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Tuesday, March 11, 2008

Would It Be Worth It To Pay Off Bad Teachers To Quit?

That’s the question being asked by one advocacy group which is sponsoring a contest to find the worst unionized teacher in America so that he or she can be offered $10,000 to quit.

The Center for Union Facts on Tuesday will ask parents, students and other teachers to nominate the “worst unionized teacher in America.” The center says it will choose 10 and offer each $10,000 to quit; “winners” must allow the center to write about them on its Web site. The center plans full-page ads today in USA TODAY and The New York Times.

If the idea seems breathtaking in its political incorrectness, consider that it’s the brainchild of Rick Berman, a union-bashing attorney known for his in-your-face attacks on consumer, safety and environmental groups.

“We’re not trying to humiliate anyone,” says Berman. “We’re trying to jump-start a conversation that maybe people need severance packages to find themselves another line of work.”

Critics have long said collective bargaining agreements in many school districts make it difficult, if not impossible, to fire poorly performing or misbehaving teachers. “The next best idea,” he says, “is to get people to voluntarily quit.”

I don’t think there’s a teacher in America who would be willing to accept $10,000 to quit their cushy, heavily-compensated, union-protected job for a measly $10,000...but the larger point is a good one.

Though it’s sad, really, that we have to start talking about bribing bad teachers to leave their jobs simply because we cannot just fire them.

Comments

Present policy with CEO’s .

They just give them more money.

The not so innovative, not so efficient private sector.
Country club membership, health insurance,
deferred compensation, car allowance, tip your caddy?
We can work it out.

WOOF on March 11, 2008 at 03:49 pm

I thought that every single teacher in the country was excellent and deserved above average pay.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 11, 2008 at 04:29 pm

That’s Lake Woebegon Whistle.

WOOF on March 11, 2008 at 04:42 pm

Yep, Whistler… I bet you have some swamp land to go with that line you’re trying to sell, huh?
tongue wink


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Anna on March 11, 2008 at 04:46 pm

That’s not very far away from here woofie!


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 11, 2008 at 04:55 pm

I know what goes on up there.
Fergus Falls coyote hunt.
You know these guys?
2001887974681053730_rs.jpg
2002527451437460619_rs.jpg

WOOF on March 11, 2008 at 05:26 pm

Present policy with CEO’s .

They just give them more money.

Riiiiiight. So many companies give ineffective CEOs endless supplies of money. Care to show us an example of a company that lost massive ammounts of money, yet offered their CEO an even bigger plan?

The not so innovative, not so efficient private sector.
Country club membership, health insurance,
deferred compensation, car allowance, tip your caddy?
We can work it out.

The not so innovative private sector that gave us the internet, cell phones, home water purifiers, vaccines and cures galore, et. al. infinitum.

Yaaaawwwwwn.

Kenny on March 11, 2008 at 07:08 pm

Why would any competent professional need a labor union?

Kevin on March 11, 2008 at 08:13 pm

private sector that gave us the internet,

Who knew? Not Rand not ARPA not
DARPA, those gov’t tools.

WOOF on March 11, 2008 at 08:26 pm

CitiGroup

Care to show us an example of a company that lost massive ammounts of money, yet offered their CEO an even bigger plan?

WOOF on March 11, 2008 at 08:28 pm

Citigroup

Interesting choice.  And which former Democrat president’s Treasury Secretary was Vice Chairman and head of the Board’s Executive Committee of that formerly august institution?


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on March 11, 2008 at 08:52 pm

CitiGroup

Woof, Citigroup named a new CEO in 2007, after announcing they needed to downsize. After a SINGLE quarter loss, the CEO was pressured to step down and a new one was appointed. (Previous to that the company had been doing fairly well.) So nope, try again.

Try not naming a company that immediately replaced their CEO this time.

Kenny on March 11, 2008 at 08:59 pm

WOOF - The not so innovative, not so efficient private sector.

The sector that outperforms the public.

Country club membership, health insurance,
deferred compensation, car allowance, tip your caddy?
We can work it out.

In other words, ransom.

likwidshoe on March 12, 2008 at 12:51 am

I see Woofie is at it again with his phony equivalences.  But then what would you expect from a communist except a slam against the free enterpriae?


Being liberal is never having to admit you’re wrong

docdave on March 12, 2008 at 02:08 am

Fox Business Reporter Elizabeth McDonald:

Mr. Prince, do you think you should hand back to Citi your $10.4mn “performance” bonus you received on being shown the door given that your bank has recorded $21bn in writedowns, and given that that bonus was based on profits that didn’t exist? Do you think you should also give back the $28mn in unvested stock and options and $1.5mn in annual perquisites you received?

