Virgil Showlion
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Post by Virgil Showlion on Apr 1, 2016 11:00:56 GMT -5
You have greater faith in US banking regulators than I do. But... fair enough. We shall wait and see. Also, that reminds me... I tagged you in another thread but Proboards must have eaten it: How goes your quest to adopt a Syrian refugee? What progress have you made since the end of December?
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djAdvocate
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Post by djAdvocate on Apr 1, 2016 11:04:33 GMT -5
You have greater faith in US banking regulators than I do. But... fair enough. We shall wait and see. Also, that reminds me... I tagged you in another thread but Proboards must have eaten it: How goes your quest to adopt a Syrian refugee? What progress have you made since the end of December? i have faith in American outrage. nothing more or less. more faith than ever. we do outrage really well. we are working with the state department to house a Syrian family in a local low income housing project. thanks for asking. they said that our house (which only has one spare bedroom and no spare bath or private access) was unsuitable. edit: the Housing project is less than a mile from work, and we plan on checking in on them once a week to make sure their needs are being met.
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mmhmm
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Post by mmhmm on Apr 1, 2016 12:50:49 GMT -5
BTW- How does one "tag" someone? I can't do it..... Tag by typing the @ sign followed by the username of the person you wish to tag.
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billisonboard
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Post by billisonboard on Apr 1, 2016 12:52:53 GMT -5
BTW- How does one "tag" someone? I can't do it..... deminmaine, you hit the little @person button, start to type in a name and find the exact one in the list that starts to appear and click on it. It might be a little tricky with those who have played with their names but I have never really had a problem finding anyone.
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Virgil Showlion
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Post by Virgil Showlion on Apr 1, 2016 13:01:29 GMT -5
It's not the government coming after your savings. It's the government authorizing your bank to come after your savings (in exchange for worthless equity) in the event of insolvency. Why do I think it will happen? Several reasons. It's already the law of the land in several European countries. It's soon to be the law of the land in Canada, thanks owed to the Liberal government under PM Trudeau. And despite the assurances of US policymakers that US banks are too well-capitalized to fail (and moreover, that US banking regulations would never screw Mom & Pop Mainstreet out of their hard-earned cash), US banks most assuredly aren't too well-capitalized to fail, and US banking regulations can, have, and will continue to screw Mom & Pop Mainstreet out of their hard-earned cash when it's either Main Street or Wall Street. Furthermore, as demin's article points out, you're already well on your way there. Incrementalism. It works wonders in disarming the masses. That article pointed out nothing of the kind. It pointed out that bondholders would potentially be on the hook. (the equity isn't automatically "worthless, btw. I rue selling MS....) There is a world of difference between implied liability of stakeholders for their stake and the sanctity of deposits by bank customers. There are FDIC laws that would have to be changed and abrogated. The whole idea is a RW fantasy/ nightmare, quite frankly.
I'm not sure that having that kind of a caveat for bondholders isn't a totally bad idea, btw. Of course the market will treat those bond values accordingly.
You may think there's a world of difference between the two. I think it's the stroke of a pen. djAdvocate: No words, man. But... you're walking the walk. Props.
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Deleted
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Post by Deleted on Apr 1, 2016 13:03:08 GMT -5
Of course we reject it. It's nonsense. (Not necessarily the idea of the Curve itself, but the notion that we as a society have EVER been on the downward-sloping side of it.) As I recall the reading, the midpoint of estimates for where the revenue-maximizing peak of the curve is located is at around the 70% rate. We are nowhere near, and have never been anywhere near that rate. If you are on the left side of the curve, tax increases raise revenue and tax cuts decrease them. We are firmly and have always been firmly on the left side of the curve. Tax revenues have never fallen outside the 17.5 +/- 2.5% of GDP band for more than a year or two in over 70 years, despite a sweeping range of tax policies. At the very least, that tends to suggest that the US is sitting reasonably close to the inflection point in the curve. Not that I'm endorsing Mr. Trump's suicidal tax policy by any means. Since all tax policy must originate in the House of Representatives, Mr. Trumps tax wishes are restricted to advisement only.
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mmhmm
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Post by mmhmm on Apr 1, 2016 13:52:10 GMT -5
Thanks mmhmm and bill, I almost trried that, but when I saw it ape in the post I backed off.....
billisonboard mmhmm Yay! It worked! I usually just type the @ and the username. It's faster for me than messing with the button.
