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Sunoverbeach
Herf-A-Holic

4 years ago

#21

Well that depends on the quality of your hoes and your blow, not to mention pricing in your local market. Do some research and let us know

DrMaddVibe
Herf-A-Holic

4 years ago

#22

P.S. How much blow and hoes can one buy with $10k.... asking for a friend.

BuckyB93 wrote:

Your mission, should you choose to accept it, is to face your fate. Good luck, Mr. Bucky.

This message will self-destruct in 5 seconds.

DrMaddVibe
Herf-A-Holic

4 years ago

#23

Who likes buying votes? DNC do!

Who likes a Ukrainian slush fund disguised as military aid AND cripples our own military at the same time? DNC do!

Who likes a spending bill like a free unlocked ATM at a stripclub? DNC do!

Where this money coming from? Lefty doesn't care...dolla billz ya'all, dolla dolla billz. Makin' it rain up in he'ah!

Burner02
Herf-A-Holic

4 years ago

#24

So why not forgive car loans? Or mortgage loans? What is the fkn difference?

MACS wrote:

Those will be next for the everyone gets a trophy crowd.

deadeyedick
Herf-A-Holic Topic Starter

4 years ago

#25

The difference is the government is the lender.

HockeyDad wrote:

Last I heard the government does not have money. We are the lender.

bgz
Herf-A-Holic

4 years ago

#26

Before I get slammed on my #15 post....

BuckyB93 wrote:

Nobody cares that your wally world azz is taking a handout.

Go get that loot, you're basically on par with the minorities RayRay is always crying about.

You would probably get more by jacking a car... but that's unadvisable... they would actually try to catch you... you're the wrong color for that.

At least world according to RayRay...

Edited by user 4 years ago | Reason: Not specified

BuckyB93
Herf-A-Holic

4 years ago

#27

Last I heard the government does not have money. We are the lender.

deadeyedick wrote:

This.

Just kicking the can down the road for future generations to deal with. They do it every time we reach the debt ceiling.

Edited by user 4 years ago | Reason: Not specified

DrMaddVibe
Herf-A-Holic

4 years ago

#28

This. Just kicking the can down the road for future generations to deal with.

They do it every time we reach the debt ceiling.

BuckyB93 wrote:

We're past the point of even being able to pay the interest now though.

deadeyedick
Herf-A-Holic Topic Starter

4 years ago

#29

This. Just kicking the can down the road for future generations to deal with.

They do it every time we reach the debt ceiling.

BuckyB93 wrote:

But Biden is doing everything he can to just inflate it away. I'm beginning to think my I Bonds will be inflated to worthless or even negative soon enough.

CelticBomber
Herf-A-Holic

4 years ago

#30

Who likes buying votes? Bush!

Who likes a Ukrainian slush fund disguised as military aid AND cripples our own military at the same time? Republicans and Democrats! The vote was 86 - 11

Who likes a spending bill like a free unlocked ATM at a stripclub? Both sides. Don't make me start looking up pork bills for either side. I've only got maybe 30 years of life left. I'll never finish.

Where this money coming from? Our tax dollars being used at home! Yay!...dolla billz ya'all, dolla dolla billz. Makin' it rain up in he'ah!

DrMaddVibe wrote:

Make it rain over here! I'll show you my t1ts!

RayR
Herf-A-Holic

4 years ago

#31

I thought the last criminal BS from Biden bill said that it would reduce the federal deficit by $300 billion and now this next unconstitutional plan will Build It Better Back.

DrMaddVibe
Herf-A-Holic

4 years ago

#32

Make it rain over here! I'll show you my t1ts!

CelticBomber wrote:

That's an offer Ben would take you up on. Me, I'm not down with your pronoun salad and IQ deficiency. Thanks for trolling though! You're just not ever going to be my type!

bgz
Herf-A-Holic

4 years ago

#33

That's an offer Ben would take you up on. Me, I'm not down with your pronoun salad and IQ deficiency. Thanks for trolling though! You're just not ever going to be my type!

DrMaddVibe wrote:

Damn... he said Celtic has low IQ... and wants to see my t*tties...

lmfao

I think he's your type... definitely your type.

