tag:blogger.com,1999:blog-6616959642391988608.post8862947437274341401..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Christina Romer defends Obama's policiesScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-6616959642391988608.post-63132783424521997722009-03-13T19:01:00.000-07:002009-03-13T19:01:00.000-07:00CDLIC: The "Going Galt" and "Tea Party" movements ...CDLIC: The "Going Galt" and "Tea Party" movements are really significant. Thanks for the link to MM's article.<BR/><BR/>A taxpayers' revolt is really the only defense we have at this point.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23130443104734017952009-03-11T17:56:00.000-07:002009-03-11T17:56:00.000-07:00I've read Amity Shales' book. It reads like a hist...I've read Amity Shales' book. It reads like a historical (science) fiction novel. The book is full of statistical errors (not surprising because she has no formal training in economics or history). There are so many better general histories of the Great Depression out there. My favorite is Robert S. McElvaines' "The Great Depression: America 1929-1941." It is comprehensive and so covers the Mark A. Sadowskihttps://www.blogger.com/profile/13147923641894915172noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4970411942861209712009-03-11T15:03:00.000-07:002009-03-11T15:03:00.000-07:00Scott,"Going Galt": America's Wealth Producers Vs....Scott,<BR/><BR/>"Going Galt": America's Wealth Producers Vs. Wealth Redistributors<BR/><BR/>http://www.patriotpost.us/opinion/michelle-malkin/2009/03/04/going-galt-americas-wealth-producers-vs-wealth-redistributors-.htmlCDLIChttps://www.blogger.com/profile/01216074401236580903noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-15100845659746695372009-03-10T14:09:00.000-07:002009-03-10T14:09:00.000-07:00Zumbador,SEC has no jurisdiction over M to M does ...Zumbador,<BR/><BR/>SEC has no jurisdiction over M to M does it? That is FASB dictum. Bernanke, in todays talk, said he was not in favor of suspending M to M. <BR/><BR/>Agree with the getting tough talk. Someone has to start challenging these ideas. What has happened to the Republican party? Leadership appears to be useless as tits on a boar.<BR/><BR/>BobBobhttps://www.blogger.com/profile/18190525712352815677noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41962167992444486512009-03-10T09:15:00.000-07:002009-03-10T09:15:00.000-07:00I agree with "being way too polite about this". Fo...I agree with "being way too polite about this". <BR/><BR/>For better or for worse there is now way in h*ll the current administration is going to "let a crisis go to waste". We all know .Gov does not contract so the market is forecasting a future of ENORMOUS government intersection with private enterprise and inflation up to its eyeballs!<BR/><BR/>Forget about earnings; figure out where .Gov is Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-91873868188183598802009-03-10T08:26:00.000-07:002009-03-10T08:26:00.000-07:00Reuters reported this AM that the SEC is "not" con...Reuters reported this AM that the SEC is "not" considering changes to mark-to-market accounting however it is rumored they are on the lookout for new Ponzi schemes. Whoa...that is one credible organization!zumbadorhttps://www.blogger.com/profile/03124444420383526405noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-83013344667986781602009-03-10T07:53:00.000-07:002009-03-10T07:53:00.000-07:00Agree with Tom and Scott on all points. Romer sho...Agree with Tom and Scott on all points. Romer should and does know better, but she's a paid operator now for the Obamatons, so if she wants to keep her job and influence she's got to keep preaching things she knows to be untrue. <BR/><BR/>I expect a book from her in a year or two similar to David Stockman's back in the Reagan years, with the same theme: 'I kept telling these simps that the Jon S.https://www.blogger.com/profile/14840074248344452572noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-50600827967437503652009-03-10T07:03:00.000-07:002009-03-10T07:03:00.000-07:00Tom, I would have to agree with you. Romer's role ...Tom, I would have to agree with you. Romer's role is to come up with the academic justification for a dramatic expansion of government. Shiller has let fame and celebrity go to his head, and Romer may be suffering from the same affliction. The government's brazen power grab is what is at the root of the market's ills these days.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23084174194560669182009-03-10T05:23:00.000-07:002009-03-10T05:23:00.000-07:00I don't know, Scott, I think these people start of...I don't know, Scott, I think these people start off with the desire to dramatically expand government and their analyses naturally support that desire. <BR/><BR/>Robert Shiller just published an article on FT.com entitled "A failure to control the animal spirits" -- also about market failure. He says the Keynes' General Theory was the most important economics book of the 20th century because of Tom Burgerhttps://www.blogger.com/profile/01484696976692382802noreply@blogger.com