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(Vox)   Steven Mnuchin is a certified mnoron   (vox.com) divider line
    More: Dumbass, Unemployment, Economics, Recession, Economy of the United States, Great Depression, Business cycle, United States housing market correction, Macroeconomics  
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3995 clicks; posted to Politics » on 20 Apr 2020 at 5:53 AM (23 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



40 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2020-04-20 3:43:13 AM  
the in-touch-with-reality "an american can live for 10 weeks on $1200" and "this gold-diggin' blonde scottish blow-up doll wanna-be actress only married me for the love deep in my heart" Mnuchin?

you don't say.
 
2020-04-20 4:50:02 AM  
He knows it's not true, but they have an election to win!
 
2020-04-20 5:53:44 AM  
He needs a punch in the mnuts.
 
2020-04-20 5:59:07 AM  
It will for him.
 
2020-04-20 6:01:10 AM  
My anal cavity limit for having sunshine blown up it has reached maximum capacity.
 
2020-04-20 6:02:48 AM  
It's got to be getting tough for comedy writers since the world started writing it for them.
 
2020-04-20 6:07:51 AM  
He also said putting Trumpy's name on the stimulus checks was his own idea, not Trump's.  You also should be able to live off of the usual $1200 for months and months.  Also, he was a producer for Batman V. Superman.  I'm guessing it was his personal idea that "Whoa, both of their moms names are Martha...make that a huge plot point."  So yeah, this guy is full of good ideas.
 
2020-04-20 6:09:55 AM  
That would be bad news for dems.
 
2020-04-20 6:25:00 AM  

luna1580: the in-touch-with-reality "an american can live for 10 weeks on $1200" and "this gold-diggin' blonde scottish blow-up doll wanna-be actress only married me for the love deep in my heart" Mnuchin?

you don't say.


Hey you left out Hollywood producer too, was gonna make fun of his movies but he had some good ones there, damnit.  And you know Hollywood producers are always honest people of integrity.
 
2020-04-20 6:35:29 AM  

Officer Barrelroll: It will for him.


It never suffered a dip for him.
 
2020-04-20 6:35:36 AM  

Deep Contact: That would be bad news for dems.


Hush, ShallowMolestation, adults are talking.
 
2020-04-20 6:39:35 AM  

OmnomnomCookies: He also said putting Trumpy's name on the stimulus checks was his own idea, not Trump's.  You also should be able to live off of the usual $1200 for months and months.  Also, he was a producer for Batman V. Superman.  I'm guessing it was his personal idea that "Whoa, both of their moms names are Martha...make that a huge plot point."  So yeah, this guy is full of good ideas.


He said putting it on the memo line was his idea, but that Trump would be within his rights to actually be the signatory of the check. I think he or his people talked Trump out of claiming the actual signature line and convinced him to just have his name on the memo line.
 
2020-04-20 6:42:39 AM  

luna1580: the in-touch-with-reality "an american can live for 10 weeks on $1200"


OmnomnomCookies: You also should be able to live off of the usual $1200 for months and months.


What are you farkers talking about? Of course you can live for 10 weeks on $1200. That's $17 per day.

Sure, at the end your utilities will have been turned off, you'll be facing eviction, your car will have been repo'd, but unless you are dependent on some sort of medication or have some other health emergency in that time, (but c'mon, we're not socialists, you don't need healthcare), you will have enough to still be alive.
 
2020-04-20 6:57:20 AM  
He didn't say how many months.
 
2020-04-20 7:07:19 AM  
Wtf is he talking about. It wasn't even partisan - every economist (who already lean heavily right) predicted a recession before COVID even hit.
 
2020-04-20 7:09:18 AM  

Mad Scientist: He didn't say how many months.


I stand corrected, 2.5 months approx.
"I think the entire package provides economic relief overall for about 10 weeks," Mnuchin told CBS's "Face the Nation." "Hopefully we will kill this virus quicker and we won't need it, but we have liquidity to put into the American economy to support American workers and American business."
 
2020-04-20 7:18:49 AM  

Wyalt Derp: He knows it's not true, but they have an election to win! Mnuchin has a job to keep!


FTFY.

Let's not pretend that these people are doing the "happy talk" dance in order to placate Dear Leader. They don't necessarily even care about the election because few of them see having a job longer than that anyway, with this administration's turnover rate. The only reason Fauci is being allowed in the briefing is because Trump is that >< much aware that Fauci is driving a ratings bump through their "feud." But ultimately, Trump is the boss, and he had to bring Fauci to heel in order to allow him to continue to advising the American public: the fact that Fauci is a trusted experts means absolutely ZILCH to Trump.

So yeah. . . welcome to the ass-kissing administration. *sigh*
 
2020-04-20 7:33:33 AM  
Subby should've used the repeat tab; calling Mnuchin a moron is redundant.
 
2020-04-20 8:04:17 AM  
Naw, he's right. There's all this pent up demand now, what with trillions of dollars in stimulus spending coming down the wire, and everyone trapped at home doing nothing. Frankly, I'd be surprised if we don't have full employment by the first of June.

Anything less must be viewed as a failure of the Trump administration.
 
2020-04-20 8:09:38 AM  
Well, the Company Line is that the economy is back by the last week of October, right? Because the election is the following week.
 
2020-04-20 8:19:58 AM  

Deep Contact: That would be bad news for dems.


No. It would be bad news for republicans, because if it was all so easy there'd be no need for all the tax breaks and stimulus packages you and your billionaire associates can grift now.
 
