RE: O and the Entrepreneur

Join Our Community

Collarchat.com

Home Login Search

RE: O and the Entrepreneur

View related threads: (in this forum | in all forums)

Logged in as: Guest

All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: O and the Entrepreneur

Page: << < prev 4 5 6 [7] 8 next > >>

Login

Message

<< Older Topic Newer Topic >>

RE: O and the Entrepreneur - 7/17/2012 4:43:04 PM

Posts: 3593
Joined: 1/18/2012
Status: offline

quote:

ORIGINAL: Edwynn

quote:

ORIGINAL: Yachtie

quote:

ORIGINAL: Edwynn

From what I'm seeing, all they talk about is Greeece or Portugal, and say something like "look what happened to Europe!" as if the whole continent is represented by those two countries.

I'm not seeing any comment in those blogs about the superior economic numbers, superior health care systems (the highest cost of Norway's being out-costed in the US by 50%) or the better basic educational scores that is the case with the majority of the European countries, and I look for such things. It's what I do.

Well, there it is. Nothing I nor any econ blog you disagree with can do. Your mind is made up as you know what you want. That's fine. Read sites you agree with.

Yes, well ... pardon me if I choose to go by what the OECD, the Bureauf of Economic Analysis, The National Bureau of Economic Research, The Bureau of Labor Statistics, The Bank for International Settlements, the various academic econ journals etc. tell me, as opposed to some 'econ blog' writer who is too chickenshit to use his own name but rather goes by the name (w/avatar) of the lead character in the movie Fight Club.

Silly me.

If you've read ZeroHedge for any time you'd recognize various writing styles. ZH is not one guy. You might find this of interest.

I remember watching CNBC one day and there was some breaking news via ZH. One the CNBC gang on at the time said ZH, though missing a few here and there, is way more right than wrong. And in this instance sure did get it right.

ZH utilizes the same data put out by BEA, BLS, etc. Lets take BLS. Is its data accurate? You choose to go by it. I wish you well in your choice.

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to Edwynn)

RE: O and the Entrepreneur - 7/17/2012 4:53:19 PM

Posts: 3593
Joined: 1/18/2012
Status: offline

quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: Yachtie

quote:

ORIGINAL: Politesub53

So was I, believe me bruv, so was I.

Still no need for you to address the point and tell the class what would have happened to the banks without the TARPS from GWB huh. At least he managed to get that right.

Like hell he did.

Your four word reply hardly explains your stance.

Tell me this, if the banks had been left to crash (As all the experts suggested, including the republicans in Bush`s treasury) and that eneded up in you losing all your cash, or your house etc. Then who would you have blamed ?

I suspect your half arsed reply will be "It wouldnt have happened"

Edited to fix quotes

Your an idiot. Depositors of failed banks would have been fine up to FDIC limit. Now the failed banks would have gotten what anyone who makes a bad bet gets - a loss. Instead they've been rewarded with cash infusion to cover their losses 'at the tables'. BTW, not all banks would have failed.

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to Politesub53)

RE: O and the Entrepreneur - 7/17/2012 5:01:21 PM

Posts: 14862
Joined: 5/7/2007
Status: offline

quote:

ORIGINAL: Yachtie

Your an idiot. Depositors of failed banks would have been fine up to FDIC limit. Now the failed banks would have gotten what anyone who makes a bad bet gets - a loss. Instead they've been rewarded with cash infusion to cover their losses 'at the tables'. BTW, not all banks would have failed.

Of course I am an idiot, along with the US treasury experts who also said the same thing. It makes me wonder why GWB didnt stick your arse in the treasury to run it properly. You do know the FDIc equivelelent for savings and loans couldnt cover that crises, right ? How much worse do you think it would have been with a collapse of the system, and the knock on effect of big businesses failing along with their banks.

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/17/2012 5:04:51 PM

Posts: 30259
Joined: 3/14/2005
Status: offline

quote:

ORIGINAL: LookieNoNookie

quote:

ORIGINAL: Musicmystery

They sure seem to think there are Christian votes and yes, white votes, male votes, female votes, age group votes, geographic votes, income votes....demographics.

Of course. And until we all agree that there is no such things as racism, genderism, whateverism (because we refuse to participate) and simply vote based on what we believe to be true, not because they're a woman, black or Muslim....

It will continue, unabated.

And it will sell.

(Unabated).

