john haskell

Comparing Clinton and Bush on Income Taxes

we also need to allocate tax income to fix our educational system so that our children don't grow up to talk about "wrote offs" and "preks" as User 4978 does.

Blame Realtors, Brokers and Bankers - Not Greenspan

this is pathetic. Did realtors start being greedy in 2002? Of course not. Did securitization start in '02? Of course not. Did investment bankers shift from long term thinking to short term thinking in '02? No again. But the housing bubble started in '02 and continued through until '05. Why? Because 02-05 was the period when the Fed had ridiculously low interest rates, thanks to "Uncle Al the Gambler's Pal."

Now you can blame other people for getting drunk, but it was Al who spiked the punch. And now that interest rates are non-zero, the housing bubble is over. QED.

Freefall Fed Policies?

this York piece is so error-riddled and ill thought out that he should just be removed from the Seeking Alpha website. Anyone who thinks the Federal government is running a $9 trillion deficit has no business attempting to comment on market trends.

Collapse of the Yield Curve

inflation? What are you talking about? so wheat prices have gone up 100% in the last six months, but I don't eat raw wheat. I also don't use any West Texas Intermediate. These are all just ephemeral rises in volatile individual commodities which can be safely disregarded while we try to make sure Joe Speculator stays in his million dollar house.

Fallacy of Inflation Targeting

sorry, I need a remedial lesson in mathematics here- gold is finite, that leads to inflation (according to cheesecake). So what does infinitely expandable fiat currency lead to?

The Great Fed Rate Cutting Myth: Look Out Below

1. Please identify "those same top tier financial stocks whose executives condone selling or shorting into blips higher when rate cuts are announced." Does Goldman (characterized as "sitting down to a hearty Steak Dinner" (sic)) condone selling into blips? Are they shorting their own shares or shares in general? Should I sell shares in GS or not?

2. A ten year chart showing a very general trend between two variables doesn't prove anything. Further, interest rates certainly increased in 1994- did the Dow? No.

3. Capitalizing Every Noun You Use in your Article Does Not Make it More Authoritative. It Just Makes It Harder to Read.