PDA

View Full Version : Economists prove BO bailout worked



Mike Honcho
07-29-2010, 10:55 AM
http://www.nytimes.com/2010/07/28/business/economy/28bailout.html?_r=2

Let me add that I do NOT believe this to be true. I was looking for feedback on this and thus I should have questioned the write up

Jfor
07-29-2010, 11:07 AM
http://www.nytimes.com/2010/07/28/business/economy/28bailout.html?_r=2

Hi stupidicus!

djones520
07-29-2010, 11:09 AM
Dude, don't go creating other accounts. We can check IP addresses dumbass.

Rebel Yell
07-29-2010, 11:14 AM
Hi stupidicus!

Checkmate, every time, without fail, barr none.

Jfor
07-29-2010, 11:48 AM
Checkmate, every time, without fail, barr none.

bwahahahahahahahahahahaha

lacarnut
07-29-2010, 12:34 PM
http://www.nytimes.com/2010/07/28/business/economy/28bailout.html?_r=2
If shit was brains, you would not get a smell.

noonwitch
07-29-2010, 12:59 PM
At the moment, it appears that it is helping GM. But that won't continue if 1. GM still makes crappy cars and/or 2. There aren't enough people working to buy GM cars.

Mike Honcho
07-29-2010, 01:03 PM
Whoa guys, I am a noob but I am not who you think I am, whomever that is. I didn't post that implying that I agree with it so back off. All I did was post a link.

Oh, and thanks for the warm welcome:D

Zathras
07-29-2010, 01:04 PM
http://chzderp.files.wordpress.com/2010/07/c18432b4-9f74-45bd-a2fd-78b088368d96.jpg

fixed

djones520
07-29-2010, 01:22 PM
Whoa guys, I am a noob but I am not who you think I am, whomever that is. I didn't post that implying that I agree with it so back off. All I did was post a link.

Oh, and thanks for the warm welcome:D

Look for a thing called the Welcome Wagon. Much easier integration if you start off there.

FlaGator
07-29-2010, 01:29 PM
Seems we have found Satanica's missing left sock.

djones520
07-29-2010, 01:32 PM
Seems we have found Satanica's missing left sock.

Nah, I verified his story. Unless Satanicus drove up to Jacksonville today, this is someone else.

FlaGator
07-29-2010, 01:40 PM
Nah, I verified his story. Unless Satanicus drove up to Jacksonville today, this is someone else.

Dude, I live in Jacksonville, don't scare me like that. We'd have to take the city out and have it cleaned afterwards.

djones520
07-29-2010, 01:44 PM
Dude, I live in Jacksonville, don't scare me like that. We'd have to take the city out and have it cleaned afterwards.

Is that so? I might be swinging through Jacksonville next year to visit a friend in the Navy.

m00
07-29-2010, 04:08 PM
http://www.nytimes.com/2010/07/28/business/economy/28bailout.html?_r=2

Are these the same economists that failed to predict sub-prime lending was a bad idea, and that the banks were grossly overextended, and that no matter how clever you think you are debt should not be passed off as an asset? What evidence do you have that economists have a f-ing clue.

m00
07-29-2010, 04:14 PM
from your link:


The paper, by Alan S. Blinder, a Princeton professor and former vice chairman of the Fed, and Mark Zandi, chief economist at Moody’s Analytics, represents a first stab at comprehensively estimating the effects of the economic policy responses of the last few years.
Hmm, where have I heard these names before?

Wiki article on Blinder:


"Cash for Clunkers"

Blinder was an early advocate of a "Cash for Clunkers" program, in which the government buys some of the oldest, most-polluting vehicles and scraps them. In July 2008, he wrote an article in The New York Times advocating such a program,[11] which was implemented by the Obama administration during the summer of 2009.[12] Blinder asserted it could stimulate the economy, benefit the environment, and reduce income inequality.[11] The program was both praised for exceeding expectations,[13] and criticized for economic and environmental reasons.[14][15][16]

And on Zandi:


Zandi's analysis of the impact of an economic stimulus package on the US economy was cited by Christina Romer and Jared Bernstein in their report on President Barack Obama's proposed American Recovery and Reinvestment Plan.[4]

Note the "American Recovery and Reinvestment Plan" is better known as the Stimulus. So this jackoff helped shaped the Stimulus.



Yeah, two economists whose works advocated for, or influenced, the bailout schemes... authored a paper saying Golly, Gee, the bailout schemes we advocated for worked! Do you think perhaps they have an interest in people thinking the stimulus worked?

m00
07-29-2010, 04:26 PM
This just in... m00 writes a crucial and ground-breaking research paper that he's awesome. Now I'm going to phone the NYT, maybe they can write a story about how awesome I am, now that my awesomeness is proven beyond any scientific doubt.

Mike Honcho
07-29-2010, 05:35 PM
from your link:


The paper, by Alan S. Blinder, a Princeton professor and former vice chairman of the Fed, and Mark Zandi, chief economist at Moody’s Analytics, represents a first stab at comprehensively estimating the effects of the economic policy responses of the last few years.
Hmm, where have I heard these names before?

Wiki article on Blinder:


"Cash for Clunkers"

Blinder was an early advocate of a "Cash for Clunkers" program, in which the government buys some of the oldest, most-polluting vehicles and scraps them. In July 2008, he wrote an article in The New York Times advocating such a program,[11] which was implemented by the Obama administration during the summer of 2009.[12] Blinder asserted it could stimulate the economy, benefit the environment, and reduce income inequality.[11] The program was both praised for exceeding expectations,[13] and criticized for economic and environmental reasons.[14][15][16]

And on Zandi:


Zandi's analysis of the impact of an economic stimulus package on the US economy was cited by Christina Romer and Jared Bernstein in their report on President Barack Obama's proposed American Recovery and Reinvestment Plan.[4]

Note the "American Recovery and Reinvestment Plan" is better known as the Stimulus. So this jackoff helped shaped the Stimulus.



Yeah, two economists whose works advocated for, or influenced, the bailout schemes... authored a paper saying Golly, Gee, the bailout schemes we advocated for worked! Do you think perhaps they have an interest in people thinking the stimulus worked?

Just what I wanted to see- Muchas Gracias

Constitutionally Speaking
07-29-2010, 07:25 PM
http://www.nytimes.com/2010/07/28/business/economy/28bailout.html?_r=2

Let me add that I do NOT believe this to be true. I was looking for feedback on this and thus I should have questioned the write up


Well, THIS economist says bullshit.