Comments on: A Fully Fledged Garden of Economic Recovery? http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 23:28:32 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Links: 2009-05-12 - Credit Writedowns http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170676 Links: 2009-05-12 - Credit Writedowns Tue, 12 May 2009 11:56:30 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170676 [...] “Capital One, the credit-card lender based in McLean, Virginia, said today it would sell 56 million shares of common stock, while Minneapolis’s U.S. Bancorp said its sale would total about $2.5 billion. BB&T Corp., North Carolina’s second- biggest bank, reduced its dividend and began a public offering of $1.5 billion of common stock.”A Fully Fledged Garden of Economic Recovery? - Marshall Auerback [...] [...] “Capital One, the credit-card lender based in McLean, Virginia, said today it would sell 56 million shares of common stock, while Minneapolis’s U.S. Bancorp said its sale would total about $2.5 billion. BB&T Corp., North Carolina’s second- biggest bank, reduced its dividend and began a public offering of $1.5 billion of common stock.”A Fully Fledged Garden of Economic Recovery? – Marshall Auerback [...]

]]> By: usphoenix http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170606 usphoenix Tue, 12 May 2009 00:12:25 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170606 It's so tragic. American idiots. No one's listening or watching. So OUR Congress can do whatever they choose after hours. I am reminded of a lobbyist telling me many years ago, nothing important was decided before 10 pm. Out of view. God help us all. It’s so tragic. American idiots. No one’s listening or watching. So OUR Congress can do whatever they choose after hours.

I am reminded of a lobbyist telling me many years ago, nothing important was decided before 10 pm. Out of view.

God help us all.

]]> By: usphoenix http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170605 usphoenix Tue, 12 May 2009 00:06:34 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170605 @davossherman: correct. Agree totally. What's one to do? @davossherman: correct. Agree totally. What’s one to do?

]]> By: FromLori http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170600 FromLori Mon, 11 May 2009 22:27:15 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170600 http://articles.moneycentral.msn.com/RetirementandWills/InvestForRetirement/is-america-about-to-go-broke.aspx Standard & Poor's: No Cause for Optimism Yet in Commercial Real Estate; Delinquincies Near Record Peak http://www.observer.com/comment/reply/106552 http://bluelori.blogspot.com/2009/04/social-security-explosion-2010.html http://articles.moneycentral.msn.com/RetirementandWills/InvestForRetirement/is-america-about-to-go-broke.aspx

Standard & Poor’s: No Cause for Optimism Yet in Commercial Real Estate; Delinquincies Near Record Peak

http://www.observer.com/comment/reply/106552

http://bluelori.blogspot.com/2009/04/social-security-explosion-2010.html

]]> By: davossherman@gmail.com http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170552 davossherman@gmail.com Mon, 11 May 2009 19:41:46 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170552 Hello Super_Trooper: Yup. I'm sure the highway stimulus will drive supply down and demand and prices up. I forget the amount, but I fell off my chair when I heard the number of barrels it takes to do 1 mile of road. Hello Super_Trooper:

Yup. I’m sure the highway stimulus will drive supply down and demand and prices up. I forget the amount, but I fell off my chair when I heard the number of barrels it takes to do 1 mile of road.

]]> By: super_trooper http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170486 super_trooper Mon, 11 May 2009 17:32:49 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170486 I don't hear anything about how increasing oil prices may impede the growth. At $4 a gallon, coming up this winter, we'll be have an L shaped "recovery" (flat isn't a recovery). I don’t hear anything about how increasing oil prices may impede the growth. At $4 a gallon, coming up this winter, we’ll be have an L shaped “recovery” (flat isn’t a recovery).

]]> By: davossherman@gmail.com http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170437 davossherman@gmail.com Mon, 11 May 2009 15:52:45 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170437 "Another point is to bear in mind is that at $1.17 trillion, the budget deficit really has got to a very big number. " .46 cents borrowed for every dollar the government spends. "the number is sufficiently large to ensure that the government is helping the private economy restore its savings and its purchasing power." I'm closing my browser, IMHO that should read the government is helping the private economy ensure its slavery into debt. I pray your right but I fail to see how taking on more debt will solve the problem - which is too much debt. Do the math, 11+/- trillion on balance sheet debt, another 55 trillion off balance for Soc. Security Medicare A & D and add several more for 2 wars, stimulus, talp, tarp and the rest. My HS math tells me 80 trillion and we make what? 6-8 trillion after you take out the imputations (yah own a house the government says what you would pay in rent counts towards GDP?!?!) Come on. We are as broke as Enron and more creative then its' accountants. “Another point is to bear in mind is that at $1.17 trillion, the budget deficit really has got to a very big number. ”

.46 cents borrowed for every dollar the government spends.

“the number is sufficiently large to ensure that the government is helping the private economy restore its savings and its purchasing power.”

I’m closing my browser, IMHO that should read the government is helping the private economy ensure its slavery into debt.

I pray your right but I fail to see how taking on more debt will solve the problem – which is too much debt. Do the math, 11+/- trillion on balance sheet debt, another 55 trillion off balance for Soc. Security Medicare A & D and add several more for 2 wars, stimulus, talp, tarp and the rest. My HS math tells me 80 trillion and we make what? 6-8 trillion after you take out the imputations (yah own a house the government says what you would pay in rent counts towards GDP?!?!)

Come on. We are as broke as Enron and more creative then its’ accountants.

]]> By: davossherman@gmail.com http://www.ritholtz.com/blog/2009/05/a-fully-fledged-garden-of-economic-recovery/comment-page-1/#comment-170431 davossherman@gmail.com Mon, 11 May 2009 15:43:39 +0000 http://www.ritholtz.com/blog/?p=26108#comment-170431 I think this blows the authors credibility: "And there is increasing evidence of stabilisation in the housing market, notably in areas such as California. " because wave 2 http://www.cbsnews.com/video/watch/?id=4668112n will arrive. Also I'd want to see a bottom in the Case-Shiller index before I drank that Cool-Aid. I think this blows the authors credibility: “And there is increasing evidence of stabilisation in the housing market, notably in areas such as California. ” because wave 2 http://www.cbsnews.com/video/watch/?id=4668112n will arrive. Also I’d want to see a bottom in the Case-Shiller index before I drank that Cool-Aid.

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