patrick.net

There isn't accumulation of capital though. Simply put, capital itself isn't worth much unless it is reinvested, and therefore it is constantly spent. (That's the positive aspect of not having gold as currency backing) Velocity of money is pretty high.

Our economy is bound to slow down. Because right now, government is just keeping bad businesses afloat with constant bailouts and stimulus, which is in my opinion bad for economy and capitalism. It's inefficient and is a drain (since they take from good business and hand it out to bad business). Once these bad businesses fail or get a clue (one or the other) and cleanse the system then business cycle will go back up into growth mode.

When a corporation (lets assume American International Group) or a union (lets assume California Teachers Union) need constant bailouts, than they need to be allowed to fail in order to stop draining society in their inefficient ways and allow capitalism to flourish.

errc says

now its hard to get out when it goes up 1% per day

Just like housing - just have to know when to get out, or at least collect your profits.

I do wonder what local regulatory structure was in place to monitor this stuff at state levels...

Let them burn coal...

RayAmerica says

Total, complete, utter nonsense. The Federal EPA is about as autonomous as a government department can get. Literally, no one tells them what to do. To imply that Bush was some type of dictator of the EPA in which he gave out orders to look the other way is about as childish as it gets. When I read this kind of junk, I’m back to wondering why I waste my time on this site.

How can you say that when the President gets to appoint the head of the EPA without even needing Congressional approval?

ch_tah says

How can you say that when the President gets to appoint the head of the EPA without even needing Congressional approval?

So you agree with this silly premise that Bush set the agenda for the EPA to look the other way when it was known by the EPA that the oil companies were polluting, etc.?

Who drinks tapwater?

RayAmerica says

ch_tah says

How can you say that when the President gets to appoint the head of the EPA without even needing Congressional approval?

So you agree with this silly premise that Bush set the agenda for the EPA to look the other way when it was known by the EPA that the oil companies were polluting, etc.?

Why is it silly? Bush was anti-environment in just about every way. He's an oil man, comes from an oil family, why would you think he would do anything contradictory to the oil companies' desires?

ch_tah says

Bush was anti-environment in just about every way.

Give me some specific examples to back up your claim, in particular, his "anti-environment" policies that actually amounted to actionable policies.

kent do you have the title of the book? it sounds very interesting.

I think there is also a lot of simple fraud in government, which is very apparent at the state level and takes a lot of money out of the private sector.
For example earlier today I was listening to some radio news. Apparently Jerry Brown is proposing a union contract with prison guards where they get paid 8 weeks of vacation every year and can save these permanently. All that money to be paid to government workers do have to come from taxes, which is money coming out of the private sector. I'm sure that has a very significant impact on the wages in the private sector, after all thats who gets to subsidize the lavishness of all the Robert Rizos out there.

It just seems like in our nation lately it became a popular way to make it, by living off at the expense to others. If one runs a business, that individual can make some money. But if that same person can get taxpayer handouts through union or corporate lobbying thats where the gold is.

clambo says

Who drinks tapwater?

Only poor people in Texas, so don't worry about it! Oh... wait... they DO use tap water to make food in restaurants. Even the yuppie ones in coastal CA.

ChrisLA says

Apparently Jerry Brown is proposing a union contract with prison guards where they get paid 8 weeks of vacation every year and can save these permanently.

My cousin works at a prison - 8 weeks doesn't seem like enough for what he endures on a daily basis. But hey, teachers get the summer off why can't everyone get 8 weeks ;)

I hate Obama even more than 18 months ago. If anything, he proven time and time again to do the wrong thing. He's definately the proberbial limousine liberal elitist I suspected he was. He cares nothing for the taxpayers, only for his extreme soliclist agenda. He has done nothing to reduce unemployment, even though it would be pretty easy to reduce it susbtantially if one wanted to, via banning immigration, sealing the border with Mexico, throwing out illegal aliens, and sending foreign guest workers home.

The only people Obama genuinely cares for are union members, and anyone on any public assistance program. Any who is actually a responsible, law abiding person Obama seems to disdain, like most liberal politicians.

RayAmerica says

Give me some specific examples to back up your claim, in particular, his “anti-environment” policies that actually amounted to actionable policies.

http://en.wikipedia.org/wiki/Clear_Skies_Act_of_2003

terriDeaner says

clambo says

Who drinks tapwater?

Only poor people in Texas, so don’t worry about it! Oh… wait… they DO use tap water to make food in restaurants. Even the yuppie ones in coastal CA.

And a lot of bottled water is tap water.

I just found the secret transcript of Bush's conversation with the head of the EPA:

Bush: "Is that you EPAzer?"
EPA: "Yes sir. How can I help you?"
Bush: "It's like this. I'm the Decider and I just decided to back off on the oil companies. What I'm sayin is, if you see pollutin goin on ... just back off ... go play golf ... do anything ... but don't do nothin ... got it?"
EPA: "Oh yes sir. Thanks for the call and have a great day sir."
Bush: "You all welcome and you be sure to give my love to the little lady."

RayAmerica says

Bush: “Is that you EPAzer?”

Bush comes up with way better nick names that this. It is after all his greatest talent.

Nomo ... I'm concerned for you. I seriously doubt your sanity. Please, turn yourself in before you do harm to yourself or to others. Do it now before it's too late and we all end up reading about you in the news.

Nomograph says

Health care reform

Finance reform

OK Doctor, start listing the finer bullet points of your outlandish claims, or I'm fetching the straight jacket.

Nomograph says

U.S. Manufacturing growing at historical levels

OK this is not Obamas fault or his own doing. This is only because McDonalds was reclassified as Manufacturing under Bush Jr's administration.

http://www.wsvn.com/features/articles/carmelcase/MI91705/

"Commissioner Bell thinks DERMs enforcement practices should be investigated.

