Musical Choads

If it was as obvious as you say, and everyone saw it coming (hindsight ftw), then it's even more damning for Bernanke, as he denied a housing bubble right up until the collapse.

Hey, who cropped out those two?

The comedic possibilities seemed greater without them.

What I can't figure out is, you can see the wall right through his arm, which seems to indicate the original photo is altered in some way (as posted on Drudge). I guess he is just holding his right arm sharply behind his back for some reason but it looks strange.

That hair. I just don't

Herman Cain - wooing trailer trash in onesies and twosies

Cain: I am Indiana Jones for Halloween, and the broad on my left is MEDUSA

It's not shopped and you know why also. His arm is just to his side/behind his back.

fyp

just goosin' her a bit! gotta make sure she smiles for the cameras ya know

http://www.realclearpolitics.com/epo...vote-2170.html

lol @ the difference between the latest Rassmussen and Reuters poll

Betting on the democrats to take the house in '12 seems like FREE MONEY to me as long as it's <$4.0.

Romney talks vaguely about vouchers for veterans' healthcare.

Amazingly poor/slanted writing.

Edit
I retract the amazingly part

Excellent plan. I think this is the best way to introduce universal health care on a national level.

Nope, not serious. Read it wrong.

I am not going to defend Bernanke.
What I am saying is that it's not true that nobody saw it coming and that blaming in on federal reserve needs to be supported by a lot of evidence as it's not clear if he could have done much to prevent it (at least that's my understanding of the situation which is to be sure not too deep), especially with not much time he had (as he was appointed basically at the beginning of the collapse).

I oppose "something didn't work therefore comeback to stone age must be the remedy" rhetoric used in this thread.

This was recorded in 2006. Check it out.

This guy is brilliant. It's well worth watching the entire hour and 12 minutes. He told the mortgage guys what was going to happen and they laughed at him.

And watch some of his other stuff on youtube after that.

Do some research before posting man. Plenty of people predicted it... John Paulson made a mega fortune shorting the market. Other famous ones are Roubini and Whitney. Watch that Peter Schiff video that was posted, as his understanding was certainly among the most nuanced. He lays out what the problems are, why, and what will happen as a result with astonishing accuracy.

Logic is the evidence, that type of outrageous credit expansion would never be possible without ultra loose monetary policy from the Fed.

I fail to see how it relates to my post.
The guy makes some valid observations like problematic shift to service economy, housing bubble. There are many dumb government programs, dumb spending, dumb policies and dumb regulations. How it is an argument to abolish regulations, reduce government and end the fed I still fail to see.
If anything it calls for more strict regulations, heavy spending in areas of economy we want grow (industry, infrastructure, production), reducing free ride of Wall Street, regulate banks etc.
This is what I am talking about, just because something went wrong and is going wrong doesn't mean free for all market and killing as much government as possible is the answer.

There are many economists from both sides who doesn't like what is going on. It's easy to claim "you see what happened therefore I must be right".

How does it relate to my post at all ? Where did I say that plenty of people didn't predict it ? I said the opposite quoting predictions from like 2002.
I didn't defend FED policy throughout all history, I said Bernanke probably couldn't do much about it as he was appointed at the time bubble was starting to burst.
WTF ?

I wrote this last week:

Gingrich currently at 12.2% on intrade.

I stand by everything I said above - Perry and Cain have no shot, it's still between Romney and Gingrich, and that reality is slowly creeping into the mainstream.

Beyond that, I'm not sure which of the two takes it.

Is everyone finally on board with my Romney-Gingrich 2 person race view?

Thoughts?

Mostly, but I guess I need to see Cain's numbers significantly drop before I can count him out entirely. I really thought that drop would have happened by now.

According to this poll, he went from first to third, behind Gingrich, in about a week: http://blogs.wsj.com/washwire/2011/1...on-gop-voters/

Do you really think he still has a chance to win the nomination?

Did you ever really think he had a shot? (serious question)

Even though it seems incoherent, my answer is no to the last question and I don't know to the first one. I keep being really dismissive and the poll numbers keep leaving me asking "WTF?" Eventually a guy has to wonder if the might be wrong.

If he does have a chance though, it's not a good chance.