The economy

baltimorened

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I know Ned disagrees, but Scott Bressent is in way over his head. After working under Soros he was a failure running his own hedge fund. His drivel amounts to wait until next year.
I do disagree. So far, he seems to add a little calm to the administration.
 
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nytigerfan

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I know Ned disagrees, but Scott Bressent is in way over his head. After working under Soros he was a failure running his own hedge fund. His drivel amounts to wait until next year.

Yea. Before it was wait until Q4 when it will be trump's economy. Now it is wait until next year. Soon it will be wait until after the midterms, but only if republicans win.
 

baltimorened

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Yea. Before it was wait until Q4 when it will be trump's economy. Now it is wait until next year. Soon it will be wait until after the midterms, but only if republicans win.
what would you expect him to say? It's Politalk...all new presidents do the same thing. But does it make a difference to voters? Come November 2026, when going to the voting booth people look at their economic status and who is in office.

All of the BBB provisions went into effect Jan 1...so no longer Biden's Trump owns it for better or worse.
 
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Dadar

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Kicking the can down the road.

The US Supreme Court didn’t rule on President Donald Trump’s tariffs Tuesday, meaning it probably will be at least another month before a challenge to his signature economic policy is resolved.
 

Dadar

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The Federal Reserve is injecting liquidity today, January 20, 2026, with an $8.3 billion Treasury bill purchase as part of broader ongoing liquidity operations, aiming to support market functioning and manage interest rates, especially amid recent volatility in assets like Bitcoin and gold. This is part of a larger effort to keep reserves ample, following earlier large infusions and a removal of daily caps on its repo facility.
 
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Dadar

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The Federal Reserve is injecting liquidity today, January 20, 2026, with an $8.3 billion Treasury bill purchase as part of broader ongoing liquidity operations, aiming to support market functioning and manage interest rates, especially amid recent volatility in assets like Bitcoin and gold. This is part of a larger effort to keep reserves ample, following earlier large infusions and a removal of daily caps on its repo facility.
The abuse of the fed put is and has been abomination since the 2008 financial crisis and bailouts. We are now pardoning some of the worst abusers and forgiving the vast $$$$$ they were repay, basically rewarding them for cheating and stealing.

The fed put is bad, but it is imperative that it remain independent from direct pres control
 
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Dadar

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The fed put and these pardons encourage and reward fraud and turning our financial system to the level of a 3rd world country
 
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baltimorened

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Can you provide the source for the 9 billion?
you have not been reading or watching the news? If it walks like a duck and quacks like a duck....

No need to wait until conclusion, just jump there based on news reports.

Seems to work on here
 

UrHuckleberry

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you have not been reading or watching the news? If it walks like a duck and quacks like a duck....

No need to wait until conclusion, just jump there based on news reports.

Seems to work on here
I just think that number is BS, as the largest case that has made its way through the courts is 250mm. 9B is a made up number that is part of propaganda (it's exactly half of the 18mm the state receives, how convenient). Thought you'd want to wait until things made it through the court. But only seems to matter for left leaning issues I guess.
 

Dadar

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Lot of back scratching on that also. Good reason the trading desks at banks have been so profitable

Yes, Federal Reserve overnight repo operations (and reverse repos) indirectly impact the stock market by managing liquidity and short-term interest rates, influencing banks' lending and investment decisions, though the direct transactions involve U.S. Treasuries and agency debt, not stocks, aiming to keep money markets stable and guide broader rates. When the Fed injects cash via repos, it adds reserves to banks, potentially lowering funding costs, while reverse repos drain cash, tightening liquidity and putting upward pressure on rates, both affecting the overall financial environment where stocks trade.
 

baltimorened

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I just think that number is BS, as the largest case that has made its way through the courts is 250mm. 9B is a made up number that is part of propaganda (it's exactly half of the 18mm the state receives, how convenient). Thought you'd want to wait until things made it through the court. But only seems to matter for left leaning issues I guess.
nope, I've discovered that just making claims, and not waiting for the facts seems to be "in demand" on this board. If it works for everybody else should work for me, right?

