I stood in line tonight behind an older couple, I mean pretty old. They didn't have food stamps, and she was paying. It took awhile. It could have been my mom, if she were still alive. I really felt sorry for them. There's nobody looking out for them. I watched them put their food in the back of the old pickup and then she got into the passenger side.
No Baley, life just ain't fair. And we'll all get there soon enough. My point is that the gluttons in society do very little work and siphon off way more than they should ever be able to get away with. So far, it hasn't affected you or me, but it isn't a victimless crime. >>
No worries, fortunately we have leadership that will ensure fairness no matter how much it costs us.
I stood in line tonight behind an older couple, I mean pretty old. They didn't have food stamps, and she was paying. It took awhile. It could have been my mom, if she were still alive. I really felt sorry for them. There's nobody looking out for them. I watched them put their food in the back of the old pickup and then she got into the passenger side.
No Baley, life just ain't fair. And we'll all get there soon enough. My point is that the gluttons in society do very little work and siphon off way more than they should ever be able to get away with. So far, it hasn't affected you or me, but it isn't a victimless crime. >>
No worries, fortunately we have leadership that will ensure fairness no matter how much it costs us.
Minutes from January meeting indicate talk of raising short term rates. Inflation still not a threat and of course the parameters regarding employment are fluid.
...meanwhile the CRB index is up 8% since Jan 1......keep printing!
At a cost of $19.90 for each dollar of economic growth, almost $8 million for each job created and a loss of nearly $600,000 of fixed investment, it is hard to suggest that the government interventions have been successful. The Wall Street journal really summed it up best:
"The failure of the stimulus was a failure of the neo-Keynesian belief that economies can be jolted into action by a wave of government spending. In fact, people are smart enough to realize that every dollar poured into the economy via government spending must eventually be taken out of the productive economy in the form of taxes. The way to jolt an economy to life and to sustain long-term growth is to create more incentives for people to work, save and invest. Let's hope Washington's next stimulus plan is aimed at reducing the tax and regulatory burden on American job creators."
Shoulda just printed the money and given it to the consumers. Ben blew it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
economic growth was disappointing because everybody tighten their belts and stockpiled cash. Some bought gold some bought bonds, others simply hoarded cash.the whack job fringe blog freak everybody out and they so scared to do anything except hunker down.
It's more simple than that. Economic recovery didn't happen because "everybody" didn't share in the Fed induced wealth. Ben gave it to the select few who used it to create speculative asset bubbles.
All that cash on the sideline is nothing more than taxpayer debt.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>It's more simple than that. Economic recovery didn't happen because "everybody" didn't share in the Fed induced wealth. Ben gave it to the select few who used it to create speculative asset bubbles.
All that cash on the sideline is nothing more than taxpayer debt. >>
Agreed. 95% of that Fed induced wealth landed in the hands of the top quintile and many of them are hoarding cash. 80% of the country? Not so much.......
<< <i>economic growth was disappointing because everybody tighten their belts and stockpiled cash. Some bought gold some bought bonds, others simply hoarded cash.the whack job fringe blog freak everybody out and they so scared to do anything except hunker down.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Great "article" with the usual graphs with convenient time frames. Fodder for the lunatic fringe, who lap it up greedily and spew some of the same, and worse, back, read the "comments" holy cow, we have met the enemy, and he is "THEM"
<< <i>Great "article" with the usual graphs with convenient time frames. Fodder for the lunatic fringe, who lap it up greedily and spew some of the same, and worse, back, read the "comments" holy cow, we have met the enemy, and he is "THEM" >>
Graphs appropriately cover the time in which Bernanke was chairman. Only a lunatic who is blind to reality could not see the picture they paint.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I miss when ZH was actually subversive and insiders actually sent them real financial bombshells. That was an exciting time to read it. Now it's mostly just red meat for the conspiracons. Shame they went so political, they had a good (and powerful) thing going...
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Comments
<< <i>I thought this thread was becoming a pity party on us for not going to banker school. >>
Lifelong Dream to become a Banker starts at about 1:20
Liberty: Parent of Science & Industry
<< <i>
<< <i>Letting AIG fail would have almost guaranteed a global depression. >>
So now the financial institutions are bigger and more vulnerable than in 2008. We have gained nothing and lost much. >>
Don't trolls ever get full?
