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  1. J

    A Must Read By Conservative David Brooks: 'The Worst-Case Scenario'

    A conservative writing about the economy is like a Flat Earth Society member writing about geology -- no credibility whatsoever!
  2. J

    Free Market Economic Ideas "have been tested, and they have failed."

    Good! Depression of 1807 1807–1814 Panic of 1819 1819–1824 Panic of 1837 1837–1843 Panic of 1857 1857–1860 Panic of 1873 1873–1879 Long Depression 1873–1896 Panic of 1893 1893–1896 Panic of 1907 1907–1908 ... with a track record like this, why on Earth...
  3. J

    Free Market Economic Ideas "have been tested, and they have failed."

    President Obama ripped into the obstructionists who are holding up the stimulus today. At the same time he took a sharp swipe at the free market / pro-business / anti-government crowd: "In the last few days, we've seen proposals arise from some in Congress that you may not have read but you'd...
  4. J

    AP Investigation: Banks sought foreign workers

    PROTECTIONISM is looking better and better.
  5. J

    For all the crybabies: Why not say "FU IRS" and leave the US?

    The premise of the question, 'will you still stay here if the tax rate hits 90%,' was so far removed from reality that I assumed it was rhetorical. One doesn't normally answer rhetorical questions. Regardless, my answer is the same. The proper response by an American citizen unhappy with a 90%...
  6. J

    For all the crybabies: Why not say "FU IRS" and leave the US?

    Sure, my grandkids will know that I stuck around and helped to fix the damage that the George Bush administration did when he and his corrupt bank buddies did when they didn't enforce lending regulations and allowed several multi-billion Ponzi schemes to balloon at the same time, dragging us...
  7. J

    For all the crybabies: Why not say "FU IRS" and leave the US?

    This should be renamed the "cut and run" thread. I'm born American, proud to be American, and will die an American. If America has to raise my taxes in order to remain solvent, strong and free, then I will do my duty and pay them. Patriotism isn't just saluting the flag, it's also pitching in...
  8. J

    Virus Killed My Harddrive-reformatted 3x+still Bad.

    I am SO glad I'm on Linux now. :p
  9. J

    Boehner, Republicans Vote Against Economic Recovery

    When zero Republicans voted for the economic stimulus package, and the same result is being threatened in the Senate, the message is clear: the Republicans are putting party first, the country second. It appears Boehner and his lockstep House gang are all following the Limbaugh Policy, which...
  10. J

    "Seagate Barracuda Hard Drives Plagued By Failures" -- Info Week

    Hopefully this is just a bump in the road for Seagate. I mean, I don't think this incident automatically demands consumers to say "I'll never buy another Seagate again." I hate to condemn a company for an error like this. If they can show that they can get their QA/QC up to snuff again then all...
  11. J

    "Seagate Barracuda Hard Drives Plagued By Failures" -- Info Week

    Me too! I was just getting ready to pull the trigger on a pair of refurbished 7200.11's when I spotted this. Now I'm going to have to order either Samsung or WDC's... probably going to go with the Sammy's. The F1 Spinpoint drives have been getting rave reviews for speed and quietness.
  12. J

    "Seagate Barracuda Hard Drives Plagued By Failures" -- Info Week

    From Seagate, the hard drive models with the defective firmware: Barracuda 7200.11 ST31000340AS ST3750330AS ST3640330AS ST3500320AS ST31500341AS ST31000333AS ST3640323AS ST3640623AS ST3320613AS ST3320813AS ST3160813AS Barracuda ES.2 SATA ST31000340NS ST3750330NS...
  13. J

    "Seagate Barracuda Hard Drives Plagued By Failures" -- Info Week

    also see http://www.theregister.co.uk/2009/01/18/barracuda_firmware_upgrade_and_recovery/ Failure rate is estimated 30% of 7200.11 drives. Seagate has confirmed officially that there is indeed a problem. The drives go into a permanent head park mode; no data is lost, but there's no way to...
  14. J

    How Obamanomics will bring us to prosperity!

    I'm a big believer in the scientific method. Observe and measure, then try to form conclusions around the data. OK, if we observe and measure, we see that since the Bush administration applied trickle-down, high tax cut, high deficit supply-side economics, the economy has become bloated with...
  15. J

    This Is What Caused The Crash ---

    Even if the banks are forced to lend it's not going to address the core problem with the economy. Our number one problem is that all of our economic policies are woefully unbalanced -- we have far too much supply-side stimulus and not enough demand side stimulus. Easier credit cannot create GDP...
  16. J

    companies that will benefit from the big three going under

    Of course Toyota and Nissan will take up the reduced market share -- no one else makes half-ton pickups like the big three. By reduced market share I mean if we let the big three go under, the U.S. economy will take such a big hit that the overall car and truck market will shrink. Maybe the...
  17. J

    Krugman on wage increase

    That's not so clear -- many discretionary products are imported, and therefore the minimum wage increase would not apply to the producer's cost to make those goods. Since the domestic wage earners would have more income, the demand for discretionary products would increase. Given the excess...
  18. J

    Keynsian economics is dead

    How about the Flat Earth theory of geology? Austrian school is a fringe theory, it is not respected by serious economists, and is a honeypot that draws crackpots from all over.
  19. J

    Warnings Of Secret Plans To Create International Central Bank

    Just because a crackpot gets elected to Congress doesn't make the crackpot any less of a crackpot.
  20. J

    Where does destroyed wealth go?

    Wealth is often a mirage! On 11/07/07 GOOG closed at $741 on about 8 mil shares traded. GOOG's float is 241 mil shares. Today GOOG is at $310 per share. An obvious statement that many journalists make is that GOOG has destroyed wealth equal to ($741 - $310)*241000000 total shares...
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