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RE: Bidden: We 'Misread the Economy' - 7/9/2009 12:00:37 PM   
philosophy


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quote:

ORIGINAL: Marc2b

quote:

You could be wrong, but you're not.

And I agree... I don't think Mike gets hyperbole. More likely, he's being deliberately obtuse because it's an easy way to accuse someone else of being either a liar or stupid, and still claim to be "right".


I think you hit the nail on the head.

(translation for slvemike4u: that doesn't mean I think she's actually hit a nail with a hammer; it means I think she has made an accurate assesment)


(which is not to say that Marc actually thinks she has made an accurate assessment, but really this is just too good a joke to let go.......damn people taking my words literally....)

(in reply to Marc2b)
Profile   Post #: 161
RE: Bidden: We 'Misread the Economy' - 7/9/2009 12:12:55 PM   
willbeurdaddy


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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy


quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy

No, that isnt the most likely outcome and they would have sorted themselves out. Painfully? yes But not as painfully as it will be, as we learned from the deepening and lenthening of the Great Depression as a result of the same types or policies.


So please explain how the banks that were desperate for that initial input would have stayed afloat. Everything I have read on the subject indicates many didnt have enough reserves to continue trading.


Some would have failed and been bought out by the healthier ones instead of by the government.


No answer to my original question then ?

As for this assumption, it shows a lack of knowledge of the extent of the problem.


I know the extent of the problem very well and knew it long before most, including those in the business. My business is economic and investment modeling.

What original question?

(in reply to Politesub53)
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RE: Bidden: We 'Misread the Economy' - 7/9/2009 12:41:13 PM   
slvemike4u


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quote:

ORIGINAL: philosophy

quote:

ORIGINAL: Marc2b

quote:

You could be wrong, but you're not.

And I agree... I don't think Mike gets hyperbole. More likely, he's being deliberately obtuse because it's an easy way to accuse someone else of being either a liar or stupid, and still claim to be "right".


I think you hit the nail on the head.

(translation for slvemike4u: that doesn't mean I think she's actually hit a nail with a hammer; it means I think she has made an accurate assesment)


(which is not to say that Marc actually thinks she has made an accurate assessment, but really this is just too good a joke to let go.......damn people taking my words literally....)
Nah Philo,what I think is going on is Marc has a little pit bull in him and once he gets ahold of something....he never lets go.
(now I don't mean to suggest Marc actually has a little pit bull in him...just that he exhibits thise qualities...capice.)

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4


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RE: Bidden: We 'Misread the Economy' - 7/9/2009 12:43:55 PM   
Marc2b


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quote:

(which is not to say that Marc actually thinks she has made an accurate assessment, but really this is just too good a joke to let go.......damn people taking my words literally....)


I killed two bird with one stone with that one.

(translation for slvemike4u: that doesn't mean I've been throwing stones at actual birds; It means that I do believe Trasure made an accurate assesment and that it was too good a joke to pass up)

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RE: Bidden: We 'Misread the Economy' - 7/9/2009 12:45:15 PM   
Politesub53


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quote:

ORIGINAL: willbeurdaddy

I know the extent of the problem very well and knew it long before most, including those in the business. My business is economic and investment modeling.

What original question?


The original question that you quoted earlier.

"To those of you critical of the bailouts. Would you still feel the same way if the government had let everything collapse, including your job, bank, insurance company ect ect ? "

If you really did know the extent of the problem, you would also know letting everything fail wasnt an option.

(in reply to willbeurdaddy)
Profile   Post #: 165
RE: Bidden: We 'Misread the Economy' - 7/9/2009 12:47:25 PM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
Status: offline 		Wow your a fucking genius !
(which isn't meant to convey the idea that I think Marc is actually a fucking genius,quite the contrary ,I was just going for sarcasm)

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4


(in reply to Marc2b)
Profile   Post #: 166
RE: Bidden: We 'Misread the Economy' - 7/9/2009 12:56:44 PM   
ModeratorEleven


Posts: 2007
Joined: 8/14/2005
Status: offline 		Children...

