New Jan 6th talking point: refusing to condemn the protesters is causing hyperinflation

[Anti Federalist]

Larry Summers Blames ‘Banana Republicans,’ January 6 for Inflation

https://www.breitbart.com/clips/2022...for-inflation/

PAM KEY 12 Jun 2022

During Sunday’s broadcast of CNN’s “State of the Union,” former Treasury Secretary Lawrence Summers said that “banana Republicans” and the events of January 6, 2021 had contributed to the inflation underway in the U.S. economy.

Summers said, “We should focus on what’s important, not raising input prices for American producers, so they’re less competitive, which is what much of those tariffs do. Instead, we should be focusing on things that allow the leakage of key technologies to China and the like. We should pass at long last some kind of legislation, ideally, on a bipartisan basis that would raise the vastly excessive Trump tax cuts, join the world in taxing corporations, take down prescription drug prices. All of that would operate to reduce inflation. There are things we can do.”

Summers added, “If I can step out of my area for one second. I think the banana Republicans who are saying that what happened on January 6 was nothing or OK are undermining the basic credibility of our country’s institutions. That, in turn, feeds through for inflation because if you can’t trust the country’s government, why should you trust its money? So, I think it’s terribly important that we take the temperature down in Washington. That we recognize behavior that’s just out of bounds of reasonable and decency, we give the Fed the room it needs. We bring down the budget deficit. We take down prices directly through prescription drugs. This is a challenge that we can meet. If we’re prepared to be serious about taking it on.”

[Anti Federalist]

That, in turn, feeds through for inflation because if you can’t trust the country’s government, why should you trust its money? So, I think it’s terribly important that we take the temperature down in Washington.

Take down the temperature?

You better look in the $#@!ing mirror pal.

For a full year prior to Jan 6 2021 the entire nation suffered from riots, lootings, arson and murder carried out by Marxists basing their actions on utterly bull$#@! assumptions.

Institutions were torched, symbols defaced and torn down, the national chapel was set on fire, COVIDiocy lockdowns were universally ignored and the response from "authority" was "oh let them blow off some steam" or "George Floyd is a modern day saint, anything done in his name is justified".

I haven't "trusted this country's government" for well on 40 years now.

One of the reasons is that it spends like a drunken sailor, prints money by the trillions to cover the debt and then tries to gaslight me with horse$#@! propaganda like this about why their worthless fiat currency is worthless.

Shut the $#@! up, fool.

[Anti Federalist]

And you ain't seen inflation yet.

Saw diesel at $7.01 yesterday in NH.

Wait until $10 a gallon diesel and $8.00 a gallon jet fuel starts impacting prices. (those are the fuels that transport 99 percent of everything sold and traded and manufactured in the world, excluding the tiny percentage of ships or trains that use coal, heavy bunker oil or sail)

[acptulsa]

We take down prices directly through prescription drugs.

So does that really make the dollar worth more, or does it just make us forget when we could afford food?

[oyarde]

temp is going up , republicans dont have bananas , dems have graft and this countries money and governments were not trustworty long before any jan 6 this century

[oyarde]

if the fed raises interest a percentage point every two months to Christmas that will put home loans around 9 percent and diesel could be 9 . ouch

[A Son of Liberty]

Larry Summers Blames ‘Banana Republicans,’ January 6 for Inflation

https://www.breitbart.com/clips/2022...for-inflation/

PAM KEY 12 Jun 2022

During Sunday’s broadcast of CNN’s “State of the Union,” former Treasury Secretary Lawrence Summers said that “banana Republicans” and the events of January 6, 2021 had contributed to the inflation underway in the U.S. economy.

Summers said, “We should focus on what’s important, not raising input prices for American producers, so they’re less competitive, which is what much of those tariffs do. Instead, we should be focusing on things that allow the leakage of key technologies to China and the like. We should pass at long last some kind of legislation, ideally, on a bipartisan basis that would raise the vastly excessive Trump tax cuts, join the world in taxing corporations, take down prescription drug prices. All of that would operate to reduce inflation. There are things we can do.”

