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Thread: Trump Signs Phase One China Trade Deal, Avoiding Brutal December Tariffs

  1. #11
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    Quote Originally Posted by Billy Jingo View Post
    •Included in the deal is a promise made by China to do more to stop intellectual property theft, and both sides agreed to refrain from purposely manipulating their currencies.


    Oh. So you are bankrupting individual agricultural concerns by destroying markets they have taken years to develop, along with pumping billions of dollars of borrowed money into a anemic bailout, for a "promise"? And a Chinese "promise" at that?

    If I wasn't so certain Trump is a clown and a self absorbed idiot, I would believe something more nefarious was afoot.
    "a anemic bailout?"

    Explain that please. That's a new one.
    "What truly matters is not which party controls our government, but whether our government is controlled by the people. January 20th 2017, will be remembered as the day the people became the rulers of this nation again. The forgotten men and women of our country will be forgotten no longer."

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    Time will tell.

  2. #12
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    Quote Originally Posted by Billy Jingo View Post
    I'm sure that is a comforting lie you tell yourself. You seem to need those. Most advocates of Trumpism do.
    Since you are the one who lied to himself through all of 2016, I don't think you have room to talk here.

    You've been wrong for a long long time.


    Emoluments is a non-starter
    There is no pee tape
    The demographics did not create the "eventuality" of President Hillary
    The GOP is not a regional party
    Stockpiles of WMDs were actually found in Iraq
    Bush '43 did not cancel the elections.
    "What truly matters is not which party controls our government, but whether our government is controlled by the people. January 20th 2017, will be remembered as the day the people became the rulers of this nation again. The forgotten men and women of our country will be forgotten no longer."

    link

    Time will tell.

  3. #13
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    Quote Originally Posted by phillygirl View Post
    You don't think he's bad?
    Yes. I think he is “bad” in a general sense. Why do you ask?

  4. #14
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    Quote Originally Posted by Frostbit View Post
    Asian Markets are up 1 1/2 - 2% and the Dow futures are up 120 right now. Hold on to your seat.
    Nancy Pelosi has given him (us) the USMCA trade agreement, a major accomplishment. China has given him (us) a major step toward realigning our trade relationship with them (something Democrats support, BTW), and also BTW the general election in the UK is going extremely well, based on exit polling widely reported:

    UK general election: Johnson's Conservatives to win significant majority, exit poll predicts
    U.K. Prime Minister Boris Johnson’s Conservative Party was on track to an enormous majority in Parliament in Britain’s general election, according to initial exit polls Thursday -- a result that almost certainly would secure Britain’s departure from the E.U. and likely doom opposition Labour Party leader Jeremy Corbyn.

    The broadcaster’s exit poll, released after Brits finished voting, predicted that Johnson’s Conservative Party would win 368 seats in the country’s 650-seat lower chamber, while Labour would pick up just 191 seats. If accurate, it would hand the Tories a majority of 86. Tory activists had hoped, in their most optimistic predictions, for a majority of about 30.
    Should the Tories manage to break the “red wall” across the country and secure the seats as predicted, it would lead to Conservative Party dominance in the U.K. not seen since the days of former Prime Minister Margaret Thatcher -- who won 397 seats in the 1983 general election against radical Labour leader Michael Foot.
    Lest we forget:
    Johnson had called an early election to break the deadlock over Brexit, asking the British public to give him a majority so he could get his deal -- negotiated with the E.U. -- through the chamber, where it previously had been rejected. His message to voters tired of the drama since the 2016 referendum was simple: "Get Brexit done."
    The elite in England, their swamp, as it were, has fiercely defied the will of the voters for several years, and often people supposed that a re-vote would abolish Brexit. This was that re-vote.

    Trump has been solidly behind Johnson, and identifies with the hoi polloi v elite battle Johnson has undertaken.

    I suppose Democrats think Trump, being orange, loves Johnson because of his Russian first name, Boris. But they're Democrats. I heard that the losing Labour Party leader Jeremy Corbyn has resigned his Party leadership.

    Maybe next year we'll see some Democrats follow suit.

    In the meantime, these are all giant positives for the market. Not to mention the simple economic numbers of late.

    It's a helluva time for the Democrats to ride their impeachment hobbyhorse late into the night.
    "Senator Warren is a gifted storyteller." —New York Times.

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    “The interesting thing about the Green New Deal is it wasn’t originally a climate thing at all.... We really think of it as a how-do-you-change-the-entire-economy thing.” —Saikat Chakrabarti, then AOC's Chief of Staff.

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  5. #15
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    Tariffs were a bad idea...then what is this statement about?

    Senate Democratic leader Chuck Schumer (D., N.Y.) led a letter from Democrats saying that “failure to secure commitments from the Chinese government to enact substantive, enforceable, and permanent structural reform will jeopardize American jobs and long-term economic prosperity.”

    https://www.msn.com/en-us/money/mark...Rcx?li=BBnb7Kz


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  6. #16
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    Yes. I think he is “bad” in a general sense. Why do you ask?
    Based upon your comment above.
    Not where I breathe, but where I love, I live...
    Robert Southwell, S.J.

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  8. #17
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    Quote Originally Posted by phillygirl View Post
    Based upon your comment above.
    One doesn't follow the other. It seems like a non-sequitur to me. Can you explain?

  9. #18
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    Quote Originally Posted by Frostbit View Post
    Asian Markets are up 1 1/2 - 2% and the Dow futures are up 120 right now. Hold on to your seat.
    Interesting how flat the markets have been today.
    If it pays, it stays

  10. #19
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    Quote Originally Posted by Billy Jingo View Post
    •Included in the deal is a promise made by China to do more to stop intellectual property theft, and both sides agreed to refrain from purposely manipulating their currencies.


    Oh. So you are bankrupting individual agricultural concerns by destroying markets they have taken years to develop, along with pumping billions of dollars of borrowed money into a anemic bailout, for a "promise"? And a Chinese "promise" at that?

    If I wasn't so certain Trump is a clown and a self absorbed idiot, I would believe something more nefarious was afoot.
    Quote Originally Posted by Frostbit View Post
    Of course you would. Orange man bad.
    Quote Originally Posted by Billy Jingo View Post
    I'm sure that is a comforting lie you tell yourself. You seem to need those. Most advocates of Trumpism do.
    Quote Originally Posted by Billy Jingo View Post
    One doesn't follow the other. It seems like a non-sequitur to me. Can you explain?

    That is the thread.
    Not where I breathe, but where I love, I live...
    Robert Southwell, S.J.

  11. #20
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    Quote Originally Posted by phillygirl View Post
    That is the thread.
    "Orange man bad" is the comforting lie. It is a phrased used by those who have a great deal of affection for, and devotion to, President Trump. It is a self-defense mechanism which allows them to dismiss criticism of the President by pretending it is solely based on animus. It has nothing to do with whether or not someone actually thinks President Trump is "bad" in some general, undefined sense (your non-sequitur). Someone could think he is "good" and get the same phrase directed at them. It is a straight reaction to ideas or expressions that are not flattering to President Trump.

    Does that help?
    Last edited by Billy Jingo; Friday, December 13th, 2019 at 4:28 PM.

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