Comments on: QOD http://www.delawareliberal.net/2008/09/30/qod-104/ Ground zero for all things political in Delaware Thu, 09 Feb 2012 11:49:49 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: kavips http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65341 kavips Wed, 01 Oct 2008 15:00:54 +0000 http://www.delawareliberal.net/?p=6738#comment-65341 (PS. was going to chuckle, what about the day after the rebound, but decided "nah...I'll leave it alone.") (PS. was going to chuckle, what about the day after the rebound, but decided “nah…I’ll leave it alone.”)

]]> By: kavips http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65339 kavips Wed, 01 Oct 2008 14:57:39 +0000 http://www.delawareliberal.net/?p=6738#comment-65339 Lol, you should have linked.... I missed this one... Anyone who has even casually studied the Great Depression knows it is no laughing matter... The conditions it creates are so bad, the only human way to deal with it is to laugh at it.... Lol, you should have linked…. I missed this one…

Anyone who has even casually studied the Great Depression knows it is no laughing matter…

The conditions it creates are so bad, the only human way to deal with it is to laugh at it….

]]> By: Not Brian http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65324 Not Brian Wed, 01 Oct 2008 13:42:37 +0000 http://www.delawareliberal.net/?p=6738#comment-65324 If you all want a barometer of how the banking system and credit markets are doing though, check out the LIBOR today... when banks are scared to lend to other banks it goes up... it went up to a record in Euros and the fastest increase ever for dollars. But a lot of the reason for that was financial institutions cleaning up their balance sheets for 3rd quarter reporting... it has eased today but is still high. I understand this is a lot of the reason that Paulson and Bernanke were freaked out - we have no real monetary policy if we pump liquidity into the market at 2% but banks won't even lend to other banks for less than 6%... this is all a little esoteric, but this is the heart of the concern right now... Interesting downstream impact - LIBOR is the underlying rate for a lot of variable rate consumer loans and credit cards... Explanation of LIBOR: http://en.wikipedia.org/wiki/LIBOR Article on the increase in LIBOR: http://www.bloomberg.com/apps/news?pid=20601087&sid=aFan9b.OV37U&refer=home If you all want a barometer of how the banking system and credit markets are doing though, check out the LIBOR today… when banks are scared to lend to other banks it goes up… it went up to a record in Euros and the fastest increase ever for dollars.

But a lot of the reason for that was financial institutions cleaning up their balance sheets for 3rd quarter reporting… it has eased today but is still high. I understand this is a lot of the reason that Paulson and Bernanke were freaked out – we have no real monetary policy if we pump liquidity into the market at 2% but banks won’t even lend to other banks for less than 6%… this is all a little esoteric, but this is the heart of the concern right now…

Interesting downstream impact – LIBOR is the underlying rate for a lot of variable rate consumer loans and credit cards…

Explanation of LIBOR:
http://en.wikipedia.org/wiki/LIBOR

Article on the increase in LIBOR:
http://www.bloomberg.com/apps/news?pid=20601087&sid=aFan9b.OV37U&refer=home

]]> By: Joanne Christian http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65232 Joanne Christian Wed, 01 Oct 2008 03:49:25 +0000 http://www.delawareliberal.net/?p=6738#comment-65232 Yea...Thank you Not Brian for returning.... Yea…Thank you Not Brian for returning….

]]> By: Not Brian http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65162 Not Brian Tue, 30 Sep 2008 22:43:40 +0000 http://www.delawareliberal.net/?p=6738#comment-65162 My two cents... <a HREF="http://en.wikipedia.org/wiki/Gross_domestic_product" rel="nofollow">Real Gross Domestic Product"</A> If you want to be progressive about it try <a HREF="http://en.wikipedia.org/wiki/Genuine_Progress_Indicator" rel="nofollow">Genuine Progress Indicator </A> or <a HREF="http://en.wikipedia.org/wiki/Index_of_Sustainable_Economic_Welfare" rel="nofollow">Index of Sustainable Economic Welfare</A> Stock markets are pricing mechanisms. They do not tell you anything about the economy other than what investors think the earnings of future earnings of individual stocks will be over time (at least theoretically a stock’s real value is the net present value of it’s future cash flows - earnings and dividends). My two cents…

Real Gross Domestic Product”

If you want to be progressive about it try Genuine Progress Indicator or Index of Sustainable Economic Welfare

Stock markets are pricing mechanisms. They do not tell you anything about the economy other than what investors think the earnings of future earnings of individual stocks will be over time (at least theoretically a stock’s real value is the net present value of it’s future cash flows – earnings and dividends).

