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User Info Weekly Political And Economic Wrap in forum [Ticker]
Genesis
Posts: 71378
Incept: 2007-06-26
A True American Patriot!
KD^2
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http://market-ticker.org/archives/628-We....

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-10-25 12:33:13
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Krisb
Posts: 163
Incept: 2008-05-04

Vancouver BC. Canada
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THE BEST POLITICAL SPEACH I HAVE EVER HEARD. WHERE CAN I VOTE FOR YOU. LOL

2008-10-25 12:47:01
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Jparks
Posts: 490
Incept: 2008-04-07

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Not possible, as it is requires sincerity, something impossible for McCain. His attempts at being sincere come off hollow and phony, which is why he is losing.

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"We used to be a country that made ****. Now, we just have our hand in everybody else's pocket." Sobatka, The Wire.
2008-10-25 12:57:03
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Videopro
Posts: 882
Incept: 2007-08-03
L.A. Area
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So here we are with just over one week before the election, and I am compelled to cite Einstein one more time:

"Insanity: Doing the same thing over and over and expecting a different result."



Then...


He's not going to get money in the latest one.



Why were there PREVIOUS ones??

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"The Spinning Cyclone Of Deflation Is Fueled By Deficit Spending. An efficient asset destroying storm powered by the printing press". - Me
2008-10-25 13:12:41
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Genesis
Posts: 71378
Incept: 2007-06-26
A True American Patriot!
KD^2
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He didn't get money in the previous one either.

He got about 500 pages of Tickers.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-10-25 13:15:59
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Medicis
Posts: 11
Incept: 2008-10-17
Morganton, NC
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I am pretty much of a novice here and I don't want to sound in any way the 'conspiracy theorist' but I wonder, would either McCain or Obama have become our 'candidates' without the approval of the plutocrats who seem to direct this nation? Why is it that Obama gets so much money from Wallstreet? Could either of these pos even consider cutting the strings that bind? It seems apparent to me that some folks (whoever they are) have no interest in restoring our nation to fiscal responsibility or to solvency? And the motive of personal financial gain seems insufficient. So I have to ask myself, what can account for their despicable actions?

And I apologize if my musings seem 'far out'. I just can't make sense of the behaviors of our two 'chosen' candidates nor those of asswipes like Paulson and Bernanke, and, of course, congress.

And yes, even though there a probably issues on which we might differ, I'd vote for you in a heartbeat if only because you appear honest and perspicacious in your vision.

2008-10-25 13:39:42
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Genesis
Posts: 71378
Incept: 2007-06-26
A True American Patriot!
KD^2
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Medicis: In Florida there are nearly a dozen candidates for President on the ballot, not two.

Stop bitching about "what we're offered"; there are in fact many choices, and the responsibility to choose wisely is yours, along with everyone else in this nation.

Either take responsibility and raise hell, or sit down and be a good little sheep. Whining accomplishes nothing.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-10-25 13:43:38
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Fisticuffs
Posts: 865
Incept: 2007-07-28
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I'd vote for anyone who promised to act in the manner presented in the ticker. However, it takes a certain kind of person, who holds a certain system of beliefs, to act that way. McCain simply isn't that person. The candidate you are hoping to vote for isn't running in this election. I'm not suggesting Obama would do any of what is stated in the ticker, merely that you'd have the same chance of getting Ronald Reagan to run for office, which isn't possible for two reasons...

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B(ern)ank(e)
2008-10-25 13:52:20
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Nevertoolate
Posts: 826
Incept: 2007-08-26
A True American Patriot!
San Antonio de Bexar de runover with illegals, Texas
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If McCain would give that speech I'd send him 10K. Not a dime until then. You have once again "hit the clavo on the cabeza" (hit the nail on the head). Without a speech like this to "energize" the voters in the swing states McCain is DOA as far as being elected POTUSA. Also, whenever you decide to run, don't get a speechwriter, you're mastery of the english language is beyond compare.

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Vote with your $. Buy Non-Union AMERICAN made products.
Before you attempt to beat the odds, be sure that you can survive the odds beating you.The only true "Change YOU can believe in" will be when we get 535 (now 534) new CONgresspeople.
2008-10-25 14:05:54
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Mm^^
Posts: 2330
Incept: 2008-10-01
A True American Patriot!
Gone, Baby, Gone
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I actually did a bit more than that prior to the bail-out vote. I called the DC office, got finance department, and said, "I'd like to make a significant contribution. Could you put your supervisor on the line?"

Man, in a NY second, there was a guy (didn't remember his name) saying,
"Yes sir, how may I help you?"

To paraphrase, I said something like: I want to know if McCain can lead. I want to know if he is a REAL maverick. I want to know if he has the guts to stand up this farce of a bail-out bill and investigate the parties before he supports it.

