gotta do it after the primary season is over for absolute minimum democratic engagement to pick his replacement
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Kamala time baby
FINALLY SHE DESCENDS UPON HUMANITY ! LIKE LIGHT ITSELF ! FEAR NOT ! HILLARY HAS ARRIVED
Hillary with Kamala as VP would be peak comedy.
:Awkward laughter intensifies:
And then spend years blaming third party/independents/non-voters thinking it will bring them around after Gavin loses to drumpf
Person earning 7 figures just to tell some clowns about made up fake shit predicting if the chips in the casino will fall face up or down is now also having an opinion on PoLiTiCs.
Who the fuck they gonna run instead? Buttigieg? Yang? Hillary fucking Clinton? Lmaoooooo
Would be hilarious to see CNN and MSNBC do everything they can to promote Dean Phillips as the younger Biden.
They've spent the last year already using the argument "you might not like it and sure, he keeps explicitly saying he doesn't give a fuck what you think and he won't change any of his policies based on popular opinion but you have tonvote for him because he's THE ONLY PERSON IN THE WORLD who can beat trump"
It's gonna fall pretty flat if they try to say "ok you might also not like this person with the same policies but actually THIS PERSON is the only one who can beat trump"
I mean it'll work on blue Maga but anybody who's not willfully ignorant is gonna chuckle to themselves while figuring out what they want to drink instead of wasting time voting.
Cenk Uyghur
The time has finally come for Howard Dean #yeaaghh
If Biden drops out in the early primaries, it would complete this 4-year farcical play he's been doing where he tries to be the dollar-store brand LBJ. The last act involves retiring following your complete alienation of the youth vote over a foreign policy issue they overwhelmingly oppose you on.
At this point, it would probably be a major boon to the Democrats, since Biden polls incredibly poorly compared to a generic Democrat (as long as they pick someone other than Kamala or Gavin Newsom).
Im not really "that" tuned into US politics. Are there really any democrat politicians people are into at the moment ?
Unironically Pritzker is someone to watch out for although imo not this election cycle. Of the democrat governors, I've seen more positive and less negative from him. Motherfucker got me legal weed and a paid vacation. That's powerful energy going into the future
It's wild that the richest politician in the country is somehow one of the better ones
Same reason FDR was smart enough to invest in guillotine insurance.
I have met more than one rich person IRL who gets what’s going on and understands how to actually keep capitalism running. Weirdly it’s the CEOs and people who have inherited vast sums (like Pritzker) that are the sharpest on this. Entrepreneurs and business owners are completely off the deep end though, they all think they’re characters in an Ayn Rand novel.
If I was a soulless billionaire I would be pushing for social democracy tout court.
Ayyyy another IL comrade!
Oh, I've been here. I've been contemplating going out of my way to see you play one of these days but I don't want to be cringe irl
As far as I can tell, not really, but there are certainly democrat politicians that are quite loathed. Simple indifference would be a massive improvement over the attitudes towards Biden.
Biden polls incredibly poorly compared to a generic Democrat (as long as they pick someone other than Kamala or Gavin Newsom).
so basically the concept of a generic democrat but not any particular generic democrat?
Chapo boys said years ago that they'd win every election if they just ran blank silhouettes named "[popular policy]" instead of any specific dem
well then they'd have to actually do the policy which would defeat the whole point of a bourgeois election
"health issues"
death to america
A JPMorgan strategist predicts Joe Biden could "have information leading to the arrest of Hillary Clinton" sometime between Super Tuesday and the November election, citing health reasons.
Being Clinton’d does have adverse effects on your health, yes
A member of the boug tells Biden he should quit while he's still ahead
important to note that this is basically a "just for fun" section, dunno why BI is picking it up. source
Market Strategist Byron Wien passed away last year at the age of 90. For over 30 years whether at Morgan Stanley or Blackstone, Byron published a top ten list of surprises for the following year. I never read any of the articles that kept score on how well Byron’s predictions did since that’s not the point. They were an exercise in thinking against the grain about what might happen in an industry dominated by consensus. In Byron’s honor, for one time only, here’s my list of top ten possible surprises for 2024.
neat newsletter. I have a soft spot for capitalists who nevertheless face economic motivation to be truthful. You can get some nice stuff reading from a Marxist perspective and at the same time laugh at them complaining that the EU has been "underspending" (<2% GDP) on war.
