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$2 Trillion Deficit

$2 Trillion Deficit

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@wildgrass said
The typos are particularly problematic because, as you know, we've had spellcheck in Microsoft Word since 1995 to check for these things.

This tells you that no one in the administration even read or proofread it.

Like whenever Pete Hegseth is asked a question about military strategy and he says "Why would I tell you?" which he did over and over and over again at the ...[text shortened]... esn't have an answer. There is no strategy. It's possible they don't know what that word even means.
hahahaha. Your buddy Suzianne is another one who wants our administration to tell us their strategy. Eisenhower F'd Hitler with his Calais strategy, it is goo that the Forum had not been apprised in advance!
God, Shav would have said NO WAY will you go ashore in France!! People will fight and die. And he SURELY would. have stopped Truman's 'secret strategy' to blow hell out of Hiroshima, knowing people would die. But my grandaddy said our meh would die among savages in a far away land if we DIDN'T blow them the hell up.
So Truman heard Shav and my granddaddy, made a decision.

Who thinks Hegseth should tell our strategy? I dare you.


@AverageJoe1 said
!??!??! """Past administrations who were more serious about this used to hire people who know what they're doing. It's obvious that is not what is happening here"""
This passage simply slays me. YOU hired Biden, who did not know what he was doing. (yes, just my opinion), but the real takeaway.....Biden, YOUR president, hired Kamala!!!!!!!!!!!!!!!!!!!!!!. SHe ...[text shortened]... ller (2 of them) hit last night, shot a pregnant teenager, killed the baby. So, how 'you boys doin?
Did you read it? How can you take an administration seriously if they put out a counter terrorism strategy document rife with typos and political grievances, absent of any strategy?

How do you take those people seriously? A high schooler could have put together a more coherent document. It's a C- at best.


@no1marauder said
Since virtually all transactions on financial markets consist of A buying a share of stock from B with none of the proceeds going to the company that issued the stock, how is that "directed" to productive economic investment any more than the money I paid to the plumber?

I have no objection to financial markets or any other type of gambling; I just don't think one typ ...[text shortened]... al and undesirable, I never have remotely suggested that all individuals have to be equal in either.
Man, this is worth reposting...

"""Since virtually all transactions on financial markets consist of A buying a share of stock from B with none of the proceeds going to the company that issued the stock, how is that "directed" to productive economic investment any more than the money I paid to the plumber?"""

There is an immediate transaction, you see. There is also, for lack of a better phrase, the overall economic function of capital markets...Capital Markets.
1). The existence of a strong stock market helps companies raised capital. That is even when the stock shares are traded between investors. Econ 101.
2). Investors buy IPO's and new share offerings because they know they can later sell those shares in a liquid market. If they were no secondary market as you were speaking of, far fewer people would risk investing in companies in the first place.

Imagine, Marauder, if you give $1million for a startup, but you can never sell your ownership stake? You would NOT do that. See the forest, not one tree. , there has to be secondary stock trading to create liquidity. I don't know how else to say it. With the liquidity, investing is easier. Raising capital...easier.
Stick with Social re-engineering. Re-writing the Constitution. Electing sociopaths.
I got this.


@Suzianne said
Well, here's the problem.

Donald Trump didn't write "The Art of the Deal".

Tony Schwartz did.


Wikipedia says:
"Tony Schwartz (born May 2, 1952) is an American journalist and business book author who ghostwrote the 1987 book The Art of the Deal, which was credited to Donald Trump."
"In 1985, Schwartz began interviewing Donald Trump to ghostwrite [i]Trump: ...[text shortened]... ://www.npr.org/2016/07/21/486924253/art-of-the-deal-ghostwriter-on-why-trump-should-not-be-president
golly who knew that. I know of another author who had someone else write his book. I guess it happens.


@wildgrass said
Did you read it? How can you take an administration seriously if they put out a counter terrorism strategy document rife with typos and political grievances, absent of any strategy?

How do you take those people seriously? A high schooler could have put together a more coherent document. It's a C- at best.
Maybe there is a nefarious slick crafty strategical reason for some stuff they do. Now our enemies think Hegseth is crazy!!!! Good! Let them think that. They think Trump is crazy too. So, fear Hegseth and Trump. Good.

