1st page. 53-47 C’mon baby needs a new pair of senators.
P.S. Mary Barra CEO of GM is an asshole. This plant closure is a nakedly transparent political move. Lose a few hundred million dollars? No problem if we can hurt Trump. F all those Midwest bumpkins, they elected him anyway.
This and all the rate hikes coming out of the Fed are blatantly obvious moves made by people with power to hurt the economy and who willingly do so to the tune of million or billions if it gets the derps back in power.
“P.S. Mary Barra CEO of GM is an asshole. This plant closure is a nakedly transparent political move. Lose a few hundred million dollars? No problem if we can hurt Trump. F all those Midwest bumpkins, they elected him anyway.
This and all the rate hikes coming out of the Fed are blatantly obvious moves made by people with power to hurt the economy and who willingly do so to the tune of million or billions if it gets the derps back in power.”
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YOU SAID IT!!! Throw the bums out!
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The Fed's crime was in the past, when they bought up about $80 billion per month of garbage s#it-sandwich bonds from the major banks. Welfare for Citigroup, Goldman Sachs et al.
This created a bubble in the stock market because those banks had a lot more money than they had willingness to lend it to industrial customers. So they loaned it to hedge fund and fed the bubble.
Gradually increasing interest rates is actually healthy for the economy at this time, as it encourages businesses to borrow NOW and make capital spending investments.
A little bit higher interest is also very good for people attempting to live off their savings or at least augment social security in a meaningful way without taking stock market risk.
Yes, I know the Fed is a globalist monster. But in the short run their actions make sense.
If anyone wants to destroy the Fed, it's simple. Pay off the U.S. national debt, like Andrew Jackson did. That will destroy their power.
This plant closure is a nakedly transparent political move.
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GM was bought and paid for by Obama. What better example of National Socialism, than all the bailouts, and the increased government regulation imposed by the Socialist Left.
Thank goodness she didn’t win. Can you imagine what life would be like under a Hillary administration?