Cikomyr

Cikomyr

Joined Member # 2129601
9 Posts 105 Replies 21,060 Reputation

Well, I have to say I am glad to see that Palin didn't made a fool of herself in the debate! Except for a minor slip at the beginning, she have managed to get herself together. Somebody has been coaching her seriously about many topics, and that's very good to know. EDIT: I should have specified why exactly why I am actually glad. It's just that having a politician who really made herself a fool live on TV (but not just stupid slips, I meant TO BE MADE A FOOL) would have been complete

24 Replies 8,303 Views

[quote]I don't know why left-wingers are so quick to throw the word ignorant when they should know better. Smoothseas, if you want to call me ignorant, show your credentials. What is it you do for a living that could conceivably demonstrate that you are more familiar with this crisis than I.[/quote] I work for a fund managing firm and I have studied advanced financial mathematics, do I qualify? [quote]What exactly do you think an "exotic debt instrument" is? Do you even know o

102 Replies 47,529 Views

[quote]And a great many economists, and most from the very esteemed Chicago school, do not buy Keynes. Nor do I.[/quote] And many people still thinks Obama is a muslim, what's your point? Wether you believe in Keynes's theories, it is still the determinant factor in modern economies.

22 Replies 4,461 Views

That's you rationalisation, KFC? "Palin is the victim of the soulless medias who hate her"? "Katie Couric hated Sarah Palin, that's why she made her look terribly bad"? Sarah Couric is "on the opposite side of the spectrum"? How? Why? Because she asked question that were damned good ones to ask? "We don't know what happened when the camera was off". Wtf? What is that supposed to mean? That Couric slapped Palin before/after the interview? Are you merely throwing speculations at

24 Replies 8,303 Views

[quote] to resolve the issue of a bunch of greedy people (the bandks, the insurances, the politicians, and the people who bought the houses) created most knowing this counld happen but, like in Vegas, took a chance and lost and now are forcing us to fix this for them[/quote] Do you actually know what you are talking about?!?! The problem does not lies in having people who bought an overpriced house and not being to pay it back (well, actually, that's the original source, but it's not

16 Replies 17,826 Views

[quote]I have to say I am impressed to see that both Cikmyr and SanCho are actually against the idea of giving money back to the people. Gonna have to keep a back up of this article.[/quote] Giving a free large lump of money to the people? Hell yhea I'm against! The single best way of not wreaking the inflation while giving things to the people is by lowering taxes, not simply deciding to give money for.. err.. nothing? And then AGAIN, giving the money to the people would not

16 Replies 17,826 Views

[quote]I am curious about 1 thing though. Why is it that everyone always wants to bail out those people who bought houses they couldn't afford? Should they not get punished just as much as those who were greedy and tred to make a profit out of this dilemma we have today?[/quote] Ehh... It's not those who bought house at a junk mortgage who will be bailet out Nor is it the banks who allowed the mortgage who will be.. It's those who invested in the derivative pro

102 Replies 47,529 Views

[quote]Isn't he some kind of hero in Canada?[/quote] Not really. We are more aware of our healthcare's failures than anyone. He's really propagandist in his attitude. His documentaries are usually seen as such, save a few points. Just because some of OUR loonies put him as "the Rebel of America" means that all the country is the same.

102 Replies 47,529 Views

[quote]You know, McCain has also said things that would make you wonder if he is fit to the run the country. But then so has Obama and Biden, even Hillary did it. Are we to say that people aren't always gonna get the right answer every time? Last I checked we are looking for a human do run for President, not a God, though Obama seems to think otherwise. What they say does not always bother me, not unless they are constantly saying it over and over. It's what they do now and what they might do

24 Replies 8,303 Views

But the whole point of state interventionism - Keynes's philosophy - was to prevent another catastrophic crash. And this is what we are facing today. And Keynes's philosophy is the determining attitude of the federal governement right now - even Reagan hasn't stepped away from *that*. So I really don't see what we are betraying, if we are actually saving the economy as a whole from the stupid actions of a few.

22 Replies 4,461 Views

[quote]It seems I either must, or allow you to just remain ignorant when you make statements like the above. The problem is when people (governments etc.) try to set the real value! The road to hell and good intentions. That is the problem. I am sure your intentions are good, but your actions will only serve to hurt the situation[/quote] I haven't said "set", I've said "determine". In effect, trying to find out which side of the cycle we are. sadly, that's usually more guess game than

8 Replies 5,470 Views

[quote]That is the 2 edge sword. Now that the "fix" has been exposed, any hint of a bend towards Obama/Biden will queer the debate to Palin. Indeed, Ifill has to bend towards her, or her goose is cooked. So if Palin is as bad as you say, that will never come out.[/quote] I.. don't know. I mean, have you looked at the transcripts of her answer about the Bailout? [quote=COURIC]Why isn't it better, Governor Palin, to spend $700 billion helping middle-class families struggling wit

