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	<title>Comments on: Web Extra: Economy on FIRE and in debt</title>
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	<link>http://www.sfreeper.com/2009/04/08/web-extra-economy-on-fire-and-in-debt/</link>
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		<title>By: mistah charley, ph.d.</title>
		<link>http://www.sfreeper.com/2009/04/08/web-extra-economy-on-fire-and-in-debt/comment-page-1/#comment-1984</link>
		<dc:creator>mistah charley, ph.d.</dc:creator>
		<pubDate>Wed, 15 Apr 2009 16:51:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.sfreeper.com/?p=2543#comment-1984</guid>
		<description>Q. “How many mortgage brokers does it take to screw in an energy-saving lightbulb?” 

A. Fortunately, since we don&#039;t need as many mortgage brokers as we used to, some HAVE found new employment in lighting greenification activities.  At a lower pay scale, of course.

Felix Salmon, blogging at Reuters, when asked if he wanted to &quot;hurt the American financial services industry&quot;, replied, in effect - if by &quot;hurt&quot; you mean &quot;reduce how much blood they can suck from our neck&quot; - hell, yes.  Well, his exact words were:

&#039;So yes, I do want to “hurt the American financial service industry down the road”, if by “hurt” you mean bringing its profits down to something less than 20% of all domestic corporate profits. That doesn’t seem unreasonable to me. And I especially want to hurt the American financial service industry down the road if by “the American financial service industry” you mean the too-big-to-fail banks which have caused such an enormous systemic risk to the global economy. Yes, I want to see them hobbled, much less powerful, and much less dangerous.&#039;</description>
		<content:encoded><![CDATA[<p>Q. “How many mortgage brokers does it take to screw in an energy-saving lightbulb?” </p>
<p>A. Fortunately, since we don&#8217;t need as many mortgage brokers as we used to, some HAVE found new employment in lighting greenification activities.  At a lower pay scale, of course.</p>
<p>Felix Salmon, blogging at Reuters, when asked if he wanted to &#8220;hurt the American financial services industry&#8221;, replied, in effect &#8211; if by &#8220;hurt&#8221; you mean &#8220;reduce how much blood they can suck from our neck&#8221; &#8211; hell, yes.  Well, his exact words were:</p>
<p>&#8216;So yes, I do want to “hurt the American financial service industry down the road”, if by “hurt” you mean bringing its profits down to something less than 20% of all domestic corporate profits. That doesn’t seem unreasonable to me. And I especially want to hurt the American financial service industry down the road if by “the American financial service industry” you mean the too-big-to-fail banks which have caused such an enormous systemic risk to the global economy. Yes, I want to see them hobbled, much less powerful, and much less dangerous.&#8217;</p>
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		<title>By: misfit@hotmail.com</title>
		<link>http://www.sfreeper.com/2009/04/08/web-extra-economy-on-fire-and-in-debt/comment-page-1/#comment-863</link>
		<dc:creator>misfit@hotmail.com</dc:creator>
		<pubDate>Fri, 10 Apr 2009 00:41:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.sfreeper.com/?p=2543#comment-863</guid>
		<description>ya that&#039;s nice, morons.

it&#039;s funny how you helped to give light to eric&#039;s inherent anti liberalism, and innate conservatism.

fucking morons, so basically, let me decode your drivel:

&quot;Well, what if Americans’ productivity keeps going up?

Productivity helps.

Indentured servitude, maybe?

There you go.

It’s siphoning off the cash flows from households and businesses that could be going to savings or investments-instead it’s going to pay off inflated debts from the FIRE economy era. It’s a political decision. And not a very good one.&quot;

Yes, you&#039;re right, we&#039;re going to raise your fucking taxes, you avaricious turd balls.

hahahahah!

