I’m not the expert to be answering that question, but the one thing I do know is, in my lifetime here in the United States I have never seen or heard the absolute loss of hope in the American people’s eyes.
I’m no Spring Chicken!
I can’t put my finger on it, but whatever the message the Democrats and Obama Adminstration has sent to American Buisness it didn’t work, and it scared the hell out of them, and they aren’t moving a finger until these people are out.
I actually would have gotten behind Obama and the Democrats, especially back after we were debateing the use of the Stimulus on Green Infrastructure, but that hope went out the window early in the Socialist Advance.
There is something in our Manufacturing Capability and our Trade Policy that needs to be fixed…Where the hell is Movie Guy…He was always the one that had the goods on this type of stuff. Movie Guy….Where are you?
CoRev
July 2, 2010 6:58 pm
Jimi, we have heard for eight years how Dem ideas were so much better than those put forward by (sshhh, quiet, Bush.) But we see, just how far off and bad those ideas were/are.
The jobs can only come from the private sector. The private sector will not respond until the attacks stop and the tax and regulation environments stabilize. That’s an easy thing to physically change, but as Spencer indicated, he could not accept those changes. And, that’s the sad part.
coberly
July 2, 2010 7:56 pm
jimi, corev
i am more than a bit pessimistic myself.
but it is beyond tedious to listen to you blame this on Obama… and I am no fan of Obama myself.
Did you forget about the bank crash on JUnior’s watch?
Do you think the “deregulation” policies of both parties had nothing to do with that?
Jobs ultimately will have to come from the private sector, but a good way to make that happen is to give out of work people jobs in the public sector. They will spend money and the private sector wil see some reason to invest. Currently they are afraid to invest because there are no jobs, no money. And that started when the banks crapped out and became afraid to lend because they suddenly realized they didn’t know a damn thing about honest banking.
So far, I don’t think Obama has moved a dimes worth of difference away from Bush policy.
As for our Manufacturing Capability and our Trade Policy, why don’t you call up the “Free Trade Uber Alles” fundamentalists and ask them what happens to free trade when what we have to sell to the rest of the world is jobs?
Jimi
July 2, 2010 8:40 pm
Coberly,
“give out of work people jobs in the public sector”
Maybe it’s to protect myself from myself? How many jobs does a government need? How in the hell are all these poeple creating wealth?
If the Democrats go full retard [never go full retard] on us here, and have no plan except Socialism…………..then fine……..but for christ sake…….spit it out so that those of us who can avoid the misery can start planning to do so.
If it is not the responsiblity of Obama and the Democrats to create some results, then who’s is it?
Basically what your saying is, A Republican got us here, which prevents us from actually doing anything, because we didn’t have a absolutely clean slate perfect situation for “The One,” therefore you can’t judge us on our results only our intentions.
And if a Republican attempted this circular logic, you guys would be calling for his head!
jazzbumpa
July 2, 2010 10:16 pm
Well, Jimi, you’re making no sense.
If O’s plan were socialism don’t you think by now we’d have seen some actual SOCIALISM?
Basically what your saying is, A Republican got us here, which prevents us from actually doing anything, because we didn’t have a absolutely clean slate perfect situation.
Nobody said anything even remotely similar to that. Please be a little more careful and/or honest in your discourse.
Nothing can get done because of the obstructionist Repugs who will threaten to filibuster anything O proposes, and blue dog Dems who are Repugs on the wrong side of the aisle.
And O is a right of center moderate, not a for-god’s-sake socialist.
thanks, but right of center these days would make Ike shake his head. He said the people who are against Social Security “are few and they are stupid.” There is nothing moderate about yo bama except that he likes to be in the middle.
Unfortunately I see neither party addressing the issue Jimi.
Rdan
July 3, 2010 8:25 am
Poor Ike…I guess only the older boomers actually remember seeing him speak.
coberly
July 3, 2010 8:41 am
jimi
you are indeed making no sense. you have a head full of clever sounding catch phrases that are not in fact true. the government creates wealth in the same way that having a throttle on your car helps it get down the street without blowing itself up.
but if that is too hard for you to understand, think about the moon program. hardly created wealth did it. except for all the engineers it gave jobs, and all the things they invented that gave the private sector something to invest in.
or maybe you are too young to know about the G.i. Bill that sent all those ex soldiers to college and made them rather more productive than they had been waiting for Rockefeller to give them a job.
