very real possibility.. I think the blinders are starting to come off. Allan
On Sun, Aug 7, 2011 at 6:13 PM, rigsy03 <[email protected]> wrote: > I think Obama will be re-elected or we will face riots. > > On Aug 6, 4:48 pm, Don Johnson <[email protected]> wrote: > > Hm. I disagree with describing the times as febrile. Stagnate is more > like > > it. Perhaps the day traders are febrile but I have no respect or sympathy > > for them. The 500 pt. drop on the DOW represents a run to cash. Motivated > > less by fear, I think, then exasperation with a President and a Congress > > that fail to see the gravity of the situation and have the guts to do > > something about it. A government unwilling to even take half-measures to > > begin a recovery. In short, a response to cowardice and ineptitude. The > > deficit most trying us now isn't that of GDP to revenue it's lack of > > competent leadership. Instead we have a 'leader' completely blaming one > > branch of the government for all the problems as if 6 straight years of > > Democratic control of Congress had nothing to do with our current > problems. > > It shouldn't be that hard to admit there's plenty of blame to share > between > > all the branches including the Federal Reserve. Less partisanship and > more > > focus please. > > > > Unfortunately for us too much attention has been on deliberately > increasing > > the role of government in people's lives. It's expensive and it's > > inefficient. I understand TARP. I understand spending your way out of a > > recession. Perhaps it would be a good time to step up road repair and > bridge > > building and whatever infrastructure we might need in the next few years > and > > just borrow and get it done NOW. More importantly though we need a clear > and > > honest effort to reign in the reckless spending on entitlements. Our > future > > depends on it. Too much has been promised and the hard decisions on how > to > > break those promises have to be made but clearly they won't be by Barack > > Obama or this Congress. Hard times are coming; ya'll ain't seen nothing > yet. > > > > Vote change in 2012. > > > > dj > > > > > > > > On Sat, Aug 6, 2011 at 12:10 PM, paradox <[email protected]> wrote: > > > I hear you, rigsy. > > > > > Considering markets are often way ahead of the economic cycle, caution > > > might have best described the market lethargy prior to the fear driven > > > "correction" of the past week, all considered. The global economy has > > > gradually but steadily been absorbing higher commodities pricing, re- > > > configuring economic value space, and re-balancing global growth. It's > > > curious and unusual to see the markets well behind the curve, and > > > thats the work of naked fear, and opportunistic speculation (no > > > criticism, just observation). > > > > > The S&P action, unfortunate in its timing, is more a political rebuke > > > than a meaningful statement of financial "risk"; and yes, it's > > > significance is disproportionate; these are febrile times. > > > > > On Aug 6, 2:10 pm, rigsy03 <[email protected]> wrote: > > > > I would correct the term fear to caution which is a natural component > > > > of foresight. Some might call it a sizing up. For some reason, I am > > > > thinking of Ulysses- Homer's, not Grant. Perhaps the purpose of the > > > > Boy Scout motto, "Be Prepared"? Of course we cannot control all the > > > > factors that affect us in life but that brings to mind the over- > > > > controlled life versus one that adapts and is flexible- the extremes > > > > of being set in one's ways and the dewy naif who trusts all- > > > > everything and everybody. > > > > > > I find it troubling that the lead headline is S&P's rating versus the > > > > loss of our Special Forces. > > > > > > I have long thought that many survival/social instincts begin in the > > > > nursery among siblings as they vie for attention, position within the > > > > family- like children seem to hop on their own branch on the family > > > > tree in order to be unique or special. Those "skills" carry forward > > > > into school cliques and later work and social roles. > > > > > > Some have commented that S&P has no business rating anything since it > > > > is a private company or that the USA can carry any debt it pleases > > > > since it is the SuperPower above and beyond ordinary rules and > > > > policies. > > > > > > On Aug 5, 6:43 pm, paradox <[email protected]> wrote: > > > > > > > I recall an earlier post in which rigsy suggested an enduring > adaptive > > > > > value to the emotion of Fear; i was thinking about this today in > the > > > > > context of the global market gymnastics this week, akin to a > neurotic > > > > > on steroids; nothing fundamental or new in global economic terms > has > > > > > changed this week, no new notable insights of structurally > significant > > > > > proportions; in short, nothing new. Yet, we're 10%+ and 3 trillion > > > > > dollars worse of on Friday than we were this time last week. Was > this > > > > > not essentially what we developed Foresight to counterbalance, i > > > > > wonder?- Hide quoted text - > > > > > > - Show quoted text -- Hide quoted text - > > > > - Show quoted text - -- ( ) I_D Allan If you can bear to hear the truth you've spoken Twisted by knaves to make a trap for fools,
