Jump to content

Joe Biden 2023: The Dark Brandon Rises


StassneyHorn

Recommended Posts

The Fed finally downloaded Venmo

https://www.reuters.com/business/finance/fed-set-launch-long-awaited-instant-payments-service-modernizing-system-2023-07-20/
 

The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week, the central bank announced on Thursday.

The "FedNow" service, which has been in the works since 2019, will seek to eliminate the several-day lag it commonly takes cash transfers to settle, bringing the U.S. in line with countries including the United Kingdom, India, Brazil, as well as the European Union, where similar services have existed for years.

 

Link to comment
Share on other sites

30 minutes ago, StassneyHorn said:

The Fed finally downloaded Venmo

https://www.reuters.com/business/finance/fed-set-launch-long-awaited-instant-payments-service-modernizing-system-2023-07-20/
 

The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week, the central bank announced on Thursday.

The "FedNow" service, which has been in the works since 2019, will seek to eliminate the several-day lag it commonly takes cash transfers to settle, bringing the U.S. in line with countries including the United Kingdom, India, Brazil, as well as the European Union, where similar services have existed for years.

 

I wasn’t aware this was an issue. 

Link to comment
Share on other sites

On 7/18/2023 at 9:02 PM, Biff Tannen said:

Ok, has this all been a double agent skit?  I thought she was starting to turn a bit a few months back, but is this all a masterful play by the simulation?  Could it be?

Edit: also BRAVO to Biden's social media team.  They fucking kill it compared to 99% of other Dems

No--it's more ridiculous than all that.  It's that Republicans now live in such an extremely tight echo chamber that it it didn't occur to Marge for even a second that what she was saying could be viewed as complimentary to Biden.

It used to be that the parties used their mouthpieces to disseminate talking points to the base, and the base would lap it up.  So the party's base would get so focused on the party's narrative that the other party's story didn't even make sense.  If anything, it was something to be mocked and ridiculed.  That's what Rush Limbaugh and the people who followed him were great for.

But thirty years ago, the officeholders and other elites didn't actually listen to Rush.  They were all in on a kind of joke.  They knew Rush was full of shit, but he was damned useful.  So they would use some of his lines to trigger a response from their base.  But they didn't actually believe it.

But now it's flipped.  The Republican officeholders and elites are as much in that echo chamber as anyone.  Maybe more so.  How many congressional office televisions do you think are turned to Newsmax or OANN 24/7?  I guarantee you it's a lot of them.

And so now the Republican Party has completely lost the ability to communicate to normal Americans.  This isn't the first time we've seen it.  The SOTU response earlier this year showed the exact same dynamic.  It was so full of online buzzwords and nods to various conspiracy theories that the average person was left wondering "what the fuck are they talking about?".

We're going to continue to see this.  Because the Republicans have lost the narrative.  They haven't just lost it; the narrative has a three-day head start on them.  The narrative has friends in every town and village from here to the Sudan.  It speaks a dozen languages, knows every local custom.  It'll blend in, disappear.  The Republicans will never see it again. 

  • Hook 'Em 8
  • Rage+1 1
Link to comment
Share on other sites

2 minutes ago, Ghost of LL said:

No--it's more ridiculous than all that.  It's that Republicans now live in such an extremely tight echo chamber that it it didn't occur to Marge for even a second that what she was saying could be viewed as complimentary to Biden.

 

They should continue to call Biden a socialist Democrat and compare him to LBJ and FDR and even Bernie.  The younger generation will just end up actually liking Biden. 

  • Hook 'Em 4
Link to comment
Share on other sites

7 minutes ago, Ghost of LL said:

 It's that Republicans now live in such an extremely tight echo chamber that it it didn't occur to Marge for even a second that what she was saying could be viewed as complimentary to Biden.

If only the MAGAs would realize that what she was saying was also beneficial for them, things like education, medical care, rural poverty, Medicare/Medicaid, and labor unions. 

Joe Biden could propose a bill that offers a tax-free gift of $50,000 to anyone who owns a pick-up truck with a gun rack and a confederate flag sticker, and just because Biden, those fuckers would be against it.

