Obamaconomy!!!

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Pidgey said:
Have to wonder why this kind of thing keeps happening: Obama's pick for leader of the auto task force, Rattner, has been linked to investment fraud.

http://www.wsws.org/articles/2009/apr2009/ratt-a18.shtml

Yep... "change" we can believe in...
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Thanks, so much, for the Socialists'-input.

"An unnamed source told the New York Times and Wall Street Journal that Rattner is the man the SEC alleges to have personally met with Loglisci, and agree on a “finders fee” for Morris. The SEC has not yet taken any action against Rattner or his company."​
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:rolleyes:​
 
Check out the third paragraph from the end of the actual article:

http://us1.institutionalriskanalytics.com/pub/IRAMain.asp

There you go: sovereign-sponsored extortion. Sovereigns don't invest lightly or stupidly. They don't go blindly for "hope" and "change we can believe in", they're way-the-hell-and-gone smarter than that--they wanna' see balance sheets and they have agendas.
 
Well, manipulation by the Fed and the Treasury has ultimately begun to yield the inevitable results--increase in interest rates. Remember... the economic recovery as a whole can NOT happen without a housing recovery. And a housing recovery can NOT happen without interest rates on mortgages staying low. But interest rates can NOT stay low without the bond market's interest rates staying low and if you've DONE THINGS that increase the risk in the bond markets, investors become more and more reluctant to invest.

The Inevitable Result of Bad Policy:

http://news.yahoo.com/s/nm/20090610/bs_nm/us_usa_economy_mortgages

http://www.reuters.com/article/newsOne/idUSTRE55238H20090610
 
Pidgey said:
Well, manipulation by the Fed and the Treasury has ultimately begun to yield the inevitable results--increase in interest rates. Remember... the economic recovery as a whole can NOT happen without a housing recovery. And a housing recovery can NOT happen without interest rates on mortgages staying low. But interest rates can NOT stay low without the bond market's interest rates staying low and if you've DONE THINGS that increase the risk in the bond markets, investors become more and more reluctant to invest.
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You are absolutely right - we are walking right into the gates of a second and more dramatic economic downturn. If I recall, the largely discredited Keynesian Theory calls for government to save money during good times so that it can extra cash can be poured into the economy during bad times. Nobody can possibly believe that a nation already heavily in debt can borrow more money to stoke the economy. How can business (or housing) get back on its feet when the Fed is competing with potential growth businesses or home buyers to borrow money? It can't.

A second factor not often mentioned is the fact that a "housing recovery" will only mean the return of free-flowing housing market. It will not mean a return to the old high housing prices. Those high housing prices were a bubble created by free-for-all lending to home buyers. Look at this graph:
united_states.png


It is plain to see we are finally dropping down to the historic prices for housing, adjusted for inflation as shown on the red line. Housing prices are not going back up again except to match inflation (which could be closer than we think.)
 
We have to burn energy to get energy from Hydrogen, since we have to get it from water, so I have my doubts about it as a cure all for our energy needs. If we could learn how to use hydrogen to create a fusion reactor, however, we might have a cure for our energy problems. So far, that has been a futile hope, and does not seem to be in the immdiately forseeable future.
 
samsara15 said:
We have to burn energy to get energy from Hydrogen, since we have to get it from water, so I have my doubts about it as a cure all for our energy needs. If we could learn how to use hydrogen to create a fusion reactor, however, we might have a cure for our energy problems. So far, that has been a futile hope, and does not seem to be in the immdiately forseeable future.
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You've got it all wrong. Nuclear power plants produce the power to convert water into hydrogen. Hydrogen is simply the way of transporting energy in mobile devices such as cars. The hydrogen is changed into electricity in a car fuel cell (pollution free). Hydrogen just takes the place of batteries - which at this point look like they will never be terribly efficient and long lasting. Hydrogen fuel cells that: H2+O = water + electricity will last the life of a car and forget the batteries.
 
Sam's talking about a different process: the production of energy from fusing heavy hydrogens like Deuterium and Tritium into Helium. We've been trying to do that for a long time. It's kind of the "Holy Grail" of energy technology. You can google Tokamak reactors and the like.
 
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It's not an economy now in the US, it's a joke.

It's not coming back as Obama destroyed jobs.

No jobs, no real economy.

China are you looking? Pull your money out of the US while you can.

Japan are you listening? Get your investments out of the US.

Germany are you careful with money? Then get it out of the US.
 
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