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(American Thinker)   Income inequality wasn't a problem until Obama took office   (americanthinker.com) divider line 217
    More: Unlikely, Obama, income inequality, devaluation, Investment Company Institute, price bubble, seasonal adjustments, investment return, U.S. Bureau of Labor Statistics  
•       •       •

1874 clicks; posted to Politics » on 14 Jan 2014 at 1:34 PM (13 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



217 Comments   (+0 »)
   
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2014-01-14 12:24:39 PM
In exactly the same way that global terrorism wasn't a problem until 9/11.
 
2014-01-14 12:24:54 PM
The uppitiness of neegros has increased exponentially with the duration of Obama's term as President. Study it out. Study it out.
 
2014-01-14 12:27:25 PM
just when you thought you couldnt hate these people more than you already do ...
 
2014-01-14 12:29:26 PM
What incentive would this Wall Street executive and pension fund manager have to mislead anyone on income inequality issues?
 
2014-01-14 12:29:40 PM
www.bitlogic.com
 
2014-01-14 12:31:49 PM
Income inequality in the United States has grown significantly since the early 1970s,[1][2][3][4][5] after several decades of stability,[6][7] and has been the subject of study of many scholars and institutions. While inequality has risen among most developed countries, and especially English-speaking ones, it is highest in the United States.[8][9][10] Income inequality (as measured by the Gini coefficient) is not uniform among the states: after-tax income inequality in 2009 was greatest in Texas and lowest in Maine.[11]

From those lying libs at Wikipedia.
 
2014-01-14 12:33:58 PM
The Anti-Scientific Revolution in Macroeconomics

Faith based economics. Wrong about everything.
 
2014-01-14 12:37:09 PM
...in much the same way that cancer is not a problem if you don't talk about it.
 
2014-01-14 12:38:08 PM
img.fark.net
 
2014-01-14 12:42:02 PM

Dusk-You-n-Me: The Anti-Scientific Revolution in Macroeconomics

Faith based economics. Wrong about everything.


So, obviously the best solution is tax cuts...
 
2014-01-14 12:43:32 PM
gifatron.com
 
2014-01-14 12:45:31 PM
Hurricanes slamming into coastlines, trade deficits and expensive foreign wars weren't an issue either. Obama basically opened Pandora's box of problems.
 
2014-01-14 12:46:49 PM

Diogenes: Income inequality in the United States has grown significantly since the early 1970s,[1][2][3][4][5] after several decades of stability,[6][7] and has been the subject of study of many scholars and institutions. While inequality has risen among most developed countries, and especially English-speaking ones, it is highest in the United States.[8][9][10] Income inequality (as measured by the Gini coefficient) is not uniform among the states: after-tax income inequality in 2009 was greatest in Texas and lowest in Maine.[11]

From those lying libs at Wikipedia.


Not so fast. Let's see what an unbiased source has to say.
 
2014-01-14 12:50:24 PM
So the rich are getting richer and the poor are getting poorer.

Obama is so incompetent, he can't even do Socialism right.
 
2014-01-14 12:51:21 PM

JerseyTim: Diogenes: Income inequality in the United States has grown significantly since the early 1970s,[1][2][3][4][5] after several decades of stability,[6][7] and has been the subject of study of many scholars and institutions. While inequality has risen among most developed countries, and especially English-speaking ones, it is highest in the United States.[8][9][10] Income inequality (as measured by the Gini coefficient) is not uniform among the states: after-tax income inequality in 2009 was greatest in Texas and lowest in Maine.[11]

From those lying libs at Wikipedia.

Not so fast. Let's see what an unbiased source has to say.


Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality
 
2014-01-14 12:53:10 PM
Wait.  So American Thinker just admitted that income inequality started right at the same time as Obama took office?  So, that means, Bush left Obama a little present?  Because, obviously, Obama didn't have enough time to effect policy on Day 1...

Kind of nice for American Potato to admit "but but but Bush!"
 
2014-01-14 01:03:18 PM
i.imgur.com


i.imgur.com


persephonemagazine.com
 
2014-01-14 01:05:00 PM
So, according to American Stinker, they've always been right Obama promoting "class warfare."  The only difference is that they've not apparently switched sides in the war.
 
2014-01-14 01:07:49 PM
Rape wasn't a problem til women's lib made them all uppity and reportey and press charges-y
 
2014-01-14 01:13:18 PM

JerseyTim: unfetchable


Stop trying to make that happen.
 
2014-01-14 01:14:40 PM
Here I can save you reading the balance of right wing web sites:

____________ wasn't a problem until Obama took office

Or

The problem of _____________ would be solved if Obama would just do what Republicans want and because he won't do what they want it proves he's the hyper partisan
 
2014-01-14 01:19:42 PM
What they mean is "We didn't have a President that talked about or cared about income inequality before 2009. I forget who was president then."
 
2014-01-14 01:20:47 PM
 
2014-01-14 01:20:55 PM
Eating crackers in the White House wasn't an issue either.
 
2014-01-14 01:21:18 PM

Pocket Ninja: In exactly the same way that global terrorism wasn't a problem until 9/11.


And civil rights for African Americans wasn't a problem until they made a stink about it.
 
2014-01-14 01:23:15 PM

xanadian: Wait.  So American Thinker just admitted that income inequality started right at the same time as Obama took office?  So, that means, Bush left Obama a little present?  Because, obviously, Obama didn't have enough time to effect policy on Day 1...

Kind of nice for American Potato to admit "but but but Bush!"


Everyone knows that while senator, Obama pushed legislation through congress that would have the effect of income inequality growth starting on Jan 20, 2009, so that it would look like it was actually Bush's fault.
 
2014-01-14 01:25:26 PM

SilentStrider: Eating crackers in the White House wasn't an issue either.


HE'S COMING AFTER OUR WIMMIN'FOLK!
 
2014-01-14 01:30:55 PM

JerseyTim: JerseyTim: Diogenes: Income inequality in the United States has grown significantly since the early 1970s,[1][2][3][4][5] after several decades of stability,[6][7] and has been the subject of study of many scholars and institutions. While inequality has risen among most developed countries, and especially English-speaking ones, it is highest in the United States.[8][9][10] Income inequality (as measured by the Gini coefficient) is not uniform among the states: after-tax income inequality in 2009 was greatest in Texas and lowest in Maine.[11]

From those lying libs at Wikipedia.

Not so fast. Let's see what an unbiased source has to say.

Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality


Love it!  One line assertion whose source is a hit opinion piece by one of Coburn's buddies.

Well I'm convinced!
 
2014-01-14 01:31:07 PM
THIS:

Pocket Ninja:
In exactly the same way that global terrorism wasn't a problem until 9/11.

[bearsrepeating.jpg]
 
2014-01-14 01:37:52 PM
Worst socialist ever.
 
2014-01-14 01:38:40 PM

Cyberluddite: So, according to American Stinker, they've always been right Obama promoting "class warfare."  The only difference is that they've not apparently switched sides in the war.


Exactly. You cannot complain about "redistribution of wealth" and "income inequality" at the same time.
 
2014-01-14 01:39:57 PM
Articles By Chriss Street
Obama's Internal Devaluation Causes Income Inequality
Obama Railway Negligence goes Critical
Terrorism and the Russian Olympics
Bitcoin is Gold 2.0
Europe Cracks Down on Illegal Aliens
China Moon Landing A Military Threat
California Voters Agree State is Expensive and Lacks Jobs
Only the Private Sector Stimulates Job Growth
Energy Drives Asian Military Confrontation
The Truth Behind China Ending One-Child Policy
The First ObamaCare Casualty
Super Typhoon Haiyan Aftermath
Emerging Markets in Another Death-Spiral
Farewell, 'Death to America!'
Why the French Want to Dump the Euro
Bubblicious Fed Hurts Job Growth
China's Banking Crisis Begins
Failing to Build Keystone Pipeline is Criminal Negligence
Why China Wants To Dump the Dollar
America's New Obstruction Of Justice Crisis
Times Are A-Changin' For Conservatives
The American Revival of the Persian Empire
Captain Phillips Empathizes with Terrorists as Kenyans Die
Europe Declares the Welfare State Dead
The Millennial Generation Is Abandoning Liberalism
 
vpb [TotalFark]
2014-01-14 01:40:30 PM
So we were cool with it before?
 
2014-01-14 01:41:22 PM

Car_Ramrod: Cyberluddite: So, according to American Stinker, they've always been right Obama promoting "class warfare."  The only difference is that they've not apparently switched sides in the war.

Exactly. You cannot complain about "redistribution of wealth" and "income inequality" at the same time.


Well, you can if you're a lying piece of shiat with no ethical foundation and no goal other than to make the black president look bad.
 
2014-01-14 01:41:42 PM

Car_Ramrod: Cyberluddite: So, according to American Stinker, they've always been right Obama promoting "class warfare."  The only difference is that they've not apparently switched sides in the war.

Exactly. You cannot complain about "redistribution of wealth" and "income inequality" at the same time.


You're talking about the same people who say that he's a secret Muslim who's heavily influenced by Jeremiah Wright, correct?
 
2014-01-14 01:42:29 PM
s30.postimg.org
 
2014-01-14 01:43:31 PM
We gave "Compassionate Conservativism" a try.  We failed.  Time to try something different.
 
2014-01-14 01:44:15 PM
I was told there was no such thing as income inequity but now those same people are telling me it's really a plot by those filthy libs. Thanks American Potato.
 
2014-01-14 01:46:50 PM
www.mindhuestudio.com
 
2014-01-14 01:47:38 PM
once again i ask: if your cause is so righteous, conservatives, why do you have to lie about it all the time?
 
2014-01-14 01:47:44 PM
img.fark.net
Obama and his damned time machine...
 
2014-01-14 01:47:47 PM
i.imgur.com
 
2014-01-14 01:48:45 PM

Diogenes: JerseyTim: JerseyTim: Diogenes: Income inequality in the United States has grown significantly since the early 1970s,[1][2][3][4][5] after several decades of stability,[6][7] and has been the subject of study of many scholars and institutions. While inequality has risen among most developed countries, and especially English-speaking ones, it is highest in the United States.[8][9][10] Income inequality (as measured by the Gini coefficient) is not uniform among the states: after-tax income inequality in 2009 was greatest in Texas and lowest in Maine.[11]

From those lying libs at Wikipedia.

