Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Question for the board:
If illegal immigration is such a great idea - why not allow it for all jobs - COO, CFO, VPs, Human Resources, school teachers, college professor, investment adviser, home inspectors, doctors, nurses, lawyers, accountants, ne…
Dex, I am not sure on the wage suppression issue. That said, my impression is most illegal aliens take jobs Americans don't want because they are so hard and low paying such as migrant farming. Now you could say that is suppressing wages in farming…
There is a different economic impact between immigration to the U.S.--both legal and illegal--and outsourcing American jobs to foreign countries. Immigrants who come to America are also consumers of American products, which is stimulative to the Ame…
Jeez, that's why I put in my last sentence.
Free trade and open borders have serious, lasting, well-recognized, quantifiable benefits for everyone (not only benefits, of course; it's a complex world economically and most other ways) and especially…
Also, reversion to the mean.
We have the idea of a large middle class as the norm. A large middle class is a function or post WWII USA. The middle class has been shrinking since the 1970s and will continue to shrink.
What is going on is the r…
Offshoring jobs and importing mass quantities of immigrants (legal or illegal) has as a natural --and IMO, an intended-- consequence of tamping down wage income, and thus, increasing income INequality.
Policymakers for both parties have been "work…
What all this means is that when the FOMC meets on September 16 and 17, they will be looking at a US economy in which more people are employed than ever before, earning more money than ever before, producing more goods and services than ever before…
You made another investment with the re-invested dividends.
Also, you have to consider what valuation method you chose for selling, e.g. FIFO or LIFO etc
To-morrow, and to-morrow, and to-morrow,
Creeps in this petty pace from day to day,
To the last syllable of recorded time;
And all our yesterdays have lighted fools,
The way to dusty death.
Out, out, brief candle!
Life's but a walking shadow…
"The fact is we passed the point of no return as I posted on the first page here."
That's kind of my concern in a way, too, but it's not only the erosion of a lot of qualities that used to make this country great (and I'm not pointing political fin…
Honestly, be what political party you want, believe in the Magic Money Tree if you want. As far as I'm concerned, the upset that I have is that asset prices mask an economy that is not strong and that people don't have the confidence in that they s…
I'll continue to view the bank bailouts as primarily a long-term positive for the banks. If you consider "Too Big To Fail" healthy, then well, everything has gotten even better as these entities are now even bigger.
I'd also add, look at the Fede…
"....Say there Dex, maybe you could at least give us an idea of your financial education, background and accomplishments, since you would have us believe that you are qualified to judge Mr. Krugman.
You first, what qualifies you to comment about an…
Excerpts from Wickipedia:
Paul Robin Krugman (born February 28, 1953) is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Pr…
It is hard for me to fathom how posting an economist's column gets any party started, really; I just thought investors here might be interested in how things actually work and what to sensibly worry about, and what not. Debt less than the savings gl…
Well, Dex, you still have the opportunity to provide anything substantive that you care to. Not holding my breath on that. You are very good at ducking, weaving, and evading substantive and intelligent discussion though, I'll give you that.
Let me …
No pondering needed: mine had substance. That was the point, another one you missed. We all are waiting for you to post something on point for this discussion.
Easy - we stopped discussing the OP awhile ago.
We are now discussing the discussion. …
>>
And Dex had to have the last zero-substance word. This is all wild.
No, you did and thank you for it.
But wait, maybe I just did. If you don't post after me ... mmm
Something to ponder.
I'd rather offer a gif and laugh than be any more infuriated than I already am today and waste my time discussing views with people who very clearly have no interest in hearing anything that they don't agree with when it comes to these topics. It's…
Evidence? Evidence?? Dex don't do no stinkin evidence!
Closed minds calling people idiots do tend to cause closed threads.
These monetary policy threads often go in the same direction as political threads on here.
Dex, It wasn't I that pointed out HYD as more times than I can count I have lambasted junk ETFs on this board. Today is yet another example as HYD was down over 1% while the open end were unchanged to up. Check out NSIOX or the more conservative …
Closed minds calling people idiots do tend to cause closed threads.
Live and learn and play nice.
1. Ad hominem An ad hominem argument is any that attempts to counter anothers claims or conclusions by attacking the person, rather than addressing th…
Who said debt wasn't a needed tool here?
Please quote the poster so there isn't any misunderstandings
Well, you mostly, but here are a few comments I pulled that don't speak to highly of debt:
@davidrmoran I wish my household had a money printing…
Bailing out the banks helped the poor, actually, significantly. But +1 to your spirit re what people will support against their own interests (Kafkaesque indeed) and also warmongering. But not the economy-saving actions of 08ff.
Amazing what people will support to protect their entitlements/SS and their war mongering ways
They will say it is to help the poor, yet the only one it helps to bail out the bankers and the investors in those banks.
Sad state of affairs when blac…
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You said that already, more than once. You got anything substantive, data-based. I mean, spouting is great, speaking of feeling good, but what else you got? On point, please. Evidence etc.
Okey dokey,
Okay, my mind wasn't made up so if I were scoring this debate, I give the 'debt is needed within our economic structure' crowd the win over the 'debt is the demise of America' opinions. Facts versus opinion is what I read.Okay, my mind wasn't made u…