After he does that, I'll cut a check. -----what repspnse did I get?


SILENCE, then "Thank you for calling."

NO, "I'll pass it along", no "he's doing that now" no nothing...

My impression is that he has supporters that can write way bigger checks than me already committed to what he would do.

No chance, Gen..........sorry.

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I always leave cookies.
2008-10-25 14:20:37
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Themortgagedude
Posts: 3929
Incept: 2007-12-17

saint louis
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My fellow Americans, politicians don't get elected by promising their constituents economic pain or asking for them to understand sacrifice. But thats what I'm here to do. There comes a time every generation or so when Americans are asked to make great sacrifices, and not since WW2 has our country been faced with times like these. If elected I will raise your taxes, I will reduce entitlement programs, I will use these monies to rebuild America's infrastructure and create job, and I will use these monies to invest in alternative energy projects. I understand that I am losing this race currently and this is going to be seen as a desperate move by a desperate candidate. So be it. The truth needs to be told. And I have got another promise, no more nation building for us for the next 4 years, we can't afford it. As much as I hate to - the troops are coming home.

I'm an old man, my time in public life is near its end. If elected I won't be running for reelection - and as such I don't give a damn what the special interests say. You want a president for once to do whats right for the country pull the lever or mark the X for John McCain. If you want to have a president indebted to special interests and worried about his reelection vote for That Other Guy. After my four years of office I don't anticipate living long enough to care what my legacy will be - if elected I will do the right thing. This includes prosecuting all of those who put us in this precarious position we are in now.

------------------------------------------------------------------------------

And so on. Appeal to us to do the right thing and the American people will do it. We are just awful damn tired of being lied to. You're right Karl without coming clean at The Straight Talk Express he will lose by monumental proportions.

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"These are interesting times. We don't trust the government, we don't trust the legal system, we don't trust the media, and we don't trust each other! We've undermined all authority, and with it, the basis for replacing it! It's like a six-year-old's dream come true!"


2008-10-25 14:23:11
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Tesla
Posts: 8174
Incept: 2008-04-03
A True American Patriot!
Delaware
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Quote:
unbridled free-market capitalism without regulation is a disaster, since no regulation means that lying, cheating, and fraud will become "how business is done" (just look at the last eight years)


This is a significant area in which we differ; we have NOT had "unbridled free market capitalism" for the last 20 or even 100 years, which you even note when you say
Quote:
stark, true, and indisputable picture of knowing and willful refusal to enforce and uphold regulations
. Saying we've had unbridled capitalism when it isn't true just gives lots of unearned ammo to the socialists who are salivating to make it all even worse. What we've had is regulatory capture. It's a term with which you should acquaint yourself, and understand the ramifications.

To start simply: http://en.wikipedia.org/wiki/Regulatory_....

Quote:
Regulatory capture is a term used to refer to situations in which a government regulatory agency created to act in the public interest instead acts in favor of the commercial or special interests that dominate in the industry or sector it is charged with regulating.

For public choice theorists, regulatory capture occurs because groups or individuals with a high-stakes interest in the outcome of policy or regulatory decisions can be expected to focus their resources and energies in attempting to gain the policy outcomes they prefer, while members of the public, each with only a tiny individual stake in the outcome, will ignore it altogether. When this imbalance of focused resources devoted to a particular policy outcome is successful at "capturing" influence with the staff or commission members of a regulatory agency so that the preferred policy outcomes of the special interest are implemented, then regulatory capture has occurred.

Regulatory capture theory is a core focus of the branch of public choice referred to as the economics of regulation; economists in this specialty are critical of conceptualizations of regulatory intervention by governments as being motivated to protect public goods. Two often cited articles are Laffont & Tirole (1991) and Levine & Forrence (1990).

The theory of regulatory capture is associated with Nobel laureate economist George Stigler, one of its main developers. Two other cited references are Bernstein (1955) and Huntington (1952).


If we'd had unbridled capitalism we wouldn't have short selling bans appearing in the middle of the night, GSAs, lobbyist money going to regulators, presidential pardons for scumbags like Marc Rich, special mortgages for regulators and legislators, H1B visas so qualified but expensive Americans could be thrown out of selected jobs by underpaid foreigners, and hundreds of other political regulatory favors given for campaign cash and other favors.

We have had plenty of regulations; they have been ignored or selectively enforced according to the needs of the regulated parties. You've noted the process in many of your tickers - government has been acting to favor the pigmen, ie the regulated, to the detriment of the taxpayer. Why ? Because the taxpayer is perceived to have less clout than the financial firms with their megabillions.

