paulsjj's Comments

How Come Good Macro Policies Are Political Losers?

Sun, 29 Nov 2009 14:37:40 -0500

The proof is in the pudding....Where's the pudding?

Velocity of U.S. Money Supply Is Finally Edging Up

Fri, 20 Nov 2009 10:03:30 -0500

About 1% of the recent GDP growth was the real economy, the rest was government spending. IMO we are looking at government money velocity not real economy money velocity.

Are Negative Yield Money Funds Next?

Fri, 20 Nov 2009 09:47:47 -0500

One of these days 6 to 10 real solvent and secure banks will get together and form an organization composed of safe and secure banks. They will each put in a significant amount of start up money. They will devise criteria that will define other safe and secure banks. They will hire auditors and forensic accountants, and compliance experts. They will have their own shops audited for safety, solvency, compliance. and transparency. Other banks can join the organization after being put through the safety, solvency, compliance, and transparency wringer. They will pay a large annual fee to join the organization after being certified by the organization for safety and solvency. Membership will be public so that people will know where to put their money. The organization will be completely separate from any and all levels of government.

Capitalism Is for the Other Guy

Fri, 13 Nov 2009 08:19:28 -0500

The new Aristocracy: the Aristocracy of Pull, Naked Power , Influence, & Corruption...

Ticking Away: The Inflation Time Bomb

Tue, 10 Nov 2009 17:04:57 -0500

FDR said that "we owe itto ourselves". We have representative governmentg. What this means that the Government borrows and prints the money that congress (our representatives) spend and we have to pay fore it in taxes, inflation, and lost purchasing power. The 0 t0 0.25% Federa; Funds Rate is riping off our savings. Are we dumb or what???

A New Economic Indicator?

Thu, 05 Nov 2009 16:57:06 -0500

Your handle says it all...

On Nov 05 11:48 AM Witchy wrote:

> Two lists.
>
> A few people, in mostly random order, who in the past contributed
> much to how we are, who we are, some of our best and brightest, all-time
> most-interesting: Thales, Sophocles, Socrates, Moses, Buddha, Confucius,
> Jesus, Leonardo, Michelangelo, Shakespeare, Copernicus, Galileo,
> Edw. Jenner, Darwin, Dostoevsky, Einstein, Heisenberg, T. Edison,
> Rachel Carson, Roberto Bolano ...
>
> A few people, in mostly random order, currently active and important
> to how we are, who we are, among our best and brightest, most interesting:
> E. O. Wilson, J. Lovelock, Obama, Bernanke, Gore, Jobs, Gates (both),
> Buffett, Branson, Soros, P. Roth, J. Gray, and many more ...
>
> Question: are, were, would any of them be, gun-obsessed?
>
> The gun-nuts are among the lowest of us, those who have the least
> to contribute ... Our Neanderthals ...

Gold Fever Spreads to India

Tue, 03 Nov 2009 21:18:01 -0500

Let us know when India sells 200 Tonns of Gold...that indeed would be news. I doubt if the world will ever see that gold again.

The Current Baseline Scenario for the U.S. Economy

Fri, 30 Oct 2009 09:04:15 -0400

Funny money...Funny GDP...Funny economy...Funny politics...Funny unemployment...etc. Not so Funny.

When Will the Dollar Snap-Back?

Sat, 17 Oct 2009 18:51:06 -0400

Sombody has to buy the stuff...that my beome problematic.

On Oct 17 07:41 AM LilBob wrote:

> I don't know if I'd use the term "snapping back" but there will clearly
> be a "race to the bottom" in terms of currency valuations as the
> US is still the ultimate market for many consumer goods. Don't forget
> that much of China's wealth came from them supplying goods for our
> K-Mart, Wal-Mart and Target stores. Without US discount retail to
> use as an economic crutch the Chinese will have a much harder time
> managing economic growth, and they will do everything they can to
> keep the Yuan relatively weak. The US is still a leading producer
> of high end technology goods-such as manufacturing control systems
> and medical imaging equipment-and high end consumer goods-premium
> apparel, boats, riflfes, etc.-advanced manufacturing countries like
> Germany and Norway are also likely to attempt to manage some deflation
> of their currencies so as not to be priced out of competitiveness
> in those markets.

The Yin-Yang of Deflation and Inflation

Fri, 16 Oct 2009 12:51:10 -0400

The yin & yang symbol is boundried by an endless circle. We the people are the circle. As long as we continue reduce our spending of our real $'s blessed by our time, effort , and ability we favour yin...and can drive out speculation and corruption. The bailouts short circuit the process and favor the anointed at our expense.

Government's Economic Strategy: Cover Up How Bad Things Are

Fri, 16 Oct 2009 08:57:20 -0400

There is no institution available to investigate, prosecute or redress the massive fraud... scary.

History of the Dollar's Devaluation

Thu, 15 Oct 2009 08:39:03 -0400

I would be happy to buy American if I could find anything made in the USA.
BTW why is the purchasing power of the $ a secret.