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billisonboard
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Post by billisonboard on Apr 1, 2016 14:08:41 GMT -5
Thanks mmhmm and bill, I almost trried that, but when I saw it ape in the post I backed off.....
billisonboard mmhmm Yay! It worked! I usually just type the @ and the username. It's faster for me than messing with the button. I know that dj, virgil, and paul have a different username than what appears when they post. Does that matter?
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mmhmm
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Post by mmhmm on Apr 1, 2016 14:17:19 GMT -5
Yay! It worked! I usually just type the @ and the username. It's faster for me than messing with the button. I know that dj, virgil, and paul have a different username than what appears when they post. Does that matter? Yes, it does. You must use the username, not the display name. You can get a poster's username by hovering your cursor over the display name, or by accessing that poster's profile.
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billisonboard
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Post by billisonboard on Apr 1, 2016 14:32:38 GMT -5
I know that dj, virgil, and paul have a different username than what appears when they post. Does that matter? Yes, it does. You must use the username, not the display name. You can get a poster's username by hovering your cursor over the display name, or by accessing that poster's profile. The button lets you type the display name and then converts it to the user name for you. Heck I type a "p" and paul's link comes up. I think that the computer gods just know that is who I want to tag.
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mmhmm
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Post by mmhmm on Apr 1, 2016 14:42:24 GMT -5
Yes, it does. You must use the username, not the display name. You can get a poster's username by hovering your cursor over the display name, or by accessing that poster's profile. The button lets you type the display name and then converts it to the user name for you. Heck I type a "p" and paul's link comes up. I think that the computer gods just know that is who I want to tag. LOL! Yeah, I know how the button works. I just don't use it unless I really don't know the username and don't have a post by the poster I wish to tag at hand. Just easier for me to type it.
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djAdvocate
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Post by djAdvocate on Apr 1, 2016 15:05:22 GMT -5
That article pointed out nothing of the kind. It pointed out that bondholders would potentially be on the hook. (the equity isn't automatically "worthless, btw. I rue selling MS....) There is a world of difference between implied liability of stakeholders for their stake and the sanctity of deposits by bank customers. There are FDIC laws that would have to be changed and abrogated. The whole idea is a RW fantasy/ nightmare, quite frankly.
I'm not sure that having that kind of a caveat for bondholders isn't a totally bad idea, btw. Of course the market will treat those bond values accordingly.
You may think there's a world of difference between the two. I think it's the stroke of a pen. djAdvocate : No words, man. But... you're walking the walk. Props. i will post pictures of them, once they are housed. they have not even been SELECTED yet, however.
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mmhmm
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Post by mmhmm on Apr 1, 2016 18:42:09 GMT -5
You may think there's a world of difference between the two. I think it's the stroke of a pen. djAdvocate : No words, man. But... you're walking the walk. Props. i will post pictures of them, once they are housed. they have not even been SELECTED yet, however. I'm anxious to see the family if they're willing to have their pictures posted. I hope they're able to settle in and feel safe. Thanks, dj, for what you're doing.
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happyhoix
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Post by happyhoix on Apr 4, 2016 8:25:21 GMT -5
You may think there's a world of difference between the two. I think it's the stroke of a pen. djAdvocate : No words, man. But... you're walking the walk. Props. i will post pictures of them, once they are housed. they have not even been SELECTED yet, however. This is so awesome!
An ex co-worker was married to a Syrian, and back in the 80-90's they were helping his two younger brothers get through college here in the US (one was becoming a dentist, can't remember what the other one was studying). He had a large family back in Syria and when things started to go south they tried to convince them to leave, but the family had a farm and some rental properties in one of the cities and they were reluctant to leave them unprotected. I need to contact her, I haven't talked to her since everything got really bad over there.
It's hard to imagine having to take your kids and elderly relatives and flee someplace you lived your whole life, for generations back, leaving all that family history behind to become refugees somewhere that doesn't want you. This is a great thing you're doing.
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Value Buy
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Post by Value Buy on Apr 4, 2016 8:39:56 GMT -5
You may think there's a world of difference between the two. I think it's the stroke of a pen. djAdvocate : No words, man. But... you're walking the walk. Props. i will post pictures of them, once they are housed. they have not even been SELECTED yet, however. Why post pictures of them? Kind of intrusive, imo.