Summers added, “If I can step out of my area for one second. I think the banana Republicans who are saying that what happened on January 6 was nothing or OK are undermining the basic credibility of our country’s institutions. That, in turn, feeds through for inflation because if you can’t trust the country’s government, why should you trust its money? So, I think it’s terribly important that we take the temperature down in Washington. That we recognize behavior that’s just out of bounds of reasonable and decency, we give the Fed the room it needs. We bring down the budget deficit. We take down prices directly through prescription drugs. This is a challenge that we can meet. If we’re prepared to be serious about taking it on.”

All of this is nothing more than partisan lies, and he knows it.

Did 5/29/20 do anything to undermine the credibility of "our country's institutions"? Did 1/6/17? Or any of the abject terrorism of the summer of 2020? Did any of these events cause inflation? Do Democrats bear any responsibility for their inflammatory rhetoric preceding these events? Will there be any hearings to determine so? Where is the media on these events (and, related, is it any wonder that the average American knows almost nothing about them... BUT ZOMG J6!!)?

A lunatic attempted to assassinate a SCOTUS Justice, and literally the same day, protestors arrived at HIS house, in direct violation of federal law. Where is Merrick Garland (the one thing Turtle McConnell has done right in his life was in preventing this snake from getting a seat on the SCOTUS)?

When deranged leftists stormed the capitol to protest INSIDE the building during the Kavanagh hearings, were they a "threat to our 'Democracy'"? When they beat on the doors of the SCOTUS?

When the then-candidate for the Democrat nomination for president, Kamala Harris, was actively encouraging and helping to bail out rioters in 2020, was that a "threat to our 'Democracy'"?

Will Republicans do ANYTHING about ANY of this, assuming their worthless asses get elected in November?

We all know the answers to all of these questions.

There are two ways forward - civil war, or separation. And really, there is only one way forward, because separation will not be allowed. They don't want to peacefully co-exist separately. They want compliance, or death.

[Anti Federalist]

So does that really make the dollar worth more, or does it just make us forget when we could afford food?

Those Soylent brand "Dignified End Of Life®" pills ain't gonna buy themselves.

That $#@! ain't cheap.

[Anti Federalist]

All of this is nothing more than partisan lies, and he knows it.

Did 5/29/20 do anything to undermine the credibility of "our country's institutions"? Did 1/6/17? Or any of the abject terrorism of the summer of 2020? Did any of these events cause inflation? Do Democrats bear any responsibility for their inflammatory rhetoric preceding these events? Will there be any hearings to determine so? Where is the media on these events (and, related, is it any wonder that the average American knows almost nothing about them... BUT ZOMG J6!!)?

A lunatic attempted to assassinate a SCOTUS Justice, and literally the same day, protestors arrived at HIS house, in direct violation of federal law. Where is Merrick Garland (the one thing Turtle McConnell has done right in his life was in preventing this snake from getting a seat on the SCOTUS)?

When deranged leftists stormed the capitol to protest INSIDE the building during the Kavanagh hearings, were they a "threat to our 'Democracy'"? When they beat on the doors of the SCOTUS?

When the then-candidate for the Democrat nomination for president, Kamala Harris, was actively encouraging and helping to bail out rioters in 2020, was that a "threat to our 'Democracy'"?

Will Republicans do ANYTHING about ANY of this, assuming their worthless asses get elected in November?

We all know the answers to all of these questions.

There are two ways forward - civil war, or separation. And really, there is only one way forward, because separation will not be allowed. They don't want to peacefully co-exist separately. They want compliance, or death.

Huzzah!

[phill4paul]

There are two ways forward - civil war, or separation. And really, there is only one way forward, because separation will not be allowed. They don't want to peacefully co-exist separately. They want compliance, or death.

Magic 8 ball says: As I see it, yes.

[69360]

It's not inflation. it's Putin price increases. Didn't you all get the talking points?

[Krugminator2]

Take down the temperature?

You better look in the $#@!ing mirror pal.

I haven't "trusted this country's government" for well on 40 years now.

