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Over the past several months Iran and their proxies have pushed forward with their nuclear program, attacked oilfields & tankers, shot down drones, and killed an American contractor. They've been pushing towards a breaking point for awhile. If Trump wanted a war, he wouldn't have called off the...

https://www.bls.gov/opub/reports/minimum-wage/2018/pdf/home.pdf Minimum wage isn't as big of an issue as many think. There are over 150 million people in the U.S. workforce. Only 434K of these workers are non-tipped workers making federal minimum wage. About half of those workers are under the...

It looks to me like it jumped noticeably after the tax bill was passed in late 2017.

People tend to see what they want to see based off their political affiliation. Since the tax bill was passed: 1. Wage growth is the highest in a decade. 2. We matched the highest annual GDP growth in the past 13 years. 3. Unemployment rates have pushed down to a 50 year low. 4. For the first...

IMO, the impeachment process has increased the likelihood of Trump winning a second term. His base is energized, his approval rating is up 6%, and the 2020 election polls are starting to shift in his favor. This could be end up being an enormous mistake by the Democrats. We've still got a long...

I didn't even crack the top 200, but it was fun though. Congrats to everyone that did well.

Borrow fees & locate fees are two very different things. Borrow fees are something that everyone has to pay whenever they hold a short position overnight. Hard to borrow locate fees are what the broker charges to locate shares for shorting whenever they aren't available in house at their own...

Many people believe that this will be struck down by the SCOTUS because all interstate compacts have to be approved by congress. Lawsuits have been pending for years, but they aren't allowed to move forward until the NPVIC goes into effect.

New York City has almost as many people as the bottom 10 states combined. It's hard to imagine the founding fathers wanting a single population center to have as much voting power as one fifth of our entire country. The EC is there for a good reason.

I don't see a strong connection because the wealth gap has always expanded. IMO, The biggest problem facing the lower quintiles is the disappearance of jobs that pay a living wage without a postsecondary degree. This will only be amplified in the coming years as automation becomes more...

It appears that the top quintile earns approximately 50% of the country's pre-tax income. So shouldering 90% of the federal tax burden is still progressive when you look at it from this angle. The U.S. is the most powerful country in the world. It has the most overall wealth in the world. Our...

That's correct. Despite the fact that the rich are notorious for avoiding taxes, federal tax collections have outpaced inflation by 60% since 2001. The upper 20% now pay 90% of federal taxes, so our federal tax structure is more progressive than you might think. Our more regressive tax...

Here are some interesting statistics to consider. Our last balanced budget was in 2001. Since then, inflation is up 42%, federal tax collections are up 67%, and government spending is up 113%. The U.S. already pays about twice as much per capita for healthcare than most other countries that have...

Every president's situation is somewhat unique. The growth after Obama took office was impressive, but the markets always tend to bounce back strong after bottoming out following a recession. The market indexes didn't set new ATH's until his second term. In the 3 years prior to the 2016...

This is truly a lost art. Most people are happy inside their own echo chambers.

Just to be clear, there are two separate issues here. Sondland testified that he felt like there was a QPQ tied to the white house meeting, but this didn't come from Trump, it came from Giuliani. He assumed that everything coming from Giuliani was from the president. He also testified that he...

https://www.elitetrader.com/et/threads/new-2018-pictures-of-your-trading-stations.324110/ https://www.elitetrader.com/et/threads/pictures-of-your-trading-stations.43661/ Are talking about the trading station threads? Some of those setups are pretty awesome.