Home › Forums › Financial Markets/Economics › Coming San Diego Govt Layoffs
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December 10, 2008 at 11:39 AM #314243December 10, 2008 at 12:07 PM #313781kewpParticipant
[quote=sdduuuude]Government productivity at work:
http://piggington.com/maybe_the_government_should_stop_helping
[/quote]
And *whom*, pray tell, were responsible for those mortgages in the first place? I don’t know two many mortgage brokers or Realtors that work for the gummint.
Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
December 10, 2008 at 12:07 PM #314140kewpParticipant[quote=sdduuuude]Government productivity at work:
http://piggington.com/maybe_the_government_should_stop_helping
[/quote]
And *whom*, pray tell, were responsible for those mortgages in the first place? I don’t know two many mortgage brokers or Realtors that work for the gummint.
Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
December 10, 2008 at 12:07 PM #314171kewpParticipant[quote=sdduuuude]Government productivity at work:
http://piggington.com/maybe_the_government_should_stop_helping
[/quote]
And *whom*, pray tell, were responsible for those mortgages in the first place? I don’t know two many mortgage brokers or Realtors that work for the gummint.
Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
December 10, 2008 at 12:07 PM #314193kewpParticipant[quote=sdduuuude]Government productivity at work:
http://piggington.com/maybe_the_government_should_stop_helping
[/quote]
And *whom*, pray tell, were responsible for those mortgages in the first place? I don’t know two many mortgage brokers or Realtors that work for the gummint.
Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
December 10, 2008 at 12:07 PM #314264kewpParticipant[quote=sdduuuude]Government productivity at work:
http://piggington.com/maybe_the_government_should_stop_helping
[/quote]
And *whom*, pray tell, were responsible for those mortgages in the first place? I don’t know two many mortgage brokers or Realtors that work for the gummint.
Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
December 10, 2008 at 12:10 PM #313786kewpParticipant[quote=pedrocon]Hey kewp your a weenie, a little itsy bitsy weenie. [/quote]
Well, YOU’RE obviously not very well educated, so why should anyone listen to you?
December 10, 2008 at 12:10 PM #314145kewpParticipant[quote=pedrocon]Hey kewp your a weenie, a little itsy bitsy weenie. [/quote]
Well, YOU’RE obviously not very well educated, so why should anyone listen to you?
December 10, 2008 at 12:10 PM #314176kewpParticipant[quote=pedrocon]Hey kewp your a weenie, a little itsy bitsy weenie. [/quote]
Well, YOU’RE obviously not very well educated, so why should anyone listen to you?
December 10, 2008 at 12:10 PM #314199kewpParticipant[quote=pedrocon]Hey kewp your a weenie, a little itsy bitsy weenie. [/quote]
Well, YOU’RE obviously not very well educated, so why should anyone listen to you?
December 10, 2008 at 12:10 PM #314269kewpParticipant[quote=pedrocon]Hey kewp your a weenie, a little itsy bitsy weenie. [/quote]
Well, YOU’RE obviously not very well educated, so why should anyone listen to you?
December 10, 2008 at 12:45 PM #313796sdduuuudeParticipant[quote=kewp]Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
http://www.vanityfair.com/magazine/2009/01/stiglitz200901%5B/quote%5D
Dude, how many times do I have to tell you – it isn’t a free market if the Federal Reserve is one of the causes.
Yes, it is a free-market response to a manipulated system, but the manipulations of the Fed take precedence. If the manipulation of the Fed wasn’t there, the free market would not have created this.
Maybe, given the fact that the Fed was handing out cheap cash, additional regulation was needed to keep the free market from burning through it so fast. Really, it just goes to show that when the gov (Fed in this case) starts manipulating things, shit happens that they didn’t count on in the first place. Then they say “we should have regulated more.” When in fact, they shouldn’t have started manipulating in the first place.
You have fallen into the classic trap. The Govt implements a plan and calls it “unregulated.” It isn’t really unregulated because the government made it and controls it. But they call it “deregulated” because it sounds good.
Then it gets completely screwed up and they say “deregulation is bad” and guys like you nod and recite “regulation bad.”
I guess that’s what happens when you get your economic news from Vanity Fair.
Seriously, I hear what you are saying – given the Fed was giving out cheap cash, maybe they should have put in more rules to to keep the market in check. That makes sense, but only if you believe that the Fed should be manipulating rates in the first place, which I surely don’t.
But, you can’t call it a free market or a failure of the free market. That just isn’t correct given the interest rate manipulation and government attempts to increase homeownership.
