Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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It's not a fact FDR "had" to increase spending faster than GDP. It's also not a fact that per capita real GDP didn't recover until 1939 (1936).
Stimulus should be withdrawn when it's no longer...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Hey, i'm a registered libertarian. I voted for Ron Paul!
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Just announced: Fed rate is unchanged - course it's unchanged what options are left?
The followers of John Maynard Keynes have come to the end of their useful lifecycle....
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Some I think Founding Father guy has a statement on that somewhere. Something about the political system turning into gang wars if it reinforces the "party" concept.
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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:lmao:
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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They'll just sic the bots on gold, silver, crude and any other speculative commodity to get everyone on board with the deflation distraction. Their silly game gets more and more desperate and just...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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So you prefer that the financial geniuses on Wall St call all the shots from now on? After all we know they have our best interests at heart right?
We have effectively given the reins to them with...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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QE3 may not be named QE3 in the grand scheme of things - they certainly don't want the sheeple thinking things don't look as bad as it truly is - Obama keeps telling us "all is well" - "don't worry...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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tl;dr.
:D
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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:roll: Like there ever was a free market. You'd just like your turn to do an experiment. No thanks!
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Perhaps mis-chosen, but correct nevertheless.
There are two great evils in this country, one is the DNC and one is the RNC. This will never change, and this will be the downfall of us all. Both...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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This "Both parties are guilty here so don't point in one direction." is the problem.
There ARE more than 2 parties!
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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How is the market free if there are controls on it? Explain that one to me.
AIG touched the lives of just about everyone and everything. Simply allowing them to fail really would cause a...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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"Lost decade" not only just for Japan any more.
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Can't wait until QE3! :whee2:
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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The purpose of the post?
You selling your soul? for financial gain?
Experiment? Yes, government always meddling into affairs.
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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You have to assume, at this point in the circus, that since at least '71 when we abandoned a backed currency and have flown naked ever since that the plan WAS to crash it. Fly fiat plane as high as...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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The only way you could have sold your financial head is staying in NYC and not moving the floor to New Jersey or Rochester. NYC is under attack by leftists, as usual; pan handling, "not fair"!, too...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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I don't know how we would fix it if it happened again. We sorta missed the boat on doing it right the first time.
I'm not talking about AIG being a customer in that sense. I'm talking about...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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BTW, I don't think all the oil and chemical dispersant is gone from the Gulf. http://www2.tbo.com/news/breaking-news/2011/jun/09/MENEWSO1-tar-balls-rolling-in-ar-236118/
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Phucillijerry, nicely said.
We have allowed the fox total control of the hen-house. Every slowdown in our economy has the same answer - shovel more debt on it .... it doesn't work any more but...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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revised 2012presidential poll ... https://slickdeals.net/forums/showthread.php?t=3296064
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Zzyzzx speaks the truth this will be the lost decade ... or more.
Redmax - The subject is financial ruin and protecting banks, you are off talking about stiff competition in the marketplace and...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Basically this. The fear was that it wouldn't just be one or a few companies failing, as shipfaced seems to believe, but essentially the entire banking industry. Essentially every major player in...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Slip,
pardon the miss-chosen words - meaning was to blame both the lender and lendee for bad financial decisions, no political intention there... edit has been made.
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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The free market produces companies like what you see on Wall Street, just faster and bigger. The drive in the marketplace is ruthless competition, eliminate or buy your competitor, consolidate and...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Let's assume you are correct, that AIG failing would affect nearly everyone. Now, what happens next time? Do we bail them out again? How? With what money this time? I see very little that has...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Your reference to 1936 doesn't take into account population growth. Real GDP got back to its pre-depression level in 1936, but only because the population was larger. Put another way, per person,...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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You lost all potential credibility here:
"anything else in nature rights itself if left alone. Witness the Gulf oil spill as a perfect example. "
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Interest rates were quickly cut to combat the 1920-21 decession, but such aggressive action didn't occur with the 1929 depression. Also FDR's policies were working quite well, and in about 3-4 years...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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In 1920-21 there was recession. Harding did nothing and we had the Roaring 20s.
In 1929 there was a recession, Hoover deficit spent on public works projects, had wage controls, price controls,...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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Redmaxx,
So the more natural way is what we presently have? IE: Any gains will be theirs to keep but any losses will be covered by us? How many times do we need to bail out the fat-cats before...
Rant - We have sold our financial soul
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Thread created 06-22-2011 by Spartanicus
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1937 had the lowest average unemployment at 14.3%, far above what it was before the depression. Real GDP/Capita didn't reach what it was at its peak in 1929 until 1939, at which point WW2 (while we...
