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Amused to Death posted:I don't know, I'd actually say Yale is pretty liberal from living next to it for two decades. Not socialism for the masses liberal, but liberal enough to at least decently fit in in a city that doesn't have a single Republican on the city assembly. Got to admit, my opinion isn't super well informed. I'm mostly going off my impression of Yale and Harvard business school and the people that seem to come out of there and of course the class that generally can afford to attend. Plus, you know, Larry loving Summers and G W Bush. But yeah, I have no idea what they're actually like so I'm just talking out my rear end really.
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# ? Sep 19, 2012 17:31 |
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# ? May 10, 2024 10:39 |
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800peepee51doodoo posted:I finally get to contribute! Got this from my girlfriend's dad and I think its the first liberal email forward I've ever seen, even though I'm sure its just a right wing email with some stuff changed around: Former LA Times political cartoonist Steve Greenberg did something sort of similar today: Democrats It's hilarious for how black-and-white it tries to make things.
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# ? Sep 19, 2012 17:36 |
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800peepee51doodoo posted:Got to admit, my opinion isn't super well informed. I'm mostly going off my impression of Yale and Harvard business school and the people that seem to come out of there and of course the class that generally can afford to attend. Plus, you know, Larry loving Summers and G W Bush. But yeah, I have no idea what they're actually like so I'm just talking out my rear end really. Business schools aren't really representative of the whole place but you're absolutely correct that old money business schools like Harvard and Yale are strongly right wing places. Amused to Death if you have enough money for a bumper you have enough money to pull yourself up via the rest of the car and ditch the socialist phone.
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# ? Sep 19, 2012 17:37 |
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Gourd of Taste posted:Amused to Death if you have enough money for a bumper you have enough money to pull yourself up via the rest of the car and ditch the socialist phone. Seriously. What are you doing getting government assistance if you've still got a car to put bumper stickers on. Get rid of the car and then maybe I'll think you might possibly deserve a pittance of help; but only if you've got a job.
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# ? Sep 19, 2012 17:42 |
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800peepee51doodoo posted:Got to admit, my opinion isn't super well informed. I'm mostly going off my impression of Yale and Harvard business school and the people that seem to come out of there and of course the class that generally can afford to attend. Plus, you know, Larry loving Summers and G W Bush. But yeah, I have no idea what they're actually like so I'm just talking out my rear end really. Business schools are definitely always going to tilt more conservative than most. In general though Yale both in students and faculty, even their news, tends to give off a liberal vibe. Of course I could be talking out my rear end as well since I've never gone to Yale, but I think being liberal holds true for most universities, I think it might even be more pronounced among the Ivy league. Yale though, its faculty and students also have the weird position though of New Haven essentially being a city inside a university. There is absolutely no way for the university or its people to isolate themselves from the masses of poverty stricken people in New Haven. Everyone is forced to interact downtown and around the city, which at least gives people perspective. Yale is pretty aware of this fact too. They spent most of their history not really interacting with the city in any meaningful way, of course as New Haven like many cities began to fall apart in the 70's and 80's this began to boil over. Mass protests from city residents who worked there started to happen and eventually they were allowed to unionize back in the 80's. Yale also began to realize anger was still simmering especially in regards to their property acquisitions and tax status and that other Ivy League universities weren't in the middle of a city with an out of control violent crime rate, so Yale began to pour money into improvement projects and activities for the city. Though there's still a lot of simmering anger towards Yale. /New Haven history Gourd of Taste posted:Business schools aren't really representative of the whole place but you're absolutely correct that old money business schools like Harvard and Yale are strongly right wing places. I don't have a bumper I just assume it's magnetic and was going to slap it onto something, even my bike if it would fit somehow.
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# ? Sep 19, 2012 17:46 |
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XyloJW posted:Democrats Those ruthuglican fuckers always running over cyclists!! Where does that light rail go? The train is as long as the town
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# ? Sep 19, 2012 17:47 |
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Got this on Facebook.quote:U.S Economy and how it will effect you one day: QE3. I'm really not good with this stuff but I thought the printing money thing was bullshit, right?
