The Federal Reserve favors Biden?

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dank69

Lifer
Oct 6, 2009
36,111
30,498
136
Sorry I did that, I know when not to repeat arguments.
Every single thing you hear from conservative media is bullshit at some level. Every. Single. Thing. That's why every single thread started here by conservative posters gets shredded. Every. Single. Thread. You could all save a lot of time and grief by just being slightly skeptical of everything you hear from them.
 

Tsinni Dave

Senior member
Mar 1, 2022
559
1,378
106
Every single thing you hear from conservative media is bullshit at some level. Every. Single. Thing. That's why every single thread started here by conservative posters gets shredded. Every. Single. Thread. You could all save a lot of time and grief by just being slightly skeptical of everything you hear from them.
Just to bolster your assessment, here's Corey Lewandowski (former Trump campaign manager) under oath being shown evidence that he lied to journalists about his actions between Trump and Jeff Sessions - "I'm under no obligation to tell the truth to the media."
 

PlanetJosh

Golden Member
May 6, 2013
1,814
143
106
Do you have any questions on this topic? There is a wealth of knowledge on this forum. ftr, I am being serious.
Well if The Fed voting members are mostly Dems or Repubs, and which ones are moderate or extreme Dems or Repubs. And get that info before speculating if any of them would try to affect the election next year. I'm looking up some news articles about it.

I don't want to get in any trouble with the forum at this point after I've just apologized for being annoying by repeating the same responses to posters.
 
Reactions: iRONic

WelshBloke

Lifer
Jan 12, 2005
31,429
9,328
136
I don't want to get in any trouble with the forum at this point after I've just apologized for being annoying by repeating the same responses to posters.
The fundamental issue is that you are going about things the wrong way.
You are starting out with an idea (and I won't go into what I think your motivations for choosing that idea are) then you are looking for things that support that idea and you are accepting things that agree with your idea regardless of if they are true or not just because they agree with you.
 

PlanetJosh

Golden Member
May 6, 2013
1,814
143
106
Here's the YouTube video showing a reporter asking The Fed Chairman Powell if any of the voting members of The Fed would try to affect the election in Nov of next year. The reporter didn't mention Biden by name or any other Presidential candidates. It's at video time 17:00 to 19:00.

Powell appeared a bit apprehensive to the question when he said that "we just can't do that ". See what anyone thinks about it, if I've read too much into i in my previous sentence. Or anything about the video clip or the entire video if that has any added value.

I've known about this clip but never expected to use it until now. I watch a lot of Bloomberg News, a financial network. They are like CNN a spokes mouth for Biden according to many Repubs, not that I would use a harsh tone like that. But I may want Trump elected to have his antics in the forefront of the news. I'm not conservative ftr.


See time 17:00 to 19:00 for Powell being questioned about The Fed influence of the election next year

edited to get the video up
 
Last edited:

Amol S.

Platinum Member
Mar 14, 2015
2,401
709
136
Remember when Obama handed off a good economy to the fat smelly one? Do you remember the fat smelly one went against the advice of experts and lowered interest rates during good economic times? Then covid hit and we could have used that economic tool to help the economy? We remember.

Every damn time a republican is in office something horrible happens to the economy and a dem has to clean up the mess.
The last time a Republican was in office and there was no economic problem in the n3xt person presidency was Calvin Coolidge.
 
Dec 23, 2023
34
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Next thread by @PlanetJosh or @GettyRoad

Why is Biden waging a war on oil?

Then 150 people chime in and remind those two that the US is the #1 oil producing country in the world and Biden isn't responsible for higher gas prices.
Biden really is waging war on oil, oil interferes with green energy ideology. I believe that there is global warming. But I do not believe that the US should be considered number 1 fully when it comes to oil. The US should consider itself number one only if (oil produced in the US) - (us oil used for all electrical generation) still shows as US number one. My question is why is the US still relying on oil from the middle east? Why not stop trade with them? In fact the United States should make a competitor to OPEC, where US, Canada, UK, and EU together decide the price of oil in their countries, and not rely on OPEC prices at all.
 