Forget the Money
WOOF on March 12, 2008 at 05:39 am

Some corporations do stupid things but I fail how it hurts me.  When the government does they demand more money from me to subsidize their stupidity.

Big difference. 

Since we’re bringing up Citibank, has there ever been a bank that’s gotten itself into more stupid loans?


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 06:06 am

Bear Sterns

$200 Billion in Fed lending against junk paper, to bail out one mid-size investment bank.

And the market’s reaction: Dow up 3.55% (417 points), Nasdaq +4% or more than 86 points, S&P500 up 3.7% or 47 points

Ain’t Socialism grand?

How it hurts you?
You now own Bears’ bad paper.

WOOF on March 12, 2008 at 06:25 am
WOOF on March 12, 2008 at 06:27 am

The point is the government shouldn’t be in the business of bailing out bad businesses.

We do involve ourselves in banks, but there are regulations they have to live with to belong to the banking system.

The other thing is that IF we do step in to help keep a bank stay open we shouldn’t be saving the management or the stockholders so they still feel the pain of their stupidity.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 06:31 am

TW

When the government does they demand more money from me to subsidize their stupidity.

Like the feds new TSLF program? Taking the banks toxic waste to bail them out.

Since we’re bringing up Citibank, has there ever been a bank that’s gotten itself into more stupid loans?

How about the 236 that have already gone kaput.

No More Money

Why are we bailing out the banks TW.
What would happen to this tax cut created robust economy if the fed didn’t bail out the banks?

Could it be the economy grew on cheap credit and stupid loans and that’s why it is collapsing while tax cuts are still in place.

House of cards built on over leveraged debt.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 06:42 am

Could it be the economy grew on cheap credit and stupid loans and that’s why it is collapsing while tax cuts are still in place.

The economy is “collapsing”?

Overheated rhetoric like that tells you that you’re not dealing with anybody who is even remotely reality based.

What do you care for anyways, Mark? You don’t even like this country or the foundations it was built upon.

likwidshoe on March 12, 2008 at 06:50 am

lik
I think we should all care when the fed bails out banks and we will have to pay for it.

Privatize profits......socialize loses.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 06:55 am

Ooops meant
Privatize profits.....socialize losses


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 07:14 am

Could it be the economy grew on cheap credit and stupid loans and that’s why it is collapsing while tax cuts are still in place.

I disagree.  The economy is strong in a number of areas.  Where we’re seeing the problem is where stupid people lent money to other stupid people.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 07:39 am

The economy is strong in a number of areas.

Could you name a few?


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 07:44 am

The economy is strong in a number of areas.

1. Them lumber/paper industry
2. The Ink industry

Mark thats just two to start


"All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation.”
- John Adams

Troy_Pineri on March 12, 2008 at 07:51 am

A few!


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 07:52 am

US GDP


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The Whistler on March 12, 2008 at 07:53 am

Mark -

3. Printing Press Manufacturing is another

Do I need to remind you what our number one export is?  If you you knew anything you would know that America has a currency crisis.  We are so wealthy and have so much wealth in order to meet our demands we have import everything the rest of the world produdces. Duh!


"All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation.”
- John Adams

Troy_Pineri on March 12, 2008 at 07:55 am

Mark,

By now, your commentary deriding the economy in general, and tax cuts in particular, is tiresomely well known.

But I wonder, do you actually know enough to offer some suggestions on how to cure the economic ills you’re so quick to disparage, and perhaps explain why you think those cures would be effective?  Or are you content to merely regale us with your sarcasm?


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on March 12, 2008 at 07:56 am

troy
What’s wrong with you.....you forgot the part of the economy that is booming.....the war on terra.

Contracts from Dept. of Defense
(FY 2006)
Total dollars: $294,904,727,357

TW
What? the GDP? please.

bat man
My suggestions to fix the non-broken, robust economy:

vote republican.
Cut taxes.
Start a war with Iran.
Increase defense spending.
Make Fox News the only channel available.
Bail out more banks.
Devalue the dollar.

What would you do?
Raise taxes?
Decrease defense spending?
Ban Fox News?
Let banks fail? Who will buy the sub prime if we don’t let our government buy the crap?
Strengthen the dollar by raising interest rates?

Privatize profit......socialize losses.
What is so wrong about that?

