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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStephanie Rhule nails Steve Bannon's hide to the wall just now
Im sitting at home with my children, helping them with their social studies, and were learning about separation of powersthe legislature, the judiciary, and the executive branches. And today, a person seated in the White House said, Shut your mouth. How dare you, Steve Bannon, disrespect this country.
HipChick
(25,485 posts)democratisphere
(17,235 posts)on the first amendment.
brush
(53,792 posts)one thing that she also said was that trump was creating all this hoopla and distraction with executive orders and the wall bs when he should have taken a bow over the Dow topping 20,000 for the first time.
That's kind of silly as the Dow was in the 7,000s when Obama took over. It was just under 20,000 when he left office six days ago.
So for her to suggest that trump should take credit for the Dow hitting 20k is ridiculous since under Obama's watch the Dow rose from the 7000s to some 19,980s.
Maybe she's mathematically challenged.
Obama gets credit for the y-u-u-u-u-u-u-u-u-u-g-e majority of that gain.
GeoWilliam750
(2,522 posts)The cratering of the bond market, with 30 year treasury bond prices down about 15% in four months. The yields have risen by nearly a percentage point. This has a knock on effect on other asset prices, especially real estate, pushing up mortgage rates sharply.
This also pushes up the cost of building any major fixed asset such as roads, bridges - or walls. It makes airplanes more expensive to buy - which will undoubtedly keep Boeing happy.
The money coming out of the bond market has to go somewhere, and into equities it goes. Thus, whilst he may want to say that the Dow at 20,000 is a vote of confidenced - the reality is that it is really an indictment by saying that US government assets are now worth much less, and people are diviesting them.
It will also make financing the debt much more expensive - which will come out of our pockets.
KittyWampus
(55,894 posts)You don't have to be a Giants fan or foe to criticize their plays and say "they should have gotten that 2-point conversion".
brush
(53,792 posts)In the segment I saw she didn't mention Obama, just that trump should have taken credit.
TexasProgresive
(12,157 posts)kentuck
(111,104 posts)...a traitor by trade.
It would appear?
TrekLuver
(2,573 posts)Skittles
(153,169 posts)SERIOUSLY, FUCK HIM