tag:blogger.com,1999:blog-11719208.post8260812674321872372..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Peter Schiff for Senate 2010Timhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-11719208.post-90151569592910469512009-09-21T12:50:15.830-07:002009-09-21T12:50:15.830-07:00@Adam2, We are already at a lower position than no...@Adam2, We are already at a lower position than nominal. By not taking out the trash, we are choosing not to recognize that it is in fact trash - which in turn makes things worse. This can only serve to benefit those holding more trash at the expense of those with less.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-57665895418282671822009-09-21T12:50:05.598-07:002009-09-21T12:50:05.598-07:00@Adam2, We are already at a lower position than no...@Adam2, We are already at a lower position than nominal. By not taking out the trash, we are choosing not to recognize that it is in fact trash - which in turn makes things worse. This can only serve to benefit those holding more trash at the expense of those with less.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-751874250181408172009-09-21T11:06:28.933-07:002009-09-21T11:06:28.933-07:00This is a different Adam.
There is no guarantee t...This is a different Adam.<br /><br />There is no guarantee things will get better if we liquidate. Actually it will probably make us worse since we have to start at a lower position.<br /><br />See Great Depression when Austrian economics was more prevalent than now.Adam2https://www.blogger.com/profile/03710514839937913226noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-60055823793210623152009-09-19T14:09:21.641-07:002009-09-19T14:09:21.641-07:00He shouldn't run for office--it's a waste ...He shouldn't run for office--it's a waste of effort and a distraction from what he does best.<br /><br />I can't see how if elected he'd be able to make any difference anyway.Anonymoushttps://www.blogger.com/profile/04986493790015076050noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-71793395597386859412009-09-18T22:13:01.351-07:002009-09-18T22:13:01.351-07:00I hope the masses are ready for a policy approach ...I hope the masses are ready for a policy approach like Schiff's, but worry about the American public's judgement in these areas.<br /><br />How would the average person respond to "Sorry, but we can't really do anything to help in this tough economic climate. That would only make things worse. Many of you will lose your jobs. But long-term, things will be better as the free-market is allowed to function. Just be patient."<br /><br />Maybe they're ready for such a message. I know I am. But suspect Joe Sixpack not happy with that answer, and screams "Do something Mr. Fancy Politician!"<br /><br />I'll be rooting Schiff on, and contributing as I can. But if this faux-recovery continues into 2010, his chances will be diminished.Adamhttp://www.bearishnews.comnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-3562305453574222092009-09-18T17:06:16.335-07:002009-09-18T17:06:16.335-07:00Smart people will invest where there will be long ...Smart people will invest where there will be long term viable returns... it doesn't matter where....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-41624716390333712272009-09-18T15:28:45.605-07:002009-09-18T15:28:45.605-07:00I don't have too many issues with Mr Schiff, b...I don't have too many issues with Mr Schiff, but lets get real.<br /><br />No matter how "reasoned" his business strategy, running an investment house who's model is essentially based on the future economic ruin of the US is unlikely to attract too many votes.<br /><br />In the eyes of many, if you have money and care about your country, you invest in companies here, not abroad.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-61133541080371346312009-09-18T14:57:08.779-07:002009-09-18T14:57:08.779-07:00CT Republicans believe they acutally have a shot a...CT Republicans believe they acutally have a shot at Dodd this year, which is why the chance of Schiff getting the nomination is between slim and none.Anonymousnoreply@blogger.com