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[quote=briansd1][quote=paramount]
Yah, because all of those [known] trillions spent by the fed has really been helpful….[/quote]

They kept us out of recession, provided low mortgage rates for people such as flu to enjoy. Large corporations are flush with cash.

The money lent out by the Fed will eventually all be paid back without any loss to taxpayers.[/quote]

Do you really believe this? The fed actions will end up being a cure that was worse than the disease.

Sure, the feds can keep the ponzi scheme going for a long time, but it will end.

As far as keeping us out of a recession, I’m not so sure of that – inflation numbers are phony which makes gdp appear stronger than it actually is – and even if it technically kept us out of recession it wasn’t by much.

You can’t beat the fed they say, but even the fed can’t beat the markets over the long run.

With unemployment/underemployment so high, low interest rates – which can and does have negative consequences – aren’t helping all that much.

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[quote=briansd1]Had the ECB announced bond purchases at the beginning of the crisis, the action would have been more effective.

Our Fed acted fast and decisively, even providing Dollars to foreign central banks. In contrast, the ECB was dithering while the economy was deteriorating. That’s the difference.[/quote]

Yah, because all of those [known] trillions spent by the fed has really been helpful….

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You should try to shake hands as often as possible, it’s an immune boosting exercise.

Well, I guess that assumes you have a healthy immune system, if not; go asian style.

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BTW, I have a feeling we’ll get strong employment numbers tomorrow.

Just like the bump today that coincided with Obama’s speech, it’s all contrived.

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As yahoo financial pointed out yesterday, current action on the stock market is perverse: bad news is really good news!

Just pay attention to the gold price, a more truthful barometer.

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Car, I honestly don’t know of anyone who would agree with you who doesn’t work for the gov’t.

Parity is desperately needed, I have family to feed too.

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6 Figure Meter Maids

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[quote=CA renter] I can show you thread after thread where these idiots have had their asses handed to them by those of us who actually spin the subject and can back up our arguments with MORE SPIN.

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Car, I guess public employee unions can own the spin, but not the facts.

And the fact is, California public employee unions are bankrupting California cities and the state, and it’s not due to prop 13, it’s due to the excessive high cost of gov’t workers on the public dole due to the political power of their beholden politicians.

Even Willie Brown knows this as a fact.

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[img_assist|nid=16635|title=No on Prop 30|desc=|link=node|align=left|width=643|height=600]

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This is a good discussion.

I provide my tenant a refrig as a convience/courtesy; if it breaks it’s soley my discretion if I want to replace it – otherwise it’s on the tenant.

My tenant finally left for good today, I decided to pull up the carpet and determined the entire house needs to be re-carpeted (cat/dog urine stains).

Of course he (tenant) is denying any damage from his pets and blaming me.

He stated he spoke with an attorney who told him that I would have to prove a pet never was in the house prior to the tenants occupancy.

How do I prove I never has an animal in the house (which is the case)? (sorry for the thread hi jack)

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And remember, whatever you do:

NO ON PROP 30!!!!

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California public/govt employee unions make the Chicago union political machine look like childs play.

And this week we had phony pension reform proudly announced by Gov. Jerry “Moonbeam” Brown.

As a HJ rep stated, the only way real pension reform happens is through a change to the state constitution. And reform is not the answer, pensions need to disappear for govt workers.

I heard a stat today: If you work in the private sector in California and live in California, you will pay more than $23,000 over the next 2 decades for some damn gov’t worker to retire in a way you in the private sector can only dream of – and that’s just for gov’t worker retirement benefits alone!

The best thing to do is to get out California, the pension liabilities are already bankrupting cities in California.

California’s gov’t employee unions have absolutely DESTROYED California. No question about it.

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If they can get to the internet they can learn anything and everything they need to know.

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If I had to leave Cali, I wouldn’t mind moving to NYC – but I hear the job market is tough in and around NYC.

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I’m sure this is not news and I won’t go into details except to say that defense is getting hit pretty hard right now in San Diego.

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