That's not only idealistic, it isn't realistic. Young voters and old voters will have different interests. Men and women voters will have different interests. East coast and West coast voters will have different interests.

Because people are different.

(in reply to LookieNoNookie)

RE: O and the Entrepreneur - 7/17/2012 5:06:11 PM

Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline

Oh.....not all.......eh?

How comforting.......

Your 1st sentance......back at ya times ten.......

_____________________________

"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/17/2012 5:07:13 PM

Posts: 4105
Joined: 10/26/2008
Status: offline

quote:

ORIGINAL: Yachtie

quote:

ORIGINAL: Edwynn

quote:

ORIGINAL: Yachtie

quote:

ORIGINAL: Edwynn

From what I'm seeing, all they talk about is Greeece or Portugal, and say something like "look what happened to Europe!" as if the whole continent is represented by those two countries.

I'm not seeing any comment in those blogs about the superior economic numbers, superior health care systems (the highest cost of Norway's being out-costed in the US by 50%) or the better basic educational scores that is the case with the majority of the European countries, and I look for such things. It's what I do.

Well, there it is. Nothing I nor any econ blog you disagree with can do. Your mind is made up as you know what you want. That's fine. Read sites you agree with.

Yes, well ... pardon me if I choose to go by what the OECD, the Bureauf of Economic Analysis, The National Bureau of Economic Research, The Bureau of Labor Statistics, The Bank for International Settlements, the various academic econ journals etc. tell me, as opposed to some 'econ blog' writer who is too chickenshit to use his own name but rather goes by the name (w/avatar) of the lead character in the movie Fight Club.

Silly me.

If you've read ZeroHedge for any time you'd recognize various writing styles. ZH is not one guy. You might find this of interest.

I remember watching CNBC one day and there was some breaking news via ZH. One the CNBC gang on at the time said ZH, though missing a few here and there, is way more right than wrong. And in this instance sure did get it right.

ZH utilizes the same data put out by BEA, BLS, etc. Lets take BLS. Is its data accurate? You choose to go by it. I wish you well in your choice.

Same choice as "ZH" makes, by your account. What's your point?

Dick Cheney and Donald Rumsfeldt were 'right' in their prediction that we were going to war, what of it?

Making the right prediction and doing the right thing are two different matters, lest it escaped notice. John Paulson made the right prediction regarding the financial disaster and personally made over $3 billion from it. Just a guess here, but I don't think he got any of his info from ZH.

< Message edited by Edwynn -- 7/17/2012 5:11:41 PM >

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/17/2012 5:08:22 PM

Posts: 3593
Joined: 1/18/2012
Status: offline

quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: Yachtie

Your an idiot. Depositors of failed banks would have been fine up to FDIC limit. Now the failed banks would have gotten what anyone who makes a bad bet gets - a loss. Instead they've been rewarded with cash infusion to cover their losses 'at the tables'. BTW, not all banks would have failed.

Of course I am an idiot, along with the US treasury experts who also said the same thing. It makes me wonder why GWB didnt stick your arse in the treasury to run it properly. You do know the FDIc equivelelent for savings and loans couldnt cover that crises, right ? How much worse do you think it would have been with a collapse of the system, and the knock on effect of big businesses failing along with their banks.

Perhaps because I know how to use Turbo Tax?

S&Ls, regional banks, etc were not terribly troublesome. It was mostly all Goldman-Sachs, CITI, JPM, WF, BoA and of course Lehman but we know what happened to them.

You appear to think it would have been a complete wipe out. It wouldn't have been, least not then.

< Message edited by Yachtie -- 7/17/2012 5:13:05 PM >

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to Politesub53)

RE: O and the Entrepreneur - 7/17/2012 5:10:01 PM

Posts: 3593
Joined: 1/18/2012
Status: offline

quote:

ORIGINAL: Edwynn

Same choice as "ZH" makes, by your account. What's your point?

It's a good econ blog. Probably the best one out there these days.

< Message edited by Yachtie -- 7/17/2012 5:11:02 PM >

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to Edwynn)

RE: O and the Entrepreneur - 7/17/2012 5:15:01 PM

Posts: 4105
Joined: 10/26/2008
Status: offline

The same blog that told us that people transferring from stocks to bonds would cause inflation, who have no clue what money velocity means, etc.

Right.

The best one out there, no question.

PS

In this era of deregulation, and the inevitable resulting financial disaster, making predictions about future economic hardship is not exactly a mark of genius.

