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Why We Should All Fear Government
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stevenbard



Joined: 11 Nov 1993
Posts: 4231

PostPosted: Thu Jun 26, 2014 12:02 am    Post subject: Reply with quote

mrgybe wrote:
boggsman1 wrote:
He actually ran for Senator in CT. A hypester of biblical proportions...I ve followed him for over ten years, and met him out here when he was recruiting for his firm, which is barely breathing.

So the facts he cited regarding the impact on GDP of severe winters are wrong?


There hasn't been such a bad GDP report since 1949 in a non recessionary economy.

Boggs, I agree with you on Schiff, however even a broken clock is right twice a day. If he weren't selling gold, he might have some credibility.
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boggsman1



Joined: 24 Jun 2002
Posts: 3614
Location: at a computer

PostPosted: Thu Jun 26, 2014 8:37 am    Post subject: Reply with quote

mrgybe wrote:
boggsman1 wrote:
He actually ran for Senator in CT. A hypester of biblical proportions...I ve followed him for over ten years, and met him out here when he was recruiting for his firm, which is barely breathing.

So the facts he cited regarding the impact on GDP of severe winters are wrong?

No, but the spin of his drivel is. He is always bearish, so you wont see the airline impact of the winter, or the retail impact. On the other hand, the BEA report, as you cite, is telling the story of Q4 double ordering, which crushed exports in Q1...we will see if it continues....looks like a 2% year...which is good for growth stocks.
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mrgybe



Joined: 01 Jul 2008
Posts: 2725

PostPosted: Thu Jun 26, 2014 9:24 am    Post subject: Reply with quote

So you agree with the data he presented but chose to publicly impugn him and encourage the port supervisor to do the same. Feel better now?

It is looking like a 2% year. That's my point. 5 years after the recession ended, we've piled on 7 trillion of additional debt, we've seen unprecedented Fed intervention..........and we're still limping along with weak growth. Yet none of this has to do with government policy during that period. Of course.
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boggsman1



Joined: 24 Jun 2002
Posts: 3614
Location: at a computer

PostPosted: Thu Jun 26, 2014 10:10 am    Post subject: Reply with quote

Mr . Gybe...if you have been paying attention during the last 5-10 years, and you read, and view financial media, you too, would "publicly impugn" Peter Shiff... He's the worst of the worst.
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mac



Joined: 07 Mar 1999
Posts: 5365

PostPosted: Thu Jun 26, 2014 10:46 am    Post subject: Reply with quote

The man who will tell you how brilliant he is, continues to cherry-pick to attack Obama--without describing the solutions that he, in his brilliance, has come up with. Perhaps he is pissed off about these things that spell the beginnings of a change from a carbon only economy:

--California continues to lead the country in economic recovery
--California's Democratic governor has produced a balanced budget (when did the Republicans in Congress last do that) that has created a rainy day fund--and resulted in the upgrading of their ratings from Moody's. Wasn't it a Republican governor, er actor, who presided over the collapse of their bond ratings?
--California is home to 1/3 of the nation's solar jobs, 5 times that of any other state. (Now those who don't understand statistics, or do, but have no integrity, can chant Solyndra, or Benghazi.)
--Plug-in vehicles are selling 50% faster than last year.
--Fuel economy standards have resulted in a boon for auto manufacturers
--Japan doubles down on fuel cell cars--it will definitely push the technology

Maybe we need to start another war to help the defense industry in Virginia?
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reinerehlers



Joined: 25 Jul 2001
Posts: 1003

PostPosted: Thu Jun 26, 2014 12:03 pm    Post subject: Reply with quote

mac wrote:
The man who will tell you how brilliant he is...

Don't forget the Al Bundy-ish stories of being a high school football hero, chess champ, and air hockey champ (like that matters to anyone who's not a total dweeb)....oh I'm sorry, I thought you were talking about someone else.
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nw30



Joined: 21 Dec 2008
Posts: 1807
Location: The eye of the universe, Cen. Cal. coast

PostPosted: Thu Jun 26, 2014 12:11 pm    Post subject: Reply with quote

reinerehlers wrote:
mac wrote:
The man who will tell you how brilliant he is...

Don't forget the Al Bundy-ish stories of being a high school football hero, chess champ, and air hockey champ (like that matters to anyone who's not a total dweeb)....oh I'm sorry, I thought you were talking about someone else.

LOL, perfect!!!
But don't forget aside from being a champ, he's still paranoid.

_________________
I don't drink the 'cool' aid, I drink tequila, it's more honest.
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stevenbard



Joined: 11 Nov 1993
Posts: 4231

PostPosted: Mon Oct 13, 2014 1:39 am    Post subject: Reply with quote

Americans should be "deeply skeptical" of government power, says FBI Director James Comey, adding that law enforcement should be able to access someone's telephone only with a court order,

"I believe that Americans should be deeply skeptical of government power," Comey told CBS News' Scott Pelley in an interview for "60 Minutes. "You cannot trust people in power.

"The Founders knew that," he said. "Thatís why they divided power among three branches, to set interest against interest."

Comey, cautioned that courts must grant law-enforcement agencies permission to telephones if the information is deemed to be critical to a criminal case or national security.

Newsmax.com
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