Understanding the US - Again

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Lalmohan
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Re: Understanding the US - Again

Postby Lalmohan » 10 Oct 2018 22:01

she's down for 2024 not 2020

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Re: Understanding the US - Again

Postby UlanBatori » 10 Oct 2018 22:21

Singha wrote:she failed to push assad out despite all efforts.
thats the bottomline.
:mrgreen:
But u have to admire the Poonjabi chutzpah.
Her Boss comes to UN and gets laughed-at by the whole body. (imo thij eej y she was retired from there..) And she claims:
America is RESPECTED. People may not LIKE us, but they RESPECT us.
I think BO set out with the grandiose notion that the US should be respected, not feared. "Laughed at" was not in the UN lexicon in those days.
And to top that she claims among her accomplishments:
Tough action on Syrian chemical weapons

Improved relations and discussions with the Russians
:rotfl:
This is how History is "Made In America". George Orwell tried to visualize this but even his imagination was simply not up to it.

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Re: Understanding the US - Again

Postby ramana » 10 Oct 2018 23:04

Not against DT.

Lalmohan
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Re: Understanding the US - Again

Postby Lalmohan » 11 Oct 2018 01:48

depends what happens in the mid terms no?

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Re: Understanding the US - Again

Postby ramana » 11 Oct 2018 02:41

Mid Terms.
Congress- ~ Democrats***
Senate - Repubs
2020 - DT

*** Usually the party that has the President stays home and the opposition wins the House by large margin from 63 to 40 in the past.
However thanks to the SC confirmation fight Repubs might come out and vote. This will reduce the margin of victory for the Democrats in the House.

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Re: Understanding the US - Again

Postby UlanBatori » 11 Oct 2018 04:06

Stay home is the wild card here. If turnout is high this time, COTUS results may surprise. Although the elephants are nothing to cheer about, the donkeys appear to have outdone them in the race to the bottom. Plus... they have no identifiable leadership.
The major negative news against the present administration/elephant-controlled COTUS is, afaik:
1. Bias against Muslims.
2. Trying to dismantle BOCARE, with premiums still rising and confusion prevailing.
3. Hated by Europeans
4. Hated by Chinese
5. Hated by Unions in US
6. Inaction on Immigration Reform beyond Building Walls and Deporting Families, Separating Children.
7. Russian interference


Of the above:
(1), (3), (4), (5) may be viewed as mostly positive/neutral by usual elephant-dung smellers.

(2) is a SNAFU. No one has done better, and since BO CARE is still around, it gets the blame.
(7) is just business as usual: argues for Strong Defense, where DT wins.

Against this, tangible positives:
1. Rising number of jobs
2. Stock market rise
3. Action to stop terrorist influx (whether that is the reality or not)
4. Generally positive tax reform
5. Action against Chinese
6. Strong dollar: great for touring the world.
7. Strong Defense: increased defense spending. Tough on Rooskies and Eyeranians and Evil Assad. Any failures are BO's fault.
8. Strong Supreme Court (i.e., from elephant pov)

I think the National Debt is so far out of control that no one talks about it, but generally, the only way out of that is to make the stock market and dollar rise, and keep interest rates low. That is mostly happening.

Now it comes down to the effectiveness of the Elephant Machine in communicating that there is a Civil War on, and if the elephants sit on their hands and don't vote, all the good work will go down the tubes.
I saw some of the election "campaign" dung-throwing on TV and it's still safely ZeroIQ as in "who is sending jobs abroad?" (Answer: both parties' candidates). Who is corrupt? (Both). etc.

