Viewing profile — jordanb
jordanb
HN member- Joined
- Tue, Oct 27, 2009, 3:44 AM UTC
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- 9,328
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About jordanb
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Recent public activity
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Comment #49210739
I don't think many of the BBB healthcare cuts have hit yet.
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Comment #49210718
Maybe. But I think the government could just lie about both quarters and then restate after the election.
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Comment #49197042
You never said the Treasury has to borrow this money. I'm saying the Treasury has to borrow this money. The Treasury does not have the ability to "create money out of thin air." Th…
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Comment #49189339
That makes sense yes.
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Comment #49184546
> The bail jumping charge was dismissed; Abrams-Phillips was found guilty only of weed possession in the case, according to the court records. Apparently the bail jumping charge wa…
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Comment #49160583
By the way the final thing you appear to not be understanding is that the Treasury had to borrow money to buy those yen. What do you think gets issued when the US Treasury borrows …
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Comment #49156192
> The yield is determined by what the buyers demand Your mistake is misunderstanding the power central banks have in managing these assets. The Fed can make the yield whatever it w…
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Comment #49155397
> Anybody with large enough holding of US treasuries has leverage over the US: Large selling of those treasures will raise the yield on them, which is the last thing the US in its …
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Comment #49155341
* Japan liquidating its reserves to protect the Yen and its effect on US treasury yield or anything else can easily be undone by the Fed, if so desired. With an impact on the Fed's…
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Comment #49149533
Either they spent euro reserves or bought euros with dollars so that's kinda irrelevant. This thread kicked off with an incorrect belief that Japan had leverage over the US with so…
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Comment #49146976
Which it had to buy using dollars..
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Comment #49146333
So is the US Treasury actions. The US Treasury is using dollars to buy yen on the open market to support the price of yen versus the dollar.
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Comment #49146322
No it would not. * Japan needs dollars to buy yen. * Japan sells US bonds to the US Fed in exchange for dollars * Japan uses the dollars to buy up Yen adding Dollars to the market …
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Comment #49146142
You're asking where the Fed gets money?
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Comment #49145737
But this is what the US Treasury is doing on Japan's behalf without requiring Japan to give up any bonds. If Japan wants a stronger Yen against the dollar why not make them spend t…
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Comment #49145364
This would be a dumb move. If Japan's treasury started selling a large amount of US debt, the Fed could buy it up and pay interest to itself. Japan would then have a whole bunch of…
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Comment #49144805
The process actually ends up working like this: 1) you sign the cards 2) the company alleges that the cards were signed under duress and people didn't actually want to sign. This i…
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Comment #49144771
Some do, but if you hire a union busting law firm the first thing they have you do is read a statement alleging impropriety with the union cards, in order to initiate the NLRB proc…
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Comment #49144481
It's not that the company can forgo the election. The company must allege that the cards are improper in order to activate the NLRB secret balloting process.
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Comment #49144465
Wikipedia has to say that people were being coerced to sign the cards in order to activate the NLRB secret balloting process. The "normal" thing (as expected by the law) is the com…
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Comment #49144422
No. There's basically a chicken and egg problem. It is not illegal to discuss unions in the workplace or to pledge support for a union. But the "union" has no standing to do anythi…
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Comment #49144340
> we have heard from some staff members that they felt pressured because the organizers would know how they decided This is a statement written by their lawyers to activate the NLR…
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Comment #49144269
When strikes are legal is really complicated and depends on industry. The thing to understand is that labor law in the US was created to "reduce labor strife." Unions existed befor…
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Comment #49144224
They are doing it the correct way. In order to get union recognition you need to get enough people in the company to sign union cards. This is the normal way to create a union. Com…
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Comment #49143746
SV is a cancer. Even its charities are like this.