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# ? Sep 19, 2012 18:06 |
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Yes, we're not just printing tons of money to pay off bills. First off, it's rather modest amounts, I wish the FED would do something to cause more inflation, inflation is very low right now and that's with two past rounds of QE. The FED is just trying to free up liquidity on financial markets that basically already exists by buying up some assets in an area that is still causing troubles and hoping it means financial institutions will be less worried about possible defaults and will loan out more. And yeah, they are trying to create some inflation. Inflation is good. You can't have some steady state economy where inflation or deflation never happens, and inflation is a hell of a lot better than deflation. It gives massive companies more reason to invest the piles of cash they're sitting on. It also makes debt easier to pay off, and the main financial instrument of most Americans, including the person who probably posted that, is debt. Considering there's already two rounds of QE though, ask him if the price of cars has jumped 25% in the past year? e: Inflation is a hell of a lot better than deflation, not inflation. Amused to Death fucked around with this message at 18:41 on Sep 19, 2012 |
# ? Sep 19, 2012 18:14 |
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800peepee51doodoo posted:Right, and it's not like Harvard and Yale are bastions of leftist thought, either. Its just rah rah go team cheerleading stuff. Good things liberal, bad things conservative. The email lists venture capitalists in the good column of things liberals get to keep ffs. They're things that conservatives presume would never be aligned with the left and think represent their values.
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# ? Sep 19, 2012 18:16 |
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This morning, before I went out on an errand, I asked my dad if he was worried about how Mitt Romney's being tight-lipped about his economic plan. I just came back from that errand and he presented me with a print-out of this blog post, which he'd copy-pasted into Word. He put a quote he considered especially relevant up at the top; I'll bold it below:quote:The “insufficient detail” critique of the Ryan budget He also showed me a graph that the Heritage Foundation, which I screen-shotted: Thoughts? Pththya-lyi fucked around with this message at 18:36 on Sep 19, 2012 |
# ? Sep 19, 2012 18:32 |
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Yes, let's change this graph around to show all taxes because many conservatives live in a fantasy world where only federal income taxes exist. Not to mention many people who are convinced they pay federal income taxes in fact don't. You know, crazy theory, maybe if the bottom 50% of the nation controlled more than 2.5% of the nation's wealth, they'd pay more than 2% in income taxes. Amused to Death fucked around with this message at 18:40 on Sep 19, 2012 |
# ? Sep 19, 2012 18:35 |
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Amused to Death posted:Yes, we're not just printing tons of money to pay off bills. First off, it's rather modest amounts, I wish the FED would do something to cause more inflation, inflation is very low right now and that's with two past rounds of QE. The FED is just trying to free up liquidity on financial markets that basically already exists by buying up some assets in an area that is still causing troubles and hoping it means financial institutions will be less worried about possible defaults and will loan out more. Thanks, I'll use this.
