sether

51.68% in 165 Days

Why should I care what a couple of 15 year-olds have to say?

National Health Insurance, 'Cap and Trade': Two Steps in the Wrong Direction

72% of americans want public health care.
90% of corporate money doesn't.
If public health care drives private providers out of business, GOOD. The sooner the better. Couldn't happen to a nicer bunch of people. Health care for profit is unethical, and violates the hippocratic oath. Look into it.
Peter Schiff here reduced to FOX News-level propaganda. Nice work, you sellout. How do you sleep?

National Health Insurance, 'Cap and Trade': Two Steps in the Wrong Direction

If the free market can solve everything, why is it so afraid of a public healthcare option? Private healthcare is so great right now it should kick the ass of any public option, right? What harm can a little increased competition do to our health care oligarchs?

Economic Decapitation via Cap and Trade

Hey John Dalt (Galt?) you write and dress like a clown.
Are you one of those Ayn Rand Scientologists - er - Libertarians? Your article is about as lucid and useful as Atlas Shrugged, but thankfully less verbose.
Libertarianism is actually just Infantilism. Has anyone else noticed this?

The Coming Economic Collapse, Part 2

Hey mr. Magoo, are you an idiot or a liar?
For the last 30 years the US economy has been a Friedmanesque, supply-side, deregulating, trickle-down, tax-cutting (for the rich), Laffer-curve, Jude Wanniski, Voodoo economic Petri dish.
The experiment produced financial AIDS, which unfortunately we exported to the UK, and most of the rest of the world.
What country were you living in?

On Jun 09 06:29 AM JudeJin wrote:

> a hundred years of social experiment based on keynesian theory(government
> intervention) has failed miserably!!
>
> by comparison, in physics, an experiment could finish in nanosecond.
> thus we all honor einstein.
>
> in social science, we've followed the wrong man.
>
> i recommend everybody to study the austrian school of economics founded
> by ludwig von mises! he's the unknown einstein in economics. he predicted
> this miserable outcome of government intervention a long long time
> ago, but nobody listened. no bureaucrats would listen of course!!!
>
>
> amen to american people!
> wake up, american people!
> the world need you to stand up and lead the civilization into the
> right direction!
> a catastrophe is also an opportunity!
> we need a true leader, not obama!
>
>
>

The Coming Economic Collapse, Part 2

Our current dillema is the result of markets being more 'free' and all-encompassing for the last 30 years than they have ever been. Certain things should not be subject to market forces. We used to have enough common sense to realize that if we want to maintain our status as a civilized and advanced country, it is in our interest to provide and maintain baseline minimums and minumum standards in health, education, and housing/infrastructure. If you want private school, boutique healthcare, or a gated community, you buy it; but these are basic requirements about which many people are not able to make "willing exchanges". The real problem with Government has been that democracy itself has been exposed to market forces, and has ceased to exist to a great extent. Corporations, the nominal market 'winners', now own government and use it as another tool for self propigation. The last 2 supreme court appointments are corporatist shills. This is the inevitable result of an unregulated 'free' market. Free markets eat themselves with huge collateral damage.

On Jun 08 06:40 AM User 353732 wrote:

> I suggest that the path to a cure requires clarity about making and
> honoring distinctions between markets and governments.
> Markets allocate resources based on merit. Governments misallocate
> resources based on patronage. Markets create wealth, Governments
> destroy it. Markets promote choice; Governments suppress it. Markets
> are based on a voluntary system of property rights and willing exchanges.
> Governments are based on a coercive system of entitlements and impositions.
>
> It is not, I beleve, for individuals or Governments to decide the
> what, when and where of jobs and the composition of the economy:
> no individual can and Governments , by their very nature get in not
> just wrong but horribly wrong.
>
> Only Free and Fair markets can get it right.
>
> Our present grave economic/financial and decision making perversions
> and pathologies arise from the fact that free and fair markets are
> no longer permitted to function in important, indeed essential parts
> of the economy. This is because corrupt and self obsessed Big Corporations,
> advocacy and special interest groups and the Government profit hugely
> and consistently from suppressing or distorting market( eg credit,
> energy,water, labor, real estate, education, healtcare) signals.
> In large and growing parts of the economy Free and Fair markets do
> not exist or are no longer allowed to operate.
> The more the markets are tortured and weakened the more the Government
> and its corporate, special interest and media allies claims that
> only they, the annointed few, have the answers.
> Governments cannot credibly address the issues you discussed in Parts
> 1 and 2 of your essay and markets are not allowed to. No wonder the
> fundamentals of the economy, society, culture and national global
> stature continue to deteriorate.
>
> Until the Government/market balance is reasonably restored, property
> rights and the rule of contracts are again honored, free and fair
> markets are again the norm and the middle class is again central
> in national decision making our condition cannot, reliably and consistently
> improve. It can, however, greatly worsen.

