This QE really drove these oil prices

There can be endless QE's but you will still blow your sim account Trader666, and after that you will come here to P&R and be Tsing's echo chamber.:eek:.
 
Max E. Pad said:
What are you talking about Christina Romer said that a tax increase of 1% of GDP would decrease real GDP by 3% over the next 10 quarters, Romer famously stuck the knife in Obama's back, and poo pooed his agenda with her paper.
Christina Romer Knows Tax Hikes Will Kill the Recovery
http://www.forbes.com/sites/charles...mer-knows-tax-hikes-will-kill-the-recovery/2/
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Forbes again! I love Forbes, but not for the usual reasons. That's a fine Paper by Christina and David Romer. I happen to have a copy of it in my office. Max, are you sitting down?, I fully agree with Romer's analysis. We definitely do not want to introduce anything like an across the board tax rate increase during a recession.

I haven't got time right now, but I'll get back to you on why I think she said what she did regarding Obama's tax proposal for those making over 250K/year, and try to go into some of the details of that much cited paper. Not saying I agree, or disagree, but saying I more agree than disagree with both Romer and Obama on that one issue at least. Does that make any sense? Probably not! I'll get back to you on this when I get a moment..
 
piezoe said:
That is a bizarre statement by Williamson. But he is not claiming QE doesn't affect prices.
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Come on, lets keep this real. There was not a single one of these QE pushers who was telling the people that they would have to pay over a dollar more per gallon because of the QE.

The working poor were paying considerably higher energy rates so that people like Warren Buffet could profit. Whats worst is this bastard is there lecturing everybody else. To top it off, he lobbies Obama to kill the XL pipeline because it would negatively impact his rail business.
 
Spike Trader said:
There can be endless QE's but you will still blow your sim account Trader666, and after that you will come here to P&R and be Tsing's echo chamber.:eek:.
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lol, you make Inspector Clouseau look brilliant by comparison.

One of your jackwagon buddies thought that I was "Trader666" and so you just parroted his idiocy. Per usual, you are completely incorrect, but I'm sure that you are used to it by now.
 
jem said:
of course 2 of those 3 things are bad misinterpretations of some slanted or meaningless data.
the cost of food and living was close to the tipping point.
there is very little real growth or move up opportunity in the economy and crude is getting crushed... which would not be happening if there were real economic growth going on here... which would then be exported to the rest of the world.

So yeah you can say good job mr. president by sabotaging our underlying economy and good jobs with tax hikes, obamacare and now cheap imported labor.
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Jem, I think you have expressed opposition to a federally mandated rise in the minimum wage. But don't you think we have to leave at least some residual capital with the lower middle class and minimum wage worker if we want to keep opportunity alive? Perhaps I should have said, "resurect opportunity from the grave".:D
 
wildchild said:
Come on, lets keep this real. There was not a single one of these QE pushers who was telling the people that they would have to pay over a dollar more per gallon because of the QE.

The working poor were paying considerably higher energy rates so that people like Warren Buffet could profit. Whats worst is this bastard is there lecturing everybody else. To top it off, he lobbies Obama to kill the XL pipeline because it would negatively impact his rail business.
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Let's look at this philosophically. The next time QE rolls around, you'll be well prepared. You'll know exactly what's going to happen. You'll go long equities, short the dollar and long oil. Ya'll be in tall cotton. :D
 
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Central bankers of the world buying everything they can get their hands and fists on, and jimmied up earnings on stocks. Keep it going as long as there's a dem in the white house!

You'll be amazed at how fast krugman and his et sheep do an about face and tell us the printing must stop if republicans get control of the white house. And it will have nothing to do with politics! When circumstances change, they change. What do you do, sir! I can hear it now.
 
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