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Darrell Issa Goes After Rahm Emanuel, Hilarity Ensues And Epic Fail For The Chief Of Staff
Darrell Issa tells the Chief Of Staff, to, basically fuck off. Zero Hedge tries hard to find fault with the Congressman's logic and fails miserably.
hat tip Kevin
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Holy ****!
Situational comedy. Gotta admit that the Rahmster had it coming. But, let's be real, this ain't "Chicago-style" politics, it's just good ole hardball in Washington. EVERYBODY is grandstanding on this one.
That said, it's a good thing for Rahm to be "checked." Without that, even a Saint could go bad.
And Rahm sure as hell ain't no Saint.
WTF! All my posts are producing twins . . .
better that, than be Octomom
the enemy of your enemy is your friend. rahm needs a few takedowns and i'll take them where i can get them.
Yep!
Weaken all of them. After all, they are just post holes.. On the rent to own program.
/agree
Why isn't it that the Chicago School of Economics has been discredited by this crisis instead of the Keynesian School. The GDP report just out showed but for government speading GDP would have been far lower than -1%.
It has been discredited: Hitler lost the war.
Ring, ring
Rahm: Hello
Issa: Fuck off Rahm
click
My GOD, this site has turned into the Drudge Report. I can not believe the assholes populating the message boards on ZH these days. Where the fuck did you idiots come from?
We were always here, waiting...
I can only speak for myself, but I crawled out from your fat ass
Vicelord,
Maybe I'm an asshole but,
Do you think this is important?
"In kingdom, Saudi prince's coup 'fails'"
http://www.presstv.ir/detail.aspx?id=102313§ionid=351020205
An attemped coup in Saudi Arabia.
The Saudis are always doing that shit. Happens a few times a year, usually by a "former" something or other, this time a former ambassador to the US.
Your source, the Iranian English-language propaganda outfit, is anti-Saudi (and anti-US and Israeli for that matter) for reasons that should be obvious.
-Daraja Rabii
I'd prefer if were like the Old Man Murray forums of old. Then I could say things like, "Holy centipede filled vagina, did vicelord really get all that crap on his tongue from licking Clinton's ass? Doesn't that boy wash down there fer Chrissakes!"
Vicelord, 10 of your last posts here are all about calling us idiots. If that is so, why don't you just fuck off somewhere where all the living Nobel laureates discuss things and hang out there ... its fucking pathetic to call people idiots, when your own posts have no intelligence in them and no new insight in the things we discuss ...
vicelord pwnage!
Yet another democrat married to his ideals of liberalism. According to Taleb- it is dangerous to be too married to ones ideas all the way to the grave. Now go read krugmans blog vicelord. - uberhedge
This is all very nice but what does it have to do with this market is finally going to crack?
Isn't that all we're really trying to figure out here?
In general, yes. But posts like the current one are intended to entertain to a degree, and we can all use a outlet now and again. Stick to the posts with charts and you'll find the same folks talking a different talk.
Hello from Chicago! BTW I am not a criminal.
First of all it's funny to see someone blame Bush for where we are today. This started in 1913 and has been going ever since. Only fools argue Republican v Democrat!
I wish all you partisan noise makers would read this book. It's 200 pages and explains everything.
http://apfn.org/apfn/reserve.htm
Rahm etc. have their strings pulled like all the bootlickers...he's just higher up on the string.
Oh yeah, and he worked real hard to make like 14 mil in 2 years or whatever.
TD I think this was a great post. If you are ever in town call me and I'll take you for some pizza.
Johnny Dangereaux
I have already found fault with the congressman's logic. He's claimed the stimulus has failed... I thought John Maynard Keynes had already figured this out over 80 years ago...
how many governors of the land of lincoln have been imprisoned? how many shooting deaths have there been on obamanation's glorious south side over the past month (60+ in a city where guns are 'illegal')
seems chicago tactics don't work in chitc0ng0 either, way to go amerika, you voted in a real doozy
60 in month? Dat's a lotta lead pollution!
you have a link on the shooting deaths? thanks
I don't get it. If Arizona doesn't want stimulus money, then why should we make them take it? I'm all about letting some people back out of it if they want. Fuck 'em.