Reactions: iRONic
Dec 23, 2023
34
97
46
Every single thing you hear from conservative media is bullshit at some level. Every. Single. Thing. That's why every single thread started here by conservative posters gets shredded. Every. Single. Thread. You could all save a lot of time and grief by just being slightly skeptical of everything you hear from them.
Then tell me this thing that is stated by Fox News and how it is BS. Companies are hiring more people that are on visas and green cards, because they can take cheaper salary. Now you tell me, doesn't that mean it is harder for a person born in the US to get a job? Does it now make sense to you that if we reduce student and H1B visas that it will be easier for US Citizens to get jobs, and thus the unemployment rate would go down?
 

brycejones

Lifer
Oct 18, 2005
27,597
26,709
136
Biden really is waging war on oil, oil interferes with green energy ideology. I believe that there is global warming. But I do not believe that the US should be considered number 1 fully when it comes to oil. The US should consider itself number one only if (oil produced in the US) - (us oil used for all electrical generation) still shows as US number one. My question is why is the US still relying on oil from the middle east? Why not stop trade with them? In fact the United States should make a competitor to OPEC, where US, Canada, UK, and EU together decide the price of oil in their countries, and not rely on OPEC prices at all.
Get your ass on the front line you fucking draft dodger.
 
Reactions: Meghan54

cytg111

Lifer
Mar 17, 2008
23,984
13,508
136
Here's the YouTube video showing a reporter asking The Fed Chairman Powell if any of the voting members of The Fed would try to affect the election in Nov of next year. The reporter didn't mention Biden by name or any other Presidential candidates. It's at video time 17:00 to 19:00.

Powell appeared a bit apprehensive to the question when he said that "we just can't do that ". See what anyone thinks about it, if I've read too much into i in my previous sentence. Or anything about the video clip or the entire video if that has any added value.

I've known about this clip but never expected to use it until now. I watch a lot of Bloomberg News, a financial network. They are like CNN a spokes mouth for Biden according to many Repubs, not that I would use a harsh tone like that. But I may want Trump elected to have his antics in the forefront of the news. I'm not conservative ftr.


See time 17:00 to 19:00 for Powell being questioned about The Fed influence of the election next year

edited to get the video up
Listen up dude, we needed your outrage back when this was going on


IIRC Trump was also arguing that he had the power to fire them all at the time.

Just. Dont.

What you need to understand about the current political climate is that Trump is a fucking cancer and Biden is not. Simple as that. Hate Biden all you want but at least he is not cancer.
 
Last edited:

dank69

Lifer
Oct 6, 2009
36,111
30,498
136
Then tell me this thing that is stated by Fox News and how it is BS. Companies are hiring more people that are on visas and green cards, because they can take cheaper salary. Now you tell me, doesn't that mean it is harder for a person born in the US to get a job? Does it now make sense to you that if we reduce student and H1B visas that it will be easier for US Citizens to get jobs, and thus the unemployment rate would go down?
For starters, conservative media only complains about H1B visas when a Democrat is President. Republicans vote to expand the H1B program when the rubber hits the road. That's the biggest bullshit about your chosen talking point.

Second, reducing H1B visas will likely not make the unemployment rate go down because our unemployment rate is already at historical lows, also known as full employment.

Third, H1B visas are typically used to fill highly technical jobs (like doctors and teachers) which we currently have a shortage of here in the US.

If you were a decent human being you would be fighting for higher pay and/or citizenship for H1B visa holders. Conservatives are not decent human beings. Their entire existence is based on tearing others down instead of building everyone up.
 

Fenixgoon

Lifer
Jun 30, 2003
32,096
10,899
136
For starters, conservative media only complains about H1B visas when a Democrat is President. Republicans vote to expand the H1B program when the rubber hits the road. That's the biggest bullshit about your chosen talking point.

