Uncle Joe

[Overlander]

More Perfect Union
@MorePerfectUS
BREAKING: The biggest chicken and tuna companies in the U.S. have been found guilty of price fixing.

Now thousands of people are getting paid with money recovered from the corporations.

The State of Washington is using over $40 million to send checks to 402,200 households.
3:35 PM · Dec 6, 2023

BRB…..checking mailbox

[Sparko]

And Biden is going to lower prices on pharmaceuticals that have been patented using taxpayer research. If they don't lower their predatory profits, the patent will be in forfeit. Hardball.

[Shirley]

Federal Reserve Chairman Jerome Powell appeared at a news conference and gave an update today after the Fed's final meeting of the year. After all the usual caveats about how no one knows for sure and anything could happen, after raising rates 11 times from ~ 0.0% to 5.25-5.50% from March of '22 to July of '23 in a tightening effort to slow the economy and therefore bring inflation down, he opined that it appears that inflation has been tamed and no other rate hikes are likely. The stock market responded as you would expect, and the Dow shot up 512 points and set a new all-time record.

Again, nothing's for certain, anything can happen, and external events like an oil embargo, a 9/11 episode, another pandemic, China invading Taiwan, et al, could throw things totally off. (External events can always trump fundamentals.) But for the Fed to have tightened the economy so much so fast without causing significant unemployment, and especially during a time of "real wage growth", i.e., wages increasing faster than the rate of inflation, this is something, "a soft landing", few were willing to predict not very long ago. May it ever be so...

I follow this guy, Josh Brown, rather closely, and tho he isn't not generally given to being overly bullish, i.e., optimistic...

"...we have vanquished 9% inflation without losing a single job..."

We have vanquished 9% of inflation, the 2023 bear case is dead, says Ritholtz's Josh Brown

[Shirley]

Today In: Predictions that didn't age well!

Trump: If Biden Is Elected, 'The Stock Market Will Crash' | NBC News

[zsn]

Mich (and “folks”) must be ecstatic, because………401k’s!!!

Expect he’ll be voting for Biden!

[jhawks99]

Gas prices are down this week too. Thanks UJ!

[jfish26]

Today In: Predictions that didn't age well!

Trump: If Biden Is Elected, 'The Stock Market Will Crash' | NBC News

I'm sure we'll be told that all we're seeing here is ELECTION INTERFERENCE in the form of...checks notes...low unemployment, cooling inflation, declining gas prices, expansion in domestic output, etc.

[KUTradition]

Today In: Predictions that didn't age well!

Trump: If Biden Is Elected, 'The Stock Market Will Crash' | NBC News

i’ll see that, and raise you:

https://www.nbcnews.com/news/amp/ncna772736

[Sparko]

I remember when Trump was elected the markets did rightly crash. Then something behind the scenes happened that pumped in "confidence." Trump was a terrible businessman. Terrible politician. Terrible liar. Inept to the core. It never made sense to invest in Nazi-lite.

[Shirley]

Today In: Predictions that didn't age well!

Trump: If Biden Is Elected, 'The Stock Market Will Crash' | NBC News

i’ll see that, and raise you:

https://www.nbcnews.com/news/amp/ncna772736

Of course, how could we forget, except this is the sort of crap Trump's cult laps up, not demanding that he have ideas, actual policies, that make their lives better, so he never stops. You'd think the Randi's and Psych's of the world would have more self-respect than to swallow the endless lies, but apparently not.

Sept. 16, 2016 Donald Trump’s birther days are finally over.

“President Barack Obama was born in the United States,” Trump said brusquely at the end of a campaign event in his new Washington hotel. “Period.”

About 12 hours earlier, senior adviser Jason Miller said in a statement Trump had compelled Obama to release his birth certificate in 2011 to dispel questions about the fact he was born in Hawaii in 1961.

“Mr. Trump believes that President Obama was born in the United States,” the campaign conceded, a gesture meant to end questions – which have bubbled up again in the past weeks – surrounding Republican nominee’s role in advancing a fiction meant to delegitimize the first African-American commander in chief.

Trump himself, however, had not until Friday publicly said he believes Obama was born in the US. And asked recently about his role in promoting the racially charged smear, Trump went uncharacteristically mum.

“I don’t talk about it because if I talk about that, your whole thing will be about that,” he told reporters last week. “So I don’t talk about it.”

Here’s a laundry list of birther declarations Trump made before he tried to put the controversy to rest:

1. “Why doesn’t he show his birth certificate? There’s something on that birth certificate that he doesn’t like.”