Obama has done an awesome job stabilizing something that would have been FAR worse. Granted, a lot of assholes have made off rich. But would you rather not have a job? Would you rather not be able to get money out of banks because there are none left?
I also really love how he pokes at Keynesian economics saying, "I thought outdated and discredited Keynesian economic theory.." If anything, the past year has given much credit to Keynesian economic theory. And 'Free Market' theorists will likely have to remain quit for quite some time. There was a short period of time where NO private investor would consider stepping into our markets. And hell, that's even happening now! Look at our low volumes! And I know you dumb-asses will argue everything will get better, the markets just need to contract and restabilize on their own. But as the man said (to paraphrase) In the long, we're dead. And I think that's something Mr. Durden here understands quite well. Don't you...?
epic fail
Yeah..... I'm being to think the ruse put on by Mr. Durden and how easily you sheep fall in line represent the true epic fail. I mean, seriously. This guy could shit on a plate, you'd all eat it, and then praise the flavor.
Ok. I'll let Tyler answer something, or even one of his sheep since you all seem to think the same, what would you rather do? I know this will be difficult. But instead of being critical, give a reasonable alternative to government intervention.
ok, since you lack the brain capacity to conclude why i called your post an epic fail i will elaborate myself. First of all, Keynesian intervention is false because government just in-debts public sector to clean up the losses that occurred in the private sector, and that is interventionism and fails to bring order into chaos. Social Darwinism ( one of the neo-American foundations ) is not about helping the weak to survive, but to insure the strong to take leading role in the system. Second of all monetizing debt trough inflation or hyperinflation creates the spiral which can not be solved, unless all intervention is halted and natural economical events take their place. Bankruptcy law exists for a reason. From a political point of view governmental takeovers of private enterprises are defined as fascism. Economically when you transfer debt from private to public domain you not only need to increase taxes to service the debt, you also diminish the purchasing power of an individual, and that leads to even higher taxes and so it goes ad infinitum ...
and the third thing i would like to mention is, you gain no credibility here by insulting people, mainly because it is childish and does not support your view, and second of all because those types of arguments are not excepted in a valid debate and thus have no point. so before you decide to call us all stupid, you should pick up some fundamental economical books and actually know something about the topic you wish to discuss.
And finally, Keynesian policies had no major effect in solving any economical crisis, just prolonging it, and inevitably, those political structures which implemented Keynesian measures defaulted( America in 1933 when it defaulted in its gold obligation,America in the 70s during Nixon when it also defaulted on its gold obligations and introduced FIAT currency to service its debt and the cost of the Vietnam war, Argentina defaulted in 2000, Zimbabwe massive hyperinflation of 100 000 %, and numerous other countries like Wiemar Republic, etc )on their debt or vanished from the economical playground. And if your argument to this comment will include evoking New Deal as a successful Keynesian measure i will write Double Fail under you comment, but i will not try to explain my position, just because you should know by yourself that New Deal was a fail of epic proportions.
Why is this so much fun... I don't know. But it is.
Ok, so. All-in-all I got about 7 points out of your response, even though you list 4. I'll hit them individually so it's easier to read. I want to be nice, now.
1- So, interventionism never returns order..... but it at least returns order in the short run, right? You have to concede that the government's intervention last fall staved off one of the worst events in the world's history. Maybe you won't agree the effects would have been one of the worst... blah blah. But you have to agree the government's intervention stabilized a tumbling market.
2- Social Darwinism. Not sure why you brought that up. But fuck social darwinism. Those who were lucky enough to be born with a strong intellectual faculty and/or raised in an environment that strengthened their faculty's capacity have no real claim to social superiority. They may claim they do. They may even convince the less intelligent of the same. But that just means smart people are self-loving assholes.
