Trump Administration Predictions (27 Viewers)

[Cotswold]

It does appear that Trump has given in to Putin and will advise Ukraine to give away a great deal of land for peace in the short term.

Putin is not a general by any stretch of the imagination. He was ill prepared for his invasion and knew little of his enemy. In three years he has achieved only take a few areas that had a Russian speaking population in the Donbas. The destruction he has wrought onto Ukraine has been huge and will require unbelievable amounts of money to restore. Putin will now want the whole Donbas areas that he has failed to conquer, to be given to him for a promised peace of sorts. He'll be back for more though because of the minerals in the Donbas and the agricultural areas in Ukraine.

Putin took Zelensky as a theatrical turned politician , which he is of course. And similarly Zelensky isn't a general either. But as soon as Putin invaded it was clear he wasn't going to leave empty handed, or losing face. That just is not his way of doing things.
Putin was a street urchin advancing to thug and trained in the KGB we are told in the UK press. He doesn't do deals, he takes what he wants. Opponents apparently have a desire of diving out of tall buildings. He is alleged to have amassed close to $200 billion and will remain in power for ever. Those coming behind are possibly not quite as friendly as Putin it is said. I doubt that DLT quite understood him.

Ukraine will fall into Russian hands this year, or if not within five years. Hopefully the "West" will not fund the restoration of Ukraine before Putin comes back again for another try.

Apart from the low to poor standard of politicians in Europe and the UK, another problem may be the huge numbers of recent immigrants. Will they fight for or against the country in which they reside if this situation develops into a larger conflict?

This week may give us some indications of the future but it isn't looking good at all.

 

[Isaac]

It does appear that Trump has given in to Putin and will advise Ukraine to give away a great deal of land for peace in the short term.

Putin is not a general by any stretch of the imagination. He was ill prepared for his invasion and knew little of his enemy. In three years he has achieved only take a few areas that had a Russian speaking population in the Donbas. The destruction he has wrought onto Ukraine has been huge and will require unbelievable amounts of money to restore. Putin will now want the whole Donbas areas that he has failed to conquer, to be given to him for a promised peace of sorts. He'll be back for more though because of the minerals in the Donbas and the agricultural areas in Ukraine.

Putin took Zelensky as a theatrical turned politician , which he is of course. And similarly Zelensky isn't a general either. But as soon as Putin invaded it was clear he wasn't going to leave empty handed, or losing face. That just is not his way of doing things.
Putin was a street urchin advancing to thug and trained in the KGB we are told in the UK press. He doesn't do deals, he takes what he wants. Opponents apparently have a desire of diving out of tall buildings. He is alleged to have amassed close to $200 billion and will remain in power for ever. Those coming behind are possibly not quite as friendly as Putin it is said. I doubt that DLT quite understood him.

Ukraine will fall into Russian hands this year, or if not within five years. Hopefully the "West" will not fund the restoration of Ukraine before Putin comes back again for another try.

Apart from the low to poor standard of politicians in Europe and the UK, another problem may be the huge numbers of recent immigrants. Will they fight for or against the country in which they reside if this situation develops into a larger conflict?

This week may give us some indications of the future but it isn't looking good at all.

I wish what you said wasn't true, but I fear most of it is

 

[Thales750]

I wish what you said wasn't true, but I fear most of it is

I wonder how the the worshipers will fail to understand just how bad this conman is for our country.

 

[The_Doc_Man]

I wonder how the the worshipers will fail to understand just how bad this conman is for our country.

I wonder why you aren't grateful to get rid of the OTHER conman, who was WORSE for our country - and let's not even consider the cackle-jackal who would have stepped into the progressive morass that would have bankrupted the country.

 

[AccessBlaster]

I wonder how the the worshipers will fail to understand just how bad this conman is for our country.

Worshipers? Nah, at times fans but definitely not worshipers.

What I'd really like to know, when is the really, really, really bad stuff you predict going to manifest? I mean at some point your either right about Trump or totally wrong. Your track record has been sketchy at best.

 

[The_Doc_Man]

Some of your discussions about how we are heading towards an oligarchy make me think you are "Bernie" fan.

 

[Isaac]

I wonder how the the worshipers will fail to understand just how bad this conman is for our country.