Not so fast. Let's see what an unbiased source has to say.

Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality

Love it!  One line assertion whose source is a hit opinion piece by one of Coburn's buddies.

Well I'm convinced!


The sad thing is, for a Conservapedia article, that one is rigorous and well-sourced.

For example, they like to use anti-evolution arguments that even other ID-believers have long abandoned.

/Conservapedia is one of my favorite humor sites
 
2014-01-14 01:48:48 PM
The potatoes are radioactive.
 
2014-01-14 01:49:25 PM

hubiestubert: SilentStrider: Eating crackers in the White House wasn't an issue either.

HE'S COMING AFTER OUR WIMMIN'FOLK!


randomgifs.net
 
2014-01-14 01:49:25 PM

Therion: [i.imgur.com image 450x363]


[i.imgur.com image 450x252]


[persephonemagazine.com image 500x243]


www.everyjoe.com
 
2014-01-14 01:50:18 PM
img.fark.net
 
2014-01-14 01:51:11 PM
Run chickens! Run for your lives!

~static1.mypetchicken.com
 
2014-01-14 01:51:49 PM
oh crap guys, I'm dying of lawls here
 
2014-01-14 01:52:10 PM
Therion:
img.fark.net

I don't think I've ever seen Iggy Pop with a shirt on before.
 
2014-01-14 01:52:15 PM

grumpfuff: The sad thing is, for a Conservapedia article, that one is rigorous and well-sourced.

For example, they like to use anti-evolution arguments that even other ID-believers have long abandoned.

/Conservapedia is one of my favorite humor sites


Their bit about how Einstein's Theory of Relativity is a liberal excuse for situational ethics is one of my favs.
 
2014-01-14 01:53:11 PM
merkin stinker
 
2014-01-14 01:53:44 PM

firefly212: [img.fark.net image 470x447]
Obama and his damned time machine...


Actually, from that graph it looks like we were on the way to fixing that inequality in the latter half of 2008 (the blue line bends down), when SOMETHING that occurred right around the start of 2009 reverses the trend.
 
2014-01-14 01:56:11 PM

Dr Dreidel: firefly212: [img.fark.net image 470x447]
Obama and his damned time machine...

Actually, from that graph it looks like we were on the way to fixing that inequality in the latter half of 2008 (the blue line bends down), when SOMETHING that occurred right around the start of 2009 reverses the trend.


static.guim.co.uk
 
2014-01-14 01:56:54 PM
i.imgur.com
 
2014-01-14 01:57:30 PM

Dr Dreidel: firefly212: [img.fark.net image 470x447]
Obama and his damned time machine...

Actually, from that graph it looks like we were on the way to fixing that inequality in the latter half of 2008 (the blue line bends down), when SOMETHING that occurred right around the start of 2009 reverses the trend.


That is some beautiful troll logic, sir. I applaud you.
 
2014-01-14 01:57:50 PM

JusticeandIndependence: Articles By Chriss Street
Obama's Internal Devaluation Causes Income Inequality
Obama Railway Negligence goes Critical
Terrorism and the Russian Olympics
Bitcoin is Gold 2.0
Europe Cracks Down on Illegal Aliens
China Moon Landing A Military Threat
California Voters Agree State is Expensive and Lacks Jobs
Only the Private Sector Stimulates Job Growth
Energy Drives Asian Military Confrontation
The Truth Behind China Ending One-Child Policy
The First ObamaCare Casualty
Super Typhoon Haiyan Aftermath
Emerging Markets in Another Death-Spiral
Farewell, 'Death to America!'
Why the French Want to Dump the Euro
Bubblicious Fed Hurts Job Growth
China's Banking Crisis Begins
Failing to Build Keystone Pipeline is Criminal Negligence
Why China Wants To Dump the Dollar
America's New Obstruction Of Justice Crisis
Times Are A-Changin' For Conservatives
The American Revival of the Persian Empire
Captain Phillips Empathizes with Terrorists as Kenyans Die
Europe Declares the Welfare State Dead
The Millennial Generation Is Abandoning Liberalism


images2.wikia.nocookie.net
 
2014-01-14 01:59:10 PM
i.imgur.com
 
2014-01-14 02:01:01 PM
i.huffpost.com
 
2014-01-14 02:01:18 PM

TheManWho: Therion:


I don't think I've ever seen Iggy Pop with a shirt on before.


Very nice.
 
2014-01-14 02:03:34 PM
www.glitter-graphics.comimageshack.com
 
2014-01-14 02:04:39 PM
Better fill the Jennifer Lawrence quota

i.dailymail.co.uk
 
2014-01-14 02:08:50 PM
Neither was the debt/deficit.
 
2014-01-14 02:09:06 PM

Ghastly: The uppitiness of neegros has increased exponentially with the duration of Obama's term as President. Study it out. Study it out.



I know I've been uppity as shiat since the inaugeration. Stared down a cop at a traffic light. Told an old white man to go fark himself in a Georgia Walmart parking lot for not yeilding to walkers. Drove around Montgomery County, MD without a seatbelt on.

/I been going HAM
 
2014-01-14 02:11:07 PM

PC LOAD LETTER: Pocket Ninja: In exactly the same way that global terrorism wasn't a problem until 9/11.

And civil rights for African Americans wasn't a problem until they made a stink about it.


They were happier before civil rights. A racist redneck told me so.
 
2014-01-14 02:13:52 PM

Dr Dreidel: firefly212: [img.fark.net image 470x447]
Obama and his damned time machine...

Actually, from that graph it looks like we were on the way to fixing that inequality in the latter half of 2008 (the blue line bends down), when SOMETHING that occurred right around the start of 2009 reverses the trend.


GDP dropped in late 2008 because the economy was crashing... but MHI was also dropping still, and Median Net Worth was doing even worse... what happened was the economy got back on track, and continued to fark over everyone who wasn't at the very very top of it. A rising tide only lifts all boats if you're rich enough to have a boat... otherwise you just drown. That's the problem with the Reaganomics thinking that persists to this day.
 
2014-01-14 02:14:49 PM

Diogenes: grumpfuff: The sad thing is, for a Conservapedia article, that one is rigorous and well-sourced.

For example, they like to use anti-evolution arguments that even other ID-believers have long abandoned.

/Conservapedia is one of my favorite humor sites

Their bit about how Einstein's Theory of Relativity is a liberal excuse for situational ethics is one of my favs.


I dunno, their list of conservative movies/music is pretty hilarious too. They call Metallica conservatives, because they have a song called Don't Tread on Me.
 
2014-01-14 02:16:36 PM
i1284.photobucket.com
 
2014-01-14 02:17:24 PM

DROxINxTHExWIND: Drove around Montgomery County, MD without a seatbelt on.


You MANIAC!

Do you know how many lily-white soccer kids, safely bubble-wrapped in mom's crossover as she ferries little Cayden, Jayden, Aiden, Maiden, and Lleyton from ballet class in Cabin John to rock-climbing class in Gaithersburg before grabbing a glass of Pinot with the gals in the Town Center you put in danger?

Mama might have had to actually use a turn signal!
 
2014-01-14 02:19:30 PM

Ghastly: The uppitiness of neegros has increased exponentially with the duration of Obama's term as President. Study it out. Study it out.


You know, we joke about it a lot, but if you're arguing with a paleoconservative about Obama's policies, and you can keep the argument going for long enough, it really, really doesn't take long for their racism to show. Maybe fifteen, twenty minutes if you can keep it up. Sooner or later, they'll use a dogwhistle; all you have to do is pretend you don't know what the dogwhistle refers to, and they will go purple trying to explain it to you without using overtly racist language. It's hilarious.

"You know what I mean!"
"No, no I don't. What exactly do you mean by 'Urban?'"
"You know!!"
"No, I don't. I don't understand. What is this 'Urban' of which you speak that means something different from when I say 'urban?'"
"YOU KNOW!! URBAN!!"
 
2014-01-14 02:21:50 PM

grumpfuff: Diogenes: grumpfuff: The sad thing is, for a Conservapedia article, that one is rigorous and well-sourced.

For example, they like to use anti-evolution arguments that even other ID-believers have long abandoned.

/Conservapedia is one of my favorite humor sites

Their bit about how Einstein's Theory of Relativity is a liberal excuse for situational ethics is one of my favs.

I dunno, their list of conservative movies/music is pretty hilarious too. They call Metallica conservatives, because they have a song called Don't Tread on Me.


But they also have a swishy f**got waltz named Nothing Else Matters, so at best they're Log Cabin Republicans.

/sarcasm
 
2014-01-14 02:23:51 PM
They're right, you know... My stepson works at Texas Roadhouse(His first job) as a food runner. In 2007, ALL employees were making CEO-level pay, regardless of their position. Everyone there was bringing home 8 figures, and then Obama got elected... Now, he makes less than minimum wage + tips... If he had just turned 18 a couple of years earlier,m he could have had a couple of million in the bank for these dark days under History's Greatest Monster.
 
2014-01-14 02:25:25 PM

Dr Dreidel: Do you know how many lily-white soccer kids, safely bubble-wrapped in mom's crossover as she ferries little Cayden, Jayden, Aiden, Maiden, and Lleyton from ballet class in Cabin John to rock-climbing class in Gaithersburg before grabbing a glass of Pinot with the gals in the Town Center you put in danger?


Holy Jesus I know people like this.
 
2014-01-14 02:25:51 PM
media.giphy.com

/well no not really and not sorry.
 
2014-01-14 02:25:56 PM

firefly212: A rising tide only lifts all boats if you're rich enough to have a boat... otherwise you just drown. That's the problem with the Reaganomics thinking that persists to this day.


I hate the way that aphorism is used to refer to Reaganomics -- Reagan basically raised the bigger, fancier boats at the expense of the dinghies and rowboats.  I could make the same argument that a downward redistribution scheme like guaranteed basic income (you could even call it "trickle down"!) raises aggregate demand and therefore should be good for the whole economy, and thus "raises all boats", and so rich people should be for it.
 
2014-01-14 02:27:14 PM
media.giphy.com
 
2014-01-14 02:27:41 PM
Darn Hawaiians taking all our tourists.
 