3- Inflation can be "solved". Are you kidding me? What do you think the Fed does...? But I do agree somewhat. Too much inflation runs serious risks of getting out of control. However, we've be in a period of deflation. Which is MUCH, MUCH worse than inflation. Deflation destroys markets. And in an environment like this, it could prove how wrong you free-market-fucks really are. And (the second point), the alternative of not intervening was completely unacceptable. Would you rather start over? Have a new America? I wouldn't mind it, honestly. In fact, I remember last fall I was smiling about it. But I don't want my dad to starve. And the interim until the world would be rebuilt would be a horrible, horrible time to live. So I'd rather not do that. Thanks for the offer though.
4- Government takeover is fascism...? Why kind of argument is that? It's not even an argument, it's a definition, and it's not the correct one either. Here, I'll direct you to the correct definition of fascism: http://dictionary.reference.com/browse/Fascism
5- You're right about taxes going up, except the infinitum part (I can't get taxed more than 100%. what are they going to take, my wit!). But I'm ok with taxes. I say tax the rich fucks that let the richer fucks get us in this mess. Put a 80% tax on anyone making over 10 million. What the hell do you do with that kind of money anyway, besides the whole smart = asshole thing.
6- It seems plenty of people send out insults on this site. You even sent one to me. You're just mad because this time it's directed at you. And that usually doesn't happen here. Because you all think alike. Just as you have "to be one of them" at GS, here you have "to be like Tyler." And that's why you're all ruffled up. Because you like insulting others, you like being on the side that's insulting others, but you really don't like being insulted or questioned. Because you can't take it. However, you are correct about Ad Hominem attacks. They don't really serve a purpose in an argument. But on the internet, they're sooooo much fun!
7- Obviously an argument between us will not conclude in agreement. You will never convince me. I will not to you. So whatever. But I would be interested in researching those policies that had no major effect other than prolonging the crisis. And please don't send me anything about the New Deal, as it was obviously beneficial, or any crack-pot conservative website. Just the crisis and the policy, maybe the country or state or city as well.
Well, that was fun. And I wasn't even an asshole. Or was I?
I bet you're not gonna get the subtlety of that last bit so let me explain. I was smart. Therefore, I was an asshole. I guess I was kind of just an asshole in general, though, too.... Hmmmm.... oh well.
1- So, interventionism never returns order..... but it at least returns order in the short run, right? You have to concede that the government's intervention last fall staved off one of the worst events in the world's history. Maybe you won't agree the effects would have been one of the worst... blah blah. But you have to agree the government's intervention stabilized a tumbling market.
You assume that i am interested in the short run. I am not. There is something called " probability concentration point " and it happens when a function of systemic behaviour gets close to 1 and thus increases the probability execution of a certain causal behavior. But let me put it simple. You can not kick a can down the road indefinitely, because the road is just so long, and in the end there is a wall which will kick the can further from the point from which was kicked before it hit the wall. So no, mathematically, you argument holds no water because the effects of government intervention will produce lower outcome than was the input, and will in some short period of time yield 0 effect.
Social Darwinism. Not sure why you brought that up. But fuck social darwinism. Those who were lucky enough to be born with a strong intellectual faculty and/or raised in an environment that strengthened their faculty's capacity have no real claim to social superiority. They may claim they do. They may even convince the less intelligent of the same. But that just means smart people are self-loving assholes.
I brought this up because social, or would you rather for me to call it economical, Darwinism is one of the principles of natural, systemic and individual progress and you can not suspend it, or halt it, you can only try to postpone it with some measures which, in the end, will yield no result whatsoever, and you will have a system or an individual which/who will depend on outer constant assistance and will not have the means to sustain itself and that results in failure/death. For further argumentation read the response to your first paragraph.
