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The Autumn Wind
That's probably exactly what the GOP wants.
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PoliGAF 2013 |OT2| Worth 77% of OT1
- Thread starter The Librarian
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The crazy will still be shown in youtube clips, on other networks, Priebus won't be able to hide the crazy. And at the same time, the debates will be limited to a smaller pool of people, while the Hillary train gets to laugh it up on CNN/NBC/ABC/CBS/Fox maybe even Univision. I just don't see it happening, the negatives outweigh the benefits for Priebus.
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thepotatoman
Unconfirmed Member
I actually would like the democrats to not air their primary debates on CNN either. CNN's love for Clinton in the 2008 primaries was insufferable. They would barely even give Obama the time of day, nonetheless any of the other candidates, unless it was negative. It's so sickening to see big name news outlets with clear agendas try to shape the electoral process and get away with it.
Yea but it also limits the kinds of questions and number of debates. The more debates the more crazy gets out there, the tougher the questions they worse they'll look. Hilary is going to be the center of attention anyways. Nothing they can do about that so they may as well try to limit the self-inflicted damage done to their own candidates.
Avon Barksdale
Member
Rand Paul will be on The Daily Show this week.
Of all the weeks for Jon not to be there. I hope John makes him look dumb for his "King of Bacon" shit.
smokeandmirrors
Banned
Brother shared this picture on Facebook
The comments were worse. Gold standard and bartering.. Lolz.
The comments were worse. Gold standard and bartering.. Lolz.
The Technomancer
card-carrying scientician
Is...is that picture really arguing against the idea of decoupled currency?Brother shared this picture on Facebook
The comments were worse. Gold standard and bartering.. Lolz.
I bet money this tactic would backfire, but we'll see what magic Priebus attempts to conjure. Some candidates will find a way to make the Republicans look like a joke no matter what.
Is Stewart back yet? If not, I hope Oliver twists the screws when it comes to his association with anti-civil rights people (and really his thoughts on civil rights in general) and his plans on closing down much of the government.
No discussion on drone shit, pls.
Frank the Great
Banned
Brother shared this picture on Facebook
The comments were worse. Gold standard and bartering.. Lolz.
That's not a promissory note though. People really don't understand the concept of money.
smokeandmirrors
Banned
I... think so?
I mean bringing up inflation rates destroys the whole thing entirely. And spending power is tied to the minimum wage and stagnant wages. But clearly gold is the answer to all our problems.
It amazes me how simplistic the arguments from the right can become without any actual empirical evidence.
Link
The Autumn Wind
I love it when people don't understand the concept of currency.Brother shared this picture on Facebook
The comments were worse. Gold standard and bartering.. Lolz.
smokeandmirrors
Banned
This is a chart. It says in the past you have lost almost one third of your investment in less than a year for listening to advertisements on conservative talk radio.
buh buh buh gold is going to keep increasing in price till infinity!
Ignatz Mouse
Banned
If they go through with it, it's going to make the GOP look really bad. The one lever the White House has is cutting access, and they wield that threat very carefully because they know there will be backlash. Don't think comments/opinions about the GOP being opaque won't start erupting on all the news outlets.
Share this with your bro Notrollius.
This is a chart. It says in the past you have lost almost one third of your investment in less than a year for listening to advertisements on conservative talk radio.
Meanwhile, the inflation his image warns about is hovering under 2%.
Brother shared this picture on Facebook
The comments were worse. Gold standard and bartering.. Lolz.
I don't want to live on this planet anymore...
Oh I agree 110%, it's a stupid moronic plan but it's exactly the kind of shit Priebus would try. He saw the debates did more harm than good, so he would decide to hold less of them and have them be more controlled. The real solution would be not to ride on the crazy train anymore but that ain't happening.
Yep. He started it and everyone seemed to grab hold, especially Glen Beck. He's as much to blame for this shit as Paul.
TacticalFox88
Banned
Brother shared this picture on Facebook
The comments were worse. Gold standard and bartering.. Lolz.
I find it hilarious that this picture is using all of these economic terms without understanding what they fully mean. Some of those words/concepts don't even go together.
What the fuck?
Because dollars are fiat currency, which people have been convinced fiat = fake, and gold = real.
While ignoring at the same time, gold bars are also a fiat currency. They only have value as long as people give them value. Unless they have some tangible use to you (ie you are a jeweler, or electronics manufacturer) it's only worth anything as long as other people recognize it.
Pretty much "this was the currency we had first, therefore it is the only" even though if you go further back in time, sugar is worth more than gold. And we just sprinkle that fucking shit out on our cereal now like it's nothing.
Rhomega Beta
Member
Gold standard controls inflation or something.
Link
The Autumn Wind
In America, first you get the sugar, then you get the power, then you get the women!
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thepotatoman
Unconfirmed Member
Just another funny little thing about the "government always does it wrong" narrative that's made republican voters no longer want to vote republican. Big business republicans love the concept of the fed and the cheap loans it affords for big business, and possibly even do understand why economists like it too. But how do you explain it to a population who only voted you in expecting you to destroy as much government as possible.
This kinda is actually (at least to some degree).
The gold standard makes it hard to inflate the currency, and inflation is generally (and admittedly, at very broad strokes) bad for rich people and good (or at least better) for poor people.
Economic interests aligned pretty similarly when gold vs. silver was debated in the late 19th century and early 20th, even though both are "real currencies".
Avon Barksdale
Member
Kirsten Gillibrand was on last week.
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thepotatoman
Unconfirmed Member
How is that?
