Comments on: The House Bounce? http://dailyreckoning.com/the-house-bounce/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sun, 27 May 2012 09:55:17 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Swami nathan http://dailyreckoning.com/the-house-bounce/#comment-30003 Swami nathan Sun, 04 Oct 2009 08:30:55 +0000 http://dailyreckoning.com/?p=18674#comment-30003 I read and benefit from Bill Bonner's analysis and thoughts but I agree with Dave that Technological developments and innovative spirit can keep us going forward despite all the misguided Govt. policies. Chami I read and benefit from Bill Bonner’s analysis and thoughts but I agree with Dave that Technological developments and innovative spirit can keep us going forward despite all the misguided Govt. policies.

Chami

]]> By: LAGirl http://dailyreckoning.com/the-house-bounce/#comment-29808 LAGirl Sat, 03 Oct 2009 01:28:11 +0000 http://dailyreckoning.com/?p=18674#comment-29808 If Practicality is right...then look out below...the time for real estate bottome fishing might be at hand...then again, what is the value of real estate going forward located within a declining empire with rising taxation and income redistribution? If Practicality is right…then look out below…the time for real estate bottome fishing might be at hand…then again, what is the value of real estate going forward located within a declining empire with rising taxation and income redistribution?

]]> By: gettingfedup http://dailyreckoning.com/the-house-bounce/#comment-29781 gettingfedup Fri, 02 Oct 2009 22:36:20 +0000 http://dailyreckoning.com/?p=18674#comment-29781 Ah, the ultra-orthodox libertarian ideologue, and, of course, bosom buddy of all the powerful corporate and political "intelligensia" around the world, again rant on about "empire" and "war". It's really like being trapped in a bumper car visiting this site. You want to pick up some information on general financial and economic conditions that you hope comes from some information and knowledge that you, as a lay investor, don't have. Instead of that it's hysterical rants about government expenditures for nefarious (according to him) military expenditures. The truth unfortunately is quite different. The USG has turned into a giant vacuum cleaner sucking up the financial property of those who worked for it to give to the "poor and oppressed." Well over 50 percent of the budget consists of income transfers. On the other hand the defense budget, a explicitly delgated power under the Constitution, accounts for about 21 percent, i.e. it is now a marginal governmental activity. And how about this one. According to the CIA World Factbook, where does the U.S. defense budget rank in comparison with other countries as a percentage of GDP? Anyone? You, Mr. Bonner? The U.S. ranks 28th on the list, preceded by those other mini-empires and war mongers such as Singapore, Burundi and, tah dah, No. 1 Oman. You cannot possibly be this ill informed. Or maybe this is only the tip of the iceburg and all the other info is equally specious. Ah, the ultra-orthodox libertarian ideologue, and, of course, bosom buddy of all the powerful corporate and political “intelligensia” around the world, again rant on about “empire” and “war”. It’s really like being trapped in a bumper car visiting this site. You want to pick up some information on general financial and economic conditions that you hope comes from some information and knowledge that you, as a lay investor, don’t have. Instead of that it’s hysterical rants about government expenditures for nefarious (according to him) military expenditures. The truth unfortunately is quite different. The USG has turned into a giant vacuum cleaner sucking up the financial property of those who worked for it to give to the “poor and oppressed.” Well over 50 percent of the budget consists of income transfers. On the other hand the defense budget, a explicitly delgated power under the Constitution, accounts for about 21 percent, i.e. it is now a marginal governmental activity. And how about this one. According to the CIA World Factbook, where does the U.S. defense budget rank in comparison with other countries as a percentage of GDP? Anyone? You, Mr. Bonner? The U.S. ranks 28th on the list, preceded by those other mini-empires and war mongers such as Singapore, Burundi and, tah dah, No. 1 Oman. You cannot possibly be this ill informed. Or maybe this is only the tip of the iceburg and all the other info is equally specious.

]]> By: Doug http://dailyreckoning.com/the-house-bounce/#comment-29596 Doug Thu, 01 Oct 2009 15:42:32 +0000 http://dailyreckoning.com/?p=18674#comment-29596 I believe the beginning of stupidity really began with the Reagan era. That is when we learned that we could spend money that we did not have and the right took on its big nanny state govt role mentality. The failure of a war on drugs and the irrelevant abortion debate. Stupidity flourished as Limbaugh preached his Democrat against Republican mentality, but really they were equally useless .I very much blame pseudo conservatives for the mess we are in as much as liberals. Because the last time I checked conservatives believe in small govt something that has not been practiced by either party since Reagan. I believe the beginning of stupidity really began with the Reagan era. That is when we learned that we could spend money that we did not have and the right took on its big nanny state govt role mentality. The failure of a war on drugs and the irrelevant abortion debate. Stupidity flourished as Limbaugh preached his Democrat against Republican mentality, but really they were equally useless .I very much blame pseudo conservatives for the mess we are in as much as liberals. Because the last time I checked conservatives believe in small govt something that has not been practiced by either party since Reagan.