Tidbits (emphasis mine):
We also expect wage inflation to decline based on the decline in advertised wages (second chart); observed declines in temporary help, manufacturing and overtime hours worked, unit labor costs, the “job switcher vs job stayer” premium, the share of private industries with rising employment and the voluntary quits rate; and rising female labor force participation. While negotiated pay raises are still at peak levels, union workers are only 7% of the workforce, below the 20%-30% range which prevailed during the 1970’s.
new wave of union militancy starting to show up in the data. fuck yeah
The problem for the US is the starting point; every round of fiscal stimulus brings the US one step closer to debt unsustainability. I don’t think we’re there otherwise we wouldn’t recommend long duration US government bonds. We also wrote last year on how there has been no material change in the dollar’s role as reserve currency.
to give accurate financial advice, you have to recognize that the US national debt doesn't really matter much. JPMC also recognizes as realistic possibilities
- a wealth tax
- further pushback against pharmaceutical capital in the form of Medicare negotiation and stuff.
Estimates of US household excess savings
now that's a trendline, check out this graph. something funny will happen when it hits 0
China’s challenge stems from misallocated investment in real estate rather than from excess industrial capacity. Its home ownership rate peaked at ~90% and 20% of Chinese households own more than one home.
China’s 430 square feet of housing stock per capita is double the levels in Europe or Japan (D. Gros/Project Syndicate)
66% of US households own the home they live in. Whole section is interesting. Bigger Chinese households?
his frontal lobe could barely handle the last election, now he's 4 years older
Somehow the opinion of a JPMorgan asset management strategist is newsworthy.
Genocide Joe is gonna win the election with a comfortable margin
Think about it, genocide and student loans are not gonna sway boomers or Gen Xers one way or the other
Trump's legal battles are gonna bog his campaign down and many of his supporters don't trust voting because of his "2020 steal" narrative
Housing prices and the line are up which means everyone in the top 30% income percentile who isn't online adores Biden
Biden will probably win with a slightly larger margin than last time
In reality Biden is going to perform very, very poorly.
The only thing Biden had going for him in 2020 was not being Trump. Okay, what Trump era policies has he reversed? What "progressive" policy has he pushed through that hasn't been immediately struck down by the courts or shelved in the House? Libs like to bring up Build Back Better, the CHIPS Act, the Inflation Reduction Act. Yeah sure, whatever the fuck those even are. Ask the average American how those policies have materially improved their lives, and they couldn't tell you. He shit the bed with Afghanistan. Roe was killed on his watch. The concentration camps at the border are still open. We're financially on the hook for two foreign wars that are being waged by maniacs that have no true path to victory.
The majority of normal people think the economy is shit right now, and feel gaslit when they are told " ackshually bidenomics is working and you're just wrong stupid poors lol " which is the narrative his campaign and the media have been pushing for months. No one is buying it.
The fact is, he's utterly failed to distinguish himself from his predecessor, a literal fascist. Without a major change in campaign and legislative strategy, he is done for. He cannot lose a single state that he won in 2020, and the threat of a second Trump term isn't enough to save him anymore. Also, thinking that Trump voters will stay home "because it's stolen anyway so why bother" is deranged magical thinking.
Biden will probably win with a slightly larger margin than last time
Big there.
I don't think its possible to call this election at the moment, but i do doubt he does better than in 2020. It'll be interesting to see what the turn out is compared to 2020 as well. I wouldn't be suprised if its lower on both sides
I'm not sure I exactly disagree with you but the wildcard here might be further inflation driven by supply chain disruption in the red sea... (whether it's real or just companies seizing on disruption to price gouge), or other escalation in the middle east leading the US to get directly involved or severely embarassed
Also people who aren't in the top 30% of income do absolutely still vote. At lower rates sure, but they do vote. in major elections turnout doesn't go below 50% until you get to severe poverty levels of income
let's do push ups together man
Hey listen Jack, we in the administration, has, I have... I have information that will lead to, frankly, the arrest of uh ah
Who gave JP Morgan access to the lathe?
How about we do this fresh no Trump and no Biden. Let’s get something new in there.