Hello CB, <<I realize that there's no way to stop you from misrepresenting what I said, and say, so there's no point in doing more than pointing out that you, in fact, constantly misrepresent what I said, and say>>
Let us start from the beginning, slowly, one step at a time, and enjoy the process of rediscovery, because the journey will be fun fun fun:
<<Never said debt doesn't matter>>
siliconinvestor.com January 24th, 2003
<<Joe 6 Pack's debt to disposable income ratio wasn't out of whack with other periods, in particular 1990-1991, which was, if you recall, a recession. If we've been doing it for decades without being much the worse for it, it may be a problem but we are able to deal with it>>
Message 16163825 August 2nd, 2001
>>The FED created moral hazard has instilled no discipline on the market place<<
Ugh. Et tu, Jay?
Message 16697856 November 24th, 2001 Jay wrote, >>the well of funding has been poisoned, and the electrical system has a mishmash aggregate of incompatible sub-systems, juiced by the FED, with the charges building up in faulty capacitors, ready to go kaboom at some triggering perturbation(s).<<
… and you responded …
<<So if you think the monetary system is rickety now - well, it's never been more stable>>
Message 18318640 Sept 12th, 2002
<<Wonder who came up with the brilliant idea of nominating Ben Bernanke to the Fed? Makes me almost giddy with glee. Not quite as good as, say, nominating Friedman would have been in 1930, but sort of in the same ballpark>>
<<Never said home values wouldn't drop … Never said the stock market wouldn't fluctuate … Never said the stock market wouldn't fluctuat>>
Message 19996447 June 4th 2004
Deficits are mere blips.
"Imploding home equity"? Oh, LOL! My own home equity has quadrupled in the last five years. Actually quintupled but I couldn't resist cashing out a tidge to pay off old loans. Is that a bubble? I suppose it could be but I can resist the siren song. I pay cash or do without.
Equities decline? In what country? Not here, not now, not for the foreseeable future -- unless you have a short time frame for your perspective. Which, as I already posted, I think you do. Submitting to Beijing is enough to give anyone heartburn.
Jeez, Louise, Jay. We're almost as rich as Croesus here, and rolling in lovely lolly and lots of well-made, unbelieveably inexpensive consumer goods, courtesy China (thank-you-very-much).
People here are richer than we've been in my entire lifetime (closing in on 52 years and counting). It's fabulous. Wheee! I am so frickin' rich I can't believe it.
The funny thing is that I think you won't believe me. Which is fine. More fun for me. ;^)>>
<<Never said gold wouldn't go up …
Never said Putin's soul was Bush friendly>>
Message 16676570 November 18th 2001
<<Who could have predicted Putin and Bush with their arms around each other's shoulders? Well, actually, I did predict earlier that Russia would be better off in a Western alliance>>
<<Who could have predicted gold at only $275 despite global turmoil? Well, actually, I predicted that gold would not be a great investment because catastrophe was not going to materialize>>
<<Who could have predicted that the stock market would be back to pre-911 levels? Well, actually I predicted that gearing up for war and various stimuli would keep the economy, and the market from cratering>>
<<Who could have predicted cheap oil, cheap gas, and cheap natural gas? Well, actually I … >>
<<Those would be silly, even ignorant things to say, and I've never said them>>
… dunno, I will let you be the judge of your own words.
<<Never said Bush was wise>>
So, you voted for him because he was foolish? |
