tag:blogger.com,1999:blog-6616959642391988608.post327347722948471534..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Pessimism recedesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger23125tag:blogger.com,1999:blog-6616959642391988608.post-36550136615153659432016-04-30T10:07:19.814-07:002016-04-30T10:07:19.814-07:00JBD, from Madison through PresidentGeneral Jackson...JBD, from Madison through PresidentGeneral Jackson, they<br />argue that the US Constitution neither expresses nor implies<br />the formation of a Central bank and that its powers are best<br />deferred to that of the states.<br /><br />The fear and rightfully so, is that this entity,<br />through the use of debt and money would expanded it's power and<br />unwanted political influence.<br />Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32626862729850097282016-04-29T12:12:21.879-07:002016-04-29T12:12:21.879-07:00JBD, this is from page nine from your PDF.
"...JBD, this is from page nine from your PDF.<br /><br />"Hamilton's proposal (for a central bank) was referred to a Senate Committee. But this<br />Committee included Philip Schyler (Hamilton's father-in-law) and all<br />its members shared Hamilton's political views. In brief, the Committee<br />was stacked.<br />President Washington then referred the bill to Thomas Jefferson<br /Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69144595981219203052016-04-29T07:42:40.875-07:002016-04-29T07:42:40.875-07:00JBD, thank for the link! More reading to do.JBD, thank for the link! More reading to do.Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-92170716775029411042016-04-28T19:43:07.121-07:002016-04-28T19:43:07.121-07:00Corrected link:
http://usawealthpartners.com/Fede...Corrected link:<br /><br />http://usawealthpartners.com/Federal-reserve-conspiracy--By-antony-sutton.pdfJohnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-82857222497334641282016-04-28T18:34:47.347-07:002016-04-28T18:34:47.347-07:00The late historian Antony Sutton (formerly a fello...The late historian Antony Sutton (formerly a fellow at Stanford's Hoover Institute) wrote a short book entitled, The Federal Reserve Conspiracy, which details the hour by hour events that led up to the passage of the Federal Reserve Act in '33. That rigged vote puts the ObamaCare passage to shame. More socialist chicanery.<br /><br />Free PDF version here:<br /><br />http://Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53149141518305536382016-04-28T11:32:58.350-07:002016-04-28T11:32:58.350-07:00JBD " They exist to serve and protect the ban...JBD " They exist to serve and protect the banking system. They are owned by the banks"<br /><br />Now, just axe AIG if and how they got one of the biggest bailouts<br />in history.<br /><br />http://www.wsj.com/articles/SB122156561931242905<br /><br />"It puts the government in control of a private insurer -- a historic development, particularly considering that AIG isn't Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-14112040960603086772016-04-28T08:57:47.135-07:002016-04-28T08:57:47.135-07:00JBG, good fine! I think the professor was oversta...JBG, good fine! I think the professor was overstating<br />either the role of CONgress or the 16th Amendment.<br /><br />In any event, the FRB was the creation (mostly support by Demcos)<br />of the legislature and not the US Constitution.<br /><br />I am not sure, however, where the Reserve Act gave the Central Bank the <br />authority to bailout private business. (non banking firms)<br /><br /Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47271944203245094812016-04-27T20:40:25.632-07:002016-04-27T20:40:25.632-07:00Hans:
Not sure what that professor means when he t...Hans:<br />Not sure what that professor means when he talks about the Fed's "Constitutional responsibility". The Fed has never been permitted by the US Constitution. They exist to serve and protect the banking system. They are owned by the banks. Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-12213138757016861372016-04-27T12:07:46.076-07:002016-04-27T12:07:46.076-07:00Scott
Please consider the following taken from Ric...Scott<br />Please consider the following taken from Richard Rahn's column yesterday.<br /><br />Would you like for the bank to give you a check each month for your mortgage interest payment rather than you paying the bank interest? As mad as that question seems, the fact is that some homeowners in Denmark are now receiving checks each month because their mortgages have negative (below zero) erne lewishttps://www.blogger.com/profile/12208162599471629835noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47794410746014462532016-04-27T10:23:14.731-07:002016-04-27T10:23:14.731-07:00Not seasonally adjusted Seasonally adjusted
Mar.
