Comments on: FDIC Fright http://www.cosmictap.com/fdic-fright/ Miscellaneous Affronts To Your Assumptions Wed, 01 Feb 2012 09:03:19 +0000 hourly 1 http://wordpress.org/?v= By: morganb http://www.cosmictap.com/fdic-fright/comment-page-1/#comment-7285 morganb Sun, 20 Jul 2008 08:50:23 +0000 http://www.cosmictap.com/?p=1005#comment-7285 I'm with you Anthony. The implications of this mess are much bigger than people think. The whole too big to fail argument for institutions has clearly been debunked. The next question is, is the American economy too big to fail? Unfortunately I'm not sure. I'm with you Anthony. The implications of this mess are much bigger than people think. The whole too big to fail argument for institutions has clearly been debunked. The next question is, is the American economy too big to fail? Unfortunately I'm not sure.

]]> By: morganb http://www.cosmictap.com/fdic-fright/comment-page-1/#comment-7117 morganb Sun, 20 Jul 2008 04:50:23 +0000 http://www.cosmictap.com/?p=1005#comment-7117 I'm with you Anthony. The implications of this mess are much bigger than people think. The whole too big to fail argument for institutions has clearly been debunked. The next question is, is the American economy too big to fail? Unfortunately I'm not sure. I'm with you Anthony. The implications of this mess are much bigger than people think. The whole too big to fail argument for institutions has clearly been debunked. The next question is, is the American economy too big to fail? Unfortunately I'm not sure.

]]> By: morganb http://www.cosmictap.com/fdic-fright/comment-page-1/#comment-6272 morganb Sun, 20 Jul 2008 01:50:23 +0000 http://www.cosmictap.com/?p=1005#comment-6272 I'm with you Anthony. The implications of this mess are much bigger than people think. The whole too big to fail argument for institutions has clearly been debunked. The next question is, is the American economy too big to fail? Unfortunately I'm not sure. I’m with you Anthony. The implications of this mess are much bigger than people think. The whole too big to fail argument for institutions has clearly been debunked. The next question is, is the American economy too big to fail? Unfortunately I’m not sure.

]]> By: Anthony Citrano http://www.cosmictap.com/fdic-fright/comment-page-1/#comment-6271 Anthony Citrano Sat, 12 Jul 2008 18:40:35 +0000 http://www.cosmictap.com/?p=1005#comment-6271 Well, you'll need to go scold those "liberals" - not me - if you think they're unduly hyping things, but speaking for myself I don't think it's really possible to overhype this. Most Americans are under-hyping it with heads in the sand. <br><br>We are undergoing the economic cataclysm that I have been predicting (on these pages) for years.<br><br>So, the Fed will step in because the FDIC is too big to fail, right? Well, is the Fed too big to fail? Who steps in when the Fed's ink is worthless? Your comment smacks far more of liberalism than mine - that a Nanny Bank will step in to save us from ourselves, and all will be OK. I hope it will be that easy, but I don't think it will.<br><br>A different President is not going to change this situation much. The next President is going to be sailing through some really nasty economic waters. Well, you’ll need to go scold those “liberals” – not me – if you think they’re unduly hyping things, but speaking for myself I don’t think it’s really possible to overhype this. Most Americans are under-hyping it with heads in the sand.

We are undergoing the economic cataclysm that I have been predicting (on these pages) for years.

So, the Fed will step in because the FDIC is too big to fail, right? Well, is the Fed too big to fail? Who steps in when the Fed’s ink is worthless? Your comment smacks far more of liberalism than mine – that a Nanny Bank will step in to save us from ourselves, and all will be OK. I hope it will be that easy, but I don’t think it will.

A different President is not going to change this situation much. The next President is going to be sailing through some really nasty economic waters.

]]> By: Josh http://www.cosmictap.com/fdic-fright/comment-page-1/#comment-6270 Josh Sat, 12 Jul 2008 13:39:09 +0000 http://www.cosmictap.com/?p=1005#comment-6270 I know it is to the advantage of Liberals in an election year to hype any bad news, but the reality is the FED will step in, as it's done in the past, if the FDIC or Fannie/Freddie needs money.<br><br>I wonder if Obama is elected, if your "concerns" will disappear, and that same news stories will receive the same level of concern. This smells of the 1992 Clinton tactic of hyping the "bad economy" and somehow declaring it was magically fixed after election day. <br><br>The reality is that the mild early 90s recession was over by 1992, and we are not even in one today. I know it is to the advantage of Liberals in an election year to hype any bad news, but the reality is the FED will step in, as it’s done in the past, if the FDIC or Fannie/Freddie needs money.

I wonder if Obama is elected, if your “concerns” will disappear, and that same news stories will receive the same level of concern. This smells of the 1992 Clinton tactic of hyping the “bad economy” and somehow declaring it was magically fixed after election day.

The reality is that the mild early 90s recession was over by 1992, and we are not even in one today.

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