Is the American Dream Dead?

#326
#326
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#327
#327
oklavol said:
We can read see the banks have paid back most of the govt money they received, but what's everyone opinion of the money given to General Motors?

Any chance they pay it back? They gave some huge bonuses to their employees this year.
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You may want to read again then. TARP is peanuts. In fact, it probably gets the bad press because people must have felt guilty what they were (formerly) doing behind closed doors at the FED. The TARP is peanuts, and apparently, the "big" banks have paid it back with tax dollars anyway. (To say nothing of the supermajority of banks which haven't even paid back TARP yet). Creative accounting at its finest. Sort of like the "creative revisionism" practiced by droski and BPV.

It's not just GM either. Get GE in there too. From the looks of it, everybody took advantage.

Are y'all this sold out to the Man? Really?
 
#328
#328
utgibbs said:
As I said, you'll take the mulligan.

Since when has the US published the M3 report btw? What have they needed to hide over the last decade or so?

The FED lost its appeal not to reveal where the money went:



FT.com / Companies / Banks - Fed reveals global extent of its backing



GAME, SET, AND MATCH. :dance2:

I would LOVE to see you and droski take your act on a Main Street Road Show. Why don't you march on Washington with your schtick? Maybe you can find the M3 reports the gov't hasn't written in a decade....

It needs to be said again: GAME, SET, and MATCH
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Was that really an answer? The FED isn't talking about who might have failed, even though its very own FDIC drives the train on capital standards and failures?

Have you yet figured out how to tie your money supply silliness to TARP or financial firm rescues?

Again, whether publicized or not, what the hell does M1, 2 or 3 have to do with financial rescue? You haven't stated the case that you have any freaking idea what the hell you're talking about. The two aren't related.

Are you really talking about someone's schtick? With your clear economic idiocy and your tossing about crap like this, de-industrialization, Eurocentric absurdity, better HC everywhere else in the world, better cities everywhere else, etc, etc, etc, ad nauseum and you think someone else might be found loony in DC. Hell, DC is full of showman style morons and even they'd begin using your name on the senselessness scale, as has been done here, where senselessness abounds.
 
#329
#329
utgibbs said:
You may want to read again then. TARP is peanuts. In fact, it probably gets the bad press because people must have felt guilty what they were (formerly) doing behind closed doors at the FED. The TARP is peanuts, and apparently, the "big" banks have paid it back with tax dollars anyway. (To say nothing of the supermajority of banks which haven't even paid back TARP yet). Creative accounting at its finest. Sort of like the "creative revisionism" practiced by droski and BPV.

It's not just GM either. Get GE in there too. From the looks of it, everybody took advantage.

Are y'all this sold out to the Man? Really?
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Nobody is doing any accounting. Look at where the outstanding funds lie. Your assertion that tarp and the money supply are propping up banks and loans is absolutely senseless. I mean, makes no freaking sense whatsoever. Dumb as hell. Clearly proffered by someone who has no idea what they're talking about.

You want to have a debate about money supply, macro econ, or the financial sector, knock your bad self out.
 
#330
#330
BigPapaVol said:
Was that really an answer? The FED isn't talking about who might have failed, even though its very own FDIC drives the train on capital standards and failures?

Have you yet figured out how to tie your money supply silliness to TARP or financial firm rescues?

Again, whether publicized or not, what the hell does M1, 2 or 3 have to do with financial rescue? You haven't stated the case that you have any freaking idea what the hell you're talking about. The two aren't related.
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What are you talking about? YOU brought up M1-3!!!!

I brought up the facts:

The Federal Reserve revealed details Wednesday of more than $3 trillion in emergency aid it provided to U.S. and foreign banks during the financial crisis.

Newly released documents show that the most loan money over time went to Citigroup ($2.2 trillion), followed by Merrill Lynch ($2.1 trillion), Morgan Stanley ($2 trillion), Bank of America ($1.1 trillion), Bear Stearns ($960 billion), Goldman Sachs ($620 billion), JPMorgan Chase ($260 billion) and Wells Fargo ($150 billion).

