Comments on: Bernanke Goes To The Statue of Liberty Play — Bank System Scores http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/ Real Estate Investing through Purposeful Planning Thu, 16 Oct 2008 04:16:45 +0000 http://wordpress.org/?v=2.0.11 by: BawldGuy http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4743 Sat, 05 Jan 2008 04:08:03 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4743 So hey, how 'bout those Padres? So hey, how ’bout those Padres?

]]> by: Wayne Chipman http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4741 Sat, 05 Jan 2008 04:03:16 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4741 Concerning the past Great Depression, it was nothing more than an orchestrated Land grab by our Federal Government and the Banking system. This time it will not be Orchestrated it is simply going to happen. After the Clintons gutted America and removed us from being the leading producers in the World, all the measures to fix our Economy will of course fail. Me myself I am going to liquidate my Assets and buy a farm as one day soon You will not be able to buy a loaf of bread in America. Vote Democrat this election and You will not need to buy toilet paper any more as You will be better off using our paper money as toilet paper. Concerning the past Great Depression, it was nothing more than an orchestrated Land grab by our Federal Government and the Banking system. This time it will not be Orchestrated it is simply going to happen. After the Clintons gutted America and removed us from being the leading producers in the World, all the measures to fix our Economy will of course fail. Me myself I am going to liquidate my Assets and buy a farm as one day soon You will not be able to buy a loaf of bread in America. Vote Democrat this election and You will not need to buy toilet paper any more as You will be better off using our paper money as toilet paper.

]]> by: Robert Kerr http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4321 Mon, 24 Dec 2007 06:36:03 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4321 Merry Christmas to you and yours, Jeff. And a happy, healthy and prosperous new year. Take care. Merry Christmas to you and yours, Jeff.

And a happy, healthy and prosperous new year.

Take care.

