My appearance on Dylan Ratigan yesterday:
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Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries." -Bill Gross
Initial Jobless Claims for the week ended Feb 18th totaled 351k, 4k less than expected but the prior week was revised up by 3k to 351k. The 4 week average did fall to 359k from 366k, the lowest since Mar '08. Continuing Claims fell by 52k to the lowest since Aug '08. Also, Extended Benefits fell a net 69k. Bottom line, the data still points to a labor market that continues to improve however lumpy the process feels for many. ...
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September 16th, 2011 at 7:26 am
[...] Dylan Ratigan: Coordinated Central Bank EU Bailouts [...]
September 16th, 2011 at 10:09 am
saw it live .. I hate it when a noun won’t come out of my noggin and the clock is a tickin ..”GlassStegal”
September 16th, 2011 at 10:52 am
LOL. And a belated “happy Le Lehman” anniversary to you, too, BR. Agree with all your comments except the notion that Fed bailouts don’t come out of taxpayer pockets. In real terms, it does. Anyone holding cash (because they didn’t deem *other* investments sufficiently worthwhile) should’ve been rewarded far more than they were and have been. The Fed is taking real money out of these people’s pockets.
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Karen Finney defends Obama inaction with something like “he can submit legislation — doesn’t mean Congress/Republicans will pass it”. Again, if you don’t proceed with step 1, we’ll not even have a chance to force the issue in step 2.
September 17th, 2011 at 12:00 am
wunsacon, there have been quite a few “step one’s” made on Obama’s part, this Congress has enacted a record breaking number of filibusters during this administration, they also carry a record low on number of bills passed since Boehner took over leadership.
As for all this “get rid of big government” bullsh-t, there comes a point where one has to question the definition of insurrection as mentioned in the Constitution…where bribed government officials are being paid to get government out of the way of a theoretical corporatist insurrection movement.
A literal hostile corporate takeover of the United States….I say let’s not make like the Swiss in WW2.
Journalists with brass balls, like Dylan Ratigan, may be the last thing standing between Democracy and Fascism.
Oh, and Barry ain’t no priss either, I’m sure his open honesty hasn’t made him friends in high places either.
September 17th, 2011 at 9:33 am
good midnite post there FM .. which in my timezone was still 1 hour before/left