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Re: Understanding the US - Again

Postby vera_k » 11 Oct 2018 05:51

Polls are starting to come in. The Rs may keep the house after all if this pattern is seen elsewhere.
New poll shows 10-point lead in the 8th District

spike in support came largely from women, who broke sharply for him over the weekend (see the gender breakdown in the chart below)

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Re: Understanding the US - Again

Postby UlanBatori » 11 Oct 2018 06:37

Interesting opinions: Donkeys used CBF to hurt BK: ultimately donkeys were seen as the cruel abusers. Also, "donkeys convinced themselves that everyone would see BK as sub-human, they way they pictured him. Backfired." In the Washington 8th Dt case this is a shame, the donkey there seems well qualified and might be useful in medical reform, while the elephant is a mafia bijnej mard.

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Re: Understanding the US - Again

Postby vijayk » 11 Oct 2018 21:47

https://www.nysun.com/national/kavanaug ... map/90425/
Kavanaugh May Change Election Map

Is this Repubs day dreaming or real? Sad if this is true. There needs to be a check against DT.

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Re: Understanding the US - Again

Postby Karthik S » 11 Oct 2018 22:18

Guys any interest or discussion on possible sanctions on India as mentioned by DT today?

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Re: Understanding the US - Again

Postby ricky_v » 11 Oct 2018 22:44

^^ It all depends on where you stand. There are people caught up in the whole scumbag/ angel mythos and then there are the global Samaritans who are engaged in the lords work of spreading fud in the psychosis addled country. The end goal should be clear though. I believe in the group of people who want the weapon density of the us to become very high, with all sorts of variants. If JC is happy with people owning machine guns think how happy he must be with them owning grenade launchers.
But at the end, if people are not rioting it would all be for naught.It matters not one whit on the genus of animal occupying the whitewashed halls of power.

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Understanding the US - Again

Postby Peregrine » 12 Oct 2018 02:40

How Donald Trump is rerouting world's oil tankers – Bloomberg

NEW DELHI: West African and Latin American producers are sending ever-growing volumes of crude to China. America’s exports to the Asian country have slumped in favour of its neighbours. There’s an urgent global need to find replacement barrels for Iran’s, whose exports might just collapse next month.

The thing that connects the shifting flows is Trump’s foreign policy. China’s slumping purchases of American crude -- and its extra buying from elsewhere -- have coincided with a trade war between the US and the Asian country. Likewise, re-imposed sanctions on Iran, which start November 4, have increased the need for the type of heavy, sour crude that the Persian Gulf state sells.

“If you combine the impact of US sanctions on Iran and the US trade war with China, it is Trump’s foreign policy which is reshaping oil flows,” said Olivier Jakob, managing director of consultancy Petromatrix GmbH. “The US is becoming a great energy power and they will use that, we are starting to see the implementation of that in different parts of the energy scene, part of that is being seen today in the oil flows.”

Oil markets are also grappling with record US output, fueled by shale production, and America’s removal in late 2015 of longstanding crude-export limits. Those shipments -- just a few hundred thousand barrels a day a few years ago -- now consistently top an average of 2 million barrels a day each month. American crude increasingly flows to markets in Asia, Europe and Latin America, data from the US Energy Information Administration show.

Shifting flows

But there have been recent changes in precisely where those barrels are going. China, the world’s largest energy consumer, in August didn’t import any US crude for the first time since September 2016, according to the most recent data from the US Census Bureau. That compares with almost 12 million barrels in July, when China was the second-largest recipient.

Shipments to South Korea soared to a record 267,000 barrels a day in August – a 313 per cent year-on-year increase, according to Bloomberg calculations from Census data. Volumes to Japan and India rose by 198 per cent and 165 per cent, respectively. Exports to the UK, Italy and the Netherlands have also surged this year.

“The pattern of trade does look as though it’s going to ebb away from a focus on China to other Asian countries, and Europe,” said Caroline Bain, chief commodities economist at Capital Economics.

China is also increasingly turning to other regions. Colombian exports to the Asian nation rose five-fold in September, while Brazilian shipments hit their highest level this year. Chinese refiners bought 1.71 million barrels of crude a day from West Africa for October loading, the most since at least August 2011.

