Biden

POSTED BY: THG
UPDATED: Monday, August 31, 2026 21:54
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SECOND

Friday, May 7, 2021 6:50 PM

Quote:
Originally posted by SIGNYM:
SECONDRATE, if you actually read the article that you posted, you'll see that it says that price increases are due to exactly what SIX said they were due to: easy money.

Low interest rates lead to housing boom and high demand for wood? That's easy money.

Loosening Covid-19 restrictions lead to ppl driving more and spending their stimulus checks on eating out? That's easy money.

Prices go up when there's "too much money chasing too few goods". When the money all went into the hands of the wealthy, inflation occurred in the stock market and luxury goods. If money is placed in the hands of the average consumer, the price of typical goods - gasoline, food, etc - will go up. I'm already seeing increases in grocery store items. Sales are impossible to find, and it's getting harder and harder to stick to a budget. Used car proces increased dramatically last year. Utility rate increases, too.

Signym, 6ix was complaining that Biden caused the price of lumber to increase. It was NOT Biden. The price increased because many more than normal houses have started being built and the sawmills, controlled by the top 1% richest Americans, not Biden, see that as the perfect opportunity to raise prices and gouge 6ix for all his money.

Biden didn't force the top 1% to raise prices on lumber. The top 1% know they can do it because when there is even the slightest shortage in lumber supply, prices can be jacked up very high, but not to infinity because then builders stop building when sawmill owners get too greedy. Biden has no control over any of this because the Federal government does NOT control prices.

I have NEVER known a Trumptard who understood that the top 1% control the economy, the exceptions being when America is in a World War or the GOP is trying to reelect Trump. The Trumptards forever think it is the Federal government who always has control. The Federal government could take that absolute control at all times, but usually Republican Senators don't let that happen, except when they are trying to reelect Trump and the Senate authorizes $5 trillion in excess spending during the year before Nov. 2020 to give Trump a good chance at winning a second term.

Signym, pay attention: During the 2016 presidential campaign, Republican candidate Donald Trump promised he would eliminate the nation’s debt in eight years. (He could have actually done what he promised, by vetoing spending bills from Congress, but doing it would not have personally benefited Trump. When did Trump last keep a promise? He doesn't need Congress' permission to veto spending.) Instead, his budget estimates showed that he would actually add at least $8.3 trillion, increasing the U.S. debt to $28.5 trillion by 2025. However, the national debt reached that figure much sooner. When President Trump took office in January 2017, the national debt stood at $19.9 trillion. In October 2020, the national debt reached a new high of $27 trillion. That's an increase of almost 36% in less than four years.
www.thebalance.com/trump-plans-to-reduce-national-debt-4114401

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

6IXSTRINGJACK

Friday, May 7, 2021 8:15 PM

Quote:
Originally posted by SIGNYM:
SECONDRATE, if you actually read the article that you posted, you'll see that it says that price increases are due to exactly what SIX said they were due to: easy money.

Low interest rates lead to housing boom and high demand for wood? That's easy money.

Loosening Covid-19 restrictions lead to ppl driving more and spending their stimulus checks on eating out? That's easy money.

Prices go up when there's "too much money chasing too few goods". When the money all went into the hands of the wealthy, inflation occurred in the stock market and luxury goods. If money is placed in the hands of the average consumer, the price of typical goods - gasoline, food, etc - will go up. I'm already seeing increases in grocery store items. Sales are impossible to find, and it's getting harder and harder to stick to a budget. Used car proces increased dramatically last year. Utility rate increases, too.

I'm not even reading Second's bullshit, but I can guess what it says from your reply.

Per Warrent Buffet: "We are seeing substantial inflation," Warren Buffett told attendees at last week’s annual Berkshire Hathaway shareholder meeting. "We are raising prices. People are raising prices to us, and it's being accepted."

Also: Ordinary Americans are searching for “inflation” online more frequently now than they have in more than a decade, data from Deutsche Bank strategist Jim Reid shows.

It's not just Biden*. It's Democrats.

Free shit ain't free. A lesson that Americans keep having to learn over and over and over and over and over...

