Really says something that Romney was the first ever senator from his own party to vote against the president in an impeachment trial. Guess this one isn't so partisan after all.
Mitt Romney 2020
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Really says something that Romney was the first ever senator from his own party to vote against the president in an impeachment trial. Guess this one isn't so partisan after all.
I don't understand where this grievance comes from. It is a common theme among Trump and his supporters, like somebody wronged you in the past.
These two sentences are at odds with each other, Collins is in an election year.
She gave an interview where she said that she thinks the president learned from his mistake and that he won't do it again. Then the president the next day says that everything he did was "perfect"!
While I agree with your sentiment, Romney has a long history of blowing with the winds of whatever will serve his political ambitions. He’s by no means demonstrated a career of sticking to his values.
Never said that. I've voted for both parties in my life. I voted in the Republican primary in Indiana in 2016 but not for Trump.But wait, you assured everyone you were a Republican before Trump.
Caught in another lie. Ouch.
![[roll]](http://l.yimg.com/j/assets/img/emoticons/classic/roll.r191677.gif "roll [roll]")
We have that in common bud, who did you vote for in the primary as you were on this board shrieking about how Trump was a liar and a racist and a sexual predator?
So somehow you're a "Republican" who "voted in Republican primaries in 2016", yet since showing up on this board you've support exactly 0 positions that could be considered conservative, and you now mostly back a far left wing socialist who wants to end private health care as we know it, install 90% tax rates, decimate the military, and severely hamper the free private enterprise system in the US.
Republicans currently stand for nothing that I was hoping for from them in 2016.So somehow you're a "Republican" who "voted in Republican primaries in 2016", yet since showing up on this board you've support exactly 0 positions that could be considered conservative, and you now mostly back a far left wing socialist who wants to end private health care as we know it, install 90% tax rates, decimate the military, and severely hamper the free private enterprise system in the US.
You're a "Republican" who openly hated the nomination of 2 amazingly qualified constitutional conservative Justices to SCOTUS.
Again,
I'm glad to share why I voted in the Republican primary. It has everything to do with economics. What I wanted to happen is not an option for me any longer so I now vote on my social views.
You've doubted this before (which is hilarious) but I actually do have a degree in economics.
I vividly remember my classes at UCF learning about economic stimulus packages and the studies that were done on Bush's rebate vs historical government spending. We learned about the lag time in seeing results from stimulus programs and how you can overheat an economy or you can double up a recession if your actions take too long to implement. I learned that the goal of monetary policy isn't to maximize growth but to stabilize recessions and booms.
Additionally the tools the government have can only be used if they are available they are only available if they aren't already in use. In 2016 we had artificially low rates, the Fed was doing quantitative easing our deficit was high and these are all things that made sense in 2009 but Obama kept them going for 8 straight years. This is dangerous because if another recession hit there wouldn't be tools to use to soften the blow because they would already be in place your only option at that point is to do negative rates and that's a disaster.
I wanted someone who would transition the economy out of wild subsidized growth and into resetting our monetary tools. Trump ran on massive spending projects and expanding the military and social issues that I would never ever accept as a Christian. Ted Cruz adopted trumps craziness when he saw it working and there was my beautiful boy John Kasich who was running on the exact thing America actually needed on a macro level. He is on stage talking about balancing a budget in Ohio. He's the only one talking about it in 2016 and republicans didn't give a shit about it. They wanted a wall instead.
So here we are in year 11 of a stimulus economy and no one gives a shit. When the fall happens it's going to be rough and we won't have the tools to soften it because we never gave a shit about dialing it back because y'all were distracted by a wall.
You've doubted this before (which is hilarious) but I actually do have a degree in economics.
I vividly remember my classes at UCF learning about economic stimulus packages and the studies that were done on Bush's rebate vs historical government spending. We learned about the lag time in seeing results from stimulus programs and how you can overheat an economy or you can double up a recession if your actions take too long to implement. I learned that the goal of monetary policy isn't to maximize growth but to stabilize recessions and booms.
Additionally the tools the government have can only be used if they are available they are only available if they aren't already in use. In 2016 we had artificially low rates, the Fed was doing quantitative easing our deficit was high and these are all things that made sense in 2009 but Obama kept them going for 8 straight years. This is dangerous because if another recession hit there wouldn't be tools to use to soften the blow because they would already be in place your only option at that point is to do negative rates and that's a disaster.
I wanted someone who would transition the economy out of wild subsidized growth and into resetting our monetary tools. Trump ran on massive spending projects and expanding the military and social issues that I would never ever accept as a Christian. Ted Cruz adopted trumps craziness when he saw it working and there was my beautiful boy John Kasich who was running on the exact thing America actually needed on a macro level. He is on stage talking about balancing a budget in Ohio. He's the only one talking about it in 2016 and republicans didn't give a shit about it. They wanted a wall instead.
So here we are in year 11 of a stimulus economy and no one gives a shit. When the fall happens it's going to be rough and we won't have the tools to soften it because we never gave a shit about dialing it back because y'all were distracted by a wall.
lol at being a republican for economic reasons but hating trump. lol
Did you read my post?
There's more to monetary policy than growth. We are in a dangerous spot where back 12 months ago when the Fed tried to reset rates it failed. They had to lower in a growth economy because even a 1% increase put things like the mortgage markets at risk of collapsing.