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djAdvocate
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Post by djAdvocate on Apr 4, 2016 9:42:15 GMT -5
i will post pictures of them, once they are housed. they have not even been SELECTED yet, however. Why post pictures of them? Kind of intrusive, imo. i will only do it with permission, bro.
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djAdvocate
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Post by djAdvocate on Apr 4, 2016 10:54:00 GMT -5
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happyhoix
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Post by happyhoix on Apr 4, 2016 16:03:03 GMT -5
So what about the possibility of Paul Ryan stepping in at the Convention when Trump fails to win on the first vote? (I understand the feeling is, if Trump doesn't win on the first count, he isn't going to win).
Ryan is saying no, no, no, but he said that about accepting his last job, too.
If he does step forward, will Trumps' supporters burn the place down because an establishment GOP person grabbed the nomination away from Trump?
By the way, I think this may be the first convention, either Democratic or Republican, in my lifetime, that I think will be interesting and not just a confetti party. Might be a brawl!
EDITTED because I am an idiot with names.
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billisonboard
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Post by billisonboard on Apr 4, 2016 16:06:21 GMT -5
... Paul is saying no, no, no, but he said that about accepting his last job, too. ... Might you mean Paul Ryan, Speaker of the House?
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happyhoix
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Post by happyhoix on Apr 4, 2016 16:12:38 GMT -5
... Paul is saying no, no, no, but he said that about accepting his last job, too. ... Might you mean Paul Ryan, Speaker of the House?DANG IT!
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billisonboard
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Post by billisonboard on Apr 4, 2016 16:19:29 GMT -5
Would certainly be a contrast with Trump the outsider: Ryan received a Bachelor of Arts in 1992 with a double major in economics and political science.[27] ...
Betty Ryan reportedly urged her son to accept a congressional position as a legislative aide in Senator Kasten's office, which he did after graduating in 1992.[29][46][47] In his early years working on Capitol Hill, Ryan supplemented his income by working as a waiter, as a fitness trainer, and at other jobs.[17][31]
A few months after Kasten lost to Democrat Russ Feingold in the November 1992 election, Ryan became a speechwriter for Empower America (now FreedomWorks), a conservative advocacy group founded by Jack Kemp, Jeane Kirkpatrick, and William Bennett.[17][48][49] Ryan later worked as a speechwriter for Kemp,[50] the Republican vice presidential candidate in the 1996 United States presidential election. Kemp became Ryan's mentor, and Ryan has said he had a "huge influence".[51] In 1995, Ryan became the legislative director for then-U.S. Senator Sam Brownback of Kansas. In 1997 he returned to Wisconsin, where he worked for a year as a marketing consultant for the construction company Ryan Incorporated Central, owned by his relatives.[20][48][52] U.S. House of Representatives Elections
Ryan was first elected to the House in 1998, ... en.wikipedia.org/wiki/Paul_Ryan One year (maybe) not being in politics?
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marvholly
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Post by marvholly on Apr 5, 2016 5:48:28 GMT -5
So what about the possibility of Paul Ryan stepping in at the Convention when Trump fails to win on the first vote? (I understand the feeling is, if Trump doesn't win on the first count, he isn't going to win).
Ryan is saying no, no, no, but he said that about accepting his last job, too.
If he does step forward, will Trumps' supporters burn the place down because an establishment GOP person grabbed the nomination away from Trump?
By the way, I think this may be the first convention, either Democratic or Republican, in my lifetime, that I think will be interesting and not just a confetti party. Might be a brawl!
EDITTED because I am an idiot with names.
I have been wondering, thinking, hoping for a draft Speaker Ryan movement too. Do not know most of his positions but wouldcertainly be interested in finding out. Suspect he is a major pragmatist.
