Rachel Maddow Show - "...get out of the way of people who are actually trying to save the country."

Didnt work did it?..most of the money went to pork barrel projects didnt it.

now you want the govenment heath bill rushed through without reading it?/how can you say something is great if you havent read the bill?

have any of the posters read the bill?
why did congress opt out of it /if its so great?

taxes will go up. not just on the weathy but everyone who makes over 40k a year.

how much more dept do we need to bury ourselfs in?

Its funny how these faggot ass republicans talk about not rushing into signing the stimulis plan because "we need to slow down, take a time out, and get it right." Really, wow, i sure would have liked these cowards to have done the same thing before we went into Iraq, fucken hypocrites.

Freak BITCH!

Dumb & ignorant lesbian twat.

Why you hate her cause she smarter than you. She probably get more pussy than you too. Stay Classy introvertical71

madly in love with Rachel Maddow.
i wish i were a female.
i would go lesbian for her soooooo fast.

...bubble over the last century, each one was preceded by a large amount of money creation on behalf of the Federal Reserve. The new money makes its way into the economy usually via the bidding up asset prices (real estate, stocks, etc.) fueling the speculative bubbles and manias responsible for the recession we're in right now. If capital was priced by the market instead of by Ben Bernanke, interest rates would greatly restrain or prevent such bubbles from ever taking place.

Well be both agree that some government spending is always necessary and beneficial if it serves a particular need the market would not. Roads, bridges, fire stations, etc.

But I think the blame for most bubbles, recessions, and bank runs lies not with animal spirits or "self-feeding deviations," but from the same government you think ought to do all of this mitigating. Most recessions result from bubbles, and most bubbles result from money creation. If you look at just about any...

I would disagree that recessions are self-fulling orsustaining. The 1921 depression was equal in severity to the '29 crash, yet unlike Hoover/FDR, our government chose not to intervene in any way. Less than two years later, the economy was back on its feet without the creation of any new government programs or massive debt. Recessions are necessary market corrections after years of inflationary distortions brought about by the Fed. They are the cure, not the cause, of our economic ills.

...If state spending unemployment to 7% and then it remains at that level even after the spending is cut off, then that is real wealth created. The state may have spent 1billion but 4billion in wealth was created that wouldn't normally be there, that is wealth created by the state just by getting the economy going again. If now the state raises taxes to pay for the earlier spending, 1billion of wealth is removed.
If the economy is already healthy, then yes, it is the broken window fallacy.