]]> By: anon http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65127 anon Tue, 30 Sep 2008 19:47:54 +0000 http://www.delawareliberal.net/?p=6738#comment-65127 Wouldn't the credit markets be better served by NOT writing $700B in new federal debt? Wouldn’t the credit markets be better served by NOT writing $700B in new federal debt?

]]> By: cassandra_m http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65124 cassandra_m Tue, 30 Sep 2008 19:15:26 +0000 http://www.delawareliberal.net/?p=6738#comment-65124 New Rule: No writing of serious economic policy based on what the stock market does today. New Rule: No writing of serious economic policy based on what the stock market does today.

]]> By: Dorian Gray http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65122 Dorian Gray Tue, 30 Sep 2008 19:12:54 +0000 http://www.delawareliberal.net/?p=6738#comment-65122 Explain to me the Russell 2000. :-) Explain to me the Russell 2000. :-)

]]> By: anonone http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65121 anonone Tue, 30 Sep 2008 19:11:56 +0000 http://www.delawareliberal.net/?p=6738#comment-65121 The Dow Jones Industrial Average is a price weighted index, and it should be ignored as a meaningful indicator. The S&P 500 is not price-weighted and is therefore a better indicator of relative market value of a basket of large cap companies. The Dow Jones Industrial Average is a price weighted index, and it should be ignored as a meaningful indicator. The S&P 500 is not price-weighted and is therefore a better indicator of relative market value of a basket of large cap companies.

]]> By: Dorian Gray http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65120 Dorian Gray Tue, 30 Sep 2008 19:05:42 +0000 http://www.delawareliberal.net/?p=6738#comment-65120 That is a good question. That is a good question.

]]> By: Mike Matthews http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65119 Mike Matthews Tue, 30 Sep 2008 19:05:41 +0000 http://www.delawareliberal.net/?p=6738#comment-65119 Or maybe you could just call in and take off your damn mask! 302-645-8990! On air in 4 minutes! Or maybe you could just call in and take off your damn mask! 302-645-8990! On air in 4 minutes!

]]> By: anonone http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65117 anonone Tue, 30 Sep 2008 19:02:46 +0000 http://www.delawareliberal.net/?p=6738#comment-65117 Mike, Perhaps you could discuss how someone that claims to have despised Bush/Cheney for the last 7 years could support McSame-Palin even though McCain voted with Bush 90% of the time and selected the empty pantsuit Palin as his running mate. I think that might make an interesting show. Just a suggestion. Mike,

Perhaps you could discuss how someone that claims to have despised Bush/Cheney for the last 7 years could support McSame-Palin even though McCain voted with Bush 90% of the time and selected the empty pantsuit Palin as his running mate.

I think that might make an interesting show. Just a suggestion.

]]> By: Linoge http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65116 Linoge Tue, 30 Sep 2008 18:59:14 +0000 http://www.delawareliberal.net/?p=6738#comment-65116 Damn. Knew I should have filled that grand-sized-hole in my IRAs yesterday evening. Oh well. Damn. Knew I should have filled that grand-sized-hole in my IRAs yesterday evening. Oh well.

]]> By: Mike Matthews http://www.delawareliberal.net/2008/09/30/qod-104/#comment-65115 Mike Matthews Tue, 30 Sep 2008 18:56:26 +0000 http://www.delawareliberal.net/?p=6738#comment-65115 Interesting concept, Jason...would you like to come on air and talk about what you are saying here?!? I soooo need a guest! Interesting concept, Jason…would you like to come on air and talk about what you are saying here?!? I soooo need a guest!

]]>