What is great is the fed TAF program doesn’t fall under the freedom of information act so they don’t have to tell us what trash they are hiding, or who they are buying it from, with the new TLSF swaps. Isn’t that cool.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 08:30 am

Mark D has a really twisted view of conservatives.

If he was reality based, he wouldn’t believe what he does.

likwidshoe on March 12, 2008 at 08:37 am

TW
What? the GDP? please.

Isn’t that how we measure the economy.  We haven’t seen it shrink yet despite the challenges we obviously are facing.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 08:50 am

TW
????? from 4.9 to .6
If that isn’t “shrinkage”.....

Real gross domestic product—the output of goods and services produced by labor and property
located in the United States—increased at an annual rate of 0.6 percent in the fourth quarter of 2007,
according to preliminary estimates released by the Bureau of Economic Analysis.  In the third quarter,
real GDP increased 4.9 percent.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 08:59 am

TW
????? from 4.9 to .6
If that isn’t “shrinkage”..

Laughing my butt off, Growth=shrinkage!

Besides it’s better to measure GDP over the year and compare that with other developed countries.  How did the US compare with Europe, Canada and Japan?


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 09:05 am

well when it goes from 3.8 to 4.9 then down to .6
I call that weakening economy.

Again, how about you name the areas that are strong.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 09:14 am

Typical liberal attempt at rhetorical sleight of hand, trying to confuse a reduction in the rate of economic growth with an overall reduction in GDP.

What’s most interesting is that while no serious conservatives are saying that our economy is in great shape… despite claims to the contrary by leftwing dolts… there is no one on the Left who has yet to offer any sort of serious analysis or policy suggestions for improving our economic condition.

The Democrats are all in lockstep favor of raising taxes, increasing economic regulation, and decreasing our trade with other countries.  Yet none of the liberals can defend any of these policies in economic terms, or explain how any of what they propose will reinvigorate our economic growth.  Those on the left apparently have nothing more to offer than platitudes and sarcasm.


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on March 12, 2008 at 09:16 am

Ag and energy for two, although I think that the government is meddling to the benefit of those industries and hurting the rest.

I mention those two because they are two of the larger industries in North Dakota.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 09:17 am

OH, but I think those industries would still be growing due to increased world wide affluence.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 09:19 am

bat man
Unfortunately you still don’t realize that it is the tax cuts, the unfunded increase in defense spending for wars and a cowboy that thinks he is ruler of the world along with a fed that thinks they can drive our currency into the ground, that has caused our economy to decline.

We must raise revenue.
Cut spending.
Relieve the fed of their duty.

Can the republicans do this?
Can the democrats do this?

No matter what party takes control in Nov. the economy is on a downward path due to years of uncontrolled spending, cheap credit and consumer debt levels never seen before.
Republicans can’t raise taxes, due to their religion, so how will they raise revenue when corporations are downsizing. Cut taxes?
Can republicans cut spending? Before or after we attack Iran. Does defense spending count?
Will they stop the fed and hurt the corporations that rely on cheap credit?

We know democrats will raise taxes. We know they will cut defense spending. Do they have the guts to stop the fed and stop the deterioration of our dollar?

Crude rallies to approach $110 as the dollar fall
Futures on the rise although data show surprise rally in U.S. inventories

go figure....I thought it was a supply and demand thingy


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 10:10 am

Unfortunately you still don’t realize that it is the tax cuts, the unfunded increase in defense spending for wars and a cowboy that thinks he is ruler of the world along with a fed that thinks they can drive our currency into the ground, that has caused our economy to decline.

Mark,

I’m curious to see if you actually know what you’re talking about, and whether or not you can discuss economic policy in a cogent, rational manner.

You just may have a few good points in here, along with the garbage.  But if you are going to continue with the partisan hyperbole ("cowboy" and “ruler of the world") I’m not very much interested in going on.  I don’t have time for stupid.


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on March 12, 2008 at 10:32 am

That’s funny, b/c when you call him Mr. Bush......I feel the same way.

Free Image Hosting at allyoucanupload.com


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 10:50 am

Bat: Mark D is simply another Marxist who believes the free enterprise system is fundamentally unsound, in spite of its obvious success.  They play every slowing part of a cycle as if it’s a total collapse, and of course, it’s the evil Fed that is destroying everything.  It’s a very old and tired refrain that they’ve been singing for a very long time.
It’s simply untrue.
If you want to see a true Imperial Presidency, you have to look at FDR.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 10:54 am

Mark,

I believe I’ll just pass and leave you and your “humor” to whatever amused audience you can muster.  Like I said before, I don’t have time for stupid.