Inflation can be "solved". Are you kidding me? What do you think the Fed does...? But I do agree somewhat. Too much inflation runs serious risks of getting out of control. However, we've be in a period of deflation. Which is MUCH, MUCH worse than inflation. Deflation destroys markets. And in an environment like this, it could prove how wrong you free-market-fucks really are. And (the second point), the alternative of not intervening was completely unacceptable. Would you rather start over? Have a new America? I wouldn't mind it, honestly. In fact, I remember last fall I was smiling about it. But I don't want my dad to starve. And the interim until the world would be rebuilt would be a horrible, horrible time to live. So I'd rather not do that. Thanks for the offer though.
You are wrong. We are in a period of sequential deflation but with a certainty of rampant inflation in the near future due to the all the money that was printed, but not put into the pipelines. The inflation will occur when that money goes in the pipeline and on the street and starts chasing goods and services. And taking into consideration the political environment that can be expected to happen in the six to nine months this is a political certainty because a) real employment will go up if for nothing else than for setting the campaign ground for democrats and Obamas supporters, b) all the new introduced measures like Health care, Cap and Trade, Cash for Clunkers, FDIC support, TARP, TALF, PPIP etc. It is empirically verifiable that the volatility is far lesser if there is no intervention in the free market principles ( i point you to research about the recession/depression of 1920 ), than when the intervention occurs. And the larger the monetization is, the greater the volatility is. Again, Economical Darwinism would show itself and the economy would shortly rebound because new, healthy and sustainable institutions would emerge and took its place as sector leaders.
4- Government takeover is fascism...? Why kind of argument is that? It's not even an argument, it's a definition, and it's not the correct one either. Here, I'll direct you to the correct definition of fascism: http://dictionary.reference.com/browse/Fascism
Fascism, pronounced /?fæ??z?m/, comprises a radical and authoritarian nationalist political ideology[1][2][3][4] and a corporatist economic ideology. - describes the 21st century America perfectly ( Patriot Act, Homeland Security, suspension of Habeas Corpus, suspension of the right to an attorney and objective judge, Preventive wars, 99% of court cases suing the state in which the state wins, etc )
-You're right about taxes going up, except the infinitum part (I can't get taxed more than 100%. what are they going to take, my wit!). But I'm ok with taxes. I say tax the rich fucks that let the richer fucks get us in this mess. Put a 80% tax on anyone making over 10 million. What the hell do you do with that kind of money anyway, besides the whole smart = asshole thing.
High taxation is ok, it only has one flaw; for every dollar you tax you remove 3 dollars from the real economy, and in the end you have nothing to tax because there is no private money in the economy ( i point you to research the concept of Communism and practical economical policies of the USSR and N. Korea )
6- It seems plenty of people send out insults on this site. You even sent one to me. You're just mad because this time it's directed at you. And that usually doesn't happen here. Because you all think alike. Just as you have "to be one of them" at GS, here you have "to be like Tyler." And that's why you're all ruffled up. Because you like insulting others, you like being on the side that's insulting others, but you really don't like being insulted or questioned. Because you can't take it. However, you are correct about Ad Hominem attacks. They don't really serve a purpose in an argument. But on the internet, they're sooooo much fun!
It is logically false to say that a prevalent characteristic ( knowledgeable and intelligent ) is unique and that no other participant of this forum has it. Knowledge and intelligence are not unique, just rare, and here we have above the average concentration of both. So no one is trying to be like Tyler, and Tyler is not an argument for our participation, but rather a man who created something where all intelligent and knowledgeable individuals can gather and discuss their ideas and exchange knowledge about some particular topic.
And i agree with your last paragraph, and yes it was fun ..
Please read the constitution, again (I will assume you have read it). If you still want to be a member of the United States, get back to us. The Federal government got too big and we let it happen. Every intervention is a response to the consequence of a prior intervention. Intervention on intervention has wrought absurdity. Every move is crisis management in the face of rapidly evaporating legitimacy. Everything happens piecemeal, policy wise, because all they have time for is propping things up with things like the bail out. If the system is nothing but a series of prop ups, you are building a house of cards, it will fall.
