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Stocks closed out their best year in more than 15 on Tuesday [W:17]

Vern

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Wall St. ends best year since 1990s with moderate gains - Yahoo Finance

those of us with retirement accounts appreciate President Obama's policies of reducing the deficit while maintaining positive GDP. hey, does anybody else remember the days when a rising stock market was the only metric that mattered if we wanted to discuss a president funding terrorism or a president lying us into a war. the good ole days.
 
LOL !!

Another " Fannie and Freddie are money machines " thread.

How embarrassing VERN.

YOU would be in here championing one of the most economically destructive policies to date pushed out of the Obama adminitsration.

Those of you living off a retirement income, off of a income that's dependent on the market SHOULD be the ones most concerned with the FEDs perpetual QE and their inflating of asset prices based on a free money policy.

Because when the market " corrects", and people run for the hills as they try and unload trillions in over valued assets YOU and people like you will be affected the most, and not in a good way.

Hey what do you care right ? If millions of retirees get caught up in a sell off . So what right ? Obama is doing "good" today and "thats what counts" to old VERN.

Your love affair with a corrupted ideology actually has you in here bragging about QE, which has signifigantly hurt people who are actually living on a FIXED income as it shifts TRILLIONS in interest earned on savings and bonds from retirees bank accounts to the asset markets.

Yea those stock brokers and money market accounts need that money more than we do, right VERN ?

Hey, is that why QE was implemented VERN ? To make bankers and hedge fund managers rich by removing risk out of the markets ?

I thought it was implemented to free up credit......No ? Help the economy...No ?

When did it turn into a free money policy "free for all " for people who like to gamble in the Stock market ?

When did YOU support large market shifts that are solely driven by the FEDs Trillions in stimulus and NOTHING else ?

Don't tell me, you atttibute the DOWS record breaking numbers to our economic " recovery"....

LOL !!!
 
the rich get richer, the poor get poorer.
 
the rich get richer, the poor get poorer.

Exactly but hey, the OP's author is excited a he counts his devalued currency and fails to comprehend just how destructive QE has been to our economy.
 
Exactly but hey, the OP's author is excited a he counts his devalued currency and fails to comprehend just how destructive QE has been to our economy.

stocks are only a single indicator (and certainly not the most accurate) of the overall health of an economy. Just goes to show how undereducated we as a nation are when we judge economic performance solely by how the stock market does.
 
Reduced the deficit? He has not lowered spending at all (virtually) and has raised taxes. His 'deficit reduction' consists of him doing virtually nothing but wait for the tax receipts to return to pre-recession levels...which they would have no matter who was in power. If anything, the length of time it has taken for the recovery is extremely long and it is still nowhere complete.
Also, he pledged to cut the deficit in half in his first term...failed.

And the stock market is booming for two principle reasons, both of which has little to do with the POTUS (no matter who was in office): the normal rebound from a huge decline and (mainly) the Federal Reserve.
The Fed has indirectly pumped about 4 trillion dollars into the economy/stock markets PLUS they have kept interest rates near record levels for years...that is what has pumped the markets up SO high. And neither are directly under the POTUS's control.
When the economy can survive and grow without ANY QE's or artificially low interest rates...ONLY then will the economy be truly healthy...which is NOT now.

In fact, IMO, once the above crutches are removed, I believe the economy will collapse in a heap.
 
Reduced the deficit? He has not lowered spending at all (virtually) and has raised taxes. His 'deficit reduction' consists of him doing virtually nothing but wait for the tax receipts to return to pre-recession levels...which they would have no matter who was in power. If anything, the length of time it has taken for the recovery is extremely long and it is still nowhere complete.
Also, he pledged to cut the deficit in half in his first term...failed.
And the stock market is booming for two principle reasons, both of which has little to do with the POTUS (no matter who was in office): the normal rebound from a huge decline and (mainly) the Federal Reserve.
The Fed has indirectly pumped about 4 trillion dollars into the economy/stock markets PLUS they have kept interest rates near record levels for years...that is what has pumped the markets up SO high. And neither are directly under the POTUS's control.
When the economy can survive and grow without ANY QE's or artificially low interest rates...ONLY then will the economy be truly healthy...which is NOT now.
In fact, IMO, once the above crutches are removed, I believe the economy will collapse in a heap.

