Biden Presidency

[drayer54]

One of the things ARPA did that will pay big dividends is streamline and codified funding sources for money that would otherwise have been dealt out via sporadic and capricious Congressional spending bills. Particularly with mega projects, this made planning and funding an inefficient nightmare. ARPA aimed to fix that system. A lot of people might be surprised to find out it wasn't one-time money printing but a replacement of a piecemeal funding system.

I'm a mayor of a town that got $2,000,000 in ARPA funding. We've spent about $30,000 so far. Most of the projects funded by ARPA aren't even happening until 2023-2026.

So LOL at anyone who wants to blame ARPA for inflation. Get a clue.

LOL- only Fox News fudds, Tacos, and hillbillies would buy into that.

 

[BilboBaggins]

LOL- only Fox News fudds, Tacos, and hillbillies would buy into that.

I would be really interested in reading that article. He conveniently doesn't link it. I even googled the paragraph verbatim and instead of getting the article I got The Blaze and other conservative shitholes citing the tweet that doesn't give an article link or title. Huh..

This isn't complicated stuff, the amount of money injected into the economy was predominantly via the CARES Act, whereas a large chunk of the ARPA **hasn't been spent yet**. Someone would have to be a fucking moron to not understand that it takes time for infrastructure projects to go from the federal government, to the state governments, to be awarded to local governments to hire contractors. We have a $500,000 in commercial demolition via a grant that was awarded last week, a $1.2 million sewer project that goes out to bid in August/September. You can repeat this scenario from sea to shining sea. So I'll call BS on any person even citing a $1.9 trillion figure as spent stimulus... it simply hasn't even happened yet. That's why the time frame for the ARPA local government disbursements is 2026, for example.

But I'd love to read that article if you can find it.

 

[TorontoGold]

I would be really interested in reading that article. He conveniently doesn't link it. I even googled the paragraph verbatim and instead of getting the article I got The Blaze and other conservative shitholes citing the tweet that doesn't give an article link or title. Huh..

This isn't complicated stuff, the amount of money injected into the economy was predominantly via the CARES Act, whereas a large chunk of the ARPA **hasn't been spent yet**. Someone would have to be a fucking moron to not understand that it takes time for infrastructure projects to go from the federal government, to the state governments, to be awarded to local governments to hire contractors. We have a $500,000 in commercial demolition via a grant that was awarded last week, a $1.2 million sewer project that goes out to bid in August/September. You can repeat this scenario from sea to shining sea. So I'll call BS on any person even citing a $1.9 trillion figure as spent stimulus... it simply hasn't even happened yet. That's why the time frame for the ARPA local government disbursements is 2026, for example.

But I'd love to read that article if you can find it.

Don't wait up for any follow up, #1 et al are still processing the Biden molested his daughter details. Funny enough, I checked out Breitbart/Infowars/Blaze/Red State and couldn't find anything on that story either.

Guess those sites are part of the MSM cover up too.

 

[BilboBaggins]

Don't wait up for any follow up, #1 et al are still processing the Biden molested his daughter details. Funny enough, I checked out Breitbart/Infowars/Blaze/Red State and couldn't find anything on that story either.

Guess those sites are part of the MSM cover up too.

Right, I'm not saying it doesn't exist. I'd just like to read it. My attention span lasts longer than what is in a tweet so I'd like to read for full context.

But I'm also aware that the conservative propaganda machine, confirmed by a number of ex-Fox News employees, is to conjure up a BS story on a platform that can't easily be fact checked, and then have the following day's news cycle cite that story (thus creating the illusion of legitimacy) before it can ever be vetted. Then end the day with opinion polls or "people are talking about..." said BS story and subtly/brilliantly switch the story from the original BS to the opinions people have based on a story that may or may not even be true. This playbook has been done 100,000 times in the bubble.

Is that what is going on here? I just think it's weird that I can't find it and that he doesn't link the article or mention the title. I *think* it's from Mike Wilson, the CIO at Morgan Stanley, but I can't verify that.

Also pretty weird that whether the website is The Blaze or any of the other bullshit factories, the story citing the tweet are word-for-word the same. Literal copy-and-paste bullshit factories.