Decline in Jobless Claims Implies End to Recession

really dumb.

Social Security: Bankrupt System Will Impact Markets Sooner than Expected

Yes Gregman, this is end-stage capitalism. The 90's and 00's were Baroque and Rococo capitalism, respectively; characterized by convolution, complexity and excess to the point of obfuscation or abandonment of original principals. Anyone familiar with the evolution of style knows that either neo-classicism is next, or a completely different style, probably centered on a different continent.


On May 01 12:34 PM Gregman2 wrote:

> Companies won't provide for you. Government can't provide for you.
> With offshoring, wage compression and unpredictable freelance employment...retirement
> is all but an illusion anyway. Thanks to so much debt leverage in
> every sector, our system doesn't permit any capital formation, and
> indeed prevents it.

Social Security: Bankrupt System Will Impact Markets Sooner than Expected

eliminate the cap on contributions, lower benefits a little, increase the age of eligibility a little, problem solved.
I could give a sweeeeet sh*t what plutocrats and wannabees complain about. Take your tax hike with a smile or be eaten. Your tender white meat will fall right off the bone I'll wager.

The Case Against Re-Regulation

Self interest and the common good are mutually exclusive concepts, and an oxymoronic duality when applied to economics. Please stop with the "Invisible Hand" nonsense. You Rand/Smith acolytes are infantile in your evangelical belief in this purile hocus pocus. It's no better than a cult; whose cynical leaders unfortunately also controlled our economic policy, and forced us all to drink the kool-aid, willing or not. Much carnage resulted. How many more contrived boom/bust cycles and bailouts must we endure before people stop pumping unregulated capitalism? Lose that religion folks.

Sucker's Rally Approaching an End

Owners are capitalists. Workers are not capitalists. They are wage-slaves. The notion that harder/smarter work begets bigger profits is true, just not for the people actually doing the work. Labor's only source of power is to unite for a respectable, livable wage and humane working conditions, i.e., form "unions". Powerless workers get paid what is offered, under whatever conditions are offered. Are we are headed back to kids in factories, 13 hours a day, 6 days a week? OOOPS! we're already there, in Asia. Those kids do work hard though, and they're awful smart! It's amazing how far they can stretch a dime! I wish we could lower costs like that back in the US of A. Keep 'em ignorant, god-fearing and hungry. Jesus willing, we'll get there.

On Apr 13 01:24 PM Socialism cannot compete! wrote:

BS. Unionization leads to what we see in the auto industry -- falsely high costs that become unbearable. It leads to wages that are paid NOT based on individual merit -- which is the lifeblood of capitalism, the notion that harder/smarter work begets bigger profits -- but instead, pay based on a collective...this is socialism in pay calculations.

Oil and Stocks Have Bottomed, But Their Paths Forward Vary

Yes both parties bear responsibility for the current crisis, but the rot and cancer at the core of our politics for the last 30 years has been conservatism. Conservatives have derived their political power over the last 30 years by appealing to people's basest instincts; greed, fear, and hate. Vote for me, I'll cut your taxes. Vote for me, or you will be killed by communists / terrorists / socialists. Vote for me unless you want blacks and homos raping your women and children. It was a bag of cheap tricks, and very effective. Appealing to people's basest instincts is the opposite of leadership, but it will always work with a certain segment of the population. That segment is at long last in the minority, because I think enough people are finally disgusted with that, and the honest ones are disgusted with themselves for buying it. The dishonest ones will continue to claim that Liberalism is just the other side of the same coin. In a country guided by liberal humanist principals, you wouldn't have both parties owned by Wall Street. You wouldn't have 1% of the people owning 98% of the wealth. You wouldn't have a shell of an economy, disemboweled by Globalist freemarketeering and financial deregulation and speculation.
GOD DAMN ALL OF YOUR BLACK HEARTS.