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# ? Sep 19, 2012 18:36 |
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Amused to Death posted:Yes, let's change this graph around to show all taxes I showed it to Dad. He finds the findings "completely implausible" and wonders "how they found those conclusions." He also speaks disparagingly about CTJ, and was surprised by the notion that the Heritage Foundation is anything but respectable! EDIT: But he went on to look at an OECD report about tax progressivity measures, and admitted that the finding appears to be correct, or in his words "not complete garbage." Progress! Pththya-lyi fucked around with this message at 18:45 on Sep 19, 2012 |
# ? Sep 19, 2012 18:42 |
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Pththya-lyi posted:I showed it to Dad. He finds the findings "completely implausible" and wonders "how they found those conclusions." Ask him what world he lives in where payroll, sales, state income, and other taxes don't exist? Because the Heritage Foundation's graph specifically states only federal income tax. I mean they're being honest in their bias. e: He trusts the OECD but not CTJ? I find that kind odd given the feelings most conservatives have to international organizations. I mean most didn't care about the WHO rating our health care system at #37. e2: If he trusts the OECD to some extent, maybe you should show him this. It's from the NYT, but all they're doing is publishing a report of OECD data Amused to Death fucked around with this message at 18:53 on Sep 19, 2012 |
# ? Sep 19, 2012 18:46 |
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Amused to Death posted:Yes, we're not just printing tons of money to pay off bills. First off, it's rather modest amounts, I wish the FED would do something to cause more inflation, inflation is very low right now and that's with two past rounds of QE. The FED is just trying to free up liquidity on financial markets that basically already exists by buying up some assets in an area that is still causing troubles and hoping it means financial institutions will be less worried about possible defaults and will loan out more. I just had a different friend respond. I guess the idea of a modest amount is subjective to him. I figured the last two rounds would be enough to show restraint. quote:Without getting in to an online debate, (as I'd much rather go and visit you and have this conversation in person) there were a few things you said in that comment that are highly subjective. A "modest amount" relative and compared to what, exactly? And relative to and compared to what are you saying that inflation is "very low" right now? Additionally, you said they are "HOPING it means financial institutions will be less worried about possible defaults and loan out more." I don't know... Anyway, yes, inflation is necessary but an UNCAPPED ability (and intent) to simply print more and more money to add to the system is a very, very bad thing. We can say that it isn't all that bad RIGHT NOW, but RIGHT NOW isn't the focal point as much as what is coming is or at the very least what they are making themselves CAPABLE of bringing on. Unchecked, uncapped, limitless, etc... those are VERY bad terms when it comes to the government. Aeka 2.0 fucked around with this message at 19:07 on Sep 19, 2012 |
# ? Sep 19, 2012 18:56 |
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Except there is a cap. $40 billion a month. Despite what he thinks, economists are not out to ruin the economy. Also we can compare it to the actual economy. The US economy is $15.6 trillion in GDP right now. That's around $1.3 trillion a month and growing. $40 billion is pittance of that(in fact it's around 3%, and it's not money that is being directed injected into consumer spending or even borrowing either), just because it's a large number to him doesn't actually make it a large number in term of the size of things we're dealing with here. Inflation is low as compared to the relative cost of items on the consumer price index. If he has problems with the CPI as many people do, that's legitimate. Saying inflation is high because we're 'printing money' and gas is up is not legitimate.
Amused to Death fucked around with this message at 19:11 on Sep 19, 2012 |
# ? Sep 19, 2012 19:08 |
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Thanks. On a side note does anyone have that article about businesses waiting for bills that are locked in congress so they can start investing?
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# ? Sep 19, 2012 19:40 |
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I've been lurking in this thread for a while and probably the most common topic I keep seeing is the demonizing of welfare recipients/poors and ARE TAXES!!! My googlefu is kind of escaping me today, but does anyone have any solid statistical data that shows an increase of federal income taxes (particularly on the poor and middle classes) during the Obama and Bush administrations, or even older, that would suggest more is being spent on Welfare programs?
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# ? Sep 19, 2012 19:48 |
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Those clowns at the fed dont know dick all about inflation or its effects. Good thing this email forward is there to straighten em out
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# ? Sep 19, 2012 19:50 |
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Amused to Death posted:Yes, let's change this graph around to show all taxes because many conservatives live in a fantasy world where only federal income taxes exist. Not to mention many people who are convinced they pay federal income taxes in fact don't. Also, income =/= wealth since the latter includes assets outside of money (and possibly capital gains depending on how they're measuring income). If you measure against that, the numbers would probably be even more skewed.
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# ? Sep 19, 2012 20:20 |
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Aeka 2.0 posted:The federal government can continue to inject more money for an unlimited amount of time thus resulting in lowerng the value of the U.S currency at an unlimited rate. They can already do this any time for as long as they want Also, from what I can tell, the current supply of dollars in the world is around $15T. In order to increase that 33% ($30k car -> $40k car), the Fed would have to "print" $5T. At $40B a month, this would take 10 and a half years.
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# ? Sep 19, 2012 20:36 |
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Aeka 2.0 posted:Thanks. I'm only finding stuff from 2010, a la this. There's more than a handful of article about business hoarding cash for the last couple years, like this (I know, it's also from the same time period and I'm not getting a subscription to WSJ to so I can see the full article).
