Fed sends reinforcements into battle against unemployment

Ben Bernanke (AP)

Ben Bernanke (AP)

The Federal Reserve’s Open Market Committee has voted 11-1 to continue and even accelerate its infusion of cash into the national economy. More importantly, perhaps, it announced that it will continue that policy as long as the unemployment rate remains above 6.5 percent and projected inflation remains below 2.5 percent.

That represents a new, even historic level of commitment on the Fed’s part. In effect, Fed Chairman Ben Bernanke and the committee have re-committed themselves to an analysis that joblessness, not inflation, remains by far the biggest challenge to the economy, and that the Fed is obligated to address that challenge aggressively.

With unemployment still at 7.7 percent, well above historic averages, and inflation at roughly 2 percent, well below historic averages, that’s hardly a controversial conclusion. It’s also important to note that in making this decision, Bernanke and the committee are merely carrying out the responsibilities given them by federal law under the so-called dual mandate. Under that law, they are obligated to manage the money supply to both maximize employment and limit inflation, two goals that at times can come into conflict.

However, that dual mandate is highly controversial among many conservatives, who believe that the Fed ought to focus exclusively on inflation — protecting the value of money and property — while taking no responsibility for trying to encourage low unemployment.

Paul Ryan, for example, has introduced legislation that would strip the Fed of the power to pursue low unemployment as a goal. “The Fed should be tasked with the single goal of long-run price stability within a clear framework of overall economic stability,” he wrote in a 2010 op-ed with economist John Taylor. Sen. Marco Rubio recently expressed similar sentiments in a speech to the Jack Kemp Foundation, as have Mitch McConnell, Bob Corker, Jim DeMint and others.

It’s pretty clear that without intervention by the Fed authorized under the dual mandate, unemployment would not have fallen as quickly as it has from the high of 10 percent to its current 7.7 percent. It’s also clear that Bernanke, who was born in Augusta, Ga. and grew up in South Carolina, embraces the dual mandate. As he noted in a press conference this afternoon, it is very important for policymakers to keep in mind the toll taken by unemployment, foreclosures and low-wage growth on actual human beings.

That’s kind of what it’s all about, right?

– Jay Bookman

389 comments Add your comment

JamVet

December 12th, 2012
5:25 pm

General Nero, the World of Warcraft Whiz Kid, is still here?

Speaking of loud mouthed fools and never served nobodies from the 101st Chairborne, does that dipstick Bill “Firefight” O’Reilly still blather on about it, Keep?

Welcome to the Occupation

December 12th, 2012
5:32 pm

Thulsa Doom: “What’s more is that I encourage you to look up on Hulu a pretty good documentary from that ultra con outlet PBS”

Actually it is pretty conservative.

Seriously.

Keep Up the Good Fight!

December 12th, 2012
5:33 pm

Jam, I believe Fox and O’Reilly do but I only have second hand sources for that believe. ;)

Welcome, you are welcome to them :D ….and that pitiful poster. He’s about ready to blow and call me an idiot again. :lol: Always a clear signal when he’s really lost it and drinking.

josef

December 12th, 2012
5:37 pm

Why would anybody trust the Fed? Even its own creator, Senator Owen, turned his back on it and said it was the biggest mistake of his career.

Welcome to the Occupation

December 12th, 2012
5:39 pm

Keep: It’s hit the sauce time here at the Bookman blog!! :)

Keep Up the Good Fight!

December 12th, 2012
5:41 pm

Food prices in Canada are set to spike next year in the wake of a massive drought in the U.S. Midwest, says a new study from the University of Guelph.The Food Price Index 2013 predicts that a record number of Canadians will visit food banks next year

One of many headlines that show an Econ 101 failure by our resident econ nutcase. And there are plenty for prior years. These increases are NOT the result of “printing money” but of supply and demand.

Stephenson Billings

December 12th, 2012
5:42 pm

maybe this is why:

FED PROJECTS HIGH UNEMPLOYMENT FOR NEXT 3 YEARS

“The Federal Reserve projects the unemployment rate will stay elevated until late 2015, suggesting it will keep short-term interest rates low for the next three years.”

http://hosted.ap.org/dynamic/stories/U/US_FED_FORECAST?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-12-12-14-29-01

At the growth and unemployment rate predicted by the fed, we’ll get back down to 4% in like 20 years… or until everyone just stops looking for work….