On Apr 12 03:54 PM Nathaniel C wrote:

> Jim-- Regarding your discussion on politics I see that you are caught
> in the phony left/right paradigm. That is too bad because it blinds
> you from the truth that both parties are working together to ruin
> the US. They both stole trillions from the taxpayer (and borrowed
> trillions more) and gave it to the offshore banks that brought down
> the US economy. The single largest contributors to Obama's campaign
> were Goldman Sachs and JP Morgan. The banks own both parties. That
> is why Hank Paulson (GS ceo) was Treasury chief under Bush and Geithner
> (NY Fed president also known as the bankers agent) was choosen by
> Obama. The banks always win.
>
> Both parties support perpetual wars: that is why Obama is increasing
> the number of troops in Afghanistan and the Dems and Republicans
> appropriate trillions to fund the war.
>
> Regarding social security and medicare: they are illegal under the
> US constitution but are coincidentally in the communist manifesto.
> I realize that Communists like yourself dont care for the US constitution
> but it is still the supreme law of the land. Even though politicians
> choose not to follow it anymore.
>
> I am surprised that you would support social security considering
> it is a ponzi scheme larger than Madoff's scheme (steal money from
> the youth to pay for the elderly). Social Security is not a benefit--check
> with the IRS about that. If you do not pay social security and medicare
> TAXES you will be sent to jail. Social security is a confiscation
> of wealth. The yearly inflation adjustments do not keep pace with
> inflation. Numerous studies have shown that if people could keep
> their own money (I know it is a radical concept) and invest it in
> bonds they would have monthly payments 3 times higher than what they
> get through social security. Instead retirees are kept in poverty
> and forced to eat dog food on their $1200 a month check. The government
> knows that will keep them loyal and obedient slaves.
>
>

Wall Street Is Short Barack Obama

Market fetishist. He wrote that and actually made it public. WTF. No perspective. This guy must have serious E.D. by now.

On Mar 06 01:19 PM raytayzmd wrote:

> ..."...recent Business Week poll of anonymous voters indicates that
> 42% of respondents blame Obama for mismanagement of the economy."...uhhh,
> the guy's been in office hardly a month and they're doing polls on
> how his management?...let's see, if I put you in a rowboat and dropped
> you in the middle of a tsunami, how well do you think you would do?..."The
> Wall Street voting bloc is alarmed by the prospect of higher taxes..."...that's
> where you should have stopped...if all those expenditures you mentioned
> served to enrich Wall Streeters at the expense of Main Street, no
> doubt their roar of approval would be deafening...and WTF is this
> from your website:
>
> "...Do you pine for me - the way I pine for you? Please. Please,
> say Yes...
> No.
> You are a ho.
> I hear the stories - but I don't believe them. Nope. Not my Green
> Eyes. Not, Miss Precious. How could my sweet, delicate flower do
> this to me? How could she treat me..."
>
> ...ooooookaaay -- I hope you'll pardon me if I don't seek your investment
> advice.

Wall Street Is Short Barack Obama

The socialism thing is a straw man. It's still distracting people like you from the great unwinding of everything. The socialists aren't coming to take what you (and I) have worked for. That is already long, long gone. This fact is more apparent to some than others. You'll get there. When the sh*t really comes down you'll be on our side. You got moxie I can tell.


On Mar 06 03:58 PM fireball wrote:

> sether
> come take your free lunch. it's free. hope you like lead. come on
> little piglet. come take your lunch. hope you got a taste for the
> lean meat of a predater. oops i mean succulent pork. i guess i'll
> use you for fertilizer. think you'll mix well with manure.
> pretty sure i made my gains by my own labor but just for fun let's
> say i took it from weaklings like you. bleat his name obahahahamahahaha.
>
> usually i like reasonable conversation but there are exceptions.
> come take your free lunch little piggy. i'm weak and helpless. easy
> prey for you. come on over. i'll give you exactly what you deserve.

The Bubble of Uncertainty Is About to Burst

I know that's your standard comment, but this is one of the few articles which is not suggesting that. You have to actually read the article. It's fairly objective and refreshingly unemotional about the political dynamics.

On Mar 06 07:12 AM plumstupid wrote:

> Its all Obama's fault! Its all Obama's fault! Its all Obama's fault!
> Really! NO, REALLY!