U.S. Recession officially over

[MTAtech]

Quote:

Originally Posted by The Real Bingo

What a kook.

This one is for that silly comment: Misguided Monetary Mentalities

[The Real Bingo]

I agree with his premise about interest rates; I just think he dismisses government involvement in the economy far too easily. In fact, he embraces it...and that's scary.

[MegalosSkylaki]

Quote:

Originally Posted by MTAtech

This one is for that silly comment: Misguided Monetary Mentalities

DoH! Where was Paul Krugman when this mess was being cooked up?
MegalosSkylaki

[MTAtech]

Quote:

Originally Posted by MegalosSkylaki

DoH! Where was Paul Krugman when this mess was being cooked up?

http://www.techimo.com/forum/2928001-post5.html

He also warned o the housing crisis in 2005.

Quote:

Meanwhile, the U.S. economy has become deeply dependent on the housing bubble. The economic recovery since 2001 has been disappointing in many ways, but it wouldn't have happened at all without soaring spending on residential construction, plus a surge in consumer spending largely based on mortgage refinancing. Did I mention that the personal savings rate has fallen to zero?

Now we're starting to hear a hissing sound, as the air begins to leak out of the bubble. And everyone - not just those who own Zoned Zone real estate - should be worried.

[MegalosSkylaki]

One can always find remarks or pieces somewhere in the record of someone who writes a lot that would suport one view or another.

Anyway, I got out of the market when it was 14,000 and I think I wrote something about Ponzi America back in '04.

I think most savvy money people know what was going on , but were raking in the bucks so they didn't want to upset the apple cart.

Even many of the early Madoff investors, who got out early with a profit.

DOOOG

[Chuckiechan]

Quote:

I doubt you'll be getting the Presidential decision you're hoping for.

I, and many others, are quickly losing faith in our current leadership.

I hate to tell you "I told you so", but "I told you so".

I knew what Obama was going to do before he did. It's just the way democrats fight and lose wars.

He is dancing around a decision on Afganistan, because he wants Obamacare to have the best chance of passing. Pissing off his base by increasing our military presense in Afganistan will hurt his chances to pass Obamacare, so Afganistan can wait, losses or not.

They can't even get to the "footprint" stage until all of their left wing programs are either passed or rejected.

This is just how democrats calculate the relative value of national security vs the value of soldier's lives vs the value of passing domestic programs.

They always calculate "the footprint", wondering how it will look to others rather than using a "big footprint", get the job done and turn it over to the clean up crew.

Now all we need is a "Tet" and Walter Cronkite, and we'll run and hide under our desks.

Be prepared, BD. Something spectacular could happen in a couple of months. They'll lose the battle, but like the North Vietnamese, they will win the war.