2014-01-14 02:29:54 PM
oh and this thread is finger lickin' good with a side of potato wedges.
 
2014-01-14 02:31:40 PM

DROxINxTHExWIND: /I been going HAM


Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

And on another note, Right wingers really do live in their own reality, don't they?
 
2014-01-14 02:34:53 PM
i.imgur.com
 
2014-01-14 02:36:36 PM

Arkanaut: firefly212: A rising tide only lifts all boats if you're rich enough to have a boat... otherwise you just drown. That's the problem with the Reaganomics thinking that persists to this day.

I hate the way that aphorism is used to refer to Reaganomics -- Reagan basically raised the bigger, fancier boats at the expense of the dinghies and rowboats.  I could make the same argument that a downward redistribution scheme like guaranteed basic income (you could even call it "trickle down"!) raises aggregate demand and therefore should be good for the whole economy, and thus "raises all boats", and so rich people should be for it.


The aphorism is used to refer to Reaganomics because he used it on multiple occasions.

You certainly could make that argument. As for me, I think that pretty much everyone who works 40 hours a week or more should be guaranteed to make at least 20k a year. I think that the current minimum wage (one that allows for wages so low as to qualify for public assistance when working full time) effectively means that taxpayers are picking up the cost of minimum wage workers, distorting the costs of inputs, and subsequently distorting the price of products via information asymmetry. Welfare for employees is, more accurately put, welfare for employers.
 
2014-01-14 02:38:57 PM

unlikely: Rape wasn't a problem til women's lib made them all uppity and reportey and press charges-y


Hahahhaa, I'm gonna be repeating this all day! Uh..er.. I mean, that was inappropriate and how could joke about that?
 
2014-01-14 02:39:27 PM

Dr Dreidel: Do you know how many lily-white soccer kids, safely bubble-wrapped in mom's crossover as she ferries little Cayden, Jayden, Aiden, Maiden, and Lleyton from ballet class in Cabin John to rock-climbing class in Gaithersburg before grabbing a glass of Pinot Perrier with the gals in the Town Center you put in danger?


As a man married to an elitist NE liberal wife who subscribes to this mode, and the father and FiL of two women cut from the same cloth, I'm definitely getting kicks from this.

/a little rougher around the edges
 
2014-01-14 02:39:51 PM

peasandcarrots: Ghastly: The uppitiness of neegros has increased exponentially with the duration of Obama's term as President. Study it out. Study it out.

You know, we joke about it a lot, but if you're arguing with a paleoconservative about Obama's policies, and you can keep the argument going for long enough, it really, really doesn't take long for their racism to show. Maybe fifteen, twenty minutes if you can keep it up. Sooner or later, they'll use a dogwhistle; all you have to do is pretend you don't know what the dogwhistle refers to, and they will go purple trying to explain it to you without using overtly racist language. It's hilarious.

"You know what I mean!"
"No, no I don't. What exactly do you mean by 'Urban?'"
"You know!!"
"No, I don't. I don't understand. What is this 'Urban' of which you speak that means something different from when I say 'urban?'"
"YOU KNOW!! URBAN!! JIGABOOS!! PORCH MONKEYS!! SPADES!! N*****S!!! SH*T I JUST SAID THAT OUT LOUD"

 
2014-01-14 02:41:24 PM
www.tickld.com
 
2014-01-14 02:42:03 PM
I write all my articles in bold and large font.
 
2014-01-14 02:43:40 PM

JusticeandIndependence: Articles By Chriss Street
Obama's Internal Devaluation Causes Income Inequality
Obama Railway Negligence goes Critical
Terrorism and the Russian Olympics
Bitcoin is Gold 2.0
Europe Cracks Down on Illegal Aliens
China Moon Landing A Military Threat
California Voters Agree State is Expensive and Lacks Jobs
Only the Private Sector Stimulates Job Growth
Energy Drives Asian Military Confrontation
The Truth Behind China Ending One-Child Policy
The First ObamaCare Casualty
Super Typhoon Haiyan Aftermath
Emerging Markets in Another Death-Spiral
Farewell, 'Death to America!'
Why the French Want to Dump the Euro
Bubblicious Fed Hurts Job Growth
China's Banking Crisis Begins
Failing to Build Keystone Pipeline is Criminal Negligence
Why China Wants To Dump the Dollar
America's New Obstruction Of Justice Crisis
Times Are A-Changin' For Conservatives
The American Revival of the Persian Empire
Captain Phillips Empathizes with Terrorists as Kenyans Die
Europe Declares the Welfare State Dead
The Millennial Generation Is Abandoning Liberalism


seriously.  i couldnt even get past that it was written by someone who has to constantly introduce themselves as "Chriss.  With two esses."
 
2014-01-14 02:43:55 PM

firefly212: The aphorism is used to refer to Reaganomics because he used it on multiple occasions.


Yeah, I know -- I shouldn't have used the passive voice there.
 
2014-01-14 02:50:09 PM

Arkanaut: firefly212: A rising tide only lifts all boats if you're rich enough to have a boat... otherwise you just drown. That's the problem with the Reaganomics thinking that persists to this day.

I hate the way that aphorism is used to refer to Reaganomics -- Reagan basically raised the bigger, fancier boats at the expense of the dinghies and rowboats.  I could make the same argument that a downward redistribution scheme like guaranteed basic income (you could even call it "trickle down"!) raises aggregate demand and therefore should be good for the whole economy, and thus "raises all boats", and so rich people should be for it.


These days, even if you're lucky enough to have a boat, the GOP is standing on the decks of progressively taller yachts throwing anvils at everything below deck height.

Dear GOP:
 
2014-01-14 02:52:19 PM
also, one of my fave flipping the bird gifs. (well, the abridged version for size at least).

25.media.tumblr.com
 
2014-01-14 02:53:31 PM

Dr Dreidel: DROxINxTHExWIND: Drove around Montgomery County, MD without a seatbelt on.

You MANIAC!

Do you know how many lily-white soccer kids, safely bubble-wrapped in mom's crossover as she ferries little Cayden, Jayden, Aiden, Maiden, and Lleyton from ballet class in Cabin John to rock-climbing class in Gaithersburg before grabbing a glass of Pinot with the gals in the Town Center you put in danger?

Mama might have had to actually use a turn signal!


You're making fun of where I live... sad day.

/Not entirely inaccurate though...
 
2014-01-14 02:53:33 PM
Aaaaand, Fark ate my gif. Here's a bigger one then...

Dear GOP:
31.media.tumblr.com
 
2014-01-14 02:55:42 PM
i43.tinypic.com
 
2014-01-14 02:57:20 PM

firefly212: [img.fark.net image 516x482]


Well done sir, well done. A cleaner version follows, but in some sense I like yours better. Feel free to use it as needed.

s29.postimg.org
 
2014-01-14 03:02:02 PM
img.fark.net
 
2014-01-14 03:02:50 PM
i53.tinypic.com

i51.tinypic.com

i52.tinypic.com

i54.tinypic.com

i51.tinypic.com


current numbers are the more of the same
 
2014-01-14 03:03:25 PM
The conservative alternate reality is a magical place, where facts are always a matter of convenience and only exist when they coincide with their narrative.
 
2014-01-14 03:03:30 PM
stream1.gifsoup.com
 
2014-01-14 03:04:26 PM

PC LOAD LETTER: Pocket Ninja: In exactly the same way that global terrorism wasn't a problem until 9/11.

And civil rights for African Americans wasn't a problem until they made a stink about it.


Just ask the Duck Dynasty guy...
 
2014-01-14 03:06:10 PM
img.fark.net

Don't think I've seen this one posted yet.
 
2014-01-14 03:07:59 PM

Arkanaut: firefly212: A rising tide only lifts all boats if you're rich enough to have a boat... otherwise you just drown. That's the problem with the Reaganomics thinking that persists to this day.

I hate the way that aphorism is used to refer to Reaganomics -- Reagan basically raised the bigger, fancier boats at the expense of the dinghies and rowboats.  I could make the same argument that a downward redistribution scheme like guaranteed basic income (you could even call it "trickle down"!) raises aggregate demand and therefore should be good for the whole economy, and thus "raises all boats", and so rich people should be for it.


Why would they be for it?  They already get massive tax breaks and bailouts from the government whenever they fark up, so why would they want to switch to a system where they have to rely on volatile forces like consumer demand to get their payout?  If you increase your employees' wages, they only might use that money to buy your product and increase your profits, but if you cut your employees' wages and pocket the rest, your profit is guaranteed.  Honestly, it's just simple risk assessment.
 
2014-01-14 03:10:51 PM

ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job



LOL. Don't let the smooth taste fool you. I'm from DC. I can hang with the best of them on here , but I can get ignorant as a mutherfarker, too. Thats why I always laugh when Farkers go internet gangster on me.
 
2014-01-14 03:18:56 PM
JerseyTim:
Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality


See also: http://www.conservapedia.com/Mystery:Why_Do_Non-Conservatives_Exist%3F

You know, for the LULZ...
 
2014-01-14 03:19:11 PM

Diogenes: [www.glitter-graphics.com image 10x10][imageshack.com image 338x260]


Sweet and sour chicken balls! How did I miss that.

Should've stuck with what I know

i4.photobucket.com
 
2014-01-14 03:19:36 PM

MayoSlather: The conservative alternate reality is a magical place, where facts are always a matter of convenience and only exist when they coincide with their narrative.


You mean like when it snowed in DC so that confirmed global warming was a hoax?
 
2014-01-14 03:20:35 PM

DROxINxTHExWIND: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job


LOL. Don't let the smooth taste fool you. I'm from DC. I can hang with the best of them on here , but I can get ignorant as a mutherfarker, too. Thats why I always laugh when Farkers go internet gangster gangsta on me.


What, are you from Germantown or something?
 
2014-01-14 03:23:18 PM

grumpfuff: Diogenes: grumpfuff: The sad thing is, for a Conservapedia article, that one is rigorous and well-sourced.

For example, they like to use anti-evolution arguments that even other ID-believers have long abandoned.

/Conservapedia is one of my favorite humor sites

Their bit about how Einstein's Theory of Relativity is a liberal excuse for situational ethics is one of my favs.

I dunno, their list of conservative movies/music is pretty hilarious too. They call Metallica conservatives, because they have a song called Don't Tread on Me.


