Trump V. Biden

[Pat494]

The Democrats had an easy victory awaiting them IF they had picked a film star as a candidate instead of a boring old nobody.

Harrison Ford and others were ready to offer the Dems their help.

 

[trendie]

The Democrats had an easy victory awaiting them IF they had picked a film star as a candidate instead of a boring old nobody.

But isnt that a problem in itself.
Why does anyone think someone who is paid to pretend to be someone else knows anything about geo-politics, economic theory, or international diplomacy?

Be wary of film stars, cos I think Arnie is a Republican!
He has the charisma to beat pretty much any other film star, in terms of popularity.

 

[Pat494]

The film star could play it like Reagan, who knew not much about anything.
He did however know that there were others out there that knew a lot about their own speciality and employed them.
His job was to be a happy host and kind to the young. Big smiles, straight talking and consideration. Great. I would have voted for such a person.

 

[trendie]

Bit scary at the moment, if I read it right. (BBC website, US Election tab).
41 states done. Biden ahead 224 / 213.
9 states remaining.
Pennsylvania, 20 electoral college votes, likely Rep.
North Carolina, 15 EC votes, likely Rep.
Georgia, 16 EC, Rep.
Alaska, 3 EC, Rep.

Thats likely 54 to the Reps.

The 5, likely Dems:
Nevada, EC = 6,
Arizona, 11,
Wisconsin, 10,
Michigan, 16
Maine, 4.
Thats 47.

That would be Biden (224 + 47) = 271, / Trump (213 + 54) = 267.

Biden needs to carry at least one Rep state (other than Alaska), over to the Dems, otherwise its the horror show of recounts, and flim-flam from Trump.

 

[Rufus_Leakey]

Bit scary at the moment
...
Biden needs to carry at least one Rep state (other than Alaska), over to the Dems, otherwise its the horror show of recounts, and flim-flam from Trump.

What really matters is whether the Republicans can keep control of the U.S. Senate. At the moment, this seems likely, and that means socialist (aka progressive) policies would not become laws.

 

[Almarok]

 

[new_trader]

Are you trying to suggest that the US government can pay off 25 trillion plus dollars in debt by printing money and nothing bad will happen?

This is basically what all Keynesian economists believe and it's why MMT is growing in popularity, especially among left leaning/Socialist Governments who believe in big deficits and big Government social programs who think prosperity can come from the Printing press. Also, for this reason, Governments have gradually changed the definition of Inflation over the years, and even the way inflation is calculated rendering the CPI a completely useless metric.

John Williams of Shadow stats addresses this issue.

Shadow Government Statistics - Home Page

www.shadowstats.com

 

[J Livermore]

This is basically what all Keynesian economists believe and it's why MMT is growing in popularity, especially among left leaning/Socialist Governments who believe in big deficits and big Government social programs who think prosperity can come from the Printing press. Also, for this reason, Governments have gradually changed the definition of Inflation over the years, and even the way inflation is calculated rendering the CPI a completely useless metric.

John Williams of Shadow stats addresses this issue.

Shadow Government Statistics - Home Page

www.shadowstats.com

I don’t know as much about the Federal Reserve as I probably should. However, I’ve heard from a variety of sources that since 1913 (the year the Fed was created) the US Dollar has lost over 92% of its purchasing power.

That’s sad because inflation hurts the poor more than the middle or upper classes.

 

[new_trader]

I don’t know as much about the Federal Reserve as I probably should. However, I’ve heard from a variety of sources that since 1913 (the year the Fed was created) the US Dollar has lost over 92% of its purchasing power.

That’s sad because inflation hurts the poor more than the middle or upper classes.

They use gold as the reference for that calculation since the USD was once backed by gold at approx $20.67/oz when the Fed was created in 1913. Gold is now approx USD $1941/oz.
A simple arithmetic calculation: 20.67/1941 = 0.01065 meaning the USD has lost about 98% of its purchasing power since the FED was created in 1913!

 

[Pat494]

Don't forget that The Fed is not owned by the US state. It is privately owned by the rich and therefore suits them when possible. Not too much or they would be called to explain and changed.
Their voting system looks like a cobbled togethor mess from the past and in dire need of updating too.

 

[Pat494]

Not sure if there could be a dead heat between the candidates. It is so close. Democracy at it's worse with no clear winner.

 

[counter_violent]

Trump is of course absolutely correct in pointing out the fact that mail votes are open to numerous forms of abuse.
Hopefully he will present the real world examples then let the courts decide.

 

[cantagril]

Trump is of course absolutely correct in pointing out the fact that mail votes are open to numerous forms of abuse.
Hopefully he will present the real world examples then let the courts decide.

I wonder if he would be quite so diligent if the balance was For, rather than Against him

 

[Pat494]

The men in white coats will have to drag him from the White House kicking and screaming. Probably still yelling fake and fraud. What a big baby. Can't even lose gracefully.
Good riddance.

 

[trendie]

I never believed Trump was a Republican, merely an opportunist that exploited the Rep party.
The Rep party may become irreparably damaged if a cohort of top Reps cant walk into the White House, and have a quiet word with Trump to go with some measure of dignity,
He is, and was, a useful idiot, allowing others to massively profit from his simplistic view of the world.

He, once put of power, will find nobody wants to align themselves with him, and he wont get the high-paid speaking tours and book deals and opportunities to mix with the leading lights, that others, such as Obama, seem to have garnered.

Trump has a habit of compromising anyone in his orbit.
Its a shame the voting is so close. It should have been a landslide, and it should have been Warren.

 

[Pat494]

I think perhaps he was right to stand up to China. Obama didn't seem to understand what was happening to the US. Well it was much the same as the US did to Britain100 years ago. Won the trading game hands down.
Being a " has been " hurts. It means the old ways must go - they can't keep losing and staying ahead.

 

[counter_violent]

Not sure if there could be a dead heat between the candidates. It is so close. Democracy at it's worse with no clear winner.

I expect a Biden presidency will be lamer than a lame thing given that he will not be able to do anything about the senate blocking.

 

[barjon]

I expect a Biden presidency will be lamer than a lame thing given that he will not be able to do anything about the senate blocking.

The re-count in Georgia may change that.

 

[timsk]

Well folks, I'm going to provide a template for Trump to follow and say I was wrong in my prediction that he would win, I'm glad the bookies were closed and I didn't manage to get my bet on and I wish JB the best of luck as the next U.S. President.

If I were Trump, I'd bow out gracefully, show some dignity, heavily laced with humility and, in my resignation speech, just add a little twist right at the end along the lines of: "Joe, you'd better use every minute of the next four years to make America great again because if you don't, I'll be back to contest the 2024 election, I'll win and I'll finish the job I started."

The prospect of Trump returning - rather than fading away never to be seen or heard of again - will send shivvers down every socialist/democrat spine in the land! ;-)
Tim.

 

[Pat494]

You Tim and Trump are poles apart. Anything you would do is most unlikely he would do too. He is bad loser and petulant.
Hopefully he will disappear off to his Florida palace and disappear. The man's attitude to doing something about the most important subject of climate change sums it up. Biden has promised to re-engage with all the other countries trying to make a difference. Why should the ignorant opinions of just one man fry the planet.