AllentownJake
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Sat Dec-12-09 02:56 PM
Response to Reply #10 |
| 13. I beleive 17 billion is just the intererst |
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The $400 billion includes past principle payments, which are refinanced.
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| -Volcker: There's No Growth Other Than What The Fed's Pouring Into The Economy |
AllentownJake |
Dec-12-09 01:10 PM |
#0 |
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smoke and mirrors |
Skittles |
Dec-12-09 01:14 PM |
#1 |
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Summers isn't going to be happy |
AllentownJake |
Dec-12-09 01:26 PM |
#5 |
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Volcker --- Jimmy Carter's man at the Fed, who beat stagflation |
andym |
Dec-12-09 01:16 PM |
#2 |
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Yes, Obama's into bandaids, a flag pin and a scripted response. |
Metta |
Dec-12-09 01:21 PM |
#3 |
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That's really no secret. Of course the economy would be shrinking in the absence of government |
Zynx |
Dec-12-09 01:25 PM |
#4 |
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We would be much better off.... |
bvar22 |
Dec-12-09 02:01 PM |
#6 |
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Yes, trickle-down stimulus isn't helping much. But then I'm forgetting--helping 99% of |
Mist |
Dec-12-09 02:49 PM |
#11 |
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...and that's just been going to reflate the stock market bubble, so banks can claim to be solvent |
kenny blankenship |
Dec-12-09 02:12 PM |
#7 |
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You may be right, kenny. |
David Zephyr |
Dec-12-09 10:04 PM |
#27 |
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Factories sit idle or are working under full capacity. Problem is the people have no money. |
Democrats_win |
Dec-12-09 02:41 PM |
#8 |
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Who is this 'we' he speaks of? |
leftstreet |
Dec-12-09 02:44 PM |
#9 |
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The most interesting thing here |
AllentownJake |
Dec-12-09 02:53 PM |
#12 |
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Servicing the debt costs about $400 billion per year, not $17 billion. |
Octafish |
Dec-12-09 02:48 PM |
#10 |
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I beleive 17 billion is just the intererst |
AllentownJake |
Dec-12-09 02:56 PM |
#13 |
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When I first saw the $17B figure |
exboyfil |
Dec-12-09 03:13 PM |
#14 |
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It will blow-up before they become an issue |
AllentownJake |
Dec-12-09 03:25 PM |
#15 |
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there are also a lot of VERY rich americans who hold a whole lot of t--bills. |
dysfunctional press |
Dec-12-09 03:42 PM |
#16 |
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A safe investment with an interest rate and insurance you never lose your principle |
AllentownJake |
Dec-12-09 03:57 PM |
#17 |
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I would not consider myself wealthy, |
exboyfil |
Dec-12-09 06:38 PM |
#21 |
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Kick for the evening folks |
AllentownJake |
Dec-12-09 05:01 PM |
#18 |
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K&R. //nt |
Overseas |
Dec-12-09 05:12 PM |
#19 |
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To paraphrase Roseanne: We are so far beyond screwed.. |
Fumesucker |
Dec-12-09 05:22 PM |
#20 |
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Nice to hear some honesty on the subject. |
Vidar |
Dec-12-09 06:53 PM |
#22 |
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Read Part I & II - interesting |
HughMoran |
Dec-12-09 06:56 PM |
#23 |
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Yes, 10 years, like the other GREAT DEPRESSION |
cutlassmama |
Dec-12-09 08:55 PM |
#24 |
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That's why they're calling it the Great Recession |
HughMoran |
Dec-12-09 09:08 PM |
#25 |
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Volcker still won't tell the honest truth. |
roamer65 |
Dec-12-09 10:02 PM |
#26 |
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self-delete. |
HCE SuiGeneris |
Dec-12-09 10:11 PM |
#28 |
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K&R for more discussion |
Mithreal |
Dec-12-09 11:25 PM |
#29 |
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"There is a lot of concern about the dysfunction of the political system." |
nilram |
Dec-13-09 03:43 AM |
#30 |
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