Comments on: Larry Doyle’s Central Station

By: TeakwoodKite

TeakwoodKite — Sun, 22 Feb 2009 02:28:02 +0000

True, cynic.

By: lark

lark — Sun, 22 Feb 2009 01:07:26 +0000

I get it cynic.

By: cynic

cynic — Sun, 22 Feb 2009 00:04:06 +0000

Will fiscal conservatism ever return?

When was the last time we actually had it? Not just as the stuff of campaign speeches, but in actual practice? You'd probably call me a liberal, but I've been a practitioner of personal financial conservativism my entire life.

By: Andy

Andy — Sat, 21 Feb 2009 23:37:20 +0000

Thanks LD !

I don’t trust Soros either….

By: LD

LD — Sat, 21 Feb 2009 23:10:58 +0000

Soros is not bigger than the market itself but he has significant influence through multiple connections. I don’t think it becomes self fulfilling but again I don’t trust him.

By: Mary

Mary — Sat, 21 Feb 2009 22:22:46 +0000

Not to mention, of course, the dollar being devalued.

And international investment $$ moving away from the United States.

By: Mary

Mary — Sat, 21 Feb 2009 22:20:40 +0000

FYI: Brookings is estimating deficits over $1 trillion every year for the next 10 years.

Just the interest alone on all the trillion-dollar bailouts will cripple our children’s future; after a short rise in GDP, that debt will lower GDP long term.

Feds predicting no real recovery for 5-6 years.

Inflation a huge problem, down the road, and high interest rates as in the Carter years.

By: lizzy

lizzy — Sat, 21 Feb 2009 21:50:30 +0000

U. S. companies who benefit from subpoverty wages and no expenses to protect the environment must be high on the list of those who benefit. As are those who buy much cheaper products produced in China.

By: Gary McGowan

Gary McGowan — Sat, 21 Feb 2009 19:47:26 +0000

We must break the power of the banks and their lobbies. How do we do that?

http://www.truthout.org/021609J

http://www.larouchepac.com/news/2009/02/21/lpactv-fascists-vs-fdr-then-and-now.html

By: fiscalliberal

fiscalliberal — Sat, 21 Feb 2009 19:47:21 +0000

So – what church are you recommending???

By: lark

lark — Sat, 21 Feb 2009 19:21:08 +0000

What about global markets?

U.S. and China to develop closer ties

At who’s expense?

Who benefits from closer ties between U.S. and China?

Maybe those in government that admire the Chinese political system.

Everything has a price. It seems okay that Americans should pay for everything.

By: lark

lark — Sat, 21 Feb 2009 19:01:57 +0000

So as you can see in many of my posts above, there are ways of correcting the housing market, first without spending a single nickle, second in a way that would benefits everyone, everyone.

But no, we prefer to pass the bill to the unborn and to dream of socialism.

By: fiscalliberal

fiscalliberal — Sat, 21 Feb 2009 18:58:11 +0000

When we talk about political and economic instability, it is interesting to google GDP by country. Interestingly, the CIA has a pretty good site on that.

Probably, it might be said the dollar, euro and chineese RMB countries might be the most relevant to the stability.

However when we have sovereign funds and hedge funds like Soros playing games with shorting, that is just as big a factor.

A whole lot of factors there that need undestanding when one talks about stability

By: lark

lark — Sat, 21 Feb 2009 18:57:00 +0000

Maybe when people loose all their money, don’t you think? All of it.

By: TeakwoodKite

TeakwoodKite — Sat, 21 Feb 2009 18:38:25 +0000

My daughter just passed her driving test.
I told her now she will be learning to drive for the rest of her life.

She said that many people mind thier driving with an intructor in the car, but then drive like fools when on thier own.

Somewhat like the economy I think.