And Bush didn’t get us here without a lot of help. Including from Clinton. there, now do you feel better?
coberly
July 3, 2010 9:50 am
jimi
please look at your own logic.
corev began by saying it was all obamas fault.
i replied, no, look at bush.
you then said i was saying it was all bush’s fault.
no.
you are the one being circular
and i’m not sure what we’d do with your head if you had one.
CoRev
July 3, 2010 10:49 am
Dale, that’s about enough of your silliness. Since I have only had one comment on this thread it should be easy to find the back up to your claim of what I said: “please look at your own logic.
corev began by saying it was all obamas fault. “
I’ll just sit by the side here awaiting, quite breathlessly, your quick search for the support for that claim.
If you think Jimi is being circular, then what are you?
coberly
July 3, 2010 1:18 pm
CoRev
I can’t account for what passes for logic in your mind. I read your comment as saying it was all the dems fault:
“Jimi, we have heard for eight years how Dem ideas were so much better than those put forward by (sshhh, quiet, Bush.) But we see, just how far off and bad those ideas were/are.
The jobs can only come from the private sector. The private sector will not respond until the attacks stop and the tax and regulation environments stabilize”
Whereas I don’t think I said anything circular at all. I merely said it is damn tedious listening to your say it was all the dems fault when i could point to something pretty big that happened six years into W’s reign. And I was careful to mention he had help from some Big Dog dems.
CoRev
July 3, 2010 3:07 pm
Dale, how embarrased must you be. You went further into my comment to say this: “I read your comment as saying it was all the dems fault: …” But in reality what you are saying you: “I read (INTO) your comment as saying it was all the dems fault:…”
Reading comprehension is your friend. Dale, do not bother to respond. Anything you say will only confirm your inability to comprehend simple english.
coberly
July 3, 2010 3:46 pm
CoRev
you are right that it is a waste of time to respond. communication requires an honest effort by two competent communicators. it looks like we have no more than one of those.
coberly
July 3, 2010 3:54 pm
corev
sorry, i do not have my magic decoder ring. if you can explain to anybody what you “really” meant, and they can explain to me how anybody knows anything without “reading into” ANY communication, you will win your game.
if that doesn’t happen, maybe you and jimi could exchange numbers and talk to each other sharing secret secrets only you two in the whole world really understand. except of course for Rush in Heaven.
Oh good grief…there is plenty of coverage on all our politicos and their sexual conduct, none of which has been covered here in relation to policies associated with them.
sammy
July 3, 2010 5:46 pm
Mat 7:15 Beware of false prophets, which come to you in sheep’s clothing, but inwardly they are ravening wolves.
Lyle
July 3, 2010 7:39 pm
Did anyone see the testimony of the Chief Risk officer and Ex CEO of AIG? They did not know about the possiblity of a collateral call until fall 2007?? What were they doing with their time. Obvously they don’t believe in Murphys law. Believing that Murphy expresses the view correct view of the universe. I would want a report on all contingincies that could befall a company. Then I would ask that they be hedged down. Clearly the folks in AIGFP where doing their own thing, and not telling the bosses what they were doing. Then the issues with the securities loan program and doubling down on subprime, when the FP folks decided it was to risky. Is the model of independent business units flawed. (We see the same thing at Goldman, one unit is pushing things and another is shorting it) Obviously the current structure of companies results in all companies speaking with forked tounges. As a result a new manta should evolve, trust no financial services company they are all crooks and liars!! Paranoia on financial matters is the only valid policy because they are all out to get you.
coberly
July 3, 2010 7:46 pm
Sammy
good to see you back. my mission is to the heathen… er, gentiles. The author of the quote you cite especially wanted you to beware of false prophets… and to judge a tree by its fruit. He did not suggest you judge a tree by the alleged sexual conduct of the guy who said, “look. a tree.”
Rdan
July 3, 2010 8:07 pm
Do you have a link?