Common Sense isn't very Common

December 12th, 2012
5:42 pm

josef

I somewhat agree, but since Congress ain’t doing shyte for the economic growth desperate measures may be called for

:-)

josef

December 12th, 2012
5:44 pm

I like Baby Jesus’ Birthday…only a mean one wouldn’t…

BROSEPHUS

SE…

Nero

December 12th, 2012
5:48 pm

Jammie,

Nobody cares that you rode the bench when you “served”. Get over it. It doesn’t matter anymore. Your stories of playing grab-ass in the motor pool don’t impress much. Your continuous name calling is amusing though. :)

Don Abernethy

December 12th, 2012
5:51 pm

Conservatives have predicted that the Feds would start printing more money and the dollar’s value would go down. Hang on. Bread $5.00 a loaf???

Georgia

December 12th, 2012
5:53 pm

Postcards from the cliff. The reds have an opportunity here to recruit. Americans have no idea what Bernanke meant when he coined the phrase, fiscal cliff. The deal’s drama is playing in Peoria. Like an addictive reality show. The first guy to form understandable language exploring the relationship between our constitution and capitalism will gain public support. This is a big opportunity for the GOP.

TaxPayer

December 12th, 2012
5:55 pm

I went to the store to buy some groceries and carried a commodity of known value with me for the purchase but the barrel of oil would not fit in their little cash register so I just said “charge it”.

TM

December 12th, 2012
5:55 pm

Jay- clearly you don’t do the weekly shopping for your family, those that do know that food prices have gone up more that a mere 2%, What exactly has gone down within the family budget? As for the Fed- you better re think you last article about the Stadium because based upon the Fed’’s statement unemployment numbers are going to stink for years to come. At least that 1 billion spent on the stadium will stimulate the local economy for a couple of years,

Thulsa Doom

December 12th, 2012
5:56 pm

keep up the sorry fight,

You failed again ma’am. Your example above points to food prices “next year”. And as I pointed out in my earlier post I destroyed your argument about natural disasters being the cause of price increases by pointing out the natural disasters that occurred under W. Your retort?- some nonsense about lying and namecalling and blah blah blah.

You didn’t even bother addressing my points. You just deflected with some gobbledeegook directed at me as opposed to supporting your assertion.

I provided info showing that purchasing power for the average family has gone down 8% in the last 4 years. If you have any substance or ability to support your nonsensical rants then perhaps you will provide empirical evidence showing that all or the majority of that reduced purchasing power is the result of natural disasters. You can do that right?

I patiently await a logical response from you includig some empirical data to support your nonsensical ideas. Something tells me all I’ll get is a bunch of blah, blah, blah as is your usual response.

indigo

December 12th, 2012
6:00 pm

doom – 5:19

translation – “I can’t refute your assertations so I’ll just ignore them and hope they go away”.

Keep Up the Good Fight!

December 12th, 2012
6:01 pm

At least that 1 billion spent on the stadium will stimulate the local economy for a couple of years,

But but but… govt does not create jobs. Or is it that govt giving NFL “stimulus” is ok but not “those people”?

JohnnyReb

December 12th, 2012
6:01 pm

OK folks, lets get real about inflation. The numbers Jay listed somewhere back on this thread do not give the accurate picture.

Auito gas and diesel prices are about double what they were when Obama took office due to Fed dollars and EPA regulations. Higher energy prices not only cost you more at the pump but touch almost every aspect of your life.

Utility rates are up due to energy policy. Food prices are up due to energy prices. Food vendors have reduced quantity/weight while keeping the prices the same or up slightly. They are reaching the point of no solution other than to raise prices.

Some food is already almost double the price it was 4 years ago. The coming years will see the Middle Class unable to afford certain food items. It’s going to get ugly.

So…the Fed and Obama are causing inflation and you ain’t seen nothing yet considering Barry does not have to worry about reelection. Buyers remorse wont’ help.

