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Read the rules in the OP before posting, please.

In order to ensure that this thread continues to meet TL standards and follows the proper guidelines, we will be enforcing the rules in the OP more strictly. Be sure to give them a re-read to refresh your memory! The vast majority of you are contributing in a healthy way, keep it up!

NOTE: When providing a source, explain why you feel it is relevant and what purpose it adds to the discussion if it's not obvious.
Also take note that unsubstantiated tweets/posts meant only to rekindle old arguments can result in a mod action.
Jerubaal
Profile Blog Joined June 2010
United States7684 Posts
Last Edited: 2014-09-27 01:19:09
September 27 2014 01:16 GMT
#26321
On September 27 2014 02:21 bookwyrm wrote:
Show nested quote +
On September 27 2014 01:47 {CC}StealthBlue wrote:
On September 27 2014 01:12 bookwyrm wrote:
This is huge. but will it matter? probably not. The evil, incoherent system will stumble on because of our terminal lack of imagination and desperate need to believe that the experts have everything under control

http://www.thisamericanlife.org/radio-archives/episode/536/the-secret-recordings-of-carmen-segarra


Doubt it will get much attention given the nature of the US media to start focusing on entertainment scandals etc. when such news ins revealed.


because the media is run by the same people obviously

edit: oh, by the way I should mention that I take back my promise in that other thread to read paul krugman, I've been reading his op eds and he's either totally corrupt or an incredibly stupid person. probably both.


It wasn't too long ago that you could hate the NY Times and still think they were at least just ideologues. In the last couple of years, though, they have become nothing more than shills to Obama/the Democrats. When I still had the energy to read news sources like Real Clear Politics, it was just astounding how every article that came from him or NYT was precisely oriented to support the Left/Democrats and pillory the Right/Republicans.

I can see from the last page, though, that there is quite an audience for people who think that they don't have to worry about engaging in a fair debate and marginalization of their ideological enemies is a just practice. .
I'm not stupid, a marauder just shot my brain.
bookwyrm
Profile Joined March 2014
United States722 Posts
September 27 2014 02:06 GMT
#26322
I agree with everything you say except that the democrats are a party of the Left

NYT = Pravda
si hortum in bibliotheca habes, deerit nihil
kwizach
Profile Joined June 2011
3658 Posts
September 27 2014 02:12 GMT
#26323
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

You clearly do not understand his point, and, from what it looks like, monetary policy. Don't call Krugman stupid when you don't understand what he's talking about.
"Oedipus ruined a great sex life by asking too many questions." -- Stephen Colbert
Jerubaal
Profile Blog Joined June 2010
United States7684 Posts
September 27 2014 02:14 GMT
#26324
On September 27 2014 11:06 bookwyrm wrote:
I agree with everything you say except that the democrats are a party of the Left

NYT = Pravda


You're all just silly Modernists to me. :p
I'm not stupid, a marauder just shot my brain.
{CC}StealthBlue
Profile Blog Joined January 2003
United States41117 Posts
September 27 2014 02:32 GMT
#26325
The Obama administration appears to be losing ground in its efforts to cut U.S. emissions of greenhouse gases, according to new government figures that show pollution levels rising again after several years of gradual decline.

Data released Friday by the Energy Department show American factories and power plants putting more carbon dioxide into the atmosphere during the first six months of 2014 compared with the same period in each of the past two years. The figures confirm a reversal first seen in 2013, when the trend of steadily falling emissions abruptly halted.

The higher emissions are primarily a reflection of a rebounding economy, as American businesses burned more gas and oil to meet higher demand. But the shift also underscores the challenge confronting the Obama administration as it seeks to honor a pledge to sharply cut U.S. emissions of greenhouse gases by the end of the decade.

The release of the new emissions figures comes just three days after President Obama stood before a United Nations climate summit to highlight U.S. progress in reducing levels of carbon dioxide and other gases blamed for warming the planet.

“The United States has reduced our total carbon pollution by more than any other nation on Earth, but we have to do more,” the president told world leaders at U.N. headquarters in New York.


Source
"Smokey, this is not 'Nam, this is bowling. There are rules."
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
September 27 2014 03:19 GMT
#26326
On September 27 2014 06:55 Sub40APM wrote:
Show nested quote +
On September 27 2014 04:57 JonnyBNoHo wrote:
On September 27 2014 01:39 Simberto wrote:
I don't get it. Company owes taxes, government grabs stuff, stuff gets auctioned to pay taxes. How is that news?

It's not. It's politics disguised as news. You're supposed to get a good laugh out of it and vote for the other guy.

its news because brownback's cut all taxes policy didnt magically lead to either faster growth or higher employment. Which no one has ever predicted would happen because as everyone knows tax cuts are always expansionary.