Contrast government regulation and regulatory agencies to the efficacy of a private firm like Underwriter's Laboratory. Who does a better job, every time ? Government employees are just individuals who can't get sued doing their jobs or seemingly lose them due to imcompetence. They are not some super intelligent all-seeing force for good - in fact I can't think of one good government regulatory agency that hasn't caused mayhem, market distortion and even deaths with no accountability.

Don't rag on capitalism for the market woes - put the blame where it belongs, on the regulators and their cronies in the regulated industries. You can also blame the legislators for being so stupid that they can't see the blatant conflict of interest with Paulson at Treasury bailing out his brethren, or so venal that they choose to turn a blind eye in the hope of more contributions.


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"Neither the wisest Constitution nor the wisest laws will secure the liberty and happiness of a people whose manners are universally corrupt." Samuel Adams

I'd rather die on my feet than live on my knees. - Emiliano Zapata
2008-10-25 14:29:21
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Medicis
Posts: 11
Incept: 2008-10-17
Morganton, NC
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quote Genesis: "Medicis: In Florida there are nearly a dozen candidates for President on the ballot, not two.

Stop bitching about "what we're offered"; there are in fact many choices, and the responsibility to choose wisely is yours, along with everyone else in this nation.

Either take responsibility and raise hell, or sit down and be a good little sheep. Whining accomplishes nothing."

Pretty much (though not entirely) historically, and certainly currently, the U.S. elections are defined by a 2-party system - each of which has been regarded by writers on the right as well as the left as simply the opposite sides of the same coin. We have many 'parties' but the election infrastructure and many of the state laws regarding candidacy, the general attitudes of the populace towards third or fourth party voting, and what appears to be the media's presuppositions, etc.,, in practical terms... there will be only two. In practical terms, we reside in a de-facto 2-party system.

btw, regarding the derisive 'whining' ... I was not. I was merely observing and posing questions.

2008-10-25 15:12:32
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Zerosum
Posts: 3674
Incept: 2007-11-11

Yes. It's a train.
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But Gen, math is HARD!

From a cultural perspective, we're getting exactly what we deserve.

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Sic transit LORAN-C
2008-10-25 15:29:29
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Bw8472
Posts: 6446
Incept: 2007-06-28
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You get the representation you deserve.

People were silent about issues until it affects their money, then they howl, however they say nothing about issues that are every bit as important maybe more so.

Well you can't have freedom when you let the core of it rot, and that's truth, which was in short supply at all times and in all dealings of this country.

Until the truth returns in all things, not just money, we're screwed.

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At what point then is the approach of danger to be expected? I answer, if it ever reach us, it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.

~Abraham Lincoln
2008-10-25 15:52:35
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Mm^^
Posts: 2330
Incept: 2008-10-01
A True American Patriot!
Gone, Baby, Gone
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At the start of the Revolution (the original one here in the USA), I think 1/3 were for it, 1/3 against, and 1/3 undecided). It happened anyway. (but by a hair, it succeeded).

People were euphoric, there were statesmen on every corner, life was grand. In every crisis since, there have been fewer and fewer such statesmen. This time around, none I can find are doing squat. (exception for KD and another few here)

You'll never have a majority of citizens that either understand or care what is happening. People are too short sighted for that to ever happen.

What I am looking for, instead of a "voter rebellion" is a return of statesmanship. Those that can spread the word, without regard to anything other than; it's the moral thing to do.

When we finally get the required amount of statesmen, then the rest will go critical mass, and change will be inevitable. The process will be "interesting" to say the least.

For me, I look forward to living in these times. It'll be an E ride for sure!

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I always leave cookies.

Last modified: 2008-10-25 16:38:27 by mm^^

2008-10-25 16:36:24
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Genesis
Posts: 71378
Incept: 2007-06-26
A True American Patriot!
KD^2
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~12% were willing to pick up arms in the Revolution.

Historically, with less than 10%, you are rebels, not revolutionaries, and are hung by the neck until dead.

The Founders put in place a system of government that should, correctly applied, remove the need to ever do that (have a revolution) here again.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-10-25 16:43:59
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Guyfawkes
Posts: 352
Incept: 2008-09-19
Texas
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You know, I have to wonder.....what would it take to get a realtively polished, intelligent, charismatic individual who said just what themortgagedude posted:

Quote:
My fellow Americans, politicians don't get elected by promising their constituents economic pain or asking for them to understand sacrifice. But thats what I'm here to do. There comes a time every generation or so when Americans are asked to make great sacrifices, and not since WW2 has our country been faced with times like these. If elected I will raise your taxes, I will reduce entitlement programs, I will use these monies to rebuild America's infrastructure and create job, and I will use these monies to invest in alternative energy projects. I understand that I am losing this race currently and this is going to be seen as a desperate move by a desperate candidate. So be it. The truth needs to be told. And I have got another promise, no more nation building for us for the next 4 years, we can't afford it. As much as I hate to - the troops are coming home.