XI


_____________________________

This mod goes to eleven.

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Profile   Post #: 167
RE: Bidden: We 'Misread the Economy' - 7/9/2009 1:03:23 PM   
Marc2b


Posts: 6660
Joined: 8/7/2006
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quote:

Nah Philo,what I think is going on is Marc has a little pit bull in him and once he gets ahold of something....he never lets go.
(now I don't mean to suggest Marc actually has a little pit bull in him...just that he exhibits thise qualities...capice.)


Does this mean you are abandoning your literal interpretations only policy in regards to other people’s posts?

quote:

Wow your a fucking genius !


You’ve been talking to some of my past girlfriends I see. They do like to brag about me and…

Oh shit, now look what you’ve done!

You’ve got mom mad!

Very well, I’m willing to call a truce if you are.


_____________________________

Do you know what the most awesome thing about being an Atheist is? You're not required to hate anybody!

(in reply to slvemike4u)
Profile   Post #: 168
RE: Bidden: We 'Misread the Economy' - 7/9/2009 1:07:04 PM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
Status: offline 		Cool with me....



as long as we both agree I won.

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4


(in reply to Marc2b)
Profile   Post #: 169
RE: Bidden: We 'Misread the Economy' - 7/9/2009 1:18:29 PM   
willbeurdaddy


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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy

I know the extent of the problem very well and knew it long before most, including those in the business. My business is economic and investment modeling.

What original question?


The original question that you quoted earlier.

"To those of you critical of the bailouts. Would you still feel the same way if the government had let everything collapse, including your job, bank, insurance company ect ect ? "

If you really did know the extent of the problem, you would also know letting everything fail wasnt an option.


I did respond. The question is irrlevant because "everything wouldnt collapse". Everything failing wouldnt have happened, so obviously it wasnt "an option".

(in reply to Politesub53)
Profile   Post #: 170
RE: Bidden: We 'Misread the Economy' - 7/9/2009 1:24:53 PM   
Marc2b


Posts: 6660
Joined: 8/7/2006
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quote:


as long as we both agree I won.


Did not.



_____________________________

Do you know what the most awesome thing about being an Atheist is? You're not required to hate anybody!

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Profile   Post #: 171
RE: Bidden: We 'Misread the Economy' - 7/9/2009 1:26:52 PM   
Loki45


Posts: 2100
Joined: 5/13/2009
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quote:

ORIGINAL: Marc2b
quote:


as long as we both agree I won.


Did not.







_____________________________

"'Till the roof comes off, 'till the lights go out
'Till my legs give out, can't shut my mouth."

(in reply to Marc2b)
Profile   Post #: 172
RE: Bidden: We 'Misread the Economy' - 7/9/2009 2:20:05 PM   
philosophy


Posts: 5284
Joined: 2/15/2004
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quote:

ORIGINAL: Marc2b


Does this mean you are abandoning your literal interpretations only policy in regards to other people’s posts?



...nope, literal interpretations first, susceptible to re-evaluation if necessary. Start with what someones words actually say, before making assumptions about what they actually mean.......

(in reply to Marc2b)
Profile   Post #: 173
RE: Bidden: We 'Misread the Economy' - 7/9/2009 2:28:17 PM   
slvemike4u


Posts: 17896
Joined: 1/15/2008
From: United States
Status: offline 		See,thats what I said....but then he comes along making fun of me over it.....sheesh!

_____________________________

If we want things to stay as they are,things will have to change...Tancredi from "the Leopard"

Forget Guns-----Ban the pools

Funny stuff....https://www.youtube.com/watch?v=eNwFf991d-4


(in reply to philosophy)
Profile   Post #: 174
RE: Bidden: We 'Misread the Economy' - 7/9/2009 2:39:23 PM   
Loki45


Posts: 2100
Joined: 5/13/2009
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quote:

ORIGINAL: slvemike4u

See,thats what I said....but then he comes along making fun of me over it.....sheesh!


