About Bellingham Bill

Bellingham Bill

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Registered Apr 08, 2012

This is not my house. But it, or one like it, will be someday!

Bellingham Bill's most recent comments:

  • On Tue, 1 Sep 2015, 6:51pm PDT in I'm liquidating all my stocks and going to cash, Bellingham Bill said:

    China FX, Small picture:

    Big picture:

  • On Sun, 23 Aug 2015, 11:58am PDT in Why haven't Democrats been all over this for years?, Bellingham Bill said:

    Quigley says

    NEITHER party wants an end to war

    shows that Clinton left real defense spending $75B/yr lower than he found it, and that current spending is now the same as it was before Obama took office.

    There's a difference between "ending war" -- difficult to do w/o being accused of "cut & run" / "abandoning the boys" etc , and NOT STARTING THEM IN THE FIRST PLACE.

    Granted, LBJ got fucked over Vietnam, "that bitch of a war" in his words.

  • On Sat, 22 Aug 2015, 11:30am PDT in Debt is good for the economy, Bellingham Bill said:

    Yup, and it's important to understand HOW the rich are pulling money out of the backs of the working quintiles aka paycheck economy.

    Real Estate? Trillions in an asymmetric flow from sucker rent-slave (and let's not forget the small business owner needing retail space is also one of these) to an entitled owner.

    Health Care? Twice the profit margin on the health goods and services provided vs. the rest of the world. Maybe a trillion being pulled out of the paycheck economy, all those dentists with their investment clubs is an indication of the imbalance.

    Corporate profits in general is close to $1.8T/yr, that's money that could have gone into paychecks but sure as hell isn't now.

    Even Piketty didn't analyze these flows all this well AFAIK.

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