Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

[Chris Coles]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

Ideologues who think the gubmint has to solve all our problems are too ridiculous to waste time on.

I had not gone on to watch the video until you made the above comment and I have to agree with jk. To my way of viewing what is going on, that is a very well presented argument against the idea of reducing taxation while reducing tax expenditure at the bottom of society.

[yernamehear]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

Trying to do the right thing? I don't think she has a very good grasp of biology, let alone plenty of other subjects.

[yernamehear]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

[QUOTE=jk;189971]as things get worse, formerly taboo utterances are being heard. e.g.
http://www.youtube.com/watch?v=bCPz2SzROFQ

definitely worth watching [even if only for the reactions of the hosts], not that what he says should surprise anyone around here, but he's saying things not usually said out loud in the msm. like, at 3:19, "both parties are financed by wealthy people." etc

============================
Sorry, this guy is an ignoramus. The hackery around the "rich run the country" is either complete ignorance or planned lies. Washington, Jefferson, et.al. were the Warren Buffets and Bill Gates of their day! This country has always been a plutocracy. Let's do a thought experiment. Do you want the rich people or the guy sleeping under the freeway running your government? Trust me, you want the rich running your country.

(Read the history of Andrew Jackson, the first populist president. He wasn't all good or all bad, as any real person. Until him, the country was perceived to be run by a small elite- otherwise known as the founding fathers. There was a lot of truth to that.)

Now, you don't want the rich bribing the government, as we have now. How do you prevent that? Elect rich people! This is exactly what turned around LA politics in the past 20 years. Louisiana finally got wealthy people into the governors mansion (Dem and Repub), and now the state is doing noticeably better.

Part of the problem has to do with the quote that iTulip had up for a long time about the depression almost being worth it to see how idiotic our smart people are. That happens every 30-50 years. We have developed such a specialized economy that the elite/rich have little real world skills, unlike 200 years ago. Do you think TurboTax Timmy or The Bernank could really run a bank? They can't even figure out how to buy and finance their own personal residences! (do a search on the subject). These guys are highly specialized technocrat/bureaucrat politicians. They'll try to ride out this storm with bureaucratic responses. I hope they get it mostly right, but their ilk certainly screwed it up in 2007-2008, didn't they.

Taxes are indeed probably too low, and spending too high. The numbers show it.

Ideologues who think the gubmint has to solve all our problems are too ridiculous to waste time on.

[Chris Coles]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

EJ says:

"The best economics-related books out there are the books you’ve never heard of, where they get lost in the heap of Glenn Beck type books. These books live outside the extremist framework of discussion that the FIRE Economy media creates so they get no national media attention, so you have to go look for them. The debate process is itself broken."

can you suggest some good economics books which we members should read......

My favourite is The Downwave by Robert Beckman. That book, published in the early 1980's, got me thinking about every aspect of what was wrong with the existing financial system and which mindset eventually brought me into contact with EJ and iTulip. http://www.amazon.co.uk/Downwave-Sur.../dp/0903852381

And, while it can be said I blow my own trumpet, try my free PDF e-book The Road Ahead from a Grass Roots Perspective, particularly chapters 2, 4, 5, and 6 - will set the scene for a revision of the rules for a true free market, free enterprise economy. http://www.chriscoles.com/page3.html

[harset]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

EJ says:

"The best economics-related books out there are the books you’ve never heard of, where they get lost in the heap of Glenn Beck type books. These books live outside the extremist framework of discussion that the FIRE Economy media creates so they get no national media attention, so you have to go look for them. The debate process is itself broken."

can you suggest some good economics books which we members should read......

[Chris Coles]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

Thank you for the clarification, swgprop.

That being said, I'll be willing to bet $1,000 that she didn't have this procedure at a Planned Parenthood "clinic".
And her situation has NOTHING to do with Planned Parenthood. And for her to say that it does, or in any way to insinuate
that it does, is classic spin-garbage.
This crap comes from the Left as readily as the advocacy for the American Empire (which also kills children) comes from the Right, although I say that this so-called "Right" - the NeoCons - have NOTHING to do with conservatism.

Planned Parenthood is the genetic offspring of Margaret Sanger, a cold-blooded racist and advocate of eugenics.
Congress might as well ask me to approve of my tax dollars going to the Klan.

If we are going to bring children into the discussion; try this from last weekend here in the UK.

Children's author and campaigner Michael Morpurgo gives the 35th Dimbleby Lecture.
http://www.bbc.co.uk/programmes/b006ptbl

[Bill_G]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

Agreed. Our failed political system can only respond to crises. It will take a collapse to institute real change.

[jk]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

Thank you for the clarification, swgprop.

That being said, I'll be willing to bet $1,000 that she didn't have this procedure at a Planned Parenthood "clinic".
And her situation has NOTHING to do with Planned Parenthood. And for her to say that it does, or in any way to insinuate
that it does, is classic spin-garbage.
This crap comes from the Left as readily as the advocacy for the American Empire (which also kills children) comes from the Right, although I say that this so-called "Right" - the NeoCons - have NOTHING to do with conservatism.