<< <i>aren't we saying that life just ain't fair?
I stood in line tonight behind an older couple, I mean pretty old. They didn't have food stamps, and she was paying. It took awhile. It could have been my mom, if she were still alive. I really felt sorry for them. There's nobody looking out for them. I watched them put their food in the back of the old pickup and then she got into the passenger side.
No Baley, life just ain't fair. And we'll all get there soon enough. My point is that the gluttons in society do very little work and siphon off way more than they should ever be able to get away with. So far, it hasn't affected you or me, but it isn't a victimless crime. >>
No worries, fortunately we have leadership that will ensure fairness no matter how much it costs us.
Stay thirsty my comrades.
<< <i>
<< <i>aren't we saying that life just ain't fair?
I stood in line tonight behind an older couple, I mean pretty old. They didn't have food stamps, and she was paying. It took awhile. It could have been my mom, if she were still alive. I really felt sorry for them. There's nobody looking out for them. I watched them put their food in the back of the old pickup and then she got into the passenger side.
No Baley, life just ain't fair. And we'll all get there soon enough. My point is that the gluttons in society do very little work and siphon off way more than they should ever be able to get away with. So far, it hasn't affected you or me, but it isn't a victimless crime. >>
No worries, fortunately we have leadership that will ensure fairness no matter how much it costs us.
Stay thirsty my comrades.
Where's MJ?
...meanwhile the CRB index is up 8% since Jan 1......keep printing!
Fed minutes story
Ben's helicopter avoided Main Street
At a cost of $19.90 for each dollar of economic growth, almost $8 million for each job created and a loss of nearly $600,000 of fixed investment, it is hard to suggest that the government interventions have been successful. The Wall Street journal really summed it up best:
"The failure of the stimulus was a failure of the neo-Keynesian belief that economies can be jolted into action by a wave of government spending. In fact, people are smart enough to realize that every dollar poured into the economy via government spending must eventually be taken out of the productive economy in the form of taxes. The way to jolt an economy to life and to sustain long-term growth is to create more incentives for people to work, save and invest. Let's hope Washington's next stimulus plan is aimed at reducing the tax and regulatory burden on American job creators."
Shoulda just printed the money and given it to the consumers. Ben blew it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
All that cash on sidelines= coiled spring
Liberty: Parent of Science & Industry
All that cash on the sideline is nothing more than taxpayer debt.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>It's more simple than that. Economic recovery didn't happen because "everybody" didn't share in the Fed induced wealth. Ben gave it to the select few who used it to create speculative asset bubbles.
All that cash on the sideline is nothing more than taxpayer debt. >>
Agreed. 95% of that Fed induced wealth landed in the hands of the top quintile and many of them are hoarding cash. 80% of the country? Not so much.......
<< <i>economic growth was disappointing because everybody tighten their belts and stockpiled cash. Some bought gold some bought bonds, others simply hoarded cash.the whack job fringe blog freak everybody out and they so scared to do anything except hunker down.
All that cash on sidelines= coiled spring >>
...and we are now seeing some of the uncoiling.
CRB index.
Liberty: Parent of Science & Industry
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>The Jury is In, Bernanke's True Legacy >>
In short, Bernanke bankrupted the US and most Americans in the span of ten years.
Yup, most Americans are bankrupt. LMAO!! And surely the liabilities of the US exceed its assets. LOL.
I would say you cant make this stuff up, but Phoenix Capital Research just did. But you can get on their newsletter list for FREE!!! Whoohoo.
Knowledge is the enemy of fear
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
read the "comments" holy cow, we have met the enemy, and he is "THEM"
Liberty: Parent of Science & Industry
<< <i>Great "article" with the usual graphs with convenient time frames. Fodder for the lunatic fringe, who lap it up greedily and spew some of the same, and worse, back,
read the "comments" holy cow, we have met the enemy, and he is "THEM" >>
Graphs appropriately cover the time in which Bernanke was chairman. Only a lunatic who is blind to reality could not see the picture they paint.
But wait, there's more.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Another skimming operation. Come'on everybody, keep buying those stocks!
I knew it would happen.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey