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Beeg_Dawg
ParticipantDanger – Thread drift
The last piece of legislation JFK signed was the Community Mental Health Act. The intent was to establish over 1500 community based health care units for the mentally ill. His vision never materialized, and today a large portion of the homeless would be better served in a supervised setting.Surprising no one, New York, Hawaii, California, Oregon and Washington are the top 5 (or bottom) states for homelessness.
Beeg_Dawg
Participant[quote quote=6968]
“This is one of those situations where the Progressives (who have taken over) really only care about the bottom 10%, maybe the bottom fifth of American society.”
Mick, if only that were true. Look at the inner cities, the homeless, the rural poor, the state of immigration. Progressives don’t give a hoot about the bottom 10% and never have. Progressives care about agendas, and have their agendas helped the bottom 10? Not in generations.[/quote]
Yep. Libs have ruled Oregon for the last 40 years and they continue to blame Republicans for all that is wrong. A current talking point is Reagan is the root cause of mental health problems because he closed the mental institutions. Without getting into the weeds, one simple question ends the conversation. Ok, Reagan caused the problem, what are libs doing to fix it? No response is typical.
Beeg_Dawg
Participant[quote quote=6964]
Let’s not forget we’ve had 15 years to get this right. Regulators have been securing our banking system since 2008 with reflated balance sheets, untold capital infusions and stress tests.
Stress tests were indeed put in place via Dodd-Frank. But they were subsequently removed for banks under $250 billion, like SVB, under the Trump administration (bill S.2155), when Republicans controlled Congress. Diane Feinstein had a prescient warning at the time. The vote was:
- Republicans: 50 voted in favor, 0 voted against.
- Democrats: 16 voted in favor, 31 voted against.
Paul Volker warned against the repeal, as well, among many others. Maybe we should repeal the repeal.[/quote]
If legislation were judged on length and complexity, Dodd‐Frank would be a clear winner. 849 pages long and estimated to have introduced 27,278 new regulatory restrictions lets start by repealing Dodd Frank. It’s crushing regulatory weight has eliminated small to medium size banks and made it difficult for small businesses to borrow money.
At best Dodd Frank has not accomplished what is was supposed to. It is an obstacle, not an enabler for economic growth.
Beeg_Dawg
Participant…and here comes the apology!
Beeg_Dawg
ParticipantBeeg_Dawg
ParticipantHow many times must a report like this see daylight before it is no longer anecdotal?
Beeg_Dawg
ParticipantMick, I think it will be at least 30 points next time the Fed meets. Based on the market in the last couple of days, investors might be thinking it will be more than that.
Inflation is not slowing, a fact that everyone but this administration grasps. If the Republicans have a plan to fight inflation, they are keeping it well under wraps.
It’s hard to accept the obvious sloppiness, incestuousness, and group-think afflicting mainstream media coverage of world events. Media is in the bag for Libs. I don’t believe anyone can honestly say otherwise, especially in the realm of foreign, domestic and monetary policy and national security.
I just shake my head…..
Beeg_Dawg
ParticipantInteresting to me is Biden is still ranked #1 choice in various polls with Headboard Harris or Mayor Pete at #2. Amy Klobuchar is on the top 10 list, along with Bernie Sanders if Biden doesn’t run. Gretchen Whitmer claims she is not running.
Dems are showing a little love to Governors Polis, Shapiro, and Pritzker based on big wins over Trump endorsed opponents. Then there is California’s favorite son, Gavin Newsome rounding out the top 10. Conspicuous by her absence from lists I have seen is Liz Warren.
No matter who is on the ticket for the Dems, I firmly believe Republicans will royally fock it up.
Beeg_Dawg
ParticipantIn other news, Biden administration cracks down on junk fees like ATM and overdraft charges.
Beeg_Dawg
ParticipantI’ll start with this.
https://www.oregonlive.com/living/2013/05 why_oregons_suicide_rate_is_am.html
Sat with a couple of local River Patrol Officers at dinner last night. According to them, suicides are under-reported. They pull one suicide victim from the water every week, and they are only one of 4 teams that patrol the Willamette and Columbia rivers.
More to follow. There is a lot here to unwrap.
February 7, 2023 at 4:46 pm in reply to: American children suffering in the wake of COVID pandemic #6864Beeg_Dawg
ParticipantI was all in until you got to “subsidizing”. I don’t believe people will stop having children without a subsidy. 🙂
February 7, 2023 at 3:00 pm in reply to: American children suffering in the wake of COVID pandemic #6862Beeg_Dawg
ParticipantOK, I’m going to be an a’hole. Why is the government subsidizing having children? I would ask a similar question about ALL tax credits and deductions.
Beeg_Dawg
ParticipantMakes one wonder how voters evaluate performance. From the polling, Democrats seem to view performance on political affiliation. If the person is not Republican, by default he/she is doing a good job.
Compare unfavorable polling between Kevin McCarthy and Hakeem Jefferies. McCarthy is 40% vs Jefferies 21% unfavorable rating. Both are close enough in the favorable polling to call it even at 21%.
I’m willing to bet 90% of voters 1) don’t know what either one does and 2) don’t even know who they are.
Beeg_Dawg
ParticipantI’m certain Xi is worried about Blinken cancelling his trip.
Beeg_Dawg
ParticipantMajor piece of intel for the PRC. They don’t need hypersonic missiles, just a few slow moving balloons to take us down.
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