Announcement

Collapse
No announcement yet.

Are the Democrats responsible for the U.S. financial crisis?

Collapse
X
Collapse
 
  • Page of 10
  • Filter
  • Time
  • Show
Clear All
new posts
Previous 1 5 6 7 8 9 10 template Next
  • #121
    This is what Bill Moyer was talking about last Friday on his show. Some call it financialization of the economy. You can see the growth of the futures market with this table. More and more of that growth is derivatives based on future expectations of things like housing prices.

    http://en.wikipedia.org/wiki/Financialization
    Attached Files
    I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
    - Justice Brett Kavanaugh

    Comment

    • #122
      Some interesting stuff on the CRA from Ezra Klein:
      Why would anyone listen to Ezra Klein on the financial crisis? He's 24 years old, has no experience in the financial world, has no higher degree in economics and his main area of expertise is in education policy. Is this really who you get your analysis from?

      Comment

      • #123
        Originally posted by Theben


        Moving away from your paycheck to paycheck job, leaving your support base of family and friends, when you have no money?!!
        Moving to Iowa where housing is cheap makes more sense than some of the ways I've seen people here use to buy homes: 3 couples going intogether to buy a 3-bedroom home; buying homes using loans that have adjustable-rate, interest-only loans, NINJA loans & just plain lying on the loan application.

        Comment

        • #124
          Why would anyone listen to Ezra Klein on the financial crisis? He's 24 years old, has no experience in the financial world, has no higher degree in economics and his main area of expertise is in education policy. Is this really who you get your analysis from?


          As opposed to you, who's reading obviously idiotically partisan op eds that can't withstand the slightest scrutiny? You still haven't responded to my post regarding GSE regulation.

          He's a pretty astute journalist who's reporting some basic facts. Do you contest them? If not, what's your point?
          "Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
          -Bokonon

          Comment

          • #125
            Chuck Calomiris is quite respected in economic circles. You would know this if you were an informed consumer of information, but you're obviously not since you think Ezra Klein has something of worth to contribute on this subject.

            Comment

            • #126
              I see, so you have no point. And you're not going to respond to me regarding GSE regulation. Kay.
              "Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
              -Bokonon

              Comment

              • #127
                Put another way...

                My source for analysis on the financial crisis? The Henry Kaufman Professor of Financial Institutions at Columbia University's Graduate School of Business.

                Ramo's source? Some 24-year old left-wing blogger who writes about education.

                Yet I'm the one who's "idiotically partisan."

                Comment

                • #128
                  Originally posted by Naked Gents Rut
                  Chuck Calomiris is quite respected in economic circles.
                  Respected like Milton Freedman and Alan Greenspan you mean?
                  I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                  - Justice Brett Kavanaugh

                  Comment

                  • #129
                    Put another way...

                    My source for analysis on the financial crisis? The Henry Kaufman Professor of Financial Institutions at Columbia University's Graduate School of Business.

                    Ramo's source? Some 24-year old left-wing blogger who writes about education.

                    Yet I'm the one who's "idiotically partisan."


                    Put another way, the only kinds of arguments that you're willing to use to defend your hackery are ad hominens.
                    "Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
                    -Bokonon

                    Comment

                    • #130
                      I was wondering, btw, where my mom got her "this is all Jimmy Carter's fault!" from. WSJ, no doubt.

                      -Arrian
                      grog want tank...Grog Want Tank... GROG WANT TANK!

                      The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.

                      Comment

                      • #131
                        Put another way, the only kinds of arguments that you're willing to use to defend your hackery are ad hominens.
                        You deserve mockery based on your performance in this thread. You have nothing of interest to offer on the subject. You're just a conduit for tedious spin from unqualified sources.

                        Comment

                        • #132
                          I predict that within 1 month NGR will be saying things like Canada is a totalitarian state and being a parent qualifies you to be president.
                          I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                          - Justice Brett Kavanaugh

                          Comment

                          • #133


                            Yet you're not contesting the basic facts reported by my "unqualified source," while you still haven't bothered to defend the hackery about GSE reform contained in your "qualified sources."

                            Talk about deserving mockery.

                            I have to add that it's pretty awesome you're relying on someone from a business school as your basis for argument from authority. Couldn't even find a real economist?
                            Last edited by Ramo; September 25, 2008, 15:30.
                            "Beware of the man who works hard to learn something, learns it, and finds himself no wiser than before. He is full of murderous resentment of people who are ignorant without having come by their ignorance the hard way. "
                            -Bokonon

                            Comment

                            • #134
                              I predict that within 1 month NGR will be saying things like Canada is a totalitarian state and being a parent qualifies you to be president.
                              Hardly. Canada is a great country, much saner than the United States. They even elect leaders who are qualified for the job, unlike Obama and Palin.

                              Comment

                              • #135
                                Originally posted by Naked Gents Rut


                                Hardly. Canada is a great country, much saner than the United States. They even elect leaders who are qualified for the job, unlike Obama and Palin.
                                Define "elect."

                                Comment

                                Previous 1 5 6 7 8 9 10 template Next
                                Working...
                                X