One of the reasons is that it spends like a drunken sailor, prints money by the trillions to cover the debt and then tries to gaslight me with horse$#@! propaganda like this about why their worthless fiat currency is worthless.

Shut the $#@! up, fool.

He's playing politics but he is single best person in the White House right now. He's probably more fiscally conservative than at least half of Trump's appointees.

He was very early and very right about inflation and got ridicule from think piece after think piece. One of a hundred examples. First sentence says it all. https://jacobin.com/2021/09/larry-su...serve-treasury

He was a pretty good Treasury secretary under Clinton. Was a big deregulatory. He stood up to political correctness at Harvard and got fired. He called Cornell West out for race hustling https://www.nytimes.com/2002/04/16/u...f-harvard.html said maybe men went into engineering because there are differences in aptitude between sexes. https://www.theguardian.com/science/...p.genderissues Harvard has a number of economists on the right and he stood up for them when they were attacked. There was a walkout a decade or so ago from Greg Mankiw's class and I remember Summers being the first to stick up for him.

Also wrote a good eulogy for Milton Friedman. https://www.nytimes.com/2006/11/19/o...19summers.html

He took all the arrows from the left for a decade. I've watched a few YouTube's of him ripping to shreds left wing economists with great arguments. For example https://www.econlib.org/larry-summer...omic-analysis/

Seems like there are better people to complain about.


This should be your kind of guy

. His tenure at Harvard has been marked by clashes with African-American staff and leftwing intellectuals, and complaints about a fall in the hiring of women......

shortage of women in senior posts in science and engineering, starting with their reluctance to work long hours because of childcare responsibilities......

"Research in behavioural genetics is showing that things people previously attributed to socialisation weren't due to socialisation after all," he told the Boston Globe yesterday....

At least half of his audience comprised women, several said they found the remarks offensive and one walked out...

[RJB]

From what I am seeing in conversations with lefty friends, it is reminiscent of tyrannies where you get charged with treason for not denouncing something strong enough.

[Occam's Banana]

And you ain't seen inflation yet.

Saw diesel at $7.01 yesterday in NH.

Wait until $10 a gallon diesel and $8.00 a gallon jet fuel starts impacting prices. (those are the fuels that transport 99 percent of everything sold and traded and manufactured in the world, excluding the tiny percentage of ships or trains that use coal, heavy bunker oil or sail)

https://twitter.com/jordanbpeterson/...69620716584960

[Occam's Banana]

Larry Summers Blames ‘Banana Republicans,’ January 6 for Inflation

https://www.breitbart.com/clips/2022...for-inflation/

PAM KEY 12 Jun 2022

During Sunday’s broadcast of CNN’s “State of the Union,” former Treasury Secretary Lawrence Summers said that “banana Republicans” and the events of January 6, 2021 had contributed to the inflation underway in the U.S. economy.

Summers said, “We should focus on what’s important, not raising input prices for American producers, so they’re less competitive, which is what much of those tariffs do. Instead, we should be focusing on things that allow the leakage of key technologies to China and the like. We should pass at long last some kind of legislation, ideally, on a bipartisan basis that would raise the vastly excessive Trump tax cuts, join the world in taxing corporations, take down prescription drug prices. All of that would operate to reduce inflation. There are things we can do.”

Summers added, “If I can step out of my area for one second. I think the banana Republicans who are saying that what happened on January 6 was nothing or OK are undermining the basic credibility of our country’s institutions. That, in turn, feeds through for inflation because if you can’t trust the country’s government, why should you trust its money? So, I think it’s terribly important that we take the temperature down in Washington. That we recognize behavior that’s just out of bounds of reasonable and decency, we give the Fed the room it needs. We bring down the budget deficit. We take down prices directly through prescription drugs. This is a challenge that we can meet. If we’re prepared to be serious about taking it on.”

[acptulsa]

This should be your kind of guy

My kind of guy says, "Creating an oversupply of currency devalues the crap." That's what my kind of guy says.

$#@! only comes out of one end of my kind of guy, not both ends.

[Anti Globalist]

Condemning protesters and hyperinflation have nothing to do with each other.