Besides, do you have any facts that the number is incorrect?

Seems like it used to be me who was asking for final results before making definitive statements. You didn't like that, It's little strange that You would even use words "court" in a post defending a position.

You should be flattered, I've seen the light, no reason to be an outlier asking for facts, you were right all along
 
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UrHuckleberry

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nope, I've discovered that just making claims, and not waiting for the facts seems to be "in demand" on this board. If it works for everybody else should work for me, right?

Besides, do you have any facts that the number is incorrect?

Seems like it used to be me who was asking for final results before making definitive statements. You didn't like that, It's little strange that You would even use words "court" in a post defending a position.
Making claims based on the best information available, which would include what your own eyes see, is one thing. Using a made up number by people known for making things up and lying regularly is another. Used the courts for you. My entire theme with you has been pointing how you treat information, questioning every minutia of anything someone on the left posts, and then taking preposterous numbers quoted by right leaning posts as fair starting points. Will just stop engaging as you don't seem to be open to admitting the consistent bias. Wish you all the best.
 

nytigerfan

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Dec 9, 2004
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Lot of back scratching on that also. Good reason the trading desks at banks have been so profitable

Yes, Federal Reserve overnight repo operations (and reverse repos) indirectly impact the stock market by managing liquidity and short-term interest rates, influencing banks' lending and investment decisions, though the direct transactions involve U.S. Treasuries and agency debt, not stocks, aiming to keep money markets stable and guide broader rates. When the Fed injects cash via repos, it adds reserves to banks, potentially lowering funding costs, while reverse repos drain cash, tightening liquidity and putting upward pressure on rates, both affecting the overall financial environment where stocks trade.

Other countries are dropping US treasury bonds like hot potatoes because of the instability of our president. trump's assault on the American Dollar continues. In 2025, the dollar lost the most value in one year since 1973. The dollar might be worth 50% less than it was in 2024 by the time trump leaves office.
 

baltimorened

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Making claims based on the best information available, which would include what your own eyes see, is one thing. Using a made up number by people known for making things up and lying regularly is another. Used the courts for you. My entire theme with you has been pointing how you treat information, questioning every minutia of anything someone on the left posts, and then taking preposterous numbers quoted by right leaning posts as fair starting points. Will just stop engaging as you don't seem to be open to admitting the consistent bias. Wish you all the best.
so now, I'm questioning your minutia that you posted. You said number is more like $250million, yet you have no facts to back up that statement. Show how it's a made up number..that's your premise. Wish you the best also.

I have no bias, but your post is just another statement that claims BS on claims by multiple government officials as well as members of the media. You made a claim, you should be able to back it up, or your post falls into the same category...I,e,. BS. Just the statement without facts shows that the bias is on your side.
 

Dadar

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Other countries are dropping US treasury bonds like hot potatoes because of the instability of our president. trump's assault on the American Dollar continues. In 2025, the dollar lost the most value in one year since 1973. The dollar might be worth 50% less than it was in 2024 by the time trump leaves office.
China is a huge beneficiary. They are making big strides in tieing currency to gold and hard assets

Yuan Internationalization: Positioning the yuan as a credible alternative to the dollar by backing it with tangible gold, increasing its appeal as a reserve currency.

I have posted a lot about Roy Cohn. If you look at how the shot gun blast of crisis topics and chaos is hitting. It was his MO. He mentored trump

Deflect, deflect, deflect, ........
 
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FLaw47

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so now, I'm questioning your minutia that you posted. You said number is more like $250million, yet you have no facts to back up that statement. Show how it's a made up number..that's your premise. Wish you the best also.

I have no bias, but your post is just another statement that claims BS on claims by multiple government officials as well as members of the media. You made a claim, you should be able to back it up, or your post falls into the same category...I,e,. BS. Just the statement without facts shows that the bias is on your side.

Literally everyone has bias, Ned. It's absurd for you to claim that you don't and doesn't speak well for your credibility.
 

FLaw47

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Flaw, based on our previous posts, I really don't give a s--t what you think of my credibility.

