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Trump written off

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Mate when Obama took over ,The USA economy was stuffed and the world economy was in melt down mode.. Obama did a very good job to steady the ship. The same applied with John Key he did a good job but had to also borrow heavily to keep the economy stable.. 

Trump will give big tax cuts to his mates rather than repay debt. Meanwhile the Clown, Trump is relaxing controls put in place by Obama to minimise the cause of the 2008 melt down. So this allows  dishonest bankers to repeat stuffing the banking system in the USA and next time it happens it will screw them big time.

 

 

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On 29/11/2017 at 10:18 AM, bloke said:

Mate when Obama took over ,The USA economy was stuffed and the world economy was in melt down mode.. Obama did a very good job to steady the ship. The same applied with John Key he did a good job but had to also borrow heavily to keep the economy stable.. 

Trump will give big tax cuts to his mates rather than repay debt. Meanwhile the Clown, Trump is relaxing controls put in place by Obama to minimise the cause of the 2008 melt down. So this allows  dishonest bankers to repeat stuffing the banking system in the USA and next time it happens it will screw them big time.

 

 

Agree. A job I did for a lovely lady last week ( she was in corporate banking) retired now, was an eye opener. She basically said the same thing about his tax reform. She was quite blunt about the fact of him feathering his own nest and his mates . She was too technical in her terminology for me to totally comprehend but in layman's terms it was pretty clear. 

There is only one side being duped here.

History will tell it's own story. 

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From an economic viewpoint.. I believe what she might have been trying to say is, as you say simple in relative terms, as far as Trump is concerned, promoting security in any international country is a bonus, as is readying a country for war, in that it increases the manufacture and demand for weapons and thus, their international trade - a business that his "mates" are involved in and can benefit from - hallelujah for Texas.   Climate change, environmental issues, education, health are not something high on the agenda, because it impacts the manufacturing of weapons.   If you want to build the glory of a country based on war, then Trump is your man, but if all this money is coming in, the value of any President, is where it's distributed.   You can make decisions to grow an economy and create income by any means you see as beneficial, but how that's used for short and long term economic goals in that country, is the measure of any President.    I don't see any long term goals, that last more than a day, because his thought processes do not enable him to retain those thoughts to progress them.  He is reactive, he is self absorbed and he has very little empathy unless it is self enhancing.   Anything he gets right is by chance and thanks to the miracle of those working around him, that value their own jobs more and want to be able to have a job once he's finally crawled back under his slimy and uninviting rock   ie..  the poor folk that jumped on the bandwagon because basically they really didn't have any skills to get there with a reputable politician but found themselves where they are and need to make the most of it.   Cringe worthy in the extreme and every communication that comes out of the White House in defence of Trump's latest disaster is evidence of it... we have to support him no matter what idiocy he initiates because it makes us look better .. we are trying to defend this man, look at how well we are doing --   I really have to admire their tenacity and I hope that when this is all over they manage to get a job that they can really be proud of... they deserve it :)

 

 

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On 11/29/2017 at 10:18 AM, bloke said:

Mate when Obama took over ,The USA economy was stuffed and the world economy was in melt down mode.. Obama did a very good job to steady the ship. The same applied with John Key he did a good job but had to also borrow heavily to keep the economy stable.. 

Trump will give big tax cuts to his mates rather than repay debt. Meanwhile the Clown, Trump is relaxing controls put in place by Obama to minimise the cause of the 2008 melt down. So this allows  dishonest bankers to repeat stuffing the banking system in the USA and next time it happens it will screw them big time.

 

 

To say.. Obama an John Key did a good job by steadying the ship....

is like a person who is clearly in debt... and chooses to borrow more money which he is already struggling to pay back!!

that is BAD economics, any sensible person knows this.

There is some disconnect in your thinking that President Trump supports dishonest bankers.....

No doubt President Trump has had to tread carefully with the Global Bankers... as the last thing President Trump wants to see is a economic meltdown and a global recession... The funny thing is, about those who have been attempting to remove him from office... have allowed a timeframe in which president Trump can right the direction of the ship... as those who have clearly attempted to thwart President Trumps influence and direction have not only been exposed... but are wasting time and money doing so!!

And what we have here on these forums is a similar scenario... people wasting their breath on their hopes that President Trump will be impeached hahaha....

Maga!!

