News Focus
News Focus
icon url

SilverSurfer

06/24/11 9:30 AM

#144715 RE: F6 #144705

F6 - so you are a Keynesian ? And thanks for the impressive research on Hoenig, a little known but yes, stellar comentator and investor. SS
icon url

SilverSurfer

06/25/11 7:52 PM

#144906 RE: F6 #144705

F6 - good post - Given the circumstances that ensued, I didn't disagree with stimulus or even Central Bank actions. Even Obama went for the "Tax Cuts for the Rich" because he knew the economy WAS really falling off the cliff. But the reasons we got into the mess have not been rectified. Too Big to Fail and trillions of OTC credit default swaps, over leverage - to the max, misallocation of debt like Greece and on and on..... In time, one way or another those things will be resolved. And not because the Government came to the rescue but because they will give up....SS