The Official Politics Thread (enter at your own risk)

[Come On You Irons]

There. Resident WHO political commentators and gurus can knock yourselves out in here and conduct your endless bickering. All other threads will be locked.

[Nutsin]

Let's see how the markets - especially the bond market - reacts to 'liberation day'.

Now is not the time to be trading with leverage, fully paid only. The VIX is up as expected, but a good opportunity to short if you want to make a quick buck.
Remember to Dollar cost average your way in to any position.
10 yr T Bill is down, which is good for long term interest rates. A sign of money moving out of equities and into Bonds. Lower yields means bond values go up. 
The big winner here and what makes this volatility such a big win for the USA is the Gov’t has to re-issue 9 Trillion in existing debt this year most has to be re-issued by June, lower yields means less interest being paid on our debt saving the Treasury a fist full of Dollars, in turn reducing the cost to carry our debt. 
Coupled with all this Tariff money we will see our budget deficit reduce another big win for our debt. 

Add to that the tax breaks Trump is preparing in his new bill, which will spur growth and increase our GDP too. Finally we have a President looking to do something with the runaway debt, which will help reduce inflation.

Talking about inflation I see oil prices are down Again. Another win for the fight against inflation.

Dow is down big, some big buying opportunities to be had. Although I’d be hesitant to buy any Auto stock especially European.

Trump bringing manufacturing back means the end  of supply chain issues that drove up inflation over here. And removes National Security issues now we will not be at the mercy of China for our medicine and our steel and aluminum etc: All American military equipment including our ships will be made with U S steel.

Trump’s turning everything on its head which will ultimately rebuild the middle class and reduce the big divide of the have’s and have not’s. A divide widened by Central banks constant interventions in the market place.


Then there is less immigration, Border crossings have all but disappeared, Illegals leaving (self deporting) as well as being deported will be good for wage growth. So legal ethnic workers, can expect to see some much better paying jobs all across the USA, 

Trump really is making the American worker wealthy again.

It’s a long term strategy that will pretty much quash the Dem party for years to come. Any market volatility is temporary. So take advantage of it.

Nice to have a President with Ideas and a plan. Beats sleepy Joe the man who didn’t have a clue and who the liberal propaganda networks are now admitting covered up just how much of a vegetable he was. Tell me why do you still pay section to these networks that constantly lie to you? Of course these liberal networks will be fear mongering and the usual fuckwits will hang on every word they report as if it matters. The only ones long in fear are those on the left because Trump is about to destroy their divisive narrative once and for all, just a matter of time!

MAGA!

[Sydney_Iron]

 

Sydney, Trumps Tarrifs are in response to Australias non trade barriers. Not reciprocal Tarrifs. Get it right ffs! Which is why it’s only a10% Tarrif. If we want free and fair trade remove the barriers or pay the Tarrifs. Let’s see what happens.

I have a funny feeling Australia will start to practice free and fair trade like it’s suppose to be and remove their unfair barriers. Not sure why you think Australia has the higher ground here, they’re the ones currently practicing protectionism. 

Well we will see what happens! Aussie PM when interviewed was adamant the ban is for bio security measures and until the experts say imported Beef is safe, we won't be accepting any, granted those experts are overly cautious IMO, but that's who the Australian government use for such measures.  

Apparently Australian beef fills the shortfall in demand for beef in the USA, local produces can't meet demand, so looks like it will be the American consumer who has to pay 10%, Australia also had a big spat with China a couple of years ago (ironically for the AUKUS deal and buying nuclear Subs from the USA) so that market dropped off as they came up with BS as to not buying Aussie agricultural products, but now it seems China (and the EU) is open to resuming more Beef imports! i wonder why????

This from a top Aussie official!'

While the US is our biggest market for beef, predominantly what goes in there is trimmed. They take our lean frozen trim and mix it with their fresh fatty trim to make their beef patties for their beloved hamburgers.

'No other country is capable of supplying the lean trim that Australia is so they're going to continue to import it and the 10 per cent tariff will be passed on to the US consumer.'

[goose]

Let's see how the markets - especially the bond market - reacts to 'liberation day'.

[Monsieur merde de cheval]

I see the clown show has begun. Took a little longer than I thought but the pisshead Pete Hogbreath is way out of his depth. How the fuck can you not check who was on the chat group . Laughable incompetence. And then peppering the chat with these emojis after the bombing . Schoolboy stuff. Fuck Trump and his merry band of cretins.

