geo511

Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example

Hello Mr Wood,

I disagree with you on two points

Obama was for this plan. He was in the room when it was presented.
He's stated what he wants is increase Govt spending on roads (but we all know that will drive up taxes).

Question:
You mention needy workers building roads - how do you know the workers where the roads are going to be built are needy? Are we going to have some poverty test before deciding to build a road in an area, or are we going to ship poor workers to where roads are best built?

Sounds like a glorious start... a "Great Leap Forward" if you will :)

Is This a New Depression? The Lessons of the 1930s

I've been wondering about that - is there someone that's written about how unemployment was calculated then


On Feb 23 08:48 AM Bones wrote:

> unemployment was calculated much differently back then. If done on
> an apple to apple basis the picture is FAR grimmer on unemployment
> comparison.

Solving the Housing Crisis in Bankruptcy Court

the owner getting an adj should never be able to buy again.
they should have that mark on them for life...

Preventing the Depression of 2009

wow I just started rereading Road to Serfdom. Since when did loving Govt come back in fashion?

The more things change the more they stay the same.




On Dec 30 04:07 PM John Lounsbury wrote:

> Frank Thoma - - -
>
> Your article brings to mind a fleeting question I haven't really
> focussed on.
>
> Can policy actions to avoid a depression actually take a situation
> which might have been a category 1 or 2 recession (using hurricane
> terms) and turn it into a category 3 or 4? How can it be determined
> which policy changes are constructive and which have the potential
> to aggravate the problems?
>
> Considering these questions (which I doubt have definitive answers),
> your discussion of monetary policy trying to target stock index performance
> targets seems to me to be a very bad idea. Monetary policy should
> have commerce performance targets (employment, credit avialability,
> GDP, etc). Stock prices respond to these factors of commerce, they
> don't produce them. Trying to manage monetary policy by targeting
> dependent variables should not be considered.
>
> Would you try to monitor colon cancer treatment by monitoring skin
> complexion?

Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example

Hello Mr Wood,

I disagree with you on two points

Obama was for this plan. He was in the room when it was presented.
He's stated what he wants is increase Govt spending on roads (but we all know that will drive up taxes).

Question:
You mention needy workers building roads - how do you know the workers where the roads are going to be built are needy? Are we going to have some poverty test before deciding to build a road in an area, or are we going to ship poor workers to where roads are best built?

Sounds like a glorious start... a "Great Leap Forward" if you will :)

Could It Be a Happy New Year for Chrysler?

The big 3 are now joined at the hip with Congress I think that's gonna make they're year pretty lousy. Think about all the inane shouting matches the CEOs are going to have to have with Barny Frank.

I like my cars big so making more Focuses and Volts just mean I'll be buying foreign next time.

Wall Street Breakfast: Must-Know News

I'm trying to learn a lot from all this and yes W is not doing a lot here to fix things but who is? Both party's have been trying to get knuckle heads into office for decades.

seems like no one wants to treat money with the respect it deserves and everyone wants to fund some populist charity via tax $$






On Dec 15 09:12 AM tgi nomorebush wrote:

> wonder how many that voted for king george iii bushit would do it
> again? always remember that a few days after 9-11 the king told
> the peasants to buy buy buy........... spend spend spend .......
> borrow borrow borrow .......

Auto Industry: Can We Get a 'Twofer'?

I applaud your attempt at making lemon aid but their business model is predicated on individuals buying cars every couple of years. So if we all buy now and then hold on to them for 5-10 yrs (living within our means) they'll need another bailout to sustain all the overhead.

If congress is going to do this fine I can't stop them but it doesn't mean I have to participate in my own over taxation.