Congress passes bills they do not read. Think about that.
Let it crash. It is like a bad marriage where both partners are unhappy (and having affairs) but they keep up the appearance of a good marriage because they don't know what else to do. They, like the US, need transparency to heal it. Running up debt is a way to keep up the appearance of a healthy country. Those fuckers in government have been crooked for so long (like our metaphorical adulterers) that they don't know what else to do and if they tell what they have been doing, they will get in trouble.
I could have said this shorter-- You are really wrong and deluded in an unhealthy way.
@MsCreant: I'm not going to come back to this thread so I'm not sure why I'm responding to you.... but whatever. I have read the constitution and I'm not sure why you brought it up. Anything listed in there cannot prove/disprove any economic theory. There is no data in the constitution (at least as far as I've read).
Also, about "let[ting] it crash." I'm down. Let's do this. I want to see the Dow at 0. I want to see everyone on this site freaking out because they have no money, no job, all banks have gone under, most coporations have filed bankruptcy and the Fed has to print paper just to keep up with the mounting bankrupt debt until it, itself, goes bankrupt. And in that case, we'd install an actual central bank owned by the people (likely Congress) instead of private banks. And then we'd start bailing out the mistakes of the past. But at least we'd finally know. And there would be no more debate. That markets suck.
But like I said earlier. I'm all for the market crashing and everything falling to pieces, at least for me. Because that would mean that I was right, and that free-markets are parasitic on themselves. But I don't want my Dad to starve. So after he gets old, and goes the way of the Do-do, let's give it a try. Let it all fall to pieces. And I'll rise amongst the centralized leaders! JK- I wouldn't make it through the bureaucratic ropes.
Doxastic,
Now that you have a name I will look for you. There is no fixing this. Fractional Reserve Lending always does this, never mind the blatant theft. There will always be a point in the system where debt obligations overwhelm the capacity to grow, not to mention that the concept of infinite growth won't work in a universe of finite resources (unless you have a plan for getting us off this rock so that we can get more "stuff").
@anon/dox? LOL.....nice response to Cheeky...yeah...maybe you should stick with the Huffington Post...obviously you've NEVER studied the Austrians.
praise be to issa!!
two senators from ga know i support issa and kyl's defiance of the thug director of north american mossad operations.
Given the anonymity of the site, direct R/D political attacks are probably best reserved for another character. TD character served as a financial guru/critic, not a political pundit?
Exactly how are finances and politics NOT related? Are you even paying attention to FTW!?! is going on?
The same way Leia and Luke aren't related. Stupid is as stupid does - outsmarting them never seems to help. Cheating, lying, etc. however - appears to work wonders.
with d.o.d. here.
Politics (government) and finances are so interwoven in the USA that they should be one term....call it polefine. whatever. Kinda goes back to the old saying (it may have been John Locke, I don't remember) of " ...almost all politics is about who gets the money."
there simply is no denying that.
I think the term already exists, crony capitalism.
If you're working to effect change, your end demographic is the LCD, lowest common denominator - ie general public.
Given journalists are lazy idiots - and thanks to our sorry excuses for universities, trend hard left on the pseudo-liberal slant...
My guess is that Matt Taibbi and friends won't find comfort in Tyler's criticism of god's inner circle.
There is no right or wrong or right or left - there's just a dying generation squeezing the last ounce of blood out of their warring, burned out ideologies.
Just thinking about it hurts my head. Bush fucked this, Obama fucked that - cut either way and half the country goes deaf. Just saying.
Since this is dead anyway - might as well toss this one on the heap.
"To destroy this invisible Government, to dissolve the unholy alliance between corrupt business and corrupt politics is the first task of the statesmanship of the day." - 1912 Progressive Party Platform, attributed to Theodore Roosevelt and quoted again in his autobiography where he connects Trusts and monopolies (sugar interests, Standard Oil, etc.) to Woodrow Wilson and William Howard Taft, and consequently both major political parties.
