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6 Comments

    • It Shows: Few In Congress Have Economic Background [view article]
      I do not think that legislative member needs or requires formal or business knowledge of econ, finance etc - for that there are many experts, Ph Ds, and Nobel winners or in running.
      What I think is missing in Legislative body is interest and inclination to listen, investigate and define and identify the issues and causes and then arrive at an optimal legislation.
      What I noted is SHEEP herd for quick fix, election bytes and throw the money as if there is no tomorrow or future for children.       Oct 02 12:48 PM
    • Housing and Financials: The Worst May Soon Be Over [view article]
      Has the 3rd derivative brought the price to lon term trend line and then a little some to reflect the market dynamics?

      Keep on going for slow grind for some time to come.       Aug 28 02:10 PM
    • The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
      Paying for homes from IRA withdrawal without tax and penalty is rewarding fiscal imprudence for some and penalsing fiscal responsible people. At the same time, it pushes present problem of falling home equity to more poor old folks whenever they come to age of retirment. Then what? It is better to administer the bitter pill now and seek correct solution then to pass the issue for more misery tomorrow.....
      Jul 21 02:31 PM
    • Housing Prices Demand Correction [view article]
      The market is working at its own pace. The last straw will be drawn once we reach there. But, before the last straw others are to be pulled out first to get to the proverbial the straw that broke the back.

      It will take time for all to get their reality dose in time.       Jan 26 03:46 PM
    • Led By the Dollar, Fiat Currencies Will Continue To Approach Zero [view article]
      In the last 10000 years, ordinary wood, iron, or copper never lost their value either. Therefore, hold wood, iron and copper and play world financial market by currency backed by these natural substances. ha ha ...

      The current peril is of adjustment in currency, goods and services produced and consumed with traders playing a role of hype [fear or good time]. Though, the US economy size is about 50% of the total global economy, never over estimate the economy of China, India, and many other touted countries; because they are driven by the US and do have a very small, almost insignificant internal yesteryear economy. It is more noise by traders of shift etc but a shift will bring even more destablization then stability either be it Euro or Yen or Russian Rubble.
      The sub-prime woes and pain are wide spread including economies in Euro.       Oct 08 05:01 PM
    • Robert Shiller's Real Track Record [view article]
      Dr. Shiller is not playing market or real estate. He is an economist and based on the education he got and economic theories he is merely pointing out the potentail outcome of the model and the assumption. He is not saying or ever siad that this is it.

      Also, pl understand, his model will continue to change as it is actively updated for a whole lot people are reacting or not reacting to the economy, fiscal & monitory policy.

      If you take Dr. Shiller to be a market predictor righyt on spot, my friend you are making an incorrect assumption in your own model. Pl put Dr. Shiller correctly where he belongs. Your model will be less error and assumption prone.
      Sep 27 04:14 PM
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