The Trump Presidency | Biden Inaugurated

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I don't know about the military specifically. The carmakers offered ridiculous lease terms to everyone post recession as they couldn't sell any cars. Now everyone is coming off the leases and flooding the second hand market, so resale prices are crashing and someone, either the consumer or the manufacturer, is picking up the tab. Thankfully the value of a car is much lower than the value of a house so the crash if it happens won't be as big.
:eek: 1 trillion
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I don't know about the military specifically. The carmakers offered ridiculous lease terms to everyone post recession as they couldn't sell any cars. Now everyone is coming off the leases and flooding the second hand market, so resale prices are crashing and someone, either the consumer or the manufacturer, is picking up the tab. Thankfully the value of a car is much lower than the value of a house so the crash if it happens won't be as big.

:eek: 1 trillion
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I remember John Oliver did a good piece on auto loans, I think last year, I can't remember if it was exactly this issue he was talking about but I do remember thinking it was a big big problem.
 


Erm, wow! I wonder what he means by this? He clearly knows something we don't. :nervous:


Reading some of the replies is funny.

The alt right people posting nonsense that Holder is worried and is going to jail for his criminal activities :lol:

Here's a few gems



 
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:eek: 1 trillion
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Its not great but mortgages were 10x that. Houses are also much harder to repossess and sell on than cars, which meant lenders couldn't get their money back quickly enough. That shouldn't be such a problem here.
 
what both UK and US are suffering from is years of neglect in investment in people and infrastructure. Just giving tax cuts that do not trickle down.
Its inevitable these boom bust cycles become more frequent.

Exactly then immigrants are used as scapegoats. Trickle down economics have never and wont ever work.
 
I'm sure I have moaned about this before. I hate graphs like these where the Y axis doesnt start from 0.
Mixed feelings for me. Often necessary to show something that would otherwise be hidden. However, it should n
Its not great but mortgages were 10x that. Houses are also much harder to repossess and sell on than cars, which meant lenders couldn't get their money back quickly enough. That shouldn't be such a problem here.
Although houses tend to hold value better than a car. I think that was part of the issue with the military loans. They'd end up owing in far excess of the car value.


I've always been amazed at the cars people drive here. Amount spent versus say salary is way off.
 
Wouldn't be surprised if he makes 2020 that he could run as an independent
 
Why can't he just abandon politics? ;)

Wouldn't be surprised if he makes 2020 that he could run as an independent
I wouldn't be surprised if he resigns before he can be impeached, blames CNN for wasting everyone's time on his fake scandals, and attempts in vain to become a kingmaker/political powerbroker.
 
:lol:

Is she sure she didn't go to Iceland by mistake?

I don't dare ask what she thinks an Irish person should look or sound like...

:lol: She said the only Irish people she saw the entire trip was her family. She's batshit hence why I didn't want to argue. I simply cannot be arsed with someone who is so hypocritical and of the generation that don't realise they are exceedingly racist. She enjoyed the fruits of the EU by living in Spain for 15 years yet thinks it was the UK's worst ever decision to join? I think that counts as batshit. Meanwhile, talking of batshit, here's the king of batshit himself.....



:lol: FFS! So many jokes, so much wrong. Wow, just wow!



Yup, Qatar, the country that none of you feckers can pronounce (it's really not pronounced CUTTER!) is being scapegoated for all the world's terrorist ills while Saudi Arabia continues on as its normal abhorrent self with not only your blessings, but also your money and your sweaty little hands all over it's balls, I mean orbs.



:lol: Probably phoning his sleazy mate Berlosconi. Ugh!
 
Keep seeing Sarah Huckabee Sanders saying in no way has Trump encouraged violence. Instead of playing that over and over why not show it once with clips of him doing just that! Useless.
 
Keep seeing Sarah Huckabee Sanders saying in no way has Trump encouraged violence. Instead of playing that over and over why not show it once with clips of him doing just that! Useless.

Well you have to give it to Mike, he's spawned a daughter who is as full of shit, as hypocritical and as detestable as he is himself. The fact the family constantly hides behind Christianity and always try to make out they are good, honest Christians while simultaneously attacking a minority or the poor, absolutely disgusts me.
 
You just know that meme hitting 500k likes is going to spur him on. Can see more coming this week.

I was just thinking exactly the same, but do you know what? GOOD! I hope it does, because the more he talks, the more harm he does and the more chance there is of him slipping up. I've said it all along if the press can't ignore him which would be the absolute best way of dealing with him, then they should goad him and egg him on because he will be the master of his own downfall. The more he feels emboldened the more he gets himself in to trouble.
 