< Message edited by Edwynn -- 7/17/2012 5:24:44 PM >

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/17/2012 5:16:45 PM

Posts: 12216
Joined: 8/9/2008
Status: offline

quote:

ORIGINAL: Musicmystery

quote:

ORIGINAL: LookieNoNookie

quote:

ORIGINAL: Musicmystery

They sure seem to think there are Christian votes and yes, white votes, male votes, female votes, age group votes, geographic votes, income votes....demographics.

Of course. And until we all agree that there is no such things as racism, genderism, whateverism (because we refuse to participate) and simply vote based on what we believe to be true, not because they're a woman, black or Muslim....

It will continue, unabated.

And it will sell.

(Unabated).

That's not only idealistic, it isn't realistic. Young voters and old voters will have different interests. Men and women voters will have different interests. East coast and West coast voters will have different interests.

Because people are different.

I know. It's never going to end because...it sells soap.

(in reply to Musicmystery)

RE: O and the Entrepreneur - 7/17/2012 5:18:44 PM

Posts: 3593
Joined: 1/18/2012
Status: offline

quote:

ORIGINAL: Edwynn

The same blog that told us that people transferring from stocks to bonds would cause inflation, who have no clue what money velocity means, etc.

Right.

The best one out there, no question.

Ok, ok. I'll start using the Huffington Post and other assorted sites that get everything right.

_____________________________

“We all know it’s going to end badly, but in the meantime we can make some money.” - Jim Cramer, CNBC

“Those who ‘abjure’ violence can only do so because others are committing violence on their behalf.” - George Orwell

(in reply to Edwynn)

RE: O and the Entrepreneur - 7/17/2012 5:19:23 PM

Posts: 12216
Joined: 8/9/2008
Status: offline

quote:

ORIGINAL: Edwynn

The same blog that told us that people transferring from stocks to bonds would cause inflation, who have no clue what money velocity means, etc.

Right.

The best one out there, no question.

Actually, Zero Hedge is one of the more prescient websites out there and if you go back 5 years and work your way forward, there's more than a lot of things in there that will no less than astound you as to (current) headlines.

I've followed it for years.

(in reply to Edwynn)

RE: O and the Entrepreneur - 7/17/2012 5:35:28 PM

Posts: 4105
Joined: 10/26/2008
Status: offline

John Paulson knew what would happen five years ago and he made a whole lot more money off of it than ZH did.

But neither you or I had the $10 million minimum to get into his investment fund at the time, did we? Sucks to be us, doesn't it? Even all the guys at ZH together couldn't pony up the $10 million. Sucks to be us OR them, doesn't it?

Actually, Brooksley Born had it nailed as to what would happen, 13 years ago, long before ZH did. But she didn't invest appropriately either.

Sucks to be us -and- ZH -and- Brooksley Born, doesn't it?

Yes, well, ...

Welcome to the United States in Foreclosure.

< Message edited by Edwynn -- 7/17/2012 5:44:43 PM >

(in reply to LookieNoNookie)

RE: O and the Entrepreneur - 7/17/2012 6:14:39 PM

Posts: 4105
Joined: 10/26/2008
Status: offline

quote:

ORIGINAL: Yachtie

quote:

ORIGINAL: Edwynn

The same blog that told us that people transferring from stocks to bonds would cause inflation, who have no clue what money velocity means, etc.

Right.

The best one out there, no question.

Ok, ok. I'll start using the Huffington Post and other assorted sites that get everything right.

Where did that come from? Did I mention Huffpost in my prior list? I don't get anything that I would call 'good information' from any blogs or whatever blathering web sites, nor from 'news' sites of whatever stripe.

Are your reading comprehension skills as good in reading ZH as they are on this forum?

That would explain a lot, to be sure.

The only time I get to Huffpost is from the occasional link on this or other sites. I hardly read the 'news' from any source, actually. I'm too busy reading about what is actually happening to bother with whatever fiction the media pushes out.

But I do follow Janet Tavakoli's informative writings sometimes, and I think she has thrown a few things to Huffpost on occasion, if that makes you feel better.

I also read input from Anat Admati, but she is a Professor of Finance and Economics at the Graduate School of Business, Stanford University, so neither you or ZH would likely have any use for it.

Not your style, I understand.

