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JasonC8847

JasonC8847
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  • The Greatest Trick Mr. Market Ever Played? [View article]
    Is there a better time to invest? I love crashes, can't wait!
    Oct 10 01:24 AM | Likes Like |Link to Comment
  • The Greatest Trick Mr. Market Ever Played? [View article]
    How dare you question the wisdom of the worlds "greatest" economists.
    Oct 8 02:42 PM | 2 Likes Like |Link to Comment
  • Peak Debt - Why The Keynesian Money Printers Are Done [View article]
    Recusant,

    First of all, just because I talked about the Democrats doesn't mean that I'm ignorant about the truth. What I will not do is equalize, this means that I won't make a comment about how the Republicans fail at something and then immediately talk about how the Democrats do the same thing or worse so as to allow Republicans to get away without the proper amount of shame.

    This is what you're doing, trying to alleviate the Obama admin from being viewed in the proper light by saying that Republicans are also at fault (equalizing), or not perfect.

    Right now we have been living under the Obama admin with liberal dreams coming true in policy and law, and the outcome has not been great. The best liberals have to say is that Obama has done the best he could with the situation he had. This isn't true, he has failed and that's not something which should be hidden from the voters by the Federal Reserve or the media. Reagan had it worse and produced much better results than Obama.

    Remember what Obama spent his time on when he had the house and senate under Dem control, it was healthcare not the economy, that was done because of his ideology and his lack of understanding and experience.

    Your comment is quite ignorant.
    Oct 1 01:24 PM | 2 Likes Like |Link to Comment
  • Peak Debt - Why The Keynesian Money Printers Are Done [View article]
    I wonder what the great economic team of Obama's first year in office would say about what they have brought?

    It's pretty sad to go back and think about all the hype surrounding Obama's great teams. I remember Tom Keene (Bloomberg) bragging that he had someone from Obama's shadow governing council on his radio show (it was actually a commercial for his radio show, he was so excited), I bet he feels like an idiot now. It feels awkward how much publicity these folks got, like Austin Goolsbee, who apparently is able to get away with criminal behavior because, well, he's just so amazing.

    There's a theme here that's not unrelated to Obama's fake intellectuals, and their non solutions, and the Keynesian environment we live in today. The liberal desire for a truth which doesn't exist must be supported by lies, there is no other way for it to become mainstream, rhetoric is the tool of Keynes, Obama and liberals in general. Their only problem now is that there's no more room for their lies and orthodoxy (one in the same) to maneuver and reality is about to crash down upon them. Too bad they're going to take the rest of us with them, except for the select few of course.
    Sep 29 02:57 PM | 3 Likes Like |Link to Comment
  • Cracker Barrel's 4% Yield Is Too Tasty To Pass Up [View article]
    You are correct, but not just foolish, extremely foolish. It goes to show that just because something has a certain value now doesn't mean that it will be the same, or better, in the near future. Same with this stock.
    Sep 4 03:22 PM | Likes Like |Link to Comment
  • Cracker Barrel's 4% Yield Is Too Tasty To Pass Up [View article]
    Pass it up, no pricing is real right now, trust me I bought a condo in late 2006 for $220,000, it sold in 2013 for $13,000. Don't give into hope, it's a losing proposition.

    Nothing is real right now. Let it go.
    Sep 4 12:52 AM | 1 Like Like |Link to Comment
  • Don't Talk About Wages And Incomes [View article]
    Countries don't go broke because their governments go broke, Japan isn't defined as their government but the Japanese people, it's their country no the country of the government of Japan.

    Stop being a Statist, Fascist, Communist.
    Aug 20 07:54 PM | 3 Likes Like |Link to Comment
  • The Doom Of Deflation Over The European Union Horizon [View article]
    Talk to the Waltons, Bezos, whoever runs McDonalds, and tell me that falling prices don't create more wealth. There's also all those people who work as hard as they can to get the cost of making a 72in Flat panel HD TV down as low as possible, God bless those people, and Go Hawks!

    Salaries and prices of goods aren't related my friend.
    Aug 18 08:45 PM | 1 Like Like |Link to Comment
  • The Doom Of Deflation Over The European Union Horizon [View article]
    dnorm1234,

    Although it is correct that when both the prices of things we buy and our incomes go down at the same rate then there is no real wealth growth, we are no better off in that situation.

    It is not a true that rising prices and rising incomes are related or have to happen at the same time, the opposite is also equally false.

    The best situation is where we have rising incomes and stable or lower prices of the things we need. The salary anyone receives is related to the amount of jobs available, not the amount of increase in prices. To say that rising prices creates more wealth is just a lie.
    Aug 18 05:46 PM | 2 Likes Like |Link to Comment
  • The Doom Of Deflation Over The European Union Horizon [View article]
    JasonC,

    The answer to your first question of how much is too much?

    When deflation becomes the enemy, there is too much debt.
    Aug 18 05:40 PM | 1 Like Like |Link to Comment
  • The Doom Of Deflation Over The European Union Horizon [View article]
    When deflation is happening, and it always is somewhere, we are getting wealthier. This is a great thing, if you want to make an argument that there is now so much debt in the economy that inflation is a requirement to keep things going and we would all be totally destroyed and not be in a position to enjoy the positive aspects of deflation, then the answer is simple. We have too much debt.

    Trying to make an argument that because there are so many of us who have loans and debt so we need to make inflation a permanent fixture of our lives doesn't point to success but to failure. Credit isn't wealth, inflation destroys wealth, wealth is what we have when we make money, inflation is what happens when the Govt takes our money from us. It's referred to as taxation without representation.

    The fact that so many people in the finance industry believe such things about inflation, such as the writer of this article, is pretty sad.
    Aug 18 02:37 PM | 2 Likes Like |Link to Comment
  • The Doom Of Deflation Over The European Union Horizon [View article]
    Deflation is bad and Socialism is good, Yada Yada Yada.
    Aug 18 11:58 AM | 2 Likes Like |Link to Comment
  • New Jobless Claims: Highest In 6 Weeks [View article]
    Doug, do you really believe that the UE rate is 6.whatever? If this number is incorrect then all the other feeder numbers are wrong as well.
    Aug 14 01:55 PM | 1 Like Like |Link to Comment
  • Why The Federal Reserve Will Never Be Able To Get Out Of QE [View article]
    Government controlled companies to create artificial jobs by creating artificial demand.

    Boeing makes a new 777-X, then the gov buys the plane and gives it to the gov run airline to fly the folks making the 777-X around the country.

    Perpetual Keynesian Economic Machine otherwise known as PKEM.

    Hasn't this been tried before?
    Aug 14 01:50 PM | 1 Like Like |Link to Comment
  • Finally...A Reality Based Cost Of Living Index [View article]
    And they're also eating horse steaks instead of prime beef, so the FED says they don't actually feel the inflation from food price increases.
    Jul 27 01:16 PM | 7 Likes Like |Link to Comment
COMMENTS STATS
320 Comments
635 Likes