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Topic: OT-Politics Thread: please TRY to keep it civil, you damned dirty apes

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847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37436 on: September 26, 2024, 12:05:16 PM »
Holy CRAP on this one.

NYC Mayor Eric Adams charged with fraud, accepting bribes (msn.com)

$10,000,000 is a lot of money.
U RAH RAH! WIS CON SIN!

MrNubbz

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37437 on: September 26, 2024, 12:43:54 PM »
Somewhere Deshaun Watson is snickering
"Let us endeavor so to live - that when we come to die even the undertaker will be sorry." - Mark Twain

SuperMario

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37438 on: September 26, 2024, 12:48:28 PM »
Holy CRAP on this one.

NYC Mayor Eric Adams charged with fraud, accepting bribes (msn.com)

$10,000,000 is a lot of money.
Shocking. A politician did wrong in a corrupt system. Never would have guessed. 

MrNubbz

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37439 on: September 26, 2024, 12:53:06 PM »
"The USA is a nation of laws, badly written and randomly enforced" - Frank Zappa
"Let us endeavor so to live - that when we come to die even the undertaker will be sorry." - Mark Twain

847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37440 on: September 26, 2024, 12:53:25 PM »
This is good. China's newest sub sank.

https://www.wsj.com/world/china/chinas-newest-nuclear-submarine-sank-setting-back-its-military-modernization-785b4d37?st=9hRCdH&reflink=desktopwebshare_permalink
https://www.wsj.com/world/china/chinas-newest-nuclear-submarine-sank-setting-back-its-military-modernization-785b4d37?st=9hRCdH&reflink=desktopwebshare_permalink
U RAH RAH! WIS CON SIN!

MrNubbz

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"Let us endeavor so to live - that when we come to die even the undertaker will be sorry." - Mark Twain

betarhoalphadelta

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37442 on: September 26, 2024, 01:01:28 PM »
This is good. China's newest sub sank.

https://www.wsj.com/world/china/chinas-newest-nuclear-submarine-sank-setting-back-its-military-modernization-785b4d37?st=9hRCdH&reflink=desktopwebshare_permalink
https://www.wsj.com/world/china/chinas-newest-nuclear-submarine-sank-setting-back-its-military-modernization-785b4d37?st=9hRCdH&reflink=desktopwebshare_permalink
What happened, did they have a Pole design it and he put in a screen door?

MrNubbz

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37443 on: September 26, 2024, 01:03:23 PM »
Sounds like the same guys that designed the Kursk set them up
How's that for an alliance,ask them nicely they'll set you up with some nuclear reactors
"Let us endeavor so to live - that when we come to die even the undertaker will be sorry." - Mark Twain

SuperMario

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37444 on: September 26, 2024, 01:06:09 PM »
This is good. China's newest sub sank.

https://www.wsj.com/world/china/chinas-newest-nuclear-submarine-sank-setting-back-its-military-modernization-785b4d37?st=9hRCdH&reflink=desktopwebshare_permalink
https://www.wsj.com/world/china/chinas-newest-nuclear-submarine-sank-setting-back-its-military-modernization-785b4d37?st=9hRCdH&reflink=desktopwebshare_permalink
Was it named the Red October?

medinabuckeye1

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37445 on: September 26, 2024, 01:11:53 PM »
I think this is a pretty fair summary, brief and not detailed, but it's intended for "less technical" readers I suspect.  Many here have discussed these topics of course and note that no economy has every single metric looking good that I can recall.  And there are signs things may be getting worse soonish (signs don't always result in tangible results).  But, partisans can assert that the economy is GREAT!  or DISASTER!, which is understood of course, some of us try and be more ... quantitative and less partisan.

What’s really happening in America’s economy (Trump and Biden spin aside) | CNN Business

The biggest flashing red light in the economy right now is the level of debt people are racking up.
One reason consumer spending has held up so well in the face of higher-than-desirable inflation combined with the highest interest rates in over two decades is that consumers aren’t necessarily spending within their means.
The savings many accumulated during the pandemic have all but evaporated, leading to a lot more credit card purchases that aren’t being paid back on time.
That, combined with the gradually cooling labor market — which is reducing workers’ leverage — is causing some households to accumulate more debt and fall into serious delinquency, meaning 90+ days late on a payment.
Recent New York Fed data showed the percentage of credit card balances in serious delinquency climbed to its highest level since 2012.
Fundamentally, we are a consumer driven economy.  There are obviously a lot of troubling sings despite some wing-nut partisans falsely stating that "every single metric has improved".  However the economy is also not in a catastrophe despite what wing-nut partisans of the opposite variety would tell you.  

Like I said above, those idiots can be safely ignored because for them, ideology trumps reality.  

For the rest of us, I think that the increase in debt explains the odd indications that we are getting.  This also isn't sustainable.  Those people with the delinquent cards will either see improved incomes that enable them to pay off their balances or they will eventually be compelled to curtail spending.  

MrNubbz

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37446 on: September 26, 2024, 01:33:02 PM »
What’s really happening in America’s economy (Trump and Biden spin aside) | CNN Business

The biggest flashing red light in the economy right now is the level of debt people the Federal Gov't is racking up.
Fixed it for her
"Let us endeavor so to live - that when we come to die even the undertaker will be sorry." - Mark Twain

bayareabadger

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37447 on: September 26, 2024, 01:43:11 PM »
Holy CRAP on this one.

NYC Mayor Eric Adams charged with fraud, accepting bribes (msn.com)

$10,000,000 is a lot of money.
That felt like it was heading for trouble from the start. 

847badgerfan

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37448 on: September 26, 2024, 01:46:49 PM »
Seemed kinda shady to me.
U RAH RAH! WIS CON SIN!

Temp430

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Re: OT-Catch all thread - Personal attacks will result in a time out
« Reply #37449 on: September 26, 2024, 01:53:07 PM »
Holy CRAP on this one.

NYC Mayor Eric Adams charged with fraud, accepting bribes (msn.com)

$10,000,000 is a lot of money.
I was wondering why former NY Gov. Cuomo crawled out from under his rock and launched a trial balloon to run for NYC mayor.
A decade of Victory over Penn State.

All in since 1969

 

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