Coming San Diego Govt Layoffs

[sdduuuude]

[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.

[pepsi]

The problem with high price water is that the poor people will have no water.

[pepsi]

The problem with high price water is that the poor people will have no water.

[pepsi]

The problem with high price water is that the poor people will have no water.

[pepsi]

The problem with high price water is that the poor people will have no water.

[pepsi]

The problem with high price water is that the poor people will have no water.

[lostcat92120]

Aren’t we the people the govt? So America isn’t so great anymore?. I mean, who in their right mind would want to be us? We’re just a bunch of idiots that think we know everything.

I think America is done. We’ll follow in the foot steps of the rest of the america’s now. Fun times.

[lostcat92120]

Aren’t we the people the govt? So America isn’t so great anymore?. I mean, who in their right mind would want to be us? We’re just a bunch of idiots that think we know everything.

I think America is done. We’ll follow in the foot steps of the rest of the america’s now. Fun times.

[lostcat92120]

Aren’t we the people the govt? So America isn’t so great anymore?. I mean, who in their right mind would want to be us? We’re just a bunch of idiots that think we know everything.

I think America is done. We’ll follow in the foot steps of the rest of the america’s now. Fun times.

[lostcat92120]

Aren’t we the people the govt? So America isn’t so great anymore?. I mean, who in their right mind would want to be us? We’re just a bunch of idiots that think we know everything.

I think America is done. We’ll follow in the foot steps of the rest of the america’s now. Fun times.

[lostcat92120]

Aren’t we the people the govt? So America isn’t so great anymore?. I mean, who in their right mind would want to be us? We’re just a bunch of idiots that think we know everything.

I think America is done. We’ll follow in the foot steps of the rest of the america’s now. Fun times.

[CA renter]

sdduuuude wrote:

So, the government may do the other 27% efficiently and call it “productivity” when it is not, in fact, needed activity. That’s my point.

Within a public office, things may move along well, but the question of “what the hell are they doing with my 9% state income tax and 7.75% sales tax?” rings pretty loudly.
—————-

One thing I will admit is that the govt has a strong tendency to waste, and there is a lot of fat at the top (bureaucrats/administrators/wannabe politicians, etc.) that needs to be trimmed.

Also, government employees on all levels, tend to think there is a money tree in every backyard and often don’t understand where the money comes from. When I worked in the public sector (education), I made a conscious effort to minimize waste and unnecessary spending, on a daily basis. There is much that can be done there, IMHO.

[CA renter]

sdduuuude wrote:

So, the government may do the other 27% efficiently and call it “productivity” when it is not, in fact, needed activity. That’s my point.

Within a public office, things may move along well, but the question of “what the hell are they doing with my 9% state income tax and 7.75% sales tax?” rings pretty loudly.
—————-

One thing I will admit is that the govt has a strong tendency to waste, and there is a lot of fat at the top (bureaucrats/administrators/wannabe politicians, etc.) that needs to be trimmed.

Also, government employees on all levels, tend to think there is a money tree in every backyard and often don’t understand where the money comes from. When I worked in the public sector (education), I made a conscious effort to minimize waste and unnecessary spending, on a daily basis. There is much that can be done there, IMHO.

[CA renter]

sdduuuude wrote:

So, the government may do the other 27% efficiently and call it “productivity” when it is not, in fact, needed activity. That’s my point.

Within a public office, things may move along well, but the question of “what the hell are they doing with my 9% state income tax and 7.75% sales tax?” rings pretty loudly.
—————-

One thing I will admit is that the govt has a strong tendency to waste, and there is a lot of fat at the top (bureaucrats/administrators/wannabe politicians, etc.) that needs to be trimmed.

Also, government employees on all levels, tend to think there is a money tree in every backyard and often don’t understand where the money comes from. When I worked in the public sector (education), I made a conscious effort to minimize waste and unnecessary spending, on a daily basis. There is much that can be done there, IMHO.

[CA renter]

sdduuuude wrote:

So, the government may do the other 27% efficiently and call it “productivity” when it is not, in fact, needed activity. That’s my point.

Within a public office, things may move along well, but the question of “what the hell are they doing with my 9% state income tax and 7.75% sales tax?” rings pretty loudly.
—————-

One thing I will admit is that the govt has a strong tendency to waste, and there is a lot of fat at the top (bureaucrats/administrators/wannabe politicians, etc.) that needs to be trimmed.

Also, government employees on all levels, tend to think there is a money tree in every backyard and often don’t understand where the money comes from. When I worked in the public sector (education), I made a conscious effort to minimize waste and unnecessary spending, on a daily basis. There is much that can be done there, IMHO.

[Author]

Posts