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Wednesday, July 31, 2019 5:46 PM

Quote:

Originally posted by 6IXSTRINGJACK:
Another good story ruined by an eye witness...

https://www.macrotrends.net/2015/fed-funds-rate-historical-chart

Why don't you go ahead and read that chart to me, Second.

Tell me what the average fed rate was the entire time Obama was in office and tell me where it's at now.

Do Right, Be Right. :)

I know numerous examples of real Trump voters from the middle classes with the reverse Midas Touch -- everything they touch turns to lead. They fuck up their financial lives because they fundamentally don't understand what the hell is going on around them. Their investments of time and money are mindbogglingly stupid, but they think they are brilliant and their personal problems were caused by the Democrats.

But, anyway, there were perfectly good reasons why the interest rates were at zero during Obama's term and there were perfectly stupid reasons why Trump voters complained. I remember them whining about how Obama was about to set off hyper-inflation because of zero interest rates and trillions of dollars in "quantitative easing". I didn't believe them because I have seen these same Trump-voters making fools of themselves in their financial lives. Inflation stayed at 2% or less.

The Immorality of the Interest Rate Hawks
March 1, 2013 11:50 am March 1, 2013 11:50 am

Business Insider reports on a Bloomberg TV interview with hedge fund legend Stan Druckenmiller that helped crystallize in my mind what, exactly, I find so appalling about people who say that we must tighten monetary policy to avoid bubbles — even in the face of high unemployment and low inflation.

More at https://krugman.blogs.nytimes.com/2013/03/01/the-immorality-of-the-int
erest-rate-hawks
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, July 31, 2019 5:49 PM

Republicans see Israel as a model for what they want America to be

If you listened earlier this month to Republican responses to Donald Trump’s call for Ilhan Omar, Rashida Tlaib, Alexandria Ocasio-Cortez and Ayanna Pressley to “go back” to the “places from which they came,” you noticed something odd. Trump’s defenders kept mentioning Israel.

“They hate Israel,”replied Lindsey Graham when asked about Trump’s attacks on The Squad. Republican Congressman Lee Zeldin called Omar and Tlaib “anti-Israel.” Trump himself responded to the controversy by declaring that Omar “hates Israel.”

This is strange. As reprehensible as it is to demand that an American politician leave America for allegedly expressing insufficient patriotism, the demand is at least familiar.

“America, love it or leave it,” has been a conservative slogan since the 1960s. What’s virtually unprecedented is demanding that an American politician leave America because they’ve expressed insufficient devotion to a foreign country. Can anyone imagine Republicans defending Trump’s calls for expelling Omar and company by accusing them of hating Canada, India or Japan?

Of course not. The reason is that Republicans no longer talk about Israel like it’s a foreign country. They conflate love of Israel with love of America because they see Israel as a model for what they want America to be: An ethnic democracy.

Israel is a Jewish state. Trump and many of his allies want America to be a white, Judeo-Christian state. Israel, despite its free elections and parliamentary institutions, structurally privileges one ethnic and religious group over others. That’s what many Republicans want here.

In the press, commentators often overlook the right’s affinity for ethnic democracy in favor of other explanations for GOP support of Israel. But those other explanations are at best incomplete. One common argument is that Republicans love Israel because of its commitment to democracy and human rights.

But in the Trump era, democracy and human rights are not Republican foreign policy priorities. It’s not just Trump who admires authoritarian leaders. Rank and file Republicans do too.

More at https://forward.com/opinion/428488/the-real-reason-so-many-republicans
-love-israel-their-own-white-supremacy
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, July 31, 2019 9:30 PM

Quote:

Originally posted by second:

But, anyway, there were perfectly good reasons why the interest rates were at zero during Obama's term and there were perfectly stupid reasons why Trump voters complained. I remember them whining about how Obama was about to set off hyper-inflation because of zero interest rates and trillions of dollars in "quantitative easing". I didn't believe them because I have seen these same Trump-voters making fools of themselves in their financial lives. Inflation stayed at 2% or less.



So, in other words, when my guy does it it's cool. When your guy does it it's the end of the world as we know it.

Gotcha.

Do Right, Be Right. :)

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Wednesday, July 31, 2019 9:40 PM

Quote:

Originally posted by second:
Republicans see Israel as a model for what they want America to be

If you listened earlier this month to Republican responses to Donald Trump’s call for Ilhan Omar, Rashida Tlaib, Alexandria Ocasio-Cortez and Ayanna Pressley to “go back” to the “places from which they came,” you noticed something odd. Trump’s defenders kept mentioning Israel.

“They hate Israel,”replied Lindsey Graham when asked about Trump’s attacks on The Squad. Republican Congressman Lee Zeldin called Omar and Tlaib “anti-Israel.” Trump himself responded to the controversy by declaring that Omar “hates Israel.”

This is strange. As reprehensible as it is to demand that an American politician leave America for allegedly expressing insufficient patriotism, the demand is at least familiar.

“America, love it or leave it,” has been a conservative slogan since the 1960s. What’s virtually unprecedented is demanding that an American politician leave America because they’ve expressed insufficient devotion to a foreign country. Can anyone imagine Republicans defending Trump’s calls for expelling Omar and company by accusing them of hating Canada, India or Japan?

Of course not. The reason is that Republicans no longer talk about Israel like it’s a foreign country. They conflate love of Israel with love of America because they see Israel as a model for what they want America to be: An ethnic democracy.