December 10, 2008 at 12:45 PM #314155sdduuuudeParticipant[quote=kewp]Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
http://www.vanityfair.com/magazine/2009/01/stiglitz200901%5B/quote%5D
Dude, how many times do I have to tell you – it isn’t a free market if the Federal Reserve is one of the causes.
Yes, it is a free-market response to a manipulated system, but the manipulations of the Fed take precedence. If the manipulation of the Fed wasn’t there, the free market would not have created this.
Maybe, given the fact that the Fed was handing out cheap cash, additional regulation was needed to keep the free market from burning through it so fast. Really, it just goes to show that when the gov (Fed in this case) starts manipulating things, shit happens that they didn’t count on in the first place. Then they say “we should have regulated more.” When in fact, they shouldn’t have started manipulating in the first place.
You have fallen into the classic trap. The Govt implements a plan and calls it “unregulated.” It isn’t really unregulated because the government made it and controls it. But they call it “deregulated” because it sounds good.
Then it gets completely screwed up and they say “deregulation is bad” and guys like you nod and recite “regulation bad.”
I guess that’s what happens when you get your economic news from Vanity Fair.
Seriously, I hear what you are saying – given the Fed was giving out cheap cash, maybe they should have put in more rules to to keep the market in check. That makes sense, but only if you believe that the Fed should be manipulating rates in the first place, which I surely don’t.
But, you can’t call it a free market or a failure of the free market. That just isn’t correct given the interest rate manipulation and government attempts to increase homeownership.
December 10, 2008 at 12:45 PM #314186sdduuuudeParticipant[quote=kewp]Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
http://www.vanityfair.com/magazine/2009/01/stiglitz200901%5B/quote%5D
Dude, how many times do I have to tell you – it isn’t a free market if the Federal Reserve is one of the causes.
Yes, it is a free-market response to a manipulated system, but the manipulations of the Fed take precedence. If the manipulation of the Fed wasn’t there, the free market would not have created this.
Maybe, given the fact that the Fed was handing out cheap cash, additional regulation was needed to keep the free market from burning through it so fast. Really, it just goes to show that when the gov (Fed in this case) starts manipulating things, shit happens that they didn’t count on in the first place. Then they say “we should have regulated more.” When in fact, they shouldn’t have started manipulating in the first place.
You have fallen into the classic trap. The Govt implements a plan and calls it “unregulated.” It isn’t really unregulated because the government made it and controls it. But they call it “deregulated” because it sounds good.
Then it gets completely screwed up and they say “deregulation is bad” and guys like you nod and recite “regulation bad.”
I guess that’s what happens when you get your economic news from Vanity Fair.
Seriously, I hear what you are saying – given the Fed was giving out cheap cash, maybe they should have put in more rules to to keep the market in check. That makes sense, but only if you believe that the Fed should be manipulating rates in the first place, which I surely don’t.
But, you can’t call it a free market or a failure of the free market. That just isn’t correct given the interest rate manipulation and government attempts to increase homeownership.
December 10, 2008 at 12:45 PM #314209sdduuuudeParticipant[quote=kewp]Read a good summary of how this mess is entirely a product of the Federal Reserve and the excesses of the free market.
http://www.vanityfair.com/magazine/2009/01/stiglitz200901%5B/quote%5D
Dude, how many times do I have to tell you – it isn’t a free market if the Federal Reserve is one of the causes.
Yes, it is a free-market response to a manipulated system, but the manipulations of the Fed take precedence. If the manipulation of the Fed wasn’t there, the free market would not have created this.
Maybe, given the fact that the Fed was handing out cheap cash, additional regulation was needed to keep the free market from burning through it so fast. Really, it just goes to show that when the gov (Fed in this case) starts manipulating things, shit happens that they didn’t count on in the first place. Then they say “we should have regulated more.” When in fact, they shouldn’t have started manipulating in the first place.
You have fallen into the classic trap. The Govt implements a plan and calls it “unregulated.” It isn’t really unregulated because the government made it and controls it. But they call it “deregulated” because it sounds good.
Then it gets completely screwed up and they say “deregulation is bad” and guys like you nod and recite “regulation bad.”
I guess that’s what happens when you get your economic news from Vanity Fair.
Seriously, I hear what you are saying – given the Fed was giving out cheap cash, maybe they should have put in more rules to to keep the market in check. That makes sense, but only if you believe that the Fed should be manipulating rates in the first place, which I surely don’t.
But, you can’t call it a free market or a failure of the free market. That just isn’t correct given the interest rate manipulation and government attempts to increase homeownership.
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