January 05, 2018 By: Juanita Jean Herownself Category: Uncategorized
Welcome to The World's Most Dangerous Beauty Salon, Inc.
My name is Susan DuQuesnay Bankston. I live in Richmond, Texas, in the heart of Tom DeLay's old district. It's nuttier than squirrel poop here.
I am honored and privileged to know Miss Juanita Jean Herownself, hairdresser extraordinary and political maven. Since she does not have time to fiddle with this internet stuff, I type her website for her and you can read it if you want to. If you don't, she truly does not give a big bear's butt.
A lot of what I post here has to do with local politics, but you probably have the same folks in your local government.
This ain't a blog. Blogs are way too trendy for me. This is a professional political organization.
After enduring the blitz yesterday of the book on Bannon, I would say they were all great!
1*Sigh*
This isn’t funny anymore.
2After shoveling out yesterday, I’m just left with being tired.
And horrified.
As someone commented on Twitter, talk about a book has displaced conversations about nuclear war. What a world!
3lazrgrl:
Got a link for that?
4Sorry Juanita, the panic about the deficit is misplaced.
We use debt for money. If you have a checking account, that’s your asset, but the bank’s liability (i.e. debt). When you write a check, you’re assigning a portion of the bank’s debt to the payee.
The Federal “Debt” is like bank debt, not household debt. Those dollars in your wallet are simply checks made out to cash in fixed amounts. Currency appears on the books of the central bank (“The Fed”) as a liability. Again: we use debt for money.
If you heard of people confronting their bankers, saying “We’re worried about your debt (i.e. our assets in savings and checking accounts), and we want you to increase your fees or decrease interest you pay on savings until it diminishes!”…If you heard about that, you’d say “Those people are crazy!”
…but D’s and R’s all pay lip service to “Fiscal Responsibility[tm]” and say they’re going to reduce Federal “Debt” (in quotes because the Fed can print as much money as it needs to repay that “Debt”).
What happens when we decrease Federal “Debt” — 100% of the time? A Great Depression-sized hole appears in the economy. (See https://www.huffingtonpost.com/l-randall-wray/the-federal-budget-is-not_b_457404.html)
That’s right, the Clinton Surplus was a bad thing.
The (explicitly stated) Republican strategy of “Two Santa Clauses” says Republicans should run up as big a “debt” as possible when in office, and complain as bitterly as possible about it when out of office.
…So don’t play their game.
5Love Ya Juanita!!!! These are hysterical and true!!!! Keep up the good work! You’re the best!
6That red “nuke” button is actually the one for Staples. Trump presses it and he gets sticky notes.
7@Linda Phipps: I thought that was his “Bring Me a Diet Coke” button.
8Dana Milbank of WaPo has a different explanation for Orange Whore’s red button:
“the only button on his desk in the Oval Office is for him to order a Diet Coke. Maybe Trump thinks he is ordering a nuclear strike each time he presses that button and that he is then being rewarded with a Diet Coke?”
9Dana Milbank, WaPo
Adam, I took econ courses in both under and grad school. Not once did I hear anything explained like that! Instead I got a great big story about how Romania under the Couscous based their economy on exporting pork to the point where Romanians hadn’t any to eat. Well, said the prof when I casked him about that, it was one big pig!
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