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Daniela Gabor
@DanielaGabor 5 years, 7 months ago 680 views

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bankers against Biden's fiscal plan could really do with some proper fact-checking before sending their op-ed to the FT.

We all understand 'it's ideology, stupid!', but no excuse for lazy arguments.

apparently, the Gospel according to Morgan Stanley is that we havent had enough neoliberalism for the past 4 decades

if you click on BIS link, it tells you monetary policy, not higher deficits, are associated with wealth inequality.

Incidentally, unconventional monetary policy through which central banks basically rescued banks after they nearly destroyed the global financial system in 2008

speaking of government spending, who else but Morgan Stanley got $10 billion in equity investments from US Treasury in 2008?

I cant think of a more productivity-enhancing outlay for 10bn of public funds.

the OECD 'evidence' that 'four straight decades of growing government intervention in the economy have led to slowing productivity growth' is also, excuse my language, a lot of bullshit.

if anything, there is stronger evidence that monetary policy is more important for explaining some of the productivity puzzle.

to blame government spending, instead of the Morgan Stanleys of this world, for monetary policy is, let's say, a bit rich

I really like that someone high-up in Morgan Stanley can write about the 'low interest rate elite'

it's on par with Erdogan's 'high-interest rate cabal'

the OECD 'evidence' again, two paragraphs lower!

'my team cannot prove causality, and I wont even link to the study proving correlation, but it must be true because I am a serious person making substantive arguments backed by strong evidence'

the average person understands that some bankers do get a free lunch, and munch on it while penning underwhelming op-eds.

I for one am all for Biden taking it away. Or better, redistribute it to some migrant workers breaking their back for $10 an hour.

More from Biden

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👸🏻
@LilMsOpinion

Why is anyone surprised #BidenLied ?

Had the media actually done their damn jobs, you would know Joe Biden makes Donald Trump look like Honest Abe.

Don’t believe me? Let’s stroll... 👇🏽

Joe Biden claimed he was shot at in Iraq (he wasn’t)

#BidenLied about his wife and daughter being killed by a drunk driver for political purposes, several

#BidenLied about confronting Slobodan

Joe Biden claimed to be against the three strike rule his racist legislation enacted (he wasn’t #BidenLied

“I went to law school on a full academic scholarship...and ended up in the top half of my class." (Total bullshit #BidenLied

Ali Velshi
@AliVelshi

1/11
On Thursday the Biden administration, along with congressional Democrats, unveiled a new immigration bill creating a path of 8 years to citizenship for the estimated 11 million undocumented immigrants already in the country. #velshi

2/11
The bill also provides an expedited path for DREAMERS - the undocumented immigrants brought to the U.S. as children by their parents. #velshi

3/11
The bill’s approval has a tough road ahead given razor thin Democratic majorities in both houses, but while there’s little bipartisan support for immigration reform in Washington, DC, there’s broad support for what it aims to do among Americans. #velshi

4/11
A new Vox and Data for Progress poll found a majority of likely voters and an overwhelming proportion of Democrats “strongly” or “somewhat” support offering a path to citizenship for undocumented immigrants. #velshi

5/11
When asked specifically about DREAMERS, support was even greater with 72% of all likely voters & 87% of Democrats in favor. This poll is consistent with a PEW survey from last year. 72% of Americans couldn't agree that today is Saturday, so it’s is a big deal. #velshi

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Noah Berlatsky
@nberlat

it is okay to criticize joe biden. we're going to need to do a lot of it in the next four years, so might as well get into practice.

he has always said a lot of stupid shit, and I suspect he will continue to do that. he's always been bad on lots of issues, and I suspect that will continue as well.

he is susceptible to pressure though. which is a reason to pressure him.

he's sort of going to end up as one of the greatest presidents ever or as a disaster at this point, given the nightmare hole he's got to crawl out of. so...hopefully people will point out when he's fucking up or we're all fucked.

Clyburne and Schumer have already said his 10k student debt plan is weak tea and he should do better. and they're right! hopefully he will listen and not be a dope.

Ali Velshi
@AliVelshi

1/13
President Biden signed an executive order phasing out the federal govt's use of privatized prisons. It instructs the Justice dept. NOT to renew contracts with privately-operated prisons; a policy that was first implemented under Obama, then reversed in 2017 by Trump. #velshi

2/13
Private prisons are a stupid, amoral idea. So how did we end up with them in the first place? For starters, the U.S. is the most prolific incarcerator on the planet. That is a fact & it is not new. #velshi

3/13
2018 figures show the U.S. ranks number one when it comes to the total number of incarcerated people. It has roughly 300,000 more people that have been sentenced to prison than China does... which has literally one billion more in population. #velshi

4/13
What about prisoners as a percentage of the population? America for the win, again, with the highest rate of incarceration in the world, a great deal higher than the next country on the list, El Salvador. #velshi

5/13
Our prison system became so overwhelmed, partly due to misguided federal initiatives like The War on Drugs in the 80s and the 1994 Crime Bill, that it was forced to outsource help. #velshi

Lewis Goodall
@lewis_goodall

BREAK: Joe Biden is inaugurated as the 46th President of the United States.