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8 hours ago, 6xes said:

To say.. Obama an John Key did a good job by steadying the ship....

is like a person who is clearly in debt... and chooses to borrow more money which he is already struggling to pay back!!

that is BAD economics, any sensible person knows this.

There is some disconnect in your thinking that President Trump supports dishonest bankers.....

No doubt President Trump has had to tread carefully with the Global Bankers... as the last thing President Trump wants to see is a economic meltdown and a global recession... The funny thing is, about those who have been attempting to remove him from office... have allowed a timeframe in which president Trump can right the direction of the ship... as those who have clearly attempted to thwart President Trumps influence and direction have not only been exposed... but are wasting time and money doing so!!

And what we have here on these forums is a similar scenario... people wasting their breath on their hopes that President Trump will be impeached hahaha....

Maga!!

 Countries that  borrow usually have the have the capacity to repay the debt.NZ under Muldoon ran up horrific debt but we never defaulted on repayment and  prior to 2008 the debt was reduced to a modest amount. John  key borrowed heavily to prevent massive unemployment and thousands of businesses going into liquidation  and  also because NZ has shown it can meet debt obligations.

One of the major causes of the 2008 meltdown was due to poor regulations around lending of money in The USA. Banks lent massive amounts to those who had no assets or income. In NZ there is a duty of care on Banks imposed by the Reserve Bank that you cannot lend money to someone unable to demonstrate that the debt can be repaid. This is not the case in The USA  under Trump due to lack of regulations so it will only be a matter of time before the USA is screwed over again.

 

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Trump Killing it

10 Reasons Why the 2017 Record Stock Market Rally is Due to President Trump’s Actions

trump-history-win-300x169.jpg

The stock market in 2017 has increased at record levels unseen in American history.  Never before has the market increased by more than 4,000 points in a single calendar year but has done that in 2017.  The Dow is up more than 30 percent since the election.

Liberals and Democrats refuse to give President Trump credit for the stock market rally this past year but they provide no evidence to support their false convictions.  Here are 10 reasons why the 2017 record stock market rally is due to President Trump’s actions and why it will continue.

1. President Trump’s Marketing Skills

President Trump’s marketing and leadership may be the single most important factor pushing the economy and the stock market to record highs.  Civilian Trump was a billionaire and a promoter.  He prided himself in deal making and his presence led him to have one of the most popular shows on TV (The Apprentice).   In nearly every single speech or rally he has held, he promotes success, making America great again, winning and prosperity.  This repetition and promotion has led to consumer confidence reaching a 17 year high.  President Trump’s repetition and success encourage economic excitement in the US like a snowball going downhill.

2. Frankly, Obama’s Economy was Horrible

To say that the economy was on a roll before the 2016 election is not true. The last all-time stock market high before the November 8th, 2016 election was on August 15th, 2016, three months prior to the election.  The stock market decreased in value in 2015 and there were no new stock market all-time highs in Obama’s entire first term.  Obama’s economy incurred unemployment as high as 10 percent.  His Presidency was the first ever to not reach an annual GDP of at least 3 percent in at least one year during his term.  His policies doubled the US Debt to nearly $20 trillion and the massive increase in regulations stifled the economy.  Not only that but Obama had no idea how to lead America to greatness.  His words and actions actually portrayed someone who didn’t want America to win.

Clearly this past year’s record stock market increase is not due to the prior President whose ‘America last’ policies led to the destruction of the middle class and the stagnation of the American economy.

3. Reduction in Regulations

One of the first things that President Trump did in office was to reduce the number or burdensome regulations put in place during the Obama era. In January President Trump signed his 2 for 1 executive order mandating that for every new regulation, two regulations needed to be revoked. Even far left Politico notes that significant federal regulations since Trump’s inauguration have slowed to an almost total halt.

Regulations cost Americans and American companies money to implement and maintain. Reducing or halting regulations allows companies to spend their money on more prudent money making areas.

4. President Trump Encouraging Business Leaders to Build in America

President Obama said before the election that jobs just are not coming back to the United States.  He mocked candidate Trump for suggesting that jobs could come back to the US and said some of those jobs just aren’t coming back – “What magic wand do you have?”

President Trump didn’t listen to his predecessor. He went out immediately after winning the election and began speaking to business leaders across many industries. He encouraged then to come back to the US and company after company announced their plans to build in the US. This all happened before his inauguration! He continued this work into his administration and the results are clear, even foreign companies are coming to the US.  More than 1.5 million jobs were created in 2017 through October.

