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The problem with this ideology is that when acknowledged and accepted by a significant percentage of the population ushers us all towards a catastrophic end. If everybody thinks that they can take shortcuts to riches, if everybody gets in on the ponzi finance scheme, well then we are all...

These sound like ripe material for bumper stickers,

Funny, but the grade inflation looks like a mirror image of overall inflation. Would make for an interesting research paper. i.e. Do universities feel the need to "make it easier on students" when asking parents to pay annual 6-8% tuition increases year after year? Do they implicitly guarantee...

Exactly, cycles are one thing, but the arrogance of policy makers is another thing altogether. I'd argue it has a great deal more to do with generational attitudes towards policy response. It's become crystal clear that every financial "event" is met with more intervention, until finally...

Funny how the f'd up Japanese "solution" to their busted bubble is now cited by these assholes who love to defend ZIRP. "It is what it is", anybody who I come across who uses that phrase is a bonafide jerkoff without fail.

In 1993 they still had clear titles, nowadays quite a different story. In fact, as cynical as I am, I've been somewhat amazed that so much of it has come to light. I have to believe that many of these banks underestimated the power of the blogosphere in uncovering alot of this. Going...

It does to me (cereals) and I've tried every one of them. I should clarify though, it's not the generic store brand, rather a large grocery chain that sells their own in-house label, so it's not necessarily generic, but even cheaper cost-wise that supermarket generic items.

Yes, as they say "common sense is not so common", you clearly have it, and most people do not as I routinely see people go to the local grocery store, buy full price items and even when they buy the discount items, they feel too embarassed to use the discount card, lol. Another thing worth...

You guys are such incompetent fools, you'll never survive the next 10 years. Here is a novel idea, SHOP AROUND. I've bought 2 liters of coke in the past week for 88 cents! I buy things on sale, avoid full price items, and guess what, prices haven't gone up for many items. It's really...

Yeah, that is the jist of it. Spoon feed out the invetory, often thru backdoor channels, not to upset the equilibrium of prices or their own form of "price fixing" via a lack of transparency. I've seen first hand houses I knew to be in foreclosure for long periods of time completely hidden...

Exactly, not even counting the number of homes fraudulently foreclosed on, the number of homes will clouded title, etc, etc.. The folly in all of this is that THEY ACTUALLY THOUGHT THEY COULD PAPER THIS ENTIRE EPISODE OVER! Once again, the Fed proves incredibly incompetent at generating...

You're a genius, that is exactly what he just said. Note to the clueless one, crude oil has been on a tear for much longer than the past 2 months or so. btw, tell us what sort of inflation the Fed wants. Please be specific.

It's like sitting in a bar listening to a drunk just continue to invent more and more ridiculous claims to substantiate the original lie.

That tepid comment of his will become another part of his legacy, an Obama-ism, just like the last hack we had with all of his "Bush-ism's". First off, it's not 1974 and cars do get respectable MPG's, but that by no means lessens the pain of a doubling in the f'ing price of gas in 2 years.

End corporate welfare and social welfare. Wasn't that easy? Now both the left and the right are confused about the appropriate rebuttal.

I'm not blaming the Fed for congress' spending problems, I am suggesting that you are myopic if you believe that the Fed simply sits idly while congress continues to ratchet up spending. There is a great deal of money to be made with the government continuing to expand their budget, hence they...

Full of shit as usual. 1. Of course there were periods of inflation and deflation prior to the Fed, what is your point? As it currently exists, the Fed essentially picks favorites with regards to whom continues to survive and who will fail. That is a significant difference from prior...

True enough, but I refuse to ignore the overwhelming influence of central banks and their role in distorting asset prices. In my opinion, they collude when necessary and otherwise provide the fuel necessary for the speculative community to bid up prices to illogical distortions due to the...

While the middle class abides by the economics of raising a child (and the recessionary decline in child births), I'd be curious to see the statistics amongst the lower classes that have been subsidized to pump out multiple babies to receive greater government support. This gets right to the...

How can you seriously not comprehend your own contradictions? And you ask if I have no brain. LOL Deflation is the natural chain of events following a Fed induced credit bubble. So the artificial reflation needed to create inflation is completely at odds with your "I'm in favor of small...