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blueice

blueice
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  • Something Is Still Ridiculously Wrong [View article]
    Hear is Professor Wray explanation of MMT or Modern Money Theory or Thoughts.

    http://bit.ly/1LaVRxI

    YTD, Professor has only issued 17 articles and a number in Spanish..

    There is barely a post or two in the comment section...
    Sep 5, 2015. 09:33 AM | Likes Like |Link to Comment
  • Why I Will Start Social Security At Age 62 [View article]
    Mr Fishman says, " Even if they do nothing, even without tweaks, 75% percent of the scheduled benefits are still safe. but believe me - the remaining 25% is
    probably safe too."

    Oddly enough, this statements is true! Why, because going ward there will
    be a growing number of SS retirees. who shall be also on the welfare rolls.

    The statists always has back up plan, full knowing that any and all original
    government programs fail.
    Sep 5, 2015. 09:01 AM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Lee states "Can anybody seriously argue that the Fed couldn't raise the rates 0.05% or 0.1% a month over the past 18 months? Would this have killed the economy?"

    I have been saying the same thing since 2012..I believe that the FRB
    is in the carry trade business and does not want to end it.

    In order to move the economy forward, they have destroyed the saving
    rates and passed on the margins to the spenders.

    This explains in part, why corp level of debt have reached record levels, in
    such a tepid economy.

    The net effect is that debtors are being subsidized by the FRB, at the
    cost of savers...

    The FRB has decided whom shall have growing income and whom shall
    not..Central planning at it's best; with the repercussions waiting
    down the road.
    Sep 3, 2015. 12:45 PM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Jason, have ever seen the FRB GNP projects in the past five years?
    They are laughable and well hidden.

    No wonder they have vocal critics or "bashers" as you would
    title them.
    Sep 3, 2015. 12:12 PM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Seatle, this is nothing more than idle chatter from the FRB.

    They are not going to increase federal fund rates, going into an
    election.

    And if there is one, it will be one and only.
    Sep 3, 2015. 12:05 PM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Mr Rosenberg, you might as well start controlling this
    board, as you do with most of America.

    Puerto Rico or Brokeo Rico is coming our way.
    Sep 3, 2015. 12:00 PM | Likes Like |Link to Comment
  • Century Aluminum Is Massively Undervalued [View article]
    158, I do not know, but what matters is the effect of Red China's
    on aluminum prices.

    It was RC which drove and spiked the super commodity cycle.
    Sep 3, 2015. 11:52 AM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Seatle, does not your "community" have a statue of
    Karl Marx or Lenin?
    Sep 3, 2015. 12:43 AM | 1 Like Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Mr Rosenberg, if it is SO GOOD, why is it mandated?

    Why is CONgress and their staff exempt?
    Sep 3, 2015. 12:36 AM | 2 Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Mr Rosenberg, you sure know how to disengage!
    Sep 2, 2015. 04:06 PM | 1 Like Like |Link to Comment
  • Vantage Drilling Announced It Has Terminated The Cobalt Explorer Contract [View article]
    Fun Trading, my "broker" and loan shark, is John Gotti & Associated.
    Sep 2, 2015. 03:09 PM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Hogwhitewash ++2!
    Sep 2, 2015. 03:02 PM | 1 Like Like |Link to Comment
  • Vantage Drilling Announced It Has Terminated The Cobalt Explorer Contract [View article]
    For a block purchase of 100,ooo shares, the commission costs
    are higher than the 7.5 cents per share. :<)
    Sep 2, 2015. 11:47 AM | Likes Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Janson said: "Does that means if rates rose 1% the Treasury would be paying out $107 billion more per year? No, because the debt isn't all short term."

    The treasury is continuously churning debt..With higher interest rates,
    this would project higher and higher interest costs.

    For what ever it is worth, the CBO project expanding deficits in the going forward.
    Sep 2, 2015. 11:39 AM | 1 Like Like |Link to Comment
  • Something Is Still Ridiculously Wrong [View article]
    Hobart, if interest payment for serving the debt is 420 billion dollar
    and the spending budget is 3.5 trillion what is the percent?

    I do not know where the RomenyCare Foundation comes up with
    6%?

    If you divide 3.5 trillion by 420 billion, your percent would
    be 12%..

    One of every eight dollars in the federal governmental unit
    budget is spent on interest costs.

    If I am wong, please demonstrate it..
    Sep 2, 2015. 11:28 AM | Likes Like |Link to Comment
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