Second, reducing H1B visas will likely not make the unemployment rate go down because our unemployment rate is already at historical lows, also known as full employment.

Third, H1B visas are typically used to fill highly technical jobs (like doctors and teachers) which we currently have a shortage of here in the US.

If you were a decent human being you would be fighting for higher pay and/or citizenship for H1B visa holders. Conservatives are not decent human beings. Their entire existence is based on tearing others down instead of building everyone up.
Shouldn't H1B holders qualify as the"good" immigrants from their point of view?

The best and the brightest? As opposed to criminals, rapists, and some who are good people....(for those not recognizing the language, I am referencing one of Trump's campaign speeches)
 
Reactions: dank69 and Pohemi

Zorba

Lifer
Oct 22, 1999
15,238
10,813
136
For starters, conservative media only complains about H1B visas when a Democrat is President. Republicans vote to expand the H1B program when the rubber hits the road. That's the biggest bullshit about your chosen talking point.

Second, reducing H1B visas will likely not make the unemployment rate go down because our unemployment rate is already at historical lows, also known as full employment.

Third, H1B visas are typically used to fill highly technical jobs (like doctors and teachers) which we currently have a shortage of here in the US.

If you were a decent human being you would be fighting for higher pay and/or citizenship for H1B visa holders. Conservatives are not decent human beings. Their entire existence is based on tearing others down instead of building everyone up.
The only problem with the H1B program is how easy it is for employers to abuse the employees. If we made it much more like a provisional green card, companies would have to pay them more and treat them better.
 

Zorba

Lifer
Oct 22, 1999
15,238
10,813
136
Biden really is waging war on oil, oil interferes with green energy ideology. I believe that there is global warming. But I do not believe that the US should be considered number 1 fully when it comes to oil. The US should consider itself number one only if (oil produced in the US) - (us oil used for all electrical generation) still shows as US number one. My question is why is the US still relying on oil from the middle east? Why not stop trade with them? In fact the United States should make a competitor to OPEC, where US, Canada, UK, and EU together decide the price of oil in their countries, and not rely on OPEC prices at all.
So let me get this straight, you want the US government to dictate production levels to US companies? In conjunction with outside countries? That's pretty big government of you.
 

K1052

Elite Member
Aug 21, 2003
48,044
37,234
136
Biden really is waging war on oil, oil interferes with green energy ideology. I believe that there is global warming. But I do not believe that the US should be considered number 1 fully when it comes to oil. The US should consider itself number one only if (oil produced in the US) - (us oil used for all electrical generation) still shows as US number one. My question is why is the US still relying on oil from the middle east? Why not stop trade with them? In fact the United States should make a competitor to OPEC, where US, Canada, UK, and EU together decide the price of oil in their countries, and not rely on OPEC prices at all.

Oil is globally traded and used hence subject to market forces, world events, and somewhat by cartel (OPEC) actions. If there was a way to escape this reality it would have been tried.

The US gets relatively little oil from the Middle East. Over 70% of our imported oil comes from Canada and Mexico.

The US is the #1 producer right now and that is indisputable. Biden's strategy is to keep fuel prices low but still move away from oil over the long term which is the only thing that breaks the dependency you're complaining about.
 

Stopsignhank

Platinum Member
Mar 1, 2014
2,447
1,775
136
Here's the YouTube video showing a reporter asking The Fed Chairman Powell if any of the voting members of The Fed would try to affect the election in Nov of next year. The reporter didn't mention Biden by name or any other Presidential candidates. It's at video time 17:00 to 19:00.

Powell appeared a bit apprehensive to the question when he said that "we just can't do that ". See what anyone thinks about it, if I've read too much into i in my previous sentence. Or anything about the video clip or the entire video if that has any added value.

I've known about this clip but never expected to use it until now. I watch a lot of Bloomberg News, a financial network. They are like CNN a spokes mouth for Biden according to many Repubs, not that I would use a harsh tone like that. But I may want Trump elected to have his antics in the forefront of the news. I'm not conservative ftr.