Generally people with investments gain money with inflation and inflation causes prices to rise people who use the stuff they actually use. That can be evened out by increases in wages(something that isn't happening at the minimum wage level), but I don't see it being lopsided towards benefiting the poor specifically over the rich. Sometimes the government can do things that are both good for the poor and cause inflation, but that's not the same as inflation being good for the poor.
I'm not saying i'm against inflation. Its actually one part of supply side economics that's good for everyone. Inflation means it's always a mistake to be sitting on your money, so it makes you invest and buy things, which causes money circulation, and thus creating jobs and a healthy economy. Rich get richer, poor get jobs, everyone's happy, while deflation makes rich get poorer as their investments lose money and poor lose their jobs as overall demand drops.
I'm just curious why inflation would specifically be good for the poor and bad for the rich. I'd like to know if there's something I didn't think about.
In general terms, inflation help the debtors and hurt the creditor, now it's true, many creditors try to get around it or insure themselves against such things, but on a macro level*, it still hold true.
Also, the rich holds the majority of the non-inflation indexed assets.
p.s.
I'm not saying it's a proof, but I think by looking at who is obsessed with inflation in our political system (today and historically), you can at least gather some corroborative evidence there.
As Cicero used to say - cui bono?
* And at least on my own micro level it holds super true, my biggest liability is my mortgage which has fixed rate and my salary is effectively indexed to inflation (through competitive compensation), I once ran the numbers of what it would mean to me to have a 10% annual inflation, and man, I would retire early and comfortably. And even though I'm not exactly poor, I think many in the middle class are in a similar financial situation at list in regards to inflation.
The aspect you're missing is debt. The rate of inflation can be thought of as the change over time in the ratio of nominal value to real value. The nominal value of a debt is fixed -- therefore, if inflation increases, the real value of the debt must fall. Since inflation is thus bad for debt holders, it's obviously good for debtors -- and poor people are much more likely to be debtors, while rich people are much more likely to be debt holders.
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thepotatoman
Unconfirmed Member
Ah yeah, I was forgetting about debt. Thanks guys.
empty vessel
Member
Brother shared this picture on Facebook
The comments were worse. Gold standard and bartering.. Lolz.
The "banks" that issue these promissory notes are the government (the Federal Reserve). And they do not charge interest for doing so. But even if they did, the Federal Reserve must pay to the Treasury all of its "profit," which is just ultimately a tax on the domestic private sector.
Such ignorance.
The aspect you're missing is inflation expectations being priced into the cost of debt. It is only when unexpected inflation or deflation occurs that it benefits a party one way or another,
Also when the presses are running in a liquidity trap all that money becomes is excess reserves, beneficial to assets holders not those with liabilities.
empty vessel
Member
Not if it's spent fiscally through the treasury rather than through asset swaps through the Fed (which is indeed pointless).
NYCmetsfan
Banned
http://talkingpointsmemo.com/news/h...-against-mandatory-minimum-sentencing.php?m=1
This sounds like great news.
Holder to move against many mandatory minimums.
This sounds like great news.
Holder to move against many mandatory minimums.
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thepotatoman
Unconfirmed Member
I didn't know he had the power to do that. He doesn't need congressional approval for that, right?
It's certainly a good step forward.
PhoenixDark
Banned
Megaton...but does he has the authority to make such a decision? Seems like congress has a say.
The article isn't totally clear, but I came away with the impression there are some things the justice department can do to provide judges more room to interpret when to apply minimum sentencing, among other things. But changing those minimums will require Congress, similar to the bill cited (which from the sponsors might actually have a shot).
zero shift
Banned
Is it really true that one out of THREE African Americans will go to prison (not jail but prison) within their life times?
empty vessel
Member
One in three young black men are under criminal supervision. And not in their lifetime, but right now, which means the likelihood of any given black man being under criminal supervision in his lifetime is even higher:
As the cycle of incarceration and release continues, an ever greater number of young men face prison as an expected marker of adulthood. But the expansive reach of the criminal justice system has not affected all groups equally. More than any other group, African Americans have felt the impact of the prison boom, comprising more than 40 percent of the current prison population while making up just 12 percent of the U.S. population. At any given time, roughly 12 percent of all young black men between the ages of twenty-five and twenty-nine are behind bars, compared to less than 2 percent of white men in the same age group; roughly a third are under criminal justice supervision. Over the course of a lifetime, nearly one in three young black men--and well over half of young black high school dropouts--will spend some time in prison. According to these estimates, young black men are more likely to go to prison than to attend college, serve in the military, or, in the case of high school dropouts, be in the labor market. Prison is no longer a rare or extreme event among our nations most marginalized groups. Rather it has now become a normal and anticipated marker in the transition to adulthood.
http://books.google.com/books?id=f0...h school dropouts"&pg=PA3#v=onepage&q&f=false
zero shift
Banned
Let me guess, most of it is due to mere possession right?
But Bill Cosby, reverse racism, rap music!
Why do I feel that in one hundred years from now we will look at black incarceration rates and modern segregation as we do with Jim Crow?
Link
The Autumn Wind
This needs to happen.
ClassyPenguin
Banned
Oh god yes.
I am absolutely in favor of pro-treatment instead of incarceration.
I am absolutely in favor of pro-treatment instead of incarceration.
Now this is great news.
NYCmetsfan
Banned
Sounds like he's just gonna direct the DOJ not to prosecute people who will be stuck with mandatory minimums. Maybe charge them with a lesser crime?
jamesinclair
Banned
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