Sanctions’ effect

It’s not yet clear to what extent, if any, China will curb shipments of Iranian crude due to US sanctions. However, buyers in India, Japan and South Korea are reducing purchases from the Persian Gulf state. Saudi Crown Prince Mohammed Bin Salman said that the kingdom and other OPEC producers are making up for lost supply from Iran.

The demand for replacement crudes is apparent. Exports from Oman last month rose to their highest levels this year on healthy demand from China, Bloomberg tanker tracking showed. Kuwait is directing more flows to Asia, while its shipments to the US by late September all but dried up -- the first time that’s happened since the Gulf War of 1990-91

The curbs on Iran are having an effect on oil prices, with global benchmark Brent trading now trading near its highest level in four years. Oman was the talk of one of the oil market’s biggest gatherings last month, as its crude surged past $90 a barrel. Super Tankers, which often benefit when trade flows are dislocated, are earning the most since early 2017.

Flows from Iran could drop by 2 million barrels a day, to below 1 million barrels day in November and possibly December, Energy Aspects Ltd said in a report dated October 1.

Whether it’s the need he’s created for replacement supplies from Iran, or other actions by the US President, Trump’s policies are now having a direct impact on where oil is flowing, said Eugene Lindell, an analyst at JBC Energy GmbH in Vienna.

“What you can say beyond doubt is that it’s creating lots of exotic trade flows that hadn’t been in the market before,” he said. “It’s been a major influence that has forced a change in trade flows.”

Comments : Following Indian Refineries can Refine Crude petroleum with a Nielsen Index above 10 and should be able to get a Good Competitive Price as compared to Iranian Crude Grades :

Refiners such as RIL and Essar fare better on the refining margin front as they buy crude at a lower rate (bulk buying for big refineries allows discounts) and sell the refined products at international benchmark prices. A refinery’s complexity is measured in terms of Nelson Complexity Index (NCI). Refineries with a Nelson complexity of 10 or above are considered complex, which allows them to process crude that is cheaper. RIL, which runs the world’s biggest single-location refinery, currently has an average complexity of 12.6. BPCL’s Bina refinery has close to 10 and HPCL’s Bathinda unit has a complexity of 12. Essar Oil’s refinery’s complexity is 11.8.

IOC’s latest refinery at Paradip has a complexity factor of 12.2, making it capable of processing cheaper, higher sulphur and heavy crude.

This leads to Higher gross refining margin (GRM) as per this report :

RIL’s gross refining margin (GRM)—what the company earns from turning every barrel of crude oil into fuel— came in higher than expected at $11.9 per barrel, against analysts’ expectation of $11 per barrel. Over the past few quarters, RIL has been reporting a premium of $4-5 per barrel to the Singapore benchmark.

RIL’s peers Indian Oil Corp. Ltd (IOC), Hindustan Petroleum Corp. Ltd (HPCL), and Essar Oil Ltd have gross refining margins of $10 per barrel or even lower.

IOC’s GRM for this fiscal was $4.32 per barrel during the first quarter, as compared to $9.98 per barrel a year ago. HPCL’s was $5.86 per barrel against $6.83. Essar Oil’s GRM was around $10 a barrel. Analysts say three key factors help RIL’s GRMs. One, the complexity of its twin refineries at Jamnagar, Gujarat. Two, the company’s smart crude sourcing strategy, and three, the freedom to alter its product mix according to market demand (and supply).

“The complexity of RIL’s refineries allows it to process even the worst possible crude. Besides, its crude sourcing ability gives it an edge over other refiners. Last year, RIL processed 65 different grades of crude including five new grades,” said an analyst with a domestic brokerage on the condition of anonymity.

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UlanBatori
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Re: Understanding the US - Again

Postby UlanBatori » 12 Oct 2018 03:03

All bow to Ambaniji.