Lives rent free in your nut  doesn't he 
Glorious .

[Monsieur merde de cheval]

I'm gonna smash the gangs 

[Nutsin]

Think Trump got his wires or advise wrong when it comes to Australia, singled out Australian Beef and Australian government banning USA imports when he was doing his Tarriff pitch, not sure if he realized or his advisors didn't tell him or not, but Australia doesn't impose ANY Tariffs on American goods, so kind of makes the reciprocal tariff statement look stupid

Australia has the world's strictest bio security laws, and currently ALL beef products, from ALL countries are banned from being imported into Australia, it has nothing to do with Tariffs and to do with keeping Australia free from many diseases including the mad cow one which we don't have a problem with.

Silly Orange cսnt

Not against his Tariffs if reciprocal, seems some countries have been taking the piss so can see the logic! 

Sydney, Trumps Tarrifs are in response to Australias non trade barriers. Not reciprocal Tarrifs. Get it right ffs! Which is why it’s only a10% Tarrif. If we want free and fair trade remove the barriers or pay the Tarrifs. Let’s see what happens.

I have a funny feeling Australia will start to practice free and fair trade like it’s suppose to be and remove their unfair barriers. Not sure why you think Australia has the higher ground here, they’re the ones currently practicing protectionism. 

[Sydney_Iron]

Think Trump got his wires or advise wrong when it comes to Australia, singled out Australian Beef and Australian government banning USA imports when he was doing his Tarriff pitch, not sure if he realized or his advisors didn't tell him or not, but Australia doesn't impose ANY Tariffs on American goods, so kind of makes the reciprocal tariff statement look stupid

Australia has the world's strictest bio security laws, and currently ALL beef products, from ALL countries are banned from being imported into Australia, it has nothing to do with Tariffs and to do with keeping Australia free from many diseases including the mad cow one which we don't have a problem with.

Silly Orange cսnt

Not against his Tariffs if reciprocal, seems some countries have been taking the piss so can see the logic! 

[Nutsin]

Yeh you can. 

The tax payer despises people who get handouts and do nothing. The mooch moans about tax rates and uses them as an excuse not to work.

I pay the top end tax rate in this country, how about you?

I pay top end too. Which is why I’m a Republican.

You sure you pay top end? I think you’re lying again.

I honestly couldn’t care less if you believe me or not. 

Being a republican has nothing to do with what tax band you’re in.

Getting back to the point, this country has something fundamentally wrong in its society. People are happy not to work and seem to think that they deserve nice things so they nick them instead of working for them. 

As I said they think it’s all one big hand out. I blame the politicians. If you think society is fucked up now, wait till the handouts have to stop and inflation really kicks in. They’ll be stealing everything in sight. 

What a shame and what a mess!

Although I’m sure they’ll want to tax the rich some more until there’s nothing left.

[goose]

“But a large chunk of society don’t fancy working hard” LOL!

I find You can always tell the mooch from the tax payer when it comes to discussing taxation.

Yeh you can. 

The tax payer despises people who get handouts and do nothing. The mooch moans about tax rates and uses them as an excuse not to work.

I pay the top end tax rate in this country, how about you?

I pay top end too. Which is why I’m a Republican.

You sure you pay top end? I think you’re lying again.

I honestly couldn’t care less if you believe me or not. 

Being a republican has nothing to do with what tax band you’re in.

Getting back to the point, this country has something fundamentally wrong in its society. People are happy not to work and seem to think that they deserve nice things so they nick them instead of working for them. 

[Nutsin]

Maybe you could get a 6 year old to explain how to calculate income tax & NI as well while you’re there as you seem incapable.

not one person ever decided against being ambitious because of the top rate of income tax. 

If you work hard you often do get somewhere, but a large chunk of society don’t fancy working hard.

“But a large chunk of society don’t fancy working hard” LOL!

I find You can always tell the mooch from the tax payer when it comes to discussing taxation.

Yeh you can. 

The tax payer despises people who get handouts and do nothing. The mooch moans about tax rates and uses them as an excuse not to work.

I pay the top end tax rate in this country, how about you?

I pay top end too. Which is why I’m a Republican.

You sure you pay top end? I think you’re lying again.

[goose]

Never said they would.

allow me to explain it to you like I’m talking to a 6 year old.

