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  • From: Leslie <cayadopi AT yahoo.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: [Homestead] hyper v depr debate continues
  • Date: Thu, 18 Dec 2008 07:45:08 -0800 (PST)

http://www.financialsense.com/Market/barbera/2008/1216.html
 
Barbera talks about the theme for 2009 being "supply destruction"
 
Talks about Bernanke's B-52 bomber drops of cash and monetizing the debt: 
"those arguing deflation must see they are fighting the combined forces of
the known universe and while it may take time, and likely will take time,
ultimately, they are likely to find themselves on the wrong side of a rising
equity market."
 
 
http://www.financialsense.com/Market/cpuplava/2008/1217.html
 
Puplava recalls Beranke's speech(es) from a while back, which outlined what
he thought BoJapan should do, and now seems to be following the same
prescription here.
 
Bernanke clearly believes in monetizing the debt, in part to spur consumer
spending, claiming no tax burdone...  and Bernanke claimed in 2003 speech,
 
"The health of the banking sector is irrelevant to this means of transmitting
the expansionary effect of monetary policy..." (Bernanke)
 
 
 
 
Lots of good stuff in these articles, including economic growth rates etc. 
Comparisons in demographics to market effects, etc.



>From lurine AT com-pair.net Thu Dec 18 12:42:39 2008
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From: "Lynda" <lurine AT com-pair.net>
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Subject: Re: [Homestead] Bad holiday/political humor
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Must be a biggie cause it seems he's been playing snitch now for about 10
years.

Maybe the whole country needs to go bankrupt so there wouldn't be money to
pay politicians and all the DC whores would stay home.

Lynda
----- Original Message -----
From: "Leslie" <cayadopi AT yahoo.com>


Jesse Jackson probably got caught with his fingers in the cookie jar and
worked a plea... that's how the gov't makes cases. The jailhouse term for
that is "getting on the bus".







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