Biden, in a recently nationally televised debate: "Because guess what? Why in God’s name should someone who’s clipping coupons in the stock market, make in fact pay a lower tax rate than someone who in fact is uh like I said uh the a school teacher and a firefighter. It’s ridiculous. And they pay a lower tax."
https://www.foxnews.com/media/joe-biden-stumbles-words-coupons
😲
Doesn't make sense to me.
shareHe confused stock dividends with old style bearer bonds. A coupon bond, also referred to as a bearer bond or bond coupon, is a debt obligation with coupons attached that represent semiannual interest payments. With coupon bonds, there are no records of the purchaser kept by the issuer; the purchaser's name is also not printed on any kind of certificate. Every thing today is electronic and I can't remember seeing a bearer bond for decades.
shareThanks.
shareHe stumbled over his words a bit (Trump's spoken true gibberish at times but the right wing reality distortion field doesn't let Trumpsters see that) but his point is pretty clear.
shareYou're clearly projecting about the "reality distortion field". Democrats couldn't even agree on what he meant on this thread, let alone in the media. And your claim is laughable. Trump is a salesman who employs hyperbole. He hasn't had the complete mental breakdowns that Biden has when the latter has spoken complete gibberish.
shareAccuses me of "projecting" then proceeds to demonstrate the right wing reality distortion field in action. Calling Trump's lies "hyperbole" is something, but I'm not referring to those. I'm talking about him spouting shear nonsense, like this gem about the revolutionary war: "Our army manned the air, it rammed the ramparts, it took over the airports, it did everything it had to do."
share"Leftist bubble" is pithier and more apt. Trump was giving a Teleprompter speech in the rain, there were technical difficulties, and he lost his place as people often do in those situations. Still not as bad as Obama thanking himself at length because he was reading someone else's lines.
But neither is what I was talking about with speaking off the cuff in one's own words. Like Biden did in this interview: "When the stock market crashed, Franklin D. Roosevelt got on the television and didn’t just talk about the, you know, the princes of greed."
Like him or not, every honest person recognizes the huge difference in Trump's mental command, easily dominating the room, and Biden's.....long decline. Even Democrat observers have talked about Biden's problematic head health history, and it's easy to tie that to the current candidate who often doesn't seem fully aware of what's happening around him.
Trump's mental command. That's rich. What an intellect!
I never claimed Biden was some kind of great speaker, just that it wasn't difficult to get the gist of what he was saying in the quote in the OP, which you seem to think was total gibberish.
Trump's sharp. He's a loose, casual speaker but he didn't get to where he is against unprecedented opposition by being stupid. Don't delude yourself just because doing so might be comforting.
Biden is a Democrat, so everyone assumed he was trying to demagogue on economic inequality and bash "Wall Street" (despite the massive Wall Street funding Democrats usually get), but the "clipping coupons" part threw off even leftist media outlets.
And yeah, the example I just quoted above about FDR appearing on tv to respond to the 1929 crash is substantively gibberish. The words sort of make sense in a vacuum, just not applied to our historical timeline. Biden might be the most gaffe prone national politician I've ever seen, which is saying something.
Trump's ignorant, but he has a certain instinctive ability to appeal to people's worst instincts. That got him far in Republican politics. He also faced an exceptionally weak field in the primaries and the election.
He's an outsider without much political experience, but he's not ignorant. Big difference. And no, he appealed to legitimate concerns of Americans who are being increasingly ignored and attacked by the establishment class and the Democrats. Those Americans are wiser than the arrogant, would be ruling class and radical leftists now running the Democratic party, and they actually have the country's best interests in mind.
share"Democrats couldn't even agree on what he meant on this thread, let alone in the media."
I don't see any disagreements on his overall statement here. He's saying people that make money in the stock market shouldn't pay a lesser tax rate than teachers and firefighters.
Whats got you hung up is the little "clipping coupons" part. But it isn't necessary to understand what he's saying.
Yeah. There wasn't any disagreement about the point of the quote, just that bit.
shareYou just repeated what I said and the known canned Democrat position. By that logic there isn't a a need for him to say anything. There was a lot of published confusion and disagreement about Biden's actual words in the media, and even on this thread you had one leftist poster saying "Doesn't make sense to me." while another insisted it was a "metaphor", and yet another respondent offered the speculative explanation that later began to circulate among some online that maybe he got mixed up between the stock market and the bond market, and was using a very old bond market term.
shareLet's not forget this ol' chestnut from T-rump:
"Covfefe"
Do explain that T-rump was walking through a blizzard while Tweeting that on his phone, and there were technical difficulties with the woolen mittens he was wearing, and his fingers slipped.
Please do!
Wait...doggiedaddy is talking about typos? LOL!
shareThat wasn’t a typo from T-rump. Nice try though when you deflect.
shareOf course it was a typo, lol. Stop deflecting from Biden's obviously deteriorated mental state.
shareIf that was a typo, then what exactly did he mean to type out?
shareHow should I know? He obviously started to type something then changed his mind (maybe something came up), as countless other people have on social media. You're still deflecting.
shareYou said "of course it was a typo". If it was, we would know by now (2.5 years later) what he meant to actually type. But it was not a typo - no matter how you try to spin it.
krla97a = More gaslighting from our resident Narcissist.
Not if it wasn't important enough for him to bother ever explaining it. Stop trying to deflect and gaslight, doggiedaddy. You're such a gaslighter. Always gaslighting.
Stop trying to deflect and gaslight, doggiedaddy. You're such a gaslighter. Always gaslighting.
LOL! If you didn't have a double digit IQ I'd almost think you were engaging in a bit of performance art. But there's at least a 50/50 chance your self deprecation here is unintentional.
share[deleted]
He confused stock dividends with old style bearer bonds. A coupon bond, also referred to as a bearer bond or bond coupon, is a debt obligation with coupons attached that represent semiannual interest payments. With coupon bonds, there are no records of the purchaser kept by the issuer; the purchaser's name is also not printed on any kind of certificate. Every thing today is electronic and I can't remember seeing a bearer bond for decades.
shareBlah blah blah I'm brain damaged blah blah blah
share