My point is the kids today see no opportunity to better themselves. All they see is handouts, no incentives to work, what’s the point? Work your ass off to get nowhere.

Heavy taxation kills ambition and the entrepreneurial spirit.

Hope that helps!

Maybe you could get a 6 year old to explain how to calculate income tax & NI as well while you’re there as you seem incapable.

not one person ever decided against being ambitious because of the top rate of income tax. 

If you work hard you often do get somewhere, but a large chunk of society don’t fancy working hard.

“But a large chunk of society don’t fancy working hard” LOL!

I find You can always tell the mooch from the tax payer when it comes to discussing taxation.

Yeh you can. 

The tax payer despises people who get handouts and do nothing. The mooch moans about tax rates and uses them as an excuse not to work.

I pay the top end tax rate in this country, how about you?

[Nutsin]

 

I don’t think anyone on 150k is considering giving it up to claim benefits and start shop lifting.

Never said they would.

allow me to explain it to you like I’m talking to a 6 year old.

My point is the kids today see no opportunity to better themselves. All they see is handouts, no incentives to work, what’s the point? Work your ass off to get nowhere.

Heavy taxation kills ambition and the entrepreneurial spirit.

Hope that helps!

Maybe you could get a 6 year old to explain how to calculate income tax & NI as well while you’re there as you seem incapable.

not one person ever decided against being ambitious because of the top rate of income tax. 

If you work hard you often do get somewhere, but a large chunk of society don’t fancy working hard.

“But a large chunk of society don’t fancy working hard” LOL!

I find You can always tell the mooch from the tax payer when it comes to discussing taxation.

[goose]

You make 150k per year you are paying 45% income tax and 2% N I contributions. So 47%, So you clear 79,500 LOL.
Fuck that!
Not quite over 50% but pretty close. Then if you want to buy a home because you work hard and are considered successful only to get hit with Property tax. Good eh!

 

I don’t think anyone on 150k is considering giving it up to claim benefits and start shop lifting.

Never said they would.

allow me to explain it to you like I’m talking to a 6 year old.

My point is the kids today see no opportunity to better themselves. All they see is handouts, no incentives to work, what’s the point? Work your ass off to get nowhere.

Heavy taxation kills ambition and the entrepreneurial spirit.

Hope that helps!

Maybe you could get a 6 year old to explain how to calculate income tax & NI as well while you’re there as you seem incapable.

not one person ever decided against being ambitious because of the top rate of income tax. 

If you work hard you often do get somewhere, but a large chunk of society don’t fancy working hard.

[Nutsin]

Don't be silly.
"most" of what you earn isn't taken from you at all.

and not working or shoplifting just makes the situation worse for everyone.

You make 150k per year you are paying 45% income tax and 2% N I contributions. So 47%, So you clear 79,500 LOL.
Fuck that!
Not quite over 50% but pretty close. Then if you want to buy a home because you work hard and are considered successful only to get hit with Property tax. Good eh!

 

I don’t think anyone on 150k is considering giving it up to claim benefits and start shop lifting.

Never said they would.

allow me to explain it to you like I’m talking to a 6 year old.

My point is the kids today see no opportunity to better themselves. All they see is handouts, no incentives to work, what’s the point? Work your ass off to get nowhere.

Heavy taxation kills ambition and the entrepreneurial spirit.

Hope that helps!

[Nurse Ratched]

An annual salary of £150k will leave you with £91k after tax and NI are deducted.

Pfft. COYI wouldn't get out of bed for that.

[,]

An annual salary of £150k will leave you with £91k after tax and NI are deducted.

[goose]

Why would they want to work, most of what people earn is taken from them. 

Don't be silly.
"most" of what you earn isn't taken from you at all.

and not working or shoplifting just makes the situation worse for everyone.

You make 150k per year you are paying 45% income tax and 2% N I contributions. So 47%, So you clear 79,500 LOL.
Fuck that!
Not quite over 50% but pretty close. Then if you want to buy a home because you work hard and are considered successful only to get hit with Property tax. Good eh!

 

I don’t think anyone on 150k is considering giving it up to claim benefits and start shop lifting.

[Nutsin]

After our game last night, I flicked over onto a programme about shoplifting in the UK. That show made me incredibly sad. There is a sizeable chunk of society who do not give a shit about anyone else, and most of them are kids. They don't wanna work for anything, they just feel they can take whatever they want and its fine. They live off the state and are happy to cheat the tax payer.

zero sense of community and zero work ethic, and we're not talking about a few people here - this is a big chunk of the country.

