tag:blogger.com,1999:blog-7974797919729357889.post8395945905862938987..comments2023-04-02T00:19:01.536-07:00Comments on Bowyer on Intrade: What if Steve Forbes Had Won the Election?Intradehttp://www.blogger.com/profile/07420920711130341735noreply@blogger.comBlogger32125tag:blogger.com,1999:blog-7974797919729357889.post-84953025471728190242008-10-27T22:25:00.001-07:002008-10-27T22:25:00.001-07:00Jon said : Hahaha I didn't know this clown...<b>Jon</b> <i>said</i> :<br><br> Hahaha I didn't know this clown is still aroundIntradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-40346905337691645532008-10-27T17:08:00.001-07:002008-10-27T17:08:00.001-07:00Dew Bot said : The candy that made bankers dia...<b>Dew Bot</b> <i>said</i> :<br><br> The candy that made bankers diabedics is when Dumya(W) allow $40 to $1 leverage. 2004 when Dumya had "his mandate" he got this crap done. 2 1/2 cents for 1$. That was regulaton Dumya style. So now we have Dumya economics not that Exhalt style of capitalism. (i feel ya exhalt) Mr F, Dumya maken us solcialist now and screwed our markets. Bail-in his lackys. SIMPLE and easy to profit as shorting Boyers 'what ressision". I thank him.... <br />New short tip boys NWS!Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-2794116212726630312008-10-27T11:56:00.001-07:002008-10-27T11:56:00.001-07:00Steve said : I wrote:"In fact, if you had...<b>Steve</b> <i>said</i> :<br><br> I wrote:"In fact, if you had followed Jerry's prediction of higher stock prices and no recession over the last few years you would be a lot worse off than if you had listened to more competent people."<br /><br />Mr F wrote: "That's not what I've seen. I see him predicting the market would rebound, which it did -- all the way up to 14,000. You could have made a great deal of money on that. No one predicted that the market would rebound and never, ever go down again. This criticism is horrendously simplistic."<br /><br />Mr F, anyone who takes investment advice knows that buy recommendations are useless without adequate sell recommendations. Plenty of people talked the market up to 14000 but how many of them told you to sell? Robert Prechter is about the only person I know who has correctly called this deflationary asset bubble. Bowyer rode the coat tails of optimism building the bubble and like many others who practice gratuitous self promotion have been proven full of nonsense.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-78352575866470614532008-10-27T08:54:00.001-07:002008-10-27T08:54:00.001-07:00Mr. F said : "Then note the aftermath of ...<b>Mr. F</b> <i>said</i> :<br><br> "Then note the aftermath of the 'agreement' - absolutely not one attempt to regulate."<br /><br />Regulate what? Specifics, please. You say regulations were not being inforced, which still leaves you to a) explain which regulations those were and b) why their non-enforcement was responsible for the crisis.<br /><br /><br />"its demand that drives supply. Supply drives price. Go back to school."<br /><br />Right, because the hard part was getting people to want to travel safely and quickly, NOT building the internal combustion engine. Sure.<br /><br />Economics are complicated, no doubt, but the fundamental driver of economic growth is innovation and technology. Saying otherwise doesn't even pass a basic logic test. Henry Ford once put it best: "If I asked my customers what they wanted, they'd have told me they wanted faster horses."<br /><br /><br />"In fact, if you had followed Jerry's prediction of higher stock prices and no recession over the last few years you would be a lot worse off than if you had listened to more competent people."<br /><br />That's not what I've seen. I see him predicting the market would rebound, which it did -- all the way up to 14,000. You could have made a great deal of money on that. No one predicted that the market would rebound and never, ever go down again. This criticism is horrendously simplistic.<br /><br /><br />"Iknew the guy was out of his mind, but really this is kind of sad. And why would intrade post the ramblings of an insane man?"<br /><br />I wondered the same thing while reading this comment. And numerous others here, sadly.<br /><br /><br />"Maybe next you can give us an alternate history of what would have happened if Alan Keyes had won? Pat Buchanon? Maybe Lyndon Larouche?"<br /><br />We're in an economic crisis, so the article is about what a President with financial expertise might have done differently. I'd have thought this was obvious, but apparently not.<br /><br />The ratio of substance-to-dreck in the comments here is downright depressing.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-66317353040606566982008-10-26T10:27:00.001-07:002008-10-26T10:27:00.001-07:00Buskertype said : Maybe next you can give us a...