***Official Political Discussion Thread***

[IATT]

 

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[Brownstone]

There’s three things money can’t buy: true love, home grown tomatoes, and the satisfaction of seeing the Fed’s attempt to undercut wages falling flat on its face.

I’m hoping that these rate hikes continue to not have a negative effect on employment and wages and that Powell will have to reverse course because the Mortgage/Real Estate/Tech/US State itself complains enough about how high rates are ruining them and he has to reverse course.

Rate hikes should increase wages relatively no?

And I haven't dug in, but employment gains have been carried by service and ancillary industries that lagged behind coming out of the pandemic no?

 

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[frink85]

So 15 years old

 

[polar610]

Probably fourteen and a half

 

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[Wargames]

 

[Wargames]

 

[TooOlfForThisIsh]

I just wanna know how people still learning the hard way when it comes to their trump.. you got decades worth of evidence

Direct link to the article on MSNBC

Opinion | The true cost of Dominion’s devastating Fox News bombshells

The result just might be a financial death penalty for the network.

www.msnbc.com

 

[wavycrocket]

 

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[IATT]

dwalk31

 

[wavycrocket]

Peter Thiel really the devil.

 

[gry60]

https://www.vox.com/world-politics/2023/3/10/23634464/deal-saudi-arabia-iran-china-explained

Welcome to the post-America moment in the Middle East.


US influence has been eroding for decades, from the destructive overreach of the post-9/11 years to the transactional diplomacy of President Donald Trump.


Here we are now officially, with China brokering a detente deal between the Kingdom of Saudi Arabia and Iran.


On Friday, Saudi Arabia and Iran restarted diplomatic relations after seven years of high tensions and violent exchanges between them. Within two months, they will reopen embassies and have both pledged “respect for the sovereignty of states and noninterference in their internal affairs.” The two countries have been engaged in a proxy war in Yemen over the past eight years that has calmed down until recently, and have been on opposite sides of conflicts throughout the Middle East, in Lebanon, Syria, and Iraq. While normalization may not mean a cessation of violence throughout the region, the pause in outright hostilities between the two should be welcomed by all. The breakthrough builds on several years of talks in Iraq and Oman.


And the most interesting dynamic may be that China led the way.


“If you create a diplomatic vacuum, someone’s going to fill it. That’s basically what’s happened to US policy in the Gulf,” says Chas Freeman, a retired career diplomat with extensive experience in the Middle East and China. “It’s a really major development.”

 

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[stuntman mike]

the comments

 

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[TooOlfForThisIsh]

Mittens is a tool, but I don’t see the contrast here. Shareholders and depositors are fundamentally different stakeholders.

 

[RustyShackleford]

Mitt Romney didn't care about the amount of collateral damage that would be caused if automakers went bankrupt

He specifically wanted the bankruptcy to be used so workers could get worse labor deals and pensions

So if he didn't care about the downstream consequences for working-class people, but he has concerned for the depositors here. Which I would guess are way more affluent that people working on assembly lines in Detriot in 2008

 

[IATT]

Mitt Romney didn't care about the amount of collateral damage that would be caused if automakers went bankrupt

He specifically wanted the bankruptcy to be used so workers could get worse labor deals and pensions

So if he didn't care about the downstream consequences for working-class people, but he has concerned for the depositors here. Which I would guess are way more affluent that people working on assembly lines in Detriot in 2008

isnt it above the 250 gs threshold that isn’t currently insured?


Hard to hear arguments currently from those who have taken strong positions on certain subjects, like recent student loan forgiveness

 

[IATT]

For example, we get the qualifications that are being asked for in the job market

and the burdens of society

and yet

 

[RustyShackleford]

Yeah, **** Larry Summers for that

It is clear hypocrisy