Auto

josef

December 12th, 2012
6:04 pm

GOOD FIGHT
Yeah, but we’re gonna need that stadium to park the unwashed masses when they go to revolt… :-)

Keep Up the Good Fight!

December 12th, 2012
6:06 pm

Sorry doomy… I hear you knocking but you have nothing and you don’t have the intelligence to engage in honest debate as each of your posts show. I dont address your “points” because they are lies and distortions and you “rephrase” any real response to fit your lies and nonsense. Now trot along little speedo stalker. I will mock you more. Jay has you on ignore for a reason, child.

Stevie Ray..Clowns to the left and Jokers to the right..here I am...

December 12th, 2012
6:07 pm

JAY

We sure do have a mountain of cash out on the streets…in 1990 there was $250 bln or so in circulation…now we are up to 1.150 trillion with this number doubling since 2000 …I wonder how much more they will toss out there…

It’s a coin toss whether it will work…if it fails, what’s the angle to lay blame on GOP or others?

Got to have that strategy in advance…you know to get that media machine greased up..

George P. Burdell

December 12th, 2012
6:07 pm

The scary part of where we are right now is that the Fed had been selling short term Treasuries and buying long-term to keep long term rates low. The Fed is now basically out of short term Treasuries to sell. They can continue by buying mortgage backed securities as they have been, but it is clear they are running out of ways to have an impact. Ben is desparately trying to fight of deflation, as he should be, but the recoil is going to have to be in higher inflation and that could be ugly. That will hurt the little guy and it is certainly not going to help employment.

getalife

December 12th, 2012
6:08 pm

We found the lying snitch that started bounty gate,

http://www.ngngsports.com/wp-content/uploads/2012/04/saints_cerullo_mike.jpg

Disgruntled coach got fired and sent the lying snitching e mail.

Keep Up the Good Fight!

December 12th, 2012
6:10 pm

TM

December 12th, 2012
6:11 pm

with respect to the stadium since the the State is transferring the taxes it collects from mainly out of state taxpayers who stay at hotels to pay its 30% I don;t see the government creating many jobs for this project

Stevie Ray..Clowns to the left and Jokers to the right..here I am...

December 12th, 2012
6:11 pm

JohnnyReb

December 12th, 2012
6:01 pm

Agreed…need to send you some grits. It is subtle…I just paid $6.60 for a standard size jar of Jif..oddly, its the same amount as a jar of mayo…

Anyone here who cooks frequently, how many times over the last 6 months or so have you gotten out of the grocery store spending less than $50? Produce is up at least 50%…heck, a pack of gum is upwards of $2…

It is easy to sweep this under the rug since obama knows best…but we are getting killed in food and other transportation heavy goods…

getalife

December 12th, 2012
6:11 pm

Do you cons actually think you have credibility?

You might want to work on it.

You don’t.

Stevie Ray..Clowns to the left and Jokers to the right..here I am...

December 12th, 2012
6:15 pm

George P. Burdell

December 12th, 2012
6:07 pm

In the words of David Byrne ( I think)…stop making sense…now you know each side has there “economists” …most more pundits, who will fight tooth and nail to prove the other wrong for political purposes…the fact is that it is a coin toss..risky business…did it really work last time? I’m getting mixed signals.

Keep Up the Good Fight!

December 12th, 2012
6:16 pm

Them cons do whine about free enterprise and free markets when the price of their PB&J goes up as the result of oil prices, droughts and disasters and record corporate profits. But yes sure….blame it on “printing money” and demand Obama do sumthing. :lol:

Thomas Heyward Jr

December 12th, 2012
6:17 pm

“It’s pretty clear that without intervention by the Fed authorized under the dual mandate, unemployment would not have fallen as quickly as it has from the high of 10 percent to its current 7.7 percent”
.———————————————————————————————————————-
.
Only to a full-blown Hopium addict.
.
lol

Stephenson Billings

December 12th, 2012
6:18 pm

Welcome to the “New Normal”. The great economies of the past will remain in the past. But hey, the big, bad US deserves to come back to Earth after all the years of being top dog.

