Everything the MSM Says is Bullshit

Timothy Birdnow

AMDG

I was listening to Meet the Press this morning and Kristin Welcher, er, Welker was in rare form. I am mindful of the quote from the movie My Cousin Vinny. Vinny (Joe Pesce) gets his opening statement in the arraignment of his cousin. He was exhausted, having gotten no sleep and his entire opening statement was "Everything tha guy said was bullshit. Thank you." (The judge, played by the great Fred Gwyn aka Herman Munster, ordered the entire opening statemtn stricken from the record with the exception of "thank you".)

Everything Welker and her liberal buddies said was bullshit.

For instance, she and her buddies claimed inflation is rising when in fact it

What Welker and company are confusing is inflation and deflation. They are pushing the idea we should have deflation, which is a completely different critter altogether. Deflation is actually more economically destructive than inflation as inflation makes borrowing cheaper and promotes economic growth. Deflation means money is worth more and it KILLS lending because who wants to lend money and have it payed back at a lower rate than you can get with direct investment? Better to wait and lend money when it is stable. In fact one of the great issues of the late 19th century was free silver. That was a demand by the public to coin silver; go on a bimetallic standard. The Populist Party championed free silver because the farmers and small businessmen needed credit and they wanted inflation to loosen up the lending market. William Jennings Bryan made his famous "cross of gold" speech where he said "Mankind shall not be crucified on a cross of gold".

At any rate that Trump has not actually triggered deflation (how could he when the budget is still largely the Biden budget?) they lie and say inflation is rising. It's not and even liberal NPR admits the fact.

This was as of August, and we have yet to get a full quarter in since.

From the article:

ABC News - no friend of the President - admitted inflation cooled in October.

The article says:


And why are mortgage rates  climbing? Because under Joe Biden interest rates soared, and the Federal Reserve has been unwilling to cut rates. This means if you sell your home and try to upgrade your mortgage payment will skyrocket and so nobody is moving; everyone is waiting for the Fed to cut rates. So what is on the market has to be overpriced. Rates will fall  as soon as Jerome Powell's term ends (Powell is doing what the head of the Second Bank of the United States tried to do to Andrew Jackson.)

And someone on the panel on Meet the Pest actually said all economic growth was caused by the rise of AI, which is nonsense and the NPR article makes that quite plain.

Furthermore, this is happening despite the apocalyptic claims BY THE SAME MEET THE PRESS and other media outlets that Trump's tariffs would lead to massive inflation. It hasn't.

Everyone also went on a tantrum about the ballroom Mr. Trump is building at the White House. No mention of the fact private funds are financing this. Nor that Presidents have changed the White House all the time. The swimming pool is now the press room. Obama built a basketball court. And FDR actually built the East Wing in the first place during the Depression. It's not all that historic; it mostly houses the First Lady's office.

Trump saw a real need; the White House hosts many formal events and a better ballroom was needed. He did it without spending a dime of taxpayer money. Welker knows that. But she lies, as do the rest of them, about the truth of this.

There were other issues that were discussed that were full of lies. They complained about the price of eggs and of coffee. Eggs skyrocketed because Biden slaughtered all the laying hens in fear of Avian Flu. How do you get pices down without hens? That takes time. And most coffee comes from Brazil. Brazil just lost most of her coffee crop. How is that Trump's fault? They would never blame Biden or Obama for such things. And don't think they don't know it. They do; they are just liars.

So, whenever you hear anything from the mainstream media alwyays think of Joe Pesci "everything they say is bullshit. Thank you."

Posted by: Timothy Birdnow at 08:29 AM | Comments (2) | Add Comment
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