Lyle
July 3, 2010 10:45 pm
See the FCIC.gov web sites for videos and testimony or c-span.org. In addition Cassano testified that if he had not been fired everything would have been hunky dory.
CoRev
July 4, 2010 12:10 pm
Below is an interesting chart re: Global Warming. My point, even again, in showing this is to ask. If we assumed 100% (its not even close) of the total .7C temp increase for the past 100 Yrs was due to GHGs, what is the logiccal impact on temps if we cut man made GHGs 100%. Is it not (.7C * .28%) or .196C?????
Remember, the fools pushing this?science? want you to think that is a dangerous increase. No, it’s not, and the danger is not from it but the attempts to control and eliminate that miniscule, over stated danger.
sammy
July 4, 2010 12:32 pm
Lyle,
The collatoral covenants were deep in the documents, not quite boilerplate but almost. Remember AIGFP did not think they would ever come into play because “real estate doesn’t go down.” Seems ridiculous now, but at the time (2005) it was the societal mantra.
My question is: would the regulators have caught this? Given federal governments’ behavior during the same period (see Mae, Fannie and Mac, Freddie) what makes you think they were immune to the housing bubble intoxication and data?
sammy
July 4, 2010 12:32 pm
Good to see you too.
Lyle
July 5, 2010 1:26 am
But is that not what a legal department is for to tell you about murphy’s law items. One assumes the legal department read the agreements. (Of course legal departments screw up all the time). This just demonstrates that for big organizations read the whole document applies just as it does when one is closing on a house. Anyway, I would think the CEO would want a list of what could go wrong in each BU strategy. The whole real estate can’t go down was caused by saying the 1930s were such a complete aberation that they could not happen again, real estate did go down accross the US then. But because they might have had to bring in a few college students to read the old papers and this was to difficult to do, they decided to go only with existing data series. Since house prices had gone down once, it was going to happen again. They all ignored Mr. Murphy, with his well tested law, all be it more applied to engineering than finance, but this case says it applies in finance as well.
Greg
July 5, 2010 12:24 pm
“ No, it’s not, and the danger is not from it but the attempts to control and eliminate that miniscule, over stated danger”
Yes I’ve heard (form the Discovery Institute I think) that carbon taxes can put your eye out.
Where will new jobs come from?
I’m not the expert to be answering that question, but the one thing I do know is, in my lifetime here in the United States I have never seen or heard the absolute loss of hope in the American people’s eyes.
I’m no Spring Chicken!
I can’t put my finger on it, but whatever the message the Democrats and Obama Adminstration has sent to American Buisness it didn’t work, and it scared the hell out of them, and they aren’t moving a finger until these people are out.
I actually would have gotten behind Obama and the Democrats, especially back after we were debateing the use of the Stimulus on Green Infrastructure, but that hope went out the window early in the Socialist Advance.
There is something in our Manufacturing Capability and our Trade Policy that needs to be fixed…Where the hell is Movie Guy…He was always the one that had the goods on this type of stuff. Movie Guy….Where are you?
Jimi, we have heard for eight years how Dem ideas were so much better than those put forward by (sshhh, quiet, Bush.) But we see, just how far off and bad those ideas were/are.
The jobs can only come from the private sector. The private sector will not respond until the attacks stop and the tax and regulation environments stabilize. That’s an easy thing to physically change, but as Spencer indicated, he could not accept those changes. And, that’s the sad part.
jimi, corev
i am more than a bit pessimistic myself.
but it is beyond tedious to listen to you blame this on Obama… and I am no fan of Obama myself.
Did you forget about the bank crash on JUnior’s watch?
Do you think the “deregulation” policies of both parties had nothing to do with that?
Jobs ultimately will have to come from the private sector, but a good way to make that happen is to give out of work people jobs in the public sector. They will spend money and the private sector wil see some reason to invest.
Currently they are afraid to invest because there are no jobs, no money. And that started when the banks crapped out and became afraid to lend because they suddenly realized they didn’t know a damn thing about honest banking.
So far, I don’t think Obama has moved a dimes worth of difference away from Bush policy.
