Wednesday Forum: January 20, 2016

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1,803 Responses to Wednesday Forum: January 20, 2016

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  1. sdfc

    You mean you want Trump to run big budget deficits, just like Ronnie.

  2. sdfc

    Was Ronnie a protectionist too?

  3. Anne

    Let’s hope Trump finds his Art Laffer then.

    Why can’t he use the old Art Laffer?

  4. sdfc

    It’s Fed policy to raise the price level to 2% of GDP JC?

    Really?

  5. Infidel Tiger

    Reagan had to rebuild the US Military which had been degraded to such an extent that it was almost worthless, that is the only reason he ran deficits.

    Protectionism has been an unfortunate blind spot of nearly every President, but it didn’t matter much when they were an economic super power. The world has changed somewhat.

    No country has ever got poorer from embracing trade. They would do well to remember that.

  6. JC

    Trump is a huge fuck you to the establishment. All of it – right and left. Americans absolutely despise Washington with a hatred beating even the temperature records.

    When he first took a shine to running he came out and said he thought gerbil warming was a crock of shit… and he kept saying it to the point where he just shut down the other side. He didn’t engage in any science debate and then become tangled up in that crap…. he just kept repeating gerbil warming was a crock of shit….

    Washington (CNN)Donald Trump said Monday that President Barack Obama’s comments that climate change poses one of the greatest threats to the U.S. is one of the “dumbest things” ever said.

    Donald J. Trump
    ?
    @realDonaldTrump

    It’s really cold outside, they are calling it a major freeze, weeks ahead of normal. Man, we could use a big fat dose of global warming!

    Donald J. Trump
    ?
    @realDonaldTrump

    This very expensive GLOBAL WARMING bullshit has got to stop. Our planet is freezing, record low temps,and our GW scientists are stuck in ice

    Donald J. Trump
    ?
    @realDonaldTrump

    Any and all weather events are used by the GLOBAL WARMING HOAXSTERS to justify higher taxes to save our planet! They don’t believe it $$$$!

    Donald J. Trump
    ?
    @realDonaldTrump

    The concept of global warming was created by and for the Chinese in order to make U.S. manufacturing non-competitive.

    Donald J. Trump
    ?
    @realDonaldTrump

    It’s snowing & freezing in NYC. What the hell ever happened to global warming?

    Donald J. Trump
    ?
    @realDonaldTrump

    Ice storm rolls from Texas to Tennessee – I’m in Los Angeles and it’s freezing. Global warming is a total, and very expensive, hoax!

    Outside of the Chinese one, these tweets are excellent. He juts doesn’t give a rats.

  7. srr

    Yes Anne, I’m loving this woman –

    Woman burns the Qur’an and Expose Islam [Part 1] † † †

    https://www.youtube.com/watch?v=vrT4TEmkotA

    Published on 30 Jun 2013
    Ladies and gentlemen this is Ann Barnhardt, you can call her whatever you like, but you can’t call her a liar.

    Ann Barnhardt links: http://www.theeconomyisgoingtoimplode.com

    I’m hoping more blokes listen to what she has to say and how she says it, and get inspired/shamed into being men.

  8. JC

    It’s Fed policy to raise the price level to 2% of GDP JC?

    Really?

    Sure, indirectly that was the purpose although they used other markers to explain the policy such as helping the housing market and later, helping the employment market.

    The real purpose was the raise the price level.

  9. C.L.

    The Trump love is out of control. His fans won’t tolerate even a minor questioning about some of his policies.

    It’s becoming a cult.

    I think the site’s Lindsay Graham School of Tragic But Honorable Losing is getting carried away with its scolding. Trump is being supported because he has torn down the Berlin Wall of political correctness – the wrecking ball moment ‘conservatives’ have only ever dreamed about. From such a breakthrough, other great things may follow precisely because of that breakthrough. There will never be ANY economic libertarian policies successfully introduced by a US President in thrall to cultural leftism.

  10. slackster

    Trump is being supported because he has torn down the Berlin Wall of political correctness – the wrecking ball moment ‘conservatives’ have only ever dreamed about. From such a breakthrough, other great things may follow precisely because of that breakthrough.

    Look up ” Overton Window”

  11. C.L.

    Donald J. Trump
    ?
    @realDonaldTrumpThis very expensive GLOBAL WARMING bullshit has got to stop. Our planet is freezing, record low temps,and our GW scientists are stuck in ice.

