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ORIGINAL: Edwynn

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ORIGINAL: Yachtie

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ORIGINAL: Edwynn

From what I'm seeing, all they talk about is Greeece or Portugal, and say something like "look what happened to Europe!" as if the whole continent is represented by those two countries.

I'm not seeing any comment in those blogs about the superior economic numbers, superior health care systems (the highest cost of Norway's being out-costed in the US by 50%) or the better basic educational scores that is the case with the majority of the European countries, and I look for such things. It's what I do.

Well, there it is. Nothing I nor any econ blog you disagree with can do. Your mind is made up as you know what you want. That's fine. Read sites you agree with.

Yes, well ... pardon me if I choose to go by what the OECD, the Bureauf of Economic Analysis, The National Bureau of Economic Research, The Bureau of Labor Statistics, The Bank for International Settlements, the various academic econ journals etc. tell me, as opposed to some 'econ blog' writer who is too chickenshit to use his own name but rather goes by the name (w/avatar) of the lead character in the movie Fight Club.

Silly me.

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ORIGINAL: Politesub53

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ORIGINAL: Yachtie

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ORIGINAL: Politesub53


So was I, believe me bruv, so was I.

Still no need for you to address the point and tell the class what would have happened to the banks without the TARPS from GWB huh. At least he managed to get that right.

Like hell he did.

Your four word reply hardly explains your stance.

Tell me this, if the banks had been left to crash (As all the experts suggested, including the republicans in Bush`s treasury) and that eneded up in you losing all your cash, or your house etc. Then who would you have blamed ?

I suspect your half arsed reply will be "It wouldnt have happened"

Edited to fix quotes

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ORIGINAL: Yachtie

Your an idiot. Depositors of failed banks would have been fine up to FDIC limit. Now the failed banks would have gotten what anyone who makes a bad bet gets - a loss. Instead they've been rewarded with cash infusion to cover their losses 'at the tables'. BTW, not all banks would have failed.

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ORIGINAL: LookieNoNookie

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ORIGINAL: Musicmystery

They sure seem to think there are Christian votes and yes, white votes, male votes, female votes, age group votes, geographic votes, income votes....demographics.

Of course. And until we all agree that there is no such things as racism, genderism, whateverism (because we refuse to participate) and simply vote based on what we believe to be true, not because they're a woman, black or Muslim....

It will continue, unabated.

And it will sell.

(Unabated).

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ORIGINAL: Yachtie

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ORIGINAL: Edwynn

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ORIGINAL: Yachtie

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ORIGINAL: Edwynn

From what I'm seeing, all they talk about is Greeece or Portugal, and say something like "look what happened to Europe!" as if the whole continent is represented by those two countries.

I'm not seeing any comment in those blogs about the superior economic numbers, superior health care systems (the highest cost of Norway's being out-costed in the US by 50%) or the better basic educational scores that is the case with the majority of the European countries, and I look for such things. It's what I do.

Well, there it is. Nothing I nor any econ blog you disagree with can do. Your mind is made up as you know what you want. That's fine. Read sites you agree with.

Yes, well ... pardon me if I choose to go by what the OECD, the Bureauf of Economic Analysis, The National Bureau of Economic Research, The Bureau of Labor Statistics, The Bank for International Settlements, the various academic econ journals etc. tell me, as opposed to some 'econ blog' writer who is too chickenshit to use his own name but rather goes by the name (w/avatar) of the lead character in the movie Fight Club.

Silly me.

If you've read ZeroHedge for any time you'd recognize various writing styles. ZH is not one guy. You might find this of interest.

I remember watching CNBC one day and there was some breaking news via ZH. One the CNBC gang on at the time said ZH, though missing a few here and there, is way more right than wrong. And in this instance sure did get it right.

ZH utilizes the same data put out by BEA, BLS, etc. Lets take BLS. Is its data accurate? You choose to go by it. I wish you well in your choice.

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ORIGINAL: Politesub53

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ORIGINAL: Yachtie

Your an idiot. Depositors of failed banks would have been fine up to FDIC limit. Now the failed banks would have gotten what anyone who makes a bad bet gets - a loss. Instead they've been rewarded with cash infusion to cover their losses 'at the tables'. BTW, not all banks would have failed.

Of course I am an idiot, along with the US treasury experts who also said the same thing. It makes me wonder why GWB didnt stick your arse in the treasury to run it properly. You do know the FDIc equivelelent for savings and loans couldnt cover that crises, right ? How much worse do you think it would have been with a collapse of the system, and the knock on effect of big businesses failing along with their banks.

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ORIGINAL: Edwynn

Same choice as "ZH" makes, by your account. What's your point?

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ORIGINAL: Musicmystery

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ORIGINAL: LookieNoNookie

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ORIGINAL: Musicmystery

They sure seem to think there are Christian votes and yes, white votes, male votes, female votes, age group votes, geographic votes, income votes....demographics.

Of course. And until we all agree that there is no such things as racism, genderism, whateverism (because we refuse to participate) and simply vote based on what we believe to be true, not because they're a woman, black or Muslim....

It will continue, unabated.

And it will sell.

(Unabated).

That's not only idealistic, it isn't realistic. Young voters and old voters will have different interests. Men and women voters will have different interests. East coast and West coast voters will have different interests.

Because people are different.

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ORIGINAL: Edwynn

The same blog that told us that people transferring from stocks to bonds would cause inflation, who have no clue what money velocity means, etc.

Right.

The best one out there, no question.

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ORIGINAL: Edwynn



The same blog that told us that people transferring from stocks to bonds would cause inflation, who have no clue what money velocity means, etc.

Right.

The best one out there, no question.

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ORIGINAL: Yachtie

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ORIGINAL: Edwynn

The same blog that told us that people transferring from stocks to bonds would cause inflation, who have no clue what money velocity means, etc.

Right.

The best one out there, no question.

Ok, ok. I'll start using the Huffington Post and other assorted sites that get everything right. [:D]

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There are a lot of wealthy, successful Americans who agree with me -- because they want to give something back. They know they didn’t -- look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something -- there are a whole bunch of hardworking people out there. (Applause.)

If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business -- you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.

The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. There are some things, just like fighting fires, we don’t do on our own. I mean, imagine if everybody had their own fire service. That would be a hard way to organize fighting fires.

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ORIGINAL: Yachtie
You're right. Looney tunes doesn't begin to cut it. I was way to kind.

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ORIGINAL: Yachtie

Perhaps because I know how to use Turbo Tax?

S&Ls, regional banks, etc were not terribly troublesome. It was mostly all Goldman-Sachs, CITI, JPM, WF, BoA and of course Lehman but we know what happened to them.

You appear to think it would have been a complete wipe out. It wouldn't have been, least not then.

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ORIGINAL: Yachtie
@joether post 106

unworthy of response. You're slow, joe.

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ORIGINAL: Yachtie

Obama - 'If you�ve got a business -- you didn�t build that. Somebody else made that happen'

I'll remind the eatery I'm going to tonight of that. Nope, wasn't your risk of your capital. Nope, wasn't your knowledge. Nope, you had nothing to do with it but get lucky.

Speaking at a campaign rally in Roanoke, Virginia on Friday night, Obama made the case that those who created businesses should be taxed at higher rates because they are fortunate and were helped to achieve success by the government and other people.

'There are a lot of wealthy, successful Americans who agree with me - because they want to give something back,' he said. 'They know they didn't - look, if you've been successful, you didn't get there on your own.

'You didn't get there on your own. I'm always struck by people who think, well, it must be because I was just so smart.

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ORIGINAL: servantforuse

That is what he said and that speech on Friday the 13th none the less will come back to haunt him.