 

[Irish#1]

Don't wait up for any follow up, #1 et al are still processing the Biden molested his daughter details. Funny enough, I checked out Breitbart/Infowars/Blaze/Red State and couldn't find anything on that story either.

Guess those sites are part of the MSM cover up too.

The size of the cross on your shoulders. God bless you.

 

[drayer54]

It is from Mike Wilson at Morgan Stanley in an investor report from May. I‘ve shared things related to Hunter because it links to Joe, but never the daughter. Unless we find out she was making money off the scheme too.

Larry Summers, a long time conservative from the, :checks notes: Obama Administration even recognized it.

Larry Summers blasts $1.9 T stimulus as ‘least responsible’ economic policy in 40 years

Larry Summers, a top economic adviser to former President Obama, blasted the $1.9 trillion coronavirus stimulus package signed by President Biden earlier this month as the “least responsible” econo…

thehill.com

 

[TorontoGold]

The size of the cross on your shoulders. God bless you.

Tremendous follow up on your previous post, thank you for continuing to dig for the unbiased and unvarnished truth. It's admirable.

 

[BilboBaggins]

It is from Mike Wilson at Morgan Stanley in an investor report from May. I‘ve shared things related to Hunter because it links to Joe, but never the daughter. Unless we find out she was making money off the scheme too.

Larry Summers, a long time conservative from the, :checks notes: Obama Administration even recognized it.

Larry Summers blasts $1.9 T stimulus as ‘least responsible’ economic policy in 40 years

Larry Summers, a top economic adviser to former President Obama, blasted the $1.9 trillion coronavirus stimulus package signed by President Biden earlier this month as the “least responsible” econo…

thehill.com

So do you have that article or nah?

Also the article and the actual video with Larry Summers say different things. The article says "Larry Summers, a top economic adviser to former President Obama, blasted the $1.9 trillion coronavirus stimulus package signed by President Biden earlier this month as the “least responsible” economic policy in 40 years."

In the video he discusses COVID-19 recovery, fiscal stimulus, the Fed refusing to raise rates, and refers to the years-long situation is "kindling that is now igniting." He then goes on to rip Paul Krugman a new one. Not exactly a "this inflation is the result of ARPA." He is making a fairly broader (and accurate) criticism.

So you'd need to blame a fraction of ARPA for a fraction of the bipartisan stimulus for a fraction of the inflation.

Or as I said a few days ago on here:

Federal Reserve puts about 3% of the inflation (currently at 8%-ish) on the COVID-19 money printing. So you'd really be trying to pin a fraction of this fraction of the inflation on the Biden Administration--oh wait you created a crafty way to frame it "enabled the downward trend to pick up speed." Yeah I've seen a lot of economists say the same thing. /s

Maybe just say a fair thing like "it was a bipartisan creation that probably shouldn't have happened and yeah Trump was all in for it too."

Most of the ARPA spending hasn't even happened yet. For instance my town received, through grants or direct payments, about $2,000,000. About $30,000 of it has been spent. Just saying it's impact is a fraction of that fraction in the blame game.

So if ARPA was, say, 1/3 of total federal stimulus, and only, say, half of ARPA has been spent to date, so 0.5% of inflation is due to ARPA? Is that what we're saying here?

 

[drayer54]

So do you have that article or nah?

Also the article and the actual video with Larry Summers say different things. The article says "Larry Summers, a top economic adviser to former President Obama, blasted the $1.9 trillion coronavirus stimulus package signed by President Biden earlier this month as the “least responsible” economic policy in 40 years."

In the video he discusses COVID-19 recovery, fiscal stimulus, the Fed refusing to raise rates, and refers to the years-long situation is "kindling that is now igniting." He then goes on to rip Paul Krugman a new one. Not exactly a "this inflation is the result of ARPA." He is making a fairly broader (and accurate) criticism.

So you'd need to blame a fraction of ARPA for a fraction of the bipartisan stimulus for a fraction of the inflation.

Or as I said a few days ago on here:


So if ARPA was, say, 1/3 of total federal stimulus, and only, say, half of ARPA has been spent to date, so 0.5% of inflation is due to ARPA? Is that what we're saying here?

