tag:blogger.com,1999:blog-6616959642391988608.post5369171750447381675..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Who's afraid of S&P?Scott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-6616959642391988608.post-17841495281826064582012-01-17T07:12:16.187-08:002012-01-17T07:12:16.187-08:00According to ECB Pres Mario Draghi, the situation ...According to ECB Pres Mario Draghi, the situation in Europe is "very grave" -- Pres Draghi's choice for words is ominous...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-28306963704701746142012-01-15T19:14:06.690-08:002012-01-15T19:14:06.690-08:00Wait till the Greek government changes hands in la...Wait till the Greek government changes hands in late Feb. The cow pies will be hitting the fan then.Jimhttps://www.blogger.com/profile/04220423345735345059noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-23568500969864670152012-01-14T19:24:50.377-08:002012-01-14T19:24:50.377-08:00Dear Sir,
I am an avid follower of your blog Cala...Dear Sir,<br /><br />I am an avid follower of your blog Calafia Beach Pundit Blog, I hope that you<br />can add a link to my blog as I have categorized you blog as my<br />favorite blog and also added your link to my blog.<br /><br />My blog is www.themarketoracle.blogspot.com<br /><br />I hope that my request can be considered.<br /><br />Thank you in advance.<br /><br />Regards,<br /><br />The Market Oraclehttps://www.blogger.com/profile/04182629967485160776noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-20086287983563300102012-01-14T15:15:49.832-08:002012-01-14T15:15:49.832-08:00S&P Ratings downgrade--'Find a parade and ...S&P Ratings downgrade--'Find a parade and get in front of it' type of timely analyses.<br /><br />Another 'industry' going the way of EK.sgt.red.blue.redhttps://www.blogger.com/profile/08132657702786638326noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84665201146336424052012-01-14T11:28:41.767-08:002012-01-14T11:28:41.767-08:00Doctor:
I find it hard to blame anyone in PIIGS co...Doctor:<br />I find it hard to blame anyone in PIIGS countries for contemplating civil disobedience. They are seeing their democracies taken over by foreign financiers.<br /><br />I agree that austerity measures alone will not fix the PIIGS. The governments need to plug the tax loopholes and collect the taxes that have been levied. The Eurozone may also need to go a 2-tiered currency. For awhile,Johnhttps://www.blogger.com/profile/06365403570563730880noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-66451487463936467662012-01-14T10:02:08.959-08:002012-01-14T10:02:08.959-08:00Hi John, how far should austerity measures be take...Hi John, how far should austerity measures be taken in Portugal, Italy, Ireland, Greece, and Spain (PIIGS)? -- should the austerity measures be used as a sort of "cold shower" that demolishes the social fabric of these countries? -- what level of public violence would be acceptable in the wake of austerity? -- I am asking because these new questions are not economic, but political -- McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-48462364803094924242012-01-14T09:38:11.543-08:002012-01-14T09:38:11.543-08:00"If anything, the S&P announcement might ..."If anything, the S&P announcement might be considered a positive, since it is equivalent to a public rebuke of governments that are reluctant to take the necessary steps to rein in spending."<br /><br />No. It's a rebuke of governmets who refuse to collect the taxes that have been authorized by an elected government. It is a rebude ti countries who refuese to PAY for their Johnhttps://www.blogger.com/profile/06365403570563730880noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69843519209250422722012-01-14T06:34:49.197-08:002012-01-14T06:34:49.197-08:00We in Europe begin to treat our economic problems....We in Europe begin to treat our economic problems. You have not started yet to treat yours.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-78438697581113443932012-01-14T06:18:01.560-08:002012-01-14T06:18:01.560-08:00The rating agency are completely out-of-touch, wit...The rating agency are completely out-of-touch, with reality, however, they are 100% correct with their calls.<br /><br />They should go into the odds making business.Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-47724085190984023332012-01-13T20:14:46.804-08:002012-01-13T20:14:46.804-08:00Desperate economic times are coming to the souther...Desperate economic times are coming to the southern flank of Europe -- let's hope that political stability can be maintained -- the stage is being reset behind a closed curtain -- exit the economists and enter the political scientists...McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-34669884856526204842012-01-13T16:14:25.514-08:002012-01-13T16:14:25.514-08:0030+ years ago in business school I learned that th...30+ years ago in business school I learned that the ratings agencies ratify what the markets say. They do not generate any information.Charleshttps://www.blogger.com/profile/00607057013050715435noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62967852757763670902012-01-13T13:00:28.727-08:002012-01-13T13:00:28.727-08:00The market sould have responded negatively to the ...The market sould have responded negatively to the European news. It didn't. To me this is bullish. Today maybe the only pullback before the market breaks upward from S&P 1292 on the way to 1350. I really hope for a decent pull back and a clear point at which to buy. I don't chase rallies.<br /><br />Maybe I don't understand monetary stuff but I do see on FRED graphs that M1, Squirehttps://www.blogger.com/profile/14088030568579672500noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21552128809465532992012-01-13T11:44:17.409-08:002012-01-13T11:44:17.409-08:00This comment has been removed by the author.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-26028530006813344932012-01-13T11:12:04.747-08:002012-01-13T11:12:04.747-08:00The ECB needs to think stimulus, but it has only a...The ECB needs to think stimulus, but it has only an obligation to fight inflation. How is that working out? <br /><br />I see Europe going the way of Japan, without Japan's credit quality. Tight money just does not work. I wish it did. i wish for a lot of things. <br /><br />Genuflect not to gold or other false gods. But our central bankers do.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.com