| User Info
| Income And Spend: What's Good In Here? in forum [Market-Ticker]
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N9lhm
Posts: 92
Incept: 2010-01-28
South Bend, IN
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Yeah, we're just stuck in a holding pattern.
Was looking forward to your comments yesterday about jobless claims and GDP.
Will we QE3 or won't we? All the numbers seem to be looking too bad to not do it, damn the consequences..........
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Frat
Posts: 1939
Incept: 2009-07-15
NKY
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So... We could have given every American approximately $2k tax-free for about the same amount as QE2 cost us? That $2k, while still a waste of debt cash, would have helped ME more. My household would have gotten $8k and paid bills and taken on a capital project for the house.
Just sayin' - if we're gonna take on more debt to just blow it, that would have benefitted me much more than QE2, without the insane price ramps.
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We're ****ed. Where's Henry Bowman when you need him?
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Bagbalm
Posts: 4321
Incept: 2009-03-19
Just North of Detroit
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Fail for the little people. Was never an objective to protect them. The bankers are doing fine.
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Susanjbear
Posts: 419
Incept: 2010-06-10
Salt Lake City, Utah
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Rest assured, Karl, some idiot economist will come along and try to spin this saying the upticks in personal and disposable income are signs of recovery.
Just ignore the increases in food and gasoline prices and ignore how people are taking the "default" option on their mortgages. In other words
income - [life] = + = WIN !
It's like Wall Street not considering those pesky one-time charges on the balance sheet.
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Susan
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Reven
Posts: 1009
Incept: 2009-01-27
Banned
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I find it quite odd that treasury yields are falling. Who is going to buy at these ridiculously low rates when the Fed stops?
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"We are now paying for the funeral of Keynesian theory." -Eric Sprott
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Dji
Posts: 1249
Incept: 2009-04-21
Ponzi world 3rd rock from the sun
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Frat You mean trickle up economics? The Bernank never got the memo. besides you are supposed to go to your nearest bankster for a 8k loan with 19.9% interest because the banksters need more of your money. 
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Don't be a bag holder-Me
What goes up Must come Down- Alan Parsons Project
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Wonderdawg
Posts: 158
Incept: 2010-01-23
Southeast USA
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Investors will buy Treasuries when the stock market tanks. Gold will probably benefit, too, but Treasuries are still the best of the worst when the flight to safety takes place.
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Mannfm11
Posts: 3606
Incept: 2009-02-28
DFW, Tx
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Hard to say the Fed has done anything but raise the cost of gasoline. At $100 billion a month, I would suspect they were supporting $100 billion a month in demand, the growth being about half of that. Looks like we are coming to the bend in the creek where the sewer plant dumps in.
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The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
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Obseedian
Posts: 11885
Incept: 2007-07-26
BBRY Central
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No meaningful gains in Real PCE -> Decrease in employment due to productivity gains.
Of course, it will be "unexpected".
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Tbessi
Posts: 77
Incept: 2010-05-10
Elkhart, IN
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Karl, so basically the government is unable to beat the massive deflationary forces regardless of their spending.
In your opinion is the inflationary forces in food, gas etc. truly prices going up due to the Excess money by FED and the price discovery mechanism of the market chasing more dollars or is it more due to speculation by traders running to necessities at the same time?
i.e. the inflation we are seeing is a head fake caused from all the investors gambling for return.
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Ktrosper
Posts: 1509
Incept: 2010-04-06
ft collins co
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Frat wrote....that would have benefitted me much more than QE2... Frat, the folks who benefitted from QE2 are in a pretty big club, and you're not in it! (paraphrasing George Carlin)
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The unexamined life is not worth living.-Socrates
The only stable state is the one in which all men are equal before the law.-Aristotle
Liberty exists now in the spaces government has not yet chosen to occupy.-Doc Zero
I anticipate that 10 Dallas Cowboys Cheerleaders will blow me this evening.-K.D
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Themortgagedude
Posts: 8891
Incept: 2007-12-17
saint louis
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There hasn't been a sign of recovery in the economy since I entered the work force in 1985. Twenty five years of fail. From Reagan to Obama. A clean sweep of failures. I was a bank examiner in 1985-1990. What we should have done at that time was to take all the fraud out of the banking system. Instead we locked up a few people and turned the rest of the system loose with looser regulations.
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I'm already visualizing you with duct tape over your mouth.
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Yaldor
Posts: 2690
Incept: 2008-05-17
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Indeed a gigantic fail - but people feel better about the economy.
Is it all inflation ? Does inflation make people feel rich ?
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For every crash the probability of someone showing that he predicted it is near 1 .
For every prediction of an imminent crash the probability of it being correct is almost zero
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Genesis
Posts: 131401
Incept: 2007-06-26
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TMD, look at the speculation/consumption debt-adjusted GDP series. Negative 4.x% annualized for every year since 1983.
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I don't care if it makes sense -- only if it makes money. -- Me
Bank (n): See scam, fraud and theft. Eat a bankster -- they're low-carb.
What part of "shall not be infringed" was unclear?
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Themortgagedude
Posts: 8891
Incept: 2007-12-17
saint louis
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And now we won't even lock up a few people. They should have let Dr Black take care of this mess then. Instead they gave him an attaboy and let the bankers turn it up to 11.
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I'm already visualizing you with duct tape over your mouth.
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Themortgagedude
Posts: 8891
Incept: 2007-12-17
saint louis
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yep Gen. A failure to recognize a structural problem in the 1980's has led us to this.
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I'm already visualizing you with duct tape over your mouth.
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Tumblebug
Posts: 430
Incept: 2010-03-04
Oceania
Banned
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I wonder how much of that is due to the 2% knock off of SS tax?
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Tinsu
Posts: 43
Incept: 2009-09-18
New Lenox, IL
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Does QE2 end on a fixed date or when the Bernak uses up the remaining funds? I have not been able to find an end date. Any ideas?
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