Re: June Case Shiller numbers

Posted:
Fri Aug 29, 2008 9:10 am
by sniglet
Unfortunately, I don't think it matters who becomes the next President. The credit contraction goes BEYOND the capability of any government or leader to deal with. So much mal-investments, and poor loans, have been built up over the years that there is no power on Earth that will prevent the economic purge that is in the offing.
At best the government can maybe prolong the downturn with massive "stimulus", which will only serve to delay the purging of mal-investments. This is what happened with FDR. Instead of a short-sharp, depression, the US suffered a decade long decline. Unfortunately, I fear that "stiumulus" and future bail-outs will be in order regardless of whether McCain or Obama gets into office. When the voters are screaming for "help", their politicians will oblige. Heck, even Bush signed onto "stimulus" legislation as well as bail-outs for the GSEs.
Re: June Case Shiller numbers

Posted:
Fri Aug 29, 2008 10:54 am
by Charles Dean
The race is way too early to call at this point. I see Palin as a pandering move personally. It's a ballsy move, but strikes me as being a Hail Mary pass.
She also undercuts his constant inexperience arguments. I mean, she's been in office for less time than Obama has been running for president, with very little prior experience.
And with McCain's health and age? People may not like that.
Her impact will all depend on how well she fares against Biden in debates I think.
Also, the forum you quote isn't exactly what I would call your "average" Hillary Clinton supporter. Considering there are zero dissenting voices on that link, I would think that maybe there's some moderating going on there?
All of the drama and infighting that the media kept on predicting at the convention certainly didn't happen and I don't believe that most Hillary supporters will go for McCain, even with a woman VP.
Now I'm interested to see what effect the Paulites have on the RNC this next week.
Re: June Case Shiller numbers

Posted:
Fri Aug 29, 2008 11:31 am
by Robroy
Say what you want. Many good points.
But he jumped the shark.