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skinnercitycyclist's avatar

The crowd started booing immediately, does anyone think they actually knew the Fed had lowered rates by half a point? They were booing the idea of a rate cut at all, then jumped onto Vance's caboose as he claimed the rate was too modest.

They really don't know a fucking thing.

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Spleen Victoria's avatar

It is natural for MAGA to boo interest rate cuts. If interest rates are cut, people will not be inclined to invest in alternative currencies such as CrypTrumps, and then how will they get rich enough to be harmed by billionaire taxes imposed by filthy Demonrats. Hmmm?

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NH is for πŸ¦‘πŸ„πŸ's avatar

As someone with a father who is an economics professor, I know that economists are absolutely full of shit. In the most loving way possible.

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skinnercitycyclist's avatar

Telephone repairmen, too!

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defpac's avatar

Not linking to it, because nobody should interact with his twitter account.

@markrobinsonNC:

"I wanted to take a minute to address the latest outrageous lies coming from my opponent’s dishonest campaign: #ncgov #ncpol"

My reply:

Thank you Sir, you are doing God's work.

Your courage will make sure that NC ends up with a competent not-crazy governor, and that Trump has no road to the White House.

😍😍😍😍πŸ₯°πŸ₯°πŸ₯°πŸ₯°πŸ˜πŸ˜πŸ˜πŸ–•

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skinnercitycyclist's avatar

That's some fine trolling, son.</chiefwiggum>

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defpac's avatar

You are welcome. arrrrrr

Now I wanted to make a joke about me doing God's work, too. Or maybe Satan's contribution ... but alas, the English title of "The Cider House Rules" is "The Cider House Rules".

(for whatever reason, that book by John Irving is (literally translated) called "God's work, and Satans contributions" in Germany)

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skinnercitycyclist's avatar

LOL, ach, Gott, "Gottes Werk und Teufels Beitrag"! Das habe ich nicht früher gewußt, danke!

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Anzu's avatar

I keep having to explain to people that the vast majority of undocumented immigrants in this country came here legally at first, and their paperwork lapsed, and re-upping it is a pain in the fucking ass and by law they usually have to go back home to do it - and plane tickets are expensive. So most of them will stick around after their paperwork has expired to finish up whatever it is they are doing before forking out the cash to go home.

The example I give is the Japanese kid who needed 1 more class to graduate, so he stuck around for an extra summer after his student visa ran out. Visa ran out on May 31st, classes started May 28th so he was legal when class started, but not when class ended 8 weeks later. He finished up in July, collected his degree in August, and then went home. Didn't get anything more than a "tut tut" from Japanese customs. The US doesn't care if your stuff expired and you are voluntarily leaving; they just won't let you back in til its fixed!

(The other option would have been flying home to Japan, renewing his student visa, waiting some length of time, flying back to the US, and then flying back to Japan a third time. Possibly the local consulate could have finagled an extension for him, but I'm not sure about how they handle stuff like that.)

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Mike_Cramer's avatar

A couple of days ago my MAGAt father was ranting about the price of a can of Spam. He blamed "Bidenomics" and, somehow, environmental regulations.

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skinnercitycyclist's avatar

Not politics, but when I was at the supermarket buying soy sausages the other day I noticed that there is now such a thing as "vegan Spam." It is not called that, but by the picture on the box it is clearly meant to evoke Spam.

Bloody Vikings.

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NH is for πŸ¦‘πŸ„πŸ's avatar

Don’t let him forget Obama and his tan suit.

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skinnercitycyclist's avatar

The one with dijon mustard shot-spots on the lapels?

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el duderino's avatar

Don’t cut rates a half point when only a full point will do. No more half measures

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Eos_explorer's avatar

Beautifully written! Who needs Bloomberg or MarketWatch or any of those losers? "...so yesterday’s slight downward closing may simply reflect the market having a post-orgasmic cigarette..." Explains the doings of the market herd animals so poetically. And precisely.

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Bagels of Doom's avatar

"The Dow shot up right after the announcement, but then lost ground, closing .25 percent lower than the day before"

EVERYBODY PANIC !!!1!1!!

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Dorothea is a Democrat's avatar

V D Jance is a craven liar. Proud of it too. He said he would continue to call the legal Haitian refugees in Springfield, illegal aliens because he wants to.

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Darrell Leland's avatar

"And now let's hear from this dour old economist in a suit from the fifties who is grumpy and smokes cigars. So tell us, grumpy old economist, why is everything bad?"

"Prmph. Hrumph humph! Frmph prmmph blurf! Grawflrmph blumph MAGA blrmph."

Thank you very much grumpy old economist. "

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AdmNaismith's avatar

Spare me Wall Street traders- these people are upset when people have jobs, when they don't have jobs, when interest rates are high, when they are low, or just when they might move.

These guys know less than a dart thrown at a list of companies on the Stock Market, but for some reason they control our retirements.

>gah!<

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Vic's avatar

MAGATs don't understand any of this.

And, in the lineage of Ronald Reagan, they are proud of their ignorance.

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Gary Seven in Space's avatar

Fuck Ted Cruz

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SunMoonStars's avatar

This does nothing to control corporate greed and unfettered capitalism. Corporate america now has lower interests rates to spend their millions and billions on buying more elections, stealing real estate, buying the house you lost to buy more houses, yachts, cars....

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Whale Chowder's avatar

Interest rate policy isn't intended to regulate corporate greed, it's a way to balance the economy. You're thinking of...regulation.

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SunMoonStars's avatar

Yes I know but corporate america is always in the middle of it. Just frees up more money for them to spend while housing is not affordable but only to rent to the hedge fund assholes.

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Herr Snackmeier's avatar

Your CTA buttons are always hilarious! The button this article gives me the comeback I've needed for years. Thank you!

When my brother next intones that "taxation is theft," I will retort, joyfully, "... and money is imaginary!"

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