5. Ending Obama Trade Deals that Hurt the US

One of the first actions that President Trump took was to sign an executive order that formally withdrew the U.S. from the Trans-Pacific Partnership free trade deal.  Even union leaders applauded this move –

Mr. Trump could end the U.S. participation with 11 other Pacific Rim nations with the stroke of a pen because Congress had not ratified the ambitious accord despite strong support from business groups and President Obama. Nevertheless, the withdrawal put Capitol Hill and foreign governments on notice that the president would demand better deals on a one-on-one basis.

The president’s populist stance on trade shook up alliances in Washington. Mr. Trump got a round of applause from union leaders during a meeting at the White House, but prominent Republican lawmakers vowed to defend their party’s traditional support for open markets and free trade.

Trump’s policies of putting the American worker first only benefit the US worker, company and economy.

6. Igniting Clean Coal

One coal miner in Pennsylvania praised President Trump for his actions that ended unnecessary regulations that prevented coal from being mined in the US.  The coal industry is back according to a piece from the New York Post 

But many Americans aren’t aware of this modernization. So having a president who believes in this industry, and rallies publicly for it, means a lot. Trump has “created an optimism in the business community that has trickled down from big companies to small, and for all of their workers,” Dethlefsen said.

The clean coal industry employs many workers at good paying jobs.  President Trump promised these miners jobs again and he succeeded in doing just that.

7. Pipelines Mean More Than Good Jobs

Another of President Trump’s first actions was to allow the building of the Keystone and Dakota pipelines.  These projects were rejected by the prior administration on the grounds that the pipelines were ecologically unfriendly but the more likely reason for their denial was they would help America being more energy independent, something the donors to Washington elites would not want.  By approving the pipelines, thousands of jobs were created and the US was one step closer to energy independence.

These actions have now led to the US being an oil exporter for the first time ever.  The US is now also the net exporter of natural gas for the fist time in 59 years.  Energy independence means more jobs, more income into the US, and less money going to rouge oil producing countries that want to destroy the US.

8. Saudi Arms Deal

In his first major international trip, President Trump traveled to the Middle East and in front of the leaders of 50 Muslim countries, said that they must ‘drive out’ Islamic terrorists.

On this same trip the President aligned with these leaders in standing against Iran and promoted a $100 billion arms proposal with the Saudis.  This deal has some impact on the current economy but will have significant impact in the future and this is what impacts the stock market greatly.

9. China Investment in the US

This past month President Trump traveled to Asia on another successful trip.  In addition to meeting with leaders across the region, the President announced another huge win for the US.  China signed a MOU with the US that was reported in China but not publicized by the highly partisan MSM in the US who remains silent on nearly all of President Trump’s successes  –

China Energy Investment Corp, the world’s largest power company by asset value, has signed a memorandum of understanding (MOU) to invest $83.7 billion in shale gas, power and chemical projects in West Virginia, the U.S state said on Thursday.

The agreement was the biggest among a slew of deals signed during U.S. President Donald Trump’s state visit to Beijing. The total value of the deals done during Trump’s trip could be as much as $250 billion.

This deal will help one of the most impoverished regions in America and many West Virginians didn’t know about it because the MSM didn’t tell them.

10. It’s Not Hillary!

Certainly one of the major reasons the stock market is soaring is because Hillary Clinton is not President.  Hillary’s policies were a promise for more of the same and the same was not working.  America dodged a bullet last November and the markets responded.  Americans were not with her.  She lost and America won.

Liberals, Democrats and NeverTrumper will continue to tell you that President Trump has nothing to do with the historic stock market rally America is enjoying right now.  But remember, these fools also told us Hillary was going to win in a landslide.

 

 

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23 hours ago, bloke said:

 Countries that  borrow usually have the have the capacity to repay the debt.NZ under Muldoon ran up horrific debt but we never defaulted on repayment and  prior to 2008 the debt was reduced to a modest amount. John  key borrowed heavily to prevent massive unemployment and thousands of businesses going into liquidation  and  also because NZ has shown it can meet debt obligations.