Hetfield is definitely right-wing.  He just chooses not to make a big deal about it.
 
2014-01-14 03:23:18 PM

INeedAName: DROxINxTHExWIND: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job


LOL. Don't let the smooth taste fool you. I'm from DC. I can hang with the best of them on here , but I can get ignorant as a mutherfarker, too. Thats why I always laugh when Farkers go internet gangster gangsta on me.

What, are you from Germantown or something?


I was giving them the benefit of the doubt. I think when they go ITG its more of an Al Capone/ John Gotti thing (gangster) than it is a Freeway Rick Ross/ Big Meech thing (gangsta).


/Hope this clears it.
 
2014-01-14 03:23:42 PM
What an American Thinker economist might look like:

1.bp.blogspot.com
 
d23 [TotalFark]
2014-01-14 03:24:05 PM
images.sodahead.com
 
2014-01-14 03:25:25 PM

ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job


Care to translate for those of us who don't speak jive?
 
2014-01-14 03:25:26 PM

DROxINxTHExWIND: INeedAName: DROxINxTHExWIND: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job


LOL. Don't let the smooth taste fool you. I'm from DC. I can hang with the best of them on here , but I can get ignorant as a mutherfarker, too. Thats why I always laugh when Farkers go internet gangster gangsta on me.

What, are you from Germantown or something?

I was giving them the benefit of the doubt. I think when they go ITG its more of an Al Capone/ John Gotti thing (gangster) than it is a Freeway Rick Ross/ Big Meech thing (gangsta).


/Hope this clears it.


Fair enough. I'm super white and live in NW though, so I really should probably just keep my mouth shut!
 
2014-01-14 03:27:24 PM

mr.Curmudgeon: JerseyTim:
Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality


See also: http://www.conservapedia.com/Mystery:Why_Do_Non-Conservatives_Exist%3F

You know, for the LULZ...


First sentence in that article: Conservative principles are based on reason.

www.quickmeme.com
 
2014-01-14 03:27:30 PM
a good thing for them that we're kept at each other's throats.
 
2014-01-14 03:27:30 PM
showbizgeek.com
ic.pics.livejournal.com
 
2014-01-14 03:27:56 PM

Dr Dreidel: firefly212: [img.fark.net image 470x447]
Obama and his damned time machine...

Actually, from that graph it looks like we were on the way to fixing that inequality in the latter half of 2008 (the blue line bends down), when SOMETHING that occurred right around the start of 2009 reverses the trend.


Actually, that dip in the blue line is lined right up with August of '08.
 
2014-01-14 03:28:30 PM
I am actually going to agree with AT on this one.

In the previous administration income inequality was not a problem- it was a goal.
 
2014-01-14 03:29:42 PM
bitchslapmag.com
 
2014-01-14 03:29:42 PM

jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


The context should explain it all.

The first time I ever heard that term being used was about 10 or 12 years ago. I was at my sister's house and my nephew came in talking about two dogs fighting outside. He said "There are two dogs going ham out there". Like I said, that was the first time I ever heard that phrase, but I knew exactly what he meant, and when he said it, I cried laughing.
 
2014-01-14 03:30:21 PM

INeedAName: DROxINxTHExWIND: INeedAName: DROxINxTHExWIND: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job


LOL. Don't let the smooth taste fool you. I'm from DC. I can hang with the best of them on here , but I can get ignorant as a mutherfarker, too. Thats why I always laugh when Farkers go internet gangster gangsta on me.

What, are you from Germantown or something?

I was giving them the benefit of the doubt. I think when they go ITG its more of an Al Capone/ John Gotti thing (gangster) than it is a Freeway Rick Ross/ Big Meech thing (gangsta).


/Hope this clears it.

Fair enough. I'm super white and live in NW though, so I really should probably just keep my mouth shut!



Naw, not at all. We're getting used to seeing you all walking down the street now. You're one of us. LOL.
 
d23 [TotalFark]
2014-01-14 03:31:13 PM
sd.keepcalm-o-matic.co.uk
 
2014-01-14 03:31:58 PM

jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?



Hard
As a
Mutherfarker
 
d23 [TotalFark]
2014-01-14 03:32:17 PM
i1.ytimg.com
 
2014-01-14 03:33:58 PM

DROxINxTHExWIND: jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


Hard
As a
Mutherfarker


Wouldn't that be HAAM?
 
2014-01-14 03:36:24 PM

mr.Curmudgeon: JerseyTim:
Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality


See also: http://www.conservapedia.com/Mystery:Why_Do_Non-Conservatives_Exist%3F

You know, for the LULZ...


My God.....I don't even...I can't even laugh at it.
 
2014-01-14 03:38:42 PM
Serious Black:  First sentence in that article: Conservative principles are based on reason.

[www.quickmeme.com image 479x361]


I often enjoy reading Conservapedia, as a reminder of just how insane the Conservative movement has become. My favorite quote of late is on the "Dinosaur" page, and it's about disproving evolution:

"Archaeological, fossil, and documentary evidence supports the logical conclusion that dinosaurs co-existed with mankind until at least relatively recent times. [citation needed]"

The [citation needed] kills me! lol
 
2014-01-14 03:42:09 PM

mr.Curmudgeon: Serious Black:  First sentence in that article: Conservative principles are based on reason.

[www.quickmeme.com image 479x361]

I often enjoy reading Conservapedia, as a reminder of just how insane the Conservative movement has become. My favorite quote of late is on the "Dinosaur" page, and it's about disproving evolution:

"Archaeological, fossil, and documentary evidence supports the logical conclusion that dinosaurs co-existed with mankind until at least relatively recent times. [citation needed]"

The [citation needed] kills me! lol


well, on a cosmological time scale i suppose it's pretty close to each other.
 
2014-01-14 03:44:24 PM
Fun with DerpLibs!

_________ didn't exist until _______ came around.

1. Slavery didn't exist until Lincoln came around.
2. Strippers didn't exist until Howard Stern came around.
3. Big Macs didn't exist until Bill Clinton came around.
4. Cum stains didn't exist until Bill Clinton came around.
5. The internet didn't exist until Al Gore came around.
 
2014-01-14 03:46:08 PM

DROxINxTHExWIND: Ghastly: The uppitiness of neegros has increased exponentially with the duration of Obama's term as President. Study it out. Study it out.


I know I've been uppity as shiat since the inaugeration. Stared down a cop at a traffic light. Told an old white man to go fark himself in a Georgia Walmart parking lot for not yeilding to walkers. Drove around Montgomery County, MD without a seatbelt on.

/I been going HAM


Damn. I bet Granny is still Well-I-never-ing about that.

Which Atlanta suburb was it? Valdosta? Dalton?
 
2014-01-14 03:48:38 PM

mr.Curmudgeon: http://www.conservapedia.com/Mystery:Why_Do_Non-Conservatives_Exist%3 F


From your link:

What triggers reconsideration of liberal beliefs? Here are some estimates:
25%: raising or teaching children, and realizing how destructive liberal values are to many of them


That's as far as I got. If anything, I'm raising my kids more liberal than I am because the Right has turned into such giant pricks in the last 13 years... Yeah, they were douchebags before 2000, but for some reason, the Dubya era gave them some kind of free rein to become the biggest dicks possible, and now we have a Right Wing that makes the Reagan Era and the Anti-Clinton zealots look like a hippie love-in...
 
2014-01-14 03:49:37 PM

DROxINxTHExWIND: Ghastly: The uppitiness of neegros has increased exponentially with the duration of Obama's term as President. Study it out. Study it out.


I know I've been uppity as shiat since the inaugeration. Stared down a cop at a traffic light. Told an old white man to go fark himself in a Georgia Walmart parking lot for not yeilding to walkers. Drove around Montgomery County, MD without a seatbelt on.

/I been going HAM


Me too, but I'm white. I got a medal for each of those incidents.
 
2014-01-14 03:49:44 PM

God Is My Co-Pirate: Again I have to do this?

[i40.tinypic.com image 504x267]

[i42.tinypic.com image 665x440]
From this study: http://www.people.hbs.edu/mnorton/norton%20ariely%20in%20press.pdf
And this excellent video: http://www.youtube.com/watch?v=QPKKQnijnsM


Hey, stock wealth is not a true symbol of actual wealth. Stock certificates are ridiculously overvalued, as their price is based on what everyone thinks they're going to be worth at an arbitrary future date, not what they're actually worth.

Additional purchase of a finite number of betting slips by lower-income Americans will only serve to overvalue stocks even higher, taking real money from the circulating economy and sticking into that grand circle-jerk manipulated by the very wealthy for their own gains. Then, of course, they pay less taxes on these winning bets than the people that actually work for a living.

tl/dr, promotion of stock market "investment" as a symbol of wealth is in my opinion not a good idea, as it adds to the problem of reducing the circulating money and costs the economy big time.
 
2014-01-14 03:53:23 PM

ox45tallboy: Hey, stock wealth is not a true symbol of actual wealth. Stock certificates are ridiculously overvalued, as their price is based on what everyone thinks they're going to be worth at an arbitrary future date, not what they're actually worth.


the same applies to cash but stocks appreciate in value, cash generally depreciates.
//are there any objective risk free symbols of "actual" wealth?
 
2014-01-14 03:53:54 PM
img.fark.net
 
2014-01-14 03:54:27 PM

Pocket Ninja: In exactly the same way that global terrorism wasn't a problem until 9/11.


Or the mistreatment of minorities wasn't a problem until the civil rights movement.
 
2014-01-14 03:56:25 PM

DROxINxTHExWIND: jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


Hard
As a
Mutherfarker


I had to use Urban Dictionary.

Soooooooooo very white.
"Hee-Haw" white.
Owning polka records white.
Pat Boone singing Little Richard white.
"As a matter of fact, I do own a banjo!" white.
 
2014-01-14 03:56:34 PM

Pants full of macaroni!!: grumpfuff: Diogenes: grumpfuff: The sad thing is, for a Conservapedia article, that one is rigorous and well-sourced.

For example, they like to use anti-evolution arguments that even other ID-believers have long abandoned.

/Conservapedia is one of my favorite humor sites

Their bit about how Einstein's Theory of Relativity is a liberal excuse for situational ethics is one of my favs.