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# ? Sep 19, 2012 20:36 |
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ChompOnThis posted:I've been lurking in this thread for a while and probably the most common topic I keep seeing is the demonizing of welfare recipients/poors and ARE TAXES!!! My googlefu is kind of escaping me today, but does anyone have any solid statistical data that shows an increase of federal income taxes (particularly on the poor and middle classes) during the Obama and Bush administrations, or even older, that would suggest more is being spent on Welfare programs? I'm not sure what you're looking for exactly. Federal Income Taxes on poor and middle class are down since Bush took office, and for 2009-2010 they were even lower under Obama. And I'm not sure how an increase in taxes translates to an increase in welfare programs. There has been an increase in use pretty much every welfare program in the US since 2007: Unemployment Insurance Food Stamps TANF (Welfare) Social Security Disability Insurance Medicaid All of it has increased; but all of them have increased in response to the Recession, which is what you would expect. More people are economically depressed, more people need to draw on social programs to get by.
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# ? Sep 19, 2012 20:45 |
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Amused to Death posted:Ask him what world he lives in where payroll, sales, state income, and other taxes don't exist? Because the Heritage Foundation's graph specifically states only federal income tax. I mean they're being honest in their bias. Got another rah rah MY SIDE! image to show up in my feed. I love the JPG artifacts (Rehosted, but I confirmed they're in the original image)
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# ? Sep 19, 2012 20:55 |
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One of my conservative friends just posted this beauty:quote:An ode to QE3 I'm pretty sure he wrote it himself. Very inspiring.
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# ? Sep 19, 2012 21:42 |
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So this ended up being too big to screencap, and it was on Facebook. I hope it can find a home here.I have no idea posted:I stole this but what needs to happen this is what should be spreading like wildfire not the next media gossip. We watched high school principal Dennis Prager of Colorado, along with Sara Palin and Tom Brokaw on TV a couple of weeks ago, what a dynamic, down to earth speaker. Even though Palin and Brokaw were also guest speakers they did little but nod and agree with him. This is the guy that should be running for President in 2012! Sorry about the wall of text, but this really irritated the poo poo out of me.
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# ? Sep 19, 2012 22:14 |
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I don't understand why "printing money" means the money that's already out there becomes less valuable. I'm not saying that isn't the case, just that I don't understand it. Why should I care if billions more dollars exist? What does that do to the stack of dollar bills I may already have? Also I don't understand "printing money", I mean where does it go? Do they just fill up planes and drop it over cities? I've never seen any falling bills...Something with buying back securities or something? This stuff is hopelessly complex
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# ? Sep 19, 2012 22:20 |
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Call me fanatical or a conspiracy theorist but Obama’s recent executive orders sound like just what Hitler did to take complete control of Germany!! Read them below: *EO 13603 allows the President to “nationalize” all private assets, country’s industrial and technological base, and critical resources. Kugyou no Tenshi posted:Which is in line with the Defense Production Act, a law that has existed for 62 years. *EO 13618 allows the government to take over the nation’s communications assets. Kugyou no Tenshi posted:An update of EOs issued by Reagan. *EO 10997 allows the government to take over all electrical power, gas, petroleum, fuels, and minerals. *EO 11000 allows the government to mobilize civilians into work brigades under government supervision *EO 11002 designates the Postmaster General to operate a national registration of all persons. *EO 11003 allows the government to take over all airports and aircraft, including commercial aircraft. *EO 11004 allows the Housing and Finance Authority to relocate and establish new locations for populations. *EO 11005 allows the government to take over railroads, inland waterways, and public storage facilities. Kugyou no Tenshi posted:I was not aware President Obama's real name was "John F. Kennedy". That is a heck of a lot of power given to the government which it should not have and most definitely is not constitutional!!!
