Stupid on Economics

I know I'm sounding like a broken record.. but just when you think he couldn't get any dumber... Teh Loon raises the bar;

The synopsis... The economy isn't as bad as the "biased" media and Liberals claim. If the economy gets worse, it'll be the Liberals and Democrats fault.

Last Spring I optimistically believed that, due to a few positive construction industry signs, the housing market would possibly rebound from its downward spiral. A short burst of activity, spurned on by the industry builders intentions to close their books on projects by the end of the year encouraged a slight, but short, increase in the sales of new homes in some areas around the country. The quick rise of hope, however, was short lived, and immediately afterward the numbers dropped lower than they had been in the months previously.

This is classic Gibbs technique. I leave a comment on his blog, blasting him for being completely wrong.. he deletes it.. and then argues against what I said without referencing what I said in any manner. In this case, I had tacked on a "you're full a shit" comment with "just like the housing starts issue from earlier in the year".. and adding "jackass" for good measure.

You might remember that Doug claimed the housing market was rebounding, that housing starts were up.. all based on his observations, instead of, you know, actual data. It was easy pickings for me to prove him wrong... as usual.

Doug likes to change what he's claimed in the past in order to more conform to reality. He didn't say the housing market would possibly rebound". He said it was rebounding.

Douglas V. Gibbs said...
Idiot. Of course March was slow. It is historically slow in the industry. I said that construction is up now (which is May - perhaps you are too stupid to recognize the month on the calendar).

Which is just so laughably absurd in hind sight. March is not historically slow. He just says it is without actually referencing any data.

Notice now he appends words like "some areas" that he never used in his original post on the topic. Go read it.. it's hilarious..

You may say that this is not true. We are heading toward a recession. The eleven o'clock news says so!

A stunning level of stupid indeed... and spectacularly wrong again.

Anyway.. continuing on;

A number of liberals have been sending me messages and comments calling me an idiot and a liar because, as you have probably noticed, the economic downturn has been steadily worsening, and based on my articles of optimism, and the liberal subjectivity and misunderstanding of the written pieces, I obviously (to them) did not know what I was talking about. They have erroneously assumed that optimism considering a possible turn-around on the horizon must mean that I was somehow predicting a one hundred percent increase in the economy, and a return to the glory days of a robust economic engine.

Woah is Doug.. Liberals misunderstand what he's written! Could it be because he's a horribly shitty writer? Ya think?

Nobody said anything about a "100% increase in the economy".. that's just a classic Gibbs' straw man. I just pointed out that his stupid and insipid observations and claims were.. completely wrong. And they were. He doesn't frame anything in terms of "optimism".. he makes brazen economic predictions that always turn out to be spectacularly wrong.

Of course their attacks are an example of a very typical liberal attitude - always looking for that "Gotch'ya" moment.

A very Palin-esque remark. Woah is me.. they took my words, argued against them, proved me wrong..

IT'S A GOTCH'YA!!!1

No Doug.. it's called calling you on your bullshit and proving you wrong.. over and over and over. Just like Palin was too fucking stupid to know that Africa is actually a continent and not a country.. you don't get a free pass on being stupid as fuck.. whining that everyone is persecuting you with your own words.

Hop down off the cross and man-up for a change..

I, like any other normal human being, understand that nothing is ever "for sure," first of all. Secondly, if these smear merchants of the fringe left were to read what I wrote carefully, rather than with subjective intentions, they would have noticed I repeatedly indicated that we would be fine economically without government intrusion.

Holy shit you stupid fuck. Everything you write has "for sure" dripping all over it. You are the most brazen asshole I've ever read.. boldly making predictions that turn out to be complete lunacy over and over.

Are you claiming that the huge economic downturn in September would not have happened without the Fed taking any actions to try and stabilize the markets?

And in typical Gibbs fashion.. he doesn't actually argue anything specific. He simply makes insipid broad generalities like we would be fine economically without government intrusion, because he's too stupid to make a cogent and coherent argument.

Should the fed not have saved AIG? What about the TARP? What about the auto industry? Let it all fail? He doesn't say, because he only wants to make broad generalities and then whine that we didn't "read carefully".

Contrary to what the biased media and liberal Democrats are telling you, this is not the worse downturn since the Great Depression, and the Republicans are definitely not at full fault for the current financial difficulties this nation is facing.

