lamont

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lamont
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  • The other thing is that the quantity of money is only half of the equation, you also need increased velocity of money in order to get hyperinflation. If you get decreased velocity of money that can lead to decreased aggregate demand and decrased …
  • WestSideBilly wrote: I don't know what world you're in, but among my friends (demographic: 20s/early 30s, ranging from students to deep 6 figure salaries, most of whom have spent more than half their life using the internet in some form), there's …
  • SeattleMoose wrote: Where were the regulators, the accountants, and other safety nets that are there to prevent dog crap from being sold as truffles? Greenspan was against that kind of regulation. If you read his book he believes that the …
  • The inner workings of the bubble being blown up are all based on bullshit mathematical models that failed to accurately model reality. Because of that risk premiums evaporated, cheap money flowed, and we got a bubble. The effect is what always hap…
  • Robroy wrote: You are being an apologist for "your guy". No, this goes broadly beyond politics. It infects the workplace and even idiots shit talking like they know what they're saying down at the bar. I've noticed we have this problem …
  • sid wrote: lamont wrote: i'm still sticking with my bet that paulson is trying to appear like a hawk, while the result of the negotiations is going to be another bailout when you pick apart the agreement. no bailout. will be an interest…
  • Robroy wrote: Two things: yes it is complex, which is why Sarah gave the answer she did in the interview. It was exactly the type of response such an interview needs. It exposes the position from which the McCain Palin andministration would form a…
  • i'm still sticking with my bet that paulson is trying to appear like a hawk, while the result of the negotiations is going to be another bailout when you pick apart the agreement. i guess there's always a chance that someone in the administration…
  • The basics of it are actually pretty simple. Just study up on how fractional reserve banking works, and what happens when a bank takes losses and needs to increase its capitalization. That is basically what is happening right now in a nutshell, on…
  • A generalized run on the broker/dealers, however, isn't in anyone's best interest, so there will probably be a bailout and/or forced sale of lehman and/or its pieces announced tomorrow.
  • rose-colored-coolaid wrote: You do realize that the president, the guy you dislike, is the only one with any real power right? I find it a little...disappointing how many people have convinced themselves that this is a fundamentally different tic…
  • rose-colored-coolaid wrote: lamont wrote: palin is apparently a good choice for mccain, at least in the short term. Not saying this isn't a "Palin bump", but considering she arrived at the same time as the convention, how do we separate…
  • palin is apparently a good choice for mccain, at least in the short term.
  • siddha99 wrote: Even if the numbers in this article are off by a good percent, the core concerns are still going to be valid. You seem to have other numbers in mind that you would like to use, but you fail to produce them here. No, I don't.…
  • i've been watching 98122 (which is my area code that i'm renting in) and don't see anything approaching reality sinking in yet.
  • Robroy wrote: Whenever I see the Larouche kids on the corner downtown I think of what I actually said to one of them once: "I like you. You remind me of myself when I was young and stupid". There is a reason it is mostly kids. And when you D…
  • Big Mike 34 wrote: The earth has warmed and cooled since the beginning of time...even before man discovered fire...How warm was your summer so far...That Global warming killing you? hmmmmmmmmmmmmmmmmmm.... Yup, the Earth tends to oscillate …
  • jon wrote: The proposed mechanism is solar neutrinos and the difference in neutrino mixing caused by the Earth's orbital parameters (which is probably measurable at super kamiokande without a time lag, but I'm getting really tired of doing your…
  • jon wrote: The phase shift also makes the proposed physics very weird and unlikely. Oh, you are questioning their suggestion of "seasonal variations in fundamental constants?" I think there was a recent experiment reminiscent of the M…
  • jon wrote: There is also the recent discovery that radioactive decays are in fact seasonal. http://arxiv.org/abs/0808.3283 There is also an obvious phase-mismatch in all the figures in this paper. That makes it highly likely that a better …
  • jon wrote: here's more from that reference: No actually, that statement is not from that study. It is from Ref 3, someone else's study. That is what I find is usually the case with global warming studies. You read through supposed claim …
  • jon wrote: There is also the recent discovery that radioactive decays are in fact seasonal. http://arxiv.org/abs/0808.3283 That is a preprint, not a peer reviewed publication. You have to read everything on that archive skeptically -- it e…
  • jon wrote: In other words, not only didn't they debunk it, they provided evidence consistent with a force that would cause temperatures to increase at the same time that industrialization would, and yet that could left of out a website called http…
  • here's a rebuttal to solar forcing argument, written reasonably non-technically: http://scienceblogs.com/illconsidered/2 ... stupid.php another one reubutting the idea that the current warming is just a 'rebound' from the LIA: http://scienc…
  • Robroy wrote: Heh, heh. This post is why I left until I saw that sunspot article. And that was because of the report I heard on KIRO this morning. You keep arguing this stuff. Have fun. Oh yeah, the ocean stores more heat than the atmosphere. M…
  • tarzanchuck wrote: This is quickly becoming bizarre. I keep saying that the MSM treats the election like a beauty pageant and is just waiting for someone to rip their dress. And I agree completely that the feeding frenzy over Palin could…
  • Robroy wrote: Nobody is gonna be convinced here because we all have a ton of information on which we have based our personal opinions. The main difference is basically who each of us chooses to believe, based on a myriad of factors. When di…
  • Robroy wrote: So, this would suggest that we should see immediate and significant cooling. Which is a good prediction. If we don't experience that, it suggests the greenhouse gas portion of global warming is much worst than even anticipated. …
  • we're in a solar minimum and its entirely likely that poisson statistics conspired to give us a month with zero sunspots (given the average number of sunspots per month during a solar minimum, what are the chances that you'd see a month without suns…
  • Robroy wrote: And this is kinda sad, but it is what politics in America has come to: http://townhall.com/blog/g/9b3375c7-6a2 ... 67282a1ce1 You can find just as many idiots on the right wing blogosphere. And I'll bet you that more rig…