April 10, 20241 yr 1 minute ago, we_gotta_believe said: I most certainly do not like a vegan. Unless said vegan looks like Margot Robbie, in which case, yes, yes I do like a vegan. Whoa! In a second before the correction no less. I'm charging you for the renovations in here. 🤣
April 10, 20241 yr 31 minutes ago, lynched1 said: OK Capt Covid. Go sit down. ".....even if the average hourly pay for Americans has not kept up with the growth in consumer prices." I couldn't beat sense into that Fing rock on your neck with a goddamn hammer. You are a fount of stupidity. Take a look at where the graph is before Covid completely distorted the graph. Draw that across to where it is now. So when we control for the Covid stimulus bucks, buying power is more now. Don't you have a deek to suck BJ KWEEN?
April 10, 20241 yr 3 minutes ago, JohnSnowsHair said: You are a fount of stupidity. A diploma in your name is nothing more than receipt. Loser
April 10, 20241 yr 5 hours ago, Tweek said: ..... Close but not out stretched far enough. More T Rex like.
April 11, 20241 yr 13 minutes ago, Kz! said: Really is insane that O'Keefe hasn't been Seth Rich'd yet. Damn, so Powell is just another militant leftist in sheep's clothing? That's crazy, man, I wonder who appointed him anyway...
April 11, 20241 yr 18 hours ago, lynched1 said: Close but not out stretched far enough. More T Rex like. Yeah, well between the two of them, only one idolizes Hitler and quotes him fondly.
April 11, 20241 yr 1 hour ago, Kz! said: Really is insane that O'Keefe hasn't been Seth Rich'd yet. wow, O'Keefe blew the lid off something that has been discussed by Powell and others in the Fed for years. stunning stuff. https://www.bloomberg.com/news/articles/2021-04-06/the-fed-is-making-wall-street-forecasters-pay-attention-to-black-unemployment Quote Raphael Bostic, President of the Atlanta Federal Reserve Bank, recently argued that the Fed "can play an important role in helping to reduce racial inequities and bring about a more inclusive economy.” In a speech from 2021: https://www.federalreserve.gov/newsevents/speech/powell20210210a.htm Quote At the end of 2015, the Black unemployment rate was still quite elevated, at 9 percent, despite the relatively low overall unemployment rate. But that disparity too began to shrink; as the expansion continued beyond 2015, Black unemployment reached a historic low of 5.2 percent, and the gap between Black and white unemployment rates was the narrowest since 1972, when data on unemployment by race started to be collected. Black unemployment has tended to rise more than overall unemployment in recessions but also to fall more quickly in expansions. Over the course of a long expansion, these persistent disparities can decline significantly, but, without policies to address their underlying causes, they may increase again when the economy ultimately turns down. ... [T]he unemployment rates for Blacks and Hispanics have risen significantly more than for whites since February 2020 (figure 8). As a result, economic disparities that were already too wide have widened further. Also in 2021, Powell talks about unemployment gaps between whites and black + latino workers: https://www.cnbc.com/video/2021/03/17/federal-reserves-powell-on-black-and-hispanic-unemployment.html From the NYTimes: Quote "Unemployment has tended to go up much faster for minorities, and for others who tend to be at the low end of the income spectrum,” Jerome H. Powell, the Fed chair, said at a news conference in late April. "Everyone is suffering here. But I think those who are least able to bear it are the ones who are losing their jobs, and losing their incomes and have little cushion to protect them in times like that.” One of the fed's top mandates is to promote maximum employment, so when O'Keefe whines that the "influential agency responsible for maintaining a stable monetary system appears to not just be establishing interest rates, but to be setting policies for desired social outcomes" he's literally just stating part of its mandate - unless you think maximum employment, even for "the blacks" - is not part of a desired social outcome. Establishing interest rates is one tool that the Fed uses, it's not just there to "establish interest rates", it's there to see that its mandate of maximum employment, stable prices, and moderate interest rates is seen to. You idiots really do love to fall for anything.