And there it is. the standard conservative "whine at the facts, predict a collapse" narrative. Where's that hyperinflation and collapse of the dollar cons promised? President Obama has reduced spending while maintaining positive growth. Who but al queda would complain about that? anyhoo DA, spending is measured as a function of GDP but that doesn't help your silly "whine at the facts, predict a collapse" narrative so you require spending be reduced on nominal basis. When you understand economics, come back and attempt to make a point.
 
And there it is. the standard conservative "whine at the facts, predict a collapse" narrative. Where's that hyperinflation and collapse of the dollar cons promised? President Obama has reduced spending while maintaining positive growth. Who but al queda would complain about that? anyhoo DA, spending is measured as a function of GDP but that doesn't help your silly "whine at the facts, predict a collapse" narrative so you require spending be reduced on nominal basis. When you understand economics, come back and attempt to make a point.

LOL !!!

Your'e so ridiculous VERN. The LACK of "inflation" is on it's own, is a glaring indication that QE was a massive failure as Trillions in liquidity sits idle.

I'm serious, the FED has designated the massive increase in liquidity since 2008, on their balance sheets as "excess" reserves because it's not making it out into the economy.

I think it's funny how your'e counting your money but are absolutely oblivious to the fact it's devaluing right before your eyes BECAUSE of QE.

Since QE drove yields into the dirt, investors had to move into riskier investments including commodities which has had the effect of a Commodities Boom.

From 2010 to 2011 alone, the S.P GSCI Agricultural Index of Crop Prices Doubled causing a increase in food prices, and that affectS EVERYONE, especially the poor VERN.

But of-course, the CPI doesn't weigh food and energy increases like they use to so, you can keep "bragging" about low inflation, as the effects of QE continue to damage our economy.

Lets' review VERN....

YOU started a thread bragging about a FED policy that hasn't had any measurable positive effect on our economy, that's drove yields into the dirt thereby forcing people that use to rely on safe fixed rate income from interest earned on bonds into more risky investments.

Your bragging about a FED policy that has ONE legitimate financial connection to the market. And that is, it's made safe investments very unattractive. The Stock market increases aren't tied into Substantial corporate growth by any substantial measure VERN.....it's all artificial.

Corporate and small Business investment as a share of GDP is at it's lowest level since 1947 VERN.

But that qualifies as a Presidential accomplishment ? Lol...


Your crediting this policy as a success, the same FED policy that's actually caused lending institutions to TIGHTEN up their lending because it's removed incentives in the form of the profit they can earn on interest. Why would a bank risk their Principle for nothing ?

Your'e bragging about a policy that's forced Large corporations to pump tens of millions of dollars of Capital into their under funded Pension funds because interest on the Ten Year Treasury has been pushed down under 3%.

You're' bragging about a Fed policy VERN, that's allowed Corporations to take advantage of cheaper interest expenses which they've turned into profit even when they still refuse to higher in any substantial amount.

Why would they hire VERN ? The economy with or without QE is still absolute crap and now Corporations and investors are going to start hedging against the effects of discontinuing QE.

Your bragging a bout a FED policy that's increased the FED's balance sheet to 3.75 TRILLION dollars, a record amount with assets that are artificially overvalued by the FED own purchases, and worthless MBS's bought from the Democrat protected Fannie Mae and Freddie Mac. The FED will need to sell all of that crap VERN when this is all over. Who's buying crap MBS's and overvalued assets in a down economy ? No one.

Your bragging about a FED policy that when it's stopped, will force a massive bond sell off and a corresponding interest rate increase. And QE will be stopped on the highly arbitrary FED metric of a " 7% unemployment rate", which of-course isn't an accurate indication of just how sick our economy is under this President.

When that happens we'll have the same desperately ill economy, but now with higher interest rates and a US Bonds that no one wants anymore. Countries have only been buying our crap currency to hedge against their overvalued currencies VERN.

In November of 2013, China announced that they were no longer going to purchase Foreign Exchange Reserves....Oooops.

Higher interest rates won't be offset by REAL growth because NOTHING has been done by the Democrats to address the REAL issues affecting our economy. There's nearly 40 Jobs bills sitting in the Senate from the House, but the Democrats, aside from their retarded Green energy Jobs scam and "Stimulus" haven't offered up any LEGITIMATE initiatives.


There is no REAL organic corporate growth to offset the effects of the FED's highly destructive QE. If they're hoarding NOW, what makes you think they're going to open the flood gates of investment when interest rate increases start making credit more expensive for millions of Americans ?

