do something insane, because it would be evidence of their mental or emotional impairment. As much as conservatives hate to admit it, governing by executive order or supporting the financial evisceration of rich people is not a sign of an emotional disorder.

I can live with policies I hate

Compulsive lying, fantastic and easily refuted claims, base insults and bizarre public meltdowns, however, are indeed signs of serious emotional problems. Trump has never been a reasonable man, but for two years, he has gotten worse. He literally cannot tell the truth from a lie, he often seems completely unable to comprehend even basic information, and he flies off the handle in ways that would make most of us take our children to a pediatrician for evaluation.

This is why policy doesn’t matter. I have only two requirements from the Democratic nominee. First, he or she must not be obviously mentally unstable. Second, the nominee must not be in any way sympathetic — or worse, potentially beholden — to a hostile foreign power. This rules out Gabbard, Williamson and maybe New York City Mayor Bill de Blasio, although in de Blasio’s case it’s hard to tell whether he is unstable or just a terrible person.

As for the rest of them, I am willing to live with whoever wins the Democratic primary process. I will likely hate the nominee’s policies, but at least I will not be concerned that he or she is incapable of understanding “the nuclear” or “the cyber.” I will feel like I have a shot at trying to convince my elected representatives that they should listen to the policy preferences of normal human beings instead of two old men wearing shirts that say they’d “rather be a Russian than a Democrat,” or a woman in a shirt indicating that she is willing to have the president grab her genitalia.
...

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  # 2301213 18-Aug-2019 14:34
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DENMARK OFFERS TO BUY U.S.

 

 


COPENHAGEN (The Borowitz Report)—After rebuffing Donald J. Trump’s hypothetical proposal to purchase Greenland, the government of Denmark has announced that it would be interested in buying the United States.

 

“As we have stated, Greenland is not for sale,” a spokesperson for the Danish government said on Friday. “We have noted, however, that since the establishment of of the Trump regime, pretty much everything in the United States, including its government, is for sale.”

 

“Denmark would be interested in purchasing the United States in its entirety,” the spokesperson added, "with the exception of its government, of course".

 

A key provision of the purchase offer, the spokesperson said, would be the relocation of Donald Trump to another country “to be determined,” with Russia, North Korea or Mars cited as possible destinations.

 

If Denmark’s bid for the United States is accepted, the Scandinavian nation has ambitious plans for its new acquisition. “We believe that, by giving the U.S. a proper democratic government, along with fully functioning education, judicial and health care systems, it could be transformed, in time, into a first world country,” the spokesperson said.

 

 





Any fool can make money, but it takes a special person to earn the respect of respectable people.


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  # 2301217 18-Aug-2019 14:55
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The Late Show with Stephen Colbert

President Trump seems content to trust the Chinese to deal "humanely" with pro-Democracy protesters in Hong Kong. Elsewhere, Iowa Rep. Steve King stayed true to character when sharing his thoughts on reproduction.


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  # 2301644 19-Aug-2019 13:01
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geekIT:

 

DENMARK OFFERS TO BUY U.S.

 

 


COPENHAGEN (The Borowitz Report)—After rebuffing Donald J. Trump’s hypothetical proposal to purchase Greenland, the government of Denmark has announced that it would be interested in buying the United States.

 

“As we have stated, Greenland is not for sale,” a spokesperson for the Danish government said on Friday. “We have noted, however, that since the establishment of of the Trump regime, pretty much everything in the United States, including its government, is for sale.”

 

“Denmark would be interested in purchasing the United States in its entirety,” the spokesperson added, "with the exception of its government, of course".

 

A key provision of the purchase offer, the spokesperson said, would be the relocation of Donald Trump to another country “to be determined,” with Russia, North Korea or Mars cited as possible destinations.

 

If Denmark’s bid for the United States is accepted, the Scandinavian nation has ambitious plans for its new acquisition. “We believe that, by giving the U.S. a proper democratic government, along with fully functioning education, judicial and health care systems, it could be transformed, in time, into a first world country,” the spokesperson said.

 

 

 

 

 

 

Maybe they could offer to swap it for California.... perhaps they could offering it on the basis of a 100 year lease.


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  # 2301725 19-Aug-2019 14:55
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sir1963: Maybe they could offer to swap it for California.... perhaps they could offering it on the basis of a 100 year lease.

 

Actually, California might turn to be the only state in the U.S. with any real value when it secedes from the Union and does its own thing.





Any fool can make money, but it takes a special person to earn the respect of respectable people.


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  # 2301848 19-Aug-2019 18:59
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Who says prostitution is illegal in America? Trump has depended on American voters overlooking his many faults and indiscretions, because the economy was doing well, their 30 pieces of silver.



Recession watch: What is an ‘inverted yield curve’ and why does it matter?

Washington Post,
By Jonnelle Marte

Stock markets tanked Wednesday after the bond market sounded a loud warning that the U.S. economy might be headed toward a recession.

Investors are spooked by a scenario known as the “inverted yield curve,” which occurs when the interest rates on short-term bonds are higher than the interest rates paid by long-term bonds. What it means is that people are so worried about the near-term future that they are piling into safer long-term investments.