I'm down to about 60% worshipping if it makes you feel any better. Which is dangerously close to a toss up.
For me the biggest thing so far is the treatment of deportations - me and a large swath of the rest of the country, judging from polls, in which majorities easily rate him as bad in his handling of deportations.
Republicans have their pat answers, of course: "But border security!" - (I ask a question about deportations, and they answer one about Border security, as if they are the same).

My take on what might happen in the coming 2 and 3 years is as follows, pretty simple:
- Because of the way deportations are being handled + the economy, (you still can't buy a house and there are no entry level jobs), Republicans might be going down big time in coming years. His big promises - the economy, Russia - have come to naught. In fact I think the Russia situation is worse now.

 

[AccessBlaster]

I'm down to about 60% worshipping if it makes you feel any better. Which is dangerously close to a toss up.

My take on what might happen in the coming 2 and 3 years is as follows, pretty simple:
- Because of the way deportations are being handled + the economy, (you still can't buy a house and there are no entry level jobs), Republicans might be going down big time in coming years. His big promises - the economy, Russia - have come to naught. In fact I think the Russia situation is worse now.

Why the 60/40 split? I mean you sound like you are done.

 

[Isaac]

Just meaning the level of support I have for Trump at this point, down from its all time highs of around 95% of the % of him & his administration's deeds, that I approve of.

 

[Thales750]

I wonder why you aren't grateful to get rid of the OTHER conman, who was WORSE for our country - and let's not even consider the cackle-jackal who would have stepped into the progressive morass that would have bankrupted the country.

Nothing new here as usual, and the race to the bottom goes on and on. You have lost you ability for processing critical thinking Doc.

 

[Thales750]

I'm down to about 60% worshipping if it makes you feel any better. Which is dangerously close to a toss up.
For me the biggest thing so far is the treatment of deportations - me and a large swath of the rest of the country, judging from polls, in which majorities easily rate him as bad in his handling of deportations.
Republicans have their pat answers, of course: "But border security!" - (I ask a question about deportations, and they answer one about Border security, as if they are the same).

My take on what might happen in the coming 2 and 3 years is as follows, pretty simple:
- Because of the way deportations are being handled + the economy, (you still can't buy a house and there are no entry level jobs), Republicans might be going down big time in coming years. His big promises - the economy, Russia - have come to naught. In fact I think the Russia situation is worse now.

And the assault on the constitution, and the financial gains in the Bit Colm market that corresponded to his new making activities. A half a billion investors conned out of their money and Republicans are still talking about the Hunter Biden 27 million. Dems need to wake up.

 

[Pat Hartman]

Dems need to wake up.

They're still skimming their millions from the NGO scams.

 

[RogerCooper]

I see the economy as doing okay because I check the S&P 500 every morning. What I see is one crash followed by a lot of new highs. The tariff issue seems to be giving way to solid trade deals with our partners. I’ve also noticed that no matter how high the stock market climbs, it barely gets mentioned. But if Trump secures a good trade deal, it’s crickets.

As for high prices, be grateful you haven’t had to endure liberal rule like we have in California. Our costly summer gas blend kicks in around April driving prices even higher until Oct.

Did you notice that Trump responded to the inevitable economic weakening by firing the head of the Bureau of Labor Statistics? As predicted, deporting workers reduces employment and raising taxes on imports increase prices. And as predicted, Trump responds to losing by blaming the referee.

The "good" trade deals Trump has proposed involve Americans paying 15 or 20% tax in imports. None of the deals are finalized and they are all meaningless because the tariffs are illegal and treaties need to be submitted to the Senate.

I already see the far-left (MAGA) wing of the Republican party heading towards price controls (like Nixon did in 1971). Pat Hartman here is already calling for the government to set maximum interest rates and bank fees.

You should remember that stock prices are themselves subject to inflation. And stocks did well under Biden & Obama.

Texas is not a low-tax state. It has the 14th highest sales tax rate in the nation. It has the 7th highest property tax rate in the US (ahead of New York & California!). Texas is a low tax state if you don't buy anything or live anywhere.

 

[Pat Hartman]

Did you notice that Trump responded to the inevitable economic weakening by firing the head of the Bureau of Labor Statistics?

