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(Politico)   Deese likely pick for top White House economic post. Deez Nuts still waiting for call from transition team   (politico.com) divider line
    More: Interesting, Barack Obama, President of the United States, Democratic Party, Bill Clinton, Joe Biden, Hillary Rodham Clinton, White House, United States presidential election, 2008  
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825 clicks; posted to Politics » on 26 Nov 2020 at 6:07 PM (7 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



23 Comments     (+0 »)
 
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2020-11-26 6:11:07 PM  
Ok.  I lol'd
 
2020-11-26 6:12:19 PM  
On one hand,

People close to the transition argue that much of the criticism from the left on Deese is unfair. They say he has long supported progressive economic policies and played a critical role in helping the U.S. economy recover from the financial crisis and Great Recession, making him a natural fit as Biden attempts to steer the economy back from the Covid-19 epidemic.

So let's not all freak the **** out just yet.

On the other, *ahem*, have you ever heard of something called "the appearance of impropriety," Joe? 'Cause if this isn't it, it's sure in the penumbra.
 
2020-11-26 6:14:09 PM  
Fark user imageView Full Size
 
2020-11-26 6:15:58 PM  
"played a critical role in helping the U.S. economy recover from the financial crisis and Great Recession, making him a natural fit as Biden attempts to steer the economy back from the Covid-19 epidemic. "

Translation- Great for Wall Street but not so good for the rest of us.
 
2020-11-26 6:18:56 PM  
Eh, I trust rando financial dudes more than film and recording industry shills.
 
2020-11-26 6:20:30 PM  
Can we have a Pelosi or Bernie thread instead? Not sure I feel like watching you guys treat this investment banker like Captain Planet.
 
2020-11-26 6:24:04 PM  
People's Court Thug
Youtube O6Hg_uV59PA
 
2020-11-26 6:31:18 PM  
A high ranking member of BlackRock..

The CEO of which is a huge financial backer of Trump and said that trump should fight the election and only recently said he should concede.

No conflict of interest here.  Nothing to see.  Move along.
 
2020-11-26 6:31:26 PM  
external-preview.redd.itView Full Size
 
2020-11-26 6:32:57 PM  

erik-k: On one hand,

People close to the transition argue that much of the criticism from the left on Deese is unfair. They say he has long supported progressive economic policies and played a critical role in helping the U.S. economy recover from the financial crisis and Great Recession, making him a natural fit as Biden attempts to steer the economy back from the Covid-19 epidemic.

So let's not all freak the **** out just yet.

On the other, *ahem*, have you ever heard of something called "the appearance of impropriety," Joe? 'Cause if this isn't it, it's sure in the penumbra.


No one recovered from the Great Recession except the One Percent.  I'll lay that at the feet of anyone claiming to have "assisted with the recovery."  It's just Aristo code for "Helped transfer trillions from the lower & middle class to the One Percent."
 
2020-11-26 6:34:10 PM  

dkulprit: A high ranking member of BlackRock..

The CEO of which is a huge financial backer of Trump and said that trump should fight the election and only recently said he should concede.

No conflict of interest here.  Nothing to see.  Move along.


You believe Obama's deputy OMB director has a conflict of interest in this area?

What, exactly, has led you to conclude this?
 
2020-11-26 6:44:16 PM  
Moderates for four years - " Wall Street isn't the economy, Donny!"

Biden 2020- "Wall Street is the economy"
 
2020-11-26 6:47:08 PM  
Funny AF, subby
 
2020-11-26 6:58:40 PM  

TheOtherGuy: erik-k: On one hand,

People close to the transition argue that much of the criticism from the left on Deese is unfair. They say he has long supported progressive economic policies and played a critical role in helping the U.S. economy recover from the financial crisis and Great Recession, making him a natural fit as Biden attempts to steer the economy back from the Covid-19 epidemic.

So let's not all freak the **** out just yet.

On the other, *ahem*, have you ever heard of something called "the appearance of impropriety," Joe? 'Cause if this isn't it, it's sure in the penumbra.

No one recovered from the Great Recession except the One Percent.  I'll lay that at the feet of anyone claiming to have "assisted with the recovery."  It's just Aristo code for "Helped transfer trillions from the lower & middle class to the One Percent."


If you think the great recession was the start of the transfer of wealth to the 1%, you're either an idiot or a shill.  In either case, go educate yourself so you don't sound like such an uninformed moron.
 
2020-11-26 7:06:44 PM  

Tarl3k: TheOtherGuy: erik-k: On one hand,

People close to the transition argue that much of the criticism from the left on Deese is unfair. They say he has long supported progressive economic policies and played a critical role in helping the U.S. economy recover from the financial crisis and Great Recession, making him a natural fit as Biden attempts to steer the economy back from the Covid-19 epidemic.

