The Shining City Upon a Hill

[BillyCarpenter]

Any of you liberals that don't understand this a fool.

Former Obama Economic Chief: Inflation is Here to Stay


Former President Barack Obama’s chief of global development on Tuesday predicted inflation was here to stay, despite the Biden administration’s protestations to the contrary.


Prices “will go higher, and the Fed has misread the inflation dynamics in a big way,” former Global Development Council Chairman Mohamed El Erian said in an afternoon interview with Fox News’ Sandra Smith, adding that the Federal Reserve was “still hostage to this notion that it’s transitory.”


“The first thing it should do is stop injecting $120 billion every month,” he said, referencing the Fed’s monthly purchase of Treasury securities and mortgage-backed bonds aimed at encouraging heightened levels of consumer borrowing and spending. “It should stop that. Do we really need the Fed to buy $40 billion of mortgages and push house prices even higher? No!”

[SalesServiceGuy]

Any of you liberals that don't understand this a fool.

... if you followed CNBC, you would know that El-Erian is a highly successful global hedge fund manager who's words and advice are listened to by many in positions of power.

Mohamed Aly El-Erian (Arabic: محمد العريان‎, romanized: Muḥammad al-ʿAryān; born August 19, 1958) is an Egyptian-American economist and businessman. He is President of Queens' College, Cambridge and chief economic adviser at Allianz, the corporate parent of PIMCO where he was CEO and co-chief investment officer (2007–2014). He was chair of President Obama's Global Development Council (2012–17),^[1] and is a columnist for Bloomberg View,^[2] and a contributing editor to the Financial Times.

[BillyCarpenter]

... if you followed CNBC, you would know that El-Erian is a highly successful global hedge fund manager who's words and advice are listened to by many in positions of power.

Mohamed Aly El-Erian (Arabic: محمد العريان‎, romanized: Muḥammad al-ʿAryān; born August 19, 1958) is an Egyptian-American economist and businessman. He is President of Queens' College, Cambridge and chief economic adviser at Allianz, the corporate parent of PIMCO where he was CEO and co-chief investment officer (2007–2014). He was chair of President Obama's Global Development Council (2012–17),^[1] and is a columnist for Bloomberg View,^[2] and a contributing editor to the Financial Times.

Look, you've proven to be nothing more than a mere cheerleader for anything liberal. Don't be a sucker.

Former Obama adviser Larry Summers knocks Yellen and Treasury for downplaying inflation


Former Treasury Secretary Larry Summers is knocking the Treasury Department for downplaying the threat of inflation a day after Secretary Janet Yellen said he was “wrong” about out-of-control prices.


Summers, a Democrat who served as treasury secretary under President Bill Clinton and director of the National Economic Council under President Barack Obama, has been sounding the alarm on inflation since earlier this year. He argues that increased demand coupled with an infusion of fiscal spending and large-scale Federal Reserve debt purchases has put the United States at risk of losing control of inflation.

[bsm2]

Watch the RATS

[SalesServiceGuy]

Look, you've proven to be nothing more than a mere cheerleader for anything liberal. Don't be a sucker.

Eric Idle - "Always Look On The Bright Side Of Life"

Eric Idle - "Always Look On The Bright Side Of Life" - STEREO HQ - YouTube

[BillyCarpenter]

Remember when Biden was first elected the first thing that I predicted was the rise of ISIS. Trump beat them down like the scum that they are. You can expect a terrorist attack in the USA very soon. Sad to say it but it is what it is......

Top Pentagon Official: ISIS-K Could Be Capable Of Attacking United States Within A Year



ISIS-K terrorists could be able to carry out attacks against the United States within a year, a senior Defense Department official told senators during a hearing on Tuesday.


Senate Armed Services Committee chairman Sen. Jack Reed (D-RI) explained the need to maintain vigilance in Afghanistan.
“While the United States has ended its military mission in Afghanistan, we must continue to ensure that al Qaeda, ISIS-K, and other terrorist groups cannot use Afghanistan to attack the United States and our allies,” Reed said. “We must remain vigilant about these threats and ensure that we establish an effective and robust counterterrorism architecture moving forward.”


Reed asked Pentagon undersecretary for policy Colin Kahl if he agreed with Gen. Mark Milley, the chairman of the Joint Chiefs of Staff, who said that “there may be a resurgence of international terrorism emanating from the region within 12 to 36 months.”


Kahl responded, “I think the assessment depends on which group we’re talking about.”

[FrohnB]

... when the service is required, I would be eager to rent a Tesla over a gas automobile just to try it for the first time.

So, you talk about "wind energy", "electric cars are good", "clean energy", "climate 'Crisis'", worried about pollution, etc., but you don't own an electrical vehicle yet?
What's up with that?

[SalesServiceGuy]

Remember when Biden was first elected the first thing that I predicted was the rise of ISIS. Trump beat them down like the scum that they are. You can expect a terrorist attack in the USA very soon. Sad to say it but it is what it is......

... a maybe vs the guaranteed huge pile of money the USA would have spent and the US soldiers lives and casualties likely suffered had the USA remained in that very far away country.

With the offer of US foreign aid $ and the Taliban in desperate need of cash, more can be accomplished from a distance against both parties common enemy, ISIS.

[SalesServiceGuy]

So, you talk about "wind energy", "electric cars are good", "clean energy", "climate 'Crisis'", worried about pollution, etc., but you don't own an electrical vehicle yet?
What's up with that?

... I need a minivan for the copier business, I owe nothing on it. It works great and I often drive in excess of 300 km at one time.

[BillyCarpenter]

... a maybe vs the guaranteed huge pile of money the USA would have spent and the US soldiers lives and casualties likely suffered had the USA remained in that very far away country.

With the offer of US foreign aid $ and the Taliban in desperate need of cash, more can be accomplished from a distance against both parties common enemy, ISIS.

It's not so much that we left Afghanistan that's the problem. It's that Biden and liberals in general are weak on national defense. It was Obama's pussyfooting around that led to ISIS uprising to begin with. Trump bombed them into submission.