24 Replies 8,303 Views

[quote]I have a post facto prediction. Inflation goes up to 7-8% over the next 4 years.[/quote] Wait, is that the annual rate, or is it 7-8% in the next 4 years? Because, if it's the latter, we're in deep trouble, since it's below the U.S.'s target inflation rate, and it's symptomatic of economic slowdown - but that will probably mean that the dollars gained value.. hmmm... Well, if Palin acts in the debate like she acted in the recent interview she gave, and Biden don

56 Replies 19,655 Views

I personnaly think you are over-optimistic about the situation, Guy. The banks for the moment aren't "very sound", they are in panic mode. They haven't stopped their activity for the moment, but people just don't trust any sort of lending for the moment, and even the LIBOR rate is going trough the roof. Treasury bonds have sold at -1% only in the past months, which means people didn't trusted a bank to hold their money, they'd rather have the governement do it at loss. Sure, the avera

22 Replies 4,461 Views

[quote]I agree wit DrGuy, this will only show everyone that you can always count on the Gov't to bail you out rather than teach a lesson as to not to let this heppen again. I have to believe there are other ways to do this, throwing money at something does not always fix the problem. We need a solution that does not bail out the guilty parties, one that will fix the problem and make sure it does not happen again without rewarding people for their mistakes. Otherwise, to be fair, ma

22 Replies 4,461 Views

[quote]I just want to see fair play here. Any indication that Gwen is picking on Palin will automatically mean that Democrats don't deserve to win.[/quote] But.. have you seen the recent interviews given by Palin? She was digging her own grave! Just the way she answered about the Bailout or her foreign policy's credential, or McCain's roadtrack about legislating financial companies... It's not like the interviewer was out to make her look bad, she said all these things herself! <

24 Replies 8,303 Views

[quote]I just personally don't like the idea of people buying a ton of cool stuff on credit cards and then expecting someone else to pay the bill for them. (this is just an example).[/quote] No, you are 100% right. But we are now facing the dilemma of: - Making these people pay for their stupid actions, but wreak the economy long-term - Bailing these people out, and allow everybody else to continue have a potentially fulfilling life I.. initially disagreed with

23 Replies 8,091 Views

[quote]In comparison to what? Currencies always fluctuate. For most of the 80s and 90s, the Dollar lorded it over other currencies to the detriment of those currencies (but not much else). What goes up, must come down. Unlike what many would like you to think, there is always a down side, and the fluctuations of the currency help keep nations in balance. When the dollar gets too low, it will rebound, and not before. What can kill it are things like the bailout where a country decid

8 Replies 5,470 Views

[quote]Kinda like how the current Congress is controlled by the Democrats yet they could not pass the bailout bill and blamed the Republicans for it even though 90 Democrats voted against it.[/quote] Yup! My point exactly. And the morale of this story children is... STOP TRYING TO FIND WHO'S FAULT IT IS AND FIX THE DARN THING BEFORE IT BLOWS UP!!!

54 Replies 17,568 Views

Okay.. first.. Grab a calculator sis, and do the math. Let's say on;y 2/3rd of the population is more than 18, that still leave you with about 205 million people in the U.S.A. Please try to divide 700 billion by 205 million... ... .. done? Yhea, it adds up to about 3400$/person. Which is... err.. slightly less than what you promised us. Now that I've blown up your initial statement, let's see how doing exactly that would wreak the economy even more: 1-

16 Replies 17,826 Views

[quote]You may wanna point to Bahu first since he was the one blaming Republicans. Of course I would not expect you to say the same to him. But just as you said, Democrats are majority and they had the chance to get this done but failed and their only excuse was to point to the Republicans, as usual. This is suppose to be bipartisan, an idea meant to help all Americans regardless of party affiliation, but Democrats continue politics as usual always blaming Republicans for everything they scre

22 Replies 4,461 Views

[quote]This is a clip of a Congressional Banking and Finance Committee hearing on regulating Fannie Mae....it's proof the Democrats, including Barney Frank, wanted no part of regulating Fannie Mae. You'll see a guy from Fannie Mae being questioned....Franklin Raines....He's the guy who works for Obama as his chief ecomomic advisor. Raines was knee deep in Fannie Mae.[/quote] Even so, at the time, who was controling Congress? Who was the majority in both Higher and Lower chambers? Who

54 Replies 17,568 Views

[quote]Other currencies are falling as well, including the euro. I wouldn't worry too much.[/quote] Since what's relevant is the relative value of the dollar compared to other currencies, then you should worry, since the USD is extremely low now. But then again, the currency is not a problem by itself. It's more like a side-effect to all the other problems America has had in the past 10 years.

8 Replies 5,470 Views