As for our Manufacturing Capability and our Trade Policy, why don’t you call up the “Free Trade Uber Alles” fundamentalists and ask them what happens to free trade when what we have to sell to the rest of the world is jobs?
Coberly,
“give out of work people jobs in the public sector”
Maybe it’s to protect myself from myself?
How many jobs does a government need? How in the hell are all these poeple creating wealth?
If the Democrats go full retard [never go full retard] on us here, and have no plan except Socialism…………..then fine……..but for christ sake…….spit it out so that those of us who can avoid the misery can start planning to do so.
If it is not the responsiblity of Obama and the Democrats to create some results, then who’s is it?
Basically what your saying is, A Republican got us here, which prevents us from actually doing anything, because we didn’t have a absolutely clean slate perfect situation for “The One,” therefore you can’t judge us on our results only our intentions.
And if a Republican attempted this circular logic, you guys would be calling for his head!
Well, Jimi, you’re making no sense.
If O’s plan were socialism don’t you think by now we’d have seen some actual SOCIALISM?
Basically what your saying is, A Republican got us here, which prevents us from actually doing anything, because we didn’t have a absolutely clean slate perfect situation.
Nobody said anything even remotely similar to that. Please be a little more careful and/or honest in your discourse.
Nothing can get done because of the obstructionist Repugs who will threaten to filibuster anything O proposes, and blue dog Dems who are Repugs on the wrong side of the aisle.
And O is a right of center moderate, not a for-god’s-sake socialist.
WTF?!?
JzB
Speaking of calling for Republicans’ heads . . .
http://www.msnbc.msn.com/id/38062497/ns/politics/
But of course, it’s Obama’s war, just like it’s Obama’s economy.
http://jazzbumpa.blogspot.com/2010/07/lazy-money.html
WASF,
JzB
jazz
thanks, but right of center these days would make Ike shake his head. He said the people who are against Social Security “are few and they are stupid.” There is nothing moderate about yo bama except that he likes to be in the middle.
Top Economist James K. Galbraith’s Withering Testimony to the Deficit Commission. – Democratic Underground
Unfortunately I see neither party addressing the issue Jimi.
Poor Ike…I guess only the older boomers actually remember seeing him speak.
jimi
you are indeed making no sense. you have a head full of clever sounding catch phrases that are not in fact true. the government creates wealth in the same way that having a throttle on your car helps it get down the street without blowing itself up.
but if that is too hard for you to understand, think about the moon program. hardly created wealth did it. except for all the engineers it gave jobs, and all the things they invented that gave the private sector something to invest in.
or maybe you are too young to know about the G.i. Bill that sent all those ex soldiers to college and made them rather more productive than they had been waiting for Rockefeller to give them a job.
And Bush didn’t get us here without a lot of help. Including from Clinton. there, now do you feel better?
jimi
please look at your own logic.
corev began by saying it was all obamas fault.
i replied, no, look at bush.
you then said i was saying it was all bush’s fault.
no.
you are the one being circular
and i’m not sure what we’d do with your head if you had one.
Dale, that’s about enough of your silliness. Since I have only had one comment on this thread it should be easy to find the back up to your claim of what I said: “please look at your own logic.
corev began by saying it was all obamas fault. “
I’ll just sit by the side here awaiting, quite breathlessly, your quick search for the support for that claim.
If you think Jimi is being circular, then what are you?
CoRev
I can’t account for what passes for logic in your mind. I read your comment as saying it was all the dems fault:
“Jimi, we have heard for eight years how Dem ideas were so much better than those put forward by (sshhh, quiet, Bush.) But we see, just how far off and bad those ideas were/are.
The jobs can only come from the private sector. The private sector will not respond until the attacks stop and the tax and regulation environments stabilize”
Whereas I don’t think I said anything circular at all. I merely said it is damn tedious listening to your say it was all the dems fault when i could point to something pretty big that happened six years into W’s reign. And I was careful to mention he had help from some Big Dog dems.
Dale, how embarrased must you be. You went further into my comment to say this: “I read your comment as saying it was all the dems fault: …” But in reality what you are saying you: “I read (INTO) your comment as saying it was all the dems fault:…”
Reading comprehension is your friend. Dale, do not bother to respond. Anything you say will only confirm your inability to comprehend simple english.