So let's not all freak the **** out just yet.

On the other, *ahem*, have you ever heard of something called "the appearance of impropriety," Joe? 'Cause if this isn't it, it's sure in the penumbra.

No one recovered from the Great Recession except the One Percent.  I'll lay that at the feet of anyone claiming to have "assisted with the recovery."  It's just Aristo code for "Helped transfer trillions from the lower & middle class to the One Percent."

If you think the great recession was the start of the transfer of wealth to the 1%, you're either an idiot or a shill.  In either case, go educate yourself so you don't sound like such an uninformed moron.


So... just because it wasn't the first time I was raped, I'm not allowed to be outraged or try to hold the perpetrators responsible?  Is that the argument you're making?  Once someone commits a crime first, all subsequent incidents are completely legal and moral?
 
2020-11-26 7:08:54 PM  
Clinton, Obama Clash at Debate
Youtube opNmTcTwFp0
 
2020-11-26 7:19:26 PM  

TheOtherGuy: So... just because it wasn't the first time I was raped, I'm not allowed to be outraged or try to hold the perpetrators responsible?  Is that the argument you're making?  Once someone commits a crime first, all subsequent incidents are completely legal and moral?


No, try and keep up.  I'm saying that the fact that you think that the 1% were the only beneficiaries of the recovery from the great recession shows a complete ignorance of our history over the last 40 years.  But hey, you gotta BSABSVR somehow, right?
 
2020-11-26 7:46:29 PM  
*snert*

Nice one, Subs.

So Biden picking another former Obama guy now to serve as director of National Economic Counsel?

And some on the left are having a problem with the pick cos too friendky with Wall Street?

Meh, it is an on brand pick from Biden and I am not gonna lose any sleep over it
 
2020-11-26 7:55:57 PM  

quatchi: Meh, it is an on brand pick from Biden and I am not gonna lose any sleep over it


Completely agree.  Biden keeps picking middle of the road people who are competent and steady...I know it's not some uber-progressive, but he'll help dig us out of this hole, and that's exactly what we need right now.
 
2020-11-26 9:31:15 PM  

Tarl3k: TheOtherGuy: So... just because it wasn't the first time I was raped, I'm not allowed to be outraged or try to hold the perpetrators responsible?  Is that the argument you're making?  Once someone commits a crime first, all subsequent incidents are completely legal and moral?

No, try and keep up.  I'm saying that the fact that you think that the 1% were the only beneficiaries of the recovery from the great recession shows a complete ignorance of our history over the last 40 years.  But hey, you gotta BSABSVR somehow, right?


Look at the wealth of the 1% (.01%, really) and how they recovered from the crash.

Now look at wages for working Americans. Home ownership. Employment. Stock ownership by working Americans. Every time the economy shiats itself, these are taking longer and longer and longer to recover... but the interval between downturns isn't changing.

It's been a repeating theme for *decades* now: With every "economic recovery," by the time the American people are actually beginning to see improved wages, competition to hire, and our economic future's starting to look up... the next crash steals it all away AND then some.
 
2020-11-26 9:51:29 PM  

erik-k: Look at the wealth of the 1% (.01%, really) and how they recovered from the crash.

Now look at wages for working Americans. Home ownership. Employment. Stock ownership by working Americans. Every time the economy shiats itself, these are taking longer and longer and longer to recover... but the interval between downturns isn't changing.

It's been a repeating theme for *decades* now: With every "economic recovery," by the time the American people are actually beginning to see improved wages, competition to hire, and our economic future's starting to look up... the next crash steals it all away AND then some.


I totally agree with you...but the American people aren't smart enough to let Democrats control the government for more than 8 years at a time.  Had Trump not been elected, we could have continued the gradual growth that we experienced under Obama.

Obama's economy was a steady upward curve.  While it would have taken a hit because of TRUMP-19 no matter what, a competent administration wouldn't have lowered rates to zero in a good economy...they'd have given us a cushion to recover.  We were on a great path until Trump came along.  Now we have to start all over, and putting competent, experienced people in place is how you make that happen.
 
2020-11-26 10:01:36 PM  

Purple_Urkle: Eh, I trust rando financial dudes more than film and recording industry shills.


Rando is more of a set design guy.

/someone will get it
 
2020-11-26 10:07:19 PM  
TheOtherGuy:No one recovered from the Great Recession except the One Percent.

At the risk of being characterized as a making "stock market = the economy" argument, a lot more people than just the 1% have seen substantial improvement in their personal circumstances since 2008.

And I realize there are at least as many who haven't.  But repeating that lie doesn't make it true.  You want simple explanations that square with your simple binary worldview, but the world doesn't work like that.
 
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