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^Trump Derangement Syndromeyou hate him because you ain't him
As Household Debt Hits $14 Trillion,
Economists Say Fed Quan ative Easing Solution for Next Recession Insufficient
"For most people, these policies will further increase in their cost of living, while their wages remain stagnant."
In testimony before the Senate Banking Committee,
Powell said the Fed had two recession-fighting tools;
buying government bonds, known as QE, and
communicating clearly with markets about interest-rate policy, routinely considered as "forward guidance."
"We will use those tools—I believe we will use them aggressively should the need arise to do so," Powell said.
Left economist Arash Kolahi took to Twitter to push back against the strategy, calling
the tactic "basically upward wealth redistribution at the expense of the many."
"For most people, these policies will further increase in their cost of living, while their wages remain stagnant," Kolahi explained.
"In effect, it's like taxing the many to further enrich the investor class."
delinquencies have risen alongside total debt—a worrying sign for the future.
Five percent of auto loans are delinquent and
credit card delinquencies increased in 2019 to 8.36%.
Student debt, a major source of worry for young people, grew as well:
Among student debt, one in nine borrowers were 90+ days delinquent or in default in 2019, and this figure may be understated.
About half of student loans are currently in deferment, in grace periods or in forbearance and therefore temporarily not in the repayment cycle.
Once these loans enter that cycle, delinquency rates are projected to be roughly twice as high, according to the Fed report.
https://www.commondreams.org/news/2020/02/13/household-debt-hits-14-trillion-economists-say-fed-quan ative-easing-solution-next?cd-origin=rss
No worries, Trash, and Trash alone, will fix everything.
Last edited by boutons_deux; 02-13-2020 at 06:01 PM.
^Trump Derangement Syndromeyou hate him because you ain't him
And Ditzy Devos, totally conflicted as involved in a loan servicer, has ignored a court order to stop collections of student loans for failed colleges.
Sounds like he is quitting, but, CNN claims it's all coordinated with the White House.Barr whining about being exposed and criticized, AND about Trash's tweeting
‘I cannot do my job’:
Bill Barr complains about Trump’s tweeting and the ‘constant background commentary that undercuts me’
Attorney General Bill Barr lashed out people who second-guess his decisions on Thursday.
“I’m not going to be bullied or influenced by anybody… whether it’s Congress, a newspaper editorial board, or the president…
I’m gonna do what I think is right,”
“And you know…I cannot do my job here at the [DOJ] with a constant background commentary that undercuts me,”
“Do you go forward with what you think is the right decision or do you pull back because of the tweet? And that just sort of illustrates
how disruptive these tweets can be,”
https://www.rawstory.com/2020/02/i-cannot-do-my-job-bill-barr-complains-about-trumps-tweeting-and-the-constant-background-commentary-that-undercuts-me/
Is the kitchen too hot for ya, Billy boy?
and of course, the Dems do nothing.
says russiagate peddlers and the like... you have no soapbox to stand on loser!
he's posturing. lapdog pretending to not like his owner
Hope you're right, 21. If the old man loses Barr it'd be a catastrophic.
Senior U.S. judge defends sentencing decisions after Trump tweet on Stone case
The top judge on the U.S. District Court in Washington said in an unusual public statement on Thursday that public criticism “is not a factor” in sentencing decisions,
after President Donald Trump took aim at a judge from her court who is overseeing longtime Trump adviser Roger Stone’s criminal trial.
“The Judges of this Court base their sentencing decisions on careful consideration of the actual record in the case before them;
the applicable sentencing guidelines and statutory factors;
the submissions of the parties, the Probation Office and victims; and their own judgment and experience,” Chief Judge Beryl Howell said.
“Public criticism or pressure is not a factor,” she said.
https://www.reuters.com/article/us-usa-trump-russia-stone-howell/senior-u-s-judge-defends-sentencing-decisions-after-trump-tweet-on-stone-case-idUSKBN2072ZD?feedType=RSS&feedName=topNews&utm_so urce=feedburner&utm_medium=feed&utm_campaign=Feed% 3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%2 9
How long will Trash wait before pardoning another convicted felon?
Will Manafort and Cohen also be pardoned?
Team spirit!you hate him because you ain't him
He'll wait until the day after Election Day. Thereafter it matters not.
I don't see Cohen getting one, but, Manafort & Stone will.