    No no. Let’s shoot this bloke down and get behind Rand Paul!

  12. Snoopy

    You’re now veering toward Snoopy’s suggestion that a CB can fund a deficit.

    That wasn’t the point I was trying to make. Is there any real evidence for QE having worked anywhere? If it does, the Japanese economy should be going gangbusters. It seems that now the US banks are addicted to QE.

  13. Anne

    If you like her, srr, you’ll love David Wood.

    Here’s my favourite where he talks about Muhammad’s penchant for cross dressing.

    And for added insult to Islam, he does it wearing his wife’s sexy slip.

    https://youtu.be/FELmAJN16X8

  14. JC

    Cl

    His economic policies are a total disgrace. There’s no getting away from this. Some of them are downright dangerous. If he fails, the next D’rat president would make the Kenyan look like Ronald Reagan.

  15. sdfc

    No their target is an annual increase of 2.0% in the PCE price index. Sure that’s going to raise the price level, but what does raising the price level to 2% of GDP mean? You’ve lost the plot.

  16. JC

    If it does, the Japanese economy should be going gangbusters. It seems that now the US banks are addicted to QE.

    It’s actually going very well. The price level is rising. Unemployment is down to about 3% and incomes have started to rise.

    Despite the maturity difference between currency (the Yen) and jap bonds the Bank of Japan has close to halved the amount of debt outstanding.

    The Jap government owes about 250% of GDP though bonds and notes on issue and its bought about 45% of the debt at almost no cost.

    There’s nothing really wrong with the Japanese economy other than falling population.

  17. JC

    but what does raising the price level to 2% of GDP mean? You’ve lost the plot.

    What do you think it means, SDFC? How could I simplify something so basic.

  18. sdfc

    And there are so many hot chicks in Japan.

  19. JC

    It seems that now the US banks are addicted to QE.

    Don’t go full retard on me. No full retard at the Cat.

    The impact of QE has actually been negative on the US banks. The reason is that QE lowered bond rates which are used to anchor loan portfolios. The impact has been lower the net interest margin (NIM). At the macro level QE has helped the banks because it helped assets values to rise. However the trade off was a contracted NIM.

  20. classical_hero

    That’s the problem with Libertarianism is that it’s too focused on Economic policy.

  21. JC

    And there are so many hot chicks in Japan.

    Don’t be sexist and you’re married.

  22. slackster

    And there are so many hot chicks in Japan.

    Indeed:

    http://imgur.com/bLkdO8f

  23. JC

    That’s the problem with Libertarianism is that it’s too focused on Economic policy.

    Not at all. Consequentialism has a hugely important role to play in the culture. Don’t fund single women dropping kids then expecting welfare. If some do, allow it but do not fund a cent through welfare, even if they’re on the street. It would be a great example to the rest.

  24. Infidel Tiger

    I think the site’s Lindsay Graham School of Tragic But Honorable Losing is getting carried away with its scolding.

    Trump should employ Lindsay to help furnish and decorate his developments.

  25. Ragu

    That’s the problem with Libertarianism is that it’s too focused on Economic policy.

    There is no chicken and egg here. The economics supports libertarian ideals of small government and personal choice.

  26. sdfc

    Don’t be sexist and you’re married.

    I’m married not blind.

    Don’t blush baby.

  27. JC

    You go girl.

    Michael Caine tells me we should “get out of Europe” as “you cannot be dictated to be faceless civil servants”

  28. Stackja

    Melbourne tennis MSM ask one tennis bloke what girls he is with. Don’t blush baby.

  29. Ragu

    Oz Open tennis bird with a traditional Aussie name, Daria Gavrilova, comments that she is good from behind.

    World laughs

  30. Stackja

    Ravi – Cricketer awkward words world acorns.

  31. C.L.

    Libertarians have always screwed up their understanding of economic and social policy.
    They have never got it through their thick heads that economic policy follows from social and cultural policies. You push welfarism, affirmative action, easy divorce, quotas, deficit spending, government takeovers of private arenas and then … you get the public doped up on free junk pay for it all with the national credit card and easily out-sell the killjoys in the GOP.
    The MAIN GAME is social and cultural policy.

