Home › Forums › Financial Markets/Economics › Stimulus Watch: San Diego, California & the rest of the states
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CA renter.
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February 13, 2009 at 6:32 PM #346125February 14, 2009 at 12:57 AM #346586
sdrealtor
ParticipantCA renter
You forgot to finish with “so I can get the house I deserve already”.February 14, 2009 at 12:57 AM #346828ParticipantCA renter
You forgot to finish with “so I can get the house I deserve already”.February 14, 2009 at 12:57 AM #346264ParticipantCA renter
You forgot to finish with “so I can get the house I deserve already”.February 14, 2009 at 12:57 AM #346696ParticipantCA renter
You forgot to finish with “so I can get the house I deserve already”.February 14, 2009 at 12:57 AM #346729ParticipantCA renter
You forgot to finish with “so I can get the house I deserve already”.February 14, 2009 at 4:22 AM #3467214plexowner
Participant“This is about resetting the financial system so we can bottom out and get to a place where we can grow again.”
the reset won’t occur until the govt stops pumping printing press money into the economy and stops trying to hold asset values at inflated levels that don’t jibe with market reality
in the 1990’s we were telling Japan that they had to purge all the bad debt out of their system to recover – instead Japan kept all their zombie banks alive and here it is 18 years later and they have yet to ‘reset’ their economy – it appears that they are headed into another downturn
Keynes’ idea was basically what you are saying: when the economy is soft the govt steps in and spends money to keep things going – then, after the economy returns to health, THE STIMULUS MONEY IS REMOVED FROM THE SYSTEM
one of the problems with this idea is that the second half of it never gets implemented – instead we move from one stimulus to the next piling more debt on top of the existing debt
the economic reset that is trying to occur right now is the free market system attempting to purge 60 years of Keynesian stimulus
February 14, 2009 at 4:22 AM #346853Participant“This is about resetting the financial system so we can bottom out and get to a place where we can grow again.”
the reset won’t occur until the govt stops pumping printing press money into the economy and stops trying to hold asset values at inflated levels that don’t jibe with market reality
in the 1990’s we were telling Japan that they had to purge all the bad debt out of their system to recover – instead Japan kept all their zombie banks alive and here it is 18 years later and they have yet to ‘reset’ their economy – it appears that they are headed into another downturn
Keynes’ idea was basically what you are saying: when the economy is soft the govt steps in and spends money to keep things going – then, after the economy returns to health, THE STIMULUS MONEY IS REMOVED FROM THE SYSTEM
one of the problems with this idea is that the second half of it never gets implemented – instead we move from one stimulus to the next piling more debt on top of the existing debt
the economic reset that is trying to occur right now is the free market system attempting to purge 60 years of Keynesian stimulus
February 14, 2009 at 4:22 AM #346754Participant“This is about resetting the financial system so we can bottom out and get to a place where we can grow again.”
the reset won’t occur until the govt stops pumping printing press money into the economy and stops trying to hold asset values at inflated levels that don’t jibe with market reality
in the 1990’s we were telling Japan that they had to purge all the bad debt out of their system to recover – instead Japan kept all their zombie banks alive and here it is 18 years later and they have yet to ‘reset’ their economy – it appears that they are headed into another downturn
Keynes’ idea was basically what you are saying: when the economy is soft the govt steps in and spends money to keep things going – then, after the economy returns to health, THE STIMULUS MONEY IS REMOVED FROM THE SYSTEM
one of the problems with this idea is that the second half of it never gets implemented – instead we move from one stimulus to the next piling more debt on top of the existing debt
the economic reset that is trying to occur right now is the free market system attempting to purge 60 years of Keynesian stimulus
February 14, 2009 at 4:22 AM #346289Participant“This is about resetting the financial system so we can bottom out and get to a place where we can grow again.”
the reset won’t occur until the govt stops pumping printing press money into the economy and stops trying to hold asset values at inflated levels that don’t jibe with market reality
in the 1990’s we were telling Japan that they had to purge all the bad debt out of their system to recover – instead Japan kept all their zombie banks alive and here it is 18 years later and they have yet to ‘reset’ their economy – it appears that they are headed into another downturn
Keynes’ idea was basically what you are saying: when the economy is soft the govt steps in and spends money to keep things going – then, after the economy returns to health, THE STIMULUS MONEY IS REMOVED FROM THE SYSTEM
one of the problems with this idea is that the second half of it never gets implemented – instead we move from one stimulus to the next piling more debt on top of the existing debt
the economic reset that is trying to occur right now is the free market system attempting to purge 60 years of Keynesian stimulus
February 14, 2009 at 4:22 AM #346611Participant“This is about resetting the financial system so we can bottom out and get to a place where we can grow again.”