]]> By: phelps who cant swim http://dailyreckoning.com/the-house-bounce/#comment-29589 phelps who cant swim Thu, 01 Oct 2009 14:53:53 +0000 http://dailyreckoning.com/?p=18674#comment-29589 Bonner is a astute historian. Empires begin, rise, decline and eventually fall. It reminds one of natures cycle of spring, summer, autumn and winter. Its just the way things work and no amount of government propaganda can stop this process only hurry it along. This doesn't mean that empires, or the people within them don't create some positive things. It is just that government creates too many negatives that destroy themselves and others with them. Don't believe government propaganda think for yourself. The West is now on a collison course of war with Iran and its allies Hezbollah and Syria. Russia and China could take their side as well. This is not inevitable, but highly likely unless cooler heads prevail. Lets hope they do. This is not meant to depress you just to let you know it is coming. Because after winter's destruction there is always spring's rebirth. Bonner is a astute historian. Empires begin, rise, decline and eventually fall. It reminds one of natures cycle of spring, summer, autumn and winter. Its just the way things work and no amount of government propaganda can stop this process only hurry it along. This doesn’t mean that empires, or the people within them don’t create some positive things. It is just that government creates too many negatives that destroy themselves and others with them. Don’t believe government propaganda think for yourself. The West is now on a collison course of war with Iran and its allies Hezbollah and Syria. Russia and China could take their side as well. This is not inevitable, but highly likely unless cooler heads prevail. Lets hope they do. This is not meant to depress you just to let you know it is coming. Because after winter’s destruction there is always spring’s rebirth.

]]> By: Practicality http://dailyreckoning.com/the-house-bounce/#comment-29577 Practicality Thu, 01 Oct 2009 12:49:54 +0000 http://dailyreckoning.com/?p=18674#comment-29577 Y'all are missing an important point. All the stimulus is coming to an end. Get it? Why is it coming to an end? Because the worlds central banks ( not your penny ante friends on Wall St. ) are not selling gold, and/or are ( big )buyers of gold. The US$ may be "legal tender" stateside, but the rest of the world is about to say "What!?" We want real money... and most of them have figured out that SDRs are a fantasy... evidently even the Chinese got the message. Your friend Ben ( NOT! ) may indeed start adding to the money supply... real soon... to pay 30% interest rates ( IF that's enough ) on gov't debt. All to prevent a radical discounting of the entire US economy should world trade be forced into the gold market... which it will. Y’all are missing an important point. All the stimulus is coming to an end.

Get it?

Why is it coming to an end?

Because the worlds central banks ( not your penny ante friends on Wall St. ) are not selling gold, and/or are ( big )buyers of gold.

The US$ may be “legal tender” stateside, but the rest of the world is about to say “What!?” We want real money… and most of them have figured out that SDRs are a fantasy… evidently even the Chinese got the message.

Your friend Ben ( NOT! ) may indeed start adding to the money supply… real soon… to pay 30% interest rates ( IF that’s enough ) on gov’t debt. All to prevent a radical discounting of the entire US economy should world trade be forced into the gold market… which it will.

]]> By: LAgirl http://dailyreckoning.com/the-house-bounce/#comment-29553 LAgirl Thu, 01 Oct 2009 10:38:35 +0000 http://dailyreckoning.com/?p=18674#comment-29553 Armywifescientist, good points, it almost seems like a conscious decision was made at some level to withhold millions of homes from the market until the dollar is totally trashed. A really sick, disgusting and unfair ending for those of us who waited patiently for a good deal on a property, apparently as usual the financially responsible will be thrown under a bus while the reckless homedebters will be spared. Armywifescientist, good points, it almost seems like a conscious decision was made at some level to withhold millions of homes from the market until the dollar is totally trashed. A really sick, disgusting and unfair ending for those of us who waited patiently for a good deal on a property, apparently as usual the financially responsible will be thrown under a bus while the reckless homedebters will be spared.

]]> By: Leo http://dailyreckoning.com/the-house-bounce/#comment-29542 Leo Thu, 01 Oct 2009 10:02:04 +0000 http://dailyreckoning.com/?p=18674#comment-29542 "Out of ashes, Phoenix rises"; when dollar collapses, the new INTERNATIONAL currency will arrive and usher us into One World Government/Economy. I am so surprised nobody is mentioning this, and yet it is so obvious. Not guaranteed though. “Out of ashes, Phoenix rises”; when dollar collapses, the new INTERNATIONAL currency will arrive and usher us into One World Government/Economy.
I am so surprised nobody is mentioning this, and yet it is so obvious. Not guaranteed though.

]]> By: Bloomer http://dailyreckoning.com/the-house-bounce/#comment-29511 Bloomer Thu, 01 Oct 2009 06:28:35 +0000 http://dailyreckoning.com/?p=18674#comment-29511 You make some vaild points Dave, I agree that in our lifetime the current system for the most part, has served the Western World well. My beef is our culture has become intolerant to those who voice a contrary opinion of the status-quo. If one is a believer of Global Warming, he becomes a racial environmental terrorist or doomsayer. To be critical of Big Business and Financial Institutes, one now becomes an enemy of capitalism. Oppose the war, you are with the terrorist. This crisis occur become we marginalize and ignored voices to the contrary. Until partisan, self-interest politics, is put aside, and we can carry out open honest respectful discussion, I can't see us working ourselves out of this debacle. You make some vaild points Dave, I agree that in our lifetime the current system for the most part, has served the Western World well. My beef is our culture has become intolerant to those who voice a contrary opinion of the status-quo. If one is a believer of Global Warming, he becomes a racial environmental terrorist or doomsayer. To be critical of Big Business and Financial Institutes, one now becomes an enemy of capitalism. Oppose the war, you are with the terrorist.
This crisis occur become we marginalize and ignored voices to the contrary. Until partisan, self-interest politics, is put aside, and we can carry out open honest respectful discussion, I can’t see us working ourselves out of this debacle.

]]> By: bozo http://dailyreckoning.com/the-house-bounce/#comment-29505 bozo Thu, 01 Oct 2009 05:31:10 +0000 http://dailyreckoning.com/?p=18674#comment-29505 Bernardo, learn to speak (type) English, please....... Bernardo, learn to speak (type) English, please…….

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