... which has nothing to do with the seizure and sale of the merchandise.
Yoav
Profile Joined March 2011
United States1874 Posts
September 27 2014 03:48 GMT
#26327
On September 27 2014 06:56 XenOmega wrote:
I was just curious : Do the US medias speak at all of Canada or only rarely?

It seems to me, in Canada, our newspapers always talk about the US ^^ Just wondering if it was mutual


Not really. But of all my gripes with US media, insufficient coverage of Canada is low on the list. I mean, you're a country of 30 million people and few interesting problems. You're like California in population, and far less full of insane celebrities. And the few you have are the reasons we pay attention. The US on the other hand is a global superpower with wide-ranging impact on just about everything. There is a disparity, but not really an injustice here. I'm guessing you read a lot more about Spain in Portugal's papers than the other way around, and the population disparity there is like 4:1, not 10:1.
bookwyrm
Profile Joined March 2014
United States722 Posts
Last Edited: 2014-09-27 04:33:46
September 27 2014 04:23 GMT
#26328
On September 27 2014 11:12 kwizach wrote:
Show nested quote +
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

You clearly do not understand his point, and, from what it looks like, monetary policy. Don't call Krugman stupid when you don't understand what he's talking about.


"we are the high priests, unless you are indoctrinated into our mysteries you are not qualified to have an opinion about things that have a very direct impact on your life. repent mortal!"

in other words:

On September 27 2014 10:16 Jerubaal wrote:
I can see from the last page, though, that there is quite an audience for people who think that they don't have to worry about engaging in a fair debate and marginalization of their ideological enemies is a just practice. .


I know enough about monetary policy to know that nobody in the entire fucking world really understands monetary policy. Death to technocrats. Deleverage everything now
si hortum in bibliotheca habes, deerit nihil
Sub40APM
Profile Joined August 2010
6336 Posts
September 27 2014 04:36 GMT
#26329
On September 27 2014 12:19 JonnyBNoHo wrote:
Show nested quote +
On September 27 2014 06:55 Sub40APM wrote:
On September 27 2014 04:57 JonnyBNoHo wrote:
On September 27 2014 01:39 Simberto wrote:
I don't get it. Company owes taxes, government grabs stuff, stuff gets auctioned to pay taxes. How is that news?

It's not. It's politics disguised as news. You're supposed to get a good laugh out of it and vote for the other guy.

its news because brownback's cut all taxes policy didnt magically lead to either faster growth or higher employment. Which no one has ever predicted would happen because as everyone knows tax cuts are always expansionary.

... which has nothing to do with the seizure and sale of the merchandise.

...except that Kansas is now forced to engage in all kinds of creative cash raising processes because of GOP policies.
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
September 27 2014 04:44 GMT
#26330
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

We aren't really debasing the currency though. The broad money supply hasn't grown much (less than pre-crisis) and the main thrust of monetary policy is low interest rates, not "money creation" or "debasement".
JonnyBNoHo
Profile Joined July 2011
United States6277 Posts
Last Edited: 2014-09-27 05:05:42
September 27 2014 04:48 GMT
#26331
On September 27 2014 13:36 Sub40APM wrote:
Show nested quote +
On September 27 2014 12:19 JonnyBNoHo wrote:
On September 27 2014 06:55 Sub40APM wrote:
On September 27 2014 04:57 JonnyBNoHo wrote:
On September 27 2014 01:39 Simberto wrote:
I don't get it. Company owes taxes, government grabs stuff, stuff gets auctioned to pay taxes. How is that news?

It's not. It's politics disguised as news. You're supposed to get a good laugh out of it and vote for the other guy.

its news because brownback's cut all taxes policy didnt magically lead to either faster growth or higher employment. Which no one has ever predicted would happen because as everyone knows tax cuts are always expansionary.

... which has nothing to do with the seizure and sale of the merchandise.

...except that Kansas is now forced to engage in all kinds of creative cash raising processes because of GOP policies.

Like what? The article was about normal seizures.

I thought liberals were mad about austerity anyways.

Edit: I'm being a little cheeky here, but tax cuts are a form of stimulus. You may not like the type of stimulus it is, but that's the nature of the beast - not everyone is going to get what they want.
coverpunch
Profile Joined December 2011
United States2093 Posts
Last Edited: 2014-09-27 04:51:38
September 27 2014 04:49 GMT
#26332
On September 27 2014 13:44 JonnyBNoHo wrote:
Show nested quote +
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

We aren't really debasing the currency though. The broad money supply hasn't grown much (less than pre-crisis) and the main thrust of monetary policy is low interest rates, not "money creation" or "debasement".

"We're debasing ourselves" would be a terribly awkward but hilarious Fed announcement.