I'm an old man, my time in public life is near its end. If elected I won't be running for reelection - and as such I don't give a damn what the special interests say. You want a president for once to do whats right for the country pull the lever or mark the X for John McCain. If you want to have a president indebted to special interests and worried about his reelection vote for That Other Guy. After my four years of office I don't anticipate living long enough to care what my legacy will be - if elected I will do the right thing. This includes prosecuting all of those who put us in this precarious position we are in now.


Would they get the necessary airtime, press coverage, and support that would be needed to even make a good showing? I wouldn't expect them to win on the first go-around, but maybe enough to launch into a 2nd campaign 4 years later and potentially be successful then, or at least give a solid footing for a 3rd party. And what ideology would they need to have in order to get the necessary support? Liberal? Conservative? Moderate? Populist?

Just rambling I suppose, but I'm darn sick and tired of what we've been presented with the last 3 elections......12 YEARS......and IMHO, this election is one example of 'the same' and an example of 'extreme liberalism'.....again, just rambling, but I keep wondering what it will take to get someone who is for "J6P", "Main Street", whatever you want to call it, instead of someone who is bought and paid for by Wallstreet or special interests. What about someone who is funded by an independent think-tank, or what if Bill Gates or some other billionaire gave their fortune to start this group......

Guess that's what I get for sitting and thinking too long on the back porch on a Saturday.

EDIT: Mm^^ and I posted around the same time - I would be just as happy to see Statesmanship as I would a 3rd party....I just hope one of them is possible in my lifetime.

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It's still "We, the People".....right?

Last modified: 2008-10-25 16:50:28 by guyfawkes

2008-10-25 16:46:31
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Jparks
Posts: 490
Incept: 2008-04-07

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..............and even if he said those things, would he do them?? I doubt it. He has no history, the "Maverick" is a manufactured legend. John McCain does not want to be president, he wants to be commander in chief.

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"We used to be a country that made ****. Now, we just have our hand in everybody else's pocket." Sobatka, The Wire.

Last modified: 2008-10-25 16:49:23 by jparks
Reason: spelling

2008-10-25 16:48:40
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Musashi
Posts: 2942
Incept: 2007-11-06
Behind the Irony Curtain
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Quote:
Would they get the necessary airtime, press coverage, and support that would be needed to even make a good showing?


Ron Paul is proof that the answer is NO.

2008-10-25 16:56:43
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Genesis
Posts: 71378
Incept: 2007-06-26
A True American Patriot!
KD^2
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Ron Paul is unfortunately not willing to get out in front of the cameras and say what needs to be said.

As soon as you start on "Kill The Fed" you get labelled a moonbat and the camera turns off.

The fact of the matter is that we had horiffic crashes before The Fed, so pointing to The Fed as the cause of THIS ONE is not only facutally incorrect, its foolish.

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"The monetary base in ALL modern monetary systems is the sum of unencumbered assets against which one is both WILLING AND ABLE to borrow." - Me
2008-10-25 16:58:04
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Musashi
Posts: 2942
Incept: 2007-11-06
Behind the Irony Curtain
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That is debatable.
All sorts of special interest legislation was a contributing factor, interest rate policy under Greenspan was one of them.
So IMO it is legitimate to question the existence of a privately owned central bank.

2008-10-25 17:06:05
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Mm^^
Posts: 2330
Incept: 2008-10-01
A True American Patriot!
Gone, Baby, Gone
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Quote:
The Founders put in place a system of government that should, correctly applied, remove the need to ever do that (have a revolution) here again.



"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants." -
-- Thomas Jefferson

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I always leave cookies.
2008-10-25 17:09:37
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Drake
Posts: 938
Incept: 2007-07-27
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I am faxing and calling.

Please don't just read this and agree and then slap Karl on the back and wish that you too had the balls to do the right thing. You can do the right thing!

Take ACTION! Start Faxing, make copies and hand them out to your neighbors (I have had a very surprising positive response!) Make phone calls.

Do something!

Man the PUMPS! Save this beautiful ship!!!

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The wise are aware of their treasure, while fools follow their vanity.

Reality is the murder of a beautiful theory by a gang of ugly facts!

2008-10-25 17:12:22
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J6p
Posts: 1588
Incept: 2008-10-07
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I keep seeing NC in the blue camp but I don't know about that. Not that it matters but just wanted to point that out. My county is primarily Republican and in the 04 election there was about a 4:1 disparity b/t Kerry and Bush signs in yards. So far there has been about 9:1 disparity of Obama to McCain signs. I literally had to make it a point to find one the other day while I was out.

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"Master your past in the present, or your past will master your future" -weirdchina
2008-10-25 17:26:50
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