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: Jim McMannis who wrote (298745)	12/19/2010 1:35:16 PM
From: John Vosilla	Respond to of 306849

I think the compromise was a good thing if you want the country to go forward. They all must have been reading what Mish has been saying for years beside the obvious Keynesian economic policies. Deflation is the problem so print and debase to your heart's content Ben Bernanke and borrow as many trillions as you need Congress with no ramifications via high interest rates for years to come? And just exactly how are we going to grow our way out of this mess cause it surely ain't coming from housing this time? Our population growth internally is nill, the growth for four decades is mostly hispanic (after being only a blip on the screen back in the 1950's any way you want to calculate it) and few white Europeans even want to come to this country anymore even if they had the chance. I am all for sealing the borders, taking quotas back to where they were pre 1965 and making English the official language. But none of this will solve the major structural problems or give jobs to vets coming back home IMHO. But very low rates for an extended period, a quickly healing banking system, real economic innovation in those dread bastions of liberalism in the big cities and time will take care of everything IMHO. I would expect you to at least be light years ahead of folks like Palin though an uneducated hick whose life experience is small town America and is clueless to the complexities of not just our country but our relationship to the rest of the world...