On Mon, 22 Feb 2010 10:47:25 -0500, wrote:

On Mon, 22 Feb 2010 04:50:29 -0500, bpuharic wrote:


which is, in effect, what the bill was

thanks to gramm

So you are discounting the testimony of Greenspan, Geithner and
Summers in front of the banking committee as having any effect at all
and laying the whole thing on Gramm.
Interesting spin.

none of those guys was in congress. although i DO blame them for being
the apostles of free market fundamentalism and channeling milton
friedman.

nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
...


bpuharic wrote:


On Sat, 20 Feb 2010 18:27:36 -0700,
wrote:




On 20/02/2010 4:28 PM, your kind of guy wrote:



On Sat, 20 Feb 2010 16:12:46 -0700, Canuck57 wrote:




US isn't going to go belly up, but take a step down the economic
ladder,
you bet. China is growing like the US is shrinking as a percentage
of
world GDP.



We all knew that when W.Bush was making a dope out of the Republicans
for
eight years. jeeesis, were you locked up at the time.



Ya, but the real dope is in office:

http://en.wikipedia.org/wiki/Nationa...idential_terms

Busy morgaging your future.

Look a the Barack Obama world record debt increase of 35%!!!!!!!!!!!



http://www.cbpp.org/cms/index.cfm?fa...36&emailView=1

the racist ignores the fact bush caused the deficits that obama is
trying to manage

the white guy caused it. so he blames it on the black guy.



Half black.


No problem. You're full blooded racist, apparently.



Why does the truth turn you into a confrontational bitch?


Why is a "VP of Sales" impersonating a 12 year old.


Lame spin. No problem. You're full blooded racist, apparently.

"Bruce" wrote in message
...
nom=de=plume wrote:
wrote in message
...

nom=de=plume wrote:

wrote in message
...


bpuharic wrote:


On Sat, 20 Feb 2010 18:27:36 -0700,
wrote:




On 20/02/2010 4:28 PM, your kind of guy wrote:



On Sat, 20 Feb 2010 16:12:46 -0700, Canuck57 wrote:




US isn't going to go belly up, but take a step down the economic
ladder,
you bet. China is growing like the US is shrinking as a
percentage
of
world GDP.



We all knew that when W.Bush was making a dope out of the
Republicans
for
eight years. jeeesis, were you locked up at the time.



Ya, but the real dope is in office:

http://en.wikipedia.org/wiki/Nationa...idential_terms

Busy morgaging your future.

Look a the Barack Obama world record debt increase of 35%!!!!!!!!!!!



http://www.cbpp.org/cms/index.cfm?fa...36&emailView=1

the racist ignores the fact bush caused the deficits that obama is
trying to manage

the white guy caused it. so he blames it on the black guy.



Half black.


No problem. You're full blooded racist, apparently.



Why does the truth turn you into a confrontational bitch?


Why is a "VP of Sales" impersonating a 12 year old.


Lame spin. No problem. You're full blooded racist, apparently.


Have a cookie. You'll feel better!

--
Nom=de=Plume

On Mon, 22 Feb 2010 20:30:17 -0500, wrote:

On Mon, 22 Feb 2010 18:11:32 -0500, bpuharic wrote:

On Mon, 22 Feb 2010 10:47:25 -0500, wrote:

On Mon, 22 Feb 2010 04:50:29 -0500, bpuharic wrote:


which is, in effect, what the bill was

thanks to gramm

So you are discounting the testimony of Greenspan, Geithner and
Summers in front of the banking committee as having any effect at all
and laying the whole thing on Gramm.
Interesting spin.

none of those guys was in congress. although i DO blame them for being
the apostles of free market fundamentalism and channeling milton
friedman.

Ayn Rand was Greenspan's guru.

OI am not a Johnny come lately on this. I was telling people in the
90s that the great economy we were hearing about was an illusion.

i gotta admit i was a bit hoodwinked by the free market fundies. i've
always been a 'social democrat' but took a few economics courses, read
friedman, and didn't appreciate that the size of the US economy could
hide a bubble the size of the one we just went through.

what i've learned is that economics is guesswork. i'm a chemist. if
we knew as little about chemistry as economists know about economics,
the atmosphere would catch fire every time someone lit a match.

"bpuharic" wrote in message
...
On Mon, 22 Feb 2010 20:30:17 -0500, wrote:

On Mon, 22 Feb 2010 18:11:32 -0500, bpuharic wrote:

On Mon, 22 Feb 2010 10:47:25 -0500, wrote:

On Mon, 22 Feb 2010 04:50:29 -0500, bpuharic wrote:


which is, in effect, what the bill was

thanks to gramm

So you are discounting the testimony of Greenspan, Geithner and
Summers in front of the banking committee as having any effect at all
and laying the whole thing on Gramm.
Interesting spin.

none of those guys was in congress. although i DO blame them for being
the apostles of free market fundamentalism and channeling milton
friedman.

Ayn Rand was Greenspan's guru.

OI am not a Johnny come lately on this. I was telling people in the
90s that the great economy we were hearing about was an illusion.

i gotta admit i was a bit hoodwinked by the free market fundies. i've
always been a 'social democrat' but took a few economics courses, read
friedman, and didn't appreciate that the size of the US economy could
hide a bubble the size of the one we just went through.

what i've learned is that economics is guesswork. i'm a chemist. if
we knew as little about chemistry as economists know about economics,
the atmosphere would catch fire every time someone lit a match.


Economics... the dismal science.

The allure of free market capitalism is strong. And, there are lots of
psychological factors that are included, so it's not just that economic
numbers can be complicated, but there's a strong individual psychology at
play as well. Fun classes, but I never liked micro that much. Macro is more
interesting.

