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August 25, 2020 06:59 AM UTC

Tuesday Open Thread

  • 16 Comments
  • by: Colorado Pols

“Every great mistake has a halfway moment, a split second when it can be recalled and perhaps remedied.”

–Pearl S. Buck

Comments

16 thoughts on “Tuesday Open Thread

  1. Tune: Days of wine and roses

    -0-

    Four days of whine and poses

    Just a rancid breeze

    That drove us to our knees

    From the stink of this racist lying lout.

    Thank god in 70 more days we’ll vote Trump out.

     

    1. Poor, poor Rafael Edward.  If not for the poor pool boy he may have been the Republican nominee in 2016.  

      [l]et us not forget that Donald Trump was personally introduced to the pool boy by Jerry Falwell Jr. Yes indeed. That's how much Mr. Falwell thought of the poor pool boy who was, it is now alleged, taking care of Mr. Falwell's wife while he looked on. Here's the photo, and I'll link below to the terrific Frances Robles story where this was published.

      Michael Cohen delivered the Falwell endorsement for Trump, screwing Ted Cruz out of it, so we should find out more as soon as Cohen's book is out about exactly what it took to get Falwell on board.

    1. Background …

       * GDP changes (by annualized/standard numbers) -5.0 in the first quarter

       * GDP change -32.9 in the next.  That includes “decreases in personal consumption expenditures (PCE), exports, private inventory investment, nonresidential fixed investment, residential fixed investment, and state and local government spending that were partly offset by an increase in federal government spending.”  “April through June 2020 — outlays of $2,658 billion, an increase of $1.5 trillion over the same 3 months in 2019.

      Question: , how many quarters of 20% increase will it take to recoup and get to 0.0% or recover to the same level of GDP?  And will it count if the federal government’s spending (and the Fed’s loan program) is propping up the 20%??

  2. Proposed drinking game for tonight … take a swallow for every appearance of a  speaker who currently is litigating turning over records or testifying to Congress or a court.

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