But your'e happy huh ? Because of a short term bump in a 401k or IRA that's entirely due to our Treasury creating assets out of thin air, so our FED can buy them in enough quantities to cause a Asset Bubble ? Lol......

Well, given your explanation on the Sub-prime Collapse that really doesn't surprise me.
 

Nobody can say so little with so many words like you Fenton. Make a clear straight forward point and back it up. Oh that's right, you can't.
 
Nobody can say so little with so many words like you Fenton. Make a clear straight forward point and back it up. Oh that's right, you can't.

LOL !!

Whats wrong ? Too many words for you ?

Honestly, you could at least try to rebut what I said, IF your'e capable that is.

I'll just assume that your generic nonsensical and irrelevant statement is a fair indication that you've been outclassed AGAIN, by a Conservative.

Here's a suggestion. Don't start threads about topics you know nothing about, and then, you wont have to worry about ME, or any other Conservative coming in and making you appear foolish.
 
LOL !!

Whats wrong ? Too many words for you ?

No fenton, it was too many words because you said nothing.

Honestly, you could at least try to rebut what I said, IF your'e capable that is.

fenton, I don't have to rebut what you don't back up. Its just like your " trillions of crap mortgages" delusion. You didn't back it up. Then you claimed you backed it up. And then you went back to pretending it was true. So I really don't waste too much time with " wah wah its true because I said its true wah wah" posters like yourself.



I'll just assume that your generic nonsensical and irrelevant statement is a fair indication that you've been outclassed AGAIN, by a Conservative.

that's funny from the "yawn" guy. make a point and back it up. oh that's right, you cant.


Here's a suggestion. Don't start threads about topics you know nothing about, and then, you wont have to worry about ME, or any other Conservative coming in and making you appear foolish.

fenton, what part of the "best year in 15 years for the stock market" don't I understand? Oh you wailed and flailed at it but guess what, its still the best year in 15 years for the stock market. Those of us with significant stock holdings and 401K's appreciate President Obama's policies of reducing the deficit while maintaining positive GDP.
 
No fenton, it was too many words because you said nothing.



fenton, I don't have to rebut what you don't back up. Its just like your " trillions of crap mortgages" delusion. You didn't back it up. Then you claimed you backed it up. And then you went back to pretending it was true. So I really don't waste too much time with " wah wah its true because I said its true wah wah" posters like yourself.





that's funny from the "yawn" guy. make a point and back it up. oh that's right, you cant.




fenton, what part of the "best year in 15 years for the stock market" don't I understand? Oh you wailed and flailed at it but guess what, its still the best year in 15 years for the stock market. Those of us with significant stock holdings and 401K's appreciate President Obama's policies of reducing the deficit while maintaining positive GDP.

First, only a hard core Obama-phile could attribute the Stock Markets highs to anything positive. Apparently all you see is a number, and refuse to do the foot work because that would take objectivity, integrity and intellectual honesty. The fact that the stock markets gains are all based on artificially inflated assets and the FED's policy of wiping out yields which leaves investors with one or two option, ( DOW or Commodities ) is just a irrelevant factoid to you apparently

You need a "Success" story to reinforce your corrupt ideology, even if it involves ignoring all qualifying context. You should THINK before you start these threads VERN.



Second, IF my words "said nothing" then respond point by point to my original post, IF YOU CAN.

Here, I'll make it easy for you VERN.



1) Your'e so ridiculous VERN. The LACK of "inflation" is on it's own, is a glaring indication that QE was a massive failure as Trillions in liquidity sits idle.
I'm serious, the FED has designated the massive increase in liquidity since 2008, on their balance sheets as "excess" reserves because it's not making it out into the economy.

2) I think it's funny how your'e counting your money but are absolutely oblivious to the fact it's devaluing right before your eyes BECAUSE of QE.

Since QE drove yields into the dirt, investors had to move into riskier investments including commodities which has had the effect of a Commodities Boom.

From 2010 to 2011 alone, the S.P GSCI Agricultural Index of Crop Prices Doubled causing a increase in food prices, and that affectS EVERYONE, especially the poor VERN.


Lets' review VERN....

3) YOU started a thread bragging about a FED policy that hasn't had any measurable positive effect on our economy, that's drove yields into the dirt thereby forcing people that use to rely on safe fixed rate income from interest earned on bonds into more risky investments.