< Message edited by Edwynn -- 7/17/2012 6:20:47 PM >

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/17/2012 7:20:19 PM

Posts: 1677
Joined: 5/5/2006
Status: offline

quote:

There are a lot of wealthy, successful Americans who agree with me -- because they want to give something back. They know they didn’t -- look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something -- there are a whole bunch of hardworking people out there. (Applause.)

If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business -- you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.

The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. There are some things, just like fighting fires, we don’t do on our own. I mean, imagine if everybody had their own fire service. That would be a hard way to organize fighting fires.

quote:

ORIGINAL: Yachtie
You're right. Looney tunes doesn't begin to cut it. I was way to kind.

Be vewy, vewy quiet. I'm hunting Communists.

_____________________________

"I find your arguments strewn with gaping defects in logic." - Mr. Spock

"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

(in reply to Edwynn)

RE: O and the Entrepreneur - 7/17/2012 7:23:14 PM

Posts: 37833
Joined: 10/12/2007
Status: offline

_____________________________

Telling me to take Midol wont help your butthurt.
RIP, my demon-child 5-16-11
Duchess of Dissent 1
Dont judge me because I sin differently than you.
If you want it sugar coated, dont ask me what i think! It would violate TOS.

(in reply to RottenJohnny)

RE: O and the Entrepreneur - 7/18/2012 1:58:45 AM

Posts: 14862
Joined: 5/7/2007
Status: offline

quote:

ORIGINAL: Yachtie

Perhaps because I know how to use Turbo Tax?

S&Ls, regional banks, etc were not terribly troublesome. It was mostly all Goldman-Sachs, CITI, JPM, WF, BoA and of course Lehman but we know what happened to them.

You appear to think it would have been a complete wipe out. It wouldn't have been, least not then.

Your last line was just as I predicted, "it wouldnt have happened" Bernanke said otherwise, from memory it was something like "If we dont act now, come monday we wont have an economy". What if AIG had gone ? More importantly, what, other than TARPs, would have halted the run on the shadow banking system?

If it comes down to me thinking Bernanke knows best, or you do, then there is only one winer and it aint you.

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/18/2012 2:22:07 AM

Posts: 5195
Joined: 7/24/2005
Status: offline

quote:

ORIGINAL: Yachtie
@joether post 106

unworthy of response. You're slow, joe.

No, you couldnt even think up enough of an arguement to challenge any one part of it. 'Business Owner'? Yeah right....

Your material is usually B.S., that's why its so easy to call it out.

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/18/2012 2:51:30 PM

Posts: 23322
Joined: 10/1/2006
Status: offline

quote:

ORIGINAL: Yachtie

Obama - 'If you�ve got a business -- you didn�t build that. Somebody else made that happen'

I'll remind the eatery I'm going to tonight of that. Nope, wasn't your risk of your capital. Nope, wasn't your knowledge. Nope, you had nothing to do with it but get lucky.

Speaking at a campaign rally in Roanoke, Virginia on Friday night, Obama made the case that those who created businesses should be taxed at higher rates because they are fortunate and were helped to achieve success by the government and other people.

'There are a lot of wealthy, successful Americans who agree with me - because they want to give something back,' he said. 'They know they didn't - look, if you've been successful, you didn't get there on your own.

'You didn't get there on your own. I'm always struck by people who think, well, it must be because I was just so smart.

Had you taken the time to read the whole speach you would not appear so ignorant. Or do you just enjoy public humiliation?

< Message edited by thompsonx -- 7/18/2012 3:05:13 PM >

(in reply to Yachtie)

RE: O and the Entrepreneur - 7/18/2012 2:52:51 PM

Posts: 23322
Joined: 10/1/2006
Status: offline

quote:

ORIGINAL: servantforuse

That is what he said and that speech on Friday the 13th none the less will come back to haunt him.

Had you taken the time to read the whole speach instead of regurgitating what rush told you, your post would not seem so imbicelic.

(in reply to servantforuse)

Page: << < prev 4 5 6 [7] 8 next > >>

All Forums >> [Community Discussions] >> Dungeon of Political and Religious Discussion >> RE: O and the Entrepreneur

Page: << < prev 4 5 6 [7] 8 next > >>

Jump to:

New Messages	No New Messages
Hot Topic w/ New Messages	Hot Topic w/o New Messages
Locked w/ New Messages	Locked w/o New Messages

Post New Thread

Reply to Message

Post New Poll

Submit Vote

Delete My Own Post

Delete My Own Thread

Rate Posts

Collarchat.com © 2024

Terms of Service

0.105