love itulip but suck it freeper.</description>
		<content:encoded><![CDATA[<p>ya that&#8217;s nice, morons.</p>
<p>it&#8217;s funny how you helped to give light to eric&#8217;s inherent anti liberalism, and innate conservatism.</p>
<p>fucking morons, so basically, let me decode your drivel:</p>
<p>&#8220;Well, what if Americans’ productivity keeps going up?</p>
<p>Productivity helps.</p>
<p>Indentured servitude, maybe?</p>
<p>There you go.</p>
<p>It’s siphoning off the cash flows from households and businesses that could be going to savings or investments-instead it’s going to pay off inflated debts from the FIRE economy era. It’s a political decision. And not a very good one.&#8221;</p>
<p>Yes, you&#8217;re right, we&#8217;re going to raise your fucking taxes, you avaricious turd balls.</p>
<p>hahahahah!</p>
<p>love itulip but suck it freeper.</p>
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		<title>By: Greg Carnes</title>
		<link>http://www.sfreeper.com/2009/04/08/web-extra-economy-on-fire-and-in-debt/comment-page-1/#comment-857</link>
		<dc:creator>Greg Carnes</dc:creator>
		<pubDate>Thu, 09 Apr 2009 16:44:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.sfreeper.com/?p=2543#comment-857</guid>
		<description>Eric simply has got it all figured out. He explains the historical causes, the repercussions, and has a logical explanation for a possible fix. I was in the midst of the subprime mortgage industry (appraisal) since the RTC salvaged the mess from the prior S&amp;L crash. In 2004 I got sick of hearing banks/mortgage brokers begging for inflated values after I gave them the market derived value. I also watched developers take advantage of our government housing programs and destroy contractors by not paying in full. Mass Greed. I chose to join the Fed. government payrolls and do something for our military because I did foresee an end to the bubble. Too many houses and no foresight to the future. I am a big fan of Eric&#039;s thoughts...wish I could read his book, but I am stretched thin on budget from the hyperinflation and greed of others.</description>
		<content:encoded><![CDATA[<p>Eric simply has got it all figured out. He explains the historical causes, the repercussions, and has a logical explanation for a possible fix. I was in the midst of the subprime mortgage industry (appraisal) since the RTC salvaged the mess from the prior S&amp;L crash. In 2004 I got sick of hearing banks/mortgage brokers begging for inflated values after I gave them the market derived value. I also watched developers take advantage of our government housing programs and destroy contractors by not paying in full. Mass Greed. I chose to join the Fed. government payrolls and do something for our military because I did foresee an end to the bubble. Too many houses and no foresight to the future. I am a big fan of Eric&#8217;s thoughts&#8230;wish I could read his book, but I am stretched thin on budget from the hyperinflation and greed of others.</p>
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		<title>By: Chad</title>
		<link>http://www.sfreeper.com/2009/04/08/web-extra-economy-on-fire-and-in-debt/comment-page-1/#comment-843</link>
		<dc:creator>Chad</dc:creator>
		<pubDate>Thu, 09 Apr 2009 03:40:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.sfreeper.com/?p=2543#comment-843</guid>
		<description>Great interview--the important questions and real alternatives.  Why doesn&#039;t this stuff find its way into more print media, even now?</description>
		<content:encoded><![CDATA[<p>Great interview&#8211;the important questions and real alternatives.  Why doesn&#8217;t this stuff find its way into more print media, even now?</p>
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		<title>By: Robert</title>
		<link>http://www.sfreeper.com/2009/04/08/web-extra-economy-on-fire-and-in-debt/comment-page-1/#comment-842</link>
		<dc:creator>Robert</dc:creator>
		<pubDate>Thu, 09 Apr 2009 03:02:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.sfreeper.com/?p=2543#comment-842</guid>
		<description>Bravo!</description>
		<content:encoded><![CDATA[<p>Bravo!</p>
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		<title>By: Eric Janszen gives the economic gloom and doom, take it or leave it &#124; Les Jones</title>
		<link>http://www.sfreeper.com/2009/04/08/web-extra-economy-on-fire-and-in-debt/comment-page-1/#comment-835</link>
		<dc:creator>Eric Janszen gives the economic gloom and doom, take it or leave it &#124; Les Jones</dc:creator>
		<pubDate>Wed, 08 Apr 2009 23:43:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.sfreeper.com/?p=2543#comment-835</guid>
		<description>[...] Fe Reeper - Economy on FIRE and in debt: Can you put today’s economic situation in a historical perspective? Is there any [...]</description>
		<content:encoded><![CDATA[<p>[...] Fe Reeper &#8211; Economy on FIRE and in debt: Can you put today’s economic situation in a historical perspective? Is there any [...]</p>
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