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The New Coffee Room

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  3. Now Trump takes a turn a price controls

Now Trump takes a turn a price controls

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  • J Offline
    J Offline
    jon-nyc
    wrote on 19 Sept 2024, 14:07 last edited by
    #1

    [Insert 'Kamala should give him a build-back-better hat' joke here]

    Thank you for your attention to this matter.

    1 Reply Last reply
    • H Offline
      H Offline
      Horace
      wrote on 19 Sept 2024, 14:09 last edited by
      #2

      Usury laws are not unheard of.

      Education is extremely important.

      1 Reply Last reply
      • J Offline
        J Offline
        jon-nyc
        wrote on 19 Sept 2024, 14:16 last edited by
        #3

        All kinds of price controls are not unheard of.

        The question is whether they make sense.

        Thank you for your attention to this matter.

        1 Reply Last reply
        • H Offline
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          Horace
          wrote on 19 Sept 2024, 14:22 last edited by
          #4

          Is there a reason the world would be a worse place with legislation to cap credit card rates, or is this just a free market principle argument?

          Education is extremely important.

          1 Reply Last reply
          • J Offline
            J Offline
            jon-nyc
            wrote on 19 Sept 2024, 14:24 last edited by
            #5

            Paternalistic types often think we should protect working class people from themselves. If you're one of those, this will be a good idea.

            Thank you for your attention to this matter.

            1 Reply Last reply
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              Horace
              wrote on 19 Sept 2024, 14:29 last edited by
              #6

              Right, free market principle type argument. I have no expectation that your twitter feed is consistent in its application of those sorts of principles. The consistency here is in finding something wrong with something Trump said.

              Education is extremely important.

              1 Reply Last reply
              • J Offline
                J Offline
                jon-nyc
                wrote on 19 Sept 2024, 14:33 last edited by jon-nyc
                #7

                He wants to cap it at 10%. Not a lot of people are going to qualify for credit at that price.

                You have a weird obsession with my twitter feed. Given my 20 year posting history, the idea that you imagine it to be some firehose of progressivism is rather strange.

                Thank you for your attention to this matter.

                H 1 Reply Last reply 19 Sept 2024, 14:40
                • J jon-nyc
                  19 Sept 2024, 14:33

                  He wants to cap it at 10%. Not a lot of people are going to qualify for credit at that price.

                  You have a weird obsession with my twitter feed. Given my 20 year posting history, the idea that you imagine it to be some firehose of progressivism is rather strange.

                  H Offline
                  H Offline
                  Horace
                  wrote on 19 Sept 2024, 14:40 last edited by
                  #8

                  @jon-nyc said in Now Trump takes a turn a price controls:

                  He wants to cap it at 10%. Not a lot of people are going to qualify for credit at that price.

                  Thank you for making an attempt at an actual argument. People not "qualifying" for credit is the idea behind any usury law.

                  You have a weird obsession with my twitter feed. Given my 20 year posting history, the idea that you imagine it to be some firehose of progressivism is rather strange.

                  I'm just noticing how many of your posts come straight out of your twitter feed these days. In fact I don't imagine it to be a firehose of woke; and I've never indicated such. That is your own interpretation.

                  Education is extremely important.

                  1 Reply Last reply
                  • D Offline
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                    Doctor Phibes
                    wrote on 19 Sept 2024, 14:44 last edited by
                    #9

                    John has a Twitter feed?

                    Any good pictures?

                    I was only joking

                    1 Reply Last reply
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                      Mik
                      wrote on 19 Sept 2024, 15:03 last edited by
                      #10

                      I'd like to see his Snapchat.

                      I don't know about this. Laws have put the payday lenders out of business around here, which is good. That was just legal loansharking. I think I'd have to take a hard look at the losses credit card companies take versus the profits before forming an opinion. Generally I'm against too much paternalistic legislation.

                      "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                      1 Reply Last reply
                      • H Offline
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                        Horace
                        wrote on 19 Sept 2024, 15:09 last edited by
                        #11

                        One could fashion a non-paternalistic case by noting how much credit card debt is eventually discharged in bankruptcy, which means that loss gets baked into the prices for everybody.