]]> by: The Odysseus Medal competition — Voting for the People’s Choice Award is open | BloodhoundBlog: Real estate marketing and technology blog | Realtors and real estate, mortgages, lending, investments http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4320 Mon, 24 Dec 2007 02:03:54 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4320 [...] Here is this week’s short-list of Odysseus Medal nominees: Sean Broderick — Shift happens, Shift HappensAndrew Mattie — IDX, Basic IDX Questions, AnsweredEric Blackwell — Optimization, Optimization Unchained!Geno Petro — Dull people, I see dull people…Kris Berg — Science v. religion, Science versus ReligionKris Berg — Prop 91, I’ve got a proposition for you.Kris Berg — Next time, There’s always a next time.Krista Baker — Advertisements, Do Your Advertisements Make Sense to Readers?Jim Duncan — NAR gateway, Preliminary NAR Gateway Report releasedDoug Quance — Musical chairs, Musical Chairs With Brokerage SignsGary Elwood — Hidden desires, Political Pollster Spills the Beans: How to Find Those Hidden DesiresBrian Brady — Jesuits, Some of the Many Are ConsumersBrian Brady — Technology, Technology is a TOOL Not a SolutionChris Lengquist — Credit problems, Why We As A Nation Have Credit ProblemsBrian Boero — Redfin, The school of Redfin, Part IIDan Green — Consumer confidence, Showing How Consumer Confidence Surveys Lead Economists AstrayTrevor Smith — New Fed rules, The One Law to Rule them AllDan Melson — New Fed rules, New Proposed Federal Reserve Rules: Is This Supposed to Be Helpful Regulation?Gary Elwood — Emotions, 10 Core Emotions So People Understand Your Message at the Gut LevelRussell Shaw — FTC, A Bolt From the Blue for the FTCGeno Petro — Bumper stickers, How do I really feel about that, I wonder?Jeff Kempe — Excellence, Excellence UnchainedJay Thompson — Web 2.0, Web 2.0 — Fashion, Fad or What?Krista Baler — Assumptions, Are You Assuming Too Much About Your Business?Jeff Brown — Bernanke, Bernanke Goes To The Statue of Liberty Play — Bank System ScoresKelley Koehler — Fair housing, Fun with Fair HousingJeff Brown — Telescope, Looking Through the Wrong End of the TelescopeGlenn Kelman — TV tips, Eyewitness “Today” Account + Twelve Live TV TipsKrista Baker — Marketing plan, How To Create Your 2008 Business and Marketing PlanGary Elwood — Copy length, How to Settle the Long v. Short Web Copy DebateJeff Brown — Market correction, The Truth — ‘They’ Don’t Have A Clue When This Correction Will EndMorgan Brown — Struggling in quicksand, Struggling in Quicksand - Why the Government Continues to Exacerbate the ProblemTeri Lussier — Selling vacant, How to sell a vacant home this winter: Make like a Boy ScoutMichael Wurzer — Centralization, Centralization Is A BugChris McKeever — Your way, Your way, isn’t always the best way…Mike Farmer — Zillow, Zillow — Microcosm of A Bigger Problem [...] […] Here is this week’s short-list of Odysseus Medal nominees: Sean Broderick — Shift happens, Shift HappensAndrew Mattie — IDX, Basic IDX Questions, AnsweredEric Blackwell — Optimization, Optimization Unchained!Geno Petro — Dull people, I see dull people…Kris Berg — Science v. religion, Science versus ReligionKris Berg — Prop 91, I’ve got a proposition for you.Kris Berg — Next time, There’s always a next time.Krista Baker — Advertisements, Do Your Advertisements Make Sense to Readers?Jim Duncan — NAR gateway, Preliminary NAR Gateway Report releasedDoug Quance — Musical chairs, Musical Chairs With Brokerage SignsGary Elwood — Hidden desires, Political Pollster Spills the Beans: How to Find Those Hidden DesiresBrian Brady — Jesuits, Some of the Many Are ConsumersBrian Brady — Technology, Technology is a TOOL Not a SolutionChris Lengquist — Credit problems, Why We As A Nation Have Credit ProblemsBrian Boero — Redfin, The school of Redfin, Part IIDan Green — Consumer confidence, Showing How Consumer Confidence Surveys Lead Economists AstrayTrevor Smith — New Fed rules, The One Law to Rule them AllDan Melson — New Fed rules, New Proposed Federal Reserve Rules: Is This Supposed to Be Helpful Regulation?Gary Elwood — Emotions, 10 Core Emotions So People Understand Your Message at the Gut LevelRussell Shaw — FTC, A Bolt From the Blue for the FTCGeno Petro — Bumper stickers, How do I really feel about that, I wonder?Jeff Kempe — Excellence, Excellence UnchainedJay Thompson — Web 2.0, Web 2.0 — Fashion, Fad or What?Krista Baler — Assumptions, Are You Assuming Too Much About Your Business?Jeff Brown — Bernanke, Bernanke Goes To The Statue of Liberty Play — Bank System ScoresKelley Koehler — Fair housing, Fun with Fair HousingJeff Brown — Telescope, Looking Through the Wrong End of the TelescopeGlenn Kelman — TV tips, Eyewitness “Today” Account + Twelve Live TV TipsKrista Baker — Marketing plan, How To Create Your 2008 Business and Marketing PlanGary Elwood — Copy length, How to Settle the Long v. Short Web Copy DebateJeff Brown — Market correction, The Truth — ‘They’ Don’t Have A Clue When This Correction Will EndMorgan Brown — Struggling in quicksand, Struggling in Quicksand - Why the Government Continues to Exacerbate the ProblemTeri Lussier — Selling vacant, How to sell a vacant home this winter: Make like a Boy ScoutMichael Wurzer — Centralization, Centralization Is A BugChris McKeever — Your way, Your way, isn’t always the best way…Mike Farmer — Zillow, Zillow — Microcosm of A Bigger Problem […]

]]> by: Jeff Brown http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4317 Sun, 23 Dec 2007 22:21:14 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4317 Thanks Robert -- Merry Christmas! Thanks Robert — Merry Christmas!

]]> by: Robert Kerr http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4316 Sun, 23 Dec 2007 22:16:13 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4316 Bernanke is killing our currency and making the eventual day of reckoning much worse. Rate cuts, auctions, $20B bi-weekly cash injections do not fix anything, they merely delay the ultimate conclusion, while decimating the value of the greenback. When the recession finally hits, and it will, soon, it will be massive. And protracted. And it will probably be accompanied by spiking inflation. Bernanke is killing our currency and making the eventual day of reckoning much worse.

Rate cuts, auctions, $20B bi-weekly cash injections do not fix anything, they merely delay the ultimate conclusion, while decimating the value of the greenback.

When the recession finally hits, and it will, soon, it will be massive. And protracted. And it will probably be accompanied by spiking inflation.