I dunno, their list of conservative movies/music is pretty hilarious too. They call Metallica conservatives, because they have a song called Don't Tread on Me.

Hetfield is definitely right-wing.  He just chooses not to make a big deal about it.



I have no aversion to saying (band) or (musician) is conservative. But basing that judgement on a song title is fking stupid.
 
2014-01-14 03:59:06 PM

mr.Curmudgeon: JerseyTim:
Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality


See also: http://www.conservapedia.com/Mystery:Why_Do_Non-Conservatives_Exist%3F

You know, for the LULZ...


The best part of any article is the talk page. Watching Andy flail around is just too amazing.
 
2014-01-14 04:01:44 PM

Obama's Reptiloid Master: Pocket Ninja: In exactly the same way that global terrorism wasn't a problem until 9/11.

Or the mistreatment of minorities wasn't a problem until the civil rights movement.


Or Native Americans didn't have a problem with sports teams using their tribal names, bigoted slurs about them or insulting caricatures of them as team names and mascots until white guilt liberals started complaining about it.

I'm starting to see a pattern.
 
2014-01-14 04:04:19 PM
Just watched Inequality for All a few nights ago. Nice to see people using historical and factual information to teach the younger generations.

http://inequalityforall.com
 
2014-01-14 04:04:47 PM
Two words.... Capital Gains... get rid of it and a sizable portion of our deficit will go away and it will slow down how fast the rich are getting richer.
 
2014-01-14 04:13:53 PM
It still wouldn't be a problem if people would just stop talking about it! I mean, doesn't anyone remember the rule about taking about money? It's crass. I would never dream of mentioning my net worth, even if my lawyer said it was okay. Besides, everything would be just fine if we could eliminate income tax. Some sort of a federal sales tax could take its place. That would encourage savings, too. I know that we would spend less; certainly we'd spend less here if there were higher sales taxes. Luckily, we spend a lot of the year at our other homes. You just can't trust the staff to keep things running smoothly if you don't pop in at least a month out of the year.

Anyway, as I was saying, it's crude to talk about money. Things were so much more pleasant before people were talking about income!
 
2014-01-14 04:16:34 PM

monoski: the same applies to cash but stocks appreciate in value, cash generally depreciates.
//are there any objective risk free symbols of "actual" wealth?


Good question. I would say income first and foremost, followed by home ownership and other "quality of life" indicators such as Internet access, education, debt (or lack thereof), and other actual assets.

That's not to say that stock ownership is currently not an indicator of wealth; I agree that it is, but I'm saying that it should not be. Stocks do "generally" appreciate in value, but take a look at any "hiccup" or "adjustment" and you can see who ALWAYS comes out on top.

My problem with stocks is that their ownership takes money out of the circulating economy. The higher stock prices go, the less money people have to spend, because the money made off stocks overwhelmingly is just plied right back into the stock market instead of being spent. The money to pay the winning bets has to come from somewhere, and it invariably comes from the circulating economy. This is not the case with investment in small businesses, where the value of the business is generally not much more than the sum of the assets it controls.
 
2014-01-14 04:17:57 PM

JerseyTim: JerseyTim: Diogenes: Income inequality in the United States has grown significantly since the early 1970s,[1][2][3][4][5] after several decades of stability,[6][7] and has been the subject of study of many scholars and institutions. While inequality has risen among most developed countries, and especially English-speaking ones, it is highest in the United States.[8][9][10] Income inequality (as measured by the Gini coefficient) is not uniform among the states: after-tax income inequality in 2009 was greatest in Texas and lowest in Maine.[11]

From those lying libs at Wikipedia.

Not so fast. Let's see what an unbiased source has to say.

Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality


Strangely enough that "article" (read: sentence) isn't entirely inaccurate... even since 2009 Congress hasn't exactly been bending over backwards to help the little guy.

Of course, the sentence doesn't specifically blame Obama, which is why I don't trust it

/Vote Potato/Palin 2016
 
2014-01-14 04:20:22 PM

nyseattitude: Just watched Inequality for All a few nights ago. Nice to see people using historical and factual information to teach the younger generations.

http://inequalityforall.com


I saw that when it first premiered in Lawrence. Didn't really have much information that I didn't already know; the two things I learned from that movie were how to pronounce Robert Reich's name correctly and that he's incredibly short. It was still pretty well put together, and somebody who hadn't dug into the information he presented in the movie would learn a ton.
 
2014-01-14 04:20:36 PM
This is what Republicans actually believe.

/American Stinker => NGTRTFA
 
2014-01-14 04:21:01 PM

Dr Dreidel: DROxINxTHExWIND: Drove around Montgomery County, MD without a seatbelt on.

You MANIAC!

Do you know how many lily-white soccer kids, safely bubble-wrapped in mom's crossover as she ferries little Cayden, Jayden, Aiden, Maiden, and Lleyton from ballet class in Cabin John to rock-climbing class in Gaithersburg before grabbing a glass of Pinot with the gals in the Town Center you put in danger?

Mama might have had to actually use a turn signal!


I work in Town Center, and those biatches will run you over in a heartbeat. The neon-yellow pedestrian crosswalks on N Washington and Beall Ave might as well be invisible.
 
2014-01-14 04:22:27 PM

give me doughnuts: DROxINxTHExWIND: jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


Hard
As a
Mutherfarker

I had to use Urban Dictionary.

Soooooooooo very white.
"Hee-Haw" white.
Owning polka records white.
Pat Boone singing Little Richard white.
"As a matter of fact, I do own a banjo!" white.



LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.


/I'd like to have intercourse with one of your women.
//for science
 
2014-01-14 04:24:13 PM

mr.Curmudgeon: Serious Black:  First sentence in that article: Conservative principles are based on reason.

[www.quickmeme.com image 479x361]

I often enjoy reading Conservapedia, as a reminder of just how insane the Conservative movement has become. My favorite quote of late is on the "Dinosaur" page, and it's about disproving evolution:

"Archaeological, fossil, and documentary evidence supports the logical conclusion that dinosaurs co-existed with mankind until at least relatively recent times. [citation needed]"

The [citation needed] kills me! lol



What "documentary evidence" might look like:

cdn8.staztic.com
 
2014-01-14 04:24:27 PM
Liberal logic would be funny to watch if it wasn't so sad and damaging.

Year in and year out they assure me that there is no inflation and that deficit spending is a great thing that we need more of.

Then later the same day they lament the fact that their wages have fallen in real terms and that the government spending didn't trickle down any more than the corporate spending did.
 
2014-01-14 04:28:04 PM

DROxINxTHExWIND: give me doughnuts: DROxINxTHExWIND: jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


Hard
As a
Mutherfarker

I had to use Urban Dictionary.

Soooooooooo very white.
"Hee-Haw" white.
Owning polka records white.
Pat Boone singing Little Richard white.
"As a matter of fact, I do own a banjo!" white.


LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.



CSB: My step kids have an African American father that they never see. We live in an upper middle class golf course neighborhood. We are raising the whitest black kids I have ever seen and I am not sure if I am doing them a favor or a disservice.

When people see them with just mom, no big deal. When we are all together (with my two wonder bread kids) we ALWAYS get asked if they are adopted.
 
2014-01-14 04:28:26 PM

dwrash: Two words.... Capital Gains... get rid of it and a sizable portion of our deficit will go away and it will slow down how fast the rich are getting richer.


You mean "increase it", right? As in increase the capital gains taxes back to where they were under Reagan?

I'm also in favor of taxing each and every stock sale (like, 0.01% or so) to reduce the market manipulation.
 
2014-01-14 04:29:32 PM

ox45tallboy: dwrash: Two words.... Capital Gains... get rid of it and a sizable portion of our deficit will go away and it will slow down how fast the rich are getting richer.

You mean "increase it", right? As in increase the capital gains taxes back to where they were under Reagan?

I'm also in favor of taxing each and every stock sale (like, 0.01% or so) to reduce the market manipulation.


I think he means tax all income as income and don't give preferential tax treatment to investment income.
 
2014-01-14 04:31:32 PM

ox45tallboy: monoski: the same applies to cash but stocks appreciate in value, cash generally depreciates.
//are there any objective risk free symbols of "actual" wealth?

Good question. I would say income first and foremost, followed by home ownership and other "quality of life" indicators such as Internet access, education, debt (or lack thereof), and other actual assets.

That's not to say that stock ownership is currently not an indicator of wealth; I agree that it is, but I'm saying that it should not be. Stocks do "generally" appreciate in value, but take a look at any "hiccup" or "adjustment" and you can see who ALWAYS comes out on top.

My problem with stocks is that their ownership takes money out of the circulating economy. The higher stock prices go, the less money people have to spend, because the money made off stocks overwhelmingly is just plied right back into the stock market instead of being spent. The money to pay the winning bets has to come from somewhere, and it invariably comes from the circulating economy. This is not the case with investment in small businesses, where the value of the business is generally not much more than the sum of the assets it controls.



I agree but stocks and other investments need to be taken into account because
1) it gives a picture of how many people are livin paycheck to paycheck, and
2) for the top tier, employment income is negligible compare to the accrual of investments.
 
2014-01-14 04:32:36 PM

DROxINxTHExWIND: LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.


/I'd like to have intercourse with one of your women.
//for science


CSB from me: I used to bartend at an all-black nightclub in Atlanta. There are soooo many stories I could tell. (Not to mention the "scientific research" I took part in). One of my favorite things was when a customer eating soup would say, "Y'all got any more crackers?" And I would shrug and say, "No ma'am, just me."
 
2014-01-14 04:33:06 PM

jst3p: I think he means tax all income as income and don't give preferential tax treatment to investment income.


Works for me, too.
 
2014-01-14 04:35:38 PM

Serious Black: nyseattitude: Just watched Inequality for All a few nights ago. Nice to see people using historical and factual information to teach the younger generations.

http://inequalityforall.com

I saw that when it first premiered in Lawrence. Didn't really have much information that I didn't already know; the two things I learned from that movie were how to pronounce Robert Reich's name correctly and that he's incredibly short. It was still pretty well put together, and somebody who hadn't dug into the information he presented in the movie would learn a ton.


Agreed, I was the same. I knew it was geared towards younger generations.
 
2014-01-14 04:36:50 PM

cchris_39: Liberal logic would be funny to watch if it wasn't so sad and damaging.