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Re: Understanding the US - Again

Postby UlanBatori » 12 Oct 2018 07:02

CNN gets taste of own medicine: Former football star Herschel Walker calls on CNN to fire Don Lemon after CNN used "N-word" against Kanye
Football legend-turned-activist Herschel Walker is calling for CNN to fire Don Lemon after the “CNN Tonight” host laughed when rapper Kanye West was referred to as “the token negro of the Trump administration" during a segment that aired Tuesday night.
The segment -- which has been slammed as "racist" -- began with Lemon asking if President Donald Trump is simply “using Kanye as a prop to win over black voters before the midterms.” CNN political commentator Bakari Sellers responded with a jab at West.
“Anti-intellectualism simply isn’t cool,” Sellers said. “Kanye West is what happens when Negros don’t read.”
Sellers’ remark prompted laughter from Lemon and fellow panelist Tara Setmayer, who followed up by saying West is “the token negro of the Trump administration.”

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Re: Understanding the US - Again

Postby Mort Walker » 12 Oct 2018 07:12

I think anything is fair game in this dhaaga after watching Ye’s performance in Oval Office including calling himself a crazy mother f**er. It was surreal.

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Re: Understanding the US - Again

Postby UlanBatori » 12 Oct 2018 07:19

But I think it is sweet that CNN is now taking shots from black ppl. Its like shock that the "House *******" are stepping out of line and not doing Massa's bidding.

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Re: Understanding the US - Again

Postby habal » 12 Oct 2018 12:14

If anyone needed proof that nikki haley's resignation was totally voluntary. No one forced her to resign.

Israel Defense Forces
@IDFSpokesperson
Thank you @nikkihaley for your service in the @UN and unwavering support for Israel and the truth. The soldiers of the Israel Defense Forces salute you

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Re: Understanding the US - Again

Postby Lalmohan » 12 Oct 2018 13:26

^^^ and that endorsement from the IDF has been picked up by RT and circulated as a source of doubt as to her real interests and alignment
bannon is also apparently livid at her resignation, which suggests that it really was a resignation
as to why he is livid - most likely because he thinks she is going to run...?

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Understanding the US - Again

Postby Peregrine » 12 Oct 2018 15:49

India's decision on buying oil from Iran, defence system from Russia not helpful : US – PTI

WASHINGTON: India's decisions to continue buying oil from Iran after November 4 and purchase the S-400 Triumf air defence system from Russia is "not helpful" and the US is reviewing them "very carefully", the State Department has said.

The US is trying to cut off all oil imports from Iran following President Donald Trump's decision in May to pull out of the 2015 multilateral deal that eased global sanctions in exchange for curbs on Iran's suspect nuclear programmes and malign activities.

It has given a November 4 deadline to its allies to bring down their import of Iranian oil to zero.

Responding to questions on reports that India will continue to purchase oil from Iran after November 4, State Department spokesperson Heather Nauert said this was not helpful.

Oil minister Dharmendra Pradhan on Monday said that two state refiners have placed orders for importing crude oil from Iran in November.

"Overall with regard to those sanctions that will take effect on November 4th - and you're referring to the oil sanctions for Iran and countries that choose to continue purchasing oil from Iran - we have conversations with many partners and allies around the world about those sanctions," she said on Thursday.

"We make our policies very clear to those countries. We continue to have conversations with the government of Iraq about that particular issue and the implications for the re-imposition of sanctions that were previously lifted or even waived under the Joint Comprehensive Plan of Action (JCPOA)," Nauert said.

"The Trump administration has given the same message to all countries around the world, and the president has said that the United States is committed to re-enforcing all of its sanctions," she said.

"We believe that countries coming together and recognising the malign influence that Iran has had around the world is important. We know that Iran and the government of Iran has taken the benefits that it received under the JCPOA and they've poured that money not into their own population, not into the good of the people, not into its medical hospitals and things of
that nature, but rather they've used it for its own nefarious programmes," Nauert said.

Noting that she has seen reports of India continuing to buy oil from Iran after November 4, she said this was a topic of conversation with the Indian government when secretary of state Mike Pompeo was in India last month for the first 2+2 dialogue.