April 11, 20241 yr 15 minutes ago, JohnSnowsHair said: wow, O'Keefe blew the lid off something that has been discussed by Powell and others in the Fed for years. stunning stuff. https://www.bloomberg.com/news/articles/2021-04-06/the-fed-is-making-wall-street-forecasters-pay-attention-to-black-unemployment In a speech from 2021: https://www.federalreserve.gov/newsevents/speech/powell20210210a.htm Also in 2021, Powell talks about unemployment gaps between whites and black + latino workers: https://www.cnbc.com/video/2021/03/17/federal-reserves-powell-on-black-and-hispanic-unemployment.html From the NYTimes: One of the fed's top mandates is to promote maximum employment, so when O'Keefe whines that the "influential agency responsible for maintaining a stable monetary system appears to not just be establishing interest rates, but to be setting policies for desired social outcomes" he's literally just stating part of its mandate - unless you think maximum employment, even for "the blacks" - is not part of a desired social outcome. Establishing interest rates is one tool that the Fed uses, it's not just there to "establish interest rates", it's there to see that its mandate of maximum employment, stable prices, and moderate interest rates is seen to. You idiots really do love to fall for anything. Don't forget he also said Quote "somebody who held the line against like, Trump.” Which I'm sure Kz thinks is some kind of sick gotcha, while conveniently forgetting that Trump was constantly and publicly berating the Fed for the entirety of his presidency, desperately trying to get them to keep interest rates low (even though they probably should've been higher). If anything, it's a reminder what a disaster Trump was and how if Trump were president now he would've fought rate hikes tooth and nail and we'd have much, much worse inflation.
April 11, 20241 yr 17 minutes ago, VanHammersly said: Don't forget he also said Which I'm sure Kz thinks is some kind of sick gotcha, while conveniently forgetting that Trump was constantly and publicly berating the Fed for the entirety of his presidency, desperately trying to get them to keep interest rates low (even though they probably should've been higher). If anything, it's a reminder what a disaster Trump was and how if Trump were president now he would've fought rate hikes tooth and nail and we'd have much, much worse inflation. Yep. Authoritarian morons like Kz think it's part of the President's job to pressure the Fed Chairman into making decisions that prioritzes benefit to the President politically in the short-term rather than what benefits the American citizens economically in the long-term.
April 11, 20241 yr 1 minute ago, we_gotta_believe said: Yep. Authoritarian morons like Kz think it's part of the President's job to pressure the Fed Chairman into making decisions that prioritzes benefit to the President politically rather than what benefits the American citizens financially. True, but not even long-term politically. Trump's so retarded and his attention span is so short that he's just looking to "win the day" without even realizing the damage he can do to himself politically long-term (and the country of course but he could give a sheet about that). See abortion. Dude ran on killing Roe, bragged about killing Roe and is now in a desperate scramble to pretend he's against the consequences of killing Roe. But it's way too late. He already owns it. His earlier attempts to "win the day" are burying him.
April 11, 20241 yr 22 minutes ago, VanHammersly said: True, but not even long-term politically. Trump's so retarded and his attention span is so short that he's just looking to "win the day" without even realizing the damage he can do to himself politically long-term (and the country of course but he could give a sheet about that). See abortion. Dude ran on killing Roe, bragged about killing Roe and is now in a desperate scramble to pretend he's against the consequences of killing Roe. But it's way too late. He already owns it. His earlier attempts to "win the day" are burying him. Exactly. He doesn't care if he leaves a gigantic F'ing mess for the next guy to clean up, so long as he does and says whatever he thinks will get him re-elected, that's all that matters to him.
April 11, 20241 yr Biden not leaving any messes to clean up for the next guy.... right Biden not pressuring his agencies to benefit him politically and looking for our best long term interests....right So delusional, if only the real Biden lived up to the fictional idea of Biden you guys have made up
April 11, 20241 yr 30 minutes ago, Mike31mt said: Biden not leaving any messes to clean up for the next guy.... right Biden not pressuring his agencies to benefit him politically and looking for our best long term interests....right So delusional, if only the real Biden lived up to the fictional idea of Biden you guys have made up says the guy who said we wouldn't even have had a covid vaccine without Trump
April 11, 20241 yr 35 minutes ago, Mike31mt said: Biden not leaving any messes to clean up for the next guy.... right Biden not pressuring his agencies to benefit him politically and looking for our best long term interests....right So delusional, if only the real Biden lived up to the fictional idea of Biden you guys have made up Biden doesn't have to be George Washington. All he has to do is be better than the worst President in history. But, having said that, Biden is, at worst, neck-and-neck with George Washington.
April 11, 20241 yr Trump’s Big Lie About Biden Implodes After MAGA Ally Admits Truth It’s one message for MAGA-land and the opposite one for Jill Stein voters. And they just might get away with it. https://newrepublic.com/article/180617/steve-bannon-trump-lies-biden-jill-stein Quote No Republican knows that oil production under Biden is higher than ever. But Jill Stein’s people do. … Stein is furious about the oil drilling. The college kids are furious about it. The more exposure these [third-party candidates] get, the better it is for us. Oil production is higher than ever? Thanks Joe!
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