Year in and year out they assure me that there is no inflation


No they don't.


and that deficit spending is a great thing that we need more of.

Deficit spending is fine.

Then later the same day they lament the fact that their wages have fallen in real terms and that the government spending didn't trickle down any more than the corporate spending did

Care to offer any ideas for how to fix stagnant wages for lower and middle class America?


I mean I know you're trolling but damn, trolling on Fark used to mean something
 
2014-01-14 04:37:30 PM

God Is My Co-Pirate: I agree but stocks and other investments need to be taken into account because
1) it gives a picture of how many people are livin paycheck to paycheck, and
2) for the top tier, employment income is negligible compare to the accrual of investments.


No, you're right; as I said, it IS currently an indicator, I just don't think it should be, because I don't think that stocks are properly valued, nor is the exposure to risk of these "assets" taken into account. We should be promoting investment in smaller business that is not subject to the overvaluation and manipulation of the stock market.

But yes, currently, it IS an indicator of wealth because that's what "wealthy" people are buying.
 
2014-01-14 04:37:32 PM

jst3p: DROxINxTHExWIND: give me doughnuts: DROxINxTHExWIND: jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


Hard
As a
Mutherfarker

I had to use Urban Dictionary.

Soooooooooo very white.
"Hee-Haw" white.
Owning polka records white.
Pat Boone singing Little Richard white.
"As a matter of fact, I do own a banjo!" white.


LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.


CSB: My step kids have an African American father that they never see. We live in an upper middle class golf course neighborhood. We are raising the whitest black kids I have ever seen and I am not sure if I am doing them a favor or a disservice.

When people see them with just mom, no big deal. When we are all together (with my two wonder bread kids) we ALWAYS get asked if they are adopted.



Ok, have to put the jokes aside for this one.

Please, get that shiat out of your head and never consider it again. I don't care if you're black, white, or burgundy the important thing is that you are there for those kids. And if you think they're "acting white" it tells me that you're having an influence that is hopefully positive. It takes a man to raise someone else's children.


/Respect
 
2014-01-14 04:37:48 PM
Do you think those who write this crap actually believe it?

If they did actually believe it, does that make them more or less dangerous?
 
2014-01-14 04:38:54 PM

ox45tallboy: dwrash: Two words.... Capital Gains... get rid of it and a sizable portion of our deficit will go away and it will slow down how fast the rich are getting richer.

You mean "increase it", right? As in increase the capital gains taxes back to where they were under Reagan?

I'm also in favor of taxing each and every stock sale (like, 0.01% or so) to reduce the market manipulation.


That would be an epic move. Run it on the platform of "virtually eliminating the Capital Gains tax"
 
2014-01-14 04:40:14 PM

nyseattitude: Serious Black: nyseattitude: Just watched Inequality for All a few nights ago. Nice to see people using historical and factual information to teach the younger generations.

http://inequalityforall.com

I saw that when it first premiered in Lawrence. Didn't really have much information that I didn't already know; the two things I learned from that movie were how to pronounce Robert Reich's name correctly and that he's incredibly short. It was still pretty well put together, and somebody who hadn't dug into the information he presented in the movie would learn a ton.

Agreed, I was the same. I knew it was geared towards younger generations.


I was 29 when I saw it. Apparently I'm from an old generation now.

/get off my lawn!
 
2014-01-14 04:40:50 PM

DROxINxTHExWIND: give me doughnuts: DROxINxTHExWIND: jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


Hard
As a
Mutherfarker

I had to use Urban Dictionary.

Soooooooooo very white.
"Hee-Haw" white.
Owning polka records white.
Pat Boone singing Little Richard white.
"As a matter of fact, I do own a banjo!" white.


LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.


/I'd like to have intercourse with one of your women.
//for science


If you look like Blair Underwood, spouse 2.0 would volunteer.
Spouse 3.0 is more of a Denzel kind of gal.
 
2014-01-14 04:41:40 PM

God Is My Co-Pirate: 2) for the top tier, employment income is negligible compare to the accrual of investments.


Oh, and yes, that is an excellent point - it's impossible to show wealth for many of the richest any way other than on paper. (well, spreadsheet, but you know what I mean.) And their actual wealth doesn't even matter to them other than as a tool they can wield to increase it even further - most of these people spend only a fraction of their income / wealth.
 
2014-01-14 04:42:29 PM

ox45tallboy: dwrash: Two words.... Capital Gains... get rid of it and a sizable portion of our deficit will go away and it will slow down how fast the rich are getting richer.

You mean "increase it", right? As in increase the capital gains taxes back to where they were under Reagan?

I'm also in favor of taxing each and every stock sale (like, 0.01% or so) to reduce the market manipulation.


I'd assume he means, "tax capital gains the same way as ordinary income."

I'd agree with that except I'd like to keep some kind of exemption for the first $250k cap gains on a personal residence, as we now have.  It allows retired people to move from old big house to new small house without needing a mortgage that they couldn't afford.  But I probably could be talked out of that.
 
2014-01-14 04:44:36 PM

Pocket Ninja: In exactly the same way that global terrorism wasn't a problem until 9/11.


I'll get the lights.
 
2014-01-14 04:46:00 PM

mr.Curmudgeon: JerseyTim:
Let's see what an unfetchable biased source has to say:  http://www.conservapedia.com/Income_inequality


See also: http://www.conservapedia.com/Mystery:Why_Do_Non-Conservatives_Exist%3F

You know, for the LULZ...


The fact that there are living human beings that actually believe this bullsh*t makes it way too scarey for teh lulz...
 
2014-01-14 04:46:13 PM

DROxINxTHExWIND: /Respect


danke

They are good kids.


nyseattitude: That would be an epic move. Run it on the platform of "virtually eliminating the Capital Gains tax"


lol
 
2014-01-14 04:47:36 PM

DROxINxTHExWIND: LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.


/I'd like to have intercourse with one of your women.
//for science


I think we can arrange a trade. Do you mean specifically "white" (as in "not a Jewess"), or are my people kosher?

// I'll try to avoid the Long Islanders - no one wants ANOTHER short, whiny, brunette with a skewed perspective on life and fairness
// apologies to those from LI, y'all get a horrible rap
 
2014-01-14 04:50:13 PM
DROxINxTHExWIND:

I also get the honor of amending "Once you go black you never go back...unless you want to be able to qualify for a mortgage!"


/hung like a field mouse
 
2014-01-14 04:54:56 PM

Dr Dreidel: DROxINxTHExWIND: LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.


/I'd like to have intercourse with one of your women.
//for science

I think we can arrange a trade. Do you mean specifically "white" (as in "not a Jewess"), or are my people kosher?

// I'll try to avoid the Long Islanders - no one wants ANOTHER short, whiny, brunette with a skewed perspective on life and fairness
// apologies to those from LI, y'all get a horrible rap



LOL. No problem at all. Black people don't distinguish between white people and Jewish people. You're all white to us.

/Joking, but serious
 
2014-01-14 05:14:43 PM

NateAsbestos: Care to offer any ideas for how to fix stagnant wages for lower and middle class America?

I mean I know you're trolling but damn, trolling on Fark used to mean something


Not trolling - I think deficit spending is inflationary and that most of it trickles right into asset values leaving the little guy screwed again.

Let me answer your other question this way:  Whoever thought a "global economy" was a good idea was full of shiat.
 
2014-01-14 05:23:42 PM
OK - Everyone is right to point out the article's ridiculous conclusion that income inequality is somehow a problem exclusive to Obama.

But that doesn't change the fact that Obama's embrace of the Bernanke and now Yellen monetary experiment known as quantitative easing combined with the continued inability of the executive branches to eliminate the threat of TBTF through their broad powers to regulate the financial market hasn't exacerbated income inequality in this country.

The reality is that the SP500 is again trading at 25x its CAPE Shiller P/E. This is the fourth time since the S&P started providing a stock market index in the late 1800s that this number has crossed 25. It occurred immediately prior to the 1929 crash (peaking at 32x earnings), a few years prior to the tech bubble burst (peaking at an absurd 45x earnings), and prior to the housing bubble collapse (peaking at 27x earnings). The bubble will burst again. It will have a different name and a different "cause", but at the end of the day, the roots will remain and another Fed-induced bubble will emerge.
 
2014-01-14 05:32:23 PM

ox45tallboy: dwrash: Two words.... Capital Gains... get rid of it and a sizable portion of our deficit will go away and it will slow down how fast the rich are getting richer.

You mean "increase it", right? As in increase the capital gains taxes back to where they were under Reagan?

I'm also in favor of taxing each and every stock sale (like, 0.01% or so) to reduce the market manipulation.


Yes.. tax it like regular income.
 
2014-01-14 05:33:50 PM

NateAsbestos: cchris_39: Liberal logic would be funny to watch if it wasn't so sad and damaging.

Year in and year out they assure me that there is no inflation

No they don't.


and that deficit spending is a great thing that we need more of.

Deficit spending is fine.


Deficit spending was just fine by the RWNJs when george w. bush was beating the war drums.
 
2014-01-14 05:35:47 PM

justinguarini4ever: OK - Everyone is right to point out the article's ridiculous conclusion that income inequality is somehow a problem exclusive to Obama.

But that doesn't change the fact that Obama's embrace of the Bernanke and now Yellen monetary experiment known as quantitative easing combined with the continued inability of the executive branches to eliminate the threat of TBTF through their broad powers to regulate the financial market hasn't exacerbated income inequality in this country.

The reality is that the SP500 is again trading at 25x its CAPE Shiller P/E. This is the fourth time since the S&P started providing a stock market index in the late 1800s that this number has crossed 25. It occurred immediately prior to the 1929 crash (peaking at 32x earnings), a few years prior to the tech bubble burst (peaking at an absurd 45x earnings), and prior to the housing bubble collapse (peaking at 27x earnings). The bubble will burst again. It will have a different name and a different "cause", but at the end of the day, the roots will remain and another Fed-induced bubble will emerge.


So I should prepare for another economic collapse in the near future?
 
2014-01-14 05:39:12 PM

Lee Jackson Beauregard: NateAsbestos: cchris_39: Liberal logic would be funny to watch if it wasn't so sad and damaging.

Year in and year out they assure me that there is no inflation

No they don't.


and that deficit spending is a great thing that we need more of.

