CrisisTheory's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/258581/comments http://seekingalpha.com/article/107552-can-next-year-be-better?source=feed#comment-313934 313934
delusional historical optimism that 'it will all be back to normal soon' is still at an unsustainable hight.

when intermediate and long term bears vastly outnumber bulls, then a bottom can begin.]]> Mon, 24 Nov 2008 14:50:46 -0500
delusional historical optimism that 'it will all be back to normal soon' is still at an unsustainable hight.

when intermediate and long term bears vastly outnumber bulls, then a bottom can begin.]]> http://seekingalpha.com/article/103904-asset-class-performance-during-the-bush-years?source=feed#comment-298068 298068
This is of course distinct from traditional, Ron Paul style conservatism.]]> Tue, 04 Nov 2008 11:28:33 -0500
This is of course distinct from traditional, Ron Paul style conservatism.]]> http://seekingalpha.com/article/102993-the-pivot-point-will-likely-be-election-based?source=feed#comment-294558 294558
Apparantly socialism for the middle class works a lot better for the WHOLE ECONOMY that the socialism for the rich of conservatives which HOLLOWS OUT the economy through government transfers to the elite.

Corporate welfare, speical tax treatment, government union-busting so the workers never get a fair share of the wealth they were equally responsible for creating.... all this does is manufacture an oversupply & distorted (luxury) supply situation. Too bad some investors are so deluded they act against their OWN INTERESTS by constantly attacking those whose predominant income is from WAGES, who are actually the basis of the whole of the economy, and thus aggregate profit rates.

Who will buy all the products if american workers are back on the true "free market" of 6 day work weeks, child labor, "The Jungle" like working conditions and Chinese (if not Colombian) wage rates !?

Ironically, it is the interventionists from FDR to Bernake/Paulson who save the "goose that laid the golden egg" of capitslism from its ostensible, purist, ideological proponents.]]> Thu, 30 Oct 2008 15:33:54 -0400
Apparantly socialism for the middle class works a lot better for the WHOLE ECONOMY that the socialism for the rich of conservatives which HOLLOWS OUT the economy through government transfers to the elite.

Corporate welfare, speical tax treatment, government union-busting so the workers never get a fair share of the wealth they were equally responsible for creating.... all this does is manufacture an oversupply & distorted (luxury) supply situation. Too bad some investors are so deluded they act against their OWN INTERESTS by constantly attacking those whose predominant income is from WAGES, who are actually the basis of the whole of the economy, and thus aggregate profit rates.

Who will buy all the products if american workers are back on the true "free market" of 6 day work weeks, child labor, "The Jungle" like working conditions and Chinese (if not Colombian) wage rates !?

Ironically, it is the interventionists from FDR to Bernake/Paulson who save the "goose that laid the golden egg" of capitslism from its ostensible, purist, ideological proponents.]]> http://seekingalpha.com/article/102636-bank-bailouts-vs-loans-the-myth?source=feed#comment-293465 293465 Wed, 29 Oct 2008 11:20:15 -0400 http://seekingalpha.com/article/102456-so-we-find-a-bottom-then-what?source=feed#comment-292894 292894
Where did all that debt come from ? Bankers (S&L to TARP), Military-Industrail comples (KBR, DynCorp, et al.) and tax cuts for the top 1%.

And the largest debts in history.

Socialism for the rich! Thats what Republican adminisration has delivered!]]> Tue, 28 Oct 2008 18:54:31 -0400
Where did all that debt come from ? Bankers (S&L to TARP), Military-Industrail comples (KBR, DynCorp, et al.) and tax cuts for the top 1%.

And the largest debts in history.

Socialism for the rich! Thats what Republican adminisration has delivered!]]> http://seekingalpha.com/article/101372-thursday-outlook-commodities-emerging-markets?source=feed#comment-288740 288740
No wonder so many lost so much; this right-wing ideology has blinded them.

In the most deregulated, capital-friendly, banker & finance dominated economy in the history of the world, the system blows up and the problem must be................

too MUCH intervention !!

I'm sure thats just the lesson the Chinese are drawing right now]]> Thu, 23 Oct 2008 11:22:37 -0400
No wonder so many lost so much; this right-wing ideology has blinded them.

In the most deregulated, capital-friendly, banker & finance dominated economy in the history of the world, the system blows up and the problem must be................

too MUCH intervention !!

I'm sure thats just the lesson the Chinese are drawing right now]]> http://seekingalpha.com/article/99963-moral-hazard-the-real-culprit-of-the-financial-crisis?source=feed#comment-283274 283274
Unfortunately, one of those "bad decisions" bred by living with the "saftey net" of government, civilization, the feared 'collectivist spirit', was the decision to attempt the utopian lunacy of the "free market" to regulate conduct in human society.