--------------------------------------------------

Give me liberty or just come shoot me in my house. I'm so over this ridiculous reality.

SIGNYM

Friday, May 7, 2021 9:13 PM

Quote:
SIGNYM:
SECONDRATE, if you actually read the article that you posted, you'll see that it says that price increases are due to exactly what SIX said they were due to: easy money.

Low interest rates lead to housing boom and high demand for wood? That's easy money.

Loosening Covid-19 restrictions lead to ppl driving more and spending their stimulus checks on eating out? That's easy money.

Prices go up when there's "too much money chasing too few goods". When the money all went into the hands of the wealthy, inflation occurred in the stock market and luxury goods. If money is placed in the hands of the average consumer, the price of typical goods - gasoline, food, etc - will go up. I'm already seeing increases in grocery store items. Sales are impossible to find, and it's getting harder and harder to stick to a budget. Used car proces increased dramatically last year. Utility rate increases, too.

SECONDRATE: Signym, 6ix was complaining that Biden caused the price of lumber to increase. It was NOT Biden. The price increased because many more than normal houses have started being built and the sawmills, controlled by the top 1% richest Americans, not Biden, see that as the perfect opportunity to raise prices and gouge 6ix for all his money.

WHY are "many more than normal houses being built"? Low interest rates per Fed policy ... which Biden* has influence on?

Quote:
Biden has no control over any of this because the Federal government does NOT control prices.

Do you remeber Nixon's wage-price controls? Sure you do.

So, WHY did the USA experience stagflation? Was it because Johnson was a two-fisted money-spender, throwing money into the Great Society as well as the Vietnam War?

Nah.... couldn't be.

-----------
Pity would be no more,
If we did not MAKE men poor - William Blake

THUGR posts about Putin so much, he must be in love.

1KIKI

Friday, May 7, 2021 9:17 PM

Quote:
China is a little harder to figure out. Unlike Russia, China is not self-sufficient in most raw resources, and has attained its development as the "factory to the world". It depends on trade, so its red lines extend well beyond China's borders to include BRI and international currency. Needs some thought on what, exactly, China would respond to as an existential threat, and what levers it might choose when retaliating against the west.

-----------
Pity would be no more,
If we did not MAKE men poor - William Blake

THUGR posts about Putin so much, he must be in love.

Well, China's put a lot of productive capability into creating a navy and trying to expand into the South China Sea.

It looks to me like China is agitating against Australia, which exports its high grade iron ore significantly to China. Maybe Australia is where China will test its options in the global world.

6IXSTRINGJACK

Friday, May 7, 2021 9:19 PM

Also, there are more houses being built because the housing market is experiencing the rising tide of a new bubble in the making.

Speculation is rampant in many parts of the country right now. Bidding wars on homes in many places are becoming the norm.

People aren't buying the houses to live in. They're buying them for rental properties.

And as soon as those eviction moratoriums come to an end, it's estimated that as many as 11% of homeowners in the country will be kicked out of their homes. Far more than in the 2008/2009 housing market crisis.

ETA: As an aside...

I used to get maybe 3 to 5 mailers a year from people or organizations looking to buy my house with cash, "hassle free". This started about 3 or 4 years ago.

I now get around 3 to 5 of these every single month.

Even got a phone call from an outfit in India. Were they just using an Indian call center to handle this business because it's far cheaper than hiring Americans to do it, or are foreign interests buying up all of our homes with the intent of making Americans rent out their living quarters from foreign interests in the future?

--------------------------------------------------

Give me liberty or just come shoot me in my house. I'm so over this ridiculous reality.

SIGNYM

Saturday, May 8, 2021 1:41 AM

Quote:
SIGNYM: China is a little harder to figure out. Unlike Russia, China is not self-sufficient in most raw resources, and has attained its development as the "factory to the world". It depends on trade, so its red lines extend well beyond China's borders to include BRI and international currency. Needs some thought on what, exactly, China would respond to as an existential threat, and what levers it might choose when retaliating against the west.

KIKI: Well, China's put a lot of productive capability into creating a navy and trying to expand into the South China Sea.