the reset won’t occur until the govt stops pumping printing press money into the economy and stops trying to hold asset values at inflated levels that don’t jibe with market reality
in the 1990’s we were telling Japan that they had to purge all the bad debt out of their system to recover – instead Japan kept all their zombie banks alive and here it is 18 years later and they have yet to ‘reset’ their economy – it appears that they are headed into another downturn
Keynes’ idea was basically what you are saying: when the economy is soft the govt steps in and spends money to keep things going – then, after the economy returns to health, THE STIMULUS MONEY IS REMOVED FROM THE SYSTEM
one of the problems with this idea is that the second half of it never gets implemented – instead we move from one stimulus to the next piling more debt on top of the existing debt
the economic reset that is trying to occur right now is the free market system attempting to purge 60 years of Keynesian stimulus
February 15, 2009 at 3:02 AM #346534CA renter
Participant[quote=sdrealtor]CA renter
You forgot to finish with “so I can get the house I deserve already”.[/quote]Now, now, sdrealtor. Let’s be nice. 😉
Truth is, buying a house is not my top priority at this point. I honestly want to see debt destroyed so that **everybody** can begin to live within their means. It does not benefit society if everyone is living like a debt slave, barely able to afford shelter and health care.
What I really want is for all those who were responsible for this debt bubble to have their assets seized and used to make reparations to the taxpayers. After that, I want to see an economy where labor is valued more highly than capital.
The govt is hell-bent on not letting things correct, so I’m just sitting back, watching and waiting to see the end result of their foolish interference.
4plex, agree with what you said.
February 15, 2009 at 3:02 AM #346855Participant[quote=sdrealtor]CA renter
You forgot to finish with “so I can get the house I deserve already”.[/quote]Now, now, sdrealtor. Let’s be nice. 😉
Truth is, buying a house is not my top priority at this point. I honestly want to see debt destroyed so that **everybody** can begin to live within their means. It does not benefit society if everyone is living like a debt slave, barely able to afford shelter and health care.
What I really want is for all those who were responsible for this debt bubble to have their assets seized and used to make reparations to the taxpayers. After that, I want to see an economy where labor is valued more highly than capital.
The govt is hell-bent on not letting things correct, so I’m just sitting back, watching and waiting to see the end result of their foolish interference.
4plex, agree with what you said.
February 15, 2009 at 3:02 AM #346966Participant[quote=sdrealtor]CA renter
You forgot to finish with “so I can get the house I deserve already”.[/quote]Now, now, sdrealtor. Let’s be nice. 😉
Truth is, buying a house is not my top priority at this point. I honestly want to see debt destroyed so that **everybody** can begin to live within their means. It does not benefit society if everyone is living like a debt slave, barely able to afford shelter and health care.
What I really want is for all those who were responsible for this debt bubble to have their assets seized and used to make reparations to the taxpayers. After that, I want to see an economy where labor is valued more highly than capital.
The govt is hell-bent on not letting things correct, so I’m just sitting back, watching and waiting to see the end result of their foolish interference.
4plex, agree with what you said.
February 15, 2009 at 3:02 AM #347000Participant[quote=sdrealtor]CA renter
You forgot to finish with “so I can get the house I deserve already”.[/quote]Now, now, sdrealtor. Let’s be nice. 😉
Truth is, buying a house is not my top priority at this point. I honestly want to see debt destroyed so that **everybody** can begin to live within their means. It does not benefit society if everyone is living like a debt slave, barely able to afford shelter and health care.
What I really want is for all those who were responsible for this debt bubble to have their assets seized and used to make reparations to the taxpayers. After that, I want to see an economy where labor is valued more highly than capital.
The govt is hell-bent on not letting things correct, so I’m just sitting back, watching and waiting to see the end result of their foolish interference.
4plex, agree with what you said.
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