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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (654347)	5/9/2012 7:11:11 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1578935

Ted, Inflation is a long way down the road. Let's worry about it when we get close. I worry about it because it is PRECISELY what Krugman and his followers want. He even argues in some of his papers that the spectre of inflation SHOULD be raised in order to jump-start economies out of liquidity traps. With the socialists taking control of Europe (as if Europe isn't already controlled by the left), we're going to see what happens when public policy actively tries to boost nominal GDP. Bad things will happen. It has before, it will again. Look at the 1970's. Tenchusatsu

To: tejek who wrote (654347)	5/9/2012 7:35:30 PM
From: Jim McMannis	2 Recommendations Respond to of 1578935

More on Detroit.... SEC charges ex-Detroit mayor Kwame Kilpatrick in investment scheme news.yahoo.com The Security and Exchange Commission today charged the former mayor of Detroit Kwame Kilpatrick with secretly exchanging lavish gifts to peddle his influence over the investment process of the city's pension funds. The SEC also charged Jeffrey W. Beasley, the former city treasurer and investment adviser to the pension funds along with Kilpatrick. The complaint alleges Kilpatrick and Beasley, who were trustees of the pension funds, solicited and received $125,000 worth of private jet travel and other perks paid for by MayfieldGentry Realty Advisors LLC, an investment adviser whose CEO, Chauncey Mayfield, was recommending to the trustees that the pension funds invest approximately $117 million in a real estate investment trust controlled by the firm.