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The Real timschochet

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1 minute ago, squistion said:

It was a bad debate performance and pick a reason (bad cold, jet lag) but whatever the cause, it unfortunately reinforced the "Dementia Joe" false meme that Fox and right wing media had been running with. 

He lost support because the perception was he couldn't win. So for the good of the Democratic Party and the country, he dropped out. Considering how well Kamala is doing the polls (and she hasn't peaked yet) it seems a wise decision on his part. 

So wait..His own party believed because he had jet lag he couldn't be President. Was that what George Clooney and the NYT were talking about?  Why was there a perception he couldn't win?  Can Presidents not get colds?   Seems like a massive over reaction by his own party to a little jet lag.  Why did Nancy Pelosi call him out?  Shifty Shiff?  They were that concerned that this cold did him in?   Help me understand.

So "fake news" Fox was able to convince the democratic party he was unfit?  I thought you guys didn't give any weight to that source?   This is all so confusing

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Just now, supermike80 said:

So wait..His own party believed because he had jet lag he couldn't be President. Was that what George Clooney and the NYT were talking about?  Why was there a perception he couldn't win?  Can Presidents not get colds?   Seems like a massive over reaction by his own party to a little jet lag.  Why did Nancy Pelosi call him out?  Shifty Shiff?  They were that concerned that this cold did him in?   Help me understand.

So "fake news" Fox was able to convince the democratic party he was unfit?  I thought you guys didn't give any weight to that source?   This is all so confusing

Pelosi didn't call him out, she said something to the effect of (paraphrasing) that the decision was his, and his only, to make.

I am speculating that Schiff's call for him to drop out was based on some inside information he must have had that Biden was indeed stepping down (it makes no sense to me any other way, because if Biden not dropped out and then lost, some finger pointing for the defeat would have been directed at Schiff).

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37 minutes ago, squistion said:

It was a bad debate performance and pick a reason (bad cold, jet lag) but whatever the cause, it unfortunately reinforced the "Dementia Joe" false meme that Fox and right wing media had been running with. 

He lost support because the perception was he couldn't win. So for the good of the Democratic Party and the country, he dropped out. Considering how well Kamala is doing the polls (and she hasn't peaked yet) it seems a wise decision on his part. 

And she hasn't peaked yet.....😅

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Trump today:

 

Quote

Virtually 100% of the net job creation in the last year has gone to migrants In fact I've heard substantially more and actually beyond that number 100%. It’s a much higher number than that but the government has not caught up with that yet.

 

Dude is just lying like crazy anymore. 

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Just now, Beaker15 said:

And she hasn't peaked yet.....😅

No, there is traditionally a bounce in the polls following the convention. Just wait and see. 🍿

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Trump made a great point today about all the jobs that have overwhelmingly gone to foreigners.  He needs to keep driving points like that home. 

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Just now, Sean Mooney said:

Trump today:

Virtually 100% of the net job creation in the last year has gone to migrants In fact I've heard substantially more and actually beyond that number 100%. It’s a much higher number than that but the government has not caught up with that yet.

:mellow:

How could migrants have had substanitally more than 100% of the jobs created last year? Wouldn't 100% be all of the jobs created? 

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Just now, squistion said:

:mellow:

How could migrants have had substanitally more than 100% of the jobs created last year? Wouldn't 100% be all of the jobs created? 

Net.  He said net. You don’t know what that means? 

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39 minutes ago, squistion said:

No, there is traditionally a bounce in the polls following the convention. Just wait and see. 🍿

No chance.  There are only so many idiots like you out there

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52 minutes ago, squistion said:

Pelosi didn't call him out, she said something to the effect of (paraphrasing) that the decision was his, and his only, to make.

I am speculating that Schiff's call for him to drop out was based on some inside information he must have had that Biden was indeed stepping down (it makes no sense to me any other way, because if Biden not dropped out and then lost, some finger pointing for the defeat would have been directed at Schiff).

Wait. If Schiff knew he was going to drop out, why did he say anything before Biden quit?  Thats not logical.