Let's see, "deadhead" and "John Locke" go together about as well as "government" and "finances" do. It takes a skillful cook to combine ingredients that individually have the capacity to overwhelm the senses yet remain palatable, discreet and pleasing when served on a party platter.
Tyler, love the diversity of information you provide here. Some of your readers apparently want you to stick to the financial side only. Fuck that. Keep doing what you do man, you're in a league of your own.
With you on that - would love to see this expand beyond the financial realm. But I still think it's work/fun best reserved for another character.
Same situation - Marla character seems to have fun running weekend podcasts. Then someone comes on and calls her listeners pathetic fat bastards who tune in to fantasize about connecting with a person, who in real life, probably bears no resemblance to Helena Bonham Carter. The anonymous commenter claimed to be questioning the connection of the podcast to the site - when it was just something Marla obviously enjoys. So the anon poster was just being a dick, but it seemed to be pretty effective in deflating the comments. But I'm quite sure Marla escaped without any emotional scars :)
Tyler posts many times a day - I'm too ignorant to understand half of what the hell he's talking about. But it's working and the theme appears to be "FUCK YOU!" to the status quo and the Ivy League douchebags running our country into the ground. I support that.
Idiots start believing that the message is supportive of either party and it loses some of its potency I think. Then again, I'm just a marketing asshole. Fascinating to watch this site evolve in the short time I've been around.
Nothwithstanding the fact that Issa is a major douchebag, Rahm Emmanuel is an even bigger douchebag, not to mention a shit-eating zionist, the son of a terrorist, and CoS of the Obama administration.
I am Chumbawamba.
Issa and Emanuel are both scum, as the ship sinks the rats are chewing on each other on the way to the lifeboats.
EE
If only we could get ObamaCare written this clearly.
Even douchebags get it right sometimes
Why did Kyl need Issa to carry his water for him? I hope Emanuel didn't bother to grace this with a response.
with paper no; with violence yes
OMG what will TuTu do now?
How much you wanna bet that Ari Emanuel (aka Ari Gold) has some ties to Goldman Sachs? Exactly how did he get funding?
So a senator tells the administration to not send money his state, the administration calls him on it. What is the problem? People should be more honest, stop playing games.
If someone were to have mailed me a dead fish, that would be the last time that person were to have done so without having had a dead fish colonoscopy. I don't know Darrell Issa and some on here have called him a d-bag, but he has my respect on this issue. Sometimes you fight d-bags with a d-bag.
Hey 24756,
You have shown me the light!
I have been so stupid for all these years, telling everyone to read Sowell. I'm an idiot for thinking that the economic policies of Italy and Germany caused WWII. What I fool I've been to work on 100% commission and pray for Bastiat type leaders.
You have helped me understand that if we just transfer jobs from the private sector to the public sector, the tax coffers will be full and we will all have big houses and nice cars!
God bless you!
Rahm Emanuel will chew Issa up and spit him out. Darrell Issa has no idea who he's up against.
http://www.youtube.com/watch?v=MTf3YDNAT70
Game, Set, Match:
http://www.youtube.com/watch?v=dJFyz73MRcg
About the high unemployment rate. Wasn't it around Bush 41 and through the following Administrations that millions of US jobs were off-shored for the expediency of corporations.
It is somewhat amusing seeing a few attempt to defend rahm. But it is also somewhat sad. rahm is the worst of the worst. issa is bad as well, but at least issa will criticize both republicans and democrats alike (see link below, this clip ACTUALLY RELATES to the topic at hand). has rahm EVER acted remotely bipartisan in his long and useless career of politics? Please inform us otherwise if he has. -uberhedge
http://www.youtube.com/watch?v=iSJeujgdyPA
Rahm will suck any cock shoved in his face that is attached to a man with money. Politics of the cock's owner not important.
When does rahms term in the knesset end?
Fucking EXCELLENT!
Only if we had more parliamentarians like these :(