4) Your bragging about a FED policy that has ONE legitimate financial connection to the market. And that is, it's made safe investments very unattractive. The Stock market increases aren't tied into Substantial corporate growth by any substantial measure VERN.....it's all artificial.

5) Corporate and small Business investment as a share of GDP is at it's lowest level since 1947 VERN.


6) Your crediting this policy as a success, the same FED policy that's actually caused lending institutions to TIGHTEN up their lending because it's removed incentives in the form of the profit they can earn on interest. Why would a bank risk their Principle for nothing ?

7) Your'e bragging about a policy that's forced Large corporations to pump tens of millions of dollars of Capital into their under funded Pension funds because interest on the Ten Year Treasury has been pushed down under 3%.

8) you're' bragging about a Fed policy VERN, that's allowed Corporations to take advantage of cheaper interest expenses which they've turned into profit even when they still refuse to higher in any substantial amount.

Why would they hire VERN ? The economy with or without QE is still absolute crap and now Corporations and investors are going to start hedging against the effects of discontinuing QE.


9) Your bragging a bout a FED policy that's increased the FED's balance sheet to 3.75 TRILLION dollars, a record amount with assets that are artificially overvalued by the FED own purchases, and worthless MBS's bought from the Democrat protected Fannie Mae and Freddie Mac. The FED will need to sell all of that crap VERN when this is all over. Who's buying crap MBS's and overvalued assets in a down economy ? No one.

10) Your bragging about a FED policy that when it's stopped, will force a massive bond sell off and a corresponding interest rate increase. And QE will be stopped on the highly arbitrary FED metric of a " 7% unemployment rate", which of-course isn't an accurate indication of just how sick our economy is under this President.

11) When that happens we'll have the same desperately ill economy, but now with higher interest rates and a US Bonds that no one wants anymore. Countries have only been buying our crap currency to hedge against their overvalued currencies VERN.

In November of 2013, China announced that they were no longer going to purchase Foreign Exchange Reserves....Oooops.


12) Higher interest rates won't be offset by REAL growth because NOTHING has been done by the Democrats to address the REAL issues affecting our economy. There's nearly 40 Jobs bills sitting in the Senate from the House, but the Democrats, aside from their retarded Green energy Jobs scam and "Stimulus" haven't offered up any LEGITIMATE initiatives.


13) There is no REAL organic corporate growth to offset the effects of the FED's highly destructive QE. If they're hoarding NOW, what makes you think they're going to open the flood gates of investment when interest rate increases start making credit more expensive for millions of Americans ?

So ? Go ahead, rebut each point and stop with your generic rhetoric.

I'l take any additional willful ignorance in reference to my points from you as your admittance that your'e in over your head.
 
Second, IF my words "said nothing" then respond point by point to my original post, IF YOU CAN.

I'll type it slower for you. You said nothing because you backed up nothing. I've proven in the past you've posted something you made up but you kept posting it. You've proven you don't care if something is true or not if it helps your delusional agenda. Make a point and back it up.
 
I'll type it slower for you. You said nothing because you backed up nothing. I've proven in the past you've posted something you made up but you kept posting it. You've proven you don't care if something is true or not if it helps your delusional agenda. Make a point and back it up.

You stated the following:

'those of us with retirement accounts appreciate President Obama's policies of reducing the deficit while maintaining positive GDP.'

Where is your proof of this statement? Where is your evidence that EVERY SINGLE person with a retirement account appreciates Obama's policies?
Remember, you typed 'those of us with retirement accounts'. Not 'some of us with retirement accounts'. That means you are including ALL those with retirement accounts.
So where is your link to unbiased, factual proof that ALL those with retirement accounts appreciate Obama's policies of reducing debt while maintaining positive GDP?

Where is your 'backup'?

If you cannot back it up, then according to you, you said 'nothing'.
 
You stated the following:

'those of us with retirement accounts appreciate President Obama's policies of reducing the deficit while maintaining positive GDP.'

Where is your proof of this statement? Where is your evidence that EVERY SINGLE person with a retirement account appreciates Obama's policies?
Remember, you typed 'those of us with retirement accounts'. Not 'some of us with retirement accounts'. That means you are including ALL those with retirement accounts.
So where is your link to unbiased, factual proof that ALL those with retirement accounts appreciate Obama's policies of reducing debt while maintaining positive GDP?

