Previous 11 - 20 Next
In response to:

Fed’s Credibility at Stake

David4 Wrote: Dec 16, 2014 11:12 AM
The signs of mal-investment tell us that interest rates are too low. Several other things, like the government's budget are wrong too. Higher interest rates will punish mal-investment. Fixing mal-investment is always accompanied by disruption. Often with a recession. Fixing mal-investment is GOOD. TBD is what the Fed does when the economic disruption/recession is hitting us right between the eyes. ...
In response to:

Draghi About to Quit ECB?

David4 Wrote: Dec 15, 2014 11:24 AM
Mish wrote "Global trade would then collapse amidst competitive currency debasement." I question that statement. Has that happened in the past? What is the logical framework that that would happen? OTOH, global trade would be expected to collapse IF competitive currency debasement were accompanied by tariff and non-tariff trade barriers.
In response to:

Need a Winner for 2016

David4 Wrote: Dec 15, 2014 11:09 AM
Once a loser, always a loser, like William Henry Harrison (Whig). Like Thomas Dewey and Richard Nixon (Republicans). Like Andrew Jackson, Grover Cleveland and more people than I can name (Democrats).
In response to:

Bush 41, A Man of Character?

David4 Wrote: Dec 14, 2014 7:16 PM
The article states "otherwise he would have had to cut spending." -- That's what he is/was supposed to do! -- I would have liked to have seen what spending would have been on the plate.
As a left-handed example of French film subsidies of crappy value, the French produced, and watched, Jerry Lewis films long after the rest of us stopped.
In response to:

What's Rule of Law?

David4 Wrote: Dec 11, 2014 7:23 PM
I agree with the last sentence, "The supreme tragedy is Americans do not want rule of law.", but stating it will not persuade many readers. You will need another page of text that shows that Americans don't want the rule of law.
I would have liked the second half of the article more if John and we could say that "American consumers decreased demand for oil." Our supplies would last a lot longer if we did, and we DO have many wasteful things that we COULD stop doing.
"or they will look for another way to produce the energy." The Greens could applaud that statement. They would like it if we could not obtain or depend on fossil fuels, and got busy on the problem of using less and using something else. ...
In response to:

Spain Begs for more Bailout Money

David4 Wrote: Dec 11, 2014 10:37 AM
*) Investors ought to look at this with the same eyes that they would look at no-guaranteed payback investment projects. The 'guarantee' from the ECB is tissue thin. *) Spain had better wake up and realize that there really isn't any ECB money there, and that they will have to make an investment pitch to the hard-eyed money men.
In response to:

Temper Tantrum in Greece

David4 Wrote: Dec 10, 2014 12:17 PM
The words about a "market hissy fit" were a waste of words in the article, and the actual hissy fit was a waste of market action. More useful would have been discussion/action on the possibles and likelihoods going forward in Greece, both what should happen and what appears likely to happen. -- In my opinion, what should happen is that Greece defaults on its debt and its creditors eat their loss without seeking to compel payment. But, since Greece's credit record is so poor, its ability to borrow any MORE money would be impaired. Consider the likelihood that Greece will "sell itself" to the Russians for money. What will that do to NATO? -- In the more immediate timeframe, consider that PM Samaris might instruct his coalition, in the 3rd vote, to vote for SYRIZA's candidate for President. That would take care of the Presidential issue without obligating him to call new elections for Parliament. -- In any case, Greece deserves a SYRIZA government and all that left wing hooey, and both Greece and Europe deserve the consequences.
In response to:

Obama Giveth, Obama Gets Crushed

David4 Wrote: Dec 07, 2014 8:14 PM
John Ransom's exchange with DoctorRoy brings up a question: Were John's father and grandfather Wall Street bankers, or did they work locally?
Previous 11 - 20 Next