IDN Forums - Internationalized Domain Names  
Home | Advertise on idnforums | Premium Membership

Go Back   IDN Forums - Internationalized Domain Names > IDN Discussions > General Discussion

General Discussion Feel free to talk about anything and everything in this board.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 26th January 2008, 09:47 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Why Bernanke Was Wrong - Motley Fool

Some Interesting comment here:

On that day, we learned for certain what many of us had long been suspecting. The current Federal Reserve under Chairman Ben "Helicopter" Bernanke:

* Answers to Wall Street banks and Jim "Mad Money" Cramer.
* Is spurred to action by stock market gyrations.
* Acts directly contrary to its primary duty of fighting inflation.
* Wants to "help" by trying to reinflate the bursting housing bubble.

...In years gone by, aggressive rate cuts helped stimulate the American economy by encouraging domestic investment and spending. That worked wonders when manufacturing and consumption were heavily centered in the United States. These days, however, the rules of the global game have changed. A policy that may have worked years ago will fail in today's globalized economy. As a result of continued Fed missteps, capital is clearly fleeing the U.S. for more lucrative opportunities abroad...

.....That's why, at Motley Fool Global Gains, we believe that every American investor must have exposure to foreign economies

http://www.fool.com/investing/intern...was-wrong.aspx
__________________
All offers to sell are void.
Reply With Quote
  #2 (permalink)  
Old 26th January 2008, 09:59 AM
Moderator
 
Join Date: Dec 2005
Posts: 7,864
iTrader: (60)
Rep Power: 2206
bwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enough
Re: Why Bernanke Was Wrong - Motley Fool

QUOTES...from article about the US economy:

"Lost in all of the banking panic is that the real economy is turning in impressive results"

"Aside from people who borrowed too much to buy homes they couldn't afford and banks that devised
too-clever derivative securities to try to pass on the risks, the overall economy is not so horribly off-track."

Not sure IMO that this is the picture moving forward!~
Reply With Quote
  #3 (permalink)  
Old 26th January 2008, 10:00 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by bwhhisc
QUOTES...from article about the US economy:

"Lost in all of the banking panic is that the real (US) economy is turning in impressive results"

"Aside from people who borrowed too much to buy homes they couldn't afford and banks that devised too-clever derivative securities to try to pass on the risks, the overall economy is not so horribly off-track."
Yes, those comments do rather undermine the guy's credibility somewhat! :p
__________________
All offers to sell are void.

Last edited by Rubber Duck; 26th January 2008 at 10:14 AM..
Reply With Quote
  #4 (permalink)  
Old 26th January 2008, 10:18 AM
Moderator
 
Join Date: Dec 2005
Posts: 7,864
iTrader: (60)
Rep Power: 2206
bwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enough
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by Rubber Duck
Yes, those comments do rather undermine the guys credibility somewhat! :p
Actually, his article is a come on for his service of selling advice for where to invest in the stock market.
Over a long period, the track record at the Motley Fool is very good, but I don't think the stock market is the place to be.
To quote Jim Cramers famous line, the economy IMO is heading for "the house of pain".
Reply With Quote
  #5 (permalink)  
Old 26th January 2008, 10:26 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by bwhhisc
Actually, his article is a come on for his service of selling advice for where to invest in the stock market.
Over a long period, the track record at the Motley Fool is very good, but I don't think the stock market is the place to be.
To quote Jim Cramers famous line, the economy IMO is heading for "the house of pain".
This is a good commentary from the FT:

http://www.ft.com/cms/s/0/f49c67e8-c...077b07658.html

My pick:

"Furthermore, the domestic political pressures on the Fed are stronger. The US is the epicentre of the current economic storm: it is there that the subprime crisis began; it is there, too, that house prices have already fallen significantly. Americans also expect their monetary and fiscal authorities to try to eliminate even the risk of significant slowdowns. For this very reason the Fed has a mandate to seek maximum employment, while the Bank’s primary objective is its explicit inflation target."