Planned Parenthood is the genetic offspring of Margaret Sanger, a cold-blooded racist and advocate of eugenics.
Congress might as well ask me to approve of my tax dollars going to the Klan.

guess it's ok for rich people. like a lot of things.

[Raz]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

Speier underwent a dilation and evacuation at 17 weeks into her pregnancy in her early 40s, while she was serving in the California Assembly in the 1990s, because medical difficulties made it impossible to continue the pregnancy. The procedure used was the same type that Smith's book described. As she listened, Speier said she became more emotional and made the decision to speak out. "This was a wanted pregnancy, it was the second miscarriage I had had...What they express doesn't come close to the experience that a woman goes through when she is losing a baby or when a pregnancy is terminated. It's a painful, gut-wrenching loss."

Thank you for the clarification, swgprop.

That being said, I'll be willing to bet $1,000 that she didn't have this procedure at a Planned Parenthood "clinic".
And her situation has NOTHING to do with Planned Parenthood. And for her to say that it does, or in any way to insinuate
that it does, is classic spin-garbage.
This crap comes from the Left as readily as the advocacy for the American Empire (which also kills children) comes from the Right, although I say that this so-called "Right" - the NeoCons - have NOTHING to do with conservatism.

Planned Parenthood is the genetic offspring of Margaret Sanger, a cold-blooded racist and advocate of eugenics.
Congress might as well ask me to approve of my tax dollars going to the Klan.

[swgprop]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

Well, I'm not certain just what "procedure" the Congresslady is referring to, but I can guess.

Speier underwent a dilation and evacuation at 17 weeks into her pregnancy in her early 40s, while she was serving in the California Assembly in the 1990s, because medical difficulties made it impossible to continue the pregnancy. The procedure used was the same type that Smith's book described. As she listened, Speier said she became more emotional and made the decision to speak out. "This was a wanted pregnancy, it was the second miscarriage I had had...What they express doesn't come close to the experience that a woman goes through when she is losing a baby or when a pregnancy is terminated. It's a painful, gut-wrenching loss."

[Raz]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

i'm tired of hearing this simple minded refrain. plenty of good folks in congress trying to do the right thing...



...but the system is broken. ej says if we don't fix the media reform is hopeless. truth.

Well, I'm not certain just what "procedure" the Congresslady is referring to, but I can guess.
She's not comfortable speaking in clear terms because she's (a) disingenuous, or (b) having some pangs of remorse for what she inflicted on her preborn child.
(And since, to my knowledge, it is IMPOSSIBLE for the baby to enter the cervix from the vagina, perhaps she misspoke.)

I truly hope there is a vendetta against Planned Parenthood. They are liars and mass-murderers.
And I don't want one damn penny of my tax dollars going to pay for abortion - no matter what the excuse.

[jk]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

why not have a debate about how to fix the problem.. that 'honest and intelligent people may enter politics, but they won't stay long or go far unless they go with the flow of corrupting influences'? oh, right... there's no national media outlet where that question can be debated.

as things get worse, formerly taboo utterances are being heard. e.g.
http://www.youtube.com/watch?v=bCPz2SzROFQ

definitely worth watching [even if only for the reactions of the hosts], not that what he says should surprise anyone around here, but he's saying things not usually said out loud in the msm. like, at 3:19, "both parties are financed by wealthy people." etc

as jesse wrote recently:

"The US resembles post Soviet Russia just prior to its currency collapse and the rise of the oligarchs who sought to monopolize productive assets which they bought with paper and financial manipulation. Communism died, and it ended in oligarchy. Democracy is dying, and it too will end in oligarchy, unless something is done to change the outcome."

my own conclusion is that things aren't bad enough. yet.

[metalman]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

i don't think it's "the media." our whole political "debate" is distorted, suborned by moneyed interests, and intellectually debased. the media reflects and embodies the political process [and the culture], not the other way around. honest and intelligent people may enter politics, but they won't stay long or go far unless they go with the flow of corrupting influences. consider, e.g., obama.

why not have a debate about how to fix the problem.. that 'honest and intelligent people may enter politics, but they won't stay long or go far unless they go with the flow of corrupting influences'? oh, right... there's no national media outlet where that question can be debated.

[jk]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

i'm tired of hearing this simple minded refrain. plenty of good folks in congress trying to do the right thing...


...but the system is broken. ej says if we don't fix the media reform is hopeless. truth.

i don't think it's "the media." our whole political "debate" is distorted, suborned by moneyed interests, and intellectually debased. the media reflects and embodies the political process [and the culture], not the other way around. honest and intelligent people may enter politics, but they won't stay long or go far unless they go with the flow of corrupting influences. consider, e.g., obama.

[metalman]

Re: Next Bubble or Last Hurrah? - Part I: Stocks and houses - Eric Janszen

edit- just came across this on a blog i follow:
...tax increases aren't on the table which, as Mr. DeLong notes requires a ballot box fix. In his words, "What is the solution to our long-run deficit problem? It is simply this: elect honorable and intelligent women and men to Congress."

On reflection he adds, " I guess our long run fiscal problem is really dire and insoluble."

i'm tired of hearing this simple minded refrain. plenty of good folks in congress trying to do the right thing...



...but the system is broken. ej says if we don't fix the media reform is hopeless. truth.