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Goldman Wants To Know What Trump Voters Are So Damn Upset About
Obviously, large swaths of the American electorate (and this apparently applies to European voters
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Maybe middle america is fed up with being taken advantage of by the financial class. Today on CNBC, I learned that the American Bank Assoc is suing because the dividend paid to banks owning stock in the Federal Reserve was reduced last year from a fixed 6% to the lower of the 10yr ust rate or 6% and the difference was to be used for infrastructure spending. They claim the reduction is an “unlawful taking” . Wait till the public learns that the banks borrow at 0% and make 6% while savers earn squat. Watch what happens to bank stocks if Trump tweets about this!
“Maybe middle america is fed up with being taken advantage of by the financial class”… then how do you explain Trump rolling back Dodd-Frank?
Considering the Trump-Goldman alliance he would be loving it!
America being able to manufacture stuff is like a person being able to feed itself. “Heisenberg” you are a globalist… and the pendulum is swinging towards localism.
Yeah, America being able to manufacture stuff is like a person being able to feed itself. But most people stopped being able to “feed itself” more than a century ago. The manufacturing nostalgia that is so popular right now is exactly like farming nostalgia at the end of the 19th century. America doesn’t need millions of workers to start manufacturing stuff that the Chinese can make more cheaply any more than it needs millions of city folks to go back on the farm and grow stuff.
Exactly. And that same dynamic has parallels all throughout history.
You see, fly- over-America (where I’m from), hears about immigrants getting benefits even though they’ve never paid into the system. Quite frankly, that’s asinine. While I understand the long term goal of population growth and aging economies etc., taking from the WORKING CLASS, meaning a $500 bill for anything is a lot of cash, and literally giving anyone who isn’t a citizen free money/health care while we pay for it infuriates us.
A lot.
If we made it easier to become citizens, that’s fine. But otherwise, not one single dime should EVER be spent on a citizen over a non-citizen. Ever.
And yet we are letting the orange Julius spend an unspecified amount to reduce the non citizen contribution to our GDP and our non opiate labor force.
They may take some form of societal compensation but their contribution to our economy will not be replaced as easily as it is vacated, nor as cost effectively.