Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: NAG1 who wrote (105638)	3/7/2009 3:02:12 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 540836

<<<It is an impressively sized list.>>> What a phoney waste of time. I tried matching up the names of those that signed the petition against his list of the top 1000 economists. The great majority of those that signed the petition are not on the list of the alleged top 1000 economists. I am not going to waste any more time on it. What the list clearly demonstrates is that the alleged top ranked economists are not likely to sign that petition. I couold easily make the argument that more than 95% of the alleged top ranked economists are opposed to signing the petition.

To: NAG1 who wrote (105638)	3/8/2009 6:36:31 PM
From: greenspirit	Respond to of 540836

Neal, those are good points and well stated. I agree with the premise we should locate economists who have a better handle on what's going on (based on past predictions), and give them more of an opportunity to address the unique problems we're facing today. I also understand the need to do something. Reform cannot be postponed indefinitely, but taking the time necessary to plan regulatory restructuring would be time well spent. This is not a partisan issue; no one disputes that an overhaul is in order. But first, we need to understand clearly what went wrong and what needs correcting, before launching a multi-trillion dollar solution, generations of unborn Americans will be paying for. That's why I think a bi-partisan Commission is desperately needed. It's common sense for goodness sake. The financial system is far too complicated to jump-the-gun and spend, spend, spend, without first understanding what happened and what the extend of the fix will entail. We should be addressing the root causes of the financial meltdown, instead of using the event to pass every pet project Social Engineers and liberal Democrats have dreamed of for decades.