This (2nd) great experiment in "market fundamentalism" - the impossible belief that there ever was, is, or could be a "free market" and that such a construct should serve as the highest arbiter in the organization of society - inaugurated by Regan, Thatcher (and Deng), has collapsed of its own contradictions.

Just as the 1st great wave of market fundamentalist liberalization ended with the implosion of the international system, world wars and depression- leading the great economist Karl Polanyi to declare that humanity had forever learned the error of the utopian idea of the "free market"- so do some now claim that we have learned our lesson.

Yet the author is proof; for beleivers in the creed, only a more pure imposition of the system could have avoided the crisis; the madness of Austrians.

Profit cannot be the supreme value in social organization; governments that attempt to implant systems based on this premise merely sow the seeds of disaster. ]]> Wed, 15 Oct 2008 17:41:49 -0400
Unfortunately, one of those "bad decisions" bred by living with the "saftey net" of government, civilization, the feared 'collectivist spirit', was the decision to attempt the utopian lunacy of the "free market" to regulate conduct in human society.

This (2nd) great experiment in "market fundamentalism" - the impossible belief that there ever was, is, or could be a "free market" and that such a construct should serve as the highest arbiter in the organization of society - inaugurated by Regan, Thatcher (and Deng), has collapsed of its own contradictions.

Just as the 1st great wave of market fundamentalist liberalization ended with the implosion of the international system, world wars and depression- leading the great economist Karl Polanyi to declare that humanity had forever learned the error of the utopian idea of the "free market"- so do some now claim that we have learned our lesson.

Yet the author is proof; for beleivers in the creed, only a more pure imposition of the system could have avoided the crisis; the madness of Austrians.

Profit cannot be the supreme value in social organization; governments that attempt to implant systems based on this premise merely sow the seeds of disaster. ]]> http://seekingalpha.com/article/99956-wall-street-breakfast-must-know-news?source=feed#comment-283095 283095
conservatism was always racist. now it is dead. good riddance.]]> Wed, 15 Oct 2008 13:51:11 -0400
conservatism was always racist. now it is dead. good riddance.]]> http://seekingalpha.com/article/99090-the-beginning-of-the-endgame-for-monetary-policy-redux?source=feed#comment-277192 277192
Crony capitalism that makes profit by squeezing the majority and workers is seeing its twilight.

It produced little of value beyond financial bubbles and crises and the world is now abandoning the failed neoliberal ideology of "market fundamentalism" or the cronies get rich and everyone else is left holding the bag-- especially the taxpayers and fixed-income folks!!]]> Wed, 08 Oct 2008 16:42:30 -0400
Crony capitalism that makes profit by squeezing the majority and workers is seeing its twilight.

It produced little of value beyond financial bubbles and crises and the world is now abandoning the failed neoliberal ideology of "market fundamentalism" or the cronies get rich and everyone else is left holding the bag-- especially the taxpayers and fixed-income folks!!]]> http://seekingalpha.com/article/99074-global-coordinated-rate-cut-nice-try-but-the-party-is-over?source=feed#comment-277119 277119
Free market indeed! Thugs who bankrupt the country, steal our money, give it to already rich cronies (Rumsfeld, Cheney) not real entrepenuers. Not to mention make us hated all over the world by killing innocent third world children to generate MORE money for the same cronies even as the debts eat out or real ecnomy.

]]> Wed, 08 Oct 2008 15:06:34 -0400
Free market indeed! Thugs who bankrupt the country, steal our money, give it to already rich cronies (Rumsfeld, Cheney) not real entrepenuers. Not to mention make us hated all over the world by killing innocent third world children to generate MORE money for the same cronies even as the debts eat out or real ecnomy.

]]> http://seekingalpha.com/article/98937-roubini-was-right?source=feed#comment-276300 276300
Guess what? Its high noon.]]> Tue, 07 Oct 2008 19:05:22 -0400
Guess what? Its high noon.]]> http://seekingalpha.com/article/98935-real-price-of-gold-soars?source=feed#comment-276287 276287
Did not this very scenario unfold in Weimar Germany? A real depression combined with massive monetary debasement?]]> Tue, 07 Oct 2008 18:47:49 -0400
Did not this very scenario unfold in Weimar Germany? A real depression combined with massive monetary debasement?]]> http://seekingalpha.com/article/98791-too-soon-to-move-from-equities-to-gold?source=feed#comment-276217 276217 Tue, 07 Oct 2008 17:37:11 -0400