***Official Political Discussion Thread***

[RustyShackleford]

The Trump administration is like bizarro hummus. Something Jews and Muslims can come together and both hate.

 

[RustyShackleford]

Here is another example of Buffoonomics.

passes tax reform

Dummy can't even repeal Obamacare with a House and Senate Republican MAJORITY and a loss of $500 billion in savings which was to offset revenue reductions from a tax reform.

But somehow Trump is going to get those same Conservatives to agree to increase the deficit and a new border-adjustment tax? A new TAX code? Yeah good luck with that!

No wonder stocks crashed this month of March. Investors now realize... Trump is nothing but a fraud and can't get anything accomplished.

there's way more of broad coalition to pass tax reform, and all da major heads support border adjustment tax.

i hope it passes, cuz if it does? Dollar value gonna spike, and gold is going back to da OG 90's era

You realize if the dollar increases, that will hurt trade.

it won't because a stronger dollar will meet increased prices on imports, and it creates a incentive to buy domestic first.

besides, da Chinese do it to us...bout time we even da score...and gold/energy prices plummets as a result is a glorious thing.

Ninja wants the dollar to increase so it we will import less (actually it will make us import more, he has no idea what he is talking about)

But his papi has the exact opposite wish. He was the dollar to depreciate............

http://www.cnbc.com/2017/04/11/dollar-at-5-month-lows-vs-yen-on-rising-geopolitical-tensions.html

The dollar fell to session lows on Wednesday after President Donald Trump told the Wall Street Journal he thinks the currency is getting "too strong."

The greenback last traded about 0.4 percent lower against a basket of currencies, with the euro rising to trade at $1.064. The yen also hit a session high against the dollar, last trading around 109.3.

So to be clear. Ninja wants Trump to pass his tax plan, because he feels it will increase the value of the dollar and encourage domestic spending (it won't), yet Trump wants the exact opposite to happen in regards to the dollar (for it to weaken). Probably because someone explain to him basic exchange rates.

Ninja and Trump are in disagreement where they want the exchange rate. Yet Ninja supports Trump's tax reform efforts.

So when he comes in here talking about taxes again, just point at laugh.

 

[ninjahood]

Vital........

dem Russia Collusion talks been REAL quiet...

meanwhile there was a FISA warrant on on Trump Tower...go figure

 

[gry60]

Ninjahood should've bought more sneakers from overseas stores. He would've understood the effect of a strong currency.

 

[jape]

Ninjahood should've bought more sneakers from overseas stores. He would've understood the effect of a strong currency.

lmao ninjatruck aint been out of new york

 

[everysingletime]

Economics isn't my field

Someone explain weak vs strong currency to me?

 

[RustyShackleford]

Economics isn't my field

Someone explain weak vs strong currency to me?

Not trying to be condescending. But for a novice this video does a good job of breaking it down.

 

[harlemtothebronx]

Over my limit but props for that video.

 

[hand2handking]

its basically how much a dollar spends internationally *i think

edit: good vid

 

[ninjahood]

Ninjahood should've bought more sneakers from overseas stores. He would've understood the effect of a strong currency.

strong dollar when you travel >*

 

[Based Jesus]

 

Ninjahood should've bought more sneakers from overseas stores. He would've understood the effect of a strong currency.

strong dollar when you travel >*

But you dont travel 

 

[RustyShackleford]

 

Ninjahood should've bought more sneakers from overseas stores. He would've understood the effect of a strong currency.

strong dollar when you travel >*

But you dont travel 

He be to the DR a couple times b

 

[Mark Antony]

Ohh, Washington Heights to the DR, what a diverse journey.

 

[ninjahood]

Economics isn't my field

Someone explain weak vs strong currency to me?

Not trying to be condescending. But for a novice this video does a good job of breaking it down.

that video implied that outsourcing is done because da products are "better made by others"

clearly there 2 schools of thought and this video takes da free trading globalist international view, meanwhile not talking honestly about da clear downside of gutting your manufacturing.

go ask those workers of Majestic who are relieved they're keeping their jobs cuz MLB uniforms wont be outsourced after Under Armour takes over

http://www.philly.com/philly/blogs/...hat-made-Major-League-uniforms.html?mobi=true

Fanatics, the pro- and college-team gear sales group owned by the Conshohocken-based online-retail mogul Michael Rubin, has agreed to purchase VF Corp.'s Licensed Sports Group and its Majestic factory in Palmer Township near Easton, and to keep the 600-worker plant busy making major-league baseball uniforms and fan gear under a deal with Under Armour Inc.

Workers at the factory, a remnant of the clothing industry that once employed hundreds of thousands in Philadelphia, the Lehigh Valley, and other parts of eastern Pennsylvania, saw their future in doubt when VF put Majestic up for sale a year ago. VF owns the North Face, Timberland, Wrangler, and Lee brands, among others.

Tension rose in December when the company lost its contract to supply uniforms to major-league baseball. The pros instead gave the business to Under Armour, starting in 2020.


While Majestic officials urged Under Armour to subcontract work to the plant, and workers mobilized to pressure baseball into keeping the work in Pennsylvania, Easton Mayor Sal Panto Jr. appealed to President Trump to move some of his family's clothing-manufacturing contracts with foreign companies to Majestic.

