Trump Catch-All | Trump threatens to take back Panama Canal & now he wants Greenland (for national security)

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Wait, Trump proposed a cap on credit card interest rates?

Nice populist take, but its a terrible policy.
 
Wait, Trump proposed a cap on credit card interest rates?

Nice populist take, but its a terrible policy.
Why is it a terrible policy? Not disagreeing. I can see pros and cons. But you seem definitive, and you usually have good reasons when you take a hard stance.
 
Why is it a terrible policy? Not disagreeing. I can see pros and cons. But you seem definitive, and you usually have good reasons when you take a hard stance.
Because credit cards are essentially a non-collateralized loan.

If you cap interest at 10%, a whole lot of folks will either no longer “qualify” for credit cards or will be given tiny card limits due to fear of lack of repayment. (Or the cc companies will simply create 15 new “fees” to make up for the lost interest.)
 
Because credit cards are essentially a non-collateralized loan.

If you cap interest at 10%, a whole lot of folks will either no longer “qualify” for credit cards or will be given tiny card limits due to fear of lack of repayment. (Or the cc companies will simply create 15 new “fees” to make up for the lost interest.)
OK, if we are speaking specifically of his 10% proposal. Then yes, that's a terrible proposal. But I think there is a level where rates become so usurious that they are just a baited trap for poor people.
 
Why is it a terrible policy? Not disagreeing. I can see pros and cons. But you seem definitive, and you usually have good reasons when you take a hard stance.
Credit would become significantly harder to get, which is a problem in a society where a relatively small percentage of people have enough cash saved to handle an unexpected car repair.
 
Entire rant:

IMG_2888.jpegIMG_2889.jpeg

He clearly just doesn’t get it. Aside from lies about abortion, he doesn’t understand that when he claims to be for exceptions for the mother’s “life” it is not enough, it needs to be for her health and that’s about the only time late term abortions happen. When doctors claim they have to wait until the priest is called of last rights before providing life-saving healthcare, it is often too late to prevent life-altering health issue or even death of the mother.

But setting all that aside, because he clearly only “understands” abortion as a “women’s issue” in his way for the power and status he craves, at its foundation, he clearly doesn’t get most women. His rant is offering a paternalistic “daddy will take care of you” vibe that is appealing to his Mar-a-Lago emotional support cougars and a minority of young women who want a sheltered life were a husband makes all the decisions and does all the providing and they focus inward on hearth and home (or on their appearance and being an influencer or becoming a real housewife of Duluth or whatever).

But his paternalism is exactly the problem for a majority of women who don’t want men making decisions for their healthcare or their lives and don’t want to be dependent on men or “protected” from the outside world. And in Bro Culture not wanting men to protect you or control you makes you a target of their vitriol and in too many cases harassment and violence. That’s the end result of patriarchal thinking Trump embraces.
 
Again the projection....

HE is the national nightmare. People are bored with him. He was new and fresh to people 8 years ago. Now he's a bumbling old man with no new ideas and a brain that's disintegrating. He's harder to listen to than RFK
But there are still millions who think he’s the second coming.
 


“…
In an Oval Office meeting, Mr. Trump told startled aides that if Attorney General Jeff Sessions would not order the department to go after Hillary Clinton and James B. Comey, the former F.B.I. director, Mr. Trump would prosecute them himself.

Recognizing the extraordinary dangers of a president seeking not just to weaponize the criminal justice system for political ends but trying as well to assume personal control over who should be investigated and charged, the White House counsel, Donald F. McGahn II, sought to stall.

“How about I do this?” Mr. McGahn told Mr. Trump, according to an account verified by witnesses. “I’m going to write you a memo explaining to you what the law is and how it works, and I’ll give that memo to you and you can decide what you want to do.”

… The memo that Mr. McGahn’s lawyers in the White House Counsel’s Office produced following Mr. Trump’s April 2018 tirade about prosecuting Mrs. Clinton and Mr. Comey amounted to a primer on presidential power — and the limits on it — when it comes to the justice system, according to draft copies of it.


The main message to Mr. Trump in the memos was that presidential meddling in a prosecution — flouting a norm that had become deeply embedded in American politics and government in the wake of Watergate — could have profoundly negative consequences for Mr. Trump, including the potential for impeachment and electoral defeat.

Even as they made that argument, the lawyers remained so concerned about being ignored by Mr. Trump that they smuggled drafts of the memo out of the White House complex so they would have a record of their efforts to restrain him if his demands for retribution got him, and them, in political and legal trouble.

They were right to be worried. …”
 
Because credit cards are essentially a non-collateralized loan.

If you cap interest at 10%, a whole lot of folks will either no longer “qualify” for credit cards or will be given tiny card limits due to fear of lack of repayment. (Or the cc companies will simply create 15 new “fees” to make up for the lost interest.)
It also seems like a lot of governmental intervention.
 

Taylor Swift is a pretty good “hater” barometer.

People that hate Taylor Swift (not just her music) are generally haters as she’s pretty inoffensive.

Of course MAGAs hate her because she spoke out against their god king.

Gen Z males are squarely in their Hater Era. Many will grow out of it many more never will.
 
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