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How much stronger do you think auto sales could possibly be?
Does it matter? Do you disagree with me that if the Fed noted......"Interest rates will start rising on (pick a date) no matter what", that people wouldn't expand their major purchases while rates were low?
I like when Republicans are unhappy, ranting and raving. This means that GOOD is happening to the country. Whatever this job report is, you can bet that if a Republican were in the White House, the reports would be SIGNIFICANTLY WORSE.
Only a liberal applauds economic misery. Why? The more poor, dependent citizens, the more democrat votes.
Liberal policy is designed to increase the misery of the nation and thus expand the power of the democrat party.
Productive, employed citizens have no need for the democrats.
Status:
"everybody getting reported now.."
(set 20 days ago)
Location: Pine Grove,AL
29,549 posts, read 16,535,254 times
Reputation: 6032
Quote:
Originally Posted by pknopp
Again, ignore my actual arguments to make up your own to argue against. I'm not going to discuss things that way.
I ignored nothing, and if you believe I did, tell me what specifically I ignored and I will respond to that point for you.
But as I said, the date you are using is re nomination, you called it reappointment. They are not the same thing. renomination means nothing to the date Bernanke would leave office. Bernankie would not have left office until Jan 31, 2010 even if your scenario had played out. Which is a year from when President Obama took office as I previously stated.
I ignored nothing, and if you believe I did, tell me what specifically I ignored and I will respond to that point for you.
But as I said, the date you are using is re nomination, you called it reappointment. They are not the same thing. renomination means nothing to the date Bernanke would leave office. Bernankie would not have left office until Jan 31, 2010 even if your scenario had played out. Which is a year from when President Obama took office as I previously stated.
They were the same thing......if Obama had said in August that he was picking (fill in the blank) because he had no faith in Bernanke because he had just failed in his job in historic proportions, Bernanke would have resigned. 6 months, 1 year, 2 years is irrelevant. He never should have been allowed to continue.
I would have asked him to resign on Jan 21 2009. He would have.
Status:
"everybody getting reported now.."
(set 20 days ago)
Location: Pine Grove,AL
29,549 posts, read 16,535,254 times
Reputation: 6032
Quote:
Originally Posted by pknopp
They were the same thing......if Obama had said in August that he was picking (fill in the blank) because he had no faith in Bernanke because he had just failed in his job in historic proportions, Bernanke would have resigned. 6 months, 1 year, 2 years is irrelevant. He never should have been allowed to continue.
I would have asked him to resign on Jan 21 2009. He would have.
No,they arent. You are assuming that Bernanke would have resigned, and that is a perfectly reasonable expectation, but it is still an assumption, not a fact of when his term actual ends per law.
If you want to debate assumptions and predictions, you can, but you need to use the right terminology. You can not call a rose by another name, and then tell others they are wrong because they call it a rose.
But you still have failed to address the issue to which your concern is about. You would be asking for a change in the law that would be equivalent to that of changing how supreme court justices become the Chief Justice and being doing so as a political motive.
monetary policy, should not be political and change just because we have a new president.
My bigger concern is that you are using the same dead wood argument conservatives use when it comes to bailouts, the polices you advocate for may very well work sometime in the future, but the immediate consequences would be horrible, and there is no guarantee that we would recover from them.
I like when Republicans are unhappy, ranting and raving. This means that GOOD is happening to the country. Whatever this job report is, you can bet that if a Republican were in the White House, the reports would be SIGNIFICANTLY WORSE.
No,they arent. You are assuming that Bernanke would have resigned, and that is a perfectly reasonable expectation, but it is still an assumption, not a fact of when his term actual ends per law.
It really doesn't matter does it since Obama went with Bush's failed Fed chair? Obama failed and we shouldn't be surprised that things are still bad. Until we get away from the idea that the Stock Markets = the economy, things are only going to stay the same at best. Probably get worse.
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