YellowLinesandArmadillos

Agreed, but that doesn't negate the theory just that it was misused. Kinda like calling Marxian Analytical theory Communism, big difference. You mean bastardized Keynesian theory. Generally agree but too simplistic a statement. LBJs program were as much a social/political reaction to the times then actual theory in practice. Agree! By any chance are referring to Adobe Acrobat among others?

Sorry, had too many thoughts going and my fingers couldn't keep up. Not sure I could clarify at the moment.

"Was" ...Touche

Hail Mary!

Noice analysis, I have always said this country when the crap hits the fan has the unbelievable ability to ignore its politicians! This is a good thing. Interesting comment on cheap money. From my perspective, I couldn't agree more, I just got a business credit card with lots of access to cash cheaply. All I have is $20,000+ in photography and computer equipment. P.S, The computer equipment loses value faster than I can spit, but the photog stuff at my end still holds value.

Can't argue with anything you just said above. My macro econ 101 book was put away three years ago when I left the Hill, I deal only in balance sheets and maximizing profits as a small business owner now, micro 102. My only question for you is that I thought what you wrote about Keynes was more socialism then Keynesian, how would you differentiate the two or would you? As far as your question on 3 goes, I think that the monetary supply being "too great" is both a solution, but also right now the problem. Money when the real estate market recently became over leveraged and money was still too accessible. There was great political pressure on all sides to keep it this way, but rates should have been raised a lot sooner than they were. The effect would have been to tighten credit requirements earlier and lessened the extent of the current problem. Politically, it probably would have been suicide, Americans were drunk off lots of money at home while the value of dollar was still sky high and changes couldn't have occurred until some negative consequences started happening. Not sure when this should have occurred but sooner than it did.

Ok, I respectfully disagree, I think your definition is one of Socialism, not Keynesian. I know how we all feel about wiki, but here is its definition in short: http://en.wikipedia.org/wiki/Keynesian or PBS http://www.pbs.org/wgbh/commandingheights/...siantheory.html

I think you misunderstand my response, I was being sarcastic. I understand fully Laissez Faire econ. Don't think you understand Keynesian. Supply side econ only works when money supply is too great because it doesn't increase the velocity of money and slows growth by putting cash in the hands of too few who don't in fact spend at the rates necessary to create growth. It does help with capital investment and so I don't discount it totally. Sometimes incentives for capital investment are important when the pendulum has swung too far. Keynesian econ is suppose to be toned down short term intervention policy to take the edges off the wild swings of Laissez Faire Capitalism.

What you described is a socialistic model of government running the economy not Keynesian. Keynesian econ is one of intervention to take the edges off downturns and have rules in place to avoid excesses of downturns. Laissey Faire or Free Market is let them all fail and the market will eventually correct itself.

I here you, I don't fully understand the ins and outs of all this other than someone figured the good make bank by creating panic while shorting a lot of these ill liquid financials. the rules allowed them to get this way and the shorters to induce selling. Nice work, sounds like an Enron debacle only sanctioned. Wonder if any heads will roll.

Yeh I know, trying to provoke doesn't work anymore. It is no fun Back to editing photos, still have a couple of hundred to go.

McCain keeps lying and Romney who accused McCain about lying about his economic record perpetuates McCain lie about Obama Sexual Predator legislation.

So much for all those free market traders. I am glad that the financial markets were helped, a guess Keynesian principals work!

Interesting, something we agree on except that some conservative just like some liberals are war mongers and big spenders, but I agree I know many on both sides who are not. So what you are saying is the news media and political parties have just co-opted us. Yep. But don't think Ron Paul is the answer, doesn't have the temperament to pull people together.

Ron Paul as much as I like his irreverence is flat out unstable. He goes through staff faster then a turnstile. That is not a good thing.

LOL, I luv it.

So much for skid marks and au naturale

The media is not mostly liberal, but I agree, right now it is insanely biased. I could probably come up with as many liberal as conservative TV and radio stations. Radio talk is run by the right wing. MSNBC up until recently was somewhat neutral except morning Joe leans right. ABC is on the largely liberal side. CNN and Wolf are just plain stupid and skizoid, mostly just a cheerleading squad. Fox is right wing, TV G is right wing and CBS is middle and boring. The radio is full of Right Wing Clear Channel stations, Rush is everywhere and so is Michael Savage of course there are others, just don't know there names. But seriously, get over it. Both sides can work with the media if they are savy so whatever, grow a pair and quit your whining you sound like Hillary.

Dude, look around, we are already there under Republican McSame economic leadership, sorry to spoil your delusion.

Somewhere in here is the joke about the starship Enterprise and the clingons...

But McCain still doesn't know how to use a computer?

I found this these pieces of info. It sounds like the SEC decided to institute such a rule, but decided to let it expire recently. Not sure if anything was there before. http://www.sec.gov/rules/proposed/34-48709.htm http://www.sec.gov/rules/other/2008/34-58166.pdf http://www.reuters.com/article/businessNew...927274020080810

Kramer said something about a memo or press release stating that the SEC would no longer enforce brake rules on short selling that prevent shorters from artificially driving the price of a stock down. 1. Is this true and 2. If true, how much of an effect has this had on AIGs stock price and liquidity issues?

Yes... Eyes, that is what I said

McCain and Obama are both trying to gain an advantage on the economy. McCain seems to have won the good looking campaign with the pick of Palin. Obama appears to have an advantage on the economy, but can McCain turn this around? McCain is now calling for greater regulation of stock market when just the other day he said the fundamentals of the economy appear strong, how do you think this plays out?