  32. C.L.

    Good Lord (DRUDGE) …

    Hillary Clinton as Two-Face:

  33. srr

    C.L. you mentioned Lindsey Graham … ENJOY –

    Barnhardt hands Lindsey Graham his balls – YouTube
    Video for Lindsey Graham Ann Barnhardt? 9:36
    https://www.youtube.com/watch?v=sileK9ijZu4
    Nov 11, 2012 – Uploaded by videosciencelab
    Ann Barnhardt hands Lindsey Graham his tiny balls

    For those who can’t or don’t play videos, PJ Media covered it thoroughly –

    Ann Barnhardt, Culture Hero

    Even if you don’t do anything else today, please take a moment to look at the two videos that Ann Barnhardt, an intrepid Colorado resident, made a couple of days ago responding to Senator Lindsey Graham’s spineless attack on Terry Jones, the Florida minister who presided over a “trial” and burning of a Koran late last month. I link to them at the end of this post.

    A recap: When publicized and condemned by Afghan President Hamid Karzai and officials in Pakistan last week, Jones’s bonfire provided the occasion for the deadly riots in Afghanistan that (so far) have left a dozen people dead, including UN and NATO personnel. The instant response from the liberal establishment was condemnation — not of the rioters who were, as is their wont, murdering for Allah, but of Terry Jones. As I noted in this space Monday, Islamophiliacs from Time’s Joe Klein to Senators Harry Reid and Lindsey Graham blamed Jones for the rampage. Even General David Petraeus condemned the Koran burning as “hateful, intolerant, extremely disrespectful.” On Face the Nation, Lindsey Graham said:

    I wish we could find some way to hold people accountable. Free speech is a great idea, but we’re in a war. During World War II you had limits on what you could do if it inspired the enemy. Any time we can push back here in American against actions like this that put our troops at risk, we ought to do it.

    Sobering, isn’t it, to realize how quickly folks entrusted with upholding the Constitution are willing to dispense with its protections? I was moderately tart about these latest exhibitions of what I called “preemptive capitulation.” But my response was a veritable valentine compared with Ms. Barnhardt’s eloquent demolition. There are some theatrics in her presentation. She repeatedly calls Graham a “jackass” — a “stupid, stupid jackass” on one occasion. In part two, she reads various passages from the Koran — those memorable bijoux that advocate the murder of Jews, infidels, and apostates, the rape of women prisoners, pedophilia, and beating of insufficiently submissive wives, etc. — and then rips out the offending pages and burns them in a glass fire-bowl. Crowning detail: she has bookmarked the passages with rashers of uncooked bacon. (“Raw bacon,” she explains, “makes the best Koranic bookmark.”)

    Ms. Barnhardt describes the reading and burning of the Koran as “the main event.” It is a riveting performance, her declamation and analysis of all those goads to violence and mayhem, followed by the incineration, one leaf after the next, of the dozen or so pages she chose: “Evil, evil garbage, in it goes and up in flames!”

    But perhaps even more impressive is Ms. Barnhardt’s excoriation of Lindsey Graham and his contemptible suggestion that the free speech of American citizens should be curtailed in the face of Islamic intimidation.

    Read it again: “I wish we could find some way to hold people accountable,” said this U.S. senator. “Free speech is a great idea, but we’re in a war. During World War II you had limits on what you could do if it inspired the enemy. Any time we can push back here in American against actions like this that put our troops at risk, we ought to do it.”

    Ms. Barnhardt picks this apart phrase by disgraceful phrase. “Hold people accountable”? Accountable for what? she asks.

    For exercising their Constitutionally protected and divinely ordained right to freedom of thought, freedom of speech, freedom of expression, and freedom of religion? Hey Jackass, have you not read the First Amendment to the Constitution of the United States?

    What Lindsey Graham wants to do, she continues, is to “elevate the totalitarian political system masquerading as a religion called Islam to a status which

    supersedes and overrides the First Amendment to the Constitution and thus places it in a position of specially protected legal superiority wherein criticism of Islam or failure to show proper and sufficient deference and honor for Islamic texts is a crime. Hey Lindsey, you Jackass, you know what that’s called? It’s called Sharia. What the hell is wrong with you?”