Forward!

getalife

December 12th, 2012
6:21 pm

I want you cons to repeat these words over and over in your head.

The wealthy are fine and doing better than ever.

Brainwash yourself and ignore your lying media.

JamVet

December 12th, 2012
6:23 pm

Nemo,

With the your uncanny knowledge of all matters military, you must have been hellacious at Stratego.

And I bet you were a badass at Battleship too!

Reb talking about economics is almost as funny as Nemo talking about the US military…

Welcome to the Occupation

December 12th, 2012
6:23 pm

George P. Burdell:

Interesting points, but on the issue of inflation, this is not necessarily the disaster that people tend to think. For most people who are not investors but debtors, inflation is actually helpful.

Nero

December 12th, 2012
6:24 pm

The Aints are a dirty organization period. Unsportsmanlike and pay-for-pain mentality. Goodell should have brought the hammer down on them. In the end money won out. Tagliabue confirmed the entire report and let the cheats off for the almighty dollar. Typical NO dirty playing.

Nero

December 12th, 2012
6:30 pm

JellyVet,

Typical butt hurt whines of a draftee non-com. All those motor pool gigs sucked didn’t they? Or was it the KP? :)

Thomas

December 12th, 2012
6:31 pm

Fed sends reinforcements into battle against unemployment

Enough said as to the thought processes of the answer- 45 billion a month of asset purchases. We, the taxpayers, do not know what assets or at what price.

Skip

December 12th, 2012
6:31 pm

$6.60 for jiff? you must think nobody here shops.

Thulsa Doom

December 12th, 2012
6:32 pm

Keep Up the Good Fight!

December 12th, 2012
6:06 pm
Sorry doomy… I hear you knocking but blah blah blah

In other words you got nothing to support your dumbmass thesis that natural disasters are behind the 8% reduction in purchasing power? Just as I predicted!

“Now trot along little speedo stalker.”

Hilarious. The guy that always starts posting to me despite every day is going to call me a stalker! Fun-knee. Irony….

“I will mock you more.”

You’ll have to try harder punkin. Your game is weak. But then why would you mock me? Well I guess that is an admission after all that you really are consumed and obsessed with the Doom. Thanks for the self confession young un.

“Jay has you on ignore for a reason, child.”

So.

bob

December 12th, 2012
6:35 pm

So after four years the unemployment rate still sucks and people are whining about Paul Ryan ? Face the facts, the 800 Billion stimulus was supposed to bring unemployment to 5% and it failed. Saying that if Ryan would get repubs to go along was another jobs bill would bring unemployment down is a joke. These comments are from the same group that think raising taxes on the rich by 90 billion a year will help our 1.25 trillion deficit. But this nonsense comes from a group that thinks Social Security is a good plan so I am not surprised.

JamVet

December 12th, 2012
6:39 pm

Skip, apparently SR buys his peanut butter in Jamaican dollars! (I think the actual price is about $3.00.)

getalife

December 12th, 2012
6:43 pm

nero,

That disgruntled fire coach lied.

Fact.

He was the only evidence and he is a liar.

Austrian Economics Rules

December 12th, 2012
6:43 pm

Your final conclusions are only obvious if you are still an ignorant believer in Keynesian economics. It most certainly IS NOT CLEAR that any of this idiot’s actions have done anything to improve the overall outlook of the economy. Whatever this massive dose of unsustainable counterfeit money has done will ultimately only result in an even great collapse from an even greater height than if we had simply suffered the pain, allowed the bad debt and malinvestment to be liquidated along with the failed companies and gotten back to a sound, sustainable footing. Instead the architect of the housing bubble has bailed out failed banks who made bad loans and investments, re-inflated an overstimulated housing market, and transferred all of the bad debt and inflation to the backs of the taxpayers who will ultimately suffer the overwhelming collapse when the house of cards comes falling down. Meanwhile, all of his former colleagues at Goldman Sachs and the other banking scum will be living the high life in the Caymans or wherever.

Your faith in Mr. Bernanke is grossly misplaced as is your belief in the same smoke and mirrors Keynesian economic policies that led to and prolonged the first great depression.