]]> by: One Of The Many Reasons Why I’m An Optimist About The Las Vegas Housing Market http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4206 Thu, 20 Dec 2007 08:06:29 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4206 [...] Bernanke Goes To The Statue of Liberty Play — Bank System Scores  should be read, but here’s the money quote:  [...] […] Bernanke Goes To The Statue of Liberty Play — Bank System Scores  should be read, but here’s the money quote:  […]

]]> by: BawldGuy http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4171 Tue, 18 Dec 2007 15:38:23 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4171 Jon -- The downside? There's plenty of it to go around, that's for sure. The Bears on Wall Street for example. They're now so entrenched in the 'shorting' side of the market, if we avoid recession their gooses are cooked. They almost need the downside. Also, the so called sub-prime bailout is, in my viewpoint, much ado about not much. Probably less than 200K homeowners will actually be helped -- not a big impact. Inflation? The liquidity Bernanke keeps pumping into the banking system, both here and abroad, hasn't resulted in inflation. Bears keep rambling on about it, but the economy keeps sucking it up like a neglected Dyson. :) Inflation can only occur when there's an over production of capital injected into our economy. Just like the times leading to the Great Depression, (though obviously to a much lesser degree now) liquidity is a huge part of the problems we face. Earlier this year Jon, Ben put more than $100 Billion in the system, and no inflation. Why? It's like a giant sponge that's so dry it's dusty. Pour a bunch of water on it and the sponge soaks it all up -- with nothing under it getting wet. Imagine the opposite. Bears, at least many of them, want him to raise rates! That's what the Fed did in 1929 for God's sake. I guess some folks have to stick their fingers in the light socket a couple times to figure things out. :) My final thought is the relative dangers of inflation vs depression. If Ben ultimately pours too much new cash in, and inflation goes to say, 5% or so, he can fix that without having done any real economic damage. However, if lack of liquidity drives banks into hiding again, and the dominoes begin falling... Depressions don't have a menu of quick fixes. Thanks for stopping by Jon -- don't be a stranger. Jon — The downside?

There’s plenty of it to go around, that’s for sure.

The Bears on Wall Street for example. They’re now so entrenched in the ’shorting’ side of the market, if we avoid recession their gooses are cooked. They almost need the downside.

Also, the so called sub-prime bailout is, in my viewpoint, much ado about not much. Probably less than 200K homeowners will actually be helped — not a big impact.

Inflation? The liquidity Bernanke keeps pumping into the banking system, both here and abroad, hasn’t resulted in inflation. Bears keep rambling on about it, but the economy keeps sucking it up like a neglected Dyson. :)

Inflation can only occur when there’s an over production of capital injected into our economy. Just like the times leading to the Great Depression, (though obviously to a much lesser degree now) liquidity is a huge part of the problems we face.

Earlier this year Jon, Ben put more than $100 Billion in the system, and no inflation. Why? It’s like a giant sponge that’s so dry it’s dusty. Pour a bunch of water on it and the sponge soaks it all up — with nothing under it getting wet.

Imagine the opposite.

Bears, at least many of them, want him to raise rates! That’s what the Fed did in 1929 for God’s sake. I guess some folks have to stick their fingers in the light socket a couple times to figure things out. :)

My final thought is the relative dangers of inflation vs depression. If Ben ultimately pours too much new cash in, and inflation goes to say, 5% or so, he can fix that without having done any real economic damage. However, if lack of liquidity drives banks into hiding again, and the dominoes begin falling…

Depressions don’t have a menu of quick fixes.

Thanks for stopping by Jon — don’t be a stranger.

]]> by: jon http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4168 Tue, 18 Dec 2007 14:12:16 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4168 I agree, thoughtful article. What's your take on the downside though (I haven't read the book)? As I see it, more money leads to inflation. There are far too many factors to figure in, but while I am NOT an inflation guy (salaries don't track it well enough), I wonder sometimes if inflating to help absorb the loss is not such a bad idea. Anyway, what's your take? I agree, thoughtful article. What’s your take on the downside though (I haven’t read the book)? As I see it, more money leads to inflation. There are far too many factors to figure in, but while I am NOT an inflation guy (salaries don’t track it well enough), I wonder sometimes if inflating to help absorb the loss is not such a bad idea. Anyway, what’s your take?

]]> by: BawldGuy http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4161 Tue, 18 Dec 2007 06:56:21 +0000 http://www.bawldguy.com/bernanke-goes-to-the-statue-of-liberty-play-bank-system-scores/#comment-4161 Nobody goes undefeated, do they? Nobody goes undefeated, do they?

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