                        Education is extremely important.

                        1 Reply Last reply
                        • J Offline
                          J Offline
                          Jolly
                          wrote on 19 Sept 2024, 15:19 last edited by
                          #12

                          Negotiating.

                          Start low and settle in the middle. Certainly needs to be 20% or less.

                          I also think we need to devote more resources to cybercrime, which I'm sure helps to keep rates jacked up.

                          “Cry havoc and let slip the DOGE of war!”

                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                          1 Reply Last reply
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                            LuFins Dad
                            wrote on 19 Sept 2024, 15:24 last edited by
                            #13

                            I don’t know how many times I have to point out that Trump is a Clinton era Dem. This is right in line with that.

                            The Brad

                            H 1 Reply Last reply 19 Sept 2024, 15:27
                            • L LuFins Dad
                              19 Sept 2024, 15:24

                              I don’t know how many times I have to point out that Trump is a Clinton era Dem. This is right in line with that.

                              H Offline
                              H Offline
                              Horace
                              wrote on 19 Sept 2024, 15:27 last edited by
                              #14

                              @LuFins-Dad said in Now Trump takes a turn a price controls:

                              I don’t know how many times I have to point out that Trump is a Clinton era Dem. This is right in line with that.

                              I don't think you will get much vehement disagreement here on that. Anybody who calls Trump "far-right" is just reciting a TDS talking point.

                              Education is extremely important.

                              T 1 Reply Last reply 19 Sept 2024, 16:02
                              • H Horace
                                19 Sept 2024, 15:27

                                @LuFins-Dad said in Now Trump takes a turn a price controls:

                                I don’t know how many times I have to point out that Trump is a Clinton era Dem. This is right in line with that.

                                I don't think you will get much vehement disagreement here on that. Anybody who calls Trump "far-right" is just reciting a TDS talking point.

                                T Offline
                                T Offline
                                taiwan_girl
                                wrote on 19 Sept 2024, 16:02 last edited by
                                #15

                                @Horace said in Now Trump takes a turn a price controls:

                                Anybody who calls Harris Trump "far-right a communist" is just reciting a TDS (Trump Deification Syndrome) talking point.

                                LOL

                                H 1 Reply Last reply 19 Sept 2024, 16:14
                                • T taiwan_girl
                                  19 Sept 2024, 16:02

                                  @Horace said in Now Trump takes a turn a price controls:

                                  Anybody who calls Harris Trump "far-right a communist" is just reciting a TDS (Trump Deification Syndrome) talking point.

                                  LOL

                                  H Offline
                                  H Offline
                                  Horace
                                  wrote on 19 Sept 2024, 16:14 last edited by
                                  #16

                                  @taiwan_girl said in Now Trump takes a turn a price controls:

                                  @Horace said in Now Trump takes a turn a price controls:

                                  Anybody who calls Harris Trump "far-right a communist" is just reciting a TDS (Trump Deification Syndrome) talking point.

                                  LOL

                                  I think you'll find plenty of never-Trump conservatives who might call Kamala a socialist or communist. You won't find anybody call Trump far-right unless they have TDS.

                                  Education is extremely important.

                                  T D 2 Replies Last reply 19 Sept 2024, 16:41
                                  • H Horace
                                    19 Sept 2024, 16:14

                                    @taiwan_girl said in Now Trump takes a turn a price controls:

                                    @Horace said in Now Trump takes a turn a price controls:

                                    Anybody who calls Harris Trump "far-right a communist" is just reciting a TDS (Trump Deification Syndrome) talking point.

                                    LOL

                                    I think you'll find plenty of never-Trump conservatives who might call Kamala a socialist or communist. You won't find anybody call Trump far-right unless they have TDS.

                                    T Offline
                                    T Offline
                                    taiwan_girl
                                    wrote on 19 Sept 2024, 16:41 last edited by
                                    #17

                                    @Horace said in Now Trump takes a turn a price controls:

                                    I think you'll find plenty of never-Trump conservatives who might call Kamala a socialist or communist.