My perception is that Recessions are necessary. They provide corrections that are essential to development. Trying to keep an Aeroplane permanently in the Air is possibly not a clever thing to try to do! I think Bernanke is trying to buck the market. I think it will come back and bite his arse.
__________________
All offers to sell are void.
Reply With Quote
  #6 (permalink)  
Old 26th January 2008, 10:36 AM
Moderator
 
Join Date: Dec 2005
Posts: 7,864
iTrader: (60)
Rep Power: 2206
bwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enough
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by Rubber Duck
My perception is that Recessions are necessary. They provide corrections that are essential to development. Trying to keep an Aeroplane permanently in the Air is possibly not a clever thing to try to do! I think Bernanke is trying to buck the market. I think it will come back and bite his arse.
People just need to quit living on credit they aren't going to be able to pay back for years and years.
It's now clear why the banks lobbied for changes to personal bankrupcy laws a few short years back. :p
Reply With Quote
  #7 (permalink)  
Old 26th January 2008, 10:38 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by bwhhisc
People just need to quit living on credit they aren't going to be able to pay back for years and years.
It's now clear why the banks lobbied for changes to personal bankrupcy laws a few short years back. :p
Yep, and that includes US Presidents. :p
__________________
All offers to sell are void.
Reply With Quote
  #8 (permalink)  
Old 26th January 2008, 10:41 AM
Moderator
 
Join Date: Dec 2005
Posts: 7,864
iTrader: (60)
Rep Power: 2206
bwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enough
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by Rubber Duck
Yep, and that includes US Presidents. :p
Amen.
Reply With Quote
  #9 (permalink)  
Old 26th January 2008, 12:49 PM
touchring's Avatar
Veteran
 
Join Date: Dec 2005
Posts: 7,547
iTrader: (29)
Rep Power: 1263
touchring is an unknown quantity at this point
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by bwhhisc
Over a long period, the track record at the Motley Fool is very good, but I don't think the stock market is the place to be.
To quote Jim Cramers famous line, the economy IMO is heading for "the house of pain".


If stocks fall out of fashion, I don't mind buying google at one hundred fifty bucks. :o
Reply With Quote
  #10 (permalink)  
Old 26th January 2008, 01:05 PM
jose's Avatar
Veteran
 
Join Date: Jan 2006
Posts: 8,720
iTrader: (49)
Rep Power: 5422
jose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nicejose is just really nice
Re: Why Bernanke Was Wrong - Motley Fool

The subprime for Dummies: http://news.bbc.co.uk/1/hi/business/7073131.stm

And for the ones who missed it: http://www.youtube.com/watch?v=I20lMyYW83E

And, have you heard this theory: Did SocGen trades trigger market rout, Fed cut?
http://news.yahoo.com/s/nm/20080124/...gen_markets_dc
__________________
Looking for the perfect, still free .com domain name, for your next endeavor? Ask me. $5 only. Here's my most recent, 101th story of success: CarRealtime.com
Reply With Quote
  #11 (permalink)  
Old 26th January 2008, 06:46 PM
Drewbert's Avatar
Administrator
 
Join Date: Feb 2006
Posts: 6,091
iTrader: (20)
Rep Power: 0
Drewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgy
Re: Why Bernanke Was Wrong - Motley Fool

GWB early Jan 2008: "The economy is strong"

GWB a few days later: "Sorry I can't come to the phone right now, I'm in crisis talks with the congress, desperately trying to stave off a recession."

EVERY business venture Dubya tried b4 he went into politics either failed, or had to be bailed out by Daddy's rich friends. Now he's done it to the entire country.

The first bank closure since 1994 just occurred with the FDC appointed as liquidator. Get ready for the rush...
__________________
It's all jaded style to me.

Last edited by Drewbert; 26th January 2008 at 06:55 PM.. Reason: Automerged Doublepost
Reply With Quote
  #12 (permalink)  
Old 26th January 2008, 10:08 PM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Why Bernanke Was Wrong - Motley Fool

The problem is that the American Democratic process is much less capable of spotting talent than American Idol, and that is dire enough at times!

Quote:
Originally Posted by Drewbert
GWB early Jan 2008: "The economy is strong"

GWB a few days later: "Sorry I can't come to the phone right now, I'm in crisis talks with the congress, desperately trying to stave off a recession."

EVERY business venture Dubya tried b4 he went into politics either failed, or had to be bailed out by Daddy's rich friends. Now he's done it to the entire country.

The first bank closure since 1994 just occurred with the FDC appointed as liquidator. Get ready for the rush...
__________________
All offers to sell are void.
Reply With Quote
  #13 (permalink)  
Old 26th January 2008, 10:34 PM
Moderator
 
Join Date: Dec 2005
Posts: 7,864
iTrader: (60)
Rep Power: 2206
bwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enough
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by Rubber Duck
The problem is that the American Democratic process is much less capable of spotting talent than American Idol, and that is dire enough at times!
So who would you like to see as our next president? (wide open, they don't even have to be running for office)
Reply With Quote
  #14 (permalink)  
Old 26th January 2008, 10:45 PM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by bwhhisc
So who would you like to see as our next president? (wide open, they don't even have to be running for office)
Well I am not really overly impressed with the choice that are running so far.