  • Hook 'Em 1
Link to comment
Share on other sites

12 hours ago, South Austin said:

If only the MAGAs would realize that what she was saying was also beneficial for them, things like education, medical care, rural poverty, Medicare/Medicaid, and labor unions. 

Joe Biden could propose a bill that offers a tax-free gift of $50,000 to anyone who owns a pick-up truck with a gun rack and a confederate flag sticker, and just because Biden, those fuckers would be against it.

But they'd still take the fucking $50,000 and claim that it's their tax money, anyway.

  • Hook 'Em 4
  • Like 2
  • Rage+1 1
Link to comment
Share on other sites

To be fair to Donald Trump, Jr.  He's a tall guy and probably has an above average sized dick.  It's just hard to ascertain the actual size when he's constantly on at least a gram of mid-grade blow at any given time, thus rendering his penis flaccid and withdrawn.  Whiskey dick is real. Coke dick is real, fucking small.  

Link to comment
Share on other sites

Politico put out a great article on the population booms of college towns and how they've largely gone Democrat's way from 2000-2020. Looks at Madison WI, Fort Collins CO, both Missoula and Bozeman in Montana, and Asheville among others

https://www.politico.com/news/magazine/2023/07/21/gop-college-towns-00106974

‘This Is a Really Big Deal’: How College Towns Are Decimating the GOP

Growing population in America’s highly educated enclaves has led to huge gains for the Democratic Party. And Republicans are scrambling for answers.

 

  • Hook 'Em 3
  • Like 3
Link to comment
Share on other sites

23 hours ago, YGIFS said:

To be fair to Donald Trump, Jr.  He's a tall guy and probably has an above average sized dick.  It's just hard to ascertain the actual size when he's constantly on at least a gram of mid-grade blow at any given time, thus rendering his penis flaccid and withdrawn.  Whiskey dick is real. Coke dick is real, fucking small.  

Confused Mark Wahlberg GIF by 20th Century Fox Home Entertainment

  • Like 1
  • Haha 8
Link to comment
Share on other sites

On 7/21/2023 at 9:01 AM, Ghost of LL said:

No--it's more ridiculous than all that.  It's that Republicans now live in such an extremely tight echo chamber that it it didn't occur to Marge for even a second that what she was saying could be viewed as complimentary to Biden.

It used to be that the parties used their mouthpieces to disseminate talking points to the base, and the base would lap it up.  So the party's base would get so focused on the party's narrative that the other party's story didn't even make sense.  If anything, it was something to be mocked and ridiculed.  That's what Rush Limbaugh and the people who followed him were great for.

But thirty years ago, the officeholders and other elites didn't actually listen to Rush.  They were all in on a kind of joke.  They knew Rush was full of shit, but he was damned useful.  So they would use some of his lines to trigger a response from their base.  But they didn't actually believe it.

But now it's flipped.  The Republican officeholders and elites are as much in that echo chamber as anyone.  Maybe more so.  How many congressional office televisions do you think are turned to Newsmax or OANN 24/7?  I guarantee you it's a lot of them.

And so now the Republican Party has completely lost the ability to communicate to normal Americans.  This isn't the first time we've seen it.  The SOTU response earlier this year showed the exact same dynamic.  It was so full of online buzzwords and nods to various conspiracy theories that the average person was left wondering "what the fuck are they talking about?".

We're going to continue to see this.  Because the Republicans have lost the narrative.  They haven't just lost it; the narrative has a three-day head start on them.  The narrative has friends in every town and village from here to the Sudan.  It speaks a dozen languages, knows every local custom.  It'll blend in, disappear.  The Republicans will never see it again. 

image.png.5ccd072b3634e5276521d47fbf352598.png

  • Haha 1
Link to comment
Share on other sites

What a kick Bidenomics has turned out to be:

Morgan Stanley is commending “Bidenomics” at a crucial time, crediting President Joe Biden’s policies for the state of the U.S. economy as Biden continues his quest to sell a skeptical public on his economic agenda. 


