tag:blogger.com,1999:blog-12897315.post5971649862725253660..comments2024-03-18T18:30:39.000-05:00Comments on Dad29: War is Peace. 'Stimulus' is StabilizationDad29http://www.blogger.com/profile/08554276286736923821noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-12897315.post-23454108374770073012009-07-17T20:05:55.903-05:002009-07-17T20:05:55.903-05:00Umnnnnhhh...
That CIT thing is going to be a big ...Umnnnnhhh...<br /><br />That CIT thing is going to be a big mess, yup. It will leave GECap as the remaining major small-biz lender--and I don't think GECap does SBA, either. Nor factoring.<br /><br />OTOH, if TARP was a bad idea, then it's a bad idea no matter who, right?Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-10333177428615487762009-07-17T18:14:31.302-05:002009-07-17T18:14:31.302-05:00Meanwhile, the largest lender of money to small an...Meanwhile, the largest lender of money to small and medium-sized businesses is on the verge of bankruptcy - the 4th largest bankruptcy ever. The Obama response was...... crickets.<br /><br />Bail out main street and help protect the overwhelming majority of jobs in the country? Nah.... The peasants don't deserve help, they are just to be the revenue stream for an engorged government.<br /><br />So much for Democrats are for the little guy.<br /><br />neomomAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-52271876851785530342009-07-17T16:04:43.376-05:002009-07-17T16:04:43.376-05:00Wrong, Struppster.
PRC's 'stimulus' c...Wrong, Struppster.<br /><br />PRC's 'stimulus' consists of direct orders to Banks to lend money like crazy to PRIVATE ENTERPRISES.<br /><br />ObamaStatist 'stimulus' consists of direct subsidizations of State and Local Gummints.<br /><br />Pay attention to the details and you may learn something.Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-65530535312198883002009-07-17T15:14:07.794-05:002009-07-17T15:14:07.794-05:00"The terminology changed b/c it doesn't w..."The terminology changed b/c it doesn't work, and won't work until 2010--if then--"<br /><br />Which one is it? It doesn't work or it does work but it just takes awhile. <br /><br />This is about as consistant as.....government stimulus worked for the Chinese who are clipping along at around 7% GDP growth again.....but stimulus won't work here....unless it's 1942 and we are spending 120% of GDP on weapons of war which was not government stimulus either even though it pulled us out of the depression.J. Struppnoreply@blogger.comtag:blogger.com,1999:blog-12897315.post-84999901169495784622009-07-17T14:35:57.439-05:002009-07-17T14:35:57.439-05:00Nice of you to check on my heart's condition. ...Nice of you to check on my heart's condition. It's pumping, thanks...<br /><br />It was CALLED "Stimulus," not "Stabilization." Size is not the question. <br /><br />The terminology changed b/c it doesn't work, and won't work until 2010--if then--Dad29https://www.blogger.com/profile/08554276286736923821noreply@blogger.comtag:blogger.com,1999:blog-12897315.post-74786770448846881582009-07-17T13:59:12.170-05:002009-07-17T13:59:12.170-05:00It's intended for stabilization. It's was...It's intended for stabilization. It's was never big enough or focused enough to completely offset the slack in aggregate demand. No one denies this to my knowledge. <br /><br />Not even back in January. <br /><br />I know there is nothing that excites you more than a bit of Keynes on a Friday afternoon dadster.J. Struppnoreply@blogger.com