Why I'm (Cautiously) Optimistic About the Future [View article]
The proposed health care looks an awful lot like directive 10-289. I would be more optimistic if our leaders would hurry up and stand there and quit "helping" us.
How the Copenhagen Climate Treaty Will Affect Equity Markets [View article]
You have cooked your brain on pot smoke emissions. All real science has completely discredited CO2 linked climate change and ocean temps have once again cooled. The only crisis facing the US is the planned Copenhagen final destruction of our constitution.
On Oct 21 08:49 AM bartpr wrote:
> the goal of cap and trade is to force fuel users to use les polluting > ng, solar, wind, etc. some are making changes now to anticipate > the changes coming. change will require cap ex to make the conversion. > > this wil not be lost as consumer expenditures are. china and india > > will require some international encouragement like a tax on goods > exported until climate legislation is adopted. > > we are cooking ourselves to death with the c02 emissions. something > globally has to be done.
In order to castrate the competition or force the the use of their product are the main reasons bsn beg for intervention. That's why we had a constitution. Yes I said had.
On Jul 11 07:16 AM Liqal wrote:
> "Government gets involved in business because business asks them > to. That’s right — pop your eyes back in your head and read it again > — it’s another undeniable truth. Businesses in the U.S. spend billions > every year begging politicians to intervene on their behalf" > > > Every now and then someone hits it right out of the park. > Excellent !
manya05, Destruction of wealth is destruction. The US gov is destroying wealth at an unfathomable rate and it is our wealth being sucked away if we as people keep our word to the foreign holders. If we default then it is their wealth being squandered. Between the Fed and the brightest 500 leaders in universe I think we are already in deep trouble.
On Apr 23 02:39 AM manya05 wrote:
> Avoiding Alpha - you pre-suppose that dropping yearly bombs to stimulate > the economy destroys wealth because you are thinking of a closed > system. The economy is not. Every time there is a hurricane in Florida, > or an earthquake or fire in California, the rest of the country (through > the feds and insurance companies) bails them out and the local economies > are indeed stimulated. The same for the US, as long as foreign sovereigns > keep bailing us out, printing money is good, it creates wealth, and > keeps us going on consuming without really producing anything. Your > scenario, and the real problem, begins the day foreign governments > shut off the tap. That day may be approaching, but is not here yet. > Mostly because they do not yet know what else to do, once they figure > out an alternative, we are in deep trouble.
The Inflation Boat Is Leaving the Dock [View article]
On Mar 20 09:17 AM prudentinvestor > Please do your homework on central banking. Try Von Mises Institute. Central banking is a system for robbing everyone. No fed head will ever fix the messes they create, sir. We need responsible (and necessarily > unpopular) central bankers in the Paul Volcker style to fix this > mess and prevent future ones. Those who wish to be populist stars > should not be entrusted with controlling the candy store (aka society's > money supply).
I am long gold. That said the other side has some interesting questions.
1. Rule change mark to market gone, balance sheets magically repaired
2. CDS intervention and transparency returns
3. bad assets returned to banks with "new value" government debt goes down, dollar rally
4. house buying incentives added, zero down etc. "because this is no time to act fiscally prudent" The sheeple buy it and gleefully charge up their accounts
5. Obama and the dems claim victory for the success of the liberty confiscation act and demonize the repubs for standing against it
The U.S. Dollar: Waiting to Tank Gold's Run? [View article]
It seems to me not many have noticed that the Fed is "nearly" insolvent. The quality of its assets are equal to Zimbawean Bonds. I look forward to a dollar rally/gold crash.
My barber wouldn't touch gold with a ten foot pole, says he's selling his junk gold to cash4gold. i think the easy short is bonds. Trading gold is for fools, probably more than treasure hunts.
However I buy gold, keep, each and every month, and I don't care what the current price is dollars. The absolute safest bet on a deflation scene is long cash. Why get cute?
Watch for Yourself: 60 Minutes Oil Story Was Spot On [View article]
I believe , as in any bubble, you have an expectation that the market loses balance around. Speculators, and consumers alike had expectations of something like peak oil fears. The market was afraid of lack of supply as far as it could see. As soon as Bush cleared the way for ocs drilling and the US started chanting drill, drill, drill the market calmed. Don.t worry though, we,ll get another chance on the oil bubble soon enough.
Environmentalism May Face Major Setback in 2009 [View article]
Your friends sound like the usual two year old adults that make up the greens. I don't go to group dinners with them. I do go to many group dinners and we don't see your results. Different kind of people, they actually have jobs.
Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
It seems to me that legal tender is in fact the main issue. If allowed to use grams of silver,gold, or whatever as money in contracts etc. the fiat currencies would either be restrained (unlikely) or rapidly and correctly valued. The peoples money would be the vehicle of choice for savings if not for buying groceries.
The Economic Meltdown: Dismantling, Yes; Doom, No [View article]
Ashkan is certainly a good name for the author of a piece of "analysis" like this. "tax cuts for the rich" proves the marxian bent of his economic bias. And the fact that spending on the war accelerates economic calamity anymore than "good' government spending is laughable.
Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example [View article]
To be fair, why not have divided the 8 tril among every citizen over 18 as a"national" dividend. Why bother with banks and infrastructure smoke and mirrors. At least this way some of the confiscated capital would be correctly invested.
It's Time for the Fed to Get Serious - Barron's [View article]
Great comments and the Fed is not merely a powerful lobby but the engine for more federal government and the eventual international control of much of these US affairs. Selling the US constitution can hardly be called either bashful or virginal.
On Nov 30 10:32 AM Asbytec wrote:
> > debt. And those ways are inline with our constitution, with the government > (congress) coining and setting the price of money. > > But, I just don't see that happening. If you think the lobby is powerful, > wait till you try messing with the folks who run the banking system. > What I do see happening is the tight regulation or elimination of > legalized gambling and insurance functions that are not and never > should be part of any banking system.
Sort by:
Latest | Highest ratedWhy I'm (Cautiously) Optimistic About the Future [View article]
How the Copenhagen Climate Treaty Will Affect Equity Markets [View article]
On Oct 21 08:49 AM bartpr wrote:
> the goal of cap and trade is to force fuel users to use les polluting
> ng, solar, wind, etc. some are making changes now to anticipate
> the changes coming. change will require cap ex to make the conversion.
>
> this wil not be lost as consumer expenditures are. china and india
>
> will require some international encouragement like a tax on goods
> exported until climate legislation is adopted.
>
> we are cooking ourselves to death with the c02 emissions. something
> globally has to be done.
Why Economic Dogma Threatens Our Future Prosperity [View article]
On Jul 11 07:16 AM Liqal wrote:
> "Government gets involved in business because business asks them
> to. That’s right — pop your eyes back in your head and read it again
> — it’s another undeniable truth. Businesses in the U.S. spend billions
> every year begging politicians to intervene on their behalf"
>
>
> Every now and then someone hits it right out of the park.
> Excellent !
What Quantitative Easing? [View article]
Destruction of wealth is destruction. The US gov is destroying wealth at an unfathomable rate and it is our wealth being sucked away if we as people keep our word to the foreign holders. If we default then it is their wealth being squandered. Between the Fed and the brightest 500 leaders in universe I think we are already in deep trouble.
On Apr 23 02:39 AM manya05 wrote:
> Avoiding Alpha - you pre-suppose that dropping yearly bombs to stimulate
> the economy destroys wealth because you are thinking of a closed
> system. The economy is not. Every time there is a hurricane in Florida,
> or an earthquake or fire in California, the rest of the country (through
> the feds and insurance companies) bails them out and the local economies
> are indeed stimulated. The same for the US, as long as foreign sovereigns
> keep bailing us out, printing money is good, it creates wealth, and
> keeps us going on consuming without really producing anything. Your
> scenario, and the real problem, begins the day foreign governments
> shut off the tap. That day may be approaching, but is not here yet.
> Mostly because they do not yet know what else to do, once they figure
> out an alternative, we are in deep trouble.
The Inflation Boat Is Leaving the Dock [View article]
On Mar 20 09:17 AM prudentinvestor
> Please do your homework on central banking. Try Von Mises Institute. Central banking is a system for robbing everyone. No fed head will ever fix the messes they create, sir.
We need responsible (and necessarily
> unpopular) central bankers in the Paul Volcker style to fix this
> mess and prevent future ones. Those who wish to be populist stars
> should not be entrusted with controlling the candy store (aka society's
> money supply).
Gold's Current 'Message' [View article]
1. Rule change mark to market gone, balance sheets magically repaired
2. CDS intervention and transparency returns
3. bad assets returned to banks with "new value" government debt goes down, dollar rally
4. house buying incentives added, zero down etc. "because this is no time to act fiscally prudent" The sheeple buy it and gleefully charge up their accounts
5. Obama and the dems claim victory for the success of
the liberty confiscation act and demonize the repubs for standing against it
6. Obama demands and gets elected for life.
Q. what happens to gold then?
The U.S. Dollar: Waiting to Tank Gold's Run? [View article]
The End of Gold [View article]
However I buy gold, keep, each and every month, and I don't care what the current price is dollars. The absolute safest bet on a deflation scene is long cash. Why get cute?
Watch for Yourself: 60 Minutes Oil Story Was Spot On [View article]
Environmentalism May Face Major Setback in 2009 [View article]
Bernanke's Great Lie: The Gold Standard and the Great Depression [View article]
The Economic Meltdown: Dismantling, Yes; Doom, No [View article]
Paulson's Plan Fails to Understand the Problem; Madoff Is a Perfect Example [View article]
Fiat Money and a Profligate Congress: A Bad Combination [View article]
It's Time for the Fed to Get Serious - Barron's [View article]
On Nov 30 10:32 AM Asbytec wrote:
>
> debt. And those ways are inline with our constitution, with the government
> (congress) coining and setting the price of money.
>
> But, I just don't see that happening. If you think the lobby is powerful,
> wait till you try messing with the folks who run the banking system.
> What I do see happening is the tight regulation or elimination of
> legalized gambling and insurance functions that are not and never
> should be part of any banking system.