OldGimletEye Posted January 14, 2018 Share Posted January 14, 2018 Memo To The: 1. Watch it inflation is around the corner! 2. Poor Savers! 3. Watch that asset mispricing! Crowd. Once again, full employment and tight labor markets helps those who are struggling, while producing more for everyone. And notice that this is all happening before tax cuts could plausibly haven taken effect (but only counting it's demand side effects not it's supply side effects). https://mobile.nytimes.com/2018/01/13/business/economy/labor-market-inmates.html Quote A rapidly tightening labor market is forcing companies across the country to consider workers they once would have turned away. That is providing opportunities to people who have long faced barriers to employment, such as criminal records, disabilities or prolonged bouts of joblessness. Link to comment Share on other sites More sharing options...
Fragile Bird Posted January 14, 2018 Share Posted January 14, 2018 hahahahahahahahahahahahahaha! Republican talking heads, right now some guy named Ben Ferguson (on CNN), are saying Durbin and Graham are two well known Trump haters and obviously are lying. Cotton and Perdue did not deny Trump said those words, they said they "could not recall" him saying those words. But now that they have had the time to "check their notes" (really! ) and speak to the other people who attended the meeting, they can definitively say Trump did not use those words. Just wait, soon the rest of the attendees will line up their stories with Cotton and Perdue. Link to comment Share on other sites More sharing options...
OldGimletEye Posted January 14, 2018 Share Posted January 14, 2018 22 hours ago, Fragile Bird said: they said they "could not recall" him saying those words. Hey, it worked for Reagan. Except in his case, it's possible he couldn't. Link to comment Share on other sites More sharing options...
Martell Spy Posted January 14, 2018 Share Posted January 14, 2018 2 minutes ago, Fragile Bird said: hahahahahahahahahahahahahaha! Republican talking heads, right now some guy named Ben Ferguson (on CNN), are saying Durbin and Graham are two well known Trump haters and obviously are lying. Cotton and Perdue did not deny Trump said those words, they said they "could not recall" him saying those words. But now that they have had the time to "check their notes" (really! ) and speak to the other people who attended the meeting, they can definitively say Trump did not use those words. Just wait, soon the rest of the attendees will line up their stories with Cotton and Perdue. Well obviously, it's much like Comey taking notes after the Trump loyalty conversation. It's totally accurate. Except of course these notes were written down by 2 people with amnesia or some sort of dementia. Trump Gets “Shithole” Thrown Back in His Face: Vulgarity Projected Onto His D.C. Hotel https://slate.com/news-and-politics/2018/01/trump-gets-shithole-thrown-back-in-his-face-vulgarity-projected-onto-his-d-c-hotel.html Link to comment Share on other sites More sharing options...
Martell Spy Posted January 14, 2018 Share Posted January 14, 2018 Republicans Issue Increasingly Dire Warnings About Dem Midterm Wave http://nymag.com/daily/intelligencer/2018/01/republicans-issue-dire-warnings-about-dem-midterm-wave.html Link to comment Share on other sites More sharing options...
Ser Scot A Ellison Posted January 15, 2018 Share Posted January 15, 2018 24 minutes ago, Martell Spy said: Republicans Issue Increasingly Dire Warnings About Dem Midterm Wave http://nymag.com/daily/intelligencer/2018/01/republicans-issue-dire-warnings-about-dem-midterm-wave.html The Republican party sold its soul when it got into bed with Trump/Bannon/Breitbart. Who, who has an ounce of self respect and morals, wants that stamp on their forehead by running as a Republican? Link to comment Share on other sites More sharing options...
LongRider Posted January 15, 2018 Share Posted January 15, 2018 46 minutes ago, Martell Spy said: Trump Gets “Shithole” Thrown Back in His Face: Vulgarity Projected Onto His D.C. Hotel Shithead has drained the swamp and turned into a shithole. Yippee. Link to comment Share on other sites More sharing options...
LongRider Posted January 15, 2018 Share Posted January 15, 2018 1 minute ago, Ser Scot A Ellison said: The Republican party sold its soul when it got into bed with Trump/Bannon/Breitbart. Who, who has an ounce of self respect and morals, wants that stamp on their forehead by running as a Republican? Doesn't seem to bother Sheriff Joe....... Link to comment Share on other sites More sharing options...
