Tea Party "dying on the wrong hill"?

Quote from Lucrum:

Odd, I was thinking the same of you. So you're going to argue the sky is not blue so to speak?

If I shoot myself in the foot I don't need someone else giving me an "interesting perspective" telling me how it doesn't hurt as much as I know for a fact it does. Anyone claiming $14 + trillion isn't a problem is delusional inept or both.

People here who read the article can at least question the assumption that interest rates will always be so low. Without having read even that far through the article, much less the whole piece, your opinion is worse than useless, it repeats (what could be) misunderstanding, thus reinforcing it.

Stick to your pictures!
 
Quote from Ricter:

You think you know, as I told Max, you've already got your mind made up regardless of what you see.

If you read an article that started out by saying 2+2 is 7 would you have your mind made up as it pertained to the validity of the article?
 
Quote from Ricter:

Oh, I was going to answer, but first I wanted to give you the data that might help you make sense of my position, particularly my lack of worry.

Edit: Re the socialist question. You must have missed it, but I've admitted in several threads that I'm a commie.

I missed that.

Are you being flippant or do your really believe in communism?

I'm not demeaning you and not trying to be offensive. I've read your posts and I'm thinking about what you've written. I've read that you are a somewhat successful capitalist. How does that square with communism?
 
Quote from 377OHMS:

I missed that.

Are you being flippant or do your really believe in communism?

I'm not demeaning you and not trying to be offensive. I've read your posts and I'm thinking about what you've written. I've read that you are a somewhat successful capitalist. How does that square with communism?
He's also in the oil industry and he's a fervent man mad GW zealot as well. Ricter is the epitome of hypocrisy.
 
Quote from Ricter:

People here who read the article can at least question the assumption that interest rates will always be so low. Without having read even that far through the article, much less the whole piece, your opinion is worse than useless, it repeats (what could be) misunderstanding, thus reinforcing it.

Stick to your pictures!

images
 
Quote from seneca_roman:

IMO, the current debate is not about debt but rather what is the proper role of government in society.

Dems and Obama want to move more towards a Euro nanny state, and the "Tea Party" wants to move towards a "less is better" approach. The debt and deficits are the chosen tool for this debate.

Seneca

Exactly right.

The Tea Party is saying, this stops here. That's why the traditional republicans can't understand their reasoning. Guys like McCain are incredulous. We're getting a good deal, they say. Why not get on board? The Tea Party guys are trying to say, because we don't want a seat on this train. They'd prefer it to just stop, but if they have to derail it, they're willing to.
 
Quote from Max E. Pad:

If you read an article that started out by saying 2+2 is 7 would you have your mind made up as it pertained to the validity of the article?

There was a joke once among mathematicians like that.

1+1>2
(for large instances of one)

You wouldn't get the joke if you didn't read the whole thing.
 
Rates will go up, crisis or not. When rates do go up, and they will, they will go up higher and faster than anyone thinks possible right now. The Fed has 2 mandates.....employment and inflation. They can't fight both ALL THE TIME. And when inflation takes hold, which it will, the Fed will have to choose and they will choose to fight inflation. They can't walk away from that, and they can rightfully make the argument that employment is more linked to fiscal policy than monetary policy. And they have nothing to do with the former.

I've moved a substantial amount of $$ into TIP over the past month.
 
look the USA has a net worth of $56 trillion, were hardly broke, not even close, there isnt one person on this site who doesnt have a good working relationship with numbers. gotta take granddaughters to chuck e cheese, gotta pump up the economy, good luck this week ladies and gentlemen, may you profit handsomely.
 
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