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jhooper

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  • Market Implications Of A Republican Takeover Of The Senate [View article]
    "Where did I disagree that "Government has monopolized the money mediums"?"

    "the only President in the last 35 years to eliminate the budget deficit and turn it into a huge surplus"

    You were applauding Clinton for his ignorance of the system, and hailing the paying off of something that really didn't matter. If you understood how the system works you wouldn't say such inane things, but since your ideology clouds your economics, you wind up talking out of both sides of your mouth.
    Oct 17 11:02 AM | Likes Like |Link to Comment
  • Market Implications Of A Republican Takeover Of The Senate [View article]
    There are few places in Europe where some sanity still holds sway.

    http://bit.ly/YUGg4a

    "Few national constitutions provide a right of secession, but municipalities in Liechtenstein are entitled to secede from the union by majority vote"

    The right of freedom of association is a natural right. Its a major check on a gov. It keeps the gov from becoming too much an agent of theft like in France or Spain.
    Oct 17 10:59 AM | Likes Like |Link to Comment
  • Market Implications Of A Republican Takeover Of The Senate [View article]
    The Bloomber author should have spent more time considering this.

    http://usat.ly/1t0O7W3
    Oct 17 10:57 AM | Likes Like |Link to Comment
  • Housing Starts rise in September [View news story]
    Housing starts rose 6.3% in September to a 1017k annual rate, slightly above the consensus increase of 5.4%. Building permits rose 1.5% in September, below the 2.7% consensus estimate, to a 1018k annual rate. August starts and permits were both upwardly revised, to 957k and 1003k respectively. Multifamily starts rose 16.7% in September and single-family starts were up 1.1%. Starts increased across all regions, led by a 13.9% increase in the West and a 5.3% increase in the Northeast.

    Starts and permits have been stuck bouncing around 1.0m since the summer of 2013 (post taper-tantrum) and September is no exception. With credit tight and wage growth stagnant, the housing market recovery has yet to gain consistent upward momentum. The average 30-year fixed mortgage rate, however, fell this week to 3.97%, the lowest since June 2013. Mortgage rates below 4% has served to boost housing in the past, something we will watch closely in the coming months."

    Still no vibrant recovery.
    Oct 17 10:50 AM | Likes Like |Link to Comment
  • Market Implications Of A Republican Takeover Of The Senate [View article]
    Oh yeah, Europe is really something to emulate.

    http://bloom.bg/1yK3CJe
    Oct 17 10:48 AM | Likes Like |Link to Comment
  • Market Implications Of A Republican Takeover Of The Senate [View article]
    "We all know that the huffington post is just a propaganda arm of the Republican party"

    Just so everyone knows who Randal O'Toole is.

    http://bit.ly/1rH7X7k

    He's also done quite a bit of work pointing out that the places hit hardest by the gov induced real estate collapse where in places that had "smart growth" or other supply restricting gov policies that resulted in real estate prices being bid up.
    Oct 17 09:21 AM | Likes Like |Link to Comment
  • The Stock Market Will Turn When You Least Expect It [View article]
    "There is nothing special or wierd or disruptive about it."

    It doesn't appear you know about history then. However, I will grant you that its not central banks per se, but rather the foundational principles, which is force. Force is the real inflationary foundation. It results in bidding up asset prices beyond what real productivity would support. Eventually reality sets in, and the assets will deflate to what the true PV would be based on the real cash flows. Its in that boom and bust cycle that is your real chance to make money.

    "Central banks shouldn't be affected by whats happening with the market. "

    So, don't get caught up in the propoganda. Learn to accept the world for what it is, rather than what someone tells you it is. Learn to be Cantillon to Law.

    http://bit.ly/uRnDRv

    http://bit.ly/1rGRY9c

    When you can learn to accept the truth, what you will find is that coercion brought about by gov is the source of the booms and busts. Learn to take advantage of that, and you can have some of the wealth transferred your way, like Cantillon or even Colbert.

    http://bit.ly/PiJRS3
    Oct 17 08:43 AM | 1 Like Like |Link to Comment
  • Why The Market Topped Out [View article]
    "I don't know what will trigger the next crisis"

    Keep your eye on the Fed. Shrinking the balance sheet will be a warning as well as increasing the Discount Rate.

