Over the next several quarters the economy is expected to dive into a recession. Inevitably, the Democrats will try to pin the blame on Republicans after taking over Congress, and Paul, taking his marching orders from the DNC, will certainly come on here and try to gaslight us. I will be saving this post:
JPMorgan CEO Dimon warns of recession in 6 to 9 months - CNBC
Dimon said the S&P 500 could fall by "another easy 20%" from the current levels, with the next 20% slide likely to "be much more painful than the first", according to the CNBC report.: https://www.reuters.com/markets/us/j...%20on%20Monday.
Jim Rogers, an American investor and co-founder of the Quantum Fund, said that a large amount of debt in the world could make the coming economic downturn the worst he had ever seen, in an interview with Business Today.
Economists like Nouriel Roubini, who had been one of the first experts to predict the 2008 global financial crisis, have also warned of a “severe, long and ugly” recession in the coming months.
“Yep, the probabilities in this economy tell you to batten down the hatches,” Jeff Bezos wrote
https://www.cnbctv18.com/economy/bat...s-14982021.htm
Forecast for US Recession Within Year Hits 100% in Blow to Biden
Bloomberg Economics sees near certainty downturn will start
Tightening conditions, inflation, hawkish Fed weigh on outlook
https://www.bloomberg.com/news/artic...uverify%20wall
Economists Now Expect a Recession, Job Losses by Next Year: https://www.wsj.com/articles/economi...ar-11665859869
Economists polled for Bankrate’s Third-Quarter Economic Indicator say there’s a near 2-in-3 chance (or 65 percent) that the U.S. economy could contract within the next 12 to 18 months: https://www.bankrate.com/banking/fed...2065%20percent
Steve Hanke, a professor of applied economics at Johns Hopkins University, said that he believes the U.S. is heading for a “whopper” of a recession next year, but it’s not necessarily because of higher benchmark interest rates.
“We will have a recession because we’ve had five months of zero M2 growth–money supply growth, and the Fed isn’t even looking at it,” Hanke said in an interview with CNBC on Monday. “We’re going to have one whopper of a recession in 2023.”: https://www.marketwatch.com/story/ec...es-11661888255
Results 15,501 to 15,510 of 26456
Thread: Politics Thread
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11-04-2022, 09:44 AM #15501
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11-04-2022, 09:48 AM #15502
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They won some and lost some. There is a case that maybe democrats should have spent more money in more elections in some cases.
https://fivethirtyeight.com/features...ll-it-pay-off/
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11-04-2022, 09:57 AM #15503
I hope every one of those terrible fucking candidates win. They can get knocked out next election, but that is not a strategy that we want to be viable.
That article was from two weeks ago, and the winds have changed a bit. Gibbs is now more likely than not to win. Hassan is still a favorite over Bolduc in NH, but it's REALLY close.Last edited by GoMuskies; 11-04-2022 at 10:01 AM.
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11-04-2022, 10:09 AM #15504
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11-04-2022, 10:17 AM #15505
Anything that discourages it is great. Even if the party involved is too stupid to learn a lesson from it (does President Trump ring a bell?).
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11-04-2022, 11:35 AM #15506
Politics Thread
Maybe I’m missing something, but can someone explain the thought process that results in this? Good grief!
https://redstate.com/mike_miller/202...killed-n654115
Sent from my iPhone using TapatalkGolf is a relatively simple game, played by reasonably intelligent people, stupidly.
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11-04-2022, 11:57 AM #15507
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11-04-2022, 12:12 PM #15508
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11-04-2022, 02:04 PM #15509
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Over the last few weeks a few on this board have commented, wondering why conservatives are blasting the FBI and DOJ - as if there were no legitimate reasons. Well here's why: The House Republicans just released a 1,000-page report alleging politicization in the FBI and DOJ. Here's a summary of the Executive Summary:
"The Federal Bureau of Investigation, under the stewardship of Director Christopher Wray and Attorney General Merrick Garland, is broken. The problem lies not with the majority of front-line agents who serve our country, but with the FBI’s politicized bureaucracy. The problem lies, for example, with the FBI hierarchy that spied on President Trump’s campaign and ridiculed conservative Americans. The problem lies with FBI bureaucrats who altered and mischaracterized evidence to federal courts, circumvented safeguards, and exploited weaknesses in policies governing investigations and informants to target politically disfavored subjects and to protect favored ones. The problem lies with the FBI structure that centralizes high-profile cases in D.C., in the hands of politicized actors with politicized incentives. Quite simply, the problem—the rot within the FBI—festers in and proceeds from Washington.
Over the last year, a multitude of whistleblowers have approached Judiciary Committee Republicans with allegations of political bias by the FBI’s senior leadership and misuses of the agency’s federal law-enforcement powers. These whistleblowers have risked their careers out of fidelity to principle and a commitment to restoring public trust in the FBI. This report begins to tell their stories. Even at this early stage, one startling conclusion is clear: the FBI and its parent agency, the Justice Department, have become political institutions.
This report details the problems, as recounted in whistleblower disclosures and other forms, that undermine the FBI’s fundamental law-enforcement mission. Whistleblowers describe the FBI’s Washington hierarchy as “rotted at its core,” maintaining a “systemic culture of unaccountability, ”and full of “rampant corruption, manipulation, and abuse.” Whistleblowers describe how the FBI has abused its law-enforcement authorities for political purposes, and how actions by FBI leadership show a political bias against conservatives. For example:
• The FBI is artificially inflating statistics about domestic violent extremism in the nation.
• The FBI is abusing its counterterrorism authorities to investigate parents who spoke at school board meetings.
• The FBI has abused its foreign intelligence authorities to spy on American citizens, including people associated with the campaign of President Trump in 2016. These facts have been documented in Inspector General reports and Foreign Intelligence Surveillance Court opinions, but there is little indication the FBI has changed—or is willing to change—course.
• The FBI is clearing the Bureau of employees who dissent from its woke, leftist agenda. The FBI is actively seeking to “purge” FBI employees holding conservative views—or, in President Biden’s view, those who are a “threat to American democracy” — because they hold conservative views. The FBI has even taken retaliatory actions against at least one whistleblower who has spoken out.
• Whistleblowers have explained how the FBI’s “political meddling” “is dragging the criminal side [of the Bureau] down” as resources are “pulled away” from real law-enforcement duties.
Full report here: https://www.scribd.com/document/6050...een&from_embed
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11-04-2022, 02:40 PM #15510
It's quite obvious the FBI and DOJ have been weaponized against Conservatives. The pro life guy who was arrested from his house in a pre-dawn raid with guns drawn on him and his wife and family is atrocious.
The fact that J6 folks are still being held in the DC jail without being charged yet is truly Orwellian behavior. That is FASCISM!"Xavier born and Xavier bred, and when I am gone I will be Xavier Dead!"
NJ!NP! 8/30/12
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