4 Economic Moves the Government Got Right

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Trouble Asset Relief Program create new employment shine more brightly. Mrs. Elizabeth and Mr. Waren Buffet have already owned opportunities for comprehensive business development.

As worker we could get fresh to get something new, better and better.

For us to remember, it's our relation, commitment, and strong desire to set up the best new World Trade Center, from the strong structure foundation till get the best shape.

Timing is our first priority.

Andre Budianto 9:21AM December 21, 2009

Trouble Asset Relief Program create new employment shine more brightly. Mrs. Elizabeth and Mr. Waren Buffet have already owned opportunities for comprehensive business development.

As worker we could get fresh to get something new, better and better.

For us to remember, it's our relation, commitment, and strong desire to set up the best new World Trade Center, from the strong structure foundation till get the best shape.

Timing is our first priority.

Andre Budianto 9:21AM December 21, 2009

Trouble Asset Relief Program create new employment shine more brightly. Mrs. Elizabeth and Mr. Waren Buffet have already owned opportunities for comprehensive business development.

As worker we could get fresh to get something new, better and better.

For us to remember, it's our relation, commitment, and strong desire to set up the best new World Trade Center, from the strong structure foundation till get the best shape.

Timing is our first priority.

Andre Budianto 9:21AM December 21, 2009

What are you talking about when you say free markets fail? The government failed us and caused the financial meltdown along with greedy banker's and wall street execs. We have crony capitalism not free market capitalism in this country. The more the government gets involved the more skewed it gets. If the government acted quickly when they knew that there was going to be a meltdown in mortgages over two years ago rather than just paying lip service to the problem at the time we may have been able to avert the home buyer program now , which is contributing to our climbing national debt. The economy is having an historically weak recovery only due to the cash for clunkers program( more debt). And banks are not lending. The vast majority of businesses in this country still can't get a loan. There is an old saying in the stock brokerage business. When the government pumps money into the economy it always ends up in the stock market. What happens when we stop borrowing and pumping? And most earning improvement is coming from laying off workers not increasing sales.

It seems Rick Newman doesn't have a handle on what's going on.

Bruce in Scottsdale of AZ 11:38AM December 03, 2009

The writer isn't saying the government intervention was perfect. He is stating the fact that without the government help the economy would be a lot worse off and if the 'free' markets were left to their own devices there would have been economic collapse. He doesn't mention the future. Obviously there are challanges ahead and with the help of the democratically elected government of this country we will navigate through those challanges. Again it may not be perfect but it is better than the clif we would have to jump off of. I don't get you free market anti-government people. I cannot elect the CEO of a major corporation but I can elect government officials, who are my voice in the world. Ultimately they are there to give us a voice and protect us. If it wasn't for the government we would still have 90 hour work weeks at $0.01 per hour wages. Pollution would be worse, cars would have no safety belts, etc. etc. The point is democracy, if practiced correctly, can protect the little guy, keep the 'free' markets in check, and make our lives better. If you don't like it then move to Mexico, where the free market lives.

Brian McDonnell of CA 10:45AM December 03, 2009

This guy doesn't know what he is talking about. Sure everything is fine and dandy now, but look at what the future entails. Whenever the Federal Reserve pumps money into the economy at the rate they have with bailouts, you get inflation. Never have we seen this much money pumped into the economy even in the 80's. Eventually they have to take that money out. The economy is like a drug addict. A drug addict does a drug to get a jolt. After a while you get used to that amount and you need more drugs to get the same jolt. The same happens with the economy. Once you increase the money supply it gets a jolt. After a while the economy will need more money to get the same jolt. However, when an addict can't get his fix, he goes through withdrawal. When you take money out by raising interest rates, the economy goes through withdrawal. The problem is, we have overdosed by increasing the money supply at historic rates. The Feds will have to raise interest rates to levels probably higher than the 80's to stifle inflation. It will be like a cold turkey withdrawal of the "drug". Some may ask, well why are we seeing deflation? Well it's a short term deflation that should have lasted longer if there was no Government involvement. It was just a natural "free market" fix of prices that over reached wages. Some may ask, well why are we seeing a jolt in the economy? Well as the writer suggest, the Government stepped in and created programs that made it enticing for the consumer to buy. They created the first time home-buyer program, cash-for-clunkers, huge government spending, and a small tax cut. They injected more drug or money. These policies will soon end if they haven't already and that temporary jump in the economy will take a turn. Inflation will hit in about 1-3 years. The DOW has gone above the trend line for rate of return YTD and will eventually make the downward trend. The dollar wil

of 8:27AM December 03, 2009

This guy doesn't know what he is talking about. Sure everything is fine and dandy now, but look at what the future entails. Whenever the federal reserve pumps money into the economy at the rate they have with bailouts, you get inflation. Never have we seen this much money pumped into the economy even in the 80's. Eventually they have to take that money out. The economy is like a drug addict. A drug addict does a drug to get a jolt. After a while you get used to that amount and you need more drug to get the same jolt. The same happens with the economy. Once you increase the money supply it gets a jolt. After a while the economy will need more money to get the same jolt. However, when an addict can't get his fix, he goes through withdrawl. When you take money out by raising interest rates, the economy goes through withdrawl. The problem is, we have overdosed by increasing the money supply at historic rates. The Feds will have to raise interest rates to levels probably higher than the 80's to stifle inflation. It will be like a cold turkey withdrawl of the "drug". Some may ask, well why are we seeing deflation? Well it's a short term deflation that should have lasted longer if there was no Government involvement. It was just a natural "free market" fix of prices that over reached wages. Some may ask, well why are we seeing a jolt in the economy? Well as the writer suggest, the Government stepped in and created programs that made it enticing for the consumer to buy. They created the first time home-buyer program, cash-for-clunkers, huge government spending, and a small tax cut. The inject more drug or money. These policies will soon end if they haven't already and that temporary jump in the economy will take a turn. Inflation will hit in about 1-3 years. The DOW has gone above the trendline for rate of return YTD and will eventually make the downward trend. The dolla

of 8:23AM December 03, 2009

What is being asked is that the Department of Labor and other agencies complete their appointment responsibilities because there are administration employees that have not been call back to their employment and their benefits have not been processed by the office of personnel management at the request of the agency heads; some of these people went to court, at any rate they are employees. These employees cannot re-file court cases because there is already a ruling and the agencies have been asked to settle their appointments and GAO received notification.

So, really the Obama Administration should give instructions before year 2010. The rulings were of the Bush Administration as being signed.

The FBI should have known of these matters as standard procedure referrals because there is no contact person referenced by the agency.

These people should be told what to do concerning their employment and it has not been done to date.

Post of NC 7:00PM December 01, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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