<b>Buskertype</b> <i>said</i> :<br><br> Maybe next you can give us an alternate history of what would have happened if Alan Keyes had won? Pat Buchanon? Maybe Lyndon Larouche?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-2765605941094141552008-10-26T09:03:00.001-07:002008-10-26T09:03:00.001-07:00Bob said : Jerry -- Good to see you have not c...<b>Bob</b> <i>said</i> :<br><br> Jerry -- Good to see you have not changed your ideology since leaving WPTT in Pittsburgh. The policies that you assume would have taken place under a "President Forbes" sound pretty good. My only question is: Would Forbes have invaded Iraq? If your answer is yes, then all the other policies under a Forbes administration would meaningless!Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-41614713411741538452008-10-25T22:21:00.001-07:002008-10-25T22:21:00.001-07:00econ 512 said : How true. We need someone wit...<b>econ 512</b> <i>said</i> :<br><br> How true. We need someone with financial sense in charge. Not just another lawyer or political science major. Forbes or Romney represent the only candidates to run for president that actually know how to grow the economy and growing business, NOT the government.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-17956096388209143022008-10-25T20:56:00.001-07:002008-10-25T20:56:00.001-07:00t_d said : Wow. They'll put anything on th...<b>t_d</b> <i>said</i> :<br><br> Wow. They'll put anything on the internet.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-37491883340638279802008-10-25T20:26:00.001-07:002008-10-25T20:26:00.001-07:00t-Bar said : Iknew the guy was out of his mind...<b>t-Bar</b> <i>said</i> :<br><br> Iknew the guy was out of his mind, but really this is kind of sad. And why would intrade post the ramblings of an insane man?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-4767449521716096822008-10-25T17:46:00.001-07:002008-10-25T17:46:00.001-07:00Wolf said : Wow, I recall a few months ago thi...<b>Wolf</b> <i>said</i> :<br><br> Wow, I recall a few months ago this clown claiming no recession. How does he have a job?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-67578969950647820362008-10-25T13:53:00.001-07:002008-10-25T13:53:00.001-07:00Steve said : Jerry Bowyer should watch the tap...<b>Steve</b> <i>said</i> :<br><br> Jerry Bowyer should watch the tapes of Kudlow whose show he has appeared on numerous times. Jerry was an eternal optimist for years even though the signs of economic problems ahead were pointed out by many people he chose to chastise. In fact, if you had followed Jerry's prediction of higher stock prices and no recession over the last few years you would be a lot worse off than if you had listened to more competent people. So, Jerry, how are you able to explain what happened now when you appeared ignorant of the problems before?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-37792347080604469362008-10-25T13:25:00.001-07:002008-10-25T13:25:00.001-07:00DRW said : And what if Humpty Dumpty had had w...<b>DRW</b> <i>said</i> :<br><br> And what if Humpty Dumpty had had wings, so he didn't have a great fall and he could have flown away, so instead of the king's horses and the king's men trying to re-assemble him they could have joined the coalition of the willing in Iraq so that we would have been welcomed as liberators and been given lots of cake on our victorious walk through Baghdad... Yeah, the idea of Steve Forbes having been elected president is a lot like that. Don't you think it's time to get a life instead of living life like the Harry Turtledove books my son read when he was younger?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-20740600337040927622008-10-25T05:32:00.001-07:002008-10-25T05:32:00.001-07:00John K said : Mr. F. - The point many of us, e...<b>John K</b> <i>said</i> :<br><br> Mr. F. - The point many of us, economists including most "right wing" types (and now even Greenspan), have been making is that there may be enough 'regulations' on the docket to have averted much of the 'crisis'...the problem of the last 8 years has been a failure of enforcement. Since you want an example - read/listen to the Cox-Paulson exchange at the SEC 2004 meeting when Cox was meeting with the bankers including Paulson as head of GS (if you don't have that reference - google it or follow the links from any of the article - Economist, Time, Newsweek - whatever you read...it's been covered enough). Then note the aftermath of the 'agreement' - absolutely not one attempt to regulate.<br /><br />Mr. Bowyer - As for what's to 'blame' - read the Greenspan testimony. If there was no market for CDS there would have been far fewer middle-class liar loans made. About time amateur supply-side economists learnt something...its demand that drives supply. Supply drives price. Go back to school.