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Right...those are the same. Presidential candidates for the past 40 years have released 7-8 years of tax returns on average. On the other...
True statements. Unfortunately, I simply don't understand why you would think now is the right time to tackle our fiscal "crisis." I put...
I swear, some of you guys don't seem to have a firm idea of how the budget process works. Obama has submitted his annual budget proposals to...
Interesting that Major isn't on that list anywhere. Do I belong in #8, or is there another category called "Somehow inserts 'Reserves and money...
Not really, more like domestic wholesale distribution...although the lines do get blurred sometimes. Most of my suppliers are import/export...
My business is a middle-man...buy goods in vast quantities from manufacturers and then wholesale to retailers. From all your talks about Mexican...
Maybe I wasn't clear. Running a business requires me to make decisions regardless of what my future taxes will be. The last thing I do is sit...
No, what's really amazing is that armchair economists like you have absolutely no understanding of sectoral balances, but consider yourselves...
Help me connect your dots here. How does less public sector debt equate to a more stable private sector? We run a trade deficit, so our...
Spending is only one side of the story. If you keep taxes the same but reduce government spending from 25% to 15% of GDP, you're removing an...
I assume you would've preferred a massive middle-class tax cut instead?
Those numbers are indeed terrible. However, the problem I have with many stubborn ideologues is that they see these numbers as "evidence"...
I'd consider this to be a fairly accurate statement. What do you suppose Obama should be doing then? You know...aside from the fiscal...
Much of what happens with #1 is out there for the public see as well. The Fed only has the power to transact in dollars, so they wouldn't be...
Hah...that'd be a bold move. I can't say I'd support such a decision, because the effects would be awfully hard to predict. You and I might...
That'd be an interesting idea... Banking used to be all about risk management: "Let's take calculated risks to help businesses produce and make...
True, but the Fed (like any other lender) is free to say no to a bank at the discount window, particularly if they're borrowing reserves purely...
A bank that opens a branch in the U.S. will typically establish a reserve account with the Fed. It's a banker's bank. When a bank is low on...
I'm at a complete loss as to where you get your information. You're ringing alarm bells over things that have existed for the last hundred years....
IMHO much of the problem is that a lot of what the public has deemed "opaque" about monetary policy is in fact posted publicly on the Fed website...
