Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Economic Understanding, and Its Handmaiden Fiscal Responsibility Arrive in Washington
Old 05-16-2009, 11:40 AM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
Join Date: Apr 2003
Location: Hooverville
Posts: 21,831
Economic Understanding, and Its Handmaiden Fiscal Responsibility Arrive in Washington

From Alan Abelson's column today-

"To be fair, investors had a full plate of news to weigh that may have distracted them from any purely sentimental gesture, such as President Obama's remarkable revelation that China might grow tired one of these years of lending us money (who knew?). And that, he posited, might pose a serious threat to our ability to continue to happily live beyond our means. Wow! And just to show he means to do something serious about it, he plans to limit this fiscal year's federal budget deficit to a mere $1.84 trillion, instead of the $2 trillion widely expected."

No Pig Heaven -

haha is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-16-2009, 08:36 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,324
Well now - those fools among us who retain a stubborn belief in the 'no free lunch theory' but posessing no good crystal ball are still waiting for the piper:

whether inflation, big tax increases, and/or credit default(think Europe and old war debt) -or combinations thereof.

I still remember elements of my 1965-1985 period give or take.


heh heh heh - oh well maybe this time it's different - but I doubt it. .
unclemick is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
The Great Fiscal Stimulus Package ... Of 1929 MiningMajor FIRE and Money 13 02-01-2008 10:26 PM
First Fiscal Year of ER - My Actual Spending & Lessions - What are yours? dex FIRE and Money 0 11-26-2007 08:24 AM
Speaking of Work - The Millennium Generation has begun to Arrive chinaco Other topics 28 11-13-2007 05:30 PM
Financial responsibility Arif Other topics 20 08-23-2005 01:53 PM
Fiduciary responsibility of beneficiary db FIRE and Money 5 05-02-2004 12:05 PM


All times are GMT -6. The time now is 11:33 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.