Sesame Street Idk GIF
 
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UrHuckleberry

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so now, I'm questioning your minutia that you posted. You said number is more like $250million, yet you have no facts to back up that statement. Show how it's a made up number..that's your premise. Wish you the best also.

I have no bias, but your post is just another statement that claims BS on claims by multiple government officials as well as members of the media. You made a claim, you should be able to back it up, or your post falls into the same category...I,e,. BS. Just the statement without facts shows that the bias is on your side.
Google it. The 250mm is literally everywhere. My entire point is that you ask for fully fleshed out court case results on one side, and then take the propaganda wing of the GOP as reports that don't require fully fleshed out court cases. The 250mm is the amount of the fraud that was prosecuted in Minnesota. 9B is as real as the 20mm undocumented let in under Biden. Someone just said it, and others repeated it to the point it is taken as gospel by some with 0 actual backing.
 

FLaw47

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you gave up any concept of credibility when you said you couldn't see yourself voting for a republican. That just shows me a person with a closed mind.

Listen if you want to talk to me I'm happy to do so. The reason I can't imagine myself voting for a republican anytime soon is because they're worse on every issue that I care about. I'm open minded enough to be challenged on that without getting my knickers in a twist. Identifying as "independent" doesn't somehow make you more open minded or better. It's at best value neutral.

Edit: I'll clarify that I mean genetic Democrat vs Generic Republican. An especially awful Dem vs Mitt Romney might have me go GOP in an election where control of a legislative body is at stake. Or if it was a Democratic state legislature and Romney governor (maybe). The Dem would have to be really awful though.
 
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baltimorened

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Google it. The 250mm is literally everywhere. My entire point is that you ask for fully fleshed out court case results on one side, and then take the propaganda wing of the GOP as reports that don't require fully fleshed out court cases. The 250mm is the amount of the fraud that was prosecuted in Minnesota. 9B is as real as the 20mm undocumented let in under Biden. Someone just said it, and others repeated it to the point it is taken as gospel by some with 0 actual backing.
I'm just surprised that a person who espoused the walks like a duck theory is now doing a "the amount prosecuted" as a basis as saying the $9billion number is not real.
Yet all the evidence points to a fact that there was a lot more fraud than $250 million. Federal investigators, both left and right media, whistleblowers have all come forward and recognised the fraud. heck even the governor has resigned so he "could fix the problem". Yet all of a sudden, you are ignoring the way the duck is walking...

Google it? the $9billion number has been out there for at least 2 weeks...
 
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Dadar

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Listen if you want to talk to me I'm happy to do so. The reason I can't imagine myself voting for a republican anytime soon is because they're worse on every issue that I care about. I'm open minded enough to be challenged on that without getting my knickers in a twist. Identifying as "independent" doesn't somehow make you more open minded or better. It's at best value neutral.

Edit: I'll clarify that I mean genetic Democrat vs Generic Republican. An especially awful Dem vs Mitt Romney might have me go GOP in an election where control of a legislative body is at stake. Or if it was a Democratic state legislature and Romney governor (maybe). The Dem would have to be really awful though.
More viable political party choices and rank voting would encourage cooperation and seemingly represent a larger cross section of voters
 
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baltimorened

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I am a huge fan of ranked choice voting in primaries, in particular. Would lower the power the extremes on both sides have.
here's a problem..only 27% of voters are registered in each party (27% each) that means that the rest of us 46% are stuck voting for whomever the party puts up. Neither party has given us the greatest candidates for the general election.

I'm not convinced that Trump-Biden or trump-harris are the best we have to offer
 

Dadar

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here's a problem..only 27% of voters are registered in each party (27% each) that means that the rest of us 46% are stuck voting for whomever the party puts up. Neither party has given us the greatest candidates for the general election.

I'm not convinced that Trump-Biden or trump-harris are the best we have to offer
I believe you would get better candidates
 

FLaw47

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More viable political party choices and rank voting would encourage cooperation and seemingly represent a larger cross section of voters

Multi member districts with proportional representation FTW!