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  • April 24, 2011 at 7:16 PM #18746
    zk
    Participant

    This article in the NYT sums up the problems with both the left’s and the right’s woefully inadequate approaches to reducing the deficit.

    “INTEREST rates have been falling for 30 years, but Pimco’s short call [on U.S. treasury bonds] could well mark a generational reversal. If so, rates will continue to rise, and the fiscal time frame will be abruptly foreshortened from the distant foggy future to the Treasury’s borrowing needs in the here and now. Then the abject deficiencies of the dueling budget plans will be self-evident.”

    April 25, 2011 at 9:39 AM #688942
    Rich Toscano
    Keymaster

    Great article, thanks ZK. I’m not as confident as the author about timing, but qualitatively I agree entirely with what he says.

    April 25, 2011 at 9:39 AM #689621
    Rich Toscano
    Keymaster

    Great article, thanks ZK. I’m not as confident as the author about timing, but qualitatively I agree entirely with what he says.

    April 25, 2011 at 9:39 AM #689763
    Rich Toscano
    Keymaster

    Great article, thanks ZK. I’m not as confident as the author about timing, but qualitatively I agree entirely with what he says.

    April 25, 2011 at 9:39 AM #690115
    Rich Toscano
    Keymaster

    Great article, thanks ZK. I’m not as confident as the author about timing, but qualitatively I agree entirely with what he says.

    April 25, 2011 at 9:39 AM #689005
    Rich Toscano
    Keymaster

    Great article, thanks ZK. I’m not as confident as the author about timing, but qualitatively I agree entirely with what he says.

    April 25, 2011 at 12:32 PM #688967
    briansd1
    Guest

    Interesting article but I lost the author when he mentioned class war.

    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.

    April 25, 2011 at 12:32 PM #689788
    briansd1
    Guest

    Interesting article but I lost the author when he mentioned class war.

    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.

    April 25, 2011 at 12:32 PM #689029
    briansd1
    Guest

    Interesting article but I lost the author when he mentioned class war.

    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.

    April 25, 2011 at 12:32 PM #689646
    briansd1
    Guest

    Interesting article but I lost the author when he mentioned class war.

    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.

    April 25, 2011 at 12:32 PM #690139
    briansd1
    Guest

    Interesting article but I lost the author when he mentioned class war.

    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    We may have ideological war, but we are far from class war. In this ideological war, the top richest Americans have enlisted some of crudest, most vulgar soldiers to fight their battles.

    April 25, 2011 at 2:18 PM #689681
    Arraya
    Participant

    [quote=briansd1]
    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    [/quote]

    Brian, that is part of the class war. Actually, a very important part.

    http://en.wikipedia.org/wiki/Manufacturing_Consent:_The_Political_Economy_of_the_Mass_Media

    April 25, 2011 at 2:18 PM #689823
    Arraya
    Participant

    [quote=briansd1]
    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    [/quote]

    Brian, that is part of the class war. Actually, a very important part.

    http://en.wikipedia.org/wiki/Manufacturing_Consent:_The_Political_Economy_of_the_Mass_Media

    April 25, 2011 at 2:18 PM #689002
    Arraya
    Participant

    [quote=briansd1]
    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    [/quote]

    Brian, that is part of the class war. Actually, a very important part.

    http://en.wikipedia.org/wiki/Manufacturing_Consent:_The_Political_Economy_of_the_Mass_Media

    April 25, 2011 at 2:18 PM #690175
    Arraya
    Participant

    [quote=briansd1]
    We are far from class war, especially when we have ordinary voters in the Red States siding with the very richest Americans.

    [/quote]

    Brian, that is part of the class war. Actually, a very important part.

    http://en.wikipedia.org/wiki/Manufacturing_Consent:_The_Political_Economy_of_the_Mass_Media

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