    Delicious, no? Ms. Barnhardt then announces that she will burn a Koran in a few minutes and invites Little Lindsey to have her arrested and dragged before before Congress and held to account. “Do it. Nothing would make me happier. I would relish the opportunity to explain to you how exactly it is that we do things in the United States of America. If you want to pick a fight, Sir, you go right ahead, but understand that if you pick a fight with me the only way it ends is with you sobbing in the men’s room.”

    Why can’t we have senators like this?

    Ms. Barnhardt then moves on to Little Lindsey’s declaration that “Free speech is a great idea but we’re in a war.”

    Point One: free speech is not just a great idea, it is “bedrock principle of Western civilization and the United States.”

    Point Two: “Individuals are free sovereign agents. Individuals are not property or drones of the state. The government doesn’t tell the people what to think and say. The people tell the government what to think and say through the mechanisms” of representative government.

    Point three: Intellectual snobbery. Ms. Barnhardt discerns it in Little Lindsey’s remarks. Terry Jones is a redneck Southern preacher with a drawl and a handlebar mustache to match. No fancy Ivy league education. Ergo, he’s not eligible for the same sort of Constitutional protection that, for example, Little Lindsey and his peers enjoy. “Listen, Jackass, it doesn’t work that way. The First Amendment applies to all American citizens equally. It does not operate on a sliding scale based upon how expensive an education one received, what one’s income is, or whether or not one is invited to tony soirées in Georgetown.”

    Ms. Barnhardt then takes up and demolishes Little Lindsey’s invocation of World War II as a precedent for clamping down on free speech. “Lindsey, you Jackass, the only prohibitions on speech during World War II and all other wars pertained to speech which would give aid and comfort to the enemy, not speech which demoralized, discouraged, or degraded the enemy.” She then enumerates various examples from those World War II posters depicting the Nazis and Japanese as deranged animals to cartoons that “ruthlessly mocked and degraded” Germans, Italians, and the Japanese. “The informal prohibition during the war was on speech that was defeatist or conciliatory towards the enemy, which is exactly what you are engaging in, you stupid, stupid, Jackass.”

    And so it goes. Little Lindsey wants to “push back” against people like Terry Jones who burn the Koran or otherwise criticize Islam because, he says, it “puts the troops at risk.” “Push back?” Ms. Barnhardt asks. “Since the free speech in question is by a loyal, law-abiding American citizen against the sworn enemy of the United States and its Constitution — which is Islam — and you Senator Graham are talking about ‘pushing back’ using the force of the government of the United States, it sure sounds to me like you have decided that the United States government is allied with Islam against the people of the Untied States who do not show sufficient deference and respect for Islam.”

    Oh, and as for putting our troops at risk, “the only thing that is putting our troops at risk at are the suicidal, defeatist rules of engagement which prevent our brave soldiers from actually fighting and defeating the enemy. You hang our boys out on the lines of battle and then refuse to give them ammunition, refuse to allow to engage the enemy without permission from a flipping attorney, and refuse to allow them to engage ‘civilians’ while fighting a force that is 100 percent comprised of civilians. How dare you accuse us of putting our troops at risk.”

    There’s more. Watch both videos. They are inspirational. Ann Barnhardt opens with the observation that she is “apparently one of the very, very last people left in Western Civilization who possesses any quantity of brains and balls simultaneously.” She is probably right. Thank God for her.

    https://pjmedia.com/rogerkimball/2011/4/6/ann-barnhardt-culture-hero/?singlepage=true

  34. C.L.

    And there are so many hot chicks in Japan.

    Not according to Japanese men:

    DRUDGE: In a Japan seemingly obsessed with sex, few seem to indulge.

  35. Fisky

    Libertarians have always screwed up their understanding of economic and social policy.

    Their support for Angela Merkel is embarrassing.

  36. memoryvault

    Libertarians Friedmanarians have always screwed up
    their understanding of economic and social policy.

    Given that you’re one of the more intelligent commenters here C.L., it’s a pity you’ve never taken the hour or so to find out what classical libertariansim is. Example:

    You push welfarism, affirmative action, easy divorce, quotas, deficit spending, government takeovers of private arenas and then . . .

    None of these things even figure in classical libertarian philosophy, C.L., neither for nor against. The fact that one fruitcake by the name of Friedman in the 1960’s took a quite sensible philosophy, parts of which predate the Magna Carta and are recognised in it, and attempted to use it to turn modern day economics into quasi socialist-based religion, does not alter the truth of the matter.