I guess of the candidates the Clinton has to be the pick of the democrats and Romney for the Republicans. At this stage the only likely wild card is Michael Bloomberg, I guess. An independent would really make a difference, if he could survive 4 years in Washington. I guess avoiding another religious zealot would be a good thing. In Hindsight perhaps Kerry would have done a better job, but I must admit he didn't appeal to me at the time.
__________________
All offers to sell are void.
Reply With Quote
  #15 (permalink)  
Old 26th January 2008, 10:46 PM
Drewbert's Avatar
Administrator
 
Join Date: Feb 2006
Posts: 6,091
iTrader: (20)
Rep Power: 0
Drewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgyDrewbert is a tad dodgy
Re: Why Bernanke Was Wrong - Motley Fool

Al Gore, baybeee!!!!
__________________
It's all jaded style to me.
Reply With Quote
  #16 (permalink)  
Old 26th January 2008, 10:50 PM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by Drewbert
Al Gore, baybeee!!!!
Wasn't he black balled by the CIA last time out?
__________________
All offers to sell are void.
Reply With Quote
  #17 (permalink)  
Old 27th January 2008, 12:11 AM
Member
 
Join Date: Jul 2007
Posts: 406
iTrader: (12)
Rep Power: 591
websjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished road
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by bwhhisc
So who would you like to see as our next president? (wide open, they don't even have to be running for office)
ARNIEEEEEEEEEEEEEEEEEE

"There is another way you can tell you're a Republican. You have faith in free enterprise, faith in the resourcefulness of the American people ...and faith in the U.S. economy. To those critics who are so pessimistic about our economy, I say: Don't be economic girlie men!"

http://www.usatoday.com/news/politic...fulltext_x.htm
Reply With Quote
  #18 (permalink)  
Old 27th January 2008, 07:00 AM
Rubber Duck's Avatar
Veteran
 
Join Date: Sep 2005
Location: Czech Republic (For those of you from USA = Chechnya)
Posts: 15,929
iTrader: (59)
Rep Power: 4514
Rubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura aboutRubber Duck has a spectacular aura about
Re: Why Bernanke Was Wrong - Motley Fool

Mercifully, the constitution bars him from standing. :p

Quote:
Originally Posted by websjapan
ARNIEEEEEEEEEEEEEEEEEE

"There is another way you can tell you're a Republican. You have faith in free enterprise, faith in the resourcefulness of the American people ...and faith in the U.S. economy. To those critics who are so pessimistic about our economy, I say: Don't be economic girlie men!"

http://www.usatoday.com/news/politic...fulltext_x.htm
__________________
All offers to sell are void.
Reply With Quote
  #19 (permalink)  
Old 27th January 2008, 07:45 AM
Member
 
Join Date: Jul 2007
Posts: 406
iTrader: (12)
Rep Power: 591
websjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished roadwebsjapan is on a distinguished road
Re: Why Bernanke Was Wrong - Motley Fool

come on - what better way for their last hurrah than Arnold.
Reply With Quote
  #20 (permalink)  
Old 27th January 2008, 11:47 AM
Moderator
 
Join Date: Dec 2005
Posts: 7,864
iTrader: (60)
Rep Power: 2206
bwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enoughbwhhisc will become famous soon enough
Re: Why Bernanke Was Wrong - Motley Fool

Quote:
Originally Posted by websjapan
ARNIEEEEEEEEEEEEEEEEEE

"There is another way you can tell you're a Republican. You have faith in free enterprise, faith in the resourcefulness of the American people ...and faith in the U.S. economy. To those critics who are so pessimistic about our economy, I say: Don't be economic girlie men!"

http://www.usatoday.com/news/politic...fulltext_x.htm
ROTFLOL
If allowed to run, Arnold would probably have a pretty good go of it. No doubt it would make for an interesting election!

Quote:
Originally Posted by Rubber Duck
Well I am not really overly impressed with the choice that are running so far.
Neither are most of the voters :p

Last edited by bwhhisc; 27th January 2008 at 11:50 AM.. Reason: Automerged Doublepost
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 09:53 AM.

Site Sponsors
Your ad here
buy t-shirt
מחיר הזהב

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0
Copyright idnforums.com 2005

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54