R108,

I know what you’re saying, but it delights my sense of irony to let guys like Mark D. prove my point for me.

As for FDR, you know full well that it was WWII that brought the US out of the deflationary recession known as the Great Depression.  Had federal officials, from FDR on down, known what they were doing, it would have been over in 2 years… tops.  The hero worship of the lemmings of the Left only proves that they haven’t a clue where economic policy is concerned.


“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on March 12, 2008 at 11:03 am

Bat Uncle Milton said that if the Federal Reserve hadn’t done the exact wrong thing the not so Great Depression would have been a speedbump.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 11:12 am

it’s the evil Fed that is destroying everything.

The fed is good.....if you like inflation and corporate welfare.

Privatize profits......socialize losses.

Let the fed bail out the banks, hedge funds and mortgage companies. Blinders in place, proceed, introducing our new program TLSF.
But who will pay........the taxpayer.

I don’t have time for stupid

Come on. How do you think I feel? You believe the wars are going just fine and that tax cuts work.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 11:13 am

You believe the wars are going just fine
and that tax cuts work.

It’s knowledge, not belief.  It is the right thing to do to fight terrorism, and tax rate cuts work quite well; in fact, it would even be better if the political class could kick its spending habit.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 11:18 am

Bat Uncle Milton said that if the Federal Reserve hadn’t done the exact wrong thing the not so Great Depression would have been a speedbump.

Oh yeah; FDR had nothing to do with it.  /sarcasm


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 11:20 am

Privatize profits......socialize losses.

Mark how would the corporate income tax fit in with your mantra?

Oh yeah; FDR had nothing to do with it.  /sarcasm

If I understand Uncle Milton correctly the slowdown would have been over before FDR had a chance to make it more worser if the Federal Reserve would have carried out it’s duty.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 11:22 am

If I understand Uncle Milton correctly the slowdown would have been over before FDR had a chance to make it more worser if the Federal Reserve would
have carried out it’s duty.

Absolutely; if we had known then what we know now about monetary policy, and if FDR hadn’t tried to institute his version of communism here, the Great Depression would have been a very small one.  The Fed may be responsible for the initial blunder, but isn’t responsible for the entire length of the Great Depression.  FDR gets credit for that.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 11:30 am

r108
And with Fallon out of the way, Iran is ours.
Yes, tax cuts work so well. Shall we cut even more....ya know.....spark the economy.......not that it needs sparkin or anything like that.
Oooops damn budget deficit.....I hate that thing.

How come oil reserves are up (demand down), oil price hits record high, and the dollar hits record low. All in one day.
Is it supply and demand again? Plenty of supply of oil, but no demand for dollars.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 11:32 am

How come oil reserves are up (demand down), oil price hits record high, and the dollar hits record low.

Not that I think you’re looking for a real answer, but here it is.

The dollar hit a new low because of the easy money policy of the fed trying to intervene without intervening in the mortgage market.  It’s stupid and it is making things worse.

Oil is up because of speculation as well as the dollar going lower.  The oil market is due for a correction that will hammer the speculators.  I suppose the Dems in congress will be looking for a bailout then. 

I suppose some blame goes to the Republican administration for the housing bailout mindset, but given the political situation they’re trying to keep the Democrats out.  At the minimum there’s blame for all in Washington.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 11:41 am

Oooops damn budget deficit.....I hate that thing.

That’s about spending, due to the tax rate cuts, revenues to the Treasury are up.

....no demand for dollars.

Now you’re just being idiotic.

Oil prices are about instability in the market.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 11:59 am

I can’t help but notice that a BDS-afflicted leftie has once again changed the subject here, and is trying to sell his “Blame Bush” propaganda.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 12:03 pm

TW

The oil market is due for a correction that will hammer the speculators.

Oil is being used as an inflation hedge. So as long as the fed continues it’s bail out the banks and wall street at all costs, then the dollar will fall and oil will rise.
Once the fed raises rates (hurting corporations and wall street) then there will be a correction in the price of oil. I’m not holding my breath on that one.

So oil is not going up because of demand?
Hmmmm does r108 know this?

Shouldn’t we support a strong dollar policy and not a bail out the banks and wall street policy?


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 12:06 pm

Oil is being used as an inflation hedge. So as long as the fed continues it’s bail out the banks and wall street at all costs, then the dollar will fall and oil will rise.
Once the fed raises rates (hurting corporations and wall street) then there will be a correction in the price of oil.

I think that’s part of it.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 12:14 pm

revenues to the Treasury are up.