Sivin Posted January 15, 2018 Author Share Posted January 15, 2018 54 minutes ago, Fragile Bird said: hahahahahahahahahahahahahaha! Republican talking heads, right now some guy named Ben Ferguson (on CNN), are saying Durbin and Graham are two well known Trump haters and obviously are lying. Cotton and Perdue did not deny Trump said those words, they said they "could not recall" him saying those words. But now that they have had the time to "check their notes" (really! ) and speak to the other people who attended the meeting, they can definitively say Trump did not use those words. Just wait, soon the rest of the attendees will line up their stories with Cotton and Perdue. I think it's Scott Jennings now. Fucking abominable. Link to comment Share on other sites More sharing options...
OldGimletEye Posted January 15, 2018 Share Posted January 15, 2018 23 hours ago, Nasty LongRider said: Shithead has drained the swamp and turned into a shithole. Yippee. Trump might wake up one day to find a wall on the Mexico/ US border, except it won’t be the US that it built it, it will be Mexico that built it, to keep Americans from fleeing into Mexico. Trump may ask, “why are Americans fleeing?” Cause Mr. Orange Swamp thing, you and the Republican Party turned the US into a real shithole. Link to comment Share on other sites More sharing options...
Ser Scot A Ellison Posted January 15, 2018 Share Posted January 15, 2018 5 minutes ago, Nasty LongRider said: Doesn't seem to bother Sheriff Joe....... I’m not sure there is a better way to illustrate my point. Link to comment Share on other sites More sharing options...
OldGimletEye Posted January 15, 2018 Share Posted January 15, 2018 23 hours ago, Ser Scot A Ellison said: Who, who has an ounce of self respect and morals, wants that stamp on their forehead by running as a Republican? Probably people who shout at each other about who is the most conservative. Link to comment Share on other sites More sharing options...
Ser Scot A Ellison Posted January 15, 2018 Share Posted January 15, 2018 1 minute ago, OldGimletEye said: Probably people who shout at each other about who is the most conservative. I suppose they could attempt to go full Burke and establish the Trump Dynasty. Link to comment Share on other sites More sharing options...
OldGimletEye Posted January 15, 2018 Share Posted January 15, 2018 22 hours ago, Ser Scot A Ellison said: I suppose they could attempt to go full Burke and establish the Trump Dynasty. Nah, Burke was too liberal. Not conservative enough. LOL. Link to comment Share on other sites More sharing options...
Sivin Posted January 15, 2018 Author Share Posted January 15, 2018 I've been a bit disappointed as of yet (it's early) that the discussion about how much of a national fucking crises this is causing in diplomatic relations around the world has been sidelined by getting bogged down with racists over whether or not it was racist. Link to comment Share on other sites More sharing options...
The guy from the Vale Posted January 15, 2018 Share Posted January 15, 2018 35 minutes ago, Ser Scot A Ellison said: The Republican party sold its soul when it got into bed with Trump/Bannon/Breitbart. Who, who has an ounce of self respect and morals, wants that stamp on their forehead by running as a Republican? No, it didn't. At least not when Trump came along. This was a gradual progress, and the rot in the Republican party has been spreading since Nixon, if not even longer. There was Nixon, Watergate and the harnessing of racism to defeat the at that time dominant Democrats. There was Reagan and the surrender of American conservatism to fundamentalist Christianity. There was Ailes and Murdoch and the construction of the conservative echo chamber and priming of people for fascist propaganda. There was Bush the lesser and the irrelevance of facts, the specter of terrorism and disdain for the opinion of those more cautious, and the suspension of many civil liberties under the guise of protecting those very same civil liberties. Trump may be the epitome of the rot in the Republican party, but the corruption he embodies is not a new thing. It's been festering for upwards of fourty years. So, the Republican party hasn't sold its soul so much as just decided to finally drop the mask of respectability it barely kept on before. Link to comment Share on other sites More sharing options...
