114
   

Where is the US economy headed?

Forums: Economy, Finance, Politics, Job Losses, Credit Crunch
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reasoning logic
 
  1  
Reply Sat 23 Jun, 2012 12:55 pm
0 Replies
 
reasoning logic
 
  1  
Reply Sat 23 Jun, 2012 01:27 pm
Here is a full work up on the 25

http://www.huffingtonpost.com/joshua-m-brown/best-financial-journalists_b_1605584.html#slide=1092093
0 Replies
 
realjohnboy
 
  1  
Reply Sat 23 Jun, 2012 01:43 pm
(Reas0ning Logic gets post #20,000 on page #1001 of this thread. It only took us 7+ years!)
0 Replies
 
JPB
 
  1  
Reply Sat 23 Jun, 2012 02:01 pm
@spendius,
At least you're putting conditions on your bank bailouts. We "loaned" (forced, really) our too-big-to-fail banks $$$$ at nearly 0% and "hoped" they'd use it to ease the credit market. Instead, they purchased US Treasuries paying 4%. They made a bundle, paid back the bailout money and still haven't eased the credit markets -- all on the backs of the taxpayer.
hawkeye10
 
  1  
Reply Sat 23 Jun, 2012 02:36 pm
@JPB,
JPB wrote:

At least you're putting conditions on your bank bailouts. We "loaned" (forced, really) our too-big-to-fail banks $$$$ at nearly 0% and "hoped" they'd use it to ease the credit market. Instead, they purchased US Treasuries paying 4%. They made a bundle, paid back the bailout money and still haven't eased the credit markets -- all on the backs of the taxpayer.

It was done as it was supposed to go....the US political system is broken, the banks needed to be recapitalized and it was only going to happen with public money, but we did not have the ability to carry out the program with transparency. What should scare you more than how little gets gets done in Washington is how little honesty there is in Washington.
JPB
 
  1  
Reply Sat 23 Jun, 2012 02:43 pm
@hawkeye10,
hawkeye10 wrote:

It was done as it was supposed to go....
I don't think so. I think the bankers are much smarter than our governmental players

hawkeye10 wrote:
the US political system is broken,
I agree.

hawkeye10 wrote:
the banks needed to be recapitalized and it was only going to happen with public money, but we did not have the ability to carry out the program with transparency.
They had plenty of money. Now they have more.

hawkeye10 wrote:
What should scare you more than how little gets gets done in Washington is how little honesty there is in Washington.


I've been saying this for years. Would you like to hear my opinion of the two party system? Insert tape number 42.
0 Replies
 
spendius
 
  1  
Reply Sat 23 Jun, 2012 02:55 pm
Do you think it is a perfectly predictable outcome of some cause or other which could have been avoided?

You're all talking about the ballet when a horse bolted pulling a cart and they got wrapped round a tree rather than the large insect that stung it on the scrotum.
spendius
 
  1  
Reply Sat 23 Jun, 2012 03:01 pm
@spendius,
Possible causes--

1--The Constitution.

2--The Pussy whip.

3--Getting too rich too quick like Jed Clampett.

4--The decline of Christian values.

5--Television.

6--Being too clever by half.
JPB
 
  2  
Reply Sat 23 Jun, 2012 06:19 pm
@spendius,
7) political parties.
spendius
 
  1  
Reply Sun 24 Jun, 2012 04:26 am
@JPB,
8--Nepotism.

9--Education as a business.

10-Guilt.
izzythepush
 
  1  
Reply Sun 24 Jun, 2012 06:40 am
@spendius,
11 Fear.
spendius
 
  0  
Reply Sun 24 Jun, 2012 06:44 am
@izzythepush,
12--The American Dream.
izzythepush
 
  1  
Reply Sun 24 Jun, 2012 06:50 am
@spendius,
13 Reality TV
spendius
 
  0  
Reply Sun 24 Jun, 2012 08:09 am
@izzythepush,
TV has been covered izzy.

14--The necessity of being at all times wonderful.
reasoning logic
 
  1  
Reply Sun 24 Jun, 2012 08:56 am
@spendius,
Quote:
TV has been covered izzy.


Maybe he was meaning Dawkin's special broadcasting?

izzythepush
 
  1  
Reply Sun 24 Jun, 2012 11:58 am
@reasoning logic,
I would never mean anything that could be expressed by you posting one of your videos RL.
reasoning logic
 
  1  
Reply Sun 24 Jun, 2012 12:00 pm
@izzythepush,
Quote:
I would never mean anything that could be expressed by you posting one of your videos RL.


I tend to think that you may be correct on that one. Wink
izzythepush
 
  1  
Reply Sun 24 Jun, 2012 12:04 pm
@reasoning logic,
Couldn't you qualify that statement any more?
reasoning logic
 
  1  
Reply Sun 24 Jun, 2012 01:11 pm
@izzythepush,
Quote:
Couldn't you qualify that statement any more?


No because I did not see where it would be profitable to say something negative about you.
izzythepush
 
  1  
Reply Sun 24 Jun, 2012 03:29 pm
@reasoning logic,
One does not necessarily follow the other.
 

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