Trump is punishing international travelers to pressure NY state to drop lawsuits against DJT the private citizen.
Prima facie abuse of power, tbh.
Perhaps the Governor will wreck his , throw him down a flight of subway stairs.
she's posturing. lapdog pretending to not like her owner
Hemingway --> Wallace Stevens?
Nah.
Unlike Trump consigliere Bill Barr, Cuomo doesn't have the clout to call off prosecutors.
You’ve returned a sniveling pussy, buck up.
No, it was Chris Cuomo, Winester. Remember when that civilian called him "Fredo" in Grand Central Station & CC threatened to "wreck his " & throw him down a flight of stairs?
Hadn't heard about that.
TSA so TUFF
The old man ain't right every single time.
He let his mouth overload his ass in this Stone materiel & I just hope it doesn't cost him Barr.
Trump tells his former chief of staff to ‘keep his mouth shut’
Donald Trump told John Kelly to “keep his mouth shut” Thursday
after his former his former chief of staff defended a military officer
who testified against the president during the impeachment inquiry,
https://www.rawstory.com/2020/02/tru...e+Raw+Story%29
Kinda wonder if "Mooch" woulda got that job instead of the General would things have been different?
If Trump crosses Barr, he better get to him quick.
Barr is as good as it's gonna get for Trump for an AG. & it will never get that good again. He's being told that & he knows that without being told, so, I do think he'll cool off & apologize via a phone call on a back channel.
This fit by him is a direct result of being Impeached. This is the fall out, the aftershock of reality. He'll carry that (I) into the grave & his children thereafter. He knows this & can't let go. Acquittal didn't grant him relief, just stoked his gut.
Bill Clinton made peace with it, found his contentment on a fresh plane, grateful to remain President. It's okay with him. I don't know if the old man can get to that place of contentment.
The next 72 hours are going to be crucial.
ADDENDUM:::& Clinton figured, reasoned that he deserved it.
The old man can't get there, Winester. His maturity level won't permit it. He knew beyond a shadow of a doubt they were hunting him with that (I) branding iron & he loitered (danger).
Last edited by Thread; 02-13-2020 at 09:21 PM.
the Barr bull was a LIE to the DoJ staff that Barr was independent of Trash!
Trump raged and swore at aides because his enemies aren’t being prosecuted
There are two key ways a president can
abuse the Justice Department and federal prosecutorial powers:
he can protect his friends, and
he can go after his enemies.
Behind that public fight, according to people familiar with the discussions, is a deeper tension between Trump and Barr’s Justice Department
over the lack of criminal charges against former FBI director James B. Comey and those close to him.
…
The flare-up over the Stone case comes against a backdrop of growing behind-the-scenes anger from the president toward the Justice Department —
more about whom the department has not charged with crimes than about whom it has charged,
…
Justice Department Inspector General Michael Horowitz referred
Comey’s handling of the memos to prosecutors for possible criminal prosecution, but lawyers quickly determined it was not a close call and did not seek to build a case.
That sent Trump into a rage,
He complained so loudly and swore so frequently in the Oval Office that some of his aides discussed it for days, these people said.
Trump repeatedly said that Comey deserved to be charged
“Can you expletive ing believe they didn’t charge him?”
The report noted that Trump has also been eager to see charges against Comey’s former deputy, Andrew McCabe.
And Trump also reportedly became enraged when the Washington Post reported in January that U.S. Attorney John Huber’s investigation into vague allegations about Hillary Clinton came up dry.
After learning that the Huber investigation is not likely to produce charges, Trump has become more insistent that Durham finish his work soon
Trump, these people said, wants to be able to use whatever Durham finds as a cudgel in his reelection campaign.
All of that frustration has fed into the public fight over the Stone case.
Barr claimed in an interview with ABC News that
Trump hasn’t asked him to do anything in a criminal case.
https://www.rawstory.com/2020/02/trump-raged-and-swore-his-aides-because-his-enemies-arent-being-prosecuted-report/
Trump is using not his own money, but abusing taxpayer $Ms to bankrupt his enemies who have pay out of pocket.
As with Ukraine, I bet Trash doesn't care if his legal attacks lose, because they cost him nothing,
but bankrupts his enemies and he can at very least campaign/lie that his enemies were investigated
Same as he did with contractors. "You claim I owe you money? So sue me"
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