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Thread: The recession may be over at last so what now? [edited]

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Truth Detector View Post
    To whomever holds treasury notes/bonds.
    The fed holds a few of those now.

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Truth Detector View Post
    You would be wrong again; but there are a few economists who are willing to risk their credibility for purely liberal partisan purposes.

    The notion that we are in a recovery requires a stunning level of willful denial regardless of whether one claims they are an economist or not.

    But the irony here is how these same morons were also claiming that during the Bush years we were in a recession while employment was at 4.5% and GDP growing at a 3.5% rate.

    The truth and historic record is not kind to Liberals and the efforts to now suggest that we are in a recovery based on the farcical attempts by Democrats to spend us into stunning deficits is asinine at best and more for the consumption of the gullible and ignorant.
    Your comments do not reflect what I read in the Financial Times when it comes to my door each day, nor what I read as I cruise around the web.

    They do not reflect anything other than partisanship, in fact. I find them as uncompelling as I found the Bush administrations assertions that we were not in recession, when we were heading into a ditch.

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Truth Detector View Post
    To whomever holds treasury notes/bonds.
    Come on TD, you have to do better than that....

    As little as 25% of US government debt is held by foreign entities. Therefore, under your assumptions, $375 million is being paid to US citizens and agencies.

    But bless your little heart
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by winston53660 View Post
    The fed holds a few of those now.
    Wrong again; the FED doles them out; other nations, corporations, trusts and state Governments hold them.


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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by jackalope View Post
    Your comments do not reflect what I read in the Financial Times when it comes to my door each day, nor what I read as I cruise around the web.
    REALLY? Do tell us what the Financial Times claims and provide a credible link to the source.

    Quote Originally Posted by jackalope View Post
    They do not reflect anything other than partisanship, in fact. I find them as uncompelling as I found the Bush administrations assertions that we were not in recession, when we were heading into a ditch.
    REALLY? So share with me what part of my comments about the economy are "partisan."

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Goldenboy219 View Post
    Come on TD, you have to do better than that....

    As little as 25% of US government debt is held by foreign entities. Therefore, under your assumptions, $375 million is being paid to US citizens and agencies.

    But bless your little heart
    Once again your comments are begging for a point; and a fact check. The fact is that the biggest holders of Treasury notes are indeed foreign entities with other State Governments coming in at a close second. Yes there are some trusts and citizens who hold the notes; so what?

    Now with that, is there a point to your nonsense? Are you arguing that borrowing $12 trillion and paying almost $500 million per day in interest is a GOOD thing???? REALLY????

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Truth Detector View Post
    Wrong again; the FED doles them out; other nations, corporations, trusts and state Governments hold them.

    Careful when dislodging your foot from your mouth. It is the Treasury, not the Fed, that issues debt based on the deficit spending of the US government. The Fed uses the purchasing and selling of these specific assets to inject/retract the amount of money within the economy.

    At this point in time, the Fed holds hundreds of billions of dollars in high rated US dollar denominated securities, of which, US Treasuries make up largest piece.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Goldenboy219 View Post
    Your partisan hackery is of no use to this conversation....
    I'm new here. Your post raises an issue for me. Is it ok to be personally rude on DP? What do they say about "he who lives by the sword...?"

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Truth Detector View Post
    Once again your comments are begging for a point; and a fact check. The fact is that the biggest holders of Treasury notes are indeed foreign entities with other State Governments coming in at a close second. Yes there are some trusts and citizens who hold the notes; so what?
    Another TD epic failure!



    Now with that, is there a point to your nonsense? Are you arguing that borrowing $12 trillion and paying almost $500 million per day in interest is a GOOD thing???? REALLY????
    No, but it is not as serious as you make it out to be. Specific determinants need to be taken into consideration before proper analysis is made. Of which, you do not seem capable of either....
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    re: The recession may be over at last so what now? [edited]

    Quote Originally Posted by Truth Detector View Post
    Wrong again; the FED doles them out; other nations, corporations, trusts and state Governments hold them.

    Ahhemm the fed reserve just completed a 300 billion buy today of treasury notes. Ill link later.

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