In a healthy economy, bondholders typically demand to be paid more — or receive a higher “yield” — on longer-term bonds than they do for short-term bonds. That’s because longer term bonds require people to lock their money up for a greater period of time — and investors want to be compensated for that risk. In contrast, bonds that require investors to make shorter time commitments, say for three months, don’t require as much sacrifice and usually pay less.

Just think about the deposits in your bank account, which are in many ways a loan to the bank. You can withdraw that money at any time, so the bank doesn’t pay you a high interest rate. By comparison, if you lock up your money in the bank for a year or longer, you’ll get higher rates. The bond market works similarly: The longer you lend your money, the higher return you’ll get.

For U.S. government securities — known as Treasury bonds — that relationship has now turned upside down. On Wednesday morning, the yield on the 10-year Treasury temporarily fell below the yield on the two-year Treasury for the first time since 2007. (It later recovered slightly.)
...
Other parts of the yield curve have been inverted for a few months. For instance, three-month Treasurys have been yielding more than 10-year Treasurys since late May. The gap became more dramatic Wednesday, with three-month Treasurys paying nearly 0.4 percentage points more than 10-year Treasurys as of midafternoon, greater than the 0.1 percent difference seen in late May.

The more pronounced inversion is a sign that people are more concerned about the fallout of the trade war between the U.S. and China and worried by signs that economic growth may be slowing around the globe.

So why do investors care?

The yield curve has inverted before every U.S. recession since 1955, although it sometimes happens months or years before the recession starts. Because of that link, substantial and long-lasting inversions of the yield curve are largely viewed as a strong predictor that a downturn is on the way.

Two researchers for the Federal Reserve Bank of San Francisco summed it up in a letter they published last year. “Forecasting future economic developments is a tricky business, but the [yield curve] has a strikingly accurate record for forecasting recessions,” they wrote. “Periods with an inverted yield curve are reliably followed by economic slowdowns and almost always by a recession.”

The fact that people are willing to take such little money for their long-term bonds suggests that they aren’t too worried about inflation, says Brian Rehling, co-head of global fixed income strategy for the Wells Fargo Investment Institute. If they aren’t too worried about inflation, it also suggests that they expect the economy to grow more slowly in the future, he says. Inflation usually picks up when the economy is hot.

“Essentially, investors are saying, ‘We’re worried about economic weakness,’ ” Rehling said.

The yield curve inversion also suggests that investors expect the Federal Reserve to keep cutting short-term interest rates in an effort to boost the economy, Rehling says.

Fed officials cut the benchmark interest rate by 0.25 percentage points last month, the first rate cut since December 2008. Investors are now expecting the Fed to cut rates by another 0.25 percentage points during its next meeting in September.

There are reasons to have hope the economy won’t go into a recession. The labor market is strong, and most people who want a job are able to get one. Consumers are still opening up their wallets, which is lifting economic growth.

Even if the shift in the yield curve is followed by a recession, the slowdown might not happen right away. A look back at previous downturns shows that yields have typically inverted an average of 18 months before the start of the recession.

https://www.washingtonpost.com/business/2019/08/14/recession-watch-what-is-an-inverted-yield-curve-why-does-it-matter/

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  # 2301899 19-Aug-2019 19:30
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Trump's large union crowd at Shell was given the option of not showing up — and not getting paid

Pittsburgh Post-Gazette By Anya Litvak

The choice for thousands of union workers at Royal Dutch Shell’s petrochemical plant in Beaver County was clear Tuesday: Either stand in a giant hall waiting for President Donald Trump to speak or take the day off with no pay.

“Your attendance is not mandatory,” said the rules that one contractor relayed to employees, summarizing points from a memo that Shell sent to union leaders a day ahead of the visit to the $6 billion construction site. But only those who showed up at 7 a.m., scanned their ID cards, and prepared to stand for hours — through lunch but without lunch — would be paid.

“NO SCAN, NO PAY,” a supervisor for that contractor wrote.
...
One union leader reached Friday who asked not to be named because he did not want to make trouble for his workers said one day of work might amount to about $700 in pay, benefits and a per diem payment that out-of-town workers receive.

Mr. Fisher said Friday that “this was treated as a paid training day with a guest speaker who happened to be the president.”
...
The contractor's talking points, preparing his workers for the event read:

“No yelling, shouting, protesting or anything viewed as resistance will be tolerated at the event. An underlying theme of the event is to promote good will from the unions. Your building trades leaders and jobs stewards have agreed to this.”

Mr. Trump received a generally warm and at times cheerful welcome at Shell, where he praised natural gas extraction in Appalachia and talked about his political grievances and name-called some opponents.

Shell will process natural gas into plastic pellets when the plant is operational.

The president also called out union leadership, which Shell had requested to be in attendance.

“I’m going to speak to some of your union leaders to say, ‘I hope you’re going to support Trump.’ OK?” he said. “And if they don’t, vote them the hell out of office because they’re not doing their job.”
...

https://www.post-gazette.com/business/powersource/2019/08/16/Trump-speech-union-crowd-Shell-ethane-plant-natural-gas-beaver-county-pennsylvania-attendance-pay-overtime/stories/201908160113

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