It looks to me like China is agitating against Australia, which exports its high grade iron ore significantly to China. Maybe Australia is where China will test its options in the global world.

Speaking of which

Quote:
Beijing has axed a high-level channel for economic talks with Canberra, blasting Australian leaders for having a “Cold War mentality” after the country canceled two contracts linked to its Belt and Road project.

In a harshly worded statement on Thursday, China’s economic planner, the National Development and Reform Commission, said the China-Australia Strategic Economic Dialogue would be paused indefinitely.“Recently, some Australian Commonwealth Government officials launched a series of measures to disrupt the normal exchanges and cooperation between China and Australia out of Cold War mindset and ideological discrimination,” the statement read.

Based on the current attitude of the Australian Commonwealth Government toward China-Australia cooperation, the National Development and Reform Commission of the People’s Republic of China decides to indefinitely suspend all activities under the framework of the China-Australia Strategic Economic Dialogue.

Ties, and especially trade relations, between the two states have steadily frayed in recent months, seeing Beijing threaten economic retaliation after Canberra demanded an international probe into the origins of the coronavirus pandemic, which was first detected in the Chinese city of Wuhan in late 2019. Before that, in 2018, Australia moved to ban the Shenzhen-based telecom giant Huawei and passed a number of foreign interference laws targeting Beijing, both prompting terse responses.

Also it’s extremely dangerous that PM believes he’s doing ‘God’s work’ (remember Blair & Iraq?)

The relationship has only deteriorated further in the meantime, with Australian officials scrapping two deals previously signed between Beijing and the state of Victoria for China’s Belt and Road Initiative in March.

wow, signed in March, scrapped in May. The ink barely dried!

Quote:
Foreign Minister Marise Payne said the contracts were “inconsistent with Australia’s foreign policy or adverse to our foreign relations,” invoking powers created by legislation passed last year that allows the FM to veto agreements with other nations.

In response, Beijing said the move was “bound to bring further damage to bilateral relations,” making good on that prediction with Thursday’s decision to scrap the economic dialogue.

While relations have been frosty for some time, halting the negotiation channel could spell further trouble for Canberra as it seeks to resolve trade disputes that affect $20 billion in Australian exports, including in key industries such as coal, timber, seafood, wine and barley. As of March, trade between the two countries had dropped by 40% overall, compared to the period before the commerce battle, with Beijing maintaining tariffs on a number of goods

https://www.rt.com/news/523019-china-suspends-australia-economic-dialo
gue/
This should go on the predictions thread, but I predict the USA and Britain are going to get a political, economic, and financial ass-whupping over the next four years.

The USA and Britain engineered their own economic collapses by deindustrializing, which set the stage for their own financial collapse. I suspect we will see Russia and China try to peel off Germany and maybe Italy.

THG

Saturday, May 8, 2021 7:12 PM

Opinion: On jobs, McConnell just doesn't get it. Biden does.

We are at a moment of truth. America needs economic modernization to create good jobs and a safe environment,

https://www.msn.com/en-us/news/politics/opinion-on-jobs-mcconnell-just
-doesn-t-get-it-biden-does/ar-BB1gu5u5?ocid=msedgntp

Go Joe...

T

6IXSTRINGJACK

Saturday, May 8, 2021 8:07 PM

Going to need good jobs soon after Biden*'s inflation kicks in. Although $7.25 an hour isn't going to pay for much more than a gallon of milk by 2024.

--------------------------------------------------

Give me liberty or just come shoot me in my house. I'm so over this ridiculous reality.

6IXSTRINGJACK

Saturday, May 8, 2021 8:20 PM

Quote:
Originally posted by 6ixStringJack:
Quote:
Originally posted by 6ixStringJack:
Speaking of Cheney...

https://www.politico.com/news/magazine/2021/05/04/liz-cheney-kevin-mcc
arthy-trump-liberals-485390

How Democrats Learned to Love the Cheneys

I'll spare you from reading whatever BS opinion Politico has on the issue.

It's because they're sellouts and hypocrites.