The Fed also detailed the $1.25 trillion in mortgage securities it bought from Fannie Mae and Freddie Mac to help drive down mortgage rates, ease credit and provide some support to the crippled housing market.
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Fed discloses banks that used crisis loans - Business - Stocks & economy - msnbc.com

Do you descend into absurdity to deflect attention away from the woodshed you are behind? And don't get into Freddie and Fannie. They are just fronts for the banks.

TARP was peanuts, as I said. The banks are in the red. Like I said. But please take your schtick to the DC lawn and win over the supermajority!
 
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#331
#331
if i loan you $1 trillion and the next day you pay me $1.0005 trillion have you lost money? do you actually realize what these loans (yes loans, not expenses) were for?
 
#332
#332
droski said:
if i loan you $1 trillion and the next day you pay me $1.0005 trillion have you lost money? do you actually realize what these loans (yes loans, not expenses) were for?
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Please show us where this has happened. Even TARP is in the red.

Moreover, if you have a bunch of "toxic" assets that no one wants, but the FED will swoop in and pay for them well over market price to the tune of at least 1.25 trillion, then, please tell me:

What is Capitalism?


The system remains in deep crisis. Without constant repair, it will collapse from the first push from the real world. Don't look now, but no one wants the OVER on 90 million barrels of oil production per day. Unfortunately, demand is already there....

US military warns oil output may dip causing massive shortages by 2015 | Business | The Guardian

Keep living the fantasy, droski! March on Washington.
 
#333
#333
utgibbs said:
What are you talking about? YOU brought up M1-3!!!!

I brought up the facts:



Fed discloses banks that used crisis loans - Business - Stocks & economy - msnbc.com

Do you descend into absurdity to deflect attention away from the woodshed you are behind? And don't get into Freddie and Fannie. They are just fronts for the banks.

TARP was peanuts, as I said. The banks are in the red. Like I said. But please take your schtick to the DC lawn and win over the supermajority!
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don't be a moron all the time. Fed pumping was one of your idiotic explanations and that's money supply. I know you have no idea what you're talking about, as do most with any financial sense, but try and make it less obvious.
 
#334
#334
utgibbs said:
Please show us where this has happened. Even TARP is in the red.

Moreover, if you have a bunch of "toxic" assets that no one wants, but the FED will swoop in and pay for them well over market price to the tune of at least 1.25 trillion, then, please tell me:

What is Capitalism?


The system remains in deep crisis. Without constant repair, it will collapse from the first push from the real world. Don't look now, but no one wants the OVER on 90 million barrels of oil production per day. Unfortunately, demand is already there....

US military warns oil output may dip causing massive shortages by 2015 | Business | The Guardian

Keep living the fantasy, droski! March on Washington.
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sweet jesus. go google repo loan and get back to me. i'm sick of playing teacher to the short bus.
 
#335
#335
I'll gladly give you the mulligan, boys. You were painted into a corner again. Throwing out the M3 which we haven't published in a decade or more was almost as brilliant as the thinking on the cancer rates. Repo loans? HAW HAW HAW.
 
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#336
#336
utgibbs said:
I'll gladly give you the mulligan, boys. You were painted into a corner again. Throwing out the M3 which we haven't published in a decade or more was almost as brilliant as the thinking on the cancer rates. Repo loans? HAW HAW HAW.
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You're just lost. The government pumping stupidity was your own red herring. How on earth you you think one would measure government pumping?

You really think you've stumbled onto something with this idiocy about published monetary count measures. It's actually proving you don't know, but if you did know, my entertainment value would drop off significantly. In fact, I'd you disnt try so hard to sound like you know something, you'd look brighter and value would fall to the floor. Preesh.

Your response here also tells me that you have no earthly idea about overnights.
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#337
#337
BigPapaVol said:
You're just lost. The government pumping stupidity was your own red herring. How on earth you you think one would measure government pumping?

