On the Fed's ability to control unemployment, and other silly Ricter thoughts...

Quote from bigarrow:

First the article talks about how marginally qualified borrowers will borrow more due to the low interest rates. Then he says the banks are wary of loaning to marginal borrowers.

“At 1%, marginal borrowers (the kind who are most likely to default) qualify for loans.”

“Talk about unintended consequences. The Fed's ZIRP punishes the prudent and rewards financier gamblers and encourages marginal borrowers who are tomorrow's defaulters.”

“The top 5% have improved their debt-income ratios, but the lower 95% don't qualify for new loans or refinancing. Now that the banks are weighed down with bad debt and writedowns, they are wary of loaning more to marginal borrowers.”
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Just because you cut and paste your question a second time, doesn't make it any more valid, you know. It was answered already. Now, if that's all you got, well by all means, spam it over and over again in the hopes someone with an IQ under yours (you can always hope) will think the point is still relevant.

But debate (or in your case the inability to do so) is about back and forth. So you posted what you thought was a contradiction. I addressed it. And instead of replying to my answers, you ignore them and pretend they never happen.

I get why you did it - because you honestly have no grasp of the topic. But it would be better to fade away instead of make it so obvious as to post the same comment over again, and make it so clear to everyone.
 
Quote from bigarrow:

I won our debate Tao. Good luck next time.
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You certainly won the trolling portion, that's for sure!

The only missing from the picture below (and how I picture you) is the double-wide!

Troll.jpg
 
Quote from Tsing Tao:

You certainly won the trolling portion, that's for sure!

The only missing from the picture below (and how I picture you) is the double-wide!

Troll.jpg
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"Debating" with Big Arrow is like debating with Peter Griffin (yes, the cartoon character).
 
Quote from denner:

"Debating" with Big Arrow is like debating with Peter Griffin (yes, the cartoon character).
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I admit to not being familiar with Peter Griffin, and had to wiki it. When it goes into the personality of the character, I have to admit, the likeness to bigarrow is astonishing:

Personality

Peter, a stereotypical blue-collar worker,[27] frequently gets drunk with his neighbors Cleveland, Joe and Quagmire at "The Drunken Clam," Quahog's local tavern.[28] After taking an I.Q. test, Peter discovered his low intellect falls slightly below the level for mental retardation. Peter is known for his brash impulsiveness, which has led to several awkward situations,[30] such as attempting to molest Meg in order to adopt a redneck lifestyle.[31] He is incredibly jealous of other attractions Lois has in her life, an attitude which has led to extreme situations, such as when he assaulted a whale that kissed Lois at SeaWorld.[32] In the third season episode "Stuck Together, Torn Apart", Peter and Lois split up because of Peter's jealousy, only to discover that Lois has the same character flaw and the two decide to live with their mutually jealous nature.[32] Peter has a very short attention span which frequently leads him to bizarre situations, as Chris points out in "Long John Peter", after Peter's parrot dies "He will get over it pretty quickly and then move on to another wacky thing", to which Peter finds a pipe organ and forgets about his parrot (Peter then destroys the pipe organ within seconds and then finds the deed to a cattle ranch)
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http://en.wikipedia.org/wiki/Peter_Griffin
 
Fact: the author of the article contradicted himself. And the article was poorly written.

Tao another great job of cut and paste, you got skills man.
 
Quote from bigarrow:

Fact: the author of the article contradicted himself. And the article was poorly written.

Tao another great job of cut and paste, you got skills man.
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original.0


"Ignore reality, and pontificate!"
 
Quote from bigarrow:

Again another great cut and paste and with a picture too. Very impressive Tao very impressive.
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Peter_302.gif


"When in trouble, repeat last comment over and pretend not to hear response!"
 
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