--
Nom=de=Plume

On Mon, 22 Feb 2010 18:35:18 -0800, "nom=de=plume"
wrote:

"bpuharic" wrote in message
.. .
On Mon, 22 Feb 2010 20:30:17 -0500, wrote:


Ayn Rand was Greenspan's guru.

OI am not a Johnny come lately on this. I was telling people in the
90s that the great economy we were hearing about was an illusion.

i gotta admit i was a bit hoodwinked by the free market fundies. i've
always been a 'social democrat' but took a few economics courses, read
friedman, and didn't appreciate that the size of the US economy could
hide a bubble the size of the one we just went through.

what i've learned is that economics is guesswork. i'm a chemist. if
we knew as little about chemistry as economists know about economics,
the atmosphere would catch fire every time someone lit a match.


Economics... the dismal science.

The allure of free market capitalism is strong. And, there are lots of
psychological factors that are included, so it's not just that economic
numbers can be complicated, but there's a strong individual psychology at
play as well. Fun classes, but I never liked micro that much. Macro is more
interesting.

my academic exposure to economics is limited to 2 courses i took in
grad school. i think the attractiveness of the free market idea is
it's simple. economists can play with it without getting their hands
dirty in the real world.

but when you look at the track record of economists in predicting the
outcomes of their theories, it's literally no better than guesswork.

i come at this from a physical science orientation, having an MS in
chemical physics. quantum mechanics and thermodynamics don't leave
alot of wiggle room in the accuracy of their predictions (eg the lamb
shift is accurate to 11 decimal places).

economics is breathtaking both in its simplicity and in its
inaccuracy.

and i agree, macro is much more interesting than micro.

On Feb 22, 6:32*pm, "nom=de=plume" wrote:
"Bruce" wrote in message

...



nom=de=plume wrote:
*wrote in message
...

nom=de=plume wrote:

* wrote in message
news:sKGdnR5zcN0ROx3WnZ2dnUVZ_rqpnZ2d@giganews .com...

bpuharic wrote:

On Sat, 20 Feb 2010 18:27:36 -0700,
wrote:

On 20/02/2010 4:28 PM, your kind of guy wrote:

On Sat, 20 Feb 2010 16:12:46 -0700, Canuck57 wrote:

US isn't going to go belly up, but take a step down the economic
ladder,
you bet. *China is growing like the US is shrinking as a
percentage
of
world GDP.

We all knew that when W.Bush was making a dope out of the
Republicans
for
eight years. jeeesis, were you locked up at the time.

Ya, but the real dope is in office:

http://en.wikipedia.org/wiki/Nationa...idential_terms

Busy morgaging your future.

Look a the Barack Obama world record debt increase of 35%!!!!!!!!!!!

http://www.cbpp.org/cms/index.cfm?fa...36&emailView=1

the racist ignores the fact bush caused the deficits that obama is
trying to manage

the white guy caused it. so he blames it on the black guy.

Half black.

No problem. You're full blooded racist, apparently.

Why does the truth turn you into a confrontational bitch?

Why is a "VP of Sales" impersonating a 12 year old.

Lame spin. *No problem. You're full blooded racist, apparently.

Have a cookie. You'll feel better!

--
Nom=de=Plume

Get fresh batteries. You'll feel better!

wrote in message
...
On Mon, 22 Feb 2010 18:35:18 -0800, "nom=de=plume"
wrote:

Economics... the dismal science.

I agree. One of my internet friends was an economics professor at a
large midwestern university and now he works at the fed. I had these
arguments with him about the illusion of prosperity in the 90s and he
simply could not imagine a housing collapse on the scale we had.
I am also not much of a fan of the MBA programs. We have people with
business degrees who were taught by 3d generation professors who never
actually ran a business.
Just to put this in a perspective you can understand, GW Bush has a
Harvard MBA degree.

I worked for a company started by a Stanford MBA professor. Company did not
do well until they brought in Ray Noorda to turn it around. A couple years
ago, I am talking to a guy who took a course from him at Stanford. He told
of a guy in the class from France. He said one of the only guys on campus
with a Ferrari. He got in a debate with the teacher and the prof said that
was just the way it is. French guy closed his book, got up and left
Stanford over the idiocy. Went back to France and started Swatch Corp. Not
real business experience in the teacher land.

Canuck57 wrote:


My typo. Breed. That is the worst part of you, you might breed or have
already.

Stick this into you Obama is so good...shows what happened when Obama
became el presidente.

http://tinyurl.com/ycwcnfm

Hey, Obama I see you lips move, but where is the walk?? LOL Obama I am
sure has some limp excuses for this chart. And given this is a long
recession, it is now safe to call it a depression!!! The Obama Depression.

Cannuck, ever think you're talking to crazy people?
Yep. Wish we had you down here in the States to get things right.

Lib - Can't see a smart man - because they're crazy.

On 23/02/2010 5:55 PM, Jim wrote:
Canuck57 wrote:


My typo. Breed. That is the worst part of you, you might breed or have
already.

Stick this into you Obama is so good...shows what happened when Obama
became el presidente.

http://tinyurl.com/ycwcnfm

Hey, Obama I see you lips move, but where is the walk?? LOL Obama I am
sure has some limp excuses for this chart. And given this is a long
recession, it is now safe to call it a depression!!! The Obama
Depression.

Cannuck, ever think you're talking to crazy people?

Yep.

Yep. Wish we had you down here in the States to get things right.

Need a GC.

Lib - Can't see a smart man - because they're crazy.

Agreed, blinded by the turds.