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-65883281746705269192008-10-24T23:31:00.001-07:002008-10-24T23:31:00.001-07:00steve forbes could have prevented 911 said : c...<b>steve forbes could have prevented 911</b> <i>said</i> :<br><br> cuz 911 never happens. steve forbes is jesus! and wall street doesn't put a gun to taxpayers' heads to bail their greedy cheating asses out. Steve Forbes is to George Bush as Apollo 13 is to Operation Iraqi Freedom.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-63210910024160794922008-10-24T22:18:00.001-07:002008-10-24T22:18:00.001-07:00JoshA said : It wasn't happenstance that F...<b>JoshA</b> <i>said</i> :<br><br> It wasn't happenstance that Forbes didn't win anything. He was an awkward candidate pushing ideas that had no popular support.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-80666335885674904412008-10-24T22:14:00.001-07:002008-10-24T22:14:00.001-07:00Toby Ziegler said : It's white. What part ...<b>Toby Ziegler</b> <i>said</i> :<br><br> It's white. What part of the situation are you having trouble with?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-62425188627537083842008-10-24T21:26:00.001-07:002008-10-24T21:26:00.001-07:00FGFM said : What's with his hair?<b>FGFM</b> <i>said</i> :<br><br> What's with his hair?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-17824079544284980642008-10-24T20:27:00.001-07:002008-10-24T20:27:00.001-07:00Mr. F said : Anyone who thinks this crisis is ...<b>Mr. F</b> <i>said</i> :<br><br> Anyone who thinks this crisis is the result of capitalist excesses or deregulation simply has no idea what they're talking about. Point me to one piece of deregulation enacted over the last 8 years. Go ahead, I'll wait.<br /><br />Meanwhile, everyone else seems to be confusing anger for argument. If you have an argument, make it. If not, what on earth are you babbling on for?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-8324530548438092122008-10-24T17:08:00.001-07:002008-10-24T17:08:00.001-07:00Sakura said : This is a joke, right? The curre...<b>Sakura</b> <i>said</i> :<br><br> This is a joke, right? The current economic state is a byproduct of the failures and excesses of capitalism, and we'd probably be headed into Great Depression 2: Electric Boogaloo if our friend Steve "Silent Cal" Forbes had been elected.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-31056886886016551752008-10-24T16:04:00.001-07:002008-10-24T16:04:00.001-07:00Dew Boy said : If we could trade (A)"What...<b>Dew Boy</b> <i>said</i> :<br><br> If we could trade (A)"What Recession" Boyer A joke.<br /> (B)"What Recession" Boyer Not A joke.<br />Well I think we now know!Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-744686090083345252008-10-24T14:07:00.001-07:002008-10-24T14:07:00.001-07:00Exalt said : Exploit the earth or die.
It...<b>Exalt</b> <i>said</i> :<br><br> Exploit the earth or die. <br /><br />It's not a threat, it's a fact. Isn't this our only choice? A question alien to the philosophical universe most inhabit. <br /><br />Either man takes the raw materials of the earth and transforms them into the requirements of his life, or he dies. Pretty simple, right? There is no escaping this fact, not if we want to live, yet, why are so few able to fully embrace it? <br /><br />Capitalism is the only moral political/economic system, we ignore this at our peril.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-42684431290165744162008-10-24T07:52:00.001-07:002008-10-24T07:52:00.001-07:00Buskertype said : When people who don’t know ...<b>Buskertype</b> <i>said</i> :<br><br> <i> When people who don’t know their Alt-A’s from their control-alt-deletes are waxing eloquent about the dangers of the mortgage markets, billionaires are quietly buying.</i><br /><br />Jerry Bower, Oct 2007Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-91759927468266942142008-10-24T07:37:00.001-07:002008-10-24T07:37:00.001-07:00Buskertype said : I'm going with the theor...<b>Buskertype</b> <i>said</i> :<br><br> I'm going with the theory that this is sarcasm. right?Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-35512009673573954382008-10-23T16:33:00.001-07:002008-10-23T16:33:00.001-07:00Steve Forbes is a joke said : There's the ...<b>Steve Forbes is a joke</b> <i>said</i> :<br><br> There's the guy who was calling crude oil a bubble when it was at $60 on the way to $147. Great call, Steve !! <br /><br />Steve Forbes shows me nothing !!!Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.comtag:blogger.com,1999:blog-7974797919729357889.post-50796248856541607472008-10-23T15:38:00.001-07:002008-10-23T15:38:00.001-07:00Glen said : This is interesting, but nothing m...<b>Glen</b> <i>said</i> :<br><br> This is interesting, but nothing more than a speculative "bubble" in written form.Intradehttps://www.blogger.com/profile/07420920711130341735noreply@blogger.com