Comments on: How Can Rick Davis Project 2nd Qtr GDP at -1.5%? This is a MUST Read, Listen, Learn!!

By: No Quarter Radio’s Sense on Cents with Larry Doyle Welcomes Back Rick Davis of Consumer Metrics Institute, Tonight at 8pm ET : NO QUARTER

Sun, 02 May 2010 11:34:54 +0000

[...] Rick Davis of the Consumer Metrics Institute to the No Quarter Sense on Cents audience on March 27th. The positive response to my interview with Rick was overwhelming. At that point in time, I [...]

By: The Job Report Smoke Screen : NO QUARTER

The Job Report Smoke Screen : NO QUARTER — Fri, 02 Apr 2010 15:15:46 +0000

[...] again I encourage you to go back and listen to Larry Doyle’s interview of Richard Davis. Davis is reporting that current economic data (data that the Federal Government is not reporting) [...]

By: No Longer Banned in Beantown

No Longer Banned in Beantown — Tue, 30 Mar 2010 03:08:21 +0000

physicist’s are much better mathmaticians than economists. If you want to look at the real numbers, trust the physicist. If you want theory and policy the economist is your guy.

By: No Longer Banned in Beantown

No Longer Banned in Beantown — Tue, 30 Mar 2010 03:07:21 +0000

physicist’s are much better mathmatticians than economists. If you want to look at real numbers, trust the physicist. If you want theory and policy the economist is your guy.

By: sowsear

sowsear — Tue, 30 Mar 2010 01:52:05 +0000

spend our way out of the recession by wife #2 http://www.floppingaces.net/2010/03/29/my-two-wives-reader-post/

By: Diana L. C.

Diana L. C. — Mon, 29 Mar 2010 22:24:44 +0000

Larry,

Thanks for providing the audio link. I can never find the time when the program is aired as that is my busiest time of day. I guess I need to qualify my gratitude, though, because what I heard was not uplifting.

By: Guest

Guest — Mon, 29 Mar 2010 22:05:34 +0000

Not the best news for sure but, it was a great show and he was a great guest. Thanks for posting the recap for those folks who might not have had the time to listen in.

By: Jim S

Jim S — Mon, 29 Mar 2010 21:57:29 +0000

….In that run-on sentence of mine I left a lot of problems out, but I should really thank Larry Doyle. I use his commentary to compare with the “pump monkeys” and the “voices of doom.” Unfortunately, Larry seems to be saying much the same thing as the “voices of doom,” but in a more tactful way and with some shreds of optimism. We’re not quite at “sauve qui peut” and I hope we don’t get there…

By: Jim S

Jim S — Mon, 29 Mar 2010 21:54:14 +0000

…I’m not too surprised as this is in line with what I have read on other blogs, using other measures. When you have the combination of deficit spending gone mad, increasing taxes and other charges, high unemployment, “growth” that is fueled only by government spending and pulled forward demand programs (cash for clunkers and cash for appliances) plus maxed out consumer debt, dropping sales tax revenue, “extend and pretend” programs (TARP and HAMP) and a refusal to face the facts (or enforce the existing law) rife in Congress, the administration, the media and much of the public, it is hard to expect much else.

The solutions, of course, are very simple and very painful in the short term. Bring back Glass-Steagall, force the banks to have sufficient assets and declare them, force the regulating agences to do their jobs and prosecute a long list of “congress critters” Probably mostly Dems but certainly a number of Reps and their bankster friends. Ouch! But the alternatives are worse. I think we are in a Depression and we could dick around and create one worse that 1929-1940.