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    Booman.. given how the media operates.. do you still think that this election is going to lead to a clear…
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  • My deep condolences. In case  you feel you need it.. in a couple of days, I hope you find this…
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  • After looking at the details, it is really a draw in the short-term. It does not anything to improve nor…
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  • You were right. A pleasure
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  • Amazing.. according to Time the total number of spending cuts in 2012 in the first round is less than 4…
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  • I completely agree. if there is a payroll tax and unemployment benefits, it would really make it balanced regarding the…
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  • Latest details. I was wrong regarding the short-term cuts.  Indeed the effect on 2012 budget of the whole set of…
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  • You do not have to. You can read DeLong http://delong.typepad.com/sdj/2011/07/department-of-huh-debt-ceiling-deal.html it is not a win for the economy. It is…
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  • My view is rather simple. It is what krugman says. http://www.nytimes.com/2011/08/01/opinion/the-president-surrenders-on-debt-ceiling.html In fact, Republicans will surely be emboldened by the…
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  • QE is an exchange of money for nothing. this is the legal way to do the same. As CNBC reported,…
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  • Ok, if this is true, it is 65 billion drag per year on average (supposing the Defense budget is cut…
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  • The most optimistic scenario would be a 40 billion defense cut upfront, with 50 billion in non-discretionary. This is a…
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  • I did the same math as you. This is not only a huge blow to the middle class, as expected…
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  • I meant.. "no-present value".. like the coins.. in the future they will have value.. and in the future, coins will…
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  • Absolutely agree. I had not reached the point where that was a given. I am not sure I agree with…
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  • Not in a liquidity trap. Actually, the assets the FED is buying  with QE are long-term private and public debt.…
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  • I meant that I agreed with him until know. I did not think Obama was a bad president at all.…
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  • Upss.. I am sorry, I really did not read that. Now everything makes some sense. I have to rethink what…
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  • I have tried to explain to Booman about monetary policy to no avail.  That the FED prints money all the…
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  • Really Booman please. How do you know the 1.2 trillion cuts do not affect the short-term, really? I think they…
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