Why would they want to work, most of what people earn is taken from them. 

Don't be silly.
"most" of what you earn isn't taken from you at all.

and not working or shoplifting just makes the situation worse for everyone.

You make 150k per year you are paying 45% income tax and 2% N I contributions. So 47%, So you clear 79,500 LOL.
Fuck that!
Not quite over 50% but pretty close. Then if you want to buy a home because you work hard and are considered successful only to get hit with Property tax. Good eh!

[goose]

After our game last night, I flicked over onto a programme about shoplifting in the UK. That show made me incredibly sad. There is a sizeable chunk of society who do not give a shit about anyone else, and most of them are kids. They don't wanna work for anything, they just feel they can take whatever they want and its fine. They live off the state and are happy to cheat the tax payer.

zero sense of community and zero work ethic, and we're not talking about a few people here - this is a big chunk of the country.

Why would they want to work, most of what people earn is taken from them. 

Don't be silly.
"most" of what you earn isn't taken from you at all.

and not working or shoplifting just makes the situation worse for everyone.

[Nutsin]

After our game last night, I flicked over onto a programme about shoplifting in the UK. That show made me incredibly sad. There is a sizeable chunk of society who do not give a shit about anyone else, and most of them are kids. They don't wanna work for anything, they just feel they can take whatever they want and its fine. They live off the state and are happy to cheat the tax payer.

zero sense of community and zero work ethic, and we're not talking about a few people here - this is a big chunk of the country.

Why would they want to work, most of what people earn is taken from them. 

[goose]

After our game last night, I flicked over onto a programme about shoplifting in the UK. That show made me incredibly sad. There is a sizeable chunk of society who do not give a shit about anyone else, and most of them are kids. They don't wanna work for anything, they just feel they can take whatever they want and its fine. They live off the state and are happy to cheat the tax payer.

zero sense of community and zero work ethic, and we're not talking about a few people here - this is a big chunk of the country.

I saw that too, didn't they say that anything nicked with a value less than £200 isn't pursued by the old bill?

Yeh that's what they said, apprently 'they' are trying to change the law.

[violator]

After our game last night, I flicked over onto a programme about shoplifting in the UK. That show made me incredibly sad. There is a sizeable chunk of society who do not give a shit about anyone else, and most of them are kids. They don't wanna work for anything, they just feel they can take whatever they want and its fine. They live off the state and are happy to cheat the tax payer.

zero sense of community and zero work ethic, and we're not talking about a few people here - this is a big chunk of the country.

I saw that too, didn't they say that anything nicked with a value less than £200 isn't pursued by the old bill?

[goose]

After our game last night, I flicked over onto a programme about shoplifting in the UK. That show made me incredibly sad. There is a sizeable chunk of society who do not give a shit about anyone else, and most of them are kids. They don't wanna work for anything, they just feel they can take whatever they want and its fine. They live off the state and are happy to cheat the tax payer.

zero sense of community and zero work ethic, and we're not talking about a few people here - this is a big chunk of the country.

[Hammer I am]

 

I see you don't know what unequivocable means.

'The tragedy of 7 July 2005 demands that all of us, both in public life and in civil and religious society, confront together the problems of Islamophobia, racism, unemployment, economic deprivation and social exclusion – factors that may be alienating some of our children and driving them towards the path of anger and desperation.'

Nice quote mining as ever surface, your ability to avoid admitting you may have been ignorant on certain things and refuse to concede you may not be as 100% informed as you thought  is impressive. Is the below unequivocal enough for you? 

“We, as Muslim Imams and religious leaders, condemn the recent terror attacks in Manchester and London in the strongest terms possible. Coming from a range of backgrounds, and from across the UK; feeling the pain the rest of the nation feels, we have come together to express our shock and utter disgust at these cold-blooded murders.We are deeply hurt that a spate of terror attacks have been committed in our country once more by murderers who seek to gain religious legitimacy for their actions. We seek to clarify that their reprehensible actions have neither legitimacy nor our sympathy.

[Nutsin]

So First it was the USA Dems trying to take out the threat of Trump, then it was Romania and now it’s France banning LePenn.

Tell me again, who is the threat to Democracy?