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US Politics the 2025 trump presidency thread

Voxide said:
Of which abortions would obviously not be included lol

Pay for it yourself if you want one so bad
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do you live in canada, voxide?

in the u.s. the hyde amendment prohibits federal funding for abortions and abortion services, except in cases where the mother's life is in danger, or where the pregnancy resulted from rape or incest.

alasdair
 
alasdairm said:
do you live in canada, voxide?

in the u.s. the hyde amendment prohibits federal funding for abortions and abortion services, except in cases where the mother's life is in danger, or where the pregnancy resulted from rape or incest.

alasdair
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Major metro on the east coast, USA

Well that’s good news at least. Does that vary on a state/local level?


Abortion for rape/incest/life in danger is all fine in my opinion
 
^ yes - it varies from state to state.

my understanding is that 18 states follow the federal standard in all cases e.g. arizona.

20 states fund abortions, exceeding federal requirements e.g. colorado

alasdair
 
Just A Guy said:
It's really a good time to buy (stocks and commodities) if you trust that the market will correct itself. As it always will.
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A few people have made huge profits by buying at the bottom of a market. Of course, we cannot say what the bottom will be - if a leader is prepared to impose and remove tarriffs in a matter of hours, how does one judge the future?
 
One hopes and waits lol. Wouldn't be all too surprising for the markets to drop another 5 - 10% before all is said and done. The volatility is what makes it fun. Good things come to all who wait (eventually).
 
brokedownpalace10 said:
It's official. The Trump crash is bigger than the one from Covid lockdown when we were all home not working.

stocktemp.png


I might hazard to add that one might look at the trend from 2016 to 2020 and compare to the trend from, we'll even say 2021, to 2024. Even throwing out 2020 completely.
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What about looking at it logarithmically - as % loss rather than $ values.
 
another day, another facepalm as the trump administration demonstrates just how moronic it is...

the dow only receded by 1% today 👏

meanwhile: Trump tariffs based on massive error, conservative think tank says

"The formula used by the Trump administration to levy reciprocal tariffs contains a serious math error that over-inflates the impact by about a factor of four, economists at the American Enterprise Institute said.

Why it matters: The conservative think tank says the error led to tariff rates massively higher than they should have been to achieve the goals the administration sought.

Catch up quick: After announcing the tariffs last Wednesday the Trump administration released a complicated-looking formula, which it said was developed with the Council of Economic Advisers, used to determine how to set the rates.
  • It turns out the formula is simply the U.S. trade deficit with each country, divided by the value of the goods the U.S. imports from that country.
  • Two other variables in the equation cancel each other out, rendering them effectively meaningless."
the link shows an annotated version of the formula and anybody with high-school maths should be able to follow.

here is a link to the full article: President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.

facepalm_deja_q.jpg


alasdair
 
I went grocery shopping ,spouse asked how much eggs were,I said 6.99 ,they were 8.99,she went on a near tirade how everything is lowering and she knew it would under her beloved trump,its so hard listening to her tv and talking to her old dad, we are divided, but I really thought she would shush around me more now that she got her trump back,I won't vent on her anymore
 
I'm loving this. Apparently everyone is an economic expert now and in a position to accurately criticize Trump's decision making - not saying I agree/disagree with it.. because I don't fucking understand the economics of it either - when really I think it's more out of self-concern for certain investments. I mean how can it not be?

Where was all the pushback when the USA, UK, and other governments spaffed billions out of nothing during Covid? Where was all the restraint by people over the past 30 years prior to 2008, when people were leveraging credit to the hilt and playing this stupid circus with "house prices = wealth" (which we're still doing).

Like don't make me fucking laugh.. everyone is completely full of shit and totally subscribed to 'number must go up' philosophy that underpins the entire capitalist enterprise, the philosophy that is eating the ground from beneath our feet.

I don't know if Trump's plan can redress that imbalance. Probably not. It's probably some script to fuck us in the ass and push everyone closer to the 2030 goals. I just think it's hilarious though how duplicitous people can be when it comes to money.
 
-=SS=- said:
I don't know if Trump's plan can redress that imbalance. Probably not. It's probably some script to fuck us in the ass and push everyone closer to the 2030 goals. I just think it's hilarious though how duplicitous people can be when it comes to money.
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I think it's unlikely that admssion of error would ever be accepted.

So rightly or wrongly, those tarriffs aren't going to change in the near future.

Some other nations have already instituted tarriffs against the US.

One thing I HAVE realized is that there is no physical boarder between Éire and Northern Ireland. So if a product is manufactured in the EU and the very final step (e.g put it in a box or whatever) is carried out in the UK, that's going to get around tarriffs. Believe me, I think the position the UK has ended up in is crazy, but I'm just highlighting one way that nations can bypass Tarriffs.

FYI a lot of medicines already are made in Éire but the livery (box, PIL and so forth) is already performed in the UK. Now medicines are already exempt, I just use this to highlight the fact that such things alrady go on so wouldn't always be simple to spot.
 
4DQSAR said:
One thing I HAVE realized is that there is no physical boarder between Éire and Northern Ireland. So if a product is manufactured in the EU and the very final step (e.g put it in a box or whatever) is carried out in the UK, that's going to get around tarriffs. Believe me, I think the position the UK has ended up in is crazy, but I'm just highlighting one way that nations can bypass Tarriffs.
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Us Limey's are particularly shifty fucks when it comes to business and money. There's a reason why the global financial centre is the City of London, that appears to be bolted on to an otherwise 2nd-world country 😂
 
-=SS=- said:
Us Limey's are particularly shifty fucks when it comes to business and money. There's a reason why the global financial centre is the City of London, that appears to be bolted on to an otherwise 2nd-world country 😂
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See also 'Fourth British Emprire'.

Us Brits are hands down the shiftiest fucks in history.

When we could no longer physically just STEAL, we were to the fore with investments, hence the City of London remaining the global financial cente.

I admit I was unfamiliar with the term until a friend noted just how much British institutions hold in shares of businesses based in other nations. I guess the basis is that if you hold stock in every major econimic bloc, if one goes down, it's because the other has gone up.
 
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4DQSAR said:
Sea also 'Fourth British Emprire'.

Us Brits are hands down the shiftiest fucks in history.

When we could no longer physically just STEAL, we were to the fore with investments, hence the City of London remaining the global financial cente.

I admit I was unfamiliar with the term until a friend noted just how much British institutions hold in shares of businesses based in other nations. I guess the basis is that if you hold stock in every major econimic bloc, if one goes down, it's because the other has gone up.
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Yup. There's a good documentary about it called 'The Spider's Web: Britain's Second Empire', and the book 'Empire of the City' by EC Knuth. It's one of those things that a certain percentage of the upper crust of British people know about in secret, especially in London, and the rest just turn a blind eye to the incongruency between London and the absolutely dire conditions of the rest of the country.. they know something doesn't add up, but 'you don't bite the hand that feeds you' sort of thing.

Stockholm syndrome though. We've been under occupation for a thousand years. We're Rome's little bitch.
 
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