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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (124413)10/19/2012 5:32:15 PM
From: John Vosilla3 Recommendations  Read Replies (1) | Respond to of 149317
 
So we've had a commercial RE bubble and two housing bubbles under the GOP plus one internet bubble under the Dems the past 30 years. The military industrial complex bubble went out of control under the GOP. Interest rates have been coming down the entire time so yes one day the bond bubble will pop. Intervention by the fed every time since the 1987 crash..

So in the new world order of a Romney administration we fire Bernanke, stop printing money, double down on GWB administration of deregulate everything, trickle down economics and the MIC/war effort. That is a far cry from the Clinton era policies the only time everything really came together. IMHO we need to gut the MIC, diverting capital to the real economy, jobs and infrastructure here at home via public/private partnerships/tax credit incentives taking advantage of these record low rate, grow from the middle out not top down taking line item expenditures as a percentage of GDP back to what it was Clinton's final year as a template to start with. . As to Bernanke if we can't stimulate the economy at these low rates obviously we have a much bigger problem namely the end of the super credit cycle in 2007 and continued deleveraging from all the excesses all of which take time. Oh and did I mention record wealth disparity, globalization and technology, offshoring at the expense of American workers in total the structural problems Romney and his kind have played for personal profit and power the entire time. And last but not least with time credit scores of tens of millions of Americans fooled by the Bush era housing bubble will see there credit scores rise in conjunction with easing credit conditions for those in roughly the 580-720 credit score range another multiplier effect quite massive in scale but again this takes time at least seven years from the trough.. Don't worry one day it will all come together regardless of our politicians..