What about clooney and the NYT?  You skipped over them

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23 minutes ago, supermike80 said:

Wait. If Schiff knew he was going to drop out, why did he say anything before Biden quit?  Thats not logical.

What about clooney and the NYT?  You skipped over them

To look prescient would be my guess.

What about Clooney? I don't give a rat's patootie what some actor says. I don't know why the NYT took the position they did but they have never been a sock-puppet of the DNC like some claim. 

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It's over. Trump was just speaking and he was just rambling about nothing while throwing a lie in every once in awhile.  

 

 

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11 minutes ago, squistion said:

To look prescient would be my guess.

What about Clooney? I don't give a rat's patootie what some actor says. I don't know why the NYT took the position they did but they have never been a sock-puppet of the DNC like some claim. 

Sooooo...he came out early just ao he could show he knew ahead of time?  Thats what youre saying here? 

And are you saying clooney is a liar?  His op made it clear biden was as bad during the fundraiser.   Is he a deep fake republican plant too?  None of this is adding up

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1 minute ago, supermike80 said:

Sooooo...he came out early just ao he could show he knew ahead of time?  Thats what youre saying here? 

And are you saying clooney is a liar?  His op made it clear biden was as bad during the fundraiser.   Is he a deep fake republican plant too?  None of this is adding up

No that isn't what I am saying. :rolleyes: That he correctly anticipated how things would play out.

Once again, I don't give a crap what Clooney, Ben Afleck, Brad Pitt, or even Lassie has to say. Actors opinions don't interest me.

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10 minutes ago, squistion said:

No that isn't what I am saying. :rolleyes: That he correctly anticipated how things would play out.

Once again, I don't give a crap what Clooney, Ben Afleck, Brad Pitt, or even Lassie has to say. Actors opinions don't interest me.

But why would he go public?  Considering, like you and others said countless times, Biden was and is 100% lucid and had no reason to quit.  So why?

You dont care about the NYT either huh?  They published it.  So did cnn, msnbc. You know....all your go tos

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2 minutes ago, supermike80 said:

But why would he go public?  Considering, like you and others said countless times, Biden was and is 100% lucid and had no reason to quit.  So why?

You dont care about the NYT either huh?  They published it.  So did cnn, msnbc. You know....all your go tos

You are not paying attention to what I have been saying. He knew or correctly anticipated how this was going to play out which would be later be determined as the correct call and would be a feather in his cap (so to speak).

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10 minutes ago, squistion said:

You are not paying attention to what I have been saying. He knew or correctly anticipated how this was going to play out which would be later be determined as the correct call and would be a feather in his cap (so to speak).

Lol we could do this all day. Its interestibg to see how you try to twist it.  But ive read enough.  God speed

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Just now, IndyColtsFan said:

It keeps getting better (or worse depending on one's perspective). 

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4 minutes ago, squistion said:

It keeps getting better (or worse depending on one's perspective). 

If this were Biden in the photo, MAGAturds, Fox and Newsmax would be jumping around like a bunch of crazed baboons.

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Just now, IndyColtsFan said:

If this were Biden in the photo, MAGAturds, Fox and Newsmax would be jumping around like a bunch of crazed baboons.

Or Walz.

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2 minutes ago, Strike said:

I think that it’s a great idea. If we’re going to invest in the economy there is no better way than to invest in homebuying. It’s the key to everything else. This is exactly what we did after World War II with the GI Bill which created the greatest boom in human history. Sorry if you’re too short-sided to see that. 

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2 minutes ago, The Real timschochet said:

@Strike may hate this idea but I know a lot of people in the homebuilding industry, not to mention lenders, that will love it. And these folks aren’t exactly socialists. 

Of course they'll love it.  It puts more money in their pockets.  They don't care where the money comes from.  But I guess now we know how serious you were about the nation's debt, huh? 

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8 minutes ago, Strike said:

Of course they'll love it.  It puts more money in their pockets.  They don't care where the money comes from.  But I guess now we know how serious you were about the nation's debt, huh? 