What You Need To Know

https://www.ny1.com/nyc/all-boroughs/news/2023/07/24/morgan-stanley-credits--bidenomics--
  • Morgan Stanley is commending “Bidenomics” at a crucial time, crediting President Joe Biden’s policies for the state of the U.S. economy as Biden continues his quest to sell a skeptical public on his economic agenda
  • The major investment bank and financial services company now projects 1.9% gross domestic product growth in the first half of this year as opposed to the previous estimate of 0.5%
  • Morgan Stanley’s chief U.S. economist Ellen Zentner wrote the Infrastructure Investment and Jobs Act – legislation Biden signed in Nov. 2021 that was a major piece of his agenda – is creating a “boom” in infrastructure and strengthening manufacturing construction
  • An CNBC All-America Economic Survey released last week found just 37% of Americans said they approve of Biden's handling of the economy. 
  • Drool 1
Link to comment
Share on other sites

800k new manufacturing jobs

A manufacturing boom has swept across the country in President Biden's 2½ years in office, with the South and Mountain West — including several red states — having especially strong growth, according to Bureau of Labor Statistics data.

Why it matters: The U.S. economy has added some 800,000 manufacturing jobsnationwide, a figure Biden hopes will boost his claim to have delivered on his promise to be a president — and create jobs — for all Americans.

https://www.axios.com/2023/07/23/south-mountain-west-manufacturing-boom-biden

 

 

 

  • Like 1
Link to comment
Share on other sites

Someone explain it to me like I'm 5. Inflation rates have been going down consistently for a while. And as we've seen over half of current inflation is corporate profits, so what does this do? Are they trying to torpedo the economy? 
 
They told us they were going to give us two more rate hikes and by-golly they're going to stick with it. Nevermind that the hikes might not be the reason that inflation has come down.
Link to comment
Share on other sites

It sucks having an aggressive dog.  Some good friends adopted a dog from their local animal shelter that had been abused.  She was a large mutt and did not like men so I always had to be super careful around her and was always on edge that she was going to try to eat me one day.  They finally gave her to one of their parents where she could run around outside all day in the country and not encounter people very often.  She is much happier now and I can sit on their couch again without fearing for my life.

Link to comment
Share on other sites

1 hour ago, Longhorn_Fan68 said:

Someone explain it to me like I'm 5. Inflation rates have been going down consistently for a while. And as we've seen over half of current inflation is corporate profits, so what does this do? Are they trying to torpedo the economy? 

 

Some economists have been saying that the last bit of inflation “will be sticky” and “hard to deal with”. According to them, we’re just now reaching the difficult phase in lowering inflation to the 2% goal.

  • Hook 'Em 1
Link to comment
Share on other sites

2 hours ago, kevwun said:

 They finally gave her to one of their parents where she could run around outside all day in the country and not encounter people very often.  She is much happier now and I can sit on their couch again without fearing for my life.

I laughed. I'm sure in this case the dog really is in the country, but that's the go-to line for generations about having to break the news to the kids that the dog is "gone". My mom told us a Chow we had as a kid went to live on a big farm of someone the vet knew. Now he has with lots of space to run around!

Link to comment
Share on other sites

2 hours ago, Voldemort86 said:

Some economists have been saying that the last bit of inflation “will be sticky” and “hard to deal with”. According to them, we’re just now reaching the difficult phase in lowering inflation to the 2% goal.

What a genius prediction.  "We're currentlly at a number close to historical means, it could be difficult to drive inflation down towards historical lows."

Link to comment
Share on other sites

They can also deploy changes to reserve requirements and open market operational oversight.  Those usually worry consumers and equity markets when spoken about so close to serious recession talk.  But since our publicly traded banks are making record profits, reserve requirement tinkering and discount window activity shouldn't make for that spooky of a fireside chat.  If the goal is 2.0%, and we fall short at frictional plus some pent-up spending still looming in the clogged pipelines, I think we can soft-land at 2.5% and all live with that for awhile.  

Link to comment
Share on other sites

Not a Dow Jones guy but some on this board think it’s very important. They just aren’t here right now to tell everyone

Dow Notches Longest Winning Streak Since 1987

Stocks finish the day mixed after the Federal Reserve’s latest interest-rate hike

https://www.wsj.com/articles/global-stocks-markets-dow-news-07-26-2023-26888502

  • Hook 'Em 1
Link to comment
Share on other sites

2 hours ago, Js1 said:

What’s also significant is the economic growth predicted upwards from modest to moderate.

Link to comment
Share on other sites



×
×
  • Create New...