Excellent point.


_____________________________

"'Till the roof comes off, 'till the lights go out
'Till my legs give out, can't shut my mouth."

(in reply to slvemike4u)
Profile   Post #: 175
RE: Bidden: We 'Misread the Economy' - 7/9/2009 5:08:45 PM   
Politesub53


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Joined: 5/7/2007
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quote:

ORIGINAL: willbeurdaddy

I did respond. The question is irrlevant because "everything wouldnt collapse". Everything failing wouldnt have happened, so obviously it wasnt "an option".


You obviously feel the worlds financial experts are all wrong. You havent said how the banks would all have stayed afloat with no reserves to fall back on. Just that my question is irrelevant.

"The urgency of these measures was highlighted by the Senate Banking Committee chairman Chris Dodd, who warned that the US might be days away from a complete catastrophic meltdown of its financial system."

http://www.presstv.ir/detail.aspx?id=70233

(in reply to willbeurdaddy)
Profile   Post #: 176
RE: Bidden: We 'Misread the Economy' - 7/9/2009 5:29:32 PM   
willbeurdaddy


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Joined: 4/8/2006
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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: willbeurdaddy

I did respond. The question is irrlevant because "everything wouldnt collapse". Everything failing wouldnt have happened, so obviously it wasnt "an option".


You obviously feel the worlds financial experts are all wrong. You havent said how the banks would all have stayed afloat with no reserves to fall back on. Just that my question is irrelevant.

"The urgency of these measures was highlighted by the Senate Banking Committee chairman Chris Dodd, who warned that the US might be days away from a complete catastrophic meltdown of its financial system."

http://www.presstv.ir/detail.aspx?id=70233


I work with the worlds financial experts every day, and in many cases advise them. "all of them" never said that everything would fail. In fact those that did were those working for the insitutions that got bailed out when CDS were starting to drag them down. Chris Dodd, lol, in the pocket of every financial institution that got money. He is a corrupt idiot. As opposed to Barney, who is a corrupt buffoon.

(in reply to Politesub53)
Profile   Post #: 177
RE: Bidden: We 'Misread the Economy' - 7/9/2009 5:53:21 PM   
Politesub53


Posts: 14862
Joined: 5/7/2007
Status: offline 		Well your reply didnt let me down. Any chance of some decent links backing your claim ? 

(in reply to willbeurdaddy)
Profile   Post #: 178
RE: Bidden: We 'Misread the Economy' - 7/9/2009 5:55:37 PM   
willbeurdaddy


Posts: 11894
Joined: 4/8/2006
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quote:

ORIGINAL: Politesub53

Well your reply didnt let me down. Any chance of some decent links backing your claim ? 



After you post some backing yours.

(in reply to Politesub53)
Profile   Post #: 179
RE: Biden: We 'Misread the Economy' - 7/9/2009 7:04:34 PM   
herbcaroll


Posts: 23
Joined: 7/3/2008
Status: offline 		Bush and a Republican Congress (which worked hand in hand with Clinton to provide a surplus and pay down debt) took a relatively good economic situation in 2001 and in 6 years absolutely ruined everything that the hard fought ideological battles of the 1990's won. I thought "conservatism" would mean paying your bills. Apparently, it means paying with T-Bills sold to a commie Asian country. If you are going to just ignore every facet of the economy, don't throw money at it when it melts down. This happens every time an industry run by MBA's is deregulated. Happened with the Savings and Loans in the 1980's. Enron and other energy speculators in 2000. And now, by far the worst of all, this. I say let them go under. That stimulus money is just being pocketed by banks. Do you actually see anybody fixing our roads, bridges, or anything else? I don't. If they engage in idiotic lending practices and risky derivatives for short term profit, and it blows up, let them go under. The institutions that were run properly will then have more of the market and if they continue to make sound economic decisions, the country will be better off for it.

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Profile   Post #: 180
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