This "longest streak of consecutive jobs growth on record" started in October 2010, for those wondering.

Maybe they should stop, you know, BUYING the drugs.

Everyone is quoting rap songs these days, but this one is pretty funny imo.

How many have you stiffed directly or through contractors?

I used to wish he would just ****ing die, but the GOP would just parlay it into Pence forever. What an absolute **** hole this country is.

lol schumer, that's actually pretty impressive

Can you expand on this? I don't really know much about what regional Fed banks do or the relevant experience they might provide to be appointed to the Fed.

That's a pro tweet right there. Chucky hire a staffer from AOC?

Nothing matters

Florida paint shop owner Juan Carlos Enriquez has what you might call a complicated relationship with Donald Trump. For three years, he waged a fierce legal battle to get the real-estate mogul to make good on an unpaid bill. And then in November, he voted for the guy. "Politics and business are two different things,” Enriquez, 52, told NBC News.

[...]
In the fall of 2013, the small business got a big job. A subcontractor on the $200 million remodeling of the Trump National Doral golf resort ordered $142,000 worth of paint from Enriquez. The paint was delivered and used, court records show. Trump Endeavor, the company that operates the resort, paid the early installments of the bill, but after the subcontractor walked off the job, Enriquez never got a final payment of about $32,000. In the fall of 2014, Enriquez filed a lien, a legal tool used to recover a debt by tying up a piece of property. He said he offered to settle the matter for $26,000 but the Trump team balked — not surprising since Trump has repeatedly boasted that he never settles.

[...]

The Trump Organization decided to appeal, and the case was still pending when Enriquez had to decide who to send to the White House. A registered Republican who sometimes votes for Democrats, he admits he hesitated over his mail-in ballot. "I was pissed at that point," he said. He knew that Trump had been accused of stiffing other small businesses. And he believes the mogul — who once boasted that he never settles a lawsuit — has "got to be accountable" for decisions made by his underlings or attorneys. "People who don't pay their bills? It gives me a bad taste in my mouth," he said.

Still, he put his mark in the Trump column.

"At the end of the day, you have to be a proud American," he said, praising Trump's immigration policies and "no-nonsense" style.

District bank boards basically divided into three groups:
Directors representing member banks
Directors chosen by member banks to represent the public (not surprisingly, a lot of business owners and ceo types)
Directors chosen by Fed Reserve board to represent the public (academics, union leaders and some big business owners here)

In smaller districts, you get a lot more nepotism partly due to dearth of qualified candidates and partly due to their relative insignificance.

In NY, by convention and desire for self preservation, the banks and business leaders have been very professional and almost invariably hired well respected career bureaucrats and economists. SF too to a lesser extent.

Juan Carlos Enriquez sounds like a genuine idiot.

Stay safe. Try and fit some golf in if you can. Love to M & B. Be Best!

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Trump’s Fed Picks Have Fond Memories of the Gold Standard

John Maynard Keynes, the secular saint of left-leaning economists, called gold a “barbarous relic.” Milton Friedman, his counterpart on the right, said a gold standard for the dollar “is not feasible because the mythology and beliefs required to make it effective do not exist.” In 2012, a survey of leading economists by the University of Chicago Booth School of Management found that 34 percent disagreed with a gold standard and 66 percent disagreed strongly.

Yet both of President Donald Trump’s apparent picks for open seats on the Federal Reserve Board of Governors, Stephen Moore and Herman Cain, are interested in fixing the price of the dollar in quantities of gold—bringing back a system that President Richard Nixon abandoned in 1971.

Their stance on gold encapsulates how far the two are outside the mainstream. It doesn’t mean they’re wrong—just that most economists of the left, right, and center who have looked into restoring the gold standard have concluded that it would be a bad idea.

Then again, the person who wants them on the Fed is more open to the idea. While campaigning for president in 2016, Trump told GQ, “Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money.”

...

Cain is all-in for gold. In an op-ed for the Wall Street Journal that he wrote in 2012 after he had dropped out of the race for the Republican nomination, in part over accusations of sexual harassment, he wrote: “Gold is kryptonite to big-spending politicians. It is to the moochers and looters in government what sunlight and garlic are to vampires.” Moore, who holds a master’s degree in economics, is less of a gold bug than Cain. In a 2015 interview, he said he would prefer to peg the dollar to the value of a basket of commodities, not just gold. But he did say a gold standard would be “a lot better than what we have now.”

Wouldn’t say I’m necessarily jealous but I am curious how every single Republican lives with absolutely zero shame. Guess it helps when you realize there are zero repercussions for your actions and sometimes you even get rewarded since our population is like 50% absolute pieces of ****

That dude is self hating on so many levels.

Actually it does mean they are wrong. Going back to a gold standard is absurd.

Legitimately the only person on earth in consideration for dumber than trump.