One of the major causes of the 2008 meltdown was due to poor regulations around lending of money in The USA. Banks lent massive amounts to those who had no assets or income. In NZ there is a duty of care on Banks imposed by the Reserve Bank that you cannot lend money to someone unable to demonstrate that the debt can be repaid. This is not the case in The USA  under Trump due to lack of regulations so it will only be a matter of time before the USA is screwed over again.

 

its all very well looking at the issue of debt, from every conceivable angle.. as one can justify borrowing in many ways

but as i said, it is Bad economics to continue borrowing if you struggling to repay your Debt.

if one continues to borrow.. the debt will go up and you will be forced to sell your assets to keep up with repayments.. such is the case with John Key

It would make greater sense to use what resources you have... and create wealth from it to repay debt

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You miss the point NZ has not struggled to repay debt they have always met servicing . John Key sold assets not because he had to but because that is  National's policy for the goverment  not to own enterprises. In fact he used   proceeds from asset sales for other expenditure rather than repay debt 

But let's say NZ did not borrow during the 2008 to 2010 period. They would have been probably $15Billion a year short in the budget. This would have put the economy and the country into a 1920s style depression. 

 

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3 hours ago, Ohokaman said:

Collusion with Russia...fake news huh ?  Flynn will be singing shortly..." Lock him up. Lock him up....".  :lol:

here we go again !! still so sure of yourself huh lol,

thats what i love about your enthusiasm...  i can see you now.. rubbing your hands in anticipation

here let me feed your insatiable appetite lol

 

ifi-just-fire-comey-theyll-never-find-out-about-my-20369454.png

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Flynn has now acknowleged his wrong-doing in not being truthful(Albeit forgetful) to the FBI while being investigated......

but in no-way means its a admission of guilt of Collusion with Russia,

MSM took the oppurtunity to spread the fake news and the affect it had on the stock market was somewhat damaging... no doubt the objective of the release of the Fake News!!

maybe Kushner might give you some hope Ohakaman... lets wait and see lol

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Yes bloke, fake news. There is no Russian collusion with President Trump. This is abundantly clear to intelligent straight thinking people. What is clear is the 2nd major piece of legislation passed by President Trump, the reform of Tax. This will be his 2nd major success this yr. Now watch the economy explode.

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4 hours ago, 6xes said:

Flynn has now acknowleged his wrong-doing in not being truthful(Albeit forgetful) to the FBI while being investigated......

but in no-way means its a admission of guilt of Collusion with Russia,

MSM took the oppurtunity to spread the fake news and the affect it had on the stock market was somewhat damaging... no doubt the objective of the release of the Fake News!!

maybe Kushner might give you some hope Ohakaman... lets wait and see lol

This might suggest otherwise....

http://home.nzcity.co.nz/news/article.aspx?id=260323&fm=psp,tsf

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1 hour ago, aquaman said:

Yes bloke, fake news. There is no Russian collusion with President Trump. This is abundantly clear to intelligent straight thinking people. What is clear is the 2nd major piece of legislation passed by President Trump, the reform of Tax. This will be his 2nd major success this yr. Now watch the economy explode.

Yes I'm sure middle America are overjoyed. Scraped in 51-49. Many will pay the price at mid terms next year.

The Staff of Joint Committee on Taxation and the Congressional Budget Office have just done some sums.

By 2027 those on $50-75,000 ( average in US ) will have paid $3,980,000,000 MORE in tax.

Those on $1,000,000 + will have paid $5,780,000,000 LESS in tax.

There's an agenda here to benefit those at the top, and the average American will pay for it.

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3 minutes ago, Ohokaman said:

Yes I'm sure middle America are overjoyed. Scraped in 51-49. Many will pay the price at mid terms next year.

The Staff of Joint Committee on Taxation and the Congressional Budget Office have just done some sums.

By 2027 those on $50-75,000 ( average in US ) will have paid $3,980,000,000 MORE in tax.

Those on $1,000,000 + will have paid $5,780,000,000 LESS in tax.

There's an agenda here to benefit those at the top, and the average American will pay for it.

Once again, quiet simple really. If you do not look after the top, then those below will not have a job, this is how capitalism works. President Trump is successfully rebuilding the American economy as evidenced by the record breaking stock market, Tax reform is a key part to this end. Ultimately there will be many more employed throughout America as business there is set to boom. The repatriation of trillions of dollars back to America because of the favourable new tax reforms will finance the huge growth the American economy is about to experience. Unemployment in America is going down, and will continue to do so.

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