Ha Ha

https://www.politico.com/news/2021/05/06/cheney-wyoming-2022-primary-4
85508

Maybe she should just go ahead and become a Democrat already. All the other NeoCons have.

--------------------------------------------------

Give me liberty or just come shoot me in my house. I'm so over this ridiculous reality.

Ha Ha.

I'm never going to get tired of being right all the time.

https://www.cnn.com/2021/05/06/opinions/progressive-cheney-romney-bush
-jackson-lee/index.html

Quote:
I'm a proud progressive who thinks Liz Cheney, Mitt Romney and George W. Bush are true patriots

Where's your Lincoln Project videos, NeoCon Ted?

--------------------------------------------------

Give me liberty or just come shoot me in my house. I'm so over this ridiculous reality.

SIGNYM

Saturday, May 8, 2021 10:47 PM

Quote:
This Biden Proposal Could Make the US a “Digital Dictatorship”

A “new” proposal by the Biden administration to create a health-focused federal agency

Oh goody. Another opaque Federal agency

Quote:
modeled after DARPA is not what it appears to be. Promoted as a way to “end cancer,” this resuscitated “health DARPA” conceals a dangerous agenda.
byWhitney Webb
May 5, 2021

Last Wednesday, President Biden was widely praised in mainstream and health-care–focused media for his call to create a “new biomedical research agency” modeled after the US military’s “high-risk, high-reward” Defense Advanced Research Projects Agency, or DARPA. As touted by the president, the agency would seek to develop “innovative” and “breakthrough” treatments for cancer, Alzheimer’s disease, and diabetes, with a call to “end cancer as we know it.”

And we destroyed Iraq and Libya to save their people.

Just bc someone publicizes good intentions doesn't mean that's what they want to do.

Quote:
Far from “ending cancer” in the way most Americans might envision it, the proposed agency would merge “national security” with “health security” in such as way as to use both physical and mental health “warning signs” to prevent outbreaks of disease or violence before they occur. Such a system is a recipe for a technocratic “pre-crime” organization with the potential to criminalize both mental and physical illness as well as “wrongthink.”

The Biden administration has asked Congress for $6.5 billion to fund the agency, which would be largely guided by Biden’s recently confirmed top science adviser, Eric Lander. Lander, formerly the head of the Silicon Valley–dominated Broad Institute, has been controversial for his ties to eugenicist and child sex trafficker Jeffrey Epstein and his relatively recent praise for James Watson, an overtly racist eugenicist. Despite that, Lander is set to be confirmed by the Senate and Congress and is reportedly significantly enthusiastic about the proposed new “health DARPA.”

This new agency, set to be called ARPA-H or HARPA, would be housed within the National Institutes of Health (NIH) and would raise the NIH budget to over $51 billion. Unlike other agencies at NIH, ARPA-H would differ in that the projects it funds would not be peer reviewed prior to approval; instead hand-picked program managers would make all funding decisions. Funding would also take the form of milestone-driven payments instead of the more traditional multiyear grants.

Okie dokie! I don't actually need toread any further to know that thisprogram will be used for nefarious purposes,and neither should you.

Bc, why the funding secrecy? There are already research programs out there to cure cancer and Alzheimer's and all of the other expensive and debilitating diseases "uot there", and THEIR funding is open and transparent thru NIH grants which are granted after submissions are peer reviewed by a panel. The decisions are public,as areth submissions.

So, why would anyone want to - or need to - hide their research proposals from pulic view if they're as benign as the Biden* proposal claims?

Quote:
ARPA-H will likely heavily fund and promote mRNA vaccines as one of the “breakthroughs” that will cure cancer. Some of the mRNA vaccine manufacturers that have produced some of the most widely used COVID-19 vaccines, such as the Pfizer/BioNTech vaccine, stated just last month that “cancer is the next problem to tackle with mRNA tech” post-COVID. BioNTech has been developing mRNA gene therapies for cancer for years and is collaborating with the Bill & Melinda Gates Foundation to create mRNA-based treatments for tuberculosis and HIV.

Other “innovative” technologies that will be a focus of this agency are less well known

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