You really think you've stumbled onto something with this idiocy about published monetary count measures. It's actually proving you don't know, but if you did know, my entertainment value would drop off significantly.
Posted via VolNation Mobile
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I'll give you yet another mulligan. I can afford to be generous. :hi: I eagled the hole, and you are still sitting on an M3 double bogey.

Believe me, my entertainment value is watching the Droski / BPV march on Washington:

"We've all made money now! Woot! Woot!"
 
#340
#340
utgibbs said:
I'll give you yet another mulligan. I can afford to be generous. :hi: I eagled the hole, and you are still sitting on an M3 double bogey.

Believe me, my entertainment value is watching the Droski / BPV march on Washington:

"We've all made money now! Woot! Woot!"
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gibbs, gsvol says that you're scared of him, which is why the two of you never seem to debate each other.

Is that true?
 
#341
#341
utgibbs said:
I'll give you yet another mulligan. I can afford to be generous. :hi: I eagled the hole, and you are still sitting on an M3 double bogey.

Believe me, my entertainment value is watching the Droski / BPV march on Washington:

"We've all made money now! Woot! Woot!"
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Your lost arse is acting like M3 doesn't exist. It does. What else is there to be said about it.

I asked you to tell me what they are amidst your idiocy of trying to tie TARP and fed pumping together. Your linking the two was stupid as hell, and you can't answer the other.

I know, pretend you know something and talk about woodsheds. Has proven an invaluable tool here.
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#343
#343
BigPapaVol said:
Your lost arse is acting like M3 doesn't exist. It does. What else is there to be said about it.

I asked you to tell me what they are amidst your idiocy of trying to tie TARP and fed pumping together. Your linking the two was stupid as hell, and you can't answer the other.

I know, pretend you know something and talk about woodsheds. Has proven an invaluable tool here.
Posted via VolNation Mobile
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M3 hasn't been published since 2006, BPV.

The Money Supply - Federal Reserve Bank of New York

In March 2006, the Board of Governors ceased publishing the M3 monetary aggregate.
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I give you the rope, but you hang yourselves.
 
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#344
#344
MG1968 said:
gibbs, gsvol says that you're scared of him, which is why the two of you never seem to debate each other.

Is that true?
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If he would limit his posts to one point at a time (and ONE jpg) I would be happy to debate him. As it stands, I'm just not going to wade through the majority of his posts. Although I make an exception on Global Heating, where he's been toasted.
 
#345
#345
#346
#346
utgibbs said:
If he would limit his posts to one point at a time (and ONE jpg) I would be happy to debate him. As it stands, I'm just not going to wade through the majority of his posts. Although I make an exception on Global Heating, where he's been toasted.
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so even you think he's long-winded and rambling and has a tendency to post useless photoshopped images that add little or nothing to the discussion.

interesting
 
#347
#347
Question:

If we gave the banks near zero interest loans, and they loan it back to us at 3 - 4%, thus securing almost three months of zero loss days ---

What is Capitalism?
 
#348
#348
utgibbs said:
If he would limit his posts to one point at a time (and ONE jpg) I would be happy to debate him. As it stands, I'm just not going to wade through the majority of his posts. Although I make an exception on Global Heating, where he's been toasted.
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Good thing someone else was there with a toaster.
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#349
#349
utgibbs said:
M3 hasn't been published since 2006, BPV.

The Money Supply - Federal Reserve Bank of New York



I give you the rope, but you hang yourselves.
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and people can't easily figure it out?

sgs-m3.gif
 
#350
#350
BigPapaVol said:
WTF does publication have to do with it? It's still a measure of Money Supply and one they use.

You know this becaue your lost arse had to google all of it to know what the hell I was talking about when addressing your pumping idiocy.
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They don't publish the M3, BPV (probably because they are printing too much money!!!!!).

You brought up this red herring. Not me. However, I don't mind slapping you with your own dead fish.
 
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