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# ? Sep 19, 2012 22:35 |
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myron cope posted:I don't understand why "printing money" means the money that's already out there becomes less valuable. I'm not saying that isn't the case, just that I don't understand it. Why should I care if billions more dollars exist? What does that do to the stack of dollar bills I may already have? Money is used as a means of exchange and follows the economic principles of supply and demand like other goods and services. If the supply of dollar bills increases enough, the relative value of each dollar decreases. To use a simplified example, let's say there are 100 $1 bills in existence. $1 can buy you a loaf of bread from the store. Now the government puts another 100 $1 into the economy by printing that money. With more money in the economy, demand for bread increases, but the supply of bread hasn't changed. The price of bread goes up as a result to the new equilibrium price, and the relative value of $1 goes down: before $1 could buy you a loaf of bread, now it buys you half a loaf of bread. This is a very simplified example and a lot more plays into inflation and money supply than that, but that covers the basic premise well enough I feel. Inflation caused by an increased money supply devalues the currency that already exists. It's important to keep in mind this doesn't just impact bread prices though: if the price of bread goes up, wages would probably also be inflated as a result, which means the relative value of a persons savings goes down but the relative cost of their debts also goes down. Owing $1 to your friend when there are 100 in the market is more costly in real terms than when there are 200 in the market. quote:Also I don't understand "printing money", I mean where does it go? Do they just fill up planes and drop it over cities? I've never seen any falling bills...Something with buying back securities or something? This stuff is hopelessly complex Quantitative easing involves a central bank using newly created money to buy long-term assets from commercial banks. This puts more money in the commercial banks reserves, and commercial banks want to not sit on more money than they have to, so they are more willing to extend credit and loans out to businesses, home buyers, etc.
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# ? Sep 19, 2012 22:57 |
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Admiral Bosch posted:So this ended up being too big to screencap, and it was on Facebook. I hope it can find a home here. If it makes you feel any better, its not real. Dennis Prager is a conservative radio host who has never been a Principal at any school. This is just a wet dream he wrote up of things he would say if he were a Principal. Fortunately, the content makes it clear why he would never actually be chosen to be a Principal at any school. Plus it shows a deep misunderstanding of how schools function. The Principal can't just toss out sex ed, those kinds of things are decided by elected school board members at the district level.
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# ? Sep 19, 2012 22:57 |
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Admiral Bosch posted:So this ended up being too big to screencap, and it was on Facebook. I hope it can find a home here. Dennis Prager? The talk show host? When did he become the principal of a high school? Oh wait. That poo poo is super aggravating because it just reeks of privilege. Oh you think you have some sort of "identity" that shapes your experiences in the world? Haha not here buddy. I don't care if you're black, brown or yellow as long as you pretend that this has nothing to do with how you are treated. Oh you're gay? Big deal, shut up about it and maybe you won't get constantly bullied and harassed. See the real reason that racism exists is because you minorities just keep yammering on about it. The part about getting rid of politics is just utterly amazing hypocrisy. See, politics to Prager is anything he doesn't like and his beliefs are just The Way Things Are. The whole thing is just a bald assertion that white culture is the default culture and right wing politics are the default policies and any deviation is a wrong-headed perversion that will destroy America. And the guy is a Jew who speaks and writes extensively about Jewishness and Judaism and generally has his identity tied up around being super Jewish. But I guess that's not identity politics when he does it. Gah, sorry for the rant but this just got me. I used to listen to his show many years ago because he used to be a really mellow and reasonable conservative. I even had some arguments with him via email that were always polite and good natured but somewhere along the line he got tied up in some culture war nonsense and went way off the deep end.
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# ? Sep 19, 2012 23:07 |
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Admiral Bosch posted:So this ended up being too big to screencap, and it was on Facebook. I hope it can find a home here. I imagine the people complaining about "Everyone gets a trophy " going to a park, seeing kids frolic and play, and fume that more of them aren't being ground into the dust by life. As a recipient of many participant medals, I can say that no one gets puffed up by them. Also, kids care more about what their peers think than their teachers, coaches, or parents. Those peers still care when you lose the ball or miss the goal, even at a no-stakes gym class or intramural game where the coach is barely bothering to keep score. So there's no need to sit in your den after a hard day's work and give yourself an aneurism about not enough kids are being called fags or told they suck, because they are.