OldGimletEye Posted January 15, 2018 Share Posted January 15, 2018 Yes, Poor Savers! and Inflationista fear mongering will not die! http://cepr.net/blogs/beat-the-press/taxing-money-the-goodfriend-approach-to-monetary-policy Quote At a time when the inflation rate has been consistency been well below the Federal Reserve Board's 2.0 percent target, Donald Trump has nominated Marvin Goodfriend to fill one of the Fed's vacant governor positions. Goodfriend argues that the Fed's major policy failing has been that it has inadequately convinced the public of its commitment to fighting inflation. This seems more than a bit otherworldly, but in the era of Donald Trump anything is now possible. In Congressional testimony given last year Goodfriend complained: When we talk about Poor Savers! what we mean here is that there isn't enough cheap risk free assets to go around. There was a way to fix that. Issue more of them. Anyway, start with: I = S Now conservative sorts of people, that means investment equals savings. But conservative sorts of people, it's just an accounting identity, it's not an equilibrium condition. Supposing you have I(y,r) = S and dI/dy>0 and dI/dr<0, then that means investment depends on both spending and the interest rate. And then you jack up the interest rate and what do you get? Lower investment, and hence lower aggregate savings. But, please by all means, continue to talk about Poor Savers! conservative sorts of people. Sure the situation will be great for rich people that will get high real yields on their bonds, but will suck for everyone else that ends up in the unemployment line. And as Baker notes, it's not like we have been overshooting the 2% inflation target. And if you set an inflation target, it's just important that you don't keep undershooting it as it is to keep overshooting it. One wonders where does this conservative clownery come from? Link to comment Share on other sites More sharing options...
Morpheus Posted January 15, 2018 Share Posted January 15, 2018 17 minutes ago, theguyfromtheVale said: No, it didn't. At least not when Trump came along. This was a gradual progress, and the rot in the Republican party has been spreading since Nixon, if not even longer. There was Nixon, Watergate and the harnessing of racism to defeat the at that time dominant Democrats. There was Reagan and the surrender of American conservatism to fundamentalist Christianity. There was Ailes and Murdoch and the construction of the conservative echo chamber and priming of people for fascist propaganda. There was Bush the lesser and the irrelevance of facts, the specter of terrorism and disdain for the opinion of those more cautious, and the suspension of many civil liberties under the guise of protecting those very same civil liberties. Trump may be the epitome of the rot in the Republican party, but the corruption he embodies is not a new thing. It's been festering for upwards of fourty years. So, the Republican party hasn't sold its soul so much as just decided to finally drop the mask of respectability it barely kept on before. Exactly. The Republican party has been going crazy for decades. Trump is the tertiary stage of syphillis, the crotch rot has eaten the brain, but they have been sick for a long time. Racism, misogyny, homophobia, these have long been the subject of Republican dog whistles. Most of the Republican criticism of Trump is that he makes these things explicit in vulgar terms, rather than quietly letting policy screw over minorities. Link to comment Share on other sites More sharing options...
DanteGabriel Posted January 15, 2018 Share Posted January 15, 2018 57 minutes ago, Triskele said: I give Flake some credit. Sure, he's done some lame things like voting for the tax cut, but that bill was entirely consistent with his philosophy. And sure, he was facing a tough re-election. But who else is is saying "I won't be complicit" and leaving? Far better than, say, Lindsay Graham, who we know privately things (or used to think) much of the same of Trump but is now fully on board with him? The bar is low, I realize. With Graham, I think there's a high probability that the Russians have some kompromat on him. Link to comment Share on other sites More sharing options...
Martell Spy Posted January 15, 2018 Share Posted January 15, 2018 41 minutes ago, Morpheus said: Exactly. The Republican party has been going crazy for decades. Trump is the tertiary stage of syphillis, the crotch rot has eaten the brain, but they have been sick for a long time. Racism, misogyny, homophobia, these have long been the subject of Republican dog whistles. Most of the Republican criticism of Trump is that he makes these things explicit in vulgar terms, rather than quietly letting policy screw over minorities. The anti-minority policies are having sharper teeth as well. The Muslim Ban. The targeting of undocumented workers that have no criminal record other than immigration violations. I've been hearing all sorts of things going on in this state. ICE just did a sweep of 7-11s for fucking sake. Thanks a bunch for stopping me from the threat of purchasing my coffee from the wrong kind of person. Our state AG just sued a chain of motels for reporting guests to ICE. Our licensing agency was reporting people to ICE, apparently without the Governor''s knowledge or consent. There's been stories about people just vanishing out in the hinterlands of the state. I think it was in Gray's Harbor. Link to comment Share on other sites More sharing options...
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