Deficit spending is fine.

Deficit spending was just fine by the RWNJs when george w. bush was beating the war drums.


We have made it way to easy in this county to wage non-defensive wars... it needs to STOP.  There was no reason to invade Iraq or Afghanistan.
 
2014-01-14 05:42:29 PM

Lee Jackson Beauregard: NateAsbestos: cchris_39: Liberal logic would be funny to watch if it wasn't so sad and damaging.

Year in and year out they assure me that there is no inflation

No they don't.


and that deficit spending is a great thing that we need more of.

Deficit spending is fine.

Deficit spending was just fine by the RWNJs when george w. bush was beating the war drums.


~izquotes.com
 
2014-01-14 05:58:23 PM
In a sick way, American Stinkhole is correct--Income inequality was not a problem until Obama took office. No, in REALITY, where non-Republicans live, income inequality has been a huge problem and has gotten tremendously worse since Vietnam and especially since Reagan. But now income inequality and corporate and wall street deregulation has gotten so bad, with one party wholly owned by business interests, that the good ol' boys network cannot control the messaging anymore. Even milquetoast shill news like CNN will display the graph of how middle class income has stagnated from time to time. Income inequality has gotten so bad that even the mountains of bullshiat shoveled on it by the GOP and Fox news can't cover it up anymore. To blame the black guy in office is just projection, per the tired playbook the right in this nation has not updated since 1983.
 
2014-01-14 06:20:32 PM

Stone Meadow: Lee Jackson Beauregard: NateAsbestos: cchris_39: Liberal logic would be funny to watch if it wasn't so sad and damaging.

Year in and year out they assure me that there is no inflation

No they don't.


and that deficit spending is a great thing that we need more of.

Deficit spending is fine.

Deficit spending was just fine by the RWNJs when george w. bush was beating the war drums.

~


And I have defended the RINO's when?
 
2014-01-14 06:30:00 PM

cchris_39: they assure me that there is no inflation and that deficit spending is a great thing that we need more of.  Then later the same day they lament the fact that their wages have fallen in real terms and that the government spending didn't trickle down any more than the corporate spending did.


Anyone who can explain why (and when) deficit spending is a great thing will not have the cognitive dissonance to deny persistent inflation and to concurrently hold the belief that trickle-down comes from government spending.  Either you misunderstood what they were saying, or you're making shiat up.
 
2014-01-14 06:36:47 PM

DROxINxTHExWIND: jst3p: DROxINxTHExWIND: give me doughnuts: DROxINxTHExWIND: jst3p: ongbok: DROxINxTHExWIND: /I been going HAM

Never thought that I would see that phrase used on Fark, and you used it in the perfect context. Good job

Care to translate for those of us who don't speak jive?


Hard
As a
Mutherfarker

I had to use Urban Dictionary.

Soooooooooo very white.
"Hee-Haw" white.
Owning polka records white.
Pat Boone singing Little Richard white.
"As a matter of fact, I do own a banjo!" white.


LOL! You all are interesting to me. I remember going home after my day on a corporate job and telling my man Black, "These are REAL white people. The kind you see on 'Friends'". I would study them. Their humor. Their likes and dislikes. Their passions. I think its hilarious when something bad happens and a white guy gives up the sarcastic, "Great job" or "This is super". LOL! I don;t know why.


CSB: My step kids have an African American father that they never see. We live in an upper middle class golf course neighborhood. We are raising the whitest black kids I have ever seen and I am not sure if I am doing them a favor or a disservice.

When people see them with just mom, no big deal. When we are all together (with my two wonder bread kids) we ALWAYS get asked if they are adopted.


Ok, have to put the jokes aside for this one.

Please, get that shiat out of your head and never consider it again. I don't care if you're black, white, or burgundy the important thing is that you are there for those kids. And if you think they're "acting white" it tells me that you're having an influence that is hopefully positive. It takes a man to raise someone else's children.


/Respect


Fully agreed with DROxINxTHExWIND there. Kudos R yours.

But to one-up give me doughuts, here's how white I am.
 
2014-01-14 06:38:25 PM
Obama's been in office for six years now. I think it's okay to talk about new things in this span of time.
 
2014-01-14 06:43:46 PM
I don't get the outrage over income inequality. I make whatever money I make, and I live off of it. Over the course of my adult life, I've done many things to increase my income and prepare for my retirement. Why should I care how much other people have? Plus, the average person on Earth only makes about $10,000 per year; those who think income inequality is evil are in for a rude awakening (and a drastic lowering of their standard of living) if they ever achieve their goal of eliminating it.
 
2014-01-14 06:50:43 PM

Dusk-You-n-Me: The Anti-Scientific Revolution in Macroeconomics

Faith based economics. Wrong about everything.


I was going to read that, then saw that it was a link to a Krugman column. There is nothing scientific about 99% of economics, and 100% of Keynesianism. In fact, Vernon L. Smith won the Nobel prize in economics in 2002 for having the genius to apply the scientific method to economics, which hadn't been done before. His work led him to abandon the Keynesian school, as it does not hold up under scientific scrutiny. You'll never guess what school of economic thought does hold up? I'll let you google it... wouldn't want to spoil the surprise.
 
2014-01-14 06:51:49 PM

DrPainMD: I don't get the outrage over income inequality. I make whatever money I make, and I live off of it. Over the course of my adult life, I've done many things to increase my income and prepare for my retirement. Why should I care how much other people have? Plus, the average person on Earth only makes about $10,000 per year; those who think income inequality is evil are in for a rude awakening (and a drastic lowering of their standard of living) if they ever achieve their goal of eliminating it.


It's not about caring how much other people have. It's caring about how they are getting it.

Simply put, the deck is stacked.
 
2014-01-14 07:02:18 PM

DrPainMD: I was going to read that, then saw that it was a link to a Krugman column.


Well bully for you.
 
2014-01-14 07:05:51 PM

Dusk-You-n-Me: DrPainMD: I was going to read that, then saw that it was a link to a Krugman column.

Well bully for you.


But Krugman is wrong because his beard is stupid and furthermore.
 
2014-01-14 07:11:57 PM

muck1969: cchris_39: they assure me that there is no inflation and that deficit spending is a great thing that we need more of.  Then later the same day they lament the fact that their wages have fallen in real terms and that the government spending didn't trickle down any more than the corporate spending did.

Anyone who can explain why (and when) deficit spending is a great thing will not have the cognitive dissonance to deny persistent inflation and to concurrently hold the belief that trickle-down comes from government spending.  Either you misunderstood what they were saying, or you're making shiat up.


Yes with terms like "stimulus", and "multiplier effect", and "marginal utility of a dollar" it does sound very academic and confusing.

It seems to me that if the federal government gives a poor person money to spend, the man who owns the grocery store and the wal-mart will be the ones who get richer, not the poor man.

Why should they provide a wage to the poor man when they can simply wait on the federal government to give him
more money to spend on their wares?
 
2014-01-14 07:14:54 PM

cchris_39: It seems to me that if the federal government gives a poor person money to spend, the man who owns the grocery store and the wal-mart will be the ones who get richer, not the poor man.

Why should they provide a wage to the poor man when they can simply wait on the federal government to give him
more money to spend on their wares?


So you're for a guaranteed minimum income?
 
2014-01-14 07:19:05 PM

DrPainMD: His work led him to abandon the Keynesian school


It's so cute how you have absolutely no clue what you're talking about.
 
2014-01-14 07:40:06 PM

cchris_39: Stone Meadow: Lee Jackson Beauregard: NateAsbestos: cchris_39: Liberal logic would be funny to watch if it wasn't so sad and damaging.

Year in and year out they assure me that there is no inflation

No they don't.


and that deficit spending is a great thing that we need more of.

Deficit spending is fine.

Deficit spending was just fine by the RWNJs when george w. bush was beating the war drums.

~

And I have defended the RINO's when?


The very act of calling Dubya a RINO just shows that anything else you say can be safely ignored.
 
2014-01-14 07:52:10 PM

DrPainMD: Dusk-You-n-Me: The Anti-Scientific Revolution in Macroeconomics

Faith based economics. Wrong about everything.

I was going to read that, then saw that it was a link to a Krugman column. There is nothing scientific about 99% of economics, and 100% of Keynesianism. In fact, Vernon L. Smith won the Nobel prize in economics in 2002 for having the genius to apply the scientific method to economics, which hadn't been done before. His work led him to abandon the Keynesian school, as it does not hold up under scientific scrutiny. You'll never guess what school of economic thought does hold up? I'll let you google it... wouldn't want to spoil the surprise.


thumbs2.ebaystatic.com
 
2014-01-14 08:37:26 PM
Why is it that without even RTFA I know that this is some GOP chucklehead gloating over their assaults on the poor and middle class while demanding Obama come personally apologize like a good little whipping boy and stop being so darned uppity.

/secede already, you clownshoes.
 
2014-01-14 08:47:02 PM

justinguarini4ever: OK - Everyone is right to point out the article's ridiculous conclusion that income inequality is somehow a problem exclusive to Obama.

But that doesn't change the fact that Obama's embrace of the Bernanke and now Yellen monetary experiment known as quantitative easing combined with the continued inability of the executive branches to eliminate the threat of TBTF through their broad powers to regulate the financial market hasn't exacerbated income inequality in this country.

The reality is that the SP500 is again trading at 25x its CAPE Shiller P/E. This is the fourth time since the S&P started providing a stock market index in the late 1800s that this number has crossed 25. It occurred immediately prior to the 1929 crash (peaking at 32x earnings), a few years prior to the tech bubble burst (peaking at an absurd 45x earnings), and prior to the housing bubble collapse (peaking at 27x earnings). The bubble will burst again. It will have a different name and a different "cause", but at the end of the day, the roots will remain and another Fed-induced bubble will emerge.


static.seekingalpha.com
 
2014-01-14 08:58:59 PM

DrPainMD: Dusk-You-n-Me: The Anti-Scientific Revolution in Macroeconomics

Faith based economics. Wrong about everything.

I was going to read that, then saw that it was a link to a Krugman column. There is nothing scientific about 99% of economics, and 100% of Keynesianism. In fact, Vernon L. Smith won the Nobel prize in economics in 2002 for having the genius to apply the scientific method to economics, which hadn't been done before. His work led him to abandon the Keynesian school, as it does not hold up under scientific scrutiny. You'll never guess what school of economic thought does hold up? I'll let you google it... wouldn't want to spoil the surprise.