EDIT: SOMEONE has to have made some Fed policy related porn. I'll show you quantitative easing as soon as your debase your currency and my money creation causes hyperinflation. Extra points if you get a Japanese AV star involved and mix in some German BDSM austerity.
bookwyrm
Profile Joined March 2014
United States722 Posts
Last Edited: 2014-09-27 05:44:08
September 27 2014 05:43 GMT
#26333
god that's hot

janet yellen in fishnets mmmmm
si hortum in bibliotheca habes, deerit nihil
GreenHorizons
Profile Blog Joined April 2011
United States24367 Posts
September 27 2014 08:48 GMT
#26334
On September 27 2014 13:48 JonnyBNoHo wrote:
Show nested quote +
On September 27 2014 13:36 Sub40APM wrote:
On September 27 2014 12:19 JonnyBNoHo wrote:
On September 27 2014 06:55 Sub40APM wrote:
On September 27 2014 04:57 JonnyBNoHo wrote:
On September 27 2014 01:39 Simberto wrote:
I don't get it. Company owes taxes, government grabs stuff, stuff gets auctioned to pay taxes. How is that news?

It's not. It's politics disguised as news. You're supposed to get a good laugh out of it and vote for the other guy.

its news because brownback's cut all taxes policy didnt magically lead to either faster growth or higher employment. Which no one has ever predicted would happen because as everyone knows tax cuts are always expansionary.

... which has nothing to do with the seizure and sale of the merchandise.

...except that Kansas is now forced to engage in all kinds of creative cash raising processes because of GOP policies.

Like what? The article was about normal seizures.

I thought liberals were mad about austerity anyways.

Edit: I'm being a little cheeky here, but tax cuts are a form of stimulus. You may not like the type of stimulus it is, but that's the nature of the beast - not everyone is going to get what they want.



If only they actually stimulated the economy and the 'stimulation' wasn't mostly a result of coincidence... Seems to have worked wonders in Kansas right? Only lost a quarter billion dollars, maybe next year they could get to half!
"People like to look at history and think 'If that was me back then, I would have...' We're living through history, and the truth is, whatever you are doing now is probably what you would have done then" "Scratch a Liberal..."
kwizach
Profile Joined June 2011
3658 Posts
Last Edited: 2014-09-27 09:43:12
September 27 2014 09:43 GMT
#26335
On September 27 2014 13:23 bookwyrm wrote:
Show nested quote +
On September 27 2014 11:12 kwizach wrote:
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

You clearly do not understand his point, and, from what it looks like, monetary policy. Don't call Krugman stupid when you don't understand what he's talking about.


"we are the high priests, unless you are indoctrinated into our mysteries you are not qualified to have an opinion about things that have a very direct impact on your life. repent mortal!"

in other words:

Show nested quote +
On September 27 2014 10:16 Jerubaal wrote:
I can see from the last page, though, that there is quite an audience for people who think that they don't have to worry about engaging in a fair debate and marginalization of their ideological enemies is a just practice. .


I know enough about monetary policy to know that nobody in the entire fucking world really understands monetary policy. Death to technocrats. Deleverage everything now

So you confirm you don't know what you're talking about, got it.
"Oedipus ruined a great sex life by asking too many questions." -- Stephen Colbert
coverpunch
Profile Joined December 2011
United States2093 Posts
September 27 2014 12:57 GMT
#26336
On September 27 2014 18:43 kwizach wrote:
Show nested quote +
On September 27 2014 13:23 bookwyrm wrote:
On September 27 2014 11:12 kwizach wrote:
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

You clearly do not understand his point, and, from what it looks like, monetary policy. Don't call Krugman stupid when you don't understand what he's talking about.


"we are the high priests, unless you are indoctrinated into our mysteries you are not qualified to have an opinion about things that have a very direct impact on your life. repent mortal!"

in other words:

On September 27 2014 10:16 Jerubaal wrote:
I can see from the last page, though, that there is quite an audience for people who think that they don't have to worry about engaging in a fair debate and marginalization of their ideological enemies is a just practice. .


I know enough about monetary policy to know that nobody in the entire fucking world really understands monetary policy. Death to technocrats. Deleverage everything now

So you confirm you don't know what you're talking about, got it.

To be fair, Krugman doesn't do a good job of explaining his positions and his blog is blindingly opinionated. His justifications generally amount to little more than "I'm right and conservatives are always wrong".
bookwyrm
Profile Joined March 2014
United States722 Posts
Last Edited: 2014-09-27 16:26:17
September 27 2014 16:19 GMT
#26337
On September 27 2014 18:43 kwizach wrote:
Show nested quote +
On September 27 2014 13:23 bookwyrm wrote:
On September 27 2014 11:12 kwizach wrote:
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

You clearly do not understand his point, and, from what it looks like, monetary policy. Don't call Krugman stupid when you don't understand what he's talking about.