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AgeOfEnlightenmentSCP
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Post by AgeOfEnlightenmentSCP on Apr 28, 2016 16:05:06 GMT -5
Wow. Well, it's been a little while (It will NOT STOP hailing in Texas- it's keeping me hopping)... It looks to me that The Donald has this thing wrapped up, and I believe- he's going to beat Hillary like a drum. And I don't think I'm wrong this time and I'll tell you why: Ted Cruz (and all the other GOP candidates) can't beat Trump running an ordinary campaign. They can't beat him with their clever political smarts which begin and end with a formula with call kinds of built-in assumptions. Donald Trump is doing something I have long hoped a Republican would do (I honestly hoped it would be Cruz), and it is something Obama did and it was a sight to behold: he's winning a political campaign with an air war. The way both of these parties do it is they begin with the thought that the electoral map is already carved up, and they need to focus on a handful of districts in seven or so states. Trump never thought that. He has come in and carpet bombed the map with the assumption, "I'll just win every vote in every state". I would have SWORN to you that Cruz would have beat him because he had the ground game for the house to house combat it really takes to win. And too little, too late- we're seeing how Cruz might have pulled it off. Clinton is an insider whose consultants are going to run a traditional campaign. She's going to try the old playbook (she should ask Ted Cruz how the "I'm the real conservative" thing worked out) about Republicans wanting to poison the air and water, force women to wear heart monitors for their unborn childrend, deport every third person in the country, and whatever else it is Democrats say at election time; and Trump is going to be Trump and she won't have a pre-programmed response for him. I give you Romney v. Obama. Romney clubs Obama like a baby seal in the first debate. The talking heads and consultants say, "That looks kinda mean" and Romney predictably backed off and he choked. Clinton is banking on Trump reading the script. This Tuesday should give us all a preview of the new script: Trump wins. Opponents lose. Every argument and excuse (he wins blue states, he wins open primaries, yada yada yada) are out the window. Donald Trump won every county in five states, and every last congressional district in PA. He's going to literally wipe Ted Cruz out of this thing in Indiana. Then he's going to unleash on Hillary, and he's not going to let up. And let me tell you something: these #NeverTrump idiots have all the same pent up frustration about the GOP never fighting back, never just wiping these Democrats out-- are going to be so fired up, that the Hillary campaign will utterly implode. His 5% of the vote statement might not be that far off... Links: What Donald Trump Saw That Cruz Did Not: www.weeklystandard.com/what-trump-saw-and-cruz-did-not/article/2002126
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dondub
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Post by dondub on Apr 28, 2016 19:06:04 GMT -5
BS. The evangelicals won't be running to the polls to vote Trump, so the Repo numbers will be down. Bernie's folks will vote for Hillary as risking the odious Trump is just too much. Then there are the mainstreamers on both the D and R side that vomit at the thought of Trump as POTUS. Case closed.
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Post by Opti on Apr 28, 2016 19:19:36 GMT -5
I don't think she is. She actually knows this guy in RL. He's going to play his game and she'll play hers. I don't know what Trump is going to do, but he's not going to win over the anti-Trump crowd.
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Post by billisonboard on Apr 28, 2016 22:36:05 GMT -5
... ... I believe- he's going to beat Hillary like a drum. And I don't think I'm wrong this time ... Come on Paul, when have you ever said "I believe 'X' and I think I'm wrong this time"?
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djAdvocate
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Post by djAdvocate on Apr 29, 2016 16:58:02 GMT -5
Wow. Well, it's been a little while (It will NOT STOP hailing in Texas- it's keeping me hopping)... It looks to me that The Donald has this thing wrapped up, and I believe- he's going to beat Hillary like a drum. first of all, he does not have the nomination wrapped up. he needs to win Indiana, imo. secondly, there is no evidence whatsoever that The Donald will beat a sack of wet flour, Hillary Clinton, or any other candidate. thirdly, i would rather have pernicious anemia than read anything from the Weekly Standard.
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djAdvocate
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Post by djAdvocate on Apr 29, 2016 16:59:10 GMT -5
I'll give you this; there is some truth to what you say. The Donald has run a most nontraditional campaign that flummoxed the competition, and no doubt he will do something similar (but more "Presidential") with Hillary. It will be interesting, maybe even fascinating to see.
I still don't see how he beats all of his negatives. I still see Hillary clocking him. But then, every Republican challenger said the same thing. Again, it could be an amazing race. :~) he's flummoxed the competition on the GOP side, that is for sure. but there is little evidence that outside of the birther third of the US, he has much appeal.
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Post by Value Buy on Apr 29, 2016 17:15:10 GMT -5
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Post by djAdvocate on Apr 29, 2016 17:22:59 GMT -5
if he loses the next three races, he will be well below target. of course, Cruz has to ALSO win California, and he is 6% behind right now.
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