tag:blogger.com,1999:blog-6616959642391988608.post207219899717085305..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Bond market vigilantes to the rescue?Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6616959642391988608.post-21243143247100148732009-05-27T14:16:14.570-07:002009-05-27T14:16:14.570-07:00Obama has moved so far to the left, and the Democr...Obama has moved so far to the left, and the Democrats have spent so much money, that the odds of failure are very high. They have hoist themselves on their own petard, as they say. They will not be able to contain the damage, and so we will see a political groundswell of revolt and change (for the better).Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-13550778597344196502009-05-27T13:22:00.759-07:002009-05-27T13:22:00.759-07:00This is going to get ugly. Simple logic has left t...This is going to get ugly. Simple logic has left the building. I am not even sure what our Government stands for at this point.<br /><br />My protector? Car or mortgage loan officer? My slice of the hedge fund industry? Future health care provider? Green energy superstar? Systemic risk regulator? Decider of corporate fate? Redistributors of wealth?<br /><br />Confusing to say the least. We are Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-38028704573007907122009-05-27T12:12:41.130-07:002009-05-27T12:12:41.130-07:00I share your concerns, obviously. I'm trying to th...I share your concerns, obviously. I'm trying to think ahead, though, and it is not impossible that a big bond market selloff could change the political dynamic. If nothing else it draws attention to the enormous deficit, and makes spending much harder to justify.<br /><br />As for higher taxes, it's been clear for awhile that Obama would be raising them for everyone. That's one reason the stock Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23891173954579000632009-05-27T11:57:25.556-07:002009-05-27T11:57:25.556-07:00Don't count on the bond market or the sea of red i...Don't count on the bond market or the sea of red ink to change this administration's deeply engraved ideals that spending is NOT the problem- more revenue is the challenge.<br /><br />http://www.washingtonpost.com/wp-dyn/content/article/2009/05/26/AR2009052602909_pf.html<br /><br />The Washington Post reports that individuals in Congress are seriously considering a 10% VAT and a 25% sales tax. chaimhttps://www.blogger.com/profile/15339877670539915905noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80705328301123736542009-05-27T11:48:19.429-07:002009-05-27T11:48:19.429-07:00aachaimhttps://www.blogger.com/profile/15339877670539915905noreply@blogger.com