Israel is a Jewish state. Trump and many of his allies want America to be a white, Judeo-Christian state. Israel, despite its free elections and parliamentary institutions, structurally privileges one ethnic and religious group over others. That’s what many Republicans want here.

In the press, commentators often overlook the right’s affinity for ethnic democracy in favor of other explanations for GOP support of Israel. But those other explanations are at best incomplete. One common argument is that Republicans love Israel because of its commitment to democracy and human rights.

But in the Trump era, democracy and human rights are not Republican foreign policy priorities. It’s not just Trump who admires authoritarian leaders. Rank and file Republicans do too.

More at https://forward.com/opinion/428488/the-real-reason-so-many-republicans
-love-israel-their-own-white-supremacy
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly



I can only assume that Forward allows Peter Beinart to post his crap in the OPINION section so they can't be accused by anybody of not having any representation of the self-hating Jewish demographic at their publication.

Do Right, Be Right. :)

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Wednesday, July 31, 2019 9:57 PM

Quote:

Originally posted by 6IXSTRINGJACK:

So, in other words, when my guy does it it's cool. When your guy does it it's the end of the world as we know it.

Gotcha.

Do Right, Be Right. :)

You are out of your mind, pissant. For one, Obama let the Federal Reserve Board make the decisions and they made 'em professionally and correctly for conditions where unemployment is high and the economy is in deep trouble. Low interests rates, in other words. But when unemployment is low and the economy is not in trouble, the Federal Reserve does not lower interest rates. But Trump is nominating people who, like you, are out of their minds and do the opposite of what is correct: Stephen Moore and Herman Cain. Both of them had their names withdrawn because the Senate won't confirm those nutjobs. So Trump nominates another complete wacko, Judy Shelton. Trump wants her on the Federal Reserve board because she knows nothing, gets things backwards, and can't correct herself, just like 6ixStringJack.

"Trump's bizarre Federal Reserve nomination"
https://thehill.com/opinion/finance/453371-trumps-bizarre-federal-rese
rve-nomination


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, July 31, 2019 10:09 PM

lol

Do Right, Be Right. :)

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Wednesday, July 31, 2019 11:10 PM

Quote:

Originally posted by 6IXSTRINGJACK:
lol

Do Right, Be Right. :)

Clearly, you must be laughing at Trump:

Normally a person would be in favor of either an easy monetary policy to stimulate the economy or a hard monetary policy to exert discipline on the government. Either way, one would not expect her to hold both views at the same time. Yet Ms. Shelton does exactly that.

She does so by fully supporting Trump’s repeated calls for lower U.S. interest rates while at the same time advocating the urgency of returning soon to the gold standard. She promotes the gold standard as a means to discipline budget policy and to prevent financial market bubbles.

A generous interpretation of Shelton’s simultaneously holding contradictory monetary policy views is not that she is intellectually confused but rather that, in order to win the president’s nomination, she is simply pandering to Trump’s desire for low interest rates in the run-up to the 2020 presidential election.

If that is the case, the Senate should not go along with her nomination on the grounds that if confirmed she would be more inclined to please the president than to make the difficult interest rate decisions that would be in the nation’s long-term interest.

The less generous interpretation is that Shelton is confused and does not see the contradiction between advocating low interest rates while also supporting the gold standard. If that is indeed the case, the Senate should block her confirmation on the grounds that she lacks the intellectual rigor to properly fulfill her role as a Fed governor.

https://thehill.com/opinion/finance/453371-trumps-bizarre-federal-rese
rve-nomination


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, August 1, 2019 5:36 PM

Buttigieg is right about why Democrats keep failing to pass their big plans. He said:

This is the conversation that we have been having for the last 20 years. Of course we need to get money out of politics, but when I propose the actual structural democratic reforms that might make a difference — end the Electoral College, amend the Constitution if necessary to clear up Citizens United, have DC actually be a state, and depoliticize the Supreme Court with structural reform — people look at me funny, as if this country was incapable of structural reform.

This is a country that once changed its Constitution so you couldn’t drink and changed it back because we changed our minds, and you’re telling me we can’t reform our democracy in our time. We have to or we will be having the same argument 20 years from now.

www.vox.com/policy-and-politics/2019/7/30/20748078/pete-buttigieg-demo
cratic-debate-cnn


Policy isn’t Democrats’ problem. They’ve got plenty of plans. Some of them are even popular. What they don’t have is a way in which they can pass those plans into laws. Buttigieg, to his credit, has a clear theory on how to fix this.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, August 1, 2019 6:10 PM

Quote:

Originally posted by second:
Buttigieg is right about why Democrats keep failing to pass their big plans. He said:

This is the conversation that we have been having for the last 20 years. Of course we need to get money out of politics, but when I propose the actual structural democratic reforms that might make a difference — end the Electoral College, amend the Constitution if necessary to clear up Citizens United, have DC actually be a state, and depoliticize the Supreme Court with structural reform — people look at me funny, as if this country was incapable of structural reform.



He is the clearest and least political thinker running. He thinks of Problems as things to be solved and defeated, and not "who will gain?" Trump is the exact opposite. If Trump wins we'll have 20 more years of reality tv presidents and 20 years of media over coverage. Buttigieg is the other direction.

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Thursday, August 1, 2019 6:26 PM

The Democratic Debates came to the Motor City this week, and Detroit's finest hit the studio to celebrate with an album of political mega hits.



The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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