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Ok.. I think it is interesting you send me to "a this time is different" and a study that encompasses the 17th century to now as if I wouldn't agree that they always say this is different, yet similarities obviously exist. Nonetheless, I ask you are you a monetarist? What do you think of the book "All the Devils are Here"? What do you think of Kindleberg as quoted in your link? Have you read Inflated which Kindleberg is probably going to incorporate in his updated version of Manias, Panics and Crashes (excellent book IMO)?
I guess I don't get your point sending me there. What is it you are trying to teach me? I suggest each time is different in terms of the tools, yet it still has the underlying theme that we keep inflicting the same torture on ourselves and never seem to learn there is more to life allowing people to take advantage of the naive.
First eight centuries doesn't go back to the 17th century until you're in the 25th century.
Second, humans make things harder on themselves by ignoring the fact that this is evolutionary economics. They fight it and try to ignore it but in the end there it is.
First eight centuries doesn't go back to the 17th century until you're in the 25th century.
Second, humans make things harder on themselves by ignoring the fact that this is evolutionary economics. They fight it and try to ignore it but in the end there it is.
Please don't post anymore, thanks.
First, I meant to type a 9, but apparently I typed a 7. Since all charts start at 1800 and that was the data I was reviewing that is what I meant. Regardless of the title, what they charted was the 19th on.
I can understand and will not say anything after this since you were won't answer my questions anyway.
It is purely reprehensable that the Democrats intentionally destroy wealth of every American who invests, has a retirement account, a pension, etc... . All this is done to enable Obama to spend us another nearly $3Trillion further into debt before the next election. Shameful!
It is purely reprehensible that you keep coming in here with your one-sided lies. It takes two to tango. Don't tell me that the Republicans are blameless compromisers who aren't playing political games as well.
A day before a pivotal vote that could shape the remainder of his Speakership, John Boehner issued a blunt rallying cry to his restive rank-and-file to support his plan to reduce the deficit and raise the U.S. borrowing authority before an Aug. 2 deadline. At a closed conference meeting on Wednesday morning, according to a GOP source, Boehner urged his troops to “get your ass in line” and that he needed his army to support him in order to battle President Obama and avert the economic and political consequences of failing to strike a deal. Majority Leader Eric Cantor, Boehner’s No. 2, told Republicans on Wednesday morning that Democrats had closed ranks behind Obama and the GOP needed to stop squabbling and do the same for their leader.
I do believe that the Repubs are going to be held responsible for this. Obama has offered deals and the Pubs have said "no".
I have a feeling that there are a lot of 1 term representatives that will lose their seats in 2012. People in 2010 were dissatisfied with the economic environment but I don't think they wanted the extremes that we currently see in Congress.
We shall see....
Exactly!
It seems that the republicans are so divided that they won't get any thing done as they can't even agree with each other. It would be funny if it wasn't so sad.
Get use to the stock market falling because this is just the start.
The game being played is by your boys, everyone knows that one Party is willing to deal and the other (YOURS) is not, guess who will get the blame
Casper
The bill is sitting on Harry's desk!
Bring it!
The debate of the bill will be fantastic to watch on C-SPAN
I don't know why you folks get so worked up. It's all a big game to them. THEM being congress and the white house. Keep the field hands worried and they're eye off the ball while they rape the country of every penny they can through the treasury.
It's childish to blame one side or the other. We're all in this together. You're free to leave the country or join a secessionist movement if you don't like it.
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Exactly!