Commissioner Lynda Bell, Miami-Dade County, District 8: "I like the idea of a task force. I like the idea of looking into these cases. Is there a theme here? Is something going on? Is there something more than meets the eye?"

Carmel Cafiero, Investigative Reporter: "And now, it looks like property owners will get what they were hoping for. Carlos Espinosa is stepping down, saying he will retire next month, something DERM says he's been considering for quite some time.""

The EPA is the land Developers tool to grab land from those who have it.

RayAmerica says

ch_tah says

Bush was anti-environment in just about every way.

Give me some specific examples to back up your claim, in particular, his “anti-environment” policies that actually amounted to actionable policies.

Look at enforcement. Enforcement actions by the EPA dropped off the face of the earth under Bush. It's public record, look it up. Stripping enforcement departments and removing enforcement budgets was Bush's tool of choice across the entire spectrum of regulatory agencies. It's easy to do, doesn't require any changes in the laws, doesn't show up in the press. A nice quiet backdoor way to change policy.

Nomograph says

Obama has scored one victory after another despite massive political and economic headwinds:

Health care reform

Finance reform

Pitch perfect foreign policy (i.e. Egypt, Somali pirate takedowns, Iraq drawdown, Libya surgical strike, etc.)

Nuclear arms treaty w/ Russia

Key Supreme Court appointments sail through the Senate

Budget approval

U.S. Manufacturing growing at historical levels

Private sector job creation growing at historical levels

I'm probably the only American alive who is not for or against Obama. I didn't vote for him (or McCain) and I think he's at best a middle of the road president, who came into a disaster and has done a very so so job dealing with it.

Anyway I think your list is pretty silly. I'm glad that you consider Obama the best thing since the invention of ice cream. It's wonderful to have an idol, but a little more objectivity is in order.

Neither financial or health care "reform" actually reform anything. They don't address the problems, they just paper over the symptoms and kick the can down the road.

Foreign policy is a mixed bag at best. Some very good, some very bad.

You really need to look of the definition of the word historical. Manufacturing and job creation are anemic at best, even with some very tortured and creative statistical reporting.

There's a couple of choices here:

1) You can think Jesse Jackson Jr. really believed what he said.

2) You can wonder if JJ Jr. will shut up about the iPad if he gets some campaign contributions or if he gets more minority, i.e. crony, involvement with Apple.

For what it's worth, I do not think Jesse Jackson Jr. is an idiot.

EightBall says

ChrisLA says

Apparently Jerry Brown is proposing a union contract with prison guards where they get paid 8 weeks of vacation every year and can save these permanently.

My cousin works at a prison - 8 weeks doesn’t seem like enough for what he endures on a daily basis. But hey, teachers get the summer off why can’t everyone get 8 weeks

They can, just move to Europe where they consider the two weeks vacation thing insanity.

You and Ray really need hobbies other than fixating about Obama 24/7

Which school did Corsi get his PhD from? They should ask for it back.

TOT Grabs popcorn and lawn chair.

From your article:

Ironically Jackson himself is a proud owner of an iPad.

Uh...

I've read several of Dr. Corsi's books and find him to be a very reasonable man that backs his findings with facts and verifiable data. I'm not a "birther," but I have to admit, this is beginning to look very interesting. This issue is starting to turn heads that in the past didn't give it much credence.

RayAmerica says

I’m not a “birther,”

I like how some pussy factions of the GOP are pandering to the liberals, as they redefine who and what they are.
What is a Birther? Being a Natural born citizen is what I and countless generations for over 200 years, have learned in Civics class. Some jack ass has to show a Birth Certificate, I don't see Liberals all bent out of shape when the DMV asks to see their birth Certificate. It's a piece of Identification, it's meant to be shown for proof of identity, through out anyone's life. Why should running for the most important position in the free world be any different?

I suspect there are going to be a lot of GOPers this election season that are going to be left behind, as their party evolves into a something with a little piss in vinegar for a change.

So you're going to sell AND short? Isn't it enough to just sell and maybe repurchase?

"I’ve read several of Dr. Corsi’s books and find him to be a very reasonable man that backs his findings with facts and verifiable data."

And yet in his last anti Obama book, Corsi could not even get a simple fact like Obama's wedding date correct.

http://www.politico.com/static/PPM104_080814_unfit_cover.html

HousingWatcher says

And yet in his last anti Obama book, Corsi could not even get a simple fact like Obama’s wedding date correct.

Give him some slack. Afterall, your idol stated the USA was made up of "57 states."

When you write a book, it is supposed to go through several stages of editing to ensure than all the facts are correct. It's not exactly the same thing as making a comment off the top of your head.

Corsi is also a 9/11 truther. Are you a truther Ray?

Reluctantly, I have to admit, Obama is a miserable failure. I knew he would be, but it was one of those situations where I hoped I would be wrong. Even I underestimated the damage Obama would do, which proves I'm actually a very optimistic fuzz ball with a "yes we can" attitude. Not once, I repeat, not once, have I ever desired for Obama to fail (except of course when it came to almost all of his policies). I just hope the Donald can undo all this damage.

Ray, you do know that Trump's presidential campaign is fake and is just meant to boost his show's ratings, right?

Obama said the USA was made up of 57 states. Do you believe there are 57 states HousingWatcher?

HousingWatcher says

Ray, you do know that Trump’s presidential campaign is fake and is just meant to boost his show’s ratings, right?

It sounds so conspiratorial, but you sound so logical. What a sneak the Donald is.

Every politician makes gaffes. But that is different than writing a book.