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| Favorite team: | LSU |
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| Number of Posts: | 52885 |
| Registered on: | 1/12/2011 |
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I disagree with your post. Cutting rates two months before an election doesn’t affect the election much. The only effect that would have is that credit card users would see a lower interest rate in the last couple of weeks leading to the election. I guess that could swing a very small number of votes, but if that was the intention, cutting six months out would be the best policy. That would allow time for mortgages, and business loans, to go down and for that free money to become stimulus for the economy.
The notion that the Fed should have cut rates more by now seems missplaced to me. I could easily be wrong, because there is a lot I don’t understand about economics, but we are seeing robust growth in the economy and higher inflation than we’d like. Why cut rates in that environment? It seems to me that inflation would explode. I felt the same way about Biden’s trillion stimulus bill; it was throwing gasoline on a fire. This would be too, imo.
The notion that the Fed should have cut rates more by now seems missplaced to me. I could easily be wrong, because there is a lot I don’t understand about economics, but we are seeing robust growth in the economy and higher inflation than we’d like. Why cut rates in that environment? It seems to me that inflation would explode. I felt the same way about Biden’s trillion stimulus bill; it was throwing gasoline on a fire. This would be too, imo.
re: What is the fascination with pushing your own self destruct button?
Posted by Penrod on 1/16/26 at 7:51 am to Mike da Tigah
There are a number of errors in your post, even though the central idea is right, imo.
First, your statement that Islam has contributed zero in 1500 years is woefully incorrect. Islam kept a great deal of knowledge alive when Christianity had lost it, plus Islam advanced science. It wasn’t until the Renaissance that Christianity took back the torch of learning, science and civilization. So change 1500 to about 700 years and you wouldn’t be wrong.
Second, Europe could resist Islamic immigration, but it’s not intuitive that this would change much. The European birth rates are the real problem. Without those picking up, Europe would fall one way or the other. Same with us.
First, your statement that Islam has contributed zero in 1500 years is woefully incorrect. Islam kept a great deal of knowledge alive when Christianity had lost it, plus Islam advanced science. It wasn’t until the Renaissance that Christianity took back the torch of learning, science and civilization. So change 1500 to about 700 years and you wouldn’t be wrong.
Second, Europe could resist Islamic immigration, but it’s not intuitive that this would change much. The European birth rates are the real problem. Without those picking up, Europe would fall one way or the other. Same with us.
That man can die happy knowing he made a real difference in this world! :cheers:
re: 6 US Attorney's resign after push to investigate Renee Good's wife...
Posted by Penrod on 1/16/26 at 7:30 am to beaux duke
quote:
i'm a fan of free speech for all
What do you think of Europe and the UK prosecuting people for social media posts that would be perfectly legal here? Note that the democrats are working to align US policies with those EU/UK policies.
re: 6 US Attorney's resign after push to investigate Renee Good's wife...
Posted by Penrod on 1/16/26 at 7:27 am to beaux duke
quote:
it was biden's administration that arrested and convicted the somali fraud
sorry it took some grifter youtuber to bring that to your attention
Buddy, the fraud was largely being swept under the table until now. Now it is being exposed by a kid on X. That is what the legacy media should have done years ago.
re: Trump now has a Nobel Peace Prize
Posted by Penrod on 1/16/26 at 7:24 am to mwade91383
quote:
Any reasonable person would’ve flatly refused an award they were not given. We’re not dealing with a reasonable person. It just makes him look even more petty.
I think that a good strategy would have been to tell her, “I’m going to pretend to accept this, so I can troll the Left for a while, but I will return it to you in a year or two.”
re: Trump now has a Nobel Peace Prize
Posted by Penrod on 1/16/26 at 7:21 am to LuckyTiger
quote:
She gave her medal to him out of honor and respect and because she believes he deserves it.
That’s not why she gave it to him.
re: Trump now has a Nobel Peace Prize
Posted by Penrod on 1/16/26 at 7:20 am to jimmy the leg
quote:
The irony is is that one President got one 3 weeks into his presidency “just because,”
This is the salient point. The gift of the medal is three things:
1. To Machado it is an attempt to get in Trump’s good graces and perhaps get him to install her party in the leadership of Venezuela.
2. To Trump it is well-deserved acknowledgement of his very real efforts towards actual peace, instead of towards the New World Order, which is what the Nobel Prize is about now.
3. To many of us it is a thumb in the eye of the Nobel committee that has become so politicized that they awarded the prize to Barak Obama who did nothing to merit it.
re: Mondo Duplantis — Greatest LSU athlete of all time?
Posted by Penrod on 1/15/26 at 7:27 pm to Zappas Stache
quote:
That has more to do with Mondo not maxing out when he breaks a WR.
