So What IS Obama Going To Do About Wall St.????

[waterboy]

[:I][:I] I didn't realize what I had written. Pretty good play on words, eh? Glad I didn't say Trojans.

[Conan71]

quote:Originally posted by waterboy

I started reading it but started to fade when the tables appeared.

One thing that concerned me is she never defined "very low income housing" though used the term frequently. Low income was defined as 50% of median income and spending no more than 30% of that income on housing.

Other concerns include the failure to note if that is gross family income or after tax, and to make any adjustments for regional differences in salary and utilities. Very low income in CA is different than OK. Fuel oil in New England is more expensive that NG in Texas. Averaging them together is misleading.

Its possible that clouds some of her conclusions. But maybe she covered that later and who the hell am I to critique a Tufts fellow?

As far as the governments business being business, that isn't my fresh thinking. What it means though is that one of governments prime functions in our system is to facilitate the development and smooth operation of business through its policies. Business depends on government to keep the playing field in good shape and provide the referees. Its a symbiotic relationship. I've never seen a better analogy for business/government operation than the NFL even though I tire of it.

You coming Wednesday?

Of course I'm coming.  It originally started out as lunch between RM and myself.  I confessed I was thinking about voting for Obama.  He said a calling of the troops was in order and asked if he could invite the resident libs.  My flak jacket is sitting by the door.  []

Government CAN be a facilitator of business, but they can also impede it and create un-intended consequences when best-laid plans go awry, bureaucracy comes unwound, or government is obtuse to the real needs of business and society.

What was most troubling to me in that paper (yeah some of the financial info in the tables was VERY hard to follow) was that from the late 1970's up through Clinton, we kept paying for more public housing units, but the actual existing inventory was either static or constantly dropping.  It sounded as if some of the inventory were condemed, but a better part were ones which were created by HUD funding, then later, the owners took them out of HUD inventory so they could rent to higher income individuals.  Is that the way you read it?

I should be there right about 11:30.  Looking forward to it.

[Gaspar]

quote:Originally posted by waterboy

Thanks for the motivational speech.[] Kind of the opposite of Roosevelt's "nothing to fear, but fear itself".

If a leading liberal of the day had written in this manner (I know, indulge me a fantasy) he would have been castigated as seditious and unpatriotic. The writer is angry that so few are as enlightened as himself. Well, he could move to a Scandinavian country where all these things he thinks will never work...are working. Maybe its scale, maybe its education, maybe its heritage, but he draws the conclusion that its system. Or he could note our system has worked with these social programs for close to 100 years.

Rather than point out some other misleading and problematic thinking of the writer, I'll just say that we will endure these failings of our political system. We will not allow old feeble people to suffer because they failed to save or failed to stay healthy. We will provide education for those deemed unworthy of it. We will offer credit to those who haven't learned yet how to handle it. And we will encourage  homebuying for those who don't even know why they should buy a home. Not because we are soft hearted but because it serves the common good, it serves to bolster our economics and because people in our past did it for us until we understood the value of those things.  Our spirituality keeps us from executing a truly perfect economic system but keeps us from hardening into Spartans.

I do agree however that a system with multiple parties that included the Libertarians would be a good idea and worth pursuing. Just like on this forum, being challenged by differing mindsets is healthy for all.

I am very interested to see examples of the wonderful Scandinavian economies where government lollypops burst from the ground and all of these programs work.  Please, please post.

Thermodynamics
Physics
Economics

All function under very simple and logical laws.  They cannot be broken or altered.

[Conan71]

quote:Originally posted by we vs us


rofl @ "hardening into Spartans."  

Those guys were such jerks.  But totally had six pack abs, though.

Post of the week...

[waterboy]

quote:Originally posted by Gaspar

quote:Originally posted by waterboy

Thanks for the motivational speech.[] Kind of the opposite of Roosevelt's "nothing to fear, but fear itself".

If a leading liberal of the day had written in this manner (I know, indulge me a fantasy) he would have been castigated as seditious and unpatriotic. The writer is angry that so few are as enlightened as himself. Well, he could move to a Scandinavian country where all these things he thinks will never work...are working. Maybe its scale, maybe its education, maybe its heritage, but he draws the conclusion that its system. Or he could note our system has worked with these social programs for close to 100 years.

Rather than point out some other misleading and problematic thinking of the writer, I'll just say that we will endure these failings of our political system. We will not allow old feeble people to suffer because they failed to save or failed to stay healthy. We will provide education for those deemed unworthy of it. We will offer credit to those who haven't learned yet how to handle it. And we will encourage  homebuying for those who don't even know why they should buy a home. Not because we are soft hearted but because it serves the common good, it serves to bolster our economics and because people in our past did it for us until we understood the value of those things.  Our spirituality keeps us from executing a truly perfect economic system but keeps us from hardening into Spartans.

I do agree however that a system with multiple parties that included the Libertarians would be a good idea and worth pursuing. Just like on this forum, being challenged by differing mindsets is healthy for all.

I am very interested to see examples of the wonderful Scandinavian economies where government lollypops burst from the ground and all of these programs work.  Please, please post.

Thermodynamics
Physics
Economics

All function under very simple and logical laws.  They cannot be broken or altered.

That's all you got out of my post? Why do I bother...

[Conan71]

quote:Originally posted by FOTD

Conan....it's hard to look at any postings by people who pass out racist garbarge like you do.

No wonder you are voting for the souless old white guy......

As seen at Walgreens:

(sorry folks I just want to listen to the resident bigot against geriatrics, Christians,  and wemmen scream one more time)

[Gaspar]

quote:Originally posted by waterboy

quote:Originally posted by Gaspar

quote:Originally posted by waterboy

Thanks for the motivational speech.[] Kind of the opposite of Roosevelt's "nothing to fear, but fear itself".

If a leading liberal of the day had written in this manner (I know, indulge me a fantasy) he would have been castigated as seditious and unpatriotic. The writer is angry that so few are as enlightened as himself. Well, he could move to a Scandinavian country where all these things he thinks will never work...are working. Maybe its scale, maybe its education, maybe its heritage, but he draws the conclusion that its system. Or he could note our system has worked with these social programs for close to 100 years.

Rather than point out some other misleading and problematic thinking of the writer, I'll just say that we will endure these failings of our political system. We will not allow old feeble people to suffer because they failed to save or failed to stay healthy. We will provide education for those deemed unworthy of it. We will offer credit to those who haven't learned yet how to handle it. And we will encourage  homebuying for those who don't even know why they should buy a home. Not because we are soft hearted but because it serves the common good, it serves to bolster our economics and because people in our past did it for us until we understood the value of those things.  Our spirituality keeps us from executing a truly perfect economic system but keeps us from hardening into Spartans.

I do agree however that a system with multiple parties that included the Libertarians would be a good idea and worth pursuing. Just like on this forum, being challenged by differing mindsets is healthy for all.

I am very interested to see examples of the wonderful Scandinavian economies where government lollypops burst from the ground and all of these programs work.  Please, please post.

Thermodynamics
Physics
Economics

All function under very simple and logical laws.  They cannot be broken or altered.

That's all you got out of my post? Why do I bother...

That's all there was.