Politics

[rookhawk]

How do you justify that in the face of state sponsored industry? Dairy for example as much as 73% of American dairy returns are directly from subsidies. The entire reason the U.S. dairy producers want access to the Canadian market is to offshore a product they would otherwise be forced to dump because they routinely out supply domestic demand.

View attachment 677223

unless Americans are going to stop all dairy subsidies than your not actually asking for fair trade at all your just demanding another market for your products which seems to be trumps Favourite past time.

I’m not a fan of the farm bill and bailing out (social welfare) for the US farmer at all. By extension, I’m not a fan of social welfare for mining/refining of metals, nor am I a fan of subsidizing timber industries in America.

On the other hand, I’m not such a pure libertarian that I cannot listen to reason that protecting the existence of some of these industries is an interest of national security. Yes, we need domestic food, manufacturing, and raw materials or we are completely vulnerable to acts of war against us and an inevitable “sue for peace” on bad terms.

Solution? End all the damned subsidies of big government and overtly tell me as a taxpayer what programs are not social welfare, rather they are absolutely national security interests. (E.g. CRP land IS national security) It’s so convoluted, bloated, and confusing right now I cannot ascertain the purpose of the various incentives whatsoever.

 

[lwaters]

That's fair. Right after the euro was adopted wasn't it like $1.25-$1.30 USD? You'd think you'd be able to find data that far back but nope.

If I remember right I bought the vanguard European index fund in the late 90's and the euro was .86 cents to the dollar it eventually rose up to close to 1.40 to the dollar

 

[Brent in Az]

Cliff Notes - AH Politics Thread

Tariffs - good? bad? Somewhere in between?
The effects on the stock market...
Snarky comments by Brent...

Consider yourself caught up good sir.

Don't forget Tundra Tiger's cronyism for the anti Trump echo chamber cult.

 

[Field28]

insurance would be a complex issue , it would depend if the policy was updated recently or not housing prices have skyrocketed in recent years where as seasonal homes locally at least are in a lot of cases multigenerational and or have been owned the by the same owner for at least a decade. 2.9% of the 3.6% have not changed hands in the last 10 years.

To the housing market a cooling of the market would be a relief locally. There is a major shortage of housing on the market. A there is also localized discontent over the number of ocean front properties owned by foreigners and environmental laws prohibiting further commercial development of the coast line.

It is a complex issue about one step ahead of burning teslas on the intelligence scale , a very very small step.

Insurance on multi family has gone through the roof in my market. It's a combination of trickle up from Florida and my state Legislature limiting competition. Some single family rise but nothing compared to multi. Special assessments have become the norm.

As far as construction goes, we are in very good spot market wise where I am. Completely different from 03-07. It's not a crazy boom like those years, it's steady.
While there still is a labor shortage for the most part the trades have managed to keep up.

 

[Tubby’s Canteen]

I’m not a fan of the farm bill and bailing out (social welfare) for the US farmer at all. By extension, I’m not a fan of social welfare for mining/refining of metals, nor am I a fan of subsidizing timber industries in America.

On the other hand, I’m not such a pure libertarian that I cannot listen to reason that protecting the existence of some of these industries is an interest of national security. Yes, we need domestic food, manufacturing, and raw materials or we are completely vulnerable to acts of war against us and an inevitable “sue for peace” on bad terms.

Solution? End all the damned subsidies of big government and overtly tell me as a taxpayer what programs are not social welfare, rather they are absolutely national security interests. (E.g. CRP land IS national security) It’s so convoluted, bloated, and confusing right now I cannot ascertain the purpose of the various incentives whatsoever.

If you remove the subsidies the cost of dairy products would increase to roughly the same as they are on the foreign markets which would make them cost prohibitive to offshore and lead to the reduction of the u.s. dairy herd to a size more inline with domestic demand and then it becomes a moot point. As long as the system is set up to subsidize on volume there will be a need to offshore or dump product.

 

[Alistair]

Countries could certainly make America hurt. The key is getting their act together and being able to coordinate a response. If 50 countries are already trying to negotiate with America the chances of that happening may be pretty low.

Edit: I do think the EU will target tech and financial services. It will be interesting to see if Trump's response would be similar to his response to China.

Point.

I think Japan and the EU are likely to be the most likely to pull that trigger. Likely the EU, primarily.

I bet the UK is a bit sad to have Brexited now. Heavy tariffs on US financial services could have been great for London...

 

[Tubby’s Canteen]

Point.

I think Japan and the EU are likely to be the most likely to pull that trigger. Likely the EU, primarily.

I bet the UK is a bit sad to have Brexited now. Heavy tariffs on US financial services could have been great for London...

