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ryangrim's profile
Ryan Grim
Ryan Grim
Ryan Grim
Verified account
@ryangrim

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Ryan GrimVerified account

@ryangrim

DC bureau chief at The Intercept. Young Turks contributor. Strong Arm Press co-founder. http://ryangrim-at-gmail.com  DM for Signal.

washington
badnews.substack.com
Joined September 2008

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    1. Hilary Rosen‏Verified account @hilaryr 14 Jul 2012

      No, I am a capitalist but Romney's policies rig the game . RT @christophil: Class warfare queen>RT @hilaryr http://huff.to/MtbQZs 

      13 replies 4 retweets 0 likes
    2. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
      Replying to @hilaryr

      @hilaryr You're a capitalist? Cool. Explain how raising taxes stimulates the economy?

      4 replies 0 retweets 0 likes
    3. Ryan Grim‏Verified account @ryangrim 14 Jul 2012
      Replying to @NoelSheppard

      @NoelSheppard @hilaryr It drains stagnant pools of capital and pumps it into the economy instead of letting it fester and evaporate.

      3 replies 0 retweets 0 likes
    4. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
      Replying to @ryangrim

      @ryangrim Stagnant pools of capital? I assume you're joking. @ryangrim

      2 replies 0 retweets 0 likes
    5. Ryan Grim‏Verified account @ryangrim 14 Jul 2012
      Replying to @NoelSheppard

      @NoelSheppard Get a clue kid. Unused capital is like unused labor. If it's not expended it's wasted, gone. Got it? cc @hilaryr

      3 replies 0 retweets 0 likes
    6. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
      Replying to @ryangrim

      .@ryangrim So tell me Mr. HuffPo congressional correspondent, what exactly is "unused capital" and where does it reside?

      1 reply 2 retweets 0 likes
    7. Ryan Grim‏Verified account @ryangrim 14 Jul 2012
      Replying to @NoelSheppard

      @NoelSheppard it sits in currency in Swiss bank accounts, in the caymans, etc, looking for a bubble to inflate

      1 reply 0 retweets 0 likes
    8. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
      Replying to @ryangrim

      .@ryangrim Not true at all. Care to try again Mr. HuffPo congressional correspondent? Or should I call you "kid"?

      1 reply 1 retweet 2 likes
    9. Ryan Grim‏Verified account @ryangrim 14 Jul 2012
      Replying to @NoelSheppard

      @NoelSheppard go for it. But if it's not being spent or invested, it's being wasted. Pretty simple.

      4 replies 0 retweets 0 likes
    10. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
      Replying to @ryangrim

      .@ryangrim As such, there really is no such thing as "unused capital" because companies don't stuff cash in mattresses.

      2 replies 1 retweet 0 likes
      Ryan Grim‏Verified account @ryangrim 14 Jul 2012
      Replying to @NoelSheppard

      @NoelSheppard what do the banks do with it? Build highways? No, they create wacky financial products and speculative, useless bubbles

      12:26 PM - 14 Jul 2012
      4 replies 0 retweets 0 likes
        1. New conversation
        2. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
          Replying to @ryangrim

          .@ryangrim Banks finance all kinds of things including homes for people to live in. I worked for 2 banks. How about U?

          2 replies 0 retweets 1 like
        3. Ryan Grim‏Verified account @ryangrim 14 Jul 2012
          Replying to @NoelSheppard

          @NoelSheppard not sure why it matters but I was a series 7/63 licensed broker

          1 reply 0 retweets 0 likes
        4. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
          Replying to @ryangrim

          .@ryangrim So was I. And Series 3. I did arbitrage for Merrill Lynch. How about you?

          2 replies 0 retweets 0 likes
        5. Ryan Grim‏Verified account @ryangrim 14 Jul 2012
          Replying to @NoelSheppard

          @NoelSheppard arbitrage! The definition of useless financial activity. Thanks for your work.

          1 reply 0 retweets 0 likes
        6. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
          Replying to @ryangrim

          .@ryangrim Arbitrage is useless? Really? So tell me what "useful" things you've done in the financial services industry.

          1 reply 0 retweets 0 likes
        7. Ryan Grim‏Verified account @ryangrim 14 Jul 2012
          Replying to @NoelSheppard

          @NoelSheppard I did nothing useful

          0 replies 0 retweets 0 likes
        8. End of conversation
        1. Dominic Macchio‏ @dmacchio36 15 Jul 2012
          Replying to @ryangrim

          @ryangrim And I feel very confident that the govt will make the right decisions with my money. R u kidding me? SOLYNDRA

          0 replies 0 retweets 0 likes
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        1. Black Labrador‏ @AntiqueSully 14 Jul 2012
          Replying to @ryangrim

          @ryangrim @noelsheppard Build highways? I thought that's what the stimulus was supposed to do? Hey, just what did the stimulus do?

          0 replies 0 retweets 0 likes
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        1. Noel Sheppard‏ @NoelSheppard 14 Jul 2012
          Replying to @ryangrim

          .@ryangrim As for highways, banks do finance construction loans. Do you have any actual knowledge of finance at all?

          0 replies 0 retweets 0 likes
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