As long as we're getting into economics time with Fried-Chicken
The way monetary policy is suposed to work is that you temporarily lower interest rates, increase government spending, and lower taxes when things get bad and when they get better you raise the rates back up and raise taxes lower government spending to flatten a boom.
By doing this constant back and forth you can theoretically maintain sustained long term growth.
Obama never dialed back the stimulus and by 2016 it was 2 or 3 years past due. Trump came in and what did he do? increased spending lowered taxes and tweeted mean things at the Fed when they raised rates. He doubled down on a stimulus economy at a time when things were already going well. It may not seem like a big deal and the chuds out there may say "hell yeah do whatever you can to grow." But that's not true. If anything happens we do not have the tools to fix it right now. We can't just spend more and borrow more and lower rates because we're already doing that. We are in an economy that cannot be stimulated. That's why I voted in the Republican primary because only one dude was talking about it and he got almost no support.
The way monetary policy is suposed to work is that you temporarily lower interest rates, increase government spending, and lower taxes when things get bad and when they get better you raise the rates back up and raise taxes lower government spending to flatten a boom.
By doing this constant back and forth you can theoretically maintain sustained long term growth.
Obama never dialed back the stimulus and by 2016 it was 2 or 3 years past due. Trump came in and what did he do? increased spending lowered taxes and tweeted mean things at the Fed when they raised rates. He doubled down on a stimulus economy at a time when things were already going well. It may not seem like a big deal and the chuds out there may say "hell yeah do whatever you can to grow." But that's not true. If anything happens we do not have the tools to fix it right now. We can't just spend more and borrow more and lower rates because we're already doing that. We are in an economy that cannot be stimulated. That's why I voted in the Republican primary because only one dude was talking about it and he got almost no support.
Collins comes from a state that isn't particularly republican, generally dislikes Trump, and prefers their politicians be independent. Collins showed courage in her vote because it ties her to Trump in a way that she hasn't had before other than the (R) behind her name. Romney's vote against one article but for another is just a politician trying to straddle the line and he doesnt have to answer for it until 2024, at which time it will be 300 scandals in the past.
Of course this is utter nonsense. The Fed reversed co few because they raised too fast too soon and our rates were out of synch with every other central bank in the world and it risked US growth.
It was never done or even discussed to be done because the mortgage markets were on verge of collapse due to the rate hikes
K. Well that's not true. They raised and the 10-2 yield curve inverted and they realized they had basically no choice but to lower. Which they did for 3 consecutive quarters post inversion. You can read about it here.
https://www.cnbc.com/2019/08/22/us-...k-higher-ahead-of-jackson-hole-symposium.html
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You started out well, but immediately after citing monetary policy you described fiscal policy. Spending and deficits are not monetary policies, money supply and interest rates are. Of course with the bastardized version of Keynesian economics we have now it's difficult to distinguish them.
But but but Obama...57 states, IRS....
These fake republicans will be whining like goddamn little bitches about the same things for a century. It's gone beyond pathetic at this point. They know it's impossible to justify Trump's behavior
Thank you for the article from 8 months ago that doesn’t remotely even mention the housing market or pressure on mortgage rates from the Fed rate hike. Which is what you first asserted here.
WTF? How in the world is his guilty vote serving his political ambitions???!? Seems to me his vote did the exact opposite. If his vote wasn’t “sticking to his values,” I don’t know what is.
Don’t forget after he said he’d been to 57 states he said he was going to one more the next day . So 58 was his number
Oh STFU. You were the same clown like every other leftie calling him a racist, misogynist, evil rich person, and awful human in 2012.
Please spare us your absolute bullshit opportunist newfound love for Romney
They're intertwined and both used when implementing a stimulus.
The point is that we are 11 years into an artifically stimulated economy and no one cares. When the floor drops out we won't have the tools available to soften the blow. Neither party care really.
Mortgages rates are pegged to the 10 year treasury note which is a component in the 10-2 yield curve. If you question me enough you just might learn something.
This might be the smartest thing you've posted on this board. I'd argue that we are 19 years into it, dating back to the first round of QE after Bush2 was elected. We are coming up to the point where there are no levers left to pull.
You don’t know the difference between monetary and fiscal policy. You’re talking out your ass, again.
I know the difference I just didn't differentiate because it's all done in tandem. The point is there was one dude who cared and he got like 6% everyone got hypnotized by a wall and now it's the wall party. So **** em.
Can we stay on topic with this. I won't pretend to be an expert but this seems to be the case to me too.
What levers are left? I literally just want to understand the truth.. ZFG about teams or assigning blame. Why aren't we scared about this? I've been hearing for years now how "frothy" the CRE market is, that we're at the top of the cycle, that it's the 7th inning etc... Then the next qtr hits and "fundamentals are still strong".
If there are no levers left that means this growth MUST continue by any means necessary. That scares me.
.
It doesn’t surprise me in the least that you apparently have no concept of how a man of integrity and faith behaves. You could learn a lot from the examples of Republicans like Mitt Romney, John McCain, and Ronald Reagan.
Spare us your BS rants or how about pointing out a single example of me bashing Mitt Romney.
It doesn’t surprise me in the least that you apparently have no concept of how a man of integrity and faith behaves. You could learn a lot from the examples of Republicans like Mitt Romney, John McCain, and Ronald Reagan.
Shookster. You bashed the guy and now that he’s an anti-Trumpster, you love him. Now he’s a divine man of God. Please just stop this nonsense
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