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WMARKW

WMARKW
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  • The Coming Euro Crash [View article]
    Oh...you mean the EMU rules won't allow the Italians to unilaterally respond to their economic needs? Umm...inherent design flaw?
    Jan 7, 2015. 06:40 PM | 7 Likes Like |Link to Comment
  • Janet Yellen's Failure As Fed Chair [View article]
    Well, let's see. Why don't we try an experiment and eliminate all SS and Medicare taxes at personal and company level and raise everyone's wages by ~15%. We can do that for a couple years and follow the impact on consumption and see what happens. I suspect consumption would go up, and all the providers of goods and services would make more money and never raise prices. Well... that just brings up what the real definition of inflation is.
    Jan 7, 2015. 06:33 PM | Likes Like |Link to Comment
  • Janet Yellen's Failure As Fed Chair [View article]
    "4.A resumption of asset purchases at a monthly rate of $100 billion to be continued until expected inflation exceeds 2% at both the 5 and 10 year horizons. (Five year expected inflation is now 1.4%.)

    I'm still waiting to see how this kind of thinking leads to inflation. Um...haven't we been riding that horse for sometime now?

    How do you create inflation in a world where there is excess supply of just about anything you can think of?
    Jan 7, 2015. 06:28 PM | Likes Like |Link to Comment
  • Peter Schiff Is Wrong On Gold... Again [View article]
    Coming up on a year since this article.... how's that $770 number looking?
    Jan 7, 2015. 03:26 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    Ummm....when's the last time the French saved themselves from anything?
    Jan 7, 2015. 03:12 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    I don't plan to go into France and save their butts again.
    Jan 7, 2015. 01:36 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    Bob123 - don't like the waste the DOD budget or in the US foreign affairs..."then go after and punish those" politicians who keep voting for it. Start your 501(c)3 and get your website going. I'll make a donation.
    Jan 7, 2015. 01:33 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    Gee, what's Canada going to do with all those existing pipelines?

    http://bit.ly/1xS6aTn
    Jan 7, 2015. 01:21 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    The only legitimate function of the central banks is to ensure the banking brotherhood gets paid back for all the money they lend out. Thus the primary reason for the "inflation is good" mantra. Loans will always get paid back if there is inflation. Loans can never be paid back if there is deflation. (That's a generalization meant to drive home the point)
    Jan 7, 2015. 01:15 PM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    I wonder how much oil and gas is newly created each year by the natural process that has been creating it forever? Anyone know?
    Jan 7, 2015. 01:11 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    RIQ - what drop in taxes ?
    Jan 7, 2015. 01:09 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    Wow...perhaps we should dig up all the rest of the pipelines that transport oil and NG all over the USA. We could go back to using Buffett's trains or maybe even horses.
    Jan 7, 2015. 09:28 AM | 7 Likes Like |Link to Comment
  • Wall Street Breakfast: Eurozone Prices Fall For First Time Since 2009 [View article]
    President and EPA will lower mileage limits on new vehicles....aiming at more like those attained in the 1960's. :-)
    Jan 7, 2015. 09:26 AM | Likes Like |Link to Comment
  • Wall Street Heathens: How Their Greed And Gambling Became The Axe Of Statist Policy [View article]
    A large portion of those bottom 50% pay no federal income taxes. So how do you propose to "reduce" their taxes. Are you going to give them tax credits?

    What is your objective? Is it "fairness" as you understand it? Or is it to actually jump start the economy?

    Do you seriously think the answer to the problem of income/wealth in the bottom 50th percentile is tax credits? If so, then the next question is this, "How does that change anything in the long run?" It doesn't. It just gives people free money, and the ROI is basically zero.

    Why don't you just double the amount of Social Security paid to beneficiaries? And you could just print all that anyway without taking it from anyone. The actual expense would be inflation (if any) and the wealthy (perhaps not recognized in your comment above) suffer a much larger impact based on the inflation vs. their wealth than do the "poor".

    The bottom 50% are virtually guaranteed to not get ahead...because why? Do they want to? Or are they content where they are?
    Jan 5, 2015. 04:47 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Greek Exit Fears Rise [View article]
    Government intervention? I wonder what would have happened to a de-regulated banking system if the government had let the bad ones go bankrupt?
    Jan 5, 2015. 04:36 PM | 1 Like Like |Link to Comment
COMMENTS STATS
10,577 Comments
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