I thought you just said we tried socialism. Evidently what we found out is that socialism doesn't work. We also found out it didn't work in Russia, Germany, etc etc etc. Now, where exactly did you see the "Conservative method"? OldTrader
Does that mean Reagan was a Republican and not a conservative. He increased taxes as a governor, ran huge deficits as a president and gave amnesty to the illegals. Who is a conservative and what are you trying to conserve?
Every Republican talks about being a conservative, if they are not conservatives have they been lysing to us for the last 30 years?
Yes, you equity bulls are right. I can just feel the explosive earnings growth and consumer-led recovery as unemployment keeps climbing, banks keep failing, consumer and corporate loans keep shrinking, housing values keep plunging, retailers keep failing, auto sales are in free fall, and entire countries border defaulting.... We'll be back in full blown bull market mode in a matter of months.
You're clueless as a TRADER. You should SELL when things look good you BUY when they look shitty. There's TONS of better shorts than common stocks.....
The conservative method? Really, Bush fiscally conservative, you could have fooled me. If we just experienced the conservative method how do you explain the different result from the Reagan years? The closest we have had to a liberal method is Jimmy Carter, are you hoping for a repeat?
Considering the timing of some of Buylo's short calls earlier this year that is a bit harsh. Things were looking pretty great in 2005 and if you had shorted then you would have lost your shirt. Things looked pretty bad 2 months ago, going long then would have cost you dearly. These general and vauge adages make for nice pontifications but in terms of timing the market offer little of substance.
I was a tad long overnight so the bear case bs was grating on me. Flat at 991. Now you can carry on as bears. P.S. I WAS short much of 05-06. Wasn't fun......
The crash and burn had nothing to do with supply side econ. It was artificial interest rates which led to ridiculous bubbles, and crazy unregulated derivative expansion. The employment situation over the past two terms has been excellent by historic standards. Only the Tech Boom was probably better, and WW II of course. Also, we were way over due for a recession, which contrary to popular belief, is not only beneficial, but necessary every so often (whenever inefficient excesses are created on a large scale). The current administration's efforts to avoid a recession made the inevitable arrival of such a recession much worse. BTW, I am not a Republican conservative, but I am an economist. Keynesian econ as we will get can work, but you will see the budget deficit rise even quicker than under Bush and his wars.