Comments on: Haircuts for Bond Holders

By: Random Links XXXIV « Random Musings of a Deranged Mind

Random Links XXXIV « Random Musings of a Deranged Mind — Thu, 07 May 2009 01:20:41 +0000

[...] http://www.ritholtz.com/blog/2009/03/haircuts-for-bond-holders/ [...]

By: VangelV

VangelV — Thu, 12 Mar 2009 12:31:58 +0000

This shows why we must oppose interventionism and insist that the markets force corrections to take place. There is no point in burdening productive individuals in the real economy by bailing out the reckless speculators with taxpayer dollars.

By: Jim C

Jim C — Wed, 11 Mar 2009 19:31:49 +0000

Weird, I swear I made a comment about how if you take each line back to election day the results would be pretty interesting.

By: Mark E Hoffer

Mark E Hoffer — Wed, 11 Mar 2009 17:39:42 +0000

sorry, this : Golden Eagle, technically, is a Bird, which I don’t believe FDR killed off. the coin, to which I was referring, was/is the Gold Eagle, which FDR most certainly did kill off in ’33..

http://www.blm.gov/id/st/en/fo/four_rivers/special_areas/snake_river_birds.html
http://www.coinpage.com/coin-image-4841.html

the new tinfoil ‘dollar’ coins from the US Mint, are termed “Golden” ‘Dollars’..

By: danm

danm — Wed, 11 Mar 2009 16:52:15 +0000

Almost everyone says that it’s about the next generation
—————–
- Either you get the write-offs and people over 55 suffer (wealth – or supposed wealth- mostly owned by this group), or

- You create huge inflation to deflate the debt…. the older population suffers.

Boomers as there retire will be going through the wringer no matter what.

By: Mike in Nola

Mike in Nola — Wed, 11 Mar 2009 16:40:33 +0000

Bill Gross seems to wield enormous power. My theory is he has pictures of BB, Geithner and Paulson doing something disgusting together. And I don’t mean bailing out banks.

By: DL

DL — Wed, 11 Mar 2009 16:37:33 +0000

batmando @ 11:13

Almost everyone says that it’s about the next generation.

I think that the future will be here sooner than most people think.

How about social security and medicare, for example.

By: DL

DL — Wed, 11 Mar 2009 16:28:49 +0000

Andy Tabbo @ 10:20

“It’s a difficult road we must travel….”

I see it as very simple.

Stop giving them money.

End of analysis.

By: How the Common Man Sees It

How the Common Man Sees It — Wed, 11 Mar 2009 15:47:00 +0000

I guess it is ironic that this debt was the moral hazard that Greenspan created when he gave past debt crises a pass.

The chickens came home to roost with a vengeance even though those that got bailed out in the last round (via low interest rates) learned nothing but to pile more debt on

I’m glad I lived to see it even though I paid for it. Twice. First through the inflation of the last ten years and now through this mess we are in now

By: leftback

leftback — Wed, 11 Mar 2009 15:22:38 +0000

While we are writing, the printing presses are running, day and night….
This can will be kicked down the road, whatever we think is the right thing to do.