    Notice how raising the Discount Rate precedes recessions.

    http://bit.ly/1sZE5UT

    You can track the Fed balance sheet here.

    http://1.usa.gov/sQo6xW
    Oct 17 08:36 AM | 1 Like Like |Link to Comment
  • Market Implications Of A Republican Takeover Of The Senate [View article]
    "How short-sighted and shallow you are. You are so sickeningly U.S.-centric"

    Wow, now that's concise economic reasoning.

    "Well with Congress enjoying the lowest favourability rating in its history "

    How dare you question gov. Now I suppose you want no gov. Why without gov France wouldn't have the roaring economy it is now enjoying.

    http://bit.ly/1yJK1Jg

    Perhaps you guys need to go back to polishing your body piercings and admiring your spiral tatoos, and stop wasting our time with your misunderstandings of economcis and the poor predictive power it brings.
    Oct 17 08:33 AM | 1 Like Like |Link to Comment
  • Market Implications Of A Republican Takeover Of The Senate [View article]
    "Oh really? Even when those "assets" are nothing more than junk paper?"

    Thanks for taking time away from your viewing of Dancing with the Stars to make another inane comment. An asset is when human activity transformers resources into assets. Assets are things that improve the human standard of living. As such, "junk paper" would not be considered an asset and that's why they are written off the balance sheet. Just stringing words together in correct syntax, does not mean they have any value.

    I notice you couldn't refute the realities of what happens when gov has monopolized the money mediums, thus rendering your diatribes against the debt and deficit the pedantic ramblings that they are.

    Isn't it time for you to go back and vote for the latest American Idol singer.
    Oct 17 08:27 AM | 2 Likes Like |Link to Comment
  • Market Implications Of A Republican Takeover Of The Senate [View article]
    "it's foolishness mostly because the Congress is presently incapable of such grand deals. "

    And you want them to have more of your Federal Reserve notes?
    Oct 17 08:22 AM | Likes Like |Link to Comment
  • Bullard suggests delaying end to QE [View news story]
    Yeah geezer is just parroting the mercantilist line. Mercantilism has proven to be a failure for the economy at large. Its great for the exporter special interests and their bought and paid for politicians, but its bad for everyone else.

    "Think of the country as a corporation and you will start to get a clue."

    This analogy is typical for these guys. They are making a specious assumption. While its true that a country is a corporate form of association (hence corporations are people), what it leaves out is that as a corporation gets bigger, its supply chain can become more internalized. The internalization will depend if the people inside the corporation can make the inputs better than somebody outside the corporation. In that vein, you could have a corporation or country that only imports. That would mean they are only importing raw materials, have lots of employment, and a high standard of living because the people in the corporation can turn those materials into things that no one else outside the corporation could. The only outflow would be some money medium like gold or notes that could be traded outside the corporation because of the faith that those notes could also purchase things from inside the corporation if need be.

    At the end of the day, what makes an economy better, is ever improving productivity via know how of how to make things better, faster, and cheaper. Money debasement is no substitute for that. If it were, every country in the world could just print and they would all be rich. That approach is the genie in the bottle approach. In other words, its fantasy.
    Oct 16 04:48 PM | 1 Like Like |Link to Comment
  • Bullard suggests delaying end to QE [View news story]
    Notice how raising the Discount Rate precedes a recession.

    Oh yea, these guys being data driven is doing a great job.

    http://bit.ly/1sZE5UT
    Oct 16 04:22 PM | Likes Like |Link to Comment
  • The Stock Market Will Turn When You Least Expect It [View article]
    Which reveals that the Fed isn't as independent as it is claimed to be.
    Oct 16 03:49 PM | 2 Likes Like |Link to Comment
  • The Stock Market Will Turn When You Least Expect It [View article]
    "QE will NOT be ending in two weeks"

    Yeah, I hear what you are saying, but I sort of wonder if Yellen isn't afraid of the "Davids" of the world, where she worries about what they think. She may just go ahead and let it end, and try jawboning for a while.

    Imagine that though. Jawboning isn't real Fed notes. So we get a market tanking scenario heading into an election, and Yellen holds firm because she is afraid of losing face. That would be a classic regulator response.
    Oct 16 03:39 PM | 1 Like Like |Link to Comment
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