Seven Uncomfortable Predictions for the Economy [View article]
"inflation rate and crime rate are highly correlated" -- Seems like that should be "unemployment rate and crime rate..."
On Mar 30 09:03 AM kelm wrote:
> Over the centuries it has been shown that inflation rate and crime > rate are highly correlated so the Fed's QE strategy will lead to > higher crime. Indeed, the local police force, at least where I live > are expecting it now that the weather is warming up.
What Obama Needs to Know about Tim Geithner, the AIG Fiasco and Citigroup [View article]
What would happen if all the CDSs were declared legally null, void, invalid, and unenforceable? Are they providing any overall value in the current situation?
Who Benefits When the Fed Floods the System with Liquidity? [View article]
There are 3 choices: 1. Raise taxes to cover expenditures. 2. Cut expenditures to fit in tax revenues. 3. Spend more than your tax revenue and borrow the difference.
Which one we as a nation have been doing, not just for years but for decades, is obvious to all. It has accelerated in recent decades: * When Reagan took office, our national debt was $1 trillion. * When Bush I left office 12 years later, it was $5 trillion. * In Clinton's 8 years, it rose to $6 trillion. * By the time Bush II leaves office, it will be at or close to $10 trillion.
An honest solution: Congress and the President decide how much to spend, and the federal income tax rates are automatically indexed up or down to produce a balanced budget (and maybe even pay back a little of that debt).
Why This Rally Is Unsustainable [View article]
Between 10:22 and 11:25 AM, it was up 1.10%. That's a 130,827% annual rate of gain!
Between 1:35 and 1:40 PM....well, you get the idea. I hope.
On May 02 12:01 AM mwfall wrote:
> that's would be a 43% annual rate of gain.
On May 01 02:07 PM Naufal Sanaullah wrote:
> Market is up about 2.5% since April 9.
Seven Uncomfortable Predictions for the Economy [View article]
-- Seems like that should be "unemployment rate and crime rate..."
On Mar 30 09:03 AM kelm wrote:
> Over the centuries it has been shown that inflation rate and crime
> rate are highly correlated so the Fed's QE strategy will lead to
> higher crime. Indeed, the local police force, at least where I live
> are expecting it now that the weather is warming up.
AIG to Fed: Paper, Not Cash [View article]
On Jan 03 10:13 AM User 330353 wrote:
> CASH IF YOU HAVE IT IS NOT BE PUT OUT THERE. I COULD SEE WHERE
>
>
> PAPER AND CASH COULD BE A GOOD THING. I THINK 90% CASH IS HIGH
>
>
What Obama Needs to Know about Tim Geithner, the AIG Fiasco and Citigroup [View article]
History Suggests the Financial Bottom May Be Near [View article]
Who Benefits When the Fed Floods the System with Liquidity? [View article]
1. Raise taxes to cover expenditures.
2. Cut expenditures to fit in tax revenues.
3. Spend more than your tax revenue and borrow the difference.
Which one we as a nation have been doing, not just for years but for decades, is obvious to all. It has accelerated in recent decades:
* When Reagan took office, our national debt was $1 trillion.
* When Bush I left office 12 years later, it was $5 trillion.
* In Clinton's 8 years, it rose to $6 trillion.
* By the time Bush II leaves office, it will be at or close to $10 trillion.
An honest solution: Congress and the President decide how much to spend, and the federal income tax rates are automatically indexed up or down to produce a balanced budget (and maybe even pay back a little of that debt).