Thulsa Doom

December 12th, 2012
6:43 pm

“For most people who are not investors but debtors, inflation is actually helpful.”

Welcome to the occupation,

Economics FAIL. Its a 2 way street sir. What you say is true in that their debt doesn’t mean as much in inflationary times- assuming of course their income keeps rising and they are paid in more and more inflationary dollars to pay off old depreciated dollars. And that’s quite a big ASSumption because what if their employer isn’t giving them raises to cope with inflation. In that case they are screwed. Or did you not realize that?

Additionally as their wages are stagnant they are paying more and more for a loaf of bread.

So again your analysis is incorrect. And you would have an incredibly difficult time telling anyone in Zimbabwe or the former Weimar republic that runaway inflation is a good thing.

getalife

December 12th, 2012
6:43 pm

Thomas Heyward Jr

December 12th, 2012
6:44 pm

Peanut Butter?
.
Try some Obamalaise.
.
It tastes great on a Bernanke poop sandwich.
.
lol

Keep Up the Good Fight!

December 12th, 2012
6:47 pm

In other words you got nothing to support your dumbmass thesis that natural disasters are behind the 8% reduction in purchasing power? Just as I predicted!

the only dumbass is you for claiming that is my thesis. Your lies doom you to failure again. You lose again.

Thulsa Doom

December 12th, 2012
6:48 pm

“Whatever this massive dose of unsustainable counterfeit money has done will ultimately only result in an even great collapse from an even greater height than if we had simply suffered the pain, allowed the bad debt and malinvestment to be liquidated along with the failed companies and gotten back to a sound, sustainable footing”

Yep. All they did with the previous bailouts was buy some time and delay the inevitable day of reckoning. The short term pain would have been more severe but the recovery would have been far steeper once we got all the excess out of the system.

josef

December 12th, 2012
6:49 pm

josef

December 12th, 2012
6:50 pm

I’m glad y’all know what you’re talking about. I sure don’t.

getalife

December 12th, 2012
6:50 pm

President Carter said free the weed back in 79.

President Carter is right.

Thulsa Doom

December 12th, 2012
6:51 pm

Your lies blah blah doom you garble again gobbledeegook. You win again.- sandflea

Well at least I got his last point loud and clear over all the garble. He is right. I win. Then again he aint no comp to begin with.

Nero

December 12th, 2012
6:53 pm

getalife,

Tagliabue confirmed the entire report. Your team is dirty. The dollar beat common sense. Your cheaters can play again. Sean Peyton should have been fired. It’s his program and he either knew and let it happen, or he lied. Either way he should have been fired. Typical NO excuses. Its ok. The league will watch your dirty team every play for years now. Have fun with that hanging over your heads. :)

josef

December 12th, 2012
6:54 pm

getalife

President Carter was right about a lot of things…

Mr Right

December 12th, 2012
6:59 pm

The Federal Reserve’s Open Market Committee has voted 11-1 to continue and even accelerate its infusion of cash into the national economy

Your dollar has just become worth less!

James

December 12th, 2012
7:00 pm

Just keep printing money…that should solve our problems.

Soothsayer

December 12th, 2012
7:01 pm

The Fed’s employment mandate is analogous to the fire department spraying water on your front lawn when your house is burning down. Completely useless.

As long as:

1. Corporations control your government,
2. People will work for $200.00 a month in foreign countries, and
3. Corporations can avoid taxation of income in overseas locations,

then unemployment will not improve, it will only get worse.

This is true not only for the United States, but for all of the “developed” OECD countries.

The so-called “full-employment” mandate of the mid-nineteenth century is long-gone. It’s brutal, hard, unforgiving capitalism now.

Bernanke giving lip service to some sort of unemployment mandate is a farcical joke.

Mr Right

December 12th, 2012
7:01 pm

President Carter was right about a lot of things…

Yep, you are right if you could figure out what they were!

getalife

December 12th, 2012
7:01 pm

nero,

Who dat?

Mark in mid-town

December 12th, 2012
7:01 pm

Jay Bookman writes: “It’s pretty clear that without intervention by the Fed authorized under the dual mandate, unemployment would not have fallen as quickly as it has from the high of 10 percent to its current 7.7 percent.”
—————————————————————————————————————————
Jay, let’s be intellectually honest. The only reason the unemployment rate has dropped from 10% to 7.7% is because of the massive drop in workforce participation rate with millions of people completely dropping out of the workforce and no longer being counted as unemployed, though for all intents and purposes, they’re just as unemployed as those officially counted. When weighing for this massive drop in workforce participation rate since Obama took office, the unemployment rate hasn’t dropped at all. In fact, it’s increased when weighing for the large drop in workforce participation rate. That’s the undeniable truth. If what the Fed is doing is preventing that true increase in unemployment from being even worse — then that’s only an indictment of just how abysmal Obama’s policies have been in *stimulating* an economic recovery. But let’s pretend otherrwise.

getalife

December 12th, 2012
7:03 pm

josef,

I know.

Did he start any wars?

His initials are JC so he might be Jesus.

JamVet

December 12th, 2012
7:04 pm

Mr. Right has apparently forgotten two very important words in modern world history – Camp David.

Old Goober

December 12th, 2012
7:06 pm

For most people who are not investors but debtors, inflation is actually helpful.

Actual sentence from an American history book’s coverage of the horrendous inflation during the Martin van Buren administration:

Debtors chased down their creditors and paid them without mercy.

Mr Right

December 12th, 2012
7:07 pm

Mr. Right has apparently forgotten two very important words in modern world history – Camp David

There you go, that’s one! BRAVO!!!

JamVet

December 12th, 2012
7:09 pm

Mr. Right, did you sleep through high school?

TaxPayer

December 12th, 2012
7:10 pm

Poor Republicans! Just when they thought their lives could not get any worse, they discover inflation. Now they’re gonna have to factor in another tax hike to cover the reduced government buying power of their tax dollars.

Thulsa Doom

December 12th, 2012
7:13 pm

“Poor Republicans! Just when they thought their lives could not get any worse, they discover inflation”

Because inflation of course only effects Republicans. Dems have a super secret anti inflation spray that insulates them from inflation.

TaxPayer

December 12th, 2012
7:13 pm

We all know that the unemployment rate has dropped because the Bush tax cuts have finally started stimulating the job creators. Right! Am I right!

Mr Right

December 12th, 2012
7:14 pm

Mr. Right, did you sleep through high school?

Hmm—No—-Why?

Nero

December 12th, 2012
7:14 pm

getalife,

The New Orleans Aints. Cheaters

TaxPayer

December 12th, 2012
7:15 pm

Dems have a super secret anti inflation spray that insulates them from inflation.

Yep and you can’t have any. Pffffttttt!

Recon 0311 2533

December 12th, 2012
7:15 pm

The chickens eventually come home to roost. This administration has been an economic failure. I believe its been a failure in both domestic and in foreign affairs. Keeping it focused on the fed’s action of not so long ago Bernanke said that continued quantitative easing wouldn’t do much to reduce unemployment and he was correct, it won’t.

josef

December 12th, 2012
7:16 pm

When the country turned its back on Carter it turned its back on the moral high road. We’ve been paying for that ever since.

Nero

December 12th, 2012
7:16 pm

Jammie mostly slept through his draft enlistment.

josef

December 12th, 2012
7:18 pm

Nero

December 12th, 2012
7:19 pm

josef,

Moral high roaders die just the same when bad guys and terrorists murder them.

josef

December 12th, 2012
7:21 pm

NERO

Yeah, but at least they die with a clear conscience…

Stew Day

December 12th, 2012
7:24 pm

It is a great policy if you have cash on hand to purchase hard assets–super inflation will implode ove rthe next couple of years. Invest and buy, and in several years in teh future you will be part of the 98%.

TaxPayer

December 12th, 2012
7:27 pm

I tried sharing some of my top secret anti-inflation spray with a Republican and I told him how to use it and what not to use it on but he wouldn’t listen. He sprayed it on his house and it deflated its value. Now he’s underwater on his loan but at least his home value will not be inflated for years to come. Some people just never learn.

