How Did This Happen?
11-24-2008, 02:50 PM
#11
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Joined APC: Feb 2007
Posts: 105
I seem to remember someone (Wm. F. Buckley, maybe?) saying that the worst thing to happen in politics was the invention of central air conditioning and heating, because that is what allowed politicians to stay in Washington D.C. year round.
11-24-2008, 02:59 PM
#12
With The Resistance
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Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
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Truth is a demure lady, much too ladylike to knock you on your head and drag you to her cave. She is there, but people must want her, and seek her out.
William F. Buckley, Jr.
William F. Buckley, Jr.
11-24-2008, 03:07 PM
#13
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Joined APC: Jun 2008
Posts: 190
Originally Posted by jungle
Truth is a demure lady, much too ladylike to knock you on your head and drag you to her cave. She is there, but people must want her, and seek her out.
William F. Buckley, Jr.
William F. Buckley, Jr.
11-24-2008, 05:57 PM
#14
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Joined APC: Jun 2008
Position: USAF
Posts: 1,398
jungle.... I'm a little suprised to see you posting an article that talks of unusual monetary policy at its heart...especially from such a libertarian think-tank as the Cato institute....it is my belief (perhaps a fringe or dead Jacksonian view) that bad monetary policy causes bad fiscal policy ... either way that was a great post...as always sir!
Maybe the question isn't whether we should bailout these companies...perhaps it should be this:
Why/how would we have the money to bailout these companies?
Yes, I bought a new tin-foil hat...
Maybe the question isn't whether we should bailout these companies...perhaps it should be this:
Why/how would we have the money to bailout these companies?
Yes, I bought a new tin-foil hat...
11-24-2008, 06:05 PM
#15
With The Resistance
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Joined APC: Jan 2006
Position: Burning the Agitprop of the Apparat
Posts: 6,191
Originally Posted by ryan1234
jungle.... I'm a little suprised to see you posting an article that talks of unusual monetary policy at its heart...especially from such a libertarian think-tank as the Cato institute....it is my belief (perhaps a fringe or dead Jacksonian view) that bad monetary policy causes bad fiscal policy ... either way that was a great post...as always sir!
Maybe the question isn't whether we should bailout these companies...perhaps it should be this:
Why/how would we have the money to bailout these companies?
Yes, I bought a new tin-foil hat...
Maybe the question isn't whether we should bailout these companies...perhaps it should be this:
Why/how would we have the money to bailout these companies?
Yes, I bought a new tin-foil hat...
Monetary vs. Fiscal- Our fiscal hole is so much deeper and wider than this current crisis it isn't even worth comparing. The Cato clan seems to be some of the more objective thinkers out there and less subject to the partisan effect.
11-24-2008, 06:25 PM
#16
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Joined APC: Jun 2008
Position: USAF
Posts: 1,398
Originally Posted by jungle
No, we don't have the money, but easy credit terms are available.
Monetary vs. Fiscal- Our fiscal hole is so much deeper and wider than this current crisis it isn't even worth comparing. The Cato clan seems to be some of the more objective thinkers out there and less subject to the partisan effect.
Monetary vs. Fiscal- Our fiscal hole is so much deeper and wider than this current crisis it isn't even worth comparing. The Cato clan seems to be some of the more objective thinkers out there and less subject to the partisan effect.
This is an interesting article... you may have already read it.... a paragraph from it:
"The economy now confronts deflationary forces. If past is prologue the Fed will concentrate on those deflationary forces for too long and rekindle an asset boom of some kind. The fiscal "stimulus" being contemplated by Congress could be another economic accelerant. If both the fiscal and money stimulus efforts kick in just as market forces also kick in, we're likely to see another unsustainable boom that will be followed by a bust."
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