"The President had addressed it - I believe it was just earlier today - which he was asked about that question about whether or not India would buy oil from Iran after sanctions are re-imposed. And the President said - and I'm not going to get ahead of the President, certainly - but he said we'll take care of that," she said.

On the implication of the Countering America's Adversaries Through Sanctions Act or CAATSA on India after it inked the $5 billion deal with Russia to purchase the S-400 Triumf air defence system, Nauert said, "He (the president) was also asked about CAATSA and possible imposition of those sanctions. And he said, you know, India is going to find out."

"And India will find out. We'll see. So I'm not going to get ahead of him, but certainly when we hear about things such as purchasing oil or the S-400 systems, it's not helpful. The CAATSA India's decision on buying oil from Iran, defence system from Russia not helpful. United States government just reviews that very carefully," Nauert said

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Re: Understanding the US - Again

Postby habal » 12 Oct 2018 16:40

Can someone clarify if the decision to buy oil from Eyeran is intrinsically related to the crashing of the fragile Indian rupee. Amongst all stable currencies and BB and above rated economies, the IR seems to be the most fragile. And can crashing rupee also mean lower revenue for Eyeran incase the rupee denominated oil purchase from Eyeran has been fixed at certain rate and crashing rupee will continue to stifle Eyeranian oil revenue even further, which Trump claims is his target.

And in the end we will see ₹ crashing to 80 which will be what Trump means by 'wait & see'. He stifled Iran and crashed the economy of a potential competitor at the same time. Truly a great move for his country and it's people if that is the case.

Meanwhile the so-called govt blames Chidu & Co and RBI blames 'free market forces' both of which are very curious claims.

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Re: Understanding the US - Again

Postby Supratik » 12 Oct 2018 18:31

Obama deported more people than any other president.

https://abcnews.go.com/Politics/obamas- ... d=41715661

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Re: Understanding the US - Again

Postby Lalmohan » 12 Oct 2018 18:39

when fed rates go up, hot money usually moves out of emerging markets and back to US treasuries. that is one factor behind pain on indian economy. there is the worry of rising oil prices (india is vulnerable - especially since its not just more expensive but it is priced in $) and then sanctions to make it worse

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Re: Understanding the US - Again

Postby Gagan » 12 Oct 2018 18:49

Haley's resignation:
The US very well might impose some sanctions on India.
Her ethinicity would have been questioned in that situation - the UN representative and the face of the US at the UN would be a tough place to be in at that time.
It would have been politically damaging for her - no good would have been accrued.

As to whether she wants to run or not, that is still up in the air.

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Re: Understanding the US - Again

Postby habal » 12 Oct 2018 18:50

It seems entire Indian economy is full of US hot money and there is no other money here. People working their a$$ off in India means diddly squat and in the end only hot US money makes any difference. Thanks to generations of Indian finance ministers, finmin babus and RBI govs for providing such convenient handle for US to control us with. Also much thanks to all these gents for reducing Indian citizens to mere bystanders having no control of their own economy.

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Re: Understanding the US - Again

Postby Supratik » 12 Oct 2018 19:11

It is not just US money but global money is moving to the US.

There may be two reasons behind Nikki Haley's resignation. Impending sanctions against India which may hurt her Indian-American support base. Her husband is Hispanic. Impending actions against mainly Hispanic illegal immigrants may hurt her image in that constituency. I think she is playing for a bigger political role in future.