"we are the high priests, unless you are indoctrinated into our mysteries you are not qualified to have an opinion about things that have a very direct impact on your life. repent mortal!"

in other words:

On September 27 2014 10:16 Jerubaal wrote:
I can see from the last page, though, that there is quite an audience for people who think that they don't have to worry about engaging in a fair debate and marginalization of their ideological enemies is a just practice. .


I know enough about monetary policy to know that nobody in the entire fucking world really understands monetary policy. Death to technocrats. Deleverage everything now

So you confirm you don't know what you're talking about, got it.


i wonder if you have anything of substance to say, other than that I must be wrong a priori because I disagree with you. the smugness! It's really embarrassing, especially because you probably feel all high and mighty about what a "reasonable" person you are since you are a Democrat and not a Republican. Actually you are just locked in the echo chamber like everyone else

On September 27 2014 21:57 coverpunch wrote:
Show nested quote +
On September 27 2014 18:43 kwizach wrote:
On September 27 2014 13:23 bookwyrm wrote:
On September 27 2014 11:12 kwizach wrote:
On September 27 2014 03:17 bookwyrm wrote:
This paragraph, for instance, is one of the most terrifying things I have ever read:

"Why does all of this matter? One answer is that central bankers need to stop talking about “exit strategies.” Easy money should, and probably will, be with us for a very long time. This, in turn, means we can forget all those scare stories about government debt, which run along the lines of “It may not be a problem now, but just wait until interest rates rise.”

don't worry guys, we can just solve all our problems by debasing the currency. Yeah ok keep telling yourself that, Caesar

You clearly do not understand his point, and, from what it looks like, monetary policy. Don't call Krugman stupid when you don't understand what he's talking about.


"we are the high priests, unless you are indoctrinated into our mysteries you are not qualified to have an opinion about things that have a very direct impact on your life. repent mortal!"

in other words:

On September 27 2014 10:16 Jerubaal wrote:
I can see from the last page, though, that there is quite an audience for people who think that they don't have to worry about engaging in a fair debate and marginalization of their ideological enemies is a just practice. .


I know enough about monetary policy to know that nobody in the entire fucking world really understands monetary policy. Death to technocrats. Deleverage everything now

So you confirm you don't know what you're talking about, got it.

To be fair, Krugman doesn't do a good job of explaining his positions and his blog is blindingly opinionated. His justifications generally amount to little more than "I'm right and conservatives are always wrong".


where do you think kwizach learned it? He believes that's an acceptable way to behave. Because it's just SO OBVIOUS that he's right. paul krugman is such a smug little shit

if you wanted to demonstrate that I don't know what I'm talking about, maybe you could explain it. But I know you can't because you're incapable of having an economic thought other than "must... obey... paul... krugman... must... not... take... chance... of... free... thought...."
si hortum in bibliotheca habes, deerit nihil
Nyxisto
Profile Joined August 2010
Germany6287 Posts
Last Edited: 2014-09-27 16:29:20
September 27 2014 16:28 GMT
#26338
On September 28 2014 01:19 bookwyrm wrote:
where do you think kwizach learned it? He believes that's an acceptable way to behave. Because it's just SO OBVIOUS that he's right. paul krugman is such a smug little shit

Well you haven't said a lot more than "paul krugman is really stupid and corrupt and "the fed is run by lizard people" and supported that by some radio podcast, which isn't the greatest line of argument either.
nunez
Profile Blog Joined February 2011
Norway4003 Posts
Last Edited: 2014-09-27 16:34:22
September 27 2014 16:34 GMT
#26339
trash post, nyxisto.

the podcast (an excellent one) reports on a cultural problem within the fed (regulators acting like sycophants). a problem they are well aware of (as per their own secret, but released, report), and an employee who was fired for standing up to it / doing her job.
conspired against by a confederacy of dunces.
bookwyrm
Profile Joined March 2014
United States722 Posts
Last Edited: 2014-09-27 16:36:22
September 27 2014 16:35 GMT
#26340
Dude, there's 47 hours of leaked tapes demonstrating the Fed's complete regulatory capture

And our monetary policy is a disastrous death trap that can only end in meltdown. the Keynesians with their "stay the course" mentality about how we must have easy money indefinitely because (they explicitly say this) the only way to "stimulate the economy" (which is a poorly defined concept) is to inflate bubbles. And Krugman also writes editorials about how anyone who thinks that "economic growth" (another incoherent non-concept) has NO CONFLICT with environmental protection, which is just a stupid thing to say. OF COURSE there is a conflict between "economic growth" and the environment because in the metrics we use for "growth" blowing stuff up uselessly counts as GDP.

Krugman's entire editorials amount to "Hey guys... this really big obvious problem that you are all talking about? It's not a problem. I proved it! But you're too dumb to understand, so just believe me. Vote Obama" He's just a technocratic shill, his ideology is paper thin

edit @ above: not to mention "some podcast" is This American LIfe.
si hortum in bibliotheca habes, deerit nihil
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