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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (263881)	7/25/2010 3:22:00 PM
From: Skeeter Bug	Respond to of 306849

it isn't more complicated. everything i've said is the truth. you mean the top economists that didn't even believe there was a bubble and didn't see the collapse coming? the top economist who called for a housing bubble? the top economists who hide the fact the fed has broken the federal reserve law for decades? the top economists that nixed brookesly born from regulating derivatives? those top economists? -lol- the "top economists" are paid for in full. many pretend debt isn't a big issue. how about reading william black - a top banking regulator. he doesn't get much press b/c he doesn't say what the financial dictators want him to say. how about elizabeth warren? what you need to understand is that debt that can't be served = financial slavery. that's the game being played here... the financial dictators are using their ability to create credit (money, for money is credit) from nothing and lay claim to real assets and society's future production FOREVER. the bankers and their phony economists are truly more dangerous top the republic than are standing armies. and the best con of all... is the one you don't know is being played on you - to the point that you actively support it while feeling fully informed! you will pay back this debt. your descendants will pay back this debt, iin blood, sweat and tears. why? b/c some billionaire bankers gambled and lost. what a deal? again, since you love this, you should offer to give everything you have or will produce to help offset this debt. but you won't - b/c you know that would be criminal of them to take all you have to pay off these gamblers' losses.

To: koan who wrote (263881)	7/25/2010 3:45:21 PM
From: pstuartb	Read Replies (1) \| Respond to of 306849

I read the top economists. The "top" economists do not all agree, obviously. You seem to believe the Keyensians. The Keyensians always get the top seats in the Treasury and the Fed because they promise they can correct problems. Politicians get elected because they convince people they can fix what's wrong, and the economists who say they can fix things get the top appointments. The government and the media keep pushing Keyensian dogma because it makes the government look like it's in control. The Austrians almost never get the top government jobs because they think government tinkering distorts markets, which invariably self-correct at some point. The more government tinkering, the harder the inevitable correction. What President would ever appoint an Austrian economist, who says, "we've been screwing up by compounding public and private debt for the last few decades, and the only real cure is to buckle up and try to survive the ride down while we clear excess debt out of the system through default and bankruptcy?" Lots of people in the Austrian school saw the 2008 debt implosion coming, but you can't say that about the "top" Keynesians, like Greenspan, or Bernanke or our Treasury heads.