Comments on: I Like Paul Farrell, America Is Going To Hell & Taking Value Investors Down With It!

By: mrgreenlust

mrgreenlust — Fri, 25 Jul 2008 20:55:37 +0000

Its easy to be scared by such numbers when you fail to mention that said debt will be due over a period of time and not instantaneously.

By: mrgreenlust

mrgreenlust — Fri, 25 Jul 2008 20:55:37 +0000

Its easy to be scared by such numbers when you fail to mention that said debt will be due over a period of time and not instantaneously.

By: yaktipper

yaktipper — Fri, 25 Jul 2008 20:37:56 +0000

10.6 trillion isn’t too bad when the US will be facing 40 trillion in Social Security and Medicare unfunded obligations.

I say let inflation run wild for a decade, then Tim can hand the cabbie a $100 trillion bill and pay off the national debt with the change.

By: yaktipper

yaktipper — Fri, 25 Jul 2008 20:37:56 +0000

10.6 trillion isn’t too bad when the US will be facing 40 trillion in Social Security and Medicare unfunded obligations.

I say let inflation run wild for a decade, then Tim can hand the cabbie a $100 trillion bill and pay off the national debt with the change.

By: mrgreenlust

mrgreenlust — Fri, 25 Jul 2008 20:32:00 +0000

US spent 3 Trillion on Iraq and yet people seem convinced that a paltry (by comparison) 25 billion for Fannie and Freddy is going to crush the Treasury.

The max national debt was increased from 9.8 to 10.6 billion so really how much worse off are we?

Housing data shows down trends but slowing down trends. It will get worse, and its so easy to be scared of that thought, but getting worse at a slower rate is also getting better.

By: mrgreenlust

mrgreenlust — Fri, 25 Jul 2008 20:32:00 +0000

US spent 3 Trillion on Iraq and yet people seem convinced that a paltry (by comparison) 25 billion for Fannie and Freddy is going to crush the Treasury.

The max national debt was increased from 9.8 to 10.6 billion so really how much worse off are we?

Housing data shows down trends but slowing down trends. It will get worse, and its so easy to be scared of that thought, but getting worse at a slower rate is also getting better.

By: yaktipper

yaktipper — Fri, 25 Jul 2008 20:28:12 +0000

I’ll keep my money out of the financials bet. Nothing predictable about the situation. Tim keeps trying to hammer home the low odds with large caps and I keep trying to listen.

By: yaktipper

yaktipper — Fri, 25 Jul 2008 20:28:12 +0000

I’ll keep my money out of the financials bet. Nothing predictable about the situation. Tim keeps trying to hammer home the low odds with large caps and I keep trying to listen.

By: johnnyvento

johnnyvento — Fri, 25 Jul 2008 05:20:17 +0000

haha yes they can Tony

that was a cynical political comment, not a comment about your analysis

you are a great trader

By: johnnyvento

johnnyvento — Fri, 25 Jul 2008 05:20:17 +0000

haha yes they can Tony

that was a cynical political comment, not a comment about your analysis

you are a great trader