CoRev
you are right that it is a waste of time to respond. communication requires an honest effort by two competent communicators. it looks like we have no more than one of those.
corev
sorry, i do not have my magic decoder ring. if you can explain to anybody what you “really” meant, and they can explain to me how anybody knows anything without “reading into” ANY communication, you will win your game.
if that doesn’t happen, maybe you and jimi could exchange numbers and talk to each other sharing secret secrets only you two in the whole world really understand. except of course for Rush in Heaven.
It’s yet another bad week for the Global Warmists. Your main spokesman has been revealed as a “Crazed Sex Poodle” http://www.telegraph.co.uk/news/worldnews/northamerica/7852300/Al-Gore-behaved-like-crazed-sex-poodle-with-masseuse.html
Oh good grief…there is plenty of coverage on all our politicos and their sexual conduct, none of which has been covered here in relation to policies associated with them.
Mat 7:15 Beware of false prophets, which come to you in sheep’s clothing, but inwardly they are ravening wolves.
Did anyone see the testimony of the Chief Risk officer and Ex CEO of AIG? They did not know about the possiblity of a collateral call until fall 2007?? What were they doing with their time. Obvously they don’t believe in Murphys law. Believing that Murphy expresses the view correct view of the universe. I would want a report on all contingincies that could befall a company. Then I would ask that they be hedged down. Clearly the folks in AIGFP where doing their own thing, and not telling the bosses what they were doing. Then the issues with the securities loan program and doubling down on subprime, when the FP folks decided it was to risky. Is the model of independent business units flawed. (We see the same thing at Goldman, one unit is pushing things and another is shorting it) Obviously the current structure of companies results in all companies speaking with forked tounges. As a result a new manta should evolve, trust no financial services company they are all crooks and liars!! Paranoia on financial matters is the only valid policy because they are all out to get you.
Sammy
good to see you back. my mission is to the heathen… er, gentiles. The author of the quote you cite especially wanted you to beware of false prophets… and to judge a tree by its fruit. He did not suggest you judge a tree by the alleged sexual conduct of the guy who said, “look. a tree.”
Do you have a link?
See the FCIC.gov web sites for videos and testimony or c-span.org. In addition Cassano testified that if he had not been fired everything would have been hunky dory.
Below is an interesting chart re: Global Warming. My point, even again, in showing this is to ask. If we assumed 100% (its not even close) of the total .7C temp increase for the past 100 Yrs was due to GHGs, what is the logiccal impact on temps if we cut man made GHGs 100%. Is it not (.7C * .28%) or .196C?????
Remember, the fools pushing this?science? want you to think that is a dangerous increase. No, it’s not, and the danger is not from it but the attempts to control and eliminate that miniscule, over stated danger.
Lyle,
The collatoral covenants were deep in the documents, not quite boilerplate but almost. Remember AIGFP did not think they would ever come into play because “real estate doesn’t go down.” Seems ridiculous now, but at the time (2005) it was the societal mantra.
My question is: would the regulators have caught this? Given federal governments’ behavior during the same period (see Mae, Fannie and Mac, Freddie) what makes you think they were immune to the housing bubble intoxication and data?
Good to see you too.
But is that not what a legal department is for to tell you about murphy’s law items. One assumes the legal department read the agreements. (Of course legal departments screw up all the time). This just demonstrates that for big organizations read the whole document applies just as it does when one is closing on a house. Anyway, I would think the CEO would want a list of what could go wrong in each BU strategy. The whole real estate can’t go down was caused by saying the 1930s were such a complete aberation that they could not happen again, real estate did go down accross the US then. But because they might have had to bring in a few college students to read the old papers and this was to difficult to do, they decided to go only with existing data series. Since house prices had gone down once, it was going to happen again. They all ignored Mr. Murphy, with his well tested law, all be it more applied to engineering than finance, but this case says it applies in finance as well.
“ No, it’s not, and the danger is not from it but the attempts to control and eliminate that miniscule, over stated danger”
Yes I’ve heard (form the Discovery Institute I think) that carbon taxes can put your eye out.
Greg, now that’s funny. Got a serious response?
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