The "biased media" canard again. It's his paranoid complex again.

It's just the "media" and the "liberal Democrats" that are claiming there are serious economic problems.. right? It can't be the entire financial and professional economists that are arguing that, can it? It can't be the FUCKING FED YOU FUCKING MORON?

No.. it's all the fault of the "biased media" and "liberal Democrats".

The funny thing is.. on the very same day that Doug claims there is no recession, the National Bureau of Economic Research publishes a report stating there is.. and has been for a while.

But.. but.. Doug is a professional economist! Everyone else is wrong.. he's right.. and even if there is a problem, it's not the fault of the party that inherited budget surpluses and then proceeded to run the budget and the economy into the ground.

Nooooo.. it's not their fault. It's all a "biased media" conspiracy, egged on by the "liberal Democrats".

However, if the government doesn't step aside right now and get out of the way of the American Free Market, if the weakest links of the economic system are not allowed to fail and fade away or be engulfed by larger and stronger institutions in their corner of the industry, and if the consumer (and government) doesn't stop living beyond their means while gladly accepting government welfare checks, we will be in for an economic disaster beyond imagining.

Each paragraph, the stupid increases exponentially.

What "weakest links"? The whole fucking banking industry? Housing industry? Insurance industry? Auto industry?

Ya.. fuck them.. we don't need banks, or houses, or cars, or insurance..

Doug seems to think that new companies will magically spring up to replace those that fail.. like Citigroup and it's trillions in assets. Ya.. no problem if it fails and hundreds of billions of dollars in assets simply get erased.

.. if we do not inject fiscal conservatism back into the government, and get liberal government out of the way of Capitalism and the Free Market, then what we are seeing now will continue to worsen, until finally we will wind up in a full blown recession with the Democratic Leadership fumbling around searching for excuses and opportunities to blame someone other than themselves.

Yet another bold prediction... which is great news for the nation.. because, as we all know, Doug is always wrong.. always..

Lastly.. the comment I left for him that he deleted because he's a coward as well as stupid as fuck.

That was, hands down, the dumbest post you've ever written.. and that's saying a lot.

It's nearly a paranoid fantasy you have.. with these insipid claims of bias.

Was WaMu a bias? How about AIG? There a bias there as well? How about any number of other banks on the verge of collapse? Are they all just the victims of Liberals and media bias?

It's tired.. it's silly.. and it's just not true.

I hold your feet to the fire because you like to write (if you can call it that) consequence free. I've fact checked you over and over, and found you were full of it. You simply like to believe there is some nefarious plot to make you look like a near-illiterate fool, making stuff up as you go.

It's not a plot Doug.. and I can give you links to all of it if you like. But you won't.. because it doesn't comport to your lunacy tinged agenda. You'd rather just argue against points that nobody has made, and then delete off any dissenting views and claim it "trolling". Just like I'm trolling right now.. right?

As I've said many time.. you're just a coward.. and not a very bright one at that.

You have absolutely no training or expertise to be talking about economics. It's way over your head. In fact, you don't even understand what a recession is;

A decline in economic activity in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.


Your extreme paranoia is nearly schizo in severity. You actually think that the "media and Liberal left created hysteria about the economy being the worst it has been since the Depression".. without substantiating any of it.. nor even paying attention to anything the Treasury Secretary has been saying the last 3 months.

I have never.. not once.. seen a post like that.. claiming that nothing is as bad as it's being portrayed, and if it gets worse, it's the fault of the Liberals and Democrats.

It's all so perfect in your addled and mentally deranged mind. Republicans control the Executive for 8 years.. the Congress for 6.. the Economy tanks.. but it's not really tanking, and if it continues to tank, it's the Democrats fault.

You really are insane.. and the best part is.. you'll delete this.. with those shrivelled up little nads of yours, getting more and more annoyed you have nothing left but these impotent little screeds of yours, while the country leaves you behind... and quivering in fear of the Liberals.. You try to pretend you're not noticing that which you are deleting.. and then argue against it without anyone else you accuse having a voice to respond.

That is the definition of coward.

By the way.. I find it amusing that the National Bureau of Economic Research determined the US is officially in a recession on the very same day you said it wasn't.

It's not that you're always wrong.. but spectacularly so.

But of course.. those people have things like Ph.D's in economics and such.. not the Gibb's firm grasp of economic issues learned by observing your little sliver of the world.. lol