No kidding.  He's like a child.

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5 minutes ago, Strike said:

Of course they'll love it.  It puts more money in their pockets.  They don't care where the money comes from.  But I guess now we know how serious you were about the nation's debt, huh? 

Oh I’m extremely serious. How serious are you about it? Do you seriously believe we can address the debt without growing the economy? Maybe we should stop subsidizing the oil industry? Or get rid of corporate welfare? 
 

This is what I meant when I wrote in the other thread that conservatives like yourself aren’t serious about the debt, because all you’re doing is using it to denigrate spending you don’t like. As if this proposal would have a significant impact on us owing 35 trillion dollars. 

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25 minutes ago, IndyColtsFan said:

If this were Biden in the photo, MAGAturds, Fox and Newsmax would be jumping around like a bunch of crazed baboons.

Actually we’d be saying that is clearly a joke photo 

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2 hours ago, Hardcore troubadour said:

Trump made a great point today about all the jobs that have overwhelmingly gone to foreigners.  He needs to keep driving points like that home. 

I know one job that went to a foreigner.  His wife.   Poor lady.  
 

how does a true alpha chad Marry a chick who anyone can google and see her naked ?

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1 minute ago, RaiderHaters Revenge said:

And Bombala is pushing communism 

Nah. 

It is such a great time to be anti-Trump. 

It's like Christmas every day.

🤗

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1 minute ago, RaiderHaters Revenge said:

Actually we’d be saying that is clearly a joke photo 

I don't believe that for a second.

🤣

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16 minutes ago, The Real timschochet said:

@Strike may hate this idea but I know a lot of people in the homebuilding industry, not to mention lenders, that will love it. And these folks aren’t exactly socialists. 

Lenders are going to love handouts that get people into mortgages at high interest rates that can't afford buying a house otherwise?  

No chit Sherlock.  

Big bank is going to love this, must be a great idea!   :doh:

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I believe this proposal won’t add a cent to the debt long term because greater home ownership will lead to economic growth, more spending power, and more revenue. It will actually reduce the debt. 

But I could be wrong. Perhaps I am and this will add another trillion dollars to the debt. So instead of us owing 35 trillion we will owe 36 trillion. If somebody can explain to me why this is a significant difference, or calamitous, then I might buy into @Strike’s argument. But right now I don’t. 

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1 minute ago, JuneJuly said:

Lenders are going to love handouts that get people into mortgages at high interest rates that can't afford buying a house otherwise?  

No chit Sherlock.  

Big bank is going to love this, must be a great idea!   :doh:

The interest rates are still going to have to come down. And they will. 

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August 15, 2024 at 6:42 p.m. EDT

“Price gouging” is the focus of Vice President Kamala Harris’s economic agenda, her presidential campaign says. She’ll crack down on “excessive prices” and “excessive corporate profits,” particularly for groceries.

So what level counts as “excessive,” you might ask? TBD, but Harris will ban it.

That’s the thing about price gouging: As has been said of hardcore pornography, you know it when you see it.

It’s not hard to figure out where this proposal came from. Voters want to blame someone for high grocery bills, and the presidential candidates have apparently decided the choices are either the Biden administration or corporate greed. Harris has chosen the latter.

In a news release Wednesday, her campaign said the first 100 days of her presidency would include the “first-ever federal ban on price gouging on food and groceries — setting clear rules of the road to make clear that big corporations can’t unfairly exploit consumers to run up excessive corporate profits on food and groceries.”

What are these “clear rules of the road” or the thresholds that determine when a price or profit level becomes “excessive”? The memo doesn’t say, and the campaign did not answer questions I sent seeking clarification.

The most likely template for Harris’s proposal is a recent bill from Sen. Elizabeth Warren (D-Mass.). (Harris co-sponsored similar legislation with Warren in 2020, when Harris was a senator.) Warren’s bill would ban any “grossly excessive price” during any “atypical disruption” of a market. Alas, no definition was provided for these terms, either; rather, the bill would empower the Federal Trade Commission to enforce bans using any metric it deems appropriate.