1 edit

@AverageJoe1 said
Man, this is worth reposting...

"""Since virtually all transactions on financial markets consist of A buying a share of stock from B with none of the proceeds going to the company that issued the stock, how is that "directed" to productive economic investment any more than the money I paid to the plumber?"""

There is an immediate transaction, you see. There is al ...[text shortened]... Stick with Social re-engineering. Re-writing the Constitution. Electing sociopaths.
I got this.
You do realize that nothing in that post refutes my points? IPO and initial offerings are a tiny share of transactions on financial markets and their impact is negligible. New stock issuance is a minor source of capital investment funding compared to borrowing.

Moreover, I already said I didn't object to the existence of stock markets, so what's your point? You're not seriously suggesting they wouldn't exist if such trading wasn't given preferential tax treatment, are you?


@AverageJoe1 said
Maybe there is a nefarious slick crafty strategical reason for some stuff they do. Now our enemies think Hegseth is crazy!!!! Good! Let them think that. They think Trump is crazy too. So, fear Hegseth and Trump. Good.
They put typos in the national document guiding US counter terrorism strategy on purpose, to deliberately throw off the Iranians, making them think we are incompetent but in reality we are geniuses?

TDS


@AverageJoe1 said
Maybe there is a nefarious slick crafty strategical reason for some stuff they do. Now our enemies think Hegseth is crazy!!!! Good! Let them think that. They think Trump is crazy too. So, fear Hegseth and Trump. Good.
The enemy knows he's a drunk and the American people do also. Totally unfit for the job as is the rest of dump's cabinet.


@wildgrass said
They put typos in the national document guiding US counter terrorism strategy on purpose, to deliberately throw off the Iranians, making them think we are incompetent but in reality we are geniuses?

TDS
Careful… Your post is very dangerously too close to that of YesBoy!!


@Suzianne said
Too bad everything he "builds" sucks.

Home Depot plastic trim painted gold? Other heads of state have noticed.

He should have stayed in his dream job, a used-car salesman. He got fired because he insisted every car be painted gold.

Your Trump cheerleading is really getting pathetic.
This here folks is a classic example of TDS overwhelming a weak individual


@AverageJoe1 said
Careful… Your post is very dangerously too close to that of YesBoy!!
No, his post is right on. Your admiration of dump is repulsive.


@no1marauder said
You do realize that nothing in that post refutes my points? IPO and initial offerings are a tiny share of transactions on financial markets and their impact is negligible. New stock issuance is a minor source of capital investment funding compared to borrowing.

Moreover, I already said I didn't object to the existence of stock markets, so what's your point? You're not ...[text shortened]... sly suggesting they wouldn't exist if such trading wasn't given preferential tax treatment, are you?
Goal post shift?
The point? liquid secondary markets make primary investment possible in the first place. Investors are willing to fund companies because they know they can later sell shares to someone else. Without that liquidity, raising capital harder and more expensive. That is a fact, you like to write confusing posts.

As for taxes: lower capital gains taxes aren’t about “rewarding rich people for existing.” They’re meant to encourage long-term investment, risk-taking, and capital formation instead of discouraging people from investing money into businesses. Or investing into anything for that matter.

Investment capital funds a lot more than billionaires. You fellow sure hate billionaires. I wonder if you would still be saying the same stuff if there were no billionaires. Just average every day people with average incomes.


@Mott-The-Hoople said
This here folks is a classic example of TDS overwhelming a weak individual
Every every every every post here is an example of TDS.. The Trump shadow looms heavily.


@YEAH-BOY said
No, his post is right on. Your admiration of dump is repulsive.
So, who do you like Yboy. Hakeem? God what a name. Oh, and list any policies that they have which you would like. Don’t bother with socialism, because like natural law it will never happen.


@AverageJoe1 said
So, who do you like Yboy. Hakeem? God what a name. Oh, and list any policies that they have which you would like. Don’t bother with socialism, because like natural law it will never happen.
I would vote for my trashman before i vote for any scumbag repukeigan.