Comments on: THE TRILLION DOLLAR MEAN REVERSION

By: TPC

TPC — Sun, 31 Jan 2010 21:43:45 +0000

And I am sure you never overlook minor details and were flawless in sourcing all of your work when you started your site, right Mish? Besides, how do you link back to a piece of research that is behind DB’s password protected site?

I cite my work far better than most bloggers do and always keep a keen focus on giving credit where it is due. Let’s not lose sight of the forest for the trees here Mish. You and I are money managers, not professional writers and editors.

By: Mike "Mish" Shedlock

Mike "Mish" Shedlock — Sun, 31 Jan 2010 21:22:31 +0000

Reid elaborates on his position: ….
You failed to provide a link to who you are quoting!

You did it in here as well in reference to small business lending
http://pragcap.com/the-recession-on-main-street-continues

That is an extremely poor practice, at best

Mish

By: jt26

jt26 — Thu, 28 Jan 2010 13:53:16 +0000

2008-to-today bank “profits” were from ZIRP … the “profits” came from implicit expropriation from dollar holders/savers and dollar fixed-income assets. China has been doing this as well (except China sacrificed savers to fuel high growth; we’re doing it to save banks).

By: alex west

alex west — Thu, 28 Jan 2010 07:52:35 +0000

who’s in right mind will believe that kind of chart-of-crap? profits up,,, ???
its from BEA.. same who publish GDP…

check out mothly treasury statement.. corp taxes -50 % yy.. if profits are up
why dont firm pay taxes ?? did they relocate??

alex

By: csodak

csodak — Wed, 27 Jan 2010 19:43:01 +0000

A decade of loss jobs, domestic productivity numbers polluted by offshore production facilities, gutting American production capacity, reduced investment in R&D as a catalyst for future domestic based capital deployment, leveraging public and private sectors beyond the point where deployment of investment dollars becomes severely constrained…yes…we need more of the same.

Perhaps we have to many public and private decision makers and policy influencer’s being carted around in limousines. We have an advanced feudal system where the rich are allowed to remain overwhelmingly influential in guiding policy in our country because the citizens believe that there has been an equitable and prudent deployment of resources. The citizens were under the belief that an equitable exchange in value existed, enough value at least to keep this implied agreement in balance. However Mr Reid prefers to rationalize his opinion, if Mr. Reid thinks that this agreement bestows the right of divine authority to the rich he is mistaken.

Mr. Reid would benefit from understanding that citizens are just NOW contemplating whether this trade off is beneficial. It is possible that if the current inbalance remains, the citizens who are now being scoffed at in the media as ‘populists’ may decide to create a new order. The preferable course would be to demonstrate that equitable balance within the implied social order is a preferable outcome.

By: chris

chris — Wed, 27 Jan 2010 17:24:56 +0000

i like jesse’s blog too, never came across it before…there is no profile page, who is this guy? nice food pix also

By: boatman

boatman — Wed, 27 Jan 2010 17:18:55 +0000

check this out van:

http://jutiagroup.com/2010/01/27/looking-over-into-the-abyss/

over

By: boatman

boatman — Wed, 27 Jan 2010 15:38:49 +0000

thanx for the excellant link van,now in my everyday reading

By: van

van — Wed, 27 Jan 2010 15:28:17 +0000

and Fed possible initiatives impacting the above…

http://jessescrossroadscafe.blogspot.com/2010/01/we-are-all-central-planners-now.html

By: van

van — Wed, 27 Jan 2010 15:20:30 +0000

something to add from Jesse…

http://jessescrossroadscafe.blogspot.com/2010/01/financial-services-from-servant-to-lord.html