Some INFLATION, not love.
US CPI year over year for January was zero - nada - nil - nought - zéro - nulle - el-zippo. However said, that's too low. This was the lowest reading since 1955, 54 years ago.
For all the talk about "cures" and "fixes", this is the easiest one. Some inflation would induce people to buy real assets: that means homes, buildings, land, etc. And it would drive the worry-worts out of Treasury bills into productive investments.
Think about it: instead of spending cash to bail out people who overspent on McMansions or used home equity loans to funds vacations, etc., some inflation would increase the values of the homes of those who did not.
Let's have some inflation ... NOW! Print money !
What to do with the money printed ? Easy ... start bidding on those so-called "toxic" assets and bidding on foreclosed homes. Re-sell them with 2% loans to young people. Sell the "toxic" assets to private equity with 2% non-recourse funding. Just print the money and get it into the system. Heck, printed money costs nothing, and the government will make 2% - a fair profit.
Money makes the world go around. Print money now !
Word of the Day
"Lief" - adverb [$10] archaic, from the card files, Shakespeare and Mencken.
Lief means gladly, willingly.
Sentence: (from Wimpy of the old Popeye cartoon) - I would lief pay you Tuesday for a hamburger today.
Le Mot du Jour
"Payer" - verb, transitive. This verb has two possible conjugations: one is a regular -er type and one has the y change to i before a mute e and for the future stem.
Payer means to pay.
La Phrase: Je serais bien content de payer à mardi un hamburger aujourd'hui.
Sentence: I would be glad to pay Tuesday for a hamburger today.
[ I fixed an earlier error :( ]
Note: The dictionary says that when used with "pay", the English word "for" is not translated.
PS: I'm not sure if today's "La Phrase" is good French, but technically I think it's correct.
PPS: The word "payer" an example of how French can be more readily learned by English speakers - much vocabulary of English comes from French, or both languages take it jointly from Latin.
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32 comments:
I fixed an earlier error in my Le Mot du Jour. I've got a "long row to hoe" to learn French.
last week 1Trillion in spending
and now............here caome the tax hikes.........over 250k goin from 35% to 39%
this new president..........is the same old democrat playbook......'spend and tax'
PS......if anyone thinks he will stop at 39%......lmaooooooooooooooo...........the top rate will be around 50% when he's done
btw.....that's 250k if you are married filing jointly
the 39% comes down to about 190k if you single
this president is a marxist.........no doubt about it
one good thing obama is proposing is getting rid of the beefer/private equity tax rate of 15%....that was a bit silly....
way back in the 90's when the clintons ran the world i paid 50% of my income in taxes. and didnt care at all.
oh man i didnt see the santelli rant until this am. and then the white houses reaction.
SIMPLY CLASSIC
santelli is da man!
For what it's worth and so it's said, I heard from two very credible (separate) sources that the trading tax is DOA. That's good news....
from minyanville....
there ya go Buddy....chin up pal....
"Let's have some inflation ... NOW! Print money !"
I always wondered where that endless supply of skim came from...roll your own indeed.
DOA ?? sources ??
lmaooooooooooooo
the congress of the united states has long and proud tradition of passing stupid legislation.........mistakes that they correct years later
so don't use common sense and logic as a reason not to pass this trader tax
PS.....how can you be so obtuse ?
what movie ??
"jim" is deep...very deep...in your head....
m any way you can post that minyanville story on the tax here ??
uh frosty..........you can even 'private email' it to me
'ops expo open interest spreadsheet'
LMAOOOOOOOOOOOOOOOOOOOOOOOOOOO
Hope has no place on the inside or America...ya better get used to that ides
Zihuatanejo....youre god damn right
Bunkerman when do we push all the chips in? Beef is killing this market day in and day out....
spin wins!!! his prize ??
i lay off A-fraud for today........well..........i'm gonna try ...........i can't promise
PS......what type of person can even think of cheering an A-fraud home run when the season starts ???
just win baby..besides..we got C....CC--rider
Well what I say??
Now I said C., (C. C. Rider) C. C. Rider (C. C. Rider)
I said C., (C. C. Rider) C. C. Rider (C. C. Rider)
I said C., (C. C. Rider) C. C. Rider (C. C. Rider)
I said C., (C. C. Rider) C. C. Rider (C. C. Rider)
I said C., (C. C. Rider) C. C. Rider (C. C. Rider)
I said C. (C. C. Rider
we only need lil D-roid singles
I'm just nibbling slowly ... protecting myself at all times.
I need to check the Obama list charts.
http://www.securitytraders.org/
still think.....uhhh....jim..... is in my head ???
pffffffffffffffffffffffft
I just told you its DOA....
maybe if you give "jim" another 6k he'll make it go away....
those Obama list charts look pretty good
especially if you stand on your head
lol, well, they were chosen for being beaten up.
gee buddy why dontcha kick Spike too while youre throwin salt.ppppfttt.... douche
oh, np ... I can see the big red loss % in my fund accounts
Some look Like Carpentier after two rounds with Dempsey.
[ fyi, I just read Mencken's fight commentary from 1921 ]
I have to believe that is "jim's" brainwashing job Bunkerman...pleae don't hold Bud accountable for his harmful words...
I should have traded around them more ... but my mind has been otherwise occupied.
there sure seems liike a lot of insider buying in many companies.
Need to check the numbers.
insiders have been bullish for awhile.
bud u better get busy livin or get busy dyin. DAMN STRAIGHT!
spin singing dead cover tunes, wtf?
and what is going on in Luzerne County?
http://www.cnn.com/2009/CRIME/02/23/pennsylvania.corrupt.judges/index.html
btw rip Brooks("not that anyone would make a fuss"...and they didnt)
"CC" Sabathia
Luzerne judges on the take...putting kids in jail and getting a check for each kid...lool well done sirs
listen you pussies
the Bman is not a cry-baby bitch like you guys
he's a man.............i call it like i see it......he can take it
what a bunch of little girls you are
lol
doesnt mean you have to be a dickhead...dickhead
Im sorry I hurt your feelings Sal..."sorry'
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