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What happened to all of the doom and gloom economic threads?

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Ulaven_Demorte said:
It's amusing watching you squirm, so yes, I'm viewing your ignored posts for the moment.

You need to step up your game though, you're getting boring as hell, again.
Click to expand...

No squirming here, just laughing at your fat ass taking troll bait. Seek counseling.
 
koalabear said:
No squirming here, just laughing at your fat ass taking troll bait. Seek counseling.
Click to expand...

You act as if you've accomplished something. :rolleyes:

I suppose one small preceived victory in an otherwise meaningless existence isn't too much to allow you.
But you've crossed the threshhold into "boring as all hell".. I'll check back in a week or so to see if you've managed any new material.
 
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Ulaven_Demorte said:
You act as if you've accomplished something. :rolleyes:

I suppose one small preceived victory in an otherwise meaningless existence isn't too much to allow you.
But you've crossed the threshhold into "boring as all hell".. I'll check back in a week or so to see if you've managed any new material.
Click to expand...

Nice edit, fool, your alts do that a lot too.:rolleyes::rolleyes::rolleyes::rolleyes::rolleyes::rolleyes:
 
Interesting...

...a trader blows his BBC interviewer away with his blunt assessment and says the safe money during the coming fall is in US bonds and notes.

"The first thing people should do is protect their assets, protect what they have, because in less than 12 months - my prediction is - the savings of millions of people is going to vanish...

...and this is just the beginning."

http://www.youtube.com/watch?v=aC19fEqR5bA&feature=player_embedded
 
“SMART DIPLOMACY:” Germany slams ‘stupid’ US plans to boost EU rescue fund.“Germany and America were on a collision course on Tuesday night over the handling of Europe’s debt crisis after Berlin savaged plans to boost the EU rescue fund as a ‘stupid idea’ and told the White House to sort out its own mess before giving gratuitous advice to others.”
 
Ulaven_Demorte said:
Holy shit! I almost fell out of my seat laughing at that one.

Acting as if you've never hurled a personal insult.. Whew.. That's a fucking laugh riot! Everyone that's known you through the myriad of name changes knows that you have nothing against a little ad hominem or personal attacks,, Unless of course they're directed AT you and not coming FROM you or your bro.

Pull the other one, it's got bells on.
Click to expand...

I often reply in kind to those unkind.
 
Ad Hominen for breakfast???



Since Hell is coming, I wonder if it likes ad hominen grits.
 
Ulaven_Demorte said:
You all really need to make up your minds.

When the DJI is down, it's proof that the economy is in tatters.
When the DJI is up it's suddenly meaningless.

:rolleyes:
Click to expand...

Not really. When it goes down ya'll say it's meaningless, but then keep demanding why we don't credit Obama for going from 8K to 12K but when we try to give Obama for taking it from 12K to 8K with all his doom and gloom you say that Obama cannot effect the markets, but when they go up, we're supposed to praise his policies and accept more socialism because the president can have an effect on the markets, as Bush did...

So, let's talk meaningful benchmarks shall we.

9% unemployment.
 
Candy is dandy but firewater is quicker!
I think I might run off to Costa Ricar...




No Health Care Comancheros but plenty of rich pilgrims coming from KANSAS...
 
In the video, she [Elizabeth Warren] addresses an imaginary captain of industry:

“There is nobody in this country who got rich on his own,” she lectures. “Nobody. You built a factory out there? Good for you! But I want to be clear. You moved your goods to market on the roads the rest of us paid for. You hired workers the rest of us paid to educate. You were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn't have to worry that maurauding bands would come and seize everything at your factory . . . .Now look, you built a factory and it turned into something terrific, or a great idea—God bless! Keep a big hunk of it. But part of the underlying social contract is you take a hunk of that and pay forward for the next kid who comes along.”

A few points.

(1) This is a pretty powerful takedown—of a position nobody holds. Or at least nobody outside an Ayn Rand novel. If Warren can find someone who thinks he does not live in community with other people, then she might have an argument. But don’t sit on a hot stove waiting.

(2) For someone who objects to the term class warfare, she sure draws a mighty bright line between “you” and “the rest of us.”

(3) The question is not whether a captain of industry should pay taxes—but how much. Reasonable people can debate where to set marginal tax rates. But when the richest fifth of Americans pay 64 percent of federal income taxes while the bottom two-fifths pay less than 3 percent, the case for even greater progressivity is not beyond rational debate.

(4) Outside of a few anarchist collectives, there isn’t a soul around who minds paying taxes for roads, cops, firemen, or schoolteachers. It’s the jillion other things government does—from corporate welfare to the Iraq war—that people object to.

(5) Plenty of smart, well-meaning people also think even government’s core functions could be delivered better and for less—just as the Obama administration has used the Dartmouth Atlas to argue for greater efficiency in medical care. E.g., since 1970 inflation-adjusted per-pupil spending in public K-12 education has doubled. Class size has been cut in half. Neither change has produced any substantial effect on academic performance. Why don’t we have the equivalent of a Dartmouth Atlas for public education?

(6) Warren’s remarks epitomize the caricature of a progressive as someone who loves jobs but hates employers. She implies the captain of industry is simply sponging off society and hoarding the proceeds. But hiring workers is a huge social good. So is providing a funding basis for pensions, which generally rely on stock returns. So is creating products people want. Five bucks says Warren has a smartphone and a DVR and a bunch of other modern conveniences, and that she didn’t buy any of them with a gun to her head. So why is she so mad at the people who offered to sell them?

(7) Warren suggests the principle of fair play means the industrialist owes society a debt, to be repaid in steep taxes because his other contributions do not count. But this argument is one of the weakest of all the arguments for political obligation, for reasons most people can figure out after a few minutes’ thought. (E.g., Suppose I mow your lawn without asking, then demand payment because it’s “only fair.”) Why hasn’t she given them any?

(8) Perhaps, like film critic Pauline Kael, who famously didn’t know anyone who had voted for Nixon, Warren doesn't know anyone who believes government and taxes should be small. And, therefore, perhaps she does not understand their reasoning. She certainly doesn’t give any indication that she does.
Click to expand...
A. Barton Hinkle, Richmond Times-Dispatch.
Reason.com
 
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