2...Not seasonally adjusted Seasonally adjusted<br />Mar.<br />2015 Feb.<br />2016 Mar.<br />2016 Mar.<br />2015 Nov.<br />2015 Dec.<br />2015 Jan.<br />2016 Feb.<br />2016 Mar.<br />2016<br />U-1 Persons unemployed 15 weeks or longer, as a percent of the civilian labor force<br />2.6 2.2 2.3 2.4 2.1 2.1 2.0 2.1 2.1<br />U-2 Job losers and persons who completed temporary jobs, as a percent of the Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-54636899888887078552016-04-27T10:14:17.973-07:002016-04-27T10:14:17.973-07:00This comment has been removed by the author.Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48443482323824048622016-04-27T10:10:21.805-07:002016-04-27T10:10:21.805-07:00Hans:
Not sure what that professor means when he t...Hans:<br />Not sure what that professor means when he talks about the Fed's "Constitutional responsibility". The Fed has never been permitted by the US Constitution. They exist to serve and protect the banking system. They are owned by the banks. Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-80030267211298213362016-04-26T16:31:12.551-07:002016-04-26T16:31:12.551-07:00Hans--
If you look at the direction of inflation ...Hans--<br /><br />If you look at the direction of inflation since 1981, do you really think the Fed has been too loose?<br /><br />We are now seeing inflation rates of one-third to one-half that we had under President Ronald Reagan, regarded in many circles as the man who slayed inflation---well along with Chairman Volcker.<br /><br />The credo that monetary policy always and everywhere should beBenjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15542552558130716732016-04-26T09:56:48.481-07:002016-04-26T09:56:48.481-07:00Professor Jacobs, a reasonable man and a staff mem...Professor Jacobs, a reasonable man and a staff member at the University of Minnesota.<br /><br />He often makes appearance on local media regarding political and economic matters,<br />with a pragmatic approach to issues. (he is no radical in any sense of the word)<br /><br />Hear, are his thoughts on the FRB and as well as that of the co-author; whom<br />have written a new book regarding the Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-86114679308020321122016-04-26T08:05:15.991-07:002016-04-26T08:05:15.991-07:00U-6 has plummeted from over 17%, moving in the rig...U-6 has plummeted from over 17%, moving in the right direction.<br />Its back down to the levels of the mid 1990s and early 2000s.<br /><br />Imagine what it could be if we stopped paying able-bodied people to not work, and made taxes favorable enough to encourage skilled idle workers back into employment.<br /><br />I bet that at least a third of that U-6 number is made up of people who don'Johnny Bee Dawghttps://www.blogger.com/profile/06836875640973245734noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3921509392203791282016-04-26T07:47:53.821-07:002016-04-26T07:47:53.821-07:00"I know you want to sound positive here, but ..."I know you want to sound positive here, but you've got to try harder man! You are "this close" to sounding like a bear! We need your optimism, jobless claims just dropped to their lowest level since 1973."<br /><br />What is really needed is the truth, wherever it lies. Examine the U-6 and the unenjoyment<br />rate approaches nearly 10%.<br /><br />Ask the jobless and Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-30932215450255295132016-04-22T19:50:44.638-07:002016-04-22T19:50:44.638-07:00http://www.cato.org/pubs/pas/pa107.html
William M...http://www.cato.org/pubs/pas/pa107.html<br /><br />William McKibben:<br /><br />Some forgotten history: President Reagan was the greatest trade protectionist of the post-world War II era. <br /><br />Will Trump do a Reagan and erect protectionist trade barriers? Reagan also cheapened he dollar at the Plaza Accords in 1985.<br /><br />Times have changed, but maybe so. In many regards Trump is a Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91719768226040641572016-04-22T18:46:19.480-07:002016-04-22T18:46:19.480-07:00PS: Currently, nothing sold in Walmart is manufact...PS: Currently, nothing sold in Walmart is manufactured in America except food -- that will change...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28753908570809032902016-04-22T18:42:45.808-07:002016-04-22T18:42:45.808-07:00Think walls, tariffs, and the end of trade deficit...Think walls, tariffs, and the end of trade deficits, and the inability of government to borrow -- ending imports of energy, consumer electronics, automobiles, and workers means vastly expanded opportunities to create all of those things here in America -- prices will rise sharply as foreign made goods disappear -- but the ongoing economic depression will finally be reversed -- for the first time McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-6587431648381101832016-04-22T18:39:14.834-07:002016-04-22T18:39:14.834-07:00This comment has been removed by the author.McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-42584183967821998592016-04-22T14:36:59.631-07:002016-04-22T14:36:59.631-07:00i demand more QEi demand more QEmarcusbalbushttps://www.blogger.com/profile/13596266889368486043noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47497806005806902752016-04-21T08:32:51.476-07:002016-04-21T08:32:51.476-07:00It does seem suddenly markets improved.
Japanese ...It does seem suddenly markets improved.<br /><br />Japanese government bonds hitting record low yields. An investor will pay the Japanese government for the privilege of owning a 10-year bond!<br /><br />This is a nation with a huge national debt and running a large QE program. <br /><br />Are we one recession away from being the next Japan? Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-52992263502665236242016-04-21T07:46:25.312-07:002016-04-21T07:46:25.312-07:00Wow!
I know you want to sound positive here, but ...Wow!<br /><br />I know you want to sound positive here, but you've got to try harder man! You are "this close" to sounding like a bear! We need your optimism, jobless claims just dropped to their lowest level since 1973. Granted, with America's population, even taking into account the changing demographics it would seem that the real jobless level is much higher than the Frozen in the Northhttps://www.blogger.com/profile/04901959687094626879noreply@blogger.com