But on Tuesday, Under Armour said in a statement that it has agreed to "continuing the longstanding tradition of major-league baseball's on-field uniforms being built by the dedicated workers of Easton, Pennsylvania, home of Majestic’s facility. The men and women of Easton will continue to play a major role in building Under Armour’s MLB team apparel business."

Gov. Wolf and baseball commissioner Robert D. Manfred Jr. visited the Easton plant to congratulate Majestic workers on the deal.


Under Armour shares fell 1.8 percent in trading Tuesday, to $18.02. The stock has lost more than half its value since last fall, as the bankruptcy of Sports Authority and declining sales at other retail chains have eaten into the sportswear-maker's profits.

The chains' loss has been Fanatics founder Rubin's gain: He has built a series of digital retailing companies, advertising Fanatics on pay-TV sports networks and the internet to sell fan gear directly in the internet and smartphone era.


Members of Workers United, the Service Employees' International Union affiliate that represents sewing workers, embroiderers, and packers at the plant, cheered the deal. In a statement, the union praised the "support and solidarity" shown by another labor union — the Major League Players' Association — whose leaders spoke up for keeping uniform production at the plant instead of moving it overseas or to a cheap nonunion contractor.

"We have a good working relationship with Majestic, and we are looking forward to continuing that with Fanatics," Jozena Oliver, a Workers United shop steward who works at Majestic, said in a statement distributed by the union.

"We applaud MLB's decision; it's the right decision," added coworker Sam Patti. "As my grandma would say, 'If it ain't broke, don't fix it.' "

In 2011, Rubin sold his GSI Commerce to eBay for $2.4 billion and bought full control of Fanatics later that year. He hired managers from Comcast, Orbitz, and other companies and cut deals with Comcast's NBC and other cable networks to boost sales.

Fanatics has principal offices in Jacksonville, Fla., and San Mateo, Calif. VF, which was formerly based in Reading (and ran clothing mills on the city's west side, in the long brick sheds where VF Outlet retail stores were later located), is headquartered in Greensboro, N.C. Majestic is based in Tampa, Fla.

Seller VF and buyer Fanatics did not disclose terms of the deal.

In 2015, the NBA hired Fanatics to run its New York store on Fifth Avenue. Besides pro baseball, Fanatics operates e-commerce sales channels for products featuring the approved logos of Major League Soccer, the NBA, NFL, NASCAR, and the Professional Golf Association.

Fanatics sells gear emblazoned with the logos of more than 200 pro and college teams, such as the New York Giants, Seattle Seahawks, Chicago Bulls, Boston Celtics, Pittsburgh Pirates, San Jose Sharks, Notre Dame, Alabama, Manchester United, Real Madrid, and Manchester City, among other popular brands.

as someone who is a avid consumer, nothing beats American made apparel..you pay a lil more but da quality is undeniable, and more importantly people have pride and da employment of making things here.

 

[ninjahood]

 

Ninjahood should've bought more sneakers from overseas stores. He would've understood the effect of a strong currency.

strong dollar when you travel >*

But you dont travel 

i go to DR all da time... anything else u wanna be wrong about?

 

[ninjahood]

Ohh, Washington Heights to the DR, what a diverse journey.

doesn't negate my point [emoji]128523[/emoji]

 

[RustyShackleford]

You think you're doing but all your post just showed is that you do not understand comparative advantage.

 

[ninjahood]

You think you're doing but all your post just showed is that you understand comparative advantage.

wake me when Tax reform is on da plate [emoji]128564[/emoji].

da Russia Collusion story just got put to sleep, US got China rebuffing North Korean Coal & coppin from us, and Dodge just dropped da 840HP demon hemi

 

[ninjahood]

 

[RustyShackleford]

There is not two schools of thought. An economist made a simple statement that you tried to argue against because you are too ignorant to notice your ignorance.

 

[Armada]

Vital........

dem Russia Collusion talks been REAL quiet...

meanwhile there was a FISA warrant on on Trump Tower...go figure

You do realize that means there was probably cause right? Like that's not a good thing that doesn't vindicate trump

 

[ninjahood]

There is not two schools of thought. An economist made a simple statement that you tried to argue against because you are too ignorant to notice your ignorance.

c'mon b [emoji]128530[/emoji]

even Bernie Sanders in his condemnation of da TPP shot down these points in da video.

here's a unbiased both sides trade talk.

http://www.wnyc.org/story/30-issues-tpp-and-history-trade-policies/

 

[ninjahood]

Vital........

dem Russia Collusion talks been REAL quiet...

meanwhile there was a FISA warrant on on Trump Tower...go figure

You do realize that means there was probably cause right? Like that's not a good thing that doesn't vindicate trump

FOR Carter Page.... however Susan Rice unmasking Americans on surveillance for political gamesmanship..big no no.

trope already dropped off, now we're on da North Korean "won't they, will they"

 

[Based Jesus]

 

 

 

Ninjahood should've bought more sneakers from overseas stores. He would've understood the effect of a strong currency.

strong dollar when you travel >*

But you dont travel 

i go to DR all da time... anything else u wanna be wrong about?

Nah I fulfilled my quota for the day

 

[lightweight champion]

Intel Community said Susan Rice didn't do anything outside of legal parameters.