Posted on 06/26/2012 4:24:14 PM PDT by blam
BFL
Wow, you’re a genuine keynesian kook.
You don’t know what “Keynesian” economics look like well-enough to argue one way or the other.
Sad.
Just because we don’t support our nation’s current leader doesn’t mean no good can ever happen. I’ve had my best years in 2010, 2011 and 2012... years under a president I despise, who has sought to make me the enemy for running a profitable business.
I must be a Keynesian kook for noting that the housing market has taken a clear turn for the better, too?
ping for later read
Absolutely. Somewhere in excess of $400 billion in the Private Equity world. Some corporations are just sitting on cash. But they aren't just going to throw money at deals the for sake of sparking an economy. The deals need to be there, and they need to be there at the right price.
What no one seems to be considering though is that the dynamics of consumption may have changed as some people have learned some hard lessons the past few years. I know that the spending habits of my family and many friends are not what they were five or six years ago.
“Once these toxic mortgages are drained out of the system,...”
How long is that going to take? I’ve read in some places that housing prices may not recover for another 10 or 15 years.
You're not kidding. I grew up and entered the workforce then and now, in reminiscence, realize how fortunate I was.
Political control through debt structuring at its basic level.
Sad.
>> “I must be a Keynesian kook for noting that the housing market has taken a clear turn for the better, too?” <<
.
It has taken a turn for the ‘better’ if you are a broker, and need not worry about being able to sustain your income sufficiently to make the payments on the debt you’ve just incurred, through the coming crash.
But then, that kind of thinking is a big part of what got us into this trouble.
You are almost too stupid for words.
Yet here is what I wrote that got you spouting Keyenisian nonsense:
Private Investment is up 10%. Web 3.0 is revolutionizing the online world. Fracking is increasing U.S. oil and natural gas production that is driving down gasoline and electricity costs.
Private investment. Not debt. Not government spending. None of what I wrote has *anything* to do with "Political control through debt structuring at its basic level."
You are completely batty. Insane and ignorant simultaneously.
Take your meds and go to sleep. You need large doses of both.
Yes Einstein, belief in sound economic policies is utterly stupid. You and you gal Moochelle should know.
You haven’t demonstrated an IQ that could grasp sound economics. Certainly not in this thread.
You make Tim Geithner look brilliant.
Keep on Mr. Wikipedophile, go look it up now.
You really are too stupid to understand that all current “investment” is coming from monopoly money that is nothing but mass printed debt, to the level that our total tax revenue can’t even cover the service on the debt without running the presses?
Shut up idiot. All you do is read a few articles that you don’t even understand and post the propaganda here.
Now there you go again, making things up. Come on, no one really believes that you have a data source to support your wild-eyed claim of monopoly money for every penny of private investment money such as the FPI, Web 3.0, and oilfield fracking that I mentioned above.
You are just making things up. This happens when you take the wrong doses of your meds, I suspect.
I also think there is a lot of money on the sideline watching and waitng to see what the Fed tax policy is going to be. If Odumbo get the increases in taxes he wants, the other shoe is going to drop.
Why didn't you cite Germany's drop in credit rating instead? That has 100,000 times more impact on our future than your little shiny bit of joy
Germany is trivial to the U.S. economy.
In the U.S., Fixed Private Investment (FPI) is now up 10%.
Web 3.0 is revolutionizing the online world.
Fracking is increasing U.S. oil and natural gas production that is driving down gasoline and electricity costs.
Demand for U.S. manufactured goods, in pre-paid orders, is up...demand for Chinese imports is finally slacking off.
And home-buying is now at a 2-year high.
In other words, the Recovery has begun with investment and major tech revolutions.
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