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Re: Understanding the US - Again

Postby Lalmohan » 12 Oct 2018 19:12

not entirely correct habalji. the resilience of the indian economy is its massive size and domestic orientation, it can withstand many shocks since it is inwardly focused, but it also misses many upswings that smaller countries can ride on. of course netas could have done more

the dependency on oil is a big problem
(however both India and China are leading the installation of renewable energy capacity)

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Re: Understanding the US - Again

Postby Lalmohan » 12 Oct 2018 19:13

I think india remains a side issue or minor point in the trump WH
they are focused on china

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Re: Understanding the US - Again

Postby g.sarkar » 13 Oct 2018 00:20

Articles on Ms. Haley's resignation:

https://www.theguardian.com/commentisfr ... reputation
Nikki Haley: latest Trump enabler to ruin her shot at redemption
___________________________________________________________________________

https://www.theguardian.com/commentisfr ... ign-policy
Nikki Haley's departure reflects the chaos of Trump's foreign policy
Gautam
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Re: Understanding the US - Again

Postby UlanBatori » 13 Oct 2018 00:31

Interesting that murder of one papparazzi might achieve what a decade of genocide in Yemen, and nurturing the ISIS, have not achieved:

Mnuchin's comments came as top executives and political leaders, as well as corporate sponsors, have dropped out of the conference, sometimes referred to as "Davos in the Desert," and scheduled to be hosted by the Saudi Crown Prince Mohammed bin Salman in in Riyadh later this month. CNN announced Friday that it would join the New York Times and others in canceling its partnership of the event.
The Trump administration, which has pursued a close relationship with the Saudis, is facing increasing pressure by Congress to cut military support, immediately halt arms sales and impose sanctions against the Saudi government over Jamal Khashoggi, a columnist for The Washington Post who has been missing for more than a week after going to the Saudi consulate general in Istanbul.

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Re: Understanding the US - Again

Postby Ravi Karumanchiri » 13 Oct 2018 01:22

Just when I thought that DJT couldn't possibly debase the USA's institutions any further; after having installed FFFFF Bart Kavanaugh to the SCOTUS...

.... he has an Oval Office sit-down with Kanye.
https://www.c-span.org/video/?452879-1/ ... val-office
:eek:

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Re: Understanding the US - Again

Postby UlanBatori » 13 Oct 2018 03:55

He COULD invite Arundhati Roy... :mrgreen:

Kanye Omari West, also known as Ye, is an American rapper, singer, songwriter, record producer, entrepreneur and fashion designer. Wikipedia
Born: June 8, 1977 (age 41 years), Atlanta, GA
Height: 5′ 8″
Net worth: US$145 million (2018)
Children: Saint West, North West, Chicago West


And you don't think a US citizen with a self-made net worth of 145 million dollars, an honored entertainer, and father of 3 children, and smart enuf to be married to one of the most slavered-after wimmens of the 21st century, should be invited to the White House? As they say in Atlanta, Ga,
if yore as smart as he is, y ain't yu as rich?
(assuming that yu ain't..)
Perhaps, is it possible, just a wee bit possible, that the dislike for this great American is mostly coming from dimwitted racists? No intention to offend, just comparing the observable facts to opinions...

His marriage to television personality Kim Kardashian has also been a source of substantial media attention. As a fashion designer, he has collaborated with Nike, Louis Vuitton, and A.P.C. on both clothing and footwear, and have most prominently resulted in the YEEZY collaboration with Adidas beginning in 2013. He is the founder and head of the creative content company DONDA.

West is among the most critically acclaimed musicians of the 21st century and one of the best-selling music artists of all time.[5] He has won a total of 21 Grammy Awards, making him one of the most awarded artists of all time and the most Grammy-awarded artist of his generation.[6] Three of his albums have been included and ranked on Rolling Stone's 2012 update of the "500 Greatest Albums of All Time" list and he ties with Bob Dylan for having topped the annual Pazz & Jop critic poll the most number of times ever, with four number-one albums each. Time magazine named him one of the 100 most influential people in the world in 2005 and 2015.
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Re: Understanding the US - Again

Postby UlanBatori » 13 Oct 2018 04:03

That's whom the CNN racists called an "Ignorant N**** who can't read or write" Yeah, but maybe he can HIRE people to read, write or wipe his musharraf for him if he so desires, hain?

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Re: Understanding the US - Again

Postby UlanBatori » 13 Oct 2018 04:10

And just so one doesn't think the President invited him just because he's rich: he is also a Saint (besides being father of Saint West)

From Wikipedia

Philanthropy

West, alongside his mother, founded the "Kanye West Foundation" in Chicago in 2003, tasked with a mission to battle dropout and illiteracy rates, while partnering with community organizations to provide underprivileged youth access to music education.[245] In 2007, the West and the Foundation partnered with Strong American Schools as part of their "Ed in '08" campaign.[246][247] As spokesman for the campaign, West appeared in a series of PSAs {that's Public Service Announcements, or free commercials} for the organization, and hosted an inaugural benefit concert in August of that year.[248]

In 2008, following the death of West's mother, the foundation was rechristened "The Dr. Donda West Foundation." [245][249] The foundation ceased operations in 2011.[250] Kanye West and friend, Rhymefest, also founded "Donda's House, Inc". Got Bars is the Donda's House signature music/lyric composition and performance program. Participants are selected through an application and audition process. Got Bars is a free music writing program with the goal of helping at-risk Chicago youth. It is aimed at students between 15 and 24, and includes lessons on how to write and record music. Their curriculum is based on the teaching philosophy and pedagogy of Dr. Donda West with a focus on collaborative and experiential learning.[251]

West has additionally appeared and participated in many fundraisers, benefit concerts, and has done community work for Hurricane Katrina relief, the Kanye West Foundation, the Millions More Movement, 100 Black Men of America, a Live Earth concert benefit, World Water Day rally and march, Nike runs, a Hurricane Sandy benefit concert, and an MTV special helping young Iraq War veterans who struggle through debt and PTSD a second chance after returning home.[252]


How many CNN talking-heads can claim anything close?

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Re: Understanding the US - Again

Postby UlanBatori » 13 Oct 2018 04:14

And just when you thought he couldn't be more of a jeenius:
""“I want to do product, I am a product person, not just clothing but water bottle design, architecture … I make music but I shouldn’t be limited to once place of creativity"" In May 2018, West announced he was starting an architecture firm which will act as an arm of his already successful Yeezy fashion label.[263] West announced the decision on his Twitter account, tweeting "we’re starting a Yeezy architecture arm called Yeezy home. We’re looking for architects and industrial designers who want to make the world better."[264][265]
In June 2018, the first Yeezy Home collaboration was announced by designer Jalil Peraza, teasing an affordable concrete prefabricated home as part of a social housing project.[266][267]


And, why not the White House, hain? He's going to be the occupant pretty soon!

In September 2015, West announced that he intended to run for President of the United States in 2020.[268][269][270] He later implied on Twitter that he intends to run for President in 2024 due to Donald Trump's win in the 2016 elections.[271][272] West later confirmed this in an interview on September 2018,[273] saying that his main political concern is health care.[274]

Kanye WestTwitter Verified Badge.svg via Twitter
@kanyewest

You don't have to agree with Trump but the mob can't make me not love him. We are both dragon energy. He is my brother. I love everyone. I don't agree with everything anyone does. That's what makes us individuals. And we have the right to independent thought.

April 25, 2018[275]

On December 13, 2016, West met with President-elect Trump.[276] According to West, "I wanted to meet with Trump today to discuss multicultural issues. These issues included bullying, supporting teachers, modernizing curriculums, and violence in Chicago. I feel it is important to have a direct line of communication with our future President if we truly want change."[277]

West previously stated he would have voted for Trump had he voted.[278] In February 2017, however, West deleted all of his tweets about Trump in purported dislike of the new president's policies, particularly the travel ban.[279] West reassured his support for Donald Trump in April 2018

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Re: Understanding the US - Again

Postby chanakyaa » 13 Oct 2018 05:09

habal wrote:...
And in the end we will see ₹ crashing to 80 which will be what Trump means by 'wait & see'....

Habal ji, modern day economic and monetary system is imported by Indians from west. Just because we practice it, I doubt we fully understand it to exploit it. As for the discussion on the exchange rate, here is what fundamentally determines the trend of foreign currency rates. For example, in case of India, "YooS does not need anything from India that it can't get from other countries. India, on the contrary needs things from YooS which it can't get from other countries (tech, computer chips, medicines, software etc.)". Which means, the only way India can accomplish this (i.e. pay for imports) is by letting YooS acquire higher share of its wealth (i.e. weaken ₹ to $). Unless, national wealth grow faster, trend will generally be downward. During Swadeshi Movement, it was easy to say no to expensive Br!t$sh!t imports, but today people can't live without their computer and smartphones. And, that is a problem. On a day to day basis interest rate differencials can change FX number observed in the market. As far as, "wait&see" is concerned, I think the EyeT sector is most vulnerable...
Last edited by chanakyaa on 13 Oct 2018 06:11, edited 1 time in total.

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Re: Understanding the US - Again

Postby UlanBatori » 13 Oct 2018 06:10

Indian rupee's slide is entirely explainable by the failure to gain energy self-sufficiency and quit importing petroleum.

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Re: Understanding the US - Again

Postby chanakyaa » 13 Oct 2018 07:26

+1 agree. I missed oil and commodities from my list.

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Re: Understanding the US - Again

Postby habal » 13 Oct 2018 07:29

key to economic success is 'hot money' in US$, and this hot money will leave your shores the moment US has a sneeze (they sneeze often) or you oppose US policy of the day (S400, eyeran oil). Does anybody see & comprehend how hollow this growth is. When India went to IMF and then we started to stand on our feet, this hot money was welcome. But you got the start and economy started rolling and gained speed then should this hot money influence not have been curbed for sake of independence. This is where I find successive finmins, finmin babus, rbi governors complicit in aiding and abetting this hot money to have larger than proportion influence on Indian economy.

No point of growth if the juice of growth is sucked out every 5 years. Hope India stops falling victim to these cyclical payments of 'tributes' to these hot money gamblers and relies more on economic activities that isolate us from hot money influence. This country deserves that much.

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Re: Understanding the US - Again

Postby UlanBatori » 13 Oct 2018 08:00

See the 3 figures here. They tell the sickening story of economic suicide.
http://www.stratcepts.com/1AKC2019/WhyIndia.html

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Re: Understanding the US - Again

Postby Rishi_Tri » 13 Oct 2018 08:06

Without naming anyone, you are pontificating on resilience in very casual manner.

India does not have full currency convertibility i.e., Indians still require passports, valid reasons to import or buy foreign currency. Keeps the outflows in check and there is no direct connection to dollar. Argentina is good example of full currency convertibility where people maintain two accounts - Peso and Dollar. Everything is dollar denominated and dollar measured. In India, nothing is. This is one of the reasons India rode out Asian Financial Crisis of 1998.

India has restrictions on hot money or FPI investments still. There are predetermined limits, sectors where hot money can go. Hot money moving out of India is good because it takes uncertainty out of system. Immediate impact on Re yes, but so much better for future.

India's imports from US are very limited. Check out labels on all electronics, any household goods, oil... almost all of it comes from Asia. That's why China is courting India on their exports that have been hit because of sanctions. But China is not going to have it easy at all because India has imposed anti dumping duty on imports that hurt domestic Industry or have predatory pricing.

One sector that is likely to be hit is IT. But here in comes into play 'System Dynamics'. Because restrictions have been placed on H1B, people have gone back to India, or left for Other shores, and talent is difficult to comes by, firms are now making big time investments into India based captives or hiring offshore workers. You simply cannot create highly skilled workforce of close to half million or more in blink of an eye.

India is pursuing course or taking dollar out of equation completely. Re denominated trades with countries that want to do it or even barter based.

On oil, yes, Electrics need to be pursued aggressively and its being done. Give it another 5 years and at least India may be oil free. Evidence, OPEC has already lowered demand forecast for 2019.

India has ton of tools, ways and means to respond, and levers to pull.


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