Where is your 'backup'?

If you cannot back it up, then according to you, you said 'nothing'.

DA, some of us posters are concerned for you mental health. You should speak to a professional about your emotional need to respond to my posts when you have nothing to say.
 
Re: Stocks closed out their best year in more than 15 on Tuesday

DA, some of us posters are concerned for you mental health. You should speak to a professional about your emotional need to respond to my posts when you have nothing to say.

So, you cannot/will not backup what you said.

Then by your own criteria - as stated above - you have said 'nothing' on the subject.

Your words...'You said nothing because you backed up nothing'.

So noted.


Ciao.
 
Moderator's Warning:
There's a topic here and it's not each other. Focus on the topic only please and stop with the personal comments directed at each other.
 
I'll type it slower for you. You said nothing because you backed up nothing. I've proven in the past you've posted something you made up but you kept posting it. You've proven you don't care if something is true or not if it helps your delusional agenda. Make a point and back it up.


Run away Bush blamer. You still refuse to address ANY specific point I've made thus far.

I suspect it's because you can't.
 
Reduced the deficit? He has not lowered spending at all (virtually) and has raised taxes. His 'deficit reduction' consists of him doing virtually nothing but wait for the tax receipts to return to pre-recession levels...which they would have no matter who was in power. If anything, the length of time it has taken for the recovery is extremely long and it is still nowhere complete.

Also, he pledged to cut the deficit in half in his first term...failed.
The 2009 deficit was already project to be $1.3 trillion before Obama was President (It ended up being $1.4 trillion.) The 2013 deficit is $680 trillion. That is half the 2009 deficit. Thus, it's a fulfilled promise.

131030164021-fiscal-year-deficits-620xa.png

Source: CNN Money

On your assertion that President Obama didn't cut spending, below is a graph of spending during the Bush Presidency and the Obama Presidency. Anyone who thinks Obama didn't cut spending is fooling themselves. I would argue that there shouldn't have been spending any cuts during a weak economy is why the economy is slow to fully recover. Thus, conservatives argue to reduce spending, which keeps the economy weak.

fredgraph.png


And the stock market is booming for two principle reasons, both of which has little to do with the POTUS (no matter who was in office): the normal rebound from a huge decline and (mainly) the Federal Reserve.
The Fed has indirectly pumped about 4 trillion dollars into the economy/stock markets PLUS they have kept interest rates near record levels for years...that is what has pumped the markets up SO high. And neither are directly under the POTUS's control.
When the economy can survive and grow without ANY QE's or artificially low interest rates...ONLY then will the economy be truly healthy...which is NOT now.

In fact, IMO, once the above crutches are removed, I believe the economy will collapse in a heap.
We have a weak economy with low inflation. That's exactly when rates should be low. The argument that QE fed a speculative stock bubble, as investors search for yield that 'aren't real,' is not unique to QE. It's true for cheap money in general. That could be used as an argument to raise short-term rates despite a weak economy and low inflation. In fact, that’s exactly what has been happening in Sweden, where fear of bubbles has been used to justify monetary tightening that makes no sense at all in terms of either an unemployment or an inflation target.
 
Run away Bush blamer. You still refuse to address ANY specific point I've made thus far.

I suspect it's because you can't.

Oh fenton, you post any delusion that pops into your head and you think its my job to disprove it. No silly, this is a debate forum. You need to back up your points. Hey tell us again that Japan is going bankrupt. That's pretty funny but its also sad.
 
Oh fenton, you post any delusion that pops into your head and you think its my job to disprove it. No silly, this is a debate forum. You need to back up your points. Hey tell us again that Japan is going bankrupt. That's pretty funny but its also sad.

Yaaaay !! It's time to celebrate. Obama and his Progressive Economic policies are responsible for the Stock Markets new record breaking numbers.....:lamo:lamo


Not so much.

But to get you to stop repeating yourself, ( you can use that time to go and start another embarrassing thread ) I'll go ahead and make a prediction concerning Japan's entry into whats essentially the ultimate Keynesian wet dream.

You know, "Abenomics". Japan's effort to fight deflation and decrease the value of their currency as the Government injects massive stimulus into the ecomy.

I predict it will fail. And here' why. The first reason is that Paul Krugman thinks it's a good idea, of-course he would. According to him we're one Alien Invasion from economy fully recovered.