Did you notice how many times during the Biden/Harris administration the numbers were changed downward? THAT was why the person got fired. They were incompetent.

 

[Pat Hartman]

The "good" trade deals Trump has proposed involve Americans paying 15 or 20% tax in imports. None of the deals are finalized and they are all meaningless because the tariffs are illegal and treaties need to be submitted to the Senate.

If you recall, the point of the tariff situation was to equalize tariffs. It stands to reason that some will go up.

Pat Hartman here is already calling for the government to set maximum interest rates and bank fees.

I'm pretty sure you are misquoting me. Many of these fees are already controlled by some agency or other. Things like CC interest rates which is what I was probably talking about are controlled by individual states and that is why all CC companies are headquartered in the 1 or 2 states that allow usurious rates. That way even if your state caps your CC interest at 12%, CitiBank can still charge 27% or whatever the going max rate is. They can also charge you $30 or whatever even if your missed payment was for only $1.50 because 27% isn't enough profit. I think banks charge $25 for bounced checks. Instead of making their income from mortgages, banks now live on "fees". Fees for EVERYTHING.

Texas is not a low-tax state. It has the 14th highest sales tax rate in the nation. It has the 7th highest property tax rate in the US (ahead of New York & California!). Texas is a low tax state if you don't buy anything or live anywhere.

It also has an enormous number of illegal aliens draining all their resources.

 

[AccessBlaster]

Statistics in general seem to be unreliable and politically motivated unless your party happens to be in power. Then of course they are right on spec

 

[Pat Hartman]

Statistics in general seem to be unreliable and politically motivated unless your party happens to be in power. Then of course they are right on spec

If you tell me what you want for a result, I can choose my population to give you your "answer". Don't believe any statistics unless you totally understand the data they were based on.

 

[Isaac]

Did you notice that Trump responded to the inevitable economic weakening by firing the head of the Bureau of Labor Statistics?

That's because there have been too many times when they put out a set of numbers, then say later "sorry, those were wrong- here they are revised". Trump felt, reasonably so I think, that there had simply been too much of that. Such a conclusion is subjective, but not at all unreasonable IMO. Trump felt that the "we made a mistake, here they are revised" technique had been used in a political manner.

The "good" trade deals Trump has proposed involve Americans paying 15 or 20% tax in imports. None of the deals are finalized and they are all meaningless because the tariffs are illegal and treaties need to be submitted to the Senate

Not necessarily. https://finance.yahoo.com/news/target-ceo-step-down-sales-162600244.html

"Price is last resort"

..I've been saying that since the beginning. There are a half dozen ways to mitigate tariffs. Passing on the whole thing to the consumer in the form of a price increase is just one, and one that you shouldn't just assume is the only one happening.

Texas is not a low-tax state. It has the 14th highest sales tax rate in the nation. It has the 7th highest property tax rate in the US (ahead of New York & California!). Texas is a low tax state if you don't buy anything or live anywhere

Wrong again on this too. Texas has no state income tax, so it's about a wash. And the difference between the various states' sales tax is absolutely miniscule. I looked up Texas' and it looks about the same as mine, nothing special there

 

[Pat Hartman]

I have a good friend who has worked as an import broker for batteries (mostly) from China for at least 40 years. He has a gazillion frequent flyer miles. He has branched out and now has a factory making other stuff using Chinese components here in the US so now, he is importing for himself and not for a client. He is very much in favor of the tariffs because we have allowed ourselves to be trampled on by other countries for way too long and he is willing to let the dust settle and expects all tariffs to end up fairer over all when the dust clears.

PS, he was making his products in China but the Chinese were stealing his intellectual property plus our government wouldn't buy the product because it was made in China which is why he switched to manufacturing in the US. So, his costs are now higher but he has a huge customer to make up for the higher cost.

PPS, I heard a number today that surprised me. We only import 11% of our products from China. Here is where not knowing the data is where you can't tell the relevance of the stat. If they are talking only about retail goods, that's one thing, but if the number also includes components for things we assemble here, then I am surprised that the number would be so low. Of course if you are personally affected, like one of our members seems to be, then it is very important personally.