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afx114
Participant[quote=Allan from Fallbrook]”Our youth now love luxury. They have bad manners, contempt for authority; they show disrespect for their elders and love chatter in place of exercise; they no longer rise when elders enter the room; they contradict their parents, chatter before company; gobble up their food and tyrannize their teachers.”
— Socrates[/quote]In other words, “Get off my lawn.”
Participant[quote=Allan from Fallbrook]”Our youth now love luxury. They have bad manners, contempt for authority; they show disrespect for their elders and love chatter in place of exercise; they no longer rise when elders enter the room; they contradict their parents, chatter before company; gobble up their food and tyrannize their teachers.”
— Socrates[/quote]In other words, “Get off my lawn.”
ParticipantWho does he think he is, Rick Santelli?
ParticipantWho does he think he is, Rick Santelli?
ParticipantWho does he think he is, Rick Santelli?
ParticipantWho does he think he is, Rick Santelli?
ParticipantWho does he think he is, Rick Santelli?
August 8, 2011 at 9:39 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #715953ParticipantI’m not an economist, so maybe one can explain to me. If the S&P downgrade was such a big deal, why are people still pouring money into US Treasuries, driving it down to very low rates? Is it because the US is still the least worst of many worster options? (Yes, I just said ‘worster’).
And why is the media associating the current stock slide with the debt downgrade? Isn’t the stock slide due to Europe, unemployment, etc rather than the downgrade? If the downgrade had anything to do with the stock market, shouldn’t we be seeing treasury rates rise while stocks fall?
August 8, 2011 at 9:39 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716044ParticipantI’m not an economist, so maybe one can explain to me. If the S&P downgrade was such a big deal, why are people still pouring money into US Treasuries, driving it down to very low rates? Is it because the US is still the least worst of many worster options? (Yes, I just said ‘worster’).
And why is the media associating the current stock slide with the debt downgrade? Isn’t the stock slide due to Europe, unemployment, etc rather than the downgrade? If the downgrade had anything to do with the stock market, shouldn’t we be seeing treasury rates rise while stocks fall?
August 8, 2011 at 9:39 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716643ParticipantI’m not an economist, so maybe one can explain to me. If the S&P downgrade was such a big deal, why are people still pouring money into US Treasuries, driving it down to very low rates? Is it because the US is still the least worst of many worster options? (Yes, I just said ‘worster’).
And why is the media associating the current stock slide with the debt downgrade? Isn’t the stock slide due to Europe, unemployment, etc rather than the downgrade? If the downgrade had anything to do with the stock market, shouldn’t we be seeing treasury rates rise while stocks fall?
August 8, 2011 at 9:39 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716793ParticipantI’m not an economist, so maybe one can explain to me. If the S&P downgrade was such a big deal, why are people still pouring money into US Treasuries, driving it down to very low rates? Is it because the US is still the least worst of many worster options? (Yes, I just said ‘worster’).
And why is the media associating the current stock slide with the debt downgrade? Isn’t the stock slide due to Europe, unemployment, etc rather than the downgrade? If the downgrade had anything to do with the stock market, shouldn’t we be seeing treasury rates rise while stocks fall?
August 8, 2011 at 9:39 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717155ParticipantI’m not an economist, so maybe one can explain to me. If the S&P downgrade was such a big deal, why are people still pouring money into US Treasuries, driving it down to very low rates? Is it because the US is still the least worst of many worster options? (Yes, I just said ‘worster’).
And why is the media associating the current stock slide with the debt downgrade? Isn’t the stock slide due to Europe, unemployment, etc rather than the downgrade? If the downgrade had anything to do with the stock market, shouldn’t we be seeing treasury rates rise while stocks fall?
August 7, 2011 at 12:36 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #715613ParticipantWait, is this the same ratings agency that rated all that toxic sub-prime shit AAA?
August 7, 2011 at 12:36 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716303ParticipantWait, is this the same ratings agency that rated all that toxic sub-prime shit AAA?
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