Seems to be a rise in support for canzuk

 

[Alistair]

Seems to be a rise in support for canzuk

Eh, not nearly influential enough to matter.

Canada, UK, EU, maybe. If you can pull Japan, S. Korea, Australia, NZ, India in as well, sure. China joining would also change the calculus.

But with the best will in the World, Canada and the UK are bit players, there's no way that the US is going to take them seriously on their own. Sure, they can hurt the US, but not as much as the US can hurt them. So it's not a winning strategy if we're to take the Trump position that all foreign relations must be zero sum games. This isn't the 40's any more.

I say that as a UK citizen.

 

[Tubby’s Canteen]

Eh, not nearly influential enough to matter.

Canada, UK, EU, maybe. If you can pull Japan, S. Korea, Australia, NZ, India in as well, sure. China joining would also change the calculus.

But with the best will in the World, Canada and the UK are bit players, there's no way that the US is going to take them seriously on their own. Sure, they can hurt the US, but not as much as the US can hurt them. So it's not a winning strategy if we're to take the Trump position that all foreign relations must be zero sum games. This isn't the 40's any more.

I say that as a UK citizen.

I believe the purposed alliance layed forth in canzuk is Canada u.k. Australia and New Zealand.

 

[Alistair]

I believe the purposed alliance layed forth in canzuk is Canada u.k. Australia and New Zealand.

That's a bit more meaningful, but still not enough imo.

Add in all the other commonwealth nations, maybe you're getting close enough to economic MAD for the US to take note. India being the important one, of course.

It's also a real shame that the UK doesn't come with lots of influence in the EU anymore. Otherwise their word would carry a lot more weight and maybe canzuk would be more compelling.

Shockingly, economic isolationism doesn't seem to be working out for anyone...

 

[mdwest]

Im CANZUK doesn’t have a prayer..

Conservatives in each country support to varying degrees the concept… while liberals detest it..

New Zealand currently has a center right government… every other country has a liberal government…

Until that changes CANZAK won’t fly

 

[cwpayton]

China playing the tariff game ......

https://twitter.com/x/status/1908876105764716734

I just hope on my next hunt, when we drive through a little village in the bush.I DONT see a walmart, if it does happen sure there will be a sale on 7.62x 39.

 

[steve white]

Nothing parked in front there vacant this time of year there summer properties we won’t start seeing the come from aways until the ferry starts running

It was a joke--you mentioned "several have burned down"

 

[Tubby’s Canteen]

Im CANZUK doesn’t have a prayer..

Conservatives in each country support to varying qdegrees the concept… while liberals detest it..

New Zealand currently has a center right government… every other country has a liberal government…

Until that changes CANZAK won’t fly

Tories are back within 5 points in the polls thanks in part to liberal candidate ties to china. There’s a chance for conservative government although most likely a minority a lot will ride on voter turnout.

 

[DillonG]

1.3 Trillion was liquidated from the crypto markets over the last week.

Blue-light special sale. I’m not going to complain.

 

[LivingTheDream]

Blue-light special sale. I’m not going to complain.

Waiting to see if Eth goes down to 3 digits. But XRP and SOL seem ridiculously cheap.

 

[mdwest]

Tories are back within 5 points in the polls thanks in part to liberal candidate ties to china. There’s a chance for conservative government although most likely a minority a lot will ride on voter turnout.

I sincerely pray they pull it off… I believe Poilievre is Canadas best hope… not only in navigating the difficult tariff waters currently in the forefront .. but also for a lasting future…

What Canada doesn’t need (my opinion) is a smarter liberal with the same shitty values and ideals Trudeau had..

 

[LivingTheDream]

insurance would be a complex issue , it would depend if the policy was updated recently or not housing prices have skyrocketed in recent years where as seasonal homes locally at least are in a lot of cases multigenerational and or have been owned the by the same owner for at least a decade. 2.9% of the 3.6% have not changed hands in the last 10 years.

To the housing market a cooling of the market would be a relief locally. There is a major shortage of housing on the market. A there is also localized discontent over the number of ocean front properties owned by foreigners and environmental laws prohibiting further commercial development of the coast line.

It is a complex issue about one step ahead of burning teslas on the intelligence scale , a very very small step.

Sounds very isolationist.

 

[Tubby’s Canteen]

Sounds very isolationist.

I’ve never said I support it I was adding some context to a conversation with @mdwest if you read it in context with the rest of the conversation it probably makes much more sense. The housing prices doubling is in regards to insurance coverage and wether or not it has been brought up to market value. Which properties owned 10+ years a lot of times aren’t. Didn’t California have issues with that after the latest round of fires?

 

[LivingTheDream]

I’ve never said I support it I was adding some context to a conversation with @mdwest

I was being a bit of a smart ass, sorry I couldn't resist.