Careful - you're way oversimplifying. Economics is largely about mathematic proofs - Smith's work involved economic experimentation, a problematic thing to begin with because of so many variables over which there's no control. That's the single most absurd thing about, "austerity didn't work!" or, "Spending didn't work!" It could have gotten worse. So maybe it DID work. And it's nigh impossible to compare even neighboring economies. The regulations differ too vastly for sophomoric declarations of victory or defeat.

There is nothing new in the idea of applying the scientific method to economics.
 
2014-01-14 09:02:21 PM

Zeno-25: DrPainMD: Dusk-You-n-Me: The Anti-Scientific Revolution in Macroeconomics

Faith based economics. Wrong about everything.

I was going to read that, then saw that it was a link to a Krugman column. There is nothing scientific about 99% of economics, and 100% of Keynesianism. In fact, Vernon L. Smith won the Nobel prize in economics in 2002 for having the genius to apply the scientific method to economics, which hadn't been done before. His work led him to abandon the Keynesian school, as it does not hold up under scientific scrutiny. You'll never guess what school of economic thought does hold up? I'll let you google it... wouldn't want to spoil the surprise.

[thumbs2.ebaystatic.com image 144x225]


The thing is that Marx was brilliant - his criticisms of the state of economics in the early 19th century were spot-on. I'm in awe. Too bad he was completely farking wrong about everything else.
 
2014-01-14 09:52:10 PM

cchris_39: NateAsbestos: Care to offer any ideas for how to fix stagnant wages for lower and middle class America?

I mean I know you're trolling but damn, trolling on Fark used to mean something

Not trolling - I think deficit spending is inflationary and that most of it trickles right into asset values leaving the little guy screwed again.

Let me answer your other question this way:  Whoever thought a "global economy" was a good idea was full of shiat.


They are called business owners and guess which party many of them belong to?

Hint:  The party name starts with same first letter found in the word "Retarded".
 
2014-01-14 09:53:46 PM

super_grass: Obama's been in office for six years now. I think it's okay to talk about new things in this span of time.


This is his sixth year in office.  He hasn't been in office for six years.

See the difference?  (Please, please, tell me you do)
 
2014-01-14 09:55:14 PM

coeyagi: super_grass: Obama's been in office for six years now. I think it's okay to talk about new things in this span of time.

This is his sixth year in office.  He hasn't been in office for six years.

See the difference?  (Please, please, tell me you do)


Actually, f*ck that noise.  He still has 6 more days in office for his 5th year.
 
2014-01-14 10:18:28 PM
media3.giphy.com
 
2014-01-14 11:03:44 PM
media2.giphy.com
 
2014-01-15 12:00:24 AM

DrPainMD: There is nothing scientific about 99% of economics, and 100% of Keynesianism.

Interesting premise - both of those appear completely incorrect.  Can you back up your assertions?

In fact, Vernon L. Smith won the Nobel prize in economics in 2002 This is true.

for having the genius to apply the scientific method to economics Wrong.  Smith got the Nobel for work in applying the experimental method to econ.  Not at all the same thing.

, which hadn't been done before. Wrong.  Any number of economists before the 1970s used a variety of test methods, data analysis, and comparative methodologies for a variety of economic subjects and studies.

His work led him to abandon the Keynesian school This implies that he ever supported the Keynesian school, which doesn't appear evident.  Do you have anything besides your bare assertion?  To both parts, support and abandonment, plz.

, as it does not hold up under scientific scrutiny. Wrong.  It does so far, during the history of the past 100 years.  Please see Recession of 1937 for what happens when you have a Keynesian stimulus vs when it gets removed, Reagan's increase in defense spending, and the success of the recent ARRA (2009 Obama stimulus program) vs when it ended.  Here, I'll help illustrate that last one:
farm7.static.flickr.com
Extra fun:  Your pal Vernon L. Smith was against the ARRA - said it wouldn't work.  Let's apply the scientific method and review the results to see if Smith or Keynes/Obama was right, shall we?

You'll never guess what school of economic thought does hold up?I'll let you google it... wouldn't want to spoil the surprise. You're the one making the assertion, you google it and show us all how right you are.

It ain't the Austrian School for sure though, if that's what you're trying to claim.  The Freshwater guys can't even get past their office doorways to find a real-world case where Austrian Econ is correct.
 
2014-01-15 12:04:38 AM
timenewsfeed.files.wordpress.com
 
2014-01-15 12:05:32 AM
Sorry Jackson - just felt a larger image was required.
 
2014-01-15 12:17:41 AM

El Pachuco: DrPainMD: There is nothing scientific about 99% of economics, and 100% of Keynesianism. Interesting premise - both of those appear completely incorrect.  Can you back up your assertions?

In fact, Vernon L. Smith won the Nobel prize in economics in 2002 This is true.

for having the genius to apply the scientific method to economics Wrong.  Smith got the Nobel for work in applying the experimental method to econ.  Not at all the same thing.

, which hadn't been done before. Wrong.  Any number of economists before the 1970s used a variety of test methods, data analysis, and comparative methodologies for a variety of economic subjects and studies.

His work led him to abandon the Keynesian school This implies that he ever supported the Keynesian school, which doesn't appear evident.  Do you have anything besides your bare assertion?  To both parts, support and abandonment, plz.

, as it does not hold up under scientific scrutiny. Wrong.  It does so far, during the history of the past 100 years.  Please see Recession of 1937 for what happens when you have a Keynesian stimulus vs when it gets removed, Reagan's increase in defense spending, and the success of the recent ARRA (2009 Obama stimulus program) vs when it ended.  Here, I'll help illustrate that last one:
[farm7.static.flickr.com image 500x359]
Extra fun:  Your pal Vernon L. Smith was against the ARRA - said it wouldn't work.  Let's apply the scientific method and review the results to see if Smith or Keynes/Obama was right, shall we?


Obama isn't a Keynesian. So let me stop you right there before you say anything else.
 
2014-01-15 12:24:07 AM
Since there are too many replies to my post for me to answer each one individually, allow this to answer all of you:

farm4.staticflickr.com
 
2014-01-15 12:28:12 AM

DrPainMD: Since there are too many replies to my post for me to answer each one individually, allow this to answer all of you:

[farm4.staticflickr.com image 640x360]


If you can't back up your statement, why not make yourself look like a total douche in the process?

Mission: Achieved.
 
2014-01-15 12:30:21 AM
Austrian economics has been proven to work in the past. Just look at...
 
2014-01-15 12:34:20 AM

zarberg: Do you think those who write this crap actually believe it?

If they did actually believe it, does that make them more or less dangerous?


1. Yes
2. More
 
2014-01-15 03:06:13 AM

justinguarini4ever: Obama isn't a Keynesian. So let me stop you right there before you say anything else.


Obama definitely tried to be a Keynesian.  The Republicans made it clear they would let the nation burn to the ground before they'd let him take credit for the recovery.  Obama decided to take a minor victory instead of a Pyhrric one. Your statement is invalid.
 
2014-01-15 09:06:51 AM

DROxINxTHExWIND: Ghastly: The uppitiness of neegros has increased exponentially with the duration of Obama's term as President. Study it out. Study it out.


I know I've been uppity as shiat since the inaugeration. Stared down a cop at a traffic light. Told an old white man to go fark himself in a Georgia Walmart parking lot for not yeilding to walkers. Drove around Montgomery County, MD without a seatbelt on.

/I been going HAM


SIR! I must ask that you restrain yourself before you give the women folk the vapours.
 
2014-01-15 10:54:00 AM

justinguarini4ever: Obama isn't a Keynesian. So let me stop you right there before you say anything else.


What - KINO?
 
2014-01-15 10:57:25 AM

Mrtraveler01: Austrian economics has been proven to work in the past. Just look at...


Austrian economics is closer to the answer than Keynesian, but it has some fundamentally bad ideas. I'll stick to classical economics while the math supports it.
 
2014-01-15 11:54:28 AM
Its great to see how everyone here argues against subby's straw man and not against what TFA actually said.
 
2014-01-15 10:25:09 PM

coeyagi: Fun with DerpLibs!

_________ didn't exist until _______ came around.

1. Slavery didn't exist until Lincoln came around.
2. Strippers didn't exist until Howard Stern came around.
3. Big Macs didn't exist until Bill Clinton came around.
4. Cum stains didn't exist until Bill Clinton came around.
5. The internet didn't exist until Al Gore came around.


Damn, I did all this work and then I see the above post, which is very similar in sentiment if not content.

Oh, well. Here it is any way:

The Civil War wasn't a problem until Lincoln took office.

World War II wasn't a problem until FDR took office.

The Atomic Bomb and the USSR wasn't a problem until Truman took office.

Television wasn't a problem until Eisenhower took office.

Vietnam wasn't a problem until LBJ took office after JFK mysteriously disappeared shortly after having talked about withdrawal of some American troops.

Dick Cheney wasn't a problem until Bush asked him to find a Vice-President.

And nothing was a problem until Obama got his hands on that damn Lincoln time machine.

No problems here, chum . . . p!

No sense of history, either.

Notice how closely connected problems are to solutions.

Christians say that God never gives us a problem too big for us to solve. Atheists and secularists say that man only embraces the problems that he is ready to solve. Personally, I find that Man is curiously busy creating problems unawares until the problems become unavoidable and then and only then, does Man attempt to solve them, so yes the problems exist first and solutions come after they are acknowledged as such.

One can not deny that unequality has always been with us, like poverty, and that it has been growing since the conservatives regrouped under Nixon in the late 1960s, but despite being around for 50 years, it has only now been labelled a problem--sort of like Obama. Yes, very like Obama. Not a problem in August, 1961. Although that is when the alleged conspiracy to conceal his birthplace must have started, if not earlier.

Sort of like Jesus--no sooner was he born and a vast left-wing conspiracy covered up his Nativity in Bethlehem so King Herod wouldn't find out where he was and settle his hash in the cradle, so to speak. Even so, there was a Massacre of Innocents which Nietzsche said weighed so heavily on young Jesus' mind that he punished himself for it all his life and by his ignominious death.
 
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