  37. memoryvault

    Their support for Angela Merkel is embarrassing.

    The ignorance is strong tonight.

  38. Fisky

    Memory Vault is the Waleed Aly of libertarianism.

  39. Ragu

    Commenters on this blog went Merkel crazy a couple of years back.

  40. rickw

    California Governor Ronald Reagan was present when the protesters arrived and later commented that he saw “no reason why on the street today a citizen should be carrying loaded weapons.” and that guns were a “ridiculous way to solve problems that have to be solved among people of good will.

    Guns have never been the method by which people of good will solved problems, their use is reserved for conflict resolution with those of bad will.

  41. Fisky

    No no. Let’s shoot this bloke down and get behind Rand Paul!

    Rand Paul is a clown. He did a national apology tour of black campuses thinking he could win them over to “small government”.

  42. memoryvault

    Memory Vault is the Waleed Aly of libertarianism.

    Jeez, Fisky, I thought it would at least take you more than one comment to retreat from informed debate, to character assassination. Let’s play this game the other way around, since I’m not interested in getting into a JC-style slanging match. How about you, or C.L., or anybody else here for that matter, provide a link to demonstrate where classical libertarian philosophy supports any part of the following statement:

    Classical libertarian philosophy pushes welfarism, affirmative action, easy divorce, quotas, deficit spending, government takeovers of private arenas and then . . .

    Off you go. Just one quote on one of the above subjects by just one of the classical libertarians. Demonstrate your superior knowledge and intellect.

  43. Andrew

    In HK every 4th guy in financial markets is Indian. I’m having so much fun asking “so you think India choked to lose 9/46 and go 4-0 down?” “Given the amount of T20 cricket, you expect to occasionally have 300 chased down but surely not EVERY time?” and so forth.

  44. memoryvault

    Ten minutes and nothing, Fisky.
    How about I carry it over to the new thread?

  45. Ragu

    Okay.

    Youse blokes are gunna have to move to another part of the site, this place is closing down.

    Okay

  46. Fisky

    The problem, MV, is that you do run the Waleed Aly/Keyser Trad line whenever the numerous faults of mainstream libertarianism are rightly criticised.

  47. memoryvault

    Fisky
    #1924159, posted on January 23, 2016 at 12:19 am

    The problem, MV, is that you do run the Waleed Aly/Keyser Trad line whenever the numerous faults of mainstream libertarianism are rightly criticised.

    So, given that you are fully aware that there is a new thread, you try and take the cowards way out by providing a non-answer on a dead thread.

    You’ve been given the opportunity to demonstrate any of this BS is “libertarianism”, let alone “mainstream libertarianism”. So far you have been mute. Any advance?

    PS – I’m posting this on the new thread.

  48. twostix

    Let’s not pretend this has anything to do with ideology, or Reagan, or any of that nonsense. Absent Trumps entering the race, we’d be currently hearing the virtues and amazing tales of Conservatism of that odd ball creep and complete squish Jeb Bush. And they’d be coming from many of the same conservative “personalities” (strangely many wearing bow-ties) currently tut-tutting about conservative this and Reagan that re Trump.

  49. I’m with CL and twostix on Trump. If Trump prevents the Democrats from retaining the Pesidency, smashes PC, and sidelines the news media, he has done a mighty, mighty job. And I say this even thoughmy preference is Cruz.

  50. C.L.

    How about you, or C.L., or anybody else here for that matter, provide a link to demonstrate where classical libertarian philosophy supports any part of the following statement:

    Classical libertarian philosophy pushes welfarism, affirmative action, easy divorce, quotas, deficit spending, government takeovers of private arenas and then . .

    My point was that these are/were social and cultural debates. When libertarians try to shoosh up conservatives from talking about ‘social policy’ (in favour of pure economic policy) they show that they don’t undersand how modern politics works and don;t understand why the world is as it is.

  51. Fisky

    The number one issue is borders / security. Most libertarians seem to be on the the wrong side of this issue, wanting to preserve their access to Bahnisch barbecues.

  52. Herodotus

    I’m pleased that Ann Barnhardt has defended Terry Jones. There was another scurrilous attack on TJ by BBC presenter Owen Bennett-Jones a couple of years back. Towards the end of an interview OBJ said he was personally disgusted by TJ. He stepped over a line there.

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