HockeyDad
Herf-A-Holic

4 years ago

#34

Make it rain over here! I'll show you my t1ts!

CelticBomber wrote:

Wrong login?

HockeyDad
Herf-A-Holic

4 years ago

#35

People who couldn’t go to college will pay taxes to subsidize people who could go to college.

That’s how it’s done people….right in plain sight!

DrMaddVibe
Herf-A-Holic

4 years ago

#36

Obama's Chief Economic Advisor Blasts Biden's "Reckless" Student Debt Bailout

Consider the source...

Jason Furman is an American economist and professor at Harvard University's John F. Kennedy School of Government and a Senior Fellow at the Peterson Institute for International Economics.

On June 10, 2013, Furman was named by President Barack Obama as chair of the Council of Economic Advisers.

Ok so having explained the "who", here is the "what"...

Furman's thread continues...

The White House fact sheet has sympathetic examples about a construction worker making $38K and a married nurse making $77,000 a year.

But then why design a policy that would provide up to $40,000 to a married couple making $249,000? Why include law and business school students?

BTW, those examples also contradict the baseline some have concocted to claim that this won't raise inflation. The claim it won't raise inflation is based on the construction worker going from permanently paying $0 interest to paying $31 a month at an annual cost of $372.

You can't use one baseline (interest payments suspended) to argue this will constrain demand & then a different baseline (interest payments restored) to describe the benefits. That is incoherent, inconsistent & indefensible cherry picking--I hope the White House doesn't do it.

Also need to be careful with all of the distributional numbers because the beneficiaries will tend to have higher lifetime incomes than current incomes. A 24 year-old making $75,000 is likely to be at a relatively high percentile on a lifetime basis.

There are a number of other highly problematic impacts including encouraging higher tuition in the future, encouraging more borrowing, creating expectations of future debt forgiveness, and more.

Most importantly, everyone else will pay for this either in the form of higher inflation or in higher taxes or lower benefits in the future. I did a thread on this last night but given the new announcement you need to double everything in it.

The stimulus is relatively small (a multiplier of ~0.1). So the inflation impact is likely to be about 0.2-0.3pp. That is $150-200 in higher costs for a typical household.

If the stimulus matched what advocates used to argue the inflation would be higher.

That is a relatively small inflation number. But would take about 50-75bp on the fed funds rate to extinguish that much inflation. Is the Fed going to try to offset this? Or will it do what it did with the American Rescue Plan and ignore that rapidly changing fiscal landscape?

Finally, it's not obvious to me that this is reasonable for a President to do unilaterally. A number of lawyers (and political leaders) have argued inconsistent with the law. Even if technically legal I don't like this amount of unilateral Presidential power.

We look forward to hearing Biden's chief economic adviser Jared Bernstein's arguments 'for' the vote-buying bailout... once again, consider the source.

https://www.zerohedge.com/political/obamas-chief-economic-advisor-blasts-bidens-reckless-student-debt-bailout

The Fed wiping out...LOLZ...they're going to bury their head and pretend they've never heard of Cloward/Piven

bgz
Herf-A-Holic

4 years ago

#37

People who couldn’t go to college will pay taxes to subsidize people who could go to college.

That’s how it’s done people….right in plain sight!

HockeyDad wrote:

But mine was already subsidized ahHhHhHHhH!

Thanks man, I appreciate it.

Edited by user 4 years ago | Reason: Not specified

HockeyDad
Herf-A-Holic

4 years ago

#38

But mine was already subsidized ahHhHhHHhH!

Thanks man, I appreciate it.

bgz wrote:

You’re welcome! Now fix me a sammich.

CelticBomber
Herf-A-Holic

4 years ago

#39

Obama's Chief Economic Advisor Blasts Biden's "Reckless" Student Debt Bailout

DrMaddVibe wrote:

Now Obama and his guys are a credible source for you? That's hilarious!

HockeyDad
Herf-A-Holic

4 years ago

#40

Now Obama and his guys are a credible source for you? That's hilarious!

CelticBomber wrote:

Obama is a credible source for me. He owns a bunch of beachfront property.

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