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Search: Posts Made By: badhatharry
Forum: Diavlog comments 12-30-2011, 10:44 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

I'm sure you are aware that my understanding of economic theory is pretty basic if it exists at all. Although, since I'd imagine the vast majority of folks in this country know ziltch about how the...
Forum: Diavlog comments 12-29-2011, 11:48 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

rosebud

http://www.blogonauts.com/eats-the-world/wp-content/uploads/2007/11/Charles-Foster-Kane.jpg
Forum: Diavlog comments 12-29-2011, 11:42 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

I agree that these problems existed in 2007. But I do not agree that it is clear that looser monetary policy is the answer for this either. Although I am not advocating any of these, there have been...
Forum: Diavlog comments 12-29-2011, 03:10 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

So I've been doing some reading...The Conservative Case for QE2 (http://www.nationalreview.com/articles/253936/conservative-case-qe2-david-beckworth?pg=1) and I came across this little bit:

If...
Forum: Diavlog comments 12-29-2011, 01:19 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

But you said unequivocally that the theory works and that the only problem is that the Fed has not been bold enough. You say that unemployment would go away of there was enough money injected into...
Forum: Diavlog comments 12-28-2011, 10:19 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

I was being sarcastic. There's always a down side.



Yes, I've read this. I need to research this a lot more before I come to a conclusion about whether this is ultimately a good thing but I...
Forum: Diavlog comments 12-28-2011, 01:58 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

right



Yeah, I've been reading about this...zero bound and all that.



Gosh it sounds so magically wonderful. Makes you wonder why anyone would balk at it although many do.
Forum: Diavlog comments 12-28-2011, 11:58 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

I thought I did explain how the government borrowing increases taxpayer burden. Just as in any loan, the interest is an increased burden to the taxpayer. It doesn't matter where the money comes from...
Forum: Diavlog comments 12-27-2011, 07:40 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

Well, I'm glad I was able to spot the difference between fiscal and monetary stimulus. And certainly one should be distinguished from the other but doesn't the Treasury borrow from the Fed to finance...
Forum: Diavlog comments 12-26-2011, 07:38 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

So here you are saying that the Fed bailing out the financial industry, the credit markets and housing was essentially business as usual for the Fed. They were just buying securities and therefore...
Forum: Diavlog comments 12-20-2011, 10:04 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

Thanks for bearing with me. So you don't agree with the CNN characterization. A couple of questions: Why would financial industry bailouts be considered monetary stimulus? same with the other...
Forum: Diavlog comments 12-17-2011, 04:18 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

I guess I have gone pretty far afield of your original thought. Sorry.

So your main complaint is the trillion she mentioned rather than the 787 billion you are calling the stimulus.
Here's a...
Forum: Diavlog comments 12-17-2011, 11:45 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

I'm not sure where $1000 comes from but I'll take your word for it and I'm not sure what this means: how is this related to the fact that the US government did NOT spend more $1000 billion dollars...
Forum: Diavlog comments 12-16-2011, 02:12 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

slightly abstruse don'tcha think, miceelf?
Forum: Diavlog comments 12-16-2011, 02:10 AM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

That's what the tax cut in the stimulus amounted to.
Forum: Diavlog comments 12-15-2011, 05:52 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Cylons and Voltron and Zombies! Oh My! (Adam Serwer & Katherine Mangu-Ward)

FYI, skeptics are not denying global warming but they generally do deny the justification of hysteria.

There has been a cry for this kind of debate for some time now (the cries coming from the...
Forum: Diavlog comments 12-15-2011, 05:40 PM
Replies: 67
Views: 12,595
Posted By badhatharry
Re: Katherine's pants are on fire

you said:


So $10 dollars more in your paycheck every week ($500 per taxpayer) was supposed to repair balance sheets and pay down mortages and student loans and credit cards?
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