                                    Maybe President Trump is a never Trumper. 555. Part of the 4-D chess I guess. LOL

                                    President Trump on Aug 26

                                    "She is a communist, I guess," Trump said.... "She is really a Marxist. Her father is a Marxist professor. … This country is not ready for a Marxist or a communist."

                                    On Sept 3

                                    "She is in fact a Marxist-slash-communist."

                                    J 1 Reply Last reply 19 Sept 2024, 17:49
                                    • H Offline
                                      H Offline
                                      Horace
                                      wrote on 19 Sept 2024, 16:49 last edited by
                                      #18

                                      I guess arguments can go anywhere if we abandon any pretense of following them. I didn’t actually say Trump didn’t call Harris a Marxist. I heard him say that during the debate. I attempted to establish that that is a mainstream conservative talking point rather than a MAGA talking point.

                                      Education is extremely important.

                                      T 1 Reply Last reply 20 Sept 2024, 01:29
                                      • H Horace
                                        19 Sept 2024, 16:14

                                        @taiwan_girl said in Now Trump takes a turn a price controls:

                                        @Horace said in Now Trump takes a turn a price controls:

                                        Anybody who calls Harris Trump "far-right a communist" is just reciting a TDS (Trump Deification Syndrome) talking point.

                                        LOL

                                        I think you'll find plenty of never-Trump conservatives who might call Kamala a socialist or communist. You won't find anybody call Trump far-right unless they have TDS.

                                        D Offline
                                        D Offline
                                        Doctor Phibes
                                        wrote on 19 Sept 2024, 17:10 last edited by
                                        #19

                                        @Horace said in Now Trump takes a turn a price controls:

                                        I think you'll find plenty of never-Trump conservatives who might call Kamala a socialist or communist. You won't find anybody call Trump far-right unless they have TDS.

                                        Far-right means different things to different people. Some people are very right-wing about immigrants or social issues whilst being being in favour of government intervention economically. Other people are big believers in the free market ruling everything but perfectly happy to let people marry who they want and have intimate relations with farmyard animals if the need takes them.

                                        Trump is a populist more than anything, and rather all-over-the place when it comes to actual policies. People on both the right and left frequently say he's a conservative, despite plenty of evidence to the contrary.

                                        As far as calling Kamala a communist goes, that's about as accurate as calling Obama a Muslim, which quite a few people did.

                                        I was only joking

                                        1 Reply Last reply
                                        • T taiwan_girl
                                          19 Sept 2024, 16:41

                                          @Horace said in Now Trump takes a turn a price controls:

                                          I think you'll find plenty of never-Trump conservatives who might call Kamala a socialist or communist.

                                          Maybe President Trump is a never Trumper. 555. Part of the 4-D chess I guess. LOL

                                          President Trump on Aug 26

                                          "She is a communist, I guess," Trump said.... "She is really a Marxist. Her father is a Marxist professor. … This country is not ready for a Marxist or a communist."

                                          On Sept 3

                                          "She is in fact a Marxist-slash-communist."

                                          J Offline
                                          J Offline
                                          Jolly
                                          wrote on 19 Sept 2024, 17:49 last edited by Jolly
                                          #20

                                          @taiwan_girl said in Now Trump takes a turn a price controls:

                                          @Horace said in Now Trump takes a turn a price controls:

                                          I think you'll find plenty of never-Trump conservatives who might call Kamala a socialist or communist.

                                          Maybe President Trump is a never Trumper. 555. Part of the 4-D chess I guess. LOL

                                          President Trump on Aug 26

                                          "She is a communist, I guess," Trump said.... "She is really a Marxist. Her father is a Marxist professor. … This country is not ready for a Marxist or a communist."

                                          On Sept 3

                                          "She is in fact a Marxist-slash-communist."

                                          Have you looked at her policy positions over the years? Can you say with a straight face that she doesn't have strong socialist leanings?

                                          “Cry havoc and let slip the DOGE of war!”

                                          Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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