Comments on: No Recovery, Not Now… Not Ever

By: Bill Fold

Bill Fold — Tue, 25 Aug 2009 03:24:10 +0000

One small fix they should try is closing the immigration door once unemployment in this country reaches 9%. Take care of the people here, not new ones trying to get in!!! And get rid of the ones here illegally (like someones’ Aunt)……..

By: Dottie

Dottie — Mon, 24 Aug 2009 16:36:48 +0000

We did not start trade with China in 1945, but in the ’80′s, under Nixon. Another, equally valid way of looking at things is that there was a struggle between the people and special interests to allocate the benefits of modern invention – special interests won, have taken over government, and are willing to throw this country under the bus to maintain their position.

By: Toru kubo

Toru kubo — Mon, 24 Aug 2009 09:16:27 +0000

I can dell you this , ‘Government effort never reach to streets’.
Experienced through Our Japanese lost decades.
I said never.

By: sierra

sierra — Sun, 23 Aug 2009 15:08:27 +0000

Our economic “system” has been “….between the rock and a hard wall” since 1991 (and the terrible decisions made by the government to “save” the banks then.

“….we’re gonna’ pay dearly” for those mistakes.

(Where oh, where can I get a supercomputer like GS has?)

By: Alan Lewis

Alan Lewis — Sun, 23 Aug 2009 13:08:13 +0000

anasazi:

comes the revolution?

By: Andrew

Andrew — Sun, 23 Aug 2009 09:48:52 +0000

Harry – or any other Bernake acolyte
If you’re still there I would be interested to get your analysis of the endgame.
Do you think Bernanke et al have it right or wrong?
There is no doubt they have achieved a stay of execution and permitted many to profit from what I believe is a dead cat bounce.
But what next?
I would like some supporter of the current rescue policy to offer an analysis predicated upon fundamentals.
To me it looks very bad
I very much hope the outcome is positive – as does the recipient of palliative chemotherapy.

By: Don

Don — Sat, 22 Aug 2009 21:44:16 +0000

The whole thing is going to crash, brought on by exporting our factories and jobs, by fighting endless unwinable wars, by unchecked population growth, by developing and ruining our agricultural land, by not keeping corporations from getting too big and monopolistic, and by not taxing the wealthy enough. To blame the liberals and the government is foolish.

By: charleydan

charleydan — Sat, 22 Aug 2009 20:10:21 +0000

Wrong Bernanke?—keynesian economics was to manipulate economics for the government. He is doing the best he can. Government will do every thing imaginable to keep the bus afloat so they can rob citizens another day.

The government stimulus is your stimulus spending. So there will be no recovery as long as Uncle Sam things he is in charge of the recovery.

I for one will rebell.

By: Andrew Montgomery

Andrew Montgomery — Sat, 22 Aug 2009 06:28:34 +0000

God luck Harry
Blind Freddie can see the games up.
You may well make money out of the current rally and so are many other wise guys. Check out the performance of a random selection of managed funds. You will find that most of the managers weren’t feeling too clever earlier in the year.
Economists are entirely useless, narcissistic and grossly overpaid.
They are wrong as often as right.
Bernanke – one of the better known currently – was wrong all the way into the current mess and is almost certainly wrong wrt the future.

By: Lost & Found

Lost & Found — Sat, 22 Aug 2009 06:16:31 +0000

Also don’t be fixated too much on China. China plays a role only since the eighties.