The Trump administration is over.

Technically another 9 mins to go for the official handover. But it’s a formality.

Biden: "This is America's day. This is democracy's day. A day of history and hope....Today we triumph not of a candidate but of a cause. The cause of democracy. The people, the will of the people has been heard. And the will of the people has been heeded."

"At this hour my friends, democracy has prevailed."

Biden thanks his predecessors from both parties "from the bottom of my heart."

With, perhaps, the exception of one.

Biden addresses the pandemic and its economic consequences: "Few people in our nation's history have found themselves in a moment as challenging as the one we're in now...but the dream of justice for all will be deferred no longer."

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Gal Gur 🇮🇱...
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1/
Hello, my name is Gal,
I am an Israeli citizen, and I want to convey this urgent message to the world: Contrary to what you are told, Israel has not "returned to normal" in any way >>

2/ Moreover, despite the desire to create a setting as if there was a full and normal routine here - the Israeli Ministry of Health JUST RECOMMENDED TODAY TO EXTENT THE DECLARATION OF A “STATE OF EMERGENCY” in Israel >>

3/ to which is the foundation for coercion, violation of basic rights, severe discrimination under a "green mark (pass)", prolonged closure (Of about 5 months overall) and a lot of undemocratic and not “routine" restrictions. >

4/ If the situation in Israel had "returned to routine thanks to the astounding success of vaccines" then the "state of emergency" would not have continued.

5/ In fact, since the beginning of the "vaccination project" there has been only more intimidation and in many ways - even though the closure has been lifted, much more coercion.

Vibhu Vashisth
@VIBHU_Tweet

Did you know?
Ahilyabai Holkar was one of India's
greatest women rulers of all time.

Ahilyabai was Born on May 31,1725 in the village of Chondi,Jamkhed distt,Maharashtra to a man named Mankoji Shinde,who was the Patil(Chief) of a village and a member of proud Dhangar Community.

Despite the fact that girls' education was a farther dream in those days, Ahilyabai was homeschooled by her father.
Ahilya didn't belong to any royal family but in a twist of fate she is still remembered as one of the most revered Queen in the history.

While they were living their humdrum lives, one day Malhar Rao Holkar, commander of the Peshwa Bajirao & Lord of the Malwa stopped in Chondi on his way to Pune, where he couldn't help but notice a young 8yrs old Ahilyabai in the temple service feeding the poor & hungry.

He was so impressed by the sheer innocence&beauty with simplicity character of Ahilyabai dat he asked her hand in marriage for his son Khanderao Holkar.Just like that she got married to Khanderao in 1733 at a tender age of 8&became a bride of esteemed Maratha community of Holkars

But destiny had something else in store for her as her husband died in the Battle of Kumbher in 1754 leaving her widow at 29.Distressed Ahilyabai was to commit Sati when her father-in-law Malhar Rao refused to let it happen.

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@MaMaMia73189983

Following @BAUDEGS I have experienced hateful and propagandist tweets time after time. I have been shocked that an academic community would be so reckless with their publications. So I did some research.
The question is:
Is this an official account for Bahcesehir Uni (Bau)?

Bahcesehir Uni, BAU has an official website https://t.co/ztzX6uj34V which links to their social media, leading to their Twitter account @Bahcesehir

BAU’s official Twitter account

BAU has many departments, which all have separate accounts. Nowhere among them did I find @BAUDEGS
@BAUOrganization @ApplyBAU @adayBAU @BAUAlumniCenter @bahcesehirfbe @baufens @CyprusBau @bauiisbf @bauglobal @bahcesehirebe @BAUintBatumi @BAUiletisim @BAUSaglik @bauebf @TIPBAU

Nowhere among them was @BAUDEGS to find

Bharadwaj
@BharadwajSpeaks

Today is Jayanti of Ahilyabai Holkar

She was a widow who became Malwa's greatest queen. Defended our country & personally led armies into battle.Never plundered anyone. Developed Malwa into a prosperous kingdom. Rebuilt temples destroyed by Mughals. Built Dharmashalas at Tirthas

Unfortunately, her memory has been blemished by inaccurate representations in modern popular media.

The serial "Punyashlok Ahilyabai" depicts her as ultra secularist feminazi icon who questions Hindu rituals & Pandits while patronising Sufis.

This is far from historical truth!

Ahilyabai was born on May 31 1725 to Patil Mankoji Shinde.

She was from Dhangar clan(classified as OBC today). While Dhangars were traditionally into herding, they took up arms & held several military /civil roles in various eras of history(especially during Maratha resurgence)

In 1737, when she was 12, Ahilyabai Holkar was married to Khanderao , son of Subedar Malhar Rao Holkar.

By the time she was married, fortunes of Holkar family had already waxed.

Malhar Rao was a Subedar of territory comprising 30 Parganas yielding a revenue of at least 7 Lakh

In 1741, when Ahilyabai was newly married, her father -in-law Malhar Rao Built Indore palace & ordered the kanungo to populate the settlement with a promise of protection to traders.

This began rise of Indore from its background as modest trading town Indrapuri to a great city