I wasn’t thinking of Mondo in particular.
quote:
Canada will be a vassal state of China within 10 years.
No way we let that happen. Trump’s going to the mat over Greenland, which is not as valuable as Canada.
He risks being the Right’s RBG if he doesn’t.
quote:
Elaborate
He is being needlessly provocative, just as he was on Canada.
re: Mondo Duplantis — Greatest LSU athlete of all time?
Posted by Penrod on 1/15/26 at 7:14 pm to Zappas Stache
quote:
In poke vaulting , the wind outdoors plays a big factor. It can help you or hurt your performance. Same with all events including sprints , long jump, high jump etc. Then factor in heat , rain, cold and outdoors is a different animal.
Oh yeah, that’s why the records are so different. :lol:
re: 6 US Attorney's resign after push to investigate Renee Good's wife...
Posted by Penrod on 1/15/26 at 7:13 pm to beaux duke
quote:
bondi, x or gateway pundit eh? three super reliable sauces
What were your sources that exposed the extent of the Somali fraud? It was X, wasn’t it?
re: Mondo Duplantis — Greatest LSU athlete of all time?
Posted by Penrod on 1/15/26 at 4:38 pm to MondoDuplantisFan69
The answer very well might be Mondo, but the number of world records is meaningless. He has set the world record in one track and field event. The reason he has 14 is because he gets paid for each one, otherwise he would only have two or three. His accomplishments are much better described by how far he has advanced the record and that his biggest jump is repeatable.
Imagine if the NFL kept separate records for indoor and outdoor. It makes sense in longer races because the turns are more of a factor, but in straight sprints, and events like pole vaulting it’s a little silly.
Imagine if the NFL kept separate records for indoor and outdoor. It makes sense in longer races because the turns are more of a factor, but in straight sprints, and events like pole vaulting it’s a little silly.
quote:
40% of China's population are peasant farmers. How can the average IQ be 107. I call BS.
It’s IQ. One needn’t be educated to have a high IQ. And this is in line with a century of IQ testing that always shows Asia ahead of Europe and America.
I’d support the impeachment if Trump steals Greenland from a sovereign peaceful nation.
re: Importing Somalis is arguably the dumbest move in US history
Posted by Penrod on 1/15/26 at 4:11 pm to Chazreinhold
quote:
Importing Somalis is arguably the dumbest move in US history
Nah, all people are the same. Diversity is our strength . (But wait, that contradicts the first point, doesn’t it?) Also, obeying the law is white privilege.
re: Trump has been in office 1 year, what's the America First scorecard say?
Posted by Penrod on 1/15/26 at 4:01 pm to Bass Tiger
Damn good, imo.
I wish he hadn’t shot his mouth off about Canada. We’d have a conservative government there now.
I hate the approach he has taken on Greenland. I can’t think of much else to criticise him for other than meaningless talk.
On the good side:
- He has finally forced allies to pay their fair share of defense.
- He has also forced them to rejigger trade agreements that were unfair.
- His tariffs are forcing certain strategically important industries back within our borders.
- He cut taxes in a productive way (not just extended the previous cuts).
- He has handled foreign policy in a smart way. He has clearly learned the lessons of Iraq, and he is striking to discipline leaders rather than trying to force an ideology on them.
- He has destroyed woke
- He has destroyed the green scam
I’d call that an A+
I wish he hadn’t shot his mouth off about Canada. We’d have a conservative government there now.
I hate the approach he has taken on Greenland. I can’t think of much else to criticise him for other than meaningless talk.
On the good side:
- He has finally forced allies to pay their fair share of defense.
- He has also forced them to rejigger trade agreements that were unfair.
- His tariffs are forcing certain strategically important industries back within our borders.
- He cut taxes in a productive way (not just extended the previous cuts).
- He has handled foreign policy in a smart way. He has clearly learned the lessons of Iraq, and he is striking to discipline leaders rather than trying to force an ideology on them.
- He has destroyed woke
- He has destroyed the green scam
I’d call that an A+
re: 5 yrs probation for torture and murder of toddler
Posted by Penrod on 1/15/26 at 3:54 pm to RelentlessAnalysis
quote:
The judge is quoted as saying that she did not "like" the deal, but that she understood it ... given the evidentiary problems.
Thanks. The frustration is understandable, but it sounds like the judges had their hands tied.
re: 11 month old suffocated at daycare.
Posted by Penrod on 1/15/26 at 3:51 pm to weagle1999
quote:
Is that the same as per capita?
Let’s talk about per capita.
What’s your implication? That black people commit more crimes per capita than others? We both know that, but it is not germane to this conversation.
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