Second, Japan' debt is so massive, ( 13 Trillion ) that if interest rates climb just 1 % the Japanese Government will have to spend a quarter of it's annual income ( It's annual income is 500 Billion ) on servicing it's debt.

Third, Part of Abenomics is to devalue their YEN, which is supposed increases it's exports ( it hasn't yet in any substantial ) amount, but that also means imports cost more. Japan has to import around 84 % of it's energy requirements and since Fukishima there has been strong public support to shut down existing Nuclear plants.

The rising cost of energy and a falling YEN puts all of the financial pressure on Japans largest holder of debt, it' citizens. They're shouldering the increased cost for jut about everything,

Fourth, Japans Consumers in Countries like America are struggling with their own economic issues. Like millions of easily manipulated voters buying into a bunch of empty platitudes and electing a Jr Senator with NO qualifications there by giving the Democrat party the freedom it needed to crush an already weak economy.

Right after the collapse of the Democrat mandated Sub-Prime Bubble the Democrats focused on passing a law that would increase health insurance premiums on Millions of Middle Class Americans and not by just a little VERN. It's basically a massive new TAX on people who are already struggling to make ends meet.

And that's kicking in right about now, along with really stupid new taxes like a 60% increase on Capital Gains and a increase on dividends.

Real smart Libs, remove Middle Class Americans purchasing power and then blame the failing economy on Bush....:lamo

Well that just means Americans have even LESS disposable income to buy those cool Japanese toys and what not.

So eventually investors will lose confidence in Japans ability to pay it's debts and that will lead to Japans bond market crashing right along with its currency. Capital will start to leave and go search for safer investments and there you have it.

Another Keynesian inspired disaster.

Now you can stop repeating yourself.
 
So you admit you claimed Japan will go bankrupt. Can you make up your mind?
 
Yaaaay !! It's time to celebrate. Obama and his Progressive Economic policies are responsible for the Stock Markets new record breaking numbers.....:lamo:lamo


Not so much.

But to get you to stop repeating yourself, ( you can use that time to go and start another embarrassing thread ) I'll go ahead and make a prediction concerning Japan's entry into whats essentially the ultimate Keynesian wet dream.

You know, "Abenomics". Japan's effort to fight deflation and decrease the value of their currency as the Government injects massive stimulus into the ecomy.

I predict it will fail. And here' why. The first reason is that Paul Krugman thinks it's a good idea, of-course he would. According to him we're one Alien Invasion from economy fully recovered.

Second, Japan' debt is so massive, ( 13 Trillion ) that if interest rates climb just 1 % the Japanese Government will have to spend a quarter of it's annual income ( It's annual income is 500 Billion ) on servicing it's debt.

Third, Part of Abenomics is to devalue their YEN, which is supposed increases it's exports ( it hasn't yet in any substantial ) amount, but that also means imports cost more. Japan has to import around 84 % of it's energy requirements and since Fukishima there has been strong public support to shut down existing Nuclear plants.

The rising cost of energy and a falling YEN puts all of the financial pressure on Japans largest holder of debt, it' citizens. They're shouldering the increased cost for jut about everything,

Fourth, Japans Consumers in Countries like America are struggling with their own economic issues. Like millions of easily manipulated voters buying into a bunch of empty platitudes and electing a Jr Senator with NO qualifications there by giving the Democrat party the freedom it needed to crush an already weak economy.

Right after the collapse of the Democrat mandated Sub-Prime Bubble the Democrats focused on passing a law that would increase health insurance premiums on Millions of Middle Class Americans and not by just a little VERN. It's basically a massive new TAX on people who are already struggling to make ends meet.

And that's kicking in right about now, along with really stupid new taxes like a 60% increase on Capital Gains and a increase on dividends.

Real smart Libs, remove Middle Class Americans purchasing power and then blame the failing economy on Bush....:lamo

Well that just means Americans have even LESS disposable income to buy those cool Japanese toys and what not.

So eventually investors will lose confidence in Japans ability to pay it's debts and that will lead to Japans bond market crashing right along with its currency. Capital will start to leave and go search for safer investments and there you have it.

Another Keynesian inspired disaster.