Must be all that spendin if revenues are up but deficit grew.......hey r108.
shoots...corporate income taxes are down 14.9%.
shoots again...payroll taxes are up 5.3% compared with February 2007


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 12:18 pm

Mark -

The correction for oil and PM is going to happen in the four to six weeks.  Japan’s fiscal year ends on March 31st. 

They have been very quiet about their exposure to the subprime paper.  When that information becomes public there is going to be heavy selling which will lead to margin calls etc; similiar to July of 2007.

After the correction look out!


"All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation.”
- John Adams

Troy_Pineri on March 12, 2008 at 12:20 pm

I’m always amused at how the lefties always blame business activity, and never mention the billions of wasteful and non-productive spending on social engineering projects and entitlements.  If you want a weak currency, take a lot of it out of income-producing activity.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 12:25 pm

The thing is that the conservative method is to minimize government interference in the market.  You set up the rules the best you can and stay out.

Generally the more you mess with the economy the more pain you eventually experience.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 12:26 pm

Oil is being used as an inflation hedge.

That would be gold.  Oil futures prices are about instability in the oil-producing countries, thus necessitating a “hedge” against the instabiity.  That’s the economic justification for a futures market, btw.  It’s basic econ, so I don’t expect any lefties to know that fact.

MarkD: I know you have comprehension problems, but I clearly stated(a number of times) that cutting spending is basic, even with tax rate cuts. The worst possible combination is the Dem tax and spend policy.  Higher tax rates and increased spending is simply a stupid way to run an economy.  It’s great for the political class, though.
To summarize: what we should be doing is cutting tax rates and spending.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 12:31 pm

Robert, it’s more than a little funny that the person complaining about declining GDP doesn’t understand that it’s expanding business that raises GDP.


The Debate is over!  Global Whining has been confirmed.


The Whistler's signature
The Whistler on March 12, 2008 at 12:34 pm

tw

The thing is that the conservative method is to minimize government interference in the market.  You set up the rules the best you can and stay out

Too bad no one in Washington is conservative.
I have yet to see the government stay out of the market, never mind minor interference.
Why did the market go up 400+ yesterday?

r108

Oil reached $110 today up from $52 a year ago.
What instability in oil producing nations would constitute such a rapid rise.

And I guess all we can do then is hang on b/c you know damn well dumbass will never cut spending. He is sending us a check though, Ah just add it to th $9.3 trillion we owe.
We may hit $10 trillion before he leaves office.

Vote republican then you won’t have to worry about the dems raising taxes.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 12:50 pm

What instability in oil producing nations would constitute such a rapid rise.

Are you really that unaware?

It’s always amusing to hear BDS-afflicted lefties complain about President Bush’s spending(conservatives do that, too) and yet ignore all the Dem increased spending promises, combined with the growth-killing tax and regulation increases.  Conservatives criticize the President for spending like a Dem, but he’s really not as bad.
The so-called “War on Poverty” - $8 trillion and counting…

Why did the market go up 400+ yesterday?

Because the economy is healthy enough to give a strong response.  Duh.  You can’t revive a dead person.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 01:07 pm

Robert, it’s more than a little funny that the person complaining about declining GDP doesn’t understand that it’s expanding business that raises GDP.

The “complaining” is just a pose; the lefties are rejoicing at any scrap of bad economic news, going to far as to “create” bad economic news through projection and speculation.  It’s the same hypocrisy that excoriates Republican spending but turns a blind eye to all the wasteful Dem spending since the “New Deal”.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 01:12 pm

r108
I will ask again, What instability in oil producing nations would constitute such a rapid rise.

Why did the market go up 400+ yesterday?

Because the economy is healthy enough to give a strong response
Wow....good one.

So it had nothing to do with the fed’s new program, TLSF, that will accept the banks toxic waste MBS’s?


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 01:41 pm

r108
this may help you understand.

Oil Rises Above $110 to Record as the Dollar Falls Against Euro

By Mark Shenk

March 12 (Bloomberg)—Crude oil rose above $110 a barrel to a record in New York after the dollar weakened to an all-time low against the euro, prompting investors to buy commodities.

