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GW Hayduke

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Everything posted by GW Hayduke

  1. Bernie should just pull out of the primary and endorse Biden. Why won’t Bernie do that? Doesn’t he care about the health of the elderly that will be showing up to vote!!!?!
  2. Your point wasn't missed. The FEd doing what the Fed does, make short term zero risk loans to banks so the banks can then turn around and make loans, is unrelated to your position. This is not an expenditure by the gov. Making an “indirect” comparison between this and a gov expenditure is not something we should be doing. There are other things that can be compared, like the proposed income tax relief or injection of cash to the cruise industry, but this isn’t one of them.
  3. I found the below description of the 1.5T injection by the Fed. Comparing this to the purchase of military equipment or the idea of clearing student loans should be avoided. ————— What the Fed has done here is gone to banks and said “I will buy $500 billion in government bonds if you agree to buy them back in X days for $500.0001 billion dollars”. The banks agree to this in order to ensure they have enough cash on hand to loan to other banks and businesses. This is kind of a loan in the sense that the Fed is temporarily giving banks money to be repaid for a profit, but the key difference is that the Fed holds the bonds as collateral in the meantime. This means there is little to no risk of default on these loans since the Fed can turn around and sell the bonds to recoup any losses. The key point here is that this means this isn’t really a stack of cash sitting around that could be redirected. The fundamental mechanism here is a temporary injection of liquid cash in exchange for safe collateral. That isn’t the case with other suggestions floated around like using this money for a temporary UBI, or canceling student loan debt. It may be surprising to know that these types of repurchase agreements happen every day as a normal mechanism to keep the economy moving and regulated. Usually, they are for smaller amounts (I think around $100 billion each day). What the Fed has done here is increased that amount to $500 billion over three days, which is why you alternatively see headlines saying they are injecting $500 billion or $1.5 trillion into the economy. The reason this can happen without much debate is that it is to a large part ‘baked in’ to normal operation - the only thing that has changed is the daily amount, and even then temporarily.
  4. So this is a 1.5T bipartisan loan and the government is going to get it back? Why are people pretending it is an expenditure like a military plane?
  5. Interesting. Biden has the ability to pull people together, get endorsements, make deals, and listen to experts. That all is exactly what a potus needs to do. We know trump isn’t able to do that and look at the consequences. Plus many trump supporters see those things as weaknesses.
  6. I imagine Chuck and Diamond Joe will make that calculation. But I thought she was off the table
  7. The goal is to win the WH and the senate. Nothing happens unless this occurs. Warren as VP would weaken Dem’s position in the senate. Is that not correct?
  8. - tax cuts to corporations and top earners gave us a big deficit and removed some levers that might be handy now. - trade wars. - shitting on our allies. - mismanaging the pandemic. - slowing immigration. I think there are a lot of things to put the blame on potus. The Trump Recession seems like an appropriate label/
  9. Hahaha... for a guy that pretends to transcend politics and be Mr. Miyagi trying to make the left side’s political arguments as good as possible, you sure do take things personally. I don’t remember Mr. Miyagi taking things personally. He was cool like a cucumber.
  10. We live in a time when large groups unfortunately feel that things like coalition building, negotiation, and compromise are signs of weakness. That is a similarity between the trumpkin identity and the Bernie bro identity. Add the populist rhetoric and social media marketing and their methods are spitting images
  11. When the narrative pushed is both sides, it isn’t whataboutism to point out the differences between the two sides. The narrative that both sides are the same when it comes to kids in cages and family separations should be presented with facts about the 4000+ families separated for deterrence through Sessions’ actions, the cancelling of DACA, and the context of the DREAM act, which would have allowed a path to permanent residency for minors. The two choices in November are stark.
  12. Cool man. Then I’m sure you are familiar with what Obama was almost able to pass in 2012. That was a big deal at the time.
  13. Weird flex. Trump’s admin has been a travesty for immigration rights. That should be common knowledge. https://www.migrationpolicy.org/research/immigration-under-trump-review-policy-shifts Don’t forget about Obama and Boehner’s immigration bill in 2012 that was killed by the far right wing of the GOP. It was known as the DREAM act. https://en.m.wikipedia.org/wiki/DREAM_Act
  14. It is weird that you would try to make this personal. What is up with that? Your both sides narrative gets called out, so you decide to attack motive. Where is that coming from?
  15. No one is saying the world was hunky Dory under Obama. The issue is the narrative that Biden would be the same as trump when it comes to kids in cages/family separations. That is a trump talking point and clearly fallacious.
  16. No man. If you are gonna drop down both sides narratives, you need to back it up. A 2014 news article doesn’t do that. The only thing I can do is provide you with information that dispels your BoTh SiDeS position. It is up to you to read that information and do better in the future. https://www.factcheck.org/2018/06/did-the-obama-administration-separate-families/ https://en.m.wikipedia.org/wiki/Trump_administration_family_separation_policy
  17. An article from 2014 is not support for the assertion that BoTh SiDeS aRe ThE sAmE when it comes to children in cages, family separations, or immigration. It is weak sauce to assert that. This is the problem with political dialogue. People pick up fallacious ideas from twitter or wherever about both sides and then get fed weaksauce evidence to assert. Then they regurgitate
  18. In order to “put kids in cages” they are first separated from their families. Don’t converse in bad faith.
  19. This isn’t correct. Biden is and always has been a mainstream democrat. As the party has moved left, so has Biden.
  20. This is a trump talking point. Equating the temporary family separation needed to confirm identities under Obama to the “zero tolerance” near-permanent family separations in the name deterrence under Sessions/trump is gross. Obama let family units stay together during the immigration/deportation process. Trump separated all families across the board. +4000 kids were separated under trump and no one knows exactly how many. Why are people using trump talking points to attack Biden? Where are people hearing this stuff? https://en.m.wikipedia.org/wiki/Trump_administration_family_separation_policy https://www.factcheck.org/2018/06/did-the-obama-administration-separate-families/
  21. I also kind of doubt. But it would be the mature thing to do and clearly in the interest of continued US democracy (aka removing the authoritarian from office). People on the left need to start demanding it. I’m sure there will always be a faction of the Bernie bros (like bad teammate and other twitter tools) that don’t have the maturity or awareness, but that doesn’t mean all other progressives shouldn’t demand Bernie do the right thing - and soon.
  22. That was spot on. If you are anywhere left of trump and you don’t vote for Biden, you have been duped!! That guy needs to start opening up for Bernie’s speeches.
  23. Trump and his team are scared shitless. Trump is an impeached president because he tried to kneecap Biden. The right and trump have been defending Bernie. Joe Biden is a terrible candidate for Trump and those around trump know it. Biden + recession + pandemic mismanagement + 2019 Ukraine + 2016 Russian collusion + whatever other bombs drop (Saudi transcripts, Deutsche bank, tax returns, irs whistleblower) could all lead to flipping the Senate. That is terribly important. Removing roadblock Mitch has to happen before any meaningful legislation will pass.
  24. Sanders, his supporters, and the Bernie bros need to start cleaning their house. They have allowed this victimhood messaging to resonate. Sanders needs to take a bulk of the responsibility since he chose to run an anti-Democratic party campaign and surround himself with anti-establishment people. Sanders has a big job to do. He needs to get to it
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