See time 17:00 to 19:00 for Powell being questioned about The Fed influence of the election next year

edited to get the video up
Did you watch the clip at that time? Here is what I saw in direct answer to the question at 17:30
We don't think about politics. We don't think about political events. We think about what is best for the economy.
 

Stopsignhank

Platinum Member
Mar 1, 2014
2,447
1,775
136
OP.

Trump November 2020.
Congratulations to everybody, the Dow Jones just hit 30,000. The highest ever, no one ever thought it would get this high...........

Trump November 2023
While the stock market is making rich people richer.......

So which one is it? Is a high stock market a good thing or a bad thing. Because he has just literally said both.

Incidentally I like how he can argue in court that he did not inflate his net worth, in fact he is worth more than the billions he says he is. Yet condemn rich people.
 
Reactions: Pohemi

PlanetJosh

Golden Member
May 6, 2013
1,814
143
106
Did you watch the clip at that time? Here is what I saw in direct answer to the question at 17:30
Yeah I did, sorry I left it out above. If some don't believe them you have to decide the level of criticism you will apply to them if you get in a discussion with them.

The high range would be insults and the low range would be mellow almost neutral feedback. So I think maybe Fed voting members are giving the impression there will be a soft landing of the economy, not too severe of a recession before the election next year which could make Biden look good. If that logic is too flawed I can bow out of the thread and start a better one some other day. And it's for the Fed voters other than Powell (a Repub). And assuming some of the others are Dems.

edited to add last 3 sentences
 
Last edited:

Pohemi

Diamond Member
Oct 2, 2004
9,433
12,972
146
Then tell me this thing that is stated by Fox News and how it is BS. Companies are hiring more people that are on visas and green cards, because they can take cheaper salary. Now you tell me, doesn't that mean it is harder for a person born in the US to get a job? Does it now make sense to you that if we reduce student and H1B visas that it will be easier for US Citizens to get jobs, and thus the unemployment rate would go down?
Haven't I heard this before? Yes, yes I have. Espoused by conservatives as a huge border-related issue. Summarized here...

It's nonsense unless you're a hand on a (conservative) farm. You know, the work Americans don't want to do.

Fuck off.
 

Dave_5k

Golden Member
May 23, 2017
1,887
3,615
136
Then tell me this thing that is stated by Fox News and how it is BS. Companies are hiring more people that are on visas and green cards, because they can take cheaper salary. Now you tell me, doesn't that mean it is harder for a person born in the US to get a job? Does it now make sense to you that if we reduce student and H1B visas that it will be easier for US Citizens to get jobs, and thus the unemployment rate would go down?
BS point #1: Companies are hiring "more" people on visas - The H1B visa cap has been unchanged since 2006, and is reached early every single year (even during covid).
BS point #2: Companies are hiring "more" people on green cards - Trump had over 1 million green cards issued in 2017, 2018, 2019. Biden's green cards were lower than Trump's lowest (excluding 2020 Covid) in 2022, the latest year available.
BS point #3: Its harder for person born in the US to get a job: Unemployment is essentially unchanged compared to the very best months during the Trump presidency at ~3.5%, it is easier to get a job now than basically any time in U.S. history in most areas.
BS point #4: Unemployment rate would go down. The economy is at what economists consider to be full employment - fewer immigrants would just net leave more unfilled job openings.
 

alien42

Lifer
Nov 28, 2004
12,721
3,128
136
So I think maybe Fed voting members are giving the impression there will be a soft landing of the economy, not too severe of a recession before the election next year which could make Biden look good. If that logic is too flawed I can bow out of the thread and start a better one some other day.

all the statistics are indicating there will be a soft landing, which is why the Fed is doing what they are doing. the Fed is responding to reality, not simply giving an impression. so yes, your logic is flawed.
 
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