The dollar fell to $1.556 per euro, the lowest since the currency’s 1999 debut. The declining U.S. currency has spurred investors to move funds into commodities such as oil and gold. Prices fell earlier after a government report showed that U.S. oil and gasoline supplies rose.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 01:46 pm

I understand that you are fixated on the value of the dollar to the exclusion of all else.  You are a monomaniac, which is a form of ignorance.
You mistake one part of the story for the whole thing.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 01:51 pm

So it had nothing to do with the fed’s new program…

What I said was the the market was healthy enough to give a strong response.  What part of that didn’t you understand?  I’m sure if the market had not responded strongly to that input, you would be here distracting from this thread by crowing that the market was too weak to respond.  You lefties are so transparent.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 01:54 pm

What does any of your blather have to do with paying off bad teachers?


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 01:55 pm

r108
More from your monomaniac friend:

SAN FRANCISCO (MarketWatch)—Crude-oil futures ended Wednesday’s trading at a new closing high of $109.92 a barrel after earlier topping $110 a barrel for the first time, as the dollar fell to a new low against the euro in a lift for dollar-denominated oil prices and as speculation increased in the futures market.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 01:55 pm

The so-called “War on Poverty” - $8 trillion and counting…

The so called “War on Terror” - 9 trillion and counting…

R108 you miss what Mark D is sayin, is all I am sayin


"All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation.”
- John Adams

Troy_Pineri on March 12, 2008 at 02:14 pm

What does any of your blather have to do with paying off bad teachers?

Ask TW

I was replying to his blather. Back up and see who went astray.

Fox News:
Oil hit a record high after learning that it’s very possible there could be an attack on a future pipeline near a proposed oil refinery in the planned town of Halibush, Iraq using weapons not yet manufactured!
This sent shock waves in the oil market not knowing what kind of bombs they will use on the pipeline that is not yet built.


“We have a dollar that’s adjusting and I am for a strong dollar.....
Our dollar doesn’t buy as many barrels of oil as it used to and so therefore it’s more expensive for the American people”..... Bush 3/12/08

Mark D on March 12, 2008 at 02:14 pm

I was replying to his blather. Back up and see who went astray.

BS.  You say the same thing on every thread, and nobody forced you to respond.  Typical leftie; not taking responsibility for what he does.  “It’s the other guy’s fault.”

The so called “War on Terror” - 9 trillion and counting…

The so-called “War on Poverty” has made no inroads on poverty in America.  We are winning the real War on terrorism.  Big, big difference.
Leave it to an ignorant leftie to make yet another false equivalence.


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 02:26 pm

Troy: Let me ‘splain something to you: Our Constitution requires all citizens to pitch in, through taxes, to support the defense of our country.  Nowhere in the Constitution does it require Dem politicians to confiscate our money to “fight” poverty, especially when it doesn’t work…

See the difference?


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 02:29 pm

r108
More from your monomaniac friend:...SSDD

I repeat: It’s one part of a very big story.  You lefties and your propaganda ministry, the MSM, are trumpeting any and all economic news you can use to downtalk the Bush economy, because you can’t deal with the obvious success of his modest tax rate reductions and his heroic fight against worldwide terrorism(after 8 years of his predecessor looking the other way).
The fact is that Americans are doing well, in spite of your negative rhetoric, so you have to resort to propaganda to produce a false impression.
If the economy were really as bad as you hope to make it, all you would have to do is get out of the way, and let it fall of its own accord.  Why are you trying so hard to create negativity?


"If the good men are silent only the wicked are heard.” - Edmund Burke

robert108 on March 12, 2008 at 02:34 pm

r108 -

First of all it’s the American Economy, not the Bush Economy and I read every of your posts here and your discourse with Mike.

Some people interpret the news as bad for the economy and some interpret it as bad. It’s how the market works.  I am wondering if you trade at all.

When the stock market goes down, some people say “Oh the market is going down this is terrrible” Others would say “Oh these stocks are a bargain I am going to buy”

The opposite would be if the stock went up some people would say “Oh these stock prices are high I am making money” Others would say “These stock are too expensive”

Any news what so over can be interpreted as a negative or positive for the market. Duh!  If everyone is negative and you are so positive you should be buying like a madman, because there are deals galore.

You think the economy is great etc etc, I don’t so I am selling, selling, and selling looking to buy later. If you are right and I am wrong (which is always the case right wink ) you will make money, and I will lose money.


"All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit and circulation.”
- John Adams

Troy_Pineri on March 12, 2008 at 03:04 pm

First of all it’s the American Economy, not the Bush Economy and I read every of your posts here and your discourse with Mike.

I agree, but according to the lefties, when it’s bad, it’s “the Bush economy”, which is my point.  My take is that the govt can only stay out of the way of our economy, and when it does anything, it tends to screw things up.  I don’t believe that the govt can “cause” economic growth, only reduce the number of