 

It’s hard to exaggerate how bad this policy is. It is, in all but name, a sweeping set of government-enforced price controls across every industry, not only food. Supply and demand would no longer determine prices or profit levels. Far-off Washington bureaucrats would. The FTC would be able to tell, say, a Kroger in Ohio the acceptable price it can charge for milk.

At best, this would lead to shortages, black markets and hoarding, among other distortions seen previous times countries tried to limit price growth by fiat. (There’s a reason narrower “price gouging” laws that exist in some U.S. states are rarely invoked.) At worst, it might accidentally raise prices.

That’s because, among other things, the legislation would ban companies from offering lower prices to a big customer such as Costco than to Joe’s Corner Store, which means quantity discounts are in trouble. Worse, it would require public companies to publish detailed internal data about costs, margins, contracts and their future pricing strategies. Posting cost and pricing plans publicly is a fantastic way for companies to collude to keep prices higher — all facilitated by the government.

Normally, the government doesn’t like collusion. In fact, the Harris campaign’s statement about her anti-“price gouging” agenda highlights a case she won as California attorney general against companies colluding to fix prices for LCD flat screens. Presidential administrations of both parties have similarly pursued cases against cartels and other anti-competitive conduct.

That’s because price-fixing is already illegal. And it should be! It’s important to distinguish between real cartel behavior (whether among TV-makers or meatpackers) vs. temporary spikes in prices and profits due to high demand or supply-chain disruptions. Harris’s economic advisers are either too confused or lazy to tell the difference. They don’t seem to know the history of these kinds of policies and apparently haven’t thought very hard about what would make markets more competitive or improve the lives of voters.

They don’t even seem terribly familiar with what’s happening to grocery prices, where the battle against inflation has, believe it not, pretty much already been won.

On Wednesday, a government report showed that grocery prices in July were up a measly 1 percent from last year, as the White House itself touted. Indeed, annual grocery price inflation has hovered around that level for the past eight months, way down from the double-digit inflation in mid-2022.

Additionally, profit margins for supermarkets are notoriously thin. Despite Harris’s (and Warren’s) accusations about “excessive corporate profits,” those margins remained relatively meager even when prices surged. The grocery industry’s net profit margins peaked at 3 percent in 2020, falling to 1.6 percent last year. If that sounds high, note that the average net profit margin (what’s left over after expenses) for all public companies nationwide is 8 percent.

So what actually happened with grocery inflation, if not “price gouging” (however defined)? Superstrong consumer demand plus major supply disruptions (the coronavirus pandemic, bird flu, Russia’s invasion of Ukraine, etc.) pushed prices and profits up. Once those shocks abated and consumers started spending down their pandemic savings, price growth cooled.

These are the kinds of facts the Harris campaign should be explaining to consumers, not exploiting for demagogic gain because push-polling suggests people are mad about “greed.”

But more to the point: If your opponent claims you’re a “communist,” maybe don’t start with an economic agenda that can (accurately) be labeled as federal price controls. We already have plenty of economic gibberish coming from the Republican presidential ticket. Do we really need more from the other side, too?

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The price capping sounds great until the ones who vote for this crap are crippled by selection and availability. If you think that won’t happen, you’re lost.  What does this mean for meat production and availability?   What a great time to capitalize on fake meat.  You may not get what you want, but you will get what you need and the govt will make sure it’s affordable and distributed in an equitable fashion.

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8 minutes ago, The Real timschochet said:

Oh I’m extremely serious. How serious are you about it? Do you seriously believe we can address the debt without growing the economy? Maybe we should stop subsidizing the oil industry? Or get rid of corporate welfare? 
 

This is what I meant when I wrote in the other thread that conservatives like yourself aren’t serious about the debt, because all you’re doing is using it to denigrate spending you don’t like. As if this proposal would have a significant impact on us owing 35 trillion dollars. 

 

Well said,

 

These guys would rather subsidize BIg Oil, Big Farm, Big Pharma and Corporations than give the little guy a break.  

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