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# ? Sep 19, 2012 23:20 |
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Mo_Steel posted:Money is used as a means of exchange and follows the economic principles of supply and demand like other goods and services. If the supply of dollar bills increases enough, the relative value of each dollar decreases. Thanks! Those actually made sense.
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# ? Sep 19, 2012 23:21 |
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However, the result is only inflationary if the bakers decide to respond to increased demand by raising prices instead of by baking more bread. If the supply of bread increases along with the demand, the price will remain the same.
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# ? Sep 19, 2012 23:28 |
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Juffo-Wup posted:However, the result is only inflationary if the bakers decide to respond to increased demand by raising prices instead of by baking more bread. If the supply of bread increases along with the demand, the price will remain the same. Its really a marginal utility of the dollar thing. Lets take a super extreme example and say that the government printed a bunch of dollars and gave everyone $200M. Who would work for Walmart at $15000 a year when they have that much money? No one. But if they started paying $25M a year, they would get employees, but they'd have to start selling socks for $100,000 to afford it. But that's ok, cause everyone else would have tons of cash, and other employers would be doing the same thing. In the end, everything you bought would just have a bunch more 0's in the price, and so would your paycheck. And the result is that each individual dollar is worth less (and worthless) because a single dollar could buy less than an individual penny can buy now. Which is already nothing.
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# ? Sep 20, 2012 00:30 |
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Cardboard Box A posted:Call me fanatical or a conspiracy theorist but Obama’s recent executive orders sound like just what Hitler did to take complete control of Germany!! Read them below: Wrong thread?
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# ? Sep 20, 2012 00:31 |
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Admiral Bosch posted:So this ended up being too big to screencap, and it was on Facebook. I hope it can find a home here. No instruction in languages other than English? How, pray tell, in this idiots fantasy world are foreign languages are to be taught? Also, no anti-smoking or bullying (since I consider sexual harassment in schools to be a form of bullying) lessons? No, no, these are not public health issues, no. Just liberal whining yeah. And he thinks people outside of high school actually give a poo poo about class rank and valedictory awards?
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# ? Sep 20, 2012 01:09 |
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Also keep in mind that not everyone wants to buy bread. Perhaps someone would rather have the more expensive / higher quality X instead of bread, now that they can afford it. Or maybe they are already satisfied and just save the extra income, or don't see any of that increased money supply at all and are now priced out of bread. Any number of situations can arise. Cause and effect in econ can get pretty vague, especially since it's nigh impossible to do controlled experiments in a realistic setting. This leads to assumptions and model simplifications like "assuming all people are rational..."
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# ? Sep 20, 2012 01:55 |
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Admiral Bosch posted:So this ended up being too big to screencap, and it was on Facebook. I hope it can find a home here. There's a lot of horse poo poo in there, but one of my favorites is "I will not authorize clubs that divide students based on any identities. This includes race, language, religion, sexual orientation or whatever else may become in vogue in a society divided by political correctness." I am in love with the idea that these divides only exist because of the bogeyman of political correctness. Certainly no one has ever enslaved another because of race, persecuted someone because of their religion, or committed violence because of sexual orientation. Nope. It's all the libs' fault. Also at instituting a formal dress code for school to be more in line with Hollywood galas. Hope everyone has their tuxedo pressed!
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# ? Sep 20, 2012 02:17 |
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# ? May 10, 2024 10:39 |
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Boxman posted:There's a lot of horse poo poo in there, but one of my favorites is "I will not authorize clubs that divide students based on any identities. This includes race, language, religion, sexual orientation or whatever else may become in vogue in a society divided by political correctness." I am in love with the idea that these divides only exist because of the bogeyman of political correctness. Certainly no one has ever enslaved another because of race, persecuted someone because of their religion, or committed violence because of sexual orientation. No that your not enslaved because of your race, WHY DO YOU KEEP BRINGING IT UP!?!?!?
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# ? Sep 20, 2012 02:31 |