Now you can stop repeating yourself.
I just must laugh at your posts that ignore reality. You deride Keynesian economics, that even Milton Friedman believed in, and has been correct during the whole crisis. Then, you marginalize Paul Krugman who got it right, as Business Insider published:
It's Official: Paul Krugman Is Right - Business Insider

In the meantime, your side has predicted hyperinflation, high interest rates, money crowding out and dollar debasement for six years, none of which has materialized. One would think that if your theory fails the reality test you'd re-think your theory. Nah, who am I kidding? When I learn new things, I change my views. What do you do? Stick with the ideology based theory.

On Abeanomics, this is what Krugman has to say:

...
Abenomics, which has successfully, at least for now, convinced investors that the Bank of Japan has changed its spots and will keep the pedal to the metal for a long time even after moderate inflation sets in.

And think about it: what Abenomics is trying to do, although it’s not stated that way, is reduce investor confidence in Japanese bonds — it’s trying to convince buyers of JGBs that the value of those bonds will in fact be eroded by inflation, not swelled by deflation. So far, it has succeeded.
...
So Japan has, in effect, engineered the very kind of loss in confidence that politicians in the US and the UK warn, in dire terms, will be our doom unless we cut social programs. And it has been an unambiguous good thing for the Japanese economy.
...
 
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I just must laugh at your posts that ignore reality. You deride Keynesian economics, that even Milton Friedman believed in, and has been correct during the whole crisis. Then, you marginalize Paul Krugman who got it right, as Business Insider published:
It's Official: Paul Krugman Is Right - Business Insider

In the meantime, your side has predicted hyperinflation, high interest rates, money crowding out and dollar debasement for six years, none of which has materialized. One would think that if your theory fails the reality test you'd re-think your theory. Nah, who am I kidding? When I learn new things, I change my views. What do you do? Stick with the ideology based theory.

On Abeanomics, this is what Krugman has to say:

Yes, Krugman is a partisan lunatic, that's a fact.

For example, the side effect of India's collapsing Currency that was initiated by Bernake's trial balloon to dial back QE.

Krugman blamed that on " banking de-regulation ". Yep, he blamed it on banks trading securities. Can you believe it ? He touched on QE but then went on to say that the FED was only doing their job. His primary blame was a warmed over left wing talking point that made not a bit of sense.

The Problem for Krugman is part of India's delegation explicitly asked Bernake at the Jackson Hole comfab to NOT drop hints of discontinued QE because it just caused a 1 Trillion dollar run on their stocks.

And please tell me where I said we were heading for "hyperinflation". Your commenting to a individual, not a "side".

Still, you gotta love libs bragging about low inflation, when that very indicator is one of the best indicators of your Presidents and your ideologies failure.

Low inflation after Trillions in new debt, and Trillions pumped into the asset markets is a glaring example of the failure of the Keynesian solution. It means all of that liquidity is stagnant, not moving into the economy and that's the fault of "your side"

Interest rates got down to levels that were almost nonexistent and it didn't stimulate anything but the pockets of the very rich.

We did try to warn you people. Of course massive arbitrary injections of borrowed money won't work, and neither will artificially inflating assets via debt monetization.

Neither addresses the REAL reasons for our continued economic struggles and Krugman wants more. I'm waiting for the day Liberals just throw in the towel and admit that they never had any idea of what the hell they were doing, but then again, Liberals lack humility.

Obama and the Democrats would take this Country into utter economic chaos before admitting their policies are a disaster. Hell, look at Detroit.
 
A few points to the original post.

1. Not everyone with a retirement account is going to happy, especially if they have bonds or bond funds.

2. The Stock market is not a good measure of the economy. Either up or down. The stock market has been hitting record highs and yet unemployment still remains high and we are still having to extend unemployment benefits.
If anything, posts like the OP underscore the problem with ideology and the economy. On the "conservative" side there is the disconnect between "the economy is doing really bad"... and "why won't these lazy folks just go to work"...

The "Liberal" side is just as disconnected. "look how great the economy is doing with Obama".. and the next " we need to continue unemployment benefits"...

Just ask any self proclaimed liberal " if the economy is doing so well and Obama is doing such a great job, why can't we stop extending unemployment benefits and get rid of things like the earned income credit and child credits and reduce welfare spending?" Then sit back and watch the floundering.

3. Like it or not Fenton does bring up good points about quantitative easing and its long term effect. The economy is not that strong if the Fed has to continue buy up private sector assets to increase the flow of money into the economy.
 
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