Well you have to give it to Mike, he's spawned a daughter who is as full of shit, as hypocritical and as detestable as he is himself. The fact the family constantly hides behind Christianity and always try to make out they are good, honest Christians while simultaneously attacking a minority or the poor, absolutely disgusts me.
Sums him up and several others who at the drop of a hat abandon their "strong convictions" when it suits them.
 
he appealed to people's fears. The DNC ignored blue color voters. Trump filled that void.

To say 'well he did that too' is crazy

The only void Trump filled was showing how misinformed, scared and racist much of America is. "Make America Great Again" was basically dog-whistle for "We had enough of the black guy for 8 years". If Americans weren't so easily swayed by the media and actually tried to inform themselves of why some of their lives are shitty, we wouldn't be having this conversation right now. According to most of them (Trump voters)....Obama, illegals, minorities, Muslims and the "left", were the reasons why America is the way it is, their coal jobs are gone and they're working longer for minimum wage. It's not the politicians they consistently elect to Congress who screw them over.
 
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Mixed feelings for me. Often necessary to show something that would otherwise be hidden. However, it should n

Although houses tend to hold value better than a car. I think that was part of the issue with the military loans. They'd end up owing in far excess of the car value.


I've always been amazed at the cars people drive here. Amount spent versus say salary is way off.
Car loans tend to have higher interest rates for this reason too. So the value of those loans which shows up as assets on bank balance sheets could increase quickly.
 
Its not great but mortgages were 10x that. Houses are also much harder to repossess and sell on than cars, which meant lenders couldn't get their money back quickly enough. That shouldn't be such a problem here.

If the loan market collapses and banks start repossessing to save assets there will be a rise in murder and attempted murders. How many persons will resort to shooting would be repos? Numerous. Heck, I might do so as well if I see some asshat trying to get into my car at 0200 hours.

Disclaimer: My F150 has been paid off for 7 years. I bought a 525i in Jan 16 and financed over four years (I could have paid out in cash but always believe it's better to keep the large cash stack and finance over X years; plus I got a great rate from USAA). Both vehicles were bought used and under KBB value. If push came to shove in a market collapse I could easily pay off the loan balance.
 
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Well you have to give it to Mike, he's spawned a daughter who is as full of shit, as hypocritical and as detestable as he is himself. The fact the family constantly hides behind Christianity and always try to make out they are good, honest Christians while simultaneously attacking a minority or the poor, absolutely disgusts me.

It's the American xian way! Speaking of, I noticed yesterday my grandmother awakened from her deplorable slumber to post this gem on Pres Obama's official FB page... "You are despicable for disrespecting our President. When you were in office we that didn't want you showed respect. You tried to destroy our country, now we've got somebody in there to clean up your mess."
 
I'm sure I have moaned about this before. I hate graphs like these where the Y axis doesnt start from 0.

I see your point. But that's a very easy graph to read. There would never be a time that it would ever be zero.

That graph shown on an axis carrying a zero looks ridiculous. I knocked it up in excel.

It could be illustrated better though.
 
It's the American xian way! Speaking of, I noticed yesterday my grandmother awakened from her deplorable slumber to post this gem on Pres Obama's official FB page... "You are despicable for disrespecting our President. When you were in office we that didn't want you showed respect. You tried to destroy our country, now we've got somebody in there to clean up your mess."

* Facepalm *
 


Funny that 3 out of the 4 of them are down to Obama, and the 4th (ISIS) hasn't actually been a success.

 
:lol:




I see what he's doing, with all the global warming from climate change people won't need to much heat in the winter. See how he thinks? Unfortunately he really doesn't give a shit, he just cares about money to his rich mates. I saw an advert yesterday and subsequent Trump supporters championing it as a success of his Presidency. It said that due to all the positions in Government still unfilled, that Trump had saved taxpayers around $22 Million dollars. The Trump supporters were lapping this up. Of course, completely missing the fact Melania was costing them $2m a month to be in NYC and that Trump has charged the Secret Service millions for staying at Mar-a-Lago when protecting him and even charging them for using golf carts to follow him round his own course. Insane!


Oh..



:lol: :lol: :lol:
 
I wouldn't be surprised if he resigns before he can be impeached, blames CNN for wasting everyone's time on his fake scandals, and attempts in vain to become a kingmaker/political powerbroker.
It could be. He would try to show the people he can't run a country because everyone is against him.
 
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Its basically something like this. Bannon wants Trump to raise taxes on the wealthy to fund Middle Class tax cuts.

Pretty much a complete departure from GOP trickle down economics orthodoxy and bound to start a massive fight with GOP congressional members.

 
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