2020-04-20 8:28:32 AM  

OmnomnomCookies: Mad Scientist: He didn't say how many months.

I stand corrected, 2.5 months approx.
"I think the entire package provides economic relief overall for about 10 weeks," Mnuchin told CBS's "Face the Nation." "Hopefully we will kill this virus quicker and we won't need it, but we have liquidity to put into the American economy to support American workers and American business."


We'll be lucky if the thing only lasts 10 months, 10 weeks is just dumb.
 
2020-04-20 8:49:22 AM  
"Not just on the testing but on the medical front - we begin to have virals [sic] - there are things that are being developed for vaccines which will take a little bit longer."

Yep.  He has no idea what he's talking about.  "I am Steve Mnuchin.  I are very smart.  Money printer go brrr."
 
2020-04-20 8:52:44 AM  
After he graduated from Yale University in 1985, Mnuchin worked for investment bank Goldman Sachs for 17 years, eventually becoming its chief information officer. After he left Goldman Sachs in 2002, he worked for and founded several hedge funds. Mnuchin was a member of Sears Holdings's board of directors from 2005 until December 2016, and before that was on Kmart's board of directors.[5] After Sears went bankrupt, the company that formerly owned it sued Mnuchin and ex-CEO Edward Lampert for "asset stripping" during their tenure.[6] During the financial crisis of 2007-2008, Mnuchin bought failed residential lender IndyMac. He changed the name to OneWest Bank and rebuilt the bank, then sold it to CIT Group in 2015. During his time as OneWest CEO and chairman, the bank became embroiled in several lawsuits over questionable foreclosures.

If I were a billionaire I'd hire someone to scrub my wiki page daily.  Jus sayin'
 
2020-04-20 8:53:52 AM  
Stevie...

Fark user imageView Full Size
 
2020-04-20 8:54:01 AM  
Mnuchin attended Riverdale Country School in New York City

So, that's whatever became of Jughead.
 
2020-04-20 8:57:54 AM  

Deep Contact: That would be bad news for dems.


Derp Contact
 
2020-04-20 9:16:44 AM  

Harry Freakstorm: After he graduated from Yale University in 1985, Mnuchin worked for investment bank Goldman Sachs for 17 years, eventually becoming its chief information officer. After he left Goldman Sachs in 2002, he worked for and founded several hedge funds. Mnuchin was a member of Sears Holdings's board of directors from 2005 until December 2016, and before that was on Kmart's board of directors.[5] After Sears went bankrupt, the company that formerly owned it sued Mnuchin and ex-CEO Edward Lampert for "asset stripping" during their tenure.[6] During the financial crisis of 2007-2008, Mnuchin bought failed residential lender IndyMac. He changed the name to OneWest Bank and rebuilt the bank, then sold it to CIT Group in 2015. During his time as OneWest CEO and chairman, the bank became embroiled in several lawsuits over questionable foreclosures.

If I were a billionaire I'd hire someone to scrub my wiki page daily.  Jus sayin'


And it would be immediately unscrubbed.
 
2020-04-20 9:56:26 AM  
How do you know he's a witch?
He turned into a mnewt.
 
2020-04-20 10:04:18 AM  

Tyrone Slothrop: Deep Contact: That would be bad news for dems.

Derp Contact


Your mom still calls me Deep Contact.
 
2020-04-20 10:08:21 AM  
Not-an-economist here.

Someone smart explain to me why things shouldn't bounce back quickly?  I mean, assuming that the economy was basically healthy a few months ago, there has been no shift in fundamentals. All we have is everyone holding their breath for a while.

Once we are able to work and spend at normal rates again, why wouldn't things continue more or less apace with "before?"

I get that there will be an absolute loss of value during the downtime, but why should that have a permanent effect? Beyond a "correction," that is?

/trying to learn and improve myself during quarantine...
 
2020-04-20 10:26:24 AM  
Secretary of Hopes, Dreams, and Unicorn Horns
 
2020-04-20 10:37:49 AM  

Mad Scientist: He didn't say how many months.


*THIS*...

My mortgage is measured in months
 
2020-04-20 11:43:30 AM  
Ask anyone with a toddler. You can measure years in months.
 
2020-04-20 11:51:49 AM  

Rambino: Not-an-economist here.

Someone smart explain to me why things shouldn't bounce back quickly?  I mean, assuming that the economy was basically healthy a few months ago, there has been no shift in fundamentals. All we have is everyone holding their breath for a while.

Once we are able to work and spend at normal rates again, why wouldn't things continue more or less apace with "before?"

I get that there will be an absolute loss of value during the downtime, but why should that have a permanent effect? Beyond a "correction," that is?

/trying to learn and improve myself during quarantine...


Time will show, but I think there are as many reasons for any particular thing to go wrong as right.
 
2020-04-20 12:00:49 PM  
Fark user imageView Full Size


Fark user imageView Full Size
 
2020-04-20 1:00:30 PM  

tonguedepressor: My anal cavity limit for having sunshine blown up it has reached maximum capacity.


Maybe switch to champagne
 
2020-04-20 1:02:15 PM  

Jormungandr: Ask anyone with a toddler. You can measure years in months.


How do fractions work?
 
2020-04-20 1:31:20 PM  
Are you telling me the producer of the academy award winning film Suicide Squad is a moron? I for one, am shocked.
 
2020-04-20 1:48:44 PM  
Look at his farking face.

Mnochin is more like it.
 
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