Not a public link. 1/3 of total stimulus being everything going back to Trump and the PPP/CARES? The economy was in a different condition then. I think there’s a genuine argument to be made that stimulus when unemployment is high, market is low, consumer spending is low vs where we were in 2021. I don’t think it’s a true 1:1. Plus CPI didn’t respond to CARES the way it did for ARP

 

[BilboBaggins]

Not a public link. 1/3 of total stimulus being everything going back to Trump and the PPP/CARES? The economy was in a different condition then. I think there’s a genuine argument to be made that stimulus when unemployment is high, market is low, consumer spending is low vs where we were in 2021. I don’t think it’s a true 1:1. Plus CPI didn’t respond to CARES the way it did for ARP

You don't know that "CPI didn’t respond to CARES the way it did for ARP" lol you're using your conclusion as an argument to get to...your conclusion.

The Fed has calculated that 3% of inflation is due to stimulus efforts. Full stop. I'll leave the fraction of a fraction of a fraction assessment to you. I'm sure, conveniently, this will be all Biden's fault--despite ARPA not even being anywhere near fully spent--and yeah let's just brush off the larger portion of stimulus and the hundreds of billions of dollars of fraud that went along with it lol

 

[Irish#1]

Tremendous follow up on your previous post, thank you for continuing to dig for the unbiased and unvarnished truth. It's admirable.

My previous post was a reply to 41 that his take IMO was apples to oranges. I appreciate that you thought it was tremendous, but I wouldn't go that far myself.

If your referring to my post on the article that talked about Joe being a pedo, I did say I hope it wasn't true, which is what I meant. If you don't believe that, then that's on you. I also haven't posted any further articles waiting to see if other outlets pick it up. Pretty weird that Hunter would have Joe's name in his phone listed like his does, no?

 

[Irish#1]

You don't know that "CPI didn’t respond to CARES the way it did for ARP" lol you're using your conclusion as an argument to get to...your conclusion.

The Fed has calculated that 3% of inflation is due to stimulus efforts. Full stop. I'll leave the fraction of a fraction of a fraction assessment to you. I'm sure, conveniently, this will be all Biden's fault--despite ARPA not even being anywhere near fully spent--and yeah let's just brush off the larger portion of stimulus and the hundreds of billions of dollars of fraud that went along with it lol

Take away the 3% and inflation is at a more palatable 6%. Not great, but better than the 9.1% just released. I was against the stimulus money as it left the door wide open for fraud. Joe was in such a hurry to please everyone and look good, that they didn't take the time to put the proper checks and balances in place before approving an applicant.

 

[TorontoGold]

My previous post was a reply to 41 that his take IMO was apples to oranges. I appreciate that you thought it was tremendous, but I wouldn't go that far myself.

If your referring to my post on the article that talked about Joe being a pedo, I did say I hope it wasn't true, which is what I meant. If you don't believe that, then that's on you. I also haven't posted any further articles waiting to see if other outlets pick it up. Pretty weird that Hunter would have Joe's name in his phone listed like his does, no?

Right, but you and I both know that if I posted 10 different articles with far out theories that aren't even being spread by some of the most inflammatory orgs there would be a ton of posters rightfully calling that out. I can post whatever garbage the Palmer Report is posting and qualify it with "I hope it's not true" but you know many posters would question my motives if I did that.

The name thing hasn't even been picked up by Fox News yet (based on a really quick Google search admittedly). Once Fox picks it up then I consider it to hold at least some merit. Even OAN/Newsmaxx don't seem to have anything on it.

 

[Irish#1]

Right, but you and I both know that if I posted 10 different articles with far out theories that aren't even being spread by some of the most inflammatory orgs there would be a ton of posters rightfully calling that out. I can post whatever garbage the Palmer Report is posting and qualify it with "I hope it's not true" but you know many posters would question my motives if I did that.

The name thing hasn't even been picked up by Fox News yet (based on a really quick Google search admittedly). Once Fox picks it up then I consider it to hold at least some merit. Even OAN/Newsmaxx don't seem to have anything on it.

It was only one article and I didn't see much of a response to my post, which tells me most were taking the same position of let's wait and see if this has any legs.

 

[drayer54]

The fistbump didn’t even secure us more oil.

Opinion | Biden’s Saudi Arabia Visit Was Worse Than an Embarrassment

The president’s 24 hours in Jeddah were dominated by photos of his fist bump with Mohammed bin Salman. Things went downhill from there.

www.wsj.com

 

[ab2cmiller]

Biden kissed the ring and the Prince told Biden to bend over.