>overwhelming majority of Americans who buy American-made products in America, your dollar will be worth just as much tomorrow as it is today<

Faber, Rogers, Dent and Celente: Collapse Dead Ahead

Wed, 07 Oct 2009 10:01:00 -0400

Every week Barrons Magazine reports a PE for the S&P500 in the 130's based an reported earnings. This is in the Indexes and PE's box of their Market Labratory.

Better than Expected Q2 GDP Numbers: Part II

Thu, 01 Oct 2009 11:41:10 -0400

The G part is government spending. Why isn't the metric Net G used G income -G spending. This would give a different picture.

If the GDP is shrinking marginally faster than the PCE the PCE will look etter than it really is.

The fact is we are not growing.

Liquidity Crisis Increasing: Actions Speak Louder than Words

Mon, 28 Sep 2009 08:56:14 -0400

It isn't money until its lent out and used in some form of enterprise.

Taleb Questions Talent of Wall St. Analysts

Mon, 28 Sep 2009 08:49:23 -0400

How did they become megabanks? They do the work of the Fed and the Treasury. Its a mistake to assume an adversary relationship. They work together.

On Sep 27 12:29 PM john s. gordon wrote:

> the only real talent the megabanks have is plundering the u.s treasury
> to pay bonuses to their fat-cat executives who drive the firms into
> bankruptcy.

Dollar Declines Set to Continue

Thu, 17 Sep 2009 15:51:58 -0400

A declining $ is inflation.

Are We Headed for a Green World or Business-as-Usual?

Fri, 04 Sep 2009 10:31:29 -0400

I was a wage slave in a rust belt factory.

On Sep 02 12:23 PM nakedjaybird wrote:

> paulsjj - where were you when the US went from a manufacturing country
> to a services country???

Ten Year Treasury Note: A Terrible Investment

Fri, 04 Sep 2009 10:28:25 -0400

"Bonds are the house we live in." We (gov) sold the "house" to foreigners.

Are We Headed for a Green World or Business-as-Usual?

Wed, 02 Sep 2009 12:21:20 -0400

If Tom Swift were around today he would make a fortune saterizing the Greens and their make believe dream world.

>a simpler lifestyle with less transport, and backyard gardens<

And the Statist Greens will make damn sure we have a simpler life style with their iron heel on our necks forever.

Are We Headed for a Green World or Business-as-Usual?

Wed, 02 Sep 2009 12:11:21 -0400

In the late 70's energy usage was about 24% of GDP. Now it is about 9% of GDP with a higher standard of living. This represents a hell of a lot of conservation through technology & without a lot of government command and control creating false markets.

The Alternative Fuel Vehicle and $300 Oil

Mon, 31 Aug 2009 08:46:36 -0400

We are also addicted to food, shelter, clothing, education, and health care.

On Aug 30 08:11 AM stocknerd wrote:

> Explaining consumption and demand is real simple. It goes like this:
>
>
> OIL=dope
> The US and world are dope addicts. They cannot wean themselves away
> from dope. Oh sure, they talk a mean game about kicking the habit
> but...oh well, talking to a dope addict never works. Let $300 oil
> do the talking. Small cars? Give me a break. Sun and wind power?
> Wake me when it is 10% of all energy consumed.

Has President Obama's Mortgage Modification Plan Failed?

Fri, 21 Aug 2009 09:01:48 -0400

Tammny Hall D.C.

The Fed Is Running Low on Ammo

Tue, 18 Aug 2009 08:40:25 -0400

What happens when national debt interest exceeds the ability to tax the citizens.

Do Lawmakers Really Understand the Energy Markets?

Fri, 14 Aug 2009 08:22:51 -0400

Its amazing how the politico-aristos put their iron heels on the neck of everything and when prices go way up they don't know nothing and everything is somebody elses fault.

Latest Data on Government Transfers and Income

Thu, 13 Aug 2009 08:35:19 -0400

How about farm and energy subsidys to businesses. How about gov subsidies to organizations like ACORN & Planned Parent hood. Arn't these transfer payments? The list goes on and on. Money to NGO's through the UN and directly. Big annual payments to Isreal and Egypt to kep the peace. Heaven only knows how much more. Yoour list is a drop in the bucket.

The Fed's Treasury Shell Game

Fri, 07 Aug 2009 08:22:24 -0400

The Treasury puts the Credit of the US on the table in the form of Bonds and nobody is buying. The Fed cranks out the paper. Looking at the US dollar as a Treasury Security we all know what it is worth...how little it can buy compared to the 1913 dollar.

Two Year Treasury Note: No Juice for the Carry Trade

Wed, 29 Jul 2009 11:25:13 -0400

Incomprehensible...

Winter's Coming for the Boomers: Part 2

Mon, 13 Jul 2009 09:38:42 -0400

>We have 5% of the world’s population, but use 25% of the world’s energy.<

This is a very deceptive statement. How much is this 25%? How much energy do we produce here in the USA? How much energy do we BUY from foreign producers.

Future of Risk: Spot On Prediction from the 1970s

Fri, 10 Jul 2009 08:57:45 -0400

Where O Where Have All The Toxic Assets Gone?