tag:blogger.com,1999:blog-24847601.post525595024755991378..comments2024-01-11T04:26:33.475-05:00Comments on Drifting Through The Grift: Question of The Daygriftdrifthttp://www.blogger.com/profile/04509712527908530572noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-24847601.post-86152045236771699502009-02-12T14:00:00.000-05:002009-02-12T14:00:00.000-05:00I like the analogy.Here's your problem:It doesn't ...I like the analogy.<BR/><BR/>Here's your problem:<BR/><BR/>It doesn't matter how much fuel you pour into the carburetor if the fuel pump is broken. Continuing your analogy, the financial sector is the fuel pump.<BR/><BR/>The problem isn't that we're out of gas, it's that we're not pumping it through the economy.<BR/><BR/>And as PeachPundit readers know, I think there are much better ways to fix the financial sector than to keep throwing money at Wall Street and hope the "do something".Icarushttps://www.blogger.com/profile/11668312413342918485noreply@blogger.comtag:blogger.com,1999:blog-24847601.post-16197081324715960332009-02-12T05:15:00.000-05:002009-02-12T05:15:00.000-05:00I think they've managed to pour gas into the tires...I think they've managed to pour gas into the tires. <BR/><BR/>Two interesting things I've seen so far: <BR/><BR/>a) Rail grants. $250M in direct grants to states, $850M to Amtrak, $2B for high-speed rail. I believe those numbers explain GA-DOT's renewed interest in that topic. <BR/><BR/>b) I rather like U.S. Treasury's tactic of keeping interest rates low, by adding/maintaining uncertainty (and probably allowing further bank and fund failures).Unknownhttps://www.blogger.com/profile/00420821373572611498noreply@blogger.comtag:blogger.com,1999:blog-24847601.post-33686671202406542992009-02-11T20:23:00.000-05:002009-02-11T20:23:00.000-05:00I like the analogy, but many people these days thi...I like the analogy, but many people these days think carbs are in your food and should be avoided. :-)<BR/><BR/><BR/>Some of both, but not much of anything anytime soon. Most of the spending hits 18 to 24 months from now.<BR/><BR/>Removal of payroll taxes would cost less and be like ether in the carb, an instant surge. It would also guarantee the pols would end the stimulus as quickly as possible, rahter than just ratcheting up baseline spending. It also removes power from the pols, so it won't happen. If they can't take credit, forget it.<BR/><BR/>One problem - too much ether in a gas engine can snap a crankshaft main journal in half, so it must be used very sparinlgy and carefully.Unknownhttps://www.blogger.com/profile/12150907325288381316noreply@blogger.comtag:blogger.com,1999:blog-24847601.post-70070096608646634712009-02-11T16:49:00.000-05:002009-02-11T16:49:00.000-05:00I think it's like a shot of that spray ether start...I think it's like a shot of that spray ether starting fluid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24847601.post-35625862667046948122009-02-11T16:35:00.000-05:002009-02-11T16:35:00.000-05:00LOL.This bill isn't even Keynesian. It's just a p...LOL.<BR/><BR/>This bill isn't even Keynesian. It's just a pork-fest.buzzbrockwayhttps://www.blogger.com/profile/12688042173016416985noreply@blogger.comtag:blogger.com,1999:blog-24847601.post-16672973437356957202009-02-11T13:53:00.000-05:002009-02-11T13:53:00.000-05:00This is what I get for talking to people too young...This is what I get for talking to people too young to remember a proper motor.griftdrifthttps://www.blogger.com/profile/04509712527908530572noreply@blogger.com