 

[Sea Turtle]

Biden is like that old man in that Bad News Bears sequel who the kids got to show their parents that a coach would be with them on the trip.

 

[Polish Leppy 22]

The fistbump didn’t even secure us more oil.

Opinion | Biden’s Saudi Arabia Visit Was Worse Than an Embarrassment

The president’s 24 hours in Jeddah were dominated by photos of his fist bump with Mohammed bin Salman. Things went downhill from there.

www.wsj.com

Seems like a meeting that could have happened on Zoom and saved a ton of embarrassment and gas money for Air Force One.

 

[Irish#1]

The fistbump didn’t even secure us more oil.

Opinion | Biden’s Saudi Arabia Visit Was Worse Than an Embarrassment

The president’s 24 hours in Jeddah were dominated by photos of his fist bump with Mohammed bin Salman. Things went downhill from there.

www.wsj.com

Even CNN had an article on how embarrassing this was after Joe railed on them. Now he's basically begging for oil. This again from the guy who touted his years of experience dealing with foreign matters.

 

[ab2cmiller]

Now Biden says he has Cancer. This guy is an absolute embarrassment.

 

[drayer54]

Now Biden says he has Cancer. This guy is an absolute embarrassment.

I think he meant to say that he is a cancer.

 

[Bishop2b5]

I think he meant to say that he is a cancer.

I thought he said, "Blessed are the cheesemakers."

 

[Irish2155]

Even CNN had an article on how embarrassing this was after Joe railed on them. Now he's basically begging for oil. This again from the guy who touted his years of experience dealing with foreign matters.

Why would you produce and control the oil market safely, when you can just beg and be made a fool, again, by a foreign leader unsafely?

Why not just produce safely while simultaneously working toward a green objective.

I don’t think anyone is debating any options to move from fossil fuels. It’s the plan (or lack there of) coupled with the price (no pun intended) we’re all paying for the lack this project plan that pisses off Americans, amongst many other things.

This is not a cold turkey cigarette situation. It takes some strategic thought then mapping.

 

[Irish#1]

Now Biden says he has Cancer. This guy is an absolute embarrassment.

I suspect it’s prostate cancer. It’s a extremely slow growing cancer with an extremely high survival rate. I had it myself and elected to have surgery due to my relatively young age at the time. My doctor said most men in their 60’s or older that find they have it do nothing because they will probably die of something else or natural causes before prostate cancer gets them. My liver issue caused by penicillin was far worse for me.

He’s probably going for the sympathy vote.

 

[drayer54]

Our President casually says he has cancer and nobody thinks twice because they know he isn’t competent.

 

[ab2cmiller]

WH press office said he was evidently related to some kind of skin cancer treatment prior to taking office.

Still reckless to just casually drop that line into a speech giving the impression he’s currently got cancer.

 

[Irish#1]

Federal investigation of Hunter Biden reaches critical juncture, sources say

The federal investigation into Hunter Biden's business activities is nearing a critical juncture as investigators weigh possible charges and prosecutors confront Justice Department guidelines to generally avoid bringing politically sensitive cases close to an election, according to people...

www.cnn.com

 

[drayer54]

Federal investigation of Hunter Biden reaches critical juncture, sources say

The federal investigation into Hunter Biden's business activities is nearing a critical juncture as investigators weigh possible charges and prosecutors confront Justice Department guidelines to generally avoid bringing politically sensitive cases close to an election, according to people...

www.cnn.com

This sounds like Russian disinformation.


Also-

 

[TorontoGold]

Wait no shot the same crew who went to bat to defend "stand back and stand by" & "disinfectant" & "Good people on both sides" & "I believe Putin" are upset with a cancer slip up after it came out he actually had cancer.

Shameless af lmao.

 

[Irish#1]

Wait no shot the same crew who went to bat to defend "stand back and stand by" & "disinfectant" & "Good people on both sides" & "I believe Putin" are upset with a cancer slip up after it came out he actually had cancer.

Shameless af lmao.

Slip up. Yeah right. I lost my mom, grandfather and aunt to cancer and my daughter is a breast cancer survivor. Nobody who’s had cancer slips up and mentions it when talking about other subjects.