- March 23, 2011, on “The View”

2. “He’s spent millions of dollars trying to get away from this issue. Millions of dollars in legal fees trying to get away from this issue. And I’ll tell you what, I brought it up, just routinely, and all of a sudden a lot facts are emerging and I’m starting to wonder myself whether or not he was born in this country.”

- March 28, 2011, on Fox News

3. “He doesn’t have a birth certificate, or if he does, there’s something on that certificate that is very bad for him. Now, somebody told me – and I have no idea if this is bad for him or not, but perhaps it would be – that where it says ‘religion,’ it might have ‘Muslim.’ And if you’re a Muslim, you don’t change your religion, by the way.”

- March 30, 2011, on The Laura Ingraham Show

4. “I have people that have been studying [Obama’s birth certificate] and they cannot believe what they’re finding … I would like to have him show his birth certificate, and can I be honest with you, I hope he can. Because if he can’t, if he can’t, if he wasn’t born in this country, which is a real possibility … then he has pulled one of the great cons in the history of politics.”

- April 7, 2011, on NBC’s “Today” show

5. “His grandmother in Kenya said, ‘Oh, no, he was born in Kenya and I was there and I witnessed the birth.’ She’s on tape. I think that tape’s going to be produced fairly soon. Somebody is coming out with a book in two weeks, it will be very interesting.”

- April 7, 2011, on MSNBC’s “Morning Joe”

Note: On April 27, 2011, President Obama made public his long form birth certificate. The Trump campaign in his statement portrayed this as the event that resolved the situation.

“Having successfully obtained President Obama’s birth certificate when others could not, Mr. Trump believes that President Obama was born in the United States,” Miller said.

But as the following comments demonstrate, whatever he thought personally, Trump continued to gin up birther issues for years after.

6. “He didn’t know he was running for president, so he told the truth. The literary agent wrote down what he said … He said he was born in Kenya and raised in Indonesia … Now they’re saying it was a mistake. Just like his Kenyan grandmother said he was born in Kenya, and she pointed down the road to the hospital, and after people started screaming at her, she said, ‘Oh, I mean Hawaii.’ Give me a break.”

- May 24, 2012, interview with The Daily Beast’s Lloyd Grove, responding to an erroneous report about Obama

7. “A lot of people do not think it was an authentic certificate. … Many people do not think it was authentic. His mother was not in the hospital. There are many other things that came out. And frankly if you would report it accurately I think you’d probably get better ratings than you’re getting.”

- May 29, 2012, to CNN’s Wolf Blitzer

8. “An ‘extremely credible source’ has called my office and told me that @BarackObama’s birth certificate is a fraud.”

[...]

[Shirley]

Sorry, haters:

The Dow was up another 158 points today, setting another all-time high.

Mortgage interest rates fell below 7%.

Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%.

Sales held up despite a 2.9% slide in receipts at gas stations, as energy prices broadly slumped during the month.

In other economic news Thursday, the pace of layoffs slowed sharply last week.

Initial claims for unemployment insurance totaled a seasonally adjusted 202,000, lower than the 220,000 estimate...

[Sparko]

With all of the good news, it is hard to see what to complain about without rightwing media pointing out negative stuff they made up to discredit Biden. Public service.

[jhawks99]

But his emails

[dolomite]

Sorry, haters:

The Dow was up another 158 points today, setting another all-time high.

Mortgage interest rates fell below 7%.

Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%.

Sales held up despite a 2.9% slide in receipts at gas stations, as energy prices broadly slumped during the month.

In other economic news Thursday, the pace of layoffs slowed sharply last week.

Initial claims for unemployment insurance totaled a seasonally adjusted 202,000, lower than the 220,000 estimate...

Might as well face it, Joe is a genius and should be re-elected in 2024.

[twocoach]

With all of the good news, it is hard to see what to complain about without rightwing media pointing out negative stuff they made up to discredit Biden. Public service.

Grocery prices are still offensively and unnecessarily high. There's my only complaint right now.

[Sparko]

Grocery prices are part greed and part Russia invading Ukraine. I upped my gardening game and we cook more at home using affordable options.

[randylahey]

Prices are up across the board. The average family needs an extra 11000 to afford the same things in 2023 compared to 2022. Bidenomics at play

[randylahey]

Also, america just hit an all time record for homelessness. Another great statistic for bidenomics

[RainbowsandUnicorns]

Prices are up across the board. The average family needs an extra 11000 to afford the same things in 2023 compared to 2022. Bidenomics at play

I hate to do it but I have to say if that is accurate, +1 randy -1 Biden.

[RainbowsandUnicorns]

Also, america just hit an all time record for homelessness. Another great statistic for bidenomics

Again, I hate to do it but I have to say if that is accurate, +1 randy -1 Biden.