Mr. Roth sounds like the Republicans of today.

As much as I hate the bailout programs, I feel like there is no other choice.

I personally would rather the money went to social programs like extending unemployment benefit, childcare, etc… than to the banks.

But despite the pronouncements by Republican leaders, the Republican business people I know all hope for MORE government intervention to keep the economy growing, at least for the time being.

He keeps thinking inflation is right around the corner. He worries about the rise of Hitler.

Sounds like the extreme Republicans. Obama as Hitler? That’s laughable.

Mr. Roth’s inflation fears are one good example. A rock-ribbed Republican, he can’t understand why Roosevelt’s New Deal programs — and the spending they require — don’t bring with them the kind of scary inflation that had occurred in Germany after World War I. He keeps waiting for it, predicting it, ever fearful that it will make an awful economic situation even worse. He is baffled that inflation remained subdued. He can’t get outside of his mental framework and see — as we can today — that Roosevelt’s programs are the only things keeping the economy alive.

I think that deflation is still in the cards. Look at food prices and airline tickets.

Inflation is still some time away.

Today, most economists believe that the downturn was caused by Roosevelt, who turned off the spigot too soon, trying to balance the budget instead of continuing to pump money into the economy. Not understanding the reason for the downturn, Mr. Roth was deeply discouraged by the reappearance of the Depression. “It is terrible to contemplate that we are in the 9th year of depression and still cannot see clearly ahead,” he wrote in March 1939.

I would love for Obama to turn off the spigot immediately. That will cause a crash that would allow those of us with wherewithal to profit.

But I understand that for the economy’s sake more government support is needed. But still, that pisses me off because it’s allowing those smug real estate people to hang on.

Mr. Roth sounds like the Republicans of today.

As much as I hate the bailout programs, I feel like there is no other choice.

I personally would rather the money went to social programs like extending unemployment benefit, childcare, etc… than to the banks.

But despite the pronouncements by Republican leaders, the Republican business people I know all hope for MORE government intervention to keep the economy growing, at least for the time being.

He keeps thinking inflation is right around the corner. He worries about the rise of Hitler.

Sounds like the extreme Republicans. Obama as Hitler? That’s laughable.

Mr. Roth’s inflation fears are one good example. A rock-ribbed Republican, he can’t understand why Roosevelt’s New Deal programs — and the spending they require — don’t bring with them the kind of scary inflation that had occurred in Germany after World War I. He keeps waiting for it, predicting it, ever fearful that it will make an awful economic situation even worse. He is baffled that inflation remained subdued. He can’t get outside of his mental framework and see — as we can today — that Roosevelt’s programs are the only things keeping the economy alive.

I think that deflation is still in the cards. Look at food prices and airline tickets.

Inflation is still some time away.

Today, most economists believe that the downturn was caused by Roosevelt, who turned off the spigot too soon, trying to balance the budget instead of continuing to pump money into the economy. Not understanding the reason for the downturn, Mr. Roth was deeply discouraged by the reappearance of the Depression. “It is terrible to contemplate that we are in the 9th year of depression and still cannot see clearly ahead,” he wrote in March 1939.

I would love for Obama to turn off the spigot immediately. That will cause a crash that would allow those of us with wherewithal to profit.

But I understand that for the economy’s sake more government support is needed. But still, that pisses me off because it’s allowing those smug real estate people to hang on.

Mr. Roth sounds like the Republicans of today.

As much as I hate the bailout programs, I feel like there is no other choice.

I personally would rather the money went to social programs like extending unemployment benefit, childcare, etc… than to the banks.

But despite the pronouncements by Republican leaders, the Republican business people I know all hope for MORE government intervention to keep the economy growing, at least for the time being.

He keeps thinking inflation is right around the corner. He worries about the rise of Hitler.

Sounds like the extreme Republicans. Obama as Hitler? That’s laughable.

Mr. Roth’s inflation fears are one good example. A rock-ribbed Republican, he can’t understand why Roosevelt’s New Deal programs — and the spending they require — don’t bring with them the kind of scary inflation that had occurred in Germany after World War I. He keeps waiting for it, predicting it, ever fearful that it will make an awful economic situation even worse. He is baffled that inflation remained subdued. He can’t get outside of his mental framework and see — as we can today — that Roosevelt’s programs are the only things keeping the economy alive.

I think that deflation is still in the cards. Look at food prices and airline tickets.

Inflation is still some time away.

Today, most economists believe that the downturn was caused by Roosevelt, who turned off the spigot too soon, trying to balance the budget instead of continuing to pump money into the economy. Not understanding the reason for the downturn, Mr. Roth was deeply discouraged by the reappearance of the Depression. “It is terrible to contemplate that we are in the 9th year of depression and still cannot see clearly ahead,” he wrote in March 1939.

I would love for Obama to turn off the spigot immediately. That will cause a crash that would allow those of us with wherewithal to profit.

But I understand that for the economy’s sake more government support is needed. But still, that pisses me off because it’s allowing those smug real estate people to hang on.

http://www.youtube.com/watch?v=pFMgwL-Tq4s&feature=player_embedded

http://www.youtube.com/watch?v=pFMgwL-Tq4s&feature=player_embedded

Brian, Brian, Brian. I’m amused at your attempt to get the real estate guys riled up. But you are flat wrong to think that more government support will help the economy.

Pick up a book on economics, Thomas Sowell has some good fast reads. You will learn that government spending is simply someone else deciding how to your money should be spent. Is the government so much smarter that the populace? If you agree with this premise that you wish for a socialist system, which incidentally, never flourish in the long run. Read that econ book.

Our nation was founded upon personal independence and drive to succeed. Let the free market prevail and everyone benifits.

Lets take a look at our upcoming Xmas shopping season and the early winter cold upon the midwest and east. You will have to agree that without jobs it’s going to be a hardship for those families to heat their homes and shop for gifts.

So if the government really wanted to help them, they could relax the government roadblocks to allowing cheaper energy. Drilling, nuclear, etc. That alone would put more money in everyone’s pocket that they would then spend thus growing the economy.

Just redistributing wealth through social programs is much akin to giving you kid an allowance. It doesn’t motivate him to find a way to earn more.

Enough for now.

Brian, Brian, Brian. I’m amused at your attempt to get the real estate guys riled up. But you are flat wrong to think that more government support will help the economy.

Pick up a book on economics, Thomas Sowell has some good fast reads. You will learn that government spending is simply someone else deciding how to your money should be spent. Is the government so much smarter that the populace? If you agree with this premise that you wish for a socialist system, which incidentally, never flourish in the long run. Read that econ book.

Our nation was founded upon personal independence and drive to succeed. Let the free market prevail and everyone benifits.

Lets take a look at our upcoming Xmas shopping season and the early winter cold upon the midwest and east. You will have to agree that without jobs it’s going to be a hardship for those families to heat their homes and shop for gifts.

So if the government really wanted to help them, they could relax the government roadblocks to allowing cheaper energy. Drilling, nuclear, etc. That alone would put more money in everyone’s pocket that they would then spend thus growing the economy.

Just redistributing wealth through social programs is much akin to giving you kid an allowance. It doesn’t motivate him to find a way to earn more.

Enough for now.