Recon 0311 2533

December 12th, 2012
7:27 pm

When James Earl Carter sent an ill conceived final hour hostage rescue operation into Iran in a failed attempt that was only designed to save his failed presidency, he went from being an incompetent president to being an immoral president.

Mick

December 12th, 2012
7:28 pm

Someone mentioned it earlier but I think it to be quite true; All of us who have survived this great recession and paid our bills faithfully should be compensated for keeping stability for the banks who borrowed from us, the taxpayers: 1% mortgages, and maybe 1% credit card interest for three years.
It is our due, then watch the economy boom!!!

TaxPayer

December 12th, 2012
7:29 pm

Yeah, but at least they die with a clear conscience…

If only that mattered equally to all, we would all be much better off.

Nero

December 12th, 2012
7:31 pm

josef,

Whatever floats your boat, bud. :)

josef

December 12th, 2012
7:34 pm

“Human rights is the soul of our foreign policy, because human rights is the very soul of our sense of nationhood. ”

–Jimmy Carter

Nero

December 12th, 2012
7:35 pm

TaxPayer,

Utopian sentiment. True it would be much better, but reality is a far different beast. Some only understand the business end of a weapon.

Keep Up the Good Fight!

December 12th, 2012
7:35 pm

Idiot America: How Stupidity Became a Virtue in the Land of the Free

Hmmmm…. I think the problem with the conned from the GOP has been clearly identified.

josef

December 12th, 2012
7:37 pm

Wa-do Del

Well, we know you are the REAL expert on immorality…being perhaps, imeoiauo,one of the most immoral persons I have ever had the experience of running across…

josef

December 12th, 2012
7:39 pm

NERO

Relax, Mec, but a clear conscience means more to me than just about anything…I can sleep at night and, I hope and pray, am leaving the world a better place for having passed through it…

Recon 0311 2533

December 12th, 2012
7:44 pm

josef,

You’re a disgusting little fella who wears an immoral personal life on your sleeve that no one really cares about including most on this blog if the truth were known. You can keep thinking otherwise as that’s your pathetic right to do so. That’s the last you’ll hear from me.

josef

December 12th, 2012
7:48 pm

Wa-do Del

Well, well…I’ve been told before that this/that was the last I’d hear from you, and like a bad case of jock itch you just keep coming back. I’ll let the others pass their judgment on me without taking your word for it. So, why don’t you go whining to the AJC board, eh?

I would say what I really feel about you, but you’re really not worth getting a red card for. Besides, you’re funny…

Nero

December 12th, 2012
7:49 pm

josef,

I can respect that. Wouldn’t want to disturb your beauty sleep. :)

Mick

December 12th, 2012
7:50 pm

recon

You talk too much smack, as witnessed by all your pre-election arrogance…no humility, just pie on your face…

josef

December 12th, 2012
7:50 pm

NERO

L-rd knows I need it! :-)

Keep Up the Good Fight!

December 12th, 2012
7:51 pm

that no one really cares about including most on this blog if the truth were known.

Actually I would say that about our Ftroopy contingent but I don’t presume to speak for most or any other bloggers. Only a real butt beret would do that…. poor little homophobic.

Nero

December 12th, 2012
7:52 pm

Red cards are my domain. The crybabies on the blog have it bad for me. I think you two should have a beer and go bowling. :)

Doggone/GA

December 12th, 2012
7:52 pm

“Besides, you’re funny…”

Just think: NAACP

Nero

December 12th, 2012
7:54 pm

Mick

December 12th, 2012
7:54 pm

nero@7:52

That was funny =]

saywhat?

December 12th, 2012
7:55 pm

It seems like its been months since Jay last referenced climate change.

Here is another nudge towards reality for the types of people who believed Romney would be President, right up until election night.

http://www.nytimes.com/2012/12/13/us/climate-change-threatens-ski-industrys-livelihood.html?_r=0

0311/8541/5811/1811/1801

December 12th, 2012
7:56 pm

“Fed Chairman Ben Bernanke and the committee have re-committed themselves to an analysis that joblessness, not inflation, remains by far the biggest challenge to the economy, and that the Fed is obligated to address that challenge aggressively.”

Well, I sure hope they voted for Romney then !